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Google is developing plans to build its own wireless network in emerging markets, Amir Efrati at The Wall Street Journal reports.
Google has developed its own wireless technology, which it hopes to deploy with local companies in Southeast Asia, and sub-Saharan Africa. Efrati says Google plans to provide wireless access to a billion people who are currently without Internet. Google wants to use airwaves previously reserved for TV companies for its network. It’s [...] Jim Rickerts View. Stock market returns are high because of buy-backs. The shares are retired, the company does not have to pay out dividends and the yield goes up. And more in this Keyser report with guest Jim Rickerts.
Liquidity Trap. A liquidity trap is a situation described in Keynesian economics in which injections of cash into [...] BREAKING: People and vehicles are in the water after the I-5 Bridge over Skagit River in WA state has collapsed http://sbynews.blogspot.com/2013/05/breaking-news-bridge-collapse-in.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:%20SalisburyNews%20(Salisbury%20News) 2 hrs or so north of Seattle, over the Skagit River. Tweets coming in– http://inagist.com/all/337753847952986113/ SKAGIT COUNTY, Wash. – — Both north and southbound lanes of Interstate 5 Skagit River Bridge collapsed Thursday evening, said officials with the Washington State Patrol. The collapse happened between south of Burlington and north of Mount Vernon. According to the State Patrol, people and [...] The Obama administration has officially killed more American citizens by drones than the number of foreign terrorists waterboarded under the Bush administration. On Wednesday, Attorney General Eric Holder disclosed previously classified information in a letter to a top senator stating that four American citizens have been killed in counter-terrorism drone strikes since 2009. This is the first such acknowledgment by the Obama administration. In the letter, Holder did not specifically call them drone [...] American households are under stress again, according to the latest consumer distress index by CredAbility.
“Despite the growth in jobs and an improved housing market, our index shows that the average U.S. household has seen little improvement in the past year and took a step back in 2013’s first quarter,” according to Phil Baldwin, CEO of CredAbility. Baldwin is referring to the rise in payroll taxes at the start of the year, which [...] A US Airways flight with 34 people aboard was forced to make a dramatic belly landing at Newark International Airport last night. Terrified passengers managed to escape the plane unharmed after the plane’s pilot – named by witnesses as Edward Powers – performed a heroic emergency landing. Video footage of the turboprop twin-engine plane coming down on the runway showed a dramatic shower of sparks flying from its underbelly as it scraped [...] Gun ranges are being forced to implement rationing policies in order to keep enough ammunition to meet some customer demand due to a prolonged ammunition shortage the likes of which many industry employees say they have never seen. Blue Ridge Arsenal Inc. in Chantilly, Va. is one such range. For the last few months, they have limited customers to one ammunition box per shooting lane, no matter the number of people shooting [...] (CNSNews.com) – The outstanding balance for all of the direct student loans the federal government has issued topped $600 billion in April, according to newly released data from the U.S. Treasury. The total balance hit $600.457 billion by the end of April, says the Treasury, up from $592.142 billion at the end of March. The Federal Direct Student Loan Program already has built-in debt forgiveness plans for people who end up earning [...] So we’ve got an Atomic Safety and Licensing Board who unanimously agreed with Friends of The Earth that [plant operator Southern California] Edison was going to do an experiment on the people of Southern California, and before they’re allowed to do that experiment, they have to seek a public license. http://enenews.com/gundersen-breaking-news-officials-nuclear-plant-going-experiment-people-southern-california-words-experiment-audio
The American Civil Liberties Union is warning the US public against being bogged down in too much debt. The group has revealed figures showing a rising number of people who fail to pay their debts and fines end up behind bars without a court verdict. The practice is being criticized as unconstitutional, but it’s alive and kicking in the State of Ohio, as RT’s Marina Portnaya explains. From Casey Research: What most Americans don’t realize is that dependence on foreign oil isn’t the main obstacle to U.S. energy autonomy. If you think America’s energy supply issues begin and end with the Middle East, think again. One of the most critical sources of foreign energy is due to dry up this year, and the results could mean spiking electricity prices across the country. In 2011, the U.S. used 4,128 billion [...] Full Story - http://b4in.info/t4vw While successfully dodging questions about the 3 scandals the White House is caught up with spokesman Jay Carney admits the Obama administration knew about the IRS targeting activists but did nothing about it. Carney: W.H. ‘People Were Aware’ of IRS Targeting Conservatives, But Didn’t Do Anything About It “I’m sure people were aware of and knew some of the stories that had been reported about the complaints, but we were [...] Samsung claims breakthrough in 5G mobile broadband: Download films in a second with 100 times faster smartphones South Korean giant aims to commercialise technology within seven years It’s one faster, isn’t it? With most people still waiting to upgrade to a phone or contract package that will allow them to skim the internet using 4G, it is with a weary shrug to the inevitability of progress that we acknowledge the news from [...] Nine people were injured on Sunday during clashes with police at a protest against a controversial Canadian gold mining project in northern Greece, the Athens News Agency reported. Eight riot police officers and one female activist were wounded during the protest at the site of Hellenic Gold, in the popular tourist region of Halkidiki, according to the state-run agency. Four of the officers were injured after being shot at. Three people were detained [...] FOXX: Working Families Flexibility Act Empowers Americans, Respects Work/Life Balance http://foxx.house.gov/index.cfm?sectionid=55&itemid=1877 Overtime pay vs. comp time: Will House bill benefit workers or their bosses? ““It’s the employer that gets to decide when and under what circumstances you can take this comp time,” she said. She also expressed concern that employers could pressure employees into taking comp time rather than pay. These employers could then also decide who to give overtime hours on the basis [...] “People are perceiving the drop in price as a gigantic buying opportunity. It’s on sale at a lower price.” The dollar is going to dramatically lose value. Barisheff predicts, “What’s different than the other 65 hyperinflations is, this time, we are going to have global hyperinflation.” http://usawatchdog.com/global-hyperin… Nick Barisheff, President and CEO of Bullion Management Group, says nothing has changed to justify gold’s dramatic price drop. Barisheff says, “When I listened to the debt [...] British scientists plan to harness the power of the internet to catch outbreaks of killer infections before they spread. The researchers will use online surveillance to monitor millions of web searches where people have looked up symptoms related to conditions such as HIV, MRSA or dangerous strains of flu. http://www.independent.co.uk/news/science/web-searches-for-symptoms-of-hiv-mrsa-and-flu-strains-will-be-monitored-to-spot-outbreaks-of-infections-8613064.html NEW ORLEANS — NOPD Superintendent Ronal Serpas says that at least 12 people were shot a Mother’s Day second-line parade in the 7th Ward. The youngest victim in the shooting was 10 years old. Another, thirteenth victim wasn’t actually shot, but was injured in a fall. http://www.wwltv.com/news/crime/Several-shot-in-7th-Ward-207120471.html New Orleans Police Department Live Audio Feed http://www.broadcastify.com/listen/feed/3877/web Mother’s Day second-line shooting on Frenchmen Street leaves about 12 injured A Mother’s Day second-line shooting on Frenchmen Street about 2 p.m. [...] NEW YORK (CBSNewYork) – One Greenwich Village bakery is leaving a bad taste in the mayor’s mouth. The House of Cupcakes recently revealed its Mayor Bloomberg cupcake — a gut-busting confection with a frowning Bloomberg on top. “Its got over 12 pounds of sugar, five pounds of butter, four pounds of flour, six cups of cocoa powder, 24 eggs, two cups of milk,” owner and cupcake creator Ron Bzdewk told WCBS 880?s Marla Diamond. The [...] A sinkhole measuring nearly 85 meters wide and 15 meters deep engulfed three houses in a town outside Russia’s fifth-largest city Nizhny Novgorod as some residents of the small village were slumbering. One of the houses in the town of Buturlino was completely demolshed. Residents managed to escape the building a few minutes before it literally collapsed like a house of cards on Wednesday night. “I just barely left the house as [...] The Rehabilitation of Bush/Cheney [War Criminals] Larry Wilkerson, former Chief of Staff to Colin Powell UNDER BUSH: President Obama protected Bush/Cheney from criminal prosecution to protect himself: Wilkerson asks, “Our convictions? We tortured people. We committed war crimes.“ I have had a problem with the way society is portrayed since a young age. Being from a family that adopted myself and three other siblings, I have always felt lucky, grateful and believed there were people doing amazing things all the time. I still and always will believe this because I have seen it with my own eyes and lived it in my own life. There are so many countless [...] Between 1993 and 2011, nonfatal gun crimes plummeted 69%; from 1.5 million to 467,300. Gun-related murders dropped 40%; from 18,253 to 11,101. Gun-related murders for black Americans plummeted by 51%. http://www.breitbart.com/Big-Journalism/2013/05/07/Justice-Dept-Report-Destroys-Medias-Gun-Control-Narrative Xinhuanet Military and police officials on Tuesday confirmed that at least 55 people were killed when suspected Boko Haram sect attacked security formations in the Nigeria troubled northeast Borno State. Spokesman of the military led Joint Task Force (JTF) in Borno, Lt- Colonel Sagir Musa said that the gunmen attacked Bama, a commercial town about 187 kilometers away from Maiduguri, the epicenter of the insurgency in the early hours of [...] by Be Informed, SHTFPlan: As of today it is estimated that ONLY 1% of the population actually goes to much of any effort to prepare and store up enough of what they need to survive a true calamity. This means a huge majority of the population fails, yes fails, to have much of anything if and WHEN what they need each day to live evaporates quickly. Most people have no clue what [...] Rush Limbaugh people are saying it’s not El Rushbo’s fault that ad sales have fallen at his flagship WABC — and he made it clear this weekend if the network’s boss keeps declaring it is, he just may pack up his megadittoes and leave. In New York, that would very likely take him to WOR, which would create the biggest shakeup in city talk radio since WOR scooped up Bob Grant after [...] |
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The Oldest Of America’s Senior Labor Force Is Growing The Fastest
In my periodic update on demographic trends in employment, I included a chart illustrating the growth (or shrinkage) in six age cohorts since the turn of the century. In this commentary we’ll zoom in on the age 50 and older Labor Force Participation Rate (LFPR).
But first, let’s review the big picture. The overall LFPR is a simple computation: You take the Civilian Labor Force (people age 16 and over employed or [...]