Archive for the 'Economy' Category
Lack of Experienced Pilots, Boneheaded FAA Policies and Over Reliance on Flight Automation Systems Will Cause More Plane Crashes
July 11th, 2013Via: Natural News: When flight 214 crashed last week at the San Francisco airport, killing two people and injuring dozens, many people were in a state of disbelief. How could a Boeing 777 — the “Titanic” of commercial airliners — be piloted so carelessly that the pilot seemingly flew it into the seawall and caused […]
Jon Corzine Will Not Face Criminal Charges Over MF Global
July 9th, 2013Shocker. Via: Marketwatch: There will be no criminal charges for former New Jersey Governor Jon Corzine over the use of customer funds leading up to collapse of MF Global. The criminal probe into whether there was wrongdoing on the part of Corzine by the Department of Justice will now be dropped due to lack of […]
The New Warrior Cop Is Out of Control
July 8th, 2013Via: Salon: SWAT teams raiding poker games and trying to stop underage drinking? Overwhelming paramilitary force is on the rise. Book: Rise of the Warrior Cop: The Militarization of America’s Police Forces by Radley Balko
Mexican Police Chief Killed with Rifle from Fast and Furious Program
July 8th, 2013Via: Los Angeles Times: A high-powered rifle lost in the ATF’s Fast and Furious controversy was used to kill a Mexican police chief in the state of Jalisco earlier this year, according to internal Department of Justice records, suggesting that weapons from the failed gun-tracking operation have now made it into the hands of violent […]
Deutsche Boerse to Launch Cloud Exchange to Trade Computing Power
July 6th, 2013Via: Reuters: German financial markets operator Deutsche Boerse is planning to commoditize computing power with the launch early next year of the world’s first independent exchange for trading cloud computing capacity. The advent of cloud computing, whereby a remote network of computers is made available online, has not only enabled users to ditch much of […]
And Now… Talking Train Window Advertisements
July 6th, 2013When I saw this yesterday, I was sure that it was a hoax. I guess it’s real. Via: BBC: A German firm is proposing to transmit adverts via train windows so that the sound appears to “come from inside the user’s head” when passengers lean against them. The idea would use bone conduction technology, a […]
Approved: HSBC Setttlement for Drug Money Laundering
July 3rd, 2013Via: Reuters: A federal judge has approved HSBC Holdings Plc’s (HSBA.L)(HBC) record $1.92 billion settlement with federal and state investigators of charges that it flouted rules designed to stop money laundering and thwart transactions with countries under U.S. sanctions. While noting “heavy public criticism” of the settlement, which enabled HSBC to escape criminal prosecution, U.S. […]
Absurd Giveaway to Corporate Fascists Delayed Until 2015
July 3rd, 2013Via: New York Times: In a significant setback for President Obama’s signature domestic initiative, the administration on Tuesday abruptly announced a one-year delay, until 2015, in his health care law’s mandate that larger employers provide coverage for their workers or pay penalties. The decision postpones the effective date beyond next year’s midterm elections.
More Temp Workers Than Ever Before
July 2nd, 2013Via: Time: On June 7, the Labor Department reported that the nation had more temp workers than ever before: 2.7 million. Almost one-fifth of the total job growth since the recession has been in the temp sector. One list of the biggest U.S. employers placed Kelly Services second only to Walmart. Outsourcing to temp agencies […]
Companies Switch to Prepaid Cards for Payroll, Employees Pay Ridiculous Fees
July 1st, 2013Via: New York Times: A growing number of American workers are confronting a frustrating predicament on payday: to get their wages, they must first pay a fee. For these largely hourly workers, paper paychecks and even direct deposit have been replaced by prepaid cards issued by their employers. Employees can use these cards, which work […]
