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U.S. growing impatient on Greece debt rescue effort
WASHINGTON (AFP) – The delay in finding a durable solution to the Greek debt crisis is causing impatience in the United States, where there is mixed support for any new bailout. The US has been watching the Greek situation for more than a year and now is paying closer attention…
Americans worried by soaring tuition fees
WASHINGTON (AFP) – The spectacular rise in US college tuition fees is becoming a serious problem for students and many American families as they grapple with the worst economic crisis since the 1930s. In the past week Michigan State University announced a 7% tuition hike, Oklahoma State University raised its…
Chinese cities owe $1.65 trln, some ‘may default’
BEIJING (AFP) – Chinese local governments held $1.65 trillion in debt by the end of 2010, the state auditor said on Monday, warning that there was a risk that some could default. Excessive borrowing by authorities to fund infrastructure and other projects has sparked fears among China’s leadership about the…
‘Probably inevitable’ a country will exit euro: Soros
VIENNA (Reuters) – Billionaire investor George Soros thinks a country will eventually exit the euro zone and urged policymakers on Sunday to come up with a “plan B” that could rescue the European Union from looming economic collapse. Soros, famous for making $1 billion by betting against the British pound…
Bank errors continue to cause wrongful foreclosures
Four years into the foreclosure crisis, banks say they’ve made major improvements in how they handle struggling homeowners. They’ve promised, for example, not to foreclose on homeowners who are being considered for mortgage modifications. But that’s still happening. Consider the cases of Laurie Pinkerton and Lisa Peterson. The two women,…
LulzSec to disband after newest data dump
NEW YORK (Reuters) – The Lulz Security group of rogue hackers announced it was disbanding on Saturday with one last data dump, which included internal AOL Inc and AT&T documents. LulzSec, which gained wide recognition for breaching the websites of Sony Corp, the CIA and a British police unit among…
Social gaming a big winner in smartphone boom
SINGAPORE (AFP) – More virtual livestock looks set to be traded and petulant fowl hurled at targets as social gaming takes hold in the booming mobile phone market, industry experts say. Social gaming, made popular by titles such as “Farmville” and “Angry Birds”, was one of the closely followed topics…
US lightbulb rules spark new political fight
WASHINGTON (AFP) – With a January deadline looming on a US law mandating energy efficiency standards for lightbulbs, some political forces don’t want to turn out the lights. More than a dozen Republican lawmakers are backing efforts to repeal the 2007 law that requires bulbs to consume less energy. Meanwhile…
Hackers school next generation at DEFCON Kids
SAN FRANCISCO (AFP) – DEFCON hackers will share their skills with the next generation at a first-ever children’s version of the infamous gathering of software renegades, lock pickers and social engineers. DEFCON Kids will take place in Las Vegas on August 6-7 during the 19th annual DEFCON started by hackers…
LulzSec hacker group says Internet rampage over
SAN FRANCISCO (AFP) – Lulz Security hacker group said that it has ended an Internet rampage that included cyberattacks on videogame companies, police, and even a US spy agency website. “For the past 50 days we’ve been disrupting and exposing corporations, governments, often the general population itself, and quite possibly…
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- Maddow chides Virginia GOP’s hand-picked ‘slow-motion disaster’
Commentary
On Memorial Day, it’s time to make sure our veterans suffering from burn pit diseases get the care they need
By Nora Eisenberg
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Sexual harasser learns same old excuses don’t work anymore
By Amanda Marcotte
The real problem with 'check your privilege': It’s too generous
By Amanda Marcotte
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