Sunday, April 29, 2012

Alzheimer's Reading Room: Rampant Use of Antipsychotic Drugs in Nursing Homes Exposed

The data show that in more than one in five nursing homes in the United States, antipsychotics are administered to a significant percentage of residents despite the fact that they do not have a related condition that warrants their use.

Alzheimer's Reading Room
A Boston Globe investigation has found that roughly 185,000 nursing home residents in the United States received antipsychotics in 2010 contrary to federal nursing home regulators’ recommendations.
The government finally provided the data to the Boston Globe, 19 months after the newspaper submitted a Freedom of Information Act request.
The data show that in more than one in five nursing homes in the United States, antipsychotics are administered to a significant percentage of residents despite the fact that they do not have a psychosis or related condition that nursing home regulators say warrants their use.

Wednesday, April 18, 2012

Gold Quarterly Statistics Commentary Q1 2012 | All American Investor

Quarterly statistics commentary Q1 2012. Rising price in all major currencies with yen investors benefiting most.

All American Investor

This brief commentary summarises gold’s price performance in various currencies, its volatility statistics and correlation to other assets in the quarter. It provides context to the investment statistics files published at the end of each quarter.
The primary macroeconomic events that shaped Q1 2012 for gold were broad-based US economic data strength, China slowdown concerns, ECB (European Central Bank) bank loans and future European bailout potential. In an eventful quarter for the global economy that saw increased volatility in capital markets, gold finished the quarter materially higher despite a number of headwinds.

Tuesday, April 17, 2012

Morning Journal-The 'fast and furious' (gun sales to Mexican cartels) scandal is not over | All American Investor

Morning Journal-The 'fast and furious' (gun sales to Mexican cartels) scandal is not over

Economics
This Week’s Data

February business inventories rose 0.6%, in line with expectations; positively, business sales increased 0.8%. 
March housing starts fell 44,000 versus estimates of a 7,000 increase; howver, building permits surged 30,000 versus forecasts of a 2,000 decline.
http://www.calculatedriskblog.com/2012/04/housing-starts-decline-in-march.html 

Thursday, April 12, 2012

Alex Karras Has Dementia Sues NFL

Alex Karras
Alex Karras is a former All-Pro football player and actor. 
He is a household name in the U.S. 
Karris was officially diagnosed with dementia seven years ago, and is taking the role of lead plaintiff in a suit against the National Football League. 
Karras and Susan Clark, his wife, are two of 119 people who filed suit today in U.S. District Court in Philadelphia, the latest complaint brought against the NFL by ex-players who say the league didn’t do enough to protect them from head injuries.
As far as I can tell, more than 1,000 former NFL players are now suing the league.

A growing number of well known sports figures, actors, and musicians have disclosed that they are suffering from dementia, or have died from dementia in the last few years.

Saturday, April 07, 2012

The Truth about Taxes: Just About Everyone Pays Them

Who Pays Taxes? A closer look reveals that nearly all Americans do, in fact, pay taxes.

A popular myth swirling around Washington, DC, and throughout the media these days is that many Americans do not pay taxes, and are therefore free-riding off of our society without contributing themselves.

This has even been referred to by some as a “new orthodoxy.” The origin of this misconception is the observation that only about 54 percent of American households paid federal income taxes during recession-affected 2011. But that statistic is misleading because it provides an incomplete picture of the overall tax burden on American families, and because it incorporates individuals who naturally shouldn’t be paying taxes because of their age or economic circumstances due to the Recession.

A closer look reveals that nearly all Americans do, in fact, pay taxes.

All American Investor

Read More: The Truth about Taxes: Just About Everyone Pays Them

Also see: GOP Candidates: Too Many Americans Pay No Taxes

Thursday, April 05, 2012

Xilinx (XLNX) 2012 Review

Xilinx designs, develops and markets complementary metal-oxide-silicon programmable logic devices, including field programmable gate arrays and complex programmable logic devices and markets hardware devices and develops software design tools for programmable electronic technologies.

Steve Cook
The company has grown profits at a 10% pace over the last 10 years and has raised its dividend per share from $.20 in 2004 to $.64 in 2010. Return on equity has come in between 16% and 20% in the last five years. XLNX experienced a hiccup in 2009 due to the recession but recovered in 2010 year and should continue to make progress as a result of:
(1) benefiting from the global trend of programmable logic devices replacing application-specific integrated circuits,
(2) improvement in demand from its two principal markets,
(3) new products expected to open new markets,

Wednesday, April 04, 2012

HomeSnap Lets You Snap Photos Of Houses And See How Much They're Worth

Every wonder what a house is worth? If so, you will love this new app. What do you think?

Here's an iPhone app for the new Silicon Valley housing boom: HomeSnap lets you snap photos of houses and know what they sold for and how much they're worth.

Robert Scoble was raving about it yesterday during a panel session at the Startupism conference in San Francisco.




Original content Bob DeMarco, Look Beyond the Obvious