Rick Santelli's Chicago Tea Party |
- LA Mayor Calls for $8B Property Tax Hike
- Companies paid more for wholesale goods, though inflation pressures muted
- Tennessee Woman Told to Remove American Flag Outside Her Optometry Office
- Fact following fiction? Scientists plan mission to blow up an asteroid ‘hurtling towards Earth’
- The Skinny on Sweeteners
- Republican Party Blindness
- Lambertville vandalism turns life-threatening
| LA Mayor Calls for $8B Property Tax Hike Posted: 17 Aug 2011 11:41 AM PDT By James Nash and Christopher Palmeri, Bloomberg.com Los Angeles Mayor Antonio Villaraigosa proposed dismantling California's Proposition 13, which helped begin a nationwide anti-tax movement, in favor of a "grand bargain" that would boost levies on business property. The Democrat who leads California's largest city called on Governor Jerry Brown not to shrink from making sweeping changes in state tax laws that Villaraigosa, 58, said could produce as much as $36 billion a year in new revenue. Villaraigosa urged the removal of Proposition 13's limits on commercial-property assessments while retaining its cap for homes. The mayor said boosting tax revenue in the most-populous state would shore up the University of California system, promote budget stability and restore public-school funds. "It's time to address the unfairness inherent in a system that allows Wall Street hedge-fund managers to devise complex real-estate investment trusts that give the super-rich a free pass on taxes every ordinary homeowner in California has to pay," Villaraigosa said in a speech at the Sacramento Press Club. "Let's apply, as an idea, Proposition 13's protections to homeowners and homeowners alone." The 1978 referendum, which allows unlimited reassessments for tax purposes only when property is sold, excludes some commercial transactions in real-estate investment trusts, or REITs, according to the mayor. To read more, visit: http://www.bloomberg.com/news/2011-08-16/l-a-mayor-calls-for-8b-property-tax-hike.html |
| Companies paid more for wholesale goods, though inflation pressures muted Posted: 17 Aug 2011 11:36 AM PDT From: WashingtonPost.com WASHINGTON — A key measure of wholesale inflation rose in July by the most in six months. The measure, called core wholesale inflation, excludes volatile food and energy prices. It surged 0.4 percent last month. But most economists say they aren't concerned about the increase. One reason is that it was driven largely by costlier tobacco products and pickup trucks, which economists say are probably one-time events. Raw material prices also fell in July. Those figures should lead to lower wholesale prices in coming months. And the costs of components are rising more slowly than the costs of the finished goods calculated in the inflation measure. The Federal Reserve and private economists tend to focus on core inflation. It's seen as a better predictor of price changes than overall inflation is. To read more, visit: http://www.washingtonpost.com/business/economy/companies-paid-02-pct-more-for-raw-materials-and-factory-goods-in-july-food-prices-rise/2011/08/17/gIQA3ut6KJ_story.html |
| Tennessee Woman Told to Remove American Flag Outside Her Optometry Office Posted: 17 Aug 2011 11:29 AM PDT By Todd Starnes, FoxNews.com Dawn Kamin said she would expect opposition to the flying of an American flag in more liberal parts of the country – but not the suburbs of Memphis, Tenn. Kamin said she was ordered to remove an American flag she had posted outside her optometry office. "I was just appalled," said Kamin, who runs Affordable Eye Care in Germantown, Tenn. "It's the American flag. Really?" Really. According to a letter sent to Dr. Kamin, the flag pole and the flag violated the bylaws of the business condominium group. She was told to take down the flag or face the consequences. Officials with Tesco Properties told Fox News Radio they would not comment on specific issues related to the flag controversy "as they should be dealt with in the appropriate manner between the parties and not through the media." To read more, visit: http://www.foxnews.com/us/2011/08/17/tennessee-doctor-told-to-remove-american-flag-flying-at-office/ |
| Fact following fiction? Scientists plan mission to blow up an asteroid ‘hurtling towards Earth’ Posted: 17 Aug 2011 11:26 AM PDT By TED THORNHILL, Dailymail.co.uk It seemed far-fetched on the silver screen. But the European Space Agency is planning to launch a mission similar to the plot of Hollywood movie Armageddon, in which Bruce Willis and his intrepid team attempt to blow up a huge asteroid that's hurtling towards Earth. The real version, if it goes ahead in 2015, will see a satellite fired at break-neck speed into a 'test' asteroid to see if its course changes. The aim is to assess whether it would be possible to save Earth using this method, should we discover that an asteroid is on a collision course with our planet. The mission, called Don Quijote , will involve sending two spacecraft towards a near-Earth asteroid. One will be an 'impactor', which is fired into the asteroid, the other an orbitor that will analyse data from the experiment. To read more, visit: http://www.dailymail.co.uk/sciencetech/article-2026710/Fact-following-fiction-Scientists-plan-mission-blow-asteroid-hurtling-Earth.html |
| Posted: 17 Aug 2011 10:25 AM PDT By Felicia Stoler, FoxNews.com Are you confused by the vast array of sweeteners that are used in foods? I find that our society has demonized the word "sugar," perhaps because we think of blood glucose as blood "sugar" and for decades we associated sugar with being bad for diabetics. Many people that I encounter, including patients, tell me that when they read a nutrition facts panel, they look to see how much sugar is in the product. I always follow up by asking them, "Do you know how many grams of sugar you need each day and do you understand the difference between naturally occurring sugars and added sugars?" The answer is always a resounding "no." Some studies have linked long-term consumption of sugar to dental problems, diabetes, obesity and heart disease, so moderation is key. But sugar isn’t the only option. Many natural and artificial sweeteners exist out there, but it’s hard to keep track. And new research suggests that no-calorie sweetners may not be the best alternative… Emerging Alternatives to Sugar Saccharin was first "discovered" by accident in the lab by Constantin Fahlberg in 1878 and became used commercially shortly thereafter. Its use became widespread during sugar shortages during World War I. Its popularity increased in the 1960s and 1970s – as pink packets of Sweet'n Low were seen everywhere and many diabetics, and consumers, were happy with the calorie-free sweetener that did not impact blood glucose. It is considered to be 200 to 700 times sweeter than sugar, and some find the taste unappealing. Aspartame was approved for use in 1981 and for use in foods in 1983. It is 180 to 200 times sweeter than sugar and brand names include Equal and NutraSweet. But there has been some controversy over the safety of aspartame. When the FDA approves ingredients, companies must prove there is no harm from consumption – the term often used is carcinogenic (or cancer-causing). However, advances in research and testing methods have researchers questioning safety from a different perspective – neurotoxicity and other illnesses. To read more, visit: http://www.foxnews.com/health/2011/08/16/skinny-on-sweeteners/ |
| Posted: 17 Aug 2011 10:20 AM PDT WRITTEN BY JACK KERWICK, PH.D., TheNewAmerican.com Beginning in 2000, with the election to the presidency of George W. Bush, the Republican Party enjoyed control over both the legislative and executive branches of government. Election Day, 2006, however, marked the beginning of the end of this era, and by November of 2008, voters had long since resolved to bring the Republicans' reign to a decisive close. While watching the Iowa Republican presidential primary debate, one could be forgiven for thinking that none of this had happened. With the sole exception of Ron Paul, there wasn't a single other candidate on the stage who so much as signaled regret over, much less repudiate (as Paul did), the very Republican Party agenda with which Americans became thoroughly disenchanted three years ago — an agenda to which, judging from the candidates' utterances, Republicans remain committed today. To put it in terms of our contemporary political vernacular, President Bush's "Compassionate Conservatism" is apparently alive and well in the Republican Party of 2011. The foreign policy component of this agenda especially continues to elicit virtually unanimous, and not infrequently, impassioned, support from the establishment — whether it’s in Washington or "conservative" media guises. An exchange between former Senator Rick Santorum and Congressman Paul at the the debate in Ames, Iowa, was particularly instructive in this regard. Santorum expressed unmitigated pride in having endorsed the Iraq War — a seemingly intractable conflict undertaken for reasons that are as dubious as its objectives have been elusive. It was this issue more so than any other that explains the angst that the nation developed toward the GOP. Yet considering that neither the other candidates — except, of course, for Ron Paul — nor anyone else who originally supported this scandalous waste of life and treasure sought to correct Santorum, it is more reasonable than not to suppose that his pride over this eight-year war is also theirs. In addition to this, Santorum gave expression to precisely the sort of hysteria over the prospect of a nuclear-armed Iran that informed our entry into Iraq. That is, he not-so-subtly indicated a readiness to involve America in another military adventure in the Middle East. Inferring from the silence of his competitors — again, excepting Ron Paul — and the "conservative" media's verdict that Santorum "schooled" Paul on the need for America to prevent Iran from acquiring a nuclear weapon, the GOP has emphatically not amended its ways, its protestations to the contrary aside. To read more, visit: http://www.thenewamerican.com/opinion/jack-kerwick/8625-republican-party-blindness |
| Lambertville vandalism turns life-threatening Posted: 17 Aug 2011 10:14 AM PDT From: MyFoxAL.com LAMBERTVILLE, MI (WTOL) – The Monroe County Sheriff’s Department is working to solve a case of vandalism that turned life-threatening. John King was shot in the arm last week when he surprised a man trying to slash the tires on the truck at his Lambertville home.The word “scab” was also scrawled on the side. King says he became suspicious when he saw an outside security light outside go on. When he stepped out of his front door, the man fired one shot and ran off. King is the owner of the largest non-union electrical contracting company in the area. To read more, visit: http://www.myfoxal.com/story/15273318/lambertville-vandalism-turns-life-threatening?clienttype=printable |
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