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Keyword: socialism

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  • Argentina Defaults

    07/30/2014 3:24:33 PM PDT · by jimbo123 · 43 replies
    Yahoo Finance ^ | 7/30/14 | Linette Lopez
    Argentina has defaulted again. Argentine Finance Minister Axel Kicillof is now addressing the world from Argentina's consulate in New York City. He has delivered the news that Argentina is in default, having failed to satisfy the demands of a group of hedge fund creditors negotiating over $1.3 billion worth of debt owed to them for over a decade. "The Argentine Republic has filed for a stay [on payment] with Judge Griesa... The Judge decided that if the vulture funds said there could be a stay there would be a stay," said Kicillof. "The vulture funds were not willing to grant...
  • BREAKING: Senate report exposes the movement as cash machine controlling the EPA

    07/30/2014 2:53:00 PM PDT · by Enchante · 29 replies
    Watts Up With That ^ | July 30, 2014 | Anthony Watts
    How a Club of Billionaires and Their Foundations Control the Environmental Movement and Obama’s EPA A new report was released today by the Senate Environment and Public Works committee, and it is damning. All this time that climate skeptics are accused of being in the employ of “big oil” is nothing more than a projection of their own greed. Some excerpts: Over 7.9 BILLION in funding between these groups.
  • Obama’s Support Of Islamic Socialism Seen In Israel

    According to President Obama, Muslims built the “very fabric of our nation.” This is interesting because the very fabric of our nation was built during the colonial period. During this time there wasn’t a single Muslim in America. In fact, there’s no record of a mosque in the United States until 1915 when a group of Albanians built one in Maine. Obama’s rewriting of history is on one hand ridiculous and on the other hand completely understandable. This President favors Islamic socialism in the middle east and he favors socialism at home. He’s in bed with Islam because it suits...
  • El Salvador: 'A new progressive hope for Latin America'

    07/28/2014 7:52:36 AM PDT · by Oldeconomybuyer · 9 replies
    The Green Leaf Weekly (Communists) ^ | July 28, 2014 | By Marta Harnecker
    What does the triumph of FMLN candidate Salvador Sanchez Ceren, in the March 9 presidential elections in El Salvador represent for Latin America? I see his victory as very significant because it not only further strengthens the progressive current expanding through Latin America since the 1998 triumph of Chavez in Venezuela, but because he is the first president since Chile's Salvador Allende to reach the presidency by putting forward a project that he had no qualms in calling socialist. At the same time, he has explained socialism as a democratic, participatory project that is not decreed from above. This idea...
  • IATA seeks meeting with Venezuela president over money owed to airlines

    07/28/2014 7:35:52 AM PDT · by Oldeconomybuyer · 4 replies
    Reuters ^ | July 28, 2014 | by Victoria Bryan
    A leading air transport industry body has called for a top-level meeting with the Venezuelan president to discuss ways to restore over $4 billion of airlines' money that is trapped in the country due to its currency controls. President Nicolas Maduro's government requires airlines to sell tickets in the bolivar currency but has been slow to allow them to repatriate the earnings. IATA said on Monday that international capacity on routes to Venezuela is down 36 percent year-on-year, or down 49 percent from 2013 peaks. "Confidence in the market is falling sharply," Tyler said. "Venezuela risks becoming disconnected from the...
  • What Margaret Thatcher Missed: Why you can never "run out of other people's money" to spend

    07/28/2014 6:56:49 AM PDT · by SeekAndFind · 23 replies
    American Thinker ^ | 07/28/2014 | James Longstreet
    The “Iron Maiden." She was the staunch and sturdy leader of Great Britain who once held up F. A. Hayek’s masterwork “Road to Serfdom” and declared “This is what we believe in.” Hayek’s work is a road map for what could go wrong when individual freedoms are lost and central planning becomes the answer for every ill. When truth is bent to meet the moment and government decision making is the proposed cure all, “serfdom” is the destination. Margaret, in believing Hayek’s cautionary, also declared that Socialism cannot sustain itself. Socialism can not last because eventually “you run out of...
  • Book Publishing Needs Socialism to Save It ("need" to suppress competition like France does)

    07/27/2014 2:24:07 PM PDT · by ransomnote · 46 replies
    bookmarketingbuzzblog.blogspot.com ^ | July 24, 2014 | Brian Feinblum
    Book Publishing Needs Socialism to Save It Let me just state up front that I love America and wouldn’t live anywhere else but, I also believe there’s room for a blend of socialism and capitalism to exist in a democratic society, and when it comes to how books are sold or treated, I prefer what the French and other advanced nations do. They protect books and the printed word. I applaud them—and so should you. Here in the U.S., thanks largely to Amazon, books have become commoditized. You can buy clothes based on price—or a desk or the hotel you...
  • Venezuela's Maduro combats dissidence among ruling socialists

    07/26/2014 9:26:36 AM PDT · by Oldeconomybuyer · 11 replies
    Reuters ^ | July 26, 2014 | BY ANDREW CAWTHORNE
    CARACAS - Venezuela's ruling Socialist Party began a six-day congress on Saturday with President Nicolas Maduro seeking to quieten hardliners who believe the state is failing to stem corruption or fix the economy. Venezuela has the highest inflation rate in the continent at 62 percent in the 12 months to June. A Byzantine currency control system, with official rates ranging from 6.3 to 50 bolivars to the dollar and a black market level of 80, is creating price distortions, stimying private business and earning huge sums for those playing the system. Shortages of basics continue across the nation, while electricity...
  • Who Is Most To Blame For Climate Change?

    07/25/2014 7:29:21 AM PDT · by Oldeconomybuyer · 59 replies
    NPR ^ | July 24, 2014 | by BARBARA J. KING
    Here in southeastern Virginia, our biggest city, Norfolk, is saddled with an unwanted claim to fame. Norfolk is the place "where normal tides have risen 1.5 feet over the past century and the sea is rising faster than anywhere else on the East Coast." NPR notes that the Norfolk area "is particularly vulnerable because the land is sinking as sea levels are rising." As we frequently discuss here at 13.7, human-caused (anthropogenic) climate change is a global problem. Surprisingly, at least to me, the evidence points to a narrative of universal blame, instead of one in which the "big countries"...
  • O’Reilly: The ObamaCare Battle Is ‘Capitalism vs. Socialism’

    07/23/2014 11:37:03 PM PDT · by ri4dc · 16 replies
    Fox Talking Points Memo ^ | July 23, 2014 | Bill O’Reilly
    O’Reilly characterized ObamaCare as “a pure income redistribution play,” a hallmark of socialism. “President Obama and the Democratic Party want to put as much money into the hands of the poor and less affluent as they can, and health care subsidies are a great way to do just that,” he explained. As those funds for subsidies are taken from businesses and affluent Americans, O’Reilly said our country is now moving toward socialism and will suffer economically if the entitlement culture expands.
  • John Roberts vs. Obamacare: Rock, Paper, Socialism Sucks!

    07/23/2014 3:46:45 PM PDT · by xuberalles · 17 replies
    Self | 1/23/14 | Me
    It’s not very often when one man, liable for the most destructive decision in a nation’s ideological history, is presented with an opportunity to eradicate his greatest transgression: empowering a socialist leviathan that became the greatest Trojan horse of excessive government in our history. The real question is, after an appeals court ruling struck down key components of the law and dealt John Roberts a temporary stay of stupidity, will he once again abandon 225 years of proven checks and balances, or will the Chief Justice inexplicably pardon Obamacare for a second time and reward those who lied about its...
  • The Red Flag of Yellow Journalism: Cows Need Food Stamps

    07/22/2014 6:19:39 PM PDT · by xuberalles · 6 replies
    Self | 7/22/14 | Me
    Define the lunacy of the liberal Reich? Politico, the flaming slingshot of Democrats across this nation, claimed in a double fit of Espresso rage that Rick Perry was sending troops to the border to kill children? That's right, not to stop thousands of undocumented illegals streaming into a sovereign state, dare I say country, without immunizations or permission, but to kill their innocent children in hopes no one would notice? After all, that's what modern day Republican Governors do in the information age…kill children to increase the value of Snapchat. Hmm, I'm confused, are we living beneath the propaganda banner...
  • Venezuela's Transformation To Socialist Utopia Is Nearly Complete (shortened)

    07/22/2014 1:49:53 PM PDT · by Kartographer · 14 replies
    Zero Hedge ^ | 7/22/14 | Tyler Durden
    "I can't find anything. Prices are climbing daily," said Jesus Ramirez, a taxi driver who has spent a year trying to replace the 2008 Renault he purchased new for $7,441. He sold the car for over $30,000 five years later. With inflation at 60% a year, among the highest in the world, Venezuelans protect their earnings by buying cars, among other big-ticket items. Car parts needed to keep vehicles on the road have also become difficult to find. That has led thieves to steal parts such as batteries from parked cars. The owner of a Caracas car dealership who said...
  • World’s 2nd Richest Man Calls for 3-Day Work Week, Longer Hours

    07/22/2014 6:49:21 AM PDT · by Olog-hai · 28 replies
    Fox News Insider ^ | Jul 21, 2014 6:23PM
    Would a three-day work week improve your quality of life? Carlos Slim, the second richest man in the world, says it would. During a press conference, Slim called for a “radical overhaul” in workers’ lives. He said people should work three days a week, but longer hours. He also said people should work more years, until they’re 70 or 75. …
  • Workers receive wage hikes of up to 37% (Argentina)

    07/22/2014 5:32:29 AM PDT · by Oldeconomybuyer · 3 replies
    Buenos Aires Herald ^ | July 22, 2014
    The national government yesterday unveiled the results of collective wage bargaining for the first half of the year, stressing the fact that salaries have risen by up to 37 percent “amid a difficult context marred by economic troubles.” The Labour Ministry considered not only hikes in basic salaries but also extra sums agreed to between workers and employers. Meanwhile, private estimates say inflation for the last 12 months has clocked in at around 37 to39 percent.
  • The Way This City Is Tackling Gas Prices Has Some People Crying ‘Socialism’

    07/21/2014 7:06:35 PM PDT · by lowbridge · 26 replies
    theblaze.com ^ | july 21, 2014 | zach noble
    The town of Somerset, Kentucky, opened a city-run filling station on Saturday, the Associated Press reported, offering gas to the public at below-market rates. From the Associated Press: The Somerset Fuel Center opened to the public selling regular unleaded gas for $3.36 a gallon, a bit lower than some nearby competitors. In the first three hours, about 75 customers fueled up at the no-frills stations, where there are no snacks, no repairs and only regular unleaded gas. The mayor says the station was created in response to years of grumbling by townspeople about stubbornly high gas prices in Somerset, a city...
  • Kidney Stone Risk Creeps North as Climate Changes

    07/21/2014 4:01:17 PM PDT · by Oldeconomybuyer · 38 replies
    Scientific American ^ | July 21, 2014 | By Umair Irfan-Wanker
    ... In a study published earlier this month in the journal Environmental Health Perspectives, Tasian and his collaborators reported that higher average daily temperatures increased the relative risk of forming kidney stones. The results indicate that the changing climate can directly affect human physiology. "We were looking at what is the risk of a patient presenting with stones after daily temperatures rose," he said. The researchers in this case looked at a database of insurance claims from 60,433 patients from Atlanta, Chicago, Dallas, Los Angeles and Philadelphia between 2005 and 2011. They assessed the relative risk of kidney stone formation...
  • College Indoctrination Hits a Wall

    07/21/2014 9:01:59 AM PDT · by Academiadotorg · 10 replies
    Accuracy in Academia ^ | July 19, 2014 | Malcolm A. Kline
    College faculties may be further to the political left than they have ever been but students aren’t necessarily following in the same direction. “In 1971 National Review published the results of a poll of undergraduates at twelve American campuses in 1969-1970,” George H. Nash wrote in his book The Conservative Intellectual Movement in America Since 1945. “The results were deeply disheartening to conservatives.” The NR poll found that: “Three-fifths [of the respondents] call themselves political liberals, fully 17 % are self-proclaimed radicals.” “Almost half favor the socialization of all basic industries” “Just over half believe that organized religion is harmful...
  • Drought hinders California's clean energy goals

    07/20/2014 5:40:26 PM PDT · by Oldeconomybuyer · 16 replies
    Fresno Bee ^ | July 20, 2014
    SAN FRANCISCO — Already locked in its third dry year, an ongoing drought could complicate California's battle against global warming and make it more expensive, officials said. For years, dams have been one of California's main sources of clean energy, generating power without spewing greenhouse gases into the air. "If there's less hydro, the power has to come from somewhere," said Victor Niemeyer of the Electric Power Research Institute. "You have to burn more gas, and that costs more money." A power plant operator that uses more natural gas, raising its emissions, must make up by buying "allowances" under the...
  • Rev. Dr. Thistlethwaite, You Should Be Smarter than This!

    07/20/2014 9:39:50 AM PDT · by Cheerio · 6 replies
    Canada Free Press ^ | July 18, 2014 | Mike Jensen
    My primary goal today is to save the Rev. Dr. Susan Brooks Thistlethwaite from herself and from the tyranny of socialism. You may not have heard of the Rev. Dr. Susan Brooks Thistlethwaite; I’ll introduce you to her shortly. First, a short primer on socialism. Here’s how it works: 1.Take something the government has no business meddling in. 2.Have the government declare it a “human right"and offer it free to people. 3.Watch people go bat guano crazy when anybody complains about this or tries to fix it. Let’s look at a hypothetical: automobiles. Cars have, from the time of their...
  • Ten Reasons Why I Am No Longer a Leftist

    07/20/2014 1:45:50 AM PDT · by 2ndDivisionVet · 115 replies
    American Thinker ^ | July 20, 2014 | Danusha V. Goska
    How far left was I? So far left my beloved uncle was a card-carrying member of the Communist Party in a Communist country. When I returned to his Slovak village to buy him a mass card, the priest refused to sell me one. So far left that a self-identified terrorist proposed marriage to me. So far left I was a two-time Peace Corps volunteer and I have a degree from UC Berkeley. So far left that my Teamster mother used to tell anyone who would listen that she voted for Gus Hall, Communist Party chairman, for president. I wore a...
  • Insurer Drops New York Medicaid Coverage For 53,000 Over Unsustainable Losses

    07/18/2014 3:41:50 PM PDT · by Oldeconomybuyer · 5 replies
    The Daily Caller ^ | July 18, 2014 | by Sarah Hurtubise
    Blue Cross Blue Shield in New York is dropping out of the state’s Medicaid program due to serious financial losses, dropping 53,000 New Yorkers from coverage. Medicaid managed care patients in Erie, Chautauqua, Cattaraugus, Orleans, Wyoming and Allegany counties of New York will have until Oct. 31 to find new coverage. Blue Cross Blue Shield is one of the top Medicaid insurers in New York. Stephen T. Swift, the insurer’s chief financial officer, denied that the decision it driven by Obamacare and said that while the company has been trying to fix the failing Medicaid business for years, it’s just...
  • 2013 State of the Climate: CO2, heat, oceans rise; glaciers retreat

    07/18/2014 3:36:16 PM PDT · by Oldeconomybuyer · 14 replies
    CBS News ^ | July 18, 2014 | By ELIENE AUGENBRAUN
    The Earth got its annual checkup, and according to climate scientists around the globe, it looks as though its fever is continuing to rise. NOAA released the 24th annual State of the Climate report, on July 17 2014, including data compiled by 425 scientists in 57 countries. According to Thomas Karl, director of NOAA's National Climatic Data Center, "The climate is changing more rapidly in today's world than at any time in modern civilization." When asked how he would rate the health of the planet, he compared it to how a person might look at unwanted weight gain over time....
  • The More People Are Exposed To Socialism, The Worse They Behave

    07/18/2014 3:21:50 PM PDT · by blam · 18 replies
    BI - The Economist ^ | 7-18-2014 | The Economist
    July 18, 2014"UNDER capitalism", ran the old Soviet-era joke, "man exploits man. Under communism it is just the opposite." In fact new research suggests that the Soviet system inspired not just sarcasm but cheating too: in East Germany, at least, communism appears to have inculcated moral laxity. Lars Hornuf of the University of Munich and Dan Ariely, Ximena García-Rada and Heather Mann of Duke University ran an experiment last year to test Germans' willingness to lie for personal gain. Some 250 Berliners were randomly selected to take part in a game where they could win up to EUR6 ($8). The...
  • Lying Commies

    07/18/2014 2:00:30 PM PDT · by nickcarraway · 15 replies
    Economist ^ | Jul 19th 2014
    “UNDER capitalism”, ran the old Soviet-era joke, “man exploits man. Under communism it is just the opposite.” In fact new research suggests that the Soviet system inspired not just sarcasm but cheating too: in East Germany, at least, communism appears to have inculcated moral laxity. Lars Hornuf of the University of Munich and Dan Ariely, Ximena García-Rada and Heather Mann of Duke University ran an experiment last year to test Germans’ willingness to lie for personal gain. Some 250 Berliners were randomly selected to take part in a game where they could win up to €6 ($8). The game was...
  • Berlin optimistic following Juncker victory (European Union)

    07/17/2014 12:18:16 PM PDT · by Olog-hai · 3 replies
    EurActiv ^ | 17/07/2014 - 09:04 | Dario Sarmadi
    After Jean-Claude Juncker’s election to the Commission Presidency in Strasbourg on Tuesday (15 July), excitement in Germany was felt across party lines. “(It’s) A good sign for Europe’s capacity to act,” German Chancellor Angela Merkel commented. “He will receive our total support,” said the country’s Foreign Minister Frank-Walter Steinmeier. For the first time, European citizens have had direct influence on the appointment of the EU top job—and they successfully asserted their choice, Steinmeier said optimistically. Martin Schulz, the President of the European Parliament, spoke of a “historic day for European Democracy”. …
  • Social Security To Go Bust By 2030: CBO

    07/15/2014 3:53:18 PM PDT · by Oldeconomybuyer · 43 replies
    Investors Business Daily ^ | July 15, 2014 | By JED GRAHAM
    The $2.8 trillion Social Security Trust Fund is on track to be totally spent by 2030, the Congressional Budget Office said Tuesday. That's one year earlier than projected in 2013 and a decade earlier than the CBO estimated as recently as 2011. The CBO delivered the warning in a gloomy long-term budget outlook that shows federal debt reaching 106% of GDP in 25 years, up from 74% now.
  • CBO says US deficit levels are unsustainable

    07/15/2014 3:31:18 PM PDT · by Oldeconomybuyer · 14 replies
    The Hill ^ | July 15, 2014 | By Bernie Becker
    Congress’s nonpartisan budget watchdog warned Tuesday that U.S. entitlement programs would drive the country’s debt to unsustainable levels in the coming years. The federal debt is now 74 percent of the nation's gross domestic product (GDP), the Congressional Budget Office (CBO) said in its latest long-term budget outlook, a product of the outsized budget deficits the U.S. recorded following the 2008 fiscal crash. That figure is already twice the debt level held in 2008, and matched in U.S. history only by a brief span after World War II. But CBO also projects that the public's share of debt will increase...
  • Skeptic of Climate Change Finds Himself a Target of Suspicion

    07/15/2014 1:33:08 PM PDT · by Oldeconomybuyer · 25 replies
    New York Times ^ | July 15, 2014 | By MICHAEL WINES
    HUNTSVILLE, Ala. — John Christy, a professor of atmospheric science at the University of Alabama here, says he remembers the morning he spotted a well-known colleague at a gathering of climate experts. “I walked over and held out my hand to greet him,” Dr. Christy recalled. “He looked me in the eye and he said, ‘No.’ I said, ‘Come on, shake hands with me.’ And he said, ‘No.'  ” Dr. Christy is an outlier on what the vast majority of his colleagues consider to be a matter of consensus: that global warming is both settled science and a dire threat. He...
  • Scottish independence : Don’t leave us this way

    07/15/2014 12:01:59 PM PDT · by Cronos · 16 replies
    The Economist ^ | 15 July 2014 | Economist
    Opinion polls suggest the Scots will decide against leaving, but it is the nationalists who have fire in their bellies, and Alex Salmond, the leader of the Scottish National Party (SNP), is a strong finisher. The campaign has been a bad-tempered one, marked by growing Scottish anger at English complacency and indifference while English resentment of Scottish whingeing and freeloading has risen On economics, the nationalists say that Scots will be £1,000 a year better-off per head if they go it alone. That number, however, is based on implausible assumptions about the oil price, Scotland’s debt burden, demography and productivity....
  • People who claim to worry about climate change use more electricity

    07/14/2014 8:05:35 PM PDT · by Oldeconomybuyer · 20 replies
    Telegraph UK ^ | July 14, 2014 | by Matthew Holehouse
    People who claim to worry about climate change use more electricity than those who do not, a Government study has found. Those who say they are concerned about the prospect of climate change consume more energy than those who say it is “too far into the future to worry about,” the study commissioned by the Department for Energy and Climate Change found. That is in part due to age, as people over 65 are more frugal with electricity but much less concerned about global warming. However, even when pensioners are discounted, there is only a “weak trend” to show that...
  • Colorado Obamacare Exchange Doesn’t Know Who Is Enrolled

    07/14/2014 12:49:00 PM PDT · by Oldeconomybuyer · 14 replies
    The Daily Caller ^ | July 14, 2014 | by Greg Campbell
    Connect For Health Colorado, the state-run health care exchange set up under Obamacare, will spend some $4 million in the coming year to convince Latinos to enroll through the program, even though exchange managers have no idea whether Latinos are underrepresented among their existing customers. While the health-care exchange collects demographic data, no one has analyzed it, according to the Denver Post. Exchange managers are just assuming that fewer Latinos have signed up because that’s what independent studies have shown. The money will also be used to target young people and other specific demographic groups without knowing who among them...
  • Socialism Punk’d You, Millennials

    07/14/2014 7:09:34 AM PDT · by Kaslin · 17 replies
    Townhall.com ^ | July 14, 2014 | Katie Kieffer
    “Here’s your drink, darling,” the bartender said with a smile. He seemed upbeat as he made drinks and greeted customers. “Do you like your job?” I asked him. “I hate it,” he confessed. “Honestly, I hate my job.” I keep running into young people who put on a show of being happy with their lives but, when probed a bit, quickly concede that their smiles mask trials. A few days ago, I met a young woman who told me she works as a hairdresser at two different salons while seeking work in her desired field. The next day, I met...
  • Obama is Not a Socialist

    06/02/2014 7:13:20 AM PDT · by rktman · 61 replies
    capitalismmagazine.com ^ | 5/31/2014 | Thomas Sowell
    What President Obama has been pushing for, and moving toward, is more insidious: government control of the economy, while leaving ownership in private hands. That way, politicians get to call the shots but, when their bright ideas lead to disaster, they can always blame those who own businesses in the private sector.
  • Bloggers, Surveillance and Obama’s Orwellian State

    07/11/2014 11:31:36 AM PDT · by Beave Meister · 6 replies
    Time.com ^ | 7/11/2014 | Justin Lynch
    Advancements in technology have fueled this White House's obsession with controlling the message. Jay Carney is free. But not loose – at least so far. After resigning as the press secretary for President Obama on June 20, Carney gave insight into the Obama administration’s handling of classified documents, and responded to criticism that this administration has been the most Orwellian in recent history. “I know — because I covered them — that this was said of Clinton and Bush, and it will probably be said of the next White House,” said Carney in a recent New York Times Magazine interview....
  • Incoming: You won’t believe progressives’ latest assault on the Constitution

    07/09/2014 11:19:04 AM PDT · by BlatherNaut · 17 replies
    AllenBWest.com ^ | 7/9/14 | Allen West
    Every now and then I come across a story so unbelievable, it’s simply laughable beyond all comprehension. Here’s the latest. Progressive socialists have revealed themselves to America for who they are and regardless of the media manipulation, lies, deceit, and coercion their agenda is failing — as it has worldwide. So what’s their next step? Well, according to a piece in the Washington Post by E J Dionne, “Its time for Progressives to reclaim the Constitution.” Really?? Dionne advocates for progressives to enshrine themselves in the fundamental document of our Republic, the U.S. Constitution. Excuse my vernacular, but I just...
  • A Window Opens Onto The Left Wing Conspiracy

    07/08/2014 8:37:50 PM PDT · by Texas Eagle · 20 replies
    powerlineblog.com ^ | 7/8/14 | John Hinderaker
    The Democracy Alliance is not a famous organization, but it deserves to be. The Alliance consists of approximately 100 rich liberals who have taken upon themselves the task of coordinating America’s many left-wing organizations to promote a single radical agenda. The Alliance does not publicize the names of its members, but it held a conference for its “partners” and membership prospects in April, at the Ritz Carlton Hotel (naturally) in Chicago. Someone who attended the conference unfortunately (heh) left his or her copy of the documents passed out by the Democracy Alliance behind, and they eventually fell into the wrong...
  • After Detroit, Another City Ponders Bankruptcy

    07/08/2014 11:01:28 AM PDT · by Oldeconomybuyer · 42 replies
    ABC News ^ | July 8, 2014 | By JEFF KAROUB, AP
    As Detroit works to emerge from bankruptcy following a court-supervised overhaul, another Michigan city with strong auto industry bonds could be on the brink of beginning the same process, the latest sign that the spate of municipal defaults may not have ended. If a judge rules against Flint's effort to cut its retiree health care benefits, the city is expected to join about a dozen cities or counties to seek court relief since the beginning of the recession.
  • Juncker: Economics commissioner will be a Socialist (European Union)

    07/08/2014 10:04:23 AM PDT · by Olog-hai · 4 replies
    EU Observer ^ | 07/08/2014 @ 18:01 | Valentina Pop
    Future EU commission chief Jean-Claude Juncker on Tuesday (8 July) promised that the economic affairs commissioner post will go to a Socialist, as part of a grand coalition-type bargain between the center-right and center-left. He made the commitment before MEPs from the center-left S&D group, whose support he needs to secure his appointment as head of the EU executive in a parliament vote next week. In his opening speech, he emphasized several issues dear to the Socialists’ hearts. He said he favors “equal pay for equal work”, a minimum wage across Europe—if not harmonized, then at least as a “recommendation”—as...
  • Jewish leader: Europe should fight anti-Semitism

    07/08/2014 9:24:42 AM PDT · by Olog-hai · 7 replies
    Associated Press ^ | Jul 8, 2014 11:54 AM EDT | Lori Hinnant
    The head of the European Jewish Congress appealed Tuesday for European governments to take tougher action against anti-Semitism—and has made France his starting point. French citizens are suspected in the two deadliest attacks against European Jewish institutions in the past few years—a shooting at the Brussels Jewish Museum in May, and an attack on a Jewish school in Toulouse, southwestern France, in 2012. And French Jews are emigrating to Israel in record numbers, in part because of a fear of rising anti-Semitism from the far right and extremist Islam. …
  • Pro-EU forces shut out euroskeptics from Parliament top jobs

    07/07/2014 2:53:05 PM PDT · by Olog-hai · 1 replies
    EU Observer ^ | 07.07.14 @ 23:43 | Benjamin Fox
    Euroskeptic deputies were denied several of the European Parliament’s top committee posts on Monday (7 July), as the assembly’s centrist groups joined forces to shut them out. The committees elected chairpersons and vice-chairpersons using the “D’Hondt method” on the relative sizes of the EU assembly’s seven political groups. Twenty one of the 22 committee chair posts, and the vast majority of the 88 vice-chair roles, were uncontested and elected by acclaim. However, the conservative EPP, center-left S&D and liberal ALDE groups on the petitions committee joined forces to reject Eleanora Evi, a member of the euroskeptic EFDD group from Italian...
  • Government Data Show U.S. in Decade-Long Cooling

    07/07/2014 6:44:54 AM PDT · by shove_it · 45 replies
    Forbes ^ | 25 Jun 2014 | James Taylor
    The National Oceanic and Atmospheric Administration’s most accurate, up-to-date temperature data confirm the United States has been cooling for at least the past decade. The NOAA temperature data are driving a stake through the heart of alarmists claiming accelerating global warming. Responding to widespread criticism that its temperature station readings were corrupted by poor siting issues and suspect adjustments, NOAA established a network of 114 pristinely sited temperature stations spread out fairly uniformly throughout the United States. Because the network, known as the U.S. Climate Reference Network (USCRN), is so uniformly and pristinely situated, the temperature data require no adjustments...
  • Why Some Penguins Thrive in Climate Change

    07/06/2014 9:39:54 AM PDT · by Oldeconomybuyer · 23 replies
    ABC News ^ | July 6, 2014 | By MARY GODFREY
    Penguins are on the front line of climate change, as rising global temperatures melt the ice the iconic and lovable creatures call home. Scientists who count the birds are finding that penguins are beginning to feel major impacts from the drastic changes to their habitat. But, perhaps surprisingly, the breeding populations of three brush-tailed species of penguins inhabiting the Western Antarctic Peninsula, where the temperatures are warmest, are not all falling as the ice is quickly melting.
  • Obama and Dems increase importation of US citizen replacements and enemies of USA

    07/03/2014 2:03:39 PM PDT · by detective · 8 replies
    Renew America ^ | July 3, 2014 | Sher Zieve
    In a calculated plan to replace US citizen voters, Obama and the Democrats devised an Orwellian scheme that is now playing out in front of ours and the world's eyes. Obama is disenchanted with the fact that he is still not recognized as King or Emperor of America and his supplicant Democrats are demanding the titles of Duke and Duchess. Therefore, as he's been getting away with it since he usurped the Office of POTUS with no elected official anywhere stopping him, Obama is – yet again – committing treason against the USA and its people via "providing aid and...
  • New York's Health Insurance Exchange: Don't Pop the Champagne Quite Yet

    07/03/2014 10:58:15 AM PDT · by Oldeconomybuyer · 1 replies
    Forbes ^ | July 3, 2014 | By Paul Howard and Yevgeniy Feyman
    Obamacare advocates in New York have had good reason to celebrate. In contrast to Oregon’s and other state-based exchanges, New York’s exchange rollout was a relatively smooth, successful affair. Now for some cold water: New York still has a long way to go. New York State’s Medicaid program, already among the nation’s largest and most expensive, just grew by 10%. And 87% of the new Medicaid enrollees were eligible under New York’s generous, old rules. This means the state will be picking up 50% of the cost for much of this population—not the 10% headline rate for the newly eligible,...
  • Sicker Denver patients prompt hikes while rates stay flat in mountains

    07/03/2014 10:47:32 AM PDT · by Oldeconomybuyer · 7 replies
    Health News Colorado ^ | July 2, 2014 | By Katie Kerwin McCrimmon
    Sicker patients have prompted Denver Health to ask for a 17.5 percent hike next year in health insurance rates while the biggest carrier in western Colorado, Rocky Mountain Health Plans, is working to keep rates flat in high-cost resort counties. When Colorado’s insurance regulators unveiled proposed 2015 rates for health insurance last week, the numbers were all over the map. “We are taking care of really sick patients,” LeAnn Donovan, executive director of managed care for Denver Health, said in a written statement. “This requires more health care resources in terms of medical staff, medications and testing. The proposed rate...
  • Insurers on New York State’s Health Exchange Seek Significant Rate Increases

    07/03/2014 10:21:50 AM PDT · by Oldeconomybuyer · 12 replies
    New York Times ^ | July 2, 2014 | By ANEMONA HARTOCOLLIS
    Some New Yorkers are in sticker shock after receiving notices from their insurance companies saying that they have asked for significant rate increases through the state’s health exchange next year. The exchange, which has prided itself on being affordable, is now facing requests for increases as high as 28 percent for some customers. Beth Leibson, a Manhattan resident, received a letter from MetroPlus saying it was working on raising her rate by 28 percent. She said this was a higher one-year increase than any rate rise she had had with previous insurance, including insurance under the federal law known as...
  • Psychologists Warn of Climate Change “Ecoanxiety”

    07/03/2014 5:00:28 AM PDT · by Oldeconomybuyer · 43 replies
    PJ Media ^ | July 3, 2014 | by PAULA BOLYARD
    A study sponsored by the American Psychological Association and ecoAmerica warns that climate change, including an expected increase in the global mean temperature, will cause increased “ecoanxiety” resulting in severe psychological and sociological consequences. The study, Beyond Storms and Droughts: The Psychological Impacts of Climate Change, led by College of Wooster psychologist Susan Clayton, warns that “we can expect a likely increase in mental health-related symptoms and conditions as a result of climate change.” Communities at risk include those with high levels of poverty, lower education levels, large populations of older adults, children and infants, disabled people, recently arrived immigrants,...
  • Report: Climate change confirmed in national parks

    07/03/2014 4:47:26 AM PDT · by Oldeconomybuyer · 30 replies
    Climate change is happening in America’s national parks, and in some cases in rapid and concerning ways, says a new report authored by the National Park Service. The changes will have implications for what visitors see and experience and will require new approaches to the protection of natural and historic resources within parks, the report says. “This report shows that climate change continues to be the most far-reaching and consequential challenge ever faced by our national parks,” says National Park Service Director Jonathan Jarvis. “Our national parks can serve as places where we can monitor and document ecosystem change without...
  • Physicist Offers $30,000 Reward To Anyone Who Can Disprove Climate Change

    07/03/2014 4:29:02 AM PDT · by Oldeconomybuyer · 68 replies
    CBS News Local DC ^ | July 3, 2014
    Physics professor and climate change expert Dr. Christopher Keating is offering a $30,000 reward to anyone who can disprove that man-made climate change is real. Keating, a professor of two decades at the University of South Dakota and U.S. Naval Academy, has challenged climate change skeptics to prove that man-made global warming is not real. Keating is prepared to offer $30,000 of his own money for the “Global Warming Skeptic Challenge,” which has an application deadline of July 31. “I have heard global warming skeptics make all sorts of statements about how the science doesn’t support claims of man-made climate...