Friday, February 8, 2008

The United States House of Representatives has passed the bipartisan US$152 billion economic stimulus package that gives one-time rebates to United States citizens, US$600 for individuals or US$1,200 for couples plus US$300 for each child. US$300 checks would be sent to people on low-income including retirees on Social Security which was not included in the original bill backed by President George W. Bush. The plan would begin to decrease rebates for citizens with taxable incomes of US$75,000 for individuals and US$150,000 for couples. The checks would go out to more than a 130 million Americans according to Treasury secretary Henry Paulson.

The House overwhelmingly approved the more broad Senate amended bill which included the low-income portion mentioned above along with provisions that would keep illegal aliens from receiving a rebate check. Despite some opposition from some Congressmen, such as John B. T. Campbell III of California’s 48th congressional district, the plan passed overwhelmingly 380–34.

Campbell called the plan “wealth redistribution” and noted it did not have safeguards to prevent illegals from receiving these rebates and also claimed that stimulus plan would increase the deficit more and noted the cause of the looming recession was because of “credit problems.”

The United States Senate voted hours earlier on the bill which passed in the Senate, 81–16. after having to shed some incentives included by Senate Democrats which caused the bill to fail. Some of the incentives that were left out of the plan in a compromise to gain Republican support were demands for benefits for long-term unemployed workers and stipulation that would allow low-income citizens to pay off heating bills and let home builders pay off losses off the current year against previous tax years.

President Bush approved of the package, noting in a statement, “This plan is robust, broad-based, timely, and it will be effective, this bill will help to stimulate consumer spending and accelerate needed business investment.”

Saturday, May 7, 2005

Testing began on a chemical reactor at the Newport Chemical Depot near Terre Haute, Indiana on Friday morning. If successful, the reactor will be put to use destroying the large VX nerve gas stockpiles stored at the facility over the course of the next two years. After the disposal project experienced several delays, the facility announced it would begin pumping VX into a completed disposal unit for testing. The unit consists of a chemical reactor in which the VX will be mixed with water and sodium hydroxide, heated to 194°F while mixed with paddles. The resulting chemical, called hydrolysate, is chemically similar to commercial drain cleaners and has similar properties. If the test is successfully completed , the unit will continue processing the VX until the entire stockpile has been neutralized, a process projected to take two years. Administrators expect to complete testing on May 10, 2005.

According to the controversial plan, the finished waste product would be shipped to New Jersey for final reprocessing. The inert chemical would then be emptied into the Delaware River where natural attenuation would occur.

Residents near the proposed river disposal site in New Jersey oppose this idea. The contractor for the final component of this disposal would be the DuPont Corporation.

NCD is a bulk chemical storage and destruction facility in west central Indiana, thirty miles north of Terre Haute. Originally founded during World War II to produce RDX, a conventional explosive, it later became a site for chemical weapons manufacturing during the Cold War. It is now used to securely store and gradually neutralize part of the US stockpile of VX.

VX was manufactured by the U.S. in the 1950s and 60’s as a deterrent to possible Soviet Union use. It was never deployed, and the manufacture was halted in 1969 after an order signed by then-president Richard Nixon.

In 1999, the Army announced it awarded a disposal contract to Parsons Infrastructure & Technology, Inc., a business unit of Parsons Corporation. Some 220 civilian Parsons employees work at the facility, which is supervised by an Army officer reporting to the U.S. Army Chemical Materials Agency, and a board of civilian government overseers called the Indiana Citizens’ Advisory Commission, some of whose members are appointed by the state governor.

Security at the facility is controversial. A private security service, supplemented by a complement of Indiana National Guard soldiers, guarded the facility until April 14, 2005, when the soldiers were withdrawn. An Indianapolis television station has questioned security measures in some of its special reports.

Saturday, January 10, 2009

The Illinois House of Representatives voted to impeach state governor Rod Blagojevich in a near-unanimous 114-to-1 vote with three representatives not voting.

Blagojevich is facing charges of attempting to sell the state’s opening for United States Senator when president-elect Barack Obama takes office on January 20. The vote will now move to the Illinois State Senate, where a two-thirds majority will be needed to officially remove Blagojevich from the position of Governor of Illinois.

Blagojevich was arrested on December 9 on suspicion of corruption charges, and was recommended for impeachment after an investigation from the United States House of Representatives. Blagojevich is the first United States governor to be impeached since 1988, when Evan Mecham of Arizona was impeached after a year and three months on the job.

At the beginning of the voting debate, impeachment committee leader Barbara Flynn Currie, a member of the United States Democratic Party and representing Chicago, said that Blagojevich’s alleged actions: “Show a public servant who is prepared to turn public service into an avenue for private benefit. They show a public servant who has betrayed his oath of office, who has betrayed the public trust, who is not fit to govern the state of Illinois.”

She later said “The totality of the evidence shows that Gov. Blagojevich has forfeited his right to hold office. Whatever their stations, whether petty thieves or governors, those who break the law must not be immune from the consequences and must be held to account for their actions.” Milton Patterson, a Democrat also representing Chicago, was the only member of the House of Representatives to vote against the impeachment of Blagojevich, but did not speak in defense of him.

The report that recommended his impeachment heavily criticized Blagojevich’s actions. It stated that “the governor repeatedly demonstrated that his decision to appoint a senator would not be based on merits of the candidate or on public policy, but rather on how that appointment could benefit him personally. It added “The governor directed various individuals to conduct inquiries on his behalf to negotiate deals for the Senate appointment, affirmatively setting into action a plot to trade the Senate appointment for something of value to the governor.”

Jack D. Franks, a Democratic representative also on the committee, also spoke, saying that “it’s our duty to clean up this mess and stop the freak show that has become government in Illinois. I believe we’re finally doing what we should have done a long time ago.”

If Blagojevich’s impeachment is ratified by the State Senate, he would immediately be removed from the office of governor and the state’s Lieutenant Governor, Pat Quinn, would become the state’s acting governor.

Friday, June 5, 2009

General Motors Corporation (GM), an American automaker which has filed for bankruptcy protection, announced on Friday that the Penske Automotive Group (PAG) was selected to purchase Saturn Corporation. The transaction should be completed in October.

The purchase includes rights to the Saturn brand, its five current models and its dealership network. Two models would be discontinued, the Sky and Astra. GM would continue building the Aura sedan, the SUV’s, Vue and Outlook for at least two more years.

Saturn has 350 dealers across the United States. The dealers employ more than 13,000 jobs and sell only the Saturn autos. Canadian Saturn dealers are not included in the deal.

According to Penske future Saturn vehicles will be fuel economy focused. An expert indicated that this would move Saturn back to its roots of a entry level car company. PAG is in talks with several international automakers to replace GM after 2011. Automotive News reports that Renault Samsung Motors of Korea is the most likely candidate.

Penske wants Jill Lajdziak, Saturn’s general manager, and Tom LaSorda, former Chrysler President to head up the company when it is independent of GM.

Serra Automotive in Grand Blanc Township, Genesee County, Michigan, is in talks to take a partial ownership in a new Saturn lead by Penske.