The Minneapolis city attorney's office has decided to pay seven zombies and their attorney $165,000.
Kudos, Randy Furst of the Star Tribune.
The Minneapolis city attorney's office has decided to pay seven zombies and their attorney $165,000.
New U.S. claims for unemployment benefits unexpectedly climbed to a nine-month high last week, yet another setback to the frail economic recovery.
Nearly half (48%) of U.S. voters continue to believe that an abortion is too easy to obtain in this country, according to a new Rasmussen Reports national telephone survey.
Fifteen percent (15%) say it’s too hard to get an abortion in America, and 23% think the level of difficulty is about right. Fourteen percent (14%) are not sure.
This is in line with findings on this question in surveys for over four years now.
"Women (53%) feel more strongly than men (42%) that abortions are too easy to get...58% of women believe that abortion is morally wrong in most cases, compared to 49% of men.
We find the president’s claim to be mostly false.
■Few if any Republicans now in Congress have ever pushed for total "privatization" of Social Security. What President Bush proposed in 2005 was to allow workers under the age of 55 to invest a portion of their Social Security taxes in private accounts. Most of their taxes would have continued to go into traditional Social Security.
■Bush’s proposal to create private accounts had so little Republican support in 2005 — when the GOP controlled both the House and Senate — that it was never introduced as formal legislation. We’ve seen no evidence to suggest the idea is any more popular among Republicans now.
■Only one Republican "leader" is currently pushing publicly for Bush-style private accounts, as part of an overall budget plan. He is Rep. Paul Ryan of Wisconsin, the senior GOP member of the House Budget Committee. His plan currently has only 13 cosponsors, none of them in the GOP House leadership.
The well-to-do appear unusually sensitive to changes in their finances, probably because their nest eggs are significantly smaller with the drop in stock and housing prices. Only the top 3 percent of households would have to pay higher taxes if the president got his way, but this rarefied group currently accounts for a fourth of consumer spending. If they pull back, even a bit, the recovery could be derailed.
Successful small-business owners, who power the nation’s job-creation machinery, make up one-third of these high-income taxpayers. They have set up their businesses so that their profits are taxed at personal rates. Raising marginal tax rates, even a little, on those who have suffered during the past several years would be a mistake.
Past experience with fiscal austerity at home and overseas strongly suggests that it is best for the economy’s long-run performance to restrain government spending rather than raise taxes, but taxes must also be part of our national debate.
In this recession, the government has necessarily made a string of momentous economic policy decisions. Some have worked well; others have been a disaster. We can’t afford any more mistakes.
Paychecks from private business shrank to their smallest share of personal income in U.S. history during the first quarter of this year, a USA TODAY analysis of government data finds.
At the same time, government-provided benefits — from Social Security, unemployment insurance, food stamps and other programs — rose to a record high during the first three months of 2010.
Those records reflect a long-term trend accelerated by the recession and the federal stimulus program to counteract the downturn. The result is a major shift in the source of personal income from private wages to government programs.
The trend is not sustainable, says University of Michigan economist Donald Grimes...
...The shift in incomeshows that the federal government's stimulus efforts have been effective, says Paul Van de Water, an economist at the liberal Center on Budget and Policy Priorities.
"It's the system working as it should," Van de Water says. Government is stimulating growth and helping people in need, he says. As the economy recovers, private wages will rebound, he says.
Economist Veronique de Rugy of the free-market Mercatus Center at George Mason University says the riots in Greece over cutting benefits to close a huge budget deficit are a warning about unsustainable income programs.
Economist David Henderson of the conservative Hoover Institution says a shift from private wages to government benefits saps the economy of dynamism. "People are paid for being rather than for producing," he says.
US President Barack Obama lamented Sunday that in the iPad and Xbox era, information had become a diversion that was imposing new strains on democracy, in his latest critique of modern media...
..."You're coming of age in a 24/7 media environment that bombards us with all kinds of content and exposes us to all kinds of arguments, some of which don't always rank all that high on the truth meter," Obama said at Hampton University, Virginia...
...He bemoaned the fact that "some of the craziest claims can quickly claim traction," in the clamor of certain blogs and talk radio outlets.
"All of this is not only putting new pressures on you, it is putting new pressures on our country and on our democracy."
Venezuela's President Hugo Chavez, who is criticized by media freedom groups, called on Saturday for regulation of the Internet and singled out a website that he said falsely reported the murder of one of his ministers.
"The Internet cannot be something open where anything is said and done. Every country has to apply its own rules and norms," Chavez said...
...Social networking web sites like Twitter and Facebook are very popular among Venezuela's opposition movements to organize protests against the government. Chavez has complained that people use such sites to spread unfounded rumors...
If Momma ain't happy, ain't nobody happy. And if you've been to a tea party, you know Momma ain't happy at all.
Forget "angry white men." In the male-dominated world of conservative politics, the tea party stands out as a movement of energized and organized women. In particular, moms...
...a recent Quinnipiac poll of voters found a majority of tea party supporters—55%—are women. To put that in perspective, only 48% of women voted for George W. Bush in 2004. And just two years ago, President Obama won 56% of the female vote...
...When I asked Christen Varley, the Boston tea party leader, she said it's because moms tend to be "the CEO's of our households. We do the shopping, bill paying, budgeting, etc. We know less money means less freedom. Maybe if the president and Congress did the grocery shopping, they'd know why we're mad."
Dana Loesch, talk host and co-founder of the St. Louis tea party, believes the tea party movement is the modern conservative version of "the personal is political."
"Motherhood itself has become a political act," says Ms. Loesch. "And the tea parties are an extension of our need as moms to protect the future for our children."
Congress didn’t learn their lesson after the $700 billion failed bank bailout and let world leaders shake down U.S taxpayers for international bailout money at the G-20 conference in April 2009. G-20 Finance Ministers and Central Bank Governors asked the United States, the IMF’s largest contributor, for a whopping $108 billion to rescue bankers around the world and the Obama Administration quickly obliged.
Rather than pass it as stand-alone legislation, President Obama asked Congress to fold the $108 billion into a war-spending bill to send money to our troops...
...Right now, 17 percent of the IMF funding pool that the $40 billion bailout is being drawn from comes from U.S. taxpayers. If that ratio holds true, that means American taxpayers are paying for $6.8 billion of the Greek bailout. Although the $108 billion extra that Congress approved for the IMF in 2009 hasn’t yet gone into effect, you can bet that once it does Greek bankers will come to the IMF again with their hat in hand. And, if other European Union countries see free money up for grabs they could ask the IMF for bailouts when they get into trouble, too. If we’ve learned anything from the Wall Street bailouts it’s that just one bailout is never enough.
To hide the bailout from Americans already angry with the $700 billion bank bailout, Congress classified it as an “expanded credit line.” The Congressional Budget Office only scored it as $5 billion because IMF agreed to give the United States a promissory note for the rest of the bill...
...Of course, money isn’t free and there are member nations of the IMF that won’t be in a hurry to pay it back. Three state sponsors of terrorism, Iran, Syria and Sudan, are a part of the IMF. Iran participates in the IMF’s day-to-day activities as a member of its executive board.
If the failed bank bailout and stimulus bill wasn’t enough to prove to Americans the kind of misguided, destructive spending that goes on in Washington this will: The Democrat Congress, aided by a few Republicans, used a war spending bill to send bailout money to an international fund that’s partially-controlled by our enemies.
Don’t talk to aliens, warns Stephen HawkingThe aliens are out there and Earth had better watch out, at least according to Stephen Hawking. He has suggested that extraterrestrials are almost certain to exist — but that instead of seeking them out, humanity should be doing all it that can to avoid any contact...
...Such scenes are speculative, but Hawking uses them to lead on to a serious point: that a few life forms could be intelligent and pose a threat. Hawking believes that contact with such a species could be devastating for humanity.
He suggests that aliens might simply raid Earth for its resources and then move on: “We only have to look at ourselves to see how intelligent life might develop into something we wouldn’t want to meet. I imagine they might exist in massive ships, having used up all the resources from their home planet. Such advanced aliens would perhaps become nomads, looking to conquer and colonise whatever planets they can reach.”