1
N.Y. / Region
Senators Propose Tax Breaks for Storm Cleanup
Senators Charles E. Schumer of New York and Robert Menendez of New Jersey modeled their Hurricane Sandy measure on 2005 legislation passed to help those affected by Hurricane Katrina.
2
Opinion
Inventing Democracy
South Africans have some advice for Egypt, Libya and other countries trying to emerge from oppressive rule.
3
U.S.
Corporate Money Allowed for Inaugural Donations
President Obama’s 2013 inauguration will be low-key, compared with 2009’s festivities, but this year corporate donations, with some exceptions, will be welcome.
4
U.S.
Storm Sirens’ Last Wail
A decision to dismantle tsunami sirens on the Oregon coast has some residents concerned that the new warning system — texts and phone calls — will not reach everyone.
5
U.S.
Holiday Boxes on Stoops Bring Reports of Thefts
As more consumers order gifts online, they are being advised to be proactive against thefts, by tracking packages and requiring signatures upon delivery.
6
Business Day
In Troubled Times, Clothes Still Make the (Business) Man — and Woman
Globally adept executives tread a middle ground between business-boring and fashion outré.
7
Business Day
Senate Passes Russian Trade Bill, With a Human Rights Caveat
The Russian government quickly assailed the human rights conditions contained within the legislation, and its legislators promised retaliatory language.
8
World
Pragmatism for Dutch on Gay Marriage
The steady expansion of rights for same-sex couples in the Netherlands reflects a broader societal shift, in which the Dutch have been quietly rearranging their family structures over the past decade.
9
Business Day
European Central Bank Cuts Growth Forecast
The bank’s move is a reversal from previous optimism that the euro zone economy would start to recover next year.Bleeding Europe
Europe
has surprised me with its political resilience — the willingness of
debtor nations to endure seemingly endless pain, the ability of the ECB
to do just enough, at the very last minute, to calm markets when the
financial situation seems ready to explode. But the economics of
austerity have played out exactly according to script — the Keynesian
script, that is, not the austerian script. Again and again,
“responsible” technocrats induce their nations to accept the bitter
austerity medicine; again and again, they fail to deliver results. The
latest case in point is Italy, where Mario Monti — a good guy, deeply
sincere — is leaving early,
ultimately because his policies are delivering Italy into depression.
(And yes, for the record, this means that Italy won’t get the full
Monti.)
So what’s the answer? Stay the course, say the Eurocrats. It will work any day now — the confidence fairy is coming!
Kevin O’Rourke has it right: Europe has become the continent where good times are always just around the corner.
It really is like medieval medicine, where you bled patients to treat their ailments, and when the bleeding made them sicker, you bled them even more."
So what’s the answer? Stay the course, say the Eurocrats. It will work any day now — the confidence fairy is coming!
Kevin O’Rourke has it right: Europe has become the continent where good times are always just around the corner.
It really is like medieval medicine, where you bled patients to treat their ailments, and when the bleeding made them sicker, you bled them even more."
10
Business Day
Bank of England Holds Interest Rates at Record Low
The decision comes a day after the government said Britain would miss debt-reduction targets and the growth forecast was cut for 2013."Conceptual evolution
In its original conception, a liquidity trap refers to the phenomenon when increased money supply fails to lower interest rates. Usually central banks try to lower interest rates by buying bonds with newly created cash. In a liquidity trap, bonds pay little to no interest, which makes them nearly equivalent to cash. Under the narrow version of Keynesian theory in which this arises, it is specified that monetary policy affects the economy only through its effect on interest rates. Thus, if an economy enters a liquidity trap, further increases in the money stock will fail to further lower interest rates and, therefore, fail to stimulate." . . .The rest is noise.
11
N.Y. / Region
Verdict Reached in Fatal Bus Crash Case
The fate of Ophadell Williams, the bus driver accused of causing the deaths of 15 people in the Bronx last year, will be learned Friday morning.
12
U.S.
Administration Weighs Legal Action Against States That Legalized Marijuana Use
Voter initiatives allowing recreational use in Colorado and Washington State are a dilemma for the president.
13
Technology
Dismayed at Google’s Privacy Policy, European Group Is Weighing Censure
European data protection officials are drafting plans to censure Google over its online privacy policy if the company does not eventually meet regulators' demands to revise it.
14
Sports
Gardner and Yankees Reach a Deal
Outfielder Brett Gardner and the Yankees agreed to a one-year, $2.85 million contract.
15
Opinion
The Full Israeli Experience
In a neighborhood where there is no mercy for the weak, how should we expect Israel to act?
16
Real Estate
Q & A
Rule, but no law, on carpeting requirements; subletting policies that differ; no entry for house-sitter.
17
U.S.
Contributions Blackout Serves Many Functions
Texas’ annual campaign contributions blackout, which begins Sunday, is meant to convince somebody that money and voting are unrelated, but it serves other purposes as well.
18
U.S.
Motherhood When Times Are Tough
Children are expensive, and more and more women in middle-income and upper-income societies are judging that they simply cannot afford to have as many children as they would like.
19
Business Day
Consumer Borrowing Rises to $2.75 Trillion
Americans used their credit cards more often and borrowed more to attend school and buy cars.
20
Opinion
Checking the Costs of Homeland Security
Senator Tom Coburn is right to demand greater vigilance from Congress on the state of the program and its costs."The deployment of the U.S. military was central to the establishment of Southern Reconstructed state governments and the suppression of violence against black and white voters.[1] Reconstruction was a remarkable chapter in the story of American freedom, but most historians consider it a failure because the region became a poverty-stricken backwater and whites re-established their supremacy, making the Freedmen second-class citizens by the start of the 20th century. Historian Eric Foner argues, "What remains certain is that Reconstruction failed, and that for blacks its failure was a disaster whose magnitude cannot be obscured by the genuine accomplishments that did endure."[2]"
We as a nation have not had or wanted a National Police.
"Posse comitatus is the common-law or statute law authority of a county sheriff or other law officer to conscript any able-bodied man to assist him in keeping the peace or to pursue and arrest a felon, similar to the concept of the "hue and cry". Originally found in English common law, it is generally obsolete; however, it survives in the United States, where it is the law enforcement equivalent of summoning the militia for military purposes
"In the United States, a federal statute known as the Posse Comitatus Act forbids the use of the United States Army, and through it, its offspring, the United States Air Force as a posse comitatus or for law enforcement purposes. A directive from the Secretary of Defense prohibits the use of the United States Navy and United States Marine Corps for law enforcement. No such limitation exists on the United States Coast Guard, which can be used for all law enforcement purposes (for example, Coast Guardsmen were used as temporary Air Marshals for many months after the 9/11 attacks) except when, as during WWII, a part of the Coast Guard is placed under the command of the Navy. This part would then fall under the regulations governing the Navy in this matter, rather than those concerning the Coast Guard. The limitation also does not apply to the National Guard when activated by a state's governor and operating in accordance with Title 32 of the U.S. Code (for example, National Guardsmen were used extensively by state governors during Hurricane Katrina response actions). Conversely, the limitation would apply to the National Guard when activated by the President and operating in accordance with Title 10 of the U.S. Code.[10]"
The Department of Homeland Security is probably unlawful.
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