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...Chinese have jobs they otherwise wouldn't. But, as Grant's Interest Rate Observer, an influential Wall Street newsletter, points out in its latest issue, "Massive injections of money and credit ... are always bullish before they are bearish." The newsletter draws worrying parallels between China's current credit boom and the gush of lending that produced the U.S. housing bubble, the collapse of which devastated the financial sector and triggered the global credit crisis and current recession...
...regulation, "the number of farm-worker heat-related deaths has increased." Catherine Lhamon, assistant legal director for the ACLU of Southern California, said, "The state's system is so full of loopholes that compliance is effectively optional, and employers flout the law with impunity." According to the lawsuit, the current regulation fails to adopt the safeguards that have "long been put into practice by employers ranging from firefighters to the United States' military services...
...little reason to comply with the regulation because "those few violators who are occasionally identified generally escape with little or no punishment." Attorney Bradley Phillips of Munger, Tolles & Olson says the way to improve worker safety is to "create the maximum economic incentive" for the large growers. Under the current system, labor contractors are potentially liable, but they are "not well capitalized and often have no fixed assets." What is necessary, says Phillips, is to impose a fine or some sort of penalty on the grower...
Farm workers say a key problem with the current regulation is that workers have no right to a rest break until they recognize they are experiencing symptoms - and this is often too late to prevent illness. "The evidence points to neglect not ignorance as the cause of farm worker deaths," said UFW President Arturo Rodriguez. He said the union had been in negotiations with state officials to improve the current regulation but with temperatures in the San Joaquin Valley now averaging 100 degrees they cannot afford to wait. "This lawsuit ensures that the governor knows we mean business," Rodriguez said...
...that Western intelligence agencies played a significant role in fomenting postelection unrest, perhaps even in killing protesters. A 60-year-old veteran of the Iran-Iraq war, who lives in Qum, one of the most consistently conservative cities in Iran, wholeheartedly agreed with the regime's scripted story. "Our current problems are all because of foreign agents like the BBC ... This country is now under attack," he said...