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A fine rant from Zero Hedge about blaming speculation for the ongoing debt crisis in Greece when the real problem is governments hiding debt, aided and abetted by investment banks. Dear Mr. Bernanke, dear idiots at the SEC (to paraphrase an extremely observant Harry Markopolos), and dear everyone else who is just an empty chatterbox [...] Winds in some areas could approach hurricane strength. Yikes. That ‘mix” band in New England of rain and snow almost certainly means roads, power lines, and trees will ice up, creating seriously nasty conditions. This storm is a nor’easter. Confusingly, a nor’easter does not come from the stormy northeast Atlantic but rather straight [...] 10 spicy bits of economic news: 1. Jobless claims rise unexpectedly. The number of Americans filing first-time claims for unemployment insurance climbed unexpectedly last week. There were 473,000 initial jobless claims filed in the week ended Feb. 13, up 31,000 from the previous week’s upwardly revised 442,000, the Labor Department said on Thursday. A [...] Depleted Cranium explains why in a long, detailed, factual article If so, then why the all the hubbub about Iran building nuclear power plants? Saving energy not only reduces CO2 emissions, it also saves money, sometimes a lot of money. So saving energy seems like a no-brainer. Here are some ideas. Queen Liliuokalani. Last monarch of the Hawaiian islands. Overthrown by force by a consortium of businesses with tacit support of US government. [The Akaka Bill] gives Native Hawaiians the same opportunity provided to Alaska Natives and 564 Indian tribes – the chance to govern their own affairs in partnership with their state and the [...] Yes, the man who helped cause it all by creating and presiding over two bubbles and subsequent collapses now says – wait for this – the rich are now getting richer while everyone else gets screwed. Perhaps the old buzzard is feeling a twinge of conscience or realizes his historical name is mud unless he [...] The NYT is appalled by the current Starbucks policy of allowing armed customers. Should customers be free to sip Skinny Cinnamon Dolce Lattes at their laptop screens while brandishing a gleaming Ruger .357? So far, Starbucks executives say yes, claiming they are quite safety-minded within a policy that “supports the federal, state and local [...] UCLA Press blurb Why did Starbucks take hold so quickly with consumers? What did it seem to provide over and above a decent cup of coffee? Why at the moment of Starbucks’ profit-generating peak did the company lose its way, leaving observers baffled about how it might regain its customers and its cultural significance? [...] Will we see more of this violence? Most assuredly. Further, as this economic failure matures, damaging ever greater numbers of people, we may see less violence against people and more economic violence (disruption) in an attempt to extract from society as great a cost as they possibly can. A couple of hundred people, using the [...] |
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