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Keyword: loss

Brevity: Headers | « Text »
  • Wasserman Schultz: Democrats have midterm ‘problem’ but ‘we know we’re right on the issues’

    11/09/2014 6:16:24 AM PST · by Libloather · 31 replies
    Palm Beach Post ^ | 11/09/14 | George Bennett
    Let the soul-searching begin. “Our party has a problem,” says Debbie Wasserman Schultz, the Broward County congresswoman and Democratic National Committee chairwoman, in a new video responding to her party’s midterm shellacking by the GOP. **SNIP** “We know we’re right on the issues. The American people believe in the causes we’re fighting for. But the electoral success we have when our presidential nominee is able to make the case to the country as a whole doesn’t translate in other elections. That’s why we lost in 2010. And it’s why we lost on Tuesday. We’ve got to do better.”
  • Promises (Between a Mother and her son

    07/28/2014 4:22:12 PM PDT · by girlangler · 3 replies
    Facebook ^ | May 2010 (Mother's Day) | Rodney Elrod
    Today is my youngest brother's birthday. He died a week before his 51st birthday. In his honor, and to show what kind of person he was, I thought I'd share something he wrote for our Mother's Day in 2010 for her, while she was dying of esophageal cancer. "Promises (Between a Mother and a Son)" Dear Mother, When I was conceived, you promised to bring me into this world healthy. And you did. When I was young, you promised to love me and nurture me. And you did. When things got rough, and you were all alone, you promised to...
  • Lefties Drag Cantor's Jewish Faith Into Shocking Loss, When They May Have Contributed to His

    06/10/2014 9:23:02 PM PDT · by Nachum · 22 replies
    Newsbusters ^ | 6/10/14 | Tom Blumer
    Desperate to tie David Brat's shocking defeat tonight of House Majority Leader Eric Cantor in Virginia's Republican Congressional Primary to something other than voter resistance to illegal-immigrant amnesty, some on the left are already implying that Cantor's Jewish faith had something to do with the result. The fact that the seven-term Congressman has, as far as I can tell, never gotten grief of any kind from either party about his religious affiliation seems not to matter. After the jump, readers will find a couple of religion-tainted tweets from bona fide members of the liberal media elite, followed by interesting items...
  • John Walsh, Host of 'America's Most Wanted,' on What He's Learned From Life and Loss

    01/06/2014 4:06:38 PM PST · by lowbridge · 43 replies
    aarp ^ | august/september 2013
    Gun Control I am for the right to have guns. I'm a gun owner. But nobody needs to own an AK-47. They say these assault rifles are great for hunting. You can't hunt game with an AK-47. And if you're a responsible gun owner, why wouldn't you go through a background check? The only people who don't want background checks are fugitives, tax dodgers and terrorists.
  • Thanksgiving in the Midst of Strong Adversity

    11/29/2013 1:37:48 PM PST · by Making_Sense [Rob W. Case] · 13 replies
    Making Sense Podbean ^ | November 29, 2013 | Rob W. Case
    If you have experienced tremendous adversity within this past year, how would you react at the thought of Giving Thanks? While many people would try to focus on what happened to them, and why, how would you cope with adverse circumstances, and hardships? In this special Thanksgiving edition of Making Sense with Rob Case, we look at the life of the Apostle Paul, who had experienced so many difficulties, adverse circumstances, and hardships that would, upon a close, contemplative look, make ours pale by comparison. And amidst everything Paul went through, he was able to tell the people of Thessalonica,...
  • Chaz Bono Shows Off Drastic Weight Loss, Steps Out Looking Slimmer Than Ever

    09/05/2013 6:45:59 PM PDT · by publius321 · 52 replies
    Natalie Finn
    "Cher 's 44-year-old son is looking better than ever—and must be feeling that way, too, as he apparently has not lost sight of his previously stated goal of..." It is amazing how many times they worked in the words "he" and "his" to describe her. The entire column exists for that agenda. This type of trash coincides with the state of America and helps to explain -why- America has been handed over to her enemies. It is "as the days of Noah" indeed. Come South and let's hang together rather than separately.
  • NEW YORK TIMES SELLS BOSTON GLOBE AT 93% LOSS

    08/03/2013 10:10:28 AM PDT · by libstripper · 49 replies
    Breitbart.com ^ | Aug. 3, 2012 | JOHN NOLTE
    After purchasing the Boston Globe in 1993 for a then-record $1.1 billion, the financially troubled New York Times just announced it sold the 141 year-old paper to Boston Red Sox owner John Henry for a mere $70 million. That's a straight 93% loss. Figuring in two decades of inflation would only make it worse -- as does the fact the Times retains the Globe's pension liabilities, estimated at over $100 million.
  • Washington Post Diversifies... Into Boilers

    07/19/2013 5:26:54 AM PDT · by KeyLargo · 3 replies
    The Wallstreet Journal ^ | July 19, 2013 | WILLIAM LAUNDER
    MEDIA & MARKETING Updated July 18, 2013, 7:35 p.m. ET Washington Post Diversifies... Into Boilers Publishing Company Buys Industrial Unit from United Technologies By WILLIAM LAUNDER It's not uncommon for an industrial company to seek some glitz by buying into media and entertainment. Washington Post Co. WPO -0.11% may be the only media company going in the other direction—adding soot and grease. The company on Thursday said it is buying a maker of parts for industrial furnaces from United Technologies Corp. UTX +0.48%
  • Like your health care policy? You may be losing it [Obama lied]

    05/29/2013 3:08:53 PM PDT · by grundle · 16 replies
    yahoo.com ^ | May 29, 2013 | Ricardo Alonso-Zaldivar
    Many people who buy their own health insurance could get surprises in the mail this fall: cancellation notices because their current policies aren't up to the basic standards of President Barack Obama's health care law. They, and some small businesses, will have to find replacement plans. Also, it doesn't seem to square with one of the president's best known promises about his health care overhaul: "If you like your health care plan, you'll be able to keep your health care plan."
  • Sears reports bigger-than-expected 1Q loss

    05/23/2013 2:34:59 PM PDT · by Olog-hai · 25 replies
    Associated Press ^ | May 23, 2013 4:53 PM EDT
    Sears Holdings Corp. reported a steeper-than-expected loss for its first quarter with the beleaguered retailer, blaming a cooler spring for falling sales.The operator of Sears and Kmart stores also said it’s considering strategic options for its service-agreement business, such as selling it off, to raise cash. Service agreements are when customers pay an extra fee when buying an appliance and the company agrees to fix or replace it if it breaks within a certain time. The steep loss drove Sears’ shares down more than 11 percent in after-hours trading. …
  • Auto Bailout Loss Could Exceed $70 Billion

    12/11/2012 2:53:44 PM PST · by Nachum · 8 replies
    Breitbart ^ | 12/11/12 | Seton Motley
    Courtesy of the $83 billion auto bailout - on which we are already poised to lose more than $40 billion - the taxpayers are stuck with 26% stock ownership of General Motors (GM). It could get much worse. Judge Set to Rule on Case That Could Reverse Auto Bailout A New York federal judge may rule imminently on a case that could reverse the General Motors bailout and send the company back into bankruptcy.... At issue is a backroom deal hatched by GM to fulfill the Obama administration’s demand for a quick bankruptcy, draining the automaker of nearly all of...
  • Why Mitt Romney Lost

    11/08/2012 4:53:31 AM PST · by KeyLargo · 35 replies
    Newsmax ^ | Nov 7, 2012 | Christopher Ruddy
    Newsmax Why Mitt Romney Lost Wednesday, November 7, 2012 02:24 PM By: Christopher Ruddy Newsmax Christopher Ruddy’s Perspective: It was the worst of times and the worst of times. With the 2012 election results in, there are no short- or even medium-term "silver linings" for Republicans. President Barack Obama has won a decisive victory and the GOP, expecting to gain Senate seats, actually had a net loss of three. The "morning after" will bring the expected explanations and after-game quarterbacking. Still, it is important that the GOP understand why we lost this one in hopes of future victory. Perhaps the...
  • Sheriff Dever dies in single vehicle accident (AZ)

    09/19/2012 5:25:06 AM PDT · by SandRat · 53 replies
    Sierra Vista Herald ^ | 09/18/2012 | Staff
    It was learned late Tuesday night that Cochise County Sheriff Larry Dever has died in a single vehicle rollover accident in Coconino County. Details of what occurred are sketchy as of this hour, but the news was confirmed by Cochise County Supervisor Pat Call at about 11 p.m. Dever was running unopposed in this fall’s election for what would have been his fifth term as sheriff. It is unclear at this time what his sudden passing will mean in the electoral process. The sheriff was more than a local law enforcement official as he took the lead on the national...
  • Insolvent US Postal Service Loses Whopping $5.2 Billion In Third Quarter, 70% Higher Than Year Ago

    08/09/2012 9:34:02 AM PDT · by Zakeet · 21 replies
    Zero Hedge ^ | August 9, 2012 | Tyler Durden
    The epic collapse of one of the most bloated government institutions continues at a ridiculous pace. From Bloomberg: U.S. POSTAL SERVICE LOST $5.2 BILLION IN THIRD QUARTERPOSTAL SERVICE LOSS Q3 COMPARES WITH $3.1 BILLION LOSS YEAR AGOPOSTAL SERVICE 3Q REVENUE FALLS TO $15.6 BILLION FROM $15.8B POSTAL SERVICE `LIQUIDITY CHALLENGES' REMAIN IN 2013POSTAL SERVICE MAIL VOLUME FALLS 3.5 PERCENT IN THIRD QUARTER POSTAL SERVICE WILL CONTINUE TO PAY EMPLPOYEES, SUPPLIERS And it gets better: POSTAL SERVICE LOSS INCLUDES SKIPPED PAYMENT TO TREASURY - in other words the taxpayer bailouts of the USPS have begun... and the loss would have been...
  • Sen. Bradley's view on the loss of Lugar.

    05/15/2012 8:25:36 AM PDT · by Paul46360 · 12 replies
    Wgntv.com ^ | 5-14-12 | WGN NEWS MIDDAY
    Towards the end of the interview Bradley expresses his sadness at Lugar's loss and the dumb sheep that voted Lugar OUT.
  • JPMorgan Chase acknowledges $2B loss in trading portfolio

    05/10/2012 8:58:15 PM PDT · by Olog-hai · 33 replies
    New York Daily News ^ | Thursday, May 10, 2012, 11:34 PM | (Via Associated Press)
    JPMorgan Chase, the largest bank in the United States, said Thursday that it lost $2 billion in the past six weeks in a trading portfolio designed to hedge against risks the company takes with its own money. The company’s stock plunged almost 7% in after-hours trading after the loss was announced. Other bank stocks, including Citigroup and Bank of America, suffered heavy losses as well. “The portfolio has proved to be riskier, more volatile and less effective as an economic hedge than we thought,” CEO Jamie Dimon told reporters. “There were many errors, sloppiness and bad judgment.” The trading loss...
  • RUSH: REGIME GRABS POWER TO DETAIN US CITIZENS

    01/03/2012 3:21:42 PM PST · by Yosemitest · 153 replies
    www.RushLimbaugh.com ^ | Jan 3, 2012 | Rush Limbaugh
    Regime Grabs Power to Detain US Citizens January 03, 2012 BEGIN TRANSCRIPT RUSH: Yeah, and I can't believe that nobody's talking about that, either: The thing Obama signed on New Year's Eve, the new Defense Authorization Act.I don't know if people don't know what's in this or if other things take precedence. Well, it is being reported because I saw it. I saw it reported. Obama signed this thing, the new Defense Authorization Act on New Year's Eve. Folks, you know what this thing does? It allows the United States military to detain anybody for no reason! They don't...
  • Question for FReeper gearheads [Jeep] (Vanity)

    12/31/2011 7:04:50 AM PST · by Blueflag · 56 replies · 1+ views
    Electrical Gremlins R Us ^ | 12/31/11 | blueflag
    Need help from people with Jeep mechanical electrical experience/diagnosis. Our 1996 Jeep Cherokee Country (classic, not Grand) 4.0L I6 4WD has started to have a repeating and random sudden loss of power (engine quits with NO dash warning lights on dash). Need suggestions from people who have been there and done this. I am a fairly savvy and experienced car mechanic on my own, and this has me baffled. See Body of Comment for details.
  • Final Medical Loss Ratio Rule Rebuffs Insurance Agents

    12/06/2011 3:29:15 PM PST · by Nachum · 11 replies
    Kaiser ^ | 12/2/11 | Julie Appleby
    The Obama administration issued a rule today that is sure to disappoint insurance agents: Fees paid to brokers and agents won’t count as medical care, under limits imposed on insurers in the 2010 federal health law. Photo by Thomas Hawk via Flickr That’s key because under the health law, insurers must spend at least 80 percent of their premium revenue on medical care and quality improvement – or issue rebates to consumers. The target is 85 percent for large-group issuers. Brokers had lobbied hard to have their fees exempted from the calculation of administrative costs, which also includes such expenses...
  • Freddie Mac reports Q3 loss, asks for $6B in aid

    11/03/2011 9:20:51 AM PDT · by SeekAndFind · 9 replies
    AP Via Yahoo News ^ | 11/03/2011 | DEREK KRAVITZ
    WASHINGTON (AP) — Government-controlled mortgage giant Freddie Mac has requested $6 billion in additional aid after posting a wider loss in the third quarter. Freddie Mac said Thursday that it lost $6 billion, or $1.86 per share, in the July-September quarter. That compares with a loss of $4.1 billion, or $1.25 a share, in the same quarter of 2010. This quarter's $6 billion request from taxpayers is the largest since April 2010. Freddie's losses are increasing mainly for two reasons: Many homeowners are paying less interest because they are able to refinance at lower mortgage rates. And failing and bankrupt...
  • The loss that led us to Mother Church

    10/15/2011 7:06:46 AM PDT · by Not gonna take it anymore · 9 replies
    Catholic Herald ^ | Thursday, 13 October 2011 | SIRI ABRAHAMSON
    In the midst of a grey, damp winter, at the end of a healthy and normal pregnancy, our second child, a daughter, dies at birth. Despite 20 minutes of attempted resuscitation in the delivery room, she never draws breath outside my body. The neo-natal consultant has tears in his eyes when he comes up to the bedside where my husband and I are clutching each other’s hands in disbelief. “I am so sorry. We couldn’t save her.” Our shock is complete. There was no indication this would happen. When we are asked if we would like our baby blessed, we...
  • On Saving the Bill of Rights

    07/05/2011 4:21:54 AM PDT · by marktwain · 4 replies
    buckeyefirearms.org ^ | 3 July, 2011 | Frank Miniter
    We're losing our Bill of Rights. The reason why is so basic it's overlooked; though Thomas Jefferson warned us about this threat to individual liberty when he wrote, "If a nation expects to be ignorant and free in a state of civilization, it expects what never was and never will be." Jefferson said this in a letter to Colonel Charles Yancey on January 6, 1816. It was the basic truth that we can't retain our liberty unless we first grasp it that impelled me to write Saving the Bill of Rights. After two years spent in the National Archives researching...
  • Report: $6B missing in Iraq may have been stolen (Money Literally Air Lifted by Bush Administration)

    06/14/2011 11:57:30 AM PDT · by SeekAndFind · 16 replies
    CBS News ^ | 06/14/2011 | Tucker Reals
    The man Congress put in charge of auditing the billions of dollars dumped on Iraq after Saddam Hussein was toppled has told the Los Angels Times he can't rule out the possibility that $6.6 billion in cash sent from the U.S. was stolen. Special inspector general for Iraq reconstruction Stuart Bowen told the Times the missing money may represent "the largest theft of funds in national history." It was not, it is crucial to note here, U.S. tax-payer dollars which have gone missing in Iraq. The money came from a special fund set up by the Federal Reserve Bank of...
  • Fannie Mae reports $8.69 billion loss for Q1 (and wants $8.5B more in federal aid)

    05/06/2011 2:59:47 PM PDT · by library user · 59 replies
    AP ^ | May 6, 2011 | Staff
    ~ EXCERPT ~ WASHINGTON (AP) -- Mortgage buyer Fannie Mae reported a loss of $8.7 billion for the January-March quarter, and asked for an additional $8.5 billion in federal aid. The new request is more than three times the $2.6 billion in government aid it sought in the final three months of last year. The loss was caused by declining home prices around the country, Fannie Mae said. It said prices declined on average 1.8 percent, leading more homeowners to default on loans that the mortgage giant had guaranteed. The government rescued Fannie Mae and sibling company Freddie Mac in...
  • The George W. Bush They Never Knew

    04/11/2011 3:16:52 PM PDT · by AustralianConservative · 14 replies
    Weekend Libertarian ^ | 12 April, 2011 | B.P. Terpstra
    As a critical thinker, I never bought the media’s sales pitch that Obama was the messiah we were all waiting for. [...] As for the media’s anti-Republican hysteria? Granted, not all journalists referred to Bush as the devil, but many portrayed him as one. In Decision Points, though, we meet a greyer, funnier, and humbler man, who lost a sister to leukemia but also treasured simpler times. On quitting cigarettes (page 1): I have a habitual personality. I smoked cigarettes for about nine years, starting in college. I quit smoking by dipping snuff. I quit that by chewing long-leaf tobacco....
  • Fannie Mae posts $2.1B loss for Q4 (ask for more aid!)

    02/24/2011 3:33:56 PM PST · by EBH · 9 replies
    Yahoo/AP ^ | 2/24/11
    WASHINGTON (AP) -- Mortgage buyer Fannie Mae has posted a loss of $2.1 billion for the October-December quarter of last year, and is asking for an additional $2.6 billion in federal aid. The new request is slightly more than the $2.5 billion it sought in the July-September quarter. The government-controlled mortgage buyer also reported a $21.7 billion loss for all of 2010. AND YOU CAN'T MISS THIS TOO Freddie Mac posts $1.7B loss for Q4asks for additional $500 million in aid
  • My Prediction - California loses 1 seat in Congress

    12/21/2010 6:23:34 AM PST · by Steelers6 · 16 replies · 1+ views
    vanity | December 21, 2010 | steelers6
    Here's the way I size it up. California was on pace to be on the borderline on July 1, 2009 and I can't imagine the last 9 months they grew enough to maintain that. Texas could gain 4, Arizona and Florida 2, Georgia, Utah, Nevada, South Carolina, and Washington gain 1 seat. Ohio loses 2, New York might lose 2, Massachusetts, New Jersey, Pennsylvania, Michigan, Illinois, Minnesota, Iowa, Louisiana, and California lose 1. Missouri and Rhode Island could lose 1.
  • Top 10 States People Are Fleeing

    12/11/2010 2:58:25 PM PST · by 2ndDivisionVet · 70 replies · 1+ views
    Yahoo! Real Estate / Forbes ^ | December 8, 2010 | Jenna Goudreau
    "We're seeing one of the lowest mobility rates in a century," says Nathaniel Karp, chief economist for banking firm BBVA Compass. Karp says the recession has forced many people to stay put because they are unable to sell their homes, cannot find jobs or are unwilling to relocate for work if it means sacrificing a partner's stable position. The slowdown makes the question of who's moving and why even more significant than in years past. Using 2010 projections by Moody's Economy.com, Forbes ranked the states in which people are leaving faster than they are arriving. Economists report several overlapping trends...
  • Freddie Mac Q3 Net Loss $4.1 Billion, Taps Treasury

    11/03/2010 10:53:50 AM PDT · by Nachum · 6 replies · 1+ views
    Reuters ^ | 11/3/10 | Al Yoon
    NEW YORK - Freddie Mac, the second-largest provider of U.S. residential mortgage funding, on Wednesday said a faltering housing market resulted in a $4.1 billion third-quarter net loss and another draw from the Treasury to maintain positive net worth. Freddie Mac in a quarterly regulatory filing also warned it may face significant costs related to snags in the foreclosure processes at major loan-servicing companies. Freddie Mac's third-quarter loss included a $1.6 billion dividend payment on senior preferred stock purchased by the Treasury
  • Alvin Greene Reacts To Senate Loss (2 people show up - Greene runs around the room)

    11/03/2010 6:54:21 AM PDT · by Responsibility2nd · 41 replies · 1+ views
    WSPA ^ | 11/03/2010
    Manning, SC -- Democratic candidate for Senate Alvin Greene saw his longshot campaign come to a close Tuesday night. Although he gained an impressive number of votes, he fell short of defeating Senator Jim Demint. He made a bizarre post-campaign appearance in Manning. 200 people were expected for his campaign party, but only about 2 people showed up, along with Greene and his family. News Channel 7's Jonathan Carlson was the only Upstate reporter there and attempted to speak with Greene in a sometimes odd interview. As he entered the catering hall, Greene was asked if he would run again....
  • "Lola ", Canine Freeper and K-9 companion of Recovering Ex-Hippie, passed away August 3.

    08/07/2010 7:30:33 AM PDT · by Recovering Ex-hippie · 122 replies
    "Lola "... Loyal, conservative Canine Freeper and dedicated K-9 companion of Recovering Ex-Hippie, passed away August 3." I am heartbroken that my wonderful doggie, Lola, died Tuesday morning. She was 15 years old and had been adopted from the Doggie Orphanage in Cleveland. She then moved with me to Jacksonville, FL. Always a Patriotic Pupster, Lola was called upon by the CIA after 9-11 to break up “Terrorist Squirrel Cells “ in our woods….a calling she dedicated herself to with great enthusiasm. She was the mascot for a fund drive to raise money for the New Orleans Humane society during...
  • USPS posts $3.5 billion loss as mail volume plunges

    08/05/2010 2:01:51 PM PDT · by Nachum · 5 replies
    CNNMoney ^ | 8/5/10 | Hibah Yousuf
    NEW YORK -- The U.S. Postal Service reported a $3.5 billion loss in its most recent quarter Thursday, as mail volume plummets and retiree health care costs mount. The USPS, a self-supporting government agency that receives no tax dollars, said operating revenue declined 1.8% to $16 billion during the fiscal 2010 third quarter compared to a year earlier, while operating expenses spiked 4.2% to $19.5 billion.
  • String of things leads to political unraveling of Bob Inglis

    06/27/2010 8:21:20 AM PDT · by MontaniSemperLiberi · 9 replies
    Link only due to copyright http://www.greenvilleonline.com/article/20100627/NEWS/306270027/String-of-things-leads-to-political-unraveling-of-Bob-Inglis
  • Fears grow of Labor election loss (Australia)

    05/27/2010 11:36:46 PM PDT · by naturalman1975 · 8 replies · 555+ views
    The Australian ^ | 28th May 2010 | Dennis Shanahan
    THERE are senior and experienced federal Labor MPs who say quietly and privately that they can see the possibility "that we could lose the election". This is incredible not only because the people are not newcomers unused to dealing with falls in polling and tough periods of politics, but also because no Labor MP at all would have even thought it possible six months ago. The incredible nature of this situation is heightened for Labor because where there was once certainty about how to defeat the Coalition there is now tension within the ranks about what should be done. ........
  • Euphoria Over Greece Bailout Ignores Fannie Mae Death Rattle!

    05/10/2010 6:28:09 AM PDT · by Stayfree · 6 replies · 315+ views
    Various | May 10, 2010 | Stayfree
    Fannie Mae reported a net loss $13.1 billion on Monday and forecast weakness in the housing and mortgage markets to continue throughout 2010.
  • Lazard bonuses so big, they turned 4Q into a loss

    02/03/2010 5:29:43 PM PST · by TigerLikesRooster · 17 replies · 479+ views
    Crain's New York Business ^ | 02/03/10 | Aaron Elstein
    Crain's New York Business Lazard bonuses so big, they turned 4Q into a loss By Aaron Elstein Published: February 3, 2010 - 3:06 pm What should have been a profitable quarter a Lazard Ltd. turned into a surprising loss due to the investment bank paying its people big bonuses. The firm doled out $616 million in compensation and benefits to about 2,300 employees last quarter, or more than triple the amount handed out in the same period in 2008. It was a consequence, Lazard said, of a decision to pay more bonuses in cash and accelerate some deferred cash awards...
  • IRS Issues Proposed Regulations on New Basis Reporting Requirement

    12/23/2009 12:13:25 PM PST · by bruinbirdman · 5 replies · 491+ views
    IRS Newsroom ^ | 12/16/2009 | IRS
    The Internal Revenue Service today issued proposed regulations under a new law that will require reporting of basis and other information by stock brokers and mutual fund companies for most stock purchased in 2011 and all stock purchased in 2012 and later years. The reporting will be to investors and the IRS. This additional reporting will be optional for stock purchased prior to these dates. “This important reporting change will improve tax compliance while reducing the recordkeeping and paperwork burden for millions of investors,” said IRS Commissioner Doug Shulman. “These taxpayers will now receive the information they need to more...
  • 'We played a great game': Obama on Olympic loss

    10/02/2009 2:32:19 PM PDT · by NormsRevenge · 103 replies · 3,835+ views
    AFP on Yahoo ^ | 10/2/09 | Stephen Collinson
    WASHINGTON (AFP) – US President Barack Obama was left with the rare taste of failure when votes were counted on Friday, after his hometown Chicago's hopes of hosting the 2016 Olympics died in Denmark. Chicago's rejection by the International Olympic Committee in Copenhagen, dealt a personal blow to Obama, who had put his glowing global prestige on the line, as a favor to the city where he nurtured his own American dream. Obama, who polls show is hugely popular outside the United States, was seen as the trump card in Chicago's pack on decision day at the IOC meeting. But...
  • U.S. large-loan bank losses triple to $53 billion (economy improving in a mysterious way)

    09/26/2009 4:12:35 AM PDT · by TigerLikesRooster · 16 replies · 848+ views
    Reuters ^ | 09/25/09
    U.S. large-loan bank losses triple to $53 billion Fri Sep 25, 2009 6:05am EDT (Reuters) - U.S. regulators say that the level of losses from syndicated loans facing banks and other financial institutions tripled to $53 billion in 2009, due to poor underwriting standards and the continuing weakness in economic conditions. According to the Shared National Credit Program (SNC) 2009 Review, an annual inter-agency report released on Thursday, credit quality deteriorated to record levels with respect to large loans and loan commitments. The Shared National Credit Program which was set up in 1977 to review large syndicated loans now reviews...
  • [Former Democratic Party Chairman Howard] Dean: Jones' Resignation a 'Loss for the Country'

    09/06/2009 1:55:34 PM PDT · by Son House · 75 replies · 2,034+ views
    FOXNEWS.com ^ | September 06, 2009 | FOXNEWS.com
    The outspoken Democrat and former presidential candidate vigorously defended Jones, who resigned in the wake of criticism over his past statements and associations -- including his past support for a group that believes the Bush administration may have been involved in the Sept. 11 attacks. "I think he was brought down," Dean told "FOX News Sunday," saying he just spoke to Jones. "I think it's a loss for the country." Dean pointed to Jones' credentials as a Yale Law School graduate and best-selling author. Though Jones signed a 2004 statement calling for an investigation into possible Bush administration involvement in...
  • Sharapova ousted by US teen at Open

    09/05/2009 9:13:45 PM PDT · by OldSpice · 13 replies · 1,052+ views
    The Times of India ^ | 6 September 2009 | The Times of India
    NEW YORK: Former world number one Maria Sharapova was ousted in the third round of the US Open on Saturday, with US teen giant-killer Melanie Oudin eliminating the three-time Grand Slam champion 3-6, 6-4, 7-5. Oudin, two weeks shy of her 18th birthday, will play for a berth in the quarter-finals against Russian 13th seed Nadia Petrova after her third upset of a top player in two Grand Slams. "I'm just so happy," the tearful teen said. "I just kept fighting as hard as I could. I tried as hard as I could. I just came in believing." The magical...
  • CHOOSING THOMAS (1000 Boxes of Kleenex Alert!)

    09/02/2009 7:32:15 AM PDT · by pillut48 · 6 replies · 977+ views
    Dallas Morning News ^ | August 30, 2009 | LEE HANCOCK
    Carrollton couple finds support to deal with unborn son's terminal condition Editor's note: Facing death can be hardest for a family expecting new life. Perinatal hospice offers choices and resources for parents when an infant's death is imminent. "We're so grateful that God chose us to be his parents, because he is such a special little boy," Deidrea told the congregation as T.K. nodded beside her. "We're telling God, 'Thank you – thank you for this gift.' "
  • Toll Brothers lost $472 million in Q3

    08/27/2009 4:11:59 AM PDT · by MeneMeneTekelUpharsin · 4 replies · 445+ views
    The Houston Chronicle ^ | 27 August 2009
    HORSHAM, Pa., — Toll Brothers Inc. says it lost $472.3 million in its fiscal third quarter, as the luxury homebuilder took a large tax hit. But while Toll Brothers' results were worse than analysts expected, the company is seeing signs of improvement in the industry. The builder said Thursday it lost $2.93 a share in the three months ended July 31. That compares with a loss of $29.3 million, or 18 cents a share, the same period last year. Toll Brothers sold 792 homes with revenue totaling $461.4 million. Those results were down 36 percent and 42 percent, respectively, from...
  • Why Exercise Won't Make You Thin

    08/17/2009 10:30:29 AM PDT · by BellStar · 79 replies · 2,627+ views
    TIME ^ | Aug. 09, 2009 | By John Cloud
    As I write this, tomorrow is Tuesday, which is a cardio day. I'll spend five minutes warming up on the VersaClimber, a towering machine that requires you to move your arms and legs simultaneously. Then I'll do 30 minutes on a stair mill. On Wednesday a personal trainer will work me like a farm animal for an hour, sometimes to the point that I am dizzy — an abuse for which I pay as much as I spend on groceries in a week. Thursday is "body wedge" class, which involves another exercise contraption, this one a large foam wedge from...
  • Commercial Loans to Bear Brunt of Future US Bank Losses

    06/09/2009 9:39:52 AM PDT · by TigerLikesRooster · 4 replies · 356+ views
    Research Recap ^ | 06/08/09
    Commercial Loans to Bear Brunt of Future US Bank Losses McKinsey expects the US banking and securities industry to incur losses averaging $125 billion per quarter through 2010, with the bulk of it concentrated in commercial banking loans. McKinsey research estimates that total credit losses on US-originated debt from mid-2007 through the end of 2010 will probably be in the range of $2.5 trillion to $3 trillion, given the severity of the current recession. Some $1 trillion of these losses has already been realized, McKinsey says in a review of the banking industry. “Since US banks hold about half of...
  • "The Sun Must Shine Again" (video poem)

    05/22/2009 5:03:24 AM PDT · by mft112345 · 283+ views
    Youtube ^ | May 22, 2009 | MT
    Hear Words and MusicDo you prefer to sit and think alone Or does the silence shake you like the thunder? Can you shut out distractions like the phone? Has worry killed your sense of awe and wonder? Has loss occurred and left a gaping hole Or have setbacks left you wanting to give in? Does heartbreak have you doubting your own soul? Is the universe your enemy or friend? Do you despair each time you see your face? Do past hopes and dreams seem like a waste of time? Do you wish you were in another place? Do you wonder...
  • Advanta to cease new credit card lending(credit card crisis starting)

    05/13/2009 9:14:40 AM PDT · by TigerLikesRooster · 13 replies · 1,245+ views
    AP ^ | 05/12/09
    Advanta to cease new credit card lending Advanta plans to cease new credit card lending as it battles losses; shares fall On Tuesday May 12, 2009, 10:20 am EDT SPRING HOUSE, Pa. (AP) -- Advanta Corp. said late Monday it will shut down its credit card lending operations next month as it battles surging loan losses. Shares tumbled more than 6 percent, losing 7 cents to $1.06 in early trading Tuesday. Shares have dropped 88 percent over the past 12 months.
  • Toyota posts first loss, sees worse ahead

    05/08/2009 4:52:05 AM PDT · by MeneMeneTekelUpharsin · 7 replies · 523+ views
    Breitbart.com ^ | 8 May 2009
    Toyota Motor, the world's top automaker, announced Friday a 4.4-billion dollar annual loss, its first ever, and warned it would plunge deeper into the red as car sales collapse during the recession. Toyota lost 765.8 billion yen (7.7 billion dollars) in the quarter to March alone, even more than General Motors, as it idled plants to ride out the biggest crisis in its more than 70-year history. (Excerpt...see rest at link)
  • ...IMF may allegedly be increasing its estimate of global bank losses to $4 trillion...

    04/14/2009 12:04:12 AM PDT · by TigerLikesRooster · 7 replies · 447+ views
    RGE Monitor ^ | 04/10/09 | Nouriel Roubini
    According to press reports the IMF may allegedly be increasing its estimate of global bank losses to $4 trillion, a figure consistent with estimates by a variety of independent bank analysts Nouriel Roubini | Apr 10, 2009 A year ago this author predicted that losses by US financial institutions would be at least $1 trillion and possibly as high as $2 trillion. At that time the consensus such estimates as being grossly exaggerated as the naďve optimists had in mind about $200 billion of expected subprime mortgage losses. But, as was pointed out then in this forum, losses would rapidly...
  • Freedom Barometer?

    03/19/2009 8:48:12 PM PDT · by Sequoyah101 · 9 replies · 350+ views
    Vanity (please excuse me) | 3-19-2009 | Sequoyah101
    There needs to be a scorecard somewhere that allows us to understand what is happening to us at a glance, a visual and a list of information dated and with links to the background information. The changes, loss of freedom, rights, violations of the Constitution and general crimes against the United States are coming so fast this country boy can't keep up with all of them. Most people I talk to don't know what is going on today let alone understand the cumulative effect of what is taking place. The analogy has been used of the frog in hot water...