Archive for the 'Economy' Category
Recovery: 76% of Americans Are Living Paycheck-to-Paycheck
June 24th, 2013Via: CNN: Roughly three-quarters of Americans are living paycheck-to-paycheck, with little to no emergency savings, according to a survey released by Bankrate.com Monday. Fewer than one in four Americans have enough money in their savings account to cover at least six months of expenses, enough to help cushion the blow of a job loss, medical […]
Beijing Pollution So Bad That International Schools Build Filtered Air Domes for Children
June 22nd, 2013How about if all the shit-for-brains politicians in New Zealand, who gladly bend over for China, send their kids over there to play in the domes? Hmm? John Key? How does that grab ya? Via: Los Angeles Times: After nearly two decades in Beijing, David Wolf knew it was time for a change when his […]
Brazil: Biggest Protests in Two Decades
June 22nd, 2013I read something back in the 1990s in one of the International Relations journals (apologies for not being able to recall the source) that put forth the theory that most people in the world would be living in situations resembling a Brazilian favela in the century ahead, and states needed to figure out how to […]
Singapore Smog Disaster
June 21st, 2013Via: Independent: Singapore has been hit by the worst air pollution crisis in its history, while government agencies try to induce rain in an attempt to stop forest fires spreading a smoky haze across three south-east Asian countries. The average Pollution Standard Index (PSI) – the measurement for air pollution – hit 401 at midday […]
Gold, Silver Hammered to 2.5-Year Lows
June 20th, 2013Right now: Gold: -$90.40 -6.58% Silver: -$1.85 -8.57% [!!!] Via: Forbes: Gold and silver futures prices are sharply lower and have careened to better-than-2.5-year lows in early U.S. trading Thursday. The market place sees traders and investors in a keen “risk-off” mentality following Wednesday’s U.S. Federal Reserve events. Fresh, serious technical damage has been inflicted […]
Never Give Stores Your Zip Code
June 20th, 2013Via: Forbes: Why make such a big deal over five digits that only records that someone lives in the same area as many thousands of others? Because along with other information, the ZIP code may provide the final clue to figuring out your address, phone number and past purchasing details, if a sales clerk sees […]
U.S. Scrapping Billions of Dollars Worth of Military Equipment in Afghanistan
June 20th, 2013The U.S. Government borrowed money of China and did what with it? Via: Washington Post: Facing a tight withdrawal deadline and tough terrain, the U.S. military has destroyed more than 170 million pounds worth of vehicles and other military equipment as it rushes to wind down its role in the Afghanistan war by the end […]
70 Percent Of Americans On Prescription Drugs
June 20th, 2013Via: CBS: Researchers find that nearly 70 percent of Americans are on at least one prescription drug, and more than half receive at least two prescriptions. Mayo Clinic researchers report that antibiotics, antidepressants and painkiller opioids are the most common prescriptions given to Americans. Twenty percent of U.S. patients were also found to be on […]
Bank of America Mortgage Swindling, Employees Told to Lie to Customers
June 19th, 2013Via: Salon: Bank of America’s mortgage servicing unit systematically lied to homeowners, fraudulently denied loan modifications, and paid their staff bonuses for deliberately pushing people into foreclosure: Yes, these allegations were suspected by any homeowner who ever had to deal with the bank to try to get a loan modification – but now they come […]
China’s Great Uprooting: Moving 250 Million Into Cities
June 18th, 2013Via: New York Times: China is pushing ahead with a sweeping plan to move 250 million rural residents into newly constructed towns and cities over the next dozen years — a transformative event that could set off a new wave of growth or saddle the country with problems for generations to come. The government, often […]
