Business/Economy (News/Activism)

Brevity: Headers | « Text »
  • President Obama has a huge gas problem

    09/18/2014 1:44:05 AM PDT · by 2ndDivisionVet · 19 replies
    al-Jazeera ^ | September 15, 2014 | Peter Moskowitz
    Ahead of the People’s Climate March, activists say Obama must address fracking if he wants to leave a meaningful legacy.Later this month, hundreds of delegates will gather inside the U.N. to talk about climate change. President Barack Obama plans to attend the climate summit and reportedly wants work on a deal with other world leaders to “name and shame” countries that aren’t actively pursuing serious climate action. But outside the U.N., thousands of activists will be protesting with one message: Whatever Obama accomplishes at the U.N., it won’t be enough to save his climate legacy. The Obama administration has been...
  • Bosses and cash vanish at shoe firm Ultrasonic

    09/17/2014 7:00:25 PM PDT · by Lorianne · 17 replies
    BBC ^ | 16 September 2014
    Chinese footwear firm Ultrasonic has announced the disappearance of its chief executive and chief operating officer, along with most of its cash. The firm, which is listed in Germany, said that both the men, Qingyong Wu and Minghong Wu, had "apparently left their homes and are not traceable". At the same time, its cash reserves in China and Hong Kong had been transferred and were "no longer in the company's range of influence". Ultrasonic shares immediately fell 79%. The Cologne-based firm said its German holding company still had a "relevant six-figure amount" of money under its control, so it was...
  • The U.S. National Debt Has Grown By More Than A Trillion Dollars In The Last 12 Months

    09/17/2014 6:50:52 PM PDT · by Lorianne · 22 replies
    Economic Collapse ^ | 14 September 2014 | Michael Snyder
    The idea that the Obama administration has the budget deficit under control is a complete and total lie. According to the U.S. Treasury, the federal government has officially run a deficit of 589 billion dollars for the first 11 months of fiscal year 2014. But this number is just for public consumption and it relies on accounting tricks which massively understate how much debt is actually being accumulated. If you want to know what the real budget deficit is, all you have to do is go to a U.S. Treasury website which calculates the U.S. national debt to the penny....
  • Socialist Failure: French Government Faces Second No Confidence Vote in Six Months

    09/17/2014 5:54:55 PM PDT · by Kaslin · 2 replies
    Townhall.com ^ | September 17, 2014 | Mike Shedlock
    Second No Confidence Vote in Six Months In spite of the fact the Socialist party holds a majority of just 1 in the 577-seat lower house, French prime minister Manual Valls hopes to stabilize things with a Second No Confidence Vote in Six Months. Mr Valls could see a narrowing of his majority compared with the vote when he was first appointed prime minister at the end of March after a big socialist loss in local elections. Then he won by a margin of 306 votes to 239 against, with 26 abstentions. “Valls is politically and economically archaic. He is...
  • Police: Milwaukee Teen Sought to Rack up Crimes Before Turning 18

    09/17/2014 5:48:55 PM PDT · by afraidfortherepublic · 12 replies
    Milwauke Journal Sentinel ^ | 9-17-14 | Bruce Vielmetti
    A Milwaukee teen charged in a string of armed robberies last week told police he was trying to do as many crimes as he could before he turned 18 on Sept. 11. Rocarldo Chalmers is one of five suspects charged Wednesday in a dizzying spree of armed stick-ups and car jackings that only ended after a high speed chase. Chalmers faces 10 felonies, including armed robbery, car theft and fleeing. Isiah Deshawn Thomas, 18, is charged with five counts, Anthony Griffis, 17, with two. Two juveniles have been charged in Children's Court. As many as three other suspects remain at...
  • Obama's Illinois: Food Stamp Growth Exceeds New Jobs

    09/17/2014 3:41:34 PM PDT · by raptor22 · 12 replies
    Investor's Business Daily ^ | September 16, 2014 | IBD EDITORIALS
    Economy In Crisis: A new study by the Illinois Policy Institute shows in the past four years, the number of new food-stamp recipients in the state has outpaced new jobs nearly 2-to-1. Illinois Democratic Gov. Pat Quinn, locked in a tight re-election battle with self-made billionaire Republican Bruce Rauner, has been arguing that Illinois, arguably the bluest of blue states, has turned the fiscal corner and is on its way back. The recovery may be slower than Quinn wants it to be — but, he says, it is real. It is an odd recovery, though, that makes more people dependent...
  • Investors buy German debt at negative rates

    09/17/2014 12:06:48 PM PDT · by Olog-hai · 14 replies
    Associated Press ^ | Sep 17, 2014 1:15 PM EDT | David McHugh
    Investors have bought billions of euros in German treasury notes that pay negative interest—meaning the purchasers agreed to pay a small fee for the privilege of lending the German government their money. […] Germany auctioned €3.34 billion ($4.3 billion) Wednesday in two-year notes at an average yield of minus 0.07 percent. Rates are very low all over, and German debt is considered ultra-safe, so security-minded investors are paying for safety. Expectation the European Central Bank will buy bonds has also driven down yields, which move opposite to prices. And the small negative yield on the notes is still a better...
  • Fed signals plan to keep key rate at record low

    09/17/2014 11:19:44 AM PDT · by John W · 17 replies
    AP via Yahoo news ^ | September 17, 2014 | Martin Crutsinger
    WASHINGTON (AP) -- The Federal Reserve signaled Wednesday that it plans to keep a key interest rate at a record low for a considerable period because a broad range of U.S. economic measures remain subpar. The Fed said it planned to keep its benchmark rate near zero as long as inflation remains under control, until it sees consistent gains in wage growth, long-term unemployment and other gauges of the job market. The central bank retained language signaling its plans to keep short-term rates low "for a considerable time" after it ends its monthly bond purchases after its next meeting in...
  • New Record: Pound of Ground Beef Tops $4 for First Time

    09/17/2014 11:19:06 AM PDT · by C19fan · 58 replies
    CNS News ^ | September 17, 2014 | Ali Meyer
    Although the overall Consumer Price Index dropped by 0.2 percent in August, the price index for food rose 0.2 percent, with the average price for a pound of ground beef rising to $4.013 per pound--the first time it has ever topped $4 per pound. In July, according to the Bureau of Labor Statistics, the average price for a pound of ground beef had been $3.884 per pound—which was the record price up to that point. From July to August, the average price jumped 12.9 cents, an increase of 3.3 percent in one month.
  • Missouri, Alabama schools drop Michelle O’s lunch program

    09/17/2014 9:06:08 AM PDT · by Red Badger · 39 replies
    eagnews.org ^ | Victor Skinner
    CAPE GIRARDEAU, Mo. – New federal school food regulations promoted by First Lady Michelle Obama are becoming a massive headache for many schools that participate in the National School Lunch Program. And many, like Missouri’s Notre Dame Regional and Saxony Lutheran high schools, are taking matters into their own hands. Those schools and numerous others across the country are ditching the federal regulations and the funding that comes with them to save their cafeteria programs, which have experienced a nose-dive in sales and skyrocketing waste since the new rules were implemented in 2012. At Notre Dame, school officials turned to...
  • Leftist Lawmakers and Enviro-Extremists Created CA Water Crisis

    09/17/2014 8:13:50 AM PDT · by Tolerance Sucks Rocks · 19 replies
    Breitbart California ^ | August 30, 2014 | Assemblyman Tim Donnelly
    On Friday, the California State Assembly outdid itself. You can always count on the leftist leaders of what is supposed to be the “people’s house” never lets a crisis go to waste. With the passage of AB 1739 (Dickinson-D), SB 1168 (Pavley-D), and SB 1319 (Pavley-D), 100 years of history was reversed. The authors painted a grim picture of California’s groundwater future. Most of what they said is true. The only problem they didn’t bother to tell you two key truths: 1.It was these same so-called leaders who give up our seat—the property owner and the farmer’s place at the...
  • Odile Poised to Bring Catastrophic Flooding to Southwest US

    09/17/2014 8:10:24 AM PDT · by rktman · 62 replies
    accuweather.com ^ | 9/17/2014 | Alex Sosnowski
    Odile will unload tremendous rainfall over a large part of the Southwest United States that will run off the mountains and into the desert valleys and plains through the end of the week. While the rain will continue to ease the long-term drought in the region, too much rain will fall too quickly for the landscape to absorb.
  • Want to Buy a Company? Try Stealing One Instead

    09/17/2014 7:10:10 AM PDT · by Kaslin · 8 replies
    Townhall.com ^ | September 17, 2014 | John Ransom
    There are many sharks in the water – so many, in fact, that even public exposure in courts of law doesn’t guarantee that the most predatory of attacks will necessarily garner public attention. Well, here’s one that should, assuming two related court actions by the bankrupt oil drilling equipment holding company Gulfco Holding Corp. against Prospect Capital Corp has real merit. It’s a dilly, a true watermark of an intrinsically tainted business culture. In Gulfco Holding Corp. v. Prospect Capital Corp. (U.S. Bankruptcy Court for the District of Delaware) – and in a separate lawsuit filed May, 2014 in Jefferson...
  • Why King Coal Will Keep Its Crown

    09/17/2014 6:34:55 AM PDT · by rktman · 19 replies
    oilprice.com ^ | 9/17/2014 | Andrew Topf
    For climate change activists and those hoping for an energy future dominated by renewables or even less-polluting natural gas, the death of coal cannot come quickly enough. But with coal still the dominant form of cheap electricity throughout the world, it is unlikely the bogeyman of climate change will disappear anytime soon. That's because the price of coal, compared to other fuels, is just too good to refuse. Just look at China, where the country's double-digit economic growth has largely been fueled by coal, which fulfills 60 percent of its energy mix.
  • America Wastes $22 Trillion In War On Poverty. 'Poverty' in America is not your father's poverty

    09/17/2014 6:00:27 AM PDT · by SeekAndFind · 11 replies
    IBD ^ | 09/17/2014 | Robert Rector
    The Census Bureau's annual report on poverty, released Tuesday, is noteworthy because this year marks the 50th anniversary of President Lyndon Johnson's launch of the War on Poverty. Liberals claim that the war has failed because we didn't spend enough money. Their answer is to spend more. But the facts show otherwise. Since its beginning, U.S. taxpayers have spent $22 trillion on Johnson's War on Poverty (in constant 2012 dollars). Adjusting for inflation, that's three times more than was spent on all military wars since the American Revolution. The federal government currently runs more than 80 means-tested welfare programs. These...
  • Don't Credit ObamaCare Exchanges For Uninsured Drop

    09/17/2014 5:06:59 AM PDT · by IBD editorial writer · 11 replies
    Investor's Business Daily ^ | 09/16/2014 | John Merline
    The uninsured rate fell 1.3% in the first three months of this year to the lowest point since the Centers for Disease Control began tracking it in 1997. The CDC's survey, on top of others by Gallup, the Kaiser Family Foundation and the Urban Institute, appears to show that ObamaCare is succeeding in its main goal of cutting the ranks of the uninsured. But the picture is far murkier than these surveys suggest. In fact, it's not entirely clear what impact ObamaCare is having on the uninsured, or what part of the law deserves credit if it is.
  • China's leaders refuse to blink as economy slows drastically

    09/16/2014 8:07:03 PM PDT · by Lorianne · 8 replies
    Telegraph (UK) ^ | 15 September 2014 | Ambrose Evans-Pritchard
    Premier Li Keqiang is determined to drive through deep reforms and wean the economy off exorbitant levels of debt before the damage becomes irreversible ___ China’s leaders have brushed aside warnings of an incipient credit crunch in the Chinese economy, determined to purge excesses from the financial system despite falling house prices and the deepest industrial slowdown since the Lehman crisis. Industrial production dropped 0.4pc in August from a month earlier, a rare event that highlights how quickly China is coming off the boil. The growth of fixed asset investment fell to record lows. “It is a shockingly sharp deceleration,”...
  • Only a monetary 'nuclear bomb' can save Italy now, says Mediobanca

    09/16/2014 7:59:11 PM PDT · by Lorianne · 20 replies
    Telegraph (UK) ^ | 15 September 2014 | Evans Amrbrose-Pritchard
    The OECD has drastically cut its growth forecast for Italy. The depression will drag on though most of 2015. The economy will contract by 0.4pc this year. It will remain stuck in the doldrums next year with growth of just 0.1pc. If so, Italy’s public debt will spiral to dangerous levels next year, ever further beyond the point of no return for a country without its own sovereign currency and central bank. “This is catastrophic for the finances of the country. We’re heading for a debt ratio of 145pc next year,” said Antonio Guglielmi, global strategist for Mediobanca. “Who knows...
  • 'Ratings shopping' makes a comeback in the US

    09/16/2014 7:56:40 PM PDT · by Lorianne · 1 replies
    Financial Times ^ | 15 September 2014
    Sales of subprime mortgage bonds have withered since the financial crisis, but fresh concerns are arising as issuance of some other types of securitisations surges. Sales of bonds backed by loans used to finance car purchases undertaken by the least creditworthy borrowers have reached pre-crisis levels in the US, prompting a Department of Justice investigation. While losses on subprime auto asset-backed securities (ABS) remained low during the crisis, there are concerns that new specialised lending companies are making riskier loans which are then being bundled into the bonds. Fitch Ratings has been hired to rate only four of the 29...
  • Medical Office Cancels Health Plan After ObamaCare Doubles Premiums

    09/16/2014 6:59:52 PM PDT · by Republican Wildcat · 9 replies
    Medical Office Cancels Health Plan After ObamaCare Doubles Premiums (September 10, 2014) - click link to view
  • The War on Poverty After 50 Years (has cost tax payers to date $22 Trillion)

    09/16/2014 5:25:39 PM PDT · by Chgogal · 45 replies
    The Heritage Foundation ^ | September 15 ,2014 | Robert Rector and Rachel Sheffield
    This week, the U.S. Census Bureau is scheduled to release its annual poverty report. The report will be notable because this year marks the 50th anniversary of the launch of President Lyndon Johnson’s War on Poverty. In his January 1964 State of the Union address, Johnson proclaimed, “This administration today, here and now, declares unconditional war on poverty in America.”[1] Since that time, U.S. taxpayers have spent over $22 trillion on anti-poverty programs (in constant 2012 dollars). Adjusted for inflation, this spending (which does not include Social Security or Medicare) is three times the cost of all military wars in...
  • Few Americans Want More Gov't Regulation of Business [Gallup Poll: Republicans Ignoring the Issue]]

    09/16/2014 3:56:57 PM PDT · by SoFloFreeper · 7 replies
    Gallup ^ | 9/15/14 | Frank Newport
    About half say there is too much regulation; 22% say there is too little .....From 2003 through the remainder of the George W. Bush administration, however, these attitudes settled into a pattern in which Americans were more likely to say there was too much rather than too little government regulation of business. After Barack Obama took office in 2009, the percentage saying "too much" regulation rose into the high 40s, including a reading of 50% in 2011, and has remained at these relatively high levels since. Less than a quarter of Americans have perceived in the last two years that...
  • NASA awards space taxi contract to Boeing and SpaceX

    09/16/2014 2:28:57 PM PDT · by Olog-hai · 27 replies
    Fox News ^ | September 16, 2014 | James Rogers
    NASA has awarded the highly-anticipated space taxi contract to Boeing and SpaceX, a move which will end the agency’s reliance on Russian technology to transport U.S. astronauts to the International Space Station. The Commercial Crew Transportation Capability contract aims to restore an American capability to launch astronauts from U.S. soil to the International Space Station by the end of 2017. Since the end of the Space Shuttle program in 2011, American astronauts have been transported to space on Russian-built Soyuz vessels. …
  • Moscow warns against panic as ruble plunges to historic lows

    09/16/2014 12:16:28 PM PDT · by Tailgunner Joe · 23 replies
    AFP ^ | September 16, 2014 | Anna Smolchenko
    Russian authorities told people not to panic on Tuesday as the battered ruble plunged to record lows, floored by tensions with the West over Ukraine, new sanctions and falling oil prices. The national currency fell to 38.82 rubles per dollar after weakening on Monday to below 38 against the dollar for the first time. It also broke through the symbolic level of 50 rubles per euro for the first time in several months. The ruble has slumped as investors fret about the impact of ever more stringent Western sanctions on the economy, which is already teetering on the verge of...
  • Embarrassment Alert: America’s Tax System Ranks Below Italy, Greece, and Mexico

    09/16/2014 11:27:00 AM PDT · by Kaslin · 6 replies
    Townhall.com ^ | September 16, 2014 | Daniel J. Mitchell
    ’ve complained over and over again that America’s tax code is a nightmare that undermines competitiveness and retards growth.Our aggregate fiscal burden may not be as high as it is for many of our foreign competitors, but high tax rates and poor design mean the system is very punitive on a per-dollar-raised basis.For more information, the Tax Foundation has put together an excellent report measuring international tax competitiveness.Here’s the methodology. The Tax Foundation’s International Tax Competitiveness Index (ITCI) measures the degree to which the 34 OECD countries’ tax systems promote competitiveness through low tax burdens on business investment and neutrality through...
  • Chinese Billionaires Can't Wait to Get Away from Communism

    09/16/2014 11:11:13 AM PDT · by Kaslin · 10 replies
    Townhall.com ^ | September 16, 2014 | Mike Shedlock
    A Barclays' survey of over 2,000 individuals with a net worth over $1.5 billion contains some pretty interesting results. Those in China and Singapore are most likely to leave their country, while those in the US and India were most likely to stay. Please consider Almost Half of Wealthy Chinese Want to Leave.
  • Clear Channel Gets a New Name

    09/16/2014 9:22:44 AM PDT · by Dave346 · 15 replies
    The Wall Street Journal ^ | 10:31 am ET Sep 16, 2014 | Hannah Karp
    Most Americans are familiar with the names of their local radio stations but not with the cumbersome name of the company that owns most of them: Clear Channel Media Holdings Inc. Now, after 42 years, the country’s largest radio broadcaster is switching its name to something it hopes will resonate more with listeners and advertisers: iHeartMedia Inc., a nod to the company’s three-year-old digital radio service, iHeartRadio. Though most of Clear Channel’s revenue still comes from advertising on its terrestrial airwaves — iHeartRadio only accounts for 10% of total listening for the company — Clear Channel has been building the...
  • Businesses report cutting jobs due to ObamaCare

    09/16/2014 8:32:28 AM PDT · by Kaslin · 22 replies
    Fox News.com ^ | September 16, 2014 | Jim Angle
    Businesses are cutting jobs due to ObamaCare, according to surveys by several regional Federal Reserve Banks. Health economist John Goodman noted that "three Federal Reserve Banks in Philadelphia, New York and Atlanta have surveyed the folks in their area and roughly one fifth of the employers are saying they cut back on employment. “Roughly one fifth are saying they're moving from full time to part time,” Goodman added. “More than one in ten are saying they're doing more outsourcing - all this because of the new health care reform."
  • We’re returning human spaceflight launches to America.

    09/16/2014 7:49:39 AM PDT · by Enlightened1 · 119 replies
    We’re returning human spaceflight launches to America. Learn who will take crews to the #ISS. Watch NASA TV at 4pm ET http://youtu.be/ceQycm1uCFI
  • Gore’s Latest ’24 Hours of Reality’ Promotes Tragic Mistake

    09/16/2014 7:43:44 AM PDT · by rktman · 15 replies
    pjmedia.com ^ | 9/16/2014 | Tom Harris
    After each of Al Gore’s prior 24 Hours of Reality [1] broadcasts, climate experts have publicly corrected his many basic science errors. But he pays no attention whatsoever, committing the same blunders year after year. As a consequence, the former vice president’s initiative encourages the continuation of one of the greatest tragedies of all time. Leading up to the fourth annual Climate Reality marathon starting at noon EDT on Tuesday, Gore is promoting Climate-101 [2], a website dedicated to the science of the issue as he understands it. Like his global warming presentations, Climate-101 is riddled with fundamental mistakes. Especially...
  • Record Ice Coverage More Proof that Weather Still Exists Despite Obama's Attempt to Ban It

    09/16/2014 7:37:20 AM PDT · by Kaslin · 5 replies
    Townhall.com ^ | September 16, 2014 | John Ransom
    Record ice in Antarctica is more proof that Obama is a failure. Despite claiming to control the weather with both his genius intellect and the power of his superhuman Nobel prize, it's been apparent he is not succeeding. And weÂ’ve all noticed it for some time now.No matter the circumstances, every weather event is blamed on global warming in an attempt to cover up Obama's nefarious plot failure.Cold temperature? Global warming. Hot temperatures? Global warming? Snow? Global warming. Drought? Global warming. Hurricanes, tornadoes or the lack thereof? Global warming. There was even an attempt by a ditzy news anchor on...
  • Brady Center To Sue Websites That Sold Ammo To Aurora Theater Shooter

    09/16/2014 7:33:01 AM PDT · by rktman · 51 replies
    dailycaller.com ^ | 9/16/2014 | Greg Campbell
    The Brady Center to Prevent Gun Violence will sue the online gun dealers who sold weapons to Aurora Theater shooter James Holmes, according to a a local news report. “The lawsuit alleges that the websites negligently supplied Holmes with the arsenal he used to kill 12 people and wound at least 58 others by failing to use any screening mechanism to determine his identity or intent for the products,” the Brady Center said in a press release.
  • Russia's Energy Minister To Meet OPEC As Oil Price Falls More

    09/16/2014 6:59:39 AM PDT · by thackney · 10 replies
    Rig Zone ^ | September 15, 2014 | Reuters
    Russian Energy Minister Alexander Novak will meet OPEC officials on Tuesday in Vienna, his spokeswoman said, as oil's price fall piled pressure on Moscow's budget. The annual meeting had been planned long before oil fell below the $100 per barrel level critical for Russia's oil sales which account for 40 percent of state budget revenues. Russia suffered from a decline of oil production and prices this year and has cut its outlook for oil output as core Western Siberian fields become more depleted. The spokeswoman said that Novak and the officials from the Organization of the Petroleum Exporting Countries had...
  • World's first 3-D printed car takes test drive [Eventual Doom of UAW?]

    09/16/2014 6:56:45 AM PDT · by SoFloFreeper · 70 replies
    WYFF-TV ^ | 9/16/14 | Sean Lewis
    In a matter of two days, history was made at Chicago's McCormick Place, as the world's first 3-D printed electric car -- named Strati, Italian for "layers"-- took its first test drive. "Less than 50 parts are in this car," said Jay Rogers from Local Motors.
  • The War on Poverty Has Been a Colossal Flop

    09/16/2014 6:46:32 AM PDT · by Enlightened1 · 45 replies
    The Daily Signal ^ | 09/16/14 | Robert Rector
    Liberals claim that the War on Poverty has failed because we didn’t spend enough money. Their answer is just to spend more. But the facts show otherwise. Since its beginning, U.S. taxpayers have spent $22 trillion on Johnson’s War on Poverty (in constant 2012 dollars). Adjusting for inflation, that’s three times more than was spent on all military wars since the American Revolution.
  • Another Atlantic City bust: Trump Plaza closes

    09/16/2014 6:13:32 AM PDT · by C19fan · 20 replies
    AP ^ | September 16, 2014 | Wayne Parry
    Trump Plaza Hotel & Casino closed its doors early Tuesday, the fourth Atlantic City casino to go belly-up so far this year. When it opened on May 14, 1984, Donald Trump called it the finest building in Atlantic City, and possibly the nation. But since then, The Donald has left town and cut ties to its casinos. And the Plaza, like many Atlantic City casinos, has seen better days.
  • Samsung accuses rival LG exec of vandalising washing machines

    09/16/2014 5:56:14 AM PDT · by TigerLikesRooster · 41 replies
    Reuters ^ | Sep 14 2014
    Samsung accuses rival LG exec of vandalising washing machines Sun, Sep 14 2014 SEOUL (Reuters) - Samsung Electronics Co Ltd (005930.KS: Quote, Profile, Research) has accused the head of rival LG Electronics Inc's (066570.KS: Quote, Profile, Research) home appliances business of damaging Samsung washing machines at retail stores in Germany and asked Seoul prosecutors to investigate. Samsung, in a statement on Sunday, said it asked the Seoul Central District Prosecutors' Office to investigate LG employees who the company says were seen deliberately destroying several of its premium washing machines on display at two stores earlier this month ahead of the...
  • Billionaire gun control backer drops $2.5 million on Nazi tank

    09/16/2014 5:45:43 AM PDT · by rktman · 35 replies
    guns.com ^ | 9/15/2014 | Chris Eger
    Paul Allen, the Microsoft co-founder who recently chipped in $500,000 to back a gun control proposal in Washington state, is now catching flak for buying a World War II Nazi tank. The tank in question, a Panzerkampfwagen IV Ausf. H, commonly referred to as a Panzer IV, was allegedly sold in July for $2.5 million to a foundation tied to Allen. However, attention over the deal, which is now tied up in a lawsuit over non-delivery, has now earned Allen the scorn of gun rights groups when compared to the tech pioneer’s half-million dollar donation to help push gun control...
  • Obama seeks faster phaseout of popular coolant in effort to curb greenhouse gases

    09/16/2014 4:44:42 AM PDT · by MikeinMotley · 53 replies
    wapo ^ | September 15, 2014 | Joby Warrick
    The Obama administration is preparing to introduce major steps to phase out production of a popular chemical coolant used in refrigerators and air conditioners, citing growing evidence that the substance is contributing to the warming of the planet. The White House will announce on Tuesday a series of voluntary commitments by some of the country’s largest chemical firms and retailers to move rapidly away from R-134a and similar compounds used in nearly every office, home and automobile in the country, according to current and former U.S. officials familiar with the effort.
  • Another ObamaCare Cancellation Wave Approaches

    09/16/2014 3:38:59 AM PDT · by IBD editorial writer · 20 replies
    Investor's Business Daily ^ | 09/16/2014 | IBD Staff
    Last week, Virginia lawmakers learned that 250,000 residents will see their health plans canceled this year, due to ObamaCare. The president's second "keep your plan" promise was as worthless as the first.
  • GOP Runs From Social Issues, Prepares For Long-Term Minority Status

    09/15/2014 10:40:17 PM PDT · by 2ndDivisionVet · 57 replies
    Breitbart's Big Government ^ | September 15, 2014 | Ben Shapiro
    On Monday, The New York Times reported that once again – for what must by, by this point, the 1,297th time – Democrats have decided to swivel to social issues for electoral purposes in advance of the 2014 election. “After a generation of campaigns in which Republicans exploited wedge issues to win close elections,” the paper reported, “Democrats are now on the offensive in the culture wars.” According to the Times, Democrats’ turn to abortion, same-sex marriage, and contraceptives is merely the latest attempt to “stoke concerns among moderate voters, especially women, and motivate their base.” And, the Times notes,...
  • A Cringe-Inducing Evening With Jordan Belfort, the Real “Wolf of Wall Street”

    09/15/2014 10:56:09 PM PDT · by shove_it · 9 replies
    Slate ^ | 12 Sep 2014 | Julia La Roche
    Hundreds of people (mostly men) packed the house at the 92nd Street Y in Manhattan's Upper East Side to see the real-life "Wolf of Wall Street," Jordan Belfort. Belfort is the author of a best-selling tell-all memoir that chronicled his boozy, drug-fueled, high-flying Wall Street lifestyle running 1990s-era boiler room Stratton Oakmont. The convicted felon’s book was adapted into a film directed by Martin Scorsese starring Leonardo DiCaprio. Belfort was arrested in 1998. In 2003, he was convicted for securities fraud and money laundering. He served a 22-month prison sentence after being sentenced to four years. He was also ordered...
  • For RadioShack, the end is near

    Gentlemen and gentlewomen of a certain age harbor fond memories of trips to RadioShack. In days of yore, ham radios and homemade guitar amplifiers would emerge from the mysterious jumble of wires and audio components hawked by this unpretentious electronic retailer. Whatever one’s view of this American institution with about 27,000 employees, it is near death. On Thursday, RadioShack warned that it may file for Chapter 11 bankruptcy.
  • Radisson drops Vikings, for now

    09/15/2014 7:31:45 PM PDT · by ConservativeStatement · 9 replies
    ESPN ^ | September 15, 2014
    The first sponsor has backed away from its involvement with the NFL amid the chaos that has enveloped the league over the past week. On Monday night, hours after its logo appeared on the banner behind Minnesota Vikings general manager Rick Spielman as he explained the team's decision to play running back Adrian Peterson in the near future, hotel chain Radisson announced it was suspending its sponsorship with the team.
  • You Believe What You Want to Believe

    09/15/2014 5:30:34 PM PDT · by 2ndDivisionVet · 32 replies
    Taki's Magazine ^ | August 29, 2014 | Gavin McInnes
    I was walking through the Fox News building a while ago and a producer introduced me to a young black man by saying, “This is the engineer you’ll be working with tonight.” We shook hands and the engineer said, “I know who you are. Look, I want you to know, I don’t agree with all your beliefs but I respect you for speaking your mind.” I said “Thanks” because we were in a hurry but what I really wanted to say was, “What beliefs? I’m not a Scientologist. I don’t really have ‘beliefs.’ I have opinions based on the information...
  • Florida spends billions on toll lanes, but public has little input into how money is spent

    09/15/2014 5:01:03 PM PDT · by Tolerance Sucks Rocks · 15 replies
    The Florida Times-Union ^ | September 14, 2014 | Eric Barton
    In the next decade, Florida’s biggest cities will add toll lanes to the state’s busiest highways. Nobody knows exactly how much it will cost. Maybe as little as $3 billion. Maybe double that. What’s clear is that when the toll lanes across the state are complete, they will become one of the largest infrastructure projects in state history. There’s little debate that the toll lanes, also called express lanes or managed lanes, make commutes quicker for those willing to pay as much as $10 to use them. But there has been little debate about the need for the projects —...
  • 2 Chicago universities among Obama presidential library semifinalists

    09/15/2014 4:00:59 PM PDT · by afraidfortherepublic · 33 replies
    Chicago Tribune ^ | 9-15-14 | Dahleen Glanton, Melissa Harris
    Two Chicago universities will advance to the next round of competition to build the Barack Obama presidential library and museum, the president’s foundation announced on Monday.. The University of Chicago and the University of Illinois at Chicago will join Columbia University in New York and the University of Hawaii in submitting official proposals to host the library. The semifinalists were chosen from a field of 13 potential bidders that hoped to host the library. In Chicago, the remaining potential sites are on the South Side and the West Side.
  • Venezuela's Newest Shortage: Breast Implants

    09/15/2014 3:49:15 PM PDT · by dynachrome · 33 replies
    ABC ^ | 9-15-14 | HANNAH DREIER
    Venezuela's chronic shortages have begun to encroach on a cultural cornerstone: the boob job. Beauty-obsessed Venezuelans face a scarcity of brand-name breast implants, and women are so desperate that they and their doctors are turning to devices that are the wrong size or made in China, with less rigorous quality standards. Venezuelans once had easy access to implants approved by the U.S. Food and Drug Administration. But doctors say they are now all-but impossible to find because restrictive currency controls have deprived local businesses of the cash to import foreign goods. It may not be the gravest shortfall facing the...
  • Why Costco is going Republican — at least at home

    09/15/2014 3:33:15 PM PDT · by Second Amendment First · 9 replies
    Washington Post ^ | September 15, 2014 | Reid Wilson
    On July 24, President Obama traveled to Medina, a small, wealthy enclave outside Seattle, to attend a fundraiser for a Democratic super PAC at the home of former Costco CEO Jim Sinegal, one of the Democratic Party’s most reliable donors. But at the same time Sinegal was raising money to help Democrats retain control of the U.S. Senate, he and two of the wholesaler’s top executives were also shelling out cash to help Republicans win the Washington State Senate. In fact, the three Costco executives — long among the most reliable donors to Democratic candidates and causes — have spent...
  • Don't Believe President Obama's Hype About An Engineer 'Shortage'

    09/15/2014 3:26:55 PM PDT · by SeekAndFind · 80 replies
    Forbes ^ | 09/15/2014 | John Tamny
    [SNIP] All of which brings us to the latest popular lament among pundits, politicians, and even some in the business world: the perceived lack of engineers and/or ‘STEM’ (science, technology, engineering, and mathematics) graduates. President Obama has said “We need more engineers,” so has Hillary Clinton, and then Lockheed Martin executive Stephanie Hill recently stated that “we’ll lose” if we don’t produce at least 1 million more ‘STEM’ grads. About all the handwringing, readers can relax. Indeed, there’s nothing to this story or alleged shortage. Price signals work. They always do, and they do because one of the underlying purposes...