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Smart Cards Could Have Protected Target Shoppers From Identity Thieves

U.S. banks rely on credit cards with magnetic strips, which can be easily reproduced by thieves, while European banks have issued millions of more modern "smart cards" that are embedded with computer chips. Smart cards encrypt transaction information, require thieves to know the cardholder’s PIN, and can generate one-time-only passwords.

Gerry Smith, Huffington Post

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n-SMART-CARD-large.jpg Dec 23, 2013 | After thieves hijacked credit and debit card data belonging to 40 million Target shoppers, many blamed the retail giant for putting them at risk of identity theft.

But some experts are also pointing to a less visible culprit: the credit card industry. Card issuers might not have been able to prevent the recent data breach at Target, but if they had upgraded to more secure technology, they could have deterred thieves from using that stolen information to make counterfeit credit cards.

Gerry Smith is a technology reporter at Huffington Post.

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The True Price of Great Holiday Deals, Robert ReichHuffington Post

  • The sobering reality is the United States has no national strategy for creating more good jobs in America. Until we do, more and more Americans will be chasing great deals that come largely at their own expense.
  • Walmart: The High Cost Of Low Prices
Section(s): 

Special Project | The Big Box/Fast Food Business Problem: Week Ending December 15, 2013

Corporate Accountability and Workplace

The High Cost of Low Prices

9 New items including:

  • A Death Knell for the McJob?
  • The True Price of Great Holiday Deals
  • The Wal-Mart You Don't Know
  • Black Friday Walmart Protests
  • “They have blood on their hands"
  • One Walmart's Low Wages Could Cost Taxpayers $900,000 Per Year, House Dems Find
  • Walmart CEO Mike Duke: 'We Do Pay Competitive Wages' 
  • Walmart's Internal Compensation Documents Reveal Systematic Limit On Advancement,
  • Fight back against Walmart’s race-to-the-bottom economics

David Culver, Ed., Evergreene Digest 

Adam ZyglisAdam Zyglis | Black Friday

A Death Knell for the McJob? David Moberg, In These Times

  • 'Eight dollars and sixty-five cents is unacceptable. Not only are we the backbones of these companies, we bring the corporations the money, but out of all the people at the corporation and franchises, we get paid the least.'
  • Strikes in 100 cities signal a sea change in attitudes about low-wage work.

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The True Price of Great Holiday Deals, Robert Reich, Huffington Post

  • The sobering reality is the United States has no national strategy for creating more good jobs in America. Until we do, more and more Americans will be chasing great deals that come largely at their own expense.
  • Walmart: The High Cost Of Low Prices

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The Wal-Mart You Don't Know, Charles Fishman, Fast Company

  • The giant retailer's low prices often come with a high cost. Wal-Mart's relentless pressure can crush the companies it does business with and force themto send jobs oversees. 
  • Are we shopping our way straight to the unemployment line?
  • Walmart: The High Cost Of Low Prices

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Black Friday Walmart Protests, Teresa, Joe, John and Susan, Peoples World / Black Friday Protests

The holiday season is already upon us and Black Friday Walmart protests are being planned across the nation. You can find one near you here: Black Friday Protests. Send us your photos, stories to editors@peoplesworld.org or tweet us @peoplesworld. Help us keep the coverage of Walmart workers going. Donate today. Solidarity forever! 

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“They have blood on their hands" Josh Eidelson, Salon

  • Meet Wal-Mart’s worst nightmare
  • A top Bangladesh labor leader slams retailers, issues a plea to consumers, and explains why her life is in danger
  • California Wal-Mart workers strike today, following stunning Florida victory
  • These Kmart Workers Say They Can't Even Take Thanksgiving Off

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One Walmart's Low Wages Could Cost Taxpayers $900,000 Per Year, House Dems Find, Dave Jamieson and Saki Knafo, Huffington Post

Aubretia Edick, a Massachusetts woman who earns $11.70 an hour and receives public assistance, food stamps, Section 8 housing, and state-funded health care, said her reliance on the safety net is one reason she plans to join the strikes. “Walmart doesn't pay my salary,” she said. “You (the taxpayer) pay my salary.”

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Walmart CEO Mike Duke: 'We Do Pay Competitive Wages' Harry BradfordHuffington Post

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Walmart's Internal Compensation Documents Reveal Systematic Limit On Advancement, Alice Hines and Christina Wilkie, Huffington Post 

  • Walmart’s hourly workers are (most) likely to wind up like the 30-year-old sales associate in Mississippi who told HuffPost he makes just $8.65 an hour after three years with the company.
  • Walmart hit by Black Friday strikes across 46 states, say protesters

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Fight back against Walmart’s race-to-the-bottom economics, Kaytee Riek, SumOfUs.org

Walmart workers are getting ready to strike on the biggest shopping day of the year, “Black Friday,” and they asked the SumOfUs.org community to help make the strike as big as possible.

Section(s): 

A Death Knell for the McJob?

Corporate Accountability and Workplace

 

  • 'Eight dollars and sixty-five cents is unacceptable. Not only are we the backbones of these companies, we bring the corporations the money, but out of all the people at the corporation and franchises, we get paid the least.'
  • Strikes in 100 cities signal a sea change in attitudes about low-wage work.

 

David Moberg, In These Times

 

 

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Moberg_McDonalds_Fast-FoodDawn Moore was on “strike” Thursday (Dec 5). It was more a protest than a conventional attempt to stop all work at her job site, but it still packed a punch.  She took a day off from her work at a McDonald’s in Chicago to join more than 150 protestors who marched from one fast-food or retail store to another in both the downtown “Loop” and several outlying neighborhoods. Chanting “we are the 99%” and carrying a giant Grinch puppet, they were there to demand that employers in those low-wage businesses pay employees $15 an hour and respect their right to organize a union freely.

 

“I think we all deserve a fair living wage,” says Moore, 41, a 7.5-year veteran McDonald’s worker. A divorced mother of two, she struggles to pay off $9,000 in student loans she incurred during less than a year at a “scam” college and has to move back and forth between apartments of a friend and a sister.

David Moberg, a senior editor of In These Times, has been on the staff of the magazine since it began publishing in 1976.

 

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Fast-Food Strike | Workers in 100 Cities Push for $15 Hourly Wages, Associated Press / Christian Science Monitor

  • Fast-food strike: A nationwide fast-food strike started early Thursday (Dec 5) in Detroit, Atlanta, and dozens of other cities. The strike is organized by labor unions pushing for higher wages.
  • Americans Want a Great Big Increase in the Minimum Wage
Section(s): 

The True Price of Great Holiday Deals

  • The sobering reality is the United States has no national strategy for creating more good jobs in America. Until we do, more and more Americans will be chasing great deals that come largely at their own expense.
  • Walmart: The High Cost Of Low Prices

Robert Reich, Huffington Post

Bloomberg via Getty ImagesAmerican Manufacturing Jobs

The most important website last weekend (Nov 30 - Dec 1) and in weeks to come -- on which the hopes and fears of countless Americans are focused (and the president's poll-ratings depend) -- is not HealthCare.gov. It's Amazon.com.

Even if and when HealthCare.gov works perfectly, relatively few Americans will be affected by it. Only 5 percent of us are in the private health-insurance market to begin with. But almost half of Americans are now shopping for great holiday deals online, and many will be profoundly affected -- not because they get great deals, but because their jobs and incomes are at stake.

Robert Reich: Chancellor's Professor of Public Policy, University of California at Berkeley; Author, Beyond Outrage

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Walmart: The High Cost Of Low Prices, YouTube / Wikipedia

Wal-Mart: The High Cost of Low Price is a 2005 documentary film by director Robert Greenwald. The film presents a negative picture of Wal-Mart's business practices through interviews with former employees, small business owners, and footage of Wal-Mart executives. The film intersperses statistics between the interviews to provide large-scale examinations beyond personal opinions. The documentary was released on DVD on November 4, 2005.

 

Section(s): 

Fast food CEOs exploit despicable tax loophole

Corporate Accountability and Workplace

  • Outrageous: In two years, fast food corporations paid out $183 million in deductible "performance pay" to top brass.
  • National Strike and Protests Against Fast Food's Low Pay

Josh Eidelson, Salon

Taxpayer Susidy of Fast Food CEOsTuesday, Dec 3, 2013 | A 20-year-old tax loophole netted top fast food chains an extra $64 million over the past two years, according to a new study released days before fast food workers plan the largest U.S. strike in the industry’s history.

“This is a perverse loophole that encourages excessive executive compensation …” said Sarah Anderson, who directs the Global Economy Project of the progressive Institute for Policy Studies. “Taxpayers absolutely should not be subsidizing runaway CEO pay.”

Josh Eidelson (@josheidelson): staff reporter Salon, covering politics, labor, & inequality.

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Related:

National Strike and Protests Against Fast Food's Low Pay, Nancy SalgadoCredo Action

Low Pay Is Not Ok

  • Get Involved: Sign up for a rally near you to help us be seen and heard on Thursday, November 5.
  • Truth to Tell | After Black Friday: What’s Next for Low Wage Workers?
  • How McDonald's And Walmart Became Welfare Queens
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Keystone Pipeline: 125 Dents & other damage already!

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  • TransCanada Has Already Had To Fix 125 Dents And Sags In Southern Keystone Pipeline
  • Series | Snake Oil- Chapter 5, The Economics of Fracking: Who Benefits?

Emily Atkin, Think Progress

Submitted by Evergreene Digest Contributing Editor Lydia Howell

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/KEystone-PatchesPatches on a portion of the Keystone XL pipeline. Credit: Public Citizen

November 12, 2013 | Synthetic crude oil hasn’t yet entered the southern segment of the Keystone XL pipeline, but a report released Tuesday by non-profit consumer rights group Public Citizen says the pipes are already bending, sagging and peeling to the point of a possible spill or leakage of toxic tar sands.

Drawing on the accounts of landowners, citizens and former workers of TransCanada, the report documents alleged construction problems and engineering code violations along the Texas portion of the pipeline, proved by what the group says is a staggering amount of excavations to correct dents and patch holes. Public Citizen is calling on the Pipeline and Hazardous Material Safety Administration to review TransCanada’s construction quality assurance records for possible federal violations, and perform a complete re-testing of the pipeline to see if the repairs work.

Emily Atkin is a reporter for Climate Progress, a part of Think Progress.

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Related:

Series | Snake Oil- Chapter 5, The Economics of Fracking: Who Benefits? Richard Heinberg, Resilience.org

snake-oil-front-cover

This article is an excerpt from Richard Heinberg's new book Snake Oil: How Fracking's False Promise of Plenty Imperils Our Future. Given the urgency and importance of the issues we are serializing the book here at Resilience.org

  • Chapter 4: Fracking Wars, Fracking Casualties
  • Chapter 3: A Treadmill to Hell
  • Chapter 2: Technology To The Rescue
  • Chapter 1: This is What Peak Oil Looks Like
  • Introduction: How Fracking's False Promise of Plenty Imperils Our Future

From Rome, Five Basic Insights on Inequality

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  • In plain yet powerful language, Pope Francis is challenging the givens of our deeply unequal world - and helping inspire resistance to it.
  • Where the Minimum Wage Would Be If It Kept Pace with The Earnings of the 1%

Sam Pizzigati, Inequality.org

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pope-francisA new exhortation from Pope Francis offers a wide-ranging condemnation of the economic gaps that divide us.

Sunday, 01 December 2013 | Sometimes you don’t have to say anything “new” to make news. Consider, for instance, the “apostolic exhortation” the Vatican released last Tuesday.

This statement from Pope Francis, observers note, didn’t really break any bold new theological ground. But the Pope’s exhortation, the first all his own since he stepped onto the world stage last March, still made front pages the world over — and fully merited all that attention.

Veteran labor journalist and Institute for Policy Studies associate fellow Sam Pizzigati edits Too Much, a weekly newsletter on excess and inequality.

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Related:

minimumwagefeatureWhere the Minimum Wage Would Be If It Kept Pace with The Earnings of the 1%, by Alan Pyke, Think Progress 

December 1, 2013 | If the minimum wage had grown at the same rate since 1960 as the earnings of the top 1 percent of Americans, the federal wage floor would be more than triple the current hourly minimum of $7.25.

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