News for 2011-08-05

Friday, August 5, 2011
[field_image_caption-raw] Next Up: After Debt-Ceiling Debacle, New Trade Deals Pushed by Obama
Speaker John Boehner (R-OH) boasted that he had won 98 percent of what he sought in the new debt-ceiling deal. Congressman Emanuel Cleaver (D-MO) memorably called the deal a “Satan sandwich.” Half of House Democrats voted against the bill which will dry up funding for any new economic stimulus at a...
Read more
[field_image_caption-raw] US Drags Its Feet in Iraq
After days of wrangling, leaders of the main political parties of Iraq agreed on August 2 to hand a joint mandate to Prime Minister Nuri al-Maliki to negotiate with the United States on whether some Americans troops will stay on in Iraq to "train" Iraqi forces beyond the end of this year.
Read more
[field_image_caption-raw] 3rd Party Challenge in 2012? Not Likely, Experts Say
WASHINGTON — Tea party conservatives don't trust Mitt Romney, the leading Republican candidate for president. Progressives feel betrayed by President Barack Obama. And after a politically bruising debt compromise, many voters feel frustrated with both Democrats and Republicans as the 2012 election...
Read more
[title] Obama's 'Pivot' To Jobs: The Deja Vu Reel
Now that the debate over raising the nation's debt ceiling has been temporarily resolved, the White House has pledged, once again, to "pivot" to jobs. If the promise is giving you a sense of déjà vu, you're not alone .
Read more
[field_image_caption-raw] Gaddafi's Son Killed in Strike, Libyan Rebels Claim
BENGHAZI - Libya's rebel forces said Muammar Gaddafi's youngest son, Khamis, and more than 30 others were killed in a NATO strike on an operations centre in the western town of Zliten. Citing spies operating among Colonel Gaddafi's ranks, Mohammed Zawawi, a spokesman for revolutionary militia...
Read more
[field_image_caption-raw] Journalist Kicked out of ALEC Conference, Threatened With Arrest
In late July, shortly after the launch of ALECexposed.org , Lousiana State Rep.Noble Ellington, a Republican from the state's 20th district and the national chairman of the American Legislative Exchange Council, spoke to NPR about the recent spate of criticism leveled at his organization.
Read more
[field_image_caption-raw] Canadian Government Accused of 'Unprecedented' Tar Sands Lobbying
The Canadian government has been accused of an "unprecedented" lobbying effort involving 110 meetings in less than two years in Britain and Europe in a bid to derail new fuel legislation that could hit exports from its tar sands. The allegation comes from Friends of the Earth Europe (FoEE), which...
Read more
[field_image_caption-raw] Shell Wins Tentative Approval for Offshore Arctic Drilling
Shell cleared a major hurdle Thursday in its effort to begin a two-year drilling program in the Arctic Ocean next summer, receiving a conditional exploration permit from the federal agency that oversees offshore oil development. The company said it was buoyed by the morning announcement from the...
Read more
[field_image_caption-raw] Syria Demonstrators Rally Despite Crackdown
Tens of thousands of protesters took to the streets around Syria, after activists said troops had killed at least 45 civilians in a tank assault to occupy the centre of Hama. From the capital, Damascus, to Deraa in the south and Deir ez-Zoor in the east - demonstrators began rallying after noon...
Read more
[field_image_caption-raw] Panel: Too Big to Fail Firms Harming US Economy
WASHINGTON — The problem of "too big to fail" is continuing to bedevil the US economy despite claims by some regulators that the Dodd-Frank Act effectively ended it. At a hearing Wednesday by the Senate Banking financial institutions subcommittee, several prominent economists said the existence of...
Read more
[field_image_caption-raw] Cantor: Entitlement Promises ‘Frankly, Are Not Going To Be Kept For Many’
During an interview with the Wall Street Journal, House Majority Leader Eric Cantor (R-VA) said he is ready and willing to slash entitlements like Medicare, because, in his opinion, Americans have to “come to grips with the fact that promises have been made that frankly are not going to be kept for...
Read more
[title] US Headed for Another Recession?
President Obama recently signed into law the raised debt ceiling deal. And many believe we should just be glad the show is over. But what does this mean for the US economy? According to new numbers about the US economic growth we are one-third likely to fall into another recession. Dean Baker, co-...
Read more