In better economic times, workers in this dusty inland town [of Azusa, California] east of Los Angeles built motor homes in the low-slung complex at 975 West First Street.

More recently, it was an assembly site for floats in the Tournament of Roses Parade. Today it is the home of two Hispanic Protestant churches, which rent space for Sunday services in two buildings set on 1.3 acres. So when the site’s owners decided to sell the property, they called Raphael Realty.

David and Mary Raphael are real estate agents who deal only in church buildings. It’s a rare specialty. They could think of only two other real estate agencies in the country that do what they do, one in Texas and one in Northern California.

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4.The IE IQ hoax: For one brief, glorious moment, tech reporters thought it just might be possible that people who used the Internet Explorer browser were actually dumber than those who used other browsers. A company called Aptiquant put out a study that seemed to prove it. The story spread like wildfire, until it was revealed to be a hoax. When the truth came out, the guy behind it all had this to say: “It was just a joke, and I didn’t really mean to insult anybody.” (Not technically an April Fools’ Day joke, but way too good to leave out.)

5. World of Warcraft introduces Crabby, the dungeon helper: On April 1, 2011, Blizzard, the maker of World of Warcraft, introduced Crabby, a giant holographic crab that hangs out at the bottom right-hand region of your screen and helps provide advice and helpful tips as you make your way through Azeroth’s dungeons. He’s so awesome, and fake.

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Spain’s first general strike for 18 months has been well-supported, as citizens protest against the government’s labour reforms and austerity plans.

Protests began early, with demonstrators clashing with police in several cities as they tried to disrupt buses and prevent lorries arriving at, or leaving, wholesale markets. Over 50 people were arrested, and a small number treated for injuries.

Unions say they were pleased with the turnout today. Transport links have been badly affected, with hundreds of flights cancelled, and trains and buses delayed.

Read it all and look at the pictures.

Update: There is more there as well.

Data may have been targeted at a “U.S.-based entity,” and MasterCard’s own systems “have not been compromised in any manner,” the Purchase, New York-based company said today in an e-mailed statement. It didn’t specify how many accounts may have been affected.

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California’s high-tech firms make the world’s most popular smartphones, social networks and search engines, but there’s one asset they’re struggling to build: trust.

The vast majority of Californians surveyed in a statewide poll are worried about the data collected by Internet and smartphone companies, and most said they distrust even firms known for their ardent fans and tens of millions of daily users.

Many of those surveyed in the latest USC Dornsife/Times poll also said they were wary of firms collecting personal information without their knowledge and concerned that personal data could become public or be harvested to sell them products.

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So how do Melbourne, London and Montreal maintain economically affordable, academically excellent Jewish schools? Simple: The government picks up part of the tab, often by covering the cost of the school’s secular subjects. If American Jews want our Jewish schools to flourish, we must push our government to do the same.
Doing so would constitute a radical shift. Outside the Orthodox community, American Jewish organizations have for decades opposed government funding for religious schools. The most common objection is that by intertwining church and state, such funding threatens religious liberty, a deep concern for a religious group that comprises roughly 2% of the U.S. population.

But that fear is overblown. Government aid to Jewish schools in Australia, Britain and Canada doesn’t mean that Jews in those countries enjoy less religious liberty than their American counterparts. Even in America, state and local governments already pay for the cost of special education in religious schools.

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Watch it all. “A much better garage”–LOL.

Prime Minister Mariano Rajoy will unveil the most austere budget since before Spain’s return to democracy in 1978, risking a deeper recession in a bid to avoid succumbing to Europe’s debt crisis.

“There’s interest in seeing how they are going to manage this particular trick of cutting the budget so aggressively,” said Harvinder Sian, an interest-rate strategist at Royal Bank of Scotland Group Plc in London, during a telephone interview. “The recession will be dramatic.”

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An urbanization drive perhaps unparalleled in human history has turned China into a continent-sized construction site. Some of the new buildings have won international acclaim, such as Beijing’s “Bird’s Nest” stadium built for the 2008 Olympics. But far too many are eyesores, complain architects and online critics.

When the architecture website www.archcy.com asked readers to vote for China’s top 10 ugliest buildings, Li Hu, a Beijing-based partner at U.S. Steven Holl Architects, said, “Choosing 10 is very hard, choosing a million is perfectly possible.

“Development is too quick. Architects don’t have time to reflect,” says Li, who blames the ugly edifices in part on interference by government officials, a lack of imagination by architects and corruption.

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With the highest unemployment rate in the European Union at 23 per cent and 50 per cent of young people out of work, Spain this week veered back to recession for the second time in two years.

The strike comes amid mounting international concern that Spain might become the next casualty of the eurozone debt crisis after Greece, Ireland and Portugal, which were all forced to accept financial rescue packages.

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In 1962, the prestigious American Law Institute issued the Model Penal Code, resulting in the confused state of theft law we’re still dealing with today.

In a radical departure from prior law, the code defined “property” to refer to “anything of value.” Henceforth, it would no longer matter whether the property misappropriated was tangible or intangible, real or personal, a good or a service. All of these things were now to be treated uniformly.

Before long, the code would inform the criminal law that virtually every law student in the country was learning. And when these new lawyers went to work on Capitol Hill, at the Justice Department and elsewhere, they had that approach to theft in mind.

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Be careful about the personal information and opinions you broadcast online, we are wisely and repeatedly told. Anyone from a prospective employer to an insurance company might be interested in details that you’ll regret divulging someday.

But employers cross a bright, hard line when they demand, as some do, that job applicants divulge their passwords to Facebook and other social media sites, or have them log on so the interviewer can scrutinize their likes and dislikes, their relationships, their photos, their friends’ personal information.

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Shortly after she enrolled her 3-year-old son in a prestigious, $21,000-a-year Upper East Side preschool, Rachael Combe, an editor at Elle, received an invitation from the head of the school to come by for a visit. She assumed the meeting was to discuss how her son was adapting to the school’s curriculum.

Instead, the head of school explained that he was laying the groundwork for a new capital campaign, and that he had already received commitments from various families ”” some up to $1 million. Would Ms. Combe and her husband consider a gift of “even $25,000 to $50,000?”

Relentless fund-raising, be it for the annual fund, the spring benefit or the latest capital campaign, is as much a feature of private schools as small classes and diverse offerings. But with schools hitting the upper limits of what they can charge for tuition, consultants, parents and school heads say the race for donations has become notably more intense and aggressive.

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Debt can limit a person’s generosity — and a church’s.

Travis Smalley arrived at the Cincinnati-area Lakota Hills Baptist Church six years ago with a vision to plant churches locally, nationally and internationally. But just in Ohio, with just one Southern Baptist church for every 17,868 people, Smalley knew Lakota Hills couldn’t reach everyone.

Yet Smalley’s passion to start churches ran up against a major roadblock — lack of funds.

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The congregation of St. David’s Anglican Church in Peters will hand over its property, its name and its debt of nearly $1 million to the Episcopal Diocese of Pittsburgh and start over in a former Catholic church in Canonsburg.

The move is the latest in a property dispute between the Episcopal Diocese of Pittsburgh and the rival Anglican Diocese of Pittsburgh. The diocese split in 2008, with a majority leaving the Episcopal Church for the theologically conservative Anglican Church in North America.

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We have finally reached the point in our financial history where even bankers hate bankers.

Last week, the Federal Reserve Bank of Dallas issued its 2011 annual report with a 34-page essay, “Why We Must End Too Big To Fail — Now.” The report stops short of calling our nation’s largest banks terrorists, but it does dub them “a clear and present danger to the U.S. economy.”
It begins with a letter from regional Fed president Richard Fisher. “More than half of banking industry assets are on the books of just five institutions,” he complains. “They were a primary culprit in magnifying the financial crisis, and their presence continues to play an important role in prolonging our economic malaise.”

This is not the Tea Party. This is not Occupy Wall Street. This is not some disgruntled Goldman Sachs guy firing off a nastygram to the New York Times on his last day. This is a member of the Federal Reserve itself — an institution that bears responsibility for our banking system devolving into an untenable oligarchy that buys off politicians, captures regulators and eats up our money. This is a member of the establishment saying Too-Big-To-Fail, or TBTF, must die.

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Hitherto, most attention has been given to whether Congress, under its constitutional power to regulate interstate commerce, can coerce individuals into engaging in commerce by buying health insurance. Now, the Institute for Justice, a libertarian public interest law firm, has focused on this fact: The individual mandate is incompatible with centuries of contract law. This is so because a compulsory contract is an oxymoron.

The brief, the primary authors of which are IJ’s Elizabeth Price Foley and Steve Simpson, said Obamacare is the first time Congress has used its power to regulate commerce to produce a law “from which there is no escape.” And “coercing commercial transactions” ”” compelling individuals to sign contracts with insurance companies ”” “is antithetical to the foundational principle of mutual assent that permeated the common law of contracts at the time of the founding and continues to do so today.”

Throughout the life of this nation, it has been understood that for a contract to be valid, the parties to it must mutually assent to its terms ”” without duress.

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Sedláček: Eve and Adam grab the opportunity and eat the fruit. The original sin has the character of excessive, unnecessary consumption. It is not of a sexual nature. A desire for something she doesn’t need is awakened in Eve. The living conditions in paradise were complete, and yet everything God had given the two wasn’t enough. In this sense, greed isn’t just at the birthplace of theoretical economics, but also at the beginning of our history. Greed is the beginning of everything.

SPIEGEL: So evil is the result of insatiability?

Sedláček: The demands of people are a curse of the gods. In Greek mythology, the story of Pandora, the first woman, who opens her jar out of curiosity, thereby releasing poverty, hunger and disease into the world, tells the same story as the Bible. In Babylonian culture, the Gilgamesh epic shows how desire rips man out of the harmony of nature.

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Even as membership remains relatively stable in U.S. churches, the effects of the recession have caused contributions to drop by $1.2 billion.

According to the 2012 Yearbook of American & Canadian Churches, the almost $29 billion contributed by church members represented a 2.2 percent decrease in terms of per capita giving.

The $1.2 billion decline in 2010 was nearly three times as large as the $431 million in losses reported in 2009, and “provides clear evidence of the impact of the deepening crises in the reporting period,” the Yearbook’s editor, the Rev. Eileen Lindner, wrote.

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The Great Recession is officially over, but for a huge number of Americans, serious debt lives on.

U.S. households owe a combined $11.5 trillion on credit cards, car loans, mortgages and other consumer debt, according to the Federal Reserve Bank of New York.

In households across the country, big debt is causing sleepless nights, troubled relationships and uncertain futures. The good news: There are ways out. And you don’t have to file for bankruptcy.

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Attorneys for Christ Church Savannah have filed documents asking the U.S. Supreme Court to intervene in litigation they contend deprived them of the Johnson Square church property.

The 45-page document filed Thursday afternoon asks the high court to determine the law on local church property, which it contends has been inconsistently treated in five different jurisdictions considering the issue.

The supreme court may accept or reject the request for review.

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The Trinity Broadcasting Network, which bills itself as the world’s largest Christian network, is embroiled in a legal battle involving allegations of massive financial fraud and lavish spending, including the purchase of a $100,000 motor home for family dogs.

Brittany Koper, a former high-ranking TBN official and the granddaughter of its co-founder, Paul Crouch Sr., was fired by the network in September after discovering “illegal financial schemes” amounting to tens of millions of dollars, according to a lawsuit filed in Orange County Superior Court.

“She blew the whistle and got terminated,” said attorney Tymothy MacLeod, who filed the suit on behalf of Joseph McVeigh, the uncle of Koper’s husband, Michael Koper, who was himself a high-ranking TBN officer.

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Across the country, the oil and gas industry is vastly increasing production, reversing two decades of decline. Using new technology and spurred by rising oil prices since the mid-2000s, the industry is extracting millions of barrels more a week, from the deepest waters of the Gulf of Mexico to the prairies of North Dakota.

At the same time, Americans are pumping significantly less gasoline. While that is partly a result of the recession and higher gasoline prices, people are also driving fewer miles and replacing older cars with more fuel-efficient vehicles at a greater clip, federal data show.

Taken together, the increasing production and declining consumption have unexpectedly brought the United States markedly closer to a goal that has tantalized presidents since Richard Nixon: independence from foreign energy sources, a milestone that could reconfigure American foreign policy, the economy and more.

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The centerpiece of the case against Obamacare is the requirement that everyone buy some kind of health insurance or face stiff penalties–the so-called individual mandate. It is a way of moving toward universal coverage without a government-run or single-payer system. It might surprise Americans to learn that another advanced industrial country, one with a totally private health care system, made precisely the same choice nearly 20 years ago: Switzerland. The lessons from Switzerland and other countries can’t resolve the constitutional issues, but they suggest the inevitability of some version of Obamacare….

Twenty years ago, Switzerland had a system very similar to America’s–private insurers, private providers–with very similar problems. People didn’t buy insurance but ended up in emergency rooms, insurers screened out people with pre-existing conditions, and costs were rising fast. The country came to the conclusion that to make health care work, everyone had to buy insurance.

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A Day in the Life of a Financial Advisor
by: seyah21

Watch it all–lol.

Seven years after Florida adopted its sweeping self-defense law, the shooting of Trayvon Martin, an unarmed black teenager, has put that law at the center of an increasingly angry debate over how he was killed and whether law enforcement has the authority to charge the man who killed him.

The law, called Stand Your Ground, is one of 21 such laws around the country, many of them passed within the last few years. In Florida, it was pushed heavily by the National Rifle Association but opposed vigorously by law enforcement.

It gives the benefit of the doubt to a person who claims self-defense, regardless of whether the killing takes place on a street, in a car or in a bar ”” not just in one’s home, the standard cited in more restrictive laws. In Florida, if people feel they are in imminent danger from being killed or badly injured, they do not have to retreat, even if it would seem reasonable to do so. They have the right to “stand their ground” and protect themselves.

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Sweden was the first European country to introduce bank notes in 1661. Now it’s come farther than most on the path toward getting rid of them.

“I can’t see why we should be printing bank notes at all anymore,” says Bjoern Ulvaeus, former member of 1970’s pop group ABBA, and a vocal proponent for a world without cash.

The contours of such a society are starting to take shape in this high-tech nation, frustrating those who prefer coins and bills over digital money.

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Conventional wisdom has advanced competing theories: Wall Street types took too many risks, encouraged by lax government regulation; or pro-homeownership policies eroded mortgage-lending standards and created the housing bubble.

Actually, both theories are correct ”” and neither is….
[The real foundation was laid with Paul Volcker’s]… decisive defeat of double-digit inflation in the early 1980s.

All the good news (low inflation, high employment, rising stock and real estate prices) drove economic growth. Between 1982 and 2007, there were only two mild recessions. When prosperity was jeopardized ”” by the 1997 Asian financial crisis, the tech crash in 2000, the 9/11 attacks ”” the Federal Reserve seemed to defuse the threats. The economy seemed less risky. Economists announced the Great Moderation of business cycles.

Booms become busts because justifiable confidence becomes foolish optimism. So it was. Believing the world less risky, people took more risks. Investment banks and households increased their debt. Lending standards eroded, because borrowers’ repayment prospects were thought to have improved. Regulators relaxed oversight, because markets seemed more stable and self-correcting. On the fringes, ethical standards frayed; criminality increased. The rest, as they say, is history.

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We don’t yet know where the stay-home generation will make their church homes. When the economy improves they may hit the road. But I wonder if something has changed for good during the Great Recession. Diminished economic opportunities might have taught a generation of young adults that they cannot depend on money to make them happy. Even in a better economy your job probably won’t last long; the company may not be able to afford you, or you may soon be looking for something else to improve your meager earnings. Organizational loyalty, up and down the corporate ladder, has collapsed.

It would be easy to follow the lead of Todd and Victoria Buchholz and blame Facebook and laziness for younger Americans’ unwillingness to drop everything and move to North Dakota. But I would hope other factors, chiefly love of neighbor and family, are at work. The grass is not always greener in the Peace Garden State. Your sins will follow you even to the Canadian border. It’s challenging but rewarding to stay home and learn to love the family, church, and neighbors who have known you since youth.

Americans may take the restless pursuit of prosperity at any cost for granted, but that doesn’t make it any more acceptable in God’s eyes. the national narrative that celebrates the free-ranging individual fosters sinful discontent….

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At some point, the spectacle America is now calling a presidential campaign will turn away from comedy and start focusing on things that really matter””such as the “fiscal cliff” our federal government is rapidly approaching.

The what? A cliff is something from which you don’t want to fall. But as I’ll explain shortly, a number of decisions to kick the budgetary can down the road have conspired to place a remarkably large fiscal contraction on the calendar for January 2013””unless Congress takes action to avoid it.

Well, that gives Congress plenty of time, right? Yes. But if you’re like me, the phrase “unless Congress takes action” sends a chill down your spine””especially since the cliff came about because of Congress’s past inability to agree.

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