Pilot Shortage To Cut Flight Options? Maybe, Maybe Not, Says Govt. Report

Pilot Shortage To Cut Flight Options? Maybe, Maybe Not, Says Govt. Report

Once upon a time many youngsters dreamed of careers as pilots. The thrill of taking flight and the glamorous depictions on television and the big screen created fantasies of a career in the sky. Over the years the industry has changed. Recently regional airlines have reported new regulations, higher costs of school and lower salaries are causing a pilot shortage that could result in fewer flights for consumers. But a new report by the Government Accountability Office shows that the issue may be more complicated than it seems. [More]

Outdated Social Security System Puts Some Who Wait To Marry At Greater Risk For Poverty In Retirement

Outdated Social Security System Puts Some Who Wait To Marry At Greater Risk For Poverty In Retirement

Marriage has long been seen as a way to bring stability to a couple’s finances. You earn together, save together, and many decades down the road you may even qualify to receive retirement and survivor income from Social Security thanks to your beloved. But times are changing and the rules that govern these benefits were designed more than 50 years ago when fewer women worked and couples tended to tie the knot earlier. Today’s evolving marriage and work trends are leaving some future retirees vulnerable. [More]

(stevendepolo)

Many Victims Of Shady Foreclosure Practices Will Only Get $300-$500 Under Government Plan

There’s no doubt that millions of homeowners were the victims of shady foreclosure practices at the country’s biggest banks when the recession hit. So many of those people were likely hoping for a positive resolution to their woes when the government said it was going to figure out how to compensate homeowners with its Independent Foreclosure Review, an investigation into banks’ mistakes in servicing mortgages. But after waiting years for an answer, about three million eligible borrowers will only be seeing checks for between $300 and $500. [More]

(frankieleon)

If No One Likes The Dollar Coin, Why Is The U.S. Government Trying To Push It So Hard?

Despite the fact that the American public seems to be pretty anti-dollar coin in the coin vs. bill debate, Congress is still fighting to push the $1 coin on the country, almost a year after the debate first began. We say fight, because as history has shown, the general population doesn’t mind chucking dollar coins in a jar but is definitely against waving goodbye to paper $1 bills forever. [More]

Morning News Roundup

Morning News Roundup