Clipmarks | Economy Clips

A Kick of a Ball Could Cost UK Economy £2billion

Thu, 22 Nov 2007 13:06:59 GMT

clipped by: abailart
clipper's remarks: England's dismal defeat at the hands of Croatia demonstrates how delicately balanced economies are.

Clip Source: news.bbc.co.uk

England failure 'may hit economy'

One estimate puts the cost to the economy as high as £2bn.

"A successful run to the 2008 final would have led to a £2bn bonanza for the economy," said Simon Chadwick, professor of sport business strategy and marketing at Coventry Business School.

Professor Chadwick also explained that the impact of England not playing in Euro 2008 could even go deeper than just lower retail sales.

"Evidence from previous tournaments also shows that, at another level, worker productivity normally increases as the England national team progresses through major tournaments and the 'feel good factor' takes hold," he said.

It is not just businesses directly related to football that could take a hit next summer.

Pubs and bookmakers may all miss out because their business is usually boosted by the major football championships.

travel companies such as airlines and ferry operators that would have transported them could also lose out.

Tags: football and wider economy

Watch online Death Race Movie

Thu, 25 Dec 2008 14:16:45 GMT

clipped by: neetu21
clipper's remarks: The movie begins ..........In 2012, the United States economy collapses and life for everyone is not the same. Once a NASCAR champion, Jensen Ames, (Jason Statham), hits rock bottom and spent several years in prison

Clip Source: download-deathrace.weebly.com

The New Gold Rush

Thu, 15 Oct 2009 04:49:34 GMT

clipped by: blueridge
clipper's remarks: Updated: as the dollar tumbles thanks to bailouts and the Fed printing more paper

Gold Just hit $1140 per oz, a new record

Clip Source: www.kitco.com

Tags: gold, investments, economy, dollar

Download Death Race Full movie DIVX DVD IPOD

Sat, 19 Sep 2009 10:54:22 GMT

clipped by: Gheropot
clipper's remarks: Download Death Race Full movie DIVX DVD IPOD

Clip Source: download-full-movie-direct-links.blogspot.com

Download Death Race Full movie DIVX DVD IPOD

The Roger Corman-produced cult favorite DEATH RACE 2000 (1975) gets an update in this reworking from action director Paul W.S. Anderson (RESIDENT EVIL). In a role sure to please fans of his work in... The Roger Corman-produced cult favorite DEATH RACE 2000 (1975) gets an update in this reworking from action director Paul W.S. Anderson (RESIDENT EVIL). In a role sure to please fans of his work in CRANK (2006) and the TRANSPORTER films, Jason Statham is Frankenstein, the fierce driver portrayed by David Carradine in the original. The script, also by Anderson, largely does away with the original's satirical elements in favor an increased number of breathtaking crashes and stunt driving. In 2012, the American economy has collapsed, and prisons have been taken over by corporations. Overseen

Starring: Jason Statham, Joan Allen, Tyrese Gibson, Ian McShane

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Tags: download death race, full movie, divx, dvd, ipod

Cloward/Piven Strategy of Economic Recovery

Tue, 10 Nov 2009 17:37:33 GMT

clipped by: dl211
clipper's remarks: Obama adheres to the Saul Alinksy Rules for Radicals method of politics, which teaches the dark art of destroying political adversaries. However, that text reveals only one front in the radical left's war against America. The Cloward/Piven Strategy is another method employed by the radical Left to create and manage crisis. This strategy explains Rahm Emanuel's ominous statement, "You never want a serious crisis to go to waste."

The Cloward/Piven Strategy is named after Columbia University sociologists Richard Andrew Cloward and Frances Fox Piven. Their goal is to overthrow capitalism by overwhelming the government bureaucracy with entitlement demands. The created crisis provides the impetus to bring about radical political change.

Clip Source: www.americanthinker.com

The Cloward/Piven Strategy of Economic Recovery

Using borrowed money for a band-aid bailout of the economy should seem backwards to most people. However, it likely is a planned strategy to promote radical change. Those naively believing that President Obama is simply rewarding his far-left base, and will then move to the political center, must wise up.

The assumption that Obama will need the nation to prosper in order to protect the 2010 mid-term election incorrectly assumes that he esteems free market capitalism. He does not. Rather than win through superior ideas and policies, the Democrat plan for success in the mid-term elections is to win by destroying political opposition.

Tags: cloward, piven, economy, obama, socialism

Abuja Flights from UK

Tue, 10 Nov 2009 10:20:23 GMT

clipped by: humza
clipper's remarks: flights to Abuja from UK , and flights from all 5 stars airlines like KLM, British Airways, Egypt Airline, virgin Atlantic and other airlines of Nigeria and United Kingdom which operate their flights from UK to Abuja.
Abuja is newly developed city, the recent capital of Nigeria . Abuja has now become an international city this and this government of Nigeria is engaged to rebuild this city to get the attraction of tourists.
Cheap flights to Abuja to save your money.

Clip Source: www.flightstoabuja.com

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"If an Institution is Too Big to Fail, It Is Too Big to Exist"

Sun, 08 Nov 2009 11:03:56 GMT

clipped by: katsteevns

Clip Source: www.truthout.org

Sen. Bernie Sanders: "If an Institution Is Too Big to Fail, It Is Too Big to Exist”

Friday 06 November 2009

Sen. Bernie Sanders (I-Vt) proposed legislation calling for the breakup of failing financial institutions within a year.

Alison Vekshin, reporting for Bloomberg:

"U.S. Senator Bernie Sanders unveiled legislation requiring Treasury Secretary Timothy Geithner to name banks whose collapse may shake the economy and break up the firms in a year, fueling efforts to end taxpayers bailouts....

"The legislation would give Geithner 90 days to list the commercial and investment banks, hedge funds and insurance companies deemed “too big to fail.” Those firms would be broken up within a year, he said. Representative Paul Kanjorski, a Pennsylvania Democrat, is considering a measure in the House that would break up large financial firms."

Unemployment hits 10.2%

Sat, 07 Nov 2009 03:42:55 GMT

clipped by: billpar

Clip Source: nearlynobodysnews.blogspot.com

Unemployment hits 10.2%

Tags: economy

CBO Confirms GOP Plan Will Lower Health Care Premiums, Lower Deficit Without Tax Hikes

Sat, 07 Nov 2009 06:39:19 GMT

clipped by: willhelm

Clip Source: cafeconservative.com

House Republican Leader John Boehner (R-OH) issued the following statement after the Congressional Budget Office (CBO) confirmed in a letter tonight that the Republican health care plan will lower health care premiums by up to 10 percent and reduce the deficit by $68 billion over 10 years without imposing tax increases on families and small businesses:

“When it comes to reforming health care, controlling skyrocketing costs is the American peoples’ top priority. Now CBO has confirmed that the Republican plan will lower health care costs for American families, and that’s good news for everyone struggling in today’s economy. The choice now could not be clearer: Speaker Pelosi’s plan raises costs. Our plan lowers them.

Enumerated Powers Act: Interview with Walter E. Williams

Fri, 06 Nov 2009 22:42:15 GMT

clipped by: merrie
clipper's remarks: who has introduced it every Congress since 1995, it does not allow them to get away with the Commerce Clause and the General Welfare Clause. They have to specifically point in the Constitution where they get the authority. And as a matter of fact the reason the Enumerated Powers Act’s maximum number of co-sponsors in the House has been 31, or it could be a bit higher than that (and it has never had a co-sponsor in the Senate until this year) is that the Congressmen can read the writing on the wall. If Congress were forced to obey the United States Constitution, then I would say that two-thirds to three-quarters of all the spending Congress does would be found to be unconstitutional.

ALL RIGHT MAGAZINE: You’re probably right about that. Article 1, Section 8 has a very short list of things government is able to do according to the word of the law.

WALTER E. WILLIAMS: That’s right, and if you read the Founders’ statements, they say that Congress can only do those things....

Clip Source: www.allrightmagazine.com

ALL RIGHT MAGAZINE: You are a professor of economics. If a student walked into your office at George Mason University, declared that she were quitting college, but wanted to know one thing about economics for the real world, what would it be?

WALTER E. WILLIAMS: There’s no free lunch. That is that there’s nothing free. Everything costs. That’s one of the problems that our economy’s facing right now or that Americans are facing. They think that they can get free health care.

ALL RIGHT MAGAZINE: You have called attention to something called the Enumerated Powers Act that would require Congress to list the Constitutional authority for each law, which has not yet, of course, passed. Even so, wouldn’t the claim just be the General Welfare Clause, or the Necessary and Proper Clause?

WALTER E. WILLIAMS: Yeah. Congress will always find a way around the Constitution. However, I think if you read the Enumerated Powers Act that’s sponsored by Congressman John Shadegg,

Tags: walter e. williams, black economics, economics, economy, education, great depression, recovery, rush limbaugh

Is the Economy Recovering? The Curious Case of 1920 vs. 1929

Fri, 06 Nov 2009 22:05:52 GMT

clipped by: merrie
clipper's remarks: The basic questions we need to ask here are:

1. Why do economies recover?

2. Are we recovering?

Q. Why do economies recover?

A. They recover because bad investments made during the bubble are liquidated, valuable capital is no longer being wasted on them, new capital is formed from savings, and profitable enterprises attract new capital to expand. Low real interest rates caused by increased savings encourage borrowing, manufacturers use the capital to make new machines, producers of consumer goods buy them, cash goes through the system, consumers see things are getting better, more consumer goods are produced, and consumers buy them. It has to happen this way or the recovery will fail.

The difficult part of a recovery is ugly. Bankrupt firms need to fail so that valuable capital resources are not wasted on their continuing activities. This means that unemployment rises (10.2% now) and business bankruptcies are high. Trillions of dollars of asset values are wiped out.

Clip Source: www.zerohedge.com

By Jeff Harding
The Daily Capitalist

In order to understand the present state of the U.S. economy you have to understand that there are two things happening at once. For the most part they are in conflict with each other, in that one track can negatively impact the other.

Here are some of the economic data that have come out this week, in no particular order:

PositiveNegative The Institute for Supply Management's manufacturing index rose 3.1 points to 55.7, the third straight month of growth and the highest level since April 2006. A reading above 50 indicates expansion for the sector.Current-dollar personal income decreased $15.5 billion (0.5 percent) in the third quarter, in contrast to an increase of $19.1 billion (0.6 percent) in the second.

The ISM's employment index rose for the first time in 15 months as manufacturers sought to recall workers or enlist temporary help.

Consumer confidence fell to 47.7 in October, from 53.4 in September.

Tags: austrian economics, economic crisis, recovery, fed policy, fiscal stimulus, free market economics, keynesian economics, stimulus, obama administration, krugman

UNEMPLOYMENT TOPS 10 %

Fri, 06 Nov 2009 14:39:42 GMT

clipped by: kareval
clipper's remarks: The jobless rate rose to 10.2 percent from 9.8 percent in September. The jump reflects a sharp increase in the tally of unemployed Americans, which rose to 15.7 million from 15.1 million. That was much larger than the net loss of jobs, which is based on a survey of businesses.

Economists say it could climb as high as 10.5 percent next year because employers remain reluctant to hire.

Friday's report is the first since the government said last week that the economy grew at a 3.5 percent annual rate in the July-September quarter, the strongest signal yet that the economy is rebounding. But that isn't fast enough to spur rapid hiring, raising the specter of a jobless recovery.

"You need explosive growth to take the unemployment rate down," said Dan Greenhaus, chief economic strategist for New York-based investment firm Miller Tabak & Co.

Greenhaus said the economy soared by nearly 8 percent in 1983 after a steep recession, lowering the jobless rate by 2.5 percentage points that

Clip Source: www.foxnews.com

Unemployment Rate Tops 10 Percent as 16 Million People Look for Jobs

The Labor Department says the economy shed a net total of 190,000 jobs in October, less than the downwardly revised 219,000 lost in September.

WASHINGTON -- Nearly 16 million people can't find jobs, the Labor Department said Friday, pushing the unemployment rate over 10 percent for the first time since 1983.

The Labor Department said Friday that the economy shed a net total of 190,000 jobs in October, less than the downwardly revised 219,000 lost in September. August job losses were also revised lower, to 154,000 from 201,000.

But the loss of jobs last month exceeded economists' estimates. It's the 22nd straight month the U.S. economy has shed jobs, the longest on records dating back 70 years.

Counting those who have settled for part-time jobs or stopped looking for work, the unemployment rate would be 17.5 percent, the highest on records dating from 1994.

Who Are You Calling A Narcissist

Wed, 04 Nov 2009 21:10:02 GMT

clipped by: debbyski

Clip Source: www.nytimes.com

In those days, he called himself a “harmless little fuzzball.” He’s a lot less harmless now.

As he and Sarah Palin conduct their auto-da-fé of moderate Republicans — “Moderates by definition have no principles,” he told his radio audience on Monday — Limbaugh is more than ever the face of his party, as Rahm Emanuel said.

He’s also the mouth.

the tactics of Limbaugh, Palin, Cheney & Fille are more cynical: They spin certainty, ignoring their side’s screw-ups, and they exploit patriotism, labeling all critics as traitors.

In an interview on “Fox News Sunday With Chris Wallace,” Limbaugh accused the president of trying to destroy the economy — yes, the same economy that W. came within a whisker of ruining.

he ripped the president for having “an out-of-this-world ego,” for being “very narcissistic,” “immature, inexperienced, in over his head.” (Isn’t immaturity scoring OxyContin from your maid?)

It gives new meaning to pot, kettle and black.

Media Ignore Planned Parenthood Director's Change of Heart

Wed, 04 Nov 2009 01:10:00 GMT

clipped by: ColoradoRight
clipper's remarks: the money is in death. and Planned Parenthood kill more non-white babies than any Klansman ever hoped to do.

Clip Source: www.cultureandmediainstitute.org

little hope that we’ll hear about Abby Johnson in the mainstream media. Johnson, a Planned Parenthood director in Texas, resigned October 6 after watching an ultrasound of an abortion procedure.

I just thought I can't do this anymore,” she said. “And it was just like a flash that hit me and I thought that's it.”

Johnson also said that Planned Parenthood had been pressuring her to “bring in more women who wanted abortions,” since – in this tough economy – that’s where the money is. “The money wasn't in family planning, the money wasn't in prevention,” she explained. “The money was in abortion and so I had a problem with that.”

Tags: abortion, life

White candidate scrambles vote, attitudes in Atlanta race

Sun, 01 Nov 2009 14:39:59 GMT

clipped by: jay8h

Clip Source: washingtontimes.com

White candidate scrambles vote, attitudes in Atlanta race

For decades as white residents fled to the suburbs, Atlanta's black political establishment, led by a string of strong mayors, revived the moribund economy and so revamped the city's image that it earned a national reputation as "Hotlanta."

1 of 1

Ironically, that success - including a winning bid to host the 1996 Summer Olympics and a slew of Fortune 500 companies relocating to the city - has brought white voters flocking back to the city and, for the first time in 36 years, could put a white candidate back in the mayor's office when voters go to the polls Tuesday.

Black mayors have occupied City Hall since 1973, but this year, a white City Council member is leading in the polls, even though two black civic leaders urged black voters to unite against her.

While some in the majority-black city insist race is playing no role in the election, others say the issue is just under the surface.