Latest Articles

Brevity: Headers | « Text »
  • Businessman: Jill Kelley Asked For $80M, Bragged of Petraeus Connection [The Korean Deal]

    11/16/2012 9:34:20 AM PST · by Steelfish · 24 replies
    ABC News ^ | November 16, 2012 | BRIAN ROSS
    Businessman: Jill Kelley Asked For $80M, Bragged of Petraeus Connection By BRIAN ROSS | ABC News A New York businessman who discussed a multi-billion-dollar Korean business deal with Jill Kelley said the Tampa woman at the center of the Petraeus scandal told him Gen. Petraeus had arranged for her to become an honorary consul for South Korea and promote free trade, and then asked him for $80 million to complete the deal. "Ms. Kelley made it clear to me that General Petraeus put her in this position, and that's why she was able to have access to such senior levels...
  • Religious conservatives’ uphill battle (Obama won the total Catholic vote by a small margin)

    11/16/2012 9:34:05 AM PST · by SeekAndFind · 17 replies
    Washington Post ^ | 11/16/2012 | Michael Gerson
    The Catholic Church — a politically and ethnically sprawling institution — has no natural home on the American ideological spectrum. Neither major party combines moral conservatism with a passion for social justice. So Catholic leaders have often challenged Democrats to be more pro-life and Republicans to be more concerned about immigrants and the poor. But President Obama’s first term was a period of unexpected aggression against the rights of religious institutions. His Justice Department, in the Hosanna-Tabor case, argued against the existence of any “ministerial exception” to employment rules. Obama tried to mandate that Catholic schools, hospitals and charities offer...
  • Hostess bankruptcy: Twinkies-maker Hostess Brands to go into liquidation, files for bankruptcy

    11/16/2012 9:33:44 AM PST · by LucianOfSamasota · 32 replies
    wptv.com ^ | Nov 16, 2012 | James O'Toole
    UPDATE: Twinkies-maker Hostess Brands says it has asked court to allow it to close its business and sell its iconic brands. PREVIOUS STORY: NEW YORK -- Is this the end for Twinkies? Hostess Brands said Wednesday that it will go into liquidation unless bakers striking in protest against a new contract imposed in bankruptcy court return to work by the end of the day Thursday. "We simply do not have the financial resources to survive an ongoing national strike," Hostess CEO Greg Rayburn said in a statement. The liquidation would result in Hostess' nearly 18,000 workers losing their jobs. The...
  • Escalation: Hamas aims rockets at Jerusalem

    11/16/2012 9:30:16 AM PST · by SeekAndFind · 25 replies
    Hotair ^ | 11/16/2012 | Ed Morrissey
    Every few years, Hamas' rocket fire into southern Israel intensifies to the point where Israel has little choice but to respond, and every few years a shooting war erupts that usually ends with Israeli troops in Gaza and the world demanding a cease-fire from both sides. Those calls actually produced a cease-fire that lasted about three hours before Hamas sent more rockets out of Gaza again, unleashing longer-range rockets that took aim at Israel's commercial center of Tel Aviv.Today, however, Hamas ratcheted up the stakes by aiming for the first time at Jerusalem, the holy city for Jews, Christians, and...
  • Golden State turns to lead, now leads poverty rankings

    11/16/2012 9:30:14 AM PST · by TurboZamboni · 28 replies
    daily caller ^ | 11-15-12 | neil munro
    The Golden State has reached a poverty rate that is now twice as bad as West Virginia’s and substantially worse than the rates of poverty in Mississippi, Alabama, Arkansas and Texas, according to a new measure of poverty developed by the federal Census Bureau. Democrat-run California earned its last-place rank under the federal government’s new measure of poverty, which incorporates more detailed analyses of welfare payments and the local costs of food, gasoline and housing California snatched the last-place prize from Mississippi, which had the highest poverty rate under the older and simpler measure, which gauged people’s ability to buy...
  • North: Sexting with the Stars

    11/16/2012 9:27:12 AM PST · by jazusamo · 12 replies
    Creators Syndicate ^ | November 16, 2012 | Oliver North
    Washington, DC - For two months, the so-called mainstream media all but ignored the Sept. 11 terror attack in Benghazi, Libya that resulted in four dead Americans. What actions the Obama administration took before, during and after the bloody assaults on the U.S. consulate and a CIA outpost should have been a legitimate election issue. But the Romney campaign only raised the disaster once — and then avoided it like an outbreak of the Ebola virus. Now that the election is decided, the Fourth Estate is on the story. Though the president never mentioned the Benghazi debacle in his prepared...
  • Warning: The World's Third-Largest Economy Could Crash Soon

    11/16/2012 9:26:28 AM PST · by Kaslin · 23 replies
    Townhall.com ^ | November 19, 2012 | David Sterman
    In the summer of 2010, a little-noted milestone took place. China passed Japan to become the world's second-largest economy. Now, Japan needs to keep an eye on the rear-view mirror. Germany and Brazil are gaining ground and may overtake the Asian country in coming decades as well. Japan's steady decline  -- relative to other economies -- can be attributed to a pair of factors: A rapidly-aging population and a too-strong currency. These two factors are crimping demand for goods and services at home, as well as foreign demand for exports.This isn't a new story. The Japanese economy has barely budged...
  • Why Financial Repression Will Fail

    11/16/2012 9:25:50 AM PST · by arthurus
    Seeking Alpha ^ | November 15, 201 | Ron Hera
    Measures that began as emergency interventions became routine, suggesting a new economic paradigm. In the new paradigm, big banks, politicians and academics would decide what market outcomes, e.g., bankruptcies, interest rates or bond yields, would be permitted, as well as when to apply accounting rules, regulations and laws. Despite increased centralization of decision making and greatly expanded powers, however, policymakers were unable to repair the financial system. Instead, mounting government debt led to de facto financial repression. Financial repression occurs when governments channel funds into their own sovereign bonds ...
  • Once Again, Let's Not Increase the Debt Ceiling

    11/16/2012 9:24:17 AM PST · by SeekAndFind · 9 replies
    American Thinker ^ | 11/16/2012 | Jeffrey L. Scribner
    Are our politicians all gutless wonders? Almost two years ago, I suggested that the Congress not increase the debt ceiling. The debt ceiling was increased. No budgets were adopted. Spending continued. As of November 9, 2012 (this writing), the debt now stands at $16,245,318,820,569.34. Worse yet, the debt and the prospect of more of it is weighing down the economy. GDP growth remains very low, and consequently, federal government revenues are also lagging. The recent presidential election suggests that we will see more of the same. The Speaker of the House has proposed an extension of the current tax rates...
  • Concealed gun charge against ODU student dismissed(VA)

    11/16/2012 9:22:56 AM PST · by marktwain · 8 replies
    hamptonroads.com ^ | 16 November, 2012 | Patrick Wilson
    Misdemeanor charges of possessing a concealed handgun and an open container of alcohol in a vehicle against an Old Dominion University student were dropped in court. The charges against Te Edwards, 22, were dismissed Nov. 2, court records show. The charges stemmed from an investigation Aug. 4 near the 7-Eleven at 4720 Hampton Blvd. when police stopped the occupants of a vehicle and questioned them. Edwards said he had a loaded handgun in the glovebox. A change in Virginia law approved by the General Assembly in 2010 allows guns to be secured in a vehicle's glove box or in a...
  • 'Real-time' video shows Benghazi drama, but questions remain

    11/16/2012 9:21:50 AM PST · by mojito · 19 replies
    CNN ^ | 11/16/2012 | Staff
    Thanks to testimony and "real-time" video, lawmakers said they got their clearest picture yet Thursday of the deadly attack on a U.S. diplomatic compound in Libya, though questions and tensions remain as to how President Barack Obama's administration handled the matter. Republicans and Democrats who attended closed-door sessions of the House and Senate intelligence committees described what they heard and saw as informative, albeit not necessarily conclusive. [....] Legislators saw a "real-time film (showing) exactly what happened" on September 11 in Benghazi, starting before the attack began up "through the incident and the exodus," said Feinstein. A source familiar with...
  • New Study Reveals First Polynesians Arrived in Tonga around 826 BC

    11/16/2012 9:18:49 AM PST · by Theoria · 5 replies
    Sci-News ^ | 09 Nov 2012 | Sergio Prostak
    Archaeologists, using new high-precision techniques, have come to the conclusion that first settlers arrived in Polynesia almost 2,900 years ago.This is a view on an island in Tonga (thekingdomoftonga.com) Polynesia was one of the last places on our planet to be settled by humans. In 2008, Prof David Burley of Simon Fraser University in Canada and his team claimed that Tonga was the first group of islands in the region to be settled by migrants – the Lapita people – some 3,000 years ago, and that Nukuleka, a small village on the coast of the Tonga’s Tongatapu Island, was their...
  • Coast Guard: 4 injured, 2 missing in oil rig fire in Gulf

    11/16/2012 9:17:39 AM PST · by TigerClaws · 12 replies
    VENICE (AP) — Coast Guard officials said an oil rig exploded off the coast of Louisiana, sending four people to hospitals Friday. Two were believed to be missing. Petty Officer 3rd Class Jonathan Lally, a spokesman for the Coast Guard, did not immediately have information on the conditions of those taken to hospitals.
  • Good News: EU Budget Talks Collapse

    11/16/2012 9:17:18 AM PST · by Kaslin
    Townhall.com ^ | November 16, 2012 | Mike Shedlock
    I have a bit of good news today. The efforts of European Council president Herman Van Rompuy to mollify the UK and other budget hawks have created such a stir that France rejects EU budget compromise. Jean-Marc Ayrault, the French prime minister, objected to deep cuts to agriculture spending included in the proposal, but also expressed displeasure with reductions in the development money, known as cohesion funds, that benefit poorer regions. The biggest object of displeasure appeared to be Mr Van Rompuy’s move to trim €25bn from the common agricultural policy – traditionally France’s biggest priority – compared with a...
  • Republican House Leader covered up for Obama and Regime

    11/16/2012 9:13:36 AM PST · by Oldpuppymax · 21 replies
    Coach is Right ^ | 11/16/2012 | Doug Book
    In late October, an FBI agent and whistleblower brought a story of possible Bureau corruption to Republican House Majority Leader, Eric Cantor. It was a story of Obama Regime operatives deliberately sacrificing the national security interests of the United States for the president’s political gain. And what did the Republican house leader do with that information which—10 days before the election–could have shown that Barack Obama placed his own political advantage above the security of the nation? Why naturally he took the story to just one person–Obama appointee, FBI Director Robert Mueller, the very man who would have been responsible...
  • People's Republik of California Now #1 in Poverty

    11/16/2012 9:10:09 AM PST · by CharlesMartelsGhost · 12 replies
    The Pirate's Cove ^ | November 16, 2012 | William Teach
    The brokeyest broke state in the nation (which means it is also one of the brokeyest broke entities in the world, as it has the world’s 8th largest economy) has long served as the place where the far left has conducted field experiments for their policies. How’s that working out? Neil Munro tells us (Daily Caller) The Golden State has fallen on hard times, with a poverty rate that is now twice as bad as West Virginia’s and substantially worse than the rates of poverty in Mississippi, Alabama, Arkansas and Texas. Democrat-run California earned its last-place rank under the federal...
  • Leaders call fiscal-cliff talks 'constructive'

    11/16/2012 9:10:03 AM PST · by illiac · 16 replies
    MarketWtach ^ | 11/16/12 | Robert Schroeder
    WASHINGTON (MarketWatch) -- Congressional leaders emerging from a White House meeting to avert the fiscal cliff labeled the discussions "constructive." House Minority Leader Nancy Pelosi said they should have a goal to avert the cliff by Christmas, while Senate Minority Leader Mitch McConnell and House Speaker John Boehner both said Republicans were willing to put revenue on the table to reach a deal.
  • Compassionate Conservatism Redux (Bush 43 got the votes to prove it. Was he on to something?)

    11/16/2012 9:09:28 AM PST · by SeekAndFind · 24 replies
    National Review ^ | 11/16/2012 | Jonah Goldberg
    I think I owe an apology to George W. Bush. William F. Buckley once noted that he was 19 when the Cold War began at the Yalta conference. The year the Berlin Wall came down, he became a senior citizen. In other words, he explained, anti-Communism was a defining feature of conservatism his entire adult life. Domestically, meanwhile, the Right was largely a “leave me alone coalition”: religious and traditional conservatives, overtaxed businessmen, Western libertarians, and others fed up with government social engineering and economic folly. The foreign-policy battle against tyrannical statism abroad only buttressed the domestic antagonism toward well-intentioned...
  • Dozen House women defend Rice over Libya comments

    11/16/2012 9:08:47 AM PST · by NCjim · 61 replies
    Associated Press ^ | November 16, 2012
    A dozen female members of the House staunchly defended U.N. ambassador Susan Rice against Republican criticism over her remarks on the deadly Sept. 11 Libya attack, suggesting the GOP lawmakers' comments were racist and sexist. "It is a shame that anytime something goes wrong, they pick on women and minorities," Rep. Marcia Fudge, D-Ohio, the next chairwoman of the Congressional Black Caucus, told reporters Friday at a Capitol Hill news conference. Republican Sens. John McCain and Lindsey Graham earlier this week called Rice untrustworthy and unqualified to be the nation's top diplomat if President Barack Obama chooses her to succeed...
  • Connecticut’s Fiscal Mess. Democrats hid details of the ugly fiscal picture until after election.

    11/16/2012 9:06:13 AM PST · by SeekAndFind · 21 replies
    National Review ^ | 11/16/2012 | Jillian Kay Melchor
    As Congress considers massive tax hikes to fix the U.S. deficit, the state of Connecticut is worth a look. There, a similar strategy is failing epically. Governor Dannel Malloy’s budget chief told the state legislature on Wednesday that Connecticut was facing a $365 million deficit for this fiscal year. That’s nearly twice as big as the $205 million estimate released last week by the Office of Fiscal Analysis and the Office of Policy and Management. And it’s more than six times what Governor Malloy, a Democrat, had estimated before the election. If you think that discrepancy is suspicious, you’re not...