03.26.14

More Economic Injustices and New Bitcoin FUD

Posted in Finance at 4:38 am by Dr. Roy Schestowitz

Forex

UK

  • Six More Years of Tory Rule

    The raison d’etre of the Tories is to ensure the state runs smoothly in the interest of the 1% of the population who own 70% of the wealth. Blair made sure New Labour had the same objective, the only purpose of the party structures now being as career ladders for the likes of Blair to join the 1%.

  • DWP plans to ditch ridiculed jobs website

    Universal Jobmatch set to be jettisoned after it was found to be carrying a series of fake, repeat or fraudulent jobs ads

  • Councils using controversial lie detector tests to catch benefit fraudsters

    ‘Voice risk analysis’ being used by 24 English authorities at a cost of millions – despite scientists’ claims that it ‘does nothing’

  • Figures show huge rise in zero-hours contracts

    The scale of the use of zero-hours contracts has been revealed after a revision of official figures showed that nearly 583,000 employees – more than double the government’s estimate – were forced to sign up to the controversial conditions last year.

    A “rising tide of insecurity” in the job market since the last election was allowing employers to turn a “once marginal and niche element of the labour market” into the norm, Labour claimed on Sunday evening.

  • Age UK sounds alarm over cuts to care for older people
  • Report reveals little evidence foreign migrants put British workers out of jobs

    Conservatives insist official study, previously blocked by Downing St, supports their policy of reducing net immigration

  • London’s Laundry Business

    The city has changed. The buses are still dirty, the people are still passive-aggressive, but something about London has changed. You can see signs of it everywhere. The townhouses in the capital’s poshest districts are empty; they have been sold to Russian oligarchs and Qatari princes.

    [..]

    But Britain has already undermined any unified action by putting bankers’ profits first.

Europe

  • Profiting from crisis – How corporations and lawyers are scavenging profits from Europe’s crisis countries

    Since the economic crisis hit Europe, international investors have begun suing EU countries struggling under austerity and recession for a loss of expected profits, using international trade and investment agreements. This is revealed by a new report released today by the Transnational Institute and Corporate Europe Observatory. The investors – and the lawyers involved – are scavenging for profits amidst crisis-hit nations, providing a salutary warning of the potential high costsof the proposed trade deal between the US and the EU, which start its fourth round of negotiations today in Brussels.

US

  • WOW! Look at 10 Years of Fast Food Price Inflation!
  • Wealth Over Work
  • Who Needs a Boss?

    Arizmendi and its five sister bakeries in the Bay Area are worker-owned cooperatives, an age-old business model that has lately attracted renewed interest as a possible antidote to some of our most persistent economic ills. Most co-ops in the U.S. are smaller than Arizmendi, with around a dozen employees, but the largest, Cooperative Home Care Associates in the Bronx, has about 2,000. That’s hardly the organizational structure’s upper limit. In fact, Arizmendi was named for a Spanish priest and labor organizer in Basque country, José María Arizmendiarrieta. He founded what eventually became the Mondragon Corporation, now one of the region’s biggest employers, with more than 60,000 members and 14 billion euro in revenue. And it’s still a co-op.

  • What I learned from a shoeless Mark Cuban at SXSW

    To join EO, your company must be raking in at least $1 million in revenue, so I suddenly found myself surrounded by well-dressed, well-connected go-getters in fancy shoes, mingling and networking while waiting to pick the brain of one of America’s most charismatic billionaires. I rolled up in a hotel shuttle van, wearing dirty, fake-leather boots and a giant backpack of phone chargers and miscellaneous swag—the only person wearing a SXSW badge, my event nametag handwritten with Sharpie instead of laser-printed, my thrifted jacket soggy with the rain that had pelted downtown’s festival grounds all morning.

  • Regulator’s 10% spending rule set to ‘take the crowd out of crowdfunding’

    Financial Conduct Authority wants to prevent ordinary investors using more than 10% of their savings buying shares in peer-to-peer funded companies

  • Box IPO papers reveal it’s losing money in a big way

    Box has capitalized on the growing popularity among businesses of storing data in the cloud, where it can be accessed from a variety of devices including smartphones and tablets, giving employees more flexibility.

Bitcoin

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What Else is New

  1. Censored EPO Publication: Staff Representatives Cannot Comment on the Survey Conducted by the Office's Management

    EPO management tried to muzzle EPO staff after the Office-wide staff survey turned out to be “nothing short of a disaster.”

  2. Censorship at the EPO is Counterproductive, Rendering the Censored Publications More Seductive and Censored People More Disgruntled

    The efforts to gag Techrights or to intimidate us have all been unfruitful; in a sense, they encouraged us to focus on EPO scandals even more and arguably invoked the 'Streisand Effect' at the EPO (most workers read this site, no matter what their bosses say)

  3. EPO Management Has No Plans Other Than Granting Loads of Invalid Patents (e.g. Software Patents) to Pocket Fees and Then Grift/Gamble With the Money

    The EPO does not know what the hell it’s doing; it’s more of that magical festival-like thinking, as if running a patent office is Eurovision

  4. Links 1/12/2020: KDE Plasma 5.20.4, GNU Octave 6.1, OpenZFS 2.0, and PinePhone KDE Community Edition

    Links for the day

  5. [Meme] Public Servants Who Only Serve Themselves and Their Predecessors (Who Gave Them the Job)

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  6. Censored EPO Publication: Battistelli Can Have His Multi-Billion Euro EPO Scam, So Why Can't Campinos Too?

    Mr. Campinos, seeing what Mr. Battistelli has managed to get away with (the Commission approves, having been infiltrated by friends of the ringleaders), piggybacks or follows the steps of his appointer by blasting almost a billion euros on a worthless project with no real purpose and the Central Staff Committee (CSC) warns it has "very high risk of mismanagement and fraud"

  7. Staff Representation of the EPO Explains to EPO Management That It's Breaking the Law, Robbing the Staff, and Lying to Staff

    Human rights, basic dignity and labour protections of EPO staff are routinely violated and the staff is also being robbed based on false pretenses; the staff representatives write to refute "[t]he Office’s report [which] has been made available on the Intranet"

  8. European Commission's Thierry Breton Covers Up EPO Corruption For His Friend Benoît Battistelli

    Thierry Breton is the sort of official who causes people to vote for Brexit (or similar exits from the EU); he’s enthusiastically defending EPO corruption and he also calls for constitutional violations in many member states — all in the name of patent maximalism (Team UPC’s coup attempt)

  9. IRC Proceedings: Monday, November 30, 2020

    IRC logs for Monday, November 30, 2020

  10. Links 30/11/2020: GhostBSD 20.11.28, Nitrux 1.3.5, Linux 5.10 RC6, GNOME Circle, Microsoft Collapses Again in Web Server Share

    Links for the day

  11. Alternatives to the World Wide Web, to HTML, to HTTP/S, and to the Internet

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  12. Management of the EPO Dragged to the International Labour Organisation Over Its Assault on the Right to Strike

    Opinion on strikes challenged by the Central Staff Committee of Europe's second-largest organisation; if strike rights are almost abolished there, what hope is there for the rest of Europe?

  13. [Meme] Management of the EPO Cannot Let the Staff Breathe or Smell Freedom

    Working for the EPO means giving up on one’s human rights; that’s the sort of conclusion many workers have reached

  14. “ViCo” is Nothing New (Not Even the Acronym), Done on 9/11 Last Year, Been Possible as Long as the EPO Has Existed

    Contrary to what many people are led to believe, the EPO isn't embracing innovation, it's just embracing COVID-19 and leveraging lock-downs (de facto house arrest to some) to impose an illegal practice on EPO staff and EPO stakeholders

  15. Release: Early Letters and Documents About Financial Hoax Disguised as EPO 'Study'

    It was over a year ago that staff representation at the EPO expressed concerns about what would later enrage workers — seeing that based on unscientific fabrications the EPO would take away what had been promised to them

  16. IRC Proceedings: Sunday, November 29, 2020

    IRC logs for Sunday, November 29, 2020

  17. Managing IP: Puff Pieces Galore for the EPO's Dictatorship (Complete With Buzzwords and PR Stunts)

    By giving a platform to notorious patent trolls and ‘engaging’ with the EPO‘s dictator (whom only 3% of EPO staff trusts) Managing IP is sort of giving away its real agenda, which isn’t journalism but conducting or assisting misinformation campaigns

  18. Links 29/11/2020: Genode OS Framework 20.11, Linux 5.11 Kernel Changes, and Latest in KDE Itinerary

    Links for the day

  19. Sincere Thoughts About Outreachy

    Outreachy's role in the Free software community and inclusion in the FSF's High Priority Projects, as seen from the eyes of a female coder from a minority group; she used to work for the Free Software Foundation (FSF) and she expresses concerns about what Outreachy has become

  20. Free Software Under Tyranny of Codes of Conduct as the Western Equivalent of Blasphemy Law (Corporations as the New Religion/Sponsors as Deities)

    The free speech crisis in Free software communities has enabled expulsion of opinionated people whose opinions truly matter; in their place we now have companies that bomb people, sometimes even kidnapping children and sterilising women because nothing says “Ethics” like naked fascism and corporate domination everywhere

  21. Release: 4 More Documents and Letters About the Financial Siege at Europe's Second-Largest Institution

    Documents disputing the accuracy of the "hoax" from António Campinos and the Mercers

  22. One Year Ago: The Last EPO Demonstration Before COVID-19

    About a year ago staff of the EPO apparently had its last protest (in front of the Isar building) before staff got ‘herded’ into homes, where workers became more isolated and even illegally spied on

  23. [Meme] Unified Patent Court Agreement (UPCA) is an Attack on Europe and the European Businesses That Don't Do Litigation

    Litigation lawyers and patent zealots want to set Europe ablaze with legislation that they themselves crafted; thankfully, however, they face constitutional obstacles, no matter how many politicians they bamboozle and buy

  24. Reasons EPO Staff Decided to Go on Strike This Year (Before or Until Coronavirus Prevented It)

    An year-old letter from the Staff Union of the European Patent Office (SUEPO) to the President of the EPO; 7 reasons for going on strike are enumerated

  25. EPO Can Save Money by “Dropping Events Like the Inventor of the Year, Reducing the Number of Managers, Throwing Less Money at Consultants or Bringing the Boards of Appeal Back into Office Buildings.”

    Constructive suggestions from EPO staff, made just over a year ago and assembled into a letter to their EPO colleagues

  26. The Real Fate of the UPC 'Stunt' in Germany Will be Known Next Month (or Next Year) and There Are Substantial Constitutional Barriers in the Way

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  27. Microsoft Removes Free Software From GitHub Again, This Time for Motion Picture Association (MPA)

    GitHub is proving to be more of a censorship site than a code-sharing site; with the GitHub takeover Microsoft became a 'censorship police' or force of occupation against its ideological competition; just weeks after the YouTube-DL debacle and further take-downs seeking to 'protect' broken DRM schemes (by banning code) we can see that Microsoft isn't defending developers at all; it's just protecting the interests of MPA, RIAA and other Biden circles from the interests of the general population, which sometimes circumvents perfectly circumventable 'DRM' schemes

  28. IRC Proceedings: Saturday, November 28, 2020

    IRC logs for Saturday, November 28, 2020

  29. Help Make Techrights (and Other Technology-Centric Sites) More Robust to Censorship by Setting Up More IPFS Nodes

    We’re trying to improve the site’s availability (ensuring it can never be offline) and make it more censorship-resistant; people who adopt IPFS can make that happen while tackling the “bloated Web” and “centralised Internet” issues — all at the same time

  30. Microsoft Loves Linux and Android Apps Running on Windows Instead of GNU/Linux and Android Devices

    Microsoft loves Linux, they say; but as Microsoft's former VP James Allchin put it: "If you're going to kill someone there isn't much reason to get all worked up about it and angry -- you just pull the trigger [...] We need to smile at Novell while we pull the trigger."

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