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Business/Economy (News/Activism)

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  • Hundreds arrested as Beijing launches stock market crackdown

    08/31/2015 3:04:01 AM PDT · by SkyPilot · 3 replies
    CNN Money ^ | 31 Aug 15 | CNN staff
    Chinese authorities have arrested nearly 200 people for alleged online rumor-mongering about China's stock market turmoil and a recent, deadly chemical factory explosion in Tianjin. Among the arrested is Wang Xiaolu, a journalist for financial publication Caijing Magazine, "who has been placed under 'criminal compulsory measures' for suspected violations of colluding with others and fabricating and spreading fake information on securities and futures market," according to Chinese state media. Government officials have also been placed under arrest, including Liu Shufan, an official with the China Securities Regulatory Commission, who has been accused of bribery, fraud and completing under-the-table deals. At...
  • It looks like China is through propping up its stock market

    08/31/2015 1:40:56 AM PDT · by TigerLikesRooster · 11 replies
    Business Insider ^ | Aug. 31, 2015 | David Scutt
    It looks like China is through propping up its stock market David Scutt, Business Insider Australia China’s government, through financial intermediaries, was actively supporting the nation’s stock market through large-scale purchases late last week, but it’s unlikely to last. According to the Financial Times, the government has apparently abandoned plans to boost stocks through continued widespread buying, instead focusing its attention on punishing those suspected of destabilizing stocks in order to boost flagging investor confidence. “China’s leaders feel they mishandled the stock market rescue efforts by allowing too much information to become public” stated the FT, citing a leaked document...
  • The Weekend Is Over, And We're Tumbling Again

    08/30/2015 9:00:45 PM PDT · by blam · 17 replies
    businessinsider.com BI ^ | 8-30-2015 | Sam Ro
    Sam RoAugust 30,2015US futures are trading in the red, signaling more volatility for the US stock markets when they open on Monday Dow futures are down 177 points, S&P futures are down 22 points, and Nasdaq futures are down 46 points. This follows what's being interpreted as hawkish comments from Stanley Fischer, Vice Chairman of the Federal Reserve. "Given the apparent stability of inflation expectations, there is good reason to believe that inflation will move higher as the forces holding down inflation dissipate further," Fischer said on Saturday during a panel at the Kansas City Fed's Economic Symposium in Jackson...
  • Ex-HP board member who voted to fire Fiorina endorses her [Tom Perkins]

    08/30/2015 9:04:22 PM PDT · by CutePuppy · 34 replies
    The Hill ^ | 2015 August 27 | Jesse Byrnes
    A former board member of Hewlett-Packard who voted to fire Carly Fiorina as CEO is now endorsing the businesswoman's 2016 Republican presidential campaign. "Carly did what she was brought in to do: turn the company around and make it successful again. Not only did she save the company from the dire straits it was in, she laid the foundation for HP's future growth," Tom Perkins wrote for a full-page New York Times ad. The comments, in an advertisement placed in the newspaper's business section Thursday by a pro-Fiorina super-PAC, were framed as a response to an Aug. 18 Times column...
  • Killer Needs Dh2.7M to Avert Execution (US$720,000)

    08/30/2015 7:17:57 PM PDT · by nickcarraway · 3 replies
    Emirates 24/7 ^ | Saturday, 29 August 2015
    Victim’s relatives demand Dh5m diyaA 23-year-old Saudi on the death row for killing another man during a fight needs to pay SR2.7 million (Dh2.7 million) to escape execution after the victim’s relatives agreed to pardon him in exchange for diya (blood money). Mohammed Al Shareef was sentenced to death a few years after he was convicted of killing another Saudi during a scuffle in the northwestern town of Tabuk. The victim’s family then demanded SR5 million diya to pardon the defendant, prompting the judge to give the killer’s relatives one year to raise the funds. Shareef’s father, quoted by Sabq...
  • How China used more cement in 3 years than the U.S. did in the entire 20th Century

    08/30/2015 7:11:45 PM PDT · by Lorianne · 36 replies
    Washington Post ^ | 24 March 2015 ??? | Ana Swanson
    How China used more cement in 3 years than the U.S. did in the entire 20th Century China used more cement between 2011 and 2013 than the U.S. used in the entire 20th Century. It’s a statistic so mind-blowing that it stunned Bill Gates and inspired haiku. But can it be true, and, if so, how? Yes, China’s economy has grown at an extraordinary rate, and it has more than four times as many people as the United States. But the 1900s were America’s great period of expansion, the century in which the U.S. built almost all of its roads...
  • Planned Parenthood Sues Alabama: State Has No Choice But to Fund Us

    08/30/2015 6:06:30 PM PDT · by Enlightened1 · 28 replies
    AP via CNS News ^ | 08/29/15 | KIM CHANDLER
    Planned Parenthood Southeast on Friday filed a federal lawsuit over Gov. Robert Bentley’s effort to cut off Medicaid payments to the organization’s Alabama clinics. The organization said Bentley’s effort penalizes low-income women who seek contraceptive and preventative health care services at the clinics. The lawsuit was filed in federal court in Montgomery. It accuses Bentley of violating a federal law that they said requires Medicaid patients to have their choice of provider to receive family planning care. “We’re in court today because each and every patient, and her ability to make her own deeply personal and private health care decisions,...
  • 11 dead, over 200 hurt in Saudi Aramco's housing complex fire

    08/30/2015 12:03:58 PM PDT · by BenLurkin · 5 replies
    hindustantimes.com ^ | Aug 30, 2015 22:42 IST
    The fire started in the basement of a tower in the eastern city of Khobar, the kingdom's civil defence said on Twitter. It added that several of the injured were in a "critical condition" and that the casualties were from "various nationalities," without giving details. Photographs published on the civil defence website showed plumes of black smoke rising from the windows of one of the buildings. Authorities said that residents of nearby towers were evacuated as helicopters took part in the firefighting operations
  • (Flashback): Sweet deal for Donald Trumps gold course (backs of taxpayers)

    08/30/2015 11:45:24 AM PDT · by GeronL · 250 replies
    New York Daily News ^ | May 29, 2014 | Juan Gonzalez
    In 2012, then-Mayor Michael Bloomberg gave Donald Trump control of a $236 million public golf course at Ferry Point and threw in a slew of giveaways that include a low revenue-sharing plan with the city and free water. No other city golf course enjoys these perks. ... How many ways do you spell sweetheart deal? Former Mayor Michael Bloomberg apparently wasn’t satisfied with simply handing Donald Trump control over one of the most expensive public golf courses ever built in this country – the new $236 million, 18-hole Parks Department course scheduled to open next spring at Ferry Point Park...
  • China Falters, and the Global Economy Is Forced to Adapt

    08/30/2015 10:08:09 AM PDT · by Lorianne · 1 replies
    New York Times ^ | 26 August 2015 | Keith Bradsher
    The commodities giant BHP Billiton spent heavily for years, mining iron ore across Australia, digging for copper in Chile, and pumping oil off the coast of Trinidad. The company could be confident in its direction as commodities orders surged from its biggest and best customer, China. Now, BHP is pulling back, faced with a slowing Chinese economy that will no longer be the same dominant force in commodities. Profit is falling and the company is cutting its investment spending budget by more than two-thirds. China’s rapid growth over the last decade reshaped the world economy, creating a powerful driver of...
  • Central banks can’t save the markets from a crash. They shouldn’t even try

    08/30/2015 10:06:32 AM PDT · by Lorianne · 10 replies
    Guardian UK ^ | 30 August 2015
    Like children clinging to their parents, stock market traders turned to their central banks last week as they sought protection from the frightening economic figures coming out of China. Surely, they asked, the central banks would ward off the approaching bogeymen, as they had so many times since the 2008 crash. The US Federal Reserve came up with the goods. William Dudley, president of the bank’s New York branch, hinted that the interest rate rise many had expected next month was likely to be delayed. A signal that borrowing costs would remain at rock bottom was all it took. After...
  • In 2008, Fewer Than 30 Million Used Food Stamps. Now 46 Million Do

    08/30/2015 9:35:51 AM PDT · by Enlightened1 · 15 replies
    The Daily Signal ^ | 08/30/15 | Ed Feulner
    Unemployment has dropped in recent years, yet still—far too many people are participating. One out of every seven Americans received SNAP benefits in 2014, and the program cost $74.1 billion, making it one of the largest means-tested welfare program. You’d think the improving jobs situation would translate to the number of SNAP beneficiaries declining by a much larger margin. But that hasn’t been the case. Another reason for saying that food stamp numbers aren’t really going in the right direction? Look at how the SNAP demographic has changed. Before the 2008 recession, 55 percent of SNAP households consisted of children...
  • GE rules out relocation to Dallas because of Texas politicians’ views, report says

    08/30/2015 8:07:02 AM PDT · by 2ndDivisionVet · 44 replies
    The Dallas Morning News ^ | August 29 2015 | Michael A. Lindenberger
    Neither Dallas Mayor Mike Rawlings nor officials from General Electric would confirm on Friday reports that General Electric Co. had decided against relocating its global headquarters to the city because of Texas politicians’ opposition to the Export-Import Bank. Republicans Rep. Jeb Hensarling and Sen. Ted Cruz have each been outspoken in their opposition to the Ex-Im Bank, a federal agency that offers loans, loan guarantees and credit insurance to help U.S. firms sell their products overseas. Hensarling’s opposition to the bank has grown from a small movement two years ago to a full-scale rebellion, dismaying the bank’s supporters among major...
  • How farmers from rural China bet on the stock market and lost

    08/30/2015 7:02:14 AM PDT · by SkyPilot · 18 replies
    The Washington Post ^ | 29 Aug 15 | Emily Rauhala
    Nobody has seen the village chief. Just months ago, his courtyard home at the edge of the orchard was a makeshift trading floor where local farmers gathered to share tips and track the Shanghai Composite. Now, the gates are closed, a security camera stands watch, and nobody wants to talk about the stock-trading local party secretary. “Out for the whole day,” ventured a neighbor. “Who?” said another. “Maybe he flew away in a plane,” joked a third. It is a scene playing out across China. This spring, the country was gripped by stock fever, a frenzy of borrowing and...
  • The Chinese super-rich are about to flood the US real-estate market

    08/30/2015 6:58:19 AM PDT · by SeekAndFind · 51 replies
    Business Insider ^ | 08/30/2015 | Lucinda Shen
    After yet another drop in the Shanghai stock market and Hang Seng index on August 6, Daniel Chang heard his cell phone ping. The real-estate agent was on a business trip in Shanghai, and he was mid-bite during a dinner when he saw his phone light up from a message on his app, WeChat. It was a Chinese client concerned over a $6 million property she was about to buy in New York City. She was visiting New York at the time. "I don't know if I can do this," she told him over voicemail. "I might have to back...
  • Mutiny at the Hugo Awards

    08/30/2015 6:55:55 AM PDT · by pabianice · 13 replies
    realcleafpolitics ^ | 8/30/15 | Young
    The latest pitched battle in science fiction is not between space pirates and alien monsters but between fandom factions, with the Hugo Awards as the battlefield. Depending on where you stand, this fight pits either forces of progress against reactionary barbarians or the elitist establishment against anti-authoritarian rebels. The progressive elites have decisively won this round; but was it a pyrrhic victory? One thing is certain: this culture war is here to stay. The Hugos are science fiction’s Oscars, selected by fans—anyone who pays the $40 World Science Fiction Convention membership fee is eligible to nominate and vote—and presented at...
  • Enraging industry, labor board asserts its power under Obama

    08/29/2015 11:27:35 PM PDT · by Cincinatus' Wife · 16 replies
    The Hill ^ | August 29, 2015 | Tim Devaney
    The National Labor Relations Board (NLRB) has become a lightning rod for controversy under President Obama, with its aggressive actions fueling sustained warfare between business and labor. From the labor board’s bitter fight with Boeing, to the creation of new union election rules, the NLRB has repeatedly moved to the forefront of political debate, drawing in Congress, the White House and even the Supreme Court. The NLRB’s latest bombshell was dropped on Thursday, when the board determined the waste management agency Browning-Ferris should be considered a “joint employer” of temporary workers. The decision expands the definition of what it means...
  • The Democratic Party Adopts $15/hour Minimum Wage into National Platform

    08/29/2015 10:09:00 PM PDT · by TigerClaws · 51 replies
    The Democratic Party on Friday adopted a call to raise the minimum wage to $15/hr as part of their established party platform heading into the 2016 election season. The move further polarizes the progressive wing of the party by moving them further to the left of both the Republican Party, and corporate centrist Democrats such as Hillary Clinton. In response to the Democratic Party’s vote, Terrence Wise, a Kansas City, Mo. McDonald’s and Burger King Worker and member of the National Organizing Committee of the Fight for $15, issued the following statement.
  • Woman, 80, trampled to death in Venezuelan supermarket stampede

    08/29/2015 9:12:30 PM PDT · by Kartographer · 27 replies
    An 80-year-old Venezuelan woman died, possibly from trampling, in a scrum outside a state supermarket selling subsidized goods, the opposition and media said on Friday. The melee at the store in Sabaneta, the birthplace of former Venezuelan leader Hugo Chavez, was the latest such incident in the South American nation where economic hardship and food shortages are creating long queues and scuffles.
  • Immigration shift shows India, China outpacing Mexico (AP context abuse)

    08/29/2015 6:55:59 PM PDT · by Olog-hai · 48 replies
    Associated Press ^ | Aug 29, 2015 6:03 PM EDT | Jamie Stengle
    Siddharth Jaganath wanted to return to India after earning his master’s degree at Texas’ Southern Methodist University. Instead, he built a new life in the U.S. over a decade, becoming a manager at a communications technology company and starting a family in the Dallas suburb of Plano. “You start growing your roots and eventually end up staying here,” the 37-year-old said. His path is an increasingly common one: Immigrants from China and India, many with student or work visas, have overtaken Mexicans as the largest groups coming into the U.S., according to U.S. Census Bureau research released in May. The...
  • Black Lives Matter Protesters Chant: ‘Pigs In A Blanket, Fry ‘Em Like Bacon’ [VIDEO]

    08/29/2015 6:14:56 PM PDT · by markomalley · 73 replies
    Daily Caller ^ | 8/29/15 | Chuck Ross
    Black Lives Matter protesters marching on the Minnesota state fair on Saturday spewed violent anti-cop rheotric just hours after a Harris County, Tex. sheriff’s deputy was ambushed and executed at a Houston-area gas station.“Pigs in a blanket, fry ’em like bacon,” activists with the St. Paul, Minn. branch of Black Lives Matter chanted while marching behind a group of police officers down a highway just south of the state fair grounds.WATCH:https://twitter.com/AFRICANAMERICA1/status/637712512947896320 Carrying signs reading “End White Supremacy” and “Black Lives Matter,” the protesters railed against racial inequality, the criminal justice system and policing. Besides issuing the chant calling cops by...
  • 662 Babies Saved From Abortions in Wisconsin After Planned Parenthood Funding Cut, Pro-Life Laws

    08/29/2015 3:21:11 PM PDT · by Morgana · 2 replies
    LifeNews.com ^ | Steven Ertelt Aug 26, 2015
    The Wisconsin health department released new abortion numbers today and they provide additional evidence that cutting taxpayer funding to Planned Parenthood and enacting additional pro-life laws saves unborn babies from abortion. Specifically, 662 babies were saved from abortions in the latest year for which abortion data is available compared with the year before. The newly released Department of Health Services Reported Induced Abortions in Wisconsin report shows there were 6,462 abortions performed in 2013 and 5,800 in 2014. Those numbers come three years after pro-life Wisconsin Governor Scott Walker signed a bill to cut taxpayer funding to the Planned Parenthood...
  • Aborted babies’ hands too disturbing? Solution: chop them off before shipping the bodies

    08/29/2015 3:07:59 PM PDT · by Morgana · 15 replies
    lifesitenews.com ^ | Aug 26, 2015 | John Jalsevac
    August 26, 2015 (LifeSiteNews) - As if we needed more evidence that many of those in the abortion industry know perfectly well what they are doing, along comes the latest undercover video from the Center for Medical Progress (CMP). The video includes disturbing undercover footage of a conversation with Cate Dyer, the CEO of StemExpress, a biomedical firm that acquires the bodies of aborted babies from Planned Parenthood clinics. During that conversation Dyer infamously jokes with an undercover investigator about the need to warn lab techs ahead of time when a fully “intact” aborted baby's cadaver is being shipped to...
  • Abortions down by over 4,000 cases in Texas as a result of tough pro-life laws

    08/29/2015 2:43:10 PM PDT · by Morgana · 5 replies
    christiantoday.com ^ | 28 August 2015 | Jonah Hicap
    Abortions in Texas decreased by more than 4,000 cases in 2013 from 2012, which officials attribute to anti-abortion laws—some of the toughest in the United States—passed in the state in 2013. According to the Texas Department of State Health Services (DSHS), there were 63,849 abortions in the state in 2013, down by 4,449 from 68,298 in 2012 and 72,470 in 2011. It was in 2013 when anti-abortion laws came into effect in Texas, according to LifeSiteNews. "We're now seeing the full impact of pro-life laws in Texas. The number of abortions has declined as life-saving legislation goes into effect," said...
  • EXCLUSIVE: TRUMP CALLS CLUB FOR GROWTH ‘A PACK OF THIEVES’

    08/29/2015 2:24:06 PM PDT · by Hojczyk · 131 replies
    Breitbart ^ | August 29,2015 | by MICHAEL PATRICK LEAHY
    In an exclusive interview with Breitbart News, GOP front runner Donald Trump is firing back at the Club for Growth. “They’re a pack of thieves,” Trump told Breitbart News as he was leaving Nashville’s Rocketown facility. He had just finished delivering a high-energy speech to an overflow crowd of more than 1,000 people. Trump was attending the annual convention of the National Federation of Republican Assemblies, which describes itself as “the grassroots Republican wing of the Republican Party.” “They [the Club for Growth] came to my office looking for money. I turned them down. That’s why they’re after me,” Trump...
  • Planned Parenthood Sues Alabama After State Yanks Taxpayer Funding Over Selling Aborted Babies

    08/29/2015 2:27:44 PM PDT · by Morgana · 14 replies
    lifenews.com ^ | Steven Ertelt Aug 28, 2015
    The Planned Parenthood abortion business has filed a lawsuit against the state of Alabama after Governor Governor Robert Bentley made the decision to yank its taxpayer funding. The state cut Planned Parenthood’s funding after a national scandal involving the abortion company selling the body parts of aborted babies. This is the second Planned Parenthood lawsuit against a state for its decision to revoke taxpayer funding — following a suit against pro-life Louisiana Governro Bobby Jindal after his state canceled a state contract with Planned Parenthood. After Louisiana and other states yanked taxpayer funding, the Obama administration threatened them — but...
  • Planned Parenthood cuts its hours in New Hampshire after losing state funding

    08/29/2015 2:23:50 PM PDT · by Morgana · 12 replies
    lifesitenews.com ^ | Aug 28, 2015 | Fr. Mark Hodges
    EXETER, NH, August 28, 2015 (LifeSiteNews) — Planned Parenthood in New Hampshire is complaining that state funding cuts mean they have had to cut their hours, prompting cheers from pro-life leaders. New Hampshire became the third state to cut funding to the nation's largest abortion business, after undercover videos revealed officials calmly and jokingly discussing the sale of aborted baby organs -- and how Planned Parenthood abortionists can modify surgical procedures so as to obtain and sell intact aborted babies. As a result of losing some New Hampshire tax funding, Planned Parenthood has announced fewer hours of operation. They say...
  • Canadian Maple Syrup ‘Rebels’ Clash With Law

    08/29/2015 1:04:23 PM PDT · by Lorianne · 68 replies
    New York Times ^ | 20 August 2015 | Ian Austen
    The scenic and narrow lane that leads to Robert Hodge’s sugar camp is surrounded by a cat’s cradle of plastic piping that draws sap from 12,000 trees. At the end of the lane, a ramshackle hut contains reverse osmosis pumps to concentrate the harvest. A stainless steel evaporator, about the size of a truck, finishes the conversion into maple syrup. Just one thing is missing: the maple syrup. For weeks, security guards, hired by the Federation of Quebec Maple Syrup Producers, kept watch over Mr. Hodge’s farm. Then one day, the federation seized 20,400 pounds of maple syrup, his entire...
  • Owned by Union, Amalgamated Bank Gives Lift to the Left

    08/29/2015 12:01:34 PM PDT · by Theoria · 2 replies
    The New York Times ^ | 29 Aug 2015 | Nicholas Confessore
    When Ready for Hillary, a pro-Hillary Rodham Clinton “super PAC,” wanted to take out a million-dollar loan five months before it planned to go out of business, it turned to a bank that was founded to guard the savings of New York City garment workers.When the Democracy Alliance, an influential club of liberal donors, sought to recruit members in advance of the 2016 elections, the bank’s president helped to make introductions.And when workers-rights groups wanted to embarrass Walmart and the Gap for unsafe working conditions at factories supplying their stores, Amalgamated Bank, which manages $40 billion in pension fund assets,...
  • What Drought? Some L.A. County Supervisors Have Their Cars Washed 2, 3 Times a Week

    08/29/2015 11:54:25 AM PDT · by nickcarraway · 24 replies
    Los Angeles Daily News ^ | 08/25/15 | Mike Reicher
    Despite living in one of the most car-centric and image-conscious cities in the world, many Los Angeles drivers have cut their carwashes during the crippling drought. Not so for the Los Angeles County Board of Supervisors. The majority of the supervisors wash their take-home cars two or three times a week, service records show, and actually washed them more frequently after Gov. Jerry Brown ordered a 25 percent cut in urban water use. As the county’s washes continue to consume tap water, some other local governments have pledged to skip washes for months or are using recirculated water. “When government...
  • Chick-Fil-A finds a beef in Westchester (homosexual agenda by LAX?)

    08/29/2015 11:06:03 AM PDT · by CreviceTool · 20 replies
    Argonaut Online ^ | August 26,2015 | Gary Walker
    Westchester’s neighborhood council has been taking complaints for years about a boarded-up former Grinder restaurant on Sepulveda Boulevard near Manchester Avenue, which until recently was occupied by a group of homeless men. So when Chick-Fil-A came calling with an interest in taking over the site, it looked like a win-win. Instead, a longstanding ban on drive-thru restaurants in downtown Westchester has Los Angeles City Councilman Mike Bonin opposed to the plan and butting heads with a neighborhood council wanting to make an exception to the rule. The stalemate between Bonin and supporters of the fast-food chain has property owner Perry...
  • The NLRB’s Power Grab: A Very Dangerous, Troublemaking Government Department

    08/29/2015 6:51:28 AM PDT · by SeekAndFind · 7 replies
    National Review ^ | 08/29/2015 | The Editors
    Why should a union representing workers who are not employees of McDonald’s be empowered to squeeze concessions out of McDonald’s? Why did Willie Sutton rob banks? In a party-line decision, the Democrat-dominated National Labor Relations Board has decided that employees of contractors can be treated as employees of other companies when . . . well, when it is convenient for Democratic constituencies that they be so treated. The underlying case involved an operator of recycling centers, Browning-Ferris Industries of California, which uses subcontractors to staff some of its facilities. Firms have many reasons for using subcontracted labor, one of which...
  • As UAW contract ends, Wisconsin workers’ rights expand

    08/29/2015 3:22:17 AM PDT · by afraidfortherepublic · 54 replies
    Wisconsiin Watchdog ^ | 8-29-15 | M. D. Kittle
    MADISON, Wisconsin — A worker-freedom organization is sending a special legal notice to unionized employees of the Big Three automakers in Wisconsin, Indiana and Michigan. The National Right to Work Legal Defense Foundation wants United Auto Workers members at General Motors, Ford and Chrysler to know their new workplace rights now that they are residents of right-to-work states. Those new rights kick in Sept. 15, after the old UAW contracts, which included forced union dues, expire. In a statement Thursday, the Right to Work Legal Defense Foundation said that once the UAW’s “monopoly bargaining contracts” with the automakers end, all...
  • Lies You Will Hear As The Economic Collapse Progresses

    08/29/2015 3:04:20 AM PDT · by HomerBohn · 57 replies
    SHTF Plan ^ | 8/27/2015 | Brandon Smith
    It is undeniable; the final collapse triggers are upon us, triggers alternative economists have been warning about since the initial implosion of 2008. In the years since the derivatives disaster, there has been no end to the absurd and ludicrous propaganda coming out of mainstream financial outlets and as the situation in markets becomes worse, the propaganda will only increase. This might seem counter-intuitive to many. You would think that the more obvious the economic collapse becomes, the more alternative analysts will be vindicated and the more awake and aware the average person will be. Not necessarilyÂ… In fact, the...
  • Scott Walker touts $4.7 billion in tax cuts. Is he right?

    08/29/2015 1:55:00 AM PDT · by Cincinatus' Wife · 18 replies
    Politifact ^ | August 28, 2015 | Lucas Daprile
    "..."By the end of this budget I’m in right now, taxes will have been cut $4.7 billion in my state," Walker said in the Aug. 17, 2015 interview. Last year, we checked a claim from Walker that tax cuts for his first term tallied $2 billion. We rated that True, based on numbers from the nonpartisan Legislative Fiscal Bureau, which is considered the gold standard on state fiscal matters. Now that some time has passed, and the boasted-about number is $2.7 billion larger, we thought we’d do some updated bean counting. $4.7 billion We recently dealt with the tax-cut picture...
  • Berkeley May Raise Age To Purchase Tobacco, E-Cigarettes To 21

    08/28/2015 9:48:35 PM PDT · by nickcarraway · 20 replies
    Berkeley City Councilman Jesse Arreguin proposed Tuesday to ban the sale of tobacco to youths under 21, saying there’s been an alarming increase of underage tobacco use, including a large jump in the use of electronic cigarettes. Arreguin said if the City Council passes his plan next month, Berkeley would join Healdsburg, New York City and the state of Hawaii as the only government agencies to bar such sales. Currently, it’s legal in California to sell tobacco products to youths who are over the age of 18. Noting that Berkeley banned the use of e-cigarettes in public places earlier this...
  • 'He's one of the great sleaze bags of our time':...

    08/28/2015 8:46:59 PM PDT · by Impala64ssa · 58 replies
    Daily Mail ^ | 8/28/15 | CHRIS PLEASANCE
    ...Trump accuses Clinton aide of sharing secret emails with 'perv' husband Anthony Weiner Trump launched highly personal attack on Clinton aide Huma Abedin Accused her of sharing secret emails with husband Anthony Weiner He branded Weiner a 'perv' and 'one of the great sleaze bags of our time' Trump also called America the 'sucker' of the international community Said U.S. 'gets involved in everything' without asking for anything back In typically brash style Donald Trump has tonight taken a blistering aim at Hillary Clinton and her aide Huma Abedin during an event for supporters in Boston. Discussing the Clinton email...
  • Gunman in on-air deaths remembered as 'professional victim'

    08/28/2015 8:49:16 PM PDT · by 2ndDivisionVet · 19 replies
    Yahoo! News ^ | August 28, 2015 | David Dishneau and John Raby, The Associated Press
    ROANOKE, Va. (AP) — The woman who survived the on-air shooting that killed two TV journalists says she never saw the gunman walk up to the group because the camera's bright light blinded her. Vicki Gardner, a chamber of commerce official, was answering questions about the community on live TV when the gunfire erupted. She was wounded as she fell to the ground after hearing the first gunshots, her husband said Friday. The gunman, Vester Flanagan, ambushed WDBJ-TV cameraman Adam Ward and reporter Alison Parker during the interview Wednesday at the Smith Mountain Lake Visitor Center....
  • Trump attended big-donor fundraiser last month

    08/28/2015 5:14:41 PM PDT · by JediJones · 24 replies
    Politico ^ | 08/23/15 | Katy O'Donnell
    Despite his prior pledge to self-fund his campaign, the billionaire businessman now appears to be embracing big donors. ...even as Trump publicly scorned other candidates’ use of super PACs, he tacitly gave approval to the Make America Great Again PAC by attending a fundraiser the group held [in July]. Trump spoke for between 10 and 15 minutes at the mid-July fundraiser, where about 200 people packed into a private residence in Manhattan. “There are so many people wanting to contribute and I am so grateful for their support. I appreciate the moral investment in my vision to Make America Great...
  • Planned Parenthood cited for inaction with pathology reports (St. Louis, MO)

    08/28/2015 4:29:05 PM PDT · by Morgana · 3 replies
    stlouisreview.com ^ | August 26, 2015 | Jennifer Brinker
    Planned Parenthood in St. Louis was cited earlier this year for not sending pathology reports from abortions to the Missouri Department of Health and Senior Services, as required by law. That was the latest item revealed at an Aug. 25 hearing of the Missouri Senate's Interim Committee on the Sanctity of Life, which is investigating how Planned Parenthood operates in Missouri. The committee began meeting this month in response to the Center for Medical Progress' undercover videos depicting Planned Parenthood officials discussing the sale of fetal body parts. John Langston, a manager with the Department of Health and Senior Services,...
  • Full, Unedited 8th Video Confirms Planned Parenthood Sells Fully Intact Aborted Babies

    08/28/2015 4:21:46 PM PDT · by Morgana · 25 replies
    Life News ^ | Steven Ertelt Aug 28, 2015
    Today, the Center for Medical Progress released the full, uncut video of the conversation between undercover investigators form CMP and top officials with StemExpress, which buys aborted babies and their body parts from Planned Parenthood. The full footage is of a shorter video that summarized the meetings earlier this week. The release of the full, unedited video also comes one day after Planned Parenthood released a new report claiming the eight videos released exposing it were “altered.” The abortion giant says the videos were manipulated and therefore not eligible for serious inquiry by Congress, which has launched two joint investigations...
  • Ontario government hiding plans for toll lanes

    08/28/2015 12:33:41 PM PDT · by Tolerance Sucks Rocks · 10 replies
    The Toronto Sun ^ | August 22/24, 2015 | Shawn Jeffords
    TORONTO - The Ontario government has been working on plans for high occupancy toll lanes on three Greater Toronto and Hamilton Area highways since 2013, but has kept most of the details secret. When the NDP filed a Freedom of Information request in early 2014 for detailed information on the work, which includes traffic models, most of the documents were to be blacked out or not released at all, according to a report obtained by the Toronto Sun. Ministry of Transportation staff prepared the note to give senior bureaucrats and the minister’s office a heads-up about the NDP’s “contentious” request....
  • Mother and Daughter Spend $86K on Plastic Surgery to Look Like Celeb Idol Kayla Morris

    08/28/2015 12:23:34 PM PDT · by pabianice · 130 replies
    Yahoo News ^ | 8/28/15 | Bertsche
    A mother-daughter pair claim they’ve spent more than $86,000 on plastic surgery in the last three years in order to look more like a British model and reality star. Morris Georgina Clarke, 38, and her daughter Kayla Morris, 20, open up in a new video from News Dog Media about what they say is their love of plastic surgery. In the video, Clarke explains that she and her daughter started watching TV personality and model Katie Price years ago, and both thought she had “the whole package.” Price, a household name in the U.K., is famous for, among other things,...
  • A new program aims to help poor and minority families qualify for mortgages.[Fannie]

    08/28/2015 11:48:10 AM PDT · by Lorianne · 37 replies
    Atlantic, the ^ | 28 August 2015 | Gillian B. White
    In the years since the recession, the dream of a steady paycheck and a home in a nice neighborhood have become more elusive for many working-class Americans. While some may say that the lack of homeownership reflects changing values, owning a home remains an important tool for wealth building for most families. Yet it is particularly unattainable for low-income and minority households. The homeownership rate for households that fall below median income was less than 50 percent in 2014, for those who made above the median it was nearly 80 percent. And the gap in homeownership between whites, and blacks...
  • China's workers abandon the city as Beijing faces an economic storm

    08/28/2015 11:36:02 AM PDT · by Lorianne · 11 replies
    Guardian UK ^ | 26 August 2015 | Tom Phillips
    Liu Weiqin swapped rural poverty for life on the dusty fringes of China’s capital eight years ago hoping – like millions of other migrants – for a better future. On Thursday she will board a bus with her two young children and abandon her adopted home. “There’s no business,” complained the 36-year-old, who built a thriving junkyard in this dilapidated recycling village only to watch it crumble this year as plummeting scrap prices bankrupted her family. “My husband will stick around a bit longer to see if there is any more work to be found. I’m taking the kids.” “The...
  • Law of Unintended Consequences: New EU Tax Laws Force Thousands of Businesses to Close

    08/28/2015 11:09:42 AM PDT · by george76 · 16 replies
    Breitbart News Network ^ | 28 Aug 2015 | Donna Rachel Edmunds
    Law of Unintended Consequences: New EU Tax Laws Force Thousands of Businesses to Close in Just Six Months { Full title ]. New European Union tax rules introduced in January have already driven thousands of small companies out of business, with thousands more set to follow as awareness of the change in the VAT law grows. Research has shown that incompetence on the part of collecting agencies has further added misery to the situation. After an eight-year consultation which excluded the voices of micro-businesses, the EU introduced new rules on VAT returns at the beginning of this year, which required...
  • Ashley Madison CEO steps down in wake of hack

    08/28/2015 10:56:08 AM PDT · by Morgana · 20 replies
    nypost.com ^ | August 28, 2015 | | Associated Press
    NEW YORK — The CEO of the company that runs adultery website Ashley Madison is stepping down in the wake of the massive breach of the company’s computer systems and outing of millions of its members. Avid Life Media Inc. says Noel Biderman’s departure is effective immediately and was a mutual decision. “This change is in the best interest of the company and allows us to continue to provide support to our members and dedicated employees,” Avid Life’s statement reads. “We are steadfast in our commitment to our customer base.” Biderman didn’t immediately return an email sent to his work...
  • Nestle accused of using slave-caught fish in cat food

    08/28/2015 10:44:40 AM PDT · by AbolishCSEU · 34 replies
    Yahoo News/AFP ^ | 8/28/2015
    New York (AFP) - Swiss food giant Nestle is being sued in the United States for allegedly knowingly allowing its Fancy Feast cat food to contain fish from a Thai supplier that uses slave labor.
  • Planned Parenthood Alleges 'Smear' in Letter to Congress

    08/28/2015 10:12:11 AM PDT · by Morgana · 18 replies
    abcnews.go.com ^ | Aug 27, 2015 | BRIAN MELLEY Associated Press
    Planned Parenthood Federation of America defended itself in a letter to Congress and sent a report showing undercover videos of officials discussing fetal tissue for research were heavily altered by anti-abortion activists. A Planned Parenthood executive said Thursday that experts found the videos were distorted to misrepresent conversations employees had with an anti-abortion activist posing as a biomedical company employee. Executive Vice President Dawn Laguens says her organization broke no laws and that the videos are part of an agenda to ban abortion.
  • Carly Fiorina Responds to Hillary's Comparison of Republicans to Terrorists

    08/28/2015 9:57:33 AM PDT · by Morgana · 5 replies
    townhall.com ^ | Aug 28, 2015 | Katie Pavlich
    In case you missed it yesterday, Hillary Clinton essentially said Republicans and terrorists treat women the same way. "Now, extreme views about women, we expect that from some of the terrorist groups, we expect that from people who don't want to live in the modern world, but it's a little hard to take from Republicans who want to be the president of the United States. Yet they espouse out of date, out of touch policies. They are dead wrong for 21st century America. We are going forward, we are not going back," she said.