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  • Trump Goes on Renaming Frenzy

    Monday, May 12, 2025
    Trump ordered that the term Homo sapiens be changed to Hetero sapiens. In history books and on websites, the airplane from which the atomic bomb was dropped on Hiroshima will no longer be identified as the Enola Gay, but rather the Enola Straight. Trump also ordered billionaire Mark Cuban, who supported Kamala Harris in the 2024 election, to change his name to Mark American. If he does not do so, he will be charged with terrorism.   read more
  • Wall Street Recession Strategy: Fire People and Give Survivors a Raise

    Tuesday, October 16, 2012
    Almost half of Wall Street revenue goes to salaries and other compensation. The average annual compensation for securities industry employees in New York has gone up 16.6% in two years to $362,950. Yet, despite firms making more money, they’re still laying people off—1,200 so far in 2012—this after shedding 20,000 positions since 2007. Bank of America alone dropped 12,624 employees over the past year.   read more
  • Three-Quarters of Scientific Retractions Caused by Misconduct, not Honest Errors

    Tuesday, October 16, 2012
    A new study of 2,047 retractions of biomedical and life-science research articles published between 1973 and May 3, 2012, says that only 21.3% of the time are retractions the product of honest errors. That means misconduct is behind three-quarters of retractions. The misconduct includes suspected fraud (43.4%), duplicate publication (14.2%) and plagiarism (9.8%).   read more
  • Government Accused of Allowing Bank of America to Investigate Itself about Foreclosures

    Monday, October 15, 2012
    If the homeowner’s request is rejected or the homeowner objects to the amount of compensation, the homeowner is not allowed to challenge the figure. The homeowner’s only avenue for an appeal is to sue Bank of America. Given the resources available to the average foreclosed homeowner compared to the resources available to BofA, this is an unlikely avenue of appeal and one whose outcome is heavily skewed in favor of the bank.   read more
  • Consumer Confidence Hits 5-Year High

    Monday, October 15, 2012
    Analysts credit rising home values, declining unemployment and stock market strength for the growth in consumer confidence, which has been reflected in other measures as well. UMSRC’s index of consumer expectations six months from now rose to its highest level since July 2007, and its monthly gauge of current conditions improved by 3.4%. Last week’s Bloomberg Consumer Comfort Index remained near a three-month high.   read more
  • Private Insurance Companies Cost Medicare $34 Billion This Year

    Monday, October 15, 2012
    The multi-billion dollar “Medicare Advantage Quality Bonus Payment Demonstration” program, which was part of President Barack Obama 2010 health care reform, was supposed to give extra money to private plans that do a good job of providing high-quality care, Instead, the bonus payments have been given to “virtually all MA plans.”   read more
  • What Jobs will be Lost if Congress Can’t Settle the Budget/Debt Crisis?

    Monday, October 15, 2012
    One of the studies estimated that the cuts would kill about 2.1 million jobs in 2013, including 746,000 direct jobs, 433,000 indirect jobs, and 959,000 induced jobs. A different but consistent study estimated defense-related job losses at between 900,000 and 1.2 million. On the non-defense side, a National Education Association study estimated that cuts to education would cost about 80,000 jobs, and an Aerospace Industries Association report foresaw between 40,000 and 132,000 jobs.   read more
  • Obama Administration Accused of Lying about Mortgage Fraud Crackdown Data

    Monday, October 15, 2012
    Of the eight cases DOJ called recent, two were filed before Oct. 1, 2011, including the case of Chicago attorney Norton Helton, who was sentenced on January 18, 2012, to 15 years in prison for his involvement in 102 fraudulent mortgage bailout transactions. The case against Helton was filed in October 2006.   read more
  • Will Justice Dept. Be Forced to Reopen Case against Lance Armstrong?

    Sunday, October 14, 2012
    Former pro cyclist Lance Armstrong did not to contest doping allegations brought by the United States Anti-Doping Agency (USADA). But legal observers believe that he may be liable, both civilly and criminally, for his doping and lying to cover it up, based on sworn testimony from 26 people.   read more
  • Oakland Sues Obama Administration over Loss of Tax Revenue Due to Medical Marijuana Crackdown

    Sunday, October 14, 2012
    In what may be a first, Oakland, California, is suing the U.S. Department of Justice for cracking down on a medical marijuana dispensary in the city. Federal law enforcement began forfeiture proceedings in July against Harborside Health Center, which has operations in Oakland and San Jose, causing losses of $1.4 million in business taxes.   read more
  • Assistant Secretary of Labor for Veterans’ Employment and Training Service (VETS): Who Is Keith Kelly?

    Sunday, October 14, 2012
    President Barack Obama has nominated Keith Kelly, an Army veteran who has been a state-level labor official, as the next Assistant Secretary of Labor for Veterans’ Employment and Training Services (VETS), an agency in the Department of Labor that provides resources and services to help veterans locate grants, training, and employment opportunities.   read more
  • For the First Time, U.S. Designates a Street Gang an International Criminal Organization

    Sunday, October 14, 2012
    The U.S. Department of the Treasury has designated the MS-13, or Mara Salvatrucha, street gang with Los Angeles roots as an international criminal group, with membership at 6,000-10,000 nationwide, allowing the federal government to target the finances of a gang for the first time.   read more
  • 40% of Detroit Residents Want to Leave

    Sunday, October 14, 2012
    A recent poll of Detroit residents shows that 50% of them would live elsewhere if they could and 40% want to leave within 5 years. If all of them actually exit, Detroit would be left with only 428,000 residents. More than half of those polled said crime is their biggest daily challenge.   read more
  • Karl Rove Group Pours Anonymous Millions into Anti-Obama Ads

    Saturday, October 13, 2012
    To date, Rove’s Crossroads GPS and American Crossroads have spent a combined $174.3 million, with more than 70.5% of this money coming from undisclosed contributors. Some may wonder why a campaign contributor would want to remain anonymous. One reason is that donors sometimes receive negative publicity. Others may give to one candidate, but hedge their bets by remaining anonymous in case the other candidate wins.   read more
  • U.S. Government Employee Wins Nobel Prize in Physics

    Saturday, October 13, 2012
    An obscure office within the U.S. Department of Commerce collected another Nobel Prize in physics this week, giving it four in the last 15 years. David J. Wineland, a physicist at the National Institute of Standards and Technology (NIST), won the 2012 Nobel Prize in Physics. Wineland has worked at NIST for 37 years.   read more
  • Ambassador to Lithuania: Who Is Deborah A. McCarthy?

    Saturday, October 13, 2012
    McCarthy served as deputy assistant secretary in the Bureau of International Narcotics and Law Enforcement from 2002 to 2004, senior advisor for Counter Terrorism from 2004 to 2006, and special coordinator for Venezuelan Affairs from 2006 to 2008. She returned to Europe to serve as deputy chief of mission at the embassy in Athens, Greece, from 2008 to 2010. Since September 27, 2010, she has been principal deputy assistant secretary of State for Economic and Business Affairs.   read more
  • Office of the Special Trustee for American Indians: Who Is Vincent Logan?

    Saturday, October 13, 2012
    Logan worked as a “Private Wealth Associate” in the Private Banking and Investment Group at Merrill Lynch from March 2006 to March 2009, when Merrill Lynch, a casualty of the 2008 financial crisis, was taken over by Bank of America. Undaunted, Logan founded his own firm, The Nations Group, LLC, which works with Native American tribes on asset management, investment strategies, and financial education.   read more
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