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The Detroit Bankruptcy

Wallace Turbeville Demos
Detroit’s bankruptcy is, at its core, a cash flow problem caused by its inability to bring in enough revenue to pay its bills. Detroit’s bankruptcy was primarily caused by a severe decline in revenue and exacerbated by complicated Wall Street deals that put its ability to pay its expenses at greater risk.

The Demise and Afterlife of the ‘Detroit Sleeper Cell’ Case

Eric Lichtblau The New York Times
This video tells the story of the “Detroit Sleeper Cell,” the first terrorism trial after 9/11. Here, a reporter who covers terrorism for The New York Times recalls the charged atmosphere at the time and the consequences for the Justice Department.

The Surge

Matthieu Aikins Wired
In 1988 there were 350,000 cases of polio worldwide. Last year there were 223. But getting all the way to zero will mean spending billions of dollars, penetrating the most remote regions of the globe, and facing down Taliban militants to get to the last unprotected children on Earth.

NSA Infected 50,000 Computer Networks With Malicious Software

Floor Boon, Steven Derix and Huib Modderkolk NRC Handelsblad
The NSA computer attacks are performed by a special department called TAO (Tailored Access Operations). Public sources show that this department employs more than a thousand hackers. According to the Washington Post, the NSA has been carrying out this type of cyber operation since 1998.

MGM Vegas Casino Workers Approve Union Contract

Michelle Rindels AP
Members of the largest local of UNITE HERE, Culinary Union local 226, along with Bartenders local 165, voted to approve a five year contract with the largest Strip employer, MGM Resorts. This is the first new contract with the gaming employer since 2007, prior to the recession. The contract includes an economic package that funds the continuation of health benefits and pension. Currently workers pay no monthly premiums for benefits.

New Momentum for Anti-Capitalism Protests?

Deutsche Welle
Decentralized protests instead of large rallies - this is Blockupy's modus operandi. At a meeting in Frankfurt, the critics of capitalism are planning new demonstrations against the EU's strict austerity measures