Bank for International Settlements fears fresh Lehman crisis from worldwide debt surge

BIS chief fears fresh Lehman from worldwide debt surge – Telegraph40pc of syndicated loans are to sub-investment grade borrowers The disturbing twist in this cycle is that China, Brazil, Turkey and other emerging economies have succumbed to private credit booms of their own, partly as a spill-over from quantitative easing in the West. Their debt ratios have risen 20 percentage points as well, to 175pc.

Embedly Powered

Meditating really does work – and you’ll see a difference in just three days, say researchers

Stressed? Meditating really does workResearchers found 25 minutes of mindful meditation for three consecutive days alleviated psychological stress By Mark Prigg Meditating can have an almost instant effect on reducing stress, researchers have found. They say three consecutive days of 25 minute sessions can have a dramatic effect.

Embedly Powered

The Senate Judiciary Committee Just Backed an Amendment to Overturn ‘Citizens United’

The Senate Judiciary Committee Just Backed an Amendment to Overturn ‘Citizens United’ | Blog | BillMoyers.comThis post originally appeared at The Nation. Constitutional amendments are often proposed but rarely advanced to the stage of serious debate. What moves any meaningful amendment from mere paperwork to serious consideration is the popular will of the great mass of Americans.

Embedly Powered

County intends to join lawsuit over recording fees

County intends to join lawsuit over recording feesLuzerne County has lost out on millions of dollars in recording fees over the past decade and intends to join a class-action lawsuit targeting the banking industry’s mortgage database, the recorder of deeds said Friday. The class-action lawsuit, which was brought by the Montgomery County recorder of deeds, alleges that MERSCORP Holdings, Inc.

Embedly Powered

Five men suing Obama administration after falling into ‘suspicious activity’ file

Five men suing Obama administration after falling into ‘suspicious activity’ fileAFP Photo / Stan Honda From photographing public works of art to bulk-buying computers, five Americans now have a record on file with US intelligence agencies for carrying out everyday activities. Thousands of unsuspecting Americans are also tagged in the database.

Embedly Powered

via Rt

The Looming Foreclosure Crisis: As the Fed Runs Out of Bullets, Local Governments Are Stepping In

OpEdNews Article: Article: The Looming Foreclosure Crisis: As the Fed Runs Out of Bullets, Local Governments Are Stepping InMortgage debt overhang from the housing bust has meant lack of middle-class spending power and consumer demand, preventing the economy from growing. The problem might be fixed by a new approach from the Fed. But if the Fed won’t act, counties will, as seen in the latest developments on eminent domain and litigation over MERS.

Embedly Powered

Elizabeth Warren says the U.S. economy is rigged

Elizabeth Warren says the U.S. economy is rigged. Many conservatives agree.Sen. Elizabeth Warren (D-Mass.) has built a sizable political profile – including the requisite presidential speculation – by espousing a simple idea: that the system is “rigged” against average Americans. And you might be surprised who agrees with her: A whole bunch of conservatives.

Embedly Powered

EPIC Challenges Facebook’s Manipulation of Users, Files FTC Complaint

EPIC – EPIC Challenges Facebook’s Manipulation of Users, Files FTC ComplaintEPIC Challenges Facebook’s Manipulation of Users, Files FTC Complaint EPIC has filed a formal complaint to the Federal Trade Commission concerning Facebook’s manipulation of users’ News Feeds for psychological research. “The company purposefully messed with people’s minds,” states the EPIC complaint. EPIC has charged that the study violates a privacy consent order and is a deceptive trade practice.

Embedly Powered

via Epic

NYPD brutally arrest man on subway ‘for sleeping on way from work’

NYPD brutally arrest man on subway ‘for sleeping on way from work’ (VIDEO)A video has recorded a violent altercation erupting between a man on a New York City subway and police officers, who apparently arrested him for the crime of nodding off while commuting home for work. The incident occurs at the 57th street station stop in Manhattan in a mostly-empty carriage.

Embedly Powered

via Rt