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Business/Economy (Bloggers & Personal)

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  • If new EU sanctions hit energy sector, Russia may close airspace - Medvedev

    09/08/2014 9:04:06 AM PDT · by ConservingFreedom · 12 replies
    Russia Today ^ | September 08, 2014
    Prime Minister Dmitry Medvedev has warned Russia may shut its air corridors to Western airlines if the next round of European sanctions hit Russian energy companies. "If there are sanctions related to the energy sector, or further restrictions on Russia's financial sector, we will have to respond asymmetrically,” Medvedev said in an interview with the Vedomosti newspaper, published on Monday. EU ministers will gather on Monday to discuss new sanctions against Russia and are rumored to be introduced on Tuesday. The prime minister promised a strong retaliation if the West slaps Russia with more sanctions. “We could impose transport restrictions,”...
  • Gasoline Prices in Delaware Averaging $1.71

    09/07/2014 11:17:22 PM PDT · by 2ndDivisionVet · 19 replies
    WILMINGTON, Del. (AP)- Gasoline prices in Delaware continue to plummet as the price of crude oil has fallen nearly 70 percent from its mid-summer high. AAA Mid-Atlantic says the average price for a gallon of regular in Delaware is $1.71....
  • Political Order and Political Decay

    09/07/2014 11:06:30 PM PDT · by wetphoenix
    The American Interest ^ | August 28, 2014 | Francis Fukuyama
    Volume two of the project I started writing in 2011, titled Political Order in Changing Societies, hits bookstores later this month. It is an attempt to map out how modern states have evolved out of patrimonial ones, and tries to show how simplistic understandings of how development works can lead to disastrous policy. I have not posted to this blog in almost a year because I have been busy finishing up my book Political Order and Political Decay: From the Industrial Revolution to the Globalization of Democracy. The book is now complete and will be published by Farrar, Straus and...
  • AZ:.22 Rimfire Spotted in Yuma

    09/07/2014 3:01:18 PM PDT · by marktwain · 59 replies
    Gun Watch ^ | 7 September, 2014 | Dean Weingarten
    .22 rimfire is starting to become more available, as tremendous demand is being met.   From around the country I am hearing reports of more .22 rimfire being available, though supplies are still not sufficient to keep stores stocked. My friend Jerry needed to purchase some shotgun ammunition for dove hunting, as I was taking his son and friend out as beginning hunters.   We drove to Wal Mart.   Shotgun ammunition has never been in short supply.   Wal Mart was out of dove loads!  Shooting dove with duck loads or buck shot is not a good idea.   I should explain that...
  • Civilian-legal IR laser illuminator

    09/07/2014 1:44:50 PM PDT · by marktwain · 3 replies
    Weaponsman ^ | 5 September, 2014 | Weaponsman
    So L3 Communications, the makers of the PEQ-15, have made a civilian-legal Class 1 version, which they call the ATPIAL-C (“C” for “Commercial”). It’s basically the PEQ-15, made on the same production line out of most of the same parts, just without the high-energy mode. Even side by side they’re hard to tell apart. (Look at the laser safety label — the ATPIAL-C has a triangular warning icon, as befits its lower-energy laser, and the PEQ-2 the red starburst of an eye-unsafe laser). What you give up with the -C model is some range on the laser pointer, a lot...
  • An Economist’s Bad Climate Advice

    09/07/2014 12:04:30 PM PDT · by Sean_Anthony · 4 replies
    Canada Free Press ^ | 09/07/14 | Alan Caruba
    All of the forecasts made by a legion of climate charlatans in the 1980s and 1990s turned out to be WRONG. If I need my car repaired, I do not take it to a dentist. If I am seeking advice about the climate I check out what climatologists and meteorologists are saying, at least those who have not sold their souls to the global warming/climate change hoax. On September 3 The Wall Street Journal published a commentary by Edward P. Lazear titled “The Climate Change Agenda Needs to Adapt to Reality: Limiting carbon emissions won’t work. Better to begin adjusting...
  • Unemployed Unicorns, Bonfires & the Magic Rainbow of Obamanomics

    09/06/2014 4:45:28 PM PDT · by xuberalles · 19 replies
    Self | 9/6/14 | Me
    I’ve said it before and I’ll say it again: the Obama economic recovery is a complete sham! Barack the Barista, aided by his media muppets and trusty teleprompter, continues to tout the “common core” 6.1% unemployment rate while shouting “America is back” from the top of Mount Hypocrisy amidst adoring crowds of mindless Kool-Aid drinkers. As expected, our so-called President is excluding one teensy-weensy, minor detail: Over 92 MILLION Americans, more than a third of the country, are not working! Workforce participation is at an atrocious 62.8%, the lowest rate since Carter’s implosion in 1978, and food stamp recipients have...
  • An Evening With the Video Game Developers Funded By Millions from the U.S. Government

    09/06/2014 2:23:36 AM PDT · by 2ndDivisionVet · 6 replies
    Over glasses of wine and a disco-spinning DJ, more than a dozen government-funded game developers showcased their products on a Wednesday night in Washington, D.C. Various government agencies have been paying these developers millions of dollars to create educational video games. The games ran the gamut from a Common Core-aligned, Shire-themed math challenge to a “judgment-free” historical role-playing game—and none of them were cheap. One young developer was eager to explain that the government spends more on these programs than most people might imagine. They’re usually funded through the Small Business Innovation Research Program (SBIR), on which the government spends...
  • One-Third of Americans Are Freelancers Now

    09/05/2014 7:51:45 PM PDT · by 2ndDivisionVet · 34 replies
    Reason Magazine's Hit & Run Blog ^ | September 5, 2014 | Elizabeth Nolan Brown
    new report shows some 53 million Americans—or 34 percent of the U.S. workforce—are now working as freelancers in some capacity. "This is more than an economic change," asserts the report, a joint effort from the Freelancer's Union and freelance markeplaces oDesk and eLance. It's also "a cultural and social shift" that will "have major impacts on how Americans conceive of and organize their lives, their communities, and their economic power." The first and last time anyone looked at the freelance worker population in the U.S. was 2004, in a report from the Government Accountability Office (GAO). Back then the GAO...
  • Looting is Bad, and So is Your Opinion About Looting: a Twitter Adventure (Barf alert)

    09/05/2014 7:04:54 PM PDT · by 2ndDivisionVet · 12 replies
    Blue Nation Review ^ | August 12, 2014 | Jesse Berney
    In the wake of the brutal slaying of Michael Brown by police in Ferguson, Missouri, locals protested and were faced with law enforcement armed with military-grade weaponry. The night turned chaotic, and protesters looted and then burned at least one store, a local QuikTrip. The video below went viral quickly.(VIDEO-AT-LINK)It wasn’t a great moment for the protesters. The condemnations poured in quickly. After a moment’s thought, I posted this to twitter. Jesse Berney @jesseberney Are you a white person thinking about tsk-tsking the #Ferguson protesters over looting? May I suggest a healthy serving of can u not 10:16 PM -...
  • Ron Daniels: ‘It’s time for young Black leaders to take the lead’("Emergency in Black America”)

    09/05/2014 4:51:48 PM PDT · by 2ndDivisionVet · 24 replies
    The New Pittsburgh Courier ^ | September 4, 2014 | Freddie Allen, NNPA Senior Washington Correspondent
    Hip hop artist and activist Jasiri X (right) speaks during a town hall discussion on Michael Brown’s death in Ferguson, Mo., and police brutality as Ron Hampton, former executive director of the National Black Police Association looks on.WASHINGTON (NNPA) – During a rousing, standing-room only town hall discussion dedicated to the shooting death of Michael Brown in Ferguson, Mo., and police killings of young, Black men across the nation, Ron Daniels, declared, “a state of emergency in Black America.” Daniels, president of the Institute of the Black World 21st Century (IBW), a group devoted to the social, political and economic...
  • AZ:Open Carry at Kroger's (Fry's)

    09/05/2014 4:50:02 PM PDT · by marktwain · 16 replies
    Gun Watch ^ | 5 September, 2014 | Dean Weingarten
    I had read about Moms Demanding Action's strident calling for a boycott of Kroger's over MDA's dislike of the exercise of the second amendment.  I had also read the new media's urging to show support for Kroger's polite reply that the MDA's should mind their own business.   Of course, political manipulation is the MDA's business... and that runs exactly contrary to the limits on government that allow for toleration of others. So I stopped at Fry's and filled up the tank.   I was open carrying, as I usually am in Arizona, especially at this time of year.  Opening day...
  • WSJ: How Washington's Revolving Door Spurred Obama Administration's Anti-Inversion Push

    09/05/2014 10:25:41 AM PDT · by Rusty0604
    Tax Prof Blog ^ | 09/05/2014 | Paul Caron
    If you were wondering why the White House suddenly took an interest in the consequences of tax inversion deals last spring, here is the reason – a pair of Wall Streeters with ties to the Obama administration made some calls on behalf of AstraZeneca which, you may recall, was trying to fend off an unwanted bid from Pfizer. Pfizer cited a tax inversion as one reason for its offer. Specifically, AstraZeneca employed Thomas Nides, a Morgan Stanley vice chairman who was deputy secretary of state in the Obama administration until last year, and who also served in the Clinton administration....
  • Where Minimum-Wage Workers Should Invest if the Wage is Raised to $15/hr

    09/05/2014 6:49:59 AM PDT · by lifeofgrace · 19 replies
    Charting Course ^ | 9/5/14 | Steve Berman
    Three things fast food workers should do with the “extra” money you’ll get if the national minimum wage is raised from $7.25 to $15 per hour. For argument sake, let’s call the average minimum wage $7.85 to account for California, New York, Arizona, Colorado, Montana, Massachusetts, New Jersey, Nevada, Ohio, Illinois and Florida, all of whom have something in the neighborhood of $8 (give or take).  Socialist enclaves of Oregon, Washington, Vermont, and Connecticut are in the $9 range, with Washington the winner at $9.32. Let’s also set the number of hours per week at 30 for the average burger-flipper or fry...
  • Steve Forbes says America’s in a ‘new abnormal’ — here’s why he thinks we’ll ‘emerge strong again’

    09/05/2014 6:17:49 AM PDT · by fredericbastiat1 · 2 replies
    TheBlaze Books ^ | 2014-09-05 | Benjamin Weingarten
    An extensive interview with Steve Forbes on the gold standard, economics and America's future. We touch on topics including among others: *The link between foreign policy/American strength and monetary policy *How currency devaluation helps the financial sector to the detriment of the rest of the American economy [Starting at 3:00] *The significance of a strong currency in enabling trade and thus trust, and social stability/morality *Why the historical record of the gold standard should trump the arguments of its naysayers *Whether politicians will ever be incentivized to truly support a sound dollar *Why quantitative easing was more disastrous than the...
  • Philips Brand Uses Pure Tungsten for Metal 3D Printing and Rapid Prototyping

    09/04/2014 5:58:40 PM PDT · by 2ndDivisionVet · 13 replies
    Inside 3DP ^ | September 4, 2014 | Shanie Phillips
    Tungsten is an extremely hard, robust rare metal that has the highest melting point of all the elements, at 3422 °C (6192 °F). It also has a density that is 19.3 times that of water and about 1.7 times that of lead, which makes it comparable to uranium and gold. And now, a Philips-owned company is 3D printing it. Netherlands-based Smit Röntgen, a medical imaging parts manufacturer, has used Direct Metal Laser Sintering to 3D print tungsten parts. The company began researching the potential of 3D printing tungsten as a business opportunity over a decade ago and announced on Monday...
  • An essential lesson for SEIU and all Americans on what happens when you raise the minimum wage

    09/04/2014 10:21:41 AM PDT · by fredericbastiat1 · 16 replies
    TheBlaze Books ^ | 2014-09-04 | Benjamin Weingarten
    "The question is not whether we wish to see everybody as well off as possible. Among men of goodwill such an aim can be taken for granted. The real question concerns the proper means of achieving it. And in trying to answer this we must never lose sight of a few elementary truisms. We cannot distribute more wealth than is created. We cannot in the long run pay labor as a whole more than it produces."
  • EU - has banned our vacuum cleaners and this is only the beginning

    09/04/2014 8:02:22 AM PDT · by Sean_Anthony · 27 replies
    Canada Free Press ^ | 09/04/14 | Anna Grayson-Morley
    Bureaucrats too young to remember the cold war are now turning Europe into a communist state, Putin must be laughing London, England –“That’s it! I’ve had it. I am voting UKIP (the party that wants separation from the EU) from now on!” my husband exclaimed to me this weekend when yet another store was out of stock of the high powered vacuum we wanted to buy before they were banned. He has been a Tory all his life, but this personal intrusion into how we decide to consume is consuming him with anger. As of this past Monday it is...
  • The Fed: Economy is Gloomy because Americans are “Hoarding Money”

    09/04/2014 7:56:02 AM PDT · by Sean_Anthony · 54 replies
    Canada Free Press ^ | 09/04/14 | Alan Joel
    Investing money in or starting small businesses-- Backbone of America In a moment of recent hand-wringing, the Fed examined the question of why inflation has stayed extremely low in the United States despite all the efforts of quantitative easing money pumping. Their answer: American consumers are mainly to blame. Yes indeed. In a paper released this week by the St. Louis Federal Reserve, the Fed cites “low level of money movement in large part on consumers and their “willingness to hoard money.”. To be fair, the paper also criticized its own policies as well, suggesting that the has they have...
  • House GOP Plan for September: Shame the Senate

    09/04/2014 1:30:17 AM PDT · by Cincinatus' Wife · 10 replies
    Roll Call ^ | September 3, 2014 | Emma Dumain
    Speaker John A. Boehner outlined the September legislative agenda in a Wednesday afternoon conference call with House Republican lawmakers, describing a scheduled 12-day session that will be “brief, but busy.” The most pressing item on the agenda is a short-term spending bill to avert a government shutdown on Sept. 30, but Boehner also spoke strongly and at length, according to a read-out from a source on the call, in favor of using the remaining legislative days before the November elections to draw “a very stark contrast between ourselves and the Democrats who run Washington.” The Republican-led House, Boehner said, “is...