Before You Click On The "Read More" Link,
Please Only Do So If You Are Over 21 Years Old.
If You are Easily Upset, Triggered Or Offended, This Is Not The Place For You.
Please Leave Silently Into The Night......
Wednesday, December 23, 2020
The 90 Miles Mystery Box: Episode #1211
You have come across a mystery box. But what is inside?
It could be literally anything from the serene to the horrific,
from the beautiful to the repugnant,
from the mysterious to the familiar.
If you decide to open it, you could be disappointed,
you could be inspired, you could be appalled.
This is not for the faint of heart or the easily offended.
You have been warned.
Tuesday, December 22, 2020
Coronavirus Package Allows Feds to Import More Foreign Workers as 17.8M Americans are Jobless
A spending bill, labeled as a relief package for Americans during the Chinese coronavirus crisis, will allow federal bureaucrats to import more foreign workers to take blue-collar jobs in the United States – even as 17.8 million Americans remain jobless.
A provision slipped into the more than 5,590-page spending bill allows the Department of Homeland Security (DHS) and Labor Department to import more foreign labor competition against Americans at their discretion.
Specifically, the bill gives DHS the ability to “increase the total number” of H-2B foreign visa workers who can be brought into the U.S. to take blue-collar, nonagricultural jobs that would otherwise go to working class Americans.
DHS Secretaries over the last four years have repeatedly allowed businesses to import more H-2B foreign visa workers above the annual cap of 66,000. Continuation of the policy would come as 24.5 million Americans are unemployed or underemployed. About 17.8 million of those are jobless.
The H-2B visa program has been widely used by businesses to drag down the wages of American workers in landscaping, conservation work, the meatpacking industry, the construction industry, and fishing jobs, a 2019 study from the Center for Immigration Studies finds.
When comparing the wages of H-2B foreign workers to the national wage average for each blue-collar industry, about 21 out of 25 of the industries offered lower wages to foreign workers than Americans.
In the construction industry, wage suppression is significant, with H-2B foreign workers being offered more than 20 percent less than their American counterparts. In the fishing industry, foreign workers were offered more than...
Your Search History Will Determine Your Financial Credit Score In Future, Says IMF
A new white paper by the IMF calls for linking your search history to your financial credit score, which would in effect lower your score if you visit websites marked harmful by their fact-checkers.
In a new blog post for the International Monetary Fund, four researchers presented their findings from a working paper (read below) that examines the current relationship between finance and tech as well as its potential future.
The researchers propose using the data from your browsing, search, and purchase history to create a mechanism for determining the credit rating of an individual or business.
The plan is outlined in a blog written by Arnoud Boot, Peter Hoffmann, Luc Laeven and Lev Ratnovski, pitching the Orwellian notion as a breakthrough in financial technology (Fintech).
Fintech resolves the dilemma by tapping various nonfinancial data: the type of browser and hardware used to access the internet, the history of online searches and purchases. Recent research documents that, once powered by artificial intelligence and machine learning, these alternative data sources are often superior than traditional credit assessment methods, and can advance financial inclusion.
Overall, while much of the technological progress in finance is evolutionary, its pace is accelerating fast. Fintech’s potential to reach out to over a billion unbanked people around the world, and the changes in the financial system structure that...
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