WASHINGTON, DC–(ENEWSPF)–November 3, 2011. Mary Kay Henry, President of the Service Employees International Union (SEIU), issued the following statement after the U.S. Senate failed to break a filibuster which prevented the “Rebuild America Jobs Act” from coming up for an up or down vote: “As our nation’s infrastructure falls apart[Read More…]
Opinion
Study: Voluntary Disclosures About Hedge Fund Performance are ‘Reliably Unreliable’
United Kingdom–(ENEWSPF)–3 November 2011. New research by Oxford University and Duke University suggests that voluntary disclosures by hedge funds about their monthly investment performance are unreliable. The researchers tracked changes to statements of historical performance of over 18,000 hedge funds recorded in publicly available hedge fund databases, at different points[Read More…]
Corporate Taxpayers and Corporate Tax Dodgers, 2008-2010
Washington, DC—(ENEWSPF)—November 3, 2011. A comprehensive new study that profiles 280 of America’s most profitable companies finds that 78 of them paid no federal income tax in at least one of the last three years. Thirty companies enjoyed a negative income tax rate over the three year period, despite combined[Read More…]
AAA: Costs Associated With Traffic Crashes Are More than Three Times Greater than Congestion Costs
Traffic crashes cost U.S. motorists almost $300 billion per year; over $11 billion for Chicagoland motorists AURORA, ILL.–(ENEWSPF)–Nov. 3, 2011 – The annual societal cost of traffic crashes is $299.5 billion, more than three times the $97.7 billion cost of congestion, according to a report released today by AAA. In[Read More…]
House Hearing on Contraception and Religious Refusals Discounts Women’s Health
WASHINGTON–(ENEWSPF)–November 3, 2011. The House Energy and Commerce Subcommittee on Health held a held a hearing yesterday on new guidelines released by the Department of Health and Human Services (HHS) ensuring that insurance plans include coverage of contraception without extra out of pocket costs. HHS also included an exception that[Read More…]
Statement by AFL-CIO President Richard Trumka on Proposal of ‘The Wall Street Trading and Speculators Tax Act’
Washington, DC–(ENEWSPF)–November 3, 2011. Yesterday, Senator Tom Harkin and Representative Peter DeFazio introduced the “Wall Street Trading and Speculators Tax Act” legislation that would assess a Financial Speculation Tax of 3 basis points, or .03 percent. The European Commission is proposing a Financial Speculation Tax that would assess a tax[Read More…]
Occupying the U.S.A.
Washington, DC—(ENEWSPF)—November 1, 2011. Jack Balkwill, the editor of LUV News (an excellent, very brief daily news service, subscription info below), is very nice to call me the “Father of the Occupy Movement” but it is a title I can’t accept. This movement is more of a spontaneous combustion in[Read More…]
A Statement from Department of Health and Human Services Secretary Kathleen Sebelius on the Sustainable Growth Rate
On the need to fix the Sustainable Growth Rate issue upon release of the final Medicare physician fee schedule rule Washington, DC—(ENEWSPF)—November 1, 2011. “America’s physicians are the backbone of our health care system. Physicians are there for us throughout our lives, helping us improve our health and fight off[Read More…]
SEIU: U.S. Department of Justice Rightly Challenges South Carolina Immigration Law
WASHINGTON, D.C.–(ENEWSPF)–November 1, 2011. The U.S. Department of Justice filed a lawsuit Monday against South Carolina’s harsh immigration law on the grounds that it violates the U.S. Constitution by interfering with the federal government’s jurisdiction over immigration law. The South Carolina law would require law enforcement to demand “papers” demonstrating[Read More…]
AARP to Super Committee: No Cuts to Social Security, Medicare Benefits
Washington, DC–(ENEWSPF)–November 1, 2011. AARP volunteers concerned about potential cuts to critical Social Security and Medicare benefits attended Tuesday’s Public Hearing of the Joint Select Committee on Deficit Reduction (‘super committee’), at which Erskine Bowles and former Sen. Alan Simpson (R-WY), co-chairs of President Obama’s National Commission on Fiscal Responsibility[Read More…]
