Archive for the 'Economy' Category

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Scariest Jobs Chart Ever

July 9th, 2011

Via: Business Insider: Even though we’re “creating jobs” each month, this would seem to point to a large, brewing, structural unemployment problem, with a significant chunk of the population permanently out of the workforce. Historically, we’ve never seen anything like this, and the fact that we only had one down-blip during the recovery is stunning. […]

U.S. Official Says Pre-Infected Computer Hardware and Software Entering Country

July 9th, 2011

Yeah, but that shit from China is cheap, CHEAP! Bargains! Via: MSNBC: Confirming years of warnings from government and private security experts, a top Homeland Security official has acknowledged that computer hardware and software is already being imported to the United States preloaded with spyware and security-sabotaging components. Research Credit: m

New Legislation: Voluntary Automatic Wage Deductions to Pay Down National Debt

July 9th, 2011

Oh sure. Via: Business Insider: HR 2411 states that every worker in America should be able to voluntarily have a portion of his/her wages automatically withheld and sent directly to the Treasury Department for the purposes of paying down the federal debt. “Every employer making payment of wages shall deduct and withhold upon such wages […]

Nuclear Ginza (1995)

July 8th, 2011

Part 1 Part 2 Research Credit: Eileen

Treasury Secretly Weighs Options to Avert Default [???]

July 8th, 2011

You may have noticed that I haven’t been paying much attention to the possibility of default via the legislative vector. The reason is because every time a situation like this comes up, the machine always somehow manages to lurch on to dig the hole deeper. I’m assuming that the same thing will happen this time. […]

Nuclear Industry Views Prevail on Radiation Risks

July 7th, 2011

Via: FAIR: U.S. media coverage of the nuclear disaster in Japan contains vanishingly little serious discussion of the human health risks posed by the radiation escaping from the Fukushima nuclear facility. In place of a discussion informed by experts on these risks, journalism largely conveys vague, industry-friendly reassurances, frequently including no sources with expertise on […]

As Commodity Prices Soar, So Does Demand for Wood Pulp—As a “Food Extender”

July 7th, 2011

Just the other day, I was joking with my wife about how eating those cheap tacos is like eating meat flavored sawdust. Well… Via: The Street: Are you getting what you pay for on your plate? The recent class-action lawsuit brought against Taco Bell raised questions about the quality of food many Americans eat each […]

America for Sale: Is Goldman Sachs Buying Your City?

July 7th, 2011

In general, big is bad. Centralized is bad. Whether it’s public or private doesn’t matter. Now, when it comes to something like a municipal sewer system, or other infrastructure assets where competition isn’t possible, handing those assets over to private corporations should be considered treason, and the politicians responsible should be arrested. (Don’t hold your […]

Usual Suspects Now Heavily Involved with Commodity Warehousing

July 6th, 2011

This is beyond ridiculous. It gives a whole new meaning to front running. “There is no evidence to suggest they share information…” Oh sure. My guess is that this is the primary reason that these firms have gotten involved with commodity warehousing. If the left hand isn’t sharing information with the right hand, with hundreds […]

Two-Thirds of Britons Think Economy Is Getting Worse

July 6th, 2011

Via: Reuters: Two-thirds of Britons think the economy is getting worse and most are cutting back drastically on their spending to make ends meet in the face of rising food, fuel and energy prices, according to a poll on Sunday. The findings follow a string of retail failures in recent months as shoppers cut back […]

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