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Business/Economy (News/Activism)

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  • Driver: The Taxi and Limousine Commission ruined my life

    11/28/2014 6:40:43 PM PST · by TBP · 17 replies
    New York Post ^ | November 27, 2014 | 10:15pm | Rebecca Harshbarger and Daniel Prendergast
    A Pennsylvania limo driver says he lost his job, and his life was destroyed, when a ruthless undercover TLC inspector pulled a sting on him and seized his employer’s car at JFK Airport, leaving him stranded for days. Michael Davis, 49, his wife and two young sons are now facing eviction from their Allentown, Pa., home after he was forced to fork over thousands of dollars to his former employer, who sued him for losing the town car. “It messed up my life,” Davis told The Post, referring to his May 14 run-in with Felicia Harper, a member of the...
  • The World's Oil Giants Got Crushed (stocks)

    11/28/2014 4:20:56 PM PST · by dynachrome · 47 replies
    Business Insider ^ | 11-28-14 | MYLES UDLAND
    On Thursday, oil prices crashed. And on Friday, shares of oil companies around the world followed suit. Here were some of the biggest losers on Friday: BP (BP), down 5% Royal Dutch Shell (RDS.A), down 6% Total (TOT), down 5% Statoil (STO), down 14% Exxon Mobil (XOM), down 5% ConocoPhillips (COP), down 9% Marathon Oil (MRO), down 13% Occidental Petroleum (OXY), down 7%
  • Walmart Black Friday Protests Hit Major Cities With Calls For '$15 And Full Time'

    11/28/2014 2:16:10 PM PST · by 2ndDivisionVet · 53 replies
    The Huffington Post ^ | November 28, 2014 | Dave Jamieson
    WASHINGTON -- Dirk Rasmussen had Friday off and could have slept in if he wanted to. Instead, the Maryland resident and Teamster rose early and drove to downtown Washington, eager to join a post-Thanksgiving protest against Walmart. "Our local [union] president encouraged us to take part," said Rasmussen, 58, who works in a lumber and building-supply warehouse. "I raised eight children on a Teamsters benefit package and Teamsters wage. I'm a firm believer in collective bargaining, and I'm very concerned about the security of this next generation." Black Friday may be most famous for doorbuster shopping deals, but among progressives...
  • Singapore: A Remarkable Free-Market Success Story

    11/28/2014 1:43:39 PM PST · by Kaslin · 16 replies
    Townhall.com ^ | November 28, 2014 | Daniel J. Mitchell
    I’ve written about the success of Hong Kong (particularly when compared to nations such as Cuba, France, and China), but haven’t paid as much attention to Singapore. But it’s time to correct that oversight. I’m motivated to write about Singapore because of a story that reveals one of the unique features of that jurisdiction: The bureaucracy gets monetarily rewarded if the economy prospers. Here are some passages from a Bloomberg report.
  • Enviro Meltdown Over “Unpatriotic” and “Irrational” Republicans

    11/28/2014 1:16:07 PM PST · by Kaslin · 17 replies
    Townhall.com ^ | November 28, 2014 | Michael Schaus
    Uh oh… The evil, hate filled, GOP now has control of the US Senate. Clearly the world will soon end. (Lucky for me, I have stocked up on guns and ammo… So I’m feeling better prepared than my Diana DeGette-loving neighbor.) Ben Adler, the former Newsweek.com editor, was among the more frantic examples of post-election meltdown. Appearing somewhat like Chris Matthews during a Republican victory, Ben scrambled to express his frustration at conservative gains with over-the-top rhetoric. He even went so far as to say that conservatives should not be mistaken for “rational human beings” or “patriotic Americans”.Super classy. Adler insisted...
  • Agency: $443,000 on Gruber analysis of Obamacare in Wisconsin long spent

    11/28/2014 12:56:40 PM PST · by afraidfortherepublic · 9 replies
    The Wisconsin Reporter ^ | 11-25-14 | M. D. Kittle
    MADISON, Wis. — The “architect” of Obamacare who suggested the “stupidity of the American voter” helped pass President Obama’s signature health-care reform law hauled in $200,000 from Wisconsin taxpayers for his analysis of the potential costs and impacts of the Affordable Care Act on the Badger State, according to the state Department of Health Services. In total, taxpayers spent $443,718 for MIT economist Jonathan Gruber and a firm to analyze the actuarial and economic impacts of the Affordable Care Act on Wisconsin health insurance markets, according to records obtained by Wisconsin Reporter. The remaining $243,718 went to Gorman Actuarial LLC,...
  • Ferguson Protesters Take Over Water Tower Plaza, Urge Black Friday Boycott

    11/28/2014 12:38:52 PM PST · by 2ndDivisionVet · 37 replies
    Newsradio WBBM-FM ^ | November 28, 2014 | Mike Krauser
    CHICAGO (CBS) – Dozens of activists staged a demonstration Friday morning at the Historic Chicago Water Tower on Michigan Avenue, calling for a boycott to protest the controversial grand jury decision in Ferguson, Missouri. With anger still simmering over the grand jury’s refusal to charge Ferguson Police Officer Darren Wilson with any crime for fatally shooting Michael Brown, an unarmed black teenager, protests have continued throughout the week across the U.S. Protesters have called for a boycott of Black Friday shopping, in an effort to call attention to what they called the inherent injustice of capitalism. “We’re in a system...
  • Judge orders Wal-Mart to let NYC church challenge gun sales

    11/28/2014 11:25:31 AM PST · by aimhigh · 67 replies
    Reuters ^ | 11/28/2014 | JONATHAN STEMPEL
    A federal judge ordered Wal-Mart Stores Inc to let shareholders vote on a proposal to force tighter oversight of its sale of high-capacity guns and other potentially offensive products. The proposal would require the governance committee of Wal-Mart's board to more closely examine the sale of products that might endanger public safety, hurt Wal-Mart's reputation, or offend "family and community values" integral to the Bentonville, Arkansas-based company's brand.
  • Congress Can't Break Highway Gridlock

    11/28/2014 11:04:21 AM PST · by Tolerance Sucks Rocks · 20 replies
    Real Clear Politics ^ | November 26, 2014 | Michael Needham
    “I don’t want to say they’re unsafe, but they’re dangerous.” That was how President Obama’s former transportation secretary Ray LaHood described America’s roads and bridges in a pre-Thanksgiving interview on CBS’s 60 Minutes. The high-profile story left viewers with the distinct impression that America’s roads and bridges are crumbling, and politicians were to blame. First, let’s dispense with the notion that travel in America is a life-jeopardizing experience. According to the Federal Highway Administration’s own 2013 report, the number of structurally deficient and functionally obsolete bridges has decreased every year since 2000. This same report also shows that fatalities and...
  • Restaurant owner blasts city fines over single-gender ads

    11/28/2014 9:31:51 AM PST · by lowbridge · 33 replies
    ny post ^ | november 21, 2014 | Michael Gartland and Amber Sutherland
    Bruno’s Italian eatery, Sistina, was slammed with its own $5,000 fine after a staffer placed an ad on Craigslist for a “hostess.” In 2011, the Windsor, a Greenwich Village sports bar, was fined after a sting by the city Commission on Human Rights caught it trying to hire “waitresses” through Craigslist. Gender-specific ads violate city civil-rights law. Unlike the Windsor’s owners, Bruno says he’s going to fight what he describes as a “scam.” “They want us to settle for $5,000,” Bruno told The Post on Thursday. “I’m not going to settle. I didn’t do anything wrong.” Sistina, on Second Avenue...
  • UC Davis Economics Professor: There Is No American Dream

    11/28/2014 9:28:39 AM PST · by SES1066 · 34 replies
    CBS Sacramento CA ^ | 11/26/14 | Steve Large
    DAVIS (CBS13) — A UC Davis economics professorhas determined there is no American Dream. Gregory Clark is sharing his research as a hard truth with no hope—whether or not you can get ahead in America is as predictable as any formula.
  • Netflix CEO: Broadcast TV Will Be Dead By 2030

    11/28/2014 9:18:30 AM PST · by Enlightened1 · 124 replies
    Beat Beat ^ | 11/28/14 | Jack Smith IV
    Nielsen Ratings are going to finally factor in Netflix traffic. Reed Hastings thinks it's too little, too late.
  • Gunmaker Magpul finalizes departure from Colorado to protest anti-gun laws

    11/28/2014 9:05:39 AM PST · by rktman · 15 replies
    washingtontimes.com ^ | 11/26/2014 | Valerie Richardson
    Officials at Magpul Industries unveiled Wednesday its new facilities in Texas and Wyoming, making good on a vow to leave Colorado in response to the state’s sweeping gun control legislation.
  • Obama Rules Are Coal In America's Christmas Stocking

    11/28/2014 8:25:11 AM PST · by rktman · 7 replies
    investors.com ^ | 11/26/2014 | IBD editorial
    Regulation: Funny how this always happens: Right before a big holiday weekend, when almost no one is paying attention, the Obama administration announces hundreds, sometimes thousands, of new regulations. Early Christmas Season Surprise: 3,000 New Federal Regulations Earlier this week, news broke that businesses and consumers should get ready for more than 3,000 new regulations that will hit the economy in 2015. The national media yawned.
  • CAGW Names Rep. Mike Rogers November Porker of the Month

    11/28/2014 8:09:14 AM PST · by Tolerance Sucks Rocks · 9 replies
    Citizens Against Government Waste ^ | November 2014 | Citizens Against Government Waste
    (Washington, D.C.) – Today, Citizens Against Government Waste (CAGW) named Rep. Mike Rogers (R-Ala.) its November Porker of the Month for his second unsuccessful attempt to convince his fellow Republican lawmakers that it would be a good idea to restore earmarks. During a closed-door meeting on November 14, 2014, by a vote of 145-67, House Republicans rebuffed Rep. Roger’s effort to earmark projects for “state, locality, public utility or other public entities.” Rep. Rogers was also named CAGW’s Porker of the Month in April 2012, after his first failed attempt to end the earmark ban on March 30, 2012. Rep....
  • Cost of Unlawful Immigrants and Amnesty to the U.S. Taxpayer

    11/28/2014 8:08:38 AM PST · by Dqban22 · 5 replies
    Heritage Fou7ndatio9n ^ | May 6, 2014 | Robert Rector and Jason Richwine, Ph.D.
    Cost of Unlawful Immigrants and Amnesty to the U.S. Taxpayer By Robert Rector and Jason Richwine, Ph.D. May 6, 2013 Executive Summary Unlawful immigration and amnesty for current unlawful immigrants can pose large fiscal costs for U.S. taxpayers. Government provides four types of benefits and services that are relevant to this issue: The rest of the study http://www.heritage.org/research/reports/2013/05/the-fiscal-cost-of-unlawful-immigrants-and-amnesty%20to-the-us-taxpayer
  • Is This a War Zone? Nope. Ferguson, MO

    11/28/2014 8:00:56 AM PST · by Diana in Wisconsin · 26 replies
    IJ Review ^ | Novemver 25, 2014 | Kevin Boyd
    The riots in Ferguson, Missouri, have shocked and dismayed the nation as we’ve heard about numerous shops and businesses being destroyed and the livelihoods of many people being ruined. But it doesn’t truly hit home until you’ve actually seen the devastation of the rioting:
  • Low traffic on ICC prompts calls for lower tolls to ease congestion on local roads

    11/28/2014 6:07:01 AM PST · by Tolerance Sucks Rocks · 26 replies
    The Washington Post ^ | November 27, 2014 | Katherine Shaver
    Welmoed Sisson’s drive between her northern Montgomery County home and her business clients across the Maryland suburbs often includes a trip on the Intercounty Connector, a toll highway with so little traffic that Sisson can’t recall ever tapping her brakes. Almost 19 miles of pavement with no one in her way. Ever. Not even at rush hour. “It’s not an empty wasteland,” said Sisson, 54, who owns a home inspection business with her husband. “But it’s certainly nowhere near the volume of the free roads in the area. . . . It’s nice, but then again, you’re paying for that...
  • End the Media Blackout on Gay Rapists

    11/28/2014 12:59:52 AM PST · by Cincinatus' Wife · 27 replies
    The American Thinker ^ | November 27, 2014 | Peter Heck
    "...while decades old rape accusations against a black TV star named Bill are given front page headlines,more credible rape allegations against a Southern white President of the United States named Bill are ignored and the victims are savaged in the press.Liberal politics,not people, matter to our evil media.That’s precisely why they rush to their cameras,microphones and keyboards when news breaks about a pedophile Catholic priest having his way with altar boys.Not because they care about the altar boys,but because they want to discredit the Catholic Church.If you doubt that fact,ask yourself why you haven’t heard much from the Mainstream Media...
  • Southern Democrats trying to recover lost ground

    11/27/2014 11:42:46 PM PST · by Cincinatus' Wife · 78 replies
    Houston Chronicle ^ | November 27, 2014 | BILL BARROW
    <p>ATLANTA(AP)—To rebuild in the conservative South, Democratic leaders say their party must become more aggressive advocates for the middle class in an effort to energize African-Americans and attract whites.</p> <p>After the Republicans' success in the midterm elections, many say the Democratic Party should openly embrace government as a tool for lifting people out of economic hardship. They are advocating a return to party roots by emphasizing education and public works spending, stronger voting rights laws, tighter bank regulation and labor-friendly policies such as a higher minimum wage.</p>
  • Feds won't ban pesticides said to kill honeybees, despite 800 studies

    11/27/2014 5:42:39 PM PST · by Tolerance Sucks Rocks · 65 replies
    The Washington Examiner ^ | November 26, 2014 | Paul Bedard
    Over 100 scientists worldwide, citing 800 studies, are demanding that the Obama administration follow Europe’s lead and put a moratorium on the use of a new-style pesticide blamed for the deaths of 30 percent of American honeybees every year. In a letter to the EPA and Agriculture Department, the scientists said there is overwhelming evidence from 800 studies that the pesticide family called neonicotinoids are to blame for the substantial declines in honeybees, bumblebees and butterflies, all pollinators needed to help farmers produce billions of dollars worth of food every year. “The 108 signers of this letter therefore urge you...
  • Why blacks are urging a Black Friday boycott

    11/27/2014 5:36:32 PM PST · by 2ndDivisionVet · 102 replies
    CNN ^ | November 27, 2014 | Soledad O'Brien and Rose Arce
    (VIDEO-AT-LINK)Once again, the streets are electric with anger after a white police officer evades charges for fatally shooting a black man. Sirens screech and wood batons push back marchers protesting from Missouri to New York to Los Angeles. This time the cadence of "No Justice, No Peace" has been replaced with "Hand's Up. Don't Shoot." But there was another sign raised above the crowd in a recent protest in New York: "Doing Nothing with Saying Nothing. Changes Nothing." The mathematics of this one are clear. Something's gotta give. A loose network led by African Americans in the film and arts...
  • Why Ferguson Should Matter to Asian-Americans

    11/27/2014 5:05:51 PM PST · by 2ndDivisionVet · 28 replies
    Time Magazine ^ | November 26, 2014 | Jack Linshi
    Ferguson isn’t simply black versus white. A peculiar Vine floated around social media Monday evening following the grand jury announcement in Ferguson, Mo. The short video shows an Asian-American shopkeeper standing in his looted store, with a hands-in-his-pockets matter-of-factness and a sad slump to his facial expression. “Are you okay, sir?” an off-screen cameraman asks. “Yes,” the storeowner says, dejectedly. The clip is only a few seconds, but it highlights the question of where Asian-Americans stand in the black and white palette often used to paint incidents like Ferguson. In the story of a white cop’s killing of a black...
  • Illegal immigrants could receive Social Security, Medicare under Obama action

    11/26/2014 2:40:04 AM PST · by SkyPilot · 43 replies
    Washington Post ^ | 15 Nov 14 | Karen Tumulty
    Under President Obama’s new program to protect millions of illegal immigrants from deportation, many of those affected will be eligible to receive Social Security, Medicare and a wide array of other federal benefits, a White House official said Tuesday. In his speech Thursday night, the president touted his plan as a means of bringing accountability to a broken immigration system, under which 11 million or more people are estimated to be living in this country illegally. “We’re going to offer the following deal: If you’ve with been in America more than five years. If you have children who are American citizens...
  • Oil prices in freefall as OPEC fails to agree output cut

    11/27/2014 3:06:00 PM PST · by TigerLikesRooster · 59 replies
    Fortune ^ | November 27, 2014 | Geoffrey Smith
    Oil prices in freefall as OPEC fails to agree output cut by Geoffrey Smith @Geoffreytsmith November 27, 2014, 11:31 AM EST Oil futures fall nearly 8% to their lowest in five years as Saudi Arabia tries to squeeze U.S. shale industry. Oil prices fell to their lowest level in over five years Thursday as the cartel that produces one third of the world’s output failed to agree on measures to tackle the current glut. In what had been billed as their most important meeting in decades, ministers from the Organization of Petroleum Exporting Countries agreed to keep their self-imposed output...
  • Ferguson: In Defense of Rioting (Time Magazine Defends Assault, Looting, and Vandalism)

    11/27/2014 12:00:33 PM PST · by Timber Rattler · 56 replies
    Time ^ | November 25, 2014 | Darlena Cunha
    The violent protests in Ferguson, Mo., are part of the American experience. Peaceful protesting is a luxury only available to those safely in mainstream culture. When a police officer shoots a young, unarmed black man in the streets, then does not face indictment, anger in the community is inevitable. It’s what we do with that anger that counts. In such a case, is rioting so wrong?
  • Chuck Schumer: Passing Obamacare in 2010 Was a Mistake

    11/27/2014 11:36:47 AM PST · by Timber Rattler · 19 replies
    The National Journal ^ | November 25, 2014 | Sarah Mimms
    Sen. Chuck Schumer upbraided his own party Tuesday for pushing the Affordable Care Act through Congress in 2010. While Schumer emphasized during a speech at the National Press Club that he supports the law and that its policies "are and will continue to be positive changes," he argued that the Democrats acted wrongly in using their new mandate after the 2008 election to focus on the issue rather than the economy at the height of a terrible recession.(snip) The third-ranking Senate Democrat noted that just about 5 percent of registered voters in the United States lacked health insurance before the...
  • Will President Obama’s Immigration Policy Hurt America’s Unemployed?

    11/27/2014 10:49:20 AM PST · by Kaslin · 34 replies
    Townhall.com ^ | November 27, 2014 | Paul Dykewicz
    resident Barack Obama tried to put a positive spin on his decision to issue an executive order to give several million illegal aliens clemency but his move also may have an unintended consequence of creating heightened job competition for America’s unemployed. Despite President Obama’s historic role as the country’s first African head of state, his new policy actually may hurt unemployed African Americans as much as any segment of the U.S. population. The addition of nearly 5 million people into the mainstream workforce to seek employment will increase competition for jobs and put downward pressure on wages, at least in...
  • Clavell Jackson: People of Color, Women Can’t Afford to Be Average

    11/27/2014 9:59:02 AM PST · by 2ndDivisionVet · 45 replies
    EURWeb ^ | November 27, 2014 | Clavell Jackson
    *I have previously written several articles about how most Americans are pretty clueless. The results of the last elections showed that. A lot of Americans stayed home, and people from states that depend heavily on government programs, such as food stamps, welfare and social security, elected Republicans — the very people who have said they plan to slash these programs. MIT professor Jonathan Gruber, the architect of Obamacare, caught flak for referring to American voters as stupid, but he is right. Bill Maher, who is known for his biting comedy, recently ran a video montage showing all the times...
  • Annoy a Liberal Today: Ask Them To Be Thankful

    11/27/2014 9:38:09 AM PST · by Kaslin · 10 replies
    Townhall.com ^ | November 27, 2014 | John Ransom
    On this Thanksgiving Day I am truly thankful.IÂ’m thankful for my son Liam, my dog Lexie, the best sister and brother a guy could have, plus their families, niece and nephews all. IÂ’m thankful that, for me at least, Christmas runs from Thanksgiving to Three Kings Day. IÂ’m thankful too for living in San Diego, on the ocean, and for having lived in Denver, Palm Beach, Washington, DC, and Chicago. IÂ’m thankful that I get to write for a living. IÂ’m the luckiest guy I know. When I was 14 I knew what I wanted to do with my life,...
  • Can Barbie Conquer China? (Mattel Tries To Crack China Market Again)

    11/27/2014 8:37:08 AM PST · by goldstategop · 27 replies
    BBC News ^ | 11/26/2014 | Ian Rose
    In 2013 Mattel brought Barbie back to the Chinese market. Only this time instead of clothes by Oscar De La Renta she had a violin and you could buy Barbie for the much more affordable price of $13 (Ł8.20). This year there was another launch - a "specialty" Barbie doll in the likeness of Chinese actress Fan Bingbing. Heralding the launch of the doll Mattel declared: "[Fan Bingbing's] collaboration with Barbie will give purpose and meaning to play and help ignite the spark inside girls across China to 'Shine Your Way'." So it's clear that Barbie has learnt that to...
  • Obamacare Architect Says Abortion is a Social Good

    11/27/2014 8:07:34 AM PST · by NYer · 36 replies
    Crisis Magazine ^ | November 27, 2014 | DUSTIN SIGGINS
    Over the last three weeks, MIT professor and Affordable Care Act (ACA) architect Jonathan Gruber has gone from being an academic, known mostly in policy circles, to the face of political dishonesty and manipulation. Gruber, who helped create and sell the ACA to the American people, has been caught on tape admitting—on multiple occasions—that the law was written to mislead the public.But that’s not all that he’s done. As originally reported by Jerome Corsi, Gruber is the author of at least two separate reports arguing that legalized abortion has tremendous social benefit. His work also provided some of the foundation...
  • The Commercialization of Thanksgiving—and So Much Else

    11/27/2014 8:00:42 AM PST · by NYer · 35 replies
    Crisis Magazine ^ | November 27, 2014 | JOHN M. GRONDELSKI
    Thanksgiving is rapidly competing with Christmas as a candidate holiday for the next cultural war. We know, of course, that December 25 is the holiday that dare not speak its name, having been transmogrified into “winter holiday” lest delicate ears be offended by “C-h-r-i-s-t-m-a-s.” Thanksgiving, so far, has managed to retain its name of religious origin (though we tend to speak publicly about what we are giving thanks for rather than to whom). The cultural war over Thanksgiving is being fought over: when can the sales begin?“Black Friday”—the day after Thanksgiving—has, over the years, become the unofficial launch of...
  • Consumers Unlikely To Increase Holiday Spending [Obama Loving Mainstream Media Ignores]

    11/27/2014 5:54:53 AM PST · by SoFloFreeper · 8 replies
    Live Trading News ^ | 11/24/14 | Shayne Hefernan
    More consumers report lower intended holiday spending in 2014 compared to 2013, according to the 15th annual holiday spending survey conducted by the Consumer Federation of America (CFA) and the Credit Union National Association (CUNA). This year, 10 percent said they would spend more while 33 percent said they would spend less. In 2013, 13 percent said they would spend more while 32 percent said they would spend less. The proportion who said they would spend less declined steadily from 55 percent in 2008 to 32 percent last year before rising slightly this year. (Consumers almost always spend more than...
  • How immigration killed the tax deal [Tax Filing in March?]

    11/27/2014 5:46:45 AM PST · by SES1066 · 15 replies
    Politico ^ | 11/26/14 | BRIAN FALER and RACHAEL BADE
    How could a major tax deal brokered by the top Senate Democrat die so quickly at the hands of a Democratic president?SnipUntil late last week, Senate Finance, Ways and Means and leadership met regularly and were making progress on the package of tax breaks known as tax extenders. The group of some 55-plus tax breaks have expired, and many lawmakers in both parties want to renew by the end of the year, amid warnings from the IRS that failing to act would disrupt the upcoming tax filing season. They include everything from a major business research credit to one for...
  • Economic and Religious Freedom: Mutually Reinforcing

    11/27/2014 2:49:24 AM PST · by Cincinatus' Wife · 5 replies
    American Thinker ^ | November 27, 2014 | Samuel Gregg
    If there is one thing we have learned over the past 6 years in the United States, it is the mutually reinforcing nature of different expressions of freedom. No form of freedom--religious, civil, political, or economic--is of course absolute. But unjust infringements (intentional or otherwise) on one freedom can easily result in damage being inflicted upon other spheres of freedom.This is indisputably true, for instance, of religious and political freedom. All totalitarian and most authoritarian regimes usually end up seeking to severely restrict religious liberty. Sometimes this is for ideological or religious reasons. Some religions, for instance, embody very weak...
  • Nearly 1 in 5 Households Will Celebrate Thanksgiving on Food Stamps

    11/26/2014 11:37:49 PM PST · by 2ndDivisionVet · 27 replies
    CNS News ^ | November 26, 2014 | Staff
    Nearly one in five U.S. households will celebrate Thanksgiving on food stamps this year, according to the latest data from the U.S. Department of Agriculture on participation in the Supplemental Nutrition and Assistance Program. Back in fiscal 2000, there were 106,061,000 households in the United States and, according to a USDA report published in November 2012, there was a monthly average of 7,335,000 households—or 6.9 percent—getting food stamps that year. As of this August, according to the most recent data released by USDA, there were 22,729,389 households on food stamps. That equaled 19.75 percent of 115,048,000 households in the country...
  • FDA Finalizes Menu Labeling Rules

    11/26/2014 10:28:43 PM PST · by Tolerance Sucks Rocks · 25 replies
    Townhall.com ^ | November 25, 2014 | Leah Barkoukis
    Thanks to the FDA’s calorie labeling regulations announced Tuesday, major changes will soon be coming to the food and restaurant industries. The regulation itself is nothing new; it became law in 2010 as a provision attached to the Affordable Care Act, but final rules were delayed for the past few years, thanks in large part to heavy opposition from grocery stores, pizza chains, vending machines, convenience stores, and movie theaters. Although some concessions were made, none of these industries were fully spared. By November 2015, these establishments will be forced to post calorie information on menus and menu boards, which...
  • AP: Surging Black Friday Sales Put Guns In Hands Of Wrong People

    11/26/2014 9:06:29 PM PST · by 2ndDivisionVet · 49 replies
    Breitbart's Big Journalism ^ | November 26, 2014 | AWR Hawkins
    Two days before Black Friday—a day that has come to be identified with record-breaking gun sales—the Associated Press is claiming that surging sales on November 28 will put guns in the hands of the wrong people. Even though the people who buy guns at retail stores go through a background check before doing so, the AP suggests the background check system we've had in place since the 1990s is too porous, allowing too many prohibited persons to buy a gun. According to the AP, "512 gun sales a day" take place to people who shouldn't be able to buy a...
  • Oath Keepers Guarding Businesses in Ferguson, Missouri: Calling on Volunteers to Assist

    11/26/2014 7:56:36 PM PST · by 2ndDivisionVet · 29 replies
    Oathkeepers ^ | November 25, 2014
    Calling all skilled veterans and patriots! We need your help in Ferguson, Missouri. Oath Keepers has a Security Team on the ground right now, in Ferguson, guarding businesses. That team is lead by local Oath Keepers, including retired Missouri police. last night, that team secured four local businesses after the riots erupted, and will do so again tonight, and as long as it takes, but they need your help! (See below for list of skills needed, and how to connect with the team).Little Caesars Pizza on Fire in Ferguson Last Night. More Arson ExpectedThe Oath Keepers Ferguson Security Team needs...
  • Berkeley prepares new cell phone radiation safety law

    11/26/2014 3:25:35 PM PST · by Oldeconomybuyer · 23 replies
    San Francisco Chronicle ^ | November 26, 2014 | By Emilie Raguso
    The city of Berkeley is considering whether to require local retailers to give out radiation-related safety sheets to cell phone customers who make a purchase. Customers could be advised not to hold or carry the phone near the body while using the device, and directed to consult the manual to learn the “recommended separation distance” between the phone and one’s body.
  • Footballer Sol Campbell tackles Labour MP over 'mansion tax'

    11/26/2014 11:31:37 AM PST · by Oldeconomybuyer · 8 replies
    BBC News ^ | November 26, 2014
    Former England footballer Sol Campbell has clashed with Labour MP Owen Smith over the party's proposed "mansion tax" on properties worth over Ł2m. Mr Campbell owned a Ł25m house in London and a "country pile" in Northumberland. But Owen Smith said his party was only asking people like Mr Campbell "to pay your fair share". He also told Daily Politics people who were "struggling" under this government would have "zero sympathy" for people who complained about having to pay the tax. Mr Owen said there was a "gross inequality between those who've got the most, like Sol", and those at...
  • U.S. Jobless Claims Rise To 313K

    11/26/2014 11:22:09 AM PST · by SeekAndFind · 14 replies
    Morningstar ^ | 11/26/2014
    WASHINGTON-The number of Americans seeking first-time jobless benefits leapt last week but remained at a level suggesting steady job growth. Initial jobless claims rose 21,000 to a seasonally adjusted 313,000 in the week ended Nov. 22, the Labor Department said Wednesday. Economists surveyed by The Wall Street Journal had expected 289,000 new claims. Updated figures put the prior week's level at 292,000, up from an initially reported 291,000. Last week's spike marked the first time since early September that new claims exceeded 300,000. Jobless claims are volatile, tending to fluctuate week to week. The four-week moving average of jobless claims,...
  • An Unexpected Jump In New Jobless Claims

    11/26/2014 11:12:06 AM PST · by John W · 33 replies
    etfdailynews.com ^ | November 26, 2014 | Doug Short
    In the week ending November 22, the advance figure for seasonally adjusted initial claims was 313,000, an increase of 21,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 291,000 to 292,000. The 4-week moving average was 294,000, an increase of 6,250 from the previous week’s revised average. The previous week’s average was revised up by 250 from 287,500 to 287,750. There were no special factors impacting this week’s initial claims.
  • This week’s OPEC meeting is the most important in years

    11/26/2014 9:00:12 AM PST · by Hojczyk · 3 replies
    The Washington Post ^ | November 25,2014 | Steven Mufson
    For most of the past four years, OPEC has had an easy time. The Organization of the Petroleum Exporting Countries hasn’t had to do much to keep oil prices over $100 a barrel. Disruptions in supply — most notably the Libyan civil war — and rising demand have kept the cartel’s coffers full. It has been, say Barclays’ commodities analysts, the culmination of OPEC’s “golden age.” Saudi Arabia, which has played the role of swing producer balancing the market, has not trimmed its output as it often has in the past, instead cutting prices to hang onto market share while...
  • Backers of Alaska gold mine win court battle with EPA

    11/26/2014 8:54:14 AM PST · by jazusamo · 49 replies
    Fox News ^ | November 26, 2014
    On-again, off-again plans for the world's largest gold and copper mine could be back on again, after a federal judge in Alaska issued a preliminary injunction blocking the Environmental Protection Agency from its ongoing efforts to bury the project. Pebble Partnership, the Canadian company behind the project, which would take place near Anchorage, claims the regulatory agency has conspired illegally with opponents of the mine to devise scientific and environmental justifications for blocking it. Salmon fishermen in Washington state and Alaska, Native American groups and environmental organizations have opposed the massive project for several years, and had appeared to have...
  • Applications for US jobless aid jump to 313,000

    11/26/2014 8:40:08 AM PST · by SoFloFreeper · 13 replies
    ap/yahoo ^ | 11/26/14 | CHRISTOPHER S. RUGABER
    The number of people seeking U.S. unemployment benefits jumped last week, pushing total applications above 300,000 for the first time in nearly three months. Weekly applications rose 21,000 to a seasonally adjusted 313,000, the Labor Department said Wednesday. That's the highest level since the first week of September.
  • How Governments Destroy Cities

    11/26/2014 8:19:31 AM PST · by Academiadotorg · 13 replies
    Accuracy in Academia ^ | November 25, 2014 | Malcolm A. Kline
    Academics have long vexed over urban studies, putting the flight out of major cities down to everything from technology to racism. Yet and still, in the last half century, “some cities were not declining despite these immutable forces and some cities turned around despite these forces,” Stephen J. K Walters pointed out in a seminar on November 20, 2014 at the Cato Institute. Walters is an economist at Loyola University in Baltimore. “If you want a healthy city, secure the property rights that go with capital,” Walters advised. One way of doing so is through tax cuts. When California voters...
  • Obamacare offers U.S. firms $3,000 incentive to hire illegals over native-born workers

    11/25/2014 6:35:39 PM PST · by Nachum · 20 replies
    washington times ^ | 11/25/14 | Stephen Dinan
    <p>Under the president's new amnesty, businesses will have a $3,000-per-employee incentive to hire illegal immigrants over native-born workers because of a quirk of Obamacare.</p> <p>President Obama's temporary amnesty, which lasts three years, declares up to 5 million illegal immigrants to be lawfully in the country and eligible for work permits, but it still deems them ineligible for public benefits such as buying insurance on Obamacare's health exchanges.</p>
  • Astronaut Mark Kelly talks watches at South Coast Plaza

    11/26/2014 7:24:18 AM PST · by rktman · 29 replies
    ocregister.com ^ | 11/23/2014 | LEONARD ORTIZ
    The former Space Shuttle and combat pilot lends his credibility to Breitling’s timepieces.