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liberal N proud

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Member since: Sun Aug 8, 2004, 01:54 PM
Number of posts: 48,633

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5 companies that aren't expected to make it through 2013

Each year, the editors at 24/7 Wall St. identify 10 American brands most likely to disappear. This year's list reflects the brutally competitive nature of certain industries and suggests what can happen to companies that fall behind in efficiency, innovation or financing.

The website takes a methodical approach in predicting which brands will disappear before the end of 2013, based on the following criteria:

•A rapid decline in sales, contributing to steep losses.
•Disclosures by the parent of a brand that it might go out of business.
•Rapidly rising costs that are unlikely to be recouped through higher prices.
•Companies that are sold.
•Companies that go into bankruptcy.
•Companies that have lost most of their customers.
•Operations with rapidly withering market shares.

The 5 most endangered companies are:
Pacific Sunwear of California
Research In Motion - makers of Blackberry
Current TV
American Airlines

Edit for absentmindedness: http://money.msn.com/investing/5-companies-that-are-sinking-fast

My nephew works for one of those, I am afraid for him and his family.
Posted by liberal N proud | Wed Jul 25, 2012, 03:27 PM (5 replies)

Corkscrew Wind Turbine Now Powering Cleveland Indians Stadium

I saw this today driving into downtown Cleveland today and wondered what it was. I guess it has been there since April, but I try not to go down there too often.

Corkscrew Wind Turbine Now Powering Cleveland Indians Stadium
April 13, 2012 By Zachary Shahan

This is an interesting one. A newly patented ‘corkscrew’ wind turbine designed by Cleveland State University (CSU) mechanical engineering professor Dr. Majid Rashidi is now helping to power the Cleveland Indians’ stadium. It was put in place about one week ago.

Posted by liberal N proud | Wed Jul 25, 2012, 12:35 PM (1 replies)

Lewis Black on Daily Show

Going off on the Romney hypocrisy.
Posted by liberal N proud | Tue Jul 24, 2012, 11:15 PM (3 replies)

6 killed in Yogurt truck crash in New York

Yogurt truck causes chain-reaction crash, killing six in upstate New York

Six people were killed and one was injured Thursday morning when a tractor trailer carrying yogurt rear-ended a vehicle that had slowed for construction work, causing a chain reaction.

Five of the victims died when their SUV caught fire after being hit. Trooper Jack Keller told The Associated Press that the driver of the first vehicle struck died at a hospital.

The tractor-trailer driver, James A. Mills Jr. of Myerstown, Pa., was taken to a hospital for treatment, the AP said.

Posted by liberal N proud | Thu Jul 19, 2012, 11:27 PM (0 replies)

They are serving needles sandwiches on Delta Airlines

Needles found in sandwiches on 4 Delta flights

MINNEAPOLIS — Delta Air Lines Inc. is trying to figure out how needles got into turkey sandwiches on four flights from Amsterdam to the U.S.

The airline says needles were found in six sandwiches on four flights on Sunday. Delta spokeswoman Kristin Baur says one passenger on a flight to Minneapolis was injured, but the passenger declined to get medical attention.

The sandwiches were prepared in the kitchen of a catering company in Amsterdam, and some were served to business class passengers on Delta flights. After the needles were found, passengers got pizza instead.

Posted by liberal N proud | Mon Jul 16, 2012, 08:36 PM (9 replies)

Starring Mitt Romney as Gordon Gekko

Can the Obama campaign turn the Republican nominee into a villain of corporate capitalism?

On the Fourth of July, Vanity Fair uploaded a 4,457-word investigative feature by Nicholas Shaxon about Mitt Romney’s offshore, tax-protected money—“$30 million in Bain Capital funds in the Cayman Islands alone?”

Four days later, President Obama’s surrogates appeared on cable and the networks to tell viewers to read past the Pippa Middleton story and check out Shaxon. “I've never known of a Swiss bank account to build an American bridge,” zinged Maryland Gov. Martin O’Malley. (The Los Angeles Times headline for these interviews was “Party surrogates rely on familiar talking points on Sunday shows.” Clip that one and stow it somewhere cold.)

Sunday afternoon, running into Monday morning, reporters started filing stories on the Range Rover-surfeited scene outside of Romney’s fundraisers in the Hamptons. One of these events, at a home owned by David Koch, was bracketed by bused-in Occupy and MoveOn protesters and buzzed by a plane with an anti-1-percent slogan: “ROMNEY HAS A KOCH PROBLEM.” The donors avoided the protesters but gave reporters quotes worthy of F. Scott Fitzgerald characters.

Which takes us to Monday afternoon, and President Obama’s announcement that he wants to keep all of the Bush tax rates for households making less than $250,000. He campaigned on that in 2008. He campaigned on it in 2010. Nothing had changed except the hair color of his opponent. “Many members of the other party,” said Obama, “believe that prosperity comes from the top down—that if we spend trillions of dollars on tax cuts for the wealthiest Americans, that that will somehow unleash jobs and economic growth. I disagree.”


Funny how the article calls it a “Democrat-Media Complex”

Posted by liberal N proud | Tue Jul 10, 2012, 01:59 PM (0 replies)


THE 1 PERCENT SOLUTION “He has that invisible wall between ‘me’ and ‘you,’” says a fellow Republican.

Posted by liberal N proud | Sat Jul 7, 2012, 11:19 AM (0 replies)

How Much Is the ACA ‘Tax’?

Q: How much will the “tax” penalty be for going without health insurance?

A: The minimum assessment will be $695 per person (but no more than $2,085 per family) in 2016, when fully phased in. The amount can be higher depending on income. But there are exemptions for low-income persons and others.

But it will be less to start. The minimum penalty per person will start at $95 in 2014, the first year that the law will require individuals to obtain coverage. And it will rise to $325 the following year.

Starting in 2017, the minimum tax per person will rise each year with inflation. And for children 18 and under, the minimum per-person tax is half of that for adults.

Posted by liberal N proud | Fri Jun 29, 2012, 12:40 PM (23 replies)

3.1 million young adults - 62,000 Americans with pre-existing health conditions

Those are the big winners today!

About 3.1 million young adults gained health insurance through a provision that allows them to stay on their parents' policies until age 26. In addition, nearly 62,000 Americans with pre-existing health conditions, who would otherwise be uninsurable, gained coverage through the government's Pre-Existing Condition Insurance Plans (PCIPs). Those enrolled will be able to stay in the program until it expires in 2014. At that time, they'll be eligible to buy health insurance through state-based insurance marketplaces scheduled to be up and running by fall 2013.

Posted by liberal N proud | Thu Jun 28, 2012, 01:19 PM (3 replies)

Cuyahoga County GOP lying about jobs at NASA (cross post GD)

Cuyahoga County GOP says jobs in jeopardy at NASA Glenn, NASA denies claims

CLEVELAND - Jobs at NASA's Glenn Research Center in Cleveland are being moved to other facilities. That is according to the Cuyahoga County Republican Party. The group says the moves will have devastating effects on the local economy.

The party says this move will not be officially announced until after this year's presidential elections.

A news release from the Cuyahoga County Republican Party said they've confirmed through several sources “the transfer of most research and developmental activities related to manned spaceflight from Glenn Research Center to other NASA facilities.”

NASA denies the claims.

“NASA is not transferring human spaceflight research and development activities from the Glenn Research Center. In fact, under the ambitious U.S. space exploration plan, President Obama is carrying out, funding for Glenn increases by $17 million next year," NASA Press Secretary Lauren Worley said in a statement.

Read more: http://www.newsnet5.com/dpp/news/local_news/cleveland_metro/cuyahoga-county-gop-says-jobs-in-jeopardy-at-nasa-glenn-nasa-denies-claims#ixzz1z5J7zwFb

Unbelievable the lengths the GOP will go to discourage people. This is an attempt to scare voters from voting for the President.

Cross post in GD: http://www.democraticunderground.com/1002867267
Posted by liberal N proud | Thu Jun 28, 2012, 07:02 AM (1 replies)
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