The US Government’s Great Ponzi Scheme
Hyman Minsky was an economist who pioneered analysis of debt bubbles. Charles Ponzi was an Italian businessman turned con-artist in the US. Barack Obama is a 'community organiser', also turned con artist in the US. The US debt ceiling debacle is the story of what you get when all three go into the opium business together...
Our World Through Thomas Paine’s Eyes
I've just spent a harrowing weekend reflecting on Thomas Paine's Common Sense, the pamphlet that came out in January 1776 and turned the public toward seeking independence from Britain. I say harrowing because the distance between the ideals found in this pamphlet and those of today's America is so vast as to make it nearly unrecognisable.
JPMorgan May Pay Record $13 Billion Fine For Role In Subprime Mortgage Crisis
U.S. banking giant JP Morgan Chase will reportedly pay $13 billion to end federal and state investigations into mortgage-backed securities it sold before the financial crisis, marking the largest civil penalty ever levied onto a U.S. company and wiping out more than half of the bank's 2012 profits.
Will China’s Yuan Currency Be Ready for the Big Time?
If you thought Fortescue Metals Twiggy Forrest's bank account could fill up fast, check out the People's Bank of China. Data revealed this week that China's foreign exchange reserves increased $US160 billion to hit US$3.7 trillion. That's some serious money.
US Rust Belt Boom: Oil Investing for the Next 100 Years
I just spent two solid days at a conference on energy development in regional shale plays of Pennsylvania-Ohio-West Virginia, called Marcellus and Utica.
Upcoming Play Store app 4.4 to get new Navigation Interface Upcoming Play Store app 4.4 to get new Navigation Interface
Google is preparing to roll out the updates for the Play Store app. That would make it Google Play Store 4.4, and some new changes in the interface are being worked upon.
What Oreos Have to do With Cocaine?
If you ran through headlines of health news in last two days, you could have easily get the feeling that you are being drugged with cocaine while you enjoy your favorite Oreo cookies. Headlines like Oreos Have Similar Effects as Cocaine or Double stuf Oreos Not All they're stuffed up to be...everywhere you look.
Investor Warning: Don’t be a Victim in This Financial Scam
Insolvent trading is unlawful in most developed countries. If found guilty, company directors face severe legal and financial penalties.
Should Australia Have a Shortage of Natural Gas or Cash?
The Americans continue to play silly buggers over their budget. It's fantastic stuff to watch. Especially if you're a 'Deal or No Deal?' fan, unlike us. Last night's episode ended with 'No Deal!'
Pharmacy Staff Receive Life-saving Training
It is only natural that you want to achieve the highest sale price possible for your property. There are a few tried and tested ways to squeeze that little extra value from your home, they simply require a little planning.
30 Million People Worldwide Living As Slaves: Report
An estimated 30 million people worldwide are currently living as slaves, according to the inaugural Global Slavery Index published Thursday, with India said to have the largest number of enslaved people, though African countries still had the highest proportional figure based on population.
World Bank Slashes India’s Forecast For 2013, Sees Better Growth Next Year
The World Bank has cut its forecast for India's economic growth from 6.1 percent to 4.7 percent in this fiscal year, citing a sharp slowdown in manufacturing and high interest rates as the key factors driving down investment.
NSA Reportedly Collecting Email and IM Contacts Globally
The National Security Agency is gathering millions of email address books and instant messaging accounts, many of them belonging to Americans, according to the recent internal documents provided by former NSA contractor Edward Snowden who fled the U.S. and now lives in Russia.
HTC One Max: Latest Phablet Phone Revealed
Struggling Taiwanese phone manufacturer HTC has taken the phablet market by storm. The smartphone maker is entering the phablet market by launching its latest plus sized version of its award-winning HTC One handset. Looks like gigantic displays are something buyers recognize as worth of having.
Google Ads Might Feature Your Face Royalty Free
Google Inc. recently announced another privacy change that it has made to its Terms of Service. According to reports the company is gearing up to use users' names and photos to advertise its products and services. The updated terms of service will go into effect on November 11th.
China To Install GPS Trackers In Government Cars To Prevent Misuse
The Chinese government is set to install GPS tracking systems in all state-bought vehicles, reported local state media last weekend, seeking to crack down on officials who use government cars for their own private purposes.
Lowly-Paid US Fast-Food Workers Require $7 Billion a Year in Public Aid: Study
More than half of employees working at the largest fast-food chains in the U.S. are earning so little in wages that they must rely on some sort of public assistance to get by, according to a new study co-published by the University of California-Berkeley and the University of Illinois on Tuesday.
Hockey: Rising Australian House Prices Are More Affordable
What he's referring to is that the supply of Australian housing should rise as prices do. He's worried about affordability for developers, not buyers. That's fair enough...if you want to ignore the other half of the supply and demand equation.
Infographic: 21 Shocking Facts About Food Waste In The US
Infographic: 21 Shocking Facts About Food Waste In The US
Research Shows Marijuana can be Effectively Used to Treat Multiple Sclerosis
Israeli researchers have once again confirmed the healing potential of marijuana (cannabis), a natural, medicinal plant loaded with dozens of disease-fighting cannabinoids and other beneficial compounds.
After Years of Suppression, Scientists Finally Admit Copper and Silver Destroy Norovirus
The highly infectious norovirus, or stomach flu bug, causes a very common illness, affecting hundreds of millions of people who come into contact with it through contaminated food, water, surfaces or other people every year. Now, scientists have discovered that copper and its more than 300 different alloys don't just fight norovirus - copper destroys it.
Is There a Future Beyond Smartphones?
Can you imagine offices where people would sit only with their smartphones in front of them? Latest news might be showing that only future Smartphones stand a chance in rapidly changing technology world. Would future smartphones be able to substitute PC?
Would You Trust Toyota Car Enough to Drive You by Itself?
Tokyo, Toyota comes out with news on their next generation cars. Among them is a car with an auto pilot system they say.
Apple Inc., Google Inc., Facebook Inc., Amazon.com Inc. and eBay Inc. Accused of UK Tax Dodging
The Five Internet Industry Leaders, Apple Inc., Google Inc., Facebook Inc., Amazon.com Inc. and eBay Inc. are accused of UK Tax dodging.
Google Maps Receives Update With Maps Preview Option
Google has rolled out new features for its Maps and has added several other enhancements in its newer version of maps for the web users. Soon, Google will roll out new changes to Mobile devices also.
Amazon Stops Shipping International Chromecast Orders
For a little start Amazon started a short time shipping for Google Chromecast from outside US. That allowed customers from outside US to grab the Google Chromecast from Outside US.
Samsung Galaxy S4 Android 4.3 Is Getting “Final” Firmware Leak
A new unofficial Android 4.3 build ROM is leaked for Galaxy S4 and is available for download and use. We never encourage the use of such ROMs and the damage and issues during the process fall all in your responsibility.
Congolese Militia Smuggle $500 Million In Gold A Year: Report
M23 militants in eastern Congo have infiltrated several lucrative gold mines in order to bankroll their rebellion by smuggling out nearly $500 million of the precious metal a year, claimed a Washington-based human rights group on Thursday, accusing four African gold exporters for enabling the militia group, which has had a history of human rights violations.
Eleven Amazing Superfoods to Pump Up Your Health
Much has been said about superfoods in the past, and people are often confused about which ones are best to include in their daily diets. There are a lot of these foods with varying benefits to improve general health and well-being.
India Still Feeling The Gold Squeeze
It can't be a great feeling when the stock price of the company you work at rises when you announce that you're leaving. But such was the lot of the CEO and the Chairman of gold miner Newcrest this week. Australian's biggest gold producer is grabbing the broom and sweeping out the dirty closet. It's been a tough year. It might get even tougher for the gold juniors.