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However, Piper Jaffray analyst Robert Napoli says it's merchants - not consumers - who will benefit from lower fees. "To suggest that American consumers could have saved $125 billion is very misleading," he says. "Interchange fees are paid by the merchant, and there have been studies done in Australia that said that consumers have not saved a penny by lowering interchange rates - that the merchants have not reduced prices...
...result, there must be reform in the future in order to keep up with changes in how we receive health care. You cannot say the same for climate-change policy. If we fail to act now, there is substantial scientific evidence that we may not get another chance. Estimates suggest that if we surpass the two-degree Centigrade limit adapted by the G-8 this summer, 20-30 percent of species could go extinct and more than 1.5 billion people worldwide could face major water shortages. While health care is important, it cannot be the only priority of the Obama...
...Waxman-Markey Bill, which the House passed in July, is a strong step in the right direction. But much of the public momentum behind the bill stalled after it was sent to the Senate and health-care debates took over. This is not to suggest that people have completely forgotten Waxman-Markey. Power companies and other opponents of the bill have quietly continued to lobby for lower restrictions and decreased stringency in the proposed cap-and-trade system. An op-ed in the Philadelphia Inquirer over Labor Day lambasted the bill for the supposed job losses it would cause...
...than act the invisible accomplice to her husband’s efforts, Bruni’s refusal to paper over her colorful past and insistence on taking on ambitious social projects in the present have made her the scandal du jour around many a wine cooler. Yet poll results suggest the tides are turning. Bruni’s insistence on maintaining her self-identity has grudgingly won over the nation’s citizens—90 percent now deem her “elegant and modern...
...also suggest that dorm residents check their water before doing laundry because the discolored water may stain clothes. If you would like to know when the hydrants are being tested in your area, please review the schedule shown below or call the FMO Fire Safety Services at 617- 496-4075 for daily test locations. If you have any questions on water quality Jim Cullity...