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Oklahoma Senators Jim Inhofe, Tom Coburn, Face Difficult Options On Disaster Relief

Tue, 21 May 2013 00:00:00 -0700

Huffington Post - By Christina Wilkie - May. 21 (News Analysis) - Sens. Jim Inhofe and Tom Coburn, both Republicans, are fiscal hawks who have repeatedly voted against funding disaster aid for other parts of the country. They also have opposed increased funding for the Federal Emergency Management Agency (FEMA), which administers federal disaster relief. Late last year, Inhofe and Coburn both backed a plan to slash disaster relief to victims of Hurricane Sandy. In a December press release, Coburn complained that the Sandy Relief bill contained "wasteful spending," and identified a series of items he objected to, including "$12.9 billion for future disaster mitigation activities and studies."

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Obama, Cameron Promote Trade Deal Granting Corporations Political Power

Mon, 13 May 2013 22:44:00 -0700

Huffington Post - By Zach Carter - May. 13 (News) - President Barack Obama and British Prime Minister David Cameron on Monday pledged to pursue a broad trade agreement between the U.S. and European Union, amid growing domestic unrest with the Obama administration's plans to include new political powers for corporations in the deal.

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Op-Ed Columnist: Bernanke, Blower of Bubbles?

Fri, 10 May 2013 00:00:00 -0700

New York Times - By Paul Krugman - May. 10 (Opinion) - Bubbles can be bad for your financial health — and bad for the health of the economy, too. The dot-com bubble of the late 1990s left behind many vacant buildings and many more failed dreams. When the housing bubble of the next decade burst, the result wa

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Atmospheric CO2 Concentrations Surpass 400 PPM Milestone In May 9 Daily Average

Fri, 10 May 2013 00:00:00 -0700

Huffington Post - By James Gerken - May. 10 (News Report) - The milestone, hit on May 9, may be symbolic, notes Climate Central, but manmade CO2 emissions from the burning of fossil fuels continue to rise, bringing greater atmospheric warming and exacerbating the effects of climate change

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Post Office Lost $1.9 Billion Over The Last 3 Months

Fri, 10 May 2013 00:00:00 -0700

Huffington Post - By Sam Hananel - May. 10 (News Report) - the Postal Service continues to lose money at a rapid pace due to a decline in mail volume and a congressional requirement that it make advance payments to cover expected health care costs for future retirees – something no other federal agency does.

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Deficit Reduction Is Seen by Economists as Impeding Recovery

Thu, 09 May 2013 00:00:00 -0700

New York Times - By Ackie Calmes, Jonathan Weisman - May. 09 (News Report) - After two years of stalemate on how to spur job creation and slash deficits, the consensus is that fiscal tightening has been a drag on economic recovery.

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Hospital Prices No Longer Secret As New Data Reveals Bewildering System, Staggering Cost Differences

Wed, 08 May 2013 00:00:00 -0700

Huffington Post - By Jeffrey Young,Chris Kirkham - May. 08 (News Report) - When a patient arrives at Bayonne Hospital Center in New Jersey requiring treatment for the respiratory ailment known as COPD, or chronic obstructive pulmonary disease, she faces an official price tag of $99,690. Less than 30 miles away in the Bronx, N.Y., the Lincoln Medical and Mental Health Center charges only $7,044 for the same treatment, according to a massive federal database of national health care costs made public on Wednesday.

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Colbert Mocks Right-Wing Conspiracy Theory That Government Is Buying Up Bullets (VIDEO)

Tue, 07 May 2013 00:00:00 -0700

Huffington Post - By Stephen Colbert - May. 07 (Comedy News) - Have you heard that the government is buying up billions of bullets in bulk so that when the feds inevitably go to war with the American citizenry, we'll be totally unarmed?

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Why Are These Turtles Turning Female?

Tue, 07 May 2013 00:00:00 -0700

Huffington Post - By Nick Visser - May. 07 (News Analysis) - If you're a male painted turtle, global warming might sound great at first: A new study suggests it will mean more females to mate with and fewer male rivals to fend off. But, as usual with climate change, every silver lining has a cloud. In this case, too many females could render the species incapable of reproducing by century's end.

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JOLTS Data Offer Depressing Snapshot Of Job Market

Tue, 07 May 2013 00:00:00 -0700

Huffington Post - By Mark Gongloff - May. 07 (News Report) - If it wasn't clear before, it's clear now: Employers just aren't hiring. The Bureau of Labor Statistics on Tuesday released its latest Job Openings And Labor Turnover Summary (JOLTS) , a less-famous read on the job market than Friday's jobs report . The

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Red-State Democrats Buck Obama On Social Security Cuts

Mon, 06 May 2013 00:00:00 -0700

Huffington Post - By Ryan Grim, Sabrina Siddiqui - May. 06 (News Report) - The majority of Senate Democrats running for reelection in 2014, including three running in red states, have broken with President Barack Obama and are opposing his effort to cut Social Security benefits, imperiling the austerity project kn

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Palisades Nuclear Power Plant Shut Down After Water Leaks Into Lake Michigan

Mon, 06 May 2013 00:00:00 -0700

Huffington Post - May. 06 (News) - Palisades Nuclear Power Plant in southwestern Michigan was taken offline Sunday after operators discovered a leak from a water tank. Although the tank has leaked twice in less than a year, officials say there is no immediate risk. "There is no impact on

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America Is One Bad Winter Away From A Food Disaster

Mon, 06 May 2013 00:00:00 -0700

Huffington Post - By Todd Woody - May. 06 (News Report) - Forget the plight of the polar bear for a moment and consider the coming collapse of the $30 billion honey bee economy in the US. Since 2006 honey bees responsible for pollinating more than 100 crops—from apples to zucchini—have been dying by the tens of millions.

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Let's Do It, Let's Repeal The Sequester!

Sat, 04 May 2013 00:00:00 -0700

Huffington Post - By Jason Linkins - May. 04 (Opinion) - the happiest thing going on in the political discourse is how the whole fiscal discussion seems to be changing from hack-dominance to, potentially, something more sensible. The catalyzing event seems to have been the work of America's greatest graduate student, Thomas Herndon, who was afforded the opportunity to analyze the data set of economists Carmen Reinhart and Kenneth Rogoff -- whose very famous study, which contends that there are debt/growth tipping points, had become the urtext of the global austerity movement -- and very quickly determined that it was riddled with errata and LOLs.

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We Decide How to Share Gains

Thu, 02 May 2013 00:00:00 -0700

Huffington Post - By Stan Sorscher - May. 02 (Opinion) - Multinational employers steadily move work offshore, and lay off thousands of workers. We've cut funding for education; student debt is over a trillion dollars. We've terminated pensions, weakened unions, made work more contingent and more precarious. Wal-Mart cuts hours to avoid paying for health care. Some elected officials demonize teachers, and public employees, and turn public opinion against any regular worker daring to hope for a higher standard of living. Globally, workplace insecurity and inequality are at historic levels.

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Somalia Famine Killed 133,000 Children Under The Age Of 5

Thu, 02 May 2013 00:00:00 -0700

Huffington Post - By Jason Straziuso - May. 02 (News Report) - A decision by extremist Islamic militants to ban delivery of food aid and a "normalization of crisis" that numbed international donors to unfolding disaster made south-central Somalia the most dangerous place in the world to be a child in 2011. The first in-depth study of famine deaths in Somalia in 2011 was released Thursday, and it estimates that 133,000 children under age 5 died, with child death rates approaching 20 percent in some communities.

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Reinhart, Rogoff Backing Furiously Away From Austerity Movement

Thu, 02 May 2013 00:00:00 -0700

Huffington Post - By Mark Gongloff - May. 02 (News Report) - Under steady attack after their seminal research was found to be riddled with errors, Harvard economists Carmen Reinhart and Kenneth Rogoff are making a show of backing away from the austerity that their research encouraged. They claim that their views on austerity have never changed, but the record tells a different story. They're still trying to have it both ways -- advocating for government belt-tightening while trying to avoid being seen as political.

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'Do Nothing F@#ktards' Just Fix The Cuts That Affects Them (VIDEO)

Wed, 01 May 2013 00:00:00 -0700

Huffington Post - By Jon Stewart - May. 01 (Comedy News) - In a show that focused largely on the sequester cuts, Jon opened with a segment on legislators coming together to fix the one problem that affects them... more specifically, their vacations.

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2 More Grad Students Claim To Find Another Flaw In Reinhart-Rogoff Research

Tue, 30 Apr 2013 00:00:00 -0700

Huffington Post - By Mark Gongloff - Apr. 30 (News Report) - Like Scooby-Doo villains, Carmen Reinhart and Kenneth Rogoff keep getting done in by meddling kids. First, University of Massachusetts-Amherst grad student Thomas Herndon shot holes in their influential research paper, "Growth In A Time Of Debt," by pointing out several mistakes and omissions the Harvard economists had made. Now, two PhD students at the University of Missouri-Kansas City have a new paper that they say finds another flaw in that same research.

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Millions In 'Ghost Money' Paid To Afghanistan President's Office, New York Times Reports

Mon, 29 Apr 2013 00:00:00 -0700

Huffington Post - Apr. 29 (News) - The so-called "ghost money" was meant to buy influence for the Central Intelligence Agency (CIA) but instead fuelled corruption and empowered warlords, undermining Washington's exit strategy from Afghanistan, the newspaper quoted U.S. officials as saying. "The biggest source of corruption in Afghanistan", one American official said, "was the United States."

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Something America and China Could Do Together

Mon, 29 Apr 2013 00:00:00 -0700

Huffington Post - Apr. 29 (Opinion) -

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Roundup, An Herbicide, Could Be Linked To Parkinson's, Cancer And Other Health Issues, Study Shows

Thu, 25 Apr 2013 00:00:00 -0700

Huffington Post - Apr. 25 (News) - residues enhance the damaging effects of other food-borne chemical residues and toxins in the environment to disrupt normal body functions and induce disease, according to the report, authored by Stephanie Seneff, a research scientist at the Massachusetts Institute of Technology, and Anthony Samsel, a retired science consultant from Arthur D. Little, Inc. Samsel is a former private environmental government contractor as well as a member of the Union of Concerned Scientists. "Negative impact on the body is insidious and manifests slowly over time as inflammation damages cellular systems throughout the body," the study says.

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Bangladesh Building Collapse: Fatalities Reported, Others Feared Trapped

Wed, 24 Apr 2013 00:00:00 -0700

Huffington Post - By Julhas Alam - Apr. 24 (Breaking News) - SAVAR, Bangladesh — Rescuers using floodlights worked into the night Wednesday to attempt to free dozens of people believed trapped under an eight-story building housing garment factories that collapsed near Bangladesh's capital, killing at least 87 people.

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Twitter Causes A Flash Crash, Highlighting Market's Structural Problems

Tue, 23 Apr 2013 00:00:00 -0700

Huffington Post - By Mark Gongloff - Apr. 23 (News) - You could say that this is a sign that high-frequency trading -- and the flash crashes that come with it -- aren't really such bad things. But these events are steadily chipping away at investor confidence in the markets. And the next crash might not be so easily shaken off. "It'll happen again," Saluzzi said. "It's a matter of when."

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Chris Nogy, Arkansas Republican, Floats Idea Of Shooting Lawmakers

Sun, 21 Apr 2013 20:01:00 -0700

Huffington Post - By The Huffington Post News Team - Apr. 21 (News Analysis) - Chris Nogy, the husband of a Republican Party official in Arkansas, suggested it was a shame that voters couldn't just threaten to shoot GOP state legislators who voted for the state's Medicaid expansion.

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