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Business/Economy (News/Activism)

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  • Gibson Guitars Faces Bankruptcy After Years of Federal Attacks

    02/24/2018 7:23:02 AM PST · by rktman · 35 replies
    mrctv.org ^ | 2/21/2018 | P. Gardner Goldsmith
    Rock n' Roll. The soundtrack to rebellion. Across the decades, the motif has held, and the mythology of the rebellious rocker striding into the political arena to shatter the establishment with some deftly played power chords still stirs the imagination. Sadly, the new world might not be ready for the revolution, because this week, after 116 years in business, and following years of attacks, fines, and losses incurred by federal bureaucrats, Gibson, the legendary manufacturer of electric guitars, revealed that it could face bankruptcy in July. .......the feds claimed was a violation of the Teddy Roosevelt-era “Lacey Act”, which was...
  • America Could Cut Immigration by 90 Percent & Retain 100 Percent of the Economic Benefits

    02/23/2018 8:05:07 PM PST · by LibertyFound · 14 replies
    National Economics Editorial ^ | February 21st, 2018 | Spencer P Morrison
    Applying the Pareto Principle to the Immigration Debate Have you ever noticed that most of the people you work with are useless? Sure they seem busy, but most of them get precious little done. In fact, some of even them end up making work for model employees, like you—don’t they? If you’ve experienced this, then you understand how the Pareto Principle works—you just didn’t know it had a name. Also known as the 80:20 rule, the Pareto Principle stands for the idea that causality is not always linear: that is, there is not always a one-to-one relationship between cause and...
  • These companies are cutting ties with the NRA

    02/23/2018 6:50:12 PM PST · by C19fan · 73 replies
    Yahoo ^ | February 23, 2018 | Krystal Hu
    Corporate America is taking on the country’s most powerful gun lobby group. In the wake of the mass shooting in a Florida high school last week, companies are dropping their partnerships with the National Rifle Association (NRA), which touts 5 million members. According to a list compiled by ThinkProgress, an advocacy organization, there are at least 22 corporations, including car-rental companies and financial institutions that have been offering discounts to NRA members. As the #BoycottNRA movement picks up steam, some companies have cut ties.
  • Madoff Trustee Gets $76.5 Million From Austrian Feeder Fund

    02/23/2018 5:00:23 PM PST · by nickcarraway · 2 replies
    More than $10 billion has been distributed to Ponzi scheme victims so farAn Austrian hedge fund that helped direct investments from abroad into Bernard Madoff’s Ponzi scheme agreed to pay $76.5 million to victims of the fraud in a settlement with the trustee who is unwinding the con man’s firm. Trustee Irving Picard said Monday that he reached the deal with Alpha Prime Fund Ltd., which is domiciled in Bermuda and managed in Austria. The settlement brings the total recovered by Picard to $12.8 billion. More than $10 billion has been distributed to victims of Madoff’s fraud, while some money...
  • President Trump Must Move at the Speed of Technology, Not Bureaucracy

    02/23/2018 4:13:56 PM PST · by upchuck · 2 replies
    email | Feb 23, 2018 | Newt Gringrich
    Changing the direction of the Washington system from liberal to conservative was the key to President Trump’s remarkably successful first year. Changing the speed of government from the routine, slow, change-avoiding pace of bureaucracy to the high tempo, innovative, constantly accelerating pace of technology will be the key to success in the next three years. The Trump-led directional shift is unquestionable. He appointed and placed a conservative justice on the U.S. Supreme Court, seated a record number of appellate court judges in his first year, and achieved an all-time record for repealing regulations. At the National Space Council meeting on...
  • More Big Corporations Sever Ties With NRA

    02/23/2018 3:11:31 PM PST · by demkicker · 161 replies
    Breitbart.com ^ | 2-23-18 | Awe Hawkins
    The announcements by MetLife and Symantec mean four companies have cut ties with the NRA this week. On Thursday, First National Bank of Omaha and Enterprise Rent-A-Car cut ties with the NRA as well. The First National Bank of Omaha announced that it would no longer offer NRA Visa Cards and Enterprise Rent-A-Car announced it would no longer offer discounts to NRA members.
  • President Donald Trump Delivers Speech To CPAC Audience – (Video and Transcript)…

    02/23/2018 12:48:22 PM PST · by upchuck · 8 replies
    CTH ^ | Feb 23, 2018 | Sundance
    A relaxed, confident and jovial president enjoys his first visit to CPAC following a year of MAGAnomic policy implementation. Lots of good stuff to talk about…. and even time for a recitation of “The Snake” poem. Transcript: Oxon Hill, Maryland – 10:16 A.M. EST – THE PRESIDENT: Thank you very much. Thank you everybody. (Applause.) Thank you. Thank you very much. Thank you, Matt, for that great introduction. And thank you for this big crowd. This is incredible. Really incredible. (Applause.) We’ve all come a long way together. We’ve come a long way together. I’m thrilled to be back at...
  • Boeing, Lockheed Martin and Vector among rocket builders looking to Brazil for new launch site

    02/23/2018 12:08:23 PM PST · by Elderberry · 21 replies
    Yahoo Finance ^ | 2/23/2018 | Michael Sheetz
    A group of five U.S. private rocket companies met with Brazilian officials in December. Boeing, Lockheed Martin and Vector are interested in launching from the equatorial Alcantara launch complex. The coastal launch site would offer cost savings by its ability to reach orbits often preferred for satellites. A group representing five U.S. private rocket companies visited Brazil in December to meet with the nation's space agency and analyze the possibility of launching from the equatorial Alcantara launch complex. The U.S. Department of Commerce was informed about the trip, which was organized by members of the private space industry. The group...
  • Mr. President: Solution to Illegal Immigration and Voter Fraud.

    02/23/2018 11:43:09 AM PST · by Leo Carpathian · 8 replies
    AmericanSky News ^ | 2/22/2018 | Yuri Blanarovich
    Ukrainian patriots are joining American patriots in helping President Trump to Make America Great Again. Please check the article "Solution to the Illegal Immigration and Voter Fraud problems" at www.AmericanSkyNews.com describing practical, humane, sensible solution to stop illegal immigration, voter fraud and liberal destruction of US. Besides Canada Free Press about a year ago, there seems to be Yuuge Wall of Resistance to publicize the solution from talking heads and patriot media. Instead there is a talk about elaborate wall for $20 billion, that $400 bathtub drone can overfly, ignoring simple barbed wire fence Soviets and Hungarians used. Sanctuary cities...
  • Treasury Dept.: The real deficit is twice as big – and getting worse

    02/23/2018 10:03:09 AM PST · by huldah1776 · 23 replies
    Conservative Review ^ | Feb 23, 2018 | Daniel Horowitz
    The largest financial institution in the world – the U.S. government – issued its financial statement just a few days ago, and nobody in Washington seems to care that the deficit is almost twice as large as they once thought. snip In substance-free Washington, the release of the annual financial statements of the U.S. government isn’t a big deal, but it should be. The statements demonstrate that we have gone backward, not forward, with Republicans in charge of all branches of government. According to the annual financial report of the U.S. government published by the Treasury Department, the real deficit...
  • Omaha bank ends business relationship with NRA

    (The Hill) First National Bank of Omaha said Thursday that it would end its business relationship with the National Rifle Association (NRA) after feedback from customers. In a post on its official Twitter account Thursday, the bank announced it would no longer renews its contract with the NRA. Customer feedback has caused us to review our relationship with the NRA,” the bank wrote. “As a result, First National Bank of Omaha will not renew its contract with the National Rifle Association to issue the NRA Visa Card.
  • #BoycottNRA: Enterprise car rentals, Omaha bank sever gun lobby ties as boycott movement gains steam

    02/23/2018 7:40:01 AM PST · by SoFloFreeper · 77 replies
    Washington compost ^ | 2/23/18 | Fred Barbash
    Two major companies, Enterprise Holdings Inc. and First National Bank of Omaha ended co-branding partnerships with the National Rifle Association Thursday as a #BoycottNRA social media movement picked up steam. Enterprise is the parent company of three car-rental brands: Enterprise, Alamo and National. The arrangement offered discounts to NRA members.
  • This Is What Life Without Retirement Savings Looks Like

    02/23/2018 5:30:43 AM PST · by C19fan · 71 replies
    The Atlantic ^ | February 22, 2018 | Alana Samuels
    Roberta Gordon never thought she’d still be alive at age 76. She definitely didn’t think she’d still be working. But every Saturday, she goes down to the local grocery store and hands out samples, earning $50 a day, because she needs the money. “I’m a working woman again,” she told me, in the common room of the senior apartment complex where she now lives, here in California’s Inland Empire. Gordon has worked dozens of odd jobs throughout her life—as a house cleaner, a home health aide, a telemarketer, a librarian, a fundraiser—but at many times in her life, she didn’t...
  • Looking for Alternative Domain Registration Resources - NOT Register.com (Vanity)

    02/22/2018 7:36:13 PM PST · by tang-soo · 14 replies
    Register.com ^ | 2/22/2018 | Me
    Looking for recommendations for an alternative to register.com for registering my website domain. I've used register.com for many years. Last few years the price was $38 per year. They've added a service fee of $11, which is irritating but not my main beef. I'm pretty convinced their process to choose services and pay is intentionally deceptive. Deselecting items do not trigger a refresh of the total price and when one assumes the appropriate amount is being charged, that is not the case. There was no price reflected during the checkout process and they charged my credit card the full amount,...
  • Panama Canal Working to Increase LNG Vessel Capacity as Demand Grows

    02/22/2018 7:28:47 PM PST · by Oatka · 6 replies
    gCaptain ^ | Feb. 21, 2018 | gCaptain Staff
    The LNG carrier Oak Spirit transits the Expanded Panama Canal with a cargo LNG loaded from Cheniere’s Sabine Pass terminal. Photo Credit: Teekay Executives from U.S. LNG exporter Cheniere Energy met with representatives from the Panama Canal this week in Panama to discuss the waterway’s growing LNG vessel segment. (Underlines mine.) Since the opening of the Expanded Panama Canal in 2016, LNG has emerged as the fastest-growing segment for the waterway in part due to the United States emergence as a gas supplier to Asia and other global markets. To date, the Canal’s Neopanamax locks have transited more than 280...
  • CNY paving company dishes out raises, credits them to GOP tax plan

    02/22/2018 6:12:59 PM PST · by Behind Liberal Lines · 9 replies
    Post Standard, Syracuse NY ^ | 02.2.18 | Chris Baker
    CORTLAND, N.Y. -- Paul Walts is getting a raise this year, thanks to the GOP tax plan. So is Louis Morgan. So are about 800 other employees at Suit-Kote Corporation. The Cortland paving company is doling out raises and retirement bonuses using money saved from the new Republican-led tax plan. Walts, a dispatcher who's been with the company 14 years, has three kids in college. He plans to put money aside to help pay for their education. Morgan, too, said he's going to save more and possibly take a vacation. "You hear it's in the pipeline and you hope it's...
  • Are Liberal Arts Majors Working

    02/22/2018 2:49:07 PM PST · by Academiadotorg · 36 replies
    Accuracy in Academia ^ | February 22, 2018 | Malcolm A. Kline
    The American Academy of Arts and Sciences (AAAS) is trying to prove that liberal arts majors are gainfully employed but they're not doing so all that clearly. For one thing, they call the report "The State of the Humanities 2018: Graduates in the Workforce and Beyond." What exactly is beyond the workforce other than unemployment and retirement? "While their unemployment rate has declined since the Great Recession, humanities graduates had a level of unemployment in 2015 that was modestly higher than the rate for the bachelor’s-holding population as a whole," the report proclaims. "The 4.3% unemployment rate among terminal bachelor’s...
  • Anybody Watching Kevin Hassett giving WH Economic Briefing ?

    02/22/2018 11:28:11 AM PST · by DouglasKC · 16 replies
    FreeRepublic ^ | 2/22/18 | Self
    He's giving a briefing to the PRESS and taking questions about the economic policies of President Trump. This guy just is rocking it out. Answering stupid questions with impeccable logic and knowledge.
  • Jobless claims plunge to 222,000, second-lowest mark in decades

    02/22/2018 9:45:08 AM PST · by Red Badger · 20 replies
    www.washingtonexaminer.com ^ | 02/22/2018 | by Joseph Lawler
    New applications for unemployment benefits dropped 7,000 to 222,000 in the second full week of February, the Department of Labor reported Thursday, the second-lowest mark of the recovery and a good sign for the economy. Forecasters had expected new jobless claims to remain steady at an ultra-low 230,000. Lower claims are good news because they mean fewer people are getting laid off. Thursday's mark is the lowest since the early 1970s, setting aside the week of January 13, when claims touched as low as 216,000. The report should raise expectations for a very strong jobs report for the month of...
  • Obamacare, ACA, healthcare, medicaid

    02/22/2018 8:54:06 AM PST · by spintreebob · 3 replies
    Kaiser Health News ^ | 2-22-2018 | Chad Terhune
    Norma Diaz and her husband, Joseph Garcia, have dedicated their careers to running a nonprofit health insurer that covers some of California’s neediest residents. For three decades, they have worked for a Medicaid managed-care plan, Community Health Group, serving nearly 300,000 poor and disabled patients in San Diego County under a state contract funded entirely by taxpayers. They’ve earned above-average ratings for patient care. And in the process, they’ve made millions of dollars. Together, Diaz and Garcia made $1.1 million in 2016 and received more than $5 million since 2012. Diaz’s compensation as CEO exceeded the pay of several peers...