Saturday, August 27, 2016
Posted by Steve Bartin at 1:29 PM
Posted by Steve Bartin at 10:31 AM
The Philadelphia Inquirer reports:
Philadelphia is benefiting from the tide that's lifting downtowns nationwide, as more Americans come to value dense, walkable living environments with ample places to shop and dine.Imagine that.
The result has been a growing population of young, well-educated, affluent residents in a city where it's still relatively cheap to build, rent office space, and open stores.
The population of what's known as Greater Center City rose more than 16 percent to about 183,000 in 2014, from below 158,000 in 2000, according to U.S. census data compiled by the Center City District.
Average income in that area - bounded by the Schuylkill to the west, Spring Garden Street to the north, the Delaware River to the east, and Tasker Street to the south - soared about 67 percent, to $98,000, in that time, the data show.
Philadelphia also had the fastest-growing population of millennials - the 20- to 34-year-olds considered a target market for new apartments - among the 10 U.S. biggest cities between 2006 and 2014, according to a comparison last year by the commercial real estate services firm JLL.
Posted by Steve Bartin at 10:21 AM
on July 4, the declaration was formally adopted by 12 colonies after minor revision. New York, the 13th colony, approved it on July 19. On August 2, the declaration was signed.It was nice that Thomas Jefferson declared independence for New York on July 4, but there was probably too many British troops for the New York legislature to "feel comfortable" to separate.
Posted by Steve Bartin at 7:29 AM
Posted by Steve Bartin at 7:23 AM
Facing ObamaCare Price Hikes Without Government Subsidy: ' Of the 11.1 million who paid for coverage in an ObamaCare exchange this year, 1.7 million got zero help from ObamaCare, and an additional 700,000 or so get only minimal subsidies, which phase out as income rises. What's more, there are nearly 8 million who bought individual plans outside the ObamaCare exchanges. '
Of the 11.1 million who paid for coverage in an ObamaCare exchange this year, 1.7 million got zero help from ObamaCare, and an additional 700,000 or so get only minimal subsidies, which phase out as income rises.
What's more, there are nearly 8 million who bought individual plans outside the ObamaCare exchanges. These plans have to comply with all the same ObamaCare rules and regulations, but aren't eligible for any subsidies.
Add it all up and roughly half the individual market gets little or no help in the face of these massive, ObamaCare-induced premium hikes. Plus there are the tens of millions who are still uninsured, many of whom can't afford ObamaCare one way or another.
The Obama administration is shamefully ignoring the plight of millions of middle-class families.
Posted by Steve Bartin at 7:04 AM
The SEC reports:
The Securities and Exchange Commission today announced enforcement actions against 71 municipal issuers and other obligated persons for violations in municipal bond offerings.Government and corruption go hand in hand no matter what your local tenured political science professor (getting federal research dollars) tells you. Are you sure you want to invest in muni debt ?
The actions were brought under the Municipalities Continuing Disclosure Cooperation (MCDC) Initiative, a voluntary self-reporting program targeting material misstatements and omissions in municipal bond offering documents. The initiative offered favorable settlement terms to municipal bond underwriters, issuers, and obligated persons that self-reported certain violations of the federal securities laws. Obligated persons are typically nonprofit entities such as hospitals and colleges that borrow the proceeds of bond issuances and are obligated to pay principal and interest on the bonds.
The SEC found that from 2011 to 2014, the 71 issuers and obligated persons sold municipal bonds using offering documents that contained materially false statements or omissions about their compliance with continuing disclosure obligations. Continuing disclosure provides municipal bond investors with important information, including annual financial reports, on an ongoing basis. The SEC’s 2012 Municipal Market Report identified issuers’ failure to comply with their continuing disclosure obligations as a major challenge for investors seeking information about their municipal bond holdings.
“The diversity among the 71 entities in these actions demonstrates that continuing disclosure failures were a widespread and pervasive problem in the municipal bond market,” said Andrew Ceresney, Director of the SEC Enforcement Division. “The MCDC Initiative has brought attention to this important issue and resulted in increased compliance by municipal issuers and underwriters.”
Posted by Steve Bartin at 6:40 AM
John Hawkins reports:
It’s easy to understand why Democrats have embraced amnesty for illegal aliens. Illegal aliens are mostly Hispanic and Hispanic voters lean heavily Democrat. Democrats look at a state like California which elected Ronald Reagan twice and see how flooding with Hispanic voters turned the state permanently Democratic. Their goal is to do that with the whole United States.You'll want to read the entire article... twice.
It’s harder to understand why any elected Republicans or Republican consultants would support this idea – well, if you ignore the fact that it’s driven almost entirely by large amounts of cash being moved from the pockets of businesses that want to profit from illegal labor to the pockets of the GOP Establishment. If you took that money out of the equation, there would be very few Republicans who back amnesty.
Posted by Steve Bartin at 6:29 AM
Posted by Steve Bartin at 6:17 AM
Gary North reports:
Then there is the blue ribbon wife. Blue ribbon status is not physically visible. It is earned over time. As with all value, it is subjectively imputed by others. It is based on superior performance under difficult conditions. It is imputed by men and women.For you rookies out there.
There are not many blue ribbon husbands. For men, superior performance under difficult conditions is rare. Men are expected to earn a decent living, avoid adultery, avoid scandals, stay sober most of the time, pay occasional attention to their children, and not gain more than 30 pounds after marriage. To get rich, famous, or powerful takes lots of time. So, the man who seeks any of these must place most of the burden of raising the children on his wife. This turns her into a blue ribbon wife if she is successful. It doesn't make him a blue ribbon husband. He can become a trophy husband, but not a blue ribbon husband.
Blue ribbon wives are willing to back up their husbands in sickness and health -- his or hers -- and in wealth and poverty.
Posted by Steve Bartin at 6:02 AM
One doesn’t have to look far from today’s headlines to see this pattern. The latest controversy: the price of the EpiPen – Mylan’s famous medical auto-injector that delivers an immediate and measured dose of epinephrine – recently skyrocketed 400%, causing an uproar amongst 3.6 million people who depend upon the prescribed product. For those who live in fear of anaphylactic shock, the cost of living quite literally went up.Bernie Sanders and other progressives need to put down that crack pipe.
Unfortunately – and as no surprise to libertarians and free market advocates – federal regulators continue to buffer the padding that surrounds Mylan’s monopoly. Shortly after the Auvi-Q recall, Teva Pharmaceutical Industries pitched a generic version of the EpiPen. However, the Food and Drug Administration (FDA) squashed their efforts, citing “major deficiencies” in their application. Teva plans to appeal the decision, but won’t be able to effectively move forward until 2017 at the earliest.
Teva isn’t alone in this struggle. Windgap Medical, a Boston startup, and Adamis, a small biotech firm based in San Diego, have both struggled to bypass FDA’s barriers of entry in the marketplace as well.
If you need further convincing that the FDA impedes the market, consider the following:
The average time it takes for a drug to go from the lab to the medicine cabinet is 12 years
Only 1 in 5,000 new drugs will make it through the FDA approval
Based on the regulatory burden of creating new medicine, the average price tag for research and development for a new compound is $2.6 billion
Posted by Steve Bartin at 5:48 AM
Posted by Steve Bartin at 5:11 AM
The Consumer Financial Protection Bureau Branches Out Into Undercover Operations . The Government Operation Financed Without Congressional Appropriations.
'Mystery Shoppers' Help U.S. Regulators Fight Racial Discrimination At Banks https://t.co/mq6F1estXW— NPR Business (@nprbusiness) August 26, 2016
Posted by Steve Bartin at 5:07 AM
Posted by Steve Bartin at 4:58 AM
Posted by Steve Bartin at 4:42 AM
Posted by Steve Bartin at 4:41 AM
Posted by Steve Bartin at 4:39 AM
The Daily Caller reports:
South Carolina Rep. Trey Gowdy suggested earlier this week that the public will be surprised when it hears how the FBI described Sidney Blumenthal and his working relationship with his longtime friend, Hillary Clinton.A true mystery.
Gowdy, the former chairman of the House Select Committee on Benghazi, mentioned in passing during an interview with Fox News’ Megyn Kelly that the FBI had quizzed Blumenthal as part of its probe into Clinton’s private email server.
Blumenthal, a former journalist and Bill Clinton White House aide, had dodged when asked in several interviews back in May about whether he was interviewed. He said that he did not want to comment on an ongoing investigation.
Gowdy noted that when Blumenthal’s emails with Clinton were made public last year, Clinton bristled when Blumenthal was described as her adviser. But the FBI thought he was even more than a mere adviser, Gowdy suggested.
“You’ll never guess what term the FBI used when they described Sidney Blumenthal and his relationship to her,” the Republican told Kelly.
Posted by Steve Bartin at 4:38 AM
U.S. Democratic presidential candidate Hillary Clinton leads her Republican rival Donald Trump by 5 percentage points among likely voters, down from a peak this month of 12 points, according to the Reuters/Ipsos daily tracking poll released on Friday.Tightening?
The Aug. 22-25 opinion poll found that 41 percent of likely voters supported Clinton ahead of the Nov. 8 presidential election, while 36 percent supported Trump. Some 23 percent would not pick either candidate and answered “refused,” “other” or “wouldn’t vote.”
Posted by Steve Bartin at 4:33 AM
Posted by Steve Bartin at 4:28 AM
Posted by Steve Bartin at 4:27 AM
The Sacramento Bee reports:
No word yet on when California will allow you to buy a 30 day supply of allergy medication with pseudoephedrine.
California women would be able to get up to a 12-month supply of contraception under a bill headed to Gov. Jerry Brown.Guess who's against this?
Insurers and health plans opposed the bill, saying it could lead to a rise in unused medication. It passed by a bipartisan vote of 30-6.
No word yet on when California will allow you to buy a 30 day supply of allergy medication with pseudoephedrine.
Posted by Steve Bartin at 4:26 AM
The 2016 presidential race has tightened into a statistical tie between Democratic Hillary Rodham Clinton at 42 percent and Republican Donald J. Trump at 41 percent, in the latest Breitbart News Network/Gravis Marketing poll of 1,493 likely voters. That puts the negligible one percent difference between Trump and Clinton well below the poll’s margin of error of 2.5 percent, meaning this is a tie ball game heading into the home stretch of the election.Is this accurate? Stay tuned
In the four-way presidential race poll, Libertarian Gary Johnson comes in at just four percent and Green Party nominee Dr. Jill Stein at just one percent.
“This presidential race is a real dogfight,” said Doug Kaplan, the managing partner of Gravis Marketing, the Florida-based firm that conducted the poll using automated phone calls Aug. 22 to Aug. 23.
Posted by Steve Bartin at 4:13 AM