Articles Posted by MittFan08
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The historic swings in oil prices last year were the result of financial speculation from Wall Street and not supply and demand say several sources from the financial and oil communities. Leading the charge in making huge bets on the price of oil were investment banks and hedge funds, these sources tell 60 Minutes correspondent Steve Kroft for a report to be broadcast this Sunday, Jan. 11, at 7 p.m. ET/PT. Michael Masters, a hedge fund manager who tracks the flow of investments in and out of markets, noticed huge amounts of money going from stocks and bonds into oil...
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Excerpt: MAP 2.4 2008/12/30 00:36:39 44.510 -110.384 0.2 60 km ( 37 mi) ESE of West Yellowstone, MT MAP 2.4 2008/12/29 21:25:15 44.525 -110.360 2.0 61 km ( 38 mi) ESE of West Yellowstone, MT
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IF General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye. It won’t go overnight, but its demise will be virtually guaranteed. Without that bailout, Detroit will need to drastically restructure itself. With it, the automakers will stay the course — the suicidal course of declining market shares, insurmountable labor and retiree burdens, technology atrophy, product inferiority and never-ending job losses. Detroit needs a turnaround, not a check.
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Chinese carmakers SAIC and Dongfeng have plans to acquire GM and Chrysler, China’s 21st Century Business Herald reports today. [A National Enquirer the paper is not. It is one of China's leading business newspapers, with a daily readership over three million.] The paper cites a senior official of China’s Ministry of Industry and Information Technology– the state regulator of China’s auto industry– who dropped the hint that “the auto manufacturing giants in China, such as Shanghai Automotive Industry Corporation (SAIC) and Dongfeng Motor Corporation, have the capability and intention to buy some assets of the two crisis-plagued American automakers.” These...
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Crist extends voting hours This is a very big deal: Florida Governor Charlie Crist, to the shock and dismay of Florida Republicans, just moved to extend early voting hours, a move likely to widen the Democrats' lead under a program on which the Obama campaign has intensely focused. "He just blew Florida for John McCain," one plugged in Florida Republican just told me.
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In an election for President of the United States in Pennsylvania today, 10/23/08, twelve days until votes are counted, the contest tightens, but Democrat Barack Obama still defeats Republican John McCain 53% to 41%, according to a SurveyUSA poll conducted for WCAU-TV Philadelphia, KDKA-TV Pittsburgh, WNEP-TV Scranton, WHTM-TV Harrisburg, and WJAC-TV Johnstown. Compared to a SurveyUSA poll 9 days ago, McCain is up 1, Obama is down 2. There is movement to McCain among white voters, where McCain had been down 7, today is down 3.
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Florida Governor Charlie Crist says the state is investigating whether thousands of felons are on the voting rolls who shouldn’t be. Last year the state cabinet voted to automatically restore the civil rights of more than 130,000 non-violent offenders. A recent newspaper investigation found 30,000 felons who are still banned from voting are registered to cast ballots on Election Day. Governor Charlie Crist says he has confidence that Secretary of State Kurt Browning will handle the problem. "One of the things we’ve try to do, and I think successfully, is have former felons have the ability to vote much sooner...
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John McCain's campaign tonight sought to tamp down a report by CNN's John King that they're looking for a path to victory that doesn't include Iowa, New Mexico and Colorado -- all states won by President Bush in 2004. As King noted, many observers, including Republicans, have long been skeptical of McCain's prospects in New Mexico and Iowa. But Colorado was considered as something of a must-win for McCain to have any chance of winning the presidency. Two senior aides didn't deny that Colorado appeared challenging, but pointed to the two key indicators of any campaign's intent, time and money,...
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Monday, October 20, 2008 Email to a Friend Barack Obama has opened his biggest lead yet over John McCain in Virginia. The latest Rasmussen Reports telephone survey in the state finds Obama now leading 54% to 44%. The Democrat leads 51% to 48% among men and 57% to 42% among women (see full demographic crosstabs). Just one week ago, Obama held a three percentage point lead but Obama has been dramatically outspending McCain on television advertising in this critical state. The Democrat has now been ahead of McCain in five straight Virginia polls conducted by Rasmussen Reports.
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If McCain was looking to make a domestic policy initiative, why not a middle class tax cut of his own for all voters? I'm having a hard time seeing why it's smart either as a matter of policy or politics to propose having taxpayers who incur reasonable amounts of debt and act responsibly bail out those who don't.
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<p>Sen. Barack Obama's pastor says blacks should not sing "God Bless America" but "God damn America."</p>
<p>The Rev. Jeremiah Wright, Obama's pastor for the last 20 years at the Trinity United Church of Christ on Chicago's south side, has a long history of what even Obama's campaign aides concede is "inflammatory rhetoric," including the assertion that the United States brought on the 9/11 attacks with its own "terrorism."</p>
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This is so bad for Obama he may not even get to Pennsylvania before the party elders have a little talk with him to encourage him to accept the VP spot.
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Wed. Feb. 13, 2008 Colorado’s Electoral College votes have ended up in the Republican column for the past three Presidential election, but it has always been competitive. Four years ago, President George W. Bush won the state by less than five percentage points over Senator John Kerry. It’s not clear which party will claim Colorado and its nine Electoral Votes in 2008. The latest Rasmussen Reports telephone survey shows that Barack Obama (D) currently holds a seven-point advantage over John McCain (R), 46% to 39%. However, if the Democrats nominate Hillary Clinton, McCain will begin the race with a fourteen...
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BILOXI --A Biloxi teacher, who was suspended after sexual battery charges were filed against her, admitted to police she had sexual relations with the 15-year-old, according to court documents provided by the county attorney. In one communication she called the juvenile her little "sex fiend." Rebecca Dawn Bogard, 27, was charged with sexual battery of a teenage male student Jan. 18, and released on $50,000 bond. She was suspended by the Biloxi School District with pay Jan. 23. Bogard waived her right to a preliminary hearing where underlying facts of the case are made public. Underlying facts are what police...
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McCain has been my least favorite potential Republican nominee all along because of his active support of amnesty. And Hillary is beholden to the Hispanic voters. Assuming the next president is one of those two, I've been thinking about how likely it is that amnesty will pass Congress. I'm actually pretty optimistic on this point, based on recent votes in the House and Senate. Last year, the House passed the Security and Fairness Enhancement for America (SAFE) Act of 2007, which would eliminate the visa "diversity" lottery. This legislation was passed by a broad majority of bipartisan Members(273 - 148)....
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BLUFFTON, South Carolina (CNN) — The nine-point immigration plan released Friday by former Arkansas Gov. Mike Huckabee came with a footnote: "Note: This plan is partially modeled on a proposal by Mark Krikorian, Executive Director of the Center for Immigration Studies." That proposal by the conservative anti-illegal immigration activist was published in the National Review in May 2005. Not only is Huckabee's plan strikingly similar to the magazine piece – in some cases, it contains exact quotations copied over from the article.
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Dianne Feinstein just said she will vote for cloture and in favor of his nomination- looks like she has withstood the liberal barrage against him. This bodes very well for his confirmation.
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Saudi Arabia has refused to cut interest rates in lockstep with the US Federal Reserve for the first time, signalling that the oil-rich Gulf kingdom is preparing to break the dollar currency peg in a move that risks setting off a stampede out of the dollar across the Middle East. This is a very dangerous situation for the dollar," said Hans Redeker, currency chief at BNP Paribas. "Saudi Arabia has $800bn (£400bn) in their future generation fund, and the entire region has $3,500bn under management. They face an inflationary threat and do not want to import an interest rate policy...
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As Mr. Thompson prepares to announce tomorrow that he will officially seek the Republican nomination for president and voters begin to take a closer look at him, his maverick streak and his voting record will be front and center. Some votes are likely to draw scrutiny, particularly a series of votes in the 1990s against cracking down on illegal aliens. Those include a 1995 vote against limiting services other than emergency care and public education to illegal aliens — he was one of just six senators to oppose that proposal — and a 1996 vote against creating an employer verification...
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This link is to the roll call vote on the Sessions amendment which passed, which prevents the newly amnestied illegals and guest workers from getting the earned income tax credit. Thankfully, it passed 56-41 (don't assume the bill is really dead). I'm going to post the names of the Dems who voted for it and the Republicans who voted against it. The votes on this amendment give you a better idea who are hard core traitors are in our party and who the Dems are that we might be able to work with. Dems for the amendment: Baucus (D-MT) Bayh...
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