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Bank of America Reports More than $1Billion in Losses

Bank of America Reports More than $1B in Losses BBC News reports : Bank of America has reported a second straight quarterly loss, driven by a $2bn (£1.25bn) writedown of its mortgage business. The bank announced a net loss of $1.2bn in the last three months of 2010, compared …

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Written by FrumForum News on Monday January 24, 2011

McConnell Will Push Senate Repeal Vote

McConnell Will Push Senate Repeal Vote The Washington Post reports : Senate Minority Leader Mitch McConnell (R-Ky.) pledged Sunday that the Senate would vote on a repeal of the national health care overhaul following the House's passage of repeal legislation last week. "I'm …

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Written by FrumForum News on Monday January 24, 2011

Obama: $1Billion for New Drug R&D

OBAMA: $1B FOR NEW DRUG R&D The New York Times reports : The Obama administration has become so concerned about the slowing pace of new drugs coming out of the pharmaceutical industry that officials have decided to start a billion-dollar government drug development center to help …

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Written by FrumForum News on Monday January 24, 2011

Doctors: Giffords "More Alert"

DOCS: GIFFORDS 'MORE ALERT' The AP reports : HOUSTON -- Rep. Gabrielle Giffords' chief physician says she is "even more alert today" and progressing nicely with therapy a day after arriving at Texas Medical Center in Houston to begin rehabilitation. In an exclusive interview with …

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Written by FrumForum News on Monday January 24, 2011

Cantor Backs $60Billion in Cuts Pledge

CANTOR BACKS $60B IN CUTS PLEDGE Politico reports : House Majority Leader Eric Cantor (R-Va.) on Sunday appeared to confirm that House Republicans would stretch out their pledge to cut $100 billion in spending over the 2011 and 2012 budgets. House Speaker John Boehner …

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Written by FrumForum News on Monday January 24, 2011

GOP Targets UN Funding

GOP Targets UN Funding The Hill reports : A key House Republican is quickly pressing forward with her goals to scale back U.S. funding for the United Nations.   Rep. Ileana Ros-Lehtinen (R-Fla.), chairwoman of the House Foreign Affairs Committee, told The Hill that oversight …

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Written by FrumForum News on Monday January 24, 2011

Gov. Christie Turned Down CPAC Invite

Gov. Christie Turned Down CPAC Invite The New Jersey Star Ledger reports : Christie, who called himself a “conservative” while juxtaposing himself against a “liberal” Obama in a speech on Wednesday, won’t be at the largest gathering of the nation’s conservatives in two months. …

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Written by FrumForum News on Sunday January 23, 2011

Documents from Middle East Peace Process Leaked

Documents from MidEast Peace Process Leaked The Guardian reports : The overwhelming impression that emerges from the confidential records of a decade of Middle East peace talks is of the weakness and desperation of Palestinian leaders, the unyielding correctness of Israeli …

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Written by FrumForum News on Sunday January 23, 2011

Obama Affirms Right to Abortion

Obama Affirms Right to Abortion The New York Times reports : President Obama reaffirmed his support for abortion rights on Saturday, the 38th anniversary of the Supreme Court decision in Roe v. Wade that established a woman’s right to an abortion. “I am committed to …

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Written by FrumForum News on Sunday January 23, 2011

Podhoretz: "Tiger Mom" is Just a Stereotype

Podhoretz: "Tiger Mom" is Just a Stereotype John Podhoretz writes : One virtue of the “Tiger Mother” controversy is that, after half a century, the Jewish mother may at last be supplanted in the national consciousness as the key ethnic neurosis-generation machine. Amy Chua, …

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Written by FrumForum News on Sunday January 23, 2011

Politicians Scramble on SOTU Seating Arrangements

Politicians Scramble on SOTU Seating Plans The New York Times reports : WASHINGTON — Mary from Louisiana asked Olympia from Maine because they are BFFs, but had a backup in Bob from Tennessee in case she was rebuffed. Kirsten from New York went the Sadie Hawkins route and …

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Written by FrumForum News on Sunday January 23, 2011

GOP Turns Attention to Anti-Abortion Laws

GOP Turns Attention to Anti-Abortion Laws The New York Times reports : Newly energized by their success in November’s midterm elections, conservative legislators in dozens of states are mounting aggressive campaigns to limit abortions. The lawmakers are drafting, and some …

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Written by FrumForum News on Sunday January 23, 2011

Olbermann and MSNBC Split in works for "Months"

Olbermann Split in works for "Months" The Washington Post reports : For all his skill as a broadcaster and his undisputed value to the network, the Olbermann quality that appeared suddenly most relevant was this: He can be difficult to work with. Iconoclastic and mercurial, …

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Written by FrumForum News on Sunday January 23, 2011

Romney Wins New Hampshire Straw Poll

Romney Wins New Hampshire Straw Poll Politico reports : DERRY, N.H. – Former Massachusetts Gov. Mitt Romney won the first presidential straw poll of the 2012 cycle, kicking off New Hampshire’s first-in-the-nation primary election race. Romney won with 35 percent, beating …

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Written by FrumForum News on Saturday January 22, 2011

SOTU Speech Will Call for More Spending

SOTU Speech Will Call for More Spending The Wall Street Journal reports : President Barack Obama will call for new government spending on infrastructure, education and research in his State of the Union address Tuesday, sharpening his response to Republicans in Congress who …

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Written by FrumForum News on Saturday January 22, 2011

Nuclear Talks With Iran Collapse

Nuclear Talks With Iran Collapse The New York Times reports : ISTANBUL — Two days of talks between Iran and six world powers ended in failure Saturday, with Iran refusing to engage here on any concrete proposals to build confidence that its nuclear program is only for peaceful …

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Written by FrumForum News on Saturday January 22, 2011

Thune Increases Presence in New Hampshire

Thune Increases Presence in New Hampshire The Argus Leader reports : WASHINGTON - One of Sen. John Thune's top fundraisers quietly has been making calls in New Hampshire on Thune's behalf, a further sign that the South Dakota Republican is nearing a decision on whether to run …

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Written by FrumForum News on Saturday January 22, 2011

Bin Laden Releases New Tape

Bin Laden Releases New Tape The Epoch Times reports : Osama bin Laden said in an audio recording on Friday that France should leave Afghanistan. Otherwise French hostages held captive in Niger will not survive, according to tapes first broadcast by Al-Jazeera television. The …

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Written by FrumForum News on Saturday January 22, 2011

Keith Olbermann Leaving MSNBC

Keith Olbermann Leaving MSNBC The AP reports : NEW YORK — Keith Olbermann is leaving MSNBC and has announced that Friday's "Countdown" show will be his last. MSNBC issued a statement Friday that it had ended its contract with the controversial host, with no further explanation. …

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Written by FrumForum News on Friday January 21, 2011

Tea Party Senators Unwilling To Join Caucus

Senators Won't Join Tea Party Caucus Politico reports : With less than a week to go before its first meeting, the new Senate Tea Party Caucus has just three members: GOP Sens. Rand Paul of Kentucky, Jim DeMint of South Carolina and Mike Lee of Utah. The three will headline the …

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Written by FrumForum News on Friday January 21, 2011