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Business/Economy (Bloggers & Personal)

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  • The Donald & The La Raza Judge

    06/07/2016 5:30:53 AM PDT · by KeyLargo · 47 replies
    Townhall.com ^ | June 7, 2016 | Pat Buchanan
    The Donald & The La Raza Judge Pat Buchanan Jun 07, 2016 Before the lynching of The Donald proceeds, what exactly was it he said about that Hispanic judge? Stated succinctly, Donald Trump said U.S. District Judge Gonzalo Curiel, who is presiding over a class-action suit against Trump University, is sticking it to him. And the judge's bias is likely rooted in the fact that he is of Mexican descent. Can there be any defense of a statement so horrific? Just this. First, Trump has a perfect right to be angry about the judge's rulings and to question his motives....
  • Don't follow your passion

    06/06/2016 8:29:36 PM PDT · by Impala64ssa · 12 replies
    Praeger U ^ | 6/6/16
    Should you follow your passion, wherever it may take you? Should you do only what you love...or learn to love what you do? How can you identify which path to take? How about which paths to avoid? TV personality Mike Rowe, star of "Dirty Jobs" and "Somebody's Gotta Do It," shares the dirty truth in PragerU's 2016 commencement address.
  • Healthcare Cost and Quality - industry view

    06/06/2016 5:38:50 PM PDT · by spintreebob · 22 replies
    Truven Health Analytics ^ | January 2016 | David Koepke, PhD, David Foster, PhD, MPH, Lead Scientist, Truven Health Analytic
    We conclude that (hospital) CEOs are heavily driven to perform on government pay for performance metrics, but less so to metrics that currently fail to correspond to a reimbursement requirement. (Conclusion first here) Truven Health Analytics™ and Mercer teamed to investigate whether there is a correlation between CEO compensation and hospital performance on a balanced scorecard. The study showed there is a strong alignment for the highest level of performance. However, the study also found that 80% of hospitals do not perform well on a balanced scorecard. Instead, compensation appears to be designed to incent the CEO to pursue metrics...
  • Saudi Authorities Panic As Speculators Drive Currency Down

    06/06/2016 1:26:43 PM PDT · by bananaman22 · 19 replies
    Oilprice.com ^ | 06-06-2016 | ZH
    With Saudi Riyal forwards plunging back below 3.81, dramatically weaker than the current peg, Bloomberg reports that Saudi authorities are cracking down on currency traders as speculation mounts that the world’s biggest oil exporter won’t be able to maintain the riyal’s peg to the dollar as revenue plunges. Saudi Arabia ordered banks in the kingdom to stop selling some products that allow speculators to bet against its currency peg just days after demanding information from lenders on the offerings, according to people with knowledge of the matter. The Saudi Arabia Monetary Agency sent a circular to banks this week saying...
  • Administration "Not Disappointed" with Job Numbers [semi-satire]

    06/06/2016 10:47:10 AM PDT · by John Semmens · 3 replies
    Semi-News/Semi-Satire ^ | 5 June 2016 | John Semmens
    Though the Bureau of Labor Statistics report for May showed an anemic 38,000 new jobs were created during the month and a record 94,708,000 Americans were not in the labor force, Obama Administration Press Secretary Josh Earnest insisted that "we are not disappointed with these numbers." "Those who can't grasp the President's goals for the transformation of this country harp on the point that 38,000 new jobs are far too few to accommodate this country's monthly 200,000 population increase," Earnest complained. "Likewise, they see the expansion of the contingent not in the workforce as a negative. They've got it exactly...
  • U.S. Crude Exports Hit 96 Year High

    06/06/2016 9:42:03 AM PDT · by bananaman22 · 12 replies
    Oilprice.com ^ | 06-06-2016 | Zain
    U.S. crude oil exports rose to 591,000 barrels per day in April, up 83,000 barrels from March, according to new data from the U.S. Census Bureau on Friday. The total figures are the highest since at least 1920, Rigzone reports. A majority of the crude - 324,000 bpd of it - went to Canada, 90,000 more went to Curacao and 36,000 others went to the Bahamas. The figures come almost six months after the U.S. government lifted restrictions on crude exports.
  • Investors Already Believe In A Presidential Victory For Donald Trump

    06/05/2016 8:18:19 PM PDT · by 2ndDivisionVet · 9 replies
    The Inquisitr News ^ | June 5, 2016 | Christian Savoy
    At the start of the campaign to elect the Republican and Democratic candidates, almost nobody would have bet that Donald Trump would eventually be the Republican presidential nominee. Trump awakened many antipathies within his own party, and the other candidates had much more support among its top leaders. In little over a month, Trump has gotten rid of his opponents within the party while his chances of becoming president of the United States of America continue to grow. As strange as it may seem, the candidacy of Donald Trump has gone from the eccentricity of a billionaire’s desire for greatness,...
  • Obama: Manufacturing Jobs Outsourced To Mexico Aren’t Coming Back

    06/05/2016 2:34:44 PM PDT · by 2ndDivisionVet · 49 replies
    Breitbart ^ | June 2, 2016 | Charlie Spiering
    President Barack Obama is giving up on some of the American manufacturing jobs that went to Mexico, telling an Indiana resident that many of those jobs are not coming back. During a town hall in Elkhart, Indiana, Obama was asked a question about manufacturing by a man who was once employed by Carrier Corporation in Indiana before the plant announced plans to move to Mexico. “What we have to do is to make sure that folks are trained for the jobs that are coming in now because some of those jobs of the past are just not going to come...
  • The next “green” plan: Have the feds seize coal plants and shut them down

    06/05/2016 12:58:35 PM PDT · by PROCON · 26 replies
    hotair.com ^ | June 5, 2016 | JAZZ SHAW
    How did we not think of this before? You can almost smell the excitement in the air around the green energy warrior community. The Washington Post ran an op-ed this week from “environmental attorney” Stephen Kass in which he puts forth a bold plan for dealing with climate change and the nation’s stubborn refusal to let go of proven, reliable energy generation via fossil fuels. The big target in Kass’ sights is the coal industry and the nation’s remaining coal fired power plants. With resistance growing to the Obama administration’s deceptively named Clean Power Plan, the author comes up...
  • Climate accord 'irrelevant,' and CO2 cuts could impoverish the world: Scientist

    06/05/2016 10:53:51 AM PDT · by 2ndDivisionVet · 8 replies
    CNBC ^ | June 4, 2016 | Javier E. David
    The world's historic effort to reduce carbon emissions is likely to be a costly if not quixotic endeavor, according to one expert, whose recently published research warns that decarbonizing the globe could have devastating consequences on the world's way of life. In a report published this week, the International Energy Agency issued a call for "concrete action" to match the ambitions of last year's landmark climate change agreement, which was recently ratified by nearly 200 countries. The energy watchdog said the transition to a low-carbon future would require "massive changes in the energy system" to prevent the globe's temperature from...
  • 23-year-old On A Mission To Overturn Costly Philippine Power Industry

    06/05/2016 10:18:47 AM PDT · by 2ndDivisionVet · 3 replies
    Forbes ^ | May 25, 2016 | Ralph Jennings
    When Leandro Leviste studied at Yale University, he heard about Elon Musk’s designs for Solarcity. Leviste had bought stocks in Tesla, Musk’s electric car brand, when they were cheap and sold them for $200 apiece at just the right time. Now he wants to cash in again: follow Musk’s mission by building the Philippine equivalent of Solarcity, which is an American company that installs solar panel systems on buildings and owns capacity to make the panels. The 23-year-old founder of Solar Philippines has spent $100 million dollars in bank loans arranged through family connections as well as his Tesla profits...
  • How to make money on Craigslist

    06/04/2016 7:32:43 PM PDT · by 2ndDivisionVet · 48 replies
    AOL Finance ^ | June 3, 2016 | Amelia Josephson
    Ready to kick your Craigslist game up a notch? Maybe you're a regular seller on the site or maybe you want to get started. Either way, we'll cover the basics of how to make money on Craigslist so you can start using the site as your side hustle and make your listings stand out from the crowd. 1. Getting Started If you don't already have a Craigslist account you'll need to make one if you want to make money on Craigslist. On your local Craigslist site, (e.g. newyork.craigslist.org) you'll see a link in the top left that says "post to...
  • India Would Win with Trump

    06/04/2016 4:48:25 PM PDT · by 2ndDivisionVet · 2 replies
    The National Interest ^ | May 26, 2016 | Abhijnan Rej
    The disrupter-in-chief could tilt the global power balance away from China. Last week an enterprising, and unknown, far-right outfit in New Delhi performed a traditional Hindu puja, literally praying for a Donald Trump presidency. The Washington Post took this to mean that Trump has fans in India despite his tasteless rants about outsourcing. Britain’s Guardian quoted the fringe leader behind the religious ceremony describing Trump as “our hero.” The Hindu right’s Islamophobia is one that The Donald surely shares. They too, like Trump, are keen on restoring some putative long-lost national glory. But a far more sophisticated argument, beyond the...
  • Politically Correct Golfers Association (PCGA) Moves to Mexico

    06/04/2016 7:37:26 AM PDT · by Sean_Anthony · 32 replies
    Canada Free Press ^ | 06/04/16 | Jeff Crouere
    A “Brave New World": Commissioners of sports leagues are just as infected as the leaders of media, business, government, higher education and the other pillars of our society After five decades, the World Golf Championship will move next year from the National Doral golf course in Miami, Florida to a golf course in Mexico City. Since the Doral course is owned by the certain GOP presidential nominee Donald Trump, this decision smacks of political correctness. At least most objective observers would surmise that politics played a role in this decision; however, such a motive was denied by PGA Commissioner Tim...
  • So let’s see that May job creation report . . . er, then again . . .

    06/03/2016 1:06:31 PM PDT · by Sean_Anthony · 4 replies
    Canada Free Pressa ^ | 06/03/16 | Dan Calabrese
    Only 38,000 new jobs is rancidly awful - the worst in nearly six years. I guess you could be a sunny-side-up kind of guy. If it’s the worst in six years, then everything for the past six years was better. Hurray! Or you could understand how it really is: Despite the very misleading U3 unemployment rate that owes its gloss to the lowest labor participation rate since 1978, the economy has not been creating new jobs to any serious degree since the 2008 mortgage market meltdown. Any month when we do under 200,000 is a net loss because that’s the...
  • Oil Prices Down As OPEC Fails To Agree Output Ceiling

    06/02/2016 8:35:11 AM PDT · by bananaman22 · 10 replies
    Oilprice.com ^ | 02-06-2016 | Nick
    The much anticipated OPEC meeting in Vienna on June 2 ended pretty much as expected: the group once again failed to put any production targets in place. Without a ceiling on output, all OPEC members will continue to produce as they see fit, leaving the oil market to sort itself out. The result was largely anticipated, given the lack of agreement at several prior meetings. However, the meeting in Vienna was not without some news. OPEC members managed to agree on several small bore issues, which could be viewed as a modest success, especially after the apparent hostility on display...
  • U.S. Immigration at 15-Year High With 3 Million Arrivals Over the Past Two Years

    06/01/2016 7:11:29 PM PDT · by Tolerance Sucks Rocks · 21 replies
    MRC TV ^ | June 1, 20156 | Brittany M. Hughes
    More than three million new immigrants have settled in the United States over the past two years, with more than one-third of them arriving illegally, according to a new report from the Center for Immigration Studies. The number of new immigrants coming to the U.S. is the highest influx since 2000-2001. The report, published Wednesday and derived from the latest data by the U.S. Census Bureau, explains:
  • Like Ebay For Oilfields, EnergyNet Booms As Oil Busts

    06/01/2016 6:47:09 PM PDT · by 2ndDivisionVet · 2 replies
    Forbes ^ | June 1, 2016 | Christopher Helman
    How online auctioneer EnergyNet helps bring liquidity, and recovery, to America’s busted oil patch. In the first 18 months of the oil bust, 70 companies have gone bankrupt, defaulting on $40 billion in debt. A trillion dollars of oil company equity has been wiped out. Layoffs top 200,000. With oil holding at around $45 a barrel, more liquidations are on the way. Already the old guys swear this bust is worse than in 1986, when oil dropped below $25 in today’s dollars. At least one thing is better now: Thanks to the magic of the Internet, it’s easier for cash-strapped...
  • Oil Industry Drove US Wage Growth. Now that Is Over

    06/01/2016 3:58:44 PM PDT · by bananaman22 · 9 replies
    Oilprice.com ^ | 01-06-2016 | Irina
    A report from Pew Research Center reveals that between the third quarter of 2000 and the same period of last year, wages across the U.S. rose by an impressive 7.4 percent in real terms, driven largely by the oil and gas industry. Wages in energy-dependent communities rose by the most, in some cases more than twofold, such as in Texas. This shouldn’t be surprising as the period reviewed coincides with the peak of the shale boom in the country, even though it also covers two periods of recession. But those positive effects are starting to disappear. The energy industry is...
  • Rich Eating Well in Venezuela, Basque Executive Shows

    06/01/2016 1:14:42 PM PDT · by 2ndDivisionVet · 63 replies
    Venezuela Analysis ^ | May 31, 2016 | teleSUR English
    (PHOTOS-AT-LINK) Agustin Otxotorena, a Basque executive living in Caracas, grew tired of constant calls from friends and relatives in Spain telling him that there was no food in Venezuela, so on May 20 he began publishing photos on Facebook of supermarkets in upscale sectors of Caracas filled with goods. In addition to showing evidence of an abundance of food stuffs, Otxotorena also analyzed the situation. He concluded that there are two countries in Venezuela—one where "there are many people having a hard time, who don’t have the money to live,” and another where there is "an upper class that has...