Archive for the 'Economy' Category
GreenWave Ocean Farming Model
November 14th, 2015Via: Guardian: A commercial fisherman who admitted to once pillaging the oceans has won the 2015 Fuller Challenge, one of the most important prizes in sustainability. Bren Smith, executive director of nonprofit GreenWave, took home $100,000 for his 3D ocean farming model, designed to address overfishing, mitigate climate change, restore marine ecosystems and provide jobs […]
Americans Are Buying Tons of Gold
November 13th, 2015Via: CNN: This summer’s market mayhem caused Americans to buy gold bars and coins at levels unseen since the financial crisis. When people are scared about the economy and financial markets, they rush to gold. Boy, were they worried in recent months. U.S. demand for gold bars and coins surged 207% during the third quarter, […]
Bank of England: Automation to Eliminate Roughly Half of U.S. and British Jobs
November 13th, 2015Via: CNBC: One central bank has some frightening predictions when it comes to job stability in the future. 80 million jobs in the United States are at risk of being taken over by robots in the next few decades, a Bank of England (BoE) official warned on Thursday. With U.S. data showing that total nonfarm […]
America’s Poorest White Town: Abandoned by Coal, Swallowed by Drugs
November 13th, 2015What you have here mass unemployment, intergenerational poverty and welfare money flowing into the prescription drug industry. It’s like the place has been hit with some sort of zombie neutron bomb. Via: The Guardian: Leading the blight is a powerful and highly addictive opioid painkiller, OxyContin, known locally as “hillbilly heroin”. Typically it is ground […]
Own a Vizio Smart TV? It’s Watching You
November 12th, 2015Via: ProPublica: TV makers are constantly crowing about the tricks their smart TVs can do. But one of the most popular brands has a feature that it’s not advertising: Vizio’s Smart TVs track your viewing habits and share it with advertisers, who can then find you on your phone and other devices. The tracking — […]
Apple Boss: Next Generation of Children ‘Will Not Know What Money Is’
November 11th, 2015Well, most adults don’t know what money is, so… I’ve maintained for years that the whole thing isn’t cashless already because of the drug trade being run by intelligence agencies. I don’t know how officially sanctioned “illegal” drug trafficking will work in a cashless system. Maybe they will implement some sort of blockchain thing that […]
TV Audiences “Numb” from Ads
November 11th, 2015Via: Bloomberg: Media companies, including Time Warner Inc., 21st Century Fox Inc. and Viacom Inc., have started cutting back on commercials after years of squeezing in as many ads as possible. The new strategy is an attempt to appeal to younger viewers, who are more accustomed to watching shows ad-free on online streaming services like […]
Former U.S. Comptroller General: Real U.S. Debt Is About $65 Trillion
November 9th, 2015Via: The Hill: The former U.S. comptroller general says the real U.S. debt is closer to about $65 trillion than the oft-cited figure of $18 trillion. Dave Walker, who headed the Government Accountability Office (GAO) under Presidents Bill Clinton and George W. Bush, said when you add up all of the nation’s unfunded liabilities, the […]
The Cyberthreat Under the Street
November 8th, 2015It’s a bit of a worry that a nearly point-by-point facsimile of my 2002 warning about this has just appeared in the New York Times… God damn conspiracy theorists! If the whole thing suddenly goes pop, just know that the feds knew about this at least as far back as the mid-1990s, when I was […]
When a 127-Year-Old U.S. Industry Collapses Under China’s Weight
November 8th, 2015Via: Bloomberg: Alcoa Inc.’s latest aluminum-making cutback is signaling the end of the iconic American industry. For 127 years, the New York-based company has been churning out the lightweight metal used in everything from beverage cans to airplanes, once making it a symbol of U.S. industrial might. Now, with prices languishing near six-year lows, it’s […]
