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Business/Economy (News/Activism)

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  • Big U.S. firms hold $2.1 trillion overseas to avoid taxes: study

    10/06/2015 9:18:54 PM PDT · by TigerClaws
    The 500 largest American companies hold more than $2.1 trillion in accumulated profits offshore to avoid U.S. taxes and would collectively owe an estimated $620 billion in U.S. taxes if they repatriated the funds, according to a study released on Tuesday. The study, by two left-leaning non-profit groups, found that nearly three-quarters of the firms on the Fortune 500 list of biggest American companies by gross revenue operate tax haven subsidiaries in countries like Bermuda, Ireland, Luxembourg and the Netherlands. Citizens for Tax Justice and the U.S. Public Interest Research Group Education Fund used the companies' own financial filings with...
  • Equipment from former KiOR plant sold (BioFuel Scam)

    10/06/2015 8:29:18 PM PDT · by TigerClaws · 4 replies
    COLUMBUS, Miss. (WTVA) -- The equipment of biofuel company KiOR has been sold. Lowndes County officials announced the sale Monday morning. REG Energy of Indiana spent $1.7 million to purchase the hydrostater at the site. The company, which manufactures biofuel from natural fats and grease, will move the equipment to a site in Indiana. - See more at:
  • German-Americans - The silent minority

    10/06/2015 6:49:47 PM PDT · by 2ndDivisionVet · 37 replies
    The Economist ^ | February 7, 2015
    America’s largest ethnic group has assimilated so well that people barely notice it.KOHLER, WISCONSIN - ON A snow-covered bluff overlooking the Sheboygan river stands the Waelderhaus, a faithful reproduction of an Austrian chalet. It was built by the Kohler family of Wisconsin in the 1920s as a tribute to the homeland of their father, John Michael Kohler, who had immigrated to America in 1854 at the age of ten. John Michael moved to Sheboygan, married the daughter of another German immigrant, who owned the local foundry, and took over his father-in-law’s business. He transformed it from a maker of ploughshares...
  • Planned Parenthood Claims to Help Black Women, While Profiting Off the Murder of Black Babies

    10/06/2015 6:02:41 PM PDT · by markomalley · 8 replies
    Patheos ^ | 10/5/15 | Stacey Dash
    Last week Planned Parenthood held a press conference to remind the world just how much they care about African Americans.  They claim to provide “vital reproductive and sexual health care services” for black women.But as I have written about before, their “vital” work actually means they are aborting a disproportionate number of black babies and profiting from charging their mothers for the abortion and then selling their body parts.Life News breaks down the real statistics behind Planned Parenthood’s claims: However, their “vital” work is much more than providing birth control and manual breast exams, which is what the mainstream media would like...
  • Fed official: Strong economy nears full employment and higher interest rates

    10/06/2015 5:10:53 PM PDT · by ForYourChildren · 44 replies
    San Jose Mercury News ^ | 10/06/2015 | George Avalos
    SAN FRANCISCO -- The U.S. economy is nearing full employment, setting the stage to ease some of the stimulus from low interest rates that's been the foundation of the nation's monetary policy, a key member of the Federal Reserve told a gathering in San Francisco on Tuesday. "Looking forward, I expect we will reach our maximum employment mandate in the near future and inflation will gradually move back to our 2 percent goal," John Williams, president of the Federal Reserve Bank of San Francisco, said to the Urban Land Institute conference. That could potentially point to a change in the...
  • ‘It’s About Money’: Documents Reveal How Grieving Military Families Were Manipulated For Bottom...

    10/06/2015 4:53:10 PM PDT · by markomalley · 6 replies
    Daily Caller ^ | 10/6/15 | Jonah Bennett
    Newly released internal documents show that Prudential Insurance encouraged employees to manipulate grieving military families into leaving lump-sum insurance payouts with the company.“It’s About Money,” reads a subtitle from the documents, released last week as part of a class-action lawsuit.The policy documents detail strategies to boost company profits by persuading families to leave payout funds with Prudential for management purposes. The company offered employee training specifically to address the case of bereaved family members desiring to take a lump sum rather than leaving the payout with Prudential to manage.A second internal document indicated that this arrangement — leaving the lump...
  • Toys ‘R’ Us Forces U.S. College Grads To Train Their H-1B Foreign Replacements

    10/06/2015 4:31:02 PM PDT · by TigerClaws · 41 replies
    Toys “R” Us is the latest in a string of U.S. companies that has been caught forcing their American employees to train foreign college-grads to take the Americans’ jobs, via a process known as “knowledge transfer.” An expose by the New York Times revealed in detail how the renowned children’s toy-chain brought in eight workers from the global outsourcing company Tata Consultancy Services (TCS). The Indians shadowed employees, mainly in accounting, and produced intricate manuals for TCS workers in India to take over these jobs. By late June, the jobs had been transferred overseas and 67 employees had been laid...
  • With Troops On the Ground, Did Russia Just Take Over OPEC?

    10/06/2015 3:00:59 PM PDT · by Hojczyk · 21 replies
    Real Clear Markets ^ | October 6,2015 | Mark Mills
    Here's the rub: A new normal price of even $60 remains economically devastating for OPEC at large, for the Middle East, and, in particular, for Russia. But a $60 price (it's still $45 at press time) would re-ignite a profit-seeking land rush in America's shale fields. Russian oil experts likely remember that the rise of America's shale began when oil was below $60. And it was wildly profitable back then with technology and techniques that were half as efficient as those now available. Thus the emerging global petroleum pricing problem for Russia is severely constrained by the sheer quantity of...
  • Historic Pacific trade deal faces skeptics in U.S. Congress

    10/06/2015 1:52:55 PM PDT · by Mariner · 28 replies
    Reuters ^ | October 6th, 2015 | By Krista Hughes and Kevin Krolicki
    welve Pacific Rim countries on Monday reached the most ambitious trade pact in a generation, aiming to liberalize commerce in 40 percent of the world's economy in a deal that faces skepticism from U.S. lawmakers. The Trans-Pacific Partnership (TPP) pact struck in Atlanta after marathon talks could reshape industries, change the cost of products from cheese to cancer treatments and have repercussions for drug companies and automakers. Tired negotiators worked round the clock over the weekend to settle tough issues such as monopoly rights for new biotech drugs. New Zealand's demand for greater access for its dairy exports was only...
  • New York and New Jersey drivers pay nearly one-third of all U.S. tolls, report says 

    10/06/2015 1:50:32 PM PDT · by lowbridge · 36 replies ^ | october 6, 2015 | brittnay robins
    New York and New Jersey drivers account for nearly one-third of all toll revenues amassed across the U.S., a new report says. Drivers in New York and New Jersey pay the heftiest price for their commutes — accounting for almost one-third of all tolls collected across the U.S., a new report says. The report, which was released by the International Bridges, Tunnels and Turnpike Association, indicated that drivers in the two states forked over an astounding $4 billion of the $13 billion in tolls accrued across the country. “The primary reason (for New York and New Jersey drivers paying the highest...
  • Russia to meet with Oil Producers to address the low price of oil.

    10/06/2015 12:29:38 PM PDT · by 100American · 18 replies ^ | OCTOBER 6TH, 2015 | DR. KENT MOORS
    Over the weekend, Russian Energy Minister Alexander Novak announced that Moscow is ready to meet with both OPEC and other oil producers to address the low price of oil. For the first time in nearly 11 months, geopolitics is likely to give support to higher crude, and oil prices saw a new push. Ever since OPEC decided last Thanksgiving to defend market share rather than price, crude has been in a swoon. That has had a major negative impact on countries relying upon the sale of oil to balance their central budgets. All producing countries have been affected as oil...
  • State approves 27% Obamacare rate hike for HMSA; 34% for Kaiser

    10/06/2015 11:10:07 AM PDT · by Jyotishi · 12 replies
    Honolulu Star-Advertiser ^ | Monday, October 05, 2015 | Kristen Consillio
    The state approved a 27.3 percent rate hike for Hawaii Medical Service Association members and 34.4 percent increase for Kaiser members in Obamacare plans for 2016. HMSA, the state's largest health insurer, had proposed an average 49.1 percent rate hike -- the highest it has ever requested -- for 20,935 members in Obamacare plans next year. . . .
  • Perth electrical engineer’s discovery will change climate change debate

    10/06/2015 10:54:05 AM PDT · by Sgt_Schultze · 83 replies
    Joanne Nova ^ | 4 Oct 2015 | Miranda Devine
    A MATHEMATICAL discovery by Perth-based electrical engineer Dr David Evans may change everything about the climate debate, on the eve of the UN climate change conference in Paris next month. A former climate modeller for the Government’s Australian Greenhouse Office, with six degrees in applied mathematics, Dr Evans has unpacked the architecture of the basic climate model which underpins all climate science. He has found that, while the underlying physics of the model is correct, it had been applied incorrectly. He has fixed two errors and the new corrected model finds the climate’s sensitivity to carbon dioxide (CO2) is much...
  • Volkswagen CEO warns of huge cuts over scandal: Employees warned of mass layoffs

    10/06/2015 10:44:28 AM PDT · by Timber Rattler · 43 replies ^ | October 6, 2015 | Mark Thompson
    Volkswagen will have to make massive savings to cope with the huge cost of its emissions cheating scandal. That was the stark message delivered to more than 20,000 Volkswagen employees by the group's new chief executive, Matthias Mueller, at a meeting in Germany on Tuesday. A former Porsche chief, Mueller took over as CEO of the giant automaker after Martin Winterkorn stood down when it became clear the group had cheated emissions tests on as many as 11 million diesel vehicles worldwide. Mueller said Volkswagen would survive, but warned the road to recovery would be painful. "We must make massive...
  • Islamic halal economy set to grow

    "Dubai (AFP) - The halal economy is set to grow as the world's Muslim population expands and more products are certified to comply with Islamic sharia law, experts said on Tuesday. The range of halal products, from goods not containing pork or alcohol to financial and tourism services, is rising as the global Muslim population grows."
  • TX:.22 Ammunition in WalMart, 5 Cents a Round

    10/06/2015 9:50:36 AM PDT · by marktwain · 31 replies
    Ammoland ^ | 6 October, 2015 | Dean Weingarten
    Is the .22 bubble finally bursting? I have, with many others, been watching WalMart for .22 ammunition. It is a good indicator that demand may be saturating, and prices dropping. For two years, the availability of .22 long rifle ammunition in WalMart stores has been very spotty. They have had a “3 boxes per customer limit” for most of that period. When .22 ammunition comes in, it is snapped up by the first few customers; then the shelves are bare until the next shipment, which usually happens a week or more later. On September 30th, in a Dallas WalMart near...
  • 25 Years After Reunification, Germany Faces Many Challenges

    10/06/2015 9:44:48 AM PDT · by 2ndDivisionVet · 8 replies
    The World Post ^ | October 6, 2015 | Jürgen Klöckner, Tobias Böhnke and Sophia Maier
    On Saturday, Oct. 3, Germany celebrated 25 years of unification -- but many Germans are finding it difficult to celebrate. Many have lost faith in politics, pensions are in a precarious position, and "concerned citizens" are rendering opinion columns and the streets unsafe. We asked Germans from the fields of science, politics and economics to identify the most significant problems the country is facing 25 years after unification, and how they think they should be addressed. Here's what they said: Michael Müller, Governing Mayor of Berlin "Twenty-five years after unification, the union is no longer marked by problems. On the...
  • Why Jeff Bezos, Peter Thiel, and others are betting on fusion

    10/06/2015 9:04:02 AM PDT · by AZLiberty · 16 replies
    Fortune ^ | September 28, 2015 | Brian Dumain
    The energy source has been long on promise and short on reality. Now private companies think they can succeed where the government has failed. For more than half a century governments around the world have been trying to solve the challenge of nuclear fusion. In theory it could provide a cheap, clean, and almost boundless source of energy. Consider this: One tablespoon of liquid hydrogen fuel—a mix of deuterium and tritium—would produce the same energy as 28 tons of coal. But smashing two hydrogen atoms together at 100 million degrees centigrade to create a fusion reaction has proved to be...
  • This investor is chasing a new kind of fusion

    10/06/2015 8:56:26 AM PDT · by AZLiberty · 42 replies
    Fortune ^ | September 27, 2015 | Brian Dumaine
    A prominent North Carolina investor is backing a new kind of fusion that operates at much lower temperatures than thought possible, which would make it easier to commercialize. So far the early results show promise. Tom Darden, the founder and CEO of the $2.2 billion private equity fund Cherokee Investment Partners, made his mark by acquiring and cleaning up hundreds of environmentally contaminated sites. Today he is also an early stage investor in clean technology, having put his own money into dozens of companies in areas ranging from smart grid to renewable energy, and prefab green buildings. More recently he’s...
  • Trans-Pacific Partnership deal, the biggest threat to internet, signed (Internet Censorship)

    10/06/2015 7:53:59 AM PDT · by Enlightened1 · 5 replies
    The Times of India ^ | 10/06/15 | Andrew Griffin
    An agreement that some campaigners have called the "biggest global threat to the internet" has just been signed, potentially bringing huge new restrictions on what people can do with their computers. The Trans-Pacific Partnership is the conclusion of five years of negotiations, and will cover 40% of the world's economy. Its claimed purpose is to create a unified economic bloc so that companies and businesses can trade more easily — but it also puts many of the central principles of the internet in doubt, according to campaigners. One particularly controversial part of the provisions make it a crime to reveal...
  • Data Transfer Pact between EU and USA ruled invalid - Privacy protection related headache for US biz

    10/06/2015 7:53:06 AM PDT · by MarchonDC09122009 · 12 replies
    The NY Times ^ | 10/06/2015 | Mark Scott
    <p>Europe’s highest court on Tuesday struck down an international agreement that had made it easy for companies to move people’s digital data between the European Union and the United States.</p> <p>The ruling, by the European Court of Justice, could make it more difficult for global technology giants — including the likes of Amazon and Apple, Google and Facebook — to collect and mine online information from their millions of users in the 28-member European Union.</p>
  • On Taxes, Trump Is No Reagan: What About The Spending Side Of The Budget?

    10/06/2015 7:27:02 AM PDT · by SeekAndFind · 23 replies
    National Review ^ | 10/06/2015 | James Capretta
    President Ronald Reagan is invoked incessantly by conservative commentators and politicians, but never more so than when the subject is taxes. And so it was when Donald Trump released his plan for tax reform. Several conservative commentators have done Trump a favor (and the public a disservice) by vouching for the legitimacy of the plan and saying it is very much in the Reagan tradition. That gives Trump far too much credit. His tax plan bears a superficial resemblance to Reagan’s agenda, but Reagan would never have proposed something so transparently infeasible. Reagan is invoked too casually on taxes both...
  • If Your Town Is Failing, Just Go: A prescription for impoverished communities

    10/06/2015 7:23:49 AM PDT · by SeekAndFind · 27 replies
    National Review ^ | 10/06/2015 | Kevin D. Williamson
    The town where my parents grew up and where my grandparents lived no longer exists. Phillips, Texas, is a ghost town. Before that it was a company town, a more or less wholly owned subsidiary of the Phillips Petroleum Company. Phillips had already lost a great deal of its population as highway improvements sent residents off to the relative urban sophistication of Borger, and there were fewer than 2,000 people living there in 1980 when an explosion at the refinery destroyed practically all of the town’s economic infrastructure, along with a fair number of houses. Phillips, Inc., in the end...
  • Trio Of Academics Travel 8,426 Miles For ONE-HOUR Climate Change Meeting

    10/06/2015 7:17:54 AM PDT · by rktman · 14 replies ^ | 10/6/2015 | Eric Owens
    Two taxpayer-funded college presidents and the president of America’s largest university-based climate alliance traveled a combined 8,426 miles this week to meet for slightly over an hour to discuss strategies for carbon reduction. The “climate leadership meeting” occurred on Monday at Agnes Scott College, a private, all-female bastion of about 1,000 students in the Atlanta suburb of Decatur. The meeting lasted one hour, seven minutes and 21 seconds, according to the YouTube video which captured it for posterity. Speakers at the meeting included Ball State University president Paul Ferguson, Portland State University president Wim Wiewel and Tim Carter, the president...
  • Sharyl Attkisson: Democrats and African-Americans Tell Me They’re Voting for Trump (Video)

    10/06/2015 7:16:42 AM PDT · by Enlightened1 · 66 replies
    Gateway Pundit ^ | 10/05/15 | Jim Hoft
    Investigative reporter Sharyl Attkisson told Sean Hannity tonight that several Democratic friends are voting for Donald Trump this year. Some of those people – People aren’t really talking much about this, are actually interested in Donald Trump. Again, I’ve had friends who normally vote Democrat, including women Democrats and African-Americans tell me that they’re crossing over to vote for Trump this year. So, I think anything is possible. Via Hannity:
  • John Kasich renews push for strict “green energy” mandates

    10/06/2015 7:14:09 AM PDT · by SeekAndFind · 24 replies
    Hotair ^ | 10/06/2015 | Jazz Shaw
    When he’s not running for president, Ohio Governor John Kasich is still busy managing the affairs of his state. One of his many duties came to light this week when Kasich came out once again in favor of “unfreezing” the state’s green energy mandates and even pushing for steeper demands on energy consumers. Much of this effort is being driven under the auspices of the curiously named “Ohio Conservative Energy Forum.” (OCEF) At a quick glance, it’s rather difficult to see what is “conservative” about either the group or the policies being pushed forward by the governor. (Fox News)...
  • El Faro owners say mechanical failure left cargo ship adrift amid Hurricane Joaquin

    10/06/2015 6:33:38 AM PDT · by WhiskeyX · 43 replies
    FoxNews ^ | October 06, 2015 | FoxNews
    The owners of a cargo ship that disappeared Thursday with 33 people on board as Hurricane Joaquin raged said the ship's captain had planned to skirt the storm, but was prevented from doing so by a mechanical failure that left the boat adrift in the path of the power storm. Phil Greene, president and CEO of ship owner Tote Services Inc., told the Associated Press the captain of the El Faro, whose name has not been released, had conferred with her sister ship — which was returning to Jacksonville, Fla. along a similar route — and determined the weather was...
  • UN releases draft agreement on climate change

    10/06/2015 5:56:48 AM PDT · by rktman · 18 replies ^ | 10/5/2015 | unknown
    The United Nations on Monday released a first draft of the negotiating text for the major conference on climate taking place in Paris in December. The document is a step forward for the talks, slimming down the text from more than 90 pages earlier this year to just 20. Negotiators from 195 countries are to gather for a new session of talks Oct. 19-23 in Bonn, Germany.
  • Trans-Pacific Partnership Deal Faces Populist Backlash

    10/06/2015 5:44:46 AM PDT · by expat_panama · 29 replies
    Investors Busniness Daily ^ | 10/05/2015 | JED GRAHAM
    The biggest trade agreement since NAFTA has run into the most populist presidential campaign in memory. It's a sure bet that sparks will fly. What's not clear is when the 12-nation Trans-Pacific Partnership linking 40% of global GDP and 800 million consumers will come to a vote in Congress — it might have to wait until after the election — much less whether it will pass. After five years of negotiations, trade officials sealed the deal in Atlanta on Monday, but the reception wasn't exactly celebratory. Populism Rises On Left, Right Trade ministers from the twelve Trans-Pacific Partnership member countries...
  • Judge orders GAB to turn over emails with liberal groups (WI)

    10/06/2015 3:39:51 AM PDT · by afraidfortherepublic · 10 replies
    Wisconsiin Watchdog ^ | 10-4-15 | M. D. Kittle
    Part 254 of 252 in the series Wisconsin's Secret War MADISON, Wisconsin — A Waukesha County judge has ordered the state Government Accountability Board to turn over communications it had with liberal political groups. The GAB last month had argued against the release to the conservative targets of the unconstitutional John Doe investigation. But Waukesha County Judge Lee Dreyfus Jr. on Friday declared the GAB’s communications to and from the left-leaning groups, although shielded from public consumption at this point, must be turned over to the conservative plaintiffs in a lawsuit against the agency. Long-time political activist Eric O’Keefe and...
  • Don't microwave sausage rolls - it'll upset other faiths! New guidelines...

    10/06/2015 2:40:57 AM PDT · by markomalley · 20 replies
    Daily Mail ^ | 10/5/15 | David Wilkes
    It may seem an innocent enough act to warm up your sausage roll in the microwave during lunch hour. But think again, because doing so could seriously upset colleagues of certain faiths, new guidelines on the etiquette of using communal kitchens at work suggest. Similarly, it would also be advisable to avoid keeping bacon rolls in a fridge shared with people whose religious beliefs prohibit them from eating pork. Adam Dinham, professor of faith and public policy at Goldsmiths, University of London, has drawn up a religious literacy programme due to be presented to employers this week. He said: ‘The...
  • Are Apple and Facebook bad for democracy?

    10/05/2015 10:08:47 PM PDT · by Swordmaker · 29 replies
    Computerworld ^ | October 5, 2015 | By Mike Elgan
    Apple and Facebook are asserting themselves as gatekeepers of necessary information to the public. Can we trust them? We're trying to have a democracy here, and ideally an informed one. Nowadays, however, almost everyone is too distracted with their smartphones to muster the attention span to put up with reading a newspaper or news magazine delivered by a publisher, or even watching TV news. Instead, we get news through apps and on social networks. The biggest source of apps in the U.S. and the biggest social network are Apple's App Store and Facebook, respectively. This trend transfers the job of...
  • Trade deal looms large for 2016

    10/05/2015 9:40:01 PM PDT · by Mariner · 8 replies
    The Hill ^ | October 5th, 2015 | By Peter Schroeder
    The 2016 presidential field is all over the map when it comes to a massive trade agreement recently struck between the U.S. and 11 other Pacific Rim nations. Negotiators announced finalized terms for the Trans-Pacific Partnership (TPP) Monday, concluding nearly six years of talks. Congress will have the chance early next year to vote on the trade deal, but the accord already looms large in the race to replace President Obama. The reaction from the 2016 field to the trade talks has been a complex one. Democrats have felt significant pressure from environmental groups and labor unions fiercely opposed to...
  • Back to hardcore socialism (Great Britain and America)

    10/05/2015 8:22:48 PM PDT · by 2ndDivisionVet · 9 replies
    Gulf News' Thinkers ^ | October 5, 2015 | Professor Ian Buruma, Bard College
    The remarkable thing about Jeremy Corbyn, the hard-left outsider who stunned the British establishment by capturing the leadership of the Labour Party, is not his alleged lack of patriotism. Whether he wishes to sing God Save the Queen at public events seems a rather trivial matter. The remarkable thing about his brand of leftism is how reactionary it is. Corbyn is an old-fashioned socialist who would like to soak the rich and put transport and utilities back under state control. His rhetoric of class war suggests a complete break with mainstream social democracy. Postwar European social democracy was always a...
  • Trump Declares War On Obamatrade: ‘Time To Send A Real Businessman’ To White House To End This

    10/05/2015 3:54:23 PM PDT · by Enlightened1 · 43 replies
    Breitbart ^ | 10/05/15 | Matthew Boyle
    GOP frontrunner Donald Trump is hammering President Barack Obama, his administration and Congress for completely failing the American worker when it comes to trade policy—whacking the Trans Pacific Partnership (TPP) trade pact with 12 Pacific Rim nations that the Obama just finalized in Atlanta as a deal that jeopardizes U.S. jobs. “The incompetence and dishonesty of the President, his administration and—perhaps most disturbing—the Congress of the United States are about to place American jobs and the very livelihoods of Americans at risk,” Trump tells Breitbart News in an exclusive statement reacting to the news that the president and his negotiators...
  • **Photo and Video Available** Coast Guard holds press conference for missing container ship

    10/05/2015 2:49:25 PM PDT · by WhiskeyX · 14 replies
    U.S. Coast Guard, 7th Coast Guard District ^ | October 05, 2015 | U.S. Coast Guard, 7th Coast Guard District
    Coast Guard Capt. Mark Fedor responds to questions during a press conference for search-and-rescue operations for a missing container ship, El Faro, at Coast Guard Air Station Miami, Oct. 5, 2015. Thirty-three people were aboard the El Faro before it went missing in the Caribbean Sea. U.S. Coast Guard photo by Petty Officer 2nd Class Mark Barney.
  • Environmentalists stop grazing on monument ( Wild Earth Guardians - Colorado )

    10/05/2015 2:47:36 PM PDT · by george76 · 15 replies
    Durango Herald ^ | October 04, 2015 | Jim Mimiaga
    Two allotments delayed pending more studies. A coalition of environmental groups have forced public land managers to delay a grazing permit decision on Canyons of the Ancients National Monument. Grand Canyon Trust, Western Watershed Project, Wild Earth Guardians, National Resource Defense Council, Wildlands Defense, the Sierra Club and Durango-based Great Old Broads for Wilderness collectively filed a 27-page protest against the proposed Flodine and Yellow Jacket grazing allotments on the monument ... they want the two allotments permanently closed to grazing ... The groups challenged a recent decision plan by the BLM to issue 10-year terms for the allotments, located...
  • VW's Illegal Emissions Caused Dozens Of U.S. Deaths, Study Finds (conjectural drivel award)

    10/05/2015 1:18:39 PM PDT · by robowombat · 34 replies
    Manufacturing News ^ | Mon, 10/05/2015 - 10:00am | Ellen Knickmeyer,
    VW's Illegal Emissions Caused Dozens Of U.S. Deaths, Study Finds Mon, 10/05/2015 - 10:00am Ellen Knickmeyer, Volkswagen's pollution-control chicanery has not just been victimless tinkering, killing between five and 20 people in the United States annually in recent years, according to an Associated Press statistical and computer analysis. The software that the company admitted using to get around government emissions limits allowed VWs to spew enough pollution to cause somewhere between 16 and 94 deaths over seven years, with the annual count increasing more recently as more of the diesels were on the road. The total cost has been well...
  • Bloodbath: ‘Los Angeles Times’ To Cut 10% of Staff

    10/05/2015 12:18:35 PM PDT · by Rockitz · 71 replies ^ | 5 Oct 2015 | John Nolte
    While it may be impossible to believe that an upstanding newspaper like The Los Angeles Times, a trusted and beloved publication that describes half-black men as “white supremacists,” is having financial troubles, the fact is that a bloodbath involving at least 10% of newsroom staffers is underway. The Los Angeles Times staff will be reduced from 500 to around 450, and buyouts are being offered, but not really. There’s some severance and an additional amount that equals a week’s pay for every year of employment. This sounds like less of a buyout than a small incentive to avoid being laid...
  • Where Are The Million New Manufacturing Jobs Obama Promised?

    10/05/2015 11:18:05 AM PDT · by expat_panama · 24 replies
    Investors Busniness Daily ^ | 10/02/2015 | Editorial
    Factory Jobs: The anemic September jobs report was bad news for anyone hoping that the economy had turned a corner. But it was even worse news for manufacturing, which is on a two-month losing streak. Manufacturing shed 9,000 jobs last month on top of the 18,000 lost in August, completely erasing the gains made so far this year. Since January 2013, the industry has gained only 338,000. All this flies in the face of President Obama's repeated promise in 2012 that if reelected, he would create 1 million new manufacturing jobs by the end of his second term. Obama said...
  • Sorry, boss: Alaska Airlines CEO says his own luggage was temporarily lost after recent flight

    10/05/2015 10:28:02 AM PDT · by skeptoid · 2 replies
    Alasja Dispatch News ^ | October 5, 2015 | Alaska Dispatch News|
    Alaska Airlines CEO Brad Tilden is one of the airline’s biggest boosters -- but he says his high-flying carrier let him down when he traveled to an industry summit. According to the Los Angeles Times, Tilden took an Alaska Airlines flight to Washington, D.C., last week. He arrived that day, but his bag didn’t -- and had to be delivered the next day. “The media is here and I'm hoping that you don't write this down and print it,” Tilden said. The airline offers $25 or 2,500 frequent-flier miles to passengers who don’t receive their bags within 20 minutes of...
  • Volkswagen Emissions Investigation Zeroes In on Two Engineers

    10/05/2015 9:53:54 AM PDT · by TroutStalker · 20 replies
    Wall Street Journal ^ | Oct. 5, 2015 | William Boston
    Two top Volkswagen engineers who found they couldn’t deliver as promised a clean diesel engine for the U.S. market are at the center of a company probe into the installation of engine software designed to fool regulators, according to people familiar with the matter. The two men, Ulrich Hackenberg, Audi ’s chief engineer, and Wolfgang Hatz, developer of Porsche’s Formula One and Le Mans racing engines, were among the engineers suspended in the investigation of the emissions cheating scandal that sank the company’s market value by 43% since Sept. 18 and triggered a world-wide recall to refit the engines to...

    10/05/2015 9:31:34 AM PDT · by markomalley · 26 replies
    Big Government ^ | 10-4-15 | Lee Stranahan
    David Jaques, the publisher of the conservative newspaper the Roseburg Beacon, says he believes that President Obama would not be welcome to the town after making remarks politicizing the shooting that left nine dead and nine injured at Umpqua Community College on October 1. Jaques told Breitbart News that he believes officials of Douglas County would also not welcome the President using the tragedy to score political points for a gun control agenda. Any visit by President would be “a campaign stop for agenda to take away American citizen’s right to own firearms” said Jaques in an exclusive interview.
  • GAO: Feds made nearly $1 trillion in overpayments since fiscal 2003

    10/05/2015 8:14:42 AM PDT · by TigerClaws · 8 replies
    Government waste took a significant turn for the worse in fiscal 2014, rising dramatically to $124.7 billion from $105.8 billion in fiscal 2013. That’s a striking increase of nearly 20 percent in improper federal payments. As the White House and Congress continues to blow out the federal deficit to $18 trillion in their Miracle-Gro, “Supersize Me” approach to government, little is being done to stop federal overpayments. Since fiscal 2003, “cumulative improper payment estimates have totaled almost $1 trillion,” the Government Accountability Office (GAO) said in a new report.
  • Trade ministers reached a landmark agreement on a deal that’s a cornerstone of Obama’s legacy

    10/05/2015 8:03:03 AM PDT · by SeekAndFind · 5 replies
    Business Insider via Reuters ^ | 10/05/2015 | Krista Hughes and Kevin Krolicki, Reuters
    Pacific trade ministers have reached a deal on the most sweeping trade liberalization pact in a generation that will cut trade barriers and set common standards for 12 countries, an official familiar with the talks said on Monday. Leaders from a dozen Pacific Rim nations are poised to announce the pact later on Monday. The deal could reshape industries and influence everything from the price of cheese to the cost of cancer treatments. The Trans-Pacific Partnership would affect 40 percent of the world economy and would stand as a legacy-defining achievement for U.S. President Barack Obama, if it is ratified...
  • Job theft in broad daylight as U.S. firms scam the visa game

    10/05/2015 7:59:27 AM PDT · by ConservingFreedom · 14 replies
    NY Daily News ^ | October 5, 2015
    Paragons of American corporate citizenship are perverting an immigration program that was designed to boost the country’s high-tech economy. The U.S. Department of Labor has let businesses as prominent as Walt Disney World and Toys R Us use a special category of work-related visas not only to cut costs but to send jobs overseas. President Obama wants immigration reform? It’s never going to happen this way. So-called H-1B visas are intended to admit into the U.S. highly educated, highly skilled workers whose talents are desperately needed. For example, a company may apply to bring computer engineers from abroad if it...
  • Chick-fil-A Arrives in New York, Gays, Animal-Rights Nuts Hardest Hit

    10/05/2015 7:42:38 AM PDT · by SeekAndFind · 22 replies
    PJ Media ^ | 10/05/2015 | Michael Walsh
    Can you imagine this happening even ten years ago? This is the pace of “social change” in the seventh year of the reign of the Emperor Hussein: A highly adored and highly controversial fast food chain satisfied cravings and ruffled a few feathers Saturday with the grand opening of its first official Manhattan outpost. Chick-Fil-A, the massively popular Southern staple owned by a conservative Christian family known for their anti-gay marriage views, hatched a 5,000-square-foot store in Herald Square to mixed reviews from fervent devotees and activists.“This is the best chicken in the world, in my opinion.” said Dana...
  • Beef Isn't For Dinner Anymore as Americans Devour Cheaper Pork [Bloomberg Link Only]

    10/05/2015 7:33:55 AM PDT · by C19fan · 47 replies
    Bloomberg [Link Only] ^ | October 4, 2015 | Lydia Mulvany
  • The absurdity of demanding reparations for slavery

    10/05/2015 7:19:01 AM PDT · by Mrs. Don-o · 26 replies
    Washington Examiner ^ | 10/5/15 | Dan Hannan
    I am descended from slaves. So are you. From slave-owners, too. Given the history of the human race, it could hardly be otherwise. Slavery was the normal form of social organization from the discovery of agriculture onwards. It may have been common among hunter-gatherers long before that, but the evidence is inconclusive. What we do know is that ownership of human beings is at least as old as civilization. The cities of Ur and Sumer, of Egypt and Persia, of the Indus Valley and Xia Dynasty China were built by forced labor. Slaves raised the Acropolis in Athens and the...
  • USCG confirms: SS El Faro has sunk. 33 lives may be lost, still searching

    10/05/2015 7:16:02 AM PDT · by cll · 96 replies
    Various ^ | 10/05/15
    <p>USCG confirms SS El faro has sunk. 1 body and one damaged life boat found among large debris field. details forthcoming.</p>