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Business/Economy (News/Activism)

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  • 53 senators urge approval of Keystone XL pipeline

    01/23/2013 8:54:43 PM PST · by Olog-hai · 11 replies
    Associated Press ^ | Jan. 23, 2013 6:07 PM ET | Matthew Daly
    More than half the Senate on Wednesday urged quick approval of the Keystone XL oil pipeline, ramping up pressure on President Barack Obama to move ahead with the project just days after he promised in his inaugural address to respond vigorously to the threat of climate change. A letter signed by 53 senators said Nebraska Gov. Dave Heineman’s approval of a revised route through his state puts the long-delayed project squarely in the president's hands. “We urge you to choose jobs, economic development and American energy security,” the letter said, adding that the pipeline “has gone through the most exhaustive...
  • GEICO: Gun Manufacturer Auto Policy Cancelled...

    01/23/2013 5:51:26 PM PST · by kiryandil · 197 replies
    The Conservative Treehouse ^ | January 23, 2013 | sundance
    GEICO Insurance Cultural Marxist Hypocrisy – Gun Manufacturer Auto Policy Cancelled Because He Is In Firearm Business…. Because he makes gun parts for a living this policy holder received a letter from GEICO cancelling his auto insurance. The letter says his auto insurance is being cancelled because he owns a company that manufactures parts for firearms:(fyi, to insure the authenticity I have submitted a copy along with a request for verification to GEICO via email – we’ll see their response)“The reason for cancellation is your vehicle [...] does not meet our underwriting guidelines because it is used in conjunction with a...
  • Boycott of Harrisburg show over assault weapon ban snowballs

    01/23/2013 4:17:53 PM PST · by Second Amendment First · 14 replies
    Patriot News ^ | January 23, 2013 | David Wenner
    Rob Kaufhold's gut told him it would get "ugly" when the Eastern Sports and Outdoor Show banned the presence of assault rifles and high-capacity magazine rounds. The explosiveness of the gun control issue, and the power of social media, he believed, would assure that. His instincts were looking good Wednesday, as a growing list of vendors and celebrities announced they would boycott North America's largest outdoor show, which is set to begin Feb. 2 at the Farm Show Complex in Harrisburg. The owner of Lancaster Archery Supply said he quickly concluded outdoor enthusiasts would hold it against his business if...
  • Health Insurance Brokers Prepare Clients For Obamacare Sticker Shock

    01/23/2013 3:21:26 PM PST · by SeekAndFind · 17 replies
    Forbes ^ | 01/23/2013 | By Dr. Scott Gottlieb, M.D.
    A California insurance broker, who sells health plans to individuals and small businesses, told me that she’s prepping her clients for a sticker shock. Her local carriers are hinting to her that premiums may triple this fall, when the plans unveil how they’ll billet the full brunt of Obamacare’s new regulations and mandates. California is hardly alone. Around the country, insurers are fixing to raise rates by double digits. They’re privately briefing politicians in Washington on what’s in store. Those briefings are leaving a lot of folks up and down Pennsylvania Avenue jumpy. What’s gives? President Obama, after all, said...
  • Unnamed Justin Bieber spokesperson tries to distance star from mom over abortion

    01/23/2013 3:20:56 PM PST · by NYer · 16 replies
    Life Site News ^ | January 22, 2013 | BEN JOHNSON
    Justin Bieber with his mom, Pattie Mallette. HOLLYWOOD, January 22, 2013, ( – An anonymous "longtime associate" of teen idol Justin Bieber has implied there is a split between the star and his mother over the issue of abortion. His mother, Pattie Mallette, recently signed on as executive producer of Crescendo, a film that promotes the pro-life message by presenting the life of Ludwig van Beethoven. She is also trying to raise $10 million to benefit crisis pregnancy centers, like the one that saved Justin's life. The unnamed source told the Chicago Sun-Times on Sunday that “Justin just is very...
  • Olympic gold medalist Jamie Gray says 'no' to Eastern Sports and Outdoor Show

    01/23/2013 3:00:56 PM PST · by Second Amendment First · 13 replies
    Patriot News ^ | January 23, 2013 | Shelly Stallsmith
    Lebanon’s Jamie Gray has joined the ever-growing list of people and companies boycotting the Eastern Sports and Outdoor Show. The Olympic gold medalist in air rifle made the announcement on her Facebook page on Wednesday. She said: “I want to thank all of you for your concern regarding my participation at the Eastern Sports and Outdoor Show. It was with great honor that I originally accepted the invitation to participate in the Eastern Sports and Outdoor Show. My purpose in attending this show in year’s past has always been to help provide a deeper knowledge and understanding for the Olympic...
  • Is this the Answer to the Rising Cost on Employers?

    01/23/2013 2:03:09 PM PST · by Kaslin · 9 replies ^ | January 23, 2013 | Mike Shedlock
    The federal Minimum wage in the US is $7.25 per hour. Ten states have higher minimum wages with Rhode Island clocking in 50 cents higher at $7.75. Costs to the employer are higher of course, even if the employer ducks benefits by using part-time workers. For starters, employer contributions to Social Security are 6.2% of hourly wages which adds another 45 cents to employer costs. That brings employer costs up to $7.95 per hour minimum, not counting training costs, vacation (if any), sick-time disruptions, and other such costs. Of course, employers must also factor in the cost of Obamacare. Small...
  • Cities Declare War on Food Trucks

    01/23/2013 1:49:23 PM PST · by PJ-Comix · 57 replies
    The American Interest ^ | January 22, 2013 | Walter Russell Mead
    Food trucks have become the hottest new industry, yet many cities are doing everything they can to stop them in their tracks. In city after city, lawmakers are imposing complicated regulations on food trucks and other street vendors, often in the name of consumer safety, which make it nearly impossible for vendors to actually operate their trucks. Chicago’s regulations are particularly onerous, as Reason reports: According to the Chicago Tribune, 109 would-be purveyors of mobile cuisine have applied for licenses, but the city hasn’t seen fit to OK any of them. Among the requirements they may be having difficulty meeting:
  • Helping People Help Themselves

    01/23/2013 1:29:34 PM PST · by Kaslin · 1 replies ^ | January 23, 2013 | Rich Tucker
    In Washington, the best way to get good press is to announce you’re leaving. Case in point: Sen. John D. Rockefeller IV (call him Jay), D-W.Va., is stepping down when his term ends. And The Washington Post makes haste to bring him laud. “Jay Rockefeller wasn’t ever going to be just some Democratic senator from West Virginia,” writes Manuel Roig-Franzia. The story intimates this is because Rockefeller, as an heir to a vast fortune earned through unbridled capitalism, needed to make amends. “He found a way to be a Rockefeller that was about serving people,” the senator’s longtime political adviser,...
  • Bull Argument

    01/23/2013 12:41:20 PM PST · by Kaslin · 3 replies ^ | January 23, 2013 | Charles Payne
    If the market had opened Monday it could have been rough sledding as President Obama came out swinging on taxes and entitlements and on grand global themes like the need for America to save the world from climate change. These things sound expensive and are drags on the economy. President Obama went on to say: "They do not make us a nation of takers. They free us to take the risks that make this country great." He was referring to Medicare, Medicaid and Social Security, although I guess alluding to welfare, food stamps and all the other programs and freebies that...
  • ESOS Boycott Supporters

    01/23/2013 12:31:31 PM PST · by marktwain · 10 replies ^ | 23 January, 2013 | NA
    Here is a list of celebrities, sponsors, and vendors who have pulled out of the Reed Exhibits Eastern Sports and Outdoors Show in Harrisburg, PA for 2013. The show was set to run from Feb 2-10, 2013 and usually attracted hundreds of thousands of visitors. Please Also Remember – Going Live on Feb 2nd – The Start of The Eastern Sports and Outdoors Show – My Northeast classifieds will go live to the public. We will be providing any vendor who has pulled out of the show a FREE centrally located marketplace to sell their items, products, services, etc....
  • House votes to push debt limit deadline to mid-May

    01/23/2013 11:35:19 AM PST · by John W · 41 replies ^ | January 23, 2013 | Michael O'Brien
    The House of Representatives authorized a suspension of the nation’s debt limit through mid-May, delaying a default on the government’s obligations that would have taken effect in February. The GOP-controlled House voted 285 to 144 to comfortably pass a three-month extension in the government’s borrowing authority just as Senate Democratic leaders suggested they would take up and pass the legislation as soon as they could. The vote early Wednesday afternoon by the House would forestall a default on the national debt. The Treasury Department had warned that the government would exhaust its authority to borrow to finance its existing obligations...
  • Medicaid eyed for all ex-cons in NYS

    01/23/2013 11:22:39 AM PST · by GlockThe Vote · 14 replies
    NY Post ^ | 1/23/2013 | Carl Campanile
    Gov. Cuomo’s administration is launching an aggressive plan to sign up thousands of ex-cons for taxpayer-financed Medicaid, which they’ll receive once they leave prison, The Post has learned. Under the initiative, all inmates would automatically apply for the public health insurance for the needy while incarcerated, state Department of Health officials said. Those who meet the income requirements will be placed on the Medicaid rolls upon discharge. Critics say the plan offers no incentive for convicted felons to find work after lockup.
  • Django Unchained: a surprise hit with America's pro-gun lobby [Duh!]

    01/23/2013 10:42:14 AM PST · by Red Badger · 19 replies
    Guardian UK ^ | Wednesday 23 January 2013 06.32 EST | Ben Child
    Quentin Tarantino's latest film is being seen as a vehicle for the pro-gun movement in the US to rally African American support It is on course to be its director's highest-grossing film and has been nominated for five Oscars. But one rightwing US group sees an opportunity in Quentin Tarantino's anti-slavery polemic Django Unchained that the film-maker is unlikely to have imagined when he wrote it: promoting the importance of gun ownership rights to African American audiences. Political Media, which recently raised eyebrows in the US in the wake of the Newtown, Connecticut shootings with the launch of a controversial...
  • Obama's 'Untouchables:' How The Most Powerful Wall Street Execs Escaped Prosecution

    01/23/2013 8:50:40 AM PST · by SeekAndFind · 27 replies
    Business Insider ^ | 01/23/2013 | Glenn Greenwald, The Guardian
    PBS' Frontline program on Tuesday night broadcast a new one-hour report on one of the greatest and most shameful failings of the Obama administration: the lack of even a single arrest or prosecution of any senior Wall Street banker for the systemic fraud that precipitated the 2008 financial crisis: a crisis from which millions of people around the world are still suffering. What this program particularly demonstrated was that the Obama justice department, in particular the Chief of its Criminal Division, Lanny Breuer, never even tried to hold the high-level criminals accountable. What Obama justice officials did instead is exactly...
  • Eastern Sports and Outdoor Show doomed

    01/23/2013 8:28:21 AM PST · by marktwain · 42 replies ^ | 23 January, 2013 | GSL
    Did you have plans for attending the grand-daddy of sports and outdoor shows, the Eastern Sports and Outdoor Show held in Harrisburg, PA in February? You might want to reconsider. The show’s promoters have banned all references to America’s favorite rifle, the AR-15 and those like it. This is the announcement from their website (you can Google it, but we’re not putting any links, hot or not, to the ESOS website): As a hunting-focused event, we welcome exhibitors who wish to showcase products and firearms that serve the traditional needs of the sport. Clearly, we strongly support the 2nd Amendment....
  • No decision yet from Progress Energy on crippled Crystal River nuclear power plant [FL]

    01/23/2013 8:22:53 AM PST · by Red Badger · 14 replies | 3:12 PM, Jan 7, 2013 | Dave Heller
    Link only.......
  • Unions suffer steep decline in membership

    01/23/2013 8:19:02 AM PST · by Olog-hai · 21 replies
    Associated Press ^ | Jan 23, 2013 10:15 AM EST | Sam Hananel
    The nation’s labor unions suffered sharp declines in membership last year, led by losses among public sector workers in cash-strapped states, cities, counties and towns. The Bureau of Labor Statistics says the unionization rate fell from 11.8 percent to 11.3 percent of all workers, the lowest level since the 1930s. …
  • Boeing Dreamliner fires spark new doubts about a green energy technology

    01/23/2013 8:14:54 AM PST · by libstripper · 9 replies
    Wasington Examiner ^ | January 23, 2012 | Richard Pollock
    When Federal Aviation Administration officials grounded Boeing's fleet of 787 Dreamliner commercial jets last week due to unexplained battery fires, one of President Obama's favorite green energy technologies got another black eye. Technologists and safety experts had long warned of problems with the lithium ion battery when in 2009 the president began betting billions of tax dollars that it should be the green power of choice for cars, trucks, and even aircraft.
  • California’s One-Man Laffer Curve

    01/23/2013 7:50:53 AM PST · by Kaslin · 12 replies ^ | January 23, 2013 | Daniel J. Mitchell
    I’ve already condemned the foolish people of California for approving a referendum to raise the state’s top tax rate to 13.3 percent. This impulsive and misguided exercise in class warfare surely will backfire as more and more productive people flee to other states – particularly those that don’t impose any state income tax.We know that people cross state borders all the time, and it’s usually to travel from high-tax states to low-tax states. And we’ve already seen some evidence that the state’s new top tax rate is causing a loss of highly valued jobs.This mobility of labor and talent is...