XIAM007

Making Unique Observations in a Very Cluttered World

Wednesday, 6 March 2013

Popular gel manicure may be a 'cancer risk' -


Popular gel manicure may be a 'cancer risk' - 


Pricey gel manicures that prevent nails from chipping are all the rage — but they can actually increase the risk of skin cancer, according to a disturbing warning from a doctor at the NYU School of Medicine.
The lengthy dose of UV light used to dry the gel is known to damage skin cells much the same way as tanning beds, assistant professor of dermatology Dr. Chris Adigun of the Ronald O. Perelman Department of Dermatology says.
“Women who frequently get gel manicures should consider their skin-cancer risk because the UV light needed to cure the gel manicure is a risk factor for skin cancer,” she wrote in a recent article in the Journal of the American Academy of Dermatology.
LED lamps are used in drying regular nail polish and don’t pose a health risk because they don’t emit ultraviolet radiation. Some skin cancers are caused by exposure to certain ultraviolet light.
Having a gel manicure can be so risky that Adigun warns women to apply sunscreen on their hands “to decrease the consequences of chemical trauma.”
“As is the case with most things, moderation is the key when it comes to gel manicures,” she said. “If you get them regularly, you need to be aware of the possible consequences.”
Gel manicures are popular because they don’t chip and they last at least twice as long as regular nail polish. They range in price from $25 to $45.
Two middle-aged women, who did not have a history of skin cancer, developed tumors on their hands following exposure to UV nail lights, according to research published in JAMA Dermatology in 2009 .
Another concern is that no one knows what is the proper dose of these harmful rays because the UV lamps are not regulated.
Also, because of the its lasting durability, the gel can camouflage nail brittleness, thinning and cracking.
“In general, any manicure left in place for an extended period of time is not a good idea because you are not seeing what is going on underneath the nail polish,” Adigun said.


Read more: - 
http://www.foxnews.com/health/2013/03/06/popular-gel-manicure-may-be-cancer-risk/?test=latestnews

Mega mosquitoes set to invade Central Florida - Researchers say mosquito is 20 times the size of normal mosquito -


Mega mosquitoes set to invade Central Florida - Researchers say mosquito is 20 times the size of normal mosquito - 


Mega mosquitoes known as gallinippers could invade Central Florida this summer as flood waters from tropical storms force the larvae to hatch this hurricane season.

Entomologists at the University of Florida say the mosquitoes are 20 times the size of a typical mosquito, about the size of a quarter.

They also pack a painful bite, according to UF entomologist Phil Kaufman. He calls the species "notoriously aggressive."

The best way to protect against these super-sized mosquitoes is to wear bug spray with DEET and cover up as best as possible.

Gallinippers were spotted last year in Florida after Tropical Storm Debbie doused the state, but scientists predict they'll make an appearance again this summer.

According to Kaufman and his team one good thing about these mosquitoes is that they aren't known to carry any viruses that could be harmful to humans.

Still people who enjoy the outdoors are not looking forward to the insects.

"That kind of makes the summer not that exciting. I'm not looking forward to that anymore," said Stephanie McNatt.

Read more - 
http://www.clickorlando.com/news/UF-Researcher-Mega-mosquitoes-set-to-invade-Central-Fla/-/1637132/19196520/-/y0c9ydz/-/index.html

One Hundred And Eighteen Million Dollars An Hour -


One Hundred And Eighteen Million Dollars An Hour - 


That is how much money the Federal Reserve Bank of the United States is creating as you wake, work or sleep. That is $85 billion a month and the stuff must go somewhere. It pours out like sugar upon the markets, each market, every market and it is no wonder that the American stock markets are hitting new highs. The spice must flow.

In the bond markets it is low interest rates and compression, a vice closing in progress, as each sector of the Fixed Income markets grinds closer and closer to Treasuries. It is real, it is not an avarice, but it is also the most manipulated market in the history of our country and something that could not be accomplished in other responses to Recessions because the world’s central banks had never worked in this kind of collective action before. It is not earnings and it is not technicals; it is just money and vast quantities of it that come pouring out of Washington each day. The United States found manna from Heaven.

The initial call had been for Inflation, even Hyper-Inflation from some well-known thinkers. It has not happened and the reason, I postulate, is because the underlying economy is in far worse shape than the numbers indicate or most think. The earnings at corporations also rely upon this injection of capital and so the whole boats floats but the underpinnings are shaky, risky and fraught with danger. Any hint of curtailment by the Fed throws out tremors as everyone wonders for how long this will go on and will the rising tide turn to a flood and upset the American boat. It is a very good question. The other possibility is an “Event;” some shattering moment that punctures the hull and sends the whole enterprise into a waterspout where the boat is sucked up into a vortex that will certainly not be Oz.  

I play the game. The Rule is to win and not to be eventually right and lose your capital during the process. The compression in bonds has been an absolutely winning hand and in many cases a better bet than equities have been. One of the interesting reasons for this has been the structure of bonds as compared with equities or preferred stocks. Bonds accrue interest every day while dividends are paid quarterly with no accrual. Consequently if you are trading bonds and taking advantage of what you can the accrual part of the equation can add to your winnings in a substantial fashion when interest rates are this low.

There are two maxims in operation now. The first is that euphoria continues on right up until the day when it does not. In the last go-round the “Event” was Lehman and the music stopped. The second maxim is that there is not strategy that wins forever. Frequently the winning bet of last year is the losing bet of the next and I always bear this in mind. In this light one also looks at the Fed; will this outpouring of money go on forever? Fairy godmothers are children’s tales and when someone offers you the glass slippers; let me know.

I have been asked numerous times why the Fed’s balance sheet can’t be thirty trillion dollars and so the game continues. The answer is that it can be but, and a very big but, is that the debt of the United States would also be ten times the size it is now and it would have to be serviced by an economy that only has so many resources as the debt to GDP ratio of the country would be out of sight. Perhaps if Europe and Asia expanded their balance sheets by ten times as well so that on a relative basis everything remained in tandem it could happen but the amount of debt issued by our Treasury would be at levels that would portend some kind of nightmare scenario.

The catch here is the amount of debt that would be created along with the creation of money and that is where the game halts or reverses the course. I suppose it is theoretically possible that the Fed bought all of every new issue, bought 100% of each new Treasury or Agency offering but there are consequences for that kind of behavior that, while unknown, would disrupt private capital in some very significant ways. It would no longer be, and we are close to it now in my opinion, that the Fed is “the lender of last resort” but the only important lender in town. What would it be; JP Morgan at Treasuries +1, Bank of America at Treasuries +2 and Morgan Stanley at Treasuries +3? The boys are driving the train in that direction as risk becomes quite secondary to the money in the system that must be utilized.

Read more - 
http://www.zerohedge.com/news/2013-03-06/one-hundred-and-eighteen-million-dollars-hour

New York's Homelessness Worst Since The Great Depression -


New York's Homelessness Worst Since The Great Depression - 


State and local governments nationwide have struggled to accommodate a homeless population that has changed in recent years - now including large numbers of families with young children. As the WSJ reports, more than 21,000 children - an unprecedented 1% of the city's youth - slept each night in a city shelter in January, an increase of 22% in the past year; as homeless families now spend more than a year in a shelter, on average, for the first time since 1987. New York City has seen one of the steepest increases in homeless families in the past decade, advocates said, growing 73% since 2002, and "is facing a homeless crisis worse than any time since the Great Depression."

Homeless advocates said the Obama administration has focused on more visible problems, such as those sleeping on the streets, taking resources away from families. The steep rise has reignited questions about whether New York's economic turnaround of the past two decades has helped the city's poorest residents as they note (despite today's Dow record highs), "the economy is nowhere near where it was."

The blame apparently lies at the cessation of 'entitlements' as the DHS adds, since the end - in Spring 2011 - of a state-funded program that subsidized rent for people leaving shelters; homeless families have gone up 35%; but they also added that the city was working to find employment for the homeless, "a long-term solution." Boston and Washington DC are also seeing homeless numbers surge.

An average of more than 50,000 people slept each night in New York City's homeless shelters for the first time in January, a record that underscores an unsettling national trend: a rising number of families without permanent housing.

Families have become a larger share of the nation's homeless population, growing 1.4% from 2011 to 2012, after their numbers fell as the economy emerged from recession.

More than 21,000 children—an unprecedented 1% of the city's youth—slept each night in a city shelter in January, an increase of 22% in the past year, the report said, while homeless families now spend more than a year in a shelter, on average, for the first time since 1987. In January, an average of 11,984 homeless families slept in shelters each night, a rise of 18% from a year earlier.

"New York is facing a homeless crisis worse than any time since the Great Depression," said Mary Brosnahan, president of the Coalition for the Homeless.

New York City has seen one of the steepest increases in homeless families in the past decade, advocates said, growing 73% since 2002.

The steep rise has reignited questions about whether New York's economic turnaround of the past two decades has helped the city's poorest residents.

"The economy is nowhere near where it was," said Seth Diamond, commissioner of the city's Department of Homeless Services. He pointed to the end of a state-funded program that subsidized rent for people leaving shelters, which ended in spring 2011; homeless families have gone up 35% since, according to shelter records.

Read more - 

Billionaires are quietly dumping their American stocks . . . and fast -


Billionaires are quietly dumping their American stocks . . . and fast - 


Despite the 6.5% stock market rally over the last three months, a handful of billionaires are quietly dumping their American stocks . . . and fast.

Warren Buffett, who has been a cheerleader for U.S. stocks for quite some time, is dumping shares at an alarming rate. He recently complained of “disappointing performance” in dyed-in-the-wool American companies like Johnson & Johnson, Procter & Gamble, and Kraft Foods.

In the latest filing for Buffett’s holding company Berkshire Hathaway, Buffett has been drastically reducing his exposure to stocks that depend on consumer purchasing habits. Berkshire sold roughly 19 million shares of Johnson & Johnson, and reduced his overall stake in “consumer product stocks” by 21%. Berkshire Hathaway also sold its entire stake in California-based computer parts supplier Intel.

With 70% of the U.S. economy dependent on consumer spending, Buffett’s apparent lack of faith in these companies’ future prospects is worrisome. 

Unfortunately Buffett isn’t alone.

Fellow billionaire John Paulson, who made a fortune betting on the subprime mortgage meltdown, is clearing out of U.S. stocks too. During the second quarter of the year, Paulson’s hedge fund, Paulson & Co., dumped 14 million shares of JPMorgan Chase. The fund also dumped its entire position in discount retailer Family Dollar and consumer-goods maker Sara Lee.

Finally, billionaire George Soros recently sold nearly all of his bank stocks, including shares of JPMorgan Chase, Citigroup, and Goldman Sachs. Between the three banks, Soros sold more than a million shares.

So why are these billionaires dumping their shares of U.S. companies? 

After all, the stock market is still in the midst of its historic rally. Real estate prices have finally leveled off, and for the first time in five years are actually rising in many locations. And the unemployment rate seems to have stabilized. 

It’s very likely that these professional investors are aware of specific research that points toward a massive market correction, as much as 90%.

Read more - 
http://www.moneynews.com/MKTNews/billionaires-dump-economist-stock/2012/08/29/id/450265?PROMO_CODE=110D8-1&utm_source=taboola

Tuesday, 5 March 2013

TSA Sealed $50-Million Sequester-Eve Deal to Buy New Uniforms - and will be partly manufactured in Mexico -


TSA Sealed $50-Million Sequester-Eve Deal to Buy New Uniforms - and will be partly manufactured in Mexico - 


The impending sequester did not prevent the Transportation Security Administration (TSA)  from acting in late February to seal a $50-million deal to purchase new uniforms for its agents--uniforms that will be partly manufactured in Mexico.

Soon after this new investment in TSA uniforms, Homeland Security Secretary Janet Napolitano warned Americans that the lines are already lengthening at airports due to the sequester.

"We are already seeing the effect on the ports of entry, the big airports for example," Napolitano told Politico on Monday. "Some of them had very long lines this weekend."

"Look people, I don't mean to scare, I mean to inform," Napolitiano said."If you're traveling, get to the airport earlier than you otherwise would. There's only so much we can do with personnel and please don't yell at the customs officers, the TSA officers. They aren't responsible for sequester."

On Feb. 27, the agency announced that on Feb. 22 it had awarded a one-year contract to VF Imagewear, Inc., which owns the Lee brand and Wrangler Hero, to provide the uniforms. “This contract will address the requirements of the TSA, Office of Security Operations, TSA Uniform Program,” the award states.

The TSA employs 50,000 security officers, inspectors, air marshals and managers. That means that the uniform contract will pay the equivalent of $1,000 per TSA employee over the course of the year.

This is not the first time VF Imagewear has been commissioned to make TSA uniforms. The company secured a $98 million contract in 2010 that expired on Feb. 17, 2013.

The latest contract will run until Feb. 17, 2014, with a one-year optional transitional period. By next year, the DHS hopes to have TSA and Customs and Border Protection (CBP) secure their uniforms with a single combined contract.

Read more - 
http://cnsnews.com/news/article/tsa-sealed-50-million-sequester-eve-deal-buy-new-uniforms

U.S. Attorney General Eric Holder says - Drone strikes against Americans on U.S. soil are Legal -


U.S. Attorney General Eric Holder says - Drone strikes against Americans on U.S. soil are Legal - 


Attorney General Eric Holder can imagine a scenario in which it would be constitutional to carry out a drone strike against an American on American soil, he wrote in a letter to Sen. Rand Paul, R-Ky.

“It is possible, I suppose, to imagine an extraordinary circumstance in which it would be necessary and appropriate under the Constitution and applicable laws of the United States for the President to authorize the military to use lethal force within the territory of the United States,” Holder replied in a letter yesterday to Paul’s question about whether Obama “has the power to authorize lethal force, such as a drone strike, against a U.S. citizen on U.S. soil, and without trial.”

Paul condemned the idea. “The U.S. Attorney General’s refusal to rule out the possibility of drone strikes on American citizens and on American soil is more than frightening – it is an affront the Constitutional due process rights of all Americans,” he said in a statement.

Holder noted that Paul’s question was “entirely hypothetical [and] unlikely to occur,” but cited the September 11, 2001 terrorist attacks as the type of incidents that might provoke such a response.

“Were such an emergency to arise, I would examine the particular facts and circumstances before advising the President on the scope of his authority,” he concluded.

Sen. Mike Lee, R-Utah, an attorney and Judiciary Committee member, told The Washington Examiner last month that the drone policy so far outlined by the administration is too vague.

“That has the potential to swallow the rule,” Lee said after the drone program white paper was leaked. “If you’re going to regard somebody as presenting an imminent threat of an attack on the U.S. simply because you have concluded that they are an ‘operational leader’ or they are involved in planning an attack in one way or another, you find yourself giving way to much discretion to the government.”

Lee said that the White House should release the formal legal analysis underpinning the drone program. “We know that in some instances where the government has released its legal analysis, it gets it wrong,” he said.

Read more - 
http://washingtonexaminer.com/eric-holder-drone-strikes-against-americans-on-u.s.-soil-are-legal/article/2523319

The Last Time The Dow Was Here... -


The Last Time The Dow Was Here... - 


"Mission Accomplished" - With CNBC now lost for countdown-able targets (though 20,000 is so close), we leave it to none other than Jim Cramer, quoting Stanley Druckenmiller, to sum up where we stand (oh and the following list of remarkable then-and-now macro, micro, and market variables), namely that "we all know it's going to end badly, but in the meantime we can make some money" - ZH translation: "just make sure to sell ahead of everyone else", just like everone sold ahead of everyone else on October 11th 2007, the last time stocks were here...

Dow Jones Industrial Average: Then 14164.5; Now 14164.5
Regular Gas Price: Then $2.75; Now $3.73
GDP Growth: Then +2.5%; Now +1.6%
Americans Unemployed (in Labor Force): Then 6.7 million; Now 13.2 million
Americans On Food Stamps: Then 26.9 million; Now 47.69 million
Size of Fed's Balance Sheet: Then $0.89 trillion; Now $3.01 trillion
US Debt as a Percentage of GDP: Then ~38%; Now 74.2%
US Deficit (LTM): Then $97 billion; Now $975.6 billion
Total US Debt Oustanding: Then $9.008 trillion; Now $16.43 trillion
US Household Debt: Then $13.5 trillion; Now 12.87 trillion
Labor Force Particpation Rate: Then 65.8%; Now 63.6%
Consumer Confidence: Then 99.5; Now 69.6
S&P Rating of the US: Then AAA; Now AA+
VIX: Then 17.5%; Now 14%
10 Year Treasury Yield: Then 4.64%; Now 1.89%
EURUSD: Then 1.4145; Now 1.3050
Gold: Then $748; Now $1583
NYSE Average LTM Volume (per day): Then 1.3 billion shares; Now 545 million shares

Read more - 
http://www.zerohedge.com/news/2013-03-05/last-time-dow-was-here

Why sex is a 'better headache cure rather than painkillers'


Why sex is a 'better headache cure rather than painkillers'

A team of neurologists found that sexual activity can lead to “partial or complete relief” of head pain in some migraines.
The study, from the University of Munster, Germany, suggests that instead of using a sore head as an excuse to refuse sex, making love can be more effective than taking painkillers.
Their research, reported in Cephalalgia, the journal of the International Headache Society, found that more than half of migraine sufferers who had sex during an episode experienced an improvement in symptoms.
One in five patients left without any pain at all, while others, in particular male sufferers “even used sexual activity as a therapeutic tool”, they added.
They suggested that sex triggered the release of endorphins, the body’s natural painkillers, through the central nervous system, which can in turn reduce, or even eliminate, a headache.

“The majority of patients with migraine or cluster headache do not have sexual activity during headache attacks,” the study concluded.
“Our data suggest, however, that sexual activity can lead to partial or complete relief of headache in some migraine and a few cluster headache patients.
“Our results show that sexual activity during a migraine attack might relieve or even stop an attack in some cases, and that sexual activity in the presence of headache is not an unusual behaviour.”
They added: “Sex can abort migraine and cluster headache attacks, and sexual activity is used by some patients as acute headache treatment.”
In their research, titled “The impact of sexual activity on idiopathic headaches: An observational study”, the team of neurologists investigated whether sex can trigger headaches.
They also wanted to establish whether there was any substance to anecdotal suggestions that it could actually ease symptoms of migraine and cluster, also known as one-sided, headaches.
An anonymous questionnaire was sent to 800 random migraine patients and 200 similar cluster headache sufferers.
They asked for experience with sexual activity during a headache attack and its impact on headache intensity.
More than a third of migraine patients had experience with sexual activity during an attack and out of these patients, almost two in three reported an “improvement of their migraine attack”.
Almost three in four reported moderate to complete relief and a third reported it worsening.
Those suffering a cluster headache, almost a third had experience with sexual activity, with 37 per cent reporting an improvement to their condition. More than 90 per cent reported moderate to complete relief while 50 reported worsening.
The researchers added: “Some patients, in particular male migraine patients, even used sexual activity as a therapeutic tool.”

Read more - 
http://www.telegraph.co.uk/health/healthnews/9906594/Why-sex-is-a-better-headache-cure-rather-than-painkillers.html

Mars Mission Aircraft to Carry Poop Bags to Shield Cosmic Rays -


Mars Mission Aircraft to Carry Poop Bags to Shield Cosmic Rays - 
Mars Mission Aircraft to Carry Poop Bags to Shield Cosmic Rays

The journey to Mars is all set to begin in 2018 with two astronauts on 501 days round trip. Countering cosmic rays is a big concern for the Inspiration Mars Foundation team. And to block cosmic rays, the team has found a solution that will see couple astronauts use their own feces.

Taber MacCallum, the Inspiration Mars Foundation's chief technology officer, told New Scientists that poops have great radiation shielding ability and anyways there is no place available for that material to go.

The Mars capsule will be lined with solid and liquid human waste along with food and water to block cosmic rays, he added.

The solid waste will be dehydrated as recycled water will be used for drinking purpose. The dehydrated waste will be kept in the bags to put right against the walls. The drinking water will also be used as shield because nuclei are highly effective to block cosmic rays.

Water has more nuclei-per volume than metal and that is why it’s an effective measure to stay protected from cosmic rays. The waste will line the walls of the craft up to 40 centimeters thick. The trips will, therefore, avoid radiation risks on insemination and child birth of scientists.

Read more - 
http://topnews.ae/content/214987-mars-mission-aircraft-carry-poop-bags-shield-cosmic-rays