Archive for November, 2011

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GE Filed 57,000-Page Tax Return, Paid No Taxes on $14 Billion in Profits

November 18th, 2011

Via: The Weekly Standard: General Electric, one of the largest corporations in America, filed a whopping 57,000-page federal tax return earlier this year but didn’t pay taxes on $14 billion in profits. The return, which was filed electronically, would have been 19 feet high if printed out and stacked.

Pentagon Successfully Tests Hypersonic Flying Bomb

November 18th, 2011

Via: AFP: The Pentagon on Thursday held a successful test flight of a flying bomb that travels faster than the speed of sound and will give military planners the ability to strike targets anywhere in the world in less than a hour. Launched by rocket from Hawaii at 1130 GMT, the “Advanced Hypersonic Weapon,” or […]

Is the U.S. Getting Domestic Indefinite Military Detention for Thanksgiving?

November 17th, 2011

Via: Mother Jones: A bipartisan group of senators is poised to force through dramatic changes to how the US government handles suspected terrorists—over the objections of the White House and Senate Democratic leadership. Legislative language that emerged from the Senate Armed Services Committee on Tuesday afternoon would mandate the automatic, indefinite military detention of noncitizens […]

‘Super Soldiers’: The Quest for the Ultimate Human Killing Machine

November 17th, 2011

Via: Independent: The era of The Terminator, the perfect robotic killing machine, is decades away; to date, all efforts to create a humanoid robot that can climb the stairs, let alone fight the Taliban, have been risible. But scientists are reporting breakthroughs with the next-best thing – the creation of human terminators, who feel less […]

Russian Military Chief Warns of Nuclear War Risks

November 17th, 2011

Via: AP / ABC: Russia is facing a heightened risk of being drawn into conflicts at its borders that have the potential of turning nuclear, the nation’s top military officer said Thursday. Gen. Nikolai Makarov, chief of the General Staff of the Russian armed forces, cautioned over NATO’s expansion eastward and warned that the risks […]

Many Android Phones Ship with Rootkit/Surveillance System Called ‘CarrierIQ’

November 17th, 2011

Via: Android Security Test: Carrier IQ is able to query any metric from a device. A metric can be a dropped call because of lack of service. The scope of the word metric is very broad though, including device type, such as manufacturer and model, available memory and battery life, the type of applications resident […]

Monitoring #N17

November 17th, 2011

Monitoring the Wall Street protest this morning: So far, the cops have it fully under control. They have barricaded the area around NYSE and are requiring that people show work IDs to get inside the zone. Live video streams: Livestream, Ustream. NYPD Manhattan Precincts 1-23 and Citywide 1-3 Live Audio Feed. Monitor Twitter with monitter.com […]

Middle-Class Areas Shrinking in U.S.

November 17th, 2011

Via: AFP: The number of middle-income neighborhoods in the United States has dwindled significantly over the past 40 years, as the rich-poor divide deepens across the country, a study released Wednesday showed. In 2007, nearly a third of American families — 31 percent — lived in either an affluent neighborhood or a mainly low-income one, […]

Government Motors: U.S. Boosts Estimate of Auto Bailout Losses to $23.6 Billion

November 17th, 2011

Via: Detroit News: The Treasury Department dramatically boosted its estimate of losses from its $85 billion auto industry bailout by more than $9 billion in the face of General Motors Co.’s steep stock decline. In its monthly report to Congress, the Treasury Department now says it expects to lose $23.6 billion, up from its previous […]

For Americans, 80 Is the New 65 When It Comes to Retirement

November 17th, 2011

Oh sure. Via: Reuters: When it comes to retirement, many middle class Americans said 80 is the new 65 and plan to delay retirement because of worries over money, according to a new survey. Wells Fargo bank asked 1,500 Americans who earned between $25,000 and $99,999 and ranged in age from 20 into their 70s […]

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