FDIC Wants Banks to Prepay Fees
The Federal Deposit Insurance Corporation proposed on September 29 that banks prepay $45 billion in insurance premiums to help the FDIC avoid running out of money to cover bank...
About: Steven J. DuBord
Posts by Steven J. DuBord
Public Insurance Option Voted Down
The Senate Finance Committee led by Max Baucus (D-Mont.) on September 29 voted 15-8 against including a public health insurance plan in the panel’s proposed healthcare reform legislation. ...
Secret Service Investigates Facebook Poll
FOX News reported on September 28 that the U.S. Secret Service is investigating a poll posted on the Facebook website that posed the shockingly reprehensible question: “Should Obama be...
OKC Bombing Tapes Were Tampered With
Before 9/11, the Oklahoma City bombing of the Alfred P. Murrah Federal Building on April 19, 1995 was the worst terrorist act on American soil. It still ranks as...
Kirk Takes Kennedy’s Seat in Senate
Former Democratic National Committee Chairman Paul G. Kirk Jr. has been officially sworn in by Vice President Joe Biden to temporarily take the Senate seat of the late Edward...
Oil Industry Gushes With New Finds
If oil industry discoveries continue at this year’s current pace, 2009 will see the highest number of new finds in nine years. ...
House Passes Bill to Keep Govt Running
The House of Representatives passed a temporary spending bill on September 25 to keep the federal government in business through October. In order to avoid a government shutdown, the...
Ammo Scarce as Americans Load Up
As Americans continue to purchase record-setting stockpiles of ammunition, manufacturers are being forced to work literally around the clock to keep up with demand, but even this isn’t enough...
Recession Delays, Cancels Retirement Plans
According to a survey conducted in the past two months by an organization known as Experience Works, the current recession is hitting seniors hard, causing them to delay retirement...
FCC Chief Backs Net Neutrality
Julius Genachowski, Chairman of the Federal Communications Commission, has proposed extending FCC regulation of the Internet and wireless carriers for the sake of so-called net neutrality. ...
FDIC Seeks Help From Banks
The Federal Deposit Insurance Corporation (FDIC) is considering borrowing billions of dollars from the very banks it is supposed to be insuring against failure, the New York Times reported...
Immigration Raids Benefit Legal Workers
According to a Center for Immigration Studies (CIS) report, raids by Immigration and Customs Enforcement (ICE) officers are not only catching illegal immigrants, they are clearing the way for...
Patriot Act Hearings This Week
The House and the Senate are scheduled to conduct their initial committee hearings this week on the question of reauthorizing three sections of the Patriot Act that will expire...
Five States Throw the Book at Google
The Attorneys General from at least five states have filed briefs critical of Google’s proposed settlement with book publishers and authors, MarketWatch reported on September 17. The attorneys general...
Fighting Fat by Taxing Soft Drinks
More U.S. health experts have added their voices to the chorus calling for a tax on soft drinks designed to discourage consumption, Reuters reported on September 16. ...
Gene Therapy Cures Color-blind Monkeys
In a study published on September 16 by the journal Nature, scientists say they have used gene therapy to cure red-green color blindness in two adult male squirrel monkeys....
Coming Cyberczar to Regulate Internet
President Barack Obama is close to adding another czar to the growing number of czars in his administration. This one will be a cyberczar (otherwise known as the National...
Fed Gov’s Cloud Computing & Apps.gov
The federal government announced on September 15 that it will adopt cloud computing to cut costs and reduce the environmental impact of its computer systems. As a first step,...
H1N1 Swine Flu Death Rate Is Low
According to an expert on infectious diseases, the death rate from the H1N1 swine flu appears to be lower than forecasted. In fact, it looks to be in line...
Adobe Expands With Omniture Purchase
Adobe Systems Inc., the largest producer of graphic-design software in the world, has announced a deal to purchase Omniture Inc. for $1.8 billion. Ominture’s focus is tracking website performance...