With food safety bill, U.S. government will spend nearly $1 million per person to prevent food-borne illness deaths :: (NaturalNews) The recently-passed Food Safety Modernization Act, which was passed in order to prevent food-borne illness deaths in the USA, will cost $1.4 billion over the first five years. But nobody thinks about the economics of the issue. How many people are we going to save by spending this $1.4 billion, even assuming it works?To answer that question, let's look at the food illness fatality figures offered by the CDC:• Out of the 5,000 food-borne illness deaths each year in the United States, only 1,809 are "attributable to foodborne transmission" according to the CDC (http://www.cdc.gov/ncidod/EID/vol5no5/mead.htm#Table%203).• E.coli, which is often quoted in the big scare stories about food safety, only kills 78 people a year through food-borne transmission (52 plus 26, fro...
url: http://www.medworm.com/index.php?ridB93595&cid=ct_15_91_f&fid6976&url=http%3A%2F%2Fwww.NaturalNews.com%2F030853_food_safety_government_spending.html
How to start a business without a bank loan :: Starting a business with no bank loan
url: http://www.bbc.co.uk/news/business-19286163#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa
How Much Inequality Is Needed to Support a Strong Economy? :: There's plenty of self-interest on display in the debate on inequality, but behavioral and experimental economic studies and other inquiries into the topic show that there's more to the issue than meets the eye.read more (Source: Psychology Today Work Center)
url: http://www.medworm.com/index.php?ridb03382&cid=ct_15_36_f&fid5661&url=http%3A%2F%2Fwww.psychologytoday.com%2Fblog%2Fthe-good-the-bad-the-economy%2F201207%2Fhow-much-inequality-is-needed-support-strong-economy
How Much Will Libor Suits Cost Banks? :: Banks involved in London interbank offered rate benchmark, or Libor, manipulations could be liable for billions of dollars in lawsuits from a slew of financial firms and investors who were affected by the distortions, according to reports.
url: http://www.ibtimes.com/articles/377781/20120827/libor-scandal-lawsuit-costs-banks.htm
How will case impact Samsung? :: url: http://rss.cnn.com/~r/rss/edition_business/~3/9TYNMJqNmiA/
How Iridium took a chance on SpaceX and won :: url: http://feedproxy.google.com/~r/OmMalik/~3/XPTCmOMrXDU/
Labor Claims Coalition Will Bring Back Work Choices from the Dead :: Former Prime Minister John Howard has affirmed earlier this August that the Australian economy is at a solid state as claimed by the Labor-led federal government, according to a report over the weekend by the Australian Financial Review (AFR).
url: http://www.ibtimes.com/articles/377608/20120827/labor-claims-coalition-will-bring-back-work.htm
How China drives commodities down :: China's slowing growth hits global resource boom
url: http://www.bbc.co.uk/news/business-19353980#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa
The Bain Files: Romney Document Dump Reveals Secrets To A 13% Tax Rate :: Newly-released documents confirm criticisms of Republican presidential candidate Mitt Romney's road to enduring riches. What emerges is a system that exploits several weaknesses in tax laws regarding overseas investments, as well as backdoor methods of swapping assets behind the government's back. How politically damning any of this may be remains to be seen.
url: http://www.ibtimes.com/articles/376898/20120823/bain-files-romney-gawker-taxes-cayman-investments.htm
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