Archive for November, 2010
World’s Largest Pilot Union Shuns Full-Body Scanners; Radiation Risks
November 10th, 2010Via: Register: The world’s largest independent airline pilot association is warning its members to avoid security screening by full-body scanners out of concern the machines emit dangerous levels of radiation. The American Pilots Association, which represents about 12,000 pilots, is recommending members instead submit to new pat-down searches, even though critics have described them as […]
Multiple Independent Lab Tests Confirm Oil in Gulf Shrimp
November 10th, 2010Via: Raw Story: The federal government is going out of its way to assure the public that seafood pulled from recently reopened Gulf of Mexico waters is safe to consume, in spite of the largest accidental release of crude oil in America’s history. However, testing methodologies used by the government to deem areas of water […]
Judges Dismissing Foreclosure Cases Due to Banks’ Fraudulent or Sloppy Paperwork
November 10th, 2010Via: Washington Post: A year ago, Long Island Judge Jeffrey Spinner concluded that a mortgage company’s paperwork in a foreclosure case was so flawed and its behavior in negotiations with the borrower so “repugnant” that he erased the family’s $292,500 debt and gave the house back for free. The judgment in favor of the homeowner, […]
Barack Obama: We Must Embrace Globalism And The Emerging One World Economy
November 10th, 2010Via: Economic Collapse Blog: Although it received very little coverage in the mainstream media, Barack Obama made some comments about globalism during his speech in Mumbai, India that were very eye-opening. As he was discussing the new realities of world trade in 2010, Obama warned against “those who see globalization as a threat” and he […]
A Survey of Unlikely Voters
November 10th, 2010Via: Club Orlov: It seems that many of those who are clever enough to realize that voting here is a fool’s errand also want to leave this country. But how many of them are actually successfully leaving? The answer (again, based on my decidedly informal and limited survey of unlikely voters) is that the vast […]
No Charges for CIA Tape Destruction
November 10th, 2010Via: Reuters: No CIA personnel will face criminal charges for destroying videotapes of harsh interrogations of terrorism suspects, the U.S. Justice Department said on Tuesday. While the decision will spare the CIA and the Obama administration the potential backlash and embarrassment that a trial could have generated, another federal probe continues into possible abuse of […]
American Women Without Kids Up 80 Percent From 30 Years Ago
November 9th, 2010Via: AOL Health: The number of American women without children has risen to an all-time high of 1 in 5, a jump since the 1970s when 1 in 10 women ended their childbearing years without having a baby, according to the Pew Research Center. About 1.9 million women aged 40-44—or 18 percent—were childless in 2008, […]
Goldman Fined $650,000 for Fraud Disclosure Lapse
November 9th, 2010$650,000. Is that more or less than Blankfein’s annual cufflink budget? Via: AP: Industry regulators have fined Goldman Sachs $650,000 for failing to disclose that two of its brokers, including the executive accused of leading the mortgage securities deal that brought civil fraud charges against the firm, were under investigation by the government.
German Finance Minister: ‘The U.S. Lived on Borrowed Money for Too Long’
November 9th, 2010Demand payment for BMWs in gold. *chortle* Via: Spiegel: Schäuble: The German export successes are not the result of some sort of currency manipulation, but of the increased competitiveness of companies. The American growth model, on the other hand, is in a deep crisis. The United States lived on borrowed money for too long, inflating […]
Chinese Credit Rating Company Downgrades U.S.
November 9th, 2010I wonder if Chinese television is carrying the one about the “mystery” missile launch… Via: Bloomberg: China’s Dagong Global Credit Rating Co. cut its credit rating for the U.S. to A+ from AA because of a Federal Reserve plan to purchase bonds to spur growth and inflation, according to Xinhua News Agency. The credit outlook […]
