Another accomplishment for fracking
Comments »Foreclosures Previously Held Off the Market Come on and Crush Many Cities
Mortgage Applications Rise on Refinancing Activity
VAGRANTS: THIS IS OCCUPY WALL STREET #OWS
“I have the police in here 10 times a day, [and] I’m the bouncer. I’ve been called the spawn of the devil. “It’s unbelievable what goes on in here every day, ” Tzortzatos said.
And on Friday, she said, a crazed squatter burst into the shop and demanded that workers fill a 10-gallon container of water.
When they refused, “he banged it on the ground and started yelling” and threatened the staff, she said.
“He said he was entitled to have it for free.”
Tzortzatos said the unsafe conditions begin at around 5 p.m. every day, when “they come from the park drunk, under the influence of something.
“They use one of our doorways as a bathroom, and we have to scrub it down every morning.
“I’ve had people come in here and yell, ‘Boycott! Boycott!’
“They unplugged my ATM machine and plugged in their computers,” Tzortzatos said.
Comments »Obama Health Care Reform Ruling: Appeals Court Upholds Law
A conservative-leaning panel of federal appellate judges on Tuesday upheld President Barack Obama’s health care law as constitutional, helping set up a Supreme Court fight.
A panel of the U.S. Court of Appeals for the District of Columbia issued a split opinion upholding the law. The court agreed to dismiss a Christian legal group’s lawsuit claiming the requirement that all Americans get health insurance is unconstitutional and violates religious freedom.
The requirement has been the subject of several lawsuits, with some judges across the country ruling it unconstitutional and others upholding the law. That means the Supreme Court is sure to decide the fate of Obama’s signature law. The high court is expected to decide soon, perhaps within days, whether to accept appeals from some of those earlier rulings.
The suit in Washington was brought by the American Center for Law and Justice, a legal group founded by evangelist Pat Robertson. It claimed that the insurance mandate violates the religious freedom of those who choose not to have insurance because they rely on God to protect them from harm. But the court ruled that although the requirement is an encroachment on individual liberty, Congress had the power to pass it to ensure that all Americans can have health care coverage.
“The right to be free from federal regulation is not absolute and yields to the imperative that Congress be free to forge national solutions to national problems,” Judge Laurence Silberman, an appointee of President Ronald Reagan, wrote in the 2-1 opinion. Silberman was joined by Judge Harry Edwards, a Carter appointee.
Judge Brett Kavanaugh, a former top aide to President George W. Bush who appointed him to the bench, disagreed with the conclusion without taking a position on the merits of the law. He wrote a lengthy opinion arguing the court doesn’t have jurisdiction to review the health care mandate until after it takes effect in 2014.
Comments »Seven in Ten Blame Economy for Not Hiring
Basically 77% of small business owners have no intentions of hiring near term.
Comments »Mortgage Delinquencies Spike
Uncle Sam’s Housing Credit Puts More Home Owners in Negative Equity
Skousen: Actual Unemployment Rate Is at ‘Great Depression Level’
Beyond U6 at 16% Skousen says were around 20% and nearing great depression levels.
Some how it does not feel that way, but numbers do not lie….the men behind the numbers make a pitch and then you buy.
Comments »Lunch Break: Drink Up
Most of the Unemployed Said Not to be Receiving Benefits
S&P Sales Show Slower Growth is Fast Becoming Myth
One-Term Obama? A Year Until US Election Day
bama could be a one-term president.
The election in 2008 may have been the most exciting for years culminating in the country’s first black president but three years on, most Americans believe he will not be re-elected, according to some polls.
We followed Mr Obama’s route through North Carolina last month to gauge his chances.
Winning the state, albeit with the slimmest majority, was a crucial part of his election strategy in 2008.
Asheville builder Brad Rice, whose company Bellwether Design and Build has contracted in the Obama economy and laid off workers, remembers Obamamania well.
“It was just exciting. Just something new. He had a lot of good ideas and it just seemed after eight years of George Bush everybody was ready for a change.”
But he says the excitement has “worn off” and America has come down to reality: “He said some things and he just hasn’t been able to get them done.”
In February 2009 Mr Obama himself doubted his chances of re-election if he could not get the economy back in shape.
“A year from now I think that people are going to see that we’re starting to make some progress,” he told NBC News.
“But there’s still going to be some pain out there. If I don’t have this done in three years then there’s going to be a one term proposition.”
So far the economy President Obama inherited from George Bush, already in poor shape, has not improved on his watch.
Growth is a sluggish 2.5%, unemployment a politically radioactive 9% at least.
Local banker David Wooten met the President at the barbecue restaurant he dropped in on in North Carolina and reckons Mr Obama should be worried.
“This area has been hit by unemployment, factories closing. We’ve had 10% unemployment for a long time and it’s the economy in a lot of cases that affects the election. He’ll probably have an uphill battle here.”
Since Mr Obama toured the state, economic figures have improved but only marginally and, more worryingly, the long-term outlook is equally depressing.
A few days after he swept through the mountain town of Boone, we talked to Philip Ardoin, politics professor at the Appalachia State University.
Mr Obama will not want to hear his analysis.
“I would give him a less than 10% chance of re-election right now.
“Because of the dire situation America is in, and the American people, and that is not necessarily justified, hold the President responsible for the economic situation. And as a result they’re going to look for an alternative.”
Comments »Flash: 5.8 Earthquake Reported in Oklahoma
Hot Luxury Gifts for the Holidays in 2011
SHOCK VIDEO: MORE VIOLENCE IN #OCCUPY OAKLAND
REVENGE AGAINST WOODSHEDDER! Obama Snubs World Series Champs
Due to iBankCoin’s own @Woodshedder being both an ardent political conservative/libertarian and St. Louis Cardinals baseball fan, President Obama has sought and carried out revenge.
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Was President Barack Obama too busy watching the “Operation Repo” marathon or something else last Friday night?
When KMOX host Charlie Brennan asked now-retired St. Louis Cardinals manager Tony La Russa how the traditional call of congratulations from the White House went, La Russa suddenly realized that…it never happened.
“That’s a good point, I hadn’t really even thought about that,” replied a surprised-sounding La Russa, who can be forgiven for having a few other things on his mind over the past week. “As we were getting into the World Series we had a call from the White House to make sure they had the correct number for my office.”
But as the wild, champagne-drenched celebration of the team’s 11th World Series title was going on in the locker room, that phone never rang.
“We never did get a call,” La Russa said.
And all this despite the fact that the First Lady, Michelle Obama, was in town for Game 1 of the World Series.
“Very impressive, too.” La Russa recalled of his meeting with the First Lady.
Obama didn’t immediately phone last year’s World Series champions, either. But the San Francisco Giants did hear from him eventually:
And the President also hosted the Giants at the White House this summer, where he congratulated them personally.
Whether or not President Obama picks up the phone, or invites him and his team to Washington, TLR doesn’t seem too worried about the apparent slip in postgame protocol.
He’s packing up his things and getting ready to “head west” for the next phase of his life.
La Russa will vacate his office at Busch Stadium as of Friday.
He’s contemplating his next step, which could be buying a minor league ballclub, writing his memoirs, or simply pursuing one of his passions…reading.
He’s currently checking out “The Affair” by Lee Child.
La Russa also said that if asked, he would come back to manage the National League squad during next summer’s All-Star Game, which he earned by guiding the Cardinals to the NL pennant.
Comments »State of Union
U.S. Infrastructure Spending Falls As We Need it the Most
Is it fair to say that reckless governance and potentially criminal banking behavior has halted our ability to spend where we really need it ?
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