Overview for The Feed

Moody's Fires Warning on U.S. Credit Rating

ABC News reports : In a release this afternoon, the Moody’s ratings agency said it would put the U.S. credit rating under review if Congress and the Obama administration don’t make progress on increasing the debt limit. Treasury is currently posting a U.S. total debt at $14,344,668,281,211…

Written by FrumForum News on Thursday June 2, 2011

FLOTUS Unveils New Food Chart

CNN reports : The food pyramid has been dismantled in favor of a simple plate icon that urges Americans to eat a more plant-based diet. One half of your plate should be filled with fruits and vegetables, with whole grains and lean protein on the other half, according to the U.S. …

Written by FrumForum News on Thursday June 2, 2011

House GOP Plans Friday Libya Vote

Politico reports : House GOP leaders have scheduled a vote on Friday on U.S. participation in the NATO-led effort to topple Muammar Qadhafi, but what lawmakers will be voting on is still unclear. Top House Republicans are drafting an alternative proposal to a resolution by Rep. …

Written by FrumForum News on Thursday June 2, 2011

Hoyer: No Real Progress on Debt Limit Deal

The Hill reports : No real progress has been made in the discussions on a debt-ceiling compromise, House Minority Whip Steny Hoyer said Thursday. "I'm not optimistic from the standpoint there's really been no substantive progress made yet," Hoyer said in an interview with CNBC. Other …

Written by FrumForum News on Thursday June 2, 2011

Romney Announces 2012 Prez Bid

The Washington Post reports : Former Massachusetts governor Mitt Romney launched his second presidential campaign here on Thursday, officially joining a presidential field in which he is the nominal frontrunner. In a speech declaring his candidacy, Romney delivered a broadside …

Written by FrumForum News on Thursday June 2, 2011

Palin: Romney Has 'Challenge' Winning Over Tea Party

Politico reports : Standing at Bunker Hill, Sarah Palin fired a warning shot at Mitt Romney. Appealing to tea party will be “a big challenge for him, ” Palin said Thursday. “Tea party activists are pretty strident in a good way,” Palin said, explaining that they will want “to make …

Written by FrumForum News on Thursday June 2, 2011

Beck Leaving Fox News June 30th

Mediaite reports : Mediaite has learned that Glenn Beck’s last day on Fox News is currently scheduled to be June 30th. Fox News has confirmed this information to Mediaite. In the past month, ratings for Beck’s ratings saw a double digit decline ; his 5PM show was down 15% in P2+ and …

Written by FrumForum News on Thursday June 2, 2011

FBI Investigates GMail Hack

Reuters reports : Google Inc's (GOOG.O) allegations that hackers, probably from China, sought to access the Gmail accounts of senior U.S. officials are very serious and the U.S. government is investigating them, U.S. Secretary of State Hillary Clinton said on Thursday. "We are obviously …

Written by FrumForum News on Thursday June 2, 2011

Bin Laden's Secret Courier Revealed

The AP reports : The courier who led U.S. intelligence to Osama bin Laden's hideout in Pakistan hailed from the Swat Valley, a one-time stronghold of militant Taliban fighters, Pakistani officials said on Wednesday. The officials identified the courier as Ibrahim Saeed Ahmed. He and his …

Written by FrumForum News on Thursday June 2, 2011

WH Counsel Bauer Resigns

The AP reports : President Barack Obama's top lawyer at the White House is resigning to return to private practice and represent Obama as his personal attorney and as general counsel to Obama's re-election campaign. Bob Bauer will be replaced by his top deputy, Kathy Ruemmler, a former …

Written by FrumForum News on Thursday June 2, 2011

Jobless Claims Drop, But Still High

Bloomberg reports : More Americans than forecast filed applications for unemployment benefits last week, signaling the labor market is struggling to pick up. Jobless claims fell by 6, 000 to 422,000 in the week ended May 28, Labor Department figures showed today in Washington. Economists …

Written by FrumForum News on Thursday June 2, 2011

Paul Fears "Dictatorship" In DC

The Hill reports : GOP Presidential candidate Rep. Ron Paul (R-Texas) on Tuesday warned of too much "dictatorship in Washington D.C." while on a campaign stop in Mason City, Iowa. "We're not on the verge of having a king, but we are on the verge of having way too much dictatorship in …

Written by FrumForum News on Thursday June 2, 2011

Cantor To Weiner: Come Clean

The Hill reports : House Majority Leader Eric Cantor (R-Va.) on Thursday pressured Rep. Anthony Weiner (D-N.Y.) to "come clean" about his Twitter controversy. Cantor said Weiner has a responsibility to his wife and constituents to get the facts straight. "My advice would be to come …

Written by FrumForum News on Thursday June 2, 2011

NYC D.A. Subpoenas Goldman

Bloomberg reports : Goldman Sachs Group Inc. (GS) , the fifth- biggest U.S. bank by assets, received a subpoena from the Manhattan District Attorney’s office seeking information on the firm’s activities leading into the credit crisis, according to two people familiar with the matter. …

Written by FrumForum News on Thursday June 2, 2011

U.S. to Boycott UN's Durban III Conference

Bloomberg reports : The U.S. has announced it won’t attend the 10-year commemoration of a global UN conference on combating racism because past meetings have included “ugly displays of intolerance and anti-Semitism.” The Obama administration made the announcement in a letter from Acting …

Written by FrumForum News on Thursday June 2, 2011

Trump: Weiner is 'Lying'

CNN reports : Donald Trump weighed in on "Weinergate" Wednesday, saying New York Rep. Anthony Weiner is either “incompetent” or “lying.” “He obviously knows it’s him and the way he’s handled it is either lying or incompetent, ” Trump said on CNN’s “Piers Morgan Tonight.” “It was him …

Written by FrumForum News on Thursday June 2, 2011

Geithner to Meet GOP Freshmen

Politico reports : The Obama administration is wading into enemy territory Thursday as Treasury Secretary Timothy Geithner heads to the Hill to address the GOP House freshmen — the driving force behind Republican opposition to a straight debt limit increase. Geithner’s appearance is …

Written by FrumForum News on Thursday June 2, 2011

Romney Launch Speech: Obama 'Has Failed America'

The Hill reports : President Obama "has failed America," former Massachusetts Gov. Mitt Romney (R) will say in a Thursday speech in New Hampshire launching his presidential campaign. Romney's speech to formally declare that he'll again seek the presidency will be heavy on economic …

Written by FrumForum News on Thursday June 2, 2011

Boehner Calls for Debt Deal in June

The Hill reports : House Speaker John Boehner (R-Ohio) said Wednesday that he wants to strike a deal on the nation’s debt limit over the next month. Boehner’s comments could change the timetable for a bipartisan agreement, which many lawmakers and Wall Street analysts had previously …

Written by FrumForum News on Thursday June 2, 2011

U.S., Pakistan Form Anti-Terror Squad

The AP reports : Bruised from their latest diplomatic clash, the U.S. and Pakistan are trying to bandage their relationship by forging a new joint intelligence team to go after top terrorism suspects, officials say. The move comes after Secretary of State Hillary Rodham Clinton presented …

Written by FrumForum News on Thursday June 2, 2011