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Business/Economy (News/Activism)

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  • 13 more local businesses ordered to close for defying Gov. Pritzker’s orders

    10/23/2020 2:19:01 PM PDT · by ChicagoConservative27 · 28 replies
    mystateline ^ | 10/22/2020 | WTVO
    ROCKFORD, Ill. (WTVO) — The Winnebago County Health Department has issued closure orders for 13 more locally owned businesses for remaining open or refusing to enforce face covering mandates, in defiance of Gov. JB Pritzker’s latest Region 1 COVID-19 restrictions. The Filling Station in Rockford, Ace Hardware in Roscoe, Spring Garden Restaurant in Loves Park, Opsahl’s Tavern in Rockford, Neli’s Family Restaurant in South Beloit, Casey’s Pub in Loves Park, Potato Shak in Loves Park, Nora’s Place in South Beloit, Firehouse Pub in Roscoe, JJ’s Tavern in South Beloit, Rascal’s Bar and Grill in Loves Park, RBI’s in Rockford, and...
  • January Is Going To Be A Mess - A Tsunami Of Evictions Expected Across US

    10/23/2020 12:24:00 PM PDT · by Roman_War_Criminal · 21 replies
    PNW ^ | 10/22/20 | Tyler Durden/Activist Post
    The Trump administration walked back federal protections for renters in early October, even though rent moratoriums were still in effect, which allowed property owners and operators to begin the eviction process for millions of people as tens of billions of dollars in back rent is coming due. In early September, the CDC published new, temporary guidelines to halt evictions because of the virus pandemic. The public health agency said: The CDC, located within the HHS announces the issuance of an Order under Section 361 of the Public Health Service Act to temporarily halt residential evictions to prevent the further spread...
  • Your 401K: Stocks will do better if Trump wins the election, according to this new data

    10/23/2020 11:53:43 AM PDT · by SeekAndFind · 11 replies
    Yahoo Finance ^ | 10/23/2020 | Brian Sozzi
    If you own stocks, hope for a come-from-behind win for sitting president Donald J. Trump on Election Day.Or so says the number crunchers at LPL Financial.Since 1950, the S&P 500 has added an average of 9.6% in the year after a president wins re-election. For instance, LPL Financial points to the re-elections of presidents Ronald Regan, Bill Clinton and Barack Obama as being particularly bullish for equities — stocks after each re-election rose close to 30%.The opposite has tended to happen when someone new enters the Oval Office.LPL Financial data shows the S&P 500 added only 4.8% the following year...
  • How politically damaging were Biden's comments about closing down the oil industry?

    10/23/2020 11:50:41 AM PDT · by Oldeconomybuyer · 23 replies
    The Washington Post via SF Gate ^ | October 23, 2020 | by Amber Phillips, The Washington Post
    Before the debate, President Donald Trump said his advisers urged him to interrupt less and let Joe Biden talk more, the better to let the Democratic nominee slip up. Toward the end of the debate, Trump may have gotten what he wanted - a Biden comment about closing down the oil industry that probably won't play well in states up for grabs this November such as Texas and Pennsylvania. But there's also evidence that Trump is the candidate on the defensive when it comes to public opinion and climate change. The statement might still be used as an attack by...
  • Trump has faced a decade-long tax audit — here’s how long IRS audits usually take and which taxpayers are most likely to get audited

    10/23/2020 11:40:44 AM PDT · by SeekAndFind · 11 replies
    Market Watch ^ | 10/23/2020 | Jacob Passy
    Thousands of Americans see their tax returns audited every year — but it’s safe to say none have seen an audit go on as long as President Donald Trump’s. Since he first launched a run for the White House in 2016, Trump has declined to release his tax returns. One reason he commonly cites as to why he can’t — including during last week’s town hall event on NBC and Thursday night’s presidential debate — is that he is undergoing audit. During the debate, Trump again said that he will release his returns when the audit is finalized. “We made...
  • Red and Blue States of Recovery

    10/23/2020 11:36:02 AM PDT · by JeepersFreepers · 1 replies
    The Wall Street Journal ^ | 10/23/20 | The Editorial Board
    The story that the media haven’t told is that states that have maintained longer and stricter business restrictions have been slower to recover. The unemployment rate in September was 12.6% in Nevada, 11% in California, 10.5% in Rhode Island, 10.2% in Illinois, and 9.7% in New York compared to 6.7% in Arizona, 6.4% in Georgia, 5.4% in Wisconsin and 5% in Utah. New York added 100,000 jobs last month as Gov. Andrew Cuomo finally let dine-in restaurants and gyms in New York City reopen at limited capacity. But 363,000 workers also dropped out of the labor force, which was the...
  • A Federal Leasing and Development Ban Threatens America’s Energy Security and Economic Growth, Undermines Environmental Progress

    10/23/2020 10:30:03 AM PDT · by CedarDave · 10 replies
    American Petroleum Institute ^ | September 2020 | API
    Energy produced on federal lands and waters plays a critical role in America’s energy revolution, accounting for 12% of U.S. natural gas production and nearly a quarter of U.S. oil production. Here’s what’s projected to be at stake for U.S. energy leadership if a federal leasing and development ban is enacted according to new analysis prepared by OnLocation using EIA’s National Energy Modeling System (NEMS) which is used to produce their Annual Energy Outlook.
  • EXC: Is “Peter Henderson” Joe Biden’s E-mail Pseudonym?

    10/23/2020 9:26:09 AM PDT · by Red Badger · 60 replies ^ | October 23, 2020 | Staff Writer
    Hunter Biden’s e-mail account appears to show that his father, former Vice President Joe Biden, used the pseudonym “Peter Henderson” when trading e-mails with his family, the National Pulse can exclusively reveal. While Biden – or “the big guy” – has his real name attached to his private account for some time, it changed around early 2016, going from “Joseph Biden” to “Peter Henderson” in Hunter’s e-mails. It is unclear whether this change was on Hunter’s end (on his devices) or on Joe’s, but Peter Henderson’s e-mails included messages such as “Keep in touch, Love Dad” and shared links –...
  • US sets record with over 77,000 COVID cases in one day

    10/23/2020 9:09:03 AM PDT · by ChicagoConservative27 · 120 replies
    nypost ^ | 10/23/2020 | Lia Eustachewich
    More than 77,000 new cases of COVID-19 were recorded in the US on Thursday alone — setting a new record for daily infections, statistics show. Thursday’s numbers — 77,640 new cases — eclipsed the previous record set on July 29, when 75,723 new cases were reported, according to a tally by NBC News. A total of 921 coronavirus-related deaths were also reported on Thursday.
  • Gov. Kristi Noem Reacts to Media's Obsession With Her Refusing to Lock Down Her State

    10/23/2020 8:57:54 AM PDT · by rktman · 41 replies ^ | 10/23/2020 | Cortney O'Brien
    Chris Hayes said South Dakota Gov. Kristi Noem is "making bad decisions," CNN's Don Lemon reminded his viewers about that supposed "super spreader" motorcycle rally in Sturgis, Rachel Maddow fumed that the governor "refused to order any statewide COVID restrictions." And we could go on. Gov. Noem has plenty of cable news critics. It's true. In terms of COVID restrictions, Gov. Noem has been pretty laissez faire. Instead, she thought it might be wise to let citizens live their lives and keep their jobs. And so South Dakota has an unemployment rate that is the second lowest in the country...
  • Biggest lie of the night? Joe Biden says no one lost their health insurance under Obamacare ... Seriously, Joe?

    10/23/2020 7:16:14 AM PDT · by Red Badger · 17 replies ^ | October 22, 2020 | Chris Pandolfo
    Democratic presidential candidate Joe Biden told a brazen lie about Obamacare Thursday evening during the final presidential debate in Nashville, Tennessee, claiming that no one lost their private health insurance plans under the Affordable Care Act. President Donald Trump attacked Biden's health care plan, accusing the Democratic nominee's plan of being "socialized medicine" that would terminate "180 million" private insurance plans. In response, Biden said that if the Supreme Court declares Obamacare unconstitutional he will pass new health care legislation "with a public option." He declared his support for private health insurance, arguing that a public option would increase competition...
  • How Income Inequality Has Erased Your Chance to Drink the Great Wines (NYT alert)

    10/23/2020 6:54:28 AM PDT · by karpov · 51 replies
    New York Times ^ | October 22, 2020 | Eric Asimov
    Among the many ways the rich are different from you and me: Only they can afford grand cru Burgundy. That wasn’t always the case. In the 1990s, middle-class wine lovers could still afford to experience that rite of passage — drinking a truly great wine, not simply to enjoy it, but to understand what qualities made it exceptional in the eyes of history. It might have been a splurge, perhaps requiring a few sacrifices. But it was feasible, just as it was possible to buy first-growth Bordeaux, or the top wines of Barolo, Brunello di Montalcino or Napa Valley cabernet...
  • Pritzker warns businesses, while Birx says closures won’t be enough

    10/23/2020 6:46:02 AM PDT · by ChicagoConservative27 · 23 replies
    capitalfox ^ | 10/23/2020 | Mitchell Armentrout
    As Illinois smashed another daily record with 4,942 new coronavirus cases reported Thursday, Gov. J.B. Pritzker threw down the gauntlet to suburban bar and restaurant owners threatening to flout his latest restrictions on indoor drinking and dining. The Democratic governor issued his harshest warning yet to potential scofflaws before his indoor dining ban goes into effect Friday in Will, Kankakee, Kane and DuPage counties, where COVID-19 infection rates are soaring to new highs. But some owners say they will still seat customers inside, arguing the latest rollback means a “death sentence” for their businesses after months of struggling to stay...
  • Growth of COVID-19 cases in one Queens neighborhood still a mystery: Cuomo

    10/23/2020 6:29:58 AM PDT · by ChicagoConservative27 · 11 replies
    amny ^ | 10/22/2020 | Robert Pozarycki
    With most every recent COVID-19 outbreak in New York, Governor Andrew Cuomo reminded Thursday, there has always been some commonality among the patients — such as sharing the same workspace or attending the same house party or religious service. But after a recent spike in COVID-19 cases in Queens’ Ozone Park, up to this point, state officials aren’t sure what caused the increase.
  • FNC’s Donna Brazile: ‘President Trump Was Not Capable of Delivering for All Americans’

    10/23/2020 6:15:05 AM PDT · by ChicagoConservative27 · 39 replies
    Breitbart ^ | 10/22/2020 | Jeff Poor
    Thursday following the presidential debate on Fox News, network contributor Donna Brazile, formerly the interim head of the Democratic National Committee, offered her takeaways from the debate. One of those was that President Donald Trump was “not capable” of delivering for all Americans.
  • CNN’s Tapper: Trump Was ‘Off in Breitbart Land Talking About Laptops’

    10/23/2020 6:04:19 AM PDT · by ChicagoConservative27 · 36 replies
    Breitbart ^ | 10/22/2020 | Pam Key
    CNN anchor Jake Tapper said President Donald Trump’s attacks at Thursday night’s presidential debate about former Vice President Joe Biden’s son Hunter Biden’s foreign business dealings were “off in Breitbart land.” Tapper said, “The other thing is people on his team, and you were saying this earlier, Dana, people on his team wanted him to talk about the economy tonight. They wanted him to talk about how he’s going to be able to bring the economy back to normal after he deals with COVID, even though he’s not really dealing with COVID. That’s a separate issue. You know, this is...
  • Figures Don’t Lie, But Liars Figure: Unemployment Figures Dramatically Favor Republican-Led States

    10/23/2020 5:59:17 AM PDT · by Kaslin · 1 replies
    American ^ | October 23, 2020 | Ned Barnett
    August’s unemployment figures, just released by the Bureau of Labor Statistics, paint a remarkably consistent picture that correlates – almost uncannily – between low unemployment rates in states led by Republican governors and high unemployment rates in states led by Democratic governors. Drawing national conclusions from the unemployment statistics for all fifty states, those Republican-led states that have tried to follow President Trump’s lead in reopening America are doing much better in terms of unemployment than are states likely to support Biden in November. Former Vice President Biden, while repeatedly complaining about President Trump’s actions in fighting COVID, has yet...
  • During The Debate Joe Biden Gave An Answer That He Is Going To Regret & There’s No Going Back

    10/23/2020 5:33:03 AM PDT · by Red Badger · 98 replies ^ | October 23, 2020 | by Adam Morgan
    Former Vice President Joe Biden fell apart as the debate came to an end when President Trump challenged him on his fracking policy. Joe Biden is going to regret the answer he gave because it probably will cost him Pennsylvania. Joe Biden was defiant and proclaimed that he never said he would ban fracking. He challenged President Trump to find the tape and put on his website. The President was true to his word and after the debate posted the video of Biden countlessly saying he would ban fracking. But it got even worse for Biden as the debate started...
  • Hunter Biden-linked companies took millions in bailout loans, taxpayer funds - Just the News

    10/23/2020 12:00:00 AM PDT · by volunbeer · 20 replies
    Just the News ^ | 10/22/20 | Daniel Payne Another example of "stimulus" and who got it? Biden Inc. Nothing to see here folks..... I bet all the millions were put squarely in the hands of the little folks crushed by the housing bubble.
  • Shift in tone dominates at final Trump-Biden clash

    10/22/2020 10:41:56 PM PDT · by robowombat · 26 replies
    The Hill ^ | Oct 22, 2020 | BRETT SAMUELS AND MORGAN CHALFANT
    Shift in tone dominates at final Trump-Biden clash BY BRETT SAMUELS AND MORGAN CHALFANT - 10/22/20 11:11 PM EDT President Trump and Democratic nominee Joe Biden on Thursday clashed for a final time before Election Day, exchanging blows on the public health and economic crises facing the country in what was a decidedly more orderly — though still at times personal — contest than the first debate. The proceedings, which took place in Nashville, Tenn., were aided in part by a mute button that allowed each candidate to speak uninterrupted for two minutes about each of the six topics before...