Harvard University Professor

How the gov’t could quickly and easily pay for the “sequester” cuts; Two “painless” ways to cut $83 billion from the bloated federal budget

From Washington’s Blog:

Eric Zuesse notes that this year’s subsidy to Wall Street – $83 billion – exactly equals the amount of the this year’s sequester cuts.

Spiegel reports that ending the failed “war on drugs” would pay for the sequester cuts by itself:

Harvard University professor Jeffrey Miron has advocated the legalization of drugs for decades…

Miron: [P]rohibiting drugs is expensive.

SPIEGEL: How expensive?

Miron: If it legalized drugs, the United States could save $85 [...]

Google accused of racism after black names are 25% more likely to bring up adverts for criminal records checks

Professor finds ‘significant discrimination’ in ad results, with black names 25 per cent more likely to be linked to arrest record check services

She compared typically black names like ‘Ebony’ and ‘DeShawn’ with typically white ones like ‘Jill’ and ‘Geoffrey’

Google has been accused of racism after allegedly linking names usually associated with black people to adverts related to criminality.

A Harvard University professor found ‘significant discrimination’ after comparing the adverts which appear [...]

Census documenting Great Depression to be released

NEW YORK (AP) — It was a decade when tens of millions of people in the U.S. experienced mass unemployment and social upheaval as the nation clawed its way out of the Great Depression and rumblings of global war were heard from abroad.

Now, intimate details of 132 million people who lived through the 1930s will be disclosed as the U.S. government releases the 1940 census on April 2 [...]

Jonathan Burton: Nowadays, people seeking investment advice probably should be suspicious of anyone under 50

By Jonathan Burton, MarketWatch

SAN FRANCISCO — Don’t trust anyone over 30. That was a rallying cry for the counterculture 1960s. But nowadays, people seeking investment advice probably should be suspicious of anyone under 50.

A study titled “The Age of Reason” concludes that middle-aged people make fewer mistakes with finances than those who are younger or older. The research even pegged the optimal point in life for handling [...]

Gross says taxes hikes on Corporations are necessary. Take a look at the video.

Bill Gross: Economy Is At The ‘Tipping Point’ Of Recession

http://www.huffingtonpost.com/2011/0…_n_917012.html
The Huffington Post Alexander Eichler First Posted: 8/3/11 10:05 AM ET Updated: 8/3/11 10:05 AM ET

The economy hasn’t slipped into recession yet, but it may be at a “tipping point,” according to Bill Gross, co-chief investment officer of the financial services company PIMCO.

“We are at what we call a stall speed, in which corporate profits [...]

A Princeton University professor criticizing President Obama, a candidate he once supported but now calls “a black mascot of Wall Street oligarchs and a black puppet of corporate plutocrats.”

John Bazemore/AP

Cornel West, shown speaking last year in Martin Luther King Jr.’s former church, labeled President Obama ‘a black mascot’ and ‘black puppet’ during an interview.

By Matt Viser, Globe Staff

Cornel West, a Princeton University professor and leading black intellectual, is harshly criticizing President Obama, a candidate he once supported but now calls “a black mascot of Wall Street oligarchs and a black puppet of corporate [...]

STUDY: Congress members spend 27 percent of time ‘taunting’ one another

By David A. Fahrenthold, Wednesday, April 6, 9:57 AM

It may be helpful, at a time like this — when Congress is threatening to shut down the U.S. government in a dispute over a tiny fraction of the federal budget — to think of legislators like a lost forest tribe.

They have their own puzzling beliefs (in mid-afternoon, senators often announce they have shifted to “morning business”). They have their own language [...]

Must-read News – Oct. 13, 2010 – Debt Crisis Will Hit Japan Next, Then US: Historian (CNBC)

by Saxplayer00o1

1)Â Debt Crisis Will Hit Japan Next, Then US: Historian (CNBC)

“Europe’s sovereign debt crisis isn’t over and will continue to spread, first to Japan and then to the U.S., warned renowned Harvard University professor, Niall Ferguson.

“There are more of those (sovereign debt crises) to come and, ultimately, it is going to come to Japan and the United States. And those crises of sovereign debt will be [...]

Must-Know News – April 29 – “Debt Leads to Inflation, Defaults”

1)Ã‚Â Greece Turning Viral Sparks Search for EU Solutions ($794 billion?)

“April 29 (Bloomberg) — European policy makers may need to stump up as much as 600 billion euros ($794 billion) in aid or buy government bonds if they are to stamp out the regionÃ¢â‚¬â„¢s spreading fiscal crisis, said economists at JPMorgan Chase & Co. and Royal Bank of Scotland Group Plc.

With GreeceÃ¢â‚¬â„¢s budget turmoil infecting markets [...]

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