The Federal Reserve Bank of New York’s recent data on college graduates has been a gift that keeps on giving. The plethora of information has provided great insight into the millennial generation’s current economic predicament. In their most recent report, Jaison Abel and Richard Dietz of the New York Fed found that only 27 percent [...]
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On Tuesday, a “sinkhole” suddenly sank in Washington D.C. three blocks from the White House. Not a metaphor, but a massive hole in the road as “long as a Ford Explorer,” double the width of a train car and 17 feet deep. The asphalt eroded around a metal plate covering potholes in the street and [...]
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The upcoming Trans-Pacific Partnership (TPP) agreement is using a process that is rigged from the start. It is not being negotiated by governments for the benefit of their people, it is being negotiated by executives (or future executives/lobbyists currently in government) largely for the benefit of the giant corporations they serve. The process has these [...]
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As I noted in my previous post, even before the winds died down in his home state, Oklahoma Republican Sen. Tom Coburn insisted that additional disaster relief approved by Congress must be “paid for” by cuts elsewhere in the federal budget. Coburn even defended his insistence on further slashing the federal budget to pay for [...]
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Anyone who thinks education is the “civil rights issue of our time” needs to look at what’s going on in Chicago. In three days of protests over the weekend and lapping into Monday, people who look like they would be involved in a civil rights cause – mostly African-American and Latino/a teachers, parents, and students, [...]
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Did you know that Apple Computer has become a foreign entity? Did you know that it’s more Irish than anything else, at least as far as taxes are concerned? Or that it pays very little in income tax, even though its products wouldn’t exist if it not for U.S. taxes? Apple products were designed in [...]
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President Obama has promised Oklahoma “everything that it needs right away” to begin the process of recovering and rebuilding, after the massive tornado touched down in the state on Monday, devastating the cities of Monroe and Newcastle. Already hundreds of Federal Emergency Management Association employees are the ground in Oklahoma, and millions of dollars in [...]
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Yes, they're already on it. I wrote about this building pseudo-scandal the other day, and it appears it's gaining steam. I noticed that on Fox yesterday it came up several times as "yet another case of the Obama administration shaking down private industry." When I first read about it, the suggestion was that Health and Human Services Secretary Kathleen Sebelius was appealing to insurance companies rather than trying to find corporate sponsors for the purpose of educating the public about Obamacare, which is slightly different, but still not particularly scandalous.
After all, if the congress would agree to fund the outreach as any sane government would do for a big new government program, this wouldn't be necessary. But naturally, they are trying to make it fail so they don't want the public to be informed of what the new benefits are and what they need to do to get enrolled in insurance and obtain the subsidies.
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