Archives for News

Mike Huckabee just says ‘no’ to Presidential run

Former Arkansas Gov. Mike Huckabee decided to just say “no” to a Presidential run, leaving the right wing of the Republican Party with one less candidate and no clear voice among those remaining. “All the factors say go, but my heart says no,” Huckabee said on his Fox News Channel show Saturday night. Huckabee, a Baptist minister, decided to stick with a lucrative career in television and radio but insisted he could have won if he had decided to run. He joins Mississippi Gov. Haley Barbour, South Carolina Sen. John Thune and Indiana Congressman Mike Pence as potential candidates who
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Pornography collection found at bin Laden compound

A sizeable stash of pornography was among the items seized when U.S. Navy SEALs raided the Pakistani hideout of Osama bin Laden, almost two weeks ago, U.S. officials say. The officials said it was unclear who the material belonged to, and there was no way to know whether bin Laden had viewed it. Bin Laden’s son and two other adult male couriers lived at the compound, the officials said, speaking on condition of anonymity to discuss matters of intelligence. The pornography was among the computer materials confiscated in the raid after the SEALs killed bin Laden, ending an almost 10-year
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Sony computer networks still vulnerable

Sony Corp’s computer networks remain vulnerable to attack three weeks after the company learned that it had been victim of one of the biggest data breaches in history, according to an Internet security expert. The expert found a handful of security flaws in Sony’s networks while remotely studying its systems via the Internet to see how difficult it would be to penetrate the electronics giant’s systems in the wake of the attacks. Security researcher John Bumgarner discovered a potential bonanza for hackers by using little more than a web browser, Google’s search engine and a basic understanding of Internet security
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Borders may have a savior in the wings

Bankrupt bookseller Borders Group Inc (BGPIQ.PK) said it has received indications of third-party interest for its business that could keep it running as a going concern, a source close to the matter told Reuters. The source declined to provide further details. Borders Group Inc, after years of shriveling sales and carrying a heavy debt load, filed for bankruptcy in February and has been soliciting offers for a sale of the company ever since. The Wall Street Journal, citing people familiar with the matter, on Friday said a possible bidder expressed interest in more than 225 of the bookseller’s remaining superstores.
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Bush on bin Laden: ‘The guy is dead. That is good’

Former US president George W. Bush this week reportedly praised President Barack Obama’s decision to order the raid that killed Osama bin Laden and declared: “The guy is dead. That is good.” Bush — who famously declared after the September 11 terrorist attacks that he wanted bin Laden “dead or alive” — spoke out on the Al-Qaeda leader at a conference of hedge fund managers in Las Vegas, ABC news reported. The former president said he was “not overjoyed” to hear that elite US commandos had taken out bin Laden in Pakistan, explaining that the covert strike had been carried
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No expedited review of FOIA request for bin Laden photos

The Defense Department is refusing to do a speedy review of a Freedom of Information Act request for graphic photos of Osama bin Laden’s corpse, setting the stage for a protracted battle over access to the images. In a letter to The Associated Press, the department said the AP did not demonstrate an urgent or compelling need for the photos or show that the information has a particular value that would be lost if not provided in an expedited manner. As a result, it is not clear when or if the photos will be provided. The AP received the letter
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Outlook for Social Security, Medicare worsens

The bad economy is worsening the already-shaky finances of Medicare and Social Security, draining the trust funds supporting them faster than expected and intensifying the need for Congress to shore up the massive benefit programs, the government said Friday. Both Medicare and Social Security are being hit by a double whammy: the long-anticipated wave of retiring baby boomers and weaker-than-expected tax receipts, according to the annual report by the trustees who oversee the programs. The Medicare hospital insurance fund for seniors is now projected to run out of money in 2024, five years earlier than last year’s estimate. The Social
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Obama announces plans to speed up U.S. oil production

Facing continued public unhappiness over gas prices, President Barack Obama is directing his administration to ramp up U.S. oil production by extending existing leases in the Gulf of Mexico and off Alaska’s coast and holding more frequent lease sales in a federal petroleum reserve in Alaska. Obama said Saturday that the measures “make good sense” and will help reduce U.S. consumption of imported oil in the long term. But he acknowledged anew that they won’t help to immediately bring down gasoline prices topping $4 a gallon in many parts of the country. His announcement followed passage in the Republican-controlled House
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Congress shies away from Social Security changes

Congress, already nervous about voter backlash from Senior Citizens, is backing away from changes to Social Security but the serious long-term financial problems that threatens the system remains. An annual report from Social Security trustees will highlight those problems when it is released Friday. The report will show Medicare in worse shape than Social Security because of rising health care costs. But both programs face insolvency unless Congress acts, the report will say. The trustees reported last year Medicare trust funds will run out by 2029 and Social Security will be flat broke by 2037. Projections won’t improve after another
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Ron Paul readies another fringe run for President

The “Dr. No” of American politics — two-time Presidential loser Ron Paul — wants his third strike at national office, planning to announce yet another doomed run for the White House Friday. Polls show the 75-year-old Texas Congressman doesn’t stand a chance of winning the GOP Presidential nomination but that won’t stop him from running again, energizing his rapid legion of followers or muddying up a Republican field of candidates that is already overrun with long-shot fringe candidates. “He’s an authentic nut,” says Democratic consultant Jeff Crosby, a native of Paul’s coastal Texas Congressional district, tells The Associated Press.  “He
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