The turnpike commission on Monday announced increases of 12 percent for cash-paying motorists and 2 percent for those who use the electronic E-ZPass system.
Month: July 2013
Feds warn ‘Friends of Sestak’ about fund-raising efforts
In a letter to the Edgmont Democrat dated July 26, the FEC said that Sestak’s committee, called “Friends of Joe Sestak,” has crossed the financial threshold of $5,000 in contributions and expenditures and he will be deemed a candidate unless he disavows the fiscal activities.
Obama to Propose ‘Grand Bargain’ on Corporate Tax Rate, Infrastructure
Obama wants to cut the corporate tax rate of 35 percent down to 28 percent and give manufacturers a preferred rate of 25 percent. He also wants a minimum tax on foreign earnings as a tool against corporate tax evasion and increased use of tax havens.
Chrysler earns $507 million in 2Q, up 16%
USA TODAY: Chrysler reported Tuesday that it earned $507 million in the second quarter, up 16% from the same period a year ago. Chrysler’s profit was strong enough that 69% of the profits of its Italian parent, Fiat, which also reported earnings Tuesday, came from North America, offsetting the economic downturn in Europe. Chrysler, on […]
FERC Accuses JPMorgan Chase Of Manipulating Electricity Market
HUFFINGTON POST / REUTERS: The U.S. power market regulator took a step toward charging JPMorgan Chase & Co. with gaming electricity prices on Monday, confirming months of media reports about “manipulative” trading schemes that have rattled the bank… The U.S. Federal Energy Regulatory Commission (FERC) staff has found “eight manipulative bidding strategies” used by a […]
William W. Scranton, 96, G.O.P. Prodigy Who Led Pennsylvania, Is Dead
NEW YORK TIMES: William W. Scranton, the moderate Republican governor of Pennsylvania from 1963 to 1967, who lost a run for his party’s presidential nomination in 1964 and later served as the United States representative to the United Nations, died on Sunday in Montecito, Calif.
Poll: Arab youth feel alienated from politics
ALJAZEERA: The majority of youth from Egypt, Tunisia, Libya and Yemen – countries that went through a revolutionary wave of demonstrations and protests that began in December 2010 – feel disenfranchised from the political process in their country, a poll conducted by Al Jazeera Studies Centre has revealed. The study, published on Monday, also found […]
US bond insurers: Motown blues (and Harrisburg also)
Of the nine insurers that existed before the financial crisis, almost all have either failed or are in runoff. Assured is the only one still insuring new bonds. The other active insurer is Build America Mutual, which was formed only recently and is owned by policyholders.
McQueary: Joe Paterno admitted PSU’s failure in Sandusky scandal
According to the Associated Press, McQueary testified Monday that Joe Paterno told him “Old Main screwed up” — likely a reference to the school’s administration.
More Independence for the FISA Court
NEW YORK TIMES Editorial: …All 11 of the current members were assigned to the court by Chief Justice John Roberts Jr. In the nearly eight years he has been making his selections, Chief Justice Roberts has leaned about as far right as it is possible to go.
All Little Leaguers should play ball in July, August
Today, everywhere, the season for 85 to 90 per cent of the players is over at the end of June. The playoff process to get to Williamsport eats up summer’s remainder, but for only about one-in ten players, narrowing down each week.
The goal of Mongolian Neo-Nazism
It’s not a secret that there exists a neo Nazi movement in many countries. But in some countries it takes much unexpected forms. In the streets of Mongolian capital Ulan Bator young people in the uniforms resembling Nazis raise their hands making a typical Roman salute and shout “Sieg Heil!”
Cautionary tales yield few answers Detroit’s situation familiar in Scranton
SCRANTON TIMES-LEADER Editorial: Detroit’s attempt at bankruptcy had an air of inevitability about it due to simple math compounded by demographics – its obligations are greater than its revenue and its tax base continues to dissolve into the surrounding suburbs and states. If that sounds familiar it’s because it’s the same problem facing Scranton and […]
A memo to Gov. Corbett on his comeback plans
PHILADELPHIA DIALY NEWS Column: … 1) I suggested naming a woman to the Supreme Court because of how poorly you poll with women. You didn’t do that. You nominated Superior Court Judge Correale “not-a-woman” Stevens, who gets sworn in tomorrow. 2) I said since you won’t have a primary you should turn from the ideological […]