Archive for January, 2010
The Recession Generation
January 12th, 2010From the article below: The situation could get even uglier if, as many predict, a depressed post-crisis landscape forces Americans to let go of the mythology of upward mobility. Oh the horror. Things will get worse if people live within their means and refuse to buy crap that they don’t actually want or need? This […]
Bomb Kills Professor of Nuclear Physics in Tehran
January 12th, 2010Via: New York Times: A bomb attached to a motorcycle killed an Iranian professor of nuclear physics outside his home in northern Tehran on Tuesday, the state-run Press TV broadcaster reported on its Web site. State-run media blamed Iran’s western adversaries for the killing, but there was no immediate claim of responsibility for the blast. […]
Arizona Treasurer Says Checks Will Bounce Amid Budget Crisis
January 12th, 2010Via: ABC15: Arizona state legislators go back to work Monday in an attempt to battle a nearly $1.5 billion dollar deficit. “The February school payment we can’t make, February payroll there’s no money there,” said State Treasurer, Dean Martin. Martin said unless the capitol buildings are sold before the end of the month, there will […]
Religious Exemptions from InsuranceCare
January 11th, 2010Via: Watertown Daily Times: Federal health care reform will require most Northern New Yorkers — but not all, it turns out — to carry health insurance or risk a fine. Hundreds of Amish families in the region are likely to be free from that requirement. The Amish, as well as some other religious sects, are […]
Wealthy Clients Flee UBS
January 11th, 2010Via: Bloomberg: UBS AG Chief Executive Officer Oswald Gruebel said it’s “imperative” the largest Swiss bank halt withdrawals by wealthy clients after six quarters of net outflows. “In wealth management it is imperative that we stop the outflow of assets and increase the inflow,” Gruebel said today in a memo to staff obtained by Bloomberg […]
Taser Now Peddling Mobile Phone Surveillance System
January 11th, 2010Via: AFP: Stun gun maker Taser wants to help parents, not with jolts of electricity but with a tool which allows parents to effectively take over a child’s mobile phone and manage its use. “Basically we’re taking old fashioned parenting and bringing it into the mobile world,” Taser chairman and co-founder Tom Smith said at […]
Geithner Has Support of Obama, Democratic Lawmakers, Aides Say
January 11th, 2010Via: Bloomberg: Treasury Secretary Timothy Geithner retains the confidence of President Barack Obama as he faces questions about why the Federal Reserve Bank of New York tried to withhold details of the government’s financial-industry rescue, administration officials said. Aides to top congressional Democrats also said that Geithner has support on Capitol Hill as lawmakers prepare […]
China Now Largest Auto Market
January 11th, 2010Caution: Chinese government statistics ahead. Via: Bloomberg: China supplanted the U.S. as the world’s largest auto market after its 2009 vehicle sales jumped 46 percent, ending more than a century of American dominance that started with the Model T Ford. The nation’s sales of passenger cars, buses and trucks rose to 13.6 million, the fastest […]
Did the CIA Deploy a Blackwater Hit Team in Germany?
January 11th, 2010Via: The Nation: German prosecutors have launched a preliminary investigation into allegations that the CIA deployed a team of Blackwater operatives on a clandestine operation in Hamburg, Germany, after 9/11 ultimately aimed at assassinating a German citizen with suspected ties to Al Qaeda. The alleged assassination operation was revealed last month in a Vanity Fair […]
