Real Clear Politics: Former Chairman of the Council of Economic Advisers and senior economic adviser to President Obama appeared on FOX News’ “Hannity” to defend the President and the economy. Earlier in August President Obama cited the earthquake and tsuanmi in Japan and the Arab Spring as reasons why the economy has not improved. Goolsbee [...]
New York Daily News: Harlemites have had enough of a local pastor posting signs at his prominently located church spewing hateful messages about President Obama. Pastor James David Manning has put up “Obama Is Evil” and “He Used Black Vote to Uncle Tom For Wall St.” on the towering sign outside the ATLAH World Missionary [...]
Irish Times: The adopted daughter of Muammar Gadafy, whom he claimed died as an infant in the 1986 US bombing of his Tripoli compound, appears to be alive and worked as a doctor in the Libyan capital, documents discovered by The Irish Times indicate. A room belonging to Hana Muammar Gadafy in the section of [...]
Human Events: CNBC reports the already dismal economic news from the second quarter just got worse: The U.S. economy grew much slower than previously thought in the second quarter as business inventories and exports were less robust, a government report showed on Friday, although consumer spending was revised up. Gross domestic product growth rose at [...]
ABC News: President Obama will return to Washington, D.C., tonight, one day earlier than originally planned, White House officials said. The president made the decision to cut short his family vacation on Martha’s Vineyard shortly after addressing the nation about the impending danger of Hurricane Irene, which he said has the potential to be “historic.” [...]
Tehran Times: An Iranian official has announced once again that U.S. filmmaker Michael Moore plans to visit Iran in autumn. “He has asked [for permission] to travel to Iran, and we are trying to invite him to the Cinéma Vérité,” Deputy Culture Minister for Cinematic Affairs Javad Shamaqdari said during a meeting at the Documentary [...]
Associated Press: JACKSON HOLE, Wyo. (AP) — Federal Reserve Chairman Ben Bernanke signaled Friday that Congress must do more to promote growth, or risk delaying the economy’s return to full health. Bernanke proposed no new steps by the Fed to boost the economy. But at a time when Congress has been focused on shrinking long-run [...]
Wall Street Journal: Federal agents swooped in on Gibson Guitar Wednesday, raiding factories and offices in Memphis and Nashville, seizing several pallets of wood, electronic files and guitars. The Feds are keeping mum, but in a statement yesterday Gibson’s chairman and CEO, Henry Juszkiewicz, defended his company’s manufacturing policies, accusing the Justice Department of bullying [...]
Telegraph: Japan’s government estimates the amount of radioactive caesium-137 released by the Fukushima nuclear disaster so far is equal to that of 168 Hiroshima bombs. Government nuclear experts, however, said the World War II bomb blast and the accidental reactor meltdowns at Fukushima, which has seen ongoing radiation leaks but no deaths so far, were [...]
Does she ever take a bad picture? Seriously but I digress. This is Governor Palin’s very strong and cautious statement on how the U.S. should deal with Libya now that Gaddafi has been overthrown. Two of her key points is “that the path to democracy in Libya is not complete, and we must make wise [...]
(Reuters) — The Gaddafi government carried out a lobbying operation to try to stop NATO’s bombardment of Libya, Britain’s Guardian newspaper reported on Friday, citing secret documents seen by the newspaper. The newspaper said the documents in Tripoli showed Libya’s rulers believed NATO forces were likely to launch a full-scale invasion in “either late September [...]
What happens in September? Will the Fed up the ante with another round of quantitative easing or QE3? QE1 & QE2 worked out so well…Oh, wait. MarketWatch: Federal Reserve Chairman Ben Bernanke on Friday put off a lengthy discussion of the easing options available to the central bank until the next Federal Open Market Committee [...]
Sky News: Witnesses told AP that a car rammed through two sets of gates protecting the compound and drove towards the main building. The suicide bomber then detonated the bomb outside the main reception. Reports on the number of dead range between seven and 18. UN deputy spokesman Farhan Haq, speaking from New York, said: [...]
The Hill: The U.N. Security Council on Thursday cleared the way for over $1 billion in frozen Libyan assets to be turned over to that nation’s government-in-waiting, according to Secretary of State Hillary Clinton. “Today, we have secured the release of $1.5 billion in Libyan assets that had been frozen in the United States. This [...]
This is the second major kidnapping incident in Lahore, Pakistan during the month of August. American Warren Weinstein was kidnapped from his home on August 13 and has not been heard from since. Related Story: American Contractor Warren Weinstein Kidnapped From His House In Pakistan – With Video Gulf News: The son of a slain [...]