Free Republic 4th Quarter Fundraising Target: $85,000 Receipts & Pledges to-date: $20,730
24%  
Woo hoo!! And the first 24% is in!! Thank you all very much!!

Business/Economy (News/Activism)

Brevity: Headers | « Text »
  • Social Security Benefits to Go up by 1.7 Percent

    10/22/2014 8:18:18 AM PDT · by Brother Cracker · 23 replies
    abcnews ^ | Oct 22, 2014 | STEPHEN OHLEMACHER
    Millions of older Americans who rely on federal benefits will get a 1.7 percent increase in their monthly payments next year, the government announced Wednesday. It's the third year in a row the increase will be less than 2 percent. The annual cost-of-living adjustment, or COLA, affects payments to more than 70 million Social Security recipients, disabled veterans and federal retirees.
  • The Lost Bank: The Story of Washington Mutual-The Biggest Bank Failure in American History

    10/22/2014 7:57:28 AM PDT · by Lorianne · 3 replies
    John Batchelor Show ^ | 12 October 2014 | John Batchelor
    John Batchelor interviews Kristen Grind author of a new book: The Lost Bank: The Story of Washington Mutual-The Biggest Bank Failure in American History Audio podcast, time 39:46
  • WV Coal Mine Company Lays Off 130 Workers

    10/22/2014 7:23:38 AM PDT · by Timber Rattler · 10 replies
    WCHS.com ^ | October 21, 2014 | WCHS.com
    After warning in August that hundreds of miners could lose their jobs, Boone County-based Coal River Energy has laid off 130 mine workers. Coal River Energy spokesman James "Skeets" Loving confirmed the layoffs Tuesday. In August, the company warned that 280 mine workers could be out of jobs. Loving said the company laid off 130 employees on Oct. 11, while keeping 94 workers and finding other work for 56 others. The affected mining areas are located near the border of Boone and Kanawha counties. Some are underground and some are surface mines. The company pointed to poor coal markets and...
  • It's War and Peace, Stupid

    10/22/2014 7:13:54 AM PDT · by Kaslin · 2 replies
    Townhall.com ^ | October 22, 2014 | John Ransom
    If the polls are accurate, the United States can expect a much friendlier government in Kiev after the Ukraine parliamentary elections on October 26th. “Out will go the bodyguards and mistresses,” reports VOA News, “in are likely to come the street activists and war veterans: Ukraine's next parliament will be pro-Western and strongly nationalist, and it won't be to Russia's liking.” But that doesn’t mean much if the Obama administration won’t do anything to help Ukraine helps itself. But there is one compelling reason for pro-Western forces in Kiev to hope for a change of tone from Obama: Just a...
  • North Dakota: $200 million, 20,000-barrel-a-day oil refinery could get green light

    10/22/2014 5:35:18 AM PDT · by TurboZamboni · 6 replies
    Pioneer Press ^ | 10-21-14 | Kevin Bonham
    DEVILS LAKE, N.D. -- A $200 million, 20,000-barrel-a-day clean fuels oil refinery could be operating near Devils Lake within three years. The refinery, similar to one being built in Dickinson, would employ about 100 people and could create as many as 400 spin-off jobs in the area, according to Rachel Lindstrom, executive director of Forward Devils Lake, the region's economic development agency. "It's very exciting for Devils Lake," she said, "a great opportunity." Devils Lake City Commission approved a letter of support for the project this week. The refinery is being proposed by Eagles Ledge Energy Ltd., based in Vancouver,...
  • Richest people in each U.S. state: See who represents Florida

    10/22/2014 5:27:44 AM PDT · by SoFloFreeper · 8 replies
    bizjournals.com ^ | 10/17/14 | Megen Ribbens
    Wealth-X this week released its list of the richest person in each of the 50 states and ranked them by estimated net worth. Micky Arison, chairman of Carnival Corp. — the world's largest cruise line, is the wealthiest individual in Florida with an estimated net worth of $6.5 billion.....
  • Wisconsin's Latest Jobs Upswing Good News (For Gov. Walker)

    10/22/2014 4:49:18 AM PDT · by Diana in Wisconsin · 5 replies
    The Wisconsin Reporter ^ | October 22, 2014 | M.D. Kittle
    MADISON, Wis. — If next month’s gubernatorial election really is all about jobs, then the latest employment figures — released less than three weeks before election day — allow Gov. Scott Walker to answer the criticisms of his opponent and the left at large with a definitive statement: I got your jobs right here. Wisconsin’s private sector added 8,400 jobs last month, according to data from the state Department of Workforce Development and the U.S. Bureau of Labor Statistics. It was a big day for Republican Walker, who has been hit hard by his Democratic opponent Mary Burke for recent...
  • Michigan to Tesla Motors: You're Not Welcome

    10/22/2014 4:31:03 AM PDT · by LogicDesigner · 43 replies
    Forbes ^ | October 21, 2014 | Micheline Maynard
    Michigan’s Republican governor signed legislation on Tuesday that officially bans Tesla Motors and any other carmaker from selling directly to consumers in the state. But Rick Snyder, who is seeking re-election next month, maintained in a letter to lawmakers that the bill simply clarified the state’s existing law and that such direct sales already were not legal in Michigan, home to Detroit’s big auto companies. Now, state law requires that Tesla, or other car companies, must sell vehicles through networks of franchised dealers. If the company doesn’t have its own network, the state requires it to sell vehicles through another...
  • Russia prepares militarization of Arctic

    10/22/2014 2:44:38 AM PDT · by Candor7 · 47 replies
    UPI Top News ^ | Oct. 21, 2014 , 9:21 AM | Ed Adamczyk
    MOSCOW, Oct. 21 (UPI) -- Russia has begun a large-scale militarization of the Arctic Ocean region, with a military command structure planned by 2017. It comes after recent discoveries of oil and natural gas reserves under the ocean floor, and the possibility a potential Northern Sea Route -- an alternative to the Suez Canal -- could soon be established as global climate change causes melting of Arctic ice.
  • Do German unions have too much power?

    10/21/2014 11:07:15 PM PDT · by Olog-hai · 1 replies
    TheLocal.de ^ | 21 Oct 2014 15:29 GMT+02:00 | Sabine Devins
    Germany’s pilots and train drivers are taking it in turns to bring the country to a standstill with strikes that have cost the economy tens of millions of euros in the last two weeks. Are unions abusing their power or standing up for their rights? After a 50-hour strike by the train drivers unions, GDL, Deutsche Bahn said the loss of the weekend’s services cost the company “tens of millions of euros”. One analyst said that the latest strike in escalating industrial action by pilots union Cockpit will cost Lufthansa €30 million. But all parties accuse the other of the...
  • Ebola Debuts on Americans' List of Top U.S. Problems

    10/21/2014 8:58:37 PM PDT · by 2ndDivisionVet · 15 replies
    Gallup ^ | October 21, 2014 | Justin McCarthy
    As the quarantine period ends for people exposed to the first person in the U.S. to be diagnosed with Ebola, the virus for the first time ranks among the top 10 issues Americans consider to be the most important ones facing the country. However, Ebola still ranks behind five other issues, including the economy (17%), dissatisfaction with government (16%) and unemployment (10%), and ties several others.These results come from an Oct. 12-15 Gallup poll, conducted while dozens of people in the U.S. were still being quarantined after coming in contact with Thomas Eric Duncan, who died earlier this month from...
  • Che Cafe at UCSD Must Close, Judge Rules ((Communist Icon Inspired Student Collective Evicted)

    10/21/2014 7:47:23 PM PDT · by DogByte6RER · 28 replies
    Fox 5 San Diego ^ | October 21, 2014 | BOB PONTING,
    Che Cafe at UCSD must close, judge rules SAN DIEGO — The student-run Che Cafe at UC San Diego will have to close its doors after a judge ruled Tuesday in favor of the university in its eviction lawsuit. UCSD filed suit after the student collective refused to vacate the 1940s- era building on campus. University officials said the building needs $700,000 in repairs to stay open. Superior Court Judge Katherine Bacal ruled in favor of UCSD after a bench trial.
  • AIG Bailout Trial Bombshell III: Paulson Lied to Congress About TARP

    10/21/2014 7:01:47 PM PDT · by Lorianne · 38 replies
    Naked Capitalism ^ | 17 October 2014 | Yves Smith
    I’ve gone through only the first day of testimony from the AIG bailout trial, and we are already up to our third bombshell. The first witness called by the plaintiff, Starr International (an investment vehicle controlled by Hank Greenberg), was Scott Alvarez, general counsel for the Federal Reserve Board of Governors. Part of the testimony covered a discussion that took place late in the evening of September 15, the day Lehman declared bankruptcy in the wee hours of the morning. The topic was AIG. The participants included Alvarez, Timothy Geithner, Fed governors Don Kohn and Kevin Warsh, Ken Wilson, a...
  • Ben Bradlee Dies, 93

    10/21/2014 6:20:19 PM PDT · by vis a vis · 44 replies
    DailyMail ^ | 21 Oct 2014 | Pete D'amato
    The former editor of the Washington Post who led the paper's coverage of the Watergate scandal and made the decision to publish the Pentagon Papers is dead at 93. Read more: http://www.dailymail.co.uk/news/article-2802484/ben-bradlee-washington-post-editor-led-coverage-watergate-dies-93.html#ixzz3Gpfgm5Gb Follow us: @MailOnline on Twitter | DailyMail on Facebook
  • Detroit officials bristle at UN visit, scolding over water shut-offs

    10/21/2014 2:06:32 PM PDT · by dware · 67 replies
    Fox News ^ | 10.21.2014 | FoxNews.com
    Detroit officials are fuming after two visiting United Nations lawyers scolded the city for cutting off water to delinquent customers and described the shut-offs as a “human rights” violation.
  • Union demands driving railcar jobs out of California, Japanese firm says

    10/21/2014 9:13:35 AM PDT · by tje · 30 replies
    LA Times ^ | 10/20/2014 | Laura J. Nelson
    Japanese company's much-celebrated plans to build a light-rail manufacturing plant in Palmdale appear all but dead after months of clashes with local labor unions and community groups. Kinkisharyo International of Osaka said it is now looking at factory sites outside California, saying pressure from organized labor has made it difficult to do business in the state. Union officials and activists, however, argue they are simply trying to hold the company to environmental rules it should be following. Kinkisharyo won a $890-million contract to build 175 light-rail cars for the Metropolitan Transportation Authority two years ago.
  • September Existing-Home Sales Hit Fastest Pace Of 2014

    10/21/2014 9:09:09 AM PDT · by ConservingFreedom · 1 replies
    Forbes ^ | 10/21/2014 | Erin Carlyle
    Sales of previously-owned homes rose in September to reach their fastest pace in 2014, even though investors are leaving the market. That’s good news for regular people, who are enjoying low mortgage rates and decreased competition for homes. Sales of existing-homes rose 2.4% in September to a seasonally adjusted annual rate of 5.17 million, according to National Association of Realtors data released Tuesday. Though at their highest pace of 2014, sales remain 1.7% down from a year earlier, when the pace stood at 5.26 million. “Low interest rates and price gains holding steady led to September’s healthy increase, even with...
  • The Irish Tax Policy Debate: Bono 1 – Irish Union Bosses 0

    10/21/2014 8:46:29 AM PDT · by Kaslin · 5 replies
    Townhall.com ^ | October 21, 2014 | Daniel J. Mitchell
    I wrote last year about the remarkable acknowledgement by Bono that free markets were the best way to lift people out of poverty. The leader of the U2 band and long-time anti-poverty activist specifically stated that, “capitalism has been the most effective ideology we have known in taking people out of extreme poverty.”As the old saying goes, I couldn’t have said it better myself. Too many politicians and interest groups want us to believe that foreign aid and bigger government are the answer, but nations that have jumped from poverty to prosperity invariably have followed a path of free markets...
  • M&A Deals Fail At Highest Rate Since 2008

    10/21/2014 8:40:09 AM PDT · by Kaslin
    Townhall.com ^ | October 21, 2014 | Mike Shedlock
    <p>The value of deals that fail to complete has reached its highest level since 2008, in the latest sign that the best year for mergers and acquisitions since the financial crisis will also feature a number of high-profile failures.</p> <p>Three large deals collapsed last week, adding to the list of wrecked deals and coinciding with a sharp jump in equity market volatility that sapped confidence in stocks and put a chill on the market for initial public offerings.</p>
  • GoDaddy Founder Bob Parsons Speaks Out Against Gun Control

    10/21/2014 8:14:31 AM PDT · by rktman · 14 replies
    inc.com ^ | 10/20/2014 | Maria Aspan
    GoDaddy founder Bob Parsons rarely shies away from controversy--even when wading into the contentious debate over gun violence in this country. Parsons, a gun owner and member of the National Rifle Association, says that firearms aren’t to blame for mass shootings. That’s a hotly-debated and emotional topic, especially after a gunman killed 20 people at Sandy Hook Elementary School in 2012.
  • Renewable Energy Fails Protesters Calling for More Renewable Energy (Wisconsin)

    10/21/2014 8:01:28 AM PDT · by CedarDave · 9 replies
    MacIver Institute ^ | October 9, 2014 | MacIverInstitute
    Demonstrators gathered outside the Public Service Commission to protest against a requested rate structure change by the local utility company, Madison Gas and Electric (MG&E). During the protest, they decried the use of "dirty coal" and called for more renewable energy. To make their point, they had a blow-up coal power plant that was running on a fan powered by wind and solar charged batteries. Before the protest was over, however, the batteries died and their solar panel could not produce enough energy to keep the power plant standing upright.
  • How Goldman's Libya case could disrupt derivatives

    10/21/2014 7:47:02 AM PDT · by Lorianne · 3 replies
    CNBC ^ | 21 October 2014 | Matt Clinch
    A costly legal battle between Goldman Sachs and the Libyan sovereign wealth fund could have more permanent repercussions for the global banking industry, experts have told CNBC. The Libyan Investment Authority has accused Goldman of misleading it and taking advantage of its lack of financial knowledge to make "substantial" profits on a series of derivative trades back in 2008. The bank denies the allegations and a full hearing has been touted to begin in early 2016 after a preliminary hearing was completed earlier in the month. The LIA claims the disputed derivative trades in early 2008 cost $1 billion, and...
  • German police seize Muslim man codenamed 'The Tailor' who is suspected of equipping ISIS

    10/21/2014 7:01:43 AM PDT · by dennisw · 5 replies
    DailyMail ^ | 20 October 2014 | Allan Hall
    German police seize Muslim man codenamed 'The Tailor' who is suspected of equipping ISIS with combat suits - and 7,500 pairs of boots Lebanese man, identified as 31-year-old Kassem R, arrested in dawn raid Suspected of supplying ISIS with equipment produced in a secret factory He is believed to have sent combat suits, 7,500 pairs of boots, 6,000 parkas and 100 military shirts Similar raids at other addresses in Germany resulted in more arrests of ISIS sympathisers Germany has seen some 400 citizens leave to fight for the jihad in Syria Anti-terror police in Germany have arrested a man codenamed...
  • Older workers can have extra days off (says labor court in Germany)

    10/21/2014 6:38:11 AM PDT · by Olog-hai · 9 replies
    TheLocal.de ^ | 21 Oct 2014 14:26 GMT+02:00 | (DPA/The Local)
    Older workers in Germany are allowed more time off than younger ones, a court ruled on Tuesday, saying the difference was not discriminatory. Younger employees of a shoe manufacturer in Rhineland-Palatinate brought a case against their employer for giving two extra days off per year to their colleagues aged 58 and over and appealed it to the country’s highest labor court. But Germany’s anti-discrimination law (AGG) allows for different treatment for workers based on their age, experience or length of service under certain conditions, the judges said. …
  • Detroit With a Boardwalk: Why Atlantic City is dying.

    10/21/2014 6:35:24 AM PDT · by C19fan · 43 replies
    Politico Magazine ^ | October 20, 2014 | George Anastasia
    Thirty years ago, disgraced Atlantic City Mayor Michael Matthews stood in front of a federal judge and pleaded guilty to accepting a bribe from an FBI agent posing as a mobster. It was 1984. Atlantic City was a boomtown then, just six years into the casino gambling era that was going to remake the shabby resort town that I was assigned to cover as a reporter for the Philadelphia Inquirer. Every day, I watched as buses from up and down the East Coast dumped thousands of slot machine mavens and roulette table hopefuls at the eight gambling palaces that had...
  • Thousands of federal workers on extended paid leave

    10/21/2014 6:25:58 AM PDT · by upbeat5 · 8 replies
    The Washington Post via Drudge Report ^ | October 20, 2014 | Lisa Rein
    Tens of thousands of federal workers are being kept on paid leave for at least a month — and often for longer stretches that can reach a year or more — while they wait to be punished for misbehavior or cleared and allowed to return to work, government records show. During a three-year period that ended last fall, more than 57,000 employees were sent home for a month or longer. The tab for these workers exceeded $775 million in salary alone. The extensive use of administrative leave continues despite government personnel rules that limit paid leave for employees facing discipline...
  • Obama's Strange Dependence on Valerie Jarrett

    10/21/2014 5:58:59 AM PDT · by Cincinatus' Wife · 69 replies
    The American Thinker ^ | August 14, 2012 | Karin McQuillan
    "....Every insider in Chicago told Klein the same thing: Jarrett has no qualifications to be the principal advisor to the president of the United States. She doesn't understand how Washington works, how relations with Congress work, how the federal process works. She doesn't understand how the economy works, how the military works, how national security works. But she understands how Obama works. The president turns to Valerie Jarrett for definitive advice on all these issues. She has given him terrible advice over and over, and still he turns to her. Her true job is to make Obama feel proud of...
  • The Petro-States in Shambles Despite Obama

    10/21/2014 5:16:54 AM PDT · by Kaslin · 23 replies
    Townhall.com ^ | October 21 | John Ransom
    Despite an administration that has no energy policy, free market forces in the United States are finding a way to provide relief from high prices for an economy that greatly needs the respite. Oil prices are heading the right way for consumers even if the wrong way for the wildcatters, explorers and developers of domestic energy. It’s been planned that way.Now that the worldwide economy is slowing, Saudi Arabia is intent on testing American resolve to become energy independent. The oil-rich kingdom has decided on a price war—a method that would be illegal in the United States—to see if American...
  • Ebola vaccine abandoned in 2008 after showing promise in trials

    10/21/2014 5:04:34 AM PDT · by Tolerance Sucks Rocks · 34 replies
    The Washington Times ^ | October 20, 2014 | Tom Howell, Jr.
    The pitch was intriguing: U.S. health officials wanted to fast-track trials for an Ebola vaccine and sounded the call for volunteers. Charles Sullivan called up the hotline on a whim, figuring the National Institutes of Health already had filled its queue and wouldn’t need him. But he was accepted for three rounds of shots of a deactivated virus, a year’s worth of blood analysis and a $900 check for his trouble. The clinical trial went well, and the vaccine seemed promising. A decade later, the country is still waiting for a vaccine amid a worldwide Ebola outbreak, and Mr. Sullivan...
  • Legendary fashion designer Oscar de la Renta dies aged 82

    10/20/2014 11:35:34 PM PDT · by CorporateStepsister · 29 replies
    MailOnline ^ | 01:27 EST, 21 October 2014 | Iona Kirby for
    Oscar de la Renta has died at the age of 82. His wife Annette confirmed that the legendary fashion designer passed away at his Kent, Connecticut home on Monday. De la Renta was diagnosed with cancer in 2006, however a cause of death is yet to be revealed. He is survived by both Annette and his adopted son Moises - a designer at the label. Company executives Alex and Eliza Bolen said in a statement that De la Renta died surrounded by family, friends, and 'more than a few dogs'. The statement also read: 'While our hearts are broken by...
  • Meghan McCain: The right is wrong

    10/21/2014 12:46:06 AM PDT · by 2ndDivisionVet · 42 replies
    The Politico ^ | October 20, 2014 | Hadas Gold
    (VIDEO-AT-LINK)Meghan McCain, always outspoken, says she’s got one big regret — calling Rep. Michele Bachmann a “poor man’s Sarah Palin.” “That’s the one if I could take it back I would, because I just think it’s so linear and so nasty,” McCain said in an interview with POLITICO. “And I’m not a big fan of attacking another woman anymore.” The two are now friends, and the congresswoman has even appeared on McCain’s show, “Take Part Live” on the Pivot Network. “It’s so crazy … she’s not the type of person you’d think I connect with,” McCain added. “It’s just with...
  • Snow plough driver in Total CEO plane crash was drunk -Russian investigators

    10/20/2014 11:39:57 PM PDT · by Berlin_Freeper · 17 replies
    yahoo.com ^ | Oct 21, 2019 | Reuters
    MOSCOW (Reuters) - The driver of a snow plough involved in a deadly plane crash that killed the chief executive of French oil major Total, Christophe de Margerie, in a Moscow airport late on Monday, was drunk, Russia's Investigative Committee said.
  • Catching A Glimpse Of America’s Future In Ferguson

    10/20/2014 11:11:11 PM PDT · by 2ndDivisionVet · 14 replies
    Mint Press News ^ | October 20, 2014 | Jeffrey Cavanaugh
    The demographic, cultural and economic changes unfolding in America will eventually leave the country looking a lot like Ferguson today: divided between a rich, white minority establishment and a largely disenfranchised, multi-racial majority. On Oct. 12 the good people of Ferguson, Missouri, continued to protest the unjustified shooting death of black teenager Michael Brown by municipal police officer Darren Wilson. Seventeen people were arrested for participating in an unlawful assembly outside a convenience store, and the following day, 50 others were arrested as part of an organized “Moral Monday” protest challenging St. Louis’ casual acceptance of police violence and brutality....
  • Total CEO de Margerie killed in Moscow business jet accident

    10/20/2014 7:54:00 PM PDT · by BenLurkin · 18 replies
    reuters.com ^ | Mon Oct 20, 2014 10:14pm EDT | Vladimir Soldatkin
    The chief executive of French oil major Total, Christophe de Margerie, was killed when a business jet collided with a snow plow during takeoff at Moscow's Vnukovo International Airport, the company and airport officials said. The collision occurred late on Monday, just minutes before midnight Moscow time, the airport said in a statement. The Dassault Falcon business jet carrying de Margerie had been due to travel to Paris. ... De Margerie, 63, was on a list of attendees at a Russian government meeting on foreign investment in Gorki, near Moscow, on Monday. With his distinctive bushy moustache and outspoken manner,...
  • Ben and Jerry’s Won’t Change ‘Hazed and Confused’ Flavor after Hazing Victims Complain

    10/20/2014 5:21:22 PM PDT · by jiggyboy · 39 replies
    National Review ^ | October 20, 2013 | Katherine Timpf
    Generally left-leaning ice-cream company Ben and Jerry’s has refused to rename its “Hazed and Confused” hazelnut ice-cream flavor despite cries from activists that it’s insensitive to hazing victims. “It didn’t make sense for us to change the name,” Ben and Jerry’s spokesman Sean Greenwood told Bloomberg. “We named it after a pop-culture reference.” Greenwood said the company did not see anything about the flavor name that “even inferred” [sic] hazing. But that’s not how Lianna and Brian Kowiak of Tampa feel, who say they were “shocked” and “dismayed” to see an ice-cream flavor with that name. “The company completely...
  • Qatar Awareness Campaign – ExxonMobil @StopQatarNow

    10/20/2014 4:39:45 PM PDT · by Randall_S · 2 replies
    NoisyRoom.net ^ | October 20, 2014 | Qatar Awareness Campaign
    Rex W. Tillerson ExxonMobil Corporate Headquarters 5959 Las Colinas Boulevard Irving, Texas 75039-2298 Dear Mr. Tillerson: This letter is being sent to you on behalf of the Qatar Awareness Campaign Coalition. The purpose is to inform you and the public of the activities of Qatar. Of all the American companies currently involved with Qatar, none is more responsible for Qatar’s economic success than ExxonMobil. Indeed, Qatar has the world’s highest per capita GDP, at $102,100 (2013). The United States has two massive military bases in Qatar: Al Udeid, the home of CENTCOM for the region, and As Sayliyah, the largest...
  • EPA takes step in regulating drinking water

    10/20/2014 4:33:15 PM PDT · by Oldeconomybuyer · 47 replies
    The Hill ^ | October 20, 2014 | By Laura Barron-Lopez
    The Environmental Protection Agency took the first step toward regulating a chemical in the country’s drinking water on Monday. The EPA issued a preliminary determination to regulate the chemical called strontium, which is a naturally occurring element. At elevated levels strontium can impact bone strength in people who don’t consume enough calcium, the EPA said. Strontium has been found in roughly 99 percent of the public water systems in the U.S..
  • Europe emission targets 'will fail to protect climate'

    10/20/2014 4:27:08 PM PDT · by Oldeconomybuyer · 4 replies
    BBC News ^ | October 20, 2014 | By Roger Harrabin
    Europe’s leaders are about to consign the Earth to the risk of dangerous climate change, a UN expert says. Prof Jim Skea, a vice-chair of the Intergovernmental Panel on Climate Change, says the EU’s plan to cut CO2 emissions 40% by 2030 is too weak. He says it will commit future governments to “extraordinary and unprecedented” emissions cuts. The Commission rejected the claim, saying the 40% target puts Europe on track for long-term climate goals. Prof Skea believes governments are setting targets by what appears to be politically achievable rather than what is necessary to transform the way we make...
  • Up to 34 MIL. blank 'green cards' & work permits ordered ahead of Obama illegal immigrant 'amnesty'

    10/20/2014 3:30:08 PM PDT · by 2ndDivisionVet · 19 replies
    The London Daily Mail ^ | October 20, 2014 | David Martosko, U.S. Political Editor
    U.S. Citizenship and Immigration Services plans to seek a vendor to produce as many as 34 million blank work permits and 'green cards' – the paperwork that authorizes illegal immigrants to live and work in the United States – as the White House prepares to issue an executive order after the Nov. 4 midterm elections. According to a draft solicitation published online, the government agency will look for a company that can produce a minimum 4 million cards per year for five years, and 9 million in the early stages. President Barack Obama has pledged that he will make a...
  • Federal Housing Finance Agency Unveils Plan to Loosen Mortgage Rules

    10/20/2014 3:18:01 PM PDT · by John W · 19 replies
    The New York Times ^ | October 20, 2014 | DIONNE SEARCEY and PETER EAVIS
    A federal housing regulator on Monday announced a plan that could ease tight credit and allow more people to qualify for mortgages in an attempt to put the nation’s housing market back on track. The plan, announced at a convention of mortgage bankers, includes offering reassurances to lenders that fear they could suffer unpredictable losses on the loans they sell to the government. Separately, plans are in motion to set up programs for borrowers to receive government-backed loans with much smaller down payments than are now required. “We know that access to credit remains tight for many borrowers, and we...
  • Cable News Ratings for Friday, October 17, 2014

    10/20/2014 2:57:13 PM PDT · by Oldeconomybuyer · 1 replies
    TV By The Numbers ^ | October 20, 2014 | By Amanda Kondolojy
    Live + Same Day Cable News Daily Ratings for Friday, October 17, 2014  Total Day P2+ (000s) 25-54 (000s) 35-64 (000s) FOXN  1,154  229  456 CNN  456  161  255 MSNBC  309  72  128 CNBC  157  51  73 FBN  46  7  14 HLN  242  92  127 Primetime P2+ (000s) 25-54 (000s) 35-64 (000s) FOXN  1,823  332  672 CNN  494  179  275 MSNBC  551  116  221 CNBC  249  110  140 FBN  26  10  15 HLN  377  116  159 Net Morning programs (6-9 AM) P2+ (000s) 25-54 (000s) 35-64 (000s) FOXN FOX AND FRIENDS  1,054  259  546 CNN NEW DAY  408  122  214 MSNBC...
  • 'Crossfire', 'Sanjay Gupta M.D.', 'CNN Money' & 'Unguarded' Canceled by CNN

    10/20/2014 2:51:06 PM PDT · by Oldeconomybuyer · 28 replies
    TV By The Numbers ^ | October 16, 2014 | By Sara Bibel
    CNN has canceled multiple series. Per Deadline,Crossfire has officially been canceled. The series, a CNN staple from 1982-2005, relaunched in September 2013, earned low ratings until it went on hiatus in May. The show briefly returned in July, then went on hiatus again. CNN is also canceling Sanjay Gupta M.D, CNN Money With Christine Romans and Unguarded With Rachel Nichols. All three anchors will remain with the network.
  • Europe must drop the euro, Germany abandon mercantilism

    10/20/2014 2:25:51 PM PDT · by EBH · 5 replies
    UPI ^ | 10/20/2014 | Peter Moricici
    Europe faces yet another recession, and the prospect is shaking global financial markets. To eliminate the persistent threat of collapse, Europe must drop the euro, and Germany must abandon mercantilism. When the euro was adopted in 1999, domestic prices -- the face values for bonds and loans -- and bank accounts were translated into euros according to prevailing exchange rates for national currencies at the time. Initially, the single currency posed few significant problems. Over time, however, differences in labor market policies and geographic conditions that are difficult for governments to alter caused productivity to grow more rapidly in Germany...
  • Thousands of federal workers on extended paid leave

    10/20/2014 11:26:34 AM PDT · by Cincinatus' Wife · 16 replies
    The New York Times ^ | October 20 2014 | Lisa Rein
    Tens of thousands of federal workers are being kept on paid leave for at least a month — and often for longer stretches that can reach a year or more — while they wait to be punished for misbehavior or cleared and allowed to return to work, government records show. During a three-year period that ended last fall, more than 57,000 employees were sent home for a month or longer. The tab for these workers exceeded $775 million in salary alone. The extensive use of so-called administrative leave continues despite government personnel rules that limit paid leave for employees facing...
  • Sowell: Predatory Journalism

    10/20/2014 10:18:08 AM PDT · by jazusamo · 30 replies
    Creators Syndicate ^ | October 21, 2014 | Thomas Sowell
    The New York Times is again on the warpath against what it calls "predatory lending." Just what is predatory lending? It is lending that charges a higher interest rate than people like those at the New York Times approve of. According to such thinking — or lack of thinking — the answer is to have the government set an interest rate ceiling at a level that will be acceptable to third parties like the New York Times. People who believe in government-set price controls — whether on interest rates charged for loans, rents charged for housing or wages paid under...
  • Toys R Us Is Selling Crystal Meth Toys From Breaking Bad

    10/20/2014 9:53:14 AM PDT · by SoFloFreeper · 33 replies
    Time ^ | 10/20/14 | Brad Tuttle
    Parents aren't happy that the toy store chain is selling drug dealer dolls, complete with bags of crystal meth and sacks of cash. Susan Schrivjer, a mom from Fort Myers, Fla., was a fan of the award-winning AMC show Breaking Bad.... Even so, she thinks it’s not such a great idea to sell action figures based on the show’s notorious crystal meth dealers Walter White and Jesse Pinkman in a store where the customer base is families with young children.
  • Survey: Pay raises rarer despite strong US hiring

    10/20/2014 9:21:48 AM PDT · by Olog-hai · 1 replies
    Associated Press ^ | Oct 20, 2014 9:38 AM EDT | Christopher S. Rugaber
    U.S. businesses were much less likely to boost pay in the third quarter than in previous months, even as hiring remained healthy, a sign that wage gains may remain weak in the coming months.A quarterly survey by the National Association for Business Economics found that only 24 percent of companies increased wages and salaries in the July-September quarter. That’s down from 43 percent in the April-June quarter and the first drop after three straight increases. Yet the firms still added jobs at a healthy pace, which usually pushes wages higher as employers compete for workers. A measure of hiring in...
  • GAFFE: Markey Unable to Answer Basic Financial Question ( Colorado )

    10/20/2014 8:08:12 AM PDT · by george76 · 14 replies
    ColoradoPeakPolitics ^ | October 20, 2014
    And you thought the Treasurer’s debate would be boring. That was the observation made by Fox 31 political reporter Eli Stokols as he moderated a debate between Treasurer Walker Stapleton and failed Congresswoman Betsy Markey. At about the 7 minute mark in the below video is when things get really heated. Stapleton asks Markey a basic question about public finance: “Could you describe to me what a yield curve is, please?” She is unable to answer. ... Stapleton has a degree in business economics from the London School of Economics and an MBA from Harvard Business School. He is not...
  • O Beholden Canada: America’s northern neighbor is beset by familiar pension-funding problems

    10/20/2014 7:33:08 AM PDT · by SeekAndFind · 8 replies
    City Journal ^ | 10/20/2014 | Steve Malanga
    This summer, Montreal residents witnessed a strange sight: local police abandoned their traditional uniform pants and instead donned casual attire, ranging from camouflage and fluorescent-colored trousers to multicolored slacks. Some cops bizarrely even donned skirts. The dressing down was all done to show cops’ anger at the Quebec provincial government’s proposals to cut the costs of municipal pensions by getting workers to contribute more toward their retirement. Call it Canada’s summer of pension discontent. Governments throughout the country are grappling with as much as $300 billion in unfunded government-worker retirement debt. In a country of just 38.5 million people, that’s...
  • Philadelphia Society Memories from Grand Rapids

    10/20/2014 7:27:22 AM PDT · by Academiadotorg
    Accuracy in Academia ^ | October 18, 2014 | Malcolm A. Kline
    For several years now, I have been honored to be a member of a group known as the Philadelphia Society. The Society of leading conservative intellectuals was formed in 1964 in the wake of the Goldwater defeat. While I would never self-identify as an intellectual, I fall back on what the Sisters of St. Joseph used to tell us in grade school: “There’s two kinds of knowledge: knowing something and knowing where to find it.” You can gain a lot of insights at Society meetings. Here are just a few highlights from the Society’s regional meeting in Grand Rapids last...