Business/Economy (News/Activism)

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  • Bridge commission moving forward on new headquarters in Lower Makefield

    12/17/2017 7:53:56 PM PST · by Tolerance Sucks Rocks · 1 replies
    The Bucks County Courier Times ^ | December 14, 2017 | Chris English
    The Delaware River Joint Toll Bridge Commission has taken another step toward its planned new headquarters in Lower Makefield. Commission officials recently awarded a contract not to exceed $529,869 to Joseph Jingoli & Son of Lawrence Township, New Jersey, to serve as construction manager on the project. The new 37,000-square foot, two-story commission headquarters building will be constructed at the 10-acre park-and-ride just off Interstate 95 the commission bought from Lower Makefield last year for $800,000. Officials from the DRJTBC hope to award bids for the new building early next year and have it open by the summer of 2019....
  • The End of China Inc?

    12/17/2017 7:20:31 PM PST · by entropy12 · 18 replies
    Al Jazeera ^ | Sep 16, 2016 | Unknown
    There's a magic formula to becoming a millionaire in China - borrow big to earn big. For years, individuals, state-owned companies and municipalities have taken massive loans
  • Trump's Regulatory Rollback: Not 2 to 1, but 22 to 1!

    12/17/2017 5:48:52 PM PST · by WisconsinRep · 14 replies
    The New American ^ | 17 December 2017 | Bob Adelmann
    In his first 11 months in office, President Donald Trump is keeping another of his campaign promises: reducing regulations so that the economy can breathe again. Speaking in the Roosevelt Room — an irony that may have been intended — Trump summarized brilliantly exactly how the greatest economic miracle in history got bogged down: Congress has abandoned much of its responsibility to legislate [see Article I, Section I of the U.S. Constitution: “All legislative powers herein granted shall be vested in a Congress of the United States”], and has instead given unelected regulators ... extraordinary power to control the lives...
  • Power outage at Atlanta airport causes 'pandemonium,' grounds flights

    12/17/2017 2:43:30 PM PST · by metmom · 145 replies
    FoxNews ^ | Dec 17,2017 | Alexandra Deabler, Nicole Darrah
    A complete power outage at the nation’s busiest airport, the Hartsfield-Jackson Atlanta International Airport, grounded flights Sunday afternoon, threatening to cause a holiday travel nightmare for fliers across the country just over a week before Christmas. Airport officials said in a news release the power outage has forced the Federal Aviation Administration to suspend outgoing flights and implement a "ground stop" for incoming flights, which "means that flights headed to Atlanta are held on the ground at their departure airport." International flights will be diverted to land at other airports, U.S. Customs and Border Protection tweeted. Atlanta Airport tweeted that...
  • Green Tyranny: Exposing the Totalitarian Roots of the Climate Industrial Complex

    12/17/2017 2:38:43 PM PST · by iowamark · 18 replies
    Heritage Foundation ^ | 11/28/17 | Rupert Darwall
    Rupert Darwall is a strategy consultant and policy analyst. He read economics and history at Cambridge University and subsequently worked in finance as an investment analyst and in corporate finance before becoming a special adviser to the Chancellor of the Exchequer. He has written extensively for publications on both sides of the Atlantic, including the Wall Street Journal, National Review, the Daily Telegraph and The Spectator and is the author of the widely praised "The Age of Global Warming: A History" (2013). Climate change was political long before Al Gore first started talking about it. In Green Tyranny, Rupert Darwall...
  • Just Say ‘Yes’ to Prosperity

    12/17/2017 1:27:17 PM PST · by Oshkalaboomboom · 9 replies
    National Review ^ | Dec 17, 2017 | Kevin D. Williamson
    The more squared-away among us have been doing their Christmas shopping for a while. People like me are getting started. It’s fashionable to dislike shopping. Men of course aren’t supposed to enjoy shopping, because shopping is a stereotypically female thing, and we men are weirdly delicate in the face of such threats. But many women say they dislike shopping, too: It’s a hassle, it’s stressful, and taking pleasure in the mere exercise of consumption strikes many as suggestive of shallowness. It’s a fine argument, but I don’t buy it. Ayn Rand loved architects, or at least the idea of an...
  • McCain returns to Arizona, won't vote on GOP tax bill: report

    12/17/2017 12:39:33 PM PST · by jazusamo · 64 replies
    The Hill ^ | December 17, 2017 | Jacgueline Thomsen
    Meghan's tweet at link. Sen. John McCain (R-Ariz.) is returning to Arizona and will miss the final vote on his party’s tax bill this week, CBS News reported Sunday. McCain, who has been hospitalized at Walter Reed Medical Center suffering from the side effects of his treatment for brain cancer, reportedly left Washington, D.C., on Sunday to return home for the holidays. This means he will not be in D.C. for the GOP tax bill vote, which is expected to take place early in the week. Republicans have won over two key votes for the measure, meaning they should still...
  • 'Star Wars: The Last Jedi' Delivers Second Largest Opening Ever

    12/17/2017 11:07:21 AM PST · by SMGFan · 68 replies
    Box Office Mojo ^ | December 17. 2017
    Star Wars: The Last Jedi delivered on expectations, debuting with the second largest opening weekend of all-time and propelling the box office to the third largest weekend ever based on estimates. In an attempt at counter-programming, Fox's Ferdinand got off to a bit of a slow start against the might of Star Wars as well as the continued strong performance of Pixar's Coco as it fell below Mojo's expectations, though the studio is optimistic when it comes to the film's future. With an estimated $220 million, Star Wars: The Last Jedi delivered the second largest opening weekend ever behind only...
  • Trump's Christmas Gift to the Middle Class

    12/17/2017 9:10:30 AM PST · by Oshkalaboomboom · 14 replies ^ | Dec 16, 2017 | Timothy Meads
    President Donald J. Trump announced his Christmas gift to middle class on Saturday – the GOP tax reform bill that is expected to pass on Tuesday. Late Friday night, the GOP announced their final version of the bill. More Townhall coverage on the specifics in the bill will come tomorrow and on Monday. But for now, it is important to note that this massive tax bill will be the largest reform in nearly thirty years. Guy has already covered how this bill drastically benefits the middle class, despite liberals’ and the media’s panicked predictions about it. "The data proves that...
  • Bernie Sanders concedes defeat on tax reform: 'We did everything that we could'

    12/17/2017 8:49:08 AM PST · by Oshkalaboomboom · 41 replies
    Washington Examiner ^ | Dec 17, 2017 | Kyle Feldscher
    Vermont Sen. Bernie Sanders said opponents of the Republican tax reform plan did all they could to stop it and essentially conceded defeat before a vote scheduled for Tuesday. Sanders said on CBS’ “Face The Nation” there were too many forces opposing Democrats that they could not overcome. “We did everything that we could. But at the end of the day what you had is people like [Treasury Secretary Steven] Mnuchin, who is worth $300 to 400 million; the president of the United States, who is worth several billion dollars, as you mentioned; from four or five thousand lobbyists doing...
  • How One ICO is Giving Music Artists their Autonomy Back – Potentiam

    12/17/2017 3:33:47 AM PST · by Logicbox · 9 replies
    Mycryptopedia ^ | December 11, 2017 | Bisola Asolo
    Potentiam is a decentralized & incentivized music platform that aims to bring music creatives into direct contact with their target market. Through the Potentiam platform, creatives can fund and promote themselves without the need to rely on middlemen. Through Potentiam tokens (PTM), there becomes an economic incentive for new users to stay and use the platform. This translates into a much stronger community that artists can then leverage in-order to promote and fund themselves. Creators can also crowdfund on the Potentiam platform through what are known as “Decryption tokens”. These tokens are exchanged for raising project funds which are then...
  • Next on Virginia’s extensive toll-road system: Interstate 395

    12/17/2017 1:15:37 AM PST · by Tolerance Sucks Rocks · 16 replies
    The Washington Post ^ | November 25, 2017 | Luz Lazo
    T he expansion of Virginia’s extensive system of high­-occupancy toll (HOT) lanes is shifting to Interstate 395. Construction is set to take off before the end of the year along an eight-mile stretch of Interstate 395, where today’s high-occupancy vehicle (HOV) lanes are being converted into toll lanes. The $480 million project will deliver the next major milestone in the state’s vision to create a network of more than 90 miles of HOT lanes in Northern Virginia by 2022. About 45 miles of express lanes have opened on Interstates 495 and 95 within the past five years, and the state...
  • Ukraine's anti-corruption agency faces strong resistance

    KIEV, Ukraine - (AP) -- An anti-corruption agency established in Ukraine two years ago was expected to be the driving force that would uproot the endemic graft that depleted the nation's resources and worried its Western allies. But the National Anti-Corruption Bureau of Ukraine instead has come under fire from allies of President Petro Poroshenko who are trying to curtail its operations and authority. NABU chief Artem Sytnik told The Associated Press in a weekend interview that fear is behind the recent attempts by political and business elites to weaken the agency that was supposed to be a visible symbol...
  • Culture Wars: Our Fading Hope

    12/16/2017 11:52:37 PM PST · by Oshkalaboomboom · 19 replies
    American Thinker ^ | Dec 17, 2017 | Don Fisher, Jr.
    It is a period of civil war. Liberal filmmakers and lawmakers, striking from their elitist enclaves, have won their first victories against the forces of decency and godliness. During the battles, liberal spies managed to infiltrate the highest echelons of government, media, and the arts, securing an obscene ruling that same-sex couples may marry. Their goal is to destroy an entire civilization under their perverted view of fairness. Pursued by the truth, liberal directors and actors race to the screen to indoctrinate audiences into this twisted notion and aid in further enslaving the masses of the planet into their mistaken...
  • What the reducing the SALT deduction means for your wallet

    12/16/2017 11:00:35 PM PST · by Oshkalaboomboom · 87 replies
    NY Post ^ | Dec 16, 2017 | Jonathon Trugman
    With all the horse trading over the tax plan, the politicians and the president’s advisers are missing a key economic point. Most politicians and economists talk profusely about the so-called “middle-class,” but the fact is, in America, where states are free to tax whatever they can get away with, your ZIP code may be far more determinant of your economic level than your salary. That point is completely lost on pretty much everybody writing the tax code. You see, what’s middle class in Topeka isn’t middle class in Queens or Hoboken. If the tax bill passes with the low SALT...
  • The competitor of Mitsubishi Pajero Sport from Nissan is declassified

    12/16/2017 10:59:14 PM PST · by NorseViking · 4 replies
    In the Network there were photos Nissan Terra, the frame SUV created on the basis of the Navara pickup. Mitsubishis Pajero Sport and Toyota Fortuner will become his main competitors. Photos of the car appeared on the Chinese social network, and then crept away on the Internet. The author of a post claims that in pictures the production version of the SUV removed for the state certification in Celestial Empire. The SUV will receive the name Terra: its Nissan registered this year in Malaysia, but till today was considered that it is reserved for the electric crossover on the basis...
  • Too early to call the winners and losers of major corporate tax cut

    12/16/2017 10:35:50 PM PST · by Oshkalaboomboom · 6 replies
    The Hill ^ | Dec 16, 2017 | Brian Peccarelli
    It’s hard to overemphasize the significance of the Republican proposal to cut the corporate tax rate to 21 percent. At an estimated cost of $1 trillion, it’s the headline and most expensive measure in the entire tax reform package. It is also the one piece of the tax reform legislation that the left and right agree would produce benefits for its intended audience: big businesses. For advocates of tax cuts, the predictions for growth have been dramatic. The White House Council of Economic Advisers has estimated that the House version of the cut, together with the introduction of immediate expensing...
  • Kaluga (Russia) began building of Mitsubishi Pajero Sport SUVs

    12/16/2017 10:23:09 PM PST · by NorseViking · 2 replies
    Today at PCMA plant (Peugeot Citroen Mitsubishi Automotive) in the village of Rosva near Kaluga has started the production of on-frame Mitsubishi Pajero Sport SUVs. The start was late a little: originally release of Russian Sport was planned for November. However, this model for the Kaluga plant is not absolutely new. Previous generation Mitsubishi Pajero Sport SUVs were assembled from 2013 to 2016 here, however with an coming of the SUV of present, third generation the company switched to direct import from Thailand again. And at first to us were delivered only petrol Sports, and diesel SUVs appeared in Mitsubishi...
  • Whirlpool Has Trapped Washington in a Spin Cycle

    12/16/2017 10:10:53 PM PST · by Oshkalaboomboom · 18 replies
    National Review ^ | Dec 16, 2017 | George Will
    <p>A household appliance will be the next stepping stone on America’s path to restored greatness. The government is poised to punish many Americans, in the name of protecting a few of them, because, in the government’s opinion, too many of them are choosing to buy foreign-made washing machines for no better reason than that the buyers think they are better. If you are wondering why the government is squandering its dwindling prestige by having opinions about such things, you have not been paying attention to Whirlpool’s demonstration that it is more adept at manipulating Washington than it is at making washing machines.</p>
  • Lawmakers zero in on next target in fight against high drug prices

    12/16/2017 9:57:30 PM PST · by Oshkalaboomboom · 14 replies
    Washington Examiner ^ | Dec 17, 2017 | Robert King
    Both Republican and Democratic senators have criticized moves by drug makers to extend the life of their monopolies on sales. But action on high drug prices, a major concern for consumers, has been so far negligible in this Congress. Senators on the Senate Health, Education, Labor, and Pensions Committee complained during a hearing earlier this week about drug makers that game the system. There was also criticism from Democrats about President Trump’s pick to lead Health and Human Services: Alex Azar, who led the U.S. division of Eli Lilly, a pharmaceutical company. Drug makers have used a technique called evergreening...