Free Republic 1st Quarter Fundraising Target: $88,000 Receipts & Pledges to-date: $36,175
41%  
Woo hoo!! And the first 41% is in!! Thank you all very much!!

Business/Economy (Bloggers & Personal)

Brevity: Headers | « Text »
  • Another step down the long, slow road to IRA nationalization

    01/31/2015 6:43:09 AM PST · by SeekAndFind · 37 replies
    The Sovereign Man ^ | 01/31/2015 | Simon Black
    Let’s take a brief walk into financial reality for a moment.At the time of this writing, the United States government’s official debt is nearly $18.1 trillion.Now, let’s look at who the biggest owners of that debt are:1) Taxpayers of the United States.If you’ve held a job in the Land of the Free, 15.3% of your salary has gone to fund Social Security and Medicare.Each of these programs holds massive trust funds that are supposed to pay out beneficiaries, both present and future.Conveniently, the trust funds are required by law to buy US government debt.And given that every single US taxpayer...
  • Ex-Michigan Gov. Jennifer Granholm, Oversaw Most Jobs Losses of Any State, Speaking on Job Creation

    01/30/2015 1:03:30 PM PST · by MichCapCon · 17 replies
    Michigan Capitol Confidential ^ | 1/30/2015 | Jarrett Skorup
    A speakers bio written for former Michigan Gov. Jennifer Granholm states that in her talks she details the successful strategies she used to create jobs, attract international investment, improve education & job training as governor. According to Keppler Speakers, Granholm costs $20,000 to $30,000 to discuss how she led the charge to rebuild the state's economy. During Granholms eight year tenure as governor, Michigan lost more jobs than any other state in the nation and had among the worst economic collapses of any going back to the Great Depression. Michigan lost 576,900 jobs over Granholms two terms and led the...
  • Fixing Michigan's Budget-Killing School Employees' Pension Up in the Air

    01/30/2015 11:10:16 AM PST · by MichCapCon · 2 replies
    Michigan Capitol Confidential ^ | 1/29/2015 | Jack Spencer
    Anyone seeking evidence that the new state Senate would vote to reform the Michigan Public School Employees Retirement System by putting new employees into 401(k) plans may be disappointed. Based on responses from six GOP Senators who were not in office when the question came up for a vote nearly three years ago, the prospect is a murky and tenuous maybe. In what was seen as a surprise move at the time, on May 17, 2012, the Senate voted 20-18 to close the pension system to new hires and offer them 401(k)-style plans in its place. But then the House...
  • Who We Are... and Who Barack Obama Is Not

    01/30/2015 10:41:05 AM PST · by jfd1776 · 16 replies
    Illinois Review ^ | January 30, 2015 A.D. | John F. Di Leo
    The current Resident of the White House is fond of stating something of which he disapproves say, interrogating terrorists or growing the economy and closing the point with the words But thats not who we are. It is condescending, patronizing, smarmy it is in fact the perfect example of what has always been wrong with the Obama persona he talks down to his audience, sets up straw men to knock down, sets American against American, in not only class warfare but every other arena as well, all the while mischaracterizing the issue itself. Young against old, healthy...
  • Taxes, Taxes, Everywhere

    01/30/2015 9:20:29 AM PST · by Sean_Anthony
    Canada Free Press ^ | 01/30/15 | Dr. Ileana Johnson Paugh
    The only guarantees in life are death and taxes. Death follows life and taxes follow you everywhere like an incurable disease The only guarantees in life are death and taxes. Death follows life and taxes follow you everywhere like an incurable disease. Nobody woke up one day and said, lets tax the heck out of people for their bad behavior, for existing, for traveling on roads, for smoking, for drinking, for trash disposal, for luxury goods, for pollution, for phone use, radio, TV, Internet, for buying goods and services. Taxes were added slowly over millennia for the common good, to...
  • Obamas Policy Proposals are the Opposite of Tax Reform

    01/29/2015 4:29:42 PM PST · by Sean_Anthony · 1 replies
    Canada Free Press ^ | 01/29/15 | Alan Joel
    Obamas version of tax reform is unrealistic and firmly rooted in his vision of middle class economics, wealth redistribution Obama has consistently talked about how he is for tax reform all during his presidency. But clearly, he has no idea what that even means. True tax reform is a mechanism that produces a cleaner and clearer tax code. A great example of this was the 1986 IRC reform, where Reagan set the highest rate at 28% in exchange for eliminating massive amounts of tax shelters and gimmicks. Obamas cluelessness on the topic was evident during the State of the Union,...
  • Knife Owners Protection Act Filed in Congress

    01/29/2015 2:17:57 PM PST · by marktwain · 6 replies
    Gun Watch ^ | 28 January, 2015 | Dean Weingarten
    Congressman Matt Salmon from Arizona has filed the Knife Owners Protection Act (KOPA) in the 2015 session of Congress. KOPA would extend to knives the protections afforded to firearm owners in the Firearms Owners Protection Act (FOPA) of 1986. If a person may legally own a knife where he started his travel, and may legally own it where at the end point, he would be protected in possessing it at points in between. From H.R. 419(pdf): (a) IN GENERAL.Notwithstanding any provision of8 any law or any rule or regulation of the United States,9 or of a State...
  • Global debt expansion was led by developed economies until 2008...

    01/29/2015 1:53:05 PM PST · by alexmark1917 · 1 replies
    Global PUBLIC debt ~$58 TRILLION. Not included: unfunded liabilities. Anyone Qs how this ends? http://t.co/KMWvO8nVVx pic.twitter.com/7XQBYXfI2d Peter Spina (@goldseek) January 29, 2015 -- The Global Slowdown Is Making Asia's Debt Mountain Even Worse - slides from Morgan Stanley http://t.co/U5LNGZcjcX pic.twitter.com/5OBLMb7XnD Mike Bird (@Birdyword) January 27, 2015 The Global Slowdown Is Making Asia's Debt Mountain Even Worse Morgan Stanley just came out with a fresh chartbook looking through Asia's debt situation again. It's safe to say that it's still looking grim. While all eyes are on Europe, falling inflation (and the threat of full-blown deflation) are major hazards in...
  • RFS a No-Show at Freedom Summit

    Just days after Iowa Governor Terry Brandstad kicked off a campaign to promote the Renewable Fuel Standard (RFS) as a candidate in the 2016 presidential race, it was basically a no-show at the conservative Freedom Summit featuring many presidential hopefuls. Asked about the RFS in an interview with the Des Moines Register on Friday, Senator Ted Cruz of Texas said he would continue his opposition to the law as a matter of principle. One of the potential candidates who received some positive reviews at the summit was Wisconsin Governor Scott Walker, who was recently criticized by biofuels producers in his...
  • Techs High Barrier to Entry for the Underprivileged

    01/28/2015 8:54:11 PM PST · by 2ndDivisionVet · 14 replies
    Medium's Backchannel ^ | January 25, 2015 | Gerard O'Neill
    For many people who didnt grow up in or around New York City, there are a few things that come to mind when they hear the name Brooklyn. Many automatically think of hipsters and indie rock concerts. Some think of artsy lofts and farmers markets. Others think of brownstone Brooklyn, where one can potentially afford a cute home and raise a middle-class family without the distance and suburban-like qualities of Queens. What people typically dont think about are the underprivileged communities that exist here, many of which have become home to people priced out of their old homes in brownstone...
  • Indian employees likely to see a 11.3 percent wage hike this year

    01/28/2015 7:25:23 PM PST · by 2ndDivisionVet · 26 replies
    Forbes India ^ | January 28, 2015 | Debojyoti Ghosh
    W orking professionals across sectors might not have much to cheer this year as salary increases likely to see a marginal rise compared with last years pay hikes in India. According to a study released today by global management consultancy Hay Group, employees across job roles can expect an average of 11.3 percent wage hike in 2015 led by FMCG and chemical industry. Last year, the actual average salary increase was recorded at 10.9 percent across industries, the report noted. The study that we have conducted predicts that the pay raise in 2015 will remain in double digits. At this...
  • 3D printers to make human body parts? It's happening

    01/28/2015 6:54:27 PM PST · by 2ndDivisionVet · 35 replies
    The San Jose Mercury News Business ^ | January 28, 2015 | Steve Johnson
    It sounds like something from a science fiction plot: so-called three-dimensional printers are being used to fashion prosthetic arms and hands, jaw bones, spinal-cord implants -- and one day perhaps even living human body parts. While the parts printed for humans so far have been fashioned from plastic, metal and other inorganic materials, researchers in California and elsewhere also have begun printing living tissue, with the goal of eventually employing these "bioprinters" to create customized kidneys, livers and other organs for people needing transplants. What's particularly attractive about the technology, according to its proponents, is that 3D printers can produce...
  • Why Not Double the Prevailing Wage?

    01/28/2015 6:51:27 PM PST · by MichCapCon · 16 replies
    Michigan Capitol Confidential ^ | 1/26/2015 | Jarrett Skorup
    Michigans prevailing wage law sets an arbitrary mandate for what public entities (like schools) have to pay for construction projects. Top Republicans in Lansing rightly want to eliminate these mandates, as the Mackinac Center has recommended for years. This is estimated to save taxpayers more than $200 million per year. Democrats disagree with the proposed changes. "It's extremely disappointing that the first priority of Republicans is to lower wages and have people work for less," said House Minority Leader Tim Greimel, D-Auburn Hills. "It's just another example of Republicans' relentless push for cheap labor." But if government can set an...
  • Obamas Proposed Capital Gains Rate Hikes Will Hurt the Economy

    01/28/2015 3:30:42 PM PST · by Sean_Anthony · 8 replies
    Canada Free Press ^ | 01/28/15 | Alan Joel
    Raising the capital gains rate will put a stranglehold on risk taking and available capital President Obama just told the country during his State of the Union address that he is going to increase the capital gains rate again in order to raise revenue for new spending programs. Given that Obama already knows that raising the capital gains rate actually REDUCES revenue, we are left with a President who believes that we can pay for increased spending by reducing revenue. He acknowledged this in 2008 during a televised debate against Hillary Clinton, but went on to state that rates should...
  • Global downsides: 1 high debt; 2 Lack of growth and deflation; 3 Fragile EM...

    01/28/2015 3:11:59 PM PST · by alexmark1917 · 1 replies
    Rajan: "Today, debt is making it difficult for developed countries to resume pre-2008 growth rates" http://t.co/hi4QoAqSA8 Project Syndicate (@ProSyn) January 18, 2015 Today, debt is making it difficult for developed countries to resume pre-2008 growth rates, let alone restore the levels of GDP that would have been attained if the subsequent Great Recession had not happened. Meanwhile, industrial countries overall debt/GDP ratios are continuing to grow. In emerging markets, slow growth in the advanced economies has shut down a traditional development path: export-led growth. As a result, emerging markets have had to rely once again on domestic demand. This...
  • BATF Pistol Brace Letter and Irrational Law

    01/28/2015 2:11:15 PM PST · by marktwain · 10 replies
    Gun Watch ^ | 27 January, 2015 | Dean Weingarten
    Properly installed arm brace at Sig Sauer booth at the Shot show. On 16 January, just before the Shot Show, the BATF published an open letter on the subject of "The Redesign of "Stabilizing Braces". The letter was supposed to "clarify" the increasingly muddy, irrational, and stupid law. A combination of the thwarted original intent of the legislation, combined with continued bureaucratic desires to "grow the rice bowl*" and the irrational belief of disarmists that any additional regulation is good, not matter what, has resulted in our arrival at this point. The National Firearms act regulation of short barreled...
  • Austrian Bank On The Edge! Derivatives Is 10 Times The Size Of The Global Economy

    01/28/2015 1:49:24 PM PST · by alexmark1917 · 18 replies
    Last year Austria's largest bank, Erste Bank, sent shudders of Credit Anstalt through the European Banking System. This year it is Austria's 3rd largest bank that is scaring investors senseless. On the heels of the Swiss National Bank's decision to un-peg from the Euro, Raiffeisen Bank's Swiss-Franc-Denominated mortgage worries have resurfaced (along with Russian/Ukraine writedowns) and nowhere is that more evident than the total collapse of the bank's bonds (from over 95c to 65c today). Even after the ECB Q (and some apparent intervention to weaken the Swissy) bonds kept free-falling. Perhaps, The Freedom Party's demands for a bailout will...
  • Sierra Vista has state's cheapest insurance. Local average at $990 per year

    01/28/2015 6:11:52 AM PST · by SandRat · 3 replies
    Sierra Vista Herald ^ | Derek Jordan
    SIERRA VISTA A recent study by a New York-based personal finance research firm has found that Sierra Vista residents pay the lowest homeowners insurance premiums in the state. With an average annual premium of $990, Sierra Vistans pay a full 23 percent less than the state average of $1,275 for a $200,000 house, according to the study by ValuePenguin.
  • Ten times more Americans than first est will lose employer-based health ins under Obamacare: CBO

    01/28/2015 6:02:54 AM PST · by Cincinatus' Wife · 7 replies
    The American Thinker ^ | January 28, 2015 | Rick Moran
    The latest data on Obamacare analyzed by the Congressional Budget Office shows that 10 million Americans are likely to lose their employer-based insurance by 2021 as companies dump their workers onto the Obamacare exchanges. That's 10 times the number originally projected by the CBO. About 1 of every 16 workers will be affected. The latest CBO report has not garnered a lot of attention, even though it contains the modestly good news that Obamacare is not costing as much as the CBO thought it would in 2010. That said, another reason the left and the administration may not be touting...
  • Overweight Women Tend To Earn Smaller Paychecks, Study Claims

    01/27/2015 6:22:32 PM PST · by 2ndDivisionVet · 80 replies
    NBC News ^ | October 22, 2014 | Bill Briggs
    Heavier women are more likely to be lighter in the wallet, reports a new study that says obese females tend to occupy lower-paying, more-strenuous jobs in less-visible corners of the U.S. workforce when compared to average-sized women and men. In fact, the link between extra pounds and leaner paychecks is distinct: When a woman becomes overweight, she already is less likely to land a public-facing role in better-paying white-collar jobs, according to research released Tuesday by Vanderbilt University. And women who are considered obese or morbidly obese based on their body mass indexes are more likely to forced...
  • The Collapse of Europe? The European Union May Be on the Verge of Regime Collapse

    01/27/2015 3:00:01 PM PST · by alexmark1917 · 14 replies
    INVESTMENT WATCH BLOG ^ | Worker Ant #11
    The Collapse of Europe? The European Union May Be on the Verge of Regime Collapse Europe won the Cold War. Not long after the Berlin Wall fell a quarter of a century ago, the Soviet Union collapsed, the United States squandered its peace dividend in an attempt to maintain global dominance, and Europe quietly became more prosperous, more integrated, and more of a player in international affairs. Between 1989 and 2014, the European Union (EU) practically doubled its membership and catapulted into third place in population behind China and India. It currently boasts the worlds largest economy and also heads...
  • Apple just made $18 billion in 90 days, more than 435 firms in the S&P 500 in total

    01/27/2015 2:58:24 PM PST · by alexmark1917 · 28 replies
    INVESTMENT WATCH BLOG ^ | Worker Ant #11
    Apple just made $18 billion in 90 days, more than 435 firms in the S&P 500 each made in total since 2009 Submitted by WorkerAnt#11, on January 27th, 2015 Share0 Tweet0 0 Share0 Apple shares rose 45% over the past 12 months and grew 15% since $AAPL introduced the iPhone 6 NEW YORK (MarketWatch) Apple Inc. is set to report first-quarter earnings after the market closes on Tuesday. The Cupertino-based company has continued to impress Wall Street with stronger-than-expected sales of its higher-margin iPhone 6 Plus. Quarterly earnings per share and revenue estimates have risen an average...
  • This Is The Beginning Of The End For The Euro

    01/27/2015 10:23:22 AM PST · by SeekAndFind · 21 replies
    TEC ^ | 01/27/2015 | Michael Snyder
    The long-anticipated collapse of the euro is here. When European Central Bank president Mario Draghi unveiled an open-ended quantitative easing program worth at least 60 billion euros a month on Thursday, stocks soared but the euro plummeted like a rock. It hit an 11 year low of $1.13, and many analysts believe that it is going much, much lower than this. The speed at which the euro has been falling in recent months has been absolutely stunning. Less than a year ago it was hovering near $1.40. But since that time the crippling economic problems in southern Europe have gone...
  • A vital means of reversing foreign oil dependency

    01/27/2015 9:53:12 AM PST · by Sean_Anthony · 3 replies
    Canada Free Press ^ | 01/27/15 | Thomas S. Mullikin
    Lets reverse our dangerous dependency on foreign energy sources, and in-so-doing reduce the unnecessary expenditure in blood and treasure Energy especially availability and most especially foreign oil dependency is a huge national concern. In the aggregate, energy is perhaps the greatest of all concerns related to American national security. If we look at foreign oil dependency alone, we see that the U.S. spends hundreds of billions of dollars each year on energy imports, with much of this energy imported from Middle Eastern nations. Since there is no way to adequately determine much less direct or demand ...
  • Latest Obama executive order: 12 million acres of ANWR now off limits

    01/27/2015 9:51:41 AM PST · by Sean_Anthony · 16 replies
    Canada Free Press ^ | 01/27/15 | Dan Calabrese
    Screw you, Alaska. Obama has simply engaged in yet another assault on this nation's economic vitality About a third of all the jobs in Alaska are connected to oil exploration and development. And the ability to keep the oil industry vibrant in Alaska is very much dependent on the Trans-Alaska pipeline. So youd think an administration that claims to be about keeping good jobs viable would have an interest in seeing to it that oil continues to flow freely through the pipeline - not only for the sake of Alaskas economic viability but also for the sake of the nations...
  • The most important thing to understand about the coming oil production cutbacks

    01/27/2015 4:42:52 AM PST · by thackney · 25 replies
    Resource Insights ^ | JANUARY 25, 2015 | KURT COBB
    What the current oil price slump means for world oil supply is starting to emerge. "Layoffs," "cutbacks," "delays," and "cancellations" are words one sees in headlines concerning the oil industry every day. That can only mean one thing in the long run: less supply later on than would otherwise have been the case. But perhaps the most important thing you need to understand about the coming oil production cutbacks is where they are going to come from, namely Canada and the United States. Why is this important? For one very simple reason. Without growth in production from these two countries,...
  • Raise the Flag High: Queer Farming in Rural America (USDA helping, of course)

    01/26/2015 4:20:44 PM PST · by 2ndDivisionVet · 35 replies
    Modern Farmer ^ | January 22, 2015 | Lori Rotenberk
    In a black and white photo snapped in the early 1940s, a young, central Ohio farm girl beams from beneath a straw hat. Around her neck is a small scarf; she wears a pair of overalls. The photo arrived with a simple but joyfully blunt note from the subject, now a 77-year-old farmer in rural Ohio: Heres me, butch Gael!Only age 9 when it was taken, she already had a faint understanding that she was a lesbian. Aware of her differences, Gael buried a lack of love for frills in acceptable rural tomboyishness. For more than a decade she hid...
  • Obama Disses Alaska

    01/26/2015 12:45:33 PM PST · by Sean_Anthony · 12 replies
    Canada Free Press ^ | 01/26/15 | Alan Caruba
    Sen. Murkowski: I cannot understand why this administration is willing to negotiate with Iran, but not Alaska. Fifty million Americans who live in the northeast will experience what is predicted to be a historic blizzard from Monday evening through Tuesday. Cities and towns will virtually or literally close down. People will be told to stay indoors for their safety and to facilitate the crews that will labor to clear the roads of snow. In other words, welcome to Alaska, a place that is plenty cold most of the year and which is no stranger to snow and ice. Alaska, however,...
  • IL: 7th Circuit Court of Appeals to hear 'Assault Weapon' Ban Case

    01/26/2015 5:34:30 AM PST · by marktwain · 5 replies
    Gun Watch ^ | 25 January, 2015 | Dean Weingarten
    The 7th Circuit federal court of appeals will hear a case against a local ban on some common rifles, handguns, shotguns, and magazines. The city of Highland Park, notorious for its anti-second amendment laws, passed an ordinance that requires residents to turn in, modify or remove the banned items from the city. Ordinance 136(pdf) deals with "Assault Weapons". The ordinance includes very broad boilerplate language. Some claim that the ordinance was lifted from the City of Chicago. The definitions are broad and cover most semi-automatic rifles, and a fair number of pistols and shotguns. Highland Park has a...
  • Euro crisis, banking crisis, debt crisis - 5 yrs rearranging deck chairs on the Titanic

    01/26/2015 5:24:20 AM PST · by alexmark1917 · 1 replies
    5 years into the euro zone crisis the ECB announces a 1.1 trillion quantitative easing programme to boost economy. Bolder than expected. Draghi Commits ECB to Trillion-Euro Asset-Purchase Plan to Fight Deflation Mario Draghi led the European Central Bank into a new era, committing to a quantitative easing program worth at least 1.1 trillion euros ($1.3 trillion) to counter the threat of a deflationary spiral. The ECB president shrugged off determined opposition led by German officials with a pledge to buy 60 billion euros every month through September next year in a once-and-for-all push to put more cash into circulation...
  • No fracking? Then no bonds, New Mexico bill says

    01/25/2015 8:06:46 PM PST · by CedarDave · 16 replies
    New Mexico Watchdog ^ | January 23, 2015 | Rob Nikolewski
    SANTA FE, N.M. New Mexico receives about $2 billion a year in direct revenue from oil and gas production through severance taxes, property taxes and royalty and rental income. At the same time, a number of communities in the state have passed ordinances restricting oil and gas development. Now, as lawmakers start their 60-day legislative session, here comes a bill thats sure to spark plenty of arguments. A state senator has introduced legislation that would strip severance tax bonds from communities that impose 25 percent or more in costs to mining as well as oil and natural gas production....
  • New President for Planned Parenthood

    01/25/2015 1:24:32 PM PST · by 2ndDivisionVet · 7 replies
    The Santa Barbara Independent ^ | January 24, 2015 | Lyz Hoffman
    Jenna Tosh New President/ CEO Santa Barbara Chapter of Planned Parenthood Jenna Tosh Talks about Protestors, Congress, and Her Plans for the Santa Barbara ChapterLast week, Jenna Tosh became the new leader for the tri-counties Planned Parenthood branch, replacing longtime president Cheryl Rollings, who retired last fall. With her, Tosh, 31, brings experience heading the Orlando affiliate, where she oversaw 69 staff and a $5 million budget. In charge of Santa Barbara, Ventura, and San Luis Obispo, Tosh who holds a PhD in public policy, which she focused on teen pregnancy will see her staff nearly double (120)...
  • President Touts Expansion of Welfare State to Boost Middle Class [semi-satire]

    01/25/2015 9:21:57 AM PST · by John Semmens · 3 replies
    Semi-News/Semi-Satire ^ | 24 Jan 2015 | John Semmens
    In his 2015 State-of-the Union address, President Obama lamented the unfairness of a society where only the few do spectacularly well. He proposed to rectify this injustice by expanding government programs that would offer pittances to a broader number of people who comply with specified behaviors. One stark example was the Presidents proposal to penalize individuals who set aside money for their own childrens education with higher taxes that would be used to partially fund community college for all. Why should those who have the means to finance their own childrens college be permitted to do so when the children...
  • Kel-Tec has a new Patent for a 33 round .22LR Magazine

    01/25/2015 5:17:00 AM PST · by marktwain · 33 replies
    Gun Watch ^ | 24 January, 2015 | Dean Weingarten
    Toby Obermeit, Lead Design Engineer at Kel-Tec, holds a PMR-30 magazine. That magazine holds 30 .22 WMR cartridges. The design is popular, with Kel-Tec shipping 500 of the pistols each week. I talked to Toby at the Shot Show this week. He and Kel-Tec recently obtained a patent on a new magazine design that would create an even larger capacity for the .22LR cartridge. It would fit in a pistol grip, with a preliminary capacity of 33 rounds. Toby said that Kel-Tec CNC has been granted the patent just a few weeks ago. It is specifically aimed at the...
  • War Is At Our Footsteps, Countries Splurge To Do Whatever It Takes to Win.

    01/25/2015 4:37:06 AM PST · by alexmark1917 · 1 replies
    pic.twitter.com/uiT7ArqfWb trutherbot (@trutherbot) January 20, 2015 Japan approves record defence budget, record $42b budget is to boost defences of disputed islands amid China's assertiveness in the region Japan's cabinet has approved the country's largest defence budget, with plans to buy surveillance aircraft and F-35 fighter jets to improve defences of disputed islands amid China's increasing assertiveness in the region. Prime Minister Shinzo Abe's Cabinet endorsed on Wednesday a nearly $42b defence budget for the year beginning in April, a two percent rise. The budget must still be approved by parliament, but Abe's coalition holds majorities in both houses. The...
  • Don't Self-Flagellate About White Privilege. Do Something!

    01/24/2015 10:53:18 PM PST · by 2ndDivisionVet · 48 replies
    The Huffington Post's The Blog ^ | January 20, 2015 | Professor Merrill Cole
    It's not about being a good person because racism makes you feel bad. At a recent Black Lives Matter rally, I saw a middle-aged woman come nervously to the microphone. She began to speak about her white privilege. While she chided herself for past wrongs and oversights, she said next to nothing about the events that called the rally forth: the police killings of innocent black women and men, and the failure of the justice system to hold the killers accountable. Perhaps she didn't address these issues because she feared that in doing so, she would come across as a...
  • FL: Act Compliant to Gain time and Opportunity

    01/24/2015 10:12:31 AM PST · by marktwain · 7 replies
    Gun Watch ^ | 24 January, 2015 | Dean Weingarten
    Most armed robbers are reluctant to shoot. There can be many reasons for this, including additional scrutiny from the authorities, drawing attention to the crime in progress, even a reluctance to inflict harm. Often, this will give the victim an opportunity to feign compliance in order to gain an advantage. It happened in this case in Florida yesterday, the 22nd of January, 2015. The victim in this case was Fabian Rosario. He is a surveyor who was working with a colleague on a land survey when he was approached by a suspect who pulled a gun and demanded money....
  • The United States Is Imploding, On The Eve Of Destruction.

    01/24/2015 6:04:06 AM PST · by alexmark1917 · 45 replies
    The United States is gradually, but unrelentingly, destroying part of itself. The facts to support this are well-documented, told in many ways from past to present. The most egregious example of Americide is our country's treatment of African-Americans. Almost everyone agrees about the evils of slavery, once dismissed simply as a Peculiar Institution. But a debate goes on about reparations, with passionate arguments on both sides, ranging from a demand for a Reparations Superfund for jobs and education, to a claim that blacks actually benefited from slavery because of the years of 'reparations' received through poverty programs. Reparations opponents insist...
  • Author who calls for studying slavery reparations speaks in Iowa

    01/23/2015 12:04:07 PM PST · by 2ndDivisionVet · 32 replies
    Radio Iowa ^ | January 22, 2015 | Dar Danielson
    A national correspondent for The Atlantic Magazine who gained attention for an article calling on the United States to study possible reparations for slavery was in Iowa this week to speak at Grinnell Colleges Martin Luther King Junior Day events. In an interview with Radio Iowa, Ta-Nehisi Coates says the idea of reparations for slavery is as old as the country itself. Immediately after the Revolutionary War you had black people who had been enslave by the British making that argument that post-colonial, not really colonial government, reclaimed the property of British slave holders that African Americans who had been...
  • Dart Center for Shoddy Journalism?

    01/23/2015 8:50:28 AM PST · by marktwain · 1 replies
    Gun Watch ^ | 22 January, 2015 | Dean Weingarten
    The above is a screenshot from the Dart Center for Journalism and Trauma's call for applications from journalists to attend a "workshop for journalists on covering guns and gun violence". It is from dartcenter.org website, so you can look for yourself. In their invitation to apply for a two day workshop in which they purport to educate journalists about how to report on guns and "gun violence", they list a highly questionable "fact". They state that: Nearly 100 school shootings have occurred since the massacre at Sandy Hook Elementary only two years ago. Presumably, this is taken from...
  • Affordable Care Excise Tax, Part III

    01/23/2015 5:45:27 AM PST · by NaturalBornConservative · 13 replies
    Natural Born Conservative ^ | January 22, 2015 | Larry Walker II
    Paying Your Fair Share:: By: Larry Walker II ::In Tax Simplification, Part II, I expounded on a 2010 Annual Report to Congress, in which National Taxpayer Advocate Nina E. Olson focused on the need for tax reform as the No. 1 priority in tax administration. In particular, she focused on the problem of delivering social benefits through the tax system, which complicates the mission of the Internal Revenue Service (IRS), resulting in a dual mission of welfare administration as well as revenue collection. But instead of taking heed, the federal government doubled down, adding a new health care excise tax...
  • Fed QE was $4trn over six years, BOJ and ECB spending a combined $1.5trn year.

    01/23/2015 5:16:22 AM PST · by alexmark1917 · 1 replies
    Feds $4 Trillion Holdings to Boost Growth Beyond End of QEQuantitative easing may turn out to be a gift that keeps on giving for the U.S. economy. As the Federal Reserve prepares to end its third round of bond buying next week, the central bank plans to hang on to the record$4.48 trillion balance sheet it has accumulated since announcing the first round of purchases in November 2008. That will continue to keep a lid on borrowing costs, helping the Fed lift inflation closer to its target and providing support to a five-year expansion facing headwinds abroad, from war in...
  • Typical American Smokers Burn Up at Least $1 Million During Their Lifetimes

    01/22/2015 8:04:40 PM PST · by 2ndDivisionVet · 50 replies
    Time Magazine ^ | January 22, 2015 | Kevin McSpadden
    Alaska smokers will spend over $2 million.American smokers spend at least $1 million dollars on cigarette-related expenditures over their lifetimes, according to a state-by-state analysis done by the financial consultancy company WalletHub. The most expensive state for smokers is Alaska, where the habit costs over $2 million dollars on average. For a bargain, move to South Carolina, but that still comes in at nearly $1.1 million. I and most people really just think of the cost of cigarettes and taxes on the packs, but if you think about the healthcare costs, which can totally be avoided, healthcare insurance premiums, and...
  • New Glock w/optical site base Popular at Shot Show Industry Day at the Range

    01/22/2015 2:58:51 PM PST · by marktwain · 20 replies
    Gun Watch ^ | 22 January, 2015 | Dean Weingarten
    The new Glock 40 10mm with factory optical site mount. A long slide version with a 6 inch barrel is available. This could be important in some states, such as Wisconsin, which requires a minimum 5 inch barrel for hunting big game with a handgun. I saw the pistol at the industry day at the range for the Shot Show in Las Vegas on Monday. I asked if Glock had entered this pistol in the Army competition for a new, more powerful handgun. The representative did not know. The line to try out the new Glock was fairly long;...
  • Of Speeches and Monuments - The Quest for the Obama Presidential Library

    01/22/2015 11:31:27 AM PST · by jfd1776 · 21 replies
    Illinois Review ^ | January 22, 2015 A.D. | John F. Di Leo
    By John F. Di Leo - On Wednesday, January 21, the sun rose on a nation still licking its wounds from a beating it had taken the night before. At 9:00pm EST on Tuesday, a pugilist stood there the Resident of 1600 Pennsylvania Avenue safe behind a big, sturdy podium for protection, and socked the American people in the jaw, again and again, for as long as we were willing to sit out here in TV-land and take it... and the entire bodyguard that the Constitution had provided to defend them from such a beating - the House,...
  • World's first 3D-printed apartment building constructed in China

    01/21/2015 6:45:39 PM PST · by 2ndDivisionVet · 18 replies
    CNet ^ | January 20, 2015 | Michelle Starr
    A Chinese company has successfully 3D printed a five-storey apartment building and a 1,100 square metre villa from a special print material.While architectural firms compete with their designs for 3D-printed dwellings, one company in China has quietly been setting about getting the job done. In March of last year, company WinSun claimed to have printed 10 houses in 24 hours, using a proprietary 3D printer that uses a mixture of ground construction and industrial waste, such as glass and tailings, around a base of quick-drying cement mixed with a special hardening agent. Now, WinSun has further demonstrated the efficacy of...
  • First Swiss Franc, Now Euro...RBC To Charge Negative Interest On Euro-Denominated Balances

    01/21/2015 5:52:23 PM PST · by alexmark1917 · 9 replies
    First Swiss Franc, now Euro... RBC TO CHARGE NEGATIVE INTEREST ON EURO-DENOMINATED BALANCES Russian Market (@russian_market) January 21, 2015 Opinion: Think negative interest rates cant happen here? Think again In the last week, the markets have had to get used to the idea of the negative interest rate, where you actually get charged for keeping money in the bank rather than going out and spending it. So far, that is restricted to two relatively small economies, both of which are struggling with the likely launch of a massive program of quantitative easing this week in the eurozone. But what...
  • While You Were Sleeping, Lehman Just Happened...

    01/21/2015 2:51:17 PM PST · by alexmark1917 · 24 replies
    The "Deflationary Vortex": Global Dollar Economy Suffers Biggest Plunge Since Lehman, Down $4 Trillion One of the macroeconomic observations that has gotten absolutely no mention in recent months is the curious fact that while global economic growth has not imploded in recent quarters, it is because GDP has been represented, as is customary, in local currency terms. Of course, this comes as a time when local currencies (at least those which are not the USD) have been plunging against the greenback on the back of the expectations that the Fed will hike rates some time in the summer or later...
  • Rickards: Brace For Financial Storm 6x Larger Than 2008

    01/21/2015 12:09:48 PM PST · by alexmark1917 · 38 replies
    Over the coming months, I believe we could see an economic meltdown at least six times the size of the 2007 subprime mortgage meltdown... The next financial collapse, already on our radar screen, will not come from hedge funds or home mortgages. It will come from junk bonds, especially energy-related and emerging-market corporate debt. The Financial Times recently estimated that the total amount of energy-related corporate debt issued from 2009-2014 for exploration and development is over $5 trillion. Meanwhile, the Bank for International Settlements recently estimated that the total amount of emerging-market dollar-denominated corporate debt is over $9 trillion. Energy-sector...
  • A Terrible, Horrible, No Good, Very Bad Idea

    01/21/2015 11:35:39 AM PST · by lifeofgrace · 4 replies
    Charting Course ^ | 1/21/15 | Steve Berman
    Taxing Section 529 tax-free education plans is a terrible, horrible, no good, very bad idea. Of all the lying, broken campaign promises,and studied burglary President Obama has committed over the past six yearsseven really, if you count his first campaignthis has to be the worst. He who cant help but toot his own horn (tooting his horn was his onlymoment of clarityin the whole State of the Union Speech), saidthislast night: Of course, the education race doesn't end with a high school diploma. To compete, higher education must be within the reach of every American. (Applause.) That's why we've ended...