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Business/Economy (Bloggers & Personal)

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  • ‘Kiss your pension fund goodbye’? Economist warns government could seize 401(k)s

    05/25/2015 5:06:04 PM PDT · by SkyPilot · 50 replies
    Economic Collapse News ^ | 25 May 2015 | Andrew Moran
    The United States government could start seizing 401(k) plans, says one economist who believes a recent Supreme Court ruling sets the stage for Washington to initiate any such plans. Economist Martin Armstrong published a blog post Monday that took a look at the recent Tibble v. Edison case. The court concluded that employers have an obligation to protect their workers’ 401(k) plans from mutual funds that provide deplorable returns. Armstrong thinks this could give the federal government the arsenal to begin seizing private funds and take companies to court if mutual funds perform poorly. This comes as the Obama administration...
  • Oil Markets Can’t Ignore The Fundamentals Forever

    05/25/2015 11:59:22 AM PDT · by bananaman22 · 18 replies
    Oilprice.com ^ | 25-5-2015 | Arthur
    Storage withdrawals and falling rig count have been the main sources of hope that U.S. tight oil production will fall and that oil prices will rebound. That hope is fading as it is now clear that recent withdrawals from U.S. crude oil storage are because of price, not falling supply, and that the drop in rig count has stalled. Figure 1 below shows the relationship between U.S. crude oil storage inventory and WTI price. The thinking around recent withdrawals from storage is that this reflects depleting supply. The data, however, reflects that traders were storing crude oil during the price...
  • BBC: Somalia beach Guard with Leather AK Mag Pouches

    05/25/2015 6:06:06 AM PDT · by marktwain · 3 replies
    Gun Watch ^ | 24 May, 2015 | Dean Weingarten
    As I watched a BBC news story about how order is being restored to Somalia, I could not help but notice the beach guard with his AK 47 and the very nice,  leather magazine pouches for 30 round magazines.   They seem to be attached to a load bearing system with shoulder straps.  From the uniformity of the pouches, it appears to be at least a local cottage industry.  The top flap seems to protect the magazines from sand, and I expect that in Somalia, a desert country, mold and decay are not huge problems.  I wonder how the leather...
  • Feature: The new shape of fusion

    05/24/2015 10:15:25 PM PDT · by 2ndDivisionVet · 13 replies
    Science ^ | May 21, 2015 | Daniel Clery
    ITER, the international fusion reactor being built in France, will stand 10 stories tall, weigh three times as much as the Eiffel Tower, and cost its seven international partners $18 billion or more. The result of decades of planning, ITER will not produce fusion energy until 2027 at the earliest. And it will be decades before an ITER-like plant pumps electricity into the grid. Surely there is a quicker and cheaper route to fusion energy. Fusion enthusiasts have a slew of schemes for achieving the starlike temperatures or crushing pressures needed to get hydrogen nuclei to come together in an...
  • Are They About To Confiscate Money From Bank Accounts In Greece Just Like They Did In Cyprus?

    05/24/2015 3:53:23 PM PDT · by SeekAndFind · 19 replies
    TEC ^ | 05/24/2015 | Michael Snyder
    Do you remember what happened when Cyprus decided to defy the EU? In the end, the entire banking system of the nation collapsed and money was confiscated from private bank accounts. Well, the nation of Greece is now approaching a similar endgame. At this point, the Greek government has not received any money from the EU or the IMF since August 2014. As you can imagine, that means that Greek government accounts are just about bone dry. The new Greek government continues to insist that it will never “violate its anti-austerity mandate”, but the screws are tightening. Right now the...
  • National restaurant chain offers veterans a free meal

    05/24/2015 3:28:07 PM PDT · by 2ndDivisionVet · 32 replies
    KFOX-TV ^ | May 24, 2015 | Victor Venegas
    EL PASO, Texas -- On the day to remember America's war dead, Twin Peaks is saying thank you to military veterans by offering a free meal this Memorial Day. The national chain is making the meals available to all current and former members of the U.S. Armed Forces at all its locations in the Borderland and across the country. The offer is valid for lunch or dinner. Veterans will get to choose a free entrée from a special menu, which includes Blackened Chicken Quesadillas and Fish Tacos.
  • Fox News Turns On Mike Huckabee And Tries To Kill His Presidential Campaign

    05/24/2015 2:27:39 PM PDT · by 2ndDivisionVet · 47 replies
    PoliticusUSA - Real Liberal Politics ^ | May 24, 2015 | Jason Easley
    Fox News has decided that Mike Huckabee should not be the Republican nominee, so Chris Wallace went on the attack against Huckabee’s flat tax plan on Fox News Sunday. Video: (VIDEO-AT-LINK)CHRIS WALLACE: You want to abolish the income tax. You want to abolish the IRS and create a fair tax, which as you say is a national sales tax, but critics say the problem with that is that it’s too regressive. The Tax Policy Center said this, that “the average rate for the lowest income group would exceed 33% while the average rate for the top group would fall to...
  • The Congressional Board of Exchange

    05/24/2015 6:44:28 AM PDT · by Sean_Anthony
    Canada Free Press ^ | 05/24/15 | Sandy Stringfellow
    Congress is forgetting its duty: to improve jobs and wages for Americans We are living in a political world of the UniParty; it’s sort of like the Chicago Mercantile Exchange, a historic commodity and – in these modern times – financial derivative exchange based in Chicago. Naturally, the UniParty isn’t quite as obvious as the Chicago floor traders standing in a trading pit, calling out orders, prices, and quantities of particular commodities while dressed in color-coded jackets indicating their function on the trading floor; nor are those in the Senate usually observed gesticulating with complex hand signals to communicate the...
  • Extreme Networks Cuts 18 Percent Of Workforce; Plans To 'Rely More On Channel Partners' (285 jobs)

    05/23/2015 9:13:15 PM PDT · by 2ndDivisionVet · 7 replies
    CRN ^ | May 21, 2015 | Mark Haranas
    Extreme Networks on Thursday disclosed plans to restructure by cutting 18 percent of its global workforce -- 285 jobs -- and investing in software and cloud services for the channel. Some sales positions were included in the job cuts, and Extreme plans to fill those gaps by working more closely with solution providers, said Ed Meyercord, president and CEO of Extreme, during a conference call. "In certain markets, rather than have the fixed costs of a direct sales team or people in place, we'll cover that through the channel and channel partners," Meyercord said. "We're going to rely more heavily...
  • Unilever to close last Md. factory (Baltimore, 137 layoffs)

    05/23/2015 8:53:39 PM PDT · by 2ndDivisionVet · 15 replies
    The Baltimore Sun ^ | May 12, 2015 | Natalie Sherman
    Unilever plans to move production of vegetable oil and margarine spreads from Baltimore to Kansas beginning at the end of the month, shutting its Baltimore plant and laying off 137 workers. The consumer goods giant plans to shift operations from its Southwest Avenue factory to Olathe, Kansas, where it performs similar work and embarked on a $152.5 million expansion in 2013. Unilever informed Maryland regulators of the layoffs, which begin this month, in a notice last month, as required by the Worker Adjustment and Retraining Notification Act. The plant is slated to close by the end of September. The Southwest...
  • Coal-mine companies expect 2,267 layoffs

    05/23/2015 8:35:49 PM PDT · by 2ndDivisionVet · 25 replies
    The Columbus Dispatch / The Associated Press ^ | May 23, 2015 | Jonathan Mattise
    CHARLESTON, W.Va. — Appalachian coal mining suffered a double blow on Friday, as Murray Energy announced plans to lay off more than 1,800 miners, most from West Virginia, and Alpha Natural Resources told 439 more Mountain State miners they could be out of work. The announcements continue a grim employment trend for the Appalachian coalfields. On Friday, St. Clairsville, Ohio-based Murray Energy said it told 1,417 workers at five West Virginia mines that their jobs must be eliminated....
  • The Case For Reparations: 40 Acres and a Mule Would Cost America at Least $6.4 Trillion Today

    05/23/2015 5:35:51 PM PDT · by 2ndDivisionVet · 42 replies
    The Atlanta Black Star ^ | May 23, 2015 | David A. Love
    If you were to guess how much the United States owes Black people in economic damages for slavery, how much would it be? In the part of the “I Have A Dream” speech that no one seems to remember, Dr. Martin Luther King Jr. declared: “It is obvious today that America has defaulted on this promissory note insofar as her citizens of color are concerned. Instead of honoring this sacred obligation, America has given the Negro people a bad check, a check which has come back marked ‘insufficient funds.’” While some people would conclude that no dollar amount can...
  • Analysis ranks best, worst states for military retirees

    05/23/2015 3:16:27 PM PDT · by 2ndDivisionVet · 18 replies
    KRQE-TV ^ | May 23, 2015 | Brittney Petro
    A newly released analysis ranks “2015’s Best and Worst States for Military Retirees” based on a state’s ability to support retired veterans. WalletHub looked at 20 key factors when determining the rankings. The three major categories in the ranking included economic environment, quality of life and healthcare. However, WalletHub took other factors into consideration as well, such as job opportunities, housing prices, veteran-owned businesses and veteran homelessness. Top 5 States for Military Retirees: 1. Wyoming 2. Montana 3. South Dakota 4. Maine 5. Florida Bottom 5 States for Military Retirees: 51. Indiana 40. Rhode Island 49. District of Columbia 48....
  • A $77 3D Printer is Unveiled! Say Hello to the Lewihe Play

    05/22/2015 8:37:01 PM PDT · by 2ndDivisionVet · 7 replies
    3DPrint ^ | May 21, 2015 | Eddie Krassenstein
    With all technology, prices tend to come down as time goes on. This was seen within the personal computer market and the 2-dimensional printer market, and now we are starting to really see this happen within the 3D printing space as well. Whether you are a consumer and you love the fact that prices continue to drop, or if you are a manufacturer and you hate it, we can probably expect this trend to continue at least a little bit longer. Just 2 years ago, if you wanted a desktop 3D printer, you were looking at spending four figures. There...
  • Coffee And Cream: The Conversation Starbucks Refused To Serve

    05/22/2015 8:00:57 PM PDT · by xuberalles · 30 replies
    Self | 05/22/15 | Me
    It has long been suspected America is on the downside of history; often a self-inflicted spiral delivered by the hand of incompetence, corruption or irreverence. That being said, I cannot ignore a fundamental truth that is at the very heart of the rhetoric dividing our communities and destroying our nation. The real reason there is such a high degree of cynicism and distrust along racial lines is because of the unpleasant realities people either completely ignore, carefully avoid or foolishly justify. Call them clues or outright statistical proofs; just know they are the symptoms of our country’s impending peril. Despite...
  • Say goodbye to your clunky air conditioner—this table uses no electricity to regulate temperature

    05/22/2015 7:30:55 PM PDT · by 2ndDivisionVet · 65 replies
    Business Insider ^ | May 19, 2015 | Megan Willett
    Consisting simply of a surface and legs, the table is one piece of furniture that has remained largely the same for thousands of years. But now, a French design duo has come up with a way to turn the humble table into a means of climate control that doesn't use any electricity. Paris-based industrial designer Jean-Sébastien Lagrange teamed up with French engineer Raphaël Ménard to create the Zero Energy Furniture table, also known as the ZEF Climatic Table. The ZEF table looks like any other with the sleek design of a solid plank oak top and angled legs — but...
  • $100 billion Saudi built-from-scratch city to be ready by 2035

    05/22/2015 6:40:54 PM PDT · by 2ndDivisionVet · 7 replies
    KOMO-TV / The Associated Press ^ | May 22, 2015 | Karin Laub
    SOUTHERN SHUNEH, Jordan - A $100 billion city-from-scratch in Saudi Arabia is to be completed by 2035 and will serve as the main logistics and manufacturing hub for countries on the Red Sea, the world's "largest new emerging market," said the CEO of the company in charge of the mega-project. The business model of an entire city being built by the private sector was so unusual that it required adjustments in the beginning, said Fahd al-Rasheed, the Group CEO of Emaar Economic City (EEC), which is building the King Abdullah Economic City. "Putting that first phase together is the most...
  • This Is How You "Boost" GDP: US Sells Over $4 Billion In Weapons To Israel, Iran And Saudi Arabia

    05/22/2015 8:42:03 AM PDT · by SeekAndFind · 11 replies
    Zero Hedge ^ | 05/22/2015 | Tyler Durden
    War, what's it good for? Aside from countless deaths of innocent civilians of course, it means a GDP boost for the biggest exporter of weapons on earth, the United States, and even more profits for the US military-industrial complex. Profits which mean the shareholders of America's arms manufacturers get even richer. Which is why following months of middle-eastern sabre ratling and numerous quasi-wars already raging in the region, moments ago the U.S. State Department approved the sale of 10 MH-60R Seahawk helicopters to Saudi Arabia for $1.9 billion, the first step in "a major multibillion-dollar modernization of the Saudi...
  • Adult dating site hack exposes millions of users (Adult Friend Finder)

    05/22/2015 4:07:03 AM PDT · by 2ndDivisionVet · 23 replies
    Belfast's News Channel 4 ^ | May 21, 2015 | Geoff White
    Hackers have struck one of the world's largest internet dating websites, leaking the highly sensitive sexual information of almost four million users onto the web. The stolen data reveals the sexual preferences of users, whether they're gay or straight, and even indicates which ones might be seeking extramarital affairs. In addition, the hackers have revealed email addresses, usernames, dates of birth, postal codes and unique internet addresses of users' computers. Channel 4 News has been investigating the cyber underworld, discovering which websites have been hacked and exposing the trade in personal information of millions of people through so-called "dark web"...
  • OPEC Struggling To Keep Up The Pace In Oil Price War

    05/21/2015 1:39:25 PM PDT · by bananaman22 · 4 replies
    Oilprice.com ^ | 21-05-2015 | Leonard Brecken
    Some market watchers, such as Cornerstone Analytics (CA), have consistently stated that the underestimation of demand, coupled with over-estimation of supply, will mask the growing call on OPEC oil in the second half of this year. CA recently noted that global demand outstripped supply by some 4 million barrels in April . This comes in addition to the mounting evidence that the oil market, via rig count declines, slowing production growth, higher demand and huge API crude inventory declines, is starting to readjust. Be that as it may, Goldman Sachs (GS) seems to believe oil must fall to $45 by...
  • Would You Like Fries With That Demonstration?

    05/21/2015 1:22:43 PM PDT · by jfd1776 · 13 replies
    Illinois Review ^ | May 21, 2015 A.D. | John F. Di Leo
    Reflections on the "minimum wage hike" protests today at McDonald's Oak Brook headquarters... On a cool May morning, as McDonalds’ shareholders met to determine the fast food giant’s future course, some 2000 protesters, hailing from as far as Kansas City and New York, descended upon them to present a list of demands. Raise the starting wage to $15/hour, they threatened, lest the company be forever branded with such monikers as Exploiter, Villain, Robber Baron and Tyrant! The Chicago Tribune, newspaper of record in the blighted metro area that McDonald’s calls home, was happy to give front page coverage to these...
  • World’s Largest Indoor Farm In Japan Produces 100 Times More Food Than Other Farms [Video]

    05/21/2015 12:41:29 PM PDT · by 2ndDivisionVet · 23 replies
    The Inquisitr News ^ | January 27, 2015 | Jan Omega
    When it comes to farming, there is no better time than now to get into the field. Thanks to technological advances ushered in by the green movement, farming has evolved from a traditional means to sustain a personal living to a science with the potential to feed millions. The Inquisitr previously reported on how technology-assisted farming has become a blessing to others. Former NFL football player, Jason Brown, watched DIY videos on Youtube to learn how to grow 46,000 pounds of sweet potatoes and 10,000 pounds of cucumbers, which he donated to pantries and kitchens. In Irvine, California, an entire...
  • In need of assistance in debate about Socialism

    05/21/2015 10:57:10 AM PDT · by youngphys01 · 106 replies
    So I am in a debate with colleagues about the future of capitalism and socialism and they are claiming that with the rise of automation, capitalism will fail as an economic system and the only way to prevent mass starvation and severe poverty i to implement all of the socialist ideas of Obama, Elizabeth Warren, Nancy Pelosi and others and do it now. The idea is that with the rise of automation technology, any job that depends on manual labor and repetitive actions will simply be gone and tons of construction and other jobs will disappear. And so there will...
  • When a Good Deal is a Bad Deal

    05/21/2015 6:57:25 AM PDT · by Sean_Anthony · 3 replies
    Canada Free Press ^ | 05/21/15 | Robert Rosebrock
    We still have thousands upon thousands of war-injured and impoverished homeless Veterans and they need your help to speak out in their behalf Fellow Veterans and Friends of Veterans When the Plaintiffs and Defendants jointly announced the so-called “settlement agreement,” the lead spokesman for the Plaintiffs called it “a good deal” and I called it a “Trojan Horse.” The lawyers for both the Plaintiffs and Defendants said “trust us.” Well, we trusted them and the settlement is proving to be a very bad deal for Veterans as the “Trojan Horse” has taken over and it is a very good deal...
  • Thinking About China

    05/21/2015 6:39:18 AM PDT · by Sean_Anthony
    Canada Free Press ^ | 05/21/15 | Al Caruba
    China’s economic clout is real and growing rapidly, especially since the 2008 financial crisis. China has been the main engine of growth for the world’s economy since that time and, by some measures, has become the world’s number one trading state Napoleon Bonaparte purportedly said “Let China sleep, for when China wakes, she will shake the world.” As Thomas J. Christensen, the author of his recently published “The China Challenge: Shaping the Choices of a Rising Power”, reminds us, “For millennia China was arguably the greatest civilization on the planet and for many previous centuries its most powerful empire.” China...
  • What If Everybody Didn't Have to Work to Get Paid?

    05/20/2015 8:27:35 PM PDT · by 2ndDivisionVet · 70 replies
    The Atlantic ^ | May 18, 2015 | David R. Wheeler
    Scott Santens has been thinking a lot about fish lately. Specifically, he’s been reflecting on the aphorism, “If you give a man a fish, he eats for a day. If you teach a man to fish, he eats for life.” What Santens wants to know is this: “If you build a robot to fish, do all men starve, or do all men eat?” Santens is 37 years old, and he’s a leader in the basic income movement—a worldwide network of thousands of advocates (26,000 on Reddit alone) who believe that governments should provide every citizen with a monthly stipend big...
  • Goldman Sachs Predicting $45 Oil By October

    05/20/2015 11:34:40 AM PDT · by bananaman22 · 8 replies
    Oilprice.com ^ | 20-05-2015 | pricingpoints
    Could oil prices be in for yet another decline? Oil prices have rebounded with surprising speed in recent weeks, with WTI prices bouncing by more than a third from March lows. There are good reasons for this. Rig counts are down by nearly 1,000 (or nearly 60 percent) since hitting a high in October 2014. Spending on some of the world’s largest projects has been cut by a combined $129 billion, a figure that could balloon to $200 billion by 2016. The spending and drilling contraction is finally leading to some small production declines.
  • The Slow Death of Common Core

    05/20/2015 7:24:47 AM PDT · by Sean_Anthony · 23 replies
    Canada Free Press ^ | 05/20/15 | Al Caruba
    Common Core teaches collectivism—socialism—and degrades various elements of education from math to English to science Think about the major policy undertakings of the Obama administration over the past six and a half years. It began with a “stimulus” that wasted trillions in the quest of generating jobs, but did little to nothing in achieving that goal. That was followed by ObamaCare which most agree has been a disaster for the nation’s healthcare sector and, finally, Common Core, a one-size-fits-all testing program intended, we were told, to improve learning standards in the nation’s schools. The only thing it has achieved is...
  • Takata US exploding airbag recall doubled to record 34 mn vehicles

    05/19/2015 10:26:18 PM PDT · by Berlin_Freeper · 6 replies
    myhome.toshiba.com ^ | May 20, 2015 | AFP
    Japanese auto parts giant Takata agreed to double a recall of US cars with potentially deadly airbags to a record of nearly 34 million vehicles, officials said, sending the firm's shares plunging in Tokyo on Wednesday.
  • What Will Happen to Truck Stop Towns When Driverless Truck Technology Expands?

    05/19/2015 7:56:40 PM PDT · by 2ndDivisionVet · 64 replies
    Route Fifty ^ | May 18, 2015 | Michael Grass
    In just a few years, communities that depend on the trucking industry for their vitality will be facing major economic disruption.Roscoe, Nebraska, is a good place to contemplate how the evolution of long-haul travel can change a community. This unincorporated settlement—some classify Roscoe as a “semi-ghost town”—sits about seven miles east of the city of Ogallala along U.S. 30, which follows the old Lincoln Highway route and before that, various overland migration trails to California, Oregon and Utah. Just off U.S. 30, opposite the Union Pacific freight-rail tracks, there’s an abandoned gas station with its former pump, pictured above, standing...
  • Victims? Aren't We All!

    05/19/2015 9:57:25 AM PDT · by xuberalles · 15 replies
    Self | 5/19/15 | Me
    Will someone please inform our so-called President it's not 1860 and that neither him or Michelle Obama have ever been slaves. Even at the height of slavery during the Antebellum period, less than 2% of the population were slave owners; which by the way, included black Americans amongst their infamous ranks. This of course is omitting the trivial facts African tribes sold their brethren into bondage for everyday trinkets and that nearly 400,000 white men died to procure their freedom. I'm also guessing our myopic pastor of prejudice forgot that the KKK was specifically forged as the terrorist arm of...
  • Tina Siegert the Google Goliath’s David

    05/19/2015 8:55:28 AM PDT · by Sean_Anthony · 11 replies
    Canada Free Press ^ | 05/19/15 | Judi Mcleod
    Google, the world’s largest search engine, is gargantuan in size and clout, but still small enough to fit in Barack Obama’s back pocket Conservative websites like Canada Free Press (CFP) owe a debt of gratitude to plucky ‘Citizen Journalist’, news researcher cum laude, Tina Siegert of News the Media Won’t Show You. Though some might not yet realize its full impact, all conservative websites are under Google suppression now that Google has claimed rights as the Grand Central of Internet Truth. Google will no longer drive traffic to Conservative websites. Internet traffic is what gets all websites Internet advertising. Without...
  • Oil Prices Will Fall: A Lesson In Gravity

    05/18/2015 3:30:48 PM PDT · by bananaman22 · 15 replies
    Oilprice.com ^ | 18-05-2015 | Arthur
    The oil price collapse is not over yet. It is more likely that the Brent price could fall back into the mid-$50 range than that it will continue to rise toward $70 per barrel. That is because oil prices have risen based on sentiment alone. The fundamentals of supply and demand indicate a dismal reality: oil prices will fall and may fall hard in the near term. Our present situation is like that of the cartoon character Wile E. Coyote. He routinely ran off of a cliff and as long as he didn’t look down, everything was fine. But as...
  • School voucher proponents pull out boxing gloves, welcome Scott Walker

    05/18/2015 2:48:43 PM PDT · by Cincinatus' Wife · 9 replies
    Washington Post ^ | May 18, 2015 | Jenna Johnson
    NEW ORLEANS — The American Federation for Children, which wants a dramatic expansion of charter schools and voucher programs, picked a boxing theme for its annual policy summit this week. Red boxing gloves became table centerpieces at the opening lunch Monday. Panel titles included "Knocking out yesterday's education models" and "Training parents to win the fight." And the first keynote speaker was Wisconsin Gov. Scott Walker, a likely Republican presidential contender who is best known for aggressively fighting and weakening his state's education labor unions..... ....Wisconsin is home to the nation's first modern voucher system. The state adopted legislation in...
  • The Street: The Real Reason We Say 'Sell in May and Go Away'

    05/18/2015 1:48:13 PM PDT · by concernedcitizen76 · 1 replies
    TheStreet.com ^ | May 7, 2015 | Ken Roberts
    NEW YORK (TheStreet) -- While it's hard to predict the markets, when it comes to the month of May, one thing is for certain: You'll hear someone say, at least once, "sell in May and go away." The cliché, which suggests that smart investors should sell off their portfolios in May and only re-enter the market in the fall, has long been part of Wall Street culture, but where does it come from? The saying dates back to old England, when the stock brokers would go on summer vacation in May and not return until September. The original saying was,...
  • Big Oil May Be Caught Off-Guard By Wave Of Retirement

    05/18/2015 11:12:48 AM PDT · by bananaman22 · 18 replies
    Oilprice.com ^ | 18-05-2015 | Oil Jobs
    While we constantly analyze short-term data, the industry has a longer-term problem. And it is not related to what lies below the ground. There is a retirement tidal wave that could wash over the oil and gas industry over the next few years. The seeds of this crisis were planted in the late 1980’s after the last major oil bust. Oil prices crashed after Saudi Arabia became fed up with losing market share, and beginning around 1986, it pumped flat out in order to force out other producers. The price of oil crashed and a lot of US drillers cut...
  • Ted Cruz Talks to Business Leaders on June 1 (Concord, New Hampshire)

    05/18/2015 10:28:17 AM PDT · by 2ndDivisionVet · 13 replies
    Patch ^ | May 18, 2015 | Tony Schinella
    The New Hampshire House Business Caucus, in partnership with the Greater Concord Chamber of Commerce, will host its fourth in a series of business roundtables with presidential candidates, on Monday, June 1, at 9 a.m. at The Draft restaurant, 67 South Main St. in Concord, according to a press statement. The featured speaker, and declared presidential candidate, will be Sen. Ted Cruz of Texas. “The momentum continues to build as we have more and more candidates take part in this series. We have had a terrific response and level of interest from the business community, the candidates, and state elected...
  • The EPA Myth of “Clean Power”

    05/18/2015 8:36:56 AM PDT · by Sean_Anthony · 8 replies
    Canada Free Press ^ | 05/18/15 | Al Caruba
    What the EPA is attempting to impose on America is a drain on our production of electricity coupled with an increase in its price. It is an obscene attack on our economy There are many things I do not like about the Environmental Protection Agency, but what angers me most are the lies that stream forth from it to justify programs that have no basis in fact or science, and which threaten the economy. Currently, its “Clean Power” plan is generating its latest and most duplicitous Administer, Gina McCarthy, to go around saying that it will not be costly, nor...
  • (Preacher) Man threatens to shoot abortion protesters – becomes physical as wife exits clinic

    05/17/2015 6:39:06 PM PDT · by Morgana · 20 replies
    saynsumthn's blog ^ | May 6, 2015 | saynsumthn
    A man who drove his wife to A Woman’s Choice abortion clinic in Raleigh, North Carolina has attacked a group, which refers to themselves as abolitionists against abortion, after he perceived they were accusing his wife of having an abortion. Abolitionists claim they hold to the tenants outlined by Abolish Human Abortion (AHA), and do not want to be linked in any way to the pro-life movement because they favor incremental strategies to end abortion. In the first video of the man, who drove his wife to the abortion clinic, he initially speaks with the abolitionists calmly, explaining that he...
  • The LGBT movement’s next frontier: Transgender rights

    05/17/2015 6:06:34 PM PDT · by 2ndDivisionVet · 26 replies
    The La Crosse Tribune ^ | May 17, 2015 | Sarah Parvini and Tre’vell Anderson, Los Angeles Times
    Transgender issues are the next frontier of the lesbian, gay, bisexual and transgender rights movement. A string of high-profile cases, such as a Kansas judge’s decision to allow Army Pfc. Bradley Manning to change her name to Chelsea and Olympian Bruce Jenner’s televised coming out as a transgender woman, coupled with a series of gay rights victories, have opened discussions of transgender rights. Here are seven things to know about the trans community. The basics Gender identity and sexual orientation are not the same; a transgender person, of which there are an estimated 700,000 nationwide, can be straight, gay, lesbian...
  • My 2015 Commencement Address

    05/17/2015 9:42:53 AM PDT · by Sean_Anthony · 1 replies
    Canada Free Press ^ | 05/17/15 | Al Caruba
    The best I can do is to wish you good luck. You’re going to need it. All manner of people are giving commencement speeches to students graduating from colleges and universities these days. It is doubtful that any will be remembered because the prospects of students depend in large part on the economy into which they are entering, the majors they pursued, their individual ambitions, and capacity for hard work. Then, too, there’s dumb luck which often plays a role. For those graduating this year, my profound sympathy because the economy could not be much worse short of being declared...
  • Why Are Exchange-Traded Funds Preparing For A ‘Liquidity Crisis’ And A ‘Market Meltdown’?

    05/16/2015 5:46:41 PM PDT · by SeekAndFind · 37 replies
    TEC ^ | 05/14/2015 | Michael Snyder
    Some really weird things are happening in the financial world right now. If you go back to 2008, there was lots of turmoil bubbling just underneath the surface during the months leading up to the great stock market crash in the second half of that year. When Lehman Brothers finally did collapse, it was a total shock to most of the planet, but we later learned that their problems had been growing for a long time. I believe that we are in a similar period right now, and the second half of this year promises to be quite chaotic. Apparently,...
  • Affordable $20 million fighter planes

    05/16/2015 5:02:15 PM PDT · by 2ndDivisionVet · 28 replies
    Next Big Future ^ | May 10, 2015 | Brian Wang
    The Textron Scorpion costs $20 million, still not exactly a bargain by most people's standards, but a fifth of the cost of the F-35. It suggests that not every advanced defence project has to necessarily come in years late and billions over budget – and points to a new twist in not only the future of fighter-jet design, but also in more humanitarian roles that a budget jet could carry out. Textron aren’t the only ones creating the tech to address this issue. The single jet fighter JF-17 is a Chinese design, currently being built in collaboration with its sole...
  • Amtrak Employee Injured in Derailment Files Lawsuit

    05/16/2015 1:44:21 AM PDT · by 2ndDivisionVet · 21 replies
    KVOA-TV / NBC News ^ | May 15, 2015
    (VIDEO-AT-LINK)An Amtrak employee has filed the first lawsuit in connection to Tuesday's deadly train derailment that killed eight people and injured over 200 others in Philadelphia. The Bala Cynwyd law firm Coffey Kaye Myers & Olley, which is representing Amtrak employee Bruce Phillips and his wife Kalita Phillips of Philadelphia, confirmed with NBC10 that their clients are filing a lawsuit against Amtrak. Phillips is still hospitalized at Temple University Hospital. Phillips, an Amtrak employee, was "deadheading" in one of the rear railcars of Amtrak Regional Train 188 Tuesday night when the derailment occurred, according to the lawsuit. Deadheading is a...
  • Repopulating Detroit—With Syrians!

    05/15/2015 7:39:15 PM PDT · by Steelfish · 35 replies
    National Review ^ | May 15, 2015 | MARK KRIKORIAN
    Repopulating Detroit—With Syrians! MARK KRIKORIAN May 15, 2015 Jeb Bush called for admitting more immigrants to “repopulate” Detroit: It just seems to me that maybe if you open up our doors in a fair way and unleashed the spirit of peoples’ hard work, Detroit could become in really short order, one of the great American cities again. Now it would look different, it wouldn’t be Polish…But it would be just as powerful, just as exciting, just as dynamic. And that’s what immigration does and to be fearful of this, it just seems bizarre to me. This wasn’t a one-time thing....
  • Feds Warn Lenders Not to Deny Loans to Welfare Recipients [semi-satire]

    05/15/2015 6:45:33 PM PDT · by John Semmens · 10 replies
    Semi-News/Semi-Satire ^ | 15 May 2015 | John Semmens
    The Consumer Financial Protection Bureau (CFPB) warned financial institutions that they could be prosecuted if they deny home loans to persons subsisting on welfare benefits. CFPB Director Richard Cordray asserted that "placing ability to repay ahead of need is contrary to federal regulations. Just because a person cannot support himself or herself doesn't mean he or she should be excluded from the benefits of home ownership. Every person has an inalienable right to own a home. Lenders have a moral obligation to help people achieve this right." "For banks to argue that the risks of default and foreclosure should preclude...
  • Stop the NGO Anti-Energy Menace

    05/15/2015 3:11:59 PM PDT · by Sean_Anthony · 2 replies
    Canada Free Press ^ | 05/15/15 | Dr. Klaus Kaiser
    Irresponsible NGOs like Greenpeace are running roughshod over societies. It's high time to stop that menace! The “new energy” comes out of the proclamations by non-government, non-accountable, and totally irresponsible organisations like Greenpeace, Sierra Club, D. Suzuki Foundation, 350-org, Avaaz, and their THOUSANDS of offshoots, affiliates, sympathizers, hangers-on, and totally blind, deaf, and entirely misled cohorts. Just look at Greenpeace’s latest demonstration at the hotel of the G7-Energy-Ministers in Germany, on May 12, 2015, at Hamburg, Germany, a prelude to this year’s COP-21 conference at Paris. Let me translate their message on the yellow signs (from their website): “STOP COAL...
  • Dart Rejection of Application to Workshop on Guns and Gun Violence

    05/15/2015 2:31:53 PM PDT · by marktwain · 10 replies
    Gun Watch ^ | 14 May, 2015 | Dean Weingarten
    A couple of weeks ago, I received the expected rejection from the Dart Center for Journalism and Trauma on my application to attend their "workshop for journalists on covering guns and gun violence".   I expected it because it is clear that the "workshop" has become a mere exercise in producing disarmist propaganda, rather than an objective effort designed to help journalists get their facts right on events involving guns.  To giver credit where due,  Bruce Shapiro, Director at Dart, is unfailingly polite in the rejection email. For a short period, it seemed that there might be hope of balance,...
  • NYC will get 500 solar-powered food carts this summer (100 earmarked for disabled veterans)

    05/15/2015 1:37:17 PM PDT · by 2ndDivisionVet · 30 replies
    Treehugger ^ | May 12, 2015 | Derek Markham
    In a pilot program designed to reduce GHG emissions and safety risks and provide better clean food preparation in mobile food vending, the Big Apple will be home to the next generation of eco-friendly food carts.Food carts, while being convenient for consumers and a good small business venture for foodies and entrepreneurs, are also a source of greenhouse gas (GHG) emissions and air pollution, as well as being potential public safety hazards from their onboard propane tanks. And in a metropolis like New York City, with some 8000 mobile food carts on the streets, the environmental and health effects of...
  • AZ: Guns can be Confiscated Without Due Process

    05/14/2015 3:17:13 PM PDT · by marktwain · 13 replies
    Gun Watch ^ | 13 May, 2015 | Dean Weingarten
    Attorney Marc Victor in a tie;  Rick Bailey in the gray shirt The good news is that Rick Bailey has had his expensive gun collection returned.  The bad news is that he had to fight for it in court in the first place, in spite of never being convicted of any offense.   From the canadafreepress.com: BELLEVUE, WA – A retired Navy veteran in Arizona whose gun collection had been seized by Glendale police now has his firearms back, the Second Amendment Foundation revealed today. SAF had intervened in the case of Glendale resident Rick Bailey early last month, taking...