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Business/Economy (News/Activism)

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  • Obama Told Us ‘Elections Have Consequences.’ Here’s One Way to Reverse His Liberal Legacy.

    01/19/2017 12:33:57 PM PST · by Tolerance Sucks Rocks · 1 replies
    The Daily Signal ^ | January 17, 2017 | Senator Mike Lee
    “Elections have consequences, and at the end of the day, I won.”These were the infamous words President Barack Obama used to scold congressional Republicans just three days after his inauguration in 2009, foreshadowing how he would approach policymaking for the next eight years.Rather than listening to and trying to work with Republicans, Obama governed through brute force—with his “pen and phone” more often than with the consent of Congress—guided by the dictates of his progressive ideology rather than the interests of the American people.In virtually every policy area—from health care and immigration to the deployment of American troops and the...
  • 'Fake news' complaints prompt YMCA to change the channel (CNN axed)

    01/19/2017 10:32:03 AM PST · by TigerClaws · 10 replies
    Is the Valparaiso Family YMCA simply exercising its right to appease as many members as possible, or is the new Donald Trump-led America already flexing its muscles? Last Friday night, the YMCA stopped airing CNN on its televisions in the facility's wellness and exercise area. Why would it do so after all these years of airing CNN and other national news channels? Complaints from some Y members about alleged "fake news" on CNN, I'm told. "This did happen but, when we found out at the leadership level, it was changed back," explained Debra Koeppen, the YMCA's chief development officer. Last...
  • US Government Caught Massively Fabricating Student Loan Default Data

    01/19/2017 10:11:47 AM PST · by SeekAndFind · 43 replies
    Zero Hedge ^ | 01/19/2017
    Ever since 2012 we have warned that one of the biggest threats arising from the US student loan bubble - which is no longer disputed by anyone except perhaps members of the outgoing administration - is not that it is soaring at an unprecedented pace, that's obvious for anyone with the latest loan total number over $1.4 trillion, rising at a pace of nearly $100 billion per year, but that the government - either on purpose or due to honest miscalculation - was not correctly accounting for the true extent of delinquencies and defaults. Today, we finally got confirmation...
  • WOW: Inside Trump's holdings: A web of potential conflicts

    01/19/2017 10:01:45 AM PST · by DCBryan1 · 38 replies
    CNBC ^ | 19 JAN 17 | John W. Schoen
    When he takes the oath of office Friday, President-elect Donald Trump will carry with him a massive web of potential conflicts of interest not seen in modern American history. The next president's ethical quandary is the result of his refusal to divest himself of a sprawling network of more than 500 properties that he has amassed in more than three decades as a celebrity entrepreneur. At a long-awaited news conference last week, Trump dismissed the potential conflicts after his attorney laid out the broad outlines of a plan to separate himself from the day-to-day operations of his businesses. The plan...
  • The Rush Limbaugh Show, M-F, 12-3pm, WOR-AM, Thursday, January 19th, 2017.

    01/19/2017 9:01:08 AM PST · by carriage_hill · 42 replies
    The EIB Network ^ | Thursday, January 19th, 2017 | Rush Limbaugh
    Call The Rush Limbaugh Show program line between 12 Noon & 3PM Eastern Time, at: 1-800-282-2882. E-mail Rush: ElRushbo@eibnet.us, or Fax Rush at: 212-445-3963. Write a letter to Rush and mail it to: The Rush Limbaugh Show, 1270 Avenue of the Americas, New York, NY 10020. Join This Ping List Now!
  • Pence: Transition finished 'on schedule and under budget'

    01/19/2017 8:25:38 AM PST · by Enlightened1 · 13 replies
    The Washington Examiner ^ | 01/19/17 | Sarah Westwood
    Vice President-elect Mike Pence touted the progress of transition efforts Thursday during a surprise appearance at the first Washington, D.C., press conference for President-elect Trump's team, highlighting the fact that the transition had been completed "on schedule and under budget." "When we took over, I was impressed, frankly, with the work Gov. [Chris] Christie and the transition team had done prior to the election," Pence said. Trump put Pence in charge of the transition team shortly after his victory in November after allowing Christie to guide the process during the campaign months. Pence said the transition had conducted more than...
  • Hawaii bill aims for 100 percent renewable transportation

    01/19/2017 7:34:21 AM PST · by Olog-hai · 42 replies
    Associated Press ^ | Jan 19, 2017 4:34 AM EST | Cathy Bussewitz
    Hawaii has the most aggressive renewable energy targets in the nation, aiming for its utilities to get 100 percent of their electricity from renewable sources by 2045. Now advocates want to extend that goal to the transportation sector to urge all forms of ground transportation to fuel up using renewable sources by 2045. “The majority of our fossil fuel goes into transportation, and that’s a challenge that we have to solve, and we currently don’t have a vision for what that future looks like,” said Jeff Mikulina, executive director of the Blue Planet Foundation, which is pushing the bill. But...
  • George Soros, Mastercard to partner to aid migrants, refugees [Obamacards for Illegals]

    01/19/2017 7:20:05 AM PST · by markomalley · 23 replies
    Reuters ^ | 1/19/17
    Billionaire investor George Soros will partner with Mastercard Inc on a venture they said could help migrants, refugees and others struggling within their communities worldwide to improve their economic and social status. The partnership, Humanity Ventures, stems from a pledge Soros made in September to earmark up to $500 million for investments to address challenges facing migrants and refugees. In a joint statement on Thursday, Mastercard and Soros said that despite billions of dollars of humanitarian and development assistance, millions of people remain marginalized, a situation the private sector can help rectify.
  • GOP-Hating Rep. John Lewis Didn’t Pay His Real Estate Taxes

    01/19/2017 6:33:25 AM PST · by KeyLargo · 59 replies
    Independent Sentinel.com ^ | Jan 18, 2017 | S. Noble
    GOP-Hating Rep. John Lewis Didn’t Pay His Real Estate Taxes Instead of finding fault with the new president, maybe Rep. John Lewis should worry about paying his real estate taxes. The well-paid congressman didn’t pay taxes on his nearly $1 million posh D.C. townhouse on Capital Hill. Rep. Lewis said Donald Trump isn’t a “legitimate” president, same thing he said about George Bush, but he’s not a legitimate taxpayer. Public records show he avoided paying property taxes on his DC townhouse at 219 3rd Street SE on Capitol Hill, Got News reported. Click the link for Got News to see...
  • Trump team prepares dramatic cuts

    01/19/2017 6:13:56 AM PST · by pabianice · 69 replies
    The Hill ^ | 1/19/17 | Bolton
    Donald Trump is ready to take an ax to government spending. Staffers for the Trump transition team have been meeting with career staff at the White House ahead of Friday’s presidential inauguration to outline their plans for shrinking the federal bureaucracy, The Hill has learned. The changes they propose are dramatic. The departments of Commerce and Energy would see major reductions in funding, with programs under their jurisdiction either being eliminated or transferred to other agencies. The departments of Transportation, Justice and State would see significant cuts and program eliminations. The Corporation for Public Broadcasting would be privatized, while the...
  • The Myth of the Stagnating Middle Class

    01/19/2017 6:00:52 AM PST · by expat_panama · 41 replies
    National Review ^ | January 18, 2017 4:00 AM | Ben Shapiro
    The American middle class is disappearing. We hear it from everybody. Senator Bernie Sanders (D., Vt.) focused throughout his campaign on what he termed the “disappearing middle class” — disappearing, Sanders said, thanks to income inequality. Sanders explained, “If you have seen a massive transfer of wealth from the middle class to the top one-tenth of 1 percent, you know what, we’ve got to transfer that back if we’re going to have a vibrant middle class.” From the other side, Donald Trump has echoed the same message: “The American worker is being crushed. . . . The great American middle...
  • Media Malpractice In The Age Of Trump

    01/19/2017 5:22:45 AM PST · by IBD editorial writer · 9 replies
    Investor's Business Daily ^ | 1/18/2017 | Staff
    ke News: For eight years, it was virtually impossible to get reporters interested in legitimate Obama administration scandals. Now, reporters are so eager to run scandal stories about the incoming Trump administration that they are making them up. Case in point is the CNN hit piece on Rep. Tom Price — Trump's pick to head the Health and Human Services Department — for supposedly engaging in insider trading last year. A "bombshell" story published on Tuesday — titled "First on CNN: Trump's pick invested in company, then introduced a bill to help it" — said Price had bought as much...
  • Obama Tarnishes His Legacy By Letting A Terrorist Walk Free

    01/19/2017 5:21:11 AM PST · by IBD editorial writer · 25 replies
    Investor's Business Daily ^ | 1/18/2017 | Staff
    (In)justice: We all know about President Obama's commutation of the 35-year sentence of traitor Chelsea Manning, nee Bradley, who handed U.S. secrets over to WikiLeaks, leading to the deaths of an untold number of people. That was bad enough. But even worse, but sadly less publicized, was Obama's decision to pardon Oscar Lopez Rivera, the terrorist whose FALN planted more than 130 bombs across America during the 1970s and 1980s, supposedly on behalf of Puerto Rican independence. Lopez Rivera was sentenced to 55 years in prison for seditious conspiracy and a number of weapons charges. He's served 35 years of...
  • Let's Correct A Very Big Wrong In 2010 Financial Reform

    01/19/2017 2:44:21 AM PST · by expat_panama · 1 replies
    Investors Business Daily ^ | JAN 18, 2017 5:44 PM ET | ROBERT J. SAMUELSON
    <p>Tax "reform," starting with taxes on business, seems to be on everyone's agenda, and it may be a place where the incoming Trump administration and its Democratic critics find common ground. But it's still going to be a slog, and one reason is so-called "pass-through" businesses whose taxes are levied at personal income tax rates.</p>
  • The Illusions Driving Up US Asset Prices

    01/19/2017 2:40:49 AM PST · by expat_panama · 5 replies
    project-syndicate ^ | JAN 18, 2017 | Robert J. Shiller
    NEW HAVEN – Speculative markets have always been vulnerable to illusion. But seeing the folly in markets provides no clear advantage in forecasting outcomes, because changes in the force of the illusion are difficult to predict. In the United States, two illusions have been important recently in financial markets. One is the carefully nurtured perception that President-elect Donald Trump is a business genius who can apply his deal-making skills to make America great again. The other is a naturally occurring illusion: the proximity of Dow 20,000. The Dow Jones Industrial Average has been above 19,000 since November, and countless news...
  • America's growth outlook depends on which President Trump we get

    01/19/2017 2:39:41 AM PST · by expat_panama · 7 replies
    Yahoo Finance ^ | January 18, 2017 | Alexis Christoforous
    Donald Trump hasn’t moved into the White House yet, but the president-elect is already influencing the outlook for global economic growth. This week, the International Monetary Fund raised its US economic growth forecast by half a percent for 2017 and 2018, as a result of Trump’s planned tax cuts, infrastructure spending and regulatory reform. The IMF now expects the US economy to grow 2.3% this year and 2.5% next year. But Paul Sheard, chief economist at S&P Global, says the outlook for economic growth is largely dependent on which Donald Trump we get in the White House. Sheard believes there...
  • Janet L. Yellen The Goals of Monetary Policy [Economy Near Goals, Warranting Gradual Rate Hikes]

    01/19/2017 2:38:14 AM PST · by expat_panama · 16 replies
    Federal Reserve ^ | January 18, 2017 | Janet L. Yellen
    Good afternoon. It is a pleasure to join all of you at the Commonwealth Club today, not the least because the club and the Federal Reserve have a few things in common. Both organizations, as it happens, have a board of governors and a chair. And both the club's and the Fed's histories extend back more than a century. The club, as many here know, was founded in 1903, and the Federal Reserve a decade later. Perhaps because of our shared origins in the Progressive Era, a period of reform in American life, we hold certain values in common. According...
  • Is Xi Jinping the New Champion of Globalization? Far From It.

    01/18/2017 9:11:16 PM PST · by nickcarraway · 5 replies
    XI JINPING took a stab at seizing the mantle of global economic leadership on Tuesday, delivering a lengthy defense of free trade and globalization at the annual World Economic Forum in Davos, Switzerland. To some extent, it worked: Many in the elite crowd of business leaders, government ministers and journalists seemed thrilled to hear the Chinese president, in his first appearance at the swishy forum, proclaim that there was “no point in blaming economic globalization for the world’s problems” — particularly as he spoke on a day when British Prime Minister Theresa May was outlining a “hard exit” from the...
  • How China Is Weaponizing Outer Space

    01/18/2017 9:07:26 PM PST · by nickcarraway · 6 replies
    The Diplomat ^ | January 19, 2017 | Harsh Vasani
    Many of China’s space capabilities are designed to counter U.S. military advantages. In the highly “informatized” and technologically advanced battles that characterize the 21st century, outer space will play a dominant role. Space assets direct military operations and help in making crucial battleground decisions. In this regard, attempts to weaponize space and command this sphere are to be expected from great powers. The United States and USSR started weaponizing space in the in the 1950s and 1960s respectively, and China is now following suit. What Is the “Weaponization” of Space? The weaponization of space includes placing weapons in outer space...
  • Why Donald Trump looks like just the friend Britain needs

    01/18/2017 9:03:53 PM PST · by 2ndDivisionVet · 10 replies
    The Spectator ^ | January 19, 2017 | Freddy Gray
    As president, Barack Obama was too cool for the special relationship. The romantic bond between the United States and Great Britain, which always makes Churchill fans go all soggy-eyed, left him cold. Obama was more interested in globalism, ‘pivoting’ to Asia and the European Union. Donald J. Trump is a very different creature. The new US President seems to cherish Great Britain, whereas the EU annoys him. Brexit is beautiful, he believes — and the EU is falling apart. Trump may or may not know the name of the British Prime Minister but, as he told Michael Gove this week,...
  • Tennessee Lawmaker: No Food Stamps for Ice Cream, Sodas

    01/18/2017 7:36:41 PM PST · by nickcarraway · 67 replies
    WTVC ^ | Sunday, January 15th 2017 | Alana LaFlore
    UPDATE: Sheila Butt announced on Tuesday that she is withdrawing the bill. Read more about that here.Tennessee, more than 1 million people depend on benefits from the Supplemental Nutrition Assistance Program to put food on their tables. Rep. Shelia Butt, R-Columbia, introduced a bill that would stop people from using those benefits, know as SNAP or food stamps, to buy foods high in calories, sugar and fat. Some people in our area think the bill is a good idea. "Milk and food items is fine," said Alan Rogers. "That's what they're for. Just to sustain life. All this other stuff...
  • 2,000 GM workers to lose jobs on Trump Inauguration Day

    01/18/2017 7:12:55 PM PST · by Mariner · 54 replies
    CNN Money ^ | January 18th, 2017 | by Heather Long
    Robert Sheridan is a 40-year-old GM worker who voted for Donald Trump. He can barely contain his excitement about Inauguration Day, even though it will be a rough day for him on a personal level. He's one of 2,000 GM factory workers losing their jobs on Friday, the same day that Trump will be sworn in as the 45th president. Sheridan -- and thousands like him -- are desperately hoping Trump will save their jobs. "Please help us in Lordstown," says Sheridan, a soft-spoken Midwesterner with three kids. "This is a great middle class job. You can't find one better...
  • Mark Zuckerberg sues to force families to sell land

    01/18/2017 7:07:54 PM PST · by correctthought · 70 replies
    Daily Mail ^ | 1/18/17 | CLEMENCE MICHALLON
    Mark Zuckerberg sues to force families to sell land passed down for generations and make his $100M Hawaiian home more secluded Title only none, see comments.
  • Republican senator aims to curtail Trump's tariff power

    01/18/2017 5:00:11 PM PST · by Mariner · 56 replies
    CNN Money ^ | January 13th, 2017 | by Patrick Gillespie
    President-elect Donald Trump could soon face resistance within his own party over his tariff threats. A staffer for Republican Senator Mike Lee told trade experts at a lunch in Washington this week that he is looking into ways to curtail the president's wide-ranging powers to impose tariffs, according to one of Lee's aides. The aide said a bill could be introduced as early as next week, and it may require Trump to go through Congress to use tariffs. Lee, who represents Utah, declined to comment for this story. Trump's spokesperson did not respond to a request for comment. The aide...
  • Fox rejects Super Bowl ad featuring border wall

    01/18/2017 4:55:09 PM PST · by SMGFan · 31 replies
    NYPost ^ | January 18, 2017
    Super Bowl LI is still 18 days away, but Madison Avenue’s TV ad controversy game is already underway. Fox, which will broadcast this year’s NFL Championship game, has asked for changes to a 90-second commercial from a building supply firm that features a border wall. The spot, from 84 Lumber, a first time Super Bowl advertiser, was deemed by Fox to be too controversial, a spokesman for ad agency Brunner told The Post.
  • Public Hearing LD 71 (Atlantic Time Zone For Maine)

    01/18/2017 2:34:37 PM PST · by Steven Scharf · 8 replies
    Facebook link on a public hearing at the Maine State House on adopting Atlantic Standard Time year around. There was a previous thread on Massachusetts considering this also. This has previously been discussed by the Maine legislator.
  • Oxfam Counts Highly Paid Millennials with Student Debt Among the World’s Neediest

    01/18/2017 2:17:37 PM PST · by Lorianne · 10 replies
    Cato ^ | 18 January 2017 | Chelsea Follett
    Every year, Oxfam releases a report meant to shock the public about the extent of income and wealth inequality. This year’s report claims that the eight richest people on Earth have as much wealth as the bottom half of the world’s population (3.6 out of 7.2 billion people). That’s certainly shocking. It’s also profoundly misleading. As others have pointed out, Oxfam reached that number with a questionable methodology, which also led them to several other absurd conclusions. According to their own graphs, more poor people live in North America and Europe than China (see the far left of the chart...
  • Fake News Police Arrive in Germany

    01/18/2017 1:58:36 PM PST · by Lorianne · 10 replies
    Mish Talk ^ | 16 January 2017 | Mike “Mish” Shedlock
    On behalf of Merkel-sponsored Russophobia, including threats of fines, Facebook rolls out fake-news filtering service to Germany. “Germany is to become the first country outside the US to benefit from Facebook’s crackdown on fake news as the social media group tries to control the proliferation of media hoaxes ahead of elections in the country this year. The world’s largest social network is bringing its test of fake news filtering tools to Germany in the coming weeks after the spread of false stories such as one claiming Germany’s oldest church was set on fire by a mob of 1,000 people. German...
  • Barbed wire, Swiss Army and no-fly zones amount to $36.9M security package for Davos

    01/18/2017 1:46:17 PM PST · by Lorianne · 6 replies
    source content cannot be posted due to copyright issues | 16 January 2017
    see link in post below
  • KFC is using facial recognition technology to predict customer's orders based on how they look

    01/18/2017 1:43:28 PM PST · by Lorianne · 46 replies
    Mirror (UK) ^ | 12 January 2017 | Libby Plummer
    A KFC in Beijing is using facial recognition software to predict what customers will order.
  • Austin restaurants, bars to protest inauguration by donating profits (TX)

    01/18/2017 1:20:14 PM PST · by bgill · 16 replies
    kvue ^ | Jan. 17, 2017 | Jason Puckett
    On Friday, Jan. 20, any profits made at Bouldin Creek Cafe, a vegetarian establishment, will go directly to the American Civil Liberties Union, Planned Parenthood, and the Southern Poverty Law Center. Owner Leslie Martin said it's a way to protest the inauguration and "maintain hope" in their community. "We wanted to make a statement," Martin said. "We have concerns about gay rights, minorities - how they're going to be treated and how their civil rights will be protected. There were a large number of people that we feel are living in fear right now wondering what's going to happen."
  • International players likely sellers as Canadian oil crash survivors hunt for bargains

    01/18/2017 12:44:41 PM PST · by Lorianne · 1 replies
    Financial Post ^ | 16 January 2017 | Claudia Cattaneo
    Whole title: International players likely sellers as Canadian oil crash survivors hunt for bargains and big mergers After a slow couple of years, merger and acquisition activity in the energy sector is expected to rebound in 2017 as oil prices stabilize, strong companies hunt for bargains, and international and struggling Canadian players keep unloading non-core assets. Adam Waterous, who is leaving his job as global head of investment banking at Scotiabank to start his own private equity company and bet on the next Alberta drilling boom, predicted a very busy year as “legacy” companies continue to restructure and cut costs....
  • Trump Jobs Boom Continues Before Inauguration Day [WINNING]

    01/18/2017 11:51:43 AM PST · by UMCRevMom@aol.com · 5 replies
    Breitbart ^ | 17 Jan 2017 | Warner Todd Huston
    The number of companies announcing investment — and in many cases a return to investment — in the U.S.A. with a corresponding rush to create jobs for Americans has continued to grow even before President-elect Donald Trump takes office. In the weeks after his election on November 8, a series of large corporations announced major initiatives to expand in the U.S. but, since then, the number has only grown. By the middle of December, several companies had announced new jobs and expansion plans for the U.S., including Carrier Air Conditioner Manufacturing (1,000 Jobs), SoftBank Telecommunications (50,000 Jobs), U.S. Steel (10,000...
  • Wal-Mart Boards the Trump Train, Will Invest $6.8 Billion and Create 10K Jobs

    01/18/2017 10:55:03 AM PST · by UMCRevMom@aol.com · 26 replies
    Townhall ^ | Jan 17, 2017 4:13 PM | Justin Holcomb
    Walmart has announced that it will invest $6.8 billion in the United States and create 10,000 more jobs for Americans in stores and e-commerce, a strong response to the victory of President-elect Donald Trump. The investment will create 59 new or relocated Walmart and Sam’s Club stores throughout the country which will in return create an estimated 24,000 construction jobs, the company said in a statement. “With a presence in thousands of communities and a vast supplier network, we know we play an important role in supporting and creating American jobs,” said Dan Bartlett, Walmart executive vice president for corporate...
  • General Motors Plans at Least $1 Billion in Fresh U.S. Investment [TRUMP EFFECT]

    01/18/2017 10:18:14 AM PST · by UMCRevMom@aol.com · 6 replies
    wsj ^ | Jan. 16, 2017 7:53 p.m. ET | Mike Colias
    General Motors Plans at Least $1 Billion in Fresh U.S. Investment: Auto maker's move is expected to create more than 1,000 new jobs General Motors Co. this week will announce plans to invest at least $1 billion across several U.S. factories, two people familiar with the plan said, a move aimed at underlining its commitment to U.S. manufacturing jobs in the wake of President-elect Donald Trump's criticism of the auto maker's imports from Mexico. GM's announcement could come as early as Tuesday, the people briefed on the plan said. The company will cite a number... RELATED VIDEO General Motors says...
  • Congress Should Follow Kentucky's Lead: Pass Right To Work, Repeal Prevailing Wage

    01/18/2017 8:12:16 AM PST · by reaganaut1 · 12 replies
    Forbes ^ | January 18, 2017 | George Leef
    Kentucky just became the 27th state to enact a Right to Work (RTW) statute – the law that prevents workers from being fired just because they decline to pay dues to a government-certified union. In recent years, the RTW bill had been bottled up in the state House, but after the Democrats lost their majority in last November’s elections, the bill sailed through and was promptly signed by Governor Matt Bevin. At the same time, Kentucky made another good move by repealing its “prevailing wage” statute. Such laws are meant to shield construction unions from competition by preventing bidders for...
  • Salzberg Advises: Research PCGS Populations and Prices (coin population/price fixing?)

    01/18/2017 8:02:52 AM PST · by DCBryan1 · 2 replies
    NGC ^ | 17 JAN 16 | Mark Salzberg
    Dear Fellow Numismatists: In November I announced that PCGS-certified coins would no longer be eligible for inclusion in the popular NGC Registry. I received many positive comments from those who have closely followed graded coin populations and prices. Others asked me, “Why? What is the difference between NGC and PCGS?” Let me show you. Over the last five years or so, I have noticed a perplexing trend at PCGS. There has been a dramatic increase in the grades assigned by PCGS for a wide range of coin types and, consequently, I believe that this has caused an extraordinary reduction in...
  • Obama scores the worst legislative record in history

    01/18/2017 7:55:22 AM PST · by yoe · 20 replies
    The Washington Times ^ | January 17, 2017 | Stephen Dinan
    President Obama oversaw the deepest legislative malaise in modern political history, according to the Washington Times Legislative Index, which captures his struggles to find ways to work with a (Congredd) that ranged from lukewarm to openly hostile toward him.p Over the course of his eight years, he has signed just 1,227 bills into law — less, even, than one-term Presidents Carter and George H.W. Bush. Digging deeper into the numbers, Congress spent less time in session, handled less business on the chamber floors and generally sputtered for much of Mr. Obama’s tenure, according to The Times’ index.
  • The Obamas’ post-presidency money machine

    01/18/2017 7:32:57 AM PST · by rktman · 21 replies
    americanthinker.com ^ | 1/18/2017 | Thomas Lifson
    How greedy will the Obamas be, once they are free to start making deals with speakers’ bureaus, book publishers, television broadcasters, movie producers, boards of directors, and other providers of part time and episodic employment of the most lucrative sort? Most unfortunately for the plucky couple, the last Democrats to leave the White House gave a bad name to the shameless pursuit of wealth from megarich interests. So a man in his early fifties vitally concerned over his historical legacy might want to think twice about cashing in. But the Obamas have demonstrated a love of luxury, perhaps the product...
  • Entrenched GOPe Show Their Cards – Construct “Border Adjustment Tax” To Oppose Trump...

    01/18/2017 7:21:15 AM PST · by cyn · 18 replies
    The Conservative Treehouse ^ | January 17, 2017 | sundance
    Anyone who believes Democrats own exclusive opposition to Donald Trump are completely ignoring the deliberate construct of the 2015/2016 republican primary. There are just as many -if not more- natural enemies within the Republican apparatus as there are within the Democrat group. “America-First” is antithetical to the UniParty.Again, prior to Donald Trump there was one party in Washington DC, “The UniParty”. President Donald Trump represented a second party, an independent approach toward legislative and economic priority. He was not a third choice, he was the second option.Within the ‘right-side’ of the UniParty you have Republicans. Within the republican party...
  • Report: 300,000 Small Business Jobs Lost Due to Obamacare; Over 10,000 Businesses Shut Down

    01/18/2017 6:35:26 AM PST · by SeekAndFind · 8 replies
    Washington Free Beacon ^ | 01/18/2017 | Elizabeth Harrington
    Obamacare has cost roughly 300,000 small business jobs due to higher health care costs, according to a new report. The American Action Forum, a center-right policy institute, released findings Wednesday that rising premiums and regulations under the Affordable Care Act have had “dire” consequences for the labor market. The report found the law has cost $19 billion in lost wages per year and forced 10,000 small businesses establishments to close their doors. The study covered employers with 20 to 99 employees. “Research from the American Action Forum (AAF) finds regulations from the Affordable Care Act (ACA) are driving up health...
  • Roundheads Against King Corn: Why the Renewable Fuel Standard Deserves To Die

    01/18/2017 5:20:24 AM PST · by expat_panama · 37 replies
    Investors Business Daily ^ | Jan. 17, 2017 4:35 PM ET | TIMOTHY BENSON
    On the day before Thanksgiving, the Environmental Protection Agency (EPA) announced the final levels of renewable fuel required to be blended into gasoline next year, officially known as the Renewable Fuel Standard (RFS). In 2017, the RFS will rise to 19.28 billion gallons, up from 18.11 billion gallons in 2016. A part of the Energy Policy Act of 2005, which was expanded in 2007 by the Energy Independence and Security Act and is administered by EPA, RFS requires 36 billion gallons of renewable fuel sources, such as ethanol, be blended into gasoline and diesel fuel by 2022. Two reports released...
  • No, Mr. President-Elect, the Dollar Is Not 'Too Strong'

    01/18/2017 5:19:10 AM PST · by expat_panama · 132 replies
    Real Clear Markets ^ | January 18, 2017 | John Tamny
    Imagine a short person spending his days cursing the “strong” inch for it “robbing” him of impressive height? Better yet, please contemplate a compulsive eater who blames his substantial weight on a pound that is too “weak.” Wise minds would mock the unhinged individuals who would rage at the foot ruler, inch, pound, and scale for revealing reality. Such people would logically be the object of our ridicule and scorn, or maybe just pity. Scales, rulers, inches and pounds are measures. Nothing else. They don’t weaken or strengthen us. They just are. What’s important about them is that if the...
  • Will TrumpCare Be Worse Than ObamaCare?

    01/18/2017 5:18:07 AM PST · by expat_panama · 52 replies
    Investors Business Daily ^ | 1/17/2017 | Editorial
    Health Reform: Over the weekend, Donald Trump said he's nearly finished with an ObamaCare replacement plan. Based on the sketchy outline he provided, Trump's vision of health care reform is troubling. In a phone interview with the Washington Post on Saturday, Trump said the replacement plan is "very much formulated down to the final strokes." No problem there. Trump has the right political instincts about how to get rid of ObamaCare. Rather than repeal a portion of it through the reconciliation process — as Republican congressional leaders propose — then delay even that until a replacement plan gets hammered out,...
  • Copyright Vultures Are At It Again!

    01/18/2017 5:16:53 AM PST · by expat_panama · 34 replies
    American Thinker ^ | January 18, 2017 | Mike Konrad
    The Copyright Industry, especially the RIAA (Recording Industry Association of America), and MPAA (Motion Picture Association of America) have suppressed every form of innovation, and technology to protect their questionable rights. In the 80s, they sued to stop video recorders, but were thankfully held back by the Supreme Court in the famous Betamax case. The Media Industry forced manufacturers of blank cassettes, tapes, and CDs to pay a royalty... ...1998, the RIAA sued to stop the first portable Mp3 player, Diamond Rio, from being sold. In 1999, they took down Napster... ...In 2014, the RIAA considered suing Google for even...
  • The Washington Post Takes Anti-Trump Bias To A New Level

    01/18/2017 5:14:16 AM PST · by expat_panama · 6 replies
    Investors Business Daily ^ | Jan. 17, 2017 3:31 PM ET | JOHN MERLINE
    The mainstream press loves to tell readers that it can be trusted because it employs professional journalists backed by layers of editors. Oh, and they're all unbiased. So how to explain a recent Washington Post headline, which manages both to misrepresent its own poll and expose the ridiculous extent to which its reporters and editors will go to bash President-elect Donald Trump? The story is about a Washington Post/ABC News poll that asks, among other things, whether Trump should sell his business to avoid any possible conflicts of interest while president. Trump has taken steps to avoid these conflicts, although...
  • Target Tumbles After Cutting Guidance, Reports Poor Comps; Drags Wal-Mart Lower

    01/18/2017 5:13:58 AM PST · by Zakeet · 18 replies
    ZeroHedge ^ | January 18, 2017
    US retailer woes continued this morning, a trend the began well prior to the poor holiday spending season, when retail giant Target not only announced ahead of its Feb 28 Q4 earnigns result that comparable sales during the combined November/December period decreased 1.3%, but that "as a result of this softer-than-expected sales performance, the Company updated its fourth quarter and full-year 2016 guidance." [Snip] Target shares tumbled as much as 4.9% on the news, which has dragged Wal-Mart as much as 1.5% lower.
  • Would Trump Really Kill Off NATO?

    01/18/2017 4:52:18 AM PST · by IBD editorial writer · 38 replies
    Investor's Business Daily ^ | 1/17/2016 | Staff
    NATO: With just a few days before he becomes president, Donald Trump has set off tremors with scathing criticisms of NATO. Many EU leaders, especially in Germany, are in a near-panic. Is Trump serious? The Times of London stated it succinctly in a not-understated headline: "Trump broadside stuns Europe." The broadside in question was one in which Trump openly called the postwar American military alliance, the North Atlantic Treaty Organization, obsolete. He also applauded Britain's move to leave the European Union, and predicted that others would leave too. The response across official Europe was one of alarm. "We Europeans have...
  • Trump's pick for Ed Sec wants everyone to get a great education. Dems hate her for it

    01/18/2017 2:43:45 AM PST · by NYer · 37 replies
    Fox ^ | January 13, 2017 | Gov. Bobby Jindal
    In politics they say that no good deed goes unpunished. That is never truer than on the issue of school choice.  President-elect Donald Trump’s nominee to be the Secretary of Education, Betsy Devos, has committed an unpardonable sin. Yes, she has tried to help millions of disadvantaged families have the ability to send their kids to better schools. This is of course reprehensible behavior on her part that must not be rewarded. Oh, and there is one more thing, she has spent millions of dollars of her own money in order to try to help these kids be able to...
  • Governor's grab of cash for roads risks fight in legislature

    01/17/2017 11:14:15 PM PST · by Tolerance Sucks Rocks · 22 replies
    The San Francisco Chronicle ^ | January 17, 2017 | Bob Christie, Associated Press
    PHOENIX (AP) — Arizona Gov. Doug Ducey's decision to again take for other uses state gas tax money intended to help cities and counties build and repair roads is getting a cold reception from some in the Legislature. The Republican governor's budget proposal for the year starting July 1 eliminates $86.5 million in highway spending in the current year, a decision likely to spur a fight with lawmakers from both parties who have been seeking a permanent stop to shifts of cash for road work to other uses. Legislation that would bar the practice and require gas tax money only...