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Club for Growth Snubs Trump Ahead of Annual Donor Retreat

North Korean Leader Seen in Public First Time in 36 Days

Crisis Pregnancy Centers Labeled 'Anti-abortion' by AP

Disney May Lose Control of Its Kingdom With Florida Bill Read Newsmax: Disney May Lose Control of Its Kingdom With Florida Bill | Newsmax.com Important: Find Your Real Retirement Date in Minutes! More Info Here

‘Riotsville, USA’ Shows the Birth of Police Militarization

Russia and Ukraine Have Incentives to Negotiate. The U.S. Has Other Plans.

Push Global CCP Influence Into the Light

Mac Isaac to Newsmax: No Wrongdoing in Turning Over Laptop

Equity Destroying Education in Va.

UN Using “Neuroscience” to Push One World “Spirituality” on Children

Ukraine: The War That Went Wrong

Another Recession Sign: Part-Time Work Is Growing Faster than Full-Time Work

Internal Pink Floyd Feud Reignited Amid Antisemitism Accusations

No Freedom of Car Choice? Thank Blue State Tyrants

Prohibiting Guns for Marijuana Users Ruled Unconstitutional

The Price-Gouging State

Brickbat: Finger-Licking Good

The Not-So-Great Depression Diet

Yes, the US Government Has Defaulted Before

BREAKING - mRNA Vaccine ... Paralyzes Young Girl --- Now Wheelchair Bound

Lauterbach in 2020: "Schools drive the pandemic, the research is clear." Lauterbach in 2023: The belief that many infections occur in schools and day-care centres “did not prove to be correct"

Tyre Nichols’s Death Proves Yet Again That ‘Elite’ Police Units Are a Disaster

Local Gov't Internet Is No Solution

WE NEED TO STOP THIS | Jimmy Dore’s Epic RANT About Ukraine War

Justice Denied

Top Bush Lawyer Admits Guantánamo Military Commissions ‘Doomed From the Start’

Fuller a Pioneer of Solar Energy

Innovation in all fields of research and invention has entered a uniform, precipitous decline since at least 1945

America Is Once More Safe for Democracy After 'Terrorist' Balloon Shot Down!

Stoics in the Shining City

Zelensky Warns Major Russian Offensive Is Looming

Pro-Life Students File Lawsuit After Kicked Out From Smithsonian

The deeply flawed campaign for racial reparations

Pentagon Tells Lawmakers Ukraine Unlikely to Retake Crimea

War Racketeers Won’t Reform Themselves

Lose-Lose

An Apostate Indicts Our Educational System

Ukraine to Replace Defense Minister After Corruption Scandal

Salman Rushdie Opens Up About Surviving Attack: I Feel Lucky

New $2.2 Billion Arms Package for Ukraine Includes Longer-Range Rockets

Montana Senate Kills Call for Con-Con

Brickbat: Remember, We Never Met

Fed’s Giant Economic Science Experiment

Iraq Central Bank Governor Urges US to Scale Back Dollar Restrictions

Germany Open to Theories That a Western Country Attacked Nord Stream Pipelines

Former Israeli PM Bennett: Putin Promised Not to Kill Zelenskyy Read more: Former Israeli PM Bennet: Putin Promised Not to Kill Zelenskyy | Newsmax.com

DOJ Probes Memphis PD on Tyre Nichols' Killing

US V-22 Ospreys Grounded Over Defective Clutch Parts

Leftist Lawyers Try To Protect Killing The Unborn By Calling It A Religion

The President Has Spoken


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Indiana’s Toll Road Goes Bankrupt
Post Date: 2014-10-24 09:43:19 by nativist nationalist
2 Comments
In 2006, the ITR Commission Co. purchased the right to operate a toll road in Indiana for 75 years for the cost of $3.8 billion. That investment that hasn’t worked out as planned, as ITR filed for Chapter 11 bankruptcy protection on September 21. They now have $6 billion in debt they are seeking to restructure. The reason for ITR’s financial distress is simple: there isn’t as much traffic as they predicted. In fact, traffic is falling short of projections all over the country, an indication both of shifting social patterns and of the engineering profession’s institutionalized propensity to overestimate. With relatively fixed costs for maintenance, repairs, and ...

Dan DiMicco's solution for what ails U.S. economy? Manufacturing
Post Date: 2014-10-22 23:46:26 by nativist nationalist
0 Comments
Forget the idea that the U.S. economy is chugging along in a respectable recovery after the Great Recession, says Dan DiMicco, former CEO of steel manufacturer Nucor Corp. And the 5.9 percent unemployment rate the Bureau of Labor Statistics reported for September? Forget that, too, he says. The real unemployment rate is the 16.1 percent, which includes those working part time but who would rather be working full time. You also have to consider those who have given up looking for work and those who have been fired or have quit since the last counting, DiMicco says. The labor statistics folks call it the U6, which also measures the "marginally attached" who aren't counted in ...

Scary 1929 Market Chart Gains Traction
Post Date: 2014-02-11 17:13:01 by Brian S
0 Comments
CHAPEL HILL, N.C. (MarketWatch) — There are eerie parallels between the stock market’s recent behavior and how it behaved right before the 1929 crash. That at least is the conclusion reached by a frightening chart that has been making the rounds on Wall Street. The chart superimposes the market’s recent performance on top of a plot of its gyrations in 1928 and 1929. The picture isn’t pretty. And it’s not as easy as you might think to wriggle out from underneath the bearish significance of this chart. I should know, because I quoted a number of this chart’s skeptics in a column I wrote in early December. Yet the market over the last two months has continued ...

No Mr. Buchanan, Corporate Profits Are NOT The Problem
Post Date: 2014-01-31 22:43:36 by jwpegler
3 Comments
Yesterday, Pat Buchanan wrote article stating that corporations pursuing profits during the first Bush Administration (1989-1992) was the root cause of the economic woes that middle America is facing today. This is a pitifully shallow analysis. After WWII, half of the world was in ruins and much of the other half descended into communism. The U.S. stood virtually alone as the only real credible economy in world. So, during the 1940's and 1950's, 50% of all manufactured goods in the world came from the U.S., even though we only had about 5% of the world's population. But, the world wasn't standing still. The Germans started to get back into the game in the 1960's, as ...

Gold Declines on Way to Worst Year Since 1981 as Silver Drops
Post Date: 2013-12-30 18:32:18 by Brian S
0 Comments
Gold fell for the first time in four sessions in New York, set for its biggest annual loss in three decades, as an improving economy cut demand for a protection of wealth. Silver futures also retreated. Bullion slid to $1,186 an ounce on Dec. 19, near this year’s low set in June, before rebounding to a one-week high of $1,218.90 on Dec. 27. Global equities traded near the highest since 2007 before reports this week that may show gains in U.S. housing and manufacturing. “We’re seeing improving economies with little or no inflation,” Frank McGhee, the head dealer at Integrated Brokerage Services in Chicago, said in a telephone interview. “The fear has been stripped ...

'Successful' Auto Bailout Of GM, Chrysler Saved Millions Of Jobs, $284B In Personal Income
Post Date: 2013-12-09 15:49:33 by Brian S
0 Comments
DETROIT, MI- The U.S. government's $85 billion bailout of General Motors Co. and Chrysler Group LLC was more successful than many first anticipated, according to a new study released today. The Center for Automotive Research study -- called ''The Effect on the U.S. Economy of the Successful Restructuring of General Motors'' --€“ found that the controversial 2008- 2009 bailout, saved 2.6 million jobs in 2009 alone and $284.4 billion in personal income was preserved over 2009-2010. CAR concluded that if the U.S. government had refused to assist GM and Chrysler in their financial crisis of "unprecedented proportions," then the whole U.S. economy would ...

Job-Creation Weakens, But Unemployment Rate Down
Post Date: 2013-10-22 13:56:13 by Brian S
4 Comments
September saw the U.S. economy add just 148,000 jobs, significantly worse than expected, according to a report delayed more than two weeks by the government shutdown. The unemployment rate unexpectedly fell to 7.2 percent, the lowest since November 2008, as the labor-force participation rate held near 35-year lows, according to the Bureau of Labor Statistics. Private payroll creation stood at just 122,000, with state and local governments adding 28,000 positions and the federal government cutting by 6,000. (Read more: More young peopleare out of school...and out of work) Economists had been expecting 180,000 new positions and a steady jobless rate. "This kind of report adds to the ...

The Proper Role of Government in Science and Technology
Post Date: 2013-08-20 20:23:23 by jwpegler
2 Comments
America's economic might has always rested on our ability to innovate. The cotton gin, light bulb, air plane, assembly line, microprocessor, internet, e-commerce... America has thrived because our system supported an environment of both technological and business innovation. For the last several decades, there has been a lot of debate in this country about the proper role of government in science and technology. The debate crosses ideological lines. For the purposes of our discussion, let's define three terms: 1.) Basic research focuses on creating and testing fundamental theories. 2.) Applied research examines those fundamental theories in the context of a specific set of ...

Home Prices Climb in 87% of U.S. Cities Amid Recovery
Post Date: 2013-08-08 17:15:36 by Brian S
0 Comments
Prices for single-family homes climbed in 87 percent of U.S. cities in the second quarter as the national housing recovery accelerated amid competition for a limited number of properties on the market. The median transaction price rose from a year earlier in 142 of 163 metropolitan areas measured, the National Association of Realtors said in a report today. A year earlier, 75 percent of regions had gains. Values are increasing as homebuyers, encouraged by improving employment, compete for a tight supply of listed properties. At the end of the second quarter, 2.19 million previously owned homes were available for sale, 7.6 percent fewer than a year earlier, according to the Realtors group. ...

Services in U.S. Expand at Fastest Pace in Five Months
Post Date: 2013-08-05 11:06:02 by Brian S
0 Comments
Service industries in the U.S. expanded in July at the fastest pace in five months, a sign the world’s biggest economy will improve after slowing the last three quarters. The Institute for Supply Management’s non-manufacturing index increased to 56, exceeding all forecasts in a Bloomberg survey, from a more than three-year low of 52.2 in June, a report from the Tempe, Arizona-based group showed today. The median estimate called for a gain to 53.1. Readings higher than 50 indicate growth in the industries that make up almost 90 percent of the economy. The figures follow the group’s report last week that showed manufacturing advanced at the fastest rate in more than two ...

Payrolls in U.S. Rose 162,000 in July as Unemployment Rate Fell to 7.4%
Post Date: 2013-08-02 11:07:27 by Brian S
0 Comments
Employers added fewer workers than anticipated in July and the U.S. jobless rate dropped to 7.4 percent, indicating uneven progress in the labor market. The 162,000 increase in payrolls last month was the smallest in four months and followed a revised 188,000 rise in June that was less than initially estimated, Labor Department figures showed today in Washington. The median forecast of 93 economists surveyed by Bloomberg called for a 185,000 gain. Workers spent fewer hours on the job and hourly earnings fell for the first time since October. The slower pace of hiring suggests some employers are confident they’re able to meet demand with current staffing levels as the economy begins ...

Construction Spending in U.S. Unexpectedly Declined in June
Post Date: 2013-08-01 11:08:44 by Brian S
0 Comments
Construction spending in the U.S. unexpectedly dropped in June for the first time in three months, easing off an almost four-year high amid government cutbacks. Outlays (CNSTTMOM) decreased 0.6 percent to a $883.9 billion annual rate after a 1.3 percent increase in May that was almost three times larger than previously estimated, the Commerce Department reported today in Washington. The median forecast of 49 economists surveyed by Bloomberg called for a 0.4 percent rise. Government outlays slumped to the lowest level since 2006. A sustained pickup in the housing market combined with gains in non-residential building will be needed to overcome government budget cuts that have restrained ...

General Motors July Sales Up 16 Percent On Strong Sales Of Big Pickup Trucks
Post Date: 2013-08-01 10:46:05 by Brian S
2 Comments
DETROIT — General Motors Co. says its July U.S. sales rose 16 percent on big gains in full-size pickup trucks. The company’s increase leads all automakers that have reported numbers on Thursday. Nissan, Chrysler and Ford all had 11 percent increases. GM says it sold just over 234,000 vehicles last month. Sales of the Chevrolet Silverado and GMC Sierra pickups combined rose 46 percent to almost 99,000. Truck sales continue to grow on rising demand from home builders and other businesses. GM says passenger car sales were up 24 percent over a year ago. The Chevrolet Impala saw a 38 percent sales increase as new models reached showrooms. Sales of the Cadillac and Chevrolet brands ...

Manufacturing In The U.S. Expanded At The Fastest Pace In More Than Two Years
Post Date: 2013-08-01 10:42:20 by Brian S
0 Comments
Manufacturing in the U.S. expanded at the fastest pace in more than two years as orders and production jumped, indicating more factories were growing optimistic about the second half of the year. The Institute for Supply Management’s factory index increased to 55.4, the strongest since June 2011 and exceeding the highest projection in a Bloomberg survey of economists, after 50.9 in the prior month, the Tempe, Arizona-based group’s report showed today. Readings above 50 indicate expansion, and the median forecast of 84 economists surveyed by Bloomberg called for an advance to 52. Sustained demand for automobiles and for materials tied to the recovery in housing are keeping ...

Short on cash? Sell some stock in yourself
Post Date: 2013-07-28 20:23:55 by A K A Stone
0 Comments
Entrepreneur Nathan Sharp raised $50,000. He is repaying investors 2.5% of his income. (Ethan Barr) Shane Gring was barely scraping by. Saddled with nearly $50,000 in student loans and credit card debt, the 26-year-old Denver, Colorado, entrepreneur needed a way to supplement his income while getting his start-up off the ground. So, Gring, who runs BOULD, a company that teaches people how to build green homes, decided to crowdfund himself. Gring hopes to raise $20,000 on Pave, a crowdfunding platform where young American entrepreneurs, artists, students and other “prospects” raise money from accredited investors in exchange for a percentage of their future income. So far, ...

Ford’s Best to Come as Record Profit Precedes Sales Surge
Post Date: 2013-07-25 11:40:13 by Brian S
0 Comments
Ford Motor Co. (F), fresh off record first-half profit in North America, has plenty left in the tank as it builds more of the models pacing the U.S. auto industry’s growth. Ford, the second-largest U.S. automaker, made $4.77 billion in its home region during the year’s first six months, driven by surging demand for Fusion family cars and F- Series pickups. The Dearborn, Michigan-based company is adding factory capacity to build more of both of those models starting this quarter. Even with limited supply of models such as Fusion, which quickly became one of the top-selling cars in the U.S., Ford has gained the most share in a home market that continues to accelerate more rapidly ...

GM Beats Profit Estimates Ahead of New Model Wave
Post Date: 2013-07-25 11:13:20 by Brian S
0 Comments
General Motors Co. (GM)’s second-quarter profit beat analysts’ estimates as the largest U.S. automaker is poised for growth with the one of the biggest waves of new models in its history. Profit excluding one-time items was 84 cents a share, GM said, exceeding the 77-cent average of 13 estimates compiled by Bloomberg. That compares with 90 cents a share a year earlier. GM rose 0.6 percent to $37.37 at 9:46 a.m. New York time. The shares earlier touched $37.71, the highest intraday price since January 2011. Demand for pickups in the U.S. as well as Cadillacs and Buicks in China boosted revenue 3.9 percent. The growth for GM, along with Ford Motor Co. and Chrysler Group LLC, is ...

New Home Sales at Highest Level in 5 Years
Post Date: 2013-07-24 10:56:06 by Brian S
0 Comments
Americans snapped up new homes in June at the fastest pace in five years, a sign the housing recovery is strengthening. The Commerce Department said Wednesday that sales rose 8.3 percent last month to a seasonally adjusted annual pace of 497,000. That's up from an annual pace of 459,000 in May, which was revised lower. While sales are still below the 700,000 pace consistent with healthy markets, they have risen 38 percent in the past 12 months. That's the biggest annual gain since January 1992. Home sales and prices have climbed since early last year, buoyed by solid hiring and low mortgage rates. Housing has helped drive economic growth this year at a time when other parts of ...

Malcom X on Entrepreneurship
Post Date: 2013-07-21 20:13:51 by jwpegler
1 Comments

Gold Sheds 3% as US Employment Data Beats Forecast
Post Date: 2013-07-05 14:04:55 by Brian S
11 Comments
Gold fell 3 percent on Friday, extending earlier losses as the dollar climbed after stronger-than-expected U.S. jobs data, which could tempt the Federal Reserve to start scaling back its monetary stimulus later this year. The U.S. non-farm payrolls report showed employers added 195,000 new jobs to their payrolls last month, while the unemployment rate held steady at 7.6 percent as more people entered the workforce. Economists had forecast new jobs of 165,000. The data could affect the timing of the U.S. central bank's expected scaling down of its $85 billion monthly bond purchases, the prospects of which has already triggered turbulence across major asset classes worldwide. Spot gold ...

Economy Adds 175,000 Jobs In May; Unemployment Rate Rises To 7.6%
Post Date: 2013-06-07 11:19:25 by Brian S
0 Comments
WASHINGTON -- The nation kept up its moderate but steady job growth in May as employers added 175,000 net new positions, slightly higher than the prior month, the government reported Friday. The unemployment rate edged up to 7.6% from 7.5% in April. That was the first increase since the year began with a jobless figure of 7.9%, but the rise was partly because more people reentered the job market last month -- a sign that workers may be feeling more hopeful about their hiring prospects. In general, recent surveys have suggested improved public confidence about the economy as stocks and home prices have moved higher and the recovery seems to be weathering setbacks from federal spending cuts ...

The Dismal (But Necessary) Science
Post Date: 2013-05-12 10:32:12 by CZ82
4 Comments
The Dismal (But Necessary) Science Written on Thursday, May 9, 2013 by Robert Owen One of the first things my economics professor told our class was that economics has been referred to as “the dismal science”. The second thing he told us was that the economics textbook could cure insomnia. I found that in his second thought he was absolutely correct. The book was deadly boring. But economics as a dismal science is totally wrong. While the book was useful for looking up individual facts, it was unreadable. In class, however, with human interaction in the form of questions and debate, economics became vibrant and exciting. So much of human interaction is based on economics, I ...

The Stupid Party
Post Date: 2012-12-28 21:45:16 by jwpegler
2 Comments
The stupid party... My wife and I are both small business owners. We bust our ass every day to serve our customers. We both work 60 to 80 hours every week. Because we are modestly successful, we pay the top tax rate. Obama and the Democrats want to screw us and make us pay more because we are so "rich". But the super rich like Warren Buffet, Opra, Loyld Blankfien (Goldman Sacs), and Steven Speilberg pay much less than we do as a percentage of their income because of the special interest deductions they get and also because a lot of their income is so-called "investment" income rather than "earned" income. The GOP are idiots. They COULD take their basic ...

We Are Witnessing The Death Of Small Business In America
Post Date: 2012-12-14 10:46:40 by Hondo68
2 Comments
Historically, small businesses have been the primary engine of new job creation in the United States. If the economy was getting healthy, we would expect to see the number of jobs at new businesses rise. Instead, we are witnessing just the opposite. We are told that the economy is supposed to be "recovering", but the number of "startup jobs" at new businesses has fallen for five years in a row. According to an analysis of U.S. Department of Labor data performed by economist Tim Kane, there were almost 12 startup jobs per 1000 Americans back in the year 2006. By 2011, that figure had fallen to less than 8 startup jobs per 1000 Americans. According to Kane, the number of ...

No King, No Queen, No Lords, No Ladies
Post Date: 2012-12-12 16:33:33 by Capitalist Eric
1 Comments
The end-result of any powerful bureaucracy with tons of rules and regulations is a neo-feudal state. But, Sarah, you say, what if the rules and regulations are designed to protect the little guy from the big guys? What if they’re designed to keep free competition and make the individual competitive? Well, then the bureaucrats have got better at disguising their intent, but for the result, refer to the first line. Let me explain – regardless of what the supposed intent of the rules and regulations: clean air, clean water, competitiveness, honesty, what all rules and regulations imposed by a government do is a) create a bureaucracy. b) add to the cost of doing business/existing ...

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