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22 Feb 2012 14:06

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Politics: Congressman wants to take away TSA’s spare change … literally

  • $409,085 in change left in 2010 source
  • » But where does it all go? Since 2005, Congress has allowed the Transportation Security Administration (TSA) to use forgotten money left behind by passengers as part of their operating budget, although the agency says it works hard to return the money left by passengers. But a new proposal in the House of Representatives, introduced by Rep. Jeff Miller (R-FL), would change that. Miller’s proposal would send all forgotten monies, collected by the TSA, to the USO instead, and may expand the bill to include higher value items like sunglasses, cameras, and computers. He’s convinced that taxpayers and travelers alike would both prefer it this way. But we’re wondering, what do YOU think of this new plan?
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18 Feb 2012 17:23

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Politics: New Jersey Gov. Chris Christie vetoes same-sex marriage bill

New Jersey Governor Chris Christie

  • Less than 24 hours after the state assembly sent a same-sex marriage bill to his desk New Jersey Governor Chris Christie followed through on his promise to veto the measure, and continued his call for a ballot question. In his veto, the governor cited a continued belief that citizens should decide whether or not to redefine the state’s legal definition of marriage, and included a proposal for the creation of an ombudsman to oversee compliance with the state’s existing civil union laws. Many say the existing laws are both flawed and discriminatory. State Senate President Steve Sweeney(D) condemned the move, saying that Governor Christie, “had a chance to do the right thing, and failed miserably.” (image courtesy of flickr user bobjagendorf) source
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18 Feb 2012 13:08

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Biz, Tech: Mike D gets respect, opportunity to vote on AT&T’s net neutrality policy

  • They didn’t say anything about cash or jewelry, but the SEC did side with three AT&T investors — including the Beastie Boys’ Michael “Mike D” Diamond — who believed that shareholders should have a vote in the company’s net neutrality policy, because it has become part of the national debate. AT&T argued that the vote would “directly interfere with its network management practices”, but ultimately the SEC ruled that wireless providers must now allow for shareholder votes on net neutrality proposals. Should such proposals pass, providers would be required to “operate a neutral network with neutral routing along the company’s wireless infrastructure.” source
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18 Feb 2012 12:46

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World: Amanda Knox’s jailhouse story scores major financial windfall

  • 4 years is how long Amanda Knox spent behind bars; the foreign-exchange student was released from an Italian jail after being acquitted of murdering her roommate late last year
  • $4 million how much publisher HarperCollins reportedly plans to pay for her story; Reports of the book deal, which includes world-wide publishing rights, point to an early 2013 release source
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18 Feb 2012 12:07

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Tech, World: Audit proves the obvious: Foxconn not a fun place to work

  • Foxconn is cooperating fully with this audit and we will review and act on all findings and recommendations. This is a very professional and thorough review and any deficiencies the FLA might find in the implementation of customer or Foxconn policies will be addressed.
  • Electronic parts manufacturer Foxconn • In an emailed statement to Bloomberg, after reports surfaced that the Fair Labor Association auditors have found “tons of issues” during their investigation of Foxconn’s Shenzhen facility.  FLA Chief Executive Officer Auret van Heerden revealed the discovery during a phone interview, following a multi-day review of the facility, and reportedly while he headed to meet with Foxconn management and present the organization’s findings. A number of corporations, most notably Apple, outsource their manufacturing to Foxconn and a number of similar companies. source
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18 Feb 2012 12:00

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Politics: U.S. Supreme Court paves way for Citizens United rematch

U.S. Supreme Court Chambers

  • Time for Citizens United: Round 2? Yesterday, the U.S. Supreme Court stayed the Montana Supreme Court’s decision to uphold the state’s longstanding campaign finance laws banning corporate political spending, American Tradition Partnership v. Bullock. The decision came after American Tradition Partnership and two Montana businesses filed an application asking the Court to strike down the Montana Supreme Court’s decision. ATP now has until the end of March to formally request that the Court review the Montana Supreme Court’s decision. If they don’t, the Montana’s decision would stand, but should they file the request, it would pave the way for a full review of the controversial Citizens United decision. (photo courtesy of flickr user kenudigit)  source
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16 Feb 2012 18:39

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Biz: Still think Detroit’s going bankrupt? Check out GM’s killer numbers

  • $4.7 billion General Motors’ posted earnings for the 2010 fiscal year
  • $7.6 billion General Motors’ posted earnings for the 2011 fiscal year source
  • » What a record to break! One year removed from bankruptcy, American automaker General Motors posted record-setting earnings for the 2011 fiscal year. In recent weeks/months many investors worried that GM’s overseas operations would drag down the company’s year-end totals. GM lost a total of $747 million in European markets, with $562 million of the losses occurring in the fourth quarter alone. In South America, where the company reported $818 million in earnings for 2010, GM reported a net loss of $122 million. However, not only did the company defy global expectations, GM managed to break its former $6.7 billion earnings record, set in 1996.
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16 Feb 2012 12:28

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Politics, U.S.: Obama’s health care plan benefited tens of millions in 2011

  • 54 million people benefited from the Affordable Care Act in 2011 source
  • » Approximately one-sixth of Americans received one or more additional preventive care services in 2011, as a direct result of the Affordable Care Act, according to a newly released report from the U.S. Department of Health & Human Services. Over 20 million adult women received an additional service, as well as 14 million children, and just under 20 million adult men. Of the 50 states, Wyoming had the fewest patients (102,000) receive a new service while California took the cake with more than 6 million patients, over 2 million more than 2nd place Texas, receiving at least one new preventive service last year.
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11 Feb 2012 15:04

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Politics, Tech: The official 3G dead-zone map, courtesy of the FCC

The Official 3G Deadzone Map, Courtesy of the FCC

  • FCC announces creation of mobility fund: In a press release Friday morning, the FCC reaffirmed its commitment to increasing broadband and mobile coverage in rural areas. The agency announced the creation of a new Mobility Fund, a new addition to the Connect America Fund, created to “accelerate our nation’s ongoing efforts to close gaps in mobile wireless service.” Included in the press release was a reminder that the agency will soon host a $300 million reverse auction, with the winner receiving $300 million to provide rural broadband coverage. They also revealed an interactive map of the nation’s worst coverage areas, created with online map-making tool MapBox. source
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11 Feb 2012 11:59

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Culture, Sports, U.S.: Jeremy Lin lights up Lakers, sets new team record for Knicks

  • 89 points scored by Jeremy Lin during his first three starts with the New York Knicks this week
  • 80 points scored by former team record-holder Bill Cartwright in his first three starts, way back in 1979-1980 source
  • » What can’t he do? With a solid showing against the Los Angeles Lakers on Friday, including a career-high 38 points scored, Jeremy Lin set a new Knicks team record (EDIT: And league record) for the most points scored by a player in their first three starts since the NBA-ABA merger. He’s also one game away from matching Lebron James’ — 20 point, 5 assist, 50 percent shooting — four-game performance streak, the longest streak by any player this season.
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