BP Thinks It Overpaid Damages for Gulf of Mexico Oil Spill Disaster
June 27th, 2013Via: AP:
BP oil spill settlement payments are being aggressively contested by London-based BP. The company may seek to recover what BP calls ‘overpayments’ that businesses received from the court-supervised settlement program for the BP oil spill in the Gulf of Mexico.
Research Credit: almaverdad2
80% of Pre-Packaged Foods in America Are Banned in Other Countries
June 25th, 2013Via: Yahoo:
If you or your kids enjoy pre-packaged convenience foods commonly found in grocery stores across the U.S. such as Froot Loops, Swanson dinners, Mountain Dew, and frozen potato and bread products, you may think twice before purchasing them after hearing what they contain: dangerous chemicals that other countries around the globe have deemed toxic to the point that they’re illegal, and companies are fined hundreds of thousands of dollars for including them in food products.
In a new book Rich Food, Poor Food, authors Mira and Jason Calton provide a list of what they term “Banned Bad Boys” – ingredients commonly used in up to 80% of all American convenience food that have been banned by other countries, with information about which countries banned each substance and why.
And though it might not surprise you to hear that Olestra – commonly used in low/no-fat snack foods and known to cause serious gastrointestinal issues for those who consume it (understatement) – is on that list, having been banned in both the United Kingdom and Canada, you may be shocked to hear that Mountain Dew, Fresca and Squirt all contain brominated vegetable oil, a substance that has been banned in more than 100 countries “because it has been linked to basically every form of thyroid disease – from cancer to autoimmune diseases – known to man.”
Anglo Irish Bank Executives: Financial Collapse as Piss Take
June 25th, 2013Via: Irish Independent:
TAPE RECORDINGS from inside doomed Anglo Irish Bank reveal for the first time how the bank’s top executives lied to the Government about the true extent of losses at the institution.
The astonishing tapes show senior manager John Bowe, who had been involved in negotiations with the Central Bank, laughing and joking as he tells another senior manager, Peter Fitzgerald, how Anglo was luring the State into giving it billions of euro.
…
The audio recordings are from the bank’s own internal telephone system and date from the heart of the financial crisis that brought the State to its knees in September 2008.
Anglo itself was within days of complete meltdown – and in the years ahead would eat up €30bn of taxpayer money. Mr Bowe speaks about how the State had been asked for €7bn to bail out Anglo – but Anglo’s negotiators knew all along this was not enough to save the bank.
The plan was that once the State began the flow of money, it would be unable to stop.
Mr Bowe is asked by Mr Fitzgerald how they had come up with the figure of €7bn. He laughs as he is taped saying: “Just, as Drummer (then-CEO David Drumm) would say, ‘picked it out of my arse’.”
Africa: U.S. Spreads Blowback Nightmare
June 25th, 2013Via: Asia Times:
A careful examination of the security situation in Africa suggests that it is in the process of becoming Ground Zero for a veritable terror diaspora set in motion in the wake of 9/11 that has only accelerated in the Obama years. Recent history indicates that as US “stability” operations in Africa have increased, militancy has spread, insurgent groups have proliferated, allies have faltered or committed abuses, terrorism has increased, the number of failed states has risen, and the continent has become more unsettled.
The signal event in this tsunami of blowback was the US. participation in a war to fell Libyan autocrat Muammar Gaddafi that helped send neighboring Mali, a US-supported bulwark against regional terrorism, into a downward spiral, prompting the intervention of the French military with US backing. The situation could still worsen as the US armed forces grow ever more involved. They are already expanding air operations across the continent, engaging in spy missions for the French military, and utilizing other previously undisclosed sites in Africa.
Research Credit: almaverdad2
Digital Dementia
June 25th, 2013Digital crackpipes for the children! The younger the better.
Via: Digital Journal:
South Korean doctors have found that increasing use of smartphones among young Koreans has led to a surge in incidence of “digital dementia” characterized by deterioration of cognitive abilities and symptoms found in people who have suffered head injury.
In Other News: Some Parents Who Work for Elite Silicon Valley Firms Send Their Children to School with No Computers
U.S. Surveillance Best Suited for Gathering Information on Law-Abiding Citizens
June 24th, 2013Via: Bloomberg:
The debate over the U.S. government’s monitoring of digital communications suggests that Americans are willing to allow it as long as it is genuinely targeted at terrorists. What they fail to realize is that the surveillance systems are best suited for gathering information on law-abiding citizens.
People concerned with online privacy tend to calm down when told that the government can record their calls or read their e-mail only under special circumstances and with proper court orders. The assumption is that they have nothing to worry about unless they are terrorists or correspond with the wrong people.
The infrastructure set up by the National Security Agency, however, may only be good for gathering information on the stupidest, lowest-ranking of terrorists. The Prism surveillance program focuses on access to the servers of America’s largest Internet companies, which support such popular services as Skype, Gmail and iCloud. These are not the services that truly dangerous elements typically use.
Silvio Berlusconi Found Guilty of Paying for Sex with Underage Prostitute
June 24th, 2013Via: Guardian:
Silvio Berlusconi, the former Italian prime minister and head of the main coalition partner in the current government, has been found guilty of paying for sex with an underage prostitute and abusing his office to cover it up.
In a highly anticipated verdict at the end of a sensational trial that proved the nail in the coffin of the playboy politician’s international reputation, a panel of three female judges sentenced the 76-year-old billionaire to seven years in jail and slapped him with a lifetime ban on holding public office.
However, he has always denied the charges and is certain to appeal against the verdict. In Italy, such sentences are only enforced once they are made definitive – a process that can take years.
Recovery: 76% of Americans Are Living Paycheck-to-Paycheck
June 24th, 2013Via: CNN:
Roughly three-quarters of Americans are living paycheck-to-paycheck, with little to no emergency savings, according to a survey released by Bankrate.com Monday.
Fewer than one in four Americans have enough money in their savings account to cover at least six months of expenses, enough to help cushion the blow of a job loss, medical emergency or some other unexpected event, according to the survey of 1,000 adults. Meanwhile, 50% of those surveyed have less than a three-month cushion and 27% had no savings at all.
The Insider Threat Program
June 23rd, 2013Via: McClatchy:
Even before a former U.S. intelligence contractor exposed the secret collection of Americans’ phone records, the Obama administration was pressing a government-wide crackdown on security threats that requires federal employees to keep closer tabs on their co-workers and exhorts managers to punish those who fail to report their suspicions.
President Barack Obama’s unprecedented initiative, known as the Insider Threat Program, is sweeping in its reach. It has received scant public attention even though it extends beyond the U.S. national security bureaucracies to most federal departments and agencies nationwide, including the Peace Corps, the Social Security Administration and the Education and Agriculture departments. It emphasizes leaks of classified material, but catchall definitions of “insider threat” give agencies latitude to pursue and penalize a range of other conduct.
Government documents reviewed by McClatchy illustrate how some agencies are using that latitude to pursue unauthorized disclosures of any information, not just classified material. They also show how millions of federal employees and contractors must watch for “high-risk persons or behaviors” among co-workers and could face penalties, including criminal charges, for failing to report them. Leaks to the media are equated with espionage.
“Hammer this fact home . . . leaking is tantamount to aiding the enemies of the United States,” says a June 1, 2012, Defense Department strategy for the program that was obtained by McClatchy.
Nuclear Waste May Be Leaking Into Soil from Hanford Site
June 23rd, 2013Via: AP:
An underground tank holding some of the worst radioactive waste at the nation’s most contaminated nuclear site might be leaking into the soil.
The U.S. Energy Department said workers at Washington state’s Hanford Nuclear Reservation detected higher radioactivity levels under tank AY-102 during a routine inspection Thursday.
Spokeswoman Lori Gamache said the department has notified Washington officials and is investigating the leak further. An engineering analysis team will conduct additional sampling and video inspection to determine the source of the contamination, she said.
State and federal officials have long said leaking tanks at Hanford do not pose an immediate threat to the environment or public health.
The largest waterway in the Pacific Northwest — the Columbia River — is still at least 5 miles away and the closest communities are several miles downstream.
However, if this dangerous waste escapes the tank into the soil, it raises concerns about it traveling to the groundwater and someday potentially reaching the river.
