Archive for the 'Collapse' Category
Argentina: Capital Controls
June 9th, 2012Via: Reuters: Argentine banks have seen a third of their U.S. dollar deposits withdrawn since November as savers chase greenbacks in response to stiffening foreign exchange restrictions, local banking sources said on Friday. Depositors withdrew a total of about $100 million per day over the last month in a safe-haven bid fueled by uncertainty over […]
Detroit Could Be Broke Within a Week
June 8th, 2012Via: Detroit Free Press: The city of Detroit will run out of cash a week from today if a lawsuit challenging the validity of a consent agreement is not withdrawn, city officials said this morning. Jack Martin, the city’s new chief financial officer, said the city will be broke by June 15, but it should […]
Open Job At Boston Law Firm Pays Just $10,000 Per Year (Less Than Minimum Wage on Per Hour Basis), Gets 32 Applicants
June 6th, 2012Via: CBS News: The BBJ received an emailed tip this week from someone who says they’re an employed, Boston College Law School (BC Law) graduate. The tipster sent screen grabs of a job listing on BC Law’s career site. The post advertises a full-time associate position at a small Boston law firm, Gilbert & O’Bryan […]
Japan: Millions of Tons of Radioactive Rubble
June 5th, 2012Via: The Atlantic: Disposing the more than 20 million tons of rubble caused by the March 11 earthquake and tsunami is proving to be a difficult problem for Japan, not least because much of the rubble has been irradiated by the Fukushima nuclear disaster. The government’s plan — to destroy 4 million tons of potentially […]
AIG Chief Sees Retirement Age as High as 80 After Crisis
June 4th, 2012You keep working, and we’ll keep getting bailouts and bonuses. Mmmkay? Via: Bloomberg: American International Group Inc. (AIG) Chief Executive Officer Robert Benmosche said Europe’s debt crisis shows governments worldwide must accept that people will have to work more years as life expectancies increase. “Retirement ages will have to move to 70, 80 years old,” […]
School Districts Taking More Corporate Advertising
June 4th, 2012This USA Today piece contains easily the most ridiculous lie I’ve read in a long time. “The public isn’t paying for public education anymore.” Oh really? This infographic is from USC: U.S. Education Spending and Performance vs. The World: Via: MAT@USC | Master’s of Arts in Teaching Americans are paying more money for public education […]
Maryland: Accused Murderer Ate Portions of Victim’s Heart and Brain
May 31st, 2012[???] Via: CBS News: A Morgan State University student who lived in the same home as a missing Joppatowne man now feared dead was charged with first-degree murder after parts of a human body were found inside the house and in a nearby dumpster. Now the suspect has admitted to eating portions of the man’s […]
Japan: Mobile Phone with Geiger Counter
May 30th, 2012I’m surprised that it took so long to appear. Via: Wired: Following Fukushima’s nuclear disaster, Japanese citizens have been especially wary of radiation exposure. SoftBank on Tuesday revealed a new smartphone to answer such concerns. The company’s Pantone 5 107SH is the world’s first phone with a built-in geiger counter, capable of measuring radiation levels […]
Tepco Admits Fukushima Disaster Released 2.5 Times More Radiation Than Indicated by Initial Government Lies
May 29th, 2012Imagine my shock. But if they’re admitting this, what is the real number? Via: Reuters: The radiation released in the first days of the Fukushima nuclear disaster was almost 2-1/2 times the amount first estimated by Japanese safety regulators, the operator of the crippled plant said in a report released on Thursday. Tokyo Electric Power […]
Fukushima: Wall of Building Holding Spent Fuel Shows ‘Slight Bulge’
May 27th, 2012Via: New York Times: What passes for normal at the Fukushima Daiichi plant today would have caused shudders among even the most sanguine of experts before an earthquake and tsunami set off the world’s second most serious nuclear crisis after Chernobyl. Fourteen months after the accident, a pool brimming with used fuel rods and filled […]
