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Fed chairman, unemployment on tap as Congress returns

By The Associated Press

This article was published January 6, 2014 at 11:01 a.m.


In this Thursday, Nov. 14, 2013, file photo, Janet Yellen of California, President Barack Obama's nominee to become Federal Reserve Board chairman, is sworn in on Capitol Hill in Washington prior to testifying before the Senate Committee hearing on her nomination to succeed Ben Bernanke.

WASHINGTON — Congress faces a hefty list of unfinished business and a politically driven agenda in an election year that will determine control of the House and Senate.

President Barack Obama’s nomination of Janet Yellen to head the Federal Reserve and a three-month extension of benefits for the long-term unemployed are first up in Senate, with votes scheduled Monday night. The rare burst of bipartisanship last month produced a budget agreement, but lawmakers were unable to agree on extending federal benefits for an estimated 1.3 million Americans.

The payments stopped on Dec. 28 and Democrats, led by Obama, are pushing hard to revive them.

Read tomorrow's Arkansas Democrat-Gazette for full details.


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Fdworfe says... January 6, 2014 at 2:55 p.m.

We like to believe—and I still do—that what we read, see and hear in the news media is largely human truth on the move. The rest we take with a pound of salt. The trick of course is to apply whatever experience, intuition and intelligence we may possess to go beyond the pabulum, the well worded bologna and outright propaganda spewed daily onto the nation’s airways. Republicans, even the moderate ones, have apparently presumed that all the broadcast right-wingies are doing them a world of good no matter how absurd the hyperbole might seem to any rational mind. Or, maybe even the House Speaker may now be realizing that a constant stream of right-wing gibberish can do more harm than good in the very long run of things. The younger generation is smarter than the rest of us—heaven help us if I’m wrong—and young first-time voters don’t like to be told how and when to think. Yet the problem for the GOP—what with being in something of a hole of their own digging—is two-fold: (1) To determine what it is they now stand for rather than what they are socially against (2) How to get that message out in a trustworthy way. Not an easy chore. The propaganda machines they’ve steadfastly relied upon—they just don’t know it yet—but well, for the younger generation, they are threadbare, irrelevant and obsolete. Besides, these faucets of moralistic bias are in the private sector. When no longer ratings profitable, they’re outta here, leaving the GOP to toot its own once-dynamic, now shuffling ideology.

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