Archive for the 'Economy' Category
San Francisco: Pre-Fab 160 Square Foot Rooms Will Cost $1,595 Per Month to Lease
March 9th, 2012Ah, the essence of urban living, is it? How about boiling that essence down even further: Japan’s Capsule Hotels Now Coffin-Sized Homes: Most importantly, it’s cheap. The capsules cost about $30 a night. If he had to stay for a month, it would cost $700 to $1000, a housing bargain in Tokyo, ranked by Mercer […]
iPass Away – Do My Digital Downloads Die with Me?
March 8th, 2012Never mind the fact that there are no used e-book stores, check this out! Via: Which?: As it stands, the rights of iTunes and Amazon customers look pretty shaky when it comes to passing on downloads. If you buy a music track from a digital store, you’re essentially buying a licence to play that track […]
Justice Department May Sue Apple, Publishers for Colluding to Raise Prices of E-Books
March 8th, 2012Via: Reuters: The Justice Department has warned Apple (AAPL.O) and five major publishers that it plans to sue them, accusing them of colluding to raise the prices of electronic books, a person familiar with the probe said on Thursday. Several parties have held talks to settle the potential antitrust case, said the person, who was […]
UK ‘Must Plan for Euro Collapse’
March 8th, 2012Via: BBC: Ministers should draw up plans to deal with a break-up of the eurozone “as a matter of urgency”, a committee of MPs and peers has warned. The joint committee on the government’s National Security Strategy (NSS) said the full or partial collapse of the single currency was “plausible”. It said political unrest and […]
Indian Slums Provide Pharmaceutical Companies with Endless Supply of Human Guinea Pigs
March 7th, 2012Bargains. Via: MSNBC: Few people in the slums of Ahmedabad, India, know more about the supply of human guinea pigs for clinical drug trials than Rajesh Nadia. When Indian firms working for pharmaceutical companies need test subjects, they often turn to Nadia, who has carved a small niche for himself as a recruiter in the […]
Man Demonstrates Why TSA Body Scanners Are Worthless for Security Purposes
March 7th, 2012Update: TSA Threatens Mainstream Media Not To Cover Story Via: TSA Out of Our Pants: I’ve been on the phone all day for the last 2 days with reporters and journalists of all kinds, including the big bad MSM, and one South Florida reporter told me that he had been “strongly cautioned” by the TSA […]
The Museum of Government Waste
March 6th, 2012Maybe the filmmakers could get a B-2 bomber to park out front: At $2 billion each in 1997 dollars ($2.8 billion each in 2012 dollars), however, they would have to significantly increase their fundraising efforts. Via: Museum of Government Waste: Filmed over the last 5 years, MUSEUM OF GOVERNMENT WASTE follows regular citizens Jim and […]
Britain: Government Plans Radical Privatization for Police
March 5th, 2012I like this moment of clarity from the unnamed West Midlands police authority spokesman: “Combining with the business sector is aimed at totally transforming the way the force currently does business – improving the service provided to the public.” Law enforcement = business. If you start thinking about Mussolini and corporatism as you read the […]
Speculators Who Inflated Property Bubble to Get Bailout
March 5th, 2012Via: Bloomberg: The Obama administration will extend mortgage assistance for the first time to investors who bought multiple homes before the market imploded, helping some speculators who drove up prices and inflated the housing bubble. Landlords can qualify for up to four federally-subsidized loan workouts starting around May, as long as they rent out each […]
Banker Resignations
March 5th, 2012I have no idea what a normal rate of resignations is, but, for whatever it’s worth: American Kabuki: 116 RESIGNATIONS FROM WORLD BANKS 3/2/12. Research Credit: MoneyMustGo
