Latest Articles: Business
Warren Buffett's mobile home empire preys on the poor [Full Thread]
Post Date: 2015-04-04 16:38:01 by Willie Green
Billionaire profits at every step, from building to selling to high cost lending Editor's note: This is a joint investigation of The Center for Public Integrity and The Seattle Times. Denise Pitts walked into the pawn shop not far from where she bought her mobile home in Knoxville, Tennessee, and offered up her wedding rings for $100. Her marriage wasnt over, but her husband was battling cancer and, Pitts said, her mortgage company told her the only way to keep a roof over his head would be to sell everything else. Across the country in Ephrata, Washington, Kirk and Patricia Ackley sat down to close on a new mobile home, only to learn that the annual interest on their loan ...
Indiana law inspires 'non-bigoted' sausage stand to raise cash
Post Date: 2015-04-04 07:57:07 by Willie Green
A Roosevelt Road business is capitalizing on the political firestorm surrounding Indiana's religious freedom law by seeking to raise money in the name of gay rights.Big Guys Sausage Stand, at 7021 Roosevelt Road in Berwyn, created a GoFundMe page Friday, April 3 titled, "Non Bigoted Restaurant Wants Cash."Within two hours, the fundraiser had 142 shares on social media and had raised $50."At Big Guys Sausage Stand we use a lot of ingredients to make great homemade sandwiches, but one ingredient we never use is hate," the GoFundMe page says. "And if any LGBT couples want Big Guys Sausage to cater their Big Gay Wedding, please give us a call."Big Guys owner ...
Hot new liberal theory: Memories Pizza orchestrated this fiasco because they wanted the online donations
Post Date: 2015-04-03 17:41:35 by Tooconservative
Best Trutherism ever. Nothing else comes close. It adds up. ABC57 reporter Alyssa Marino walks through the door of the pizzeria during a Category Five news-storm over RFRA and asks, Anyone here got a problem with catering gay weddings? The pizzeria employees slink away, knowing what a yes would mean for their careers. But not Memories CEO Crystal OConnor. As usual, shes one step ahead of the game. Instantly she recognizes that if she says yes to Marino, the left will go apesh*t, flooding her business with crank calls, death threats, and nasty online reviews. The business will close temporarily. And then enraged conservatives will rally to her side, ...
‘Wealth creators’ are robbing our most productive people
Post Date: 2015-04-01 18:58:58 by Willie Green
Lives are being trashed by klepto-remuneration: theft through excess rewards to rapacious bosses There is an inverse relationship between utility and reward. The most lucrative, prestigious jobs tend to cause the greatest harm. The most useful workers tend to be paid least and treated worst. I was reminded of this while listening last week to a care worker describing her job. Caroles company gives her a rota of, er, three half-hour visits an hour. It takes no account of the time required to travel between jobs, and doesnt pay her for it either, which means she makes less than the minimum wage. During the few minutes she spends with a client, she may have to get them out of ...
Walmart Asks Arkansas Governor To Veto Religion Freedom Bill
Post Date: 2015-03-31 20:27:39 by out damned spot
March 31 (Reuters) - The chief executive officer of Wal-Mart Stores Inc on Tuesday asked the governor of Arkansas to veto a religious freedom measure, saying the bill approved by lawmakers earlier in the day undermines "the spirit of inclusion" in the state. Doug McMillon, the chief executive officer for the company based in Arkansas, in a tweet requested that Governor Asa Hutchinson, a Republican, veto the legislation.
Ford's new car will force you to obey the speed limit
Post Date: 2015-03-24 17:23:44 by cranky
Much as we'd like to emulate our NASCAR heroes, breaking the speed limit often comes at a price. Ford is hoping to prevent accidents and speeding tickets by introducing cars that can see what the speed limit is and preventing heavy-footed motorists from driving any faster. Ford's Intelligent Speed Limiter tech will first appear on the new Ford S-Max that's launching in Europe that could just change the way that we drive. A camera mounted on the windshield scans the road signs on the sides of the highway and, when the vehicle enters a 20mph zone, the system reduces the top speed to match. Rather than controlling the speed with automatic braking, the car limits its own velocity ...
Maker of Louisville Slugger bats selling brand to Wilson
Post Date: 2015-03-23 18:29:32 by cranky
A Wilson baseball glove and a Louisville slugger bat sit on the field prior to a spring training baseball game between the Kansas City Royals and the San Francisco Giants on Monday, March 23, 2015, in Scottsdale, Ariz. Hillerich & Bradsby Co., the company that made bats for a who's who of baseball greats, including Babe Ruth and Ted Williams, announced a deal Monday to sell its Louisville Slugger brand to rival Wilson Sporting Goods Co. for $70 million. Over a century of family ownership of Louisville Slugger bats is going ... going ... nearly gone. The company that makes the iconic bats gripped by generations of ballplayers from Babe Ruth to David Wright announced a ...
IBM to share technology with China in strategy shift: CEO
Post Date: 2015-03-23 10:32:33 by Willie Green
(Reuters) - IBM Corp will share technology with Chinese firms and will actively help build China's industry, CEO Virginia Rometty said in Beijing as she set out a strategy for one of the foreign firms hardest hit by China's shifting technology policies. IBM must help China build its IT industry rather than viewing the country solely as a sales destination or manufacturing base, Rometty said at the China Development Forum, an annual Chinese government-sponsored conference bringing together business executives and China's ruling elite."If you're a country, as China is, of 1.3 billion people you would want an IT industry as well," the chief executive said on Monday. ...
Starbucks hit by 'cascade of negativity' after ordering staff to talk racism with customers: Vice President forced off Twitter as angry public turns on 'patronizing' project
Post Date: 2015-03-19 06:13:34 by out damned spot
*Howard Schultz, boss of Starbucks, told baristas to write 'RaceTogether' on cups in an effort to stimulate debate about racism *Twitter users quickly branded the campaign 'patronizing' and 'cringe- inducing', and subjected executives to a wave of mockery *One user pointed out that no black people featured in publicity photographs for the campaign *Corey duBrowa, a Starbucks PR executive, was forced to delete his Twitter account as he felt 'overwhelmed by the volume and tenor of the discussion' Twitter has ruthlessly mocked Starbucks campaign for the company's new anti- racism campaign in which baristas talk to customers about race issues while ...
New .sucks web domain offers new space, mischief
Post Date: 2015-03-18 08:53:10 by Willie Green
Business will have to pay a hefty price to register new web domains.Global Internet regulators have approved hundreds of new domains, some of which will go on sale at the end of March. LOS ANGELES, March 17 (UPI) -- The Internet is about to offer more digital real estate in the latest push to open up new space for the world's ever-growing web presence. And one of them really, truly sucks. The Internet Corporation for Assigned Names and Numbers has approved hundreds of new generic top-level domain (gTLD) expansions, and there could be nearly 1,500 new ones in the next few years, MacWorld reported Tuesday. TLDs are found at the end of any primary URL -- such as .com and .gov. As ...
49ers' Chris Borland, 24, retires because of brain injury concerns
Post Date: 2015-03-17 12:30:11 by Willie Green
After just one NFL season, San Francisco linebacker Chris Borland, who looked like the future of the 49ers' defense, will retire out of concerns about the long-term effects of brain injuries. Borland, 24, revealed his surprising decision Monday on ESPN's "Outside the Lines" after informing the 49ers of his intentions Friday. The 49ers later announced his retirement. "I just honestly want to do what's best for my health," Borland said. "From what I've researched and what I've experienced, I don't think it's worth the risk." Borland cited a fear of developing a brain disease like former NFL players Mike Webster, Dave Duerson and Ray ...
Private Company Suspected of Dumping Biohazards Into Oklahoma River
Post Date: 2015-03-17 07:56:36 by Willie Green
Blood-Filled Syringes, Other Medical Waste Found in RiverHundreds of used syringes and blood vials in biohazard containers ended up in the Arkansas River after a private company was hired to dispose of them, Oklahoma investigators said Monday. The five containers were spotted Saturday in the Pawnee County section of the river near Ralston, west of Tulsa, by a group of friends who were out on a boat. "There's no telling how long this has happened or if it's happened more than once," one of them, Taylor Smyth, told NBC station KFOR of Oklahoma City. "I don't feel comfortable swimming now," Smyth said. The Pawnee County Sheriff's Office said biohazard ...
A Libertarian’s Guide to Modern Vernacular Euphemisms
Post Date: 2015-03-15 13:17:16 by Hondo68
Whenever I hear common terms thrown around the political arena, the definition goes into one ear and comes out the other as a different meaning. The titles are meant to be intentionally misleading. Its better to treat these words and phrases like a mathematical function, f(x). Luckily, Im here to help decipher some of these popular euphemisms. Plug in your favorite definitions to find out their true meanings! A law = A bill passed by politicians paid for and written by special interest groups Bipartisan support = The political class agreeing on the means of exploiting the taxpaying class Checks and balances = Government auditing and condoning its own actions Climate ...
U.S. students losing interest in China as dream jobs prove elusive
Post Date: 2015-03-12 18:50:12 by Willie Green
SHANGHAI (Reuters) - American students are getting cold feet about studying Chinese in China, with many study abroad programs in the country seeing a substantial drop in enrolment over the last few years. At the University of California Education Abroad Program (UCEAP), student enrolment in programs in China is expected to be less than half the level it was only four years ago. Washington-based CET, another leading study abroad group, says interest in China has been falling since 2013. The apparent waning of interest worries some China watchers. Given the importance of the U.S.-China relationship, having a group of Americans across different industries who speak Chinese and understand the ...
9-0 SCOTUS: Amtrak wins over freight trains
Post Date: 2015-03-11 07:59:00 by Willie Green
The U.S. Supreme Court sided Monday with Amtrak in a dispute with freight railroads over priority of passenger trains on freight tracks. A 2008 law directed Amtrak to work with the Federal Railroad Administration to create standards that let Amtrak keep priority over freight trains. But a federal appeals court sided with the freight railroad industry, which said Amtrak was a private organization that could not regulate competitors' actions. The Supreme Court reversed, saying Amtrak is like a government entity given the reality of federal controls. Amtrak said its on-time performance has been hampered by freight trains holding up passenger trains.
Poster Comment:Woohoo! Get those ...
Reviewing The Rubio-Lee Proposal For Tax Reform
Post Date: 2015-03-10 19:00:54 by Willie Green
Hey, Ive got a neat idea
why dont we take a break from futilely attempting to understand the existing tax law and devote some time to futilely attempting to understand proposed tax law that will, in all likelihood, never become a reality? Sound good? Great. Last week, Republican Senators Marco Rubio (Fla) and Mike Lee (Utah) released a fairly detailed plan to overhaul the existing Code. The creatively-coined Rubio-Lee plan has garnered a lot of attention, and considering Republicans currently control both the House and Senate, it should certainly be taken seriously. Lets take a look at the ...
Prank call leads to heavy destruction of Circle K store
Post Date: 2015-02-22 09:43:57 by cranky
video Windows broken, merchandise destroyed; a Circle K store was left so damaged it was forced to close. It wasn't the work of vandals; it was done by store employees. Police say the employees thought they were following instructions from a security company, but it was a prank call. It's a bizarre story that left a convenience store in ruins. It sounds like a scene out of a movie, but it did happen. Globe Police say the joke went too far, and it's no laughing matter. "I couldn't believe the damage that I'd seen today, it was rediculous," said Lorraine Phillips. The store was boarded up, but open for business. It wasn't a force of nature, but ...
Audit The Fed——And Shackle It, Too
Post Date: 2015-02-21 08:55:02 by nativist nationalist
The reason to be fearful about the economic and financial future is that we are in the thrall of a mainstream consensus that is downright meretricious. In attacking Rand Pauls audit legislation, for instance, one of the time- servers on the Fed Board of Governors, Jerome H. Powell, let loose the following gem: As recent U.S. history has shown, elected officials have often pushed for easier policies that serve short-term political interests
.. Perhaps Mr. Powell is a descendent of Rip Van Winkleand missed the last 20 years of history while doing LBOs at the Carlyle Group and helping Congress improve upon its enviable record of fiscal management while at ...
Returning money to a gold – silver standard within ten years
Post Date: 2015-02-14 19:03:55 by Gatlin
WASHINGTON, February 13, 2015 It shouldnt be too long now. It might be soon, if Greeces new government and the rest of Europe end up going separate ways. It might be later and could be triggered by a number of different economic events. But just like blowing up a balloon, that sneaky suspicion that the rubber of the balloon can only stretch so far will force us to make some decisions. The only question will be one of timetable and initiative: On whose timetable will these decisions be made? At whose initiative? I believe it should be ours as neighbors. So Ill wrap up this now-seven part series by stating the following: I am not selling a newsletter. I am not ...
Why Tesla's battery for your home should terrify utilities
Post Date: 2015-02-14 06:31:47 by Willie Green
Elon Musk's electricity empire could mean a new type of power grid Earlier this week, during a disappointing Tesla earnings call, Elon Musk mentioned in passing that hed be producing a stationary battery for powering the home in the next few months. It sounded like a throwaway side project from someone whos never seen a side project he doesnt like. But its a very smart move, and one thats more central to Musks ambitions than it might seem. To understand why, it helps to look not at Tesla, but at SolarCity, a company chaired by Musk and run by his cousin Lyndon Rive. SolarCity installs panels on peoples roofs, leases them for less than ...
APNewsBreak: NJ allows physical skill-based gambling
Post Date: 2015-02-13 19:38:03 by cranky
An Atlantic City casino is about to redefine casino gambling by introducing a new style of wagering: competition based on a physical skill rather than luck. Executives at The Borgata Hotel Casino & Spa told The Associated Press on Friday that they've gotten permission from New Jersey gambling regulators to host a basketball contest next month in which players shoot free throws for money. It's the first of what promises to be many skill-based events that let gamblers take greater control over the outcomes of their bets, rather than relying on a roll of the dice, spin of the wheel or deal of the cards. "This is a first step, something we've never been able to do until ...
Judge orders gamblers to return winnings to New Jersey casino
Post Date: 2015-02-13 08:31:08 by cranky
A New Jersey judge ordered the return of $1.5 million to a casino from gamblers who won at a table game after realizing the cards had not been shuffled. State Superior Court Judge Donna Taylor ruled in favor of the Golden Nugget casino in its dispute with 14 gamblers who say it was not there fault the cards were not shuffled and should be allowed to keep their winnings. A mini-baccarat game is where the trouble started in April 2012. The casino was using decks of cards that paid a manufacturer to pre-shuffle, but the deck at hand was not shuffled. Once the gamblers realized the cards were not shuffled, they increased their bets from $10 to $5,000 and proceeded to win 41 straight hands. ...
Dead raccoons sold at LA market for $9.99 per pound
Post Date: 2015-02-11 13:25:01 by Willie Green
TEMPLE CITY (CBSLA.com) The Health Department has taken action after a local supermarkets frozen foods section featured an unusual item. Inspectors from the LA County Health Department visited the Metro Supermarket in Temple City on Tuesday, after being informed that the market was selling raccoons as food. Employees at the market declined to appear on camera, but did show entire raccoons, frozen, bagged, and selling for $9.99 per pound. The employees say raccoon is considered a delicacy in China. Customer Christina Dow was at the market, and upon seeing the frozen raccoons, filmed the scene on her cell phone. She shared the video on social media. The way its ...
A Very Pernicious Partnership: Keynesian Money Printers And Wall Street Gamblers
Post Date: 2015-02-08 11:19:19 by nativist nationalist
No sooner was the January jobs report released than the Wall Street Journal posted a succinct headline: Hiring, Wages Pick Up as Job Market Nears Full Health. Whether the job market is actually as red hot as the BLS headline numbers is a debatable topic, but it is absolutely clear that the emergency the Fed cited 73 months ago when its pegged the money market rate a zero has long since vanished. Indeed, by the standards of all prior history, ZIRP was a death bed remedy. Prior to December 2008, the Fed had never, ever pegged the funds rate at zeronot even during the Great Depression. So if the US economy did generate new jobs at the 4 million annual rate ...
He’ll Rot For Pot: 55 Years For Weed (Koch bros fight)
Post Date: 2015-02-08 00:24:27 by Hondo68
via FacebookA father of two was sentenced to 55 years in jail for selling pot. The Koch brothers want to help set him free and make him the face of their new campaign for criminal justice reform. Weldon Angelos could have hijacked a plane and spent less time in jail. But due to mandatory sentencing laws, the father of two was sentenced to 55 years in jail for selling pot a term so long even the judge who gave it to him protested its injustice.A group backed by the Koch brothers agrees, and is now fighting to get him out of prison.Angelos is an extreme case: even though the crime was considered non-violent, Angelos carried a firearm during a series of marijuana sales to a Salt Lake ...
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