Monday, January 28, 2013
World is right to worry about US debt
World is right to worry about US debt - FT.com
"For example, as its share of global gross domestic product shrinks from about 20 per cent today to as little as 10 per cent in five decades, should it try to continue to play the role of global policeman?
The US spends more than 4 per cent of GDP a year on defence, roughly twice the global average."
"For example, as its share of global gross domestic product shrinks from about 20 per cent today to as little as 10 per cent in five decades, should it try to continue to play the role of global policeman?
The US spends more than 4 per cent of GDP a year on defence, roughly twice the global average."
Big Labor is in big trouble
Big Labor is in big trouble | NetRight Daily
"The stunning drop in private sector labor union membership over the past ten years parallels organized labor’s decision to engage in massive political expenditures designed to elect supposed pro-labor candidates to office."
"The stunning drop in private sector labor union membership over the past ten years parallels organized labor’s decision to engage in massive political expenditures designed to elect supposed pro-labor candidates to office."
Fannie To Allow Walkaways by On-Time Borrowers: Mortgages
Fannie To Allow Walkaways by On-Time Borrowers: Mortgages - Bloomberg
Fannie Mae (FNMA) and Freddie Mac will let some borrowers who kept up payments as their homes lost value erase their debts by giving up the properties, helping Americans escape underwater loans while adding to losses at the mortgage giants bailed out with $190 billion of taxpayer money.
Non-delinquent borrowers with illness, job changes or other reasons they need to move will become eligible in March to apply for a so-called deed-in-lieu transaction that erases the shortfall between a property’s value and the size of its mortgage.
Beatles Tribute Band Invades Muskegon
Beatles Tribute Band Invades Muskegon
"The American Red Cross is pleased to welcome 1964: The Tribute to Muskegon on Friday, February 15, 2013.
The world’s best Beatles tribute band will take their audience on a fantastic trip back to the era of the rock legends who will live in our hearts forever.
This trip down memory lane (or is it Penny Lane?) will start at 8:00 p.m. at the Frauenthal Theater in downtown Muskegon.
Tickets are available at the Frauenthal Box Office or by telephone at 1-800-585-3737 or any Star Tickets Outlet or online at www.startickets.com. Tickets are $29.50."
"The American Red Cross is pleased to welcome 1964: The Tribute to Muskegon on Friday, February 15, 2013.
The world’s best Beatles tribute band will take their audience on a fantastic trip back to the era of the rock legends who will live in our hearts forever.
This trip down memory lane (or is it Penny Lane?) will start at 8:00 p.m. at the Frauenthal Theater in downtown Muskegon.
Tickets are available at the Frauenthal Box Office or by telephone at 1-800-585-3737 or any Star Tickets Outlet or online at www.startickets.com. Tickets are $29.50."
Right-To-Work Income Claims Proven Wrong
Right-To-Work Income Claims Proven Wrong [Michigan Capitol Confidential]
Scores of right-to-work critics ranging from politicians to economists have cited lower per-capita incomes in right-to-work states as why the new law is not good for Michigan.
However, not factoring in cost-of-living exposes a flaw in that analysis, said Mackinac Center for Public Policy Fiscal Analyst James Hohman.
Once that is considered, Hohman said the per-capita income is higher in right-to-work states than non-right-to-work states
Scores of right-to-work critics ranging from politicians to economists have cited lower per-capita incomes in right-to-work states as why the new law is not good for Michigan.
However, not factoring in cost-of-living exposes a flaw in that analysis, said Mackinac Center for Public Policy Fiscal Analyst James Hohman.
Once that is considered, Hohman said the per-capita income is higher in right-to-work states than non-right-to-work states
Sunday, January 27, 2013
Pakistani fertilizer firm to expand in U.S., but balks on controlling bomb materials
Pakistani fertilizer firm to expand in U.S., but balks on controlling bomb materials - Washington Times
"The Indiana Finance Authority has approved $1.27 billion in tax-exempt bonds for Midwest Fertilizer Corp. to build a nitrogenous fertilizer manufacturing plant in Posey County.
Midwest is a new startup company of the Fatima Group, a conglomerate headquartered in Lahore, Pakistan.
Fatima’s fertilizer components are used by terrorists in Pakistan and Afghanistan to build homemade bombs — the No. 1 killer of American service members in Afghanistan."
"The Indiana Finance Authority has approved $1.27 billion in tax-exempt bonds for Midwest Fertilizer Corp. to build a nitrogenous fertilizer manufacturing plant in Posey County.
Midwest is a new startup company of the Fatima Group, a conglomerate headquartered in Lahore, Pakistan.
Fatima’s fertilizer components are used by terrorists in Pakistan and Afghanistan to build homemade bombs — the No. 1 killer of American service members in Afghanistan."
If Hillary does not run, liberals will stage a massive draft movement for Elizabeth Warren
If Hillary does not run, liberals will stage a massive draft movement for Elizabeth Warren - The Hill's Pundits Blog
"In my last column I suggested that if she runs for president, which I believe is an 80 percent probability, Hillary Clinton would have a great chance to carry Texas and could well trigger a historical political realignment of Rooseveltian magnitude.
I now predict that if Hillary choses not to run in 2016, which is certainly possible, liberals will begin a gigantic movement to draft Sen. Elizabeth Warren (D-Mass.) to run for president on a platform that will offer a reformist program of the magnitude that Franklin Roosevelt proposed and implemented."
"In my last column I suggested that if she runs for president, which I believe is an 80 percent probability, Hillary Clinton would have a great chance to carry Texas and could well trigger a historical political realignment of Rooseveltian magnitude.
I now predict that if Hillary choses not to run in 2016, which is certainly possible, liberals will begin a gigantic movement to draft Sen. Elizabeth Warren (D-Mass.) to run for president on a platform that will offer a reformist program of the magnitude that Franklin Roosevelt proposed and implemented."
Global Warming Updates:
COMMON CENTS: Global Warming Updates:
"These Global Warming Updates or Global Warming Alerts are not for the faint of heart. "
"These Global Warming Updates or Global Warming Alerts are not for the faint of heart. "
Rick Haglund: Pressure to enact right-to-work laws mounting in almost every Great Lakes state
Rick Haglund: Pressure to enact right-to-work laws mounting in almost every Great Lakes state | MLive.com
"Even Ontario is engaged in a noisy debate over right to work, which outlaws labor contracts that require workers to pay union dues as a condition of employment."
"Even Ontario is engaged in a noisy debate over right to work, which outlaws labor contracts that require workers to pay union dues as a condition of employment."
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