News

Foreclosures surge

Foreclosures surge

The number of U.S. homes lost to foreclosure surged in July, another sign lenders are moving quicker to take back properties from homeowners behind in payments. Lenders repossessed 92,858 properties last month, up 9 percent from June and an increase of 6 percent from July 2009, foreclosure listing firm RealtyTrac Inc. said Thursday. Banks have […]

Quayle calls Obama ‘worst president in history’

Quayle calls Obama ‘worst president in history’

The son of former Vice President Dan Quayle unveiled a TV campaign ad Wednesday in his bid for Congress in which he calls President Barack Obama “the worst president in history” and tells Arizona voters that he wants to “knock the hell” out of Washington. Ben Quayle’s provocative ad, aimed at voters in Arizona’s 3rd […]

Charlie Rangel: ‘Hell no, I won’t go’

Charlie Rangel: ‘Hell no, I won’t go’

Democratic Representative Charles Rangel said on Tuesday he was not resigning in the face of ethics charges and asked for an expedited resolution of his case before he has to face voters in November elections. “I am not going away. I am here,” Rangel said to some applause during a lengthy, rambling speech on the […]

In this election year, inexperience pays off

In this election year, inexperience pays off

All hail inexperience — the less familiarity with politics the better, no matter the party or state. “This election is the first time my name has ever been on a ballot,” appointed Sen. Michael Bennet of Colorado said Tuesday night, hours after dispatching his rival in a bitter Democratic primary. Two major mountain ranges away, […]

Alaska plane crash kills former senator, four others

Alaska plane crash kills former senator, four others

Former Sen. Ted Stevens lay dead in the mangled fuselage of the plane. A 13-year-old boy escaped death but watched his father die a few feet away. Medical workers spent the miserable night tending to survivors’ broken bones amid a huge slick of fuel that coated a muddy mountainside. The gruesome details of the plane […]

Gates proposes major defense cuts that will cost jobs

Gates proposes major defense cuts that will cost jobs

Defense Secretary Robert Gates said Monday that tough economic times require that he shutter a major command that employs some 5,000 people around Norfolk, Va., and begin to eliminate other jobs throughout the military. The announcement was the first major step by Gates to find $100 billion in savings in the next five years. Gates […]

Obama ramps up anti-Bush rhetoric

Obama ramps up anti-Bush rhetoric

President Barack Obama attacked the economic policies of his Republican predecessor George W. Bush in Bush’s home state on Monday as evidence of the way Republicans would operate if given power in November 2 U.S. congressional elections. At a fund-raising event for Democrats in Dallas, where Bush now lives, Obama said the former president’s “disastrous” […]

The case against Maxine Waters

The case against Maxine Waters

The House ethics committee on Monday announced three counts of alleged ethics violations against California Democrat Maxine Waters, including a charge that she requested federal help for a bank where her husband owned stock and had served on its board. Waters, a 10-term representative from Los Angeles, has denied any wrongdoing and had urged the […]

Michele Obama’s lavish, jet-set lifestyle raises questions

Michele Obama’s lavish, jet-set lifestyle raises questions

First Lady Michele Obama’s jet-set travels leave critics shaking their heads and wondering why she is living large at taxpayer expense while her husband preaches financial restraint to the rest of America. Her apparent clueless habit of jetting off to exotic locales while America struggles fuels criticism that she and her husband are out of […]

Tea party runs into money problems

Tea party runs into money problems

Some leading tea party activists are concerned that their efforts to reshape American politics, starting with the 2010 elections, are being undermined by a shortage of cash that’s partly the result of a deep ambivalence within the movement’s grassroots  over the very idea of fundraising, and partly attributable to an inability to win over the […]