Marketplace for Friday, August 3, 2012
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The monthly jobs numbers are out and they show we're doing the same amount of work but with a much smaller workforce. Tess Vigeland talks to Michael Kocher from the International Rescue Committee about where all the thousands of Syrian refugees are fleeing. The drought is still parching parts of the country, and with a government relief package, taxpayers may end up paying for the major losses in crops. Clothing designer Lacoste just hit a milestone: 10 million likes on Facebook. And we say hello to Silicon Valley's summer camp for techies.
Posted In: kickstarter, Pentagon, counterfeit
The news that didn't quite make the headlines. This week: Missile Defense staff warned to stop surfing porn sites, an entire industry of consultants to help you raise money on Kickstarter, and counterfeit $100 bills in Arizona.
Posted In: farm, drought, insurance, crop insurance
Even in severe drought, farmers who grow commodity crops such as corn and soybeans are significantly protected by insurance they buy from private insurers. The ultimate insurer in a disastrous year? Taxpayers.