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Business/Economy (News/Activism)

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  • The Purpose of Public Schools

    10/10/2015 10:07:35 AM PDT · by 100American · 1 replies ^ | Sep 9, 2015 | Bruce Deitrick Price
    "The traditional view is simply stated: the purpose of public education is to take each child as far as each child can be taken. Who can disagree with that?" "H. L Mencken famously proclaimed: “The erroneous assumption is to the effect that the aim of public education is to fill the young of the species with knowledge and awaken their intelligence, and so make them fit to discharge the duties of citizenship in an enlightened and independent manner. Nothing could be further from the truth. The aim of public education is not to spread enlightenment at all; it is simply...
  • Man who tried to give Ford carrier specs to Egypt set to be sentenced

    10/10/2015 9:47:11 AM PDT · by pabianice · 14 replies
    Stars and Stripes ^ | 10/10/15 | Daugherty
    NORFOLK, Va. (Tribune News Service) — Mostafa Ahmed Awwad’s family and friends are asking the court to show the former civilian Naval engineer some lenience. Yes, the Yorktown man tried to steal the plans for the new $12.9 billion Gerald R. Ford aircraft carrier and give them to Egypt. But, they told the court in several letters, he’s also a nice guy, good husband and loving father. In preparation for a sentencing hearing Thursday in U.S. District Court, however, prosecutors are questioning if those individuals really know the man they claim to know. After all, Awwad explicitly told an undercover...
  • Courts block EPA water rule that would put millions of acres under federal control

    10/10/2015 9:18:11 AM PDT · by rktman · 4 replies ^ | 10/10/2015 | Rick Moran
    It's a regulation considered the most ambitious expansion of EPA's control over American waterways in history and a federal court has issued an injunction blocking its implementation. The Hill: “We conclude that petitioners have demonstrated a substantial possibility of success on the merits of their claims,” the judges wrote in their decision, explaining that the Environmental Protection Agency’s (EPA) new guidelines for determining whether water is subject to federal control — based mostly on the water’s distance and connection to larger water bodies — is “at odds” with a key Supreme Court ruling.
  • Kentucky nonprofit health insurer to shut down

    10/10/2015 9:12:07 AM PDT · by EXCH54FE · 14 replies
    The Hill ^ | 10 Oct 2015 | Peter Sullivan
    Kentucky’s nonprofit health insurer set up under ObamaCare is shutting down because of financial problems, the latest in a string of closures for the nonprofit plans around the country. Kentucky Health Cooperative, a nonprofit insurer known as a co-op, explained that it could not stay financially afloat after learning of a low payment from an ObamaCare program called “risk corridors.” That program was intended to protect insurers from heavy losses in the early years of the health law by taking money from better-performing insurers and giving it to worse-performing ones. However, the Obama administration announced on Oct. 1 that the...
  • Nearly 1,000 People Move From Blue States to Red States Every Day. Here’s Why.

    10/10/2015 8:05:43 AM PDT · by upchuck · 30 replies
    daily signal ^ | October 9, 2015 | Stephen Moore
    The so-called “progressives” love to talk about how their policies will create a worker’s paradise, but then why is it that day after day, month after month, year after year, people are fleeing liberal blue states for conservative red states? The new Census data on where we live and where we moved to in 2014 shows that the top seven states with the biggest percentage increase in in-migration from other states are in order: North Dakota, Nevada, South Carolina, Colorado, Florida, Arizona, and Texas. All of these states are red, except Colorado, which is purple. Meanwhile, the leading exodus states...
  • Sen. Cruz: We Should Embrace Our Country’s Energy Revolution

    10/10/2015 6:52:37 AM PDT · by Isara · 7 replies ^ | October 9, 2015
    WASHINGTON, D.C. — U.S. Sen. Ted Cruz (R-Texas) today released the following statement upon the House of Representatives’ passage of legislation lifting restrictions on crude oil exports: “I applaud the House of Representatives for voting today to remove restrictions on exports of domestic crude oil, an effort strongly led by Rep. Joe Barton of Texas. Eliminating the de facto ban on crude oil exports is long past due. This ban is a relic of 1970s price controls, and like most of the 70’s fads, this one is far past its prime. It’s time to put it to bed for good.“Today’s vote...
  • House votes to lift oil export ban, Obama waves veto pen

    10/10/2015 6:32:09 AM PDT · by SeekAndFind · 10 replies
    Hotair ^ | 10/10/2015 | Jazz Shaw
    Just because you’ve been doing something for decades, that doesn’t mean that you need to keep doing it. Perhaps one of the best examples of this is the roughly forty year old ban we have on crude oil exports, enacted back when the Middle East oil barons decided to kick off an embargo, leading to skyrocketing gas prices and long lines at service stations. Congress seems to slowly be getting the message on this subject, and yesterday the House finally passed a bill to end the ban. (Yahoo News) A bill to repeal the U.S. oil export ban passed...
  • Renegade Republicans join with Democrats to force vote on Export-Import Bank

    10/09/2015 9:01:00 PM PDT · by RicocheT · 15 replies ^ | Oct 9, 2015 | Jeffry Bartash
    If Republicans aren’t already divided enough, several dozen party members have signed a petition that will force the House to vote on whether to revive a controversial government-run bank that helps big American companies sell goods overseas. Some 41 Republicans signed a so-called discharge petition in an effort to fully reopen the Export-Import Bank. They joined ranks with nearly all Democrats to meet the 218-vote threshold required to allow a bill to reach the House floor.
  • Ann Coulter Accepts Paul Ryan’s Challenge to Debate Marco Rubio’s Amnesty Bil

    10/09/2015 8:33:12 PM PDT · by TigerClaws · 24 replies
    On Friday’s program of the Howie Carr radio show, conservative icon and best-selling author Ann Coulter announced that she will accept Rep. Paul Ryan (R-WI) 58% ’s challenge to debate the Obama-Rubio mass amnesty plan. In 2013, Paul Ryan declared, “I will debate anybody who tries to suggest that these ideas that are moving through Congress [the ‘Gang of Eight’ plan] are amnesty.” That pledge is still featured on his website to this day. “You’ve got to get a call into his office and tell him I’ll debate him,” Coulter told Howie Carr. “Seriously, put in a call to his...
  • Why You Should Never Hire A Muslim

    10/09/2015 6:55:49 PM PDT · by Calpublican · 42 replies
    YouTube ^ | 05/10/2015 | Pat Condell
    Brit gives straight up rationale for never employing Muslims.
  • Hammonds to serve 5 years in prison [ Oregon ranchers vs BLM ]

    10/09/2015 5:51:15 PM PDT · by george76 · 50 replies
    Oregon Farm Bureau ^ | October 7, 2015 | Barry Bushue
    Today two Oregon ranchers were sentenced to five years in federal prison under terrorism statutes for setting preventative fires on their own land. We are gravely disappointed at this outcome. “Elderly Harney County rancher Dwight Hammond and his son, Steven, a former OFB Board member and Harney County Farm Bureau president, have already served time in federal prison for their mistakes and paid their debt to society for the less-than-140 acres of BLM land that was accidentally impacted by the fires. “This is an example of gross government overreach, and the public should be outraged. “Today’s verdict is also hypocritical...
  • This is what Trump's border wall could cost US

    10/09/2015 5:24:40 PM PDT · by 2ndDivisionVet · 95 replies
    CNBC ^ | October 9, 2015 | Kate Drew, special to
    A roughly 2,000-mile fence on the Mexican border would cost tens of billions.If Donald Trump were to build a wall along the United States' southern border, it would cost billions. The U.S. border with Mexico is roughly 2,000 miles long and underlines four states from California to Texas. It is a massive stretch of land — the Berlin Wall spanned just 96 miles comparatively, and it cost about $25 million to build in 1961, or around $200 million with inflation. Building a wall to keep out illegal immigrants is not a novel plan. About 670 miles of fencing on the...
  • House OKs lifting 40-year-old US ban on oil exports

    10/09/2015 11:26:48 AM PDT · by Olog-hai · 27 replies
    Associated Press ^ | Oct 9, 2015 1:38 PM EDT | Matthew Daly
    Defying a White House veto threat, the Republican-controlled House on Friday approved a bill to lift a 40-year-old U.S. ban on crude oil exports. The House approved the bill on a 261-159 vote. Supporters said an ongoing boom in oil and gas drilling has made the 1970s-era restrictions obsolete. Lifting the export ban would lower prices at the pump, create jobs and boost the economy, said House Speaker John Boehner, R-Ohio. […] The White House called the bill unnecessary and argued that a decision on whether to end the ban should be made by the Commerce secretary. …
  • The Republican Crack-up

    10/09/2015 10:42:15 AM PDT · by pabianice · 47 replies
    Wall Street Journal ^ | 10/10/15 | Editors
    Kevin McCarthy suddenly quit his bid to succeed John Boehner as House Speaker on Thursday, amid an increasingly toxic crack-up inside the Republican conference. At 247 Members, the GOP enjoys its largest House majority since the 71st Congress of 1929-30—but a minority may squander it with ultimatums and self-sabotage... The refuseniks belong to the larger conservative sub-movement that blames “the Republican establishment” for all the country’s problems, not President Obama, Hillary Clinton or bad policy choices that can be reversed with someone else in the White House. The listless economy, the failure to repeal ObamaCare or secure the border—all these...
  • U.S. Annual Budget Deficit Smallest in Nearly Seven Years

    10/09/2015 8:46:22 AM PDT · by SeekAndFind · 24 replies
    Wall Street Journal ^ | 10/09/2015 | NICK TIMIRAOS
    WASHINGTON—The U.S. budget deficit narrowed further in May as revenue continued to rise faster than expenses have in the past year, the Treasury Department said Wednesday. The budget picture has improved this year amid higher tax revenue and stronger economic growth, even though government spending has also increased. Revenue for the fiscal year, which began in October, is running 9% ahead of the year-earlier levels, while government spending is up 6%. In the past 12 months, the budget deficit has fallen to $412 billion, down from $460 billion in April and $491 billion a year earlier. That marks the lowest...
  • The Odds That Hillary's Emails Were Hacked Just Got A Lot Higher

    10/09/2015 5:26:44 AM PDT · by RockyTCB · 14 replies
    Investor's Business Daily ^ | 10/8/2015 | Staff
    Scandal: We have now learned that Hillary Clinton's private email server was subject to multiple cyberattacks from abroad. Does anybody really believe that hackers didn't gain access to classified material?
  • Hillary Clinton vows to crack down on big bad Wall Street firms with new proposals

    10/09/2015 5:20:36 AM PDT · by lowbridge · 20 replies ^ | october 8, 2015 | cameron joseph
    The proposals come just days before the first Democratic presidential debate Tuesday, and mark Clinton's latest leftward pivots as she looks to ward off a strong populist challenge from Vermont Sen. Bernie Sanders. Clinton wants to force firms that are "too large and too risky to be managed effectively to reorganize, downsize, or break apart," in the campaign's words, a move aimed at addressing "too big to fail" that echoes calls from lefties like Sen. Elizabeth Warren (D-Mass.). She also wants to make sure that when people break the law they actually go to jail, something that rarely happened after...
  • Jobless claims fall to near a 42-year low

    10/09/2015 4:22:26 AM PDT · by John W · 64 replies
    Reusters via Yahoo news ^ | october 9, 2015 | Reuters
    WASHINGTON (Reuters) - The number of Americans filing new applications for jobless benefits fell more than expected to near a 42-year low last week, pointing to ongoing tightening in the labor market despite the recent slowdown in hiring. The data released on Thursday provides an upbeat check on the health of the labor market after last week's monthly employment report increased doubts the Federal Reserve would raise interest rates by the end of this year. Initial claims for state unemployment benefits dropped 13,000 to a seasonally adjusted 263,000 for the week ended Oct. 3, the Labor Department said. That was...
  • Government On Hiring Spree As Private Job Gains Fade

    10/09/2015 3:33:55 AM PDT · by expat_panama · 20 replies
    Government is again behind the curve in adapting to changes in the economy, ramping up hiring even as weakening global demand prompts private employers to tap the brakes. If the trend continues, governments could find themselves with more staff than they can afford — and eventually a new cycle of budget shortfalls and painful cutbacks. The slowdown in China and other economies has knocked the wind out of exports and commodity prices and slowed private-sector hiring to its weakest level in more than three years. But state and local governments are adding jobs at the fastest pace since the recession....
  • Oil export bill driving a wedge between industries

    10/08/2015 9:22:51 PM PDT · by 100American · 1 replies
    The Washington Examiner ^ | 10/8/15 2:01 PM | JOHN SICILIANO
    The group has watched the export debate, as any reduction in supply from exports could increase prices domestically. Some large manufacturers have warned that any policy that increases the cost of energy could move U.S. companies overseas. Cicio said he would support the bill if it did not repeal the president's authority. "We should not be so short sited," he told the Washington Examiner. Oil prices currently are low, but "in the future … it can become a very significant cost issue for manufacturing." "All we need is an adjustment" to the bill to keep the safety valve in place,...
  • North Charleston settles with Walter Scott’s family for $6.5M

    10/09/2015 12:00:25 AM PDT · by TigerClaws · 19 replies
    NORTH CHARLESTON, S.C. — A city in South Carolina approved a $6.5 million settlement Thursday with the family of an unarmed black man shot to death earlier this year by a white police officer. The North Charleston City Council approved the settlement by a 10-0 vote, and members of Walter Scott’s family were on hand when it was announced.
  • Gun sales hit a record high for the fifth month in a row

    10/08/2015 11:29:49 PM PDT · by TigerClaws · 19 replies
    Maine Maritime Academy students bow their heads during a vigil of hope for the missing crew members of the U.S. container ship El Faro, Tuesday evening, Oct. 6, 2015, in Castine, Maine. How doomed US ship met its end Indianapolis Colts running back Frank Gore (23) runs for a third quarter touchdown against the Houston Texans at NRG Stadium on Oct. 8, 2015 in Houston. Johnson has 2 TD receptions, leads Colts over Texans 27-20 The FBI conducted 1,795,102 firearm background checks through the National Instant Criminal Background Check System (NICS) in September, suggesting gun sales were at an all-time...
  • Watchdog Says Report of 10,000 Toddlers on ADHD Drugs Tip of the Iceberg..

    10/08/2015 11:25:20 PM PDT · by TigerClaws · 17 replies
    FULL TITLE: Watchdog Says Report of 10,000 Toddlers on ADHD Drugs Tip of the Iceberg—274,000 0-1 Year Olds and 370,000 Toddlers Prescribed Psychiatric Drugs Mental health watchdog Citizens Commission on Human Rights says a new report issued by the Centers for Disease Control and Prevention (CDC) on the 10,000 toddlers being prescribed ADHD drugs, is only the tip of the iceberg regarding children being prescribed psychiatric drugs in the U.S. According to IMS health, more than 274,000 0-1 year olds are being prescribed psychiatric drugs and a staggering 370,000 toddlers.
  • Israel's Spacecom signs deal with Facebook to provide internet service

    10/08/2015 9:17:43 PM PDT · by jonatron
    Israeli Broadcast Authority ^ | 7/10/2015 | Staff
    Spacecom plans to launch the Amos-6 satellite during the second half of 2016. It will replace the older Amos-2 satellite. The deal is worth about 100 million dollars for the Israeli company and runs through 2021. Facebook CEO Mark Zuckerberg wrote in a post that as part of his company's collaboration with Eutelsat, a new satellite called AMOS 6 is going to provide Internet coverage to large parts of sub-Saharan Africa. Zuckerberg said that the deal is part of his company's efforts to connect the entire world. According to Spacecom president and CEO David Pollack, an estimated 14 million users...
  • BP wins two Iranian oilfield development projects: source

    10/08/2015 8:31:40 PM PDT · by jonatron · 16 replies
    The Tehran Times ^ | 10/8/2015 | Tehran Times Economic Desk
    TEHRAN - Iran has left the development of two oilfields to the energy giant British Petroleum (BP), an informed source told the Tasnim News Agency on the condition of anonymity. The announcement is a follow-up to the September meeting between Iranian Oil Ministry officials and BP top managers, where the Iranian side headed by Amir Hossein Zamani Nia, the deputy oil minister for international affairs and trade, agreed to transfer the development of two oilfields to BP based on the new model of Iranian oil contracts, known as Integrated Petroleum Contract (IPC), which is due to be unveiled soon. ---snip---...
  • Credit Suisse Prepares Substantial Capital Raising

    10/08/2015 7:00:54 PM PDT · by nickcarraway · 5 replies
    Financial Times ^ | October 8, 2015 | Patrick Jenkins, Ralph Atkins
    Tidjane Thiam, Credit Suisse’s new chief executive, is preparing to launch a substantial capital raising when he unveils his strategic plan for the bank in two weeks’ time, according to people briefed on the plan. While not specifying an amount, they pointed to a poll published last week by analysts at Goldman Sachs concluding that 91 per cent of investors expect the Swiss bank to raise more than SFr5bn in new equity. The move follows a warning by Deutsche Bank that it was set to scrap its dividend for the first time since the second world war after it incurred...
  • Study: Government Workers Make 78 Percent More Than Private Sector

    10/08/2015 12:41:44 PM PDT · by TigerClaws · 30 replies
    Employees for the federal government earn far more than their counterparts in the private sector, according to a new study by the Cato Institute. Federal workers’ pay and benefits were 78 percent higher than private employees, who earned an average of $52,688 less than public sector workers last year. The study found that federal government workers earned an average of $84,153 in 2014, compared to the private sector’s average of $56,350. Cato based its findings on figures from the U.S. Bureau of Economic Analysis (BEA).
  • Controversy erupts over 'Black labs matter' sign in front of barbershop

    10/08/2015 12:24:11 PM PDT · by TigerClaws · 68 replies
    A sign outside Tom's Barbershop that says "Black labs matter" and suggests supporting the MSPCA is getting a strong reaction in Norton, Massachusetts. But barber Tom Stevens says humor is his way of life. "It's just a sign, it's a way to have fun, it's a way to reach out, it's a way to tell people I'm here," he said.
  • Walker says Zoo Interchange savings could keep other projects on track (WI)

    10/08/2015 11:47:18 AM PDT · by afraidfortherepublic · 7 replies
    Milwaukee Journal Sentinel ^ | 10-8-15 | Jason Stein
    Stoughton — Gov. Scott Walker Thursday promised savings on the massive Zoo Interchange project in Milwaukee and urged lawmakers to release $150 million in borrowing for road projects, saying together those two steps would be enough to keep at least five major highway projects from facing delays. In other remarks Thursday, Walker said that he could appoint a new justice to the Wisconsin Supreme Court by the end of this week and that he also favored clearer rules on which bathrooms can be used by transgender students in public schools. Walker's administration announced last week it was delaying the five...
  • IMF warns emerging market companies have overborrowed $3 trillion

    10/08/2015 11:17:19 AM PDT · by Lorianne · 6 replies
    Reuters ^ | 07 October 2015
    Emerging market companies have an estimated $3 trillion in overextended loans that threaten to trigger a sharp credit crunch and capital outflows in economies that have already been hit hard by low commodity prices, the International Monetary Fund said on Wednesday. The IMF warned that a messy withdrawal of stimulus measures in advanced economies could start a "vicious cycle of fire sales, redemptions, and more volatility." The U.S. Federal Reserve has said it is on track to raise rates for the first time in almost a decade by the end of this year. Overborrowing in emerging market economies likely adds...
  • Exports down to record low in Germany

    10/08/2015 11:13:11 AM PDT · by Lorianne · 13 replies
    Deutsche Welle ^ | 08 October 2015 | gb/ca, dpa/afpd
    German exports for the month of February have plummeted to their lowest level since 1950, following a similar decline in January. The drop means Europe's largest economy will contract more than expected. According to the latest figures published on Wednesday by the Federal Statistics Office, exports fell 23.1 percent to just under 65 billion euros in February, compared to the same period last year. This follows a similarly precipitous drop of 23.2 percent in January. The two-month decline is the worst since World War II. Imports also dropped 16.4 percent to 56.2 billion euros compared to a year ago. The...
  • Monsanto to Cut 2,600 Jobs in Restructuring

    10/08/2015 11:08:25 AM PDT · by Lorianne · 4 replies
    Wall Street Journal ^ | 07 October 2015 | Jacob Bunge
    Biotech seed giant also gives a downbeat forecast for its fiscal year, as quarterly loss widens ___ Monsanto Co. , buffeted by a slumping global farm economy, outlined plans to slash 12% of its workforce and restructure its business as it reported a larger quarterly loss. The biotechnology-seed maker plans to cut 2,600 jobs while “streamlining and reprioritizing” commercial and research efforts as it grapples with declining crop prices that have pinched incomes for farmers, its main customers. Monsanto projected earnings in its fiscal 2016 that fell below analysts’ expectations. The St. Louis company also Wednesday unveiled a new stock-buyback...
  • Underground fire 300 meters from nuclear waste causes St. Louis to hatch contingency plan

    10/08/2015 10:34:34 AM PDT · by Lorianne · 13 replies
    Japan Times ^ | 08 October 2015
    ST. LOUIS – Beneath the surface of a St. Louis-area landfill lurk two things that should never meet: a slow-burning fire and a cache of Cold War-era nuclear waste, separated by just 300 meters. Government officials have quietly adopted an emergency plan in case the smoldering embers ever reach the waste, a potentially “catastrophic event” that could send up a plume of radioactive smoke over a densely populated area near the city’s main airport. Although the fire at Bridgeton Landfill has been burning since at least 2010, the plan for a worst-case scenario was developed only a year ago and...
  • Deutsche Bank Forecasts a Loss of Nearly $7 Billion, Taking an Array of Charges

    10/08/2015 10:29:17 AM PDT · by Lorianne · 7 replies
    New York Times ^ | 07 October 2015 | Peter Eavis
    Deutsche Bank, the giant German bank that has a big presence on Wall Street and is facing much regulatory scrutiny in the United States, on Wednesday warned that it expects to post a hefty loss in the third quarter. The bank, Germany’s largest, forecast a net loss of 6.2 billion euros, or nearly $7 billion, for the quarter. It comes just months into the tenure of Deutsche Bank’s new co-chief executive, John Cryan, who is trying to overhaul the institution. Along with the scandal and upheaval at Volkswagen, Deutsche’s struggles point to some of the weaknesses of Germany’s corporate culture....
  • Sturm: The Pope and Sanders: Misguided economic missionaries

    10/08/2015 8:47:05 AM PDT · by LibertysWordsmith · 1 replies
    The Aspen Times ^ | October 8, 2015 | Melanie Sturm
    If only Pope Francis were in my Buenos Aires taxi last Christmas. I could have used his moral authority (and Argentine-accented Spanish) in negotiating with a driver who’d forgotten the Golden Rule. And in witnessing my struggle, the self-described “very allergic to economics” pontiff might have gleaned a moral lesson, helping him Think Again about the free-enterprise system he’s criticized.
  • Despite Surging Job Cuts, Initial Jobless Claims Tumble Back Near 42 Year Lows

    10/08/2015 7:47:59 AM PDT · by SeekAndFind · 14 replies
    Zero Hedge ^ | 10/08/2015 | Tyler Durden
    Job cuts have already surpassed  last year's total, according to Challenger, Gray & Christmas with the highest annual total since 2009, when nearly 1.3 million layoffs were announced at the tail-end of the recession... so how does the government explain the fact that initial jobless claims have once again re-tumbled back to close to 42-year lows... Initial claims dropped 13k this week to 263k - just shy of the lowest levels sicne 1973... As Job cuts soar... One of these is lying...   The third quarter ended with a surge in job cuts, as U.S.-based employers announced plans to shed 58,877 in...
  • Why We’re Never Moving Away from Income Inequality: A few thoughts on a futile project

    10/08/2015 7:25:34 AM PDT · by SeekAndFind · 7 replies
    National Review ^ | 10/08/2015 | Kevin D. Williamson
    One of the weird little facts of life that we don’t think about or talk about very much — and really should when we’re talking about taxes, the minimum wage, welfare spending, and other things related to inequality of income and wealth (and go ahead and picture me here manfully resisting the urge to put sneer quotes around “inequality,” as if a uniform distribution of material resources were the natural state of things and not some daft dorm-room fantasy) — is that we pay for everything (really, everything) collectively. Let me show you what I mean. Housing is famously expensive...
  • NOVA Firearms Faces Backlash For Location Near School [DC-Northern Virginia]

    10/08/2015 7:22:42 AM PDT · by Timber Rattler · 20 replies ^ | October 7, 2015 | Isbella Diaz
    The McLean Citizens Association (MCA) Board will have a meeting Wednesday evening to discuss the current predicament involving a new gun shop and a local elementary school. Franklin Sherman Elementary School is located right behind the newly-opened NOVA Firearms in McLean. Local community members started protesting the gun store soon after its open. Some parents claim they are even pulled their kids out of school as a result of threats they received because of the protests. NOVA Firearms owner James Gates said the shop officially opened up about two weeks ago to about 120 protesters. Even so, Gates said the...
  • Rupert Murdoch: Ben Carson Would Be a "Real Black President"

    10/07/2015 6:54:41 PM PDT · by Helicondelta · 44 replies ^ | October 07, 2015
    Rupert Murdoch once again has no problem making potentially incendiary comments on Twitter. The 21st Century Fox chief took to Twitter on Wednesday to compare GOP presidential candidate Ben Carson to current president Barack Obama. "Ben and Candy Carson terrific," Murdoch wrote about the candidate and his wife. "What about a real black President who can properly address the racial divide? And much else." This is not the first time that Murdoch has praised Carson on Twitter. Murdoch has also previously been critical of Donald Trump, with the real estate mogul feuding with Fox News of late.
  • What happened to Minnesota’s education system?

    10/08/2015 6:55:35 AM PDT · by TigerClaws · 31 replies
    Traditionally, Minnesota has been considered one of the top states in which to get a K-12 public education. The latest numbers regarding reading and math proficiency from the state’s Department of Education, though, serve as a warning that not all is well in the land of 10,000 lakes. Below is a chart using data from the Minnesota Department of Education that gives a high-level perspective of how students are doing in the state:
  • China's Little-Noted Rage Against TPP

    10/08/2015 4:29:12 AM PDT · by expat_panama · 16 replies
    Investors Busniness Daily ^ | 10/07/2015 | Editorial
    Free Trade: As U.S. demagogues and presidential candidates bluster against the Trans-Pacific Partnership trade pact as a boon to China, the very same China, in a far colder fury, is sharpening its claws in a bid to kill it. The irony of this disconnect is incredible. About the same time presidential candidate Donald Trump was condemning the just-negotiated 12-nation TPP as "terrible" on Fox News because China might some day be able to join it, the South China Morning Post changed the banner headline on its website to: "It's not checkmate yet: Beijing to counter US-led Trans-Pacific Partnership trade pact."...
  • Gannett Co. acquires Midwest, South newspapers for $280M

    10/08/2015 4:08:02 AM PDT · by Timber Rattler · 8 replies
    The Washington Post ^ | October 7, 2015 | Greg Moore 
    Gannett Co. has reached an agreement to acquire newspaper company Journal Media Group for $280 million, giving the media giant control of publications in more than 100 local markets in the U.S., company officials announced Wednesday evening. Journal Media publications dot the Midwest and South and include the Milwaukee Journal-Sentinel, Memphis (Tennessee) Commercial-Appeal and Knoxville (Tennessee) News Sentinel. Industry experts say the publications are a natural fit for Gannett’s strategy of maximizing short-term profits through managing the decline of publications in less competitive markets.
  • Got Incompetence? The Federal Gov't Has Misled Public About Milk For Decades

    10/08/2015 3:18:52 AM PDT · by RockyTCB · 70 replies
    Investor's Business Daily ^ | 10/7/2015 | John Merline
    If you look up "whole milk" in the government's official Dietary Guidelines, it states pretty definitively that people should only drink skim or 1% milk. "If you currently drink whole milk," it says, "gradually switch to lower fat versions." This is the same advice the government has been issuing for many years. And it's wrong
  • Gannett Co. acquires Midwest, South newspapers for $280M

    10/07/2015 10:53:32 PM PDT · by Zakeet · 8 replies
    Washington Post ^ | October 7, 2015 | Greg Moore
    Gannett Co. has reached an agreement to acquire newspaper company Journal Media Group for $280 million, giving the media giant control of publications in more than 100 local markets in the U.S., company officials announced Wednesday evening. Journal Media publications dot the Midwest and South and include the Milwaukee Journal-Sentinel, Memphis (Tennessee) Commercial-Appeal and Knoxville (Tennessee) News Sentinel. Industry experts say the publications are a natural fit for Gannett’s strategy of maximizing short-term profits through managing the decline of publications in less competitive markets. [Snip] Journal Media Group was formed earlier this year, after Journal Communications Inc. of Milwaukee and...
  • Most Americans have less than $1,000 in savings

    10/07/2015 9:08:27 PM PDT · by TigerClaws · 30 replies
    Americans are living right on the edge — at least when it comes to financial planning. Approximately 62% of Americans have less than $1,000 in their savings accounts and 21% don’t even have a savings account, according to a new survey of more than 5,000 adults conducted this month by Google Consumer Survey for personal finance website “It’s worrisome that such a large percentage of Americans have so little set aside in a savings account,” says Cameron Huddleston, a personal finance analyst for the site. “They likely don’t have cash reserves to cover an emergency and will have to...
  • El Faro Search Ended At Sunset

    10/07/2015 8:55:00 PM PDT · by rockinqsranch · 58 replies
    CNN ^ | Wednesday October 7, 2015 | Mariano Castillo, Holly Yan, Eliott C. McLaughlin and Steve Almasy
    "The U.S. Coast Guard said it called off its nearly weeklong search for the missing mariners of the El Faro at sunset Wednesday."
  • Feds push forward with controversial health rule

    10/07/2015 8:42:28 PM PDT · by Tolerance Sucks Rocks · 26 replies
    The Hill ^ | October 6, 2015 | Sarah Ferris
    The Obama administration is moving ahead with controversial new rules that require doctors to switch to electronic health records or face fees, resisting calls from both parties to delay implementation. Federal health officials said the final rules released Tuesday will make “significant changes" in the "meaningful use" electronic health records program, such as lowering the number of standards each provider must meet and allowing providers to apply for hardship exemptions. But the administration will not delay what it calls "Stage 3" of the records program, a move that is already angering vocal Republicans like Sen. Lamar Alexander (R-Tenn.), who have...
  • What No One Seems to Know About Ted Cruz’s Past

    10/07/2015 8:22:07 PM PDT · by Impala64ssa · 49 replies
    PJ Media ^ | 9/30/15 | Asheesh Agarwal and John Delacourt
    Cruz was once a director at the Federal Trade Commission. He had a remarkable record of convincing Democrats to vote for conservative principles. In his first significant leadership role — as president of the Screen Actors Guild — Ronald Reagan fought communist influence in Hollywood and prevailed in a tough contract negotiation. In his first command — as a captain during the Black Hawk War — Abraham Lincoln overruled his men to prevent the execution of a suspected Potawotami spy. To win his first congressional race, Richard Nixon disingenuously linked his opponent to communist sympathizers, the start of a pattern...
  • Obama Prepares Give-Away of White-Collar Jobs And Citizenship To Foreign Graduates

    10/07/2015 8:00:06 PM PDT · by bushwon · 40 replies
    Breitbart ^ | September 28, 2015 | Neil Munro
    President Barack Obama’s deputies are quietly hacking a gap through immigration regulations to allow them to import hundreds of thousands of university-trained foreign workers for jobs sought by American college grads. “They’re bending immigration law until it almost breaks,” says Ian Smith, a lawyer at the Immigration Reform Law Institute. The Obama-hack, he added, should be fixed by Congress or a judge The regulatory hack is part of Obama’s broad immigration-boosting alliance with Fortune 500 Companies and the GOP’s establishment. In 2013 and 2014, most — but not all — of his prior amnesty and immigration plans were blocked by...
  • Hackers Breached LoopPay, Whose Tech Is Central to Samsung Pay (Chicom)

    10/07/2015 6:41:11 PM PDT · by TigerLikesRooster · 1 replies
    Hackers Breached LoopPay, Whose Tech Is Central to Samsung Pay By NICOLE PERLROTH and MIKE ISAAC OCT. 7, 2015 WASHINGTON — Months before its technology became the centerpiece of Samsung’s new mobile payment system, LoopPay, a small Massachusetts subsidiary of the South Korean electronics giant, was the target of a sophisticated attack by a group of government-affiliated Chinese hackers. As early as March, the hackers — alternatively known as the Codoso Group or Sunshock Group by those who track them — had breached the computer network of LoopPay, a start-up in Burlington, Mass., that was acquired by Samsung in February...