There are more than 80,000 different chemicals that are used commercially around the country but a watered down bill written decades ago has allowed companies to keep nearly 20 percent of them secret from the public to keep customers from getting scared off from purchasing products if they knew what was in them.
The Toxic Substances Control Act of 1974 requires that all companies reveal all chemicals that they use in manufacturing their product. Unless, as the law says, they want to keep the chemicals secret to protect their profitability. Some law, huh? Sort of like saying that …continue reading
Winners of their respective elections were sworn into office earlier this week as the office holders brought a little bit of reform and a lot of the same old, same old.
Mayor Mike Bloomberg celebrated his third mayoral inauguration, the first mayor to do so since Ed Koch did it in the 1980s.
Bloomberg mentioned that he understood how some people felt about him overturning the term limits law but claimed that he sees the additional term as a special opportunity to finish what he started.
Regardless of what you think of Mayor Mike, the multimillionaire …continue reading
 It was a great day for the Democratic Party on November 4, 2008. A black, young Senator named Barack Obama had won his longshot bid for the presidency, the House of Representatives extended their large Democratic majority, and Senate Democrats were on the verge of sealing a “Super Majority.”
A little over a year later, with midterm elections nearly a year away, Democrats are becoming growingly concerned about how many of their party members, and even more so, party leaders, will stick around for another term.
In the past week, the Democrats saw one of their Congressmen switch party …continue reading
For the first time in history, New York State is not just broke but in debt. To paraphrase a line by Louis C.K., if being broke is having no money then New York would have to raise hundreds of millions of dollars just to be broke.
According to the New York Times, the state has a negative balance of $174 million in its general fund (yes, states have bank accounts too) with over a billion dollars due on its bills.
The state will now have to burn an even deeper hole in their account by using up …continue reading
Though Bernie Madoff’s Ponzi scheme commanded much of the media’s attention, a lesser recognized Ponzi schemer had a less high profile but seemingly more intricate scam going on with countless ties to politicians, CEOs, and media personalities including Gregory Meeks, a Queens Congressman.
According to the Miami Herald, Allen Stanford had fired one of the people who ran one of his banks in Venezuela. The person fired was none too thrilled and threatened to expose the fraud that we not know Stanford was orchestrating.
In response, the very powerful Stanford convinced Congressman Meeks (who is one of …continue reading
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