Barron's annual roundtable of 10 veteran investors and economists agree that there's almost no chance of a recession this year. The roundtable's view of stocks is decidedly, albeit cautiously, optimistic, Barron's reported. The 10 experts "all spoke of high valuations and noted a lack of catalysts to drive stocks higher. That led to some bemoaning that it's becoming increasingly hard to find good value in today's market," Barron's said. read more
Barack Obama and Donald Trump are tied this year as the most admired man. It is Obama's 12th time in the top spot versus the first for Trump. Michelle Obama is the most admired woman for the second year in a row. read more
A federal appeals court on Wednesday struck down Obamacare's individual mandate in a decision that immediately thrusts the health care law to the forefront of the 2020 elections. However, the appeals court ruling largely ducked the central question of whether the rest of the Affordable Care Act remained valid after Congress removed the penalty for not having health insurance. read more
"The Senate is not simply a jury," [Chief Justice William Rehnquist] ruled. "It is a court in this case." Rehnquist thus admonished the House Managers "to refrain from referring to the Senators as jurors." For the balance of the trial, they were called "triers of law and fact." Rehnquist and Harkin got it right. Article III of the Constitution provides that "Trial of all Crimes, except in Cases of Impeachment, shall be by Jury," and for good reasons. read more
President Donald Trump, the first modern president to face impeachment during his first term in the White House, now leads his top Democratic rivals in his bid for a second, a new USA TODAY/Suffolk University Poll finds. read more
47% of Americans live in poverty. - #11 | Posted by kudzu at 2020-01-14 07:45 AM
^^^^ is a lie.
The official poverty rate in 2018 was 11.8 percent, down 0.5 percentage points from 12.3 percent in 2017. This is the fourth consecutive annual decline in poverty.census.gov
Once upon a time minimum wage earners were predominantly young people living with their parents or attending college....#80 | Posted by moder8 at 2020-01-10 02:38 PM |
As per the norm, moder8 is full of crap.
Age. Minimum wage workers tend to be young. Although workers under age 25 represented only about one-fifth of hourly paid workers, they made up about half of those paid the federal minimum wage or less. Among employed teenagers (ages 16 to 19) paid by the hour, about 8 percent earned the minimum wage or less, compared with about 1 percent of workers age 25 and older. (See tables 1 and 7.)www.bls.gov
Fewer Americans today make the federal minimum wage or less. In 1980, when the federal minimum wage was $3.10 ($9.41 in 2018 dollars), 13% of hourly workers earned the federal minimum wage or less. Today, only 2% of workers do...Many of the 1.7 million minimum wage earners are young, with almost 70% being 16 to 34 years old.usafacts.org
Someday moder8 will stop lying speaking from positions of ignorance.
I wonder how the possible meddling in the primaries that Russia is currently being investigated for engaging in is going to shift these numbers. Which Democratic candidate is most likely to benefit from such foreign interference.
www.bloomberg.com
The terrorist organization, Iranian Revolutionary Guard Corps, 'accidently' shot down an international passenger jet. Ok.
"US Designates Iran Revolutionary Guard a Terrorist Group" www1.cbn.com
The House chose to withdraw the subpoenas rather than try to get the courts to make a ruling.
www.cnn.com
Iran claims mechanical problems. Ukranian Airlines requests that Iran retract that statement and have cancelled flights into Iran.
It seems it would be pretty odd to suspend flights into Iran indefinitely because of an isolated "mechanical problem".
twitter.com
And it wasn't in pallets. If memory serves, Obama released the freeze on Iran's money in increments as Iran brought itself in line with the terms of the Accord. - #30 | Posted by Twinpac at 2020-01-03 02:56 AM
It wasn't worth a .5sec google search to correct yourself before trying to disprove a factual statement? At least do us the favor of not forcing us have to point out your false statements.
www.latimes.com
The $1.7 billion was the settlement of a decades-old arbitration claim between the U.S. and Iran. An initial $400 million of euros, Swiss francs and other foreign currency was delivered on pallets Jan. 17, the same day Tehran agreed to release four American prisoners.
Politician rallies political allies amidst political process.