February 13, 2014
Mohenjo
Political
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I used to have a house. I used to go on vacations. I used to shop at department stores, get my hair done and even enjoy pedicures. Now, I don’t. I’m a member of the American “Used-to-Haves.”
Now, I’m renting an apartment and I’m desperately awaiting a check so I can pay the rent. Yet, I’m lucky to have an apartment that includes utilities. Despite my college degree from a prestigious college, and solid employment track record, I can’t get a job. It’s been so long since my corporate days, I now feel unemployable.
My age doesn’t help. But I’m as healthy as a thoroughbred, I appear quite young and would gladly accept a basic salary. I’m a bargain! But no. I’m freelancing for $15 an hour these days, but I used to earn $100 an hour. In fact, all the freelance hourly rates have been driven down to $15-30 an hour. To make ends meet, I also work as an aide ($13.75 an hour) and run a small local company. And my annual earnings are under $20,000.
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February 13, 2014
Mohenjo
Political
amazon, business, Business News, Emergency Unemployment Compensation, Federal Unemployment Benefits, Hotels, huffingtonpost, human-rights, Long Term Unemployed, medicine, mental-health, Politics News, research, Russ Holton, Science, Science News, Senate Democrats, Slideshow, technology, Technology News, travel, Ui, Unemployment, Unemployment Extension, unemployment insurance, vacation, Video
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When Senate Democrats fell just one vote short of advancing a bill to restore long-term unemployment insurance last Thursday, Russ Holton wept.
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“Imagine that, a 44-year-old man crying while watching TV,” he said. He had watched the vote on C-SPAN 2. A day later, his cable provider cut him off because he hadn’t paid the bill.
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Holton is one of the 1.7 million long-term unemployed people missing out on federal benefits because Congress stopped providing them in December. Six years ago, he was making $85,000 per year at his job in tech sales. Today, the seams of his life are fraying.
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January 26, 2014
Mohenjo
Political
amazon, Barack Obama, business, Business News, Gilded Age, GILDED AGE: STATE OF THE UNION, Hotels, human-rights, Income Gap, Income Inequality, medicine, mental-health, New Gilded Age, Obama Address, Obama State Of The Union 2014, Obamas State Of The Union, Obamas State Of The Union 2014, Politics News, President Barack Obama, President Obama Address, President Obama Speech, research, Science, Science News, Sotu, Sotu 2014, state of the union, State Of The Union 2014, State Of The Union Address 2014, State Of The Union Speech, State Of The Union Speech 2014, technology, Technology News, travel, vacation, Video
FROM
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The numbers are shocking — assuming that we still have the capacity for shock — and they will form the backdrop for President Barack Obama’s State of the Union speech on Tuesday.
The president will declare himself a foe of “income inequality,” with good reason: As a nation, we have climbed out of the deep hole of the Great Recession, but we have not done so as a whole people.
For the first time since precise recordkeeping began a century ago, 10 percent of Americans take in more than half the country’s income.
In the last 40 years, the income of the top 1 percent of Americans has quadrupled, while incomes for everyone else have stagnated.
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January 16, 2014
Mohenjo
Political
amazon, American jobs, Barack Obama, business, Business News, Careers, economy, Hotels, huffingtonpost, human-rights, Jobs, manufacturing, medicine, mental-health, North Carolina, North Carolina State University, Obama, Obama Jobs, Obama Manufacturing, Obama Manufacturing Jobs, Obama North Carolina, Politics News, research, Science, Science News, Slideshow, technology, Technology News, travel, vacation, Video
FROM
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Making good on a promise from last year’s State of the Union to help create good-paying American jobs, President Barack Obama on Wednesday announced a new public-private manufacturing hub in North Carolina to develop next-generation power electronics.
Obama’s announcement was meant to give a manufacturing boost to the state that has taken hits in the recession. “We’re not going to turn things around overnight. A lot of jobs were lost in the textile industry and furniture-making,” he told 2,000 gathered at a North Carolina State University arena.
But he expressed optimism that the time is now for a change. “This can be a breakthrough year for America,” Obama said. “The pieces are all there to start bringing back more of the jobs that we’ve lost over the past decade.”
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January 2, 2014
Mohenjo
Political
Affordable Care Act, amazon, American health care system, business, Business News, Health Care, Health Care Reform, health coverage, Health Insurance, health insurance companies, Hotels, huffingtonpost, human-rights, Jeffrey Young on Health Care, medicine, mental health care, mental-health, Obamacare, Obamacare 2013, Obamacare 2014, Obamacare Enrollment, Obamacare Glitches, Obamacare Health Insurance, Obamacare Website, Politics News, President Barack Obama, research, Science, Science News, Slideshow, technology, Technology News, travel, Uninsured, vacation
FROM
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When the clock strikes midnight for the new year Wednesday, it also will ring in a new day for the American health care system.
President Barack Obama signed the Affordable Care Act into law nearly four years ago, and Jan. 1, 2014, culminates a lot of work, strife and anxiety. It also represents the birth of a new health insurance market for individuals who aren’t covered by their employers or government programs like Medicare, especially for low-income and uninsured people receiving unprecedented help paying for coverage.
Starting on Wednesday, health insurance companies can’t turn away anyone because of their medical histories or pre-existing conditions. Prices can’t be higher for people with chronic ailments, or for women, and older individuals can’t be charged more than three times what younger customers pay. Basic benefits like hospitalizations, prescription drugs and mental health care must be covered. Annual and lifetime limits to essential coverage are gone. And nearly everyone must obtain health coverage or face a tax penalty under the law’s individual mandate.
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December 29, 2013
Mohenjo
Political
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Country music star Toby Keith’s new restaurant in Woodbridge, Va., has outraged some Virginia gun-rights advocates by posting a “NO GUNS PERMITTED” sign on the front door, according to FOX 5 TV station.
The gun friendly state permits citizens to openly carry firearms into restaurants and bars, but state laws offer no legal guidance on drinking while openly carrying a gun. Drinking while carrying a concealed weapon is prohibited.
Additionally, Virginia state law allows bar and restaurant owners to ban weapons from the premises, as long as they prominently display a gun-free sign in the establishment. However, “No Firearm” signs in Virginia do not carry the force of law unless the property is specifically mentioned in state law as off limits to individuals with a permit or license to carry.
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Rick Diamond via Getty Images
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November 27, 2013
Mohenjo
Arts, Business, Crime, Enthralling, Finance, General, Human Interest, Medical, Political, Science, Technical
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Never Forget!
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I just watched ‘RED DAWN”
http://encyclopedia.thefreedictionary.com/red+dawn
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Matthew Henry
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Hooyah
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October 11, 2013
Mohenjo
Political
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As the government shutdown reaches its ninth day, Americans have been left with news of one meeting after another as it seems the budget deadlock will never end.
Although last week’s reports of no end in sight were dismal, this week a bipartisan meeting between House Speaker John Boehner and House Minority Leader Nancy Pelosi may shine a glimmer of hope towards a resolution.
This news is hopefully a step in the right direction after a series of failed attempts at negotiation between Boehner and President Obama. But who is being more unreasonable out of the two?
Cartoonist Kevin Eason thinks that title belongs to Boehner as the house speaker has repeatedly displayed resistance toward meeting any kind of agreement. And the American people agree. Although most of the country is unhappy with lawmakers in both parties, Republicans have borne the brunt of the blame for the government shutdown, according to a recent poll.
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October 6, 2013
Mohenjo
Political
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Rep. Lee Terry (R-Neb.) said this week that there is no way he’s giving up his salary during the government shutdown.
“Dang straight,” he said when asked by the Omaha World-Herald Bureau whether he would keep his paycheck.
About 800,000 public servants are furloughed during the government shutdown, and they’ll only receive back pay for the lost time if Congress authorizes it. Even if Congress does approve the retroactive paychecks, they could be delayed for some time, depending on how long it takes for the government to reopen. Many government workers who have spoken with The Huffington Post have said any delay in their pay will be hard, since the bills they need to pay won’t be delayed.
The salaries of members of Congress, as well as that of the president, come from a pool of mandatory funds and are not affected by a shutdown. Most members of Congress earn $174,000 a year.
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Rep. Lee Terry (R-Neb.)
(Photo By Bill Clark/CQ Roll Call)
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September 21, 2013
Mohenjo
Political
amazon, asset purchases, bond markets, bonds, business, Business News, buying bonds, central bank's economic stimulus, daily finance, economic stimulus, economy, Federal, Federal Reserve, financial markets, fiscal policy, Hotels, real-estate, research, Reserve, s central, Science, Science News, technology, Technology News, travel, U.S., U.S. central bank, U.S. economy, U.S. Federal Reserve, U.S. Politics, vacation
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The U.S. Federal Reserve said Wednesday that it would continue buying bonds at an $85 billion monthly pace for now, expressing concerns that a sharp rise in borrowing costs in recent months could weigh on the economy.
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The decision surprised financial markets that were braced for a reduction in the central bank’s economic stimulus.
Citing strains in the economy from tight fiscal policy and higher mortgage rates, the Fed decided against a tapering of asset purchases that investors had all but priced into stock and bond markets.
“The tightening of financial conditions observed in recent months, if sustained, could slow the pace of improvement in the economy and labor market,” the U.S. central bank said in a statement explaining its decision.
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