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Europe’s debt ‘risks financial stability’

IMF report says vulnerability of banks threatens financial system Risks of a fresh banking crash have diminished over the past six months but the financial system remains fragile four years after the crisis that took the global economy to the brink of meltdown, the International Monetary Fund (IMF) said. In its half-yearly Financial Stability Report, the Washington-based IMF said the sovereign debt problems affecting Europe and the vulnerability of banks posed key downside risks to stability and economic recovery. The IMF advised policymakers in member countries to address the legacy of high debt burdens in rich western economies, to develop a more robust financial system, and to guard against the overheating and build-up of financial imbalances in emerging nations. Low interest rates and quantitative easing had boosted the appetite for risk, the IMF said, warning that “easy monetary and liquidity conditions may be masking underlying vulnerabilities”. It added that rising expectations of higher interest rates in the face of growing inflationary pressures could result in funding risks for vulnerable sovereign states and banking systems. Since the last IMF meeting in October, Ireland and Portugal have joined Greece in requiring bailouts to see them through their financial difficulties. “Sovereign balance sheets remain under strain in many advanced economies, as illustrated by increased sovereign bond market volatility in some euro area countries over the past six months,” the report said. It said UK banks were exposed to weakness in the residential and commercial property markets, with household debt remaining high. “Banks face pressure on the asset side of their balance sheets because of concerns about the quality of bank exposures,” the IMF said. “This is particularly the case for exposures to real estate – either residential or commercial – in Ireland, Spain, the UK and the US.” IMF European debt crisis Financial crisis Global economy Economics Global recession Banking European banks Ireland bailout Portugal Greece Larry Elliott guardian.co.uk

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Bachmann: Obama should put his birth certificate ‘on the table’

Click here to view this media Rep. Michele Bachmann (R-MN) indirectly questioned President Barack Obama’s citizenship Monday night. “As far as I’m concerned, I think, if I decide to throw the hat in the ring, anybody could look at my birth certificate, I could care less,” she told Fox News’ Sean Hannity. “This is the easiest problem to solve. The president just has to give proof and verification, and there it goes. Either it’s real or it’s not.” “Everybody should put their birth certificates on the table and not worry about it. It doesn’t have to be a toxic issue. Put your birth certificate in, end of story.” FactCheck.org reported in 2008 that they had “seen, touched, examined and photographed the original birth certificate.”

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Lawrence O’Donnell Apologizes For Crying About Planned Parenthood: ‘I Failed’ (VIDEO)

Lawrence O’Donnell apologized for crying on air during an emotional defense of Planned Parenthood. On his Monday show, O’Donnell addressed the hubbub he had caused when he read an email from a friend who depended on the organization–whose federal funding has come under heavy attack from Republicans in recent weeks–and couldn’t hold back the tears as he read the end of the note out loud. Most prominently, Glenn Beck tore into O’Donnell, mocking him and suggesting that only “hookers” depend on Planned Parenthood. O’Donnell did not spend too much time on Beck, though. He read bits of a column from Mediaite that criticized his breakdown and called it “contrived.” “That is exactly what I would have thought if I had watched someone else do what I did on Friday night,” he said, adding that “I did everything I could to control my emotion in that reading but I could never say the last line clearly.” O’Donnell said that he thought about not reading the line because he didn’t want to distract from the actual email. “I failed,” he said. “I have distracted some attention from the content of the email and I regret that deeply.” He said that the last line–”please yell some sense into these people”–had gotten to him because he knew that “I couldn’t–that there would be no way to yell any sense into people like that, and someone who had mistaken the power of this box sadly thought I could do that.” WATCH: Visit msnbc.com for breaking news, world news, and news about the economy

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Alan Simpson: I’m Not Sticking With Republicans Who Are ‘Homophobic,’ ‘Anti-Women’ (VIDEO)

Former senator Alan Simpson (R-Wyo.) didn’t mince words in weighing in on the crop of Republicans mulling presidential campaigns for the next election cycle during an appearance on MSNBC’s “Hardball” on Monday. When asked for his assessment of the emerging GOP field by anchor Chris Matthews, the co-chair of President Obama’s deficit commission didn’t hold back in criticizing members of his party on social issues. “Who the hell is for abortion?,” asked Simpson, who has developed a reputation for making blunt and colorful remarks. “I don’t know anybody running around with a sign that says, have an abortion, they’re wonderful. They’re hideous. But they’re a deeply intimate and personal decision, and I don’t think men legislators should even vote on the issue.” Simpson went on to address the issue of gay rights. “Then you’ve got homosexuality,” he said. “You’ve got ‘Don’t Ask, Don’t Tell.’ We have homophobes in our party. That’s disgusting to me. We’re all human beings. We’re all God’s children. … [Former Pennsylvania senator Rick] Santorum has said some cruel things, cruel, cruel things about homosexuals. Ask him about it. See if he attributes the cruelness of his remarks years ago. Foul.” Simpson was presumably referring to remarks made by Santorum in 2003 that have already resurfaced in the early stages of the GOP presidential primary campaign. CNN reported at the time on the comments in question: In [an] AP interview, Santorum criticized homosexuality as he discussed a pending Supreme Court case over a sodomy law in Texas. “If the Supreme Court says that you have the right to consensual (gay) sex within your home, then you have the right to bigamy, you have the right to polygamy, you have the right to incest, you have the right to adultery. You have the right to anything,” Santorum said in the AP interview. “That’s the kind of guys that are going to be on my ticket, you know, makes you sort out hard what Reagan said, you know, ‘stick with your folks,’” explained Simpson to Matthews. “But I’m not sticking with people who are homophobic, anti-women, you know, moral values while you’re diddling your secretary while you’re giving a speech on moral values. Come on. Get off of it.” New Jersey Governor Chris Christie is one Republican who Simpson praised in the context of the conversation that began on the topic of the 2012 presidential election. He called the governor “quite awesome.” WATCH: Visit msnbc.com for breaking news, world news, and news about the economy

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Naomi Wolf: ‘I Want My Al Jazeera’

“[F]or America's sake, I hope that Al Jazeera penetrates the US media market. Unless Americans see the images and narratives that shape how others see us, the US will not be able to overcome its reputation as the world's half-blind bully.” So stated Naomi Wolf's ” I Want My Al Jazeera ” published at the Huffington Post Tuesday evening (image courtesy Mike Licht ): [T]o this day, Al Jazeera, which, together with BBC News, has become one of the premier global outlets for serious television news, is virtually impossible to find on televisions in the US. The country's major cable and satellite companies refuse to carry it — leaving it with US viewers only in Washington, DC and parts of Ohio and Vermont — despite huge public demand. By being denied the right to watch Al Jazeera, Americans are being kept in a bubble, sealed off from the images and narratives that inform the rest of the world. Consider the recent scandal surrounding atrocity photos taken by US soldiers in Afghanistan, which are now available on news outlets, including Al Jazeera, around the globe. In America, there have been brief summaries of the fact that Der Spiegel has run the story. But the images themselves — even redacted to shield the identities of the victims — have not penetrated the US media stream. And the images are so extraordinarily shocking that failing to show them — along with graphic images of the bombardment of children in Gaza, say, or exit interviews with survivors of Guantanamo — keeps Americans from understanding events that may be as traumatic to others as the trauma of the terrorist attacks of September 11, 2001. For example, the leading US media outlets, including the New York Times, have not seen fit to mention that one of the photos shows a US soldier holding the head of a dead Afghan civilian as though it were a hunting trophy. Not surprisingly, Wolf ignored the real reason why America's Obama-loving press chose not to show “Kill Team” images: it would make the current White House resident look bad. By contrast, the Bush-hating media had difficulties finding enough air and print space to report what was going on in Abu Ghraib during the Iraq war. But Wolf couldn't bring herself to make such an obvious conclusion and instead offered this truly preposterous one: Egyptians are in some ways now better informed than Americans…[Al Jazeera reporter Ayman Mohyeldin's] analysis of the Egyptian revolution, and others in the region, is that the kind of globalized media to which Americans do not have full access created the conditions in which people could rise up to claim democracy. He points out that, “People are aware of their rights from the internet, from satellite TV — people are watching movies and reading bloggers. This was a revolution of awareness, based on access to fast-traveling information. The farmers, the peasants in Tahrir Square, were aware of their rights.” I guess in Wolf's view, though she wrote her piece for a web-based American news organization, she thinks Americans don't have internet or satellite TV and don't watch movies or read blogs. But there's a far more delicious irony she badly missed as have most of the media in this country as they've marveled about the impact of the internet and social websites on uprisings in the Middle East: the same thing's happening right here in the United States. It's called the Tea Party, and its roots are equally tied to non-conventional sources of information broadly defined as new media. From there, regular Americans across the fruited plain became aware of their rights, and that an entire political Party was engaged in a systematic process to strip such rights and liberties from them. Despite the efforts by the Left and its old media minions to demonize and kill this uprising, it remade the Republican Party scoring an historic victory at the polls last November, and to this day is reshaping legislatures around the country particularly in Washington, D.C. Unlike Wolf, these folks don't want their Al Jazeera. They believe their country is filled with enough news organizations spreading anti-American propaganda. If that's what Wolf wants, she knows where to find it.

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Lenovo hoping to launch 23-inch tablet this year, your lap may never be the same

Dual 14-inch touchscreens not big enough? 21-inches of touch sensitivity still failing to sate your fingers’ need to roam wild and free? Maybe the 23-inch behemoth of a tablet that Lenovo is planning on unleashing this year will make those digits dance with delight. The plan is, apparently, to take one of the company’s Windows-powered all-in-one machines , delete the stand, put it on a crash diet, slap a big ‘ol battery on there, and then watch the eyes of pixel junkies around the world light up with glee. William Cai from Lenovo said “It’s obviously not for full mobility use, but it could be moved from room to room in the house… you could lay it on a table top and use it for family games.” Never mind that — with the addition of just a few legs this 23-inch slab could be a table. Lenovo hoping to launch 23-inch tablet this year, your lap may never be the same originally appeared on Engadget on Wed, 13 Apr 2011 08:57:00 EDT. Please see our terms for use of feeds . Permalink

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I Should Have Known It (Album Version)

Type: Digital Music Track Title: I Should Have Known It (Album Version) See all customer reviews See the details

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Gadgets

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Gadgets

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Shane Mosley

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Shane Mosley

Amazing Mayweather vs Pacquiao is off. WTF shane mosley, willie revillame-boy abunda news4v.wmv Pacquaio vs. Mosley on GMA Shane Mosley Plans to Overpower Manny Pacquiao, Fight Is Sold Out … Shane Mosley is planning to utilize “pure power” on May 7 against Manny Pacquiao. Shane Mosley Media Day In Big Bear, Calif. BIG BEAR, Calif. (April 12, 2011) – More than 50 members of the media spent several hours Tuesday at the high-altitude training camp of three-division world. Shane Mosley says hints that he's washed up – Boxing Replay Videos Reporting from Big Bear Lake — Boxer Shane Mosley , 39 and coming off two lethargic performances, stared into the video camera unblinkingly and said, “Don’t believe the garbage some of these writers are saying.” … Media Day With Sugar Shane Mosley In Big Bear More than 5o members of the media spent several hours in Big Bear Lake, California, on Tuesday, with Sugar Shane Mosley . A bus provided by Top Rank , Inc., transported… Shane Mosley says hints that he's washed up just don't wash … Mosley is 39 and has not looked good in his last two fights, against Floyd Mayweather Jr. and Sergio Mora. But he says any suggestion he’s too old to beat Manny Pacquiao is ‘garbage.’ Reporting from Big Bear Lake — Boxer Shane Mosley , … IloveMidztiu says: RT @sarah_meier : Photo: “Fillipino tao ibinigay sa akin ng lot’s of love ngayon. salamat” Tweet from Sugar Shane Mosley …. http://tumblr.com/x7r23n8yma

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Tombstone

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Tombstone

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