And yet he is clearly letting events take control of him, with Congress taking the lead on the stimulus plan and, even more ominously, allowing his Treasury Secretary to continue the failed policies of the prior administration.
Wall Street banks have taken billions of taxpayer dollars. Now some of them are starting to wonder if they should give the money back. Banking executives worry that the government may intrude further into their businesses as long as they are beholden
As Sacramento squabbles over the state's $42 billion deficit, Californians are getting a bitter taste of what's to come after the steep budget cuts that are inevitable when legislators and Gov. Arnold Schwarzenegger finally hammer out a deal.
Virgin Atlantic's anniversary TV ad campaign, featuring crowds lusting after female cabin crew, has prompted complaints to the advertising watchdog that it is sexist and insulting to women.
Acknowledging its embarrassment over worldwide outbreaks of violent, uncontrolled regurgitation, the Japanese government apologized to the millions of viewers who have been sickened over the past 3 decades by the revolting depravity of the nation
China should seek guarantees that its $682 billion holdings of U.S. government debt won’t be eroded by “reckless policies,” said Yu Yongding, a former adviser to the central bank.
NEW YORK - Brett Favre informed the New York Jets on Wednesday he will retire after 18 seasons, ending a record-setting career in which he was one of the NFL’s premier quarterbacks.
If Treasury Secretary Timothy Geithner could get an earful of skepticism over the government's financial bailout plans, the nation's top bankers can expect no less when they make their maiden voyage to Congress as recipients of the widely cri
In 2009 were going to see the worst economic collapse ever, the Greatest Depression, says Gerald Celente, U.S. trend forecaster. He believes its going to be very violent in the U.S., including there being a tax revolt.
(CBS/AP) The U.N.-based Islamic Republic News Agency (IRNA), the official news organization of President Mahmoud Ahmadinejad, has told CBS News Tuesday that it has officially asked for an interview with President Barack Obama as a direct response to
The thesis today is better accepted and the response is now better directed for this insight. Most importantly, step by step, the buffalo is been reintroduced and properly managed. The herds are expanding steadily, but not as fast as natural expansio
Two sources familiar with the situation said Sirius XM is favoring a Chapter 11 filing over a deal with satellite-TV operator EchoStar, whose CEO, Charlie Ergen, has been buying up Sirius XM debt in a bid to take control of the company.
Obama’s presidency already failed? In normal times, this would be a ludicrous question. But these are not normal times. They are times of great danger. Today, the new US administration can disown responsibility for its inheritance; tomorrow, it will
The sheriff who lead the charge in the Michael Phelps Marijuana case arresting eight and confiscating the famous BONG from eBay owns a armored vehicle and 50 Cal. machine guns and he is not afraid to use them against citizens of South Carolina.
On Thursday, at about 11 o’clock in the morning, the Federal Reserve noticed a tremendous draw down of money market accounts in the United States to a tune of $550 billion being drawn out in a matter of an hour or two. “It would have been the end of
A Marine Veteran was falsely arrested and charged with possession of a firearm in a public building, had all his criminal charges dropped by the Polk County DA tonight.(02-10-2009)
Recent days have seen some fairly hysterical mutual abuse between the two camps who have even gone so far as to associate themselves with the politics of the left and right.
I want you to think about what I just said. How can an issue of science h
The relatively unknown Baltic Dry Index, or BDI is a leading economic indicator. Read this article, watch the video, then start stocking up on things you need while you can.
Mexican soldiers fought gun battles with drug cartel hitmen near the U.S. border on Tuesday after gangsters abducted local police in violence that killed 21 people and left bodies strewn in the desert.
Foreign Minister Tzipi Livni and hard-line rival Benjamin Netanyahu both claimed victory Tuesday in Israel's parliamentary election, but official results showed a race so close it could be decided by a third candidate -- a rising power among the
With millions of U.S. viewers still apparently unprepared for the nation's switch to digital TV, nearly 500 full-power television stations across the nation are preparing to move ahead with the transition and drop traditional over-the-air broadca
An F.B.I. agent who worked on the investigation of Senator Ted Stevens of Alaska, who was convicted on ethics charges, has said in a stunning formal complaint that a fellow agent and prosecutors contrived to improperly conceal evidence from the court
Gov. Arnold Schwarzenegger will send layoff warnings to at least 20,000 state workers Friday unless he reaches a budget agreement with legislative leaders. He intends to eliminate 10,000 full-time positions from the state's general fund, either
Despite years of denials, new questions are being raised about Britain's possible involvement in the torture of a detainee now on a prolonged hunger strike at the Guantanamo Bay prison in Cuba. Both an American military lawyer who's seen clas
Canadian researchers say they can glean simple preferences from a person's brain by shining near-infrared light into the noggin. The study demonstrated the ability to decode a person's preference for one of two drinks with 80% accuracy by mea