News Stories of Interest
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March, 2011 - The U.S. Government Accountability Office issued a formal proposal to the Treasury and Federal Reserve asserting that if it eliminated the $1 bill and replaced it with a $1 coin, the USA could save approximately $5.5 billion during the next 30 years. The reasoning for the proposed change from paper to coin for the $1 currency is that the dollar bill has a shorter lifespan than dollar coins. The paper dollar wears much faster than a coin causing the government to spend more money to print new bills. |
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January 22, 2010 - The Center for Environmental Health went to a 100 of the nation's top retailers including Macy's, Target, Wal-Mart and Kohl's and bought women's purses. The group then had the bags tested for lead at an independent laboratory. They conducted two separate tests on the purses. Some bags were wiped to see how much lead would simply rub off the material. The bags also were tested for the total lead content of the products. The Center for Environmental Health said that the tests came back showing disturbingly high levels of lead. According to the Center for Environmental Health some tests bags had levels 30 to 100 times higher than the federal limit for lead in all children's items. The concern with many of the purses is that lead can rub off of the bag and end up on people's hands, or on children's hands and then into their mouths. |
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August 11, 2009 - General Motors, after closing hundreds of dealerships, has emerged from bankruptcy last month and today has opened a virtual car lot, selling cars online through eBay. The automaker has listed 20,000 new cars on the site, with auctions beginning at 12:01 am PT last night. 
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April 10, 2009 - An under-the-radar provision in a House climate bill would give plaintiffs who claim to be victims of global warming a way to sue the federal government or businesses, according to a report Friday in The Washington Times. The Times reported that Democratic Reps. Henry Waxman of California and Edward Markey of Massachusetts added it into a bill they authored. The provision, which was just released, reportedly would set grounds for plaintiffs who has "suffered" or expect to suffer "harm" attributable at least in part to government inaction. The provision defines "harm" as "any effect of air pollution (including climate change)," according to the Times. Plaintiffs could seek up to $75,000 in damages a year from the government, with $1.5 million being the maximum total payout. The Times reported that Waxman is trying to accelerate passage for the bill through his committee, as the Senate begins drafting its own version. |
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