Archive for January, 2010
S&P Issues a Warning on Japan’s Credit Rating
January 27th, 2010Via: Daily Finance: Credit rating agency Standard & Poor’s says it may downgrade Japan’s current AA sovereign debt rating by one “notch,” which would bring it to AA-. That’s particularly noteworthy because Japan is either the world’s No. 2 or No. 3 economy by GDP, virtually tied with China. S&P has officially changed its outlook […]
Toyota Halts U.S. Sales in Massive Recall of Eight Models with Sticking Accelerator Pedals
January 27th, 2010Via: New York Daily News: In a massive and unprecedented move, Toyota halted U.S. sales of eight models, including the best-selling Camry, with potentially faulty gas pedals. “This action is necessary until a remedy is finalized,” Bob Carter, Toyota’s group vice president and general manager, told the Associated Press. The models affected by the “stop […]
Verizon to Cut 13,000 Jobs
January 27th, 2010Via: Bloomberg: Verizon Communications Inc., coping with subscriber losses at its fixed-line phone business, plans to cut about 13,000 jobs at the division this year after posting fourth-quarter revenue that missed analysts’ estimates. The cuts will follow reductions of a similar size last year, Chief Financial Officer John Killian said on a conference call today. […]
28% of Orlando-Area Housing Units Vacant
January 27th, 2010Via: Orlando Sentinel: Orlando had more vacant houses, condos and apartments than any other major U.S. city during the third quarter, driving down rents and sparking landlord concessions just five years after finding an apartment was virtually impossible. The four-county metro area had a vacancy rate of 28 percent for all housing in the late […]
Mind Control Cults
January 27th, 2010Research Credit: LP
Better Off Deadbeat: People Get Into Debt, Learn the Law, Become “Credit Terrorists”
January 27th, 2010Via: Dallas Observer: While most Americans with unpaid bills dread the collector’s call, Cunningham sees them as lucrative opportunities. Many collection and credit card companies, intentionally or not, violate little-known consumer rights laws, and Cunningham’s favorite pastime is catching them doing so and then suing them. In fact, it’s a profitable side job. Call it […]
Four Charged in Phone Scheme at Senator Landrieu’s Office
January 27th, 2010Via: USA Today: The four men accused of trying to tamper with Democratic Sen. Mary Landrieu’s office phones share a common experience as young ideologues writing for conservative publications. Federal authorities said two of the men posed as telephone workers wearing hard hats, tool belts and flourescent vests when they walked into the senator’s office […]
Head of Davos Security Dead, Just Before Start of Meeting, Police Suspect Suicide
January 27th, 2010Via: BBC: The police commander in charge of security at the World Economic Forum in Davos has been found dead in his hotel room, local authorities have said. Markus Reinhardt, 61, had been head of police in the Swiss canton of Graubunden since 1984. “All indications point to a suicide,” local police said in a […]
Cryptogon Reader Sends Contribution
January 27th, 2010Thanks to TruthIsTreason for sending $15.
Americans Sign Petition to Repeal the First Amendment
January 26th, 2010I need a Zombies category.