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Today's Top Stories - September 30, 2016  

Beware The Bell! U.S. stock-index futures pointed to a higher open on Friday, as Deutsche Bank concerns pressured global banking stocks and U.S. investors awaited a major inflation indicator More

Europe: European stocks came off their session lows in morning trade on Friday but concerns over the systemic risk posed by German banks continued to weigh on investor sentiment More

Asia: Asian markets stumbled on Friday, the final trading day of the quarter, after concerns over Deutsche Bank undermined investor sentiment More

Oil: Oil prices fell on Friday as investors cashed in on a 6-percent rise in just one day after OPEC members agreed to reduce output for the first time in eight years to stifle a two-year price slide More

Gold: Gold rose on Friday as concerns about Deutsche Bank triggered a sharp sell-off in equities which undermined risk appetite, but a higher dollar limited gains More

No Lehman moment? Why Deutsche Bank is not dragging up the ghosts of 2008 More

Here's the internal letter the Deutsche Bank CEO sent to his staff More

Deutsche Bank bailout would be political suicide for Merkel, analysts warn More

Apple opening a $45 million research hub in China an to develop hardware, ‘advanced’ tech More

Those emergency cellphone alerts are about to get more interactive More

GAO: Obama Admin Lacks Authority to Bail Out Insurers With Funds Meant for Taxpayers The Department of Health and Human Services lacks the authority to bail out insurers through the transitional reinsurance program with taxpayer funds that were meant to go to the U.S. Treasury, according to a report from the Government Accountability Office More

Revised GDP growth gains 1.4 percent, stronger than expected The U.S. economy grew at a modestly faster pace in the second quarter than previously estimated, but the latest data confirms the expansion decelerated in the first half of the year More

Wells Fargo in Trouble Again After Repossessing U.S. Service Members' Cars: "Auto lenders cannot repossess the cars of the brave men and women who risk their lives to defend our freedom." 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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Dr. Kornylak

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