Help The Middle ClassNews and Information For The Heart Of America
White House: Sotomayor Says She Chose Words Poorly in 2001 Remarks
President Barack Obama on Friday personally sought to deflect criticism of Supreme Court nominee Sonia Sotomayor, who finds herself under intensifying scrutiny for saying in 2001 that a female Hispanic judge would often reach a better decision than a white male judge.
“I’m sure she would have restated it,” Obama flatly told NBC News, without indicating [...]
MOST OVERLOOKED STORY OF THE DAY: Obama Takes His Feud With Israel’s Netanyahu Public
Reporting from Jerusalem and Washington Richard Boudreaux — President Obama and top Israeli officials staked out sharply opposing positions over the explosive issue of Jewish settlements Thursday, propelling a rare dispute between the two close allies into full public view just days before the U.S. leader is due to deliver a long-awaited address in Egypt [...]
Wave ‘Goodbye’ To Jay Leno (Well, At Least For The Next 3 Months) – Tapes Final “Tonight Show”
You’d think someone who lasted 17 years as host of a television program in this day and age — particularly a show as venerable as NBC’s “Tonight Show” — would be receiving praise and honor.
Not so Jay Leno, whose final “Tonight Show” is Friday.
“Without fail, Leno’s show fills an hour and kills an hour,” wrote [...]
Sen. Levin: “Cheney’s Claims Are Lies”
Sen. Carl Levin, chairman of the Senate Armed Services Committee, says former Vice President Dick Cheney’s claims — that classified CIA memos show enhanced interrogation techniques like waterboarding worked — are wrong.
Levin, speaking at the Foreign Policy Association’s annual dinner in Washington on Wednesday, said an investigation by his committee into detainee abuse charges over [...]
Bush Defends Interrogation Program In Michigan Speech
Former President George W. Bush on Thursday repeated Dick Cheney’s assertion that the administration’s enhanced interrogation program, which included controversial techniques such as waterboarding, was legal and garnered valuable information that prevented terrorist attacks.
Bush told a southwestern Michigan audience of nearly 2,500 — the largest he has addressed in the United States since leaving the [...]
FED Gave Out $32M In Cash Bonuses In ‘08
Ever since we first heard about the FDA’s plan to buy gift cards to “incent” hard working employees to keep them, well, working hard, we wanted to know more.
You may recall that the FDA deal involved the purchase of 160 “employee incentive gift cards” worth $250 each. The contract was worth $41,030. (Yes, when you [...]
Foreclosure Woes Mount For Those With Good Credit
A record 12 percent of homeowners with a mortgage are behind on their payments or in foreclosure as the housing crisis spreads to borrowers with good credit. And the wave of foreclosures isn’t expected to crest until the end of next year, the Mortgage Bankers Association said Thursday.
The foreclosure rate on prime fixed-rate loans doubled [...]
US & South Korea Militaries Gird For Engagement With N. Korean
The U.S. and South Korea put their military forces on high alert Thursday after North Korea renounced the truce keeping the peace between the two Koreas since 1953. The North also accused the U.S. of preparing to attack the isolated communist country in the wake of its second nuclear bomb test, and warned it would [...]
Obama Picks Up Big Bucks In Beverly Hills and Makes Jokes At The Expense Of Protestors
* Editors Note: Point of clarification; the protesters outside the President’s speech last night were protesting his lack of support for the Gay community despite promises made during the campaign.
The state budget may be severely overdrawn, but the California political A.T.M. seems to be working just fine.
President Obama arrived at a back-to-back fund-raising dinner [...]
General Motors Makes New Stock Offer to Bondholders
General Motors Corp. said today it would offer holders of $27 billion of its bonds as much as 25% of the company provided that they don’t contest a plan to sell the automaker’s assets in a bankrupt cy proceeding.
The new offer, which is backed by the U.S. Treasury and has the likely support of about [...]
