Business/Economy (Bloggers & Personal)

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  • ABOUT THAT 5% GDP GROWTH RATE…

    12/26/2014 2:41:46 PM PST · by smoothsailing · 15 replies
    Power Line ^ | 12-26-2014 | John Hinderaker
    December 26, 2014 by John Hinderaker About that 5% GDP Growth Rate… Just before Christmas, the Commerce Department announced that third quarter GDP growth came in at an upwardly-revised 5% annual rate. Nearly everyone hailed this as wonderful economic news. The New York Times celebrated the apparent return to rapid growth: [H]ere, for the holidays, is the festive news: The economy roared ahead at a 5 percent annual growth rate in the July through September quarter, the fastest quarterly growth since 2003. …The biggest revision that boosted G.D.P. was in personal consumption spending, the biggest engine of overall economic activity,...
  • We Live In A New World And The Saudis Are The First To Get It

    12/25/2014 1:52:04 PM PST · by SatinDoll · 38 replies
    The Automatic Earth blog ^ | Dec. 24, 2012 | Raul Ilargi Meijer
    [ Secondary blog source: Tyler Durden / The Zero Hedge / www.zerohedge.com/news/2014-12-24/we-live-new-world-and-saudis-are-first-get-it ] There are many things I don’t understand these days, and some are undoubtedly due to the limits of my brain power. But at the same time some are not. I’m the kind of person who can no longer believe that anyone would get excited over a 5% American GDP growth number. Not even with any other details thrown in, just simply a print like that. It’s so completely out of left field and out of proportion that you would think by now at least a few more...
  • Researchers 3 Years Away from Commercializing Pure Graphene 3D Printers

    12/24/2014 8:36:43 PM PST · by 2ndDivisionVet · 7 replies
    3D Print ^ | December 24, 2014 | Heidi Milkert
    As we’ve mentioned so many times in past articles, the convergence of additive manufacturing and the ‘miracle material’ graphene could have major ramifications for dozens of industries over the next several years. Because of this, researchers and companies are spending a great deal of time and money figuring out the best methods to 3D print graphene. A group of researchers, led by Seol Seung-kwon at the Korea Electrotechnology Research Institute’s Nano Hybrid Technology Research Center (KERI) are at the forefront of this research. As we mentioned last month, KERI, a unit under the Ministry of Finance in South Korea, recently...
  • Vanity: How does the economy feel near you?

    12/24/2014 10:25:11 AM PST · by Vermont Lt · 67 replies
    12/24/14 | Vanity
    As the Dow hits new heights, there are reports all around about the new robustness of the U.S. economy. Things here in Western MA are not great. It doesn't feel like huge 5% growth and the unemployed are all around. I am wondering what it's like in your neck of the woods. Also, wishing all of you a Merry Christmas and a great 2015!
  • Blaming America First, From Ninety Miles Away

    12/23/2014 8:55:00 PM PST · by jfd1776 · 10 replies
    Illinois Review ^ | December 23, 2014 A.D. | John F. Di Leo
    Since The Resident’s unexpected and unethical decision to unilaterally discard a half-century of history and reopen diplomatic relations with the Castro brothers’ prison colony known as Cuba, a particularly destructive claim has resurfaced, one that merits careful analysis and rejection. For decades now, the Left has spouted a peculiar claim – that Cuba is poor because of our 54-year-long embargo against the communist country. If the reader has compassion for the suffering denizens of that miserable island, this has to be a strong argument, but it’s wrong – utterly without merit, in fact – for several critical reasons. The claim...
  • The IRS, and the “Icky” Conservatives

    12/23/2014 12:15:17 PM PST · by Sean_Anthony · 2 replies
    Canada Free Press ^ | 12/23/14 | Douglas V. Gibbs
    The Internal Revenue Service, infested with liberal left acolytes, has become one of those tools of tyranny. A liberal that used to frequent my radio programs and website, who went by the moniker “Mudkitty,” used to argue with me on every issue under the sun, but would always include in her discussion with me that she appreciated my passion for what I believe, and that she would defend my right to say it if she had to go to the mountaintops to do so. Today’s liberal-left Democrat does not share her opinion. Rather than defend the First Amendment right of...
  • OH: Governor Kasich signs Gun Law Reform (H.B. 234)

    12/23/2014 6:29:09 AM PST · by marktwain · 13 replies
    Gun Watch ^ | 21 December, 2014 | Dean Weingarten
    Without fanfare, Governor Kasich signed H.B. 234 into law yesterday, 19 December, 2014.   While the gun law reform bill did not make all the changes that second amendment supporters desired, it made substantial improvements in the law, and was broadly supported in the legislature.  Governor Kasich signed it as part of a package of 40 bills (pdf): Am. Sub. H.B. 234 (Grossman, Becker) revises the law governing firearms. This was reflected by the large vote margins for passage of the bill; 24-6 in the Senate, 69-16 in the House. Some of the major provisions of the bill are: Creates...
  • Part-time job needed in the SLC area...

    12/22/2014 9:05:23 PM PST · by republicanbred · 7 replies
    S
    I have been on this website for almost 12 years and I have never asked for anything. Now I need a favor...we have a close friend in the Salt Lake City area who needs part time work while going to school. He is a 21 year old strongly conservative in every way most awesome guy! Please...if anyone knows of anyone who might have anything for him I would be indebted to you forever!!!
  • Abortion clinics offer “Grief and Burial support”

    12/22/2014 8:17:27 PM PST · by Morgana · 13 replies
    Saynsumthn's Blog ^ | December 22, 2014 | Saynsumthn
    Washington State abortion clinic chain advertises that they offer women bereavement resources and services and grief counseling. What exactly would a woman grieve after having an abortion? Perhaps a baby? Cedar River abortions clinics have locations in Seattle, Renton, and Tacoma Washington. According to their website, Cedar River Clinics, is operated by the Feminist Women’s Health Center (FWHC), which was founded in Yakima in 1979. The Renton and Tacoma centers were added when their physician-owners and the name Cedar River Clinics was adopted. The Renton center was purchased in 1991 when abortionist Baird Bardarson retired. In 2014, FWHC acquired Aurora...
  • Falling Oil Prices and the Climate Change Agenda

    12/22/2014 3:38:27 PM PST · by Sean_Anthony · 2 replies
    Canada Free Press ^ | 12/22/14 | Dr. Ileana Johnson Paugh
    The oil price drop is really gutting Obama’s green agenda The latest falling oil prices to $55.96 (West Texas Intermediate), dropping from a high of $105 per barrel in June 2014, as a result of increased domestic oil production from fracking, is making the price of $150 per barrel of renewables look ridiculously expensive, not counting the wasted government subsidies in bankrupt solar power companies. The green agenda, which has become a climate change industry, is very lucrative for wealthy climate alarmists and for the United Nations. Dick Morris said, “The oil price drop is really gutting Obama’s green agenda.”...
  • Fracking is Fundamental

    12/22/2014 3:35:18 PM PST · by Sean_Anthony · 7 replies
    Canada Free Press ^ | 12/22/14 | Alan Caruba
    Energy is the master resource, the lifeblood of ours and the world’s economy “It is a sad day when a state chooses to listen to the fear, uncertainty, and doubts spread by anti-fossil fuel agitators rather than making a decision for economic strength that would benefit schools, communities, and many of its poorest citizens—especially when the vilified technology, hydraulic fracturing, has been used safely and successfully for more than 60 years and has brought prosperity to other formerly struggling regions.” Responding to the announcement by New York Governor Andrew Cuomo that the state would ban fracking, Ms. Noon joined others,...
  • Now Pope Francis looks toward Communist China

    12/22/2014 12:23:37 PM PST · by cleghornboy · 7 replies
    La Salette Journey ^ | December 22, 2014 | Paul Melanson
    Now that Pope Francis has done his part to ensure that U.S. sanctions against the murderous regime in Cuba have been removed, the Holy See is already looking toward thawing relations with another brutal Communist regime: China. See here. Back in October, Matt Hadro, writing for the Catholic News Agency, explained that: "The state of religious freedom in China is moving from bad to worse, said U.S. Rep. Chris Smith (R-N.J.), responding to a new report by the Congressional-Executive Commission on China. 'There’s a huge gulf now' between China and the Catholic Church, Smith stated during an Oct. 9 conference...
  • Baby Bump Bowls offered by Planned Parenthood which profits from abortion

    12/22/2014 10:42:22 AM PST · by Morgana · 4 replies
    Saynsumthn's Blog ^ | December 22, 2014 | Saynsumthn
    Every time I think that abortion giant Planned Parenthood has finally surprised me with their hypocrisy I discover something else that takes the cake. Do you remember when Planned Parenthood, which does hundreds of thousands of abortions annually, was selling baby onesies? The idea of an organization which profits off the killing of unborn children selling baby clothes was pretty astonishing at the time. That is, until today ! Now, the number one provider of abortions has the perfect gift idea: According to Planned Parenthood of Greater Ohio, and Planned Parenthood of Northeast Ohio, this inspiring gift is, “made from...
  • Diocletian for President

    12/22/2014 8:11:31 AM PST · by arthurus · 3 replies
    International Man ^ | 22 December 2014 | Jeff Thomas
    Diocletian became emperor in 284. Early in his reign, he took a decidedly non-peaceful turn, purging the empire of any perceived threats to his power. He enlarged both the Empire’s military and civil forces, creating a greater threat to foreign leaders and a greater police state at home...
  • The Cold War Cuban Detritus

    12/21/2014 1:21:44 PM PST · by Sean_Anthony · 1 replies
    Canada Free Press ^ | 12/21/14 | Alan Caruba
    Ten percent of the population, have fled Cuba, many of whom found a new home in America. When that many people wanted to leave, it tells you something is terribly wrong with life in Cuba When the Soviet Union collapsed in 1991 the Cold War that had existed between it and the U.S. since the end of World War Two came to an end, but there was ditritus, loose ends like Cuba and it has taken until now for an end to the diplomatic obstacles whose roots reach back to the Eisenhower administration. In 1960 it had approved a CIA...
  • Gun "Painted to look like Toy" Available from Factory in that Color

    12/21/2014 6:33:30 AM PST · by marktwain · 27 replies
    Gun Watch ^ | 22 December,2014 | Dean Weingarten
    A little over a week ago, the Hamilton County Sheriff department said that they arrested a man who they believed painted a handgun to resemble a toy.  From thestate.com: "And the fact is right here in Hamilton County, we arrested a dangerous individual who we believe purposefully painted a loaded handgun red to mislead law enforcement into thinking this was a toy gun," Neil said in statement. The pistol, a Cobra FS 380, pictured above, comes from the factory in a variety of colors. Guns have been available in a variety of colors for decades. It seems likely that...
  • Many States Now Have $2 Gasoline, Analyst Says

    12/20/2014 3:34:10 PM PST · by 2ndDivisionVet · 33 replies
    North Country Public Radio ^ | December 20, 2014 | Scott Neuman
    <p>Remember when we told you earlier this month that a gas station in Oklahoma City had lowered its price for regular unleaded to $1.99 a gallon?</p> <p>Well, now that trend is nationwide: GasBuddy.com, which monitors prices across the country, says the $1.99 sign is up over pumps in 24 states. The national average is at $2.43 a gallon, but at one filling station in Springfield, Mo., it was only $1.93.</p>
  • Obama hires veteran Senate hand to deal with Republican Congress

    12/20/2014 2:01:34 AM PST · by Cincinatus' Wife · 14 replies
    The Hill ^ | December 19, 2014 | Ramsey Cox with Justin Sink
    The White House is hiring a veteran legislative hand as it prepares to deal with the new Republican Congress. President Obama has brought on Martin Paone as deputy assistant for legislative affairs, plucking him from the Washington firm Prime Policy Group, where he has been lobbying as executive vice president. He brings nearly three decades of Senate experience to the White House, having worked under four Democratic leaders, including Senate Majority Leader Harry Reid (D-Nev.). “No one knows the Senate better than Marty, who started his career parking cars here and rose to be one of the most senior and...
  • Doctors to get Medicare pay cut if they don't 'meaningfully' use electronic medical records

    12/19/2014 6:18:33 PM PST · by nicmarlo · 31 replies
    American Thinker ^ | December 19, 2014 | Thomas Lifson
    The bullying of the nation’s physicians continues apace, now turning to penalizing doctors who don’t meet the administration’s one-size-fits-all approach to medical records. Bruce Japsen of Forbes reports: More than 250,000 physicians and other health professionals are being notified as early as today that their payments from Medicare and Medicaid will be cut because they aren’t adequately using electronic health records in their practices, the Obama administration confirmed. The Centers for Medicare & Medicaid Services, known as CMS, is telling about 257,000 eligible medical care providers who are largely physicians that they will be paid 1 percent less in reimbursement...
  • Everything You Need To Know About Sony, Cuba and North Korea

    12/19/2014 10:50:33 AM PST · by lifeofgrace · 6 replies
    Charting Course ^ | 12/19/2014 | Steve Berman
      TRIGGER WARNING* This has to be the best real estate deal since Whitewater.  Through a complex series of events that even our 24-hour news junkies have trouble following, Al Sharpton will now get to produce rap music in Cuba, while the U.S. sets up its embassy on the current site of North Korea’s diplomatic mission in Havana.  And Kim Jong Un will get to share a Cohiba cigar with Dennis Rodman, Al Sharpton, Amy Pascal and President Obama. It’s all in this one infographic.   Sony Pictures greenlights a film titled The Interview, a comedy which depicts the assassination...
  • This holiday movie season: From North Korea with love.

    12/18/2014 5:16:44 PM PST · by The Looking Spoon · 16 replies
    CRASHR ^ | 12-18-14 | The Looking Spoon
    This is of course about the upcoming movie "The Interview." My wife and I saw this preview the day before it got pulled, and it's a shame because it looks like it's REALLY funny!Also, the reaction across the political spectrum has been unified in a way we rarely see.
  • They're canceling 'The Interview' because North Korea threw a hissy fit?

    12/18/2014 2:18:18 PM PST · by Thistooshallpass9 · 35 replies
    The Matt Walsh Blog ^ | 18 Dec 2014 | Matt Walsh
    Now they're canceling 'The Interview' because North Korea threw a hissy fit? Man, this is such an embarrassment. I have no idea if this movie is any good or not. It sounds pretty stupid and it has Seth Rogen in it, so I doubt we're dealing with Citizen Kane here. Still, that fat little psycho in North Korea deserves to be ruthlessly insulted. Mocking genocidal maniacs is as American as apple pie. I'm all for it. As long as we remember that, as enjoyable as it is to make fun of this puffy dimwit, there really isn't anything funny about...
  • Gallows Humor (Hollywood And The Appeasement Mentality)

    12/18/2014 9:29:55 AM PST · by OddLane · 6 replies
    American Rattlesnake ^ | December 18, 2014 | Gerard Perry
    Sony’s capitulation in the face of threats by unidentified sources, who are presumed to support the odious Kim dynasty, serves to confirm what most of us have known for some time. Namely, the extent of allowable political discourse in popular culture is inextricably linked to the willingness of the objects of political criticism to violently suppress that criticism. Or, at the very least, intimate the unpleasant nature of the response in store for those willing to offer a dissenting voice. An interview the iconic Indo-British author and apostate Salman Rushdie did with Irshad Manji several years ago is worth watching...
  • Someone Is Lying: North Korea Almost Certainly Did Not Hack Sony

    12/18/2014 7:54:02 AM PST · by SeekAndFind · 67 replies
    Zero Hedge ^ | 12/18/2014 | Tyler Durden
    Yesterday, moments before the North Korea "hacking" tragicomedy escalated into full retard mode with Sony pulling The Interview, or a movie that absent the attention would certainly be a flop, Wired released an article titled: "North Korea Almost Certainly Did Not Hack Sony" (title subsequently changed to the one below as can be seen in the URL alias "http://www.wired.com/2014/12/north-korea-did-not-hack-sony-probs"), which however, and for the better, retains its content as it is quite critical in debunking the latest government "certainty."
  • Amazon Prime Now brought me candy in 23 minutes (New ONE HOUR Delivery)

    12/19/2014 12:05:19 PM PST · by 2ndDivisionVet · 21 replies
    Engadget ^ | December 18, 2014 | Devindra Hardawar
    Amazon's new one-hour delivery service, Prime Now, works so well it might just inspire entirely new levels of laziness in all of us. After all, why bother going to the store when you just need to shell out $7.99 to get anything brought to your door in an hour? But as anyone who's made Seamless or GrubHub food deliveries an essential part of their diet can tell you, this sort of instant gratification can be dangerously addictive. And eventually, you might end up having no reason to leave your house at all. As the Amazon courier handed me a bag...
  • UK: Benefits Pay Much More than a Job

    12/18/2014 12:36:41 PM PST · by Enza Ferreri · 13 replies
    Enza Ferreri Blog ^ | 18 December 2014 | Enza Ferreri
    Here's a well-researched and well-argued article that, after investigation, reliably shows that the presence of food banks doesn't mean that welfare cheques are not high enough, but only that "sometimes the state messes up benefit payments and leaves nasty delays. They prove that people aren’t good at managing money. They suggest that not everyone puts rent and food before fags and booze (but we don’t want to get into a discussion about the deserving and the undeserving here). They confirm that supply creates its own demand." My disagreement with the writer is that she seems to be in favour...
  • Venezuelan President Calls American Oil Fracking “Act of Aggression” [satire]

    12/18/2014 9:28:35 AM PST · by John Semmens · 7 replies
    Semi-News/Semi-Satire ^ | 13 Dec 2014 | John Semmens
    With his country’s economy on the ropes due to declining oil prices, Venezuelan President Nicolas Maduro blamed the United States oil fracking industry. “It is an act of aggression against my country and a crime against humanity,” Maduro maintained. “Venezuela needs high oil prices to support our programs to feed our people. These frackers are destroying our ability to feed ourselves.” While most economists see falling fuel prices as beneficial for the vast majority of consumers, Maduro complained that “most of the beneficiaries are rich, white Americans. Saving them money at our cost is a direct attack on my government’s...
  • Shaking Hands with the Devil, from Ninety Miles Away

    12/18/2014 7:53:58 AM PST · by jfd1776 · 13 replies
    Illinois Review ^ | December 18, 2014 A.D. | John F. Di Leo
    A long time ago, on an island not too far away, a pair of brothers was ejected from a good Jesuit school. The one was reportedly a better student, the other less impressive, but together, they preferred other things – politics, rabble-rousing, war. When the brothers grew up, they fell in with a bad crowd – the worst of crowds, in fact. Far across the oceans, Chinese communists were consolidating their power, Soviet communists were drawing an iron curtain down the center of Europe, Korean communists were settling in for the long haul in Pyongyang, Vietnamese communists were revolting against...
  • “I Will Not Comply” May Bring Changes to I-594

    12/18/2014 7:28:19 AM PST · by HammerT · 7 replies
    Pictures and vid from last weekend’s resistance event:
  • OH: Focus on Gun Color is Farcical

    12/18/2014 5:48:45 AM PST · by marktwain · 11 replies
    Gun Watch ^ | 16 December, 2014 | Dean Weingarten
    Someone painted this Cobra FS 380 for unknown purposes.  The police claim that it was to make it appear to be a toy, but people have been customizing and adorning the appearance of weapons for centuries.  From fox19.com: CINCINNATI, OH (FOX19) - Orlando Lowery was in court this weekend for allegedly painting his .380 caliber semi-automatic handgun to look like a toy. It is only in recent times that firearms could easily be made in many different colors.  As the capability to do so has emerged, more and more people are taking advantage of it.  Here are some pistols...
  • Obama’s Cuba Disaster

    12/18/2014 5:16:57 AM PST · by LeoMcNeil · 39 replies
    Leo McNeil ^ | December 18, 2014 | Leo McNeil
    President Obama declared yesterday the United States would begin a new chapter with Cuba. Obama already began negotiating with Cuba regarding a prisoner swap among with other issues. For years Obama has told Congress he would keep them in the loop regarding Cuba. Predictably Congress had no idea the Obama administration was negotiating with the Communist dictatorship. Yesterday’s announcement came as a surprise to everyone. As with every other negotiation with a hostile foreign power, Obama got completely taken by the Cuban Communists. Obama negotiates from a position of American weakness because he doesn’t believe in American strength. Obama’s flirtations...
  • North Korea Attacks America’s Moral Cowardice

    12/18/2014 3:59:01 AM PST · by lifeofgrace · 5 replies
    Charting Course ^ | 12/18/2014 | Steve Berman
    A rogue nation targeted a multinational corporation and won.  North Korea has almost certainly ordered the massive cyber-attack on Sony Pictures, stealing and publicly dumping enough data to make a dent in the company’s stock price. North Korea cannot challenge the United States militarily, despite what movies have portrayed.  Regardless of their saber-rattling, and America’s reduced presence on the Korean peninsula, a real attack of any substance against our ally South Korea (or Japan for that matter) would bring a suicidal level of retribution on the North, and they know it.  But they’ve found a vein where they can draw...
  • Shep Smith wonders: Is America about to “ruin” Cuba?

    12/17/2014 6:25:29 PM PST · by 2ndDivisionVet · 57 replies
    Hot Air ^ | December 17, 2014 | Allahpundit
    I first heard of this when John Podhoretz tweeted about it and I thought, “Nope, John’s exaggerating. I wonder what Shep really said.” Then a bunch of other people tweeted that Podhoretz was right, so I thought, “Okay, but obviously a joke.” Then I watched the clip. Actual quote about an honest to goodness police state, no apparent irony intended: “The last thing they need is a Taco Bell and a Lowe’s.” Two ways to read that, I guess. One is that he’s objecting to having the wrong priorities, not to American businesses invading the island. Cubans need basic necessities,...
  • This Is What a Currency Collapse Looks Like

    12/17/2014 11:11:24 AM PST · by Kartographer · 67 replies
    SHTF Plan ^ | 12/17/14 | Mac Slavo
    Full Title:This Is What a Currency Collapse Looks Like: Shopping Frenzy: “We Have A Lot Of Rubles Losing Value Every Second” “I don’t need this car,” he said with a shrug. He already owns two Porsches and a Land Rover. But, he figured the prices will soon go up and the ruble will probably go down. “We are headed for a crisis,” he said. … Electronics stores were packed late into the evening as shoppers scooped up iPhones and iPads at prices over $100 lower than what they cost in the United States. Apple’s Russian website halted online sales “due...
  • 15 Reasons I Love Web Links at The Bottom of The Page

    12/17/2014 10:42:31 AM PST · by lifeofgrace · 8 replies
    Charting Course ^ | 12/17/14 | Steve Berman
    You know those ubiquitous web links at the bottom of the page on sites like Fox News or CNN?  They’re usually titled “from around the web” or “more promoted stories”.  They have catchy titles like “The 10 Best Resorts in South America” or “14 Things Surprising Things Your Cat is Telling You”.  Everybody says they hate them, but we do click on them. I admit, I’ve clicked on them. You end up on a site filled with weirdly useless but addictive content, or you are directed there by a company called Outbrain.  I always thought this kind of thing was...
  • Congressman Demands Investigation of FDIC “Choke Point” Policy [satire]

    12/17/2014 9:38:51 AM PST · by John Semmens · 2 replies
    Semi-News/Semi-Satire ^ | 13 Dec 2014 | John Semmens
    Rep. Blaine Luetkemeyer (R-Mo) is demanding an investigation of the Federal Deposit Insurance Corporation’s “Operation Choke Point” practices. Under these practices, the FDIC pressured banks to freeze or close accounts of businesses that the US Department of Justice designated as “anti-social enterprises.” Among the businesses targeted by DOJ are firearms sellers, coin dealers, and pharmaceutical sales. Martin Gruenberg, chairman of the FDIC, admitted that “while these businesses are not illegal, per se, the president has made it very clear that they are outside the boundary of the type of businesses he thinks we ought to have in our society. There...
  • No One Seems To Care That The Economy Is A Mess

    12/17/2014 5:38:51 AM PST · by LeoMcNeil · 27 replies
    Leo McNeil ^ | December 17, 2014 | Leo McNeil
    If you listen to the Obama administration you might believe the economy is roaring. On some level jobs are being created. The problem of course is that they’re barely keeping up with population growth. Millions of jobs were lost when the recession took place in late 2008-2009. Very few of those jobs have been recovered, leaving millions in long term unemployment. The real unemployment rate, the Federal government’s U-6 number, is 11%. U-6 unemployment counts both the long term unemployed, which the official unemployment rate doesn’t do, as well as those who are underemployed. U-6 used to be the way...
  • OH:Concealed Carry Fail; Rapist Disarms Realtor

    12/17/2014 1:16:05 AM PST · by marktwain · 12 replies
    Gun Watch ^ | 16 December, 2014 | Dean Weingarten
    No discussion of the advantages and disadvantages of open and concealed carry used to be complete without the obligatory theory that open carry was more dangerous.  It was asserted that a criminal will target the open carrier because they are armed.   Here is an example from freerepublic: Why would anyone want the bad guy to shoot him first? Fortunately, the gun culture is becoming educated in the matter.   People now realize that open carry promotes tactical deterrence.  There have been two known instances where open carriers have been targeted, but they are very rare.  The other side of...
  • Western Banks Cut Off Liquidity To Russian Entities

    12/16/2014 5:42:31 PM PST · by Kartographer · 61 replies
    ZeroHedge ^ | 12/16/14 | Tyler Durden
    As Zero Hedge first reported today, shortly before noon one (and subsequently more) FX brokers advised clients that any existing Ruble positions would be forcibly closed out because "western banks have stopped pricing USDRUB", over concerns of Russian capital controls. Ironically, it was this forced liquidation of mostly short RUB positions that pushed the RUB higher, which in turn had a briefly favorably impact on energy commodities and risk assets, as the market had by then perceived the Ruble selloff as excessive. Of course, since nothing had actually changed aside from a temporary market technical, the selloff promptly resumed into...
  • We Just Witnessed The Worst Week For Global Financial Markets In 3 Years

    12/16/2014 5:08:59 PM PST · by SeekAndFind · 17 replies
    Is this the start of the next major financial crisis? The nightmarish collapse of the price of oil is creating panic in financial markets all over the planet. On June 16th, U.S. oil was trading at a price of $107.52. Since then, it has fallen by almost 50 dollars in less than 6 months. This has only happened one other time in our history. In the summer of 2008, the price of oil utterly collapsed and we all remember what happened after that. Well, the same patterns that we witnessed back in 2008 are happening again. As the price of...
  • OH: Unlucky? Clerk Shoots 2nd Robber in Three Years

    12/16/2014 12:26:48 PM PST · by marktwain · 10 replies
    Gun Watch ^ | 15 December, 2014 | Dean Weingarten
    Grayson Matthews, above, has bad luck.  He has had to defend the family convenience store twice.  Once, back in 2011, he shot a robber who was pretending to have a shotgun.  That guy was wearing a plastic bag over his head with eye holes cut in it.  It must have been hard to see out of.   From journal-news.com: Matthews told the suspect he kept more money in his front right pocket of his pants. He showed Wright the money, switched it from his right to his left hand, and when Wright’s eyes followed, Matthews told him he kept...
  • No Polite Way to Say it, We Were Lied to on Ebola

    12/15/2014 4:50:32 PM PST · by Sean_Anthony · 29 replies
    Canada Free Press ^ | 12/15/14 | Michael Fumento
    They've gotten away with it time and again. With AIDS, SARS, avian flu, swine flu and two past Ebola hysterias The current Ebola outbreak is “the most severe, acute health emergency seen in modern times,” Ian Smith, the World Health Organization’s executive director, announced at a mid-October press conference. Huh? Worse than the “Spanish flu” of 1918-19? Extrapolated to today’s world population, that would mean 60 million to 150 million deaths. Worse than AIDS, with its 35 million deaths? But the media weren’t asking skeptical questions. The next day, reporting on a separate WHO conference, a New York Times headline...
  • Did GM Bailout Cost Lives?

    12/15/2014 1:08:59 PM PST · by jazusamo · 5 replies
    NLPC ^ | December 15, 2014 | Mark Modica
    The death toll for General Motors' faulty ignition switch victims continues to rise with the last reported number being 42. There has been speculation that the death count is significantly higher, as safety advocate Clarence Ditlow has written to GM to request an expansion of efforts to uncover victims of accidents resulting from defective GM vehicles. GM has known about the ignition switch defect for years and failed to recall the deadly vehicles for almost five years after the Obama Administration took over the company in June of 2009. President Obama's Auto Task Force guided the company through a...
  • Germany to be gas powered for next 70 years

    12/14/2014 7:32:33 PM PST · by Lorianne · 12 replies
    RT ^ | 12 December 2014
    Germany’s plan to phase out nuclear energy and switch to renewables by 2022 is unrealistic as the country is doomed to remain dependent on fossil fuels like oil and gas for the next 70 years, energy expert Matthias Dornfeldt told RT. Renewables can’t replace fossil fuels overnight because there’s not enough infrastructure, said Dornfeldt in an interview with RT. He believes the 21st century will be the century of gas, as the 20th century was the century of oil. “We are going to be dependent on oil as well as on gas, as I see, for the next 50, 60,...
  • We’re Number Two

    12/14/2014 10:51:14 AM PST · by Sean_Anthony · 6 replies
    Canada Free Press ^ | 12/14/14 | Alan Caruba
    The fact remains that Main Street is in trouble. The nation requires an economy in which new businesses are created and existing ones can afford to expand. That is not happening The U.S. was the world’s number one economy prior to World War II, but it took off bigtime after the war and there has not been a day of my long life in which we were not number one—until now. The International Monetary Fund recently released its calculations regarding the world’s economy and concluded that China is the number one economy, producing $17.6 trillion in terms of goods and...
  • The Destruction of America’s Pension Plans

    12/14/2014 9:00:16 AM PST · by Oldpuppymax · 18 replies
    Coach is Right ^ | 12/14/14 | Suzanne Eovaldi
    The just passed $1.1 trillion Cromnibus (Continuing Resolution and Omnibus) check float that successfully got through the Republican controlled US House contains language that could gut pension plans, according to analyses by both conservative and leftist web writers. “The pension provision was made public late Tuesday night,” says a web source that blasts efforts to write down public pension allotments. (1) Mike Adams of Health Ranger warns that “all the pension benefits that have been promised government retirees are about to be stolen back from retirees.” (2) Quoting a WaPo article, Adams also points out that “the proposal would torpedo...
  • Affordable Care Excise Tax, Part I

    12/13/2014 6:19:48 PM PST · by NaturalBornConservative · 6 replies
    Natural Born Conservative ^ | December 13, 2014 | Larry Walker II
    What the Individual Mandate means for you and your family:: By: Larry Walker II ::Under the Affordable Care Act, beginning in 2014, State governments, insurers, employers, and selected individuals are supposed to share in the responsibility of providing health insurance coverage. The Act’s shared responsibility provision, also known as the individual mandate, requires you and each member of your family to either: Have minimum essential coverage; or An exemption from the responsibility to have minimum essential coverage; or Pay an Excise Tax. You will report minimum essential coverage, claim an exemption therefrom, or make an excise tax payment when...
  • Why Middle-Class Wealth Is Withering [Alinsky At Work: Destroy The Middle-Class and Destroy America]

    12/13/2014 10:16:14 AM PST · by Steelfish · 20 replies
    CBSNews ^ | December 13, 2013 | AIMEE PICCHI
    By AIMEE PICCHI December 12, 2014 Why Middle-Class Wealth Is Withering If the middle class is truly the backbone of America, the country's spine may be close to breaking. Middle America came out of the Great Recession in a precarious position, sinking into "dissavings" -- when spending is greater than income -- thanks to a nasty combination of stagnant wages and a hit to real estate and investment values, according to a new working paper from New York University economics professor Edward N. Wolff. That's led to a grim outcome, with virtually no change in the country's median wealth between...
  • Cromnibus Puts Taxpayers on Hook for Bank Losses [satire]

    12/13/2014 9:37:16 AM PST · by John Semmens · 4 replies
    Semi-News/Semi-Satire ^ | 13 Dec 2014 | John Semmens
    The House-passed $1.1 trillion Continuing Resolution contains a clause that exposes taxpayers to a potential $300 trillion liability for bank losses in derivatives trading. The rider to the CR was the “brain child” of Citigroup. The rider is opposed by both tea party Republicans and left wing Democrats, but is strongly supported by House GOP leadership and President Obama. House Minority Leader Nancy Pelosi (D-Calif), charged that “this maneuver puts the lie to the contention that the GOP is the Party of small government. This is a big government pay off to Wall Street financiers. I’m enormously disappointed that the...
  • exVive3D 3D Printed Human Liver Tissue Now Commercially Available by Organovo

    12/13/2014 8:13:28 AM PST · by 2ndDivisionVet · 14 replies
    3D Print ^ | November 18, 2014 | Brian Krassenstein
    New technologies such as 3D bioprinting promise to offer a laundry list of new treatments, drug discovery, and cures within the medical industry. With that said, we have been hearing promises for years that 3D printing will change the face of medicine. Despite these promises, bioprinting has yet to make any major impact within the market. Today things may have just changed! San Diego-based 3D bioprinting company Organovo (NYSE MKT: ONVO) has today announced the full commercial availability of their exVive3D Human Liver Tissue for preclinical drug discovery testing. The tissue, which is created via an in-house 3D printer, could...