Hard hitting global and local news
Target Drops Healthcare Coverage for Part-Time Workers, Claims No Reduction in Hours; Thank Your Employer? Obamacare does not mandate healthcare coverage for part-time employees (defined as those working less than 30 hours a week)
From November 11, 2011, RPJr says : The Obama Administration has put off a decision on the Keystone XL pipeline until immediately after the 2012 election. At that point a newly elected Republican president will be able to quickly approve it or President Obama can do the same without concern for an upcoming election. Responding to enviro claims that rejecting the original Keystone application was a victory, RPJr continues: Let’s return to this February, 2013 and see if "victory" still smells as sweet — when plans re-emerge for crude oil flowing south, regardless of who wins the election.
Tweet (Could’ve sworn I blogged in the past that the Obama Admin had gone too far on the government surveillance, but can’t find it. Oh well.
See the article here: Highland Park Michigan Skids Towards Bankruptcy, Public Union Pensions to Blame as Usual; Fifth Third Bank…
French Banks Face €285 Bn Capital Shortfall, Germany €199 Bn, Spain €92 Bn; Mish French Fine Update At the risk of incurring another nonsensical fine for quoting someone on leverage and capital ratios of French banks, please consider European Banks Face $1 Trillion Gap Before Review . European banks have a capital shortfall of as much as 767 billion euros ($1 trillion) before the European Central Bank’s probe into the financial health of the region’s lenders, according to a study. French banks show the biggest gap of 285 billion euros, followed by German lenders with as much as 199 billion euros, Sascha Steffen of the European School of Management and Technology in Berlin and Viral Acharya at New York University said in their study dated Jan.
More: Bottom 5 States in Fiscal Condition: New Jersey, Connecticut, Illinois, Massachusetts, California
Originally posted here: Thailand: US-backed Regime Using Terrorism Against Occupy Bangkok Protesters
View article: US’ Creeping Front Against Thailand
Greece Will Default in May Without Another Bailout or Change in Terms Cash flow analysis shows Greece is in serious trouble again in spite of having a current account surplus. Specifically, Greece needs a change in payback terms or another bailout or it will default in August, if not May. I use the words "will default" imprecisely.
Via translation from La Vanguardia, please consider Bank Defaults Hit Record 13% in November . Delinquency ratio of banks, savings banks, cooperatives and credit institutions operating in Spain rose again in November to 13.08%, a level not seen since the data began to be collected, over 50 years