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Archive for April 20, 2011

Cops Use Mobile Scanner To Steal Cellphone Data From Innocent Americans

April 20, 2011 1 comment

infowars.com

Americans are living in a predatory police state, then this story completely eviscerates it. Michigan state police have been using a handheld mobile forensics device to steal information from cell phones belonging to motorists stopped for minor traffic violations.

Read more…

NY State Says These Kids’ Games Pose ‘Significant Risk Of Injury’

April 20, 2011 1 comment

babble.com

 
250px Children playing tag NY State Says These Kids Games Pose Significant Risk Of InjuryTag has been deemed an unsafe game by New York State Health Department.

School will be soon be out but if it’s up to the New York State Health Department, a lot of city kids might be spending their time indoors.

The New York State Health Department created a list of what they deemed “risky recreational activities” and is forcing many summer programs to ban these games unless they shell out extra funds to be recognized as an official summer camp. They say the activities listed pose a “significant risk of injury” and have been named as hazards which need to be regulated at day camps.

While proper supervision and safety concerns rank high on every parent’s list of priorities, the games that have been deemed unsafe and risky might shock a lot of city parents who grew up playing these ‘dangerous’ games.

For starters, kids can kiss wiffle ball, dodge ball, and kick ball goodbye. Horseback riding and scuba make the list and more understandably, archery. But so does freeze tag, Frisbee, steal the bacon and tug of war!

According to the NY Daily News, under the new rules, any program that offers two or more organized recreational activities – with at least one of Read more…

Bank of America sees Brent oil rallying to $140

April 20, 2011 Comments off

reuters.com

I posted a article back in December if oil were to go over $145 in 2011.  The bad news is in the forthcomming months it will hit $200 per barrel.

LONDON, April 20 (Reuters) – Bank of America Merrill Lynch (BAC.N: Quote) said it expected Brent crude LCOc1 to hit $140 a barrel in the next three months, before falling later in the year as high prices curb demand.

Brent crude has traded as high as $127.02 in 2011, the highest since 2008 when prices reached an all-time peak above $147.

Influential banks in commodities are expressing contrasting views on whether the rally will persist.

“The time is not yet ripe for oil demand destruction, and we maintain our view that Brent oil will average $122 a barrel this quarter, with prices Read more…

Energy saving light bulbs ‘contain cancer causing chemicals’

April 20, 2011 1 comment

telegraph

Fears have been reignited about the safety of energy saving light bulbs after a group of scientists warned that they contain cancer causing chemicals.

Energy saving light bulbs

Scientists claim that several carcinogenic chemicals are released when energy saving light bulbs are switched on 
 
 

Their report advises that the bulbs should not be left on for extended periods, particularly near someone’s head, as they emit poisonous materials when switched on.

Peter Braun, who carried out the tests at the Berlin’s Alab Laboratory, said: “For such carcinogenic substances it is important they are kept as far away as possible from the human environment.”

The bulbs are already widely used in the UK following EU direction to phase out traditional incandescent lighting by the end of this year.

But the German scientists claimed that several carcinogenic chemicals and toxins were released when Read more…

Dead fish wash ashore north of Los Angeles

April 20, 2011 1 comment

Records fall as big spring storm hits Madison

April 20, 2011 1 comment

madison.com

Snow, rain and cold combined to give Madison a trio of new weather records on Tuesday as a wicked spring storm whipped through the state.

The National Weather Service said 1.13 inches of precipitation (rain plus snow converted to liquid) fell at the Dane County Regional Airport on Tuesday, breaking the old mark of 0.93 inches for April 19, set in 1993.

The precipitation included 1.3 inches of snow, which broke the old record of 0.3 inches of snow for April 19, set in 1953.

And to top (or bottom) it off, the coldest high temperature ever for April 19 of 36 degrees was recorded at the airport, breaking the old mark of 38 for the day, set in 1928.

Madison wasn’t the only locale to set new records.

The Weather Service said 9.9 inches of snow fell in Green Bay on Tuesday, the greatest daily snowfall ever in Titletown so late in the snow season (starting July 1). The total also smashed the previous mark of 1.5 inches of snow for April 19, set in 1898.

The big snow boosted the season total in Green Bay to 92.4 inches, the third highest snowfall total on record and the most since 1889-90.

Record snows also were recorded in Wausau, La Crosse and Milwaukee.

The snow pushed off to the east overnight, but icy roads still could  be a problem in parts of the state early Wednesday morning, especially on Read more…

University of Texas’s Gold Buy Is a Game-Changer

April 20, 2011 Comments off

seekingalpha.com

Over the weekend, an announcement was made that the University of Texas endowment fund had decided to take delivery of $1 billion worth of gold. This was an absolutely huge development on multiple fronts.

First, the UT endowment fund’s gold purchase was a radical deviation from the standard institutional portfolio, the possibility of which we have considered for some time. Since UT has about $20 billion in assets, a $1 billion gold allocation would indicate 5% of its assets in gold. The standard institutional allocation to gold is 1%; a 5% allocation is a huge increase. If (or in our opinion, when) other institutions adopt a similar stance, the price of gold will skyrocket.

Second, the endowment’s purchase of this large an amount of gold gives a huge vote of confidence to gold and precious metals as an investment. For the past few years, financial media has lined up “experts” to tell us all about how gold is an irrational and poor investment, including figures as large as Warren Buffett’s right hand man, Charlie Munger.

Well, the UT endowment fund is neither dumb nor stupid, and it helps that it’s not poor: It’s well-funded institutional investors who are making a tactical investment decision, not a short-term trade. As Kyle Bass, the hedge fund manager who advised UT to purchase the gold, explained, the gold was purchased as a hedge against Read more…

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