Word: billing
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Economist Heidi Shierholz of the Economic Policy Institute says the economy has lost 6.7 million jobs since the beginning of the recession and that the stimulus bill thus far has generated 750,000 jobs. But in addition to the nearly 7 million jobs lost, the national economy has failed to add the 127,000 jobs per month needed to keep up with population growth. "The real employment hole is 9.1 million jobs," says Shierholz. "The stimulus bill is great, but it will only generate 3 to 4 million jobs. Now that we can see how dramatically things have deteriorated...
...Congress met frequently in the summer months, particularly during both world wars. Since 1970 the August break has been congressionally mandated, but exceptions are still made in times of war or to wrap up unfinished business. In 1994, Congress reluctantly worked through August to pass President Clinton's crime bill...
Clinton ended up as Obama's Secretary of State, so on Aug. 3, her husband Bill--no slouch in the high-stakes-diplomacy department--flew to Pyongyang to execute Obama's strategy. On Aug. 4, after meeting with Kim, he took Lee and Ling home to California...
Meticulous and ever more mysterious as his fame grew, Madoff hawked his investment fund to a largely Jewish clientele, eventually sucking in large European banks too. Promising unwavering 10%-to-12% returns whatever the market, Madoff became known as "the Jewish T-bill," as in risk-free. Of course, there was no investing. For more than two decades, he used an ever larger stream of money from new investors to pay off earlier ones. His résumé supplied a perfect cover: former head of Nasdaq, a tech wizard who brought computerization to Wall Street...
...something that's simply a taxpayer-subsidized system that wasn't accountable, but rather had to be self-sustaining through premiums and that had to compete with private insurers." Under this definition, a cooperative arrangement, of the type being talked about by the Senate Finance Committee, might fit the bill by providing an alternative to purely private insurance. When I asked whether this sort of arrangement, modeled on private business organizations like rural cooperatives, might be an acceptable alternative to the public option that has become an ideological hot button, he said, "I think in theory you can imagine...