Real World Economics: Our kicked can is running out of road
Published Tue, 05 Nov 2024 08:25:28 GMT
Edward LottermanThere is much hubbub these past weeks about whether a political deadlock on raising the U.S. debt ceiling will lead to a default on promised principal and interest payments of U.S. Treasury bonds of various maturities. This is an important topic, but most commentary and news reporting is very short-term in nature and is blind to the fundamental problem.American congressional democracy is broken. One aspect of this, playing out here, is federal finances, but there are other failings. The simple scarcity of bipartisan work on any important issue, be it heath, immigration, the environment, defense, poverty, transportation or whatever, shows why the brilliant system designed by Jefferson, Franklin, Madison, Jay and Hamilton needs life support. Tragically, all the EMT’s are sipping latte grandes and checking their Instagram accounts.Congress has not been able to pass a budget by its statutory deadline for over 40 years, even though we implemented a series of reforms in th...Woman charged in South Pearl Street homicide
Published Tue, 05 Nov 2024 08:25:28 GMT
ALBANY, N.Y. (NEWS10) -- According to the Albany Police Department, a 41-year-old Albany woman has been charged in connection to a domestic-related homicide that happened on Friday on South Pearl Street. Kyisha Smith faces multiple charges. Get the latest, news, weather, sports and community events delivered right to your inbox! On Friday, around 4:45 p.m., police responded to South Mall Towers, 101 South Pearl Street for reports of a person with a weapon. Once they arrived, they found James West, 58, with a stab wound to his neck.West was evaluated by medical personnel and was pronounced dead at the scene. Police say through an investigation, they found Smith stabbed West. Police also say the two knew each other, and the stabbing happened during a domestic-related altercation inside the building, not far from where West was found by responding officers. Nine-year-old among 3 shot in Albany, with 1 killed Charges:Second-degree murderSecond-degree criminal possession of a weaponS...Chatham plates six runs late to win the Patroon League
Published Tue, 05 Nov 2024 08:25:28 GMT
VALATIE, N.Y. (NEWS10) -- The Chatham softball team captured the Patroon Conference title after routing Maple Hill 9-2. Get the latest, news, weather, sports and community events delivered right to your inbox! The Wildcats struck first in the second inning, but the Panthers responded in the bottom third, scoring three runs to take the lead. However, the Wildcats made things interesting. They scored a run in the top of the fourth to make it a one-run game.Both teams went scoreless in the fifth inning, but in the bottom of the sixth, the Panthers roared back. Chatham loaded the bases, and Meta Mountain zipped a shot into left field that scored two runs extending their lead to 5-2.The Panther's offense scored six runs in the inning. A deficit Maple Hill couldn't overcome, and Chatham walked away with the Patroon Conference title.Tri-City’s offense back Johnson’s first pro start
Published Tue, 05 Nov 2024 08:25:28 GMT
TROY, N.Y. (NEWS10) -- The Tri-City ValleyCats (2-0) had their offense lead the charge for the second straight night, this time with a 6-1 victory against the Trois-Rivières Aigles (0-2) on Saturday at Joseph L. Bruno Stadium. Get the latest, news, weather, sports and community events delivered right to your inbox! Tri-City opened the scoring in the second inning. Jakob Goldfarb led off the bottom of the frame with a double off Tucker Smith. Goldfarb advanced to third on a fly ball from Carson McCusker. Zach Biermann reached on an error from second baseman Ethan Hunt, which allowed Goldfarb to score and give the ‘Cats a 1-0 advantage.The Aigles tied up the game in the fourth. Brock Ephan worked a one-out walk-off of Joe Johnson. Rodrigo Orozco moved Ephan to second on a single. Ricardo Sanchez loaded the bases after an infield single. Ephan scored on a passed ball to notch the game at one.Goldfarb reached on an error from Ephan in the bottom half of the fourth. McCusker singled an...Union men's lacrosse uses six-goal fourth quarter to forge ahead in NCAA Tournament
Published Tue, 05 Nov 2024 08:25:28 GMT
SCHENECTADY, N.Y. (NEWS10) -- Juniors Jake Mabardy and Zach Davis combined for five goals during a game-ending 7-1 run as the No. 17 Union College men's lacrosse team stormed back to take down Western New England University by a 15-13 score in the second round of the NCAA Division III Championships on a beautiful Saturday afternoon at Frank Bailey Field at Bertagna-Class of 1985 Stadium. Get the latest, news, weather, sports and community events delivered right to your inbox! With the win, Union (12-6) improves to 9-0 all-time in the NCAA Tournament on home field and advances to tomorrow's third round. The team will host #5/4 Middlebury College, 10-9 winners over St. Mary's College of Maryland in Saturday's first game, at 3 p.m.Davis scored all three of his tallies in the final 20 minutes, while Mabardy's two goals on the day were the game-tying and winning scores for the home team. Fellow junior Peter Kip led the team with four points on three goals and an assist, while classmate...Rockies calling up right-hander Riley Pint, club’s first-round pick in 2016
Published Tue, 05 Nov 2024 08:25:28 GMT
Riley Pint’s long journey to the majors is finally reaching its destination.The Rockies are calling up the right-hander ahead of Sunday’s series finale against Philadelphia, according to major-league sources. Pint, the team’s first-round pick at No. 4 overall in 2016, has a 5.49 ERA over seven seasons in the minors.Pint, drafted out of St. Thomas Aquinas High School in Overland Park, Kansas, was regarded as one of the top prep pitchers in the 2016 draft. But he never lived up to expectations as a starter in the Rockies’ system, struggling immensely with command, and didn’t play above the Class-A levels before retiring following the 2019 season.He came back out of retirement in 2021 and the Rockies converted him to a reliever. He’s risen through the upper minors over the past couple seasons, and the Rockies added him to the 40-man roster in November. This year, Pint has a 7.94 ERA in 13 appearances out of the bullpen for Triple-A Albuquerque.This s...Kelly Clarkson responds to toxic workplace allegations
Published Tue, 05 Nov 2024 08:25:28 GMT
Kelly Clarkson has responded to a Rolling Stone report accusing her daytime talk show of being a toxic workplace.Clarkson issued a statement on her Instagram page Saturday. She addressed the allegations after 11 current and former employees complained about being overworked and underpaid on “The Kelly Clarkson Show” and also called their work “traumatizing to their mental health” in the magazine’s Friday report.In the report, the anonymous employees called Clarkson “fantastic” but said show producers were “monsters” who made their lives “hell.”Clarkson said she loves her team.“To find out that anyone is feeling unheard and or disrespected on this show is unacceptable,” she said in the post. The talk show host said she wants to maintain a healthy and safe work environment.“As we prepare for a move to the East Coast, I am more committed than ever to ensuring that not only our team is moving, but also our new team in NY is comprised of the best and kindest in the business,” she said. “...U.S.-Mexico border sees orderly crossings as new migration rules take effect
Published Tue, 05 Nov 2024 08:25:28 GMT
EL PASO, Texas (AP) — The U.S.-Mexico border was relatively calm as the U.S. ended its pandemic-era immigration restrictions and migrants adapted to new asylum rules and legal pathways meant to discourage illegal crossings.A full day after the rules known as Title 42 were lifted, migrants and government officials on Friday were still assessing the effects of new regulations adopted by President Joe Biden’s administration in hope of stabilizing the Southwest border region and undercutting smugglers who charge migrants to get there.Migrants are now essentially barred from seeking asylum in the U.S. if they did not first apply online or seek protection in the countries they traveled through. Families allowed in as their immigration cases progress will face curfews and GPS monitoring. Those expelled can now be barred from reentry for five years and face possible criminal prosecution.Across the river from El Paso, Texas, in Ciudad Juárez, Mexico, many migrants watched their cellphones in...The new Tinder? Striking writers look for love on the picket lines
Published Tue, 05 Nov 2024 08:25:28 GMT
As striking Hollywood writers protest working conditions and pay, some are also looking for love while on the picket line. This week, the two collided outside Universal Studios. An event called "Strike Up a Romance" was organized by "Family Guy" writer Jaydi Samuels Kuba, who also runs a matchmaking business. The event doubled as a picket line for members of the Writers Guild of America and as a singles' mixer."We get to go out, picket like we're supposed to, and maybe meet the love of our lives," writer Matt Altman told Now This News. He added. "Isn't every story about love in the end?""For us, this was just a fun opportunity for writers just to meet each other without the pressures of having to have crazy work hours," organizer Kuba told Reuters.The singles' mixer was allegedly inspired by married couples who met during the last WGA strike. The WGA has been on strike since May 2, after contract negotiations with the Alliance of Motion Picture and Television Producer...Man dies after being shot by own gun in South Los Angeles
Published Tue, 05 Nov 2024 08:25:28 GMT
A man is dead after he was struck by fire from his own gun during a struggle with police in a traffic stop in the Florence-Firestone neighborhood of South Los Angeles Friday night, officials said.The unidentified man was pulled over by the Los Angeles Police Department near East 74th Street and South Central Avenue at about 10:30 p.m., according to Officer Jader Chavez.During the traffic stop, officers spotted a gun in the vehicle, Chavez said.When police tried to prevent the gun from being fired, it discharged, striking the man, Chavez added.He was taken to a local hospital, where he was pronounced dead.No officers were injured during the incident. Sofia Pop Perez contributed to this report.Latest news
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