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Browsing All Posts published on »October, 2009«
Zelaya to be reinstated in Honduras deal
In a deal brokered by senior US diplomats, an agreement has been reached that will potentially reinstate Manuel Zelaya as President of Honduras after he was was ousted in June. Under the agreement, interim President Roberto Micheletti will step down and Zelaya will resume his office until upcoming presidential elections at the end of November. The deal must […]
Economy grows in 3rd quarter, experts still worried
October 29, 2009
We’ll get to why they’re worried in a second. The big headline is that the American economy grew at an annual rate of 3.5% between July and September. The report by the Commerce Department boosted world stock markets and was the biggest rate of growth since the third quarter of 2007. But this news, encouraging […]
Pelosi unveils House health care plan
October 29, 2009
[picapp src=”b/3/3/e/House_GOP_Leaders_a6ac.jpg?adImageId=6992584&imageId=6937849″ width=”380″ height=”237″ /] In a ceremony closed to the public, House Speaker Nancy Pelosi unveiled to much fanfare her version of health care reform that includes a public option. Weighing in at an astounding 1900 pages, it has an estimated (emphasis on estimated) net cost of $894 billion, making each word worth roughly $2.24 […]
Lieberman, Snowe and other moderates to oppose Reid’s public option Senate bill
October 27, 2009
Senate Majority Leader Harry Reid announced yesterday that he was planning on sending a bill to the Senate floor that has a public option with an opt-out clause for states (although apparently a co-op will also be involved too). He’s going to run into some problems, however, from his previous allies when it comes time […]
Guest posting on The Moderate Voice
October 25, 2009
I’ve really dropped the ball in passing along a bit of news regarding myself and this site. A few months ago, Joe Gandelman e-mailed me and asked if I’d like to write a few guest posts for his site, The Moderate Voice. I happily accepted, and I’ve sent him a few of the posts I’ve […]
Broadcast news stands up for Fox, rebuffs White House
October 25, 2009
There was a heartening turn of events on Thursday that doubled as bad news for the White House in its ill-advised war on Fox News. As part of its petulant campaign against Fox, the Obama administration tried to exclude Fox News from participating in a press pool interview with “pay czar” Kenneth Feinberg. To their credit, […]
Obama admin to slash executive pay
October 21, 2009
The Obama administration indicated today that it will slash the salaries of executives of companies who received bailout money by up to 90%. Kenneth R. Feinberg is the Treasury Department official in charge of executive compensation and will implement the plan that will see the salaries of 25 execs cut at companies that include Citigroup, […]
Justice Dept: Black voters need “Democratic Party” listed
October 20, 2009
The small town of Kinston, NC, population 23,000, voted to do away with partisan elections, meaning party affiliation would be meaningless in local contests. To comply with the Voting Rights Act, they first had to get the approval of the Justice Department, which in an opinion devoid of logic denied the request saying equal rights […]
Maturity: Dems lock GOP out of committee room
October 20, 2009
[picapp src=”1/e/c/0/Babys_Tears_1ede.jpg?adImageId=6267657&imageId=5359575″ width=”234″ height=”300″ /] In the latest example of how seriously lacking in leadership Congress has become, one needs to look no further than the actions of Rep. Edolphus Towns, Democratic chairman of the House Oversight and Government Reform Committee, who locked the Republican members out of the committee room so they couldn’t meet there […]
The White House’s curious war against Fox News
October 19, 2009
Over the last week, members of the White House staff have gone out of their way to single out Fox News as an unworthy news organization. It began with White House communications chief Anita Dunn’s rant on CNN last Sunday saying Fox wasn’t a real news network and was more a wing of the Republican […]
Dollar losing status as world reserve currency
October 13, 2009
Troubling news on the strength of the dollar as a report comes out showing that banks are moving away from using it as their reserve currency. Central banks increased their foreign currency holdings by $413 billion last quarter to a global total of $7.3 trillion. The bad news for us is that 63% of the […]
Senate Finance Committee approves Baucus bill
October 13, 2009
With a vote of 14-9, the Senate Finance Committee approved the healthcare reform bill summary proposed by Sen. Max Baucus. Republican Sen. Olympia Snowe crossed party lines to support the measure, though she said she could not guarantee her future support for the bill depending on the direction legislation takes. The President and his supporters are pleased […]
BBC: What happened to global warming?
October 12, 2009
The BBC has a wonderfully balanced article on global warming that notes that the past 11 years have seen no increase in global temperature and that current climate models have failed to predict such a trend. What’s more, some scientists think we may actually be in a period of global cooling, although the science is […]
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October 30, 2009
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