The United States of Amway

How to turn your middle class into a pyramid scheme I went to see a comic perform in Grand Rapids a few years ago and he said, “So, this is the tip of the pyramid?” And the crowd sighed out laughter, knowing exactly what he meant. Grand Rapids,…   Original post on eclectablog.com    Comments on reddit.com   

Playing Poker with Trillions: A Prison of Debt on Both Sides of the Atlantic

Be it the United States or the European Union, most Western countries are so highly indebted today that the markets have a greater say in their policies than the people. Why are democratic countries so pathetic when it comes to managing their money sustainably?   Original post on spiegel.de    Comments on reddit.com   

Stock certificates feared damaged by Sandy – The Buzz – Investment and Stock Market News

Lower Manhattan suffered severe flooding from Superstorm Sandy. Trillions of dollars worth of stock certificates and other paper securities that were stored in a vault in lower Manhattan may have suffered water damage from Superstorm Sandy. The Depository Trust & Clearing Corp.,   Original post on cnn.com    Comments on reddit.com   

Mitt Romney Blames The `Victims’

REMINDER: People on welfare didn’t cost us 15 million jobs and trillions in savings. People on Wall Street did. Mitt Romney released one doctored tax return this week but he also – accidentally – released something that no one expected: some truth….   Original post on eclectablog.com    Comments on reddit.com   

Russia reveals shiny state secret: It’s awash in diamonds

‘Trillions of carats’ lie below a 35-million-year-old, 62-mile-diameter asteroid crater in eastern Siberia known as Popigai Astroblem. The Russians have known about the site since the 1970s.   Original post on csmonitor.com    Comments on reddit.com   

The One “Issue” Paul Ryan Brings Up – Eclectablog

Republicans’ new favorite talking point is that by Mitt Romney nominating Paul Ryan to be his running mate it means that it’s more likely we’ll talk about issues. There’s only one issue Paul Ryan brings up. As someone who voted for the Iraq War, the…   Original post on eclectablog.com    Comments on reddit.com   

PolitiFact – Mitt Romney says ‘Obamacare’ adds trillions to the deficit

How is it that a law can raise taxes and cut spending, but also add trillions to the deficit? That was Mitt Romney’s claim after the U.S. Supreme Court upheld the core of the health care law on June 28, 2012. “Obamacare raises taxes on the American people by approximately $500 billion. Obamacare cuts Medicare — cuts Medicare by approximately $500 billion,” Romney said. “And even with those cuts and tax increases, Obamacare adds trillions to our deficits and to our national debt, and pushes those obligations on to coming generations.” Here, we’re fact-checking Romney’s claim that “Obamacare adds trillions…   Original post on politifact.com    Comments on reddit.com   

Exclusive: National Security Agency Whistleblower William Binney on Growing State Surveillance

In his first television interview since he resigned from the National Security Agency over its domestic surveillance program, William Binney discusses the NSA’s massive power to spy on Americans and why the FBI raided his home after he became a whistleblower. Binney was a key source for investigative journalist James Bamford’s recent exposé in Wired Magazine about how the NSA is quietly building the largest spy center in the country in Bluffdale, Utah. The Utah spy center will contain near-bottomless databases to store all forms of communication collected by the agency, including private emails, cell phone calls, Google searches and other personal data. Binney served in the NSA for over 30 years, including a time as technical director of the NSA’s World Geopolitical and Military Analysis Reporting Group. Since retiring from the NSA in 2001, he has warned that the NSA’s data-mining program has become so vast that it could   Original post on democracynow.org    Comments on reddit.com   

“A Cloud of Hundreds of Trillions of Asteroids and Comets Surrounds the Milky Way’s Black Hole” -Chandra Space Observatory

A new study suggests mysterious X-ray flares seen during periodic observations over several years and happen about once every day caught by the Chandra Space Telescope may be asteroids falling into the Milky Way’s giant black hole. If confirmed, this…   Original post on dailygalaxy.com    Comments on digg.com