National, Pittsburgh Region Companies Rally To Extend Charter Of Export-Import Bank

GE Transportation recently signed a deal to build 100 locomotives in Erie — including engines made in Grove City — and sell them in Angola for $350 million.

GE used financing through the Export-Import Bank, which provides loans, loan guarantees and insurance to U.S. companies selling overseas. The bank, supporters say, helps U.S. companies compete more effectively for foreign business.

“If we hadn’t had that financing, the order would have gone to China,” said Richard Simpson, global head of supply chain for the company, who said Thursday that GE Transportation financed $720 million in sales to three other countries last year.

Such deals are in jeopardy, advocates for the 80-year-old bank say. Its charter expires June 30 and observers say it might not come up for a vote in Congress before then.

Read more: http://triblive.com/business/headlines/8548411-74/bank-companies-export#ixzz3csBLMqRz
Follow us: @triblive on Twitter | triblive on Facebook

Worldview: How Obama Got Syria So Wrong

English: General Martin E. Dempsey, USA, 18thC...

English: General Martin E. Dempsey, USA, 18thChairman of the Joint Chiefs of Staff. (Photo credit: Wikipedia)

Unless President Obama can show Congress that his planned Syria strike is linked to a larger – and coherent – strategy, legislators should just say no.

So far, his explanations, and those of his cabinet members at congressional hearings, have only added to the confusion. “What is it you’re seeking?”  Sen. Bob Corker (R., Tenn.) asked Gen. Martin Dempsey, the chairman of the Joint Chiefs, in trying to elicit the broader goals of military action.  The general replied candidly,  “I can’t answer that, what we’re seeking.”

That moment of testimony encapsulated the dilemma for the Congress and the country. If the military doesn’t grasp where the commander in chief is leading, and the president can’t (or won’t) clarify, we’re all in trouble.  You can’t get there if you don’t know where “there” is.

This is not the way to wage a war – oops, I mean a limited military strike.

Read more at http://www.philly.com/philly/news/nation_world/20130908_Worldview__How_Obama_got_Syria_so_wrong.html#W26XeA2w3ER9tH7q.99

Postal Service Considers Eliminating Door-To-Door Delivery

USPS service delivery truck in a residential a...

USPS service delivery truck in a residential area of San Francisco, California (Photo credit: Wikipedia)

You’ve got mail … a block away.

That could be what’s ahead for millions of Americans who still get mail delivered directly to their front doors.

With the U.S. Postal Service losing billions of dollars each year, this tradition could be phased out in less than a decade under a proposal in Congress.

Taking its place would be cluster boxes, mailboxes for individual addresses grouped together at a central neighborhood location.

Read more: http://lancasteronline.com/article/local/883882_Postal-Service-considers-eliminating-door-to-door-delivery.html#ixzz2cMbro8gb

New NSA Revelations Stir Congressional Concern

Official photographic portrait of US President...

Official photographic portrait of US President Barack Obama (born 4 August 1961; assumed office 20 January 2009) (Photo credit: Wikipedia)

WASHINGTON (AP) — New revelations from leaker Edward Snowden that the National Security Agency has overstepped its authority thousands of times since 2008 are stirring renewed calls on Capitol Hill for serious changes to NSA spy programs, undermining White House hopes that President Barack Obama had quieted the controversy with his assurances of oversight.

An internal audit provided by Snowden to TheWashington Post shows the agency has repeatedly broken privacy rules or exceeded its legal authority every year since Congress granted it broad new powers in 2008.

In one of the documents, agency personnel are instructed to remove details and substitute more generic language in reports to the Justice Department and the Office of the Director of National Intelligence — reports used as the basis for informing Congress.

Read more: http://www.timesleader.com/news/news/762288/New-NSA-revelations-stir-congressional-concern

Allegations Surface Of Explicit Exchanges By Weiner After His Resignation

, member of the United States House of Represe...

, member of the United States House of Representatives. (Photo credit: Wikipedia)

Anthony D. Weiner, a leading candidate for mayor, on Tuesday confronted new allegations that he had engaged in raunchy online conversations with a woman after he had resigned from Congress over similar behavior.

Mr. Weiner seemed to acknowledge the behavior, saying, “Some things that have been posted today are true.”  He did not deny that the conversations took place after he said he would seek treatment to end his pattern of sending sexually explicit words and images to women who were fans of his politics.

“These things that I did were wrong and hurtful to my wife and caused us to go through challenges in our marriage that extended past my resignation from Congress,” he said in a statement issued Tuesday.  He added, “This behavior is behind me.”

The allegations were posted on a Web site called The Dirty, which describes itself as a gossip and satire site, and which warns that its “postings may contain erroneous or inaccurate information.”

Read more:

http://www.nytimes.com/2013/07/24/nyregion/allegations-surface-of-explicit-exchanges-by-weiner-after-his-resignation.html?hpw&_r=0

Postal Service Backs Off From Cutting Saturday Mail

USPS service delivery truck in a residential a...

USPS service delivery truck in a residential area of San Francisco, California (Photo credit: Wikipedia)

WASHINGTON — The U.S. Postal Service backed down from its plan to eliminate Saturday mail delivery because Congress barred it, officials said today.

But its governing board said it’s not possible for the financially ailing agency to meet cost-cutting goals without altering its delivery schedule.  Delaying “responsible changes,” the board said, only makes it more likely that the Postal Service “may become a burden” to taxpayers.

The Postal Service said in February that it planned to switch to five-day-a-week deliveries beginning in August for everything except packages as a way to hold down losses.

But that announcement was a gamble.  The agency essentially was asking Congress to drop from spending legislation the longtime ban on five-day-only delivery.  Congress did not do that when it passed a spending measure last month.

Read more:  http://readingeagle.com/article.aspx?id=467741

Milk Might Hit $8 A Gallon, Absent Federal Action

Picture 487Consumers soon could be defying the adage of not crying over spilled milk.

If Congress doesn’t pass a new farm bill or extend the one in place by Monday, the price of a gallon of milk in grocery stores could go as high as $8, U.S. Sen. Bob Casey Jr. said Friday during a media conference call.

Earlier this month, U.S. Secretary of Agriculture Tom Vilsack said lack of action would mean milk prices would be based on permanent law enacted in 1949.

The department would be forced to provide substantial financial support to dairy farmers based on their production costs and start buying up surplus milk, he said.

Read more:  http://readingeagle.com/article.aspx?id=439496

Small Increase Likely In Social Security Benefits

Seal of the United States Social Security Admi...

Seal of the United States Social Security Administration. It appears on Social Security cards. (Photo credit: Wikipedia)

WASHINGTON – Social Security recipients shouldn’t expect a big increase in monthly benefits come January.

Preliminary figures show the annual benefit boost will be between 1 percent and 2 percent, which would be among the lowest since automatic adjustments were adopted in 1975. Monthly benefits for retired workers now average $1,237, meaning the typical retiree can expect a raise of between $12 and $24 a month.

The size of the increase will be made official Tuesday, when the government releases inflation figures for September. The announcement is unlikely to please a big group of voters – 56 million people get benefits – just three weeks before elections for president and Congress.

The cost-of-living adjustment, or COLA, is tied to a government measure of inflation adopted by Congress in the 1970s. It shows that consumer prices have gone up by less than 2 percent in the past year.

Read more: http://readingeagle.com/article.aspx?id=421002

The Haircut – Today’s Humor!

One day a florist went to a barber for a haircut.

—After the cut, he asked about his bill, and the barber replied, ‘I cannot accept money from you , I’m doing community service this week.’ The florist was pleased and left the shop.
 
When the barber went to open his shop the next morning, there was a ‘thank you’ card and a dozen roses waiting for him at his door.
 
—Later, a cop comes in for a haircut, and when he tries to pay his bill, the barber again replied, ‘I cannot accept money from you , I’m doing community service this week.’ The cop was happy and left the shop.
 
The next morning when the barber went to open up, there was a ‘thank you’ card and a dozen donuts waiting for him at his door.
 
—Then a Congressman came in for a haircut, and when he went to pay his bill, the barber again replied, ‘I can not accept money from you. I’m doing community service this week.’ The Congressman was very happy and left the shop.
 
The next morning, when the barber went to open up, there were a dozen Congressmen lined up waiting for a free haircut.
 
—And that, my friends, illustrates the fundamental difference between the citizens of our country and the politicians who run it.

BOTH POLITICIANS AND DIAPERS NEED TO BE CHANGED OFTEN AND FOR THE SAME REASON!