AIG and U.S. Set Faster, Riskier Exit Path -1

AIG and U.S. Set Faster, Riskier Exit Path American International Group Inc and the U.S. government agreed on Thursday agreed on a plan that would accelerate the payback of bailout money and could yield a profit for taxpayers but also increase their risk. The plan comes a little over two years after AIG was first […]

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Oil drilling in Gulf of Mexico could restart soon

Oil drilling in Gulf of Mexico could restart soon Federal authorities who regulate offshore oil drilling will report earlier than scheduled on whether President Obama should lift a six-month moratorium on deepwater drilling in the Gulf of Mexico that he imposed after the BP oil spill. The Bureau of Ocean Energy Management will submit its […]

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Sudan’s Future Is Now, U.S. Envoy Says

Sudan’s Future Is Now, U.S. Envoy Says A day after Sudan’s leader coasted to victory in a fraud-tainted election, a senior Obama administration official defended the vote, and said the United States should turn its attention to getting southern Sudan  ready for its likely future as an independent state. “If we don’t redouble our efforts, […]

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White House Defends NASA Plans

White House Defends NASA Plans Today President Obama Will Announce Two Major Space Program Developments President Obama is expected to announce two major developments today at the Kennedy Space Center in Florida that could take the nation’s space program to another level. The first is the development of a new “heavy lift rocket” that will […]

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Handicapping Obama’s Supreme Court Picks

Handicapping Obama’s Supreme Court Picks Sources numerous and equally dismissable report that President Obama has a op Tenlist of potential SCOTUS candidates to replace the outgoing John Paul Stevens. Since no one can honestly claim to know what the president is thinking, here my stab at his top ten (after conferring with a few TNL […]

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Supreme Court Battle Quietly Brews Over Possible Future Nominations

Supreme Court Battle Quietly Brews Over Possible Future Nominations There is a Supreme Court battle brewing on Capitol Hill — despite the fact that there are currently no vacancies on the high court. On Wednesday, the Senate Judiciary Committee will hold hearings to consider the nomination of Berkeley law professor Goodwin Liu to the Ninth […]

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Palin: Health Care Vote a “Clarion Call” to Action

Palin: Health Care Vote a “Clarion Call” to Action Calling yesterday’s health care vote a “clarion call and a spur to action,” former Alaska Gov. Sarah Palin urged conservative citizens today to make the Democrats’ health reform package a top issue in this fall’s midterm elections. “In the weeks to come, we can expect [Congress] […]

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