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American Richard H. Thaler wins Nobel Prize in economics

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An American professor won the Nobel Prize in economics on Monday for groundbreaking research into why people make bad decisions.

Richard Thaler, whose work influenced the Obama administration and led to a cameo in “The Big Short,” was cited for his research in the field of behavioral economics. He gets 9 million Swedish krona, or about $1.1 million.

 “I will try to spend it as irrationally as possible,” he told reporters.
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Economics is built on the assumption that people make rational decisions based on the desire to increase their economic well-being. While economists have long known that isn’t strictly true, Thaler was a pioneer in studying why people sometimes make irrational decisions, and how they can be encouraged to make smarter ones.

“He’s made economics more human,” said Peter Gärdenfors, a member of the committee that awarded the prize.

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Click link below for article and video:

http://money.cnn.com/2017/10/09/news/nobel-prize-economics-2017/index.html

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Kids for sale: ‘My mom was tricked’

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The 7-year-old girl, dressed in bright pink and holding one of her favorite stuffed animals, sees her mother for the first time in nearly a year. A brilliant smile spreads across Namata’s face, punctuating her excitement.

She and her mother are speaking via Skype more than 7,400 miles apart. Namata, or Mata as she’s known, talks from the home of her adoptive parents in Ohio. Her mother watches via a laptop in Uganda, in a quiet spot away from her village.
“Hello,” Mata says. “How are you doing?” 
 
Her mother laughs. She’s in awe of laying eyes on the daughter she thought she’d lost forever. Mom holds a newborn, and Mata says she wants a closer look at her sister. Her mother stands and lifts the baby, cradling her over the computer screen. 
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Mata beams, as does her adoptive mom, Jessica Davis. 

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Click link below for article and video:

http://www.cnn.com/2017/10/12/health/uganda-adoptions-investigation-ac360/index.html

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The real reason Trump is so dead set on crushing Obamacare

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Over the past 24 hours, President Donald Trump has taken two actions aimed at mortally wounding the Affordable Care Act.

The first tasks his administration with increasing competition among health care insurers, a move very likely to drive younger people out of the insurance marketplace entirely and driving up costs across the board. The second, announced late Thursday night, stops the federal subsidies being paid to insurance companies to incentivize them to cover lower-income Americans.
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The key to understanding Trump’s motivations here are entirely contained in the ACA’s shorthand nickname: Obamacare. It’s named after the man — former President Barack Obama (duh) — who shepherded it into existence. And that’s exactly why Trump wants to get rid of it.
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Trump’s entire political life — dating all the way back to his adoption of birtherism earlier this decade — is positioned against all things Obama. Why? Because for many Trump supporters in this country, Obama — and his beliefs about society and government — were the antithesis of what they believed. (Yes, Obama’s race — and multicultural vision of the country and the world — were part of that mix as well.)

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Click link below for article and video:

http://www.cnn.com/2017/10/13/politics/trump-obamacare-subsidies/index.html

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Pro sports teams were once reliable patrons of Trump’s hotels. Not anymore.

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Until recently, the Trump SoHo hotel served as a kind of luxe clubhouse for NBA teams visiting New York.

At least 12 teams — more than a third of the league — had stayed there since it opened in 2010. The players loved it so much they became walking ads for the Trump brand: Superstar Russell Westbrook of the Oklahoma City Thunder praised the hotel in the press. Toronto Raptors all-star Kyle Lowry gave interviews on the lobby’s couch. Then-Thunder forward Steve Novak tweeted about the $20 room-service lattes.

Now, it’s not the same.

All but one of the 12 teams said they have stopped patronizing the Trump SoHo since Donald Trump launched his presidential bid in 2015, according to team officials. Among the latest to depart were the Raptors, ­Phoenix Suns, Houston Rockets, Sacramento Kings and Washington Wizards, who all dropped Trump SoHo this summer and made different arrangements for the upcoming season.

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The Washington Post’s David A. Fahrenthold explains the trend of major pro sports teams leaving Trump hotels. (Bastien Inzaurralde/The Washington Post)

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Pro sports teams were once reliable patrons of Trump’s hotels. Not …

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Gunshots, a Cry of ‘Kill the Hostages,’ Then Freedom for Canadian-American Family

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Stuffed by their captors into the back of a car with their children as they were being ferried across the rugged tribal areas of northwest Pakistan, an American woman and her Canadian husband were in the final moments of their five-year ordeal as hostages.

But suddenly, shooting erupted. One of their abductors, a Taliban-linked militant, shouted, “Kill the hostages.”

The militants found themselves cornered by Pakistani troops. The gun battle ended, and soldiers pulled the family from the vehicle, to be taken by helicopter to Islamabad. They were safe. The Pakistanis, acting on information provided by American intelligence and collected from drones that had been tracking the hostages, had pulled off Wednesday’s risky operation.

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Gunshots, a Cry of ‘Kill the Hostages,’ Then Freedom for Canadian …

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Trump to extend March 5 deadline to end DACA protections if Congress doesn’t act, GOP senator says

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President Trump will extend a March 5 deadline to end protections for young undocumented immigrants if Congress fails to act by then, according to a Republican senator who spoke directly with the president about the issue.

Sen. James Lankford (R-Okla.) said Trump told him he was willing to “give it some more time” to allow lawmakers to find a solution for “dreamers,” unauthorized immigrants brought to this country as children, if Congress does not pass legislation extending protections before time is up.

“The president’s comment to me was that, ‘We put a six-month deadline out there. Let’s work it out. If we can’t get it worked out in six months, we’ll give it some more time, but we’ve got to get this worked out legislatively,’ ” Lankford said outside a town hall here Thursday night.

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The Trump administration is rescinding Deferred Action for Childhood Arrivals. The Obama-era program granted two-year work permits to undocumented immigrants brought into the country as children. (Jenny Starrs/The Washington Post)

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Click link below for article and video:

Trump to extend March 5 deadline to end DACA … – Washington Post

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Trump to Scrap Critical Health Care Subsidies, Hitting Obamacare Again

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President Trump will scrap subsidies to health insurance companies that help pay out-of-pocket costs of low-income people, the White House said late Thursday. His plans were disclosed hours after the president ordered potentially sweeping changes in the nation’s insurance system, including sales of cheaper policies with fewer benefits and fewer protections for consumers.

The twin hits to the Affordable Care Act could unravel President Barack Obama’s signature domestic achievement, sending insurance premiums soaring and insurance companies fleeing from the health law’s online marketplaces. After Republicans failed to repeal the health law in Congress, Mr. Trump appears determined to dismantle it on his own.

Without the subsidies, insurance markets could quickly unravel. Insurers have said they will need much higher premiums and may pull out of the insurance exchanges created under the Affordable Care Act if the subsidies were cut off. Known as cost-sharing reduction payments, the subsidies were expected to total $9 billion in the coming year and nearly $100 billion in the coming decade.

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 President Trump signed an executive order on health care in the Roosevelt Room of the White House on Thursday. Credit Doug Mills/The New York Times

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Trump to Scrap Critical Health Care Subsidies, Hitting Obamacare Again

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Kasich hints at leaving GOP if it’s not ‘fixed’

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Ohio Republican Gov. John Kasich said on CNN’s “State of the Union” Sunday that a time could come when he no longer supports the Republican Party.

“If the party can’t be fixed, Jake, then I’m not going to be able to support the party. Period. That’s the end of it.” Kasich said in an interview with anchor Jake Tapper.
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Asked what that meant for his future in the GOP, Kasich said he was committed to the party and intended to win it over from the surging nationalist wing.
 
 “I want this party to be straightened out,” Kasich said.

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Kasich hints at leaving GOP

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Click link below for article and video:

http://www.cnn.com/2017/10/01/politics/john-kasich-republican-party-cnntv/index.html

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A Generation at Risk: Children at Center of America’s Opioid Crisis

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Born premature, 15 weeks early and weighing just a pound and half, she spent the first three months of life in a neonatal intensive care unit. And her struggle had just begun.

Tori recalls being 8 when her mother asked her to carry out a drug deal. When she was 11, her uncle, whom she describes as a father figure, died of a heroin overdose.

Left to fend for herself, Tori says she did not even see a dentist or primary care physician — despite her fragile birth — until she was 10.

Her mother, a recovering heroin addict, has been clean now for three years, but Tori lives with her grandparents.

“I consider myself as a parent, and my mom the kid,” Tori, describing her early childhood, said in an interview in her grandparent’s home near Dayton. “She’d never take care of me, never feed me. I had to feed myself.”

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Click link below for article and videos:

https://www.nbcnews.com/storyline/americas-heroin-epidemic/generation-risk-children-center-america-s-opioid-crisis-n806456

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How Israel Caught Russian Hackers Scouring the World for U.S. Secrets

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It was a case of spies watching spies watching spies: Israeli intelligence officers looked on in real time as Russian government hackers searched computers around the world for the code names of American intelligence programs.

What gave the Russian hacking, detected more than two years ago, such global reach was its improvised search tool — antivirus software made by a Russian company, Kaspersky Lab, that is used by 400 million people worldwide, including by officials at some two dozen American government agencies.

The Israeli officials who had hacked into Kaspersky’s own network alerted the United States to the broad Russian intrusion, which has not been previously reported, leading to a decision just last month to order Kaspersky software removed from government computers.

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 Kaspersky Lab’s products require access to everything stored on a computer in order to scour it for viruses or other dangers. Credit Sergei Ilnitsky/European Pressphoto Agency

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How Israel Caught Russian Hackers Scouring the World for U.S. …

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