WASHINGTON (Reuters) - The incoming Obama administration is considering setting up a government-run bank to acquire bad assets clogging the financial system, a person familiar with the Obama team's thinking said on Saturday.
President-elect Obama must have either an enormous capacity for forgiveness, or a short memory. On Friday night, he told CNN's John King that he has "always thought" Bush was a "good guy."
Disturbing as well is the prominence of Duncan's belief in offering a key role in public education to the military. Chicago's school system is currently the most militarized in the country, boasting five military academies, nearly three dozen
Obama doesn’t care about freedom - not yours as an American, and certainly not that of foreigners. He is neither benevolent or enlightened. So what’s to celebrate?
The list -- which includes Camp Pendleton in California, Fort Leavenworth in Kansas; the Marine Air Station in Miramar, California; and the U.S. Naval Consolidated Brig in South Carolina -- has been circulated in a classified brief to members of Cong
The New York Times reported this week that “the Treasury says there is no urgent need” for additional money. Somehow, forcing average $40,000-aires to keep giving their tax dollars to Manhattan millionaires is depicted as the only “serious” course of
Renewed questions about U.S. banks’ viability are pushing regulators toward a new plan that would remove toxic assets from bank balance sheets, in what may become the biggest effort yet to unfreeze lending.
1/8/09, a Joint Session of Congress counted the electoral votes and declared Obama President of the United States, without a single member raising an objection. On Monday, the Supreme Court denied Attorney Philip Berg’s petition for a writ of certior
[The designation clears] the way for the city to receive federal money to help cover the overwhelming cost of providing security for the inauguration events, the first time the designation has been used for anything other than a national disaster.
When Eric H. Holder Jr. comes before the Senate Judiciary Committee today for confirmation as U.S. attorney general, he needn't worry about a challenge to his qualifications. The panel has been deluged with testimonials to his
This is our money we’re talking about. Why don’t we get to read the fine print in what will end up being trillions of dollars in taxpayer obligations? Because we are suckers, that’s why, and the folks who swindled us into this disaster can count on i
U.S. budget outlays through the first three months of fiscal 2009 topped $1 trillion for the first time ever, rising nearly $300 billion from the year-ago period.
"He's Still Got A Lot To Learn" (A sample of how Obama will be treating the Press Corp)
...he is breaking bread with William Kristol and David Brooks. CBS News's Dan Raviv tells the press pool that the house, on Grafton Street in Chevy Chase, belongs to George Will. (Unless he's moved.) (CHANGE???)
At her confirmation hearing on Jan. 13, President-elect Barack Obama’s Secretary of State designate Hillary Clinton told the Senate Foreign Relations committee she would use the office to shape foreign policy that would fight climate change. (VIDEO)
WASHINGTON -- Timothy Geithner didn't pay Social Security and Medicare taxes for several years while he worked for the International Monetary Fund, and he employed an immigrant housekeeper who briefly lacked proper work papers.
""It generally does not protect people like Bush," Turley explained. "You really can't go out and get radical or extreme lawyers, like John Yoo and Viet Dinh, and get them to enable you to do things that you know is a war crim
Bolten, joined by incoming White House Chief of Staff Rahm Emanuel, was leading the exercise: a series of hypothetical terrorist attacks on “numerous American cities” that wipe out roads, bridges and other transportation arteries, according to White
“The extraordinary impact of the president-elect on the imagination of humanity is an important element in shaping a new world order.”
To close a gap of more than $2 trillion — possibly a lot more, if the budget office projections turn out to be too optimistic — Mr. Obama offers a $775 billion plan. And that’s not enough.
IT is going to be our duty as American citizens, military, law enforcement, and militias to uphold what is his "agenda" is to destroy America.
President-elect Barack Obama said Saturday an analysis of his stimulus proposals shows that between 3 million and 4 million U.S. jobs could be saved or created by 2010, nearly 90 percent of them in the private sector.
Throughout the 2008 campaign, candidate Barack Obama insisted he was running not to empower himself, but instead to empower ordinary citizens like you and me. Sadly, he failed his first test.
Dick Armey and Ron Paul Discuss Obama Stimulus Plans
He’s talking about printing a bunch of money and just spending it because government—I heard Obama talk about all the things that government is going to give us. The government is broke. The government can’t give us anything it doesn’t take
Obama has banned corporations and big donors from funding his Jan. 20 inauguration. But 90% of donations received so far have been raised by well-heeled fund-raisers, including Wall Street executives whose companies have received billions of dollars
Come off it, you Obama-ites – there won't be any change in our foreign policy, except for the worse. Just remember: you were warned.
[change] Barack Obama has picked John O. Brennan as his top adviser on counterterrorism, that will give the CIA veteran a powerful voice on the government's use of security contractors and on other sensitive issues in which he recently has played
[change] President-elect Barack Obama yesterday announced his picks for four senior defense officials, including two who served as top Pentagon budget officials under President Bill Clinton.
"I'm motivated ... by a strong belief that the gravest danger facing our nation today is a terror group detonating a nuclear bomb in one of our cities," Perry said.