Breaking News Alert The New York Times Sat, December 18, 2010 -- 3:30 PM ET ----- By a Vote of 65 to 31, Senate Votes to Repeal 'Don't Ask, Don't Tell' The Senate on Saturday voted to repeal the Pentagon's ban on
gay men and lesbians serving openly in the military. By a
vote of 65 to 31 and following House approval, the Senate
sent the bill to President Obama, who had campaigned on
ending the policy known as "don't ask, don't tell," which
allows gay members of the armed forces to serve only if they
keep their sexual orientation a secret. More than 12,500 service members have been discharged since
the policy was mandated by Congress in 1993. A Pentagon
report released on Nov. 30 concluded that allowing gays to
serve openly in the armed forces presents a low risk to the
military's effectiveness, even at a time of war, and that 70
percent of service members believe that the impact of
repealing the law would be either positive, mixed or of no
consequence at all. Read More:
http://www.nytimes.com?emc=na
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Breaking News Alert The New York Times Sat, December 18, 2010 -- 11:51 AM ET ----- Senate, Voting 63-33, Paves Way for Repeal of 'Don't Ask, Don't Tell' The measure would end the policy that allows gays to serve in
the military only if they keep their sexual orientation
quiet. The House had previously approved the measure, 250 to
175. More than 12,500 service members have been discharged since
the policy was mandated by Congress in 1993. A Pentagon
report released on Nov. 30 concluded that allowing gays to
serve openly in the armed forces presents a low risk to the
military's effectiveness, even at a time of war, and that 70
percent of service members believe that the impact of
repealing the law would be either positive, mixed or of no
consequence at all. Read More:
http://www.nytimes.com?emc=na
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Breaking News Alert The New York Times Sat, December 18, 2010 -- 11:32 AM ET ----- Dream Act Bill for Illegal Immigrant Students Fails on Senate Vote, 55-41 The Dream Act, a bill to grant legal status to hundreds of
thousands of illegal immigrant students, fell 5 votes short
of being brought to the Senate floor for debate. Read More:
http://www.nytimes.com?emc=na
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Breaking News Alert The New York Times Fri, December 17, 2010 -- 10:42 AM ET ----- Lawyers Reach Deal to Recover $7 Billion for Madoff Victims Federal prosecutors and the trustee liquidating the estate of
Bernard L. Madoff, the convicted swindler, have reached a
civil settlement that will recover at least $7 billion to
compensate victims of Mr. Madoff's global Ponzi scheme,
according to people briefed on the negotiations. An
announcement is expected at noon Eastern time. Prosecutors
have said privately that the settlement is the largest civil
forfeiture in American history. The settlement will conclude the trustee's case against the
estate of Jeffry M. Picower, a Palm Beach philanthropist and
longtime Madoff investor who died in October 2009. The
complaint filed against the estate indicated that Mr.
Picower, who became wealthy investing in medical-technology
companies, had profited hugely from Mr. Madoff's scheme,
drawing out billions more than he paid in. The settlement will greatly expand the funds available to
repay victims of the fraud; before Friday, the trustee had
collected $2.3 billion from other sources. Read More:
http://dealbook.nytimes.com/2010/12/17/big-settlement-with-madoff-investor-near/?hp&emc=na
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Approval of proposal by Caja de Ahorros de Valencia http://www.federalreserve.gov/newsevents/press/orders/20101217a.htm Released by the Board of Governors of the Federal Reserve System Schedule of upcoming postings to the Board's website
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Breaking News Alert The New York Times Fri, December 17, 2010 -- 12:01 AM ET ----- Congress Approves Tax Cut and Jobless Benefits Legislation WASHINGTON -- Congress late Thursday night approved an $801
billion package of tax cuts and $57 billion for extended
unemployment insurance. The vote sealed the first major deal
between President Obama and Congressional Republicans as
Democrats put aside their objections and bowed to the
realignment of power brought about by their crushing election
losses. The bipartisan support for tax deal also underscored the
urgency felt by the administration and by lawmakers in both
parties to prop up the still-struggling economy and to
prevent an across-the-board tax increased that was set to
occur if the rates enacted under President George W. Bush had
expired, as scheduled, at the end of the month. Read More:
http://www.nytimes.com?emc=na
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Board issues enforcement action http://www.federalreserve.gov/newsevents/press/enforcement/20101216a.htm Released by the Board of Governors of the Federal Reserve System Schedule of upcoming postings to the Board's website
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Breaking News Alert The New York Times Thu, December 16, 2010 -- 8:30 AM ET ----- Rejecting Appeal, Judge Orders WikiLeaks Founder Ordered Freed on Bail A London court on Thursday ordered that Julian Assange, the
founder of the anti-secrecy group WikiLeaks, be released on
bail while he fights extradition to Sweden for questioning in
connection with accusations that he broke rape and other
laws. The High Court decision reversed a ruling two days ago to
deny bail. The terms Thursday included strict conditions on
where he may live until another hearing on Jan. 11. Read More:
http://www.nytimes.com/2010/12/17/world/europe/17assange.html?hp&emc=na
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Breaking News Alert The New York Times Thu, December 16, 2010 -- 6:00 AM ET ----- Afghan Report Sees Troop Withdrawal on Schedule for July A review of President Obama's strategy for the war in
Afghanistan concludes that American forces can begin
withdrawing on schedule in July, despite finding uneven signs
of progress, according to a summary made public Thursday. The summary said the United States continues to kill leaders
of Al Qaeda and diminish its capacity to launch terrorist
attacks from the region. It cited some signs that the United
States and its allies have halted or reversed inroads by the
Taliban in Afghanistan and strengthened the ability of Afghan
forces to secure their country, but acknowledged that the
gains are fragile and could be easily undone. Read More:
http://www.nytimes.com?emc=na
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Breaking News Alert The New York Times Wed, December 15, 2010 -- 9:08 PM ET ----- U.S. Tries to Build Case for Conspiracy by WikiLeaks Founder Federal prosecutors, seeking to build a case against the
WikiLeaks leader Julian Assange for his role in a huge
dissemination of classified government documents, are looking
for evidence of any collusion in his early contacts with an
Army intelligence analyst suspected of leaking the
information. Justice Department officials are trying to find out whether
Mr. Assange encouraged or even helped the analyst, Pfc.
Bradley Manning, to extract classified military and State
Department files from a government computer system. If he did
so, they believe they could charge him as a conspirator in
the leak, not just as a passive recipient of the documents
who then published them. Read More:
http://www.nytimes.com/2010/12/16/world/16wiki.html?emc=na
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Agencies seek comment on market risk and Basel II advanced approaches http://www.federalreserve.gov/newsevents/press/bcreg/20101215b.htm Released by the Board of Governors of the Federal Reserve System Schedule of upcoming postings to the Board's website
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Breaking News Alert The New York Times Wed, December 15, 2010 -- 1:43 PM ET ----- Senate Passes Compromise Tax Package, 81-19 The Senate on Wednesday approved the $858 billion tax plan
negotiated by the White House and Republican leaders -- the
first concrete product of a new era of divided government and
acid compromise. The vote was 81 to 19, as Democrats yielded in their long
push to end the Bush-era lowered tax rates for high-income
taxpayers, and Republicans agreed to back a huge economic
stimulus package, including an extension of jobless benefits
for the long-term unemployed and a one-year payroll-tax cut
for most workers, with the entire cost added to the federal
deficit. Read More:
http://www.nytimes.com?emc=na
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Agencies announce final rule to expand scope of Community Reinvestment Act regulations http://www.federalreserve.gov/newsevents/press/bcreg/20101215a.htm Released by the Board of Governors of the Federal Reserve System Schedule of upcoming postings to the Board's website
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G.17 Industrial Production http://www.federalreserve.gov/releases/g17/Current/default.htm Released by the Board of Governors of the Federal Reserve System
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Breaking News Alert The New York Times Tue, December 14, 2010 -- 2:40 PM ET ----- With Growth Sluggish, Fed Keeps Buying Bonds Calling the pace of economic recovery "insufficient to bring
down unemployment," the Federal Reserve announced on Tuesday
that it would move ahead with its plan to buy $600 billion in
government securities through June and would keep its
short-term interest rates near zero. The central bank decided not to waver from its strategy
despite heavy recent criticism and despite indications that
market reaction to the tax compromise forged by the Obama
administration and Republican lawmakers could hamper the
Fed's goal of reducing long-term interest rates. The Fed statement suggested that it remained preoccupied with
the high jobless rate -- which ticked upward nationally to
9.8 percent this month -- and with employers' apprehensions
about hiring. The Fed said it saw little threat of
accelerating inflation. Read More:
http://www.nytimes.com/2010/12/15/business/economy/15fed.html?emc=na
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Board issues enforcement action http://www.federalreserve.gov/newsevents/press/enforcement/20101214a.htm Released by the Board of Governors of the Federal Reserve System Schedule of upcoming postings to the Board's website
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Breaking News Alert The New York Times Tue, December 14, 2010 -- 10:43 AM ET ----- British Court Frees Founder of WikiLeaks on Bail Julian Assange, the founder of the WikiLeaks anti-secrecy
group, was granted bail by a British court on Tuesday after a
week in detention. Mr. Assange, who faces possible
extradition to Sweden for questioning about alleged sex
offenses, was freed on $310,000 bail until the next hearing
in his case, set for Jan. 11. Mr. Assange's case has generated enormous international
interest, with critics vilifying him over the tens of
thousands of confidential military and diplomatic documents
his organization has made public, while supporters depict him
as a hero and martyr. The Obama administration is considering
whether to try prosecuting him in the United States over the
leaked documents. But the criminal investigation in Sweden is
rooted in allegations of personal behavior that have nothing
directly to do with WikiLeaks's activities. Read More:
http://www.nytimes.com/2010/12/15/world/europe/15assange.html?emc=na
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Breaking News Alert The New York Times Mon, December 13, 2010 -- 8:28 PM ET ----- Michael Steele Seeks Another Term as Head of Republican Party Michael Steele announced Monday that he would seek a second
term as head of the Republican National Committee, despite
criticism about both his leadership and fund-raising
abilities. His decision sets off a scramble for the position,
with at least six top Republicans having taken steps to run
for party chairman. Read More:
http://thecaucus.blogs.nytimes.com/2010/12/13/steele-seeks-second-term-to-run-g-o-p/?emc=na
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Breaking News Alert The New York Times Mon, December 13, 2010 -- 7:49 PM ET ----- Richard C. Holbrooke, U.S. Diplomatic Troubleshooter, Dies at 69 Richard C. Holbrooke, the Obama administration's special
representative for Afghanistan and Pakistan since 2009 and a
diplomatic troubleshooter in Asia, Europe and the Middle East
who worked for every Democratic president since the late
1960s, died on Monday night at George Washington University
Hospital in Washington, D.C., an administration official
said. He was 69 and lived in Manhattan. Read More:
http://www.nytimes.com/2010/12/14/world/14holbrooke.html?emc=na
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Breaking News Alert The New York Times Mon, December 13, 2010 -- 4:34 PM ET ----- Tax-Cut Bill Passes 60-Vote Level in Senate, Enough to Advance The Senate on Monday advanced the tax-cut package agreed to
between President Obama and Congressional Republicans,
virtually assuring that the Senate will approve the bill on
Tuesday and send it to the House where Democrats are
threatening to make changes to a provision granting a
generous tax exemption to wealthy estates. The vote in the Senate was not finished, but shortly after 4
p.m. the tally showed more than 60 senators agreeing to end
debate, cut off any filibuster and move to a vote on passage. The majority leader, Harry Reid of Nevada, had agreed to keep
the vote open far longer than usual to allow lawmakers
returning to Washington from the West Coast to make it back
to the Capitol. The vote was 61 to 7, with six Democrats and Senator Bernard
Sanders, the Vermont independent, in opposition. Read More:
http://thecaucus.blogs.nytimes.com/2010/12/13/senate-advances-tax-cut-package/?emc=na
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Breaking News Alert The New York Times Mon, December 13, 2010 -- 12:24 PM ET ----- Federal Judge Invalidates Key Provision of Health Care Law A federal district judge in Virginia ruled on Monday that the
keystone provision in the Obama health care law is
unconstitutional, becoming the first court in the country to
invalidate any part of the sprawling act and insuring that
appellate courts will receive contradictory opinions from
below. Judge Henry E. Hudson declined to freeze implementation of
the law pending appeal, meaning that there should be no
immediate effect of his decision. But the ruling is likely to
create confusion among the public and further destabilize
political support for the law. Judge Hudson wrote that the law's central requirement that
most Americans obtain health insurance exceeds the regulatory
authority granted to Congress under the Commerce Clause of
the Constitution. The insurance mandate is central because
insurers say they cannot afford treatment for expensive
chronic conditions unless healthy people have policies as
well. Read More:
http://www.nytimes.com?emc=na
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Federal Reserve proposes expanded coverage of consumer protection regulations to credit transactions and leases of higher dollar amounts http://www.federalreserve.gov/newsevents/press/bcreg/20101213a.htm Released by the Board of Governors of the Federal Reserve System Schedule of upcoming postings to the Board's website
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Breaking News Alert The New York Times Sat, December 11, 2010 -- 9:20 AM ET ----- Madoff Son Found Dead of Apparent Suicide, New York Police Say According to the New York police, Mark Madoff, a son of
Bernard Madoff, has been found dead in New York City of an
apparent suicide. Mark Madoff and his brother, Andrew, were
under investigation but hadn't faced any criminal charges in
the massive Ponzi scheme that led to their father's jailing. Read More:
http://www.nytimes.com?emc=na
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Breaking News Alert The New York Times Thu, December 09, 2010 -- 8:53 PM ET ----- Obama Weighs Overhaul of Tax Code to Lower Rates and Close Loopholes President Obama is considering whether to push early next
year for an overhaul of the income tax code to lower rates
and raise revenues in what would be his first major effort to
begin addressing the long-term growth of the national debt. While administration officials cautioned on Thursday that no
decisions have been made and that any debate in Congress
could take years, Mr. Obama has directed his economic team
and Treasury Department analysts to review options for
closing loopholes and simplifying income taxes for
corporations and individuals, though the study of the
corporate tax system is farther along, officials said. Read More:
http://www.nytimes.com?emc=na
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Breaking News Alert The New York Times Thu, December 09, 2010 -- 4:13 PM ET ----- Defense Bill With 'Don't Ask, Don't Tell' Repeal Falls Short in Senate The Senate has turned down the attempt to move to final
debate and votes on a defense bill that would repeal "don't
ask, don't tell." The vote was 57-40, three short of the 60
needed. Senator Harry Reid, the majority leader, called a key
procedural vote on repeal of the military's "don't ask, don't
tell" policy despite having failed to reach agreement with
Republicans to proceed. Republicans have indicated that without an agreement about
the number of amendments and the timing of the debate, they
would vote against moving forward to vote on the legislation. Mr. Reid conceded that that the failure to reach an agreement
could doom the effort to repeal the policy, which has been a
key priority for President Obama and gay activists. Read More:
http://thecaucus.blogs.nytimes.com/2010/12/09/senate-vote-under-way-on-dont-ask-dont-tell/?emc=na
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Hi my name is Troy Mcknight and I have a question about your Market America business. I found your information here http://renewables-usa.blogspot.com and I just want to know how is it going? If you are on Facebook let's connect. You can find me on Facebook at www.facebook.com/troymcknightIf you do not have a Market America business I apologize in advance for sending you this email. Thanks, Troy McKnight
Statistical Release
Z.1 Flow of Funds Released by the Board of Governors of the Federal Reserve System
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Board issues enforcement action http://www.federalreserve.gov/newsevents/press/enforcement/20101209a.htm Released by the Board of Governors of the Federal Reserve System Schedule of upcoming postings to the Board's website
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