Archive for the 'Economy' Category
Bloomberg: Electric Vehicles Cheaper than Gas Vehicles by 2025
May 31st, 2017I agree with this assessment much more than the one that said no gas cars by 2025. Via: Bloomberg: Now research from Bloomberg New Energy Finance indicates that falling battery costs will mean electric vehicles will also be cheaper to buy in the U.S. and Europe as soon as 2025. Batteries currently account for about […]
Biggest Threat to Utilities Is Not Solar + Storage, It’s Their Own Greed
May 31st, 2017Disclosure: I sell solar power systems in New Zealand. — I had written a long, obscenity laden rant about the retail energy cartel in New Zealand as the commentary on this story. Upon reading over what I’d written, and cleaning the spit off my screen, I realized that A) I’d written it all before and […]
Russian Explorers Find ‘Swamp’ of Soviet Money
May 29th, 2017I’m not sure at what age I’ll begin formal Homeschooling – Cryptogon Edition with my children, but this will be a great one for when I teach them about the fiat currency scam. Via: BBC: A group of explorers in Russia have found around a billion roubles in old Soviet money at an abandoned mine, […]
80% of Millennials Say They Want to Buy a Home—But Most Have Less Than $1,000 Saved
May 29th, 2017Via: CNBC: Millennials aren’t buying homes in the same numbers as previous and older generations, but it’s not because they don’t want to. The vast majority of millennials do indeed aim to buy someday, or would even like to now if they could. Unfortunately, the numbers don’t look good. New data from Apartment List shows […]
Google Now Tracks Your Credit Card Purchases and Connects Them to Its Online Profile of You
May 29th, 2017Via: MIT Technology Review: Google’s new ability to match people’s offline credit card purchases to their online lives is a stunning display of surveillance capitalism in action. The capability, which Google unveiled this week, allows the company to connect the dots between the ads that it shows its users and what they end up actually […]
Zbigniew Brzezinski Dies at 89
May 26th, 2017Via: Bloomberg: Zbigniew Brzezinski, who as national security adviser to President Jimmy Carter advocated a hard line toward the Soviet Union and helped develop the unsuccessful military mission to rescue American hostages in Iran, has died. He was 89.
How Facebook’s Tentacles Reach Further Than You Think
May 26th, 2017Via: BBC: Facebook’s collection of data makes it one of the most influential organisations in the world. Share Lab wanted to look “under the bonnet” at the tech giant’s algorithms and connections to better understand the social structure and power relations within the company. … “If Facebook were a country, it would be bigger than […]
The Trump Organization Says It’s ‘Not Practical’ to Comply With the Emoluments Clause
May 25th, 2017Via: The Atlantic: Days before taking office, Donald Trump said his company would donate all profits from foreign governments to the U.S. Treasury, part of an effort to avoid even the appearance of a conflict with the Constitution’s emoluments clause. Now, however, the Trump Organization is telling Congress that determining exactly how much of its […]
President Trump’s Budget Includes a $2 Trillion Math Mistake
May 25th, 2017It wouldn’t be the first time. Here’s another $2.3 trillion dollar mistake that’s long forgotten: On Sept. 10, Secretary of Defense Donald Rumsfeld declared war. Not on foreign terrorists, “the adversary’s closer to home. It’s the Pentagon bureaucracy,” he said. He said money wasted by the military poses a serious threat. “In fact, it could […]
Switzerland Votes to Phase Out Nuclear Power
May 25th, 2017Via: MIT Technology Review: It’s a tough time to be in the nuclear business. In Europe, Germany banned construction of new plants following the Fukushima disaster in 2011, and Austria stopped the practice long ago. The U.S., meanwhile, has a fleet of aging and costly reactors, and recent attempts to build new ones have been […]
