Keyword: socialism

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  • Venezuelans Don't Like The Idea Of Being Fingerprinted Just To Buy Groceries

    08/30/2014 10:20:43 AM PDT · by blam · 28 replies
    BI - Reuters ^ | 8-30-2014 | Alexandra Ulmer
    Alexandra Ulmer, Reuters August 29, 2014 CARACAS (Reuters) - A government plan to combat Venezuela's food shortages by fingerprinting shoppers in grocery stores has sparked a backlash ranging from violent street protests to social media campaigns ridiculing the idea. Shoppers have for more than a year struggled to find basic goods including cooking oil, powdered milk and corn flour as well as detergent, shampoo and diapers. Apart from a short supply of dollars for imports, the shortages have been blamed on heavy subsidies that allow shoppers to stock up on staples and resell them in neighboring Colombia or on the...
  • Obama: GOP captive to ideologically rigid group

    08/30/2014 7:01:44 AM PDT · by Rusty0604 · 35 replies
    CNS Bews ^ | 08/29/2014 | DARLENE SUPERVILLE
    President Barack Obama on Friday blamed dysfunction in Congress on a Republican Party he said is captive to an ideologically rigid, unproductive and cynical faction, urging like-minded Democrats to show up for November's midterm elections. Addressing Democratic donors at a fundraiser in Rhode Island and another in New York, Obama said Republicans had realized that blocking all progress led Americans to become cynical about government. Republicans consider that "a pretty good thing" because they don't believe in government to begin with, Obama said. "It doesn't have to be that way," Obama said during a barbecue in Purchase, New York. "There...
  • It Begins: "Central Banks Should Hand Consumers Cash Directly"

    08/28/2014 6:53:33 AM PDT · by Mechanicos · 55 replies
    Zero Hedge ^ | 08/26/2014 | Tyler Durden
    ... The reasoning was very simple: in a country (and world) drowning with debt, there are only two options to extinguish said debt: inflate it away or default. Anything else is kicking the can while making the problem even worse. ... Moments ago a stunning article appearing in the "Foreign Affairs" publication of the influential and policy-setting Council of Foreign Relations, titled "Print Less but Transfer More: Why Central Banks Should Give Money Directly to the People." ... In it we read the now conventional admission of failure by Keynesians, who however, unwilling to actually admit they have been wrong,...
  • Obamacare: Does Covered California really have you covered?

    08/28/2014 6:18:14 AM PDT · by Oldeconomybuyer · 5 replies
    San Jose Mercury News ^ | August 27, 2014 | By Emily Bazar
    A worrisome trend is emerging among some Californians who thought they were safe and secure under Covered California: Their plans are being canceled without consent and sometimes without notice. Take Ricki Manahan, who lives in Truckee near Lake Tahoe. Manahan and her husband signed up for an Anthem Blue Cross plan from Covered California early this year. They paid their premiums but out of nowhere last month, the couple received new insurance cards in the mail for Medi-Cal, the state's Medicaid program, which provides publicly funded insurance to low-income residents. A growing number of Californians with Covered California plans are...
  • Anti-stress law moves step closer in Germany

    08/28/2014 12:23:00 AM PDT · by Olog-hai · 20 replies
    TheLocal.de ^ | 26 Aug 2014 14:47 CET
    Germany’s Labor Minister Andrea Nahles has given her backing to an anti-stress law, announcing a study into workers’ mental health on Tuesday. Nahles told the Rheinische Post newspaper that she had commissioned the Federal Institute for Health and Safety at Work to come up with a report on the feasibility of a possible law to protect workers from stress caused by smartphones and constant contact with their bosses. “There is an undeniable link between having to be constantly available [for work] and the rise in mental illnesses,” she said, but she added it would be a challenge to implement any...
  • CBO revises estimate, warns U.S. economic growth will underwhelm in 2014

    08/27/2014 1:35:40 PM PDT · by SeekAndFind · 25 replies
    Hotair ^ | 08/27/2014 | Noah Rothman
    The Congressional Budget Office released a bit of a good news/bad news report on Wednesday regarding the state of the U.S. economy and federal budget. In the bad news column, CBO projected 2014’s GDP growth at just 1.5 percent. The report blamed this revision on “the surprising economic weakness in the first half of the year.” In early June, the International Monetary Fund projected the United States to grow by just 2 percent this year, revising its own estimate down from a previously anticipated 2.7 percent GDP expansion. This report is not likely to be warmly greeted by the...
  • Cry for Argentina

    08/27/2014 10:09:22 AM PDT · by Sean_Anthony · 4 replies
    Canada Free Press ^ | 08/27/14 | Douglas V. Gibbs
    Liberal left socialist utopianism has destroyed Argentina's economy, and the country is now joining the ranks of leftist economies gasping for air, and slowly A year ago conservatives in Argentina claimed the South American country was headed in the same direction as Venezuela. Economic freedom was under assault because of the institution of a failed Bolivarian economic monster - Hugo Chavez’s “twenty-first century socialism” was destroying yet another South American victim. As with any nation that embraces socialism and abandons the free market, poverty increases, and things like toilet paper become a luxury. Liberal left progressive big government madness filled...
  • CBO forecasts $506 billion budget deficit for 2014 (1.5% GDP)

    08/27/2014 7:41:15 AM PDT · by Oldeconomybuyer · 10 replies
    Market Watch ^ | August 27, 2014 | By Robert Schroeder
    The Congressional Budget Office on Wednesday raised its estimate of the federal government’s budget deficit for the current fiscal year as it slashed its growth forecast, and warned red ink was due to rise in coming years if Washington doesn’t change current laws. In an update of budget and economic projections for 2014 to 2024, the nonpartisan CBO said the U.S. government’s deficit for fiscal 2014 will be $506 billion, or 2.9% of gross domestic product. The new estimate is $14 billion more than the agency’s prior estimate for the year, issued in April. The agency lowered its projection of...
  • Amid Rationing, Venezuela Takes The Misery Crown

    08/26/2014 4:20:08 PM PDT · by jazusamo · 30 replies
    Investors.com ^ | August 26, 2014 | IBD Editorial
    Socialism: As Venezuelans prepare to be fingerprinted to buy bread, it bears noting that their country's transformation came with the late Hugo Chavez's promise of "a sea of happiness." Some happiness. Fact is, socialism has made Venezuela the most miserable place on earth. But don't take our word for it. That's the result of objective research by Johns Hopkins University economist Steve Hanke. He has created a "Global Misery Index" based on the original inflation-unemployment misery index of the late economist Arthur Okun and the interest rate and GDP per capita additions of Harvard economist Robert Barro. Put them all...
  • French government dissolved amid turmoil

    08/25/2014 3:03:19 AM PDT · by NautiNurse · 70 replies
    CNN ^ | August 25,2014 | Jethro Mullen
    <p>The French government was dissolved Monday amid turmoil among top ministers.</p> <p>President Francois Hollande asked Prime Minister Manuel Valls to form a new government, which will be announced Tuesday...</p> <p>"The crisis in the heart of the government is clear, and it promises to be bloody," reported Le Figaro, a right-leaning national newspaper.</p>
  • Venezuela to introduce new biometric card in bid to target food smuggling

    08/22/2014 4:06:00 PM PDT · by Ben Mugged · 10 replies
    The Guardian ^ | 21 August 2014 | Virginia López
    Fingerprint scanning to be used to fight food shortages made worse by hoarding and smuggling to neighboring countries. Venezuela's president, Nicolás Maduro, plans to introduce a compulsory "biometric card" designed to limit individuals' food purchases using a fingerprint scanner. The move, announced on Wednesday, is part of the government's latest effort to fight the oil-rich nation's chronic food shortages, which it claims result from hoarding by speculators, who resell goods at a profit, and from smuggling into neighbouring countries. This will be the second time the government has introduced a fingerprint-based system to track and limit food purchases. Earlier this...
  • Zimbabwe economy takes another dive

    08/21/2014 2:40:16 PM PDT · by george76 · 12 replies
    ap ^ | FARAI MUTSAKA
    Several million Zimbabweans left for South Africa and other countries during past economic turmoil. Now, a year after the re-election of longtime leader Robert Mugabe, the country is facing new financial hardships. Zimbabwe's unemployment rate is estimated at 80 percent, pushing many people try to earn a living as street traders.
  • EU justice chief criticizes Google on ‘right to be forgotten’

    08/21/2014 3:22:54 AM PDT · by Olog-hai · 4 replies
    EU Observer ^ | 19.08.14 @ 09:30 | Benjamin Fox
    The EU’s justice commissioner has accused internet giant Google of leading a campaign to shoot down data protection reforms. Speaking in Lyon, France on Monday (18 August), the commissioner, Martine Reicherts, said: “Google and other affected companies who complain loudly” about a recent EU court verdict on personal data are “detractors … attempting to throw a new spanner in the works”. The Luxembourg-based EU court in May ruled that Google must remove links to any content that is “inadequate, irrelevant or no longer relevant” or face a fine.The ruling was based on the bloc’s 1995 data protection law, which are...
  • Leonardo DiCaprio fights 'carbon monster' in new eco-documentary

    08/20/2014 2:25:18 PM PDT · by Oldeconomybuyer · 66 replies
    Today ^ | August 20, 2014 | by Erin Quinlan
    Seems the Wolf of Wall Street has a few economic ideas for halting climate change. In a new documentary called “Carbon,” released online Wednesday, narrator Leonardo DiCaprio contends that trillions of dollars’ worth of fossil fuels are awaiting commercial extraction from the ground — and that if we burn them, our planet is toast. Clocking in at under nine minutes, the short doesn't mince words: DiCaprio and climate scientists argue that coal, natural gas and other carbon-based forms of energy are a "monster" that has created catastrophic surges in the earth’s surface temperature. In response, some lawmakers around the world...
  • Field Poll: Obamacare support in California grows

    08/20/2014 7:39:14 AM PDT · by Oldeconomybuyer · 26 replies
    Orange County Register ^ | August 20, 2014 | BY BERNARD J. WOLFSON
    California voters, who have always favored the Affordable Care Act by a large majority, now support it more strongly than ever, according to an opinion survey published Tuesday. A new Field Poll, conducted from late June to mid-July, shows that 56 percent of registered voters in the state favor the health reform law, also known as Obamacare, while 35 percent are opposed. The poll, sponsored by the California Wellness Foundation, was based on telephone interviews conducted from June 26 to July 19 – in seven languages – with 1,535 registered voters.
  • White House won't reveal documents related to ObamaCare website security

    08/19/2014 1:22:16 PM PDT · by Oldeconomybuyer · 4 replies
    FOX News ^ | August 19, 2014
    The White House has rejected a request to publicly disclose documents relating to the kinds of security software and computer systems behind the federal health care exchange website on the grounds that the information could "potentially" be used by hackers. The Centers for Medicare and Medicaid Services denied a Freedom of Information Act request made late last year by the Associated Press amid concerns that Republicans raised about the security of the website, which had technical glitches that prevented millions of people from signing up for insurance under ObamaCare. In denying access to the documents, including what's known as a...
  • EPA’s air quality measures would hammer Nevada

    08/19/2014 12:54:34 PM PDT · by Oldeconomybuyer · 11 replies
    Las Vegas Review-Journal ^ | August 19, 2014 | By ANASTASIA SWEARINGEN
    In 2011, President Barack Obama famously called for “shared sacrifice” in America. Three years later, his wish might just become the Environmental Protection Agency’s command. In the coming months, Obama’s EPA will decide whether to further tighten air quality requirements, known as the National Ambient Air Quality Standards. If the EPA gets its way (to which it is accustomed), the vast majority of the country, including Las Vegas and nearly all of Nevada, would fall into so-called “non-attainment” — when the EPA deems air pollution levels “persistently exceed” limits. This is up from a few isolated regions just five years...
  • China promises to rein in executive pay

    08/18/2014 9:08:58 PM PDT · by Olog-hai
    Associated Press ^ | Aug 18, 2014 10:19 PM EDT
    China’s president has promised to rein in “unreasonably high” pay for executives at government-owned companies in an apparent effort to mollify public frustration at the wealth of state industry. President Xi Jinping’s announcement, carried by the official Xinhua News Agency, comes as the ruling Communist Party is pressing government officials to cut spending on limousines, banquets and other trappings of office. …
  • NY Fed: Firms 'widely' see Obamacare boosting health costs

    08/18/2014 4:38:25 PM PDT · by Oldeconomybuyer · 6 replies
    CNBC ^ | August 18, 2014 | by Dan Mangan
    Many businesses said Obamacare is jacking up their employee health coverage costs, and they expect it to do so even more next year, two new surveys of businesses by the Federal Reserve Bank of New York have found. Not all firms surveyed said the Affordable Care Act (ACA) is to blame for those cost increases to date. But a majority did. About 20 percent of respondents to both surveys said they were reducing their number of workers and/or raising the share of part-time workers as a result of the ACA. "A similar proportion said they were paying less compensation per...
  • The Coming Race War Won’t Be About Race

    08/17/2014 5:18:21 PM PDT · by SkyPilot · 195 replies
    Time Magazine ^ | 16 Aug 14 | Kareem Abdul-Jabbar
    Ferguson is not just about systemic racism—it's about class warfare, and how America's poor are held back ill the recent rioting in Ferguson, Missouri, be a tipping point in the struggle against racial injustice, or will it be a minor footnote in some future grad student’s thesis on Civil Unrest in the Early Twenty-First Century? More Feds Will Perform Another Autopsy on Michael Brown NBC NewsHungry Heroes: 25 Percent of Military Families Seek Food Aid NBC News'We Have Had Enough': Ferguson Rally Remembers Michael Brown NBC NewsFerguson Protesters Guard Stores From Looters Huffington PostWestboro Baptist Church's Plan To Protest Robin...
  • The case for free tampons

    08/16/2014 1:58:29 AM PDT · by 2ndDivisionVet · 60 replies
    The Manchester Guardian ^ | August 11, 2014 | Jessica Valenti
    The cost of a product that half the world’s population needs multiple times a day, every month for approximately 30 years, is simply too much.When I got my first period, I was in the most embarrassing place my then-11-year-old self could have imagined: my grandparents’ house. I wasn’t sure what to do, so I just put on extra pairs of underwear and threw them away one-by-one, scrunched at the bottom of the bathroom trash bin, as I bled through them. Finally, with nary a pair of panties in sight, I was forced to tell my mother. I have never been...
  • The deadliest disease of all

    08/14/2014 11:02:09 AM PDT · by Oldpuppymax · 5 replies
    Coach is Right ^ | 8/14/14 | Kevin "Coach" Collins
    Disease is the absence of health. Although many diseases still have the potential to end our life we have found ways to combat them and avoid the deadly pandemics of the past. History tells us between 75 and 200 million people died in Europe during the middle years of the 14th century. It took just six years to sweep across the continent and reduce the population by at least 1/3. Those who survived were emotionally and financially destroyed. Because of modern medicine and a clearer understanding of the how and why of epidemics we are at much less risk of...
  • The EPA's Latest Threat to Economic Growth

    08/13/2014 5:02:06 PM PDT · by Oldeconomybuyer · 17 replies
    Wall Street Journal ^ | August 13, 2014 | By JAY TIMMONS
    The agency's needless new ozone standard could cost Americans $270 billion annually. In a town famous for inaction, Washington is gearing up to take action on a major policy issue. But there's a hitch: The outcome could be the most expensive regulation in the nation's history, possibly tanking the economy and costing jobs at a time when businesses, manufacturers and families are making a comeback. Later this year, the Environmental Protection Agency will decide whether it should tighten the air-quality standard for ground-level ozone. There are several things about this possible new standard that are alarming. No single regulation has...
  • Full Repeal [of Obamacare]

    08/13/2014 1:09:08 PM PDT · by PapaNew · 17 replies
    #FullRepeal ^ | Aug 13, 2014 | Ted Cruz
    As a result of YOUR efforts, we WILL repeal every word of Obamacare!
  • Ebola and Climate Change: Are Humans Responsible for the Severity of the Current Outbreak?

    08/12/2014 3:35:16 PM PDT · by Oldeconomybuyer · 23 replies
    Newsweek ^ | August 12, 2014 | By Elijah Wolfson
    ... In a study published in 2012, researchers asked national infectious disease experts in 30 different countries whether or not they thought climate change would affect infectious disease patterns in their countries. The majority agreed. Nevertheless, it’s unclear whether these beliefs are driven by good science, or, as Malcolm Gladwank argued way back in 1995, a guilt-driven “idea of disease as a punishment for wickedness.” It’s true that West Africa, where the latest and most catastrophic Ebola outbreak is currently raging, has faced unequivocal environmental changes in recent years. The International Food Policy Research Institute published a report in 2013,...
  • Obamacare At Risk For 310,000 Who Must Provide Proof Of Citizenship, Immigration Status

    08/12/2014 12:55:12 PM PDT · by Oldeconomybuyer · 26 replies
    The Huffington Post ^ | August 12, 2014 | by Jeffrey Young
    President Barack Obama's administration is contacting 310,000 Obamacare enrollees starting Tuesday to warn them that they must verify they are U.S. citizens or legal residents -- or their benefits will be cut off. In letters being delivered in English and Spanish, the Centers for Medicare and Medicaid Services instructs the enrollees to provide additional documentation regarding their citizenship or immigration status by Sept. 5. Without that documentation, their health insurance plans will be rescinded Sept. 30. The recipients of these letters are people who have not responded to five to seven previous attempts to obtain their documents, according to a...
  • Meet Four Business Owners Squeezed by Obama's Secret Operation Choke Point

    08/12/2014 12:03:46 PM PDT · by PapaNew · 15 replies
    With no explanation, Brian Brookman last month lost the bank account for his pawn shop. He had no idea why. Brookman says his store in Grand Haven, Mich., never had been in trouble with federal or state officials. And being in the pawn industry, he was required by law to get a city license every year. “If there was ever a problem, they wouldn’t renew my license,” Brookman, a former police officer and Army veteran, told The Daily Signal. After researching his case on the Internet, Brookman says he concluded that his banker, JP Morgan Chase, closed the account because...
  • PACOM not waiting on politics to plan for climate change challenges

    08/09/2014 5:44:56 AM PDT · by Oldeconomybuyer · 5 replies
    Stars and Stripes ^ | August 9, 2014 | By Wyatt Olson
    FORT SHAFTER, Hawaii. — As Congress remains gridlocked on more than 200 bills related to climate change, U.S. Pacific Command is forging strategies with partner nations in the region to mitigate the security effects of global warming. “You can’t deny the fact that there are military consequences going on as a result of storms,” said Brig. Gen. Mark McLeod, who headed PACOM’s Logistics, Engineering and Security Cooperation directorate for two years until transferring to the Pentagon this summer. “Seventy percent of the bad storms that happen in the world are in the Pacific,” he said. “Call it climate change, call...
  • CA school to allow some students to practice medicine after three years of training

    08/07/2014 3:24:54 PM PDT · by Oldeconomybuyer · 19 replies
    Science Recorder ^ | August 7, 2014 | by Lea Clay
    The University of California at Davis Medical School recently received a five-year, $1 million grant from the American Medical Association, which gives the school’s medical students the option to become primary care physicians in just three years through the establishment of a new program called Accelerated competency-based Education in Primary Care. Despite some concerns, as medical student Ngabo Nzigira admitted in a recent Capital Public Radio interview, “I thought, ‘Oh man, you want me to put the intensity and stress that is medical school in four years, you want me to condense it down to three years. I’m not sure...
  • The American Conundrum.

    08/07/2014 3:47:33 AM PDT · by DH · 13 replies
    Email | Unknown | Unknown
    Conundrum --------------------------------------------------------- Free people are not equal. Equal people are not free. "A gun is like a parachute. If you need one, and don't have one, you'll probably never need one again." The definition of the word "Conundrum" is: something that is puzzling or confusing. Here are six Conundrums of socialism in the United States of America: 1. America is capitalist and greedy - yet half of the population is subsidized. 2. Half of the population is subsidized - yet they think they are victims. 3. They think they are victims - yet their representatives run the government. 4. Their...
  • The K-12 Conspiracy

    08/05/2014 5:36:24 PM PDT · by BruceDeitrickPrice · 12 replies
    American thinker ^ | July 16, 2014 | Bruce Deitrick Price
    John Dewey is often blamed (by me and many others) for being the cause of the long, relentless decline in American public education. In fairness, he is only the famous face of a bigger story. In the early years of the 20th century, as the Victorian era moved toward the wasteland of World War I, anxiety and ferment rippled across America and Europe. Unions were rising; revolution was preached in every capital; assassinations were common. There was genuine fear that civilization would fly apart. Edward A. Ross, a sociologist, published an influential book in 1901: Social Control: a survey of...
  • Inside the Tiny House Movement where more and more Americans have rejected tradition for a simpler..

    08/05/2014 10:02:25 AM PDT · by C19fan · 110 replies
    UK Daily Mail ^ | August 5, 2014 | David McCormack
    Once upon a time an American family’s home was their castle and the bigger the better, but growing concerns about meeting mortgage payments and the environmental impact of large houses has helped fuel a new movement of people who are happy to live small. The Tiny House Movement is a growing group of people who are happy to downsize the space that they live in and enjoy simplified lives as a result. While the average American home is around 2600 square feet, the typical small or tiny house is around 100-400 square feet.
  • California bill would start nation’s first diaper assistance program

    08/05/2014 4:12:27 AM PDT · by Oldeconomybuyer · 52 replies
    Sacramento Bee ^ | August 2, 2014 | By Isabelle Taft
    It was the last week of the month, and Shanique Brown had already spent her $515 in CalWORKs benefits. Other programs would prevent Brown and her 18-month-old son, Armani, from going hungry, but the 22-year-old single mom had no money for a necessity so basic it is often forgotten: diapers. “I cried and cried,” said Brown, now 24. Armani is now potty-trained, but a new state bill seeks to ensure low-income parents will never face the challenge Brown did. If passed, Assembly Bill 1516 would make California the first state in the country to create a diaper assistance program for...
  • New Study Sees Atlantic Warming Behind a Host of Recent Climate Shifts

    08/03/2014 12:48:03 PM PDT · by Oldeconomybuyer · 43 replies
    New York Times ^ | August 3, 2014 | By ANDREW C. REVKIN
    Using climate models and observations, a fascinating study in this week’s issue of Nature Climate Change points to a marked recent warming of the Atlantic Ocean as a powerful shaper of a host of notable changes in climate and ocean patterns in the last couple of decades — including Pacific wind, sea level and ocean patterns, the decade-plus hiatus in global warming and even California’s deepening drought Here’s the University of New South Wales news release: Atlantic warming turbocharges Pacific trade winds. Record breaking trade winds may have led to hiatus in global surface average temperatures. New research has found...
  • Shattering Myths to Help the Climate

    08/02/2014 7:44:45 AM PDT · by Oldeconomybuyer · 31 replies
    New York Times ^ | August 2, 2014 | By ROBERT H. FWANK
    Each new climate-change study seems more pessimistic than the last. This May and June, for example, were the hottest ones on record for the planet. Effective countermeasures now could actually ward off many of these threats at relatively modest cost. Yet despite a robust scientific consensus that greenhouse gas emissions are at the root of the problem, legislation to curb them has gone nowhere in Congress. In response, President Obama has proposed stricter regulations on electric utilities, which some scientists warn may be too little, too late. Why aren’t we demanding more forceful action? One reason may be the frequent...
  • Florida’s Biggest Obamacare Insurer Hiking Premiums Over 17 Percent

    08/01/2014 3:03:02 PM PDT · by Oldeconomybuyer · 23 replies
    The Daily Caller ^ | August 1, 2014 | by Sarah Hurtubise
    Florida’s largest Obamacare exchange health insurer is boosting its premiums by 17.6 percent, a staggering increase for hundreds of thousands of Floridians. Florida Blue, the Blue Cross Blue Shield insurer in Florida, has the largest market share of any insurer operating on the state’s Obamacare exchange. The company cited higher health costs than expected due to an older customer base which is using more health services than they’d prepared for, according to Kaiser Health News. Patrick Geraghty, Florida Blue’s CEO, had previously warned that the company was under “tremendous financial pressure” and that they’d be seeking significant hikes.
  • Obamacare opponents ask Supreme Court to step in

    08/01/2014 2:19:47 PM PDT · by Oldeconomybuyer · 21 replies
    MSNBC ^ | August 1, 2014 | By Adam Serwer
    The group seeking to invalidate the Affordable Care Act’s subsidies to Americans purchasing health insurance through federally run state marketplaces is asking the Supreme Court to take up the case early. The Competitive Enterprise Institute, the conservative group funding challenges to the IRS rule allowing subsidies to flow to state exchanges, announced Thursday that it was asking the Supreme Court to intervene. The challengers argue that the Affordable Care Act only allows subsidies in exchanges set up by states – an interpretation that could lead to millions of people being unable to afford coverage. Owing largely to Republican resistance, only...
  • Poll: Record 53% Disapprove of Obamacare

    08/01/2014 9:51:20 AM PDT · by Olog-hai · 5 replies
    Cybercast News Service ^ | August 1, 2014 - 8:54 AM | Barbara Boland
    53% of Americans have an unfavorable opinion of Obamacare, up 8% since last month. This is the largest unfavorable opinion of the Affordable Care Act (ACA) in the survey’s four year history, a poll by the Kaiser Family Foundation finds. Only 37% of people actually have a favorable opinion of the law. Obamacare lost favorability with women, whites, and those in the low and middle income brackets, along with other groups—including Democrats. …
  • Manufacuturers' study: New EPA rules could cost Arkansas 10,000 jobs

    07/31/2014 4:15:36 PM PDT · by Oldeconomybuyer · 13 replies
    The City Wire ^ | July 31, 2014 | by Wesley Brown
    A study released by the National Association of Manufacturers (NAM) on Thursday said the Environmental Protection Agency’s (EPA) new ozone standards could cause Arkansas to lose more than 10,000 jobs, pay more than $240 million in environmental compliance costs, and shut down most of the state’s coal-fired electric generation. “Manufacturing in the United States is making a comeback, and we’re reducing emissions at the same time, but tightening the current ozone standard to near unachievable levels would serve as a self-inflicted wound to the U.S. economy at the worst possible time,” NAM President and CEO Jay Timmons said. “This rule...
  • EPA's proposed ozone rules could choke Louisiana industry, business group says

    07/31/2014 4:07:14 PM PDT · by Oldeconomybuyer · 8 replies
    The Times-Picayune ^ | July 31, 2014 | By Jennifer Larino
    Louisiana businesses and consumers could face one of the most expensive federal regulations in history, according to a new study released Thursday (July 31) by the National Association of Manufacturers, an industry advocacy group. The study, conducted for the association by NERA Economic Consulting, estimates it will cost Louisiana companies $189 billion over two decades to comply with new limits on ozone emissions the Environmental Protection Agency is slated to propose later this year. The report says the Louisiana economy stands to lose as much as $53 billion in gross state product and nearly 117,000 jobs per year if the...
  • Testimony, advocates clash at EPA coal hearings

    07/31/2014 3:44:00 PM PDT · by Oldeconomybuyer · 20 replies
    WTAE-TV Pittsburgh ^ | July 31, 2014 | by JOE MANDAK
    PITTSBURGH —Union miners and others opposed to stricter pollution rules for coal-burning power plants proposed by the Environmental Protection Agency clashed inside and outside the city's federal building on the first of two days of public hearings on the new regulations. About 5,000 union members, led by the United Mine Workers of America, on Thursday marched to the William S. Moorhead Federal Building chanting, "Hey, hey, EPA! Don't take our jobs away!" A few members of a Pittsburgh-based union, Boilermakers Local 154, traded shouts and insults with some 300 environmental activists who stood on a nearby street corner as the...
  • In private meetings, Jerry Brown encounters a ‘more critical’ Mexico

    07/31/2014 3:37:14 PM PDT · by Oldeconomybuyer · 12 replies
    Fresno Bee ^ | July 30, 2014 | BY DAVID SIDERS
    Gov. Jerry Brown was about to leave Mexico’s capital after four days of talks pressing on the environment, and he wasn’t sure, broadly speaking, how his diplomacy might add up. Meetings held out of public view – dinner with business magnate Carlos Slim and talks with the poet Homero Aridjis and Cuauhtémoc Cárdenas Solórzano, a founder of Mexico’s Party of the Democratic Revolution, among others – were “more critical” on any number of issues, Brown said, than was on display at his official functions. “Some of the more private guys,” Brown said, were “not that optimistic” that people are interested...
  • Rushed HHS Let Contractors Fumble Obamacare Website, GAO Says

    07/31/2014 9:31:21 AM PDT · by Oldeconomybuyer · 10 replies
    NBC News ^ | July 31, 2014 | BY MAGGIE FOX AND JOEL SEIDMAN
    A rushed team at the Department of Health and Human Services failed to plan properly or watch over contractors hired to set up and run the online health insurance exchange, setting it up for its spectacular blowout when it rolled out last October, according to a report to be released Thursday. And unless HHS acts, more problems could happen this year, the report warns. Federal officials had just three and a half years to design, build and launch the online marketplace from the time the Affordable Care Act was signed in March 2010 to the time it had to be...
  • Argentina Defaults

    07/30/2014 3:24:33 PM PDT · by jimbo123 · 43 replies
    Yahoo Finance ^ | 7/30/14 | Linette Lopez
    Argentina has defaulted again. Argentine Finance Minister Axel Kicillof is now addressing the world from Argentina's consulate in New York City. He has delivered the news that Argentina is in default, having failed to satisfy the demands of a group of hedge fund creditors negotiating over $1.3 billion worth of debt owed to them for over a decade. "The Argentine Republic has filed for a stay [on payment] with Judge Griesa... The Judge decided that if the vulture funds said there could be a stay there would be a stay," said Kicillof. "The vulture funds were not willing to grant...
  • BREAKING: Senate report exposes the movement as cash machine controlling the EPA

    07/30/2014 2:53:00 PM PDT · by Enchante · 33 replies
    Watts Up With That ^ | July 30, 2014 | Anthony Watts
    How a Club of Billionaires and Their Foundations Control the Environmental Movement and Obama’s EPA A new report was released today by the Senate Environment and Public Works committee, and it is damning. All this time that climate skeptics are accused of being in the employ of “big oil” is nothing more than a projection of their own greed. Some excerpts: Over 7.9 BILLION in funding between these groups.
  • Obama’s Support Of Islamic Socialism Seen In Israel

    According to President Obama, Muslims built the “very fabric of our nation.” This is interesting because the very fabric of our nation was built during the colonial period. During this time there wasn’t a single Muslim in America. In fact, there’s no record of a mosque in the United States until 1915 when a group of Albanians built one in Maine. Obama’s rewriting of history is on one hand ridiculous and on the other hand completely understandable. This President favors Islamic socialism in the middle east and he favors socialism at home. He’s in bed with Islam because it suits...
  • El Salvador: 'A new progressive hope for Latin America'

    07/28/2014 7:52:36 AM PDT · by Oldeconomybuyer · 9 replies
    The Green Leaf Weekly (Communists) ^ | July 28, 2014 | By Marta Harnecker
    What does the triumph of FMLN candidate Salvador Sanchez Ceren, in the March 9 presidential elections in El Salvador represent for Latin America? I see his victory as very significant because it not only further strengthens the progressive current expanding through Latin America since the 1998 triumph of Chavez in Venezuela, but because he is the first president since Chile's Salvador Allende to reach the presidency by putting forward a project that he had no qualms in calling socialist. At the same time, he has explained socialism as a democratic, participatory project that is not decreed from above. This idea...
  • IATA seeks meeting with Venezuela president over money owed to airlines

    07/28/2014 7:35:52 AM PDT · by Oldeconomybuyer · 4 replies
    Reuters ^ | July 28, 2014 | by Victoria Bryan
    A leading air transport industry body has called for a top-level meeting with the Venezuelan president to discuss ways to restore over $4 billion of airlines' money that is trapped in the country due to its currency controls. President Nicolas Maduro's government requires airlines to sell tickets in the bolivar currency but has been slow to allow them to repatriate the earnings. IATA said on Monday that international capacity on routes to Venezuela is down 36 percent year-on-year, or down 49 percent from 2013 peaks. "Confidence in the market is falling sharply," Tyler said. "Venezuela risks becoming disconnected from the...
  • What Margaret Thatcher Missed: Why you can never "run out of other people's money" to spend

    07/28/2014 6:56:49 AM PDT · by SeekAndFind · 23 replies
    American Thinker ^ | 07/28/2014 | James Longstreet
    The “Iron Maiden." She was the staunch and sturdy leader of Great Britain who once held up F. A. Hayek’s masterwork “Road to Serfdom” and declared “This is what we believe in.” Hayek’s work is a road map for what could go wrong when individual freedoms are lost and central planning becomes the answer for every ill. When truth is bent to meet the moment and government decision making is the proposed cure all, “serfdom” is the destination. Margaret, in believing Hayek’s cautionary, also declared that Socialism cannot sustain itself. Socialism can not last because eventually “you run out of...
  • Book Publishing Needs Socialism to Save It ("need" to suppress competition like France does)

    07/27/2014 2:24:07 PM PDT · by ransomnote · 46 replies
    bookmarketingbuzzblog.blogspot.com ^ | July 24, 2014 | Brian Feinblum
    Book Publishing Needs Socialism to Save It Let me just state up front that I love America and wouldn’t live anywhere else but, I also believe there’s room for a blend of socialism and capitalism to exist in a democratic society, and when it comes to how books are sold or treated, I prefer what the French and other advanced nations do. They protect books and the printed word. I applaud them—and so should you. Here in the U.S., thanks largely to Amazon, books have become commoditized. You can buy clothes based on price—or a desk or the hotel you...