Thought you were done with health-care debates? Think again. With the rollout of the new state exchanges Tuesday, health care will be back front and center.
If you had the good fortune to have lived under a rock the past couple weeks, you may be unaware that on Tuesday, October 1, the Health Insurance Marketplace, better known as exchanges, will open.In order to understand what these exchanges are and why everybody is making such a fuss, here is a quick guide to what will happen Tuesday.(1) What is the Health Insurance Marketplace?One of the major goals of the Affordable Care Act (a.k.a. Obamacare) was to achieve universal access to health care.
By even suggesting that the United States might default, the full faith, honor, and credit of the country has become an ideological football, says one of America’s top CEOs.
No matter what your political beliefs or your views on the Affordable Care Act, if you are a decent person, you believe in paying your bills. If you use a credit card, you make your payments every month. Same as you do with a mortgage. At least, the vast majority of us do, and there has never been any question about our collective representative—the United States government—paying its bills on time and in full.Not anymore. Today, the honor, trust, and credibility of our government’s ability and willingness to pay its debts is being used as an ideological football in the House of Representatives.
For the first time in 17 years.
It's really happening. As of midnight Tuesday, the federal government has shut down after Congress failed to pass the spending bill. The Office of Management and Budget directed executive agencies to shut down just before midnight on Monday. The memo read: "We urge Congress to act quickly to pass a Continuing Resolution to provide a short-term bridge that ensures sufficient time to pass a budget for the remainder of the fiscal year, and to restore the operation of critical public services and programs that will be impacted by a lapse in appropriations." Still, Obama reassured that Obamacare is still in effect. From the president's Twitter account: "'The Affordable Care Act is moving forward. You can't shut it down.' —President Obama #Obamacare"
Signed last-minute bill.
Here's something everyone can agree on: the need to pay our service men and women abroad when the government goes dark. On Monday night, President Obama signed a last-minute bill ensuring the armed forces and civilian employees of the Defense Department and Pentagon will continue to get paid when the shutdown is set to go into effect at midnight. It was approved by the House and approved by the Senate earlier without dispute—a near-miracle in the current political climate.
Say they were fired for being Muslim.
Shams Uddin and Shamiha Mitwally, two former Sears cashiers, are suing the company for discrimination, claiming they were fired from their jobs at a Connecticut Sears store because they are Muslim. Mitwally is also alleging that she was assaulted by an assistant manager who yelled threateningly in her face, but did not hit her. Both Uddin and Mitwally were fired last month for giving customers discount coupons, even though they claim some of their coworkers did the same thing. "I suspect there was a relatively new person working there in a position of power who is prejudiced against Muslims," said their lawyer, Anthony Macri, noting that his clients had been "generally mistreated while on the job, especially during the last couple months."
As soda loses its popularity in the developed world, Apple bumps Coca-Cola out of its top spot.
By Katy BarnatoApple was named the world's most valuable brand on Monday, taking the fizz out of Coca-Cola's 13-year run at the top of a closely followed annual survey.The soft drink giant slipped to third place, behind Apple and Google, in this year's Interbrand survey of the most valuable brands, based on a number of factors including the company's financial performance."Every so often, a company changes our lives, not just with its products, but also with its ethos.
First time since 1979 revolution.
Wow, that must have been one powerful phone call. Iranian President Hassan Rouhani has asked for a study into resuming direct flights between his country and the U.S., which have not occurred since the 1979 revolution. The groundbreaking move comes just days after a phone call between Rouhani and U.S. President Obama, the first direct contact between nations. Rouhani’s ultimate goal is to ease Western sanctions over Iran’s nuclear program, but it appears he is willing to expand contact between nations.
It’s a down day, but as the government shutdown looms, Wall Street isn’t freaking out yet. Daniel Gross on why the markets may be waiting for Boehner and the fractious Republicans to blink.
It began Sunday afternoon East Coast time. As prospects of a government shutdown grew more likely, stock markets in Asia began to fall. As daylight moved from east to west, so too did the red arrows on stock markets. This is the way the global financial system processes dysfunction in America.Japan fell out of bed, postings “its biggest drop in six weeks,” according to Reuters, based in part on “growing concerns over a possible U.S. government shutdown.
Seventy-four missing in China.
Vietnam ordered the evacuation on Monday of 58,000 people from central coastal areas as the nation braced for a powerful typhoon that already sank three fishing boats in the South China Sea. Seventy-four Chinese fisherman were declared missing, China’s state-run news agency Xinhua reported, and 14 had been rescued. Typhoon Wutip is the 10th storm to hit Vietnam this year, and storms and floods have already killed 22 people. Wutip, with winds of up to 149 kilometers per hour, is expected to hit Vietnam on Monday and head toward Thailand on Tuesday.
Asia shares already open low on threats.
This is just what the economy needs to fully recover. The shutdown could cost the Washington area up to $200 million a day—and that’s not even counting the losses when all the tourist sites are closed, local economists said Sunday. More than 700,000 jobs in the Beltway are likely to be affected, coming just months after 26,500 jobs were affected by the sequester in August. “This is serious,” said economist Stephen Fuller. “For the Washington area, this is a tsunami.” In addition to the government contracts directly affected and national tourist sites shut down, federal agencies such as Social Security will not be able to process any new applications and basic agencies for the city, like trash collection, will be halted. Asian markets already took a hit Monday on fears of the shutdown.
With an Ohio Walmart hosting a holiday food drive for its own workers, The Daily Beast's Michael Tomasky criticizes the notoriously stingy company for not paying them more.
Cellphones and smartphones have made voyeuristic upskirt photos ubiquitous. Sadly, the laws protecting women from such invasions still vary from state to state.