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Business/Economy (Bloggers & Personal)

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  • Pennsylvania Reacts Live to the Romney-Obama Debate

    10/04/2012 2:39:02 AM PDT · by 2ndDivisionVet · 15 replies
    Patch ^ | October 4, 2012 | James Boyle and Jason Renard
    When Wendy Larson arrived to watch Wednesday night's presidential debate at Ann's Choice in Warminster, she had already decided on voting for incumbent President Barack Obama. "I made up my mind after the conventions," said Larson. "When I saw the Republicans, I didn't think they represented me." Ninety minutes later, Larson found herself back on the fence over how she will cast her ballot on November 6. "Romney acquitted himself well," she said. "He showed he has more experience in dealing with the country's problems." Judging by the real time reactions posted by Patch users in Bucks and Montgomery counties...
  • Yeah, I'll say it: Thank You, Mitt Romney!

    10/03/2012 9:50:46 PM PDT · by xuberalles · 11 replies
    Self | 10/3/12 | Me
    Tonight wasn’t about winners and losers - although Romney clearly was the more impressive man - it was about who has the poise, experience, competence and vision to restore America’s economic vitality and who can project an image of strength throughout the world. I will freely admit, in past years, I was not Mitt Romney’s biggest cheerleader; I refuse to lie and be a hypocrite. However, when we needed him most, when America literally hangs in the balance between propaganda and patriotism, Governor Romney erased any doubt as to who will defend the timeless ideals this nation was founded upon:...
  • Obama Phone vs. Romney Car

    10/03/2012 1:19:58 PM PDT · by publius321 · 8 replies ^ | 10/2/2012 | Scott Ryan
    No matter how many times I brought up this issue about Mitt Romney during the GOP primaries, it didn't get any traction. Conservatives should be appalled by this but if the 95% of African-Americans who voted for Obama believe it is government's job to take care of them, they should be informed: (2 min. video)
  • Pelosi Says GOP Campaign Too Negative

    10/03/2012 11:27:02 AM PDT · by John Semmens · 33 replies
    Semi-News/Semi-Satire ^ | 29 Sep 2012 | John Semmens
    House Minority Leader Nancy Pelosi (D-Calif) contends that Republicans are “poisoning the debate” and “suffocating the issues under a barrage of facts and statistics.” “All we are hearing from them is negativity,” Pelosi complained. “They say the economy is faltering, too many people are unemployed, taxes are too high, foreign policy is a shambles—just one unpleasant fact after another. This doesn’t lift up the country. It doesn’t boost morale.” The Congresswoman contrasted the GOP’s negativity with the Democrats’ message of “hope and change.” “Everyday, the President is out there trying to take people’s minds off their troubles,” she said. “He...
  • Americans May Be Getting Poorer, But At Least We Are Getting Fatter And Sicker

    10/03/2012 11:26:02 AM PDT · by SeekAndFind · 11 replies
    TEC ^ | 10/03/2012 | Michael Snyder
    Tweet I know, there really isn't any good news in that headline. Americans are steadily getting poorer, fatter and sicker and yet most people continue to operate under the delusion that things are somehow going to get better. Sadly, not only are we not better off than we were four years ago, the truth is that things have been getting worse for a very long time. Median household income in the United States has declined for four years in a row, and it has fallen by more than $4000 overall since Barack Obama has been in the White House....
  • RIP USA...just another collapsing victim of the cult of liberalism?

    10/03/2012 8:29:59 AM PDT · by Starman417 · 8 replies
    Flopping Aces ^ | 10-03-12 | Vince
    A friend of mine posted the above from E.J. Dionne of the Washington Post on Facebook. While the post quickly garnered a number of “Likes” I was incredulous. My response was thus: What a ridiculous statement. Tax cuts allow the rich and poor alike to keep more of the money they earned rather than give it to nameless, faceless and largely unaccountable bureaucrats to distribute. Conservatives don't want to give the rich anything. They simply don't want the government taking from those who work or invest to give to others. That's pretty simple. If Dionne has such a good...
  • Calypso Wireless v. T-Mobile (could determine ownership of seamless cell-HotSpot switching)

    10/03/2012 8:24:30 AM PDT · by pabianice · 6 replies
    investorshub ^ | 9/10/12 | various
    On September 10, 2012, in the U.S. District Court for the Eastern District of Texas, Marshall Division, a Markman Hearing was held in the case of Calypso Wireless v. T-Mobile. In 2004, Calypso was granted a patent ("923") for seamless wireless switching between cell communication and HotSpot communication. That year, T-Mobile signed an agreement with Calypso to examine and potentially use the patented technology with the aim of offering it to its customers. After seeing it demonstrated and getting the specs, CLYW alleged that TM then simply stole the technology and has been using it ever since. FTM, CLYW alleges...
  • Lawless Obama Tells Contractors Its OK To Break Law To Get Him Reelected

    10/03/2012 5:35:03 AM PDT · by raptor22 · 13 replies
    Corruption: Our lawless president tells defense contractors they can break the law requiring politically inconvenient layoff notices caused by sequestration defense cuts, and the taxpayers will pay their legal bills. When President Obama took the oath of office, he swore to uphold the Constitution and see that the laws of the United States were faithfully executed. He lied, and that lie was exposed in the administration's weekly document dump last Friday. It included a memo from the Department of Labor telling defense contractors not to obey the law and that, if they don't, U.S. taxpayers will foot their legal bills...
  • State, Nation Slipping In Economic Freedom Rankings

    10/03/2012 5:31:25 AM PDT · by MichCapCon · 1 replies
    Michigan Capitol Confidential ^ | 9/27/2012 | Jarrett Skorup
    Two new studies show just how much work needs to be done to improve economic performance in Michigan and across the country. An analysis from Northwood University commissioned by the Michigan Chamber of Commerce looked at the state's economic competitiveness. While the state has improved in the past few years, particularly in state debt and taxation, Michigan has had a steady, decade-long decline in other economic areas compared to the rest of the country. The study looked at 200 variables including Gross State Product growth, tax policy, regulatory policy and the cost of doing business. While the past few years...
  • How Romney Can Win With A Mandate

    10/02/2012 4:49:40 PM PDT · by Starman417 · 9 replies
    Flopping Aces ^ | 10-02-12 | Jess Jones
    It is panic time for the Romney campaign.  We are in the final stretch toward the most important election of our lifetimes, and Romney’s campaign still hasn’t left the starting blocks.  The fact that he is as close as he is to an incumbent president in the polls is a powerful testament to the failure of our current leader, not shrewd tactics from Romney’s campaign team.  By every measure, Obama’s policies have been an unmitigated disaster to the United States.  Until this past month, Obama could claim to have some solid footing on foreign policy, but now even that...
  • Don't Try This at Home

    10/02/2012 4:16:01 PM PDT · by Noremac · 2 replies
    Blasted ^ | 10/2/2012 | Richard Cameron
    Hillary Clinton is a free market capitalist. Now, I know what you’re thinking. “Hillary Clinton is a free market capitalist? What??? On what planet? Have you lost you’re mind?” I’ve not lost my mind and Hillary Clinton is a free market capitalist on this planet. Just not in America. Hillary has decided that reducing regulation and taxation of small businesses is a favorable and worthwhile goal… In Libya, Egypt and Tunisia. Yes, Hillary Clinton is tacitly repudiating the Obama Administration’s mode of governance in favor of pro-private sector growth initiatives. Still don’t believe me? Here it is direct from her...
  • US Debt Soars To $16,159,487,013,300.35, +$93 Billion; Or How To Kick Off Fiscal 2013 With A Bang

    10/02/2012 3:50:41 PM PDT · by RobertClark · 2 replies
    ZeroHedge ^ | 10/2/12 | Tyler Durden
    September 30 was the last day of Fiscal 2012 for the US which explains why despite the barrage of debt issuance in the past month, the year closed with total debt of just $16.066 trillion, a modest increase of just $50 billion in the month. Luckily, moments ago we got the first DTS of the new fiscal year, which eliminated any residual confusion we had. As of the first day of FY 2013, total US debt soared by $93 billion overnight, and is now a record $16,159,487,013,300.35. One can see why Tim Geithner wants to push all the debt under...
  • Bumbling Obama's Freudian Slip: "I Want To Export More Jobs" - Like GM Does 2 China?

    10/02/2012 2:42:15 PM PDT · by raptor22 · 4 replies
    Industrial Policy: The president's media apologists will say it was not a gaffe, that he merely misspoke and corrected himself. But the fact remains that his policies are exporting jobs, particularly to China. President Obama, during a campaign speech at Kent State University in Ohio on Wednesday, mistakenly said he wanted to export more U.S. jobs before correcting himself and saying he was "channeling" Republican rival Mitt Romney. Or was it a mistake? To his media supporters, it's no gaffe. Their dictionary defines gaffe as anything that comes out of Romney's mouth. Certainly not the mouth of Joe Biden, who...
  • Chevy Volt Leases Costing Taxpayers $10 per Gallon of Gas Saved

    10/02/2012 12:49:55 PM PDT · by jazusamo · 19 replies
    National Legal & Policy Center ^ | October 2, 2012 | Mark Modica
    General Motors reported that it sold 2,851 Chevy Volts in September. The number is sure to be touted as a great success, even though the annualized rate of sale is still well below initial sales goals for the vehicle and no where near what conventionally-powered, mainstream cars sell. What is sure to be less publicized by the media is that the majority of the Volt "sales" were heavily subsidized leases that are costing taxpayers millions of dollars. GM spokesman, Jim Cain, told me that a full two thirds of Volt sales were leases. Backing out leases and fleet sales, about...
  • Buying Ammo at Dick's Sporting Goods

    10/02/2012 12:37:39 PM PDT · by pabianice · 50 replies
    Vanity | 10/2/12
    Today I went shopping at BJs and then visited a newly opened Dick's Sporting Goods store in the same mall. Big store, but the shooting cubicle is hidden in the back of the store between fishing stuff and camping equipment. Had to search. They had a fair stock of long guns -- no evil handguns, of course. I asked to see the prices on .22 LR and was pleased to find that they carry the Remington .22 LR copper-covered rounds in the 525 round box for $10.98. The rest of the .22 ammo was expensive, however: 100 rounds for $21.95....
  • Buyers, Sellers of ‘Murderabilia’ Have No Shame

    10/02/2012 11:08:16 AM PDT · by CHRISTIAN DIARIST · 34 replies
    The Christian Diarist ^ | October 2, 2012 | JP
    During their three-year crime spree, the infamous young couple murdered nine police officers and at least as many civilians. The pair finally got what was coming to them on a dusty road in Louisiana, where a six-man posse ambushed them and shot them dead. Frank Hamer, the Texas Ranger who led the posse, was rewarded for his service by being allowed to take anything the outlaws had in their possession at the time of their deaths. So he took the Colt .45 semi-automatic pistol the 25-year-old male had in his waistband and the .38 Special the 23-year-old female concealed under...
  • From Currency Debasement To Social Collapse: 4 Case Studies

    10/02/2012 9:02:45 AM PDT · by SeekAndFind · 5 replies
    Zero Hedge ^ | 10/02/2012 | Tyler Durden
    At its most fundamental level, SocGen's Dylan Grice notes that economic activity is no more than an exchange between strangers. It depends, therefore, on a degree of trust between strangers. Since money is the agent of exchange, it is the agent of trust. Debasing money therefore debases trust. Grice emphasizes that history is replete with Great Disorders in which social cohesion has been undermined by currency debasements. The multi-decade credit inflation can now be seen to have had similarly corrosive effects. Yet central banks continue down the same route. The writing is on the wall. Further debasement of money...
  • Bill Gross: The US Is A Debt Meth Addict -"The Damage Will Be Beyond Repair"

    10/02/2012 8:58:50 AM PDT · by SeekAndFind · 10 replies
    Zero Hedge ^ | 10/02/2012 | Tyler Durden
    The highlights from Bill Gross' latest monthly piece: Armageddon is not around the corner. I don’t believe in the imminent demise of the U.S. economy and its financial markets. But I’m afraid for them.The U.S. is no “clean dirty shirt.” The U.S., in fact, is a serial offender, an addict whose habit extends beyond weed or cocaine and who frequently pleasures itself with budgetary crystal meth. Uncle Sam’s habit, say these respected agencies, will be a hard (and dangerous) one to break.What the updated IMF, CBO and BIS “Ring” concludes is that the U.S. balance sheet, its deficit (y-axis)...
  • Advancing Internet Freedom and Intellectual Property Rights Not a Zero Sum Game

    10/02/2012 8:55:34 AM PDT · by 92nina · 1 replies
    Digital Liberty ^ | 2012-10-02 | Laurel Kays
    Internet freedom and intellectual property rights are often considered to be in conflict with each other, with a win for one cause generally seen as a loss for the other. However the newly formed Internet Association, a lobbying group whose powerful members include Google, Facebook, and Amazon, seems to differ with this notion. Michael Beckerman, the President of the group, who advocate for the protection of internet freedom and promotion of experiment and innovation, gave an interview two weeks ago in which he noted that, “I would say that no-one has done more to protect intellectual property than these Internet...
  • A short review of the book Unintended Consequences

    10/02/2012 5:21:41 AM PDT · by marktwain · 22 replies ^ | 1 October, 2012 | Thomas The Tinker
    A short review of the book “Unintended Consequences” by John Ross, c/r. 1995 Accurate Press. 861 pages. ( Note: This posting is in no way in fact, inferred, or implied to be a submission in MD’s contest! ) This tome came with a dust cover depicting a swat clad fella man… handeling Lady Liberty… the poor lady was in the midst of a wordrobe malfuncition. Rather tacky dust ‘cover’ on this book. But I would be the last to judge a book by… a tacky dust cover, so I threw it out and took a dive into this one. What...