Home / Archived For December 2014
Wednesday, December 31, 2014
Wednesday, December 24, 2014
Thursday, December 18, 2014
New York bans fracking Due to Health Risks
Frack fracking New YorkGovernor Andrew Cuomo's administration made public on Wednesday that New York will be imposing a state-wide ban on hydraulic fracturing, because of numerous potential health risks.
According to New York Environmental Commissioner Joseph Martens he will be issuing an order early 2015 that will ban fracking, which has been under a moratorium since 2008. Currently, only one state bans fracking which is Vermont.
Fracking is a process of pumping water, sand and chemicals into a well to extract oil or gas. Some states say that fracking is a key economic resource while others said it was too dangerous both to environment and health of the people living nearby.
Howard Zucker New York health commissioner said, "The potential risks are too great, in fact not even fully known, and relying on the limited data presently available would be negligent on my part."
New York is located on top of a portion of the Marcellus shale, one of the largest natural gas deposits in the United States.
Friday, December 12, 2014
Obama Asks Senate to approve $1.1 trillion spending bill
Hannity spending billSenate Majority Leader Harry Reid (D-Nev.) said that the bill is a compromise, and there are colleagues that are not happy with it and they will have a chance to make their objections heard. He added that the senators would vote on the final deal Monday. The bill will continue funding the government up to September 2015, Homeland Security agency is not included since it is funded until February 27.
Fox News Sean Hannity was livid about the passing of this bill he is particulary mad at House Speaker John Boehner's (R-Ohio) for his support of this bill.
Hannity said: "This measure did not sit well with a number of conservatives, including me." "$ 2.5 billion for illegal immigrants and Obamacare is funded through the fiscal year, that's a conservative speaker? I don't think so. It's a sad day that John Boehner doesn't realize that there was an election. The people have spoken ... John Boehner has disrespected all the people who voted for all those Republicans tonight."
He even relate Jonathan Gruber (Obamacare consultant who said the American voters are stupid) to Boehner, "John 'Gruber' Boehner ... John Boehner 'Grubered' conservatives tonight. And by that I mean the conservative base in particular." " We've got our own Gruber. It's John Boehner. Boehner is Gruber. He's full of it."
Republicans will take control of the Senate next month.
Saturday, December 6, 2014
U.S. Economy Added 321,000 jobs in November
business employment headlines jobs labor marketEmployment numbers are stronger than expected in November as the U.S. economy created 321,000 jobs. Experts and economist was expecting 230,000 increase. The U.S. Labor Department said in a report Friday that businesses have added 321,000 jobs in November. This is the biggest hiring increase in nearly 3 years.
However the unemployment rate was unchanged at 5.8%, and the people who are unemployed is now at 9.1 million. The people who are unemployed for 27 weeks or more in November is at 2.8 million.
November is the 10th month that the economy has added 200,000 jobs, but it must add at least 250,000 jobs on average monthly to keep pace with population.
The bad news is, 6.9 million people who are working are employed part-time since they cannot find full-time job.
However the unemployment rate was unchanged at 5.8%, and the people who are unemployed is now at 9.1 million. The people who are unemployed for 27 weeks or more in November is at 2.8 million.
November is the 10th month that the economy has added 200,000 jobs, but it must add at least 250,000 jobs on average monthly to keep pace with population.
The bad news is, 6.9 million people who are working are employed part-time since they cannot find full-time job.
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