June, 2010

Second amendment ruling from the Supreme Court

The Supreme Court has clarified their ruling on the constitutionality of gun control laws. The ruling strikes down many city and state bans on handguns, though it does leave the door open for carefully worded legislation that restricts gun ownership. The McDonald vs. Chicago decision is a clarification to last year's striking down of the ...

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With just pennies at a time, online credit card scam stole millions

An online credit card scam that stole millions, with just pennies at a time, was halted by the U.S. Federal Trade Commission. The online credit card scam used fake companies and identity theft to steal small amounts of money that went undetected by consumers or fraud detectors. Over four years, more than a million people ...

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Should the Macondo oil well be blown up by the US Navy?

In a recent New York Times op-ed piece with the title of "Blow Up the Well to Save the Gulf," former nuclear submarine officer Christopher Brownfield draws our attention to what could be a better alternative for dealing with the BP oil spill. BP CEO Tony Hayward admitted to Congress that his company has no ...

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A failure to compromise – auto dealer regulation

Auto dealer regulation is on the minds of House Democrats of late, or more specifically a lack thereof. Their belief is that the newly formed Consumer Financial Protection Agency (CFPA) would hamper auto dealers' ability to recover during these trying financial times by limiting their ability to continue offering dealer-assisted financing. Led by New York ...

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Strong increase in truck driving and auto industry jobs predicted

Truck driving jobs, as many as 400,000 of them, and a predicted shortage of labor for the U.S. auto industry may slightly lower the U.S. unemployment rate. The U.S. auto industry and the U.S. trucking industry hemorrhaged jobs during the recession. But truck driving jobs and auto industry jobs are slowly recovering along with the ...

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