Presenting The $303 Trillion In Derivatives That US Taxpayers Are Now On The Hook For | Zero Hedge

Courtesy of the Cronybus(sic) last minute passage, government was provided a quid-pro-quo $1.1 trillion spending allowance with Wall Street’s blessing in exchange for assuring banks that taxpayers would be on the hook for yet another bailout, as a result of the swaps push-out provision, after incorporating explicit Citigroup language that allows financial institutions to trade certain financial derivatives from subsidiaries that are insured by the Federal Deposit Insurance Corp, explicitly putting taxpayers on the hook for losses caused by these contracts. Recall:

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http://www.zerohedge.com/news/2014-12-12/presenting-303-trillion-derivatives-us-taxpayers-are-now-hook

Mindfulness – Anderson Cooper – CBS News – Wisdom 2.0

Anderson Cooper reports on what it’s like to try to achieve “mindfulness,” a self-awareness scientists say is very healthy, but rarely achieved in today’s world of digital distractions

via Mindfulness – CBS News.

 

 

Friends,

60 Minutes reached out to us last year about a program they wanted to do on Mindfulness in America. They attended the last Wisdom 2.0, and we later helped organize a small meditation retreat that the host of the show, Anderson Cooper, joined that was led by Jon and Will Kabat-Zinn.

Anderson and his team interviewed various people, from researchers to business leaders to sports psychologists, all with a focus on mindfulness.

We do not know what content they have chosen (or if it will be a positive representation of this field or a somewhat suspicious one) but we wanted to let you know that the program airs tonight Sunday, Dec. 14 at 7 p.m. ET/PT.

All signs are that they did a very thorough job preparing the piece.

You can watch it tonight and see a teaser here. They will have more footage on their website after the show.

Wishing you well,
Soren