Vladimir Putin““We discussed this important issue yesterday over a beer...” ”
Barack OBAMA“You know, my faith is one that admits some doubt...”
Top Republican pushes for decision on war strategy »
LARA JAKES The Associated Press WASHINGTON – The top House Republican on Sunday pressed President Barack Obama for a decision on whether to send more troops to war in Afghanistan, saying the muddled runoff election there should not further delay a strategy review that already has dragged out for months. A top White House adviser [...]
Loans Goldman bought didn’t get much scrutiny »
BANNING, Calif. — Goldman Sachs Group got into the residential mortgage business in 1984, and for 17 years, it ran a staid operation that simply bought and sold loans. All that changed in 2001, when the elite investment bank leaped aggressively into the burgeoning subprime securities market that was becoming a fountain of money for [...]
Obama condemns ‘outrageous’ Baghdad bombings »
WASHINGTON (AFP) – President Barack Obama led US condemnation of twin suicide bombings that rocked Baghdad Sunday, the deadliest in more than two years, saying they showed the attackers' "hateful and destructive" agenda. At least 99 people were killed and more than 700 injured when two vehicle bombs blamed on Al-Qaeda exploded at the justice [...]
Audit warns KBR to cut number of employees in Iraq »
WASHINGTON – Pentagon auditors are warning the Army’s primary support contractor in Iraq, responsible for everything from mail and laundry to housing and meals, to cut its work force there or face nearly $200 million in penalties for keeping thousands too many on the payroll. According to an internal Defense Department audit, Houston-based KBR Inc. [...]
Obama praised on economy, but unemployment remains »
WASHINGTON (AFP) – Elected a year ago on a pledge to rescue a sinking economy, President Barack Obama is credited with helping avert a depression, but now faces a growing unemployment crisis that could torpedo both the recovery and his political fortunes. Economists say the Obama administration's swift action along with a barrage of measures [...]
Flex spending accounts face hit in health overhaul »
WASHINGTON – Those tax-free spending accounts that you and your co-workers use to help pay for dental work, insurance copayments or over-the-counter drugs face a hit under the health overhaul bills in Congress — unless a coalition that includes a powerful union, insurers and others can stop it. Bills in the House and Senate would [...]
Goldman left foreign investors holding the subprime bag »
NEW YORK – Inside the thick Goldman Sachs investment circular were the details of a secret, $2 billion deal channeled through a Caribbean tax haven. The Sept. 26, 2006, document offered sophisticated U.S. and European investors an opportunity to buy into a pool of supposedly high-grade bonds backed by residential, commercial and student loans. The [...]
Goldman left foreign investors holding the subprime bag »
NEW YORK – Inside the thick Goldman Sachs investment circular were the details of a secret, $2 billion deal channeled through a Caribbean tax haven. The Sept. 26, 2006, document offered sophisticated U.S. and European investors an opportunity to buy into a pool of supposedly high-grade bonds backed by residential, commercial and student loans. The [...]
Arms dealer buys BEE stake in Aerosud »
An arms dealer who holds the local franchise for the Build-a-Bear Workshop has bought the “black empowerment” shares in military aviation company Aerosud, one of South Africa’s two “risk partners” in the manufacturing of Europe’s A400M Airbus. Aerosud has confirmed that Ivor Ichikowitz, an arms and oil broker who has flown Nelson Mandela and President [...]
Obama to campaign in NJ; seeks to preserve political standing during off-year elections »
WASHINGTON – President Barack Obama is making a last-minute campaign appearance for New Jersey Gov. Jon Corzine’s re-election bid. Obama’s scheduled to appear Sunday at a pair of rallies for the only incumbent governor seeking re-election. Just one of two governors’ offices on the ballot for Tuesday’s elections, the White House is aware Democratic losses [...]
Obamas bring back White House Halloween spirit »
WASHINGTON President Barack Obama and first lady Michelle Obama on Saturday doled out presidential M&Ms and dried fruit mixes to more than 2,000 trick-or-treaters, marking their Halloween at a White House event partly aimed at honoring military families. Dressed as superheroes, pirates, fairies and skeletons, the kids came in with their parents from Maryland, [...]
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