Financial topics

[aedens]

http://www.newsroomamerica.com/story/36 ... stors.html

[aedens]

CHICAGO (AP) — A one-time suburban Chicago official was convicted Monday of lying for decades about drawing water for residents from a well tainted by a cancer-causing chemical.

The only Crestwood official to go to trial in a scandal that shocked the region for the apparent callousness displayed by village officials stared down at the defense table and showed no emotion as a judge read the verdict.

But Theresa Neubauer, 55, struggled to keep her composure 15 minutes later as she spoke to reporters at the federal courthouse in Chicago.

http://news.yahoo.com/jury-convicts-ill ... 54870.html

[aedens]

http://www.hsgac.senate.gov//imo/media/ ... ?attempt=2

Bend over they lie on the notional amounts.

[aedens]

Energy Poverty we noted locally clearly deeper than I observed.
http://www.zerohedge.com/news/2013-04-2 ... nger-apply

[gerald]

CHICAGO (AP) — A one-time suburban Chicago official was convicted Monday of lying for decades about drawing water for residents from a well tainted by a cancer-causing chemical.

The only Crestwood official to go to trial in a scandal that shocked the region for the apparent callousness displayed by village officials stared down at the defense table and showed no emotion as a judge read the verdict.

But Theresa Neubauer, 55, struggled to keep her composure 15 minutes later as she spoke to reporters at the federal courthouse in Chicago.

Welcome, you can trust no one Independant test or die. But the new DC swamp tax will save you from yourself in managed exchanges...

http://news.yahoo.com/jury-convicts-ill ... 54870.html

This is a little illustration of humanity's problem.

From the above link ----

"Prosecutors say the decision to pump cheaper, polluted well water was an effort to score political points with voters in the suburb about 20 miles south of Chicago: They could boast about keeping water rates low in the 11,000-resident village. Officials saved nearly $400,000 annually, prosecutors said."

Why?

To put it another way it was politically expedient to save $36 per person per year to get reelected.

People can't handle the truth if there is a personal cost and, people will punish those who bring it out. Compounded this by the desire for personal aggrandisement etc. and you get the above.

And people wonder why things are so F'd up?

[aedens]

http://www.noarail.com/members2/d/2127- ... +Edges.jpg

https://www.youtube.com/watch?v=vxrf4ZzzrA8

[aedens]

Ouch: http://www.zerohedge.com/news/2013-04-3 ... ess-second
Debt serfs will save us all.

Or put another way, in 2009 there was $14 in revenue underneath every dollar in earnings in the S&P 500 vs. about $10 today.
Imagine all Muppets left to annihilate. https://www.youtube.com/watch?v=z66_AKHYaAA

[aedens]

http://www.zerohedge.com/news/2013-04-3 ... our-health
I cannot expect a flash crash but thats what the experts are for.
http://www.youtube.com/watch?v=QGZ5f1G1Ep0

[Higgenbotham]

https://www.ism-chicago.org/
https://www.ism-chicago.org/chapters/is ... -13-04.pdf

Of interest is the prices paid component of the Chicago PMI and their comment.

[aedens]

AAPL has bought its own debt today via Braeburn Capital (aka repatriated $17B of its offshore cash without actually paying any taxes).

Someone (Braeburn Capital?) was selling treasuries today (10-year yield mechanically spiked up from 1.638 to 1.679 within one hour in AM prior to the auction) to buy AAPL debt.

http://appleinsider.com/articles/13/03/ ... te-address