Inside news from the Industri

Why did Regensberg fool people into thinking that they were liquid? Why did Bernie Madoff do it? In the global setting, it seems that these acts of dishonesty and criminality have no place in a fast-paced environment where people talk in terms of bull runs and not in terms of how much should be stolen.

The system has you; but people don’t realize that behind every large financial machine is just another person. Or a group of people. That’s why people should always be suspicious of any offers that seem too good to be true. Stick with established investment companies; don’t be prey to slick conmen. That’s what victims of Ponzi schemes learned the hard way.

When the world financial crisis hit, it seems that even the most solid illegal Ponzi schemes are unraveling right before our eyes. It’s the worst thing that could happen to illegitimate investors; finally getting caught. Just recently, Hayim Regensberg was caught doing a Madoff.

How do they do it? A Ponzi scheme is basically a contract of fraud that uses other people’s money. Say you have one hundred people. Person 1 is paid with Persons 2’s money. Person 2 is paid with Person 3’s money. In the end, the money is not growing.

All you have is a lot of cashless folks who expect that they’re earning more, but in fact, they’re not.

In the cat and mouse world of the Internet, bureaus that have been given the task to capture and prosecute need funding. Parallel to the rise in internet crime in the past few years, lawmakers in Mississippi are thinking of directly increasing fines in many minor violations to generate the necessary funds for its own cyber crime unit.

If the legislation passes, the small cyber crime unit could receive half a million dollars a year. That’s a lot of money, and if it’s used wisely, could halt the most dangerous illegal Internet operations. These Internet operations include pedophilia and illegal drug sales from unscrupulous traders who sell dangerous substances without prescription.

Just this April, Kraft destroyed all possibly contaminated nut products. Setton, the source of the pistachios that had been positive for the diarrhea-causing illness, has also been destroying batches that had been the cause of the salmonella scare.

Just like the food scare from China a few years ago, it appears that the US government was just as harsh to its own producers who sacrificed public health for millions of dollars. The willingness of these companies to destroy their own products was a good sign that local laws were still effective.

Everyone’s hoping that pistachios would become safer in the coming months. How about you, have you eaten a Kraft-produced pistachio nut lately?

Even though two coal-burning electrical plants have been approved in the state of Kansas, it doesn’t mean that environmental activists in the Senate are going to go down that easily. There are still legal ways to block the operation of the power plants, if ever they show signs of devastating effects to the environment.

Since Al Gore’s movie came out, everybody realized that global warming wasn’t a joke. In addition, alternative movies like “The Great Global Warming Swindle” informed the public further that there were other powers trying to misinform the public regarding the issue of industry and its connection to global warming. How about you, do you support the regulation of power plants?

Two years ago, global tourism was reaching fever pitch with literally millions of people literally going out of their way to fly to exotic locations around the globe. Now, there’s a global slowdown in tourism. People no longer have enough money to spend on large ‘entertainment costs’ such as touring the world.

Since people are wising up on their spending, you should, too. If you can stick to your own country while vacationing, you’d saving thousands of dollars. In addition, a thousand dollars is a literal lifesaver nowadays. Don’t burn your cash on something that’s fleeting and absurdly expensive. Put it in a bank in a savings account (the most basic) or invest it in something. Make it grow.

A former employee of Playboy Enterprises is filing a lawsuit because he had been made marginal, supposedly because he was homosexual. Aside from disparaging remarks, Joseph DeAcetis stated that he was eventually removed from his post because of being gay.

The director of the branch of Playboy that he worked for called people like him ‘girls’. While such remarks could be tolerated to a certain degree, being unemployed simply because you’re different is plain wrong.

A person’s artistic capacity and diligence at work has no bearing on a person’s sexual orientation. In a heterogeneous world such as ours, there’s no reason to exclude people because of nonsensical differences. If these practices were tolerated, then what would become of the world?

Oil has been the most important and most ‘scandalous’ commodity since the invention of the wheel. It’s black gold, and it’s literally responsible for running the world’s industries. And yet, we’re running out of oil. If M. King Hubbert was correct, then within less than a hundred years we would be all running on fumes.

While it’s impractical to limit ourselves to alternative energy sources with technologies still in their infancy, there are some ways that we can help the Earth and save a few bucks in the process. For example, why not try walking or jogging to your destinations rather than take a cab? Every buck counts; and you’re helping bring down the consumption of oil.

One way people are resisting the more insidious effects of the recession is by going back to the “basics” of living. Organic produces, clean living, less use of gasoline; all these contribute to the drive to resuscitate a dying planet. In the final analysis, everyone’s small actions contribute to the larger, long-term solution.

One of the benchmarks of subjectivity in the field of the Green Drive for a healthier planet is the recently concluded Earth Hour. One hour of switching off your light for a healthier planet. Everyone with a cellular phone or an active Internet connection learned about the Earth Hour. If we could only harness these technologies to reverse centuries of abuse of the Earth, we would really be accomplishing something. What do you think? Are you Earth-friendly?

In light of the world financial crisis, it’s time to take stock what desperate people are driven to do when they’re pushed against a wall, financially. That’s what happened to Christine McLamb, a seventy-plus year old woman who was faced with mounting hospital bills and not enough cash to pay off everything.

To keep herself and her family from going under, she embezzled funds by taking out loans. Other peoples’ identities were used to apply for the loans. In the end, McLamb had more than a million dollars to her name.

Did it pay off? Well, she was able to pay off the medical expenses of her husband. However, she was still caught and she would be serving six years in prison for her crimes.