Archive for the 'Economy' Category
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 […]
Philadelphia Closes 23 Schools, New $400 Million Prison Being Built
June 15th, 2013Via: Opposing Views: Philadelphia officials are closing almost two dozen schools and decimating the budgets of the remaining schools under a so-called “doomsday” education plan. However, amid all these cuts for education, the state of Pennsylvania is building a new $400 million prison for Philadelphia.
IRS’s Big Data Tracking
June 15th, 2013Via: MSN: The Internal Revenue Service is collecting a lot more than taxes this year — it’s also acquiring a huge volume of personal information on taxpayers’ digital activities, from eBay auctions to Facebook posts and, for the first time ever, credit card and e-payment transaction records, as it expands its search for tax cheats […]
Google’s Project Loon
June 15th, 2013As I was reading about this, I was expecting to see that they would trial it somewhere… Far far away from me. I almost fell out of my chair when I read that it’s happening in New Zealand. Ok, now let the SkyNet jokes begin. Via: Google: The Internet is one of the most transformative […]
