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Tag Archives | economy

Judge Charges Federal Government with “Bad Faith,” Legalizes Plan B Over-the-Counter for All Ages

A federal judge ruled Friday that the government must make the most common morning-after pill available over the counter for all ages, instead of requiring a prescription for girls 16 and younger. In his ruling, he also accused the federal government of “bad faith” in dealing with the requests to make the pill universally available, [...]

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Obama’s Budget, Pelosi, and Cuts to Social Security

The arithmetic on the chained CPI is straightforward. It reduces benefits by an amount that increases 0.3 percentage points each year a person is retired. This means that after 10 years the reduction in the annual benefit would be 3.0 percent, after 20 years the reduction would be 6.0 percent, and after 30 years the [...]

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Susan Patton Revives “MRS. Degree” for Princeton Female Students

Visit NBCNews.com for breaking news, world news, and news about the economy “Here’s what nobody is telling you: Find a husband on campus before you graduate. Yes, I went there.” – Susan Patton’s Marriage Advice for College Women THERE ARE way too many well-educated, well-meaning professional women these days giving relationship advice that simply don’t [...]

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The Trans-Pacific Partnership Secretive Negotiations [VIDEO]

Last June leaks from the Trans-Pacific Partnership (TPP) negotiations revealed that Pres. Obama Supports What Candidate Obama Opposed, or as Public Citizen , put it: “After Two Years of Closed-Door Negotiations, Trans-Pacific Partnership Text Replicates Alarming Bush Trade Pact Terms That Obama Opposed as Candidate, and Worse.” The negotiations continued, with great secrecy, but there [...]

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Reagan Budget Chief: George W. Bush “Bankrupting the Nation” through Two “Unfinanced Wars”

This dynamic reinforced the Reaganite shibboleth that “deficits don’t matter” and the fact that nearly $5 trillion of the nation’s $12 trillion in “publicly held” debt is actually sequestered in the vaults of central banks. The destruction of fiscal rectitude under Ronald Reagan — one reason I resigned as his budget chief in 1985 — [...]

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News Desk: Big Victory for Liberals and Labor in New York

New York City is poised to mandate that thousands of companies provide paid time off for sick employees, bolstering a national movement that has been resisted by wary business leaders. [New York Times] BILL LIPTON and “a raw display of political muscle by a coalition of labor unions and liberal activists,” as the Times described [...]

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Hillary Clinton’s Political Reemergence, Set to Speak at Vital Voices Global Leadership Awards

Philippe Reines, a Clinton spokesman, said Clinton’s appearance at the awards event next week would mark her first public speaking event since leaving the State Department. Clinton was scheduled to present an award to Melanne Verveer, a longtime friend who served under Clinton as the first U.S. ambassador at-large for women’s issues. [Associated Press] AND [...]

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Paul Who? The “Anti-Palin” Fades

THIS IS a classic. Where’s Paul Ryan? Disappeared! Oh, but it’s all on his choosing… or maybe not. He’s very busy behind the scenes, which in politics doesn’t mean much if you’re not getting good publicity. From Politico’s Jonathan Martin: He seems to have fallen entirely off the radar of early state Republicans. Democrats bring [...]

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Senate Passes Non-Binding “Budget” in “Vote-a-Rama” and Amendment-palooza

On Friday, however, Senate Democrats stood up and voted for almost a trillion dollars more in tax hikes — and that’s on top of the tax hikes in the fiscal cliff deal. That’s about $375 billion more in tax increases than even Obama has been asking for lately. Republicans always said Senate Democrats needed to [...]

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Cyprus Big Bank to Give “Haircut” to Large Depositors

WHAT AN odd way to phrase stealing people’s money. Desperate times. Desperate measures. Reuters: Depositors in Bank of Cyprus stand to lose 30 percent on their holdings over and above 100,000 euros, the chairman of the island’s parliamentary finance committee has said. “I haven’t heard a formal announcement about the haircut, but this is the [...]

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Feature — Bailing and Wailing Versus Leaning In, It’s a Global Women’s Issue

So let’s put aside the psychological and cultural barriers to women’s success for a moment, and get real: this is equally about the economics. Don’t just lean in, save up (for the hired help). – The True Cost of Leaning In ANOTHER DAY, another lame case against “having it all.” Never mind that this was [...]

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Fortune on J.P. Morgan CEO Jamie Dimon: “It’s always the cover-up that will get you”

The Senate Permanent Subcommittee on Investigations issued a scathing bi-partisan report last night. Fifty of the 300 pages of the report were devoted to a section entitled “misinforming investors, regulators and the public” in which Dimon was front and center. [...] But the report, citing Rules 10b-5 and Section 17(a) of the Securities Act of [...]

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Congressional Progressive Caucus Unveil “Back to Work” Budget *Updated*

WHILE EVERYONE is listening to the squealing talking heads on morning cable, none of whom know much about what a real budget looks like that doesn’t channel the disastrous notion of austerity, House progressives showed the Democratic party, the White House, and everyone else in Washington, how it’s done. You can read the Progressive Congressional [...]

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What Critics of Sheryl Sandberg are Missing: Norma Rae, Lily Ledbetter Heroism

“Norma Rae is a survivor and for the first time in her life she’s got a chance to become something more… a winner.” – Promo for “Norma Rae” CRITICS like Anne-Marie Slaughter, but especially Maureen I-Love-My-Pearls Dowd, and others [most of whom didn't read the book or do their homework] who are blaming Sheryl Sandberg [...]

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Paul Ryan Austerity a Good Target for Democrats

Second, health care. Our budget repeals the president’s health-care law and replaces it with patient-centered reforms. It also protects and strengthens Medicare. I want Medicare to be there for my kids—just as it’s there for my mom today. But Medicare is going broke. Under our proposal, those in or near retirement will see no changes, [...]

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