Archives for FUBAR

Bachmann announces presidential run Monday

Conservative Republican Michele Bachmann will officially launch her presidential bid in Iowa on Monday, a source close to her campaign said on Tuesday. The representative from Minnesota, who announced her intention to run at a Republican debate in New Hampshire last week, will hold a kick-off event Monday in Waterloo, Iowa, where she was born, the source told Reuters. Bachmann, 55, is founder and head of the House Tea Party Caucus. She was one of the first elected officials to court the movement that helped fuel Republican gains in the 2010 midterm elections with calls for spending cuts and reduced
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Home sales hit six-month low

Sales of previously owned U.S. homes hit a six-month low in May and supply rose, pointing to a housing market still struggling to regain its footing. The National Association of Realtors said on Tuesday that sales slipped 3.8 percent month over month to an annual rate of 4.81 million units, the lowest since November. It was the second straight month of declines. The drop was smaller than economists had expected, but the April sales figure was revised lower, leaving a report that was largely in line with expectations in financial markets. While the fall in sales last month was partly
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Oops! Obamacare provides Medicaid for the middle class

President Barack Obama’s health care law would let several million middle-class people get nearly free insurance meant for the poor, a twist government number crunchers say they discovered only after the complex bill was signed. The change would affect early retirees: A married couple could have an annual income of about $64,000 and still get Medicaid, said officials who make long-range cost estimates for the Health and Human Services department. After initially downplaying any concern, the Obama administration said late Tuesday it would look for a fix. Up to 3 million more people could qualify for Medicaid in 2014 as
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Make or break week on debt limit

U.S. lawmakers working to rein in the country’s rising debt said on Monday they will have to make substantial progress this week to ensure the country retains its top-notch credit rating. Democrats and Republicans said they face a crucial series of talks as they try to find the trillions of dollars in budget savings that will allow Congress to cover the country’s borrowing needs through the November 2012 election. “I’d say if we haven’t made enough progress by the end of this week we’re really going to have to reassess the situation,” Republican Senator Jon Kyl told reporters. Other Republicans
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Who the hell is Jon Huntsman?

Jon Huntsman Jr. is a high school dropout, a Harley-riding ex-governor and a diplomat whose last boss was President Barack Obama. Now this Republican wants Obama’s job. The unusual political resume and sometimes centrist views makes Huntsman both a long shot to emerge with the GOP presidential nomination and a candidate to be feared by the Democrat in the White House should he break out of the pack. At the Tacos Don Rafa food cart in downtown Salt Lake City, though, Huntsman is known simply as a regular, often dressed in a denim jacket. “His palate can withstand more hot
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Weiner now officially an ex-member of Congress

Democrat Anthony Weiner, caught sending lewd photos of himself to women over the Internet, on Monday submitted his letter of resignation from the House of Representatives, effective midnight on Tuesday. Under pressure from President Barack Obama and other fellow Democrats, Weiner announced his resignation last week after being ensnared in an Internet sex scandal, but waited until Monday before declaring when he would leave. Democrats feared that Weiner had become a political liability to their efforts to win back the House from Republicans in next year’s elections. Once seen as a rising liberal star and likely future candidate for mayor
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Tritium leaks found at U.S. nuke plants

Radioactive tritium has leaked from three-quarters of U.S. commercial nuclear power sites, often into groundwater from corroded, buried piping, an Associated Press investigation shows. The number and severity of the leaks has been escalating, even as federal regulators extend the licenses of more and more reactors across the nation. Tritium, which is a radioactive form of hydrogen, has leaked from at least 48 of 65 sites, according to U.S. Nuclear Regulatory Commission records reviewed as part of the AP’s yearlong examination of safety issues at aging nuclear power plants. Leaks from at least 37 of those facilities contained concentrations exceeding
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Danger lurks: Feds soften nuke industry rules

Federal regulators have been working closely with the nuclear power industry to keep the nation’s aging reactors operating within safety standards by repeatedly weakening those standards, or simply failing to enforce them, an investigation by The Associated Press has found. Time after time, officials at the U.S. Nuclear Regulatory Commission have decided that original regulations were too strict, arguing that safety margins could be eased without peril, according to records and interviews. The result? Rising fears that these accommodations by the NRC are significantly undermining safety — and inching the reactors closer to an accident that could harm the public
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Axelrod: Republican Presidential wannabes can’t cut it

President Barack Obama‘s chief campaign strategist is dismissive of the Republicans who want his boss’ job, saying they are eager to criticize the Democratic incumbent without offering substantive ways to help the country. David Axelrod says it’s too early to start sizing up the competition, but he took on the emerging field of candidates when asked to assess the GOP’s first major debate of the campaign season last Monday in New Hampshire. Republicans at that forum condemned Obama’s handling of the economy and pledged to repeal his health care overhaul. “There seemed to be a unanimity of antipathy toward the
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Obama’s lack of action on gun control angers Dems

More than five months after Rep. Gabrielle Giffords was shot in the head, the White House has yet to take any new steps on gun violence, even though that’s what President Barack Obama called for in the wake of the shooting. The silence from the administration is drawing criticism from gun control activists and even some of Obama’s Democratic allies. Sen. Frank Lautenberg, D-N.J., told the president in a letter last week that the administration “has not shown the leadership to combat gun violence.” It’s in keeping with Obama’s general stance on gun issues since taking office: outspoken earlier in
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