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  • Japan's jobless in city park tent village move to government building
    in the building through Monday and job counseling and other efforts are under way to place the people in other locations it said The tent village that volunteers and unions opened on New Year s Eve highlights the serious social costs of the global recession for the world s second largest economy The government estimates 85 000 part time workers will lose their jobs between October and March Another 3 300 permanent employees are expected to become jobless over the same period Temporary workers have been the first to be fired in the latest wave of cutbacks as Japan s exports and company investments crashed after the U S financial crisis Temporary jobs at manufacturing were illegal before 2004 but today top companies including Toyota Motor Corp and Canon Inc routinely rely on temporary staffing to adjust production to gyrating overseas demand Japanese Communist Party Executive Committee Chair Kazuo Shii who visited the village said the government needs to do more to help the unemployed It is unforgivable that Japan s major companies have thrown so many workers out on the streets at the end of the year he said For decades Japan promised lifetime employment at major companies and

    Original URL path: http://www.911omissionreport.com/japan_tent_village.html (2016-02-14)
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  • As Prices Rise, Crime Tipsters Work Overtime
    solving the most serious crimes or an extra gun bounty if a weapon is recovered In Sussex County the average payment for a tip that results in an arrest is 400 Sergeant Beller said Usually you deliver the money in an unmarked car and meet them somewhere he said But these people come right to the office and walk right through the front door Some Crime Stoppers coordinators say their program appeals to community spirit and emphasize that not everyone who calls is after money But their advertising makes no bones about the benefits of a good tip Crime doesn t pay but we do say the mobile billboards cruising Jacksonville Fla A poster in Jackson Tenn draws a neat equation Ring Ring Bling Bling Cha Ching The bling in this case is a pair of handcuffs Some coordinators suggest that rising crime rates might be driving up the number of tips But in Jackson Tenn Sgt Mike Johnson said his call volume had gone from two or three a day to eight or nine He theorized that rising crime there was not a factor because the program advertises steadily regardless of trends People just need money Sergeant Johnson said Sergeant Johnson has been a Crime Stoppers coordinator for 15 years watching crime rates and tips fluctuate But he said I ve never seen an increase like it is now Crime Stoppers programs strictly protect the anonymity of callers Each tip is assigned a number and if the tip results in an arrest the caller can collect a cash reward usually by going to a designated bank Some programs pay tipsters within hours of an arrest others have monthly meetings to approve reward amounts Not only have the number of tips increased several program coordinators said but people are also more diligent about calling back to find out if and when they can collect Jim Cogan director of the Silicon Valley Crime Stoppers program in California said most of the rewards offered by his program used to go unclaimed But with large numbers of foreclosures and heavy job losses Mr Cogan said now we re seeing rewards get picked up right away and our tipsters being frustrated when tips aren t available as quickly as they need the money Karen Keen the tips coordinator for First Coast Crime Stoppers in Jacksonville said she had on occasion been given approval to pay tipsters early if they persuaded her that they needed the money to pay a light bill or some other necessity Some people have made a cottage industry of calling in tips Although repeat callers do not give their names operators recognize their voices We have people out there that realistically this could be their job said Sgt Zachary Self who answers Crime Stoppers calls for the Macon Police Department Two or three arrests per week you could make 700 750 per week Sergeant Self said You could make better than a minimum wage job He said that his program

    Original URL path: http://www.911omissionreport.com/crime_tipsters.html (2016-02-14)
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  • Study finds another reason to hate recession: More tickets
    North Carolina counties Garrett s co author was living in North Carolina at the time In North Carolina as in many states ticket fines are retained at the local level The study authors looked to exclude the distorting effects of traffic enforcement campaigns and county population differences They tried to take into consideration the effects of police per capita population density tourism and median family income In fact they uncovered even more connections between ticket writing and local economic conditions If the county unemployment rate went up so did the number of tickets This suggests that the timing of traffic tickets tends to mimic changes in county wide economic conditions the authors wrote Garrett said the study does not dispute that public safety remains at the heart of ticket writing But he said the study shows that political and economic interests affect how much emphasis is placed on writing tickets It seems quite reasonable to me that city officials communicate to police departments the need for more ticket revenue Garrett said The Missouri Police Chiefs Association took issue with the study s findings Sheldon Lineback the group s executive director said examining the connection between government revenues and traffic tickets is a very narrow tunnel to look through that does not take into account other factors that might lead to more traffic tickets I don t know of any chief that goes out and mandates more tickets Lineback said But such incidents do occasionally gain attention In 2004 the Post Dispatch uncovered memos written by top police officials in the town of Bel Ridge threatening officers if they didn t write more tickets That same year a Wellston police chief told city leaders that his officers would focus on writing tickets to boost city revenue And Garrett s study includes

    Original URL path: http://www.911omissionreport.com/more_tickets.html (2016-02-14)
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  • Proof speed cameras exist to rake in money as receipts finally fall
    were issued by speed cameras the Home Office report revealed The tickets raised more than 73million for the Treasury that year or 200 000 a day In total 16million tickets have been issued since 1997 raising 913million In 2006 1 63million tickets were issued by cameras The following year a rule change stopped so called Safety Camera Partnerships alliances of police and councils from keeping some of the money The number then fell to 1 26million in 2007 and dropped again the next year The number of cameras has increased from 1 935 in 2000 to about 6 000 today Critics said it was proof motorists had been treated as a cash cow Claire Armstrong cofounder of the Safe Speed campaign group said You should never measure safe driving by miles per hour It is not going to be improved just by sticking up a few cameras and taking police off the roads and it does nothing for the relationship between the public and the police Jennifer Dunn policy analyst at the TaxPayers Alliance said Motorists have paid a fortune in speeding fines over the last decade and there is no real sign that the system has succeeded in changing

    Original URL path: http://www.911omissionreport.com/speed_cameras.html (2016-02-14)
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  • Fire Your Hedge Fund, Hire Your Congressman
    University Ping Cheng of Florida Atlantic University and Brigitte J Ziobrowski of August State University found that House members generated those excess returns in the stock market during 1985 to 2001 great bull market years and not by accident We find strong evidence that Members of the House have some type of non public information which they use for personal gain the authors concluded But they add House members excess equity returns trail those of Senators during the same time period according to their previous study of investment return of the upper house some 85 basis points a month Annualized that figures to 10 7 per year after compounding The smaller returns of Congresspersons compared to Senators are due presumably to less influence and power held by the individual Members It s simple math there are 435 House Members compared to just 100 Senators so power is more concentrated in the upper house Let me translate from the proper academic usage Members of Congress used inside information gleaned from their positions of power to enrich themselves in the stock market The more powerful Senators enriched themselves more than members of the House Like Captain Renault in Casablanca I m shocked shocked Stock trading was confined to a relatively small minority of Reps never more than 27 of the total and the median number of transactions was between three and four But the median number of trades is much higher between 8 and 21 per year indicating a relatively few Congresspersons are fairly active traders the study found The excess returns were spread out among the larger group so the buy and hold types did as well as the traders You d think that Republicans would have the better investment results since the GOP is seen as the party of Wall

    Original URL path: http://www.911omissionreport.com/hedge_fund_congressman.html (2016-02-14)
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  • Give to the rich to help the poor?
    s millennium development goals through this scheme would be deducted from an individual or corporation s tax liability which is of course only 40 or 28 respectively with the government making up the other 50 from its aid budget Naturally the super rich donors would get to decide on what projects their money was spent Let s see that in action shall we The UK s total overseas aid budget was 4 9bn in 2007 2008 Mehta suggests her scheme could persuade the super rich to part with an extra 5bn a year but of course the government is required to backmatch that notional sum meaning that the entire aid budget would be swallowed up What this means effectively is that control over the UK s aid budget would pass from the Department for International Development to a bunch of private individuals As the tax campaigner Richard Murphy points out this is fundamentally undemocratic Depressingly Mirrlees and Mehta have already been granted two meetings with the Treasury at which they insisted the scheme should be extended to those whose tax affairs are offshore in effect allowing the use of UK taxpayers money to be directed by tax exiles and giving them tax relief for the privilege Did you ever hear anything so defeatist Rather than make a concerted attempt to close down these offshore havens the Treasury is now considering further enabling them with a cashback scheme because they are too tight to give the same percentage of their wealth to charity as someone in the lowest income bracket Allowing this would be a monumental scandal One suspects Mirrlees is a Nobel economics laureate much in the same way that Henry Kissinger is a Nobel peace laureate Another of his brainwaves is replacing corporation tax with a higher rate of

    Original URL path: http://www.911omissionreport.com/give_to_the_rich.html (2016-02-14)
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  • We are overpaid, say US executives
    their peers compensation levels could also encourage activist investors and hedge funds to target underperforming companies with highly paid leaders at shareholder meetings Four out of six chief executives or company presidents polled by the NACD in July and August said the compensation of top executives was high relative to their performance Only 2 2 per cent of the nearly 70 chief executives and presidents involved in the survey said compensation was too low while a third deemed it just right Their views were backed up by outside directors with more than 80 per cent of them saying chief executives were overpaid There is an overall realisation that executive compensation is an area that boards and management are struggling with said Peter Gleason chief operating officer of the NACD The issue is particularly sensitive because the gap between rich and poor in America has reached its widest point in more than 60 years Figures released last week showed the share of national income claimed by the wealthiest 1 per cent of Americans had reached 21 2 per cent a postwar record partly because of booming company profits Mr Bush last week told The Wall Street Journal that he thought some

    Original URL path: http://www.911omissionreport.com/executives_overpaid.html (2016-02-14)
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  • Report Says That the Rich Are Getting Richer Faster, Much Faster
    increase at the top reflected the rebound of the stock market after its sharp drop in 2000 economists from across the political spectrum said About half of the income going to the top 1 percent comes from investments and business In addition Congress in 2003 cut taxes on long term capital gains and most dividends which advocates said would encourage people to turn untaxed wealth into taxable income Some economists have said that the increase in incomes at the top is illusory and is in good part simply converting untaxed assets into taxed income to take advantage of reduced tax rates The Congressional Budget Office report made no attempt to explain the increases in income in its annual report on effective federal tax rates paid by people at different income levels Asked how much of the increase at the top was from the tax cuts rather than market gains Peter R Orszag the budget office director said I can t give you an answer to that because we just don t know Chris Frenze Republican staff director for the Congressional Joint Economic Committee said the increase in top incomes is much more modest if viewed over longer time periods Since 2000 he said the average income of the top 1 percent has risen 97 900 or 6 7 percent the same percentage increase this group had from 1992 to 1997 Jared Bernstein an economist at the Economic Policy Institute in Washington who characterizes the Bush administration s policies as YOYO economics based on You Are On Your Own said the differences in income growth explained why so many Americans have told pollsters that they are feeling squeezed A lot of people justifiably feel they are working harder and smarter they are baking a bigger and better pie and yet their

    Original URL path: http://www.911omissionreport.com/rich_getting_richer.html (2016-02-14)
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