Archive for the 'Economy' Category
USC Helps Hollywood Concoct Obamacare PSYOP: “People Learn from TV”
October 11th, 2013Here are some excerpts from related posts: ‘Clearly a Smash Hit’: Population Reduction Through ‘Long-Running Serialized Dramas’: And if the story is right, if the narrative is correct, people will live into that narrative. And in the absence of a good narrative will default into – maybe I will call them more “primal” sort of […]
“A Corporate Trojan Horse”: Obama Pushes Secretive TPP Trade Pact, Would Rewrite Swath of U.S. Laws
October 11th, 2013Via: Democracy Now: As the federal government shutdown continues, Secretary of State John Kerry heads to Asia for secret talks on a sweeping new trade deal, the Trans-Pacific Partnership. The TPP is often referred to by critics as “NAFTA on steroids,” and would establish a free trade zone that would stretch from Vietnam to Chile, […]
In Russia, 110 people Own 35% of Wealth
October 10th, 2013Via: Los Angeles Times: Global wealth levels have set records, but in Russia, the explosion in wealth has given way to the highest income inequality level, a new report showed. In Russia, just 110 people own 35% of the country’s wealth, according to a report released Wednesday by Credit Suisse. The country (population 139 million) […]
Report: Foxconn Using Forced Student Labor to Build Sony’s PS4
October 9th, 2013Via: Games in Asia: If reports in the Chinese press are to be believed, Sony’s next-gen games console may be being assembled using some very outdated labor practices. According to Hong Kong’s Oriental Daily, thousands of students from an IT engineering program at the Xi’an Institute of Technology are being forced to work at Foxconn’s […]
U.S. Treasury Bill Interest Rates Skyrocketing
October 9th, 2013Via: Washington Post: Normally, the interest rate the government pays on bills is around the same as the short-term interest rates in other money markets (for example, the interest rates banks charge each other for overnight cash, or the interest rate that the Federal Reserve targets). Both of those are near zero right now, which […]
Microsoft and Lockheed Martin Team Up for Government Cloud Platform
October 8th, 2013Via: Information Week: Microsoft will soon launch a dedicated multi-tenant cloud environment that meets the distinct requirements of U.S. government agencies. The Windows Azure U.S. Government Cloud will be an exclusive community cloud available for U.S. state, local and federal government agencies. It will be hosted in Microsoft data centers located in the U.S. and […]
And The Winner Of The World Food Prize Is… The Man From Monsanto
October 8th, 2013Via: NPR: Ever heard of the World Food Prize? It’s sometimes called the “Nobel Prize for food and agriculture,” but it has struggled to get people’s attention. Prize winners tend to be agricultural insiders, and many are scientists. Last year’s laureate, for instance, was , a pioneer of water-saving “micro-irrigation.” This year, though, the World […]
Carter: Middle Class Today Resembles Poor of 1970s
October 8th, 2013Via: AP: Former President Jimmy Carter said Monday that the income gap in the United States has increased to the point where members of the middle class resemble the Americans who lived in poverty when he occupied the White House. Carter offered his assessment of the nation’s economic challenges Monday at a Habitat for Humanity […]
Recovery: Alcatel-Lucent to Cut 10,000 Jobs
October 8th, 2013Via: Dice: Alcatel-Lucent is planning to cut 10,000 workers by 2015 as the telecom equipment maker continues to restructure. Alcatel-Lucent logoBack in June, Alcatel-Lucent announced its Shift Plan, which aims to save 1 billion Euros in fixed costs as it retools its operations. However, at the time, it didn’t give an estimate of how many […]
Social Security Warns Benefits Could Get Cut
October 8th, 2013Via: Wall Street Journal: The Social Security Administration has begun warning the public it cannot guarantee full benefit payments if the debt ceiling isn’t increased. When asked by the public, the agency is notifying beneficiaries that “Unlike a federal shutdown which has no impact on the payment of Social Security benefits, failure to raise the […]
