Steve Liesman Apologizes

Following his "can we get some mexican music to go along with that" Ted Cruz comments, the always "apolitical" Steve Liesman – who honed his 'economic' teeth while on a mission to communist Russia – has issued an apology. Explaining his remarks were not meant to be "offensive in any way," Liesman suggested perhaps country-western would be a better choice next time…

 

The "oops" moment…

On Tuesday morning’s CNBC Squawk Box, senior economics reporter Steve Liesman blamed the weak jobs report on Senator Ted Cruz (R-TX). He said, “We’re going to call this the Senator Ted Cruz jobs report. These are the jobless claims of Senator Ted Cruz.” As CNBC showed a picture of Cruz, Liesman added, “There he is! There he is! Can we get some music to go along with that, some Mexican music maybe?”

 

 

and the apology

Regarding my recent remark on Squawk Box regarding Senator Ted Cruz, I first want to deeply and sincerely apologize if my remarks were insensitive.

 

Second, I want to explain that it was not intended to be offensive in any way.

 

I thought of him only as an American senator from Texas, and in an attempt, on the fly, to choose music representing that state, I chose Mexican music.

 

As a musician for many decades, I've played and listened to tons of Texas songs infused with Mexican themes. A better choice would have been Country/Western or Texas Roadhouse Blues – it was a bad reach all the way around.

 


    



via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/-Q1V-zPMpFo/story01.htm Tyler Durden

Carl iCahn Tweets "New Letter" Sent To Apple's Tim Cook

Given the carnage that ensued in NFLX yesterday, we suspect the following tweet:

 

 

which he notes will be released to the public tomorrow is more a threat of him “selling” his shares if he doesn’t get what he wants… and given the market liquidity, who knows what AAPL’s stock does?


    



via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/TdFwN9jhUlY/story01.htm Tyler Durden

Carl iCahn Tweets “New Letter” Sent To Apple’s Tim Cook

Given the carnage that ensued in NFLX yesterday, we suspect the following tweet:

 

 

which he notes will be released to the public tomorrow is more a threat of him “selling” his shares if he doesn’t get what he wants… and given the market liquidity, who knows what AAPL’s stock does?


    



via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/TdFwN9jhUlY/story01.htm Tyler Durden

Gov. Deal pins ‘Deal of Year’ on Pinewood

The Georgia Economic Developers Association (GEDA) on Monday presented Pinewood Atlanta Studios and the Fayette County Development Authority (FCDA) with the 2013 Deal of the Year Award in the “Large Community” category.

Gov. Nathan Deal was on hand to recognize company and community representatives at GEDA’s Annual Awards Ceremony held at the Macon Marriott City Center.

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via The Citizen http://www.thecitizen.com/articles/10-23-2013/gov-deal-pins-%E2%80%98deal-year%E2%80%99-pinewood

F’ville’s Books Down South festival is Saturday

More than 40 local and regional authors, including several New York Times bestsellers, are participating in Books Down South, A Festival for Readers and Writers, on Saturday, Oct. 26, in the former River’s Elementary School at the intersection of Sandy Creek Road and Veterans Parkway in Fayetteville (map below).

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via The Citizen http://www.thecitizen.com/articles/10-23-2013/f%E2%80%99ville%E2%80%99s-books-down-south-festival-saturday

It’s The 2nd Worst Decade In Over 220 Years (And Getting Worse)

In 223 years, the average real GDP growth for the USA has been 3.8%. At 1.9%, the 2000-2010 decade was the 2nd worst decade for real GDP growth in the storied history of the United States. The worst since 1790 was the 1930s which was followed by what many hope for now, an explosion of growth that occurred in the 1940s. However, three years in, real GDP growth for the 2010-> decade does not look as good as ‘hope’ would like it to be. So what is different this time and what ‘facilitated’ the 1940s recovery? The sad, but very real, truth is… war… but funding that this time will be problem…

 

The 2nd worst decade of growth for the US ever… and getting worse

 

But what “saved” us last time looks a little more tricky this time…

 

Especially given the polarization in DC…

 

Charts: Hoisington and Citi


    



via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/2Ht-Ev2rIjM/story01.htm Tyler Durden

It's The 2nd Worst Decade In Over 220 Years (And Getting Worse)

In 223 years, the average real GDP growth for the USA has been 3.8%. At 1.9%, the 2000-2010 decade was the 2nd worst decade for real GDP growth in the storied history of the United States. The worst since 1790 was the 1930s which was followed by what many hope for now, an explosion of growth that occurred in the 1940s. However, three years in, real GDP growth for the 2010-> decade does not look as good as ‘hope’ would like it to be. So what is different this time and what ‘facilitated’ the 1940s recovery? The sad, but very real, truth is… war… but funding that this time will be problem…

 

The 2nd worst decade of growth for the US ever… and getting worse

 

But what “saved” us last time looks a little more tricky this time…

 

Especially given the polarization in DC…

 

Charts: Hoisington and Citi


    



via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/2Ht-Ev2rIjM/story01.htm Tyler Durden

BofAML Turns Bullish On Gold

BofAML’s MacNeil Curry is changing his view on gold from bearish to bullish. The impulsive gains from the 1251 low of Oct-15 and break of the two-month downtrend (confirmed on the break of 1330) tells him that a medium-term base and bullish turn is unfolding. BoFAML looks for an ultimate break of the 1433 highs of Aug-28, with potential for a push to 1500/1533 long term resistance. In the next several sessions Curry suggest buying dips into 1309, cautioning that this bullish view is “wrong” if gold breaks below 1251. For those awaiting additional confirmation of a turn, Curry notes you need to see a break of 1375 (Sep-19 high & right shoulder off a multi-month Head and Shoulders Top).

 


    



via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/Dx7MAtkWIJE/story01.htm Tyler Durden

Grady Ave. developer told: ‘No apartments’

Developers for the proposed mixed residential development on Grady Avenue in Fayetteville were expected to ask the City Council on Oct. 17 to agree to have the potential development return for a full review by the city’s Planning and Zoning Commission. The council agreed, but with the proviso that the new re-worked proposal come with approximately 150 townhomes and cottages and no apartments.

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via The Citizen http://www.thecitizen.com/articles/10-23-2013/grady-ave-developer-told-%E2%80%98no-apartments%E2%80%99

China Cafe robbery suspect shoots himself before capture

Faced with a potential murder charge for participating in the Oct. 11 armed robbery and shootout at the China Cafe in Fayetteville, Leandro Bernard Johnson, 27, surely knew his days as a free man were over.

Instead of surrendering to a group of armed marshals Tuesday morning, Johnson ended his own life with a single gunshot wound to the head, officials said.

His lifeless body, a handgun laying beside it, was found in the closet of a relative’s apartment in Covington, according to U.S. Marshals Southeast Regional Fugitive Task Force Supervisor Jim Joyner.

read more

via The Citizen http://www.thecitizen.com/articles/10-23-2013/china-cafe-robbery-suspect-shoots-himself-capture