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Business/Economy (News/Activism)

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  • Ted Cruz is ‘not the establishment but doesn’t need on-the-job training’

    11/27/2015 7:19:00 AM PST · by Isara · 64 replies
    Soshable ^ | Nov 27, 2015 | JD Rucker
    There are many of us, perhaps millions, who believe that the Republican party as a governing force has been the lesser of two evils. We fear what the Democrats are doing to destroy the country but we’re angry about what the Republicans aren’t doing to repair the damage. This is why Donald Trump and Ben Carson have been so popular. It’s why so many people are willing to tell pollsters that they support either of the anti-establishment candidates.Thankfully, there’s a third candidate who would stand in stark contrast to the ineffective Republican Establishment that has been harming the party and...
  • Why do you never see gasoline taxes itemized on your receipt? The answer will shock you

    11/27/2015 8:00:49 AM PST · by SeekAndFind · 26 replies
    American Thinker ^ | 11/27/2015 | Michael Bargo Jr.
    In April 2014, I suddenly realized that when you buy gasoline, the receipt does not list all the different taxes you have to pay.  So I emailed the Illinois Policy Institute ( and asked them to make up a facsimile of a gas receipt.  Here's what they came up with, and they featured it in a story on their website.  Turns out a gallon of gas in Chicago has eight taxes on it.  In Park Ridge adds two cents more.  (I think today they are higher.)  I went to a neighborhood gas station – the owner was a nice...
  • Chinese shares plunge 5.5% as authorities probe brokers over violations

    11/27/2015 7:16:45 AM PST · by TigerLikesRooster · 5 replies
    Market Watch ^ | Nov 27, 2015 | Chao Deng
    Chinese shares plunge 5.5% as authorities probe brokers over violations By Chao Deng Published: Nov 27, 2015 3:25 a.m. ET Chinese authorities’ investigations into two major Chinese brokerages over suspected violations drove shares in Shanghai sharply lower Friday. The Shanghai Composite Index SHCOMP, -5.48% fell 5.5% to 3,436.30, the largest daily percentage loss since Aug. 18. The losses wiped out most of Shanghai’s gains this month and the index remains down 38% from a June peak. The benchmark is still up 1.6% month-to-date, and up 14% from its August low. Hong Kong’s Hang Seng HSI, -1.87% shed 1.6%, putting it...
  • Video: Who’s really protesting Walmart?

    11/27/2015 6:26:58 AM PST · by rktman · 21 replies ^ | 11/27/2015 | Jazz Shaw
    Tis the season, once again upon us, when an age old tradition returns to cities and towns across the nation. I don’t mean the usual Thanksgiving feasts of yesterday or even the commercial mayhem of Black Friday. We’re talking about the annual protests of Walmart by their beleaguered workers who want a fifteen dollar an hour minimum wage and, much more to the point, official union representation. The OurWalmart campaign was back at it as usual, preparing to disrupt holiday shopping plans for the masses who prepare to launch into the Christmas giving season. But who are these protesters, really?...
  • Celebrate, America, Because The First TV Channel Dedicated To Selling Guns Is Almost Here

    11/27/2015 5:57:51 AM PST · by rktman · 31 replies ^ | 11/26/2015 | Eric Owens
    Are you the kind of person who likes the Home Shopping Network but thinks it could be massively improved with a lot less jewelry and a lot more firearms and concealed weapons apparel for women? If so, next year will be a banner year for you because GunTV, a new, 24-hour live-shopping channel dedicated to the sale of guns and gun-related gear, is scheduled for a January 2016 launch. The station will be run by The Social Responsibility Network (which appears to run nothing else). Louisiana-based Sports South, a 174-year-old distributor of guns and ammunition, is a partner in the...
  • Distrust of federal land agencies escalates with conviction of Oregon ranchers

    11/27/2015 5:09:19 AM PST · by rktman · 12 replies ^ | 11/27/2015 | Marjorie Haun
    Ranchers in the West are engaged in 21st-century range wars, but their adversaries are not the rustlers and cattle barons of lore. Federal land management agencies, overzealous officers, and self-righteous judges are the foes western ranchers fear the most. On October 7, father and son ranchers from Oregon, Dwight, 73, and Steven Hammond, 46, were labeled as terrorists and sentenced to five years in federal prison under anti-terrorism laws. In 2001, a fire set by the Hammonds to eliminate overgrown sagebrush on their own property inadvertently spread to adjacent BLM land. The two were convicted of arson when the Bureau...
  • Airbus wants to build 'shipping container' cabins that

    11/27/2015 4:56:01 AM PST · by Winniesboy · 82 replies
    Daily Telegraph (UK) ^ | November 11 2015 | Andrew Trotman
    Proposal would mean passengers wouldn't have to wait to board, and planes would spend less time on the ground...The proposal would see passengers "board" the cabin and take their seats, before it is lifted like a shipping container onto the back of the plane. It is then fixed into place and the plane operates as normal....The idea is designed to speed up the boarding process by allowing ticket-holders to take their seats before their plane is ready and in position at the airport's gate... "The period of imobilisation on the ground of the aeroplanes between two successive flights increases their...
  • The False Promise of a Rules-Based Fed [--AND THE GOLD STANDARD]

    11/27/2015 4:46:29 AM PST · by expat_panama · 10 replies
    Wall Street Journal ^ | Nov 25, 2015 | Greg Ip
    Last week the House of Representatives passed a bill that would bring about the most sweeping changes to the Federal Reserve since the 1930s. At the heart of the bill is a requirement that the Fed set interest rates according to a quantitative rule. Like advocates of the gold standard, proponents of the bill blame many of the economy’s ills on the Fed exercising too much discretion... [snip] Legislating a rule doesn’t do away with discretion, but makes it more likely discretion will be exercised only after the rule has failed, perhaps at great economic cost. [snip] In a dynamic...
  • Colorado’s skyrocketing electricity prices could get much worse

    11/26/2015 7:59:46 PM PST · by george76 · 41 replies
    Independence Institute ^ | November 24, 2015 | michael
    The cost of electricity for Colorado residents skyrocketed 63 percent between 2001 and 2014, far outpacing median income in the state at just 24 percent over the same time period ... Retail residential electricity rates increased from 7.47 cents per kilowatthour in 2001 to 12.18 cents per kilowatthour by 2014, a 63.1 percent hike. Coloradans median income, however, went up just 24.1 percent, from $49,397 to $61,303. Median income in Colorado actually declined between 2008 and 2012. ... Not to mention the state's many business owners, including small business owners, who face the same hikes in energy costs that could...
  • Minimum wage effect? Seattle area restaurant jobs have fallen -900 this year

    11/26/2015 7:04:08 PM PST · by george76 · 36 replies
    AEI ^ | November 23, 2015 | Mark J. Perry
    Minimum wage effect? Seattle area restaurant jobs have fallen -900 this year vs. +6,200 food jobs in rest of state [ Full title ]. What effect will the eventual 58% increase in labor costs from $9.47 to $15 an hour have on small businesses, including Seattle area restaurants? Actually, it will be more like a 95% increase for many employers to $18.55 an hour once all costs and taxes are added. It's too soon to tell for sure, but there is already some preliminary evidence that April's minimum wage hike to $11 an hour, along with the pending increase of...
  • Disney is losing ESPN subscribers by the millions [Feel Good Story of the Day!]

    11/26/2015 8:14:12 AM PST · by SoFloFreeper · 48 replies
    Marketwatch ^ | 11/26/15 | Barbara Kollmeyer
    .... Walt Disney Co. has revealed that it lost three million subscribers to its sports network ESPN within one year..... ....Based on that, the loss of 3 million subscribers in one year would be taking around $216 million away from Disney's coffers.....
  • Union goes to court over longevity pay for future Clark County workers

    Clark County's largest employee union is taking the county to court in effort to overturn an arbitrator's ruling that eliminates hundreds of millions of dollars in longevity pay for future hires. The Service Employees International Union Local 1107 filed a motion to vacate the arbitrator's contract award this week in Clark County District Court. To prevail, the union would need a judge to find that the arbitrator disregarded state law when issuing his final, binding decision. The arbitrator, Ross Runkel, also gave county employees 4.5 percent in retroactive pay increases in his Aug. 25 award. The key sticking point, however,...
  • Google deems Bernie Sanders’ economic plan a ‘phishing scam’

    11/26/2015 7:40:32 AM PST · by Eddie01 · 5 replies
    Washington Times ^ | November 25, 2015 | Stephen Dinan
    Democratic presidential hopeful Bernard Sanders’ economic plan triggered Gmail’s “phishing scam” antenna, with the mail system saying the senator’s liberal campaign promises — including lower prescription drug prices and free college for all — sound like frauds. “Be careful with this message. It contains content that’s typically used to steal personal information,” Gmail said in a bright red warning box that appeared at the top of a message sent by Mr. Sanders’ campaign Friday, laying out his “Agenda for Working Families.” [snip]
  • ‘I was tossed out of the tribe’: climate scientist Judith Curry interviewed

    11/26/2015 7:06:29 AM PST · by markomalley · 24 replies
    The Spectator ^ | 11/26/15 | David Rose
    It is safe to predict that when 20,000 world leaders, officials, green activists and hangers-on convene in Paris next week for the 21st United Nations climate conference, one person you will not see much quotedis Professor Judith Curry. This is a pity. Her record of peer-reviewed publication in the best climate-science journals is second to none, and in America she has become a public intellectual. But on this side of the Atlantic, apparently, she is too ‘challenging’. What is troubling about her pariah status is that her trenchant critique of the supposed consensus on global warming is not derived from...
  • Obama Signs NDAA; DCM to Sell Surplus .45s

    11/26/2015 6:57:07 AM PST · by marktwain · 34 replies
    Ammoland ^ | 26 November, 2014 | Dean Weingarten
    On Wednesday, 25 November, 2015, President Barack Hussein Obama signed the National Defense Authorization act. He had vetoed the first version of the bill to reach his desk on 22 October, 2015, about a month ago. In the latest version, S. 1356, there is a section, 1087, which re-authorizes the Civilian Marksmanship Program to sell surplus 1911 and 1911A1 pistols and their parts and accessories to the public. The sales are limited to 10,000 per year. There are about 100,000 of these pistols available that are surplus, so they should be available for a several years.From the bill(pdf):''(h) AUTHORIZED TRANSFERS.-(1)...
  • Albertsons to Buy Back 33 Stores It Sold as Part of Merger With Safeway

    11/26/2015 6:00:54 AM PST · by BenLurkin · 9 replies
    WSJ ^ | Brent Kendall and Peg Brickley
    Grocery store chain Albertsons Cos. is buying back 33 stores the government required it to sell when it acquired rival Safeway Inc. earlier this year, a highly unusual development approved by a judge on Tuesday that highlights a misfire by U.S. antitrust enforcers. Little has gone according to plan since the Federal Trade Commission allowed the Albertsons-Safeway tie-up in January on the condition that the companies sell 168 stores to preserve competition in several Western states. Without the divestitures, Albertsons would be too dominant in 130 local markets, the FTC said when it agreed to a settlement with the merging...
  • Leaderless

    11/26/2015 4:29:10 AM PST · by HomerBohn · 57 replies
    National Journal ^ | 11/26/2015 | Ron Fournier
    I once asked, What if Obama cant lead? The answer after Paris is painful In his mem­oir, Le­on Pan­etta ar­gued that for all of Barack Obama's strengths, he is miss­ing an es­sen­tial in­gredi­ent of lead­er­ship. He lacks "fire," wrote Obama's former CIA dir­ect­or and Pentagon chief. "The pres­id­ent re­lies on the lo­gic of a law pro­fess­or rather than the pas­sion of a lead­er." Obama has proved Pan­etta right again and again dur­ing his pres­id­ency, but nev­er more dan­ger­ously so than with his shoulder-shrug ap­proach to IS­IS. Obama called it a "J.V. team" be­fore it star­ted be­head­ing Amer­ic­ans. He said it...
  • The New 'Consensus': 97 Percent Of Americans Aren't Worried About Global Warming

    11/26/2015 2:12:29 AM PST · by Cringing Negativism Network · 27 replies
    The DC Caller ^ | November 25, 2015 | Michael Bastasch
    While 97 percent of scientists may agree mankind is driving global warming, 97 percent of Americans don’t seem to care about the issue when stacked up against other concerns such as terrorism or the economy, according to a recent Fox News poll. A November Fox News poll of more than 1,000 registered voters found that only 3 percent listed "climate change" as the most important issue facing the country today, down from 5 percent in August. Americans were much more worried about terrorism, the economy and immigration than global warming. Read more:
  • Donald Trump Rises to 38% Nationally; Ted Cruz Edges into 2nd at 12%

    11/26/2015 1:35:46 AM PST · by Cringing Negativism Network · 30 replies
    Breitbart ^ | 25 Nov 2015 | by John Nolte
    Since last week, in the Reuters 5-day tracking poll, Republican frontrunner Donald Trump has gained two points and risen to 38%. This time last week the billionaire businessman earned 36% support. Despite the DC Media’s best efforts to take him out, Trump appears to be gaining support from a public that no longer trusts the DC Media, and for an endless supply of very good reasons.
  • Obama Admin Sneaks Out 144 Big Regulations Right Before Thanksgiving

    11/25/2015 11:19:15 PM PST · by Olog-hai · 45 replies
    Cybercast News Service ^ | November 25, 2015 | 9:19 AM EST | James Gattuso
    President Obama is nothing if not predictable. Required by law to release plans for new regulations twice a year, the administration has consistently done so just before major holidays, when few are paying attention. Thus, it was no surprise to see his fall 2015 regulatory agenda released last Friday, as many Americans focused on Thanksgiving week with family and friends. [...] ... The regulations span the full scope of American life, ranging from labeling requirements for pet food, new test procedures for battery chargers, mandated paid sick leave for contractors, and automatic speed limiters for trucks to a dozen new...
  • F35 Helmet - A fighter pilot helmet with 360 degrees of sky

    11/25/2015 9:34:53 PM PST · by ProtectOurFreedom · 15 replies
    Washington Post ^ | 11/25/15 | Zoeann Murphy
    The F-35 fighter jet, developed by Lockheed Martin, has a fascinating accessory. The pilot’s $400,000 helmet enables him or her to see through the jet’s skin, using a number of specially positioned cameras.
  • Sideling Hill center reopens amid relief, fingerpointing

    11/25/2015 8:03:13 PM PST · by Tolerance Sucks Rocks · 13 replies
    The Hagerstown Herald-Mail ^ | October 9, 2015 | Don Aines
    HANCOCK — The Sideling Hill Welcome Center is now more than just the most scenic set of fair-weather restrooms in Western Maryland after Lt. Gov. Boyd K. Rutherford and a host of elected officials on Friday reopened the facility, which has been closed for the last six years. Perched on the east side of Sideling Hill near Hancock, where a massive cut in the mountain rock allows Interstate 68 to pass through, the center was closed in 2009, in a move by former Gov. Martin O'Malley that did not sit well with many area residents. "It was done for political...
  • Americans agree with Trump: The illegal immigrants must go

    11/25/2015 4:43:37 PM PST · by RoosterRedux · 48 replies ^ | Todd Starnes
    Most Americans agree with Donald Trump -- the illegal aliens have to go. Head 'em up, move 'em out. A new Fox News poll shows 52 percent of the nation favors deporting the millions of illegals back to their home countries. Republicans and Democrats support Mr. Trump’s plan. But the numbers among Republicans are astronomical. Seventy percent agree with Mr. Trump -- a super-majority. So why does the Republican establishment continue to support pro-amnesty candidates? Jeb Bush accused Mr. Trump of preying on people's deep-seated fears. “This whole idea of preying on people’s deep-seated fears of what the future looks...
  • Consumer spending barely rises again

    11/25/2015 2:11:23 PM PST · by BenLurkin · 10 replies ^ | Nov 25, 2015 8:50 a.m. ET | Jeffry Bartash
    Consumer spending rose slowly in October for the second straight month, as Americans boosted savings and spent less on utilities, cars and trucks. Spending rose a seasonally adjusted 0.1% for the second month in a row, the Commerce Department said Wednesday. That was below Wall Street expectations: economists polled by MarketWatch had forecast a 0.3% increase. Less was spent on autos even though the number of new cars and trucks sold last month was at a decade high, perhaps a sign of more discounting or bigger sales to car-rental agencies. Households also spent less on electricity and home heating fuel...
  • The New ‘Consensus’: 97 Percent Of Americans Aren’t Worried About Global Warming

    11/25/2015 1:59:49 PM PST · by SoFloFreeper · 20 replies
    Daily Caller ^ | MICHAEL BASTASCH
    While 97 percent of scientists may agree mankind is driving global warming, 97 percent of Americans don't seem to care about the issue when stacked up against other concerns such as terrorism or the economy, according to a recent Fox News poll. A November Fox News poll of more than 1,000 registered voters found that only 3 percent listed "climate change" as the most important issue facing the country today, down from 5 percent in August. Americans were much more worried about terrorism, the economy and immigration than global warming.
  • #ChristmasBUYcott Action Center - Faith Driven Consumer

    11/25/2015 11:35:27 AM PST · by doug from upland · 4 replies
    (AT THE SITE ARE THE FAITH-FRIENDLY BUSINESSES) It's time for a #ChristmasBUYcott! As Faith Driven Consumers, we will spend an incredible $30 billion over the holidays. Because major brands depend on our dollars to meet their goals for the year, collectively we have tremendous power and influence. When consumers like you and me agree to shop only with the companies that are more compatible with Faith Driven Consumers, we'll change the way brands treat us. That's why-right now-we're calling for a #ChristmasBUYcott! This is your chance to live out your faith by doing what you already do when it comes...
  • Flash mob hits designer store in Georgetown (D.C.), steals $13,000 worth of goods (City Under Siege)

    11/25/2015 10:33:20 AM PST · by Perseverando · 10 replies
    The Washington Post ^ | November 25, 2015 | Dana Hedgpeth and Peter Hermann
    Georgetown has one of the nation's most upscale shopping areas. (iStock) A large group of juveniles robbed a designer store in Georgetown Tuesday evening and stole $13,000 worth of items, according to D.C. Police. The incident happened just before 6 p.m. at the Diesel store in the 3000 block of M Street NW. More than 20 people, police said, went into the store and grabbed several items off the racks, according to a police report. They stole four leather jackets, costing about $800, and an additional $12,000 worth of merchandise. One person who worked at the store was said...
  • Flash mob hits designer store in Georgetown, steals $13,000 worth of goods

    11/25/2015 10:29:07 AM PST · by Red Badger · 130 replies
    WaPo ^ | November 25 at 12:29 PM | Dana Hedgpeth and Peter Hermann
    A large group of juveniles robbed a designer store in Georgetown Tuesday evening and stole $13,000 worth of items, according to D.C. Police. The incident happened just before 6 p.m. at the Diesel store in the 3000 block of M Street NW. More than 20 people, police said, went into the store and grabbed several items off the racks, according to a police report. They stole four leather jackets, costing about $800, and an additional $12,000 worth of merchandise. One person who worked at the store was said to have been pushed from him behind by someone in the crowd....
  • A Rotten Turkey for Thanksgiving

    11/25/2015 8:23:37 AM PST · by amorphous · 24 replies
    Jim Sinclair's Mine Set ^ | 24 Nov 2015 | Jim Sinclair & filed under Bill Holter
    By now you have heard the news of a Russian fighter being shot down over Turkey. There are conflicting reports as to whether the plane was in Turkish or Syrian airspace. Another unknown is whether the plane was shot down from the air or ground. Also conflicting as to whether the pilots were dead prior to landing, or executed while parachuting down or after landing. Add to this the destruction of a Russian search helicopter by an anti tank "TOW". The ramifications of these events are mind boggling to say the least. While sitting down to write this, a news...
  • 10 Things Americans Are Worried About More Than Global Warming

    11/25/2015 6:18:35 AM PST · by george76 · 14 replies
    Independent Journal ^ | October 2015 | Chris Martin
    Respondents were given a list of 88 things that could inspire fear. These entries ranged from world problems (like war, terrorism, nuclear attacks) to practical fears (murder, death, unemployment) to uncommon phobias (zombies, clowns, ghosts). ... Also on the list was global warming, which leading Democratic candidates have said is the biggest threat facing Americans today. But the American Fears survey revealed a much different opinion on the topic, with only 30.7% of respondents saying that global warming made them either afraid or very afraid. Global warming did not even make the top twenty. Here are some things Americans are...
  • One-third of all Americans own a gun, it's time for TSA to stop discriminating

    11/25/2015 6:15:23 AM PST · by upbeat5 · 13 replies
    Associated press via ^ | November 24, 2015 | Diane Black
    If you have followed the news headlines lately, you know that the Transportation Security Administration (TSA) – the bureaucracy responsible for ensuring the safety of our nation’s travelers – has seen better days. An internal investigation released in June found that the TSA had a stunning 96 percent failure rate in detecting weapons and fake explosives. More recently, a report from “The Today Show” revealed that NBC producers were able to pass airport security with Swiss army knives and box cutters in tow. Comforting, huh? While knives and weapons may make it past airport security all too often, your handgun...
  • Largest L.A. County employee union votes to approve contract including 10% raise

    11/25/2015 5:42:55 AM PST · by smartyaz · 22 replies
    LA Times ^ | 11/20/15 | Abby Sewell
    Workers represented by Los Angeles County's largest employee union voted to approve a tentative agreement with county management that would give them a 10% raise over three years. Service Employees International Union Local 721, which represents more than 57,000 county employees, including nurses, social workers and clerical workers, tallied ballots Thursday after a month long voting process. Apart from the pay increase, the new contract would make Cesar Chavez Day an official county holiday starting in 2017, provide as much as an additional week of annual vacation every year and put some temporary workers on a path to full-time jobs....

    11/25/2015 5:32:12 AM PST · by expat_panama · 16 replies
    Bureau of Economic Analysis ^ | November 25, 2015 | Staff
    PERSONAL INCOME AND OUTLAYS, OCTOBER 2015 Personal income increased $68.1 billion, or 0.4 percent, and disposable personal income (DPI) increased $56.8 billion, or 0.4 percent, in October, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $15.2 billion, or 0.1 percent. In September, personal income increased $27.4 billion, or 0.2 percent, DPI increased $27.0 billion, or 0.2 percent, and PCE increased $9.5 billion, or 0.1 percent, based on revised estimates. Real DPI increased 0.4 percent in October, compared with an increase of 0.3 percent in September. Real PCE increased 0.1 percent in October, the same increase as...
  • Under Obamacare, Hospitals Merge, Doctors Merge, and Patients Pay More for Less

    11/25/2015 3:26:37 AM PST · by markomalley · 13 replies
    National Review ^ | 11/25/15 | Scott W. Atlas, MD
    Years after the initial rollout of the Affordable Care Act, the American people, the health-care industry, and the courts still struggle to navigate the law. Its heavy regulations and new tax burdens have generated numerous consequences, many of which are harmful to patients and families. Although supporters point to the millions of newly insured under the law, the truth is, that as many as 90 percent of those are estimated to have enrolled into Medicaid, second-class coverage that, according to a 2014 Merritt Hawkins report, most doctors do not even accept. Even worse, the government’s Department of Health and Human...
  • Emails: CNN Reporter Coordinated With Hillary Aide To Smear Rand Paul During 2013 Benghazi..

    11/25/2015 2:24:18 AM PST · by markomalley · 15 replies
    Daily Caller ^ | 11/25/15 | Chuck Ross
    A CNN reporter who was recently suspended for two weeks violating the network’s editorial guidelines showed up in a new trove of State Department emails released on Tuesday in which she appears to have coordinated social media posts with a top Hillary Clinton State Department aide during the former secretary of state’s Jan. 23, 2013 Senate testimony about the Benghazi attacks.The emails, which were released to the website Gawker, show that Elise Labott, a foreign affairs reporter at CNN, took guidance from Clinton aide Philippe Reines by posting a tweet criticizing Kentucky Sen. Rand Paul for asking Clinton tough questions...
  • New Social Security rules

    11/24/2015 8:27:50 PM PST · by FR_addict · 32 replies ^ | 11/04/2015 | Fidelity
    A new law means that two claiming strategies will be off the table in the coming months. The recent budget agreement did more than authorize the federal government to engage in additional borrowing, it also changed the rules for claiming Social Security. Going forward, two claiming strategies that had given some couples the potential for higher lifetime benefits will no longer be available.* Closing the door on two strategies What do you need to know? Social Security strategies are built around the fact that you can start to claim benefits as early as age 62, but if you defer, the...
  • Chinese children learn to Code as American kids learn to Twerk

    11/24/2015 6:48:44 PM PST · by Lorianne · 23 replies
    China Money Report ^ | 23 November2015 | D. Collins
    Nanjing mother Zhang Minyan began encouraging her 5-year-old daughter to learn coding from Wu after watching a video of an American child who wrote an app for friends so they could share their views on Canadian singer Justin Bieber, she said. Before that, Zhang hadn’t thought it was necessary for children to learn. ‘Big impression’ “That made a big impression on me,” Zhang, 32, recalls. “I thought, since my child is playing games on an iPad everyday already, why not give her some guidance and let her learn something in the process?” Also children are learning to code in other...
  • China now runs 4 of the world’s 5 biggest banks

    11/24/2015 6:46:55 PM PST · by Lorianne · 4 replies
    China Money Report ^ | 06 August 2015 | D.Collins
    China has become a banking powerhouse. Four of the five largest banks in the world are Chinese, according to SNL Financial’s latest global bank rankings. It’s a big change from the past few years when only two Chinese banks made the top five. Beijing-based Industrial & Commercial Bank of China holds the top spot with assets valued at $3.5 trillion. That means the bank is worth more than the entire value of the British economy. The only non-Chinese bank remaining in the top five is HSBC, which is eadquartered in London. It fell several spots to position No. 4 this...
  • Is there anyplace left for Christians to shop?

    11/24/2015 5:23:19 PM PST · by Extremely Extreme Extremist · 32 replies
    Well, it’s that time again – time to get out the Christmas list and start hitting the stores. The problem is – what stores? For any Christian who wants to spend hard-earned dollars with family-friendly, Christian-affirming retailers, restaurants and service providers, the list is growing shorter all the time. I stopped shopping at Macy’s in 2011 after learning about the retailer’s grossly unjust policy against women. Macy’s management said “yes” to a transsexual young man’s demand to change in the women’s dressing room and rejected a Christian employee’s attempt to block his inappropriate access, even firing her because of her...
  • Elite funds prepare for reflation and a bloodbath for bonds

    11/24/2015 3:45:04 PM PST · by NRx · 11 replies
    The Telegraph ^ | 11-24-2015 | Ambrose E Pritchard
    One by one, the giant investment funds are quietly switching out of government bonds, the most overpriced assets on the planet. Nobody wants to be caught flat-footed if the latest surge in the global money supply finally catches fire and ignites reflation, closing the chapter on our strange Lost Decade of secular stagnation. The Norwegian Pension Fund, the world's top sovereign wealth fund, is rotating a chunk of its $860bn of assets into property in London, Paris, Berlin, Milan, New York, San Francisco and now Tokyo and East Asia. "Every real estate investment deal we do is funded by sales...
  • Ted Cruz's Protectionist Gamble

    11/24/2015 3:14:52 PM PST · by conservativejoy · 27 replies
    National Review ^ | 11/24/2015 | Elaina Plott
    On Friday, during a campaign stop in Harlan, Iowa, Ted Cruz made clear his stance on President Obama's Trans Pacific Partnership (TPP), telling a crowd of supporters that the colossal 12 nation trade accord was "deeply concerning." "There are a number of Republicans on that [debate] stage who support TPP, who support [Trade Promotion Authority (TPA)]," Cruz said, according to the Des Moines Register. "I voted against TPA, and I intend to vote against TPP." Now that the 5,594-page text of the TPP has been made public, grassroots conservatives are voicing their case against the deal, and Cruz is staking...
  • ‘Cosmo’ Praises Incest

    11/24/2015 2:38:07 PM PST · by markomalley · 67 replies
    Big Hollywood ^ | 11/24/15 | Kipp Jones
    In an article celebrating the incestuous relationship of a brother and sister who met for the first time as adults, Cosmopolitan magazine defies “the last taboo” and argues that, by virtue of shared genetics, a brother and sister coupling creates a “perfect storm” that others might be missing out on.The leftwing publication has a history of pushing liberal social causes—whether its celebrating a woman who posted on Facebook a video of herself having an abortion, advocating for gender neutral restrooms, or praising the Kardashian/Jenner family as “America’s First Family.” Now Cosmo is pushing the taboo of incest and seemingly overlooking...
  • Jeff Bezos beats Elon Musk's SpaceX in the reusable rocket race

    11/24/2015 1:00:25 PM PST · by Hojczyk · 10 replies
    ENGADGET ^ | November 24, 2015 | Steve Dent
    Blue Origin, the private space firm owned by Amazon's Jeff Bezos, has just dropped a huge gauntlet in the race to develop a reusable rocket. It just launched its New Shepard space vehicle (video, below), consisting of a BE-3 rocket and crew capsule, to the edge of space at a suborbital altitude of 100.5 kilometers (62 miles). The capsule then separated and touched down beneath a parachute, but more importantly, the BE-3 rocket also started its own descent. After the rockets fired at nearly 5,000 feet, it made a a controlled vertical landing at a gentle 4.4 mph. So far,...
  • The Closing Of The Global Economy

    11/24/2015 12:18:26 PM PST · by Lorianne · 1 replies
    Zero Hedge ^ | 23 November2015 | Joseph Calhoun via Zero Hedge
    don’t often write about global geopolitics because I think, in general, investors spend too much time worrying about things they can’t control or aren’t going to happen or wouldn’t matter much if they did. The best example is the Middle East which has been a mess my entire life and long before it for that matter. Changing your investments based on the latest threat in or from the Levant is a recipe for constant chaos. The only accurate prediction about the Middle East will always be that the various factions that have been fighting for centuries will continue to fight....
  • Take that! Obama: Climate summit a ‘powerful rebuke’ to terrorists

    11/24/2015 12:09:55 PM PST · by Red Badger · 32 replies ^ | November 24, 2015 12:56 PM | By: Marc Morano
    President Obama declared Tuesday that next week’s climate change summit in Paris would be a “powerful rebuke” to terrorists, speaking alongside French President Francois Hollande at a joint news conference. “Next week, I will be joining President Hollande and world leaders in Paris for the global climate conference,” Obama said during his prepared remarks, which focused mostly on the efforts to fight the Islamic State in Iraq and Syria (ISIS). “What a powerful rebuke to the terrorists it will be, when the world stands as one and shows that we will not be deterred from building a better future for...
  • Young 'to be poorer than parents at every stage of life'

    11/24/2015 11:31:55 AM PST · by 2ndDivisionVet · 20 replies
    BBC ^ | November 19, 2015
    Young people are on track to be poorer than their parents at every stage of their lives, according to a new report. The study, by the Institute for Fiscal Studies (IFS), added that households actually grew richer during the financial crisis. But it said that the reason for the growth between 2006-12 was the increase in pension values over the period. And the slow rate of growth in overall wealth suggested that young people would lag behind earlier generations....
  • The World’s First Fully 3D Printed Revolver is Here

    11/24/2015 9:42:40 AM PST · by marktwain · 17 replies ^ | 23 November, 2015 | Scott J Grunewald
    Mechanical engineering student James Patrick recently uploaded a video to his YouTube channel showing off the fully functional PM522 Washbear .22LR revolver that he designed and 3D printed. With the exception of the firing pin, a few elastic bands that act as springs and the legally required amount of detectable metal, the entire gun including the body and cylinder is completely 3D printed. This is, to my knowledge, the very first functional repeating firearm ever made entirely (This doesn’t count, it has metal barrel inserts) on a desktop 3D printer. The optional 8 barrel revolver needs metal tubing inserts for...
  • German Professor: NASA Has Fiddled Climate Data On ‘Unbelievable’ Scale

    11/24/2015 9:39:06 AM PST · by Freeport · 44 replies
    Breitbart ^ | 24 Nov 2015 | James Delingpole
    A German professor has confirmed what skeptics from Britain to the US have long suspected: that NASA’s Goddard Institute of Space Studies has largely invented “global warming” by tampering with the raw temperature data records. Professor Dr. Friedrich Karl Ewert is a retired geologist and data computation expert. He has painstakingly examined and tabulated all NASA GISS’s temperature data series, taken from 1153 stations and going back to 1881. His conclusion: that if you look at the raw data, as opposed to NASA’s revisions, you’ll find that since 1940 the planet has been cooling, not warming. According to Günter Ederer,...
  • Consumer confidence falls to lowest level in 14 months

    11/24/2015 8:40:47 AM PST · by repentant_pundit · 11 replies
    MarketWatch ^ | Nov 24, 2015 | Jeffry Bartash
    Consumers confidence fell in November to the lowest level in more than a year, a survey shows. The consumer confidence index dropped to 90.4 from a revised 99.1 in October, the Conference Board said Tuesday. That's the lowest level since September 2014. Economists polled by MarketWatch had expected the index to rise to 100. The present situation index, a measure of current conditions, dropped to 108.1 from 114.6. .... "The decline was mainly due to a less favorable view of the job market," said Lynn Franco, director of economic indicators at board. The number of people who said jobs were...
  • America's sentiment towards the jobs market has turned: They have lost faith in it

    11/24/2015 7:41:18 AM PST · by SeekAndFind · 12 replies
    Business Insider ^ | 11/24/2015 | Akin Oyedele
    Americans are losing faith in the jobs market. The Conference Board's consumer confidence index for November, released on Tuesday, unexpectedly fell to 90.4, a 14-month low. Economists had estimated that the index rose to 99.5 in November, from an upwardly revised 99.1 print (from 97.6) in October. The Conference Board's Lynn Franco explained in the report: "The decline was mainly due to a less favorable view of the job market. Consumers' appraisal of current business conditions, on the other hand, was mixed. Fewer consumers said conditions had improved, while the proportion saying conditions had deteriorated also declined. Heading into 2016,...