Keyword: funds

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  • The Charade of the Climate Change Charlatans on Parade

    05/13/2016 8:57:41 AM PDT · by Sean_Anthony · 4 replies
    Canada Free Press ^ | 05/13/16 | Megan Barth
    Hijacking the Environmental Movement What makes 350 so devious, is that they hijack public emotions (and ignorance) using phony “divestment” as a disorganizing tool to redirect activism away from effective work.—Jay Taber A coalition of environmental activist groups, led by 350.org, is promoting a series of “Break Free From Fossil Fuels” training sessions and protests during May 4-15, 2016, at locations involved in fossil fuel production or transportation. The protests will occur at key sites related to production and transport of fossil fuels, including rail lines and yards, in the United States and Canada. The problem? 350.org only cares about...
  • Romney's Latest Money Scheme

    03/03/2016 5:19:18 PM PST · by true believer forever · 35 replies
    The Boston Phoenix ^ | April 12, 2012 | David Bernstein
    This week, the Romney campaign and the Republican National Committee (RNC) established a joint-fundraising account, "Romney Victory Inc." The idea is that donors can write one big check to the joint account, which can then be divvied up between Romney's campaign committee and the RNC. According to Romney Victory fundraising documents, the first $5000 in an individual's contributions to Romney Victory will go to the Romney campaign (the $2500 maximum for use in the primary campaign, which technically runs through the convention, and the $2500 maximum for the general election). The next $30,800 goes to the RNC, again the maximum...
  • President Obama Wants More Funds To Feed Low-Income Kids In Summer

    01/27/2016 3:06:45 PM PST · by BenLurkin · 24 replies
    npr ^ | 01/27/2016 | pam fessler
    The president will propose in his 2017 budget next month that families who qualify for subsidized school meals be given a special electronic benefits card that will allow them to buy an additional $45 in groceries per child each month when school is out. ... The USDA, states and nonprofit groups have been trying for several years now to figure out how to boost participation in a summer feeding program. They've experimented with offering free meals at camps and libraries, where children are likely to show up. And they're using food trucks to deliver meals to more remote areas. ......
  • Carson's finance chairman resigns

    01/14/2016 8:49:09 AM PST · by GIdget2004 · 10 replies
    The Hill ^ | 01/14/2016 | Ben Kamisar
    Ben Carson's finance chairman resigned early Thursday hours after the release of a critical news story that questioned his lofty salary and other spending as rising costs cut into the former pediatric neurosurgeon's Republican presidential campaign's bottom line. A statement from the campaign announced the departure of Dean Parker, who panned the report. "It has been a great honor to serve alongside Dr. Carson as he seeks the office of President of the United States," Parker said. "While current allegations towards me are misrepresentations, my primary goal is to help Dr. Carson save our nation. I am excited about the...
  • Forcing Green Politics on Pension Funds

    11/20/2015 9:57:34 AM PST · by JeepersFreepers · 14 replies
    The Wall Street Journal ^ | November 18, 2015 | Andy Kessler
    Last month the Obama administration's Labor Department issued Interpretive Bulletin 2015-01, which tells pension funds what factors to use when choosing investments, including climate change. Only a few tax lawyers noticed, but with U.S. pensions at $9 trillion, this is a gross power grab that will hurt the retirees it claims to protect. This government is essentially saying: Don't you dare invest in anything that causes or is hurt by climate change, or you'll be sued for failing your fiduciary responsibilities. Energy, utilities and industrials are 20% of the market. How can pension funds now own any of them? Pushing...
  • Missing Money? Report questions how states spent ObamaCare funds (Pelosi knew)

    10/25/2015 4:17:06 AM PDT · by Libloather · 19 replies
    Fox News ^ | 10/25/15 | Hollie McKay
    **SNIP** About $4.6 billion was given to these 17 recipients, including California, New York, Washington state and Kentucky. But the GAO report found that so far, just $1.4 billion of that has been spent on IT projects, and a total of $3 billion has been “spent or drawn down,” though not all the spending is detailed. That, then, leaves at least $1.6 billion unaccounted for. Yet only three states returned any portion of the money – a total of just over $1 million was given back. “[T]he specific amount spent on marketplace-related projects was uncertain, as only a selected number...
  • McCain: The Most Reprehensible of the Keating Five

    07/19/2015 11:48:10 AM PDT · by HarleyLady27 · 21 replies
    Phoenix newstimes.com ^ | Nov 29, 1989 | Tom Fitzpatric
    You're John McCain, a fallen hero who wanted to become president so desperately that you sold yourself to Charlie Keating, the wealthy con man who bears such an incredible resemblance to The Joker. Yes this was written in 1989, but has John McCain changed that much????
  • Fossil Fuel Investments Yield Big Returns for State Pension Funds

    05/19/2015 2:09:00 PM PDT · by MichCapCon · 3 replies
    Michigan Capitol Confidential ^ | 5/15/2015 | Tom Gantert
    The oil and gas industry has been one of the better investments made by Michigan’s two largest government employee pension funds, according to a recent report by Sonecon LLC, a Washington D.C. economic advisory firm. The report examined the combined investment returns of Michigan's separate pension funds for school and state employees. Together, their investments in oil and natural gas companies gave a rate of return that was 37 percentage points higher than the return on all of their investments. Oil and gas investments outpaced investments in other industries by 43 percentage points. Due to chronic underfunding, both pension funds...
  • Ex-Sen. Yee pays $128,000 in campaign funds to lawyers since indictment (shoulder fired missiles)

    02/03/2015 4:42:35 PM PST · by Libloather · 8 replies
    LA Times ^ | 2/03/15 | Patrick McGreevy
    Former state Sen. Leland Yee’s campaign committee for last year’s secretary of state race has spent $128,000 on attorney's fees since he was indicted on federal corruption charges, he reported this week. The practice is legal, but one ethics expert said it should be restricted. "Unfortunately California’s relatively weak restrictions on the use of surplus campaign funds mean that politicians can turn these accounts into personal slush funds," said Sarah Swanbeck, an advocate for the group Common Cause.
  • There is No Stealing in Baseball!

    04/13/2014 6:03:19 AM PDT · by afraidfortherepublic · 17 replies
    The Daily Beast ^ | 4-13-14 | Michael Daly
    From manicures to motorcycles, four Little League crooks in three states used team funds for more than baseballs, bats and celebratory ice cream cones. Thanks to community kindness, it’s still game-on this spring. With the start of a new baseball season comes a disheartening stat that makes you worry not just for the national pastime, but for the nation itself: In less than a year, four little league presidents have been charged with looting their organization's treasury. The thefts left three of the leagues in such sorry financial shape that it seemed the kids might not be able to play...
  • Funds for West Texas Relief Withheld

    For most of the world, the tragedy in West, Texas that began with the explosion of the fertilizer plant, ended with a remarkable outpouring of support from fellow Texans and friends far away, raising money and sending more supplies than the town could handle. With over $3 million funds donated, everything seemed on track for a fast recovery and rebuild.
  • Teachers’ Pensions Are a Half-Trillion Short

    12/15/2012 4:14:14 PM PST · by Libloather · 39 replies
    National Review ^ | 12/14/12 | Kevin D. Williamson
    Teachers’ Pensions Are a Half-Trillion ShortBy Kevin D. Williamson December 14, 2012 11:15 A.M. The habitual overpromising and underfunding of government-employee pensions is a fiscal powder keg in an economy full of sparks — and a new report estimates that teachers’ pensions alone are underfunded by nearly a half-trillion dollars. **SNIP** Note that the savings per teacher derived from the reform of eligibility rules runs $450,000, or more than two and a half times the average net worth of a retirement-age U.S. household. The real value of the average teacher’s retirement benefits in low-cost Wyoming is pushing the $1 million...
  • S.F., Oakland drop bid for U.S. school funds

    10/30/2012 8:29:48 AM PDT · by SmithL · 8 replies
    San Francisco Chronicle ^ | 10/30/12 | Jill Tucker
    Stuck in a standoff with teachers unions, the San Francisco and Oakland school districts have abandoned efforts to bring in up to $15 million each to develop high-quality math classes for upper-elementary and middle school students. The two districts spent months preparing a joint application for the next round of federal Race to the Top funding - which required districts to incorporate student test scores, among other criteria, in teacher evaluations. And because of that critical clause, union leaders refused to sign, as required by the federal application.
  • Romney Outspending Obama On TV In Swing States

    10/12/2012 7:53:26 AM PDT · by Signalman · 15 replies
    Dick Morris ^ | 10/11/2012 | Dick Morris
    This week, thanks to a big increase in its television spending, Mitt Romney has turned the tables on the president and now is spending more on television advertising in the swing states. Buoyed by a 64% increase in his television spending (vs. only 2% for Obama) Romney is spending $22.4 million on ads in Florida, Virginia, Ohio, Colorado, Iowa and Nevada compared to $17.5 million for President Obama. In the previous week — and for several weeks before that — Obama had a spending edge. In the week of October 1st, Obama outspent Romney by $17.2 to $14.8 million. This...
  • Exclusive: Senior MF Global Executive Said Corzine Knew About Misuse of Funds (Jail-time Jonny?)

    09/12/2012 2:30:59 AM PDT · by Libloather · 18 replies
    Fox Business ^ | 9/11/12 | Charlie Gasparino
    Exclusive: Senior MF Global Executive Said Corzine Knew About Misuse of FundsBy Charlie Gasparino Published September 11, 2012 FOXBusiness In the days following MF Global’s stunning implosion last year, a senior executive at the firm made a startling concession to investigators looking into both the company’s demise and the loss of more than $1 billion in customer money, according to people with direct knowledge of the matter. MF Global’s chief financial officer for North America, Christine Serwinski, told investigators that her boss, MF Global’s chief executive, Jon Corzine, was well aware of the use and possible misuse of the customer...
  • Wanggaard could raise unlimited funds if he sues

    07/10/2012 5:04:39 AM PDT · by afraidfortherepublic · 15 replies
    JS ONLINE ^ | 7-10-12 | Alison Bauter
    Madison - Racine Republican Sen. Van Wanggaard can continue raising unlimited campaign funds if he chooses to seek a lawsuit challenging his loss in the June 5 recall, the state Government Accountability Board said Monday. Wanggaard told WTMJ-AM (620) radio host Charlie Sykes on Monday that challenging the results would cost between $100,000 and $200,000. That money would come from the senator's campaign fund, according to accountability board staff counsel Michael Haas. A quirk in election law that allows elected officials to raise unlimited funds in the event of a recount would still be in place should Wanggaard seek a...
  • Chicago hedge fund manager switches from 2008 Obama fan to Romney backer

    06/15/2012 9:18:31 AM PDT · by Lucky9teen · 6 replies
    http://www.suntimes.com ^ | June 14, 2012 9:48PM | ABDON M. PALLASCH
    Four years ago, hedge fund manager Ken Griffin was impressed enough with Barack Obama that he invited him to speak to his employees and helped raise $50,000 to $100,000 for his presidential run. Griffin also hedged his bets by raising a similar amount for Republican John McCain. But this year, Griffin — ranked by Forbes as Chicago’s fifth-richest man — and his wife Anne, a French-born hedge fund manager herself, are all in with Republican presidential candidate Mitt Romney, telling friends and interviewers they think Romney will better manage the economy. They co-sponsored a $3.3 million fund-raiser on Obama’s home...
  • Recall-targeted senators say they collectively have $734,000 for campaigns

    01/20/2012 2:55:21 AM PST · by afraidfortherepublic · 5 replies
    The four Republican Wisconsin state senators targeted for recall said Thursday that collectively they have about $734,000 in the bank to fight efforts to remove them from office. ~snip~ Recall organizers submitted more than enough signatures on Tuesday to force elections in all four districts. State elections officials are in the process of verifying those signatures, which could take months. It's not known when any elections may be but most expect them to be in the spring or summer. Under state law, anyone targeted for recall can raise unlimited amounts until an election is certified. In regular elections, donations are...
  • Motorists Paying for Bike Paths, Museums

    12/29/2011 9:13:04 AM PST · by MichCapCon · 22 replies · 1+ views
    Capitol Confidential ^ | 12/29/2011 | Russ Harding
    Where I live outside of Lansing, there are new bike paths sporting shiny asphalt, but the roads are crumbling. Motorists might be surprised to learn that of the 18.4 cents per gallon of federal gas tax they pay at the pump, only about 11 cents goes to maintain highways and bridges. According to federal law, about 10 percent of federal highway funds must be used for projects such as highway beautification and transportation museums. According to a new National Center for Policy Analysis report, “Paying for Pet Projects at the Pump,” the Federal Highway Administration also allocates gas tax revenues...
  • E-Mail Clues in Tracking MF Global Client Funds

    12/21/2011 6:18:51 AM PST · by Libloather · 14 replies · 1+ views
    NY Times ^ | 12/20/11 | BEN PROTESS and AZAM AHMED
    E-Mail Clues in Tracking MF Global Client FundsBy BEN PROTESS and AZAM AHMED December 20, 2011, 9:00 pm Federal authorities investigating the collapse of MF Global have uncovered e-mails that detail the transfers of money in the firm’s last days, including transfers that contained customer money, according to people close to the investigation. One e-mail chain refers to the transfer of roughly $200 million that MF Global owed JPMorgan Chase on Oct. 28 — the firm’s last business day before it filed for bankruptcy. In that chain, a senior official in the firm’s Chicago office was told to make the...
  • Corzine 'stunned' that MF Global couldn't find missing funds

    12/08/2011 7:05:09 PM PST · by Texas Fossil · 69 replies
    LA Times Blog ^ | December 8, 2011 | 11:40 am | None stated
    As the first former U.S. senator to be subpoenaed by Congress in more than a century, Jon Corzine testified Thursday about the “last chaotic days” of MF Global, the trading firm that declared bankruptcy under his watch. Corzine said he was “stunned” to learn that the firm could not locate hundreds of millions of dollars in client money in the days before the firm’s collapse, and said he had no idea where the money had gone.
  • Penn State alum raising (legal defense) funds for Sandusky

    11/12/2011 6:14:23 AM PST · by Libloather · 190 replies · 2+ views
    Penn State alum raising funds for SanduskyTribune News Services 2:06 p.m. CST, November 11, 2011 Sam Stellatella, a three-position player in the 1950s for Penn State, is trying to raise funds for Jerry Sandusky's legal defense. Stellatella has donated money and has urged other former players to do the same. "I told him he's going to need a million dollars to defend himself," the 73-year-old Stellatella told the Associated Press. "He called me back and said, `What am I going to do with this money?' I said, `Use it for your lawyer because you're going to need it.'"
  • Herman Cain Only Has "Several Hundred Thousand Dollars" In The Bank

    10/14/2011 8:10:46 AM PDT · by SeekAndFind · 105 replies
    Business Insider ^ | 10/14/2011 | Glynnis MacNicol
    Herman Cain may be the front-runner in the polls but he is way, way behind in the funds. Last night on Erin Burnett's show Cain revealed he only has a several hundred thousand dollars in the bank. Yes, several hundred thousand. "For the quarter, we will report, first of all, no debt. You see, I run this very tight, like a start-up business, because that's my nature as a businessman. And we are going to have -- we will report at the end of the quarter several hundred thousand dollars in cash on handled. Within the last week or so,...
  • Feinstein campaign sues bank, ex-treasurer (RAT Kinde Durkee) over missing funds

    09/23/2011 8:27:58 PM PDT · by Libloather · 17 replies · 1+ views
    Reuters ^ | 9/23/11 | Mary Slosson
    Feinstein campaign sues bank, ex-treasurer over missing fundsBy Mary Slosson LOS ANGELES | Fri Sep 23, 2011 9:59pm EDT LOS ANGELES (Reuters) - Senator Dianne Feinstein's campaign sued its former treasurer and the First California Bank on Friday, seeking the return of millions of dollars in missing funds the campaign believes were embezzled. Campaign officials said the action came after the bank failed to provide the campaign access to its own account records when a tangle of unauthorized money transfers and co-mingling of funds was unearthed. The irregularities were spread across 400 bank accounts and dozens of organizations over a...
  • Saudi funds UNHCR for building 1,000 shelters in Orakzai

    09/17/2011 10:26:20 PM PDT · by musarratullah
    www.allvoices.com ^ | 18 September 2011 | MusarratUllahJan
    Peshawar, 18 September 2011, Saudi government through Saudi Fund for Development (SFD) has donated $1.8 million to United Nations High Commissioner for Refugees (UNHCR) to support the agency’s efforts in building one-room permanent shelters for vulnerable families of Orakzai Agency. Under the agreement, UNHCR will construct 1,000 one-room permanent shelters for families returning of Orakzai Agency, says a press release. The UN refugee agency, through its partner Children First, carried out an assessment survey to identify vulnerable families that will benefit from the project. The shelters will be built in Stori Khel, Utman Kallay, Bezot Feroz Khel, Misti Khel and...
  • SEC may have destroyed documents, senator says

    08/17/2011 2:22:03 PM PDT · by johniegrad · 20 replies
    Marketwatch ^ | 8-17-2011 | Robert Orol
    WASHINGTON (MarketWatch) — The Securities and Exchange Commission may have destroyed documents and compromised enforcement cases involving activity at large banks and hedge funds during the height of the financial crisis, according to allegations made by a lawmaker on Wednesday.
  • Smart Money: Hedge funds sell faltering U.S. banks

    05/31/2011 9:49:17 PM PDT · by Nachum · 2 replies
    Reuters ^ | 5/31/11 | Maria Aspan
    (Reuters) - The recovery of Citigroup and Bank of America provided famed hedge fund managers like Lee Ainslie and Jeff Altman some of their biggest gains last year, but now the smart money is getting out while the getting is good. With Ainslie's Maverick Capital, Altman's Owl Creek Asset Management and other major funds backing away from the banking sector in the first quarter, financials suffered the biggest decrease in sector holdings among the Smart Money 30, a group of some of the largest stock-picking hedge funds. Ainslie, Altman and Stephen Cucchiaro's Windhaven Investment Management dumped their entire holdings in...
  • KPk government has demand of funds from federal government

    05/31/2011 4:21:51 AM PDT · by musarratullah
    www.allvoices.com ^ | 31 may 2011 | musarrat ullah jan
    Peshawar May 31, 2011, provincial government of Khyber Pukhtoon khawa has demand in foreign funds from Federal Government. Awami National Party currently in government in KPK province. ANP coordinate with Pakistan people’s party in Federal government. According to sources KPK government sent the letter to prime minister of Pakistan and finance minister, that federal government allocated only 25 percent of foreign funds to KPk Province. The funds come for reconstruction of war and terror effected area. In letter that sent to PM of Pakistan, KPK government informed the federal government that mostly affected province of war & terror is KPK....
  • Secret Agent

    05/11/2011 8:45:43 PM PDT · by Pining_4_TX · 3 replies
    Forbes.com ^ | 05/04/2011 | Zack O'Malley Greenburg
    Public pensions are $660 billion in the hole. Investment middleman Glen Sergeon illustrates how millions more are being lost to dubious dealings.
  • Secret Agent

    05/11/2011 2:47:00 PM PDT · by Pining_4_TX
    Forbes Magazine ^ | 05/04/2011 | Zack O'Malley Greenburg
    Public pensions are $660 billion in the hole. Investment middleman Glen Sergeon illustrates how millions more are being lost to dubious dealings.
  • Backlash after Barringtom state rep says he wants fewer funds for 'crazy people'

    03/13/2011 12:36:07 AM PST · by Libloather · 10 replies
    Fosters ^ | 3/12/11 | Scott E. Kinney
    Backlash after Barringtom state rep says he wants fewer funds for 'crazy people'By Scott E. Kinney Saturday, March 12, 2011 BARRINGTON — A public backlash has followed the comments of a 91-year-old freshman state representative who said Thursday that funding for the mentally ill should be cut because he doesn't support state funding for "the crazy people" who should be sent to "Siberia." State Rep. Martin Harty, R-Barrington, told Sharon Omand, a program manager at Community Partners, which provides behavioral health and developmental services for Strafford County, that he believed in eugenics and disagreed with her about the need for...
  • Ethics shift may cut Dem convention funds (the rookie Hussein banned corporate funding)

    03/09/2011 10:19:52 AM PST · by Libloather · 9 replies
    UPI ^ | 3/09/11
    Ethics shift may cut Dem convention fundsPublished: March. 9, 2011 at 10:56 AM WASHINGTON, March 9 (UPI) -- Next year's Democratic convention in Charlotte, N.C., is likely to be scaled down since President Barack Obama banned corporate funding, planners say. Mike Stratton, a lead fundraiser for the 2008 convention in Denver, told Politico fundraising for Charlotte will be "exponentially more difficult and more challenging." "Clearly, the White House goal here is to send a message this is not a lobbyist-fest ... not an event for the highest bidder," he said. The party is asking the Charlotte host committee to raise...
  • NPR, PBS campaigns to keep federal funds called unlawful (using taxpayer loot to lobby)

    03/09/2011 2:30:27 AM PST · by Libloather · 15 replies
    Washington Times ^ | 3/07/11 | Seth McLaughlin and Stephen Dinan
    NPR, PBS campaigns to keep federal funds called unlawfulBy Seth McLaughlin and Stephen Dinan The Washington Times 8:47 p.m., Monday, March 7, 2011 NPR and PBS stations nationwide are rallying their audiences to contact Congress to fight against Republicans’ proposed spending cuts, but some affiliates’ pleas may violate laws preventing nonprofits or government-funded groups from lobbying. Interrupting popular programs, the stations air warnings that cuts could end beloved children’s television shows such as “Sesame Street.” Some stations urge their audience to call and let Congress know their feelings, while others go further, instructing viewers to “stop the Senate” or “defend...
  • Swiss freeze Gadhafi assets, cite risk of misuse of funds

    02/24/2011 3:06:46 PM PST · by FromLori · 14 replies
    The Globe and Mail ^ | 2/24/2011 | MICHAEL BABAD
    Switzerland today froze the Swiss assets of Libyan leader Moammar Gadhafi, and his group, barring the sale of any holdings to avert any potential misuse of state funds. The decision took effect immediately, and, the Federal Department of Foreign Affairs said, amounts to a three-year freeze. Switzerland has been moving aggressively against the despots of the region. Last week, the government froze assets of the Mubarak family and former officials of his Egyptian regime, and reports this weeks put a renewed focus on the riches built up by Col. Gadhafi and Tunisia’s ex-president Zine al-Abidine Ben Ali. The Financial Times...
  • So, Come Monday, Wisc Guv and Reps can gut all Dem Vote Bribe Legislation funds?

    02/22/2011 6:19:21 PM PST · by DGHoodini · 15 replies
    various | Tues Feb 22nd | DGHoodini
    I've ben hearing bits and pieces, and it's coming across to me, that this Friday is arequiorement date as far as keeping the Wisc budhet paid for, and if Dems don't show, than the Guv will be requred to make budget cuts to keep in line with his requirements. So what makes it impossinle for hum to cannabilize all the Dems favorite Vote Buying legislations of all their funding to get rge money needed, and then, let the Dem minority just try and get it back, when they come back?
  • From Prison, Madoff Says Banks ‘Had to Know’ of Fraud

    02/16/2011 6:24:51 AM PST · by safetysign · 40 replies
    New York Times ^ | 02/16/2011 | DIANA B. HENRIQUES
    Bernard L. Madoff said he never thought the collapse of his Ponzi scheme would cause the sort of destruction that has befallen his family. In his first interview for publication since his arrest in December 2008, Mr. Madoff — looking noticeably thinner and rumpled in khaki prison garb — maintained that family members knew nothing about his crimes. But during a private two-hour interview in a visitor room here on Tuesday, and in earlier e-mail exchanges, he asserted that unidentified banks and hedge funds were somehow “complicit” in his elaborate fraud, an about-face from earlier claims that he was the...
  • No junk food for food stamps, Rubio [D-CA] says

    02/12/2011 5:17:15 PM PST · by BenLurkin · 92 replies
    bakersfield californian ^ | Tuesday, Feb 08 2011 11:00 PM | STEVEN MAYER,
    This week, state Sen. Michael Rubio will introduce legislation that would prohibit food stamps from being used to purchase "junk food" or prepared meals at fast-food restaurants. "The question is what should we be using taxpayer funds to purchase," the Bakersfield Democrat said Tuesday. "In my opinion, we should be focusing on what people need, not what they want." Those needs include foods found in the traditional food pyramid, he said, including breads and cereals, meats, beans, nuts, dairy products and other protein sources, and lots of fruits and vegetables. Rubio's idea is not yet an official Senate bill. But...
  • Sen. Hutchison moves to block funds for FCC on net neutrality rules

    12/16/2010 7:46:24 PM PST · by Nachum · 17 replies · 2+ views
    Washington Post ^ | 12/16/10 | Cecilia Kang
    Sen. Kay Bailey Hutchison (R-Tex.), ranking member of the Commerce, Science and Transportation Committee filed an amendment to an appropriations bill aimed at preventing the Federal Communications Commission from adopting net neutrality regulation. Hutchison's amendment, co-signed by John Ensign (R-Nev.) and six other Republican lawmakers, would "prohibit the FCC from using any appropriated funds to adopt, implement or otherwise litigate any network neutrality based rules, protocols or standards." An FCC spokeswoman declined comment on the amendment.
  • Cure or Care?

    12/02/2010 9:14:56 AM PST · by Kaslin · 9 replies
    Townhall.com ^ | December 2, 2010 | Cal Thomas
    Which do you think is less expensive, not to mention preferable: a cure for cancer, Alzheimer's disease and diabetes, or caring for people with these diseases? Wouldn't it be better medical and public policy to direct more resources toward finding a cure for diseases that cost a lot to treat than to rely on a government insurance program, such as Obamacare, which seeks mainly to help pay the bills for people after they become ill? Isn't the answer obvious? Apparently not to many politicians trapped in an old paradigm that focuses too much on hospitals, doctors and medicines and too...
  • Latest on Embryonic Stem Cell Research Battles

    12/02/2010 9:12:12 AM PST · by julieee · 2 replies
    LifeNews.com ^ | December 2, 2010 | Steven Ertelt
    Latest on Embryonic Stem Cell Research Battles Court to Hear Lawsuit on Obama's Embryonic Stem Cell Funds http://LifeNews.com/bio-3223 Bill to Expand Obama's Embryonic Stem Cell Funds Appears Dead http://LifeNews.com/bio-3222
  • Reading Between the Billboard Lines

    11/22/2010 8:41:12 PM PST · by MichCapCon · 3 replies
    Michigan Capitol Confidential ^ | 11/22/2010 | Jarrett Skorup
    According to MIRS Capitol Capsule (subscription required), the Michigan Lodging and Tourism Association (MLTA) is "hoping to send a clear message to lame duck legislative leaders — don't you leave town without funding Pure Michigan." The private trade group wants public funds to advance their industry, and to this end they've launched a billboard campaign: "Hey Legislature...Fund Pure Michigan NOW! Businesses advocating for government funds is nothing new, but it is interesting that the MLTA will use private funds (donated by the Outdoor Advertising Association) in order to pressure lawmakers to get them taxpayer dollars for advertising. The industry goes...
  • Court won't let California cut child care funds

    10/31/2010 1:19:39 PM PDT · by Libloather · 18 replies
    Daily Democrat ^ | 10/31/10 | SARAH ROHRS
    Court won't let Calif. cut child care fundsBy SARAH ROHRS/MediaNews Group Created: 10/31/2010 02:31:06 AM PDT With child care for tens of thousands of children at stake, an Alameda County Superior Court on Friday issued a temporary restraining order to prevent state cuts from going into effect. The move comes in the wake of Gov. Arnold Schwarzenegger's veto of $256 million in child care funds before signing the new state budget into law. Child care funding to assist working parents coming off welfare rolls would have expired Monday. Advocates have worried that parents, unable to afford child care, would either...
  • MICHELLE OBAMA HELD FOREIGN FUNDRAISERS (IN LONDON) IN 2007 (NPR TAPE REWIND--HYPOCRITE ALERT)

    10/22/2010 2:58:51 AM PDT · by AmericanInTokyo · 13 replies
    All Things Considered, NPR (Text and Audio) 2007 ^ | 19 September 2007 | National Public Radio Archives (2007)
    SCROLL DOWN FOR THE FUN AND GAMES) "September 19, 2007 Rudolph Giuliani is raising campaign cash in London. Only U.S. citizens and green-card holders can legally give to U.S. campaigns. But Giuliani, Barack Obama and Bill Clinton are all holding events for Americans living in the British Isles. ROBERT SIEGEL, host: Today, Republican Rudolf Giuliani campaigned for the White House in England. Tonight he's got a lecture and dinner with former Prime Minister Margaret Thatcher. But in this cash-craze race for the White House, he also did something no other presidential candidate has ever done: He held a fundraiser on...
  • Target-shooting fundraiser for N.C. congressional candidate

    10/20/2010 1:12:25 PM PDT · by rhoda_penmark · 3 replies
    WRAL ^ | 10/20/2010 | Associated Press
    WILMINGTON, N.C. — A former Marine turned Republican congressional candidate is raising campaign money by challenging all comers to a shooting contest.
  • Democrats activate maniacal pre-election smear machine

    10/19/2010 4:54:29 PM PDT · by JSDude1 · 16 replies
    WND ^ | Posted: October 19, 2010 | David Kupelian
    One of the most extraordinary and consequential races to be decided Nov. 2 is one you've probably never heard of – the challenge to powerful 12-term "progressive" Rep. Peter DeFazio by renowned scientist Art Robinson in Oregon's 4th Congressional District. There's been little press on this race. Dick Morris and Karl Rove, during their nightly election-race analyses on "Hannity," don't mention it. And the Republican National Committee hasn't even given a cent to the Republican challenger. Why? Because they've all considered Robinson's race against DeFazio unwinnable. Until now. Art Robinson, Ph.D. As WND reported Friday, an eye-opening independent poll shows...
  • Harry Reid's riches are a campaign issue

    10/16/2010 2:02:02 PM PDT · by Justaham · 13 replies
    Politico.com ^ | 10-16-10 | Manu Raju
    At a Reno event earlier this summer, Senate Majority Leader Harry Reid said he was surprised “to finally find someone named Elvira,” referring to the woman being honored there for her community work. “I’ll tell you why,” Reid told the room full of supporters. “Everyone knows my dad was a miner. And one of the mines that I went underground with was the Elvira – the Elvira Mine. “I own that now,” he said — and the audience erupted in applause. Indeed, Reid’s personal wealth, estimated in 2009 at $3.1 million to $6.7 million, has been built largely on his...
  • Halperin: Why Obama Is Losing the Political War

    10/11/2010 11:56:15 AM PDT · by Dr. Scarpetta · 61 replies · 1+ views
    Time Magazine ^ | 10/11/10 | Mark Halperin
    Barack Obama is being politically crushed in a vise. From above, by elite opinion about his competence. From below, by mass anger and anxiety over unemployment. And it is too late for him to do anything about this predicament until after November's elections. With the exception of core Obama Administration loyalists, most politically engaged elites have reached the same conclusions: the White House is in over its head, isolated, insular, arrogant and clueless about how to get along with or persuade members of Congress, the media, the business community or working-class voters. This view is held by Fox News pundits,...
  • Stimulus funds went to dead people

    10/07/2010 9:27:45 PM PDT · by NormsRevenge · 13 replies
    Politico.com ^ | 10/7/10 | Meredith Shiner
    Approximately $18 million worth of stimulus funds went to Americans who are dead, according to report released by the Social Security Administration's inspector general released Thursday. More than 89,000 payments worth $250 each, taken from the $787 billion stimulus package, were doled out to either dead people or prison inmates. Seventeen thousand incarcerated Americans received an aggregate $4.3 million from the economic relief package. According to the report, the prisoners received the government money because they had been eligible for Social Security benefits before being sent to jail. Overall, the stimulus — which has become a hot-button political issue heading...
  • Investor Fund Flows Have Never Been This Bearish Since Lehman Collapsed

    06/06/2010 8:42:37 AM PDT · by blam · 12 replies · 530+ views
    The Business Insider ^ | 6-6-2010 | Vincent Fernando, CFA
    Investor Fund Flows Have Never Been This Bearish Since Lehman Collapsed Vincent Fernando, CFA Jun. 6, 2010, 8:45 AM It's a bit of a surprise that stocks didn't fall further. The last four weeks were actually the worst 1-month outflows since Lehman collapsed in 2008, as shown below in red: From a fund flow perspective, investors in mutual funds have now pulled money out of U.S. stocks during 2008, 2009, and now year-to-date in 2010. To us this should be read as a substantial contrarian indicator. The investor panic was enormous during the last four weeks, and on a multi-year...
  • Audit: US can't account for $8.7B in Iraqi funds

    07/27/2010 7:31:27 AM PDT · by mainsail that · 13 replies · 1+ views
    AP ^ | 7/27/2010 | AP
    BAGHDAD – The U.S. Defense Department is unable to properly account for over 95 percent of $9.1 billion in Iraqi oil money tapped by the U.S. for rebuilding the war ravaged nation, according to an audit released Tuesday. The report by the U.S. Special Investigator for Iraq Reconstruction offers a compelling look at continued laxness in how such funds are being spent in a country where people complain basic services like electricity and clean water are sharply lacking seven years after the U.S.-led invasion that toppled Saddam Hussein.