Aug 05 Gulf Residents Ask: Will Promises Be Broken on the Oil Spill Response? By Tom Bearden A lot of people in south Louisiana think the rest of the country is about to abandon them. Again. On Wednesday, the U.S. government announced that most of the oil from the Macondo well blowout is already gone… Continue reading
Aug 04 Pelosi Calls House Back to Work Next Week for Funding Bill Updated 6:36pm EST Senate Democrats overcame a Republican filibuster Wednesday to move legislation that would provide states with funding for Medicaid and education. The $26 billion package passed by Senate Democrats and two Republicans may require the House of Representatives… Continue reading
Aug 04 Why is Stimulus Spending the Government's Responsibility? Question: Why does the government have to do anything in the way of a stimulus? Since many banks and corporations have more capital than at any time in recent memory (according to many accounts), why don’t they invest that into… Continue reading
Aug 04 BP's 'Static Kill' Holding Back Oil Flow Nearly four months after the worst accidental oil leak in history began in the Gulf of Mexico, BP is claiming a victory in its effort to plug its blown-out oil well. BP said Wednesday that mud forced down the… Continue reading
Aug 03 What Impact Does High-Frequency Trading Have on Market Volatility? Question: There’s been a lot of research and gathering of evidence for and against high-frequency trading and its impact on current market volatility and the value it adds to things like liquidity, but I’ve never actually seen any sensible debate… Continue reading
Aug 03 BP Begins 'Static Kill' Attempt Updated 5:23 p.m. ET | BP senior vice president Kent Wells said at a technical briefing Tuesday afternoon that the injectivity test conducted Tuesday ahead of the static kill was a "textbook" operation. "It went exactly as we would… Continue reading
Aug 03 Katrina 5 Years Later: The Monumental Tasks of Clean-up and Recovery By News Desk Upon the fifth anniversary of Hurricane Katrina's landfall, the NewsHour is looking back at some our coverage of what people in New Orleans and the Gulf Coast have done to clean up from the storm and rebuild their homes, businesses… Continue reading
Aug 03 In Honduras, Whispers of Political Unrest Remain Amid Mayan Beauty SAN PEDRO SULA, Honduras | Within an hour after landing here in Honduras's second largest city, I had my picture snapped three times -- at immigration, a record of my arrival, then before boarding the airport bus to the downtown… Continue reading
Aug 03 Tuesday: BP to Attempt 'Static Kill'; Floods Spreading in Pakistan Crews hoped to begin pumping mud and cement into the blown-out oil well at the bottom of the Gulf of Mexico on Tuesday in what BP officials said could be the permanent fix to the spill. Engineers planned to… Continue reading
Aug 02 Why Can't the Government Resurrect 'Workfare' Programs Like the WPA? Question: Some of FDR’s Great Depression financial recovery and unemployment strategies included the Civilian Conservation Corps and the Works Progress Administration, both of which left important legacies evident still today. There is great dignity… Continue reading