SOROS ADMITS INVOLVEMENT IN MIGRANT CRISIS: ‘NATIONAL BORDERS ARE THE OBSTACLE’

Billionaire investor George Soros has confirmed he wants to bring down Europe’s borders, following the accusation made last week by Hungarian Prime Minister Viktor Orban.  Read more

ISM manufacturing index falls to lowest level since May 2013

WASHINGTON (MarketWatch) - U.S. manufacturers grew in October at the slowest rate in more than two years, a survey of executives found. The Institute for Supply Management said its manufacturing index fell slightly to 50.1% last month from 50.2%. That's the lowest level since May 2013. Economists surveyed by MarketWatch had forecast the index to rise to 51%. Readings over 50% indicate more companies are expanding instead of shrinking. The employment gauge dropped 2.9 points to 47.6%, marking the lowest level since the U.S. exited the Great Recession in mid-2009. Yet the ISM's new-orders index rose 2.8 points to 52.9%, a three-month high.

OECD: Tax Inversions Help to Drive Foreign Investment in US

Foreign investors are putting record amounts of cash into the U.S. in a sign of significant optimism about the country’s economy. 

But the investments also reflect the popularity of so-called “tax inversions,” a way for U.S. companies to cut their tax rates by joining with a foreign company that has a lower rate.

Foreign direct investment into the U.S. reached $200 billion in the first six months of this year, a record high according to a report by the Organization for Economic Cooperation and Development.  Read more

Koppel: America Woefully Unprepared for Attack on Power Grid

The United States has no plan for a cyberattack against its power grid that could come at the drop of a hat, says former "Nightline" host Ted Koppel, in his new book, "Lights Out: A Cyberattack, A Nation Unprepared, Surviving the Aftermath,"  and it has him worried.

"It's frightening," Koppel told "CBS Sunday Morning." 

"I mean, it is frightening enough that my wife and I decided we were going to buy enough freeze-dried food for all of our kids and their kids."  Read more

NASA Debunks Global Warming: Ice Sheets Growing

Recent NASA studies show the Anarctic ice sheet is gaining more mass than it is losing, ScienceDaily.com reports. 

In 2013, the Intergovernmental Panel on Climate Change said the Antarctic ice sheet had lost large amounts of mass with little or no gain, but new NASA studies say the opposite.   Read more

Brace Yourself for Another Disappointing Jobs Report and More White House Disinformation

Friday, the Labor Department will issue another mediocre jobs report — private forecasters estimate 190,000 jobs were created in October — well below the 260,000 averaged in 2014.

The White House will tout the economy is doing quite well — proclaiming 61 consecutive months of jobs creation — and liberal commentators like New York Times columnist and CNBC analyst John Harwood may offer this as more proof that the economy does better with a Democrat in the White House.

Read more

Not News: Obama-Clinton Emails Render His Related Kroft Interview Statements False

A Friday evening story at the New York Times covered the Obama administration's decision to "try to block the release of a handful of emails between President Obama and former Secretary of State Hillary Rodham Clinton." In it, reporters Michael D. Shear and Michael S. Schmidt demonstrated that President Obama undoubtedly did not tell the truth in his interview with CBS News's Steve Kroft in a 60 Minutes episode which aired on October 11. In that interview, Obama had the following to say about his knowledge of Mrs. Clinton's private email server:  Read more