Business/Economy (News/Activism)

Brevity: Headers | « Text »
  • US Signs Agreement with Mexico to Protect Mexican Workers – Including Illegals

    09/02/2014 10:46:44 PM PDT · by TigerClaws · 13 replies
    At a signing ceremony on Friday, the U.S. government, through the Equal Employment Opportunity Commission (EEOC), entered into a Memorandum of Understanding (MOU) with the Mexican government to allow Mexican Nationals – regardless of immigration status – to “exercise their workplace rights.” The MOU is consistent with the “core mission of this commission,” Mexican Ambassador to the United States Eduardo Medina Mora Icaza said, adding “that regardless of national origin or immigration status all workers have rights and there are processes to safeguard them.
  • California Officials Gearing Up For Obamacare Open Enrollment [90% CA-Enrollees Subsidized!]

    09/02/2014 10:19:57 PM PDT · by Steelfish · 5 replies
    LATimes ^ | September 2, 2014
    California Officials Gearing Up For Obamacare Open Enrollment Obamacare enrollment event By CHAD TERHUNE Covered California and health insurers want to simplify the task of Obamacare policy renewal. Nearly 90% of Covered California's enrollees received federal money to lower their insurance bill The Covered California insurance exchange easily outpaced its expected enrollment during the rollout of the Affordable Care Act. Now it faces the challenge of getting those people to stay on board for a second year once open enrollment begins Nov. 15. Health plans are working with Covered California to streamline renewals so we don't lose ground with the...
  • Detroit, Hoping To Leave Bankruptcy, Warns of 'Downward Spiral'

    09/02/2014 7:41:11 PM PDT · by Steelfish · 27 replies
    LATimes ^ | September 2, 2014 | ALANA SEMUELS
    Detroit, Hoping To Leave Bankruptcy, Warns of 'Downward Spiral' Detroit's bankruptcy trial begins Protestors, including one wearing a mask depicting Michigan Gov. Rick Snyder, gather outside a federal courthouse in Detroit to protest the start of a key hearing in the city's bankruptcy trial. By ALANA SEMUELS Detroit attorneys argue that the city will never recover financially if its bankruptcy plan is rejected "I don't like the term death spiral," Detroit attorney says. "But Detroit is in a downward spiral" Lawyers for the city of Detroit began their opening arguments Tuesday in what could be the final stage of the...
  • Russia and China launch gas pipeline

    09/02/2014 6:33:17 PM PDT · by Lorianne · 3 replies
    BBC ^ | 01 September 2014
    Russia and China have begun the construction of a new gas pipeline linking the countries, with a ceremony in the Siberian city of Yakutsk. China's CNPC has agreed to buy $400bn (Ł240bn) of gas from Russia's Gazprom. Russia will ship 38 billion cubic metres (bcm) of gas annually over a period of 30 years. The deal will lessen Russia's dependence on European buyers, who have imposed economic sanctions because of the crisis in Ukraine. The construction ceremony was attended by Russian President Vladmir Putin and Chinese Vice-Premier Zhang Gaoli. China will start work on the construction of its side of...
  • Poll Finds Rapid Shift In Favour Of Scottish Independence

    09/02/2014 6:30:13 PM PDT · by Lorianne · 48 replies
    CNBC/AP ^ | 01 September 2014 | Mure Dickie
    Scottish voters are shifting rapidly toward support for independence with less than three weeks to go to a referendum that could end the 307-year-old political union at the heart of the U.K., a new opinion poll suggests. The YouGov survey for the Sun newspaper puts the pro-union lead at just 6 percentage points when undecided voters are excluded, down from the 22 points it found less than a month ago and the 14 points it reported in mid-August.The poll offers a huge morale boost to campaigners for a Yes vote in this month’s independence referendum, particularly since YouGov has consistently...
  • Fed: US consumers have decided to 'hoard money'

    09/02/2014 6:02:44 PM PDT · by Red in Blue PA · 105 replies
    One of the great mysteries of the post-financial crisis world is why the U.S. has lacked inflation despite all the money being pumped into the economy. The St. Louis Federal Reserve thinks it has the answer: A paper the central bank branch published this week blames the low level of money movement on consumers and their "willingness to hoard money," as well as the Fed's own policies.
  • Report: Households See Electricity Prices Rising At Record Levels

    09/02/2014 5:16:20 PM PDT · by george76 · 35 replies
    Daily Caller ^ | 09/02/2014
    Electricity prices are on the rise across the country, according to federal government data. The average price has risen more than 3 percent since the same time last year — the highest year-over-year growth for the first half of the year since 2009. According to the U.S. Energy Information Administration, residential electricity prices — what households pay to keep the lights on — averaged 12.3 cents per kilowatt hour for the first half of this year. This is 3.2 percent above the average price this time last year. New England, however, saw prices rise significantly more than the national average....
  • Beck: Hillary 'Will Be the Next President of the United States'('Nobody Remembers Reagan')

    09/02/2014 5:36:49 PM PDT · by 2ndDivisionVet · 93 replies
    Breitbart TV ^ | September 2, 2014 | Staff
    (VIDEO-AT-LINK) On his Monday show, commentator Glenn Beck made the extraordinary prediction that former Secretary of State Hillary Clinton would be elected president in the 2016 election. According to Beck, that prediction is based upon a conversation a “friend” of his had with so-called “Hillary people” about the strategy she will employ in the 2016 campaign. “They said, ‘The right is so stupid. They just don’t get it. You guys are going to all be fighting on Benghazi and everything else, and here’s what Hillary is going to do: ‘Do you remember when America was good? Do you remember when...
  • Problems Abound With Health Law Immigration Papers [What A Domestic & Foreign Policy Meltdown!]

    09/02/2014 4:31:55 PM PDT · by Steelfish · 8 replies
    Guardian (UK) ^ | September 1, 2014 | KELLI KENNEDY
    Problems Abound With Health Law Immigration Papers September 2 2014 KELLI KENNEDY More than 200,000 immigrants who bought insurance through President Barack Obama's health care initiative could lose their coverage this month if they don't submit proof this week they are legally in the country, but language barriers and computer glitches are hindering efforts to alert them. The government mailed letters in English and Spanish last month notifying about 300,000 people that if immigration and citizenship documents aren't submitted by Friday, their coverage under the Affordable Care Act will end Sept. 30. However, few seem to be responding. U.S. Health...
  • Why Some Americans Are More Equal Than Others

    09/02/2014 4:21:07 PM PDT · by 2ndDivisionVet · 25 replies
    The Daily Beast ^ | September 2, 2014 | Jedediah Purdy
    Americans pride themselves on an egalitarian society open to all. But some equality and inequality exist uneasily side by side. And the U.S. has never resolved this contradiction.If the world is lucky enough to produce historians of the early 21st century, one question seems certain to grab their attention. How did so much equality coexist with so much inequality? Economic inequality—the difference between the richest and the poorest, or between the rich and everyone else —has reached some of its highest levels ever, both in the U.S. and at around the world. Yet our time is also marked by a...
  • Apple: Stolen Celeb Nudes Were Result Of Good Guessing, Not Data Breach

    09/02/2014 3:42:43 PM PDT · by SMGFan · 85 replies
    Consumerist ^ | September 2, 2014
    In what amounts to a “don’t blame us” statement, Apple appears to be trying to shake off any culpability it might have in this weekend’s massive posting of hundreds of stolen photos of a female celebrities in various states of undress (Again — no, we’re not linking to them). The company is saying there was no data breach on iCloud or Find My iPhone… but only in the sense that not everyone’s photos were stolen.
  • Banks: Credit Card Breach at Home Depot

    09/02/2014 2:19:02 PM PDT · by BlueMondaySkipper · 66 replies
    Krebs On Security ^ | September 2, 2014 | Brian Krebs
    Multiple banks say they are seeing evidence that Home Depot stores may be the source of a massive new batch of stolen credit and debit cards that went on sale this morning in the cybercrime underground. Home Depot says that it is working with banks and law enforcement agencies to investigate reports of suspicious activity.
  • Feds Punish Business For Engaging In ‘Citizenship-Discrimination’

    09/02/2014 1:27:33 PM PDT · by Zakeet · 68 replies
    Daily Caller ^ | September 2, 2014 | Rachel Stoltzfoos
    A Texas catering business will pay the United States $26,400 for engaging in “citizenship-discrimination,” as part of a settlement with the Justice Department announced Tuesday. Culinaire International unlawfully discriminated against employees based on their citizenship status, the Justice Department claimed, because it required non-citizen employees to provide extra proof of their right to work in the United States. Culinaire has agreed to pay the United States $20,460 in civil penalties, receive training in anti-discrimination rules of the Immigration and Nationality Act, revise its work eligibility verification process, and create a $40,000 back pay fund for “potential economic victims.”
  • 1 in 6 California construction workers labors in shadows, study finds (illegals now "informal")

    09/02/2014 12:45:05 PM PDT · by TigerClaws · 40 replies
    Informal workers are growing part of California’s economy — a shift keenly felt in the construction industry, where 1 in 6 workers is either off the books or misreported, new research has found. Construction businesses in the state employ roughly 895,000 workers, according to a report by downtown Los Angeles research group Economic Roundtable that was released Sunday. In 2011, 143,900 of those workers labored unofficially.
  • 5 Feminist Myths That Will Not Die

    09/02/2014 12:43:43 PM PDT · by Mrs. Don-o · 31 replies
    Time ^ | September 2, 2014 | Christina Hoff Sommers
    If we're genuinely committed to improving the circumstances of women, we need to get the facts straight Much of what we hear about the plight of American women is false. Some faux facts have been repeated so often they are almost beyond the reach of critical analysis. Though they are baseless, these canards have become the foundation of Congressional debates, the inspiration for new legislation and the focus of college programs. Here are five of the most popular myths that should be rejected by all who are genuinely committed to improving the circumstances of women: More Where Are All the...
  • Centerplate CEO Resigns in Response to Dog Abuse Video

    09/02/2014 11:46:35 AM PDT · by nickcarraway · 17 replies
    NBC San Diego ^ | Sep 02, 2014
    Centerplate’s board of directors announced today that Chris Verros has been appointed to the role of acting president and chief executive officer, effective immediately, following the resignation of Desmond Hague from the company. The decision comes as a result of Hague’s personal misconduct involving the mistreatment of an animal in his care. “We want to reiterate that we do not condone nor would we ever overlook the abuse of animals,” said Joe O’Donnell, chairman of the board of directors for Centerplate. “Following an extended review of the incident involving Mr. Hague, I’d like to apologize for the distress that this...
  • US manufacturing grows at fastest pace in 3 1/2 years

    09/02/2014 11:41:01 AM PDT · by SeekAndFind · 24 replies
    SFGate ^ | 09/02/2014 | By CHRISTOPHER S. RUGABER
    WASHINGTON (AP) — U.S. manufacturing grew in August at the strongest pace in more than three years as factories cranked out more goods and new orders rose. The Institute for Supply Management's manufacturing index rose to 59 from 57.1 in July, the ISM said Tuesday. That was the highest reading since March 2011. Any measure above 50 signals that manufacturing is growing. Tuesday's ISM report coincides with other signs that manufacturing is helping drive the U.S. economy's improvement. Factories are benefiting from strong demand for aircraft, furniture, and steel and other metals. The boost from manufacturing has helped offset slower...
  • It's no longer safe to recline your airplane seat

    09/02/2014 11:35:45 AM PDT · by EveningStar · 51 replies
    AP via Yahoo ^ | September 2, 2014 | Scott Mayerowitz
    Squeezed into tighter and tighter spaces, airline passengers appear to be rebelling, taking their frustrations out on other fliers. Three U.S. flights made unscheduled landings in the past eight days after passengers got into fights over the ability to recline their seats. Disputes over a tiny bit of personal space might seem petty, but for passengers whose knees are already banging into tray tables, every inch counts.
  • Lost in America: Visa Program Struggles to Track Missing Foreign Students

    09/02/2014 11:13:25 AM PDT · by Steelfish · 12 replies
    ABC News ^ | September 2, 2014 | BRIAN ROSS and MATTHEW MOSK
    Lost in America: Visa Program Struggles to Track Missing Foreign Students Sep 2, 2014 By BRIAN ROSS and MATTHEW MOSK Homeland Security has lost track of more than 6,000 foreign nationals who entered the United States on student visas, overstayed their welcome, and essentially vanished -- exploiting a security gap that was supposed to be fixed after the Sept. 11, 2001 terror attacks. "My greatest concern is that they could be doing anything," said Peter Edge, the U.S. Immigration and Customs Enforcement official who oversees investigations into visa violators. "Some of them could be here to do us harm." Homeland...
  • Feds approve Corbett's Pa. Medicaid expansion proposal

    09/02/2014 9:56:07 AM PDT · by Timber Rattler · 10 replies
    Philly.vom ^ | August 30, 2014 | Amy Worden
    Ending a yearlong negotiation, the Obama administration on Thursday approved Gov. Corbett's alternative Medicaid expansion proposal, a step that could extend health-care benefits to roughly 600,000 uninsured Pennsylvanians. In what was described as a five-year demonstration project, Pennsylvania got the go-ahead to use federal money to pay private insurers to provide health care to uninsured individuals - many in low-wage jobs. The Obama administration praised Pennsylvania for joining other states that opted into the program under the Affordable Care Act. Corbett administration officials called the agreement a successful compromise.
  • The Punitive Economic Cost of Class-Warfare Taxation

    09/02/2014 9:14:14 AM PDT · by Kaslin · 9 replies
    Townhall.com ^ | September 2, 2014 | Daniel J. Mitchell
    IÂ’ve already shared a bunch of data and evidence on the importance of low tax rates.A review of the academic evidence by the Tax Foundation found overwhelming support for the notion that lower tax rates are good for growth.An economist from Cornell found lower tax rates boost GDP.Other economists found lower tax rates boost job creation, savings, and output.Even economists at the Paris-based OECD have determined that high tax rates undermine economic performance.And itÂ’s become apparent, with even the New York Times taking notice, that high tax rates drive away high-achieving people.WeÂ’re going to augment this list with some additional...
  • Joe Biden Declares war on Prosperity While in Detroit

    09/02/2014 8:37:53 AM PDT · by Kaslin · 14 replies
    Townhall.com ^ | September 2, 2014 | Michael Schaus
    Apparently the White House decided to let Joe Biden out of his padded room for the long weekend. The incorrigible gaff machine was spotted in Detroit, speaking to labor unions, liberal activists, and Democrat campaigners in what used to be Tiger Stadium. Amazingly Biden managed to navigate himself through his remarks without any painfully obvious “foot-in-mouth” moment… Well, at least not anything worse than normal Democrat talking points; but those were probably intentional.Standing among the ruins that were once a shining example of American prosperity, the Vice President championed the values of organized labor and liberal economic policies. (Ya know…...
  • Who is Rand Paul?

    09/02/2014 8:29:50 AM PDT · by Kaslin · 29 replies
    Townhall.com ^ | September 2, 2014 | Ralph Benko
    For starters, Rand is short for Randal, not an allusion to Ayn Rand, after whom Sen. Paul was not named by his libertarian (not Objectivist) father Ron Paul. Reportedly, growing up he was called Randy … until his wife shortened the diminutive to Rand.Washington, ordinarily, is committed to maintaining the status quo or making, at best, incremental changes. As we struggle with the political consequences of the end of an era of all-out war the old political status quo is ripe for transformation.Paul shows signs of being the key transformational figure. If he himself understands the depth of this proposition he...
  • Europe Moves Closer to Another Recession

    09/02/2014 8:18:34 AM PDT · by Kaslin · 7 replies
    Townhall.com ^ | September 2, 2014 | Mike Shedlock
    The Markit Eurozone Manufacturing final data shows Eurozone Manufacturing PMI at 13-month low in August. The rate of expansion in eurozone manufacturing production eased to its lowest during the current 14-month growth sequence in August, as companies faced slower increases in both total new orders and new export business. The final seasonally adjusted Markit Eurozone Manufacturing PMI® posted 50.7 in August, down from 51.8 in July, its lowest reading since July last year. The headline PMI was also below its earlier flash estimate of 50.8. National PMI data signalled a broad easing in the manufacturing recoveries underwa y across much...
  • Obama on GOP: ‘We’ll Break Those Folks Down… That’s How I Got Michelle to Marry Me’

    09/02/2014 7:05:47 AM PDT · by mandaladon · 33 replies
    Mediaite ^ | 2 Sep 2014 | Eddie Scarry
    In remarks on the U.S. economy Monday, President Barack Obama said Congressional Republicans will eventually cave to public pressure to raise the federal minimum wage. Obama was speaking at the Laborfest festival hosted by the AFL-CIO in Milwaukee, Wis. “If I cared about these things, I’d also want more Democrats looking out for me,” he said. “I’m just saying. Because when the rest of the country is working to raise wages, but Republicans in Congress won’t, it ain’t right.” ADVERTISEMENT Noting the protests in recent months from fast food workers seeking higher wages, Obama said Republicans would open up to...
  • Eric Cantor Just Got A Job At A Wall Street Bank — Here Are The Details Of His $3.4 Million Pay Pack

    09/02/2014 6:55:52 AM PDT · by SeekAndFind · 50 replies
    Business Insider ^ | 09/02/2014 | Joe Weisenthal
    Late Monday night it was reported that former House Majority Leader Eric Cantor would take a job at investment bank Moelis.The news has already prompted the predictable eye-rolling about the "revolving door." And to the Tea Partiers who ousted Cantor in a primary earlier this year, the news that he is going to Wall Street is vindication that he was never a populist like them.But anyway, Moelis has put in a filing with the SEC, detailing his pay package (Via Erik Schatzker).From the filing:Group LP has agreed to pay Mr. Cantor an annual base salary of $400,000. Group LP has...
  • How to Beat an Evil Empire: Just Do It

    09/02/2014 6:33:13 AM PDT · by Kaslin · 3 replies
    Townhall.com ^ | September 2, 2014 | John Ransom
    As NATO meets to develop a new strategy to follow up with their Obama-led non-strategy on Russia, perhaps they should ponder what the old, successful strategy with Russia was that served NATO so well. “On the one hand,” said the blueprint that helped beat back the Russian threat during the Cold War, NSC 68, “the people of the world yearn for relief from the anxiety arising from the risk of… war. On the other hand, any substantial further extension of the area under the domination of the Kremlin would raise the possibility that no coalition adequate to confront the Kremlin...
  • Civil Disobedience Expected In Fast Food Pay Fight

    09/02/2014 6:22:58 AM PDT · by Biggirl · 37 replies
    Associated Press ^ | September 2,2014 | Candice Choi
    NEW YORK (AP) -- McDonald's, Wendy's and other fast-food restaurants are expected to be targeted with acts of civil disobedience that could lead to arrests Thursday as labor organizers escalate their campaign to unionize the industry's workers.
  • Improving economy won't help Dems

    09/02/2014 5:37:36 AM PDT · by SeekAndFind · 15 replies
    American Thinker ^ | 09/02/2014 | Rick Moran
    Vulnerable Democrats casting about desperately for a boost to their campaigns won't be able to use a slightly improving economy as a lifeline, according to several recent polls.The fact is, voters don't care about the raw economic numbers - not when their personal financial situation is still bad. The Hill: But with just a handful of big economic reports left before Election Day, the economic picture is largely in place. And while the outlook is bright, voters continue to hold a dim view of their own financial prospects.  “There are still a lot of families playing catch-up,” said Jared Bernstein...
  • Oil tanker 'vanishes' with $100M cargo off Texas

    09/02/2014 4:29:12 AM PDT · by Enlightened1 · 54 replies
    WFAA ^ | 08/31/14 | Neal Colgrass
    The U.S. Coast Guard has lost track of a Kurdish tanker carrying $100 million in disputed oil off the coast of Texas, the Independent reports. Headed for Galveston, the United Kalavyrvta was anchored at least 60 miles off-shore when it vanished from radar screens. The ship's haul fell under legal dispute when Iraq filed a lawsuit in U.S. courts, urging American officials to grab the ship's oil in Galveston because it belongs to Iraq, not the Kurdish National Government.
  • Regulators Aid Union Effort to Kill Franchising

    09/02/2014 2:47:51 AM PDT · by markomalley · 14 replies
    Washington Free Beacon ^ | 9/2/2014 | Bill McMorris
    Several key Labor Department regulators participated in a liberal conference focused on unionizing subcontractors and franchise employees.Department of Labor Wage and Hour Division Administrator David Weil delivered opening remarks to a room full of union organizers and activists from the National Employment Law Project, a pro-union group partnered with the liberal millionaires and billionaires from the Democracy Alliance, in May.“I view my task as helping to work with the people in the agency and in concert with worker advocates,” he said.Weil told the gathering that the department has “undertaken a bunch of specific initiatives in particular industries,” in order to...
  • Detroit’s historic bankruptcy trial to begin

    09/02/2014 1:37:42 AM PDT · by Olog-hai · 12 replies
    Associated Press ^ | Sep 2, 2014 2:05 AM EDT | Corey Williams
    Lawyers for Detroit will attempt to convince a federal judge at the city’s bankruptcy trial that its plans to wipe out billions of dollars in debt should be approved. After some delays, the start of the trial Tuesday in U.S. District Court comes just over 13 months after Detroit became the largest U.S. city to file for bankruptcy. Detroit expects to cut $12 billion in unsecured debt to about $5 billion, which is “more manageable,” according to Bill Nowling, a spokesman for emergency manager Kevyn Orr. …
  • Discarded Children Still Bring in Subsidy Checks for the Adoptive Parents Who Tossed Them Aside

    09/02/2014 12:03:54 AM PDT · by nickcarraway · 17 replies
    New York Daily News ^ | Tuesday, September 2, 2014 | Nick Nehamas
    Hundreds of adoptive parents in New York City who've sent their children to live elsewhere continue to get monthly government subsidies of up to $1,700 per child. They can continue receiving the checks until the child turns 21 years old.They gave up on their “hard-to-place" adopted kids — but not on the government check intended for the discarded kids’ care. Hundreds of adoptive parents across the five boroughs who've sent their children to live elsewhere are continuing to pull in monthly checks of up to $1,700 per child while the city, state and feds look the other way, the Daily...
  • Obama: 'Revving' up economy calls for higher wages

    09/01/2014 4:33:41 PM PDT · by Eleutheria5 · 2 replies
    AOL News ^ | 1/9/14 | Jim Kuhnhen
    MILWAUKEE (AP) - President Barack Obama renewed his push for Congress to raise the minimum wage Monday in a buoyant accounting of the economy's "revving" performance, delivered on behalf of Democrats opening their fall campaigns for the midterm congressional elections. "America deserves a raise," he told a union crowd in Milwaukee, vowing to keep a hard sell on Congress in much the way he once courted his wife. "I just wore her down," he cracked. Timing his push to Labor Day, the traditional start of the autumn campaign, Obama aggressively drew attention to recent economic gains, setting aside past caution...
  • Obama: ‘Revving’ economy calls for higher wages

    09/01/2014 3:11:32 PM PDT · by Olog-hai · 88 replies
    Associated Press ^ | Sep 1, 2014 4:50 PM EDT | Jim Kuhnhenn
    President Barack Obama renewed his push for Congress to raise the minimum wage Monday in a buoyant accounting of the economy’s “revving” performance, delivered on behalf of Democrats opening their fall campaigns for the midterm congressional elections. “America deserves a raise,” he told a union crowd in Milwaukee, vowing to keep a hard sell on Congress in much the way he once courted his wife. “I just wore her down,” he cracked. Timing his push to Labor Day, the traditional start of the autumn campaign, Obama aggressively drew attention to recent economic gains, setting aside past caution on that subject....
  • At Labor Day Event, Obama Pushes GOP To Raise Minimum Wage [ACORN's Agenda]

    09/01/2014 2:57:18 PM PDT · by Steelfish · 19 replies
    CBSNews ^ | September 1, 2014 | REBECCA KAPLAN
    By REBECCA KAPLAN CBS NEWS September 1, 2014 At Labor Day Event, Obama Pushes GOP To Raise Minimum Wage In the spirit of Labor Day, Obama promotes boosting minimum wage President Obama used a Labor Day event to tout economic gains and chide Republicans for not joining him in promoting policies he says will help working Americans, his latest push on a campaign-year issues that Democrats hope will boost their support at the polls this fall. Mr. Obama traveled to Milwaukee, Wisconsin Monday to speak at Laborfest, an event he visited in 2008 during his first presidential campaign. Despite a...
  • Cameron: we will permanently damage Russia's economy

    09/01/2014 1:12:33 PM PDT · by Tailgunner Joe · 81 replies
    telegraph.co.uk ^ | September 1, 2014 | Matthew Holehouse
    David Cameron has vowed to “turn the ratchet” on Vladimir Putin, as he warned Western sanctions would “permanently” damage the Russian economy. Moscow banks are running short of funding as investors pull capital out the country, while the rouble and the Russian stock market are falling, the Prime Minister said. He was speaking ahead of a Nato summit in Wales which will discuss Ukrainian membership of the military alliance. Addressing the Commons, the Prime Minister said Britain would face the “grave danger” posed by Russian aggression in eastern Ukraine with “reliance and resolve”. On Saturday, European leaders gave Russia a...
  • Obama looks to skip Senate on new UN climate change deal

    09/01/2014 12:18:35 PM PDT · by Enlightened1 · 23 replies
    The Hill ^ | 08/27/14 | Jesse Byrnes
    President Obama is working to create a new international climate change accord that would get other nations to reduce their carbon emissions, but in a way that would not require the deal to be ratified by the Senate.
  • More Workers Are Claiming ‘Wage Theft’(working for free)

    09/01/2014 9:43:16 AM PDT · by Dallas59 · 44 replies
    NYT ^ | 8/31/2014 | NYT
    MIRA LOMA, Calif. — Week after week, Guadalupe Rangel worked seven days straight, sometimes 11 hours a day, unloading dining room sets, trampolines, television stands and other imports from Asia that would soon be shipped to Walmart stores. Even though he often clocked 70 hours a week at the Schneider warehouse here, he was never paid time-and-a-half overtime, he said. And now, having joined a lawsuit involving hundreds of warehouse workers, Mr. Rangel stands to receive more than $20,000 in back pay as part of a recent $21 million legal settlement with Schneider, a national trucking company.
  • NLRB goes rogue against small business

    09/01/2014 9:55:39 AM PDT · by jazusamo · 11 replies
    The Hill ^ | September 1, 2014 | Rick Manning
    Labor Day provides the opportunity to evaluate those government agencies that impact the workplace, and gauge if they are helping or hurting the employment situation in America. In the six Labor Days since President Obama took office, his appointees have gone to outrageous lengths to compel the 93 percent of the private-sector workforce who don't belong to an organized labor union to become dues-paying members. While the Labor Department and the National Mediation Board have each pushed hard to create rules that overwhelmingly favor union organizers over those employees who oppose unionization, it is the National Labor Relations Board (NLRB)...
  • Eurozone Currency Dispute Intensifies

    09/01/2014 9:40:39 AM PDT · by Kaslin
    Townhall.com ^ | September 1, 2014 | Mike Shedlock
    The currency and fiscal battleground front lines in Europe remains the same. France wants QE, fiscal stimulus, and more leeway on meeting fiscal deficit targets. Germany doesn't. And the fighting has strengthened. The idea that ECB can produce nirvana by devaluing the euro is ridiculous. Yet, that's the battle cry of the day.
  • Laughing about Corporate Inversions

    09/01/2014 9:35:30 AM PDT · by Kaslin
    Townhall.com ^ | September 1, 2014 | Daniel J. Mitchell
    There’s lot of criticism of the IRS and the tax code on the Internet. Indeed, I like to think I contribute my fair share. But I’m surprised at (what I consider to be be) the limited amount of humor on those topics. As I look through my archives, I can find only a few cartoons about the overall tax code. Regarding tax reform, all I have is this Barack Obama flat tax that I created. Here are a few cartoons about tax policy negotiations. I found a bit more to choose from on the IRS scandal (see here, here, here,...
  • Casino closings threaten Atlantic City: The Fall of a Gambling Mecca

    09/01/2014 8:26:39 AM PDT · by SeekAndFind · 32 replies
    American Thinker ^ | 08/31/2014 | Rick Moran
    Three premier Atlantic City casinos will be closing in the next two weeks with the lost of almost 6,000 jobs. Another casino closed earlier this year, making the total job loss close to 8,000 - one quarter of casino employment in the city.Over the last few years, tax revenue from casinos has fallen precipitously which have led to massive budget problems for the city. The recession is to blame, but Atlantic City's problems go deeper than it being a one industry town. Philly.com: The closing of three casinos, starting with Showboat and Revel this weekend followed by Trump Plaza two...
  • Why I Will Start Social Security At Age 62

    09/01/2014 7:52:57 AM PDT · by shove_it · 136 replies
    SeekingAlpha ^ | 26 Aug 2014 | Robert Allan Schwartz
    Summary When should I start Social Security? How will I receive the highest annual income? How will I receive the highest cumulative income? When will I be able to retire? Every year, more than 2 million people turn 62. Many of those people will wonder, "When should I start receiving Social Security benefits?" The earliest age of eligibility is 62. The benefit increases each year you delay starting, until age 70, after which point there is no additional increase. When should I start - age 62 or age 70? [...]
  • Work's for Squares

    09/01/2014 7:50:52 AM PDT · by reaganaut1 · 5 replies
    Barron's ^ | August 30, 2014 | Gene Epstein
    The job market has made a comeback over the past year, but the American labor force hasn't, and the prospects don't look good. Work seems to be on the wane in the U.S., with worrisome consequences for economic growth. While the unemployment rate slipped to 6.1% in June -- its lowest level in six years -- the percentage of adult American workers who are actually in the workforce is at its lowest level in 36 years, with no rebound in sight. ... WHEN IT COMES TO the millions of people receiving Social Security disability income, however, it is fairly certain...
  • WATCH LIVE: VP Joe Biden speaking in Detroit on Labor Day [Plugs 'n Thugs]

    09/01/2014 7:00:46 AM PDT · by SoFloFreeper · 8 replies
    Fox Detroit ^ | 9/1/14
    .... Biden is scheduled to be in Detroit on Labor Day for the second time in three years. Biden is expected to address the crowd at 9:30 this morning during the annual parade.
  • Obama talks with communists to air radio show

    09/01/2014 6:56:02 AM PDT · by Steve Peacock · 10 replies
    WND ^ | Aug. 30, 2014 | Steve Peacock
    Former enemy could broadcast 'Welcome to America'The Obama administration is looking to negotiate with the Socialist Republic of Vietnam, the government that emerged after a war costing more than 58,000 American lives, to carry a “Welcome to America” radio program over its state radio station, WND has discovered. If the U.S. Broadcasting Board of Governors, or BBG, has its way, its Voice of America program will work in tandem with the Voice of Vietnam, or VOV, to broadcast the 15-minute prime-time radio program Monday through Friday across the communist nation. BBG is looking for a distributor to do its bidding...
  • Maps Reveal EPA Water Grab in Maryland

    09/01/2014 6:22:21 AM PDT · by george76 · 26 replies
    Watchdog Wire ^ | August 28, 2014 | Mark Newgent
    EPA would regulate most Md waters . A new rule proposal by the U.S. Environmental Protection Agency ... The proposed Waters of the United States rule, which would give the EPA jurisdiction over millions of miles of streams across the United States under the Clean Water Act, has generated bipartisan backlash in both chambers of Congress. A letter to the EPA from Democratic and Republican House members stated, “Although your agencies have maintained that the rule is narrow and clarifies CWA jurisdiction, it in face aggressively expands federal authority under the CWA while bypassing Congress and creating unnecessary ambiguity.” The...
  • Mowdown in Motown

    09/01/2014 5:19:03 AM PDT · by Makana · 1 replies
    Wall STreet Journal ^ | August 31, 2014 | Review and Outlook
    Federal Judge Steven Rhodes will begin hearings Tuesday to determine whether Detroit's readjustment plan fulfills the legal and fiscal requirements to exit Chapter 9 bankruptcy. The trial may provide investors a lesson, instructive but painful, in how politics can override law in municipal bankruptcies. Since declaring bankruptcy in July 2013, Detroit has cut deals with nearly all of its major creditors. Workers, retirees and most bondholders this summer voted to accept the plan. Yet Judge Rhodes must still validate that the plan is "fair and equitable" and was proposed in good faith, among other standards of Chapter 9.
  • More Swiss Banks Give Eric Holder One-Finger Salute

    09/01/2014 4:55:28 AM PDT · by Kaslin · 22 replies
    Townhall.com ^ | September 1, 2014 | John Ransom
    More Swiss banks are dropping out of the U.S. banking program that the IRS supposedly uses to prevent American citizens from stashing cash overseas to avoid taxes. Known for 100 years as the original tax haven, free from the prying eyes of governments around the world, Swiss banks have provided banking services that guaranteed anonymity to arms dealers, Nazis, and law-abiding Americans alike.Offshore banks, especially Swiss banks, are not generally used to evade taxes however. The government already has enforcement mechanisms in place to prevent tax evasion by the use of offshore banks by American citizens. No smart rich person,...