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Front Page News (News/Activism)

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  • Fed launches new open-ended stimulus

    09/13/2012 10:16:54 AM PDT · by BradtotheBone · 39 replies
    The Hill ^ | 09/13/12 12:44 PM ET | Peter Schroeder
    The bank says it will work to stimulate the economy until it sees improvements in the labor market. The Federal Reserve announced an open-ended bond buying program Thursday it said would continue until the labor market improves "substantially." The announcement marks a significant new step in the Fed's effort to boost the economy, and also signals the central bank's concern about the weak recovery from the recession. The political ramifications of the move could also be huge. The decision comes less than two months before a presidential election expected to turn on voter perceptions of the economy. Stocks spiked on...
  • Cheney: This is just the “logical outcome of three-and-a-half years of Obama foreign policy”

    09/13/2012 10:06:08 AM PDT · by Lakeshark · 66 replies
    Hot Air ^ | 9/13/12 | Erika Johnsen
    I just wanted to take a moment to draw your attention to this particular op-ed, because… dang. Former Bush-administration State Department official Liz Cheney is going straight for the jugular with this one, and it is as damning an account of President Obama’s foreign policy failures as I’ve read.**snip** As Cheney points out, most of President Obama’s dealings on the international stage have been nothing short of a string of groveling apologies and attempts to weaken America and fall back to everybody else’s impuissant level, instead of us telling them what’s up, because apparently we don’t have to “moral authority”...
  • Video from Libya: ‘Don’t Shoot us! We were sent by Mursi’

    09/13/2012 10:14:33 AM PDT · by winoneforthegipper · 19 replies
    Walid Shoebat ^ | 09/13/12 | Staff
    There have been questions raised about whether the attack on the U.S. Embassy in Libya was done in conjunction with the attacks on the Embassy in Cairo. This video brings us closer to answering that question. In fact, it not only points to the same attackers but possibly to Egyptian President Mohamed Mursi himself.
  • Fed to launch QE3 by buying mortgage securities

    09/13/2012 10:04:23 AM PDT · by tapatio · 39 replies
    Market Watch ^ | 9-13-2012
    WASHINGTON (MarketWatch) — The Federal Reserve, worried that improvement in the unemployment rate has stalled, announced a third large purchase of bonds on Thursday in an effort to bring down long-term interest rates and spur growth.
  • Obama Says Egypt Neither Ally Nor Enemy

    09/13/2012 7:43:56 AM PDT · by Sub-Driver · 37 replies
    Obama Says Egypt Neither Ally Nor Enemy By Devin Dwyer | ABC OTUS News – 1 hr 6 mins ago President Obama says the U.S. would no longer consider the Egyptian government an ally, "but we don't consider them an enemy." In an interview with the Spanish-language network Telemundo, less than 24 hours after violent mobs stormed American diplomatic outposts in Cairo and Benghazi, Libya, Obama said the new Muslim Brotherhood leadership in Egypt was still "trying to find its way." "They were democratically elected. I think we are going to have to see how they respond to this incident,...
  • Obama rejects Netanyahu meeting, invites Egypt's Muslim Brotherhood president to talk...

    09/13/2012 7:11:36 AM PDT · by standingfirm · 33 replies
    Gateway Pundit ^ | 9/12/12 | Jim Hoft
    Unbelievable!… Barack Obama invited Muslim Brotherhood Egyptian President Mohammad Morsi to meet with him in New York next week. But, not Netanyahu. Israeli Prime Minister Benjamin Netanyahu lectured Barack Obama in the Oval Office on the dangers facing the Jews back in May 2011. But… Barack Obama won’t meet with Israeli leader Netanyahu over Iran row. He’s going to be campaigning and on Letterman. Reuters reported: The White House has rejected a request by Prime Minister Benjamin Netanyahu to meet President Barack Obama in the United States this month, an Israeli official said on Tuesday, after a row erupted between...
  • Jobless claims sharply higher

    NEW YORK (CNNMoney) -- The number of people filing for their first week of unemployment benefits rose to the worst reading since July, the government said Thursday, in another sign of a weakness in the jobs market. The Labor Department said 382,000 people filed first-time jobless claims in the week ended Sept. 8. That was sharply higher than the forecast of 369,000 people seeking help from economists surveyed by Briefing.com, as well as the previous week's reading of 367,000. It was the greatest number of people losing their jobs since 388,000 filed for help in the week ending July 14....
  • Likely Voters VIII: (Guide to Each Pollsters' Definition of Likely Voter; They're not the same)

    09/13/2012 6:25:55 AM PDT · by xzins · 5 replies
    Pollster.com ^ | 2004 | Mark Blumenthal
    ABC News ABC conducts surveys jointly with the Washington Post, but each organization applies its own weighting and likely voter models (the Washington Post's procedures are described separately, as the end of this page). Mechanics - The ABC methodology page explains their likely voter models:  Our practice at ABC News is develop a range of "likely voter" models, employing elements such as self-reported voter registration, intention to vote, attention to the race, past voting, age, respondents' knowledge of their polling places and political party identification. We evaluate the level of voter turnout produced by these models and diagnose differences across...
  • Romney does not get national security briefings

    09/13/2012 5:50:40 AM PDT · by EBH · 63 replies
    CBS ^ | 9/12/12 | Sarah B. Boxer
    Mitt Romney does not currently receive national security briefings, his campaign confirmed to CBS News today. Typically, presidential candidates begin receiving briefings after securing their party's nomination, which Romney did in Tampa two weeks ago. "It's a long-standing practice for presidential candidates and select advisers to be provided intelligence briefings following the party's nominating convention," Shawn Turner, the spokesman for the Office of the Director of National Intelligence, told CNN in June. "During the last presidential campaign, all the candidates began receiving briefings in September following the conventions." Turner tells CBS News the process is "moving forward." "The Intelligence Community...
  • Exclusive: No Record of Intel Briefings For Obama Week Before Embassy Attacks

    According to the White House calendar, there is no public record of President Barack Obama attending his daily intelligence briefing--known as the Presidential Daily Brief (PDB)--in the week leading up to the attacks on the U.S. embassy in Cairo
  • Bushwhacked by Obama - The ironic fate of the Community Development Block Grant program

    09/13/2012 12:48:20 AM PDT · by neverdem · 5 replies
    City Journal ^ | Summer 2012 | Steven Malanga
    When Barack Obama ran for president in 2008, he vowed to pour resources into American cities via the Community Development Block Grant program, a remnant of 1970s urban policy. Obama called CDBG an “important program” and praised it for providing housing and “creating jobs for low- and moderate-income people and places.” How ironic, then, that funding for CDBG has withered under President Obama. With the nation facing budget deficits as far as the eye can see, we may finally be witnessing the collapse of a decades-old program that, despite the president’s faith in it, is woefully ineffective. CDBG emerged from...
  • Russians Say Anti-U.S. Attack in Libya Vindicates Their Position

    09/12/2012 10:31:16 PM PDT · by WilliamIII · 23 replies
    New York Times ^ | Sep 12 2012 | ELLEN BARRY
    MOSCOW — Upon learning of the violent death of the United States ambassador to Libya on Wednesday, many Russians responded with variations on “I told you so.” Russia has long argued that the West should not support popular uprisings against dictatorships in the Middle East lest Islamic fundamentalism take hold. Vladimir V. Putin, then serving as prime minister, was especially enraged last fall after an angry crowd killed his ally, Col. Muammar el-Qaddafi, an event he later condemned as a “repulsive, disgusting” scene. Since then, Russia has blocked Western initiatives to force Syria’s president, Bashar al-Assad, from power despite a...
  • Al Qaeda Releases New Video of American Hostage

    09/13/2012 5:00:43 AM PDT · by nuconvert · 9 replies
    Al Qaeda has released a new video of American hostage Warren Weinstein delivering a personal message to Israeli Prime Minister Benyamin Netanyahu. In the video, Weinstein, 71, believed to be held in the tribal regions along Pakistan's border with Afghanistan, appears healthy and calm, speaking in a soft, controlled manner.
  • Solyndra lawsuit: Full refund to taxpayers

    09/13/2012 2:32:38 AM PDT · by afraidfortherepublic · 10 replies
    Washington Times ^ | 9-12-12 | Jim McElhatton
    Many Americans were upset when solar-panel maker Solyndra filed for bankruptcy last September owing taxpayers more than $500 million, but retiree Robert Grady Jr. was different. The more he read about the failed company, the more irritated he became. Finally, weeks after the bankruptcy case began, Mr. Grady did something he’d never done before. He filed a claim in U.S. Bankruptcy Court. It turned out to be the biggest single claim in the case — $535 million — but it wasn’t on behalf of himself. Rather, Mr. Grady, 57, made the claim on behalf of U.S. taxpayers because he said...
  • Florida looking at state budget surplus [Republicans Control Government]

    09/13/2012 3:11:41 AM PDT · by SoFloFreeper · 15 replies
    Orlando Sentinel ^ | September 12, 2012 | Aaron Deslatte
    For the first time in five years, Florida policymakers are looking at a horizon free of projected budget shortfalls, thanks to growing tax collections and cuts to spending on classrooms, road-building and the state's social safety net. The state's top economist told the Joint Legislative Budget Commission on Wednesday that lawmakers and Gov. Rick Scott would have more flexibility next year when they write a new budget than at any time since 2007 -- a product of deep "recurring" cuts enacted over the years, and the slow economic recovery.
  • Morsi says Egyptians reject 'unlawful acts'(tells 0bama to end Free Speech)

    09/13/2012 4:05:01 AM PDT · by EBH · 30 replies
    AP ^ | 9/13/12
    Morsi, who was making his first visit to the West, also harshly criticized the film. "We condemn strongly ... all those who launch such provocations and who stand behind that hatred," Morsi said, adding that he had asked Obama "to put an end to such behavior
  • Anti-muslim pastor [Jones] gets attention, not credit for deadly Libya attack [story grows]

    09/13/2012 2:30:56 AM PDT · by Cincinatus' Wife · 15 replies
    St. Petersburg - Tampa Bay Times ^ | September 13, 2012 | Ben Montgomery
    .....Citing sources in Benghazi,the think tank[Quilliam] said: "(W)e have reason to believe that the attack on the U.S. consulate in Benghazi came to avenge the death of Abu Yaya al-Libi,al-Qaida's second in command killed a few months ago." A day before the attack,the leader of al-Qaida,Ayman al-Zawahiri,urged Libyans to avenge the killing,...roughly 20 militants were present,prepared for military assault with rocket-propelled grenade launchers that do not typically appear at peaceful protests. Nonetheless,much of the blame for the protests was aimed at the poorly-made film Innocence of Muslims, directed and produced by Sam Bacile,who told the Associated Press he was an...
  • Years of warning about embassy security preceded Libya attack (FUBAR Alert)

    09/13/2012 2:14:26 AM PDT · by GVnana · 7 replies
    The Washington Guardian ^ | 9/12/2012 | John Soloman
    State Department acknowledged as recently as February it lacked funding for some security improvements The way U.S. embassies and consulates protect their staffs in volatile locations has raised several red flags in Congress, among watchdogs and even an outside commission in recent years. The concerns came into sharp focus with the death in Libya of U.S. Ambassador Christopher Stevens in an attack on the U.S. consulate in Benghazi, as well as an attack Tuesday on the U.S. embassy in Cairo. While the State Department has responded to some of the criticisms leveled by congressional oversight bodies and its own internal...
  • Muslim Riots Spread Into Tunisia

    09/12/2012 11:12:57 PM PDT · by Arthurio · 38 replies
    Anti-American rioting spread yesterday to Tunisia, where police used tear gas to stop hundreds of protesters from storming the United States Embassy in protest over a film mocking the prophet Mohammed. The throngs of demonstrators, who carried the white and black banners of militant Salifist Muslims, had been protesting peacefully in Tunis for hours when about 300 started to break through the embassy gates. The embassy remained open as police forced the protesters back. Earlier, the US embassies in Tunisia and Algeria warned Americans to avoid crowded places because of expected protests. In Egypt, the powerful Muslim Brotherhood ensured that...
  • Glenn Beck And Dish Network: The Beginning Of The End For Pay TV Tyranny?

    09/12/2012 10:42:04 PM PDT · by ForGod'sSake · 55 replies
    Forbes ^ | 9/12/2012 | Jeff Bercovici
    Starting at 5 p.m. Eastern time today, Beck’s channel, The Blaze, will be channel 212 in Dish Network’s 14 million households. It will be included as part of a 250-channel package, or available as a premium channel, for $5 a month, to those who receive a more basic package.In sheer dollar terms, the deal is big but not gigantic for Beck’s company. Dish will reportedly pay a “small” per-subscriber carriage fee, which likely means 5 cents to 10 cents per month per household. In its first year, then, the agreement will yield subscription revenues of less than $16 million. That’s not...