Articles of Interest
By NELSON D. SCHWARTZ - New York Times.
The American economy grew last quarter at its fastest rate in more than a decade, providing the strongest evidence to date that the recovery is finally gaining sustained power more than five years after it began.Read more »
Gov. Andrew M. Cuomo’s administration announced on Wednesday that it would ban hydraulic fracturing in New York State because of concerns over health risks, ending years of debate over a method of extracting natural gas.
Fracking, as it is known, was heavily promoted as a source of economic revival for depressed communities along New York’s border with Pennsylvania, and Mr. Cuomo had once been poised to embrace it.Read more »
Dodd-Frank Damaged in the Budget Bill
On Wall Street, 2010 was the year of “Obama rage,” in which financial tycoons went ballistic over the president’s suggestion that some bankers helped cause the financial crisis. They were also, of course, angry about the Dodd-Frank financial reform, which placed some limits on their wheeling and dealing.
The Masters of the Universe, it turns out, are a bunch of whiners. But they’re whiners with war chests, and now they’ve bought themselves a Congress.
Before I get to specifics, a word about the changing politics of high finance.Read more »
Charles M. Blow
Last week I spoke at a seminary and graduate school in New York about the protests following the grand jury decisions in the Michael Brown and Eric Garner cases.
It was invigorating and inspiring to be among so many young people with so much passion about social justice, young people beginning to feel their power as change agents and brimming to exercise it by disrupting the status quo.Read more »
By Jake Blumgart, Truthout | Report
Caledonia Spirits is a craft distillery nestled in the sparsely populated northeastern corner of Vermont. The company's founder, Todd Hardie, has tended honeybees for decades. He began the practice almost 50 years ago, when he was 12, and began dabbling in the practice on the family farm.
As a result, Caledonia Spirits' signature liquors, gin and vodka, contain a mellow undertone of honey: The company uses about 100 barrels a year, at 640 pounds a barrel (about six pounds of honey goes into each bottle of vodka).Read more »
Contributing Op-Ed Writer
We know President Obama wants a lasting deal on immigration, something to make taxes fairer, a little help from a caveman Congress on climate change. If he’s lucky, he might get some of the above. But one thing his worst opponents have never given him, and probably never will, is respect. R-E-S-P-E-C-T.Read more »
Last week we got an actually good employment report — arguably the first truly good report in a long time. The U.S. economy added well over 300,000 jobs; wages, which have been stagnant for far too long, picked up a bit. Other indicators, like the rate at which workers are quitting (a sign that they expect to find new jobs), continue to improve. We’re still nowhere near full employment, but getting there no longer seems like an impossible dream.Read more »
That's what the GOP senator who'll be taking control of the environment committee told me several years ago.
—David Corn on Tue. December 2, 2014 6:30 AM PDTRead more »