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.
Comments: Does this Bank Holiday tactic remind anyone else of the Christmas Eve surprise we all got in 2008?
If the fed can get its wish of no real money, just electronic money, we can be "taxed" at any time the government deems necessary. If Cyprus goes ahead with this, plan on seeing it at your neighborhood bank soon.
Here we go. Pope Francis ran into this in Argentina, what will he say now when the austerity measures come to Italy. This is already being discussed. This sort of draconian measure is made necessary by the spending which is already done and nobody can be sheltered from the cost of it. America is not exempt Obama is making this inevitable every day!
In a major rant at radio host Sway Calloway this week Kanye West went full tilt against the fashion establishment that is preventing him from unleashing his artistry-in-apparel on the world: “I am Warhol. I am the No. 1 most impactful artist of our generation. I am Shakespeare in the flesh. Walt Disney. Nike. Google. Now, who’s going to be the Medici family and stand up and let me create more? Or do you want to marginalize me til I’m out of my moment?” Dear Kanye Warhol-Shakespeare-Disney-Google-West, So you want to be a fashion designer! You actually did launch a
PHILADELPHIA--A horse pulling a buggy with an Amish family aboard in rural Pennsylvania was struck by a bullet fired from a moving car and later died, police said on Tuesday.(Snip)"At the time, they believed it was a firecracker," Weaver said. "They didn´t realize it was a gunshot." The family continued home, where they realized the animal had been injured. "When they got to the farm, the farmer noticed blood from the horse´s mouth," Weaver said. The horse died before a veterinarian arrived.
The Treasury Department said on Thursday that it would sell its remaining shares in General Motors by year’s end, allowing the government to finally sever ties to the bailed-out automaker a few months sooner than expected.(Snip)Barring a sudden jump in G.M.’s stock price, the government is on track to lose about $10 billion on its investment. So far, it has recovered about $38.4 billion. By contrast, other rescue efforts, including the bailout of the American International Group, have generated profits for taxpayers. But administration officials have long argued that the aim was not to make a profit from its investments
WASHINGTON — A mutiny has erupted among photographers who cover President Obama over what they say is the White House’s increasing practice of excluding them from events involving the president and then releasing its own photos or video.(Snip)“As surely as if they were placing a hand over a journalist’s camera lens,” the three-page letter said, “officials in this administration are blocking the public from having an independent view of important functions of the executive branch of government.” The Obama administration has embraced social media as a way to get its message to the public beyond the traditional news media.
Secretary of State John Kerry just scrapped 190 years of U.S. foreign policy in Latin America, casually declaring the Monroe Doctrine is over.Why didn´t he just ring the dinner triangle for Russia, China, Iran and their terrorist catspaws to set up shop, too? "President James Monroe," Kerry told the Organization of American States in Washington Monday, "declared that the United States would unilaterally, and as a matter of fact, act as the protector of the region... And throughout our nation´s history, successive presidents have reinforced that doctrine and made a similar choice. "Today, however, we have made a different choice. The
After allegations were made about the legitimacy of the author´s account of the attack on the U.S. diplomatic compound in Benghazi, Libya last September, Simon & Schuster has halted publication and sale of The Embassy House: The Explosive Eyewitness Account of the Libyan Embassy Siege by the Solider Who Was There, by Sgt. Morgan Jones and Damien Lewis. "In light of information that has been brought to our attention since the initial publication of The Embassy House, we have withdrawn from publication and sale all formats of this book, and are recommending that booksellers do the same," said Jennifer Robinson,
AVANNAH, Ga. — The uninsured pour into Memorial Health hospital here: the waitress with cancer in her voice box who for two years assumed she just had a sore throat. (Snip) Now, in a perverse twist, many of the poor people who rely on safety-net hospitals like Memorial will be doubly unlucky. A government subsidy, little known outside health policy circles but critical to the hospitals’ survival, is being sharply reduced under the new health law. The subsidy, which for years has helped defray the cost of uncompensated and undercompensated care, was cut substantially on the assumption that the hospitals
The Affordable Care Act’s website debut has been compared to the Titanic disaster. The analogy is fair, in that the ship’s captain demonstrated an inexplicable lack of interest in and respect for the risks presented by the iceberg-infested waters through which his vessel was sailing. (Snip) As many parallels as there are between the fateful maiden voyage of the Titanic and the launch of Healthcare.gov, however, there is another colossal technological disaster that may be even more apt: the catastrophic 1986 explosion of the space shuttle Challenger just 73 seconds after liftoff. Exhaustive postaccident analyses revealed that the immediate cause
Insurers say the early buyers of health coverage on the nation´s troubled new websites are older than expected so far, raising early concerns about the economics of the insurance marketplaces. If the trend continues, an older, more expensive set of customers could drive up prices for everyone, the insurers say, by forcing them to spread their costs around. "We need a broad range of people to make this work, and we´re not seeing that right now," said Heather Thiltgen of Medical Mutual of Ohio, the state´s largest insurer by individual customers. "We´re seeing the population skewing older."(Snip)The average enrollee age
Here’s the latest leading theory about those mystery barges in Portland and San Fransisco: They’re party boats for launching Google Glass, the Internet giant’s computerized eyewear.The barges, and the odd-looking structures on top of them, have been linked to Google in documents from the Coast Guard in New London, Conn., and in an apparent slip-of-the-tongue by a Coast Guard official in California.(Snip)But new evidence indicates the barges will be towed to large coastal cities, where wealthy customers will be invited aboard for exclusive looks at Google Glass. The wearable computer, still under development, would enable people to communicate with the
The four-story structure that has been docked in Portland Harbor since Oct. 10 is connected in some way to Google, according to Coast Guard documents obtained by a Connecticut newspaper through a Freedom of Information Act request. (Snip)The purpose of the structure and the barge it rests on is not described in the documents, which do reveal a plan to operate the vessel in various ports, the first being New York Harbor. Tugboats from Portland towed the barge from New London, arriving Oct. 10 at Rickers Wharf on Portland’s waterfront, a facility owned and operated by Cianbro.Cianbro’s Chief Executive Officer
POLACCA, Ariz.—-The group of boys head out toward the mesa, setting their feet upon dirt trails that are lined with scrub brush and corn fields. It´s the same earth that their Hopi ancestors would tread as they ran in prayer for rain, prosperity and all of mankind. For these boys, the drive is as much about the competitive spirit as the enduring spirit of their culture. Hopi High School, where they are students, has earned 23 state cross-country titles in a row, and according to its coach, is one of three schools in the country to earn a perfect score Source corrected and removed from text by Staff.
Those who wrote the PPACA legislation were much more brilliant than most conservatives have given them credit for. They have hidden a landmine in the way it all works that will ensure an eventual takeover of the entire health care industry by the government. Let me first clarify my professional interest. I have been a vendor of software and services to both insurance companies and providers, and therefore have a deep understanding of the health care industry and what the ACA will do to it. I do not work for any insurance companies or medical providers, nor do I own stock
Iranian officials say that the White House is misleading the public about the details of an interim nuclear agreement reached over the weekend in Geneva. Iran and Western nations including the United States came to an agreement on the framework for an interim deal late Saturday night in Geneva. The deal has yet to be implemented. The White House released a multi-page fact sheet containing details of the draft agreement shortly after the deal was announced. However, Iranian foreign ministry official on Tuesday rejected the White House’s version of the deal as “invalid” and accused Washington
It is no secret that the Democrat party is hemorrhaging support in the wake of the disastrous ObamaCare rollout. As the Administration warns that the website will not be fully operational at the end of November, nervous Democrats are expected to try to separate themselves from Obama and his flawed health program. Politico´s Mike Allen was on MSNBC this week, saying that they are "hearing" that Democrats will be very aggressive against the program in Congressional oversight hearings next week. If Politico is "hearing" something, it means Democrats are trying to leak the information to the public ahead of the
President Obama's weekly remarks: Hi, everybody. On behalf of all the Obamas — Michelle, Malia, Sasha, Bo, and the newest member of our family, Sunny — I want to wish you a happy and healthy Thanksgiving. We’ll be spending today just like many of you — sitting down with family and friends to eat some good food, tell stories, watch a little football and. most importantly, count our blessings. And as Americans, we have so much to be thankful for.
LEE COUNTY - The Lee County Sheriff´s Office has arrested a juvenile in connection with two random attacks reported in Lee County. Traveshia Blanks, of Fort Myers, is charged with two counts of battery on a person 65 years of age or older. On Tuesday around 3:50 p.m., deputies responded to a report of a group of people who randomly attacked an unsuspecting victim (Snip)We talked to students from nearby Cypress Lake High School who didn´t seem to think the teens did anything wrong. "I´m not gonna say it´s not right and it´s not fun, because it is fun," said
SANFORD, Fla. — George Zimmerman had five guns and more than 100 rounds of ammunition with him when deputies arrested him earlier this month on domestic violence charges, according to court documents released Tuesday. A search warrant made public by the Seminole County court clerk shows that Zimmerman had a 12-gauge shotgun, an AR-15 assault rifle and three handguns when he was arrested Nov. 18 at his girlfriend´s house. The girlfriend, Samantha Scheibe, told deputies that Zimmerman pointed a shotgun at her during an argument and also used it to smash her coffee table. Zimmerman is free on $9,000 bail on charges
Economics: It seems the official position of Pope Francis is that the free market is a wicked enemy that must be restrained. With all due respect, he´s mistaken. The free market has been a heavenly blessing. Two days before our American Thanksgiving, the Argentinian pontiff, in his first apostolic exhortation, called the free market a "new tyranny." "Some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world," he wrote in the Vatican report. Claims of free-market success, he said, have "never been confirmed
President Obama is concerned these days with the "young invincibles," the 20-somethings he needs now to buy into his program, but who probably won´t because they feel (you guessed it) invincible and think they will stay so for quite a long time. But it takes one to know one, as the irony is Obama himself is, or once was, an ultra-invincible, unstoppable and doing what people said couldn´t be done. Could he become world famous on the strength of one speech? Yes, he could. Could he beat Hillary Clinton, a president´s wife and a feminist icon? Yes, he could. Could he
President Obama lashed out Tuesday at Republican lawmakers during a Hollywood speech seemingly designed to shift public debate away from his Obamacare - and Iran-related political train wrecks and toward safer territory: jobs and the economy. [Snip] ´Instead of rooting for failure or re-fighting old battles, Republicans in Congress need to work with us,´ he declared, complaining about his opponents´ fixation on the Affordable Care Act. ´We would be a lot further along without some of this dysfunction and obstruction we´ve seen in Washington,´ he insisted,.´if we didn´t [sic] have one wing of one party that was a little less
President Barack Obama told a Democratic fundraiser in Beverly Hills Tuesday that he has accomplished "as much, if not more" than any other president."Over the last five years, thanks to the leadership of Nancy (Pelosi) and Harry (Reid) and legislators who are here, we have accomplished as much, if not more, than any time in our history -- saving an economy from a Great Depression; revitalizing an auto industry that is producing better cars and has come roaring back like nobody believed; doubling our exports; drastically reducing our dependence on foreign oil; doubling fuel efficiency standards; doubling our production of
In the wake of the Obamacare fiasco, President Obama’s poll numbers are collapsing in two industrial Midwestern states — the quintessential swing state of Ohio and his home state of Illinois. In Illinois, the Democratic firm Public Policy Polling found Obama’s approval rating falling to just 50–46 positive in a state he carried by 17 points just a year ago. His biggest drops in support came among women voters (only 50 percent positive) and Hispanics (only 51 percent positive). Without his overwhelming support among African-Americans (92 percent), his approval rating would easily be in the low 40s. The liberal website
A new study of methane emissions finds that the U.S. is spewing 50 percent more methane, a greenhouse gas 21 times better at trapping heat than carbon dioxide, into the atmosphere than the Environmental Protection Agency previously assumed. Several factors contribute to the accumulation of methane gas in Earth’s atmosphere, such as the burning of fossil fuels and leaks from oil and gas refining and drilling, but one contender stands out above the rest as particularly repugnant: cow farts.(snip)According to the new research, livestock’s noxious flatulence accounts for a large portion of the methane gas being released into the atmosphere.