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Science Is the Key to Growth
New York Times, by Neil F. Lane
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Original Article
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Posted By:pineledger, 10/29/2012 7:23:30 AM
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| Houston--Mitt Romney said in all three presidential debates that we need to expand the economy. But he left out a critical ingredient: investments in science and technology. Scientific knowledge and new technologies are the building blocks for long-term economic growth — “the key to a 21st-century economy,” as President Obama said in the final debate. So it is astonishing that Mr. Romney talks about economic growth while planning deep cuts in investment in science, technology and education. They are among the discretionary items for which spending could be cut 22 percent or more under the Republican budget plan,
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Comments: Lane was the head of the National Science Foundation under Clinton. If nothing else, the NSF is a very political place, and grants are awarded accordingly.
I think we have seen enough of The Won's idea of "investment in science" -- think of Solyndra, et al.
Corporations have R&D departments, too. And they have a motive for getting it right, on time, and on budget.
Bill Gates and Steve Jobs were not, to my knowledge, funded by the NSF.
This is self-serving carping.
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Reply 1 - Posted by:
ruready?, 10/29/2012 7:28:59 AM (No. 8970880)
Fund SBIR (Small Business Innovative Research) grants if you want science related growth.
Do not fund these career academics that want to study algae harvesting techniques or global warming or the effect of oil spills on the mating habits of sea urchins.
Goofball.
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Reply 2 - Posted by:
country boy, 10/29/2012 7:56:44 AM (No. 8970923)
Most folks in government couldn't find their butts with both hands. Why give them money to channel into new anything?
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Reply 3 - Posted by:
Bazi, 10/29/2012 8:01:57 AM (No. 8970938)
Oh really Mr. Preezy. What happened to NASA? "Investments": Preezy just wants more money to pay off his bundlers.
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Reply 4 - Posted by:
sinic, 10/29/2012 8:19:44 AM (No. 8970974)
"Invest" in government research and education, which translates into more money for the Democrat voter base that slithers around academia...never teaching, just sucking up taxpayer money doing questionable research on abstract "science and technology" that has no benefit or appeal to the real world.
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Reply 5 - Posted by:
Blue-Z-Anna, 10/29/2012 8:29:34 AM (No. 8971001)
Sorry but leftists have undermined science itself by refusing to acknowledge any data that does not support their various dogmas.
Private enterprise based R&R will do just fine.
Education is also best when private.
The left corrupted education.....to tears.
The "Free Market of Ideas" is the ticket.
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Reply 6 - Posted by:
Conservativegirl, 10/29/2012 8:55:31 AM (No. 8971056)
What a hoot! The number of lib/progs in the entire country who have a true scientific/mathematic background and a command of the disipline's rigors can probably be counted on one hand. Science is not their strong suite by any means. Don't try this at home, libs! Leave it to the private sector.
Girl's Hubby
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Reply 7 - Posted by:
Constitutional, 10/29/2012 8:59:07 AM (No. 8971062)
Science that can't generate interest from private investors is junk science.
News Flash, NYT: There is nothing the private business world loves to do more than provide backing for innovative new technology... provided it actually WORKS and produces results. Sound business models are just as important as research to bring technology to the consumer.
In a related story, the landscape is littered with bankrupt tech companies run by shysters whose primary research project was "How To Get Government Money From Elected Morons And Then Vanish Into The Night"
The government should, like in so many other matters, mostly shut up and butt out.
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Reply 8 - Posted by:
bobgray2, 10/29/2012 8:59:32 AM (No. 8971066)
It isn't government that ought to be making those investments as they have a very, very, poor record of making wise investment choices. I believe that Romney has made statements to the effect that government should allow specific tax deductions for companies that invest their own money in research and development. This is a much better way to encourage science and technology than to just have the government throw money at politically connected companies.
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Reply 9 - Posted by:
krause, 10/29/2012 9:04:24 AM (No. 8971078)
The left really hates the business community. The obvious answer to our economy is a healthy growing economy, and these idiots reach for anything else as the solution. Pathetic.
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Reply 10 - Posted by:
Quigley, 10/29/2012 9:05:13 AM (No. 8971080)
Just any old "investment" Neil?
Or does it need to be good investment?
Ah, but Neil, that's where the problem lies! Anybody can invest, but not many people can make good investments.
Of course, you think a good investment is one where government power has rigged the payoff. But as far as science is concerned and real social utility, that doesn't count. That's called cronyism, because only the cronies benefit.
But then, that's why you support TelePrompTer.
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Reply 11 - Posted by:
philemon1967, 10/29/2012 9:23:53 AM (No. 8971144)
Science is NOT the key to growth. LIBERTY to innovate is the key to growth. This means allowing people to try even unpopular things to either fail or succeed ultimately. Sure, you can get innovation by shoving tons of money on the chance that one of those ventures will ultimately succeed but it is not the most efficient way to proceed when everyone else in the world is competing in more intelligent ways.
If you really want to advance science in the US, stop protecting the Education Department teachers by opposing school voucher programs. Let K-12 education become competitive again.
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Reply 12 - Posted by:
Bur Oak, 10/29/2012 10:01:21 AM (No. 8971237)
You know someone is trying to snooker you when they write about government investments or government investing. When you see these terms just replace investments and investing with waste and wasting.
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Reply 13 - Posted by:
msjena, 10/29/2012 10:11:51 AM (No. 8971262)
If there is money to be made off of scientific discoveries, why wouldn't private money be available for research? The NSF and other government grants support a lot of worthless projects that serve no other purpose than to subsidized the colleges and universities that receive the money.
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Reply 14 - Posted by:
Pepper Tree, 10/29/2012 10:12:02 AM (No. 8971263)
Slight expansion of Obama's (and the NYT theme): More "Green Tech" propagandists shoving their jive down the throats of school children while bad-mouthing all corporations is the key to economic growth.
Since Neil F. Lane is a reporter for America's most influential newspaper, I wonder if he's heard anything about something happening in Benghazi, Libya.
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Reply 15 - Posted by:
Lanielou, 10/29/2012 10:20:10 AM (No. 8971283)
"Science" investment used to mean for research & development. Under Obama, it means handing Billions to Buddies who pretend to start up a green business.... nothing at all to do with research... who pocket the cash & file bankruptcy.
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Below, you will find ...
Most Recent Articles posted by "pineledger"
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Most Active Articles (last 48 hours)
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Most Recent Articles posted by "pineledger"
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´My bangs are getting a little irritating´: Michelle Obama admits she already regrets her high-maintenance hairdo
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Daily Mail (UK), by Margot Peppers
Original Article
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Posted By: pineledger- 4/7/2013 7:43:42 AM
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Michelle Obama has admitted that she is already tired of the bangs she first sported in January. The First Lady said in an interview with Entertainment Tonight: ´Bangs are a day-by-day proposition. They´re starting to grow out, get a little irritating.´ Still, she hasn´t let her hairdo woes get her down. ´It´s okay,´ she said after her initial complaint. ´We´ll be good.´ The first indication that her hairstyle was becoming a burden came about last weekend, when Malia, 14, was spotted adjusting her mother´s hair during the White House Easter Egg Roll.
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U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%
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New York Times, by Catherine Rampell
Original Article
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Posted By: pineledger- 4/5/2013 9:23:27 AM
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For the 30th straight month, the United States economy added jobs in March, albeit still at a pace too sluggish to put a big dent in the backlog of 11.7 million idle workers. The nation’s employers increased their payrolls by 88,000 last month, compared with 268,000 in February, according to a Labor Department report released Friday. The unemployment rate, which comes from a different survey, ticked down to 7.6 percent from 7.7 percent. The slight decrease in the unemployment rate occurred not because more unemployed people got jobs,
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Bank of Japan launches easing campaign
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Wall Street Journal, by Takashi Nakamichi and Tatsuo Ito
Original Article
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Posted By: pineledger- 4/4/2013 8:54:41 AM
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Tokyo—The Bank of Japan [8301.JA +4.83%] is pulling out all the stops to get the economy out of deflation, its new governor said, after the central bank rolled out aggressive easing measures that surprised markets, pushing bond yields to an all-time low and boosting share prices. At his inaugural policy board meeting Thursday, Haruhiko Kuroda convinced the nine-member panel to agree to a major expansion of government bond purchases, including buying longer-term debt, which is designed to drive down longer-term rates. The BOJ also broke free from some self-imposed limits that the previous leadership under Masaaki Shirakawa adhered to.
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He Wears the Mask
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New York Times, by Ta-Nehisi Coates
Original Article
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Posted By: pineledger- 4/4/2013 6:41:02 AM
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The present darling of the right wing, Dr. Benjamin Carson, is a distinguished neurosurgeon who went from the depths of Detroit poverty to the heights of Johns Hopkins Hospital in Baltimore. But his current status among conservatives isn’t so much rooted in Carson’s redemptive rise from rags to respectability, as it is in the belief that he is, in the long winter of Obama, the one they’ve been waiting for. (Snip)He then cast himself as a victim of political correctness, besieged by white liberals — “the most racist people there are”
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How the I.R.S. Hurts Mothers
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New York Times, by Lilian V. Faulhaber
Original Article
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Posted By: pineledger- 4/4/2013 6:06:53 AM
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Boston--Lost in the debate between Anne-Marie Slaughter’s chronicle of the obstacles confronting career-oriented mothers and Sheryl Sandberg’s call to “lean in” is a crucial reality: taxes. Women — no less than other humans, it turns out — can be rational economic actors. The tax code starts with a bias in favor of couples in which one partner works and one stays home. (Snip) What does is the tax code’s treatment of child care.
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Did Putin Sink Cyprus?
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New York Times, by Ben Judah
Original Article
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Posted By: pineledger- 4/3/2013 5:58:03 AM
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Istanbul--The blue-glass skyscrapers of Moscow City — fragments of Russia’s boom-time dream — are visible from the Kremlin walls, within which there was once hope that those towers could supplant the West’s financial centers. When the sun sets behind them, you can see that many of the offices lie empty.In fact, the real hubs for Russian banking are in other countries. Moscow’s billionaires squirrel their fortunes abroad, and many businessmen register their companies as British, Dutch, Swiss or Cypriot — anything but Russian. Whistle-blowers would have us believe that even President Vladimir V. Putin stashes his money offshore.
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Lines Form as Cyprus Banks Reopen
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Wall Street Journal, by Joe Parkinson
Original Article
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Posted By: pineledger- 3/28/2013 7:17:05 AM
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Nicosia, Cyprus—-Lines formed outside banks in Cyprus´s capital early Thursday, but there was little sign of panic as the island´s lenders reopened after a two-week hiatus. Small groups of depositors—mainly numbering a few dozen, mostly pensioners—pressed to enter the banks as they formally reopened at noon (1000 GMT) local time. Police officers and security guards at Bank of Cyprus in Nicosia´s old town allowed eight depositors in at one time. (Snip)Some Cypriots said they would wait until the weekend to go to the bank, fearing that a rush might topple the very banks
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Europeans Planted Seeds of Crisis in Cyprus
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New York Times, by Andrew Higgins
Original Article
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Posted By: pineledger- 3/27/2013 4:52:22 AM
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Nicosia, Cyprus--When European finance chiefs explained their harsh terms for rescuing Cyprus this week, many blamed the tiny Mediterranean nation’s wayward banking practices for bringing ruin on itself. But the path that led to Cyprus’s current crisis — big banks bereft of money, a government in disarray and citizens filled with angry despair — leads back, at least in part, to a fateful decision made 17 months ago by the same guardians of financial discipline that now demand that Cyprus shape up.
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Hot Money Blues
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New York Times, by Paul Krugman
Original Article
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Posted By: pineledger- 3/25/2013 6:55:57 AM
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Whatever the final outcome in the Cyprus crisis — we know it’s going to be ugly; we just don’t know exactly what form the ugliness will take — one thing seems certain: for the time being, and probably for years to come, the island nation will have to maintain fairly draconian controls on the movement of capital in and out of the country. In fact, controls may well be in place by the time you read this. And that’s not all: Depending on exactly how this plays out, Cypriot capital controls may well have the blessing
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Cyprus Postpones Debate on Deposit-Tax Proposal
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Wall Street Journal, by Jenny Paris and Matina Stevis
Original Article
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Posted By: pineledger- 3/18/2013 8:47:25 AM
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Cyprus postponed for yet another day an emergency parliamentary session to discuss a bailout plan that will see the country´s bank depositors share part of the burden, the house speaker said Monday. The Cypriot parliament is now scheduled to meet Tuesday at 1600 GMT, house speaker Yannakis Omirou told reporters. The parliament had been due to meet Monday at 1400 GMT as the government sought to push the levy through parliament before banks reopened Tuesday after a three-day bank holiday. The vote delay means that the bank holiday will likely be extended for at least another day.
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Young Adults Retreat From Piling Up Debt
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Wall Street Journal, by Neil Shah
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Posted By: pineledger- 3/5/2013 6:40:38 AM
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Young people are racking up larger amounts of student debt than ever before, but fresh data suggest they are becoming warier of borrowing in general: Total debt among young adults dropped in the last decade to the lowest level in 15 years. A typical young U.S. household—defined as one led by someone under age 35—had $15,000 in total debt in 2010, down from $18,000 in 2001 and the lowest since 1995, according to a recent Pew Research Center report and government data. (Snip)In addition, fewer young adults carried credit-card balances and 22% didn´t have any debt at all in 2010
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Privatize Airport Security
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Commentary, by Michael Rubin
Original Article
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Posted By: pineledger- 3/5/2013 4:50:29 AM
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Rather than use sequestration to trim waste, the Obama administration has viewed the deadline—and the Republican desire to curtail spending—as an assault on big government. If it’s a choice between defending big government and hurting the individual, President Obama appears much more inclined to punish the individual, hoping that a backlash against government-instigated inconvenience will lead Republicans to cave.(Snip)Endless airport lines under sequestration are not about security, they are about the inability of a government agency to do its job with its available means.
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Most Active Articles (last 48 hours)
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McCain: ´I don´t understand´ GOP filibuster on guns
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Politico, by Jennifer Epstein
Original Article
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Posted By: JoniTx- 4/7/2013 12:18:14 PM
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Sen. John McCain says he doesn´t understand the threats from some of his Republican colleagues to filibuster a bill on background checks to buy guns. "I don´t understand it," the Arizona Republican said on Sunday of the threat coming from Sen. Rand Paul,Sen. Ted Cruz, Sen. Mike Lee and nine other Republicans. "The purpose of the United States Senate is to debate and to vote and to let the people know where we stand.” "What are we afraid of? ... If this issue is as important as we all think it is, why not take ... it up and debate?"
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´My bangs are getting a little irritating´: Michelle Obama admits she already regrets her high-maintenance hairdo
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Daily Mail (UK), by Margot Peppers
Original Article
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Posted By: pineledger- 4/7/2013 7:43:42 AM
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Michelle Obama has admitted that she is already tired of the bangs she first sported in January. The First Lady said in an interview with Entertainment Tonight: ´Bangs are a day-by-day proposition. They´re starting to grow out, get a little irritating.´ Still, she hasn´t let her hairdo woes get her down. ´It´s okay,´ she said after her initial complaint. ´We´ll be good.´ The first indication that her hairstyle was becoming a burden came about last weekend, when Malia, 14, was spotted adjusting her mother´s hair during the White House Easter Egg Roll.
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Why Obama´s ´Best-Looking Attorney General´ Comment Was a Gaffe
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The Atlantic, by Garance Franke-Ruta
Original Article
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Posted By: Oblio- 4/6/2013 6:51:15 AM
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President Obama´s biggest gaffe yesterday when speaking of California Attorney General Kamala Harris was not in flirtatiously complimenting her as "the best-looking attorney general," but in introducing an observation from the system of beauty into a forum that was about the system of power.What´s that, you say? Irin Carmon does a great job in Salon in laying out the bounds of propriety for when it´s appropriate to talk about a woman´s looks as a general matter. But I´ve long felt we lack a solid theoretical underpinning for easily discussing these issues, and why precisely it is that
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Broadcasters worry about ´Zero TV´ homes
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Associated Press, by Ryan Nakashima
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Posted By: Ribicon- 4/7/2013 2:43:40 PM
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Los Angeles — Some people have had it with TV. They´ve had enough of the 100-plus channel universe. They don´t like timing their lives around network show schedules. They´re tired of $100-plus monthly bills. A growing number of them have stopped paying for cable and satellite TV service, and don´t even use an antenna to get free signals over the air. (Snip) Last month, the Nielsen Co. started labeling people in this group "Zero TV" households, because they fall outside the traditional definition of a TV home. There are 5 million of these residences in the U.S., up from
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Christians, here´s why we´re losing our religion
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Fox News, by Craig Groeschel
Original Article
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Posted By: STLstudent- 4/7/2013 5:13:55 PM
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Recent research indicates that the number of people who do not consider themselves a part of an organized religion is steadily on the rise. Interestingly enough, though the number of those religiously unaffiliated is increasing, there is little to no trend in the number of those who express atheist or agnostic beliefs. People aren’t saying they don’t believe in God. They’re saying they don’t believe in religion. They are not rejecting Christ. They are rejecting the church. This begs the question, “Why are we losing our religion?”
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Mother Of Slain Benghazi Officer To Sean Hannity: ‘They Want Me To Shut Up’
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Mediaite, by A.J. Delgado
Original Article
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Posted By: StormCnter- 4/7/2013 5:00:16 AM
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On Friday, Sean Hannity brought Pat Smith, mother of the late Sean Smith, on his radio program. The 34-year-old information management officer was one of four Americans murdered in the Benghazi embassy attack on September 11, 2012. In the chilling interview, a distraught Ms. Smith, in tears, pleaded for answers and spoke of the efforts to silence her. Ms. Smith first relayed how her son, prior to the attack, requested additional security in advance and warned the State Department: He did tell them, ahead of time, he typed it into his little typewriter over there,
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Hillary Clinton Would Not ´Clear the Field´ for 2016
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New Republic, by Tod Lindberg
Original Article
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Posted By: StormCnter- 4/6/2013 5:22:36 AM
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No one is more preoccupied these days with Hillary Clinton´s 2016 plans than the Beltway political class—not even the former presidential candidate herself. To hear some tell it, her decision will be dispositive for all other Democrats thinking of entering the race. And pundits and reporters aren´t the only ones positing the "The Hillary Factor": No less than the House Democratic whip, Steny Hoyer, told BuzzFeed, “I don´t know that anybody would run against Hillary…. If she runs, she clears the field.” It´s an understandable conclusion, given Clinton´s stature in the Democratic Party and her 70 percent
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Obama critic apologizes for his ´poorly chosen words´ on gay marriage
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The Hill [Washington DC], by Alexandra Jaffe
Original Article
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Posted By: JoniTx- 4/6/2013 12:18:19 PM
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Neurosurgeon Ben Carson, considered by some to be a potential Republican contender for president, apologized to Johns Hopkins University for the "poorly chosen words" he used in expressing his opposition to gay marriage last month.“I am sorry for any embarrassment this has caused,” Carson said in the letter, reported in New York Magazine.(Snip) "Although I do believe marriage is between a man and a woman, there are much less offensive ways to make that point. I hope all will look at a lifetime of service over some poorly chosen words.” Carson will remain as commencement speaker at Johns Hopkins,
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Vanishing workforce weighs on growth
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Washington Post, by Jim Tankersley
Original Article
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Posted By: Dreadnought- 4/6/2013 11:28:59 PM
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Put out an all-points bulletin: Millions of Americans have gone missing from the workforce. Every month that those would-be workers are gone raises the odds that they might never come back, dimming the prospects for future economic growth. The vanishing trend is more than a decade old, but it accelerated during the Great Recession. Throughout 2012, economists held out hope that it had stopped. But then came Friday’s jobs report, and hopes were dashed. The Labor Department reported that the U.S. labor force — everyone who has a job or is looking for one — shrank
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The Secrets of Princeton
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New York Times, by Ross Douthat
Original Article
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Posted By: Oblio- 4/7/2013 8:08:09 AM
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Susan Patton, the Princeton alumna who became famous for her letter urging Ivy League women to use their college years to find a mate, has been denounced as a traitor to feminism, to coeducation, to the university ideal. But really she’s something much more interesting: a traitor to her class. Her betrayal consists of being gauche enough to acknowledge publicly a truth that everyone who’s come up through Ivy League culture knows intuitively —
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Beyonce, Jay-Z celebrate 5th anniversary in Havana, Cuba
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Los Angeles Times, by Nardine Saad
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Posted By: Fiesta del sol- 4/6/2013 8:20:04 AM
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Beyonce and Jay-Z celebrated their fifth wedding anniversary in Cuba this week. The couple, who married on April 4, 2008, took in the sights of Old Havana, visited a school, dined on a rooftop terrace and strolled the fan-filled streets in their island best.(snip).The power couple declined to answer journalists´ questions about their visit to the island nation, but some outlets are reporting that the moguls are there as tourists, though that would be illegal because of the half-century embargo the U.S. has on the Communist country. However, the Miami Herald said Washington has issued special licenses for
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