Free Republic 4th Quarter Fundraising Target: $88,000 Receipts & Pledges to-date: $18,924
21%  
Woo hoo!! And the first 21% is in!! Thank you all very much!! God bless.

Business/Economy (News/Activism)

Brevity: Headers | « Text »
  • At Last, Republicans Make Their Case to Main Street

    02/07/2013 2:20:40 PM PST · by Kaslin · 14 replies
    Townhall.com ^ | February 7, 2013 | Michael Barone
    The House Republicans, in serious trouble with public opinion as they blinked facing the "fiscal cliff" over New Year's, seem suddenly to be playing a more successful game -- or rather, games -- an inside game and an outside game. The inside game can be described by the Washington phrase "regular order." What that means in ordinary American English is that you proceed according to the rules. Bills are written in subcommittee and committee and then go to the floor. When the House and Senate pass different versions -- likely when Republicans control the House and Democrats have a majority...
  • Findus admits frozen lasagne was made with 99% horsemeat and they don't know for how long

    02/07/2013 12:46:08 PM PST · by Perdogg · 46 replies
    Findus has tonight admitted that it has been selling packs of its popular frozen lasagne that were 99 per cent horsemeat. The news is the first time that it has been confirmed that horsemeat contamination of products sold in the UK has spread beyond beef burgers. There are concerns that the horse meat used in the lasagne contained the drug bute, which is a known human health risk. Findus was today unable to say how long horsemeat has been used in its products.
  • Obama Has Presided Over Weakest Multi-Year Economic Recovery Since WWII

    02/07/2013 12:18:32 PM PST · by Olog-hai · 4 replies
    Cybercast News Service ^ | February 7, 2013 | Matt Cover
    President Barack Obama has presided over the weakest multi-year economic recovery since the end of World War II, according to data from the Bureau of Economic Analysis (BEA). Since the end of the last recession in June 2009, the economy has grown only 7.5 percent—compared with the double-digit increases the economy experience in other multi-year post-World War II growth cycles. …
  • Dayton: Tax Cuts Caused Minn. Economic Problems

    02/07/2013 11:44:00 AM PST · by Son House · 31 replies
    Kttc.com ^ | Feb 06, 2013 | Patrick Condon
    Gov. Mark Dayton says in his State of the State speech that past state income tax cuts are partly to blame for chronic budget problems in Minnesota and that political leaders cannot afford to keep delaying difficult tax and spending decisions. Dayton is delivering the annual speech Wednesday night in the state House chamber. He says in advance excerpts provided by his office that income tax cuts in the late '90s were followed by a decade where Minnesota's economy fared worse than the nation as a whole and most other states. The speech is largely a pitch for Dayton's proposal...
  • NTSB questions Boeing’s 787 battery design and certification after short circuit

    02/07/2013 11:13:13 AM PST · by jazusamo · 30 replies
    Seattle Times ^ | February 7, 2013 | Dominic Gates
    A short circuit inside one cell started the 787 battery fire, and assumptions used to certify the battery system proved wrong, the NTSB said Thursday.The National Transportation Safety Board (NTSB) has pinpointed the start of the 787 Dreamliner battery fire on a parked Japan Airlines jet a month ago today as a short circuit inside a single cell. The agency still hasn’t identified the cause of the initial short circuit but has narrowed down the suspects. Details provided by the NTSB make clear that Boeing will have to redesign the battery for a long-term fix. In addition, the NTSB pointed...
  • Balanced Budget? Lower Taxes? Anyone Believe this Will Happen?

    02/07/2013 7:03:54 AM PST · by SeekAndFind · 11 replies
    Townhall ^ | 02/07/2013 | Michael Shedlock
    Government Executive reports House passes balanced budget bill. The House on Wednesday passed legislation that directs President Obama to submit a balanced budget plan to Congress this spring. The Require a Plan Act (H.R. 444) compels Obama to submit a supplemental budget by April 1 if his fiscal 2014 budget blueprint does not include a plan to balance the government’s books. That supplemental budget would outline a long-term deficit reduction strategy and timeline for balancing the budget. The chamber approved the legislation, shepherded by Rep. Tom Price, R-Ga., and the GOP leadership, after debating it Wednesday morning. The Democratic-controlled...
  • Jobless claims fall, trend reading at near five-year low

    02/07/2013 6:42:34 AM PST · by traumer · 51 replies
    Finance Search Thu, Feb 7, 2013, 9:19 AM EST - U.S. Markets open in 11 mins. Advertisement Advertisement Stock Watch Greenlight's Einhorn Sues Apple Over Cash Plans (See Story) Jobless claims fall, trend reading at near five-year low ReutersReuters – 41 minutes ago Email 1 Print Related Content A job seeker (R) meets with a prospective employer at a career fair in New York City, October 24, 2012. REUTERS/Mike SegarView Photo A job seeker (R) meets with a prospective employer at a career fair in New York City, October 24, 2012. REUTERS/Mike Segar WASHINGTON (Reuters) - The number of Americans...
  • U.S. productivity sinks 2% in fourth quarter

    02/07/2013 6:14:58 AM PST · by John W · 4 replies
    marketwatch.com ^ | February 7, 2013 | Jeffry Bartash
    WASHINGTON (MarketWatch) — U.S. businesses did not produce goods and services as efficiently at the tail end of 2012, the Labor Department said Thursday. Workers put in more time but companies barely increased their output. Productivity fell at a 2.0% annual rate in the October-to-December period, according to the agency’s preliminary assessment. The decline — the sharpest in almost two years — partly reverses a revised 3.2% gain in the third quarter. Economists surveyed by MarketWatch had expected productivity to fall 1.5%, largely because growth in the fourth quarter contracted and hours spent on the job increased.
  • Mark Levin: Obama Defies Federal Courts and Federal Law

    02/07/2013 5:34:49 AM PST · by sheikdetailfeather · 7 replies
    The Right Scoop ^ | 2/6/2013 | Mark Levin
    Mark Levin says that Obama has now created a constitutional crisis: We have a rogue board call the National Labor Relations Board. … Three people are sitting there unconstitutionally issuing opinions involving business and labor unions. The court ruled that they don’t have any power because Obama didn’t have the power to rule the Senate in recess and to make those appointments. Obama doesn’t have the power to change the welfare statute to eliminate work. Obama doesn’t have all kinds of power that he’s exercising. Neither does his bureaucracy over there at the EPA and so forth.
  • Iran's new stealth fighter jet under fire from critics

    02/07/2013 4:43:13 AM PST · by Daffynition · 31 replies
    BBC.com ^ | 2 February 2013 | Asher Moses
    Iran has unveiled a new home-made combat aircraft, which officials say can evade radar. The single-seat Qaher F313 (Dominant F313) is the latest design produced by Iran's military since it launched the Azarakhsh (Lightning), in 2007. President Mahmoud Ahmedinejad said it had "almost all the positive features" of the world's most sophisticated jets. He said the "development of the Iranian nation's military power is... for deterrence and defensive purposes".
  • President with no budget plan pleads with Congress to avoid sequestration

    02/07/2013 4:38:31 AM PST · by IbJensen · 10 replies
    GOP USA ^ | February 6, 2013 | McClatchy Washington Bureau Staff
    <p>WASHINGTON - President Barack Obama urged Congress on Tuesday to pass a package of modest cuts and tax changes as a way to delay drastic, across-the-board federal spending reductions that could harm the economy.</p> <p>But Obama's proposal would only postpone the $85 billion in automatic cuts, scheduled to take effect March 1, by a few months until a larger deal could be reached.</p>
  • Profound Weight of Layoffs Is Seen in Work Trends Survey

    02/07/2013 4:33:10 AM PST · by lbryce · 6 replies
    New York Times ^ | February 7, 2013 | CATHERINE RAMPELL
    Layoffs have touched nearly every American household in some fashion over the last few years, according to new survey data to be released Thursday by the John J. Heldrich Center for Workforce Development at Rutgers University. While about 8 percent of Americans are unemployed, nearly a quarter of Americans say they were laid off at some point during the recession or afterward, according to the survey. More broadly, nearly eight in 10 say they know someone in their circle of family and friends who has lost a job. “This to me is why the recession was so all-consuming and is...
  • Supermarkets cry foul as FDA proposes new food labeling rule under ObamaCare

    02/06/2013 7:37:01 PM PST · by Nachum · 30 replies
    Fox News ^ | 2/6/13 | Shannon Bream
    If the Food and Drug Administration gets its way, your trip to the grocery store could get a tad pricier. Supermarket owners argue a pending federal food-labeling rule that stems from the new health care law would overburden thousands of grocers and convenience store owners -- to the tune of $1 billion in the first year alone. (Snip) The rule stems from an ObamaCare mandate that restaurants provide nutrition information on menus. Most in the restaurant industry were supportive of the idea, but when the FDA decided to extend the provision to also affect thousands of supermarkets
  • Colombia reaches sustained production of over a million barrels of oil per day

    02/06/2013 7:59:07 PM PST · by JerseyanExile · 2 replies
    MercoPress ^ | February 5th, 2013
    Colombia announced that it produced an average of 1.01 million barrels of oil per day in January, marking the first time that average crude output for a month surpassed the one million-barrel mark that the government had set as a target for the country's oil industry. Last month's figure was more than 7% higher than the 944,000 barrels a day produced in January 2012, the Mines and Energy Ministry said in a statement. For all of 2012, average oil output stood at 940,000 barrels of oil per day, which represents a 3.16% increase from 2011. Colombia has seen its oil...
  • Mossberg expanding MVP series with new Patrol rifles

    02/06/2013 7:10:52 PM PST · by marktwain · 29 replies
    guns.com ^ | 5 February, 2013 | Max Slowik
    Mossberg is adding four new models of MVP—Mossberg Varmint Predator—rifles to their catalog for 2013. The new rifles make up the Patrol series, and are compact workhorse bolt guns chambered in 5.56 NATO and 300 AAC Blackout. Obviously marketed towards law enforcement and other civil servants that could use a good rifle, the MVP Patrol rifles will no doubt find homes with shooters of all types. The MVP is a Mossberg 4×4 that accepts AR-15 box magazines. Otherwise it’s a straightforward bolt-action rifle with eyes on simplicity and accuracy while still keeping costs down. The Patrol rifles differ from the...
  • The Nanny State and General Welfare

    02/06/2013 7:06:47 PM PST · by Tolerance Sucks Rocks · 9 replies
    Political Outcast ^ | February 6, 2013 | Eric Rauch
    An important point that is seldom made in modern political discourse is the uncreative nature of government. By this I mean that government, as an entity, does not and cannot create—it can only regulate. The governing documents of this country—the Constitution and the Bill of Rights—limit “government more than governments had ever been limited in any nation” prior. And for the first half of its 224-year existence, Leonard Read notes that: No citizen turned to government for help and for two reasons: (1) it had nothing on hand to give, and (2) it had not the power to take from...
  • New Coal Technology Harnesses Energy Without Burning, Nears Pilot-Scale Development

    02/06/2013 6:25:52 PM PST · by neverdem · 43 replies
    ScienceDaily ^ | Feb. 6, 2013 | NA
    COLUMBUS, Ohio—A new form of clean coal technology reached an important milestone recently, with the successful operation of a research-scale combustion system at Ohio State University. The technology is now ready for testing at a larger scale. For 203 continuous hours, the Ohio State combustion unit produced heat from coal while capturing 99 percent of the carbon dioxide produced in the reaction. Liang-Shih Fan, professor of chemical and biomolecular engineering and director of Ohio State’s Clean Coal Research Laboratory, pioneered the technology called Coal-Direct Chemical Looping (CDCL), which chemically harnesses coal’s energy and efficiently contains the carbon dioxide produced before...
  • Will Deep-sea Mining Yield an Underwater Gold Rush?

    02/06/2013 5:52:26 PM PST · by TigerLikesRooster · 21 replies
    National Geographic ^ | February 1, 2013 | Meghan Miner
    Will Deep-sea Mining Yield an Underwater Gold Rush? Some environmentalists say the lure of precious minerals threatens ocean life and local cultures. A mile beneath the ocean's waves waits a buried cache beyond any treasure hunter's wildest dreams: gold, copper, zinc, and other valuable minerals. Scientists have known about the bounty for decades, but only recently has rising demand for such commodities sparked interest in actually surfacing it. The treasure doesn't lie in the holds of sunken ships, but in natural mineral deposits that a handful of companies are poised to begin mining sometime in the next one to five...
  • Syracuse law would restrict employers' use of criminal background checks

    02/06/2013 4:39:43 PM PST · by Behind Liberal Lines · 17 replies
    Post Standard ^ | 2.6.13 | Tim Knauss
    SYRACUSE, N.Y. -- Two city councilors today proposed legislation that would make it illegal for any Syracuse employer to ask a job applicant whether he or she has been convicted of a crime -- unless the employer is ready to offer that applicant a job.... By deferring questions about past crimes until after a conditional job offer has been made, the law would give ex-convicts a better chance to impress potential employers, Bey said. “What we’re saying is, allow them an opportunity to demonstrate their talent,’’ he said.... Under the proposed law, an employee from the city’s department of neighborhood...
  • Ethiopia: Geo-thermal Power Expansion to Begin At Aluto-Langano

    02/06/2013 4:38:24 PM PST · by JerseyanExile · 2 replies
    All Africa ^ | Febuary 3, 2013 | Yetneberk Tadele
    Expansion work is to begin at the Aluto-Langano Geo-thermal Power Plant, in February, with the delivery of equipment to the site. The project, estimated to cost 35 million dollars, has already had 17 containers of materials delivered, with 10 more currently at the dry port, according to Miskir Negash, public relations officer of the Ethiopian Electric Power Corporation (EEPCo). The Corporation will also import 400tn of international standard cement over the coming few weeks, Miskir said. The expansion includes the digging of four wells, up to 2,500m deep, boosting Aluto-Langano's geo-thermal capacity to 70Mw; the total potential for the country...