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Keyword: forbes

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  • Obamatrade cost GOP congressman his job

    06/18/2016 4:41:11 PM PDT · by ak267 · 13 replies
    wnd ^ | 6-17-2016 | Curtis Ellis
    The populist uprising against phony ďfree tradeĒ and Republicans who love it has taken its first scalp. Rep. Randy Forbes, GOP establishment stalwart and longtime Obamatrade supporter from Virginiaís 2nd Congressional District, will soon be unemployed. Voters rejected him in favor of his primary opponent Scott Taylor, who stridently opposed Obamatrade.
  • Trump's Ace In The Hole, The Inequality Black Swan

    06/18/2016 3:02:10 PM PDT · by 2ndDivisionVet · 6 replies
    Forbes ^ | June 17, 2016 | Larry McDonald
    Political risk has rarely had a more powerful impact on markets. As we head toward November, we must dig in and get to the bottom of whatís really going on. A reality TV star and real estate mogul just mowed down 17 accomplished Republican candidates, by May 3rd it was all over but the shouting. ďInvestors need to prepare for a Trump presidency.Ē Jeff Gundlach, May 2016 Donald J. Trump announced his candidacy for president in June 2015, to criticism, mockery, and doubt by the media and political class. Trumpís candidacy and campaign have been called a joke by many...
  • From $4.5 Billion To Nothing: Forbes Revises Estimated Net Worth Of Theranos Founder...

    06/01/2016 11:48:28 AM PDT · by Enchante · 7 replies
    Forbes ^ | 06/01/16 | Matthew Harper
    Last year, Elizabeth Holmes topped the FORBES list of Americaís Richest Self-Made Women with a net worth of $4.5 billion. Today, FORBES is lowering our estimate of her net worth to nothing. Theranos had no comment. Our estimate of Holmesí wealth is based entirely on her 50% stake in Theranos, the blood-testing company she founded in 2003 with plans of revolutionizing the diagnostic test market. Theranos shares are not traded on any stock market; private investors purchased stakes in 2014 at a price that implied a $9 billion valuation for the company. Since then, Theranos has been hit with allegations...
  • Theranos founder's net worth goes from $4.5 BILLION to nothing amid fraud claims

    06/01/2016 11:50:25 AM PDT · by CorporateStepsister · 29 replies
    Daily Mail ^ | 1 June 2016 | Regina F. Graham For Dailymail.com
    Last year she was on top of the world, but now Elizabeth Holmes has a net worth of zero. Holmes, who is the founder of blood-testing company Theranos, was at the top of Forbes' list of the richest self-made women in America with a net worth of $4.5billion last year. However, Forbes has lowered their estimate of her net worth to nothing, amid allegations that the blood-testing company she founded in 2003 has inaccurate tests and is being investigated by federal agencies. Theranos Inc was sued on Thursday, accused of endangering customer health through 'massive failures' that misrepresented the accuracy...
  • The Obama Administration's Disrespect For The Rule Of Law Hits A New Low

    05/31/2016 11:08:56 AM PDT · by reaganaut1 · 14 replies
    Forbes ^ | May 31, 2016 | George Leef
    The lawlessness of the Obama administration has been astounding. Entire books have been written about President Obamaís notion that he should be and is free to do whatever he wants (such as Lawless by Professor David Bernstein, which I wrote about here). No doubt more will be. One remarkably brazen instance I recently learned about is his administrationís funneling of money from lawsuit settlements into the pockets of left-wing activist groups. It makes you wonder if there is anything this administration wonít try to get away with. Following the collapse of the housing bubble, the federal government initiated several grandstanding,...
  • Steve Forbes This Month's Guest on C-Span2's "In-Depth" on Sunday

    04/02/2016 10:02:25 PM PDT · by Intolerant in NJ · 1 replies
    C-Span2 | 3 April, 2016
    This being Conservatives'-Turn month, C-Span2 has scheduled Steve Forbes as the guest on today's (Sunday April 3) "In-Depth" program set to begin at noon EDT. Forbes has written several books including his most recent Reviving America: How Repealing Obamacare, Replacing the Tax Code and Reforming The Fed will Restore Hope and Prosperity, Money: How the Destruction of the Dollar Threatens the Global Economy - and What We Can Do About It, How Capitalism Will Save Us: Why Free People and Free Markets Are the Best Answer in Today's Economy, and will discuss his work, background, philosophy and views on current...
  • Trump The Hypocrite: Investing Overseas Fine For Him (Outsourcing)

    03/10/2016 11:37:37 AM PST · by AmericanInTokyo · 226 replies
    Forbes Magazine ^ | Stuart Anderson
    Donald Trumpís appeal is said to be his straight talk. But when it comes to international trade, he sounds like a hypocrite, the classic ďDo what I say, not what I doĒ politician. While bashing companies for investing in foreign countries, Donald Trumpís own company has shown no inclination to invest and build only in America. In fact, a significant percentage of his companyís hotels and major real estate properties are located abroad. ďMr. Trump is either inexcusably hypocritical or inexcusably ignorant of economics,Ē according to Donald J. Boudreaux, a professor of economics at George Mason University. ďThere is zero...
  • Steve Forbes Backs Trump, Bashes Rubio

    02/29/2016 4:34:31 AM PST · by Helicondelta · 28 replies
    breitbart.com ^ | February 28
    Sunday, former GOP presidential candidate Steve Forbes heaped praise on GOP presidential front-runner Donald Trumpís on Sunday radio show ďThe Cats RoundtableĒ on AM 970 in New York. Forbes speculated union leaders would support Hillary Clinton, but ďthe rank and file, a big chunk of them are going to go their own way.Ē He explained to show host John Catsimatidis, ďTrump, even as he criticizes and throws out charges and all that kind of thing, he always ends up on an upbeat note about the USA. People want that, people want to hear that. Theyíre tired of all this gloom...
  • Tax Policy Center Releases Flawed And Biased Analysis Of Marco Rubio Tax Cut

    02/12/2016 12:35:18 PM PST · by Citizen Zed · 3 replies
    forbes.com ^ | 2-11-2016 | Ryan Ellis
    The headline you'll read is that the Rubio plan cuts taxes by $6.8 trillion over a decade. This needs to be put in the context of the $42 trillion of revenue the federal government is projected to collect over the next ten years. So it's a big score, but it's not so big when compared to the larger tax revenue picture. Rarely are these two numbers associated, as they always should be. Needless to say, they are not in the TPC report. TPC themselves admit that they lack the capacity to do a macroeconomic analysis of the plan. In other...
  • Monstrous Cosmic Gas Cloud Set To Ignite The Milky Way

    01/29/2016 12:59:16 PM PST · by MtnClimber · 47 replies
    Fores ^ | 28 Jan, 2016 | Ethan Siegel
    There are hundreds of high-velocity gas clouds moving at hundreds of km/s through the outskirts of our galaxy, mostly in stable orbits that keep them out of the galactic plane. They're typically irregularly shaped, thousands of light years across, and contain many millions of times the mass of our Sun. However, one such cloud, known as the "Smith Cloud" (above), is very different from all the others. It's much more distant, and it's moving towards us incredibly rapidly: at about 310 km/s, or around 700,000 miles per hour. And when I say it's moving towards us, it's projected to collide...
  • George Soros: 'Donald Trump Is Doing The Work Of ISIS'

    01/21/2016 5:49:10 PM PST · by VitacoreVision · 56 replies
    Forbes ^ | JAN 21, 2016 | Antoine Gara
    George Soros, the world's richest hedge fund billionaire, has no shortage of opinions when it comes to both politics and the global economy. Famed for making a billion dollars by "breaking" the Bank of England in 1992, Soros is in a semi-retirement, but his prognostications still move markets. And he remains a top contributor on the U.S. political scene, where he supports liberal candidates and causes. On Thursday evening at the World Economic Forum in Davos, Soros used a 45-minute interview with Bloomberg TV's Francine Lacqua to create an explosion of headlines on both the political and economic front. "Donald...
  • Flashback:Donald J.Trump interviewed by Steve Forbes

    01/03/2016 1:06:39 PM PST · by nikos1121 · 86 replies
    FORBES ^ | Aug 11, 2011 | Steve Forbes
    This is another example of an interview of a man who, like Reagan, has been consistent in his ideas, his solutions and his temperament. In the interview, he says that Ronald Reagan was our greatest president, he says if he would ever run for president it would be as a republican, he talks about China again.
  • The History of "Gold" Is Really The History Of The Gold/Silver Complex

    12/30/2015 4:02:25 AM PST · by expat_panama · 46 replies
    Forbes ^ | Dec 26, 2015 | Nathan Lewis
    Sometimes, funny-money promoters like to dangle the idea that the "gold standard," in U.S. or world history, was a short-lived episode dating from about 1870 to 1914, a period of only forty-four years. I take a rather different viewpoint, that gold (and its adjunct, silver) was the primary basis of monetary affairs around the world for millennia, stretching up to 1971. When we look at the history of monetary arrangements, we find that gold and silver were usually used together, in what I sometimes call the "gold/silver complex." The reality was that silver and gold traded in a tight band...
  • Why String Theory Is Not Science

    12/24/2015 6:40:17 AM PST · by C19fan · 44 replies
    Forbes ^ | December 23, 2015 | Ethan Siegel
    There are a lot of different ways to define science, but perhaps one that everyone can agree on is that it‚Äôs a process by which: 1.knowledge about the natural world or a particular phenomenon is gathered, 2.a testable hypothesis is put forth concerning a natural, physical explanation for that phenomenon, 3.that hypothesis is then tested and either validated or falsified, 4.and an overarching framework ‚ÄĒ or scientific theory ‚ÄĒ is constructed to explain the hypothesis and that makes predictions about other phenomena, 5.which is then tested further, and either validated, in which case new phenomena to test are sought (back...
  • CBS Hosts Baffled by Putin Beating Obama for Top Spot on Forbes ‚ÄėMost Powerful‚Äô List

    11/04/2015 6:05:56 PM PST · by Olog-hai · 60 replies
    NewsBusters ^ | November 4, 2015 | 1:03 PM EST | Kyle Drennen
    On Wednesday, while discussing Forbes magazine releasing its 2015 Most Powerful list, the hosts of CBS This Morning were perplexed by Russian president Vladimir Putin beating out President Obama for the top spot, with Obama only being number three on the list. Charlie Rose pressed Forbes assistant managing editor Luisa Kroll: "Make the case as to why Vladimir Putin is more powerful than President Obama." Kroll explained: "I think a lot has to do with how he exercises his power and his influence. Whether it's in Crimea or in the Ukraine, he's not afraid to go out and exercise his...
  • Carly Fiorina's Judgment Problem

    09/24/2015 7:07:13 AM PDT · by jimbo123 · 9 replies
    Forbes ^ | 5/5/15 | Nomi Prins
    For those of us that live in California, thereís a palpable deja vu in Carly Fiorinaís declaration to run for president on the Republican ticket. Smatterings of those late night TV advertisements are still sloshing around our brains. Her campaign positions her as the outsider, the embodiment of the American dream. As her website informs us, ďOnly in the United States of America can a young woman start as a secretary and work to become Chief Executive of one of the largest technology companies in the world.Ē Implicit in that leap is the kind of power that is a companion...
  • Trump to meet with Art Laffer and Steve Forbes to hammer out tax plan (video)

    08/13/2015 11:41:01 AM PDT · by RoosterRedux · 88 replies
    Youtube ^ | Neal Cavuto
    This was Neal Cavuto last night.
  • Puerto Rico Shows Greece Needs Ä50 Billion A Year: And Would Still Fail Even Then

    07/06/2015 12:21:37 AM PDT · by bob_denard · 4 replies
    Forbes ^ | 7/05/2015 | Tim Worstall
    Itís true, as Paul Krugman says, that Greece and Puerto Rico are not in exactly the same position. PR is bust to some extent, yes, but itís not in the middle of a catastrophe, as Greece is. However, there is also a similarity in their situations, one thatís extremely instructive. Theyíre both suffering from being in a monetary policy zone, a currency zone, that isnít really suitable for their circumstances. One of the two is in a fiscal policy union as well as that monetary union, the other is not. And itís long been agreed that if youíre to have...
  • Wall Street Costs The Economy 2% Of GDP Each Year

    05/31/2015 9:26:06 AM PDT · by dila813 · 59 replies
    Forbes ^ | 31-MAY-2015 | Steve Denning
    ďWall Street is back,Ē says the New York Times, and the economic cost is high. The excessive financialization of the US economy reduces the GDP by 2% every year, according to a new study by International Monetary Fund. Thatís a massive drag on the economyĖsome $320 billion per year. Wall Street has thus become, not just a moral problem with rampant illegality and outlandish compensation of executives and traders: Wall Street is a macro-economic problem of the first order.
  • Were Kerry's Ancestors Drug Runners?

    10/11/2004 8:03:33 PM PDT · by Tulsa Brian · 12 replies · 794+ views
    world i.q..com | 10/10/04 | unlisted
    Definition of Forbes family This article is about the Forbes family related to US Senator John Kerry. For information about the Forbes family associated with Forbes magazine, see Forbes family (publishers). -------------------------------------------------------------------------------- The Forbes family of China and Boston, of which US Senator John Forbes Kerry and John Murray Forbes are members, amassed a huge fortune in the China trade, initially trading North American furs and manufactured goods for tea and other goods from China. Forbes also made a considerable fortune smuggling opium during the Opium Wars. The British wanted to keep a monopoly on supplying the Chinese with opium...
  • Nailed It! Forbes Leaves Fortune and Wall Street (Journal) Behind

    03/30/2015 9:17:54 AM PDT · by SeekAndFind · 7 replies
    Townhall ^ | 03/29/2015 | Mark Skousen
    What amazed me about the latest ďBillionaireĒ issue of Forbes magazine was not the stories about the billionaires, but about Forbes itself. See the amazing graph below. For years weíve been told the print media is dead, that digital media (like Forbes.com, wsj.com, etc.) was the wave of the future. As the graph shows, Forbes magazine is not only surviving, but thriving, and now has 7 million readers. Yet Forbes is an outlier. The rest of the print media is going down, slowly but surely. In the past two years, circulation for Fortune, the Economist and even the mighty Wall...
  • EEOC Keeps Its Losing Streak Intact, Reinforces The Case Against Administrative Law

    03/04/2015 1:19:35 PM PST · by reaganaut1 · 6 replies
    Forbes ^ | March 4, 2015 | George Leef
    ... Last March I discussed the trip to the woodshed the agency endured in the Kaplan case when the Sixth Circuit slammed its ďexpert,Ē whose purported proof of statistical discrimination was seen to be laughable. The agency has just received similar treatment from the Fourth Circuit in EEOC v. Freeman Ė exactly the same sort of disparate impact case where a company used background checks to help screen out workers who might not be trustworthy, particularly in jobs involving the handling of money. The EEOCís view is that employers are not allowed to have a preference for workers who havenít...
  • Jordan, Other NBA Owners Join Forbes' Billionaire List

    03/03/2015 5:01:27 AM PST · by WhiskeyX · 9 replies
    ABC News ^ | Mar 2, 2015, 4:36 PM ET | Associated Press (AP)
    Michael Jordan and some other NBA owners have reached new heights, landing on Forbes world list of billionaires. Forbes released its list on Monday and noted that Jordan's net worth is estimated at $1 billion, thanks to his well-timed investment in the Charlotte Hornets.
  • What Scott Walker Actually Said (There was more to that dinner than Rudy Giuliani)

    02/21/2015 1:05:15 AM PST · by Cincinatus' Wife · 76 replies
    National Review Online ^ | February 20, 2015 | Larry Kudlow
    Yes, believe it or not, Wisconsin governor Scott Walker actually spoke at some length at the dinner this past week where Rudy Giuliani charged that President Obama doesnít love America. All the hullabaloo went to Giuliani, but in terms of the Republican presidential race, a number of Scott Walkerís pointed comments about policy and politicians are not to be missed. First a word about the dinner itself, which was generously backed by John Catsimatidis. It was the second event sponsored by the Committee to Unleash American Prosperity, a new group founded by Arthur Laffer, Steve Moore, Steve Forbes, and myself....
  • Primetime TV Shows That Flopped Find International Success On Viki

    12/31/2014 6:18:41 PM PST · by goldstategop · 54 replies
    Forbes ^ | 05/19/2014 | Rosa Trieu
    Primetime TV Shows That Flopped Find International Success On Viki As a global TV site, Viki doesnít just offer subtitles to make popular TV shows understandable, itís now helping shows that donít do well in their home countries capture loyal fans from unsuspecting places in the world. Filipino shows, for example, are finding success in Japan. When the Japanese film, ďTragedy of WĒ first aired in 1984, it flopped in its home country, but was a hit once it appeared on Vikióparticularly in Europe. Similarly, the Korean TV show, ďPlayful Kiss,Ē didnít take off in Korea initially, but is now...
  • Catching up with the losers: The '96 campaign and GOP lessons for 2016

    11/14/2014 12:35:07 PM PST · by 2ndDivisionVet · 13 replies
    CBS News ^ | November 14, 2014 | Jacqueline Alemany
    Twenty years ago, emboldened by Newt Gingrich's triumphant "Republican revolution" in the midterm elections, a raft of Republicans--some famous, some not so famous--readied their campaigns to take on a Democrat named Clinton in a race that may well echo in 2016, albeit with a different Clinton. The 1994 "Republican Revolution," had just taken hold, and Republican party scrambled for the GOP presidential nomination and the chance to take on President Bill Clinton in 1996. It turned out to be more difficult than some of those candidates anticipated. "My name-face recognition was pretty low," said former Indiana Sen. Richard Lugar, one...
  • Bill Gates Tops Forbesí Richest Americans List For 21st Straight Year

    09/29/2014 8:14:43 PM PDT · by SeekAndFind · 14 replies
    Headlines and Global News ^ | 09/29/2014 | Emily Morgan
    An American worth less than $1.55 billion could not land on this year's "The Forbes 400," the annual ranking for the richest people in America. The cut-off increase from last year's $1.3 billion disqualified 113 poor billionaires for this year's list. Bill Gates once again lorded over his fellow wealthy Americans for the 21st consecutive year with a healthy $81 billion, up $9 billion from 2013. He outpaced Warren Buffet ($67 billion), Larry Ellison ($50 billion) and the Koch brothers' Charles and David (each worth $42 billion) to round out the top five. Michael Bloomberg ($35 billion) managed to slide...
  • Obama Outperforms Reagan On Jobs, Growth And Investing

    09/09/2014 9:34:02 PM PDT · by jamndad5 · 56 replies
    Forbes ^ | Sept. 9th 2014 | Adam Hartung
    ĒPresident Reagan has long been considered the best modern economic President. So we compared his performance dealing with the oil-induced recession of the 1980s with that of President Obama and his performance during this ĎGreat Recession.í
  • House Republican Leaders Finally State The Obvious: Obamacare Isn't Going Anywhere

    04/29/2014 7:13:43 PM PDT · by SeekAndFind · 52 replies
    Forbes ^ | 04/29/2014 | Avik Roy
    For years, weíve heard Republicans claim that they want to ďrepeal and replaceĒ Obamacare with a better set of reforms. (What those reforms would exactly be, nobody can say for sure.) But there was always one critical problem with the ďrepeal and replaceĒ plan: it stands no chance of passage until at least 2017. By then, as many as 35 million people could be on Obamacare-sponsored coverage. A few Republican leaders have had the temerity to acknowledge this factóand thatís a good thing. By committing to repeal, Republicans damage their chances in 2016 Most pundits are focused on the likelihood...
  • How Obama's Justice Department Selectively Blocks Mergers By Republican CEOs

    04/14/2014 10:02:50 AM PDT · by navysealdad · 11 replies
    Forbes ^ | 4/14/2014 | Kerri Toloczko
    Like all mergers, the proposed $45.2 billion Comcast CMCSA +1.67% merger with Time Warner Cable TWC +1.3%óthe largest and second largest cable providers in the nationóhas its advocates and critics. There are certainly important questions about what impact the merger would have on consumersóbut there are equally significant issues associated with the highly politicized approval process. The Obama Department of Justice, led by Eric Holder, must review the merger and decide whether to approve or block it. Unfortunately, the Obama Administration and Justice Department have a long track record of pushing the rule of law aside and making decisions based...
  • Break Ukraine In Two (Civilized Divorce Alert)

    03/05/2014 1:13:39 PM PST · by goldstategop · 44 replies
    Forbes ^ | 03/05/2014 | Jay Hallen
    Should there be a western-leaning Ukraine going forward, it will not include Crimea. The U.S. and Western allies should concede this from the start, and perhaps other of Ukraineís 24 oblasts too. Crimea and its environs have little strategic value to the West, beyond the opportunity of denying them to Russia. But Russia holds all the leverage because they have the most at stake, and are the only ones willing to commit troops on the ground. Let Moscow annex these lands. Ukraine is better off without Crimea. Critics will no doubt deride this yielding as weak surrender, but it is...
  • Fukushima radiation cleanup: Send in the homeless?

    12/31/2013 8:55:19 PM PST · by Nachum · 6 replies
    Seiji Sasa hits the train station in this northern Japanese city before dawn most mornings to prowl for homeless men. He isn't a social worker. He's a recruiter. The men in Sendai Station are potential laborers that Sasa can dispatch to contractors in Japan's nuclear disaster zone for a bounty of $100 a head. "This is how labor recruiters like me come in every day," Sasa says, as he strides past men sleeping on cardboard and clutching at their coats against the early winter cold. It's also how Japan finds people willing to accept minimum wage for one of the...
  • How You Should Have Spent $100.00 In 2013 ( Hint: Bitcoin)

    12/28/2013 9:32:22 PM PST · by TsonicTsunami08 · 15 replies
    Forbes ^ | 12/26/2013 | Kashmir Hill
    If you could get in a time travel machine and head back to the beginning of the year, you would best do so with Bitcoin on the brain. We took a look at how the major tech stocks performed this year in comparison with digital currencies, and for comparisonís sake, threw in gold and the best of the staples, cocoa (thanks to chocolate eaters in Asia). You wouldnít have gone wrong with any of the tech stocks, but Bitcoin was far and away the best investment to make this year, even having fallen from its $1200 peak to its current...
  • The Three Q's Of ObamaCare: Quality, Quantity, And Quitting

    11/30/2013 9:57:28 AM PST · by Baynative · 5 replies
    Forbes ^ | 9/27/2013 | Ed
    Itís important to understand the impact Obamacare will have on your familyís healthcare. The most important effects can be covered with 3 Qís: Quality, Quantity, and Quitting.
  • Forbes Ranks Khamenei Above Netanyahu in Global Power List (barf alert)

    10/31/2013 1:41:57 PM PDT · by Dave346 · 5 replies
    Algemeiner ^ | October 31, 2013 9:53 am | Zach Pontz
    Consider it a very small victory for Iran. Forbesís latest ďThe Worldís Most Powerful PeopleĒ list places Iranís supreme leader, Ayatollah Ali Hosseini Khamenei, four spots higher than Israeli Prime Minister Benjamin Netanyahu. Khamenei, who comes in at #23 this year, a spot ahead of Facebook founder Mark Zuckerberg, actually dropped two places from last year, when he ranked #21. Reports that Khameneiís health is failing donít seem to have affected his status on the global stage. The supreme leader of the Islamic Republic, having final say on all domestic and foreign policy issues, has seen his country benefit from...
  • Forbes: Putin and Merkel Most Powerful People in the World

    10/31/2013 4:49:42 PM PDT · by lbryce · 17 replies
    European Observer ^ | October 31, 2013 | Valentina Pop
    Russian leader Vladimir Putin has trumped US President Barack Obama as the most powerful man in the world, while German Chancellor Angela Merkel retains her title as the world's most powerful woman, according to a yearly ranking published by Forbes magazine on Wednesday (30 October). With his signature healthcare legislation under fire, allies outraged over spying and a barely-averted default on US debt, Obama can no longer be seen as the most powerful man in the world, Forbes editors write. "It appears that President Obama's lame duck period has set in earlier than usual for a two-term president, causing him...
  • [Pope] Francis ranked fourth 'most powerful' person in world

    10/31/2013 2:45:27 PM PDT · by NYer · 13 replies
    cathnews ^ | October 31, 2013
    Pope Francis is the fourth "most powerful" person in the world according to American business magazine Forbes, which has just released the names of those it ranks as "the 72 most powerful people" on the planet, reports Vatican Insider. Forbes ranks him immediately after the Presidents of Russia, the USA and China.††It is a most extraordinary result for this humble leader of the Catholic Church who has never in his life sought position, power or status, has always lived as a poor man and, until his election as Pope used public transport, shuns mundane events and gives priority attention to...
  • Obama administration says ďDonít believe what youíve heardĒ from the following news sources

    10/27/2013 6:00:10 AM PDT · by grundle · 24 replies
    wordpress ^ | October 27, 2013 | Dan from Squirrel Hill
    Dan from Squirrel Hill's Blog Obama administration says ‚ÄúDon¬ít believe what you¬íve heard‚ÄĚ from the following news¬†sources On October 25, 2013, regarding the various criticisms of Obamacare, Health and Human Services secretary Kathleen Sebelius said:‚ÄúDon¬ít believe what you¬íve heard.‚ÄĚIn other words, the Obama administration says we shouldn‚Äôt believe the Washington Post, the New York Times, the San Francisco Chronicle, Associated Press, Reuters, CNN, MSNBC, ABC, CBS, NBC, PBS, NPR, Politico, the Wall St. Journal, the Christian Science Monitor, Investor‚Äôs Business Daily, Forbes, the BBC, Huffington Post, the Nation, Mother Jones, or New Republic.
  • If The Obamacare Rollout Had Happened In Russia

    10/23/2013 3:12:26 AM PDT · by cunning_fish · 2 replies
    Forbes ^ | October 22, 2013 | Mark Adomanis
    Imagining how the US media would cover a domestic political event if it had happened in a foreign country is a very entertaining thought experiment. Doing so helps shed light on a number of biases and blind spots weíd rather ignore. Itís very easy, after all, to look at other countries and poke fun at their missteps and mistakes. Itís a lot more difficult to look in the mirror and admit error. I fully understand that Iím following in the footsteps of numerous other writers when it comes to this particular style of article. However the disastrous and mistake-filled rollout...
  • Forbes: Obamacare website troubles are meant to weed out healthy middle class

    10/14/2013 9:59:55 PM PDT · by Nachum · 44 replies
    Daily Caller ^ | 10/15/13 | Josh Peterson
    The technical disasters of the Obamacare exchange debacle over the past two weeks are not an accident, but rather a way to disguise the costs of healthcare plans and weed out people who donít qualify for a federal subsidy, Forbes reports. Tech experts examining the Obamacare federal health exchange, Healthcare.gov, are becoming increasingly convinced that the traffic bottlenecks and site crashes experienced over the first two weeks were not by accident, wrote Forbes. An HHS spokesperson recently told The Wall Street Journal that implementation of a feature enabling users with the option to preview premiums was delayed as a way...
  • Forbes Releases Plan to Simultaneously Fund the Government and Dismantle Obamacare

    10/03/2013 9:35:42 AM PDT · by Maelstorm · 19 replies
    http://forbes.house.gov ^ | Oct 2, 2010 | Congressman Randy Forbes
    Congressman J. Randy Forbes (VA-04) today released a statement on his plan to both restart the federal government and deal a strategic blow to Obamacare: ďI hate Obamacare and I hate what the shutdown is doing to families across Virginia. Hereís my plan to address both: I am calling on the House to pass a funding measure to reopen all areas of the government except for the Internal Revenue Service. Not one penny for the IRS,Ē said Forbes. ďThe Internal Revenue Service is the teeth of Obamacare. Under the health care law, the IRS is undergoing massive expansions to hire...
  • Government Shutdown

    10/01/2013 11:20:22 AM PDT · by Maelstorm · 16 replies
    http://forbes.house.gov ^ | Congressman Randy Forbes
    Sometimes the morning after the game, it becomes clear that neither team played well the night before. Thatís the way many Americans must feel as they review the actions of Congress. Unfortunately, this is not a game and the poor play of both political parties is impacting the lives of hundreds of thousands of Americans. Last night I voted to support the third measure in 11 days to provide stopgap funding for the federal government. This measure required the President, Vice President, and political appointees to join Members of Congress and all congressional staff in obtaining health insurance through the...
  • Forbes calls pope a ďsocial media phenomenonĒ

    09/17/2013 5:58:49 AM PDT · by NYer · 5 replies
    The Deacon's Bench ^ | September 17, 2013 | Deacon Greg Kandra
    From columnist Tom Watson: Pope Francis Ė or @pontifex to his Twitter followers Ė has quickly become a social media phenomenon, adding five million followers since his installation six months ago. He is gaining more than 4,000 followers a day and knocking at the door of three million followers for his English language feed alone. Heís got more than eight million total on Twitter, tweeting in Latin, German, Polish, Spanish, French, Portuguese, Italian and Arabic.Small change, you say, for the 1.2 billion Roman Catholics worldwide? Perhaps in those terms Ė but Iíd have to point out that what matters in...
  • 100 Years After Woodrow Wilson, Mark Levin Pens A Brilliant Response

    09/08/2013 1:20:35 PM PDT · by Da Bilge Troll · 21 replies
    Forbes ^ | 9/08/2013 | Peter Ferrara
    One hundred years ago, Woodrow Wilson was leading a counterrevolution against the Constitution. Unfortunately, he was doing it from the White House, as President of the United States. The more things change, the more they stay the same. Wilson was one of the early leaders of the so-called Progressive Movement, which was an open conspiracy against the Constitution from the start. Former President of Princeton University, he had the haughty attitude of superiority that marks so-called ďProgressivesĒ to this day. He was so sure he was so much smarter than the Founding Fathers, who laid the careful foundations of the...
  • Simon Cowell and Howard Stern Top Forbes' List of Highest-Paid TV Personalities

    08/08/2013 2:11:48 PM PDT · by SeekAndFind · 27 replies
    eOnline! ^ | 08/08/2013
    Simon Cowell and Howard Stern apprently have more in common than just expressing how they truly feel about things. According to Forbes, which just released its list of the highest-paid TV personalities, each of them pulled in the most money between June 2012 and June 2013. In fact, Cowell and Stern tied for the top spot, both with estimated earnings of $95 million. Not too far behind is another outspoken individual. Conservative talk show host Glenn Beck, whose Internet program The Blaze has been a huge hit since it debuted in 2011, raked in an estimated $90 million to place...
  • Why Forbes Removed 4 Schools From Its America's Best Colleges Rankings

    07/28/2013 7:29:40 PM PDT · by SeekAndFind · 13 replies
    Forbes ^ | 07/28/2013 | Abram Brown
    Sometime in 2004 Richard C. Vos, the admission dean at Claremont McKenna College, a highly regarded liberal arts school outside Los Angeles, developed a novel way to meet the school presidentís demands to improve the quality of incoming classes. He would simply lie. Over the next seven years Vos provided falsified dataĖthe numbers behind our ranking of Claremont McKenna in Americaís Top CollegesĖto the Education Department and others, artificially increasing SAT and ACT scores and lowering the admission rate, providing the illusion, if not the reality, that better students were coming to Claremont McKenna. He got away with it thanks...
  • Forbes apologizes for calling Irish president gay

    07/24/2013 3:27:51 PM PDT · by Olog-hai · 8 replies
    Associated Press ^ | Jul 24, 2013 3:02 PM EDT
    Financial news publisher Forbes says itís apologizing to Irelandís president for inaccurately describing him as gay in an online article. The New York-based media company pulled the offending piece from its website Wednesday and replaced it with an apology to readers and, indirectly, to President Michael D. Higgins. Ö The article, posted Tuesday by Ireland-based blogger David Monagan, called Higgins an ďacknowledged homosexual.Ē Higgins, a poet and intellectual who supports gay rights, was elected as Irelandís ceremonial head of state in 2011. Ö
  • Forbes List Shows Liberals Dominate Influential Media Spots By 9-to-1

    07/04/2013 1:41:28 PM PDT · by NYer · 6 replies
    mrc ^ | July 3, 2013 | Kristine Marsh
    Which celebrities make the most money and get the most interviews and other attention from the media? Nearly all of them are liberal Democrats. At least according to a new list by Forbes, called ďthe†Celebrity 100.ĒForbes explained how they rank the celebrities: ďWe factor in celebrity earnings over the last 12 months, but we also tally how often each celebrity is mentioned in print and on TV, and gauge the strength of their Internet presence and how theyíre viewed by a critical constituency: American consumers.Ē In other words, how much love they get from the media also translates to how...
  • Never Give Stores Your ZIP Code. Here's Why

    06/27/2013 2:12:21 PM PDT · by Altariel · 78 replies
    Forbes ^ | June 19, 2013 | Adam Tanner
    Why do merchants sometimes ask us for our ZIP code when we buy something? I recently visited the Mob Museum in Las Vegas, an interesting addition to Sin Cityís attractions. I paid my admission with a credit card, prompting the museum ticket seller to ask me: ďWhatís your ZIP code?Ē When I paused for a moment, she added: ďItís for marketing purposes.Ē As much as I had heard good things about the museum, I was unlikely to return soon as I live far from Las Vegas, so I was not anxious to receive subsequent marketing. She said it was okay...
  • The Amazing Margaret Thatcher: We Desperately Need More Leaders Like Her

    04/09/2013 6:19:09 AM PDT · by SeekAndFind · 8 replies
    Forbes ^ | 04/09/2013 | Steve Forbes
    Along with Ronald Reagan and Pope John Paul II, Margaret Thatcher was a giant of our era and, indeed, of history. These three leaders brought about the fall of Soviet communism and the resurgence of political and economic liberty around the world. Like Reagan, Thatcher was one of those rare individuals who was both a movement leader and an effective political leader. It is one thing to have firm ideas, quite another to have the skills to bring them into being and for them to endure after you leave office. The current economic crisis has put Margaret Thatcherís ideas and...