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Gardening company faces $12.5 million penalty for adding poison to bird food

Sick, the one thing that this article does not mention is how much damage it has already done.

The US law and garden products company, Scotts Miracle Gro, the world’s largest marketer of residential pesticides, is facing $12.5 million in fines for violating numerous federal pesticide laws and for adding illegal toxins to wild bird food.

The company pleaded guilty to distributing pesticides with misleading and unapproved labels, distributing unregistered pesticides and […]

David Einhorn Singlehandedly Crushed A Stock Today By Asking This Question

Herbalife, a marketer of fitness and nutrition products, was a little more than 36 minutes into its conference call when the operator turned the call’s second question over to David Einhorn of Greenlight Capital.

 

Seconds later the stock would collapse nearly 20 percent, erasing about $2 billion in market cap.

Einhorn is famous for calling the fall of Lehman Brothers and for raising questions of fraud at Green Mountain Coffee Roasters late last year.

Einhorn asked three main questions to […]

Facebook is just a waste of time

by Jill Krasny

I’m quitting Facebook because it makes me feel like a loser.

 

I don’t mean reading posts about babies taking first steps and people flaunting their engagement ring makes me feel bad.

I mean that the simple act of logging in, scrolling the news feed and posting about something mundane I did isn’t worth my time.

I’m about to turn thirty, and as such, I’m looking at every decision in my life.

And after weighing the costs and benefits of […]

Adam Smith critiques the Deficit Reduction Commission

By Michael Hudson

What would Adam Smith have said about the Bowles-Simpson economic report last week?

What a pity the great free marketer was not around to serve on the Deficit Reduction Commission. He not only would have rolled over in his grave, he would have risen up wielding an ax to the fiscal proposals that are diametrically opposite to the fiscal principles that he and his original […]