The Obama administration estimates that almost all of the $700 Billion bailout will be recovered from the banks, the auto companies, the insurance company AIG, and mortgage giants Fannie Mae and Freddie Mac. A year ago the administration estimated that the bailout would cost almost $500 Billion. Part of the bailout purchased bank stocks, which [...]
Two-thirds of Americans back financial reform giving Democrats a huge advantage against Republican opposition to everything. [Read More]
After passing an immigration bill in Arizona that would require all U.S. citizens to carry citizenship papers or face arrest and deportation, Republicans are going one step further. Iowa Republican candidate Pat Bertroche added to the Republican immigration policy by calling for illegal immigrants to be tagged and tracked like dogs or cats. He is [...]
Strict anti-abortion laws have been enacted in Oklahoma. The governor of Oklahoma’s veto was overridden to enact laws that violated personal civil liberties and force women to undergo harsh medical procedures against their will. [Read More]
Israeli officials are claiming that a week long freeze to review plans for new construction in East Jerusalem is only a bureaucratic issue and the construction will continue. Prime Minister Benjamin Netanyahu faced criticism from his own party when the temporary freeze was announced Monday morning. Several leaders of his party warned that the government could collapse over the [...]
Nick Clegg was not well known only a week ago by most in Britain, but today his popularity surprisingly soared leading some to call him “Britain’s Obama.” Immediately after the first debate between Nick Clegg (Liberal Dems), Gordon Brown (Labour), and David Cameron (Conservative) a poll by YouGov showed Nick Clegg in the lead with 34% of [...]
The Tea Party is definitely not the party of intellectuals, but the crazy conspiracy theories just never end. Apparently, one of the new cooky ones is that Obama is going to ban all fishing in America. Where do these people come up with this stuff? They claim that taxes for the middle class have gone [...]
A new BBC poll shows that the rest of the world is viewing the U.S. much more favorably since Barack Obama became president. Under George Bush Russia and China had better positive ratings from the rest of the world than the U.S. Now 40% of those polled had a positive view of the U.S., up from 28% [...]
Republican Gov. Jan Brewer is expected to sign a new immigration law passed by the state House of Representatives. It will now be a misdemeanor to not have the proper immigration paperwork in Arizona. It will also require police to determine a person’s immigration status, if they feel they may be an illegal immigrant. Currently, [...]
A member of the Senate Judiciary Committee, Sen. John Cornyn (R-TX), explained that he would be ok with a gay supreme court nominee “as long as it doesn’t interfere with their job, it’s not a particular issue.” He said the candidate would need to be “satisfied with being an umpire and doesn’t want to be a [...]
