Archive for June 6th, 2008

Adviser Says McCain Backs Bush Wiretaps

NYTIMES.COM By CHARLIE SAVAGE Published: June 6, 2008 WASHINGTON A top adviser to Senator John McCain says Mr. McCain believes that President Bush’s program of wiretapping without warrants was lawful, a position that appears to bring him into closer alignment with the sweeping theories of executive authority pushed by the Bush administration legal team. LM Otero/Associated [...]

Continue reading »

Dow Slides 394 Points; Oil Surges $10.75

By ABHA BHATTARAI Published: June 7, 2008 Wall Street suffered its worst losses in more than two months on Friday after crude oil prices spiked over $138, an increase of nearly $11, and the unemployment rate rose more than expected. Enlarge This Image Spencer Platt/Getty Images Traders working in the energy options pit on the [...]

Continue reading »

What’s the real federal deficit?

Rob Portman, director of the Office of Management and Budget, presents “The Mid-Year Budget Review” at the National Press Club on July 11. Due to increased tax receipts, the Bush administration says it’s goal of cutting the federal deficit in half by 2009 is a year ahead of schedule. But deficit numbers vary depending on [...]

Continue reading »

U.S Sees Biggest Unemployment Jump in 22 Years

AlterNet June 6, 2008. Unemployment jumped to 5.5 percent in May. On the economic front, the news is ‘ugly.’ Nervous employers cut 49,000 jobs. The latest snapshot of business conditions showed a deeply troubled economy, with dwindling job opportunities in a time of continuing hardship in the housing, credit and financial sectors. “It was ugly,” [...]

Continue reading »

Pushing Bush to Attack Iran

By Dan Froomkin Special to washingtonpost.com Wednesday, June 4, 2008; 11:57 AM Israeli Prime Minister Ehud Olmert is expected to use his White House visit today to push President Bush to take a more aggressive approach toward Iran — and there are some signs that he’ll have a receptive audience. Both Olmert and Bush are [...]

Continue reading »

Public Opinion Snapshot: Public Says It?s OK to Meet with Iran

Center for American Progress By Ruy Teixeira | June 6, 2008 There?s been considerable debate about whether it?s appropriate for the president of the United States to meet with the president of Iran. In all the back-and-forth about this issue, however, the public?s views are rarely, if ever, mentioned. That?s a shame, since the public [...]

Continue reading »

Record Unemployment Should Be a Clarion Call for Action

Center for American Progress Retail trade lost 27,000 jobs in May. Since last May, the sector has shed 165,000 jobs. SOURCE: AP/Matt York By David Madland | June 6, 2008 The unemployment rate jumped in May by half a percent, rising from 5.0 to 5.5 percent, the biggest increase in over 20 years, according to [...]

Continue reading »

MEDICARE DRUG COVERAGE IS COSTING MOST SENIORS MORE

  Premiums for the top 10 prescription plans are up an average of 16% from last year, a new study finds — a hardship for many people. By Ricardo Alonso-Zaldivar Los Angeles Times Staff Writer June 5, 2008 WASHINGTON — As if escalating prices for food and gas weren’t enough of a worry, most seniors [...]

Continue reading »

ETHICS Issues

Center for American Progress   McClellan’s Plame Disillusionment  Center for American Progress  McClellan’s Plame Disillusionment Last week, former White House press secretary Scott McClellan made the media rounds to promote his insider’s account of his time in the Bush administration. The book has revived interest in the Valerie Plame leak scandal, what McClellan calls a [...]

Continue reading »

Bush’s Secret Iraq Deal

By Dan Froomkin Special to washingtonpost.com Thursday, June 5, 2008; 12:35 PM Despite opposition from both the Iraqi and American people, President Bush appears to be forging ahead on a multi-year security agreement with the Iraqi government that would lock in the occupation status quo. A British newspaper reports new details about the ongoing secret [...]

Continue reading »

A game of political hardball, Clinton-style

By Joan Vennochi June 5, 2008 HILLARY’S WOMEN have a choice to make. Do they stick with their party and the candidate who reminds them of every man who got the raise and promotion before they did? Or, do they switch to the Republican nominee who reminds them of the dad with whom they disagree, [...]

Continue reading »

It’s the delegates, stupid

By Dan Payne Globe Newspaper June 5, 2008 BY THE LOGIC of the Hillary Clinton campaign, the Boston Celtics shouldn’t be playing the Los Angeles Lakers tonight for the NBA championship. The Detroit Pistons should. The Celtics beat the Pistons in the conference finals, but some would say Detroit is more experienced, tougher, and more [...]

Continue reading »

Follow

Get every new post delivered to your Inbox.