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Business/Economy (News/Activism)

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  • NYU Medical School Plans Free Tuition For Those Studying To Be Doctors

    08/20/2018 12:28:49 PM PDT · by aspasia · 34 replies
    npr ^ | aug 17, 2018 | JAMES DOUBEK
    In a move it said was to address the large cost of entering a career in medicine, New York University's School of Medicine said Thursday that it will offer full scholarships to all current and future students in its doctor of medicine program.
  • ATF study reveals where criminals in Baltimore are getting their guns

    08/20/2018 11:11:29 AM PDT · by rktman · 24 replies
    hotair.com ^ | 8/20/2018 | Jazz Shaw
    Thousands of guns recovered in Maryland last year traced back to 49 states, but the largest portion of firearms was bought locally… ATF agents were able to determine where nearly 5,900 of the firearms were sold, according to a new analysis by the ATF, which publishes the findings of its gun traces each year. Some 47 percent were bought in Maryland, the ATF found. Virginia ranked second and supplied about 15 percent of the guns. Pennsylvania came third with nearly 7 percent. Some firearms were bought as far away as Texas (101 guns) and California (46 guns).
  • Protester Hopes To Stop Pipeline Construction By Camping In Woods And Wearing A Red Dress

    08/20/2018 10:12:55 AM PDT · by rktman · 25 replies
    dailycaller.com ^ | 8/20/2018 | Jason Hopkins |
    The Bayou Bridge Pipeline, a major crude oil pipeline operated by Energy Transfer Partners, is near completion in southern Louisiana. “We’re working to stop them from constructing the pipeline,” Babyface explained. None of it appeared to faze Babyface, a man who was wearing a bright red dress with snake boots. He was there for a cause: to stop the completion of the Bayou Bridge Pipeline. Numerous protesters just like him have been camping in the Atchafalaya Basin for months in their attempt to prevent work on the pipeline. A predominant strategy of the protesters is to physically stand in the...
  • Venezuela pegging its economic recovery to a cryptocurrency that’s widely considered a scam

    08/20/2018 10:09:35 AM PDT · by NRx · 51 replies
    CNBC ^ | 08-20-2018 | Kate Rooney
    Venezuela is doing something completely unprecedented. Some even say illegal. As part of an attempt to stop skyrocketing inflation, the country is issuing a new fiat currency called the "sovereign bolivar," which will be backed by a cryptocurrency. But that cryptocurrency, called the "petro," does not trade, and Venezuela's own parliament says it's being illegally used to mortgage the nation's cash-strapped oil reserves. "This is a smoke-and-mirrors operation typical of Venezuela — I'll believe it when I see it," said Steve Hanke, professor of applied economics at Johns Hopkins University and one of the world's leading experts on hyperinflation. "The...
  • Trump changes US policy: 'Conserving oil no longer an economic imperative'

    08/20/2018 10:06:43 AM PDT · by rktman · 58 replies
    americanthinker.com ^ | 8/20/2018 | Thomas Lifson
    In terms of its effect on the lives of Americans, as well as the economy, the change of U.S. policy announced by the Trump administration last month to almost no media attention is a big deal. Ellen Knickmeyer of the Associated Press picked up on it belatedly: Conserving oil is no longer an economic imperative for the U.S., the Trump administration declares in a major new policy statement that threatens to undermine decades of government campaigns for gas-thrifty cars and other conservation programs.
  • MyPillow CEO Mike Lindell : Support for Trump Remains Firm Despite 'All the Attacks'

    08/20/2018 9:33:33 AM PDT · by SeekAndFind · 29 replies
    PJ Media ^ | 08/12/2018 | Nicholas Ballasy
    Michael Lindell, founder and CEO of MyPillow, told PJM that President Trump’s economic policies are working and brushed off suggestions that his pillow sales might slump due to his public backing of the president. Lindell, who appears in infomercials to promote his pillow, joined Trump on a “Made in America Panel” with business leaders at the White House last July. “I would not want anyone in this country to be my president other than him. I talked to his employees and it's like talking to my employees, so I went all in. My company was already doing great but now...
  • South Africa farm seizures BEGIN: Chaos as first expropriation of white-owned farms starts

    08/20/2018 8:35:31 AM PDT · by Red Badger · 101 replies
    www.express.co.uk ^ | PUBLISHED: 09:41, Mon, Aug 20, 2018 | UPDATED: 11:23, Mon, Aug 20, 2018 | By Paul Withers
    Johannesburg-based newspaper City Press reported owners Akkerland Boerdery wanted 200 million rand (Ł16.7m) for the land, but that the country’s government were willing to offer them just a tenth of that at 20 million rand (Ł1.67m). A letter sent to the owners earlier this year had said: “Notice is hereby given that a terrain inspection will be held on the farms on April 5, 2018 at 10am in order to conduct an audit of the assets and a handover of the farm’s keys to the state.” Akkerland Boerdery immediately took out an urgent injunction to prevent eviction until a court...
  • Trumponomics Makes 401(k) Millionaires Like The Swiss Make Chocolates

    08/20/2018 8:31:50 AM PDT · by SeekAndFind · 18 replies
    IBD ^ | 08/21/2018
    It was a little report, one you might easily have missed, from the people at Fidelity Investments: The number of people with more than a million dollars in their 401(k) is soaring. Bad news for the economics of envy. Fidelity says that the number of people at the end of the second quarter with a million dollars or more in their Fidelity 401(k) surged by 50,000 to 168,000, a 42% gain. Fidelity has 16.1 million 401(k) accounts under management, with an average balance of $104,000, up 6.4% from a year ago. "Individuals are increasing their savings rates, they're taking advantage...
  • Apple Reportedly Yanked 25,000 Apps From Its China App Store

    08/20/2018 7:27:53 AM PDT · by Enlightened1 · 2 replies
    CNBC ^ | 08/20/18 | Saheli Roy Choudhury
    Points Apple has reportedly removed around 25,000 illegal apps in China, the Wall Street Journal reported, citing state broadcaster CCTV. According to a weekend report from CCTV, the apps that were removed sold fake lottery tickets and offered gambling services. Apple told CNBC that gambling apps are illegal and not allowed on the App Store in China. Apple has reportedly pulled thousands of illegal apps from its App Store in China, The Wall Street Journal reported on Monday. The iPhone-maker removed around 25,000 apps from the platform, according to the Journal, which cited state broadcaster CCTV. Those apps would...
  • South Africa begins seizing white-owned farms

    08/20/2018 7:17:07 AM PDT · by Red Badger · 115 replies
    www.news.com.au ^ | August 20, 20187:19pm | Frank Chung
    THE South African government has begun the process of seizing land from white farmers. Local newspaper City Press reports two game farms in the northern province of Limpopo are the first to be targeted for unilateral seizure after negotiations with the owners to purchase the properties stalled. While the government says it intends to pay, owners Akkerland Boerdery wanted 200 million rand ($18.7 million) for the land — they’re being offered just 20 million rand ($1.87 million). “Notice is hereby given that a terrain inspection will be held on the farms on April 5, 2018 at 10am in order to...
  • Trump's policies could enable America's economy to outpace China's

    08/20/2018 12:12:47 AM PDT · by 2ndDivisionVet · 21 replies
    Fox News ^ | August 18, 2018 | Steven W. Mosher
    The great engine of American capitalism is once again firing on all cylinders, as shown by the 4.1 percent annualized growth of America’s gross domestic product (GDP) in the second quarter of this year. Most Americans (with the exception of Democrats in Congress) are celebrating the good economic news. There is quiet rejoicing in many European and Asian capitals as well, since their mostly sluggish economies will now be drawn along in America’s powerful wake. But there is one capital where the American economic renaissance is definitely not welcome news. Consternation reigns in China, where President Xi Jinping is nervously...
  • Xi risks losing face in a trade war with Trump

    08/19/2018 11:30:26 AM PDT · by Eddie01 · 29 replies
    nikkei ^ | July 09, 2018 | Minxin Pei
    Minxin Pei With the imposition of 25% tariffs on $68 billion worth of their merchandise trade ($34 billion of exports each), the U.S. and China have fired the first salvos of their trade war. If one were to borrow a military analogy, the first round of the U.S.-China trade war is either a skirmish or a probing attack, as the amount of the two-way merchandise trade affected by the tariffs is about only 10% of the total U.S.-China trade. But everyone knows that the main battle will be joined soon. Besides the additional $32 billion merchandise trade targeted for punitive...
  • Louisiana AG: We’re Not Going to Let Corporations Restrict ‘Ability to Legally Access Firearms

    08/19/2018 10:49:23 AM PDT · by rktman · 9 replies
    breitbart.com ^ | 8/18/2018 | AWR Hawkins
    During the August 18, 2018, airing of Breitbart News Saturday, Louisiana Attorney General Jeff Landry explained that he chose, in part, to withhold $600 million from Citigroup and Bank of America because they are “trying to become the social police.” On August 16, 2018, Breitbart News reported Landry’s decision to withhold the $600 million, a decision shared by the Louisiana Bond Commission and State Treasurer John Schroder. The decision to withhold the money came after Citigroup and Bank of America each unilaterally placed gun control demands on their customers, going so far as to stipulate that bank-sponsored gun regulations had...
  • Why San Francisco is joining Valley farmers in a fight over precious California water

    08/19/2018 10:03:58 AM PDT · by Mariner · 16 replies
    The Sacramento Bee ^ | August 19th, 2018 | By Dale Kasler And Ryan Sabalow
    MODESTO - Originating in a glacier at the eastern edge of Yosemite, the Tuolumne River runs into a man-made roadblock in the towering granite cliffs of the Hetch Hetchy Valley. A massive concrete dam captures its icy water and ships much of it through pipes and tunnels to the residents of San Francisco. Further downstream, the Tuolumne is halted again, this time by a dam in the oak-covered Sierra foothills. From there, a network of canals spreads the Tuolumne’s waters over mile after mile of rich San Joaquin Valley vineyards, orchards and dairy farms. The meager amounts left in the...
  • IS TRUMP WINNING AGAIN?

    08/18/2018 6:37:17 PM PDT · by Hojczyk · 21 replies
    Powerline ^ | August 18,2018 | STEVEN HAYWARD
    Back in June Paul and I both noted the view of economist Irwin Stelzer, who is no fan of Trump, that Trump might in fact win a trade war with China, because Trump has the better poker hand. And I concluded, “File this one away for further reference.” Well lookie here, on the front page of the Wall Street Journal today: U.S., China Plot Road Map to Resolve Trade Dispute by November Chinese and U.S. negotiators are mapping out talks to try to end their trade standoff ahead of planned meetings between President Trump and Chinese leader Xi Jinping at...
  • Despite What Chelsea Clinton Says, Abortion Hurts The Economy

    08/18/2018 5:19:54 PM PDT · by SeekAndFind · 37 replies
    The Federalist ^ | 08/18/2018 | Juliana Knot
    Chelsea Clinton claimed that legalizing abortion has helped add an additional $3.5 trillion to the American economy on Saturday. At a #RiseUpforRoe event in New York, Clinton and other pro-choice women rallied against Brett Kavanaugh’s confirmation to the Supreme Court.The #RiseUpforRoe movement, which is sponsored by NARAL and Planned Parenthood’s PAC, started promptly after President Trump announced his decision to nominate Kavanaugh to the Supreme Court. Their Twitter bio reads, “It’s time to get maximum hysterical,” and they claim that “The right to a safe, accessible and legal abortion has never been at greater risk since Roe was decided.”Although...
  • Debunking Socialist Myths: 90 Percent Of Scandinavia’s Wealth Is Privately Owned

    08/18/2018 5:17:13 PM PDT · by SeekAndFind · 14 replies
    The Federalist ^ | 08/18/2018 | By Giancarlo Sopo
    By Giancarlo SopoAugust 17, 2018 I woke up early one recent morning, scanned the news, and stumbled upon a tweet praising an “informative and fun podcast episode” that promised to set the record straight on Scandinavian socialism. Having read a decent amount about the Nordic model, I was curious to see what kind of wisdom Matt and Elizabeth “Liz” Bruenig, of the People’s Policy Project and Washington Post, respectively, had in store.After a light-hearted intro, Liz began with “Norway is not socialist?” alluding to a recent Forbes article that contradicted claims that Scandinavia is a socialist paradise. This prompted...
  • U.S. Steel to invest $750 million to revitalize flagship Gary plant in wake of Trump tariffs

    08/18/2018 1:11:54 PM PDT · by John W · 39 replies
    Chicago Tribune ^ | August 16, 2018 | Robert Chsnnick
    U.S. Steel announced Thursday that it is investing $750 million to revitalize its flagship Gary plant to gear up for increased demand in the wake of President Donald Trump’s tariffs on imported steel. The company said the investment will make “significant upgrades” to increase efficiencies at the 110-year-old Northwest Indiana plant, which is U.S. Steel’s largest, employing 3,800 workers.
  • Why Silicon Valley is Killing Free Speech

    08/18/2018 8:32:09 AM PDT · by Louis Foxwell · 34 replies
    FrontPageMag ^ | August 17, 2018 | Daniel Greenfield
    Why Silicon Valley is Killing Free Speech Control leads to censorship. August 17, 2018 Daniel Greenfield Daniel Greenfield, a Shillman Journalism Fellow at the Freedom Center, is an investigative journalist and writer focusing on the radical left and Islamic terrorism In one survey, 75% of tech entrepreneurs voted for Hillary Clinton. 8.8% voted for Trump. 83% back higher taxes, 82% support gun control and another 82% are in favor of socialized medicine. Google, Microsoft, Apple and Amazon employees were 4 out of 5 of Bernie Sanders’ top donors. Cash from Google, Facebook, Amazon and Microsoft poured into the Clinton campaign....
  • HOW THE LEFT IS OUTSOURCING CENSORSHIP OF THE INTERNET

    08/18/2018 5:58:02 AM PDT · by SES1066 · 48 replies
    Powerline ^ | AUGUST 17, 2018 | John Hinderaker
    Unfortunately, most political conversation these days occurs not on the “free” internet, where independent sites like Power Line reside, but rather on social media–Facebook, Twitter, YouTube and so on. Other players include Google (in its search capacity), Apple, Pinterest, Spotify, etc. Happily–if you are a leftist–all of these tech companies are run by liberals. And because they are private companies, they are not constrained by the First Amendment. They can restrict or ban conservative communications on the ground that they are “hate speech,” or on no grounds whatsoever, with impunity.