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Smokescreen: Ban on pork is anything but

Smokescreen: Ban on pork is anything but

Despite their claims, the Republicans’ ban on earmarks won’t stop lawmakers from steering taxpayers’ dollars to pet projects. And it will have little if any effect on Washington’s far graver problem — the gigantic budget deficit. Saying Election Day victories gave them a mandate to curb spending, Republicans formally agreed last week to a two-year […]

Report: U.S. Preparing Sweeping Insider-Trading Charges

Federal authorities, capping a three-year investigation, are preparing insider-trading charges that could ensnare consultants, investment bankers, hedge-fund and mutual-fund traders and analysts across the nation, according to people familiar with the matter. The criminal and civil probes, which authorities say could eclipse the impact on the financial industry of any previous such investigation, are examining […]

Senate approves compensation for black farmers

WASHINGTON (Reuters) – The Senate unanimously approved a bill on Friday funding $1.15 billion in compensation to black farmers in a decades-old bias lawsuit that is one of the largest civil rights settlements in U.S. history. Read the full story

U.S. Pushing Pakistan For Expanded Drone Operation Areas

ISLAMABAD – The United States has renewed pressure on Pakistan to expand the areas where CIA drones can operate inside the country, reflecting concern that the U.S. war effort in Afghanistan is being undermined by insurgents’ continued ability to take sanctuary across the border, U.S. and Pakistani officials said. The U.S. appeal has focused on […]

Howard Steven Friedman: Mr. President, "Yes You Can" Show Backbone

Dear Mr. President – Your words are eloquent but your actions are lacking. Your party got trounced in the midterm elections for many reasons, but the economy was a major driver. You claimed to be leader for the working people, someone who fights for those struggling to make ends meet in these difficult times. You […]

Office Space Turf Wars On Capitol Hill

WASHINGTON — Rep.-elect Bob Gibbs was trying to get this straight: There’s a public women’s bathroom in the middle of a congressman’s office suite? And in the building next door, not one but two House aides have made their workspace in an unused elevator shaft? A glittering week being wined, dined and oriented by the […]