Obamas Hobnob with DC's Social Elite

March 12, 2009

So what’s the best way to court the Beltway socialites? The first couple sits down with top editors of three of Washington’s local luxury lifestyle magazines, asking what they ought to wear, serve, court, bring in to the party. It’s the new life at the people’s White House. Time to bring out the fur.

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Of Human Generosity

March 12, 2009

Beth Israel Deaconess Medical Center’s pending pink slips for workers prompts staffwide effort to protect jobs, sacrificing higher level salary increases and benefits. A more cynical person would suggest that if it gets worse, people might not be so willing; but for now, it’s a sign of understanding that the moment demands charity.

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This is a Trend Right? Markets Gain 12% From Monday

March 12, 2009

Stocks registered a third straight gain on Thursday as investors responded to a round of mostly upbeat developments at large companies, mixed economic data, and the potential for new official steps to boost the U.S. economy.

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Another Submarine? Third Top Treasury Pick Withdraws

March 12, 2009

Democratic sources say that H. Rodgin Cohen, a partner in the New York law firm Sullivan & Cromwell LLP, and the leading candidate for Deputy Treasury Secretary, has withdrawn from consideration. It’s the third withdrawal of a top Treasury Department staff pick in less than a week.

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Under Fire, GOP's Steele Walks Back Abortion Remark

March 12, 2009

RNC Chairman Michael Steele said today that despite telling an interviewer he supports “individual choice” and state-level decisions on abortion, he in fact opposes abortion and supports a Constitutional ban.

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Geithner: Spending Hikes are Short Term Fix, Will End

March 12, 2009

WASHINGTON – President Barack Obama’s ambitious new budget faced bipartisan skepticism Thursday as key senators questioned the administration’s long-term budget outlook and the deficits it envisions rising in the middle of the next decade.

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Rothkopf: Why Stephen Walt and Chas Freeman are Wrong About Israel Lobby

March 12, 2009

There was a lot I didn’t like about the Chas Freeman debacle, but the thing I did not like most was the degree to which it offered apparent support to the “theories” of Stephen Walt and John Mearsheimer.

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"Sorry and Ashamed" Madoff Enters Guilty Plea

March 12, 2009

NEW YORK (AP) – A sentencing date of June 16 has been set for disgraced financier Bernard Madoff. Prosecutors are asking for him to be jailed immediately after he pleaded guilty Thursday to a worldwide financial swindle. They say he robbed investors of billions of dollars.

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Joaquin Phoenix Continues Descent into Weirdness

March 12, 2009

JOAQUIN PHOENIX was involved in a huge brawl while performing at a Miami night club last night, wrestling a heckler to the ground before being dragged off by security.

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New Bankruptcy Fight Brews in Senate

March 12, 2009

Controversial last-minute changes to House legislation empowering bankruptcy judges to alter primary mortgages will have little effect preventing struggling homeowners from trying to save their homes through bankruptcy, according to a number of housing advocates who are following the debate. Rather, pressures to limit the scope of a similar Senate bill, expected to be considered […]

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