Chriss W. Street

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Californians Pay $0.72 More for Gasoline than Texans

If California rapidly develops its huge energy potential, the state will experience one of the greatest employment and economic booms in our nation’s history. Companies are already leaving China for utility costs are 2/3 cheaper in America. If California joins the shale fracking boom, it will once again become the very Golden State again. Apr 7, 2014 11:42 AM PT

California: Here Come the Oil Trains

Phillips 66, formerly a division of energy giant ConocoPhillips, recently filed a project proposal to bring mile-long crude oil trains from Canada and North Dakota to its refinery in California’s San Luis Obispo County. If approved, the project would mean up to 250 trains a year would each haul two million gallons of crude oil into California and travel on the same tracks used for Amtrak commuter rail trains in the San Francisco Bay Area. Apr 6, 2014 4:00 PM PT

Brazil Military Storms Ghetto near World Cup

About 2,750 Brazilian soldiers and military police on April 5th invaded a 4 square miles complex of Rio de Janeiro slums with armored personnel, according to the Rio Times newspaper. More than 1,000 police officers and marines had been trying all week to establish control over the ghetto before the opening of the World Cup competition on June 12th. Apr 6, 2014 4:57 AM PT

It's the Ring of Fire, Not the End of Times

The common denominator between my Breitbart published story, “Earth Quake Storm Rattles California,” about the 100 quakes of up to 5.3 magnitude that rolled through Southern California on Saturday, the 8.1 magnitude monster that pummeled Chile Tuesday, and the 5.8 magnitude shaker that hit Panama today is that they are nature’s announcement that the volcanic Ring of Fire is moving into its most active cycle. Apr 4, 2014 10:27 AM PT

Veterans Administration Secretly Settled 1,000 Wrongful Death Claims

With the Veterans Administration (VA) about to face hearings on Capitol Hill regarding preventable deaths in their system, the Center for Investigative Reporting (CIR) released a report exposing the VA ha secretly paid $200 million to settle nearly 1,000 wrongful deaths over the decade following 9/11. The VA settlements were broadly based with agreements signed in every state in America except Alaska. Apr 3, 2014 3:50 PM PT

Soldiers Safer at Walmart Than at Ft. Hood

For the third time in five years, armed military personnel have plotted attacks on unarmed soldiers at the Fort Hood military post in Killeen, Texas. On April 2nd, a gunman opened fire, killing three people and wounding as many as fourteen before committing suicide. Apr 3, 2014 12:22 PM PT

Insurance Stocks Party Like It's Obamacare

The stock price of UnitedHealth Group Inc., America’s largest health care company, is up +263% since Obamacare was signed into law just over four years ago on March 23, 2010. Over the ten year period prior to Obamacare, UnitedHealth stock was down by 10%. Apr 3, 2014 2:37 AM PT

New Cold War with Russia Heating Up in Syria

As President Obama was reading his teleprompter on March 20th to announce sanctions against Russia, Syrian rebel forces, led by al Qaeda-linked Islamic Front and Jabhat al-Nusra, launched a surprise offensive in northwestern Syria near the Turkish border. Apr 1, 2014 1:03 PM PT

Deflation Causes Europe to Run Out of Other People's Money

European elites are panicking over a report in the Financial Times of London titled "Data Deepen Eurozone Deflation Fears." With government spending at 50% of the gross domestic product, the 28 countries of the European Union have pursued economic policies that generate inflation to spike tax collections by pushing their citizens into higher progressive tax brackets. Having stifled economic growth and used inflation to tax away prosperity, European elites should panic. Mar 31, 2014 2:08 PM PT

Senate Democrats Want $65 Billion in Business Tax Breaks

Ronald Reagan famously once said: “We could say [Democrats] spend money like drunken sailors, but that would be unfair to drunken sailors. It would be unfair, because the sailors are spending their own money.” With Democrats looking like they may lose control of the Senate this year, Finance Committee Chairman Ron Wyden (D-OR) just announced he will introduce a bill to bring back a $65 billion honey pot of special interest tax breaks that expired on December 31st. Mar 29, 2014 1:25 PM PT

Fed Chair Janet Yellen Hammers Growth Stocks

Stocks that comprise the volatile NASDAQ Composite Stock Index suffered their worst weekly losses in 15 months with a 2.8% plunge, as Wall Street continued to reel from Federal Reserve Chairman Janet Yellen’s March 19th warning that the Fed intended to begin a cycle of raising short-term interest rates within the next six months. Mar 29, 2014 10:13 AM PT

Earthquake Storm Rattles California

California suffered an “earthquake storm” on Friday night. At 8:03 PM Southern California suffered a small 3.6 earthquake on the Richter scale; followed at 9:14 PM with what the U.S. Geological Survey called a “moderate” 5.1 quake that lasted for four minutes; followed five minutes later with a “small” 2.3 quake. Mar 29, 2014 5:59 AM PT

Government Austerity Drives Private Sector Growth

The Obama Administration screamed during the government shutdown last October that cutting federal spending would tank the economy and lead to higher unemployment, but the Bureau of Economic Analysis announced that despite a huge 4.6% quarterly cut in federal spending over the months of October, November, and December, the private sector economy accelerated by a roaring 3.6%. Mar 28, 2014 10:50 AM PT

Gallup Polling Warns of Democrat Wipeout in 2014

With the president’s approval ratings on key issues according to a new Gallup poll at or below the 2010 lows that resulted in a Republican election landslide, Democrats should “be afraid” of an election wipeout in 2014. Mar 25, 2014 8:07 AM PT

Union Leadership Overhead Costs Contribute to 80% Membership Decline

Steve Early, longtime union staff member and prolific socialist writer, just published Save Our Unions: Dispatches From a Movement in Distress, which directly blames bloated union overhead costs as a major contributor to the decline of the union movement. Mar 25, 2014 1:21 AM PT

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