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Latest Articles: Business
The Elite Have Prepared For The Coming Collapse – Have You
Post Date: 2015-09-07 16:05:26 by tpaine
2 Comments
www.zerohedge.com The Elite Have Prepared For The Coming Collapse – Have You? Username: * Password: * Tyler Durden's picture Submitted by Michael Snyder via The Economic Collapse blog, Why are the global elite buying extremely remote compounds that come with their own private airstrips in the middle of nowhere on the other side of the planet? And why did they start dumping stocks like crazy earlier this year? Do they know something that the rest of us don’t? The things that I am about to share with you are quite alarming. It appears that the global elite have a really good idea of what is coming, and they have already taken substantial steps to prepare for it. Sadly, most ...
New York's Taxi Cartel Is Collapsing. Now They Want a Bailout.
Post Date: 2015-09-07 08:57:43 by Tooconservative
13 Comments
An age-old rap against free markets is that they give rise to monopolies that use their power to exploit consumers, crush upstarts, and stifle innovation. It was this perception that led to “trust busting” a century ago, and continues to drive the monopoly-hunting policy at the Federal Trade Commission and the Justice Department. But if you look around at the real world, you find something different. The actually existing monopolies that do these bad things are created not by markets but by government policy. Think of sectors like education, mail, courts, money, or municipal taxis, and you find a reality that is the opposite of the caricature: public policy creates monopolies ...
Muslim flight attendant: I was suspended for not serving alcohol [Full Thread]
Post Date: 2015-09-06 09:37:11 by cranky
251 Comments
A Muslim flight attendant filed a complaint with the U.S. Equal Employment Opportunity Commission claiming she was suspended from her job for not serving alcohol, which is against her religious beliefs, CBS Detroit station WWJ-AM reports.Lena Masri, an attorney for the Council on American-Islamic Relations Michigan, said Charee Stanley followed management's directions, working out an arrangement with her coworkers to accommodate passenger requests for alcohol.However, Masri said, ExpressJet Airlines put Stanley on administrative leave after another attendant filed "an Islamophobic complaint" that referenced Stanley's head scarf."We notified ExpressJet Airlines of its ...
Gov’t Accuses Company Of Discrimination Over Employees Having To Prove Citizenship Status
Post Date: 2015-09-05 19:54:52 by cranky
1 Comments
Nebraska BeefThe Department of Justice has accused a business of discrimination due to the company requiring employees to show proof of citizenship for employment. The DOJ claims that Nebraska Beef Ltd., a Nebraska-based meat packing company, “required non-U.S. citizens, but not similarly-situated U.S. citizens, to present specific documentary proof of their immigration status to verify their employment eligibility.” After receiving pressure from the government, Nebraska Beef agreed to pay $200,000 in a civil penalty settlement and said they will establish an uncapped back pay fund for people who lost wages because they could not prove they are in the country legally. The ...
Why the oil industry is doomed
Post Date: 2015-08-27 19:29:42 by Willie Green
4 Comments
Canada's oil sands are having a tough go of it.Also known as tar sands, they're particularly difficult to extract because they're mixed up with sandstone, creating an unusually viscous and dirty form of crude oil. But technological breakthroughs like horizontal drilling and steam injection have rendered them accessible, and what oil sands can't be acquired that way are dug up through massive strip-mining operations.So there's been a boom in the remote regions of the Canadian province of Alberta. Oil sands production there grew 30 percent in the last five years — part of the general boom in North American fossil fuels.Then the bottom dropped out of the oil market, ...
Tom Friedman: “Bonfire of the Assets, with Trump Lighting Matches”
Post Date: 2015-08-27 14:40:44 by nativist nationalist
3 Comments
Above, a picture of NYT columnist Tom Friedman’s house. From the NYT business section: Business Group Assails Donald Trump for Urging Higher Taxes on Some Companies His political platform is based largely on his business acumen, but Donald J. Trump is making a habit of rankling the business world with his ideas on trade and taxes. On Wednesday, the conservative Club for Growth took issue with Mr. Trump’s proposal to increase taxes on companies such as Ford when they source parts or make cars in countries like Mexico. The billionaire real estate developer suggested imposing a 35 percent tax on the carmaker as a penalty for such behavior. “It should thrill liberals and ...
Crashing markets increase the odds of a Trump presidency
Post Date: 2015-08-25 14:54:41 by tpaine
6 Comments
nypost.com Crashing markets increase the odds of a Trump presidency Photo: Reuters Crashing markets and floundering economies amplify voter anxiety — just like they did in 2008, when they helped propel into the White House a one-term US senator and “community organizer.” So, is it really so crazy to think that voters might elect as president in 2016 a real estate developer with little policy experience but lots of experience in land speculation, building casinos and reality TV? After months of believing Donald Trump was a flash in the pan, I’m willing to concede that The Donald could become the GOP nominee — and possibly the next president of the United States. ...
When Rules Multiply, the World Needs Rule Breakers
Post Date: 2015-08-19 09:07:38 by Deckard
1 Comments
Humans need rules. Rules make life more predictable. But when the rules multiply, the world needs some rule-breakers.The creator of the underground website Silk Road, Ross Ulbricht, was sentenced to life in prison for creating an online space that allowed people to use bitcoins to buy and sell things. Some used Silk Road (named after Marco Polo's trading route from China) to sell illegal drugs. People do that anyway, even without Silk Road; since the site's closing, numerous similar websites have taken its place. The prosecution implied (but never really argued) that Ulbricht planned murders. That would certainly be breaking a basic rule of civilization, but Ulbricht claims that ...
GM may import a Buick built in China (Envision - Shanghai)
Post Date: 2015-08-18 22:16:52 by Hondo68
12 Comments
General Motors may be the first U.S. automaker to build a car in China and sell it in the U.S. market. IHS Automotive says its analysis leads it to believe GM is planning to start shipping a small SUV, the Buick Envision, back to the U.S. by next year. The car is built in Shanghai for the China market. GM builds and sells more cars in China than in the U.S. The Buick brand is very popular in China, far more so than in the U.S. GM would neither confirm nor deny plans to export the Envision to the U.S. "It is all speculation at this point," said Buick spokesman Nick Richards. "To this point we haven't disclosed any plans for it outside of China." There is only ...
California: $15 Minimum Wage, $30 Per Pizza, Massive Fail
Post Date: 2015-08-17 19:47:31 by cranky
20 Comments
Small businesses are already struggling to survive the spate of minimum wage increases to $15 per hour in parts of California. Last month, the small Bay Area town of Emeryville, California, (population 10,000) decided to act as flag-bearer for raising the minimum wage in California, hiking its minimum wage to $14.44 per hour. Even though businesses with less than 56 workers are exempt from the $14.44 rate and do not have to raise their wages to $15 until 2018, Vic Gumper, who owns Lanesplitter Pizza, with outlets in Berkeley, Oakland, Albany and Emeryville, decided not only to bite the bullet but swallow it, paying his workers $15 to $25 an hour while eschewing tips or raising prices. He ...
New trolleys can fully recharge in 30 seconds
Post Date: 2015-08-13 08:38:30 by Willie Green
2 Comments
Train equipment maker CRRC Corp is introducing a fast-charge trolley bus system that trades traditional overhead cables for an energy model that can fully charge a trolley in 30 seconds while passengers are getting on and off. The company claims that the flash charge supercapacitor is the only one in the world that allows a trolley bus to run for 8 kilometers with 10 seconds of charging. "The technology is especially suited for buses that make frequent stops over short distances, and greatly reduces the pollution from public transportation," said Zhou Qinghe, the president and general manager of CSR Zhuzhou Electric Locomotive Co. "When they brake or run downhill, more ...
Man Uses Drone to Expose One of America's ‘Biggest Secrets’
Post Date: 2015-08-02 15:41:02 by Willie Green
2 Comments
Smithfield Foods has a lot to answer for after a drone just exposed the vile environmental practices happening at one of its pig farms in North Carolina. Recently, filmmaker Mark Devries flew a drone over the hidden farm to see what was happening behind the thick forest cover surrounding it. Next to the warehouses packed with thousands of pigs, the drone spied a massive cess pool the size of four football fields. According to a former local farmer, Don Webb, “It is a cess pool that you put feces and urine in a hole in the ground that you dump a toxic waste in.” All of the pig waste is collected in the warehouses and flushed into the giant pool large enough to accommodate the ...
Death of a Diploma Mill: University of Phoenix Going Down in Flames?
Post Date: 2015-08-02 15:05:15 by Willie Green
9 Comments
The troubled online university might have finally been dealt dual deathblows as they announced an FTC investigation and a 54% drop in enrollment.A phoenix is a bird that rises from the ashes, but the University of Phoenix is a diploma mill that may soon go down in flames. On Wednesday, University of Phoenix’s parent company Apollo Education Group announced that the business and marketing practices of the for-profit school are now under investigation by the Federal Trade Commission (FTC). CNNMoney reports that Apollo will “cooperate fully” with the FTC investigation, which requires them to provide the federal agency with documents on their finances, marketing, accreditation, ...
CEO Raises Salaries to $70K for EVERY Employee, Now has to Rent Out his Own Home to Make Ends Meet [Full Thread]
Post Date: 2015-08-02 10:40:45 by GrandIsland
63 Comments
Back in April we told you about Dan Price, CEO of Gravity Payments, who said he would pay every single one of his employees $70,000 annually. Every single one, from the lowest skilled workers on up. Now, as expected, Price has fallen on hard times financially, even having to rent out his own home. Employees who work for Gravity are now leaving the company, “spurred in part by their view that it was unfair to double the pay of some new hires while the longest-serving staff members got small or no raises.” This was always going to be the outcome. If everyone hits the jackpot, does anybody really win the lottery? When Dan Price, founder and CEO of the Seattle-based ...
Fiat Chrysler recalls 1.4M vehicles to prevent hacking
Post Date: 2015-07-24 13:49:53 by cranky
6 Comments
Fiat Chrysler has decided to recall about 1.4 million cars and trucks in the U.S. just days after two hackers detailed how they were able to take control of a Jeep Cherokee SUV over the Internet. The company will update software to insulate the vehicles from being remotely controlled, and it said in a statement that hackers are committing a crime by manipulating vehicle without authorization. The recall affects vehicles with 8.4-inch touchscreens including 2013 to 2015 Ram pickups and chassis cabs and Dodge Viper sports cars. Also covered are 2014 and 2015 Dodge Durango and Jeep Grand Cherokee and Cherokee SUVs, as well as the 2015 Chrysler 200 and 300, and the Dodge Charger and ...
Donald Trump (And American Immigration Patriots) Against The Cultural Marxist Economy
Post Date: 2015-07-18 00:11:14 by nativist nationalist
3 Comments
We’d call it Stalinist if that wasn’t an insult to the Communists. Boston Mayor Martin Walsh has vowed that GOP presidential candidate Donald Trump will not be allowed to build in his city unless he “make[s] some apologies” for criticizing the Mexican government’s policy of exporting criminals to the United States [Boston mayor: Donald Trump unwelcome without apology, by Marie Szaniszlo, Boston Herald, July 14, 2015]. This is simply the latest move by the totalitarian Cultural Marxist Left to impose a political test before Americans are allowed to engage in economic activity. The goal: to make immigration patriotism, or anything else deemed Politically Incorrect, ...
Marijuana opponents using racketeering law to fight industry
Post Date: 2015-07-13 19:31:13 by cranky
0 Comments
A federal law crafted to fight the mob is giving marijuana opponents a new strategy in their battle to stop the expanding industry: racketeering lawsuits. A Colorado pot shop recently closed after a Washington-based group opposed to legal marijuana sued not just the pot shop but a laundry list of firms doing business with it — from its landlord and accountant to the Iowa bonding company guaranteeing its tax payments. One by one, many of the plaintiffs agreed to stop doing business with Medical Marijuana of the Rockies, until the mountain shop closed its doors and had to sell off its pot at fire-sale prices. With another lawsuit pending in southern Colorado, the cases represent a new ...
The face-to-face airplane seating idea that’s being called a ‘nightmare’
Post Date: 2015-07-10 12:17:31 by Willie Green
3 Comments
If you think flying economy class is already as bad as it could be, brace yourself for some horrifying news.How bad is it? Wired calls it “The most nightmarish idea for plane seating ever.”Economy passengers are already crammed in tight, with little to no leg room, they’re fighting for elbow space and are forced to eat terrible food, often at an extra cost.Now comes the ultimate horror.Zodiac Seats France, one of the biggest manufacturers of aircraft passenger seats, has filed a patent for a seating configuration that would have passengers facing each other.Called “economy class cabin hexagon,” the design would take the middle seat in a row of three and turn it ...
Why the Democrats Will Do and Say Anything To Stop Donald Trump
Post Date: 2015-07-06 23:33:11 by A K A Stone
23 Comments
Someone is getting very nervous. President Barack Obama; Valerie Jarrett; Eric Holder; Hillary Clinton; Jon Corzine … to name just a few. And I know why. I wrote a book entitled “The Murder of the Middle Class” about the unholy conspiracy between big government, big business and big media. They all benefit by the billions from this partnership and it’s in all of their interests to protect one another. It’s one for all, and all for one. It’s a heck of a filthy relationship that makes everyone filthy rich. Everyone except the American people. We get ripped off. We’re the patsies. But for once, the powerful socialist cabal and the corrupt crony capitalists ...
ESPN Pulls Event from Donald Trump Golf Course
Post Date: 2015-07-06 19:02:45 by cranky
8 Comments
ESPN has become the latest corporate entity jump on the pig-pile on Donald Trump. Following moves by Macy’s, NBCUniversal, and NASCAR to distance themselves from the presidential candidate, ESPN has decided to move an annual golf tournament honoring late North Carolina State basketball coach Jim Valvano from the Trump National Golf Club. “We decided it was appropriate to change the venue, and are grateful for the opportunity to stage the event at Pelican Hill on short notice,” the network announced in a statement. “This charity outing benefits The V Foundation’s Stuart Scott Memorial Cancer Research Fund, providing resources for important cancer research for ...
Bloomberg: Good Luck Finding a Place to Hide as Global Markets Crumble
Post Date: 2015-07-06 14:06:38 by Tooconservative
2 Comments
Investors tend to respond to impending doom by selling risky stuff and hiding out in safer assets -- namely, bonds in places such as Germany and the U.S. There’s a problem with that formula this time around: Traders aren’t so sure they can find anything that’s truly safe right now. So, instead of piling into sovereign debt of developed nations, traders are pulling their money out of those places as the Greek economy teeters on the brink of collapse, Puerto Rico talks about delaying some debt payments and China’s stock market suffers its biggest selloff since 1992. Investors yanked $2.9 billion from European government bond funds last week, more than ever before, and ...
Hey - Precious Metals - What's Happening? [Full Thread]
Post Date: 2015-07-05 13:22:18 by Chuck_Wagon
57 Comments
Hello there, folks. I am starting this thread for those who are interested in 'hard money' - call it 'paleo-investing' it you will. The silver price has apparently been suppressed - for a while. Many so-called pundits and prognosticators predict that it MAY soon move upwards. The purpose of this thread is to keep track of these things. Participate if you will...
Greek banks down to €500m in cash reserves as economy crashes
Post Date: 2015-07-03 19:58:54 by nativist nationalist
0 Comments
The daily allowance of cash from many ATM machines has already dropped from €60 to €50, purportedly because €20 notes are running out. Greece is sliding into a full-blown national crisis as the final cash reserves of the banking system evaporate by the hour and swathes of industry start to shut down, precipitating the near disintegration of the ruling coalition. Business leaders have been locked in talks with the Bank of Greece, pleading for the immediate release of emergency liquidity funds (ELA) to cover food imports and pharmaceutical goods before the tourist sector hits a brick wall. Officials say the central bank will release the funds as soon as Friday, but this is a ...
TV Land pulls ‘Dukes’ — Confederate flag a no-no
Post Date: 2015-07-01 13:39:00 by Willie Green
6 Comments
Tom Wopat (left) and John Schneider with their car, the General Lee. The latest victim of the growing controversy over the Confederate flag is the 1980s TV series “The Dukes of Hazzard.” A TV Land spokesperson confirmed Tuesday that the network has pulled reruns of the series from its schedule, which had been airing twice a day. The network declined to comment on why the episodes were removed, but the South-set show has come under fire recently for its use of the Confederate flag, which is emblazoned on the roof of the Duke Boys’ signature 1969 orange Dodge Charger. Warner Bros., which owns “The Dukes of Hazzard,” last week halted production on toy replicas of ...
NASCAR again tries to distance itself from Confederate flag
Post Date: 2015-06-24 10:30:00 by Willie Green
2 Comments
Confederate flags are as easy to find at NASCAR races as cutoff jeans, cowboy hats and beer. They fly over motorhomes. They adorn clothing. They are regular fixtures, just like Ford and Chevrolet, and that is unlikely to change any time soon. NASCAR probably would like to see them go away. The sanctioning body for the motorsports series backed South Carolina Gov. Nikki Haley's call to remove the Confederate flag from the Statehouse grounds in the wake of the Charleston church massacre. NASCAR issued its statement Tuesday, the same day South Carolina lawmakers agreed to discuss removing the flag and one day after Haley said "the time has come" to take it down. And that is ...
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