Only Half Of College Grads Work Jobs That Require A Degree

"A college degree might not be worth the hassle and expense, according to a new study. Almost half of four-year college graduates are working jobs that don’t require a bachelor's degree, according to a study by McKinsey & Co. that asked 4,900 graduates about their careers after college. Furthermore, around a third of college graduates said they did not feel that college had fully prepared them for the working world. Over half said they’d choose a different school or a different major if they could do it again." Continue reading

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Hundreds of Bangladesh textile plants shut indefinitely

"The textile industry’s main trade body said all operations at the nearby Ashulia industrial zone on the outskirts of Dhaka were being suspended until further notice. Shahidullah Azim, of the Bangladesh Garment Manufacturers and Exporters Association, said the decision was made 'to ensure the security of our factories'. Most of Bangladesh’s top garment factories are based at Ashulia and there has been 'virtually no work' there since the April 24 Rana Plaza tragedy, Azim said. Ashulia is home to around 500 factories which make clothing for a string of major Western retailers including Walmart, H&M, Tesco and Carrefour." Continue reading

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Flying the Government Skies

"The sequester cuts about $637 million from the FAA, which is less than 4% of its $15.9 billion 2012 budget, and it limits the agency to what it spent in 2010. The White House decided to translate this 4% cut that it has the legal discretion to avoid into a 10% cut for air traffic controllers. Though controllers will be furloughed for one of every 10 working days, four of every 10 flights won't arrive on time. The FAA projects the delays will rob one out of every three travellers of up to four hours of their lives waiting at the major hubs. Congress passed a law in 2009 that makes such delays illegal -- if they are the responsibility of an airline." Continue reading

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Montana’s Medical Marijuana Industry Goes Down

"The drop was driven in part by a tougher 2011 law on medical marijuana use and distribution. But more than anything, marijuana advocates say, the demise of the once-booming medical pot industry was the result of the largest federal drug-trafficking investigation in the state's industry. The three-year investigation by the U.S. attorney's office, the DEA and other federal agencies wrapped up last week when the last of 33 convicted defendants was sentenced. That allowed its architect, U.S. Attorney Michael Cotter, to speak publicly for the first time on the crackdown. Cotter said he believes he is on the right side of history, regardless of what is happening in the country." Continue reading

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Affordable Care Act Summary for Self-Employed, Unemployed, and Early Retirees

"Much of the discussion around The Patient Protection and Affordable Care Act (PPACA) aka Affordable Care Act aka Obamacare has been about politics. For most full-time workers that wish to keep their employer-provided health insurance, little will change. However, things will be very different for the self-employed, unemployed, uninsured, and those seeking semi-retirement or early retirement. You can use it even if you already have employer-provided insurance, although you may become ineligible for certain tax credits. There’s way too much information to cover everything, but here’s my summary of the developments." Continue reading

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Half of families suffer in NHS hospitals, study finds

"Despite tens of billions of pounds being invested in the NHS, 46 per cent of respondents said they thought standards of care had declined over the past ten years, while just 20 per cent thought standards had risen. Sixteen per cent said they had personally experienced poor care, while another 30 per cent said their relatives had suffered poor care in the past decade - a total of 46 per cent. The figures come in the wake of the Mid Staffs scandal, in which patients were found to be left drinking from flower vases because they were so neglected. NHS casualty units have become like 'warzones' with medics fighting a losing battle to cope with an increasing tide of patients." Continue reading

Continue ReadingHalf of families suffer in NHS hospitals, study finds

Obamacare: Taxpayers Must Report Personal Health ID Info to IRS

"When Obamacare’s individual mandate takes effect in 2014, all Americans who file income tax returns must complete an additional IRS tax form. The new form will require disclosure of a taxpayer’s personal identifying health information in order to determine compliance with the Affordable Care Act’s individual mandate. As confirmed by IRS testimony to the tax-writing House Committee on Ways and Means, 'taxpayers will file their tax returns reporting their health insurance coverage, and/or making a payment'." Continue reading

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3D printed guns are going to create big legal precedents

"Defense Distributed is headed for some important, possibly precedent-setting legal battles with the US government, and I’m worried that the fact that we’re talking about guns here will cloud judges’ minds. Bad cases made bad law, and it’s hard to think of a more emotionally overheated subject area. So while I’d love to see a court evaluate whether the internet should be treated as a library in law, I’m worried that when it comes to guns, the judge may find himself framing the question in terms of whether a gun foundry should be treated as a library." Continue reading

Continue Reading3D printed guns are going to create big legal precedents

3D printed guns are going to create big legal precedents

"Defense Distributed is headed for some important, possibly precedent-setting legal battles with the US government, and I’m worried that the fact that we’re talking about guns here will cloud judges’ minds. Bad cases made bad law, and it’s hard to think of a more emotionally overheated subject area. So while I’d love to see a court evaluate whether the internet should be treated as a library in law, I’m worried that when it comes to guns, the judge may find himself framing the question in terms of whether a gun foundry should be treated as a library." Continue reading

Continue Reading3D printed guns are going to create big legal precedents

FBI’s Latest Proposal for a Wiretap-Ready Internet Should Be Trashed

"The FBI has some strange ideas about how to 'update' federal surveillance laws: They’re calling for legislation to penalize online services that provide users with too much security. The FBI’s misguided proposal would impose costly burdens on thousands of companies (and threaten to entirely kill those whose business model centers on providing highly secure encrypted communications), while making cloud solutions less attractive to businesses and users. It would aid totalitarian governments eager to spy on their citizens while distorting business decisions about software design. Perhaps worst of all, it would treat millions of law-abiding users as presumed criminals." Continue reading

Continue ReadingFBI’s Latest Proposal for a Wiretap-Ready Internet Should Be Trashed