From the FINANCIAL TIMES: India’s government faced a full-scale parliamentary revolt on Monday against its decision to open the country’s retail sector to foreign companies as opponents expressed fears for small traders and employment.
Tag: featured
Hershey chairman LeRoy S. Zimmerman resigns from all boards
From the PHILADELPHIA INQUIRER: LeRoy S. Zimmerman, the powerful Pennsylvania Republican whose oversight of the sprawling Hershey organization is under investigation by the state Office of Attorney General is retiring from the multibillion-dollar charity at the end of this year, the Hershey Trust Co. said in a surprise announcement Monday.
Utilities seek to skirt rate process
From LEHIGH VALLEY MORNING CALL: Electric, natural gas and waste water utilities may soon be able to raise prices without the public hearings and other costly, time-consuming steps that have long been part of the rate-making process in Pennsylvania. Legislation that would allow the change, which proponents say is necessary to upgrade aging infrastructure, has already made it through the state House and is now under consideration by the Senate.
Secret Fed Loans Gave Banks Undisclosed $13B
From BLOOMBERG: The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see what it was missing. The Fed didn’t tell anyone which banks were in trouble so deep they required a combined $1.2 trillion on Dec. 5, 2008…
SUNDAY NEWS
Editor Marv Adams opines in “State stifles university”: “Cut MU loose from the state university system and allow it to go it alone as an independent university or become a state-related school.
The 99%’s Deficit Proposal: How to create jobs, reduce the wealth divide and control spending
The disconnect between Congress and the people is vast. For decades, Congress has been passing laws that benefit the 1%, their campaign donors and big business interests, rather than creating a fair economy that serves all U.S. citizens. With this report Occupy Washington, DC shows that Congress is out of touch with evidence-based solutions, supported by the majority of Americans that can revive the economy…
Much of Penn State’s problem can be traced to trustees
From the HARRISBURG PATRIOT-NEWS: During the Enron scandal, the country learned of high-level executives flouting the law, complicit auditors, a lack of transparency and a corporate culture of corruption and complacency. It became painfully clear that rubber stamp executive boards and opaque practices were the breeding ground for trouble.
Corbett: Charges delayed against Sandusky to make sure case strong
From the PITTSBURGH TRIBUNE: It took 33 months to arrest Jerry Sandusky. State attorney general’s investigators knew since late last year about eyewitness testimony accusing Sandusky of raping a boy, who appeared to be about 10, in a Penn State University locker room shower in 2002.
San Francisco marks 600th drug overdose prevention
From the DRUG WAR CHRONICLE: For the past eight years, the San Francisco Department of Public Health has been handing out the opioid antagonist naloxone (Narcan) in a bid to reduce heroin overdose deaths. This week, the city marked what it said was the 600th life saved by using the overdose-reversal drug.
“Disastrous” bond sale shakes confidence in Germany
From REUTERS: A “disastrous” German bond sale on Wednesday sparked fears that Europe’s debt crisis was starting to threaten even Berlin, with the leaders of the euro zone’s two biggest economies still at odds over a longer-term structural solution.
Will Sandusky scandal be PA’s Watergate?
Washington D. C. slowly expanded and moved up the ladder of government until then president Richard Nixon faced impeachment and resigned his office. There was little if any evidence that Nixon himself authorized the break in.
Letter that General Hospital suppressed from public at board meeting
The Board of Trustees of the Lancaster General Hospital went to the extraordinary length of adjourning their annual meeting for an hour in order to clear the audience from the room during the time permitted for public comment. Whether this was a violation of federal rules for 501(c) 3 public charities will be researched.
Is the appointment of Louis Freeh simply window dressing?
The Watchdog leaped for joy (figuratively speaking) when he learned that former FBI director Louis Freeh had been engaged by Penn State to “head sex abuse investigation.” According to Wikipedia, “Louis Joseph Freeh (born January 6, 1950) was the 5th Director of the Federal Bureau of Investigation, serving from September 1993 to June 2001”, the Clinton years.
INTELLIGENCER NEW ERA
Article headed “Lancaster Quilt & Textile Museum will fold” goes on to report: “When the Lancaster Quilt & Textile Museum opened in 2004, organizers expected between 35,000 and 55,000 people to come through the doors to see the famous Esprit Collection of Amish quilts…