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Business/Economy (News/Activism)

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  • Field Poll: Obamacare support in California grows

    08/20/2014 7:39:14 AM PDT · by Oldeconomybuyer · 7 replies
    Orange County Register ^ | August 20, 2014 | BY BERNARD J. WOLFSON
    California voters, who have always favored the Affordable Care Act by a large majority, now support it more strongly than ever, according to an opinion survey published Tuesday. A new Field Poll, conducted from late June to mid-July, shows that 56 percent of registered voters in the state favor the health reform law, also known as Obamacare, while 35 percent are opposed. The poll, sponsored by the California Wellness Foundation, was based on telephone interviews conducted from June 26 to July 19 – in seven languages – with 1,535 registered voters.
  • Ukraine conflict is draining economy, hampering reforms: PM Yatseniuk

    08/20/2014 7:35:13 AM PDT · by McGruff · 2 replies
    REUTERS ^ | 8/20/2014 | Natalia Zinets
    Ukraine's conflict with separatist rebels is draining the economy by the day and hampering efforts to implement reforms as required by an IMF bailout programme, Prime Minister Arseny Yatseniuk said on Wednesday. According to the terms of a $17 billion International Monetary Fund loan package, Ukraine must implement set reforms, but the country, which is virtually bankrupt and running wide external deficits, has had to divert substantial funds in its fight to contain the pro-Russia insurgency.
  • Chicago Tribune poll: Chicago voters split on luring Obama library

    08/20/2014 7:30:10 AM PDT · by Oldeconomybuyer · 6 replies
    Chicago Tribune ^ | August 20, 2014 | By Kim Geiger
    Voters in the city that launched President Barack Obama's political career are split over whether to put tax dollars into luring his presidential library to Chicago. Less than half of those surveyed in a Chicago Tribune poll — 47 percent — said they favored the idea of using tax money to attract or build the library, while 45 percent said they opposed it and 8 percent were undecided. There was a gap along racial lines: 61 percent of black voters polled were in support and 60 percent of white voters opposed. The survey was taken as the Barack Obama Foundation...
  • Ebola fears slowing tourist flow to Africa

    08/20/2014 7:24:44 AM PDT · by Oldeconomybuyer · 6 replies
    Reuters ^ | August 20, 2014 | By Joe Brock
    The Ebola outbreak in West Africa is putting off thousands of tourists who had planned trips to Africa this year, especially Asians, including to destinations thousands of miles from the nearest infected community such as Kenya and South Africa. The bulk of the cancellations are from Asia, which has had its own share of health crises, but visitors from the United States, Brazil and Europe have also scrapped their plans or delayed trips, they said. Besides tourism, Ebola fears are also hitting business travel and investment events in Africa, threatening the continent's image as a rising economic star.
  • Average Price of Ground Beef Hits All-Time High

    08/20/2014 5:47:09 AM PDT · by xzins · 42 replies
    CNS ^ | August 19, 2014 | Ali Meyer
    (CNSNews.com) – The average price for all types of ground beef per pound hit its all-time high -- $3.884 per pound -- in the United States in July, according to data released today by the Bureau of Labor Statistics (BLS). That was up from $3.880 per pound in June. A year ago, in July 2013, the average price for a pound of ground beef was $3.459 per pound. Since then, the average price for a pound of ground beef has gone up 42.1 cents--or about 12 percent. Five years ago, in July 2009, the average price for a pound of...
  • Climate-Cooling Policies threaten Food Supplies

    08/20/2014 6:40:12 AM PDT · by rktman · 11 replies
    americanthinker.com ^ | 8/20/2014 | Viv Forbes
    A warmer, wetter climate with more carbon dioxide in the atmosphere would undoubtedly produce more plant growth and more food. However climate-cooling policies that claim to prevent global warming by throttling the use of carbon fuels will definitely reduce food supply and increase food prices. The promotion of ethanol for motor fuel is anti-food. This “food for fuel” program has absorbed significant quantities of corn, soy beans, sugar and palm oils. Consequently prices for ethanol crops are higher than they would otherwise be, encouraging farmers to convert land currently devoted to grazing animals and other food crops to growing more...
  • Target lowers outlook, reeling from data breach

    08/20/2014 5:37:51 AM PDT · by SoFloFreeper · 16 replies
    Marketwatch ^ | 8/20/14 | Anna Prior
    Target Corp. lowered its outlook for the year.... The big-box retailer, which also posted a 62% decline in earnings for its second quarter, has been trying to bounce back from the data breach over the holiday season. The company booked expenses tied to the fumble of $148 million in the latest quarter....
  • Job Turnover Data Show Lots Of Churning, Little Job Creation

    08/20/2014 4:59:25 AM PDT · by SeekAndFind · 2 replies
    IBD ^ | 08/20/2014 | EDWARD P. LAZEAR
    The government's latest survey of job openings and labor turnover implies that while the U.S. labor market has improved significantly since the recession, it is far from having recovered. The key determinant of labor market health is hiring, and hiring remains well below normal. The data-rich Job Openings and Labor Turnover Survey, or JOLTS, which Fed chair Janet Yellen is said to follow closely, reports monthly hires and separations, with the separation defined as the termination of an employment relationship for any reason. The hiring and separation numbers reveal important but little-known facts about how the U.S. labor market operates....
  • Ukraine factories equip Russian military despite support for rebels

    08/18/2014 6:26:10 AM PDT · by McGruff · 3 replies
    the washington Post ^ | August 15, 2014 | Michael Birnbaum
    Deep into a conflict that has sundered decades-old ties between Ukraine and Russia, Ukraine is still selling military gear over the border to its neighbor, Ukrainian defense industry officials say. Kiev’s pleas for an end to trade ties have run into strong resistance from workers at companies like Motor Sich, here in Ukraine’s industrial heartland, where 27,000 employees build engines tailor-made for Russian military helicopters and planes. Most senior executives here grew up as part of the same Soviet military-industrial club as their Russian peers. “We have our own party, the party of Motor Sich,’’ company spokesman Anatoliy Malysh said.
  • White House takes suggestions from business on immigration changes

    08/20/2014 3:58:24 AM PDT · by Zakeet · 12 replies
    CBS News ^ | August 19, 2014 | Rebecca Kaplan
    In addition to reviewing the deportation system of immigrants in the U.S. illegally, the Obama administration is weighing executive actions to change the legal immigration system in ways that could benefit businesses, the Wall Street Journal reports. [Snip] Mr. Obama is reportedly weighing unilateral steps he could take to defer deportations for anywhere from 550,000 to 4.4 million immigrants who are in the U.S. illegally, as well as providing some with work permits. The move is sure to draw harsh criticism from Republicans, who argued that they could not pass immigration reform in 2014 because the president cannot be trusted...
  • Why Is Obama Hiding ObamaCare Enrollment Data?

    08/20/2014 3:38:04 AM PDT · by IBD editorial writer · 12 replies
    Investor's Business Daily ^ | 8/19/2014 | IBD Staff
    Cooking The Books: It's been 110 days since the last "monthly" report on ObamaCare enrollment, when the president bragged that 8 million had signed up. What are they hiding? Since then, the administration's claim that 8 million enrolled for health care through an ObamaCare exchange has looked increasingly dubious. A Government Accountability Office report found that the enrollment numbers were unreliable because they haven't been reconciled with industry data. Insurers say that as many as one in five of those who signed up didn't pay their first premiums...
  • Carlsberg lowers profit outlook on fall in Russian sales

    08/20/2014 2:43:09 AM PDT · by wetphoenix · 3 replies
    Copenhagen (AFP) - Danish brewer Carlsberg cut its annual profit guidance on Wednesday and said economic uncertainty in Russia, its biggest market, could prompt it to close some breweries. Clouds over the outlook in some parts of eastern Europe had cut consumption of beer, the company said. "Due to the recent macro events the consumer sentiment and the outlook for some of the economies in eastern Europe are becoming increasingly challenging and uncertain," the company said in its quarterly earnings statement. "Consequently, we believe that the beer category will deteriorate further in the second half of the year," it added....
  • Coalition Urges Malloy, Foley To Consider Taxes, Tolls to Raise Transportation Money

    08/20/2014 12:08:04 AM PDT · by Tolerance Sucks Rocks · 7 replies
    The Hartford Courant ^ | August 19, 2014 | GREGORY B. HLADKY
    HARTFORD - A broad coalition of environmental, economic, regional and construction groups urged Connecticut's gubernatorial candidates Tuesday to conduct a debate focused on transportation issues, and to consider higher taxes and tolls to pay for the state's dire transportation needs. The activists put out a four-point program they said the state's next governor must consider, and expressed concern about the possibility that massive federal funding for highways and mass transit might dry up in the next few years. The coalition's key issues are: •Making certain that state revenue that is supposed to be devoted to transportation - such as gas...
  • Raising a kid born in 2013 will cost you $245K — or double if you’re in New York

    08/19/2014 6:12:04 PM PDT · by SeekAndFind · 22 replies
    New York Post ^ | 08/19/2014 | David K. Li
    Those little bundles of joy are going to cost you — big time. A child born in 2013 will drain an average of $245,340 from his or her middle-class parents over the kid’s first 18 years on Earth, a federal study revealed on Monday. And that doesn’t even include the cost of college. The figure is up $4,260, or almost 2 percent, from the year before, according to the report from the annual United States Department of Agriculture. Factoring in inflation, the total cost will turn out to be closer to $340,480 in actual greenbacks spent. The latest figures blow...
  • White House Courts Business On Immigration For Political Purposes

    08/19/2014 4:29:41 PM PDT · by jazusamo · 17 replies
    Investors.com ^ | August 19, 2014 | IBD Editorial
    Imperial Presidency: Secret scheming between the White House and Big Business on immigration is all about political cover for unconstitutional executive action. Cheap labor now isn't worth socialism tomorrow. If high-tech giants such as Cisco, Intel, Microsoft, Oracle and Accenture endorse President Obama's impending executive orders giving amnesty to multitudes of illegal aliens without congressional assent, America will in essence have become the corporatocracy the Saul Alinskys of the world have always claimed they fear. Politico reports that some of these firms and others are talking with high-ranking Obama aides, the White House's goal being these companies' public backing for...
  • China: The Danger From Within

    08/19/2014 4:01:51 PM PDT · by nickcarraway · 1 replies
    Strategy Page ^ | August 16, 2014
    The government anti-corruption campaign has prosecuted more high-ranking thieves recently, and a lot more lower-ranking officials as well. This campaign has been going on longer, and taking down more people than any previous effort. The government also insists that this campaign will not, as in the past, simply diminish and fade away as past anti-corruption efforts have. This worries a lot of Chinese, even though most admit that the corruption is the greatest threat the current communist government faces. The potential problem is the growing risk that corrupt businessmen and officials who fear prosecution will get organized and fight back....
  • The Wheels Are Coming Off California's Ballyhooed Comeback

    08/19/2014 2:16:24 PM PDT · by SeekAndFind · 20 replies
    IBD ^ | 08/19/2014
    Stop the music. All the merriment over the California recovery may have been a bit premature. Tax revenues are way down this year in the Golden State, and this could throw the books back into the red. Not so Golden State Here is the sobering analysis released last week from the Rockefeller Institute of Government, which monitors state spending and revenues: "After four years of uninterrupted growth, states' tax collections saw a decline in the first quarter of 2014. Preliminary figures for the second quarter of 2014 indicate further declines in personal income-tax collections and possibly in overall state taxes."...
  • Average Price of Ground Beef Hits All-Time High

    08/19/2014 1:57:06 PM PDT · by george76 · 56 replies
    CNS News ^ | August 19, 2014 | Ali Meyer
    The average price for all types of ground beef per pound hit its all-time high -- $3.884 per pound -- in the United States in July, according to data released today by the Bureau of Labor Statistics (BLS). That was up from $3.880 per pound in June. A year ago, in July 2013, the average price for a pound of ground beef was $3.459 per pound. Since then, the average price for a pound of ground beef has gone up 42.1 cents--or about 12 percent. Five years ago, in July 2009, the average price for a pound of ground beef...
  • The World Trade Center Has A New, Very Confusing Logo

    The World Trade Center Has A New, Very Confusing Logo Cramming in a mind-melting series of visual allusions, the $3 million WTC logo is also an ad. The World Trade Center has a new logo. Part of a $3.57 million branding endeavor, it's a riff on space and negative space, presence, and absence. It’s like a Rubin vase test, playing tricks on the eye and asking viewers to see what they want to see. Which would almost be poetic if not for the fact that it could also be read as an ad for a luxury shopping mall. To be...
  • Pickens: Brent crude will be above $100 forever

    08/19/2014 12:54:27 PM PDT · by ckilmer · 5 replies
    cnbc ^ | 4 Hours Ago | Jackie DeAngelis
    Pickens: Brent crude will be above $100 forever Jackie DeAngelis | @JackieDeAngelis 4 Hours AgoCNBC.com 72 SHARES                         39COMMENTSJoin the Discussion Oil and gas entrepreneur T. Boone Pickens thinks international oil prices will stay high indefinitely—over $100 a barrel—despite recent declines in the futures market. Adam Jeffery | CNBC T. Boone Pickens At the Investools 4th Annual Investor Education Conference in Dallas, Pickens reminded investors that OPEC's largest producer, Saudi Arabia, needs oil prices to remain elevated in order to maintain its social spending programs; therefore, the Organization...
  • Uber hires former Obama campaign manager Plouffe

    08/19/2014 11:59:42 AM PDT · by Oldeconomybuyer · 19 replies
    Market Watch ^ | August 19, 2014
    WASHINGTON -- Private car-hailing service Uber has hired President Barack Obama's former campaign manager David Plouffe to be its senior vice president of policy and strategy. Uber co-founder Travis Kalanick said Plouffe will oversee all global policy and political activities, communications and branding efforts. The company has faced resistance from taxi companies in cities including Miami and Washington.
  • Russian import ban fuels food price rises

    08/19/2014 8:41:48 AM PDT · by lodi90 · 6 replies
    BBC News ^ | 8/19/2014 | BBC News
    Food prices are rising in parts of Russia and experts say the state embargo on imports of Western food appears to be making things worse. Since the ban was imposed on 7 August imported pork used in processed meat in Moscow has gone up by 6%, Russian business daily Kommersant reports. In St Petersburg food prices have risen 10%. That inflation occurred even before the impact of sanctions.
  • Moms Demand Action Loses Again: Fred Meyer Supermarket Will Not Ban Guns

    08/19/2014 7:13:51 AM PDT · by rktman · 24 replies
    breitbart.com ^ | 8/18/2014 | AWR Hawkins
    On August 18 Moms Demand Action for Gun Sense in America launched its latest shame campaign to pressure Kroger – which owns Fred Meyer Grocery and QFC – to ban open carry of guns in its stores.
  • We’re going to kill the dollar. White House, DoJ & Treasury don't deny Obama staffer statement

    08/19/2014 5:29:27 AM PDT · by Opinionatedtoday · 38 replies
    When a senior Obama member allegedly told Kyle Bass, the founder and principal of the $2 billion hedge fund, Hayman Capital Management, “We’re just going to kill the dollar,” during a discussion about fixing the trade deficit and economy, was that Obama official joking or serious? I set out to find out and contacted the White House, Treasury Department and Department of Justice (DoJ). Kill the dollar. Kill a nation. Live in denial and be blindsided if what the senior Obama member allegedly said to Bass was true. Ask the Russians what life was like in the former Soviet Union...
  • Time Magazine Derides Marine General Smedley Darlington Butler

    08/19/2014 4:46:04 AM PDT · by CharlesOConnell · 5 replies
    Hawthorn Books ^ | January 1, 1973 | Jules Archer
    December 3, 1934, Time Magazine, Plot Without Plotters, From Straight Dope One frosty dawn in November 1935, 500,000 War veterans rolled out of their blankets in the pine barrens around the CCC camp at Elkridge, Md. The brassy bugle notes of "Assembly" hurried them to the camp's parade ground, where, mounted on a white horse and surrounded by his staff, they found their leader, Major General Smedley Darlington ("Old Gimlet Eye") Butler, U. S. M. C., retired. "Men," cried General Butler, "Washington is but 30 miles away! Will you follow me?" The answer was a mighty shout: "We will!" Squad...
  • The real looting of Ferguson: its black citizens never had a chance to get by

    08/19/2014 4:38:50 AM PDT · by 2ndDivisionVet · 50 replies
    The Manchester Guardian ^ | August 19, 2014 | Steven W. Thrasher
    The National Guard rolled in to protect a status quo. But racism set a status quo of inequality long before Michael Brown died.The National Guard will essentially protect the legal looting of black people – much as it was protected when Missouri became the last slave state admitted to the union. The symptoms of structural racism stain America everywhere, but its execution is particularly perverse in places like Ferguson. It’s not just that black drivers are stopped more often for alleged crimes than white drivers, despite the Missouri attorney general’s report that white people break the law more often. It’s...
  • Time Magazine Derides Marine General Smedley Darlington Butler

    08/19/2014 4:38:16 AM PDT · by CharlesOConnell · 5 replies
    Time Magazine ^ | March 17, 2014 | Steven Welch
    December 3, 1934, Time Magazine, Plot Without Plotters, From Straight Dope One frosty dawn in November 1935, 500,000 War veterans rolled out of their blankets in the pine barrens around the CCC camp at Elkridge, Md. The brassy bugle notes of "Assembly" hurried them to the camp's parade ground, where, mounted on a white horse and surrounded by his staff, they found their leader, Major General Smedley Darlington ("Old Gimlet Eye") Butler, U. S. M. C., retired. "Men," cried General Butler, "Washington is but 30 miles away! Will you follow me?" The answer was a mighty shout: "We will!" Squad...
  • Gas tax increase for road work? Scott Walker, Mary Burke leave door open

    08/19/2014 12:08:07 AM PDT · by Tolerance Sucks Rocks · 3 replies
    The Milwaukee Journal Sentinel ^ | August 18, 2014 | Patrick Marley
    Madison — When it comes to funding for roads, Gov. Scott Walker and his Democratic opponent aren't pouring specific ideas in concrete, but both stress the importance of transportation infrastructure and neither rejects the idea of raising the gas tax. Over this two-year budget cycle, Wisconsin is spending about $7 billion on transportation. But far more is needed, according to a task force convened by legislators. Last year, the Wisconsin Transportation Finance and Policy Commission recommended boosting funding for roads by about $680 million annually. To get that money, the commission backed raising the gas tax and vehicle registration fees...
  • 5 Things Pioneer Natural Resources’ Management Wants You to Know

    08/18/2014 11:15:30 PM PDT · by ckilmer · 24 replies
    fool.com ^ | August 18, 2014 | By Matt DiLallo
    5 Things Pioneer Natural Resources’ Management Wants You to Know By Matt DiLallo | More Articles | Save For Later August 18, 2014 | Comments (0) Pioneer Natural Resources' (NYSE: PXD  ) management team earlier this month spent nearly 75 minutes discussing its second-quarter results with analysts and investors. The company believes it is sitting on more than 10 billion barrels of recoverable oil and gas in the Permian Basin. Here's what management wants investors to know about its plans to create value from that massive resource. No. 1: The water issue is slowly drying upOne reason for Pioneer Natural Resources' large...
  • Ontario Fiddles While Quebec Learns

    08/18/2014 9:10:49 PM PDT · by goldstategop
    Globe And Mail ^ | 08/18/2014 | Konrad Yakabuski
    ...The bull-by-the-horns approach taken by Quebec’s Philippe Couillard. Less than two months after his April election as Premier, his government tabled legislation to tackle the almost $4-billion deficit facing municipal sector pension plans. This means taking on the powerful police and firefighter unions, which have staged loud protests and, bizarrely, worn skirts to work to show their defiance. But while he’s open to amending the bill, on which the government will hold hearings this week, the Premier insists the objective of 50-50 cost-sharing between employees and employers is non-negotiable. Active employees will be required to bear half the cost of...
  • China promises to rein in executive pay

    08/18/2014 9:08:58 PM PDT · by Olog-hai
    Associated Press ^ | Aug 18, 2014 10:19 PM EDT
    China’s president has promised to rein in “unreasonably high” pay for executives at government-owned companies in an apparent effort to mollify public frustration at the wealth of state industry. President Xi Jinping’s announcement, carried by the official Xinhua News Agency, comes as the ruling Communist Party is pressing government officials to cut spending on limousines, banquets and other trappings of office. …
  • BrightSource solar plant sets birds on fire as they fly overhead ($2.2B plant heats 100,000 homes)

    08/18/2014 9:08:45 PM PDT · by Innovative · 32 replies
    CBC Canada ^ | Aug 18, 2014 | AP
    Death estimates range from 1,000 to 28,000 per year The $2.2 billion plant, which launched in February, is at Ivanpah Dry Lake near the California-Nevada border. Unlike many other solar plants, the Ivanpah plant does not generate energy using photovoltaic solar panels. Instead, it has more than 300,000 mirrors, each the size of a garage door. Together, they cover 1,416 hectares. Each mirror collects and reflects solar rays, focusing and concentrating solar energy from their entire surfaces upward onto three boiler towers, each looming up to 40 stories high. The solar energy heats the water inside the towers to produce...
  • Calif. protesters block Israel-owned ship at Port of Oakland

    08/18/2014 5:25:53 PM PDT · by markomalley · 16 replies
    The Washington Times ^ | 8/18/2014 | Jessica Chasmar
    <p>Pro-Palestinian activists for the second day blocked an Israeli-owned ship from docking at the Port of Oakland in a protest against Israel’s military action in Gaza.</p> <p>Dockworkers at the Port of Oakland honored a picket line for the second day in a row Sunday as San Francisco Bay Area protesters gathered to stop a Zim Integrated Shipping Services vessel from docking and unloading, the San Jose Mercury News reported.</p>
  • Aug 14 Lorem Ipsum: Of Good & Evil, Google & China

    08/18/2014 5:06:25 PM PDT · by OwenKellogg · 3 replies
    KrebsOnSecurity ^ | 10/18/2014 | Brian Krebs
    Imagine discovering a secret language spoken only online by a knowledgeable and learned few. Over a period of weeks, as you begin to tease out the meaning of this curious tongue and ponder its purpose, the language appears to shift in subtle but fantastic ways, remaking itself daily before your eyes. And just when you are poised to share your findings with the rest of the world, the entire thing vanishes.This fairly describes my roller coaster experience of curiosity, wonder and disappointment over the past few weeks, as I’ve worked alongside security researchers in an effort to understand how “lorem ipsum” — common placeholder...
  • Willie Nelson, Neil Young headlining anti-Keystone XL pipeline concert

    08/18/2014 4:33:02 PM PDT · by Oldeconomybuyer · 57 replies
    Topeka Capital-Journal ^ | August 18, 2014
    NELIGH, Neb. — Willie Nelson and Neil Young will headline a concert next month in a Nebraska cornfield organized by opponents of a proposed pipeline that would carry oil from Canada south to the Gulf Coast. Bold Nebraska said Monday the concert will be held Sept. 27 on a farm near Neligh in northeast Nebraska. Tickets go on sale Wednesday.
  • State (MS) Gave $69 Million Loan to Green Energy Company on Verge of Bankruptcy

    08/18/2014 3:33:12 PM PDT · by Islander7 · 9 replies
    The Daily Signal ^ | August 18, 2014 | Steven Wilson
    Biofuel manufacturer KiOR’s financial struggles might leave Mississippi holding the title to another failed green energy project. According to the company’s quarterly report, without additional financing KiOR won’t be able to meet its financial obligations past Sept. 30. One of its biggest creditors is the state of Mississippi. The company owes the state $69.275 million on a no-interest loan to build a first-of-its kind plant to convert wood pulp into gasoline, fuel oil and diesel fuel in Columbus, Miss. It missed its most recent semi-annual payment of $1.875 million to the state, which granted forbearance June 3. But that ends...
  • NYT: $3B gov’t retraining program as effective as you’d guess; Years older and deeper in debt.

    08/18/2014 2:53:36 PM PDT · by SeekAndFind · 4 replies
    Hotair ^ | 08/18/2014 | Ed Morrissey
    To paraphrase the old Tennessee Ernie Ford song — you take a ton of government cash to get job retraining, and what do you get? Several years older and deeper in debt, according to the New York Times, which casts a critical eye on the Workforce Investment Act. The program first came into existence in 1998 and was expanded in the 2009 stimulus bill passed by Democrats, but does it actually help people find work and restore their economic independence? Not really, and the costs more often make situations worse instead of better: Instead, an extensive analysis of the...
  • 36% of adults lack retirement savings -- 14% of them 65 or over

    08/18/2014 12:13:58 PM PDT · by SeekAndFind · 56 replies
    Los Angeles Times ^ | 08/18/2014 | By JIM PUZZANGHERA
    More than a third of American adults have no retirement savings, including 14% of those 65 years of age or older, according to a new study released Monday. The low savings rate for people at or approaching retirement age is alarming, said Greg McBride, chief financial analyst for Bankrate.com, which conducted the survey. About a quarter -- 26% -- of those age 50 to 64 haven't started saving for retirement, the survey said; the figure was 33% of people who are 30- to 49-years-old. Overall, 36% of those 18 years or older have not started saving for retirement, according to...
  • Handout nation: One in 7 Americans turn to food banks

    08/18/2014 9:38:51 AM PDT · by GodAndCountryFirst · 33 replies
    Wonky News Nerd ^ | August 18, 2014
    One in seven Americans – more than 46 million people, including 12 million children and 7 million seniors – rely on food pantries and meal service programs to feed themselves and their families, according to a new study from Feeding America, a provider of charitable food assistance to low-income Americans. In what Feeding America says is “the largest and most comprehensive study of people seeking food assistance in the United States ever conducted,” more than 60,000 people confidentially answered questions about their personal circumstances. The study represents findings from 200 Feeding America food banks, which annually provide more than 3...
  • Gregory got $4M to quietly leave NBC [Hush Money]

    08/18/2014 8:21:37 AM PDT · by Red Badger · 20 replies
    pagesix.com ^ | 08-18-2014 | By Emily Smith and Stephanie Smith
    Ousted “Meet the Press” anchor David Gregory was paid $4 million to leave NBC and signed a contract not to speak out against the network, sources told Page Six. Gregory, 43, who moderated the show for six years, was unceremoniously dumped from the political program on Thursday after dismal ratings and months of speculation about his departure. He has been replaced by NBC White House correspondent Chuck Todd.
  • Obama's Vacation Blues

    08/18/2014 7:30:18 AM PDT · by Kaslin · 21 replies
    Townhall.com ^ | August 18, 2014 | Jeff Crouere
    August is when politicians retire to their vacation homes and relax at taxpayer expense. Congress is paid for a 5-week vacation and President Obama and his family have made it a tradition to enjoy a luxurious vacation at Martha's Vineyard, the playground of the rich. The President loves to stroll the streets of Martha's Vineyard, enjoy ice cream and bike riding. Most of all, he loves to play golf. Since assuming the presidency, Barack Obama has played almost 200 rounds of golf, no matter what crisis is ongoing. During this vacation, he played golf during a Ukrainian civil war, a...
  • The Left, Not the Tea Party, is America’s Taliban (That is factual!!!)

    08/18/2014 7:12:27 AM PDT · by Kaslin · 8 replies
    Townhall.com ^ | August 18, 2014 | Shawn Mitchell
    Ferguson Missouri. You can keep your plan and doctor. We can run a website. Trust us to spy on you. Energy, you don't need no stinking fossil energy; you can just pay twice as much for Unicorn farts. I'll go be nice in the Middle East and Russia, and they'll be nice to us in return. If the flames at home and abroad burn Americans enough for them to stop trusting in the rule of smooth talkers, and to dismiss the flak and apologia of government's media lap dogs, and to actually think about what a world with less government...
  • Some Praise for a Minor Part of Obamacare

    08/18/2014 7:02:29 AM PDT · by Kaslin · 6 replies
    Townhall.com ^ | August 18, 2014 | Daniel J. Mitchell
    I like to think that very few people despise Obamacare more than me. I don’t like Obamacare because it’s a fiscal boondoggle. I don’t like Obamacare because it’s bad healthcare policy. I don’t like Obamacare because it generated an embarrassingly bad decision by the Supreme Court. I don’t like Obamacare because it is driving people out of the labor force and into government dependency. I don’t like Obamacare because it has increased corruption in Washington. And I don’t like Obamacare because it further enriches and empowers Washington’s political class. But I also like being honest and that means I’m willing...
  • What States are the Biggest Job Winners and Losers in the Recovery?

    08/18/2014 6:36:36 AM PDT · by Kaslin · 13 replies
    Townhall.com ^ | August 18, 2014 | Mike Shedlock
    The Deloitte University Press has a very interesting, and comprehensive study on job gains and losses, by type of job, and state by state. The biggest winners are states involved in energy production, finance, or healthcare. The biggest losers are states that did not recover from the real estate bust, or lost population due to emigration. With that overview, let's dive deeper into the Geography of Jobs. Only now, as we reach the fifth anniversary of the end of the recession, has employment in the United States finally regained its pre-recession peak. The national story of slow recovery obscures the...
  • Stupid Is As Krugman Does

    08/18/2014 6:01:50 AM PDT · by Kaslin · 9 replies
    Townhall.com ^ | August 18, 2014 | Michael Schaus
    Paul Krugman has once again decided to call a few “fools and knaves” who disagree with him by some nasty names. In fact, the Nobel Laureate’s habit of lashing out with vitriolic playground language is pretty well documented; and, quite frankly, it demonstrates an astounding lack of self-awareness when it comes from a Keynesian who has turned being wrong into a career option. But in this rare case, I might actually let his painfully ironic comments slide without condemnation.
  • Evil Bullies

    08/18/2014 5:44:39 AM PDT · by Kaslin · 10 replies
    Townhall.com ^ | August 18, 2014 | Mark Baisley
    My wife and I took three of our grandkids to Disneyland last week; a memorable trip and surprisingly thought-provoking. It had been some years since we had visited the Magic Kingdom so we were totally out of practice in exposing little ones to the flamboyant characters in their vivid habitat. About 4 minutes into the creepy Bug’s Life attraction, we scurried out of the 3D theater with our arms full of Mickey Mouse hats, cones of cotton candy, and three screaming, terrified children. A gentle float through Small World soothed the young sensibilities and gave us time to map out...
  • Dems Help Blacks with Slavery, Segregation and Self Immolation

    08/18/2014 3:42:57 AM PDT · by Kaslin · 19 replies
    Townhall.com ^ | August 18, 2014 | John Ransom
    Six years into the worst administration for African Americans since Andrew Johnson sanctioned segregation in the South, it’s no surprise that riots have broken out in St. Louis. “The police shooting of an unarmed teenager in a St. Louis suburb over the weekend triggered angry demonstrations Sunday morning and vandalism and looting Sunday night, local media reported,” says the LA Times. The only question is: “What took it so long?” With president Barack Obama, Attorney General Eric Holder, race-baiters Al Sharpton, Sheila Jackson Lee, and an assortment of others constantly fanning the flames of hatred-- and thus keeping the black...
  • Russia may ban import of cars if West applies new sanctions - paper

    08/18/2014 12:23:40 AM PDT · by wetphoenix · 5 replies
    MOSCOW, Aug 18 (Reuters) - Russia may tighten retaliatory sanctions against Western nations to include a ban on imports of cars, among other things, if the United States and the European Union impose additional sanctions on Moscow, Vedomosti daily newspaper said on Monday. Following Russia's stand off over Ukraine, Western nations imposed sanctions on Moscow including on its financial and energy sectors, and put dozens of Russians close to President Vladimir Putin on a sanctions list. Imported vehicles accounted for 27 percent of sales of passenger cars in the first half of 2014, for trucks imports accounted for 46 percent,...
  • WHO: Air travel is low-risk for Ebola transmission

    08/17/2014 10:40:30 PM PDT · by dayglored · 28 replies
    World Health Organization ^ | Aug 13, 2014 (current) | World Health Organization staff
    From the HOME PAGE of the World Health Organization website (http://www.who.int/en/): The World Health Organization (WHO) today reiterated its position that the risk of transmission of Ebola virus disease during air travel remains low... WHO is therefore advising against travel bans to and from affected countries...
  • The coming race war won't be about race

    08/17/2014 8:42:16 PM PDT · by Wicket · 63 replies
    Time Magazine ^ | 8-17-14 | Kareem Abdul Jabbar
    Ferguson is not just about systemic racism—it's about class warfare, and how America's poor are held back Will the recent rioting in Ferguson, Missouri, be a tipping point in the struggle against racial injustice . . . By focusing on just the racial aspect, the discussion becomes about whether Michael Brown’s death—or that of the other three unarmed black men who were killed by police in the U.S. within that month—is about discrimination or about police justification. Then we’ll argue about whether there isn’t just as much black-against-white racism in the U.S. as there is white-against-black. (Yes, there is. But,...