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bparksj28

2C-I or 'Smiles': The New Killer Drug Every Parent Should Know About | Healthy Living -... - 0 views

  • "I think [the drugs] just keep changing to try to circumvent the law," Lindsay Wold, a detective with the Grand Forks police department, told Yahoo Shine. "Anytime we try to figure something out, it changes." Since July, her department has launched an awareness campaign in an effort to crack down on 2C-I's growing popularity with teens and young adults in the area. While reports of overdoses have spiked, Wold says it's difficult to measure it's growth in numbers.
  • "Synthetic drugs don't generally show up on drug tests and that's made it popular with young adults, as well as people entering the military, college athletes, or anyone who gets tested for drugs,"
  • "Many of these types of drugs were originally designed for research to be used on animals, not people." In fact, 2C-I was first synthesized by Alexander Shulgin, a psychopharmacologist and scientific researcher. He's responsible for identifying the chemical make-up of the so-called "2C" family, a group of hyper-potent psychedelic synthetics. I
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  • "Drugs used to take longer to get around but now with the internet they can spread by word of mouth online,
  • It's also be blamed for the death of a young man in the same area, who died after repeatedly slamming his body into trees and power line poles while high on the drug.
bparksj28

Bernanke to Congress: Seriously, guys, what are you doing? - 0 views

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    Use this article for HCC Macro next week
bparksj28

Discount Window Borrowings of Depository Institutions from the Federal Reserve (DISCBOR... - 0 views

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    Shows the use of the discount window of the Federal Reserve
bparksj28

Social Security benefits will get small cost of living bump - Oct. 9, 2012 - 0 views

  • The Labor Department will release its September inflation reading on Oct. 16, which is the final of 12 readings used to calculate the cost of living adjustment made annually to benefits. The Social Security Administration will announce the 2013 benefit increase at that time. Benefits increased by 3.6% in 2012, when inflation was higher.
bparksj28

Legalising marijuana: The view from Mexico | The Economist - 0 views

  • AMERICAN elections are watched closely in Mexico, which sends most of its exports and about a tenth of its citizens north of the border.
  • On the same day, voters in Colorado, Oregon and Washington will vote on whether to legalise marijuana—not just for medical use, but for fun and profit.
  • he impact on Mexico could be profound. Between 40% and 70% of American pot is reckoned to be grown in Mexic
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  • the American marijuana business brings in about $2 billion a year to Mexico’s drug traffickers.
  • That makes it almost as important to their business as the cocaine trade, which is worth about $2.4 billion.
  • Many Mexicans therefore wonder if America might consider a new approach. Felipe Calderon, the president, has said that if Americans cannot bring themselves to stop buying drugs, they ought to consider “market alternatives”, by which he means legalisation. Vicente Fox and Ernesto Zedillo, the two previous presidents of Mexico, have reached the same conclusion.
  • About 60,000 have been killed by organised crime during the past six years. Thousands more have disappeared.
  • In Mexico relatively few people take drugs. But many are murdered as a result of the export business.
  • Would Mexico’s bandits find themselves undercut by “El Cártel de Seattle”?
  • Mexico’s traffickers would lose about $1.4 billion of their $2 billion revenues from marijuana.
  • The cost of illegally transporting the drug adds about $500 per kilo for every thousand kilometres that the drug is hauled, it calculates, based on the fact that pot gets pricier the further you get from the Mexican border
  • So smuggling legal Washington dope to New York, for instance, would add about $1,900 to the cost of a kilo, giving a total wholesale price not much below $4,000.
  • That would make it more expensive than imported Mexican pot. But home-grown marijuana is much better quality than the Mexican sort. The content of tetrahydrocannabinol (THC), the part that gives you the giggles, is between 10% and 18%, whereas in Mexican pot it is only about 4% to 6%.
  • Once you adjust for quality, Washington pot would be about half the price of the Mexican stuff, even after it had made its expensive illegal journey to New York.
  • It calculates that the cost of growing marijuana legally is about $880 per kilo. Adding on a decent mark-up, plus the taxes that would be applied, it puts the wholesale price of Washington marijuana at just over $2,000 per kilo.
  • the Sinaloa “cartel” would lose up to half its total income,
  • . Exports of other drugs, from cocaine to methamphetamine, would become less competitive, as the traffickers’ fixed costs (from torturing rivals to bribing American and Mexican border officials) would remain unchanged, even as marijuana revenues fell.
  • Legalisation could, in short, deal a blow to Mexico’s traffickers of a magnitude that no current policy has got close to achieving. The stoned and sober alike should bear that in mind when they cast their votes on Tuesday.
bparksj28

United States Debt Clock November 2012 - 0 views

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    Debt Clock
bparksj28

Is There Hope for High-Debt Economies? - Real Time Economics - WSJ - 0 views

  • . Out of 22 advanced economies in the mix, 14 of them breached the 100% debt-to-GDP threshold at least once between 1875 and 1997. (The high debt came from nat
  • The good news: the nations that built up high debt still exist.
  • The bad news: working off heavy debt loads takes an incredibly long time. Fifteen years after breaching the 100% mark, the median debt-to-GDP ratio was only 10 percentage points lower, the IMF said in a new report released Thursday
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  • Among the countries in the 100% club: Japan, Greece, Italy, Portugal, Ireland and the U.S. (U.S policymakers and credit-rating firms tend to put the U.S. debt-to-GDP ratio at 73%, based on marketable securities held by the public. Gross debt — the $16 trillion figure we see most often — includes money the government owes itself, like for Social Security. But the IMF uses the gross debt figure here.)
bparksj28

Federal Reserve details new round of stress tests - Nov. 16, 2012 - 0 views

  • The Federal Reserve, preparing to embark on its latest round of so-called stress tests, released the details Friday of three economic scenarios it will use to judge the health of the U.S.'s largest lenders.
  • 5% decline in gross domestic product, an unemployment rate of 12% and a volatile stock market which loses half its value.
  • The stress tests are mandated by Dodd-Frank, the financial reform law written in the wake of the 2008 financial crisis that brought down Bear Stearns and Lehman Brothers.
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  • Last year, the Fed's tests showed a majority of the nation's largest banks would be able to weather another deep recession.
  • Ally Financial, Citigroup (C, Fortune 500) and SunTrust (STI, Fortune 500) -- would likely need new capital from either investors or the government in the Fed's adverse economic scenario
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    Dodd-Frank Act - stress test 2012
bparksj28

GDP per capita (current US$) | Data | Table - 0 views

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    Real GDP per capitas - all nations of the world
bparksj28

Higher education: Not what it used to be | The Economist - 0 views

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    Great article about Higher Education in United States
bparksj28

Newsweek to end publication of its print edition - Oct. 18, 2012 - 0 views

  • "Exiting print is an extremely difficult moment for all of us who love the romance of print and the unique weekly camaraderie of those hectic hours before the close on Friday night," she said in the statement. "But as we head for the 80th anniversary of Newsweek next year, we must sustain the journalism that gives the magazine its purpose—and embrace the all-digital future
  • But Brown said reaching readers in the future increasingly depends on the digital version, citing a Pew Research Center survey that said 39% of Americans get their news from an online source. There are forecast to be 70 million computer tablet users by the end of the year, she said, up from 13 million just two years ago.
  • $7.3 million operating loss
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