• • •
• • •
• • •
Meanwhile, in Chicago …. a girl is born.
• • •
• • •
• • •
Meanwhile, in Chicago …. a girl is born.
On This Day: First Lady Michelle Obama salutes during the singing of the national anthem at Naval Station Norfolk, Va., July 31, 2009
10:55: The President meets with members of Congress on foreign policy, Cabinet Room
12:0: White House press briefing
1:20: The President delivers remarks and signs an executive order on workplace safety, South Court Auditorium
3:40: Delivers remarks, Department of Housing and Urban Development
7:25: The President and First Lady host ‘A Celebration of Special Olympics and A Unified Generation’, East Room
8:25: Attend a concert commemorating the Special Olympics, State Dining Room
— Barack Obama (@BarackObama) July 30, 2014
President Barack Obama is preparing to sign an executive order cracking down on labour violations by companies that contract with the federal government, the White House said Wednesday. Obama’s order will require companies seeking federal contracts valued at more than $500,000 to make public any labour law violations in the last three years, a step the Obama administration hopes will incentivize companies to resolve labour disputes such as back wage claims.
Federal agencies will be given more guidance on how labour violations should factor into their decision-making as they award lucrative contracts, officials said, with an eye toward pushing the most egregious violators into remediation agreements before new contracts are granted. Under the order, workers will also be given information each pay period to allow them to determine whether their paychecks are accurate.
The economy grew at a strong 4% rate in the second quarter of 2014, outpacing analyst estimates by almost a full point. The news that is even more encouraging than the topline GDP growth number is where it came from: consumer spending, business investment, and exports. Consumer spending growth doubled since the first quarter, business investment growth grew by more than a factor of 3, and exports saw a near-20-point swing. The reason these particular numbers are so encouraging is that they all point to strong jobs growth.
In an economy that is 2/3rds consumer spending, growth in that area is the predominant factor in creating demand, and therefore, jobs. We have come here in less than six short years after the greatest economic calamity this country has ever seen, save for one. We have arrived here not only without creating a war bubble but while actually deflating the war bubble by ending wars. This is because while nearly everyone else has been busy trying to generate clicks, the President has worked day and night to generate jobs. This is because while the media has been busy looking for poutrage, this president has used his blood, sweat and tears to look for solutions.
• • •
Secretary General Ban Ki-moon said on Wednesday that “all available evidence” suggested that Israeli artillery had hit a United Nations school in Gaza full of civilians who thought they were in a safe zone. “Nothing is more shameful than attacking sleeping children,” the secretary general told reporters in San Jose, Costa Rica, according to a transcript provided by his office.
It was Mr. Ban’s strongest comments to date on attacks on United Nations installations in Gaza, where Palestinians have been taking shelter. Six United Nations staff members have been killed in the current conflict so far. United Nations officials said that they had informed Israel 17 times of the precise location of the school and that there were civilians sheltering there, including once at 8:50 p.m., just hours before the attack on Wednesday.
— Patricia Linna (@patricia_linna) July 31, 2014
Oh…so I see that Chuck Todd is finally embarrassed by Washington because of all the impeachment talk. I have a few questions for Mr. Todd:
Were you embarrassed by the fact that our first African American President was required to produce a birth certificate?
Were you embarrassed when Rep. Joe Wilson shouted “You lie” to President Obama during a SOTU speech?
You could see the last tiny wisp of John McCain’s soul escape from its withered husk and drift up towards the light. http://t.co/fg580zPjF7
— Jim Wright (@Stonekettle) July 31, 2014
Here’s a simple case study making the point that our political debates about economics have become largely unhinged from those among actual economists. Take the Obama stimulus plan, known as the American Recovery and Reinvestment Act. If you took your cues from the political rhetoric in Washington — or even from the occasional virulent debate in the economics blogosphere — you would think the whole question of fiscal stimulus is highly contested. But it’s not. There’s widespread agreement among economists that the stimulus act has helped boost the economy. The Initiative on Global Markets at the University of Chicago — hardly a hotbed of liberal or Keynesian thought — regularly surveys a number of the leading American economists about a variety of policy issues.
Recently each of these eminent economists was asked whether the unemployment rate was lower at the end of 2010 than it would have been without the stimulus bill. Of the 44 economists surveyed, 37 responded, yielding a healthy response rate of 84 percent. Among those who responded, 36 agreed that the stimulus bill had lowered the unemployment rate, while one disagreed. That lone disagreeing economist, Harvard’s Alberto Alesina (who was one of my thesis advisers), has been a virulent opponent of the stimulus, although the research that he’s based this upon has come under sustained criticism, particularly from the International Monetary Fund, which views the study as flawed.
House Republicans officially gave Speaker John Boehner (R-OH) their seal of approval on Wednesday to sue President Barack Obama, marking the first time in U.S. history that a chamber of Congress has endorsed a lawsuit against a president. The House adopted the resolution by a vote of 225-201. Five Republicans joined a unanimous Democratic conference to vote against the measure. They were Reps. Thomas Massie (R-KY), Walter Jones (R-NC), Paul Broun (R-GA), Steve Stockman (R-TX) and Scott Garrett (R-NJ). The resolution authorizes Boehner to challenge Obama in court for exceeding his authority by unilaterally delaying deadlines under Obamacare.
Although he has said he’ll target the one-year delay of the health care reform law’s employer mandate penalties, the text of the GOP resolution gives the Speaker room to legally challenge implementation tweaks to other provisions of the law. It’s a politically awkward one for his party given that Republicans despise the employer mandate, and have voted to eliminate and delay it. “Republicans want to sue the president for not enforcing a law they want to repeal,” said House Minority Whip Steny Hoyer (D-MD). “It is wrong. It is a waste of time. It is a waste of money. It is a distraction from the important issues so important to our people. This lawsuit is nothing more than a partisan bill to rally the Republican base.”
— United Nations (@UN) July 30, 2014
Middle East politics are complex. This is simpler: Children should not be killed. Whatever will stop more children from dying, I’m for.
— Judd Legum (@JuddLegum) July 31, 2014
The bombs continue falling, more and more people are running for their lives with fewer places to go and as the screams from beneath the wreckage of Israel’s assault become more frequent, a generation of Gaza’s children are being shaped by what they see. And yet, as kids often do, they can still surprise you. Inside a Gaza City UNRWA school that’s been turned into a shelter, children pack the courtyard. Ten-year-old Yasmine al Attar stares at me from under her dark curled bangs. Yasmine’s aunt, Hula al Attar, tells me her son can’t sleep amid the nightly air strikes. Instead he howls and shakes.
“My 11-year-old son saw bodies in the street in the  war and he still can’t forget those images,” says the veiled 29-year-old mother. Yasmine speaks up. She tells me she can’t sleep either, and waits out the attacks by clinging to her mother in a corner classroom. I ask her what she wants to be when she grows up. “I don’t know if I will live,” she says flatly. When pressed for what she would like to be if she does survive, she becomes excited thinking about the possibilities. “I’ll be a doctor,” she says at first. Then she changes her mind. “I’ll be a journalist,” she says, pulling on her brown curls. “I just want to do something that helps people and tells the world what’s happening.”
The chart illustrates a pattern that most of us probably do not find surprising. But the sheer chasm separating single white men from Black and Hispanic single women is still shocking to see visualized so clearly. Single white men have 438 times the assets as single Black women and 365 times that of single Hispanic women. As we can see, marriage is a huge determinant of wealth – but mainly if you’re not white, and especially if you’re a woman.
— The White House (@WhiteHouse) July 31, 2014
As the report notes, owning a car is an important way to access more employment opportunities among other things. But that wealth is not easily accessible in dollar terms, which is highly relevant for the following reason. Great disparities of wealth not only have a huge impact on life opportunities and the prospects for wealth accumulation. They are hugely important factor in the precariousness of economic life experienced by different demographic groups.
President Obama talks with Chief of Staff Rahm Emanuel outside of the Oval Office on July 31, 2009 (Photo by Pete Souza)
On This Day: Senator Barack Obama leaves the stage after making a speech in front of the Victory Column in Berlin on July 24, 2008
9:50 PDT: The President attends a DNC fundraiser, private residence, Los Angeles
1:25 PDT: Delivers remarks, Los Angeles Trade-Technical College
3:05 PDT: Departs Los Angeles
5:0 EDT The President’s interview with CNBC’s Steve Liesman is aired
10:50 EDT: Arrives White House
@petesouza: Pres Obama disembarks from AF1 in LA
President Obama delivered a tough-love talk to his biggest boosters Wednesday, telling Democratic donors gathered in Los Angeles that they need to step it up before November if he’s going to get much done in his last two years in office. “You thought, ‘OK, we elect Barack and that’s it,’” Obama told a crowd big-dollar donors gathered in the lush Hancock Park backyard of TV producer Shonda Rhimes. He reminded them that he’d warned that it wasn’t about electing him but about getting “our democracy to work.” “I have got to have a Congress that has some sense and is willing to work and is willing to compromise and is focused on the American people. And we don’t have that right now.” Obama is often candid about what he describes as Democrats’ chronic problem: low turnout in midterm elections. But his remarks Wednesday came with a sharper ribbing for a crowd he seemed to think could take it.
Democrats like the fun of a presidential campaign, Obama said. But “we’ve got to step it up in the midterms. Not when it’s easy, not when it’s sexy, not when there’s hope posters….” While Democrats “don’t even know there’s an election,” Obama said, Republicans get to the polls. “Lo and behold we’re surprised when John Boehner is speaker of the House! What happened to Nancy Pelosi? What happened is y’all didn’t vote. And that’s when all kinds of … stuff happened,” Obama said, pausing as if deliberating on whether to keep the rant clean. “That’s what it was — stuff.”
The number of unemployed workers applying for jobless benefits tumbled in the most recent weekly data to the lowest level in more than eight years, signaling that employers are letting go of very few workers.
Applicants for regular state unemployment-insurance benefits in the week that ended July 19 dropped by 19,000 to 284,000 — the lowest level since February 2006, the U.S. Labor Department reported Thursday. Economists surveyed by MarketWatch had expected initial claims of 310,000 in the most recent weekly data.
The last time the Labor Department published a report on initial unemployment claims this good, the Great Recession hadn’t even started yet:
The number of people who applied for regular state unemployment-insurance benefits in the week that ended July 19 tumbled by 19,000 to 284,000 – the lowest level since February 2006 – signaling that companies have further slowed down the pace of layoffs and are letting go of few workers, according to government data released Thursday….
Regular readers know I run the above chart every Thursday morning, highlighting initial unemployment claims since January 2007, the year the Great Recession started. Look closely, however, and you’ll notice that today’s report is the best since before the chart began.
U.S. health insurers will send out about $330 million in rebates to employers and individuals this summer under President Barack Obama’s healthcare law, the U.S. Department of Health and Human Services said on Thursday.
The law, often called Obamacare, requires insurance companies to refund customers when they spend less than 80 percent or 85 percent of healthcare premiums they collect for medical care.
The rebates will go to about 6.8 million people and have a value of about $80 per family. They are to be sent by Aug. 1 either directly to consumers or to the employer providing the health coverage, who is required to pass the savings onto employees, the agency said in a report.
— Charles Gaba (@charles_gaba) July 24, 2014
New federal data, obtained by ProPublica under the Freedom of Information Act, shows nearly 1 million insurance transactions since mid-April.
For months, journalists and politicians fixated on the number of people signing up for health insurance through the federal exchange created as part of the Affordable Care Act. It turned out that more than 5 million people signed up using Healthcare.gov by April 19, the end of the open-enrollment period.
But perhaps more surprising is that, according to federal data released Wednesday to ProPublica, there have been nearly 1 million transactions on the exchange since then. People are allowed to sign up and switch plans after certain life events, such as job changes, moves, the birth of a baby, marriages and divorces.
The volume of these transactions was a jolt even for those who have watched the rollout of the ACA most closely.
— Charles Gaba (@charles_gaba) July 24, 2014
More than half the public says Obamacare has helped either their families or others across the country, although less than one in five Americans say they have personally benefited from the health care law, according to a new national poll. A CNN/ORC International survey also indicates that a majority of Americans oppose the Affordable Care Act, but that some of that opposition is from people who don’t think the measure goes far enough.
The poll, conducted this past weekend, was released on Wednesday, one day after a federal appeals court upheld Obamacare tax subsidies. That ruling came just a couple of hours after a separate appeals court struck down such subsidies for the millions of Americans enrolled in the federal government’s HealthCare.gov exchange. 53% say that Obamacare has helped either their families or others across the country.
— Chicago Tribune (@chicagotribune) July 24, 2014
Anti-Immigrants can’t even throw a good rally anymore.
Anti-immigrant groups have hit upon the issue of children fleeing violence who are arriving unaccompanied by adults at our southern border. These children are coming from three countries: El Salvador, Honduras and Guatemala. All three countries have very serious problems with gang violence, murder and child trafficking into prostitution. Under current US federal law these children have the right to have their cases thoroughly evaluated to ensure that no child is returned to a country where they might be killed, injured or trafficked.
… To make their case that Americans are really upset about an increase in unaccompanied children at the border, anti-immigrant groups staged what was supposed to have been a massive number of protests around the country. They staged a “National Day of Protesting Against Immigration Reform, Amnesty & Border Surge”….
…. Despite this all in effort, the anti-immigrants failed miserably to turn people out to protest children. If these rallies around the country were meant to demonstrate the power of the anti-immigrant movement, they may instead signal its end. In many cases, no one showed up at all.
We now know that two conservative judges on the D.C. Circuit Court of Appeals have declared it illegal for the government to subsidize Obamacare health plans in states that didn’t set up their own insurance exchanges. In reaching that conclusion, Judge Thomas Griffith, who authored the opinion of the court, sought to rebut each of the Obama administration’s arguments to the contrary—that the law clearly contemplates subsidizing health plans in every state whether or not a state built its own marketplace. But in one instance he based his counterargument on information that became outdated less than one week ago.
And the recent development turns that counterargument on its head. One of the White House’s most straightforward arguments is that neither Congress nor the administration would have approved a punitive system so at odds with the ACA’s ultimate, stated goal of achieving near-universal insurance coverage. The law seeks to achieve near-universal coverage by mandating the purchase of guaranteed, subsidized (and thus affordable) health plans. Take away the subsidies, and the plans are no longer affordable. If the plans aren’t affordable, they’re no longer compulsory. And if they aren’t compulsory and affordable the coverage expansion goal will be unattainable.
we must seal our border to protect us from this little one’s adorable cheeks, right wingnuts? pic.twitter.com/hUW9bSAwZq
— Oliver Willis (@owillis) July 24, 2014
Senator Obama waves to the crowd after making a speech in front of the Victory Column in Berlin, July 24, 2008
Sen. Obama waves from his car on July 24, 2008 in Berlin, Germany
President Obama shares a lighter moment with Vice President Biden in the Oval Office on July 24, 2009 (Photo by Pete Souza)
President Obama meets with leaders from the disability community in the Roosevelt Room of the White House on July 24, 2009 (Photo by Pete Souza)
President Obama shakes the hand of a young military family member at the Marine Barracks evening parade in Washington, D.C. on July 24, 2009 (Photo by Samantha Appleton)
President Obama and First Lady Michelle Obama attend the U.S. Marine Barracks evening parade in Washington, D.C. on July 24, 2009 (All photos by Samantha Appleton)
First Lady Michelle Obama bids farewell to departing staff Eirene Busa, White House Stenographer, center left, and Holli Crawford, White House Communications Agency, center right, aboard Bright Star during a flight from Manchester, N.H., to Joint Base Andrews, Md., July 24, 2011 (Photo by Samantha Appleton)
President Obama and Vice President Biden walk around the South Lawn of the White House, Sunday, July 24, 2011 (Photo by Pete Souza)
President Obama greets patrons and restaurant staff during a local stop at the Gateway Breakfast House in Portland, Ore., July 24, 2012 (Photo by Pete Souza)
President Obama presents Sen. Claire McCaskill, D-Mo., with a birthday cupcake aboard Air Force One, July 24, 2013 (Photo by Pete Souza)
Vice President Biden calls Phyllis Gould, one of the original “Rosie the Riveters” at Kaiser Shipyard during WWII. The Vice President invites Phyllis to visit him at the White House and recalls a story from 1994 on the 50th anniversary of Normandy. Nov. 11, 2013 Photo Credit: US Senate Photo
President Barack Obama signs the Workforce Innovation and Opportunity Act; a job-training legislation which aims to help job seekers gain valuable employment skills, as guests and members of Congress look on at the White House
Text of the President and Vice President’s remarks here
President Barack Obama meets with Apollo 11 astronauts Edwin “Buzz” Aldrin and Michael Collins to commemorate the 45th anniversary of the Apollo 11 mission
The White House (@WhiteHouse) July 22, 2014
"Neil Armstrong, Buzz Aldrin and Michael Collins took the 1st small steps of our giant leap into the future." —Obama http://t.co/OVwaxP1kgm—
The White House (@WhiteHouse) July 22, 2014
On This Day: President Obama hugs Stephanie Davies, who helped keep her friend, Allie Young, left, alive after she was shot during the movie theater shootings in Aurora, Colorado. The President visited patients and family members affected by the shootings at the University of Colorado Hospital, July 22, 2012. (Photo by Pete Souza)
10:35: The President meets with Apollo 11 representatives to recognize the 45th anniversary of the moon landing
11:0: Josh Earnest briefs the press
12:10: The President signs H.R. 803, the Workforce Innovation and Opportunity Act, South Court Auditorium
1:0 Departs the White House
3:30: Drink Up! with First Lady Michelle Obama, The White House
3:15: President Obama arrives Seattle, Washington
5:05: Attends a DNC fundraiser; private residence, Seattle
6:0: Attends a fundraiser for Senate Democrats; private residence, Bellevue, Washington
7:25: Departs Seattle
9:10: Arrives San Francisco
OFA CA (@OFA_CA) July 21, 2014
President Barack Obama and Vice President Joe Biden will put a spotlight on job-training programs on Tuesday as part of a White House push to boost economic opportunities for middle-class Americans, an important voting group in November elections.
Obama will sign the “Workforce Innovation and Opportunity Act,” which the White House said would help “improve business engagement and accountability across federally funded training programs.”
Biden will unveil a new report that will show the results of a study about how to make federal training programs more successful and better tailored to employers’ needs.
Department of State (@StateDept) July 22, 2014
Imad Mesdoua (@ImadMesdoua) July 21, 2014
The Israeli ground operation in Gaza extended on Monday, as international calls for a cease-fire mounted and the death toll continued to increase. While Israel lost several soldiers in the last day, the number of those killed during the latest iteration of the war between Hamas and Israel has been disproportionate, with the vast majority of the dead being both Palestinian and civilian.
Femi Oke (@FemiOke) July 17, 2014
The United Nations Office for the Coordination of Humanitarian Assistance (OCHA) publishes a daily snapshot of the crisis, pulling together the numbers from health officials in Gaza and reports from the various humanitarian organizations in the field. In their last report, which covered from July 19 -20, they noted that 3,008 Palestinians had been injured in the course of the fighting, “904 of whom are children and 533 women.” And at the time the report was published on Sunday, the number of those killed was 395: 375 on the Palestinian side “including 270 civilians, of whom 83 are children and 36 women” and 20 Israelis “including two civilians and 18 soldiers.”
#BREAKING: U.S. Appeals Court throws out IRS regulation that implements key Obamacare health insurance subsidies—
Reuters U.S. News (@ReutersUS) July 22, 2014
DC Circuit court sides with challengers in ACA lawsuit seeking to derail subsidies to Americans in federally run insurance exchanges—
(@AdamSerwer) July 22, 2014
Near the end of 2013, Sen. Ted Cruz (R-TX) led a final crusade to defund the Affordable Care Act, eventually announcing on the Senate floor that “I intend to speak in opposition to Obamacare, I intend to speak in support of defunding Obamacare, until I am no longer able to stand.” Cruz did succeed in goading his fellow Republicans into shutting down the federal government, but his effort was ultimately doomed. The American people’s elected representatives voted not to defund Obamacare, and the shutdown ended.
Irin Carmon (@irin) July 22, 2014
On Tuesday, two Republican judges voted to rewrite this history. Under Halbig v. Burwell, a decision handed down by Judge Raymond Randolph, a Bush I appointee, and Judge Thomas Griffith, a Bush II appointee, millions of Americans will lose the federal health insurance subsidies provided to them under the Affordable Care Act — or, at least, they will lose these subsidies if Randolph and Griffith’s decision is ultimately upheld on appeal. Ted Cruz is undoubtedly smiling today. Two unelected Republicans just voted to erase his most embarrassing and most public defeat, and they voted to take away millions of Americans health care in the process.
Jeffrey Toobin (@JeffreyToobin) July 22, 2014
Remember, when the full DC Circuit orders #Halbig to be reheard en banc. That means today's decision is vacated. It ceases to exist.—
Ian Millhiser (@imillhiser) July 22, 2014
After expressing some candid on-air criticism of MSNBC, network contributor Rula Jebreal is wondering if she’s in the cable news channel’s dog house. Jebreal said in a tweet Monday evening that her “forthcoming TV appearances” had been canceled. The Palestinian journalist also questioned if there might be a “link” between the cancelations and her comments earlier in the day in which she said MSNBC’s coverage had been biased toward Israel amid the nation’s ongoing conflict with Hamas.
While appearing on Monday’s episode of “Ronan Farrow Daily,” Jebreal said the channel’s coverage of the conflict was too favorable toward Israel. She even singled out Andrea Mitchell, the NBC News foreign affairs correspondent and MSNBC host. “Look at how many airtime Netanyahu and his folks have on air on a daily basis. Andrea Mitchell and others,” Jebreal said. “I never see one Palestinian being interviewed on theses same issues.”
Three years ago today the US Consumer Financial Protection Bureau opened its doors. It was a new government agency produced by the Dodd-Frank Act: part of Congress’ attempt to address the rampant misconduct by banks, mortgage lenders, ratings agencies and other financial institutions that brought on the 2008 financial crisis and started the Great Recession. In its three years of existence, the CFPB has already forced credit card companies to return $1.5 billion to consumers that they deceived with fraudulent add on products; reformed mortgage lending rules to ensure borrowers have a genuine ability to repay their loans; and began to sue student loan companies for predatory practices, among many other accomplishments. The agency also handles direct consumer complaints about abusive and deceptive financial products and services—400,000 of them so far. It’s a highly impressive record for a fledging agency.
Now the CFPB wants to let consumers take their complaints public, going beyond the existing database of bare-bones information to enable consumers to provide a full narrative with context about the financial products or services they believe harmed them and how the problem has impacted their lives. Consumers can anonymously tell the whole story about the credit reporting company that refused to remove a blatant error from their report, the mortgage servicer that started a foreclosure despite a history of on-time payments, or the car dealership that marketed deceptive auto loans. The companies they are complaining against would have an opportunity post a public response that would appear alongside the complaint at the same time it is made public.
The Ukraine and Gaza crises alike demonstrate the risks of aggressive policy based on short-term calculations. Vladimir Putin and Binyamin Netanyahu’s war-as-politics invites damaging long-term consequences.
The slaughters in Ukraine and Gaza have one thing in common. Both result from governments authorising violence which is overwhelmingly motivated by domestic politics and appears almost gratuitous from a strategic point of view. Such policies promise short-term domestic popularity, but risk losing international credibility and producing serious blowback. Vladimir Putin is now finding this out. Binyamin Netanyahu should take note: the blowback for Israel could be far more serious.
Wall Street Journal (@WSJ) July 18, 2014
ABC News (@ABC) July 22, 2014
If the customer wants clean energy, he’ll have to pay for it, right? Wrong. There’s actually no premium attached to low-carbon power, state utility regulators heard last week at their annual conference in Dallas. I’ll cut to the chase. Check out this report from Analysis Group, a five-star consultancy based in Boston, who presented at the conference. “Based on our own analysis and experience, we believe that the impacts on electricity rates from well-designed CO2-pollution control programs will be modest in the near term, and can be accompanied by long-term benefits in the form of lower electricity bills and positive economic value to state and regional economies.”
Here’s the back-of-the-envelope math. The EPA says that the Clean Power Plan—America’s no-nonsense blueprint to cut carbon pollution from its power plants—will cost between $4.3 billion to $7.5 billion per year by 2020. Let’s take a mean of $5.9 billion for the sake of fairness. That’s a mere 1.6 percent of America’s total spending of $363.7 billion on electricity in 2012. If you want an itemized bill, that $5.9 billion will include investment in cleaner generation, including increased zero-carbon low-cost nuclear power, the expense of wringing efficiencies from existing plants, fuel-switching costs, and “demand-side” efficiency measures—which translates to getting your customer use power more smartly.
It wasn’t too long ago that Russia was fairly popular in the minds in the American mainstream …. It takes real effort to go from 41% to 19% favorability in the course of five months.
But what stands out for me is a CNN poll from a few weeks ago that said Congress has a 14% approval rating.
Let’s pause to appreciate what this is telling us.
Most Americans believe that Russia will try to cover up its possible involvement in the death of 298 people ….. despite this recent bloodshed, still very much on the minds of millions, Russia is still a few points more popular than Congress.
The White House (@WhiteHouse) July 22, 2014
This will be a little hard to hear for the fashionable Lefty detractors of the president’s: Sen. Elizabeth Warren is openly celebrating President Obama’s financial reform law. There have always been detractors who routinely bemoan the Barack Obama’s “capitulation” and “friendliness” to big banks, presenting as evidence what they call a meaningless banking reform bill – Dodd-Frank – the president’s key financial reform accomplishment. In the next breath, they lament why Barack Obama could not “fight” the banks like Elizabeth Warren – with no hint of irony that a key part of President Obama’s financial reform is Warren’s brainchild: the Consumer Financial Protection Bureau. Even when acknowledged, the moaning crowd is still upset that Warren is now a United States Senator rather than the head of CFPB.
And of course… no perpwalks on Wall Street! Because, what good is reform without theater? Today is the fourth anniversary of the most significant financial reform law since the 1930s, which among other things created the Consumer Financial Protection Bureau. This is a fact not often noticed by those who see Warren as salvation from the “compromiser in chief” Obama, but the gravity of the achievement certainly did not escape Warren herself. On her Facebook page and in an email sent to supporters, Warren has two words for Dodd-Frank and the CFPB: It worked.
The Obama administration said that employers that stop covering contraceptives in workers’ health plans under a Supreme Court ruling must disclose the change to beneficiaries. The court’s late-June Hobby Lobby decision allows some closely held companies to opt out of the Affordable Care Act’s contraceptive requirement on religious grounds. The administration’s notice Thursday made clear that if all or a subset of contraceptive services aren’t covered under a group health plan,
beneficiaries must be informed of the extent of the exclusions. Federal law covering pension and health plans requires that employers alert employees if they change or drop benefits. Plans that reduce or eliminate coverage must provide expedited notification, generally no longer than 60 days after the change. The requirement applies to all group health plans, including those that pay workers’ health claims directly and those that rely on an insurer for that.
Stonekettle Station on the 45th Anniversary of the first Moon landing A Bittersweet Anniversary. tinyurl.com/lwgdof—
Jim Wright (@Stonekettle) July 20, 2014
The First Lady (@FLOTUS) July 21, 2014
Sen. Barack Obama speaks as Sen. Chuck Hagel listens during a news conference at the citadel July 22, 2008 in Amman, Jordan