Chriss W. Street - Page 52

Just two days after April Fool’s Day, the California State Assembly passed House Resolution 29, denouncing outsourcing of government services to private contractors, and pledging oppose all future “outsourcing of public services and assets.”   Despite staunch opposition from the League

Despite having America’s highest proven reserves at over 15 billion barrels of oil, Californians now pay $.72 per gallon more per gallon of gasoline than Texans.  Consequently, each driver in California pays a penalty of $326 per year more  for

Phillips 66, formerly a division of energy giant ConocoPhillips, recently filed a project proposal to bring mile-long crude oil trains from Canada and North Dakota to its refinery in California’s San Luis Obispo County. If approved, the project would mean up to

Residents of the Syrian town of Taibet al-Emam in western Syria revolted against the al Qaeda-linked Jabhat al-Nusra militant group occupying their community on April 5th, killing and wounding more than 50 rebels, according to SANA radio.  It seems that

The common denominator between my Breitbart published story, “Earth Quake Storm Rattles California,” about the 100 quakes of up to 5.3 magnitude that rolled through Southern California on Saturday, the 8.1 magnitude monster that pummeled Chile Tuesday, and the 5.8

With the Veterans Administration (VA) about to face hearings on Capitol Hill regarding preventable deaths in their system, the Center for Investigative Reporting (CIR) released a report exposing the VA ha secretly paid $200 million to settle nearly 1,000 wrongful

For the third time in five years, armed military personnel have plotted attacks on unarmed soldiers at the Fort Hood military post in Killeen, Texas. On April 2nd, a gunman opened fire, killing three people and wounding as many as

As President Obama was reading his teleprompter on March 20th to announce sanctions against Russia, Syrian rebel forces, led by al Qaeda-linked Islamic Front and Jabhat al-Nusra, launched a surprise offensive in northwestern Syria near the Turkish border.  The offensive,

Margaret Thatcher famously commented on the European welfare state spending, “The problem with socialism is that eventually you run out of other people’s money” to spend. European elites are panicking over a report in the Financial Times of London titled

Ronald Reagan famously once said: “We could say [Democrats] spend money like drunken sailors, but that would be unfair to drunken sailors. It would be unfair, because the sailors are spending their own money.” With Democrats looking like they may lose

Stocks that comprise the volatile NASDAQ Composite Stock Index suffered their worst weekly losses in 15 months with a 2.8% plunge, as Wall Street continued to reel from Federal Reserve Chairman Janet Yellen’s March 19th warning that the Fed intended to

California suffered an “earthquake storm” on Friday night. At 8:03 PM Southern California suffered a small 3.6 earthquake on the Richter scale; followed at 9:14 PM with what the U.S. Geological Survey called a “moderate” 5.1 quake that lasted for

The Obama Administration screamed during the government shutdown last October that cutting federal spending would tank the economy and lead to higher unemployment, but the Bureau of Economic Analysis announced that despite a huge 4.6% quarterly cut in federal spending over

According to the Washington Post, President Obama has been hammering at Democratic fundraisers for the past few months that his party always gets “clobbered in midterm elections.” Although the midterm elections are usually regarded as a referendum on the sitting

Democrats and union officials usually blame management obstruction, international competition, and the growth of robots for the 80% decline in the percentage of Americans working in the private sector that are unionized.  However, Steve Early, longtime union staff member and

This week saw escalating rounds of ceremonial sanctions by the U.S. and European Union (EU) against Russia over its annexation of the Crimea, followed by escalating ceremonial sanctions by Russia against the U.S. and EU. But as President Obama looked

Janet Yellen, in her first press conference as the new Federal Reserve Chair, said the U.S. economy is expanding by close to 3% despite harsh weather. She added that hiring and wage growth are faster than expected, causing unemployment to

Stock markets around the world fell Thursday, led by the 246 point dive, or 1.5%, for the U.S. Dow Jones Industrial Average and a 1.9% drop for German stock market index. Analysts generally pointed to worries about shrinking Chinese lending

The United States Bureau of Labor Statistics (BLS) announced on March 12th that the total cost of employing a state or local government worker is 45% more than an equivalent worker in the private sector.  For the month of December

As Russia President VladimirPutin consolidates his military hold on the Crimean Peninsula, President Obama signedan executiveorder suspending certain Russian visas and allowing the TreasuryDepartment to impose financial sanctions on individuals and entities for “misappropriating state assets of Ukraine.”  Both Houses

The ObamaAdministration’s 2015 proposed “Budget of the United States” promises the economywill grow at its fastest rate in a decade, unemployment will fall to theaverage of the Reagan Administration, and spending will rise at its lowestpercentage rate since the Clinton

Russia’s invasion of Crimea is a tipping point eventthat will further spur the American oil boom. The European Union (EU) and United States in 2008 threatened to slap economicsanctions on Russia for invading Georgia. But after a while the criticism

The Russian stock market sufferedan 11% loss overnight in reaction to a run on bank deposits fed byrumors the European Union and the United States would apply Cold War-typesanctions to punish Russia’s invasion of Crimea.  The price collapse was worst

New York Times editorialwriter Joe Nocera had a field day onFebruary 28th raging against “TheBitcoin Blasphemy,” which he claimed is libertarian “sacrilege” since it is “unconnectedto any currency or any government.”  Itis enlightening that the leftist thought police at the Times

European and Americanmedia may be celebrating the triumph of the Ukraine “people’s revolution,” but the real question is who is going to payfor the $29 billion a year bailout to keep the country from goingbankrupt.  United States Secretary ofState John

The Wall Street Journal on February 25th published a story about December’s messy corporate divorce between Bill Gross and Mohamed El-Erian as Co-Chief Investment Officers at Pacific Investment Management Company (PIMCO), the world’s largest bond fund with almost $2 trillion

Janet Yellen, newly confirmed Federal Reserve (Fed) chair, announced February 19th that America’s central bank is moving to cut off the massive financial lifeline that has been subsidizing the European banking system since the beginning of the global financial crisis in

The highly credible HSBC/Markit Purchasing Managers’ Index (PMI) of economic demand in China reported that demand in China’s factories fell for a second month in a row and hit a seven-month low.  Markit Research also reported that production turned negative

A joint investigation by the U.S. Department of Justice, Hong Kong Department of Justice, and the UK Ministry of Justice into accusations that American investment banks hired the children of powerful Asian officials to secure lucrative securities business may have

America’s energy boom is about to take another huge leap forward as the State of Alaska is on the verge of approving the $50 billion All-Alaskan Gas Pipeline (AAGP). The massive project will transport “stranded” North Slope natural gas south

German Foreign Minister Frank-Walter Steinmeier announced on January 30th: “As correct as the policy of military restraint is, it must not be misunderstood as a culture of standing aside.” In a full-page interview under the headline “Germany and the World,”

During the morning before the 2014 State of the Union address, White House Counselor John Podesta fired up the Democrat faithful with visions of a passionate President Obama about to declare rule by executive orders to vanquish his obstructionist Republican

A Quinnipiac University National Poll released January 22nd reveals that American voters rate President Barack Obama’s leadership on the economy, jobs, and healthcare as very poor; his only positive marks come from fighting terrorism.  Barack Obama’s first presidential campaign narrative

The Obama Administration’s $5.8 trillion of big government deficit spending has caused the United States to suffer an “internal devaluation,” as American worker wages after inflation were forced down in each of the last five years.   American competitiveness increased by

On December 29th, Islamist terrorists turned the Russian city of Volgograd, just 430 miles from venues of the Sochi Winter Olympics scheduled to open on February 7th, into a slaughterhouse in their efforts to humiliate Russia’s attempts to demonstrate the country’s

Bitcoin is the name of a group of peer-to-peer payment networks that serve as an open-source form of digital currency that was originally introduced in 2009 by a software developer with the alias of “Satoshi Nakamoto.”  Bitcoin currency is created as rewards to “miners”