Archive for June, 2011


San Francisco-Oakland Bay Bridge Now Made in China

China has its fingers in nearly every aspect of global financing as the following articles show.

SHANGHAI — Talk about outsourcing.

Next month, the last four of more than two dozen giant steel modules — each with a roadbed segment about half the size of a football field — will be loaded onto a huge ship and transported 6,500 miles to Oakland. There, they will be assembled to fit into the eastern span of the new Bay Bridge.

The project is part of China’s continual move up the global economic value chain — from cheap toys to Apple iPads to commercial jetliners — as it aims to become the world’s civil engineer.  read more

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Some states offer attractive tax benefits for retirees. Then there are these ten tax hells, which have earned a place on our do not live here for your second act list either because of higher than average taxes across the board or because of policies that don’t exempt much retirement income from state taxation.

For retirees living on a fixed income, high income taxes, burdensome real estate taxes and hefty sales taxes on daily purchases can really eat into a nest egg. Choosing to relocate to or stay put in a state with a low overall tax burden can help stretch your retirement income.  read more

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Dumbing down the grid to accept unreliable Green Power will disrupt a lot more than clocks.

(AP) — Our power supply has been so precise that we’ve set our clocks by it. But time may be running out on that idea.

A yearlong experiment with the electric grid may make plug-in clocks and devices like coffeemakers with programmable timers run up to 20 minutes fast.

The group that oversees the U.S. power grid is proposing a change that has the potential to disrupt electric clocks in schools, hospitals and other institutions, according to a company presentation obtained by The Associated Press. It may also mess with the timing of traffic lights, security systems, sprinklers and some personal computer software and hardware.

Since 1930, electric clocks have kept time based on the rate of the electrical current that powers them. If the current slips off its usual rate, clocks run a little fast or slow. Power companies now take steps to correct it and keep the frequency of the current — and the time — as precise as possible.  read more

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Image via Wikipedia

Dumbing down the grid to accept unreliable Green Power will disrupt a lot more than clocks.

(AP) — Our power supply has been so precise that we’ve set our clocks by it. But time may be running out on that idea.

A yearlong experiment with the electric grid may make plug-in clocks and devices like coffeemakers with programmable timers run up to 20 minutes fast.

The group that oversees the U.S. power grid is proposing a change that has the potential to disrupt electric clocks in schools, hospitals and other institutions, according to a company presentation obtained by The Associated Press. It may also mess with the timing of traffic lights, security systems, sprinklers and some personal computer software and hardware.

Since 1930, electric clocks have kept time based on the rate of the electrical current that powers them. If the current slips off its usual rate, clocks run a little fast or slow. Power companies now take steps to correct it and keep the frequency of the current — and the time — as precise as possible.  read more

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In the wake of the recent memo from the Obama administration which announced “prosecutorial discretion” in dealing with illegal aliens, Immigration and Customs Enforcement agents across the country have been speaking out what many of them are calling a “backdoor amnesty.”

On Wednesday, ICE Union president Chris Crane told PRNewswire: “Any American concerned about immigration needs to brace themselves for what’s coming. This is just one of many new ICE policies in queue aimed at stopping the enforcement of U.S. immigration laws in the United States.  Unable to pass its immigration agenda through legislation, the Administration is now implementing it through agency policy.”  read more

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