Monday, December 13, 2010

No need for more stimulus

According to the New York Times, a poll revealed that most executives in the U.S think there is no need for more stimulus to boost the economy. Most of them are also concerned about the fact that if theFed purchases $600 billion in additional debt will produce inflation and risks that will outweigh its benefits.

"AFP members indicate that they have moderate expectations about business growth in the coming year, but they are tempering their optimism due to concerns about corporate taxes and, indeed, business sentiment in Washington."

So even though executives do not feel so confident about the economy they would rather just wait and see what is going to happen.

Bombs in Sweden could have been more devastating

According to an article by  New York Times, one of the two bombs that exploded two days ago in downtown Stockholm, went off prematurely, which shows the attack could have been worse. The bomber has been identified as Taimour al-Abdaly, a 28-year-old Sunni Muslim whose family moved to Sweden from Baghdad in 1992.

Even though no civilians were killed, it is very disturbing to see how terrorism is spreading all over the world.
In the last year I've heard about so many bombings, or failed attempts it that it made me realize how tragic it is to know that inocent people die all the time in the hands of savages that trying fix things to their convenience make things 10 times worse.

Health Care Law Uncostitutional in Virgina

 A judge in Virginia ruled today that Obama's health care law is uncostitutional, according to an article by the NewYork Times. This is the first time a court in the U.S invalidates any part of the act.
Hudson wrote that the law’s central requirement that most Americans obtain health insurance exceeds the regulatory authority granted to Congress under the Commerce Clause of the Constitution.
 I think it is o.k for people to agree or disagree on this because we can all express our opinions. However I think it is kind of alarming to see a judge trying to invalidate an act that is mostly positive for the country, because some other judges around the country may want to the the same thing and make things more complicated for the government and the people. I think this won't have an important effect on Obama's health care law but I see it more like the judge is trying to make a statement about his oppositon.

Friday, November 19, 2010

Alcoholic Energy Drink Warning Issued

The New York Times published an article about how the F.D.A told 4 manufacturers of caffeinated alcoholic beverages that they have 15 days to stop adding caffeine to the drinks or stop selling. The companies have been on the spotlight for the last couple months for selling this type of drinks that have been proven to be a potential threat to the consumer because the caffeine masked the effects of the alcohol, leading to “a state of wide-awake drunk.” 


A few states have already banned this drinks and now the F.D.A took action. I think it is good that they try to make their job but I believe it doesn't really make sense that they do this because people can always prepare their own caffeinated alcoholic drinks. (ex: red bull+vodka,etc) and in the end people are supposed to take responsibility for what they drink.

Controversial Pat-Downs

According to the New York Times travelers around the country are complaining about the security measures taken by the TSA. Apparently the pat downs are more aggressive and has caused outrage among thousands of travelers.
“I didn’t really expect her to touch my vagina through my pants” said Kaya McLaren, an elementary schoolteacher from Cle Elum, Wash.
I understand that authorities must do their job but that doesn't give them the right to make people feel uncomfortable.
 

Thursday, October 28, 2010

Pre-spill tests showed concrete flaw

According to an article by BBC, there is proof that shows BP lied about test results that should have raised doubts about its strength before the tragedy occurred.  This is really bad because it shows the company didn't really want to take the time to fix things, which led to this environmental disaster. Companies need to be aware of their actions because they never know when things can get out of control.

Nissan Recalling Cars in the U.S.

http://news.bbcimg.co.uk/media/images/49685000/jpg/_49685287_nissanbadge.jpgAccording to this article by the New York Times, Nissan is recalling 747 000 cars in the U.S and about a million in some other countries including Japan, Canada, etc.Apparently there is an ignition problem in several Nissan models built between 2004 and 2006.There had been no reports of accidents caused by the fault, but they have told owners to take their vehicle to a dealer for checks.

Indonesia welcomes aid shipments

According to this article by BBC, Indonesian tsunami zone welcomes aid shipments. A 7.7-magnitude undersea earthquake triggered the tsunami three days ago. Hundreds are missing and at least 340 people died. Indonesia is also struggling with the devastation caused by the eruption of Mt. Merapi, which 


 Indonesia also struggles with the devastation caused by this week's eruption of Mount Merapi in central Java, this has probably complicated things for authorities because they have to help the people affected by both disasters.


The relief effort was limited, said Hartje Robert Winerungan, a spokesman for the National Disaster Management Agency, as helicopters and aid ships were taking hours to reach affected areas.
"Some villages in the remote island can't be reached so far," said Mr Winerungan. "We're working on it.'

Friday, October 15, 2010

MENTAL HEALTH BREAK!!!!

http://www.youtube.com/watch?v=ZmP4z4CIkCQ

Chilean Miners

As we all know the 33 Chilean miners that were trapped for 2 months, were finally rescued day before yesterday. According to an article by CNN all of them will be out of the hospital by Sunday.
"Today, Chile is a country much stronger and more united, and a country much more respected in the world"
I believe this is a great example for many nations in a way because the Chilean authorities and people from many other countries that specialize in mining, helped to bring them back alive.
Chilean miners rescue

Space Tourism

According to this article by CNN hundreds of travelers have signed up and trained to be among the first paying passengers aboard Virgin Gallactic's trips to suborbital space -- 62 miles above the Earth. I think this is really cool because it shows that we are going outside the boundaries and I honestly never thought traveling  this way would be possible. Even though the price ranges from $100 000 to $ 200 000 per ticket I  think it is a big step and perhaps prices will go down eventually as more companies start doing it and the clientele grows.
"I remember thinking how strange it was that after man had conquered the moon, we appeared to have given up afterwards," said King, who built and sold his Clockworks International software company during the booming 1990s. "I think a lot of people imagined there would have been more progress in terms of space flight."

Let's catch up!!!!

According to this article by the New York Times Silicon Valley's solar innovators like Solyndra, Nanosolar and MiaSolé dreamed of transforming the economics of solar power by reinventing the technology used to make solar panels and deeply cutting the cost of production. Billions of dollars have been invested in an attempt to make these companies the Apples and Intels of solar global industry. However, they have found out that the economics of the industry have already been transformed, by the Chinese.  As a result, California companies are struggling to survive.
“The solar market has changed so much it’s almost enough to make you want to cry,” said Joseph Laia, chief executive of MiaSolé. “We have spent a lot more time and energy focusing on costs a year or two before we thought we had to.”
This is a big wake up call, it shows that our society really needs to change to be able to stay ahead. Solar power is just one of the many areas where the U.S is loosing the battle against other nations such as China and India. We need a turning point.

Mortgage Disaster

According to an article by the New York Times the mortgage mess is going to cost big banks billions of dollars. The problem is nobody knows exactly how much money they are going to lose. This is causing great uncertainty for everyone, which led investors to get out their calculators to tally the potential costs — and sent bank stocks plunging.
“The market never likes uncertainty, and it seems like every day we’re adding to the list of things we need to worry about with the financials,” said Jason Goldberg, an analyst. “The industry needs to work quickly to put this issue behind them.”
It is sad to see how nobody thought, or nobody cared about the consequences that the irresponsible way banks lent money. Now all we can do is hope that things won't get worse and learn from this mistakes to avoid this in the future

Thursday, October 14, 2010

The Quiz

The following are your scores. They are based on a gradual range of 0 to 12. For instance, a Conservative/Progressive score of 3 and 0 will both yield a result of social conservative, yet 0 would be an extreme conservative and 3 a moderate conservative

Conservative/Progressive score: 3
You are a social conservative. You believe in traditional values, and care first and foremost about your country, your family, and your religion. You dislike the agenda of the left because you see them as trying to destroy these things.

Capitalist Purist/Social Capitalist score: 11
You're a Social Capitalist, you think that, left to its own, Capitalism leaves a lot of people behind. You think that Health Care should be free to all, that the minimum wage should be raised, and that the government should provide jobs to all that are capable of having them. You likely hated the Bush tax cuts, and believe that the middle class has gotten poorer, and the rich have gotten richer over the past several years. The far extreme of social capitalism is socialism.

Libertarian/Authoritarian score: 4
You're a Moderate. You think that we all have certain inalienable rights that must be protected, but that sometimes laws need to be made to protect the majority's lives or quality of lives. You might think that the 2nd amendment isn't necessary anymore because letting everyone a gun is extremely dangerous to the community. You might also be against illegal drug use or public pornography because of its possible harmful effects to society.

Pacifist/Militarist score: 1
You're a Pacifist. You are angered that the United States thinks it should dominate the world through its military force. You think that the only time war is necessary is when we are in direct danger of being attacked. You also believe the US spends way too much of its money on defense, as we can practically cut it in half and still easily defend ourselves, and use that money to fix all our economic problems.


Overall, you would most likely fit into the category of Democrat

Friday, September 24, 2010

Healthcare relief for many

A bottle of the controversial diabetes drug Avandia.According to the New York Times, the new healthcare law that was signed 6 months ago and that is now in use , is expected to bring hope to thousands of Americans who were excluded because of preexisting conditions. The White House said this will enable 72,000 uninsured to gain coverage and insurers also will be prohibited from imposing lifetime limits on benefits or drop customers it requires that they offer coverage to children under 26 on their parents’ policies.

“The amount of vulnerability that was out there was horrendous,” Mr. Obama on Wednesday told a gathering of people chosen to illustrate the law’s new provisions. He said he concluded that “we’ve just got to give people some basic peace of mind.”
I think this is really important because now people will not have to deal with that kind of
issues that much. Everyone is supposed to get healthcare whenever they need it. It is disturbing to see how the U.S is one of the most powerful countries in many ways but in other aspects such as healthcare we are behind compared to many other countries around the world.

Thursday, September 23, 2010

World’s coral reefs in danger

According to this New York Times article many coral reefs around the world are in danger because this year’s extreme heat is putting the world’s coral reefs under such severe stress that scientists fear widespread die-offs, endangering not only the richest ecosystems in the ocean but also fisheries that feed millions of people. 
Scientists are holding out hope that this year will not be as bad, over all, as 1998, the hottest year in the historical record, when an estimated 16 percent of the world’s shallow-water reefs died. But in some places, including Thailand, the situation is looking worse than in 1998.
It is pretty clear that we need to decrease pollution to stop climate change because the destruction of coral reefs affects the whole ecosystem and our lives.

Discrimination at Work


It is sad to see that some people are victims of discrimination in the 21st century. According to this New York Times article there is a record number of Muslim workers complaining about employment discrimination. I think this is cruel and inhuman because these people are just trying to make a living without harming anyone and all they get is prejudice. This article also mentions:
Such complaints were increasing even before frictions erupted over the planned Islamic center in Lower Manhattan
This shows that the increase discrimination has gotten worse not only because of the planned Islamic center in NYC but also because people feel hate towards this people after 9/11. I really think we need to think twice before discriminating innocent people because we would not like to be in that situation.

Friday, September 10, 2010

Most Americans object to Mosque near Ground Zero

According to this article by the Washington Post, most Americans are agains the creation of the Islamic center near to Ground Zero.
Two-thirds of those polled object to the prospective Cordoba House complex near the site of the former twin towers, including a slim majority who express strongly negative views. Eighty-two percent of those who oppose the construction say it's because of the location, although 14 percent (9 percent of all Americans) say they would oppose such building anywhere in the country.
I understand that 9/11 was a tragedy, but is it necessary to punish the Muslim world for something they did not have control of? We must understand that if one is a Muslim does not mean one is a terrorist. I believe it is unfair that people reject Muslims this way because it seems to me like we are forgetting they have the same rights as any other American citizen.

Friday, September 3, 2010

Crowded World


This is an excerpt from "Hot, Flat and Crowded" :
So if you think the world feels crowded now, just wait a few decades. In 1800, London was the largest city in the world with 1 million people. By 1960, there were 111 cities with more than 1 million people. By 1995 there were 280,and today there are over 300. The number of megacities in the world has climbed from 5 in 1975 to 14 in 1995 and is expected to reach 26 by 2015, according to the UN. Needless to say,  these exploding populations are rapidly overwhelming infrastructure in this megacities, 19 million people in Mumbai alone, as well as driving loss of arable land, deforestation, overfishing, water shortages, and pollution.
This is very alarming considering that the population increase is supposed to take place mostly in poor countries which means there will be more people starving, diseases and probably war/conflicts.  Overpopulation is definitely not easy to deal with for any government, but at least we can try to keep the world in "good shape" so that when the future generations can have a decent life,etc.

Green Energy

Thomas L. Friedman compares Denmark's and the United States' oil dependence in his book "Hot, Flat and Crowded":
"We decided we had to become less dependent on oil," Connie Hedegaard, Denmark's minister for climate and energy, explained to me. "We had a huge debate on nuclear, but in 1985 we decided against it. We decided to go instead for energy efficiency and renewable energy. We decided to use taxation, so energy was made relatively expensive and [therefore] people had an incentive to save and do things in their homes to make them more efficient... It was a result of political will."
"In 1973 we got 99 percent of our energy from the Middle East," said Hedegaard. "Today it is zero." I know: Denmark's a small country and it is a lot easier to make change there than across a huge economy like ours. Nevertheless, it's hard to look at Denmark and not see the road not taken.
 Here we can see how some countries like Denmark have the initiative to at least try to become less dependent on oil by using other resources and taxing CO2 producers, leading to a decrease in CO2 emissions. I was also very surprised when I read about how Denmark handled to keep flat the energy consumption after 1981 and the economy has grown 70% since then. This shows that we don't really need the "fuels from hell" to be a succesful country. I think it is kind of ridiculous that with all the technology we have nowadays we haven't find a way to stop using fossil fuels for good. I just hope that day comes soon.










Thursday, September 2, 2010

Subprime Nation

In the book "Hot,Flat and Crowded" by Thomas L. Friedman, he has some interesting insights about the housing crisis in the U.S :
"In some ways, the subprime mortgage mess and  housing crisis are metaphors for what has come over America in recent years: A certain connection between hard work, achievement, and accountability has been broken. We've become a subprime nation that thinks it can borrow its way to prosperity; putting nothing down and making no payments for two years. Subprime lenders told us that we could have the American dream; a home of our own without the discipline or sacrifice that homeownership requires." 
This really struck me because it made me realize that people really thought they could have whatever they wanted without thinking that something could actually go wrong. Some people with the intention of making a profit ended up losing everything, I think this was their fault for not being aware of what they were doing, and the banks should have known that it was just a matter of time before everything collapsed. This shows that the American dream is not a matter of having everything you want even if you cannot afford it, because you will have to pay off eventually. The American dream is about having what you want because you have worked to be able to attain it and therefore you deserve it.

        


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