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He’ll, You Pieces of Garbage
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Easy Drywall Patch
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In Logansport, Indiana, Kids are Being Pushed Out of Schools After Migrants Swelled County’s Population by 30%: "Everybody else is falling behind"
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Joe Rogan Experience #2219 - Donald Trump
IDF raids Hezbollah Radwan Forces underground bases, discovers massive cache of weapons
Gallant: ‘After we strike in Iran,’ the world will understand all of our training
The Atlantic Hit Piece On Trump Is A Psy-Op To Justify Post-Election Violence If Harris Loses
Six Al Jazeera journalists are Hamas, PIJ terrorists
Judge Aileen Cannon, who tossed Trump's classified docs case, on list of proposed candidates for attorney general
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Israel kills head of Hezbollah Intelligence.
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Latest Articles: Economy
Retail Apocalypse 2017
Post Date: 2017-02-27 08:28:25 by U don't know me
2 Comments
Retail Apocalypse 2017 - J.C. Penney and Family Christian Stores are the latest retail giants to announce widespread store closings. As you will see below, J.C. Penney plans to close between 130 and 140 stores, and Family Christian is closing all of their 240 stores. In recent months the stock market has been absolutely soaring, and so most people have simply assumed that the “real economy” must be doing well. But that is not the case at all. In fact, the retail apocalypse that I have been documenting for quite some time appears to be gaining momentum. J.C. Penney is not in as rough shape as Sears is just yet, but it is definitely on a similar trajectory. In the end, they are ...
Utter Decimation: Men in Labor Force Down to 78 Percent in 2015
Post Date: 2017-02-10 10:56:25 by Justified
25 Comments
Utter Decimation: Men in Labor Force Down to 78 Percent in 2015 By Martin Morse Wooster | February 9, 2017 | 1:46 PM EST A man plays an Xbox game at his home in Jupiter, Florida. (AP Photo/Rick Silva) As the Trump administration continues to figure out ways to put people back to work, they have to deal with a simple demographic fact: there are tens of millions of American men, in the prime years of their working lives, who have dropped out of the labor force. It’s not that these men are trying, and failing, to get jobs. They’ve simply given up. What is causing this problem and what can be done about it? Nicholas Eberstadt explores this issue in "Men Without Work: The ...
Canadian Official On NAFTA Renegotiation: "Mexico Is In A Terrible, Terrible Position. We Are Not"
Post Date: 2017-01-27 12:02:48 by Tooconservative
5 Comments
As reported yesterday, Mexico is not at all looking forward to starting the process of renegotiating NAFTA with Donald Trump, explicitly warning the US that "there are very clear red lines that must be drawn from the start." What these lines are will be explained by Economy Minister Ildefonso Guajardo and Foreign Affairs Secretary Luis Videgaray who are both meeting with US officials in Washington on Wednesday and Thursday, setting the stage with next week's visit from Mexico President Enrique Pena Nieto. Only, Enrique Pena Nieto may not even come, because according to an AP report late on Wednesday, the Mexican President is rethinking his scheduled meeting with President ...
In the Shopping Cart of a Food Stamp Household: Lots of Soda
Post Date: 2017-01-14 17:35:33 by misterwhite
32 Comments
What do households on food stamps buy at the grocery store? The answer was largely a mystery until now. The United States Department of Agriculture, which oversees the $74 billion food stamp program called SNAP, has published a detailed report that provides a glimpse into the shopping cart of the typical household that receives food stamps. The findings show that the No. 1 purchases by SNAP households are soft drinks, which accounted for about 10 percent of the dollars they spent on food. “In this sense, SNAP is a multibillion-dollar taxpayer subsidy of the soda industry,” said Marion Nestle, a professor of nutrition, food studies and public health at New York University. ...
It’s A Retail Apocalypse: Sears, Macy’s And The Limited Are All Closing Stores
Post Date: 2017-01-09 00:11:27 by U don't know me
17 Comments
It’s A Retail Apocalypse: Sears, Macy’s And The Limited Are All Closing Stores By Michael Snyder, on January 8th, 2017 It has only been two weeks since Christmas, and already we are witnessing a stunning bloodbath of store closings. Macy’s shocked the retail industry by announcing that they will be closing about 100 stores. The downward spiral of Sears hit another landmark when it was announced that another 150 Sears and Kmart stores would be shutting down. And we have just learned that The Limited is immediately closing all stores nationwide. If the U.S. economy is doing just fine, then why are we experiencing such a retail apocalypse? All over America, vast shopping malls ...
Trump's new economic math
Post Date: 2016-12-27 11:43:28 by Willie Green
3 Comments
Trump proved adept during the campaign at defining his opponents and could attempt to do the same on the economy if he shows limited success on his benchmarks. How will we know when America is great again? The economy is doing pretty well by traditional measurements such as unemployment — now at a nine-year low of 4.6 percent — and growth — currently at an annual rate of more than 3 percent. But Donald Trump regularly dismisses such numbers, describing the official unemployment rate as “total fiction” and slamming President Barack Obama for failing to stem the loss of industrial jobs. So now that the Obama economy is about to become the Trump economy, Trump is ...
No middle class, no republic: GOP plans to destroy America’s safety net will also kill democracy
Post Date: 2016-12-25 14:19:33 by Willie Green
2 Comments
Democracy only “works” for the top 10 percent of Americans Newt Gingrich openly bragged recently at the Heritage Foundation that the Trump administration and Republicans in Congress were going to “break out of the Franklin Delano Roosevelt model.” That “model,” of course, created what we today refer to as “the middle class.”Ever since the election of Ronald Reagan, Republicans have been working overtime to kneecap institutions that support the American middle class. And, as any working-class family can tell you, the GOP has had some substantial successes, particularly in shifting both income and political power away from voters and ...
Pension Panic: The Coming Financial Bubble Nobody Is Talking About
Post Date: 2016-12-24 22:41:11 by U don't know me
0 Comments
Pension Panic: The Coming Financial Bubble Nobody Is Talking About by Shaun Bradley For millions of public sector workers in the U.S., state-run pension funds are the only chance left for a comfortable retirement. In the hopes of providing a stable future for their families, an entire generation was duped into putting decades of their earnings into these supposedly ‘risk-free’ investments. Unfortunately, those who have entrusted the government to manage their life savings may end up destitute as a result. Budgetary shortfalls that have plagued Detroit for years are now spreading to other municipalities. Since 2008, six local governments have been forced to renegotiate their ...
The Millennial Job Deficit[Obama Econ 101]
Post Date: 2016-12-24 09:53:44 by Justified
9 Comments
The Millennial Job Deficit Jobs: While economists, the administration and the Fed all trumpet "near full employment," a stark reality intrudes: Most of the jobs created in the last decade have been temp or gig jobs, not permanent full-time work. It's a huge problem. From 2005 to 2015, fully 94% of the 10 million net new jobs were either temporary or contract gigs, says a new study by economists Lawrence Katz of Harvard University and Alan Krueger at Princeton University. The share of Americans — mostly Millennials — now doing what the study's authors call "alternative work" has risen from 10.7% to 15.8%. That wouldn't be so bad if it was what ...
Beijing fires trade warning after Trump appoints China hawk
Post Date: 2016-12-23 00:01:26 by U don't know me
2 Comments
Beijing fires trade warning after Trump appoints China ha by: Tom Mitchell in Beijing and Demetri Sevastopulo in Washington China has warned Donald Trump that “co-operation is the only correct choice” after the US president-elect tapped a China hawk to run a new White House trade policy office. The appointment of Peter Navarro, a campaign adviser, to a formal White House post shocked Chinese officials and scholars who had hoped that Mr Trump would tone down his anti-Beijing rhetoric after assuming office. Mr Navarro, a Harvard-trained economist and University of California Irvine professor, is the author of Death by China and other books that paint the country as ...
Tis The Season For Credit Card Debt: This Christmas Americans Will Spend An Average Of 422 Dollars Per Child
Post Date: 2016-12-20 08:03:52 by U don't know me
2 Comments
Tis The Season For Credit Card Debt: This Christmas Americans Will Spend An Average Of 422 Dollars Per Child By Michael Snyder, on December 19th, 2016 For many Americans, the quality of Christmas is determined by the quality of the presents. This is especially true for our children, and some of them literally spend months anticipating their haul on Christmas morning. I know that when I was growing up Christmas was all about the presents. Yes, adults would give lip service to the other elements of Christmas, but all of the other holiday activities could have faded away and it still would have been Christmas as long as presents were under that tree on the morning of December 25th. Perhaps ...
GM, Fiat Chrysler Idle 7 Plants; Over 10,000 Workers Affected
Post Date: 2016-12-20 07:54:20 by U don't know me
3 Comments
Car-tastrophe - GM, Fiat Chrysler Idle 7 Plants; Over 10,000 Workers Affected by Tyler Durden Dec 19, 2016 5:15 PM Just weeks after Ford idled four plants "due to slowing sales", GM and Fiat Chrysler announced today that they will idle seven plants across Canada and US as they work to reduce near-record high inventories amid weakening sales. With an inventories-to-sales ratio above historical peaks (only beaten by huge spike in 2008 when sales stopped), the pain for automakers has only just begun... For example, GM's inventory of vehicles on dealer lots at the end of November stood at 874,162, up 26.5% from the same time a year ago. And so, as AP reports, General ...
Ron Paul Wants a Spot on Federal Reserve Board of Governors
Post Date: 2016-12-19 18:18:13 by Hondo68
12 Comments
Former Congressman Ron Paul. (Photo by Pete Marovich/Getty Images) Ron Paul's group, "Campaign for Liberty," is trying to get him a spot on the U.S. Federal Reserve's Board of Governors, a senior politics editor with the Huffington Post reports. Ron Paul’s group, Campaign for Liberty, is pushing to get Ron Paul nominated to the U.S. Federal Reserve's Board of Governors — Sam Stein (@samsteinhp) December 18, 2016 Paul, a former GOP member of Congress from Texas, earlier this week criticized the Federal Reserve, saying it was manipulating the economy. "We do not work on a free-market principle, we do not have sound money, it's all ...
This animated map shows how radically a high-speed train system would improve travel in the US
Post Date: 2016-12-16 11:28:49 by Willie Green
35 Comments
The US's railroad network is made up of around 140,000 miles of track, but many of our trains are slow and outdated. Over the last couple of decades, countries like China, Japan, the UK, and France have made large investments in high-speed rail, and some groups in the US are urging that we do the same. Here's what a high-speed rail network could look like in the US.
Toyota issues layoff notices for final 650 jobs in Northern Kentucky
Post Date: 2016-12-15 07:43:34 by U don't know me
0 Comments
Toyota issues layoff notices for final 650 jobs in Northern Kentucky Dec 13, 2016, 4:56pm EST DBJ Staff Toyota has issued layoff notices for the final 650 jobs in Northern Kentucky, closing the book on what was once the North American manufacturing headquarters for the auto giant. Toyota (NYSE: TM) had previously said it would close its Toyota Motor Engineering & Manufacturing headquarters in Erlanger, Ky., and move the operations to Plano, Texas. The facility had upwards of 2,000 jobs there at one point. Toyota has issued layoff notices for the final 650 jobs in Northern Kentucky, closing the book on what was once the North American manufacturing headquarters for the auto giant. ...
Hennepin County Board approves plan to cut jobs at hospital
Post Date: 2016-12-15 07:33:22 by U don't know me
0 Comments
Hennepin County Board approves plan to cut jobs at hospital Associated Press , KARE 9:19 AM. CST December 14, 2016 MINNEAPOLIS - The Hennepin County Board of Commissioners has approved a budget that will mean job cuts at Hennepin County Medical Center in downtown Minneapolis. The facility is planning to reduce its workforce by as much as 4 percent next year. The elimination of up to 275 full-time positions is aimed at balancing the hospital's budget and keeping the opening of a new ambulatory and outpatient surgery center on schedule for 2018. One longtime patient worries about the impact to patients. Commissioners rejected Peter Zeftel's request for public hearings. Hospital ...
Layoffs, research cutbacks on the table as MD Anderson moves to improve its financial health
Post Date: 2016-12-15 07:29:13 by U don't know me
0 Comments
Layoffs, research cutbacks on the table as MD Anderson moves to improve its financial health By Mike Hixenbaugh December 14, 2016 Updated: December 14, 2016 10:59pm MD Anderson Cancer Center officials are taking urgent steps, including the possibility of layoffs, to cut expenses and boost revenues after three straight months of operating losses caused a deficit of more than $111 million in the first quarter of the 2017 fiscal year.
Sears to lay off 325 workers in High Point
Post Date: 2016-12-15 07:21:28 by U don't know me
0 Comments
Elizabeth Fleischer North Carolina Business News Wire HIGH POINT – Sears Holdings will be closing its call center facility in High Point and laying off 325 workers starting in January 2017, according to a notice filed to the state Commerce Department. The layoff’s at Sears Holdings’ 921 Eastchester Dr. location will begin on Jan. 2 and be completed by Feb. 10. The facility will permanently close on Feb. 24, according to a Worker Adjustment and Retraining Notification Act (WARN) notice, which companies must file when they make mass layoffs. Among the positions being eliminated are 89 telephone sales advisors, 142 total protection agreement advisors, 21 resolution ...
In Unprecedented Move, Dallas Pension System Suspends Withdrawals
Post Date: 2016-12-10 08:41:27 by U don't know me
1 Comments
In Unprecedented Move, Dallas Pension System Suspends Withdrawals: http://www.zerohedge.com/news/2016-12-08/dallas-police-pension-finally-ends-run-bank-halting-withdrawals
A 6 Step Plan for Trump to Make Our Money Great Again
Post Date: 2016-12-02 14:00:13 by Hondo68
4 Comments
Donald Trump will be sworn in as the 45th president of the United States in January. Americans will then find out then if "Make America Great Again" is more than a campaign slogan. It isn't going to be easy. On day one, he will inherit a $20 trillion federal deficit and a moribund economy increasingly reliant on low interest rates and central bank stimulus. There are plenty of economic problems to address, but the lack of sound money lies at the heart of them all. The Federal Reserve Note -- a privately issued, un-backed debt instrument that supplanted our gold and silver backed U.S. dollar -- has lost more than 90% of its purchasing power since Nixon severed the final link ...
6 million Americans have stopped paying their car loans, and it's becoming a 'significant concern'
Post Date: 2016-12-01 21:41:47 by U don't know me
11 Comments
6 million Americans have stopped paying their car loans, and it's becoming a 'significant concern' Matt Turner Nov. 30, 2016, 11:00 AM There is a lot of talk out there about the auto-loan market right now. Hedge fund manager Jim Chanos has said the auto-lending market should "scare the heck out of everybody," while the auto-lending practices of some used-car dealerships has been given the John Oliver treatment on TV. It's a topic we've been paying attention to as well. In a presentation in September at the Barclays Financial Services Conference, Gordon Smith, the chief executive for consumer and community banking at JPMorgan, set out some eye-opening ...
Dollar General misses profit and sales forecasts
Post Date: 2016-12-01 21:26:51 by U don't know me
1 Comments
Dollar General misses profit and sales forecasts By Joshua Jamerson Published: Dec 1, 2016 8:26 a.m. ET Dollar General Corp. reported another disappointing quarter of same-store sales and posted lower-than-expected earnings as the dollar store again blamed results on reductions in food-stamp benefits. Shares, which have climbed 18% in the past 12 months, skidded 6.9% to $71.98 in premarket trading. Dollar General Chief Executive Todd Vasos said the company is trying to boost performance by cutting prices to boost store traffic, with some promising early results, though he warned that a full benefit to same-store sales "will not be immediate." He said headwinds due to changes ...
Will the 'Trump train' lead to more passenger trains in Alabama?
Post Date: 2016-11-14 09:23:32 by Willie Green
4 Comments
Alabama passenger rail supporters hope that the phrase "Trump train" is more than a metaphor. They'll be pressing the new administration to bring back actual trains to the state, particularly the Gulf Coast. In their number is Perry Hooper, a former state representative from Montgomery who was Alabama's co-chairman for the Trump campaign. "It's a great form of transportation and people love to ride on trains, like my mother and friends that I have," said Hooper, who's also an advocate for privatized passenger rail. "From both a fun and economic development standpoint, it would be outstanding to have. I'm confident Donald J. Trump will make that ...
The restaurant owner who’s ditching tips says she’s already lost servers over new policy
Post Date: 2016-10-28 09:39:13 by misterwhite
6 Comments
Cara Stadler says she just wants to do the right thing. On Tuesday, the owner of Portland’s Bao Bao Dumpling House and Tao Yuan in Brunswick announced her plan to jettison tips, pay all servers $15 an hour and tack on an 18 percent surcharge on checks. “Tips is such an arcane system. It just doesn’t make sense,” she said. Her motive, she says, is to “create stability in the workplace, because there is a disparity in pay.” Though servers make a paltry $3.75 an hour, with gratuity a waiter/waitress at Tao Yuan can easily pull down “$30 to 40 an hour,” she said. “In some cases a server is making more than the cooks, the bartenders and even ...
Business among Salt Lake City’s homeless: corpses, tents and maybe a store exodus
Post Date: 2016-10-25 14:15:43 by Willie Green
0 Comments
A dead man lay 10 feet from the door to Richard Thomas' shop.An employee of his electric motor company heard the gunshot that struck the suspected drug dealer in the neck, but Thomas didn't rush to see the crime scene. He couldn't stomach it. He continued working as police stepped around the corpse on the cold cement. And he tried to focus as they covered it in a white sheet.With yellow tape enveloping the entrance to Thomas Electric, his family business, Thomas allowed his mind to drift over the episode."What's worse than a murder?" he thought. The dead man died in a drug deal gone south, according to the police report, just a few blocks northwest of a downtown ...
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