Business/Economy (News/Activism)

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  • Google controls what we buy, the news we read — and Obama’s policies

    03/28/2015 3:48:35 PM PDT · by xzins · 17 replies
    NY Post ^ | March 28, 2015 | Kyle Smith
    A former Google officer is the president’s chief technology adviser. Google employees contributed more to President Obama’s re-election than did employees of any other company except Microsoft. Google lobbyists met with Obama White House officials 230 times. By comparison, lobbyists from rival Comcast have been admitted to the inner sanctum a mere 20 or so times in the same period. Obama lieutenant David Plouffe boasts: “On Election Night [Schmidt] was in our boiler room in Chicago,” he told Bloomberg News, in a story that revealed that for the campaign Schmidt “helped recruit talent, choose technology and coach the campaign manager,...
  • Senate passes energy measure by voice vote after budget marathon

    03/28/2015 3:43:31 PM PDT · by Tolerance Sucks Rocks · 5 replies
    The Washington Times ^ | March 27, 2015 | David Sherfinski
    After the Senate gave approval to its budget plan early Friday morning, Sens. Rob Portman, Ohio Republican, and Jeanne Shaheen, New Hampshire Democrat, got a version of their energy efficiency legislation passed by voice vote. The measure, passed when only Mr. Portman and Ms. Shaheen were on the floor, includes provisions exempting certain water heaters from pending Department of Energy regulations, and requires federal agencies to develop an implementation strategy for employing more energy-efficient technology, among other items. Mr. Portman said the bill has garnered widespread support and is part of an energy plan for the country “that can help...
  • GERMANWINGS AND EVIL

    03/28/2015 3:34:35 PM PDT · by NYer · 18 replies
    In the days since audio was extracted from the black box recorder of crashed Germanwings flight 4U9525 suggesting that copilot Andreas Lubitz deliberately downed the plane, investigators and journalists have rushed to find an explanation for his actions. Initially, many hypothesized about the possibility of an extremist religious or ideological motive. In his apparently lacking significant religious or ideological commitments, Lubitz is speculated to have been mentally unstable. A concealed health issue has been offered as a clue. Thousands of words pile up in dozens of news sources to make up for Lubitz’s silence in the cockpit. The pounding...
  • Something weird is going on --Investor Thread March 29, 2015

    03/28/2015 3:17:44 PM PDT · by expat_panama · 18 replies
    Weekly investment & finance thread ^ | Mar. 29, 2015 | Freeper Investors
    (excerpt from)    Something weird is going on in the US economy, and it's not good...Despite experiencing a healthy pace of job growth, the US economy has largely disappointed economists' expectations by delivering a series of weaker-than-expected economic reports. The unexpected plunges in retail sales and durable goods orders stand out as they reflect weakness in both consumers and businesses. On Wednesday, Bloomberg LP Chief Economist Michael McDonough tweeted a chart of the unprecedented divergence between job growth and retail sales growth. This is concerning as personal consumption accounts for roughly 70% of US GDP. It's particularly concerning considering all...
  • Trans-Pacific Partnership Seen as Door for Foreign Suits Against U.S.

    03/28/2015 3:14:42 PM PDT · by Theoria · 2 replies
    The New York Times ^ | 25 March 2015 | Jonathan Weisman
    An ambitious 12-nation trade accord pushed by President Obama would allow foreign corporations to sue the United States government for actions that undermine their investment “expectations” and hurt their business, according to a classified document. The Trans-Pacific Partnership — a cornerstone of Mr. Obama’s remaining economic agenda — would grant broad powers to multinational companies operating in North America, South America and Asia. Under the accord, still under negotiation but nearing completion, companies and investors would be empowered to challenge regulations, rules, government actions and court rulings — federal, state or local — before tribunals organized under the World Bank...
  • Exclusive: Upset by Warren, U.S. banks debate halting some campaign donations

    03/28/2015 2:56:35 PM PDT · by Timber Rattler · 12 replies
    Reuters ^ | March 27, 2015 | Emily Flitter
    Big Wall Street banks are so upset with U.S. Democratic Senator Elizabeth Warren's call for them to be broken up that some have discussed withholding campaign donations to Senate Democrats in symbolic protest, sources familiar with the discussions said. Representatives from Citigroup, JPMorgan, Goldman Sachs and Bank of America, have met to discuss ways to urge Democrats, including Warren and Ohio Senator Sherrod Brown, to soften their party's tone toward Wall Street, sources familiar with the discussions said this week.
  • Senate GOP asking new questions about emails for Clinton and (Huma) Abedin

    03/28/2015 2:27:53 PM PDT · by afraidfortherepublic · 13 replies
    Fox News ^ | 3-28-15
    Senate Republicans are renewing efforts to learn why Huma Abedin, a top assistant to then-Secretary of State Hillary Clinton, was allowed to keep working at the agency under a special, part-time status while also being employed at a politically-connected consulting firm. The new requests are being made by Iowa GOP Sen. Chuck Grassley, chairman of the Senate Judiciary Committee, following revelations that both women used a private Internet server and email accounts for State Department correspondence. Grassley says the earlier requests to the department have been largely ignored, ~snip~ Grassley’s probe started in 2013, when he requested all communications between...
  • Angie's List halts Indiana expansion over anti-gay law

    03/28/2015 12:22:26 PM PDT · by Oliviaforever · 83 replies
    WPTZ ^ | 3/28/15 | Hannah Bae Ben Rooney and Aaron Smith
    Add Angie's List to the roster of companies and business interests taking a stand against Indiana's new anti-gay law.
  • Los Angeles' City Council Cannot Understand Why Its Nanny State Zoning Change Miserably Failed

    03/28/2015 10:47:01 AM PDT · by Kaslin · 18 replies
    Townhall.com ^ | March 28, 2015 | Michael Hausam
    Celebrate with me the recent lesson learned by the city council of Los Angeles after a 7-years-long experiment in nanny statism that ended in utter failure. A public health report released in early 2007 showed that South Los Angeles residents were significantly more obese than those in the remainder of the city, including adults and children, and the data showed a dramatic increase from a similar report from a decade earlier. Furthermore, occurrence of obesity-related illness, such as diabetes, was more present in the area and also showed an increase. The city council decided that something needed to be done....
  • Restoring the Old-Fashioned Budget Virtue of…FDR and Truman?!?

    03/28/2015 10:00:36 AM PDT · by Kaslin · 5 replies
    Townhall.com ^ | March 28, 2015 | Daniel J. Mitchell
    This is a column I never expected to write. That’s because I’m going to applaud Presidents Franklin Roosevelt and Harry Truman. This won’t be unconstrained applause, to be sure. Roosevelt, after all, pursued awful policies that lengthened and deepened the economic misery of the 1930s. can see from this video, the “economic bill of rights” that he wanted after WWII was downright malicious. Truman, meanwhile, was a less consequential figure, but it’s worth noting that he wanted a restoration of the New Deal after WWII, which almost certainlywould have hindered and perhaps even sabotaged the recovery. But just as very...
  • Run from Cuba, Americans cling to claims for seized property (keep dreaming)

    03/28/2015 9:33:32 AM PDT · by Olog-hai · 14 replies
    Associated Press ^ | Mar 28, 2015 12:11 PM EDT | Adam Geller
    … Soon after Fidel Castro won control of Cuba in 1959, his government began confiscating the property of thousands of U.S. citizens and companies. For Edmund and Enna Chester, the losses included an 80-acre farm, hundreds of thousands of dollars’ worth of stock, and a brand new Buick that, who knows, may still be plying Havana’s streets. The confiscation of American property, valued today at $7 billion or more, was wrapped up in the retaliatory back-and-forth that led to the trade embargo, which remains in place. In 1996, Congress passed a law insisting Cuba repay Americans for what was taken...
  • Curb Your Economic Pessimism

    03/28/2015 9:29:31 AM PDT · by Kaslin · 18 replies
    Townhall.com ^ | March 28, 2015 | Larry Kudlow
    The economy has been in a tepid, soft, slow recovery for the past five-and-a-half years. It’s the weakest rebound in generations. The Commerce Department’s revision of fourth-quarter GDP shows that nothing much has changed. Over the past year, real economic growth registered 2.4 percent, slightly higher than the recovery average. It ain’t much. Meanwhile, winter economic reports for retail sales, manufacturing, and capital investment point to a weaker first quarter, perhaps around 1 percent. And Wall Street is talking about a possible profits recession, with expectations of a 2 or 3 percent drop in corporate earnings for the first half...
  • Fed rate hike may be warranted later this year: Yellen

    03/28/2015 6:12:02 AM PDT · by John W · 18 replies
    hirunews.lk ^ | March 28, 2015 | hirunews.lk
    An interest rate hike by the Federal Reserve may be warranted later this year, with a gradual path expected to follow, although a downturn in core inflation or wage growth could force it to hold off, the central bank's chief said yesterday. Fed Chair Janet Yellen said that after the first rate increase a further, gradual tightening in monetary policy will likely be warranted. She said, if incoming data fails to support the Fed's economic forecast, the path of policy will be adjusted.
  • Gay Activists, Corporations Rip Indiana Law for Extending Religious Protections

    03/28/2015 4:22:36 AM PDT · by NYer · 30 replies
    Aleteia ^ | March 27, 2015 | MARK STRICHERZ
    Gay activists and corporate leaders assailed a new Indiana allows that extends legal protections to religious business owners and individuals and vowed to boycott the state, according to CNBC. The law, signed by Pence on Thursday, allows businesses to use an owner's faith as a reason to refuse service to customers, including same-sex married couples. The law risks setting off a business chill in the state, with money-making conferences and major corporations threatening to pull out. Big corporations were among the loudest critics. Columbus, Indiana-based Cummins, the world's largest diesel engine maker, opposed the new law in strong terms. "Cummins believes...
  • Senator Ted Cruz's Contradictory Position on Illegal

    03/28/2015 1:04:56 AM PDT · by Cincinatus' Wife · 55 replies
    American Thinker ^ | March 28, 2015 | Allan J. Favish
    [BIG SNIP] ".....Sen. Cruz is America’s last hope for a credible border. By that I mean a border that is controlled by the citizens of America, not the citizens of other countries. I mean a border that is controlled primarily for the benefit of citizens of America, not the citizens of other countries. I mean a border that is controlled by an American population that appreciates and welcomes immigrants, but only when they come here legally, and in numbers that are conducive to their assimilation into the American value system that is based on the principles expressed in our Declaration...
  • Germany to expand disability rights

    03/28/2015 1:03:15 AM PDT · by Olog-hai · 8 replies
    TheLocal.de ^ | 27 Mar 2015 15:58 GMT+01:00 | (DPA/The Local)
    A representative of the German Labor Ministry went before a UN Committee on Friday to discuss the government’s plan for improved rights for disabled people. Parliamentary state secretary to the Labor Ministry, Gabriele Lösekrug-Möller, went before the committee to explain the government’s plan to put Germany in line with UN standards. […] The government is developing 200 measures aimed at bettering the lives of some 7.5 million Germans living with disabilities. …
  • Scott Walker suggests being an Eagle Scout has prepared him to be commander in chief

    03/27/2015 11:23:46 PM PDT · by Cincinatus' Wife · 50 replies
    Capital Times - Your Progressive Voice ^ | March 27. 2015 | Jessie Opoien
    The Boy Scout Motto is "Be Prepared." Wisconsin Gov. Scott Walker, who achieved the rank of Eagle Scout as a teen, has taken that motto seriously. His Eagle Scout status has him so prepared, he indicated this week, he's ready to serve as commander in chief of the U.S. military. The Republican governor and likely 2016 presidential candidate spoke on Wednesday at a Chamber of Commerce luncheon in Phoenix, Arizona. The event was closed to press, but video of Walker's conversation with conservative radio host Hugh Hewitt was recorded by the opposition research group American Bridge and released by the...
  • Quebec is not allowed to preserve gun registry data, will create its own

    03/27/2015 10:19:52 PM PDT · by Daffynition · 13 replies
    CTV Montreal ^ | March 27, 2015 | staff reporter
    The Supreme Court has ruled the federal government is allowed to destroy the long-gun registry data pertaining to Quebec, so the province is going to spend tens of millions of dollars to create its own from scratch. Quebec Public Security Minister Lise Theriault reacted with dismay on Friday to the Supreme Court's decision that the federal government can flush the data it has on long gun owners in the province. She says Quebec had no choice but to create its own database to keep track of weapons.
  • Bar on Swipe Fee Is Unconstitutional

    03/27/2015 9:11:34 PM PDT · by Auntie Mame · 28 replies
    Courthouse News Service ^ | March 27, 2015 | ELIZABETH WARMERDAM
    SACRAMENTO (CN) - A California law prohibiting a swipe fee surcharge for credit card purchases is unconstitutional, a federal judge ruled Thursday. U.S. District Court Morrison England found that the law "is an unconstitutional restriction on plaintiffs' freedom of speech and is void for vagueness."
  • Jury Finds Silicon Valley Firm Did Not Discriminate in Ellen Pao Case

    03/27/2015 6:40:09 PM PDT · by nickcarraway · 15 replies
    A jury decided Friday that a prestigious venture capital firm did not discriminate or retaliate against a female employee in a case that debated gender imbalance and working conditions for women in Silicon Valley. The jury in San Francisco reached the verdict after three days of deliberations in a lawsuit filed by Ellen Pao against Kleiner Perkins Caufield & Byers. Former Facebook Worker Sues for Sexual Discrimination The lawsuit claimed Pao was fired when she complained about discrimination at the firm.
  • Ted Cruz: The Bush Years-What his time at the FTC suggests about how he’d run the White House

    03/27/2015 5:32:40 PM PDT · by 2ndDivisionVet · 42 replies
    The National Review ^ | March 27, 2015 | Jim Geraghty
    Long before Ted Cruz was a big-name senator and conservative rock star, wowing the crowd at Liberty University in the early days of his presidential bid, he was just another lawyer toiling away in virtual anonymity under George W. Bush. While Cruz’s time in the Senate is best known for fiery speeches and high-profile gestures like his 21-hour filibuster, in his earlier time in Washington he demonstrated a wonkish eye for detail and an eagerness to take on powerful industry groups that he saw as stifling competition. Though his efforts ultimately succeeded on a much smaller scale than he’d initially...
  • Apple's Cook joins tech CEOs in blasting Indiana religious freedom law

    03/27/2015 5:18:29 PM PDT · by Jim Robinson · 138 replies
    Reuters ^ | March 27, 2015 | Reporting by Edwin Chan; Editing by Richard Chang
    (Reuters) - Apple Inc's Tim Cook, one of the most prominent openly gay American CEOs, has joined fellow tech industry chiefs in decrying a controversial Indiana law that opponents say could allow companies to deny services to gay people. Cook, who publicly declared his sexual orientation last year, joined other tech chief executives, including Salesforce.com Inc's Marc Benioff, in blasting the Religious Freedom Restoration Act, which could let business and individuals turn away customers by citing "religious freedom." Indiana Governor Mike Pence signed the controversial bill into law on Thursday.
  • Student Paper Claims Concealed Carry Reinforces Rape Culture

    03/27/2015 4:23:19 PM PDT · by Kaslin · 21 replies
    Townhall.com ^ | March 27, 2015 | Michael Schaus
    The self-proclaimed champions of women’s rights, the political left, is once again insisting that a woman’s right to protect herself from sexual attackers should be regulated, restricted, and in some cases banned. After all, only American Liberals would believe that a woman being raped is morally superior to a rapist being shot. Arguing that concealed carry on college campuses would actually “reinforce rape culture” on campus, an editorial in the University of North Carolina’s student’s newspaper argued against arming young (law abiding) women.Concealed weapons would not significantly reduce sexual assault and would create inadvertent risks within other forms of interpersonal violence…...
  • Six Flags to cut 18,000 trees to go solar

    03/27/2015 4:22:26 PM PDT · by CedarDave · 41 replies
    My Fox NY.com ^ | March 27, 2015 | AP
    JACKSON, N.J. (AP) - A theme park plans to cut down more than 18,000 trees for the construction of what it says will be the largest solar farm in New Jersey. Park President John Fitzgerald said in a statement that solar power will significantly reduce the park's reliance on fossil fuels.
  • Lululemon Introduces 'Anti-Ball Crushing' Pants For Men (sales up 16%)

    03/27/2015 2:34:59 PM PDT · by drewh · 58 replies
    UK Daily Mail ^ | DATED: 14:26 EST, 27 March 2015
    Lululemon is hoping to boost sales among men with a new genital-friendly range of pants. Lululemon Athletica Inc told Bloomberg on Thursday that its ABC pants - referring to their 'anti-ball crushing' design - have given the company a 16 per cent sales hike in the men's sector of business last quarter. The Canada-based company's website describes the pants as 'ABC (anti-ball crushing) engineering gives you and the family jewels room to breathe'. The site goes on: 'A wide paneled gusset and four-way stretch Warpstreme fabric make these pants commute, travel and sweat ready.' Consumers were divided over the ABCs....
  • TEXT: Indiana Religious Freedom Restoration Act: SENATE ENROLLED ACT No. 101

    03/27/2015 10:33:26 AM PDT · by EveningStar · 9 replies
    Senate of the State of Indiana ^ | March 27, 2015 | Government of the State of Indiana
    SENATE ENROLLED ACT No. 101 AN ACT to amend the Indiana Code concerning civil procedure. Be it enacted by the General Assembly of the State of Indiana: SECTION1.IC34-13-9 IS ADDED TO THE INDIANA CODE AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2015]: Chapter 9. Religious Freedom Restoration Sec. 1. This chapter applies to all governmental entity statutes, ordinances, resolutions, executive or administrative orders, regulations, customs, and usages, including the implementation or application thereof, regardless of whether they were enacted, adopted, or initiated before, on, or after July 1, 2015. Sec. 2. A governmental entity statute, ordinance,...
  • China ‘deeply worried’ over Saudi attacks on Yemen

    03/27/2015 10:18:01 AM PDT · by Rusty0604 · 19 replies
    Press TV ^ | 03/26/2015 | Press TV
    “The Chinese side has noticed that (Saudi Arabia has launched airstrikes against Yemen) and is deeply worried about the situation in Yemen that is getting worse,” Chinese Foreign Ministry spokesperson, Hua Chunying, said at a weekly press briefing on Thursday. Expressing hope that the crisis could be resolved “through political dialogues”, Hua said, “We hope that all parties will act in accordance with relevant resolutions of the UN Security Council… and restore national stability and order at an early date.” Saudi-led attacks: widely condemned The Saudi invasion of Yemen drew condemnation from Iran, Russia, the Lebanese resistance movement Hezbollah, Syria,...
  • RadioShack to auction off customer data, violating own privacy policy

    03/27/2015 9:44:35 AM PDT · by HonkyTonkMan · 22 replies
    NakedSecurity ^ | 26 March, 2015 | Lee Munson
    Retail chain RadioShack is looking to cash in the information it holds on its customers as part of its bankruptcy sale. According to Hilco Streambank, personal data including over 65 million customers' names and physical addresses, as well as 13 million email addresses, has been made available to the highest bidder. All this despite the fact that the company's online privacy policy quite clearly states: We will not sell or rent your personally identifiable information to anyone at any time. We will not use any personal information beyond what is necessary to assist us in delivering to you the services...
  • Energy Department says it’s time to start drilling in the Arctic

    03/27/2015 9:08:54 AM PDT · by rktman · 2 replies
    hotair.com ^ | 3/27/2015 | Jazz Shaw
    Get ready for the White House to ignore their own science experts again. The Department of Energy commissioned a study by the National Petroleum Council which was meant to help determine our long range energy strategy. Their conclusion? We need to head on up to the Arctic basin and drill baby drill.
  • Rush Limbaugh *OPEN LINE FRIDAY* Show, M-F, 12noon-3PM, EDT, WOR-AM, Friday, March 27th, 2015

    03/27/2015 8:58:17 AM PDT · by carriage_hill · 70 replies
    The EIB Network ^ | Friday, March 27th, 2015 | Rush Limbaugh
    AND NOW... amidst billowing clouds of fragrant, aromatic first- and second-hand premium cigar smoke... it is time for... that harmless, lovable little fuzz ball, the highly-trained broadcast specialist, having more fun than a human being should be allowed to have, from behind the golden EIB microphone, firmly ensconced in the prestigious Attila-The-Hun chair at the Limbaugh Institute of Advanced Conservative Studies, serving humanity simply by showing up, and he’s not retiring until every American agrees with him - do NOT doubt him - with shrieks of joy at the mere mention of his name (that’s Rush, for those in Rio...
  • Class Action Lawsuits: Millions for Lawyers, Nothing for Consumers, Ruin for Businesses

    03/27/2015 8:53:05 AM PDT · by detective · 23 replies
    The New American ^ | March 26, 2015 | Gregory A. Hession, J.D.
    Manufacturers of consumer goods in the United States have a lot to fear from the government, and becoming the target of a class action lawsuit is right up there in the first tier of those concerns. An astounding 52 percent of major corporations are engaged in class action litigation right now. Federal judges have complete discretion about whether to certify a class action lawsuit, and then whether to approve large attorney fee requests. Once certified as a federal class action, an otherwise small lawsuit turns into a massive cash drain for the target company and a money machine for the...
  • Gasoline use at lowest rate in three decades

    03/27/2015 8:05:48 AM PDT · by fruser1 · 19 replies
    Average fuel consumption by American drivers is at its lowest level in at least 30 years, says a University of Michigan researcher... "Despite population growth of 8 percent, the absolute amount of fuel consumed by light-duty vehicles decreased by 11 percent during the period 2004—the year of maximum consumption—through 2013," said Sivak, a research professor at UMTRI and director of the Sustainable Worldwide Transportation research consortium... Sivak said that although economic factors likely contributed to declining rates of vehicle ownership and distance driven, other societal changes such as increased telecommuting, use of public transportation and urbanization of the population, along...
  • Consumer Sentiment Slips in March on Bad Weather

    03/27/2015 7:57:54 AM PDT · by Oldeconomybuyer · 7 replies
    ABC News ^ | March 27, 2015 | By PAUL WISEMAN AP Economics Writer
    Bad weather and rising gasoline prices pushed U.S. consumer sentiment a bit lower in March. The March drop in confidence was caused entirely by falling confidence among low-income households, which are especially sensitive to high utility bills in the winter. Michigan's Curtin predicted that an improving job market would boost consumer spending the rest of the year.
  • Senate leader urges all 50 governors to not comply with EPA's Clean Power Plan

    03/27/2015 4:21:36 AM PDT · by thackney · 12 replies
    Power Engineering ^ | 03/23/2015 | Barry Cassell
    U.S. Senate Majority Leader Mitch McConnell, R-Ky., in a March 19 letter, called on the nation’s governors to reject the U.S. Environmental Protection Agency’s proposed regulation that requires states to dramatically restructure their electricity systems based on how the agency thinks electricity should be produced and used in each state. The EPA’s demands under the proposed Clean Power Plan, McConnell noted, are “far beyond its legal authority.” In a letter to all 50 governors, McConnell wrote that he has “serious legal and policy concerns regarding the proposal.” McConnell asked the governors to “carefully review the consequences before signing up for...
  • We must submit collective bargaining for government worker unions to public scrutiny

    03/27/2015 6:55:43 AM PDT · by SeekAndFind · 5 replies
    American Thinker ^ | 03/27/2015 | Noel S. Williams
    There are several egregious exhibits that clamor for more scrutiny of union contract negotiations with governments: vacant jails awaiting unionized staffing; ill-timed, even illegal teacher strikes; funding for salaries of union officers and bogus bonuses, to name a few. Here’s another: illusionary job inequities that elicit extra pay for some state workers and extra taxes for everyone else. In Washington State, collective bargaining between the Governor’s office and public unions is exempt from the state’s Open Public Meetings Act (OPMA). When public unions enter the breach of accountability they conjure secret covenants, secretly arrived at, and this is true in...
  • Canada gov't asks pipeline regulator for safety guidelines by 2016

    03/27/2015 6:29:39 AM PDT · by shove_it · 4 replies
    Reuters ^ | 26 Mar 2015 | MIKE DE SOUZA
    (Reuters) - Canada's Conservative government has given the energy regulator about a year to deliver up-to-date guidelines for pipeline companies to improve safety and protect the environment. Natural Resources Minister Greg Rickford instructed the National Energy Board to study the issue and report its findings with new safety guidelines by next year, according to a Feb. 5 letter released to Reuters through an access to information request. The instructions coincide with several major crude oil pipeline expansion projects proposed in Canada by companies such as Kinder Morgan, Enbridge and TransCanada Corp . The projects face strong opposition from many landowner...
  • Walker Denies Remarks Indicating Change in Immigration Stance

    03/26/2015 11:48:53 PM PDT · by Cincinatus' Wife · 90 replies
    New York Times ^ | March 26, 2015 | Jason Horowitz and Patrick Healy
    Gov. Scott Walker of Wisconsin, a possible candidate for president in 2016, told a private gathering of New Hampshire Republicans this month that he supported a pathway to legal status — but not citizenship — for undocumented immigrants in the United States, according to the chairwoman of the state’s Republican Party. The chairwoman, Jennifer Horn, described Mr. Walker’s statements on Thursday after The Wall Street Journal and The Washington Post reported that Mr. Walker had endorsed eventual citizenship for those immigrants, which many Republicans oppose. A spokeswoman for Mr. Walker, Kirsten Kukowski, disputed those reports about Mr. Walker embracing a...
  • Former CFO on Food Stamps After Controversial Viral Video About Chik-Fil-A

    03/26/2015 11:04:11 PM PDT · by DemforBush · 77 replies
    ABC News ^ | 3/21/15 | Joseph Diaz and Laura Effron
    A former CFO is now on food stamps after a video he posted on YouTube two and half ago criticizing Chick-Fil-A went viral and destroyed his career. Adam Smith, 37, was the CFO of a medical device manufacturer in Arizona, until the summer 2012, when he -- and thousands of other people -- started protesting against Chick-Fil-A for the fast-food chain’s anti-gay stance...
  • How low can interest rates go?

    03/26/2015 7:40:52 PM PDT · by Lorianne · 4 replies
    BBC ^ | 25 March 2015 | Robert Peston
    The Bank of England's website says that the "effective lower bound" for the interest rate it sets, Bank Rate, is the current rate of 0.5%. This is the level, according to the Bank, "below which it cannot be set" - the lowest practicable official interest rate. But on this important issue the website is behind the thinking of the Bank of England's Monetary Policy Committee, which sets Bank Rate as its main tool to keep inflation on target. The Bank of England's website says that the "effective lower bound" for the interest rate it sets, Bank Rate, is the current...
  • Housing prices surging 13 times faster than wages

    03/26/2015 7:24:21 PM PDT · by Lorianne · 19 replies
    Fox News ^ | 26 March 2015
    Video 1:24
  • US Economy Heads Toward Zero Growth in Q1

    03/26/2015 7:21:22 PM PDT · by Lorianne · 16 replies
    Wolf Street ^ | 25 March 2015 | Wolf Richter
    Today’s durable goods report for February was another shot at this wobbly edifice of the US economy. New orders for manufactured durable goods dropped by 1.4%, the Census Bureau reported. It was the third decrease in four months. Transportation equipment fell 3.5%, also the third decrease in four months. Excluding transportation, new orders – “core” durable goods – fell 0.4%, down for the fifth month in a row. And Core Capital Goods New Orders, considered an important gauge of business spending, fell 1.4%, down for the sixth month in a row. The weather is really hard to blame for this,...
  • A Fair – but Ultimately Misleading – Critique of GOP Budgets

    03/26/2015 6:37:10 PM PDT · by Kaslin · 1 replies
    Townhall.com ^ | March 26, 2015 | Daniel J. Mitchell
    Last week, I applauded the Chairmen of the House and Senate Budget Committees for proposing budgets that complied with my Golden Rule, which means the burden of government would grow slower than the private sector. But my praise was limited because neither budget is ideal from the perspective of libertarians and small-government conservatives. "Even though the two proposals satisfy my Golden Rule, thatÂ’s simply a minimum threshold. In reality, thereÂ’s far too much spending in both plans, and neither Chairman proposes to get rid of a single Department. Not HUD, not Education, not Transportation, and not Agriculture." Heck, the budgets...
  • Feminist Designer Hayat Rachi Launches 'Non-Sexy' Lingerie Brand

    03/26/2015 2:22:09 PM PDT · by drewh · 71 replies
    Andrew Breitbart's Big Hollywood ^ | 3/24/15 | by KELLI SERIO
    Feminist Hayat Rachi says she’s fed up with lingerie that objectifies and sexualizes the female body and is launching a brand of more conservative lingerie, to counter the issue, with the help of a Kickstarter campaign. Rachi’s Neon Moon collection plans to release its first line, titled Mon Dieo, soon, which is free of wiring or cleavage boosting padding and is designed for women of all body types, “including women who embrace pubic, leg and underarm hair.” In other words, Neon Moon will be about as risqué as it sounds. “Instead of succumbing to the body shaming, sexualized and objectifying...
  • Salesforce CEO Says Company Is ‘Canceling All Programs’ In Indiana Over LGBT Discrimination Fears

    03/26/2015 1:20:15 PM PDT · by reaganaut1 · 60 replies
    CBS San Francisco ^ | March 26, 2015
    SAN FRANCISCO (CBS SF) – Salesforce CEO Marc Benioff says he doesn’t want his employees subjected to discrimination as part of their work for the San Francisco-based company, and he is cancelling all required travel to the state of Indiana following the signing of a religious freedom law that some say allows business to exclude gay customers. On Thursday, Indiana Gov. Mike Pence signed into law a religious objections bill that some business leaders have opposed amid concern it could allow discrimination against homosexuals. Indiana is the first state to enact such a change this year among about a dozen...
  • Governments drink themselves to death at Madame Yellen’s speakeasy

    03/26/2015 1:06:02 PM PDT · by Olog-hai · 4 replies
    MoneyWeek ^ | 03/23/2015 | Bill Bonner
    Last week was a bad one for the US dollar, but good for stocks. The greenback had its worst five days of trading in four years, but the Dow rose another 168 points on Friday. This action took place after Madame Janet Yellen, proprietress of the House of the Rising Stockmarket, said she would not be impatient about raising rates. She would not be patient either, she warned. Investors drew the obvious conclusion: She has no idea what she is doing. […] The world of today is not the same world it was 50 years ago. We have a new...
  • Democrat Congresswoman Complains About Your "Well-Funded" Host

    03/24/2015 1:22:43 PM PDT · by Kaslin · 47 replies
    Rush Limbaugh.com ^ | March 24, 2015 | Rush Limbaugh
    RUSH: Your host in the audio sound bites today, this morning on C-SPAN, the guest, Congresswoman Gwen Moore, Democrat, Wisconsin, during a viewer call-in segment of her appearance, a caller from Maryland by the name of Richard, "Ted Cruz's candidacy is living proof that the birther movement was all based on racism. And that Democrats are silent. They just always stand back and let the Republicans bully them and run over 'em, treat 'em like dogs." MOORE: I think that a lot of us are really frustrated about our so-called messaging. It is really difficult to fight against, I think,...
  • Does Mayor Emanuel Know Where Chicago’s Airports Got Their Names?

    03/26/2015 12:36:08 PM PDT · by afraidfortherepublic · 44 replies
    CBS ^ | 3-26-15 | Bernie Tofoya
    Mayor Rahm Emanuel appeared to suggest renaming one of Chicago’s airports after President Barack Obama on Thursday, but also sounded confused about how the O’Hare and Midway got their current names. During a mayoral forum at Chicago State University, the mayor seemed a bit flustered as he answered a question about his quick about-face after he suggested naming a Chicago high school for President Barack Obama, and renaming Stony Island Avenue for the late civic leader Rev. Arthur Brazier. That’s when the mayor brought up the city’s two airports. “We have to, in some way, whether it’s President Obama or...
  • Germanwings co-pilot was certified by FAA

    03/26/2015 10:20:28 AM PDT · by Cincinatus' Wife · 21 replies
    The Hill ^ | March 26, 2015 | Keith Laing
    The co-pilot of the Germanwings flight that authorities believe was deliberately crashed in the French Alps was certified by U.S. aviation officials. The co-pilot, 28-year-old Andreas Guenter Lubitz, was granted status as an airman by the Federal Aviation Administration (FAA) on Jan. 6, 2012, according to the agency’s online database. French authorities have accused Lubitz of locking the captain of Germanwings Flight 9525 out of the cockpit and intentionally crashing the plane, killing all 150 people who were on board. The FAA certification lists Lubitz as a “private pilot (foreign based)” who is proficient in single engine landings and gliders....
  • A tidal wave of nip­ples sweeps Ice­land

    03/26/2015 10:11:17 AM PDT · by rey · 132 replies
    Mbl.Is ^ | 27 Mar 2015 | Ann Margret Bjornsson
    To­day is a #freethenip­ple day in Ice­land, a day in which a fem­i­nist wave has swept the coun­try. The day was par­tic­u­larly cel­e­brated in Reyk­javik's Uni­ver­si­ties and col­leges and an end­less amount of women tweeted their sup­port, and their nip­ples, in­clud­ing an MP. Here's a look at the day in pic­tures in which women went bra­less or top­less to show their sup­port. The in­ter­na­tional #freethenip­ple cause ad­dresses equal rights for men and women, a more bal­anced view of cen­sor­ship and the rights for all women the world over to breast­feed in pub­lic.
  • Clintons Received Money from 'Front for the Government of Iran'

    03/26/2015 9:48:59 AM PDT · by afraidfortherepublic · 21 replies
    The Weekly Standard ^ | 3-26-15 | Daniel Halper
    As President Barack Obama and Secretary of State John Kerry close in on a nuclear deal with Iran, it's worth remembering that the Bill, Hillary, and Chelsea Clinton Foundation received money from "a front for the government of Iran" called the Alavi Foundation. The front gave the Clintons $30,000 between April 2005 and March 2006, according to tax forms. This occurred years after law enforcement officials tied the group to Iranian radicals. “The center is funded by the New York-based Alavi Foundation, which law enforcement officials say is closely tied to the mullahs who dominate Iran,” the Washington Post reported...