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With Office of Management and Budget fact sheets in hand, President Obama warned of dire cutbacks and consequences should sequestration go into effect March 1. The cuts happened, White House tours have been halted, and the administration swears it’s not overreacting to the bare-bones budget directive. But in the days since the hammer of sequestration fell, the federal government is hiring anew. A search tonight of the USA Jobs federal employment website, filtered [...] Robert Wenzel Operators of small businesses are going to be cutting full time employees throughout 2013 to under 50, to stay under the Obamacare tax. Here’s the thinking of one small business owner: Here is what I am doing for the rest of the year — working with every manager in my company so that as of January 1, 2013, none of our employees are working more than 28 hours a week. I think [...] UPDATED 09/11/12 – 5:34 p.m. CHICAGO (CBS) – The Chicago teachers’ strike appeared likely to enter a third day, as Chicago Teachers Union President Karen Lewis told a large crowd of teachers downtown that it’s “lunacy” to think a deal will be reached by the end of the day Tuesday. Both sides were back at the negotiating table Tuesday morning to try to hammer out a deal. Efforts to do so failed Monday [...] From The Stock Sage: Quite simply, there are a lot of positive signs out there for equity bulls. Last Thursday morning, if one were to have scripted a bullish scenario for how the next four trading sessions would play out, I don’t think anyone could have come up with a better sequence of events than that which we have experienced: Hammer reversal on Thursday, powerful broad-based rally on Friday, low volume pause/pullback [...] CLEARWATER — This city could soon outlaw a harrowing crime: sitting. Sitting or lying down on sidewalks or other public rights of way on Clearwater Beach, downtown or in the East Gateway neighborhood could mean a $500 fine, 60 days in jail or both. The sitting ban is among a flurry of new ordinances the City Council will consider Monday as part of its crackdown on homeless people. The council also could drop [...] Moody’s cuts long-term debt and deposit ratings for 28 Spanish banks between one and four notches. The move comes in the wake of this month’s downgrade of the country’s sovereign debt. The only banks rated above the sovereign: Banco Santander (SAN) and Santander Consumer Finance, for diversification and sufficient Tier 1 capital. via Zerohedge: The long anticipated downgrade of the recently bailed out Spanish banking sector has arrived. Moody’s just brought the [...] Infowars.com Derrin McBreen reports the latest on Ron Paul’s ongoing campaign. Raul Ilargi Mendoz, The Automatic Earth I like that title, The Truth About Europe: There Is No Solution. But I don’t think it can all be summed up, the reasons why I mean, in one article. So I think I’ll make it a running series. Still, whatever data we can look at, past, present and future, none of it will make an essential difference. The title stands: There Is No Solution For [...] SANFORD, Fla. — Two men were arrested in Sanford on attempted murder charges after trying to kill another man with a hammer, the Seminole County Sheriff’s Office said on Monday. Deputies said Julius Bender, 18, and Yahaziel Israel, 19, were charged with attempted homicide, burglary with assault or battery, and armed burglary. Investigators said Bender and Israel beat a 50-year-old man with a hammer inside his vehicle and then took him into the woods near [...] A nearly intact skeleton of a Tyrannosaurus bataar – a cousin of the fearsome Tyrannosaurus Rex – has been sold at auction for $1.05million – but controversy rumbles on about the legality of the sale. The auction, held in New York on Sunday, has been disputed by the Mongolian government, which has questioned whether the dinosaur was obtained legally. The dinosaur was found in the Gobi desert – but it is unknown [...] Experiment began in 1927 to prove pitch is a liquid It’s the world’s longest-running experiment – and the very, very patient scientists in charge are waiting for a single [...]
Billionaire vulture investor Wilbur Ross told CNBC: I think the greatest bubble that is about to burst is the 10-year and longer Treasury, because the idea that inflation is gone forever and for all time, and therefore these artificially low rates can last, is silly. There is absolutely no reason to own long-term Treasury securities. Interest rates are heading up across the yield curve short-term rates and long-term rates. When CNBC notices the problem, [...] A Florida woman who reportedly became incensed while watching TV’s Judge Judy was arrested Sunday after she allegedly struck her husband on the head with a hammer. Janet Knowles, 62, was charged with aggravated battery following the bizarre 10:30 AM incident at a residence in Jupiter. Knowles, seen in the above mug shot, is locked up in the Palm Beach County jail in lieu of $10,000 bond. Read more: http://www.thesmokinggun.com/buster/battery/judge-judy-spurs-attack-758941 (Reuters) – The U.S. Postal Service has agreed to a five-month moratorium on closures of post offices and processing facilities while lawmakers hammer out legislation to overhaul the cash-strapped mail carrier, a group of U.S. senators said on Tuesday. The Postal Service was studying about 3,700 money-losing post offices for possible closure starting in February 2012, and considering closing hundreds of processing centers in April. The senators said USPS officials agreed to [...] Some celebrities may have soured a bit on President Barack Obama, but not Chris Rock. The comedian and actor told fellow comedian Marc Maron on the “WTF with Marc Maron” podcast that he’s “fine with the president,” if only because he understands that the president has to keep his most aggressive policies on the back burner until he earns a second term. “There’s a f——— art to the first term because you’re [...] The European Central Bank has called on national governments to now do their part to ease the debt burden. Jean-Claude Trichet spoke ahead of a key meeting of world finance ministers, who are gathering in Paris to hammer out solutions to the crisis. The Fitch agency has also downgraded Spain’s rating, as well as the creditworthness of several UK and Swiss banks. And Portugal [...] These high cost to start farming articles describe conventional (chemical) commodity farming. Not the farming we need anymore of. If you can afford a small house in town, then you can afford a small house in the country with enough acres to start raising vegetables, flowers, cattle, chickens, etc for little more than the cost of the land. In Cody Holmes’ book Ranching Fulltime on 3 Hours a [...] WASHINGTON (AP) — News flash: Congressional Republicans want to raise your taxes. Impossible, right? GOP lawmakers are so virulently anti-tax, surely they will fight to prevent a payroll tax increase on virtually every wage-earner starting Jan. 1, right? Apparently not. Many of the same Republicans who fought hammer-and-tong to keep the George W. Bush-era income tax cuts from expiring on schedule are now saying a different “temporary” [...] PORT ST. LUCIE, Fla. — A Florida teenager is accused of killing his parents and then throwing a house party inside their Port St. Lucie home.Police said 17-year-old Tyler Hadley used a hammer to kill Blake and Mary-Jo Hadley on Saturday.Police went to the home at 371 Northeast Grandeur Ave. early Sunday morning after getting an anonymous tip that a teenager had murdered his parents and that [...] A Detroit father said agents with the Transportation Security Administration singled out his special-needs son for a pat-down while the family was headed to Disney World, MyFoxDetroit.com reported, an incident that the TSA admitted was a “case of bad judgment.” David Mandy said agents at Detroit Metro Airport took his son Drew, 29, and asked him about the padding underneath his pants, which turned out to be [...] ROMULUS, Mich. (WJBK) – The Mandy family says they were on their way to the happiest place on earth (Disney), but had to go through hell to get there. “I realize they’re trying to keep people safe, but come on, does he look like a terrorist?” said Dr. David Mandy. The family was going through security when two TSA agents singled Drew Mandy out for a special [...] by outpatient Who benefits from investing in rising commodity prices? Could it be the Fed’s actions don’t help anyone other than those who are already very very wealthy, at the expense of those who are rank and file workers and mid-level folks? The situation only gets worse for all those not at the top, despite the fact that the Fed covers QE2 by making reference to struggling middle-class homeowners? Why [...] Look for states to suffer a collapse similar to the banking industry implosion of 2008 as crippling deficits come back to haunt them, outspoken analyst Meredith Whitney said Tuesday (video). Whitney, famous for calling the financial sector crisis, warned banks aren’t out of the woods yet, predicting a sharp drop in housing prices and shrinking trading revenues will decimate Q4 earnings. “The similarities between the states [...] |
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