Hard hitting global and local news
On September 2, 2011, the Wall Street Journal chimed in with A French Banking Primer The effects of a system that ‘encourages excessive financial leverage’. By its own account, Credit Agricole’s tangible common equity is just 2.1% of its assets—which means its €1.6 trillion balance sheet is leveraged nearly 49-to-1.
Read this article: Gambling On No Healthcare Insurance: Is it a Good Deal? Here’s the Math; Obamashock! Work More, Get…
See original article: JPMorgan’s $13 Billion "No Admission of Wrongdoing" Settlement (and a $7 Billion Tax Deduction)
CNBC reports Obamacare bombshell: IT official says HealthCare.gov needs payment feature Another day, another big, bad black eye for HealthCare.gov. A crucial system for making payments to insurers from people who enroll in that federal Obamacare marketplace has yet to be built, a senior government IT official admitted Tuesday.
City of Elgin General Purpose Central School District 301 Elgin Community College Townships are responsible for roads in unincorporated areas but often provide these services at a much higher cost to taxpayers than municipal or county authorities. According to the Better Government Association: “In Cook County, the 20 townships have 280 miles of roads in unincorporated areas and the average ‘cost-per-mile’ to maintain them is $80,509 … In comparison, the average cost to eight north and northwestern Chicago suburbs was $16,030 per mile ..
More: No Money to Retire the New American Nightmare; Retirement at 80 the New Norm?
57,730 Washington State Obamacare Sign-Ups, 51,368 of Them for Medicaid; Obamashock Theory and Practice It is quite amazing as to what state and federal officials tout as Obamacare "success" stories. For example, in the state of Washington, of the 57,730 who have signed up, a whopping 51,368 were for "free" Medicaid services. Given that Medicaid is jointly funded by the state and federal government, this is bound to put a hole in the state budget
Portland Local News reports 18,000 applications, 0 enrolled . With all the problems facing the rollout of President Barack Obama’s health care overhaul, nowhere is the situation worse or more surprising than in Oregon, a progressive state that has enthusiastically embraced the federal law but has so far failed to enroll a single person in coverage through the state’s insurance exchange.
The cop outs are accumulating Japan could set a new 2020 emissions reductions target of 3.8% on 2005 levels, the Nikkei newspaper reports. It says Minister of the Environment Nobuteru Ishihara will announce the new goal at UN talks in Warsaw next month
Eli Rabett Eli Rabett Eli Rabett is a not quite failed professorial techno-bunny, a chair election from retirement, at a wanna be research university that has a lot to be proud of but has swallowed the Kool-Aid. The students are naive but great and the administrators vary day-to-day between homicidal and delusional