Links 6/18/15

AT&T faces $100 million fine for quietly throttling data speeds (update: AT&T responds) engadget. EM: “AT&T’s ‘unlimited’ data plan — the broadband equivalent of an ‘all-you-can-eat’ buffet where you get a single tea-saucer-sized plate and each trip through the buffet line takes 20 minutes.”

Biotech’s Coming Cancer Cure MIT Technology Review (David L)

Industry’s Growth Leads to Leftover Embryos, and Painful Choices New York Times (furzy mouse)

Fructose powers a vicious circle MedicalXpress (Chuck L)

60 Million People Fleeing Chaotic Lands, U.N. Says New York Times

Hong Kong vetoes China-backed electoral proposal Reuters

China responds to Donald Trump’s insults Asia Times

Cyprus peace talks: Rocky road to reunification BBC


EU confronts Greek legal puzzle Politico. Undue hope that Merkel will wave a magic wand.

Merkel says Greece deal still possible if it meets reform pledge Bloomberg

Merkel sees Greece deal if Athens ‘musters the will’ Financial Times. This account has more detail on Merkel’s emphasis on the need to preserve the Eurozone. However, she appears to have fallen short of explicit calls for creditor sacrifice, while she does clearly state that Greece must “muster this will ” to come to a deal. Michel Sapin of France gave a similar message on French radio.

Greek showdown widens Merkel’s rift with Schäuble Financial Times. The reading is that Schauble will support Merkel in the end but is undermining her behind the scenes now. Remember that when in “time is of the essence” mode, that can be much more powerful than usual.

Guest post: The Greek standoff is no Prisoner’s dilemma FT Alphaville. Another way of setting forth the Greece/creditor conflict.

Bank savings in front line as Greece hurtles toward default Associated Press

Greece says deal on debt crisis unlikely at Thursday talks BBC

Can ECB arrest pernicious effects of a Grexit? Financial Tiems

Greek banks face capital hole even if bailout agreement reached Bloomberg

Greek debt crisis: Key dates on the road to a possible Grexit Financial Times

What If Greece Just Disappeared? Bloomberg. Some useful information on the terms the debt to the EFSF; ” No European state will be unable to balance its budget because of missing Greek interest payments, which have already been deferred by 10 years and would in any case be linked to the European Financial Stability Facility’s minuscule funding costs.”

Greece declared fictional Daily Mash


The War Nerd: A Glorious Victory, For Once! Pando (Howard Beale IV)

Big Brother is Watching You Watch

Privacy Advocates Leave In Protest Over U.S. Facial Recognition Code of Conduct Slashdot (Jeff P)

Hayden Mocks Edward Snowden’s Effect on NSA Surveillance Intercept (reslic)

The Pentagon is researching how to create drones that target and kill without human oversight Business Insider (David L)

Trade Traitors

Karen Bass And Keith Ellison Just Threw A Wrench Into The Republican Trade Strategy Huffington Post

Starbucks closing La Boulange shops by September’s end US News (EM)


Majority in U.S. wants Congress to ensure Obamacare subsidies, poll finds Los Angeles Times

Economists predict shockwaves if Obamacare subsidies are nixed Reuters (furzy mouse)

Which Presidential Candidate is the Most Conservative? Wonk Wire (furzy mouse)

Canadian rocker Neil Young strikes sour note on Donald Trump’s use of song Reuters (EM)

Teen mom who attempted suicide speaks out after deportation McClatchy (Chuck L)

Judge rules California owes $331 million to homeowners Reuters (EM)

Black Injustice Tipping Point

Gunman kills 9 people at African-American church in South Carolina Reuters

What Drought? Oblivious Rich People Whine About Brown Golf Courses, Normal People Drought-Shame Them Common Dreams (furzy mouse)

California Water Cuts Leave City Days Away From Running Out Of Water CBS Sacramento (furzy mouse)

The Watchdogs of College Education Rarely Bite Wall Street Journal

SEC Chair’s Conflicts Fuel Sympathy for Wall Street, Group Says Bloomberg. Has a link in the story to a site to protest more Mary Jo White-like SEC appointments.

Fed, in Shift, Expects Slower Increase in Interest Rates New York Times

Meet the New Shadow Bank (It’s a Lot Like the Old Shadow Bank) Bloomberg (Scott), Important.

Goldman to summer interns: Don’t stay in the office overnight Reuters. EM: “‘We told them not to stay overnight’ seems like a weak-tea PR ploy, of the ‘wink wink, nudge, nudge, if you want to keep your job you’ll continue being an all-nighter drudge’ variety. How about a hard cap on weekly or monthly hours worked?”

Class Warfare

The Sweatshop Feminists Jacobin (Gabriel)

In California, Uber driver is employee, not contractor Reuters (furzy mouse). Couldn’t happen to a nicer bunch.

An Affirming Flame Archdruid (Chuck L)

Antidote du jour (@World):

Lion and cub links

And a bonus, courtesy furzy mouse, from the New York Times story, A Robotic Dog’s Mortality.

See yesterday’s Links and Antidote du Jour here.

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  1. Jim Haygood

    ‘Uber has argued for years that its drivers are independent contractors, not employees, and that it is “nothing more than a neutral technology platform.”‘

    Determining whether a person is an employee or an independent contractor is an endless headache for business owners. As the IRS states, it “depends on the facts in each case.”

    Problem is, if you legitimately believe that you’re working with independent contractors, but a retroactive determination is made that they are employees, you step on a land mine of back taxes and pension obligations that blows up in your face.

    Folks complain about jobs going overseas, but the lack of any safe harbor for businesses to work with independent contractors is an incentive not to expand in the U.S.

    1. ScottW

      Having advised companies in California about independent contractor law, there is no reason Uber should have believed its drivers were independent contractors and not employees.

      California has a presumption that your workers are employees. Uber drivers are the sole source of Uber’s revenues, not ancillary workers that perform temporary tasks. The fact Uber calls them independent contractors and has them sign independent contractor Agreements is not determinative. Actually it means almost nothing since the actual relationship is what matters. Look at the Uber advertisement for drivers. They call them “partners” with Uber. Independent contractors are not “partners” with a business. Uber drivers are not small business owners. What they do requires very little training and most do not provide their services to lots of companies.

      Having been an actual independent contractor for decades, I understand the huge costs associated with not being an employee and why Uber adopted the model. I paid both sides of social security/medicare, was not covered by workers comp. or unemployment insurance, paid all of my business expenses, made my own retirement contributions, received no sick leave/vacation, received no health insurance, had no meal or regular breaks and received no protection by way of anti-discrimination laws. Employers misclasify for one reason–to increase revenue and avoid any regulation.

      Uber is just new technology implementing the same old labor exploiting system.

      1. Ulysses

        Good comment! Uber has no excuse whatsoever to think they could get away with this blatant misclassification in California– after even the behemoth of FedEx Ground was spanked for similar shenanigans:

        Deliberate misclassification of employees as independent contactors is a huge problem in the U.S., causing nearly as much harm to workers as more basic forms of wage-theft.

      2. MyLessThanPrimeBeef

        “….most do not provide their services to lots of companies.”

        Those over in Mesopotamia or in the land of the Pazyrk burial mounds, they are not ‘private military contractors.’

        They only work for one company, or entities approved by said company.

        Do they hire themselves out to a Boyar or a Red Prince?

        Not to ‘a lot of companies.’

        They should classified as employees.

          1. MyLessThanPrimeBeef

            I was thinking along the line of corporate personhood, so that, a corporation can be an employee, like a person can be one as well.

            That way, a military corporate-contractor should reclassified as a military corporate-employee.

      3. paulmeli

        The definition of ’employee’ is so obvious there is little chance it could be misunderstood by any sentient being.

        My experience from decades of being an independent contractor in Florida are similar to yours. In Florida, the State is even contributes to this ruse wrt the construction industry, where the majority of workers are allowed (forced) to incorporate as a business in order to circumvent workers comp, unemployment, etc. requirements.

        Uber appears to have gambled that, having attained some level of power, it could subvert the definitions of employee and ‘independent contractor’ in much the same way the National Association of Realtors has managed to do for many decades.

        1. MyLessThanPrimeBeef

          I believe it would take a genius corporation to classify serfs/slaves as employees.

          ‘We no longer use slaves. They are…employees.”

          What words to use – that’s the key. It’s always been the case – either in drafting a Greek-Troika agreement or a dispute like this one.

          At the end of the day, you still need English majors.

      4. afisher

        At another site, the bravado was – just wait until all the cars don’t need drivers – that will show all the employees. I had to laugh. Now who is going to pay for all these cars? Who is going to maintain them in Uber condition? Who is going to pay the insurance.

        The disrupters seem to be ignoring reality.

        1. craazyboy

          Before I believe in self driving cars, I want to know more about how they will secure the system. The way it sounds so far is you can “hack” them with anything from a laser pointer, to a can of spray paint, to aluminum foil tossed out a car window and make them drive any direction you want. Sounds like way too much fun on a CA freeway.

            1. craazyboy

              Amazon’s big problem comes in the last 100 yards when they are out of their designated lane and need to start dropping from 200ft. They need to navigate trees, power lines, buildings, whatever and land. The autopilot won’t do that. It will take full time remote pilots flying manually looking thru a camera – not an easy task. Plus one 55 lb drone can only carry 5 lbs.This is cheaper than a delivery truck???

    2. DJG

      Jim Haygood: Baloney. The IRS has had that famous checklist in place for years. It isn’t all that difficult to figure out if you have an employee or not. Most companies go about their business in a fog of deliberate obtuseness and then complain that the IRS is harassing them. Meanwhile, they controlled most of the “independent contractor’s” business and working conditions but somehow (conveniently) don’t employ them.

      And don’t get me going on unpaid internships.

      1. frosty zoom


        i ask the kid where he works. “staples”. how much do they pay? “nothing, it’s for my (public high) school public service credit”.

        it’ll look good on his resume though.

        1. MyLessThanPrimeBeef


          We need more eternal students then who can forever work for free to earn public service credit.

          “I have been going to school full time, taking classes, continuously, since I was 6. Look at all my degrees. I use them to wallpaper over all the holes in my living room.”

    3. frosty zoom

      alas, the good ol’ days of giving someone a job. so quaint.

      it seems that “independent contractor” is one pay grade below “temporary subpart-time” in all too many cases.

      1. PhilK

        Speaking of quaint:

        How do you do, fellow kids? I’d like to talk to you about how stupid full-time employment is. In today’s economy, extremely profitable corporations will let you compete to give your services to them for pennies on the dollar. Pretty cool, am I right? I, for one, think all millennials should do it!

        Security? Benefits? Dude, those are things your grandparents wanted from work. You’re not a total lame-o, like your grandparents, are you? Don’t be lame, man. Crowdsource. Be part of a crowd. That sources. Profitability. For other people.*


        Here’s a tip for anyone who is just starting out: I recommend that you work for free for a while to prove to future employers that your work is good. A sure-fire way to convince people to pay you for your work is to produce high quality work, over and over, without being paid. That’s commitment.

        You want full-time work with benefits? What are you, 100 years old?

      2. jrs

        Actually contractors instead of full time jobs is absolutely rampant in I.T.. It was always common, but there also used to be full time work. Where have all the full time jobs gone? Yes they are basically employees but shorter term, only often not even that. Companies also do the renewing contracts thing, so contractors can be their for years as contractors, working for a company.

  2. Sam Kanu

    As per usual. the is not going to be described as “terrorism”, because white people cannot be terrorists and black people are not part of “us”. White people in black neighbourhoods will not be thrown up against a wall and searched, or made to get out of their car or anything else. Nor will the confederate flag or cause be described as terrorism either. Because white people.

    1. diptherio

      Well, let’s fix that right here.

      That dude is a terrorist and should be treated as such – and a white-supremacist terrorist at that which, as history has shown, is the most dangerous kind.

    2. abynormal

      “I believe I had anger welling in me,”…“Someday it could come to this.”
      Timothy McVeigh

      …so the wretched infidel gazes himself blind at the monumental white shroud that wraps all the prospect around him. And of all these things the Albino whale was the symbol. Wonder ye then at the fiery hunt?
      Melville, Moby-Dick

    3. frosty zoom

      i don’t think that the lack of a terrorism label lies at the inherent nutso racism is such an act but at the coopting of said word by a concerted effort to label the people on top of our oil as “terrorists”.

      the act is obviously “terrorism” because it sure is terrifying; just as every person is just a little more on edge when they go to school or the movies because they have been terrified by the often nihilistic impulses of less than sane people. not many of us travel to iraq or pakistan where the kind of terrorism that we are taught to really fear is actually happening.

      but the word’s use as a tool for fear-mongering is just as racist as the indignities that many afro-[insert nationality] suffer every day.

      so i don’t think it will be branded as the obvious terrorism that it is because of white/black racism but because that word is reserved for another just as insidious form.

      and peace be upon those who have suffered.

      1. Synapsid

        The killer was caught this morning. The Charleston police are calling the killings a hate crime.

        1. JTMcPhee

          FOX is calling it a “war on faith” and calling for pastors to arm themselves. The End.

      2. Sam Kanu

        the act is obviously “terrorism” because it sure is terrifying; just as every person is just a little more on edge when they go to school or the movies because they have been terrified by the often nihilistic impulses of less than sane people. not many of us travel to iraq or pakistan where the kind of terrorism that we are taught to really fear is actually happening.

        but the word’s use as a tool for fear-mongering is just as racist as the indignities that many afro-[insert nationality] suffer every day.

        Uh no. There is a long history of white supremacists using terror as a method of controlling black people in this country. Direct line all the way from this to lynchings in the previous century and the mechanisms of slavery long before that.

        This is long tradition very precisely targeted violence directed at a visible minotity group in this country – much more visibly “different” and targetable therefore than the groups enshrined in all the movies we put out every year that are set in 1945 or whatever.

        To compare this systematically targeted violence and murder to random shootings in a school is a joke.

        As for the middle east, its a joke that we send soldiers over there to protect “minorities” in Iraq…..while we cant even care enough to protect the lives of our minorities in this country. Not from uniformed thugs and not from local renegade terrorists either.

    4. Gio Bruno

      So once again, the actual Terrist is not foreign, Muslim, brown or black: he is a homegrown, single white male. Why did the police capture him? Most anyone else would have been shot on the spot.

  3. Linda Amick

    Ref: the Pentagon investing in drones that kill without human direction.
    When I contemplate the monies spent on mechanisms that kill humans by the USG, I know that I live in an insane asylum.

    1. diptherio

      This research has been going on for years at McGill Univ. in Canada–funded by the US DOD, of course. I raised concerns about their work on autonomous killing robots over a year ago, when I first saw a story on the Canadian Media Co-op website. Hopefully, someone in the future is working on a time-travel device that will let them come back in time and stop these researchers before they bring a full-on Terminator apocalypse down on all of us…

      1. MyLessThanPrimeBeef

        It’s almost a theological question regarding the omnipotent Time-Travelers.

        If they could time-travel from the future (the assumption here is smartness increases with the age of the universe), why has there still been so much evil and suffering in the present and past?

  4. rich

    The American Dream is in trouble. And Paul Volcker knows a big reason why.

    The former chairman of the Federal Reserve says the financial world has gotten “bigger than its britches.” Attempts to regulate the industry have failed, he says, and the pay of financial executives has gone way up.

    “I wasn’t born yesterday,” Volcker told CNNMoney’s Christine Romans. Since World War II, he said he has seen “20 different substantial efforts to reform the regulatory system. None of them have moved the needle.”

    While the financial industry has become bigger and more complex, Volcker thinks we have to ask: “How much has that actually contributed to the growth and productivity of the economy?”


    1. andyb

      It’s amazing that former FED chairmen only speak the truth when they retire. Greenspan is another, recently warning Americans to buy gold, since it is the only true money. I don’t have the same hope for Bernanke, however; an key enabler of the US monetary decline, going to his grave worshiping Keynes and his Rothschild/Zionist handlers.

      1. Ben Johannson

        Bernanke isn’t a Keynesian and if you fill your portfolio with gold you deserve what comes next.

        1. JDS

          And what would that be? A collapse in the price of gold? It’s already below the extraction cost for some of the world’s mining companies.

          1. Ben Johannson

            A collapse in the price of gold? It’s already below the extraction cost for some of the world’s mining companies.

            As it did in 1918 and 1950 and 1965 and 1968 and 1972 and 1980 and 2000 and on and on and on.

            1. alex morfesis

              gold will be very valuable when the mother ship returns as it needs to be mixed with exceldium to allow the return through the two wormholes at the convergence of sisefrom and rectanglia when namanmazi is aligned with illia nine.

              let them eat gold…

          2. hidflect

            People grumble about fiat currencies not acknowledging that gold is a fiat commodity. It has little intrinsic worth beyond its shininess.

  5. abynormal

    Eric Scott Hunsader ‏@nanexllc 25 minutes ago
    A closer look at this morning’s Dollar futures flash crash $DX_F
    (scroll n ckout lg. ETFs chart)

    “On the whole, it is difficult to think of another government agency that has failed more consistently on more of its key missions than the Fed.”
    James Rickards, Currency Wars: The Making of the Next Gobal Crisis

    1. frosty zoom

      black swan dive

      our hands are longer in the hands of our bankers’ whims and very fancy fancies, but in those of their machines


  6. abynormal

    China’s government has passed new guidelines requiring civilian shipbuilders to ensure their vessels can be used by the military in the event of conflict, state-run media said on Thursday.

    The report said that China had about 172,000 civilian ships at the end of last year, suggesting the measure could be a major boost to China’s navy.

    China’s government will cover the costs of the plan, it added.

    The more you sweat in peacetime, the less you bleed during war.
    Chinese Proverb

    1. MyLessThanPrimeBeef

      That was how the Mongols put together a navy, with many Han Chinese admirals, presumably, twice to try to invade the Kamikaze-protected Wa (or the Land of the Rising Sun).

        1. MyLessThanPrimeBeef

          The British were, of course, ill-prepared and had to rely on yachts at Dunkirk.

          Succeed by partnering (marriage is not necessary – stay mobile) preparation with opportunity.

          1. James Levy

            Ah, that’s a myth. It made a nice story at the time in the US press, but the vast majority of British and French troops pulled out of the Dunkirk bridgehead left either on Destroyers or cross-channel ferries requisitioned for the work. The little boats were brought in at the end to rescue survivors directly from the beaches, but that was only a small part of the story. The Flag Officer Dover (Admiral Ramsay) and his staff got most of the men out the old fashioned way–via warship.

            1. MyLessThanPrimeBeef

              Thanks for debunking that myth.

              Now, I begin to be a little skeptical of another one, the Kamikaze story/myth.

            2. ambrit

              The Germans also helped out by stopping their armies just short of Dunkirk for two days, 22 and 23 May. That gave the Allies time to cobble together adequate defenses. I’ve read that the small craft basically acted as ferries from the beach to the larger ships offshore. Just another example of how blind luck will shape destiny.

    2. Dr. Luny

      And China, South Korea, and Japan have almost all of the world’s shipbuilding capacity. If we get into a serious naval arms race with the Chinese we’re sure to lose.

      1. James Levy

        Short answer: no. What counts are your sensors and your weapons, and the US has such an enormous lead in these that it will take the Chinese decades to catch up. Already in the early 1980s US warships could engage 8 targets when Russian ships could take on one and some British ships 2. Modern US ships can track and engage dozens of targets at a time. No other navy comes close. It would be nuts for the US to take a fleet into the straits between China and Taiwan, but anywhere else the US Navy would wipe the floor with the Chinese (and I, as an historian of the Royal Navy, am in no way a USN partisan).

        1. JTMcPhee

          Then howcum in that silly war game called Millenium Challenge 2000 the War Department had to cancel the actual immediate results of a gameplay attack on what was supposed to mimic the Iraqi nation, re-set the “parameters” and declare victory and go home? A silly $200 million war game,, three weeks long, where one little retired Marine general named Van Riper, using off the shelf war toys and common sense, sent the whole effing 5th Fleet to the bottom? Our own admirals know that their effing $20 billion carrier battle groups are “sitting ducks” in the sights of a whole lot of cheap little weapons that all kinds of little countries’ MICs out there are happily building and selling to anyone with the currency or debt capacity to “pay” for them?\ Here’s your great military supremacy in sensors and weapons:

          Effing idiocy, squared and cubed, inflated by chest-puffing experts who just KNOW “our arms, our ability to project our phallic power” will shock, awe and overcome any adversary (except Assad and ISIS and AQAP and China and all that… and my favorite, Hoi Chi Minh’s little dudes in black pajamas or jungle fatigues… ) But hey, think of all the good paying middle class jobs the Pentagram and its sycophants and consultants and contractors have on line, paid for how, again?

          What outcomes do we, whoever “we” is, want and seek and are lined up and able and on the way to “achieving successfully?”

          1. craazyboy

            Cruise missiles have great bang for the buck, and a Russian – Indian partnership now have the fastest one in the world. Plus they said they’d sell ’em to anyone they like.


            Also, I would hate to fund a arms race keeping up with Chinese and Indian slave labor.

          2. James Levy

            When you are emotionally committed to one version of reality, it’s tough to respond, but let me try.

            As I pointed out, if you put the US fleet in too close to China where it has no room to maneuver and can basically expect the entire Chinese Air Force to launch wave after wave of attacks with some coordination of surface, subsurface, and missile forces to boot, you could expect to suffer dreadful losses (although you fail to point out that the Chinese, as they did in the Korean War, and the Vietnamese did in the Vietnam war, would suffer disproportionately worse losses–Chinese historians now cop to losing 900,000 men in the Korean War; we killed a million-plus Vietnamese for the loss of 55,000 Americans). If Chinese warships were to hit the high seas and try to take on US hunter-killer subs and modern surface units (and, yes, carrier-based air units firing Harpoon missiles from 50 miles out) they would be obliterated. Period. No military historian or analyst will say anything else.

            1. Michael

              I thought the point was that “surface navies”, as such, are essentially valueless in a real conflict — not that China’s stupid enough to field one.

          3. alex morfesis

            it is possible that we tell lies in public to let the other side think we are weaker than we might be…there is no question almost every fall of every large nation was predicated on the “mysterious” military budget where money goes into the roach motel but it never comes out…but look around your home…take a look at what is more than ten years old…does it say made in china on the bottom ??? china is afraid of its own citizens and has capital controls that do not allow anyone to take out…legally…more than about fifty thousand dollars per year…no time soon will china be able to field anything that looks, smells or tastes like a global navy

        2. ambrit

          As the fellow above noted, lots of motivated guys with cheap and plentiful weapons can bring a large opponent to his knees.
          The other vulnerability of an excessive reliance on electronics is EMP. How’s China doing on EMP guns and neutron pocket nukes?
          I always remember that Nevil Shute began “On The Beach” with an atomic attack by little Albania.
          My Granddad was first mate on a minesweeper during WW2. My Dad had some postcards his father had sent him from Reykjavik, Murmansk, (which might have come home with Grandads ship,) and some other really exotic places.

    1. MikeNY

      Yeah, I feel fried about this discussion, too.

      Tomorrow and tomorrow and tomorrow … to the last syllable of recorded time.

  7. JohnnyGL

    I love the sense of entitlement that just oozes out of some of these congressional reps. “How dare they misbehave??!?!?” is the tone that seems to underlie the reactions.

    What other interest group gets attacked like this for “insubordination to the party”? Would they do this to Silicon Valley? Wall Street? Of course not!

    Hopefully, labor leaders continue to feel the right combination of both fear (of ceasing to exist) and empowerment (hey, we actually helped WIN this fight?!?!).

  8. Jef

    “Biotech’s Coming Cancer Cure”

    Great now we no longer need to worry about the causes. (Who wants to bet that the “cure” ends up causing cancer?)

    1. MyLessThanPrimeBeef

      No cure is fast enough for the rapid appearances and increases of toxic foods, polluted water and air, and lack of sleep and work related stress.

    2. abynormal

      modern day Where’s Waldo hunt: Where’s Monsanto
      Monsanto Plants the Seeds to Harvest a Cure

      According to the research, rats fed a diet containing NK603—a variety of corn seed designed to be tolerant to Roundup treatment—developed mammary tumors and experienced organ damage to the kidneys and liver. Half of the male rats and 70 percent of the female rats died prematurely on the glyphosate-heavy diets compared with the control group that experienced only 20 and 30 percent premature deaths.

      “I recognized my two selves: a crusading idealist and a cold, granitic believer in the law of the jungle” – Edgar Monsanto Queeny, Monsanto chairman, 1943-63, “The Spirit of Enterprise”, 1934.…bipolar.

    3. frosty zoom

      true enough. but even if we scrubbed the planet with extragreenecowash, the universe offers up all sorts of its own carcinogens.

      good to hedge your bets.

    4. Ron

      In May I had jury service and as a result I met several biotech science workers all with PHD’s. What was interesting was how they viewed the Biotech industry which from there point of view the industry was closing in on a cancer cure and how that impacted the industry and there future. Basically they told me jobs were getting more difficult to find in Biotech given the success over the past 10 years and companies would only fund research for issues that would generate a large return. They all were concerned about maintaining there current income levels and whether they would have jobs in the future given the profit driven approach to Biotech research.

    5. Jagger

      Sheesh, snap out of it. News of a high-potential cure for various cancers and all I hear is moaning about cancer causes???? Come on, try looking at the bright side. A cure might save a few lives despite whatever cause.

      1. nowhere

        Though I agree, I think the maxim:
        “An ounce of prevention is worth a pound of cure” seems to apply.

    1. frosty zoom

      break out the doughnuts, ’cause we’re gonna need ’em.

      or maybe not. cross your toes.

        1. frosty zoom

          at an quasi-internationally approved doughnut chain near thee.

          “Si no hay justicia para el pueblo que no haya paz para el gobierno”

          1. ambrit

            El Santo nos dice, “Silencio! Escuchen!”
            “Que es?” pregunta Eduardo.
            “Ese sonido,” dice el Enmascerado de Plata.
            “Ese? yo dice, “es trikitraki!”
            “Asi, pero, de donde?”
            Eduardo exclaman, “La Escuela!”
            Como arriven a la escuela, nos digen, “Caramba!” Los Monsantoeros son distruyen todos los comestibles organicos en la cocinera de la escuela.
            “No nos permiten!” Y con ese, y un oracion por buena suerte, El Santo se lucha contra los Monsantoeros!
            Mas manyana!

          2. EmilianoZ

            I could go to the Krispy Kreme nearby but I’d prefer a brioche aux fruits confits et fleurs de jardin or a dacquoise cointreau caramel a l’infusion de cardamone verte.

  9. jfleni

    RE: AT&T faces $100 million fine for quietly throttling data speed…

    This is normal and not a bit new. These plutocrats steal and cheat (to call them by their right names) as a matter of course. LARGE FCC fines (always deductible) might make a difference, but we will all have to wait and see.

  10. jfleni

    RE: Hayden Mocks Edward Snowden’s Effect on NSA Surveillance

    This jumped-up, obnoxious, ex-Generalisimo is only strengthening the points made by Congresssional and media opponents of Barry-Bubba’s ignorant and grossly un-Constitutional extremism.

    I once saw a cartoon in Mad magazine where a typical nutty General was kneeling on a desk while a beaming politician pinned all his shiny stars right smack on his butt!

    Decorate him Barry! Get it over with, so he will look like the fool he is!

  11. Garrett Pace

    Interns at Big Banks

    Bank of America said at the time it would recommend junior employees take off a minimum of four weekend days per month.

    What, no maximum, in case they get the wrong idea and take the whole weekend off?

    And notice, unlike the Goldman interns who are toughing it out for three months, these are actual employees living the actual routine of their actual lives.

  12. frosty zoom

    it’s pączki day!

    After it was derailed last week, President Barack Obama’s ‘fast-track’ mandate to conclude a massive trade pact with 11 other Pacific Rim nations – including Canada – was rolling again Thursday after the House of Representatives passed a rules measure 244-181.

    That outcome makes it all but certain that fast track will pass later Thursday. “We’re going to get it done here today,” said Representative Paul Ryan, a Wisconsin Republican and leader pro-free trader.

    1. MyLessThanPrimeBeef

      Some people will be celebrating.

      Let me check…yup, S&P is up, quite a bit.

      More good news like this one, everyday, we won’t need QE4/5/6…

      It’s so ‘stimulating.’

    2. hunkerdown

      (It’s pronounced punch-key for those not from around here)

      Fascinating. What ever happened to the Senate hold?

  13. cripes

    Actually, white people can be thrown against the wall in black neighborhoods, because drug war. Or, because fraternizing with the enemy. Or any reason or no reason at all.

    1. ambrit

      It’s also bad news to dress like a cop while being white around many neighbourhoods. Not that I really blame them. This is a race to the bottom that everyone loses.

  14. lord koos

    Facial recognition technology — I foresee a boom in sales of hats and sunglasses, invest accordingly.

  15. Jack

    Wow. The War Nerd really believes there is such a thing as a ‘glorious’ battle (however rare it may be), doesn’t he?

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