Texting While Driving Now More Deadly Than Drinking And Driving... -

Texting While Driving Now More Deadly Than Drinking And Driving... - 


Texting while driving has now surpassed drinking and driving as the leading cause of death among teens, according to a new study.

More than 3,000 teens die annually from texting while driving, compared to about 2,700 for driving under the influence of alcohol, according to a study by Cohen Children’s Medical Center in New Hyde Park.

Despite a national ad campaign and a national dialogue on the dangers, the study reveals stunning new numbers: 50 percent of students text while driving and half of high school kids who drive said they text behind the wheel, CBS 2′s Carolyn Gusoff reported.

“The reality is kids aren’t drinking seven days per week — they are carrying their phones and texting seven days per week, so you intuitively know this a more common occurrence,” Dr. Andrew Adesman, Chief Developmental and Behavioral Pediatrics, Cohen Children’s Medical Center told Gusoff.

Adesman, the chief author of the study, found that laws against texting while driving are not effective. Fifty-seven percent of boys said they text while driving in states with texting laws, and 59 percent  said they text while driving in states that don’t have texting laws, according to the study.

Many are not surprised by the results.

“People are texting and driving all the time,” one man told WCBS 880′s Mike Xirinachs. “I don’t know the exact way to do it, but something’s gotta be done.”

“Every single day I see it,” one driver said. “People driving along, texting, talking on their phone. They’re not supposed to do it, but they do it — kids, grown-ups, everybody does it.”

“I’ve seen it firsthand, it does cause accidents, it’s dangerous and it’s irresponsible,” a former police officer told 1010 WINS’ John Montone. “A vehicle is a weapon, just as a gun or a knife, and you can kill people. You don’t deserve to have a driver’s license and that level of responsibility where you can kill people if you’re not willing to take precautions, such as not texting and driving.”

Read more - 
http://newyork.cbslocal.com/2013/05/09/study-texting-and-driving-kills-more-teens-annually-than-drinking-and-driving/

A handful of billionaires are quietly dumping their American stocks . . . and fast -

A handful of 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.blacklistednews.com/Billionaires_Dumping_Stocks%2C_Economist_Knows_Why/25901/0/0/0/Y/M.html

Men's underwear that smells like musk and pears? - French company crowdfunds scented underwear for men -

Men's underwear that smells like musk and pears? - French company crowdfunds scented underwear for men - 


Men's underwear that smells like musk and pears? That's the idea behind "The Indomitable," new scented underwear for men.

Le Slip Francais, a company that boasts "made in France" men's underwear, turned to crowdfunding website My Major Company to raise the capital for its scented gitch.

As of Thursday, it already raised more than 19,500 euros ($25,750), more than 9,000 euros ($11,800) more than it asked for.

"With our initial success and our 20,000 briefs sold in our first year in 2012, we again provoke fate by developing a revolutionary technology never seen before in France: Briefs that smell good!" reads the bid.

Le Slip Francais said it plans to take its 100% cotton man-things, which are knit in the Lille region of France, and inject micro-capsules of homemade perfume into them.

The capsules will release the scent as the wearer moves around, and the company promises the smell will last 30 washes.

Read more - 

http://www.stcatharinesstandard.ca/2013/05/09/french-company-crowdfunds-scented-underwear-for-men#