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Business/Economy (News/Activism)

Brevity: Headers | « Text »
  • Inflation deniers emboldened by gold's struggles

    07/28/2015 9:08:00 PM PDT · by BenLurkin · 2 replies
    resourceinvestor.com ^ | July 28, 2015 | Clint Siegner
    The deflationists argue that hugely accommodative monetary policy in the U.S., Japan (and nearly everywhere else in the world) has failed to produce real growth. Debt and obligations to social programs such as Medicare and pensions are so massive they can’t be paid. Therefore, according to deflation forecasters, they won’t be. Their predictions of default and accompanying bank failures, bankruptcies, and surging unemployment were bolstered by recent news out of Greece. Falling commodity prices and economic malaise have reemerged. They claim zero interest rate policy and quantitative easing merely delayed the inevitable for a bit. The inflation camp shares the...
  • Chinese buyers feed new energy into Texas real estate

    07/28/2015 7:44:00 PM PDT · by TigerLikesRooster · 5 replies
    CNBC ^ | 2015/07/28 | Diana Olick
    Chinese buyers feed new energy into Texas real estate "Investors in Chinese equity markets will flee to safe assets, and few assets offer the combination of relatively modest risk and high returns as U.S. real estate," says a researcher at Zillow. Diana Olick | @DianaOlick With investors nervously watching the Shanghai stock market, Chinese are the now biggest foreign buyers of American real estate, and they are setting their sights on the biggest state in the Lower 48. Texas is seeing a huge influx of Chinese buyers, both investors and owner occupants, thanks to more affordable housing. And recent turbulence...
  • Geraldo Rivera Frets Planned Parenthood Scandal ‘Might Put an End’ to ‘Garbage’ Used to ‘Be the...

    07/28/2015 6:46:55 PM PDT · by markomalley · 55 replies
    Newsbusters ^ | 7/28/15 | Curtis Houck
    On Tuesday’s edition of The Five on the Fox News Channel (FNC), liberal panelist Geraldo Rivera defended Planned Parenthood in wake of the video scandal concerning body parts from aborted babies, fretting that it “might put an end to the harvesting of what would be garbage” that “may” help contribute to a “cure for cancer” or “heart disease.” Moments after co-host Greg Gutfeld opened the segment with a commentary on the disturbing scandal, Rivera wondered to co-host Eric Bolling if he “fear[ed]...that the scandal, the justifiable scandal over the callousness of the people portrayed in this video might put an...
  • It’s On: Rep. Mark Meadows Makes Move To Unseat Boehner As Speaker Immediately

    07/28/2015 4:17:12 PM PDT · by Hojczyk · 67 replies
    Big Government ^ | July 28 2015 | by MATTHEW BOYLE
    Rep. Mark Meadows (R-NC)96% has filed a motion aimed at unseating Boehner immediately as Speaker of the House. “Rep. Mark Meadows (R-N.C.) has filed a motion to try to force Speaker John Boehner from his leadership post,” Politico wrote in a breaking news alert. “The move, called a motion to vacate the chair, represents a new level of opposition to GOP leadership from the conservative wing of the House Republican Conference. The motion can be postponed for several days before consideration.” It’s unclear if this will be successful, but over the past few years there have been two major coup...
  • HHS boss won't probe Planned Parenthood -- or even watch videos

    07/28/2015 5:36:57 PM PDT · by markomalley · 16 replies
    Washington Examiner ^ | 7/28/15 | Paul Bedard
    The week-long outcry over secretly-taped videos revealing Planned Parenthood's practice of selling body parts of aborted fetuses won't be investigated by the federal agency that provided $67.2 million between 2010 and 2012 -- or even watched by the department's boss.The House Education and the Workforce Committee Tuesday released videos of testimony from Health and Human Services Secretary Sylvia Burwell explaining why she won't probe the Planned Parenthood affair. It included this back and forth:(video at link)Rep. Phil Roe (R-Tenn.): Have you seen those videos?Burwell: I have not seen the videos. I have read the articles about them.Also:Rep. Rick Allen (R-GA):...
  • Poll: 63 percent oppose defunding Planned Parenthood [CAUTION: DEM POLLSTER]

    07/28/2015 5:14:31 PM PDT · by markomalley · 30 replies
    The Hill ^ | 7/28/15 | Peter Sullivan
    Sixty-three percent of registered voters oppose cutting off federal funds to Planned Parenthood, according to a new poll commissioned by the organization. The poll, conducted by the Democratic firm Hart Research Associates, finds that along with 63 percent of voters overall who oppose defunding Planned Parenthood, 68 percent of independents also oppose the move. The poll finds that a “bare majority” of 53 percent of Republicans favor defunding, while 34 percent oppose the move. The survey finds that voters are more likely to vote for a candidate who supports funding Planned Parenthood over one calling to end funding, by a...
  • Planned Parenthood PAC Seeks Thank You Notes for Doctors' ‘Courage and Compassion’

    07/28/2015 4:50:38 PM PDT · by Morgana · 10 replies
    cnsnews.com ^ | July 28, 2015 | Penny Starr
    Planned Parenthood Federation of America’s Political Action Committee posted two requests on its Facebook page for supporters to sign “thank you” notes for doctors and other staff employed at its abortion clinics. The nation’s largest abortion provider posted a request for visitors to express thanks for the organization’s staff at its clinics, which performed 327,653 abortions in one year, according to its most recent annual report. “If you appreciate the dedication, courage, and compassion of Planned Parenthood health center staff, sign and share this card to let them know! “We are so grateful for the Planned Parenthood nurses and doctors...
  • [PA] The Timing Of Dem Governor’s Big Planned Parenthood Review ‘Raises Questions’

    07/28/2015 4:46:27 PM PDT · by markomalley
    Daily Caller ^ | 7/28/15 | Connor D. Wolf
    With Democratic Pennsylvania Gov. Tom Wolf launching a review of Planned Parenthood, his own past and a recent cabinet appointment has put doubt on the integrity of the investigation.Wolf had begun taking steps to review the clinics as a result of undercover videos showing Planned Parenthood officials discussing fetal organ harvesting and distribution, The Associated Press reported Friday. Just the day prior to Wolf’s announcement, he appointed a former Planned Parenthood executive as his chief of staff. To Michael Greer, president of the Pennsylvania Family Institute, the timing is troubling.“It raises questions of the integrity of the investigation,” Greer told...
  • Fourth Planned Parenthood video could drop at Texas Senate hearing

    07/28/2015 4:40:36 PM PDT · by markomalley · 12 replies
    Hot Air ^ | 7/28/15 | Taylor Millard
    Fresh off the heels of the Center for Medical Progress releasing video of a former Planned Parenthood worker discussing organ harvesting is the possibly of a fourth video. This time it won’t be on the Internet, it will be in a Texas Senate committee. A spokesperson for Senator Charles Schwertner told The Texas Tribune state Attorney General investigators were the ones who were given the video. [[ Committee members and staffers are ]] currently reviewing the video and gathering all the relevant facts. The AG’s office isn’t saying where they got it, but Planned Parenthood’s Houston-area clinic thinks it was...
  • Troy Newman Responds to Cecile Richards’ Vituperative Attacks

    07/28/2015 4:23:59 PM PDT · by Morgana · 2 replies
    operationrescue.org ^ | July 27, 2015 | Operation Rescue
    Wichita, KS – On Sunday, Cecile Richards, CEO of Planned Parenthood appeared on ABC News where she was interviewed by George Stephanopoulos. Rather than answering the questions Mr. Stephanopoulos asked, Richards attempted to deflect by making false statements against those behind the videos that were recently released by the Center for Medical Progress. While Richards did not mention any names, she obviously was referring to Troy Newman, who is one of three members of the CMP Board of Directors. Richards said: The folks behind this, in fact, are part of the most militant wing of the anti-abortion movement that has...
  • The moral terrorism of Planned Parenthood

    07/28/2015 4:21:13 PM PDT · by Morgana · 7 replies
    washingtontimes.com ^ | July 27, 2015 | Tammy Bruce
    Like many of you, when I first heard the undercover video of a Planned Parenthood official discussing in a detached and macabre manner the selling of aborted baby parts, I was physically sickened. Regardless of whether you identify as pro-life or pro-choice, the impact of the ghoulish and craven nature of the negotiation for body parts is profoundly disturbing. Yet there are liberal individuals and institutions, like Nancy Pelosi, Hillary Clinton, the White House and The New York Times, methodically defending Planned Parenthood, making very sure whatever is left of their critical minds doesn’t disturb them with a reminder of...
  • The New Planned Parenthood Sting Video Is the Worst One Yet [picking over body parts]

    07/28/2015 4:01:11 PM PDT · by markomalley · 44 replies
    PJ Media ^ | 7/28/15 | Debra Heine
    The latest sting video from the “Human Capital” documentary web series produced by the Center for Medical Progress is the most disturbing one yet. The horrific footage includes technicians picking over aborted baby parts, and is being described by horrified viewers on Twitter as “Godless,” “evil,” and “demonic.” The video also includes new admissions from Planned Parenthood leadership about the illicit pricing structure.One technician featured in the video fainted on the job on her first day — a reaction apparently not uncommon for people in the industry. <-- PJM_300_by_250_middle --> Holly O’Donnell, a licensed phlebotomist, didn’t realize what she was...
  • Cruz: Planned Parenthood a 'criminal enterprise'

    07/28/2015 3:57:41 PM PDT · by markomalley · 37 replies
    Washington Examiner ^ | 7/28/15 | Ariel Cohen
    Republican presidential candidates Ted Cruz and Ben Carson led conservatives in a rally against Planned Parenthood Tuesday, following the publication of three videos detailing the organization's sale of organs harvested from aborted fetuses. "Today the U.S. Department of Justice should open a criminal investigation into whether Planned Parenthood nationally is a criminal enterprise breaking the law," Cruz said on the lawn on the Capitol. But the Texas senator was skeptical this would happen, adding "the Obama Justice Department in acting as little more than a partisan arm of the Democratic National Committee." Cruz is backing Sen. Mike Lee's, R-Utah, attempt...
  • Here's what the US would look like if all the Earth's ice melted

    07/28/2015 3:51:27 PM PDT · by rktman · 75 replies
    businessinsider.com ^ | 7/25/2015 | unknown
    If all the Earth's land ice melted, sea levels would rise over 200 feet. So what would that mean for the United States' coastlines?
  • Intel, Micron unveil memory chip 1,000 times faster than Flash

    07/28/2015 2:40:21 PM PDT · by aimhigh · 25 replies
    Oregonian ^ | 07/28/2015 | Mike Rogoway
    Chipmakers Intel and Micron said Tuesday they've created a hyperfast memory chip, up to 1,000 times faster than standard NAND Flash memory. Intel and Micron say they've been working more than a decade on their new, "3D XPoint" chip, which is based on a new, three-dimensional structure and a different set of materials than standard memory chips. The new chip doesn't use transistors, which are the standard on/off switches in microprocessors and nearly every other category of computer chip.
  • Keith Richards Still Smokes A Joint 'Regularly' In Morning

    07/28/2015 2:20:35 PM PDT · by Mariner · 97 replies
    The Huffington Post ^ | July 28th, 2015 | Ron Dicker
    Rolling Stones guitarist Keith Richards, 71, still likes to wake and bake. But he's fussy about where the weed comes from. "I smoke regularly, an early morning joint. Strictly Californian," The Independent reports the musician told Mojo magazine for its September issue. Richards, who is currently promoting his solo album "Crosseyed Heart," also remarked on the spread of marijuana legalization in the United States. "One of the most pleasant things to watch is a map of America where it goes, green ... green ... green ... green," The Independent reports he said. "Whether it’s a good thing in the long...
  • PP Tries To Silence Undercover Videos By Sending Threatening Letters To TV Stations

    07/28/2015 2:12:43 PM PDT · by NYer · 9 replies
    Truth Revolt ^ | July 28, 2015 | Caleb Howe
    On Tuesday the third undercover video of Planned Parenthood's despicable practices was released by the Center for Medical Progress, but as the blog Jammie Wearing Fools highlights, some people may not see it if PP gets its way: Planned Parenthood of Minnesota, North Dakota and South Dakota warned news outlets today that airing undercover videos from the Center for Medical Progress could violate “patient privacy.” Planned Parenthood says the videos violate laws however no wrong doing by the Center for Medical Progress has been proven. "The material should not be aired," states a press release sent out to the stations. This absurdly transparent...
  • Local Governments Are The Source Of Housing Inequality

    07/28/2015 1:26:12 PM PDT · by george76 · 22 replies
    The Federalist ^ | JULY 27, 2015 | Chuck DeVore
    Wealth inequality? Blame local government, whose meddling in property rights causes artificial scarcity in housing. ... Matthew Rognlie, a Massachusetts Institute of Technology doctoral student in economics .. makes an interesting insight; housing prices are going up because of artificial scarcity caused by land-use regulation. Put another way, the concentration of wealth is not an issue of the “1 percent” winning while the rest of us lose—it’s an issue of homeowners benefitting from government restrictions on property rights that prevent a free market in homebuilding, restricting supply and driving up prices. ... If Rognlie is correct (and the data suggests...
  • “White Privilege:” Nonsense to hard-working immigrants

    07/28/2015 12:55:22 PM PDT · by 2ndDivisionVet · 16 replies
    Communities Digital News ^ | July 25, 2015 | Allan C. Brownfeld
    Looking at our complex history and recognizing only its shortcoming some to believe that "white privilege" is, somehow, an explanation for a reality that is multi-faceted. “White privilege” is a term that has emerged as an energized and very youthful, civil rights movement has sought to focus attention upon what it perceives as widespread racism in American society. There is a very aggressive policing of language now under way. Former Maryland Gov. Martin O’Malley was interrupted by protestors when the 2016 Democratic presidential candidate said “all lives matter” at the Netroots Nation conference in Phoenix in mid-July. Several dozen demonstrators...
  • Donald Trump wants to be the 'jobs president.' But how?

    07/28/2015 10:16:49 AM PDT · by Mariner · 28 replies
    CNN ^ | July 28th, 2015 | By Heather Long
    Donald Trump is the Republican to beat in the polls, yet most Americans don't know where he stands on the key economic issues. Visiting Trump's official campaign website isn't much help. It vows to "Make America Great Again!" but it doesn't say how. Lately, his campaign speeches have focused on immigration reform -- "Take the bad ones and get them the hell out." -- and bashing Washington's lobbying culture -- "I'm not using the lobbyists. I'm not using donors. I don't care. I'm really rich." But the economy is still the top election issue by far -- 44% of Americans...
  • Trump says that under Walker, Wis budget went from projected surplus to a deficit [mostly false]

    07/28/2015 10:09:15 AM PDT · by Cincinatus' Wife · 56 replies
    Milwaukee Journal Sentinel Politifact ^ | July 28, 2015 | Tom Kertscher
    On July 25, 2015, the day after news that a Scott Walker ally had called him a "dumb-dumb,"Donald Trump delighted in dumping on the Wisconsin governor during a campaign speech in Iowa."I read this horrible statement from his fundraiser about Trump. I said, ‘Oh, finally,I can attack,’ "the New York businessman said to laughter in Oskaloosa. "Finally, finally."Trump--second to Walker among Republican presidential contenders in an Iowa poll earlier in the week--criticized him on several fronts. Then he made a claim about the fortunes of Wisconsin’s finances."Wisconsin’s doing terribly. First of all, it’s in turmoil,"Trump said. "The roads are a...
  • She Worked With Planned Parenthood to Sell Aborted Babies, Now She’s Exposing Them

    07/28/2015 9:37:11 AM PDT · by NYer · 28 replies
    Life News ^ | July 28, 2015 | STEVEN ERTELT
    Holly O’Donnell is now pro-life and is now telling the truth about how Planned Parenthood sells aborted babies. But it wasn’t always that way.In a new undercover video — the third to catch Planned Parenthood doctors selling the body parts of aborted babies — O’Donell talks about the sick ways in which the nation’s biggest abortion business exploits unborn children even after killing them in abortions.O’Donnell, a licensed phlebotomist, unsuspectingly took a job as a “procurement technician” at the fetal tissue company and biotech start-up StemExpress in late 2012. That’s the company that acts as a middleman and purchases the...
  • This is the Device Planned Parenthood is Using to Get Body Parts From Aborted Babies to Sell

    07/28/2015 9:10:51 AM PDT · by NYer · 31 replies
    Life News ^ | July 27, 2015 | JONATHAN ABBAMONTE
    A second video alleging Planned Parenthood’s gruesome selling of fetal body parts surfaced last week. And once again we find a senior executive of the organization, Dr. Mary Gatter, willing to put women’s lives at risk in order to make more money for the organization and for themselves.As Gatter explains, “I wouldn’t object to asking Ian, who’s our surgeon who does the cases, to use an Ipas [manual vacuum aspirator] at that gestational age in order to increase the odds that he’s going to get an intact specimen.”“Intact specimens”, you see, are worth more money. And Planned Parenthood gets...
  • Hillary Clinton: I’ll Take A Stand On Keystone When I’m President

    07/28/2015 8:57:28 AM PDT · by SeekAndFind · 54 replies
    National Journal ^ | 07/28/2015 | BY CLARE FORAN
    Hillary Clinton wants to wait until she wins the White House before taking a stand on the controversial Keystone XL pipeline. At a town hall in New Hampshire on Tuesday, Clinton responded to a question from the audience asking if she would sign a bill approving the pipeline by saying that she would not "second guess" President Obama's decision. Should the issue still be alive in January 2017, however, then Clinton will say what her position is. "If it's undecided when I become president, I will answer your question," Clinton said. That answer is sure to rile environmentalists who have...
  • Homeownership rate drops to 63.4%, lowest since 1967

    07/28/2015 8:29:55 AM PDT · by John W · 28 replies
    cnbc.com ^ | July 28, 2015 | Diana Olick
    The U.S. homeownership rate fell to 63.4 percent in the second quarter of 2015, according to the U.S. Census. That is down from 63.7 percent in the first quarter and from 64.7 percent in the same quarter of 2014. It marks the lowest homeownership rate since 1967. "It is now just five-tenths from the record low seen in 1965 in data going back also to 1965," noted Peter Boockvar, an analyst with The Lindsey Group. "All the governmental attempts (certainly aided and abetted by many players in the private sector) at boosting homeownership has gotten us to this point in...
  • Iran says will hold ‘high-level talks’ with EU

    07/28/2015 7:54:02 AM PDT · by Olog-hai · 5 replies
    Associated Press ^ | Jul. 28, 2015 9:45 AM EDT
    Iran’s foreign minister says “high-level” talks will soon be launched with the European Union following a nuclear agreement reached with world powers earlier this month. Mohammad Javad Zarif said Tuesday that the talks “in the near future” will focus on energy, environmental and human rights issues, as well as “extremism, terrorism and sectarianism” in the Middle East. …
  • Organ Procurement Specialist Reveals Profit, Horror Behind Planned Parenthood’s Body Parts Trade

    07/28/2015 7:27:04 AM PDT · by Morgana · 19 replies
    operationrescue.org ^ | July 28, 2015 | operation rescue
    Washington, DC — Today, the Center for Medical Progress released a third video exposing Planned Parenthood’s participation in the illegal trafficking of fetal body parts for profit. This video goes in depth with Holly O’Donnell, a licensed phlebotomist who worked six months for the organ procurement company Stem Express, LLC. At Planned Parenthood, O’Donnell describes her duties that included harvesting and processing the remains of aborted babies at Planned Parenthood. O’Donnell explains how Planned Parenthood profited from their relationship with Stem Express, “For whatever we could procure, they would get a certain percentage. The main nurse was always trying to...
  • Bloomberg: Donald Trump is overstating his wealth by more than $7 billion

    07/28/2015 7:20:44 AM PDT · by SeekAndFind · 52 replies
    Business Insider ^ | 07/28/2015 | Colin Campbell
    Real-estate magnate Donald Trump frequently touts his wealth on the presidential campaign trail. But a new report essentially accuses the GOP candidate of overstating his net worth by billions of dollars.Bloomberg reporters Caleb Melby and Richard Rubin, citing an analysis by the Bloomberg Billionaires Index, reported Thursday that Trump was actually worth about $2.9 billion.That's more than $7 billion less than Trump has said.In a statement earlier this month, Trump's campaign wrote that the real-estate developer and television personality has seen his net worth rocket upward even in just the past year."Real-estate values in New York City, San Francisco, Miami,...
  • Cilantro from Mexico suspected in intestinal parasite outbreak

    07/28/2015 6:39:42 AM PDT · by Red Badger · 21 replies
    www.kcbd.com ^ | Updated: Jul 27, 2015 6:03 PM CST | By KCBD Staff
    LUBBOCK, TX (KCBD) - An intestinal parasite outbreak that has been causing illness all across the state of Texas may have been caused by cilantro from the Puebla area of Mexico. The Texas Department of State Health Services has received reports of 205 cases caused by the parasite Cyclospora, including one here in Lubbock. An import alert from the FDA says, "The Centers for Disease Control and Prevention (CDC) and state public health officials have identified annually recurring outbreaks (in 2012, 2013, and 2014) of cyclosporiasis in the United States which have been associated with fresh cilantro from the state...
  • 3rd Shock Video Catches Planned Parenthood VP Selling Body Parts of Aborted Babies

    07/28/2015 6:11:34 AM PDT · by NYer · 74 replies
    Life News ^ | July 28, 2015 | STEVEN ERTELT
    After two shocking videos caught Planned Parenthood doctors discussing and arranging the sale of body parts of aborted babies, a third video has been released today catching a Planned Parenthood vice president negotiating the sale of aborted babies and attempting to get as much money as possible from the deal.As LifeNews reported, the first video of undercover footage shows Planned Parenthood Federation of AmericaÂ’s Senior Director of Medical Services, Dr. Deborah Nucatola, describing how Planned Parenthood sells the body parts of aborted unborn children and admitting she uses partial-birth abortions to supply intact body parts.In the second video, Planned Parenthood...
  • Russian ruble drops to past 60 per dollar

    07/28/2015 5:45:35 AM PDT · by TigerLikesRooster · 15 replies
    AFP ^ | 2015/07/28
    Russian ruble drops to past 60 per dollar Moscow (AFP) - The Russian ruble on Tuesday plummeted past 60 against the dollar for the first time since March on falling oil prices, complicating the central bank's efforts to jump-start the battered economy. The ruble reached 60.30 per dollar in early afternoon trading in Moscow after having lost two percent of its value on Monday. The new weakening of the ruble, which comes after the embattled currency bounced back somewhat in recent months, is expected to further erode consumption and fuel inflation, which stood at 15.3 percent last month. "Inflation is...
  • Hillary Clinton's Clean Energy Plan Is A Farce

    07/28/2015 5:15:36 AM PDT · by IBD editorial writer · 9 replies
    Investor's Business Daily ^ | 07/27/2015 | Staff
    Power: In her latest campaign video on renewable energy, Hillary Clinton mocks Republican candidates for not facing the "reality" of global warming and the need to fight it. But it's her own energy plan that defies reality.
  • Hillary Clinton: Profit sharing is a win-win

    07/28/2015 5:02:05 AM PDT · by Sir Napsalot · 19 replies
    Boston Globe Opinions ^ | 7-28-2015 | Hillary Clinton
    .... Research out of MIT has shown that well-paid and well-trained employees tend to work more efficiently, stay on the job longer, and provide better customer service. So investing in employees is not just the right thing to do — it’s smart economics. .... And, as we saw when Demoulas was temporarily ousted as Market Basket CEO, profit sharing can build real loyalty as well. When a company does well, employees deserve to share in the success. And if profit sharing can be such a win-win, what can we do to encourage more companies to adopt similar programs and share...
  • Florida leads nation in property at risk from climate change [Dying Paper Channels Al Gore]

    07/28/2015 4:39:08 AM PDT · by SoFloFreeper · 16 replies
    Miami Herald ^ | 7/28/15 | JENNY STALETOVICH
    Florida has more private property at risk from flooding linked to climate change than any other state, an amount that could double in the next four decades, according to a new report by the Risky Business Project. By 2030, $69 billion in coastal property in Florida could flood at high tide that is not at risk today, the report found.
  • Message Of China's Meltdown: The Growth Miracle Is Over

    07/28/2015 4:06:14 AM PDT · by expat_panama · 38 replies
    Investors Busniness Daily ^ | 07/27/2015 | IBD Editorial
    Markets: China's stock market retreat has turned into a panic and, despite massive intervention, its government is helpless. Fact is, after a long period of super economic growth, China is downshifting to a much lower speed. China's benchmark Shanghai Composite plunged 8.5%, the biggest daily loss since 2007. Of course, the market is largely retracing its extraordinary 150% surge over the last year or so. Still, since their June peak, Chinese stocks have plunged 28%, or roughly $1.9 trillion. Reuters calculates that the government of Xi Jinping has spent close to $800 billion — or nearly 10% of China's total...
  • New Bill Would Guarantee Secret Ballot For Workers [Would also require unions to be recertified]

    07/28/2015 3:12:20 AM PDT · by markomalley · 3 replies
    Washington Free Beacon ^ | 7/28/15 | Bill McMorris
    Republicans are pushing for legislation that could fundamentally shift American labor law away from hereditary and coercive unionism.On Monday, GOP lawmakers in the house and Senate introduced the Employee Rights Act, a bill that would guarantee secret ballot union elections. It also allows workers to hold regular re-certification to see whether unions still enjoy support from members, a stark change from the status quo in which unions inherit members unless employees successfully follow onerous decertification procedures.Rep. Tom Price (R., Ga.) introduced the legislation in Congress with the hope that it will return the focus of labor law to individual workers,...
  • Press Mostly Fails to Report Union Exemptions in Some Minimum-Wage Laws

    07/28/2015 3:05:41 AM PDT · by markomalley · 2 replies
    Newsbusters ^ | 7/27/15 | Tom Blumer
    I guess the slogan of labor has changed from "Look for the union label" to "Look for the union waiver." The Los Angeles Times published a long front-page story early this morning on an issue some people thought disappeared after its initial exposure two months ago. The issue is whether union workers should be exempt from minimum wage laws, especially the sky-high minimums being enacted in some U.S. cities. To those who have been unaware of the issue up until now and are thinking that all of this must be a joke — it's not. It's just that the press,...
  • German business morale brightens as Greece jitters ease

    07/28/2015 12:50:40 AM PDT · by Berlin_Freeper · 3 replies
    reuters.com ^ | Jul 27, 2015 | Reuters
    Business confidence in Germany unexpectedly improved in July after two monthly drops as an agreement between Greece and its creditors for talks on a third bailout lifted the mood at firms in Europe's largest economy. The Munich-based Ifo institute said its business climate index, based on a monthly survey of some 7,000 firms, rose to 108.0 from a revised 107.5 in June. That beat the Reuters consensus for a drop to 107.2 and sent the euro up to a two-week high against the dollar.
  • Greece rocked by reports of secret plan to raid banks for drachma return

    07/27/2015 9:38:49 PM PDT · by TigerLikesRooster · 9 replies
    The Guardian ^ | 26 July 2015
    Greece rocked by reports of secret plan to raid banks for drachma return Opposition demands answers after covert proposals attributed to Yanis Varoufakis and fellow ex-minister highlight deep split in Syriza party Staff and agencies Sunday 26 July 2015 19.39 BST Some members of Greece’s leftist-led government wanted to raid central bank reserves and hack taxpayer accounts to prepare a return to the drachma, according to reports that highlighted the chaos in the ruling Syriza party. It is not clear how seriously the government considered the plans, attributed to former energy minister Panagiotis Lafazanis and ex-finance minister Yanis Varoufakis. Lafazanis...
  • China: Shanghai shares open down more than 4% after plunge

    07/27/2015 7:49:37 PM PDT · by TigerLikesRooster · 20 replies
    AFP ^ | 2015/7/27
    Shanghai shares open down more than 4% after plunge AFP – 29 minutes ago China's benchmark Shanghai stock index slumped 4.09 percent at the open on Tuesday, despite a renewed government vow to support the market following the biggest fall in eight years a day earlier. The Shanghai Composite Index plunged 8.48 percent on Monday, the biggest fall since February 27, 2007, despite a broad-based government effort to shore up prices following a weeks-long rout. The benchmark narrowed some of the losses in morning trade Tuesday and was down 2.12 percent, or 78.88 points, to 3,646.68 later. The Shenzhen Composite...
  • American Beverage Association Sues San Francisco Over Soda Health Warning Legislation

    07/27/2015 7:43:20 PM PDT · by nickcarraway · 3 replies
    NBC Bay Area ^ | Monday, Jul 27, 2015 | Tamara Palmer
    San Francisco's new legislation requiring sodas to carry health warning labels is being challenged in court by the American Beverage Association. The ABA, joined by the California State Outdoor Advertising Association and California Retailers Association, filed a lawsuit against the city on Friday, arguing that the legislation, which also would ban sugary-drink ads on city property, is a First Amendment violation, reported SFGate. According to Convenience Store and Fuel News, the lawsuit in part alleges that the ban, "discriminates against speech based on the identity of the speaker, in violation of the First Amendment, by expressly prohibiting speech that includes...
  • Bush lays out his immigration plan in Spanish (Pay a small fine...)

    07/27/2015 6:04:40 PM PDT · by jimbo123 · 18 replies
    CNN KCCI ^ | 7/27/15 | Daniella Diaz
    Jeb Bush told Telemundo he wants a pathway to legal status for all 11 million undocumented immigrants in the United States. The former Florida governor granted his first Spanish-language interview as a presidential candidate to Telemundo Monday evening. In the interview, he talked about his immigration policies, his thoughts on Donald Trump and Cuba, and his home life and family. "First, coming here legally has to be easier than coming here illegally," he said. "So there needs to be an agreement with the border ... for the 11 million people (who are here illegally), they must come out of the...
  • Tax cuts to encourage emigrants to return says Prime Minister (of Ireland)

    07/27/2015 6:11:27 PM PDT · by Olog-hai · 2 replies
    Irish Central ^ | July 25, 2015 04:02 AM | (Irish Central Staff Writers)
    Irish Prime Minister Enda Kenny said he aims to reduce taxes to encourage the return of emigrants. Speaking at the MacGill Summer school on Friday, where several dozen anti-water charge protesters gathered ahead of his address, the Taoiseach said the tax rate was “too high a rate and kicks in too early.” Kenny said he plans to cut the 7 percent rate of Universal Social Charge in the forthcoming budget, the Irish Times reports. “In doing so, we will bring down the marginal rate of tax paid by people earning less than €70,000 to less than 50 percent.” …
  • [Red] China’s Market-Intervention Folly

    07/27/2015 5:36:52 PM PDT · by BenLurkin · 2 replies
    Wall Street Journal ^ | Burton G. Malkiel
    The biggest drop in Chinese stocks in eight years Monday is another sign that Beijing’s efforts to prop up prices have failed. Moreover, the interventions themselves have made China’s equity markets more volatile and damaged their credibility in the long run. To stabilize stock prices, Beijing has employed numerous techniques, including suspending trading for a time on well over half of listed A-shares. Short sales were banned, and major shareholders were prohibited from selling. New initial public offerings were disallowed. China needs more professional participants in its equities markets. But why should institutions buy when the government can control if...
  • ATF: Gun Production Up ‘140 Percent’ During Obama Presidency

    07/27/2015 5:19:25 PM PDT · by ButThreeLeftsDo · 34 replies
    Breitbart.com ^ | 7/27/15 | AWR Hawkins
    The Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) is reporting that gun production has more than doubled during the Obama presidency, increasing “140 percent.” This jump is based on 2013 production numbers, which is the most recent year where complete numbers are available. According to The Hill, the gun industry manufactured approximately “4.5 million firearms” the year before Obama entered office. In 2013 the number manufactured was “13.8 million.”
  • Peter Schiff on the Fed, Rand Paul, and the Next Financial Crisis

    07/27/2015 3:18:57 PM PDT · by Lorianne · 11 replies
    Reason ^ | 20 July 2015 | Matt Welch & Joshua Swain
    "The bubbles are pretty much everywhere," says investment guru and radio host Peter Schiff, CEO of Euro Pacific Capital. "They are in the stock market, they are in the bond market, they are in the real estate market, they are in the U.S. dollar." Schiff sat down with Reason's Matt Welch while at FreedomFest 2015 to discuss the dollar, his support of Rand Paul, and his argument that we are already living in another stock bubble. Video 12:52
  • The Guardian view on Donald Trump’s early lead in the race for the Republican nomination

    07/27/2015 1:29:11 PM PDT · by 2ndDivisionVet · 26 replies
    The Manchester Guardian ^ | July 27, 2015 | The Editors
    The hot air balloon that is Donald Trump’s campaign for the Republican nomination continues to head for the stratosphere, with one weekend poll showing that he is not only the leading contender but has nearly doubled his support among Republican voters in the past two weeks. It is tempting to say that Mr Trump’s policies are as lacking in substance as his hairdo. That is true in the sense that he seems to have absolutely no idea how he would execute them were he to achieve office. But, aside from that defect, the proposals he has been putting forward either...
  • Feces explosion in Mexican cilantro fields sparks partial import ban

    07/27/2015 1:15:19 PM PDT · by Red Badger · 217 replies
    national.suntimes.com ^ | Posted: 07/27/2015, 12:35pm | By Chad Merda
    There’s more than just cilantro in the growing fields in Mexico, and that’s caused the Food and Drug Administration to institute a partial import ban on it through August. The move comes after health officials found human feces and toilet paper in growing fields, which have been linked to hundreds of intestinal illnesses dating back to 2012. The FDA will focus on product coming from Puebla, and all of it will need to be manually inspected and certified before being allowed into the U.S. Cilantro from other parts of the country will need to have documentation proving it did not...
  • House GOP to Senate: We’re not taking up your highway bill

    07/27/2015 12:35:31 PM PDT · by Cincinatus' Wife · 90 replies
    The Hill ^ | July 27, 2015 | Scott Wong
    The House will not vote on a multi-year Senate highway bill that revives the now-expired Export-Import Bank, House Majority Leader Kevin McCarthy (R-Calif.) said Monday. “We’re not taking up the Senate bill,” McCarthy declared to a roomful of reporters in his office. Instead, McCarthy urged the Senate to take up a short-term House-passed bill which extends federal highway funding for five months, without renewing the Ex-Im Bank charter. He called the House bill the “best option” for Congress before money for highways, bridges and mass transit runs out on Friday. McCarthy’s declaration is a blow not only to the Senate,...
  • EU tries again for compromise on deal to phase out coal aid

    07/27/2015 12:35:21 PM PDT · by Olog-hai · 3 replies
    Reuters ^ | Mon Jul 27, 2015 7:55am EDT | Barbara Lewis
    EU bosses are pushing to resolve a clash between industry and environmental policy with a new strategy to phase out funding to export coal technology to developing nations, ahead of a meeting of leading economic powers on the issue. The European Commission, the EU executive, urges tougher rules on when subsidies, known as coal export credits, can be used in a paper seen by Reuters, ahead of interim talks this week. Political pressure is growing to reach agreement on restricting the coal subsidies before United Nations climate change talks in Paris at the end of the year. But opposition is...