Pakistan Gets Billions from US Despite Terror Concerns

February 27, 2009

Under pressure from Sen. Kerry and others, White House directs bonus of $5B in new economic and military aid to Pakistan (on top of annual $1.5B in aid) “despite reports that Islamabad is using American taxpayer money for deals with the Taliban and accounts of US arms ending up in the hands of extremists.”

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Finally, DC Gets Taxation With Representation

February 27, 2009

D.C. will gain a voting Rep. in Congress thanks to a compromise that traded it for expanded gun rights in the District and a fourth seat in Utah (two things you were probably getting anyway: smart GOP!). It’s going to face a court challenge right away, because it turns out D.C. is not a state.

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New Group of Bloggers, Activists Seek to Pull Democrats Left

February 27, 2009

With Glenn Greenwald and Jane Hamsher among the founders, the intent is to pair big names online with labor and MoveOn’s remnants to create a PAC modeled on the Club For Growth, with the goal of pulling Democrats leftward – a representation of some of the emerging cracks in President Obama’s coalition.

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Clinton's China Trip Symbol of New Admin's Foreign Policy

February 27, 2009

Hillary Clinton’s visit to China is first time in 50 years that a US SecState chose Asia over Europe or the Middle East as their first trip abroad, marks first of a new series of relationships with the world in the post-Bush era. Clinton’s pragmatic approach left her hosts relieved and human rights activists angered.

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Niall Ferguson Predicts: There Will Be Blood

February 27, 2009

And now for your voice of doom: author Niall Ferguson goes over like a lead balloon in Canada, argues that the current crisis is far from over. “Policy makers and forecasters who see a recovery next year are probably lying to boost public confidence…the crisis will eventually provoke political conflict,” most likely the violent variety.

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Obama Budget Caps Pay Raises for Military Personnel at 2.9%

February 26, 2009

Civilian employees of the federal government will be limited to a 2 percent pay increase in 2010 under the proposed budget released this morning by the Obama administration.

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Burris' Son Hired by State Housing Authority, Geoghegan Files Suit

February 26, 2009

The son of Sen. Roland Burris landed a job with the Illinois Housing Development Authority five months ago under the administration of Gov. Rod Blagojevich, the Chicago Sun-Times reported Thursday.

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Afghan Foreign Minister Begs Admin Not to Reduce Support for Democracy

February 26, 2009

Speaking at the Center for American Progress, Afghanistan’s foreign minister, Rangin Dadfar Spanta, made a full-throated plea for the United States not to back away from supporting Afghan democracy. “In recent weeks and months, we have heard some views here and elsewhere that we need to reduce our expectations from Afghanistan, and instead pursue ‘realistic’ […]

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WH Anticipates $1.75T Deficit

February 26, 2009

WASHINGTON, Feb 26 (Reuters) – President Barack Obama will forecast a 2009 deficit of $1.75 trillion in a budget proposal on Thursday that sets goals of overhauling the healthcare system and shoring up the U.S. economy.

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Jobs Probably Won't Return to Apple

February 26, 2009

Regardless of what Apple honchos said at today’s shareholder meeting, I have come to the sad conclusion that Steve Jobs will never return to the helm at Apple. This is another of those “I hope of am wrong, but . . .” posts that I hate to write. But, skipping the shareholder meeting is a […]

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