The Fount of Useless Information
Your place for useless information that just might possibly be interesting.
Walmart supply chain: warehouse staff agencies accused of wage theft
‘They prey on people living on the edge,’ claim workers, who are already among the most vulnerable and lowest-paid in America
http://www.guardian.co.uk/business/2012/oct/18/walmart-supply-chain-agencies-accused-wage-theft
I can state with authority that this isn’t …
Is the middle class an endangered species?
After losing ground for four decades, middle America increasingly looks doomed. Here’s how it happened
http://www.salon.com/2012/10/24/is_the_middle_class_an_endangered_species/
This is likely to be a rambling post, brace yourself… I have felt in my gut for …
A Simple Fix for Farming
http://opinionator.blogs.nytimes.com/2012/10/19/a-simple-fix-for-food/
I read many years ago about a rancher in the mid west that decided to forgo the hugely expensive and time consuming effort of clearing shrubs and bushes, killing ‘invasive’ browsers (like antelope) and …
Latest in mortgage fraud: Flopping
http://money.cnn.com/2012/10/23/real_estate/mortgage-fraud-flopping/index.html?source=cnn_bin
I had heard a bit about this before but didn’t realize it had been dignified with a name. The main issue I see here is that the IRS has the capability (that I believe …
Global warming stopped 16 years ago, reveals Met Office report quietly released… and here is the chart to prove it
Banks err by confusing risk, uncertainty
Complex prediction models may have blinded financial institutions to looming meltdown
http://www.sciencenews.org/view/generic/id/345625/title/Banks_err_by_confusing_risk%2C_uncertainty
…Annual forecasts of currency values from December 2001 to December 2010, which guided banks’ investment decisions, badly missed the mark nine out
For-profit inspectors allow toxic food
A Bloomberg Markets investigation shows dangers of food industry taking over from FDA
http://www.salon.com/2012/10/11/for_profit_inspectors_allow_toxic_food/
We don’t want no stinkin regulation! We can self-regulate no problem!
The ironic thing to me is that the ‘for profit’ …
CEO emails 7,000 employees: Defeat Obama or else
http://money.cnn.com/2012/10/09/news/economy/siegel-email-employees/index.html?hpt=hp_t2
One more case of biting the hand that feeds you: genius CEO David Siegel, whose company, btw, seems to have grown under our current President’s economic policies (it always flabbergasts me …
I am a job creator: A manifesto for the entitled
http://www.washingtonpost.com/business/i-am-a-job-creator-a-manifesto-for-the-entitled/2012/09/28/756f2e90-07ee-11e2-858a-5311df86ab04_story.html
I really encourage my reader(s) to look at the whole thing. I excerpted a few that I like the most…
…I am the misunderstood superhero of American capitalism, single-handedly
Jack Welch: I was right about jobs report
http://money.cnn.com/2012/10/09/news/economy/jack-welch-jobs/index.html?source=cnn_bin
I had a bit of respect for Jack prior to this outburst, but it is all gone now. He had operated GE well (and was extremely well compensated, but in this …