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Business/Economy (Bloggers & Personal)

Brevity: Headers | « Text »
  • Obama Attempts to Distort His Legacy

    11/25/2016 10:46:35 AM PST · by Sean_Anthony · 17 replies
    Canada Free Press ^ | 11/25/16 | Roger Aronoff
    Obama’s “worst legacy, one that remains grotesquely underreported by the ‘watchdog’ mainstream media” is “by far the worst deficit record in U.S. history.” The election of Republican presidential nominee Donald Trump on November 8 was not only a rejection of Hillary Clinton, based on her trustworthiness and her legal and ethical problems, it was also clearly a repudiation of Democratic policymaking, with Trump promising to eliminate or revise a number of Barack Obama’s signature achievements. But, speaking to the press in his first press conference after the election, President Obama maintained that he is leaving the White House and America...
  • Why Reshore Manufacturing? It's the Only Way to Avoid Defective Pirated Parts

    11/25/2016 6:34:28 AM PST · by Lorianne · 59 replies
    Of Two Minds ^ | 22 November 2016 | Charles Hugh Smith
    Reshoring the entire supply chain so it can be trusted is the low-cost solution once you add up the total lifecycle cost of a hopelessly counterfeit global supply chain.___ There are two basic arguments against bringing manufacturing that was transferred overseas (offshored) back to America (reshoring): 1. It's too costly 2. The supply chain is now in China/Asia and it's not possible to source the parts needed to bring manufacturing back to America. I beg to differ on both counts: nothing is more costly and destructive to profits than defective, pirated parts made overseas. Counterfeits made to look like legitimate...
  • Trump a ‘game changer’ for auto industry, Fiat CEO says

    11/24/2016 5:30:57 PM PST · by 2ndDivisionVet · 11 replies
    The Malay Mail ^ | November 25, 2016
    CASSINO, Nov 25 — President-elect Donald Trump’s critical stance toward free trade could affect Fiat Chrysler Automobiles NV’s business in North America, according to the Italian automaker’s chief executive officer Sergio Marchionne. Trump’s election “certainly is a game changer, mainly because I think that there are a number of conditions in the US which are not yet spelled out,” Marchionne told Bloomberg Television at an Alfa Romeo plant in Cassino, Italy. Statements Trump has made about trade are “a big issue” because of the North American Free Trade Agreement’s impact on Fiat’s operations in the US, Mexico and Canada. Trump...
  • A Thanksgiving Tale: 50 Million Turkeys And A 5 Billion Mile Drive

    11/24/2016 3:41:43 PM PST · by bananaman22 · 2 replies
    Oilprice.com ^ | 24-11-2016 | Mike
    This week almost 50 million Americans will take planes, trains, automobiles (and even boats) to travel miles from home for Thanksgiving festivities according to AAA. The auto club sees more than a million extra travelers leaving home this year between now and the end of the month. Thanksgiving is traditionally of as a time for turkey and dinner with family, but given these statistics perhaps it ought to be thought of as a time for travel. After all, the first Thanksgiving was really about travel as well with Europeans having just finished the perilous journey across thousands of miles of...
  • From Twitter Feed - Trump working on Keeping Carrier in USA

    11/24/2016 8:25:49 AM PST · by bobsunshine · 4 replies
    Twitter | November 24, 2016 | Self
    From realDonaldTrump Twitter feed: "I am working hard, even on Thanksgiving, trying to get Carrier A.C. Company to stay in the U.S. (Indiana). MAKING PROGRESS - Will know soon!"
  • Cronyism in Space?

    11/24/2016 8:14:53 AM PST · by Sean_Anthony · 3 replies
    Canada Free Press ^ | 11/24/16 | Megan Barth
    Make no mistake and don’t be fooled by her rhetoric, Garver is a committed liberal who will bring NASA towards cronyism and liberal policies. “One small step for man, one giant leap for mankind” was the phrase that defined a historic event—a global, scientific breakthrough which defined American ingenuity and exceptionalism. A generation of innovators, explorers, and scientists were inspired by this new world which had opened because of the ingenuity and talent responsible for completing NASA’s core mission: deep space exploration, aeronautics and science. However, deep space exploration of this new world has not been fully funded by the...
  • Breitbart isn’t ‘just a publication.’ It’s a pestilence [MSM Meltdown Barf Alert]

    11/24/2016 8:13:22 AM PST · by markomalley · 34 replies
    Washington Compost ^ | 11/23/16 | Ruth Marcus
    To President-elect Donald Trump, Breitbart News — the racist, sexist and all-around offensive website once overseen by his campaign chairman and designated White House chief strategist, Stephen K. Bannon — is “just a publication.” Breitbart’s editors and writers, Trump told the New York Times, “cover stories like you cover stories.” Granted, Trump said, “they are certainly a much more conservative paper, to put it mildly, than the New York Times. But Breitbart really is a news organization that’s become quite successful, and it’s got readers and it does cover subjects that are on the right, but it covers subjects on...
  • Towards a More Constructive Engagement with China under a Trump Administration

    11/24/2016 7:45:12 AM PST · by Sean_Anthony · 4 replies
    Canada Free Press ^ | 11/24/16 | Joseph Klein
    Engaging with China need not be a zero sum game: Obama Administration’s Pointless Confrontation with China over the South China Sea Amidst concerns over how a Trump administration will interact with China, especially with respect to trade, China’s President Xi Jinping told President-elect Trump during their recent telephone conversation that “The facts prove that cooperation is the only correct choice for China and the United States.” According to a statement from President-elect Trump’s presidential transition office, “the leaders established a clear sense of mutual respect for one another, and President-elect Trump stated that he believes the two leaders will have...
  • Court Blocks Overtime Rule

    11/24/2016 2:14:40 AM PST · by Olog-hai · 3 replies
    Competitive Enterprise Institute ^ | November 23, 2016 | Trey Kovacs
    Labor Secretary Thomas Perez learned a harsh lesson this month. Public servants at federal agencies cannot allow their political preferences to guide their regulatory agenda. Rather, they must fulfill the mission of the agency as Congress intended. The folks over at the Department of Labor (DOL) do not seem to comprehend that. Once again, a court has issued an injunction against a DOL regulation. This time it was President Obama’s signature overtime rule, finalized on May 23, 2016, which would more than double the salary threshold for overtime eligible employees from $23,660 to $47,892. On November 22, 2016, Judge Amos...
  • Trump's Mexican wall a boon for Israeli security company

    11/23/2016 10:34:26 PM PST · by 2ndDivisionVet · 21 replies
    The Minneapolis Star-Tribune ^ | November 24, 2016 | Isaac Scharf, The Associated Press
    YEHUD, Israel — The Israeli company that has built high-tech fences along the country's volatile borders is now trying to build a bridge to the Trump administration — hoping to use its experience to cash in on the president-elect's plan to seal the border with Mexico. Magal Security Systems has been a major player in building high-tech fences and walls along Israel's volatile northern and southern borders, as well as the massive separation barrier that snakes along the frontier with the West Bank. Its products include cameras, sophisticated sensors, robots and software to operate the systems....
  • Trump's Victory Has Fearful Minorities Buying Up Guns (Science Fiction)

    11/23/2016 12:35:57 PM PST · by 2ndDivisionVet · 63 replies
    NBC News ^ | November 23, 2016 | Ben Popken
    After Donald Trump's win, Yolanda Scott is upgrading the crowbar she keeps in her purse to a small-caliber pistol. Scott, an African-American, is one of many minorities who have been flocking to gun stores to protect themselves, afraid Trump's victory will incite more hate crimes. "You feel that racists now feel like they can attack us just because the president is doing it," one gun shop owner told NBC News. Gun store owners told NBC News that since November 8 they're seeing up to four times as many black and minority customers — and black gun groups are reporting double...
  • Citing Trump, L.A. Council members announce policy to protect immigrant street vendors

    11/23/2016 11:10:46 AM PST · by 2ndDivisionVet · 40 replies
    The Los Angeles Times' L.A. Now ^ | November 23, 2016 | Cindy Carcamo
    A proposal to decriminalize sidewalk vending in Los Angeles is scheduled to be taken up next month, prompted by concerns that people who are in the country illegally and convicted of misdemeanors for street peddling could be deported when Donald Trump assumes the presidency. The plan, which has been in the works for more than a year, would remove criminal penalties for vending. In addition, the proposal would make it so that vendors seeking a permit would no longer be asked about their immigration or citizenship status. Council members Curren Price and Joe Buscaino announced the proposed policy, stating that...
  • Federal judge strikes down Obama’s massive mandatory overtime

    11/23/2016 10:07:56 AM PST · by Sean_Anthony · 1 replies
    Canada Free Press ^ | 11/23/16 | Dan Calabrese
    Time's running out. As much as it infuriated conservatives - as well as just people who care about the constitutional separation of powers - that Barack Obama governed so much by executive orders and administrative rulemaking in his second term, it does come with a gigantic silver lining: Anything Obama did by executive order, Donald Trump can now undo in the same way. Assuming Trump actually wants to, it will be much easier for him to defenestrate the administrative state than it will to push new legislation through Congress.
  • Mexican cement maker ready to help Trump build border wall

    11/23/2016 9:55:17 AM PST · by 2ndDivisionVet · 22 replies
    Reuters ^ | November 23, 2016 | Roberto Aguilar and Noe Torres
    A Mexican cement maker is ready to lend its services to U.S. President-elect Donald Trump to build the wall he wants to erect on the southern border of the United States to curb immigration. "We can't be choosy," Enrique Escalante, Chief Executive Officer of Grupo Cementos de Chihuahua (GCC) said in an interview. "We're an important producer in that area and we have to respect our clients on both sides of the border." Republican Trump campaigned vowing to build a "big, beautiful, powerful" wall across the 2,000 mile (3,200 km) frontier in order to stop illegal immigrants from Mexico, which...
  • Mark Levin: Populism, nationalism and Americanism

    11/23/2016 8:00:22 AM PST · by 198ml · 58 replies
    Conservative Review ^ | 11/23/16 | Mark Levin
    I would like to discuss something rather foundational. What do you think about this “new nationalism”? Do you think it's new? What does it mean? Does it mean putting America first? Does it, in fact, put America first? Has this new nationalism been tried before? It very much has. The phrase "new nationalism" was actually coined by Theodore Roosevelt in a speech he gave in Kansas on Sept. 1, 1910. In that speech, Theodore Roosevelt, a Republican, later to become a Progressive Party candidate, in essence denounced the Declaration of Independence, and embraced the new nationalism.
  • Thanksgiving Meal Drops to Lowest Level in 6 Years

    11/22/2016 9:32:49 PM PST · by 2ndDivisionVet · 12 replies
    Hoosier Ag Today ^ | November 20, 2016 | Andy Eubank
    Thanksgiving week is here, so let’s talk turkey, and the price of Thursday’s meal. Nationally the cost of a Thanksgiving dinner for 10 people this year is just under $50, according to the American Farm Bureau Federation’s annual survey. Hoosiers will pay even less than that and significantly less than a year ago. The national survey is made up of individual state surveys, and Indiana Farm Bureau’s annual Thanksgiving market basket survey is now at the lowest level since 2010. AFBF economist Dr. John Newton says the decline confirms the quality of the U.S. food supply. “I think this year’s...
  • Icahn: Question Isn't Why Would You For Vote Trump, It's Why Wouldn't You Vote For Trump?

    11/22/2016 8:06:58 PM PST · by 2ndDivisionVet · 6 replies
    Real Clear Politics ^ | November 22, 2016 | Tim Hains
    Billionaire investor and Trump supporter Carl Icahn speaks with Fox Business Network's Neil Cavuto about the president-elect's proposals to reduce regulations on business and the energy industry, why working people supported Donald Trump, and whether or not he would consider taking a role in the Trump administration. About Trump's appeal to working people, Icahn said: "The pundits all wonder what happened, but I think it was extremely simple... Think of a middle-class guy working out in the middle west. The real question is not why did he vote for [Trump], but why wouldn't he vote for him?" "I said to...
  • New York Times “Seems To” Utilize Professional Alinsky Rule – Division, Isolation...

    11/22/2016 4:35:04 PM PST · by markomalley · 11 replies
    Go back through the archives of this website to the first outlining of Donald Trump’s run for the White House and you’ll find a quote from us predicting Trump’s biggest weapon for victory being his broad-base of support(ers), us.Put another way, if you are in opposition to now President-Elect Trump, the target for your approach is to conquer by dividing that base of support(ers).Enter the Alinsky professional model with Trump’s visit and today’s New York Times  headline:  “Donald Trump Seems to Retreat on Some Promises“.
  • 2.1 million-member privileged class freaking out as Trump plans to make them like people with normal

    11/22/2016 2:17:21 PM PST · by Sean_Anthony · 27 replies
    Canada Free Press ^ | 11/22/16 | Dan Calabrese
    Federal employees face a long overdue reckoning Give this some thought: We are a nation based on a system of federalism, which means that largely sovereign states are united under a limited federal government that performs only certain essential functions - those enumerated in the Constitution - and leaves all functions not so enumerated to the states by law. That is the idea. So how did we get to the point where a federal government supposedly so limited has 2.1 million employees? And how did that group of federal employees become such a privileged class that they're almost impossible to...
  • Why Mexico’s Oil Reform Is A Huge Opportunity For Investors

    11/22/2016 8:19:41 AM PST · by bananaman22 · 17 replies
    Oilprice.com ^ | 22-11-2016 | Happy Taco
    When a massive country de-nationalizes its entire energy sector and opens its oil and gas doors for the first time ever to foreign companies, the opportunities are staggering. Welcome to the ‘new’ Mexico, and welcome to the early stages of an oil and gas game that will be bigger—from an investor’s perspective—than anything in history. Mexico’s move to implement historic energy reform legislation in December 2013, and follow-up legislation in 2014 that further solidified the comprehensive de-nationalization, provides an unprecedented opportunity for oil companies looking to tap into Mexico’s huge energy potential.