Monthly Archives: June 2011

New Debit Card Interchange Fees Help Big Banks, Impact On Consumers Unknown

June 30, 2011
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After months of heated debate among lobbyists, bankers, retailers and politicians, the interchange fee on debit card transactions has now been finalized by the Federal Reserve. Currently, the interchange fee averages 44 cents per debit card transaction but recent reforms had proposed the fee be capped at 12 cents. Yesterday, the Federal Reserve ruled...

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Connecticut Governor Challenging State Unions Over Collective Bargaining Rights

June 29, 2011
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Alongside layoffs and other spending cuts, proposed legislation by the Malloy administration will limit collective bargaining in three areas: longevity payments, the accrual of sick days and the definition of salary for the calculation of pensions. With state employees rejecting a $1.6 billion concession agreement, Gov. Dannel Malloy has just days to implement his...

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Granny Snatching: Battle Over Right To Die

June 29, 2011
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Usually this column is devoted to issues of elder abuse, or elder care, but today I want to explore another issue that affects the elderly, and is growing significantly and encompasses both elder abuse and elder care simultaneously. As our population ages and useful life far outstrips our life expectancy, we nonetheless are still...

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Diet Soda Can Make Your Fat

June 29, 2011
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“In the constant battle to lose inches or at least stay the same, we reach for the diet soda. Two studies presented June 25 and 27 at the American Diabetes Association’s Scientific Sessions in San Diego suggest this might be self-defeating behavior,” says Science Daily. “Epidemiologists from the School of Medicine at The University...

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