News/Current Events (News/Activism)

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  • The Most Accurate Economist On Wall Street Sees A Big Bullish Wildcard For America

    12/21/2012 1:32:51 PM PST · by blam · 10 replies
    TBI ^ | 12-21-2012 | Sam Ro
    The Most Accurate Economist On Wall Street Sees A Big Bullish Wildcard For America Sam RoDec. 21, 2012, 2:05 PM One of the most bullish economic stories in the world has been the recent recovery of the U.S. housing market. Maury Harris, UBS's Chief U.S. Economist, is particularly optimistic considering the snapback of housing formation, which is now back above 1 million per year. We recently had lunch with Harris, who is repeatedly recognized as the most accurate economist on Wall Street and is one of Bloomberg's 50 most influential people in the world. Harris pointed to one housing market...
  • Boston mayor blasts NRA reaction to Conn. killings

    12/21/2012 1:24:42 PM PST · by matt04 · 63 replies
    Boston Mayor Thomas Menino is criticizing the National Rifle Association's call for armed police and security volunteers to be posted at schools. He said the group's proposal "is not a plan, but a ploy to bring more guns into our neighborhoods." Menino reacted in a statement Friday after the NRA commented on last week's shooting at a Connecticut elementary school that killed 26 children and staff. The nation's largest gun-rights lobby blamed video games, movies and music videos, saying they expose children to a violent culture day in and day out. The mayor said Americans are tired of the same...
  • Reproduction without sex, a liberating future

    12/21/2012 1:14:01 PM PST · by Mrs. Don-o · 42 replies
    Special to CNN ^ | December 20, 2012 | Aarathi Prasad
    Last year on the 50th anniversary of the creation of the contraceptive pill its inventor Carl Djerassi spoke of the coming dramatic changes to reproductive options -- of the technologies that will have just as big an impact on society in the 50 years to come. After sex without reproduction, reproduction without sex. In an article in the UK's "traditional values" tabloid, the Daily Mail, titled "A Terrifying Future for Female Fertility," Djerassi said, "There are an enormous number of well-educated, proficient women who, when facing the biological clock, first pay attention to their professional ambitions...in the next 20...
  • ZERVOS: The Fed Is Risking An Inflation Disaster, And There Will Only Be One Place To Hide

    12/21/2012 1:13:31 PM PST · by blam · 8 replies
    TBI ^ | 12-21-2012 | Joe Weisenthal
    ZERVOS: The Fed Is Risking An Inflation Disaster, And There Will Only Be One Place To Hide Joe WeisenthalDecember 21,2012 Jefferies' economist David Zervos is back in a new note, which takes stock of developments at the Fed and the Bank of Japan. The Fed, of course, recently adopted Evans Rule, which indicates that tightening won't occur until unemployment gets to around 6.5%, or inflation expectations are around 2.5%. The Bank of Japan is expected to see a new round of aggressive policy, thanks to the wishes of incoming Prime Minister Shinzo Abe. While markets seem to be pretty happy...
  • They’re Running TV Spots For Matt Damon’s Anti-Fracking Movie Now…

    12/21/2012 1:03:03 PM PST · by LSUfan · 34 replies
    The Hayride ^ | 18 Dec 12 | MacAoidh
    …it opens next month. It’s a propaganda film, and it’s pure BS. There is no evidence that hydraulic fracturing causes farmland to become unproductive the way it’s depicted in Promised Land. We’ve been fracking for 60 years in this country and if fracking destroyed farmland we would know about it. We don’t know that. But what we do know is that the financing of Damon’s anti-fracking propaganda film comes from the United Arab Emirates. As in, an Arab OPEC nation. Whose interests are significantly damaged by the kind of full-scale domestic U.S. oil and gas production fracking holds the key...
  • White House weighs smaller fiscal cliff package

    12/21/2012 12:50:52 PM PST · by ColdOne · 41 replies
    politico ^ | 12/21/12 | CARRIE BUDOFF BROWN and JAKE SHERMAN
    So the White House is turning its focus to a smaller package that would extend the Bush-era tax rates on income below $250,000, pause the across-the-board spending cuts known as the sequester and renew unemployment insurance benefits, according to senior administration officials. It would hold off a significant portion of the fiscal cliff, minimizing any economic shock in the new year. But it means a host of tax provisions would likely expire, little would be done to address the debt and deficit, and no process would be set up for overhauling the tax code next year. There would be no...
  • John Kerry's Nomination Means Barney Frank May Be Back In D.C. Sooner Than Anyone Thought

    12/21/2012 12:45:40 PM PST · by SeekAndFind · 26 replies
    Business Insider ^ | 12/21/2012 | Linette Lopez
    Today, Barack Obama nominated Massachusetts Democratic Senator John Kerry for Secretary of State, and if he's confirmed, that will leave a Massachusetts Senate seat open next year. At the same time, there just happens to be a Massachusetts Democrat going into retirement next year — former head of the Banking Committee, Barney Frank. Governor Deval Patrick has got to nominate someone to fill the seat until a special election is held next year, and Frank may be the experienced pick. Politico reports that Frank said he wouldn't rule out accepting the nomination either. “The governor ought to be free to...
  • BOOMTOWN: D.C. house inspires 168 bids in red-hot real estate market

    12/21/2012 12:44:48 PM PST · by Poundstone · 12 replies
    The Washington Post ^ | December 21, 2012 | Annys Shin
    While much of the nation is still struggling to emerge from a historic housing-market meltdown, the District is reliving its boom days. High rents, low interest rates, low inventory, and a flood of new residents in their 20s and 30s are making parts of the city feel like it’s 2005 again. The median home sale price in the District is up 14 percent from last year, according to RealEstate Business Intelligence (RBI). And the average number of days houses spend on the market has fallen by nearly 30 percent, to 53 days.
  • Eric Cantor plays loyal lieutenant to Boehner

    12/21/2012 12:36:49 PM PST · by jimbo123 · 80 replies
    Washington Post ^ | 12/18/12 | Rosalind S. Helderman,
    In a breach of bedrock conservative principles, House Speaker John A. Boehner laid out a proposal Tuesday to allow tax rates to rise for Americans making more than $1 million a year. And standing side by side with Boehner as he outlined what many Republicans consider an apostasy — but what Boehner argues is the only way to spare most people from a tax increase — was House Majority Leader Eric Cantor, who has worked hard in recent months to play the loyal lieutenant.
  • Sandy Hook massacre: Official story spins out of control

    12/21/2012 12:27:24 PM PST · by gitmo · 43 replies
    Sott Net ^ | Tue, 18 Dec 2012 | Niall Bradley
    The massacre of 20 children and 7 adults at the Sandy Hook elementary school last Friday was one more in a long line of atrocious mass murders committed in the USA. By now, four days later, an official version of events has more or less solidified to explain the chain of events. The familiar 'lone gunman' narrative has once more stoked the hot-button issue of gun control and left the general population as clueless as ever as to why people suddenly 'go postal' and target the most vulnerable members of society. Teddy bears left at a memorial for the child...
  • 446 school age children shot in Chicago . . .

    12/21/2012 12:24:17 PM PST · by RetiredArmy · 37 replies
    The Tea Party Commander ^ | December 20, 2012 | none listed
    446 school age children shot in Chicago so far this year with strongest gun laws in country – media silent The cesspool known as Chicago probably has the toughest gun laws in the country, yet despite all the shootings, murders, and bloodshed, you never hear a peep about this from the corrupt state run media. In Chicago, there have been 446 school age children shot in leftist utopia run by Rahm Emanuel and that produced Obama, Jesse Jackson, Louis Farrakhan, etc. 62 school aged children have actually been killed by crazed nuts in Chicago so far this year with almost...
  • Boehner says he's open to negotiations with President Obama on avoiding 'fiscal cliff'

    12/21/2012 12:13:15 PM PST · by jimbo123 · 20 replies
    NY Post ^ | 12/21/12 | Associated Press
    House Speaker John Boehner signaled on Friday he's still open to negotiations with President Barack Obama on avoiding across-the-board tax increases set to hit taxpayers Jan. 1, but sounded pessimistic about reaching a grand deal with the president. "How we get there, God only knows," Boehner told a Capitol Hill news conference just hours after his rank-and-file handed him a stunning tactical defeat. The Republican leader spoke the morning after he was forced by his members to abandon legislation that would have raised taxes on incomes above $1 million. "We didn't have the votes to pass it," Boehner said glumly.
  • URGENT: 4 shot dead in Pennsylvania, 3 troopers injured in confrontation with suspect

    12/21/2012 12:02:55 PM PST · by Zakeet · 31 replies
    NY Daily News ^ | December 21, 2012 | Michael Walsh
    A wild car chase has resulted in a 6-mile-long crime scene. The suspect is now ‘neutralized,’ say cops. Four people died and three were injured in a shooting near Geeseytown, Pa., Friday morning. A woman and three men – including the gunman – were killed, said Blair County District Attorney Richard Consiglio. CLICK HERE TO SIGN THE DAILY NEWS ONLINE PETITION TO BAN ASSAULT WEAPONS.[Snip] “There is no longer a threat to residents and visitors to this area from this individual,” the agency alerted the public via Facebook. Those seeking emergency counseling regarding this incident may report to the Geeseytown...
  • Do you agree with the NRA that an armed officer should be posted in every school? (FREEP THIS POLL!)

    12/21/2012 11:46:44 AM PST · by rarestia · 106 replies
    BayNews9 ^ | 21 December 2012 | Staff
    Do you agree with the NRA that an armed officer should be posted in every school? Yes(72%) No(28%)
  • Obama nominates Kerry for secretary of state

    12/21/2012 11:37:37 AM PST · by seanmerc · 45 replies
    AP ^ | 21 Dec 12 | Julie Pace
    WASHINGTON (AP) -- President Barack Obama on Friday nominated Sen. John Kerry as his next secretary of state, elevating the longtime lawmaker and foreign policy expert to the top diplomatic job he had coveted. "He is not going to need a lot of on-the-job training," Obama said, standing alongside Kerry at the White House. "Few individuals know as many presidents and prime ministers or grasp our policies as firmly as John Kerry."
  • John Kerry: Global Warming Is The Next 9/11 ( Aug. 31, 2009 )

    12/21/2012 11:24:57 AM PST · by Ernest_at_the_Beach · 23 replies
    Business insider ^ | Aug. 31, 2009, 1:34 PM | Jay Yarow
    John Kerry has written an op-ed for the Huffington Post comparing the inaction in response to a heating planet to the inaction of President Bush before September 11th. Kerry reaches deep into the bag of global warming hysterics to uncork this piece, saying that the fate of the nation hinges upon the passing of some sort of climate change legislation.It's ridiculously over the top, but we suppose it might get a few supporters all riled up and ready to fight for the bill this fall. Of course, it's so over the top that it might just turn off a bunch...
  • Indiana Man Got 'Riled Up' Watching Fox News, Drank 45 Beers, And Then Set Fire To A Mosque

    12/21/2012 11:21:22 AM PST · by blam · 70 replies
    TBI ^ | 12-21-2012 | Aleksi Tzatzev
    Indiana Man Got 'Riled Up' Watching Fox News, Drank 45 Beers, And Then Set Fire To A Mosque Aleksi TzatzevDec. 21, 2012, 10:13 AMA 52-year-old truck driver has pleaded guilty to driving from his home in Indiana to set a mosque on fire in Ohio, Toledo Blade reported yesterday. Randolph Linn said he got "riled up" watching Fox News and drank 45 beers in seven hours before setting the Islamic Center of Greater Toledo on fire, according to The Sentinel-Tribune. The drive from his Indiana home to the mosque was nearly two hours. Linn said he wanted "to get some...
  • Journalists slam NRA throughout press conference

    12/21/2012 11:14:46 AM PST · by billorites · 45 replies
    The Daily Caller ^ | December 21, 2012 | Alex Pappas
    When National Rifle Association leader Wayne LaPierre took the stage on Friday to address the media about last week’s elementary school massacre, he made it clear multiple times that the organization has issues with how the press reports on guns. At one point, LaPierre said “the media demonize lawful gun owners, amplify their cries for more laws and fill the national debate with misinformation and dishonest thinking.” If the NRA doesn’t like reporters, the feeling is apparently mutual. As Jeffrey Goldberg, a national correspondent for The Atlantic, put it: Reporters on my Twitter feed seem to hate the NRA more...
  • Parents Hesitant About NRA Armed Schools Proposal

    12/21/2012 11:06:23 AM PST · by mdittmar · 67 replies
    ABC New ^ | December 21, | CHRISTINE ARMARIO AP Education Writer
    Parents and administrators' reactions are ranging from hesitation to anger over a proposal by the nation's largest gun-rights lobby to put an armed police officer in every school. Superintendent Hank Grishman of the Jericho, N.Y., schools on Long Island says he is outraged by the idea. He says putting more guns in schools won't make children safer, and could even put them in the line of more gunfire. Parent Helen Gym in Philadelphia believes the proposal is "extraordinarily opportunistic."
  • Kerry Has Investments in Companies Accused of Violating Iran Sanctions

    12/21/2012 10:50:39 AM PST · by Sub-Driver · 22 replies
    Kerry Has Investments in Companies Accused of Violating Iran Sanctions Daniel Halper December 21, 2012 12:59 PM John Kerry, who will be nominated later today to be the next secretary of state, is the richest member of the U.S. Senate. His estimated net worth is, at minimum, $198.65 million, according to disclosure forms. Kerry's disclosure forms also reveal that he has invested in companies accused of doing business with Iran. One of the companies Kerry is invested in is called Petroleo Brasileiro SA Petrobras (Petrobras), it's a Brazilian-based oil and gas corporation. Disclosure forms reveal that Kerry has between $150,000...