Better bailout plan
Obama could take a tip from this old Saturday night skit.
Categories: Uncategorized
Reuters: Top News
- China overtakes Japan as No.2 economy: FX chief July 30, 2010BEIJING (Reuters) - China has overtaken Japan to become the world's second-largest economy, the fruit of three decades of rapid growth that has lifted hundreds of millions of people out of poverty. […]
- House to take up offshore drilling reform bill July 30, 2010WASHINGTON (Reuters) - Three months after the catastrophic oil rig explosion that sent millions of gallons of crude spewing into the Gulf of Mexico, the U.S. House of Representatives was poised on Friday to debate legislation clamping down on the industry's offshore drilling practices. […]
- Economic growth seen slower in Q2 on imports July 30, 2010WASHINGTON (Reuters) - Economic growth likely slowed in the second quarter as a capital investment drive by businesses was sated by imports and consumer spending tapered off, a government report is expected to show on Friday. […]
- WikiLeaks may have blood on its hands, U.S. says July 30, 2010WASHINGTON (Reuters) - The whistle-blowing website WikiLeaks may have blood on its hands, the Pentagon said on Thursday, warning its unprecedented leak of secret U.S. military files could cost lives and damage trust of allies. […]
- U.S. closes consulate in Mexico's Ciudad Juarez July 30, 2010MEXICO CITY (Reuters) - The U.S. government has shut indefinitely its consulate in Mexico's most violent drug war city Ciudad Juarez, across from El Paso, Texas, to evaluate security conditions. […]
- Mexican army kills kingpin in drug war coup July 30, 2010GUADALAJARA, Mexico (Reuters) - Mexican soldiers killed drug boss Ignacio "Nacho" Coronel on Thursday, the first major triumph this year for President Felipe Calderon's war against drug cartels but one that is unlikely to end spiraling violence. […]
- Neighbors fail to end Venezuela-Colombia rift July 30, 2010QUITO (Reuters) - South American foreign ministers failed to mend broken ties between Venezuela and Colombia at a meeting on Thursday but the countries agreed that irregular armed groups were hurting peace in the region. […]
- Arizona appeals immigrant law ruling amid protests July 30, 2010PHOENIX (Reuters) - Arizona on Thursday appealed a judge's decision to block key parts of the state's crackdown on illegal immigrants and police in Phoenix arrested scores of activists protesting the remaining measures in the law. […]
- Four killed in Air Force plane crash in Alaska July 30, 2010ANCHORAGE, Alaska (Reuters) - All four crew members were killed in a U.S. Air Force cargo plane that crashed in flames while practicing for an aviation show at Elmendorf Air Force Base, the Air Force said Thursday. […]
- BP lawsuits over oil spill take center stage July 29, 2010BOISE, Idaho (Reuters) - More than 2,000 miles from the Gulf of Mexico shoreline, a panel of U.S. judges heard arguments from lawyers on Thursday on how piles of oil spill-related lawsuits against BP Plc should be merged. […]
Reuters: Politics
- House to take up offshore drilling reform bill July 30, 2010WASHINGTON (Reuters) - Three months after the catastrophic oil rig explosion that sent millions of gallons of crude spewing into the Gulf of Mexico, the U.S. House of Representatives was poised on Friday to debate legislation clamping down on the industry's offshore drilling practices. […]
- Fed officials clash on need for more stimulus July 30, 2010WASHINGTON (Reuters) - Federal Reserve officials clashed on Thursday over whether the central bank should be more aggressive in supporting the stumbling economy and one said the Fed's current policy may be contributing to worryingly low levels of inflation. […]
- Republicans block small business plan in Senate July 29, 2010WASHINGTON (Reuters) - Senate Republicans blocked a $30-billion plan to help community banks boost lending to small businesses, dealing a blow to President Barack Obama's election-year battle to reduce unemployment. […]
- Rep Rangel faces charges, trial may hurt Democrats July 29, 2010WASHINGTON (Reuters) - Representative Charles Rangel reached a tentative plea agreement on ethics charges on Thursday, but Republicans may reject it and push for a trial that could hurt his fellow Democrats in the November elections. […]
- Cuomo can try ex-Hevesi aide on felonies: NY judge July 29, 2010NEW YORK (Reuters) - The central figure in a New York public pension corruption case will be tried on some of the most serious charges brought against him by the attorney general, including felonies, a judge ruled on Thursday. […]
- Senate plans Wed. test vote on oil spill bill July 29, 2010WASHINGTON (Reuters) - The Senate plans to hold a procedural vote next Wednesday to test whether there is enough support to pass legislation clamping down on offshore oil drilling procedures and expanding alternative energy, a Democratic aide said on Thursday. […]
- Obama seeks his "mojo" on daytime TV's "The View" July 29, 2010WASHINGTON (Reuters) - President Barack Obama tried to revive his common touch on Thursday with a mainly light-hearted appearance on daytime television where five women hosts grilled him about his Blackberry, Lindsay Lohan and the Afghan war. […]
- Spy chief nominee clears Senate hurdle July 29, 2010WASHINGTON (Reuters) - The Senate Intelligence Committee on Thursday unanimously approved James Clapper to be President Barack Obama's intelligence chief, sending the nomination to the full Senate. […]
- Republican concerns could stall START treaty July 29, 2010WASHINGTON (Reuters) -Senate Republicans voiced objections on Thursday to the new START nuclear arms treaty with Russia, raising concerns that could delay efforts to hand President Barack Obama a foreign policy victory ahead of the November elections. […]
- Obama seeks to mend rift with black community July 29, 2010WASHINGTON (Reuters) - President Barack Obama sought on Thursday to repair damage to his relationship with the black community caused by his administration's firing of an African-American government official. […]
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