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Articles Posted by Oldeconomybuyer

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  • Michelle Obama Is A Rock Star For Global Teen Activists

    07/14/2015 3:26:31 PM PDT · by Oldeconomybuyer · 28 replies
    NPR ^ | July 14, 2015 | by Marc Silver
    She was only 15 minutes late. That's amazing! After all, she is the First Lady of the United States. She has a busy schedule. She was scheduled to speak to the Girl Up Leadership Summit at 11:15 a.m. And by 11:27ish she was in the house. "You all look amazing," Michelle Obama told the 200-plus activists who represent some of the world's 1,000 Girl Up clubs. They'd come to Washington, D.C., to bond, to learn about girls' issues and to lobby Congress. But she also made two subtle and important points about activism. Point No. 1: Activism should be personal....
  • First Look: Parker Sawyers, Tika Sumpter as Barack & Michelle Obama in ‘Southside With You’

    07/14/2015 3:09:58 PM PDT · by Oldeconomybuyer · 18 replies
    Variety ^ | July 14, 2015 | by Dave McNary
    IM Global and producers State Street Pictures have launched production in Chicago on “Southside With You,” the romantic dramedy inspired by Barack and Michelle Obama’s first date. The film is focused on the 1989 date when a young Obama — portrayed by Parker Sawyers — was trying to woo lawyer Michelle Robinson (played by Tika Sumpter) on a summer afternoon and evening. The date took place at the Art Institute of Chicago, followed by a screening of Spike Lee’s “Do the Right Thing” and their first kiss outside of an ice cream parlor.
  • PHOTOS: Unaccompanied minors and families crossing Texas border like a Sunday stroll

    07/14/2015 3:00:11 PM PDT · by Oldeconomybuyer · 10 replies
    Breitbart Texas ^ | July 14, 2015 | by BOB PRICE
    Large numbers of unaccompanied minors and incomplete families once again cross the Texas border. The numbers are not as great as last summer’s surge but Border Patrol agents tell Breitbart Texas that significant crossings have again resumed. “This is starting to resemble the surge of 2014,” Border Patrol agent Chris Cabrera told Breitbart Texas Managing Director Brandon Darby in an interview in June. “We are not nearly at the numbers we were last year, but it looks like we are in the opening stages” “We had two groups equal a little over 70 in one hour…. These were women and...
  • Long-haul flight times 'increasing due to global warming'

    07/14/2015 2:41:12 PM PDT · by Oldeconomybuyer · 42 replies
    The Telegraph UK ^ | July 14, 2015 | By Victoria Ward
    <p>Long-haul flights are getting longer due to stronger winds caused by global warming, according to a study.</p> <p>Scientists linked a small increase in return-journey times of long-haul flights with an increase in the variation of the jet stream, the high altitude air that flows from west to east.</p>
  • The question: How will Kathryn Steinle’s death push us forward?

    07/14/2015 2:13:46 PM PDT · by Oldeconomybuyer · 16 replies
    San Francisco Chronicle ^ | July 14, 2015 | By C.W. Nevius
    When it was announced that the parents of Kathryn Steinle, were going to appear on Bill O’Reilly’s national news show, it was hard to imagine what they were going to say. And it didn’t go the way anyone expected. Jim Steinle and Liz Sullivan are understandably lost in grief. But the Pleasanton couple didn’t say we need to tighten the borders or crack down on undocumented immigrants. They slipped into Fox News-speak a couple of times, saying “illegal aliens,” a jarring term that has long passed, like “colored people,” into the realm of pejorative. And I suppose it is also...
  • Commentary: Obama's silence on Kathryn Steinle killing is deafening

    07/14/2015 2:03:18 PM PDT · by Oldeconomybuyer · 29 replies
    Chicago Tribune ^ | July 13, 2015 | By Marc A. Thiessen
    After Trayvon Martin was killed, President Obama spoke emotionally about his death, declaring "this could have been my son." After Michael Brown was killed, Obama promised to ensure that "justice is done". He even sent administration officials to attend Brown's funeral. After Freddie Gray was killed, Obama walked out to the Rose Garden and declared: "We have some soul-searching to do." But after Kathryn Steinle was killed July 1, allegedly by an undocumented immigrant with seven felony convictions, Obama said ... nothing. No promises of "justice." No calls for "soul-searching." His silence has been deafening. Why has Obama been so...
  • McConnell: No timeline for ObamaCare repeal

    07/14/2015 1:49:15 PM PDT · by Oldeconomybuyer · 19 replies
    The Hill ^ | July 14, 2015 | By Peter Sullivan
    Senate Majority Leader Mitch McConnell (R-Ky.) on Tuesday said he does not have a timeline for using reconciliation to repeal ObamaCare, but indicated that Republicans would look to roll back as much of the law as they can. “I don't have a time to give you, but we're certainly going to consider using budget reconciliation for repealing as much of ObamaCare as is reconcilable,” McConnell told reporters. “There're certain rules that have to be applied to what is reconcilable and that's an active consideration, as you can imagine.” Sen. John Cornyn (Texas), the Senate’s No. 2 Republican, later on Tuesday...
  • Clinton speech react: 'Is that it?'

    07/13/2015 4:45:13 PM PDT · by Oldeconomybuyer · 15 replies
    Politico ^ | July 13, 2015 | By BEN WHITE
    illary Clinton gave a big economics speech here on Monday, and the snap reaction among Wall Street investors, economists and ardent financial reformers who thrill to the soak-the-rich rhetoric of Bernie Sanders was a collective: “Meh. What’s next?” “She appears to have taken a page out of the Elizabeth Warren book,” said Jack Ablin, chief investment office at BMO Private bank. “I’m sure a lot of polling went into that. But in terms of inequality and profit-sharing and general economic redistribution, she was a lot longer on problems than she was on solutions.” Many conservatives breathed a sigh of relief...
  • Hedge Funds Reassess China After Market Free Fall

    07/13/2015 4:10:50 PM PDT · by Oldeconomybuyer · 2 replies
    New York Times ^ | July 13, 2015 | By ALEXANDRA STEVENSON
    It wasn’t long ago that hedge funds were preparing for one of the biggest openings into China in years. In November, foreign investors were for the first time able to buy and sell shares listed in the Shanghai market directly. It was a chance to ride the great China bull run. How times have changed. Over the last month, trillions of dollars of value were wiped from the domestic market as stocks plunged by more than a third. The Chinese government has stepped in, issuing a series of increasingly aggressive moves to prop up the market. Hedge funds are now...
  • Correction: Best-Sellers-Books-PW Story

    07/13/2015 3:54:00 PM PDT · by Oldeconomybuyer · 3 replies
    ABC News ^ | July 13, 2015
    The Associated Press, based on incorrect information from Publishers Weekly, reported erroneously the chart positions of some best-sellers books. A corrected version of the story is below: HARDCOVER NONFICTION 1. "The Life-Changing Magic of Tidying up" by Marie Kondo (Ten Speed) 2. "The Wright Brothers" by David McCullough (Simon & Schuster) 3. "A Time for Truth" by Ted Cruz (HarperCollins/Broadside)
  • Here’s What You Can Really Expect from Social Security

    07/13/2015 3:37:55 PM PDT · by Oldeconomybuyer · 20 replies
    TIME ^ | July 13, 2015 | by Philip Moeller
    The projected Social Security shortfall is likely to hit younger workers hardest. Social Security has two trust funds: the Old-Age and Survivors (OAS) fund, and its smaller sibling, the Disability Insurance (DI) fund. Last year’s report said the combined reserves of both funds would be exhausted in the year 2033, at which time it could pay only 77¢ on the dollar of its benefit obligations. The DI fund, however, faces a more immediate crisis. It will run out of money in 2016—as in next year—and its 0.9% payroll tax levy will then collect only enough to pay 81% of its benefit obligations....
  • 6 dead, 26 wounded in weekend shootings in Chicago

    07/13/2015 3:09:11 PM PDT · by Oldeconomybuyer · 26 replies
    Chicago Tribune ^ | July 13, 2015 | By Peter Nickeas
    An older couple walking on Sawyer Avenue in the Little Village neighborhood slowed as they approached the red police tape, and their eyes met those of two young officers standing inside the crime scene. "Pasale, pasale," the officers said to the couple. "Pass." They ducked under the tape and stayed on the sidewalk, away from a cluster of shell casings and shattered glass. A 21-year-old man had been gunned down there. He was the 32nd person shot -- and the sixth killed -- over the weekend. In all, 10 were shot between Sunday afternoon and early Monday morning, nine more...
  • State bill would allow immigration permits for farmworkers

    07/13/2015 2:19:35 PM PDT · by Oldeconomybuyer · 7 replies
    California legislators are considering a measure to allow farmworkers living in the country illegally to get work permits. The LA Times reported Monday that a similar measure died in the statehouse three years ago, opposed by labor unions and immigrants' rights groups who wanted a nationwide immigration overhaul. But with Congress failing to pass immigration reform, California lawmakers took it up again. The measure moved quickly through the Assembly last month but faces uncertain prospects in the Senate. "Here we are three years later, and we can't wait any longer," Assemblyman Luis Alejo, D-Watsonville, the bill's author, told the Times....
  • Iraq launches Iranian-backed offensive to oust ISIS from Anbar

    07/13/2015 1:40:44 PM PDT · by Oldeconomybuyer
    Newsweek ^ | July 13, 2015 | By Jack Moore
    Iraqi troops supported by Iranian-backed Shiite militias have launched a military operation to recapture the country's biggest province, Anbar, from Isis, the military announced on state television. In a statement also read out on state TV, Iraqi Prime Minister Haider al-Abadi said that the terror group is facing "defeats after defeats" against Baghdad's forces. "We will punish the criminals of Isis in the battlefields," he said. A joint spring offensive between Iraqi forces, Iranian-backed Shiite militiamen and US-led coalition aircraft to retake Mosul, the country's second city, has been delayed until 2016.
  • Four Dead, Ten Shot In Baltimore City Over The Weekend

    07/13/2015 1:19:19 PM PDT · by Oldeconomybuyer · 37 replies
    WBAL Radio ^ | July 13, 2015
    It was a deadly weekend on the streets of Baltimore City, with police investigating four homicides and ten shootings. Police say two people died of shootings Saturday: a 40-year-old found suffering from gunshot wounds in the 1800 block of N. Durham Street and an 18-year-old found in the 4300 block of East Wabash Avenue. Police say two more people died Sunday. There were five shootings on Saturday. Baltimore City Police also say two men shot on Friday have died.
  • Climate change threat must be taken as seriously as nuclear war – UK minister

    07/13/2015 8:26:54 AM PDT · by Oldeconomybuyer · 25 replies
    Guardian UK ^ | July 13, 2015 | by Damian Carrington
    The threat of climate change needs to be assessed in the same comprehensive way as nuclear weapons proliferation, according to a UK foreign minister. Baroness Joyce Anelay, minister of state at the Commonwealth and Foreign Office, said the indirect impacts of global warming, such as deteriorating international security, could be far greater than the direct effects, such as flooding. The report, commissioned by the Foreign Office, and written by experts from the UK, US, China and India, is stark in its assessment of the wide-ranging dangers posed by unchecked global warming, including: - very large risks to global food security,...
  • Kerry doesn't view Russia as existential threat: State Department

    07/10/2015 4:51:49 PM PDT · by Oldeconomybuyer · 17 replies
    Reuters ^ | July 10, 2015 | by David Brunnstrom
    U.S. Secretary of State John Kerry does not agree with the Marine Corps general nominated to be America's next top uniformed commander that Russia poses an existential threat to the United States, a spokesman said. U.S. State Department spokesman Mark Toner said Kerry did not share the assessment, even though Russia's actions in Ukraine posed regional security challenges. "The secretary doesn't agree with the assessment that Russia is an existential threat to the United States, nor China, quite frankly," Toner told a regular news briefing. White House spokesman Josh Earnest said on Thursday that the administration was mindful of Russia's...
  • Mass evictions in Healdsburg prompt cries of racism

    07/10/2015 3:57:40 PM PDT · by Oldeconomybuyer · 17 replies
    Santa Rosa Press Democrat (CA) ^ | July 8, 2015 | BY CLARK MASON
    The new owners of a 21-unit, low-rent apartment complex in Healdsburg are evicting all the mostly Latino tenants with plans to fix it up and in some cases more than double the rents, prompting a community outcry as well as highlighting the challenge of providing affordable housing in a hot real estate market. “This town is built on the backs of those people, and those people who trusted me for 30 years to teach their children,” said Judy Sanderson, a retired teacher and self-described “privileged white woman” who said it feels like the new owners are “targeting Hispanic families.” Laura...
  • Governor's finance office opposes bill raising minimum wage in California

    07/10/2015 3:28:42 PM PDT · by Oldeconomybuyer · 5 replies
    Los Angeles Times ^ | July 10, 2015 | By PATRICK MCGREEVY
    Citing significant new costs to the state and a negative effect on businesses, the Brown administration’s Finance Department is opposing a bill that would raise California's $9 minimum wage to $11 an hour on Jan. 1 and boost it again to $13 in 2017. “The Department of Finance is opposed to this bill because it results in significant, unbudgeted costs to the General Fund,” the report says. “Further, Finance notes the net impact of an increased minimum wage on California’s economy and state budget is likely to be negative.” “For the economy, losses from higher production costs to businesses would...
  • Climate change could lead to seas rising 20 feet

    07/10/2015 10:43:09 AM PDT · by Oldeconomybuyer · 119 replies
    CBS News ^ | July 10, 2015 | By MICHAEL CASEY
    Rising sea levels have been mostly measured in inches in the past decades, but scientists said they could increase more than 20 feet in the future as global warming continues to melt ice sheets in Greenland and Antarctica. The dire projections are based on a look back at the climate record, with scientists finding that increases of 20 feet have happened at least twice over the past 3 million years when temperatures were very similar to what they are today. Peter Clark, an Oregon State paleoclimatologist and another co-author of the study, said that because current carbon dioxide levels are...