Post Tagged with: "Society"
Immigration bill may require biometric data of all workers, including teenagers
I almost have to laugh at this. But, a proposal is afoot to require all employed persons in America submit biometric data as a control against illegal immigrants. This is part of an Immigration Bill now wending its way though the Senate. The Wall Street Journal writes ID Card for Workers Is at Center of
Links: 2010-03-07 – Comparing job losses, China’s workers and more
Social networks and the massive migration within China | vox Wirtschaftswunderland China: Der Weltfabrik gehen die Arbeiter aus – SPIEGEL ONLINE – Nachrichten – Wirtschaft Economic View – Rethinking the Government’s Role in Housing Finance – NYTimes.com The Renter Roadblock – NYTimes.com Glacier melting a key clue to tracking climate change It’s official: An asteroid
It’s about personal responsibility. No one made people buy these cars
If you’re wondering where these ridiculous, hare-brained comments are coming from, then watch this video and listen to Rick Santelli speak about predatory lending. The only one who acquits herself in this segment is Janet Tavakoli. Bill Isaac, a former FDIC head – the guy talking about regulation as if commercial banks are already
Links: 2010-03-04 – The cost of aging, leaving Britain for taxes and more
Getting Old Is Expensive – Economix Blog – NYTimes.com Sovereign-crisis trades spark regulatory backlash – MarketWatch Long-time cannabis use associated with psychosis – Science Daily Slashdot Your Rights Online Story | German Data Retention Law Ruled Unconstitutional A Leading Economist Mulls the Next Crisis – Interview with Joseph Stiglitz – Barrons.com Economist’s View: "Maybe Debt
Links: 2010-02-22 – UK bank overdrafts, jobseeker privacy and more
The Woman Behind Greece’s Debt Deal – WSJ.com Bailout Anger Hurts Geithner’s Public Image, Effectiveness – WSJ.com BBC News – Judge backs Bank of America’s Merrill Lynch deal fine Porsche May Struggle to Comply With U.S. Fuel Limits, FTD Says – Bloomberg.com U.S. Tops Canada 5-3 to End 50-Year Olympic Drought – Bloomberg.com Andrew Koch:
The Atlantic: A new jobless era is transforming America
The Atlantic has an epic piece on employment trends in America in this month’s issue. This is a must-read piece of journalism, not just for the anecdotes and analysis of this particular downturn, but also for its statistics and historical perspective. One particular part of the narrative on urban Black males caught my eye. You’ll
Chris Matthews on Obama’s SOTU : “I forgot he was black”
Of all the coverage of last night’s State of the Union address, the video below stands out. Now, I’m sure Matthews will have a defence for this piece of analysis i.e. “he was so good that all the talk about Obama and race slipped my mind for that brief moment while he spoke.” But, of
Bill Gross and the deficit ring of fire
Bill Gross is out with his latest monthly investment outlook. He is taking on the issue of sovereign debt. This is an issue that has moved center stage, especially in the wake of the surprise Thanksgiving debt moratorium announcement in Dubai. What caught my eye was this chart below. The obvious implication of the
Robert Reich gets it
I picked up this Robert Reich quote from Politico’s Open Mic section, which echoes the sentiments expressed by a Massachusetts voter in my recent post “President Obama, are you listening?”: A third political party is emerging in America. Call it the I’m-Mad-As-Hell party. It’s a mistake to see the Mad-As-Hell party as just a right-wing
Links: 2010-01-22
Obama and the War on Wall Street Yesterday’s announcement on bank regulation by President Obama is a key turning point in his Presidency. It means a whole new world of uncertainty for banks and bank stocks and could be just the beginning of a broad-based crack down on Wall Street – and that is bearish
Definition of terms
For those of you who want specifics. Kleptocracy as defined in Wikipedia: Kleptocracy, alternatively cleptocracy or kleptarchy, from Greek kleptes (thieve) and kratos (rule), is a term applied to a government that takes advantage of governmental corruption to extend the personal wealth and political power of government officials and the ruling class (collectively, kleptocrats), via
Robert Rubin’s absurd economic recommendations
Marshall Auerback here with a commentary on Robert Rubin’s recent Newsweek article on getting the economy back on track. As we all know, during his tenure as Treasury Secretary, Robert Rubin laid the groundwork for today’s crisis through his aggressive championing of financial deregulation. Had he at least acknowledged some remorse or recognition of error,