Damn Nature U Awesome of the Day: Photographer Matt Titmanis captured this stunning shot of nature putting a man-made light show to shame during Australia Day celebrations in Perth.
[thanks matt!]
(via fahshion)
Beautifully written. If you have half an hour to spare, spare it.
(Source: jiyoonie)
CLUE 1:
“went to short dogs house,
they was watching Yo MTV
RAPS”
Yo MTV RAPS first aired:
Aug 6th 1988
CLUE 2:
Ice Cubes single “today was a good day” released on:
Feb 23 1993
CLUE 3:
”The Lakers beat the Super
Sonics”
Dates between Yo MTV Raps air date AUGUST 6 1988 and the release…
In Kazakhstan, A Beautiful, Futuristic New Subway System
Just last month, Kazakhstan became home to the newest subway system in the world, and photos of the transit system 23 years in the making show that Sacha Baron Cohen’s comedic portrayal of the country could not be further from the truth. Read more.
[Image: English Russia]
something about this photo is so dope…
(Source: lanadelrey, via yjreb)
Fed Will Keep Interest Rates Near Zero for Two More Years
In the hours before the Federal Reserve was scheduled to release its quarterly economic forecast, markets lifted with news that the bank would leave interest rates near zero through at least 2014. It’s not all good news, though. “While indicators point to some further improvement in overall labor market conditions, the unemployment rate remains elevated,” the Fed said in a statement. Read more. [Image: Reuters]
a sign that nothing has changed.
Why the iPhone Isn’t Building a New U.S. Middle Class
Short answer: it’s not just wages. The vastly different wages paid to American workers, compared to contemporaries in Taiwan or China, is a significant factor in the shift of massive supply chain operations in the tech industry over to Asia, The New York Times says in its in-depth examination of Apple and its suppliers.
Takeaway factoid someone will repeat in your earshot this week: manufacturing the iPhone in the United States would add about $65 to the cost of each unit. Is that worth it?
But it’s not just about the wages. The biggest shocks of the paper’s examination of Foxconn, one of Apple’s major suppliers for the iPhone, are about physical scale, not payscale. The plant known as Foxconn City employes some 230,000 workers, with more than one quarter of them living on-site in company-built dormitories, The Times reports. The kitchens that feed the workers churn out 13 tons of rice per day, and guards work the hallways to prevent workers from trampling one another.
And the most chilling assessments of the U.S. labor market’s inability to share in some of this new manufacturing activity speak to simple inability to compete. Read more.