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Right now the fastest production car in the world is the hyper exclusive--and hyper expensive--Bugatti Veyron Super Sport, which is capable of a top speed of 268 mph. The previous record holder was the less refined, yet still very capable, Ultimate Aero from America’s own Shelby SuperCars (SSC), which itself stole the record from the original Veyron. Now SSC is set to reclaim the manufacturer of the world’s fastest production title from Bugatti with a brand new supercar, a supercar that will go by the name Tuatara (pronounced twu-tar-ah). Yes, SSC has taken a page out of Pagani’s book and...

WASHINGTON (AP) — President Barack Obama intends to nominate former Ohio Attorney General Richard Cordray to lead a new consumer financial protection bureau that was a central feature of a law that overhauled banking regulations. Obama plans to announce the nomination formally on Monday, the White House said in a statement Sunday. Republicans immediately threatened to block his Senate confirmation. In choosing Cordray, Obama bypassed Elizabeth Warren, a favorite of consumer groups, who has been assembling the agency as a special adviser to the White House and to Treasury Secretary Timothy Geithner. The agency will officially begin its oversight and...

The Senate rejected a Republican measure Wednesday to expand offshore oil and gas drilling in U.S. coastal waters, signaling a continued partisan stalemate over energy policy and, more specifically, how to respond to rising gas prices. The bill was defeated in a 42-57 vote. Sixty votes were required for passage. Five Republicans -- Alabama's Richard Shelby, Louisiana's David Vitter, Maine's Olympia Snowe, South Carolina's Jim DeMint, and Utah's Mike Lee -- voted against the bill.

WASHINGTON (AP) — Within hours of the stunning announcement that Osama bin Laden had been killed by U.S. commandos, a lobbying firm representing Pakistan’s government began contacting members of Congress and their staffs to counter claims Islamabad protected the al-Qaida chief for nearly six years. The push by Locke Lord Strategies to turn the tide against criticism of Pakistan — and preserve the country’s billions of dollars in U.S. aid — illustrates one of Washington’s enduring realities: No matter the issue or the crisis, lobbyists are working behind the scenes to shape opinions on Capitol Hill. At stake is the...

LECOMPTON, Kansas — Imagine cleaning out a garage and finding something so amazing that it was like winning the lottery. It happened to a Lecompton businessman. Working as an auctioneer for the last 40 years, Bill Fair said he has come across some weird stuff. "A skull, body parts," he said. But Fair said even he wasn't prepared for what he found recently. What Fair found was a classic 66 Shelby Mustang one of only 1,100 made, and sold from Carroll Shelby's personal car lot.

ASHINGTON, June 7— A re-examination of years of terrorist plots and attacks around the world, including the 1993 World Trade Center bombing, suggests that American intelligence agencies profoundly underestimated Al Qaeda's reach and aspirations for more than a decade as it grew from obscurity into a global terrorist threat, lawmakers and investigators said this week.As Congressional investigators look back far beyond the series of signals missed before the Sept. 11 attacks, they are seeking answers to many questions about Al Qaeda that law enforcement and intelligence agencies still cannot answer themselves, officials said.In particular, they said, Congressional investigators are trying...

  Supporters call it "financial services reform." Yet one has to wonder what the Restoring American Financial Stability Act of 2010 is reforming or stabilizing. The House on Wednesday by a 237-192 margin passed the 2,300-plus-page conference bill designed to protect American households from predatory practices by banks, subprime lenders, brokerage houses and other intermediaries. But evidence suggests that if it becomes law, the bill instead will lay the groundwork for another major federal bailout. During House-Senate conference sessions, affirmative action zealots inserted a host of mandates to promote credit allocation by race. Sen. Christopher Dodd, D-Conn., and Rep. Barney Frank,...

A Gulf state senator ripped BP chief executive Tony Hayward for taking time off Saturday to attend a glitzy yacht race around England's Isle of Wight as oil spewing into the Gulf continues to wreak havoc on the environment and wildlife. "That's the height of arrogance," Sen. Richard Shelby, R-Ala., told Fox News on Saturday.

Surprise, Surprise: 16 Financial Lobbyists Formerly Worked For Dodd And Shelby Talking Points Memo Jun. 11, 2010, 4:07 PM Dozens of financial industry lobbyists have ties to lawmakers serving on the conference committee negotiating financial reform legislation, according to data reported by Public Citizen. Among them are seven former chiefs of staff and a total of 16 former employees of Senate Banking Committee Chairman Chris Dodd (D-CT) and Sen. Richard Shelby (R-AL). In addition to the lobbyists with direct ties to the conference committee members, Public Citizen's investigation found 59 lobbyists who have previously worked on either the Senate or...

On paper, GOP Sen. Richard Shelby of Alabama should have been a great target for a Tea Party challenge. He’s a notorious porker, has a lifetime rating from the American Conservative Union of 75 (lower than Utah Sen. Bob Bennett’s 83), and switched parties from the Democrats to Republicans, although it was back in 1994. Shelby did attract a Tea Party challenger in the GOP primary, Clint Moser. Yet Moser played Bambi to Shelby’s Godzilla,

I just voted in my local GOP primary. I voted against my Senator and my Representative (Richard Shelby and Spenser Bachus). Both are reasonably solid Conservatives, and both will win their primaries easily.I voted against them to encourage others to run against them in the future. By my calculation, every vote against an encumbent is a vote to encourage potential candidates in the future.Thoughts?

WASHINGTON (Reuters) – Financial reform legislation being debated by the Senate needs to overhaul government involvement in U.S. mortgage finance giants Fannie Mae and Freddie Mac, Senator Richard Shelby, the lead Republican on the Senate Banking Committee, said on Saturday. As the Senate moves toward a final vote on the bill in the coming weeks, Shelby said it must include reforms for Fannie and Freddie to address the root cause of the recent financial crisis. "For decades, these multi-trillion dollar institutions leveraged the implicit backing of the American taxpayer to encourage mortgage lending to people who could not afford to...

Here is video from "Meet the Press" today where Democrat Sen. Chris Dodd said the new Arizona anti-Illegal Immigration Law shows that a "national answer" is needed on Immigration Reform. Dodd said the issue will now be on the front burner for Democrats. GOP Sen. Richard Shelby agreed that a patchwork of laws in various states is not good, but said the first thing that should be done is that the Federal Government ought to "enforce our borders," and then deal with "the rest." It certainly looks like Democrats are going to make a push on Immigration, if for no...

The board of Carroll Shelby International, Inc. (PINKSHEETS: CSBI) has announced today that production is ramping up for the first shipment of Ford Mustang GTs, which are in transit to be transformed into Shelby GT350s at its Shelby American subsidiary in Las Vegas. In addition, the company continues to grow its Shelby Performance Parts division with products for the 2005-2011 Ford Mustang, GT500 and Shelby GT. "I still show up 50 years later, guiding and directing this great Shelby American team in Las Vegas that you've grown to know and trust," said Carroll Shelby, founder of Shelby American. "I've brought...

One of the state's largest unions has reached out to police after getting what it considers threatening voicemails at its main office Tuesday night. The public service employees' union says it doesn't get too many phone calls from the public until it starts airing television ads. It says its latest "Tax the Rich" ad has prompted more than 1,000 phone calls. For every 10 supportive ones, AFSCME says one is negative. They also say one caller crossed the line.

Join us for 267 laps or 401 miles at the Las Vegas Motor Speedway.. or watch the Olympics.. or sumthin' .. 8-) We'll be here and there too .. Thank Goodness for Pic in Pic.

Sen. Richard C. Shelby, Alabama Republican, will stop blocking Senate confirmation of about 70 government appointees nominated by President Obama, his office said. Mr. Shelby had placed "holds" on most of Mr. Obama's nominees, delaying the Senate from acting on them, in a dispute over federal spending involving his state. "The purpose of placing numerous holds was to get the White House's attention on two issues that are critical to our national security -- the Air Force's aerial refueling tanker acquisition and the FBI's Terrorist Device Analytical Center," Shelby spokesman Jonathan Graffeo said in a statement Monday night.

Sen. Richard Shelby (R-Ala.) on Thursday placed a blanket hold on all of President Barack Obama's nominees before the Senate, according to the office of Majority Leader Harry Reid. Shelby's holds mean that the Senate cannot vote on a nominee unless the hold is broken using a cloture vote that requires 60 senators or if the senator lifts the hold.

A US Senator has taken the extraordinary step of blocking more than 70 of US President Barack Obama's nominees amid a dispute over a lucrative US Air Force tanker deal, senate aides said Friday. Senator Richard Shelby, the top Republican on the Senate Banking Committee, placed a blanket "hold" in part because of the feud pitting Airbus parent EADS and its partner Northrop Grumman against Boeing, his office said. "Senator Shelby is holding all of the president's nominees pending on the Executive Calendar," a total of "70-plus" people, said a spokeswoman for Democratic Senate Majority Leader Harry Reid, Regan Lachapelle....

Senator Richard Shelby has placed a rare “blanket hold” on all nominations from Barack Obama, according to reports from both The Hill and Talking Points Memo. Until he lifts the hold, none of these nominations can proceed to a floor vote for confirmation. While some may initially believe this to be a good strategy for fighting what have appeared to be selections of hard-Left appointments, a spokesman for Shelby makes clear that the Senator is most interested in protecting pork