Articles in the In brief Category
Obama Orders Executive Pay Cuts at Bailed-Out Banks
Posted in In brief on 22 October 2009
Stats: 3 views and No Comments "The Obama administration slammed Wall Street by ordering pay cuts of an average of 50 percent and caps on benefits for top executives at companies owing the government billions of dollars from taxpayer-funded bailouts." (Bloomberg, Thursday) We should want the people mad enough to demand no more bailouts. FEE Timely Classic "Bailing Out ...
Posted in In brief on 22 October 2009
Stats: 3 views and No Comments "The Obama administration slammed Wall Street by ordering pay cuts of an average of 50 percent and caps on benefits for top executives at companies owing the government billions of dollars from taxpayer-funded bailouts." (Bloomberg, Thursday) We should want the people mad enough to demand no more bailouts. FEE Timely Classic "Bailing Out ...
Senate Stops Rise in Medicare Reimbursements
Posted in In brief on 22 October 2009
Stats: 1 views and No Comments "With budget anxieties pervading the congressional healthcare debate, the Senate on Wednesday sidetracked popular legislation that would have increased Medicare payments to doctors by nearly $250 billion over the next decade." (Los Angeles Times, Thursday) Why does government set prices? FEE Timely Classic "Rights Versus Entitlements" by Steven Yates
Posted in In brief on 22 October 2009
Stats: 1 views and No Comments "With budget anxieties pervading the congressional healthcare debate, the Senate on Wednesday sidetracked popular legislation that would have increased Medicare payments to doctors by nearly $250 billion over the next decade." (Los Angeles Times, Thursday) Why does government set prices? FEE Timely Classic "Rights Versus Entitlements" by Steven Yates
Environmentalists Fight among Selves over Wind Power
Posted in In brief on 22 October 2009
Stats: 1 views and No Comments "Workers atop mountain ridges are putting together 389-foot windmills with massive blades that will turn Appalachian breezes into energy. Retiree David Cowan is fighting to stop them. Because of the bats. Cowan, 72, a longtime caving fanatic who grew to love bats as he slithered through tunnels from Maine to ...
Posted in In brief on 22 October 2009
Stats: 1 views and No Comments "Workers atop mountain ridges are putting together 389-foot windmills with massive blades that will turn Appalachian breezes into energy. Retiree David Cowan is fighting to stop them. Because of the bats. Cowan, 72, a longtime caving fanatic who grew to love bats as he slithered through tunnels from Maine to ...
Bailout Overseer Warns of Surprise Price Tag
Posted in In brief on 21 October 2009
Stats: 4 views and No Comments "The $700 billion bailout will ultimately cost taxpayers billions of dollars, but the government stands to lose much more than the money it's pouring into companies. Neil Barofsky, special inspector general for Treasury's financial sector rescue, wrote in a report released Wednesday that the bailout has several hidden costs." (CNN ...
Posted in In brief on 21 October 2009
Stats: 4 views and No Comments "The $700 billion bailout will ultimately cost taxpayers billions of dollars, but the government stands to lose much more than the money it's pouring into companies. Neil Barofsky, special inspector general for Treasury's financial sector rescue, wrote in a report released Wednesday that the bailout has several hidden costs." (CNN ...
House Health Bill Called Deficit Reducer
Posted in In brief on 21 October 2009
Stats: 8 views and No Comments "A preliminary estimate from the Congressional Budget Office projects that the House Democrats' health care plan that includes a public option would cost $871 billion over 10 years, according to two Democratic sources. CBO also found that the Democrats' bill reduces the deficit in the first 10 years." (CNN, Wednesday) Yo, ...
Posted in In brief on 21 October 2009
Stats: 8 views and No Comments "A preliminary estimate from the Congressional Budget Office projects that the House Democrats' health care plan that includes a public option would cost $871 billion over 10 years, according to two Democratic sources. CBO also found that the Democrats' bill reduces the deficit in the first 10 years." (CNN, Wednesday) Yo, ...
Volcker Clashes with Obama over Banking Regs
Posted in In brief on 21 October 2009
Stats: 1 views and No Comments "[Former Fed chairman Paul Volcker] wants the nation’s banks to be prohibited from owning and trading risky securities, the very practice that got the biggest ones into deep trouble in 2008. And the administration is saying no, it will not separate commercial banking from investment operations." (New York Times, Wednesday) How ...
Posted in In brief on 21 October 2009
Stats: 1 views and No Comments "[Former Fed chairman Paul Volcker] wants the nation’s banks to be prohibited from owning and trading risky securities, the very practice that got the biggest ones into deep trouble in 2008. And the administration is saying no, it will not separate commercial banking from investment operations." (New York Times, Wednesday) How ...
Obama Administration Freezes out Chamber
Posted in In brief on 20 October 2009
Stats: 0 views and No Comments "The White House is moving aggressively to remove the U.S. Chamber of Commerce from its traditional Washington role as the chief representative for big business, the latest sign of a public feud ignited by disagreement over the administration's effort to overhaul the health-care system. Instead of working through the Chamber, ...
Posted in In brief on 20 October 2009
Stats: 0 views and No Comments "The White House is moving aggressively to remove the U.S. Chamber of Commerce from its traditional Washington role as the chief representative for big business, the latest sign of a public feud ignited by disagreement over the administration's effort to overhaul the health-care system. Instead of working through the Chamber, ...
Zero-Waste Recycling Coming into Vogue
Posted in In brief on 20 October 2009
Stats: 2 views and No Comments "Across the nation, an antigarbage strategy known as 'zero waste' is moving from the fringes to the mainstream, taking hold in school cafeterias, national parks, restaurants, stadiums and corporations. The movement is simple in concept if not always in execution: Produce less waste. Shun polystyrene foam containers or any other ...
Posted in In brief on 20 October 2009
Stats: 2 views and No Comments "Across the nation, an antigarbage strategy known as 'zero waste' is moving from the fringes to the mainstream, taking hold in school cafeterias, national parks, restaurants, stadiums and corporations. The movement is simple in concept if not always in execution: Produce less waste. Shun polystyrene foam containers or any other ...
Justice Department Changes Policy on Medical Marijuana
Posted in In brief on 20 October 2009
Stats: 2 views and No Comments "People who use marijuana for medical purposes and those who distribute it to them should not face federal prosecution, provided they act according to state law, the Justice Department said Monday in a directive with far-reaching political and legal implications." (New York Times, Tuesday) Medical marijuana strengthens government power, but the ...
Posted in In brief on 20 October 2009
Stats: 2 views and No Comments "People who use marijuana for medical purposes and those who distribute it to them should not face federal prosecution, provided they act according to state law, the Justice Department said Monday in a directive with far-reaching political and legal implications." (New York Times, Tuesday) Medical marijuana strengthens government power, but the ...
Guaranteed Mortgage Lending Goes on
Posted in In brief on 19 October 2009
Stats: 2 views and No Comments "So you thought easy-money mortgages with little or no down payment for people with bad credit was a thing of the past? Think again. You can get just such a loan today -- and it's guaranteed by the federal government. Loans insured by the Federal Housing Administration (FHA) have become ...
Posted in In brief on 19 October 2009
Stats: 2 views and No Comments "So you thought easy-money mortgages with little or no down payment for people with bad credit was a thing of the past? Think again. You can get just such a loan today -- and it's guaranteed by the federal government. Loans insured by the Federal Housing Administration (FHA) have become ...
