Girl power?

Updated: Friday, October 25, 2013
Girl power? story image
KALAMAZOO, Mich. (NEWSCHANNEL 3) - Our Congress avoided economic calamity on Wednesday by passing a last-minute, Senate-led bill to restore government funding.

The trouble is that it's only good for 90 days--through January 15th--and then we get round 2.

The same problems, the same acrimony, and the same people.

Tonight in Tom's Corner, Tom Van Howe says he has a solution, and it's been right under our noses all the while.

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That's right. It's time to turns the reins of our government over to women. The men in suits have failed us.

In recent days, weeks and months, the only people in Washington who seem to understand what's going on are women.

Just two weeks ago, Republican Senator Susan Collins of Maine took the podium on the Senate floor and told her colleagues to "stop fighting and start legislating."

The suits didn't hear her. But two of her colleagues did. And suddenly there was a group of three: Collins, Republican Senator Kelly Ayotte of New Hampshire, and Democratic Senator Lisa Murkowski of Alaska.

"As just one person," Murkowski said, "you don't get anywhere. We cannot work individually and expect to accomplish the work that is needed. We've got to be working together."

Three women—two Republicans and a Democrat, standing firm in the face of obstructionists who were perfectly willing to let the world slide into economic chaos by allowing this nation go into default; perfectly willing to ignore their own  constitutional obligation to pay the nation's  bills. On time.

After a few days, the group of three became the group of six, then eight, now ten, and growing.

Compare the words of Senate Budget Chairman Patty Murray, a Democrat from Washington with those of Congressman John C. Fleming of Louisiana, one of the 144 house members to vote "no" on yesterday's bill to end the government shutdown.

Here what Murray said:

"My hope is that in the weeks and months ahead, we can heal many of the partisan divides that keep us from addressing the big challenges we face, including returning our focus to creating jobs and improving our economy."

And from Fleming? "See," he said with a grin. "We're going to start this all over again."

It makes me cringe.

Are there problems in our government? Yes. All over the place. Are there problems with the Affordable Care Act?

Are you kidding?  For starters, they had 3 1/2 years to develop a multi-billion dollar computer system to help people make choices and sign up for healthcare.

And they did a terrible job of it.

Did anyone of them think of getting advice from the people at, say,  Facebook? But Obamacare is the law, so let's fix it!

But to shut down our country instead? The shutdown that ended last night cost our government an estimated $24 billion.

Imagine that. How many band-aids, runny noses, and broken arms would that have paid for?

But these sneering, idealistically-driven men in suits don't care.

But the women in Washington do.

Freshman Massachusetts Senator Elizabeth Warren:

"In our democracy, government is just how we describe all of the things that 'we the people' have already decided to do together. We are not a country of anarchists. We are not a country of pessimists and ideologues whose motto is 'I've got mine, the rest of you are on your own.'”

Take a look around. The head of the International Monetary Fund is Christine Lagard, of France.

"I hope," she said yesterday, "that in a few weeks time we will look back and say 'what a waste of time that was.'"

I doubt the angry men in suits heard her.

The most successful country in Europe is run by a woman, German Chancellor Angela Merkel.

She's admired and respected all over the continent.

Hourly pay in Germany has gone up 30 percent since 1985. In the United States, it's up only six percent.

Iceland collapsed in the wake of Lehman Brothers. Now it's a country whose banks, funds, and government are run largely by women and is doing quite nicely.

In this country there's a quiet but dramatically exciting movement afoot.

And it's a movement led by women who are weary of our political system being run by frightened men who seem to have no concept anymore of  what's right for their country.

As Elizabeth Warren put it: "We are not that nation. We have never been that nation. And we never will be that nation."

More power to her. More power to them. It's time.

In this corner...I'm Tom Van Howe.

Business News

Last Update on October 22, 2014 17:29 GMT

CONSUMER PRICES

WASHINGTON (AP) -- U.S. consumer prices edged up slightly in September, with the overall increase held back by a third straight monthly decline in gasoline prices. The tiny gain was the latest evidence that inflation remains dormant.

The Labor Department says consumer prices rose 0.1 percent in September after having falling 0.2 percent in August. Core prices, which exclude volatile food and energy, also rose 0.1 percent after no gain in August.

Over the past 12 months, overall prices are up 1.7 percent and core prices are up a similar 1.7 percent. Both increases are well below the 2 percent target for inflation set by the Federal Reserve. The absence of inflationary pressures has allowed the central bank to keep interest rates at record lows to boost the economy.

SOCIAL SECURITY-COLA

WASHINGTON (AP) -- The government says millions of older Americans who rely on federal benefits will get a 1.7 percent increase in their monthly payments next year.

It's the third year in a row the increase will be less than 2 percent.

The annual cost-of-living adjustment affects payments for more than 70 million Social Security recipients, disabled veterans and federal retirees.

The government announced the increase Wednesday, when it released the latest measure of consumer prices. By law, the increase is based on inflation, which is well below historical averages so far this year.

Congress enacted automatic increases for Social Security beneficiaries in 1975. Until recently, the increases were rarely less than 2 percent.

AIR BAG RECALL

DETROIT (AP) -- The U.S. government is adding more than 3 million vehicles to a rare warning about faulty air bags that have the potential to kill or injure drivers or passengers in a crash.

The National Highway Traffic Safety Administration on Wednesday put out a new list of vehicles, increasing the number from 4.7 million to 7.8 million. The agency urged people to get their cars repaired if they're being recalled, especially in Florida and along the Gulf Coast.

The air bag inflators made by parts supplier Takata can rupture, causing metal fragments to fly out when the bags are inflated. Safety advocates say at least four people have died from the problem.

The warning covers many models from BMW, Chrysler, Ford, General Motors, Mazda, Honda, Mitsubishi, Nissan, Subaru and Toyota.

EBOLA MONITORING

WASHINGTON (AP) -- Federal health officials are significantly expanding the breadth of vigilance for Ebola, saying that all travelers who come into the U.S. from Ebola-stricken West African nations will now be monitored for symptoms of illness for 21 days.

The director of the Centers for Disease Control and Prevention says the program will begin Monday and cover visitors as well as aid workers, journalists and other Americans returning from Liberia, Sierra Leone or Guinea.

The program will start in six states: New York, Pennsylvania, Maryland, Virginia, New Jersey and Georgia.

CDC Director Tom Frieden says state and local health officials will check daily for fever or other Ebola symptoms.

Passengers will get kits to help them track their temperature and will be told to inform health officials daily of their status.

J&J-EBOLA VACCINE

J&J to spend up to $200M on Ebola vaccine program

NEW BRUNSWICK, N.J. (AP) -- Johnson & Johnson will start safety testing in early January on a vaccine combination that could protect people from a strain of the deadly Ebola virus.

The health care products maker says it has committed up to $200 million to speed up and expand production of a vaccine program being developed by its Janssen Pharmaceutical Companies.

J&J is developing the vaccine with the Danish biotech company Bavarian Nordic. It involves a regimen in which two vaccines are delivered two months apart. The combination provided complete protection in animals against a virus strain similar to the one causing the current outbreak in West Africa that has killed thousands of people.

The New Brunswick, New Jersey, company says it will also determine whether its vaccine protects against the version causing the outbreak.

MORTGAGE RISK RULES

WASHINGTON (AP) -- Federal regulators are proceeding with new rules that ease guidelines for banks selling mortgage securities and could mean fewer borrowers will need to make hefty down payments.

The Securities and Exchange Commission voted 3-2 Wednesday to adopt the rules, which six federal agencies have been working on since 2011. Three other agencies adopted the rules Tuesday, and the Federal Reserve has scheduled a vote for Wednesday afternoon.

The rules govern the amount of risk banks must take on when they package and sell mortgage securities in a multitrillion-dollar market. In the final rules, the regulators have dropped a key requirement: a 20-percent down payment from the borrower if a bank didn't hold at least 5 percent of the mortgage securities tied to those loans on its books.

MINI-OVERSTATED GAS MILEAGE

DETROIT (AP) -- The U.S. government has told BMW to reduce the gas mileage estimates on window stickers of four Mini Cooper models.

Testing by the Environmental Protection Agency lab in Ann Arbor, Michigan, discovered the overstated mileage.

The vehicles affected are the 2014 Mini Cooper three-door and Mini Cooper three-door S models with manual and automatic transmissions. BMW must cut the highway mileage by one-to-four miles per gallon depending on the model. Estimates for city driving and combined city and highway fuel economy also must be reduced.

The EPA says it audited the Mini gas mileage and came up with lower values than BMW, which makes the cars. It's the fourth time in the past two years that the EPA has found discrepancies in the gas mileage estimates provided by an automaker.

PEW-ONLINE HARASSMENT

NEW YORK (AP) -- A new study confirms what many Internet users know all too well: Harassment is a common part of online life.

The report by the Pew Research Center found that nearly three-quarters of American adults who use the Internet have witnessed online harassment. Forty percent have experienced it themselves.

The types of harassment Pew asked about range from name-calling to physical threats, sexual harassment and stalking. Half of those who were harassed said they didn't know the person who had most recently attacked them.

Young adults -- people 18 to 29 -- were the most likely age group to see and undergo online harassment.

The survey was conducted between May 30 and June 30 among 3,217 respondents.

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