[email_link] As Greece erupts, Italy is moving into the eye of the storm. Its economy is contracting at speeds not seen since the depths of the slump in 2009 as draconian austerity bites, greatly increasing the risk of social revolt and a banking crisis. With the world’s third largest debt after the US and Japan…
[email_link] The NBC Investigative Unit has raised questions about two grants totaling nearly $1.5 million dollars distributed to the University of California San Francisco. The money was part of the federal stimulus program and went to studies into the erectile dysfunction of overweight middle aged men and the accurate reporting of someone’s sexual history. Continued…
[email_link] Hundreds of millions of dollars meant to provide a little relief to the nation’s struggling homeowners is being diverted to plug state budget gaps. In a budget proposed this week, California joined more than a dozen states that want to help close gaping shortfalls using money paid by the nation’s biggest banks and earmarked…
[email_link] 1. McDonald’s’ daily customer traffic (62 million) is more than the population of Great Britain. 2. McDonald’s sells more than 75 hamburgers every second. 3. McDonald’s feeds 68 million people per day, that’s about 1 percent of the world’s population. 4. McDonald’s’ $27 billion in revenue makes it the 90th-largest economy in the world….
[email_link] THIS IS WHAT HAPPENS WHEN GOVERNMENT IS BIGGER THAN THE PEOPLE…BUT BLAME THE PEOPLE. THEY KEEP VOTING IN THE SAME MISCREANTS! Gov. Jerry Brown announced on Saturday that the state’s deficit has ballooned to $16 billion, a huge increase over his $9.2-billion estimate in January. The bigger deficit is a significant setback for California,…
[email_link] Global investors give Federal Reserve Chairman Ben S. Bernanke his highest approval rating since 2009 and expect him to take further action this year to accelerate a revival in the U.S. economy and financial markets. Bernanke, whom Republican presidential candidate Mitt Romney said he wouldn’t reappoint for running too lax a monetary policy, receives a favorable assessment from…
[email_link] Business executives have named California the absolutely worst state for business for the 8th year in a row, says Chief Executive magazine. The publication surveyed 650 chief executives about states based on such factors as business taxation and regulation, workforce quality and living environment. CEOs gave the Golden State four out of five stars…
[email_link] Here we go. The same media that stuck their head’s in the sand back in 08 on Obama now reporting on Romney from 1965. Just amazing. Watchdogs for some…lapdogs for others. Just a shame to watch. Next up…Romney caused the Chicago fire, the titanic sinking and the bubonic plague. Oops…that was George Bush! READ THIS:…
[email_link] (CBS) –Garrett McNamara now has the Guinness World Record for the largest wave ever surfed after riding a 78-footer in November off the coast of Nazare, Portugal. Mike Parson had the previous mark, riding a 77-footer off the Southern California coast in 2008. The ruling became official on Friday by a panel of experts for the…
[email_link] Here’s a curious fact about the French economy: The country has 2.4 times as many companies with 49 employees as with 50. What difference does one employee make? Plenty, according to the French labor code. Once a company has at least 50 employees inside France, management must create three worker councils, introduce profit sharing, and submit restructuring…
