Today's Top Stories - May 4, 2015  

 

BEWARE THE BELL! U.S. stock index futures suggested a higher Wall Street open on Monday, following European and Asian markets higher More

EUROPE: European equities were trading higher Monday, although the U.K.'s FTSE 100 index was closed for a public holiday More

ASIA: Asian stocks pared losses and edged up on Monday, as less-than-stellar data from China fueled bets that Beijing will unveil further support measures to prop up its stumbling economy More

OIL: Oil rose to $67 a barrel on Monday to reach a 2015 high, supported by expectations the supply glut will ease and after weak Chinese factory activity reinforced views that stimulus measures would be rolled out More

Is Big Oil getting its groove back? Energy stocks have seen a strong bounce over the past month and a half. Have they turned a corner for good? More

Beware, oil rally is 'premature': Analyst Anyone hoping the recovery in oil prices is here to stay could be in for a rude awakening, as prices could fall below $50 a barrel on a glut of supply, a commodities expert warned on Monday More

GOLD: Gold rose on Monday as prices rebounded from the previous session's six-week low, but remained under pressure as the dollar firmed and buyers remained cautious on the timing of a U.S. interest rate hike More

All eyes on the Golden Arches with McDonald's to push turnaround plan As its challenges mount, restaurant watchers are wondering: can the Golden Arches turn it around? More than seven decades after it first began flipping burgers, McDonald's will unveil on Monday a highly anticipated plan to juice company results and modernize the fast food giant's struggling operations 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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