So this is where the Roberts Court draws the line on civil liberties: warrantless, forced blood tests. The Supreme Court heard arguments Wednesday in Missouri v. McNeely, on whether someone arrested for drunk driving can be forced to provide blood samples without consent or a warrant.
Missouri’s top court had unanimously rejected a argument by the state that there should be a categorical exception to the Fourth Amendment warrant requirement in all DWI cases. And it looks as though the highest court in the land will go the same way.
Four years after the financial crisis, and two years after "financial reform," top bank executives are still allowed to serve on the boards of regional Federal Reserve banks—institutions that are partially responsible for regulating the financial industry. People like Jamie Dimon, the JP Morgan Chase CEO whose term at the New York Fed just ended, have influence over whether banks get bailed out by taxpayers when they screw up. Dimon was on the New York Fed board during the 2008 financial crisis, and his bank got over $390 billion in low-interest emergency bailout loans from the Fed.
If liberal Senator Bernie Sanders (I-Vt.) has his way, all that may soon change.
Sanders announced Wednesday that he will reintroduce legislation to forbid financial industry executives like Dimon from sitting on any of the 12 regional Fed boards of directors.
The Telegraph reports that the politically connected industrialist Jiang Mianheng is bankrolling a $350 million project at China's National Academy of Sciences to develop thorium power, which would be used to fuel molten-salt reactors, as opposed to old school uranium-fueled water reactors, and which would be much cleaner and meltdown-safe.
Conservativewebsites have been giddy in recent days because the fiscal deal President Barack Obama just signed repeals a piece of Obamacare—a long-term care program for the disabled that even the administration admits was not cost effective. But another section of the Affordable Care Act bit the dust at the same time, and consumers who will soon be required to purchase health insurance (i.e. everyone) should be none too happy about it.
The ACA established a federal loan program to subsidize nonprofit CO-OPs (consumer oriented and operated health insurance plans) so that these plans could participate in the new online health insurance exchanges with traditional plans. The goal: increasing competition and reducing costs for consumers. Half of the $3.8 billion allocated for the program has already been doled out to 24 nonprofits in 24 states, but the remaining $1.9 billion was slashed in the recent tax-cut deal.