Tag: ethics
Marty Keller Resigns – A Sad Day For Small Business | Peter Mehit
Marty Keller, who has been Governor’s Small Business Advocate for the last four years, is resigning. This is not good news as Marty has been a tireless advocate for small businesses in our state. Despite many setbacks and obstacles, Marty never quit reaching out to our community, while speaking truth to power about our situation and our needs.
Good luck, Marty. We know we’ll see you again in better circumstances. Keep your chin up! – Ed.
Marty’s letter:
Weekly Economic Update | LAEDC
THIS WEEK’S HEADLINES:
- Revised Estimates for Q1-2011 U.S. Corporate Profits
- California’s Home Resales Decline by 14.4% in May
- New Home Construction in May
- May Permit Values for Nonresidential Construction
- Spending on Travel & Tourism Slows in 1st Quarter
- World Trade
- Update on Japan
- Events of Interest
- July 20, 2011: Mid-year Economic Forecast
Seven Problems a Recovery Won’t Fix – Umair Haque – Harvard Business Review
It’s time to stop looking for “recovery” (as in ways to resurrect this drooling zombie of an industrial economy) and start seeding transformation (as in building a 21st century economy, that turns most or all of the toxic dynamics above upside down). It’s time to stop thinking about getting back to yesterday’s prosperity — and time to start thinking about how to get past it.
Congress takes aim at 401(k)s | Bankrate.com
The Congressional Joint Committee on Taxation and the Treasury Department’s Office of Tax Analysis conclude that these retirement planning programs will cost the federal government about $600 billion in lost revenue over the next five years.
Weekly Economic Update | LAEDC
THIS WEEK’S HEADLINES:
- May 2011: A Weak Month for California Payrolls
- SoCal Home Sales and Prices: Sharp Decline in May
- California’s Budget Position in May
- May Port Figures – 18 Consecutive Months of Growth
- Update on Japan
- Core Consumer Prices Rise at Faster Pace in May
- Advancing Wholesale Prices Slow in May
- Events of Interest
- July 20, 2011: Mid-year Economic Forecast
Troll Fail: Righthaven Smacked Down Again | Electronic Frontier Foundation
Iraq: Missing Iraq money may have been stolen, auditors say | latimes.com
Pentagon officials determined that one giant C-130 Hercules cargo plane could carry $2.4 billion in shrink-wrapped bricks of $100 bills. They sent an initial full planeload of cash, followed by 20 other flights to Iraq by May 2004 in a $12-billion haul that U.S. officials believe to be the biggest international cash airlift of all time.
Seriously, you think? – Ed.
LulzSec, Sony, And The Rise Of A New Breed of Hacker | Huffington Post
In a press statement released last week, the group wrote, “We recently broke into SonyPictures.com and compromised over 1,000,000 users’ personal information, including passwords, email addresses, home addresses, dates of birth, and all Sony opt-in data associated with their accounts.” LulzSec also claimed to have gotten hold of “3.5 million ‘music coupons,'” which the group then invited the public to “plunder.”
Their motivation, it seemed, was something other than monetary gain. But what? An introduction on their website offers a clue: “We have now taken it upon ourselves to spread fun, fun, fun… ”
‘Anonymous’ Allegedly Demands Resignation Of Fed Chair Bernanke
In the video, uploaded on Saturday, the anonymous group, self-described as loosely connected and Internet based, allegedly claims that the Federal Reserve is guilty of “crimes against humanity” and calls for the resignation of Ben Bernanke. In addition, the group would seem to demand the break up of the Federal Reserve and other major banking institutions

