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Watch Reddit's New Adorably Awesome YouTube Series ?Explain Like I'm Five?

Move over cat videos, YouTube has a new series that’ll satisfy our need for midday adorableness and make us smarter. “Explain Like I’m Five” is a new web series from the wildly popular content aggregator, Reddit, that explains topics, such as existentialism and the Syrian war, through giggly conversations with five year olds. Watch the first episode on Nietzsche’s existentialism, below The hybrid of animation and live-action narration is part of a broader experiment in creating original YouTube videos out of Reddit’s most popular content. That YouTube is sponsoring (i.e. paying for) the videos is likely related to its previous $100 million foray into original premium content. In the past, YouTube selected top-notch creative talent, such as The Office‘s Rainn Wilson. YouTube appears to be taking the opposite approach with Reddit, creating multimedia content out of what’s already popular. While the videos don’t move beyond the basic facts about each topic, the material is memorable enough that I’ll probably actually remember it. Indeed, it was Einstein who said, “If you can’t explain it to a six year old, you don’t understand it yourself.”

Source: http://feedproxy.google.com/~r/Techcrunch/~3/1scnyqrlFN0/

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World stocks up a day after Dow hits record high

BANGKOK (AP) ? The Dow's new all-time high and better economic data from the United States propelled world stock markets higher Wednesday.

Markets continued to shrug off a budget impasse in Washington. Automatic government budget cuts took effect Friday after President Barack Obama and Congress failed to reach a budget deal. Economists expect the $85 billion in cuts to hurt U.S. economic growth.

European shares added to gains reaped a day earlier, when the Dow posted a new record. Britain's FTSE 100 rose 0.2 percent to 6,446.43. Germany's DAX advanced 0.4 percent to 7,903.70. France's CAC-40 added 0.3 percent to 3,798.04.

Wall Street showed no signs of slowing, with Dow Jones industrial futures rising 0.3 percent to 14,272. S&P 500 futures gained 0.3 percent to 1,541.80.

Japan's benchmark index reached a multi-year closing high, capping a day of positive trade in Asia. The Nikkei 225 jumped 2.1 percent to close at 11,932.27, the highest finish since September 2008.

Hong Kong's Hang Seng added 1 percent to 22,777.84. South Korea's Kospi rose 0.2 percent to 2,020.74. Australia's S&P/ASX 200 advanced 0.8 percent to 5,116.80. Benchmarks in Singapore, Taiwan, Indonesia and mainland China rose.

Analysts said markets were taking their cues from Federal Reserve chairman Ben Bernanke, who has overseen a campaign of massive bond-buying to support the world's biggest economy after the 2008 financial crisis. The issuance of bonds has pushed their prices down, steering investors toward stocks. The program known as "quantitative easing" is in its third phase, which is dubbed QE3.

"The lesson is clear. Don't bet on Capitol Hill. Bet on Fed Chairman Ben Bernanke instead. To be sure, it was Bernanke's reassurance, as last week's congressional testimonies on monetary policy, to keep QE3 on its present course that turned a worried stock market into a record high," said analysts at DBS Bank Ltd. in Singapore.

Ric Spooner, chief market analyst at CMC Markets in Sydney, said the new highs reached on Wall Street provided a psychological boost to investors but that such gains can go into reverse pretty quickly.

"From the big picture point of view, there is a lot of risk in either direction for the stock market at the moment," he said. "But we could quite easily continue rising, given how low interest rates are."

Among individual stocks, troubled Japanese electronics maker Sharp Corp. soared 14.1 percent after South Korea's Samsung Electronics Co. said it will invest 10.4 billion yen ($112 million) in Sharp to secure a supply of large-size LCD panels. Samsung gained 0.7 percent.

Benchmark oil for April delivery was up 7 cents to $90.88 per barrel in electronic trading on the New York Mercantile Exchange. The contract rose 70 cents to close at $90.82 a barrel on the Nymex on Tuesday, hours after the death of Venezuelan President Hugo Chavez, whose country sits on the world's second-largest oil reserves, after Saudi Arabia.

In currencies, the euro rose to $1.3050 from $1.3040 late Tuesday in New York. The dollar rose to 93.42 yen from 93.29 yen.

___

Follow Pamela Sampson on Twitter at http://twitter.com/pamelasampson

Source: http://news.yahoo.com/world-stocks-day-dow-hits-record-high-091653229--finance.html

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Wall Street climbs; S&P closes at five-year high?

13 hrs.

From wire services , NBC News

Stocks closed?the?trading?day?higher, pushing the Standard & Poor's 500 index to another five-year high, after strong reports on housing starts and unemployment claims made investors more optimistic about the U.S. economy.?

The S&P 500 gained eight points to close at 1,480 Thursday, its highest level since December 2007.?

The Dow Jones industrial average also rose, gaining 84 points to 13,596. The Nasdaq composite rose 18 points to 3,136.?

The number of Americans filing new claims for unemployment benefits fell to a five-year low last week and housing starts jumped last month to the highest since June 2008.?

Strength in the housing and labor markets is key to sustained growth and higher corporate profits. Job market improvement helps stimulate consumer spending while a recovery in housing means more purchases of appliances, furniture and other household goods as well as a source of employment.?

"Having consolidated really for the last two weeks, the fact that we broke out, I think that that's sucking in quite a bit of money," said James Dailey, portfolio manager of TEAM Asset Strategy Fund in Harrisburg, Pennsylvania.?

In the housing sector, PulteGroup Inc shares gained 4.9 percent to $20.29 and Toll Brothers Inc advanced 3.1 percent to $35.99.?

EBay's shares rose 2.7 percent to $54.33 a day after it reported holiday quarter results that just beat Wall Street expectations. It gave a 2013 forecast that was within analysts' estimates.?

Gains were tempered somewhat by weakness in the financial sector, with Bank of America down 4.3 percent to $11.27 and Citigroup off 3 percent to $41.22 after they posted their results.?

Bank of America's fourth-quarter profit fell as it took more charges to clean up mortgage-related problems. Citigroup posted $2.32 billion of charges for layoffs and lawsuits.?

The S&P financial sector index slipped 0.14 percent as the only one of the 10 major S&P sectors to decline.?

S&P 500 earnings are expected to have risen 2.3 percent in the fourth quarter, Thomson Reuters data showed. Expectations for the quarter have fallen considerably since October when a 9.9 percent gain was estimated.?

The Associated Press and Reuters contributed to this report.?

Source: http://www.nbcnews.com/business/wall-street-climbs-sp-closes-five-year-high-1B8022562

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Australian troops transition in Afghanistan ahead of schedule Defence Minister

Global Times Tuesday 15th January, 2013

Australian troops will be withdrawn sooner than expected, and the transition will be completed in Uruzgan Province, Afghan by the end of 2013, Australian Defence Minister Stephen Smith said Tuesday.Australia still has some 1550 troops in Afghanistan, most operating in Uruzgan province. But the security responsibility has been handed over progressively to the Afghan army and police. Previously, the timetable for a formal transition extended to the...

Read more

Source: http://www.afghanistansun.com/index.php/sid/211946188/scat/6e1d5c8e1f98f17c

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It?s Better To Be Raised by a Single Mom

A few months ago, social scientist W. Bradford Wilcox insisted in Slate that it?s worse to be raised by a single mother even if you?re not poor. Children of single mothers, he argued, are more likely to end up as pregnant teens, or in jail, or otherwise in trouble. For centuries Wilcox?s has been the common view. But in an age when single motherhood is becoming more common, these mothers (and social science research) are starting to challenge that view. In fact, some believe that in an era when children are coddled and dependent for way too long, being a child of a single parent has distinct advantages.

Readers, we invite you to submit your testimonies on why being raised by a single mother, or being a single mother, has its benefits and might even be better than having both parents around. Send your essays to doublex.slate@gmail.com and write ?single mother? in the subject line. (Please check out our submission guidelines.) We will choose the best ones and run them on the blog. We?d love to hear from single dads and boys raised by single mothers, too.

The author and her kids visit the Clinton Presidential Library in Little Rock, Ark.

Courtesy Pamela Kripke.

If the forms ask, I check off the box that says ?head of the household.? Gender: female. Eyes: brown. Occupation: queen. Queen of the castle. If there were a moat, it would be my moat. I would orchestrate all activities in the moat. Canoe races, water aerobics, turtle hunting, you know. This year marks the 10^th that I have held such an esteemed domestic status. One decade. My first milestone.

When couples celebrate their 10^th anniversary, they might buy important jewelry and give it to each other to wear. Sometimes they surprise each other and hide the jewels under napkins or in soup bowls. That?s because a decade is a long time, a long time to share towels and make compromises and most often raise kids. In marital circles, it is an accomplishment. In unmarital circles, OK, in my unmarital circle, a decade of parenting?alone, without the relationship part?is not an accomplishment. It is a Sisyphean feat. It is like jogging to Uzbekistan. Or deciphering the human genome. I am going to buy a ruby and bake it into a cake and forget that I did it and give it to myself. Surprise! Happy anniversary!

Ten years ago, I was not as ebullient, fearing the logistics, mainly, of my new arrangement?making house payments, changing filters in the attic, getting to soccer practices and ballet without splitting my body in half surgically. The apprehension was warranted; the details have been hard. I worried less, though, that my two daughters, now teenagers, would grow up as well as they would have had a proper father lived in their house. Now, I see that they have grown up with so much more. More than, I daresay, their peers from two-parent families have. Hence, the ruby in the cake.

Kids of unmarried parents, according to all of those studies (of rich moms and poor, educated moms and not-so), are supposed to be failures. They are supposed to abuse drugs, get pregnant, and end up in prison rather than grad school. One-fourth of them are supposed to experience the kind of emotional havoc that renders them useless forever. There is of course no data suggesting that these particular kids might have had similar paths regardless of the number of adults sleeping down the hall. But beyond that there is also the beauty that emerges from the strain, the impediments, even the sometimes terrifying knowledge that their parents might fail them. No single mom wants to fail them?provide less, teach less, support less, be less?but it is in our minds that we might. So we struggle, and over the long term, we impart to our children that struggle can be good. This is something they know intimately.

First, the easy lessons: money. Work hard for it. Save it. Choose what to spend it on. My kids have seen me write for a living at home, tutor, teach classes, and sew purses at the kitchen table so that I could be available to them after school. They know that I could earn more as a ?regular? employee, but they?ve figured out how to assess the value of each option and of other things. They never ask for anything that costs a lot. They thank me for making dinner each night. When they were in elementary school, they put $124.58 in an envelope and gave it to me. It was everything that they had saved. I took one of the dollars and wrote on it: ?This is my birthday present from my wonderful daughters who are selfless and sincere and my very special comrades.? I gave the rest back to them and told them not to ever worry. The bill is in a frame on a bookshelf by my desk.

The author and her kids celebrate another year

Courtesy Pamela Kripke.

Growing up in a house of girls, they?ve learned about independence, about teamwork, about climbing on ladders and lifting couches and fixing (OK, attempting to fix) leaky shower faucets. We have a tool box. We have a grill. (We also have a plumber if we need him.) Looking at the gear in my car trunk, a mechanic once asked if I was a gym teacher. Female strength is worth nurturing, and it just happens organically in an all-gal house.

Certainly, kids from two-parent families can cultivate these values from other contexts. But the real rough stuff is harder to duplicate. During a two-year period, process-servers pounded on our door during dinnertime. Once they pushed envelopes at us as we left ballet school on a day parents were invited to visit classes. Another time they ambushed us as we walked to the driveway to get into the car. The kids were young, so I made up stories: someone trying to sell us roofing services, someone mistaking me for someone else. When my daughters were in elementary school, I went to court for five different lawsuits, ultimately representing myself. When they were old enough, I told them the truth about where I had been. I told them about integrity, morality, and honesty and the difference between emotion and reason. I told them about the boyfriends they would one day have and the qualities that they should look for in a mate.

There is power in the negative example, and my kids have witnessed it first hand. They have felt the rancor, lived for a time in the forbidden middle. Yet they have learned and have emerged with the kind of human insight that will serve them well?the kind of insight I wish I had had before making a bad choice. Instead of hiding things, I started conversations about options, self-knowledge, trust. As a result, my daughters know how to make decisions for themselves and advocate for their needs.

Before the divorce, we lived just six blocks away in a large house, a fancy French-style manse that made me feel as if I were living in someone else?s house. After, to avoid a change in schools, we moved into one of the neighborhood?s original stone cottages, which is about one-fifth the size of our former home. It is charming and solid, though it needs a new roof and front path and bathroom vanity, testaments to the pressure of income, the continual weighing of worth. What?s a tight corner, anyway, when there is hardwood under the kitchen linoleum and college tuitions ahead. The girls would learn about value, and craft, and history, yes, they would. I, having already learned about value, and craft, and history, would find meaning in how the freezer door handle hit the wall.

We are surrounded by huge homes and the other accouterments of wealth. Kids here, and in similar bubbles of affluence, find gift-wrapped cars in the driveway when they turn 16, as well as one of the greatest predictors of success: support. In the recently published How Children Succeed, author Paul Tough argues that rich kids get the encouragement and poor ones get the grit, and he claims that one without the other gets no one very far. It is hard to spot the millionaire?s kid who mows the lawn or the middle-schooler on a free-lunch program who sees his parents before nine at night. I would maintain that children with a single parent get the winning combination.

A few summers ago, we held a tag sale on our front yard. I could have had the items picked up for donation, but the extra cash was helpful at the time. A little boy, about 5, made a beeline for my kids? old soccer jerseys and, in minutes, had collected matching shorts, shin guards, and a pair of cleats. When his dad took out his wallet, my daughters did not want to accept his money. They told him it was a gift. A few days later, they started a charity that collects and distributes athletic shoes to kids who need them. They?ve given away hundreds of pairs.

Source: http://feeds.slate.com/click.phdo?i=3593e6b315ee250badab05ded173f5a9

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