Obama Apologizes To Art Teacher For Mocking Art-history Degrees

Reid (D-Nev.) has said he will not bring a fast-track bill to the floor. Without that power, Obamas push for approval of the TPP, which he hoped to complete last year, could be delayed significantly. White House officials said Obama would continue to emphasize the benefits of the Asian trade deal in his meetings with Mexican President Enrique Pena Nieto and Canadian Prime Minister Stephen Harper. I think when people have the ability to review what will be an agreement that is profoundly in our national interests, that well be confident that we can gain the support of members of Congress, said one senior administration official, who was not authorized to talk on the record before Obamas trip and so spoke on the condition of anonymity. But we understand that the onus is on us.
Source: http://www.washingtonpost.com/politics/as-obama-heads-to-meeting-with-canada-and-mexico-several-agenda-items-are-stalled/2014/02/18/4ca569ce-98bc-11e3-b931-0204122c514b_story.html

Where is my True Detective and Game of Thrones? Obama asked HBOs Richard Plepler, according to The New York Times. RELATED: WHAT DOES OBAMA WATCH? Melinda Sue Gordon/AP Kevin Spacey plays Congressman Frank Underwood in Netflix series ‘House of Cards,’ whose new season President Obama tweeted about Thursday. Obama has previously said he enjoyed shows including AMCs Breaking Bad and HBOs The Wire. Obama apparently wasnt kidding around with Plepler. The President, who wanted the shows for his three-day weekend at the Sunnylands estate in Southern California, waved over an aide to make sure the executive knew where to send the DVDs. Pool/Getty Images HBO CEO Richard Plepler, left, got some extra attention from President Obama at the Feb.
Source: http://www.nydailynews.com/news/politics/obama-seeks-game-thrones-dvd-holiday-article-1.1617755

Im just saying, you can make a really good living and have a great career without getting a four-year college education, as long as you get the skills and training that you need. Obamas backtracking didnt satisfy Ann Collins Johns, an art professor at the University of Texas at Austin, who fired off a letter through the White House Web site. Johns told the art website Hyperallergic that she wrote Obama to point out that her courses challenge students to think, read and write critically, as well as educate them about art history. Johns, who runs UTs program in Tuscany, was stunned to get a handwritten apology from the president himself on White House stationery. Ann let me apologize for my off-the-cuff remarks. I was making a point about the jobs market, not the value of art history, he wrote.
Source: http://nypost.com/2014/02/18/obama-apologizes-to-art-teacher-for-mocking-art-history-degrees/

She left after a report by the Office of Inspector General found that she was gone from Nassau 276 days and displayed dysfunctional leadership and mismanagement. Another bundler, Cynthia Stroum , sent by Obama to Luxembourg, resigned after a report exposed irregularities, including spending an inordinate amount of time renovating the ambassador’s residence and large purchases of alcohol. Obama comes in for particular criticism given that he promised to end the practice of appointing ambassadors with no background in foreign policy. The State Department is filled with potential nominees who have graduate degrees in foreign affairs, speak multiple languages, have served abroad and have deep expertise in the politics of various countries. The diplomats of other countries are usually professionals who know a region, its politics, culture and language. Take the Hungarian ambassador to the U.S., an economist who worked at the International Monetary Fund for 27 years. Compare that to Colleen Bell, Obamas nominee to Budapest.
Source: http://www.bloomberg.com/news/2014-02-18/obama-scrapes-barrel-s-bottom-for-ambassadors.html

Obama to take next step in fuel efficiency for trucks

_______________________ Quite so, and the side benefit would be more federal funding (and state and county if those rates also rise) for roads. Meanwhile though, remember during the late 1970s American manufacturers were say the maximum efficiency one could get fro a mid-sized car was about 20 mpg. Today, not only do mid-sized more information cars get around 35 mpg, the technology has raised the efficiency of even egregiously-powered modern muscle cars and sports cars to the mid 20s or higher. No one would have bet on 400-500 hp yielding 25mpg in the 70s. The point is, the government though the EPA created those regulations in partnership with industry- and we see the results today.
Source: http://politicalticker.blogs.cnn.com/2014/02/18/obama-to-take-next-step-in-fuel-efficiency-for-trucks/comment-page-6/


Forex Forecast: Dollar, Pound And Yen Crosses Await Heavy Fundamental Waves

11. Still, it was the 15th straight week in which speculators held net long positions in the greenback, reflecting a wider belief that the Fed will probably continue to wind back its extraordinary policy stimulus this year. Commodity currencies such as the Australian dollar were also in favour after Chinese lending data on Saturday suggested the world’s second-biggest economy may not be cooling as much as feared. Analysts, though, warned that the data could be distorted by the Lunar New Year holidays in January. China is the biggest export market for Australia and New Zealand. The Australian dollar hit a fresh one-month high of $0.9070 , before relinquishing a bit of ground to last stand at $0.9053.
Source: http://www.reuters.com/article/2014/02/17/markets-forex-idUSL3N0LM06N20140217

On the other hand, attempting to pick a top and taking a trade on the short side presupposes current momentum will unravel without any readily apparent evidence. As such, we will remain flat for the time being. Confirm your chart-based trade setups with the Technical Analyzer . New to FX?
Source: http://finance.yahoo.com/news/forex-gbp-usd-technical-analysis-010000340.html

Cable was likely to find support at 1.6643, Friday’s low and resistance at 1.7000. The pound has strengthened since the BoE raised its U.K. economic growth forecast for 2014 to 3.4% from 2.8% on Wednesday and indicated that it may raise interest rates next year. The bank updated its forward guidance on bank rates, saying it will not raise rates until the spare capacity in the U.K. economy has been fully absorbed, which it sees happening in 2015.
Source: http://www.moneycontrol.com/news/rupee/forex-poundsteadynear4-yearhighsagainstdollar_1044728.html

Forex Vs Other Markets

Through innovative technology and strategic partnerships, we endeavor to provide an unparalleled experience to our end-users. Our goal is to provide the latest forex news videos and data in a timely and dynamic fashion. Forex videos found on our site are gathered from forex brokers, independent currency analysts as well as the proprietary signature forex video broadcasts of ForexTV.com. Forex videos are also stored for playback at any time and are searchable in the forex video database. In addition, the currency videos can be shared and embedded into web pages and blogs for contextual reference. Latest ForexTV Video Pivot Point Calculator RISK DISCLAIMER: By using this web site you agree to its terms and conditions. http://www.etftradingsignals.com/
Source: http://www.forextv.com/forex-news-video/forex-forecast-dollar-pound-and-yen-crosses-await-heavy-fundamental-waves

Forex – Pound steady near 4-year highs against dollar

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Source: http://au.finance.yahoo.com/news/forex-vs-other-markets-200000075.html

Forex in the spotlight

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Source: http://www.ft.com/intl/cms/s/0/a296da48-9579-11e3-8371-00144feab7de.html


Interim Budget Key For Stock Markets In Near-term: Experts

Finance Minister P Chidambaram will present the interim budget on Monday ahead of the general elections due in the next three months. “The Vote-on-Account will be watched closely. Within that, markets will try to understand the contours of the fiscal deficit. Moreover, any indirect-tax benefit to any sector may have an impact,” said Dipen Shah, head of private client group research at Kotak Securities.
Source: http://profit.ndtv.com/news/market/article-interim-budget-key-for-stock-markets-in-near-term-experts-380757

1929 Stock Market Crash

So should you sell everything? Blame Wall Street, Not Hard Working Americans, for the Pension Funds Fiasco William S. Lerach | Posted 05.25.2011 | Politics From Depression to Public Inspiration Robert Kuttner | Posted 05.25.2011 | Politics Read Whole Story DK Matai | Posted 05.25.2011 | Business Read Whole Story DK Matai | Posted 05.25.2011 | Business Echoes of a Distant Crash Robert S. McElvaine | Posted 05.25.2011 | Politics Contingency Plans For Revised Edition of “A Happier History of America” by Rudy Giuliani David Quigg | Posted 05.25.2011 | Comedy “Black Tuesday” and “Happy Days Are Here Again” at 80 Robert S. McElvaine | Posted 05.25.2011 | Business Read More: Income Distribution, Labor Unions, Black Tuesday, Tax Rates, Happy Days Are Here Again, 1929 Stock Market Crash, Socialism, Capitalism, Free-Market Economics, Barack Obama, Recession, Great Depression, Financial Crisis, Wall Street Crisis Mccain, Business News In what must rank as one of the most ironic coincidences in history, “Happy Days Are Here Again” was recorded on the day that was to be called “Black Tuesday” and become synonymous with the with the onset of the Great Depression.
Source: http://www.huffingtonpost.com/news/1929-Stock-Market-Crash/

Chicago Fed Sees Risk From High-Speed Trading in Stock Market

Are record profit margins going to stay at or near all time highs? The answer to these questions can be different depending on whom you ask and how you view the market. Investors who subscribe to valuing the market with the CAPE ratio (Cyclically Adjusted Price Earnings Ratio) would tell you the S&P 500 is dangerously overvalued, while someone using P/E ratios, using trailing twelve months or forward earnings, would tell you the market is fairly valued to slightly overpriced. Profit margins tend to be at the mean reverting, but the Fed plans on holding rates low for several more years.
Source: http://seekingalpha.com/article/2022021-stock-market-outlook-2014-is-the-rally-over

Stock Market Outlook 2014: Is The Rally Over?

Third, there may be limits to arbitraging global mispricing. There is extensive evidence that investors bid up the prices of growth assets, to the point that their long-run return is below the performance of distressed assets (sometimes referred to as value investments). Some observers regard this as mispricing, and contend that it offers opportunities for arbitrageurs. The strategy would be to buy equities in distressed markets and to short-sell securities in fast-growing markets. However, short-selling can be costly and risky, thereby allowing ‘hot’ markets to remain overpriced, and to yield disappointing long-run returns.
Source: http://finance.yahoo.com/news/oddly-stock-market-returns-gdp-203439790.html

Oddly, Stock Market Returns And GDP Per Capita Are Inversely Correlated

In a document posted on the Chicago Fed website, senior policy adviser Carol Clark highlighted five questions for policy makers and http://www.todayhotstocks.com/ regulators to consider, including how to oversee trading thats spread across different asset classes around the world and whether rulemakers have adequate technology and systems in place to oversee markets. The factors that have contributed to the adoption of high-speed trading and affected market structure in recent years include competition, technology and regulation, Clark wrote. The unexpected ways in which these dynamic forces are coming together raise a number of important policy issues. The Fed is the latest voice to join the debate over whether the $22 trillion U.S. equity market is organized appropriately.
Source: http://www.bloomberg.com/news/2014-02-14/chicago-fed-sees-risk-from-high-speed-trading-in-stock-market.html