Money
A New Lawsuit and Partial Shutdown: Alleging that the Federal Government is Violating the Law by Requiring Some Federal Employees to Work Without Pay
Editor's Note: Two points about this lawsuit are it doesn't force an injunction and doesn't protect private contractors. "Our members put their lives on the line to keep our country safe,” said J. David Cox Sr., national president, American Federation of Government Employees, “requiring them to work without pay is nothing short of inhumane. Positions that are considered ‘essential’ during a government shutdown are some of the most dangerous jobs in the federal government. They are frontline public safety positions, including many in law enforcement, among other critical roles. A substantial number of those working without pay are military veterans." more »
I Never Thought I'd See ... Chambermaids Do Not Seem to Be in Any Danger of Being Replaced by Chambermisters
Rose Madeline Mula writes: It’s interesting to note that in some areas men are managing to withstand female infiltration. Doormen are still doormen, for example. I know that I, for one, have yet to see a door woman. Since Joan Rivers’ failed foray into the arena, late-night TV hosts are still male. Since Oprah’s retirement, Ellen DeGeneres still rules the afternoon; but will we ever see a Stephanie Colbert or Jenny Kimmel after dark? Females, on the other hand, unfortunately, seem to have a lock on less prestigious, less lucrative careers. more »
Was This Another Year of the Woman? More Than a Quarter of All Candidates Running for Congress or Governor This Year Were Women
Jo Freeman writes: While some races are still too close to call, 2018 also saw a great leap upward in the number of women running and winning. More than a quarter of all candidates running for Congress or Governor this year were women (272 of 964). What 1992 has in common with 2018 is that these candidates were overwhelmingly Democrats. For the Democratic Party, this was another year of the woman; not so much for the Republicans. In November, Democratic women ran for 93 seats and won nearly half. Republican women ran for 13 and won less than a quarter. Several issues were prominent which attracted women voters. Exit polls said that the chief issue in 2018 was healthcare. Family separation of would-be immigrants was another. more »
Federal Reserve Speech by Lael Brainard: What Are We Learning about Artificial Intelligence in Financial Services?
Editor's Note: fin·tech, noun. Computer programs and other technology used to support or enable banking and financial services. "fintech is one of the fastest-growing areas for venture capitalists". "By accessing data sets with consumers' personally identifiable information and applying open-source AI tools, a phisher may be able to churn out highly targeted emails to millions of consumers at relatively low cost, containing personalized information such as their bank account number and logo, along with past transactions. In cases such as this, where large data sets and AI tools may be used for malevolent purposes, it may be that AI is the best tool to fight AI." more »