Father-son talks are always difficult, but it was time to teach my teenager about how things work. I dragged him to our local branch of Wells Fargo and opened a checking account with ATM card privileges and a savings account where he deposited his hard-earned umpiring cash. Having worked on Wall Street for 25 years, I stroked my chin and provided some sage advice: Checking accounts don’t pay interest, so keep your money in the savings account and just move it to checking when you need it. None other than Albert Einstein, I noted,
Rep. Sheila Jackson Lee (D-Texas) on Wednesday afternoon urged people to turn in their guns, arguing it would be an appropriate response to last week´s mass shooting in Newtown, Conn. "I would personally just say to those who are listening, maybe you want to turn in your guns," Jackson Lee said on the House floor. "Oh no, I´m not going to take your guns. But look at what Dick´s Sporting Goods did ... they wanted to be part of the solution and part of America." Dick´s Sporting Goods announced this week that it would stop selling and displaying guns
With President Barack Obama endorsing sweeping gun restrictions in the wake of the school shootings in Newtown, Connecticut, prices for handgun magazines are surging on EBay (EBAY) and semi-automatic rifles are sold out at many Wal-Mart Stores Inc. (WMT) locations. Wal-Mart, the world’s largest retailer, said yesterday that it would continue to sell guns, including rifles like the one used at Newtown, where 26 people, most of them children, were killed on Dec. 14. By contrast, Dick’s Sporting Goods Inc. (DKS) suspended sales of similar guns at its more than 500 stores.
Former Republican Nebraska Sen. Chuck Hagel may no longer be President Obama’s favored pick to run the Defense Department, sources told the Free Beacon. Hagel immediately drew a frosty reception from observers who criticized him for advocating in favor of direct unconditional talks with Iran and for backing sizable cuts to the defense budget. Those who have worked with Hagel and have an intimate knowledge of his managerial style also expressed concerns about his possible appointment.
It’s four days after Hurricane Sandy, and Cory Booker is speeding though Newark’s powerless neighborhoods in his “rolling bodega,” a Chevy Tahoe packed with blankets, diapers, water, and other supplies. At the Pennington Court housing project, the mayor, dressed in baggy jeans, hiking shoes, and a Fire Department windbreaker, reminds a few dozen residents to check on their elderly neighbors. If the lights don’t come on by nightfall, he says, he’ll send police protection. Then he hands out candy to the kids who missed Halloween, joking that he’s going to arrest a couple of the boys
This is the latest video about Musicorps, a program that gives (often very severely) wounded combat veterans the opportunity to play music. It’s the creation of a wunderkind in Washington DC named Arthur Bloom, a Juliard prodigy who has performed with some very famous musicians and written some very successful compositions, including movie scores. He took his profits and put them into Musicorps, which maybe, just maybe, is beginning to attract the attention it deserves. (Snip)There’s a substantial literature about the curative power of music, but mostly it’s about listening to music. Arthur Bloom knows more:
This is a leverage ploy, right? The House passes Plan B, Reid kills it in the Senate, and then Boehner gets to say, “We did what Democrats wanted by taxing millionaires and they still prefer to go over the cliff.” But … what if it doesn’t even pass the House? Then Democrats get to turn around and say that the GOP caucus won’t even agree to tax the rich when it’s their own Speaker asking them to do so. As of last night, per National Journal, GOP vote counters weren’t sure that Boehner had the votes.
Widespread ageism throughout the NHS means elderly cancer patients are sometimes being written off as "too old for treatment", doctors and nurses have admitted. About half of those surveyed in an ICM poll (48 percent) said they thought “stereotypes and assumptions” about older people were resulting in some patients not getting the best treatment for cancer. A similar proportion (45 percent) said they had dealt with a cancer patient who had been refused treatment on the grounds of age. And two-thirds (67 percent) said they had heard other health workers speaking to older cancer patients in a “condescending or
Mearl Justus, who served as sheriff of St. Clair County for three decades before resigning from the position last week, died Tuesday afternoon at Memorial Hospital in Belleville.(Snip)He started as a street cop in Cahokia and was police chief there for 20 years before serving as county sheriff. He had just resigned from the position on Tuesday, citing health issues. Mr. Justus rarely carried a gun, although it was said that he always had one within reach. He taught criminal justice classes and told his college students they would solve more crimes with a pen than a gun.
Disgraced ESPN talking head Rob Parker issued a full-on apology for his racially inflammatory remarks about Robert Griffin III that set off a media firestorm and earned him an indefinite suspension from the network. In his first public statement since questioning the Washington Redskins quarterback´s blackness on ESPN´s "First Take" last Thursday, Parker tweeted a mea culpa for failing to "understand how the issue of race in sports is a sensitive one and needs to be handled with great care." "The failure was in how I chose to discuss it on First Take,...
It may be the biggest insult since salsa made in New York City. Texas, long the nation’s oil capital, could get upstaged by California. That’s right, California. Enron’s prey-ground. Cap-and-trade fantasyland. Home of fossil-fuel-hating, electric-car-driving, green-dreamers. Last week, the U.S. Bureau of Land Management sold 15 leases for about 18,000 acres in California’s Monterey Shale, which stretches 200 miles south from San Francisco. The U.S. Energy Information Administration estimates the shale formation could hold 15.4 billion barrels of oil, which would be double the combined reserves
As families of victims of Friday’s Connecticut elementary school shooting grieved during another day of funerals, President Obama promised action on new gun-control proposals and tapped Vice President Joseph R. Biden to head up the White House’s efforts. Creating the Biden-led task force also is the first tangible action Mr. Obama has taken to grapple with the issue of gun violence in the aftermath of the massacre in Newtown, Conn., last week that claimed the lives of 20 schoolchildren and eight adults, including the suspected shooter. “The fact that this problem is complex can no longer be an excuse
Months before the massacre in Newtown, Conn., put the National Rifle Association on the defensive, the powerful gun rights group faced an unexpected problem. One of its most loyal Democratic friends in Congress was leading a rebellion against an NRA effort to hold Attorney General Eric H. Holder Jr. in contempt of Congress, a cause viewed by Democrats as a political sideshow that had nothing to do with gun rights. “This, my friends, is not a position I relish,” Rep. John D. Dingell (Mich.) wrote in an anguished letter urging fellow gun lovers to reject the NRA’s position.
It was a most audacious application of the Emanuel rule. “Never allow a crisis to go to waste,” Rahm Emanuel said when he was tapped to be President Obama’s chief of staff. Standing in the White House briefing room Wednesday afternoon, Obama observed that recommendation in unorthodox fashion, invoking the grade-school massacre in Newtown, Conn., to advance his agenda not just on gun control but on taxes, the debt limit, energy and immigration reform. “Goodness,” Obama said. “If there’s one thing we should have after this week, it should be a sense of perspective about what’s important.”
Technology giant Google has teamed up with the Israeli Antiquities Authority to create a fascinating online version of the 2,000 year-old Dead Sea Scrolls, which includes high resolution images of the Ten Commandments, which up to until now had been viewable by just five people. Israel Antiquities Authority DG Shuka Dorfman: “Only five conservators worldwide are authorised to handle the Dead Sea scrolls. As of today, everyone around the globe will be able to touch the scrolls on-screen.” Users of the website - www.deadseascrolls.org.il – will be able to look at and read the ancient scroll
Eastman Kodak once described the sale of 1,100 digital imaging patents as a windfall that could prop up and even save the beleaguered company. On Wednesday, the sale was finally announced, but instead of bringing as much as $2.6 billion as Kodak once predicted, the selling price was far short of that amount, at about $525 million. The buyer was a consortium that includes many of the world’s biggest technology firms, among them Apple, Google, Facebook and Samsung Electronics. Kodak officials said the sale was another step toward emerging from bankruptcy, and turning around a
In the immediate aftermath of Friday´s terrible tragedy in Connecticut, there have been the predictable calls to enact new gun control legislation. The usual proponents of additional restrictions on guns have filled the airwaves with calls for immediate legislative action. Sen. Diane Feinstein has promised to introduce a new "assault weapons" ban on the first day of the new Congress next year. But, there are three very big reasons to believe that, for all the rhetoric, nothing will come of this new push for gun control. 1. Biden Gun Violence Task Force
With President Obama’s announcement of a commission to study and recommend ways to reduce gun violence, the two most important Democrats in government — Obama and Senate Majority Leader Harry Reid — have both indicated a desire to slow the momentum toward gun control in the wake of the Newtown, Connecticut school shootings. The president’s decision to appoint a blue-ribbon panel — the classic Washington ploy to defuse and delay consideration of an issue — along with Reid’s inaction on the gun question will undoubtedly frustrate many in their party who want immediate action. Obama seemed to anticipate
The U.S. Patent and Trademark Office has rejected Apple Inc´s ´pinch-to-zoom´ patent in a preliminary ruling that Samsung Electronics Co Ltd argues supports its request for a new trial in the patent war against its rival. Apple scored a sweeping legal victory over its South Korean competitor in August when a U.S. jury found Samsung had copied critical features of the hugely popular iPhone and iPad and awarded Apple $1.05 billion in damages. The ´pinch-to-zoom´ patent, U.S. patent no. 7,844,915, was one of the patents contested at that trial. The jury ruled that Samsung
Washington - On Dec. 4, the Senate rejected the United Nations Convention on the Rights of Persons with Disabilities by a vote of 61 to 38, five short of the two-thirds majority needed for approval. Conservative Republicans had mischaracterized the treaty, which was intended to promote the rights of the disabled in other countries, as infringing on American sovereignty. But the treaty was also mishandled by the Obama administration, which has secured Senate approval of the fewest treaties in any four-year presidential term since World War II. It isn’t enough to blame Republican opposition
The State Department slammed former United Nations envoy John Bolton over his suggestion that Secretary of State Hillary Rodham Clinton falsely claimed a concussion to avoid a potentially embarrassing appearance before Congress to explain the deadly terrorist attack on the U.S. mission in Benghazi, Libya. In an appearance on Fox News, Bolton said that Clinton’s claim that she had fainted because of the flu, hitting her head and suffering a concussion, was what foreign service officers call a “diplomatic illness,” intended to free a diplomat from an unpleasant duty.
In the wake of a monstrous crime like a madman’s mass murder of defenseless women and children at the Newtown, Conn., elementary school, the nation’s attention is riveted on what could have been done to prevent such a massacre. Luckily, some years ago, two famed economists, William Landes at the University of Chicago and John Lott at Yale, conducted a massive study of multiple victim public shootings in the United States between 1977 and 1995 to see how various legal changes affected their frequency and death toll.
Technology has changed a lot in 15 years. It´s been nearly that long since the Federal Trade Commission has updated rules protecting kids’ online privacy. The Federal Trade Commission said Wednesday that it has given parents greater control over the information that online services collect from kids 12 and under. Read Jessica Guynn´s story on the issue here. Among the changes to the 1998 Children’s Online Privacy Protection Act: The FTC updated rules for mobile apps and made it clear that a child’s location, photographs and videos cannot be collected without a parent’s permission.
The theory that Adam Lanza targeted an elementary school in Newtown, Conn., because his mother was going to have him committed was quickly disputed Tuesday. (Snip)Richard Flashman, a pastor at Beacon Hill Evangelical Free Church in nearby Monroe, was forced to put out a statement after his son told FoxNews.com that Lanza’s mother, Nancy, wanted to put him in a psychiatric facility. “I’ve just spoken to Josh,” Flashman said of his son, according to The Journal News. “As the Fox News article indicates, the information Josh spoke to them about was hearsay and not confirmed. I suggest
ANCHORAGE, Alaska — The Interior Department´s plan for managing a vast petroleum reserve on Alaska´s North Slope calls for a roughly 50-50 split between conservation and oil development plus accommodation for a pipeline that could carry offshore Arctic Ocean oil to the trans-Alaska pipeline. Interior Secretary Ken Salazar on Wednesday announced that the plan will allow for development of nearly 12 million acres within the 23 million-acre National Petroleum Reserve-Alaska, an area roughly the size of Indiana.