User: newstrust Topic: Business
Category: Finance :: Financial Regulation
Last updated: Feb 21 2017 07:42 IST RSS 2.0
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AP Exclusive: Energy loan watchdog an Obama donor 23.8.2012 AP Politics
WASHINGTON (AP) -- A veteran Wall Street executive who performed an independent review that exonerated the Obama administration's program of loans to energy companies contributed $52,500 to re-elect President Barack Obama in the months since completing his work, according to an Associated Press review of campaign records. The executive defended the integrity of his conclusions and said he decided to donate to Obama after his work was finished....
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Ties to Obama Aided in Access for Exelon Corporation 23.8.2012 NY Times: Washington
The Illinois-based energy producer Exelon Corporation has sometimes benefited from close ties with the Obama administration.

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Penobscots sue state over river jurisdiction 23.8.2012 Boston Globe: Maine
Penobscots sue state over river jurisdiction
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Obama Supports Traffic Congestion 22.8.2012 Red State
Through Obama’s truculent special interest campaign of division and derision, he is rapidly exhausting his check list of demographic groups. He’s already targeted women, Hispanics, gays, blue collar workers, and all sorts of minorities. Now he is going after the ‘commuter vote’ in northern Virginia. Politico is reporting that Obama is up with a 60-second radio spot in northern Virginia claiming that Paul Ryan’s budget will exacerbate the traffic problems in the sprawling D.C suburbs: The 60-second radio bit imitates a local traffic report and targets congested routes oft-cursed by northern Virginians: Interstates 395 and 66. The area is part of the sprawling D.C. region and consistently rated as having some of the nation’s worst traffic. “Could things get any worse?” the faux anchor asks of another broadcaster, who replies, “Paul Ryan put forward a budget plan that slashes investments in road and infrastructure projects.” The two then agree that the Ryan’s “budget plan devastates ...
Biden: Wall St. reform critics 'squealing pigs' 22.8.2012 Post-Bulletin: Local Politics

MINNEAPOLIS — Vice President Joe Biden, who will be in Florida next week during the Republican National Convention, on Tuesday compared GOP critics of the Obama administration's Wall Street reforms to "squealing pigs."

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Drumbeat: August 22, 2012 22.8.2012 The Oil Drum
The Demise of the Car : Doomed by escalating oil and infrastructure costs In the same way that Western economies have shed enormous tranches of oil demand so that emerging markets could increase their oil consumption, automobile transport is now either stagnating or in outright decline outside of China. You cannot have a growing automobile industry in the United States when American oil demand is down over 12% since 2005. And you cannot have a growing auto industry in Europe when EU oil demand has shed over a million and half barrels a day – another 10% decline. Europe’s declining oil demand is particularly significant, given that coming into the last decade, the EU was already a highly efficient user of oil. To have taken off even more demand in the past 5 years shows just how tough high oil prices have become in Europe. The result is nothing less than a devastation of Europe’s auto industry, which has already lost 800,000 jobs and looks ready to lose another 500,000 more according to recent ...
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Ryan’s Clash with Catholic Teachings 22.8.2012
Ryan’s Clash with Catholic Teachings
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US court overturns coal pollution ruling 22.8.2012 The Guardian -- World Latest
Columbia appeals court strikes down key Obama-administration rule requiring coal-fired power plants to cut emissions A US appeals court overturned a key Obama administration rule to reduce harmful emissions from coal-fired power plants on Tuesday. The Columbia district circuit appeals court said in a 2-1 decision that the Environmental Protection Agency had exceeded its mandate with the rule, which was to limit sulphur dioxide and nitrogen oxide emissions from power plants in 28 mostly eastern states and Texas. The court sent the cross-state air pollution rule for revision, telling the agency to administer its existing clean air interstate rule – the Bush-era regulation that it was updating – in the interim. The EPA said it was reviewing the ruling. The decision was cheered by Republicans who have made the EPA and President Barack Obama's environmental policies a major campaign issue ahead of November elections. The agency is risking a fragile economic recovery by saddling US ...
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Politics thwarted closure of immigration jail 22.8.2012 MSNBC
When federal agency ICE tried to shutter an immigration jail in Alabama, politics intervened. ...
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Rewriting Its Own Bad Obamacare Law 22.8.2012 American Spectator
President Barack Obama won big when Congress passed his health care bill. But the administration made a serious mistake and now is trying to rewrite the law. Without going to Congress, as required by the Constitution. The central feature of the misnamed Patient Protection and Affordable Care Act is the requirement that Americans buy health insurance, which Supreme Court Chief Justice John Roberts decided really wasn't a mandate in a bizarre opinion upholding the law. As important as that requirement are the exchanges through which people are supposed to purchase insurance. PPACA includes tax credits and subsidies so people can afford insurance made more expensive by a gaggle of new federal requirements. Congress didn't just decide that people have to buy insurance. People must purchase insurance as determined by Washington. Or, more accurately, the Health and Human Services bureaucracy, which is empowered to decide every Americans' coverage. However, Congress and the president tied federal ...
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Alaska sues to avoid federal oversight of elections 22.8.2012 Chicago Tribune: Nation
Alaska sues to avoid federal oversight of elections
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Biden: Wall St. reform critics 'squealing pigs' 22.8.2012 Star Tribune: Politics
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Biden: Wall Street reform critics 'squealing pigs' 22.8.2012 Post-Bulletin: Local Politics

MINNEAPOLIS — Vice President Joe Biden is defending the Obama administration's efforts to reform Wall Street — and comparing Republican critics of the law to "squealing pigs."

Biden told

Biden In Minneapolis: Wall St. Reform Critics ‘Squealing Pigs’ 22.8.2012 WCCO: National
(credit: CBS)Vice President Joe Biden is defending the Obama administration's efforts to reform Wall Street — and comparing Republican critics of the law to "squealing pigs."
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Court overturns border-crossing pollution rule 22.8.2012 Boston Globe: Latest
Court overturns border-crossing pollution rule
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U.S. Appeals Court Strikes Down Public Health Safeguards That Would Have Saved 34,000 Premature Deaths Each Year 22.8.2012 Think Progres
By Danielle Baussan and Jackie Weidman Today, the U.S. Court of Appeals struck down the Cross-State Air Pollution Rule (CSAPR), blocking limits to harmful air pollution.  The measure would have limited sulfur dioxide and nitrogen oxide pollution, the main ingredients of acid rain and smog. Each year, these regulations would prevent up to 34,000 premature [...]
Federal appeals court strikes down Obama air pollution rule 21.8.2012 Washington Post: Politics
The U.S. Court of Appeals for the District of Columbia Circuit overturned one of the Obama administration’s hallmark air quality rules Tuesday, ruling that the Environmental Protection Agency had overstepped its authority in curbing pollution from Midwest power plants too sharply. ...
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The GOP's Crazy Core 21.8.2012 American Prospect
The pragmatic Republican establishment (despite the Tea Party, there still is one) is frantic to jettison Representative Todd Akin’s toxic comments on conception and rape, and to quarantine the scientifically-challenged congressman. Much of the commentary has been about how Akin’s clumsiness connects to Republican vulnerability on other issues important to women. But this raises a larger question: Why is the Republican lunatic position politically toxic only on this particular issue? The Tea Party position, after all, has become (or already was) the “mainstream” Republican position on at least a dozen other issues—denying climate change, rejecting evolution, embracing bogus science on homosexuality, destroying regulation of palpable harm to consumers, defending the right of assassins to bring AK-47s to schools, and on and on. So why is this lunatic fringe position different from all other lunatic positions? Here are some conjectures: Almost everyone is a feminist on the subject of ...
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Bank employees to go on strike Aug 22-23 21.8.2012 New Kerala: Sports India
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Bits Blog: Former White House Cybersecurity Official Joins Start-Up 21.8.2012 NY Times: Business
Sameer Bhalotra, President Obama's former senior director of cybersecurity, is joining Impermium, a security start-up that wants to remove malware and spam from the social Web using "big data" analytical techniques. He is the latest cybersecurity expert to leave the public sector for a security start-up.

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