Articles and Resources
Date Fairness.com Resource Read it at: Feb 27, 2013 Why It’s Smart to Be Reckless on Wall Street
QUOTE: That asymmetry in pay (money for profits, flat for losses) is the engine behind many of Wall Street’s mistakes. It rewards short-term gains without regard to long-term consequences. The results? The over-reliance on excessive leverage, banks that are loaded with opaque financial products, and trading models that are flawed. Regulation is largely toothless if banks and their employees have the financial incentive to be reckless.
Scientific American Nov 03, 2012 One Safety Net That Needs to Shrink (Fair Game)
QUOTE: ...Dodd-Frank actually widened the federal safety net for big institutions. Under that law, eight more giants were granted the right to tap the Federal Reserve for funding when the next crisis hits. At the same time, those eight may avoid Dodd-Frank measures that govern how we’re supposed to wind down institutions that get into trouble.
New York Times Mar 20, 2012 Florida shooting renews debate over 'stand your ground' laws
QUOTE: Florida's 2005 "stand-your-ground" law...allows people to use deadly force away from their homes -- where such force has long been allowed -- if they have reasonable fear an assailant could seriously harm them or someone else. It also eliminated a longstanding "duty to retreat" in the face of imminent harm...
CNN (Cable News Network) Mar 06, 2012 Female service members sue U.S. military for alleged rape, sexual assault
QUOTE: '"Although defendants testified before Congress and elsewhere that they have 'zero tolerance' for rape and sexual assault, their conduct and the facts demonstrate the opposite: They have a high tolerance for sexual predators in their ranks, and 'zero tolerance' for those who report rape, sexual assault and harassment," according to the lawsuit...'
CNN (Cable News Network) Feb 29, 2012 Is It Really My Fault if You Don’t Pay Me? (Boss Blog)
QUOTE: It is certainly true that when you extend credit, you take some risk that you will not get paid. But Mr. Benjamin seems to be saying that it is all the creditor’s fault and the debtor bears no responsibility. That just might be the grand daddy of entitlements. Is he saying that if you go into business, you are entitled to stick your creditors if they are stupid enough to continue to give you credit even when you might be in trouble?
New York Times Jul 28, 2011 Useless Studies, Real Harm (Op-Ed)
QUOTE: In an age of for-profit clinical research, this is the new face of scandal. Pharmaceutical companies promote their drugs with pseudo-studies that have little if any scientific merit, and patients naïvely sign up, unaware of the ways in which they are being used.
New York Times Jul 15, 2011 After Long Battle, Safer Cribs
QUOTE: The Consumer Product Safety Commission has issued new regulations for cribs that the authorities say are the toughest in the world....some manufacturers had not had all of their cribs certified by testing laboratories, frustrating some retailers who have been stuck with cribs that they are not permitted to sell.
New York Times Jun 14, 2011 Banks Turn to Schumer on Patents
QUOTE: After years of fighting Mr. Ballard at the federal Patent Office, in court and across a negotiating table, the banks went to see one of their best friends in Congress, Senator Charles E. Schumer of New York, who inserted into a patent overhaul bill a provision that appears largely aimed at helping banks rid themselves of the Ballard problem.
New York Times May 21, 2011 Was It Something I Wrote?
QUOTE: In Russia today, journalists are murdered like Anna Politkovskaya, beaten like Oleg Kashin and intimidated like me... The real problem is that journalists are ignored.
New York Times Apr 19, 2011 Stripped of Dignity
QUOTE: [airline security] system does not seem smartly tailored to focus on dangerous people rather than “good, law-abiding people.” So kids, seniors and those with disabilities, joint replacements and other medical conditions — things they already feel embarrassed about — end up getting harassed.
New York Times Dec 11, 2010 A Secretive Banking Elite Rules Trading in Derivatives
QUOTE: Drawn from giants like JPMorgan Chase, Goldman Sachs and Morgan Stanley, the bankers form a powerful committee that helps oversee trading in derivatives, instruments which, like insurance, are used to hedge risk. In theory, this group exists to safeguard the integrity of the multitrillion-dollar market. In practice, it also defends the dominance of the big banks.
New York Times Oct 28, 2010 On Wall Street: All Reward, No Risk
QUOTE: For the life of me, I can’t figure out why Wall Street bankers, traders and executives get paid so much money year after year for doing jobs that rarely require them to innovate, enlighten or put their own capital at risk, and have the nasty habit of periodically sinking our economy.
New York Times Jul 02, 2010 Illinois Stops Paying Its Bills, but Can’t Stop Digging Hole (Payback Time)
ABSTRACT: For the last few years, California stood more or less unchallenged as a symbol of the fiscal collapse of states during the recession. Now Illinois has shouldered to the fore, as its dysfunctional political class refuses to pay the state’s bills and refuses to take the painful steps — cuts and tax increases — to close a deficit of at least $12 billion, equal to nearly half the state’s budget.
New York Times Jun 25, 2010 Natural Disasters Happen. Will Your Home Be Ready?
QUOTE: Getting out of your home safely is the priority in a storm. But from a financial point of view, homeowners should focus on protecting their property long before a storm is bearing down.
New York Times Jun 01, 2010 Antiradiation Products With Some Science in Them
QUOTE: There is still no definitive evidence that electromagnetic radiation from wireless devices like cellphones and Wi-Fi networks is hazardous. But many companies are profiting from public concern about the issue, most by selling unscientific placebos, usually pendants or decals that do nothing to stop the radiation.
New York Times May 24, 2010 In Standoff With Environmental Officials, BP Stays With an Oil Spill Dispersant
QUOTE: While the Corexit products, made by the Nalco company of Naperville, Ill., are the time-tested old faithfuls of oil spill treatment, they were developed in the 1980s and ’90s, and critics say that less toxic and more effective products are now available....Complicating the standoff between the company and regulators, there are many methods for estimating the toxicity of chemical oil dispersants and no single standard prevails.
New York Times May 14, 2010 Genetically Engineered Distortions
QUOTE: genetic engineering can be used not just to modify major commodity crops in the West, but also to improve a much wider range of crops that can be grown in difficult conditions throughout the world. Doing that also requires opponents to realize that by demonizing the technology, they’ve hindered applications of genetic engineering that could save lives and protect the environment.
New York Times May 08, 2010 For BP, a History of Spills and Safety Lapses
QUOTE: After BP’s Texas City, Tex., refinery blew up in 2005...The next year, when a badly maintained oil pipeline ruptured and spilled 200,000 gallons of crude oil over Alaska’s North Slope...Despite those repeated promises to reform, BP continues to lag other oil companies when it comes to safety...
New York Times Apr 16, 2010 Out of the Loop in Silicon Valley
QUOTE: Though many people say that outright sexism is rare in the tech world these days, the barriers that Ms. Fleming encountered aren’t unusual....Women own 40 percent of the private businesses in the United States, according to the Center for Women’s Business Research. But they create only 8 percent of the venture-backed tech start-ups...
New York Times Apr 07, 2010 West Virginia mine has been cited for myriad safety violations
QUOTE: The West Virginia mine where at least 25 workers died Monday in an explosion was written up more than 50 times last month for safety violations. Twelve of the citations involved problems with ventilating the mine and preventing a buildup of deadly methane.
Washington Post Mar 31, 2010 Pay of Hedge Fund Managers Roared Back Last Year
QUOTE: in a startling comeback, top hedge fund managers rode the 2009 stock market rally to record gains, with the highest-paid 25 earning a collective $25.3 billion, according to the survey, beating the old 2007 high by a wide margin.
New York Times Feb 28, 2010 IOC failing in its responsibility to the Olympics
QUOTE: the primary achievements of his millennial Olympic movement are unwieldy growth, a breathtaking collaboration with regimes that commit human rights abuses, and a shucking of responsibility for Olympic-sized ills.
Washington Post Feb 17, 2010 Wall Street's Bailout Hustle: Goldman Sachs and other big banks aren't just pocketing the trillions we gave them to rescue the economy - they're re-creating the conditions for another crash
QUOTE: there's still a widespread misunderstanding of how exactly Wall Street "earns" its money, with emphasis on the quotation marks around "earns." The question everyone should be asking, as one bailout recipient after another posts massive profits — Goldman reported $13.4 billion in profits last year, after paying out that $16.2 billion in bonuses and compensation — is this: In an economy as horrible as ours, with every factory town between New York and Los Angeles looking like those hollowed-out ghost ships we see on History Channel documentaries like Shipwrecks of the Great Lakes, where in the hell did Wall Street's eye-popping profits come from, exactly?
Rolling Stone Nov 18, 2009 DNA Testing Firm Goes Bankrupt; Who Gets the Data? (Threat Level)
QUOTE: An Icelandic firm that offers private DNA testing to customers has filed for bankruptcy in the U.S., raising privacy concerns about the fate of customer DNA samples and records, according to the Times of London.
Wired Nov 17, 2009 For Sale: Human Eggs Become a Research Commodity: A decision to pay for eggs for stem cell studies sparks debate
QUOTE: Paying a woman for her eggs to use in stem cell research has been a bioethical no-no for years. But this past June, New York State decided to allow just that, becoming the first state to permit public money to be used in this way. The decision, which allows payment of up to $10,000, will likely jump-start donations—and thereby research. Many bioethicists, however, worry that the financial incentive could exploit women and compromise their health.
Scientific American Oct 22, 2009 Research Uproar at a Cancer Clinic
QUOTE: community [research] centers may not always be adhering to the rigorous protocols of research medicine that the National Cancer Institute expects them to follow.
New York Times Oct 10, 2009 The Gift of Life, and Its Price (21st Century Babies)
QUOTE: While IVF creates thousands of new families a year, an increasing number of the newborns are twins, and they carry special risks often overlooked in the desire to produce babies.
New York Times Oct 08, 2009 Cuba bloggers test government limits
QUOTE: [Cuban] Bloggers - many of whom were born after the 1959 revolution - are trying to move debate away from the established official doctrine to exploring social and economic issues
British Broadcasting Corporation (BBC) Oct 02, 2009 Soldiers' Data Still Being Downloaded Overseas, Firm Says: Sensitive Information Found by Using 'Peer to Peer' File-Sharing Software
QUOTE: The personal data of tens of thousands of U.S. soldiers -- including those in the Special Forces -- continue to be downloaded by unauthorized computer users in countries such as China and Pakistan, despite Army assurances that it would try to fix the problem...
Washington Post Oct 02, 2009 Dark and Bitter: Food workers increasingly exist in a legal limbo with no protections for wages, benefits, job security, or life and limb. Why are employers like Hershey off the hook?
QUOTE: In this new world, workers are paid only when needed. There are no more messy layoffs -- merely the end of an assignment. All the risks are shifted to workers. Staffing agencies often tout their services as giving employees flexibility and variety, but [Nik] Theodore's research shows they are worse off by many measures.
American Prospect Sep 21, 2009 Benefit and Doubt in Vaccine Additive
QUOTE: Are Americans obligated to use an unproven vaccine to help protect people in other countries from the flu pandemic?
New York Times Sep 16, 2009 Cybersecurity - or lack thereof - alarms experts
QUOTE: Government entities and commercial organizations are failing to protect themselves effectively in the areas in which they are most vulnerable.
San Francisco Chronicle Sep 15, 2009 Where Cancer Progress Is Rare, One Man Says No (Forty Years' War)
QUOTE: cancer has proven difficult to crack, leading to frustration among executives and advocates who wonder why the Food and Drug Administration is not approving more drugs.
New York Times Sep 02, 2009 Pain-free animals could take suffering out of farming
QUOTE: might "pain-free" be the next sticker slapped onto a rump roast? As unlikely as that may seem, progress in neuroscience and genetics in recent years makes it a very real possibility. In fact, according to one philosopher, we have an ethical duty to consider the option.
New Scientist Aug 31, 2009 Keeping genes out of terrorists' hands: Gene-synthesis industry at odds over how to screen DNA orders.
QUOTE: A standards war is brewing in the gene-synthesis industry. At stake is the way that the industry screens orders for hazardous toxins and genes
Nature Aug 31, 2009 PSA Test: More Harm Than Good? Study: 1 Million Men Suffered Needless Treatment After Prostate Cancer Test
QUOTE: The PSA prostate cancer screening test does more harm than good, a new study suggests.
WebMD Aug 29, 2009 Long-range Taser reignites safety debate
QUOTE: THE manufacturer of the Taser stun gun is sparking new controversy with the commercial launch of a long-range version that can be fired from a 12-bore shotgun.
New Scientist Aug 27, 2009 ACLU chapter flags Facebook app privacy (The Social)
QUOTE: The Northern California chapter of the American Civil Liberties Union has put out a campaign designed to raise awareness of the privacy implications of Facebook's developer platform.
CNET Aug 26, 2009 Study Finds Radiation Risk for Patients
QUOTE: At least four million Americans under age 65 are exposed to high doses of radiation each year from medical imaging tests, according to a new study...
New York Times Aug 26, 2009 Debate on lithium batteries reignites
QUOTE: Pilots are calling for a ban on all lithium-based battery shipments on passenger and cargo jets.
USA TODAY Aug 25, 2009 Herbicide Found in Water May Pose Greater Danger (Green)
QUOTE: Drinking water containing a common herbicide could pose a greater public health risk than previously thought because regular municipal monitoring doesn't detect frequent spikes in the chemical's levels...
Washington Post Aug 25, 2009 Old American Dams Quietly Become a Multibillion-Dollar Threat
QUOTE: More than 2,000 dams near population centers are in need of repair, according to statistics released this month by the Association of State Dam Safety Officials.
Wired Aug 21, 2009 The Deadly Cost of Swooping In to Save a Life (Fatal Flights A Perilous Rush to Profit
QUOTE: Yet as crashes and deaths have mounted [in medical helicopter accidents], top executives at the Federal Aviation Administration and its parent agency, the U.S. Transportation Department, have acted as partners with the industry, issuing reams of voluntary safety advisories with little follow-up. The FAA has sent poorly trained inspectors to monitor operators and used fines and penalties as only a last resort.
Washington Post Aug 18, 2009 Nanoparticle safety in doubt: Lung damage in Chinese factory workers sparks health fears.
QUOTE: Claims that seven Chinese factory workers developed severe lung damage from inhaling nanoparticles are stoking the debate over the environmental-health effects of nanotechnology.
Nature Aug 18, 2009 Live From the O.R.: The problems with broadcasting surgeries as they happen.
QUOTE: Combining education with entertainment and patient care with promotion, live telesurgery is a fixture at surgical conferences and marketing campaigns by hospitals and medical device manufacturers
Slate Aug 18, 2009 You Say “Solution,” I Say “Pollution:” Ocean Fertilization is a Fishy Solution to a Whale of a Problem
QUOTE: There are many compelling scientific arguments both for and against geoengineering via ocean fertilization... But even if our best science indicates that ocean fertilization will succeed, there are clear ethical reasons to rule it out...
Science Progress Aug 12, 2009 Yale Press Bans Images of Muhammad in New Book
QUOTE: ...Yale University and Yale University Press consulted two dozen authorities, including diplomats and experts on Islam and counterterrorism, and the recommendation was unanimous: The book, “The Cartoons That Shook the World,” should not include the 12 Danish drawings [depicting Muhammad] that originally appeared in September 2005. What’s more, they suggested that the Yale press also refrain from publishing any other illustrations of the prophet that were to be included...
New York Times Aug 06, 2009 Struggling to hold up a bank: The trouble with nuclear fuel
QUOTE: all [efforts to get rid of nuclear missiles] will be in vain unless better ways can be found to deal with a practical problem as old as the nuclear age: how to stop nuclear technologies that can be used legitimately for making electricity from being abused for bomb-making. Efforts to tackle it are in a muddle.
Economist Aug 05, 2009 Responsible Twittering: The company's security issues are well-known, but users also need to be more responsible about what they tweet.
QUOTE: While this [network hacking] highlights the risks associated with applications in the cloud, it isn't the only security risk associated with Twitter. In addition there are risks with people spoofing other identities, risks of people disclosing sensitive data and people creating risks by talking about some of their activities.
Forbes Aug 03, 2009 Did China's Nuclear Tests Kill Thousands and Doom Future Generations?
QUOTE: Three decades on, [Enver] Tohti, now a medical doctor, is launching an investigation into the toll still being taken—and one that the Chinese government steadfastly refuses to acknowledge. A few hundred thousand people may have died as a result of radiation from at least 40 nuclear explosions carried out between 1964 and 1996 at the Lop Nur site in Xinjiang...
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