#1 – Bankers cheat twice as much as politicians (source)
I was certain that it was going to be the politicians, but our results showed the opposite: the bankers cheated about twice as much. (But before you begin suspecting your banker friends more and your politician friends less, you should take into account that the politicians we tested were junior politicians — mainly congressional staffers. So they had plenty of room for growth and development.)
The excerpt comes via the always-excellent Eric Barker, who observes that there didn’t seem to be much cross-cultural differences in willingness to cheat. “In fact,” the book notes, “the amount of cheating seems to be equal in every country — at least in those we’ve tested so far.”
#2 - 6.6 million adults under 26 have signed up on their parent’s insurance plans courtesy of Obamacare (source)
“About 6.6 million young adults signed up for health coverage through their parents’ insurance plans in the first year after a new provision in the federal health law took effect, according to estimates in a study released Friday. As part of the law, most insurance plans offered by employers to their workers had to allow parents to enroll dependents on their plans up to the age of 26, starting in September 2010. Previously, parents had been able to include children only up to their 19th birthdays, or until the age of 22 if the children were full-time college students…The new estimate was generated by the Commonwealth Fund, a private foundation that supports the health law. Its estimate that 6.6 million young adults are taking advantage of the change is substantially higher than the government number because it includes people who might have previously received insurance from another source, such as an employer or an individual plan, but signed up for their parents’ plans instead.”
#3 – America is stealing manufacturing jobs back from China – article HERE:
It’s called “reshoring,” and it’s a global trend where factories have moved from the developing world to the developed world, nearer to where their products sell. How big is this movement? According to a recent report by the Hackett Group, the share of “reshored” manufacturing capacity will double from 9% between 2009 and 2011 to 19% between 2012 to 2014.
#4 – In NYC – soon you may get a bigger fine for selling a 20 oz coke than carrying 25 grams of Marijuana. Jon Stewart ponders the possibilities of new laws in New York.
#5 – Under Romney as CEO – Bain Capital received millions of dollars in government funding – article HERE:
During Romney’s years as chief executive of Bain Capital LLC, companies owned by the firm received millions of dollars in benefits from a variety of state and local government economic development programs.
In California, taxpayer money built one Bain company a conveyor bridge between two of its buildings. New York City gave another Bain company tax breaks and lower energy bills to discourage it from moving to New Jersey. And in Indiana, a county government issued bonds to help buy new equipment for a Bain-owned steel plant — a business success featured in a Romney campaign ad touting his private sector prowess.
#6 – The Census shows us who voted from 96 to 2010 – article HERE.
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