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Fed under fire as public anger mounts

Mon, 23 Nov 2009 00:00:00 -0800

Associated Press - By Tom Raum - Nov. 23 (News Analysis) - Suddenly the Federal Reserve is everybody's punching bag. Strip the Fed of its bank regulation powers, some in Congress are demanding. Get probing audits of its behind-the-scenes operations, others say. The chairman of the Federal Reserve Board is always fair game for criticism and second-guessing, usually over interest rate actions. But this year the criticism is much broader as Congress responds to widespread public anger that the Fed bailed out Wall Street but not ordinary Americans, and with unemployment in double digits.

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A Coming Food Crisis?

Mon, 23 Nov 2009 00:00:00 -0800

National Public Radio - By Daniel Costello - Nov. 23 (News Analysis) - After decades of decline, the number of undernourished people around the world has risen 20% since the middle of the last decade and the trend is expected to continue for many years even with a new global intervention.

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Is There Such a Thing as Agro-Imperialism?

Sun, 22 Nov 2009 00:00:00 -0800

New York Times - By Andrew Rice - Nov. 22 (Special Report) - Fearing food shortages, investors from wealthy countries are snapping up land in poor countries to grow food there. Is this development or exploitation?

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working-women-husbands-housework

Sun, 22 Nov 2009 00:00:00 -0800

The Guardian - By Amelia Hill - Nov. 22 (News Report) - If there is one thing on which many working mothers agree, it is that their partners do not pull their weight on the domestic front. But research to be published this week reveals that men are being unfairly accused and working women are advancing the

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Dislocated in America

Sat, 21 Nov 2009 00:00:00 -0800

St. Louis Post-Dispatch - Nov. 21 (Editorial) - What may be occurring is a seismic shift in the American economy, one that could leave as many as one in four Americans permanently unemployed or so drastically underemployed that he or she can’t make ends meet. That’s the situation today. The greatest economic crisis since the Great Depression has resulted in the greatest social dislocation since the Great Depression.

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How Stimulating

Sat, 21 Nov 2009 00:00:00 -0800

Washington Monthly - By Steve Benen - Nov. 21 (Comment) - Republican critics of the economic recovery efforts, when they're not taking credit for the money that's benefiting their state/district, take it as a given that the stimulus "failed." For the right, it's a foregone conclusion, hardly worth discussing anymore. The New York Times reminds us today that "dispassionate analysts" agree that a fair look at the stimulus package shows that it may be "messy" but it's also "working."

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Landrieu a 'yes,' all eyes on Lincoln

Sat, 21 Nov 2009 00:00:00 -0800

The Politico - By Carrie Budoff Brown,Jake Sherman - Nov. 21 -

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Study raises more doubts about cholesterol drugs Zetia, Vytorin

Sat, 21 Nov 2009 00:00:00 -0800

Seattle Times - By Lyndsey Layton - Nov. 21 (News Report) - A widely prescribed and expensive cholesterol drug does not unclog arteries as effectively as a modified version of Vitamin B3, a cheap alternative used to treat heart disease for decades, according to a new study.

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Whose Team Is It, Anyway?

Fri, 20 Nov 2009 00:00:00 -0800

The Nation - By Katha Pollitt - Nov. 20 (Opinion) - Pro-choice voters have been taking one for the team for too long now. Enough already.

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Easy Choices

Fri, 20 Nov 2009 00:00:00 -0800

OurFuture.org - By Terrance Heath - Nov. 20 (Opinion) - I'll say it again. Whether it's Sarah Palin's self-serving contradictions, or Democrats' and Republicans' cynical political compromises, in the realm of politics, the choices we make for others are the truly easy choices.

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Things Not to Be Thankful For - Silverdome, Goldman Sachs & Congressional Recess

Fri, 20 Nov 2009 00:00:00 -0800

Daily Show - By Jon Stewart - Nov. 20 (Comedy News) - Detroit sells its Silverdome for less than a one-bedroom apartment, Goldman Sachs reports huge profits, and three congressmen warn New Yorkers of terrorism.

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An American Catastrophe

Fri, 20 Nov 2009 00:00:00 -0800

New York Times - By Bob Herbert - Nov. 20 (Opinion) - Detroit and its environs are suffering the agonies of the economic damned because of policies, crafted at the highest national and corporate levels, that resulted in the implosion of crucially important components of America’s manufacturing base. Those decisions have had a profound effect on the fortunes not just of Detroit, or even Michigan, but the entire U.S. economy.

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Stupak Amendment Could End Abortion Coverage -- For Everyone

Thu, 19 Nov 2009 00:00:00 -0800

AlterNet - By Daniela Perdomo - Nov. 19 (Opinion) - there is more bad news for women: a George Washington University study released this week indicates that the Stupak amendment could have serious implications for industry-wide coverage of medically-indicated abortions.

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Danger lies in threat to Fed independence

Thu, 19 Nov 2009 00:00:00 -0800

Washington Post - By Alan Blinder - Nov. 19 (Special Report) - H.R. 1207 seems innocuous enough. The overall question it raises sounds fair: After all, why should the Fed be immune from audit?

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Tax credits eyed for solar energy firms amid Obama’s push for ‘green jobs’

Thu, 19 Nov 2009 00:00:00 -0800

The Hill - By Ben Geman - Nov. 19 (News Report) - Solar energy companies are lobbying for new tax credits for domestic manufacturers that would come on top of subsidies included in the $787 billion stimulus package enacted earlier this year. Solar energy companies are lobbying for new tax credits for domestic manufacturers that would come on top of subsidies included in the $787 billion stimulus package enacted earlier this year.

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World on course for catastrophic 6 degree C rise, reveal scientists

Wed, 18 Nov 2009 00:00:00 -0800

The Independent - By Steve Connor, Michael McCarthy - Nov. 18 (News Report) - The world is now firmly on course for the worst-case scenario in terms of climate change, with average global temperatures rising by up to 6C by the end of the century, leading scientists said yesterday. Such a rise – which would be much higher nearer the poles – would have cataclysmic and irreversible consequences for the Earth, making large parts of the planet uninhabitable and threatening the basis of human civilisation.

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Report: More Americans going hungry

Tue, 17 Nov 2009 00:00:00 -0800

Washington Post - By Amy Goldstein - Nov. 17 (News Report) - The number of Americans who lack dependable access to adequate food shot up last year to 49 million, the largest number since the government has been keeping track, according to a government report released Monday that shows particularly steep increases in food scarcity among families with children.

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Colbert Destroys R.I. Governor For Denying Gay Couples Death Rights (VIDEO)

Tue, 17 Nov 2009 00:00:00 -0800

Colbert Report - By Stephen Colbert - Nov. 17 (Comedy News) - Rhode Island Governor Don Carcieri vetoed legislation last week that would give same-sex couples the rights to claim the bodies of and make funeral arrangements for their deceased partners. He said such legislation was a "disturbing trend" signifying the erosion of traditional marriage.

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Eating A Deep Fried Fish That's Still Alive (VIDEO)

Tue, 17 Nov 2009 16:57:12 -0800

Huffington Post - Nov. 17 (Not sure) - Eating "rare" delicacies just got to a new level. In China, chefs have figured out a way to keep a fish alive as it gets deep fried and then waits to be eaten. Below is the shocking video of a deep-fried fish that's still living and moving on a plate. Warning, this may be too graphic for some readers.

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GM Plans to Repay U.S. Loan

Mon, 16 Nov 2009 00:00:00 -0800

Wall Street Journal - By John D. Stoll - Nov. 16 (News Report) - General Motors Co. plans to begin paying back a $6.7 billion loan it owes the U.S. government starting late this year, putting it on track to potentially repay the entire note by the middle of 2011, said a person familiar with the matter. But in a move that could be controversial and risky, the car maker plans to use other money it received from the government to pay back the borrowing.

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Largest gay newspaper publisher in US shuts down | Media

Mon, 16 Nov 2009 00:00:00 -0800

Associated Press - By Associated Press - Nov. 16 (News) - Move by Window Media LLC has led to closure of publications in Atlanta, Houston and Washington

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Health bill reduces senior benefits, according to report

Sun, 15 Nov 2009 00:00:00 -0800

Seattle Times - By Lori Montgomery - Nov. 15 (News Report) - A plan to slash more than $500 billion from future Medicare spending — one of the biggest sources of funding for President Obama's proposed overhaul of the nation's health-care system — would sharply reduce benefits for some senior citizens and could jeopardize access to care for millions of others, according to a government evaluation released Saturday.

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Fair Game - A Big Tax Refund for Home Builders

Sun, 15 Nov 2009 00:00:00 -0800

New York Times - By Gretchen Morgenson - Nov. 15 (News Analysis) - ON Nov. 6, President Obama signed the Worker, Homeownership and Business Assistance Act of 2009 into law, extending unemployment benefits by 20 weeks and renewing the first-time homebuyer tax credit until next April.

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CIA says it gets its money's worth from Pakistani spy agency

Sun, 15 Nov 2009 00:00:00 -0800

Los Angeles Times - By Greg Miller - Nov. 15 (News Report) - The CIA has funneled hundreds of millions of dollars to Pakistan's intelligence service since the Sept. 11 attacks, accounting for as much as one-third of the foreign spy agency's annual budget, current and former U.S. officials say.

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Phthalate exposure linked to less-masculine play by boys

Sun, 15 Nov 2009 00:00:00 -0800

Science Daily - Nov. 15 (News Report) - A study of 145 preschool children reports, for the first time, that when the concentrations of two common phthalates in mothers' prenatal urine are elevated their sons are less likely to play with male-typical toys and games, such as trucks and play fighting.

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