Unfortunately, professor Anne Wortham is not able to come and speak on "Sociology in The Fountainhead," as she had planned. We wish Anne
Matthew Kluger yesterday received the longest sentence yet for insider trading: twelve years . That's a year longer than Raj Rajaratnam's,..
The Department of Justice is known for seeking harsh punishments against businessmen, but what does it do when it comes time to punish one of its own for recklessly exposing another person to disaster? Does it emulate that fictional icon of devotion to legal justice who said: I have often been severe in the course of my life towards others. That is just. I have done well. Now, if I were not severe towards myself, all the justice that I have done would become injustice. Ought I to spare myself more than others? No! What! I should be good for nothing but to chastise others, and not myself! Why, I should be a blackguard! Those who say, `That blackguard of a Javert!' would be in the right. . . . I must treat myself as I would treat any other man. (Victor Hugo, Les Miserables, I.vi.1)
Rep. Nancy Pelosi (D-Calif.), who touts as one of her "key" achievements as House speaker a bill to help women sue for pay discrimination and thereby force their employers to pay them more than they had agreed, held a press conference yesterday in which she complained that women are paid less than men in the private sector.
A small creamery went to farmers' markets and sold its products for cash. It then deposited the cash in a bank -- nearly $10,000 per deposit.
Businesses commonly charge women more than men to get their hair cut, and men more than women to get their backs waxed. "It's like day and night," says one hair spa manager. "It takes longer for men. It's more labor, more product." According to New York City's Department of Consumer Affairs, this is gender-pricing discrimination , and it must be stopped. Last year, the department alleged 580 such violations of what Commissioner Jonathan Mintz called "a very basic civil rights law." Almost none, Mintz says, came out of consumer complaints; the department has been conducting sweeps. Mintz acknowledges "there are completely legitimate reasons to charge different prices for different services," but these must be specified. "Reasons are not chromosomes." Perhaps he envisions that people getting their backs waxed will first have their back hairs counted, so that they can be charged on that basis.
Have you heard of the Chinatown buses? Have you heard of the Federal Motor Carrier Safety Administration? Well, while the former were transporting willing passengers up and down the east coast at low prices, the latter was conducting an investigation -- and now the FMCSA has ordered twenty-six bus companies and ten individuals to get out of the business , Bloomberg reports.
Over the past decade New York State has lost 3.4 million residents, with incomes totaling $119 billion, according to the Tax Foundation
Like Microsoft and Google before it, Apple tried to stay clear of Washington but is now "too big not to nail," writes David Boaz in the New York Daily News: According to Politico, the daily newspaper of lobbyists and political consultants, industry giant Apple spent a mere $500,000 in Washington in the first quarter of 2012, compared to more than $7 million Google and Microsoft spent on lobbying and related activities from January through March of this year.
Okay, this is about the Egyptian "Election 2012," not the American one. But Egypt is learning a lesson that America would do well to remember.Secular-leaning, educated, democracy activists succeeded in overthrowing Hosni Mubarak's dictatorship in Egypt last year. They wanted a free and democratic country. In the first round of presidential elections there this spring, they learned that freedom and democracy are not the same thing.
May 30, 2012 -- Website development work is currently underway on our site and this may result in some features, such as the Election 2012 tab, being temporarily unavailable. We apologize for any inconvenience.
As the second week of Rajat Gupta's insider-trading trial began, Judge Jed S. Rakoff asked both sides to "sharpen the presentation." "I am in awe of our jury for being attentive " to proceedings that have consisted largely of asking witnesses to review documents, he said.
Secondhand specialty shops in Washington, D.C., had some unwelcome visitors last month: bureaucrats and police telling them they needed..
In 1997, the Securities and Exchange Board of India established a process modeled on the U.S. practice of allowing alleged violators of Securities and Exchange Commission regulations to settle their cases without admitting or denying the allegations. Now SEBI is abolishing this option for many cases, the Deccan Herald reports.
After Steve Cooksey was diagnosed with diabetes, he adopted a paleo diet and a caveman-inspired exercise regimen. He shed 78 pounds, stabilized his blood sugar, and was able to get off drugs and insulin . But after he started a business and a blog to help others follow the same path, his state government accused him of practicing dietetics/nutrition without a license -- a crime under North Carolina law .
Last week, Sen. Rand Paul (R-Ky.) proposed to stop the FDA from sending out its own armed agents to make warrantless arrests, Reason.com reports. "I don’t think it’s a good idea to be arming bureaucrats to go on the farm to, with arms, to stop people from selling milk from a cow," Paul said. His amendment (which also would have protected speech about prune juice) failed. Only fifteen Republicans voted for it -- and no Democrats.
Our new video studio is now up and running--complete with green screen production capabilities. Special thanks to Aaron Rainwater for assembling the pro lighting kit.
Today SpaceX became the first private company to launch a spacecraft, its Dragon capsule, into orbit and berth it with the International Space Station. This is not only a triumph for Elon Musk, the company’s founder and visionary, and his team. It also is a giant step toward a future in which space is open to all humanity through the efforts of the private sector.
Last week, the Competitive Enterprise Institute released the latest edition of Ten Thousand Commandments , Clyde Wayne Crews Jr.'s overview of federal regulations. There are some striking figures there. By the government's own estimate, the total annual cost of regulations exceeds the total combined personal and corporate federal income tax, and adds up to half what the federal government spends. Crews argues that some of this expenditure substitutes for federal spending: If Congress wants a certain service provided, it can have the government do it, or avoid having the expenditure on its budget by forcing private entities to do it.
Robert Kwok, a former Yahoo executive, and Reema Shah, a former Ameriprise Financial portfolio manager, pleaded guilty to insider trading charges , the Wall Street Journal reports. Under a plea agreement, Kwok can expect a sentence of up to six months. Prosecutors accused Kwok of giving Shah inside information on Yahoo.
Unfortunately, professor Anne Wortham is not able to come and speak on "Sociology in The Fountainhead," as she had planned. We wish Anne
Matthew Kluger yesterday received the longest sentence yet for insider trading: twelve years . That's a year longer than Raj Rajaratnam's,..
The Department of Justice is known for seeking harsh punishments against businessmen, but what does it do when it comes time to punish one of its own for recklessly exposing another person to disaster? Does it emulate that fictional icon of devotion to legal justice who said: I have often been severe in the course of my life towards others. That is just. I have done well. Now, if I were not severe towards myself, all the justice that I have done would become injustice. Ought I to spare myself more than others? No! What! I should be good for nothing but to chastise others, and not myself! Why, I should be a blackguard! Those who say, `That blackguard of a Javert!' would be in the right. . . . I must treat myself as I would treat any other man. (Victor Hugo, Les Miserables, I.vi.1)
Rep. Nancy Pelosi (D-Calif.), who touts as one of her "key" achievements as House speaker a bill to help women sue for pay discrimination and thereby force their employers to pay them more than they had agreed, held a press conference yesterday in which she complained that women are paid less than men in the private sector.
A small creamery went to farmers' markets and sold its products for cash. It then deposited the cash in a bank -- nearly $10,000 per deposit.
Businesses commonly charge women more than men to get their hair cut, and men more than women to get their backs waxed. "It's like day and night," says one hair spa manager. "It takes longer for men. It's more labor, more product." According to New York City's Department of Consumer Affairs, this is gender-pricing discrimination , and it must be stopped. Last year, the department alleged 580 such violations of what Commissioner Jonathan Mintz called "a very basic civil rights law." Almost none, Mintz says, came out of consumer complaints; the department has been conducting sweeps. Mintz acknowledges "there are completely legitimate reasons to charge different prices for different services," but these must be specified. "Reasons are not chromosomes." Perhaps he envisions that people getting their backs waxed will first have their back hairs counted, so that they can be charged on that basis.
Have you heard of the Chinatown buses? Have you heard of the Federal Motor Carrier Safety Administration? Well, while the former were transporting willing passengers up and down the east coast at low prices, the latter was conducting an investigation -- and now the FMCSA has ordered twenty-six bus companies and ten individuals to get out of the business , Bloomberg reports.
Over the past decade New York State has lost 3.4 million residents, with incomes totaling $119 billion, according to the Tax Foundation
Like Microsoft and Google before it, Apple tried to stay clear of Washington but is now "too big not to nail," writes David Boaz in the New York Daily News: According to Politico, the daily newspaper of lobbyists and political consultants, industry giant Apple spent a mere $500,000 in Washington in the first quarter of 2012, compared to more than $7 million Google and Microsoft spent on lobbying and related activities from January through March of this year.
Okay, this is about the Egyptian "Election 2012," not the American one. But Egypt is learning a lesson that America would do well to remember.Secular-leaning, educated, democracy activists succeeded in overthrowing Hosni Mubarak's dictatorship in Egypt last year. They wanted a free and democratic country. In the first round of presidential elections there this spring, they learned that freedom and democracy are not the same thing.
May 30, 2012 -- Website development work is currently underway on our site and this may result in some features, such as the Election 2012 tab, being temporarily unavailable. We apologize for any inconvenience.
As the second week of Rajat Gupta's insider-trading trial began, Judge Jed S. Rakoff asked both sides to "sharpen the presentation." "I am in awe of our jury for being attentive " to proceedings that have consisted largely of asking witnesses to review documents, he said.
Secondhand specialty shops in Washington, D.C., had some unwelcome visitors last month: bureaucrats and police telling them they needed..
In 1997, the Securities and Exchange Board of India established a process modeled on the U.S. practice of allowing alleged violators of Securities and Exchange Commission regulations to settle their cases without admitting or denying the allegations. Now SEBI is abolishing this option for many cases, the Deccan Herald reports.
After Steve Cooksey was diagnosed with diabetes, he adopted a paleo diet and a caveman-inspired exercise regimen. He shed 78 pounds, stabilized his blood sugar, and was able to get off drugs and insulin . But after he started a business and a blog to help others follow the same path, his state government accused him of practicing dietetics/nutrition without a license -- a crime under North Carolina law .
Last week, Sen. Rand Paul (R-Ky.) proposed to stop the FDA from sending out its own armed agents to make warrantless arrests, Reason.com reports. "I don’t think it’s a good idea to be arming bureaucrats to go on the farm to, with arms, to stop people from selling milk from a cow," Paul said. His amendment (which also would have protected speech about prune juice) failed. Only fifteen Republicans voted for it -- and no Democrats.
Our new video studio is now up and running--complete with green screen production capabilities. Special thanks to Aaron Rainwater for assembling the pro lighting kit.
Today SpaceX became the first private company to launch a spacecraft, its Dragon capsule, into orbit and berth it with the International Space Station. This is not only a triumph for Elon Musk, the company’s founder and visionary, and his team. It also is a giant step toward a future in which space is open to all humanity through the efforts of the private sector.
Last week, the Competitive Enterprise Institute released the latest edition of Ten Thousand Commandments , Clyde Wayne Crews Jr.'s overview of federal regulations. There are some striking figures there. By the government's own estimate, the total annual cost of regulations exceeds the total combined personal and corporate federal income tax, and adds up to half what the federal government spends. Crews argues that some of this expenditure substitutes for federal spending: If Congress wants a certain service provided, it can have the government do it, or avoid having the expenditure on its budget by forcing private entities to do it.
Robert Kwok, a former Yahoo executive, and Reema Shah, a former Ameriprise Financial portfolio manager, pleaded guilty to insider trading charges , the Wall Street Journal reports. Under a plea agreement, Kwok can expect a sentence of up to six months. Prosecutors accused Kwok of giving Shah inside information on Yahoo.