Is The Free Market System biting Walmart in the ass?
by "Bungalow Bill."
February 28, 2013
A memo coming from Bentonville, Arkansas, says Walmart starting to struggle in this tough economy. A leak at the Walmart Corporate Headquarters that caught the attention of Bloomberg and Zero Hedge says first quarter 2013 sales are way down--the worst in decades.
"In case you haven’t seen a sales report these days, February MTD sales are a total disaster,” Jerry Murray, Wal-Mart’s vice president of finance and logistics, said in a Feb. 12 e-mail to other executives, referring to month-to-date sales. “The worst start to a month I have seen in my ~7 years with the company.... That points to our competitive landscape, which means everyone is suffering and probably worse than we are”
Another senior executive [....]
Sooo, Which White House hoodlum Threatened WaPo's Bob Woodward?
"You don't go around trying to say to reporters....
'You're going to regret this....'
....Makes me very uncomfortable"
by Reaganite Republican,
February 28, 2013
Arrogant people tend to think they're invincible once they fall in love with their own empty legend. 'Delusions of grandeur' if you will, and man does Barack Obama seem the textbook example. Throw-in Chicago Machine training and you've got a power-mad fool who won't brook one micron of dissent...But when this morally-warped megalomaniac ALWAYS gets his way by hectoring Republicans, the media, or anybody else in the way, where's the motivator for the guy to ever change?Obama also thinks he owns the press, and I guess he's mostly right there- yet pride cometh before the fall: Rule #1 if you're going to pick a fight would be 'know what you're getting into'-
and maybe -just maybe- famed Washington Post investigative reporter Bob Woodward wasn't the one to screw with, huh- [....]
Of the People; By the People and AGAINST the People
by Ben Crystal,
Personal Liberty Digest
February 26, 2013
As I read the article that was so blatantly planted in Saturday’s Washington Post, I couldn’t help but think: If only our good friends in Washington were as dedicated to doing something constructive with their time, such as not spending our money like drunken sailors on shore leave. I’m sure some of you missed it. Don’t think for one minute that isn’t why Ed O’Keefe’s piece, “Senators near a deal on background checks for most private gun sales,” was buried in the least-read edition of the week.
It seems as if the Federal government has abandoned its attempts to breach the Bill of Rights’ front door and has instead decided to [....]
Higher Minimum Wages
by Dr Walter E. Williams,
February 26, 2013
In his State of the Union address, President Barack Obama proposed raising the minimum wage from $7.25 an hour to $9 an hour. That would be almost a 25 percent increase. Let's look at the president's proposal, but before doing so, let's ask some other economic questions.
Are people responsive to changes in price? For example, if the price of cars rose by 25 percent, would people purchase as many cars? Supposing housing prices rose by 25 percent, what would happen to sales? Those are big-ticket items, but what about smaller-priced items? If a supermarket raised its prices by 25 percent, would people purchase as much? It's not rocket science to conclude that when prices rise, people adjust their behavior by purchasing less.
It's almost childish to do so, but I'm going to ask questions about 25 percent price changes in the other way. What responses would people have if the price of cars or housing fell by 25 percent? What would happen to supermarket sales if prices fell by 25 percent? Again, it doesn't require deep thinking to guess that people would purchase more.
This behavior in economics is known as [....]
Survivors of Rape Speak Out Against Gun Control
by Tiffany Gabbay,
February 26, 2013
On his Tuesday evening broadcast, Glenn Beck hosted a special guest panel comprising people who have survived the unspeakable atrocity of rape. What’s more, these guests maintain that their attack might have been prevented if they had been equipped with a means of self-defense. Many of the attacks occurred in gun-free zones, underscoring the reality that people of goodwill were left defenseless, while those with an intent to do harm still found a way to wreak their havoc.
Included on the panel was Amanda Collins, who was raped at gunpoint in a garage situated on her college campus. Her attacker, James Biela, had already raped two other women and murdered a third. He is now serving his sentence on Death Row.
It can and has certainly been argued that Collins, who was trained in the proper use of guns from childhood, could have stopped her attacker had she been carrying a weapon, and perhaps even saved other lives Biela would target next. According to Beck, Collins did in fact own a gun [....]
Hilarious Green Screen Prank on Weather Girl
US: What Sequestration Will Do to the Military
March 1, 2013
SummarySequestration, the automatic spending reductions scheduled to take effect March 1, will affect the U.S. military's ability to project force around the world. The current continuing resolution that Congress is using to fund the entire government until March 27 has already affected U.S. forces. The longer these funding cuts continue, the more degradation the U.S. military will incur, with longer-lasting effects.
Although Stratfor typically does not examine domestic U.S. issues, this one is geopolitically significant. The U.S. military, and particularly the Navy, is the most powerful force projection instrument in the world. When the sequester takes effect, it will immediately reduce military spending by 8 percent, with more [....]
Jack Lew and Citigroup: How the Corrupt Rich Get Richer with Cronyism
by Daniel J. Mitchell,
March 3, 2013
If you’re an amoral person with political connections, it’s possible to make a lot of money.
Warren Buffett lined his pockets by making a government-subsidized investment in Goldman Sachs during the financial crisis.
The rest of us suffered and he got richer, but the left seems to be okay with that perverse form of redistribution because he supports class-warfare tax hikes. Sort of like buying an indulgence in the Middle Ages.
Hey, nice work if you can get it.
But Buffett may be an amateur compared to the crony capitalists at Citigroup.
The just-confirmed Treasury Secretary Jack Lew was given a huge bonus for leaving Citigroup several years ago. Did the company give Lew a bonus because they were happy to shed his $1.1 million salary after he presided over gigantic losses at the firm’s alternative investments division?
Don’t be silly. He was showered with money specifically for leaving the company to take a “high level position with the United States government”
Again, nice work if you can get it.
But Lew’s loot is pocket change compared to the $115 million that former Clinton Treasury Secretary Robert Rubin received for helping to steer the company into financial collapse.
So is this evidence that the private sector is systematically stupid? [....]
‘We Will Not Comply!’
by Jason Howerton,
February 28, 2013
The National Rifle Association on Thursday held a massive rally in Albany, N.Y. to protest the Empire State’s restrictive gun laws signed into law by Gov. Andrew Cuomo in January. The state’s massive gun control package gave New York the strictest gun laws in the United States.
NRA President David Keene fired up thousands of supporters outside the state Capitol, saying “we’ve lose battles before, we’ll not lose this war.”
“We’ll help you defeat the politicians depriving you of your rights,” Keene said. “We’ll do whatever is necessary. We will not allow those freedoms to be taken from us.”
NRA membership has seen a steady increase as lawmakers continue to debate future gun control legislation. Keene said the NRA now has close to 5 million members.
Keene also reminded New Yorkers that [....]
obama's Rat Madness
by John Ransom,
February 28, 2013
The New York Times has published a science and technology story about Duke researchers who have used one animal’s brain to get another animal to react.
In One Rat Thinks, and Another Reacts, the Times writer James Gorman reports that “Miguel Nicolelis, known for successfully demonstrating brain-machine connections, like the one in which a monkey controlled a robotic arm with its thoughts, said this was the first time one animal’s brain had been linked to another.”
Well, Nicolelis may know rat research, but he’s not in politics.
If he was, he’d recognize that getting one rat to think and another rat to react is one of the first skills you acquire when professionally pandering to citizens.
It’s, frankly, something that is happening every day, all day long, in offices from Foggy Bottom to [....]
Until Next Sunday....