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...card's interest rate be jacked up, out of the blue, for no apparent reason? You're not alone, and a new law hopes to cut down on such unsavory practices. The Credit Card Accountability, Responsibility and Disclosure Act, signed by President Obama in May 2009, went into effect last fall. Many of the provisions, however, are finally taking hold on Monday, Feb. 22. This latest step in a three-part rollout will continue the Obama Administration's quest to eliminate predatory lending by banks and make the overall process of using and paying off credit cards much more transparent...
...last week's annual Conservative Political Action Conference (CPAC), where thousands of conservative activists packed into a cavernous Washington hotel, the mood was bright and the confidence overflowing. Veteran operatives, grizzled reporters and scores of young political field troops joining the fray for the first time all saw the same thing during three days of bold body language and zinging speeches: that the right, only recently declared to be on its last legs, is on the march. There was a buoyant certainty among the faithful that President Obama will score no major legislative victories in 2010, that Republicans will rout...
...almost daily basis, the Republican minority - just 41 Senators - stops bills from even coming to the floor for debate and amendment," Democratic Senator Tom Harkin wrote recently in the Huffington Post. "In the 1950s, an average of one bill was filibustered in each two-year Congress. In the last Congress, 139 bills were filibustered. The Republican abuse of the filibuster is unprecedented, routine, and increasingly reckless." (See 10 embarrassing things that didn't stop Americans from getting elected...
...been more than two decades since the last time we saw the majority actually make the minority put up or shut up on a filibuster. In 1988, while attempting to shut down a Republican filibuster of campaign finance reform legislation, then majority leader Robert Byrd even went so far as to invoke a power that hadn't been used since 1942: he dispatched the Senate sergeant-at-arms to arrest missing Senators and escort them to the floor. Oregon's Bob Packwood was carried onto the floor at 1:19 a.m., after a scuffle in which he attempted...
...long crippled by chronic political and natural catastrophes. And experts say it will take far more than just new agribusiness, especially housing and manufacturing, to make the relocation plan anything besides a pipe dream. But Bellerive - who along with the head of state, President René Préval, last week hosted Nicolas Sarkozy in the first ever visit to Haiti by a French President - sees an unusual air of cooperation between Haiti and the international community now. That, he hopes, will create "more efficiency" in the rebuilding process. "Efficiency is something that has never really been tried before...