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Business/Economy (News/Activism)

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  • China Property Collapse Has Begun

    04/15/2014 8:03:31 PM PDT · by Oldeconomybuyer · 23 replies
    Forbes ^ | April 13, 2014 | by Gordon B. Chang
    Nothing is going right for Hangzhou at this moment. Walmart will be closing its Zhaohui store in that city on April 23 as a part of its overall plan to dump marginal locations—about 9% of the total—in China. Thanks to the world’s largest retailer, another large block of space in Hangzhou, the capital of Zhejiang province, will go on the market at a time when there is generally too much supply. The problem is especially pronounced in the city’s premium office market. Hangzhou’s Grade A office buildings at the end of 2013 had, according to Jones Lang LaSalle, an average...
  • Challenger to Walter Jones on immigration: "I don't want to put myself in boxes"

    04/15/2014 6:56:42 PM PDT · by ObamahatesPACoal · 6 replies
    Laura Ingraham hosted Taylor Griffin challenging Walter Jones in North Carolina. Griffin said that while Jones, after being a Democrat, became a Republican but has worked since with the Democrats. Griffin said he is against amnesty as the GOP should be for the rule of law. He is for continuing deportations.
  • IMF Announces Staff Level Agreement with Ukraine on US$14-18 Billion Stand-By Arrangement

    04/15/2014 5:37:05 PM PDT · by PieterCasparzen · 2 replies
    ... At the conclusion of the visit, Nikolay Gueorguiev, Mission Chief for Ukraine, issued the following statement today in Kyiv: “The mission has reached a staff-level agreement with the authorities of Ukraine on an economic reform program that can be supported by a two-year Stand-By Arrangement (SBA) with the IMF. ... The agreement reached with the authorities is subject to approval by IMF Management and the Executive Board. ... Ukraine’s macroeconomic imbalances became unsustainable over the past year. ... Measures implemented in February and March helped stabilize financial markets and ensured that critical budget payments have been met. Nonetheless, the...
  • EBRD to step up engagement in Ukraine

    04/15/2014 5:26:07 PM PDT · by PieterCasparzen · 2 replies
    The European Bank for Reconstruction and Development is planning an increase in its investments in Ukraine, including a return to sovereign lending for public sector projects, as part of an international economic support package for Ukraine. ... The EBRD has a portfolio of investments in Ukraine of around €4.7 billion. While the EBRD's emphasis on private sector projects will continue, the Bank will also return to sovereign lending for public sector investments after abstaining from pursuing them over the last 12 months. To underpin its investments in Ukraine, the EBRD will reinvigorate its Anti-Corruption Initiative, which should help to address...
  • Why Germany should stop arming the world

    04/15/2014 5:04:38 PM PDT · by Olog-hai · 7 replies
    TheLocal.de ^ | 15 Apr 2014 16:34 GMT+02:00 | Ben Knight
    Germany’s weapons industry is booming, and even the vice chancellor’s attempt to stop selling tanks to the Saudis is a minor concession for the world’s third biggest arms exporter. But the trade is destabilizing security. […] Henrik Heidenkamp, German defense industry expert at the Royal United Services Institute, told The Local the economic value was not the point, but about nurturing Germany’s defense industry so that it will be able to supply arms to the German army and its allies. “Only a commercially viable defense industry can deliver needed equipment to the armed forces in order to sustain the national...
  • CBO: ObamaCare premiums and healthcare spending will rise by less than expected, because…

    04/15/2014 4:58:25 PM PDT · by SeekAndFind · 13 replies
    Hotair ^ | 04/15/2014 | Erika Johnsen
    The Congressional Budget Office released a report this morning that has received a lot of attention from ObamaCare’s many staunch media advocates because it essentially concludes that the cost of expanding coverage through the exchanges will be billions less than the CBO was predicting just a couple of months ago. That’s great news for the president’s crowning legislative achievement, right? Health-insurance premiums for plans sold on the Affordable Care Act’s exchanges will be lower than previously expected, according to a report released Monday by the Congressional Budget Office.The findings, by Congress’s nonpartisan spending analysts, result largely from the fact that...
  • New owners offer buyouts to Pittsburgh Heinz staff

    04/15/2014 4:00:05 PM PDT · by Olog-hai · 18 replies
    Associated Press ^ | Apr. 15, 2014 12:23 PM ET
    The new owners of H.J. Heinz Co. have offered buyouts to all workers in Pittsburgh, where the ketchup-and-food giant has been based for decades, but insist the offer doesn’t signal a plan to move the company’s headquarters. Instead, Heinz officials said the buyout is being offered because the new owners Berkshire Hathaway and Brazilian investment firm 3G Capital recognize the company’s new culture might not be “the perfect fit” for longtime Pittsburgh-based employees. Heinz officials said any workers who quit will be replaced, leaving the company with the same number of workers in Pittsburgh. …
  • Sticker shock at the steak house; beef prices highest in 27 years

    04/15/2014 3:08:00 PM PDT · by 2ndDivisionVet · 67 replies
    Edd Hendee reached into the chilled glass case containing cold cuts of steak, the classic Texas entrée upon which he built his restaurant and his fortune, proudly showing off his merchandise like a jeweler displaying his diamonds. “This is a center cut filet,” he said. “It’s the very best filet you can possibly buy. And that’s why it’s expensive.” And lately, at the Taste of Texas restaurant in west Houston, it’s become even more expensive. “When the price goes from just under $20 a pound to us wholesale to almost $25 a pound, that’s almost a $5 increase in this...
  • The Truth in Advertising Act: Can the Government Really Regulate Photoshopping?

    04/15/2014 2:28:46 PM PDT · by Daffynition · 28 replies
    AdAge ^ | April 14, 2014 | Simon Dumenco
    As I wandered through the halls of the Cannon House Office Building, a stately Beaux Arts behemoth that sits kitty-corner from the United States Capitol, I kept thinking how strange it was that I'd come to Washington, D.C., of all places, to be lectured about truth -- specifically "truth in advertising." You may be wondering: Truth? Like, truth in political advertising?
  • Yellen signals more aggressive stance toward banks

    04/15/2014 1:03:06 PM PDT · by Olog-hai · 16 replies
    Associated Press ^ | Apr. 15, 2014 2:53 PM EDT | Martin Crutsinger
    The Federal Reserve may be about to turn more aggressive in its regulation of the financial system. Fed Chair Janet Yellen suggested Tuesday that current regulatory rules might not be enough to prevent the kind of risk-taking that triggered the 2008 financial crisis and nearly toppled the entire banking system. She said the largest U.S. banks may need to hold additional capital to withstand periods of financial stress. Non-banks with deep reaches into the financial system might also need to meet tougher rules, she said. Such firms range from money market mutual funds to private equity and hedge funds. …
  • Healthy Texas Economy Causes Surge in Housing Market

    04/15/2014 12:07:18 PM PDT · by 2ndDivisionVet · 1 replies
    Breitbart's Texas ^ | April 15, 2014 | Kristin Tate
    Housing markets have remained relatively weak in many areas of the U.S., with two notable exceptions: Washington, D.C. and Texas. Overwhelming evidence suggests that while the federal government, one of the nation's largest employers, is responsible for the ever-increasing housing demand in D.C.--the private marketplace is behind Texas' boom. The Lone Star State's pro-business environment, low taxes and reliable regulation have caused businesses to flock to the state. The result has been a bountiful job market, which draws individuals and families to Texas from around the world--many are eager to purchase homes upon arrival. Fresh statistics released by the federal...
  • People who get food stamps now outnumber women who work full time

    04/15/2014 11:36:27 AM PDT · by SeekAndFind · 6 replies
    American Thinker ^ | 04/14/2014 | Rick Moran
    Here's a statstic that, taken by itself, doesn't really say much. More American are recieving government assistance for food via the SNAP program (formerly known as food stamps) than there are women working full time. CNS: In the average month of 2012, according to the Department of Agriculture, there were 46,609,000 people participating in the food stamp program (formally known as the Supplemental Nutrition Assistance Program). That contrasts with the 44,059,000 women who worked full-time, year-round in 2012, according to the Census Bureau’s report on Income, Poverty and Health Insurance Coverage in the United States. For each woman who worked...
  • New Ukrainian government pulls a Cyprus and seeks to tax bank accounts

    04/15/2014 10:23:18 AM PDT · by PieterCasparzen · 9 replies
    examiner.com ^ | 3/20/2014 | Kenneth Schortgen, Jr.
    When the Ukrainian people overthrew the duly elected President in late February, the office of Prime Minister was quickly filled by a technocrat, and member of the European banking establishment. Thus it is not surprising when on March 20, the interim Ukrainian government is going ahead with plans that follow the path of Cyprus, and are instituting a tax on bank depositors and account holders, and are bringing the program of bail-ins to the Eastern European country. ... It is not coincidence that the 'Ukrainian Winter' uprising occurred after the government chose to bypass the IMF and the EU, and...
  • Glaring limits of the Civil Rights Act: We need to redistribute wealth (Yep, he went there)

    04/15/2014 9:30:32 AM PDT · by 2ndDivisionVet · 31 replies
    Salon ^ | April 14, 2014 | Matt Bruenig
    Even if racism were wiped out tomorrow, we'd still need to address pervasive racial wealth inequality. Here's why. Although the Civil Rights Act, the landmark legislation which just reached its 50th anniversary, made great strides in desegregating the economy, economic discrimination is still widespread, and anti-discrimination legislation alone can never rectify the economic damage inflicted upon blacks by slavery and our Jim Crow apartheid regime. The Civil Rights Act was a mild reform, all things considered, but one conservatives fought with vigor and one many conservatives are still bitter about to this day. When the Civil Rights Act passed in...
  • Landrieu Reenacts Committee Hearing for Campaign Ad (Phony Hearing for a Phony Candidate)

    04/15/2014 8:40:09 AM PDT · by nhwingut · 3 replies
    The Weekly Standard ^ | 04/15/14 | Michael Warren
    Democratic senator Mary Landrieu of Louisiana is in a tough reelection battle because of her support for Obamacare. So its not surprising her latest TV ad focuses on the one high-profile fight she's had with the Obama administration, over oil and gas exploration. The 60-second spot features people watching Landrieu arguing for expanding energy exploration in Louisiana and criticizing Barack Obama for its restrictionist policies. Watch the video below: Most of the clips the ad features are from her appearances on local and cable TV news. But watch the clips of Landrieu around the video's halfway point. They feature the...
  • High Road to Serfdom

    04/15/2014 8:30:30 AM PDT · by Academiadotorg · 23 replies
    Accuracy in Academia ^ | April 15, 2014 | Malcolm A. Kline
    The startling thing about the books academics typically dismiss as relics of the past is the uncanny manner in which they anticipate the present. “Democracy extends the sphere of individual freedom,” Alexis de Tocqueville wrote in 1848. “Democracy attaches all possible value to each man while socialism makes each man a mere agent, a mere number.” “Democracy and socialism have nothing in common but one word: equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude.” The de Tocqueville quote was resurrected nearly a century later by Friedrich A. Hayek in The...
  • Google Buys Drone Company Titan Aerospace

    04/15/2014 7:37:14 AM PDT · by MeshugeMikey · 20 replies
    Business Insider ^ | APR. 14, 2014 | JAY YAROW
    Google has acquired drone maker Titan Aerospace, the Wall Street Journal reports. Titan is a New Mexico-based company that makes high-flying solar powered drones. There's no word on the price Google paid, but Facebook had been in talks to acquire the company earlier this year for a reported $60 million. Presumably, Google paid more than that to keep it away from Facebook.
  • Just 39% Think Federal Income Tax System Is Fair

    04/15/2014 7:28:17 AM PDT · by IBD editorial writer · 48 replies
    Investor's Business Daily ^ | 04/14/2014 | John Merline
    As millions of Americans rush to file their federal income tax returns on Tuesday, few will be thinking that the current tax code is the fairest one of all, according to the latest IBD/TIPP survey. Just 39% of Americans say today's income tax code — which features multiple tax brackets along with myriad deductions and exemptions — is the fairest. As to what sort of tax system would be more fair, the public hasn't made up its mind. Thirty-six percent say a flat tax is the fairest way to collect income taxes, while 19% would prefer a national sales tax....
  • Cliven Bundy's Cattle Battle: Harry Reid, China and Agenda 21

    04/15/2014 6:44:03 AM PDT · by rktman · 41 replies
    investors.com ^ | 4/14/2014 | IBD Editorial
    Land Management: A Chinese solar farm that fries birds is OK, as is redrawing tortoise habitat boundaries to benefit political donors. But an American rancher grazing his cattle brings feds with sniper rifles. It appears Nevada rancher Cliven Bundy has, at least temporarily, wonhis "range war" with the paramilitary wing of the Bureau of Land Management. Fearing another Waco, BLM has announced it will no longer enforce a court order and stop stealing Bundy's cows, called "trespass cattle" by the feds, accused of grazing free on part of the 84% of Nevada that is federal property.
  • Obama's Peace is Hell, Baby

    As Russia makes another move on its helpless neighbor Ukraine, I can't help but wonder what all the fuss is about. “In a scenario strikingly similar to the fast-paced developments in Crimea in February and March,” reports FoxNews, “western nations are accusing Russia of fomenting protests in Ukraine while Russia claims the protests are an organic response to Ukraine's failure to consider ‘the legitimate needs and interests’ of the Russian-speaking population.” Wasn't it for this very contingency that president Obama was being so flexible with Vladimir Putin? They’re pals aren't they? Or am I thinking Neville Chamberlain and Adolf...
  • American Companies Think The Unthinkable — Leaving The U.S.

    04/15/2014 5:23:36 AM PDT · by SeekAndFind · 22 replies
    IBD ^ | 04/15/2014
    Walgreen, America's venerable drug-store chain, is thinking the unthinkable: relocating to Europe. Not because it sees growth and opportunity there, but because of onerous taxes here in the U.S. It's an ominous trend. The Financial Times of London calls it "one of the largest tax inversions ever." That is, a company seeking to avoid punitive taxes in one market by moving to another. No doubt the FT is right. And after its recent $16 billion takeover of Swiss-based Alliance Boots, it would be easy for Walgreen to remake itself as a Swiss company. If it did, the Democratic Party's liberals...
  • How Being a Doctor Became the Most Miserable Profession

    04/15/2014 5:13:58 AM PDT · by SeekAndFind · 74 replies
    Daily Beast ^ | 04/15/2014
    Nine of 10 doctors discourage others from joining the profession, and 300 physicians commit suicide every year. When did it get this bad? By the end of this year, it’s estimated that 300 physicians will commit suicide. While depression amongst physicians is not new—a few years back, it was named the second-most suicidal occupation—the level of sheer unhappiness amongst physicians is on the rise. Simply put, being a doctor has become a miserable and humiliating undertaking. Indeed, many doctors feel that America has declared war on physicians—and both physicians and patients are the losers. Not surprisingly, many doctors want out....
  • Brandeis, Female Mutilation and the Falsehoods of a Faculty Petition

    04/15/2014 3:50:51 AM PDT · by markomalley · 5 replies
    Frontpage ^ | 4/15/2014 | Jamie Glazov
    Last Tuesday, on April 8, Brandeis University rescinded its invitation to human rights activist Ayaan Hirsi Ali to receive an honorary degree from the institution. Brandeis caved in the face of intimidation from CAIR and other Muslim Brotherhood front groups, as well as a student petition on Change.org and a faculty petition – the contents of which have now become known.The faculty petition is a textbook case of leftist pathology and of how “progressives” demonize true heroic freedom fighters and push millions of victims of totalitarian regimes and ideologies into invisibility for the sake of their own egotistical and destructive agendas.A...
  • Progressive Insurance (The right ideological credentials mean never having to say you’re sorry)

    04/15/2014 3:47:01 AM PDT · by markomalley · 13 replies
    National Review ^ | 4/15/2014 | Victor Davis Hanson
    How do you ensure that you won’t be ostracized, denounced, or fired if you are a media celebrity, captain of industry, or high public official? For some, sexist banter is certainly no problem. Stand-up comedian Bill Maher called Sarah Palin a c–t and a tw-t, but suffered no ill consequences. David Letterman joked on air that Sarah Palin’s 14-year-old daughter had had sex with Alex Rodriguez during a New York Yankees game. There was no downside to that either. President Obama tosses around “sweetie” as he wishes. No problem with that. No one believes Barack could be condescending to women....
  • Saving the Nevada Tortoise

    04/15/2014 2:11:51 AM PDT · by Cincinatus' Wife · 3 replies
    American Thinker via Aftermath ^ | April 15, 2014 | Richard Terrell, Aftermath
  • Minnesota joins states raising minimum wage

    04/15/2014 12:34:01 AM PDT · by Olog-hai · 14 replies
    Associated Press ^ | Apr 14, 2014 6:33 PM EDT | Brian Bakst
    Tens of thousands of Minnesota workers have big raises coming their way, courtesy of a new minimum wage law that Gov. Mark Dayton signed Monday, which will take the state from one of the nation’s lowest rates to among the highest. At a ceremony in the Capitol’s Rotunda, Dayton hailed the hourly jump of more than $3 spread over the next few years as providing “what’s fair” for hard work put in. He said he has been stunned by GOP resistance—it passed the Legislature with only Democratic votes—to increasing the guaranteed wage from $6.15 per hour now to $9.50 by...
  • Medical pot measure could boost Fla. Democrats

    04/14/2014 11:40:48 PM PDT · by Olog-hai · 13 replies
    Associated Press ^ | Apr 14, 2014 2:44 PM EDT | Michael J. Mishak
    Tied to an unpopular president and his signature health care law, Democrats in the nation’s largest swing state see medical marijuana as a potential antidote to political malaise in this year’s midterm elections. Party operatives are pushing a constitutional amendment that would make Florida the first state in the South to legalize some pot use. Polls show the measure has widespread public support, and it’s particularly popular among young voters—a critical part of the Democratic coalition with historically weak turnout in non-presidential election years. “I wish that it didn’t take medical marijuana on the ballot to motivate our young voters,”...
  • Down and Out: Single fact explains why black Americans have a hard time climbing the economic ladder

    04/14/2014 9:57:05 PM PDT · by 2ndDivisionVet · 53 replies
    Slate ^ | April 3, 2014 | Jamelle Bouie
    “We didn’t run from where we grew up. We aren’t afraid to be associated with the people who came up with us.” That’s Richard Sherman of the Seattle Seahawks writing in defense of his friend, DeSean Jackson, who was cut from the Philadelphia Eagles amid reports of gang ties. Sherman isn’t trying to litigate the allegations or exonerate Jackson—he doesn’t know the details. But he doesn’t think it’s wrong for Jackson to associate with the men from his childhood. And why would it be? Yes, some of them have criminal records—and for some, that includes gang activity—but leaving home is...
  • How the Obama administration turned the latest IPCC report into meaningless gobbledegook

    04/14/2014 9:23:26 PM PDT · by 2ndDivisionVet · 2 replies
    Breitbart's London ^ | April 14, 2014 | James Delingpole
    Even by the Intergovernmental Panel on Climate Change's own lamentable standards, its new report - by Working Group III of the Fifth Assessment Report - makes no sense whatsoever. Perhaps it never did but what definitely made it worse was the politicised meddling of the Obama administration. Before the report's formal release, US officials - who had seen an earlier draft - wrote to the United Nations demanding it be amended. "The discussion of the economic costs of mitigation is too narrow and does not incorporate co-benefits of action." Loosely translated this means: "If we admit how much we're spending...
  • PHOTOS: This Groundbreaking 3D Printer Built 10 Homes in 24 Hours

    04/14/2014 9:05:17 PM PDT · by 2ndDivisionVet · 42 replies
    RYOT ^ | April 14, 2014 | Oliver Micheals
    From Oreos to body parts, 3D printers have been cranking out some pretty unbelievable stuff lately. But in Shanghai, WinSun Decoration Design Engineering Co. has been using a monstrous printing device to build homes at a breakneck pace — 10 homes in 24 hours. Measuring out at roughly 105 feet long, 33 feet wide, and 21 feet tall, this clearly isn’t your average retail printer. Unlike most 3D printers, this printing giant is fed with cement rather than plastic, making it especially well-suited for home construction. The best part is the houses are super cheap to make and they’re made...
  • Ads attacking Ricketts, Bruning pose negative campaigning

    04/14/2014 8:47:39 PM PDT · by ObamahatesPACoal · 3 replies
    KETV ^ | Adrian Whitsett
    Six Republican candidates are seeking support for their run for Nebraska governor, but two hopefuls are seeing negative words used against them With the primary just a month away, there has been a war of words with Pete Ricketts and Jon Bruning on television screens. “Fact is Ricketts supported amnesty for people here illegally, even said so 17 times,” an advertisement says. “I've never been for amnesty, never will be for amnesty,” Ricketts said. “Bruning claims he wants lower taxes, but he supported a higher sales tax,” another advertisement says.
  • Walgreen pressured to move headquarters to Europe

    04/14/2014 7:22:09 PM PDT · by Olog-hai · 8 replies
    Chicago Tribune ^ | 4:20 p.m. CDT, April 14, 2014 | Peter Frost
    Walgreen Co. is under pressure from a group of shareholders to move its corporate headquarters to Europe to take advantage of tax benefits, the Financial Times reported. Shareholders owning about 5 percent of the company’s shares lobbied Deerfield-based Walgreen’s management to use its 45 percent ownership stake in Swiss-based Alliance Boots GmbH to change its legal base to Europe, the financial daily said. Walgreen, the nation’s largest drugstore chain, plans to complete the takeover of Alliance Boots, which runs Europe’s largest pharmacy chain, in 2015. …
  • Regaining Middle America - Republicans must stop putting moneyed interests ahead of the American...

    04/14/2014 7:06:19 PM PDT · by neverdem · 47 replies
    National Review Online ^ | APRIL 14, 2014 | Robert W. Patterson
    Republicans must stop putting moneyed interests ahead of the American family.Now taking his third shot at the Republican nomination for the U.S. Senate from New Jersey, Jeffrey Bell has spent his career warning of the risks of kicking the cultural leg out from under Ronald Reagan’s coalition of defense, economic, and social conservatives. Indeed, his 2012 magnum opus, The Case for Polarized Politics, argues that social conservatism, rooted in the moderate Enlightenment that informed the Founders, is indispensable to American exceptionalism and to any Republican resurgence in our time. But the political theorist overstates the ability of even the most...
  • Missouri Opts For More Jobs In Its Move To Become A Right-To-Work State

    04/14/2014 5:29:09 PM PDT · by jazusamo · 12 replies
    Invetores.com ^ | April 14, 2014 | IBD Editorial
    Labor: Missouri's legislature votes this week on whether to become a right-to-work state. More hiring is the goal, and if any state needs a jobs pick-me-up, it's the Show Me State. Missouri lost 24,000 jobs in 2009, 2010 and 2011, even as many surrounding states gained employment. Labor bosses, of course, detest right-to-work laws and brand them as anti-union. Wrong. Right-to-work laws don't prohibit unions; they merely allow workers the choice of whether they want to join a union and pay dues. Many workers select not to join a union because they personally object to the political advocacy of the...
  • EBRD approves €350 million financing for Ukraine projects

    04/14/2014 3:00:50 PM PDT · by PieterCasparzen
    Today the Board of Directors of the European Bank for Reconstruction and Development (EBRD) has approved two projects for Ukraine, amounting to €350 million. ... The first project is a €150 million framework facility, which will support the Bank’s existing clients in Ukraine’s real sector. The facility will help Ukrainian companies address their liquidity and working capital needs as well as overcome difficulties and constraints caused by the financial crisis and the reduced availability of external funding. It is expected that the facility will restore confidence and appetite for future projects in Ukraine among foreign and domestic investors. ... The...
  • Sen. Reid on Cattle Battle: "It's not over"

    04/14/2014 2:01:23 PM PDT · by Timber Rattler · 73 replies
    MyNews4.com ^ | April 14, 2014 | MyNews4.com
    Senate majority leader Harry Reid hasn't been very vocal about the cattle battle showdown in recent days, but says "it's not over."
  • Obama has Proposed 442 Tax Hikes Since Taking Office

    04/14/2014 1:34:50 PM PDT · by upbeat5 · 9 replies
    CNSNews.com ^ | April 14, 2014 | John Kartch
    Since taking office in 2009, President Barack Obama has formally proposed a total of 442 tax increases, according to an Americans for Tax Reform analysis of Obama administration budgets for fiscal years 2010 through 2015. The 442 total proposed tax increases does not include the 20 tax increases Obama signed into law as part of Obamacare. "History tells us what Obama was able to do. This list reminds us of what Obama wanted to do," said Grover Norquist, president of Americans for Tax Reform. The number of proposed tax increases per year is as follows: 79 tax increases for FY...
  • EDITORIAL: Paying the ObamaCare premium (Insurance News Net)

    04/14/2014 12:22:33 PM PDT · by Brad from Tennessee · 6 replies
    Insurance News Net ^ | April 14, 2014 | Pittsburgh Tribune Review
    April 14--Contrary to the Obama administration's empty assurances, ObamaCare-related premiums are not on pace for merely a slight increase next year. Health insurance officials tell The Hill newspaper that patients could see their fees double in some parts of the country. Their response follows comments by former Health and Human Services Secretary Kathleen Sebelius, who told Congress that rates in 2015 will rise slowly. "The increases are far less significant than what they were prior to the Affordable Care Act," she said. Fat chance, according to industry insiders, who spoke on the condition of anonymity -- no doubt in response...
  • UN: It’s not too late to save the planet, but only if everybody does everything we tell them to

    04/14/2014 12:02:19 PM PDT · by SeekAndFind · 27 replies
    Hotair ^ | 04/14/2014 | Erika Johnsen
    The United Nations’ Intergovernmental Panel on Climate Change finally did their big reveal on Sunday of the already-leaked third installment of their four-part climate-change report jointly composed by every big-wig climate scientist, progressive economist, and globalist politician they can scrape together, and surprise: It includes just about every type of dire warning and urgent recommendation we’ve been hearing for decades on decades now. Nutshell version: The world is only a matter of years away from all-consuming calamity, but if every country could just bite the bullet and immediately commit to aggressively decelerating their own domestic economies in concert with global...
  • Politics Test Silicon Valley's Russian Ties

    04/14/2014 11:53:13 AM PDT · by nickcarraway · 3 replies
    NBC Bay Area ^ | Sunday, Apr 13, 2014 | Martha Mendoza
    Entrepreneurs and investors say Silicon Valley's fast-growing financial ties with Russia's tech sector are being slowed down by current political tensions between the White House and the Kremlin. "It's safe to say a lot of investors here are taking a step back to see how the situation will unfold," said Alexandra Johnson, who manages a $100 million venture fund called DFJ VTP Aurora, a Menlo Park, Calif., branch of Russian bank VTB.
  • Food Stamp Recipients Outnumber Women Who Work Full-Time

    04/14/2014 10:19:37 AM PDT · by SkyPilot · 49 replies
    CNS News ^ | 14 April 14 | Terence P. Jeffrey
    People participating in the food stamp program outnumbered the women who worked full-time, year-round in the United States in 2012, according to data from the Department of Agriculture and the Census Bureau. In the average month of 2012, according to the Department of Agriculture, there were 46,609,000 people participating in the food stamp program (formally known as the Supplemental Nutrition Assistance Program). That contrasts with the 44,059,000 women who worked full-time, year-round in 2012, according to the Census Bureau’s report on Income, Poverty and Health Insurance Coverage in the United States. For each woman who worked full-time, year-round in 2012,...
  • Dark side of ND's oil boom: Meth, heroin, cartels _ all part of growing drug trade

    04/14/2014 9:57:30 AM PDT · by TurboZamboni · 30 replies
    Star Tribune ^ | 4-14-14 | Administration Propaganda
    WILLISTON, N.D. — The blood-drenched man had survived a brutal attack: Beaten with brass knuckles, shocked with a stun gun, slashed with a razor blade, then dumped 40 miles away in Montana, he staggered to a farmhouse for help. His path eventually led authorities back to a quiet backyard in this oil boom town. What they uncovered was a large-scale methamphetamine ring that had found a home in a state long known for its small-town solitude, its slow pace and peaceful pastures. The members of this violent gang were all relative newcomers to Williston. They called themselves "The Family," the...
  • Davis-Bacon: The Price-Fixing Conspiracy That The Feds Mandate

    04/14/2014 9:19:19 AM PDT · by reaganaut1 · 5 replies
    Forbes ^ | April 10, 2014 | George Leef
    Lately, labor law issues have been much in the news, including the vote against the UAW at Volkswagen’s Chattanooga plant, and the ruling that college football players are free to unionize. And on March 31, another federal labor statute was the focal point of a court decision, namely the Davis-Bacon Act. Here is the background on the law. In 1931, Republican Congressman Robert Bacon (NY) teamed up with Republican Senator James Davis (PA) to push through a bill to rectify an egregious wrong (at least as they and some of their constituents saw things) – that construction contractors were choosing...
  • Nevada Cattle Rancher Wins ‘Range War’ With Feds

    04/14/2014 8:14:59 AM PDT · by Kaslin · 165 replies
    Townhall.com ^ | April 14, 2014 | Nick Sorrentino
    This is the power of social media. This is the power of personal video cameras. This is the power of citizen journalists. And the next time Senator Feinstein calls for “licencing” only “legitimate journalists,” that the 1st Amendment only extends to people who work at the New York Times, Washington Post, or MSNBC, remember this moment. This is how the bullies with the power, the cronies and their allies, are turned back. Dianne Feinstein First Amendment Is A Special Privilege This is not about a rancher owing the Bureau of Land Management money. This is about a federal government which...
  • All the Presidents' Bankers: The Hidden Alliances that Drive American Power

    04/14/2014 8:05:08 AM PDT · by Yollopoliuhqui · 12 replies
    Amazon ^ | recent | Nomi Prins
    Who rules America? All the Presidents’ Bankers is a groundbreaking narrative of how an elite group of men transformed the American economy and government, dictated foreign and domestic policy, and shaped world history. Culled from original presidential archival documents, All the Presidents’ Bankers delivers an explosive account of the hundred-year interdependence between the White House and Wall Street that transcends a simple analysis of money driving politics—or greed driving bankers. Prins ushers us into the intimate world of exclusive clubs, vacation spots, and Ivy League universities that binds presidents and financiers. She unravels the multi-generational blood, intermarriage, and protégé relationships...
  • Gender Pay Data Gap

    04/14/2014 7:28:05 AM PDT · by Academiadotorg · 4 replies
    Accuracy in Academia ^ | April 11, 2014 | Malcolm A. Kline
    On Monday, at the Center for American Progress (CAP), a trio of scholars alternately claimed that there is a gender pay gap and insisted that we need to pass laws to get data to prove that there is. “How do we find out if there is any discrimination without pay data?,” Georgetown’s Ed Montgomery asked on a panel at CAP. Montgomery, who also worked in the Clinton Administration, asserted that there are ways to collect such data while maintaining privacy. Only at CAP would such an assurance not be met with skepticism in the wake of scandals involving violations of...
  • Sharyl Attkisson Tells Fox: Book Will Focus on Obama's 'Aggressive' Use of 'Obstruction...

    04/14/2014 7:15:38 AM PDT · by rktman · 12 replies
    Newsbusters.org ^ | 4/13/2014 | Tim Graham
    Recently departed CBS News reporter Sharyl Attkisson appeared with Howard Kurtz on Fox's Media Buzz on Sunday. Kurtz said her forthcoming book is titled “Stonewalled: My Fight for Truth Against the Forces of Obstruction, Intimidation, and Harassment in Obama’s Washington.” Kurtz asked her to define those forces. "I think any journalist who has been covering Washington for a few years would agree… that there is pressure coming to bear on journalists for just doing their job in ways that have never come to bear before."
  • Agreeing with Leftists (Sort of) about the World’s Sixth-Largest “Tax Haven”

    04/14/2014 7:05:01 AM PDT · by Kaslin · 2 replies
    Townhall.com ^ | April 14, 2014 | Daniel J. Mitchell
    To put it mildly, I’m not a fan of the so-called Tax Justice Network. In a moment of typical understatement, I referred to the U.K.-based group as “…a bunch of crazy Euro-socialists.” And to give you an idea of why I don’t like them, here’s some of what I wrote about them two years ago. …the Tax Justice Network [is] closely allied withgovernments in left-wing nations such as France, and they share the same goals asstatist international bureaucracies such as the Paris-based Organization for Economic Cooperation and Development. If they succeed in crippling tax competition and setting up some sort...
  • Ten Welfare-Reform Lessons (From New York City)

    04/14/2014 7:01:19 AM PDT · by SeekAndFind · 6 replies
    National Review ^ | 04/14/2014 | Robert Doar
    New York City’s welfare system is managed out of a boxy 25-story office building on Water Street in Lower Manhattan. Approximately 5,000 employees work there, directing government programs that provide billions of dollars of taxpayer-funded assistance to the poor and near-poor. A solid majority of the workers at 180 Water Street are African-American or Latino; their voter registration is almost certainly overwhelmingly Democratic; and all but about 300 of them are union members. But from 1995 until this past December, the people who worked in New York’s principal social-services agency were leading one of the most conservative and successful welfare...
  • Readers respond to recent letters on minimum wage

    04/14/2014 6:57:03 AM PDT · by Phillyred · 19 replies
    To the Editor: First, we thank Matt Cooley for his research and links to interesting information about minimum wage impacts — or should we say, non-impacts — in his March 30 letter. We also feel called to respond to S. Douglas Leard’s letter of March 23. Why not celebrate when others have the chance to get a little more reinforcement for the work they do — especially when these chances are few and far between? Instead of begrudging or wailing about people making a minimum wage of $10 an hour (less than $23,000 a year), our outrage and energy might...