A judicial ethics opinion from Kentucky gives a “qualified” endorsement of judges friending on facebook:In conclusion, even a cursory reading of this opinion should make clear that the aCommittee struggled with this issue, and whether the answer should be a…

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Permissible But With Extreme Caution

Indian – Economy A bounce back in manufacturing and recuperating farm output has driven India’s quarterly economic growth to 8.6 percent, the best in two years as Asia’s third-largest economy returns to pre-crisis levels of expansion. …

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The Indian Economy Foresees 'Sturdy Growth' | TopNews New Zealand

Today the European Commission announced that they are allowing the government’s new guarantee scheme, the Eligible Liability Guarantee, to be extended from including securities issued before June 1 (i.e. tomorrow) to securities issued up to the end of June. Now the fact that the Commission had only allowed the scheme to cover bonds issued before June 1 seems pretty clear from this press release announcing its original approval on November 20 last year

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European Commission Extends ELG Scheme

According to Richard Wiggins who writes in Barron’s that gold “is a soft, semi-useless metal with very few industrial applications,” and “Ultimately, this gold bubble ends in tears.” “A vital observation of the fun-starved Austrian school of economics is that investors err together, so unanimity of opinion is a danger sign,” writes Wiggins, who is chief investment strategist for First Michigan Bank, a private bank that is purchasing failed banks from the FDIC. Join the discussion and post a comment Related posts: It’s good to be the FDIC It’s Friday, which means another bank closure Grantham “Guarantees” that Gold Will Crash

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Gold is just another fiat currency?

The ECB released the twice yearly Finanical Stability Review report today. Here are couple of articles about the report: From the Financial Times: ECB warns of ‘hazardous contagion’ The eurozone’s financial sector and economy are facing “hazardous contagion” effects from the region’s debt crisis, according to the European Central Bank …

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ECB reports on financial stability, warns of "contagion"

Hawaii is going to ban “the sale, possession and distribution of” shark fins: Shark conservation groups are celebrating a small but important triumph after Hawaii on Friday became the first state in the nation to ban the sale, possession and distribution of shark fins. Gov. Linda Lingle signed into law a bill that will halt the import of shark fins, which are valued as the primary ingredient in soup sold mostly in Asian communities and markets

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From Seal Products to Shark Fins

“The only weapon my son had was his video camera,” said the Cristina Soler, mother of David Segarra, a Spanish Telesur journalist and resident of Venezuela, who was detained early this morning by Israeli marines as they attacked the fleet of aid ships heading towards the Gaza Strip in Palestine. The Venezuelan government also officially condemned the attack, calling it an “action of war against unarmed civilians”

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Venezuela Condemns Israeli Aid Ship Attack, Telesur Journalist Detained

Just continuing a theme … From Eddie Baeb at Crain’s Chicago Business: Nearly vacant condo tower goes back to lender The 35-story Lexington Park, near Michigan Avenue and Cermak Road, was surrendered last week by its Irish developer through a deed-in-lieu of foreclosure.

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Chicago: Shadow Condo Inventory

In response to recent concerns over high-risk private offerings such as Medical Capital and Provident Royalties, the Financial Industry Regulatory Authority (FINRA) has issued a Notice to Members (NTM-10-22) that reminds brokerage firms of their obligations to investigate private placements before allowing their representatives to sell those investment products. However, FINRA only regulates registered broker-dealers, and many such offerings are recommended or sold by financial advisory firms that are not FINRA-registered

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Problems Involving Private Offerings Escalate

Indian economy witnessed significant growth both in January-March quarter of 2010 and April 1 2009 to March 31 2010 Fiscal year (fiscal year in India is counted from 1 April). For the January-March 2010, the growth was 8.6% which was …

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Indian Economy Witnessed Impressive Growth both in Quarter and …

On Saturday, Venezuelan President Hugo Chavez and Portuguese Prime Minister Jose Socrates signed 19 agreements between their two countries, including the construction of 12,512 houses by the Portuguese company Lena and three factories of premade housing materials, as well as other agreements to strengthen Venezuela’s national production.

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Portugal Agreements Strengthen Venezuelan National Development

By Claus Vistesen: Copenhagen With Edward busy mingling with the economic elite and literally saving Spain one step at the time I thought that it would be time for some random shots here at GEM.

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Random Shots on Global Monetary Policy, Martin Wolf and Small Business Lending

We are sure you already have experience in writing thesis statements . And, probably, you think you know everything about writing a thesis statement

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Writing a Thesis Statement: How to Ensure You Are on the Right Way

Louis Menand of Harvard University talks with EconTalk host Russ Roberts about the state of psychiatry.

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Menand on Psychiatry

On this Memorial Day, Analytix Solutions pays tribute to all the soldiers who have laid down their life for our country. Here’s saluting all our war heroes for their selflessne ss, bravery and sacrifice.

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Happy Memorial Day 2010

A few weeks ago I posted a link to a presentation put together by Spiegel Online showing the maturity profile of the debt of Ireland and other European sovereigns with high deficits. The exact nature of the calculations for Ireland were questioned at the time in the comments.

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Spiegel Online Calculations of Irish Debt

‘Sell in May and go away’ seemed a good tactic to the blog at the beginning of the month. It worried that we might now be approaching the ‘drawn-out fundamental downtrend’ phase of the current cycle. And in spite of several major ‘relief’ and ‘short-covering’ rallies, financial markets have continued to suffer.

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Dow Jones Index has worst May since 1940

The top 5 tips weekly post is always full of hints and tips for small, home & micro business owners. 1. Be there as much as possible.  Even if you have brilliant staff, standards will inevitably start to slip if you are not around to keep an eye on things

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Top 5 Tips for Hands-On Leadership

If you’re a member, you receive this in your email every Thursday night or Friday morning – we keep you posted on community happenings, Midland Hispanic Chamber events with great focus on SMALL BUSINESS! The Midland Hispanic Chamber of Commerce  (MHCC) E-News is a weekly news update from the MHCC and MHCC members of happenings within the chamber and at member businesses and organizations.  We are proud to weekly be able to share the great news and happenings of our chamber members! Download your copy of this week’s E-News here:  E-News 05.28.10

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Download Newest Edition of MHCC eNews

Quality, fuel economy and pricing are the three key factors that would persuade a buyer to abandon brand loyalty and embrace a competitor, according to a new study by US consumer advice website Consumer Reports. …

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Quality and economy the keys to brand loyalty | Car Advice | News …

Story at Blazing Cat Fur , because he’s the cameraman. (H/T The Other McCain via ECM ) Blazing Cat Fur writes: Ali Mallah a notorious Canadian Union of Public Employees (CUPE) Union Thug Assaults intrepid blogger Blazingcatfur! Mallah, who is also a Vice President of the virulently anti-semitic Canadian Arab Federation , is well known for his anti-Israel derangement and is shown in the video as he attempts to prevent Blazing from filming an anti-Netanyahu protest sponsored by the Leftist Islamofascist alliance in Toronto. The thugs were there to protest Netanyahu’s appearance at the annual Walk with Israel event.

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Anti-Israel union thug assaults Blazing Cat Fur ON CAMERA

An OfficePOD provides a working environment that is separate to home life. The hassle free OfficePOD service deals with everything from site survey and installation through to customer services and POD relocation in the case of moving house or employer. The OfficePOD is 2.1m x 2.1m space to create a self contained office that exceeds all standard office accommodation regulations & requirements.

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OfficePod – perfect solution for the entrepenuers back yard?

Shane Coleman of the Sunday Tribune reckons that It was extraordinary to hear commentators’ reaction to the spat between UCD’s Morgan Kelly and the Department of Finance. The latter was roundly criticised in some quarters for having the audacity to put up a strong opposing case to Kelly’s thesis that it was a matter of when, and not if, Ireland went bust.

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Department of Finance’s Strong Responses?

Story here from the UK Daily Mail . Excerpt: Treasury Chief Secretary David Laws was fighting to avoid becoming the coalition Government’s first casualty tonight after it was revealed that he funnelled £40,000 of taxpayers’ money to his secret gay lover.

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Liberal Democrat Treasury Secretary paid 68K of taxpayer money to gay lover

There has been some debate on this website and elsewhere about the calculations underlying Morgan Kelly’s recent Irish Times article . Morgan has kindly agreed to provide a spreadsheet illustrating his calculations. You can find the spreadsheet here .

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Morgan Kelly’s Bank Loss Calculations