Marketplace for Friday, February 22, 2013
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Deputy Secretary of Defense Ashton Carter talks about deciding which defense employees would face furloughs if sequestration triggers next week. Meanwhile, budget cuts have already sidelined the refurbishment of the USS Lincoln. We look at how cable news networks are using the Oscar Pistorius case to their advantage. Google's creating splashes in the tech world with its announcements of retail stores and a high-end laptop. David Weinberg investigates the vulnerability of our power grid against cyber attacks. And a look at Durham, N.C., and how a number of foreclosures have gone wrong there.
Posted In: sequester, sequestration, defense
Deputy Secretary of Defense Ashton Carter says the mechanism of the sequester cuts to the Defense Department is "dumb."
Posted In: Housing, foreclosure, North Carolina
In some working-class neighborhoods with cheap housing, the banks actually lose money on a foreclosure. So it’s cheaper to do nothing.
Posted In: cyberterrorism, cybersecurity, power grid
Cyber attacks are in the news, but physical sabotage to large transformers would probably cause more damage to the nation's electric grid.
Posted In: navy, ship, USS Lincoln
President Obama goes to a shipyard next week where the USS Abraham Lincoln is awaiting refitting. An aircraft carrier is a great background for everything from presidents to Cher.