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Republican Senators Ted Cruz, Rand Paul and Marco Rubio get thrown around a lot as possible GOP presidential candidates for 2016. One prominent Republican who does not get mentioned much in that context is Rep. Peter King (R-NY). But during one of his frequent interview with CNN’s Wolf Blitzer Friday, King said he is seriously considering making a run at the nomination, if only to prevent those younger, more right-wing candidates from becoming president. Asked by Blitzer about his 2016 plans, King said he’s “certainly looking at” the possibility, which will include a trip to New Hampshire next month. He...

(VIDEO-AT-LINK)New York Rep. Peter King is stepping up his attacks on 2016 GOP hopefuls Sens. Ted Cruz and Rand Paul as he builds on his burgeoning presidential campaign with planned trips to Iowa and South Carolina. “I don’t want the Republican Party taken over isolationists such as Rand Paul, or people like Ted Cruz who want to shut the government down,” he said while visiting Harvard University’s Institute of Politics. “I want there to be an alternative voice which I feel is in the tradition of Eisenhower, of Reagan, and you know, traditional Republicans who believe in strong national defense...

You may already be familiar with the catchy bit of investment advice to “sell in May and go away.” Historically, the first day of May kicks off a seasonally weak period for stock prices that lasts through October. That also means that most of the gains in the U.S. stock market come from the period between the start of November and the end of April. This implies a shockingly simple strategy: Invest in an index fund during November through April and then switch into money market funds until the next November, and you’ll be much better off than an investor...

In December, the Financial Industry Regulatory Authority, which oversees how investments are sold, proposed what it calls Cards, an electronic system that would regularly collect data on balances and transactions in brokerage accounts. But some critics think it could endanger the privacy and security of investors’ confidential data. Under Cards (which stands for Comprehensive Automated Risk Data System), Finra would collect—probably weekly—a record of activity at all of the more than 4,100 brokerage firms nationwide.

Police in Northern Ireland have been given more time to question Sinn Féin leader Gerry Adams in connection with the 1972 murder of Jean McConville. ... An initial 48-hour deadline to either charge or release him was due to expire at 20:00 BST on Friday, but the police successfully applied for more time to question him. ...

The European Left's candidate for the European Commission presidency, Alexis Tsipras, Friday called for the immediate release of Sinn Fein leader Gerry Adams who is been held for questioning in connection with the 1972 murder of Jean McConville. Tsipras called the arrest a "politically inflammatory act against democracy".

Martin McGuinness blamed the “dark side” of policing for Gerry Adams’ detention during the election campaign and insisted his leader could have been questioned without being arrested. He said the questioning centered on books Mr. Adams had written and what others said about him—those “maliciously and vehemently” hostile to the peace process. …

Sinn Féin leader Gerry Adams arrested

The IRA has a secret arsenal of deadly munitions capable of bringing down military helicopters and penetrating PSNI Land Rovers, killing all personnel traveling inside. Millionaire Florida stockbroker turned IRA gunrunner, Mike Logan, says he sent the powerful incendiary shells to the Provisionals who tested them and were “delighted with the results”. […] As well as arming the Provisionals with hundreds of handguns as previously reported, he has now disclosed that he also sent munitions as powerful as those the US Army deployed against Saddam Hussein in the Iraq war. He claims that years after the IRA ceasefire, the Provos...

Retirement experts call it a game changer for the 50 or so million households in the U.S. that own an individual retirement account — an IRA. Uncle Sam’s Tax Court just ruled that the one-rollover-per-year rule applies to all of a taxpayer’s IRAs rather than to each IRA separately. And that ruling, say experts, is in direct conflict with IRS Publication 590, the bible for IRAs. “Industry leaders, financial advisers, and everyone else who handles IRAs are stunned,” said Denise Appleby, the editor and publisher of The IRA Authority According to Appleby, there are two ways to move money between...

The IRA staged an audacious attempt to assassinate Prince Philip in Australia during an official trip, a former spy has claimed. The Irish paramilitary group allegedly planted two bombs targeting the Duke of Edinburgh’s cortege as he travelled through Sydney in 1973. Both devices were located minutes before the royal visitor was due to pass, prompting an immediate security operation to allay the threat.

Rep. Peter King (R-N.Y.) was on “America’s News Headquarters” today, where he discussed Kentucky Sen. Rand Paul’s speech at the Conservative Political Action Conference. In his speech, Paul said that the NSA monitors all phone calls. […] “I think it’s an ignorant strategy which shows that he’s unfit to be a leader of a party. To say that the NSA is monitoring people’s phone calls—the NSA does not listen to anyone’s phone calls, cannot record the conversations of anyone’s phone call, unless there’s a court order, and that can only be obtained after [they’ve] shown direct contact with a terrorist...

WASHINGTON – Experts have cautioned against concerns over a retirement crisis, saying the most commonly cited measure of retirement income ignores a large portion of the money retirees receive.Recently, many pundits and policymakers have expressed much concern [1] about the U.S. retirement system. They argue that the United States is facing a crisis due to the shift over the past three decades from defined-benefit pensions to defined-contribution savings plans. They also worry Americans do not seem to save enough when they are working and in retirement their meager pension income will force them to rely on Social Security.In response,...

President Barack Obama plans to ask Congress in early March, as part of his fiscal 2015 budget, to reduce some of the tax advantages for employer-sponsored retirement plans for higher-income earners, according to published reports. Plus, the president wants to limit the value of all tax deductions, defined contribution exclusions and IRA deductions to 28% of income — and include an overall cap on all retirement accounts, including pensions, that could bring in $1 billion a year in new tax revenue, according to a Pensions & Investments report. Read Companies bracing for 1-2 retirement punch . According to the report,...

President Barack Obama plans to ask Congress in early March, as part of his fiscal 2015 budget, to reduce some of the tax advantages for employer-sponsored retirement plans for higher-income earners, according to published reports. Plus, the president wants to limit the value of all tax deductions, defined contribution exclusions and IRA deductions to 28% of income — and include an overall cap on all retirement accounts, including pensions, that could bring in $1 billion a year in new tax revenue, according to a Pensions & Investments report. Read Companies bracing for 1-2 retirement punch . According to the report,...

<p>When you hear, “Hello, I’m from the federal government and I want to help you manage your retirement savings,” the best advice is to run away, as fast as you can.</p>

When President Barack Obama introduced a new retirement savings plan during his State of the Union speech last month, the Republican response was uncharacteristically muted. Although Republicans were upset about the president’s new reliance on executive authority to push his agenda, they had few harsh words about the details of the retirement idea. Dubbed MyRA, Obama’s initiative is intended to allow workers who do not have access to other workplace savings plans to open an account overseen by the government that would invest in low-risk Treasury bonds. It’s a relatively modest proposal, one that would be entirely voluntary for employers...

Prepare For When The New MyRA Becomes "TheirRA" Personal_Finance / Pensions & Retirement Feb 10, 2014 - 06:47 PM GMTPeter KrauthBy: Money_Morning Personal Finance Peter Krauth writes: In his recent State of the Union Address, President Obama unveiled something new: a retirement savings account to "help" Americans build a nest egg, coining it the "MyRA." Something immediately felt wrong about the proposal... but I couldn't put my finger on it. So I researched the new MyRA and found details to help you understand just how it works. But I also saw some potential dangers there that you need to prepare...

In his recent State of the Union Address, President Obama unveiled something new: a retirement savings account to "help" Americans build a nest egg, coining it the "MyRA." Something immediately felt wrong about the proposal... but I couldn't put my finger on it. So I researched the new MyRA and found details to help you understand just how it works. But I also saw some potential dangers there that you need to prepare for now... What MyRA Really Means Like most government programs, getting to their essence can take some sifting. So I've distilled here what I think are the...

Simply put, the new myRA program put forward by Obama is at best a sucker's deal… or worse, it's a first step toward the nationalization of private retirement savings. (Note: If you haven't yet heard of myRA, I'd strongly suggest you read this excellent overview by my colleague Dan Steinhart.)Even before the new myRA program was announced, there had been whispers about the need for the US government to assume some risk for US retirement accounts. That's code for forced conversion of private retirement assets into government bonds.With foreigners not buying as many Treasuries and the Fed tapering, the US...