UBS has admitted that it schemed to defraud the U.S. government by helping Americans hide money in secret Swiss accounts
If your secret Swiss bank account was small enough, you can breathe easier: A landmark deal between the United States and Switzerland to expose American tax dodgers does not call for the Swiss to blow your [...]
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American Tax Dodgers No Longer Shielded By Swiss Banks
Google To Talk With China’s Copyright Watchdog Over Copyright Violations
Search engine giant Google is sending a representative to China this week to talk with the country’s copyright watchdog. The move is designed to cool Chinese authors’ heated complaints against the company over copyright violations, a Google senior executive said yesterday.
Drug Industry Raising Prices In Face Of Health Care Reform
Even as drug makers promise to support Washington’s health care overhaul by shaving $8 billion a year off the nation’s drug costs after the legislation takes effect, the industry has been raising its prices at the fastest rate in years.
Voting Opens For Angry Mermaid Award For Most Detrimental Climate Lobbying
That’s one pissed fish!
The damaging impacts of corporate lobbying on international efforts to fight climate change are exposed today with the announcement of the eight candidates for the Angry Mermaid Award 2009.
The Angry Mermaid Award is named after the iconic Copenhagen mermaid who is angry about the destruction being caused by climate change
Thousands of members [...]
The True Colors Of The So Called Health Debate
“One of the reasons I have long supported the U.S. biotechnology industry is that it is a homegrown success story that has been an engine of job creation in this country.” This written statement by Rep. Joe Wilson of South Carolina on the health care bill was identical to one by Representative Blaine Luetkemeyer and [...]
Cigarette Pack Phone
Am I gonna be able to see my sexts on there?
You may really love your Marlboro lights, but we seriously doubt that you love them enough to be willing to purchase a cigarette-box-phone (if that’s what you call it). This phone is a dual-band GSM device, has a 1.6-inch display, MP3/MP4 player, Bluetooth, FM radio, and [...]
Late For Work? No Problem! Check In With Your Fake Fingerprint
Getting fingered on the job.
A special silica film that can help white-collar employees check in on time at office has been selling well in China recently.
One of its users is a woman surnamed Liu who works for an advertisement company in Fuzhou, capital of Fujian province. Often late for work, Ms. Liu has suffered heavy [...]
Samsung Announces Bada Mobile OS
With the battle between the iPhone OS, Windows Mobile, Google’s Android heating up, what we need now is another mobile operating system, right? Well, that’s what Samsung thinks anyways, as it has just announced its entry into the mobile operating system game with Bada. If you must ask, the name means “ocean” in Korean, showing [...]
Some Large U.S. Corporations Sitting On Piles Of Cash
In the summer of 2008, steel giant Nucor decided to raise some cash. It issued new shares of stock and floated some corporate bonds. As financial markets crumbled, the company ignored pleas from some investors and analysts that it buy back shares, which are now selling for about half their peak.
Extremely Rare – Royal Raymond Rife Microscope #2 Up For Auction In London
Royal Raymond Rife Microscope #2
Royal Raymond Rife, “genius scientist”, trained for six years at the Carl Zeiss Optical Company in Germany and became the inventor of powerful microscopes, leading to the discovery of a revolutionary therapy for viral diseases.
Pictured above is his second microscope which will be included as lot 113 in the Bonhams sale 10th [...]
Airlines Charging Fees Lost More Money Than Airlines That Didn’t
The US airlines that created the largest, most redonkulous and abusive fees this year lost the most money last quarter. Airlines with low or no fees lost the least.
Accountants have rigged the system. They create a stream to track the ancillary revenue from fees and they look like heroes when they can report they earned [...]
China’s Bubble is Coming – But Not the One You Think
China’s economy has fewer influencers than the U.S.
Financial commentators are obsessively debating whether the recent rise in the Chinese stock market means there’s a bubble — and if so, when it’s going to burst.
My take? Who cares! What happens to the broader Chinese economy is what we should really be watching. It will have a [...]
Executive Compensation vs. The Grunt Worker World
GOOD’s executive compensation infographic shows the compensation levels of the business world’s top execs, with the number of minimum wage earners each super-suit’s take-home pay would support. Wow that is a lot of capitalistic greed!
Report: Woman Paralyzed By E. Coli-Tainted Hamburger
American mega megacorp Cargill, which brought in $116.6 billion in revenue last year, is in the spotlight this week around the story of Stephanie Smith: the 22 year old children’s dance instructor was paralyzed from the waist down after eating E. coli-tainted hamburger traced back to the meat supplier.
She was in a coma for nine [...]
Banks Accused of ‘Criminal’ Overdraft Fees
For years the people in congress have ignored the outrageous
practices of banks and credit card companies
A backlash is brewing on Capitol Hill against banks that charge large fees for overdrafts without asking or telling customers, the latest sign that the financial crisis is shifting the balance of power from banks toward borrowers.
Banks struggling to survive [...]
Product Placement To Be Allowed On British Television
McWhores
Product placement is to be allowed on British TV shows, in a move due to be announced this week.
Independent broadcasters will be allowed to take payments for displaying commercial products during shows.
The change is intended to bring in extra funds for commercial broadcasters.
Islamic Search Engine Filters Out So Called “Sinful” Material
The New “Sinless” Search Engine
Muslims will be able to surf the internet without the fear of accidentally encountering what their relegion views as sinful material after a Dutch company launched the world’s first Islamic search engine.
The ImHalal service works like any other search facility until potentially illicit words are entered, when it rates the search [...]
How Did Economists Get It So Wrong?
When economists fail
It’s hard to believe now, but not long ago economists were congratulating themselves over the success of their field. Those successes — or so they believed — were both theoretical and practical, leading to a golden era for the profession. On the theoretical side, they thought that they had resolved their internal disputes. [...]
Nice Guys Really Do Finish Last When It Comes to Paychecks
That’s the conclusion of a new study, which found that men who are pleasant at work get an average of 1,500-pound a year less than those who are more aggressive. To reach the conclusion, experts looked at the link between personality and pay, reports The Daily Express. ’
Shafted Air India Workers Go On Mass Hunger Strike
No Money No Workee
Thousands of airline workers have launched a mass hunger strike over a wages row.
Around 20,000 Air India staff at airports across the sub-continent are refusing to eat after the cash-strapped company said it was delaying paying wages and cutting bonuses.
Ancient Humans Left Evidence From The Party That Ended 4,000 Years Ago
Gourd and squash artifacts were recovered from the sunken pit and platform in the Fox Temple at the Buena Vista site in central Peru
The party was over more than 4,000 years ago, but the remnants still remain in the gourds and squashes that served as dishware. For the first time, University of Missouri researchers have [...]
Clear Card Ceases Operations
Steve Brill’s Clear Card closes operations
The company which aimed to help registered users pass through airport security more quickly and with less hassle, will fold operations as of 2 a.m. on Tuesday. The New York-based Verified Identity Pass, Inc. is the company which operates Registered Traveler programs under the brand name Clear.
Smokers Unaware Tobacco Companies Changed Design Of Cigarettes
Tobacco companies made changes without informing consumers
As President Obama prepares to sign a bill giving the Food and Drug Administration (FDA) oversight of the tobacco industry, a new study from Harvard School of Public Health (HSPH) researchers shows that tobacco manufacturers have continually changed the ingredients and the design of their cigarettes over time, even [...]
New Report: Over 60% of U.S. Bankruptcies From Medical Bills
The overbearing sickness industry gets scrutinized.
An article in the latest issue of The American Journal of Medicine makes chilling reading, and presents compelling evidence that the US health care system is broken. In 2007, before the current economic downturn even began, an American family filed for bankruptcy in the aftermath of illness every 90 seconds; [...]
Telecom Spy Suits Dismissed – EFF, ACLU Plan Appeal
You are currently under surveillance. Really.
Bad news for freedom as noted in this snip from WIRED Threat Level piece by David Kravets:
A federal judge on Wednesday dismissed lawsuits targeting the nation’s telecommunication companies for their participation in President George W. Bush’s once-secret electronic eavesdropping program. In his ruling, U.S. District Judge Vaughn Walker upheld summer [...]
