World facing worst financial crisis in history, Bank of England Governor says - Telegraph
The world is facing the worst financial crisis since at least the 1930s “if not ever”, the Governor of the Bank of England said last night.
Friday, October 07, 2011
Thursday, October 06, 2011
Shortfall for State and Local Pension Systems Today: Over $4 Trillion
Shortfall for State and Local Pension Systems Today: Over $4 Trillion « Everything Finance
Together with the estimates of assets, these calculations imply an unfunded liability in October 2011 of $4.0 trillion.
Together with the estimates of assets, these calculations imply an unfunded liability in October 2011 of $4.0 trillion.
Democrats vs. Republicans: Stars they Won’t Pay to See; Movies They Hate and Love (Poll)
Democrats vs. Republicans: Stars they Won’t Pay to See; Movies They Hate and Love (Poll) - The Hollywood Reporter
overall, 35 percent of Republicans and 45 percent of Tea Partiers consider a celebrity's political position before paying to see their films, compared with 20 percent of Democrats.
overall, 35 percent of Republicans and 45 percent of Tea Partiers consider a celebrity's political position before paying to see their films, compared with 20 percent of Democrats.
Occupy Wall Street protesters post manifesto of 'demands'
PICKET: Occupy Wall Street protesters post manifesto of 'demands' - Washington Times
The "Occupy Wall Street" protesters have listed 13 proposed demands from their website.
The "Occupy Wall Street" protesters have listed 13 proposed demands from their website.
The Granholm World Fantasy Tour
Letters: The Granholm World Fantasy Tour MLive.com
So with all this as a backdrop, watching Granholm discuss job creation is tantamount to listening to eight-time married Mickey Rooney consult on the sanctity of marriage.
This is a GREAT LTE!
Read it all.
So with all this as a backdrop, watching Granholm discuss job creation is tantamount to listening to eight-time married Mickey Rooney consult on the sanctity of marriage.
This is a GREAT LTE!
Read it all.
Stanford Hospital Patient Data Breach Is Detailed
Stanford Hospital Patient Data Breach Is Detailed - NYTimes.com
Private medical data for nearly 20,000 emergency room patients at California’s prestigious Stanford Hospital were exposed to public view for nearly a year because a billing contractor’s marketing agent sent the electronic spreadsheet to a job prospect as part of a skills test, the hospital and contractors confirmed this week.
The applicant then sought help by unwittingly posting the confidential data on a tutoring Web site.
Private medical data for nearly 20,000 emergency room patients at California’s prestigious Stanford Hospital were exposed to public view for nearly a year because a billing contractor’s marketing agent sent the electronic spreadsheet to a job prospect as part of a skills test, the hospital and contractors confirmed this week.
The applicant then sought help by unwittingly posting the confidential data on a tutoring Web site.
Warren Buffett Act
Warren Buffett Act Steve Scalise Class Warfare The Daily Caller
Louisiana Republican Rep. Steve Scalise will introduce his own Warren Buffett-inspired legislation tonight, but this one has the support of conservatives like Grover Norquist.
Scalise’s “Warren Buffett Act of 2011” will instruct the IRS to provide a checkbox on Americans’ income tax forms so that those who feel they are not paying enough in taxes can easily and conveniently do so — without forcing an entire change in the tax code.
Louisiana Republican Rep. Steve Scalise will introduce his own Warren Buffett-inspired legislation tonight, but this one has the support of conservatives like Grover Norquist.
Scalise’s “Warren Buffett Act of 2011” will instruct the IRS to provide a checkbox on Americans’ income tax forms so that those who feel they are not paying enough in taxes can easily and conveniently do so — without forcing an entire change in the tax code.
Alabama official says tough immigration law leading to ‘self-deportation’
Alabama Immigration Law Self-Deportation Illegal Immigration The Daily Caller
Alabama official says tough immigration law leading to ‘self-deportation’
Alabama official says tough immigration law leading to ‘self-deportation’
U.S. stocks' massive "melt-up" fans investor fears
U.S. stocks' massive "melt-up" fans investor fears - Yahoo! News
"Program trading and algorithmic trading was the cause," said Donohue.
"We're seeing moves in a half hour that used to take weeks.
Obviously we were very oversold technically before, and essentially we had a 'melt-up' that was helped by the algo trading that just went off buying."
"Program trading and algorithmic trading was the cause," said Donohue.
"We're seeing moves in a half hour that used to take weeks.
Obviously we were very oversold technically before, and essentially we had a 'melt-up' that was helped by the algo trading that just went off buying."
Trimming TSA
Trimming TSA
Except with 67,000 employees, there's nothing little about it.
As does every federal bureaucracy, TSA has morphed into a large, entrenched agency that is, in some ways, worse than any other because it pretends to be answerable to no one.
Except with 67,000 employees, there's nothing little about it.
As does every federal bureaucracy, TSA has morphed into a large, entrenched agency that is, in some ways, worse than any other because it pretends to be answerable to no one.
Wednesday, October 05, 2011
Smith, Alvarez among highest-paid ADs - Big Ten Blog
Smith, Alvarez among highest-paid ADs - Big Ten Blog - ESPN
Here is how the Big Ten athletic directors whose salaries are known stack up against one another.
And this:
http://www.usatoday.com/sports/college/story/2011-10-18/athletic-director-salaries-cover/50671214/1
Here is how the Big Ten athletic directors whose salaries are known stack up against one another.
And this:
http://www.usatoday.com/sports/college/story/2011-10-18/athletic-director-salaries-cover/50671214/1
Watch this video!-National Right to Work Committee
National Right to Work Committee
A Citizen's Petition to: My U.S. Senators and Representative
Whereas: Every year militant union bosses deploy their thugs to target innocent men and women with threats, brass knuckles, knives and beatings in an attempt to send a simple message -- do what we want, or pay the price; and
Whereas: Because of the 1973 Enmons decision, union officials are exempt from federal prosecution -- as long as the campaign of violence they incite is in the name of "legitimate union objectives"; and
Whereas: Union violence is a crippling blow not only for innocent American workers targeted by union militants -- but for every American citizen; and
Whereas: Passage of the Freedom from Union Violence Act would close the loophole in federal law and finally allow authorities to prosecute union officials for inciting violence;
Therefore: I urge you to help hold union officials accountable for union violence by cosponsoring and seeking roll-call votes on the Freedom from Union Violence Act.
A Citizen's Petition to: My U.S. Senators and Representative
Whereas: Every year militant union bosses deploy their thugs to target innocent men and women with threats, brass knuckles, knives and beatings in an attempt to send a simple message -- do what we want, or pay the price; and
Whereas: Because of the 1973 Enmons decision, union officials are exempt from federal prosecution -- as long as the campaign of violence they incite is in the name of "legitimate union objectives"; and
Whereas: Union violence is a crippling blow not only for innocent American workers targeted by union militants -- but for every American citizen; and
Whereas: Passage of the Freedom from Union Violence Act would close the loophole in federal law and finally allow authorities to prosecute union officials for inciting violence;
Therefore: I urge you to help hold union officials accountable for union violence by cosponsoring and seeking roll-call votes on the Freedom from Union Violence Act.
ISD Denies Special Ed Services to Northern Michigan School District [Michigan Capitol Confidential]
ISD Denies Special Ed Services to Northern Michigan School District [Michigan Capitol Confidential]
ISD Denies Special Ed Services to Northern Michigan School DistrictDistrict tells federal court that it could provide special ed services for just 17 percent of what the intermediate school district is charging taxpayers
ISD Denies Special Ed Services to Northern Michigan School DistrictDistrict tells federal court that it could provide special ed services for just 17 percent of what the intermediate school district is charging taxpayers
How Generous Are Federal Employee Pensions?
How Generous Are Federal Employee Pensions? « The Enterprise Blog
USA Today reports that “retirement programs for former federal workers—civilian and military—are growing so fast they now face a multitrillion-dollar shortfall nearly as big as Social Security’s.”
USA Today’s figures include both pension and retiree health costs and are inclusive of military programs, so it is a broad figure.
Nevertheless, it raises an interesting question: how did retirement costs for a small segment of the population grow to rival Social Security, a program designed to cover nearly all Americans?
One big reason is that federal pension benefits are simply very generous relative to typical private sector plans.
USA Today reports that “retirement programs for former federal workers—civilian and military—are growing so fast they now face a multitrillion-dollar shortfall nearly as big as Social Security’s.”
USA Today’s figures include both pension and retiree health costs and are inclusive of military programs, so it is a broad figure.
Nevertheless, it raises an interesting question: how did retirement costs for a small segment of the population grow to rival Social Security, a program designed to cover nearly all Americans?
One big reason is that federal pension benefits are simply very generous relative to typical private sector plans.
Initiative at Muskegon Community College aims to boost student performance in developmental math
Initiative at Muskegon Community College aims to boost student performance in developmental math MLive.com
An experiment is unfolding inside J.B. Meeuwenberg's classroom at Muskegon Community College — and the result could drive how the college teaches developmental math for years to come.
Meeuwenberg is teaching a pilot class that combines two developmental math classes — Math 036 and Math 038 — which focus on topics ranging from decimals to pre-algebra — into one.
The class moves at an accelerated pace and carries a bigger workload, but he's confident the change will benefit students.
Instead of cheering, the media, parents and taxpayers should be screaming "what the heck happened during the 13 years of public paid, "free" education that allowed these young people to graduate without learning decimals and PRE-algebra!"
This ought to be an indictment of public education in Muskegon county.
Instead it will be used as a lever for more money from the taxpayers.
Will the madness EVER stop?!!!!
An experiment is unfolding inside J.B. Meeuwenberg's classroom at Muskegon Community College — and the result could drive how the college teaches developmental math for years to come.
Meeuwenberg is teaching a pilot class that combines two developmental math classes — Math 036 and Math 038 — which focus on topics ranging from decimals to pre-algebra — into one.
The class moves at an accelerated pace and carries a bigger workload, but he's confident the change will benefit students.
Instead of cheering, the media, parents and taxpayers should be screaming "what the heck happened during the 13 years of public paid, "free" education that allowed these young people to graduate without learning decimals and PRE-algebra!"
This ought to be an indictment of public education in Muskegon county.
Instead it will be used as a lever for more money from the taxpayers.
Will the madness EVER stop?!!!!
Univision Accused of Blackmailing Rubio
Univision Accused of Blackmailing Rubio « Commentary Magazine
Horrible. This has to be one of the worst ethical lapses someone could possibly commit in journalism.
If true, Univision will not – and should not – recover from this scandal without internal changes and a lot of contrition.
Based on the reports so far, the Republican candidates seem justified in skipping the debate.
And until Univision takes steps to investigate and deal with the accusations, other political figures and journalists might consider steering clear as well.
Remember, this is the #1 source of news for millions in our formerly English speaking country.
Horrible. This has to be one of the worst ethical lapses someone could possibly commit in journalism.
If true, Univision will not – and should not – recover from this scandal without internal changes and a lot of contrition.
Based on the reports so far, the Republican candidates seem justified in skipping the debate.
And until Univision takes steps to investigate and deal with the accusations, other political figures and journalists might consider steering clear as well.
Remember, this is the #1 source of news for millions in our formerly English speaking country.
Tuesday, October 04, 2011
Herman Cain rises, Rick Perry slides in new CBS News poll
Herman Cain rises, Rick Perry slides in new CBS News poll - Political Hotsheet - CBS News
Herman Cain has moved into a tie with Mitt Romney atop the field of Republican presidential candidates, according to a new CBS News poll, while Rick Perry has fallen 11 percentage points in just two weeks.
Herman Cain has moved into a tie with Mitt Romney atop the field of Republican presidential candidates, according to a new CBS News poll, while Rick Perry has fallen 11 percentage points in just two weeks.
Moore: The Rich Are Out Of Control, Kleptomaniacs, Sociopaths
Moore: The Rich Are Out Of Control, Kleptomaniacs, Sociopaths RealClearPolitics
Olbermann: "Kleptomania."
Moore: "They're kleptomaniacs, is what they are.
They're out of control.
I think there is some sort of sociopathic illness and they know what us to life in a kleptocracy.
Where the kleptomaniacs run the show.
But, oops!
There is this gem:
http://www.deadline.com/2011/02/he-redefines-the-term-greedy-michael-moore-sues-for-more-money-from-911-movie-when-he-already-received-19-8-million/
Olbermann: "Kleptomania."
Moore: "They're kleptomaniacs, is what they are.
They're out of control.
I think there is some sort of sociopathic illness and they know what us to life in a kleptocracy.
Where the kleptomaniacs run the show.
But, oops!
There is this gem:
http://www.deadline.com/2011/02/he-redefines-the-term-greedy-michael-moore-sues-for-more-money-from-911-movie-when-he-already-received-19-8-million/
Michelle Obama's Africa Vacation Cost More Than $432,142
Michelle Obama's Africa Vacation Cost More Than $432,142 - Washington Whispers (usnews.com)
First lady Michelle Obama's family trip to South Africa and Botswana in June cost taxpayers well over $424,000, according to new accounting based on Air Force manifests obtained by Judicial Watch, a taxpayer watchdog group.
Barry and his wife are simply trash with an unlimited credit card payed for by .....essentially the grandchildren and unborn of America.
For anyone in elective office to spend the way this woman and her husband spend is despicable!
In a monster recession kept alive by his own policies it ought to be criminal!
First lady Michelle Obama's family trip to South Africa and Botswana in June cost taxpayers well over $424,000, according to new accounting based on Air Force manifests obtained by Judicial Watch, a taxpayer watchdog group.
Barry and his wife are simply trash with an unlimited credit card payed for by .....essentially the grandchildren and unborn of America.
For anyone in elective office to spend the way this woman and her husband spend is despicable!
In a monster recession kept alive by his own policies it ought to be criminal!
A2 Schools’ Union Prez and Board Member Add Up Wrong Costs for Teachers
A2 Schools’ Union Prez and Board Member Add Up Wrong Costs for Teachers [Michigan Capitol Confidential]
Glenn Nelson, a member of the school board, and Brit Satchwell, president of the Ann Arbor Education Association, wrote a guest column for Heritage Newspapers, in which they stated the average cost of a teacher including benefits was $65,000 in an article criticizing Gov. Rick Snyder’s budget cuts.
But the average cost of a Michigan school teacher is about $94,195 while the average cost of an Ann Arbor Public School teacher increases to $102,657
Morons (or liars) leading the teacher's union hand picked board.
Glenn Nelson, a member of the school board, and Brit Satchwell, president of the Ann Arbor Education Association, wrote a guest column for Heritage Newspapers, in which they stated the average cost of a teacher including benefits was $65,000 in an article criticizing Gov. Rick Snyder’s budget cuts.
But the average cost of a Michigan school teacher is about $94,195 while the average cost of an Ann Arbor Public School teacher increases to $102,657
Morons (or liars) leading the teacher's union hand picked board.
Regular aspirin users at higher risk of sight problems, research suggests
Regular aspirin users at higher risk of sight problems, research suggests - Telegraph
While the study provided no evidence of a causal link between aspirin and the condition, experts are now examining whether a regular dose somehow exacerbates the disease.
More junk science from the MSM front pages.
While the study provided no evidence of a causal link between aspirin and the condition, experts are now examining whether a regular dose somehow exacerbates the disease.
More junk science from the MSM front pages.
Lake Worth takes first step toward $60 home assessment to pay for firefighter pensions
Lake Worth takes first step toward $60 home assessment to pay for firefighter pensions: If the fire assessment is approved as proposed, the city plans to use most of the $1.4 million raised to cover part of the cost of firefighter pensions, which cost the city $1.8 million this year.
Spiking Solyndra: Big Three Networks Barely Mention Burgeoning Scandal
Spiking Solyndra: Big Three Networks Barely Mention Burgeoning Scandal NewsBusters.org
Yet, as a search of Nexis shows, the networks have glanced over the Solyndra story with the Big Three networks running a total of just 8 total full stories, two anchor briefs and a couple of mentions on their evening and morning news shows, since the company declared bankruptcy in August.
Yet, as a search of Nexis shows, the networks have glanced over the Solyndra story with the Big Three networks running a total of just 8 total full stories, two anchor briefs and a couple of mentions on their evening and morning news shows, since the company declared bankruptcy in August.
Real Steel or Reel Steal? New Film Costs $4.26 Per Michigan Taxpayer
Real Steel or Reel Steal? New Film Costs $4.26 Per Michigan Taxpayer [Michigan Capitol Confidential]
The Hollywood big budget adaptation of Rock’em Sock’em Robots, Real Steel, hits theaters this Friday.
This is one of the many movies filmed in Michigan and supported by Michigan tax dollars through the state film incentive program, which unfairly singles out films for special grants from the taxpayer.
If you disagree with this incentive, feel free to ask for a $4.26 discount on your ticket for this movie — it’s approximately what the state spent on it per taxpayer
The Hollywood big budget adaptation of Rock’em Sock’em Robots, Real Steel, hits theaters this Friday.
This is one of the many movies filmed in Michigan and supported by Michigan tax dollars through the state film incentive program, which unfairly singles out films for special grants from the taxpayer.
If you disagree with this incentive, feel free to ask for a $4.26 discount on your ticket for this movie — it’s approximately what the state spent on it per taxpayer
NYT redefines Astroturf
NYT redefines Astroturf « Don Surber
Comparing the Tea Party movement with the Occupy Wall Street protests is like comparing patriotism with communism.
Comparing the Tea Party movement with the Occupy Wall Street protests is like comparing patriotism with communism.
Monday, October 03, 2011
» Shock Photos: Candidate Obama Appeared And Marched With New Black Panther Party in 2007
» Shock Photos: Candidate Obama Appeared And Marched With New Black Panther Party in 2007 - Big Government
In addition, the new images raise questions about the possible motives of the Obama administration in its infamous decision to drop the prosecution of the Panthers for voter intimidation.
In addition, the new images raise questions about the possible motives of the Obama administration in its infamous decision to drop the prosecution of the Panthers for voter intimidation.
Wake Up Tweet of the Day
Wake Up Tweet of the Day - Le·gal In·sur·rec·tion
Wake Up Tweet of the Day
Posted by William A. Jacobson Monday, October 3, 2011 at 4:29pm
25 46 #
OccupyWallStreet is organized agitprop designed to deflect attention from the Obama administration’s failings onto “Wall Street,” although many of the participants don’t understand how they are being used.
The Washington Post now is fully aboard Team Obama, doing its best to take down Rick Perry this week, next week someone else.
AxelPlouffe messaging is all class warfare all the time, and will be for the next 13 months.
And what are we doing?
Silly antics like day-long sniping at others who are on our side.
America Airlines: AMR Shares Plunge on Bankruptcy Talk
America Airlines: AMR Shares Plunge on Bankruptcy Talk - CNBC
A major airline trade group, The International Air Transport Association, said Monday that the industry may be headed for a downturn.
American Airlines is considered to be in the most vulnerable financial position of major U.S. carriers.
A major airline trade group, The International Air Transport Association, said Monday that the industry may be headed for a downturn.
American Airlines is considered to be in the most vulnerable financial position of major U.S. carriers.
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