econintersect.com
       
  

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.



What We Read Today 14 December 2014

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary "reading list" which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for "reading list" items are gratefully reviewed, although sometimes space limits the number included.

Senate approves $1.1 trillion spending bill (Ed O'Keefe and Sean Sullivan, The Washington Post) The Senate approved the omnibus appropriations bill already passed by the House which will fund most of the government until the end of September when fiscal 2015 closes.  The Saturday night vote was taken after attempts by a group of Conservatives led by Ted Cruz (R,TX) to delay voting failed.  The group had wanted to tie passage of the bill to imposition of limitations on President Obama's recent executive order on immigration.  The final vote was 56-40 (Yea = 31 D, 1 I, 21 R and Nay = 21 D, 1 I, 18 R).

What the $1.1 trillion spending bill contains (Rebecca Shabad, The Hill)  The appropriiation bill just passed reverses key provisions of the Dodd-Frank act pertaining to restrictions on banks investing in derivatives.  It also removes restrictions that limited what donors can give to political candidates and parties.  So banksters have more freedom to gamble and to bribe politicians.  Great!  There are several other riders attached to the legislation which are described in the article.


Lawmakers unhappy with Cruz's strategy (Scott Wong, The Hill)  One thing that Republicans are unhappy about is that, because Ted Cruz managed to keep the Senate open over half of the weekend, the Democrats were able to put through a number of President Obama's nominees that would otherwise have waited for votes until the new Congress with a Republican majority in the Senate was installed.  It had been the Republican strategy to do just that.


Clouds fill Grand Canyon in rare weather event (Associated Press, MSN News)  How much fog do you need before you call the event a cloud?  How about a mile high fog.  Does it ever rain in the bottom of the canyon when there is such a fog/cloud event?  We have heard it said that the Grand Canyon can make its own weather.  Since vinyardists arrange water features near hillsides to create microclimates optimal for their vines, we guess that the "weather" in the Grand Canyon, which is far too big to be called a microclimate, should we call it a "miniclimate"?  We suggest that, since the canyon is grand, it be called at least a "midiclimate".  Would "maxiclimate" would sound too pretentious?

Click for three view slide show at MSN.
grand-canyon-clouds-600x360

Articles about events, conflicts and disease around the world

Ferguson and Related News

NSA / CIA

Ebola

Sudan

Iraq

Iran

Russia

Afghanistan


Do not miss "Other Economics and Business Items of Note", the final section every day.

Please support all that we do at Global Economic Intersection with a subscription to our premium content "behind the wall".

There are between 75 and 100 articles reviewed most weeks. That is in addition to the 140-160 articles of free content we provide.

You get a full year for only $25.




The rest of the post is for our premium content subscribers - Click here to continue reading. If you have forgotten your login or password - send an email to info at econintersect.com.










Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, using Livefyre just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.



You can also comment using Facebook directly using he comment block below.





Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.






Econintersect Behind the Wall



search_box

Print this page or create a PDF file of this page
Print Friendly and PDF


The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.


Take a look at what is going on inside of Econintersect.com
Main Home
Analysis Blog
The Surprising Pevalence of Surprises in Export Specialisation
The Destruction of the Existing Workforce
News Blog
Badass Grandpa Tokyo Drift!
Hurricane Matthew Clocks Top Wind Speed For 2016 At 101 MPH
Consumer Debt Growth May Have Stalled In Q3
Measuring Americans' Expectations Following The 2016 Election
Infographic Of The Day: Seven Negotiation Techniques
Early Headlines: Asia Stocks Mixed, Europe Lower, Oil And Dollar Down, US Oil Production Climbs, EM Bonds Pain Coming, No Trump Tax Returns, Syria Peace Talks Without US And More
Most Read Articles Last Week Ending 21 January
Why Hospitals Have Got It Wrong When It Comes To Antibiotic Resistance
The Rise Of Music Streaming Continues
60% Of Primate Species Now Threatened With Extinction, Says Major New Study
Most Attendees At Davos 2017 Come From The U.S.
What We Read Today 22 January 2017
Redneck Inventions
Investing Blog
Market And Sector Analysis 22 January 2017
Stock Market Bubble Now Second Largest Of Past 100 Years
Opinion Blog
Trumping World Trade
Retailing In America: Bricks And Torture
Precious Metals Blog
A Slow Start For The Week Would Be Constructive For Gold
Live Markets
23Jan2017 Market Close: Wall Street Down, But Pairs Morning Losses By The Closing Bell, Crude Rises Back To Normalcy And The US Dollar Nears Slipping Below 100
Amazon Books & More






.... and keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government































 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved