Estimates of the number of businesses eligible to take the tax credit have ranged from 1.4 million to 4 million companies, but in May, the Government Accountability Office reported that only 170,300 firms actually claimed the credit in 2010. Of these, only a small fraction, 17 percent, were able to claim the whole credit….

So why has the credit fallen short of expectations? The G.A.O. concluded that the credit was too small to sway business owners. Moreover, it said, claiming the credit is a task so complicated as to discourage many companies from trying.

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Normally, schools offer scholarships to entice students to enroll. This year, the Massachusetts Institute of Technology’s business school handed them money to go away.

The Sloan School of Management’s full-time M.B.A. program, usually about 400 students, was oversubscribed by an unusually high number of students this year. Rather than expand the class size, the school asked for volunteers willing to wait a year to enroll, sending out an e-mail just a couple of weeks before the Aug. 23 kickoff barbecue. By that point, many expectant students had quit jobs and secured housing in the Boston area.

How did the math whizzes at MIT get the numbers so wrong?

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When Jeanne Majors, 63, took an early retirement in December 2005, she assumed that she would pick up a part-time job and be in good financial shape. She didn’t know that her future would quickly fall apart.

Majors, who is single and lives in Brooklyn, N.Y., learned the hard way about the retirement obstacles that most women face today. When the economy slid into the recession, she lost her part-time job and could not find another.

“They wanted somebody young,” Majors says. “Or if I was a man, somebody would have hired me at my age. I’m not sorry that I retired, but things didn’t turn out the way I wanted it to. Everything went bust.”

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An airline says it will offer baby-free “quiet zones” on its flights. Should all planes and trains follow suit, or do adults need to learn to live with child passengers?

At 35,000ft, the klaxon-like howl of a distressed toddler screeches through a pressurised cabin.

For travellers already stressed by lengthy security checks, crammed into cramped seating and unnerved by the very fact of being so high above ground, it’s almost enough to make them shatter the Plexiglas windows and jump.

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The banking sector must show “contrition” for past failures and rediscover “a culture of the virtues”, the Church of England’s Mission and Public Affairs Council has said, in written evidence to the Parlia­mentary Commission on Banking Standards.

The Commission was set up by MPs in the wake of the Libor scandal in July, to look at the pro­fessional standards and culture of the UK banking sector. The Bishop of Durham, the Rt Revd Justin Welby, is a member of the Commis­sion, which is composed of five MPs and five peers…

The MPA Council’s submission states: “The question is not whether systems have been adequate to identify and deal with the bad apples, but whether the whole orchard needs replanting.”

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They walked with heads held high, harboring dreams imagined in black and gold, marching to the peculiar orders of the times.

A movement was beginning. That day, 50,000 people passed through the doors of Three Rivers Stadium, the massive concrete structure looming just west of the infamous Bridge to Nowhere, this time hoping that the Steelers, after 40 irrelevant seasons, were finally taking them somewhere worth going.

Each person in the stadium had his or her own dramas outside of it. There was the war that seemingly would not end, the intensifying of racial tensions across the city and, for those who were paying close enough attention, the fear that those hulking mills that lined the rivers were not going to be needed forever. But, the Steelers were host to the Oakland Raiders in the first round of the NFL playoffs, and such pressing matters could be thrust to the back burner for the good of Pittsburgh.

An absolute must read article for oh-so-many reasons, but perhaps above all for what it teaches about American history. Take the time to peruse it all–KSH.

Germany is set to advance a bill Wednesday imposing a spate of new rules on high-frequency trading, escalating Europe’s sweeping response to concerns that speedy traders have brought instability to the markets.

The measure seeks to require traders to register with Germany’s Federal Financial Supervisory Authority, collect fees from those who use high-speed trading systems excessively, and force stock markets to install circuit breakers that can interrupt trading if a problem is detected.

The new rules, which also grant the regulator the power to compel firms to detail their trading practices, will apply to anyone trading in Germany, no matter where they are based. If it is approved in cabinet, the bill will move to the Bundestag, the lower house of the German Parliament. The bill is widely expected to pass later this year.

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When members of the Council of European Episcopal Conferences gather Thursday to begin their plenary assembly, they will be addressing, according to the group’s president, the “greatest evil of our time.”
That evil is a “lack of hope,” according to Cardinal Péter ErdÅ‘, archbishop of Esztergom-Budapest, Hungary, and CCEE president.

The theme of the bishops’ four-day meeting is the social and spiritual aspects of the challenges of our times. The bishops will consider the topic through three different perspectives.

These three interventions have been entrusted to Archbishop André-Joseph Léonard of Malines-Brussels, president of the Belgian Bishops’ Conference; Professor Marta Cartabia, lecturer in law and judge of the Constitutional Court in Italy; and Professor Kuno Schedler, lecturer in business economics at the University of St Gallen.

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For years, Sean McGroarty ignored his mother’s urging to save money.

Then his mother, Karen Zader, 54 years old, lost her job as an administrative assistant. The family home, where Mr. McGroarty grew up, went into foreclosure, and Ms. Zader had to raid her retirement savings to pay bills.

Mr. McGroarty was shocked into action. He signed up for his employer’s 401(k) retirement-savings program last year. “What if life throws me a curve ball like that?” said the 27-year-old radio DJ.

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The National Football League (NFL) reached an agreement to end a labor dispute with its regular game officials on Wednesday, ending three weeks of questionable calls that had threatened the integrity of the sport.

The eight-year deal with the NFL Referees Association (NFLRA) will allow locked-out officials to return to action for this week’s games after replacements had struggled to act as cover for them in the early stages of the 2012 season.

Read it all. also, the regular referees are to work the Thursday game after the agreement, the AP reports.

Americans live 3½ years less than citizens of the five top-ranked countries – Japan, Hong Kong, Iceland, Switzerland and Australia.

The story of American life expectancy is an alarming expression of its larger story. The US is delivering the full benefits of prosperity and modernity in an increasingly narrow way.

It was long known that richer Americans improved their life expectancy at a greater rate than poor Americans, but lifespans lengthened for all. Today, advantaged Americans live longer while the disadvantaged live shorter. That is the real import of the new findings. It is about inequality, in the most basic manifestation – the number of days of life.

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Heidi Steffen and her husband used to treat themselves most weeks to steak at Sodak Shores, a restaurant overlooking a lake near their hometown of Milbank, S.D. Then they each got an iPhone, and the rib-eyes started making fewer appearances.

“Every weekend, we’d do something,” said Ms. Steffen, a registered nurse whose husband works at a tire shop. “Now maybe once every month or two, we get out.”

More than half of all U.S. cellphone owners carry a device like the iPhone, a shift that has unsettled household budgets across the country. Government data show people have spent more on phone bills over the past four years, even as they have dialed back on dining out, clothes and entertainment””cutbacks that have been keenly felt in the restaurant, apparel and film industries.

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…Rajoy is the victim of his electoral success: his majority government, ironically, is weaker for not including regionalist partners. The Catalan government sees the dissatisfaction with Madrid’s handling of the crisis as an opportunity: it may give the regionalists enough of a boost at the polls to force Madrid to hand them more autonomy, in other words, control of taxes. If Catalonia had control over its own taxes, the argument goes, the region would not have needed a bailout.

Rajoy’s choices are limited: he either refuses Catalan demands for more autonomy and risks enflaming Catalan nationalist sentiment, or agrees to increased autonomy, and risks enflaming Spanish nationalist sentiment.

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Several hundred retired military leaders are raising red flags about childhood obesity in the USA and its impact on finding qualified recruits. They want junk food to be booted out of schools.

Mission: Readiness, a group of more than 300 retired generals and admirals, says in a report out today that the 40% of students who buy high-calorie, low-nutrient junk food from school vending machines and cafeteria a la carte lines consume an average of 130 calories a day from those types of foods (candy, chips, cookies, pastries). That’s roughly 5% to 10% of the calories kids and teens should eat in a day.

Three-quarters of those ages 17 to 24, or about 26 million young people, cannot serve in the military, a quarter of them because they are overweight or obese, says retired Air Force lieutenant general Norman Seip, a spokesman for Mission: Readiness.

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Premium increases in certain Medicare drug plans may be more volatile next year with some popular plan rates jumping by double-digit percentages, a new study shows.

A report by Avalere Health, a Washington-based advisory firm and consultant to the health care industry said seven of the 10 most popular prescription drug plans chosen by seniors have double-digit percentage increases in their monthly premiums. Here’s a link to the Avalere report that analyzes the so-called Medicare Part D drug plans that contract with the Centers for Medicare and Medicaid Services to offer seniors prescription drug coverage.

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(Please note that you can find a map of all New Jersey counties here. You may know that I grew up in Lawrenceville, which is in Mercer County–KSH).

Just 30 minutes outside Philadelphia, amid the rolling farmland that produces some of the nation’s largest peach and bell pepper crops, more Gloucester County parents are seeking help to feed their children, while others live in tents in the wooded areas near major shopping centers.

From 2010 to 2011, the rate of child poverty in Gloucester County more than doubled, a shocking statistic in a county where the median income is more than $72,000, according to census data. In 2011, 7,395 children in Gloucester County were living in families earning about $22,000 a year or less, up from 4,687 children in 2010, according to census figures.

“Gloucester County is a distinctly middle-class place,” said Assemblyman John Burzichelli (D., Gloucester). “When you see those kind of numbers, it’s a reflection of what’s happening with the national economy.”

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Today…the church may look healthy on the outside, but it has swallowed the fatal pills. The evidence is stacking up: the church is dying and, for the most part, we are refusing the diagnosis.

What evidence? Take a gander at these two shocking items:

1. 20-30 year olds attend church at 1/2 the rate of their parents and ¼ the rate of their grandparents. Think about the implication for those of us in youth ministry: Thousands of us have invested our lives in reproducing faith in the next generation and the group we were tasked with reaching left the church when they left us.

2. 61% of churched high school students graduate and never go back! (Time Magazine, 2009) Even worse: 78% to 88% of those in youth programs today will leave church, most to never return. (Lifeway, 2010) Please read those last two statistics again. Ask yourself why attending a church with nothing seems to be more effective at retaining youth than our youth programs.

We look at our youth group now and we feel good. But the youth group of today is the church of tomorrow, and study after study after study suggests that what we are building for the future is”¦

”¦empty churches.

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Columbia leaders are trying to prepare the Midlands for an economy based on a leaner federal government and more white-collar jobs in the private sector.

“Everyone is rather bullish on the economy here in the Midlands, but I think nationally we’re seeing people come out of this Great Recession and focus on getting people back to work,” Mayor Steve Benjamin said. “We are aggressively seeking to attract more corporate headquarters, more white-collar jobs and make sure people are prepared for these jobs in the new economy.”

Columbia is projected to lose 16 percent of its federal jobs over the next 10 years as the overextended federal government trims down, according to a new report from IHS Global Insight, prepared for the U.S. Conference of Mayors, which is holding a meeting on workforce skills this week in Dallas.

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Just when the anger and complaints from a weekend of contempt toward replacement officials couldn’t get any hotter, a disputed call trumps it all.

Replacement ref rage peaked Monday night thanks to Seattle’s Golden Tate, and a bizarre touchdown call that will be debated, questioned and re-ignite frustrations over the locked-out officials.

Tate pushed a Green Bay defender out of the way, wrestled another for the ball and was awarded a touchdown on the final play to give the Seahawks a 14-12 victory over the Packers.

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Saying there are “troubling signs” of abuse in the way hospitals use electronic records to bill for Medicare and Medicaid reimbursement, the Obama administration warned in a letter to hospital associations Monday that it would not tolerate what it called “gaming the system” and vowed to vigorously prosecute doctors and hospitals implicated in fraud.

The strongly worded letter, signed by Attorney General Eric H. Holder Jr. and Kathleen Sebelius, the secretary of health and human services, said that “electronic health records have the potential to save money and save lives.” But the letter continued: “There are troubling indications that some providers are using this technology to game the system, possibly to obtain payments to which they are not entitled. False documentation of care is not just bad patient care; it’s illegal.”

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States saw little relief from poverty in the past year, especially among children, the unemployed and those in the lowest income brackets.

The latest Census figures show that 17 states had increases in the number of people living in poverty between 2010 and 2011. Only one state, Vermont, had a decrease; the other 32 showed no change.

Although the national poverty rate has been steady at 15.9%, the Census data show pockets of increases by geography and among demographic groups. The data reflect the economy’s slow recovery and anemic job growth, policy analysts say.

“The problem is high unemployment,” says Chuck Sheketoff, executive director of the Oregon Center for Public Policy….

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The York Fairness Commission will present its Final Report to the leaders of City of York Council on Thursday 27th September at an event at Bishopthorpe Palace.

The presentation of the report will be the culmination of months of work to see how inequality and unfairness can be tackled across York, in the face of a difficult economic situation nationally.

Whilst research shows two fifths of York residents are relatively well off, living in the best 20% of places in the country, around 13,000 residents in the City live in the most deprived 20% of the country. In addition , City of York Council must make £19.7m worth of savings over the next two years due to cuts imposed by central government.

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Would an expansion of Medicaid under the federal health-care law help or hinder South Carolina’s finances? Depends who you ask.

Strains of disagreement are building against the backdrop of a campaign by Gov. Nikki Haley’s administration to build opposition to an expansion.
Generally opposed by Republicans and favored by Democrats, the debate over whether to expand the Medicaid program in the states is set to play out in many statehouses across the country. That’s because a June Supreme Court ruling made the extension of coverage optional.

In the Palmetto State, advocates for the expansion contend Haley’s administration is emphasizing the costs and underselling offsetting economic benefits of an expansion.

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While addressing over 50 religious leaders at the Democracy and Peace Week dialogue, Rwaje said some members of the public shun going to church due to disappointment of messages relayed.

“Religious leadership is a calling from God and it is about teaching the word of God, but not looking for money from the faithful. There are biblical principles urging churchgoers to give offerings and tithes, but it should not be used as a platform to squeeze money out of believers,” Rwaje advised.

He added: “Religious leaders are allowed to have their personal business ventures besides performing their church duties; therefore, they should act faithfully and please God by keeping the two positions independent of each other. They must separate God’s work from their personal work”.

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Citing the European churches’ “strong commitment over the past century to the ecumenical movement and fellowship in Europe,” WCC general secretary Rev. Dr Olav Fykse Tveit urged their direct engagement in the current financial and social crisis in and beyond Europe.

Their past commitment “has changed the realities of Europe. It has borne much fruit on other continents. That can, and should, happen again,” he added.

Tveit shared this message at the General Assembly of the Community of Protestant Churches in Europe (CPCE) on 21 September in Florence, Italy.

Read it all and note the link to the full text of his remarks at the bottom.

The bishop who chaired the panel responsible for exposing the devastating truth about the Hillsborough disaster has called for a national debate to establish accountability and to allow those in positions of authority to win back trust.

As Liverpool play a highly-charged game at Anfield against Manchester United this weekend, the Bishop of Liverpool, the Right Rev James Jones, said that society was at a “crossroads”. His report, published last week, finally disclosed the extent of the cover-ups and lies told as authorities attempted to deflect blame for the 96 deaths.

He called for discussion that would help to restore accountability and trust to the police and other authorities. “It is timely for us to reconsider how people in positions of power, whoever they may be, behave in a transparent and accountable manner because to do so will then win back the trust which is so vulnerable at the moment in our society,” said the Bishop….

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An overwhelming majority of Greeks believe new austerity measures the government has promised its international lenders in exchange for more financial aid are unfair and hurt the poorest sections of society, a poll showed on Saturday.

Near-bankrupt Greece needs the European Union and International Monetary Fund’s blessing on measures worth nearly 12 billion euros ($16 billion) to unlock its next tranche of aid, without which it faces default and a potential exit from the euro zone.

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“I feel like if I leave it at home, I go a bit crazy,” said James Vohradsky, a 20-year-old student who had queued for 17 hours with his sister. “I have to drive back and get it. I can’t do my normal day without it….”

–From a Reuters article this week about the launch of the newest version of Apple’s Iphone

Anger over a film trailer mocking a sanctified Muslim religious figure has sparked violent protests across the Middle East that have taken the lives of dozens of people. Now, the strife is manifesting itself in the form of cyber war waged against America at home.

Over the course of this week, three major U.S. financial institutions have seen their web infrastructure targeted in technical attacks. On at least two occasions, groups or individuals claiming to be aligned with Muslims said the attacks were a reprisal for the ”˜Innocence of Muslims’ trailer that ridiculed the Prophet Mohammad.

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Gov. Jerry Brown of California announced when he came into office last year that he had found an alarming $28 billion “wall of debt” looming over the state, which had to be dismantled.

Since then, he has slowed the issuance of municipal bonds, called for spending cuts and tried to persuade the state’s famously antitax voters to approve a tax increase this fall.

On Thursday, an independent group of fiscal experts said Mr. Brown’s efforts were all well and good, but in fact, the “wall of debt” was several times as big as the governor thought.

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