FUBAR

Profits, CEO paychecks up big time at U.S. companies

Profits, CEO paychecks up big time at U.S. companies

Profits at big U.S. companies broke records last year, and so did pay for CEOs. The head of a typical public company made $9.6 million in 2011, according to an analysis by The Associated Press using data from Equilar, an executive pay research firm. That was up more than 6 percent from the previous year, […]

Secret Service sets new limits on drinking, partying

Secret Service sets new limits on drinking, partying

Heavy drinking and bringing foreign nationals back to hotel rooms on trips abroad is now banned by the U.S. Secret Service in the wake of a growing scandal over allegations that agents consorted with prostitutes in Colombia this month. The new rules of conduct issued on Friday also ban visits to “non-reputable establishments,” presumably including […]

Ron Paul to tornado victims: Get insurance, not federal aid

Ron Paul to tornado victims: Get insurance, not federal aid

Libertarian Texas Congressman and Presidential candidate Ron Paul Sunday said victims of tornadoes that spread death and destruction across the  South and Midwest don’t deserve federal aid. Said Paul on CNN’s State of the Union: There is no such thing as federal money.  Federal money is just what they seal from the state sand steal […]

White House ignored warnings about solar company’s problems

White House ignored warnings about solar company’s problems

White House officials discussed the political ramifications of a possible default by a troubled solar energy company that received more than $500 million in federal loans, newly released emails show. Emails released Thursday night show that Obama administration privately worried about the effect of a default by Solyndra Inc. on the president’s re-election campaign. “The […]

Poverty among Americans at all-time high

Poverty among Americans at all-time high

The ranks of America’s poor swelled to almost 1 in 6 people last year, reaching a new high as long-term unemployment left millions of Americans struggling and out of work. The number of uninsured edged up to 49.9 million, the biggest in more than two decades. The Census Bureau‘s annual report released Tuesday offers a […]

Health insurance mandate ruled unconstitutional

Health insurance mandate ruled unconstitutional

A federal judge in Pennsylvania said the insurance-buying mandate in President Barack Obama’s health care overhaul is unconstitutional, the latest ruling over an issue likely to be taken up by the Supreme Court. U.S. District Judge Christopher Conner in Harrisburg said the Commerce Clause of the U.S. Constitution did not give Congress power to require […]

CIA opens New York probe

CIA opens New York probe

The CIA has opened an internal investigation into whether the agency broke a ban against domestic spying in its work with New York City police, top officials said Tuesday. Newly appointed CIA director David Petraeus, who took over the spy agency this month, said the probe by the agency’s inspector general would look at the […]

Is it government’s job to fix economy?

Is it government’s job to fix economy?

The economy needs to be fixed. On this, Democrats and Republicans agree. They part ways over how to do it and, specifically, what role the federal government should play. “Ultimately,” President Barack Obama tells Congress, “our recovery will be driven not by Washington, but by our businesses and our workers. But we can help.” His […]