Wednesday, July 29, 2015

It's Bounce Or Else For This Key Stock Market Gauge


Zerohedge

L.A. City Council bans large-capacity ammunition magazines

The L.A. Times reports:
Defying sharp warnings from gun rights groups, Los Angeles thrust itself into the national debate over gun control Tuesday, as city lawmakers voted unanimously to ban the possession of firearm magazines that hold more than 10 rounds.

Such magazines have been “the common thread” in almost all the mass shootings that have devastated the country, from Newtown to Virginia Tech to Columbine, said Juliet Leftwich, legal director for the Law Center to Prevent Gun Violence. Backers of the plan said it was a small but meaningful step to minimize the bloodshed, by forcing attackers to at least interrupt their rampages to stop and reload.

The National Rifle Assn. and other gun rights groups have threatened to sue over Los Angeles’ new rules, arguing that they violate the 2nd Amendment and are preempted by existing state law.
The backdoor banning of your gun. Just a reminder.

McConnell to fast-track bill to defund Planned Parenthood

The Hill reports:
Senate Majority Leader Mitch McConnell (R-Ky.) is fast-tracking a bill to cut off federal funding for Planned Parenthood, after senators huddled in his office Tuesday to work out the details of a bill.

Speaking on the Senate floor, the Republican leader started the process, known as Rule 14, which allows the bill to skip over being sent to a committee and go directly to the Senate floor for a vote.
Expect an Obama veto.

The Obama Administration’s Chicago Politics

The National Review reports:
During Obama’s 2012 reelection campaign, the Tea Party likewise learned about the Chicago way. At the high-water mark of that populist conservative movement, suddenly many Tea Party affiliates ran into trouble with the IRS. It was later found out — well after Obama’s reelection — that IRS bureaucrat Lois Lerner had deliberately targeted conservative nonprofits on the basis of their politics. At the time, Obama feigned outrage. But more recently, he dropped that pretense and scoffed that Lerner’s politicization of the IRS was due only to a “crummy” law — and Republican cuts in the IRS budget. In other words, the Republicans were to blame for Lerner’s hounding of themselves.

An article well worth your time.

Gisele dons a burqa to secretly fix her ‘deflated’ boobs


The New York Post

Tuesday, July 28, 2015

Clinton Campaign: Bernie Sanders Could Win Iowa and New Hampshire

Feminists Demand Men Pay For Them

The Future of Tyranny - Infowars Nightly News - 07/28/2015

How an Influential Campus Rape Study Skewed the Debate

Reason

Does Noninterventionist Make You a Leftist?

Large military populations and Sexual Diseases

Laurence M. Vance

Windows 10 or OS X? A Mac User Falls For the PC Again. With a simpler interface and new features, Microsoft’s Windows is more like Apple’s OS X than ever before

The Wall Street Journal reports:
After unsuccessfully zigging for the past few years with Windows 8—which awkwardly layered a touch interface over old-school Windows—Microsoft has zagged back to the desktop it knows best with Windows 10.

Available starting Wednesday as a free upgrade on Windows 7 and 8 PCs, it takes the traditional underpinnings and spruces them up with a modern design, a helpful personal assistant and better windows-management tools. Unlike Windows 8, it stays out of your way, just letting you do what you need to do better. It’s what Windows should be in 2015.
Windows 10 gets a positive review.

House to vote on three-month highway bill, break for recess

The Hill

HHS boss won't probe Planned Parenthood, or even watch videos

The Washington Examiner

15% of Americans don’t use the internet. Who are they?


Pew Research

How Academia Resembles a Drug Gang

LSE

Facebook shares its diversity training course with all

CNET

Hillary Clinton’s $600 haircut puts Bergdorf on lockdown

The New York Post reports:
Hillary Clinton put part of Bergdorf Goodman on lockdown on Friday to get a $600 haircut at the swanky John Barrett Salon.

Clinton, with a huge entourage in tow, was spotted being ushered through a side entrance of the Fifth Avenue store on Friday.

A source said, “Staff closed off one side of Bergdorf’s so Hillary could come in privately to get her hair done. An elevator bank was shut down so she could ride up alone, and then she was styled in a private area of the salon. Other customers didn’t get a glimpse. Hillary was later seen with a new feathered hairdo.”

Clinton regularly sees salon owner John Barrett, who charges regular mortals $600 for a cut and blow-dry. Hair color can cost an extra $600.
The every day champion of working people!

US newspapers see more bad news, as jobs decline

AFP

Watch the moment Trainwreck star John Cena breaks his nose during WWE match...and still beats Seth Rollins

The Daily Mail

The Truth About Karl Marx

Top GOP funder Gidwitz calls on Sen. Kirk to step down

Crain's Chicago Business

Jeff Riggenbach: A Brief History of Psychedelics and Intoxicants

Is Mitch McConnell a Republican Borg-Like Traitor?

UPS fires warning shot across the bow of the stock market and the Fed

Marketwatch reports:
United Parcel Service Inc. has fired warning shots across the bow of the Federal Reserve and the stock market, by saying on Tuesday that U.S. economic growth appears to be slowing.

The package-delivery giant’s cautious outlook runs counter to what Fed Chairwoman Janet Yellen said earlier this month, when she told Congress she expects the U.S. economy to keep strengthening enough for the central bank to raise interest rates “at some point this year.” The Fed’s outlook could become clearer when it releases its latest monetary policy statement on Wednesday.

It also suggests investors should take the relative weakness in UPS stock, as well as the Dow Jones Transportation Average, more seriously, as a warning that a much bigger selloff may be on the horizon for the broader market.

“If you just look at in January, the GDP forecast we thought was going to be about 3.1%. Now the thinking in July is about 2.3%, so let’s say a pretty significant decrease,” said UPS Chief Executive David Abney in a conference call with analysts, according to a transcript provided by FactSet. “Retail has been uneven and we saw it soften a little bit in June. And so that’s the reason we’re cautious.”
Slowing ?

Fiery exchange between Kerry, GOP congressman over nuclear deal

Fireworks between Skull and Bones member John Kerry and Rep. Scott Perry (R., Penn.) . You'll want to watch this one.

Amazon unveils plan for controlling drone traffic

The Hill

FreedomWorks Backs House Effort to Remove Boehner Speakership

Freedomworks reports:
FreedomWorks announced its support today for House Resolution 385 submitted by Congressman Mark Meadows calling for the removal of John Boehner as Speaker of the House. FreedomWorks CEO Adam Brandon commented:

“Every time defenders of freedom need a leader, John Boehner has failed us. It’s time to remove Boehner from the speakership before it’s too late to pass bold reforms. Under his speakership, the Republican-controlled House has allowed taxes and spending to increase and their agenda revolves more about pleasing lobbyists than standing on principle. It’s time to end the Boehner Blunder.”

Brandon continued, “We are proud to stand with Congressman Meadows in support of this resolution to remove Speaker Boehner. His courage and willingness to risk everything from committee placements to fundraising in order to do what’s right is an inspiration to us all. We will be there, alongside our millions of activists across the country, to support this effort.”
The pressure on the GOP establishment.

GOP lawmaker seeks to oust Boehner

The Hill reports:
Conservative Rep. Mark Meadows (R-N.C.) on Tuesday introduced a resolution to oust Speaker John Boehner (R-Ohio) from his leadership post, GOP aides said.

But because of the way the resolution is structured, it will be referred to the Rules Committee, where Chairman Pete Sessions (R-Texas) could simply ignore it.

Meadows, a member of the House Freedom Caucus, was stripped of his Oversight subcommittee gavel last month for his vote against a procedural measure to bring up the trade package. House Oversight Committee Chairman Jason Chaffetz (R-Utah) reinstated Meadows a few days later following an outcry from conservatives.

The resolution offered by Meadows argues that Boehner has been "bypassing the majority" through centralized decision making; "caused the power of Congress to atrophy"; punishes members who "vote according to their conscience"; limits amendments on the House floor; and doesn't allow enough time for lawmakers to review legislation before voting on it.
Will John Boehner get the message?

Lena Dunham, Kate Winslet Face Off With Amnesty International Over Sex-Trade Debate

The Hollywood Reporter reports:
In the past, celebrities like Jon Stewart, Madonna and Kristen Wiig have not hesitated to back Amnesty International, one of the most influential human rights watchdog groups. But the London-based organization's cozy alignment with Hollywood has begun to fray over a controversial new proposal that argues for the decriminalization of the sex trade.

Lena Dunham, Kate Winslet, Meryl Streep and Anne Hathaway are among a group of industry heavyweights voicing opposition to Amnesty's "Draft Policy on Sex Work," which posits that all "consensual sexual conduct between adults — which excludes acts that involve coercion, deception, threats, or violence — is entitled to protection from state interference."

The report — scheduled to be presented next month at an Amnesty meeting in Dublin, Ireland — argues that the ongoing criminalization of the sex trade leads only to more "harassment and violence, including ill-treatment [of sex workers] at the hands of police."
Are you shocked that "fit" Lena Dunham wants to restrain the trade in sex? Did you really think modern day liberals are very liberal?

Sen. Ted Cruz Slams Media Coverage of Abortion Videos

Flashback- Donald Trump on Jewish Daughter Ivanka: ‘This Wasn’t in the Plan But I’m Very Glad it Happened’

Algemeiner

Skull and Bones Member John Kerry has invited reporters to an off-the-record discussion on Iran



Los Angeles gangs terrify community with ‘kill contest’

The New York Post reports:
Bloodthirsty Los Angeles street gangs reportedly touched off a sick contest, to see who can kill 100 people first.

Under the hashtag #100Days100Nights, Instagram and Twitter users are warning that no one will be safe between Western and Normandie avenues in South LA in a 100-day window that began last week, law enforcement sources told The Daily Beast.

The challenge was issued last week after the slaying of “KP,” a member the Rollin 100 gang.

One of the first victims of this depraved game was a 4-year-old boy who was killed on Thursday night, according to the report.
The sick moments of Blue America.

The Liars and Crooks of the 2016 Election

5 reasons you hate LinkedIn so much

Marketwatch

Africa, Capitalism, and the "Elimination of Poverty": Leon Louw on Africa's Incredible Growth

Bill Murray Accused Of Drug, Spouse Abuse

The Smoking Gun

Peter Gabriel Announces Vinyl Reissues

Ultimate Classic Rock

Republicans Have a Win against Corporate Welfare — Don’t Give It Away

The National Review

Cenk Uygur: "Guess What, Ted Cruz Is Right" About Export-Import Bank

Real Clear Politics

Socialist Bernie Sanders Wants To Ban All Self-Defense Firearms


Bearing Arms

As Senator, Hillary Voted for Bernie Sanders’ Gimmicky “Millionaires and Billionaires” Tax Hike


ATR

Rising Cost Of Health Care: Obamacare Insurance Premiums To Increase As State Exchanges Face Losses, Even Closure

IBT

Wheaton College ends student health coverage over contraception mandate

The Chicago Tribune reports:
Wheaton College will stop providing any health insurance for students to avoid complying with the government's controversial contraception mandate.

The decision, announced July 10 and going into effect Friday, will end health care coverage for more than 700 undergraduate and graduate students who were enrolled in the program — about a quarter of the student body.


Officials of the west suburban evangelical school said the government's compromise provision, which would require them to notify the government of their religious objections to FDA-approved emergency contraception, would prompt the school's insurance carrier to provide the coverage directly to students without involving the college. Pulling the trigger on that action and providing the health care plan in the first place would force Wheaton to violate its religious beliefs, officials said.
ObamaCare: smashing health insurance that many people liked.

McConnell Says He Will Hold Vote to Repeal Obamacare with Simple 51-Vote Majority

CNS News reports:
Senate Majority Leader Mitch McConnell (R-Ky.) pledged Tuesday to hold a vote to repeal the Patient Protection and Affordable Care Act, or Obamacare, using a budget resolution that could be passed in the Senate with a simple majority vote of 51 to 49, according to a statement released Tuesday.

"Earlier this year, Senate Republicans passed a balanced budget, and with it the necessary procedural tools - via the budget reconciliation process - to bring an end to the nightmare of Obamacare,” McConnell said in the joint statement with Sen. Mike Lee (R-Utah).

“Americans have faced skyrocketing health care costs, rampant fraud and more government between them and their doctors. And Republicans are united in working to repeal the broken promises of Obamacare and allow our country to start over fresh with real health reform that Americans deserve,” he added.

“We will continue our effort to use reconciliation - as the budget makes clear - to fulfill the promise we made to our constituents,” McConnell pledged.
Let's hope ObamaCare gets eliminated quicker than the Interstate Commerce Commission.

Blame The Fed For The Commodities Slump

Zerohedge

Senators slam House for hitting the road to dodge the Senate's highway bill

The Washington Examiner

Bernie Sanders: A Democratic Socialist Is Someone Who Looks to Scandinavia, Things Are Getting Worse, Only Government Can Make Them Better Sanders wants people mobilized, but is he really interested in what they want?


Reason

Infowars Catches Border Drug Smuggling Operation On Camera!

Elizabeth Warren on The American Prospect and the Prospects for America . Towards A Socialist Future .

The prospects for socialism , in America, from statist Elizabeth Warren. Comrade Robert Kuttner introduces Elizabeth Warren before she speaks.

Mickey Kaus Looks At Ann Coulter's New Book Immigration


Kausfiles

Microsoft launches Windows 10: Here's what that means. Microsoft is counting on Windows 10 to undo woes from Windows 8 and prove PC still has a role.

AP

Reno mayor apologizes for LGBT flag over city hall

Reno Gazette

Press Mostly Fails to Report Union Exemptions in Some Minimum-Wage Laws

Newsbusters

Jon Stewart's secret White House visits . Obama, aides took unusual steps to cultivate ‘Daily Show’ comic.

Politico reports:
Jon Stewart slipped unnoticed into the White House in the midst of the October 2011 budget fight, summoned to an Oval Office coffee with President Barack Obama that he jokingly told his escort felt like being called into the principal’s office.

In February 2014, Obama again requested Stewart make the trip from Manhattan to the White House, this time for a mid-morning visit hours before the president would go before television cameras to warn Russia that “there will be costs” if it made any further military intervention in Ukraine.

To engage privately with the president in his inner sanctum at two sensitive moments — previously unreported meetings that are listed in the White House visitor logs and confirmed to POLITICO by three former Obama aides — speaks volumes about Stewart and his reach, which goes well beyond the million or so viewers who tune into The Daily Show on most weeknights.
Jon Stewart (Democrat-Obama).

Skull and Bones Member Robert Kagan Influencing Mitt Romney, Barack Obama and Hillary Clinton on Foreign Policy

Statist Robert Kagan has his foot in all many camps.

Tough times strike Saudi Arabia's millionaires

CNBC

Robert Kagan and Constant War. The Skull and Bones Foreign Policy.


Robert Parry

Kissing overtakes smoking as leading risk for head and neck cancers: Top doctor warns of 'tsunami' of oral human papilloma virus cases

The Daily Mail reports:
Kissing has overtaken smoking and drinking as the leading risk factor for developing head and neck cancers.

The humble French kiss can pass on human papilloma virus (HPV), and Head of Maxillofacial and Head and neck Surgery at the Royal Darwin Hospital, Dr Mahiban Thomas, said the virus was responsible for 70% of head and neck cancer cases.

Dr Thomas told Daily Mail Australia if you became infected by HPV in the oropharynx, your risk of developing head and neck cancer was 250 times higher than that of someone without the virus.


Read the article and decide whether you agree with the gloomy outlook.

Third undercover video shows Planned Parenthood doctor talking about viability of fetal specimen

The Washington Times

In the Wake of King v. Burwell: Options for Congress (Christie Herrera)

The Cato Institute has a video clip on the recent ObamaCare court decision. Cato reports: The Supreme Court’s decision on King v. Burwell validated President Obama’s massive power grab, allowing him to tax, borrow, and spend $700 billion without congressional approval. Despite the ruling, Obamacare remains unpopular with the American public and the battle to set in place a health care system that works for all Americans is far from over.

Huge week on tap for the Fed

The Washington Examiner

Hispanics’ population rises, but their home ownership doesn’t

McClatchy

Drinking Highest Among Educated, Upper-Income Americans


Gallup

Obama: 'I think if I ran again I could win'


CNN

$15 minimum wage divides Dems


The Hill

The 9 teachers who just received awards from the White House were all in the U.S. illegally.


Upworthy

The Casino’s Last Stand——Six Stocks Account For All Of S&P Gains This Year

David Stockman reports:
Just a few companies are driving the gains in major U.S. stock indexes this year, raising fresh concerns about the health of the market’s advance.

Six firms— Amazon.com Inc., Google Inc., Apple Inc., Facebook Inc., Netflix Inc. and Gilead Sciences Inc.—now account for more than half of the $664 billion in value added this year to the Nasdaq Composite Index, according to data compiled by brokerage firm JonesTrading.

Amazon, Google, Apple, Facebook, Gilead and Walt Disney Co. account for more than all of the $199 billion in market-capitalization gains in the S&P 500.

The concentrated gains are spurring concerns that soft trading in much of the market could presage a pullback in the indexes. Many investors see echoes of prior market tops—including the 2007 peak and the late 1990s frenzy—when fewer and fewer stocks lifted the broader market. The S&P 500 is up 1% this year while the Nasdaq has gained 7.4%.
Just a reminder.

Top-notch colleges in the US are dropping a major admissions requirement

The Business Insider reports:
Conversations about SAT and ACT scores are ubiquitous for high school students applying to college. Increasingly, however, colleges and universities have begun to eschew mandatory standardized test scores as requirements for their application process.

On Monday, George Washington University became the latest school to drop the requirement for incoming freshmen, the Washington Post reported.

That makes GWU — with 10,000 undergraduates and 25,000 total students — the largest private university in the top 100 best ranked schools to forego rigid testing requirements in favor of a more holistic application review process.

The National Center for Fair and Open Testing tracks the schools with open testing policies and has compiled a list of over 800 schools that do not use SAT or ACT scores for admitting substantial numbers of students into bachelor degree programs.



Check out the list.

Economics Is About Social Cooperation, Not Money or Greed

MSNBC commentator thinks FCC should fine people for “misgendering” Jenner

Hot Air

Feds give municipal ID thumbs-up, but warn it may not be enough for some banks

Crain's New York reports:
The municipal ID program is one of Mayor Bill de Blasio's most successful initiatives to date. Since its launch in January, more than 400,000 New Yorkers have signed up for and received IDs, a fact the mayor trumpeted at a press conference at the Natural History Museum Monday. The card allows many city residents, especially undocumented immigrants, the chance to acquire government-issued identification. At the museum, Mr. de Blasio highlighted three such individuals: a transgendered woman, a World War II-veteran and a 20-year-old Jamaican woman who used her ID to open an account at Amalgamated Bank.

The ID is now being accepted at "dozens" of other financial institutions, the mayor said. The city is in talks with other banks to bring them into the program, a spokeswoman added.
Bill De Blasio's lawlessness.

Illinois Boss Madigan's secret mantra: What would Richard J. Daley do?


The Chicago Sun-Times

Michigan Teamsters Ordered to End Illegal Dues Checkoff Window

Trump Gets $21 Million for NYC Penthouse, 40% Off List

Bloomberg

State Department to hand over 5K more Benghazi-related files

The New York Post

The Most Important Stock Market Trendline Since 2009 Was Just Broken


Zerohedge

Hillary’s ‘Half A Billion Solar Panels’ Promise Send Billions To China?

The Daily Caller

Ex-Wife: Donald Trump Made Me Feel ‘Violated’ During Sex

The Daily Caller

Why S.F. evictions are on the rise


The S.F. Chronicle

Sarah Palin Asks Which Killed More Black People: Confederate Flag or Planned Parenthood?


Mediaite

Judge: Citizens United Must Disclose Donor Information to NY

ABC News

CHICAGO: If we don’t like you, we’ll shut down your performance, even if it’s a hologram.

PJ Media

A Recipe for the Next Great Depression | Thomas J. DiLorenzo