Hard hitting global and local news
Continued here: China’s 3rd Plenum Means Slower Growth; Australia’s "One Trick Pony" is Biggest Loser; What About Canada?
Tweet Delayed blogging here, but thought I’d call out an initiative to fund $20 million annually for a decade to create hydrogen fueling stations in California. This should create 100 new fueling stations – currently the state has nine that are open to the public. Maybe I’m being too skeptical, but electric vehicles have a huge leg up on hydrogen and still confront an enormous challenge getting an adequate infrastructure in place, so I have strong doubts about whether this will work
Error Over Quota This application is temporarily over its serving quota.
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