Today's Top Stories - September 17, 2014 

 

BEWARE THE BELL! U.S. stock-index futures ticked mostly higher on Today, as investors wait to learn whether the U.S. Federal Reserve will maintain its dovish policy stance More

EUROPE: European shares were higher in morning trade on Wednesday in anticipation of accommodative monetary policy remarks by the Chinese central bank and the U.S. Federal Reserve More

ASIA: Asian stocks finished mixed on Wednesday on speculation whether the U.S. Federal Reserve will maintain its dovish policy stance and following reports of Chinese stimulus More

OIL: Brent crude oil consolidated around $99 per barrel on Wednesday, recovering from a sharp sell-off, on hopes the Organization of the Petroleum Exporting Countries (OPEC) would help reduce a global supply glut by cutting output More

GOLD: Gold inched up for a third straight session on Wednesday as speculation mounted that the Federal Reserve would vow to maintain interest rates at low levels when the U.S. central bank concludes its policy meet later in the day More

Number of billionaires hits record high in 2014 The world economy is going through a rough patch, yet the world's billionaire population is at an all-time high More

Apple to steal business from malls this Christmas. This holiday season, traditional mall retailers will likely find that Apple has taken a bite out of their business, one retail analyst told CNBC Monday More

Apple on the brink of another 'super cycle' “Apple is in the midst of another 'super cycle' that begins with the rapidly growing 'phablet' market via the iPhone 6 Plus and extends into the wearable category in early 2015 with Apple Watch," said Brian White, managing director and global head of technology hardware, software and equity research at Cantor Fitzgerald More

OkCupid data reveal common dating truths (and lies) Matchmaking data online can be romantic for some, but for others, the algorithms used offer scientific proof that dating stereotypes ring true More

More than 90,000 hit by IRS jail scam: Report; Scammers claiming to represent the IRS are threatening people with jail if they don't pay tax bills, and authorities say more than 90,000 people have complained since last fall More

BofA loses $6 billion in consumer-friendly cuts; Bank of America gave up about $6 billion in annual revenue by phasing out risky consumer banking products and eliminating certain fees, but the long-term impact on profits should be minimal, a top executive said on Tuesday More

The campaign battle over Scottish Independence - it could nationalize BP, others: Independence took a bitter turn when a senior nationalist warned businesses such as BP that they could face punishment for voicing concern over the impact of secession More

Household Income Continues to Stagnate Under Obama, Census Bureau reports: The median U.S. household income remained nearly flat at $51,939 in 2013 compared with the previous year, according to federal government data that offered a key indicator of the country's economic well-being More

OBAMASCARE! You too can get a government subsidized abortion: GAO Report Confirms ObamaCare Subsidizes Abortion More

China Bails Out Banks: China's central bank injects $81 Billion into major banks to support faltering economy More

You have No money? Report shows why: The Census Bureau has released its annual income and poverty report for 2013. You can read it here. Not much changed last year–which, actually, should be a major news story. At a time when we should be experiencing rapid growth coming out of a recession, incomes continue to stagnate: More

GESRTAPO THUGGERY TRASHING AMERICA’S ECONOMY: EPA Doubles Number of Coal Plant Closings More


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Opinion

IMG_0029In comments on a Virginian-Pilot column, Michael Barrett, CEO of Runnymede Corp. called member of the Beach General Assembly delegation members of the Taliban (Terrorists). He made the remark in slamming voters for the election of John Moss to the City Council.

He said: "Of course, that is what happens when the majority (of the voters) does not pay attention; just like we Virginians having elected the Taliban to the House of Delegates.


Isn't it amazing that the Runnymede Corporation, a company owned by the Fine family of Virginia Beach would allow its CEO Barrett to continue making scurrilous remarks in reference to members of the Virginia Beach Delegation to the Virginia General Assembly.

Here are his remarks posted following the Kerry Dougherty article titled, "WELL, IT'S (TAX) SEASON, SO HANG ON TO YOUR WALLET," appearing in the February 8, 2012 issue of the Virginian-Pilot.

Mike Barrett was referencing the election of John Moss' successful election to the Virginia Beach City Council and is slamming the people who elected him by saying, "Of course, that is what happens when the majority does not pay attention; just like we Virginians having elected the Taliban to the House of Delegates."


If Mr. Barrett keeps his job at Runnymede it is evidence the company is so ego-driven that it has no ethics. If Barrett remains on the board of Vision and the Chamber of Commerce, then shame on them for allowing him to remain so after making these outrageous remarks. Of course, if Mr. Barrett can provide proof that there are in fact members of the Taliban serving in the Virginia General Assembly, then we stand corrected.

It's well known that yellow-dog democrat Barrett is a shill for the Virginia Beach City Manager, and Mayor Will(ing) Sessoms. He delivers a constant barrage of snide, inflammatory remarks directed at every member of the Beach delegation, all of which are Republicans.

Oh, Barrett also represented the Virginia Beach on the corruptly managed Southeastern Public Service Authority (SPSA) Board, the trash agency that inept management forced out of business.

Barrett has made it known that he is ill, suffering from cancer. One must have some pity on him, but not without still holding him accountable for his outrageous statements. Best advice: Stay on your meds, Mike, and give your venomous brain a break.

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