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wonklife:

(via 50 Years Of Government Spending, In 1 Graph : Planet Money : NPR)

wonklife:

(via 50 Years Of Government Spending, In 1 Graph : Planet Money : NPR)

barackobama:

Student debt at colleges and universities across the nation: a pretty stunning visualization from the New York Times.

barackobama:

Student debt at colleges and universities across the nation: a pretty stunning visualization from the New York Times.

May 9

theatlantic:

Shep Smith’s Reaction to Obama Was Not Your Typical Fox News

The fortuitous timing of President Obama’s announcement on same sex marriage meant that it came during Shepard Smith’s show on Fox News, giving him the first incredible reaction on the network. Shep played the clip of Obama’s statement that was aired on ABC, then declared: ”the President of the United States, now in the 21st century.” Then while discussing the clip with reporter Brett Bair asked if the GOP could campaign on the issue ”while sitting very firmly, without much question, on the wrong side of history on it.”

Read more at The Atlantic Wire.

May 7
cheatsheet:

theatlantic:

The Funniest Graph About Why the Euro Is Totally Doomed

If you spun a globe and stopped your finger 12 times on 12 random countries, they just might make more sense for a monetary union than the euro zone. That’s the conclusion from this awesomely clever chart showing the difficulty, and maybe impossibility, of the euro experiment.
Here is what this chart shows. Compared across more than 100 factors measured by the World Economic Forum Global Competitiveness Report, from corruption to deficits, JP Morgan analyst Michael Cembalest calculates that the major countries on the euro are more different from each other than basically every random grab bag of nations there is, including: the make-believe reconstituted Ottoman Empire; all the English speaking Eastern and Southern African countries; and all countries on Earth at the 5th parallel north.And here is your tweetable fact: A monetary union might make more sense for every nation starting with the letter “M” than it does for the euro zone. 
Read more.


Ottoman Empire FTW. 

cheatsheet:

theatlantic:

The Funniest Graph About Why the Euro Is Totally Doomed

If you spun a globe and stopped your finger 12 times on 12 random countries, they just might make more sense for a monetary union than the euro zone. 

That’s the conclusion from this awesomely clever chart showing the difficulty, and maybe impossibility, of the euro experiment.

Here is what this chart shows. Compared across more than 100 factors measured by the World Economic Forum Global Competitiveness Report, from corruption to deficits, JP Morgan analyst Michael Cembalest calculates that the major countries on the euro are more different from each other than basically every random grab bag of nations there is, including: the make-believe reconstituted Ottoman Empire; all the English speaking Eastern and Southern African countries; and all countries on Earth at the 5th parallel north.

And here is your tweetable fact: A monetary union might make more sense for every nation starting with the letter “M” than it does for the euro zone. 

Read more.

Ottoman Empire FTW. 

May 1

What some of us want—those who aren’t blinded by a lot of bullshit persiflage thrown up to mask the idea that rich folks want to keep their damn money—is for you to acknowledge that you couldn’t have made it in America without America. That you were fortunate enough to be born in a country where upward mobility is possible (a subject upon which Barack Obama can speak with the authority of experience), but where the channels making such upward mobility possible are being increasingly clogged. That it’s not fair to ask the middle class to assume a disproportionate amount of the tax burden. Not fair? It’s un-f—king-American, is what it is. I don’t want you to apologize for being rich; I want you to acknowledge that in America, we all should have to pay our fair share. That our civics classes never taught us that being American means that—sorry, kiddies—you’re on your own. That those who have received much must be obligated to pay—not to give, not to “cut a check and shut up,” in Gov. Christie’s words, but to pay—in the same proportion.

- Stephen King scolds the superrich (including himself—and Mitt Romney) for not giving back, and warns of a Kingsian apocalyptic scenario if inequality is not addressed in America. Stephen King FTW! (via cheatsheet)

(Source: thedailybeast.com)

fotojournalismus:

An anti-government protester looks on from inside his tent at Taghyeer (Change) Square, where protesters have been camping for more than a year, to demand regime change in Sanaa, Yemen, April 23, 2012.
[Credit : Khaled Abdullah/Reuters]

fotojournalismus:

An anti-government protester looks on from inside his tent at Taghyeer (Change) Square, where protesters have been camping for more than a year, to demand regime change in Sanaa, Yemen, April 23, 2012.

[Credit : Khaled Abdullah/Reuters]

msnbc:

Warren Buffett tells investors he has cancer
Warren Buffett, the billionaire investor known as much for his folksy wisdom as his investing prowess, announced Tuesday that he has been diagnosed with cancer.
In a letter to shareholders, Buffett, 81, said that he had been diagnosed with stage I prostate cancer.
“The good news is that I’ve been told by my doctors that my condition is not remotely life-threatening or even debilitating in any meaningful way,” Buffett said in the letter.
Image: Nati Harnik / AP

msnbc:

Warren Buffett tells investors he has cancer

Warren Buffett, the billionaire investor known as much for his folksy wisdom as his investing prowess, announced Tuesday that he has been diagnosed with cancer.

In a letter to shareholders, Buffett, 81, said that he had been diagnosed with stage I prostate cancer.

“The good news is that I’ve been told by my doctors that my condition is not remotely life-threatening or even debilitating in any meaningful way,” Buffett said in the letter.

Image: Nati Harnik / AP

BREAKING: Rick Santorum drops 2012 campaign for president

(Source: politico)

Apr 9

Mark Zuckerberg: Facebook acquires Instagram

reuters:

From Facebook’s Mark Zuckerberg:

I’m excited to share the news that we’ve agreed to acquire Instagram and that their talented team will be joining Facebook.

For years, we’ve focused on building the best experience for sharing photos with your friends and family. Now, we’ll be able to work even more closely with the Instagram team to also offer the best experiences for sharing beautiful mobile photos with people based on your interests.

We believe these are different experiences that complement each other. But in order to do this well, we need to be mindful about keeping and building on Instagram’s strengths and features rather than just trying to integrate everything into Facebook.

Apr 6

michaelhayes:

An Virginia-based Navy F-18 Hornet crashed into an elderly apartment complex in Virginia Beach today. Five buildings were set ablaze. Both pilots ejected safely, however, and no fatalities have been reported. 

ABC News 7 says 6 people, including the pilots, were taken to a local hospital and treated for injuries. 

Check out 10 insane pictures from the crash site