Hard hitting global and local news
Boehner Floats Fiscal Cliff “Plan B” Both house speaker John Boehner and president Obama have given ground in the “fiscal cliff” drama. The sides are still far apart but concessions now are steady
Many have heard of normalized P/E ratios based on 10-year earnings averages and the concept of reversion to the mean. To the best of my knowledge no one has attempted to normalize unemployment rates based on demographic trends, although some have attempted unemployment normalizations based on changing definitions of the meaning of unemployment
Also consider Calpers Bankruptcy Strategy Pits Retirees vs. All Others .
The newspapers and politicians do not see it that way and Gloves come off in Google v Germany . Google and German newspaper publishers are poised to trade blows at a parliamentary hearing at the end of January over plans to allow Germany’s print media to charge internet search engines for displaying links to newspaper articles
The days of getting carpal tunnel syndrome from cutting meat are now over, at least as measured by a meat processing plant in Greece, shown in the video below. The video starts out a bit slow, but is rather fascinating once it gets going.
Courtesy of the Weekly Standard , please check out the following union thuggery: Pro-Union Activist Threatens the Michigan Governor: ‘We’ll Be at Your Daughter’s Soccer Game’ A speaker at a protest against Michigan’s right-to-work legislation said that Republican governor Rick Snyder will “get no rest” from pro-union activists if Snyder signs the bill into law.”Just know one thing, Rick Snyder: You sign that bill, you won’t get no rest,” said Rev. Charles Williams II at the Tuesday rally in Lansing, according to Michigan Capitol Confidential
Car sales are up in the UK, but down 10% on average in the EU. Overall sales, including the UK, are down for the 14th consecutive month
According to Socialist newspapers and politicians “to pay a tax is an act of solidarity, a patriotic act.” Those leaving France because of its uncompetitive tax rate see things differently. Please consider Socialists Denounce Gérard Depardieu for Leaving France Gérard Depardieu, one of France’s best-known actors, has been accused by the country’s Socialist government of lacking patriotism after he moved to Belgium apparently in a bid to avoid the taxes for which France is also renowned. On Wednesday, Prime Minister Jean-Marc Ayrault weighed in, calling Mr.