Archive for the 'Economy' Category

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The Lamb Chop Boom

January 3rd, 2011

Via: Foreign Policy: Forget gold and oil. Investors looking to beat the recession in the next decade might want to consider hitting the open range and starting a sheep farm. In 2010, Australian rams began selling for more than $100 a head for the first time in history as dwindling stocks sent mutton prices soaring. […]

Think the Employment Situation is Bad in the U.S.? Try Getting a Job in Southern Europe

January 3rd, 2011

Via: New York Times: Francesca Esposito, 29 and exquisitely educated, helped win millions of euros in false disability and other lawsuits for her employer, a major Italian state agency. But one day last fall she quit, fed up with how surreal and ultimately sad it is to be young in Italy today. It galled her […]

Spain and Italy Have to Refinance Over $530 Billion of Bonds in the Spring

January 1st, 2011

Via: Reuters: The euro currency area has only a one-in-five chance of surviving in its current form over the next 10 years because of competitive imbalances between its members, a leading British think tank said on Friday. The Center for Economics and Business Research said Spain and Italy would have to refinance over 400 billion […]

‘Crash Taxes’ Are Growing in Popularity Among Cash-Strapped California Cities

January 1st, 2011

Let me understand this: There’s no discount on all the other taxes people pay to the state, and then they get charged by the state when there’s an emergency? Maniac fascists have no concept of enough. There’s one voice of sanity in this article: “To me, it’s an outrage. We’re already paying these people — […]

Ivory Coast on the ‘Brink of Genocide’

January 1st, 2011

A few terms that don’t appear in the story below: Oil, diamonds, cobalt, gold, iron, manganese and nickel. Cocoa, however, is mentioned. Via: Guardian: Ivory Coast is on the “brink of genocide” and the world must take urgent action, the country’s new ambassador to the UN has warned. Youssoufou Bamba also claimed that some houses […]

Letter from Poland

December 30th, 2010

Via: Letter from Poland / YouTube:

Dawn of the Age of the Robot

December 30th, 2010

This article reminded me of reading OMNI magazine in the 1980s, when I should have been doing my homework. Hopefully, much of this stuff will remain as science fiction / grant swindles for another 20 years… but I doubt it. Via: Guardian: The robots are coming. The second decade of the 21st century will see […]

California Woman Charged with Insider Trading; Selling Secret Information for Over $200,000

December 30th, 2010

International Criminals Launder Billions of Dollars Through U.S. Financial Institutions, and Invest Profits in Publicly Traded Companies Insider Crimes, Funny Money and Options Rackets They Made a Killing: The Use of Knowledge of Covert Operations in the Stock Market Rest assured: This is the chicken feed. Via: AFP: US prosecutors have charged a California woman […]

Europe to Ban Hundreds of Herbal Remedies

December 30th, 2010

Via: Independent: Hundreds of herbal medicinal products will be banned from sale in Britain next year under what campaigners say is a “discriminatory and disproportionate” European law. With four months to go before the EU-wide ban is implemented, thousands of patients face the loss of herbal remedies that have been used in the UK for […]

U.S. Government Wants to Archive Information on All Bank to Bank Overseas Money Transfers for Ten Years

December 30th, 2010

Via: EFF: What do an online donation to the International Red Cross, a bank transfer to family members living in Vietnam, and a payment sent through PayPal for an expensive rug in Turkey have in common? The government wants to know about them. And, if new rules proposed by the Financial Crimes Enforcement Network, or […]

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