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Business/Economy (News/Activism)

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  • French 75 pct tax rate would last years -Hollande aide

    04/13/2012 5:47:17 PM PDT · by TigerLikesRooster · 20 replies
    Reuters ^ | 04/10/12
    French 75 pct tax rate would last years -Hollande aide PARIS, April 10 | Tue Apr 10, 2012 11:26am EDT (Reuters) - The 75 percent tax rate that French presidential frontrunner Francois Hollande wants to slap on income over 1 million euros will be kept in place for many years, in line with the broader debt reduction effort, a top adviser to the Socialist candidate said on Tuesday. In an interview with Reuters, Hollande adviser Michel Sapin said the 75 percent rate was more a symbolic measure than a big moneyspinner for the state but should stay in place for...
  • Judge:Gov't cannot require union posters at work

    04/13/2012 5:38:23 PM PDT · by mdittmar · 6 replies
    TuscaloosaNews.com ^ | April 13, 201 | SAM HANANEL Associated Press
    A federal judge ruled Friday that the National Labor Relations Board cannot require millions of private employers to put up posters informing workers of their right to form a union. U.S. District Judge David Norton in South Carolina said the labor board exceeded congressional authority when it approved the poster requirement last year.The decision Friday conflicts with a ruling last month by another federal judge in Washington, D.C., who found the posters were a reasonable means to make workers aware of collective bargaining rights.Both lawsuits were brought business groups that claim the posters are too one-sided in favor of unions....
  • Obama Has No Real Plan Other Than Class Warfare

    04/13/2012 5:23:06 PM PDT · by Kaslin · 26 replies
    IBD Editorials ^ | April 13, 2012 | MARK STEYN
    In the end, free societies get the governments they deserve. So, if the American people wish to choose their chief executive on the basis of the "war on women," the Republican theocrats' confiscation of your contraceptives or whatever other mangy and emaciated rabbit the Great Magician produces from his threadbare topper, they are free to do so, and they will live with the consequences. This week's bit of ham-handed misdirection was "the Buffett Rule," a not-so-disguised capital-gains tax hike designed to ensure that Warren Buffett pays as much tax as his secretary. If the alleged Sage of Omaha is as...
  • iPhone app projects user household tax payments for federal deficit

    04/13/2012 4:31:30 PM PDT · by Eyes Unclouded · 7 replies
    Daily Caller ^ | 04/12/2012 | Staff
    U.S. taxpayers can now use their iPhone to compare how much different plans to tackle the federal deficit would cost them in their yearly income taxes. Debt Bomb — based on the U.S. tax code and publicly available data from the Congressional Budget Office and other government sources — allows users to project how a raise in taxes would cost in their personal income taxes over the years. In order to make a projection, users input basic income tax data — modeled after what a household pays in taxes — into the app. “Debt is going to be one of...
  • Podcast: I Spy Minute - The role of Speculation: Oil & Gas

    04/13/2012 4:25:16 PM PDT · by greenwill · 1 replies
    I Spy Salem ^ | 04/14/2012 | ISpyOnSalem
    What do money markets, antiques, gold, corn, wheat, and stocks in companies like Google or Apple have in common? They’re bought by speculators.
  • EDITORIAL: Obama’s tax hike patriotism

    04/13/2012 3:53:31 PM PDT · by jazusamo · 6 replies
    Washington Times ^ | April 12, 2012 | Editorial
    Wrapping the flag around big-government excess isn’t going to workVice President Joe Biden says paying higher taxes is patriotic. He must have forgotten that America was founded on a tax revolt. While pitching the Obama administration’s plan on Thursday to boost the burden on upper-income groups, Mr. Biden said, “Wealthy people are just as patriotic as middle-class people, as poor people, and they know they should be doing more.” This skewed take on patriotism was quickly retweeted by the White House. The message fits with the shameful class-warfare appeals that claim tax hikes are needed to keep firefighters on the...
  • Addressing Climate Change through Diet

    04/13/2012 3:18:09 PM PDT · by Oldeconomybuyer · 24 replies
    Voice of America ^ | April 13, 2012 | by Joe DeCrapua
    A new study says one of the best ways to curb greenhouse gas emissions is to eat less meat. In fact, the study says meat consumption in the developed should be cut by 50 percent per person by 2050. Dr. Eric Davidson said changing how people eat can have a dramatic effect on greenhouse gas emissions. People in developed countries, he said, already eat much more protein than the daily minimum requirement. Davidson looked for ways to ease the effects of climate change that would support an aggressive strategy laid out by the Intergovernmental Panel on Climate Change. In particular,...
  • DOL forcing media to use government computers ( unemployment numbers)

    04/13/2012 2:18:27 PM PDT · by Hojczyk · 15 replies
    The Washington Examiner ^ | April 13,2012 | Mark Tapscott
    Unrest is simmering in some quarters of the Washington news universe regarding changes in the way the Department of Labor (DOL) manages its pre-release media “lockups” on sensitive data like weekly jobless benefits and unemployment. For years, journalists participating in the lockups have shown up at DOL at the appointed time, then entered a limited-access area to receive the new data and prepare news stories for release as soon as official embargoes end. But Carl Fillichio, Labor Secretary Hilda Solis’ top communications advisor, circulated a memo earlier this week to interested media informing them that everybody is being required to...
  • Buffett Rule Doesn't Apply to Obama

    04/13/2012 1:14:25 PM PDT · by Kaslin · 6 replies
    Townhall.com ^ | April 13, 2012 | Kate Hicks
    No wonder President Obama is so keen on passing the Buffett Rule -- it wouldn't have affected his tax rate this year! Yes, that's right: the Obamas raked in less than $1 million this year. Therefore, in a "Buffett Rule" world, they wouldn't have to pay their "fair share." President Obama earned $789,674 in 2011, the White House announced on Friday. However, with this income, he does not even qualify for the so-called Buffett Rule that he has promoted relentlessly and the Senate will take up on Monday. The Buffett Rule calls for those making over $1 million a year...
  • Most Albertson's In Central Fla. To Close

    04/13/2012 10:42:17 AM PDT · by sheikdetailfeather · 28 replies
    ORLANDO, Fla. -- A Central Florida supermarket chain is about to close almost all of its local stores. It's part of a move by Albertson's to end the majority of its operations in the state. For the last year or so, Albertson's has been shrinking the number of stores it operates in Florida. In Central Florida, six more stores are going to close in the next few weeks. Only a store in Altamonte Springs will remain open. Albertson's says the Florida market is not good for it, and with fuel and utility costs being what they are, it's closing all...
  • Has the Trayvon Martin incident become more about the media than the shooting?

    04/13/2012 9:00:26 AM PDT · by marktwain · 12 replies
    qando.net ^ | 9 April, 2012 | Bruce McQuain
    If you’ve been following this incident at all, you know that much of what was initially reported was wrong and some of what has been reported since was false, manufactured and/or misleading. American Thinker has a good round up of the story to this point. In the article, Jeff Lipke outlines the “myth” as it was perpetrated by the media. The two worst offenders in my opinion have been NBC and ABC. NBC aired an edited 911 tape which was clearly meant to depict George Zimmerman as a racist. They continue to try to defend it as a “mistake”. No...
  • Obama, Scott both at Tampa airport Friday

    04/13/2012 8:59:18 AM PDT · by SoFloFreeper · 3 replies
    Friday afternoon could be busy at Tampa International Airport with President Obama making a stop there on his way to Colombia for the Summit of the Americas and Florida Gov. Rick Scott performing his eighth work day there. In his second visit to Florida in three days, Obama will make an appearance Friday afternoon at the Port of Tampa, where he is expected to announce trade initiatives with Latin America, pegged to the summit. The stop is not open to the public. On Tuesday, Obama spoke to a crowd of 4,500 at Florida Atlantic University in Boca Raton and attended...
  • Remington responds to NBC hit piece

    04/13/2012 8:39:38 AM PDT · by smokingfrog · 72 replies
    Daily Caller ^ | 12 April 2012 | unattributed
    From Remington Arms to The Daily Caller NBC continues to attack Remington and the firearms industry through sensational and factually inaccurate reporting. On April 11, 2012, Brian Williams again demonstrated NBC’s anti-gun agenda with the claim that the Model 870, Model 1100 and other Remington firearms have a design flaw. That claim is demonstrably false and Remington stands fully behind the safety and reliability of the most popular shotguns in the world. It wasn’t enough for NBC to attack over 20 million Remington firearms; they also called the Second Amendment into question by suggesting that there is a need for...
  • Morning Bell: The Internet Taxes that Could Be Coming

    04/13/2012 8:05:58 AM PDT · by SumProVita · 23 replies
    The Foundry ^ | April 12, 2012 | Mike Brownfield
    If you’ve ever bought anything on the Internet, over the phone, or from a catalog, you might have noticed that when you buy from some stores, you don’t pay any state sales tax, but if you buy from other stores, you do. That’s because a Supreme Court decision protected out-of-state businesses from revenue-hungry states. But a new bill working its way through Congress would change all that, turning every online retailer into a sales tax collector. And that’s legislation Congress should reject.
  • Analysis: Obama's "green jobs" have been slow to sprout

    04/13/2012 7:53:12 AM PDT · by Oldeconomybuyer · 6 replies
    Reuters ^ | April 13, 2012 | by Andy Sullivan
    ...Three years after Obama launched a push to build a job-creating "green" economy, the White House can say that more than 1 million drafty homes have been retrofitted. But the millions of "green jobs" Obama promised have been slow to sprout, disappointing many who had hoped that the $90 billion earmarked for clean-energy efforts in the recession-fighting federal stimulus package would ease unemployment - still above 8 percent in March. Supporters say the administration over-promised on the jobs front and worry that a backlash could undermine support for clean-energy policies in general. "All of this stuff is extraordinarily worthy for...
  • Obama Peddles Myths About High Gas Prices

    04/13/2012 7:26:24 AM PDT · by IBD editorial writer · 15 replies
    Investor's Business Daily ^ | 04/12/2012 | IBD Staff
    Energy: To hear President Obama talk about energy, you'd think annual oil price spikes were routine and predictable. But it's another energy myth Obama peddles to avoid responsibility for high gas prices. In February, Obama lamented these "gas price spikes that happen every year." A few days later, he talked about the need to "take control of our energy future" so we could "avoid high gas prices every single year." For Obama, this is a convenient excuse. After all, price spikes can't possibly be his fault, since they happen "year after year." Except it's not true.
  • Obama regs to cut 7 mil car buyers out of market

    04/13/2012 7:23:53 AM PDT · by SumProVita · 31 replies
    The Examiner - Beltway Confidential ^ | April 12, 2012 | Conn Carroll
    The Corporate Average Fuel Economy (CAFE) regulations that President Obama announced last summer will make it impossible for 7 million lower income consumers to buy a new car according to a National Automobile Dealers Association (NADA) study released today. “While you can mandate what automakers must build, you can’t dictate what customers will buy, nor can you dictate if a bank will make a loan,” New Mexico Ford dealer Don Chalmers said today.
  • Stay At Home Moms

    04/13/2012 6:47:14 AM PDT · by Kaslin · 14 replies
    Townhall.com ^ | April 13, 2012 | Jeff Carter
    Yesterday, Ann Romney was attacked by the left wing for being a stay at home mom. I think this is crazy. Over the years, I have witnessed left wing working mom’s smugness. My wife is a stay at home mom. Some people think that we live in the dark ages. However, for us it was a conscious choice. We had long conversations about it. Our first child was born in 1991. At the time, my wife was a salesperson with Ortho Phara. Prior to that job, she worked at Advanced Care Products where she was one of the top salespeople...
  • Mike and Ike Are Getting a Gay Divorce [Now Candy Makers are Perverting Their Product?]

    04/13/2012 6:46:02 AM PDT · by SoFloFreeper · 35 replies
    OC Weekly ^ | 4/12/12 | Michelle Woo
    In the realm of celebrity divorce news, this one is a true shocker. Mike and Ike--yes, the dudes of capsule-shaped candy fame--are headed for Splitsville. I know, right?They seemed so happy. Or, at least, chewy. Who will get strawberry and who will get lime? The break-up is a marketing campaign to get young people to start talking about the once-popular candy again. Apparently, the couple is headed in two different directions--Mike wants work on his music and Ike rather work on his art. New packaging has logos with either "Mike" or "Ike" scribbled out with what looks like a black...
  • Buffett Tax Hype- Use Our Interactive Graph to See Hype for Yourself

    04/13/2012 6:25:41 AM PDT · by Kaslin · 1 replies
    Townhall.com ^ | April 13, 2012 | Mike Shedloch
    Given all the hype from President Obama and Warren Buffet on "fair tax rates" (see Obama evokes Reagan in Touting Buffett Rule), inquiring minds are asking the critical question: Does the US have a spending problem or a tax problem? Rather than offer my own opinion, I will let you make the call. You can set whatever tax rate you want for the "Buffett Rule" all the way up to a tax rate of 100% on the following interactive Tableau display. GRAPHING THE BUFFETT EFFECT or is AFFECT? Thanks to Ross Perez at Tableau Software for the above interactive map....