Mr. Active

As Spring break is coming to an end, most of us are probably saddened with the fact that we're going to have to get off the couch, end our vacation, and get right back to school. For Sen. Kohl this certainly wasn't a "Spring Break" like weekend as he has been rather active in the news.

Getting back to the Google story from last week, more information and statements have been made public. The Fair Search Coalition (FSC) has released a statement about the work that the Senate Antitrust Committee has done in the last few weeks. It is important to remember that the FSC is also partnered with Microsoft, a company that has very often been reminded of antitrust laws by the United States. This feud will probably be ongoing for many many years to come just like it is shown in the US v. Microsoft time-line up above.

Also, as chairman of the Special Committee on Aging, Kohl has introduced some new recommendations on the nation's 401(k) plans. In summary, Kohl is calling for an increase in knowledge for employers so that they know what their benefits and risks are of having and introducing a 401(k) plan in their workplace.

This is following an investigation regarding a report that suggested that even though many companies had lost on their 401(k) plans in the last 3 years, the banks which had provided the plans reported no losses at all. Kohl called this situation "troubling" and has been actively trying to find a solution. For the rest of the information you can just read the article linked in the paragraph above.

Finally, there is some mention of Herb Kohl wanting the Justice Department to have the power of prosecuting OPEC member nations for raising their gas prices. However, I haven't really been able to find a credible source that would confirm this to a certain extent. I was able to find a one article that briefly mentions Kohl's solution to the "Drill, Baby, Drill!" motto of the republicans along with other solutions from more senior democrats. If anything new pops up I will be sure to give you all the news on that.

Enjoy the rest of your weekend! Til' Next time.