Archive for April, 2010
U.S. Opens Criminal Investigation Into Goldman Sachs
Ratcheting pressure on Goldman Sachs two days after its executives were grilled and rebuked in the public glare, the Justice Department has opened a criminal investigation …
At Congress Thursday,the Senate lurched into action on sweeping legislation backed by the Obama administration that would clamp down on Wall Street and the sort of high-risk investments that […]
Consumers shine despite slower-than-expected GDP
WASHINGTON (Reuters) - The economy grew at a slightly slower-than-expected pace in the first quarter, held back by inventories and exports, but resurgent consumer spending offered evidence of a sustainable recovery, a government report showed on Friday.
Gross domestic product expanded at a 3.2 percent pace, the Commerce Department said in its first estimate — marking […]
More Americans Favor Than Oppose Arizona Immigration Law (Gallup Poll)
PRINCETON, NJ — More than three-quarters of Americans have heard about the state of Arizona’s new immigration law, and of these, 51% say they favor it and 39% oppose it.
These results are based on a new Gallup poll conducted April 27-28, in the days after Arizona Gov. Jan Brewer’s signing the bill into law. […]
Illegal immigrants plan to leave over Arizona law
An estimated 100,000 illegal immigrants have left Arizona in the past two years as it cracked down on illegal immigration and its economy was especially hard hit by the Great Recession. A Department of Homeland Security report on illegal immigrants estimates Arizona’s illegal immigrant population peaked in 2008 at 560,000, and a year later dipped […]
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NANCY, IS THAT YOU? (Princess Pelosi)
If Kim Kardashian and Britney Spears get flak for airbrushing their photos, why not the speaker of the House?
If you haven’t managed to score a copy of the May/June 2010 edition of Capitol File magazine (typically flanked on every table or bathroom at any D.C. social function) you’ll notice the cover girl Nancy Pelosi looking […]
Army Colonel Charged with Producing Own Child Pornography
ATLANTA, GA—EDGAR PAGAN-TORRES, 41, of Peachtree City, Georgia, a lieutenant colonel with the U.S. Army, has been indicted by a federal grand jury on child pornography production and possession offenses. PAGAN made his initial appearance before a United States Magistrate Judge on April 15, 2009 and was indicted this afternoon.
United States Attorney Sally Quillian Yates […]
Obama Increased Africa Military Funding 300%(FY2010)
In its budget request for the State Department for the 2010 financial year, the Obama administration proposed significant increases in funding for US arms sales and military training programmes for African countries, as well as for regional programmes on the continent, and is expected to propose further increases in its budget request for the 2011 […]
Why Should You Be Freaked Out About Greece? Remember, The Great Depression Had Two Parts
Why Should You Be Freaked Out About Greece? Remember, The Great Depression Had Two Parts
Megan McArdle
Apr. 28, 2010, 4:37 PM
The most terrifying words I’ve seen written so far about the growing crisis in Greece were penned by Yves Smith yesterday: “So the whole idea that the financial crisis was over is being called into doubt. […]
‘This is Alabama; we speak English,’ gubernatorial candidate says!
Video: Republican Alabama gubernatorial candidate Tim James (and son of previous Gov. Fob James) vows in a new campaign ad that if he’s elected, he’ll give the state driver’s license exam only in English, as a cost-saving measure. “This is Alabama; we speak English,” he says in the ad. “If you want to live here, […]