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Business/Economy (News/Activism)

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  • No Law, No Order: Making a federal case out of Ferguson

    08/22/2014 11:09:53 PM PDT · by 2ndDivisionVet · 5 replies
    The Weekly Standard ^ | The September 1, 2014 Issue | Christopher Caldwell, senior editor
    Ferguson, Mo. "I JUST SAW SOMEONE DIE OMFG,” wrote Emanuel Freeman, a teenage rap aficionado who lives in the Canfield Green housing project in Ferguson, Missouri. It was about noon on Saturday, August 9, when Michael Brown, a hulking 18-year-old recently graduated from a failing high school and 10 minutes removed from committing a strong-arm robbery, was shot dead by Ferguson policeman Darren Wilson in the street outside Freeman’s window. Freeman appears not to have seen the fusillade that killed Brown, and no uncontested account of it has emerged. But we can see from the tweets Freeman posted in the...
  • Ending ban on oil exports would mean cheaper gasoline, energy executive says

    08/22/2014 10:12:52 PM PDT · by ckilmer · 10 replies
    fuelfix.com ^ | August 22, 2014 at 7:51 pm | Vicki Vaughan
    Ending ban on oil exports would mean cheaper gasoline, energy executive says Posted on August 22, 2014 at 7:51 pm by Vicki Vaughan in Crude oil, Eagle Ford, Gasoline, LNG, Markets EmailPrint2 inShare (Jeff Pachoud/AFP/Getty) Should the government end its 40-year-old ban on exporting crude oil, the nation would enjoy benefits ranging from jobs to a decline in gasoline prices, an oil industry economist said in a talk this week in San Antonio.ConocoPhillips senior economist Helen Currie, citing a study by the energy consulting firm IHS Inc., said prices at the pump would fall by about 8 cents a gallon...
  • Puerto Ricans flock to US mainland as island crisis worsens

    08/22/2014 9:39:58 PM PDT · by Kartographer · 35 replies
    AFP via Yahoo News ^ | 8/22/14 | Diego Urdaneta
    The island of Puerto Rico is depopulating, as residents stream to the US mainland fleeing the island's economic crisis and political gridlock in search of jobs. Since 2009, more Puerto Ricans have been living pn the American mainland than on the northeastern Caribbean US-territory, a trend that has accelerated in the years since, according to census figures complied by the Washington-based Pew Hispanic Center. In 2012, some 4.9 million Puerto Ricans lived in one of the 50 US states or the US capital, while the island had a population of 3.5 million, according to the study out this week. Furthermore,...
  • Still Report #314 - Impeach Clinton - 10 - Chinese Coal

    08/22/2014 7:27:16 PM PDT · by Lorianne · 1 replies
    You Tube ^ | 14 August 2014 | Bill Still
    video 1:50
  • Lower Tax Rates > Targeted Tax Credits

    08/22/2014 3:05:12 PM PDT · by Kaslin · 3 replies
    Townhall.com ^ | August 22, 2014 | Daniel J. Mitchell
    Some folks on the right in Washington, generally known as reformicons (short for reform conservatives), want the Republican Party to de-emphasize marginal tax rate reductions and instead focus on providing tax relief to parents.There are many leaders in this movement and, if you want to learn more about the tax proposals being discussed, I specifically recommend the writings of Robert Stein, James Capretta, James Pethokoukis, Ramesh Ponnuru, Yuval Levin, Charles Blahous, Jason Fichtner, and Reihan Salam (and I’m sure I’m unintentionally leaving off many other worthy contributions).I explained last year what I like (and don’t like) about reform conservatism, but I...
  • Spain Robs the Pension System to Pay its Bills

    08/22/2014 2:19:52 PM PDT · by Kaslin · 23 replies
    Townhall.com ^ | August 22, 2014 | Mike Shedlock
    The "recovery" news in Spain keeps piling up. Via translation from El Economista, Government has already taken 37% of the total 'pensions piggy bank'. If extractions continue at the current rate, the fund would be exhausted in 4 years. The Government of Mariano Rajoy has released 24.65 billion euros of the Social Security Reserve Fund in less than two years. Such amount represents nearly 37% of the total 66.815 billion fund accumulation. That figure marks the highest cumulative piggy bank draw-down in history, following its commissioning in 2000 and after eleven years in which successive governments did not need to...
  • Poll: Hispanics, Blacks Call for Tighter Borders, Access to Illegals Jobs

    08/22/2014 2:02:59 PM PDT · by Olog-hai · 13 replies
    Cybercast News Service ^ | August 20, 2014 - 2:15 PM | Craig Bannister
    Strong majorities of both Hispanics and Blacks think the government should do more to secure the border and give job-hungry Americans the chance to do jobs currently taken by illegal aliens, a new national poll of likely voters shows. Fully 63% of Hispanics and 57% of Blacks say the government is not doing enough to enforce U.S. immigration laws, according to the survey by The Polling Company, Inc. Likewise, 78% of Whites and 74% of all respondents want tighter border security. Whats more, 71% of Blacks and 63% of Hispanics believe the government has a responsibility to protect job-hungry Americans...
  • EU exit could force Wall Street banks to desert Britain

    08/22/2014 1:51:28 PM PDT · by Berlin_Freeper · 10 replies
    telegraph.co.uk ^ | 18 Aug 2014 | Bill Gardner
    Wall Street banks could desert Britain if the country decides to leave the European Union, senior figures in the industry have reportedly said. Some major institutions are believed to be already drawing up plans to move activities abroad amid concerns that the UK is drifting further away from the EU. Most US and Asian banks currently run their main European operations from the UK, which gives them a passport to provide services across the EU. But if the UK left the European Union, it is believed to be unlikely foreign banks based in London would carry on receiving the same...
  • More Than A Thousand Stood Under Heat & Sun For Free Food In Miami

    08/22/2014 12:54:49 PM PDT · by SoFloFreeper · 67 replies
    CBS Miami ^ | 8/22/14
    More than a thousand locals lined up Friday morning for several hours under the scorching sun and heat in Miami for a box full of food. The event located at the Central Shopping Plaza at 3825 NW 7th Street started at 9:00 a.m.
  • EU ban on powerful vacuum cleaners prompts anger and legal challenge

    08/22/2014 12:27:08 PM PDT · by Olog-hai · 47 replies
    Manchester Guardian ^ | Thursday 21 August 2014 14.58 EDT | Rebecca Smith, consumer affairs correspondent
    Consumers are being urged to buy powerful vacuum cleaners while they can after it emerged that some of the most powerful models on the market will disappear in September when a new EU rule comes into force. An EU energy label, to be introduced from 1 September, means manufacturers will not be able to make or import vacuum cleaners with a motor that exceeds 1,600 watts.The Which? consumer group said many of its Best Buy models had motor sizes that exceeded this, so if youre in the market for a powerful vacuum, you should act quickly, before all of the...
  • Robots could murder us out of KINDNESS unless they are taught the value of human life

    08/22/2014 11:29:13 AM PDT · by dennisw · 54 replies
    DailyMail ^ | 8 22 14 | By Ellie Zolfagharifard
    The warning was made by Amsterdam-based engineer, Nell Watson Speaking at a conference in Sweden, she said robots could decide that the greatest compassion to humans as a race is to get rid of everyone Ms Watson said computer chips could soon have the same level of brain power as a bumblebee allowing them to analyse social situations 'Machines are going to be aware of the environments around them and, to a small extent, they're going to be aware of themselves,' she said Her comments follow tweets by Tesla-founder, Elon Musk, earlier this month who said AI could be...
  • Germany Is Telling Ukraine To Back Off Crushing Pro-Russian Rebels Or Else Putin Will Get Mad

    08/22/2014 10:10:56 AM PDT · by wetphoenix · 14 replies
    Business Insider ^ | NOAH BARKIN AND RICHARD BALMFORTH
    BERLIN/KIEV (Reuters) - After months of ratcheting up pressure on Vladimir Putin, concern is mounting in Berlin and other European capitals that an emboldened Ukraine's military successes in the east are reducing the chances of a face-saving way out of the crisis for the Russian leader. As a result, the focus of German-led diplomatic efforts has shifted, according to senior officials, towards urging restraint from Ukrainian President Petro Poroshenko and averting a humiliating defeat for pro-Russian rebels, a development that Berlin fears could elicit a strong response from Putin. Chancellor Angela Merkel's planned visit to Kiev on Saturday, her first...
  • Unemployed by ObamaCare (WSJ)

    08/22/2014 5:08:29 AM PDT · by Brad from Tennessee · 8 replies
    Wall Street Journal ^ | August 21, 2014
    Most of the political class seems to have decided that ObamaCare is working well enough, the opposition is fading, and the subsidies and regulation are settling in as the latest wing of the entitlement state. This flight from reality can't last forever, especially as the evidence continues to pile up that the law is harming the labor market. On Thursday the Federal Reserve Bank of Philadelphia reported the results of a special business survey on the Affordable Care Act and its influence on employment, compensation and benefits. Liberals claim ObamaCare is of little consequence to jobs, but the Philly Fed...
  • Vacuum Ban To Outlaw Most Powerful Cleaners

    08/22/2014 4:16:37 AM PDT · by Timber Rattler · 84 replies
    Sky News.com ^ | August 21, 2014 | Sky News
    A consumer group is predicting a rush for powerful vacuum cleaners as an EU ban on many best-performing products looms. Which? said that from September 1, companies will be unable to manufacture or import any vacuums with motors above 1,600 watts under rules designed to boost energy efficiency and tackle climate change.
  • Dick move: Erick Erickson wont admit he was wrong about Michael Brown

    08/22/2014 1:15:11 AM PDT · by ObamahatesPACoal · 47 replies
    Just a week after Michael Brown was shot before any concrete facts had emerged Erick Erickson placed blame squarely on then-unnamed Ferguson police officer Darren Wilson specifically, and a racist America, generally Must We Have a Dead White Kid? The facts that seem undisputed, and in these situations that is so rare, are that an unarmed eighteen year old named Michael Brown was walking in a street. An altercation occurred with a police officer. Undisputed is that the officer gave chase to Mr. Brown after the scuffle and shot Mr. Brown, at least once in the back.
  • ISIS' thirst for oil could lead to 'global catastrophe' if unchecked, experts say

    08/21/2014 6:53:42 PM PDT · by 2ndDivisionVet · 21 replies
    Fox News ^ | August 21, 2014 | Joshua Rhett Miller
    Islamic State's thirst for blood has the world on edge, but its equally insatiable yearning for oil could prove a "catastrophe" for the global economy if the terror organization isn't stopped, experts say. The jihadist group, formerly known as ISIS, now controls seven oil fields and two small refineries in northern Iraq, bringing in as much as $2 million per day by selling up to 40,000 barrels via middlemen in illicit deals. The black market oil sells for roughly $25 to $60 per barrel, compared to the current market rate of $102, according to Luay al-Khatteeb, founder and executive director...
  • Are we Ferguson?

    08/21/2014 5:59:57 PM PDT · by 2ndDivisionVet · 28 replies
    CNN Opinion ^ | August 21, 2014 | Professor John Inazu
    We all know the slogans meant to express empathy and solidarity: "We are Columbine." "We are all New Yorkers." "I am Trayvon Martin." The "We are Ferguson" messages have already begun, and we will likely see more. The well-intended connections seldom work. Most of us are not Columbine because most of us did not lose children in our community in a high school mass shooting. We are not all New Yorkers because only some of us experienced the aftermath of 9/11 at Ground Zero. I am not Trayvon Martin because I am not a black male. Are we Ferguson? That's...
  • Must-know: Tighter-than-expected oil supply in the future

    08/21/2014 4:09:40 PM PDT · by ckilmer · 17 replies
    marketrealist ^ | Aug 21, 2014 10:08 am EDT | Russ Koesterich, CFA
    Must-know: Tighter-than-expected oil supply in the future By Russ Koesterich, CFA - Disclosure • BlackRock  • Aug 21, 2014 10:08 am EDT First, here’s a quick look at my expectations for oil supply and demand. Currently, oil prices remain elevated because global demand has continued to climb, despite slower growth in China (FXI), and supply overall has been unexpectedly constrained by both geology and geopolitical unrest. Looking forward, oil supply is likely to remain constrained and oil demand is likely to continue to grow.Oil supply: There’s a good chance that future oil supply may be tighter than expected. Currently, oil prices...
  • The Medicare Money Pit of Waste, Fraud, and Abuse

    08/21/2014 3:41:42 PM PDT · by Kaslin · 3 replies
    Townhall.com ^ | August 21, 2014 | Daniel J. Mitchell
    Since I primarily work on fiscal policy, I normally look at the budgetary impact of entitlement programs. And the numbers are very grim.But I’m also an economist, so I periodically comment on how government intervention undermines the efficient functioning of markets in the healthcare field.Last but not least, I’m also a taxpayer, so I can’t resist occasionally expressing my frustration at how the government is a giant pinata of waste fraud and abuse. And government-run healthcare seems especially vulnerable.Huge amounts of money bilked from taxpayers for supposed counseling sessions financed by Medicare and Medicaid.Medicare getting scammed to pay for plastic surgery.Russian...
  • Without Real Job & Wage Growth, Fed Will Keep Rates at Zero

    08/21/2014 3:12:27 PM PDT · by Kaslin · 11 replies
    Townhall.com ^ | August 21, 2014 | Charles Payne
    The Fed released the minutes from its last gathering, and this report should move the market. The big question of the day is: what is the level of internal dissent from official policy and Chairman Yellen? Some market observers think that the Fed is ready to hike interest rates based on the last four times they reversed course. I actually see the exact opposite, as real unemployment (U6) is higher than those other times and inflation is officially at its second lowest point. Rate Hike Triggers U6 PCE Fed Funds Feb 4, 1994 11.4 3.19 2.4 March 25, 1997 9.1...
  • Joshua DuBois to unemployed African-Americans: Have you considered a career in poetry?

    08/21/2014 2:52:03 PM PDT · by ObamahatesPACoal · 22 replies
    Joshua DuBois is the author of The Presidents Devotional: The Daily Readings that Inspired President Obama and Stories of Faith in the White House. Dubois headed the Office of Faith Based and Neighborhood Partnerships during Obamas first term. And hes a buffoon Chris Matthews: What about the kid who begins to start thinking about his life in his mid-teensand hes thinking, where am I going in this world? (SNIP) Dubois: Im gonna say to him, tap into your inherent creativity and your inherent strengths. Cuz he may be a poet. He may express that poetry in terms of rap music....
  • Zimbabwe economy takes another dive

    08/21/2014 2:40:16 PM PDT · by george76 · 12 replies
    ap ^ | FARAI MUTSAKA
    Several million Zimbabweans left for South Africa and other countries during past economic turmoil. Now, a year after the re-election of longtime leader Robert Mugabe, the country is facing new financial hardships. Zimbabwe's unemployment rate is estimated at 80 percent, pushing many people try to earn a living as street traders.
  • Investors cheer: S&P 500 hits all-time high [again!]

    08/21/2014 2:28:12 PM PDT · by SeekAndFind · 11 replies
    CNN Money ^ | 08/21/2014 | Heather Long
    If you kept your money in the stock market this summer, you're likely feeling pretty smart now. The start of August was rough for stocks as the Russia-Ukraine standoff, the Israel-Gaza conflict and terrorist group activity in Iraq all flared again. While serious problems remain in each of these regions, their impact on the U.S. economy so far has been limited. A stock market bounce back is in full effect. On Thursday, the Dow closed above the 17,000 mark for the first time since July 24. Not to be outdone, the S&P 500 set a new all-time high of just...
  • Tourism tanks in Crimea under the Russian flag

    08/21/2014 12:13:37 PM PDT · by Tailgunner Joe · 7 replies
    AFP ^ | August 8, 2014
    Restaurant owner Galina Anchukova looks out across the seaside promenade in sunny Feodosia, with its straggle of strolling tourists, and sees a wasted financial opportunity. "The season is ruined, there is nobody here," she said. The first summer season in Crimea under the Russian flag has been a disappointment, local business owners complain, blaming fighting in eastern Ukraine for their troubles. The Crimean peninsula was once the pearl of Soviet vacation spots, with hotels and spas dotting towns along the Black Sea coast. Russia annexed the majority Russian-speaking region from Ukraine in March after a pro-Western government took power in...
  • Pelosis home city exempted from water restrictions imposed on rural farmers

    08/21/2014 11:34:08 AM PDT · by george76 · 33 replies
    Washington Times ^ | August 20, 2014 | Valerie Richardson
    The Endangered Species Act has wreaked havoc for decades on rural communities, but a newly filed lawsuit could force San Francisco urbanites like House Minority Leader Nancy Pelosi to share their pain. A federal complaint filed this week contends that the Hetch Hetchy Project, which supplies water to San Francisco and the Bay Area, has unfairly enjoyed an exemption from the severe cutbacks required in rural California in order to save endangered fish species. Craig Manson, who heads the Center for Environmental Science, Accuracy and Reliability (CESAR) in Fresno, said the lawsuit is aimed at addressing the double standard that...
  • Ferguson and the War on Black America

    08/21/2014 10:30:55 AM PDT · by 2ndDivisionVet · 38 replies
    The Progressive ^ | August 21, 2014 | Glen Ford, executive editor, Black Agenda Report
    The corporate media, reflecting their owners anxiety at the failure of Black people to revert to a state of passivity in Ferguson, Missouri, have arrived at a general consensus on two counts: the need to demilitarize the police (fewer bullets, smaller armored vehicles?) and, more immediately, to re-establish some semblance of calm (as in comatose) in the neighborhood and beyond. Corporate-attuned Black powerbrokers and politicians deliver essentially the same message, counseling (quiet) introspection and a search for solutions (diversions) to the historical oppression in which they are deeply complicit. But first, tensions must be reduced, to diffuse the confrontation ...
  • Labor Organizer Calls for Cops to Suffer in Ferguson

    08/21/2014 10:07:20 AM PDT · by 2ndDivisionVet · 21 replies
    The Washington Free Beacon ^ | August 21, 2014 | Staff
    A prominent Philadelphia union official said that police officers should suffer in the wake of the Ferguson riots. Stewart Acuff, organizing director of the National Union of Hospital and Healthcare Employees local 1199, says police should suffer in order to win justice for Mike Brown, the 18-year-old unarmed man shot dead in a small Missouri city. Stewart Acuff @stewartacuff The cops are pawns who should suffer for what they did. #TrayvonMartin #MikeBrown #EricGarner #inequality 9:53 AM - 18 Aug 2014 In addition to his current local organizing role, Acuff is a former organizing director for the AFL-CIO, according to the...
  • Microsofts Windows 9 Unveil Said To Be Coming September 30

    08/21/2014 9:54:03 AM PDT · by ConservingFreedom · 98 replies
    TechCrunch ^ | August 21, 2014 | Darrell Etherington
    Windows 9 has been leaked, and seems to show a backing away from the aggressively touch-focused Windows 8, with a mini start menu and dropping of the Charms bar, but well get a better look September 30, according to the Verge. The blog reports Microsoft is planning an official unveiling of whats next for its desktop OS for that date, with a technology preview available for early adopters following quickly after that. The upcoming Windows 9 release is codenamed Threshold, and expectations are that well see it arrive for the general public as a stable release sometime early next year....
  • WaPo Columnist Slams Opponents of Ferguson Looting: Think 'Personal Property Worth More Than Life'

    08/21/2014 9:25:22 AM PDT · by 2ndDivisionVet · 44 replies
    NewsBusters ^ | August 21, 2014 | Jeffrey Meyer
    Clinton Yates, Washington Post online columnist and commentator for Washington D.Cs WTOP radio station, decided to wade into the controversy in Ferguson by slamming those who oppose the looting and violence in the wake of Michael Browns death. On Thursday, August 21, during his My Take with Clinton Yates segment on WTOP, which is the main news radio station for the political class in Washington D.C., Yates insisted that someone who says looting is never acceptable is implicitly saying that personal property is worth more than life itself. Listen to MP3 audio here.] The Post columnist began his rant by...
  • Refracking brings 'vintage' oil and gas wells to life

    08/21/2014 9:24:35 AM PDT · by ckilmer · 26 replies
    samachar ^ | Aug 20, 2014,
    Refracking brings 'vintage' oil and gas wells to life Aug 20, 2014, 10.43AM IST (The development highlights…) HOUSTON/WILLISTON, NORTH DAKOTA: A fracking boom isn't enough for U.S. oil and gas producers - they're now starting the re-fracking boom.Wells sunk as little as three years ago are being fracked again, the latest innovation in the technology-driven shale oil revolution. Hydraulic fracturing, which has upended global energy markets by lifting U.S. crude oil output to a 25-year high, has been troubled by quick declines in oil and gas output. The development highlights how producers must constantly invest and tinker, both to...
  • Turn natural gas into gasoline for $1 per gallon

    08/21/2014 8:50:09 AM PDT · by ckilmer · 73 replies
    peakoil.com ^ | August 21, 2014
    Turn natural gas into gasoline for $1 per gallon The clear liquid flowing from a collection of pipes and wires in a Hayward industrial park smells just like gasoline, and for all practical purposes, it is.But it wasn’t made from crude oil. Instead, it came from natural gas, the fuel whose sudden abundance in America is reshaping the country’s energy landscape.Siluria Technologies says it can produce large quantities of gasoline, diesel, jet fuel and chemicals at a lower cost than traditional refineries and chemical plants. At today’s natural gas prices, Siluria’s technology could make gasoline at roughly $1 per gallon, according to...
  • Medtronic 1Q tops analysts' views, reaffirms Covidien bid

    08/21/2014 7:19:14 AM PDT · by TurboZamboni
    Pioneer Press ^ | 8-20-14 | Michael Calia
    Medtronic Inc. said Tuesday that it is "fully committed" to completing its deal to buy Covidien PLC, which has come under scrutiny over a controversial tax tactic that has drawn criticism from U.S. government officials. The Fridley-based company also posted fiscal first-quarter results that exceeded analysts' expectations as the medical-devices maker reaped strong revenue from its U.S. operations. "Our growth was broad-based across businesses and geographies," chairman and chief executive Omar Ishrak said in a news release. "I was especially pleased that our innovation pipeline is delivering strong results, particularly in the U.S., which had its highest revenue growth performance...
  • US Unemployment Claims Fall to 298K

    08/21/2014 7:00:58 AM PDT · by SeekAndFind · 42 replies
    Epoch Times ^ | 08/21/2014
    Fewer people applied for U.S. unemployment benefits last week, another sign the job market is improving. The Labor Department said Thursday that weekly claims for jobless aid fell 14,000 last week to a seasonally adjusted 298,000. The prior weeks figures were revised up slightly to 311,000. The less-volatile four-week average rose 4,750 to 300,750. It remains close to levels that predate the Great Recession of 2007-2009. Applications are a proxy for layoffs. Employers arent just keeping workers. Theyre hiring at a pace last seen during the tech boom. They added 209,000 jobs in July, the sixth straight month that job...
  • Treasury looks to stop 'corporate deserters' on its own

    08/21/2014 5:10:22 AM PDT · by W. · 26 replies
    The Washington Examiner ^ | August 21, 2014 | Joseph Lawler
    President Obama doesn't have the authority to simply stop the companies he calls corporate deserters from taking up legal residency in low-tax countries. The Obama administration began examining its ability to take executive action to address corporate inversions without Congress because it lacks the support of Republicans. "Unless the U.S. corporate tax rate is reduced to 10 percent or less," Harvey told the Examiner, "it will still be beneficial for U.S. [multinational corporations] to invert."
  • Property Tax Corruption: Taxation without Representation in contemporary American government

    08/21/2014 4:54:59 AM PDT · by SeekAndFind · 7 replies
    American Thinker ^ | 08/21/2014 | Michael Bargo, Jr.
    If anything approaches “taxation without representation” in contemporary American government, it is property taxation.  This is because as a practical matter voters – as property owners – have no say in the amount of property taxation they endure.Harold Lasswell, a prominent U. of Chicago political science professor, once said that the country is made up of two groups: the political elites and the masses.  The exploitation of the masses is now being achieved through property taxation. Since political elites have, in most counties, complete control over issues of assessments and property taxes, they have the opportunity to exploit this power...
  • Hostess Twinkie factory near Chicago closing [400 Jobs Lost, Obama Goes Golfing]

    08/21/2014 4:38:48 AM PDT · by SoFloFreeper · 31 replies
    CNBC ^ | 8/20/14
    The Schiller Park, Ill., bakery, where Twinkies were invented in 1930, will close according to an announcement by Hostess Brands on Wednesday....
  • Russia Shuts Moscow McDonald's Restaurants

    08/20/2014 10:09:48 AM PDT · by McGruff · 25 replies
    Sky News ^ | 8/20/2014
    Russia's food safety watchdog has suspended operations at four McDonald's restaurants in Moscow over alleged sanitary law breaches.
  • Dying town centers seek the miracle cure (Germany)

    08/21/2014 1:34:28 AM PDT · by Olog-hai · 7 replies
    TheLocal.de ^ | 20 Aug 2014 15:50 GMT+02:00 | Tomas Urbina
    Home to two thirds of Germanys population, many of its small cities and towns are struggling to revive their declining centers. [] Big box stores on their outskirts, online shops and the proximity of larger, better serviced cities have all eaten away at the share of the retail market available to businesses that once thrived in smaller towns, says the expert in trade and retail at Niederrhein University. In Delmenhorst, its a perfect storm. The retiree Bieler has watched big retail chains like Kik and Kaufland set up and thrive on the outskirts. And hes seen how people gravitated more...
  • Wasserman Schultz visits Hobby Lobby store - to urge a boycott

    08/20/2014 10:25:31 PM PDT · by ConservativeStatement · 29 replies
    South Florida Sun-Sentinel ^ | August 20, 2014 | Anthony Man
    Congresswoman Debbie Wasserman Schultz of Weston, the chairwoman of the Democratic National Committee, stopped at a Hobby Lobby store in her district on Wednesday not to pick up some craft supplies for one of her kids school projects, but to alert people to the stores existence and urge people not to shop there. I want people to know that this Hobby Lobby is here and they should vote with their purses and their pocketbooks, and women should not shop here. If you didnt know this Hobby Lobby was here before, know it now and dont shop here. They dont...
  • Report: EPA Exceeds Its Authority With Proposed Rules

    08/20/2014 8:15:56 PM PDT · by Tolerance Sucks Rocks · 11 replies
    The Daily Caller ^ | August 19, 2014 | Peter Fricke
    Congress should use the appropriations process to reassert its authority over the Environmental Protection Agency, according to a Heritage Foundation issue brief released Tuesday.The report, written by scholar Daren Bakst, identifies three issues on which the EPA has proposed rules and regulations that exceed its authority. In all three cases, Bakst recommends that Congress prohibit the agency from using its funding to implement the proposals. (RELATED: EPA Overrides Congress, Hands Over Town to Indian Tribes)According to the report, “the EPA is using the regulatory process to require greenhouse gas emission reductions even as Congress has been unwilling to take such...
  • 57 Percent of Americans Say Only Kids Who Win Should Get Trophies

    08/20/2014 5:51:15 PM PDT · by TigerClaws · 50 replies
    The latest Reason-Rupe poll finds that when it comes to kids and their trophies, 57 percent of Americans think only the winning players should receive them. Another 40 percent say all kids on a sport team should receive a trophy for their participation. The desire for every kid to get a trophy strongly correlates with political beliefs. Fully 66 percent of Republicans want only the kids who win to receive trophies, while 31 percent say all kids on the team should receive them. In contrast, Democrats are evenly divided with 48 percent who say all kids, and another 48 percent...
  • Truth and Justice Needed in Ferguson, MO [Nightly LIVE RIOT thread]

    08/20/2014 5:08:32 PM PDT · by 2ndDivisionVet · 180 replies
    The following statement was released by Keith Kelleher, president of SEIU Healthcare Illinois, Indiana, Missouri & Kansas, in response to the shooting of Ferguson, MO, resident Michael Brown and the unrest that is occurring there:The aftermath of the tragic shooting of Michael Brown in Ferguson, Missouri, reveals the urgent need for justice to prevail in order to bring a level of calm back to the community. The initial lack of information coming from the Ferguson Police Department and its militarized response to protesters has clearly erased any faith in local authorities to uncover the truth. To that end, the members...
  • Casino workers turn to prayer to save their jobs (Atlantic City)

    08/20/2014 5:15:24 PM PDT · by Olog-hai · 15 replies
    Associated Press ^ | Aug 20, 2014 8:03 PM EDT | Wayne Parry
    Theyve turned to politicians, bureaucrats, businessmen and union reps to try to save their jobs at three Atlantic City casinos scheduled to close soon. Now, hundreds of soon-to-be unemployed dealers, cocktail servers and hotel workers are turning to what many say could be their last, best chance. Were praying for God to open new doors to them, said Rev Eric McCoy, president of the Atlantic City Fellowship of Churches. Clergy members and the main casino workers union organized a rally and prayer service Wednesday night for the nearly 8,000 workers who will be jobless when Revel, the Showboat and Trump...
  • AFSCME Stands in Solidarity with Ferguson Community

    08/20/2014 4:36:13 PM PDT · by 2ndDivisionVet · 11 replies
    AFSCME Pres. Lee Saunders issued the following statement in regards to the situation in Ferguson, Missouri: The thoughts and prayers of our union, AFSCME, are with the family of Michael Brown. As parents, as community members, and as members of a union that works each day for economic and social justice, our hearts go out to them. Our union stands in solidarity with the entire Ferguson community. And we stand with our labor and faith allies to urge a peaceful resolution to this tragic situation.
  • Newt Gingrich : 2014-08-21 : President Obama's Golf: The Real Problem

    08/20/2014 4:04:25 PM PDT · by Patton@Bastogne · 24 replies
    Newt Gingrich ^ | 2014-08-21 | Newt Gingrich
    . August 21, 2014 Newt Gingrich : President Obama's Golf: The Real Problem ===================================================== A lot of people have commented on and made fun of the frequency of President Obamas golfing. The more I watched President Obama, however, the more I concluded the problem was what was not happening between golf rounds. Two earlier presidents, Eisenhower and Reagan, golfed frequently but their presidencies were stunningly successful. The difference seemed to be that Eisenhower and Reagan were really effective when they weren't golfing. President Eisenhower was a very serious golfer who had been a varsity football player at West Point. Eisenhower...
  • Daily Beast Notes Asian-Owned Businesses Bearing Brunt of Looting in Ferguson

    08/20/2014 3:23:31 PM PDT · by 2ndDivisionVet · 85 replies
    NewsBusters ^ | August 20, 2014 | Ken Shepherd
    Here's a somewhat racial angle to the Ferguson, Mo., saga that you probably won't see MSNBC pick up on. The Daily Beast's Tim Mak today reported on "Ferguson's Other Race Problem: Riots Damaged Asian-Owned Stores." "Asian-Americans own a number of the stores lining West Florissant Avenue, where more than 20 businesses have suffered damage in the wake of Michael Browns killing," Mak noted, adding that "At least five of these stores are Asian-American-owned, according to local sources and business records. Just 0.5 percent of Ferguson is of Asian descent, according to 2010 U.S. Census data." While he made clear that...
  • How Ferguson Highlights the Dangers of For-Profit Policing

    08/20/2014 2:48:12 PM PDT · by nickcarraway · 30 replies
    Slate ^ | 8/18 | Jordan Weissmann
    Jeff Smith, a New School professor and former Missouri state senator, had a sensational op-ed in this weekends New York Times that dived into the economic forces that have helped shape the strife in Ferguson. His big point is that the local police have a strong financial incentive to arrest, ticket, and otherwise harass the citys black residents for minor offenses, because thats how the department funds its budget. How so? From Smith: St. Louis County contains 90 municipalities, most with their own city hall and police force. Many rely on revenue generated from traffic tickets and related fines. According...
  • MEC campaigns against new EPA regulations

    08/20/2014 2:34:35 PM PDT · by Oldeconomybuyer · 1 replies
    Mohave Valley News ^ | August 20, 2014 | By NEIL YOUNG
    BULLHEAD CITY Theres no logic to proposed new regulations on coal-fired power plants by the federal Environmental Protection Agency, said Tyler Carlson, Mohave Electric Cooperative chief executive officer. Carlson spoke at the Bullhead Area Chamber of Commerce monthly luncheon, held at Mohave Community College. MEC is not against clean air, Carlson said. What were concerned about is the over-reach, the over-reaction, what were worried about is having rules and regulations that arent reasonable, that arent rational and that actually have collateral damage to them. The rules changes would shut down coal production in Arizona, driving up the cost of...
  • Leonardo DiCaprio fights 'carbon monster' in new eco-documentary

    08/20/2014 2:25:18 PM PDT · by Oldeconomybuyer · 60 replies
    Today ^ | August 20, 2014 | by Erin Quinlan
    Seems the Wolf of Wall Street has a few economic ideas for halting climate change. In a new documentary called Carbon, released online Wednesday, narrator Leonardo DiCaprio contends that trillions of dollars worth of fossil fuels are awaiting commercial extraction from the ground and that if we burn them, our planet is toast. Clocking in at under nine minutes, the short doesn't mince words: DiCaprio and climate scientists argue that coal, natural gas and other carbon-based forms of energy are a "monster" that has created catastrophic surges in the earths surface temperature. In response, some lawmakers around the world...
  • Idiot's Guide to Austrian Economics

    08/20/2014 1:14:38 PM PDT · by Kaslin · 7 replies
    Townhall.com ^ | August 20, 2014 | Mike Shedlock
    Congratulations go to Forbes columnist John Tamny and editor of Real Clear Markets for producing the "Idiot's Guide to Austrian Economics'. Ironically, that is not exactly what Tamny set out to do. The actual title of Tamny's article is "The Closing Of The Austrian School's Economic Mind". Point by Point Look Tamny: "Its well known that some Austrians have a major problem with 'fractional reserve banking' whereby banks pay for liabilities (deposits) by virtue of turning those liabilities into assets (interest paying loans). Instead, they borrow money from depositors seeking a return on their savings, and who dont need access...