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Business/Economy (News/Activism)

Brevity: Headers | « Text »
  • EU: Greece to shut down as unions hold 48-hour general strike

    11/06/2012 12:28:50 AM PST · by bruinbirdman · 1 replies
    France 24 ^ | 11/6/2012
    Unions in Greece began a 48-hour walk-out on Tuesday in protest against the latest raft of anti-austerity measures, due to be put before the country's parliament on Wednesday. Greece’s unions are holding their third general strike in six weeks in the hope of persuading politicians not to back a major new austerity program that will commit the country to further hardship. Flights will stop between 10:00 a.m. and 1:00 p.m. (0800-1100GMT) Tuesday, at the start of a 48-hour strike that will close schools, halt train and ferry services, and keep hospitals running on emergency staff only. Two days of demonstrations...
  • EPA's Insanely Ambitious Agenda If Obama Is Reelected

    11/06/2012 12:20:20 AM PST · by WhiskeyX · 8 replies
    Forbes ^ | 11/04/2012 | Larry Bell, Contributor
    If you think the Obama administration’s Enterprise Prevention Agenda has been wildly aggressive during the past four years, believe me, we really ain’t seen nothin’ yet. A new report released by the U.S. Senate Committee on Environment and Public Works Minority Committee enumerates a slew of planned EPA regulations that have been delayed or punted on until after the election that will destroy millions of American jobs and cause energy prices to skyrocket even more.
  • New York state asks Washington (DC) to cover all storm costs

    11/05/2012 10:40:02 PM PST · by Olog-hai · 10 replies
    Reuters ^ | Wed Oct 31, 2012 7:37pm EDT | Edith Honan and Susan Cornwell
    New York state on Wednesday asked the U.S. federal government to pay all the costs of cleaning up and repairing damage from massive storm Sandy that tore through the Northeast this week and crippled New York City. Governor Andrew Cuomo said he is asking fellow Democrat, President Barack Obama, to pay 100 percent of the estimated $6 billion bill, at a time that state and local government budgets remain constrained by a weak economic recovery. … New York top finance official, Comptroller Thomas DiNapoli, said Washington should foot the bill, because of lingering financial pressures on state and local governments...
  • Debt Ridden NYT Squeezing Writers, Golden Parachuting CEOs (Beginning of the End for the Slimes)

    11/05/2012 8:50:45 PM PST · by lbryce · 15 replies
    Jewish Press ^ | Novmber 4, 2012 | Lori Lowenthal Marcus
    Remember how the NYT lionized the Occupy Wall Street vigilantes? What a shock to learn about the barrels-full of money it has thrown at its own bigwigs. Is it time to say kaddish for the New York Times? Investors in the paper may already be doing so. The last time they received a dividend was in late 2008. The NYT, considered by many to be the global paper of record, has incurred more than $300 million in net losses since 2005, and its advertising revenues have been declining for five consecutive years. In fact, the paper’s own financial report...
  • Re-elected Obama would push quickly for fiscal deal: party aides

    11/05/2012 7:02:58 PM PST · by Oldeconomybuyer · 25 replies
    Reuters ^ | November 5, 2012 | by Thomas Ferraro
    (Reuters) - If President Barack Obama wins re-election, he's expected to move quickly, perhaps within a day, to renew his bid for a bipartisan deal to avert a "fiscal cliff" that threatens to push the United States into recession, top Senate Democratic aides said on Monday. A victorious Obama could reach out to Republicans as early as Wednesday and pledge that, with the election decided, it's time to find common ground to deal with the year-end expiration of Bush-era tax cuts and the launch of automatic spending cuts that would suck $600 billion out of the economy in 2013. "He...
  • EPA grants 16 states clean gas waivers after Sandy

    11/05/2012 6:23:18 PM PST · by lyby · 10 replies
    The Miami Herald ^ | Wednesday, 10.31.12 | JOSH LEDERMAN
    The Obama administration is temporarily waiving some Clean Air Act requirements in 16 states and the District of Columbia to reduce fuel disruptions from Superstorm Sandy. Environmental Protection Agency Administrator Lisa Jackson says in a letter to governors that extreme circumstances related to Sandy will prevent enough gasoline from reaching consumers.
  • Sheldon G. Adelson: I Didn't Leave the Democrats. They Left Me

    11/05/2012 5:40:30 PM PST · by oblomov · 3 replies
    WSJ ^ | 4 Nov 2012 | Sheldon Adelson
    When members of the Democratic Party booed the inclusion of God and Jerusalem in their party platform this year, I thought of my parents. They would have been astounded. The immigrant family in which I grew up was, in the matter of politics, typical of the Jews of Boston in the 1930s and '40s. Of the two major parties, the Democrats were in those days the more supportive of Jewish causes. Indeed, only liberal politicians campaigned in our underprivileged neighborhood. Boston's Republicans, insofar as we knew them, were remote, wealthy elites ("Boston Brahmins"), some of whose fancy country clubs didn't...
  • EU: IMF warns over-taxed France risks slipping behind Italy and Spain

    11/05/2012 5:32:00 PM PST · by bruinbirdman · 5 replies
    The Telegraph ^ | 11/5/2012 | Ambrose Evans-Pritchard
    The International Monetary Fund has told France to take urgent measures to head off national economic decline, warning that the country risks being left behind as southern Europe embraces reform. François Hollande Throwing the guantlet at the feet of the Socialist president Francois Hollande, the IMF said rising tax rates are undermining France as a place "to work and invest" and leading to a "significant loss of competitiveness". "There is a risk it will get worse if France does not adapt at the same pace as its trading partners in Europe, notably Italy and Spain," it said. The IMF challenge...
  • The financial crisis can't explain the current slow recovery

    11/05/2012 4:46:58 PM PST · by richardb72 · 8 replies
    Fox News ^ | November 05, 2012 | John Lott, Jerry Dwyer, James Lothian
    Carmen Reinhart and Kenneth Rogoff’s book, “This Time is Different,” has become the bible of the Obama administration. Their claim that recoveries after financial crises are naturally much slower than other recoveries has given President Obama a lot of cover. Their argument may be widely accepted by the media but has not been so readily accepted by economists. Reinhart and Rogoff lashed out at academic critics a couple of weeksago with an opinion piece in Bloomberg and again recently on CNN, attacking economists who disagree with them as blinded by support for Mitt Romney. Our current recovery has been the...
  • Mitt Romney is the only sane choice for Libertarians

    11/05/2012 4:44:32 PM PST · by richardb72 · 10 replies
    Fox News ^ | Nov 5, 2012 | Wayne Allyn Root
    As a former Libertarian presidential contender, the 2008 Libertarian vice presidential nominee, the former chairman of the Libertarian National Campaign Committee, and the man called "Mr. Libertarian" by media across this country, you might be surprised to find I’m supporting Republican Mitt Romney for president. Yes, this Las Vegan has gone “all in” for Mitt. Why? Because Mitt Romney is the only sane choice for Libertarians. It’s simple. Libertarians believe in less government; lower taxes; cutting rules, regulations and mandates to get government out of the way of small business; reining in out-of-control government agencies like the EPA; auditing the...
  • Why we won’t kill the Imperial System

    11/05/2012 2:14:59 PM PST · by null and void · 265 replies
    Mobile Hydraulic Tips ^ | November 2, 2012 | Paul Heney
    Back in grade school, we were told that the Imperial System was a thing of the past, that eventually we’d be living the Metric System life, with all it’s base-10 logic built right in. We’d be just like the rest of the world. But those predictions have proven about as accurate as the flying cars and moon colonies that we all imagined we’d be enjoying in the year 2012. Occasionally, the issue bubbles up and people argue back and forth about why we haven’t gone Metric, but I think it’s all about inertia. There would be a huge intellectual cost...
  • US Crashes Out Of The Top 10 In World Prosperity Index

    11/05/2012 1:48:34 PM PST · by SeekAndFind · 25 replies
    Business Insider ^ | 11/05/2012 | Joshua Berlinger
    The United States is no longer one of the world's ten most "prosperous" countries for the first time according to the Legatum Institute.The Legatum Prosperity Index assessed and ranked the prosperity of 142 countries based on eight sub-categories: economy, entrepreneurship and opportunity, health, governance, education, safety and security, personal freedom, and social capital.America experienced an "unprecedented" fall to twelfth in the rankings, as it experienced "weakening performance across five of the Index’s eight sub-categories."When referring to the U.S., the language of the report had a somewhat dire tone. It claims that "the American Dream is in jeopardy," and "the national ethos of the...
  • Lies on Al Qaeda Disqualfy Obama

    11/05/2012 1:08:28 PM PST · by Kaslin · 6 replies
    Townhall.com ^ | November 5, 2012 | Morgan Brittany
    We’re here, the final hours of the 2012 Presidential campaign. It’s D-Day, Judgment day and Super Bowl Sunday all rolled into one. To me, this campaign season has seemed to be the longest I can remember. Maybe my memory is fading, but I can’t remember a campaign as hard fought as this one. Yes, the Bush, Gore election of 2000 was aggressively fought and the battle of the “hanging chads” seemed to go on forever, but somehow it worked itself out and our country righted itself in a couple of months. I’m not so sure about this election. The division...
  • Canada Bleeding Private Jobs; Vancouver Home Sales Plunge 16.7 Percent; Crash Awaits

    11/05/2012 12:42:53 PM PST · by Kaslin · 7 replies
    Townhall.com ^ | February 5, 2012 | Mike Shedlock
    The Financial Post has an interesting story on the state of the Canadian jobs market. It seem over 100% of job growth is from government jobs. Please consider Employment numbers hide the fact Canada is bleeding private sector jobsCanada may have added 1,800 jobs in October, but that number hides the fact that almost all the gains came from government and that the private sector lost more than 20,000 jobs. The 1,800 jobs added was already a disappointment compared with the 10,000 economists had forecast. According to Statistics Canada, that left the unemployment rate unchanged at 7.4%. The six-month average...
  • Romney to Win by 7-8 points ? [CNN poll]

    11/05/2012 12:08:15 PM PST · by RobinMasters · 17 replies
    Washington Times ^ | November 5, 2012 | James S. Robbins
    Updating yesterday's TRR post -- CNN released a poll on Sunday that showed independents breaking for Mitt Romney 59%, with 37% for Barack Obama. (These numbers are buried on page 30 of the CNN report.) Because CNN assessed the likely electorate as 41% Democratic, 30% Republican and 29% independent, this translated into a 49%/49% tie. But this breakdown should be called the "unlikely voters." Using the more realistic Rasmussen and Gallup party ID breakdown, with Republicans holding a slight edge in party ID, a 22 point lead among independents on election day would give Mr. Romney around 53% of the...
  • No "Real Progress" from Obama on Jobs

    11/05/2012 10:58:17 AM PST · by Kaslin · 1 replies
    Townhall.com ^ | November 5, 2012 | Bob Beauprez
    Unsurprisingly Barack Obama says the November jobs report from the Labor Department proves that "We have made real progress" with job creation and economic recovery.  Really?  Does he believe this, or did he watch another video with Hillary Clinton? Somehow reality and the truth seem to consistently escape this President. Had Barack Obama removed his rose-colored glasses for just a moment he might have noticed that there are now 209,000 more people unemployed than in January, 2009 – the month he took office.  He also might have noticed that the number of people unemployed increased by 170,000 in just the...
  • SOWELL: Gross Misconceptions

    11/05/2012 10:36:38 AM PST · by jazusamo · 9 replies
    Creators Syndicate ^ | November 6, 2012 | Thomas Sowell
    This country is at a historic crossroads, and the path we choose can determine our future far beyond the next four years. Our children and grandchildren may someday bless us or curse us for what we do this Tuesday. Against that background, it is painful to see the petty talking points and gross misconceptions that seem to dominate this year's election campaign. Take the question of jobs. How many times have we heard about how many jobs have been added during the Obama administration? Yet few people bother to find out whether these are net additions to jobs — which...
  • Barack Obama and America’s decline

    11/05/2012 9:48:12 AM PST · by Pride_of_the_Bluegrass · 10 replies
    Pajama Media ^ | Spengler
    America is in incipient decline, and this week’s presidential election might be the last chance to reverse it. We are becoming a different sort of country, with a different people and different beliefs. Another four years of Barack Obama well might take us past the point of no return, although no-one, to be sure, knows quite where that lies. There is still time to change course. There might not be time by 2016. Nearly a third of Americans now depend on food stamps, welfare, disability payments, or some other form of government support, compared with one out of five when...
  • 112-Year-Old Apparel Maker In Pa. To Close

    11/05/2012 9:25:34 AM PST · by robowombat · 21 replies
    Manufacturing Net ^ | Sun, 11/04/2012 - | Michael Rubinkam,
    112-Year-Old Apparel Maker In Pa. To Close Sun, 11/04/2012 - 1:20pm Michael Rubinkam, ORWIGSBURG, Pa. -- One of the last U.S. apparel manufacturers of its kind is losing its shirt. FesslerUSA had survived war and depression, free trade and foreign imports, producing millions of knitted garments from its base in eastern Pennsylvania. Five years ago, third-generation owner Walter Meck and his family were feeling so good about the company's prospects they doubled capacity, moving into a former pencil factory outside the small town of Orwigsburg. They were still setting up shop in the new place when the Great Recession hit....
  • Preliminary Injunction Halts Enforcement of Obamacare Mandate Against Michigan Corp

    11/05/2012 8:39:11 AM PST · by DeaconBenjamin · 5 replies
    PR Newswire ^ | Thu, Nov 1, 2012
    Federal District Court Judge Robert H. Cleland of the Eastern District of Michigan granted a Preliminary Injunction that halts enforcement of the HHS mandate against Plaintiffs Weingartz Supply Company and its owner and president, Daniel Weingartz. The motion was brought by the Thomas More Law Center (TMLC), a national public interest law firm based in Ann Arbor, Michigan. Erin Mersino, TMLC's lead counsel on the case, commented, "The federal court has found that our clients have a likelihood of success and would be irreparably harmed by the unconstitutional overreaching of the HHS mandate. This is not only a victory for...
  • Middle class faces quick impact from fiscal cliff in form of alternative minimum tax

    11/05/2012 7:34:10 AM PST · by Timber Rattler · 11 replies
    The Washington Post ^ | November 4, 2012 | Lori Montgomery
    The best hope for a deal to avoid the “fiscal cliff” may lie with the alternative minimum tax, an obscure provision of the tax code that is about to become alarmingly relevant to millions of middle-class taxpayers. Unless Congress acts by the end of the year, more than 26 million households will for the first time face the AMT, which threatens to tack $3,700, on average, onto taxpayers’ bills for the current tax year. Because those people have never paid the AMT, they have no idea they are in its crosshairs — put there by a broader stalemate over tax...
  • Stopping to Help an Angel

    11/05/2012 6:25:44 AM PST · by Kaslin · 7 replies
    Townhall.com ^ | November 5, 2012 | Shawn Mitchell
    Americans share the tearful little girl’s pain as she whimpers in the online video sensation: “I’m tired of Bronco Bama and Mitt Romney.” During the one-day calm between the politicians’ arguments and people’s verdict, I’m mulling the public’s approving, even thirsting response to the striking images of the thin, liberal president and portly, conservative governor touring devastated areas in harmony. The absence of politics is partly an illusion, of course: there may be no Red way or Blue way to get the power back on, or comfort sufferers. But there are certainly differences of view about how to organize and...
  • The "Best Revenge" and the Worst Economies

    11/05/2012 6:00:22 AM PST · by Kaslin · 2 replies
    Townhall.com ^ | November 4, 2012 | Austin Hill
    It’s “game on” for the politics of retaliation. While campaigning in the swing state of Ohio, President Obama’s supporters began to boo last Friday when he uttered the name “Mitt Romney.” “No, no, no,” the President shouted, “don’t boo. Vote. Voting is the best revenge…” Those who support the President’s re-election are to seek revenge on others. That’s quite a directive from the President of the United States, and it is quite a departure from the candidate of four years ago who promised to unite all Americans in the pursuit of higher purposes. But it is nonetheless an example of...
  • This Might Be the First Legal Deer Ever Harvested with a Silencer in the State of Texas. Ever.

    11/05/2012 5:07:52 AM PST · by marktwain · 40 replies
    The Truth About Guns ^ | 3 November, 2012 | Nick Leghorn
    Early this morning, just as the sun was coming up, I was sitting on a pair of buckets with Tyler Kee in his brand new deer blind when a beautiful love-struck buck wandered into our field following a doe that had run through a few seconds earlier. And as I lined up my scope for what would be the fourth headshot on wildlife in a row, the biggest thing that was running through my mind was “I might be about to make history…” The state of Texas has always made hunting with silencers illegal for game animals. Something about poaching...
  • Mega-SuperStorm Sandy Endorses Obama, Cites War on Women

    11/05/2012 4:43:30 AM PST · by Kaslin · 13 replies
    Townhall.com ^ | November 5, 2012 | John Ransom
    Alternately referring to Hurricane Sandy as either a “superstorm” or a “megastorm” our friends at the Liberal Press Office have helped put Sandy in perspective by letting us know that this year’s meteorological winner of American Idol was spawned by global warming, intensified by rising ocean temperatures and sponsored by Big Oil. Citing no actual scientific evidence- why use science when you believe SO strongly?- it’s apparent that the headlines used by the mainstream media to cover the post-Sandy ascendancy virtually wrote themselves well prior to Sandy’s gestation.Megastorm Sandy injects climate into presidential vote, Agence France PresseIs Hurricane Sandy the face of climate change? Yes, is the...
  • A few miles downstream from Pittsburgh(PA)(Gadsden flag on coal barge)

    11/05/2012 3:21:26 AM PST · by marktwain · 10 replies
    chicagoboyz.net ^ | 3 November, 2012 | Lexington Green
    I hope they and their families, and other like-minded folks in Ohio and Pennsylvania, vote to end the self-inflicted war on American energy production. Thanks to ChicagoBoyz reader Bob Skinner for the picture. Bob half-expected our Commander in Chief to call in a drone strike on these guys, partly for the yucky coal, but mostly for the flag. This election is a nail biter. I am struggling not to obsess. God bless America.
  • Delphi retirees say Obama administration betrayed them

    11/05/2012 2:09:16 AM PST · by John W · 17 replies
    nbcnews.com ^ | November 4, 2012 | Talesha Reynolds and Lisa Myers
    At first glance, David Kane, 63, appears to be solidly middle class. He has a home on a lovely suburban street in Sandusky, Ohio, and a boat docked in the nearby marina. But looks can be deceiving. Kane doesn’t have television or even a functioning wristwatch. He and his wife Dianne live on their boat, a 1976 Trojan Tri-Cabin in need of repair, for part of the year to save on utility costs. He does outdoor maintenance at the marina to pay for the docking fees. After a 35-year career at Delphi, the primary parts supplier for General Motors, Kane...
  • Red China: Conservatives dominate latest line-up for new Communist Party leadership

    11/05/2012 2:03:12 AM PST · by bruinbirdman · 4 replies
    South China Morning Post ^ | 11/5/2012 | Shi Jiangtao in Beijing
    Conservatives appear poised to dominate the Communist Party's new leadership as furious horse trading continues ahead of next week's transfer of power in Beijing. The latest consensus among outgoing leaders, their immediate successors and influential party elders is that the party's innermost circle may still be subject to last-minute changes ahead of the 18th congress starting on Thursday, according to sources close to the inner workings of the once-a-decade generational transition. However, the sources said that the Politburo Standing Committee's likeliest line-up was now packed with conservatives including vice-premier and Chongqing party chief Zhang Dejiang, 65, propaganda chief Liu Yunshan,...
  • [Red] China's economic destiny in doubt after leadership shock

    11/05/2012 1:51:02 AM PST · by bruinbirdman · 5 replies
    The Telegraph ^ | 11/5/2012 | Ambrose Evans-Pritchard
    Forces of reaction and economic folly threaten to prevail in China. The long political arm of Jiang Zemin has reached out from the shadows to thwart reform, with huge implications for Asia and the world. Mao suit continued choice of China's top leaders for National Day ceremony. Hu Jintao (L), former President Jiang Zemin (R) If reports from the Hong Kong press and China's blogosphere are correct, a remarkable upset has occurred on the eve of the ten-year power shift next week -- the greatest turn-over of top cadres since Mao's revolution. The South China Morning Post says the new...
  • UK: NHS [socialized medicine] patients get 'unacceptable' care from nursing assistants

    11/05/2012 1:25:40 AM PST · by bruinbirdman · 6 replies
    The Telegraph ^ | 11/5/2012 | Nick Collins
    NHS patients are receiving an "unacceptable" level of care from a growing army of unqualified healthcare assistants, who have taken over nursing roles on wards and in care homes, an independent commission warns. Basic tasks which were once the job of trained nurses are being carried out by more than 50,000 low-paid and unregulated assistants due to budget cuts and growing demands on nurses' time. Putting vulnerable patients in the care of well-meaning but "unreliable" nursing assistants raises "serious concerns about public protection", a commission led by Lord Willis of Knaresborough, the Liberal Democrat peer, says in a report published...
  • The Pentagon's Timely Contribution to GDP (3rd Quarter 2012)

    11/05/2012 12:14:59 AM PST · by CutePuppy · 3 replies
    Barron's ^ | October 27, 2012 | Gene Epstein
    Gross domestic product grew an anemic 2.0% in the third quarter, up from 1.3% in the second quarter, with a surge in defense spending accounting for the gain. Data-conspiracy theorists, take note. The Bureau of Economic Analysis reported Friday that real gross domestic product in the third (July-September) quarter grew at an annual rate of 2.0%, up from 1.3% in the second quarter. That figure represents the last report card on GDP growth before the presidential election. It's also pretty dismal. At this stage in the economic expansion, a reading of 3% should be considered disappointing and 4% par for...
  • Recession forecast seems optimistic

    11/04/2012 7:23:25 PM PST · by DeaconBenjamin · 1 replies
    ekathimerini.com ^ | Sunday November 4, 2012 (21:13) | By Dimitris Kontogiannis
    Greece is facing a much bigger than projected drop in output – bordering on depression – next year after the troika and the government opted to frontload austerity measures in the 2013 budget. In this regard, all bets are off since the negative impact from the economic contraction will outweigh any positives from the improvement in the fiscal and current account balance, with the ensuing political fallout likely complicating the situation. In the Greek saga, the country’s creditors continue to accuse successive governments of non-cooperation and delays in the implementation of structural reforms agreed in the May 2010 and March...
  • Stock certificates feared damaged by Sandy

    11/04/2012 7:09:13 PM PST · by DeaconBenjamin · 24 replies
    cnn ^ | November 2, 2012: 11:52 AM ET | By Ben Rooney
    Trillions of dollars worth of stock certificates and other paper securities that were stored in a vault in lower Manhattan may have suffered water damage from Superstorm Sandy. The Depository Trust & Clearing Corp., an industry-run clearing house for Wall Street, said the contents of its vault "are likely damaged," after its building at 55 Water Street "sustained significant water damage" from the storm that battered New York City's financial district earlier this week. The DTCC provides "custody and asset servicing" for more than 3.6 million securities worth an estimated $36.5 trillion, according to its website. "At this point, it...
  • French car sales plummet - French brands worst hit

    11/04/2012 4:46:12 PM PST · by DeaconBenjamin · 34 replies
    The Local (France) ^ | 02 Nov 2012 10:07 GMT+01:00
    French new car sales plunged by 7.8 percent in October on a monthly basis and by 13.3 percent in the first 10 months of the year, data from the French automobile manufacturers association CCFA showed on Friday. A total of 162,411 new cars were registered last month in France, a statement said, as the French economy, the second biggest in the eurozone, struggled to make headway. French car makers were among those that suffered the biggest drops, with sales by PSA Peugeot Citroen, the second-biggest European auto manufacturer, down by 5.0 percent, and those by the Renault group posting a...
  • Our View: President of the United States: Mitt Romney (Peoria, Illinois newspaper!)

    11/04/2012 3:56:49 PM PST · by 2ndDivisionVet · 7 replies
    The Peoria Journal Star ^ | November 4, 2012 | The Editors
    Four years ago, one of the two major party candidates then pursuing the White House - Barack Obama or John McCain - was about to inherit the most challenging situation any president had faced in 70 years: an America on the verge of economic collapse, at war on two fronts. At the time, this page noted that there was "no limited government candidate for this era of undisciplined and damaging spending excess." That turned the decision to other factors, and ultimately made it easier to endorse Obama, who would become the nation's 44th president. To some degree every election is...
  • German supermarkets increase milk prices by 20 percent

    11/04/2012 3:11:13 PM PST · by DeaconBenjamin · 9 replies
    The Local (Germany) ^ | 2 Nov 12 16:02 CET
    German consumers will soon have to pay up to 20 percent more for milk at supermarkets, after one of the major retailers announced a significant price rise on Friday. Discount supermarket retailer Aldi Süd said on Friday that it would increase its price for milk by about 9 cents per litre. The other major German supermarket chains, including Edeka and Rewe, were expected to follow suit and to match the products in their lowest price categories to the Aldi prices. Lidl said it would stay in line with the market, and thus raise prices. Prices for other dairy staples have...
  • No more Merck cancer drug for Greek hospitals

    11/04/2012 2:55:33 PM PST · by DeaconBenjamin · 3 replies
    The Local (Germany) ^ | 4 Nov 12 08:55 CET
    German pharmaceutical company Merck has stopped selling its cancer drug Erbitux to Greek hospitals, as they are not able to pay. Patients needing the drug will have to buy it themselves from pharmacies. Saturday’s Frankfurter Allgemeine Zeitung newspaper said the continuing economic crisis and chaotic situation in Greece had prompted the sales ban. The Greek government has paid for imported medicines with bonds due in a few years since the spring. But many firms receiving these sold them at a big loss, the paper said. Erbitux is approved for use in many countries and carries indications for colorectal and head...
  • Deutsche Bank talks austerity in posh hotel

    11/04/2012 11:02:59 AM PST · by Olog-hai · 6 replies
    TheLocal.de ^ | 4 Nov 12 11:38 CET | (The Local/DAPD/mw)
    Troubled Deutsche Bank has rented out the whole of one of Germany’s poshest hotels—for its top managers to spend three days taking about cutting costs and saving money, a magazine reported at the weekend. Suites at Berlin’s Adlon Hotel can cost up to €15,000 ($19,239) a night, while the cheapest room will set penny-pinchers back €320 ($410) a night—and Deutsche Bank has rented out the entire building, Der Spiegel said, in a report to be published on Monday. …
  • For those of you STILL considering voting 3rd party....

    11/04/2012 10:54:52 AM PST · by conservativesister · 68 replies
    If you still need to come up with a reason NOT to vote 3rd party remember this : Obamacare Mandate: Anyone Who Works 30-Hour Week Is Now 'Full-Time' ... Employers are going to have to adjust to this (downsize the hours for anyone employed over 30 hrs a week) or go out of business, even if they have to use temp agencies to fulfil the hours needed to complete the work.
  • Wind farm noise does harm sleep and health, say scientists

    11/04/2012 9:02:38 AM PST · by Hojczyk · 7 replies
    UK Telegraph ^ | Nov 3 | Andrew Gilligan
    American and British researchers compared two groups of residents in the US state of Maine. One group lived within a mile of a wind farm and the second group did not. Both sets of people were demographically and socially similar, but the researchers found major differences in the quality of sleep the two groups enjoyed. The findings provide the clearest evidence yet to support long-standing complaints from people living near turbines that the sound from their rotating blades disrupts sleep patterns and causes stress-related conditions. The study will be used by critics of wind power to argue against new turbines...
  • November surprise: EPA planning major post-election anti-coal regulation

    11/04/2012 8:52:44 AM PST · by markomalley · 41 replies
    The Washington Examiner ^ | 11/4/12 | Conn Carroll
    President Obama’s Environmental Protection Agency has devoted an unprecedented number of bureaucrats to finalizing new anti-coal regulations that are set to be released at the end of November, according to a source inside the EPA. More than 50 EPA staff are now crashing to finish greenhouse gas emission standards that would essentially ban all construction of new coal-fired power plants. Never before have so many EPA resources been devoted to a single regulation. The independent and non-partisan Manhattan Institute estimates that the EPA’s greenhouse gas coal regulation will cost the U.S. economy $700 billion.The rush is a major sign of...
  • Islam-The Fear of the Fickle Money Traders

    11/04/2012 8:40:36 AM PST · by CharlesMartelsGhost · 4 replies
    Winds of Jihad by Sheik Yermani ^ | November 4, 2012 | SheikYermani
    The topic? Islam. Contrary to likely presumption, it’s not just the movement of Muslims across Europe from Africa and the Middle East and the mobilization of Islamist factions in these areas – but the vast migration that has begun towards the United States.Fear can freeze a deer in the headlights of a car, cause a grizzly bear to flee at the sound of a loud noise, or cause a consortium of international banking interests to start having heart palpitations. Recent interviews with highly-placed officials in a number of European and South American banking circles indicates a new, almost irrational fear...
  • Emanuel: Tightening of Pa. race to be expected

    11/04/2012 8:27:22 AM PST · by Cincinatus' Wife · 27 replies
    Washington Times ^ | November 4, 2012 | David Eldridge
    Chicago Mayor Rahm Emanuel on Sunday dismissed the idea that President Obama is vulnerable in Pennsylvania, where polls have tightened ahead of Tuesday's election. The mayor, a former White House chief of staff who is one of the president's most outspoken advocates, said the Obama campaign is confident in Pennsylvania despite the narrowing lead. "I think Pennsylvania is secure, but you don't take anything for granted," Mr. Emanuel said on CNN's "State of the Union." The Obama campaign is sending former President Bill Clinton to campaign in Pennsylvania on Monday, but Mr. Emmanuel played down that move as well. "That...
  • Freep This Poll: Who do you support — Mitt Romney or Barack Obama?

    11/04/2012 7:57:40 AM PST · by ThE_RiPpEr. · 48 replies
    Our view: Re-elect President Obama
  • African American churches protest foreclosures by black-run bank

    11/04/2012 6:07:10 AM PST · by DeaconBenjamin · 9 replies
    LA Times ^ | November 3, 2012, 6:10 a.m. | By E. Scott Reckard
    <p>The financially troubled Broadway Federal Bank recently had seven repossessed churches on its books. Above, a mural at the bank's Exposition Park branch.</p> <p>A coalition of African American ministers is protesting foreclosures on their churches -- by Broadway Federal Bank, a savings bank established in the 1940s to serve Los Angeles' then-segregated black community.</p>
  • GOP Vows to Keep Fighting IRS’s Illegal ObamaCare Taxes if Obama Wins

    11/04/2012 5:29:02 AM PST · by Kaslin · 11 replies
    Townhall.com ^ | November 4, 2012 | Michael F. Cannon
    Roll Call reports that if President Obama wins re-election, House and Senate Republicans will hold votes on rescinding his illegal IRS rule that unlawfully taxes employers and individuals in the 30 or so states that do not create their own health insurance exchanges: House Republicans are opening a new front in their drive to derail the 2010 health care overhaul, using an expedited legislative procedure to upend targeted parts of the law…Republican leaders are preparing to launch the effort during the post-election session that begins Nov. 13.The resolution backed by Rep. Darrell Issa, the California Republican who heads the Oversight...
  • Political Correctness Run Amok: Some Private Sector Contestants for the U.S. vs U.K. ...

    11/04/2012 4:10:44 AM PST · by Kaslin · 7 replies
    Townhall.com ^ | November 4, 2012 | Daniel J. Mitchell
    I’ve had some fun on this blog by comparing moronic government policies in the United States and United Kingdom. In my never-ending search for cheap laughs and juvenile entertainment, I’ve ever turned this into a contest to see which nation has more pathetic and useless bureaucrats.The United Kingdom has some very strong contestants. A job-placement center got in trouble for discriminating against incompetent people by seeking “reliable” and “hard-working” candidates.A women who was being threatened by thugs got in trouble with the police for brandishing a knife in her own home.There was a serious proposal to prevent children from watching Olympic shooting events.A man...
  • Slowdown Trifecta Sends CEOs on Mad Dash for Growth

    11/04/2012 3:49:36 AM PST · by TigerLikesRooster · 11 replies
    CNBC ^ | 3 Nov 2012 | Javier E. David
    Slowdown Trifecta Sends CEOs on Mad Dash for Growth Published: Saturday, 3 Nov 2012 | 4:53 PM ET By: Javier E. David Special to CNBC.com Economic troubles gripping the U.S., China and Europe are forcing Wall Street and corporate America to play a game of global arbitrage, in a frantic attempt to eke out profits wherever they can be found. Just as concerns mount about the U.S. “fiscal cliff”, a synchronized worldwide economic slowdown has ensnared three of the world’s largest economies. Although the U.S. economy expanded at a better-than-expected pace of two percent last quarter, much of that growth...
  • Bloomberg's Great Moment in History's Failures

    11/04/2012 1:11:01 AM PST · by Kaslin · 2 replies
    Townhall.com ^ | November 4, 2012 | John Ransom
    Anderson659 wrote: Obama is not an idiot, far from it, he has a vision for America that is defined by radical left progressive social marxism, trickle down economics from the government. The Democrat party us now a party of secular humanist radicals. -Idiots Offer Hope, Change, Blame, Revenge- and Self GovernmentDear Brother Anderson,The Democrat Party has been a bunch of secular humanists for quite some time. This isn’t Harry Truman’s Democrat Party, although I’ll admit that Truman’s economic policies were really bad.I disagree with your evaluation of Obama however. First of all, he’s dedicated his whole life to running for...
  • Main Street in revolt (Salena Zito)

    11/03/2012 10:55:03 PM PDT · by neverdem · 48 replies
    Pittsburgh Tribune-Review ^ | November 3, 2012 | Salena Zito
    The homemade sign for Mitt Romney in the yard of a well-manicured but modest home in Leadville, Colo., forlornly signals the fracture of another onetime supporter of Barack Obama. If Romney wins the presidency on Tuesday, the national media, the Washington establishment and the bulk of academia will have missed something huge that happened in “flyover” America under their watch. It is a story that few have told. It reminds one of the famous quip by New Yorker film critic Pauline Kael following Richard Nixon’s landslide 1972 victory: “I live in a rather special world. I only know one...