Tuesday, April 1, 2014

READING FOR THE WEEK (April 1, 2014).


The federal government is suing Sprint for overcharging law enforcement $21 million for expenses it incurred for investigative wiretaps (Reuters).

California is the only oil producing state in the nation that does not have an oil severance tax (applied when it comes out of the ground). This article explains why it's time to change this (Capitol Weekly).

Talking about 'Cesar Chavez' is labor of love for foundation director (Orange County Register).

Senate Republicans block Cesar Chavez resolution, again (Politico).


OBAMACARE
Obamacare numbers coming in huge: Here's a guide to the GOP's excuse-making (Michael Hiltzik / LA Times).

President George H.W. Bush's Secretary of Health and Human Services says that Obamacare resembles the plan crafted by him and other Republicans in the early 1990s (Center for Public Integrity).

More than 7 million sign up for Obamacare by March 31st deadline (Washington Post).

Sebelius: 80-90 percent of Obamacare enrollees have paid a premium (Washington Post).


SERIOUSLY, OUR MARKET PLAYERS (AND MARKETS) ARE MESSED UP
Inspector General says that government officials handed Comerica millions for problem-plagued credit cards that Comerica administered (Center for Public Integrity).

Court case uncovers step-by-step manual explaining how attorneys can fake foreclosure papers on demand (New York Post).

Nuts and bolts behind the next market collapse: the market players have gotten bigger, their bets have gotten bolder (CLO's?), and there's no real punishment (Alternet).

The golden hammer fallacy of neoliberalism (Another Angry Voice).


INHERITED WEALTH ... SOCIETY'S POISON
Seven reasons why inherited wealth is a poison on society (Alternet).

Du Pont heir who raped his 3-year-old daughter won't do prison time (Alternet).


CHRISTIAN RIGHT HAS SOME 'SPLAININ TO DO ...
Oops ... Bible thumping Hobby Lobby's 401(k) invested in numerous abortion and contraception products while claiming religious objection to contraception for women (Mother Jones).

What the hell is wrong with these people? Christian school bans tomboy for "direction she's heading" (ABC News).

Here's the 10 weirdest things the Christian Right thinks will turn your kids gay (Alternet).

Do you need to believe in God to live a moral life? Not really. Atheists make up .07% of the prison population (Alternet).


CONSERVATION (What real Conservatives do)
Ten extreme tiny homes (HGTV Remodels).

This German solar city produces 4X the energy it consumes (Inhabitat).

Tiny 221 ft. home offers off the grid luxury living for just $33k (Inhabitat).


CORPORATIONS HOARDING CASH
U.S. corporations are hoarding $1.5 trillion in cash? It's not what you think (Daily Finance).

Hedge fund investor David Einhorn sued Apple essentially because it was hoarding over $137 billion in cash (which is bigger than Intel's entire market value) instead of making new investments or disbursing it to shareholders (DealB%k / NY Times)


MISCELLANEOUS
VP Biden disagrees with Nobel Laureate Paul Krugman on one aspect of the minimum wage argument (Forbes).

The most honest and heartbreaking reason to leave your front door unlocked (Upworthy).

If you thought the "bridge-to-nowhere" was bad check this out (Bankrupting America).

- Mark 

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