Stories for January 3, 2013
California law bans former state lawmakers from becoming lobbyists until they’ve been out of office for a year. But public interest groups say many firms find a way to employ ex-lawmakers anyway.
MARKET WARRIORS head to Walnut, Iowa, to the Walnut Antique Show, with a new competitor in the mix. The target assignment is gold, and Mark L. Walberg injects some quick wit when one of the pickers goes for a broad interpretation the others aren’t buying. Some key finds include a Herman Miller chair, an aluminum plane and a piece of tramp art (a woodcutting style that involves layers of whittled pieces).
Today’s approval is conditional, based mostly on the state's ability to meet federal guidelines and satisfy conditions of its own plans for the new marketplace.
In Corpus Christi, Texas, ANTIQUES ROADSHOW discovers a million-dollar item when a guest brings in a Diego Rivera oil painting created in 1904 when the artist was just 18 years old! Other highlights include a 1967 painting by Alexander Calder; a Japanese bronze depicting a mythical figure; and a giant Fisk “Tire Boy” sign valued at $8,000 to $12,000.
As Americans continue to sort out the contents of the fiscal cliff legislative package passed by Congress Tuesday, they are finding elements they like and some they hate.
It may be more famous now than any time in its 1,300-year history as the setting of “Downton Abbey,” but England’s Highclere Castle has its own stories to tell. In its heyday, Highclere was the social epicenter of Edwardian England. See how all the inhabitants of Highclere lived, from the aristocrats who enjoyed a life of luxury to the army of servants toiling “below stairs.” Also find out how the current inhabitants, Lord and Lady Carnarvon, spend their $1 million in annual upkeep funds and what life in a fairytale castle is like today.
Transocean, the owner of the Deepwater Horizon rig where 11 men died in April 2010, has agreed to pay $1.4 billion in criminal and civil penalties to resolve Justice Department allegations over its role in the Gulf of Mexico oil spill.
The 113th Congress is now in session. The gavels have been dropped in both the House and Senate. So, work on the People's Business has begun.
By letting the House take up the Senate's fiscal cliff-dodging legislation that raises income tax rates on the wealthiest earners, Speaker John Boehner answered affirmatively a question that had been on many minds: Would he allow an up-or-down floor vote on a bill opposed by most fellow House Republicans?