Business/Economy (Bloggers & Personal)

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  • This Is What a Currency Collapse Looks Like

    12/17/2014 11:11:24 AM PST · by Kartographer · 47 replies
    SHTF Plan ^ | 12/17/14 | Mac Slavo
    Full Title:This Is What a Currency Collapse Looks Like: Shopping Frenzy: “We Have A Lot Of Rubles Losing Value Every Second” “I don’t need this car,” he said with a shrug. He already owns two Porsches and a Land Rover. But, he figured the prices will soon go up and the ruble will probably go down. “We are headed for a crisis,” he said. … Electronics stores were packed late into the evening as shoppers scooped up iPhones and iPads at prices over $100 lower than what they cost in the United States. Apple’s Russian website halted online sales “due...
  • 15 Reasons I Love Web Links at The Bottom of The Page

    12/17/2014 10:42:31 AM PST · by lifeofgrace · 7 replies
    Charting Course ^ | 12/17/14 | Steve Berman
    You know those ubiquitous web links at the bottom of the page on sites like Fox News or CNN?  They’re usually titled “from around the web” or “more promoted stories”.  They have catchy titles like “The 10 Best Resorts in South America” or “14 Things Surprising Things Your Cat is Telling You”.  Everybody says they hate them, but we do click on them. I admit, I’ve clicked on them. You end up on a site filled with weirdly useless but addictive content, or you are directed there by a company called Outbrain.  I always thought this kind of thing was...
  • Congressman Demands Investigation of FDIC “Choke Point” Policy [satire]

    12/17/2014 9:38:51 AM PST · by John Semmens · 2 replies
    Semi-News/Semi-Satire ^ | 13 Dec 2014 | John Semmens
    Rep. Blaine Luetkemeyer (R-Mo) is demanding an investigation of the Federal Deposit Insurance Corporation’s “Operation Choke Point” practices. Under these practices, the FDIC pressured banks to freeze or close accounts of businesses that the US Department of Justice designated as “anti-social enterprises.” Among the businesses targeted by DOJ are firearms sellers, coin dealers, and pharmaceutical sales. Martin Gruenberg, chairman of the FDIC, admitted that “while these businesses are not illegal, per se, the president has made it very clear that they are outside the boundary of the type of businesses he thinks we ought to have in our society. There...
  • No One Seems To Care That The Economy Is A Mess

    12/17/2014 5:38:51 AM PST · by LeoMcNeil · 25 replies
    Leo McNeil ^ | December 17, 2014 | Leo McNeil
    If you listen to the Obama administration you might believe the economy is roaring. On some level jobs are being created. The problem of course is that they’re barely keeping up with population growth. Millions of jobs were lost when the recession took place in late 2008-2009. Very few of those jobs have been recovered, leaving millions in long term unemployment. The real unemployment rate, the Federal government’s U-6 number, is 11%. U-6 unemployment counts both the long term unemployed, which the official unemployment rate doesn’t do, as well as those who are underemployed. U-6 used to be the way...
  • OH:Concealed Carry Fail; Rapist Disarms Realtor

    12/17/2014 1:16:05 AM PST · by marktwain · 12 replies
    Gun Watch ^ | 16 December, 2014 | Dean Weingarten
    No discussion of the advantages and disadvantages of open and concealed carry used to be complete without the obligatory theory that open carry was more dangerous.  It was asserted that a criminal will target the open carrier because they are armed.   Here is an example from freerepublic: Why would anyone want the bad guy to shoot him first? Fortunately, the gun culture is becoming educated in the matter.   People now realize that open carry promotes tactical deterrence.  There have been two known instances where open carriers have been targeted, but they are very rare.  The other side of...
  • Western Banks Cut Off Liquidity To Russian Entities

    12/16/2014 5:42:31 PM PST · by Kartographer · 60 replies
    ZeroHedge ^ | 12/16/14 | Tyler Durden
    As Zero Hedge first reported today, shortly before noon one (and subsequently more) FX brokers advised clients that any existing Ruble positions would be forcibly closed out because "western banks have stopped pricing USDRUB", over concerns of Russian capital controls. Ironically, it was this forced liquidation of mostly short RUB positions that pushed the RUB higher, which in turn had a briefly favorably impact on energy commodities and risk assets, as the market had by then perceived the Ruble selloff as excessive. Of course, since nothing had actually changed aside from a temporary market technical, the selloff promptly resumed into...
  • We Just Witnessed The Worst Week For Global Financial Markets In 3 Years

    12/16/2014 5:08:59 PM PST · by SeekAndFind · 17 replies
    Is this the start of the next major financial crisis? The nightmarish collapse of the price of oil is creating panic in financial markets all over the planet. On June 16th, U.S. oil was trading at a price of $107.52. Since then, it has fallen by almost 50 dollars in less than 6 months. This has only happened one other time in our history. In the summer of 2008, the price of oil utterly collapsed and we all remember what happened after that. Well, the same patterns that we witnessed back in 2008 are happening again. As the price of...
  • OH: Unlucky? Clerk Shoots 2nd Robber in Three Years

    12/16/2014 12:26:48 PM PST · by marktwain · 10 replies
    Gun Watch ^ | 15 December, 2014 | Dean Weingarten
    Grayson Matthews, above, has bad luck.  He has had to defend the family convenience store twice.  Once, back in 2011, he shot a robber who was pretending to have a shotgun.  That guy was wearing a plastic bag over his head with eye holes cut in it.  It must have been hard to see out of.   From journal-news.com: Matthews told the suspect he kept more money in his front right pocket of his pants. He showed Wright the money, switched it from his right to his left hand, and when Wright’s eyes followed, Matthews told him he kept...
  • No Polite Way to Say it, We Were Lied to on Ebola

    12/15/2014 4:50:32 PM PST · by Sean_Anthony · 29 replies
    Canada Free Press ^ | 12/15/14 | Michael Fumento
    They've gotten away with it time and again. With AIDS, SARS, avian flu, swine flu and two past Ebola hysterias The current Ebola outbreak is “the most severe, acute health emergency seen in modern times,” Ian Smith, the World Health Organization’s executive director, announced at a mid-October press conference. Huh? Worse than the “Spanish flu” of 1918-19? Extrapolated to today’s world population, that would mean 60 million to 150 million deaths. Worse than AIDS, with its 35 million deaths? But the media weren’t asking skeptical questions. The next day, reporting on a separate WHO conference, a New York Times headline...
  • Did GM Bailout Cost Lives?

    12/15/2014 1:08:59 PM PST · by jazusamo · 5 replies
    NLPC ^ | December 15, 2014 | Mark Modica
    The death toll for General Motors' faulty ignition switch victims continues to rise with the last reported number being 42. There has been speculation that the death count is significantly higher, as safety advocate Clarence Ditlow has written to GM to request an expansion of efforts to uncover victims of accidents resulting from defective GM vehicles. GM has known about the ignition switch defect for years and failed to recall the deadly vehicles for almost five years after the Obama Administration took over the company in June of 2009. President Obama's Auto Task Force guided the company through a...
  • Germany to be gas powered for next 70 years

    12/14/2014 7:32:33 PM PST · by Lorianne · 12 replies
    RT ^ | 12 December 2014
    Germany’s plan to phase out nuclear energy and switch to renewables by 2022 is unrealistic as the country is doomed to remain dependent on fossil fuels like oil and gas for the next 70 years, energy expert Matthias Dornfeldt told RT. Renewables can’t replace fossil fuels overnight because there’s not enough infrastructure, said Dornfeldt in an interview with RT. He believes the 21st century will be the century of gas, as the 20th century was the century of oil. “We are going to be dependent on oil as well as on gas, as I see, for the next 50, 60,...
  • We’re Number Two

    12/14/2014 10:51:14 AM PST · by Sean_Anthony · 6 replies
    Canada Free Press ^ | 12/14/14 | Alan Caruba
    The fact remains that Main Street is in trouble. The nation requires an economy in which new businesses are created and existing ones can afford to expand. That is not happening The U.S. was the world’s number one economy prior to World War II, but it took off bigtime after the war and there has not been a day of my long life in which we were not number one—until now. The International Monetary Fund recently released its calculations regarding the world’s economy and concluded that China is the number one economy, producing $17.6 trillion in terms of goods and...
  • The Destruction of America’s Pension Plans

    12/14/2014 9:00:16 AM PST · by Oldpuppymax · 18 replies
    Coach is Right ^ | 12/14/14 | Suzanne Eovaldi
    The just passed $1.1 trillion Cromnibus (Continuing Resolution and Omnibus) check float that successfully got through the Republican controlled US House contains language that could gut pension plans, according to analyses by both conservative and leftist web writers. “The pension provision was made public late Tuesday night,” says a web source that blasts efforts to write down public pension allotments. (1) Mike Adams of Health Ranger warns that “all the pension benefits that have been promised government retirees are about to be stolen back from retirees.” (2) Quoting a WaPo article, Adams also points out that “the proposal would torpedo...
  • Affordable Care Excise Tax, Part I

    12/13/2014 6:19:48 PM PST · by NaturalBornConservative · 6 replies
    Natural Born Conservative ^ | December 13, 2014 | Larry Walker II
    What the Individual Mandate means for you and your family:: By: Larry Walker II ::Under the Affordable Care Act, beginning in 2014, State governments, insurers, employers, and selected individuals are supposed to share in the responsibility of providing health insurance coverage. The Act’s shared responsibility provision, also known as the individual mandate, requires you and each member of your family to either: Have minimum essential coverage; or An exemption from the responsibility to have minimum essential coverage; or Pay an Excise Tax. You will report minimum essential coverage, claim an exemption therefrom, or make an excise tax payment when...
  • Why Middle-Class Wealth Is Withering [Alinsky At Work: Destroy The Middle-Class and Destroy America]

    12/13/2014 10:16:14 AM PST · by Steelfish · 20 replies
    CBSNews ^ | December 13, 2013 | AIMEE PICCHI
    By AIMEE PICCHI December 12, 2014 Why Middle-Class Wealth Is Withering If the middle class is truly the backbone of America, the country's spine may be close to breaking. Middle America came out of the Great Recession in a precarious position, sinking into "dissavings" -- when spending is greater than income -- thanks to a nasty combination of stagnant wages and a hit to real estate and investment values, according to a new working paper from New York University economics professor Edward N. Wolff. That's led to a grim outcome, with virtually no change in the country's median wealth between...
  • Cromnibus Puts Taxpayers on Hook for Bank Losses [satire]

    12/13/2014 9:37:16 AM PST · by John Semmens · 4 replies
    Semi-News/Semi-Satire ^ | 13 Dec 2014 | John Semmens
    The House-passed $1.1 trillion Continuing Resolution contains a clause that exposes taxpayers to a potential $300 trillion liability for bank losses in derivatives trading. The rider to the CR was the “brain child” of Citigroup. The rider is opposed by both tea party Republicans and left wing Democrats, but is strongly supported by House GOP leadership and President Obama. House Minority Leader Nancy Pelosi (D-Calif), charged that “this maneuver puts the lie to the contention that the GOP is the Party of small government. This is a big government pay off to Wall Street financiers. I’m enormously disappointed that the...
  • exVive3D 3D Printed Human Liver Tissue Now Commercially Available by Organovo

    12/13/2014 8:13:28 AM PST · by 2ndDivisionVet · 14 replies
    3D Print ^ | November 18, 2014 | Brian Krassenstein
    New technologies such as 3D bioprinting promise to offer a laundry list of new treatments, drug discovery, and cures within the medical industry. With that said, we have been hearing promises for years that 3D printing will change the face of medicine. Despite these promises, bioprinting has yet to make any major impact within the market. Today things may have just changed! San Diego-based 3D bioprinting company Organovo (NYSE MKT: ONVO) has today announced the full commercial availability of their exVive3D Human Liver Tissue for preclinical drug discovery testing. The tissue, which is created via an in-house 3D printer, could...
  • Paying down the debt is now almost mathematically impossible

    12/12/2014 12:18:03 PM PST · by Rusty0604 · 42 replies
    The Sovereign Man ^ | December 11, 2014 | Simon Black
    Exactly 199 years ago, in 1815, a “temporary” committee was established in the US Senate called the Committee on Finance and Uniform National Currency. It was set up to address economic issues and the debt accrued by the US government after the War of 1812. Of course, because there’s nothing more permanent than a temporary government measure, the committee became a permanent one after just one year. It soon expanded its role from raising tariffs to having influence over taxation, banking, currency, and appropriations. In subsequent wars, notably the American Civil War, the Committee was quick to use its powers...
  • Obama's Science and Tech Adviser, Holdren, laid foundation for understanding environmental probs

    12/12/2014 11:48:13 AM PST · by Cincinatus' Wife · 2 replies
    Volvo Environment Prize ^ | December 12, 2014
    "In 1993, the [Volvo Environment] Prize went to Professor Paul R. Ehrlich of Stanford University and Professor John P. Holdren of the University of California in Berkeley, whose work laid the foundations of our understanding of how the dynamics of population growth, rising living standards and changing technology, as well as the relationships between them, interact in the context of environmental problems." List of past winners (and their work) from 1990 - 2014 Professor Paul R. Ehrlich, Professor John P. Holdren
  • Why Social Security Hurts Society and Isn’t Secure

    12/11/2014 7:51:01 PM PST · by Sean_Anthony · 15 replies
    Canada Free Press ^ | 12/11/14 | Dr. Robert Owens
    This so-called insurance meant from the beginning not merely compulsory insurance it also meant compulsory membership in a unitary system controlled and enforced by the state. The concept of a social safety net is well accepted throughout the Western World. The idea that some provision should be made for those who through no fault of their own are unable to provide for themselves first appeared as a state policy in Germany in the 19th century as the Iron Chancellor, Bismarck, sought to co-opt the popular appeal of socialism and strengthen the newly founded German Imperial state. The idea struck a...
  • How Catholic Monks Made the West Rich

    12/11/2014 4:20:39 PM PST · by Enza Ferreri · 20 replies
    Enza Ferreri Blog ^ | Enza Ferreri
    Why is the West richer than other parts of the world? What creates wealth? The scientific journal Science Nordic reports that a new PhD thesis tries to find an answer to these questions, very topical in times of bailouts and double-dip recessions and very challenging for economists, in Medieval history. And it discovers that it was the Roman Catholic order of Cistercian Monks that left a long-lasting legacy of cultivation of the virtues which made the West prosperous. ...One of the clues the thesis follows begins in France in 1098, when a breakaway group of monks formed a new...
  • Graphene-based Fuel Cell Membrane Could Extract Hydrogen Directly from Air

    12/11/2014 3:24:14 PM PST · by 2ndDivisionVet · 43 replies
    IEEE Spectrum ^ | December 2, 2014 | Dexter Johnson
    In research out of the University of Manchester in the UK led by Nobel Laureate Andre Geim, it has been shown that the one-atom-thick materials graphene and hexagonal boron nitride (hBN), once thought to be impermeable, allow protons to pass through them. The result, the Manchester researchers believe, will be more efficient fuel cells and the simplification of the heretofore difficult process of separating hydrogen gas for use as fuel in fuel cells. This latest development alters the understanding of one of the key properties of graphene: that it is impermeable to all gases and liquids. Even an atom as...
  • NV: Secretary of State Certifies Initiative to Ban Private Gun Sales in Nevada

    12/11/2014 12:26:22 PM PST · by marktwain · 17 replies
    Gun Watch ^ | 10 December, 2014 | Dean Weingarten
    Nevada Secretary of State Democrat Ross Miller, has certified a Nevada gun control initiative put forward by organizations funded by Michael Bloomberg.  The timely turn in of signatures and some signatures themselves have been challenged by a group of Nevada second amendment supporters.   Democrat Ross Miller lost the 2014 election for Attorney General.  Because of term limits, he was ineligible for a third term as Secretary of State, and is in lame duck status.  He also certified the Marijuana initiative.  From the AP article: Nevada's top election official is giving the go-ahead to two initiatives for the 2016 ballot:...
  • NV:Another Warning Shot with Positive Results

    12/11/2014 6:29:08 AM PST · by marktwain · 35 replies
    Gun Watch ^ | 10 December, 2014 | Dean Weingarten
    I may have to start a new category: Warning shots that work.  I have routinely advised students against "warning shots" with the usual caveats; the bullet has to go somewhere, innocents may be hit, and  a round  is wasted that you might need.   Many, especially on the Internet have claimed that a warning shot may be considered as evidence that you were not serious.  I think that is unlikely.  There is at least one prosecutor who thinks that it shows restraint. Gunfire has been used as a means of signaling and communications as long as there have been...
  • America Needs a Cheerleader

    12/11/2014 5:40:54 AM PST · by Cincinatus' Wife · 33 replies
    December 11, 2014
    America needs a cheerleader who loves Americans, someone who believes in American potential and fights for it - not the hater-in-chief we have now, or a Hillary presidency with lectures (given with much relish) on how corporations and businesses don't create jobs and that we must respect and empathize with our enemies. We need a cheerLEADER like Gov. Rick Perry, a man who wants to unleash the American economy - open up jobs and prosperity for all. The Economic Legacy of Governor Rick Perry
  • AR: Armed Woman in Gunshop Saved by Book; Robber Shot (Video)

    12/10/2014 5:38:36 PM PST · by marktwain · 49 replies
    Gun Watch ^ | 10 November, 2014 | Dean Weingarten
    Link to video here In this dramatic video of an attempted armed robbery of a gunshop in Springdale, Arkansas, on December 6, 2014, one robber is wounded, and the gunshop owner is hit by a spent bullet that does not break the skin. The two suspects, Marcus Gould, and Leon Roberson, are from California and are in custody.  Gould has a long criminal record, and was wounded in the arm by a shot fired by Shirley Cornett, who owns the store with her husband.   A bullet fired back was slowed by coin books on the counter before it hit Shirley. ...
  • Proggies make it easy: Their list of 10 companies to boycott, tells US where to BUYCOTT. . . .

    12/10/2014 2:52:32 PM PST · by Salgak · 24 replies
    "Liberals Unite" ^ | 12/9/2014 | "Mindy Fisher"
    Nothing TOO surprising here, but a list of stores and such the LibProgs hate. You know what to do. . . Because, OMG, these companies support (shudder) Conservative Values. Oh, the huge manatee!!! Admittedly, Mariott Hotels, Angel Soft, Brawny, and Dixie, and Urban Outfitters were a surprise. . .
  • VA: Alexandria Police Misinform Businesses about Open Carry

    12/10/2014 9:12:44 AM PST · by marktwain · 10 replies
    Gun Watch ^ | 9 December, 2014 | Dean Weingarten
    The above flyer was being handed out to local businesses in Alexandria Virginia  recently.   A VCDL member observed it and was able to take a picture of the flyer, with the cooperation of the local business owner.  From an VCDL email: The flyer particularly endangers 18 to 20 year olds as it incorrectly tells a store owner that if they see someone under 21-years-old with a handgun on their hip, that is illegal! That is NOT true and having the police show up on a bogus “man with a gun” call endangers everyone unnecessarily. The flyer also makes these...
  • AZ: Open Carry at Yuma Yummy Yummy Chinese Restaurant

    12/10/2014 4:48:01 AM PST · by marktwain · 6 replies
    Gun Watch ^ | 9 December, 2014 | Dean Weingarten
    My favorite restaurant in Yuma is the Yummy Yummy at 2241 Avenue A.  It is in the corner of the strip mall and easy to miss.  It isn't a fancy place, rather utilitarian, with ridiculously low prices and excellent food.  The service is good, but as the place is litterally a mom and pop (the mother speaks English, Spanish, and Chinese fluently), do not expect to have her hovering over your table.   For the cost of a drink at most bars, you can get a complete meal, if you drink water.   They have $5 specials that are always available,...
  • SomebodyIs Manipulatingthe Numbers:In The Realm Of Economics A Change Of This Magnitude Is A Collaps

    12/09/2014 8:05:22 PM PST · by Kartographer · 37 replies
    SHTF Plan ^ | 12/9/14 | Mac Slavo
    We’re not seeing many corporations hire here. They are laying off at this point. This is why we are seeing the retail sales completely falling. We have an unemployment rate of 5.8%, but prior years the unemployment rate was higher but we had better sales. Somebody is manipulating the numbers… and we know who that ‘somebody’ is… it’s the U.S. government and central bankers. In the real world, where people regularly eat food, we see inflation… and if we really calculate it out we see inflation is around 10%…when we subtract a realistic estimate of inflation, once we get even...
  • The Forecaster: Can This Computer Predict The Future?

    12/09/2014 6:40:15 PM PST · by Kartographer · 62 replies
    SHTF Plan ^ | 12/9/14 | Mac Slavo
    For nearly ten years economic forecaster Martin Armstrong sat in a federal prison. He had not be charged with any crime. He was never given a trial. They simply arrested him, seized his life’s work, and threw away the key. Why? Because according to many in the global trading community he had devised a computer model that was capable of coalescing and analyzing thousands of years of economic, political and financial data. The system he had built was so “intelligent” that it allowed his firm Princeton Economics to literally predict the rise and fall of entire nations. Some call it...
  • The White Conversation on Race

    12/09/2014 3:07:53 PM PST · by 2ndDivisionVet · 48 replies
    Color Lines - News For Action ^ | December 9, 2014 | Carla Murphy
    With the national uproar surrounding the unpunished police killings of Michael Brown and Eric Garner, some white Americans say they are rethinking the lack of diversity in their lives—and the work they need to do to help create social change that lasts. Take Philadelphia artist Katherine Fritz. In her attempt to understand events in Ferguson, she stumbled upon a 2013 national survey finding that white American social circles tend to be 91 percent white. Intrigued, she tested this finding in her own life. A self-described liberal who uses the term “micro-aggressions,” she was surprised to find that her social circle...
  • Obama's One-Night-Stay At Brisbane G-20 Cost Taxpayers $1.7 Million

    12/09/2014 2:31:19 PM PST · by Rusty0604 · 17 replies
    Zerohedge ^ | 12/09/2014 | Tyler Durden
    Having secured for himself the most expensive suite of all the leaders at the G-20 meeting in Brisbane, Australia on November 15th, The Daily Mail reports that President Obama's 4,096-room entourage of security guards and assistants cost taxpayers a stunning $1.732 million for the one-night-stand against Putin. "Some folks are being ripped off..." As The Daily Mail reports, The president's own room was the most expensive of all the world leaders at the summit as he based himself at the $2,000 (AUS$2,500) a night Marriott Hotel. Meanwhile, Australian Prime Minister Tony Abbott opted for the thrifty $270-a-night Rydges hotel, while...
  • Wall Street Moves To Put Taxpayers On The Hook For Derivatives Trades

    12/09/2014 2:28:07 PM PST · by Kartographer · 20 replies
    Zerohedge ^ | 12/7/14 | Tyler Durden
    Wall Street has for some time attempted to put taxpayers on the hook for its derivatives trades. I highlighted this a year ago in the post: Citigroup Written Legislation Moves Through the House of Representatives. Here’s an excerpt: Five years after the Wall Street coup of 2008, it appears the U.S. House of Representatives is as bought and paid for as ever. We heard about the Citigroup crafted legislation currently being pushed through Congress back in May when Mother Jones reported on it. Fortunately, they included the following image in their article:
  • Obama: The First Six Years

    12/09/2014 9:10:00 AM PST · by Sean_Anthony · 15 replies
    Canada Free Press ^ | 12/09/14 | James Sharp
    In essence, Mister President, you blew it. Dear President Obama, I do not know if you are astute enough to recognize it. But, when you were elected president in 2008, you were given an extraordinary opportunity that very few individuals throughout the course of human history had been given. As America’s first African-American president, you had the chance to be recognized as an exemplary leader of true vision, a statesman par excellence. Indeed, your name might have come to be associated with great historical leaders such as Lincoln (to whom you like to compare yourself), King, Churchill, Washington and others....
  • A Real Agenda for the GOP Congress

    12/09/2014 9:07:56 AM PST · by Sean_Anthony · 6 replies
    Canada Free Press ^ | 12/09/14 | Alan Caruba
    Republicans should hope that it will begin to simplify the tax code, cut spending, reduce the huge national debt, aid the growth of the energy sector, and crack down on rogue agencies. That would be a good start Clearly President Obama did not get the message the voters sent in the November midterm elections, electing enough Republican Senators to shift power in the Senate and to increase it in the House. Many Presidents in their second term encounter this shift, particularly if they are seen by the voters to be incompetent in some respect. Writing in the December 9 edition...
  • The New GOP Congress Should Open-Up Yucca Mountain and Promote the Use of Nuclear Energy

    12/09/2014 7:17:50 AM PST · by Reaganite Republican · 36 replies
    Reaganite Republican ^ | 09 December 2014 | Reaganite Republican
    After four years of battle with opponents of safe, economical nuclear energy -basically same dummies closing down our coal industry (Obama, Reid, et. al.)- the large federal nuclear waste depository at Yucca Mountain, Nevada was recently deemed 'safe' by the Nuclear Regulatory Commission... so why not get going with that, then? Nuclear energy is simply wonderful in my view, and only real green kooks like the German left are walking away from it. Not even the tsunami disaster at Fukushima, Japan has scared them away from utilizing it... Tokyo knows the 1964, single-walled reactors were outdated and risky, and unlike anything you'd...
  • Analysis of Obama's Executive Amnesty Scheme: It Will Put an End to Secure Communities

    12/08/2014 7:41:52 PM PST · by 2ndDivisionVet · 4 replies
    Doug Ross @ Journal ^ | December 8, 2014 | Dan Cadman
    Department of Homeland Security (DHS) Secretary Jeh Johnson testified before the House of Representatives on December 2 that he thinks it's a "bad idea" for Congress to consider a short-term funding bill in lieu of full funding for his department, so that it can implement the stunningly broad sweep of "executive actions" on immigration announced by the president during a nationally televised speech on November 20. He may think so, but it's not at all clear why the House should adopt that view given the executive branch usurpation of authorities granted to the legislature under Article I of the Constitution,...
  • Outdoor Jackets and PFCs

    12/08/2014 5:21:39 PM PST · by Sean_Anthony · 9 replies
    Canada Free Press ^ | 12/08/14 | Dr. Klaus L.E. Kaiser
    As far as I can see, any exudations of PFCs come solely from the minds of GP activists and not from outdoor jackets The Greenpeace (GP) Detox Campaign to get rid of a variety of materials in textiles is in its third year. Let’s dig into just one aspect of it, namely per- and poly-fluorinated compounds (PFCs for short) that are used to make water repelling or waterproof high quality outdoor gear such as rain jackets and hiking boots. Let’s look at their claim and findings a bit closer. To begin with, what does “fluorinated” actually mean? What does “Fluorinated”...
  • It is Time to END Farm Subsidies

    12/04/2014 12:32:05 PM PST · by SleeperCatcher · 25 replies
    Absolute Rights ^ | December 3, 2014 | Jon E Dougherty
    How much does it cost to run a country? Each year federal, state and local governments confiscate more than $5.7 trillion from the economy, based on 2013 figures. Of that number, $1.1 trillion is eaten by local governments; state governments take in $1.6 trillion, and the federal government consumes more than $3 trillion. And still runs a deficit of hundreds of billions each year. Part of the problem is that We the People have developed quite a voracious appetite for OPM – other people’s money. Federal aid and entitlement programs consume the lion’s share of the budget; this is called...
  • Plummeting Oil Prices Could Destroy The Banks That Are Holding Trillions In Commodity Derivatives

    12/08/2014 10:10:30 AM PST · by SeekAndFind · 43 replies
    The Economic Collapse Blog ^ | 12/08/2014 | Michael Snyder
    Could rapidly falling oil prices trigger a nightmare scenario for the commodity derivatives market? The big Wall Street banks did not expect plunging home prices to cause a mortgage-backed securities implosion back in 2008, and their models did not anticipate a decline in the price of oil by more than 40 dollars in less than six months this time either. If the price of oil stays at this level or goes down even more, someone out there is going to have to absorb some absolutely massive losses. In some cases, the losses will be absorbed by oil producers, but many...
  • There Has Never Been A Greater Portion Of America Living On Food Stamps

    12/08/2014 9:25:39 AM PST · by SeekAndFind · 7 replies
    Zero Hedge ^ | 12/08/2014 | Tyler Durden
    Friday's jobs data proves it - America is back baby!!! Or is it all totally manipulated statistical shenanigans? A quick glimpse at the following charts two rather uncomfortably 'non-recovery-like' lines - of structural unemployment and the percent of the US population of Food Stamps - would suggest that for much of America, the recovery never happened... and in fact has got worse...  
  • Eric Garner protesters “shut down capitalism” because… capitalism!

    12/07/2014 9:50:53 PM PST · by 2ndDivisionVet · 36 replies
    Hot Air ^ | December 6, 2014 | Jazz Shaw
    When the protests over the grand jury decision in the case of Eric Garner broke out I was expecting them to take place around police stations. It was also expected that the marchers would take to streets and sidewalks in popular areas where the media could easily film them. But there are new targets in their sights, and as you might expect they shut down business at the Apple Store and Macy’s. I’m sorry… what was that again? Protesters staged a “die in” Friday night in an Apple store on Fifth Avenue and in Macy’s at Herald Square. Hundreds of...
  • The Industry and Economics of Climate Change/ Global Warming

    12/07/2014 2:34:54 PM PST · by Sean_Anthony · 5 replies
    Canada Free Press ^ | 12/07/14 | Dr. Ileana Johnson Paugh
    Ditching fossil fuels as proposed in Lima, Peru by the environmental architects of gloom and doom alarmism and replacing them with renewables The United Nations Framework Convention on Climate Change met in Lima, Peru, December 1-12, 2014, determined to chisel a new treaty that would mandate a cap and trade on greenhouse gas emissions effective by 2020 and would “eliminate the use of fossil fuels entirely by 2050.” The hypothesis that rich nations caused climate change by burning fossil fuels to produce energy has never been proven by IPCC’s computer modeling. The fact that now the hypothesis changed its name...
  • Will State And Local Governments Shutdown The New Generation Of Small Business Owners?

    12/07/2014 10:37:15 AM PST · by Sean_Anthony · 5 replies
    Canada Free Press ^ | 12/07/14 | Austin Hill
    AirBnB.Com, Uber.Com: If you own a house or car, should you be free to do what you want with it? If your plans for your personal property include making money, then you may find out the hard way that, no, you can’t do as you wish. That’s the harsh lesson being learned by many Americans as they participate in the new, burgeoning freelance services industries. Consider Raleigh, North Carolina resident Gregg Stebben. He and his wife Jodi are registered as service providers with AirBnB.Com, the new online venture that matches travelers in search of lodging with private homes, extra bedrooms...
  • Adam Smith's Elephants

    12/06/2014 8:50:25 PM PST · by Lincolns Economics · 17 replies
    Adam Smith's free market economics--built on subsistence wages--were dangerously defective, argues the cited link. American protectionists of the 1700 and 1800s understood the implications of failing to distinguish between free domestic markets and international free markets.
  • An “American spring” … really?

    12/06/2014 7:59:50 PM PST · by 2ndDivisionVet · 13 replies
    Hot Air ^ | December 6, 2014 | Jazz Shaw
    The death of Eric Garner has stirred the emotions of many, as have previous such instances of conflict with law enforcement. As a result of that, government officials are already talking about reviews of existing procedures and even looking at new laws to regulate certain tactics during arrests. In a way, no matter what you may think of either Garner’s behavior or of the officer’s methods during the encounter, it could be said that the freelance cigarette salesman may wind up being an agent of change in one form or another. Unfortunately, some writers tend toward hyperbole at times, and...
  • Visit Tampa Bay plans target LGBT tourists as gay marriage legalization nears

    12/06/2014 6:55:29 PM PST · by 2ndDivisionVet · 33 replies
    The Tampa Bay Times ^ | December 5, 2014 | Sean Daly
    To have and to hold and to hitch it up in the Sunshine State: That's the honeymoon-swoon allure of a new Visit Tampa Bay ad campaign created in anticipation of Florida soon eradicating a ban on same-sex marriage. Earlier this week, a federal appeals court ruled that a stay in the state's ban on same-sex nuptials will be lifted Jan. 5 because of the ban's unconstitutionality. If that holds up, Visit Tampa Bay, Hillsborough County's nonprofit tourism branch, would "almost immediately" court betrothed-minded LGBT folks with its glossy new "To Have and To Hold" blitz. There will be matrimonial-specific print...
  • From Killing the Rich to Taxing The Rich

    12/06/2014 5:28:53 PM PST · by Enza Ferreri · 1 replies
    Enza Ferreri Blog ^ | 7 December 2014 | Enza Ferreri
    [T]he suppression of the minority of exploiters, by the majority of the wage slaves of yesterday, is a matter comparatively so easy, simple, and natural that it will cost far less bloodshed… and will cost mankind far less. Lenin wrote this in The State and Revolution . In the end, 66 million people were killed in the USSR between 1917 and 1959: tortured, shot, starved, frozen or worked to death. This figure was calculated by Professor of Statistics I. A. Kurganov and quoted by Alexander Solzhenitsyn in The Gulag Archipelago . Others say that the figure is 45 million,...
  • Proof that The End of Moore’s Law is Not The End of The Singularity

    12/06/2014 1:48:55 PM PST · by 2ndDivisionVet · 14 replies
    Lifeboat News - Safeguarding Humanity The Blog ^ | December 5, 2014 | Eric Klien
    During the last few years, the semiconductor industry has been having a harder and harder time miniaturizing transistors with the latest problem being Intel’s delayed roll-out of its new 14 nm process. The best way to confirm this slowdown in progress of computing power is to try to run your current programs on a 6-year-old computer. You will likely have few problems since computers have not sped up greatly during the past 6 years. If you had tried this experiment a decade ago you would have found a 6-year-old computer to be close to useless as Intel and others were...