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Business/Economy (Bloggers & Personal)

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  • Rossi: Approx 20 E-Cat Reactors Running Above 600C

    06/25/2012 5:07:53 AM PDT · by Normandy · 19 replies
    E-Cat World ^ | June 25, 2012
    We're used to Andrea Rossi making statements about his work on the Journal of Nuclear Physics web site. Some are more dramatic than others, and this latest one could be considered more on the dramatic side: Italo R. June 24th, 2012 at 10:42 AM Dear dr. Rossi, in these hot summer days we all are sweating. What about you, near your 600 °C device? Warm (or, better, fresh) regards… Italo R. - Andrea Rossi June 24th, 2012 at 1:37 PM Dear Italo R.: Actually, I am in the USA, close to 20 reactors working above 600 Celsius. We must collect...
  • DENNY'S SUPPORTS 2ND AMENDMENT AND CONSTITUTION IN NEW AD

    06/24/2012 8:36:12 PM PDT · by SaveOurRepublicFromTyranny · 15 replies
    THE FREEDOM POST ^ | June 24, 2012
    VIDEO: In an era where cowardly companies are caving into the vile communist minority, it's wonderful to see Denny's run this ad promoting America's greatness and constitutional principles, especially the "Right to Bear Arms," guaranteed in the Second Amendment.
  • The Real Jobs Deficit | Moving in the wrong direction.

    06/24/2012 7:03:29 PM PDT · by NaturalBornConservative · 10 replies
    Natural Born Conservative ^ | June 24, 2012 | Larry Walker, Jr.
    “Every time in this century we've lowered the tax rates across the board, on employment, on saving, investment and risk-taking in this economy, revenues went up, not down.” ~ Jack Kemp* By: Larry Walker, Jr. *A total of 3,514,000 Nonfarm jobs had already been lost by the time President Bush handed the keys over to Barack Obama, yet even though the Great Recession officially ended in June of 2009, an additional 4,889,000 jobs were lost during Obama’s first 11 months in office (see table). By November of 2009 the recession had eliminated an estimated 8,403,000 jobs. It was at this...
  • A resume for a refugee?

    06/24/2012 1:11:54 PM PDT · by dangus · 3 replies
    Vanity/Bleg | 2012-06-24 | Dangus
    A very remarkable woman I know recently lost her job at a hospital, discriminated against because she was NOT a Muslim. Ironically, she became a refugee in America to escape Islamicist oppression; she was a Philippino trapped into servitude who came to work for an astonishingly high-ranking Muslim who took her to America... where she fled. Now she wants help on a resume, where she has listed her former employee. I'm afraid that without knowing her and her story, her claims of who she has worked for sound a little delusional. I was thinking that an "Accomplishments" section could sorta...
  • The Limits of Fed Monetary Policy for “Affordable” Housing

    06/24/2012 10:49:22 AM PDT · by whitedog57 · 3 replies
    Confounded Interest ^ | 06/24/2012 | Anthony B. Sanders
    When I spoke at the American Action Forum with Douglas Holtz-Eakin and Jared Bernstein about housing, I didn’t mention the following nasty chart of M2 Money Velocity and house prices: What this chart says is that monetary policy is ineffective (M2 Money Velocity) and will not be able to stimulate a recovery in the housing market. Why? A lack of available mortgage credit. Credit is tight (720+ FICO scores required) and the Fannie Mae analyst mentioned that Fannie Mae would not purchase or insure any mortgage of someone who had defaulted for 7 years. So even though house prices are...
  • Reaganite's Sunday Funnies

    06/24/2012 3:26:08 AM PDT · by Reaganite Republican · 1 replies
    Reaganite Republican ^ | June 24, 2012 | Reaganite Republican
    Best of political humor from around the USA this week...  Demwits More at Reaganite Republican...
  • Brother Ali reflects on his arrest & involvement in Occupy Homes movement(White Muslim rapper)

    06/24/2012 3:10:43 AM PDT · by 2ndDivisionVet · 7 replies
    Minnesota Public Radio ^ | June 22, 2012 | Andrea Swensson
    Hip-hop artist Brother Ali has never been one to shy away from social justice causes. But his participation in last night's Occupy Homes protest and subsequent arrest are by far his boldest political statements to date. I called up Brother Ali this morning to learn more about where he was coming from last night. As is common practice with Ali, we touched on far more than just what happened over the past 24 hours; the conversation quickly evolved into a deeper meditation on our current cultural climate. Below is a lightly edited transcript of our 30-minute conversation. Local Current: I...
  • The South is Right!

    06/23/2012 7:52:50 PM PDT · by 2ndDivisionVet · 157 replies
    Nolan Chart ^ | May 25, 2012 | Mark Voge
    150 years after the great divide in America, reality seems to be proving that the South was right on everything but slavery, lets look! The Kennedy brothers, Donnie and Ron shook book stores across the land when their book The South Was Right boldly proclaimed a view which asserts that the original founders of America were right, and Lincoln and the progressives were wrong! The Kennedy twins are intelligent, educated, successful southerners who focused their intellects on researching the politics and economics of the ante bellum era and found considerable evidence that the South was right. It's a terrific book...
  • As RBS' ATM "Glitch" Enters Fifth Day, The Bailed Out Bank Issues A Statement

    06/23/2012 1:14:44 PM PDT · by Kartographer · 30 replies
    ZeroHedge ^ | 6/23/12 | Tyler Durden
    Over the past week, various entities controlled by bailed out UK-bank RBS, focusing primarily on NatWest, have seen clients unable to access virtually any of their funds, perform any financial transactions, or even get an accurate reading of their assets. The official reason: "system outage"... yet as the outage drags on inexplicably for the 5th consecutive day, the anger grows, as does speculation that there may be more sinister reasons involved for the cash hold up than a mere computer bug.
  • Poll Americans may approve legislative power being exercised by president (immigration policy).

    06/23/2012 9:11:21 AM PDT · by JOHN W K · 24 replies
    6-23-12 | johnwk
    This is very scary! It appears that Americans approve by a 2 to 1 majority to allow the president to enforce his own law regarding immigration policy! See: Poll Shows 2-1 Support of Immigration Policy “By more than a 2-to-1 ratio, Americans favor the Obama administration’s new immigration policy, according to a Bloomberg poll released on Tuesday.” But Article VI of our Constitution states This Constitution, and the Laws of the United States which shall be made in Pursuance thereof… shall be the supreme Law of the Land … The Senators and Representatives before mentioned, and the Members of the...
  • On becoming Illegal

    06/22/2012 12:56:49 PM PDT · by RedStateRocker · 8 replies
    Email | 6/22/12 | unknown
    On Becoming Illegal. You'll love this! FORMS ARE GOING FAST- SIGN UP TODAY! Becoming Illegal (Actual letter from an Iowa resident sent to his senator,) The Honorable Tom Harkin 731 Hart Senate Office Building Phone (202) 224 3254 Washington DC , 20510 Dear Senator Harkin, As a native Iowan and excellent customer of the Internal Revenue Service, I am writing to ask for your assistance. I have contacted the Department of Homeland Security in an effort to determine the process for becoming an illegal alien and they referred me to you. My primary reason for wishing to change my status...
  • Winning is Not Enough

    06/22/2012 11:31:00 AM PDT · by publius321 · 3 replies
    June 22, 2012 | Scott Ryan
    While President Obama creates fresh wounds and opens the old, he continues to engage in his multi-year attempt to build perception of a Lincolnesque equivalence to his perverse activities and policies. He has many up his sleeve but what is the latest? Recently Barack Obama declared that illegal aliens under 30 will not be deported but instead be given work permits. In his deluded mind, this declaration of amnesty for approximately 800 thousand illegal aliens is his historic version of Lincoln’s "emancipation proclamation”. Of course it is a preposterous correlation to draw: The Africans were a people brought here on...
  • GM may suffer future sales backlash from thousands of retirees

    06/22/2012 11:19:34 AM PDT · by jazusamo · 27 replies
    Torque News ^ | June 22, 2012 | Frank Sherosky
    Many of the 118,000 salaried retirees are bitterly stating they will never buy another GM vehicle; and anyone who discounts the effects their numbers can have on sales should reconsider. GM retirees have been loyal GM fans, often purchasing more than one car, not to mention convincing others in their family and friend networks to buy as well. Like the GM reitrement plan, though, those days may be over. Call it what you will, but in recent emails both the General Motors Retiree Association (GMRA) and the National Retiree Legislative Network (NRLN) consider the ending of the GM retirement fund...
  • Perfect Together: Italian Mafia & Mexican Cartels

    06/22/2012 6:30:21 AM PDT · by AtlasStalled · 2 replies
    Friends of Ours ^ | 06/22/12 | Friends of Ours
    A 10-year investigation has exposed a partnership between the Sicilian Mafia and Mexican cartels in moving product across the Atlantic Ocean into Italy as reported by Andrew O'Reilly for Fox News: Home to the notorious Sicilian Mafia, Italian officials recently unearthed information that Palermo's black market, along with other Italian ports, is used by Mexico’s ruthless drug cartels as a conduit to bring drugs to the European market. * * * The Italian-Mexican connection was allegedly spearheaded by Elio and Bruno Gerardi, two Italian brothers based out of Monterrey who shipped hundreds of tons of cocaine on behalf of Cosa...
  • Supreme Court Tips Scale 'Against The Unions'

    06/21/2012 6:35:51 PM PDT · by 2ndDivisionVet · 10 replies
    North Country Public Radio | June 21, 2012 | Nina Totenberg
    The court weighed in on the fight over the rights of public employee unions Thursday, dealing unions another major defeat. The case dealt with nonmember fees for special political funds, but it could set the stage for scrutinizing regular union dues for nonmembers, which courts have supported for decades. The U.S. Supreme Court weighed in on the fight over the rights of public employee unions Thursday, dealing the unions another major defeat. By a 5-to-4 vote, the court ruled that when unions set up special political funds to fight for or against referendums on the ballot, nonmember government workers may...
  • NC Senate Moves Closer to Opening Up State's Energy Resources

    06/21/2012 7:42:52 AM PDT · by 92nina · 2 replies
    ATR ^ | 2012-06-20 | Rachel Hyde
    A bill which would legalize hydraulic fracturing—a practice that has been used to extract natural gas for decades—was passed by North Carolina’s House last week. The Senate previously approved a different version of the legislation than the one passed by the House. The updated version is pending approval by the Senate tomorrow. Senate Bill 820, titled the Clean Energy and Economic Security Act, would sanction the use of hydraulic fracturing by mid-2014, consequently lowering energy costs across the state and creating a plethora of new jobs for North Carolinians. Currently the oil and natural gas industry supports 135,165 well-paying jobs...
  • Will Toledo, Ohio Be The First Major American City To Be Owned By China?

    06/21/2012 4:16:02 AM PDT · by Whenifhow · 10 replies
    http://theeconomiccollapseblog.com ^ | 6.21.12 | Susanne Posel
    It has been said that there are two ways to conquer and enslave a nation. One way is by using the sword, and the other is by using debt. Fortunately, America is not in danger of being conquered by the sword right now, but America is being conquered by debt. The borrower is the servant of the lender, and today we owe China more than a trillion dollars. By running a gigantic trade deficit with us, China has been able to become incredibly wealthy. We have begged them to lend us back some of the money that we have sent...
  • Poll: Former Supreme Court clerks think the mandate is done for

    06/20/2012 11:31:03 PM PDT · by 2ndDivisionVet · 21 replies
    The Washington Post ^ | June 20, 2012 | Sarah Kliff
    A new poll of 56 former Supreme Court clerks finds that 57 percent think the individual mandate will be overturned. That’s a 22-point jump from the last time the same group of clerks was surveyed, right before oral arguments. Back then, 35 percent thought the court would toss out the required purchase of health insurance. Most of the clerks found the Supreme Court’s questioning to be more skeptical than they had expected. As one clerk put it to Purple Strategies’ Doug Usher, who conducted the research, “I feel like a dope, because I was one of those who predicted that...
  • Obama Jobs Scorecard, Part 3 : The American Dream

    06/20/2012 3:14:34 PM PDT · by NaturalBornConservative · 3 replies
    Natural Born Conservative ^ | June 20, 2012 | Larry Walker, Jr.
    “53 Percent of All Young College Graduates in America are either Unemployed or Underemployed” ~ The Economic Collapse* By: Larry Walker, Jr. *It is a fact that the U.S. economy has lost a total of 4,884,000 Nonfarm jobs since the beginning of the Great Recession. But according to the National Bureau of Economic Research, the recession officially ended three years ago. We would all like to believe that things aren’t so bad, that the glass is half full, but for many the American Dream appears to be fading away. The question we should be asking ourselves, three years into this...
  • Bernanke Twists Again Like He Did Last Summer ($267B) – But Will It Help?

    06/20/2012 12:44:03 PM PDT · by whitedog57 · 9 replies
    Confounded Interest ^ | 06/20/2012 | Anthony B. Sanders
    Today, Fed Chairman Ben Bernanke peeked around the corner and sang “Let’s Twist Again Like We Did Last Summer. Oh, let’s Twist again, Twisting time is here.” Not really of course. But The Fed did announced that they are extending Operation Twist until the end of the year. And Twist will be increased to $267 billion. No MBS stimulus either, so Agency MBS slumped today. Federal Reserve Bank of Richmond President Jeffrey Lacker voted against the committee’s action on Wednesday because he “opposed continuation of the maturity extension program,” according to the statement. Lacker has dissented at all four FOMC...