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Keyword: money

Brevity: Headers | « Text »
  • Citi Economist: Abolish Cash (People Should Have to Pay Banks to Use Money)

    04/18/2015 6:54:20 AM PDT · by Kaslin · 19 replies
    Townhall.com ^ | April 18, 2015 | Nick Sorrentino
    The central banks don’t like that cash makes it hard to cut rates to below zero. 0% is pretty much as far as they can go (though there are exceptions such as in Denmark.) Bloomberg reports;
  • Here’s where Marco Rubio gets his campaign money

    04/17/2015 10:17:52 PM PDT · by entropy12 · 22 replies
    Yahoo finance ^ | 4/13/15 | Rick Newman
    The first two Republicans to declare their presidential ambitions—Sen. Ted Cruz of Texas and Sen. Rand Paul of Kentucky—will most likely battle each other for a limited pool of funds donated by true-red conservatives. Marco Rubio, the third Republican to declare his candidacy, has a much better shot at corralling serious corporate money. Politically, Rubio has been migrating from the limited-government, Tea Party edge of the GOP toward the mainstream, aligning himself with business interests seeking modest reforms rather than the radical downsizing of government. “Rubio has positioned himself as an establishment candidate with appeal to grass-roots conservatives,” says Ford...
  • Biden: ‘I Make A Lot of Money Now As Vice President…A Lot of Money’

    04/07/2015 9:29:13 PM PDT · by PROCON · 20 replies
    cnsnews.com ^ | April 7, 2015 | Penny Starr
    (CNSNews.com) – Speaking at the Department of Housing and Urban Development (HUD) in Washington, D.C. on Tuesday about affordable housing, Vice President Joe Biden said home ownership helped him pay for his children’s college education, even if that would not be the case today because of the amount of money he earns.“I make a lot of money now as vice president – I make a lot of money,” Biden said. “When the president was thanking everyone for the sacrifices they made when they got us all in the Blair House -- after he took office -- and the financial sacrifices...
  • Get rhymin’! Poems wanted for Garrison Keillor contest

    04/06/2015 4:16:18 PM PDT · by TurboZamboni · 25 replies
    BringMetheNews ^ | 4-2-15 | Shaymus McLaughlin
    April kicks off with a day for fools, but spends the rest of its weeks celebrating meters, diction and iambic pentameters. Yes, it’s National Poetry Month. And as part of a celebration of the written word, Garrison Keillor is once again using his Common Good Books in St. Paul for a poetry contest. It’s the third straight year, and Keillor himself is offering $5,000 in prizes – three winners will get a grand apiece, and four runners-up will each get $500. The theme this year? “Dear you.” So the work must be a letter to a “specific, living person,” the...
  • Just When You Thought The Obama Economy Can't Get Any Worse, It's Getting A Lot Worse

    04/03/2015 3:08:49 PM PDT · by Kaslin · 106 replies
    Townhall.com ^ | April 3, 2015 | Donald Lambro
    In the seventh year of Barack Obama's administration, the economy is still getting failing grades that have been the hallmark of his trouble-filled presidency. While he continues to go about the country telling voters that his policies are working, this week's dreary economic data tell a far different story. The bleak headlines in the nation's major newspapers tell the story in its bluntest terms. "Stocks fall on disappointing economic data," said USA Today. "U.S. stocks fall on weak economic data," blares The Wall Street Journal, with this subhead: "Private payrolls rise less than expected in March, adding to concerns about...
  • Obama Huddles Privately With Mormon Leaders in Utah

    04/03/2015 10:34:07 AM PDT · by greyfoxx39 · 40 replies
    Weekly Standard ^ | April 3, 2015 | Daniel Halper
    President Obama met privately with Mormon leaders last night in Utah. One topic on the agenda for the meeting? Immigration. "President Obama is meeting with leaders of the Church of Jesus Christ of Latter-day Saints in Salt Lake City, including President Henry Eyring, President Dieter Uchtdorf, Elder Tom Perry and Elder Todd Christofferson," White House deputy press secretary Eric Schultz told the press. "The President is pleased to meet with top LDS leaders as so many presidents before him have done. Among other issues, they will discuss the church's long record of service, including its work on disaster relief and...
  • Call for Targeted Nat'l Boycotts of Profit-Heavy Products of Big Companies Who Bend to Fascist Few

    04/02/2015 6:28:59 PM PDT · by concernedcitizen76 · 41 replies
    April 2, 2015 | Self
    Since 1996, Gallup polls show that a significant plurality of Americans identify as conservative. Never more than a quarter identify as liberals. A map of the USA that is mostly red shows the congressional districts of the House of Representatives. Money talks. The success of the left is based on the money flow. Despite their smaller numbers, they have learned how to coalesce their energy in order to turn the money spigot on and how to turn the money spigot off. If corporations come to know and fear the prodigious economic power of the conservative and conservative leaning majority, the...
  • Justice Department Rolls Out An Early Form Of Capital Controls In America

    03/21/2015 7:27:08 AM PDT · by Cheerio · 62 replies
    Zero Hedge ^ | 03/20/2015 | Tyler Durden
    Something stunning took place earlier this week, and it quietly snuck by, unnoticed by anyone as the "all important" FOMC meeting was looming. That something could have been taken straight out of the playbook of either Cyprus, or Greece, or the USSR "evil empire", or all three. This is how the WSJ explained it: The U.S. Justice Department’s criminal head said banks may need to go beyond filing suspicious activity reports when they encounter a risky customer.
  • Price decline hits oil patch

    03/29/2015 10:19:40 AM PDT · by Perkinsbob54 · 5 replies
    Albuquerque Journal ^ | 3/25/15 | Kevin Robinson-Avila
    At least 2,000 jobs will likely be lost in New Mexico’s oil and gas industry in the coming months because of sharp declines in the price of crude oil, according to estimates by the New Mexico Energy, Minerals and Natural Resources Department.
  • Yes, Barney Frank Admits, I Want to Blame Only Bush

    03/29/2015 9:42:28 AM PDT · by Impala64ssa · 34 replies
    News Busters ^ | 3/28/15 | Jack Coleman
    As a long-term strategy for defeating jihadists, Americans blaming George W. Bush ad infinitum is sure to be a winner -- for jihadists. It's right up there with American retreat from leadership in the world as high on their list of goals. And sure enough, former congressman Barney Frank heartily endorses both. Frank was among the guests on last night's Real Time with Bill Maher, brimming with his usual persnickety bluster. At one point he tangled with conservative columnist S.E. Cupp on the subject of the abrupt US military withdrawal from Yemen. This led to a pair of candid admissions...
  • Liberal Professor: If You Understand Economics, You're Likely to be a Bad Person

    03/29/2015 9:37:16 AM PDT · by rightistight · 62 replies
    Pundit Press ^ | 3/29/15 | Aurelius
    According to Lisa Wade, a professor at Occidental College in Los Angeles, if you have an understandings of Economics, you are likely a bad person. That was her finding in an article she published this week, titled "ARE ECONOMICS MAJORS ANTI-SOCIAL?" The first word in the piece was simply, "Yep." Dr. Wade writes that if you have taken classes on Economics, you "are less likely to share, less generous to the needy, and more likely to cheat, lie, and steal." She largely bases her belief on a study from 2010. In the study, students were asked if they would like...
  • Oakland Kids Get A Raise From The New Minimum Wage

    03/29/2015 8:41:47 AM PDT · by Oldeconomybuyer · 54 replies
    NPR ^ | March 25, 2015 | by SAVANNAH ROBINSON
    Eighteen-year-old Alicia Donaldson works at a busy McDonald's in East Oakland. Her job is more complicated than anyone might think. "When you do the grill and the chicken by yourself, it's not easy," she admits. "You have to put down the meat on the grill, and then put chicken in the grease. People get burned a lot." That's a lot of pain for only $9 an hour. Today it's still hard work, but now Alicia is making $12.25 instead. "When I worked 56 hours my check was about $480," she remembers. This month the highest minimum wage in the nation...
  • Earnings "Beat the Street" Manipulation Underway as Profit Warnings Mount

    03/29/2015 8:30:49 AM PDT · by Kaslin · 3 replies
    Townhall.com ^ | March 29, 2015 | Mike Shedlock
    Of S&P 500 companies providing first-quarter outlooks, MarketWatch reports 84% have been negative as Profit Warnings Pile Up.Ahead of the start of earnings reporting season, which unofficially kicks off when Alcoa Inc., reports results on April 8, about 84% of the companies that have provided first-quarter outlooks gave negative outlooks. That’s above the 81% that warned Q1 2014, and the five-year average of 68%.< I believe that yellow highlight I added should say Q3. More importantly, it would have been nice for MarketWatch to actually link to FactSet because it contains some interesting charts and analysis.Earnings Insight Let's dive into...
  • Fast-Food Restaurant Chains That Rake In $2M+ Per Store

    03/29/2015 8:20:46 AM PDT · by TurboZamboni · 34 replies
    forbes ^ | 8-14-14 | Carol Tice
    Have you ever visited your favorite fast-food restaurant and, as you grab that sack of burgers or chicken, wondered how much money that restaurant makes? Well, restaurant trade magazines track those stats for the big fast-food chains. And the answers can be surprising. It turns out that only seven of the top 50 quick-serve brands in the country pull in more than $2 million per store. For perspective on that, for a full-service restaurant to be a profitable enterprise, it needs to pull in $1 million a year — that’s the rule of thumb I learned in my years as...
  • A Three-Sided Minimum Wage Debate Moves into Nevada

    03/29/2015 7:54:23 AM PDT · by rktman · 4 replies
    pjmedia.com ^ | 3/29/2015 | Rod Kackley
    One Nevada senator wants to cut the state’s minimum wage by $2 an hour. Another wants to raise it by $8 an hour. Guess which senator is a Democrat and which is a Republican. That is an easy one. But this is tougher. Guess which party is also pushing to raise the state’s minimum wage by 75 cents. Nevada Republican Sen. Joe Hardy wants to scrap the state’s constitutional amendment that provides a minimum wage of $7.25 an hour with health insurance coverage — same amount as the federal minimum wage — and $8.25 an hour if the employer does...
  • Barney's Blithering Misunderstanding of Business: 'Your Being There Means Somebody Else' Won't Be

    03/29/2015 7:53:12 AM PDT · by governsleastgovernsbest · 19 replies
    NewsBusters ^ | Mark Finkelstein
    Two days ago I ordered online a used copy of Milton & Rose Friedman's classic "Free to Choose," hoping a liberal loved one would be willing to read it. That doesn't look like it's going to happen, so now I'm tempted to send the book to Barney Frank—since it's apparent that, like many liberals, he doesn't understand the most basic notions of how free markets work. On Steve Kornacki's MSNBC show today, Frank described business creators as being "given privileges." Barney then added this mind-boggler: "there's only a limited amount of space, there's only a limited amount of businesses. Your...
  • What Investing Icon Jack Bogle Gets Wrong about ETFs

    03/29/2015 7:47:31 AM PDT · by Kaslin · 21 replies
    Townhall.com ^ | March 29, 2015 | Doug Fabian
    John “Jack” Bogle is an icon in the investing industry. The founder of Vanguard and the “father” of index mutual fund investing has had a lot of good ideas over the years. Unfortunately, the ideas in his recent editorial in the Financial Times are not among those good ideas. According to Mr. Bogle, exchange-traded funds (ETFs) are something that investors should “beware” of. As Bogle writes, “Mark me as a member of a small group of cohorts who are dubious about the utility of ETFs for long-term investors.” Bogle goes on to express some rather bad views about ETFs as...
  • Domino's policy changes on deliveries angers residents

    03/29/2015 7:29:43 AM PDT · by SeafoodGumbo · 87 replies
    WWL-TV ^ | 3-26-15 | Jaclyn Kelley
    NEW ORLEANS - There will be no more Domino's deliveries in the Lower 9th Ward after dark.It is one of the changes the pizza company is making after another one of its drivers was murdered in the Lower 9th Ward while on the job, but residents and one city leader say the policy change is a knee-jerk reaction that is singling out their community."It just, again, puts a black eye on this community," said Vanessa Gueringer, a life-long resident of the Lower 9th Ward.Michael Price, a 36-year-old father of three, is the second Domino's delivery driver murdered on the job...
  • Wall Street welcomes expected Chuck Schumer promotion

    03/29/2015 6:28:06 AM PDT · by amnestynone · 13 replies
    CNN ^ | March 27, 2015 | MJ Lee
    Chuck Schumer is set to get a big promotion -- and that's welcome news to Wall Street. The veteran Democratic senator from New York is widely expected to take Senate Minority Leader Harry Reid's job when he retires at the end of 2016. Reid, who announced he would not be running for reelection Friday morning, quickly endorsed his New York colleague for the role. Schumer's ascension to the top Democratic position in the Senate -- and even possibly to Senate majority leader if his party regains control of the chamber -- is a boon for the finance and business communities,...
  • What Was Really at Stake in the Israeli Election: Free Enterprise

    03/28/2015 5:07:11 AM PDT · by Kaslin · 5 replies
    Townhall.com ^ | March 28, 2015 | John C. Goodman
    In terms of skills and education, Israel probably has the highest level of human capital per person in the whole world. Yet it’s per capita output is mediocre – in the middle of the developed country pack. Why is that? Because Israel has been slow to adopt capitalism. How do I know that? Because Bibi Netanyahu told me that in an interview in Dallas, several years before he became prime minister. Once he became Israel’s leader, he was been able to do something about it. In recent years Israel has become a center for entrepreneurship, innovation and capitalist spirit. But...
  • Why capitalist virtue beats cronyist sin

    03/09/2015 10:24:02 AM PDT · by E. Pluribus Unum · 2 replies
    Human Events ^ | 03/09/2015 | Lawson Bader and and Fred Smith
    At a breakout session during the recent Conservative Political Action Conference, one of us posed a question to the audience: What do members of the Tea Party and Occupy Wall Street have in common?Hint: it has something to do with the 2008 bailout of private banks by American taxpayers. The insidious stink from that sorry episode lingers to this day—on both parties. Now the reasons for outrage over the bailouts were different for each group. For the Tea Partiers it was an unwarranted intrusion into the free market; for the Occupiers a taxpayer-financed gift to wealthy executives they believe caused...
  • Elizabeth Warren tells donors minorities were ‘targeted’ with subprime mortgages

    12/08/2014 2:10:54 PM PST · by SeekAndFind · 79 replies
    Hotair ^ | 12/08/2014 | Noah Rothman
    Progressive icon Sen. Elizabeth Warren (D-MA) recently dropped a bombshell in a private meeting with Boston-area donors, according to a report in Politico. The dispatch focuses primarily on WarrenÂ’s candid criticisms of President Barack Obama and his pick to serve as undersecretary for domestic finance at the Treasury Department, Antonio Weiss. This bit of fractious infighting within the Democratic Party will provide pundits with an opportunity to examine the divisions within the Democratic coalition, but Warren also made a more interesting contention in this meeting that merits further review. According to sources who attended that meeting, Warren heavily criticized...
  • 8 Basic Money Lessons Everyone Should Know

    03/29/2015 8:27:28 AM PDT · by TurboZamboni · 34 replies
    Daily Worth ^ | 3-24-15 | Natasha Burton
    Where should we learn how to handle money? School. But we don’t. Instead, what you know — or don’t know — about finances stems from a number of factors: how you were raised and what you learned from friends, financial advisors, a spouse, random Internet searches, and so on. Which leads to money habits that aren’t ideal. So we talked to the pros to find out what you should have learned in school. Here’s what they said.
  • What personal finance software do FReepers use? *VANITY*

    03/16/2015 5:24:49 AM PDT · by rarestia · 43 replies
    My noggin ^ | 16 March 2015 | The Rarest
    Since my 8-year-old copy of Microsoft Money has finally decided to unceremoniously stop working, I've decided to start shopping around for a new personal finance program. My needs are relatively small. I really only use it to track my checking account and mortgage. I looked into Intuit's Quicken software, but the reviews were pretty bleak. It seems that Intuit hasn't learned and continues to churn out garbage software that people just learn to live with and then are forced to upgrade 2 years later. On top of that, it's my understanding that you have to sign up for an account...
  • Your Inheritance May Be a Strange Experience

    03/15/2015 8:15:45 AM PDT · by Kaslin · 25 replies
    Townhall.com ^ | March 15, 2015 | Bruce Bialosky
    A theme that dramas and soap operas have dwelled on is the spats people can have over what their ancestors may leave for them. Life imitates art has been my experience seeing relatives squabble over the dead carcasses, but some have taken the issue to heart in a new television series on the Fox Business Network (FBN) called Strange Inheritance. The episodes I watched did not involve fisticuffs, but they incorporate many of the same decisions that one has to confront upon the death of a loved one. First, there are the wishes of the dear departed. What did the...
  • VIRTUE has gone forth, it seeks ~ its source [charismatic caucus]

    03/17/2014 9:51:21 AM PDT · by Jedediah
    The Joshua Chronicles,Bible ^ | 3-17-14 | Jedediah
    Virtue has gone forth, It seeks its source , The holy and true, But will it be found on you ?! Those faithful to abide, In My presence and not hide, Those with the abilty, To drink from My cup and see, Clearly the Father's Will, To stand near My Voice and Quill, Those with the abilty to know, The understanding of the coals that glow, My pure and Holy Testimony, For these coals represent Me, And now this harvest that is mine, Is about to see and witness the Outpouring of My Spirit Divine, For all of Heaven and...
  • [Bubba] Clinton has received $16 million in post-presidency benefits

    03/13/2015 2:52:55 AM PDT · by Zakeet · 15 replies
    Fox News ^ | March 13, 2015
    Former President Bill Clinton has received nearly $16 million in taxpayer funds since leaving the White House, covering everything from his pension to personnel to benefits -- and renewing questions over how much taxpayers really should spend on ex-presidents who make millions after leaving office. A new Politico report and analysis examined the payments since he left office in 2001, and claimed it amounts to more than any other ex-president has received. Meanwhile, Politico points out, Clinton has a personal annual income that beats all the other living former presidents. His $15 million advance -- then a record -- for...
  • We Need a Woman on the $20 Bill

    03/10/2015 9:02:25 AM PDT · by C19fan · 102 replies
    Daily Beast ^ | March 10, 2015 | Lucy Vernasco
    Rosa Parks should be on the $20 bill, not Andrew Jackson—one group is taking that argument all the way to the White House. Women make up 50 percent of the U.S. population and 85 percent of all consumer purchases, so isn’t it about time we got a face on some legal tender? Women on 20s is a nonprofit on a mission to make a woman on the $20 bill a reality. “This is designed to be a grassroots campaign. We want this to come from the people,” says Susan Ades Stone, executive director and strategist of Women on 20s. “This...
  • The Peace of Jesus ~ [Charismatic Caucus]

    03/09/2015 9:03:22 AM PDT · by Jedediah · 2 replies
    Bible,The Joshua Chronicles ^ | 3-9-15 | Jedediah
    The Peace of Jesus ~ He gives us his Peace but More importantly he Gives Us Himself and His Authority to quiet any Storm ... Peace to you "As I AM" for where ever you go now in these days ahead My Peace shall not only calm the Seas and quiet the Storms turmoil but The Lions shall lay quietly with The Lamb as My Spirit moves AS The Father's Will endowed now in You ! My Shalom is not only with you but "I AM". My "BE STILL" IS yours to breathe ~ ~ ~ John 14 :1,27 Do...
  • Astronomy Picture of the Day -- NGC 602 in the Flying Lizard Nebula

    03/08/2015 7:04:57 AM PDT · by SunkenCiv · 5 replies
    NASA ^ | March 07, 2015 | (see photo credit)
    Explanation: Near the outskirts of the Small Magellanic Cloud, a satellite galaxy some 200 thousand light-years distant, lies 5 million year young star cluster NGC 602. Surrounded by natal gas and dust, NGC 602 is just below center in this telescopic field of view with the angular size of the Full Moon on the sky. The cluster itself is about 200 light-years in diameter. Glowing interior ridges and swept back shapes strongly suggest that energetic radiation and shock waves from NGC 602's massive young stars have eroded the dusty material and triggered a progression of star formation moving away from...
  • Kochs and Unions

    02/25/2015 6:35:55 AM PST · by Kaslin · 6 replies
    Townhall.com ^ | February 25, 2015 | John Stossel
    Lots of people sure hate the Koch brothers. The Kochs get death threats like this: "If I had a chance to murder a Koch brother in cold blood, I would surely take it." Jim Dean doesn't want to kill the Kochs, but he does want new laws to limit their influence. Dean's brother Howard was a Democratic presidential candidate, and Dean chairs a group called Democracy for America. "Get money out of politics," Dean says on my show this week. But Dean's not just unhappy because the Kochs have money to throw around. He doesn't like their politics. "The Koch...
  • 17,000 Federal Employees Earned More Than $200K Last Year

    02/24/2015 3:51:39 PM PST · by SoFloFreeper · 23 replies
    National Journal ^ | 2/24/15 | Eric Katz
    More than 16,900 federal employees took home in excess of $200,000 in base salary in 2014, according to a partial database of federal salary data. The information, compiled by FedSmith.com using data from the Office of Personnel Management and other agencies, shows the annual compensation for every civilian federal worker, save those at the Defense Department. The number of workers earning more than $200,000 represented about 1.6 percent of employees on the list and is up from about 15,000 who cleared that salary in 2013. It also makes up a slightly higher percentage of the employees on this list. Most...
  • Looks like Gruber thought stupid Americans wouldn’t notice if he overbilled them

    02/24/2015 9:12:55 AM PST · by conservativeread
    Conservative Read ^ | 02/24/15 | Jazz Shaw
    It’s a timeworn tactic of the Cuban Communists, something any good magician quickly learns: diversion is your best friend. On Monday, as American administration officials, members of Congress and exiles were making lots of noise about the weekend arrest of some 200 dissidents on the island, Raul Castro and Communist Party Central Committee were meeting in Havana to decide the political fate of the nation.
  • The Eternal Love of The Father

    02/24/2015 8:15:54 AM PST · by Jedediah · 4 replies
    bible , ^ | Jedediah
    THE Eternal Love of The Father Virtue upon virtue , line upon line of My Word is truly a River of Life as you walk in My Love and not your own for as your Father in Heaven I AM with you always even onto forever but it is My desire you carry My Heart and not your own for your love can be injured But My Love for you ,in you and through you is an unstoppable Truth that sheds off the lies of the enemy and before which all condemnation Must Fall! For My Love is Sovereign and...
  • All the lies of Wall Street

    02/21/2015 5:24:49 AM PST · by MeneMeneTekelUpharsin · 14 replies
    Thought and History | 21 February 2015 | Mene Mene Tekel Upharsin
    Interesting how the really bad weather NOW makes the stock market go up instead of down? Seems that some years ago, I noticed the indexes would fall after a bad storm and the media would immediately report that the economy was affected by the weather. Also, some military action in some other part of the world affected stocks here. I mean, it almost to the point of where if Obama farts, the market goes up (or down). Our sources of information have all been co-opted by the Devil. The general public has no clue to what degree the media has...
  • Done deal: Floyd Mayweather will fight Manny Pacquiao on May 2

    02/21/2015 4:43:16 AM PST · by 9thLife · 17 replies
    yahoo.....!? ^ | "13 hours ago" | Kevin Iole Yahoo Sports
    LAS VEGAS – After years of frustration and disappointment, following many starts and stops, perhaps the most talked about boxing match in history is finally a reality. Floyd Mayweather Jr. announced Friday that he's agreed to fight Manny Pacquiao in a welterweight bout May 2 at the MGM Grand Garden in Las Vegas. It's a bout the public has been calling for since late 2009 and pits the two finest boxers of their generation in a historic event.
  • money for nothing the movie

    02/19/2015 8:29:40 AM PST · by entropy12 · 23 replies
    moneyfornothingthemovie.org ^ | 2013 | Liev Schreiber
    Nothing Inside The Federal Reserve is an independent, non partisan documentary film that examines America's central bank in a critical, yet balanced way. Narrated by the acclaimed actor Liev Schreiber, and featuring interviews with Paul Volcker, Janet Yellen, Jeremy Grantham and many of the world's best financial minds, Money For Nothing is the first film ever to take viewers inside the world's most powerful financial institution.
  • Jeb Bush’s war chest far outpacing field of GOP contenders

    02/13/2015 1:26:18 PM PST · by SoFloFreeper · 40 replies
    Washington Post ^ | 2/13/15 | Matea Gold
    Jeb Bush’s money juggernaut is far eclipsing the efforts of his would-be rivals for the 2016 GOP presidential nomination, putting his two political committees on pace to amass an unprecedented sum of tens of millions of dollars by early spring. The former Florida governor’s overwhelming dominance in the race to line up financial backers has come at a speed that has impressed longtime Republican money players, who say wealthy party backers have rapidly migrated to Bush since 2012 nominee Mitt Romney decided against another White House run two weeks ago.
  • Somalis push Minnesota officials to help after bank halts money transfers

    02/07/2015 6:08:27 PM PST · by ButThreeLeftsDo · 26 replies
    StarTribune.com ^ | 2/7/15 | ALLISON SHERRY
    Somalis living in the Twin Cities are begging Minnesota’s elected officials to help find a way to safely wire money back to families living in the Horn of Africa after a California bank abruptly ceased wiring cash to the troubled country over the weekend. The decision by Merchants Bank to stop that part of its operations last Friday caught Somalis, who use money service businesses to wire money abroad, off-guard in communities across the United States. Of the more than 30,000 Somali immigrants living in the Twin Cities, 80 percent of them use money service businesses to send money abroad,...
  • The Relative Value of $100 Changes by State—This Map Shows What a Benjamin Is Worth Where You Are

    02/07/2015 9:05:22 AM PST · by Baynative · 78 replies
    IJ Review ^ | Feb 6, 2015 | Joseph Perticone
    A newly released map from the Tax Foundation shows the relative value of $100 varies, depending on the state in which you’re looking to spend money
  • Ex-Sen. Leland Yee pleads not guilty to expanded charges (shoulder-fired missiles)

    02/06/2015 2:28:56 AM PST · by Libloather · 5 replies
    SF Gate ^ | 2/05/15 | Bob Egelko
    Former state Sen. Leland Yee pleaded not guilty Thursday to an expanded indictment in his corruption case that included two new charges of money-laundering. The San Francisco Democrat was first charged in April, along with more than two dozen other defendants, of accepting $62,000 in bribes from FBI agents posing as contributors in exchange for legislative favors, and for illegally importing firearms from the Philippines.
  • The Fed Fires Back at Rand Paul

    02/05/2015 4:16:22 PM PST · by SatinDoll · 41 replies
    The Hill ^ | Feb. 5, 2015 | Fred Cirilli
    The Federal Reserve is lashing out at Sen. Rand Paul’s plan to give Congress more oversight over the central bank, a proposal that could gain traction in the new Republican-led Congress. The Kentucky Republican reintroduced his “Audit the Fed” legislation last month with 30 co-sponsors, including other potential 2016 GOP hopefuls, Sens. Ted Cruz (Texas) and Marco Rubio (Fla.). [snip] On Wednesday, Cleveland Fed President Loretta Mester criticized the legislation as “misguided” during public remarks in Columbus, Ohio. “They really are about allowing political considerations to influence monetary policy decisions,” Mester said in her speech. “This would be a tremendous...
  • Jeb Bush lays out plans for 60 fundraisers for 2016 bid

    02/05/2015 5:44:00 AM PST · by SoFloFreeper · 39 replies
    Washington Times ^ | 1/20/15 | David M Drucker
    ....Bush operatives who joined the former Florida governor at the afternoon event announced that 60 events in cities across the country have been scheduled to raise money for his federal leadership political action committee, which can accept money only in limited amounts, and his super PAC, which can accept checks in unlimited amounts.
  • Does the Art Market need Regulating?

    02/03/2015 8:25:09 AM PST · by woofie · 8 replies
    Blouin Art ^ | 2/3/2015 | MOSTAFA HEDDAYA
    Denunciations of the art market are a dime a dozen, the bogeymen equally manifold: speculative collectors, corrupt dealers, artists enlisted to mint an alternative currency for global circulation. But when one of the world’s most high-profile economists calls for the art market’s regulation, as Nouriel Roubini did last month at the World Economic Forum in Davos, Switzerland, people tend to listen. Speaking at a lunch event hosted by the weekend edition of the Financial Times, Roubini denounced the use of art “for tax avoidance and evasion.” “While art looks as if it is all about beauty, as a business it...
  • Top 10 Reasons George Soros is Dangerous

    04/02/2011 4:34:49 PM PDT · by opentalk · 23 replies
    Human Events ^ | April 2, 2011 | Human Events
    Human Events’ readers, in an online poll, recently voted billionaire financier George Soros “the single most destructive leftist demagogue in the country.” Here are the Top 10 Reasons George Soros Is Dangerous1. Gives billions to left-wing causes: Soros started the Open Society Institute in 1993 as a way to spread his wealth to progressive causes. Using Open Society as a conduit, Soros has given more than $7 billion to a who’s who of left-wing groups. This partial list of recipients of Soros’ money says it all: ACORN, Apollo Alliance, National Council of La Raza, Tides Foundation, Huffington Post, Southern Poverty...
  • Super Bowl: Scientology Ad Promises "The Age of Answers"

    02/02/2015 2:11:26 AM PST · by 9thLife · 24 replies
    Hollywood Reporter via Drudge ^ | 2/1/2015 5:35pm PST | by Ryan Gajewski
    The Church of Scientology has aired a Super Bowl ad in light of ongoing controversy over a Sundance documentary centered on the religion. The ad features voiceover accompanied by quick clips of footage including a person hiking, a DNA strand and a close-up of an eye. [READ MORE Scientology Creates Twitter Account to Discredit New Movie] "We live in an age of searching: to find solutions, to find ourselves, to find the truth," the announcer says in the ad. "Now imagine an age in which the predictability of science and the wisdom of religion combined. Welcome to the age of...
  • Eurozone alarm grows over Greek bailout brinkmanship

    02/01/2015 6:06:03 PM PST · by SkyPilot · 39 replies
    Financial Times ^ | 1 Feb 15 | Anne-Sylvaine Chassany in Paris and Peter Spiegel in Brussels
  • Virgin Australia cuts US airfares as fuel prices plunge

    01/22/2015 10:06:40 AM PST · by Daffynition · 1 replies
    news.com.au ^ | January 22, 2015 | staff reporter
    VIRGIN Australia has become the first airline to react to months of declining jet fuel prices, announcing it will restructure its US airfares to reflect the savings. Although it will not do away with the fuel surcharge altogether, the airline will incorporate fuel costs into fares the same as other operating expenses. Flights from Brisbane and Sydney to Los Angeles, are the only routes Virgin Australia operates which attract a fuel surcharge of $680.
  • Republicans outfox Democrats on climate votes

    01/22/2015 7:15:14 AM PST · by 2ndDivisionVet · 17 replies
    The Politico ^ | January 21, 2015 | Elana Schor and Darren Goode
    The GOP accepts the notion of climate change - but not the way Democrats wanted them to.Senate Republicans head-faked Democrats on climate change Wednesday, agreeing in a floor vote that the planet’s climate was changing, but blocking language that would have blamed human activity. In a complicated maneuver that was the first politically perilous test for Senate Republicans, the new majority party split up the votes that Democrats had hoped would force the GOP into an awkward roll call on whether they believed in the science behind climate change — just hours after President Barack Obama slammed Republicans in his...
  • Open-ended European QE set to 'start with a bang'

    01/22/2015 7:12:26 AM PST · by Red Badger · 15 replies
    CNBC ^ | 01/22/2015 | Katy Barnato
    European Central Bank (ECB) President Mario Draghi announced the launch of an open-ended, expanded monthly 60 billion euro ($70 billion) private and public bond-buying program on Thursday. The long-anticipated introduction of euro zone government bond purchases will bring the ECB's buying program into line with the U.S. Federal Reserve's quantitative easing (QE). The program will be open-ended, lasting until at least 2016, Draghi told reporters at his regular media conference on Thursday, and will start in March this year. The hope is that it will boost the region's painfully low inflation rate, which came in at an annual minus 0.2...