Stocks closed out the first quarter on a high note with the Dow logging its strongest quarter in 15 years and the S&P 500 piercing through levels last seen in 2007 to end at a record high near 1,570. The S&P finally surpassed its closing high level of 1,565.15 shortly after the market open after flirting with the milestone for weeks, recovering all its losses from the financial crisis.
Comments: The illusion of wealth. I would rather step into a bear trap than get back into this market.
Nothing wrong just supply and demand. Record amounts of money chasing the same number of investments, prices have to go up. This is happening while Obama spending also has a Record-Smashing Quarter, see any correlation?
Not so strange after all from where I sit. This is all the Cypriot money, and French money, and Italian and Greek and Brit money. There is no where safer than in the United States for investments. It will be the last place to take a dump. But then, is there anywhere really safe for your money?
Despite the quiet here on this subject thus far at SiliconANGLE we have been keeping our eyes on what is possibly the biggest tech topic happening in the news right now. The issue at hand is the launch of ObamaCare online. It’s a hot topic that is philosophically dividing the country right now along political lines, along socio-economic lines, along just about every line there is to be divided over, many Thanksgivings could get cancelled over this (there’s also this big government shutdown) – it’s that contentious. Regardless of the variety of places to hear whatever facts and justification align
Washington - President Barack Obama says that if he owned the Washington Redskins, he would "think about changing" the team name, wading into the controversy over a football nickname that many people deem offensive to Native Americans. Obama, in an interview with The Associated Press, said team names like the Redskins offend "a sizable group of people." He said that while fans get attached to the nicknames, nostalgia may not be a good enough reason to keep them in place. "I don't know whether our attachment to a particular name should override the real legitimate concerns that people
Under the Rules of Suspension they were operating under (not sure why, but it’s what it was), a 2/3 vote was needed in the House to pass legislation funding various agencies. Democrats in the House voted against funding the Veterans Administration, the District of Columbia and National Parks, including the Holocaust Memorial Museum and Smithsonian.
If you thought that it was frightening enough that the federal government was spying on you and had access to your personal information, get ready: Planned Parenthood is about to obtain access to your Social Security number, tax form, bank account, and medical records. (snip) Any “navigator” will have access to the federal data hub, which holds information from the Department of Health and Human Services, the IRS, the Social Security Administration, the Department of Homeland Security (DHS), the Defense Department, the Office of Personnel Management, the Veterans Health Administration, and the Peace Corps.
Over the course of just two days, the Washington Post pounded its readers with 12 "birther" stories aimed at Texas Senator Ted Cruz. Headlines included, "Can Ted Cruz Run for President?", "Canadian Born Ted Cruz Releases Birth Certificate Amid Queries if He´s Eligible for Presidential Run," "Ted Cruz: I am Not a Canadian," and "No, Ted Cruz "Birthers" are Not the Same as Obama Birthers".Though there is no legal question as to Cruz´s eligibility to run for president (Cruz was born an American citizen), the Post has spent the last 48 hours bedeviling the Hispanic senator with articles obviously meant
Three more weapons from Fast and Furious have turned up at crime scenes in Mexico, CBS News has learned, as the toll from the controversial federal operation grows. According to Justice Department tracing documents obtained by CBS News, all three guns are WASR-10 762-caliber Romanian rifles. Two were purchased by Fast and Furious suspect Uriel Patino in May and July of 2010. Sean Steward, who was convicted on gun charges in July 2012, purchased a third. The rifles were traced yesterday to the Lone Wolf gun shop in Glendale, Ariz. During Fast and Furious and similar operations,
People protesting George Zimmerman´s acquittal marched along Crenshaw Boulevard on Monday night, stomping on cars, chasing bystanders and storming a Wal-Mart. Several protesters made their way into the Wal-Mart as guards scrambled to close security gates. A short while later, Los Angeles Police Department officers wearing helmets and carrying batons swarmed the store as others marched through the parking lot.
"Basically you have the government regulating and making business more difficult, and you have the Fed trying to compensate for it." Star of the History Channel reality series “Pawn Stars” Rick Harrison said government over-regulation is “making business more difficult” and forcing the economy to require artificial stimulation Friday on “Squawk Box.”
WASHINGTON (AP) - Military leaders are ready to begin tearing down the remaining walls that have prevented women from holding thousands of combat and special operations jobs near the front lines. Under details of the plans obtained by The Associated Press, women could start training as Army Rangers by mid-2015 and as Navy SEALs a year later
Like many of my fellow Americans, I’m getting pretty concerned about a fringe group in our country that’s growing increasingly isolated and paranoid. Worse, we now have indications that this group is lashing out in ignorance and fear. It’s time that we finally confront the problem of federal workers’ growing anti-citizen extremism.
The US government has blocked a Texas-based company from distributing details online of how to make a plastic gun using a 3-D printer. The ban, by the State Department citing international arms control law, comes just days after the world´s first such gun was successfully fired. Defense Distributed, the company that made the prototype, stated on Twitter that its project had "gone dark" at the instigation of the government. The company is run by Cody Wilson, a 25-year-old University of Texas law student who has said the idea for freely distributing details about how to produce the guns online was inspired by 19th century anarchist writing. Wilson argues everyone should have access to guns.
Barry Diller, chairman of Newsweek parent company IAC, admitted Monday on Bloomberg that purchasing the embattled magazine was a mistake. “There are some magazines that have no competition essentially in their field, luxury magazines,” Diller said. “Advertisers must advertise in them. But for a news magazine … it was not possible to print it any longer. So we said we will offer a digital product. We have a very, very solid newsroom, and we’ll see. I don’t have great expectations. I wish I hadn’t bought Newsweek. it was a mistake.”
Oprah Winfrey has said racism is still a problem around the world and the only way for it to end is for generations of racists to die out. In an interview with the BBC to coincide with the release of her latest film The Butler, the chat show host said generations had been ´marinated´ in racism. The 59-year-old added that President Obama was treated with disrespect because of the color of his skin and said she feels fortunate to have been born after segregation ended in the U.S. [Snip] She highlighted an incident in 2009 when Republican congressman Joe Wilson
Pollster John Zogby reports in our weekly White House report card that President Obama’s health care program is still troubled, but he gets credit for taking ownership and trying to fix it. "Forget about Iran and unemployment, this week was all about Obamacare and it was a ‘Fiddler on the Roof’ moment. As Tevye would say: ´Un da vun hand, but un da udda hand…´ “So we have the president admitting he broke his promise to Americans when he promised they could keep their plans. And the GOP gloated, mocked, preached doom and a failed presidency, and made a solemn vow to
Last week I was informed by the agent who handles my firm’s health-care insurance that, come 2014, our group plan will be cancelled and replaced with an ObamaCare plan.SNIP Well, here’s how I see it. It sure looks to me as if the President of the United States, members of his administration, and Democratic Congressional leaders didn’t just lie. I think they intentionally perverted the truth. And I think they did it because, if they didn’t, they knew the bill wouldn’t pass through Congress.
WASHINGTON, D.C. -- Some 50 years after John F. Kennedy´s sole presidential term was cut short by an assassin´s bullets, nearly three-quarters of Americans believe Kennedy will go down in history as an outstanding or above-average president. This is the highest retrospective rating given to any of the 11 presidents who have held office since Dwight Eisenhower. Another fifth of the public sees the slain president as average, while just 3% rank him as below average or poor. Kennedy was killed on Nov. 22, 1963, and the 50-year anniversary of his assassination is being marked by a bevy of new
Congressional Republicans have Obamacare right where they want it. The idea of a one-year delay of the law, always far-fetched as long as the Democrats controlled the Senate, is suddenly looking plausible. “I think there needs to be a one-year suspension of the entire law, at least, if not a longer suspension,” says Georgia Republican Tom Price. “The Senate Democrats and the president are the ones that have to decide it needs to be done.” When asked about a delay, House Republican whip Kevin McCarthy chuckles but doesn’t answer. Instead, he suggests that the law’s destructiveness could upend the entire health
His actor parents are well known activists and Stephen Ira Beatty seems determined to follow in their footsteps. The eldest child of Warren Beatty and Annette Bening, who revealed he was transgender at the age of 14, appears in a new public service announcement (PSA) urging New York to change its Medicaid regulation which excludes transgender people from accessing healthcare. Stephen, 21, appears confident and informed as he speaks about the problem, saying: ‘I grew up outside of New York, but I´ve always known I´ve wanted to move here for the city´s vibrant artistic community. ‘As a trans person, I
The headline is a statement to, not a quote from Boehner, but it was worth the deception to make the point. President Obama has been given so much slack by an enabling Washington D.C. media, that Obama is now hanging onto the rope to avoid falling into the abyss. The fawning media who placed all their political bets on his success, is unwilling to admit publicly (and perhaps even privately) what they know in their brains but unwilling to let their heart in on: Obama is and always was a phony.
U.S. Education Secretary Arne Duncan told a group of state schools superintendents Friday that he found it “fascinating” that some of the opposition to the Common Core State Standards has come from “white suburban moms who — all of a sudden — their child isn’t as brilliant as they thought they were and their school isn’t quite as good as they thought they were.” Yes, he really said that. But he has said similar things before. What, exactly, is he talking about? In his cheerleading for the controversial Common Core State Standards — which were approved by 45 states and the
Mary Cheney, a daughter of the former vice president, and her wife, Heather Poe, sharply criticized on Sunday a comment by by Ms. Cheney’s sister, Liz Cheney, a candidate for the Senate in Wyoming, that they disagreed on the issue of same-sex marriage. “Liz – this isn’t just an issue on which we disagree, you’re just wrong – and on the wrong side of history,” Mary Cheney, who is gay, wrote on her Facebook page. Ms. Poe’s comments were sharper and more personal. “Liz has been a guest in our home, has spent time and shared holidays with our children, and when
As the story of the Obamacare website fiacso unfolds, senior administration aides tell me that the president is “mad, frustrated and angry.” Mad that his signature legislative achievement is stuck at the gate, frustrated that he’s running out of time to fix it, and angry that he’s got a second term agenda now going nowhere. He’s so furious, in fact, that he stepped out of character to vent to an assembled group of top aides. “If I had known [about the website problems] ,” the steaming president reportedly said, according to the New York Times, “We could have delayed the
WASHINGTON - A terrifying new ‘game’ that’s already caused deaths in Syracuse, St. Louis and New Jersey is sweeping the nation, and it preys upon unsuspecting people walking the streets, anywhere. A recent report from New York-based CBS 2 shed light on the growing trend, displaying unsettling footage of teens participating in this game – which goes by the name ‘Knockout’ – and involves randomly targeting passersby, with the ultimate goal being to knock them out with one punch as they walk by. One victim shown in the footage was 46-year-old Ralph Santiago of Hoboken, N.J., who was found dead with his
House Minority Leader Nancy Pelosi (D-CA) has entered the final, mortifying stage of denial where one flails feebly about in the desperate search for an argument that might generate some traction. The spectacular collapse of Democratic standing in public opinion polls has prompted Democrats to voluntarily chip away at the very financial foundation of the Affordable Care Act – a prospect that any pundit would have deemed unthinkable just three weeks ago. Democrats are terrified, but Pelosi, an old pro, never wants to let them see her sweat. To that end, during a press conference with her fellow Democratic leaders