Business/Economy (News/Activism)

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  • Kirk Sorensen: An Update On The Thorium Story China sprints while the West slumbers

    08/31/2014 9:20:43 PM PDT · by ckilmer
    peakprosperity ^ | Sunday, August 31, 2014, 11:54 AM | Adam Taggart
    Home Podcast   concept w/Shutterstock iTunes | Download | Report Problem Kirk Sorensen: An Update On The Thorium Story China sprints while the West slumbers by Adam Taggart Sunday, August 31, 2014, 11:54 AM   Two years ago, we interviewed Kirk Sorensen about the potential for thorium to offer humanity a safe, cheap and abundant source of energy.He is an active advocate for developing liquid fluoride thorium reactor (LFTR) technology, the details of which were covered in our earlier podcast: A Detailed Exploration of Thorium's Potential As An Energy Source. That interview concluded with Kirk's observation that the West...
  • Indian-Americans Pay A Price For Running Convenience Stores (Diaspora Feature)

    08/31/2014 8:55:30 PM PDT · by 2ndDivisionVet · 19 replies
    Silicon India News ^ | August 31, 2014
    Back in 2006, Joe Biden, then a Senate candidate ran into trouble for a remark that "you cannot go to a 7-Eleven or a Dunkin' Donuts unless you have a slight Indian accent." Gaffe-prone Biden got away by explaining that it wasn't a racial slur but "was meant as a compliment" for the "vibrant Indian-American community" making "a significant contribution to the national economy as well." A spin or not, Biden who went on become vice president in 2008, was speaking a home truth as according to the Asian-American Convenience Store Owners Association its 50,000 members own over 80,000 convenience...
  • Corporations Join Droves Renouncing US Citizenship

    08/31/2014 8:08:24 PM PDT · by SeekAndFind · 8 replies
    Casey Research ^ | 08/30/2014 | Nick Giambruno, Senior Editor, InternationalMan.com
    Dont be surprised to lose if you dont make an effort at being competitive.And if you go out of your way to make yourself less competitive, expect to lose.If that sounds like simple common sense, thats because it is.But its also exactly what the US has been doing for yearsenacting tax policies that sabotage its global economic competitiveness.Its like trying to get in shape for a marathon by going on an all-McDonalds diet. (Speaking of McDonalds, check out this funny video spoof of what their commercials should really look like.)Here are two major reasons why the US is lagging in...
  • America is so over homeownership: Why the shift to a renting economy might actually be a good thing

    08/31/2014 7:53:15 PM PDT · by SeekAndFind · 57 replies
    SALON ^ | 08/30/2014 | HENRY GRABAR
    Between 1970 and 1990, the population of Philadelphia shrank by a quarter, dropping from 1.95 to 1.59 million. Like many American cities, it seemed caught in a downward spiral. Since then like many American cities Philadelphia has stabilized. The population now appears to have bottomed out at the millennium, and has been regaining residents over the past decade. But as it rebounds, Philly is becoming a different kind of city. In the two most recent decades, which comprise the bounce of the citys population curve, owner-occupied housing dropped even more steeply than in the 70s and 80s. Between...
  • Tesla Motors Dealing as States Play Factory Poker

    08/31/2014 5:13:27 PM PDT · by EveningStar · 35 replies
    AP via ABC News ^ | August 31, 2014 | Justin Pritchard
    From the start, little has been typical about Tesla Motors' plan for a $5 billion factory to make batteries for a new generation of electric cars. It's not just the project's massive scale, the cutting-edge technology, or even the bonanza of 6,500 good-paying jobs. It's how Tesla is deciding where to build. Through a series of unusual plays, Tesla has five states bidding up subsidy packages to land the coveted plant. The winner is expected to offer the luxury car-maker publicly financed incentives exceeding a half-billion dollars.
  • A Lower Corporate Rate Is a Practical And Good Response to Inversions

    08/31/2014 2:59:41 PM PDT · by Kaslin · 14 replies
    Townhall.com ^ | August 31, 2014 | Daniel J. Mitchell
    It boggles the mind to think that the United States now has the highest corporate tax rate in the industrialized world. But it’s even more amazing that America arguably has the most punitive corporate tax rate in the entire world.Here’s some of what I wrote on the topic for today’s U.K.-based Telegraph. …the United States has the highest corporate tax rate in the developed world (and the highest in the entire world, according to KPMG, if you ignore the United Arab Emirates’ severance tax on oil companies). …The central government in Washington imposes a 35pc rate on corporate income, with...
  • Mary Landrieu And Her House Of Cards

    08/31/2014 2:38:18 PM PDT · by Kaslin · 41 replies
    Townhall.com ^ | August 31, 2014 | Jeff Crouere
    This election has been most difficult for U.S. Senator Mary Landrieu (D-LA) with one mistake after another taking her off message. First it was discovered that she was charging taxpayers for at least four campaign flights. Her embarrassing mistakes were not something Louisiana voters should expect from a Senator with so much experience. Mary Landrieu has been in political office since 1979 and has served in the U.S. Senate since 1997. It is inexcusable for Landrieu not to know that taxpayers should not be charged for campaign air travel. Her latest stumble involves residency. When qualifying for re-election, Landrieu used...
  • Feds May Reimburse Medicare 'End-of-Life Discussions' After Mocking Palin's 'Death Panels'

    08/31/2014 2:36:43 PM PDT · by 2ndDivisionVet · 20 replies
    Breitbart's Big Government ^ | August 31, 2014 | Tony Lee
    Years after former Alaska Governor Sarah Palin was mocked for being concerned about "death panels," the federal government may reimburse Medicare doctors for end-of-life consultations that critics say would only encourage sick patients to reject costly treatments to prolong life. The New York Times reports that "Medicare may begin covering end-of-life discussions next year if it approves a recent request from the American Medical Association," which is "the countrys largest association of physicians and medical students" and creates "billing codes for medical services, codes used by doctors, hospitals and insurers." According to the Times, the group "recently created codes for...
  • Obamacare Fine Print: Beware the Medicaid and Medi-Cal Clawbacks and Liens

    08/31/2014 2:24:20 PM PDT · by Kaslin · 11 replies
    Townhall.com ^ | August 31, 2014 | Mike Shedlock
    Obamacare greatly expanded Medicaid coverage, but there is a hidden gotcha that may come back and haunt your heirs for benefits you receive from age 55-64. This is not new news, but few read and understand the "fine print". In a warning about the "fine print" and in response to Moral Dilemma: Should a Libertarian Who Does Not Need Food Stamps, but Qualifies for Them, Take Them? reader "TL" writes ... Hello Mish, Your friend Steven may want to carefully research taking Medi-Cal benefits. Medi-Cal, and many other state Medicaid programs include a claw-back provision for recovery of costs incurred...
  • Having solved all other problems, Obama to fix your dishwasher

    08/31/2014 6:56:17 AM PDT · by SeekAndFind · 64 replies
    Hotair ^ | 08/30/2014 | Jazz Shaw
    I guess he really was multitasking out on the golf course. The President’s team has been hard at work behind the scenes, coming up with a strategy … well, maybe we should say plan, to address the nation’s many challenges. Spurred by President Obama’s climate action plan, the Department of Energy is pumping out new standards for refrigerators, dishwashers, air conditioners, ceiling fans, furnaces, boilers, water heaters, lamps and many more appliances.The administration says the standards will not only help the planet but also stimulate the economy by saving consumers money on their energy bills that they can spend...
  • Slow wage growth threatens California economic recovery, report finds

    08/31/2014 3:27:10 AM PDT · by blueplum · 15 replies
    Los Angeles Times ^ | August 30, 2014 11:45pm | Chris Kirkam
    Californias economic recovery has featured a growing share of lower-wage jobs, raising concerns about the opportunities for middle-class workers hit hard by the Great Recession, a new analysis finds. The California Budget Project, a nonprofit economic research group, analyzed decades of state labor data to find that low- and middle-wage workers have seen significant pay declines over the last decade. Local and state government jobs -- traditionally a reliable source of middle-class employment -- have been particularly slow to recover. -snip- Looking ahead, low-wage jobs are forecast to be one of the fastest-growing segments of the workforce. The state expects...
  • Up Up and Away: Commercial Drone Market Ready for Take Off

    08/31/2014 3:04:27 AM PDT · by 2ndDivisionVet · 13 replies
    iMedia Connection ^ | August 30, 2014 | Neal Leavitt, president, Leavitt Communications
    Drone proponents prefer using the term Unmanned Aerial Vehicle (UAV) or UAS for Unmanned Aerial System (latter term includes the entirety of the flying vehicle and the ground-base communications connection connecting the two). Whatever your preferred verbiage is, drones are poised to become a huge global business and the aerial devices are going to have a significant impact across a wide variety of industries. Historically, the military has been the biggest user/purchaser of drones; The Wall Street Journal estimated that the U.S. military spent about $3 billion on drone programs in 2012. And many aerospace companies continue to develop highly...
  • Looting Is Good

    08/31/2014 12:49:00 AM PDT · by 2ndDivisionVet · 36 replies
    Townhall ^ | August 31, 2014 | Paul Jacob
    Listen to the experts. Challenge yourself to understand that looting isnt bad, and shouldnt be viewed as a violation of the rights of an innocent person or persons or a frontal assault on the essence of civilization itself. No, looting and rioting are important human expressions for change that should be protected and celebrated. And perhaps subsidized via a pilot federal program. Sadly, as Yamiche Alcindor reports for USA Today. When protesters burned down a convenience store near where a police officer fatally shot Michael Brown, many condemned it. Oh, dear, how small-minded of them. Thankfully, experts say the ensuing...
  • Comment Period for USFWS Proposed Peninsula Bear Hunting Closure Ends [Alaska]

    08/30/2014 9:47:46 PM PDT · by george76 · 5 replies
    Alaska Native News ^ | Aug 28, 2014
    With the public hearing in Soldotna last night, the public comment period on the proposal to close the Fall 2014 and Spring 2015 Brown Bear hunting season on the Kenai Peninsula comes to an end. In a release yesterday, the Governors office said, Federal land managers have again proposed limiting Alaskans access to a state resource, the proposed closure is not justified by either resource protection concerns or federal policy. I strongly urge the Service to reconsider this action and allow state-authorized hunting to continue on the refuge. ... The decision to temporarily close the Brown Bear season on the...
  • Obama turns 'prepper,' warns of coming 'crisis' 'Families should assemble a disaster supplies kit'

    08/30/2014 8:58:57 PM PDT · by Perseverando · 119 replies
    WND ^ | August 29, 2014 | Bob Unruh
    President Obama on Friday turned prepper, with a proclamation regarding National Preparedness Month that warned emergencies, from hurricanes and wildfires to cyber and terrorist attacks, can strike anywhere at any time. In his proclamation, he said each household should have its own plan. Before emergencies occur, we must make sure we are ready to respond, and it is every Americans responsibility to be prepared. There are simple but important steps we can all take to ensure we know what to do and have what we need in the event of a crisis. National Preparedness Month is an opportunity to talk...
  • Another For-Profit College Bites The Dust

    08/30/2014 8:26:41 PM PDT · by 2ndDivisionVet · 6 replies
    The Daily Caller ^ | August 30, 2014 | Blake Neff
    Nearly 10,000 students across the country are facing an uncertain future following the sudden collapse of another for-profit college system this week. After a summer which saw the dramatic collapse of Corinthian Colleges, fellow for-profit education company Anthem Education is rapidly closing its doors after the company filed for bankruptcy this week. Prior to filing for bankruptcy, Anthem Education had no fewer than 34 different campuses around the country. That number is in rapid free fall, with nine campuses shutting down Friday after the Department of Education failed to approve a deal that would temporarily keep them open. Anthems collapse...
  • Clinics secular nature intact (Catholics cave!)

    08/30/2014 5:10:50 PM PDT · by narses · 27 replies
    The Socialist-Review ^ | 8/30/2014 | Addy Hatch
    Religious directives that some worried could restrict medical care at a new health clinic preparing to open on the Washington State University Spokane campus are being jettisoned. The announcement Friday by Providence Health & Services comes two days after the American Civil Liberties Union expressed concern about the clinics bylaws and asked WSU regents to address the matter at their Sept. 11 meeting. The Spokane Teaching Health Center is a consortium of Providence, WSU Spokane and the Empire Health Foundation. Its expected to open on the WSU Spokane campus in 2016, and regents will consider selling $15 million in revenue...
  • Investment & Finance Thread (Labor Day week edition)

    08/30/2014 3:08:28 PM PDT · by expat_panama · 19 replies
    Weekly investment & finance thread ^ | Aug. 29, 2014 | Freeper Investors
    This morning looking in today's Real Clear MarketsGet I got a real kick out of this link that appeared : Kick Off Labor Day Weekend With Some Depressing Charts - Quartz. What the Quartz guys were wetting their pants over was how employee pay % total Gross Domestic Income was falling. Here's a plot of the numbers they stole from the American Tax Payer supported BEA.gov:(Note: Freepers can't post Quartz articles because of an alleged copyright complaint) Apparently what's really got them upset is that the evil capitalist is exploiting the American Worker and the the share for evil...
  • California Dem moves to outlaw some civilian body armor

    08/30/2014 2:39:58 PM PDT · by 2ndDivisionVet · 49 replies
    Hot Air ^ | August 30, 2014 | Jazz Shaw
    Bob Owens at Bearing Arms talks about a new piece of Democrat legislation which, rather than trying to ban various types of weapons, seeks to restrict civilians from using certain classes of body armor. These anti-gun Democrats keep failing to stop us from having guns and so they seem intent on making sure that we cannot defend ourselves against theirs. HR 5344, the laughably titled Responsible Body Armor Possession Act, is nothing more or less than attempt ban Level III and higher body armor that can defeat most common rifle ammunition, such as the steel plate armor sold by AR500...
  • Extreme Austrians Advocate Do Nothing to Stop the 2008 Meltdown

    08/30/2014 1:34:48 PM PDT · by Kaslin · 54 replies
    Townhall.com ^ | August 30, 2014 | Mark Skousen
    Doing nothing new and simply working with pre-existing [federal bankruptcy] procedures would have been much better than anything weve done so far.Harvard Professor Jeffrey Miron, The Case for Doing Nothing, July 10, 2009Ive been a big fan of the Austrian school of economics and have written books on the subject, including The Structure of Production and the first purely Austrian textbook, Economic Logic. The ideas and policies of giants like Ludwig von Mises and Friedrich Hayek have much to offer the world. They are better than other schools in identifying the imbalances in the global economy that can cause trouble...
  • An Italian Doctor Joins the Bureaucrat Hall of Fame

    08/30/2014 1:10:26 PM PDT · by Kaslin · 3 replies
    Townhall.com ^ | August 30, 2014 | Daniel J. Mitchell
    In April of 2013, I introduced a Moocher Hall of Fame to “celebrate” some very odious examples of welfare dependency.Since that time, I keep thinking that it’s time to do something similar for government bureaucrats. This compilation from last December would be a good place to start, though I’d have to figure out whether to have group memberships so that we could include the bureaucrats at the Patent and Trademark Office who get paid to watch TV, as well as the paper pushers at the Department of Veterans Affairs who got big bonuses after creating secret waiting lists that led...
  • Holders Justice Dept Uses Bank Settlements to Fund Democrat Nonprofits

    08/30/2014 12:29:28 PM PDT · by Kaslin · 47 replies
    Townhall.com ^ | August 30, 2014 | Michael Schaus
    Once again, our Chicago-style Attorney General has proven that corruption is the basic foundation upon which the modern Democrat Party is built. Eric Holder, the nation’s top extortionist officer, has been running around the financial sector suing banks for anything (and everything) he can get away with. Ally Bank paid millions for alleged racist lending practices (an allegation the DOJ made without ever looking at loan portfolios), JP Morgan has shelled out billions for various anti-Obama comments regulatory infractions, and Bank of America just paid a $16.6 billion fine for their government-mandated role in the financial crises of 2008.Aside from...
  • Do You Want to Know Why Theres No ISIS Strategy?

    08/30/2014 12:10:34 PM PDT · by afraidfortherepublic · 55 replies
    The White House Dossier ^ | 8-30-14 | Keith Koffler
    If you want to get some idea about why President Obama has not formulated a strategy for defeating ISIS, take a look at . . . Thursday. Yes, Thursday. On Wednesday night, reporters were given Obamas Thursday schedule. It did not mention a meeting between Obama and his national security advisors. Just before 10:00 am, we received word that he would convene a meeting with the National Security Council at 4:00 pm sharp. It sounded portentous. Such meetings arent normally scheduled so hastily or announced to reporters. Then, at about 1:45 pm, 45 minutes after the daily briefing was supposed...
  • Battery Economics The story of Elon Musk and GMs race to build the first mass-market electric car

    08/30/2014 11:30:35 AM PDT · by ckilmer · 94 replies
    One of the hottest clashes in technology pits two pathmakers in the new era of electric carsTesla and General Motors. Both are developing pure electrics that cost roughly $35,000, travel 200 miles on a single charge, and appeal to the mass luxury market. The stakes are enormous. Most electrics have less than 100 miles of range. Experts regard 200 miles as a tipping point, enough to cure many potential electric-car buyers of range anxiety, the fear of being stranded when their battery expires. If GM and Tesla crack this, sales of individual electrics could jump from 2,000 or 3,000 vehicles...
  • Minds in the Dumps

    08/30/2014 10:57:38 AM PDT · by Kaslin · 6 replies
    Townhall.com ^ | August 30, 2014 | Charles Payne
    “We don’t want to put the cart before the horse.”- President ObamaOur Commander-in-Chief explaining that there is no current plan for dealing with the terror group, ISIS, beyond our containment efforts is the kind of thing that hurts the overall mood of the nation. But is disappointment with our elected leaders and slow recovery enough to explain why Americans are so glum? We are really down in the dumps, and it’s not just the fact summer is almost over.The market is rocking, housing is coming back, and unemployment is plunging… those are common headlines from the New York Times and political...
  • Tax forms could pose challenge for HealthCare.gov

    08/30/2014 10:55:08 AM PDT · by matt04 · 4 replies
    If you got health coverage through President Barack Obama's law this year, you'll need a new form from your insurance exchange before you can file your tax return next spring. Some tax professionals are worried that federal and state insurance marketplaces won't be able to get those forms out in time, creating the risk of delayed tax refunds for millions of consumers. The same federal agency that had trouble launching HealthCare.gov last fall is facing the heaviest lift. The Health and Human Services Department must send out millions of the forms, which are like W-2s for people getting tax credits...
  • US Consumer Spending Unexpectedly Dips; Zero for 79

    08/30/2014 10:46:13 AM PDT · by Kaslin · 17 replies
    Townhall.com ^ | August 30, 2014 | Mike Shedlock
    Mainstream media headlines in the last two days offer an amusing look at GDP forecasts. GDP Stronger Than Expected Yesterday, the Financial Times reported US Rebound Stronger than First Thought. The US economy’s second quarter bounce was stronger than previously thought, with the official annualised growth estimate increased from 4 per cent to 4.2 per cent. The revision is more evidence of robust underlying growth in the world’s biggest economy as it swung back from a weather affected 2.1 per cent fall in the first quarter."Economic Pilot in Reverse" Today, the Wall Street Journal reported U.S. Consumer Spending Declines 0.1%...
  • Most Americans are Financially Illiterate: Only 34% can answer these three basic questions correctly

    08/30/2014 10:09:19 AM PDT · by SeekAndFind · 59 replies
    Townhall ^ | 08/29/2014 | Mark Skousen
    The college educated are more likely to own stocks and less prone to use high-cost borrowing. Journal of Economic Literature Financial literacy is important, but sadly, only a handful of states require students to take personal finance or an investment course. I earned a Ph. D. in economics and never took a class in accounting, business or personal finance! How bad is financial education in this country? In 2008, two economists came up with three simple questions to test the financial knowledge of citizens 55 years or older. See how well you do: 1. Suppose you had $100 in...
  • Obamacare is Affecting Everyone

    08/30/2014 6:38:07 AM PDT · by Kaslin · 20 replies
    Townhall.com ^ | August 30, 2014 | John C. Goodman
    Millions of people are out of work and cant find a job. Many of those who have jobs are being forced to work part-time instead of full-time. And those who have full-time jobs are in for a nasty surprise. Next years take home pay is like likely to be smaller than what they earn right now.In all cases the reason is the same: Obamacare.Why cant people find a job? Three Federal Reserve Banks in Philadelphia, New York and Atlanta have released business surveys that confirm what many of us have been predicting. The new health law is discouraging...
  • The High Cost of Climate-Change Politics

    08/30/2014 8:04:33 AM PDT · by rktman · 6 replies
    americanthinker.com ^ | 8/30/2014 | Anthony J. Sadar
    Regardless, essential power-generation jobs in the U.S. will be lost over the Administration's obsessive actions based on the dubious climate claim. And, so will relief for those in desperate need of low-cost abundant fossil-fuel energy worldwide. Right now, theres a billion-dollar bonanza in government funding for climate-change research, education and reeducation, engineering and reengineering, and state and local government programs. Heaps of public dollars are ready for the taking for anyone willing to help the feds continue generating and fine-tuning the gloomy gospel that preaches The end is near for low-cost, home-grown, abundant energy use. Furthermore, financing is readily available...
  • The Foreign Policy of the Three Stooges

    08/30/2014 7:34:11 AM PDT · by Kaslin · 12 replies
    Townhall.com ^ | August 30, 2014 | John Ransom
    The Middle East isn’t just a foreign policy problem; it’s another one of the man-caused disasters that has become the hallmark of the Obama administration’s version of Moe, Larry and Curly. And the cause of the disaster is transparently clear: These stooges are all campaign and no common sense. Because the amigos tres in this instance haven’t just been poor executives-- as they have shown in other policy-- they’ve been poor thinkers as well. That they are hurting Muslims in Iraq and the Middle East -- a group they say they stand in solidarity with-- is immaterial to them....
  • Fore! Feds hunt for fraud at the golf course

    08/30/2014 6:43:42 AM PDT · by maggief · 14 replies
    POLITICO ^ | August 30, 2014 | PATRICK TEMPLE-WEST
    When you dish out illegal stock tips at the golf course, there are no mulligans. This summer the Securities and Exchange Commission has brought insider trading cases that center on the relationships between golfing buddies and how their chitchat in the tee box or at the 19th hole turned into lucrative and illegal trading bonanzas. In July and August, the SEC filed two separate charges involving golf connections, including one targeting seven friends who regularly hit the links at Oakley Country Club just outside of Boston. The SEC charged they made more than $554,000 through illegal trades involving information shared...
  • California lawmakers pass first US plastic bag ban

    08/30/2014 1:29:40 AM PDT · by Olog-hai · 53 replies
    Associated Press ^ | Aug 30, 2014 4:27 AM EDT
    California lawmakers have approved a measure that would make the state the first to impose a statewide ban on single-use plastic bags. SB270 cleared the Senate on a 22-15 vote Friday and sent to Gov. Jerry Brown. It was approved by the Assembly a day earlier.
  • Those with health coverage through Obama's law may face a challenge in getting tax-return form

    08/30/2014 1:12:37 AM PDT · by Zakeet · 2 replies
    Fox Business ^ | August 30, 2014
    If you got health coverage through President Barack Obama's law this year, you'll need a new form from your insurance exchange before you can file your tax return next spring. Some tax professionals are worried that federal and state insurance marketplaces won't be able to get those forms out in time. That could lead to delayed tax refunds for millions of consumers.
  • Indias Modi Visits Japan to Deepen Defense and Commercial Ties

    08/29/2014 10:48:47 PM PDT · by Olog-hai · 6 replies
    Wall Street Journal ^ | Aug. 28, 2014 12:40 p.m. ET | Niharika Mandhana
    Indias Prime Minister Narendra Modi starts a five-day visit to Japan on Saturday, looking to deepen defense and commercial ties between the two Asian countries as they grapple with an increasingly assertive China. Mr. Modi is to meet Japanese Prime Minister Shinzo Abe and other officials for what are expected to be wide-ranging discussions about regional security as well as a possible deal on civil nuclear cooperation. [] It is a watershed meeting, said Brahma Chellaney, a strategic affairs analyst at the Center for Policy Research in New Delhi. It is crucial to preventing the rise of a Sino-centric Asia....
  • Scientist transmits message into the mind of a colleague 5,000 miles away using brain waves

    08/29/2014 9:15:55 PM PDT · by 2ndDivisionVet · 33 replies
    The London Daily Mail ^ | August 29, 2014 | Ellie Zolfagharifard
    Brain-wave sensing machines have been used to telepathically control everything from real-life helicopters to characters in a computer game. Now the technology has gone a step further by allowing someone in India to send an email to his colleague in France using nothing but the power of his mind. The researchers used electroencephalography (EEG) headsets to record electrical activity from neurons firing in the brain, and convert the words hola and ciao into binary. In EEG, electrical currents in the brain are linked with different thoughts that are then fed into a computer interface. This computer analyses the signal and...
  • E-cigarette group demands CDC retract deceptive research

    08/29/2014 8:47:32 PM PDT · by Tolerance Sucks Rocks · 56 replies
    The Hill ^ | August 28, 2014 | Benjamin Goad
    A trade group representing the fast-growing electronic cigarette industry is contesting a new government study that claims the largely unregulated products lead teens on a path to tobacco cigarette smoking. 
 The American Vaping Association blasted this week’s study from the Centers for Disease Control and Prevention (CDC), describing the assertion as “plain deceptive” and calling for the paper’s retraction. The industry posits that e-cigarettes can actually help smokers quit, though they are prohibited from marketing the devices as a cessation tool. “There is no evidence e-cigarettes are gateways to smoking, and in fact, for millions of Americans they are...
  • US Shale: What Lies Beneath

    08/29/2014 8:02:29 PM PDT · by Lorianne · 25 replies
    Financial Times ^ | 26 August 2014 | Ed Crooks
    In a clearing in a cornfield in the Eagle Ford region of south Texas, the rig drilling the Sisti A3 well for ConocoPhillips looks very similar to the ones that have been working in the states shale reserves for more than a decade. But a mile or two below the surface, the way the wells operate has changed radically. Since 2012, Conoco has doubled the volume of ceramic proppant a sand-like material it uses for hydraulic fracturing. Mixed with water and pumped into wells at high pressure, the proppant forces open the cracks in the rocks where oil...
  • This house market is falling apart

    08/29/2014 7:46:46 PM PDT · by Lorianne · 71 replies
    Market Watch ^ | 27 August 2014 | Michael Sincere
    Most real estate experts believe the U.S. housing market is roaring back. Few have anything to negative to say about real estate. But what if theyre wrong? Real estate analyst Keith Jurow, author of the Capital Preservation Real Estate Report, is warning that the real estate market is not as strong as it seems. Says Jurow: I never bought into the idea that we had a recovery at all. His research leads him to conclude that home prices will be heading lower. Why? Largely because home listings are going up but sale prices are not. Jurow discovered that as of...
  • EU suggests Russia, Ukraine sign interim gas agreement

    08/29/2014 7:42:55 PM PDT · by Lorianne · 2 replies
    Itar-Tass ^ | 27 August 2014
    The E.U. has suggested an interim agreement on the gas supplies between Russia and Ukraine without waiting for a Stockholm arbitrary court decision, E.U. Energy Commissioner Gunther Oettinger said in a news conference following his meeting with Ukrainian President Petro Poroshenko late Tuesday. Two cases are before the Stockholm court, but the hearings will take 12-15 months, which is too long, while Europe needs an interim solution for this winter, Oettinger said. In June, Russian gas giant Gazprom switched Ukraine off gas over the unpaid debt and filed a $4.5 billion suit to the Stockholm arbitration court. Later, Kiev reciprocated...
  • White House: National Debate Needed Before Obama Amnesty

    08/29/2014 3:58:07 PM PDT · by ckilmer · 35 replies
    dailycaller ^ | 2:42 PM 08/29/2014
    White House: National Debate Needed Before Obama Amnesty     President Barack Obama wants a national debate on immigration, says his spokesman Josh Earnest.The new call for a debate suggests that the president is abandoning — or at least delaying — his high-risk promise to Latino advocates that he would provide work permits to millions of illegal immigrants in the weeks before the election.The president “wants to have a debate about the status of our immigration system, and what the consequences are for allowing a broken immigration to persist [and] what Republicans have done, or in this case, have not...
  • Funding gives EBT users access to online shopping

    08/29/2014 3:47:08 PM PDT · by Oldeconomybuyer · 13 replies
    Troy Record (NY) ^ | August 29, 2014 | Staff
    BERNE - A 21st-century Albany County initiative that combines farmers markets with online shopping is receiving extra funds to continue growth. State Sens. Charles Schumer and Kirsten Gillibrand and Rep. Paul Tonko announced Wednesday that FarmieMarket Online LLC, based in the town of Berne, is receiving $24,490 in federal funding. The SNAPs monthly electronic benefit transfers (EBT) dollars, which 95,000 individuals and their families in the Capital Region currently receive, cannot be used in many online food stores, but only at authorized retail food stores. The new program will allow EBT users to order fresh food online with the benefit...
  • With Labor Day close, unions dont have much to celebrate

    08/29/2014 3:37:16 PM PDT · by Oldeconomybuyer · 3 replies
    Boston Globe ^ | August 29, 2014 | By Evan Horowitz
    Labor Day used to be more than a summer-closing holiday; it was a celebration of labor unions and the American labor movement. Thats easy to forget these days because labor unions dont have much to celebrate. At the height of their influence in the 1950s, labor unions could claim to represent about 1 of every 3 American workers. Today, its 1 in 9 and falling. Some have seen the shrinking size and waning influence of labor unions as a sign that the US economy is growing more flexible and dynamic, but theres mounting evidence that it is also contributing...
  • Ferguson isnt about black rage against cops. Its white rage against progress.

    08/29/2014 3:06:44 PM PDT · by 2ndDivisionVet · 93 replies
    The Washington Post ^ | August 29, 2014 | Professor Carol Anderson
    When we look back on what happened in Ferguson, Mo., during the summer of 2014, it will be easy to think of it as yet one more episode of black rage ignited by yet another police killing of an unarmed African American male. But that has it precisely backward. What weve actually seen is the latest outbreak of white rage. Sure, it is cloaked in the niceties of law and order, but it is rage nonetheless. Protests and looting naturally capture attention. But the real rage smolders in meetings where officials redraw precincts to dilute African American voting strength or...
  • Ignoring the U.S. debt problem won't wash it away

    08/29/2014 2:05:17 PM PDT · by SeekAndFind · 8 replies
    Washington Examiner ^ | 08/29/2014 | Philip Klein
    There are few characteristics of human nature that are more immutable than the tendency to be focused on the short term. And just like a heart patient straying from his diet as time passes after his heart attack, the political class has collectively decided to tune out the federal debt as an issue. Between 2009 and 2012, the federal government ran deficits exceeding $1 trillion per year, for a total of $5.1 trillion over four years. During this time, the issue of deficits and debt became a prominent part of the national political conversation. In contrast, a Congressional Budget Office...
  • US STOCKS-S&P 500 edges up to set new record again; best month since Feb

    08/29/2014 1:59:46 PM PDT · by SeekAndFind · 3 replies
    Reuters ^ | 08/29/2014 | Chuck Mikolajczak
    * Trading volumes light ahead of Labor Day holiday * Major indexes notch fourth straight week of gains * Chicago PMI, consumer sentiment both top forecasts * Indexes up: Dow 0.11 pct, S&P 0.33 pct, Nasdaq 0.5 pct U.S. stocks closed out a strong month on a quiet note on Friday, with the S&P 500 posting a modest gain to close at a new record as the latest positive data helped extend a rally that had been briefly threatened by overseas concerns. Since falling to a near three-month low on Aug. 7, the S&P 500 has risen in 12 of...
  • A Big Summer Story You Missed: Soaring Oil Debt

    08/29/2014 1:58:24 PM PDT · by ckilmer · 12 replies
    resilience.org ^ | 8/29/2014 | by Andrew Nikiforuk,
    A Big Summer Story You Missed: Soaring Oil Debt by Andrew Nikiforuk, originally published by The Tyee | TODAY Over 100 of the world's largest energy companies are running out of cash. Photo of Keystone pipeline in Nebraska by Shannon Ramos. Creative Commons licensed.Some of the summer's biggest news stories took place in the bombed schools of Gaza, the abandoned hospitals of the Democratic Republic of Congo, the wheat fields of eastern Ukraine and the bloody mountains of northern Iraq.But one of the most important made virtually no headlines at all, and seemed to only appear on the website of...
  • U.S. Hikes Fee To Renounce Citizenship By 422%

    08/29/2014 1:42:28 PM PDT · by Former Proud Canadian · 49 replies
    Forbes ^ | Aug 28, 2014 | Robert W. Wood
    Over the last two years, the U.S. has had a spike in expatriations. It isnt exactly Ellis Island in reverse, but its more than a dribble. With global tax reporting and FATCA, the list of the individuals who renounced is up. For 2013, there was a 221% increase, with record numbers of Americans renouncing. The Treasury Department is required to publish a quarterly list, but these numbers are under-stated, some say considerably. The presence or absence of tax motivation is no longer relevant, but that could change. After Facebook co-founder Eduardo Saverin departed for Singapore, Senators Chuck Schumer and Bob...
  • New Black agenda: Economic empowerment

    08/29/2014 1:26:22 PM PDT · by 2ndDivisionVet · 23 replies
    Insight News ^ | August 7, 2014 | Hazel Trice Edney
    The winner of the U. S. Minority Business Development Agency's (MBDA) Lifetime Achievement Award says the economic fate of America's Black community "hangs in the balance" because "we are a fourth quarter people". Michael Grant, president of the National Bankers Association and its foundation, says, "Unlike our Hispanic and Asian brothers and sisters, we had to spend the first three quarters just getting in the game...So you see, all things being equal, our ethnic counterparts came to the game with a different mindset, a different set of circumstances, a different self-image, and already with some capital from back home." Grant...
  • Paul Ryan: Big government has U.S. at tipping point

    08/29/2014 8:43:14 AM PDT · by afraidfortherepublic · 33 replies
    Watchdog.org ^ | 8-26-14 | Ben Yount
    It is no longer a question of how much government Americans want. The only question is how much government Americanscan afford. And the former Republican vice presidential candidate, U.S. Rep. Paul Ryan, R-Wis., said the answer is becoming clear. I talk about this in the book, Ryan told Watchdog Radio Monday. About very progressive policies. About the outcomes they produce, and how they bankrupt governments. Ryan writes in his new book, The Way Forward: Renewing the American Idea, that the federal government has expanded entitlement programs, Medicare, Social Security and now Obamacare, to the point where they cost far more...