When word spread earlier this month that an Indian IT services company planned to set up a 200-person business process outsourcing unit in an Andhra Pradesh jail , it wasn't long before the snark began flying. Are captive centers on the rebound? Imagine the low attrition rates! Inmates working for banks—what could possibly go wrong?
In a report to clients, Bank of America/Merrill Lynch said that while the incidents would affect Hon Hai's image, they are unlikely to cause a significant impact on earnings, a view echoed by UBS, which noted that Hon Hai remains a "top-notch supplier".
The latest rumor in Versailles is that Clinton might be moved to Defense. Dunno if it is true, but it would signal that Obama is serious about dumping DADT. It also might mean that we will get serious about violence against women in the military.
Otherwise it would just be the same old imperial hubris. Read more about Clinton as the next Secretary of Defense
Why is the Henrico County Economic Development Commission hosting a book event for Michael Isikoff in Fairfax County? (a two hour drive from Henrico County even in good traffic)
Henrico County Virginia presents Newsweek's and MSNBC's Mike Isikoff
Hear him answer the question on the mind of every business person:
“Obama’s Record and the Election
Outlook for 2010: How Vulnerable
Are the Democrats?”
Join Michael Isikoff for an exclusive free-of-charge breakfast/conversation.
It was a bad night for Versailles. All their candidates lost, although Blanche Lincoln could still win the run off. The signs have been there anytime since 2006, but this time it may have just gotten through.
On the other hand, just because it was a bad night for Versailles, it does not follow that it was a good night for progressives. As Susie makes clear, Sestak is no progressive. As for Halter, well I can't say that I am enthusiastic about someone who pays for state college scholarships with state sponsored gambling. Lotteries are an inherently parasitic funding device.
So Versailles is clearly down, but I am not sure that the people are ahead. Moreover the growing power of the
brown shirts tea party is another indication of our disintegrating political culture. Read more about My take on yesterday's primaries
May 18 (Bloomberg) -- A telephone call between a financial adviser in Beverly Hills and a trader in New York was all it took to fleece taxpayers on a water-and-sewer financing deal in West Virginia. The secret conversation was part of a conspiracy stretching across the U.S. by Wall Street banks in the $2.8 trillion municipal bond market.
"Contrary to popular belief, the sky is absolutely not falling for Social Security," said Sen. Herb Kohl, D-Wis., chairman of the Senate Special Committee on Aging, in a statement today. "Social Security has never been responsible for one penny of the federal deficit." A report released today by the committee describing various options for reforming Social Security was sent to members of Obama's National Commission on Fiscal Responsibility and Reform.
Once again Fox news is inciting hatred at a specific person. Why do we tolerate radio Radio Rwanda? [no-glossary]The 1934[/no-glossary] act that created the FCC specifically forbids hate speech directed against a specific person. Even if it is the cable property being used in this way, why do we permit corporations who use their cable properties in this way to also hold broadcast licenses? Read more about Why does NewsCorp have a broadcast license?
As my screen name suggests, I don't live in Pennsylvania, and would not presume to tell readers how to vote. But I thought I would share my view of it.
First of all, many thanks to all those volunteering for Hoeffel. Even if your candidate does not win, the structures and network you build now will serve you well in the future. That is what so many people fail to understand about long shot campaigns. Dean went down in flames, but the forces put in to play by the Dean campaign remain highly influential. Read more about Pennsylvania Democratic Primary
According to Media Bistro, Frontline is hiring.
Ask Frontline to hire Robert Parry of Consortium News.
It won't happen, but it is good to keep the pressure up and remind them what we want from reporters. Read more about David Fanning says that Frontline is hiring
May 10 (Bloomberg) -- Fannie Mae, the mortgage-finance company operating under federal conservatorship, said it will seek $8.4 billion in aid from the U.S. Treasury Department after reporting an 11th-straight quarterly loss. ...
...Even with the assistance, Fannie Mae increased foreclosures to almost 62,000 homes from about 47,000 in the prior quarter, according to the filing. The company’s foreclosure rate increased and its inventory of homes grew from $8.5 billion to $11.4 billion during the first quarter.
It is about the meeting on April 24. The posters who attended and wrote about it, please put the links in the comments and I will update this post.
Check out the quote at the beginning. Clearly Korn has been reading lambert! Read more about ZOMG, Huffington Post discovers Medicare for All
UPDATE: Corrente Wire, the boldly shrill blog that everybody hates and nobody reads. Hey Paul, would it kill you to throw us a via link? Your analysis is much more thorough than mine, but could you spare a link?
Chris Bowers is absolutely correct:
We are going to have to break up the big banks ourselves by getting people, organizations, companies and governments to move their money (check out the Move Your Money campaign). It may be a long slog, but right now it seems like the only way.
If you have not already done so, do a search on your zip code and see what you find. You might also consider emailing the Move Your Money link to your city council or county board. The beauty of this campaign is that Bankster lobbyists are powerless to stop if. If you take your money they don't have it, it is as simple as that. Read more about How to break up the big banks