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Struggling Greek Businesses Choked By Money Controls

A shop owner arranges his goods in central Athens on Monday. Greek banks have reopened, but capital controls remain in place.
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A shop owner arranges his goods in central Athens on Monday. Greek banks have reopened, but capital controls remain in place. Angelos Tzortzinis/AFP/Getty Images hide caption

itoggle caption Angelos Tzortzinis/AFP/Getty Images

This week the Greek Parliament approved a set of reforms it hopes will lead a new bailout. The country remains under strict capital controls that bar people from sending money abroad. In a country that imports much of what it uses and eats, that’s having a debilitating effect on the economy.

The past few years have been tough for the merchants in Athens Central Market. But the closing of the banks earlier this month made a bad situation much worse.

“Under the capital controls people are limited to a certain amount of money a day so they have to prioritize what they need,” says Mateos Tsoupakis, who runs a fruit and vegetable store. “When they come in here they don’t buy a lot. They don’t want to spend all the money they have.”

Over the past five years, about 250,000 businesses have folded in Greece out of a total of 900,000. And Ioannis Chatzitheodosiou, who heads the Athens Chamber of Tradesmen, says many of those that remain are deep in debt.

“These businesses are already hurting,” he says. “Now these capital controls are doing even more damage because people are consuming less and income is falling.”

But poor sales aren’t the only problem Greek businesses face. Excluding the food sector, Greece imports about 70 percent of what it sells.

Apostolos Kosmidis runs a bird store. The brightly colored canaries and parakeets he sells are bred in the Netherlands and imported into Greece. He buys bird feeders from Poland and pet food from Austria. Since the capital controls, he has been unable to send money to those countries so he can’t buy anything for his store.

“It’s simple. If we keep going like this we’re going to close,” he says. “Our business will close. It’s that simple.”

While the banks reopened this week, the government hasn’t said when capital controls will be lifted, and most people expect it will take months. So businesses are stumbling along in the dark, unsure of how to proceed.

Kiriakos Kaplanoglou runs a company that provides materials used in metal plating for things like doorknobs and jewelry. He’s not allowed to send money to his suppliers in places such as Germany and Italy.

“Some of them have already sent the materials to us and after that the capital controls were imposed to Greece so we cannot pay them,” he says. “And of course they don’t sell anything else to us.”

Kaplanoglou is trying to get around the controls by asking his foreign customers to make payments into a new account he’s set up in Cyprus. Meanwhile, to keep his stockpile of materials from running low, he sells his customers only what they need right away. And he no longer gives them months to pay.

“It’s not a rule; it depends on the customer, but basically the payment terms have been changed,” he says. “They’re almost cash.”

Kaplanoglou says he can survive for a while, but a lot of companies aren’t so fortunate. The Athens Chamber of Tradesmen estimates that about 15 percent of Greek businesses will close by September if the controls aren’t lifted — and that number will grow with each passing month.

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House To States: Don't You Dare Demand GMO Labels

A label on a bag of popcorn indicates it is a non-GMO food. House Republicans on Thursday voted in favor of a law that would block states from mandating GMO labels.

A label on a bag of popcorn indicates it is a non-GMO food. House Republicans on Thursday voted in favor of a law that would block states from mandating GMO labels. Robyn Beck/AFP/Getty Images hide caption

itoggle caption Robyn Beck/AFP/Getty Images

The argument over genetically modified food has been dominated, in recent years, by a debate over food labels — specifically, whether those labels should reveal the presence of GMOs.

The battle, until now, has gone state-by-state. California refused to pass a labeling initiative, but Maine, Connecticut, and Vermont have now passed laws in favor of GMO-labeling.

Opponents of GMO labeling, including some of the biggest food manufacturers, have turned to Congress, and this week they achieved their first notable success.

A solid majority of the House of Representatives on Thursday voted in favor of a law that would block states from mandating GMO labels.

The debate in Congress followed familiar lines. Opponents of the bill, such as Chellie Pingree, a House Democrat from Maine who is also an organic farmer, argued that it’s important for consumers to know what they are eating.

Food labels, she pointed out, already tell consumers many things. “We know how many calories are in it, thanks to the labels. We know how much vitamin C we get per serving. We know if a fish is farm-raised or wild-caught, and we want to know those things. Shouldn’t we also be able to know if the food we are buying has GMO ingredients?” she asked.

Opponents of the bill called it an infringement of the public’s right to know what’s in their food.

Congressional supporters of the bill, meanwhile, argued that mandating labels on foods containing GMOs actually is misleading, because it suggests to consumers that GMOs are somehow risky to eat — which they are not, according to the Food and Drug Administration.

“Mandatory labeling of genetically engineered products has no basis in legitimate health or safety concerns, but is a naked attempt to impose the preferences of a small segment of the populace on the rest of us,” said Republican Mike Pompeo of Kansas, the bill’s primary sponsor.

Supporters of the bill also argued that mandatory labels would raise the cost of food.

This bill now goes to the Senate, where no similar legislation has been introduced.

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Doctors Press For Action To Lower 'Unsustainable' Prices For Cancer Drugs

Skyrocketing costs for cancer drugs have triggered a backlash.

Skyrocketing costs for cancer drugs have triggered a backlash. iStockphoto hide caption

itoggle caption iStockphoto

Anyone who’s fought cancer knows that it’s not just scary, but pricey, too.

“A lot of my patients cry — they’re frustrated,” says Dr. Ayalew Tefferi, a hematologist at the Mayo Clinic. “Many of them spend their life savings on cancer drugs and end up being bankrupt.”

The average U.S. family makes $52,000 annually. Cancer drugs can easily cost a $120,000 a year. Out-of-pocket expenses for the insured can run $25,000 to $30,000 — more than half of a typical family’s income.

“These drug prices are completely unsustainable,” Tefferi says. “Pharmaceutical companies are in greed mode, and it’s sad. It’s what I call completely unregulated.”

According to a 2013 study, these steep drug prices cause about 10 to 20 percent of cancer patients to skip or compromise the prescribed treatment. Another study found that the launch price of cancer drugs, adjusted for inflation, increased by an average of $8,500 a year between 1995 and 2013.

To make the point, Tefferi recruited 117 other doctors from across the U.S. who share his concerns. Together, they agreed on seven recommendations to make cancer drugs affordable that they want the federal government to consider. The recommendations are laid out in a commentary Thursday in the journal Mayo Clinic Proceedings.

The proposals include allowing the importation of cancer drugs across the U.S. border. Drugs are cheaper in other countries, like Canada, they argue, so why not let people with cancer bring them in for personal use?

They also favor legislation that would stop drug companies from delaying access to cheaper generic versions of their drugs. Tefferi points to Gleevec, or imatinib generically, as an example. It’s used to treat chronic myelogenous leukemia and some other cancers. “That drug should have gone generic three or four years ago,” he says. “But Novartis is doing all sorts of maneuvers to prevent it.”

The doctors recommend a change that could have an even bigger effect: creating a committee to review newly approved cancer drugs and propose a fair price based on their benefits.

“There are tons of drugs [out there] that are very expensive, but they don’t work well,” Teferri says. “There needs to be a body that does a critical assessment of a drug’s value and helps determine what the price should be based on how much it really helps. It needs to be a true, honest and transparent discussion.”

The doctors also argue that Medicare should be allowed to negotiate drug prices.

Unlike private insurance, current law prohibits the government-sponsored insurance program from negotiating the cost of drugs with pharmaceutical companies. That means the government program is overcharged and pays the high prices drug companies typically set.

For its part, PhRMA, the main trade group for drug industry, wrote a response to the doctors’ commentary that said lowering drug prices would discourage innovation. The trade group also said that cancer drugs represent only one-fifth of total spending on cancer treatment.

But Leonard Saltz, an oncologist at Memorial Sloan-Kettering Cancer Center in New York, said the doctors’ proposals are on target.

“I think they, like me and many others, have a deep concern that this is a serious problem that’s interfering with access to care,” says Saltz, who co-wrote an influential New York Times editorial on cancer drug prices in 2012 that explained why Sloan-Kettering wasn’t using a new, more expensive medicine for colorectal cancer. Saltz didn’t take part in the latest commentary.

But can a group of doctors voicing their concerns in a journal article really change anything? “This is going to be a very difficult issue to resolve,” Saltz says. “No one effort will resolve it, but any effort to engage more people in the discussion and to raise awareness will be helpful.”

Saltz adds, “Congress is the organization that’s going to be able to make a difference here.”

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California, New York And Washington, D.C., Make Moves On Minimum Wage

Demonstrators rally before a meeting of a state wage board in New York. On Wednesday, a state panel recommended the minimum wage for fast-food employees be raised to $15 an hour, bypassing the state Legislature.

Demonstrators rally before a meeting of a state wage board in New York. On Wednesday, a state panel recommended the minimum wage for fast-food employees be raised to $15 an hour, bypassing the state Legislature. Seth Wenig/AP hide caption

itoggle caption Seth Wenig/AP

A wave of wage increases in cities across the country, as well as at several major businesses, continued on Wednesday.

University of California President Janet Napolitano announced that the minimum wage for direct and contract employees in the U.C. system working 20 hours or more per week will be raised to $15 an hour over the next three years. The first hike will be to $13 an hour on Oct. 1, 2015. The minimum wage will then jump to $14 a year later, and hit $15 an hour on Oct. 1, 2017.

In a statement, Napolitano said, “… our community does not exist in a vacuum. How we support our workers and their families impacts Californians who might never set foot on one of our campuses.”

She continued, “This is the right thing to do — for our workers and their families, for our mission and values, and to enhance UC’s leadership role by becoming the first public university in the United States to voluntarily establish a minimum wage of 15 dollars.”

The move is expected to affect 3,200 workers in the university system, according to a U.C. spokesperson. The plan will also institute stronger oversight of contract employees. Spokesperson Dianne Klein told NPR that officials found some contract employees weren’t being paid adequately. “Contractors or subcontractors have been paid less than minimum wage, [and] workers have operated in poor conditions.”

On the other side of the country, a state panel in New York recommended the minimum wage for fast-food chain restaurant employees be raised to $15 an hour. The Fast Food Wage Board, appointed by Gov. Andrew Cuomo, passed a motion to raise the wage in a 3-0 vote, with gradual increases until July 1, 2021, when the full hike would be implemented. State Labor Commissioner Mario J. Musolino can accept, reject or modify the board’s recommendation.

Bloomberg reports the panel was convened by Cuomo to bypass Republicans in the state Senate, who have fought previous initiatives to raise the minimum wage.

The New York State Restaurant Association told Bloomberg that raising wages one sector at a time is wrong.

“From day one Governor Cuomo’s wage board has sought to silence the business community and force through an unfair and discriminatory increase on a single sector of one industry,” [Melissa] Fleischut said in a statement emailed Wednesday. “The result is an extremist policy that will force business owners in this low profit margin industry to cut hours, lay off employees and use technology to help offset skyrocketing labor costs.”

In a statement to NPR, Bill Lipton, director of New York’s Working Families Party, which pushed heavily for the wage hike, said: “Two and a half years ago, $15 was considered a crazy dream — now it’s close to becoming reality for over 180,000 working families. Hopefully, not too long from now, we’ll look back with amazement that we as a society ever allowed corporations in any industry to force millions to work full-time yet still live in poverty. “

And in a third major move on the minimum wage Wednesday, Washington, D.C.’s Board of Elections approved language on an initiative that, if approved, would raise the minimum wage in the District to $15 an hour by 2020. The Associated Press reports supporters will have to gather about 23,000 signatures to get it on the ballot next year. Currently, D.C.’s minimum wage is $10.50 an hour.

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How An 11-Year-Old Boy Invented The Popsicle

A vintage ad for Popsicle

A vintage ad for Popsicle The National Archives hide caption

itoggle caption The National Archives

The next time you pop a Popsicle in your mouth, think about this: You’re enjoying the fruits of an 11-year-old entrepreneur’s labor.

Back in 1905, a San Francisco Bay Area kid by the name of Frank Epperson accidentally invented the summertime treat. He had mixed some sugary soda powder with water and left it out overnight. It was a cold night, and the mixture froze. In the morning, Epperson devoured the icy concoction, licking it off the wooden stirrer. He declared it an Epsicle, a portmanteau of icicle and his name, and started selling the treat around his neighborhood.

In 1923, Epperson decided to expand sales beyond his neighborhood. He started selling the treat at Neptune Beach, a nearby amusement park. Dubbed a “West Coast Coney Island,” the park featured roller coasters, baseball, and an Olympic-sized swimming pool. Neptune flourished in the pre-Depression days, and consumers eagerly consumed Epsicles and snow cones (which also made their debut at Neptune).

Buoyed by this success, Epperson applied for a patent for his “frozen confection of attractive appearance, which can be conveniently consumed without contamination by contact with the hand and without the need for a plate, spoon, fork or other implement” in 1924. The patent illustrates the requirements for a perfect ice pop, including recommendations on the best wood for the stick: wood-bass, birch and poplar. Eventually, Epperson’s children urged him to change the ice pop’s name to what they called it: a Pop’s ‘Sicle, or Popsicle.

A 1917 ad for Alameda’s Neptune Beach, where Epperson sold his frozen “Epsicle” treats in the early 1920s. Courtesy of Alamedainfo.com hide caption

itoggle caption Courtesy of Alamedainfo.com

This origin story is charming, if somewhat apocryphal (sources differ on the details), but it didn’t have a happy ending for the inventor. A broke Epperson sold the rights to his creation to the Joe Lowe Company in the 1920s, much to his regret: “I was flat and had to liquidate all my assets,” he later said. “I haven’t been the same since.”

The Lowe Company went on to catapult Epperson’s invention to national success. During the Great Depression, the company debuted the two-stick version of the popsicle to help consumers stretch their dollar – the duo sold for five cents.

The patent Frank Epperson filed in 1924 for his "frozen confectionery."

The patent Frank Epperson filed in 1924 for his “frozen confectionery.” United States Patent and Trademark Office hide caption

itoggle caption United States Patent and Trademark Office

But this delicious duo faced competition from Good Humor – which had recently debuted its own chocolate-covered ice cream on a stick – and Lowe was sued for copyright infringement. The court’s compromise? Popsicle could sell water-based treats, and Good Humor could sell ice cream pops. Popsicle tested the limits of the agreement, selling a “Milk Popsicle,” and the two companies tussled in court about the definitions of sherbert and ice cream over the years through a series of lawsuits.

The giant food corporation Unilever scooped up the Popsicle brand in 1989, expanding the brand beyond its original fruity flavors. It also bought Good Humor, ending the feud between the two icy competitors.

Over the years, Epperson’s childhood invention has achieved iconic status, standing in for any frozen treat the way Kleenex means a tissue. Which explains why also over the years, Unilever has worked to keep the name Popsicle its and its alone: In 2010, the company threatened legal action against artisan Brooklyn ice pop makers People’s Pops for using the word “popsicle” on its blog.

As for Epperson, he died in 1983 and is buried in Oakland’s Mountain View Cemetery, where he’s featured on a tour celebrating local food luminaries – including chocolate mogul Domingo Ghirardelli and mai tai inventor Victor “Trader Vic” Bergeron.

But his story lives on in many forms — from the official Popsicle website, where it’s illustrated in comic form, to an inspirational Christian self-help book about trusting in God’s grand plan for your life. Epperson’s childhood invention, born randomly on a freezing night, has also proved to be even more successful than he could have imagined: These days, some 2 billion Popsicles are sold each year.

Shelby Pope is a freelance writer living and eating her way through Oakland, Calif. A version of this story first appeared on KQED’s Bay Area Bites blog.

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FCC Set To Approve AT&T-DirecTV Merger

FCC Chairman Tom Wheeler has circulated an order to his fellow commissioners on the Federal Communications Commission to approve the $48.5 billion merger between AT&T and DirecTV.

In a statement, Wheeler said the move would bring more competition to the broadband marketplace and benefit consumers.

“If the conditions are approved by my colleagues, 12.5 million customer locations will have access to a competitive high-speed fiber connection,” Wheeler said. “This additional build-out is about 10 times the size of AT&T’s current fiber-to-the-premise deployment, increases the entire nation’s residential fiber build by more than 40 percent, and more than triples the number of metropolitan areas AT&T has announced plans to serve.”

Under the terms of the order, AT&T will not be allowed to place data caps on rivals offering video and other content, and it will be required to submit all completed interconnection agreements to the FCC.

The Wall Street Journal reports that the Justice Department has signed off on the deal.

The two companies announced the merger in May 2014. As NPR’s Jim Zarroli reported at the time:

“The merger will unite one of the nation’s most powerful telecommunications companies with one of its leading pay-TV services. Together, the two companies will have 26 million pay-TV customers. And the deal will allow AT&T to offer a much more varied menu of services to potential customers.”

The deal would also, in the words of The Journal, lift “the shadow of AT&T’s bungled attempt to buy T-Mobile US Inc. in 2011 that was blocked by the Justice Department, a misstep that cost the company more than $4 billion in break-up fees and other penalties.”

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The Ghost In The Car May Be A Hacker

Chris Valasek (left) and Charlie Miller talk about hacking into vehicle computer systems during the Black Hat USA 2014 hacker conference in Las Vegas last August.

Chris Valasek (left) and Charlie Miller talk about hacking into vehicle computer systems during the Black Hat USA 2014 hacker conference in Las Vegas last August. Steve Marcus/Reuters/Landov hide caption

itoggle caption Steve Marcus/Reuters/Landov

Andy Greenberg was minding his own business, driving a Jeep Cherokee on the highway in St. Louis when the SUV’s air vents suddenly started blasting cold air. Then the radio switched stations and began blaring hip hop at full volume. Spinning the radio control knobs did nothing. Soon, the windshield wipers turned on and wiper fluid obscured Greenberg’s view.

Then things started getting really interesting.

Let’s stop the story for a moment. Greenberg is a senior writer for Wired and he knew he was taking part in a demonstration by Charlie Miller and Chris Valasek. For years, the two researchers have been hacking cars’ onboard computers to show that modern autos are vulnerable to various cyber exploits.

You may remember that NPR’s Steve Henn reported on their experiments in 2013. Back then, Miller and Valasek demonstrated that they could jerk the wheel of a Prius or kill the brakes of a Ford Escape — using laptops wired to the cars’ computer systems.

This time, though, they didn’t have to be in the car — or anywhere near it — to wreak havoc on the controls. From miles away, the researchers were able to use a cellular connection to access the Jeep with Greenberg behind the wheel.

Now, back to Greenberg’s 70 mph drive from hell:

“As the two hackers remotely toyed with the air-conditioning, radio, and windshield wipers, I mentally congratulated myself on my courage under pressure. That’s when they cut the transmission.

“Immediately my accelerator stopped working. As I frantically pressed the pedal and watched the RPMs climb, the Jeep lost half its speed, then slowed to a crawl. This occurred just as I reached a long overpass, with no shoulder to offer an escape. The experiment had ceased to be fun… .

“Cars lined up behind my bumper before passing me, honking. I could see an 18-wheeler approaching in my rearview mirror.

Greenberg didn’t end up in an ambulance. He was able to roll the Jeep down an exit ramp and regain full control after turning the ignition off and on.

Miller and Valasek had taken over the Jeep after detecting a vulnerability in Uconnect, the computer system Chrysler uses. Greenberg explains in his Wired report:

“Uconnect, an Internet-connected computer feature in hundreds of thousands of Fiat Chrysler cars, SUVs, and trucks, controls the vehicle’s entertainment and navigation, enables phone calls, and even offers a Wi-Fi hot spot.”

Chrysler has issued a notice on its website that a free patch for the vulnerability is available for download or through dealers. “The security and confidence of our customers is important.,” the company says. “Similar to a smartphone or tablet, vehicle software can require updates for improved security protection to reduce the potential risk of unauthorized and unlawful access to vehicle systems.”

And on Tuesday, Sens. Edward Markey, D-Mass., and Richard Blumenthal, D-Conn., introduced legislation that would require the National Highway Traffic Safety Administration and the Federal Trade Commission to “establish federal standards to secure our cars and protect drivers’ privacy.” Their bill would also establish a rating system to let consumers know how well their cars protect drivers’ security and privacy.

Earlier this year, Markey issued a report warning of wireless vulnerabilities similar to those that Miller and Valasek demonstrated.

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With Ad Blocking Use On The Rise, What Happens To Online Publishers?

The rise of ad blockers threatens the business model that drives much of the Internet economy.
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The rise of ad blockers threatens the business model that drives much of the Internet economy. Danae Munoz/Ikon Images/Getty Images hide caption

itoggle caption Danae Munoz/Ikon Images/Getty Images

Advertising is the basic business model of the Internet. It’s one reason we can view online content free of charge.

Millions of Web surfers already download software to block ads online, and that number is growing. Soon, Apple could be making mobile ad blocking easier.

When the All Tech Considered team tested out the popular ad blocker, Adblock Plus, YouTube videos started without a commercial first, and on newspaper websites, the ads disappeared.

As you can well imagine, that doesn’t sit well with sites that sell online advertising. Google gets 90 percent of its revenue from online ads, and mobile ads make up 73 percent of Facebook’s ad revenue.

So, how is the freedom to choose not to see ads faring in the Web economy? And how are publishers fighting back?

To gauge what blocking ads could mean for the online advertising industry, NPR’s Robert Siegel spoke with Business Insider’s global advertising editor Lara O’Reilly; Tim Schumacher, chairman of Adblock Plus; and Ben Barokas of Sourcepoint, a firm trying to counter ad blockers.

How Big Is Ad Blocking Use?

“According to some estimates, 144 million people globally used an ad blocker last year, and that was up 70 percent year on year,” O’Reilly says. “So it’s definitely on the rise, but it’s not necessarily a large proportion of the Internet population. It tends to be the more technically advanced user, skewed toward males, gamers and so on.”

Apple To Join The Block

According to Apple’s prereleased developer documentation for new versions of its iOS and OS X operating systems, which run on the iPad, iPhone and Macs, the company plans to bring content blocking extensions to the Safari Web browser.

Apple is being ambiguous as to why it’s introducing ad blocking.

“What they’re saying is that they will allow developers — people that build apps — to build extensions that block content on Safari,” O’Reilly says. “And it does stipulate that that could include ads. And Apple hasn’t confirmed what it means by this yet. What we can assume is that you can say, I want to block pop-up ads but I don’t want to block banner ads or video ads.”

What It Means For Publishers

How threatened are publishers, search engines and social media sites if readers can opt out of the ads?

After installing Adblock Plus to the Chrome browser, Wired.com, for example, greets users with a message where the ads would otherwise be: “Please do us a solid and disable your ad blocker. … Add us to your whitelist.”

A whitelist, in this case, is a list of certain websites that the user allows to pass through the ad blocker filters to serve ads.

“Depending on how far you go, the doomsayers say this could be the end of the free Internet as we know it if ad blocking becomes mainstream,” O’Reilly says. “Every time you go to a free Internet site, whether you could’ve realized it or not, a transaction takes place. You’re viewing content for free, and in exchange, the publisher serves you ads.”

Adblock Plus is the most-downloaded ad blocking software for desktops, with 400 million installations, and draws 50 million to 60 million monthly users.

Companies that depend on advertising online say there will be a lot less content on the Web if there’s a lot less ad revenue, which means there will be a lot more places you have to pay for access to view the content.

On this possibility, Adblock Plus Chairman Tim Schumacher says, “I think those companies are right and that’s exactly why Adblock Plus actually has a different way of being an ad blocker. Now, first of all of course, people love to block annoying ads. Especially video ads, pop-ups, Flash banners, everything which is really getting into the way of reading content online. Now, at the same time, publishers’ interests are really important and so, we’ve come up with what we call ‘acceptable ads,’ and those are ads which are non-annoying. Small text ads, small pictures, anything which is not interrupting the viewer’s flow and they still help financing the Web and that’s what we believe the Web needs to be.”

These “acceptable ads,” from any advertiser, can pass through the Adblock filter on any site without having to pay to be whitelisted, Schumacher says.

“The most important thing is really if ads are meeting the community-set criteria. And if they do, they get whitelisted,” he says. “Ninety percent of companies and individual blogs get whitelisted for free. Our model really is just that the big companies, they need to pay and they basically need to finance that model for everyone else — and that’s about 10 percent of companies.”

An ad blocking arms race could occur when software is developed to block the ad blockers.

If that happens, Schumacher says, “we’re up for the challenge, but we don’t welcome it because we don’t think it’s the right thing to stick advertising to users who’ve actually made a conscious choice of not wanting to have advertising. We actually think it’s better to tone down advertising for those users, appeal to those users and have a dialogue with those users as opposed to just sticking the ads down their throat.”

Schumacher, who worked in online advertising previously, says he “saw what has been going wrong. That’s why we started Adblock Plus and said, ‘Let’s make this better.’ “

Blocking The Ad Blockers

Ben Barokas, who has worked in the world of online advertising since the 1990s — most recently for Google — wants to counter the trend toward ad blocking.

His company, Sourcepoint, is a “content compensation platform” that gives the user less of an all-or-nothing ad viewing option.

“We believe that any user has a choice of whether or not they want to consume advertising, or that they’re able to subscribe,” Barokas says. “We believe that users would love to surf from site to site, device to device without hitting pay walls and consuming unnecessary ads.”

He says, “We find it necessary to punch through the ad blocker or circumvent it — however you want to say it — in order to provide the revenue to the publisher.”

Barokas says the “acceptable” ads distinction in Adblock Plus should be a consumer choice.

“I would say, one person’s trash is another person’s treasure,” he says. “Some people would rather watch a one-minute video ad once a day; others are OK with banners and buttons. But that’s something that an individual user can decide and not a company like Adblock Plus.”

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Cottage cheese peaked in the early 1970s, when the average American ate about 5 pounds of it per year, according to the U.S. Department of Agriculture. iStockphoto hide caption

itoggle caption iStockphoto

As you know, here at The Salt we’ve been a little obsessed with yogurt lately.

But there’s a flip side to the story of the yogurt boom. What about that other product made from fermented milk that had its boom from 1950 to 1975, and has been sliding into obscurity ever since?

Cottage cheese took off as a diet and health food in the 1950s.

It makes a cameo in the show Mad Men, that time capsule of the 1960s, as poor Betty Draper describes her last meal before going to the hospital to give birth: “Toast, cottage cheese, pineapple,” she tells her unsympathetic nurse.

On the day that he announced his resignation, Richard Nixon ate this meal of cottage cheese and pineapple slices.

On the day that he announced his resignation, Richard Nixon ate this meal of cottage cheese and pineapple slices. Robert Knudson/Nixon Library hide caption

itoggle caption Robert Knudson/Nixon Library

Cottage cheese peaked in the early 1970s, when the average American ate about 5 pounds of it per year, according to the U.S. Department of Agriculture. Richard Nixon apparently ate even more.

The same hidden tape recorders that helped bring down our 37th president also recorded him repeatedly ordering cottage cheese, often with pineapple.

Since then, though, Americans have cut their cottage cheese consumption in half. For comparison, per capita consumption of yogurt has increased sevenfold over that time.

Nobody can be sure of the exact reasons for this.

Tim Noll, who worked for decades as plant manager for a now-shuttered cottage cheese manufacturer called Bancroft Dairy in Madison, Wis., thinks it’s partly due to the difficulty of making cottage cheese of consistently high quality. “I think it’s safe to say that in just about every plant that makes cottage cheese, it’s regarded as the hardest product to make,” he says.

Robert Bradley, who’s taught cheese-making at the University of Wisconsin, Madison, for 50 years, agrees. “It takes personal attention. It’s a very fragile product,” he says.

Making cottage cheese starts with milk and bacteria, as yogurt does, although the two products use different types of bacteria. A semi-solid curd forms, and just at the right moment, you have to cut the curd into small cubes. Then the curd is cooked and washed. Sometimes cream is added. It all takes careful handling.

A USDA poster promoting cottage cheese.

A USDA poster promoting cottage cheese. U.S. Department of Agriculture hide caption

itoggle caption U.S. Department of Agriculture

“We don’t have the degree of dedication to this manufacture that we used to have,” Bradley says.

As a result, quality varies. Bradley says that sometimes the product doesn’t taste quite right.

Noll, though, points to another difficulty that has nothing to do with manufacturing. The people who run big food companies these days seem to feel that cottage cheese is a little old-fashioned. “I haven’t heard anybody on the marketing side trying to do anything exciting with cottage cheese in quite a while,” he says.

That, of course, is very different from yogurt.

When I recently visited the dairy aisle of one supermarket, I found five whole sections of shelves filled with Greek yogurt, Australian-style yogurt and yogurt with all different flavorings. Off in the corner, there was one set of shelves with generic-looking cottage cheese.

Gerry Berman, a shopper, says there’s lots of marketing about how “Greek yogurt is so good for us.” Cottage cheese doesn’t have the same marketing behind it. “Nobody talks about it anymore.”

“When we were younger, it was really promoted for your salad,” says her friend Madeline Anglin.

“Cottage cheese and peach slices!” says Berman. “And a hamburger patty!”

A younger shopper, Mary Scott Bogatz, tells me that she hasn’t tasted cottage cheese in years. “It’s really good for you, I know, but I just don’t like the chunky and the creamy; the texture freaks me out,” she says.

She walks off with a big container of plain yogurt.

But then, a few minutes later, she comes back. Just talking about cottage cheese got her thinking about it, she says. She’s ready to try some again.

Maybe there’s hope for cottage cheese after all.

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Beyond A Bailout: Greece Needs Debt Relief, IMF Says

Greek Finance Minister Euclid Tsakalotos attends a session of Parliament in Athens on Wednesday as lawmakers prepared to vote on reforms demanded by eurozone creditors in exchange for a new bailout.
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Greek Finance Minister Euclid Tsakalotos attends a session of Parliament in Athens on Wednesday as lawmakers prepared to vote on reforms demanded by eurozone creditors in exchange for a new bailout. Aris Messinis/AFP/Getty Images hide caption

itoggle caption Aris Messinis/AFP/Getty Images

Whatever comes of the latest bailout plan for Greece, it may not be enough to save the country’s economy, a new report from the International Monetary Fund says.

The IMF says Greece is so saddled with debt that it probably can’t turn its economy around for years — even if it does everything its creditors want. The IMF wants European officials to grant some kind of debt relief to Greece, but such a move has been strongly opposed by Germany.

Before this year, Greece’s troubled economy had been slowly getting back on its feet. But the bank shutdowns and debt default of the past few weeks have erased many of its gains, Harvard economist Ken Rogoff says.

“They’re in free fall at the moment,” he says. “You still can’t get money out of the ATMs; it’s really hard to get bank loans. So in the very near term, this situation’s extremely grim — likely to get worse before it gets better.”

If Greece is ever to recover, it needs investment dollars. But the current uncertainty and turmoil are scaring investors away, says Nicolas Veron, visiting fellow at the Peterson Institute for International Economics.

“There is also the constant threat of an exit from the eurozone, and very plainly there are a number of people in Germany who have made it known that they thought it remained a good idea and this acts as a constant drag on investment in Greece,” he says.

Even if Greece complies with all the economic reforms that its European creditors want — and that’s a very big if — IMF officials say it still faces very tough going. Economists generally think that a country is in trouble if its debt levels exceed about 90 percent of its annual gross domestic product. The IMF says Greece’s debt load is well above that and rising fast.

“The IMF forecast is that debt-to-GDP ratio in Greece will go to 200 percent in 2017 if all those measures are implemented, and that’s far beyond any capacity to pay it back,” says Aidan Regan, a lecturer at University College Dublin.

Regan says that as a country that exports very little, Greece has no real chance of growing fast enough to pay off its debt anytime soon. In that sense, he says, the debt load has become unsustainable.

The IMF passed on a chance to write down Greece’s private sector debt in 2010, in what it later acknowledged was a big mistake.

Domenico Lombardi of the Center for International Governance Innovation says the situation “is really getting out of hand. The IMF wants to raise this issue more strongly and with greater determination.”

A lot of economists agree with the IMF that without debt relief Greece’s fate is essentially sealed. European officials have already had to extend the deadline for Greece to pay what it owes.

Veron, of the Peterson institute, says as a result Greece’s condition isn’t as dire as some people believe. “Because repayment is so much into the future and the interest rates are pretty low, there is not a big burden on the Greek economy from the repayment of that debt,” he says.

But Lombardi says Europe needs to go further. “What is required is really a more fundamental and more radical approach rather than kicking the can down the road as it has been done so far,” he says.

Any debt relief will have to get the approval of Germany, and German officials have repeatedly made clear they’re unwilling to write down Greece’s debt — something that would be hugely unpopular in Germany. They have left open the possibility of extending the terms of Greece’s loans again, but even then it will take many years for Greece to pay off what it owes.

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