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17 Jul 2010 11:32

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U.S.: FYI: We want there to be high pressure in the capped oil well

  • 6,745 pounds per square inch of pressure in the oil well
  • two number of pounds this level is increasing per hour source
  • » Why this is good: Simply put, if there’s high pressure in the well, it means the cap can hold up without sporting a new leak. Point guy Thad Allen says that if the level were to get above 7,500 pounds per square inch, it’s would show the cap his high integrity, but if it were to go down, it would suggest that a leak sprung up somewhere.
Posted by Ernie Smith • 0 Comments • Permalink

05 Feb 2010 10:19

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Biz, U.S.: Why the drop in unemployment is less impressive than it seems

  • 9.7% the current jobless rate, a five-month low source
  • Why this seems good After months of hovering over the 10% mark, it seems like (on the surface) we’re finally cutting into the economy’s debilitating factor. Obama has been feeling pressure on this for months now.
  • Why it really isn’t Payrolls still cut by 20,000 despite unemployment, which suggests that some people have stopped looking and are no longer counted. Also, some major industries are struggling, including construction.
  • Some promising signs Despite the job market’s mixed signals, there are signs the worst is over. Workweeks are longer, overtime is going up, more temps are getting work, and average earnings are up too.  source
Posted by Ernie Smith • 0 Comments • Permalink

19 Jan 2010 10:31

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Biz: Citigroup took a big loss to scare off the TARP monster

  • $7.6 billion to be rid of federal pressures source
Posted by Ernie Smith • 0 Comments • Permalink

25 Jun 2009 10:30

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World: Mousavi under intense amounts of pressure to stop fighting Iran vote

  • I am pressured to abandon my demand for the vote annulment … a major rigging has happened … I am prepared to prove that those behind the rigging are responsible for the bloodshed … Continuation of legal and calm protests will guarantee achieving our goals.
  • Mir Hossein Mousavi • On the protests that continue despite much fighting by the leadership and his hand being forced to give up the protests. Beyond the protests, Mousavi was the managing editor of the Kalameh-ye Sabz daily newspaper, which was forced to close this week. He’s not happy about that at all. The protests have been slowed greatly because of increased police presence but the protracted fight has had the side effect of showing massive rifts within the Iranian establishment. • source
Posted by Ernie Smith • 0 Comments • Permalink

05 Jun 2009 10:13

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World: Gordon Brown is dreaming of ways to make himself look better

Everyone’s favorite British PM under fire is shaking up his cabinet in an attempt to get past his sucky week. Good luck, brah. source
Posted by Ernie Smith • 0 Comments • Permalink

28 May 2009 10:39

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Offbeat: Forget sex and drinking. Teens are getting pressured into hugging.

Hugging is incredibly popular with teens nowadays, and those who don’t like it will be assimilated. Just you wait. source
Posted by Ernie Smith • 0 Comments • Permalink
 
 
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