Oh I feel so bad if he quit do to a pay cut, that is just terrible, I mean he will miss all those elaborate parties that our frack'ing tax dollars paid for.
They should have fired the entire executive tier. Those jackasses made mo... more Oh I feel so bad if he quit do to a pay cut, that is just terrible, I mean he will miss all those elaborate parties that our frack'ing tax dollars paid for.
They should have fired the entire executive tier. Those jackasses made more money in a year than the average person will make in a life time, yet managed to help wreck our entire economy. URL: www.msnbc.msn.com
Blogger Loses Unemployment Benefits Over $238 In Adsense Pay |
Ridiculous, but this is the world we live in: rules and regs are stuck in an era where the Internet doesn’t exist. |
A laid-off attorney (going by “Karin”) started a blog posting about meal specials in St. Louis. She signed up for Google Adsense, the service that pays bloggers and webmasters to host ads on their sites. After three months of blogging and receiving unemployment benefits (at $405 a week), she received a check from Google. Read more at www.mediabistro.com |
‘Sometimes I think, was it real?’ The American bailout nightmare |
“We had to project confidence, hold up the world,” Neel Kashkari recalls. “We couldn’t admit how scared we were, or how uncertain” |
The architect of America’s banking bailout has revealed for the first time the
chaos behind the scenes at the US Treasury during the creation of the
controversial $700 billion (£425 billion) Troubled Asset Relief Program
(Tarp).
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Neel Kashkari, the 35-year-old banker picked by Hank Paulson, then Treasury
Secretary, to design the Tarp, described how one colleague screamed in panic
over the imploding financial system, while another almost died of heart
problems because he worked on the bailout rather than seeking medical
treatment.
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Big brother really is watching. Sprint fed customer GPS data to cops over 8 million times |
Christopher Soghoian, a graduate student at Indiana University’s School of Informatics and Computing, has made public an audio recording of Sprint/Nextel’s Electronic Surveillance Manager describing how his company has provided GPS location data about its wireless customers to law enforcement over 8 million times. That’s potentially millions of Sprint/Nextel customers who not only were probably unaware that their wireless provider even had an Electronic Surveillance Department, but who certainly did not know that law enforcement offers could log into a special Sprint Web portal and, without ever having to demonstrate probable cause to a judge, gain access to geolocation logs detailing where they’ve been and where they are.
Read more at arstechnica.com |
Militia movement resurfaces across nation |
Resurgence in part coincides with the arrival of Obama administration |
NIKISKI, Alaska - Norm Olson’s genial tone belies his reputation as a radical militiaman, yet here he is, at 63, an affable grandfather explaining why Americans should arm themselves against their government. |
Walking stick in hand, clad in military fatigues, he strolls a trail in the woods near his home, located on 22 acres near Nikiski, a small, unincorporated community with isolated roads and no local government. The nearest state trooper post is two towns away. |
A fellow militiaman, armed with an assault rifle, walks along as Olson — a man whose conspiracy theories were so extreme that he was kicked out of the group he founded, the Michigan Militia, 15 years ago — discourses on the need for a paramilitary Alaska Citizens Militia. |
| “Microsoft has denied that it has built a backdoor into Windows 7, a concern that surfaced yesterday after a senior National Security Agency (NSA) official testified before Congress that the agency had worked on the operating system. ‘Microsoft has not and will not put “backdoors” into Windows,’ a company spokeswoman said, reacting to a Computerworld story Wednesday. On Monday, Richard Schaeffer, the NSA’s information assurance director, told the Senate’s Subcommittee on Terrorism and Homeland Security that the agency had partnered with the developer during the creation of Windows 7 ‘to enhance Microsoft’s operating system security guide.’ Thursday’s categorical denial by Microsoft was accompanied by further explanation of exactly how the NSA participated in the making of Windows 7Read more at it.slashdot.org |
Yeah — give more of my tax dollars to help poor AiG. I don’t want there execs to miss getting their Dec. Holiday bonuses. AIG taps $2.1 bln from US for ILFC share purchase |
NEW YORK, Nov 6 (Reuters) - American International Group
Inc (AIG.N) tapped the U.S. government for another $2.1 billion
to buy shares of its aircraft leasing arm, International Lease
Finance Corp, or ILFC, the insurer said in a regulatory filing
on Friday. |
AIG, bailed out last year by the government, is trying to
sell ILFC. It was able to draw from a credit facility
established by the Federal Reserve Bank of New York, and said
in the U.S. Securities and Exchange Commission filing it
expects to receive the funds on Nov. 13. |
Maybe they can get together and lend our government some money? Report: 237 millionaires in Congress |
As Washington reels from the news of 10.2 percent unemployment, the Center for Responsive Politics is out with a new report describing the wealth of members of Congress. |
Among the highlights: Two-hundred-and-thirty-seven members of Congress are millionaires. That’s 44 percent of the body – compared to about 1 percent of Americans overall. |
CRP says California Republican Rep. Darrell Issa is the richest lawmaker on Capitol Hill, with a net worth estimated at about $251 million. Next in line: Rep. Jane Harman (D-Calif.), worth about $244.7 million; Sen. Herb Kohl (D-Wis.), worth about $214.5 million; Sen. Mark Warner (D-Va.), worth about $209.7 million; and Sen. John Kerry (D-Mass.), worth about $208.8 million. Read more at www.politico.com |
I want this book on my Kindle and in English. The Man Who Predicted the Depression
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Ludwig von Mises explained how government-induced credit expansions led to imbalances in the economy. |
Ludwig von Mises was snubbed by economists world-wide as he warned of a credit crisis in the 1920s. We ignore the great Austrian at our peril today. |
Mises’s ideas on business cycles were spelled out in his 1912 tome “Theorie des Geldes und der Umlaufsmittel” (”The Theory of Money and Credit”). Not surprisingly few people noticed, as it was published only in German and wasn’t exactly a beach read at that. Read more at online.wsj.com |
Rise of stealthy traffic cameras fuels disgust |
‘They make too much money for cities to just stop using them’ |
More than 400 cities spread across two dozen states now use cameras to enforce traffic rules. |
The photograph, the zoom-in on the tag, it’s you, baby. Your car. Two weeks ago. Forty-one in a 30-mph zone. |
It’s from your favorite municipality. You can pay $40 now or $80 later. You can also contest it, the infraction letter says, and that’s a laugh. You remember seeing that the folks who went down to fight their automated tickets in Montgomery County got convicted 99.7 percent of the time. Like a Soviet election, you think, a sham, a joke, and you, the chump in the parade. Read more at www.msnbc.msn.com |
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AIG executive quits after government cuts pay - U.S. business- msnbc.com
