Archive
Times Square Bomber Popped a Bubble
Bubbles are built on illusions. We believed that our high-tech companies and, after that, our houses would continue to rise in value and then…pop! We believed that we could continue offshore oil drilling without environmental consequences and then…pop! And we believed that the drone program in Pakistan, which expanded in 2009 and has killed hundreds of civilians, would not generate any blowback and then…Faisal Shahzad.
Monsanto
Fragrances Can Really Stink
A loophole left by the 1973 Fair Packaging and Labeling Act means the FDA doesn’t require manufacturers to list all the ingredients in “fragrances” as is required for other cosmetics.
Angry about Arizona
Banks Put on Notice
The Senate has passed an amendment to the Wall Street reform bill to prevent lenders from earning money by deliberately steering homeowners to risky loans and mortgages they can’t afford.
American Power Act
In introducing the “American Power Act,” one would think that Senators John Kerry (D-MA) and Joseph Lieberman (I-CT) would be mindful of the various public relations disasters the industries favored in their bill had suffered in recent weeks.
Baseball Boycott
Sen. Robert Menendez (D-NJ), the nation’s only Latino senator, is calling on the Major League Baseball Players Association to boycott baseball’s 2011 all-star game in Phoenix.
CEOs Tip the Pay Scale
The CEO of TJ Max more than doubled his compensation to $14.8 million.
Europe’s Sick of U.S. Nukes
Europe wants the United States to remove the nuclear weapons it stockpiled across the continent during the Cold War, the Associated Press reports.