Open thread: How to shred a nation

It's easy.

Americans paid the lowest tax rates in 30 years to the federal government in 2009, in part because of tax cuts President Obama sought to combat the Great Recession, congressional budget analysts said Tuesday.

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Repeal ACA in House: It

Repeal ACA in House: It passes, 284-185. Five Democrats Blue Dogs voted with the Republicans. The roll call isn't in yet, but Reps. Dan Boren (Okla.), Larry Kissell (N.C.), Mike McIntyre (N.C.)

Must read on Fracking

US Insurer Won't Cover Gas Drill Fracking Exposure

http://www.nytimes.com/aponline/2012/07/12/us/ap-us-gas-drilling-insuran...

Nationwide said risks involved in fracking operations "are too great to ignore" and apply to policies of commercial contractors and landowners who lease property to gas companies.

"After months of research and discussion, we have determined that the exposures presented by hydraulic fracturing are too great to ignore. Risks involved with hydraulic fracturing are now prohibited for General Liability, Commercial Auto, Motor Truck Cargo, Auto Physical Damage and Public Auto (insurance) coverage."

It said "prohibited risks" apply to landowners who lease land for shale gas drilling and contractors involved in fracking operations, including those who haul water to and from drill sites; pipe and lumber haulers; and operators of bulldozers, dump trucks and other vehicles used in drill site preparation.

In late 2010, Houston-based driller Cabot Oil & Gas Corp. settled for $4.1 million with residents of Dimock, Pa., over gas found in their water. State environmental regulators determined Cabot contaminated the aquifer underneath homes with explosive levels of methane.

Bill Johnson former Progress Energy CEO to face Commission

The North Carolina Utilities Commision, in a continuing investigation into closed-door dealings as Progress Energy and Duke Energy merged, have asked Bill Johnson, who was CEO of Progress, to testify. A hearing will take place July 19. Keep up with breaking news at http://www.wral.com/

Martha Brock