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Censorship

TSA Internally Blocking Websites With 'Controversial Opinions' 147

sterlingda writes "The Transportation Security Administration is blocking certain websites from the federal agency's computers, including halting access by staffers to any Internet pages that contain a 'controversial opinion,' according to an internal email obtained by CBS News. The new rules came into force on July 1, and prevent TSA employees from accessing such content, though what is deemed 'controversial opinion' is not explained."
Privacy

California Judge Routes Campaign Robocalls Through Colorado 191

Thomas Hawk writes "Victoria Kolakowski, a current sitting law judge at the California PUC, is running for Alameda Superior Court judge in California. As part of her campaign she is robodialing people in California with a pre-recorded message. The only problem is that in Califorina robodials are actually illegal unless first introduced by a non-recorded natural person who gains consent to play the call. Ironically, the agency set up to protect our privacy and enforce this law, the California PUC, is the very agency where Kolakowski works today. Kolakowski originally apologized for the calls but then later deleted messages on her Facebook account from people objecting to her use of these calls. Now Kolakowski is trying to argue that because 'technically' she is routing her calls through Colorado from outside the state that her robodials are actually legal."
Earth

BP Knew of Deepwater Horizon Problems 11 Months Ago 438

jkinney3 was one of several readers to send in news of recently discovered internal documents from BP which indicate the company knew "there were serious problems and safety concerns with the Deepwater Horizon rig far earlier than those the company described to Congress last week." According to the New York Times, "The documents show that in March, after several weeks of problems on the rig, BP was struggling with a loss of 'well control.' And as far back as 11 months ago, it was concerned about the well casing and the blowout preventer." Reader bezenek points out this troubling quote about BP's inconsistent risk assessments: "In April of this year, BP engineers concluded that the casing was 'unlikely to be a successful cement job,' according to a document, referring to how the casing would be sealed to prevent gases from escaping up the well. The document also says that the plan for casing the well is 'unable to fulfill M.M.S. regulations,' referring to the Minerals Management Service. A second version of the same document says 'It is possible to obtain a successful cement job' and 'It is possible to fulfill M.M.S. regulations.'"
The Almighty Buck

IRS Wants a Cut of Sales On eBay and Craigslist 517

Ponca City, We love you writes "In 2009, $60 billion worth of items were sold on eBay, meaning 'extra' money for many sellers, whose activities may provide them with taxable income. Now the Washington Post reports that beginning next year, a new law will require 'the gross amount of payment card and third-party network transactions to be reported annually to participating merchants and the IRS.' Also, for 2011 tax returns, 'taxpayers who annually sell more than $20,000 worth of goods and have more than 200 electronic transactions' will receive a new IRS form, known as 1099-K, for reporting the proceeds. The new tax issues shouldn't be a concern for people who sell just a few small items online for less than they paid for them, because as the IRS points out, income from auctions that resemble a garage or yard sale 'generally' isn't required to be reported. But if an online garage sale turns into a business with recurring sales and purchases of items for resale, it may be considered an online auction business. 'Generally, transactions resulting in a gain are reportable, regardless of whether the taxpayer is conducting a business,' says Gil Charney, principal tax researcher at The Tax Institute at H&R Block. The real reason behind the law is simple: Research shows taxpayers do a much better job of reporting taxable income when they know the IRS is receiving information about their transactions."

Comment Re:Do you want to make this multi-billion $ trade? (Score 2, Insightful) 180

You've apparently never written a trading system. Any such mechanism that is sufficiently stringent to catch the majority of such errors is by definition going to generate a number false positives--legitimately oversized trades that do need to be executed. Pretty soon the traders start clicking "allow" by reflex, and then the check becomes useless. Humans being visual creatures, the one mechanism I've seen work is to show the trader a graph of the stock price with the estimated market impact of the trade they're about to execute. When the image of that squiggly line suddenly going up or down 50% or more hits the trader's brain, it causes a reflexive "uh-oh" that makes them question what they're about to do.

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