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It's Time to Break Up the Big Banks
Consider $2 billion lost on a bad bet, plus billions more as investors dumped the stock, a providential warning. When Jamie Dimon, the imperious head of JPMorgan Chase, revealed that the bank had lost so much on a derivatives trade gone bad, it was clear warning that, four years after blowing up the economy, the big banks are still playing with bombs. The Nation
Submitted 2 days ago

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Uncovering the Other ALECs
If Washington DC is the new Versailles, run by corporate overlords and their lobbyist-hired guns, then the 50 statehouses are its paternal twins. That is, while they look different in form, they share the same genetic function as avenues for the fulfillment of the corporate agenda. Truth-Out
Submitted 2 days ago

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Tea Party Takeover
For those who think Sen. Richard Lugar’s defeat was primarily attributable to running a weak campaign or for living outside of Indiana for decades, I’ve got one number in dissent: 38 percent. That’s the shockingly low percentage of the vote the six-term senator won this month, with a margin of defeat larger than any other senator in a primary over the past three decades. That’s a 2006 Rick Santorum-like loss, for a politician who had been accustomed to coasting to landslide victories. It suggests that even if Lugar had run a top-notch campaign, he would have been susceptible to forces outside of his control: a Republican electorate looking for new faces and more-outspoken conservative leadership. National Journal
Submitted 2 days ago

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Alabama Senate OKs Revisions to Immigration Bill
The Alabama Senate on Wednesday morning this morning approved revisions to its controversial immigration law, HB 56, which had propelled the state into the middle of an already-heated debate over illegal immigration. The revisions come amid scrutiny over the legislation that some say has forced Hispanics to withdraw in fear, causing severe consequences across the state’s economy and schools. The Nation
Submitted 2 days ago

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Tensions Rising Between DeMint, GOP Leadership
Republican Sen. Mike Johanns has a message for his GOP colleague Jim DeMint, R-S.C., and an outside group that spent big in Tuesday's Republican Senate primary in Johanns' home state of Nebraska: You don't know what you're doing. "I think you have to be very careful entering into the political fray in areas quite honestly you don't understand," Johanns said Wednesday when asked if there was a message for DeMint, whose Senate Conservatives Fund PAC spent $1.4 million in an failed effort on behalf of state Treasurer Don Stenberg in Tuesday's primary. National Journal
Submitted 2 days ago

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Republicans Seize Control of Senate Agenda to Force Budget Votes
Republicans are taking control of the Senate’s agenda in an attempt to embarrass Democrats for failing to adopt a budget this year. Taking advantage of an obscure Senate rule, Republicans today are forcing votes on their budget plans as well as on one modeled on President Barack Obama’s tax-and-spending request. Bloomberg
Submitted 2 days ago

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Alabama Gov. Bentley signs bigger beer container bill into law
BIRMINGHAM, Alabama -- Gov. Robert Bentley has signed the Gourmet Bottle Bill into law, paving the way for bigger bottles of beer to be produced and sold in the state. The Birmingham News
Submitted 2 days ago

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Fracking bill advances in N.C. legislature
The state’s debate over fracking resumed Wednesday with the advance of a bill that would legalize the natural gas mining method within two years in this state, giving agency officials until 2014 to come up with provisions to protect the public health and the environment. The bill, sponsored by Republican Sen. Bob Rucho of Mecklenburg County, is controversial even within the Republican-dominated legislature. It will compete for votes against a more moderate approach expected from Sen. Mitch Gillespie, a McDowell County Republican who favors greater public safeguards. News Observer
Submitted 2 days ago

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Lawmakers OK web portal for health care overhaul
LITTLE ROCK — A legislative panel today cleared the way for the state Department of Human Services to create a Web portal for collecting information from doctors as part of the state’s overhaul of its health care payment system. The Rules and Regulations Subcommittee of the Legislative Council gave a favorable review to a proposed rule calling for creation of the portal. The subcommittee’s action completes the legislative review process for the rule, which previously was reviewed by the House and Senate public health committees. Arkansas News Bureau
Submitted 2 days ago

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Gay prosecutor's rejection for judgeship lands Virginia back in spotlight


Richmond Times-Dispatch
Submitted 2 days ago

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Features & Opinion

 
OPINION
By Dennis Cuneo
 

Much has been written about the need to expand and diversify our energy base. With the recent spike in gasoline prices and the Iranian threat to disrupt global oil supplies, some are calling for the equivalent of a Manhattan Project to develop alternative energy sources. Others say that renewables are still too expensive and that we shouldn’t encourage them at the expense of fossil fuels. The highly publicized failure of Solyndra has called into question whether the federal government should continue the U.S. Department of Energy loan program, initiated under the Bush Administration, to provide funding for alternative energy projects. Supporters of the program say that without government funding, we risk ceding leadership of the alternative energy market to China.

 

 

 FEATURE  
By Glenn McCullough, Jr.
 
On February 9 the U.S. Nuclear Regulatory Commission did something it has not done in 34 years: approve a license (two in fact) to build two advanced nuclear reactors. For a consortium of utilities constructing two advanced nuclear reactors at Plant Vogtle on the Georgia-South Carolina border, this means major strides generating 2,200 megawatts of new electricity, enough for approximately one million homes and businesses.
 
 
FEATURE  
By Dan Juneau
 
National, state, and local business groups from around the country opposed the Patient Protection and Affordable Care Act (aka “ObamaCare”) when it was being debated in Congress last year.
Many trade association representatives (including this writer) went to Washington to express business community concerns about the legislation and to request votes against it. History records that the legislation (all 2700 pages of nearly incomprehensible jargon) was finally enacted on party line votes in both chambers and signed into law by President Obama.
 
 
by Mike Randle
 
The headline above is of a great song from the '70s. It was by The Outlaws and was recorded in 1975 (go straight to You Tube to listen to it and bring the entire staff into your C-suite and rock on). I was a student but more like the starting shortstop for the University of Tampa Spartans baseball team in 1975.
 


 

 


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