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SIMON DAVIS-COHEN – Corporate America is Inching Even Closer to a Constitutional Convention

During a Colorado Springs rally on Oct. 18, 2016, then-candidate Donald Trump announced, “The time for congressional term limits has finally arrived.” For many, it was one of Trump’s more moderate proclamations. Term limits don’t sound like such a bad idea. But it’s possible this comment signaled support for a broader, more partisan agenda. Term limits are a central demand …

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Alastair Gee – More than one-third of schoolchildren are homeless in shadow of Silicon Valley

Every night for the past year or so, Adriana and Omar Chavez have slept in an RV parked in East Palo Alto, a downtrodden community in Silicon Valley. On a recent morning before sunrise, they emerged on to the empty street. Omar showed his phone to his wife: 7.07am. “Shall I wake up the girls?” he said, his breath visible …

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Trends This Week – A Trump economy and other Top Trends 2017 – 12.14.16

Approve or disapprove of his choices, Trump has picked a corporate cabinet of top notch business leaders. Unlike politicians, Trump will run the White House like he runs his businesses; it’s about the bottom line. Look for a strong dollar and steady economic growth. For US exporters, however, the strong dollar will dampen profits. Other 2017 trends include the death of the Fourth Estate, worldwide movements to “Make It New” and more.

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KAREN PERRY STILLERMAN – Organic Farming is Growing (But Not Everywhere)

The U.S. Department of Agriculture recently released the results of its latest survey of organic farmers, and there’s good news. Organic farming is up nationally, with 12,818 farms generating $6.2 billion in certified organic product sales in 2015, up 13 percent from 2014. But the survey shows that all states aren’t pursuing organic farming equally. And one of the top …

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Hedge Funds Cost N.Y. Pension Plan $3.8 Billion, Report Says

The New York state comptroller’s decision to stick with hedge funds despite their poor returns has cost the Common Retirement Fund $3.8 billion in fees and underperformance, according to a critical report by the Department of Financial Services. The state comptroller, who invests $181 billion for two systems covering local employees, police and fire personnel, “has over relied on so-called ‘active’ …

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The number of people on food stamps is plummeting at the fastest rate ever after the government made a key change

Fewer and fewer Americans are on food stamps, and the decline is only getting faster. According to Paul Trussell, an analyst at Deutsche Bank, the number of people utilizing the Supplemental Nutrition Assistance Program, or SNAP, in June 2016 was down 4.7% from the same month a year before, and the number of households using SNAP was down 5.2% year-over-year. …

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Sarah Lazare – Americans Are Drowning in Credit Card Debt, and It’s Not Because They Are ‘Irresponsible’

Amid soaring inequality [3] and stagnant wages [4], consumers in the United States collectively accumulated a stunning $34.4 billion in credit card debt during the second quarter of 2016 alone, according to a new report [5] from the personal finance website WalletHub. This high number represents the greatest second-quarter accumulation since at least 1986, when such data was first recorded, and positions U.S. consumers to surpass “$1 trillion …

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Neil Swidey – The college debt crisis is even worse than you think

IT’S ONE OF THE MOST enduring selling points for the value of higher education: The best route out of poverty is through the college quad. Spend four years in college, and all that book learning, mind opening, and network expanding will help even the lowest-income student jump up several rungs on the economic ladder. Nowhere is that message preached as …