35 days ago by DaveJolly

President Obama yesterday played a violent game of kickball with the US Constitution, making a number of high-level “recess” appointments — even though the Senate isn’t actually in recess. He named former Ohio Attorney General Richard Cordray to head the Consumer Financial Protection Board, a nomina ...

35 days ago by kkeithnr

AP January 4, 2012: Defense Secretary Leon Panetta hosts an honor cordon to welcome Lithuanian Defense Minister Defense Rasa Jukneviciene. WASHINGTON – President Barack Obama is putting his personal stamp on a rejiggered Pentagon strategy for absorbing hundreds of billions of dollars in defense budg ...

35 days ago by kkeithnr

One of President Obama’s chief political strategists tried to coin a new nickname for Republican presidential candidate Mitt Romney, thrashing his political positions and what he says the GOP candidate stands for. David Axelrod called Romney the “25 percent man” during a conference call with reporte ...

35 days ago by kkeithnr

Baghdad (CNN) — A series of bombings in Baghdad left 24 dead and dozens wounded Thursday, intensifying fears of an increase in sectarian violence in the midst of a political crisis. A triple bombing in Baghdad’s Sadr City area Thursday morning killed at least nine people and wounded 35 others, an of ...

36 days ago by Desperado

Hallelujah! At long last, some backbone. Following his recess appointment of Richard Cordray as the head of the Consumer Financial Protection Bureau yesterday, President Obama announced 3 appointments to the National Labor Relations Board: "The move, which is arguably as important as the Cordray app ...

36 days ago by Harold

Thomas Friedman writes in his column yesterday that none of the Republican candidates has focused much on technological innovation, then proceeds to focus on the matter of “smart cities.” Friedman’s thesis is fairly straightforward: to maintain our competitive edge, we will …

36 days ago by poudel

०५ जनवरी, २०१२ काठमाडौं– निरन्तर घाटामा गएको नेपाल आयल निगमलाई कर्मचारी सञ्चय कोषले १ अर्ब ५० करोड ऋण दिने निर्णय गरेकोमा कोषमा क्रियाशील तीन कर्मचारी यूनियनले आपत्ति जनाउँदै सञ्चयकर्ताहरुलाई समेत विरोधमा उत्रिन आह्वान गरेका छन् । नेपाल वित्तीय संस्था कर्मचारी संघ, सञ्चयकोष कर्मचारी संघ र नेपाल राष् ...

36 days ago by Enarm

Wall Street Journal Obama Picks Nominee Fight Wall Street Journal By LAURA MECKLER And VICTORIA MCGRANE WASHINGTON—President Barack Obama installed four key regulatory appointees Wednesday without Senate approval using a disputed legal maneuver, setting off a clash with Republicans over presidential ...

36 days ago by MB Snow

This could be just the beginning. If President Barack Obama’s legally dodgy appointment of Richard Cordray to head the consumer finance agency should stick, it may open the door to more such actions. Here’s Jaret Seiberg of the Washington Research Group: To us, the most important takeaway from a rec ...

36 days ago by MB Snow

Thanks to an explosion of Keynesian deficit spending around the world, an explosion that has predictably correlated with weak economic output, major ink is being spilled about the economic crack-up unfolding before our eyes. To state the obvious, wasteful, capital destroying governments can only spe ...