Giant corporations and the one percenters are lobbying against any change to the current tax code. They are just fine with their tax havens and loopholes. Those do-nuthin Congress obstructionists are all in the pockets of K-street lobbyists who hand out checks like pink slips from Karly, Hurd and Meg.
Barry reiterated to the Obstructionists to pass his bill again in 2015's STOTUS ... yet they chose to repeal Obamcare the 67th times !!!!!!!
By Brendan Sasso - 08/04/12 06:40 PM EDT
Senate Republicans recently blocked cybersecurity legislation, but the issue might not be dead after all.
The White House hasn't ruled out issuing an executive order to strengthen the nation's defenses against cyberattacks if Congress refuses to act.
“In the wake of Congressional inaction and Republican stall tactics, unfortunately, we will continue to be hamstrung by outdated and inadequate statutory authorities that the legislation would have fixed," White House press secretary Jay Carney told The Hill when asked about the possibility of an executive order.
"Moving forward, the President is determined to do absolutely everything we can to better protect our nation against today’s cyber threats and we will do that," Carney said.
The White House has emphasized that better protecting vital computer systems is a top priority
Europe's cards have been using smart chip sets vs the easily duplicated magnetic strips. The entire US credit card community thinks the SECURITY fraud cost is NOT a problem for them to switch. Their biggest problem is when hackers got into the big data centers and steal the vitals like PINs, SSN, PWD and FINGER PRINT MAPs?
Yesterday: SAN FRANCISCO - As many as 80 million customers of the nation's second-largest health insurance company, Anthem Inc., have had their account information stolen, the company said in a statement.
"Anthem was the target of a very sophisticated external cyber attack," Anthem president and CEO Joseph Swedish said in a statement posted on a website the company created for information about the incident.
The hackers gained access to Anthem's computer system and got information including names, birthdays, medical IDs, Social Security numbers, street addresses, e-mail addresses and employment information, including income data, Swedish said.
The affected database had records for approximately 80 million people in it, "but we are still investigating to determine how many were impacted. At this point we believe it was tens of millions," said Cindy Wakefield, an Anthem spokeswoman.
Most retail giants refuse to use Apple Pay because Apple alone is able to collect data on your purchases and preferences. However, if Smart Phones are able to replace our wallets which now includes DL, various membership cards and whatnot, Apple Pay or others with SmartPhone payment caps will duke it out with PayPal, Square, Allipay, google-wallet etc. The field is pretty crowded though both Apple and Google have both H/W and S/W for synergy.
Apple, FB, Goog, LinkUIn, Square, Tweeter, box ... are all driving up home prices in the entire bay area. Apple is the only one selling bonds to pay out dividends to avoid paying corporate taxes. I have relatives working in those joints but I hope the Obstructionists would join force with Obama to slap a minimum 17% tax on all earnings. They have enuff deductions, such as free internet, free FBI as cyber cops, tax exempt on free lunches, local subsidized to move jobs from there to here etc.
Senator Thom Tillis, a North Carolina Republican, made the comments on Monday during a speech criticising business regulations.
"Let them decide" such issues, the newly elected lawmaker said.
His argument was that restaurants which did not require workers to wash their hands would quickly go out of business.
"But I think it's good to illustrate the point, that that's the sort of mentality we need to have to reduce the regulatory burden on this country," Mr Tillis said.
He suggested that restaurants that did not require hand washing would have to alert customers with prominently displayed signs - itself a regulation.
Mr Tillis stood by his comments when interviewed later at the US Capitol.
Year over Year Private Employment up 2.682 million....41st consecutive month
of yoy 2.0 million+; last business cycle had 15 consecutive months....
"Businesses in the energy and supplying industries are already scaling back payrolls in reaction to the collapse in oil prices, while industries benefiting from the lower prices have been slower to increase their hiring," says Moody's Analytics' Mark Zandi, as the ADP reports a roughly inline 213K job gain in January (expectations were for 223K).
December's gain was upwardly revised to 253K from 241K.
Still trying to rewrite history? Care to post Ronnie's unemployment record relative to Obama's? Note that Regan did not have to fight two bloody wars and faced The Great Recession. And how about higher taxes for middle class while cutting the tax rates for the rich?
betty, Low gas price is going to help consumer spending which is 2/3 of economy. Yesterday, first time claim was lowest in 14 years. Oil/energy related investment will weight down while consumers are at the other end of the see-saw.
I expect another blockbuster job report next Friday. Cheers.
Street said Seagate's soft guidance ... Seagate slightly missed calendar Q4 revenue guidance and guided for calendar Q1 revenue of "at least $3.45 billion," compared with a $3.59B consensus.
mho is that ibm continues to drag the service sector.
IBM +2.1% on reports it is gearing up for more than 110K employees ... reports that the veteran technology company is gearing up for the biggest reorganization in its history, involving layoffs for 26% of staff.
bravo for posting the facts. Hope Obama has plenty of opportunities to catch up in the coming two years.
Cooperation does not mean lying down and surrender. Cooperation means asking Congress to stop passing the same repeal Obamacare bill umpteen times in between bills renaming post offices to their political donors. Why waste everyone's precious time .... what's the payroll and overhead of those 500 - 600 congressional offices? Don't they have better things to do like passing the infrastructure or natural gas bills? How about cybersecurity that GOP said leave the job to private companies, like homedepot, target, sony USA, Citi Bank, JP Morgan, Apple cloud ....
Sep 16, 2012 - Iran on brink of nuclear bomb in six-seven months: Netanyahu ... set a "red line" for Tehran in what could deepen the worst U.S.-Israeli rift in decades. .... reach soon by producing roughly 15 kg (33 pounds) a month, a rate that ... Nuttyyahoo cried wolf:
The only peaceful way to prevent an Iranian nuclear bomb is to place a "clear red line" on uranium enrichment, Netanyahu said.
"A red line must be drawn ... on Iran's efforts to enrich uranium," he said. "Basically any bomb consists of explosive material and a mechanism to ignite it. ... In the case of Iran's plans, the gunpowder is enriched uranium. The fuse is a nuclear detonator." Netanyahu sad it was far more difficult for Iran to enrich uranium than to build the fuse.
He explained where where the red line on enriching uranium should be drawn. He said Iran is well into "the second stage" of enrichment. By next summer, they will move on to the final stage, he said. From there it's only a few months, maybe a few weeks, before they get enough enriched uranium for a bomb, he says.
vt, As POTUS said last night. We want free trade AND fair trade. It makes no sense to construct a pipe line that dissects our land and only benefits Canadian multinationals with their Asian customers.
By Robert O'Harrow Jr., Sari Horwitz and Steven Rich January 16 at 2:15 PM --- Attorney General Eric H. Holder Jr. on Friday barred local and state police from using federal law to seize cash, cars and other property without warrants or criminal charges.
The door to construct Keystone was always open and is still open. However, it must not be a bill that only benefit the parties involved with the single project.
Obama would have and will sign the bill if Keystone is part of the infrastructure bill proposed by the adminstration that include bridge/road repair, sewer/water retrofit, modernize power distribution, upgrade national networks/FAA systems etc.
I lived and worked near LA for a couple of years in the 70's when smog in the cities were like those in current Mumbai and Beijing. Imagine we did nothing to reduce the man-made pollution back then.
Last few days, Silicone Valley was shrouded in stagnant air with daily low temps in the 50's and high of 60's. We had more spare-the-air days this January than any other months I can remember. Yesterday, the north-west wind finally blew and the pollutants generated by those google buses and SUVs are dispersed to the inner valleys. Point is we live in a closed system. The hydrocarbons trapped under the earth's crust are redistributed into atmosphere. Forget about the acid rain killing trees in the past, now it is bad still-air days in urban centers with black rooftops, asphalt pavement, concrete structures, artificial turfs ...
( San Francisco Chronicle
Jan 12, 2015 - The recent 11-day streak of Spare the Air days included three that exceeded the federal safety standard for particulate matter, though other ...)
Yahoo keeled my reply. US Steel has laid off thousands due to diminished bookings from domestic oil/gas companies. There is no logic in giving away the job opportunities though temporary, to the Canadians instead of helping our own unemployed.
And if you go back 20 years, crude used to be in the $teens. A decade ago, it was in the $20-$30 range. American consumers had suffered long enough with those sky high oil prices ... much higher than wage increases and inflation. Exporting the oil to Chinese or India will not help American consumers. So why do the GOP Senators fight the amendment?
(I posted the nominal and inflation adjusted crude prices from 1994 to 2014 ... Yahoo keeled the post.)