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Business/Economy (News/Activism)

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  • The Rush Limbaugh Show, M-F, 12noon-3PM, WOR-AM, Thursday, October 20th, 2016.

    10/20/2016 8:58:46 AM PDT · by Carriage Hill · 32 replies
    The EIB Network ^ | Thursday, October 20th, 2016 | Rush Limbaugh
    AND NOW... amidst billowing clouds of fragrant, aromatic first- and second-hand premium cigar smoke... it is time for... that harmless, lovable little fuzz ball, the highly-trained broadcast specialist, having more fun than a human being should be allowed to have, from behind the golden EIB microphone, firmly ensconced in the prestigious Attila-The-Hun chair at the Limbaugh Institute of Advanced Conservative Studies, serving humanity simply by showing up, and he’s not retiring until every American agrees with him — do NOT doubt him — with shrieks of joy at the mere mention of his name (that’s Rush, for those in Rio...
  • "America Has Lost" - Duterte Announces "Separation" From United States, Alligns With China; (TR)

    10/20/2016 8:28:02 AM PDT · by Perseverando · 24 replies
    Zero Hedge ^ | October 20. 2016 | Tyler Durden
    After the relentless barrage of verbal abuse and negative sentiment aimed at Barack Obama and the US, coupled with increasingly complimentary statements toward Beijing, it was only a matter of time before Philippine President Rodrigo Duterte put an end to the speculation if and when he would officially pivot the country's long-held diplomatic alliance away from the US and toward China. He did so today when, during a visit to China's capital, Duterte announced his "separation" from the United States, declaring he had realigned with China as the two agreed to resolve their South China Sea dispute through talks. Duterte...
  • Per Wikileaks: Podesta Insider Trading Info for Microsoft

    10/20/2016 6:39:05 AM PDT · by TigerClaws · 13 replies
    Content at link.
  • US-UK alliance seen outweighing Brexit trade concerns

    10/20/2016 6:09:06 AM PDT · by kimtom · 1 replies
    http://www.dawn.com ^ | June 28, 2016 | Reuters
    WASHINGTON: The United States (US) looks unlikely to follow through on a threat to relegate Britain to second-class trade status once its ally leaves the European Union, as it weighs the potential costs of undermining the countries close diplomatic and military ties. President Barack Obama had warned ahead of Thursday's "Brexit" referendum that Britain would move to the back of the queue on US trade priorities if it voted to leave the bloc, well behind a much larger US European trade deal now under negotiation. But in the face of a severe financial market reaction to the vote to...
  • Trump Holds On To 1-Point Lead As Debate Sparks Fly — IBD/TIPP Poll

    10/20/2016 6:08:37 AM PDT · by IBD editorial writer · 21 replies
    Investor's Business Daily ^ | 10/20/2016 | John Merline
    Donald Trump held onto his 1-point lead over Hillary Clinton in the second day of the IBD/TIPP presidential tracking poll — 41% to 40%. Libertarian Gary Johnson and the Green Part's Jill Stein remain far behind at 7% and 5%, respectively. In a two-way matchup, Clinton continues to hold a three-point lead over Trump — 43% to 41%. The poll included 779 likely voters, giving it a margin of error of +/- 3.6 percentage points. The second day's results of the IBD/TIPP poll don't reflect any impact of the spirited presidential debate Wednesday night, which covered a wide range of...
  • US-UK alliance seen outweighing Brexit trade concerns

    10/20/2016 5:54:52 AM PDT · by kimtom · 1 replies
    http://www.dawn.com ^ | June 28, 2016 | Reuters
    WASHINGTON: The United States (US) looks unlikely to follow through on a threat to relegate Britain to second-class trade status once its ally leaves the European Union, as it weighs the potential costs of undermining the countries close diplomatic and military ties. President Barack Obama had warned ahead of Thursday's "Brexit" referendum that Britain would move to the back of the queue on US trade priorities if it voted to leave the bloc, well behind a much larger US European trade deal now under negotiation. But in the face of a severe financial market reaction to the vote to...
  • Financial Industry May Control Retirement Savings In A Clinton Administration

    10/20/2016 5:15:24 AM PDT · by randita · 19 replies
    International Business Times ^ | 10/19/16 | BY DAVID SIROTA AND AVI ASHER-SCHAPIRO
    illary Clinton And Wall Street: Financial Industry May Control Retirement Savings In A Clinton Administration BY DAVID SIROTA @DAVIDSIROTA AND AVI ASHER-SCHAPIRO ON 10/19/16 AT 12:50 AM Blackstone's Tony James: America's Not Great at Saving While Hillary Clinton has spent the presidential campaign saying as little as possible about her ties to Wall Street, the executive who some observers say could be her Treasury Secretary has been openly promoting a plan to give financial firms control of hundreds of billions of dollars in retirement savings. The executive is Tony James, president of the Blackstone Group. The investment colossus is most...
  • The Trump Trade Doctrine: A Path to Growth & Budget Balance

    10/20/2016 4:09:00 AM PDT · by expat_panama · 5 replies
    Real Clear Policy ^ | October 18, 2016 | Wilbur Ross & Peter Navarro
    POLICIES FOR THE NEXT ADMINISTRATION. PART 2: TRADE This is the second in a series on the majory policy ideas — from Left and Right — that should guide the next presidential administration's agenda. (For the opposing view, see Will Marshall, "Detoxifying the Trade Debate.") Budget-deficit hawks often insist that the only way to balance the Federal budget is to raise taxes or cut spending. The far smarter path to balance the budget is simply to grow our economy faster. From 1947 to 2001, the U.S. real gross domestic product grew at an annual rate of 3.5 percent. Since 2002,...
  • Woman claims Expedia wrote 'F***-You,' cancelled her flight after negative review

    10/19/2016 12:45:17 PM PDT · by SargeK · 22 replies
    WGN TV ^ | 10/19/2016
    A California teacher recently did a double take after she received an email from the travel website Expedia. Cara Viramontes logged in to check her itinerary and saw a message that said, "F*** You!" She then discovered her family's travel reservation had been cancelled.
  • Clinton And Wall St: Financial Industry May Control Retirement Savings

    10/19/2016 11:32:02 AM PDT · by AC Beach Patrol · 45 replies
    International Business Times ^ | 10/19/2016 | BY DAVID SIROTA AND AVI ASHER-SCHAPIRO
    While Hillary Clinton has spent the presidential campaign saying as little as possible about her ties to Wall Street, the executive who some observers say could be her Treasury Secretary has been openly promoting a plan to give financial firms control of hundreds of billions of dollars in retirement savings. The executive is Tony James, president of the Blackstone Group.
  • Trump Leads Clinton By 1 Point Going Into Debate -- IBD/TIPP Poll

    10/19/2016 9:47:46 AM PDT · by IBD editorial writer · 108 replies
    Investor's Business Daily ^ | 10/19/2016 | John Merline
    After more than a week of blistering attacks from Democrats, celebrities and the press, Donald Trump has managed to pull ahead of Hillary Clinton by 1 percentage point — 41.3% to 40% — in a four-way matchup, according to the new IBD/TIPP poll released today. Libertarian candidate Gary Johnson got 8% and Green Party candidate Jill Stein got 6%. The results are the first in the IBD/TIPP presidential tracking poll. Daily updates start Thursday and will continue until the election. The IBD/TIPP poll previously was monitoring support for the candidates in the 2016 election on a monthly basis.
  • Illegal Immigration Hurts Young Americans The Most

    10/19/2016 9:39:48 AM PDT · by John Conlin · 9 replies
    The Daily Caller ^ | 10/18/2016 | John Conlin
    Every year about 4 million American youngsters move on from high school. On average just over 80% of them graduate and the others, around 760,000 each and every year, just move on. Unfortunately the economic futures of those who don’t obtain a high school diploma are rather bleak. They are made bleaker in that they will in all likelihood be competing for jobs against millions of illegal immigrants who are willing to work for far below market wages. Of those who do graduate high school, around 2/3rds will attend college. Thus just over 1 million high school graduates won’t attempt...
  • Abortion industry fights at Ninth Circuit to block release of baby body parts footage

    10/19/2016 9:39:28 AM PDT · by NYer · 15 replies
    Life Site News ^ | October 19, 2016 | Fr. Mark Hodges
    SAN FRANCISCO, California, October 19, 2016 (LifeSiteNews) — A federal appeals court in San Francisco heard from judges, pro-life investigators, and the abortion industry on a dispute over videos that exposed Planned Parenthood’s criminal activity. Justices Consuelo María Callahan, Andrew D. Hurwitz, and Donald W. Molloy of the Ninth Circuit heard the National Abortion Federation (NAF) vs. the Center for Medical Progress (CMP) on Tuesday in San Francisco’s James R. Browning U.S. Courthouse. The decision before the court was whether or not to make permanent an injunction issued in July suppressing undercover videos recorded at two NAF conventions. At...
  • Regulators approve higher health premiums to strengthen Obamacare insurers

    10/19/2016 9:12:40 AM PDT · by Lorianne · 6 replies
    Source material cannot be posted to FR | 19 October 2016
    see link below
  • Ford will cut production of F-series, other models as demand slows

    10/19/2016 9:10:28 AM PDT · by Lorianne · 58 replies
    Reuters ^ | 17 October 2016 | Bernie Woodall
    In a fresh sign of pressure on U.S. automakers, Ford Motor Co on Monday said it will shut down production of its best-selling F-150 pickup truck for a week at a Kansas City assembly plant, and temporarily idle three other plants over the next several weeks. About 13,000 Ford hourly workers will be laid off during the temporary shutdowns. There are nearly 14,000 workers at the four plants, the company said. Some of them are salaried managers. Of the layoffs, about 4,000 will be in Mexico and about 9,000 in the United States. The cuts will hit Ford's three highest-volume...
  • Dallas Police Retiring in Droves, Taking Lump Sum Pensions (tr)

    10/19/2016 9:05:18 AM PDT · by Lorianne · 21 replies
    Mish Talk ^ | 16 | Mike “Mish” Shedlock
    Dallas Police Retiring in Droves, Taking Lump Sum Pensions, Fearing the Money Isn’t There (And It Isn’t) The Dallas police and firefighters pension fund has just 45% of the money it needs to cover benefits. The fund rates to be out of money in 15 years at the current rate of withdrawals. For those eligible, the sane thing to do is retire and take a lump sum payout before the money is all gone. That’s precisely what’s happening, and it is further pressuring the system.
  • Who Was Podesta Talking To? In January 2008 He Said "Economy is Going in the (expletive)

    10/19/2016 9:01:39 AM PDT · by Lorianne · 13 replies
    Economic Policy Journal ^ | 16 October 2016
    <p>This is super fascinating. The current chairman of the 2016 Clinton presidential campaign, John Podesta, knew the economy was headed for trouble at the start of January 2008---long before the financial crisis was in full bloom. He made this clear in an email.This is the first indication anywhere of an individual linked closely to high levels of the United States government indicating that he was aware of serious problems so early, that were developing for the economy. How did he know it? Who was he talking to?</p>
  • The Rush Limbaugh Show, M-F, 12noon-3PM, WOR-AM, Wednesday, October 19th, 2016.

    10/19/2016 8:53:06 AM PDT · by Carriage Hill · 73 replies
    The EIB Network ^ | Wednesday, October 19th, 2016 | Rush Limbaugh
    AND NOW... amidst billowing clouds of fragrant, aromatic first- and second-hand premium cigar smoke... it is time for... that harmless, lovable little fuzz ball, the highly-trained broadcast specialist, having more fun than a human being should be allowed to have, from behind the golden EIB microphone, firmly ensconced in the prestigious Attila-The-Hun chair at the Limbaugh Institute of Advanced Conservative Studies, serving humanity simply by showing up, and he’s not retiring until every American agrees with him — do NOT doubt him — with shrieks of joy at the mere mention of his name (that’s Rush, for those in Rio...
  • Rattled German CEOs Seek “Revival of Germany Inc.” as “Protective Wall” against US and China

    10/19/2016 8:27:01 AM PDT · by Lorianne · 8 replies
    Wolf Street ^ | 17 October 2016 | Wolf Richter
    In response to the “destabilization of the world.” About 20 German industry chieftains, rattled by the hits German companies have recently taken, including Deutsche Bank and Volkswagen, spent Saturday and Sunday two weeks ago on the phone with each other. They were fretting about the future of Germany’s export-dependent industry and outlining solutions. Some of the participants have since talked to the German daily, Die Welt, which published its report on Sunday. Participants included Siemens CEO Joe Kaeser, BASF CEO Kurt Bock, Deutsche Bank CEO John Cryan, BDI (Association of German Industry) president Ulrich Grillo, and BDI General Manager Markus...
  • China’s J-20 Stealth Fighter Will Likely Look Like This At Its Air Show Debut

    10/19/2016 5:51:29 AM PDT · by Yo-Yo · 29 replies
    The War Zone ^ | 10/18/16 | Tyler Rogoway
    China’s J-20 has been an internet star for half a decade. It first appeared in late 2010 in grainy photos taken from the fenceline at Chengdu Aircraft Industrial Group’s plant. It first flew just as Secretary of Defense Robert Gates, who long shorted China’s ability to put into operation such an aircraft, was meeting with Chinese officials in Beijing. Since then the jet has made clear progress, with apparent design changes occurring as the aircraft progressed from prototype to pre-production stages. Now the J-20 will follow in the footsteps of its simpler and smaller cousin, the stealthy J-31, and be...