Ratings agencies have not been kind to European countries
as they struggle with massive national debt
Few doubt that US ratings agencies contributed greatly to the global financial crisis. Europe is now worried that the euro could also fall victim to credit downgrades — and is exploring the possibility of creating its own ratings agency.
The rating agencies assess and value the credit-worthiness, or ability to pay back a loan, of companies, banks and states. In doing so, the agencies publish ratings as well as assessments of business sectors and management reviews. The most influential rating agencies are Standard & Poor’s (S&P), Moody’s and Fitch, which are known as the “big three.”
Sick but clever!
I harbor the superstitious belief that I will catch a cold from watching TV shows depicting people who are sick. I usually stop watching any program that has someone sniffing and sneezing. But it turns out that looking at images of sick people actually boosts your immune system, according to researchers at the University of British Columbia…
Another Sleek Google Goodie
Mankind appears to be facing a new threat in the form of the so called swine flu. A few years earlier, bird flu and SARS caused panic all over the world. AIDS however has been on the top of the list of “scary” diseases for thirty years.
Where are the projected millions of victims of SARS and bird flu? Where is the much talked about deserted Africa allegedly doomed for total extinction from AIDS? Gor Shirdel, M.D. of Irish descent who is currently practicing in Kiev, has cured two patients from AIDS and has a different view of the situation.
“I don’t believe that AIDS is incurable. Weak immune system is an issue that has been around for at least 200 years. It can be solved. Viruses found in the blood of those with AIDS is not the cause of the disease, it’s a consequence of immunodeficiency.
“The world thinks AIDS is incurable because two doctors, an American Robert Gallo and a Frenchman Luke Montanye, managed to convince the world in the early 1980s that AIDS is caused by “human immune deficiency virus” (HIV). Montanye even received a Nobel Prize for his “discovery.” Yet, they cannot find this virus in the human body. AIDS patients are diagnosed through the tests that register antibodies in blood, not HIV.
Before you download the next pop hit from iTunes, check whether it is hazardous to your health. A teen panel working with the Boston Public Health Commission has set up a “nutrition facts label” rating (like that seen on food items) for songs:
“Music, like food, can feed our brains and give us energy,” said Casey Corcoran, director of the Commission’s Start Strong Initiative. “But songs can affect our health and the health of our relationships.”
The tool, patterned after common food nutritional labels, invites consumers to become song lyric nutritionists by helping them identify relationship ingredients that make up a song. Using printed song lyrics as a guide, users can tally the number of healthy relationship themes, such as respect, equality, and trust, which are present in the song. And, like fattening calories, unhealthy relationship themes – possession, disrespect, and manipulation – are also counted. The number of times these themes are mentioned also factor into to the song’s total nutritional value. Corcoran recommends consuming lots of ‘healthy relationship’ ingredients for a balanced media diet.
The overbearing sickness industry gets scrutinized.
An article in the latest issue of The American Journal of Medicine makes chilling reading, and presents compelling evidence that the US health care system is broken. In 2007, before the current economic downturn even began, an American family filed for bankruptcy in the aftermath of illness every 90 seconds; three-quarters of them were insured. Over 60% of all bankruptcies in the United States in 2007 were driven by medical incidents. Summarising the results of the first-ever national U.S. random-sample survey of bankruptcy filers, the article shows the share of bankruptcies attributable to medical problems rose by 50% between 2001 and 2007. Medical bankruptcy is a unique American phenomenon, which does not occur in countries that have national health insurance…
Whats going to happen when the GPS system crashes?
Ahh, let’s see, maybe get a map or a compass
GPS technology has made leaps and bounds lately – from bicycle computers to the 911 system, many people are relying on the GPS system that’s been orbitting for over 20 years. As early as 2010, the system could begin to fail, with blackouts or just misinformation for the millions of people who use the global positioning system in one form or another. Continue reading… “Coming Soon – GPS System Failure”
When it comes to our tax systems, we are living in caveman times
In the movie The Day After Tomorrow, survivors stranded in a library are easily persuaded to burn the multi-volume IRS Tax Code to stay warm. In this fictional scenario, the question one might ask before securing a match: Why did we wait until the end of the world?
Smart bridges will know when they are in trouble
From mundane traffic overpasses to marvelous feats of soaring engineering, bridges are something we tend to take for granted – until something goes wrong that is. A team from the University of Michigan is leading a five-year, $19 million project to engineer an intelligent infrastructure monitoring system designed to prevent tragedies like the collapse of the Interstate 35 West bridge over the Mississippi river in 2007 in which 13 people were killed and 145 were injured.
Japanese carmaker Toyota has come up with a system that can rouse drivers before they completely drift off while behind the wheel.
Executive SAFE-T Bed
Hollandia International has already impressed the geeks with their Platinum-Luxe Elite sleep system, and it was listed in our Top 10 list of high-tech luxury beds.