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Monthly Archives: June 2012

Chicago Teacher’s Unions: 24% Raise Or We Strike

I don’t guess the teachers in Illinois have ever heard of Wisconsin, or California, for that matter.

Nothing screams relevance in today’s economic and political climate like a teacher’s union threatening a strike if their members aren’t given a 24 percent pay raise, and yet that is exactly what is happening in Chicago, the nation’s third largest school district.

Read the rest here.

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Clive Thompson on 3-D Printing’s Legal Morass

So really, the longer-term danger here is that manufacturers will decide the laws aren’t powerful enough. Once kids start merrily copying toys, manufacturers will push to hobble 3-D printing with laws similar to the Stop Online Piracy Act. “You’ll have people going to Washington and saying we need new rights,” Weinberg frets. Imagine laws that keep 3-D printers from outputting anything but objects “authorized” by megacorporations — DRM for the physical world. To stave this off, Weinberg is trying to educate legislators now.

Read the article here.

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Why Mike Daisey Had to Lie to Tell the Truth about Apple

Daisey is still a liar, and the American left’s love affair with Apple is still ridiculous, considering it is a very rich private enterprise, exemplifying everything the left hates about capitalism, right down to the utilization of questionable labor practices with third-world employees.

Read the article here.

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Jack Schwager Q&A: Setting Stops and Asymmetric Trades

Via Abnormal Returns, Tadas posts a recent interview with Schwager where he was able to ask some questions that he thought would interest the readers of Abnormal Returns.

Read the interview here.

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Eat This With Your Big Gulp Bloomberg: Bacon Sundae

“NEW YORK (AP) — Burger King wants to lure customers this summer with a barbecue party — and a bacon sundae.

The world’s second biggest hamburger chain on Thursday is launching several pork, beef and chicken sandwiches as limited time offers. And for a sweet ending, the company is also offering a bacon sundae — vanilla soft serve with fudge, caramel, bacon crumbles and a piece of bacon — that started in Nashville, Tenn. earlier this year.”

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US: Russia Sending Syria Attack Helicopters

“WASHINGTON (AP) – The Obama administration said Tuesday that Russia is sending attack helicopters to Syrian President Bashar Assad’s regime and warned that the Arab country’s 15-month conflict could become even deadlier.

Secretary of State Hillary Rodham Clinton said the U.S. was “concerned about the latest information we have that there are attack helicopters on the way from Russia to Syria.”

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Syria Accuses US of Supporting Terrorists, Meddling

“Syria has accused the United States of encouraging more massacres in the country and of meddling in its internal affairs, saying Washington supports armed terrorist groups operating in Syria.

The Syrian Foreign Ministry issued a statement on Tuesday saying that the US is covering up terrorist crimes and distorting the facts about what is happening in

Syria. ”

Full article

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Romney Outlines Health-Care Plan as Supreme Court Weighs Law

“Mitt Romney pledged to replace the U.S. health-care overhaul with a plan relying on private markets to provide “access to good health care” for every American, as he revived attacks on President Barack Obama’s signature achievement that the U.S. Supreme Court is preparing to rule on.

The presumptive Republican presidential nominee told small business owners in Orlando, Florida, that he would implement policies, including tax breaks, aimed at helping the private market care for the uninsured and those with preexisting medical conditions.

“Free enterprise is the way America works,” Romney told the group gathered in the warehouse of Con Air Industries, which makes air filters. “We need to apply that to health care.”
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How Bain Capital Helped BP Blow Up the Deepwater Horizon

“I almost fell off the barstool when I read that it was Bain Capital (Mitt Romney, former CEO), that told oil giant BP it was a good idea to cut costs. The cuts would lead to death, mayhem and the destruction of the Gulf Coast (not to mention BP’s poisoning of Alaska, Africa, Central Asia and Colombia).

In 2007, after BP’s criminal negligence and penny-pinching led to the explosion at the BP oil refinery on the Gulf Coast, in Texas City, Texas, the company brought in industry pooh-bah James Baker, their lawyer and former Secretary of State, to write a report. Baker is Big Oil’s BFF, but in this case, he was horrified, and told BP to get its act together and spend some real money on operating safety.”

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The Sixties at 50

“The following column accompanies a special report in the July-August issue, taking stock of America’s progress in fighting poverty on the 50th anniversary of Michael Harrington’s The Other America.”Ever since the 1960s, many of us have measured progress by how far America has gone in fulfilling the ideals of that era: guaranteeing equal rights, preventing unjust wars, safeguarding the earth, ending poverty.”

Full article

 

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NATO Clears the Way for Ethnic Cleansing in Libya

“National Public Radio reported this morning on shocking evidence of ethnic cleansing in Libya. After the war ended last year, and former dictator Muammar Qaddafi was killed, and the global media departed, the residents of the predominantly Arab town of Misrata slaughtered, tortured, and expelled residents of the neighboring, predominantly black town of Tawargha. The pretext was a bizarre, racist conspiracy theory: that all 30,000 black residents of Tawargha had risen up to rape the Arab women and girls of Misrata.”

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‘Cannibal Monster’ Arrested In China

“MIAMI (CBS MIAMI) — South Florida isn’t the only country dealing with cannibalism.

A Chinese man called the “cannibal monster” was arrested two weeks ago for the murder and mutilation of at least 20 people in Yunnan province.

Several reports indicate 56-year-old Zhang Yongming ate his victims, sold the victims’ flesh to others and also fed them to his dog. Many of the victims were young boys.”

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