Tuesday, July 10, 2012

U.S Drivers slow to adopt EV's - Detroit Free Press - All-electric vehicles that you plug-in overnight are a tough sell with drivers afraid of becoming stranded with few charging stations in operation across the nation.

Recall Roundup - Zero MotorCycles - Wall Street Journal - The latest defect notices filed with the National Highway Traffic Safety Administration include older Isuzu models with undercarriage rust problems, BMWs with faulty power steering and Zero electric motorcycles with brake lights that don’t work reliably.

Portage County, Ohio farcking fight - ReordPub - Foes of horizontal hydraulic fracturing in Portage County are joining their efforts to educate people about the potential dangers in drilling for natural gas. Concerned Citizens Portage County, which was formed in the southern part of the county, recently has merged with Concerned Citizens Ohio, from northern Portage.

How Much will Pennsylvania Pay for Drilling Success - Newsitem - Politics continues to threaten the health and welfare of Pennsylvanians. The latest is how the Republican-dominated legislature and Gov. Tom Corbett separated one of the wealthiest and more high-tech/industrial areas of the state from the rural areas.

Can the Democrats catch up in the Super-PAC game? - NY Times - It took several weeks for Burton and Sweeney to come up with a name for their start-up. To their irritation, every slogan they considered had already been trademarked by Republicans. “We gave our lawyer 10 more names,” Burton recalls. “Then like 50. We’re literally trying every combination of whatever. You can’t come up with a name that has the word ‘future’ in it that the Republicans don’t control. Romney’s Restore Our Future — that doesn’t even make sense, and that’s probably why they were able to get it.”

Wall Street's Captive Arbitrators Strike Again - Bloomberg - A set piece of Voltaire’s 18th century masterpiece, “Candide,” is a scene in which the British, after losing a battle, execute one of their own admirals “pour encourager les autres.” The analogy may be a bit heavy-handed, yet in many ways it fits what Finra -- the Financial Industry Regulatory Authority, Wall Street’s self-regulatory organization -- did to three arbitrators who, in May 2011, had the temerity to find in favor of a customer in a securities arbitration against Merrill Lynch, the nation’s largest brokerage and a unit of Bank of America Corp. After awarding the estate of the customer more than $520,000 -- a large amount by arbitration standards --Finra heard from unhappy Merrill executives and fired the arbitrators, two of whom had many years of experience.

Economic slump weakens China's trade growth - Time - (BEIJING) — China’s June trade growth decelerated sharply in a new sign of a deepening slowdown in the world’s second-largest economy. Import growth fell by half from May’s level to 6.3 percent, customs data showed Tuesday, reflecting weak consumer and industrial demand despite two interest rate cuts and other stimulus measures. Export growth declined to 11.3 percent from May’s 15.3 percent amid European and U.S. economic weakness.

Obama has a serious tax credability problem - Firedoglake - This weekend on CNN Robert Gibbs, a surrogate for President Obama, said Obama was 100 percent committed to letting the Bush tax cuts expire for those making above $250,000 a year. Given Obama’s track record on his tax related campaign promises, I have a tough time believing his team on this issue, and I’m likely not alone. When it comes to keeping his tax promises, Obama’s record falls somewhere between poor and abysmal.

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