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Posts Tagged ‘social security’

New data spill shows risk of online health records

August 22, 2011 Comments off

physorg.com

Until recently, medical files belonging to nearly 300,000 Californians sat unsecured on the Internet for the entire world to see.

There were insurance forms, Social Security numbers and doctors’ notes. Among the files were summaries that spelled out, in painstaking detail, a trucker’s crushed fingers, a maintenance worker’s broken ribs and one man’s bout with sexual dysfunction.

At a time of mounting computer hacking threats, the incident offers an alarming glimpse at privacy risks as the nation moves steadily into an era in which every American’s sensitive medical information will be digitized.

can lower costs, cut bureaucracy and ultimately save lives. The government is offering bonuses to early adopters and threatening penalties and cuts in Read more…

NIA Releases U.S. Economic and Inflation Update

June 6, 2011 Comments off

inflation.us

The official U.S. unemployment rate rose during the month of May to 9.1%, up from 9% in April, with only 54,000 non-farm jobs being created for the month. The real unemployment rate including short and long-term discouraged workers is now 22.3%. The Bureau of Labor Statistics (BLS) used the birth/death model to produce a positive monthly bias during the month of May of 206,000 jobs, up from 175,000 in April, 117,000 in March, and 112,000 in February. Without the birth/death model, 152,000 jobs were lost during the month of May.

 

By utilizing the birth/death model, the BLS is assuming that during the month of May, the number of new jobs created by start-up businesses were 206,000 greater than the number of jobs lost from companies going out of business. NIA finds this assumption to be Read more…

6 Biggest Tech Security Fails in the Last Year

May 17, 2011 Comments off

ismashphone

Fail

This is the age of being perpetually connected. If you have a Twitter, Facebook or any other sort of account, your information is out there. The best thing to do is just keep the information you don’t want people to know offline. It’s just safer that way.

Now, let’s take a look at the times that the major companies have failed, big time. There are several of them, here they are.

1) Texas Workforce Commission – Identities Released: Social Security Numbers, Addresses, etc.

My home state (note: everyone on iSmashPhone is from a different part of the world). It was recently found that Social Security numbers, driver’s license numbers and other personal info, according to website ComputerWorld. Two security chiefs were fired over it, and while the Attorney General’s office says that there is no evidence that the exposed data has been misused, they did say that we should be careful about being targets of a new phone scam. Here is that press release. And everyone is worried about Apple? This was personal info for people who truly had no choice in the Read more…

US government will soon seize your retirement account

May 17, 2011 3 comments

naturalnews

NaturalNews) – When it comes to your retirement account, you probably keep an eye on Wall Street and the financial markets because when they lose value, your account loses value. Little did you know you are going to have to keep an eye on Uncle Sam as well, because he’s eyeing your retirement too, and he could soon take what he will claim is his fair share of it.

If you think that sounds absurd, think again. In fact, it’s a concept that is already being used by some governments, the most recent of which is Ireland.

In a bid to finance a “jobs” program, the Irish government, which is heavily in debt, is set to impose a new levy – read “tax” – on private retirement accounts. The accounts of government workers will be exempt.

“It’s truly disgusting logic to force private workers to pay for years of political incompetence while absolving government employees,” writes Simon Read more…

US deficit up 15.7% in first half of fiscal 2011

April 13, 2011 Comments off

AFP

WASHINGTON — The US budget deficit shot up 15.7 percent in the first six months of fiscal 2011, the Treasury Department said Wednesday as political knives were being sharpened for a new budget battle.

The Treasury reported a deficit of $829 billion for the October-March period, compared with $717 billion a year earlier, as revenue rose a sluggish 6.9 percent as the economic recovery slowly gained pace.

The Treasury argued that the pace of increase in the deficit was deceptive because of large one-off reductions in expenditures made during the first half of fiscal 2010, compared with previous and subsequent periods.

Those included a $115 billion reduction in funds spent on the Troubled Asset Relief Program (TARP) — the financial institution bailout program — in March 2010.

But 2011 so far has also seen significant increases in spending on defense, Social Read more…

The Federal Reserve Must Implement QE3

April 7, 2011 Comments off

Gold prices surged today to a new all time high of $1,463.70 per ounce, while silver prices soared to a new 31-year high of $39.785 per ounce. Silver is now up 129% since NIA declared silver the best investment for the next decade on December 11th, 2009, at $17.40 per ounce. The gold/silver ratio is now down to 37, compared to a gold/silver ratio of 66 when NIA declared silver the best investment for the next decade. This means that not only is silver up 129% in terms of dollars since December 11th, 2009, but silver has also increased in purchasing power by 1.78X in terms of gold.

Gold is the world’s most stable asset and the best gauge of inflation. This brand new breakout in the price of gold leads us to believe that the Federal Reserve is getting ready to unleash QE3 at the end of June. The Fed will surely not call it QE3, but NIA can pretty much guarantee that the Fed will continue on with their purchases of U.S. treasuries. If the Fed pauses after QE2, it will mean that treasury bond yields will need to surge to a level where they attract enough private sector and foreign central bank Read more…

China’s Secret Plot to Dump the Dollar

March 26, 2011 1 comment

…and 3 Surprising Places You Should Put Your Money Right Now to Avoid the
Carnage and Prosper.

If you thought the 2008 market freefall was bad, wait until you see what’s on the horizon.

  • The government is spending money like a drunken sailor.
  • Federal printing presses are working at warp speed, cranking out BILLIONS in inflation-feeding bailout dollars.
  • And now China has put a plan into motion that could threaten your solvency… UNLESS Read more…