Keyword: price

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  • John Wiley Price, three others indicted; conspiracy to commit bribery alleged

    07/25/2014 9:55:16 AM PDT · by nralife · 16 replies
    Dallas News ^ | 25 July 2014 08:26 AM | Ed Timms and Kevin Krause
    Longtime Dallas County Commissioner John Wiley Price and his top assistant were arrested Friday morning by the FBI on federal bribery conspiracy charges. An indictment filed Wednesday and unsealed Friday morning lists the following charges against Price, who was taken into custody about 8 a.m.: Conspiracy to Commit Bribery Concerning a Local Government Receiving Federal Benefits Deprivation of Honest Services by Mail Fraud and Aiding and Abetting Conspiracy to Defraud the Internal Revenue Service Subscribing to a False and Fraudulent U.S. Individual Income Tax Return "The indictment unsealed today alleges that for more than a decade, in a shocking betrayal...
  • Ready For The Price Of Food To More Than Double By The End Of This Decade?

    04/20/2014 12:17:03 PM PDT · by Nachum · 78 replies
    zero hedge ^ | 4/20/14 | Tyler Durden
    It's not just beef, pork, shrimp, eggs, and orange juice... Submitted by Michael Snyder of The Economic Collapse blog, Do you think that the price of food is high now? Just wait. If current trends continue, many of the most common food items that Americans buy will cost more than twice as much by the end of this decade. Global demand for food continues to rise steadily as crippling droughts ravage key agricultural regions all over the planet. You see, it isn't just the multi-year California drought that is affecting food prices. Down in Brazil (one of the leading exporters...
  • Bitcoin Price Drops 10% as Chinese Exchanges Stop Bank Deposits

    04/10/2014 9:37:44 AM PDT · by Errant · 6 replies
    Coin Desk ^ | 10 April 2014 | Jon Southurst
    Bitcoin prices crashed today as Chinese businesses began receiving official deposit shutdown notices from banks, confirming recent suspicions of an impending crackdown. Exchanges will stop account recharging via bank accounts between now and 15th April. Even though the news has been anticipated for over a week now, bitcoin prices sank under $403 from a high of $450.74 on the CoinDesk Bitcoin Price Index after companies began making public announcements on their sites.
  • Republicans to Officially Present Alternative to Obamacare

    03/17/2014 4:56:50 AM PDT · by Kaslin · 54 replies
    Townhall.com ^ | March 17, 2014 | Katie Pavlich
    Republicans have voted more than 50 times to repeal or alter Obamacare as the popularity of the legislation continues to be nearly non-existent. In the process, Republicans have been criticized for failing to present an alternative piece of legislation to replace Obamacare. More than a dozen alternative plans have been crafted on the Hill, but Republicans haven't been able to rally around a single plan. Now, that's changing as Republican prepare to present Americans with an official alternative to the Affordable Care Act: The plan includes an expansion of high-risk insurance pools, promotion of health savings accounts and inducements for...
  • My favorite singers singing a favorite carol

    12/24/2013 11:28:03 AM PST · by Pining_4_TX · 15 replies
    youtube.com ^ | 12/24/13 | self
    The first link is to Jussi Bjorling, the greatest tenor who ever lived, singing O Holy Night. It is in Swedish, but you can think of the English as he sings. http://www.youtube.com/watch?v=lEi9IDV3BzA This second link is to Leontyne Price singing the same carol. Both of them have voices that would make a bishop kick in a stained glass window. Merry Christmas to my fellow Freepers!
  • Christmas Lights? Electricity Price Index at All-Time High in U.S.

    12/23/2013 2:12:18 PM PST · by Nachum · 22 replies
    cns news ^ | 12/23/13 | Terence P. Jeffrey
    (CNSNews.com) - Turning on the Christmas lights on a house or a Christmas tree this November cost Americans more on average than it has before, as the seasonally adjusted electricity price index hit an all-time high in the United States in November, according to data released last week by the Bureau of Labor Statistics. The average price for a kilowatt hour of electricity also set a record for the month of November, according to BLS.
  • Latest Obamacare ‘fix’: Turn it over to porn guys

    11/22/2013 5:19:29 PM PST · by Olog-hai · 13 replies
    CNBC ^ | Friday, 22 Nov 2013 | 1:24 PM ET | Jane Wells
    The technological failures of Healthcare.gov highlight the lack of technological expertise in the federal government. All the best programmers go to Apple, Google or Facebook. Or porn. “My name is Corey Price, Vice President of adult entertainment website Pornhub.com,” began a recent open letter to the White House. “On behalf of our company, I’d like to extend an offer to the Obama administration to help fix the U.S. health insurance exchange website.” (By the way, I discovered Pornhub is NOT safe for work, unless you work for the Secret Service.) And you thought the ACA rollout was already obscene. …
  • Wal-Mart blames price errors on technical glitch

    11/06/2013 3:32:58 PM PST · by Dacula · 8 replies
    AJC ^ | Wednesday, Nov. 6, 2013 | ANNE D'INNOCENZIO
    NEW YORK — Treadmills for $33? Computer monitors for $9? The deals are too good to be true — even at Wal-Mart. It turns out they're not. Wal-Mart Stores Inc. says a "technical error" caused certain products to be priced absurdly low or high on its website earlier Wednesday morning.
  • Tom Price’s Plan to Replace Obamacare: He has thrice proposed a comprehensive alternative

    08/16/2013 7:13:05 AM PDT · by SeekAndFind · 19 replies
    National Review ^ | 08/15/2013 | Andrew Stiles
    Former Speaker Newt Gingrich scolded Republicans this week for having “zero” ideas for how to replace Obamacare, a law the GOP desperately wants to repeal. It is an argument often employed by Democrats, who have been on the defensive lately as the president’s signature law has encountered a series of setbacks, and is becoming increasingly unpopular. Either way, the notion that Republicans have no plan to replace Obamacare is news to Representative Tom Price (R., Ga.), who in June introduced a comprehensive alternative health-care plan — for the third time since 2009. It was originally introduced as the Obamacare alternative...
  • High prices are driving more motorists to rent tires

    06/08/2013 10:48:09 PM PDT · by Jyotishi · 67 replies
    Los Angeles Times ^ | Saturday, June 8, 2013 | Ken Bensinger
    Chains such as Rent-a-Wheel and Rimco are seeing business boom. Many consumers pay double or triple the cost of buying and face aggressive repossession policies. When the tires on their Dodge Caravan had worn so thin that the steel belts were showing through, Don and Florence Cherry couldn't afford to buy a new set. So they decided to rent instead. The Rich Square, N.C., couple last September agreed to pay Rent-N-Roll $54.60 a month for 18 months in exchange for four basic Hankook tires. Over the life of the deal, that works out to $982, almost triple what the radials...
  • Kermit Gosnell Price Sheet Shows $1,850 for 23-24 Week Abortion

    05/03/2013 12:28:08 PM PDT · by Morgana · 6 replies
    Life News ^ | Steven Ertelt
    As the jury weighs the hundreds of charges abortion practitioner Kermit Gosnell faces, including four for killing babies in gruesome abortion-infanticide procedures, a shocking new image has emerged. A pro-life activist has sent LifeNews a copy of an image showing the prices Gosnell’s “House of Horrors” abortion clinic charged women for abortions at varying stages of pregnancy. Women would pay as much as $1,850 for an abortion done at 23-24 weeks of pregnancy, a stage at which unborn children have shown the ability to survive outside his or her mother’s womb. The price sheet indicates women paid lower prices for...
  • 7 Reasons Why Oil Prices Won't Plunge

    04/30/2013 1:38:33 AM PDT · by Laurent.w · 8 replies
    Forbes ^ | April 29th 2013 | Christopher Helman
    U.S. oil output is now at 6.5 million bbl per day, in third place after Saudi Arabia and Russia (both at roughly 9.8 million bpd). There are seven good reasons why we will not see a sustained plunge in crude. - The decline rate in the Gulf of Mexico, for instance, is 23%, with the North Sea is about 10%. That means the industry needs to develop a new Saudi Arabia every two years, just to stay even. - Despite the enormous growth in the U.S., the costs of getting that oil out are growing at unprecedented rates. Bernstein figures...
  • $85 the make or break price for the oil patch

    03/24/2013 3:16:46 AM PDT · by Laurent.w · 18 replies
    theglobeandmail ^ | May. 17 2012, | Carrie Tait
    Canadian Natural Resources Ltd. has rolled out two key numbers: 85 and 75. Réal Cusson, the company’s senior vice president of marketing, on Wednesday told investors where the price of oil must trade in order for energy companies to make a go of it in the oil sands and shale gas formations. In the oil sands, Mr. Cusson said companies will flirt with trouble if the price of crude dips to $85 (U.S.) per barrel as expansion spreads in northern Alberta. “The economic reality is something we’ll have to adjust to. If oil goes down to $85, and there’s no...
  • This Hasn't Happened to Gold Since 1998 (Gold price drop)

    02/25/2013 4:26:40 PM PST · by Nachum · 12 replies
    guru focus ^ | 2/25/13 | staff
    The last three weeks have been torrid for gold investors. Over that time, the gold price has fallen by about $100 — a loss of about 5%. And unless gold closes above $1,605 per oz., gold will see a "death cross" of its 50-day and 200-day moving averages. n other words, its 50-day moving average will cross below its 200-day moving average — which hasn't happened since 1998. I don't recommend you try to trade gold. Instead, you should think of gold as a form of "cash" that central banks cannot print.
  • Video: Say, where are those ObamaCare premium price cuts?

    02/11/2013 10:01:40 AM PST · by Nachum · 3 replies
    Hot Air ^ | 2/11/13 | Ed Morrissey
    The White House on Sunday stepped up pressure on Republicans to adopt a short-term budget patch that would cancel the $85 billion in spending “sequesters” due on March 1, saying that government spending is still needed to prop up a stubbornly sluggish economy. Late last week, White House officials laid out a list of potential cuts they would have to make if the sequesters aren’t averted, saying they’d be forced to kick children out of the Head Start education program and cut federal loans to small businesses. The officials even warned that more American workers could die as a result...
  • S&P sees deeper house price falls in eurozone as slump engulfs core

    01/21/2013 4:21:40 AM PST · by MeneMeneTekelUpharsin · 5 replies
    The Telegraph - UK ^ | 17 January 2013 | Ambrose Evans-Pritchard
    “Downturns in the Dutch and French housing markets appear to be accelerating. We forecast nominal price declines of nearly 6pc and 5pc respectively this year as rising unemployment, decelerating wages, and the prospect of austerity measures frightens off buyers,” said Jean-Michel Six, the agency’s chief Europe economist. France’s house market has been a bastion of stability through most of the global crisis but prices began to slip last year as President François Hollande embarks on a draconian fiscal squeeze to meet EU deficit targets, mostly by raising taxes. Home sales collapsed by 24pc in September from a year ago, the...
  • Boehner’s Biggest Threat (Representative Tom Price of Georgia is a conservative force)

    12/10/2012 7:15:38 AM PST · by Fred · 31 replies
    National Review ^ | 121011 | Robert Costas
    Should a debt deal go sour, the buzz is that Tom Price, a 58-year-old physician from Georgia, may challenge John Boehner for the speaker’s gavel. “Price is the person we’re all watching,” says an aide close to House leadership. “We know he’s frustrated, but we don’t know much else.” In an interview with National Review Online, Price won’t speculate about his future, but he acknowledges his growing uneasiness. “My concern is that within our conference, conservatives, who are a majority, don’t have a proper platform,” he says. “That’s true at the leadership table and on the steering committee.”
  • [San Francisco] MTC building price soars to $218 million

    11/29/2012 2:09:40 PM PST · by Lonely Bull · 4 replies
    sfgate.com ^ | Thursday, November 29, 2012 | Michael Cabanatuan and John Coté
    (11-29) 12:56 PST San Francisco -- Things are looking up for the Metropolitan Transportation Commission's controversial plan to transform the old tank factory and postal facility at 390 Main St. into a suitable place for regional agencies to cohabit - particularly the price tag. The estimated cost now stands at $218 million, which is $38 million higher than the original estimate from July 2011 but $51 million more than the most recent estimate, adopted in November 2011. (The projected cost fell after the agency bought the building at a lower price.)
  • Ray Price Cancer Diagnosis Hasn't Slowed Legend Down

    11/06/2012 7:02:17 PM PST · by smalltownslick · 8 replies
    The Boot (and others) ^ | 11-06-12 | The Boot
    Ray Price has revealed he's battling pancreatic cancer, but the 86-year-old country legend refuses to let the disease stop him from entertaining his adoring fans. "The doctor said that every man will have cancer if he lives to be old enough," the singer tells the San Antonio Express-News. "I don't know why I got it -- I ain't old." This is Price's second cancer scare. In 2009, he underwent surgery to remove polyps from his colon. The music icon's latest diagnosis came after gallbladder surgery revealed a tumor. He endured six months of chemotherapy and is happy to report the...
  • Papa John's Pizza To Raise Prices Because Of Obamacare

    08/07/2012 10:49:00 PM PDT · by KerryOnNoMore · 15 replies
    CBS ^ | 08/07/2012 | Harry Bradford
    After President Obama's health care law takes full effect, the slogan for national pizza chain Papa John's may need an update. Instead of, “Better ingredients. Better Pizza,” may we suggest, “Better health care. Pricier pizza." Papa John's CEO John Schnatter says that Obamacare will result in a $0.11 to $0.14 price increase per pizza, or $0.15 to $0.20 cents per order, Pizza Marketplace, a trade publication, reports. (Hat tip: @dkberman via Twitter.) Under Obamacare, the company, which is the third-largest pizza takeout and delivery chain in the United States, will have to offer health care coverage to more of its...
  • What has caused the recent drop in oil price/bbl(about $20/bbl; $0.60/gal at the pump)? (Vanity)

    05/30/2012 7:51:58 PM PDT · by izzatzo · 49 replies
    self ^ | 05/30/2012 | izzatzo
    Actually, I know the answer to my own question. The answer is manyfold: Hussein has lifted the drilling moratorium; Hussein approved Keystone; Hussein has opened domestic exploration, drilling, and production; Hussein has opened the "strategic reserve"; Hussein didn't actually "invest" all those billions in Brazil's, etc. petroleum industries, he invested it our petroleum industry; Hussein Obama pees oil thereby increasing domestic supply driving the price down; isn't Obama wonderful? NOT I'm not an industry economist so what did I miss? Don't tell me it's all because of Memorial Day and summer's arrival, that doesn't make sense. This is not an...
  • Highest Gas Price Recorded in March

    03/19/2012 9:04:54 PM PDT · by Nachum · 22 replies
    abc ^ | 3/19/12 | By Zunaira Zaki
    The average price of a gallon of regular is now $3.87, the highest recorded price in March. The average price is up nearly 4 cents from a week ago, and over 30 cents from a year ago, according to the Department of Energy, as more drivers face gas prices of $4 a gallon or more across the country. Last week, the average gas price was $3.83 a gallon, the previous record according to data going back to 1990. The West Coast was once again the most expensive region with an average gas price of $4.23, up almost 2 cents from...
  • White House looks to change the optics in debate over rising gas prices

    03/17/2012 3:21:59 PM PDT · by Libloather · 34 replies · 1+ views
    The Hill ^ | 3/16/12 | Amie Parnes
    White House looks to change the optics in debate over rising gas pricesBy Amie Parnes - 03/16/12 06:39 PM ET The White House is shifting its optics on gas prices after struggling in recent days to win the public debate over the issue. President Obama will head to Nevada, New Mexico, Oklahoma and Ohio next week to tout American-made energy—including an area which houses more than seventy active drilling rigs. The trip—which includes three battleground states—provides for much-needed photo-op moments of Obama visiting or possibly even speaking in front of active wells, which the White House hopes will hammer home...
  • Falling Oil Prices (in 2008) Complicate Obama Team's Agenda (Climate Control)

    03/15/2012 3:17:16 AM PDT · by God-fear-republican · 2 replies
    WSJ ^ | December 12, 2008 | NEIL KING JR. and STEPHEN POWER
    Back in late 2008, President-elect Obama picked Nobel Prize-winning physicist Steven Chu as his energy secretary. Chu wanted to raise US gas price to the level of Europe, meaning $1.50/gal to $5.34/gal. Here is his own words: “Somehow we have to figure out how to boost the price of gasoline to the levels in Europe," said in an interview with WSJ in September 2008. Their agenda at that time and still now is to control the climate change by reducing oil consumption by raising gas price and using alternative fuels, by banning drilling or coal energy. At the end, this...
  • On This Day In History.... Gas Prices Have Never Been Higher

    03/14/2012 12:08:45 PM PDT · by tcrlaf · 15 replies
    Zerohedge ^ | 3-14-12 | Tyler Durden
    . . Presented with little comment except to remind all those newly refreshed consumers that for every penny rise in pump prices, more than $1bn is added to the hoousehold spending bill (assuming driving habits are unaffected - which brings its own set of unintended consequential events). For this week of the year, we have never seen higher prices of Gasoline... and we note that gas prices are rising at almost the same analog rate as last year (and well above average) which offers little hope for the notably higher absolute levels which is all important for our pocket-books...
  • Senate rejects plan to open Arctic refuge to drilling

    03/13/2012 3:09:05 PM PDT · by Free ThinkerNY · 37 replies · 1+ views
    Associated Press ^ | March 13, 2012 | Sean Cockerham
    WASHINGTON _ The Senate on Tuesday resoundingly rejected a sweeping measure to open the Arctic National Wildlife Refuge and other protected areas to oil drilling, as well as to approve construction of the Keystone pipeline project. Tuesday's vote was the first time in four years that the Senate has voted on a measure including ANWR drilling, and it failed miserably.
  • Newt Gingrich's Lower Gas Price Promise

    February 28, 2012 Newt Gingrich's lower gas price promise 2012 candidate guarantees he can lower gas to $2.50 a gallon and explains how he will do this
  • The poor pay the price for Obama’s politics

    02/06/2012 9:26:44 PM PST · by Nachum · 8 replies
    Washington Post ^ | 2/6/12 | Michael Gerson
    Some issues fade; others fester. The Obama administration’s contraceptive mandate for religious charities, hospitals and universities is the festering kind. The initial reaction concerned the rights of institutions. Catholic organizations naturally resent being forced to buy health insurance that covers sterilization, contraceptives and drugs that can end a pregnancy soon after conception. The Obama administration seems to have calculated that, since contraceptives are popular and the Catholic Church is not, the outcry would be isolated. But religious liberty is also popular, given the Constitution and all that.
  • Pricey picks: Powerball lottery tickets will double in price to $2 beginning in January

    01/15/2012 6:11:17 PM PST · by Libloather · 21 replies
    Pricey picks: Powerball lottery tickets will double in price to $2 beginning in JanuaryBy Associated Press, Published: January 1 DES MOINES, Iowa — Powerball lottery organizers are betting that bigger jackpots will entice more people to play, but gamblers are going to have to dig deeper into their wallets to try their luck. Tickets for the multistate game are doubling in price to $2 beginning Jan 15. While the odds of winning one of the game’s giant jackpots also are improving, those in charge of the lottery are gambling that people are willing to pay more for the hope of...
  • Expiring Ethanol Credit to Add to Gas Price Jump (4.5 cents more a gallon - North Carolina)

    12/28/2011 1:39:13 PM PST · by Libloather · 9 replies
    WCTI 12 ^ | 12/28/11
    Expiring Ethanol Credit to Add to Gas Price JumpBy WRAL POSTED: 9:04 am EST December 28, 2011 RALEIGH -- Lack of action by state lawmakers and Congress is expected to raise gas prices in North Carolina by more than 8 cents a gallon, starting Sunday. Half of the increase comes from the state. North Carolina's gas tax is linked to the price of gas and is adjusted every six months. Because gas prices have gone up since July, the state tax, which is already one of the highest in the country, is going up by 3.9 cents a gallon on...
  • Employment Laws and the Price of Labor

    12/22/2011 4:26:51 PM PST · by bthockey
    The Band Of Patriots ^ | 12/21/11 | Bryan Thomas
    Many people in America believe that wages of employees are as low as they are merely because of “corporate greed” and that companies want to take advantage of their employees. However, most people that think rationally and for themselves don’t believe this. If the leaders of America would let free markets work, companies and corporations would have to offer competitive pay for their workers to beat out competition. Government regulations and minimum wage laws are the reason why unemployment is so high in America, these problems don’t occur because people on Wall Street are greedy. The first and most important...
  • Calif. renewable energy goals come at a price

    11/24/2011 8:55:38 AM PST · by SmithL · 20 replies
    San Francisco Chronicle ^ | 11/24/11 | David R. Baker, Chronicle Staff Writer
    California's increasing use of renewable power will come at a price, pushing up electricity bills across the state. And while it's impossible to tell how big the cost to consumers will be, some experts fear the total cost of renewable energy in California will be in the billions of dollars. In the next three years, many long-planned solar plants and wind farms will come online, bringing California closer to its goal of getting one-third of the state's electricity from renewable sources by 2020. As soon as they start delivering power to utility companies, the utilities' customers will start paying for...
  • Tide turns against dark pools (non-finance sector worried))

    11/09/2011 4:54:26 AM PST · by TigerLikesRooster · 9 replies
    Financial News ^ | 10/25/11 | Shanny Basar and Giles Turner
    Tide turns against dark pools Shanny Basar and Giles Turner 25 Oct 2011 Some of the world’s largest corporates have expressed concern regarding the growth of trading on dark pools, amid an increase in regulatory activity against the trading venues. A BNY Mellon Global Trends in Investor Relations survey of 650 companies across 53 countries, published today, discovered that a third of respondents believed dark pools “negatively impact global trading markets and that more oversight is necessary.” Peter Kondrup from drinks company Carlsberg said in the survey: “If you take it from our view point, we believe that it definitely...
  • The decadence of 'dark pool' markets

    11/09/2011 4:49:39 AM PST · by TigerLikesRooster · 4 replies
    China Daily ^ | 11/07/11 | Daryl Guppy
    The decadence of 'dark pool' markets Updated: 2011-11-07 07:49 By Daryl Guppy (China Daily) The collapse of MF Global Holdings again highlights the perils of derivative leverage in a loosely regulated market. It shows the need for genuine transparency in financial markets. The decadence of 'dark pool' markets MF Global had $1.4 billion in equity which it used to run up $44.4 billion in liabilities largely in trading European debt. The collapse of MF Global also dragged down its other trading operations, hitting individual investors and traders who found their accounts frozen and positions liquidated at unfavorable prices. MF Global...
  • The Bush-Obama Rx Shortages-Critical cancer drugs are in short supply thanks to price controls

    11/02/2011 5:12:58 AM PDT · by WOBBLY BOB · 19 replies
    WSJ-editorial ^ | 11-2-11 | WSJ
    Shortages have more than tripled since 2005, according to the University of Utah's Drug Information Service, and by the end of the year more than 300 products are likely to be back-ordered, in short supply or totally unavailable. Some are anesthetics and pain therapies, others emergency room "crash cart" drugs. But most—about 70% in 2010—belong to the class of drugs known as "sterile injectables" that are mainstays of the chemotherapy arsenal, such as paclitaxel or cytarabine.
  • 25 Cent Jump upwards in Gas Price

    10/13/2011 6:32:36 PM PDT · by GreyFriar · 57 replies · 1+ views
    Gas Buddy & local gas station ^ | 13 Oct 2011 | self
    Gasoline price in Jasper County, Indiana jumped 26 cents a gallon between 8am and 1pm on Thursday, 13 Oct 2011
  • U.S. consumer prices jump 0.4% in August: ‘Core’ rate highest since late 2008

    09/15/2011 6:03:30 AM PDT · by Free Vulcan · 7 replies · 1+ views
    Marketwatch ^ | 9.15.11 | Jeffry Bartash
    ...The Labor Department on Thursday said consumer prices rose a seasonally adjusted 0.4% in August. The increase was largely responsible for a 0.6% drop in the average hourly wages of U.S. workers, adjusted for inflation. It marked the biggest one-month decline in more than three years. Stripping out the volatile food and energy categories, the “core” rate of consumer price inflation rose a smaller 0.2%. Yet the core rate has also been rising steadily, hitting a 12-month level of 2.0% for the first time since November 2008.
  • Biggest Gold Drop Since December 2008 Send Metal To... Week Ago Levels

    08/24/2011 7:42:45 AM PDT · by SeekAndFind · 21 replies
    Zero Hedge ^ | 08/24/2011 | Tyler Durden
    Gold this morning is plunging by the most since December 2008. For those seeking the reason for the sell off, it once again appears that the market is about 24 hours late in processing news that has been out for over a day. One of the main catalysts for today's gold price is the realization that the Shanghai Gold Exchange hiked gold margins by 26%. Of course that this happened not one but two days ago (as we reported) is irrelevant. There are other factors to be sure: on Tuesday holdings of the SPDR Gold Trust , the world's...
  • CA: High-speed rail price tag soars again, this time on pace to surpass $60 billion

    08/10/2011 9:12:03 AM PDT · by NormsRevenge · 36 replies · 4+ views
    Mercury News ^ | 8/10/11 | Mike Rosenberg
    For the second time since voters approved California's massive bullet train project, the state on Tuesday raised the total price tag for the first stretch by several billion dollars -- and now the cost for the entire rail line is on pace to skyrocket to an eye-popping $60 billion to $80 billion or even more. The latest estimates put the cash-strapped state even further behind in bankrolling its biggest, and one of its most polarizing, public works plans ever, as California struggles to secure funds from shy investors and broke governments. Still, project officials are ramping up to spend billions...
  • Should I Buy Gold Now That It Is At Its All-Time High?

    07/27/2011 1:31:27 PM PDT · by SeekAndFind · 43 replies
    Zero Hedge ^ | 07/27/2011 | Simon Black of Sovereign Man
    There’s one question that I’ve been seeing over and over for the last several weeks as the price of gold has taken out its all-time highs and continued a nearly uninterrupted ascent: Should I buy gold now? It’s understandable, especially for people who don’t own precious metals yet. Nobody wants to be the sucker who buys gold at the top, only to watch it crater back to $1200 or below. But here’s some food for thought– The US dollar is shattering historic lows against currencies like the Swiss franc, Australian dollar, and Singapore dollar. Any currency that isn’t a complete...
  • Chart of the Day: The Higher Education Bubble

    07/25/2011 11:36:05 AM PDT · by Cheap_Hessian · 5 replies
    The American ^ | July 25, 2011 | Mark J. Perry
    AEI’s Michael Barone wrote recently about the higher education bubble, which could also described as a “low-interest education loan bubble” to reflect the government’s role in subsidizing higher education, similar to its role in subsidizing homeownership. The topic has been receiving a lot of attention lately, and there is even now a Wikipedia listing for “higher education bubble.”
  • Gold $2000 In Four Months (Debt crises in Europe and the U.S. will lead to it)

    07/16/2011 7:28:21 AM PDT · by SeekAndFind · 6 replies
    Business Insider ^ | 07/16/2011 | Gus Lubin
    Hinde Capital's Ben Davies says the debt crises in Europe and the U.S. will lead to only one thing: Gold 2K. He tells King World News: “This has the smell of 1998 when I was trading US government bonds and everyone was away on holiday and problems were beginning to brew. Stock markets were beginning to get violent in reaction to Russia’s problems and it all kicked off in the summer months and people were being called back to their desks. I just have that same kind of feeling now. This is not one I want to fight, the market...
  • Gold Surges To New All Time Record

    07/13/2011 7:52:26 AM PDT · by SeekAndFind · 9 replies
    Zero Hedge ^ | 07/13/2011 | Tyler Durden
    Market regulators forcing short squeezes? Check. Central banks using mob-style gimmicks to push the price of "assets" around? Check. Market confidence back to 100%? We'll have to get back to you on that. Gold spot just touched on a fresh new intraday all time high of just under $1,579... and is going much, much higher. After all, the most important question - Everyone is broke? Check.
  • US puts a price on Lockerbie bomber

    07/03/2011 2:42:30 PM PDT · by Nachum · 23 replies
    The Australian ^ | 7/3/11 | Staff from agencies
    US President Barack Obama had made a secret deal with Libyan rebel leaders to capture the freed Lockerbie bomber from Libya and return him to face justice in the US, the Mail on Sunday reported yesterday. The British daily quoted senior congressional sources in Washington as saying that Mr Obama had told the Libyan rebels through intermediaries that a condition of Washington's continued support was that they must hand over Abdelbaset al-Megrahi to US special forces if they enter Tripoli. The mission would involve Megrahi being flown to a neutral Arab country by US special forces and on to the
  • Bachmann Playing With House Money

    06/20/2011 10:58:33 PM PDT · by jennychase · 141 replies
    Rollcall ^ | June 20, 2011, Midnight | By Paul Singer
    On Nov. 5, 2009, at the behest of Rep. Michele Bachmann, thousands of tea party activists descended on the Capitol to vent their rage over the health care overhaul bill pending before Congress. The assembled activists chanted, "Kill the bill! Kill the bill!" and waved signs opposing a government takeover of health care — but they may not have known that the same government was paying for the event. According to House expense reports, Bachmann and three conservative GOP colleagues — Reps. Tom Price (Ga.), Steve King (Iowa) and Todd Akin (Mo.) — each paid $3,407.50 that day, a total...
  • Democrat Seeking ‘Price-Fixing’ Probe of Oil Refineries Not Sure How Many Are Run by ‘Big Oil’

    05/20/2011 10:50:44 AM PDT · by jazusamo · 12 replies
    CNSNews ^ | May 20, 2011 | Penny Starr
    (CNSNews.com) - Senate Democrats are calling on the Federal Trade Commission to investigate possible price-fixing of gasoline by U.S. refineries because “recent reports,” according to the senators, suggest the refiners are trimming supply to keep prices high. But a federal report from November shows that refinery stockpiles started to decline in 2008, if not earlier. At a press conference on Tuesday, Sen. Claire McCaskill (D-Mo.) and Sen. Charles Schumer (D-N.Y.) announced that they had sent a letter that day to the FTC, “to request the Commission begin an investigation into potential price fixing of gasoline by U.S. refiners.” “Recent...
  • Breakdown of Gas Prices

    05/07/2011 8:26:00 AM PDT · by originalbuckeye · 49 replies · 4+ views
    none | 5/7/11 | originalbuckeye
    Can anyone provide a current breakdown of gas prices? I want to forward to my friends who think that Big Oil is the big winner when prices spike up. I'm assuming that all the Fed, State and Local taxes are the main reason. Thanks.
  • Silver's Shine Is Fading Fast. Tumbles in the Last Two Days, Quickly Losing 10 percent.

    05/04/2011 6:27:30 AM PDT · by SeekAndFind · 39 replies
    CNBC ^ | 05/04/2011 | Patti Domm
    Silver's shine is fading fast, and the market for the precious metal may have reached a top in a speculative, mad dash by ETF investors. "The last move higher over the last month or so has really been driven by the strength of the retail investment demand, so the levels up here are not supported," said Suki Cooper, precious metals analyst with Barclays Capital. "At levels above $40, we've seen some concern rising on the industrial demand side. The last leg higher has been investment-driven, rather than fundamentally supported. In that respect, the correction was due. I would say from...
  • I Couldn't Fill My Gas Tank to go to the "Dead bin Laden Celebration"

    05/03/2011 7:40:05 AM PDT · by xzins · 24 replies
    Bloggers and Personal ^ | 3 Apr 11 | Xzins
    I woke up at 3 am yesterday morning. It was a bleary-eyed, “oh-God-I-fell-asleep-in-the-chair” awakening. Everything ached. I pushed myself out of the chair planning to stumble to the bed for a few hours of real sleep. I'd nodded off with the TV on, and blazoned across the TV screen was a banner that read "Bin Laden Dead". I thought, "Never heard of that movie before." Then a talking head was on the screen telling how Mr. Terror and his beard had both met their demise at the hands of Navy Seals and Army helicopters. Fascinated, I plopped back down in...
  • Silver fever is about to break, and break badly (Buying opportunity as mania subsides)

    04/29/2011 6:35:44 AM PDT · by SeekAndFind · 35 replies
    Marketwatch ^ | 04/29/2011 | Howard Gold, No Nonsense Investing
    I was just starting to work on a column about silver mania Tuesday morning when a big, beautifully produced ad insert on silver, of all things, arrived with my Financial Times. Proclaiming that “silver is the single greatest profit opportunity of our time,” the insert featured a huge, nearly three-dimensional replica of a one-ounce U.S. silver eagle, with Liberty herself reaching out her hand and In God We Trust right there for all to see. The coin replica, some 3 ½ inches in diameter, shone like a harvest moon, glittering with the possibility of instant riches. And — you just...