Market Movers: August 1, 2011 Citigroup Inc (NYSE:C) Marc Liinamaa Citigroup Inc (NYSE:C) Head of Asia Pacific Ratings Advisory thefinancepress says: $ C Financials News: Citi, AIG: Financials News: Citi, AIG MarketNewsVideo.com – 1 hour ago Citigroup ( NYSE : C ) … http://bit.ly/n6x3O9
Continue reading …Conservative talk radio host Rush Limbaugh on Friday exposed Rachel Maddow for lying about him on her MSNBC program. On Thursday, during a lengthy segment about Barack Obama's birth certificate, Maddow said (video follows with transcript and commentary): RACHEL MADDOW, HOST: I will say — I thought at the time when President Obama released the second form of the birth certificate that that would not put this thing to rest, that it wasn’t fact-based, and giving more facts wouldn’t help, but it did put it to rest. I was wrong. It put it to rest. On the president’s 50th birthday today, it is now just the dead-enders and the profiteers at this point who is plugging this thing. There is nobody who has any pull at all in conservative politics or Republican politics at all who has — seriously? Are you sure? Are you sure this is not from last — this is this week? This is from yesterday? OK. Play it. (BEGIN VIDEO CLIP) RUSH LIMBAUGH, RADIO TALK SHOW HOST: Tomorrow is Obama’s birthday. Not that we’ve seen any proof of that. We haven’t seen any proof of that. They tell us August 4th is the birthday. But we haven’t seen any proof of it. Sorry. (END VIDEO CLIP) MADDOW: Sorry. Apparently, it’s not over. Problem is, the clip Maddow played was from last year. Here's what Limbaugh had to say about that Friday: LIMBAUGH: It's fun time now. Now, I've told Cookie, just so you people know this, that we have a moratorium on any audio sound bites from hosts at MSNBC, for a host of reasons, but every moratorium is lifted occasionally now and then, even if temporarily. Today is one of those days. Last night on the Rachel Maddow Show on MSNBC, she talked about me and President Obama's birthday, and she played an audio clip of me. MADDOW: On the president's 50th birthday today, it is now just the dead-enders and the profiteers at this point still flogging this thing. There is nobody who has any pull at all in conservative politics or in Republican politics at all who has (pause) — seriously? Are you sure? Are you sure this is not from last — this is this week? This is from yesterday? Okay. Play it. (BEGIN AUDIO CLIP) LIMBAUGH: Tomorrow is Obama's birthday. Not that we’ve seen any proof of that. We haven’t seen any proof of that. They tell us August 4th is the birthday. But we haven't seen any proof of it. Sorry. MADDOW: Sorry. Apparently, it’s not over. Rush Limbaugh is still a birther? I mean, isn’t birtherism over now? (END AUDIO CLIP) LIMBAUGH: So she played a clip of me from a year ago that they said I said yesterday. And I think they've gotta be called on that. This is no different than these people making up all those phony quotes during the NFL, St. Louis Rams business. Plus taking it out of context. All of that has always been in the context of a joke. Here's the transcript from August 3, 2010: LIMBAUGH: Tomorrow is Obama's birthday. Not that we've seen any proof of that, but tomorrow is Obama's birthday, and they're trying to rally Obama's base by sending out fundraising letters — (interruption) what? What, Snerdley, what? We haven't seen any proof of that. They tell us August 4th is the birthday. We haven't seen any proof of it. Sorry. It is what it is. This is some really pathetic nonsense from Maddow and the folks at MSNBC. Is this really what passes for journalism at this disgrace of a so-called “news” network? In any profession, such negligence would be met with the harshest consequences. Why are media members today allowed to lie with total impunity? (H/T Right Scoop )
Continue reading …Stocks closed mostly lower after a day of whipsaw trading. The Dow Jones industrial average traded in a huge range of 400 points.(Aug. 5)
Continue reading …NFL Commissioner Roger Goodell and NFLPA head DeMaurce Smith signed the new collective bargaining agreement between the players and owners Friday on the steps of the Pro Football Hall of Fame in Canton, Ohio. (Aug. 5)
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Continue reading …For the second week in a row, Bloomberg's Margaret Carlson got a much-needed education from Charles Krauthammer on PBS's “Inside Washington.” After Carlson gave the typical Keynesian response to Friday's unemployment report – “We’re cutting spending at a time when we should be adding spending to stimulate the economy and jobs” – Krauthammer without skipping a beat quipped, “The way it worked in ’09 and in ’10″ (video follows with transcript and commentary): GORDON PETERSON, HOST: The unemployment rate dipped slightly to 9.1 percent, and the private sector added 154,000 jobs, what is a net gain of 117 because there were 37,000 government jobs including 23,000 because of the Minnesota state shutdown. 117,000 in a, in a nation of 330 million people – that’s not very good news. MARGARET CARLSON, BLOOMBERG NEWS: No, we need 300,000 to even, you know, show, show any growth. And there no signs of any growth, and we’re cutting spending at a time when we should be adding spending to stimulate the economy and jobs. EVAN THOMAS, NEWSWEEK: But there is a larger… CHARLES KRAUTHAMMER : The way it, the way it worked in ’09 and in ’10. Isn't it amazing how virtually every member of the media still believes in Keynesian economics despite its obvious failure in the past four and a half years? As NewsBusters reported Friday: Since the Democrats took over Congress in 2007, the deficit has grown tenfold from $160 billion to $1.6 trillion. Spending has increased $1.1 trillion or 41 percent as the debt exploded $5.9 trillion or 68 percent. Meanwhile, unemployment has gone from 4.4 percent to 9.1 percent. How could anyone need any more proof that governments can't spend their way out of recessions?
Continue reading …Scarce put up New Jersey Governor Chris Christie’s speech defending his nomination of Solahi Mohammed to NJ’s Superior Court earlier. And as much as I find to vehemently disagree with Chris Christie–and there are volumes of disagreement — there’s something refreshing in seeing a Republican reject typical xenophobic memes and speak on an intellectually honest level. The question on Sharia Law seemed to set Christie off, as he said exasperated : “Sharia Law has nothing to do with this at all, it’s crazy! The guy is an American citizen!” He concluded that the “Sharia Law business is just crap… and I’m tried of dealing with the crazies,” adding with disgust and frustration that “it’s just unnecessary to be accusing this guy of things just because of his religious background.” Lawrence O’Donnell thought so too, and awarded Christie with the first ever The Last Word standing ovation for refusing to capitulate to the ugliness that is the Republican Party’s unabashed islamophobia and rightfully characterize those practitioners as “crazies.” Unfortunately, there’s consequences to be paid for such honesty. Certainly, getting applauded by liberals on the derided liberal station MSNBC isn’t good for one’s conservative cred. Next thing you know, Christie’s mug will be up on Pammy Geller’s website as a islamo-fascist terrorist lover .
Continue reading …Sure, you’ve seen cameras with interchangeable lenses — you might even own one or two — but a cam that lets you swap out the sensor with the lens? Now that’s pretty unique. Ricoh’s GXR has been around since 2009 and does exactly that , with four lens / sensor combos, including two zooms and a pair of fixed lenses. Now, the company has confirmed that its new Leica M-mount module will ship on September 9th, letting you use your existing Leica lenses with the GXR. The module includes a 12.3 megapixel APS-C sensor and has a 27.8mm Leica M bayonet mount, with support for RAW image capture and 720p video. It also has an “open” price, which means it’s still anyone’s guess as to how much you’ll be shelling over. But if you own a collection of Leica glass and are interested in experimenting with such a unique sensor-swapping camera system, you’re probably somewhat open to open pricing. Ricoh GXR Leica M-mount module gets a September ship date, lets you swap lenses with one sensor originally appeared on Engadget on Fri, 05 Aug 2011 16:18:00 EDT. Please see our terms for use of feeds . Permalink
Continue reading …At a Hollywood Museum exhibit celebrating the career of Lucille Ball, her daughter reflects on mom’s famous TV show. (Aug. 5)
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