In a surprising news for many, Apple Inc. now has more cash on hand than the entire US federal government, analysts say. As of Wednesday, July 27, the balance sheet for the US Treasury dipped down to $73.768 billion. That compares to the $76.156 billion Apple has in its deep coffers — a difference of [...]
Archives: July 2011
July 30, 2011
July 30, 2011
The Black Swans of Politics: (I am proud to be one of those Black Swans…)
From the LewRockwell Blog: I remember once arguing with an honest young atheist, who was very much shocked at my disputing some of the assumptions which were absolute sanctities to him (such as the quite unproved proposition of the independence of matter and the quite improbable proposition of its power to originate mind), and he [...]
July 25, 2011
At least 14 people have been killed and 53 others wounded this weekend after a string of deadly shootings over just three days in the U.S.
At least 14 people have been killed and 53 others wounded this weekend after a string of deadly shootings over just three days in the U.S. The worrying spike in gun violence started on Friday night just hours after a crazed gunman went on the rampage in Norway, killing at least 93 people. In the [...]
July 20, 2011
Ron Paul on Debt Issues…
The debt ceiling debate is providing plenty of opportunity for political theater in Washington. Proponents of raising the debt ceiling are throwing around the usual scare tactics and misinformation in order to intimidate opponents into accepting more debt and taxes. It is important to distinguish the truth from the propaganda. First of all, politicians need [...]
July 19, 2011
Anonymous hackers start their own social network
What do you do when the cool kids at Google won’t let you hang out in their tree house? Why, you build one of your own, of course. That’s the approach that members of Anonymous are taking after several affiliated accounts belonging to members of the hacktivist collective were barred from using Google Plus, the [...]
July 19, 2011
Apple wins smartphone patent case
Apple Inc. has emerged as the victor in an International Trade Commission suit against smart phone makers HTC in which the iPhone manufacturers alleged that their competitors infringed on a handful of patents. Despite the ruling, however, HTC intends on appealing the decision. How do you like them apples? The preliminary ruling was handed out [...]
July 19, 2011
Business Groups: New NLRB Rules Favor Unions Over Employers
Business groups allege that new rules the National Labor Relations Board is proposing to streamline union elections would stack the deck against employers. Unions, however, say the rules are long overdue in a system that now tilts toward employers, The Washington Post reported. The two opposing view were aired in a hearing on the rule, [...]
July 19, 2011
McCain Proposes Cyber Security Law Committee
Sen. John McCain, R-Ariz., has proposed the creation of a temporary Select Committee on Cybersecurity and Electronic Intelligence Leaks to propose legislation to deal with hacking. McCain believes a separate committee is needed because too many committees now have jurisdiction, The Washington Post reported. Sen. John McCain (AP photo) McCain wrote to Senate leaders that [...]
July 19, 2011
Saying bye to US great power role…
The US Secretary of State Hillary Clinton is proceeding on her 11-day foreign tour. The geography of the tour is amazing and meant to demonstrate the firm US grip on international politics. From Turkey and Greece to Bali and Hong Kong with stops in-between. But, in fact, if the tour demonstrates anything ше is only [...]
July 18, 2011
Breast-feeding doll shocks Americans
Here’s a toy you can buy for your kids that really sucks. Move over, Malibu Barbie! There is a new children’s doll on toy store shelves, and The Breast Milk Baby is swallowing up the competition. After a successful run overseas, Spain-based Berjuan Toys is bringing their Breast Milk Baby to the United States. The [...]
July 18, 2011
Woman turns the tables on TSA
A Colorado woman reportedly fed up with airport TSA screenings went tit for tat with a Transportation Security Administration official last week in Phoenix, Arizona. Yukari Mihamae, 61, was trying to fly out of Phoenix Sky Harbor airport on Thursday and apparently was sick and tired of TSA pat-downs. “I go through [security] every week, [...]
July 18, 2011
Experts: US Economic System Near ‘Collapse’
Pessimism over the United States’ economic outlook ruled as speakers last week took the stage at the annual FreedomFest in Las Vegas, reports HumanEvents.com. With the Aug. 2 deadline looming for a decision on the federal debt ceiling, speakers painted a grim picture of things to come. Peter Schiff of Euro Pacific Capital (AP photo) [...]
July 18, 2011
Father of New York Bomb-Plotter Hid Evidence, U.S. Says
An Afghan living in Colorado hid evidence in the case of his son, who pleaded guilty to plotting to bomb New York City’s subways, lawyers for the U.S. said in opening arguments of a trial in Brooklyn Federal Court. Lawyers for Mohammed Wali Zazi, 55, said he didn’t know of his son’s plans, and miscommunications, [...]
July 17, 2011
Whither Astronauts? Corps Shrinks as Shuttles Stop
CAPE CANAVERAL, Fla. (AP) — NASA’s mighty astronaut corps has become a shadow of what it once was. And it’s only going to get smaller. It’s down to 60 from an all-time high of 149 just a decade ago, with more departures coming once Atlantis returns this week from the very last space shuttle voyage. [...]