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"Grandma, what great loan modifications you have got!" "All the better to help you with, my child." Loan-mods are just subprime, predatory loans under a new name. When you’ve got someone who can barely afford their home, and you promise to reduce their payment in exchange for bigger payments down the road (you know, [...] Why? Because apps that you buy now at, say, the iPhone app store will soon be replaced by apps run by the mobile browser. That makes them device-independent too. Or so says Google, who obviously has a pony in this race with their Chrome OS and browser. They do have a point. While app stores [...] Basically, they’ve solved nothing and just drop-kicked the problems into the future. State employees will now have three “furlough days” which works out to a 15% pay rate. The state will also take money from local governments, promising to pay it back starting in 2013. Gosh, I’m sure state workers and local governments are just [...] Obama held an unprecedented 25 minute conference call today with progressive bloggers, asking their help in passing the health care bill. HuffPo In a roughly 25-minute session with a handful of prominent progressive bloggers, the president would also ask for help combating disinformation about his health care plan. “I know the blogs are best at [...] 2011 Mercedes Benz SLS AMG Topshot It’ll do 0-62 in 4 seconds. And, because it’s all electric, it has full power instantly from a standing stop. Very few sports cars will be able to out-accelerate it from a standing stop. No word yet on pricing or range on a single charge. [...] His cars run on ethanol and bio-diesel from waste sources. He gardens organically, spent $60,000 to offset carbon from plane flights, rides by train whenever possible, and cut household emissions by 9% last year It’s called setting a good example. Today, JP Morgan will have its first ever board meeting in DC and Rahm Emmanuel, Obama’s Chief of Staff, will be in attendance. Clusterstock says this sounds like the final chapter to Orwell’s Animal Farm. Update. Emmanuel is now saying he won’t attend because, y’know, it might give the appearance of a too cozy [...] Joe Bageant on race, class, and poverty in the US. There’s a bizarre conceit in the US that we are somehow classless. Bageant knows that’s not true, and wrote about it in Deer Hunting With Jesus, which explores his redneck roots and the small Virginia town he grew up in and where he moved [...] CleanTechnica tells us why rubber sidewalks preserve trees and reduce water runoff. Plus they are made from recycled tires and cut carbon emissions too. The Big Picture on Randall Forsyth’s piece in Barron’s about who is responsible for the current economic meltdown Note what Forsyth writes: Not that there are no villains, but that its hard to pick the worst of the bunch out of all the miscreants involved. Still, it seems he is nominating Greenie as the front [...] |  | ||||
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