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Keyword: forbes

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  • 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 €50 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
    It’s 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 it’s not in the middle of a catastrophe, as Greece is. However, there is also a similarity in their situations, one that’s extremely instructive. They’re both suffering from being in a monetary policy zone, a currency zone, that isn’t 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 it’s long been agreed that if you’re 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
    “Wall Street is back,” 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. That’s a massive drag on the economy–some $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 | 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 “Billionaire” issue of Forbes magazine was not the stories about the billionaires, but about Forbes itself. See the amazing graph below. For years we’ve been told the print media is dead, that digital media (like,, 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 “expert,” 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 – 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 EEOC’s view is that employers are not allowed to have a preference for workers who haven’t...
  • 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 doesn’t love America. All the hullabaloo went to Giuliani, but in terms of the Republican presidential race, a number of Scott Walker’s 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 doesn’t just offer subtitles to make popular TV shows understandable, it’s now helping shows that don’t 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, “Tragedy of W” first aired in 1984, it flopped in its home country, but was a hit once it appeared on Viki—particularly in Europe. Similarly, the Korean TV show, “Playful Kiss,” didn’t 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 Forbes’ 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
    ”President 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 ‘Great Recession.’
  • 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, we’ve heard Republicans claim that they want to “repeal and replace” 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 “repeal and replace” 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 fact—and that’s 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%—the largest and second largest cable providers in the nation—has its advocates and critics. There are certainly important questions about what impact the merger would have on consumers—but 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 Ukraine’s 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 comparison’s sake, threw in gold and the best of the staples, cocoa (thanks to chocolate eaters in Asia). You wouldn’t 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
    It’s important to understand the impact Obamacare will have on your family’s healthcare. The most important effects can be covered with 3 Q’s: 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. Forbes’s latest “The World’s Most Powerful People” list places Iran’s 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 Khamenei’s health is failing don’t 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 “Don’t believe what you’ve heard” 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 “Don’t believe what you’ve heard” from the following news sources On October 25, 2013, regarding the various criticisms of Obamacare, Health and Human Services secretary Kathleen Sebelius said:“Don’t believe what you’ve heard.”In other words, the Obama administration says we shouldn’t 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’s 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 we’d rather ignore. It’s very easy, after all, to look at other countries and poke fun at their missteps and mistakes. It’s a lot more difficult to look in the mirror and admit error. I fully understand that I’m 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 don’t qualify for a federal subsidy, Forbes reports. Tech experts examining the Obamacare federal health exchange,, 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 ^ | 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: “I hate Obamacare and I hate what the shutdown is doing to families across Virginia. Here’s 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,” said Forbes. “The 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 ^ | Congressman Randy Forbes
    Sometimes the morning after the game, it becomes clear that neither team played well the night before. That’s 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 “social media phenomenon”

    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 – or @pontifex to his Twitter followers – 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. He’s 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 – but I’d 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 “Progressives” 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 president’s demands to improve the quality of incoming classes. He would simply lie. Over the next seven years Vos provided falsified data–the numbers behind our ranking of Claremont McKenna in America’s Top Colleges–to 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 it’s apologizing to Ireland’s 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. … The article, posted Tuesday by Ireland-based blogger David Monagan, called Higgins an “acknowledged homosexual.” Higgins, a poet and intellectual who supports gay rights, was elected as Ireland’s ceremonial head of state in 2011. …
  • 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 “the Celebrity 100.”Forbes explained how they rank the celebrities: “We 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 they’re viewed by a critical constituency: American consumers.” 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 City’s attractions. I paid my admission with a credit card, prompting the museum ticket seller to ask me: “What’s your ZIP code?” When I paused for a moment, she added: “It’s for marketing purposes.” 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 Thatcher’s ideas and...
  • Modern Science Writers Leave Science Behind

    12/29/2012 2:12:28 PM PST · by neverdem · 42 replies
    Pacific Standard ^ | December 28, 2012 | Alex B. Berezow
    The co-author of a book on partisan science recently examined by Pacific Standard argues that our reviewer was a little too partisan himself. Any book that touches upon politics almost automatically angers half of the American public, regardless of what is written inside of it. It takes a special person—an objective, open-minded and self-critical one—to read and learn from a science book that criticizes people with whom the reader likes and agrees with politically.Recently, Pacific Standard published a review (“Red Science, Blue Science,” January/February 2013) by Wray Herbert, a pop psychology writer,of political writer Chris Mooney’s book The Republican Brain...
  • That’s Weird?… Forbes ‘Manchurian Candidate’ Article on Obama Disappears Down the Memory Hole

    04/04/2013 8:24:54 PM PDT · by Nachum · 13 replies
    Gateway Pundit ^ | 3/25/12 | Jim Hoft
    Earlier today Forbes posted an excerpt from the book Hope Is Not a Strategy by John Mariotti and D. M. Lukas. The author provided an excerpt from the book for the article where he describes Barack Obama as a “manufactured candidate” whose history remains sealed. Mariotti then calls Obama the “Manchurian candidate.” But, after the article was posted for a few hours it suddenly disappeared down the memory hole. Here is the original article. “There is something very wrong when the sitting president refuses to divulge huge pieces of information about his background. What is he hiding? Maybe the “birthers”...
  • Forbes: Cubs most profitable team in baseball

    03/27/2013 3:44:23 PM PDT · by Beave Meister · 16 replies
    The Chicago Tribune ^ | 3/27/2013 | Paul Sullivan
    MESA, Ariz. -- The Cubs are the fourth most valuable franchise in the major leagues at $1 billion, according to Forbe's annual valuation of all 30 teams. Forbes also estimates the Cubs had an operating income of $32.1 million last year, making them the most profitable team in baseball. Operating income was based on earnings before interest, taxes, depreciation and amortization. The business magazine said the Cubs figure to be in even better shape after 2014, when they can opt out of their WGN-TV deal and sign a more lucrative contract. Forbes said the Cubs made less than $50 million...
  • Al Gore Praises Al Jazeera, Slams US Networks

    03/22/2013 1:48:40 PM PDT · by illiac · 14 replies
    NewsMax (I know) ^ | 3/22/13 | Lisa Barron
    The Arabic news channel Al Jazeera provides a high quality “honest-to-goodness” service that compares well with U.S. cable news networks, former vice president Al Gore has claimed, Forbes reports. “You have heard me be very critical of American television journalism,” Gore said at the South by SouthWest festival in Austin, Texas, on Thursday, as he was asked about selling his Current TV channel to the Qatar-based network.
  • Prince Alwaleed bin Talal insulted at only being No 26 on Forbes rich list

    03/06/2013 8:05:25 AM PST · by MeneMeneTekelUpharsin · 11 replies
    The Guardian ^ | 5 March 2013 | Simon Neville and Josephine Moulds
    For most people, even featuring in the Forbes list of the world's billionaires would be cause for celebration, but for Prince Alwaleed bin Talal of Saudi Arabia, appearing at number 26 with $20bn (Ł15bn) was an insult. The prince, one of the most influential businessmen in the Middle East, insists the list undervalues him by $9.6bn. He has vowed to sever all ties with the group's reporters and accused them of damaging US-Saudi relations. In response, the editor of the influential list has written a stinging rebuke saying the prince considers a top-10 ranking one of his priorities, systematically exaggerates...
  • Detroit and Flint Top Forbes’ List of Most Miserable US Cities and Their Housing Bubbles

    02/23/2013 10:46:29 AM PST · by whitedog57 · 7 replies
    Confounded Interest ^ | 02/23/2013 | Anthony B. Sanders
    I always enjoy reading Forbes’ list of best and worst, particularly when it comes to cities. For 2013, Forbes ranks Detroit and Flint as the most miserable cities in the US. Most of the cities on Forbes top 20 list are in the northeast US and in the Inland Empire of California. Here is a chart comparing Detroit, Chicago and, for comparison sake, Washington DC in terms of house prices. Since 2000, Detroit is actually worse off, Chicago is just above 2000 levels and Washington DC remains elevated. So, Detroit is indeed miserable in terms of housing. If we compare...
  • Steve Forbes: Nothing Wrong With Kicking Can Down Road

    12/15/2012 6:11:21 PM PST · by Olog-hai · 20 replies
    Newsmax ^ | Saturday, 15 Dec 2012 12:04 PM | Sandy Fitzgerald and John Bachman
    Former presidential hopeful, Steve Forbes said he believes Republicans would be best served postponing “everything” before passing any laws to avoid the looming fiscal cliff. “Just say everything stays the same for another three months, six months because early next year it will be apparent that doing harm to this economy is not going to be a smart thing to do,” Forbes said in an exclusive interview with Newsmax.TV. “The president hopes to ram this through before the shakiness of the economy becomes evident to the voters.” …
  • Why Mitt Romney Deserved To Lose The Election

    11/15/2012 6:53:41 AM PST · by SeekAndFind · 76 replies
    Forbes ^ | 11/15/2012
    In an article published in 2001, Jude Wanniski, the author of The Way the World Works, noted that since 1896, only Republican presidential candidates running on “pro-growth” platforms have won. Republicans advocating “austerity” have invariably lost. With the defeat of Mitt Romney, the election of 2012 continued this pattern, with one addition. Republican presidential candidates offering clueless confusion also lose. Democracies tend to evolve two political parties, a party of economic growth and a party of income redistribution. If a credible plan for economic growth is offered, the people will vote for it, provided that it does not involve crushing...
  • Job Killers: A Rogues' Gallery

    10/31/2012 9:22:37 AM PDT · by ExxonPatrolUs · 3 replies
    Forbes ^ | 10/22/2012 | William Baldwin
    Employers chopped 8.7 million jobs during the recession. Is it possible they overdid it—and that’s why the recovery is so terrible? If this theory is correct, then we have a third set of culprits for the dismal state of the economy today. Two causes we can all agree on: the bursting of the home price bubble and the collapse of spending by over-indebted consumers. The third reason for the weak recovery would be that employers are messing up. They have been too quick to fire workers and too slow to hire.
  • Why We Still Need a Carbon Tax

    09/28/2012 8:45:20 AM PDT · by Sir Napsalot · 34 replies
    Forbes ^ | 9-27-2012 | Adam Ozimek
    .... I am a proponent of carbon taxes. One criticism of this policy that you hear, for instance here from Noah Smith, is that they are pointless because you need international cooperation to make a real dent. But among non-tradeable goods this is not really the case. We don’t have to worry about transportation shifting abroad, since you can’t really outsource driving your car or shipping a package. And this matters, as transportation accounts for 70% of U.S. fuel consumption, and 30% of U.S. greenhouse gases. But even if carbon taxes are problematic, surely higher gas taxes are a good...
  • Obama 's Accelerating Downward Spiral For America (Some Facts from Forbes Mag)

    09/03/2012 12:46:54 AM PDT · by Innovative · 9 replies
    Forbes ^ | Sept 2, 2012 | Peter Ferrara
    New income data from the Census Bureau reveal what a great job Barack Obama has done for the middle class as President. During his entire tenure in the oval office, median household income has declined by 7.3%. In January, 2009, the month he entered office, median household income was $54,983. By June, 2012, it had spiraled down to $50,964. That's a loss of $4,019 per family, the equivalent of losing a little less than one month's income a year, every year. And on our current course that is only going to get worse not better. Obama never tires of telling...
  • 10 Smart Things I've Learned from People Who Never Went to College

    08/07/2012 12:28:50 PM PDT · by ExxonPatrolUs · 34 replies
    Forbes ^ | 8/02/2012 | David DiSalvo
    1.  You can learn something useful from anyone. 2. If quality slips, it really doesn’t matter how good your ideas were. 3. Don’t ever let a bully intimidate you – not even once. 4. Reciprocity is the name of the relationship game and always will be. 5. Learning is good; Doing is better. 6. Kindness isn’t optional. 7. You can survive anything 8. Get a dog. 9. Money is important, but experience is invaluable. 10. Just be ready.
  • Yes, Free Market Economists Can Support a 70% Tax Rate

    08/03/2012 4:24:22 PM PDT · by ExxonPatrolUs · 16 replies
    Forbes Modeled Behavior Blog ^ | 7/13/2012 | Karl Smith & co-blogger Adam
    Karl Smith’s co-blogger Adam asks ... [Is] being “free-market” compatible with the belief that a government should set top marginal tax rates to maximize revenue? If your argument is that the government should extract the maximum revenue from high income tax payers so as to reduce the tax payments on lower income tax payers then there is nothing in this that violates free market economics. Free market economists who also support a welfare state, are also conceding that taxes should be collected so as to mitigate the consequences of market outcomes on lower income people. Note, for example, that arguing...
  • The Cult of Chick-fil-A

    08/03/2012 12:26:40 PM PDT · by ExxonPatrolUs · 50 replies
    Forbes ^ | 07.23.07 | Emily Schmall
    Yadkowski, 33, came to Chick-fil-A when he was living in a group foster home created by Chick-fil-A founder and chairman S. Truett Cathy. "I tell the kids, 'This is not just selling sandwiches; it pays for your upbringing,'" says Yadkowski, a hardworking, happily married Southern Baptist who plans to work with Chick-fil-A for life. But Danielle Alderson, 30, a Baltimore operator, says she can't hire a good manager who, say, moonlights at a strip club because it would irk the company. "We are watched very closely by Chick-fil-A," she says. "It's very weird." Is it legal? There are no federal...
  • Dear President Obama, You Can't Create Growth, But You CAN Suffocate It

    07/24/2012 8:11:43 AM PDT · by SeekAndFind · 10 replies
    Forbes ^ | 07/24/2012 | Ralph Benko
    President Obama recently generated a furor with his speech in Roanoke, Virginia, in which he stated: "… If you were successful, somebody along the line gave you some help. … If you’ve got a business — you didn’t build that. Somebody else made that happen." This has created fury from the right and unease from the center, as well it should. The fury and unease arise because this statement represents a grotesque distortion of an important truth, even more troubling than a downright lie. Later in the speech Obama paraphrases the Declaration of Independence, subtly distorting it and deeply subverting...
  • Does the Flag Still Wave?

    07/23/2012 5:09:52 AM PDT · by upbeat5 · 9 replies
    Hal Lindsey Report ^ | 7/20/2012 | Hal Lindsey
    Does our flag still wave?