Former Federal Reserve chairman Paul Volcker, Oregon U.S. Sen. Jeff Merkley and Michigan U.S. Sen. Carl Levin are American heroes who won a long battle to severely restrict the risky trading activities among banks protected by such government guarantees as deposit insurance and access to emergency loans.
It’s been a strong year for sales tax collections, a sign that New Jersey’s economy is beginning to recover. The state collected 3.8 percent more in fiscal year 2013 than in the previous year. The first quarter of the new fiscal year was even better, with sales tax revenues up a robust 11 percent. And revenues from holiday spending are still rolling in!
by Robert A. Brown ‘Tis the season to “Let Go! Let God! Give Patience and Peace a Try.” The years have brought about many conflicts in our lives which never seem to fade away. The old grudges, family feuds and…
I have so much to be thankful for. I’m thankful for my family, my friends and most importantly, the fact that I’m alive today to enjoy them. In 2008, at the age of 49, I collapsed on the side of the road suffering from sudden cardiac arrest. A high school sophomore saved my life by acting fast and starting cardiopulmonary resuscitation (CPR), which he had learned in school just weeks prior.
Congressional budget negotiators are moving to meet a December 13 deadline to produce, well, something. For weeks, we’ve been told to keep expectations low. There’ll be no “grand bargain,” negotiators say. Commentators believe that even the narrowest agreement will be a signal achievement. So here’s my question: Doesn’t that seem like an awfully low bar to you?