Debt ceiling: Doomsday may come sooner than expected - POLITICO.com
Analysts from the Bipartisan Policy Center projected that the United States will hit its $16.4 trillion debt ceiling between late November 2012 and early January 2013 due to lower-than-expected corporate tax revenues and the recent extension of the payroll tax holiday
Saturday, February 25, 2012
St. Louis Fed President Says ‘Bad Luck’ Responsible for Economy
St. Louis Fed President Says ‘Bad Luck’ Responsible for Economy Washington Free Beacon
On CNBC Squawk Box:
JAMES BULLARD: The economy, I think 2011, you know, I think the chairman said maybe obliquely, but it’s a bit of bad luck in 2011, I have to say. I was expecting better things in 2011. I thought that that would be the year…
HOST: Bad luck for the economy?
BULLARD: Bad luck for the economy
On CNBC Squawk Box:
JAMES BULLARD: The economy, I think 2011, you know, I think the chairman said maybe obliquely, but it’s a bit of bad luck in 2011, I have to say. I was expecting better things in 2011. I thought that that would be the year…
HOST: Bad luck for the economy?
BULLARD: Bad luck for the economy
Democrats Are Praying for a Santorum Nomination
Dorothy Rabinowitz: Democrats Are Praying for a Santorum Nomination - WSJ.com
The Republicans have already provided President Obama with high-value gifts this election year, but none nearly as delectable as the prospect of a run against Mr. Santorum.
The Republicans have already provided President Obama with high-value gifts this election year, but none nearly as delectable as the prospect of a run against Mr. Santorum.
'Privilege of Being an American' Is Why Rich Need Higher Taxes
Geithner: 'Privilege of Being an American' Is Why Rich Need Higher Taxes The Weekly Standard
"That’s the kind of balance you need," said Geithner.
"Why is that the case?
Because if you don't try to generate more revenues through tax reform, if you don't ask, you know, the most fortunate Americans to bear a slightly larger burden of the privilege of being an American, then you have to -- the only way to achieve fiscal sustainability is through unacceptably deep cuts in benefits for middle class seniors, or unacceptably deep cuts in national security."
"That’s the kind of balance you need," said Geithner.
"Why is that the case?
Because if you don't try to generate more revenues through tax reform, if you don't ask, you know, the most fortunate Americans to bear a slightly larger burden of the privilege of being an American, then you have to -- the only way to achieve fiscal sustainability is through unacceptably deep cuts in benefits for middle class seniors, or unacceptably deep cuts in national security."
‘Lunch-In’ Protests Crackdown on Homemade Lunches
‘Lunch-In’ Protests Crackdown on Homemade Lunches The Weekly Standard
The location of today’s protest “lunch-in,” Freedom Plaza, is on land owned by the federal government, under the management of the National Park Service.
The location of today’s protest “lunch-in,” Freedom Plaza, is on land owned by the federal government, under the management of the National Park Service.
Who Will Be The Next Ron Paul?
Who Will Be The Next Ron Paul? - Reason Magazine
As Dr. No retires, here are three House members who might claim his libertarian mantle.
.......1.) Rep. Justin Amash (R-Mich.)
As Dr. No retires, here are three House members who might claim his libertarian mantle.
.......1.) Rep. Justin Amash (R-Mich.)
Friday, February 24, 2012
Police Called As Fights Break Out Before Release Of New Nike Sneaker In Florida
Police Called As Fights Break Out Before Release Of New Nike Sneaker In Florida Fox News
The shoes cost $220 and on Craigslist, someone offered a car -- a 1996 Cavalier -- for a pair, with others prepared to pay $2400.
A re-release by Nike of Air Jordan XI late last year sparked a U.S.-wide shopping frenzy which led to fights, vandalism and arrests as desperate shoppers scrambled to buy the limited edition shoes.
The shoes cost $220 and on Craigslist, someone offered a car -- a 1996 Cavalier -- for a pair, with others prepared to pay $2400.
A re-release by Nike of Air Jordan XI late last year sparked a U.S.-wide shopping frenzy which led to fights, vandalism and arrests as desperate shoppers scrambled to buy the limited edition shoes.
GOP-Dominated Senate To SEIU
GOP-Dominated Senate To SEIU: 'Here's $4 Million' [Michigan Capitol Confidential]
Last June, the House passed legislation (House Bill 4003)that would outlaw the “skim.”
But so far the Senate has refused to pass themeasure.
WHO do we recall?!!!!!!
Last June, the House passed legislation (House Bill 4003)that would outlaw the “skim.”
But so far the Senate has refused to pass themeasure.
WHO do we recall?!!!!!!
Government, big data pose bigger 'Net threat than criminals
Schneier: government, big data pose bigger 'Net threat than criminals
Unlike the security risks posed by criminals, the threat from government regulation and data hoarders such as Apple and Google are more insidious because they threaten to alter the fabric of the Internet itself.
They're also different from traditional Internet threats because the perpetrators are shielded in a cloak of legitimacy.
As a result, many people don't recognize that their personal information or fortunes are more susceptible to these new forces than they ever were to the Russian Business Network or other Internet gangsters.
Unlike the security risks posed by criminals, the threat from government regulation and data hoarders such as Apple and Google are more insidious because they threaten to alter the fabric of the Internet itself.
They're also different from traditional Internet threats because the perpetrators are shielded in a cloak of legitimacy.
As a result, many people don't recognize that their personal information or fortunes are more susceptible to these new forces than they ever were to the Russian Business Network or other Internet gangsters.
Thursday, February 23, 2012
You'll know Illinois Gov. Pat Quinn is serious if ...
You'll know Illinois Gov. Pat Quinn is serious if ... - chicagotribune.com
Illinois has nearly $200 billion in debts and unfunded obligations and is hopelessly behind in paying its bills.
No state is in more dire shape.
Illinois has nearly $200 billion in debts and unfunded obligations and is hopelessly behind in paying its bills.
No state is in more dire shape.
How Waiters Read Your Table
How Waiters Read Your Table - WSJ.com
Restaurants Train Servers to Judge Diners, Make Service More Personal; Nixing 'Hello, My Name Is…'
Restaurants Train Servers to Judge Diners, Make Service More Personal; Nixing 'Hello, My Name Is…'
Wednesday, February 22, 2012
Chart: Nearly Half of All Americans Don't Pay Income Taxes
Chart: Nearly Half of All Americans Don't Pay Income Taxes
This year’s Index of Dependence on Government presented startling findings about the sharp increase of Americans who rely on the federal government for housing, food, income, student aid or other assistance
This year’s Index of Dependence on Government presented startling findings about the sharp increase of Americans who rely on the federal government for housing, food, income, student aid or other assistance
Hallucination: Obama wants 80% of energy from ‘clean’ sources by 2035
Hallucination: Obama wants 80% of energy from ‘clean’ sources by 2035 JunkScience.com
President Obama’s business tax reform plan released today says:
...................Cleaner energy will play a crucial role in slowing global climate change, meeting the President’s goal of producing 80 percent of our nation’s electricity from clean sources by 2035…
Obama plans to accomplish this goal as follows:
Insanity?
President Obama’s business tax reform plan released today says:
...................Cleaner energy will play a crucial role in slowing global climate change, meeting the President’s goal of producing 80 percent of our nation’s electricity from clean sources by 2035…
Obama plans to accomplish this goal as follows:
Insanity?
THE TWEET OF THE DAY
THE TWEET OF THE DAY:
FROM JAMES TARANTO, THE TWEET OF THE DAY:
Weird religion: Satan is against America. Normal religion: “God damn America.”
FROM JAMES TARANTO, THE TWEET OF THE DAY:
Weird religion: Satan is against America. Normal religion: “God damn America.”
Tuesday, February 21, 2012
CARPE DIEM: First the Dutch Pull the Plug on Wind Subsidies, Now Germany Throws in Towel on Solar Subsidies
CARPE DIEM: First the Dutch Pull the Plug on Wind Subsidies, Now Germany Throws in Towel on Solar Subsidies
"One of the world’s biggest green-energy public-policy experiments is coming to a bitter end in Germany, with important lessons for policymakers elsewhere.
"One of the world’s biggest green-energy public-policy experiments is coming to a bitter end in Germany, with important lessons for policymakers elsewhere.
Unemployment Rate Not as Rosy as it Appears
Unemployment Rate Not as Rosy as it Appears [Michigan Capitol Confidential]
But a big reason for the state’s rosier outlook is a large drop in the state’s labor force, something University of Michigan economist Don Grimes calls “one of the least understood results” of the economic recovery.
Michigan’s workforce has dropped from 5.1 million in January 2006 to 4.6 million in December 2011.
Michigan added 13,000 jobs in December of 2011, but the labor force decreased by 11,705 jobs.
But a big reason for the state’s rosier outlook is a large drop in the state’s labor force, something University of Michigan economist Don Grimes calls “one of the least understood results” of the economic recovery.
Michigan’s workforce has dropped from 5.1 million in January 2006 to 4.6 million in December 2011.
Michigan added 13,000 jobs in December of 2011, but the labor force decreased by 11,705 jobs.
Sunday, February 19, 2012
Rick Santorum here in Muskegon Monday!
Holiday Inn-Downtown Muskegon
3:00PM
Everyone invited.
Be there!
I will.
3:00PM
Everyone invited.
Be there!
I will.
The threat from Iran grows ever graver
The threat from Iran grows ever graver - Telegraph
As William Hague, the Foreign Secretary, warns in his interview with this newspaper today, any such decision on the part of the regime would trigger a “new Cold War in the Middle East without, necessarily, all the safety mechanisms”.
As William Hague, the Foreign Secretary, warns in his interview with this newspaper today, any such decision on the part of the regime would trigger a “new Cold War in the Middle East without, necessarily, all the safety mechanisms”.
The threat from Iran grows ever graver
The threat from Iran grows ever graver - Telegraph
As William Hague, the Foreign Secretary, warns in his interview with this newspaper today, any such decision on the part of the regime would trigger a “new Cold War in the Middle East without, necessarily, all the safety mechanisms”.
As William Hague, the Foreign Secretary, warns in his interview with this newspaper today, any such decision on the part of the regime would trigger a “new Cold War in the Middle East without, necessarily, all the safety mechanisms”.
Tax-Raising Rick Snyder ‘Positively’ Imperils Michigan’s Recovery
PJ Media » Tax-Raising Rick Snyder ‘Positively’ Imperils Michigan’s Recovery
The state still has a long, long way to go, which makes it absolutely appalling that the big agenda item right now in Lansing is how to raise gas taxes and vehicle registration fees in a “bipartisan,” politically survivable way.
The state still has a long, long way to go, which makes it absolutely appalling that the big agenda item right now in Lansing is how to raise gas taxes and vehicle registration fees in a “bipartisan,” politically survivable way.
Muskegon County concerned about governor's incentive-based funding proposal
Muskegon County concerned about governor's incentive-based funding proposal MLive.com
“I’m not in favor of an incentive-based system because it’s subjective, so there’s a chance we won’t receive the money we were promised,” Hammersley said.
“I’m not in favor of an incentive-based system because it’s subjective, so there’s a chance we won’t receive the money we were promised,” Hammersley said.
Hit or miss: Quick opinions about newsmakers and events | MLive.com
Hit or miss: Quick opinions about newsmakers and events MLive.com: A brief Editorial Board look at the recent actions of Muskegon area newsmakers and events:
HIT
• Love Muskegon: We all love our home community, but many of us get bogged down in the challenges the community faces instead of embracing what's fantastic about living here. Now you can download a logo that will remind you every day. Sure it's a little thing, but one small step can launch a giant leap for our community. Check out www.LoveMuskegon.com.
• Muskegon City Commission diversity push: City commissioners have made expanding the diversity of the city police force and all city staff one of their top five goals. They're going to have their work cut out for them. Changing the city's civil service system, which has been defeated at the polls nine times, is not going to be easy. Commissioners better brush up on their arguments now. And it wouldn't hurt to try to generate quality police academy applicants from among area high school and college students. Maybe an internship like Muskegon Heights just implemented or adapting the Citizens Academy to young people would be a place to start.
• Global Awareness Festival: Muskegon Community College's emphasis on the Middle East at this year's event couldn't come at a better time. It will help area residents sort out the 2011 Arab Spring and what it means for the U.S. Events continue through Thursday featuring lectures, documentaries, seminars and an art exhibit. Best part: You don't have to be a student to attend.
HIT
• Love Muskegon: We all love our home community, but many of us get bogged down in the challenges the community faces instead of embracing what's fantastic about living here. Now you can download a logo that will remind you every day. Sure it's a little thing, but one small step can launch a giant leap for our community. Check out www.LoveMuskegon.com.
• Muskegon City Commission diversity push: City commissioners have made expanding the diversity of the city police force and all city staff one of their top five goals. They're going to have their work cut out for them. Changing the city's civil service system, which has been defeated at the polls nine times, is not going to be easy. Commissioners better brush up on their arguments now. And it wouldn't hurt to try to generate quality police academy applicants from among area high school and college students. Maybe an internship like Muskegon Heights just implemented or adapting the Citizens Academy to young people would be a place to start.
• Global Awareness Festival: Muskegon Community College's emphasis on the Middle East at this year's event couldn't come at a better time. It will help area residents sort out the 2011 Arab Spring and what it means for the U.S. Events continue through Thursday featuring lectures, documentaries, seminars and an art exhibit. Best part: You don't have to be a student to attend.
Muskegon County takes step toward bus service for rural areas
Muskegon County takes step toward bus service for rural areas MLive.comThe grant would cover 100 percent of the capital costs.
County officials said the operation expenses for the proposed rural service would be eligible for federal and state assistance programs.
County officials said the operation expenses for the proposed rural service would be eligible for federal and state assistance programs.
Controversial wood-to-ethanol plant may finally get under way in Upper Peninsula
Controversial wood-to-ethanol plant may finally get under way in Upper Peninsula Detroit Free Press freep.com
After a lengthy delay, construction of what could be the nation's first large-scale wood-to-ethanol plant in the country is to start this year in Michigan's eastern Upper Peninsula.
If successful, the $232-million biorefinery in Kinross Charter Township would transform the production of ethanol and spawn dozens of other facilities like it.
It sounds like something out of science fiction: create 20 million gallons of ethanol each year by combining bugs with half a million tons of wood chips.
That's the premise behind the ethanol plant.
It's one of a number of projects around the country that are racing to become the first to produce large quantities of ethanol from non-food materials, such as trees, garbage and algae
After a lengthy delay, construction of what could be the nation's first large-scale wood-to-ethanol plant in the country is to start this year in Michigan's eastern Upper Peninsula.
If successful, the $232-million biorefinery in Kinross Charter Township would transform the production of ethanol and spawn dozens of other facilities like it.
It sounds like something out of science fiction: create 20 million gallons of ethanol each year by combining bugs with half a million tons of wood chips.
That's the premise behind the ethanol plant.
It's one of a number of projects around the country that are racing to become the first to produce large quantities of ethanol from non-food materials, such as trees, garbage and algae
Saturday, February 18, 2012
Friday, February 17, 2012
MI5 files: Was Chaplin really a Frenchman and called Thornstein?
MI5 files: Was Chaplin really a Frenchman and called Thornstein? - Telegraph
MI5 investigated whether Charlie Chaplin was actually a Frenchman called Israel Thornstein, previously secret files on the Hollywood film star have revealed.
MI5 investigated whether Charlie Chaplin was actually a Frenchman called Israel Thornstein, previously secret files on the Hollywood film star have revealed.
Slow walking 'predicts dementia'
BBC News - Slow walking 'predicts dementia'
They also told a conference that grip strength in middle-age was linked to the chance of a stroke.
They also told a conference that grip strength in middle-age was linked to the chance of a stroke.
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