<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Forex Floor</title>
	<atom:link href="http://forexfloor.org/feed" rel="self" type="application/rss+xml" />
	<link>http://forexfloor.org</link>
	<description>Informations Forex and Finance On the Floor</description>
	<lastBuildDate>Fri, 25 Mar 2011 03:52:50 +0000</lastBuildDate>
	<generator>http://wordpress.org/?v=2.8.4</generator>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
			<item>
		<title>Haiti Abstains (The Nation)</title>
		<link>http://forexfloor.org/finance/haiti-abstains-the-nation.html</link>
		<comments>http://forexfloor.org/finance/haiti-abstains-the-nation.html#comments</comments>
		<pubDate>Fri, 25 Mar 2011 03:52:50 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[article]]></category>
		<category><![CDATA[democratic]]></category>
		<category><![CDATA[election]]></category>
		<category><![CDATA[elections]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[president]]></category>
		<category><![CDATA[victor]]></category>

		<guid isPermaLink="false">http://forexfloor.org/uncategorized/haiti-abstains-the-nation.html</guid>
		<description><![CDATA[ The Nation -- Despite a massive UN mobilization, Haitians stayed away from controversial presidential elections in large numbers on March 20, raising serious questions about the legitimacy of the government poised to take power. &#8220;The majority of the Haitian people did not vote in this election because the majority of people stand behind Lavalas,&#8221; said Wilnor Moise, a 29-year-old former bus conductor from Cit]]></description>
			<content:encoded><![CDATA[<p>Forexfloor.org
<div>
<p>The Nation &#8212; Despite a massive UN mobilization, Haitians stayed away from controversial presidential elections in large numbers on March 20, raising serious questions about the legitimacy of the government poised to take power.</p>
<p>
&ldquo;The majority of the Haitian people did not vote in this election because the majority of people stand behind Lavalas,&rdquo; said Wilnor Moise, a 29-year-old former bus conductor from Cit</p>
]]></content:encoded>
			<wfw:commentRss>http://forexfloor.org/finance/haiti-abstains-the-nation.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Have scientists cracked the speed at which the universe is expanding? (The Week)</title>
		<link>http://forexfloor.org/finance/have-scientists-cracked-the-speed-at-which-the-universe-is-expanding-the-week.html</link>
		<comments>http://forexfloor.org/finance/have-scientists-cracked-the-speed-at-which-the-universe-is-expanding-the-week.html#comments</comments>
		<pubDate>Fri, 25 Mar 2011 03:52:49 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[article]]></category>
		<category><![CDATA[facebook]]></category>
		<category><![CDATA[journal]]></category>
		<category><![CDATA[opinion]]></category>
		<category><![CDATA[scientist]]></category>
		<category><![CDATA[universe]]></category>

		<guid isPermaLink="false">http://forexfloor.org/uncategorized/have-scientists-cracked-the-speed-at-which-the-universe-is-expanding-the-week.html</guid>
		<description><![CDATA[ New York &#8211; Yes &#8212; and you'll be pleased to know the magic figure is 73.8 km/sec/megaparsec. So... ]]></description>
			<content:encoded><![CDATA[<p>Forexfloor.org
<div>
<p>New York &ndash; Yes &mdash; and you&#8217;ll be pleased to know the magic figure is 73.8 km/sec/megaparsec. So&#8230; what the heck does that mean?</p>
<p>Scientists discovered in 1998 that not only is the universe expanding, but it&#8217;s expanding at a rate that continues to accelerate. Now, using the brightness of a specific type of star and supernova as a guide, they&#8217;ve been able to work out exactly how much faster that expansion happens as the universe grows. Hint &mdash; it&#8217;s very, very fast indeed. Here, a quick guide:</p>
<p><strong>So, how fast is the universe expanding?</strong><br />The universe is expanding at 73.8 kilometers per second per 3.26 million light years, give or take 2.4 km, according to a study published in the <em>Astrophysical Journal</em>.</p>
<p><strong>Uh, what?</strong><br />The expansion of space means that galaxies are speeding away from us. The farther away they get, the faster they move. So, according to this equation, a galaxy 3.26 million light years away &mdash; or one megaparsec &mdash; is moving away from us at around 73.8 kilometers per second. A galaxy two megaparsecs away would be travelling twice as quickly, and so on.</p>
]]></content:encoded>
			<wfw:commentRss>http://forexfloor.org/finance/have-scientists-cracked-the-speed-at-which-the-universe-is-expanding-the-week.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Anti-Iraq War Bush-Haters Squirm to Justify Libya (Larry Elder)</title>
		<link>http://forexfloor.org/finance/anti-iraq-war-bush-haters-squirm-to-justify-libya-larry-elder.html</link>
		<comments>http://forexfloor.org/finance/anti-iraq-war-bush-haters-squirm-to-justify-libya-larry-elder.html#comments</comments>
		<pubDate>Fri, 25 Mar 2011 03:52:48 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[dictator]]></category>
		<category><![CDATA[military]]></category>
		<category><![CDATA[people]]></category>
		<category><![CDATA[president]]></category>

		<guid isPermaLink="false">http://forexfloor.org/uncategorized/anti-iraq-war-bush-haters-squirm-to-justify-libya-larry-elder.html</guid>
		<description><![CDATA[ Creators Syndicate &#8211; "The President does not have power under the Constitution to unilaterally authorize a military attack in a situation that does not involve stopping an actual or imminent threat to the nation," then-presidential candidate Barack Obama said in December 2007. ]]></description>
			<content:encoded><![CDATA[<p>Forexfloor.org
<div>
<p>Creators Syndicate &ndash; &#8220;The President does not have power under the Constitution to unilaterally authorize a military attack in a situation that does not involve stopping an actual or imminent threat to the nation,&#8221; then-presidential candidate Barack Obama said in December 2007. </p>
<p>
What a difference a change of job title makes. </p>
<p>
&#8220;Let&#8217;s just call a spade a spade. A no-fly zone begins with an attack on Libya,&#8221; said Defense Secretary Robert Gates three weeks before President Obama ordered a no-fly zone over &mdash; and other military action against &mdash; Libya. </p>
<p>
Like many anti-Iraq War/Bush-is-a-warmonger critics, former House Speaker Nancy Pelosi, D-Calif., supports the Libyan action. Bush-hater Rachel Maddow of MSNBC rationalized that unlike the bloodthirsty President George W. Bush, you see, Obama ordered the military into action under a different &#8220;narrative&#8221; &mdash; that is, reluctantly and without zeal. Understand? </p>
<p>
The non-unilateralist Nobel Peace Prize laureate Obama, unlike Bush, sought no congressional war resolution. Obama, therefore, ordered military action against Libya &#8220;unilaterally&#8221; &mdash; without the congressional approval that he once argued the Constitution demanded. </p>
<p>
As Obama further explained in his December 2007 statement, &#8220;In instances of self-defense, the President would be within his constitutional authority to act before advising Congress or seeking its consent.&#8221; So a president, according to Obama, does not need congressional authority &mdash; provided the action involves &#8220;self-defense&#8221; or &#8220;stopping an actual or imminent threat to the nation.&#8221; </p>
<p>
What is the &#8220;actual or imminent threat&#8221; to America posed by Libya? </p>
<p>
Libya&#8217;s Moammar Gadhafi, spooked bleep-less after our invasion of Iraq, surrendered his WMD. The dictator admitted Libya&#8217;s complicity in the bombing of the Pan Am plane over Lockerbie and paid financial settlements &mdash; after which the U.S. removed Libya from the list of terror-sponsoring states. The U.S. imports less than 1 percent of its oil from that country. What threat to national security?</p>
<p>
Fast-forward to March 2011. Rebels threaten to topple Gadhafi&#8217;s brutal regime. But the dictator fights back, and unless stopped by outsiders, his military appears poised to put down and slaughter the rebels. Enter Obama. &#8220;We cannot stand idly by,&#8221; he said, &#8220;when a tyrant tells his people there will be no mercy.&#8221; </p>
<p>
Obama thus approves this act of war &mdash; for <i> humanitarian </i> purposes. </p>
<p>
But Iraq&#8217;s Saddam Hussein created a far greater humanitarian nightmare. &#8220;The Butcher of Baghdad&#8221; slaughtered, at minimum, hundreds of thousands of Iraqis &mdash; far more people than were killed in Bosnia and Kosovo, where President Clinton ordered military force for humanitarian reasons. Yet, when weapons hunters found no stockpiles of WMD in Iraq, the dwindling number of pro-war Democrats turned against the war &mdash; never mind the sickening sight of thousands of Iraqis found in shallow graves. </p>
<p>
If U.S. foreign policy dictates intervention during humanitarian crises, why stop with Libya? Why <i> start </i> with Libya? </p>
<p>
The list of brutal thug leaders is long. Nearly 40 percent of the world&#8217;s population lives under un-free, often brutally repressive, governments, and another billion or so people have only partial freedom. </p>
<p>
Humanitarian in-harm&#8217;s-way deployment of the military is treacherous and unpredictable. Consider Somalia (&#8221;Black Hawk Down&#8221; Battle of Mogadishu in 1993); Lebanon (241 servicemen, mostly Marines, killed when terrorists blew up their barracks in 1983); and Bosnia/Kosovo (President Clinton promised troops out by Christmas 1995). </p>
<p>
The purpose of the military is to act on behalf of our national security. We are not the world&#8217;s hall monitor. Bush-hating Iraq War critics used to say stuff like that &mdash; along with &#8220;war is not the answer.&#8221; </p>
<p>
Now, let&#8217;s revisit the reasons for the &mdash; as pre-President Obama called it &mdash; &#8220;stupid&#8221; war. </p>
<p>
Obama, like virtually everyone else, assumed Saddam possessed stockpiles of WMD while actively pursing a nuclear capability. President Bush sought and obtained congressional authorization. He called Saddam&#8217;s Iraq a &#8220;grave and gathering threat&#8221; to our <i> national security. </i> </p>
<p>
Ninety percent of Americans, in the dark days following Sept. 11, 2001, expected another attack within a year &mdash; except perhaps this time with chemical or biological weapons. From the &#8220;oil-for-food&#8221; program, Saddam stole money, possibly re-routing it to terrorists. He financially rewarded families of homicide bombers. We learned, following the Persian Gulf War, that he was much closer to achieving nuclear capability than previously thought. Saddam kicked out the U.N. inspectors sent in to verify the promised dismantling and destruction of the weapons. </p>
<p>That Saddam possessed stockpiles of WMD, having used chemical weapons on the Iranians and his own people, was not in dispute. All 16 U.S. intelligences agencies thought so &#8220;with the highest probability.&#8221; France, the United Kingdom, Russia, Egypt, Jordan, China, Israel &mdash; and even Saddam&#8217;s own generals &mdash; assumed Iraq possessed WMD. Even U.N. weapons inspector and Iraq War critic Hans Blix thought Saddam likely possessed these weapons. As Blix admitted at a 2004 University of Berkeley forum: &#8216;I&#8217;m not here to have gut feelings. But yes, in December 2002 (three months before the invasion) I thought Saddam had weapons of mass destruction.&#8217;&#8221; </p>
<p>Call Libya the Obama doctrine: non-national security, non-congressionally approved military attacks are perfectly legitimate for humanitarian reasons. Except not for Iraq under President George W. Bush &mdash; who awaits his apology. </p>
<p>Larry Elder is a radio talk show host and best-selling author. His latest book, &#8220;What&#8217;s Race Got to Do with It?&#8221;, is available now. To find out more about Larry Elder, visit his Web page at www.LarryElder.com. To read features by other Creators Syndicate writers and cartoonists, visit the Creators Syndicate Web page at www.creators.com.</p>
<p>COPYRIGHT 2011 LAURENCE A. ELDER</p>
<p>DISTRIBUTED BY CREATORS.COM</p>
</p></div></p>
]]></content:encoded>
			<wfw:commentRss>http://forexfloor.org/finance/anti-iraq-war-bush-haters-squirm-to-justify-libya-larry-elder.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Could the West&#8217;s anti-Gadhafi coalition fall apart? (The Week)</title>
		<link>http://forexfloor.org/finance/could-the-wests-anti-gadhafi-coalition-fall-apart-the-week.html</link>
		<comments>http://forexfloor.org/finance/could-the-wests-anti-gadhafi-coalition-fall-apart-the-week.html#comments</comments>
		<pubDate>Fri, 25 Mar 2011 03:52:47 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[coalition]]></category>
		<category><![CDATA[european]]></category>
		<category><![CDATA[facebook]]></category>
		<category><![CDATA[military]]></category>
		<category><![CDATA[opinion]]></category>
		<category><![CDATA[president]]></category>
		<category><![CDATA[violence]]></category>

		<guid isPermaLink="false">http://forexfloor.org/uncategorized/could-the-wests-anti-gadhafi-coalition-fall-apart-the-week.html</guid>
		<description><![CDATA[ New York &#8211; Tensions are flaring as the U.S. and its allies debate who should take charge of the military mission in Libya Allied planes and warships continued to pummel Moammar Gadhafi's forces with bombs and missiles on Thursday, but the coalition is showing signs of splintering. ]]></description>
			<content:encoded><![CDATA[<p>Forexfloor.org
<div>
<p>New York &ndash; Tensions are flaring as the U.S. and its allies debate who should take  charge of the military mission in Libya</p>
<p>Allied planes and warships continued to pummel Moammar Gadhafi&#8217;s forces with bombs and missiles on Thursday, but the coalition is showing signs of splintering. With President Obama under mounting pressure at home to hand off control of the military campaign, the U.S. and its European partners have stumbled over the question of who will take command. Germany withdrew its contribution, two frigates, out of fear that they could be dragged into a long conflict if NATO takes over. Arab support is faltering. Is the coalition unraveling?</p>
<p><strong>Yes, the bickering could sink the coalition:</strong> &#8220;The unity of the first hours of the operation seems to have vanished,&#8221; says <em>Financial Times Deutschland</em>, as quoted in <em>Der Spiegel</em>. The cruise missiles continue to rain down on Gadhafi&#8217;s army, but allied leaders seem to have &#8220;nothing better to do than to argue publicly&#8221; about the ultimate goal and who should be in charge. &#8220;The political squabbles threaten to jeopardize the operation and undermine its legitimacy.&#8221;<br />&#8220;Gadhafi is facing a coalition of the unwilling&#8221;</p>
<p><strong>No, NATO just needs to step up:</strong> &#8220;This is a time for the military coalition to come together, not to splinter,&#8221; says <em>The New York Times</em> in an editorial. It&#8217;s a shame that the command responsibilities weren&#8217;t better spelled out back when French President Nicolas Sarkozy was pushing for an intervention. But Sarkozy&#8217;s attempt to continue calling the shots after the shooting started has &#8220;needlessly strained relations with other participating countries.&#8221; It&#8217;s time for Sarkozy to devote his energies to getting NATO to &#8220;take the lead.&#8221;<br />&#8220;Discord among allies&#8221;</p>
<p><strong>The U.S. <em>should</em> bail out:</strong> &#8220;Everybody&#8217;s going all wobbly over Libya,&#8221; says Thomas E. Ricks at <em>Foreign Policy</em>, but the U.S. should stick to its plan. &#8220;We should now say, OK, we have created the conditions, time for you all to have the courage of your convictions.&#8221; The French and Italians should &#8220;park the good ships Charles de Gaulle and Garibaldi off the Libyan coast&#8221; and enforce the no-fly zone. And maybe the Arab states could help keep peace in their own back yard. &#8220;Step right up, fellas.&#8221;<br />&#8220;Libya: You want clarity? Here it is&#8221;</p>
<p>View this article on TheWeek.com<br />Get 4 Free Issues of The Week</p>
<p>Other stories from this topic:
<ul>
<li>Opinion Brief: Libya: Can Gadhafi survive?</li>
<li>Opinion Brief: Is Libya on the brink of civil war?</li>
<li>Opinion Brief: Violence in Libya: Should the world intervene?</li>
</ul>
<p>Like on Facebook</p>
]]></content:encoded>
			<wfw:commentRss>http://forexfloor.org/finance/could-the-wests-anti-gadhafi-coalition-fall-apart-the-week.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Newt Gingrich&#8217;s Libya &#8216;flip-flop&#8217;: What was he thinking? (The Week)</title>
		<link>http://forexfloor.org/finance/newt-gingrichs-libya-flip-flop-what-was-he-thinking-the-week.html</link>
		<comments>http://forexfloor.org/finance/newt-gingrichs-libya-flip-flop-what-was-he-thinking-the-week.html#comments</comments>
		<pubDate>Fri, 25 Mar 2011 03:52:46 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[article]]></category>
		<category><![CDATA[congress]]></category>
		<category><![CDATA[facebook]]></category>
		<category><![CDATA[gingrich]]></category>
		<category><![CDATA[opinion]]></category>
		<category><![CDATA[president]]></category>

		<guid isPermaLink="false">http://forexfloor.org/uncategorized/newt-gingrichs-libya-flip-flop-what-was-he-thinking-the-week.html</guid>
		<description><![CDATA[ New York &#8211; Gingrich hammered President Obama earlier this month for not intervening in Libya. Now he's griping, "I would not have intervened." Huh? Former House speaker and current GOP presidential aspirant Newt Gingrich has done a "complete flip-flop" on his Libya position, says George Zornick at ThinkProgress ]]></description>
			<content:encoded><![CDATA[<p>Forexfloor.org
<div>
<p>New York &ndash; Gingrich hammered President Obama earlier this month for not intervening in Libya. Now he&#8217;s griping, &#8220;I would not have intervened.&#8221; Huh?</p>
<p>Former House speaker and current GOP presidential aspirant Newt Gingrich has done a &#8220;complete flip-flop&#8221; on his Libya position, says George Zornick at <em>ThinkProgress</em>. On March 7, he told Fox News that, were he president, he would unilaterally &#8220;exercise a no-fly zone this evening,&#8221; on the grounds that &#8220;we think that slaughtering your own citizens is unacceptable.&#8221; After President Obama did just that a couple weeks later, Gingrich slammed him, telling NBC, &#8220;I would not have intervened,&#8221; especially not using &#8220;American and European forces.&#8221; Gingrich has since tried to explain the discrepancy in a Facebook post<em></em>. Is this cynical politics at its worst, or just a minor misstep?</p>
<p>
<strong>He just has loose lips</strong>: Gingrich stuck his foot in his mouth,  and it&#8217;s hardly the first time,</p>
]]></content:encoded>
			<wfw:commentRss>http://forexfloor.org/finance/newt-gingrichs-libya-flip-flop-what-was-he-thinking-the-week.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Japan&#8217;s radioactive tap water and 3 other new risks (The Week)</title>
		<link>http://forexfloor.org/finance/japans-radioactive-tap-water-and-3-other-new-risks-the-week.html</link>
		<comments>http://forexfloor.org/finance/japans-radioactive-tap-water-and-3-other-new-risks-the-week.html#comments</comments>
		<pubDate>Fri, 25 Mar 2011 03:52:46 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[article]]></category>
		<category><![CDATA[japanese]]></category>
		<category><![CDATA[opinion]]></category>
		<category><![CDATA[singapore]]></category>

		<guid isPermaLink="false">http://forexfloor.org/uncategorized/japans-radioactive-tap-water-and-3-other-new-risks-the-week.html</guid>
		<description><![CDATA[ New York &#8211; Japanese officials set off warning bells in Tokyo by reporting that the city's tap water could imperil infants. ]]></description>
			<content:encoded><![CDATA[<p>Forexfloor.org
<div>
<p>New York &ndash; Japanese officials set off warning bells in Tokyo by reporting that the city&#8217;s tap water could imperil infants. And that&#8217;s not the only contamination risk sparked by the nuclear crisis</p>
<p>After discovering dangerous levels of radiation in the tap water in Tokyo and surrounding areas, Japanese officials have warned parents to prevent their infants from drinking it &mdash; triggering a run on bottled water. Radioactive fallout from the  struggling nuclear reactors in Fukushima prefecture has also prompted restrictions on agricultural products in Japan and several other countries. How dangerous are the  contamination risks for Japan&#8217;s reeling population? Here, a brief guide:</p>
<p>
<strong>1. Tap water</strong><br />Tokyo&#8217;s water officials said Wednesday that they&#8217;d found dangerous levels of radioactive iodine-131 &mdash; 210 becquerels per liter, to be precise &mdash; in the city&#8217;s drinking water. Although levels up to 300 becquerels per liter are considered safe for adult consumption, anything over 100 becquerels is a risk for babies. Officials pledged to deliver bottled  water to the 80,000 homes with kids under age 1, but people in Tokyo  and surrounding areas didn&#8217;t wait around, emptying store shelves of bottled water. Though iodine levels had dipped back to 79 becquerels by Thursday,  city officials said that &#8220;continued monitoring of the situation  is essential.&#8221;</p>
<p>
<strong>2. Vegetables<br /></strong>Dangerous levels of radioactive contamination were found in 11 kinds of vegetables in Fukushima and neighboring Ibaraki prefecture. The Japanese government ordered those two prefectures, plus two more, to halt all shipments of affected vegetables, and restricted sales from six other surrounding prefectures. U.S. health experts agreed that the recorded radiation levels in these green leafy veggies don&#8217;t pose much of a health risk, but a Japanese official still warned that people should &#8220;refrain from eating them as much as possible, as a precaution.&#8221;</p>
<p>
<strong>3. Milk<br /></strong>Dairy products are perhaps the biggest health concern, especially for Japan&#8217;s children. In the U.S., milk that was contaminated by the 1986 Chernobyl nuclear plant disaster &mdash; cows ate grass blanketed in radiation, and kids drank the milk &mdash; is blamed for at least 6,000 cases of thyroid cancer so far. The U.S., Singapore, and Hong Kong have banned milk products from the four worst-hit prefectures, and Japan has suspended raw milk shipments from Fukushima and Ibaraki. That&#8217;s a bit of an overreaction, says U.S. health physicist Peter Caracappa. He estimates you&#8217;d have to drink 58,000 glasses of tainted Japanese milk to raise your lifetime cancer risk by 4 percent.</p>
<p>
<strong>4. Seafood<br /></strong>The high levels of radiation in the seawater around the Fukushima reactors are a big threat to Japan&#8217;s multibillion-dollar seafood industry, and several Asian countries have already banned Japanese seafood. Japan insists that no fish are being caught anywhere near the reactors, and that they&#8217;re diligently testing seafood, and have found no dangerous levels of radiation. A U.S. sushi chain&#8217;s refusal to buy Japanese fish is an &#8220;overreaction,&#8221; says Edward Flattau at <em>The Huffington Post</em>. But radiation could still increase as it moves up the food chain, from small fish to bigger ones, &#8220;insidiously concentrating at the top where we reside.&#8221;</p>
<p>
<strong>Sources</strong>: <em>New York Times, Reuters, The National, The Daily Yomiuri, CNN, VPR, Bloomberg, Huffington Post</em></p>
<p>View this article on TheWeek.com<br />Get 4 Free Issues of The Week</p>
<p>Other stories from this topic:
<ul>
<li>Twitter Take: The latest tweets on Japan&#8217;s earthquake and tsunami</li>
<li>Live Feed: Live video: Japan&#8217;s catastrophic earthquake and tsunami</li>
<li>Opinion Brief: Japan&#8217;s terrifying tsunami</li>
</ul>
<p>Like on Facebook</p>
]]></content:encoded>
			<wfw:commentRss>http://forexfloor.org/finance/japans-radioactive-tap-water-and-3-other-new-risks-the-week.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>March Madness: By the numbers (The Week)</title>
		<link>http://forexfloor.org/finance/march-madness-by-the-numbers-the-week.html</link>
		<comments>http://forexfloor.org/finance/march-madness-by-the-numbers-the-week.html#comments</comments>
		<pubDate>Fri, 25 Mar 2011 03:52:45 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[america]]></category>
		<category><![CDATA[article]]></category>
		<category><![CDATA[facebook]]></category>
		<category><![CDATA[houston]]></category>
		<category><![CDATA[numbers]]></category>
		<category><![CDATA[opinion]]></category>

		<guid isPermaLink="false">http://forexfloor.org/uncategorized/march-madness-by-the-numbers-the-week.html</guid>
		<description><![CDATA[ New York &#8211; The annual NCAA men's basketball tournament is down to 16 teams. Does anyone in America still have a perfect bracket]]></description>
			<content:encoded><![CDATA[<p>Forexfloor.org
<div>
<p>New York &ndash; The annual NCAA men&#8217;s basketball tournament is down to 16 teams. Does anyone in America still have a perfect bracket?</p>
<p>The Sweet 16 round of the NCAA Division I basketball championships starts Thursday, and office workers and bookies nationwide are heavily invested in the outcome of the next round of games. But they aren&#8217;t the only ones with a big stake in March Madness. Here&#8217;s a look at college basketball&#8217;s biggest event (and perhaps the most lucrative of any sport), by the numbers:</p>
<p>
<strong>$10.8 billion<br /></strong>Price for TV and internet rights to the men&#8217;s tournament over 14 years</p>
<p>
<strong>2024<br /></strong>Year when that new broadcast deal, between CBS and Turner Broadcasting, ends</p>
<p>
<strong>$620 million<br /></strong>TV ad revenue CBS earned from last year&#8217;s men&#8217;s tournament</p>
<p>
<strong>$100 million<br /></strong>Amount that championship game host Houston is expected to garner in direct spending</p>
<p>
<strong>$100 million<br /></strong>Amount of federal tax revenue lost in 2006 due to Division I colleges&#8217; tax-exempt status</p>
<p>
<strong>$256,000<br /></strong>What a men&#8217;s Division I team earns for each tournament win</p>
<p>
<strong>$26.7 million<br /></strong>Basketball revenue earned last season by perennial tournament favorite (and reigning national champ) Duke</p>
<p>
<strong>$75 million<br /></strong>Estimated amount of March Madness wagers placed in Las Vegas</p>
<p>
<strong>$3 billion<br /></strong>Estimated amount of March Madness wagers placed in U.S. office pools</p>
<p>
<strong>$1.3 billion<br /></strong>Estimated cost of lost worker productivity during the tournament</p>
<p>
<strong>5.9 million<br /></strong>Number of brackets submitted to ESPN.com&#8217;s Tournament Challenge</p>
<p>
<strong>0<br /></strong>Number that correctly picked all Sweet 16 men&#8217;s teams</p>
<p>
<strong>1<br /></strong>Number that correctly picked all Sweet 16 women&#8217;s teams</p>
<p>
<strong>7,549<br /></strong>President Obama&#8217;s ranking in the ESPN men&#8217;s bracket challenge (99.9th percentile)</p>
<p>
<strong>37,812<br /></strong>Obama&#8217;s ranking in the ESPN women&#8217;s bracket challenge (81st percentile)</p>
<p>
<strong>Sources:</strong> <em>Yahoo</em>/<em>Investopedia</em>, <em>RealClearMarkets</em>, <em>TV By The Numbers</em>, ESPN, <em>L.A. Times</em>, <em>Forbes</em></p>
<p>
View this article on TheWeek.com<br />Get March Madness: Why not 96 teams? Flashback: 5 things Obama&#8217;s 2010 March Madness bracket reveals about him Opinion Brief: Why everybody hates Duke: 5 theories Like on Facebook</p>
]]></content:encoded>
			<wfw:commentRss>http://forexfloor.org/finance/march-madness-by-the-numbers-the-week.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Could Detroit disappear? (The Week)</title>
		<link>http://forexfloor.org/finance/could-detroit-disappear-the-week.html</link>
		<comments>http://forexfloor.org/finance/could-detroit-disappear-the-week.html#comments</comments>
		<pubDate>Fri, 25 Mar 2011 03:52:44 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[article]]></category>
		<category><![CDATA[cities]]></category>
		<category><![CDATA[greece]]></category>
		<category><![CDATA[ireland]]></category>

		<guid isPermaLink="false">http://forexfloor.org/uncategorized/could-detroit-disappear-the-week.html</guid>
		<description><![CDATA[ New York &#8211; The population of the Motor City declined by an astonishing 25 percent in the last decade. Could it vanish altogether]]></description>
			<content:encoded><![CDATA[<p>Forexfloor.org
<div>
<p>New York &ndash; The population of the Motor City declined by an astonishing 25 percent in the last decade. Could it vanish altogether?</p>
<p>Any visitor to Detroit can tell the city is wasting away, with vast swaths of empty lots and dilapidated houses across the once-proud metropolis. But new data from the 2010 Census makes it official: The population of the Motor City has plummeted to its lowest point in 100 years. The city lost one-fourth of its residents, about 237,500 people, in the last 10 years &mdash; which amounts to about one person every 22 minutes. At this astonishing rate of decline, can Detroit really hope to exist for much longer?</p>
<p><strong>Detroit is doomed:</strong> How can Detroit hope to recover from this? asks Douglas A. MacIntyre at <em>24/7 Wall St</em>. It has almost no tax base, few social services, a threadbare infrastructure, and &#8220;no enticements to bring new businesses back to town.&#8221; It would cost &#8220;tens of billions of dollars&#8221; to help Detroit &mdash; money that the federal government is unable and unwilling to spend. &#8220;The city&#8217;s wastelands will never go away.&#8221; In time, they may be all that&#8217;s left.<br />&#8220;As Detroit dies, solutions disappear&#8221;</p>
<p><strong>Detroit can survive as a smaller city: </strong>There is a solution to Detroit&#8217;s plight, says an editorial in the <em>Detroit Free Press</em>. We must convince residents to move to areas &#8220;that still have solid population bases,&#8221; produce a &#8220;credible plan to abandon the infrastructure in other areas,&#8221; and give them up to farmland. We are a &#8220;fundamentally changed city&#8221; now. Time to start acting like one.<br />&#8220;A smaller, stronger Detroit&#8221;</p>
<p><strong>Other cities have recovered from disaster:</strong> Look on the bright side, says Laura Parker at <em>AOL News</em>. Although Detroit&#8217;s recovery may &#8220;face long odds,&#8221; cities have bounced back before. Pittsburgh, for example, has reinvented itself as a &#8220;healthcare and high technology hub&#8221; since the steel industry collapsed. If it can attract a replacement to the depleted auto industry, Detroit could have a future yet.<br />&#8220;Can anything be done to help cities like Detroit?&#8221;</p>
<p>View this article on TheWeek.com<br />Get 4 Free Issues of The Week</p>
<p>Other stories from this topic:
<ul>
<li>Flashback: Tailspin economies: 21 contenders to be &#8216;the next Greece&#8217;</li>
<li>By the numbers: Las Vegas&#8217; recession-era building boom: By the numbers</li>
<li>Opinion Brief: Debt crisis: Is Texas &#8216;America&#8217;s Ireland&#8217;?</li>
</ul>
<p>Like on Facebook</p>
]]></content:encoded>
			<wfw:commentRss>http://forexfloor.org/finance/could-detroit-disappear-the-week.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The new oil spill in the Gulf of Mexico (The Week)</title>
		<link>http://forexfloor.org/finance/the-new-oil-spill-in-the-gulf-of-mexico-the-week.html</link>
		<comments>http://forexfloor.org/finance/the-new-oil-spill-in-the-gulf-of-mexico-the-week.html#comments</comments>
		<pubDate>Fri, 25 Mar 2011 03:52:44 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[article]]></category>
		<category><![CDATA[houston]]></category>
		<category><![CDATA[opinion]]></category>
		<category><![CDATA[street]]></category>

		<guid isPermaLink="false">http://forexfloor.org/uncategorized/the-new-oil-spill-in-the-gulf-of-mexico-the-week.html</guid>
		<description><![CDATA[ New York &#8211; A miles-long slick contaminates a stretch of beach hit hard by last year's massive BP spill. ]]></description>
			<content:encoded><![CDATA[<p>Forexfloor.org
<div>
<p>New York &ndash; A miles-long slick contaminates a stretch of beach hit hard by last year&#8217;s massive BP spill. Who&#8217;s to blame this time?</p>
<p>Almost a year after the massive BP oil disaster began with the explosion of the Deepwater Horizon oil rig, sticky clumps of oil are once again washing up on Louisiana beaches. Fishermen say the slick is several miles long. What caused the latest spill, and how much damage will it do? Here, a brief guide: </p>
<p><strong>How bad is the spill?</strong><br />Photographed from the air, the slick appears to stretch for miles. Oil has washed up in spots along 30 miles of coastline around Grand Isle, one of areas hit hardest by last year&#8217;s spill, the worst offshore oil disaster in history. But this time, the amount of oil in the Gulf appears to be limited. It&#8217;s &#8220;nowhere near the volume of Deepwater Horizon,&#8221; says Coast Guard Rear Adm. Mary Landry, as quoted in <em>The Wall Street Journal</em>, &#8220;but still significant enough.&#8221;</p>
<p><strong>What caused it?</strong><br />State agents traced the oil to a Houston company &mdash; Anglo-Suisse Offshore Partners. Anglo-Suisse has accepted responsibility, saying it had a small leak in a dormant well about 30 miles southeast of Grand Isle. It has been out of production since Hurricane Katrina, which damaged the platform.</p>
<p><strong>Will it wreak much environmental damage?</strong><br />Probably not; we&#8217;re unlikely to see oil-soaked birds this time around. Anglo-Suisse announced Tuesday night that it had plugged the well for good, so the environmental damage should be limited.</p>
<p>
<strong>Still, the timing couldn&#8217;t be worse for Big Oil, could it?</strong><br />No, especially when the oil and gas industry is trying to convince regulators, politicians, and the public to let it recommence deep-water drilling in the Gulf of Mexico, its goal now that new regulations are in place to prevent a repeat of BP&#8217;s disaster. And if Anglo-Suisse is found to have underreported the size of its spill to avoid government oversight (as some commentators suspect), it could face stiff fines. Also, says Brett Michael Dykes at <em>Yahoo!</em>, now that the company is on record as the responsible party, &#8220;it will be on the hook for the full cleanup expenses.&#8221;</p>
<p>
<strong>Sources</strong>: <em>Business Insider</em>,</p>
]]></content:encoded>
			<wfw:commentRss>http://forexfloor.org/finance/the-new-oil-spill-in-the-gulf-of-mexico-the-week.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The real March Madness: Duke, Uncle Tom, and success as a &#8216;white&#8217; value (The Christian Science Monitor)</title>
		<link>http://forexfloor.org/finance/the-real-march-madness-duke-uncle-tom-and-success-as-a-white-value-the-christian-science-monitor.html</link>
		<comments>http://forexfloor.org/finance/the-real-march-madness-duke-uncle-tom-and-success-as-a-white-value-the-christian-science-monitor.html#comments</comments>
		<pubDate>Fri, 25 Mar 2011 03:52:43 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[concert]]></category>
		<category><![CDATA[daughter]]></category>
		<category><![CDATA[michigan]]></category>
		<category><![CDATA[spring]]></category>

		<guid isPermaLink="false">http://forexfloor.org/uncategorized/the-real-march-madness-duke-uncle-tom-and-success-as-a-white-value-the-christian-science-monitor.html</guid>
		<description><![CDATA[ New York &#8211; A few summers ago, I took my daughter and a few of her friends to see the rapper Lil Wayne in concert. He bounded onto the stage in a blaze of blinking lights, then served up the usual menu of songs about gangsters, hustlers, and pimps. And the mostly white audience cheered]]></description>
			<content:encoded><![CDATA[<p>Forexfloor.org
<div>
<p>New York &ndash; A few summers ago, I took my daughter and a few of her friends to see the rapper Lil Wayne in concert. He bounded onto the stage in a blaze of blinking lights, then served up the usual menu of songs about gangsters, hustlers, and pimps.</p>
<p>And the mostly white audience cheered.</p>
<p>Why? There were many reasons, I’m sure, but here’s the most troubling one: The images in the songs confirmed white listeners’ lowly view of black people. That put me into a deep funk, which continued long after the concert was over.</p>
<p>Now I’m in a funk again, thanks to remarks about Duke University basketball by Jalen Rose. In a new ESPN documentary about the so-called “Fab Five” hoops team at the University of Michigan in the early 1990s, Mr. Rose (a member of the Fab Five) says that he and the other African-Americans on the Michigan squad believed that Duke “only recruited black players who were Uncle Toms.”</p>
<p>Rose singled out the former Duke standout Grant Hill, noting that Mr. Hill grew up in a two-parent household and that his mother and father had both attended college. The comment drew a calm but pointed rebuke last week from Hill, who cautioned Rose against “stereotyping” black people.</p>
<p>Meanwhile, Internet chat rooms lit up with debate about Rose’s comments. Was he just “keepin’ it real,” describing the way young black males from hardscrabble circumstances view the world? Or did the comments signal something more sinister in the black community, which too often stigmatizes successful African-Americans as somehow less than black?</p>
<p>Are &#8216;real&#8217; blacks uneducated with single-parents?These are all good questions, but they ignore the role of the white community in this scenario. And that’s too bad, because Rose’s comments – like many rap songs – reinforce every anti-black prejudice in the white mind.</p>
<p>If African-Americans with two-parent families and formal education are somehow sellouts or Uncle Toms, after all, that means “real” or authentic blacks are uneducated people who live in single-parent homes. If you were a white person who openly despised African-Americans, wouldn’t that be sweet music to your ears?</p>
<p>And it’s not just outright racists who groove to the tune. It finds a different kind of audience among well-meaning liberals in the academy, who frequently describe the kinds of virtues exemplified by Hill’s family – hard work, marital stability, and an emphasis upon education – as “white middle-class values.” In this argument, low rates of education and higher rates of single-parenthood are part of African-American culture; so any effort to change them reflects an imposition of “white” values upon black people.</p>
<p>Give the rising black middle class creditThat’s a slur against the Hills and the millions of other African-Americans who have risen into the black middle class over the past half-century. More African-Americans now live in suburban Prince George’s County, Maryland than in Washington D.C. And they got there just like other Americans did: through strong families, individual persistence, and – yes – formal education.</p>
<p>Given all the obstacles in their way, indeed, black people have probably needed more of these qualities than anybody else. By calling such values “white,” then, we diminish African-Americans’ remarkable triumph in the face of massive bigotry.</p>
<p>Worst of all, we aid and abet the same prejudice. And prejudice is prejudice, whether it comes from an avowed white racist or from a sympathetic white liberal. One thinks that blacks are too lazy and unintelligent to make it in the world, while the other thinks “white” standards of achievement unfairly penalize African-Americans. But both arguments discount the deep traditions of determination and accomplishment at the heart of African-American life.</p>
<p>To his credit, Rose has emphasized that he no longer thinks educated African-Americans are Uncle Toms. And Rose has put his money where his mouth his, donating millions to a charter school in his native Detroit.</p>
<p>Consciously (or unconsciously) applauding stereotypesLast Sunday, as fate would have it, Michigan squared off against Duke in the NCAA tournament. Commentators billed it as a rematch of the 1992 national championship, in which the Blue Devils thumped Rose and the “Fab Five.”</p>
<p>Duke came out on top again this time, led by Nolan Smith’s 24 points. The product of a single-parent black household, Mr. Smith is graduating in the spring with a degree in African-American Studies. An Uncle Tom? Please.</p>
<p>But as this sad episode has demonstrated, plenty of black people still think that an educated and successful African-American is just “acting white.” The “real” blacks are down in the “hood,” immersed in drugs and crime and irresponsible sex.</p>
<p>And, lest we forget, plenty of white people agree. You can see them at any rap concert, shucking and jiving to the most bigoted stereotypes in the American racial lexicon. Every time an African-American indulges in these images, a white person consciously – or unconsciously – applauds. And that might be the most upsetting image of all.</p>
<p>Jonathan Zimmerman teaches history and education at New York University. He is the author most recently of “Small Wonder: The Little Red Schoolhouse in History and Memory.”</p>
</p></div></p>
]]></content:encoded>
			<wfw:commentRss>http://forexfloor.org/finance/the-real-march-madness-duke-uncle-tom-and-success-as-a-white-value-the-christian-science-monitor.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

