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Keyword: electioni2012

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  • After 42 years in Congress, Rangel won't leave without a fight

    06/24/2012 5:29:31 AM PDT · by Oldeconomybuyer · 18 replies
    Los Angeles Times ^ | June 23, 2012 | By Tina Susman
    NEW YORK — It was his 82nd birthday, and Rep. Charles B. Rangel faced a large cake flickering with candles and a roomful of people urging him to blow them out. Rangel drew a deep breath, leaned in close and slowly extinguished every flame, displaying the determination that has seen him through age, injuries and ethics scandals and that supporters hope will carry him through his next battle: against state Sen. Adriano Espaillat, who is as bent on ending Rangel's 42-year congressional career as Rangel is on extending it. Rangel's backers speak of the past, saying their man, a founder...
  • U.S. loses AAA credit rating from S&P

    08/05/2011 5:51:21 PM PDT · by GQuagmire · 409 replies
    Yahoo.com via Reuters ^ | 8/5/11 | Walter Brandimarte
    NEW YORK (Reuters) - The United States lost its top-notch AAA credit rating from Standard & Poor's on Friday, in a dramatic reversal of fortune for the world's largest economy. S&P cut the long-term U.S. credit rating by one notch to AA-plus on concerns about growing budget deficits. U.S. Treasuries, once undisputedly seen as the safest investment in the world, are now rated lower than bonds issued by countries such as the UK, Germany, France or Canada