ALJAZEERA: …US officials have privately expressed their frustration with the SNC’s inability to come together with a coherent plan and with its lack of traction with the disparate internal groups which have waged the bloody 19-month uprising against Assad’s government. Clinton also signalled a stronger US push to help shape the face of […]
Month: October 2012
New debt forecasts dash Greece hopes
FINANCIAL TIMES: …Instead of Greece’s debt peaking at 167 per cent of economic output next year, as predicted in the March bailout agreement, it will hit 189 per cent and climb to 192 per cent in 2014, according to projections presented to the Greek parliament. … The new projections all but dash hopes that Greek […]
GM Profits Beat Estimates as Favorable Signs Appear
DAILY FINANCE: …GM’s profit of $1.5 billion, or $0.89 a share, was less than the $1.7 billion it earned in the third quarter of last year. But it was well ahead of estimates by Wall Street analysts, who predicted that GM would earn about $0.60 a share for the quarter, according to a Bloomberg survey. […]
Euro Zone Unemployment Hit New High in September
NEW YORK TIMES: … Euro zone unemployment set another record in September, official data showed Wednesday, with 18.49 million people out of work in a weakening economy… Spain, where the economy has been shellacked by a property sector collapse and government austerity measures, continues to have the highest jobless rate, at 25.8 percent. Greece, where […]
LCSWMA’s CEO acknowledges lack of incinerator feasibility study
At the time of publication of “Does the proposed LCSWMA purchase of plagued Harrisburg incinerator make sense?” , NewLanc invited Jim Warner, CEO of the Lancaster County Solid Waste Management Authority, to comment by means of a Letter to the Editor.
Last F & M poll has President Obama holding slim lead over Mitt Romney in Pennsylvania
From the HARRISBURG PATRIOT-NEWS: … The poll, released Wednesday, found Obama edging Romney, 49 percent to 45 percent among likely voters, with 4 percent undecided. Obama’s lead in Pennsylvania has narrowed. In September, the F&M poll showed Obama leading Romney, 52 percent to 43 percent, with 3 percent undecided.
Flooded Tunnels May Keep City’s Subway Network Closed for Several Days
NEW YORK TIMES: …On Tuesday, as officials discovered the breadth of tunnel flooding from an enormous hurricane, New Yorkers were warned that the bulk of the muscular subway network could be lost for “a good four or five days,” Mayor Michael R. Bloomberg said. As the remnants of Hurricane Sandy left the city on Tuesday, […]
Bloomberg: No Thanks to Obama Visit
NEWSMAX: ….[Mayor Michael] Bloomberg and the president agreed that the timing just wasn’t right for a visit and Obama instead will visit New Jersey on Wednesday. “What I pointed out to him is that we’d love to have him, but we’ve got lots of things to do,” Bloomberg said at a press conference, according to […]
States with the Widest Gap Between the Rich and Poor
24 /7 WALL STREET: 3. Louisiana > Gini coefficient: 0.4836 > Median household income: $41,734 (7th lowest) > Households earning $200,000+: 3.5% (17th lowest) > Population living below poverty line: 20.4% (3rd highest) 2. Connecticut > Gini coefficient: 0.4859 > Median household income: $65,753 (4th highest) > Households earning $200,000+: 11.2% (the highest) > Population […]
U.S. Newspaper Circulation Slips Further
WALL STREETJOURNAL: …Average weekday circulation for 613 U.S. dailies decreased 0.2%, based on a cumulative average for the period ended Sept. 30 from a year earlier. However, Sunday circulation for 528 Sunday papers was up 0.6% in the latest period… During the latest period, digital editions accounted for 15.3% of overall U.S. circulation, up from […]
Alcohol kills 80,000 every year while marijuana kills none
Since marijuana is far safer and far less addictive than alcohol, we could GREATLY reduce the amount of harm and addiction in society by giving people the right to switch from the more harmful drug, alcohol, to the less harmful drug, marijuana. Paranoid old men keep marijuana illegal and make our children LESS safe!
Hurricane Sandy 2012: NJ Gov. Chris Christie heaps praise on Obama
“The president has been all over this and he deserves great credit,” Christie said. “I’ve been on the phone with him, like I said, yesterday, personally three times. He gave me his number at the White House, told me to call him if I needed anything. And he absolutely means it.”…
Empty of Gamblers and Full of Water, Atlantic City Reels
NEW YORK TIMES: …Even as the first samplings of the storm’s ravages descended on the New Jersey coastline, Atlantic City was already in big trouble. At high tide around 8 a.m., officials said 70 to 80 percent of the city was underwater. Water as much as eight feet deep coursed through some streets, leaving them […]
Mega storm Sandy causes at least 16 deaths
Even though water levels along the coast have been subsiding since Monday evening, the combination of the storm surge and high tide could still cause areas to flood, especially during the next high tide. Flood and flash flood warnings are still in effect over coastal waters in the mid-Atlantic states, New York and New England. The Weather Service is predicting that water could reach between two and four feet above ground level in Delaware Bay and the Upper and Middle Chesapeake Bay. The Jersey shore northward to Massachusetts is expected to reach between one and three feet.