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Category Archives: Aimlow
Op-Ed Contributor – How to End the Great Recession – NYTimes.com
THIS promises to be the worst Labor Day in the memory of most Americans. Organized labor is down to about 7 percent of the private work force. Members of non-organized labor — most of the rest of us — are unemployed, underemployed or underwater. The Labor Department reported on Friday that just 67,000 new private-sector [...]
Also posted in Business, Collapse, Politics, economy
Tagged Der Spiegel, Labor Day, Mergers, peak oil, Robert Reich
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Police kill gunman who held 3 at Discovery Channel
A man who railed against the Discovery Channel’s environmental programming for years burst into the company’s headquarters with at least one explosive device strapped to his body Wednesday and took three people hostage at gunpoint before police shot him to death, officials said.
The hostages — two Discovery Communications employees and a security guard — were [...]
Also posted in Collapse, Entertainment
Tagged Deadliest catch, Discovery Channel, James Lee, Shark Week, Ted Kaczynski
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Heavy Drinkers Outlive Nondrinkers, Study Finds – TIME
One of the most contentious issues in the vast literature about alcohol consumption has been the consistent finding that those who don’t drink actually tend to die sooner than those who do. The standard Alcoholics Anonymous explanation for this finding is that many of those who show up as abstainers in such research are actually [...]
FT.com / US / Society – Luxury booms while bargain retail suffers
Personal spending in the US is diverging into two distinct categories as strong growth at high-end stores contrasts with continuing difficulties for mass-market, low-price retailers.
Nearly a year after the US economy returned to growth, corporate earnings reports in recent months have provided consistent evidence of the differing fortunes. At high-end stores such as Neiman Marcus [...]
Also posted in Business, Collapse, Politics, economy
Tagged Gelnn Beck, Great Recession, Recovery, The Poor
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Paris Hilton Arrested on Drug Charge – NYTimes.com
LAS VEGAS AP — Police arrested Paris Hilton on cocaine possession charges late Friday night after stopping the car she was in on a Las Vegas street, authorities said.
The socialite was booked into the Clark County Detention Center on the cocaine charge, Las Vegas police spokesman Marcus Martin said.
Police said she was released later on [...]
Former RNC Chairman Ken Mehlman Comes Out: I’m Gay
Ken Mehlman, who headed the Republican National Committee between 2005 and 2007, has come out in an interview with the Atlantic’s Marc Ambinder:
Mehlman arrived at this conclusion about his identity fairly recently, he said in an interview. He agreed to answer a reporter’s questions, he said, because, now in private life, he wants to [...]
Op-Ed Columnist – This Is Not a Recovery – NYTimes.com
What will Ben Bernanke, the Fed chairman, say in his big speech Friday in Jackson Hole, Wyo.? Will he hint at new steps to boost the economy? Stay tuned.
But we can safely predict what he and other officials will say about where we are right now: that the economy is continuing to recover, albeit more [...]
Also posted in Business, Collapse, economy
Tagged Bernake, Brotherhood of Darkness, depression, Yellowstone Park
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The billionaire Koch brothers : The New Yorker
The Kochs are longtime libertarians who believe in drastically lower personal and corporate taxes, minimal social services for the needy, and much less oversight of industry—especially environmental regulation. These views dovetail with the brothers’ corporate interests. In a study released this spring, the University of Massachusetts at Amherst’s Political Economy Research Institute named Koch Industries [...]
Also posted in Business, Collapse, economy
Tagged Brotherhood of Darkness, Koch Industries, Tea Party
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Home Sales at Lowest Level in More Than a Decade – NYTimes.com
Housing sales in July plunged to their lowest level in more than a decade, exceeding even the grimmest forecasts.
The National Association of Realtors said Tuesday that the seasonally adjusted annual sales rate of 3.83 million was 25.5 percent below the level of July a year ago.
July was the first month that buyers could not qualify [...]
Also posted in Business, Collapse, economy, unemployment
Tagged Great Recession, Housing Market, unemployment, Unexpected
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Roger Clemens Is Indicted on Perjury Charges – NYTimes.com
A federal grand jury has indicted Roger Clemens on charges of making false statements to Congress about his use of performance-enhancing drugs.
The 19-page indictment charges Clemens with three counts of making false statements and two counts of perjury in connection with his February 2008 testimony before the House Committee on Oversight and Government Reform. [...]
Also posted in Business, Collapse, Entertainment, economy
Tagged House Committee on Oversight and Government Reform, perjury, Roger Clemens
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Knowing cultural view of virginity, Chinese women try surgical restoration
China has long been known as the land of fakes — Rolexes, DVDs, handbags and designer clothes.
A growing number of Chinese women — mostly in their 20s and about to get married — are opting for a surgical procedure called “hymen restoration,” which returns the hymen to its condition before it was ruptured, which typically [...]
Also posted in Business, Collapse, economy
Tagged Fake Hymens, Fake Vigins, hymenoplasty, revirgination
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J.D. Salinger’s toilet is latest strange item available on eBay | McClatchy
It’s almost as if “The Catcher in the Rye” author J.D. Salinger saw this moment coming in 1953 when he retreated in growing distress about his own fame to small-town New Hampshire and became a notorious recluse. Salinger’s toilet, the ultimate symbol of privacy for a man notorious for defending his, is being auctioned on [...]
Accused ‘Craigslist Killer’ Philip Markoff commits suicide in Boston jail – Local News Updates – MetroDesk – The Boston Globe
Accused “Craigslist Killer” Philip Markoff was found dead at Nashua Street Jail yesterday morning, a plastic bag tied over his head, in an apparent suicide, a law enforcement official briefed on the investigation said today.
Another law-enforcement official said he had been found with a cut artery.
Markoff, 24, was alone in his cell when jail officials [...]
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Tagged Craigslist Killer, Phillip Markoff, Suicide
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Jobless millions signal death of the American dream for many | World news | The Observer
Richard Gaines is one of the best-known faces on Camden's Haddon Avenue. It is a rough-and-tumble street, lined with cheap businesses and boarded-up houses, and is prey to drug gangs. Gaines, 50, runs a barbershop, a hair salon and a fitness business. He works hard and is committed to his community. But Haddon Avenue is [...]
Also posted in Business, Collapse, Politics, economy
Tagged American Empire, CAMDEN, Drug Dealer, Escalade, Great Recession
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Passengers Say Steve Slater, JetBlue Flight Attendant, Started the Fray – WSJ.com
A passenger on the JetBlue fight from which attendant Steven Slater disembarked Monday by activating the emergency chute and sliding down with beers in hand said Mr. Slater, apparently after being hit in the head by a passenger, was the one who instigated the confrontation that led to his now-famous exit.
Marjorie Briskin, a 53-year-old schoolteacher [...]
Noticed – In Park Slope, Sidewalk Entrepreneurs Grow Up – NYTimes.com
IT’S an indelible image of summer: lemonade and cookies on a folding table on the sidewalk, a jar crammed with dollars, passers-by smiling politely.
A 40-year-old man selling lemonade.
Whether a sign of recession, regression or both, a handful of adults in the Park Slope section of Brooklyn have gotten into the lemonade-stand business this summer. Add [...]
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Tagged Lemonade, Park Slope
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Youth Unemployment Hits Record High – CNBC
Global youth unemployment has hit a record high following the financial crisis and is likely to get worse later this year, the International Labor Organization ILO said Thursday.
The report from the ILO says 81 million out of 630 million 15-24 year olds where unemployed at the end of 2009, some 7.8 million more than at [...]
Also posted in Business, Collapse, economy, unemployment
Tagged flash mobs, Greek Riots, Inland Empire, serial killers, UN International Youth Year, unemployment
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Steven Slater’s Ex-Wife Questions Intentions of Passengers Who Called Him Rude – George Stephanopoulos’ Bottom Line
Steven Slater’s ex-wife says she finds it “difficult to believe” that the flight attendant was rude to the JetBlue passengers and questioned the motivations of those who said Slater started the altercation before exiting the plane via the emergency chute.
“I would be curious of their intentions if they are at an opportunistic point or [...]
Housing crisis reaches full boil in East Point; 62 injured | ajc.com
Thirty thousand people turned out in East Point on Wednesday seeking applications for government-subsidized housing, and their confusion and frustration, combined with the summer heat, led to a chaotic mob scene that left 62 people injured.
At the Tri-Cities Plaza Shopping Center, emergency vehicles passed each other, transporting 20 people to hospitals. Medical and police command [...]
Also posted in Business, Collapse, economy
Tagged Great Recession, HotLanta, McMansion, Section 8, Stock Market Crash
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