On a panel at an ideas conference in New York City, Rattner noted that before the financial crisis began in 2008, Wall Street was the "global leader in finance. ... But of course, it got out of control."
Originally published on Tue April 17, 2012 1:42 pm
If you've ever had a bacterial infection like staph or strep throat, your doctor may have prescribed penicillin. But if you've had the flu or a common cold virus, penicillin won't work. That's because antibacterials only kill bacteria, and both the flu and the common cold are viruses. So for illnesses like the flu, doctors prescribe antiviral drugs, which target the mechanisms that viruses use to reproduce.
The "summit scandal" continues to grow, judging from this story just posted by Reuters:
"Twenty or 21 women were brought back to the hotel in Colombia by U.S. Secret Service agents and members of the U.S. military in an incident last week involving alleged misconduct with prostitutes, U.S. Senator Susan Collins said on Tuesday."
Originally published on Tue April 17, 2012 9:26 am
Food stamps have long been a favorite whipping boy of politicians looking to beat up on government spending. But the massive food-assistance program does help keep people out of poverty, according to new research.
Food stamp benefits led to a decline of 4.4 percent in poverty from 2000 to 2009, according to a new report from the USDA's Economic Research Service.
Originally published on Wed April 18, 2012 4:30 pm
For those who can't get enough of polls about the presidential election, Gallup has fired up its "daily tracking" survey that will follow the levels of support for President Obama and presumed GOP nominee Mitt Romney.
Likely GOP presidential nominee Mitt Romney is reaching out to a segment of the Republican base that has given him trouble in this year's primary season: the Tea Party. On Monday night in Philadelphia, he spoke to activists from Pennsylvania, New Jersey and Delaware, and what might have been a tough crowd turned out to be just the opposite.