Industrialized Cyclist Notepad


Could be ‘just one of those things’

Significantly more bicyclists killed in car-bike crashes, significantly fewer injured in car-bike crashes… Does this make some kind of sense?

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via NHTSA 2011 Motor Vehicle Crashes Overview (pdf): http://www-nrd.nhtsa.dot.gov/Pubs/811701.pdf



States sue EPA over fracking emissions

Schneiderman said that the coalition of states “can’t continue to ignore the evidence of climate change or the catastrophic threat that unabated greenhouse gas pollution poses to our families, our communities and our economy.” He said Connecticut, Delaware, Maryland, Massachusetts, Rhode Island and Vermont joined in sending a required 60-day notice of intent to sue to EPA.

Pennsylvania, West Virginia, and Ohio – all states with intensive oil and gas drilling – didn’t join in the campaign. None of the states that sent the notice to the EPA are major producers of oil or gas

via Drilling Methane Emissions Lawsuit: New York And 6 Other States To Sue EPA.



HSBC Is “Too Big To Jail”

via Neil Barofsky (former Inspector General of TARP) and New Republic:

Some perspective: HSBC sent more than $800 million in bulk cash from Mexico to the United States, a good chunk of which apparently represented proceeds from some of the most notorious Colombian drug cartels. As someone who tried the first narcotics money laundering case involving extradition from Colombia, let me assure you that this is a lot of money, the discovery of which usually generates vigorous prosecutions and lengthy prison sentences. And it wasn’t HSBC’s only dirty business: There were also hundreds of millions of more dollars of illegally disguised transactions with rogue nations such as Iran and Sudan.

Why no criminal charges? Why instead only some remedial measures and a “historical” fine that can be measured in weeks — not years — of earnings? It certainly wasn’t for lack of evidence. No, instead the government determined that HSBC is not only too big to fail, but also too big to jail. As the New York Times first reported, even though there were strong voices within DOJ pushing for criminal charges, the big banks’ best friends within the government (the Treasury Department, of course, and other unnamed regulators) were too fearful that an indictment could destabilize the global financial system. Yes, it’s 2008 all over again. In the name of systemic stability, a megabank again escapes accountability for its actions, rescued by compliant officials.  

via HSBC Is "Too Big To Jail": Another Banking System Disgrace | The New Republic.




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