Yearly Archives: 2013

Protesters rally in support of anti-bank chalk activist facing 13 years

"Demonstrators gathered outside the Hall of Justice in San Diego, California on Sunday to chalk their support for a local man facing up to 13 years in jail for using washable chalk to voice his protests against Bank of America. 'All I am permitted to say is, I disagree,' the defendant, Jeff Olson, told KGTV-TV as he joined the rally on his behalf before slapping a piece of tape across his mouth with the words 'Gag order' written on it to comply with Judge Howard Shore’s order for him not to comment on the case. Olson attracted the attention of the office of City Attorney Jan Goldsmith at the behest of bank officials, who asked for him to be prosecuted." Continue reading →

Continue ReadingProtesters rally in support of anti-bank chalk activist facing 13 years

Jobless Greek youth find innovative ways to make a living

"For many, mass migration or further education have been the answer. Rapti is among those who do not want to join the exodus that has already seen about 120,000 young professionals emigrate – mostly to Germany and other countries in the eurozone’s wealthier north but also as far as away as Australia, Canada and the US. But force of circumstance has pushed growing numbers to think outside the box. Exploiting their flair for enterprise and entrepreneurship – a spirit doused by decades of dependence on state largesse – young Greeks are also behind an explosion of bars and restaurants nationwide, but especially in Athens." Continue reading →

Continue ReadingJobless Greek youth find innovative ways to make a living

Jobless Greek youth find innovative ways to make a living

"For many, mass migration or further education have been the answer. Rapti is among those who do not want to join the exodus that has already seen about 120,000 young professionals emigrate – mostly to Germany and other countries in the eurozone’s wealthier north but also as far as away as Australia, Canada and the US. But force of circumstance has pushed growing numbers to think outside the box. Exploiting their flair for enterprise and entrepreneurship – a spirit doused by decades of dependence on state largesse – young Greeks are also behind an explosion of bars and restaurants nationwide, but especially in Athens." Continue reading →

Continue ReadingJobless Greek youth find innovative ways to make a living

Unique institute unites capitalists who want to save the world

"The Unreasonable Institute, founded by University of Colorado graduates Teju Ravilochan and Daniel Epstein in this college town at the foot of the Rocky Mountains, is an attempt to solve real-world problems by linking innovative thinkers from around the world. Entrepreneurs wanting to join the camp submit written applications and go through a series of interviews. Successful applicants pay $10,000 for a single and $12,000 for a pair to take part. The institute helps participants raise the fee through crowd-sourcing and the support of donors like Hewlett-Packard and Vodafone." Continue reading →

Continue ReadingUnique institute unites capitalists who want to save the world

Unique institute unites capitalists who want to save the world

"The Unreasonable Institute, founded by University of Colorado graduates Teju Ravilochan and Daniel Epstein in this college town at the foot of the Rocky Mountains, is an attempt to solve real-world problems by linking innovative thinkers from around the world. Entrepreneurs wanting to join the camp submit written applications and go through a series of interviews. Successful applicants pay $10,000 for a single and $12,000 for a pair to take part. The institute helps participants raise the fee through crowd-sourcing and the support of donors like Hewlett-Packard and Vodafone." Continue reading →

Continue ReadingUnique institute unites capitalists who want to save the world

Obama Introduces $300 Billion Crony Capitalism Electricity Program for Africa

"Africa needs electricity. What else is new? Africans need many things. So do people all over the world. Obama has 'pledged' $7 billion toward we-know-not-what that is supposed to build Africa's electricity. The White House says it will cost $300 billion by 2030. Liberals are liberals. They promote endless government programs and endless government, and often, as in this case, it's subsidizing particular businesses that will benefit. This is crony capitalism, which is not free market capitalism. And, as has often been the bi-partisan case, they promote funds that trickle down through corrupt governments [...] and are largely wasted and mis-directed." Continue reading →

Continue ReadingObama Introduces $300 Billion Crony Capitalism Electricity Program for Africa

Obama Introduces $300 Billion Crony Capitalism Electricity Program for Africa

"Africa needs electricity. What else is new? Africans need many things. So do people all over the world. Obama has 'pledged' $7 billion toward we-know-not-what that is supposed to build Africa's electricity. The White House says it will cost $300 billion by 2030. Liberals are liberals. They promote endless government programs and endless government, and often, as in this case, it's subsidizing particular businesses that will benefit. This is crony capitalism, which is not free market capitalism. And, as has often been the bi-partisan case, they promote funds that trickle down through corrupt governments [...] and are largely wasted and mis-directed." Continue reading →

Continue ReadingObama Introduces $300 Billion Crony Capitalism Electricity Program for Africa

Saudi prince sues Forbes after it says he’s only worth $20 billion

"Saudi billionaire Prince Alwaleed bin Talal has sued Forbes magazine for libel in a British court, alleging its valuation of his wealth at $20 billion was short of the mark by $9.6 billion. The prince, a grandson of Saudi Arabia’s founder and nephew of King Abdullah, had attacked the US magazine’s ranking of world billionaires as flawed and biased against Middle Eastern businesses. Through his Kingdom Holding Company, Prince Alwaleed owns large stakes in Citigroup, News Corp and Apple Inc, among other companies. He is also owner or part-owner of luxury hotels including the Plaza in New York, the Savoy in London and the George V in Paris." Continue reading →

Continue ReadingSaudi prince sues Forbes after it says he’s only worth $20 billion

Saudi prince sues Forbes after it says he’s only worth $20 billion

"Saudi billionaire Prince Alwaleed bin Talal has sued Forbes magazine for libel in a British court, alleging its valuation of his wealth at $20 billion was short of the mark by $9.6 billion. The prince, a grandson of Saudi Arabia’s founder and nephew of King Abdullah, had attacked the US magazine’s ranking of world billionaires as flawed and biased against Middle Eastern businesses. Through his Kingdom Holding Company, Prince Alwaleed owns large stakes in Citigroup, News Corp and Apple Inc, among other companies. He is also owner or part-owner of luxury hotels including the Plaza in New York, the Savoy in London and the George V in Paris." Continue reading →

Continue ReadingSaudi prince sues Forbes after it says he’s only worth $20 billion

Robbers posing as police steal $261,000 from Saudi government official

"Robbers posing as policemen made off with 200,000 euros ($261,000) belonging to a senior official from the Saudi youth and sports ministry just after he landed in Paris, police said Monday. The audacious robbery was staged on the busy A1 highway near Le Bourget airport. The robbers were armed and used two cars equipped with flashing lights and the word 'Police' on them. They stopped the car the Saudi official was travelling in and demanded an inspection of the boot. They then made off with a suitcase containing 162,000 euros, $30,000 and 10,000 pounds. It was not immediately clear why the official was travelling with so much cash." Continue reading →

Continue ReadingRobbers posing as police steal $261,000 from Saudi government official