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Archive for June 23rd, 2014

Morgan Stanley: Tesla Most Important Automaker

Posted in Main Blog (All Posts) on June 23rd, 2014 11:08 pm by HL

Morgan Stanley: Tesla Most Important Automaker
Jerry Hirsch, Los Angeles Times: Morgan Stanley Research analyst Adam Jonas makes that argument in a new report to investors. “Not even two years after the delivery of the first Model S, Tesla Motors has transformed from fledgling start-up to arguably the most important car company in the world. We are not joking,” Jonas wrote. “Tesla is also emerging as an emblematic force in America’s effort to foster high tech manufacturing job growth.” Here’s why.

Mississippi Dems Furious at Cochran Stunt
Democrats have said they have a virtually once-in-a-lifetime opportunity to win a U.S. Senate seat in Mississippi but only if tea party darling and Mississippi state Sen. Chris McDaniel (R) beats incumbent Sen. Thad Cochran (R-MS) for the Republican nomination. So it’s easy to imagine the response when news broke that a Democratic operative has actually been helping Cochran’s re-election efforts. Renick Taylor, a Democratic activist and chairman of the Harrison County Democrats, said of the effort, “It’s despicable and Democrats should vote for Democrats. When a white conservative plays a black leader to convince black people to vote for the white conservative, as soon as that game is exposed, there’s fallout on both sides. The African-American community is not going to appreciate being sold like that and the McDaniel supporters are going to be rabid at Cochran for trying to bring Democrats in the Republican party. So there’s no winning there. It was a stupid, dumb move.”


Wimbledon Watch: Shaq, The Big Tennis Fan

Posted in Main Blog (All Posts) on June 23rd, 2014 11:08 pm by HL

Wimbledon Watch: Shaq, The Big Tennis Fan
LONDON (AP) — Andy Murray found time to pause and pose for a fan’s selfie before his first match Monday as Wimbledon’s defending champion.

1 in 4 Americans Lack Emergency Savings
Only 40 percent of Americans have three months of expenses saved, study shows.

Deputies: Drunk man steals beer at gas station
TAMPA, Fla. (AP) — A would-be thief ran in to some bad times — and the arms of the law — outside a Tampa convenience store.


Joe Biden doesn’t have a savings account?

Posted in Main Blog (All Posts) on June 23rd, 2014 11:08 pm by HL

Joe Biden doesn’t have a savings account?
At a working families event, the vice president understated his personal financial situation just a bit

Obama: Working women subject to unfair scrutiny
President Obama spoke at the first-ever White House Summit on Working Families to support several policies his administration has promoted to improve the lives of women and their families across America.

Michelle Obama wants a woman president “as soon as possible”
The first lady’s call wasn’t for a specific woman president, but said at the first-ever White House Summit on Working Families she thinks the country “is ready.”


David Brock Advises Media Of The Washington Free Beacon’s Unethical Practices

Posted in Main Blog (All Posts) on June 23rd, 2014 11:08 pm by HL

David Brock Advises Media Of The Washington Free Beacon’s Unethical Practices

Media Matters chairman David Brock is cautioning the media against validating the journalistic legitimacy of The Washington Free Beacon for accurate information, particularly with regard to its recent reports on Hillary Clinton.

The Free Beacon has published several pieces in recent days that attack Clinton based on tapes obtained from the University of Arkansas (UA) archives that depict interviews Clinton gave in the early 1980s.

The method and substance of The Free Beacon’s reporting have been called into question.

In a memo to news editors and reporters that was reported by Buzzfeed, Brock delineated unethical practices and methods of The Free Beacon, and urged credible media outlets to refrain from validating The Free Beacon’s journalistic legitimacy. Among other concerns, Brock pointed to The Free Beacon’s hidden reliance on an opposition research firm headed by GOP operatives to obtain the information relied on for its recent anti-Clinton stories. 


Obama’s Deficient Student Loan Plan

Posted in Main Blog (All Posts) on June 23rd, 2014 11:08 pm by HL

Obama’s Deficient Student Loan Plan
Steve Chapman, RealClearPolitics
The government normally doesn’t care whether you or I accumulate large bills for home improvement, a new car or exotic vacations. But Barack Obama feels no hesitation in concluding that the cost of higher education has placed “too big a debt load on too many young people.” Therefore, something must be done. The problem with Obama’s analysis is defining “too big.” Compared to what? Most of these young people, often in conjunction with their parents, have voluntarily shouldered student loans to pursue their studies. If they thought the burden was too heavy, they didn’t have to take it on. They…

LA Mayor Exemplifies America’s Decline
Dennis Prager, RealClearPolitics
Last week, during the official celebration of the Los Angeles Kings winning the Stanley Cup, the mayor of Los Angeles, Eric Garcetti, told a jammed Staples Center that “there are two long-standing rules for politicians . … They say never, ever be pictured with a drink in your hand and never swear. But this is a big f—–g day,” he said, holding up a bottle of Bud Light. You read that right. In front of 18,000 people at Staples and hundreds of thousands of others watching on television — many of them, of course, children — the mayor of the second-largest city in America held up a beer…

The Enigmatic War
Richard Cohen, RealClearPolitics
This is a splendid time to remember the First World War. It started 100 years ago this month with the June 28 shooting of the Austrian archduke and his wife. By the end of the summer, much of Europe was engaged in a war that lasted about four years, toppled four empires, precipitated the communist revolution, created by fiat the modern Middle East, recognized Zionism, made the U.S. a world power and cost the lives of about 10 million fighting men. Historians are still trying to figure out what happened. There are theories galore — and an equal amount of finger-pointing. Germany was to blame,…


VIDEO: Will Lib Dem fortunes rise again?

Posted in Main Blog (All Posts) on June 23rd, 2014 11:08 pm by HL

VIDEO: Will Lib Dem fortunes rise again?
Some Liberal Democrats are calling for a change of party leader, although that looks unlikely.

High-speed rail ‘needed in north’
A new HS3 high-speed rail link connecting Manchester and Leeds could help create a northern “global powerhouse”, Chancellor George Osborne says.


Changes strengthen John Boehner’s hand

Posted in Main Blog (All Posts) on June 23rd, 2014 11:08 pm by HL

Changes strengthen John Boehner’s hand
The Speaker can claim to be the only person able to hold the Republicans together.


Poll Finds Dissatisfaction Over Iraq

Posted in Main Blog (All Posts) on June 23rd, 2014 11:08 pm by HL

Poll Finds Dissatisfaction Over Iraq
Dissatisfaction with the president’s conduct of foreign policy has shot up among members of both parties in the last month, according to the latest New York Times/CBS News poll.



Targeting Anwar al-Awlaki Was Legal, Justice Department Said
The Justice Department memo concluded that it would be lawful to target Anwar al-Awlaki for killing if his capture was not feasible.



Stoppage Time in the World Cup Underscores Soccer’s Strange Rules
With the stoppage time rule, soccer, a timed game, actually ends only when the referee decides it has ended.


Judge Blocks Plans For Offshore Drilling In Mississippi

Posted in Main Blog (All Posts) on June 23rd, 2014 11:08 pm by HL

Judge Blocks Plans For Offshore Drilling In Mississippi

A Mississippi County judge found the Mississippi Development Authority did not submit a proper economic impact statement with its proposed drilling rules.

The post Judge Blocks Plans For Offshore Drilling In Mississippi appeared first on ThinkProgress.

In this file photo taken Aug. 19, 2008, the Chevron Genesis Oil Rig Platform is seen in the Gulf of Mexico near New Orleans, La.

In this file photo taken Aug. 19, 2008, the Chevron Genesis Oil Rig Platform is seen in the Gulf of Mexico near New Orleans, La.

CREDIT: AP Photo/Mary Altaffer, file

A county judge has temporarily blocked Mississippi’s plans for offshore natural gas drilling, saying the Mississippi Development Authority did not properly evaluate the economic impacts the drilling would have in the state.

On Thursday, Hinds County Chancery Judge William H. Singletary ruled that proposed regulations opening up parts of Mississippi Sound to drilling leases did not contain an adequate economic impact statement. The statement the MDA submitted, the Judge ruled, looked only at the economic impacts of leasing parts of the sound, and not at the impacts of the drilling itself. This incomplete EIS violated state law, according to the ruling.

“The EIS simply postpones addressing the costs and benefits associated with exploration and extraction until a future study,” the judge wrote in his opinion. “The EIS contains no analysis of impact on small businesses, no comparison of costs and benefits of not adopting the proposed rule, no determination of less costly or less intrusive methods, no description of reasonable alternative methods and no detailed statement of the data and methodology used in making estimates.”

Now, in order to proceed with the offshore drilling rules, the MDA will have to conduct a new economic impact statement “addressing all deficiencies set forth above,” the ruling states. That postpones the drilling rules, which means the Mississippi Sound is safe — for now — from natural gas drilling.

mississippi

CREDIT: Mississippi Development Authority

The ruling was in response to a 2012 lawsuit put forth by the Sierra Club and Gulf Restoration Network, which claimed that the MDA failed to conduct an adequate economic impact statement when drafting rules for drilling in the Mississippi Sound. Helen Rose Patterson, Mississippi Organizer for Gulf Restoration Network, told ThinkProgress that the MDA could appeal the ruling, but said it wasn’t likely, due to the strong wording of the judge’s ruling. The MDA told the Sun Herald last week that it was “aware of the court’s ruling” and was working with its attorneys to decide on how to proceed.

Patterson said she thinks if the MDA does complete a comprehensive EIS, it would find that drilling in Mississippi Sound wasn’t in the state’s best interest. One of the group’s biggest economic concerns is that drilling in the Mississippi Sound would hit the tourism industry in Mississippi, due to the proximity of the proposed drilling site to Mississippi’s barrier islands. Those islands are treasured for camping and fishing by Mississippi’s residents, she said, but they also bring tourists from all over the country. Putting gas rigs near those islands would disturb the islands’ integrity as wild places — being able to see drilling rig lights and flares doesn’t make for a peaceful camping experience, she said.

“They’d be very hard pressed to show that drilling would in fact be the right choice for Mississippi,” Patterson said. “There’s very little resource out there — very little natural gas, probably no oil — and so it’s just hard to see how that tiny bit of fossil fuel would be enough to justify jeopardizing all of those other really important things, including a really important element of quality of life along the coast.”

Patterson said she didn’t know what the timeline will be for the drilling rules — it all depends on whether the MDA decides to appeal the ruling or whether it decides to complete a new EIS. She said right now, she’s working with local officials to try to get them to pass resolutions in support of keeping drilling out of the barrier island region. She said especially in the near future, as restoration money from the Deepwater Horizon oil spill begins to funnel into the Gulf, undertaking projects that could put the waters off the coast of Mississippi in danger of yet another spill wouldn’t be smart.

“That money is very much directed towards restoration, and doing things that are completely counter to restoration is just not a wise idea,” she said. “I think local communities and their leaders really recognize that — that this money coming from BP is an unprecedented opportunity to really capitalize on using our natural resources in a sustainable way, and bringing in those nature tourism dollars and making sure that we have those things for years and years to come.”

The post Judge Blocks Plans For Offshore Drilling In Mississippi appeared first on ThinkProgress.


Stephen Cohen: On Violence in Ukraine

Posted in Main Blog (All Posts) on June 23rd, 2014 11:08 pm by HL

Stephen Cohen: On Violence in Ukraine
From: Nation in the News

Nation contributing editor Stephen Cohen appeared on The John Batcheler Show to discuss recent eruptions of violence in Ukraine.

Massachusetts Nannies and Housekeepers Now Protected From Long Days, Abuse, Sexual Harassment
From: Michelle Chen

The legislation will establish rules on working hours, rest breaks and dealing with work-related complaints.

My ‘Real’ Family Values
From: Katrina vanden Heuvel

It’s time to talk about paid sick days, maternity/paternity leave, and America’s backwards family workplace values.

A Student Fears America’s Gun Laws
From: StudentNation

“The slackening of state gun regulations has all the absurdity of a joke, but none of the humor.”

On the Folly of Helping Iraq’s Shattered Army
From: Bob Dreyfuss

The crisis has a political solution, not a military one—and Iraq’s armed forces are now officially hopeless.