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Economics

Tawni's Ponies (Courtesy Tawni Angel)

‘Tawni’s Ponies’ Win First Round in Defamation Case

Small business owner Tawni Angel has won the first round of her court battle against a radical animal rights activist who is attempting to ban Angel’s popular pony rides from a weekly Santa Monica farmers’ market. Los Angeles Superior Court Judge Lisa Hart-Cole ruled last Thursday that Angel’s lawsuit against activist Marcy Winograd can proceed, finding that Angel demonstrated a “sufficient probability of prevailing” on the question of whether Winograd had defamed her.

Oil Train (Matt Brown / Associated Press)

More Oil-Trains Headed for California

On Sunday, the Center for Biological Diversity held a public forum at the San Jose City Hall to educate residents about what they believe are the dangers of so called oil-trains. According to the Center, tar sands oil and heavy crudes that will be brought in from Canada are most toxic, carbon intensive and dirtiest fuels on the planet.

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What About The American Worker?

The biggest casualty of the President’s executive amnesty, aside from the Constitution, has been the American worker. President Obama is handing out millions of work permits to illegal aliens at a time when many Americans are struggling to find a job. It is difficult to grasp why President Obama seems more interested in lending a helping hand to illegal aliens than American workers. Sadly, the issuance of work permits is often an overlooked part of the President’s amnesty.

Jerry Brown (Rich Pedroncelli : Associated Press)

Jerry Brown Takes on the Left

Once again, California Gov. Jerry Brown is heading for a confrontation with labor groups, social welfare groups, and Democratic legislators who want Brown to raise taxes and expand spending. The newly re-elected Brown successfully pushed through temporary sales and income taxes three years ago with Proposition 30, but refuses to continue whole-heartedly in that direction, preferring to let the taxes die by 2018.

AVI Pornography Convention (John Locher / Associated Press)

Pulling out, California Porn Industry Faces New Risks

High taxes, strict regulations, and a higher cost of living are converging to push the porn industry out of California and into other states like Nevada and Florida, where rules governing the adult entertainment business are more relaxed. However, the relief may be short-lived.

AP Photo/Petros Giannakouris

Now Greeks Should Dump the Euro

By electing Syriza leader Alexis Tsipras to be premier, Greeks voted to end the draconian economic measures imposed by Germany and other international lenders.

Leftist Alexis Tsipras wins Greek elections for SYRIZA

Greece Hits The Bottom of the Socialist Death Spiral

Americans who haven’t been paying much attention to the collapse of Greek socialism have been missing a very instructive lesson in where their own country may be heading, for Greece is the end stage of Obama-style debt-fueled dependency politics. It could happen in America, too, most likely beginning with demands for huge federal bailouts by bankrupt Democrat-run basket case state governments.

Louisa Gouliamaki / AFP

Beware of Greece Demanding Debt Relief

Insolvent Greece is at the center of the European Financial Crisis that has led to a 20 percent devaluation of the exchange rate of the euro against the U.S. dollar. Polls indicate that in parliamentary elections on Sunday, the main leftist and center-right parties will finish one and two.

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Zuckerman: Obama Econ Platform ‘Doesn’t Address’ Problems

US News and World Report Chairman and Editor-in-Chief and publisher of the New York Daily News, Mort Zuckerman argued that President Obama’s economic plan “doesn’t address what is happening in this country” on Friday’s “McLaughlin Group.” While Zuckerman said that

Euro-Notes_Reuters

Germany Carves Out a Backdoor Exit from the Euro

The European Central Bank (ECB) gave the Left and their allies meeting in Davos, Switzerland, everything they could have hoped for with the announcement that they have agreed to print $1.13 trillion of new cash to buy the national debt of their insolvent members. But “hidden within the announcement is evidence of Germany’s weakening commitment to the European project,” according to Stratfor.

AP

John Deere to Lay off 865 Iowans

The world’s largest farm equipment company, Deere & Co, announced on Friday it plans to lay off at least 865 Iowa workers and another 45 of its Illinois employees.

Apple Sweatshop in China

Apple & Friends Hammered for Employment Fraud

Apple, Google, Adobe and Intel, whose politics are often to the far left, have agreed to pay $415 million to resolve a class-action lawsuit alleging they conspired as an illegal cartel to suppress tech workers’ wages through secret “non-poaching” agreements involving 64,000 employees.

AP

Google to Blow-up Wireless Duopoly

Eric Schmidt told the World Economic Forum in Davos, Switzerland this week that “the Internet will disappear.” As he was speaking, The Information, The Verge and the Wall Street Journal reported that Google plans to run a new wireless service that resells the wireless services it already buys wholesale from the Sprint and T-Mobile networks. Google, Sprint and T-Mobile all declined to confirm or deny the reports.

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Biden on Reaganomics ‘Yeah That’s a Good Idea Man’

Thursday at the U.S. Conference of Mayors, while discussing Senate Majority Leader Mitch McConnell (R-KY) recently taking credit for positive upticks in the economy, Vice President Joe Biden admitted when he was in the Senate in the 1980s, he took

AP Photo/Gregory Bull

Middle Class Hits 50 Year Low on President Obama’s Watch

President Barack Obama in his State of the Union speech said, “The verdict is clear, middle class economics works.” Obama said lots of words about how the U.S. economy has improved, but he avoided the “numbers” regarding how or if that improvement had reached the middle class. If the president had used the “numbers,” he would have to explain why real middle class paychecks hit a 50 year low on his watch.

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Dem Rep Cleaver: GOP Needs To ‘Repent’

Congressman Emanuel Cleaver (D-MO) said that the Republican Party needs to “repent” for its criticisms of President Obama on Tuesday’s “PoliticsNation” on MSNBC. “My hope is that they [Republicans] will come out tomorrow and repent…they can’t help themselves. They need

Jerry Brown (AP)

California Missing Manufacturing Boom Due to Alternative Energy Subsidies

Despite California having the largest manufacturing base in the nation, the state is growing high-paying manufacturing jobs at only one seventh of the U.S. average. The culprit in this debacle is Governor Brown’s wildly expensive alternative energy mandates that stab industrial manufacturers with electrical costs that are about double the U.S. average.

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Pelosi: We Have to ‘Make Sure’ What Obama Says on Trade Is True

Tuesday on MSNBC’s “Andrea Mitchell Reports,”  House Minority Leader Nancy Pelosi (D-CA) was suspicious of President Barack Obama’s push for fast track trade, because she explained, America’s workers need to be the priority. The minority leader revealed her doubt by