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Archive for June, 2013

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Mysteries of the middle class

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

30/06/2013

If you are worried about the Western middle class – and we all should be – you may have started to have some doubts about the virtues of flexible labor markets. In theory, flexible labor markets should make our economies more productive, and all of us richer, by making it easier for people to do the work the economy needs and to stop doing the work it doesn’t.
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Multiple Government Agencies Are Keeping Records Of Your Credit Card Transactions

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

29/06/2013

Were you under the impression that your credit card transactions are private? If so, I am sorry to burst your bubble. As you will see below, there are actually multiple government agencies that are gathering and storing records of your credit card transactions.And in turn, those government agencies share that information with other government agencies that want it. So if you are making a purchase that you don’t want anyone to know about, don’t use a credit card.
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Mykonos one of the most desired destinations in the world

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

29/06/2013

Once among the poorest, barest Greek islands, Mýkonos in the 1960s became a bohemian mecca and is now one of the glitziest, most famous tourist destinations in the country. This central Cyclade was briefly the premier Mediterranean resort for travellers, though since then Mýkonos has tried to reinvent itself for a more varied clientele.
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Summer Fridays

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

28/06/2013

It’s summer! And that means on Fridays, everyone should be sneaking out of work a little bit early to go on a weekend jaunt or grab a drink on a sunny rooftop. The fashion industry, which works very hard, also knows a thing or two about how to cut loose. In our weekly Summer Friday column, we catch up with industry insiders to find out what they do, where they go, and what they bring with them when they escape the daily grind.
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New U.S rules bans sale of junk food in schools

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

27/06/2013

Pop and cupcakes and chips – they’re on their way out of school cafeterias and vending machines.A new federal “Smart Snacks” rule announced today will push out of any schools that receive federal funds for meals those high-sugar, high-fat and nutritionally shallow snacks beginning with the 2014-2015 school year.Officials had worried that they were competing for the more nutritional offerings in the school lunch line.
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Consumer spending, jobs data point to lukewarm growth

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

27/06/2013

Consumer spending rebounded in May and new applications for unemployment benefits fell last week, suggesting the economy remained on a moderate growth path.While other data on Thursday showed contracts to buy previously owned homes approached a 6-1/2 year high in May, the data taken together suggested economic activity would probably remain lukewarm and discourage the Federal Reserve from scaling back its monetary stimulus anytime soon.
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Rising U.S. college costs get scant attention in loan rate debate

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

27/06/2013

While Congress squabbles about how to prevent student loan interest rates from doubling, economists say the rate issue does nothing to fix the core problem for American students: the high cost of college and the heavy debt burden it creates.

Interest rates on millions of new federal student loans will double to 6.8 percent next year, unless Congress acts by July 1.
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Do no harm: Protecting retirees in shaky pension plans

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

27/06/2013

We’ve all heard the physician’s Hippocratic oath: “First, do no harm.” But there’s a similar, less-well-known principle in the world of pensions: First, do no harm to retirees.When pension programs are changed, it’s almost unheard of to cut benefits for retirees in their seventies, eighties or beyond, who would have trouble adjusting to abrupt reductions in income.
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Lure, variety of designer drugs is alarming

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

26/06/2013

A sharp rise in the variety of legal “designer drugs” with names that entice young people into thinking they pose no risk is alarming from a public health standpoint, the United Nations drugs agency said on Wednesday.The number of new psychoactive substances – marketed as “designer drugs” and “legal highs” – as reported by member states jumped by more than 50 percent in less than three years to 251 by mid-2012, the U.N. Office on Drugs and Crime said.
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Gay marriage gets boost in two Supreme Court rulings

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

26/06/2013

The U.S. Supreme Court delivered a landmark victory for gay rights on Wednesday by forcing the federal government to recognize same-sex marriages in states where it is legal and paving the way for it in California, the most populous state.As expected, however, the court fell short of a broader ruling endorsing a fundamental right for gay people to marry, meaning that there will be no impact in the more than 30 states that do not recognize gay marriage.
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www.diafthora.com,our site soon:to Fight against Corruption in Greece-E.U

Ever since antiquity, corruption has been one of the most widespread and insidious of social evils. When it involves public officials and elected representatives, it is inimical to the administration of public affairs. Since the end of the 19th century, it has also been seen as a major threat in the private sphere, undermining the trust and confidence which are necessary for the maintenance and development of sustainable economic and social relations. It is estimated that hundreds of billions of Euros are paid in bribes every year.

Pentagon’s ‘lost’ trillions went to people connected to US military-industrial complex

Former Republican congressman and presidential candidate Ron Paul has said that “the Pentagon’s lost trillions have nothing to do with defense, adding that the “money propping up the high lifestyles of those connected to the military-industrial complex.” Dr. Paul, a three-time American presidential candidate and the founder of the Ron Paul Institute for Peace and Prosperity, made the remarks in an article published by his website on Monday. Deputy US Secretary of Defense Patrick Shanahan has recently acknowledged that the Pentagon has failed its first-ever comprehensive audit, saying, “We failed the audit, but we never expected to pass it.” “It was an audit on a $2.7 trillion dollar organization, so the fact that we did the audit is substantial,” Shanahan claimed. The first-ever audit of the of the $2.7 trillion enterprise that is the Pentagon identified widespread problems in cybersecurity, but found little in the way of savings that could offset potential budget cuts next year, according to officials. Pentagon’s comptroller David Norquist, who has played a key role in the audit, said after the report release that although no glaring instances of fraud were detected in the US military establishment, its Army, Navy, Air Force, Marines, Special Operations and the Transportation Command all received failing grades.

“The Outlook For The Global Economy Has Deteriorated”: Oil, Copper And Lumber

Oil, copper and lumber are all telling us the exact same thing, and it isn’t good news for the global economy. When economic activity is booming, demand for commodities such as oil, copper and lumber goes up and that generally causes prices to rise. But when economic activity is slowing down, demand for such commodities falls and that generally causes prices to decline. In recent weeks, we have witnessed a decline in commodity prices unlike anything that we have witnessed in years, and many are concerned that this is a very clear indication that hard times are ahead for the global economy. Let’s talk about oil first. The price of oil peaked in early October, but since that time it has fallen more than 25 percent, and the IEA is warning of “relatively weak” demand out of Asia and Europe…

Amazon Rolling Out ‘Amazon Pay’ Digital Wallet In Physical Stores

As FAANG stocks lead the market lower during what has become a relentless Q4 selloff, Amazon is hoping to reassure anxious investors that the company's relentless expansion and revenue growth will continue. To wit, the company is taking another big step toward establishing itself as the American WeChat or Alipay as it seeks to become the dominant player in electronic consumer payments in the US and beyond. According to the Wall Street Journal, the e-commerce giant is hoping to undercut Apple's Apple Pay by persuading more brick-and-mortar merchants to accept its Amazon Pay digital wallet. As it tries to build a foothold in payments outside of its Amazon Go stores, the company is reportedly focusing on building partnerships with restaurants and gas stations (businesses that have yet to be scalped by the Bezos revenue-absorption machine). To entice owners to give Amazon Pay a try, the company is dangling what appears to be a pretty enticing carrot: Amazon is promising to lower processing costs at a time when so-called "interchange" fees charged by Visa and MasterCard have been rising.

YouTube Lets California Fire Conspiracy Theories Run Wild

The Camp Fire in California has killed at least 79 people, left 699 people unaccounted for, and created more than a thousand migrants in Butte County, California. In these circumstances, reliable information can literally be a matter of life death. But on YouTube, conspiracy theories are thriving. Currently, when a user starts typing “California fire” into YouTube, the top autocomplete search suggestions are “conspiracy 2018,” “agenda 21,” and “laser beam,” all of which refer to conspiracy theories related to California’s wildfires. Similarly, typing in “California wildfire” leads YouTube to suggest “lasers,” “directed energy weapon,” and “dew,” which is an acronym for “directed energy weapon.” Simply typing “California fire” and searching it does return straightforward news coverage, which is an improvement over, say, the false flag and crisis actor conspiracies YouTube was surfacing about the Marjorie Stoneman Douglas High School mass shooting earlier this year. Believers of this false California wildfire conspiracy theory think that the US government shoots directed energy weapons, or lasers, from a plane in order to to start fires at predetermined targets. The goal of this attack, which is not actually happening, is to support a bastardized interpretation of “Agenda 21,” a sustainable development plan developed by the United Nations in 1992. This conspiracy theory also gained a little bit of traction on Twitter. The conspiracy theorists use doctored or out-of-context images in order to falsely argue that directed energy weapons, or laser beams, caused the wildfires in California—not climate change. By incorrectly claiming that the houses were consciously struck, these theorists ignore ecological science which explains that the arrangement of homes and topography of the land