Tag Archives: industries

Justin Bieber 75k Strip Club Night Out

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Last night on M.L.K day, Miami’s own K.O.D confirms Justin Bieber spent 75k last night, making it rain on the little stripper girls in Miami.…

Justin Bieber 75k Strip Club Night Out

Reec Talks New Hits With Jahlion Sound Movements (Reec’s #Top5ToVibe)

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Each Week on The Reec Show (Hot 107.9) Reec and some of the industries top DJs and taste-makers  talk music and discus records that are…

Reec Talks New Hits With Jahlion Sound Movements (Reec’s #Top5ToVibe)

Reec Talks New Hits With Jahlion Sound Movements (12.30.13 Songs of The Week)

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Each Week on The Reec Show (Hot 107.9) Reec and some of the industries top DJs and taste-makers  talk music and discus records that are…

Reec Talks New Hits With Jahlion Sound Movements (12.30.13 Songs of The Week)

Reec Talks New Hits With Jahlion Sound Movements (Songs of The Week)

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Each Week on The Reec Show (Hot 107.9) Reec and some of the industries top DJs and taste-makers  talk music and discus records that are…

Reec Talks New Hits With Jahlion Sound Movements (Songs of The Week)

Ho Sit Down: Michelle Bachmann Says God Will “Answer Our Prayers” And Repeal Obamacare With A “Miracle”

First Michelle said it was a judgment from God that the September 11th attacks and the Benghazi siege happened and now God will repeal Obamacare? Michelle we need you to seriously stop putting yourself out here like this. You make your party look crazy. Have several seats. Michelle Bachmann Says God Will Repeal Obamacare According to Raw Story Rep. Michele Bachmann (R-MN) is telling her constituents that God will “answer our prayers” and create a “miracle before our eyes” to repeal President Barack Obama’s health care reform law. In a Tuesday interview with evangelical radio host James Dobson, Bachmann noted that the House of Representatives had recently voted for the 37th time to repeal the Affordable Care Act and that she was hopeful that the Democratically-controlled Senate would do the same. “I think the President will ultimately be forced to repudiate his own signature piece of legislation because the American people will demand it,” she explained. “And I think before his second term is over, we’re going to see a miracle before our eyes, I believe God is going to answer our prayers and we’ll be freed from the yoke of Obamacare.” “I believe that’s going to happen and we saw step one last week with the repeal of Obamacare in the House. We have two more steps. We serve a mighty God and I believe it can happen.” At a tea party rally last week, Bachmann had falsely warned that Obamacare would allow the Internal Revenue Service to deny health care to patients. “Many people said this issue was dead, many people have said that Obamacare is here to stay,” she told the crowd. “We are here as the people’s representatives, as real people across the United States to say, this issue is now revived! It’s is back on the table!” Obamacare has been passed. Grow up and deal with it.

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Ho Sit Down: Michelle Bachmann Says God Will “Answer Our Prayers” And Repeal Obamacare With A “Miracle”

Lawsuits: Broke Azz Lindsay Lohan Sued By Clothing Company For $5 Million Over Her “Drug-Addled Image”

Lindsay, you need to get with your peoples and get some movie roles, endorsements something because we all know you don’t have $5 million. Lindsay Lohan Sued According to TMZ Lindsay Lohan has just been sued for $5 million she doesn’t have … all because of her highly-publicized drug problems, TMZ has learned. D.N.A.M. Apparel Industries — a clothing manufacturer — just filed the countersuit against Lindsay in response to Lindsay’s lawsuit against the company. In her lawsuit, Lindsay says she struck a business deal with D.N.A.M. in 2009 allowing them to manufacture clothes for her “6126″ clothing line — but D.N.A.M. stiffed her on a massive licensing fee. Lindsay wants $1.1 million in damages. But D.N.A.M. is now coming back at Lindsay for nearly five times that amount, insisting SHE’S the reason their business deal fell apart. According to D.N.A.M., the company did its darndest to sell their 6126 clothes to high-end third party retailers — but by spring 2010, no one would touch the brand … because Lindsay was back in rehab … and her legal problems were playing out in the media “like a Greek tragedy.” D.N.A.M. claims Lindsay’s “drug-addled image” destroyed 6126′s reputation, and rendered the clothing line completely unsellable. D.N.A.M. says it invested millions in 6126 for nothing — and now it’s suing for breach of contract and fraud, demanding at least $5 million in damages. And the irony … Lindsay’s currently back in rehab yet again. Lindsay’s attorney, Perry C. Wander, tells TMZ … “The license agreement does not have a morals clause that allows the company to suspend payment for any behavior. The contract is not in LL name thus she cannot be held personally liable. The cross claim is therefore frivolous and totally without merit and will be defended vigorously”. Damn Lindsay. You can’t sell clothes, movies, cheese….. nothing.

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Lawsuits: Broke Azz Lindsay Lohan Sued By Clothing Company For $5 Million Over Her “Drug-Addled Image”

The Side-Eye: That Fiscal Cliff ‘Deal’ Snuck In A Whole Lot Of Perks For Wall Street…And NASCAR?!?!

GTFOHWTBS! Wall Street wins…again. We knew politicians were shady as hell but, to throw in perks for banks like Morgan Stanely, that have already been bailed out by US already, is just a cotdayum slap in the face! And according to The Huffington Post , there’s a loooong azz list of other tax breaks for that 1% that we couldn’t even try to pull with Uncle Sam: The 11th-hour deal to avert the so-called fiscal cliff preserved billions of dollars in corporate tax giveaways even as it slashed take-home pay for millions of American workers. Tucked inside the last-minute fiscal cliff package were more than a dozen tax loopholes, many of which will benefit Wall Street financial firms and some of the nation’s biggest corporations. These breaks will cost hundreds of billions of dollars in the coming year, underscoring the lobbying power of corporate interests. The deal was less kind to the middle class. Congress permitted a cut in the payroll tax to expire, meaning that the tax burden for the average worker will increase about $1,000 in 2013. “This shows that the lobbyists are able to get what they want even when everyone else is starving,” said Phineas Baxandall, senior analyst for tax and budget policy at the U.S. Public Interest Research Group. “It also shows they are best able to get what they want when no one else is paying attention.” The corporate loopholes were part of a package of so-called tax extenders tacked onto the main bill. The extenders package, first approved by the Senate in early August, mixes popular benefits, like a deduction for teachers who buy classroom supplies, with corporate-friendly carve-outs, such as the “active financing” exception that permits businesses earning interest on overseas lending to defer U.S. taxes on that income indefinitely. There is even a tax break for construction of new racetracks. The tax extenders were passed for only one year, and they still need to clear another potential hurdle: upcoming negotiations over mandated spending cuts and the debt ceiling. President Barack Obama and congressional leaders have indicated they’d like to see a “grand bargain” on taxes, which would feature lower overall rates but close a slew of loopholes. The financial services industry, whose leaders had earlier joined a group of other corporate executives pushing for a “fair” solution to the fiscal crisis, is one of the primary beneficiaries of special-interest tax breaks. The active-financing exception, for example, permits banks like Morgan Stanley to avoid the 35 percent U.S. corporate tax rate on interest income from money lent overseas. A handful of other U.S.-based multinational companies with financing arms, such as Ford Motor Co. and General Electric, also use that exemption to lower their tax bills. The two-year cost to taxpayers is an estimated $11.2 billion, according to the congressional Joint Committee on Taxation. U.S. financial institutions argue that the active-financing exemption is necessary for them to compete in overseas markets with foreign banks that carry a lower tax burden. The loophole was repealed in the Tax Reform Act of 1986, but was reinstated in 1997 as a temporary measure after fierce lobbying by multinational corporations. According to Citizens for Tax Justice, the financial services industry paid an average effective tax rate of 15.5 percent from 2008 to 2010, far lower than that of most other industries. As part of the fiscal cliff deal, Congress also extended another little-known tax break that benefits large multinationals selling products through overseas affiliates. This “pass-through” exemption permits a U.S.-based company to set up a new corporation in a tax haven like the Cayman Islands and sell it a patent owned by the U.S. parent company. Royalties on overseas licensing of that patent would then route to the tax-sheltered firm, instead of the U.S. parent company. The Joint Committee on Taxation says the two-year cost of extending this shelter is $1.5 billion. One of the more unusual tax benefits in the fiscal cliff legislation is a longstanding carve-out for racetracks used by NASCAR. Since 2004, Congress has passed a series of stopgap measures that allow owners of motorsports complexes to accelerate their depreciation expenses. This means that owners can deduct more in expenses, reducing the taxes they must pay. Track owners and NASCAR together have spent hundreds of thousands of dollars lobbying for the tax benefit over the past five years, according to lobbying disclosure forms. The International Speedway Corp., which owns and manages NASCAR race tracks, has spent more than $1.1 million lobbying Congress since 2008. Over the same period, NASCAR spent more than $300,000 on lobbying efforts, which included a push to “make permanent the depreciation classification.” Supporters in Congress and industry groups have argued that the tax break is necessary to “maintain the current standard expected by our competitors and fans.” According to estimates by the Joint Committee on Taxation, the so-called NASCAR loophole will cost taxpayers $46 million this year and an additional $95 million through 2017. A spokesman for the International Speedway Corp., Charles Talbert, said the industry is simply seeking to preserve a tax designation it has relied on for years. He said in an email that racetracks had always used the accelerated depreciation schedule, but Congress had specifically written it into law after the Internal Revenue Service argued that it was improper in the early 2000s. Though Congress was willing to sign off on all these business-friendly goodies, legislative leaders couldn’t muster enthusiasm for extending the payroll tax holiday, which had cost the federal government $120 billion each year in lost revenue. As a result, a worker who earns $50,000 a year will now pay at least $80 per month in taxes. The payroll tax increase will affect as many as 160 million people. These bullsh*t excuses corporations can throw around in order to get a tax break are inexcusable. The Senate, Congress, and The Pres should all be ashamed of themselves. Images via tumblr

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The Side-Eye: That Fiscal Cliff ‘Deal’ Snuck In A Whole Lot Of Perks For Wall Street…And NASCAR?!?!

After ‘Halo’ Movie Debacle, Microsoft Becomes Master Chief Of Its Own Destiny

Microsoft and 343 industries aren’t getting into the cinema, they’re sidestepping it entirely as an obsolete technology. Halo 4: Forward Unto Dawn is a 90-minute, $10 million dollar movie , and if you’re wondering why you haven’t heard about its upcoming release, it’s because it’s already out . The new movie follows the a squad of military cadets as they gradually learn how to be soldiers and then, very suddenly, learn that they’re under alien attack. Finally, they learn that Master Chief kicks ass. But gamers already knew that. Master Chief is the ultimate tough guy. A bulletproof power-armored soldier, faceless by design behind his golden visor, all he does is sleep and fight. Literally: They keep him in cryosleep until its time for him to open another can of interstellar whoop-ass. He’s so self-sufficient an action star that he even carries his own damsel in distress with him, Cortana, a smokin’ female AI  that’s been loaded into the computers in his armor.  (This enables her to call him long-distance when the bad guys get her.) Given those credentials, how insane is it that he and Halo haven’t been in the cinema?  Think about it: Halo is one of the most popular gaming franchises in history. It’s the face of an entire console generation, a multi-billion-dollar phenomenon that generates block-long lines with the release of every new chapter of the game and opening weekend sales that would make most movie producers and studios weep into their cayenne-pepper cleansing smoothies. Even novels based on the game have  been bestsellers, and novels based on games have a worse reputation than the used socks of gamers. Halo would seem to have all the ingredients for an awesome summer tentpole picture: An inscrutable tough guy teams with unlikely allies to battle invading aliens and, along the way, encounters enough twists and support characters to support a full trilogy. (Sergeant Johnson alone deserves his own movie). And yet, Halo has been knocking around Hollywood production hell for seven years. In that time, the franchise has produced five more games, including a remake of the original 2001 game, Halo: Combat Evolved . An early script was written by Alex Garland, whose merciless Dredd 3D demonstrates that he’s the perfect writer for tough-guy-in-helmet-kills-everything plots. In 2005, Peter Jackson came on board as executive producer and Neill Blomkamp, who would go on to make   District 9 , was set to direct, and for a few months gamers were certain their dreams of a Halo movie were about to become computer-generated reality. Given the sweeping battles that Jackson depicted so vividly in LOTR , we envisioned breathtaking footage of the epic space combat only hinted at in Combat Evolved, alongside the and close-range futuristic firefights the game was all about . (Even fanfic that combined both franchises sounded possible. Imagine a crossover in which Legolas swings up around the turrets of a giant Covenant Scarab to shove an Energy Sword through its core, while Gimli clubs Brutes with their own gravity hammers and shouts “That still only counts as one point!”) Ironically, the huge financial potential of the Halo film is what ultimately doomed it. Microsoft saw the property as nothing less than the ultimate game movie and wanted to be compensated accordingly. Twentieth Century Fox and Universal initially partnered to take on the challenge, but the project collapsed over costs. The rights reverted to Microsoft, which was left with a money-minting game franchise that no one wanted to make mint money from. Which may be why Microsoft has decided to test the waters on its own. The company has a can’t-miss franchise and a vast entertainment network already wired to Halo’ s target market. It’s no secret that Microsoft and Sony have been positioning their Xbox and PS3 consoles as home-entertainment centers for years now. Gamers can stream Netflix movies through the former and watch Blu-Ray discs on the latter. And now here comes Microsoft with its very own content: Halo: Forward Unto Dawn, a live-action web series tied to the Nov. 6 release of Halo 4, which also bears the Forward Unto Dawn subtitle. Microsoft-owned 343 Industries has produced five 20-minute  webisodes, which if you add them up clock in at the length of a feature film. Then again, the shows are released weekly and distributed through Machinima , host to several popular video game series. The series is essentially an extended advertisement for the Halo games, but that doesn’t make it any less good. George Lucas kept Star Wars fans coming back to the cantina by expanding the universe and telling the story of brand new characters. With Forward Unto Dawn , the lines between advertising and content are blurred enough that it’s possible to enjoy both. This advertising pedigree also helps with production – they’re using everything they know about internet marketing, building interest in the series by slipping in hints about the hotly-anticipated Halo 4 game. Guaranteeing that every player will watch. The teaser trailer told fans everything they need to know: We’re sure a certain officer Lasky will turn up the upcoming Halo 4 . Impressively, Microsoft is now taking the “pay if you want to” model of many independent internet creators. The entire series runs free for everyone on YouTube, and will later be available for sale as a standalone DVD or — much more likely for most fans — an extra in a Collector’s Edition of Halo 4. That’s the exact opposite of cinema: you get to see whether you like it first, then you can pay some money. Most modern movies wouldn’t survive under those conditions. This is a test. Microsoft has a can’t-miss canon, an established fanbase, its very own distribution network, and a healthy love of making money. The producers of  Resident Evil: Damnation   recently avoided cineplexes entirely (possibly because it’s offended by the live-action movies), and marketed the movie directly to its hardcore fanbase through — via their consoles — a week before the DVD was released. If this series succeeds, it won’t just be a good collection of YouTube clips — it’ll be proof that movies don’t belong exclusively to the movie industry. Luke McKinney loves the real world, but only because it has movies and video games in it. He responds to every tweet. Follow Luke McKinney on Twitter. Follow Movieline on Twitter. 

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After ‘Halo’ Movie Debacle, Microsoft Becomes Master Chief Of Its Own Destiny

Rep. Fred Upton On Global Warming: ‘I Do Not Accept That It Is Man-Made’

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At a public forum today, Rep. Fred Upton (R-MI), the new head of the House energy committee, denied that climate change is manmade. Upton, who received $20,000 from Koch Industries in his most recent campaign, had called for a reduction in greenhouse emissions as recently as June 2009. Upton has now introduced legislation with Sen. Jim Inhofe (R-OK) to overturn the scientific finding by the Environmental… Broadcasting platform : YouTube Source : Think Progress Discovery Date : 08/02/2011 23:26 Number of articles : 2

Rep. Fred Upton On Global Warming: ‘I Do Not Accept That It Is Man-Made’

Abandoned Remains of the Russian Space Shuttle Project Buran

Abandoned Remains of the Russian Space Shuttle Project Buran added by: poojam