I’ve been arguing the same thing, – that there was much more to the mortgage crisis than robosigning. So, give this a read. I like skepticism and intelligence. This article has both.
James Pilant
Category: business ethics
Jane Eyre (via rebelld)
You are quite right. The lives of women seem of little interest to the historian. Let me tell you a story –
During the first World War the British lost a total of 2,090,212 casualties out of a population of 45.4 million. Do you know what this means? – a generation without men. The chance of a woman getting married after those event in England were tragically low. I figure at least a million women did not marry after that generational tragedy. Have you ever seen so much as a word about this? Anywhere?
I promise you if two million women died in the United States, there would be government immigration policies in effect in a matter of weeks to allow quick citizenship for imported women. It would be considered a national crisis.
For the United States to have a proportional loss as the British did we would have to lose about 13 million men.
Women’s lives have not been considered important. Maybe that is changing.
James Pilant
via rebelld
5 reasons why banks hate [and fear] Elizabeth Warren (via Eideard)
![5 reasons why banks hate [and fear] Elizabeth Warren](https://i0.wp.com/cache.daylife.com/imageserve/0f5m3RNgc27cx/610x.jpg)
via Eideard
I couldn’t agree more. An honest broker is the last thing the large banks can stand. They want the status quo of unaccountability to continue forever. We’re just sheep to be sheared under current law. Even knowing what shenanigans the industry is up to is very difficult.
Let’s get Elizabeth Warren confirmed.
James Pilant
Japan: green tea exports banned due to high radiation levels (via The Crisis Jones Report)
I present a new post from the ever crusading web site, The Crisis Jones Report. I want to remind my readers that the crisis continues. Fukushima is going to be with us for years and the crisis continues with bad things happening almost daily generating more solid evidence of government and industry incompetence. That the Japanese Prime Minister survived a confidence vote was astonishing.
James Pilant
Kukkumol comments on “The Health Hazards of Cell Phone and Cell Tower Radiations”
Kukkumol comments on “The Health Hazards of Cell Phone and Cell Tower Radiations”
All the electronic equipments are dangerous to human health. Now we are habituated of all the equipments. Now we cannot go back to stone age. We have to accept the fact, we are living in a dangerous planet called earth. Every one know Smoking dangerous to health, when ever Government want to to stop smoking, automatically it has increased. Before we were smoking and chewing pan, now we started with all the Gutkas, than the advertisement came for Mobile phones, every one knows that this causes cancer. Now billions of people using mobiles. We are like children, if parents says Son don’t touch this, this is fire. Immediately Child want to to touch the fire, after getting hurt, he will stop. In the same manner when we have cancer than we will stop. Don’t forget we are from Adam’s family……
Jayaraman Rajah Iyer comments on “Offshoring has Destroyed the US Economy (via Suzie-Q’s Truth and Justice Blog)”
Jayaraman Rajah Iyer walks his own path and has his own thoughts. Here’s what he things about the afore mentioned post –
Dear JP
US has created a bubble of its own, not just a furious-attack as Krugman says [from WP on the bubble..the response of the right was a furious attack; basically, it was politically incorrect to raise any question about the glorious Bush boom.] but a piranha syndrome on any one who talks against cap… before the ism is even completed, by US – .com, .gov, .edu, .org, in one voice by the dots that stand disconnected otherwise. US.ppl stands completely alienated. An idea when turned over, through a maze of analysts before considered by the CEO led team of experts at a Camp Goliath or some such resorts the incremental cost of the idea is so prohibitive in comparison to the corresponding benefits, that it is thrown in the dust bin. US has expended itself out. No country in the world can afford US Model.
Andrew Comments on “Offshoring has Destroyed the US Economy (via Suzie-Q’s Truth and Justice Blog)”
Andrew often comments on my posts and always has something interesting to say. –
In a lot of cases, the jobs that are going overseas are NOT in job fields that have a shortage of workers. You mentioned manufacturing. Thats the big one.
This is speculation, but I think that outsourcing jobs has actually created a lot of the worker shortages in particular job markets.
My generation, while growing up, was constantly bombarded with this idea that if you did not go to college, then you wont be successful. I think this mentality was partly due to our parents generation seeing those high school level jobs (manufacturing, customer service, technical support, etc) being sent overseas and they wanted to steer their children away from having to look for those types of jobs. An unfortunate biproduct of that panic is that, with everyone going to college, the value of the college degree has fallen. Another consequence is that people, generally, arent interested in going into a skilled labor field (carpenter, welder, electrician, etc.) because they’ve been told over and over again that you need college to be successful. This is CREATING that shortage that proponents of offshoring cite to justify their actions.
The Biggest Offshoring Myth (via John Akerson’s Thoughts)
I believe the key paragraph here is this one (from the article).
I think Offshoring fails because offshored processes, deliverables and costs are almost never measured objectively. I think Offshoring fails because offshoring projects define success as “the expansion of offshoring” rather than as the “delivery of improved services, products, projects, or results for the same or less cost.” I think offshoring fails because the jobs lost to offshoring result in incredible losses for our country, our future, our tax base, and for things that are much harder to quantify.
I couldn’t have said it better. James Pilant
Bloomberg: Fukushima Radiated Water May Overflow Trenches in Five Days (via Japan Earthquake & Related Info)
This web site covers the Fukushima crisis on a daily basis. If you have any interest in this situation I recommend you subscribe. I do.
James Pilant
Pilant's Business Ethics Blog 
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