Sunday, April 7, 2013

Gang member arrested in corrections killing probe

DENVER (AP) ? A white supremacist prison gang member was arrested and another was still being sought for questioning Friday in the death of Colorado's prisons chief as authorities investigated whether the gang had any ties to the killing.

James Lohr, who has the words "Hard" and "Luck" tattooed where his eyebrows would be, was taken into custody early Friday in Colorado Springs. He was wanted for questioning in the slaying of Department of Corrections Director Tom Clements.

Authorities believe Lohr was in contact with gang associate Evan Ebel days before the killings of Clements and pizza delivery man Nate Leon. Police said they believe Ebel killed Leon and Clements less than a week before he died in a Texas shootout, but the motive is unclear.

Clements was shot to death March 19 in Monument, just north of Colorado Springs. Leon was killed two days earlier. His body was found in the Denver suburb of Golden.

Colorado Springs police arrested Lohr after a short foot chase that started when officers tried to stop the car he was driving, according to a statement. Lohr was booked on felony evading charges and also was held on three outstanding arrest warrants unrelated to the Clements case. He is scheduled to appear in court Monday.

Investigators said surveillance video from a business showed a firearm being thrown from Lohr's vehicle before his arrest. Two men are then shown spotting the gun and later returning to take it. Investigators said the men aren't in trouble, but investigators want to find them so the gun can be taken into evidence.

Authorities issued an alert Wednesday asking other law enforcement agencies to be on the lookout for Lohr and Thomas Guolee, both of Colorado Springs, who were identified as 211 Crew members. Ebel was a member of the same gang.

Lohr, 47, and Guolee, 31, are not being called suspects in Clements' death, but their names surfaced during the investigation, El Paso County sheriff's spokesman Jeff Kramer said. Both were wanted on warrants unrelated to the Clements investigation.

Kramer has said it was possible that one or both of the men were headed to Nevada or Texas.

Guolee's mother, Deborah Eck, told The Denver Post that Guolee called her husband a week and a half ago to ask for a ride to the police station so he could turn himself in for what she believed was a parole violation. But she said they never heard back from him.

Police came to her house Wednesday looking for Guolee.

"One cop said if he would have turned himself in for violation of probation, he probably wouldn't be in the situation he was now," Eck told the newspaper.

Lohr has been wanted in Las Animas County in southeastern Colorado. He was arrested for violating a protection order in Trinidad on Dec. 1, 2012, after police found that he'd been drinking with friends at a tattoo shop. According to court documents, drinking was a violation of a protective order against him, and he was arrested. Lohr then failed to appear in court in that case Feb. 20, and a warrant was issued for his arrest.

Lohr has a shaved head in his booking photo. In addition to the words on his eyebrows, he has a shamrock ? a tattoo favored by some 211 Crew members ? near his right eye.

Lohr has a criminal record going back to 1992. In 1996, after he pleaded guilty to burglarizing a home, court records show he was ordered to have no contact with his estranged wife after she told police he repeatedly broke into her home and stole items to pawn.

In 2006, Lohr was charged with burglary with a weapon and assault causing serious bodily injury. Court records show those charged were dismissed because of a lack of evidence.

Court records show Guolee was arrested in 2001 after a member of the Crips gang told Colorado Springs police he was jumped by Guolee and another gang member because they believed he was a member of a rival gang. The witness told police Guolee and the other gang member punched and kicked him in the face and left him bleeding.

In 2007, Guolee was charged with assault and intimidating a witness while in the El Paso County jail after an inmate said he was assaulted by three men, including Guolee, because they thought he was going to testify against a suspect in another case. Authorities said the man was beaten so badly he could have been permanently disfigured.

The complete court records were not immediately available, so the outcome of some of those cases was unclear. Authorities also have not released the subject of Guolee's warrant.

On Thursday, Gov. John Hickenlooper announced a sweeping review of Colorado's prison and parole operations, as more evidence piled up showing how Ebel slipped through the cracks in the criminal justice system to become a suspect in Clements' death.

Ebel was released from prison four years early due to a clerical error and violated his parole terms five days before the prisons chief was killed.

Officials said the state will audit inmates' legal cases to ensure they are serving the correct amount of time. They'll ask the National Institute of Corrections to review the state's parole system, which is struggling under large caseloads.

Colorado lawmakers also are considering spending nearly $500,000 to hire more parole officers because of what happened with Ebel.

Ebel was killed in a shootout with Texas authorities March 21. Investigators have said the gun he used in the shootout also was used to kill Clements when the prisons chief answered the front door of his home.

Ebel has been the only suspect named in Clements' death. Investigators have said they're looking into the gang he joined in prison and whether it was connected to the attack, among other possible motives.

Source: http://news.yahoo.com/gang-member-arrested-corrections-killing-probe-022239478.html

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5 Strange Cultural Facts About North Korea

Tensions are rising between North Korea and the rest of the world, as the notoriously secretive nation reportedly prepares medium-range missiles for launch.

South Korean news agency Yonhap reported last week that North Korea has loaded the two missiles onto mobile launchers; in response, South Korea sent destroyers to its northern neighbor's coast. The North Korean government also says it plans to restart a major nuclear reactor it shut down as part of an international deal five years ago. And leader Kim Jong-un ordered rockets readied to strike U.S. military bases in the Pacific, not to mention the U.S. mainland. (It's not clear that North Korea's missiles have that kind of range.)

Amid this brinksmanship, North Korea remains remarkably shut off from the rest of the world. Read on for what's known about the hermit country. [Nuclear Security: Best & Worst Countries (Infographic)]

1. Isolation nation

The Korean peninsula has long been a battlefield for the world powers nearby. Japan controlled Korea (then one nation), until the end of World War II; after Japan's surrender, the United States and Soviet Union sliced the country along the 38th parallel, with the United States administering the south and the Soviet Union controlling the north.

This division became permanent after the United Nations failed to negotiate a reunification in 1948. The first president of North Korea, Kim Il Sung, declared a policy of "self-reliance," essentially shutting the nation off diplomatically and economically from the rest of the world.

It's a philosophy called iuche, or self-mastery. The idea is that the North Korean people must rely on themselves only. This philosophy, according to Kim Il Sung, required North Korea to maintain political and economic independence (even in the face of famine in the 1990s) and to create a strong national defense system.

2. Mythical leaders

North Korea's ruling dynasty has always cast itself as somewhat supernatural. Founder Kim Il Sung was known as Korea's "sun," and claimed control of the weather. Along with his son Kim Jong Il's birthday, Kim Il Sung's birthday is a national holiday. After his death, Sung was embalmed and still lies in state in Pyongyang.

Kim Jong Il's mythology is no less extensive. His birth was hailed as "heaven sent" by propagandists, and state media has often touted impossible feats: He scored a perfect 300 the first time he tried bowling, and shot five holes-in-one the first time he played golf. Upon his death in 2011, the skies about the sacred mountain Paektu in North Korea allegedly glowed red. [Supernatural Powers? Tales of 10 Historical Predictions]

Kim Jong Un, Kim Jong Il's son and successor has yet to have quite so many tall tales told about him, but the news media have described the new leader as "born of heaven" upon his ascension to head of state. In December 2012, North Korean state media declared the discovery of a lair supposedly belonging to a unicorn ridden by Tongmyong, the ancient mythical founder of Korea. The story wasn't an indication that North Koreans believe in literal unicorns, experts said, but a way to shore up Kim Jong Un's rule and North Korea's cred as the "real" Korea.

3. National prison

All the fanciful and funny myths about North Korea's dictators cover up a disturbing truth, however: Some 154,000 North Koreans live in prison camps, according to South Korean government estimates. (Other international bodies put the number at closer to 200,000). There are six camps, surrounded by electrified barbed wire. Two camps allow for some "rehabilitation" and release of prisoners, according to "Escape from Camp 14: One Man's Remarkable Odyssey from North Korea to Freedom in the West" (Viking, 2012). The rest are prisons for life.

"Escape from Camp 14" tells the story of Shin Dong-hyuk, the only person known to have escaped from one of these camps and to have made it to the outside world. Shin was born in the camp; his father was imprisoned because his brother had abandoned North Korea for South Korea decades earlier.

Torture, malnutrition, slave labor and public execution are ways of life in the camps, which are known from satellite imagery. An Amnesty International report in 2011 estimated that 40 percent of camp prisoners die of malnutrition.

4. Daily life in North Korea

Given North Korea's secrecy, it's hard to imagine what daily life in the country is really like. In the book "Nothing to Envy: Ordinary Lives in North Korea" (Spiegel & Grau, 2009), journalist Barbara Demick interviewed North Koreans who escaped to South Korea. They describe a society tied by family (during the famine of the 1990s, parents and grandparents starved first, trying to save food for their children) and inundated with propaganda.

"In the futuristic dystopia imagined in 1984, George Orwell wrote of a world where the only color to be found was in the propaganda posters. Such is the case in North Korea," Demick writes.

It's not clear how many North Koreans buy into this propaganda. Interviews with North Koreans in China by the New York Times suggested that smuggled DVDs from South Korea have enabled average North Koreans to get a glimpse of the world outside their borders.

Very recently, foreign journalists on supervised trips in Pyongyang have been allowed 3G connections on mobile phones, enabling real-time pictures of daily city life.?

5. Difficult adjustments

With such limited access to the outside world, North Koreans who do make it out often struggle to adjust. Many are paranoid, a skill that served them well at home where anyone could turn anyone else in to the police for saying the wrong thing. Some are cognitively impaired by early malnutrition. And few know anything about world history outside of North Korean propaganda. [Top 10 Controversial Psychiatric Disorders]

"Education in North Korea is useless for life in South Korea," Gwak Jong-moon, principal of a boarding school for North Korean refugees, told Blaine Harden, the author of "Escape from Camp 14." "When you are too hungry, you don't go to learn and teachers don't go to teach. Many of our students have been hiding in China for years with no access to schools. As young children in North Korea, they grew up eating bark off trees and thinking it was normal."

According to Harden, the suicide rate for North Korean refugees in South Korea is two-and-a-half times that of the rate for South Koreans.?

Follow Stephanie Pappas on Twitter?and Google+. Follow us @livescience, Facebook?& Google+. Original article on LiveScience.com.

Copyright 2013 LiveScience, a TechMediaNetwork company. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Source: http://news.yahoo.com/5-strange-cultural-facts-north-korea-145832048.html

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Five die in Christian-Muslim clashes in Egypt

By Ashraf Fahim

EL KHUSUS, Egypt (Reuters) - Five Egyptians were killed and eight wounded in clashes between Christians and Muslims in a town near Cairo, security sources said on Saturday, in the latest sectarian violence in the most populous Arab state.

Christian-Muslim confrontations have increased in Muslim-majority Egypt since the overthrow of former President Hosni Mubarak in 2011 gave freer rein to hardline Islamists repressed under his rule.

Four Christian Copts and one Muslim were killed when members of both communities started fighting and shooting at each other in El Khusus north of the Egyptian capital, the sources said. State news agency MENA put the death toll at four.

An angry crowd smashed shops belonging to Christians, residents said. A Reuters reporter saw a burned-out Coptic day care center and several damaged shops belonging to Christian traders. An apartment inhabited by Muslims was also burned.

Residents said the violence broke out on Friday when a group of Christian children were drawing on a wall of a Muslim religious institute.

A Reuters reporter saw what looked like a swastika drawn on the wall, which Muslim residents said had offended them because it looked like a cross.

"I saw the kids drawing on the wall after afternoon prayers so I grabbed them and told them to remove what they'd just written," said Mahmoud Mahmoud al-Alfi, a Muslim resident.

Then another man arrived and started beating the children, drawing a large crowd, he said. The situation escalated when someone drew a gun and fired into the air, killing one boy with a stray bullet.

"Suddenly the area was full of weapons," Alfi said, while weeping Muslim women sat nearby in front of a house, showing pictures of a man they said had been killed during the clashes.

Muslim leaders were quick to condemn the sectarian violence which comes as Egypt is struggling with a severe economic crisis and high inflation after two years of political upheaval.

Grand Sheikh Ahmed al-Tayeb, of Egypt's leading Islamic authority Al-Azhar, urged measures to prevent the situation from escalating and to "preserve the national character which characterises the Egyptian people, Muslims and Christians," MENA said.

"The sectarian riots which happened in El Khusus are unacceptable and grave," Saad al-Katatni, the head of the Muslim Brotherhood political party, said on his Facebook website. "There are some who want to set Egypt ablaze and create crises."

President Mohamed Mursi, a Brotherhood leader elected in June, has promised to protect the rights of Copts, who make up about 10 percent of Egypt's 84 million people.

TIGHT SECURITY

On Saturday the situation was calm but tense in the small town where Muslims and Christians live close to each other but in separate streets. Security was tight with police vehicles parked in the main streets.

Police detained 15 people, a security source said.

In a Christian neighbourhood dozens of angry young men gathered at noon on Saturday, chanting "with our blood and soul we sacrifice ourselves for the cross". The crowds left after a priest came and asked them to leave to calm tensions.

"There are people who want to cause sectarian strife between Muslims and Christians," said a Christian man who gave his name Kameel. "I've been here longer than 30 years and I have never seen any violence or extremism in our area."

Sectarian tensions have often flared into violence, particularly in rural areas where rivalries between clans or families sometimes add to friction. Love affairs between Muslims and Christians have also sparked clashed in the past.

Since Mubarak was ousted by a popular uprising, Christians have complained of several attacks on churches by radical Islamists, incidents that have sharpened longstanding Christian complaints about being sidelined in the workplace and in law.

As an example, they point to rules that make it harder to obtain official permission to build a church than a mosque.

Last month, a court sentenced a Muslim to death for killing two people in a dispute with Christians in a southern town.

(additional reporting by Omar Fahmy; Writing by Ulf Laessing; Editing by Alistair Lyon and Richard Meares)

Source: http://news.yahoo.com/four-die-clashes-between-christians-muslims-egypt-mena-103758757.html

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Thursday, April 4, 2013

Putting larval cobia to the acid test

Wednesday, April 3, 2013

Ocean acidification, which occurs as CO2 is absorbed by the world's oceans, is a source of concern for marine scientists worldwide. Studies on coral, mollusks, and other ocean denizens are helping to paint a picture of what the future might entail for specific species, should carbon emissions continue to increase.

In a new study published in Global Change Biology, University of Miami (UM) Rosenstiel School of Marine & Atmospheric Science researchers Sean Bignami, Su Sponaugle, and Robert Cowen are the first to study the effects of acidification on the larvae of cobia (Rachycentron canandum). Cobia are large tropical fish that spawn in pelagic waters, highly mobile as they mature, and a popular species among recreational anglers.

The team reared cobia in tanks with different levels of CO2 saturation looking for effects on growth, development, otolith (ear stone) formation, swimming ability, and activity level during the vulnerable larval stage of these fish. They found that cobia showed remarkable resistance to end-of-century acidification scenarios in terms of growth, development, and activity. However, more extreme acidification scenarios caused reduced larval size and a 2-3 day delay in their development. The study also reports a significant increase in otolith size at the most mild acidification conditions reported to date.

"The larval period is a critical stage in the marine fish lifecycle and the ability of cobia larvae to withstand 'business-as-usual' scenarios of ocean acidification provides an optimistic outlook for this species. However, research on this topic is still limited and if our findings on otolith formation are any indicator, then these fish are not entirely resistant to acidification," said Bignami, a Marine Biology and Fisheries PhD candidate at UM.

The study is the first to report impacts of ocean acidification on a large, pelagic tropical fish species. "We need additional studies on study how fish, especially those that are ecologically and economically important, react to these environmental changes if we want to find ways to potentially mitigate the effects," Bignami added.

Cobia larvae used in this study were produced from broodstock raised at the UM Experimental Hatchery.

###

University of Miami Rosenstiel School of Marine & Atmospheric Science: http://www.rsmas.miami.edu

Thanks to University of Miami Rosenstiel School of Marine & Atmospheric Science for this article.

This press release was posted to serve as a topic for discussion. Please comment below. We try our best to only post press releases that are associated with peer reviewed scientific literature. Critical discussions of the research are appreciated. If you need help finding a link to the original article, please contact us on twitter or via e-mail.

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Source: http://www.labspaces.net/127564/Putting_larval_cobia_to_the_acid_test

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Earth is 'lazy' when forming faults like those near San Andreas

Apr. 3, 2013 ? Geoscientist Michele Cooke and colleagues at the University of Massachusetts Amherst take an uncommon, "Earth is lazy" approach to modeling fault development in the crust that is providing new insights into how faults grow. In particular, they study irregularities along strike-slip faults, the active zones where plates slip past each other such as at the San Andreas Fault of southern California.

Until now there has been a great deal of uncertainty among geologists about the factors that govern how new faults grow in regions where one plate slides past or over another around a bend, says Cooke. In their study published in an early online edition of the Journal of Structural Geology, she and colleagues offer the first systematic exploration of fault evolution around fault bends based on modeling in a clay box.

Testing ideas about how Earth's crust behaves in real time is impossible because actions unfold over many thousands of years, and success in reconstructing events after the fact is limited. A good analog for laboratory experiments has been a goal for decades. "Geologists don't agree on how the earth's crust handles restraining bends along faults. There's just a lack of evidence. When researchers go out in the field to measure faults, they can't always tell which one came first, for example," Cooke says.

Unlike most geoscience researchers, she takes a mechanical efficiency approach to study dynamic fault systems' effectiveness at transforming input energy into force and movement. For example, a straight fault is more efficient at accommodating strain than a bumpy fault. For this reason Cooke is very interested in how the efficiency of fault bends evolves with increasing deformation.

Her data suggest that at restraining bends, the crust behaves in accord with "work minimization" principles, an idea she dubs the "Lazy Earth" hypothesis. "Our approach offers some of the first system-type evidence of how faults evolve around restraining bends," she says.

Further, Cooke's UMass Amherst lab is one of only a handful worldwide to use a relatively new modeling technique that uses kaolin clay rather than sand to better understand the behavior of Earth's crust.

For these experiments, she and colleagues Mariel Schottenfeld and Steve Buchanan, both undergraduates at the time, used a clay box or tray loaded with kaolin, also known as china clay, prepared very carefully so its viscosity scales to that of the earth's crust. When scaled properly, data from clay experiments conducted over several hours in a table-top device are useful in modeling restraining bend evolution over thousands of years and at the scale of tens of kilometers.

Cooke says sand doesn't remember faults the way kaolin can. In an experiment of a bend in a fault, sand will just keep forming new faults. But clay will remember an old fault until it's so inefficient at accommodating the slip that a new fault will eventually form in a manner much more similar to what geologists see on the ground.

Another innovation Cooke and colleagues use is a laser scan to map the clay's deformation over time and to collect quantitative data about the system's efficiency. "It's a different approach than the conventional one," Cooke acknowledges. "I think about fault evolution in terms of work and efficiency. With this experiment we now have compelling evidence from the clay box experiment that the development of new faults increases the efficiency of the system. There is good evidence to support the belief that faults grow to improve efficiency in the Earth's crust as well. "

"We're moving toward much more precision within laboratory experiments," she adds. "This whole field is revolutionized in past six years. It's an exciting time to be doing this sort of modeling. Our paper demonstrates the mastery we now can have over this method."

The observation that a fault's active zone can shift location significantly over 10,000 years is very revealing, Cooke says, and has important implications for understanding seismic hazards. The more geologists understand fault development, the better they may be able to predict earthquake hazards and understand Earth's evolution, she points out.

Funding for this work came from grants from the National Science Foundation and the Southern California Earthquake Center.

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The above story is reprinted from materials provided by University of Massachusetts at Amherst.

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Journal Reference:

  1. Michele L. Cooke, Mariel T. Schottenfeld, Steve W. Buchanan. Evolution of fault efficiency at restraining bends within wet kaolin analog experiments. Journal of Structural Geology, 2013; DOI: 10.1016/j.jsg.2013.01.010

Note: If no author is given, the source is cited instead.

Disclaimer: Views expressed in this article do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/top_science/~3/eGAyZW6JB6Q/130403104248.htm

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Tuesday, April 2, 2013

Guest Post: The Great Disconnect - Markets Vs. Economy | Zero ...

Last week I was swamped with interviews, both radio and television, to discuss the meaning of the markets hitting new all-time highs.? The general consensus of the analysts and economists that I was pitted against was that the rise in capital markets, given weak current economic data and a resurgence of the Eurozone crisis, is clearly a sign of economic strength.? This, combined with rising corporate profitability, makes stocks the only investment worth having.? My arguments were much more pragmatic.

First, it is worth noting that the markets have only risen to "all-time highs" only on a nominal basis.? As I posted in this past weekends newsletter entitled "Why You Can Never Beat The Index" I stated that:

"While the markets have hit an all-time high on a nominal basis (due much to the substitution effect as discussed above), there is still much to go before making up lost ground on an inflation adjusted basis.

?

The chart below shows the S&P 500 adjusted for inflation. Investors today, if they had been able to get exactly the same performance as the index are now back to where there were effectively in 1997. Of course, the reality is that investors have fared far worse given emotional mistakes, jumping from one investment strategy to another, taking on excess risk, and chasing past returns.

?

As I explain to my kids in baseball ? it is not getting hits that win baseball games but rather having fewer errors than your opponents. In investing ? the winner is the person with the fewest errors."

S&P500-RealIndex-040113

Setting aside for the moment the impact of all other factors and looking at the rise of the index solely as an indication of economic strength - we find a very large disconnect.

Since Jan 1st of 2009, through the end of March, the stock market has risen by an astounding 67.8%.?? However, if we measure from the March 9, 2009 lows, the percentage gain doubles to 132% in just 48 months.?? With such a large gain in the financial markets we should see a commensurate indication of economic growth - right?

The reality is that after 4-Q.E. programs, a maturity extension program, bailouts of TARP, TGLP, TGLF, etc., HAMP, HARP, direct bailouts of Bear Stearns, AIG, GM, bank supports, etc., all of which total to more than $30 Trillion and counting, the economy has grown by a whopping $954.5 billion since the beginning of 2009.? This equates to a whopping 7.5% growth during the same time period as the market surges by more than 100%.

001-SP500-GDP-Fed-040113

However, as shown in the chart above the Fed's monetary programs have inflated the excess reserves of the major banks by roughly 170% during the same period of time.? The increases in excess reserves, which the banks can borrow for effectively zero, have been funneled directly into risky assets in order to create returns.? This is why there is such a high correlation, roughly 85%, between the increase in the Fed's balance sheet and the return of the stock market. ?

Unfortunately, while Wall Street benefits greatly from repeated Federal Reserve interventions - Main Street has not.? Over the past few years as asset prices have surged higher - consumer confidence has remained mired at levels historically associated with recessions.? This is reflective of weak growth in personal consumption expenditures which is primarily a function of weak income growth.

PCE-personalincome-040113

As an example - the last two reports on personal incomes and expenditures show that more than half of the increase came from increase in gasoline and food prices.? The problem with this, as we have explained previously, is that higher "sales" is not a function of greater volumes of product sold - just simply more dollars spent for the same amount of goods.? This is more commonly known as "inflation."

Of course, weak economic growth has led to employment growth that is primarily a function of population growth.? Sustained levels of unemployment have reduced the standard of living for many Americans forcing them to turn to social support programs.? Food stamp usage and disability claims have soared to record levels along with the percentage of real disposable incomes that are comprised by social benefits as shown below.

Social-Benefits-DPI-040113

It is extremely hard to create stronger, organic, economic growth when the dependency on recycled tax-dollars to meet living requirements remains so high.?

Corporate profits have surged since the end of the last recession which has been touted as a definitive reason for higher stock prices.? While I cannot argue the logic behind this case, as earnings per share are an important driver of markets over time, it is important to understand that the increase in profitability has not come strong increases in revenue at the top of the income statement.? As the chart below shows while earnings per share has risen by over 200% since the beginning of 2009 - revenues have grown by less than 10%.

S&P500-Sales-Earnings-040113

As expected, since the economy is 70% driven by personal consumption, GDP growth and revenues have grown at roughly equivalent rates.? Therefore, the question as to where corporate profitability came from must be answered?? That answer can be clearly seen in the chart below of corporate profits per worker which is at the highest level in history.?

Profits-Employees-040113

Suppressed wage growth, layoffs, cost-cutting, productivity increases, accounting gimmickry and stock buybacks have been the primary factors in surging profitability.? However, these actions are finite in nature and inevitably it will come down to topline revenue growth.? However, since consumer incomes have been cannibalized by suppressed wages and interest rates - there is nowhere left to generate further sales gains from in excess of population growth.?

So, while the markets have surged to "all-time highs"? - for the majority of Americans who have little, or no, vested interest in the financial markets their view is markedly different.? While the mainstream analysts and economists keep hoping with each passing year that this will be the year the economy comes roaring back - the reality is that all the stimulus and financial support available from the Fed, and the government, can't put a broken financial transmission system back together again.? Eventually, the current disconnect between the economy and the markets will merge.? My bet is that such a convergence is not likely to be a pleasant one.

Source: http://www.zerohedge.com/news/2013-04-01/guest-post-great-disconnect-markets-vs-economy

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Facebook phone dev-edition APK reveals details about HTC Myst, new Facebook Home features

Facebook phone devedition APK reveals details about HTC Myst, new Facebook Home features

Facebook already told us all that it'd be announcing something new and Android-related at an event on April 4th. Android Police has just given us a new heaping helping of evidence, via an APK teardown, that the social network will, at long last, announce an oft-rumored, never revealed Facebook phone and a FB-themed version of Google's mobile OS. The ROM reveals that it's built for an AT&T-compatible HTC Myst handset with a 4.3 inch display, 1GB of RAM and a dual-core MSM8960 SoC. There's also a 5-megapixel rear camera, 1.6-megapixel front shooter, Bluetooth 4.0 and WiFi a/b/g/n radios, which confirms earlier spec leaks about the phone.

As for software, it runs Android 4.1.2 and Sense 4.5, and most importantly, a new Facebook program called Facebook Home. As you might expect, it'll serve as the phone's home screen and launcher. To that end, it has more system controls than the existing Facebook app, with permission to turn off the lock screen, start up when the phone boots and control your WiFi connection, among others. The APK also revealed that there's a host of circular Facebook-flavored icons and tight Facebook Messenger integration. Oh, and in case you aren't looking to buy FB-specific hardware, fear not, for the presence of TouchWiz compatibility indicates that Facebook Home will be available for other phones as well.

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Source: Android Police

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/jhWmr0f9YI0/

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