Taste The Rainbow

Radio Interview:Setups on Stocks, Commodities and Futures

VIDEO: Cara Delevingne & Michelle Rodriguez Cozy Up At Knicks Game!

Do we have a hot new Hollywood couple on our hands? Ok, we might be jumping the gun on this one,…

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With everyone’s attention turning to the debt ceiling X-Date of October 17 (or sooner now that the Pentagon is once again spending money like a drunken sailor following the recall of 400,000 workers or half of the total number fuloughed), some are wondering why is the stock market not reacting more violently. The generic response that has formed is that despite all the feamongering by Obama and the Treasury, even crossing the X-Date will hardly result in the apocalyptic outcome that so many predict as the Treasury can “prioritze payments”, i.e., paying some bills and not others, which as we explained before, means paying down debt obligations first, and everything else - whose non-payment does not constitute an event of default under US debt - last. In other words, if the US were to merely live within its means, it should have no problem remaining current on its interest expense even if that means slashing most other government programs.

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Kenneth Jacobs awarded Simon Wiesenthal Center's Humanitarian Award

The most successful Simon Wiesetnthal Award dinner ever, the dinner raised $1.6 million. 

The Wiesenthal Center is “a living memorial to the memory of a great man — Simon Wiesenthal — who died eight years ago at the age of 96, sixty years after his liberation,” New York State Governor, Andrew Cuomo said: “Now some will say that the Center’s mission is complete.” Apropos the emergence of anti-Semitism worldwide, Cuomo cited incidents in France when “last month a group of Jews were attacked by a gang of teenagers…in Spain two months ago…’Adolf Hitler was right’ was painted across a bullfight arena…. It is very much a real threat in the world we live in…. So Simon Wiesenthal was right and you are right to be here this evening. We need a strong Israel and we need a strong America…working hand-in-glove because they are the bulwarks for democracy on this globe.” At the dinner Kenneth Jacobs, Lazard Ldt.'s Chairman and CEO was awarded the Centers Humanitarian Award. 

http://player.theplatform.com/p/2E2eJC/embeddedoffsite_prod?guid=n_lw_5gay_131209

Lawrence O’Donnell talks with Michael Griffin, a teacher fired after planning to marry his partner. That partner, Vincent Giannetto, also joins them.

A storm is rolling in. Hoping it produces because we need it. @aspensnowmass #aspen #colorado #coloradocameraclub #mountain #mountains

There’s a war raging between establishment and movement conservatives for the soul of the Republican Party. The next battlefield is at the ballot box in less than two weeks in a rural South Alabama district.

The proxy fight is a special primary runoff in the state’s 1st Congressional District, where establishment-backed Bradley Byrne and Tea Party insurgent Dean Young are vying to succeed former GOP Rep. Jo Bonner, who resigned from Congress in August to take a job with the University of Alabama. 

(Photo by Mike Kittrell/AP)