The Moral Hazard of Michael Phelps

February 6, 2009

Phelps, now suspended for three months by USA Swimming, is a poster child for the problems of celebrity in the modern age, and an example of how some antics are more than just entertainment, but a lesson for those who look up to him.

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Wilkinson: Americans Captive in Their Homes

February 6, 2009

The law of unanticipated consequences: By pushing home-ownership to historic highs among those who by all rights could not afford them, federal housing policy now forces many jobless Americans to stay put, when they otherwise would move to find new work.

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Obama Reverses Course on Stem Cells

February 6, 2009

While POTUS had originally promised to “defer to Congress” on the stem cells issue, he tells a closed door meeting of House Democrats in Williamsburg, Virginia that he will guarantee embryonic stem cell funding via executive order.

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FL Doc Investigated in Botched Abortion, Infanticide Case

February 6, 2009

According to Williams and the Florida Department of Health, she went into labor and delivered a live baby girl. What Williams and the Health Department say happened next has shocked people on both sides of the abortion debate: One of the clinic’s owners, who has no medical license, cut the infant’s umbilical cord. Williams says […]

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State Unemployment Funds Running Low

February 6, 2009

A growing number of states are running out of cash to pay unemployment benefits, a sign of how far social-welfare systems are being stretched by the swelling ranks of the jobless in the deteriorating U.S. economy.

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Not More Tax Problems? Solis Senate Session Postponed After Tax Lien Discovered

February 5, 2009

A Senate committee today abruptly canceled a session to consider President Obama’s nomination of Rep. Hilda Solis to be labor secretary in the wake of a report saying that her husband yesterday paid about $6,400 to settle tax liens against his business — including liens that had been outstanding for as long as 16 years.

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Reid: We've Got the Votes for StimPack

February 5, 2009

Senate Majority Leader Harry Reid (D-Nev.) told reporters Thursday that he has enough votes to pass a more than $900 billion stimulus bill out of the Senate.

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Not a Good Time to Run a Newspaper: McClatchy Losses Mount

February 5, 2009

Newspaper publisher McClatchy Co. reported a $21.7 million loss for the fourth quarter on Thursday, reflecting the declining value of its newspapers, and said it plans deep cost cuts this year.

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Chinese Earthquake May Have Been Man-made

February 5, 2009

Chinese earthquake may have been man-made, say scientists: An earthquake that killed at least 80,000 people in Sichuan last year may have been triggered by an enormous dam just miles from the epicentre.

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Iraqi Woman had 80 Raped and Recruited as Suicide Bombers

February 5, 2009

A WOMAN suspected of recruiting more than 80 female suicide bombers has confessed to organising their rapes so she could later convince them that martyrdom was the only way to escape the shame.

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