Archive | March, 2014

Hong Kong says investigating a number of banks on alleged FX manipulation

Posted on 31 March 2014

(Reuters) – Hong Kong’s de facto central bank said on Tuesday that it is investigating a number of banks as part of the global probe into alleged manipulation of foreign exchange markets, as investigations into the $5.3 trillion-a-day-market escalate.

Rep. Debbie Wasserman Schultz Tells Four Lies in One Sentence, Washington Post Grades Two Pinocchios

Posted on 31 March 2014

“When 99 percent of women used birth control in their lifetime and 60 percent use it for something other than family planning, it’s outrageous and I think the Supreme Court will suggest that their case is ridiculous.” – Rep. Debbie Wasserman Schultz on MSNBC’s The Ed Show, March 25

Debbie Wasserman Schultz may have gotten two Pinocchios from Washington Post “Fact Checker” Glenn Kessler Monday for that statement above, but she got off easy.

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HP agrees to pay $57 million to settle shareholder lawsuit

Posted on 31 March 2014

(Reuters) – Hewlett-Packard Co agreed to pay $57 million to settle a lawsuit that accused the personal computer maker’s former management of defrauding shareholders by abandoning a business model it had long touted.

Obamanomics in Action: 260,000 College Graduates in Minimum Wage Jobs

Posted on 31 March 2014

The number of minimum wage workers with college degrees is still more than double what it was during the Bush years. If you thought paying tens of thousands of dollars for a college education guaranteed a high-paying job, think again. … Continue reading

FNC’s Megyn Kelly on Noel Sheppard: ‘I Was a Personal Fan of His…I Really Respected Him’

Posted on 31 March 2014

FNC host Megyn Kelly wrapped up a Monday night Kelly File interview with MRC President Brent Bozell by paying tribute to Noel Sheppard, Associate Editor of NewsBusters, who passed away Friday …

Networks Fret Over UN Report on Climate Change; ‘Urgent New Warning,’ ‘Extreme Consequences’

Posted on 31 March 2014

The networks all hyped the new United Nations report on climate change on Monday evening, touting it as a dire call for action and an “urgent new warning.”

NBC’s Brian Williams gave by far the most dramatic take on the report, even starting the Nightly News with the story. “Good evening, the world has never been spoken to quite this way,” he soberly began.

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Will AP, Which Covered Group Protesting ‘Higher’ Deportations, Note CIS Study Of Illegal-Immigrant Criminals Released?

Posted on 31 March 2014

Two weeks ago, Nicholas Riccardi at the Associated Press basically gave an open mic to immigration amnesty groups who pretend to believe that the Obama administration has been deporting more immigrants who are here illegally per year than previous administrations did. Some of the groups involved are moving to disruptive tactics which look more like attempts at mob rule than those employed in a civil society.

Today, several center-right news outlets and blogs are reporting that the Center for Immigration Studies has reviewed information recently released by Homeland Security’s Immigration and Customs Enforcement arm. Unsurprisingly, CIS has found far more laxness in deportation efforts. But what may surprise many, and what should be reported by AP and other establishment press outlets if they have any consistency and integrity, is how nonchalant the administration has been in releasing hardened criminals onto America’s streets. Stephen Dinan at the Washington Times appears to have been the first to report on situation on Sunday:

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Breaking news from CNN! A Boeing 777 like MH370 needs fuel to fly

Posted on 31 March 2014

Big breaking news from CNN about Malaysia Airlines Flight MH370. A Boeing 777 like MH370 would struggle to maintain altitude once fuel tanks were empty! OMFG! REALLY?! This is CNN: Breaking news from CNN! A Boeing 777 like MH370 needs fuel to fly Hey thanks CNN for making sure we all knew the crucial fact […]

The post Breaking news from CNN! A Boeing 777 like MH370 needs fuel to fly appeared first on Fire Andrea Mitchell!.

Ed Schultz Drools Over ‘Fantastic’ Economic Recovery Under Obama

Posted on 31 March 2014

“None of them knew the color of the sky” is the first line of the Stephen Crane short story “The Open Boat” about four men crowded in an overloaded dinghy on rough seas. The men are so intent on preventing their small boat from getting swamped, none of them has time to look up.

Much the same way, Ed Schultz is so busy shilling for Obama, he can’t see the writing on the wall. (Audio after the jump)

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Asian shares hit four-month high on China data, Yellen

Posted on 31 March 2014

TOKYO (Reuters) – Asian shares hit four-month high on Tuesday after China’s official PMI survey showed manufacturing managed to continue expanding in March, and dovish comments from Federal Reserve Chair Janet Yellen.

Networks Give Mic to Obama and Biden on Eve of ObamaCare Enrollment Deadline

Posted on 31 March 2014

Hours before ObamaCare’s enrollment deadline, the networks provided an overall positive take on the law and allowed the White House to defend its signature legislation, leaving no room for a Republican response.  

CBS highlighted the last-minute rush to sign up on the exchanges but when it reported that the final enrollment numbers would fall short of the White House’s original prediction, it turned to President Obama who downplayed the shortfall. At least NBC and ABC noted that questions still need answering, like how many enrollees actually paid their first premium.

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Chris Christie: My Obama “Bear Hug” Did Not Hurt Mitt Romney (Video)

Posted on 31 March 2014

Governor Chris Christie told Megyn Kelly on The Kelly File that his big Obama bear hug before the 2012 election did not hurt Mitt Romney. Megyn Kelly: You bear hug of President Obama in the wake of Hurricane Sandy. Some … Continue reading

Big Brother to Grandparents: Read Government Certified Stories to Push Healthy Eating

Posted on 31 March 2014

Big Brother wants grandparents to read certified nutrition books like “The Two Bites Club” to their grandkids to encourage healthy eating. The Washington Free Beacon reported: The U.S. Department of Agriculture (USDA) is giving advice to grandparents on how they … Continue reading

Honor Diaries extended clip about Muslim violence against females (Video)

Posted on 31 March 2014

Honor Diaries is a documentary about Muslim violence against females. The following video is an extended clip exposing Muslim on women violence. News about the Honor Diaries was featured on The Kelly File tonight as well. Progressive liberal groups and CAIR are trying to stifle free speech and get this documentary banned. Honor Diaries extended […]

The post Honor Diaries extended clip about Muslim violence against females (Video) appeared first on Fire Andrea Mitchell!.

Magnitude 5.0 Earthquake Detected Off North Korean Coast

Posted on 31 March 2014

M5.0 – 132km SW of Ongjin, North Korea 2014-03-31 19:48:36 UTC The Telegraph reported: A magnitude five earthquake has been detected 132km (80 miles) from the Korean peninsula early on Tuesday morning, the United States Geological Survey (USGS) has said. … Continue reading

China March official manufacturing PMI rises to 50.3

Posted on 31 March 2014

BEIJING (Reuters) – Activity in China’s factory sector edged up slightly in March, a government survey showed, though the figure is unlikely to dispel concerns that the world’s second-largest economy is facing a slow first quarter.

Wall Street rises on Yellen’s view; S&P scores modest first quarter gain

Posted on 31 March 2014

NEW YORK (Reuters) – U.S. stocks rose on Monday, with the S&P 500 ending both March and the first quarter of 2014 with moderate gains, after Federal Reserve Chair Janet Yellen relieved concerns about a rate hike coming earlier than expected.

Taliban Terrorists Disguised in Burqas Attack Afghan Election HQ

Posted on 31 March 2014

(The Slog) Five Taliban terrorists disquised in burqas attacked the Afghanistan election commission headquarters in Kabul on Saturday. The terrorists were killed by police. The AP reported: Afghan police killed all five militants who attacked the election commission headquarters in … Continue reading

Japan business mood recovery slows, outlook dims-BOJ tankan

Posted on 31 March 2014

TOKYO (Reuters) – Japanese business sentiment barely improved in the three months to March and is set to sour in the following quarter, a closely watched central bank survey showed, underscoring the challenges facing Prime Minister Shinzo Abe in his ef…

U.S. judge says SEC lawsuit against Bank of America should proceed

Posted on 31 March 2014

(Reuters) – A federal judge on Monday recommended letting the U.S. Securities and Exchange Commission pursue a lawsuit against Bank of America Corp over $855 million of mortgage securities that soured during the global financial crisis.

Singapore’s OCBC offers $4.95 billion for Wing Hang bank

Posted on 31 March 2014

SINGAPORE (Reuters) – Oversea-Chinese Banking Corp Ltd , Singapore’s second-biggest lender, made a formal offer to buy Hong Kong’s Wing Hang Bank Ltd for a slightly lower than expected HK$38.428 billion ($4.95 billion).

Ronan Farrow, MSNBC’s ‘Boy Wonder,’ ‘Sort of Stinks on TV’ and Has Poor Ratings

Posted on 31 March 2014

When the “Lean Forward” network hired Ronan Farrow last October to host his own weekday news/interview show, the 20-something son of actress Mia Farrow was hailed as “an original thinker” who could bring his 250,000 Twitter followers to watch him on MSNBC.

However, only a month after Ronan Farrow Daily debuted in mid-February, an anonymous source inside the channel told the New York Daily News that Farrow’s ratings have been poor, and his program “has been a disaster for MSNBC” because the young host “sort of stinks on TV” and “hasn’t turned out to be the superstar they were hoping for,” even in the relevant demographic of younger viewers ranging from 25 to 54 years of age.

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Falcone says suppressing Ergen’s debt is key to LightSquared restructuring

Posted on 31 March 2014

NEW YORK (Reuters) – Investor Phil Falcone, whose Harbinger Capital Partners owns bankrupt wireless company LightSquared, on Monday said he always intended to cut the debt claims of LightSquared’s largest creditor, Dish Network Corp Chairman Charlie Er…

FBI investigating high-speed trading outfits: WSJ

Posted on 31 March 2014

(Reuters) – United States federal agents are investigating whether high-speed trading companies violate U.S. laws by using fast-moving market information not available to other traders, the Wall Street Journal reported.

U.S. judge says SEC lawsuit against Bank of America should proceed

Posted on 31 March 2014

(Reuters) – A federal judge on Monday recommended rejecting Bank of America Corp’s bid to dismiss a U.S. Securities and Exchange Commission lawsuit over $855 million of mortgage securities that soured during the global financial crisis.