American news unwilling to tell citizens the truth

Public views of economic news—both overall and across most sectors—are little changed in recent months. Today, about half of Americans (53%) say they are hearing a mix of good and bad news about the economy, while 41% say they are hearing mostly bad news and just 3% say they are hearing mostly good news.

The latest national survey by the Pew Research Center for the People & the Press, conducted August 2-5, 2012 among 1,005 adults, finds that perceptions of economic news are relatively unchanged from July. However, this represents a rise in the proportion hearing mostly bad news about the economy from earlier in the year, when the unemployment rate dipped.

US employers advertise most jobs in 4 years, a sign hiring could pick up in the coming months

U.S. employers posted the most job openings in four years in June, a positive sign that hiring may pick up.

The Labor Department said Tuesday job openings rose to a seasonally adjusted 3.8 million in June, up from 3.7 million in May. That’s the most since July 2008. Layoffs fell. 

The data follow Friday’s report that said employers in July added the most jobs in five months. A rise in openings could signal better hiring in the coming months. It typically takes one to three months to fill a job.

Even with the increase, hiring is competitive. There were 12.7 million unemployed people in June, or an average of 3.4 unemployed people for each job.

That’s down a bit from May and much lower than the nearly 7-to-1 ratio in July 2009, just after the recession ended. In a healthy job market, the ratio is usually around 2 to 1.

Still, employers have been slow to fill jobs. Since the recession ended in 2009, openings have increased 57 percent. Overall hiring is up only 19 percent.

Pfizer to Pay $60.2 Million to Settle FCPA Probe

Pfizer Inc. will pay $60.2 million to settle a federal investigation into bribery overseas, in the latest deal by a big drug maker trying to move past a U.S. government crackdown on using illegal payoffs to win international business, The Wall Street Journal reported.

AFP/Getty

The world’s leading drug maker by sales, Pfizer was accused of bribing doctors, hospital administrators and regulators in several countries in Europe and Asia to prescribe medicines. Authorities uncovered evidence that company units rewarded high-prescribing doctors in China with cellphones and tea sets, while plying Croatian physicians who ordered Pfizer drugs with cash and international trips, according to court filings.

Company previously known as Blackwater agrees to $7.5 million fine in arms smuggling case

The international security contractor formerly known as Blackwater has agreed to pay a $7.5 million fine to settle federal criminal charges related to arms smuggling and other crimes.

Documents unsealed Tuesday in a U.S. District Court in North Carolina said the company, now called Academi LLC, agreed to pay the fine as part of a deferred prosecution agreement to settle 17 violations.

The World's "Job Creators" Are Hiding 21 Trillion Dollars from Their Home Governments Using Off-Shore Tax Havens

This graphic from Heather Stewart's article in The Guardian UK shows where the world's super-rich are hiding $21,000,000,000,000 (21 trillion dollars) in wealth from their home governments.  

Who knows what words they use to justify such injustice abroad, but here, the words are "Job Creators" and "Trickle-down Economics." Now, it's true that some wealth trickles down, and some who have wealth do create jobs. But for the most part, wealth sneaks out the back door to avoid taxation. 

Whether its safety regulations, consumer protections, environmental protection, or taxation, what the super rich are saying to us is: "We don't wish to follow the laws of this country because doing so would reduce our wealth." 

As we've seen with the flood of money they're spending on Super-PAC's, many in our ruling class don't mind spending mightily for the privilege of making our laws.   But this is still a Republic if we can keep it. To do that, we must go to the polls and vote. We must assert our right as "We the People" to make the laws in this country, and to require all our citizens follow the law, even the ones who call themselves "Job Creators."

PS: Isn't it funny how "Job Creators" rhymes so well with "Tax Evaders?"  Someone needs to write a song, make a bumper sticker, or an info-graphic with that one.

Before I die...

The artist turned the side of an abandoned house in her neighborhood in New Orleans into a giant chalkboard and stenciled it with the sentence “Before I die I want to _______.” So anyone walking by can pick up a piece of chalk, reflect on their lives. What would YOU like to do before you die?  (comment below) 

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