Overview for The Feed

TARP Makes a $12 Billion Profit

TARP Makes a $12 Billion Profit The LA Times reports : Taxpayers earned a $12-billion profit on the U.S. Treasury's $45-billion bailout of Citigroup Inc., the government reported as it sold the last of its stock in the banking giant. The Treasury said late Monday that it …

Written by FrumForum News on Wednesday December 8, 2010

Liz Cheney: Repeal DADT

Liz Cheney: Repeal DADT Think Progress reports : As Congress prepares to hold a vote on the National Defense Authorization Act (NDAA), Liz Cheney — who had come out in favor of repealing Don’t Ask, Don’t Tell earlier this year — reiterated the need to lift the ban during a …

Written by FrumForum News on Wednesday December 8, 2010

York: Dems Dug their Own Grave on Tax Cuts

York: Dems Dug their Own Grave on Tax Cuts Byron York writes : You may remember that during the health care debate, when Democrats, having lost their 60th vote in the Senate with the election of Massachusetts Republican Scott Brown, decided to put the final touches on national health …

Written by FrumForum News on Wednesday December 8, 2010

Why is Olbermann Linking to an Anti-Semite?

Why is Olbermann Linking to an Anti-Semite? Michael C. Moynihan reports : Here’s how an evidence-free, innuendo-filled personal attack on a rape accuser trespasses the mainstream political debate. On his Twitter feed, MSNBC host Keith Olbermann (162,000 followers) links to a …

Written by FrumForum News on Wednesday December 8, 2010

Reid Pushes for Online Poker

Reid Pushes for Online Poker Politico reports : Senate Majority Leader Harry Reid is trying to use the tax cut package President Barack Obama brokered with Republicans to legalize online poker, POLITICO has learned — a move that could further complicate the deal Obama announced …

Written by FrumForum News on Wednesday December 8, 2010

Chamber of Commerce Faces Local Revolts

Chamber of Commerce Faces Local Revolts Politico reports : The strong> U.S. Chamber of Commerce Republican House 2010

Written by FrumForum News on Wednesday December 8, 2010

Egypt Blames Shark Attack on Israel

Egypt Blames Shark Attack on Israel The Jerusalem Post reports : Egyptian officials say they have not ruled out the possibility that a fatal shark attack in Sinai on Sunday could have been a plot by the Mossad. “What is being said about the Mossad throwing the deadly shark [in …

Written by FrumForum News on Wednesday December 8, 2010

Elizabeth Edwards Dead at 61

Elizabeth Edwards Dead at 61 Station WRAL in North Carolina reports: Elizabeth Edwards, the political wife whose public battle with breast cancer, coping with marital infidelity and continued advocacy for the downtrodden raised her profile above that of her husband, died Tuesday. …

Written by FrumForum News on Tuesday December 7, 2010

Pelosi: Dem Caucus Not Sold on Tax Deal

Pelosi: Caucus Not Sold on Tax Deal The Hill reports: House Speaker Nancy Pelosi (D-Calif.) escalated the Democratic criticism of the tax cut deal President Obama struck with Republicans and singled out the GOP-favored estate tax proposal as “a bridge too far.” Pelosi, …

Written by FrumForum News on Tuesday December 7, 2010

Obama: Tax Plan a 'Good Deal for the American People'

Obama: Tax Plan a 'Good Deal for the American People' The AP reports: With fellow Democrats balking, President Barack Obama declared Tuesday that a compromise with Republicans on tax cuts was necessary to help the economy and protect recession-weary Americans. He passionately …

Written by FrumForum News on Tuesday December 7, 2010

U.S. Drops Settlement Freeze Demand

U.S. Drops Call For Settlement Freeze The Daily Telegraph reports: Signalling an end to the brief flirtation with the Palestinian cause, the US secretary of state flew to Jerusalem to voice full American support for Israel and its prime minister, Benjamin Netanyahu. In an effort …

Written by FrumForum News on Tuesday December 7, 2010

Avlon on Tax Talks: Obama Got Rolled

Avlon on Tax Talks: Obama Got Rolled John Avlon writes in the Daily Beast: The Conciliator-in-Chief announced a “framework for a bipartisan agreement” on taxes at a hastily assembled White House press conference on Monday night. There were no party leaders to flank him and no signs …

Written by FrumForum News on Tuesday December 7, 2010

Bloomberg Praises Tax Cut Deal

Bloomberg Praises Tax Cut Deal Politico reports : Mike Bloomberg, who has made criticism of Washington partisanship a calling card, praises the tax deal: I was very pleased to see the President and the Congress come together. It is exactly- number one, it’s exactly that kind of …

Written by FrumForum News on Tuesday December 7, 2010

Ezra Klein: The Tax Deal Has Merit

Ezra Klein: The Tax Deal Has Merit Ezra Klein writes : The White House and the Republicans are pretty close to a final deal on the Bush tax cuts. Here are the specifics, though it's worth saying that as near as this is to completion, it's still not done, and so it could change: …

Written by FrumForum News on Tuesday December 7, 2010

Olson: Prop 8 Supporters Lack "Rational Basis"

Olson: Prop 8 Supporters Lack "Rational Basis" Keen News Service reports : SAN FRANCISCO—Famed attorney Ted Olson told a 9th Circuit U.S. Court of Appeals panel Monday that the reason proponents of Proposition 8 have proffered to justify their ban on same-sex marriage is “nonsense.” …

Written by FrumForum News on Tuesday December 7, 2010

Waters: Investigate the Ethics Committee

Waters Want to Investigate Ethics Committee The Hill reports : Rep. Maxine Waters plans to bring a privileged resolution to the floor that calls for an independent investigation of the House ethics committee. Waters (D-Calif.) has accused the ethics panel of strong> having a …

Written by FrumForum News on Tuesday December 7, 2010

Gov to Make Profit on Selling Shares of Citigroup

Gov to Make Profit on Selling Shares of Citigroup Real Clear Politics reports : The government said Monday that it will sell its remaining shares of Citigroup common stock and expects to turn a profit on its $45 billion bailout of the giant bank. The Treasury Department said …

Written by FrumForum News on Tuesday December 7, 2010

US Lags Behind China in Student Scores

US Lags Behind China in Student Test Scores The New York Times reports : With China’s debut in international standardized testing, students in Shanghai have surprised experts by outscoring their counterparts in dozens of other countries, in reading as well as in math and …

Written by FrumForum News on Tuesday December 7, 2010

Jeb Bush Opposes Arizona Immigration Law

Jeb Opposes AZ Immigration Law The Denver Post reports : Former Florida Gov. Jeb Bush said if his children walked the streets of Phoenix they might look awfully suspicious to police. His wife, Columba, is from Mexico. Harvard professor Robert Putnam told the same crowd of city …

Written by FrumForum News on Tuesday December 7, 2010

Assange Arrested on Rape Charges

Assange Arrested on Rape Charges ABC News reports: British police have arrested Wikileaks' founder Julian Assange on four charges related to a Swedish sex crimes investigation today. Assange has drawn the ire of the United States and some in the international community after the …

Written by FrumForum News on Tuesday December 7, 2010