Feud between CNBC and The Daily Show continues to escalate

Wednesday, March 11, 2009

Jim Cramer, CNBC’s host of Mad Money, plans to appear on The Daily Show Thursday, in the midst of an escalating feud between Cramer and the Comedy Central show’s host, Jon Stewart.

Jim Cramer has been the only CNBC employee to publicly respond to Daily Show segments strongly criticizing the television business news channel’s financial coverage during the growing global recession, particularly focusing on specific remarks by made by Cramer.

The feud began on March 4, when The Daily Show aired an eight-minute clip lampooning CNBC. The comedy news show featured several clips of pundits, focusing particularly on predictions or reports by CNBC reporters that The Daily Show argued were overly optimistic or too strongly slanted in favor of the companies being discussed.

In one clip, a CNBC host reported Merrill Lynch said it would not need capital, which The Daily Show followed with a list of billions in bailout money the financial services firm has required since September. In another clip, Jim Cramer is shown allegedly affirming “Your money is safe in Bear Sterns”, followed by a Daily Show statement that the global investment bank went under six days later.

“If I’d only followed CNBC’s advice, I’d have a million dollars today,” Stewart said during the bit, “provided I’d started with a hundred million dollars.”

Although most CNBC reporters and executives declined to comment, Cramer defended himself in a column published Monday, claiming the clip was taken out of context. Cramer said he wasn’t talking about buying Bear Sterns stock, but simply reassuring a viewer that his liquidity held in Bear Sterns was safe.

“The absurdity astounds me,” Cramer said of the Daily Show bit. “The fact that I was right rankles me even more.”

Later that day, The Daily Show responded with another montage of clips, this time more specifically targeting Cramer.

“So Jim Cramer, I apologize,” Stewart said ironically, then promptly showcased video of Cramer suggesting the safety of Bear Stearns stock 5 days prior to the collapse of Bear Stearns on Mad Money’s Lighting Round. Provokingly, Jon Stewart then admitted, “He’s not saying literally ‘I’m asking you to buy Bear Stearns,’ for that you have to go back a full 7 weeks” this time showing video footage of Cramer on January 24, 2008, telling TheStreet.com TV viewers to specifically “buy Bear Stearns” stock 7 weeks before it collapsed.

The following day on March 10, Cramer responded again during a Tuesday appearance on the Today show, saying, “[Jon Stewart] is a comedian, and he’s decided to focus on some calls I made during a bull market. The guy is a comedian. Did I make a mistake? First of all, any time you recommend a stock and it goes down, you’ve made a mistake. Here’s a shocker: Almost every stock is down! Any stock you recommended is bad. You know, Warren Buffett, I could run tapes from him, he would look like a complete fool.”

The feud between The Daily Show and CNBC generated a significant amount of attention in the mainstream media. The Associated Press called the first Daily Show bit a “brutal takedown” of CNBC. Other publications, like New York magazine, defended CNBC, writing, “We doubt there’s a single news outlet that hasn’t made a misstatement regarding the economy in the past year.”

The Thursday Daily Show sketch ran the same day CNBC reporter Rick Santelli was scheduled to appear on the show, to discuss his vocal criticisms of President Barack Obama’s plans for dealing with foreclosures. Santelli cancelled the appearance, but Daily Show executives said the CNBC montage was not retaliatory and that they planned to show it before the cancellation was announced.

Getting A Design Plan For Building A Hovercraft That Works

Getting A Design Plan For Building A Hovercraft That Works by Rashel DanAero dynamics is the major principle behind a hovercraft. This is similar and can also be attributed to fluid mechanics in engineering. Although the hovercraft was designed to glide primarily in water, it behaves more like an aircraft vehicle. Its ability to function and operate fully relies so much on the air pressure simulated by its fan. This innovative engineering idea and application is what makes a plan for building a hovercraft works.There are many varied designs of this amphibious vehicle. Some of them can carry a greater mass of people or load and usually used for commercial purposes. Other are designed for singular loads. Most of them look weird and mysterious. And as mentioned above, even when they qualify as boats, a hovercraft behaves like aircrafts. If you have a plan for building a hovercraft, simply understand the principle.- A hovercraft’s lift depends on its overall size and weight. But if you’re designing a plan for building a hovercraft, your minimum cushion clearance should not be lesser than 6 inches. This means that when its maximum load is in place, the pressurized air below should be able to contain a lift of that much. This is the minimum because in cases when you need to glide in land, stones in the soil that can affect the smoothness of its glide.- Air-Pressurized Cushion – This is generated by a fanning system powerful enough to create the lift. In designing a plan for building a hovercraft, make sure that the pressure must be proportionately amendable to the weight of the hovercraft. If you hope to build to carry one person only, then use fans that exert the appropriate pressure required. The concept should follow that the total weight a hovercraft can lift is its bottom surface area multiplied by its cushion pressure. This should tell you the type of fans to use in relation to its horsepower.- The Hovercraft Skirting System – This is one part in your design plan for building a hovercraft that is unique on its own. Its purpose is to somewhat trap the air coming from the fan, allowing only a regulated release of air. This concept to manipulate air dynamics creates the cushion required to lift the hovercraft.- Thrust and air drag – Just like aircrafts and automobiles, your hovercraft should use its applied science on thrust and air drag too. A plan for building a hovercraft should include where to place the propellers for creating the thrust. Windshields or similar installations are required for air drag purposes. Like the fan used for air cushion, the horsepower for your propellers should determine how fast your hovercraft can go. And while at it, the air drag design is considered to reduce the air friction for a smoother sail. Some hovercrafts use one powerful fanning system to support both cushion and thrust.- The Steering System of the Hovercraft – Imagine how a horseback rider maneuvers a horse. This principle is similar to how the hovercraft is steered. In your plan for building a hovercraft, you need a system of rudders placed behind the propellers with handlebars to control it. Another method would be to allow weight displacement of your body. The latter can be tricky and requires a lot of practice to perfect your hovercraft gliding experience.Do you need to be Einstein to build a hovercraft? Learn how you can make your own with a simple plan for building a hovercraft. Article Source: eArticlesOnline.com

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Posted deadlines for Christmas delivery

Wednesday, December 21, 2005

In the United States of America and other parts of the word, as Christmas and the holidays draw near, shippers have released information on shipping deadlines. Remember to always clearly label and address your holiday packages.

Australia’s Old Parliament House becomes heritage listed

Wednesday, June 21, 2006

Australian Prime Minister John Howard announced on Tuesday that Old Parliament House in Canberra has been heritage listed. It is the 31st entry on the National Heritage List.

The listing acknowledges the role the building has in shaping Australia’s culture and protects it from being modified in any way which could affect its historic value.

Old Parliament House served as the home of Australia’s parliament from 1927 until 1988, when it was relocated to the present parliament house. From 1901-1927, parliament met in Melbourne in the Victorian Parliament House (the state parliament was relocated for 26 years). Before being known as Old Parliament House, the building was known as Provisional Parliament House – as it was intended to be used for 50 years before a permanent building could be built.

In the 61 years the building was used as the seat of parliament, the government changed only seven times, and several new political parties were formed (the Liberals, Anti-Communist Labor Party, and the Australian Democrats).

Mr Howard said the building played an important part in Australia’s political history. “Old Parliament House will always be an important part of our political history with its rich collection of original furniture, art and memorabilia helping to illustrate the story of Australia’s political customs and functions,” he said.

According to Mr Howard, the National Heritage List lists sites which have helped shape the country. “The National Heritage List contains places that have played an important role in the development of our nation, such as Captain Cook’s landing place in New South Wales, Port Arthur in Tasmania and the Australian War Memorial in Canberra,” said the Prime Minister.

The building currently houses Australia’s National Portrait Gallery, and serves as a venue for receptions and exhbitions.

State of emergency declared in New York over H1N1 swine flu virus

Thursday, October 29, 2009

According to US health officials, New York state governor David Paterson has declared a state of emergency in the state as a result of the H1N1 swine flu outbreak.

The Associated Press news agency reports that the six-page declaration was issued because at least 75 people have died of H1N1 related illnesses in New York since April. Three have died from H1N1 related illnesses just this past week. The declaration also says that human cases of the virus are on the rise.

Paterson says he issued the declaration because “a disaster has occurred throughout New York State, for which the affected local governments are unable to respond adequately.”

The declaration will allow health officials more access to the H1N1 vaccine and the seasonal flu shot. It will also allow for an increase in the number of vaccine doses available in the state and will allow more health care facilities to administer the vaccine, including dentists and pharmacists. Schools with health centers will also be allowed to administer both vaccines.

Despite the declaration, officials stressed that there is no reason to worry. A spokeswoman for the New York State Department of Health, Claire Pospisil, said that “it [the declaration] helps us to be more prepared.”

The order came shortly after US president Barack Obama declared a national emergency last Saturday, a response to the spreading of the virus, which has now been circulated in 46 states.

Prestige Tranquility Resale, Resale Project, Prestige Casabella Resale, Prestige Misty Water Resale}

Submitted by: Akanshatyagi Tyagi

Prestige Balladur is located to the South East of Bangalore city and is well-known all over the country for the presence of several high-end residential apartments. It is also famous for being home to the Lake, the largest lake in Bangalore. The passing through Balladur connects with KR Purim Further; the ITPL main road branching out from ORR connects this area with Whitefield. Leading technology parks are located within close proximity to Balladur such as the Technology Park which is about 14 kilometers away. The Technology Park consists of several leading IT companies like Texas Instrument, Magna soft Consulting India Ltd, Sonata Software, Mind Tree, Textron, Emphasis, Crompton Greaves, NTT Data and urea. The Technology Park is also located just 5 kilometers away from Balladur. Balladur enjoys fast and easy connectivity to all significant parts of the city. The ORR passing through this area connects it with both KR Purim and Whitefield. The popular Central Mall is also located at Junction. The nearest railway station to Balladur is the Krishna raja pram Railway Station in KR Purim located at a distance of about 12.5 kilometers. Balladur is also accessible by metro which is located at a distance of 17 kilometers. Balladur is especially popular among IT professionals due to easy connectivity with technology parks. This factor has led to increased construction of.

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Prestige several educational institutions are located in Balladur and some of the schools in this area are an E-Techno School, Little Millennium, New Horizon Gurukul, Public School and E Techno School. A number of reputed hospitals are also located in the area. These include Sacra World Hospital and The Eye Foundation, among others. An upcoming suburb of Bangalore, Balladur is developing at a very fast pace and has become a preferred choice among home buyers. Located within close proximity to the Technology Park, Technology Park and several other companies in the area, Balladur is fast emerging as an ideal place for professionals to live Balladur, Bangalore has observed real estate development in both commercial and residential space by all leading builders such as Group, Developers, Sere Properties and Samruddhi Group. Some of the key residential in properties are Prestige Jade Pavilion, Developers Marvell, Sere Properties Casa Grande, Wintergreen, Developers Sapphire and Sterling Ascent. The built up area of an apartment in Balladur varies from 1,062 sq. ft. to 5,500 sq. ft. with the average apartment price as low as Rs. 3,315 sq. ft. There are 84 ongoing projects in this area and about 38 are expected to get possession in 2014. In the coming years, tremendous property development is expected in Balladur resulting in more investments with higher returns.

Prestige Ivy Terraces – here is the most stylish presentation – contemporary & stylish green building placed near Marathahalli -Sarjapur Outer Ring Rd. Prestige Ivy Terraces modern green best apartments have a contemporary, chic look with distinctive facilities that work hand in hand with the surroundings. The concept of “Beautiful Green Nature” is wonderfully reflected at prestige ivy terraces with floor-to-ceiling windows. You can also enjoy here with world class amenities & rich landscaped gardens to enjoy outdoor experience & ecological benefits. Here imagine your lifestyle will fly you in extreme comfort with your contribution to Mother Earth.

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Google News seeks patent for search system that returns ‘quality’ links

Tuesday, May 10, 2005

Google News submitted patent applications both in the United States and world-wide in September 2003 for a system of ranking search returns. The patent protection filings seek to control Google’s approach that filters headlines through a complicated algorithm, including the quality of the news organization. How much of this system is currently in use by the search engine giant is unknown.

Primitive search engines are expected to organically evaluate links based on how closely the keywords typed in the search field match an object link, and how many other links are attached to the object. Then a measure of relevance is calculated before returning a reply.

It seems some measure of the work being done at Google is a reaction to search engine optimization (SEO) campaigns which can, if done effectively, skew results to certain domains. A challenge for Google is to develop its technology to nullify efforts on the dark side of SEO and link-spamming.

What also seems to be coming out from this, according to research from the Internet Search Engine Database, is that Google does indeed have a ‘sandbox’ where domains are evaluated first by a human factor before being released into its algorithms.

In its first ever Securities and Exchange Commission filing since the company went public last year, Google indicated that it intends to spend US$500 million on technology development, more than double the $177 million it spent two years ago.

The language used in the lengthy patent application itself is difficult to understand. An excellent article titled “Google United – Google Patent Examined” found below, describes some of the nuts and bolts of Google’s techniques.

Soft drink foes cheer victory, lament remaining junk foods in schools

Monday, May 8, 2006

Last week’s announcement that most soda manufacturers will stop selling their sugary products in U.S. schools did not mention that avoiding lawsuits was part of the motivation for the self-imposed ban. Some of those who threatened legal action to stop the soda sales are patting themselves on the back over the agreement, while lamenting that the deal did not go far enough, and now plan to press for more restrictions.

“Though there is room for improvement — sugary “sports” drinks still will be sold in schools, for instance — this voluntary agreement is certainly good enough that CSPI will drop its planned lawsuit against Coca-Cola, PepsiCo, Cadbury-Schweppes and their bottlers,” said Michael F. Jacobson, the executive director of the Center for Science in the Public Interest . “I hope this settlement contributes to the momentum that is building in Congress for legislation that would require USDA to update its standards for foods sold outside of school meals. That would enable USDA to eliminate the sale of candy, cookies, French fries, potato chips, and other snack foods, as well as sports drinks, that are standard fare in school vending machines and stores.”

In the wake of the announcement of the agreement by the three largest soft drink companies, their bottlers and the public health advocacy group, the Alliance for a Healthier Generation, Jacobson thanked his team of litigators for “negotiating effectively with the soft-drink industry over the past six months, and for demonstrating that the judicial system can play an important role in spurring public health advances.”

Richard Daynard, a law professor and president of the Public Health Advocacy Institute, which threatened the soft-drink industry with lawsuits, said in an institute press release, “The industry agreement with the Clinton Foundation and American Heart Association comes after sustained pressure from potential litigation and negotiations with public health groups and their lawyers. It is a credit to the role of litigation and the legal system as a component of effective public health strategy.”

“This agreement demonstrates the potential of public health litigation to help control the obesity epidemic,” he said.

In an email exchange with the James Logan Courier, Margo Wootan, director of Nutrition Policy for the Center for Science in the Public interest, said, “Last week’s announcement that soft drink companies will pull all sugary sodas from schools is great step toward improving school foods. This agreement is the culmination of the tremendous national momentum on improving school foods — from the local policies (in LA, NYC, Chicago, Philadelphia, DC, etc.), state bills (in 2005, 200 bills were introduced in 40 states to get soda and junk foods out of schools), the strong bipartisan bill pending in the U.S. Congress, and threats of litigation against soda companies.”

“While today’s agreement is a huge step forward, it is by no means the last step” wrote Wootan, ” We still have a lot of work to do to improve school foods.”

The agreement, announced Wednesday morning by the William J. Clinton Foundation, means that the nation’s biggest beverage distributors, and the American Beverage Association, will pull their soda products from vending machines and cafeterias in schools serving about 35 million students, according to the Alliance for a Healthier Generation, a joint initiative between the Clinton Foundation and the American Heart Association.

Under the agreement, high schools will still be able to purchase drinks such as diet and unsweetened teas, diet sodas, sports drinks, flavored water, seltzer and low-calorie sports drinks for resale to students.

The companies plan to stop soda sales at 75 percent of the nation’s public schools by the 2008-2009 school year, and at all schools in the following school year. The speed of the changes will depend in part on school districts’ willingness to change their contracts with the beverage distributors.

Some food activists criticized the deal for not going far enough and undermining efforts to go further.

Michele Simon, the director of the Center for Informed Food Choices, based in Oakland, Ca., called the deal “bogus” and a “PR stunt” by “Big Cola” in an effort to “sugar coat it’s image.”

“This announcement could potentially undermine ongoing grassroots efforts, state legislation, and other enforceable policies,” wrote Simon in an article at www.commondreams.org,” For example, in Massachusetts where a stronger bill is pending, a local advocate is worried about the adverse impact, since legislators could easily think that Clinton has taken care of the problem and ignore the bill. What was already an uphill battle—getting schools and legislatures to take this problem seriously—was just made worse, not better, by this bogus agreement.

“Even from a health standpoint, the deal is hardly impressive. Diet soda full of artificial sweeteners, sports drinks high in sugar, and other empty-calorie beverages with zero nutritional value are still allowed in high schools,” Simon wrote, “Also, parents concerned about soda advertising in schools will not be pleased with the agreement. Not a word is mentioned about the ubiquitous marketing children are subjected to daily in the form of branded score boards, school supplies, sports bags, and cups (just to name a few), which is required by exclusive Coke and Pepsi contracts. “

She’s not the only one criticizing the deal.“ While the initial details are promising, PHAI is concerned about some aspects of the agreement as it is being reported,” Daynard said in the press release. “The continual sale of “sports drinks” is a cause for concern. While they have a role for marathon runners and others engaged in sustained strenuous sports, for most students “sports drinks” are just another form of sugar water. Furthermore, the change in beverages offered must be carefully monitored and cannot depend entirely on the schools’ willingness and ability to alter existing contracts. Soda companies have spent decades pushing these unhealthy drinks on children and should bear the responsibility for their removal. PHAI is also concerned about the enforcement of this agreement and its silence on industry marketing activities in the school system,” he said.

“Importantly, the agreement doesn’t address the sale of chips, candy, snack cakes, ice cream, or any of the other high-fat, high-calorie, high-salt foods that are sold widely in schools,” said Wootan of the Center for Science in the Public Interest, “This is a voluntary agreement and is not enforceable, we need Senator Harkin’s school foods bill to lock in the beverage standards and give them the force of law.”

Even the diet drinks, which will still be offered, need to go, said Ross Getman, an attorney in Syracuse, NY. Getman has advocated that soda should not be sold in public schools and that long-term “pouring rights” agreements, which give a company exclusive access to sell their brands at a school, are illegal for a variety of reasons.

Getman, who contends that some diet sodas are contaminated with benzene, a cancer-causing chemical, said the soda “industry gets an “F” for incomplete” for “the industry’s failure to pull all soda from school and to recall products.”

Schools account for about $700 million in U.S. soft-drink sales, less than 1 percent total revenue for Coca-Cola, PepsiCo and Cadbury, the nation’s largest soda companies.

Ten of the largest U.S. school districts have already removed soft drinks from vending machines, according to Getman. States including California, Maine and Connecticut have also banned sugary sodas in schools.

Choosing Diamond Eengagement Rings In Colorado Springs

byAlma Abell

The diamond engagement ring is a standard expression of love and commitment. It can also seem to be a confusing mass of glittery options. If you are ready to tell the one you love you want to spend forever with them, but are a little overwhelmed with where to begin, here are some tips to get you started in your search for the perfect diamond engagement rings in Colorado Springs.

Know What she Wants

A surprise proposal is often as exciting as the ring itself. Unfortunately, this means choosing the ring will be entirely your responsibility. Do not just assume the biggest, shiniest option will suffice. Believe it or not, some women prefer smaller stones, or even multiple diamonds, rather than a single large solitaire. Look at the other jewelry she wears and use that as a guide for choosing the right setting.

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Metal Matters too

Yes, choosing a diamond seems like it should be enough, but it is not. You also have to have a beautiful band to hold that gem. Many people believe gold is best because it is often the traditional choice, but platinum is overselling gold in engagement rings today. It is more expensive, but it is also more durable, and will not imbue a yellowish hue onto the diamond in the way gold often can.

Know the Terms

When discussing diamonds, you will often hear people mention the “four C’s.” This refers to the carat, cut, clarity and color of the ring.

* The carat will be determined by weight, not size of the stone.

* The most desired diamonds are those which have a color rating of D. This means the gem is a rare and expensive colorless stone. The ratings will go up alphabetically in the amount of color, so stay as close to a “D” as you can afford.

* The clarity refers to any imperfections the diamond may have internally. The fewer imperfections, the better its clarity and the more sparkly it will be.

* Cut is obviously the style and shape of the diamond itself.

Buying diamond engagement rings in Colorado Springs is nerve wracking, but it can be made much easier if you shop with a jeweler who will lead you through the process. Take the time to pick out the perfect ring, because what you present to her when you propose will often be seen as a reflection of your feelings for her.

Ontario Votes 2007: Interview with Green Party candidate Brett McKenzie, London North Centre

Saturday, October 6, 2007

Brett McKenzie is running for the Green Party of Ontario in the Ontario provincial election, in the London North Centre riding. Wikinews’ Nick Moreau interviewed him regarding his values, his experience, and his campaign.

Stay tuned for further interviews; every candidate from every party is eligible, and will be contacted. Expect interviews from Liberals, Progressive Conservatives, New Democratic Party members, Ontario Greens, as well as members from the Family Coalition, Freedom, Communist, Libertarian, and Confederation of Regions parties, as well as independents.