Berkshire Hathaway, for example, descends partly from The Valley Falls Company, a textile manufacturer owned by members of an abolitionist family, Rockman said.
But members of the abolitionist family “rarely paused to ask where their cotton came from,” Rockman said. “Virtually every cotton fiber they spun and wove would have been slave-grown and slave-picked.”
William Darity Jr., a public policy professor at Duke University, talked about the role of insurers in slavery. He noted that Aetna, AIG, Baltimore Life, Loews Corp., New York Life and Southern Mutual Insurance Company all descend from companies that protected slaveowners against the deaths of slaves.
What’s interesting about the Senate age distribution is that though we have some difference in the lumpiness, when I look at the average age of the senators by party, they’re basically the same: 64 years old (and some change). On the younger end of the Boomers.
Top legislative Democrats joined a Thursday letter challenging Gov. Janet Mills to give state retirees a bigger cost-of-living increase to address inflation with the governor nearly ready to release a key spending plan.
People in the Maine Public Employee Retirement System, which includes retired state employees and teachers, were told last summer that they would receive a 3 percent increase to their benefits up to nearly $23,000. Inflation during that time was 5.4 percent.
A letter sent to the governor on Thursday by 59 lawmakers led by Sen. Joe Rafferty, D-Kennebunk, and joined by all Democratic leaders in both chambers, including Senate President Troy Jackson, D-Allagash, and House Speaker Ryan Fecteau, D-Biddeford, asks Mills to fund an increase commensurate with the level of inflation in her upcoming budget proposal.
Congressional showdowns over the debt limit are nothing new, but this time around there’s a unique wrinkle. The House approved a bill on Tuesday night with what was essentially a party-line vote that paves the way for Congress to avoid a possible default on the national debt in the coming weeks. Here’s the tricky part: “The measure would create a special pathway—to be used only once, before mid-January—for the Senate to raise the debt limit by a specific amount with a simple majority vote, allowing Democrats to steer clear of a filibuster or other procedural hurdles so that Republicans would have no means to block it,” The New York Times reports.
The upshot, assuming this deal holds up long enough to avert the December 15 deadline for raising the debt limit, is that there won’t be another showdown like this before the midterm elections next November.