In order for our current level of debt-fueled prosperity to continue, the rest of the world must continue to use our dollars to trade with one another and must continue to buy our debt at ridiculously low interest rates. Of course the number one foreign nation that we depend on to participate in our system is China. China accounts for more global trade than anyone else on the planet(including the United States), and most of that trade is conducted in U.S. dollars. This keeps demand for our dollars very high, and it ensures that we can import massive quantities of goods from overseas at very low cost. As a major exporting nation, China ends up with gigantic piles of our dollars. They lend many of those dollars back to us at ridiculously low interest rates. At this point, China owns more of our national debt than any other country does. But if China was to decide to quit playing our game and started moving away from U.S. dollars and U.S. debt, our economic prosperity could disappear very rapidly. Demand for the U.S. dollar would fall and prices would go up. And interest rates on our debt and everything else in our financial system would go up to crippling levels. So it is absolutely critical to our financial future that China continues to play our game. ...
Here's a proposal. I'd like to give you a 20 dollar bill, and in return you will agree to give me back a 100 dollar bill. Seem fair? Well, if you have a credit card you've been doing this all along, and I'm going to show you how to stop. Credit cards can be a…
Physicists agree that 13-15 billion years ago our universe was created by a Big Bang. But where did that Big Bang come from? A new theory posited by a group of physicists presents the possibility that our universe is nestled inside a black hole.
Terrorism police are investigating a total of six suspected bombs sent to Armed Forces recruitng offices this week Terrorist police are investigating an apparent bombing campaign against Armed Forces recruiting offices after four more suspected bombs were posted to careers centres. Military bomb squad officers were called to three recruiting offices on Thursday after suspect packages were sent to careers centres in Berkshire and Kent earlier in the week. Thursday's suspect packages were found in offices in Brighton, Slough and Oxford. Another suspect device was also sent to an office in Aldershot on Wednesday it was disclosed. A military source described the first three sent as “basic, but viable” explosive devices. It was too early to say if the three found on Thursday were the same, but police sources said the devices were all linked. Careers office staff and post office workers have all been put on alert after the incidents and told to be on the lookout for more devices. Det Supt Stan Gilmour of the South East Counter Terrorism Unit said: “Because suspicious packages were found at various locations yesterday notes were sent out to all the Army Careers offices as well as the Post Office asking staff to be extra vigilant and look out for any suspect packages.” The bombs discovered on Tuesday were found at offices in Reading and Chatham. Today’s suspect packages were found at Army Careers offices in St Giles, Oxford, Queensmere Shopping Centre, Slough, and Queens Road, Brighton. An MoD Spokesman said: “We can confirm that we are aware of security incidents ongoing in Oxford, Slough and Brighton involving Armed Forces Careers Offices. The relevant civilian police authorities are investigating, with military bomb disposal teams in support. Security advice has been reiterated to our personnel."
The New American reports that the UN Arms Trade Treaty was written in secret by the Obama/Hillary Clinton State Department, along with Russia, China, France and Britain. United-nations. Not exactly a lineup of champions ...
A teenage girl was groomed and raped by up to 30 Asian men - including a father and his schoolboy son - during an horrific sex attack lasting six hours, an inquiry heard.
Campaigner Shaista Gohir MBE detailed abuse of the young vulnerable Asian girl in a shocking report highlighting how rife grooming was within ethnic communities.
She claimed that sexual exploitation and grooming of young Asian girls by men of the same ethnic origins was happening under the noses of authorities - with community leaders, schools and families are all too ready to dismiss the attacks or even cover them up.
Muslim and women's rights activist Ms Gohir used the harrowing Birmingham case, involving a teenage girl who was allegedly raped by between 20 to 30 men, to call on authorities to do more to tackle the issue.
The attack was said to have taken place over six hours and included a father and son, who was in school uniform, and taxi drivers who turned up in groups.
The report, presented to Birmingham City Council, followed interviews with 35 victims, as well as several sex attackers from Muslim communities throughout the UK.
Ms Gohir also challenged the popular view that grooming and exploitation, as in high-profile cases in Rochdale and Oxford, was mainly carried out by gangs of Asian men abusing white girls.
'People tell me they have heard about Rochdale and Oxford and see it as something which happens elsewhere to other people, but it is happening in Birmingham, it's happening everywhere,' she said.
This warning came in the same week as a child sex gang was jailed for abusing young girls.
Judge John Bevan QC said the four Roma men and boys and an Iraqi Kurd had ignored the responsibilities of living in this country as he sentenced them for raping and sexually assaulting five girls aged as young as 12.
Four of the gang members were from the Czech Republic and Slovakia. Two of the victims were Czech and Slovak, while the other three are English.
Last year, seven Oxford men, mostly of Pakistani heritage, were convicted at the Old Bailey of running a paedophile sex ring.
That trial had followed another, almost exactly 12 months earlier, concerning nine Asian men based in Rochdale.
Ms Gohir said girls are more likely to be targeted by people of the same ethnic and cultural background.
OFFICIALS MUST STOP 'TIP-TOEING AROUND RACE IN SEX-GANGS'
MPs said public officials must stop 'tip-toeing' around race when tackling child sex gangs and claimed that there is a trend of Asian gangs targeting youngsters.
A dangerous trend of Pakistani men grooming young white girls does exist, according to a Commons home affairs committee report in June 2013.
Police, prosecutors and social workers must be able to raise the issue without fear of being accused of racism, the committee said.
But it warned against stereotyping offenders because there is no straightforward link between race and child sexual exploitation.
In shocking conclusions to a year-long inquiry, MPs said there were still areas where victims were being failed by the authorities.
Rochdale and Rotherham councils were accused of being 'inexcusably slow' to realise sex abuse was taking place on their doorstep.
And they said both councils had a 'woeful lack of professional curiosity' and were responsible for the 'appalling consequences of their indifference to the suffering of vulnerable children'.
They may also be particularly vulnerable to abuse as they can be blackmailed into keeping quiet because of the risk of 'bringing shame' on a community, she added.
When abuse is revealed some families are more likely to send the daughter abroad or hastily arrange a wedding to get rid of the problem rather than face it, the report claims.
'The biggest barrier that we need to address is the shame and honour card,' Ms Gohir said.
'They would rather protect the honour of the family and community than report an offender and protect other girls, as well as get the victim the counselling and help they need.'
She also added attitudes of young boys and men needed to change as often they did not see what they did as rape, and had no awareness of the impact of their actions on women.
Members of the council enquiry are considering new measures including raising the issue with parents or teenagers through secondary schools and encouraging greater use of relationship education.
Labour councillor Waseem Zaffer said: 'I have seen this presentation three times and each time I get angrier and angrier. There are a number of issues in the south Asian community which are swept under the carpet and this is one of them.'
Inquiry chairwoman Cllr Anita Ward added: 'When we are dealing with child sexual exploitation we need to recognise that it is not only Asian men grooming white girls. The victims do not come from any one particular culture or community, and neither do the perpetrators.
The inquiry will take further evidence in March before compiling a report for the city council.
Politico Barack Obama's unwillingness to fight for free trade is an expensive mistake The Economist IN JULY 2008 Barack Obama, then a candidate for the presidency, declared before an adoring crowd in Berlin that “true partnership and true progress...
A new study correlating brain activity with how people make decisions suggests that when individuals engage in risky behavior, such as drunk driving or unsafe sex, it's probably not because their brains' desire systems are too active, but because...
I recently posted about Dropbox's hiring practices and how they put women at a disadvantage. But Dropbox is by no means a worst offender. This is an industry-wide issue. The problem is a hidden bias that tech executives ...
Adobe Flash users are once again being told they need to update their software, after a new zero-day exploit was discovered.
The critical security flaw in in Adobe Flash Player was uncovered after hackers targeted visitors to a number of different foreign and economic policy websites dealing with matters of national security.
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I think this is interesting because it kind of goes back to what the blog that i read on poverty. It is interesting cause people just seem to overlook poverty and really don't pay much attention to it, which is contributing to increasing the problem we have in the united states. We cannot solve the problem or attempt to solve the problem if we are pretending like it isn't a problem
Independent scientists are racing Tuesday to identify what the government is not testing, a secret ingredient in the chemical that Freedom Industries leaked into water supplying of 300,000 people, Nalco’s “Crude MCHM’.
It's the government's responsibility to make sure that our water is cleanand not harmful to us. If something as simple as making sure we have clean water isn't being taken care of, what else is the government not doing?
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