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The Vatican has abruptly cancelled a controversial stem-cell conference that was set to be attended by the Pope next month.

There’s a wary sense of excitement among reporters whose fondest dream is of a convention where a nominee is actually chosen, instead of merely being royally acknowledged. So it’s worth thinking back to 1976, the last time a race was actually settled at a Republican convention.

It’s not a rerun, but there are a lot of similarities, starting with two faux Ronald Reagans (Rick Santorum and Newt Gingrich) and a latter-day Gerald R. Ford (Mitt Romney), backed by the party establishment and repeatedly pushed to the right of where he was comfortable. President Ford was the incumbent who, like Romney, excited nobody.

The 1976 battle, like today’s, had twists and turns. Reagan seemed ahead, then Ford, the Reagan came back. Of course the shifts in the days before 24-hour news, Twitter, or even e-mail were not as rapid as this year’s frantic changes.

Here is the latest conversation I had with money manager Andrew Horowitz…. new insights for anyone who invests in anything. We discuss the continued boom and bull market.

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A lot has been made about the hoodie lately. Not only has Geraldo partially blamed it for the death of Trayvon Martin, but it’s also become a symbol of unity for standing with the slain teen and his family.
So when the Obama camp announced via Twitter yesterday that it was putting its 2012 hoodies on sale, it got some thinking: Is the President trying to capitalize off the death of Martin?

On Monday, the Obama2012 Twitter account sent out this message:

Not to be outdone, Ron Paul shows his street cred in his own hoodie:

I guess everybody wants to be a gangsta.

found by John Ligums

…if it’s related to fracking. From abortion to this, when will politicians/government realize it needs to get out from between patients and their doctors? Note: this is completely separate from the insurance issue in front of the Supreme Court.

Under a new law, doctors in Pennsylvania can access information about chemicals used in natural gas extraction — but they won’t be able to share it with their patients. A provision buried in a law passed last month is drawing scrutiny from the public health and environmental community, who argue that it will “gag” doctors who want to raise concerns related to oil and gas extraction with the people they treat and the general public.


Total’s Elgin platform

A cloud of explosive natural gas boiling out of the North Sea from a leak at Total’s abandoned Elgin platform forced wider evacuations off the Scottish coast on Tuesday as the French firm warned it may take six months to halt the flow…

To keep us from getting sued, we will now use b*ok to represent the word that comes after Face in that company’s name.

Facebook is trying to expand its trademark rights over the word “book” by adding the claim to a newly revised version of its “Statement of Rights and Responsibilities,” the agreement all users implicitly consent to by using or accessing Facebook.
[…]
The newly revised user agreement reads as follows (emphasis ours):

“You will not use our copyrights or trademarks (including Facebook, the Facebook and F Logos, FB, Face, Poke, Book and Wall), or any confusingly similar marks, except as expressly permitted by our Brand Usage Guidelines or with our prior written permission.”

Not accepting the terms isn’t really an option for anyone with a Facebook account. “By using or accessing Facebook, you agree to this Statement,” the document says.

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Executive Producer: Sir Barislav Marinov
Associate Executive Producers: Lucas Hokanson, Andrea M. Froncioni, Kathleen Bowman, Sir Phillip Flick, Joan d’Audiffret
Art By: Nick the Rat
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I wonder what those who see him and Bush as war criminals think of this.

Former Vice President Dick Cheney had a heart transplant Saturday and is recovering at a Virginia hospital, his office said. An aide to Cheney disclosed that the 71-year-old, who has had a long history of cardiovascular trouble including numerous heart attacks, had been waiting for a transplant for more than 20 months.
[…]
More than 3,100 Americans currently are on the national waiting list for a heart transplant. Just over 2,300 heart transplants were performed last year, according to the United Network for Organ Sharing. And 330 people died while waiting. According to UNOS, 332 people over age 65 received a heart transplant last year. The majority of transplants occur in 50- to 64-year-olds.
[…]
The odds of survival are good. More than 70 percent of heart transplant recipients live at least five years, although survival is a bit lower for people over age 65.

The former vice president suffered a heart attack in 2010, his fifth since the age of 37.

A fishing trawler swept away more than a year ago by a tsunami off the east coast of Japan has been spotted floating near British Columbia…

Former MF Global chief executive Jon Corzine apologized “to all those affected” by the brokerage’s collapse Thursday as he told a congressional committee he doesn’t know what happened to $1.2 billion in missing customer funds.


“How can you tell when a politician is lying?”

Jon S. Corzine, MF Global Holding Ltd. (MFGLQ)’s chief executive officer, gave “direct instructions” to transfer $200 million from a customer fund account to meet an overdraft in a brokerage account with JPMorgan Chase & Co. (JPM), according to a memo written by congressional investigators.

Edith O’Brien, a treasurer for the firm, said in an e-mail quoted in the memo that the transfer was “Per JC’s direct instructions,” according to a copy of the memo obtained by Bloomberg News. The e-mail, dated Oct. 28, was sent three days before the company collapsed, the memo says. The memo does not indicate whether that phrase was the full text of the e-mail or an excerpt. O’Brien’s internal e-mail was sent as the New York-based broker found intraday credit lines limited by JPMorgan, the firm’s clearing bank as well as one of its custodian banks for segregated customer funds, according to the memo, which was prepared for a March 28 House Financial Services subcommittee hearing on the firm’s collapse. O’Brien is scheduled to testify at the hearing after being subpoenaed this week.

“Over the course of that week, MF Global (MFGLQ)’s financial position deteriorated, but the firm represented to its regulators and self-regulatory organizations that its customers’ segregated funds were safe,” said the memo, written by Financial Services Committee staff and sent to lawmakers.

Now I’m certain justice will be done….you just watch.

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