Peter Buffett’s Very Public Takedown of His Father, Warren

"Early on in our philanthropic journey, my wife and I became aware of something I started to call Philanthropic Colonialism. I noticed that a donor had the urge to 'save the day' in some fashion. People (including me) who had very little knowledge of a particular place would think that they could solve a local problem. Because of who my father is, I’ve been able to occupy some seats I never expected to sit in. Inside any important philanthropy meeting, you witness heads of state meeting with investment managers and corporate leaders. All are searching for answers with their right hand to problems that others in the room have created with their left." Continue reading

Continue ReadingPeter Buffett’s Very Public Takedown of His Father, Warren

State Department has hired agents with criminal records, memo reveals

"The State Department has hired an alarming number of law-enforcement agents with criminal or checkered backgrounds because of a flawed hiring process, a stunning memo reveals. The background problems are severe enough that many of the roughly 2,000 agents in State’s Bureau of Diplomatic Security can play only limited roles in agency efforts to police bad conduct and prosecute wrongdoers. The problems in the bureau are the latest revelation in an exploding scandal that also involves accusations that members of former Secretary of State Hillary Rodham Clinton’s security detail and those of the US ambassador to Belgium solicited prostitutes overseas." Continue reading

Continue ReadingState Department has hired agents with criminal records, memo reveals

Federal appeals court rejects Texas, Wyoming challenge to EPA ‘greenhouse gas’ regulations

"A federal appeals court on Friday rejected a legal challenge by Texas and Wyoming to the U.S. Environmental Protection Agency’s efforts to implement greenhouse gas regulations. A three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit, split 2-1, said that the states did not have standing to sue, while rejecting related claims made by industry groups." Continue reading

Continue ReadingFederal appeals court rejects Texas, Wyoming challenge to EPA ‘greenhouse gas’ regulations

FDA finally releases draft of new food import safety rules

"Importers would be accountable for verifying with their foreign suppliers that certain food safety standards are being met. Under current conditions, U.S. food safety inspectors examine food coming into the country but are able to inspect only a small percentage for potential problems. Importers have a market interest in ensuring the safety of the food they bring in, but currently are not required to mandate that their suppliers meet certain standards. Under the new rules, importers would be required to maintain records verifying that their foreign suppliers have met standards for the production of the food coming into the country. Importers would undergo audits." Continue reading

Continue ReadingFDA finally releases draft of new food import safety rules

FATCA: ‘Simple premise’ gone terribly wrong

"Most Americans living outside the U.S. are not 'tax cheats,' 'tax evaders' or 'traitors' though they are often characterized that way in the media or even by members of Congress. Instead, they are honest, productive, contributing residents of other countries, which they call home. In many cases, they are also citizens of those countries. President Obama and members of Congress, how did the 'simple premise' of 'cracking down on illegal tax evasion and closing loopholes' become an attack on financial lives and personal integrity of millions of people living outside United States, their banks and laws and constitutions of their countries of residence?" Continue reading

Continue ReadingFATCA: ‘Simple premise’ gone terribly wrong

Marijuana ad pulled from jumbotron at NASCAR Brickyard 400

"The Marijuana Policy Project said in a news release that Grazie Media, the company that owns the huge billboard at the entrance to the raceway, had approved the content of the ad and accepted payment for it. The ad was supposed to air over the weekend. The Drug Free America Foundation, Inc. had complained that the ad promoted drug abuse. Though 19 states and the District of Columbia have legalized the medical use of marijuana, Indiana has not. The ad noted that smoked marijuana contained no calories, didn’t result in hangovers or overdoses, and wasn’t linked to violent behavior." Continue reading

Continue ReadingMarijuana ad pulled from jumbotron at NASCAR Brickyard 400

U.S. Postal Service hopes to be the ‘cutting edge of functional fashion’

"Watch out Versace and Chanel. Next year the US Postal Service plans to start selling its own clothing range, based on its uniforms. There was a time when your local post office would mainly sell stamps and deliver letters. No longer. According to the Universal Postal Union (UPU), global letter- and light parcel delivery volumes dropped by 3.7 percent in 2011 from a year earlier, and by 5.1 percent when just counting Europe and the former Soviet Union. USPS tripled its losses in 2012, losing $15.9 billion as the state-owned enterprise faces tough competition and what it calls onerous and unfair retirement funding requirements." Continue reading

Continue ReadingU.S. Postal Service hopes to be the ‘cutting edge of functional fashion’

Holder Says: “Don’t Stand Your Ground. Run.”

"The main victims of violence from gangs and thugs in the United States are residents of the inner cities. Here, police protection is minimal. Here, people either stand their ground or get run over by thugs. But such talk, in Holder’s view, rejects common sense. There is no need for laws protecting victims of thugs and criminals when the victims defend themselves. The public should wait patiently for the police to intervene. Meanwhile, if they are upset with thugs, they can always run. Problem: when you are facing an armed teenager, you probably can’t outrun him. Or maybe your wife can’t." Continue reading

Continue ReadingHolder Says: “Don’t Stand Your Ground. Run.”

America’s best educated kids don’t go to school

"Brian Ray, president of the National Home Education Research Institute, compared home schoolers and public school students on the results of three standardized tests for the 2007-2008 academic year. With public school students at the 50th percentile, home schoolers were at the 89th percentile in reading, the 86th percentile in science, the 84th percentile in language, math, and social studies. Socio-economic factors may have a lot to do with why home schoolers do so much better. Virtually all have a mother and a father who are living together. Nearly two thirds of fathers and 62 percent of mothers have a bachelor’s degree or higher." Continue reading

Continue ReadingAmerica’s best educated kids don’t go to school

Wisconsin town to charge parents $114 fine if child accused of bullying

"Parents in Madison, Wisconsin suburb of Monona will soon face fines if their kids are the subject of repeat complaints about schoolyard bullying. The local ordinance, passed by Monona officials on May 20, provides for a $114 fine within 90 days after a written notice about their child’s behavior. The fine increases to $177 for each repeat instance within one year of the first violation. Officials told the paper that the ordinance was not taken up in response to any specific problem children. The ordinance appears to be the first of its kind anywhere in the nation. It also covers cyber bullying through social media and text messaging." Continue reading

Continue ReadingWisconsin town to charge parents $114 fine if child accused of bullying