The Fight to Reduce Gun Violence Is Far From Over

Here's What's Happening Here at the White House           DAILY SNAPSHOT Wednesday, June 19, 2013             Featured  The Fight to Reduce Gun Violence Is Far From Over A little more than six months after the shooting at Sandy Hook Elementary, Vice President Biden said yesterday that he and President Obama have not given up the fight to reduce gun violence. And although a minority of the Senate voted down common-sense legislation that would keep our kids and communities safer, President Obama has "moved forward on what was within his power, what executive actions he could take," the Vice President explained. "Today, I can report that he announced 23 executive actions; 21 of them have been completed or there has been major progress made toward the total completion and that we’re on track to finish the job." Click here to learn more about how President Obama is fighting to reduce gun violence.       Top Stories How Immigration Reform Will Shrink the Deficit Yesterday, the independent Congressional Budget Office released its score of the Senate’s bipartisan immigration bill, providing even more evidence that commonsense immigration reform is good for the budget and good for economic growth. CBO estimates that fixing our broken immigration system will reduce federal deficits by about $200 billion over the next 10 years, and about $700 billion in the second decade. READ MORE President Obama Discusses the National Security Agency on Charlie Rose President Obama discussed a range of issues in his interview Monday night on PBS, but the National Security Agency was the topic for an extended part of the conversation. "My job is both to protect the American people and to protect the American way of life, which includes our privacy," he said. "So every program that we engage in, what I've said is let's examine and make sure that we're making the right tradeoffs." READ MORE Partnership for Sustainable Communities Marks 4th Anniversary with Web-Streaming Twitter Town Hall June 16, 2013 marked the four-year anniversary of the Partnership for Sustainable Communities, a collaboration of the U.S. Department of Housing and Urban Development (HUD), U.S. Department of Transportation (DOT), and U.S. Environmental Protection Agency (EPA). Since 2009, our three federal agencies have been working together to help communities build stronger regional economies, improve their housing and transportation options, and protect the environment. READ MORE       Today's Schedule All times are Eastern Standard Time (EST) 3:05 AM: The President and the First Lady meet and greet with Embassy personnel 3:50 AM: The President arrives Schloss Bellevue 3:55 AM: The President signs a guestbook 4:00 AM: The President is welcomed by President Joachim Gauck of Germany in a ceremony with military honors 4:15 AM: The President holds a bilateral meeting with President Gauck 5:00 AM: The President arrives the German Chancellery and is welcomed by Chancellor Angela Merkel 5:15 AM: The President holds a bilateral meeting with Chancellor Angela Merkel 6:30 AM: The President participates in a joint press conference with Chancellor Angela Merkel 7:35 AM: The President joins Chancellor Merkel for a working lunch 9:00 AM: The President delivers remarks 10:05 AM: The President signs the Golden Book of Berlin 10:15 AM: The President meets with Peer Steinbrueck of the Social Democratic Party 11:00 AM: The Vice President delivers remarks at the Congressional ceremony commemorating the dedication of the statue of Frederick Douglass WATCH LIVE 12:45 PM: The President and the First Lady arrive Schloss Charlottenburg and is welcomed by Chancellor Merkel and her spouse, Professor Joachim Sauer 12:50 PM: The President and the First Lady join Chancellor Merkel and Professor Joachim Sauer for an official photo 2:00 PM: The President and the First Lady attend dinner with Chancellor Merkel and Professor Joachim Sauer 3:55 PM: The President and the First Family depart Germany en route to Washington, DC   Facebook    Twitter   |   More Ways to Engage Did Someone Forward This to You? Sign Up for Email Updates This email was sent to e0nstar1.blog@gmail.com Sign Up for Updates from the White House Unsubscribe | Privacy Policy Please do not reply to this email. Contact the White House The White House • 1600 Pennsylvania Ave NW • Washington, DC 20500 • 202-456-1111

The Not-so-Short Shortlist of Moz's Top Seattle Restaurants, Bars, and Activities for MozCon 2013

---

The Not-so-Short Shortlist of Moz's Top Seattle Restaurants, Bars, and Activities for MozCon 2013 Posted: 18 Jun 2013 07:23 PM PDT Posted by Elizabeth_Crouch The benefits of attending MozCon 2013 are invaluable: You'll go home with insightful tips from top marketers, actionable advice from data experts, connections to awesome people in your industry, new friends from the Moz Community, freshly honed inbound marketing skillsâ€"and your very own Roger toy. One of the biggest bonuses? It's a fantastic excuse to visit Seattle during the most beautiful time of year. I polled the whole MozPlex to curate a list of our favorite places to dine, swill coffee, imbibe boozy beverages, play games, bust a move, hit the water, and take in the view. There are over 130 Mozzers now, so the list is long. From locally grown, organic eats and family fun on Lake Union to bocce ball and craft beer, Seattle's got a little something for everyone. The Hipster • The Sophisticated Palate • The Sandwich Lover • The Coffee Fiend The Beer Snob • The Cocktail Connoisseur • The Adventurer The Hipster Community Coordinator Megan drinks out of an ironic cup. Recognizable by their tight jeans and plaid coloring, these gentle creatures can generally be found grazing the hill east of downtown. They might be slow to accept you into the herd, but once you're in, they'll share their abundant resources with you. People's Choice: The Mozzers' top spot (and terminus to many a Wednesday beer night) is the Unicorn and its basement bar, the Narwhal (1118 East Pike Street). A kaleidoscope of circus décor, deep fried eats, and loud music, these bars are where Capitol Hill layabouts and techies alike unite in pursuit of good times and reasonably priced beverages. The Seattle Institution: Grab a cold beer, tuck into a plate of nachos, and soak up some sun on the back patio at Linda's Tavern (707 East Pine Street). The original Seattle hipster bar, this place is best approached with a pack of pals to keep you company and help you drink beer or mimosas by the pitcher. Break out the Chopsticks: Sleek, modern, and serene, Momiji (1522 12th Avenue) is where most Mozzers prefer to sup on sushi. You can't beat happy hour in the front barâ€"cheap Sapporo, sake, and decadently crunchy deep-fried Seattle rollsâ€"but the back dining room is truly beautiful. If fish doesn't strike your fancy, roll down the hill a little bit to In The Bowl (1554 East Olive Way) for the tastiest vegetarian Thai on the Hill. The dining room: small. The menu: epic. The bathroom: magical (just trust me here). Their four-star spiciness level will scald even the most fireproof of tongues, and their noodles will transport you to a different plane of happiness. Al Fresco: With hipster cred and a patio to rival Linda's, Captain Black's (129 Belmont Avenue East) is another crowd favorite here at Moz. After you're done stuffing yourself with fried Beecher's cheese curds, hush puppies, and tater tots, you can drink a little whiskey, then roll back down Capitol Hill to your hotel. Sate the Sweet Tooth: While die-hard Seattle hipsters may head to a lesser-known creamery on Capitol Hill (that also happens to be the best dessert spot for beer lovers, so read on), Moz recommends you join the line at Molly Moon's (917 East Pine Street) for scoops of Fair Trade chocolate, salted caramel, or balsamic strawberry ice cream. Snag a waffle cone and chill on the astroturf at Volunteer Park (1247 15th Avenue East), the coolest place to be on a hot, sunny day. Take in the View: Sure, you could wait in line at the Space Needle or climb to the top of Mount Rainier. But the Smith Tower (506 2nd Avenue) in Pioneer Square has been providing Seattleites with breathtaking views since before skyscrapers were even cool. Fun and Games: Roll a few blocks north of Moz on Second Avenue to hit three of our favorite post-work stops: Rabbit Hole (2222 2nd Avenue) for skee-ball, highbrow cocktails, and outrageously good pub grub; Shorty's (2222 2nd Avenue) for cheap PBR, video games, and pinball; and Lava Lounge (2226 2nd Avenue) for whiskey, booths big enough for a whole crew, and many rounds of shuffleboard. Bust a Move: If you're heading in on Sunday, hit up the Re-Bar (1114 Howell Street) for their FLAMMABLE! dance night. "A gay bar, only for everybody," the Re-Bar mixes the hippest of the hip and the funnest of the fun in a LGBTQ-friendly atmosphere with stiff drinks and a packed dance floor. Heads up: cash only! Weekend Adventure: If you're staying the prior weekend and have a car handy, hit up Georgetown, a South Seattle neighborhood with plenty of art galleries, dive bars, tasty restaurants, and a cool trailer park flea market (5805 Airport Way) on the weekends. The Sophisticated Palate Engineers Martin and Doug give a toast to good taste. Do you love the finer things in life? We do, too. We want our food stuffed with other, more obscure food and glazed in priceless ingredients. We want chefs who minored in alchemy at culinary school. We want nothing less than sheer artistry. These are some of Moz's top picks for exquisite eats paired with beautifully crafted cocktails and Washington's best wines. So comb your hair, put on your fanciest pair of sneakers, and hit the spots on this list. People's Choice: Restaurant Zoe (1318 East Union) is part of the bustling restaurant scene around 12th and Union. Staffed by a kitchen full of vets from Canlis, Crush, and other Seattle standards, Zoe boasts an effortlessly cool atmosphere, and an approachable menu of artistic Pacific Northwest fare. Two blocks away, Cascina Spinasse (1535 14th Avenue) dishes up the most decadently delicious Northern Italian eats you can find outside of Piemonteâ€"leg of rabbit, tajarin pasta glued together with butter and sage, precious lettuces dressed with Barolo vinegar and Ligurian olive oil. If you're in the mood for slightly lighter fare, hit their side bar, Artusi (1531 14th Avenue), for ingenius cocktails (including a slushy machine full of rotating frozen craft cocktails that will most certainly change your life) and a compact menu of mind-blowingly good food.  The Seattle Institution: An overwhelming number of Mozzers cited one of prolific restaurateur Ethan Stowell's restaurants as their personal favorites, so I'm going to just lump them all together. If you're sticking downtown, go for vino, fluffy gnocchi alla romagna, and perfectly al dente pasta at Tavolata (2323 2nd Avenue). If we've already convinced you that Capitol Hill is the place to be, head to Rione XIII (401 15th Avenue East) for Roman-style pizza and pasta, Anchovies & Olives (1550 15th Avenue) for ice-cold oysters and beautifully prepared seafood, or Bar Cotto (1546 15th Avenue) for mouth-watering charcuterie, veggies, and thin, crispy pizzas. Feeling adventurous? The tasting menu at Staple & Fancy (4739 Ballard Avenue Northwest) in Ballard is also worth the extra trip.  Pro tip: Arrive in luxurious style with our friends from Uberâ€"it's either less expensive than or about the same price as taking a cab, depending on what kind of ride you fancy. MozCon attendees will also get hooked up with a little friends-of-friends discount! Break out the Chopsticks: Round up at least two or three people to hit Monsoon (615 19th Avenue East) with you, because you will probably want to order every single thing on this exquisite Vietnamese-influenced menu. Especially the drunken chicken. Al Fresco: What happens when two classically trained chefs fall in love, get married, and wed Korean cuisine with French technique and Northwest ingredients? Pure magic. One of the best meals of your life. Dumplings that will restore your faith in humanity. Hitch a ride to Fremont and try to snag a seat on the back deck at Revel (403 N 36th Street). Sate the Sweet Tooth: What's that overpowering cocoa-brownie smell wafting toward you on the deck at Revel? It's Seattle's premier chocolate factory, organic and Fair Trade Theo (3400 Phinney Avenue North). Take a tour, and bring home chocolatey souvenirs for your loved onesâ€"or yourself. We won't tell. If you take our other recommendations and end up on Capitol Hill for dinner, head to D'Ambrosio Gelato (1544 12th Avenue) for creamy, authentic Italian goodness from a certified Master Gelatiere. Worth the Trip: Another Ballard stand-out, The Walrus and the Carpenter (4743 Ballard Avenue Northwest) shares a dining room window with the aforementioned Staple & Fancy. Go here for the freshest oysters, the most delectable menu, the most gorgeous kitchen, and the mustache-iest waitstaff north of the Shipping Canal. Weekend Adventure: We highly recommend that you pay a visit to Woodinville for wine tasting. Much closer than the sun-drenched growing regions in Central Washington, Woodinville's tasting rooms bring some of the best wines within quick driving distance of the big city. A few of Moz's favorites: Mark Ryan (14475 Woodinville-Redmond Road, Woodinville, WA 98072), DeLille (14421 Woodinville-Redmond Road Northeast, Woodinville, WA 98072), Obelisco (19495 144th Avenue Northeast Woodinville, WA 98072), and Long Shadows (14450 Woodinville-Redmond Road, #105, Woodinville, WA 98072). The Sandwich Lover Customer Acquisition Manager Justin enjoys a Paseo sandwich and the gorgeous view from Gasworks Park. If the Earl of Sandwich is your most cherished historical figure; if you daydream about what other letters you could add to your BLT; if you literally think there hasn't been a better thing since sliced breadâ€"this list is for you, my friend. People's Choice: The people have spoken, and they have chosen Paseo (4225 Fremont Avenue North and 6226 Seaview Avenue Northwest). These are, empirically, the best sandwiches in Seattle. They might be the best sandwiches anywhere, ever. Crispy baguette. Savory aioli. Tangy jalapeños. Grilled onions simmered in the same addictive sauce they use to marinate their meats. Crisp romaine lettuce. Cuban-style pork, chicken, tofu, or seafood. You might just decide to dump out your suitcase and refill it with Paseo sandwiches to take home. That might be a bad decision. Might. Nice Buns: Lil Woody's (1211 Pine Street) is just a few blocks up the hill from the Convention Center. Their burgers come piled with exotic ingredients and paired with hand-cut fries and milkshakes made from Molly Moon's ice cream. The Seattle Institution: Don't let the divey décor and weird name fool youâ€"The Honey Hole (703 East Pike Street) on Capitol Hill makes some seriously delicious sandwiches, served up with zero pretention and a side of the crispiest fries you will ever eat. Sate the Sweet Tooth: In addition to their eponymous treats and sweet scoops, Cupcake Royale also boasts a freezer full of ice cream sammies in flavors like red velvet cake and burnt caramel with sea salt. There are a few locations, but we're partial to the one across the street from Moz (108 Pine Street). You can admire our Post-it window murals from street level or pop in to say hi! Fun and Games: Like a little nosh with your board or card games? Cafe Mox (5105 Leary Avenue Northwest) in Ballard is a sweet spot to grab a beer, eat a sandwich, and play some Settlers of Catan. Bonus: family-friendly! The Coffee Fiend Director of Community Jen savors a steamy latte. It's no myth: Seattleites subsist on a steady diet of vitamin D pills, inky espresso, and velvety lattes. Here are some our favorite places to fuel up. Downtown: Home to many a Moz 1:1 meeting, Fonté Café and Wine Bar (1321 1st Avenue) is a lovely place to grab perfectly brewed coffee and tame your inbox first thing in the morning. Is WFCS a thing where you live? We hope that it is. Capitol Hill: Espresso Vivace is arguably the best coffee in Seattle. But we don't like arguments, so you should probably roll up the hill to Vivace's open-air sidewalk bar (321 Broadway Avenue East) or brick-and-mortar café (532 Broadway Avenue East) to find out for yourself. Pioneer Square: If you find yourself in Seattle's oldest neighborhood, head to art-filled Zeitgeist Coffee (171 South Jackson Street) before you embark on the Seattle Underground Tour (608 1st Avenue). Not your typical tour, this fun crawl through the buried former ground-level of Old Seattle is a Moz favorite. You'll learn all about lusty prospectors and the women that fleeced them, Seattle's original wooden plumbing pipes, and how old-timey architects beat the mud by building streets ten feet in the air. Beyond: Lighthouse Roasters (400 North 43rd Street) in Fremont is off the beaten path, but roasts such perfect coffee, you won't mind the hike through this residential neighborhoodâ€"a great stop on your way to Woodland Park Zoo (601 North 59th Street). The Beer Snob Ruby Programmer Ben appreciates the subtle hoppy notes of an IPA. Here in Seattle, one does not simply crack open a cold one and call it a night. One sips from the cornucopia of locally brewed IPAs, pilsners, saisons, and stouts. One tours breweries to compare and contrast their offerings. In some cases, one even brings the kids. Gotta Taste Them All: If you only make one dedicated beer stop, let it be at Brouwer's Cafe (400 North 35th Street) in Fremont. With 64 beers on tap, over 300 bottles, and 60 scotches, even the most jaded, world-weary connoisseur will find something new to sip on. Fun for the Whole Family: Think beer and babies don't mix? Kid-friendly Fremont Brewing Company (3409 Woodland Park Ave North) will prove you wrong. Parents can kick back and have adult conversations while the little ones dig into never-ending bowls of pretzels and play with their contemporaries.  Sate the Sweet Tooth: The truly indie creamery on Capitol Hill, Bluebird (1205 East Pike Street) also brews some mighty fine beer. Home to the best vegan "ice cream" everâ€"a deceptively creamy horchata flavorâ€"they also make beer floats with their stout. Frosty stout plus peanut butter ice cream equals mind, blown. Fun and Games: Von Trapp's (912 12th Avenue) cavernous biergarten on Capitol Hill is basically a playground for grown-ups. Go for the epic German and Belgian beer list, indulge in some tasty pretzels and brats, and stay for many rounds of bocce ball. The Tastiest Kind of Tourism: Ballard is home to some of our favorite breweries, all located within walking distance of the neighborhood's lively shopping and dining corridor. We recommend checking out Hilliard's Beer (1550 Northwest 49th Street) and Peddler Brewing Company (1514 Northwest Leary Way). If you don't mind mixing drinks with actual peddling, you can also hop aboard the Cycle Saloon (206-678-7211), a people-powered tour of Ballard's breweries. The Cocktail Connoisseur Help Desk Administrator Dave and Customer Success Strategist Renea sip martinis at The Zig Zag. Can you blind-smell the difference between Scrappy's and Regan's orange bitters? Does seeing a bottle of Pappy van Winkle on a shelf make you absurdly happy? Do you get sad when people say they don't like gin? Cheers! These bars are for you. The Seattle Institution: The Zig Zag Café (1501 Western Avenue #202) was one of the pioneering bars in the American craft cocktail movement. Nestled alongside the Pike Street Hill Climb between Pike Place Market and the waterfront, this dimly lit cocktail joint is the go-to spot for booze aficionados in Seattle. Their house cocktail list is inventive and extensive, their selection is carefully curated, and the 'tenders are some of the best in the biz. The New Darling: Looking to try something rare and extraordinary? The Captain's List of spirits at Canon (928 12th Avenue) is so extensive that you need to scan a QR code to download it to your phone (which makes our nerd-hearts fill with glee). Beyond the floor-to-ceiling walls of precious booze, Canon wins us over with the little touches: stainless steel straws, slate coasters, cucumber-infused water, and copper mint julep cups. The Hidden Gem: Tucked away in an alley between First and Second Avenues, Bathtub Gin & Co. (between Bell & Blanchard in "Gin Alley") staffs bartenders who are gifted with a sixth sense: Tell them what kind of spirit you like and what kind of mood you're in, and they'll make you something mind-blowing. If you can snag a seat at the upstairs bar, do it. If not, settle in on a leather couch in the library room downstairs. The Grand Tour: Touring the city's distilleries is a fun way to sip local spirits and see Seattle while you're at it. If you don't have time for a full tour, head up to Sun Liquor Distillery (514 East Pike Street) and Oola Distillery (1314 East Union Street) on Capitol Hill. If you've got a bit more time, we recommend taking Local Craft Tours' (206-455-3740) chauffeured trip around town. You'll leave from downtown, then hit three or four distilleries (including some of our very favorites, Sound Spirits and Letterpress Distilling) to sample the wares. The Adventurer Social Community Manager Erica hits the high seas. Are you coming to see the sights, absorb some art, and explore the area? After you're finished eating and drinking like a local, here are the the museums, vistas, and activities we love to share with out-of-town guests. Hit the Water: Looking for the best views of downtown? Get on a boat. Taking the West Seattle Water Taxi (Pier 50, 801 Alaskan Way) or the Bainbridge Island Ferry (Pier 52, 801 Alaskan Way) will give you glittering city views, and you can explore the walking paths, restaurants, and more on the opposite shores. If you've got a little more free time, Moz recommends renting kayaks from Moss Bay (1001 Fairview Avenue North, #1900) or canoes from the University of Washington Waterfront Activities Center (3701 Montlake Boulevard Northeast). Don't forget to pack your flippy-floppies. Drop the Mic: Seattle's karaoke scene runs the gamut from modern and glitzy to gloriously divey. Our top picks are Rock Box (1603 Nagle Place) for their communal main room and swanky private rooms and Bush Garden (614 Maynard Avenue South) for their cheap drinks, campy backdrop videos, and awesome emcees. Do the Tourist Thing: There's nothing on earth like a genuine, bona fide, electrified, six-car monorail. The Seattle Monorail (in Westlake Center at 5th Avenue and Pine Street) is just a quick walk from the Convention Center. A relic of bygone times, this old beauty will deposit you directly at the Seattle Center (305 Harrison Street), where you can play around at the Pacific Science Center (200 2nd Avenue North) and check out some celebrated Northwest art glass at Chihuly Garden and Glass (305 Harrison Street). You can also go up in the Space Needle, if you reeeeeeally want to. Get Your Culture Fix: Modern art and gorgeous views go hand in hand at the SAM Olympic Sculpture Park (2901 Western Avenue). Stroll the length of the waterfront to visit this picturesque outdoor museum, grab a bench, watch the sun sink behind the Olympic Mountains and the Puget Sound, and reflect upon what an awesome time you had at MozCon. I hope this exhaustive list has gotten you pumped for MozCon! (With this many recommendations to try, you can even start planning your MozCon 2014 and 2015 agendas.) Haven't secured your ticket yet? Get on it! Hope to see you in Seattle in July. Feel free to reach out in the comments with any questions, or if you'd like any custom recommendations! Sign up for The Moz Top 10, a semimonthly mailer updating you on the top ten hottest pieces of SEO news, tips, and rad links uncovered by the Moz team. Think of it as your exclusive digest of stuff you don't have time to hunt down but want to read!

You are subscribed to email updates from Moz Blog To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610

"Best Of Just For Laughs Gags - Fathers" from Just For Laughs Gags and more

Check out the latest videos from your channel subscriptions for Jun 19, 2013.  Play all » Best Of Just For Laughs Gags - Fathers + 2  videos   by Just For Laughs Gags Benin - African Divas - Zeynab - Chacun a Sa Chance + 9  videos   by Seka Moke Warface - MULTPLAYER FREE FOR ALL by FPSRoca Retrogameplay - SNES - The Legend Of Zelda A Link To The Past - Par... by InTheWorldNerd Эксперименты с ментосом продолжаются + 4  videos   by nakedassTv Introducing Auth Dawn[1] by WeUseAuthority Fix You | By Sol by VCEditors YouTube sends email summaries like these so you can keep up with your channel subscriptions. If you no longer want to receive these updates, you may edit your preferences here or unsubscribe. ©2013 YouTube, LLC 901 Cherry Ave, San Bruno, CA 94066

Mish's Global Economic Trend Analysis

---

Brazilian Currency Touches Four-Year Low Prompting Intervention; Currency Intervention Madness Displayed in Chart Form Posted: 18 Jun 2013 01:08 PM PDT Bloomberg reports Brazilian Currency Touches Four-Year Low, Prompting Intervention Brazil's real touched a four-year low, prompting the central bank to intervene for a second straight day as a report showed higher-than-forecast inflation. "If there's more currency devaluation, there will be more inflation," Jankiel Santos, the chief economist at Banco Espirito Santo de Investimento in Sao Paulo, said in a telephone interview. "On top of that, the IGP-M shows that wholesale prices are under pressure again." Brazil may use all available instruments to contain the real's volatility including selling dollars in the spot market, central bank president Alexandre Tombini said in an interview with Valor Economico published yesterday. The currency has fallen more than 5 percent since Fed Chairman Ben S. Bernanke said on May 22 that the central bank may taper its stimulus program if the outlook for employment shows "sustainable improvement." Real Monthly Chart Shows Intervention Madness click on chart for sharper image Flashback March 3, 2012: Brazil Declares New Currency War on US and Europe. The Financial Times reports Brazil declares new 'currency war' Brazil has declared a fresh "currency war" on the US and Europe, extending a tax on foreign borrowings and threatening further capital controls in an effort to protect the country's struggling manufacturers. Guido Mantega, the finance minister who was the first to use the controversial term in 2010, said the government would not "sit by passively" as developed nations continue to pursue expansionary monetary policies at the expense of Brazil. "When the real appreciates, it reduces our competitiveness. Exports are more expensive, imports are cheaper and it creates unfair competition for businesses in Brazil," he said on Thursday after announcing changes to the so-called IOF tax. Check out all these recent reports of Brazilian Real Intervention. Is this madness or what? By the way, with the huge slowdown in China (and Chinese demand for commodities plunging), Brazil is going to have a damn tough time stopping the slide in the Real and an equally hard time controlling inflation. What happened to the alleged nirvana "When the real appreciates, it reduces our competitiveness"? Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.

Epic Glut of Graduates Depresses Wages; Fake Job Offers Taint Hiring Statistics Posted: 18 Jun 2013 10:06 AM PDT In response to Pettis on China, Europe, Japan: Bad News for Those Looking for Growth reader "BC" passed on a series of articles about jobs and wages, and matching up graduates with the skills companies seek. The articles are all in regards to China. Change the names and faces, and the stories sound to me like things you could easily read here. The problems are universal: too many graduates, trained in fields where there are no jobs or few openings. Job Prospects for China's Grads Bleak Business Times says Job Prospects for China's Grads Bleak. A record seven million students will graduate from universities and colleges across China in the coming weeks, but their job prospects appear bleak - the latest sign of a troubled Chinese economy. Businesses say they are swamped with job applications but have few positions to offer as economic growth has begun to falter. The Chinese government is worried, saying the problem could affect social stability, and it has ordered schools, government agencies and state-owned enterprises to hire more graduates at least temporarily to help relieve joblessness. "The only thing that worries them more than an unemployed, low-skilled person is an unemployed, educated person," said Wei Shang-Jin, a Columbia Business School economist. Lu Mai, secretary- general of the elite, government- backed China Development Research Foundation, acknowledged in a speech this month that fewer than half of this year's graduates had found jobs so far. China quadrupled the number of students enrolled in universities and colleges over the last decade. But its economy is still driven by manufacturing, with a preponderance of blue-collar jobs. Premier Li Keqiang himself led the Cabinet meeting on May 16 that produced the directive for schools, government agencies and state-owned enterprises to hire more graduates, a strategy that has been used with increasing frequency in recent years to absorb jobless but educated youths. "Any country with an expanding middle class and a rising number of unemployed graduates is in for trouble," said Gerard Postiglione, director of the Wah Ching Center of Research on Education in China at Hong Kong University. Mish Comment: Well, at least China's middle class is expanding, for now. That's not something we can say here in the US. Fake Job Offers Taint Statistics Forbes writes College Grads Are Jobless In China's "High-Growth" Economy The semi-official Global Times reports that one of China's hottest businesses at the moment is the forging of employment contracts for students.  Some universities, concerned about the withdrawal of funding due to high unemployment of their grads, will not hand out diplomas before students supply evidence of imminent employment.  The fake contracts, of course, inflate the statistics reported to—and eventually the figures issued by—central educational authorities. "I just can't figure out why it's so hard to get a job this year," wonders Miranda Zhang, who will graduate from a university in Beijing this spring. The misery is spread over many fields.  English majors are having a hard time finding work, but so are those receiving degrees in law, computer science and technology, accounting, international trade, and industrial and commercial administration.  In short, Ms. Zhang and her classmates face a tight employment situation partly because the Chinese economy is in fact not moving fast in the much-discussed up-the-value-chain transformation. Mish Comments: Are fake job offers in China that much different than the University of Phoenix placing someone with a culinary art degree in a job at McDonalds, while padding statistics as a graduate with a job in their field of study? As for growth in China, forget about it. See the top link if you need convincing. Chinese College Graduates Play It Safe and Lose Out The Wall Street Journal reports Chinese College Graduates Play It Safe and Lose Out. Xie Chaobo figures he has the credentials to land a job at one of China's big state-owned firms. He is a graduate student at Tsinghua University, one of China's best. His field of study is environmental engineering, one of China's priorities. And he is experimenting with new techniques for identifying water pollutants, which should make him a valuable catch. But he has applied to 30 companies so far and scored just four interviews, none of which has led to a job. Over the past decade, the number of new graduates from Chinese universities has increased sixfold to more than six million a year, creating an epic glut that is depressing wages, leaving many recent college graduates without jobs and making students fearful about their future. Two-thirds of Chinese graduates say they want to work either in the government or big state-owned firms, which are seen as recession-proof, rather than at the private companies that have powered China's remarkable economic climb, surveys indicate. Mish Comment: Graduates want to work for State-Owned-Enterprises (SOEs), but SOEs in China are totally out of control, racking up debts that cannot and will not be paid back. SOE need to be dismantled, and they will be (with much pain). The US equivalent would be hoping to get in on the public union pension-for-life gravy train just as the US public pension system is about to crash. Employers and Graduates Mismatched Marketplace.Org has Tales from a Shanghai job fair: Why China's college grads, employers mismatched. Hundreds of HR managers carefully eye prospective employees who, resumes in hand, crowd the floor at a Shanghai job fair. Here's the problem: neither group is interested in each other. Nicole Li is looking to hire college graduates for her property management company. "We need technicians to fix software problems, but college grads don't have these skills," says Li, frowning. "We need people for exhibitions who can do presentations in English, but they can't do that, either." Li needs to hire people for 60 high-skilled jobs. She says among the thousands of candidates here today, she'll be lucky if she finds one. Tong Huiqin comes to this job fair every Friday. He graduated from the Shanghai Finance University six years ago. Since then, he's jumped from one job to the next. "It isn't hard to find a job," says Tong.  "It's hard to find the right job." Tong blames Chinese universities. He says they need to do a better job at preparing people for the country's rapidly changing labor market. I turn around and ask 22-year-old Wang Qianmin, who's about to graduate from Shanghai Normal University with a teaching degree, what she's looking for at the job fair. "I don't know," she says with a pout. "Most of the jobs here aren't really interesting. I'm looking for a company that'll give me a high salary, money for meals and that'll pay my rent -- a place where the working hours aren't too long." Wang says she wants to be a teacher. Or maybe a wedding planner. She can't decide. Mish Comments: These kids have no idea what they want to do, and they blame it on the school for not teaching them. How is this different than the average liberal arts major in the US expecting the world at their doorstep just because they have a useless degree that prepares them to do nothing more than work as a part-time retail clerk, 25 hours a week, dumped into the Obamacare system? Yet, we are told education is the answer, without ever addressing the questions "for who? at what cost? in what field?" These articles were purportedly about China. Change the names and faces and the stories are not much different than you can find right here in the US, in Italy, in France, or anywhere else in a slow-grow global economy. After growing at an astronomical rate for years, the cost of education is going to plunge. Job statistics will force that outcome. Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.

You are subscribed to email updates from Mish's Global Economic Trend Analysis To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610

Damn Cool Pics

---

• Romy Beats [Video]
• Guys Give Roommate Unwanted Room Remodel
• One-armed beauty Nicole Kelly crowned Miss Iowa 2013
• Hot Tub Cinema
• Driverless Cars: The Future of Motoring [Infographic]

Romy Beats [Video] Posted: 18 Jun 2013 04:37 PM PDT That's why i love the human race. We can make miracles!

Guys Give Roommate Unwanted Room Remodel Posted: 18 Jun 2013 08:39 AM PDT Redditor twoverend was out of town for two months. This gave his roommates plenty of time to 'renovate' his room. Before: After:

One-armed beauty Nicole Kelly crowned Miss Iowa 2013 Posted: 18 Jun 2013 08:22 AM PDT Nicole Kelly, 23, just became this year's Miss Iowa 2013 despite the obstacle of being born without her left forearm. "A year ago, I certainly didn't see 'pageant titleholder' in my future," Kelly writes on her "Meet Miss Iowa" biography page. "Perhaps I didn't originally envision this path, but I now know that being Miss Iowa is the perfect fit for me, and I feel so blessed to be surrounded by people who have encouraged me every step of the way. Giving a voice to my platform, Overcoming Disabilities, is a tremendous honor, and I am thrilled to continue my adventure by speaking out and touching lives as Miss Iowa 2013." Kelly will now advance to compete for the Miss America title on Sept. 15 in Atlantic City, N. J., where she will be speaking about the importance of overcoming disabilities. She describes growing up with an abnormal arm "As I grew older, I learned to offset the initial stares I received … with an outgoing personality that would not give in to 'No,' she writes. "This meant that I tried everything! From baseball, to dance to diving, there was nothing I would not try. I found my passion within a world where I was giving people permission to stare … the stage." Kelly graduated from the University of Nebraska-Lincoln in 2012 with a degree in directing and theater management. In September 2012, she had an internship on Broadway with the Manhattan Theatre Club. She is the 72nd woman to hold the title of Miss Iowa.

Hot Tub Cinema Posted: 18 Jun 2013 07:46 AM PDT The Hot Tub Cinema concept combines relaxing hot tubs with good movies and cool places. You can book a hot tub together with your friends to bathe in while watching a movie! There are also individual tickets available to share a hot tub. The hot tubs are obviously cleaned, refilled and heated for every performance. The "jacuzzi cinema" appears in different places in London and other places in England, but the organizers have plans to tour in the near future internationally. The baths are located on roof terraces in central London giving you a bonus view of the beautiful city skyline.

Driverless Cars: The Future of Motoring [Infographic] Posted: 18 Jun 2013 07:17 AM PDT Driverless cars have often been talked about as the future of motoring, but it seems that they are now far closer to becoming reality than is generally realized. MoneySupermarket has created an infographic giving a bit of background about the market and discussing who is currently leading the race to dominate this industry which promises to revolutionise the motoring landscape. Despite all the hype around the Google solution, it is Mercedes who are currently leading the race to be first to market with a driverless S-Class which is due to be released later this year. However, it is General Motors who are likely to be the real winner as they are working on a car which is capable of parking itself and pick up its owner from location specified using a smart phone application. Click on Image to Enlarge. Image source: MoneySupermarket Car Insurance

You are subscribed to email updates from Damn Cool Pictures To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610