Today's Top Stories - March 30, 2015  

 

BEWARE THE BELL! U.S. stock index futures indicated a sharply higher open on Monday, following European stocks' move upwards, ahead a data-packed week that ends with the jobs report on Friday More

Charts say the S&P is set to rise 14%: Technician Craig Johnson of Piper Jaffray says the S&P will hit 2,350 before the year is out More

EUROPE: European equities were higher in morning trade on Monday, as investors looked ahead to forthcoming U.S. jobs data More

ASIA: With the exception of Australia, Asian stock markets recovered from a lackluster open to rise on Monday, as a modestly positive lead from Wall Street offset the impact of sliding oil pric More

OIL: Oil prices fell on Monday as officials from Iran and six world powers discussed a possible deal over Tehran's nuclear program that could bring an end to sanctions and allow an increase in Iranian oil exports More

Iran’s nuclear deal and how it could affect oil … As a crucial deadline in talks between the West and Iran about its nuclear program looms, analysts warned that a successful deal could further compound the glut in global oil markets More

GOLD: Gold fell one percent on Monday, down for a second straight session as the dollar climbed on increasing prospects that the Federal Reserve may start raising interest rates gradually this year More

UnitedHealth Group unit OptumRx Corp agreed to buy pharmacy benefit manager Catamaran Corp in a deal worth $12.78 billion More

Photographer: Daniel Acker Big Oil Pressured Scientists Over Fracking Wastewater's Link to Quakes … During the meeting, Hamm requested that Holland be careful when publicly discussing the possible connection between oil and gas operations and a big jump in the number of earthquakes, which geological researchers were increasingly tying to the underground disposal of oil and gas wastewater More

Lincoln Revives Continental Name to Reverse Decades of Decline Ford Motor Co.’s lagging Lincoln line, searching for a return to relevance, is dusting off the old Continental model name that had its heyday in the Mad Men era and was favored by President John F. Kennedy More

by its own criteria, the Obama administration is an economic failure More

There's No Escaping Hauser's Law Even amoebas learn by trial and error, but some economists and politicians do not. The Obama administration's budget projections claim that raising taxes on the top 2% of taxpayers, those individuals earning more than $200,000 and couples earning $250,000 or more, will increase revenues to the U.S. Treasury. The empirical evidence suggests otherwise. None of the personal income tax or capital gains tax increases enacted in the post-World War II period has raised the projected tax revenues 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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