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Business/Economy (News/Activism)

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  • An Internet Giveaway to the U.N.

    08/28/2016 7:26:19 PM PDT · by Red Badger · 18 replies
    http://www.wsj.com ^ | Aug. 28, 2016 | By L. GORDON CROVITZ
    If the U.S. abdicates internet stewardship, the United Nations might take control. When the Obama administration announced its plan to give up U.S. protection of the internet, it promised the United Nations would never take control. But because of the administration’s naiveté or arrogance, U.N. control is the likely result if the U.S. gives up internet stewardship as planned at midnight on Sept. 30. On Friday Americans for Limited Government received a response to its Freedom of Information Act request for “all records relating to legal and policy analysis . . . concerning antitrust issues for the Internet Corporation for...
  • Revealed: ECB Secretly Hands Cash to Select Corporations

    08/28/2016 3:59:44 PM PDT · by Lorianne · 6 replies
    Wolf Street ^ | 22 August 2016 | Don Quijones
    In June, the ECB began buying the bonds of some of the most powerful companies in Europe as well as the European subsidiaries of foreign multinationals. This pushed the average yield on euro investment-grade corporate debt to 0.65%. Large quantities of highly rated corporate debt with shorter maturities are trading at negative yields, where brainwashed investors engage in the absurdity of paying for the privilege of lending money to corporations. By August 12, the ECB had handed out over €16 billion in freshly printed money in exchange for corporate bonds. Throughout, the public was given to understand that the ECB...
  • The real casualty of Brexit: reputations of economists who predicted doom

    08/28/2016 3:52:50 PM PDT · by Lorianne · 12 replies
    Market Watch ^ | 27 August 2016 | Matthew Lynn
    <p>Did you hear the one about the economist who drove into a swimming pool and broke his neck? He forgot to seasonally adjust. Have you seen the version of Trivial Pursuit designed by an economist? It has 3,000 questions and 10,000 answers.</p>
  • Comradely capitalism: How America accidentally nationalised its mortgage market

    08/28/2016 3:48:08 PM PDT · by Lorianne · 10 replies
    Economist ^ | 20 August 2016
    <p>THE most dramatic moment of the global financial crisis of the late 2000s was the collapse of Lehman Brothers on September 15th 2008. The point at which the drama became inevitable, though—the crossroads on the way to Thebes—came two years earlier, in the summer of 2006. That August house prices in America, which had been rising almost without interruption for as long as anyone could remember, began to fall—a fall that went on for 31 months (see chart 1). In early 2007 mortgage defaults spiked and a mounting panic gripped Wall Street. The money markets dried up as banks became too scared to lend to each other. The lenders with the largest losses and smallest capital buffers began to topple. Thebes fell to the plague.</p>
  • Fed’s Jackson Hole Circus

    08/28/2016 3:22:45 PM PDT · by Lorianne
    Barron's ^ | 27 August 2016 | Randall W Forsythe
    The Fed has fueled the populism that has thrown this year’s U.S. elections into an unprecedented tizzy, the Journal wrote in more considered terms in a page-one feature on Friday. While the central bank dealt forcefully with the 2007-08 financial crisis, it failed to anticipate it and subsequently failed to bring about a recovery worthy of the name. What it has accomplished is a massive inflation, not of consumer prices—as officially measured, at least—but of asset prices. Friday, almost six years to the day, marked the anniversary of former Fed Chairman Ben Bernanke’s address to the Jackson Hole confab, at...
  • Jim Rogers Explains What He Is Doing Before "The Next Time The World Comes To An End"

    08/28/2016 3:16:28 PM PDT · by Lorianne · 5 replies
    Zero Hedge ^ | 27 August 2016 | Tyler Durden
    The investing legend, who doesn’t belong to any economic school of thought, also touches on China and reminds RealVision subscribers that “Beijing has said we're going to let people go bankrupt, which I hope they do.” He then emphasized, “they don't do that in the West. The communist Chinese are going to let people go bankrupt, because they're good capitalists.” China has amassed debt and will not be able to help countries as they did the last time the world fell apart in 2008. “The next time the world comes to an end it’s going to be a bigger shock...
  • Freedom Bridge in Santa Clara faces demolition despite bicyclists' protests

    08/28/2016 3:09:00 PM PDT · by ProtectOurFreedom · 11 replies
    San Jose Mercury News ^ | 8/27/16 | Scott Herhold
    <p>A couple of long blocks north of Highway 101, bicyclists whiz up and down the San Tomas Aquino Creek Trail, one of the best bicycle paths in the valley. At the property of tech giant Intel, a few of them cross to the east side of the creek on a wooden bridge called "The Freedom Bridge."</p>
  • Big Tech loves Hillary Clinton – receives $30.7 million from Silicon Valley

    08/28/2016 2:51:55 PM PDT · by Lorianne · 8 replies
    Economic Collapse News ^ | 23 August 2016 | Andrew Moran
    Silicon Valley certainly loves Hillary Clinton. And why wouldn’t it? They can get all of the government contracts, special privileges and any other cronyist idea you can think of. According to the latest numbers from the Wall Street Journal, donations from Big Tech total $30.7 million through June 2016. With so many tech executives hosting political fundraisers for Clinton, that number will likely skyrocket in the coming months ahead of the November election.
  • Citigroup warns a Donald Trump victory will cause global recession

    08/28/2016 2:45:09 PM PDT · by Lorianne · 83 replies
    Economic Collapse News ^ | 26 August 2016 | Andrew Moran
    If Republican nominee and real estate billionaire mogul Donald Trump pulls out an impossible victory against Hillary Clinton in November then prepare yourself for a global recession. This is the latest warning from Citigroup. The financial institution believes that markets would enter into chaos and the global economy would collapse because of policy uncertainty. Here is what Citi Chief Economist Willem Buiter opines (courtesy of Bloomberg): “A Trump victory in particular could prolong and perhaps exacerbate policy uncertainty and deliver a shock (though perhaps short-lived) to financial markets. Tightening financial conditions and further rises in uncertainty could trigger a significant...
  • ESPN Loon Blames Trump for Kaepernick Not Standing for National Anthem

    08/28/2016 11:06:20 AM PDT · by Hojczyk · 37 replies
    Gateway Pundit ^ | August 28,2016 | Aleister
    Does everyone remember when ESPN was a sports network and not a left-wing social justice warrior network? In the video below, one ESPN commentator asks another about the Kaepernick controversy of this weekend when the player refused to stand for the national anthem. The second commentator immediately cites Donald Trump and his proposed temporary ban on Muslims from countries that sponsor terrorism as the reason. Then he even mentions Ferguson and the Black Lives Matter movement. Unreal! What does ANY of that have to do with this? Watch the video and turn it all the way up because the audio...
  • Why Isn’t the Economy the Issue?

    08/28/2016 10:51:40 AM PDT · by RightGeek · 12 replies
    PowerLine ^ | 8/27/2016 | John Hinderaker
    At the New York Post, Carl Campanile and Danika Fears make a good point: “Hillary, Trump too busy insulting each other to focus on Obama’s weak economy.” Hillary Clinton and Donald Trump are too busy trading barbs on hot-button topics like race and immigration to discuss the economy, which has slowed to a crawl under President Obama’s watch.“The numbers are bad. There should be a concern about the weakness in the economy,” said Douglas Holtz-Eakin, a former ­director of the Congressional Budget Office.“I would have thought that the economy would be at the center of the presidential campaign. Instead we’re...
  • This wealthy farmer is taking on Sacramento: ‘God help you if you disagree with him’

    08/28/2016 10:47:31 AM PDT · by Mariner · 4 replies
    The Sacramento Bee ^ | August 28th, 2016 | By David Siders
    Dean “Dino” Cortopassi, the Stockton-area farmer and food processor who could undermine Gov. Jerry Brown’s Delta water project and high-speed rail in California, leaned over a pile of paperwork in his conference room this spring, tossing bread to his black Labrador and pounding on the table. The state Capitol, Cortopassi said, has been overrun by “porkers feeding at the public trough,” and if long-term debt is not constrained, he said his grandchildren’s generation will bear the cost. He called his November ballot initiative – a proposal to require voter approval before the state issues revenue bonds for public works projects...
  • An Inconvenient Truth: Few Signs Of Global Warming In Antarctica

    08/28/2016 9:10:56 AM PDT · by rktman · 24 replies
    dailycaller.com ^ | 8/27/2016 | Michael Bastasch
    Antarctica has confounded scientists, defying the dire predictions of scientists the South Pole would shrink and exacerbate sea level rise in the coming decades. Climate models predicted Antarctic sea ice would shrink as the world warmed, and that warming would boost snowfall over the southern continent. Neither of those predictions have panned out, and now scientists say “natural variability” is overwhelming human-induced warming. “Truth is, the science is complex, and that in most places and with most events, natural variability still plays a dominant role, and undoubtedly will continue to do so,” Chip Knappenberger, a climate scientist with the libertarian...
  • Global central bankers, stuck at zero, unite in plea for help from governments

    08/28/2016 8:17:29 AM PDT · by Mariner · 24 replies
    Reuters via Yahoo ^ | August 28th, 2016 | By Howard Schneider
    JACKSON HOLE, Wyo. (Reuters) - Central bankers in charge of the vast bulk of the world's economy delved deep into the weeds of money markets and interest rates over a three-day conference here, and emerged with a common plea to their colleagues in the rest of government: please help. Mired in a world of low growth, low inflation and low interest rates, officials from the Federal Reserve, Bank of Japan and the European Central Bank said their efforts to bolster the economy through monetary policy may falter unless elected leaders stepped forward with bold measures. These would range from immigration...
  • German economy minister says EU-US trade talks have failed

    08/28/2016 6:38:16 AM PDT · by Olog-hai · 8 replies
    Associated Press ^ | Aug 28, 2016 9:11 AM EDT | Frank Jordans
    Free trade talks between the European Union and the United States have failed, Germany’s economy minister said Sunday, citing a lack of progress on any of the major sections of the long-running negotiations. Both Washington and Brussels have pushed for a deal by the end of the year, despite strong misgivings among some EU member states over the Trans-Atlantic Trade and Investment Partnership, or TTIP. Sigmar Gabriel, who is also Germany’s Vice Chancellor, compared the TTIP negotiations unfavorably with a free trade deal forged between the 28-nation EU and Canada, which he said was fairer for both sides. “In my...
  • Health-care exchange sign-ups fall far short of forecasts [More Obamacare Failure]

    08/28/2016 6:37:50 AM PDT · by SoFloFreeper · 11 replies
    Washington Post ^ | 8/27/16 | Carolyn Y. Johnson
    Enrollment in the insurance exchanges for President Obama’s signature health-care law is at less than half the initial forecast, pushing several major insurance companies to stop offering health plans in certain markets because of significant financial losses. As a result, the administration’s promise of a menu of health-plan choices has been replaced by a grim, though preliminary, forecast: Next year, more than 1 in 4 counties are at risk of having a single insurer on its exchange, said Cynthia Cox, who studies health reform for the Kaiser Family Foundation.
  • Where Do Criminals Get Their Guns?

    08/28/2016 6:23:37 AM PDT · by rktman · 56 replies
    townhall.com ^ | 8/28/2016 | Bruce Bialosky
    Another fallacy that is disabused in this survey (which states it follows in a long line of other surveys) is that more background checks will change anything in terms of how criminals get guns. Since they typically do not walk into an FFL making background checks more demanding, is not going to decrease the use of guns in crimes. For ordinary citizens, they must and do comply with the gun laws no matter how they acquire their guns. As I stated previously, it appears to me the anti-gun people are creating laws to restrict the activities of law-abiding citizens. That...
  • Gov. Brown: ‘Is Very Dubious’ that Global Warming Legislation Causes Job Loss

    08/27/2016 7:41:45 PM PDT · by Olog-hai · 37 replies
    Cybercast News Service ^ | August 25, 2016 | 2:01 PM EDT | Eric Scheiner
    California Governor Jerry Brown (D) says that evidence that global warming solution legislation hurts jobs “is very dubious, if it exists at all.” While speaking at a press conference Wednesday night Brown praised the passage of SB32 in the California Senate, which sets a target of cutting the state’s output of heat-trapping emissions 40 percent below 1990 levels by 2030. […] “The economy is an impersonal mechanism of profit-seeking enterprises who will take the world as they find it. Whether it’s a mountain or a river or a regulation or a need for bright people. People who want to invest...
  • Warning of 'war' on farmers, Trump seeks support in Iowa

    08/27/2016 7:18:36 PM PDT · by Olog-hai · 8 replies
    Associated Press ^ | Aug 27, 2016 8:05 PM EDT | Scott Bauer and Ken Thomas
    Donald Trump warned Saturday of a “war on the American farmer,” telling a crowd in Iowa that rival Hillary Clinton “wants to shut down family farms” and implement anti-agriculture policies. Trump’s speech at the annual “Roast and Ride” fundraiser for Republican Sen. Joni Ernst came just hours after Clinton received her first national security briefing as the Democratic presidential nominee. […] “Hillary Clinton wants to shut down family farms just like she wants to shut down the mines and the steelworkers,” he said in front of a wall of straw bales at the Iowa State Fairgrounds. “She will do this...
  • As Shipowners Slash Costs, Some Crews Are Left Behind

    08/27/2016 4:35:03 PM PDT · by rockinqsranch · 25 replies
    gcaptain/Reuters ^ | August 27, 2016 | Keith Wallis, Aradhana Aravindan
    Marooned on the medium-sized tanker Amba Bhakti that is moored close to Shanghai and is in urgent need of repair, Hasan claims he and his crew of four from India and Bangladesh have not received their wages from the owner, Varun Shipping, since February and are now owed tens of thousands of dollars.
  • Restaurant operator responds to claims of worms in burgers

    08/27/2016 3:14:48 PM PDT · by COBOL2Java · 66 replies
    WTOP News (Washington DC) ^ | August 27, 2016 2:01 pm | AP
    <p>MAYFIELD, Ky. (AP) — A McDonald’s franchisee says he’s been unable to substantiate claims by two customers who reported finding worms in food at the fast-food chain’s restaurants in two Kentucky communities.</p> <p>Michael Love, owner-operator of the two restaurants, says inspections of the restaurants by health officials did not uncover any of the problems raised by the customers.</p>
  • Peter Navarro: ‘Hillary Clinton Has Got A Proven Record In Destroying Jobs’

    08/27/2016 3:07:55 PM PDT · by Albion Wilde · 8 replies
    YouTube ^ | Aug 25, 2016 | Peter Navarro
    Trump economic advisor Peter Navarro told Fox Business News’ Sandra Smith on Thursday that millions of jobs have been lost due to Hillary Clinton’s bad trade deals. Peter Navarro is a professor at the Merage School of Business at the University of California-Irvine. With a Masters of Public Administration from the Kennedy School of Government and a Ph.D. in economics from Harvard, this distinguished macroeconomist has written extensively on Asia as well as lived and worked there. He is is the author of Crouching Tiger: What China’s Militarism Means for the World (Prometheus, 11/2015). He has published ten previous books,...
  • Entire Facebook Trending News Team Fired Following Breitbart Coverage

    08/27/2016 7:48:37 AM PDT · by Hojczyk · 69 replies
    Breitbart ^ | August | by ALLUM BOKHARI
    Facebook has fired its Trending News team, responsible for curating the social media network’s “Trending News” list, after Breitbart Tech began to reveal their progressive biases last month. The team is set to be replaced by a team of engineers managing an algorithm. Facebook’s Trending News feature is supposed to present users with the most popular news topics being discussed across the platform. But a Gizmodo exposé in May revealed that Trending News operated much like a traditional newsroom, with a team of “curators” selecting stories they considered newsworthy. It was later revealed that the team artificially injected stories that...
  • Guns are tax-free in Mississippi this weekend

    08/27/2016 9:30:48 AM PDT · by Red in Blue PA · 14 replies
    It's the Magnolia State's fourth Second Amendment Sales Tax Holiday. It's the busiest weekend for businesses like Philadelphia Gun and Pawn. "It has been [in past years] so busy that we feel like we lost sales because we couldn't wait on everybody," says manager Richard Ray. In addition to items being tax-free, specials are being run to help buyers save even more. "If you spend a $1,000 you're already going to save $70. And everybody gets a chance to get a break on the taxes, which everybody needs to save money, and I can understand why," says Ray. Philadelphia Gun...
  • Republican Congressman Pushes Internet Sales Tax Plan

    08/27/2016 1:37:59 PM PDT · by JeepersFreepers · 16 replies
    The Wall Street Journal ^ | August 26, 2016 | Richard Rubin
    A new Republican proposal [by Rep. Bob Goodlatte (RINO, VA)] to resolve the long-running fight over taxing internet sales across state lines drew praise from Amazon.com Inc. and House Speaker Paul Ryan. “I am shocked Republicans would propose an internet sales tax,” said Sen. Ron Wyden (D., Ore.) “This proposal would create a logistical nightmare for states like Oregon that don’t have or want sales taxes. I will continue to oppose any efforts to impose a national sales tax scheme on Oregonians.” Michael Needham, the chief executive officer of Heritage Action for America said, “the Republican-controlled Congress would be wise...
  • The media make history

    08/27/2016 8:32:49 AM PDT · by pabianice · 14 replies
    Washington Times ^ | 8/27/16 | Tyrrell
    This week I am going to do something unusual. I am going to enter into a conversation with another columnist. Doing so was not so unusual a few decades back. Bill Buckley and James Jackson Kilpatrick did it when provoked and it was always interesting. Yet today a columnist is a godlike figure. Today’s columnist communicates solely with Olympus, and the result is often a bit tedious. I propose to address the New York Post’s Michael Goodwin and congratulate him on noting that mainstream media (MSM) have passed yet another milepost in their decline. Michael wrote in his column this...
  • The Bizarre Media Blackout Of Hacked George Soros Documents

    08/27/2016 7:21:40 AM PDT · by Lorianne · 19 replies
    Leaked documents released a few days ago provide juicy insider details of how a fabulously rich businessman has been using his money to influence elections in Europe, underwrite an extremist group, target U.S. citizens who disagreed with him, dictate foreign policy, and try to sway a Supreme Court ruling, among other things. Pretty compelling stuff, right? Not if it involves leftist billionaire George Soros. In this case, the mainstream press couldn't care less.
  • Coastal land expands as construction outpaces sea level rise

    08/27/2016 7:15:16 AM PDT · by Lorianne · 11 replies
    Reuters ^ | 25 August 2015 | Alister Doyle
    The Earth has gained coastal land equivalent to the size of Jamaica in the past 30 years with man-made construction outpacing erosion caused by rising sea levels, mapping data showed on Thursday. Expansion of ports off China, construction of luxury resorts off Dubai or land reclamation in the Netherlands were among causes of coastal expansion, according to a study by Dutch research group Deltares. Using satellite data with Google Earth, Deltares said coastal regions had gained a net 13,565 square kilometers (5,237 square miles) of land since 1985, roughly the size of Jamaica or the U.S. state of Connecticut. Overall,...
  • French support for the EU project is crumbling on the Left and Right

    08/27/2016 6:54:30 AM PDT · by Lorianne · 11 replies
    Telegraph (UK) ^ | 25 August 2015 | Ambrose Evans-Pritchard
    he drama of Brexit may soon be matched or eclipsed by crystallizing events in France, where the Long Slump is at last taking its political toll. A democracy can endure deflation policies for only so long. The attrition has wasted the French centre-right and the centre-left by turns, and now threatens the Fifth Republic itself. The maturing crisis has echoes of 1936, when the French people tired of 'deflation decrees' and turned to the once unthinkable Front Populaire, smashing what remained of the Gold Standard. Former Gaulliste president Nicolas Sarkozy has caught the headlines this week, launching a come-back bid...
  • "Central Banks Now Own $25 Trillion Of Financial Assets"

    08/27/2016 6:52:14 AM PDT · by Lorianne · 6 replies
    Zero Hedge ^ | 25 August 2015 | Tyler Durden
    With 85% of Wall Street telling Citi they expect a "dovish hike signal" from Yellen tomorrow, which means a polite request for another BTFD opportunity, even if as BofA says "expectations for a dovish Fed are coinciding with macro strength in the US (most obviously in housing & consumer spending) as well as highest level of wage inflation since Jan’10"... Risk assets are now supported by the new ”Keynesian Put”, the expectation that fiscal measures will be deployed to combat any renewed weakness in the economy/markets (independently of any larger political projects). But asset prices remain primarily supported by excess...
  • It's Tax Refund Time for Illegal Aliens(2/2/2016)

    08/27/2016 6:43:42 AM PDT · by Elderberry · 15 replies
    Center for Immigration Studies ^ | 2/2/2016 | David North
    Some people in the United States have already filed their 2015 income tax returns — not because they are super-law-abiding, but because they want to get a check from Uncle Sam in the mail. Some savvy illegal aliens, since they can get substantial tax breaks, will have filed by now. The first day that IRS accepted returns was January 19 this year — the deadline is two and a half months away, the usual April 15. This year there is yet another tax break for illegals in the tax system. Unlike citizen and green card workers who are not participating...
  • Hillary Clinton Vs. Donald Trump Vs. Investors

    08/27/2016 5:59:52 AM PDT · by expat_panama · 8 replies
    Investors Business Daily ^ | 8/26/2016 | JED GRAHAM
    Donald Trump has a few ideas and Hillary Clinton has a slew of them about how investing should change. They have one thing in common: Both make investors nervous. Clinton wants to overhaul the rules on a scope that no other major party nominee in recent decades has conceived of. Trading could get a lot more complicated and expensive... ...Trump's proposals to cut personal and corporate income taxes ... ...his anti-trade and other policies... ...his unwillingness to take on entitlements. "Trump's plan -- if you believe it -- would be good for investment... ...Clinton has crafted policies that reflect her...
  • China and US to ratify landmark Paris climate deal ahead of G20 summit, sources reveal

    08/27/2016 12:25:35 AM PDT · by Enchante · 38 replies
    South China Morning Post ^ | August 25, 2016 | Li Jing
    China and the United States are set to jointly announce their ratification of a landmark climate change pact before the G20 summit early next month, the South China Morning Post has learned. Senior climate officials from both countries worked late into the night in Beijing on Tuesday to finalise details, and a bilateral announcement is likely to be made on September 2, according to sources familiar with the issue.... ...“There are still some uncertainties from the US side due to the complicated US system in ratifying such a treaty, but the announcement is still quite likely to be ready by...
  • TB Spiked 500 Percent In Twin Falls During 2012, As Chobani Yogurt Opened Plant

    08/26/2016 11:19:23 PM PDT · by george76 · 29 replies
    Breitbart News ^ | 26 Aug 2016 | MICHAEL PATRICK LEAHY
    The number of active TB cases in the eight county Idaho public health district that includes Twin Falls jumped 500 percent between 2011 and 2012. One case of active TB was diagnosed in the South Central Public Health District that includes Twin Falls in 2011, and six active TB cases were diagnosed there in 2012, the year Chobani opened the world’s largest yogurt factory in the small southern Idaho city with the help of $54 million in federal, state, and local financial assistance. That same year, 2012, the percentage of active TB cases in Idaho that were foreign-born spiked to...
  • [California] Gov. Jerry Brown signs bill banning state funds for coal projects

    08/26/2016 10:19:25 PM PDT · by Lonely Bull · 38 replies
    Mercury News ^ | 08/26/2016 | David DeBolt
    SACRAMENTO -- Gov. Jerry Brown took a strong stand against coal on Friday, approving an East Bay lawmaker's bill to ban state funding for coal-related projects. In signing state Sen. Loni Hancock's bill, the governor also praised the Oakland City Council for voting to ban transportation of the ore through its city and encouraged other cities to do the same. "Other localities should follow suit -- and the state should, too -- to reduce and, ultimately, eliminate the shipment of coal through all California ports, Brown wrote in a signing message.
  • Electronic cigarettes proving a sellout hit in Japanese market

    08/26/2016 7:20:14 PM PDT · by Trump20162020 · 12 replies
    The Japan News ^ | August 25, 2016 | Staff
    Electronic cigarettes, which do not require a flame but heat tobacco leaves to create a vapor that is inhaled, are so popular in Japan these days that demand cannot keep up with supply. The e-cigarette boom was triggered by iQOS, a product released by Philip Morris Japan K.K. Rather than burning tobacco leaves, the iQOS heats cigarettes in a small cylindrical device — all designed exclusively for each other — so that nicotine and vapors are inhaled together. Sales of iQOS began in Tokyo in September last year, before expanding nationwide in April. Even though the kit is priced as...
  • US wants to force lower speeds on truck and bus drivers

    08/26/2016 4:53:13 PM PDT · by Olog-hai · 73 replies
    Associated Press ^ | Aug 26, 2016 4:55 PM EDT | Tom Krisher
    The U.S. is seeking to forcibly limit how fast trucks, buses and other large vehicles can travel on the nation’s highways. A new proposal Friday would impose a nationwide limit by electronically capping speeds with a device on newly made U.S. vehicles that weigh more than 26,000 pounds. Regulators are considering a cap of 60, 65 or 68 mph, though that could change. Whatever the speed limit, drivers would be physically prevented from exceeding it.The proposal, which comes from the National Highway Traffic Safety Administration and Federal Motor Carrier Safety Administration, does not force older heavy vehicles to add the...
  • Tech firm brags about blocking FBI from recovering Clinton emails

    08/26/2016 3:17:31 PM PDT · by Mariner · 88 replies
    The Washington Examiner ^ | August 26th, 2016 | By Sarah Westwood
    A technology company that provided the program Hillary Clinton's team used to scrub her private server of emails bragged on its website Thursday that it had prevented the FBI from accessing deleted records. BleachBit, the publicly-available application that was used to deleted some of Clinton's emails ahead of an FBI investigation, said it had not yet been served a subpoena over its involvement in the destruction of potentially classified records. A headline on the company's website read: "BleachBit stifles investigation of Hillary Clinton." Rep. Trey Gowdy brought the involvement of the program to light Thursday when he told Fox News...
  • Sears Puts Kenmore, Craftsman Up for Grabs

    08/26/2016 12:59:16 PM PDT · by Hojczyk · 99 replies
    Yahoo Finance ^ | August 26,2015
    Sears, which booked a 2Q loss, says a variety of companies are interested in the floundering retailer’s familiar appliance, tool and auto brands. More Sears Holdings (NASDAQ:SHLD), which booked another loss in the second quarter, has received interest from a variety of companies eyeing the floundering retailer’s familiar appliance, tool and auto brands. The Illinois-based company has grappled with challenges at Sears and Kmart, two chains that struggling to turn things around in a tough environment for retailers. Target (NYSE:TGT), Kohl’s (NYSE:KSS) and others have recently reported weaker sales as shoppers spend more online. Sears is facing some broader issues....
  • U.S. considering speed-limit device rule for trucks, buses

    08/26/2016 12:56:09 PM PDT · by C19fan · 38 replies
    Reuters ^ | August 26, 2016 | Staff
    Trucks and buses in the United States may have to be equipped with devices to limit their speed under a proposed rule issued on Friday by the U.S. Transportation Department which said the move could save both lives and fuel. The department will weigh setting speed limits at 60, 65 or 68 miles per hour for heavy commercial vehicles, but said it will consider other speeds based on comments from the public.
  • Dear John: ObamaCare’s Unaffordable Prices Make No Sense

    08/26/2016 12:52:42 PM PDT · by nickcarraway · 17 replies
    New York Post ^ | August 20, 2016 | JOHN CRUDELE
    Dear John: I make approximately $25,000 a year before taxes and I make another $10,000 from rental income. My mortgage is $2,100 a month. I got ObamaCare coverage last year, and I paid approximately $230 a month with some subsidies from New York state.
  • Halal drink alleged to support jihad financing (“Sultan Drinks”, Vienna)

    08/26/2016 12:47:47 PM PDT · by Olog-hai · 7 replies
    TheLocal.at | 24 Aug 2016 23:16 GMT+02:00 | (Central European News)
    Link only: http://www.thelocal.at/20160824/halal-drink-alleged-to-support-jihad-financing
  • Meet the ‘Trumpocrats’: Lifelong Democrats Breaking with Party Over Clinton to Support Trump

    08/26/2016 12:45:50 PM PDT · by Red Steel · 7 replies
    Breitbart ^ | 23 Aug 2016 | Matthew Boyle
    Meet the “Trumpocrats,” or so the sizable collection of lifelong Democrats breaking with their party. ... Rickers...phone interview: I’m a lifelong Democrat, really since I was a little kid, and I still am a Democrat. But the Clintons—for instance, where I am from, my hometown, when I was a kid we had 15 manufacturing plants and we now have one. Nobody does anything there anymore, ...The Clintons are really the cause of this, the cause of manufacturing going overseas with NAFTA and the trade deals and all of that. Donald Trump... he really does want to do something about that...
  • Another Travel Fiasco Courtesy of the TSA

    08/26/2016 10:32:05 AM PDT · by Tolerance Sucks Rocks · 43 replies
    The Daily Signal ^ | August 19, 2016 | Genevieve Wood
    I have long been a believer that, in most cases, a private company will do a more effective and efficient job than any government agency charged with the same task. My recent travel experience solidified that belief. It all started out with a half-empty water bottle at Ronald Reagan National Airport just outside the District of Columbia. I had checked in the night before, checked my bag at the curbside when I arrived, and now had a full hour to go through security. With Congress gone since late July and much of the District emptied out until Labor Day, I...
  • Family of Gun Instructor Slain by 9-Yr-Old Firing Uzi Files Wrongful Death Suit.

    08/26/2016 10:31:12 AM PDT · by carriage_hill · 60 replies
    ABC News ^ | 8/26/2016 | SABINA GHEBREMEDHIN
    The children of an Arizona gun instructor accidentally killed by a 9-year-old firing an Uzi at a gun range are filing a wrongful death lawsuit against the business's owners. "The gun range created an unsafe and dangerous environment that ultimately lead to my dad’s death" said Ellie Vacca, the 17-year-old daughter of Charles Vacca, on "Good Morning America" today. The gun instructor’s family spoke to ABC News exactly two years after the tragic accident, saying they want the owners of shooting range to be held responsible. The wrongful death suit claims that the mini Uzi 9MM that fired the fatal...
  • Have More Kids. It's Good For the Planet

    08/26/2016 9:20:13 AM PDT · by Kaslin · 30 replies
    Townhall.com ^ | August 26, 2016 | David Harsanyi
    The problem with environmentalists isn't merely that they have destructive ideas about the economy, but that so many of them embrace repulsive ideas about human beings. Take a recent NPR piece that asks, "Should We Be Having Kids In The Age Of Climate Change?" If you want to learn about how environmentalism has already affected people in society, read about the couple pondering "the ethics of procreation" and its impact on the climate before starting a family, or the group of women in a prosperous New Hampshire town swapping stories about how the "the climate crisis is a reproductive crisis."...
  • Healey Hurts Families

    08/26/2016 9:37:40 AM PDT · by pabianice · 4 replies
    Recently, rogue Massachusetts Attorney General Maura Healey, out of whole cloth, banned the sale of the AR-15 rifle in Massachusetts as an 'evil assault weapon.' Further, she left open the possibility of confiscation of all semi-automatic rifles as 'a common sense step in preventing gun violence.' Nothing in Massachusetts law allows this but she is apparently one more Dem who thinks she's above the law. See details
  • It's a Jungle in Calais all right... (Illegal migrants)

    08/26/2016 8:15:24 AM PDT · by drop 50 and fire for effect · 27 replies
    Daily Mail ^ | 26 August 2016 | Katie Hopkins
    Full Title: It's a Jungle in Calais all right but the desperate migrants menacing our truckers aren't the real problem - it's the ones we never see that you need to worry about Authorities say the French port is a no-go zone at night. And when you've been 28 hours in the cab of a truck, getting in and out of France, driving through the night, you're left in no doubt they are right. Calais is bandit country. Lawless. Ungodly. Inside the endless gates and fences, you made it. You are safe. Outside, you are a target.
  • The Ohio Turnpike gears up for self-driving car testing

    08/26/2016 7:04:59 AM PDT · by Tolerance Sucks Rocks · 51 replies
    13 ABC ^ | August 25, 2016 | Lissa Guyton
    TOLEDO (13abc Action News) - Self-driving cars are getting closer to becoming a reality in America. Testing is underway in a few places around the country and if you travel the Ohio Turnpike, you'll soon be sharing the road with them. We spoke with drivers and the head of the Ohio Turnpike Commission about the testing. The autonomous vehicles could be on the turnpike by the end of the year. The Ohio Turnpike will be turned into a test track of sorts for the emerging technology. Randy Cole is the Executive Director of the Turnpike Commission, "It's 241 miles of...
  • US economy grew at tepid 1.1 percent pace in spring

    08/26/2016 6:57:14 AM PDT · by maggief · 18 replies
    AP ^ | August 26, 2016 | CHRISTOPHER S. RUGABER
    WASHINGTON (AP) — The U.S. economy expanded at a sluggish pace this spring as businesses sharply reduced their stockpiles of goods and spent less on new buildings and equipment. The Commerce Department said Friday that gross domestic product, the broadest measure of the economy, increased at an annual rate of 1.1 percent in the April-June quarter. That is slightly below its previous estimate last month of 1.2 percent growth.