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Special Device Help Prevent Suddent Infant Death

Special Device Help Prevent Suddent Infant Death

Researchers from Germany's Fraunhofer Institute for Reliability and Microintegration IZM in Berlin has developed a new breathing sensor system that help prevent Sudden Infant Death Syndrome (SIDS). This syst...

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University Installs Grass Lawn in School Library

University Installs Grass Lawn in School Library

Cornell University has built a grass lawn inside their school library as a part of a project of their institution's Department of Design and Environmental Analysis. The department is currently conducting a r...

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Wash Your Clothes in a Portable Washing Machine [Video]

Wash Your Clothes in a Portable Washing Machine [Video]

Meet, the Scrubba, a portable washing machine, in form of a bag. This wash bag, allows people to do their laundry, on-the-go. The Scrubba is a lightweight, foldable bag that features small nodules to help sc...

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Fart-Deodorizing Underwear Sold in Japan

Fart-Deodorizing Underwear Sold in Japan

Thanks to Japan's new invention, the Deoest underwear, extreme farters can now release their foul smelling gas and prevent people near them from fainting. It is a fart-deodorizing underwear, created by Profe...

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Tax Deal Alleviates Senate’s Hurdle

Written on December 14, 2010 by Japhet Writ

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The final Senate approval for Bush Tax Cuts extension, as well as unemployment benefits and the payroll tax cut could come as early as today. Will these new packages help the US economy?

Last Monday, the hotly debated tax deal negotiated by President Barack Obama and the Republican leaders cleared a key Senate procedural hurdle. It can be expected that the final Senate approval will come as early as today. The package to extend the Bush Tax Cuts for two more years, as well as the unemployment benefits for additional 13 months, and cutting the payroll tax by two percent for a year already received a nod from the Senate. That being said, Obama is urging the House to pass it quickly despite the fact that both sides of the political spectrum are unhappy.

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Investors Care Most About Bush Tax Cuts

Written on December 06, 2010 by Japhet Writ

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"There aren't a whole lot of catalysts that will push stocks materially higher from here, but one thing that could serve as a real positive is if we see Congress extend all the tax rates." ---Dorsey Farr, French Wolf & Farr co-founder.

The additional 39,000 jobs last November are fewer than what the economists are hoping for. The employment rate also rose to 9.8%, a proof that the current US economy is still weak. However, stock investors are more focused on Washington policies such as the Bush Tax Cuts.

Investors are hoping that the current tax rates for all Americans will be extended. According to the French Wolf & Farr co-founder, Dorsey Farr, the stocks will be pushed materially higher if the Congress extends all the tax rates. The current structure of the Bush Tax Cuts will expire by the end of the year. And when no extension is approved by that time, everyone’s income and investment levy will spike back up.

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