Business/Economy (Bloggers & Personal)

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  • The Real Problem With ‘Economic Development’ Programs

    03/05/2015 9:40:43 AM PST · by MichCapCon · 2 replies
    Michigan Capitol Confidential ^ | 3/4/2015 | Jarrett Skorup
    From 1995 to 2011, Michigan ran a program that granted special tax exemptions to chosen companies. The research on this program – the Michigan Economic Growth Authority – has been pretty consistent: It was a failure. The Mackinac Center did two studies on MEGA; a 2005 study showed that the few jobs “created” from the program were temporary and expensive and a 2009 study found that it had an overall negative impact on Michigan’s economy. The Michigan Office of the Auditor General has found repeated problems with state “economic development” programs over-promising and under-delivering. The Anderson Economic Group found a...
  • The Internet Of Things: A Dystopian Nightmare Where Everyone And Everything Will Be Monitored

    03/05/2015 9:06:15 AM PST · by SeekAndFind · 43 replies
    TEC ^ | 03/05/2015 | Michael Snyder
    Can you imagine a world where your home, your vehicles, your appliances and every single electronic device that you own is constantly connected to the Internet? This is not some grand vision that is being planned for some day in the future. This is something that is being systematically implemented right now. In 2015, we already have “smart homes”, vehicles that talk to one another, refrigerators that are connected to the Internet, and televisions that spy on us. Our world is becoming increasingly interconnected, and that opens up some wonderful possibilities. But there is also a downside. What if we...
  • The Global Problem: Monetary Policy Can't Fix an Economy's Structural Problems

    03/05/2015 9:02:55 AM PST · by SeekAndFind · 5 replies
    Of Two Minds ^ | 03/05/2015 | Charles Hugh-Smith
    When we look back from 2025, it will be painfully obvious that central bank policies exacerbated the systemic crises that brought down the global financialization machine. What with all the praise being heaped on central banks for "saving" the world from economic doomsday in 2008, it's only natural to ask which structural problems their unprecedented policies solved in the past 6 years. After all, "saving" the world from financial collapse was relatively quick work; so what problems beyond imminent implosion did the central banks policies solve in the past 6 years? Answer: none. zip, zero, nada. The truth is central bank policies...
  • Job Cuts Surge 19%; Energy Sector 38% Of Total: Falling Oil Hasn't Resulted In Higher Spending

    03/05/2015 8:56:07 AM PST · by SeekAndFind · 12 replies
    Zero Hedge ^ | 03/05/2015 | Tyler Durden
    A month ago we asked if, perchance, the BLS had simply forgotten to add any of the job losses in the energy sector in January, when it reported a drop of just 1900 jobs in the entire Oil and Gas Extraction space, compared to 18K actual announcements, and 21,300 job cuts in the sector as reported by Challenger. Moments ago, the latest Challenger data is out, and we really hope the BLS finally reads it because things in the energy sector are getting worse by the day, if only for its well-paid workers. According to Challenger, the February total...
  • Volunteers Crowdfund A Robotank For Ukraine’s Army

    03/04/2015 8:02:34 PM PST · by 2ndDivisionVet · 5 replies
    Voactive ^ | March 4, 2015 | Vladi Vovchuk
    Ukrainians have released a video of a new crowdfunded tank that they hope to equip with missile launchers and/or machine guns. The small prototype was created together by a local volunteer movement called “the People’s Project” which is fundraising to buy weaponry and necessary items for the military through a dedicated crowdfunding website. Tested The First People's Tank. Analyze and fix flaws. Further establishing combat module and setup software to control it. Who cares-see here: http://t.pp.ua/tanktest1 The complex is intended primarily to save the lives of our soldiers. Why risk the most expensive in the world-human lives, if this work...
  • How Apple Indoor Maps and Positioning Caters High Visitor Volume Facilities

    03/04/2015 6:25:43 PM PST · by 2ndDivisionVet · 11 replies
    App Developer Magazine ^ | February 27, 2015 | Stuart Parkerson
    One thing you can depend on, Apple is going to pack all kinds of goodies into its technology that offer the potential to transform the functionality of these devices and transform how you communicate with your customers. A case in point is Apple’s Indoor Positioning functionality, which Apple has updated for iOS 8 to provide facility owners with indoor latitude, longitude and floor level via API. To utilize Indoor Positioning in their own app, facility owners will need to survey their facility using Apple tools and upload a map to the Maps Indoor interface. Once that is done, the technology...
  • How 3D Printing Could End The Deadly Shortage Of Donor Organs

    03/04/2015 6:05:13 PM PST · by 2ndDivisionVet · 12 replies
    The Huffington Post ^ | March 2, 2015 | Macrina Cooper-White
    Three-dimensional printing has been used to make everything from pizza to prostheses, and now researchers are working on using the emerging technology to fabricate hearts, kidneys, and other vital human organs. That would be very big news, as the number of people who desperately need an organ transplant far outstrips the number of donor organs available. On average, about 21 Americans die every day because a needed organ was unavailable. What exactly is the promise of 3D printing organs and tissues, or "bioprinting?" How does the technology work, and when might it start saving lives? For answers to these and...
  • Exposed : The Planned Subjugation of America

    03/04/2015 4:32:38 PM PST · by Sheapdog · 21 replies
    Canada Free Press ^ | March 3, 2015 | Judi McLeod
    The actual blueprint of the method of the madness of the Obama regime has been laid bare in White House plans to develop “A Country Within A country” of 15 Million “New Americans”, a story brought to light by Mark Levin’s interview with Susan Payne. “Citizens Will Be Cast Into the Shadows”, warns Susan Payne, a contributor to WCBM, Baltimore and Co-Host of the Pat McDonough Radio Show. (Independent Sentinel, February 28, 2015) Citizens about to be cast into the shadows is only courtesy of the natural order when the current administration in D.C. operates not on the way its...
  • State Feeling the Heat for Corporate Welfare Deals Coming Home to Roost

    03/04/2015 11:23:36 AM PST · by MichCapCon · 6 replies
    Michigan Capitol Confidential ^ | 2/27/2015 | Jack Spencer
    Corporate welfare is causing major budgetary woes for the state of Michigan. The sum of refunds from unspecified tax credits handed out in the past is estimated to exceed $9 billion in the years to come. The credits were given through the Michigan Economic Development Corporation (MEDC) as incentives for businesses to create or retain jobs. Meanwhile, the agency continues to operate amidst complaints from lawmakers, reporters and others about its lack of transparency. An objective means of determining the benefits of the credits, as measured in the number of jobs produced or retained, has not been forthcoming, and the...
  • CPAC 2015’s Conservative View of Immigration Focused on “Consensus”

    03/04/2015 11:15:41 AM PST · by Sean_Anthony · 2 replies
    Canada Free Press ^ | 03/04/15 | Dr. Ileana Johnson Paugh
    If illegals who refuse to assimilate do not come to the United States for welfare, why have so many received over $4.1 billion in earned income tax credit “We are not a nation of immigrants, we are a nation of citizens.” - Mark Levine to CPAC Among the glitz and conservative rhetoric of CPAC 2015, one important panel discussion was barely attended by 40-50 people – “Immigration: Can Conservatives Reach a Consensus?” It is in my estimation an issue that is going to fundamentally alter the makeup of our society forever. The panel was moderated by Charlie Gerow of Quantum...
  • Why ‘Jihadi John’ did not have a job

    03/04/2015 7:52:49 AM PST · by Sean_Anthony · 4 replies
    Canada Free Press ^ | 03/04/15 | Arthur Weinreb
    Emwazi did not join the Islamic State because he did not have a job. He didn’t need one. He was a proud member of the family business that consisted of leeching off the state Deputy State Department spokeswoman, Marie Harf, became a household name a couple of weeks ago when she took to the airwaves to state the real reason young people become jihadists and flock to join the Islamic State. They do so because they don’t have jobs. If only they could be gainfully employed, they wouldn’t have any wish to join ISIS where they can spend their days...
  • What's America's Economic Fragility Score?

    03/03/2015 1:09:09 PM PST · by SeekAndFind · 1 replies
    Of Two Minds ^ | 03/03/2015 | Charles Hugh Smith
    By this measure, the U.S. scores very poorly: 4 out of a possible 5 on the Fragility Index. There is a certain logic to the idea that stability is a good predictor for future stability: if a nation's economy and governance are stable and devoid of disorder, this trajectory of stability will be durable, right? Well, actually, no. Nassim Nicholas Taleb and co-author Gregory F. Treverton argue in their essay The Calm Before the Storm: Why Volatility Signals Stability and Vice Versathat "the best indicator of a country’s future stability is not past stability but moderate volatility in the relatively recent past." Taleb and...
  • De-Dollarization: Russia, China Sign Currency Swap Agreement to Double $100b Trade...

    [LINKS & SOURCES] Janjuah on 2015: Oil at $30; bonds to go crazy http://www.cnbc.com/id/102348346 How The FBI Invaded Martin Luther King Jr.'s Privacy -- And Tried To Blackmail Him Into Suicide http://www.huffingtonpost.com/2014/01/20/martin-luther-king-fbi_n_4631112.html Memphis Jury Sees Conspiracy in Martin Luther King's Killing http://www.nytimes.com/1999/12/09/us/memphis-jury-sees-conspiracy-in-martin-luther-king-s-killing.html Court Decision: U.S. “Government Agencies” Found Guilty in Martin Luther King’s Assassination http://www.globalresearch.ca/court-decision-u-s-government-agencies-found-guilty-in-martin-luther-kings-assassination/5320024 Did You Know: US Gov’t Found Guilty In Conspiracy To Assassinate Dr. Martin Luther King, Jr. http://newsone.com/2843790/did-you-know-us-govt-found-guilty-in-conspiracy-to-assassinate-dr-martin-luther-king-jr/ Markets expect decade of below-target inflation even as ECB readies QE http://www.reuters.com/article/2015/01/19/us-markets-bonds-ecb-idUSKBN0KS19K20150119 Draghi Sees Almost $1 Trillion Stimulus as QE Fight Waits http://www.bloomberg.com/news/2014-09-04/draghi-sees-almost-1-trillion-stimulus-with-no-qe-fight.html Davos Agenda: Euro-Zone Deflation, Terrorism,...
  • Engineer Creates a Unique 3D Metal Printer for Just $2 — Prints in Gold, Platinum, Iron & More

    02/28/2015 11:00:16 PM PST · by 2ndDivisionVet · 27 replies
    3D Print ^ | February 26, 2015 | Eddie Krassenstein
    It isnÂ’t often that you come across new 3D printers that utilize an entirely new concept which hasnÂ’t been seen within this industry as of yet. With todayÂ’s technology, we are able to 3D print objects in hundreds of different materials, but when it comes to printing with metals, most of these machines are out our price ranges. 3D metal printers are mainly reserved for large corporations, as they come with price tags in excess of $250,000. However, as technology advances, we may one day soon be able to 3D print metal objects from the comfort of our own homes,...
  • Illegal Immigration - Inflated Uproar Over a Single Issue?

    02/28/2015 8:38:18 PM PST · by jfd1776 · 52 replies
    Illinois Review ^ | February 28, 2015 A.D. | John F. Di Leo
    With an illegal alien population of about 20 million or so, in a nation of over 300 million, one might ask, why on earth are we so focused on this single issue? After all, 20 million is less than ten percent of our population. This nation is suffering. The real issues we need to address include joblessness, drug abuse, gang crime, a crippling national debt, an incredibly expensive but ever-worsening education system, rampant vote fraud, severe military threats from abroad… and many more. These are issues that affect everyone in our entire country, not just ten percent of us! In...
  • OfficeMax call center in Peru reportedly closing (Town in Illinois)

    02/28/2015 8:19:46 PM PST · by 2ndDivisionVet · 12 replies
    The LaSalle News-Tribune ^ | February 26, 2015 | Staff
    An OfficeMax call center in Peru is closing its doors, beginning layoffs in March, according to two sources. Layoffs should be completed in November. A news story in 2013 indicated 275 people worked at the Peru facility. Employees on Thursday were instructed not to speak to the media about the layoffs. OfficeMax merged with Office Depot in 2013. As previously reported, the combined company disappointed state lawmakers by locating its headquarters in Boca Raton, Fla. (Office Depot’s longtime home) and pulling out of Naperville, where OfficeMax had been headquartered. OfficeMax workers have dealt with uncertainty about their jobs for the...
  • Meet the man who could own Aviva France (Strange situation with an insurance contract)

    02/28/2015 1:09:32 PM PST · by 2ndDivisionVet · 4 replies
    The Financial Times Alphaville The Blog ^ | February 27, 2015 | Dan McCrum
    When he was seven years old, Max-Hervé George was given a magic ticket by his father. It lets him turn back the clock, to invest with perfect hindsight week after week, steadily accumulating a fortune. The ticket is a life insurance contract and Mr George, now 25, has fought for years in the French courts to preserve its magic. He could be a billionaire by the end of this decade and, by the end of the next, his contract would be worth more than the insurance company which stands behind it, Aviva France. There is no mystery to the financial...
  • Walker got it exactly right- unions are like terrorists

    02/28/2015 7:23:08 AM PST · by Starman417 · 23 replies
    Flopping Aces ^ | 02-27-15 | DrJohn
    At CPAC, Scott Walker made a remark that caught the attention of many of the left, and some on the right: OXON HILL, Md. (AP) — Wisconsin Gov. Scott Walker said Thursday that his experience taking on thousands of protesters in his state helped prepare him to take on terrorists across the world. The likely Republican presidential contender sparked pointed criticism from labor union leaders across the country after remarks delivered on the first day of the Conservative Political Action Conference in suburban Washington. The annual conference features more than a dozen potential Republican presidential contenders over three days hoping...
  • Bloggers, get your applications in for Dart "Guns and 'Gun Violence' Workshop"

    02/28/2015 5:46:06 AM PST · by marktwain · 16 replies
    Gun Watch ^ | 28 February, 2015 | Dean Weingarten
    The above is a screenshot from the Dart Center for Journalism and Trauma's call for applications from journalists to attend a "workshop for journalists on covering guns and gun violence". It is from the dartcenter.org website, so you can look for yourself. The workshop specifically includes an invitation for bloggers to apply. From DART: To help journalists and news organizations in the Southwest improve their reporting on guns and gun violence, the Dart Center for Journalism and Trauma at Columbia Journalism School is organizing a two-day regional workshop May 29 and 30, 2015 for reporters, editors, news directors, photographers,...
  • A Room-Sized 3D Printer Will Make Freeform Concrete Design Easy

    02/28/2015 12:24:24 AM PST · by 2ndDivisionVet · 10 replies
    Gizmodo ^ | February 26, 2015 | Jamie Condliffie
    Concrete is an amazing building material: cheap to create, strong when used correctly, and hard-wearing, too. But turning it into exotic and shapely forms can be prohibitively complex and expensive. Now, a 3D printer capable of producing one-off moulds as large as a phone booth could help turn architectural dreamw into affordable reality. The Engineer reports that a collaboration between 3Dealise, a 3D engineering company, and Bruil, a construction company, has spawned the new device. The pair claim that the machine—pictured below—can "create irregularly curved surfaces, lightweight half-open mesh or honeycomb structures, and even ornamental craftwork." The printer is used...
  • Get Credit for Your Retirement Savings Contributions

    02/27/2015 10:44:38 PM PST · by 2ndDivisionVet
    You may be eligible for a tax credit if you make eligible contributions to an employer-sponsored retirement plan or to an individual retirement arrangement. Here are six things the IRS wants you to know about the Savers Credit: 1.Income Limits The Savers Credit, formally known as the Retirement Savings Contributions Credit, applies to individuals with a filing status and income of: • Single, married filing separately, or qualifying widow(er), with income up to $27,750 • Head of Household with income up to $41,625 • Married Filing Jointly, with incomes up to $55,500 2.Eligibility requirements To be eligible for the credit...
  • Q4 GDP Revised Down To 2.2% From 5.0%: Full Breakdown

    02/27/2015 9:04:29 AM PST · by Kartographer · 15 replies
    Zerohedge ^ | 2/27/15 | Tyler Durden
    There was much hope that when Q3 GDP soared to 5%, primarily on the back of Obamacare spending recalendarization and a massive consumption/personal saving data revision, that the US economy would finally enter lift-off mode. Those hopes were reduced by about 60% when moments ago the BEA announced that Q4 GDP was revised from the original 2.64% print to only 2.18%, which while better than expected, was the lowest economic growth rate since the "polar vortex."
  • The US recovery story is a fraud?

    02/27/2015 8:49:51 AM PST · by alexmark1917 · 18 replies
    Most US economic data missed expectations in February. And that investors are sending stocks to all-time highs is making Societe Generale's Albert Edwards crazy. In a note Thursday, Edwards wrote: "With equity markets galore hitting record highs clearly I must be missing something big! We are at that stage in the cycle where I begin to doubt my own sanity. I’ve been here before though and know full well how this story ends and it doesn’t involve me being detained in a mental health establishment (usually)." From Janet Yellen's testimony on Capitol Hill earlier this week, Edwards points out that...
  • Why Does Maryland Have The Most Millionaires Per Capita? The Answer Might Make You Angry

    02/27/2015 7:14:28 AM PST · by SeekAndFind · 38 replies
    TEC ^ | 02/27/2015 | Michael Snyder
    The fat cats in Washington D.C. are living the high life, and they are doing it at your expense. Over the past decade, there has been one area of the country which has experienced a massive economic boom. Thanks to wildly out of control government spending, the Washington D.C. region is absolutely swimming in cash. In fact, at this point the state of Maryland has the most millionaires per capita in the entire nation and it isn’t even close. If you have never lived there, it is hard to describe what the D.C. area is like. Every weekday morning, hordes...
  • Climate scientist being investigated by Congress for not believing in global warming enough

    02/26/2015 9:44:40 AM PST · by Cincinatus' Wife · 12 replies
    Amerian Thinker ^ | February 26, 2015 | Rick Moran
    Roger Pielke, a professor of environmental studies at the University of Colorado, and six others are under investigation by Congress regarding testimony they've given on the subject of climate change.Pielke, a believer in man-caused global warming, can't quite figure out why he's the object of a witch hunt....................... What am I accused of that prompts being investigated? Here is my crime: Prof. Roger Pielke, Jr., at CU’s Center for Science and Technology Policy Research has testified numerous times before the U.S. Congress on climate change and its economic impacts. His 2013 Senate testimony featured the claim, often repeated, that it...
  • How an Undocumented Immigrant From Mexico Became a Star at Goldman Sachs

    02/25/2015 11:34:54 PM PST · by 2ndDivisionVet · 5 replies
    Bloomberg Business | February 25, 2015 | Max Abelson
    Link only due to copyright issues: http://www.bloomberg.com/news/articles/2015-02-25/how-an-undocumented-immigrant-from-mexico-became-a-star-at-goldman-sachs
  • FCC: You Won’t Know What’s In Net Neutrality Until We Force It Upon You

    02/25/2015 5:22:39 PM PST · by Sean_Anthony · 32 replies
    Canada Free Press ^ | 02/25/15 | Douglas V. Gibbs
    Behind the 332 pages is the proposal by President Barack Obama to treat the internet like a utility, which would unconstitutionally seize federal power to regulate the Internet like a public utility The power grab is on, and the Obama Executive Branch will keep it all under wraps until it is too late for you to protest against it. Such has been the tendency of the Obama White House for six years, but now the brazen tyranny is being pranced in front of us as if the hard left minions of President Obama are daring us to make a peep...
  • VANITY: Move to Seattle? Any young Conservatives in the city or state?

    02/25/2015 2:05:45 PM PST · by bushwon · 178 replies
    me ^ | 02/25/2015 | bushwon
    My daughter is graduating this summer--she has a dear friend who lives in Seattle and has suggested my daughter might move out there. Daughter could move anywhere she can find job in her field. My daughter is a conservative tho not a political junkie like her mom LOL. Her friend is probably a moderate, but not particularly political. I have a "moderate" republican friend who said Seattle is just growing by leaps and bounds and lots of young people are moving there. Though I have no direct say in the matter as daughter is an adult and I have not...
  • Recovery? The World Eases...

    02/25/2015 2:00:46 PM PST · by alexmark1917 · 3 replies
    Despite endless proclamations that the world has 'escaped' the financial crisis, the data (and actions) simply do not back that up. The constant propagandizing of either a) US is economically strong and will drive the world's growth engine (factually incorrect), or b) the rest of the world is about to revert to higher growth seems entirely anathema to the fact that in 2015, we have seen a wave of monetary easing - most recently today by Israel. That makes it20 central banks that have cut rates (or eased policy) in the last few weeks - covering over 50% of the...
  • DEFUNDING OBAMA'S AMNESTY: Litmus test for Republicans - true conservatives standing on principle?

    02/25/2015 11:52:07 AM PST · by forty_years · 12 replies
    The Midnight Ride ^ | 2/25/2015 | Andrew L. Jaffee
    Republican leadership seems on the verge of caving in, breaking their November 4, 2014 election promises, and funding President Obama's blatantly unconstitutional executive directives to grant amnesty to approximately 5 million illegal immigrants. Did Republicans get the message voters sent in the November 4 election? Republicans took the Senate, strengthened their hold on the House, took a good number of state houses, and won an amazing number of governorships, but voters weren't solely endorsing the GOP -- not by a long-shot. Voters were more concentrated on repudiating President Obama's policies and those of his out-of-control "liberal" establishment. But, before dissecting...
  • The End of Freedom in America

    02/25/2015 10:26:55 AM PST · by Sean_Anthony · 28 replies
    Canada Free Press ^ | 02/25/15 | Alan Caruba
    Democrat-controlled FCC has its way, the Internet will slow your access, could eliminate access countless sites that provide news, express opinions the federal government finds offensive. That's what tyrannies do The America that has existed from the days of the Declaration of Independence in 1776, when its sovereignty was acknowledged by a treaty with England 1783, and its founding in 1788 with the ratification of the Constitution is no more. The America for which thousands fought and gave their lives is no more. That America ends on February 26 when the Federal Communications Commission, under intense pressure from the Obama...
  • Off The Wall: Minimum Wage

    02/25/2015 10:26:11 AM PST · by shove_it · 56 replies
    Mike'sBlog ^ | 5 Feb 2015 | Mike Rowe
    Hi Mike, The federal minimum wage is $7.25 and hour. A lot of people think it should be raised to $10.10. Seattle now pays $15 an hour, and the The Freedom Socialist Party is demanding a $20 living wage for every working person. What do you think about the minimum wage? How much do you think a Big Mac will cost if McDonald’s had to pay all their employees $20 an hour? Darrell Paul Hi Darrell Back in 1979, I was working as an usher for United Artists at a multiplex in Baltimore. The minimum wage was $2.90, and I...
  • This Is Why Hewlett-Packard Is Firing 58,000

    02/25/2015 7:19:07 AM PST · by SeekAndFind · 55 replies
    Zero Hedge ^ | 02/25/2015 | Tyler Durden
    The biggest scandal in today's release of Hewlett Packard Q1 earnings was not that, just as the Nasdaq is knocking on 5000's door, it reported revenues of $26.8 billion missing consensus expectations of $27.3 billion, while beating non-GAAP EPS by 1 cent to $0.92 (up from $0.90 a year ago) entirely due to a massive reduction in outstanding stock and some truly gargantuan non-GAAP addbacks (GAAP EPS declined from $0.74 a year ago to $0.73) pushing the stock down 7% after hours. The biggest scandal was the company announced that having cut 44,000 workers so far, it will cut...
  • Why the Gap Between Worker Pay and Productivity Is So Problematic

    02/25/2015 6:34:42 AM PST · by ckilmer · 5 replies
    theatlantic.com ^ | Feb 25 2015, 7:30 AM ET | Gillian B. White
    One of the most frustrating parts of the sluggish recovery has been paltry wage gains for most workers. That's because even if the stock market is performing well, corporate profits are increasing, and home values are rising—one of the most direct and important ways to boost the financial health, and consumption, of the middle and lower class is through increases to worker's wages.
  • Democrats Are The Party Of The Poor

    02/25/2015 5:32:15 AM PST · by LeoMcNeil · 17 replies
    Leo McNeil ^ | February 25, 2015 | Leo McNeil
    The Democrats have presenting themselves as the party of the poor since FDR. The media of course has been lapping this up for at least that long. Despite all of the big government programs pushed by the Democrats, particularly the so-called Great Society programs of LBJ, poverty hasn’t declined. All the Democrats big welfare programs have done is create a stagnate dependent class. Unmotivated and unwilling, these people have been largely living on the dole for decades going on generations. The Democrats have long bought their votes with promises of at least maintaining welfare benefits, if not promising to increase...
  • It’s Germany vs. Greece, And The Very Survival Of The Eurozone Is At Stake

    02/24/2015 3:17:20 PM PST · by SeekAndFind · 16 replies
    TEC ^ | 02/23/2015 | Michael Snyder
    Is this the beginning of the end for the eurozone? On Thursday, Germany rejected a Greek request for a six-month loan extension. The Germans insisted that the Greek proposal did not require the Greeks to adhere to the austerity restrictions which previous agreements had forced upon them. But Greek voters have already very clearly rejected the status quo, and the new Greek government has stated unequivocally that it will not be bound by the current bailout arrangement. So can Germany and Greece find some sort of compromise that will be acceptable to both of them? It certainly does not help...
  • Most Americans Are Slaves And They Don’t Even Know It

    02/24/2015 3:15:00 PM PST · by SeekAndFind · 31 replies
    TEC ^ | 02/24/2015 | Michael Snyder
    Most Americans spend their lives working for others, paying off debts to others and performing tasks that others tell them that they “must” do. These days, we don’t like to think of ourselves as “servants” or “slaves”, but that is what the vast majority of us are. It is just that the mechanisms of our enslavement have become much more sophisticated over time. It has been said that the borrower is the servant of the lender, and most of us start going into debt very early into our adult years. In fact, those that go to college to “get an...
  • Mariana Islands has Date for Second Amendment Hearing

    02/24/2015 1:24:09 PM PST · by marktwain · 9 replies
    Gun Watch ^ | 24 February, 2015 | Dean Weingarten
    The Federal court in the Northern Mariana Islands has set a date for the hearing on summary judgment for the lawsuit to uphold the second amendment in the Islands.  From mvariety.com: THE District Court for the Northern Mariana Islands scheduled a March 12, 2015 hearing on the motion for a summary judgment on the constitutionality the commonwealth Weapons Control Act being challenged by a U.S. Navy Gulf War veteran and his wife.From radionz.co.nz: They want to be issued handguns for self-defence, following a home invasion which left Mrs Radich badly beaten. Our correspondent, Mark Rabago, says the Act is...
  • The stage is being set for a massive financial meltdown...

    02/24/2015 9:21:38 AM PST · by alexmark1917 · 40 replies
    Greek 4 month extension does nothing for the people of Greece. Sub-prime auto loans all time high and delinquencies are rising. Existing home sales implode while home price fall. Baltic Dry Index falls and ship builders are filing for bankruptcy. US blimp in Maryland used to watch the people. Ukraine bans Russian media and sets up their own propaganda media. Poroshenko wants Crimea back as they pull more weapons to the front line. US and the coalition forces getting ready for a major offensive in the middle east. DHS budget in trouble, using fear and a false flag event to...
  • Is there another East Asian-style financial crisis coming?

    02/24/2015 6:13:26 AM PST · by alexmark1917 · 2 replies
    Falling oil, rising dollar and fears over US rate increase present in 1997-98 Mark Twain reputedly stated that history does not repeat but it rhymed. In an eerie parallel to 1997-98, falling commodity — especially oil — prices, a rising US dollar and potential increases in US interest rates may presage a new financial crisis. Weak growth, high debt levels, disinflation or deflation, policy driven destructive competitive devaluations, inflated financial risk taking and mispricing compounds the problems. The impending crisis may develop as follows. First, US equity prices come under pressure from a stronger dollar. Given 40 per cent of...
  • Forget Pizza Delivery: How Drones in Construction and Agriculture Help Save Time and Money

    02/24/2015 1:49:12 AM PST · by 2ndDivisionVet · 6 replies
    Autodesk ^ | February 12, 2015 | Jeff Walsh
    When people discuss business uses for drones, they tend to jump to the novelty end of the consumer market—from the drone hobbyist with a GoPro camera to a complete overhaul of delivery services. “In the press, you always hear that Amazon will deliver a book, or pizzas will come to your house,” says Amar Hanspal, senior vice president at Autodesk, during a recent discussion on drones at Gigaom Structure Connect. “That is a cute thing to talk about, but the real action is in B2B industrial applications. That is where we’re watching the democratization of a broad use of drones...
  • Alibaba founder Ma was rejected from 30 jobs, including KFC, before becoming richest man in China

    02/23/2015 2:27:00 PM PST · by 2ndDivisionVet · 12 replies
    Business Insider ^ | February 17, 2015 | Ashley Lutz
    Jack Ma is one of the most successful entrepreneurs in the world. His e-commerce company, Alibaba, attracts 100 million shoppers a day. Ma is worth an estimate $20.4 billion. But before he was the richest person in China, Ma went through a lot of rejection. In a recent interview with Charlie Rose, the businessman reveals that he failed a college entrance exam three times. Once he ruled out college, Ma applied for 30 different jobs and got rejected. "I went for a job with the police; they said, 'you're no good,'" Ma tells Rose. "I even went to KFC when...
  • FL:Armed and Alert Business Owner Stops Crime Spree

    02/23/2015 11:28:43 AM PST · by marktwain · 5 replies
    Gun Watch ^ | 21 February, 2015 | Dean Weingarten
    An alert and armed business owner made a citizens arrest of the third suspect in a string of over 40 burglaries.   Police had distributed email alerts describing the suspect, and Charles Fouche, owner of Beach Pawn Shop was able to get the drop on the suspect, William Hasencamp.  Link to video of the encounter Mr. Fouche, along with a number of other jewelery and gold dealers had been sent pictures of the suspect, who police believed to be the ringleader of the three man team.  The other two suspects had already been arrested. The police had described the suspect...
  • White kids don't want to work (according to commenter Joe on blog)

    02/23/2015 9:51:02 AM PST · by dennisw · 22 replies
    queenscrap.blogspot. ^ | feb 19 2015 | Joe the commenter
    Joe said... Its the same s**t all over, white kids don't want to work. Only cash out what their familys worked generations for and expect making a living doing some kind of art!! True true about Disney and company's like Viacom etc. They have poisoned everything including our youth!! Almost every kid under age 25 wants to be some kind of artist, dancer, singer musician. NOTHING anybody will pay them for !! Partly because lazy dumbass parents let them grow up watching TV. All that fake scripted Disney, MTV, Time Warner, Viacom shit they have been spoon fed since...
  • Tech Developed to Make Graphene Batteries 10x Smaller, Same Strength

    02/22/2015 3:23:13 PM PST · by 2ndDivisionVet · 9 replies
    BusinessKorea ^ | February 2, 2015 | Jung Suk-yee
    A Korean research team has successfully developed a technology to make a sponge-like electrode material using graphene and a polymer, leading to a graphene battery. The newly-developed battery is ten times as small as existing ones, but can show the same product performance. A research team headed by Park Ho-seok, professor of the School of Chemical Engineering at Sungkyunkwan University, announced on Feb. 1 that it has succeeded in developing a very porous graphene aerogel electrode material by combining polyvinyl alcohol and graphene. Studies on developing high-capacity and rapidly-chargeable batteries are underway worldwide. It is necessary to compress devices in...
  • Mall of America Protected from Jihadist attack by Gun Free Zone Signs

    02/22/2015 12:49:48 PM PST · by marktwain · 46 replies
    Gun Watch ^ | 23 February, 2015 | Dean Weingarten
    A Somali affiliate of al Qaeda has called for attacks against Western shopping malls, which they see as soft targets.   The call for attacks was seen in a video celebrating the attack on the Westgate shopping mall in Nairobi, Kenya.  From ibtimes.com: “If just a handful of mujahedeen [militant jihadists] fighters could bring Kenya to a complete standstill for nearly a week, just imagine what the dedicated mujahedeen could do in the West to American or Jewish shopping centers across the world,” a masked gunman says toward the end of the video. “What if such an attack were to...
  • How 3D printing has advanced from product prototyping to making human organs

    02/22/2015 8:20:39 AM PST · by 2ndDivisionVet · 10 replies
    The International Business Times ^ | January 12, 2015 | Jayalakshmi K
    A printer was once just a printer, dispensing paper sheets with printed material made from the ink stored within. But today, a printer has evolved to becoming a small-scale manufacturer that 'prints' out anything from human organs to affordable meals to guns. For instance, the XYZPrinting 3D Food Printer, exhibited at the recent CES 2015 in Las Vegas, is expected to print any style of uncooked cookies and other dough-based pastries in minutes. Not exactly as affordable as any other food processor, the printer ranges between $500 and $1,900 and prints food that measures around 5000 cubic cm by volume....
  • Modular Thorium Reactor - ThorCon MSR

    02/22/2015 7:30:43 AM PST · by ckilmer · 35 replies
    itheo.org ^ | 12 January, 2015
    Modular Thorium Reactor - ThorCon MSR 12 January, 2015 Martingale reveals a bold approach to solving the global issues of poverty, pollution, energy security, and climate. Today Martingale is announcing its ThorCon liquid-fuel nuclear reactor design for cheap, reliable, CO2-free electricity. ThorCon is a complete system of power generation modules, interchange maintenance, and liquid fuel service that produces energy cheaper than coal. Principal engineer Jack Devanney led a four-year “skunkworks” project that has created a new kind of nuclear power plant, integrating proven technologies with breakthrough approaches to manufacturing and licensing. Production can start by 2020.Former MIT professor Devanney’s background...
  • 3HTi Signs Deal with MarkForged to Sell the Mark One 3D Printer (Carbon fiber, Kevlar, fiberglass)

    02/22/2015 1:19:58 AM PST · by 2ndDivisionVet · 5 replies
    3D Printing ^ | February 19, 2015 | TE Edwards
    The Mark One 3D printer from MarkForged caused a bit of a sensation last January when it was announced that it could extrude continuous fiber using the FFF process.The Mark One 3D printer, featuring a build volume of 320 x 132 x 160 mm, can print using carbon fiber, Kevlar, fiberglass, and nylon, and in doing so creates very strong parts. Now 3 HTi has announced they’ll be offering, through a partnership with the Cambridge, MA-based MarkForged, the Mark One 3D printer as one of the first companies authorized to sell the revolutionary technology. 3 HTi is a technology solutions...
  • Meet 10 Indian couples who tied the knot and began their startup

    02/21/2015 6:17:19 PM PST · by 2ndDivisionVet · 5 replies
    The Economic Times ^ | February 22, 2015 | Rajiv Singh
    In the good old days, if they fell in love in B-school, got married and kicked off a career, the choices were predictable — if it was an MBA in marketing, it had to be a role in a consumer goods multinational (think Hindustan Unilever or Procter & Gamble or Nestle); if it was finance, the husband-wife duo inevitably found themselves at rival investment banks on Dalal Street. These days, it's a bit different. Many couples who met in school or college — not just B-schools — are taking the long and invigorating walk down the aisle of entrepreneurship. And,...