Archive for 2018

WOW: Today’s email blast from Barnes & Noble included a plug for Kurt Schlichter’s Militant Normals.

I was frankly shocked — in a good way — to see such a bipartisan selection from them.

I JUST WANT TO SAY TWO WORDS TO YOU. JUST TWO WORDS. ARE YOU LISTENING? Socialism Destroys.

OUCH: Michael shuts nearly 40 percent of U.S. Gulf of Mexico oil output.

Between this, Canada’s refinery fire, the roaring economy, Venezuela’s ongoing collapse, and the (necessary) return of sanctions on Iran, it sure doesn’t look like we’re going to see any price relief soon.

CALIFORNIA’S CORPORATE BOARD QUOTAS: Yes, it’s unconstitutional for California to set quotas for women serving on boards of public corporations.

SAD: Sears Prepares for Bankruptcy Filing as Debt Payment Looms.

Employees at M-III Partners, a boutique advisory firm, have spent the past few weeks working on the potential filing, the people said. In recent days, M-III staff have been at the retailer’s headquarters in Hoffman Estates, Ill., one person said. Sears continues to discuss other options and could still avert an in-court restructuring, the people added.

Sears, which has been losing money for years, has $134 million in debt due on Monday. Edward Lampert, the hedge-fund manager who is Sears’s chairman, chief executive, largest shareholder and biggest creditor, could rescue the company, as he has done in the past by making the payment.

But Mr. Lampert is pushing for a broader restructuring that would include shaving more than $1 billion from Sears’s $5.5 billion debt load, selling another $1.5 billion of real estate and divesting $1.75 billion of assets, including the Kenmore appliance brand, which he has offered $400 million to buy himself.

If there’s any way to save the long-troubled retailer, they’ve got to get out from under that debt first.

PLEASE: 35 States Tell the FCC to Get Off Its Ass and Do Something About Spoofed Robocalls.

Last November, the FCC created the 2017 Call Blocking Order, which is supposed to provide phone companies a means of weeding out and blocking robocalls. But a group of concerned attorneys general have observed that the robocall issue is getting worse, despite the order.

In 2017, the Federal Trade Commission received 4.5 million complaints about robocalls. The formal comment released today states that reports reflect there were an estimated 30.5 billion illegal robocalls made to cellphones and landlines last year.

The formal comment shakes its fist at scammers and spammers that have plagued the nation’s phones with robocalls—especially calls from spoof numbers that make it seem like the calls are coming from a nearby area code.

I get about a half-dozen of these things each day, and more during tax season.

LIZ SHELD’S MORNING BRIEF: Hillary Sez Dems Will Be Civil Once They Have Their Power Back and Much, Much More. “Hillary Clinton says Democrats can’t be civil with Republicans. Yeah, we know, we know. At least some of us know. Here’s a list John Nolte is keeping over at Breitbart of violence and harassment against Trump supporters. The tally is 583 acts of violence.”

It’s civility tomorrow and civility yesterday but never civility today.