From the couldn’t happen to more deserving folk files:
Thanks to a little-noticed auction sale, a South Bay couple are the proud owners of one of the most exclusive streets in San Francisco — and they’re looking for ways to make their purchase pay.
Tina Lam and Michael Cheng snatched up Presidio Terrace — the block-long, private oval street lined by 35 megamillion-dollar mansions — for $90,000 and change in a city-run auction stemming from an unpaid tax bill. They outlasted several other bidders.
Now they’re looking to cash in — maybe by charging the residents of those mansions to park on their own private street…
…Unsurprisingly, the residents were more than a little upset when they belatedly found out what had happened.
They didn’t learn that their street and sidewalks had been sold until they were contacted May 30 by a title search company working on behalf of Cheng and Lam, said Emblidge. The title search outfit wanted to know if the residents had any interest in buying back the property from the couple, the lawyer said.
“I was shocked to learn this could happen, and am deeply troubled that anyone would choose to take advantage of the situation and buy our street and sidewalks,” said one homeowner, who asked not to be named because of pending litigation.
“We’re shocked, shocked”, a multimillionaire who owns a home on the street is reported to have hissed, “that someone would have taken advantage of arcane tax laws to screw us that way. That’s what WE do!”
The fuckin’ CIA…
New documents reveal how the CIA attempted to call off the failing coup – only to be salvaged at the last minute by an insubordinate spy…
…Declassified documents released last week shed light on the Central Intelligence Agency’s central role in the 1953 coup that brought down Iranian Prime Minister Muhammad Mossadegh, fueling a surge of nationalism which culminated in the 1979 Iranian Revolution and poisoning U.S.-Iran relations into the 21st century…
…Known as Operation Ajax, the CIA plot was ultimately about oil. Western firms had for decades controlled the region’s oil wealth, whether Arabian-American Oil Company in Saudi Arabia, or the Anglo-Iranian Oil Company in Iran. When the U.S. firm in Saudi Arabia bowed to pressure in late 1950 and agreed to share oil revenues evenly with Riyadh, the British concession in Iran came under intense pressure to follow suit. But London adamantly refused. So in early 1951, amid great popular acclaim, Mossadegh nationalized Iran’s oil industry. A fuming United Kingdom began conspiring with U.S. intelligence services to overthrow Mossadegh and restore the monarchy under the shah. (Though some in the U.S. State Department, the newly released cables show, blamed British intransigence for the tensions and sought to work with Mossadegh.)”
Shadowproof comes up with a single payer plan:
Shadowproof is proud to contribute to the national health care debate by introducing our plan to transition the United States to a single-payer health care system. Our plan, the Medical Insurance and Care for All program (MICA), is a public health insurance program based on Medicare but open to all individuals. Employers will be required to buy their employees MICA or equally good private coverage. If one does not receive employer coverage, they will automatically be enrolled in MICA and charged for it in their taxes.”
Comes now The Intercept to shine needed light on yet more industrial chicanery, aided by agencies meant to regulate such:
For decades, some of the dirtiest, darkest secrets of the chemical industry have been kept in Carol Van Strum’s barn. Creaky, damp, and prowled by the occasional black bear, the listing, 80-year-old structure in rural Oregon housed more than 100,000 pages of documents obtained through legal discovery in lawsuits against Dow, Monsanto, the Environmental Protection Agency, the U.S. Forest Service, the Air Force, and pulp and paper companies, among others. As of today, those documents and others that have been collected by environmental activists will be publicly available through a project called the Poison Papers. Together, the library contains more than 200,000 pages of information and ‘lays out a 40-year history of deceit and collusion involving the chemical industry and the regulatory agencies that were supposed to be protecting human health and the environment,’ said Peter von Stackelberg, a journalist who along with the Center for Media and Democracy and the Bioscience Resource Project helped put the collection online.
Sweet Jebus H. Kee-rist! Now The WaPo is ass-licking the ReThugs:
The Washington Post has devoted enormous resources to trying to convince its readers that the federal government’s disability programs are in crisis. And it has no qualms about misrepresenting the data to make its case.
Today we got a great example in a question and answer session in reference to its latest major feature piece. In answer to the question, “what’s the problem?” it tells readers:
“The program for disabled workers, which Congress had to rescue from insolvency in 2015, is estimated to go broke again sometime over the next decade or so. The government this year is expected to spend $192 billion on disability payments — more than the combined total that will be spent on welfare, unemployment benefits, housing subsidies and food stamps.”
The assertion that the program will go broke is extremely misleading. Even if Congress never did anything it could still pay will over 90 percent of projected benefits for more than two decades into the future and even at the end of the 75-year planning period, it is still projected to be able to pay over 80 percent of scheduled benefits.
This is an important point since many politicians have advocated cutting benefits to keep the program fully funded. If the point is to ensure to prevent benefits from being cut due to a shortfall, cutting benefits to make up the gap doesn’t help.
No wonder tech shit costs so freaking much. Below is the story of a young Silicone Valley worker facing burnout, so much so that she goes to tall her boss she’s quitting and…well, read:
“My manager and I had lots of conversations. I teetered on leaving so many times,” she said. “But this time was for real. I was going to see these projects to a healthy state and then I needed to go. I felt good about it. The next thing, he told me not to come in.”
She panicked thinking he was firing her, but he explained she wasn’t being terminated at all. “Just don’t come to work,” he told her. “You’re burned out and need a break. Just don’t talk about it, and everyone will assume you’re on someone else’s team.”…
…And that’s how this hardworking, conscientious engineer wound up joining the least secret secret club in the Valley, known as “rest and vest.”
“Resting and vesting” is when an employee, typically an engineer, has an easy workload (if any job responsibilities at all) and hangs out on the company’s payroll collecting full pay and stock. Stock is often the bigger chunk of total compensation for a senior engineer than salary.
Once she was in rest-and-vest mode, this engineer spent her time attending tech conferences, working on pet coding projects, networking with friends, and planning her next career move.
She realized that her manager let her rest and vest to keep her quiet about the problems with that acquisition, so she had time to find her next thing. Had he terminated her immediately, she would have been incensed. “Everyone knew I had a big mouth and would speak out,” she said. “He figured, ‘Hey, it costs us next to nothing keep her happy for six months.'”