December 1995 News Today

When the sprawling brick mill complex burned down, owner Aaron Feuerstein continued to pay his 1,400 employees for months after the blaze shuttered operations.

Lalu denied bail in fodder scam case Updated: Updated: Yet to complete half his jail term, says Jharkhand HC Share Article Yet to complete half his jail term, says Jharkhand HC The Jharkhand High Court on Friday denied bail to Rashtriya Janata Dal (RJD) chief Lalu Prasad in the case pertaining to the fraudulent withdrawal of ₹3.13 crore from the Dumka treasury in then undivided Bihar between December 1995 and January 1996. Mr Prasad was sentenced in this fourth case of the multi-crore fodde...

Were working to make things simple, easy and awesome. welcome back. im stephanie rule. today is the first missed payday for 800,000 federal workers and hundreds of thousands of more federal contractors. the standoff is now tied with the december 1995 partial

Good morning its friday, january 11th. im yasmin vossoughian alongside burg. its friday and a missed payday for federal workers or contractors who are furloughed or not being paid. a standoff that entered today 21 and joins the december 1995 shutdown as the longest in history. yesterday saw protests around the country including washington, chicago, detroit, new york, kentucky, dallas and ogden, utah where the irs is one of the areas largest employers and three quarters of the workforce is furlou...

This marks the third government shutdown this year alone. the last one was in february. it lasted nine hours. the first one was in january. it lasted 69 hours. the longest government shutdown was from january 199 -- december 1995 to january 1996. it lasted 21 days. the overall cost to this thing was estimated to be $1.4 billion. how long this shutdown lasts remains to be seen. joining me now is my guests. garrett, lets start with you, because this is -- while its a congressional matter, its the ...

Him or will go to him that he will listen to who will say, this is a terrible, political thing to do. republicans can control the white house, the white house, and the senate. you and the party will be blamed for this and usually if we look back in history, there are significant consequences there. he may not care because its going to resound much more on the 2018 republicans than its going to currently on donald trump in 2020. but there is no political logic here that would suggest that this is...

>> jason, i want to get your take on the prospects of a second shutdown. you had mitch mcconnell saying its not going to happen, but ted cruz is not ruling it out. what do you think? are we going to potentially risk having another shutdown? >> i really dont see any reason why congress should want to put the country through that again. if you look at what happened to the economy in the first half of october, theres no question there was a marked deterioration and a range of indicators from labor ...

That the republican strategy is doomed to fail. >> its a cynical strategy. and like all the others that they have sent us and that have failed as these will fail today, it is, it has one purpose: not to get anything done, but to try to wriggle out of this view that theyve shut down the government. martha: a little context on the previous shutdowns we were just talking about with chris stirewalt, there have been 18 government shutdown since 1977 including this one. four of them were just one day ...

Thats about 7%. youre furloughing 800,000 workers without pay. now, in the past that pay has been retroactive but we dont know that yet. i think vis-a-vis the broader economy, even global economy, the question is does the shutdown make a default on our public debt less likely or more likely. theres two sides to the story. we can get into it if we like. thats the big economic question now. >> jared, during the 21-day shutdown from mid december 1995 to early january 1996, stocks lost about 4% of t...

Of course, they had the right to know and they should have known. >> but the company never told nearby residents, like david and diane prince, they might be in harms way. in this 1991 meeting agenda, theres even a handwritten note, vista feels a public hearing is unnecessary. >> if i have edc under my property, i need to know about it. if it could possibly affect my health, i need to know about it. >> it wasnt until december 1995, more than a decade after the company began trying to contain the ...