Assemblymember Urges State To Post Information On Fukushima Disaster’s Risk To California Beaches

Posted on January 16, 2014

Fukushima Nuclear Fire

The difficulty of finding accurate, current information about the science and the level of risk involved has exacerbated confusion and worry among some in the public. Saying that Californians are concerned and seeking information about potential health risks caused by contaminated water coming to the state from the Fukushima nuclear power plant disaster, Assemblymember Bob […]

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Economics Laureates in Favor of Raising the Minimum Wage

Written by Robert Murphy on January 16, 2014

Minimum Wage

The Economic Policy Institute has released a letter signed by 75 economists–including 7 winners of the Nobel (Memorial) Prize in economics–calling for the federal government to raise the national minimum wage from its current level of $7.25 to $10.10 by 2016. In this post I want to explain how this is possible, and why I […]

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Today, PIGS Can Fly. How Long Will It Last?

Posted on January 15, 2014

Flying Pig

The bond market is finished? You can only lose money in it from now on? That was very much the consensus in the market at the end of last year. But no one told investors in Europe. The one roaring trade for the start of 2014 has been euro-zone peripheral debt, with yields tumbling in […]

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Bernard Madoff Gives JPMorgan a Dissapointing Fourth Quarter

Posted on January 15, 2014

Bernard-Madoff

For years, convicted fraudster Bernard Madoff, who ran the biggest Ponzi scheme in history, claimed from prison that JPMorgan Chase, knew about the scam that he conducted through the bank. More than five years after his arrest Madoff continues to haunt the nation’s biggest bank and managed to hurt JPMorgan’s fourth quarter earnings of 2013. […]

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Snowden Still Providing Leaks of Secret NSA Files

Posted on January 15, 2014

Edward-Snowden

The National Security Agency has implanted software in about 100,000 computers around the world, allowing the United States to surveil those machines while creating a trail that can be used to launch cyber-attacks. Though most of the software is installed by gaining access to computer networks, the NSA can also employ technology that enters computers […]

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Illinois Signs Up For Obamacare! Well, Only 61,000 out of 12.8 Million

Posted on January 14, 2014

Illinois State Sign

A little more than 61,100 Illinoisans selected new health insurance policies created under President Barack Obama’s health care law through Dec. 28, as a last-minute surge in enrollment helped the marketplaces recover from an embarrassing Oct. 1 launch. The Illinois enrollments are up nearly nine-fold from November, when little more than 7,000 selected policies, according […]

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Egypt Votes on Constitution; Judiciary Most Likely to Benefit

Posted on January 14, 2014

Egypt-votes

Egyptians began voting on a draft for their country’s constitution Tuesday morning, a vote that is expected to give the judiciary expanded authority at a time when judges have been at the center of a crackdown on Islamists. The referendum’s opening was marred by an explosion outside a courthouse in the Cairo suburb of Imbaba, […]

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Chris Christie Trying To Change Focus in Key Speech

Posted on January 14, 2014

New Jersey Governor Chris Christie, facing investigations over a traffic snarl-up and the use of federal money for an ad campaign, will likely try to shift attention back to his second-term agenda when he gives a key speech on Tuesday. Christie, a charismatic conservative and an early favorite in the upcoming Republican race for the […]

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