Massachusetts Jobless Rate Lowest Since December 2008. The state unemployment rate in November was 7 percent, while the national rate was 8.6 percent … insert Occupy-esque sign here. [Biz Journals]
Massachusetts Jobless Rate Lowest Since December 2008Posted by daily feed on 12/16/2011 at 8:44AM | No Comments
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Will Big Banks Pay Up?Wells Fargo runs afoul of yet another municipal agency.Posted by Casey Lyons on 12/2/2011 at 10:35AM | No Comments
Attorney General Martha Coakley broke out the big guns yesterday, filing a lawsuit against three of the nation’s largest banks for allegedly deceptive foreclosure practices. The Herald reports that Coakley isn’t naming her price, but could join other states in a “global settlement said to be worth $28 billion,” which is just slightly more than the bank’s profits since 2008. Continue reading “Will Big Banks Pay Up?” » |
Wind Farms and the Necessity of EvilA smidgen of relief for the sleep-deprived, vertigo-suffering residents of Falmouth? Doubt it.Posted by Casey Lyons on 11/8/2011 at 11:35AM | 1 Comment
Find any potential municipal energy source, and you’ll find the same debate: The big-picture camp who touts the source as the future of local generation and an economic boon to the area. The second camp stands opposed, shrinks the debate right down to the individual level, and claims to be unwilling grist for the kilowatt-producing mill. But the debate here isn’t about coal plants, fracking, or hydroelectric dam projects, it’s about wind turbines and the possibly-casual-but-definitely-real effects they’re having on some residents of Falmouth, who have the misfortune of living near the 400-foot towers. But first, rewind: Falmouth, like other municipalities on Cape Cod, installed two wind turbines on town land to help the state meet Gov. Deval Patrick’s mandate to have 80,000 homes powered by green technologies by the end of the decade (25 percent from land-based generation), and to cash in on the Cape’s winds. Continue reading “Wind Farms and the Necessity of Evil” » |
First-Year Harvard Students Stage Walk-Out of Econ ClassPosted by daily feed on 11/3/2011 at 9:56AM | No Comments
First-Year Harvard Students Stage Walk-Out of Econ Class. In a letter to economics professor Greg Mankiw, the students wrote: “We are walking out today to join a Boston-wide march protesting the corporatization of higher education as part of the global Occupy movement. Since the biased nature of Economics 10 contributes to and symbolizes the increasing economic inequality in America, we are walking out of your class today both to protest your inadequate discussion of basic economic theory and to lend our support to a movement that is changing American discourse on economic injustice.” In a response on his blog, Mankiw wrote: ”Ironically, the topic for today’s lecture is the distribution of income, including the growing gap between the top 1 percent and the bottom 99 percent. I am sorry the protesters will miss it.” [ Harvard Crimson] |
Lawsuit Pits Whales Against Lobster Fishery... because lobster gear is causing harm to three endangered species of whales.Posted by Casey Lyons on 11/1/2011 at 9:29AM | No Comments
In a federal lawsuit that’s bound to stir the pot in the ongoing push-pull between preserving coastal ecosystems and using them as a food source, three environmental groups are claiming that lobster gear is causing harm to three endangered species of whales in violation of the Endangered Species and Marine Mammal Protection acts. From Maine to North Carolina, lobster fisherman and the three species of whale ply the same coastal waters, and the suit alleges that such overlap, particularly in summer and fall due to whale migration patterns, has resulted in at least 10 deaths from boat strikes and entanglement in underwater gear. Continue reading “Lawsuit Pits Whales Against Lobster Fishery” » |
Herman Cain’s 9-9-9 Plan = Tax the PoorPosted by Barry Nolan on 10/19/2011 at 3:49PM | 9 Comments
I am sitting here looking at my income tax return from 2010 and thinking about Tea Party favorite Herman Cain. My federal tax return is about one-half inch thick, and it cost a bundle to have it prepared. There is, of course, the 1040 form, as well as schedules A, B, C, and D, plus forms 8582, 2106 EZ, 4562, and so on. I really wish good ol’ Herman Cain actually knew what he was talking about with his 9-9-9 plan. I wish it would actually work and that it would lower my taxes and make the tortuous experience of dealing with income tax returns just sort of go away. But Cain is nuts, and his 9-9-9 plan is hooey. That is why Mitt Romney and Rick Perry and all the rest of the GOP field gave Cain’s plan such a smackdown in Tuesday’s GOP debate in Las Vegas. Continue reading “Herman Cain’s 9-9-9 Plan = Tax the Poor” » |












