Sunday, March 24, 2013
Saturday, March 23, 2013
Cyprus Depositor Haircut: 25% Off the Top for the Rich
The PJ Tatler » Cyprus Depositor Haircut: 25% Off the Top for the Rich:
"He confirmed discussions were centered on a possible levy of around 25 percent on holdings of over 100,000 euros at Bank of Cyprus, and expressed hope that a package could be ready by the end of the day for approval by parliament.
Cyprus faces a Monday deadline to clinch a bailout deal with the EU or the European Central Bank says it will cut off emergency cash to the island’s over-sized and stricken banks, spelling certain collapse and a potential exit from Europe’s single currency."
"He confirmed discussions were centered on a possible levy of around 25 percent on holdings of over 100,000 euros at Bank of Cyprus, and expressed hope that a package could be ready by the end of the day for approval by parliament.
Cyprus faces a Monday deadline to clinch a bailout deal with the EU or the European Central Bank says it will cut off emergency cash to the island’s over-sized and stricken banks, spelling certain collapse and a potential exit from Europe’s single currency."
Rep. Levin: GOP 'extremism' halting budget process
Rep. Levin: GOP 'extremism' halting budget process - Washington Times:
"The top Democrat on the House Ways and Means Committee blames the budget impasse on a “radicalized” Republican Party that refuses to compromise.
“The distance [between the parties] has really widened dramatically, and it’s hard to know how to deal with [Republican] extremism,” Rep. Sander Levin of Michigan told MSNBC Friday.
“It doesn’t provide a basis for compromise.”
Mr. Levin said the level and productiveness of talks between Republicans and Democrats have never been worse during his 26 years on the powerful tax-writing panel.
“It’s really disturbing,” he said.
“The extremism that has captured the Republicans in the House I think creates a gap that I think is very difficult to bridge. [But] we have to try.”
"The top Democrat on the House Ways and Means Committee blames the budget impasse on a “radicalized” Republican Party that refuses to compromise.
“The distance [between the parties] has really widened dramatically, and it’s hard to know how to deal with [Republican] extremism,” Rep. Sander Levin of Michigan told MSNBC Friday.
“It doesn’t provide a basis for compromise.”
Mr. Levin said the level and productiveness of talks between Republicans and Democrats have never been worse during his 26 years on the powerful tax-writing panel.
“It’s really disturbing,” he said.
“The extremism that has captured the Republicans in the House I think creates a gap that I think is very difficult to bridge. [But] we have to try.”
Health Insurers Warn on Premiums
Health Insurers Warn on Premiums - WSJ.com:
"Health insurers are privately warning brokers that premiums for many individuals and small businesses could increase sharply next year because of the health-care overhaul law, with the nation's biggest firm projecting that rates could more than double for some consumers buying their own plans."
"Health insurers are privately warning brokers that premiums for many individuals and small businesses could increase sharply next year because of the health-care overhaul law, with the nation's biggest firm projecting that rates could more than double for some consumers buying their own plans."
Senate passes Democratic budget plan
Senate passes Democratic budget plan | Detroit Free Press | freep.com:
"An exhausted Senate gave pre-dawn approval today to a Democratic $3.7 trillion budget for next year that embraces nearly $1 trillion in tax increases over the coming decade but shelters domestic programs targeted for cuts by House Republicans.
While their victory was by a razor-thin 50-49, the vote let Democrats tout their priorities.
.....The Democratic budget's $975 billion in new taxes would be matched by an equal amount of spending reductions coming chiefly from health programs, defense and reduced interest payments as deficits get smaller than previously anticipated.
This year's projected deficit of nearly $900 billion would fall to around $700 billion next year and bottom out near $400 billion in 2016 before trending upward again.
Shoehorned into the package is $100 billion for public works projects and other programs aimed at creating jobs."
"An exhausted Senate gave pre-dawn approval today to a Democratic $3.7 trillion budget for next year that embraces nearly $1 trillion in tax increases over the coming decade but shelters domestic programs targeted for cuts by House Republicans.
While their victory was by a razor-thin 50-49, the vote let Democrats tout their priorities.
.....The Democratic budget's $975 billion in new taxes would be matched by an equal amount of spending reductions coming chiefly from health programs, defense and reduced interest payments as deficits get smaller than previously anticipated.
This year's projected deficit of nearly $900 billion would fall to around $700 billion next year and bottom out near $400 billion in 2016 before trending upward again.
Shoehorned into the package is $100 billion for public works projects and other programs aimed at creating jobs."
Biden's One-Night Paris Hotel Tab: $585,000.50
Biden's One-Night Paris Hotel Tab: $585,000.50 | The Weekly Standard:
"As it turns out, Vice President Joe Biden's London stay in February was not the most expensive part of his trip. A government document released on February 14, 2013 shows that the contract for the Hotel Intercontinental Paris Le Grand came in at $585,000.50."
"As it turns out, Vice President Joe Biden's London stay in February was not the most expensive part of his trip. A government document released on February 14, 2013 shows that the contract for the Hotel Intercontinental Paris Le Grand came in at $585,000.50."
Motorcycle fatalities up 18% in 2012; total number of crashes down 4%
Motorcycle fatalities up 18% in 2012; total number of crashes down 4% - Michigan State Police | MLive.com: "Motorcycle fatalities in Michigan increased by 18 percent in 2012 while the total number of vehicle crashes decreased 4 percent, according to new traffic crash data released Monday by the Michigan Office of Highway Safety Planning (OHSP).
The 129 motorcycle deaths are part of the an overall increase in fatalities caused by crashes. The total number of fatalities increased 5 percent over 2011, from 889 to 936."
The 129 motorcycle deaths are part of the an overall increase in fatalities caused by crashes. The total number of fatalities increased 5 percent over 2011, from 889 to 936."
Michigan police heighten drunk driving enforcement during NCAA tournament
Michigan police heighten drunk driving enforcement during NCAA tournament | MLive.com:
"More than 155 agencies will have officers assigned to 13,200 hours of overtime to patrol for people driving while intoxicated.
The enforcement, which is funded by federal traffic safety money, began on March 13 and will continue through the end of the tournament."
"More than 155 agencies will have officers assigned to 13,200 hours of overtime to patrol for people driving while intoxicated.
The enforcement, which is funded by federal traffic safety money, began on March 13 and will continue through the end of the tournament."
U.S. Rep. Justin Amash reveals 3-legged stool of immigration reform in letter supporting Sen. Rand Paul
U.S. Rep. Justin Amash reveals 3-legged stool of immigration reform in letter supporting Sen. Rand Paul | MLive.com: "
"three-legged stool of systemic immigration reform." The legs are:
Border security, both the physical border and the "virtual" border of visa enforcement;
Expanding legal immigration to focus on encouraged highly-skilled workers educated in the United States to stay in the United States, expanding opportunities for entrepreneurs and allowing for migrant workers to support agriculture and tourism;
Addressing immigrants who came to the United States "knowingly and illegally - in a way that is best for all Americans."
"This means protecting the rights of those who are seeking and continue to seek to come here legally.
But it also may mean providing a legal status, upon certain conditions and that may not include full rights of citizenship, to people who are currently here," the letter stated."
"three-legged stool of systemic immigration reform." The legs are:
Border security, both the physical border and the "virtual" border of visa enforcement;
Expanding legal immigration to focus on encouraged highly-skilled workers educated in the United States to stay in the United States, expanding opportunities for entrepreneurs and allowing for migrant workers to support agriculture and tourism;
Addressing immigrants who came to the United States "knowingly and illegally - in a way that is best for all Americans."
"This means protecting the rights of those who are seeking and continue to seek to come here legally.
But it also may mean providing a legal status, upon certain conditions and that may not include full rights of citizenship, to people who are currently here," the letter stated."
I-69 freeway signs to get $3 million upgrade in Genesee, Lapeer counties
I-69 freeway signs to get $3 million upgrade in Genesee, Lapeer counties | MLive.com:
"The state is spending $3 million to change signs along eastbound Interstate 69 in Genesee and Lapeer counties.
The Michigan Department of Transportation released a statement, announcing crews will be setting up traffic control starting Monday, March 25, to place the new signs on the freeway.
Shoulder closures will take place in east and west directions of I-69 and lane closures could be required, according to the statement.
Electronic message boards on Interstate 75 and I-69 are being used to inform motorists of the work that will take place."
"The state is spending $3 million to change signs along eastbound Interstate 69 in Genesee and Lapeer counties.
The Michigan Department of Transportation released a statement, announcing crews will be setting up traffic control starting Monday, March 25, to place the new signs on the freeway.
Shoulder closures will take place in east and west directions of I-69 and lane closures could be required, according to the statement.
Electronic message boards on Interstate 75 and I-69 are being used to inform motorists of the work that will take place."
Who'll Check the Checkers?
Best of the Web Today: Revenge of the Nerds - WSJ.com:
"If it's opened up to all prospective sellers of guns--that is, to everybody--what's to prevent someone from abusing it, say by requesting a background check on Greg Sargent, who presumably has no interest in acquiring a gun?
The system only gives a yes-or-no answer as to whether the putative buyer is eligible to own firearms under federal law.
But if you're looking to dig up dirt on someone, a "no" answer on a firearms background check would give you a nice clump of it."
"If it's opened up to all prospective sellers of guns--that is, to everybody--what's to prevent someone from abusing it, say by requesting a background check on Greg Sargent, who presumably has no interest in acquiring a gun?
The system only gives a yes-or-no answer as to whether the putative buyer is eligible to own firearms under federal law.
But if you're looking to dig up dirt on someone, a "no" answer on a firearms background check would give you a nice clump of it."
Friday, March 22, 2013
Fan Base on Web Tips Scale to Fallon From Leno
Fan Base on Web Tips Scale to Fallon From Leno - WSJ.com:
"Messrs. Kimmel and Fallon also have built big social-media-followings.
Mr. Fallon has more than eight million followers on Twitter, for example, whereas Mr. Leno does not have a personal twitter account.
The Tonight Show's Twitter account has just over half a million followers."
"Messrs. Kimmel and Fallon also have built big social-media-followings.
Mr. Fallon has more than eight million followers on Twitter, for example, whereas Mr. Leno does not have a personal twitter account.
The Tonight Show's Twitter account has just over half a million followers."
Comcast Cable Bans All Firearm, Ammunition Advertisers
Comcast Cable Bans All Firearm, Ammunition Advertisers:
"This decision comes after Comcast has been running ads for some gun and hunting groups for decades."
"This decision comes after Comcast has been running ads for some gun and hunting groups for decades."
Teacher pension problems catch lawmakers' attention
Teacher pension problems catch lawmakers' attention - latimes.com:
"The teachers pension fund had an unfunded liability of $73 billion as of June 2012, an increase from $64.5 billion the year before. "
"The teachers pension fund had an unfunded liability of $73 billion as of June 2012, an increase from $64.5 billion the year before. "
FAU Student Claims He Was Suspended For Refusing To Step On Jesus
FAU Student Claims He Was Suspended For Refusing To Step On Jesus « CBS Miami:
"Rotella said he voiced his concerns to his teacher’s supervisor and later learned he was suspended from the class."
"Rotella said he voiced his concerns to his teacher’s supervisor and later learned he was suspended from the class."
Pelosi: ‘I Don’t Want Anybody to Lose’ in March Madness Tourney
Pelosi: ‘I Don’t Want Anybody to Lose’ in March Madness Tourney - By Andrew Johnson - The Corner - National Review Online:
"Sports fans across the country have filled out their March Madness brackets.
But not Nancy Pelosi: She’s no fan of the whole winner-loser part of sports.
The NCAA tournament may be the pinnacle of collegiate athletic competition, but Pelosi told reporters today that though she is “March mad” and “addicted to basketball,” she doesn’t “want anybody to lose” and is “just rooting for everybody.”"
"Sports fans across the country have filled out their March Madness brackets.
But not Nancy Pelosi: She’s no fan of the whole winner-loser part of sports.
The NCAA tournament may be the pinnacle of collegiate athletic competition, but Pelosi told reporters today that though she is “March mad” and “addicted to basketball,” she doesn’t “want anybody to lose” and is “just rooting for everybody.”"
Nine Percent of Yale Students Surveyed Say They’ve Accepted Money for Sex
Nine Percent of Yale Students Surveyed Say They’ve Accepted Money for Sex:
"Nine percent of Yale University students who participated in a recent survey on sexual behavior reported having been paid for sex at least once.
Three percent said they had participated in bestiality, and more than half said they had “engaged in consensual pain” during sex."
"Nine percent of Yale University students who participated in a recent survey on sexual behavior reported having been paid for sex at least once.
Three percent said they had participated in bestiality, and more than half said they had “engaged in consensual pain” during sex."
Study: Michigan will need more college graduates to remedy skills shortage
Study: Michigan will need more college graduates to remedy skills shortage | Crain's Detroit Business: "Michigan businesses are facing a shortage of applicants with the right experience and skills, and the state faces long-term challenges to produce enough educated workers, according to a study to be released Thursday by Business Leaders for Michigan."
House approves budget bill that can lead to forgiveness of Katrina disaster loans
House approves budget bill that can lead to forgiveness of Katrina disaster loans | NOLA.com:
"The House gave final congressional approval Thursday (March 21) to a spending bill that could lead to forgiveness of outstanding federal disaster loans from Hurricanes Katrina and Rita for Metro New Orleans school districts, government offices and law enforcement agencies.
Nearly, $500 million in loans are outstanding in Louisiana communities.
The bill passed 318-109."
"The House gave final congressional approval Thursday (March 21) to a spending bill that could lead to forgiveness of outstanding federal disaster loans from Hurricanes Katrina and Rita for Metro New Orleans school districts, government offices and law enforcement agencies.
Nearly, $500 million in loans are outstanding in Louisiana communities.
The bill passed 318-109."
U.S. Student Punished For Refusing to Recite Mexican Pledge
U.S. Student Punished For Refusing to Recite Mexican Pledge:
"A Texas high school student was allegedly punished for refusing to salute and recite the Mexican pledge. Ironically, the girl has an American father and Mexican mother.
Yet, as a U.S. citizen, she felt uncomfortable reciting the Mexican pledge.
Now she is suing her high school, claiming she was wrongfully compelled to recite the pledge, in violation of her free speech rights."
"A Texas high school student was allegedly punished for refusing to salute and recite the Mexican pledge. Ironically, the girl has an American father and Mexican mother.
Yet, as a U.S. citizen, she felt uncomfortable reciting the Mexican pledge.
Now she is suing her high school, claiming she was wrongfully compelled to recite the pledge, in violation of her free speech rights."
Diners shun restaurants as payroll tax hike hits
Diners shun restaurants as payroll tax hike hits:
"LONGEST SALES DECLINE IN ALMOST THREE YEARS; 'PRETTY UGLY' FOR CHAINS"
"LONGEST SALES DECLINE IN ALMOST THREE YEARS; 'PRETTY UGLY' FOR CHAINS"
Wind vs. Nuclear Energy in the UK: A Question of Scale
Wind vs. Nuclear Energy in the UK: A Question of Scale | The Energy Collective:
"So, if we wanted to scale this up to provide as much power as Hinkley C then we would need a wind farm covering about 1,200 square kilometres, which is just a bit less than the area of Greater London."
"So, if we wanted to scale this up to provide as much power as Hinkley C then we would need a wind farm covering about 1,200 square kilometres, which is just a bit less than the area of Greater London."
Think Ethanol is Evironmentally Friendly? Think Again.:
Think Ethanol is Evironmentally Friendly? Think Again.: Newsroom: The Independent Institute:
The roots of this looming environmental disaster can’t be traced to the boardrooms of ethanol manufacturers or to the headquarters of the farm lobby.
The culprit is Washington.
The roots of this looming environmental disaster can’t be traced to the boardrooms of ethanol manufacturers or to the headquarters of the farm lobby.
The culprit is Washington.
Congress passed the Renewable Fuel Standard in 2005, anticipating that there would be considerable production of cellulosic ethanol made from switch grass, wood chips and other plant materials by 2010.
.....Yet the Renewable Fuel Standard mandates that ethanol production ramp up from 13 billion gallons this year to 36 billion gallons by 2022.
Even now, ethanol production consumes 40 percent of America’s total corn crop.
Production in substantially larger volumes will mean removing even more cropland from food production, which will drive up consumer prices across the board, harming millions of people in poor countries who rely heavily on U.S. corn exports.
.....Yet the Renewable Fuel Standard mandates that ethanol production ramp up from 13 billion gallons this year to 36 billion gallons by 2022.
Even now, ethanol production consumes 40 percent of America’s total corn crop.
Production in substantially larger volumes will mean removing even more cropland from food production, which will drive up consumer prices across the board, harming millions of people in poor countries who rely heavily on U.S. corn exports.
Russian Energy Company Tries to Bribe Cyprus
Geography Note: Russian Energy Company Tries to Bribe Cyprus -:
"Russia’s relationship to Cyprus was already deeply weird.
Though average Russians have long used the island as a vacation destination, recently the Putin government has appeared to be seeing the country more strategically.
Reports of official involvement in everything from tax shelter schemes to gun running are commonplace.
It’s also a preferred tax haven for the Russian elite.
Before yesterday, however, they hadn’t tried to just straight-up buy the place.
This is the first time in Europe’s five-year crisis that a private(-ish) entity has offered to pay off a national debt in exchange for raw materials.
Though one wonders.
There are still a few Italian banks that accept deposits in hard cheese.
Perhaps the Russian company is on to something."
"Russia’s relationship to Cyprus was already deeply weird.
Though average Russians have long used the island as a vacation destination, recently the Putin government has appeared to be seeing the country more strategically.
Reports of official involvement in everything from tax shelter schemes to gun running are commonplace.
It’s also a preferred tax haven for the Russian elite.
Before yesterday, however, they hadn’t tried to just straight-up buy the place.
This is the first time in Europe’s five-year crisis that a private(-ish) entity has offered to pay off a national debt in exchange for raw materials.
Though one wonders.
There are still a few Italian banks that accept deposits in hard cheese.
Perhaps the Russian company is on to something."
As Air Traffic Control Towers Close, FAA Hiring ‘Community Planners’
As Air Traffic Control Towers Close, FAA Hiring ‘Community Planners’ | CNS News:
"As the Federal Aviation Administration is set to announce Friday the temporary closure of 238 air traffic control towers because of the sequester, the agency is planning to hire “community planners” paid in excess of $100,000 – one at an airport slated to for a possible tower closure"
"As the Federal Aviation Administration is set to announce Friday the temporary closure of 238 air traffic control towers because of the sequester, the agency is planning to hire “community planners” paid in excess of $100,000 – one at an airport slated to for a possible tower closure"
First scholarships in Michigan available for quality early childhood care
First scholarships in Michigan available for quality early childhood care | MLive.com:
"On Thursday, the state and two non-profits announced the first statewide scholarship program to help families find and pay for quality child care for infants and toddlers.
The Early Start Scholarships will award 200 low-income and working families with up to 40 percent — or $2,880 — of the childcare costs.
The scholarships are available in 81 of Michigan's 83 states."
"On Thursday, the state and two non-profits announced the first statewide scholarship program to help families find and pay for quality child care for infants and toddlers.
The Early Start Scholarships will award 200 low-income and working families with up to 40 percent — or $2,880 — of the childcare costs.
The scholarships are available in 81 of Michigan's 83 states."
NJ town fines businesses for leaving lights on
NJ town fines businesses for leaving lights on - New York News | NYC Breaking News:
Businesses in Paramus, New Jersey are getting tickets when they leave their sign lights on.
Paramus has a quality of life ordinance that fines businesses $200 or more, plus $33 in court costs, if their signs don't go dark after 11 p.m.
All stores must close by 11 p.m. in Paramus.
Business owner Kathy Billard and her husband own Alternate Heat on Route 17.
She said she had no idea her sign was a problem until after she got fined.
"We've been her for 25 years and never had an issue," Billard says.
Her husband also says merchants should be allowed to pay the fine online or by mail instead of having to spend hours waiting in court."
Businesses in Paramus, New Jersey are getting tickets when they leave their sign lights on.
Paramus has a quality of life ordinance that fines businesses $200 or more, plus $33 in court costs, if their signs don't go dark after 11 p.m.
All stores must close by 11 p.m. in Paramus.
Business owner Kathy Billard and her husband own Alternate Heat on Route 17.
She said she had no idea her sign was a problem until after she got fined.
"We've been her for 25 years and never had an issue," Billard says.
Her husband also says merchants should be allowed to pay the fine online or by mail instead of having to spend hours waiting in court."
‘Beachhouse Bailout’ Bill Reintroduced in Congress
‘Beachhouse Bailout’ Bill Reintroduced in Congress | Heartlander Magazine:
"Rep. Albio Sires (D-NJ) has reintroduced legislation establishing a federal bailout system for financially stressed state-run property insurance programs like the Florida Hurricane Catastrophe Fund, which has $17 billion in liabilities and likely could not fully pay claims if a large hurricane were to strike the state.
The “beachhouse bailout” bill, as its critics call it, has appeared in several guises over the years.
They call it a beachhouse bailout because expensive beachhouses are usually the first damaged where hurricanes land."
"Rep. Albio Sires (D-NJ) has reintroduced legislation establishing a federal bailout system for financially stressed state-run property insurance programs like the Florida Hurricane Catastrophe Fund, which has $17 billion in liabilities and likely could not fully pay claims if a large hurricane were to strike the state.
The “beachhouse bailout” bill, as its critics call it, has appeared in several guises over the years.
They call it a beachhouse bailout because expensive beachhouses are usually the first damaged where hurricanes land."
Greenland Study Shows Cooling Recent Temperatures
Greenland Study Shows Cooling Recent Temperatures | Heartlander Magazine:
"The data provided a temperature record extending back 800 years.
The data showed temperatures during the 1200s and 1300s were similar to current temperatures, and that temperatures in the 1400s were higher than today.
Temperatures during the 1930s were also significantly higher than today, the data showed.
The 1930s data add weight to U.S. temperature data also showing the 1930s were warmer than current temperatures."
"The data provided a temperature record extending back 800 years.
The data showed temperatures during the 1200s and 1300s were similar to current temperatures, and that temperatures in the 1400s were higher than today.
Temperatures during the 1930s were also significantly higher than today, the data showed.
The 1930s data add weight to U.S. temperature data also showing the 1930s were warmer than current temperatures."
Grand Haven discusses gun control
http://tinyurl.com/a85daz7
"If we have the ability to reduce even one or two people that die in the United States from un-just causes, we should do that," said Molly McGinnis.
"If we have the ability to reduce even one or two people that die in the United States from un-just causes, we should do that," said Molly McGinnis.
Tentative state budget includes ‘Jimmy Fallon’ tax credit to lure ‘The Tonight Show’ back to New York
Exclusive: Tentative state budget includes ‘Jimmy Fallon’ tax credit to lure ‘The Tonight Show’ back to New York - NY Daily News:
"Call it the Jimmy Fallon tax credit.
Quietly tucked into tentative state budget is a provision that would help NBC move “The Tonight Show” back to New York, the Daily News has learned.
The provision would make state tax credits available for the producers of “a talk or variety program that filmed at least five seasons outside the state prior to its first relocated season in New York,” budget documents show."
In addition, the episodes “must be filmed before a studio audience” of at least 200 people. And the program must have an annual production budget of at least $30 million or incur at least $10 million a year in capital expenses.
In other words, a program exactly like “The Tonight Show.”
"Call it the Jimmy Fallon tax credit.
Quietly tucked into tentative state budget is a provision that would help NBC move “The Tonight Show” back to New York, the Daily News has learned.
The provision would make state tax credits available for the producers of “a talk or variety program that filmed at least five seasons outside the state prior to its first relocated season in New York,” budget documents show."
In addition, the episodes “must be filmed before a studio audience” of at least 200 people. And the program must have an annual production budget of at least $30 million or incur at least $10 million a year in capital expenses.
In other words, a program exactly like “The Tonight Show.”
N.Y. Gun Rights Advocates File Suit To Block Strictest In The Nation Law
N.Y. Gun Rights Advocates File Suit To Block Strictest In The Nation Law « CBS New York
Instead of the seven-bullet limit on gun magazines, the changes are expected to allow 10-bullet clips, which, sources said, can be used at shooting ranges. Gun owners would then be on the honor system to put only seven bullets in the clip.
“There is no such thing as a seven-bullet magazine. That doesn’t exist, so you really have no practical option,” Cuomo said on Wednesday.
But that’s not Cuomo’s only pull back.
“This state has no future if it is going to be the tax capital of the nation,” Cuomo during his inauguration.
Cuomo then passed a supposedly temporary tax on high-earning New Yorkers that was due to end next year, but now, CBS 2’s Marcia Kramer reported Thursday, that’s not going to happen.
“There will be an extension of the surcharge set to expire next year,” Cuomo said Thursday.
And when asked at if that wasn’t hypocritical, given his prior no-new-taxes positions, Cuomo tried to paint the tax hike as a tax cut, since the budget also provides the middle class with a $350 child tax rebate.
“Some taxes go up, yes, and others go down and the net is they go down. That’s why it’s a tax cut,” Cuomo said.
Business proponents are crying foul.
Instead of the seven-bullet limit on gun magazines, the changes are expected to allow 10-bullet clips, which, sources said, can be used at shooting ranges. Gun owners would then be on the honor system to put only seven bullets in the clip.
“There is no such thing as a seven-bullet magazine. That doesn’t exist, so you really have no practical option,” Cuomo said on Wednesday.
But that’s not Cuomo’s only pull back.
“This state has no future if it is going to be the tax capital of the nation,” Cuomo during his inauguration.
Cuomo then passed a supposedly temporary tax on high-earning New Yorkers that was due to end next year, but now, CBS 2’s Marcia Kramer reported Thursday, that’s not going to happen.
“There will be an extension of the surcharge set to expire next year,” Cuomo said Thursday.
And when asked at if that wasn’t hypocritical, given his prior no-new-taxes positions, Cuomo tried to paint the tax hike as a tax cut, since the budget also provides the middle class with a $350 child tax rebate.
“Some taxes go up, yes, and others go down and the net is they go down. That’s why it’s a tax cut,” Cuomo said.
Business proponents are crying foul.
Thursday, March 21, 2013
Euro may be doomed whether Cyprus stays or goes
Euro may be doomed whether Cyprus stays or goes - Darrell Delamaide's Political Capital - MarketWatch:
"It is impossible to imagine that politicians in Germany, for instance, would dare to confiscate nearly 7% of the savings of their own citizens for any reason.
But they were willing to do it to Cypriots.
“What we are witnessing is the slow death of the European Project,” Anthanasios Orphanides, the former head of Cyprus’s central bank, said in an interview with Bloomberg TV this week.
“We are in a situation that some European governments are essentially taking actions that are telling citizens of other member states that they are not equal under the law.”
"It is impossible to imagine that politicians in Germany, for instance, would dare to confiscate nearly 7% of the savings of their own citizens for any reason.
But they were willing to do it to Cypriots.
“What we are witnessing is the slow death of the European Project,” Anthanasios Orphanides, the former head of Cyprus’s central bank, said in an interview with Bloomberg TV this week.
“We are in a situation that some European governments are essentially taking actions that are telling citizens of other member states that they are not equal under the law.”
Forget Spain and Italy. It’s France that’s Greece-ifying before our very eyes
Forget Spain and Italy. It’s France that’s Greece-ifying before our very eyes – Quartz:
"France has so far dodged the “problem child” reputations that Spain and Italy have earned.
But it looks like that will be increasingly hard to keep up. Data today on France’s business output hinted not just that its economy is decaying—but that it’s doing so rapidly."
"France has so far dodged the “problem child” reputations that Spain and Italy have earned.
But it looks like that will be increasingly hard to keep up. Data today on France’s business output hinted not just that its economy is decaying—but that it’s doing so rapidly."
Whose Insured Deposits Will Be Plundered Next?
Guest Post: Whose Insured Deposits Will Be Plundered Next? | Zero Hedge: "
Spain, it would appear, has changed constitutional rules to enable a so-called ‘moderate’ levy on deposits.
New legislation in New Zealand suggests that depositor funds could be used to bail out banks there, too.
Far more worrying for American and British depositors though is this paragraph Golem XIV brings up from a joint Bank of England and FDIC paper from 2012 which points to the possibility of using deposit insurance funds to bail out illiquid banks:"
Spain, it would appear, has changed constitutional rules to enable a so-called ‘moderate’ levy on deposits.
New legislation in New Zealand suggests that depositor funds could be used to bail out banks there, too.
Far more worrying for American and British depositors though is this paragraph Golem XIV brings up from a joint Bank of England and FDIC paper from 2012 which points to the possibility of using deposit insurance funds to bail out illiquid banks:"
Community Conversation Forum
Muskegon Republican: Community Conversation Forum:
"THURSDAY, MARCH 21, 2013
Community Conversation Forum:
"Civility and Free Expression: A Conversation about Gun Violence
JOIN US for a Community Conversation on Gun Violence at the Grand Haven Community Center on March 21, 2013 from 6:00 to 9:00.
The Community Center is located at 421 Columbus St, Grand Haven, MI 49417.
Registration is now closed.
Walk-ins are welcome (though food may not be available). "
"THURSDAY, MARCH 21, 2013
Community Conversation Forum:
"Civility and Free Expression: A Conversation about Gun Violence
JOIN US for a Community Conversation on Gun Violence at the Grand Haven Community Center on March 21, 2013 from 6:00 to 9:00.
The Community Center is located at 421 Columbus St, Grand Haven, MI 49417.
Registration is now closed.
Walk-ins are welcome (though food may not be available). "
Hollywood Transforms Itself to Milk Multiple States for Movie Money
Hollywood Transforms Itself to Milk Multiple States for Movie Money [Michigan Capitol Confidential]:
"The Michigan Senate Fiscal Agency did an analysis of the film subsidy program a few years ago. For the fiscal year covering 2010-11, it found that the program brought $13.5 million worth of benefit at a cost of $125 million.
The Center on Budget and Policy Priorities, a left-leaning economic think tank, reviewed the literature on state film subsidy and tax rebate programs and found that claims that they are worth the cost are almost unanimously "more fiction than fact."
"The Michigan Senate Fiscal Agency did an analysis of the film subsidy program a few years ago. For the fiscal year covering 2010-11, it found that the program brought $13.5 million worth of benefit at a cost of $125 million.
The Center on Budget and Policy Priorities, a left-leaning economic think tank, reviewed the literature on state film subsidy and tax rebate programs and found that claims that they are worth the cost are almost unanimously "more fiction than fact."
Department of Ed creates new six-figure job, while wielding sequester ax
Department of Ed creates new six-figure job, while wielding sequester ax | Fox News:
"But in Washington, education funding cuts did not stop the appointment this month of a former elementary school teacher and aide to Rep. Charles Rangel, D-N.Y. to the job of executive director of the White House Initiative on Educational Excellence for African-Americans.
David Johns was given the newly created job, where he will be “asked to identify evidence-based best practices to improve African-American student achievement from cradle to career,” according to the Department of Education."
"But in Washington, education funding cuts did not stop the appointment this month of a former elementary school teacher and aide to Rep. Charles Rangel, D-N.Y. to the job of executive director of the White House Initiative on Educational Excellence for African-Americans.
David Johns was given the newly created job, where he will be “asked to identify evidence-based best practices to improve African-American student achievement from cradle to career,” according to the Department of Education."
Muskegon County falls to 69th in new Michigan county health rankings
Muskegon County falls to 69th in new Michigan county health rankings | MLive.com:
"The new ranking indicates that Muskegon County’s welfare may have worsened in some key areas — last year the county landed in No. 63."
"The new ranking indicates that Muskegon County’s welfare may have worsened in some key areas — last year the county landed in No. 63."
Cyprus Shuts Banks Until Tuesday, Seeks Russia Aid
Cyprus Shuts Banks Until Tuesday, Seeks Russia Aid:
"Cypriot banks will remain closed at least until Tuesday as negotiations between the country and Russia over financial assistance continue in Moscow."
"Cypriot banks will remain closed at least until Tuesday as negotiations between the country and Russia over financial assistance continue in Moscow."
Muskegon County room tax dollars will not support summer festivals, committee decides
Muskegon County room tax dollars will not support summer festivals, committee decides | MLive.com
"Meanwhile, an $11,000 debt Muskegon County was left from last year’s Hot Rod Power Tour event will not be charged to the room tax event marketing program but will be handled in another area of the county budget, according to Muskegon County Community Development Director Bob Lukens.
The tourism advisory committee delayed event market program decisions until the Power Tour payment issue was determined."
"Meanwhile, an $11,000 debt Muskegon County was left from last year’s Hot Rod Power Tour event will not be charged to the room tax event marketing program but will be handled in another area of the county budget, according to Muskegon County Community Development Director Bob Lukens.
The tourism advisory committee delayed event market program decisions until the Power Tour payment issue was determined."
John Kerry Announces U.S. Support For U.N. Arms Trade Treaty
John Kerry Announces U.S. Support For U.N. Arms Trade Treaty - Investors.com:
"U.S. Rights: As the world body meets this week to hammer out an agreement to restrict international arms trade, our Secretary of State commits us to pushing a treaty that may also restrict our Second Amendment rights.
Last Friday, the day of the week when unpopular or controversial announcements are traditionally made, Secretary of State John Kerry announced U.S. support for the United Nations Arms Trade Treaty (ATT), a final version of which is being hammered out in New York beginning this week."
"U.S. Rights: As the world body meets this week to hammer out an agreement to restrict international arms trade, our Secretary of State commits us to pushing a treaty that may also restrict our Second Amendment rights.
Last Friday, the day of the week when unpopular or controversial announcements are traditionally made, Secretary of State John Kerry announced U.S. support for the United Nations Arms Trade Treaty (ATT), a final version of which is being hammered out in New York beginning this week."
Michigan's car insurance rates among highest in country
Report: Michigan's car insurance rates among highest in country | MLive.com:
"It came up with an average annual premium of $2,520 in Michigan, the highest behind Louisiana’s rate of $2,699.
Michigan is the only state to offer unlimited lifetime medical care for auto-related injuries under its no-fault auto insurance system.
Policy holders pay an extra $175 per insured vehicle each year for the Michigan Catastrophic Claims Association to reimburse auto insurers for personal injury protection (PIP) benefits after they exceed $500,000 per claim."
"It came up with an average annual premium of $2,520 in Michigan, the highest behind Louisiana’s rate of $2,699.
Michigan is the only state to offer unlimited lifetime medical care for auto-related injuries under its no-fault auto insurance system.
Policy holders pay an extra $175 per insured vehicle each year for the Michigan Catastrophic Claims Association to reimburse auto insurers for personal injury protection (PIP) benefits after they exceed $500,000 per claim."
Idling bus, trucks in Park City reported to the police
Idling bus, trucks in Park City reported to the police - The Park Record:
"Park City leaders in 2010 adopted the prohibition on idling for more than three minutes as part of City Hall's wide-ranging environmental program.
Officials want to curb emissions, and the prohibition won support from the environmental community."
"Park City leaders in 2010 adopted the prohibition on idling for more than three minutes as part of City Hall's wide-ranging environmental program.
Officials want to curb emissions, and the prohibition won support from the environmental community."
Teenager arrested for tweeting rap lyric containing the word "homicide."
Althouse: Teenager arrested for tweeting rap lyric containing the word "homicide.":
"ADDED: Here's how Talking Points Memo reported the basis for the arrest:
"The older girl was charged with aggravated menacing for a tweet that threatened homicide and said 'you ripped my family apart,' according to the attorney general’s office." Pathetic!"
"ADDED: Here's how Talking Points Memo reported the basis for the arrest:
"The older girl was charged with aggravated menacing for a tweet that threatened homicide and said 'you ripped my family apart,' according to the attorney general’s office." Pathetic!"
Wednesday, March 20, 2013
Stimulus Package: $384,949 on Duck Genitalia Study
Stimulus Package: $384,949 on Duck Genitalia Study | CNS News:
"The grant was made available through the American Recovery and Reinvestment Act, better known as the stimulus package."
"The grant was made available through the American Recovery and Reinvestment Act, better known as the stimulus package."
After the Aircraft Carrier: 3 Alternatives to the Navy's Vulnerable Flattops
After the Aircraft Carrier: 3 Alternatives to the Navy's Vulnerable Flattops | Danger Room | Wired.com:
"A single new carrier costs $14 billion to build plus $7 million a day to operate.
“Not a good use of U.S. taxpayer money,” Hendrix asserts.
Moreover, he contends that huge carriers with their five-acre flight decks and scores of warplanes are ill-suited to the American way of war, in which precision and avoiding civilian casualties are more important than overwhelming firepower.
Worst, Hendrix warns, the carriers — major symbols of American military might — are increasingly big targets for China’s DF-21D ship-killing ballistic missiles."
"A single new carrier costs $14 billion to build plus $7 million a day to operate.
“Not a good use of U.S. taxpayer money,” Hendrix asserts.
Moreover, he contends that huge carriers with their five-acre flight decks and scores of warplanes are ill-suited to the American way of war, in which precision and avoiding civilian casualties are more important than overwhelming firepower.
Worst, Hendrix warns, the carriers — major symbols of American military might — are increasingly big targets for China’s DF-21D ship-killing ballistic missiles."
The Prevailing Wage Wave in Michigan
The Prevailing Wage Wave in Michigan | Job Creators NetworkJob Creators Network:
"After all, wasn’t last December fun?
Who wouldn’t want another round of union thuggery at the state Capitol whereby union protesters destroyed warming tents, knocked around a popular local hot dog vendor and shouted down a billy-club-armed state police line around the Governor’s office?"
"After all, wasn’t last December fun?
Who wouldn’t want another round of union thuggery at the state Capitol whereby union protesters destroyed warming tents, knocked around a popular local hot dog vendor and shouted down a billy-club-armed state police line around the Governor’s office?"
Don't Even THINK of Building That
Best of the Web Today: Don't Even THINK of Building That - WSJ.com:
'Spending': Letting You Keep Your Own Money
"The Real Spending Problem," according to a New York Times editorial with that title, is that the government is letting you keep too much money:
"Each year, the government doles out tax breaks worth $1.1 trillion. . . .
Tax breaks work like spending.
Giving a deduction for certain activities, like homeownership or retirement savings, is the same as writing a government check to subsidize those activities.
Functionally, they mimic entitlements.
Like Medicare, Medicaid and Social Security, they are available, year in and year out, in full, to all who qualify."
This is nonsense.
'Spending': Letting You Keep Your Own Money
"The Real Spending Problem," according to a New York Times editorial with that title, is that the government is letting you keep too much money:
"Each year, the government doles out tax breaks worth $1.1 trillion. . . .
Tax breaks work like spending.
Giving a deduction for certain activities, like homeownership or retirement savings, is the same as writing a government check to subsidize those activities.
Functionally, they mimic entitlements.
Like Medicare, Medicaid and Social Security, they are available, year in and year out, in full, to all who qualify."
This is nonsense.
Tour the new Cabela's Grandville store before it opens to the public!
Tour the new Cabela's Grandville store before it opens to the public! | MLive.com:
"He said the 88,000-square-foot store includes "thousands of quality outdoor products, as well as a mountain replica, wildlife displays, aquarium, boat shop, indoor archery range, Gun Library, Bargain Cave, Deli and Fudge Shop."
No guns?
"He said the 88,000-square-foot store includes "thousands of quality outdoor products, as well as a mountain replica, wildlife displays, aquarium, boat shop, indoor archery range, Gun Library, Bargain Cave, Deli and Fudge Shop."
No guns?
Electric vehicle company to open headquarters in Detroit, create 180 jobs to build sports cars
Electric vehicle company to open headquarters in Detroit, create 180 jobs to build sports cars | MLive.com: "Detroit Electric, which produced electric vehicles in the early 1900s, today announced its intentions to create 180 jobs by the end of 2013 to help produce a new lineup of all-electric vehicles, including a limited-edition two-seat sports car."
Report: Stamp Farms bankruptcy cited in New York Times cautionary tale of surging farmland prices
Report: Stamp Farms bankruptcy cited in New York Times cautionary tale of surging farmland prices | MLive.com:
"According to the story, debt held by the nation’s farmers has risen nearly 30 percent since 2007, to an expected $277.4 billion this year, with most loans made by commercial banks, the farm credit system and the Farm Service Agency.
As prices for farmland soar, and farmers compete to buy and rent land, economists fear a collapse similar to the housing marker collapse if crop prices fall."
"According to the story, debt held by the nation’s farmers has risen nearly 30 percent since 2007, to an expected $277.4 billion this year, with most loans made by commercial banks, the farm credit system and the Farm Service Agency.
As prices for farmland soar, and farmers compete to buy and rent land, economists fear a collapse similar to the housing marker collapse if crop prices fall."
Background checks spiked after Sandy Hook shooting, says FBI director
Background checks spiked after Sandy Hook shooting, says FBI director - The Hill
"Director Robert Mueller told a House Appropriations panel on Tuesday that background check requests from licensed gun dealers has risen from an average of 54,000 each day to a current level of 81,000 every day since the Connecticut shooting, which killed 20 children and six adults.
The FBI has added about 200 people to its previously existing staff of 300 employees to ensure the background checks, conducted through the National Instant Criminal Background Check System (NICS), are completed within 3 days, according to Mueller."
"Director Robert Mueller told a House Appropriations panel on Tuesday that background check requests from licensed gun dealers has risen from an average of 54,000 each day to a current level of 81,000 every day since the Connecticut shooting, which killed 20 children and six adults.
The FBI has added about 200 people to its previously existing staff of 300 employees to ensure the background checks, conducted through the National Instant Criminal Background Check System (NICS), are completed within 3 days, according to Mueller."
Near-downtown Muskegon neighborhood residents ask for economic justice in farmers market relocation
Near-downtown Muskegon neighborhood residents ask for economic justice in farmers market relocation | MLive.com:
"Some like Roman Scott said he was dismayed that the issue of relocating the farmers market is being brought up to the Muskegon City Commission again after being rejected by the people several times in past years. "
"Some like Roman Scott said he was dismayed that the issue of relocating the farmers market is being brought up to the Muskegon City Commission again after being rejected by the people several times in past years. "
Muskegon Community College faculty to receive pay raise with new labor agreement | MLive.com
Muskegon Community College faculty to receive pay raise with new labor agreement | MLive.com
"The starting salary for faculty with master’s degrees increased from $42,000 to more than $51,000.
“Although that seems like a huge jump, we were getting to the point where we weren’t able to hire anyone at the entry level rate of pay,” Hilliard said.
Maximum salaries are $85,891 for someone with a master’s degree and $96,337 for faculty with a Ph.D.
The salary schedule includes 14 steps, each representing a 4 percent salary increase, that faculty advance on according to years of service and educational attainment. "
"The starting salary for faculty with master’s degrees increased from $42,000 to more than $51,000.
“Although that seems like a huge jump, we were getting to the point where we weren’t able to hire anyone at the entry level rate of pay,” Hilliard said.
Maximum salaries are $85,891 for someone with a master’s degree and $96,337 for faculty with a Ph.D.
The salary schedule includes 14 steps, each representing a 4 percent salary increase, that faculty advance on according to years of service and educational attainment. "
Chase Customers See Bank Balance Reduced to Zero
Chase Customers See Bank Balance Reduced to Zero Alex Jones' Infowars: There's a war on for your mind!
"Millions of Chase Bank customers were affected by an unfortunately timed glitch which resulted in their checking and savings accounts showing a zero balance for several hours yesterday, prompting many to take to Twitter and express panic that their money had been stolen."
"Millions of Chase Bank customers were affected by an unfortunately timed glitch which resulted in their checking and savings accounts showing a zero balance for several hours yesterday, prompting many to take to Twitter and express panic that their money had been stolen."
Tuesday, March 19, 2013
ABC Allows a Mere 20 Seconds to 'Outrage' Over Cyprus Tax Scheme to Fund Bailout
ABC Allows a Mere 20 Seconds to 'Outrage' Over Cyprus Tax Scheme to Fund Bailout | NewsBusters:
"Just how superficial is ABC?
On Monday and Tuesday, the network allowed a mere 20 seconds to "outrage" over a plan by the European Union that would have seized ten percent of the money Cyprus residents had in their bank accounts.
ABC's World News skipped the story entirely, as did Monday's Nightline.
Good Morning America on Tuesday offered 20 seconds.
In contrast, the program devoted over five minutes to important topics, such as the newest season of Dancing With the Stars."
"Just how superficial is ABC?
On Monday and Tuesday, the network allowed a mere 20 seconds to "outrage" over a plan by the European Union that would have seized ten percent of the money Cyprus residents had in their bank accounts.
ABC's World News skipped the story entirely, as did Monday's Nightline.
Good Morning America on Tuesday offered 20 seconds.
In contrast, the program devoted over five minutes to important topics, such as the newest season of Dancing With the Stars."
Hurley agreed to pay nurse to settle no-black-nurses lawsuit, documents show
Hurley agreed to pay nurse to settle no-black-nurses lawsuit, documents show | MLive.com:
"Nurse Tonya Battle, who works in the hospital’s neonatal intensive care unit, filed a lawsuit claiming the hospital discriminated against her when it fulfilled a father’s request not to let black nurses treat his child. Both sides announced they settled the suit Feb. 22"
"Nurse Tonya Battle, who works in the hospital’s neonatal intensive care unit, filed a lawsuit claiming the hospital discriminated against her when it fulfilled a father’s request not to let black nurses treat his child. Both sides announced they settled the suit Feb. 22"
Court filing: Attorney General Bill Schuette says right-to-work laws apply to state government workers
Court filing: Attorney General Bill Schuette says right-to-work laws apply to state government workers | MLive.com:
"Michigan Attorney General Bill Schuette has filed court documents saying that the state’s new right-to-work law applies to unionized state government workers.
The filing Tuesday is a response for defendants in a lawsuit filed last month by a coalition of labor unions.
The unions argue that Michigan’s right-to-work law should not apply to roughly 35,000 unionized state employees."
"Michigan Attorney General Bill Schuette has filed court documents saying that the state’s new right-to-work law applies to unionized state government workers.
The filing Tuesday is a response for defendants in a lawsuit filed last month by a coalition of labor unions.
The unions argue that Michigan’s right-to-work law should not apply to roughly 35,000 unionized state employees."
Family’s Home Raided over Facebook Photo of Child’s Rifle | FOX News & Commentary: Todd Starnes
Family’s Home Raided over Facebook Photo of Child’s Rifle | FOX News & Commentary: Todd Starnes:
New Jersey police and Dept. of Children and Families officials raided the home of a firearms instructor and demanded to see his guns after he posted a Facebook photo of his 11-year-old son holding a rifle.
“Someone called family services about the photo,” said Evan Nappen, an attorney representing Shawn Moore. “It led to an incredible, heavy-handed raid on his house. They wanted to see his gun safe, his guns and search his house. They even threatened to take his kids.”
Moore was not arrested or charged.
This is the Facebook photo that led to the police raid.
A Dept. of Children and Families spokesperson told Fox News they could not confirm or deny an investigation or raid had taken place due to government regulations.
“The department has a child abuse hotline for the state of New Jersey and anybody can make a call to that hotline,” spokesperson Kristen Brown said. “We are required to follow up on every single allegation that comes into the central registry.”
China Is Engineering Genius Babies
China Is Engineering Genius Babies | VICE United States:
"At BGI Shenzhen, scientists have collected DNA samples from 2,000 of the world’s smartest people and are sequencing their entire genomes in an attempt to identify the alleles which determine human intelligence.
Apparently they’re not far from finding them, and when they do, embryo screening will allow parents to pick their brightest zygote and potentially bump up every generation's intelligence by five to 15 IQ points. "
"At BGI Shenzhen, scientists have collected DNA samples from 2,000 of the world’s smartest people and are sequencing their entire genomes in an attempt to identify the alleles which determine human intelligence.
Apparently they’re not far from finding them, and when they do, embryo screening will allow parents to pick their brightest zygote and potentially bump up every generation's intelligence by five to 15 IQ points. "
Wayne State says potential state aid cuts could force tuition increases
Wayne State says potential state aid cuts could force tuition increases | Crain's Detroit Business
Wayne State University would be punished with a loss of $27.5 million in state aid and the University of Michigan with a cut of $41 million because of proposed long-term contracts they may sign with their unions, under a bill reported Tuesday by the House Appropriations Subcommittee on Higher Education.
The bill was reported along party lines.
Patrick Lindsey, vice president of government and community affairs for Wayne State, said the university could not handle a cut of that size and might be forced to increase tuition.
The bill states that any university would lose 15 percent of its funding if it extends, renews or enters into a contract after Dec. 10, 2012, and before March 28 if that contract does not achieve savings of 10 percent or greater. The dates relate to the time between when Gov. Rick Snyder signed right-to-work legislation into law and when the law takes effect.
"This has to do with circumventing state law," said the subcommittee chairman, Rep. Al Pscholka, R-Stevensville, who then acknowledged that right-to-work is not state law until next week.
"We're trying to stand up for taxpayers," Pscholka said. "An eight-year contract does not stand up for taxpayers, and I think it's pretty apparent and pretty blatant what's going on here."
Several attempts by Democrats to remove the provision from the bill failed along party lines.
Nigel Farage Message To Europeans: "Get Your Money Out While You Can"
Nigel Farage Message To Europeans: "Get Your Money Out While You Can" | Zero Hedge:
In all his years and all his experience of the desperation of the European Union's leadership "never did [he] think they would resort to stealing money from people's savings accounts."
The simple fact is that they know they cannot let any country leave, no matter how small, for "once one country goes, the whole deck of cards will come tumbling down."
There is now "clear irreconcilable differences" between the North and the South of Europeand now that they have done this in one country, "they are quite capable of doing it in Italy, Spain and anywhere."
The message that sends to people is "get your money out while you can."
As far as his British constituents, he strongly recommends George Osborne (UK Chancellor) urge ex-pats to remove all their money and do monthly transfers from home.
"Do Not Invest In The Euro-Zone," he concludes, "you have to be mad to do so - as it is now run by people who do not respect democracy, the rule of law, or the basic principles upon which Western civilization is based."
"They are propping up a Eurozone that, in the end, will collapse in disastrous failure and they are prepared to do anything to do so."
Lack of job seekers -- not jobs -- haunts this year's Thurgood Marshall Job & Career Fair Expo
Lack of job seekers -- not jobs -- haunts this year's Thurgood Marshall Job & Career Fair Expo | MLive.com:
"An underwhelming turnout of applicants – not a lack of companies with open positions – was the bane of this year's Thurgood Marshall Job & Career Fair Expo.
As the event began to wind down Tuesday, March 19, only about 100 applicants had walked through the doors of the at the Bishop Williams L. Burrell Multi-Plex Center in Muskegon Heights, said event organizer Paul Billings.
He had earlier predicted more than 700 people would come, based on the turnout for last year's event."
"An underwhelming turnout of applicants – not a lack of companies with open positions – was the bane of this year's Thurgood Marshall Job & Career Fair Expo.
As the event began to wind down Tuesday, March 19, only about 100 applicants had walked through the doors of the at the Bishop Williams L. Burrell Multi-Plex Center in Muskegon Heights, said event organizer Paul Billings.
He had earlier predicted more than 700 people would come, based on the turnout for last year's event."
$2.7M Federal Study: Why Do Lesbians Have Higher 'Risk for Hazardous Drinking'?
$2.7M Federal Study: Why Do Lesbians Have Higher 'Risk for Hazardous Drinking'? | CNS News:
"The National Institutes of Health (NIH) has awarded $2.7 million to study why lesbians are at a higher “risk for hazardous drinking.”
The University of Illinois has received grants since 2009 for its project, "Cumulative Stress and Hazardous Drinking in a Community of Adult Lesbians," which aims to develop “culturally sensitive” strategies to prevent lesbians from being drunks."
"The National Institutes of Health (NIH) has awarded $2.7 million to study why lesbians are at a higher “risk for hazardous drinking.”
The University of Illinois has received grants since 2009 for its project, "Cumulative Stress and Hazardous Drinking in a Community of Adult Lesbians," which aims to develop “culturally sensitive” strategies to prevent lesbians from being drunks."
National planning Cyprus-style solution for New Zealand
National planning Cyprus-style solution for New Zealand | Scoop News:
"The National Government are pushing a Cyprus-style solution to bank failure in New Zealand which will see small depositors lose some of their savings to fund big bank bailouts, the Green Party said today.
Open Bank Resolution (OBR) is Finance Minister Bill English’s favoured option dealing with a major bank failure.
If a bank fails under OBR, all depositors will have their savings reduced overnight to fund the bank’s bail out.
"The National Government are pushing a Cyprus-style solution to bank failure in New Zealand which will see small depositors lose some of their savings to fund big bank bailouts, the Green Party said today.
Open Bank Resolution (OBR) is Finance Minister Bill English’s favoured option dealing with a major bank failure.
If a bank fails under OBR, all depositors will have their savings reduced overnight to fund the bank’s bail out.
Daylight robbery in Cyprus will come to haunt EMU
Daylight robbery in Cyprus will come to haunt EMU – Telegraph Blogs:
"One's first reflex is to gasp at the stupidity of the EU policy elites, but truth is that most EU officials handling the Cyprus crisis know perfectly well that their masters have just set the slow fuse on a powder keg – and they can only pray that it is slow."
"One's first reflex is to gasp at the stupidity of the EU policy elites, but truth is that most EU officials handling the Cyprus crisis know perfectly well that their masters have just set the slow fuse on a powder keg – and they can only pray that it is slow."
Michigan Airport Home to No Planes Or Hangars Receives Over $150K A Year In Tax Dollars
Michigan Airport Home to No Planes Or Hangars Receives Over $150K A Year In Tax Dollars [Michigan Capitol Confidential]:
"Evart Municipal Airport has two flights per day, one runway, zero employees and five "likes" on its Facebook page.
Yet, the federal government spent $150,000 on the airport in 2012 while state and local taxpayers spent thousands more."
"Evart Municipal Airport has two flights per day, one runway, zero employees and five "likes" on its Facebook page.
Yet, the federal government spent $150,000 on the airport in 2012 while state and local taxpayers spent thousands more."
The Disappearing Volume of the Stock Market
Captain Capitalism: The Disappearing Volume of the Stock Market:
But ask yourself a question.
"How great of a reason is THE LACK OF VOLATILITY for a stock market rally?"
It once again is another desperate excuse, a desperate reason for stock markets to rally that once again ignores the only two things that should drive a true stock market rally -
1. Increased profits
2. Increased dividends
The fact volume is tanking, leaving a higher percentage of trading in essentially connected firms' hands, AND there has not been the increase in profits to bring the P/E of investments down to a sane level, means this is a rally only for the connected.
You might as well be a man trying to rationalize driving a VW Cabriolet by citing its fuel efficiency."
But ask yourself a question.
"How great of a reason is THE LACK OF VOLATILITY for a stock market rally?"
It once again is another desperate excuse, a desperate reason for stock markets to rally that once again ignores the only two things that should drive a true stock market rally -
1. Increased profits
2. Increased dividends
The fact volume is tanking, leaving a higher percentage of trading in essentially connected firms' hands, AND there has not been the increase in profits to bring the P/E of investments down to a sane level, means this is a rally only for the connected.
You might as well be a man trying to rationalize driving a VW Cabriolet by citing its fuel efficiency."
Europe’s Cyprus blunder
Europe’s Cyprus blunder | AEIdeas:
"European policymakers work in strange and mysterious ways.
Over the past year, they bent many rules and threw literally hundreds of billions of Euros at Greece to prevent that country from exiting the Euro.
They did so for fear that a Greek exit might cause contagion to other countries in the European periphery. And then over this last weekend, they chose to spook financial markets and risk the very contagion that they sought to avoid in the Greek case, by demanding that as part of its bailout package Cyprus imposes a tax on bank deposits."
"European policymakers work in strange and mysterious ways.
Over the past year, they bent many rules and threw literally hundreds of billions of Euros at Greece to prevent that country from exiting the Euro.
They did so for fear that a Greek exit might cause contagion to other countries in the European periphery. And then over this last weekend, they chose to spook financial markets and risk the very contagion that they sought to avoid in the Greek case, by demanding that as part of its bailout package Cyprus imposes a tax on bank deposits."
Ken Braun: A gun control proposal that everyone should support
Ken Braun: A gun control proposal that everyone should support | MLive.com:
"required a twice-yearly report from every SWAT team in Michigan.
They would need to list the location of each raid, the legal reason for it, the details of what happened, whether shots were fired, what was seized and who was arrested. A similar law in Maryland revealed that 4.5 homes per day were being raided.
McMillin introduced the bill following the death of a 7-year old Detroit girl who was killed during a Detroit police SWAT raid on her home.
The only weapon fired was from the gun of one of the officers, who claimed (falsely) that the girl’s aunt reached for his weapon.
Yet his only shot struck the little girl in the neck.
The bill received only two co-sponsors, both Detroit Democrats.
It never got out of committee, allegedly due to strong resistance from law enforcement."
"required a twice-yearly report from every SWAT team in Michigan.
They would need to list the location of each raid, the legal reason for it, the details of what happened, whether shots were fired, what was seized and who was arrested. A similar law in Maryland revealed that 4.5 homes per day were being raided.
McMillin introduced the bill following the death of a 7-year old Detroit girl who was killed during a Detroit police SWAT raid on her home.
The only weapon fired was from the gun of one of the officers, who claimed (falsely) that the girl’s aunt reached for his weapon.
Yet his only shot struck the little girl in the neck.
The bill received only two co-sponsors, both Detroit Democrats.
It never got out of committee, allegedly due to strong resistance from law enforcement."
House Speaker John Boehner says he "absolutely" trusts President Barack Obama
News from The Associated Press
"House Speaker John Boehner says he "absolutely" trusts President Barack Obama - not that they don't have their differences.
Boehner tells ABC's "This Week" that the two have a good relationship and that they're "open with each other ... honest with each other." But the Ohio lawmaker says they're trying to bridge some big differences.
One issue they agree on: The U.S. doesn't have an immediate crisis in terms of debt."
"House Speaker John Boehner says he "absolutely" trusts President Barack Obama - not that they don't have their differences.
Boehner tells ABC's "This Week" that the two have a good relationship and that they're "open with each other ... honest with each other." But the Ohio lawmaker says they're trying to bridge some big differences.
One issue they agree on: The U.S. doesn't have an immediate crisis in terms of debt."
Controversial Article Published In Local Magazine Has Mayor Nutter Asking For Investigation
Controversial Article Published In Local Magazine Has Mayor Nutter Asking For Investigation « CBS Philly:
"Mayor Nutter calls the article’s tone “disgusting,” and he’s asked the Human Relations Commission to investigate some of the sensitive racial issues explored in the piece.
Nutter spokesman Mark McDonald says this is all about fact finding"
"Mayor Nutter calls the article’s tone “disgusting,” and he’s asked the Human Relations Commission to investigate some of the sensitive racial issues explored in the piece.
Nutter spokesman Mark McDonald says this is all about fact finding"
Hillary Clinton Endorses Same-Sex Marriage
Hillary Clinton Endorses Same-Sex Marriage - NYTimes.com:
"Mrs. Clinton’s announcement represents a switch in position; as a presidential candidate in 2008, she explicitly opposed same-sex marriage, saying that she favored civil unions but that decisions about the legality of marriage should be left to the states.
(Until last year, President Obama took that position as well; the president now favors a right to marriage for gay couples.)"
"Mrs. Clinton’s announcement represents a switch in position; as a presidential candidate in 2008, she explicitly opposed same-sex marriage, saying that she favored civil unions but that decisions about the legality of marriage should be left to the states.
(Until last year, President Obama took that position as well; the president now favors a right to marriage for gay couples.)"
Ferry service fights that sinking feeling
Ferry service fights that sinking feeling | Matier And Ross | an SFGate.com blog:
"The much-heralded ferry service between Oakland and South San Francisco — launched just nine months ago at a cost to taxpayers of more than $42 million — is taking on water fast.
The service, which operates seven trips each weekday, carried an average of just 131 total riders a day in the last week of February.
That’s less than a third of the ridership that officials were counting on during the ferries’ first year on the bay.
And yet, rather than retrenching, the ferry operators have big plans for expansion.
You can find out about those here."
"The much-heralded ferry service between Oakland and South San Francisco — launched just nine months ago at a cost to taxpayers of more than $42 million — is taking on water fast.
The service, which operates seven trips each weekday, carried an average of just 131 total riders a day in the last week of February.
That’s less than a third of the ridership that officials were counting on during the ferries’ first year on the bay.
And yet, rather than retrenching, the ferry operators have big plans for expansion.
You can find out about those here."
Foreign language requirements for Michigan high schools could be dropped
Foreign language requirements for Michigan high schools could be dropped | MLive.com:
"The bill sponsored by Republican state Rep. Phil Potvin of Cadillac would allow students to meet Algebra 2 and foreign language requirements by including computer science instead.
The bill is expected to be taken up this year by the House Education Committee."
"The bill sponsored by Republican state Rep. Phil Potvin of Cadillac would allow students to meet Algebra 2 and foreign language requirements by including computer science instead.
The bill is expected to be taken up this year by the House Education Committee."
Michigan road funding: See how much various proposals would cost taxpayers, generate for state
Michigan road funding: See how much various proposals would cost taxpayers, generate for state | MLive.com
"Below, you'll find an overview of the publicly-discussed proposals along with some basic math and bottom-line figures provided by SFA.
While these proposals seek to raise revenue through combinations of taxes and fees, Senate Majority Leader Randy Richardville said he also has asked SFA to look at several "outside the box" ideas that could generate revenue without necessarily increasing taxes."
"Below, you'll find an overview of the publicly-discussed proposals along with some basic math and bottom-line figures provided by SFA.
While these proposals seek to raise revenue through combinations of taxes and fees, Senate Majority Leader Randy Richardville said he also has asked SFA to look at several "outside the box" ideas that could generate revenue without necessarily increasing taxes."
White House Announces Easter Egg Roll May Be Cancelled, After Labeling Concerns Ridiculous Last Week
White House Announces Easter Egg Roll May Be Cancelled, After Labeling Concerns Ridiculous Last Week - By Andrew Johnson - The Corner - National Review Online: "
Last Friday, White House press secretary Jay Carney lashed out at a Fox News anchor for asking whether the White House’s annual Easter Egg Roll might go the way of its cancelled tours.
Carney told Jenna Lee that the event wasn’t at risk:
“Well actually, Jenna, again, if you did a little reporting . . . it’s paid for by the sale of those eggs that come out, as well as from donations on the outside, so it’s a totally different budget.
These are apples and oranges.”
But now the White House is warning that this year’s egg roll may be nixed by the sequester as well.
According to Politico, Capitol Hill offices received an e-mail today with tickets to the event that mentioned it could be cancelled “due to funding uncertainty surrounding the Executive Office of the President and other federal agencies.”
Last Friday, White House press secretary Jay Carney lashed out at a Fox News anchor for asking whether the White House’s annual Easter Egg Roll might go the way of its cancelled tours.
Carney told Jenna Lee that the event wasn’t at risk:
“Well actually, Jenna, again, if you did a little reporting . . . it’s paid for by the sale of those eggs that come out, as well as from donations on the outside, so it’s a totally different budget.
These are apples and oranges.”
But now the White House is warning that this year’s egg roll may be nixed by the sequester as well.
According to Politico, Capitol Hill offices received an e-mail today with tickets to the event that mentioned it could be cancelled “due to funding uncertainty surrounding the Executive Office of the President and other federal agencies.”
SB 124 Would Make it a Class E Felony to Take Biden's Advice
SB 124 Would Make it a Class E Felony to Take Biden's Advice
"In North Carolina, taking the Vice President’s advice could soon become a Class E Felony. North Carolina Senate Bill 124, introduced by Republican Senators Peter S. Brunstetter and Norman W. Sanderson would specifically outlaw the discharge of “a firearm within any building, structure, motor vehicle, or other conveyance, erection, or enclosure with the intent to do harm or incite fear.”
North Carolina’s sentencing guidelines specify a minimum 15 month “intermediate punishment” for Class E felonies and a maximum of up to 63 months in prison."
"In North Carolina, taking the Vice President’s advice could soon become a Class E Felony. North Carolina Senate Bill 124, introduced by Republican Senators Peter S. Brunstetter and Norman W. Sanderson would specifically outlaw the discharge of “a firearm within any building, structure, motor vehicle, or other conveyance, erection, or enclosure with the intent to do harm or incite fear.”
North Carolina’s sentencing guidelines specify a minimum 15 month “intermediate punishment” for Class E felonies and a maximum of up to 63 months in prison."
EyeOnMuskegon: 2013-3-18 New Farmer's Market Forum-Beardsley Theater-VIDEO
EyeOnMuskegon: 2013-3-18 New Farmer's Market Forum-Beardsley Theater:
These are the videos of the 1st Forum held at the Beardsley Theater.
Forum #2 is tonight, 3-19-2013.
"Tuesday's (TONIGHT"S) meeting with the Nelson, Jackson Hill and McLaughlin neighborhood is 6:30 p.m. at the First Congregational Church at Third and Jefferson."
These are the videos of the 1st Forum held at the Beardsley Theater.
Forum #2 is tonight, 3-19-2013.
"Tuesday's (TONIGHT"S) meeting with the Nelson, Jackson Hill and McLaughlin neighborhood is 6:30 p.m. at the First Congregational Church at Third and Jefferson."
Monday, March 18, 2013
Muskegon area Medicare recipients targeted in ongoing scams
Muskegon area Medicare recipients targeted in ongoing scams | MLive.com
“They are saying they are from Medicare and need people’s Medicare numbers to send a new card,” Curtis said.
“All of this is a scam.”
“They are saying they are from Medicare and need people’s Medicare numbers to send a new card,” Curtis said.
“All of this is a scam.”
A Swelling Education Bureaucracy Declares War On Children
A Swelling Education Bureaucracy Declares War On Children - Investors.com:
"Zero Intelligence:
What is happening these days in education?
Children are being demonized and expelled from public schools for "crimes" associated with plastic army men or gun-shaped cookies.
A monster is growing.
Ever since the Department of Education took in more than $100 billion in 2009 stimulus cash to "improve education" the incidents of petty tyranny traumatizing children from its bureaucrats and teachers unions has grown exponentially in schools."
"Zero Intelligence:
What is happening these days in education?
Children are being demonized and expelled from public schools for "crimes" associated with plastic army men or gun-shaped cookies.
A monster is growing.
Ever since the Department of Education took in more than $100 billion in 2009 stimulus cash to "improve education" the incidents of petty tyranny traumatizing children from its bureaucrats and teachers unions has grown exponentially in schools."
Hundreds expected to attend Thurgood Marshall Job & Career Fair Expo on Tuesday, March 19
Hundreds expected to attend Thurgood Marshall Job & Career Fair Expo on Tuesday, March 19 | MLive.com: "The Thurgood Marshall Job & Career Fair Expo will be held 10 a.m. to 4 p.m. Tuesday at the Bishop Williams L. Burrell Multi-Plex Center, 412 E. Sherman Blvd. in Muskegon Heights.
The event is being sponsored by the West Michigan Community Help Network,"
...Eleven employers will be shaking hands, interviewing candidates and taking applications. Billings estimates they will be hiring for 100 to 200 job openings.
The event is being sponsored by the West Michigan Community Help Network,"
...Eleven employers will be shaking hands, interviewing candidates and taking applications. Billings estimates they will be hiring for 100 to 200 job openings.
New Muskegon Farmer's Market not a racist issue, vice mayor says prior to Monday public forum
New Muskegon Farmer's Market not a racist issue, vice mayor says prior to Monday public forum | MLive.com:
“This has gone in a dangerous direction,” Spataro said, adding that he will keep “an open mind” as the three meetings on the Muskegon Farmer’s Market relocation plan are conducted this week."
“This has gone in a dangerous direction,” Spataro said, adding that he will keep “an open mind” as the three meetings on the Muskegon Farmer’s Market relocation plan are conducted this week."
A gun control proposal that everyone should support
Ken Braun: A gun control proposal that everyone should support | MLive.com:
"By one estimate, cited by the Cato Institute, American citizens have their homes and private property invaded 40,000 times per year by their government’s use of para-military police raids.
There are obviously cases where SWAT teams are sent after clearly dangerous and violent criminals that need to spend many years in a cage.
But these home invasions are too often used against non-violent drug offenders, sometimes in situations - such as the Torres matter - where there isn’t even a clear crime being committed.
Most alarmingly, they can also happen when bad information and mistakes send cops to the wrong doors."
"By one estimate, cited by the Cato Institute, American citizens have their homes and private property invaded 40,000 times per year by their government’s use of para-military police raids.
There are obviously cases where SWAT teams are sent after clearly dangerous and violent criminals that need to spend many years in a cage.
But these home invasions are too often used against non-violent drug offenders, sometimes in situations - such as the Torres matter - where there isn’t even a clear crime being committed.
Most alarmingly, they can also happen when bad information and mistakes send cops to the wrong doors."
Rick Haglund: Michigan's job growth weakens Gov. Snyder's claim that we're 'comeback state'
Rick Haglund: Michigan's job growth weakens Gov. Snyder's claim that we're 'comeback state' | MLive.com: "Sowerby’s “prosperity index,” a combination of personal income and job growth, shows that Michigan has outperformed the nation since 2010.
Amash absent from Sen. John McCain's apology for 'wacko birds' comment
Amash absent from Sen. John McCain's apology for 'wacko birds' comment | MLive.com:
"I think it can be harmful if there is a belief among the American people that those people are reflective of the views of the majority of Republicans.
They're not,"
McCain added, noting he was talking about "Rand Paul, Cruz, Amash, whoever."
"I think it can be harmful if there is a belief among the American people that those people are reflective of the views of the majority of Republicans.
They're not,"
McCain added, noting he was talking about "Rand Paul, Cruz, Amash, whoever."
Baker College to build $8 million health science center in Muskegon
Baker College to build $8 million health science center in Muskegon | MLive.com:
"The health sciences building will be the second new building Baker College has built on the Muskegon campus – previously a residential center for people with developmental disabilities – since it moved there in 1997. The college’s “Welcome Center” was built in 2010.
The new building will have roughly the same square footage as the college’s downtown Muskegon Culinary Institute of Michigan, which was built in 2009.
However, it will have a bigger footprint than the three-story, 35,000-square-foot CIM building."
"The health sciences building will be the second new building Baker College has built on the Muskegon campus – previously a residential center for people with developmental disabilities – since it moved there in 1997. The college’s “Welcome Center” was built in 2010.
The new building will have roughly the same square footage as the college’s downtown Muskegon Culinary Institute of Michigan, which was built in 2009.
However, it will have a bigger footprint than the three-story, 35,000-square-foot CIM building."
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