Saturday, May 23, 2015

How Wal-Mart is hurting Mondelez

Crain's Chicago Business reports:
A small move from Wal-Mart Stores is giving packaged-food companies a big headache.

The retail giant has tweaked its promotional strategy, ditching some in-store product displays that put popular brands in front of consumers at the end of aisles and near cash registers. In turn, Wal-Mart is asking suppliers to take money they would have invested in displays and promotions and instead pour it into cutting the cost of their products as the company reverts to its “everyday low prices” mantra.

The request is not sitting well with some packaged-goods companies, whose sales are getting dinged by the change. Some are fighting back.

The biggest names in consumer products and packaged foods—Procter & Gamble, Unilever, Nestle, Coca-Cola, General Mills, Kellogg's and Mondelez International, to name a few—sell significant amounts of their goods through Wal-Mart, the world's largest retailer. Because of its dominance, the Bentonville, Ark.-based company can affect the fortunes of even these big suppliers with incremental changes in the way it does business.
The world of retailing.

States drinking the most soda

USA Today reports:
In 18 states, more than 26% of adults consume sweetened-beverages such as regular soda and fruit drinks at least once daily. Sugary drinks are one of the primary sources of added sugars in U.S. diets and have been associated with a range of negative health outcomes.
Is your state on the "naughty list" the progressives are aiming at?

Study Claims Biggest Songs of Past 10 Years Boast Third-Grade Reading Level

Yahoo Music

Joe Bonamassa remembers B.B. King September 16th 1925 – May 14th 2015

Obama's Synagogue

The American Thinker reports:
Barack Obama chose the perfect synagogue, Congregation Adas Israel, in which to deliver a rebuke of Israel, couched in an address commemorating Jewish American Heritage Month, using some fuzzy throwaway lines designed to lull the gullible into apathy regarding his approach towards Iran and the Palestinians.

Barack, at home, with fellow liberals.

Feds resist push for new pipelines

The Hill

McCain Criticizes University Donation to Clinton Foundation

Political Wire

Bootleggers and Baptists in the Garden of Good and Evil: Understanding America's Entangled Economy

Mika Brzezinski: When Clintons Talk About Money It Rubs People The Wrong Way

The anti-economics of ‘free’ college

AEI

Thomas Woods - 33 Questions on American History

Always a bridesmaid (for hire)

The Washington Post

U.S. Department of Education: Higher Educated Parents More Likely to Homeschool

Big Government reports:
New data released by the U.S. Department of Education shows that the more educated parents are, the more likely they are to homeschool their children.

According to information from the National Center for Education Statistics (NCES), the number of homeschooled students between the ages of 5 and 17 has increased dramatically over the last decade, soaring 61.8 percent. The data also indicates that the more educated the parents, the more likely they are to homeschool their children.

According to the newly released data, an estimated 1.6 percent of students whose parents earned a high school diploma or less are homeschooled, while 2.2 percent of students whose parents have received vocational/technical training or “some college education” are homeschooled. Additionally, 2.4 percent of students whose parents have earned a bachelor’s degree or received some graduate education are homeschooled, and 2.5 percent of students whose parents earned a graduate or professional degree are homeschooled.

Though homeschool support organizations emphasize that parental motivation to offer their children the best education – and not higher level education degrees – is most important factor in determining whether to homeschool, the data trend suggests that higher educated parents are perhaps seeing the value and high quality of a homeschool education.
Saying no to the John Dewey vast wasteland.

Eustace Mullins - Secrets of The Federal Reserve (FULL)

Here's one book on Osama bin Laden’s reading list .

The McLaughlin Group 5/22/15

LinkedIn founder Reid Hoffman on the biggest lie employers tell employees

Vox

Canadian cancer patient, 71, says his country's socialized health-care system failed him, while Korea's saved him

'You're f-----': Robert De Niro gives amazing speech to NYU art school grads, warns them to be ready for ‘a lifetime of rejection’

The New York Daily News

Itzhak Perlman & Oscar Peterson - Blue Skies

This tool lets you search salary data for thousands of foreign-born tech workers

Fusion reports:
Foreign-born workers living in the United States on H1-B visas make up a significant portion of the tech industry’s engineering ranks. Now, a new tool lets you search government data to find out how much those workers are getting paid.

A tool called U.S. Visa Explorer appeared on Hacker News on Friday. The tool searches government records for Labor Condition Applications (LCA), a piece of paperwork that prospective employers must file on behalf of workers hoping to get H1-B visas. These applications are publicly available, and include the names of workers’ labor lawyers, as well as their salaries and the companies hoping to hire them. (The workers’ names aren’t listed, but at a small or mid-sized start-up, it presumably wouldn’t be hard to figure out who was whom.)
Gulp.

Students Blame John Boehner for Deflategate

The Bill and Melinda Gates Foundation has given Center for American Progress $6,448,809 million. Most of these grants are expressly for promoting Common Core.

Lady Liberty reports:
Center for American Progress has been a major supporter of Common Core. The Bill and Melinda Gates Foundation has given Center for American Progress $6,448,809 million since 2009.
America's Left, financed by the super-rich. As you can guess, Microsoft software will become prominent in promoting Common Core. Via Instapundit.

Antony Sutton - The Order of Skull and Bones [Brotherhood of Death]

Junk-Rated Chicago Has A Billion Dollar Pension Problem

Zerohedge

Osama bin Laden 's Reading List Leaked : Antony C. Sutton Book on List


Gary North reports:
The U.S. government has released a list of English-language books in the library of the fellow who got killed in Pakistan by the Seals in 2011. Here is the book list.

One of them is Antony Sutton's The Best Enemy Money Can Buy (1986). I wrote the foreword. It is here. Who knows? Maybe Osama read it.

Because the printed edition did not mention me as the Foreword's author in the Table of Contents, my Osama connection is not visible to anyone who does not get past the Table of Contents.

Of all the books on the list, my Foreword was by far most relevant to Osama bin Laden and his movement. I began the Foreword with one of the most remarkable facts of modern American history ever to be dropped down the memory hole.
Check this one out.

DNA Used To Identify & Shame People

Skipease reports:
We have your DNA, shame on you!


It’s a brave new world where people’s DNA can now be used as a form of public surveillance and punishment.

Hong Kong is taking samples of DNA found on publicly discarded chewing gum, coffee cups and cigarette butts to reconstruct the facial appearance of people who litter.

The reconstructed images of the people are then displayed on public posters in an effort to shame the alleged “litterbugs”.

The technology used is called phenotyping. Phenotyping can predict and reconstruct a person’s physical traits from small amounts of their DNA.
Just a reminder.

This Robot Is Cute, Artificially Intelligent and Employed

Bloomberg reports:
Willie McTuggie looks like a photocopier on wheels. But he — it, actually — has the engineered brain of a reasonably smart human, and acts like one when when he rolls up to a nurse’s station, opens a drawer, retrieves a dose of pills and glides off to make a delivery.

Packed with more than 30 motion-detecting and other sensors, Willie and his automated buddies at the UCSF Medical Center can open doors, avoid collisions with doctors on rounds and perceive when to wait for a free elevator. There are 25 mobile bots from the robotics company Aethon Inc. on staff, named and decorated by mortal colleagues. Willie's wrapped in the San Francisco Giant’s team colors of orange and black, and Maybelle is designed to look like one of the city’s cable cars.

The machines perform duties once handled by nurses, orderlies, cafeteria staff and maintenance crews. So far, no people have lost jobs to the bot corps. "It does displace certain roles, but we can put that headcount into other service roles," says Pamela Hudson, executive director of clinical systems at the University of California, San Francisco, hospital. It is, she says, a win-win.
No word yet from the "$15 an hour crowd " on this one.

James Grant: The Forgotten Depression

Gloria Steinem to lead women’s march in North Korea

PJ Media

Model’s rape claim falls apart after bogus pregnancy charge

The New York Post reports:
A Manhattan model who once dated actor Gerard Butler brought rape charges against a fashion photographer — but the case fell apart when she claimed he got her pregnant and a DNA test proved he was not the father, The Post has learned.

Latvian-born stunner Alesia Riabenkova, who has done work for Guess and graced the covers of Glamour and Elle magazines, met the lensman at a Long Island City lounge in October to discuss her struggling career.

The two chatted over champagne about a potential photo shoot and then went back to his condo in a nearby luxury high-rise.

About 45 minutes later, Riabenkova told a doorman she had been raped by the photographer and asked him to call 911, said his lawyer, Tom Kenniff.

Police arrested the lensman, and he spent a night behind bars. Prosecutors soon downgraded the charge to sexual misconduct because they found holes in her story and her rape kit tested inconclusive, Kenniff said.
No word yet on this story from Mattress girl.

How Bad Spin Works: A Handy Lesson from the Clinton/Blumenthal E-Mails

Bloomberg

Nearly 300 New Hillary Emails Released — and They Confirm She Received Now-Classified Info on Private Email

The Blaze reports:
The State Department released the first batch of emails from Hillary Rodham Clinton’s tenure as secretary of state on Friday, offering additional insight into how she reacted to the deadly attack on U.S. diplomatic facilities in Benghazi.

Spokeswoman Marie Harf said publication includes 296 emails given to a House committee investigating the 2012 attack on the U.S. diplomatic post in Benghazi, Libya.
The special life of HRC.

In N.H., Democrats fight to get out of Clinton’s shadow

The Boston Globe

Friday, May 22, 2015

Los Angeles Pummels the Poor. A $15 an hour wage floor is a cruel and stupid policy

FEE

Prominent Ecoomists For Free Trade Agreements

University of Chicago

Adult dating site hack exposes sexual secrets of millions

CNN Money reports:
More than 3.5 million people's sexual preferences, fetishes and secrets have been exposed after dating site Adult FriendFinder was hacked.

Already, some of the adult website's customers are being identified by name.

Adult FriendFinder asks customers to detail their interests and, based on those criteria, matches people for sexual encounters. The site, which boasts 64 million members, claims to have "helped millions of people find traditional partners, swinger groups, threesomes, and a variety of other alternative partners."

The information Adult FriendFinder collects is extremely personal in nature. When signing up for an account, customers must enter their gender, which gender they're interested in hooking up with and what kind of sexual situations they desire. Suggestions AdultFriendfinder provides for the "tell others about yourself" field include, "I like my partners to tell me what to do in the bedroom," "I tend to be kinky" and "I'm willing to try some light bondage or blindfolds."
The risks of online dating.

Deportations Not A Problem Beyond U.S. Borders

IBD

Wall Street Could Win Big If SCOTUS Guts Fair Housing Act

The Huffington Post

David Gilmour BBC Interview - How he gets his sound

Yellen: 1st rate hike likely by year end

The AP reports:
Federal Reserve Chair Janet Yellen said Friday she expects to begin raising interest rates later this year — if the job market improves and the Fed is confident inflation will climb closer toward its target rate.

She described the U.S. economy as “well positioned for continued growth,” but at the same time highlighted a number of headwinds that threaten progress. Job wages have been disappointing, and too many people who want full-time jobs and instead working part-time, she said. She also noted a lackluster housing recovery and modest business investment.

The Fed has kept its key benchmark rate at a record low near zero since December 2008.

“I think it will be appropriate at some point this year to take the initial step to raise the federal-funds rate target and begin the process of normalizing monetary policy,” Yellen said to the Greater Providence Chamber of Commerce in Providence, Rhode Island.
"Probably".

FBI admits no major cases cracked with Patriot Act snooping powers

The Washington Times reports:
FBI agents can’t point to any major terrorism cases they’ve cracked thanks to the key snooping powers in the Patriot Act, the Justice Department’s inspector general said in a report Thursday that could complicate efforts to keep key parts of the law operating.

Inspector General Michael E. Horowitz said that between 2004 and 2009, the FBI tripled its use of bulk collection under Section 215 of the Patriot Act, which allows government agents to compel businesses to turn over records and documents, and increasingly scooped up records of Americans who had no ties to official terrorism investigations.

The FBI did finally come up with procedures to try to minimize the information it was gathering on nontargets, but it took far too long, Mr. Horowitz said in the 77-page report, which comes just as Congress is trying to decide whether to extend, rewrite or entirely nix Section 215.


Just a reminder.

Google Will Soon Use Wind Power to Run Its HQ

Wired

The Main Reason Socialism Can't Work

Need a job? China Inc. is coming to Illinois—and it's hiring

Crain's Chicago Business

The New World of Breaking Bad — Jeffrey Tucker

What Is Causing The Strange Trumpet Sounds In The Sky All Over The World?

Infowars

Ted Cruz Owns a Reporter in Beaumont, TX on Question About Gay Marriage

Feminists React to #FakeRape on Twitter

Democratic lawmakers tell Obama to stop ‘jailing’ migrant children, moms

McClatchy

The Fall of Lawyers

Instapundit has this quote:

The American legal profession has faced a tsunami of bad news since 2008. White-shoe, corporate law firms have faced waves of layoffs or even shuttered their doors. While the very top firms are rolling again, the 50 years of explosive growth that started in the 1960s are now a memory.

But at least corporate lawyers have had recent glory days. Solo practitioners, the largest single group of American lawyers and the heart and soul of the profession, have struggled for a quarter of a century.

Since the 1960s the IRS has collected and published income levels for all American lawyers filing as solo practitioners. In 1988, solo practitioners earned an inflation-adjusted $70,747. By 2012, earnings had fallen to $49,130, a 30% decrease in real income. And note, $49,130 is not the starting salary for these lawyers. It is the average earnings of all 354,000 lawyers who filed as solo practitioners that year.

And the bad news has just started for these lawyers, who now face new competition from online providers of legal services such as LegalZoom and Rocket Lawyer.

Law school applications have plummeted. If the current trend continues, fewer students will apply to law school in 2015-16 than enrolled in law school in 2010-11. Law schools are closing campuses, merging and buying out faculty and staff.
Should taxpayers encourage more people to go to law school? I think you know the answer.

Watch Barack Obama make the case against the Export-Import Bank

Vox

Leftist Salon Upset That Mattress Girl Is Being Called a Liar



Salon

Skull and Bones Member Stephen Schwarzman Gives Big to Yale: Yale University received a $150 million gift from Stephen Schwarzman


Inside Higher Ed

Incoming Boston University professor talks about the time she impersonated another woman online


The Boston Globe

Health Insurers Seek Hefty Rate Boosts. Proposals set the stage for debate over federal health law’s impact


The Wall Street Journal

On Social Ideology, the Left Catches Up to the Right


Gallup

Rove’s Crossroads PAC Is No Longer G.O.P.’s ‘Big Dog’

The New York Times reports:
For three election cycles, American Crossroads, the brainchild of Karl Rove and other leading Republican strategists, has been among the most powerful forces in national politics, a shadow party that has spent hundreds of millions of dollars on advertising, data and opposition research to help elect candidates.

But in the early days of the 2016 presidential campaign, Crossroads — among the first outside groups to fully exploit the Supreme Court’s Citizens United decision unleashing wealthy donors and corporations — has been buffeted by a rapidly changing political landscape that is testing its pre-eminence, and potentially its survival.

The nonprofit arm of Crossroads is facing an Internal Revenue Service review that could eviscerate its fund-raising. Data projects nurtured by Mr. Rove are being supplanted in Republican circles by a more successful initiative funded by the Koch political network, which has leapfrogged the Crossroads organizations in size and reach.
Competition.

Hillary's campaign-finance reform advocacy isn't hypocrisy, it's self protection

The Washington Examiner

Peter Thiel on the Future of Innovation

Pew: Hillary's 'favorability' plummets 17 points, lowest in 7 years


The Washington Examiner

Economic Cycles Before the Fed | Thomas E Woods, Jr.

Nonprofit grocery store set to open in Dorchester, Mass.


The Boston Globe

Why 1 in 4 Silicon Valley homebuyers want to leave

CNBC

McConnell promises Ex-Im Bank vote


The Hill

Gallup: At least 20% of Americans are gay, as estimated by … more than half of Americans

Hot Air

Warren was paid up to $90,000 as witness in 2000 trade case

Politico reports:
Elizabeth Warren is trying to kill President Barack Obama’s trade agenda by raising the specter that foreign companies could use an investor-friendly arbitration system to circumvent the U.S. court system.

But she hasn’t discussed her own role 15 years ago in the arbitration system she opposes — as a paid expert witness earning as much as $90,000 from the U.S. government.


The expert.

End the IRS Before It Ends Us (with Grover Norquist)

Washington Post Attacks Rubio: He’s Not Rich!

Powerline

Welcome To The Oligarch Recovery: 82% Of US Construction Is Luxury Units

Zerohedge

Chris Matthews Defending Hillary: FDR Was 'Secretive' and Turned Out Best President of 20th Century

Newsbusters reports:
Wrapping up a segment dealing with fresh revelations from newly-released Hillary Clinton emails pertaining to Benghazi, MSNBC Hardball host Chris Matthews on Thursday night dutifully spun that Hillary's "secretive" nature was not a drawback but may in fact be a net positive, comparing her to "secretive" and "manipulative" FDR, who, in Matthews's estimation, was America's best president of the 20th century, if not the entire history of the Republic.
Chris Matthews : Democrat with byline. No word yet on this story from Chris' wifey.

Democrat To Grads: ‘They Go To College for Free in Germany’

CNS News

The Trigger-Happy Generation. If reading great literature traumatizes you, wait till you get a taste of adult life.


The Wall Street Journal

Notre Dame Dealt Setback In Obamacare Lawsuit

The Daily Caller

Smart Factories: The Next Industrial Revolution


Stratfor

Clinton Foundation reveals up to $26 million in additional payments

The Washington Post