Daily news sites

LA Timesreports a Fullerton middle school teacher was arrested Friday on suspicion of sexual misconduct with at least two male students, authorities and school district officials said.

Melissa Lindgren, 28, of La Mirada, was charged with multiple felonies, including child molestation, child annoyance and “dissemination of harmful matter to a minor,” Fullerton police said in a statement. The Nicolas Junior High School teacher was booked and released after posting $100,000 bail, the statement said.  

School officials were alerted to the possible misconduct Friday by two “brave” students, according to a district statement.  Fullerton Police Chief Dan Hughes said Lindgren was arrested within five hours of the school district discovering the allegations.

In its statement, Fullerton School District officials said Lindgren admitted her misconduct, and called the situation an “isolated incident.”

“This occurrence is in direct conflict of Fullerton School District zero-tolerance policy on staff misconduct, where the District's teachers, faculty and staff are held to a higher standard,” the statement said.

More here

Big incentives being given for those in the private sector of big business to join the Federal Government:

http://www.economist.com/blogs/banyan/2014/02/trans-pacific-partnership

http://www.latimes.com/nation/politics/politicsnow/la-pn-trans-pacific-partnership-20140219,0,6747764.story#axzz2uC7thLg2 

NY DailyNews reports it's the 10-day contract that broke down a barrier.

The Nets officially signed Jason Collins to the historic deal on Sunday afternoon, fitted him in a No. 98 Brooklyn uniform for Sunday night's game against the Lakers, and thus gave him the opportunity to become the first openly gay athlete in America's four main professional sports leagues.

"The decision to sign Jason was a basketball decision," GM Billy King said in a statement, clearly trying to address criticisms that the signing was a marketing ploy. "We needed to increase our depth inside, and with his experience and size, we felt he was the right choice for a 10-day contract."

More here

Basketball  decision my left foot.  This is a publicity stunt because it's Brooklyn and it ties into Jackie Robinson breaking in with the Brooklyn Dodgers. 

On day 6 at NYFW I was definitely wearing the brightest and boldest look of the entire week. When I put together this outfit, I can assure you I didn't have in mind "valentine's day"chromatic inspiration. I wanted to wear this combination for a while now and I also wanted to stay warm as this season had the most incredible cold winter in years... So you can notice that I'm wearing lots of layers.
Definitely the biggest challenge at this Fashion Week was the battle between staying warm and the look that I wanted to wear.





                                                                                     Coat: Asos/ Here
                                                                                     Blazer: vintage/ option Here
                                                                                     Bag: Reed Krakoff/ I love this color too Here
                                                                                     Pants: Mago/ similar Here and Here
                                                                                     Boots: FioriFrancesi/ Here
                                                                                     Sunglasses: Christian Dior c/o Pretavoir/ Here
                                                                                     Bangles bracelets: c/o Cooee/ Here and Here
                                                                                     Belt: French Connection

NY Daily News reports a New Jersey teacher may lose her job after two of her kindergarten students were found "having sex" while naked in the classroom's bathroom.


The rural South Jersey school district of Mullica Township seeks to remove kindergarten teacher Kelly Mascio after two 5-year-old students — a boy and girl — were found naked in the bathroom at her classroom on Sept. 30, reports the Press of Atlantic City. The students told the teacher they were "having sex," the newspaper reports.

Mascio, a teacher in the district for 15 years, reported the incident to her supervisor and police were called regarding the incident. The teacher was immediately suspended with pay, the newspaper reported.

No criminal charges were filed.

The Mullica Township Board of Education voted Wednesday to bring charges against the educator through the state to seek to remove her from her position, the newspaper reported.

But the teacher has a lot of support in the community as 200 people came to support her at the meeting.

More here

The Blaze reports “Fox News Sunday” host Chris Wallace suggested Sunday that National Security Advisor Susan Rice failed to appear on his program because she didn’t want to face his tough questioning.

“I wanted to ask the Obama Administration about the crisis in Ukraine, but they decided to put National Security Advisor Susan Rice on only one show today in her first Sunday appearance since 2012 when she blamed the Benghazi terror attack on reaction to an anti-Islam video,” Wallace said. “Of course FOX has led the way in questioning how the administration handled Benghazi.”

This is an update to a post I did several years ago.

September 23, 2011
An Employment Trend that Has Not Failed





In hindsight, it has not been easy.

The following chart shows the natural log of financial activities employment divided by manufacturing employment. When using logs, constant exponential growth is seen as a straight line.


Click to enlarge.

This trend is in serious danger of failing. We're at the very bottom of the channel again. We last saw this heading into the dotcom bust. Before that we were heading into several recessions in the late 1970s. We also saw it as we were putting a man on the moon in 1969. Have we colonized the moon yet thanks to our ever growing prosperity? Or are we planning to put that off a few more years?

Do not lose hope. When Mr. FIRE Economy was asked about his recent under-performance relative to manufacturing (relative to the long-term trend) he exclaimed, "Give me recession or give me death!" To which Mr. Manufacturing Economy laughed with great hubris, "Don't be silly! Our new and improved Fed has permanently put an end to all recessions! It's common knowledge. Everyone knows it. It really is different this time!"

In all seriousness, note that the ratio tends to rise most during recessions as manufacturing employment plummets more than financial activities employment. Being at the very bottom of the channel therefore puts us in "great" position for another legendary rise in the ratio. If the trend holds over the long-term (think fully automated manufacturing employment), then it is only a matter of time.

This is not investment advice.

Source Data:
St. Louis Fed: Custom Chart

Joaquín Guzmán Loera, aka, "El Chapo"

911 Whistleblower Susan Lindauer...