As Democrats close in on their goal of overhauling the nation’s financial regulations, several prominent experts say that the legislation does not even address the right problems, leaving the financial system vulnerable to another major crisis.
WASHINGTON — The oil spill in the Gulf of Mexico is bad — no one would dispute it. But just how bad?
NASHVILLE — Parts of downtown Nashville were evacuated Monday as the rising Cumberland River, swollen by two days of drenching thunderstorms, flowed into streets near the country music joints and honky-tonk bars that have made the city a tourist attraction.
The birth control pill, whose 50th anniversary is being celebrated this month, helped turn countless girls into women and boys into men. But a little-told part of the pill’s history is that it also helped bring about the adulthood of the Food and Drug Administration itself.
ALBANY — Gov. David A. Paterson announced on Monday that the state would accelerate consideration and granting of pardons to legal immigrants for old or minor criminal convictions, in an effort to prevent them from being deported.
The National Weather Service in Taunton has declared this week as severe weather preparedness week in southern New England, and will be issuing informational statements each day of this week on their website. On that note, it is important to be aware of severe weather in the Boston area, which does occur in the summer months. Commonly, lighting, hail, tornadoes, and flash flooding are associated with severe weather. On days in which conditions are favorable for the development of severe thunderstorms or tornadoes, the Storm Prediction Center in Norman, OK issues a watch.
UNITED NATIONS — The United States and Iran used the U.N. General Assembly’s famous green marble podium Monday to trade punches over the Islamic republic’s nuclear program, adding sudden drama to the normally staid opening of the international conference to review the Nuclear Non-Proliferation Treaty.
Though byzantine on paper, at its heart, the Senate financial reform bill of Chris Dodd’s (D-CT) is sweet and simple. We will expand the resolution authority of the Federal Deposit Insurance Corporation so that it will be able to do more than simply place small-to-mid-sized banks in federal receivership.
Ladies and Gentlemen, add British Petroleum to your list of gas stations to avoid. While “Beyond Petroleum” had some success with a massive rebranding campaign that briefly convinced the public that the petrochemical giant was greener than Greenpeace (see a troubling 2008 UK study), the ongoing Gulf of Mexico spill will surely smear its green, floral logo.
Baseball Saturday, May 1 vs. Trinity CollegeL 6-3 vs. Trinity CollegeW 7-2 Sunday, May 2 vs. Worcester St. CollegeW 7-3 Men’s Lacrosse Saturday, May 1 vs. Clark UniversityW 10-7 Women’s Lacrosse Saturday, May 1 at Babson CollegeL 16-7 Men’s Track and Field Saturdady, May 1 New England Division III Championship2nd of 25 Women’s Track and Field Saturdady, May 1 New England Division III Championship2nd of 25