A federal judge has given a green light for Detroit to proceed with its bankruptcy, the largest municipal bankruptcy in history.
The ruling opens the door for the city to cut billions of dollars in payments that are owed to city employees, retirees, investors and other creditors.
Unions and pension funds had argued that the city should not be eligible to use bankruptcy court protections. They said that regardless of the Detroit's financial troubles, city and state officials did not negotiate with creditors in good faith in an effort to reach a deal on its liabilities.
In his ruling, Judge Steven Rhodes found the city did not meet that threshold, yet he ruled that such negotiations were impractical because of the huge number of creditors, which total more than 100,000. So, ultimately, he concluded that the city filed its petition properly.
One major union, the American Federation of State, County & Municipal Employees, has already said it plans to appeal the decision.
It would speed up delivery of online orders, but the technology is at least three or four years away.
Amazon.com is testing delivering packages using drones, CEO Jeff Bezos said on the CBS TV news show 60 Minutes Sunday.
The idea would be to deliver packages as quickly as possible using the small, unmanned aircraft, through a service the company is calling Prime Air, the CEO said.
Bezos played a demo video on 60 Minutes that showed how the aircraft, also known as octocopters, will pick up packages in small yellow buckets at Amazon's fulfillment centers and fly through the air to deliver items to customers after they hit the buy button online at Amazon.com.
New York City authorities have been sending out notices to residents who own guns that now violate new ammunition capability laws, demanding they relinquish their weapons — and even though the notifications may just be standard police procedure, the text is a shocker.
For this past year, I have had the privilege of being able to write a column in this space about any subject that I chose. So during this time we have discussed and dissected things like healthcare and education; the criminal justice system, including the ineffectiveness of the death penalty, Drug Prohibition and three strikes and mandatory minimum sentences; the differences among the three main political parties; American patriots like George Washington, John Adams and Theodore Roosevelt; and noteworthy figures from our past like William “Buffalo Bill” Cody and Albert Einstein. And I am thankful to this newspaper and, even more so, to you as my readers for this opportunity.
But on this Thanksgiving weekend it seems appropriate to bring this weekly column to a close, after first expressing my gratitude. So thank you!
For me, Thanksgiving is the best day of the year. It is a day – that is still not commercialized – for family gatherings and for focusing upon and expressing gratitude.
What Obama's healthcare changes really mean: KSDK explains that just because President Obama says insurance companies can once again offer certain policy they had to cancel, that doesn't mean they will offer them again.
WASHINGTON — Healthcare.gov has doubled its user capacity and eliminated many bugs in time for today's deadline, when the Obama administration pledged the problematic website would operate smoothly "for the vast majority" of people trying to access the site.
Jeffrey Zients, who is leading a technical team charged with fixing the website after its disastrous Oct. 1 rollout, said capacity is being increased to 50,000 simultaneous users and more than 800,000 total consumer visits a day.
By Tom Hamburger and Sarah Kliff,
The success of the Affordable Care Act could ultimately turn on the performance of an agency that has so far eluded the public spotlight amid the program’s tumultuous rollout.
Whether the new law can be enforced will be up to the Internal Revenue Service, an already beleaguered agency charged under the act with carrying out nearly four dozen new tasks in what represents the biggest increase in its responsibilities in decades. None is more crucial than enforcing the requirement that all citizens secure health insurance or pay a penalty.
But those efforts have been hampered by a one-year delay in applying new insurance regulations to large employers. Those employers had been expected to provide insurance coverage information that the IRS would use to help identify who has insurance and who does not.
While failures in launching the federal insurance Web site and online exchanges have thrust the Department of Health and Human Services to the center of public attention, the IRS also has a huge role in carrying out the law, including helping to distribute trillions of dollars in insurance subsidies and penalizing people who do not comply.
The fine is intended to encourage healthy people to enroll even if they do not have an immediate need for care. If the elderly and the sick dominate the ranks of those who sign up, it could lead to what health economists call an “ insurance death spiral” of rapidly escalating costs, premium hikes and declining enrollment.
Dallas (CNN) -- Five decades after it served as the backdrop for a nation's grief and disbelief, Dallas' Dealey Plaza took center stage once again Friday as Americans commemorated the 50th anniversary of President John F. Kennedy's assassination.
"A new era dawned and another waned a half century ago when hope and hatred collided right here in Dallas," Dallas Mayor Mike Rawlings said in his remarks commemorating Kennedy's death.
By Judge Jim Gray (Ret.) - Today we conclude our short series about classic American patriots with a discussion about Theodore Roosevelt, who was known for his exuberant personality and large range of interests and achievements. For example, he was awarded both the Nobel Peace Prize for having negotiated an end to the Russo-Japanese War, and, posthumously, the Congressional Medal of Honor for his fighting during the Spanish –American War. Roosevelt also was one of our most accomplished presidents, which, as you know, earned him a place on Mt. Rushmore, along with Washington, Jefferson and Lincoln.
Theodore Roosevelt began life inauspiciously in New York City as a sickly child who was asthmatic (often fatal at that time) and nearsighted. But he overcame these by implementing a body-building program of boxing, weightlifting, hiking and climbing mountains, which, in turn, made him a tireless champion of what he called “the strenuous life.”
By Mary Wisniewski
A new Illinois law will grant the rights of marriage to same-sex couples. At the governor's signing Wednesday, he touted the bill as a model for the rest of the country.
CHICAGO — Illinois Governor Pat Quinn on Wednesday signed into law a bill extending marriage rights to same-sex couples, making the home state of President Barack Obama the 16th to allow such unions.
The Illinois law, which takes effect June 1, is the latest in a series of recent victories for gay rights, coming after Hawaii's governor signed gay marriage into law last week and after New Jersey Governor Chris Christie in October dropped his appeal of a court ruling that legalized same-sex marriages.
By THE WASHINGTON TIMES November 3, 2013
Congress enacted an affordable health care bill that’s making a lot of people sick, requiring them to pay more for their insurance. It enacted a stimulus bill that put a wet blanket on the economy, and now it’s considering a bill to “reform” the snoopery of the National Security Agency by increasing the agency’s surveillance power.