Monday, March 1, 2010
Please...Beat Pelosi.
John Dennis sits in the back room of Perry's in Pacific Heights, reflecting aloud over a cup of tea on the personal liberties he believes House Speaker Nancy Pelosi has stripped from him. In blazer and jeans, with silver hair and pale blue eyes that match the color of his shirt, Dennis more closely resembles a relaxing yachtsman than a thrower of political brickbats. Don't be fooled. A self-declared "Tea Party" Republican, Dennis is mounting a challenge to Pelosi in the 2010 race for the Eighth Congressional District, representing most of San Francisco...Link
Sunday, February 28, 2010
Debra Medina, new star..............
Lytle is a blink-and-you'll-miss-it kind of town, one of hundreds that dot the vast flat ranchlands of southern Texas. A smear of houses by the main highway between San Antonio and Laredo. Population: 2,383. The first streets only got paved here in the years after the second world war. A sewage system took a little longer, not being built until the 1960s. In short, Lytle, Texas, has never been big enough to have much impact on the politics of the Lone Star state. And few Texas politicians have ever paid much attention to it...Link
Obama Loves the Patriot Act.
If the Patriot Act hadn't been approved for another year, Sunday would have looked much different. Sunday could have meant the government was no longer given permission to wiretap the phones of Americans and seize their records and property. But since the bill was approved by Congressional Democrats earlier this week and signed into law by President Obama on Saturday, this Sunday is just another Sunday for Americans living with the Patriot Act...LinkPaul burned by Tea Party blowback......
Rep. Ron Paul, the libertarian-oriented Republican whose 2008 presidential run provided kindling for the Tea Party movement, suddenly finds himself dealing with the blowback: a handful of Tea Party-inspired candidates are seeking to dislodge him in Tuesday’s Texas Republican primary. It’s an unusual turn of events for a veteran congressman who has reached stardom in conservative populist circles and who just last week emerged as the victor of the presidential straw poll at the Conservative Political Action Conference...Link
Saturday, February 27, 2010
AIG posts quarterly loss of $8.9 billion.
American International Group on Friday posted a fourth-quarter loss of $8.9 billion, or $65.51 per share, as the company sold large stakes in its insurance businesses in an effort to whittle down its massive debt to taxpayers...Link
New Reserve Currency.
Dominique Strauss-Kahn, the head of the International Monetary Fund, suggested Friday the organization might one day be called on to provide countries with a global reserve currency that would serve as an alternative to the U.S. dollar. "That day has not yet come, but I think it is intellectually healthy to explore these kinds of ideas now," he said in a speech on the future mandate of the 186-nation Washington-based lending organization. Strauss-Kahn said such an asset could be similar to but distinctly different from the IMF's special drawing rights, or SDRs, the accounting unit that countries use to hold funds within the IMF. It is based on a basket of major currencies...Link
Friday, February 26, 2010
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