You Won't Believe These Suez Canal Conspiracies
3 years ago
Wednesday, July 31, 2013
Tuesday, July 30, 2013
Monday, July 29, 2013
GOP Mistweets #Obamacare Survey Results | FactCheck.org
GOP Mistweets #Obamacare Survey Results | FactCheck.org:
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House Speaker John Boehner, among other Republicans, wrongly tweeted that a recent “study” found “74% of small businesses will fire workers, cut hours under #Obamacare.” Actually, no more than 13 percent of the small businesses surveyed said that.
On July 16, the U.S. Chamber of Commerce released a three-page report summarizing the results of its Small Business Outlook Study for the second quarter of 2013. The report said: “Despite the Administration’s delay of the employer mandate by a year, small businesses expect the requirement to negatively impact their employees. 27% say they will cut hours to reduce full time employees, 24% will reduce hiring, and 23% plan to replace full time employees (30 hours per week or more) with part-time workers to avoid triggering the mandate.”
YMCA Bookfair | YMCA of Greater St. Louis 2013
YMCA Bookfair | YMCA of Greater St. Louis:
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August 16 - August 21, 2013
Kennedy Recreation Center
6050 Wells Road, St. Louis, MO, 63128
Near Meramec Bottom Road & I-55,
10 miles south of Historic Carondelet YMCA building.
Click the "About the Bookfair" tab in the upper right corner for details about each day of the fair.
Kennedy Recreation Center
6050 Wells Road, St. Louis, MO, 63128
Near Meramec Bottom Road & I-55,
10 miles south of Historic Carondelet YMCA building.
Click the "About the Bookfair" tab in the upper right corner for details about each day of the fair.
First Selection Night
Report: 80 percent of adults in the U.S. face near-poverty and joblessness
Report: 80 percent of adults in the U.S. face near-poverty and joblessness
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Nationwide, the count of America’s poor remains stuck at a record number: 46.2 million, or 15 percent of the population, due in part to lingering high unemployment following the recession. While poverty rates for blacks and Hispanics are nearly three times higher, by absolute numbers the predominant face of the poor is white.
More than 19 million whites fall below the poverty line of $23,021 for a family of four, accounting for more than 41 percent of the nation’s destitute, nearly double the number of poor blacks.
Sometimes termed “the invisible poor” by demographers, lower-income whites generally are dispersed in suburbs as well as small rural towns, where more than 60 percent of the poor are white. Concentrated in Appalachia in the East, they are numerous in the industrial Midwest and spread across America’s heartland, from Missouri, Arkansas and Oklahoma up through the Great Plains.
Sunday, July 28, 2013
Saturday, July 27, 2013
Friday, July 26, 2013
Thursday, July 25, 2013
U.S. probes steel pipe imports from India, eight other countries | Reuters
U.S. probes steel pipe imports from India, eight other countries | Reuters:
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In 2010, the United States slapped duties on imports of OCTG from China after they hit about $2.8 billion in 2008. That created an opening for the other foreign suppliers.
The latest case targets South Korea, which exported about $831 million worth of the pipe to the United States last year, as well as India, Vietnam, the Philippines, Saudi Arabia, Taiwan, Thailand, Turkey and Ukraine.
U.S. producers are asking for anti-dumping duties as high as 240 percent on India, 158 percent on South Korea, 118 percent on Thailand and 111 percent on Vietnam to offset what they say is below market pricing, and lesser but still hefty duties on the other five countries.
For two countries, Turkey and India, U.S. producers are seeking additional countervailing duties to offset alledged government subsidies.
The Commerce Department will make a preliminary decision on countervailing duties in September and on anti-dumping duties in December. Final decisions will come in 2014.
U.S. companies seeking the relief include U.S. Steel(X.N), which told the U.S. International Trade Commission (ITC) at a hearing on Tuesday that it spent $2.1 billion in 2007 to boost its OCTG production by buying a smaller manufacturer.
But "for three years now, I have heard the same tale from our salesmen: 'Imports are underselling us. We must lower our prices or our customers will go elsewhere,'" Doug Matthews, a senior vice president at U.S. Steel, told the panel.
Under the U.S. system,
Steelworkers Prez: MTA Making Excuses to Avoid Buying American
Steelworkers Prez: MTA Making Excuses to Avoid Buying American:
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“This isn’t just about the MTA, but the misconception that everything has to be made in China. The Chinese manipulate their currency; they’re not working on the same level as us. We shouldn’t let them win on the basis of cheating. They’re not playing by the same rules,” Gerard said.
The MTA says that no American company can make the high-tech steel based on the orthotropic design. But Gerard said that’s malarkey.
“There was lot of engineering design work already done at Leigh University. There are at least two or three fabricators that could fabricate the steel. And there are certainly American steel producers that could make it.”
Mr. Gerard believes that the MTA purposely designed the bid to make it difficult for American steel producers to meet the bid’s specifications and therefore farm it out to China.
“There were companies arranging the financing to get ready in case they won the project, but they never got the chance to bid because the subcontractor sourced the steel from China,” said Gerard.
Senator Charles Schumer, as with Mr. Gerard, wrote a letter to the MTA; he strongly argued against the MTA’s decision to use Chinese-made rather than American-made steel because it represents a race to the bottom for the worldwide steel industry because American and other countries’ steel industries can’t match Chinese prices.
Sen. Schumer was criticized by a July 20 New York Post
Wednesday, July 24, 2013
Tuesday, July 23, 2013
Monday, July 22, 2013
Friday, July 19, 2013
Thursday, July 18, 2013
Wednesday, July 17, 2013
Tuesday, July 16, 2013
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Friday, July 12, 2013
Thursday, July 11, 2013
Wednesday, July 10, 2013
Tuesday, July 9, 2013
Monday, July 8, 2013
Friday, July 5, 2013
Obama should have listened to Paul Krugman
Obama should have listened to Paul Krugman
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Six reasons behind the debacle
Obama’s first mistake was to take responsibility for the economic crisis. In his quixotic quest for a bipartisan solution, he made George W. Bush’s problem his own. Margaret Thatcher and Ronald Reagan never made this mistake. They took no responsibility for the economic problems of the 1970s, heaping the blame entirely on their liberal predecessors and eschewing any bipartisan alliance with those they considered their ideological enemies. Roosevelt, too, slammed — and slammed hard — his ideological foes, those he termed ‘economic royalists.’
Insofar as Obama and his lieutenants identified villains, this was Wall Street. Yet saying the financial elite brought on the crisis while bailing out key Wall Street financial institutions such as Citigroup and AIG on the grounds that they were ‘too big to fail’ involved Obama in a terrible contradiction. The least that he could have done was to remove the existing boards and top managers of these organizations as a condition for government funds. Instead, unlike in the case of General Motors, the top dogs stayed on board and continued to collect sky-high bonuses to boot.
The strong sense of disconnect between word and deed was exacerbated rather than alleviated by the Democrats’ financial reform. The measure did not have the minimum conditions for a reform with real teeth: the banning of derivatives; a Glass–Steagall provision preventing commercial banks from doubling as investment banks; the imposition of a financial transactions or tobin tax; and a strong lid on executive pay, bonuses, and stock options.
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Six reasons behind the debacle
Obama’s first mistake was to take responsibility for the economic crisis. In his quixotic quest for a bipartisan solution, he made George W. Bush’s problem his own. Margaret Thatcher and Ronald Reagan never made this mistake. They took no responsibility for the economic problems of the 1970s, heaping the blame entirely on their liberal predecessors and eschewing any bipartisan alliance with those they considered their ideological enemies. Roosevelt, too, slammed — and slammed hard — his ideological foes, those he termed ‘economic royalists.’
Insofar as Obama and his lieutenants identified villains, this was Wall Street. Yet saying the financial elite brought on the crisis while bailing out key Wall Street financial institutions such as Citigroup and AIG on the grounds that they were ‘too big to fail’ involved Obama in a terrible contradiction. The least that he could have done was to remove the existing boards and top managers of these organizations as a condition for government funds. Instead, unlike in the case of General Motors, the top dogs stayed on board and continued to collect sky-high bonuses to boot.
The strong sense of disconnect between word and deed was exacerbated rather than alleviated by the Democrats’ financial reform. The measure did not have the minimum conditions for a reform with real teeth: the banning of derivatives; a Glass–Steagall provision preventing commercial banks from doubling as investment banks; the imposition of a financial transactions or tobin tax; and a strong lid on executive pay, bonuses, and stock options.
Wednesday, July 3, 2013
Tuesday, July 2, 2013
Milton Friedman - The Social Security Myth--older vid
sorry Milt, you were wrong then and wrong now.
Monday, July 1, 2013
Koch brothers helped derail climate change with lawmaker pledge
Koch brothers helped derail climate change with lawmaker pledge
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A new two-year study by the Investigative Reporting Workshop at American University demonstrates how the Koch brothers have helped to derail climate change legislation. The conservative group Americans for Prosperity, which the Kochs bankroll, pushed lawmakers to sign a pledge not to vote for “legislation relating to climate change that includes a net increase in government revenue.”
From the study:
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A new two-year study by the Investigative Reporting Workshop at American University demonstrates how the Koch brothers have helped to derail climate change legislation. The conservative group Americans for Prosperity, which the Kochs bankroll, pushed lawmakers to sign a pledge not to vote for “legislation relating to climate change that includes a net increase in government revenue.”
From the study:
[I]n 2011 and 2012, Koch Industries Public Sector LLC, the lobbying arm of Koch Industries, advocated for the Energy Tax Prevention Act, which would have rolled back the Supreme Court’s ruling that the Environmental Protection Agency (EPA) could regulate greenhouse gases. The bill was sponsored by Rep. Fred Upton, R-Mich., and co-signed by 92 Republicans (and three Democrats), 61 of whom signed an anti-climate tax “pledge.” An economist with the American Council for Capital Formation — a nonprofit group that receives Koch money — testified about that same bill before the House Energy and Commerce Committee. Margo Thorning told members of the House in February 2011 that regulation of greenhouse gas emissions “makes little economic or environmental sense,” according to her testimony.
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