Archive for April, 2013

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‘The Labor Market Is in Worse Shape Than You Think’

April 7th, 2013

Via: Daily Ticker: Harding says the shift to low-wage jobs from “good, middle-class” jobs such as construction workers, bookkeepers, typists, bank tellers and data entry employees, has led to growing income inequality. These positions have been replaced by modern IT systems that companies are using to cut costs and increase their bottom lines. “Companies are […]

Bank Of Cyprus CEO Hard Drives Sanitized

April 7th, 2013

This doesn’t make any sense. What about the servers? Were those drives sanitized too? Well, come to think of it, this might make sense if the bank was a criminal enterprise from the start. Via: ZeroHedge: As the investigation into unusual loan write-downs and the ‘premature’ movement of capital away from Cyprus by the elites […]

U.S. Apparently Amassing B-1 Bombers on Guam [Update: Or Not]

April 6th, 2013

U.S. Air Force says B-1s were not deployed to Guam. So, where did five big bombers go last night? — As you may have noticed, I don’t post much about North Korea’s hissy fits. But… If up to seven B-1 bombers were moved to Guam together, that’s finally got my attention. Via: The Aviationist: It […]

‘Bitcoin Really Is an Existential Threat to the Modern Liberal State’

April 6th, 2013

Via: Bloomberg: So far, Bitcoin is not a big deal. Its total value in circulation was $1.4 billion as of this week. That’s equivalent to the currency stock of a small nation — somewhere between Iceland and Uruguay — and just one-thousandth of the total value of U.S. dollars in circulation. The volume of transactions […]

Labor Force Participation Rate At 1979 Levels

April 5th, 2013

Via: Zero Hedge: Things just keep getting worse for the American worker, and by implication US economy, where as we have shown many times before, it pays just as well to sit back and collect disability and various welfare and entitlement checks, than to work .The best manifestation of this: the number of people not […]

Interspecies Telepathy: Human Thoughts Make Rat Move

April 5th, 2013

Via: New Scientist: Telepathic control of another person’s body is a small step closer. By linking the technologies of two brain/computer interfaces, human volunteers were able to trigger movement in a rat’s tail using their minds. Recently, researchers linked the brains of two rats so that they worked together to accomplish a taskMovie Camera. Such […]

Price Increases for U.S. Military Gear Dwarf Most Nations’ Defense Budgets

April 5th, 2013

Madness. Via: Wired: Here’s an example of what Defense Secretary Chuck Hagel was talking about in his Wednesday speech on reforming the way the Pentagon buys gear. If you look at just the increases in how much defense gear costs, the bloat dwarfs what nearly every other nation on earth spends on defense annually. I […]

Fallout: Increase in Babies Born with Congenital Hypothyroidism After Fukushima

April 5th, 2013

Via: Open Journal of Pediatrics, 2013, 3, 1-9 [.pdf]: Large amounts of fallout disseminated worldwide from the meltdowns in four reactors at the Fukushima-Dai-ichi plant in Japan beginning March 11, 2011 included radioiodine isotopes. Just days after the meltdowns, I-131 concentrations in US precipitation was measured up to 211 times above normal. Highest levels of […]

And Now… Harvard and MIT Magic 8 Ball Will Grade Essays

April 5th, 2013

Via: New York Times: Imagine taking a college exam, and, instead of handing in a blue book and getting a grade from a professor a few weeks later, clicking the “send” button when you are done and receiving a grade back instantly, your essay scored by a software program. And then, instead of being done […]

Recovery: Debtors’ Prisons Thrive

April 5th, 2013

Via: CBS: Thousands of Americans are sent to jail not for committing a crime, but because they can’t afford to pay for traffic tickets, medical bills and court fees. If that sounds like a debtors’ prison, a legal relic which was abolished in this country in the 1830s, that’s because it is. And courts and […]

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