Tag: unemployment

December 3, 2013 0

Lesson for Union Dinosaurs: Detroit Bankruptcy Judge Rules Public Pensions Haircuts OK; Unions Whine City Got "Absolutely Everything"

By News Desk

Yahoo!Finance reports Judge says Detroit Eligible for Bankruptcy Detroit is eligible to shed billions in debt in the largest public bankruptcy in U.S. history, a judge said Tuesday in a long-awaited decision that now shifts the case toward how the city will accomplish that task. Judge Steven Rhodes turned down objections from unions, pension funds and retirees, which, like other creditors, could lose under any plan to solve $18 billion in long-term liabilities

December 2, 2013 0

Obamacare will Work Really Well By 2017, Promise! Website Unstable but Fixed for Vast Majority (Defined as 80%)

By News Desk

ABC News reports White House Declares Obamacare Website Fixed, But Problems Persist Two months after the troubled launch of its signature health care initiative, the Obama administration on Sunday announced that its online insurance marketplace now functions smoothly for the “vast majority†of consumers seeking to shop for and enroll in coverage. Today “is not a magic moment but a process of continual improvement over time,†said Julie Bataille, communications director for the Centers for Medicare and Medicaid Services, which manages the website