Legislation introduced in Washington, DC, during the last year by Sen. Chuck Hagel would amend the Internal Revenue Code of 1986 to exclude from gross income interest received on loans secured by agricultural real property. Rep. Tom Osborne introduced a companion bill in the House. S. 1263 and H.R. 4295 will benefit family farmers and rural homebuyers by allowing banks to exclude from federal taxation the interest income they receive from farm real estate loans and certain rural housing loans made to family farmers and certain rural homebuyers. Cumulatively, the bills are referred to as the Rural Economic Investment Act. Essentially, the tax break on the bank's interest income for these loans would allow institutions to pass the savings on to consumers. In this way, the banks encourage ...
Coinciding with the 20th Anniversary of the Americans with Disabilities Act Economic and Personal Independence for People Who are Blind
HARRISBURG, Pa., Jan. 13, 2011 /PRNewswire-USNewswire/ -- Pennsylvania has more jobs, safer infrastructure, greater energy independence, better schools and a clear path to economic stability because of the American Recovery and Reinvestment Act, Governor Edward G. Rendell said today before the regular public meeting of the state's Stimulus Oversight Commission. During the recession, we made tough decisions to cut the budget and wisely invest Recovery Act funds in crucial education, infrastructure and economic development initiatives that are now providing economic gains," Governor Rendell said, referring to the fact that Pennsylvania has experienced four consecutive months of lower unemployment and higher-than-expected tax collections.
The separation of ownership and control publicized by Berle and Means in 1932 persists today. Domination of public companies by self-serving and ineffective executives costs America billions of dollars every year and contributed to the current economic meltdown. Repeated efforts to solve this problem -- including the Sarbanes-Oxley Act, expanded disclosure duties, and more stringent requirements for director independence -- have had little benefit and have sometimes made matters worse. The flaws in our corporate governance system are a growing problem for America's economy as disillusioned investors increasingly place their capital in other countries. Nonetheless, proposals for greater shareholder power have encountered criticisms: various shareholders have conflicting goals; shareholde...
...Department of Energy, 1000 Independence Avenue, SW., Washington, DC 20585, by telephone at... negative environmental, social, and economic impacts;. Providing flexibility to consider a vari...
Hearing to Focus on Aftermath of on Older Adults and Ways to Provide Economic Assistance WASHINGTON, Oct. 17, 2011 /PRNewswire-USNewswire/ -- The National Council on Aging will testify tomorrow on behalf of older adults and their increasing economic insecurity. With testimony from NCOA's senior vice president of economic security, Sandra Nathan, PhD, NCOA will define the issue with stories of what seniors are facing around the country, and propose solutions that protect and strengthen Social Security, Older Americans Act (OAA) programs, LIHEAP, and other benefits and services that contribute to senior's economic independence.
The very role of a board of directors in the system of corporate governance is to oversee a corporation's business and affairs, including its management, because numerous dispersed stockholders cannot effectively perform that function on their own. But if directors incurred liability for every misstep they took, or bad decision they made, it would indeed be rare to find a person willing to serve as a director. In Delaware, where the majority of US corporations are incorporated, the hallmark fiduciary duties are the duties of care and loyalty. But if Delaware corporate law is considered the national corporate law, the Sarbanes-Oxley Act of 2002 is perhaps best described as its smash sequel. While competent, good, or best corporate practices vary from circumstance, from company to company...
... of candor where the breach impaired the economic or voting rights of stockholders, and even then ma..., to prove a director's non-independence in the context of demand futility, a plaintiff mus...
... in the last decade, a debate over global economic justice has troubled and enriched political philos... material basis for personal independence and a sense of self-respect." (9) Because the inte...
... goals for environmental, energy, and economic performance. These Executive Orders, along with thhe Energy Independence and Security Act of 2007 (EISA) require agencies t...
Theodore Roosevelt is well known as an imperialist. The common understanding is both too weak and too strong. Too weak, because Roosevelt idealized an imperialism that could last forever in civilizing savages. Too strong, because Roosevelt prepared the American-occupied Philippines for independence within a generation. This article analyzes Roosevelt's philosophy of self-government and reinterprets his Philippines policy in light of the philosophy. Roosevelt emerges as a reluctant anti-imperialist-an imperialist by desire but an anti-imperialist in governance. His imperialist ambitions were thwarted by America's ideals of self-government and its democratic political system, channeled through the powers of Congress and the process of regular elections. At a crest of imperial opportunity,...
..., law and order, liberalism, and economic prosperity - were paramount. Whether a self-govern...
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