Business/Economy (News/Activism)

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  • Sport-NASCAR calls shrinking grandstands 'right-sizing'

    03/04/2015 6:16:54 PM PST · by NormsRevenge · 61 replies
    Yahoo News ^ | 3/4/15 | Steve Keating - Reuters
    NEW YORK, March 4 (Reuters) - NASCAR calls it "right-sizing" but others see it as sign that something is terribly wrong with America's most popular motor sport as thousands of seats are being removed from tracks across the United States. The sprawling Charlotte Motor Speedway, which once drew a crowd of 167,000, is removing 41,000 seats while tracks in Dover and Atlanta will chop capacity by at least 17,000. "Right-sizing is the term," NASCAR's Chief Operating Officer Brent Dewar told Reuters after addressing the Sport Business Summit in midtown Manhattan on Wednesday. "It is what you are seeing in all...
  • (Maryland) Lawmaker Proposes Lower Military Drinking Age

    03/04/2015 4:40:50 PM PST · by DogByte6RER · 16 replies
    The Spirits Business ^ | March 3, 2015 | Melita Kiely
    Lawmaker proposes lower military drinking age • A Maryland senator has proposed a new bill to allow 18-year-old members of the US military to drink alcohol, despite the legal drinking age in the country being 21. Senator Ron Young, D-Frederick proposed a reduction in the legal drinking age for military members to the Senate Education, Health and Environmental Affairs Committee on Friday. The bill would permit service members under the age of 21 to drink beer and wine at a bar or restaurant by showing valid military identification, however spirits and off-premise purchases would still be prohibited. “Is someone can...
  • Germans happy with being EU top dogs (happy with Berlin ruling the EU)

    03/04/2015 4:31:35 PM PST · by Olog-hai · 6 replies
    TheLocal.de ^ | 03 Mar 2015 11:38 GMT+01:00 | Tom Barfield
    Germans are more supportive of how the EU is run than any other member state, but experts tell The Local that may only last as long as the economic good times. Among Germans, 69 percent told Gallup pollsters that they “approve” of the EU leadership's job performance in 2014. That was well above the average approval rating of 49 percent across all member states, while just three other countries—Ireland, Belgium and Luxembourg—topped 60 percent approval. “[The results] might be an indication that some Germans now start to identify leadership within the European Union with their own government and with the...
  • ADP Employment Drops, Misses; Zandi Admits "Jobs Growth Slowing"

    03/04/2015 4:31:06 PM PST · by Perdogg · 6 replies
    Zero hedge ^ | 03.04.2015
    Another day, another missed data point. ADP Employment data shows 212k jobs added in February, which modestly missed expectations of 219k and is the weakest monthly gain in 6 months. This despite a strong prior revision, pushing the January number up from 213K to 250K to catch up to the BLS runrate. Despite the miss, that showed large businesses adding by far the fewest jobs, Mark Zandi as usual remains optimistic: "jobs growth is strong but slowing," and expects the economy "will return to full employment by mid-2016."
  • Senate fails to override Keystone XL veto [Five Votes Short]

    03/04/2015 2:07:06 PM PST · by SeekAndFind · 60 replies
    Washington Examiner ^ | 03/04/2015 | BY JOHN SICILIANO
    The U.S. Senate voted down a key vote to override a White House veto on a bill to approve the contentious Keystone XL pipeline, which the GOP sees a key to job creation and maintaining a strong U.S. infrastructure. The vote on override a presidential veto failed 62-37. The Senate had passed the bill 62-36 in January.But last month President Obama vetoed the measure. Republicans have said that if they couldn't override Obama's veto, they plan to wrap legislation green-lighting the 1,700-mile pipeline into a spending measure or broader bill, such as the federal highway bill. But Democrats who oppose...
  • Kinder Morgan proposal to bore through Burnaby Mountain prompts protests

    03/04/2015 1:24:00 PM PST · by shove_it · 14 replies
    SeekingAlpha ^ | 4 Mar 2015 | Carl Surran
    Kinder Morgan (KMI -0.6%) wants to drill through Burnaby Mountain in British Columbia to reach an oil-loading ship terminal, but WSJ reports that it is facing more challenges than the mountain itself, as it also is battling resistance from Vancouver officials and protestors opposed to fossil fuel development. Burnaby Mountain has become a symbolic battlefield in a much larger debate about energy resources in North America, opponents and supporters of the pipeline plan say. Canadian oil producers are counting on KMI’s $4.3B proposal to triple the capacity of the existing Trans Mountain pipeline, which connects Alberta’s oil sands to a...
  • Scott Walker Comes Out Against Boehner’s And McConnell’s Deal With Dems To Fund Obama’s Amnesty

    03/04/2015 1:04:04 PM PST · by Cincinatus' Wife · 48 replies
    Breitbart - Big Government ^ | March 4, 2015 | Matthew Boyle
    Wisconsin Gov. Scott Walker, a frontrunner in many 2016 GOP presidential polls in recent weeks, has come out swinging against the deal House Speaker John Boehner and Senate Majority Leader Mitch McConnell just cut with congressional Democrats to fund President Obama’s executive amnesty. The basis of his opposition to the deal is twofold. First, he doesn’t agree with the way it surrenders Congress’ power of the purse to Obama through at least the end of September, the current fiscal year. Second, Walker is furious that Democrats who publicly stated many times they opposed the president’s actions didn’t follow through and...
  • Obama wins Keystone vote as Senate fails to overcome veto

    03/04/2015 12:22:59 PM PST · by jazusamo · 78 replies
    The Washington Times ^ | March 4, 2015 | Stephen Dinan
    The Senate upheld President Obama’s first veto of the new Congress on Wednesday, dooming for the foreseeable future any chance of constructing the Keystone XL pipeline that would bring oil from Canada to the U.S. The vote was seen as a key early test of Democrats’ willingness to defend their lame-duck party leader, and Mr. Obama passed that test easily, with the Senate falling four shy of the two-thirds supermajority needed to overturn the veto. “This is going to come back,” said Sen. Joe Manchin III, a West Virginia Democrat who did break with Mr. Obama and said eventually the...
  • Walker surging in North Carolina [up 10 points since last poll]

    03/04/2015 11:47:34 AM PST · by Cincinatus' Wife · 17 replies
    PPP's newest North Carolina poll provides just the latest evidence of a Scott Walker surge among GOP voters. Walker leads the Republican field in the state with 24% to 17% for Jeb Bush, 15% for Mike Huckabee, and 12% for Ben Carson. PPP has now had three polls in a row- this one in North Carolina, one two weeks ago nationally, and one three weeks ago in South Carolina- where Walker, Bush, Huckabee, and Carson have all hit double digits while none of the rest of the GOP contenders have. For the time that quartet seems to be the top...
  • If it’s ambiguous, does government win? Roberts finally speaks.

    03/04/2015 11:15:53 AM PST · by Cincinatus' Wife · 61 replies
    Washington Post ^ | March 4, 2015 | Sandhya Somashekhar and Robert Barnes
    11:26: When a law is ambiguous, the court often defers to the agency in charge of administering it. The U.S. Court of Appeals for the 4th Circuit said just that, and that the IRS’ interpretation that subsidies were available to all was a reasonable one. Verrilli resisted questions about ambiguity, saying it was clear. But if not, he said, the agency does deserve deference. But Justice Anthony M. Kennedy said he was concerned about giving the power to allocate billions of dollars in subsidies to an agency. It was then that Chief Justice John G. Roberts Jr. asked his only...
  • Chicago's Only Possible Salvation: Bankruptcy

    03/04/2015 10:19:48 AM PST · by SeekAndFind · 10 replies
    Townhall ^ | 03/04/2015 | Mike Shedlock
    Is the Chicago pension system so messed up and union work rules so entrenched the only way to change either of them is bankruptcy? I think so. So does Dennis Byrne who wrote on his blog today Chicago's Only Salvation: A Detroit-Like Bankruptcy. This is a guest post from Byrne. Chicago's Only Salvation: A Detroit-Like Bankruptcy Wait, I thought only the Republican Party was being torn asunder by a rift between the establishment middle and the fringe. That impression was nailed down, again, last week by the embarrassing fracture among House Republicans over funding for the Department of Homeland Security....
  • Top Senate Republican tells states: ignore EPA carbon rules

    03/04/2015 10:16:52 AM PST · by Olog-hai · 16 replies
    Associated Press ^ | Mar 4, 2015 11:55 AM EST | Dina Cappiello
    The Senate’s top Republican is telling states to ignore a central part of President Barack Obama’s plans to curb the pollution blamed for global warming. In an op-ed published Tuesday in the Lexington Herald-Leader, Majority Leader Mitch McConnell of Kentucky says states should reject Obama’s proposed requirements for power plants to reduce carbon dioxide, the chief greenhouse gas. The rule, expected to be final this summer, would require states to submit plans as soon as 2016, or risk being forced to comply with a federal substitute. …
  • Why the Inventor of K-Cups Doesn't Use Them

    03/04/2015 10:10:35 AM PST · by Responsibility2nd · 108 replies
    Newser ^ | 03/03/2015 | Jenn Gidman
    For one, 'they're kind of expensive,' John Sylvan says (Newser) If anyone would brew his morning joe using K-Cups, you'd think it would be the inventor of the K-Cup himself. But John Sylvan, whose single-serve pods revolutionized the coffee landscape, sticks with making coffee the old-fashioned way. "I don't have [pods]. They're kind of expensive to use," John Sylvan tells James Hamblin, writing for the Atlantic. "Plus it's not like drip coffee is tough to make." But besides being steeper in cost, the plastic-and-foil pods that made up most of Keurig Green Mountain's $4.7 billion in revenue last year have...
  • AUDIO: Obama Admin Is ‘Going After’ Gun Dealers [VIDEO]

    03/04/2015 8:17:23 AM PST · by rktman · 21 replies
    dailycaller.com ^ | 3/3/2015 | Patrick Howley
    The Obama administration’s Operation Choke Point program targets gun and ammunition dealers and tries to make life “miserable” for businesses that it doesn’t like, a payment processor told a Choke Point victim in jarring new audio. Operation Choke Point is a program by which the Department of Justice works with other administration agencies, including the Consumer Financial Protection Bureau, to force banks to shut down accounts of businesses that it objects to. The program purports to fight fraudulent businesses, but has instead targeted many gun and ammunition dealers and other lawful businesses.
  • Seven Things You Should Know about the IRS Rule Challenged in King v. Burwell ​

    03/04/2015 6:52:02 AM PST · by afraidfortherepublic · 9 replies
    Nationanl Review ^ | 3-4-15 | Michael F. Cannon
    And none of them make the IRS look very good. This week, the Supreme Court considers King v. Burwell. At issue is whether the IRS exceeded its authority under the Patient Protection and Affordable Care Act by issuing a final IRS rule that expanded the application of the Act’s subsidies and mandates beyond the limits imposed by the statute. King v. Burwell is not a constitutional challenge. It challenges an IRS rule as being inconsistent with the Act it purports to implement. The case is a straightforward question of statutory interpretation. Here are seven things everyone needs to know about...
  • With Stan Evans' Passing, The Nation Loses A Conservative Pioneer

    03/04/2015 6:28:28 AM PST · by IBD editorial writer · 7 replies
    Investor's Business Daily ^ | 03/03/2015 | Staff
    Legacy: Just days after the Conservative Political Action Conference wrapped up, the nation lost one of the conservative movement's founders and one of its most passionate defenders — M. Stanton Evans.
  • {Refinery} Company accuses USW of threatening returning workers

    03/04/2015 4:25:56 AM PST · by thackney · 22 replies
    Fuel Fix ^ | March 3, 2015 | LM Sixel
    LyondellBasell announced Tuesday that it has filed an unfair labor practice charge against the United Steelworkers union, alleging that union representatives have made threats against employees who have returned to work and have used abusive language in social media. The company also contends it has witnessed threatening behavior at the gates of its Houston refinery as employees arrive to work, according to a letter to employees from Kevin Brown, executive vice president of global manufacturing, refining, global engineering services and global projects. The company filed the charge with the National Labor Relations Board. “This action by the USW is extremely...
  • Poll: Scott Walker Pulls Even with Jeb Bush in Florida

    03/04/2015 4:44:45 AM PST · by Cincinatus' Wife · 56 replies
    Breitbart ^ | March 3, 2015 | Howie Carr
    BOSTON – Wisconsin Gov. Scott Walker has closed to within one point of favorite son former Gov. John Ellis (“Jeb”) Bush in Bush’s home state of Florida, according to a new poll of GOP voters in the Sunshine State. Bush leads Walker, 23-22, in a poll this week of 508 Florida Republicans by Gravis Insights, a Florida-based non-partisan research firm. The poll was conducted for the Howie Carr radio show. In third place was another favorite son, FL Sen. Marco Rubio, with 11 percent. Former AR Gov. Mike Huckabee had 10 percent, ahead of retired neurosurgeon Dr. Ben Carson with...
  • Jeb Bush is not a winner for Republicans

    03/04/2015 4:26:27 AM PST · by HomerBohn · 28 replies
    GOP USA ^ | 3/2/2015 | Adriana Cohen
    If the GOP wants to take the White House in 2016, former Florida Gov. Jeb Bush is not their man. Two red flags that can't be overlooked: The Bush brand has been tarnished. And Jeb is yet another moderate, establishment Republican, like Mitt Romney and John McCain, who voters rejected the past two elections. Why endorse yet another moderate/establishment type only to lose yet again? It's time for the GOP to be bold. Republicans can elect a real conservative and/or Tea Party candidate who wants to repeal Obamacare, grow the economy, shrink intrusive big government and wipe ISIS off the...
  • Gov. Scott Walker on Discerning God’s Will

    03/04/2015 1:49:05 AM PST · by Cincinatus' Wife · 6 replies
    Christian Headlines ^ | March 3, 2015 | Warren Cole Smith, World News Service
    This week, Wisconsin Gov. Scott Walker moved closer to a 2016 White House run by hiring more key staffers. A pair of Washington veterans have signed on to help coordinate the governor’s foreign and domestic policy. He also added more political staff this past week in New Hampshire. On Monday, Walker spoke at the National Religious Broadcasters Convention, where I caught up with him and asked about his pro-life views and the college degree he never got. You said you haven’t yet decided whether to run for president. What’s going to help you make that decision? I think getting around...
  • Why Don’t Libertarians Like Scott Walker? [Is Rand worried?]

    03/04/2015 12:20:09 AM PST · by Cincinatus' Wife · 29 replies
    The Libertarian Republic ^ | March 3, 2015 | Charles Barr
    While Scott Walker is touring the country trying to stay atop of the polls for the 2016 Republican Presidential Nomination, his home state of Wisconsin is struggling to keep people in the state. Since 2013, nearly 2,300 people have left the state of Wisconsin and the household income has slipped about .01%. If we don’t consider these small, nit-picky numbers, the economic prospects of the state are great – Wisconsin went from number 49 on the economic prospects to number 21. Walker himself laid out most of his economic success stories in his CPAC speech this past weekend, most of...
  • [Texas] Senate school agenda vexes teacher groups

    03/03/2015 10:56:42 PM PST · by Cincinatus' Wife · 3 replies
    Houston Chronicle ^ | March 3, 2015 | Lauren McGaughy
    <p>AUSTIN - Lt. Gov. Dan Patrick unveiled key portions of the upper chamber's education agenda on Tuesday, reviving proposals long unpopular with teacher groups that Patrick said would empower parents and help students leave poor-performing schools.</p> <p>"We'll be talking about school choice and pre-K at a later date," Patrick said at a morning press conference in the Capitol, flanked by members of the Senate Committee on Education. "But reforming education is more than a single shot. It is a comprehensive plan that takes in every area of the state, takes in every student, every parent and every teacher."</p>
  • Avoiding Payment of the Obamacare Tax With Your 2014 Form 1040

    03/03/2015 6:27:25 PM PST · by T Ruth · 16 replies
    3/3/2014 | Self
    [What follows is not legal, accounting, or tax advice, but merely the ruminations of a concerned citizen.] Until Obamacare is repealed, you should, as many have noted, adjust your withholding and estimated tax payments so that you owe a small amount of tax when you file your return, rather than overpay so that you are in a refund position. Assuming that you have done this, then you will have to make a payment when you file your income tax return. It may be that if you are not careful in how you pay your balance due, you may end up...
  • Early-riser Bloomberg irks sleepy-eyed staffers

    03/03/2015 6:19:25 PM PST · by george76 · 8 replies
    NY Post ^ | March 1, 2015 | Gary Buiso
    Michael Bloomberg is back at the company he founded ... Everyone who works for him is hoping he leaves, but since they can’t say that outright, they’re hoping it will get leaked to the press
  • Sen. Cruz introduces the Health Care Choice Act

    03/03/2015 5:54:34 PM PST · by 2ndDivisionVet · 25 replies
    KETK-TV ^ | March 3, 2015
    Bill would eliminate destructive and costly insurance mandates while giving consumers more choice and freedom Washington, D.C. (Office of Ted Cruz) — On Tuesday, U.S. Sen. Ted Cruz, R-Texas, introduced the Health Care Choice Act, which would remove Obamacare’s costly insurance mandates and allow residents in one state the option to purchase a health insurance plan of their choice in any other state. The bill is cosponsored by Sens. John Barrasso (R-WY), Mike Crapo (R-ID), Marco Rubio (R-FL), and David Vitter (R-LA). Rep. Marsha Blackburn (R-TN) has introduced companion legislation in the U.S. House of Representatives, H.R. 543. "Every last...
  • GDP Shocker: Atlanta Fed Calculates Q1 Growth Of Only 1.2%

    03/03/2015 3:03:35 PM PST · by Perdogg · 12 replies
    zero hedge ^ | 03.03.2015
    While every other word from talking-heads and policy-makers relates various anecdotes (or simple lies) about US economic growth, The Atlanta Fed appears to have taken a 'data-dependent' perspective on the real economy (as opposed to smoke and mirrors). Based on their GDPNow "nowcasting" model, The Atlanta Fed projects Q1 2015 GDP growth os just 1.2% (less than half current sell-side economist consensus) and getting weaker...
  • US running out of room to store oil; price collapse next?

    03/03/2015 2:26:05 PM PST · by BeauBo · 31 replies
    AP ^ | 3 March 2015 | JONATHAN FAHEY
    NEW YORK (AP) — The U.S. has so much crude that it is running out of places to put it, and that could drive oil and gasoline prices even lower in the coming months. For the past seven weeks, the United States has been producing and importing an average of 1 million more barrels of oil every day than it is consuming. That extra crude is flowing into storage tanks, especially at the country's main trading hub in Cushing, Oklahoma, pushing U.S. supplies to their highest point in at least 80 years, the Energy Department reported last week.
  • Target to cut thousands of jobs in restructuring

    03/03/2015 1:49:42 PM PST · by Red Badger · 50 replies
    CBNC ^ | 03-03-2015 | Fred Imbert & Courtney Reagan
    Target's chief executive, Brian Cornell, said Tuesday the retailer will cut several thousand jobs within the next two years as part of a $2 billion cost savings plan. The company also announced 2015 guidance of $4.45 to $4.65 adjusted earnings per share. Wall Street expected Target's guidance at $4.50 adjusted earnings per share. Target also expects digital sales to increase 40 percent and same-store sales between 1.5 percent and 2.5 percent, with modest improvement in gross margins and expense rates. It also expects sales to grow between 2 and 3 percent during the year. The company's stock closed at $78.02,...
  • Congress sends ‘clean’ Homeland bill to Obama

    03/03/2015 12:52:55 PM PST · by Tolerance Sucks Rocks · 37 replies
    The Washington Times ^ | March 3, 2015 | Eric Werner and David Espo (Associated Press)
    WASHINGTON — Congress is sending President Obama a bill to fund the Department of Homeland Security through the end of the budget year, without overturning the president’s immigration policies. The House on Tuesday voted 257-167 for the measure that Obama is expected to sign. Without action, funding for the department would have expired Friday at midnight.
  • Only mass default will end the world's addiction to debt

    03/03/2015 11:18:32 AM PST · by NRx · 11 replies
    The Telegraph ^ | 03 March 2015 | Jeremy Warner
    In a valedictory speech at the weekend of characteristically Latin American duration – a mind-numbing three hours – the Argentine president, Cristina Fernandez de Kirchner, claimed that her country was the only one in the world to have reduced its national debt over recent years. I doubt she is right about being alone in this “achievement” – there must surely be others - but even if she is, I’m not sure that reduction in the national debt via the mechanism of default is anything to boast of. Only Kirchner could think this a matter of national pride. Nonetheless, where Argentina...
  • New York: Muslim suing Costco for religious discrimination (Cashier won't accept pork purchases)

    03/03/2015 11:17:13 AM PST · by Titus-Maximus · 56 replies
    Jihadwatch ^ | 3/1/2015 | Robert Spencer
    “He tells Eyewitness News exclusively that when he refused to work with pork, the major retailer sent him outside to gather carts. ‘Just because you have a different belief, that doesn’t give anybody the right to treat you different,’ said Jean Camara, suing Costco.” Note the paradox: he is claiming that he was subjected to religious discrimination, when what really happened was that he was prevented from discriminating against non-Muslim customers by refusing to act as cashier for those with pork and alcohol.
  • US running out of room to store oil; price collapse next?

    03/03/2015 10:46:56 AM PST · by Red Badger · 79 replies
    Yahoooooo ^ | 03-03-2015 | By JONATHAN FAHEY
    The U.S. has so much crude that it is running out of places to put it, and that could drive oil and gasoline prices even lower in the coming months. For the past seven weeks, the United States has been producing and importing an average of 1 million more barrels of oil every day than it is consuming. That extra crude is flowing into storage tanks, especially at the country's main trading hub in Cushing, Oklahoma, pushing U.S. supplies to their highest point in at least 80 years, the Energy Department reported last week. If this keeps up, storage tanks...
  • The Herd Can Be Blind

    03/03/2015 10:28:18 AM PST · by Kaslin · 3 replies
    Townhall.com ^ | March 3, 2015 | Peter Schiff
    The below is an abridged version of a longer article that appears in the Winter 2015 Euro Pacific Global Investor Newsletter Going into 2015 the economic outlook held by the U.S. investment establishment could not have been much more positive, and more unified. Pundits saw all the variables aligning to create the best of all investment worlds, a virtual "no-brainer" of optimism. Many believed that the 5.0% annualized growth in 3rd quarter would stay strong in the 4th Quarter and then usher in a strong 2015, which many believed would be the best economic year since the crash of 2008....
  • Ending the Export-Import Bank’s Corporate Welfare Should Be a Gimme for the GOP

    03/03/2015 10:08:59 AM PST · by Kaslin · 7 replies
    Townhall.com ^ | March 3, 2015 | Daniel J. Mitchell
    In the grand scheme of things, the Export-Import Bank isnÂ’t the worst government program or the one that most needs to be abolished.Entitlement programs are a far bigger threat to AmericaÂ’s long-run fiscal stability the Ex-Im Bank, with Medicaid serving as a particularly sobering example.Handouts to the Paris-based Organization for Economic Cooperation and Development, on a per-dollar-spent basis, do more damage than the Export-Import Bank.There are entire departments of the federal government, such as Education orHousing and Urban Development, that should be abolished before we worry about the Ex-Im Bank.But hereÂ’s the deal. Achieving any of the goals listed above...
  • Dems Discover the Truth About All Us Koch Brother Conservatives

    03/03/2015 8:43:14 AM PST · by Kaslin · 28 replies
    Townhall.com ^ | March 3, 2015 | Michael Hausam
    For those of you currently on the Koch Brothers political agenda payroll, have open applications pending into the "club," or have been involved in the marketing campaign to cover up the true agenda of conservatives, we all have something to be a little concerned about: Our secret has been discovered. Here's what happened: Emanuel Cleaver (D-MO) was speaking at a Democrat fundraiser last week and in response to the tea party and other conservative's rallying cry of wanting to "take our country back!", he said this: “You can’t have it back. We’re not going back to a day when we...
  • Google Decides What Is Fact In New Search Results Ranking System

    03/03/2015 8:40:07 AM PST · by Enlightened1 · 24 replies
    Daily Caller ^ | 3/2/15 | Giuseppe Macri
    The world’s largest search engine is setting itself up to become the global arbiter of truth online.
  • Obama "Very Interested" In Raising Taxes Through Executive Action

    03/03/2015 7:52:25 AM PST · by pabianice · 35 replies
    Townhall.com ^ | 3/3/15 | Carroll
    White House Press Secretary Josh Earnest confirmed Monday that President Obama is "very interested" in the idea of raising taxes through unilateral executive action. "The president certainly has not indicated any reticence in using his executive authority to try and advance an agenda that benefits middle class Americans," Earnest said in response to a question about Sen. Bernie Sanders (I-VT) calling on Obama to raise more than $100 billion in taxes through IRS executive action. "Now I don't want to leave you with the impression that there is some imminent announcement, there is not, at least that I know of,"...
  • The 13 Reasons I Owe Democrats an Apology

    03/03/2015 7:50:43 AM PST · by Kaslin · 13 replies
    Townhall.com ^ | March 3, 2015 | Michael Schaus
    I owe Democrats an apology. Flipping through some of my hate mail (I lead a tremendously exciting life, as you can see) it dawned on me that it’s quite possible conservatives are a little too hard on our liberal friends. (Also: I’m trolling for more hate mail.) And so, with reserved humility, I sat down with a drink (less than 32 ounces) and a pen, and made a list of things for which we conservatives ought to apologize. It’s the least I can do:I am sorry about labeling Net Neutrality “broadband-socialism”. Clearly my distrust in the folks who brought us...
  • First came the frackers, then came the earthquakes

    ~snip~ It wasn't always like this. Between 1978 and 2008, Oklahoma averaged fewer than two significant earthquakes per year. In 2014, that number had spiked to 585, including 19 that measured a powerful 4.0 magnitude or stronger...
  • Fr. Hesburgh Leaves Legacy of Serving God, Country and Notre Dame

    03/03/2015 7:16:15 AM PST · by Kaslin · 6 replies
    Townhall.com ^ | March 3, 2015 | Paul Dykewicz
    Everyone should aspire to live as exemplary a life as Fr. Theodore Hesburgh, 97, the former Notre Dame president, who died Feb. 26 but was a transformational national leader while also serving as the university’s president from 1952 to 1987, after receiving the school’s top job at the age of 35.With Fr. Hesburgh’s help, the United States ushered in an era of civil rights and the Catholic school became one of the country’s top universities, despite him arriving when it was best known for its iconic football team. His prominence did not prevent Fr. Hesburgh from taking an interest in...
  • End of Welfare for Billionaires...maybe?

    03/03/2015 6:14:21 AM PST · by Kaslin · 16 replies
    Townhall.com ^ | March 3, 2015 | John Ransom
    Federal Reserve Vice Chairman Stanley Fisher told an economic forum on Friday that the Fed would likely look to interest rates hikes in June or September but that economic developments could change that, thereby declaring the impending end of an era of easy money. “I don't think there is an emphasis on June instead of September” Mr. Fischer told a monetary policy forum in New York according to Bloomberg. “[I]t seems those two months get the main weight of probability.”
  • Centrist Democrats Emerge From Their Slumbers

    03/03/2015 5:52:02 AM PST · by IBD editorial writer · 16 replies
    Investor's Business Daily ^ | 03/02/2015 | John Merline
    An old chestnut among pundits is to say that Republicans have become an extremist party out of touch with everyday, average Americans. It's so frequently stated that many Republicans even believe it. But as we've written before, it's the Democratic Party that has moved to the extreme.
  • One last look at the real economy before it implodes

    03/03/2015 4:50:08 AM PST · by HomerBohn · 7 replies
    Personal Liberty ^ | 3/2/2015 | Brandon Smith
    We are only two months into 2015, and it has already proven to be the most volatile year for the economic environment since 2008-2009. We have seen oil markets collapsing by about 50 percent in the span of a few months (just as the Federal Reserve announced the end of QE3, indicating fiat money was used to hide falling demand), the Baltic Dry Index losing 30 percent since the beginning of the year, the Swiss currency surprise, the Greeks threatening EU exit (and now Greek citizens threatening violent protests with the new four-month can-kicking deal), and the effects of the...
  • UK ministers issue spaceport shortlist

    03/03/2015 4:36:17 AM PST · by WhiskeyX · 5 replies
    BBC ^ | 3 March 2015 Last updated at 06:35 ET | Jonathan Amos, Science Correspondent
    The UK government has issued a shortlist of aerodromes that could host a UK The UK government has issued a shortlist of aerodromes that could host a UK spaceport. The list reduces the number of runways first suggested as candidates when last year's consultation got under way. Still in are Campbeltown, Glasgow Prestwick, and Stornoway in Scotland; Newquay in England and Llanbedr in Wales. RAF Leuchars is confirmed as a potential temporary facility. Ministers are keen to see the spaceport established by 2018. . The list reduces the number of runways first suggested as candidates when last year's consultation got...
  • Nearly 500 sign letter demanding that Ray Cross oppose Scott Walker's plan to restructure UW

    03/03/2015 2:00:04 AM PST · by Cincinatus' Wife · 8 replies
    The Chippewa Herald ^ | March 2, 2015 | PAT SCHNEIDER
    Five days after an open letter was posted online, the number of people at University of Wisconsin -- now including not only faculty, but staff, students and alumi -- demanding that UW System president Ray Cross oppose Gov. Scott Walker's plan to restructure UW in his budget rose to 484. Some 88 of them were at, or graduated from UW-Madison, where faculty were scheduled Monday to vote on a resolution asking Cross to delay restructuring. Seventy-four University of Wisconsin faculty members from campuses across the state signed an open letter to UW System president Ray Cross, “insisting in the strongest...
  • Walker: Budget will assist small businesses and farmers [Dems sit and pout]

    03/03/2015 1:25:25 AM PST · by Cincinatus' Wife · 7 replies
    NFIB ^ | March 2, 2015
    Wisconsin Gov. Scott Walker delivered his budget address in February, presenting a $68 billion, two-year spending plan that he said would “assist small businesses and farmers.” .... watch Walker’s speech
  • How Much More Economic Pain Can Vladimir Putin Take?

    03/03/2015 12:52:13 AM PST · by elhombrelibre · 22 replies
    Yahoo ^ | 2 Feb 15 | Matthew Philips
    It’s been a little more than six months since the full brunt of Western sanctions took force against Russia. The punishment, while slow in coming, has proven devastatingly effective—especially when paired with the crash in oil prices.
  • (Democrat Governor) Wolf wants Pennsylvania income, sales tax increase

    03/03/2015 1:07:25 AM PST · by prisoner6 · 26 replies
    Pittsburgh Post-Gazette ^ | March 3, 2015 | Karen Langley
    Gov. Tom Wolf is expected to call today for the Republican-controlled General Assembly to send him a budget that boosts state education funding and provides relief for school district property taxes while raising the rates of the sales and personal income taxes. His plan for doing so includes a proposal to raise the personal income tax rate in July 2015 from 3.07 percent to 3.7 percent, while increasing the eligibility for a poverty exemption, according to a briefing document prepared by the administration. He will propose increasing the state sales tax in July 2016 from 6 to 6.6 percent while...
  • $4.8M in gold bars stolen in armored truck heist on highway

    03/02/2015 8:51:09 PM PST · by Redcitizen · 51 replies
    AP ^ | 03-02-2015 | By MICHAEL BIESECKER
    RALEIGH, N.C. (AP) — Shortly after dusk along a lonely stretch of Interstate 95, armed robbers hijacked an armored truck, tied up the two guards and disappeared into the night with 275 pounds of gold bars.
  • A Tale Of Two Cities: Oakland Workers Celebrate Minimum Wage Hike As Business Owners Worry

    03/02/2015 6:42:48 PM PST · by Lonely Bull · 25 replies
    OAKLAND (KPIX 5) — The minimum wage in Oakland is about to become the highest in the Bay Area. Right now it’s $9/hour, but not for long. Thanks to voter-approved Measure FF, it will rise to $12.25/hour on Monday. But as this city’s minimum wage goes up, so go food prices. Most restaurants have said they’ll have to raise prices and cut worker hours. --SNIP-- But while Higginbotham can’t wait for the $12.25 hourly wage, small business owners like Sam Hori at 475 Café worry they may not survive. “It’s scary, because if things go down, we cannot to be...