World China Social Credit System Beijing President Xi Jinping Social management Chinese investigative journalist Liu Hu found out he was blacklisted when he tried to buy a flight to Guangzhou last year. After several airlines rejected his booking, Liu discovered that China’s government was keeping a list of “untrustworthy” people who were banned from flying—and that he was on it. Liu had fallen afoul of Beijing in 2016 after he made a series of claims on social media accusing officials of corruption. He was forced to pay a fine and apologize, and when he did so he thought the case was closed. However, it wasn’t: Not only has Liu been barred from flying, but his new status as a “dishonest person” comes alongside a slew of other restrictions. “My life [is] very inconvenient,” he told Newsweek. “I’m also not allowed to purchase property, I can’t send my daughter to a good school or travel on high-speed trains.” … [Read more...] about ‘Black Mirror’ in China? 1.4 Billion Citizens To Be Monitored Through Social Credit System
MADISON — Wisconsin’s investor-owned utility companies must give a total of $130 million to their customers in the form of credits on their July bills followed by monthly reductions, the Wisconsin Public Service Commission has ruled in a preliminary decision.The proposed July bill credit represents the first six months of tax savings the utilities will have amassed since Congress passed major changes to the tax code in late 2017, lowering the corporate tax rate from 35 percent to 21 percent.“Every customer of an investor-owned utility (in Wisconsin) will receive some sort of bill credit,” said PSC spokesman Matthew Spencer.We Energies spokesperson Amy Jahns said the utility would apply the majority of its tax benefits to deferred balances held to the American Transmission Company for transmission service.“Our transmission costs are incurred through charges from the American Transmission Company (ATC). We, like all other utilities in the state, are … [Read more...] about Wisconsin utility companies are told to credit customers $130 million
AeroControlex Group Inc. plans to expand in Painesville with the help of a state Job Creation Tax Credit. The Ohio Tax Credit Authority at its meeting on Monday, April 30, approved a six-year, 1.392% tax credit for AeroControlex, according to a news release. Six projects were approved in total; the AeroControlex project is the only one in Northeast Ohio. AeroControlex makes control valves, pumps and control assemblies for industries including aerospace, marine and nuclear. This expansion of an existing building will grow operational capacity, state documents stated. The project is expected to create 40 full-time jobs, the release stated, creating "$2.3 million in new annual payroll and retaining $10.2 million in existing payroll." The agreement requires AeroControlex to maintain operations at the location in Painesville for at least nine years. The estimated value of the project, if all conditions are ultimately met, is about $195,000, Ohio Development Services Agency spokeswoman Lisa … [Read more...] about AeroControlex wins state tax credit for Painesville expansion
National Views By Chicago Tribune (TNS) | Tuesday, May 1, 2018, 12:05 a.m. Share this story In a stunning diplomatic development, the leaders of North and South Korea met Friday at the demilitarized zone dividing their warring countries. They smiled, shook hands on both sides of the border and sat down for an engaging chat. Could this be the beginning of the end to the Cold War-era conflict that, on its worst days, raises the threat of nuclear war? Get this: The day’s best analysis was also the simplest, tweeted by President Donald Trump, who wasn’t there at Panmunjom but played a key role in the breakthrough: “Good things are happening, but only time will tell!” ADVERTISING Yes, patience and skepticism are required. North Korea’s leader, Kim Jong Un, comes from wily stock. His father and grandfather ran their country, and ran it into the ground, as a hermetically sealed kingdom. The goal was regime preservation at all … [Read more...] about Editorial: A peaceful day in Korea. Give Trump some credit.
A college-bound teen applying for financial aid found out she had a long — and appalling — credit history created by crooks who had stolen her Social Security number when she was a baby. According to the nonprofit Identity Theft Resource Center, it took so long for the teen to clear her name that she never caught up to her peers in college.She is far from alone. Last year, nearly 14,000 identity theft cases reported to the Federal Trade Commission involved people age 19 and younger. Credit reporting agency Experian estimates a quarter of kids will be victims of identity fraud or theft before they turn 18."Child identity theft is something all parents need to be alert for," says Eva Velasquez, president of the Identity Theft Resource Center. "Thieves target children because they have clean credit reports where they can take advantage of the credentials without it going noticed for a long period of time." So where do the bad guys obtain your child's personal information? Data … [Read more...] about How to protect your kids — and their future credit — from identity thieves