User: newstrust Topic: US Economy
Category: Jobs
Last updated: Aug 01 2015 12:49 IST RSS 2.0
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U.S., Pacific Rim trade talks fail over dairy, sugar 1.8.2015 LA Times: Commentary
Top trade officials for the U.S. and 11 other Pacific Rim countries on Friday failed to conclude a major free-trade agreement -- a setback for President Obama and his bid to clinch a deal that has been marked by repeated challenges at home and abroad.
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China's large manufacturers stall as demand weakens at home and abroad 1.8.2015 The Guardian -- Front Page

The latest survey of the huge factory sector shows only very sluggish growth, fuelling expectations of more government stimulus

Growth at China’s big manufacturers unexpectedly stalled in July as demand at home and abroad weakened, an official survey showed on Saturday, reinforcing views that the economy needs more stimulus as it faces fresh risks from a stock market slump.

The official purchasing managers’ index (PMI) stood at 50.0 in July, compared with the previous month’s 50.2. The 50-point mark separates growth from contraction on a monthly basis.

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Hawaii trade talks stall over dairy, pharmaceuticals and auto concerns 1.8.2015 Washington Post: Politics
A deal is still possible by year’s end, but 2016 politics could complicate its chances for ...
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Why Homejoy Failed … And The Future Of The On-Demand Economy 1.8.2015 techCrunch
 On the heels of Homejoy’s failure, the fundamental “on-demand marketplace” model has come into question by investors, the media and even consumers. That questioning is very relevant, as there has been an overload of VC money that has been injected in the on-demand service platform space over the past few years ($4 billion-plus in 2014). Read ...
Fox News tackles the transgender conspiracy against urinals 1.8.2015 Daily Kos
Fox News anchor Bill O'Reilly and his guest Bernard McGuirk were engaged in some pretty illuminating discussion on misgendering and proper pronoun use when McGuirk suddenly stumbled on an original thought. McGuirk then bemoaned that “their goal is to have gender-neutral locker rooms, gender-neutral bathrooms” and that “they want to get rid of urinals.” Now that is brilliant. And frankly, I find it a little sad that the women's movement has been mucking around for all these years on things like equal rights and equal pay and bra burning when we could have been destroying urinals! I mean, talk about really leveling the playing field. You gotta hand it to trans folks for really hitting 'em where it hurts. But maybe Fox really started a conversation because the next night The Daily Show aired a segment in which reporter Jordan Klepper went to Eureka Springs, Arkansas, to interview Randall Christy, who is very concerned about transgender people using the bathroom. Zack Ford details the exchange: CHRISTY: ...
Cartoon: G.O.P. stunts for the spotlight 1.8.2015 Daily Kos
Click to enlarge. The election is still very far away, and Donald Trump is sucking up all the media oxygen from every other candidate. He's also leading the Republican field in the polls, which is hilarious. Claims that Trump is more extreme than his peers are untrue. He's just not using the dog whistles and Luntz-speak to apply a veneer of respectability to his terrible impulses and "ideas." As a Star Trek nerd, I was deeply offended that Ted Cruz thinks Captain Kirk would be a Republican. Not only is this untrue, but Star Trek depicts a futuristic socialist interstellar government that has advanced beyond capitalism. Thankfully, Shatner shut him down: Star Trek wasn't political. I'm not political; I can't even vote in the US. So to put a geocentric label on interstellar characters is ...
Midday open thread: Previews, trademarks and jackasses 1.8.2015 Daily Kos
Puke : A fund has been set up to support the legal defense of former House Speaker Dennis Hastert, who is facing federal charges of evading bank reporting requirements and lying to the FBI in connection with $1.7 million he allegedly paid to a longtime acquaintance to cover up past misconduct. The creation of the fund was revealed in a Federal Election Commission report filed late Thursday that showed Hastert shut down his “Keep Our Mission” leadership PAC at the end of June and donated $10,000 — the vast bulk of its remaining cash— to the new defense fund: the J. Dennis Hastert Defense Trust. Asshole(s) : The Helena National Forest is investigating the vandalism of ancient pictographs in Hellgate Canyon southeast of Helena. The pictographs, also called rock art, were painted on the canyon walls by Native Americans between 200 and 2,000 years ago, said Mark Bodily, forest archaeologist and Heritage Program manager for the Helena and Lewis and Clark National forests. Tsk, tsk, tsk (And yeah, I'd believe ...
Ted Cruz blasts Mitt Romney for getting 'clobbered' in the debates 1.8.2015 Daily Kos
Former Republican presidential candidate and current leather couch warmer Mitt Romney criticized Sen. Ted Cruz on Twitter this week for Cruz's repeated statements that President Obama was financing terrorists, "snuggling up" to our enemies, and those various other things that dribbled from Cruz's McCarthyite mouth in his fury over the Iranian nonproliferation deal. Cruz will be having none of that, obviously . "So Mitt Romney's tweet today said, 'Gosh, this rhetoric is not helpful,'" Cruz said on KFYO. "John Adams famously said, 'Facts are stubborn things.' Describing the actual facts is not using rhetoric; it is called speaking the truth." "Part of the reason Mitt Romney got clobbered by Barack Obama is because we all remember that third debate where Barack Obama turned to Mitt and said, 'I said the Benghazi attack was terrorism and no one is more upset by Benghazi than I am.' And Mitt, I guess listening to his own advice, said, 'Well gosh, I don't want to use any rhetoric. So OK, never mind. I'll just ...
Mike Huckabee: I won't rule out using federal troops and the FBI to prevent abortion 1.8.2015 Daily Kos
Whoa, whoa—slow down there, big fella. On the war on women, Republican presidential candidate Mike Huckabee once said: “I think it’s time Republicans no longer accept listening to the Democrats talk about a 'war on women,'" Huckabee said during a speech at the Republican National Committee's winter meeting in Washington. "The fact is the Republicans don’t have a war on women, they have a war for women, to empower them to be something other than victims of their gender.” Now, less than two years after that statement, Huckabee hints he would have an all-out real war on women's private health decisions, troops and all: Republican presidential candidate Mike Huckabee indicated Thursday that if elected, he wouldn’t rule out employing federal troops or the Federal Bureau of Investigation to stop abortion from taking place in the United States. Though the U.S. Supreme Court ruled against bans on abortion, Huckabee said past presidents have defied Supreme Court rulings. Supreme Court and laws of the land be ...
Why are so many millennials still in the basement? 1.8.2015 Chicago Tribune: Opinion
Why are so many millennials still in the basement?
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Walker Wants To Lift People Up Through The Education System He Broke 1.8.2015 Crooks Liars
Scott Walker bragged on the curvy couch about his tough on foreign policy stance. More specifically, he'd reinstate the Patriot Act and only use it to spy on those who intend to commit acts of terror. He'll know which data is good and which is useless, so if you're worried about Scotty Boy Walker eavesdropping on your private life, rest assured. He is a professional liar politician who just has keen insight and instincts. After they addressed Walker's foreign policy bona fides, the issue of the economy came up. Walker claimed that 1. he helped lower the unemployment rate from 8% to 4.6% as if he's one of the most successful governors. The reality: The fact is that over Walker’s full term in office, which began Jan. 3, 2011, the state’s job gains have been well below the national average, and rank (in percentage terms) only ninth among all 12 Midwestern ...
Extended slump in oil taking toll on industry, economy 1.8.2015 AP Business
NEW YORK (AP) -- As drivers, shippers and airlines continue to enjoy lower fuel prices, the oil industry is responding to much lower profits with sharp cuts in spending and employment that are hurting economic growth....
Can Jeb! survive the Trump debate offensive? 31.7.2015 NewsTrust Yahoo Pipes Feed
Mark you calendars, folks, for Thursday, August 6. Best debate ever. Imagine a NASCAR driver mentally preparing for a race knowing one of the drivers will be drunk. That's what prepping for this debate is like — John Weaver (@JWGOP) July 27, 2015 Jeb!'s screwed. Everyone and their brother has advice for him. Don't wrestle with a pig. Be witty, funny, substantive. Stay above the fray. “He needs to punch Donald Trump in the nose, but do it with a smile on his face,” an Iowa Democrat said. “He should be funny and confident, but do everything he can to poke holes in his gasbag facade.” “They all need to remember that Reagan’s classic “there you go again” line [to Jimmy Carter] was delivered not with a snarl and a smirk but rather with a smile and a shrug,” a New Hampshire Republican said. “Donald Who? Allow others to seek media attention with attacks on Trump. Bush needs to be above the fray, because, frankly, he IS above the fray,” said a New Hampshire Democrat, who like all participants was granted ...
Brazilian households struggling with debt 31.7.2015 Financial Times US
Survey shows Brazil hit hardest among regional peers as unemployment and borrowing costs rise
Starbucks comes to Englewood 31.7.2015 Chicago Tribune: Opinion
What does it mean that, by next summer, residents of a troubled Chicago neighborhood will be able to order a shot of wheat grass, then head next door for a grande quad nonfat one-pump no-whip ...
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Telecom Lobbyists Ignore 2,000 FCC Complaints, Demand Government Undo Net Neutrality In Lawsuit 31.7.2015 Think Progres

Lobbyists representing almost every major telecom company have called on a federal court to overturn the Federal Communications Commission’s (FCC) net neutrality rules implemented earlier this year.

The post Telecom Lobbyists Ignore 2,000 FCC Complaints, Demand Government Undo Net Neutrality In Lawsuit appeared first on ThinkProgress.

This is what Donald Trump should say to win next week’s debate 31.7.2015 Washington Post: Politics
This is what Donald Trump should say to win next week’s debate
Right-Wing Shutdown Of Export-Import Bank Already Threatens Jobs 31.7.2015 NewsTrust Yahoo Pipes Feed
Conservatives deride using government to help American companies export their goods as "picking winners and losers," even when the winners are American exporters and workers. So Republicans have closed the Export-Import (Ex-Im) Bank, hopefully temporarily. The Ex-Im Bank provides financing guarantees to customers of American exporters if they cannot obtain financing elsewhere. This helps American companies make the sale. Since congressional Republicans allowed the bank's authority to expire earlier this month, credit insurance that customers of U.S. exporters had depended on for a purchase is not coming through. Bids have to be cancelled or rewritten. Somewhere around 3,000 smaller U.S. exporters who relied on the bank are feeling the heat. Larger companies like Boeing and Caterpillar are also feeling the heat, of course, but at least they have resources to handle it, for now. However, if the bank's charter is not renewed even they will have to take steps, and those steps will hurt our job situation and ...
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Clinton skewers Jeb!'s 'Right to Rise' rhetoric at National Urban League 31.7.2015 Daily Kos
Hillary Clinton didn't waste any time Friday impugning Jeb!'s "Right to Rise" campaign slogan by highlighting his plans to phase out Medicare and repeal Obamacare and his criticisms of a federal minimum wage and affirmative action. Here she is addressing the National Urban League: “I don’t think you can credibly say that everyone has a right to rise and then say you’re for phasing out Medicare, or repealing Obamacare,” Clinton charged. “People can’t rise if they can’t afford health care. They can’t rise if the minimum wage is too low to live on. They can’t rise if their governor makes it harder for them to get a college education. And you can’t seriously talk about the right to rise and support laws that deny the right to vote.” Clinton was the first presidential candidate to speak at the annual conference, where Jeb! was scheduled to speak later. His campaign spokespeople weren't too thrilled with Clinton's reality check. Clintonesque move to pass over chance to unite in favor of a false cheap shot. ...
Yesterday's taxi and hotel laws don't work for today's Uber and Airbnb 31.7.2015 LA Times: Commentary
To the editor: Dave Rochlin's op-ed article on the sharing economy misses the mark. ("When 'innovation' means rule-breaking," op-ed, July 27)
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