Entries

U.S. Sues Traders For Oil Price Fixing

Reuters reports Regulators launched one of the biggest ever crackdowns on oil price manipulation on Tuesday, suing two well-known traders and two trading firms owned by Norwegian billionaire John Fredriksen for allegedly making $50 million by squeezing markets in 2008. The Commodity …

Read more

Written by FrumForum News on Wednesday May 25, 2011

Medicare Fix Must Include Means-Testing

Anyone who is honestly contemplating Medicare's future must admit that controlling costs means some level of means-testing. The Democrats may have picked up a seat in New York by running against Paul Ryan's Medicare reform proposals. Anyone who is honestly contemplating Medicare's future though …

Read more

Written by Stanley Goldfarb on Wednesday May 25, 2011

Dem Wins in NY-26

Politico reports : Democrat Kathy Hochul defeated Republican Jane Corwin in a western New York special election that emerged as a political testing ground for the ambitious GOP blueprint to reform Medicare. Fueled by a late wave of commercials blasting Corwin over her support for the …

Read more

Written by FrumForum News on Tuesday May 24, 2011

Snowe to Vote 'No' on Ryan Budget

The Hill reports : Centrist Sen. Olympia Snowe (R-Maine) said Tuesday that she will vote against Rep. Paul Ryan's (R-Wis.) budget when it comes up for a vote in the Senate. Snowe, who is up for reelection in 2012, praised Ryan for proposing a budget but said that she disagrees with the …

Read more

Written by FrumForum News on Tuesday May 24, 2011

1,500 Missing After Joplin Tornado

The New York Times reports : About 1, 500 people are unaccounted for in this battered city, a Fire Department official said Tuesday, as rescue workers took advantage of a few hours of sunny weather to continue searching for survivors in buildings leveled by the country’s deadliest …

Read more

Written by FrumForum News on Tuesday May 24, 2011

Issa Attacks WH On Gas Prices

The Daily Caller reports : Rep. Darrell Issa of California, chairman of the House Oversight Committee, has found another target in the  span style="color: green;"> Obama industry

Read more

Written by FrumForum News on Tuesday May 24, 2011

GOP's Clean Debt Vote Won't Fool the Dems

If the GOP continues to substitute theatrics for substantive spending proposals the Dems will end up getting the debt ceiling increase and a lot of political capital. The House proposal for a "clean" debt vote is pure political theater. Given the way the House works, leadership almost never …

Read more

Written by Eli Lehrer on Tuesday May 24, 2011

Daniels Not Ruling Out VP Bid

CNN.com reports : (CNN) – A close adviser to Mitch Daniels promised Monday that the Indiana governor would "continue to be part of the conversation" during the presidential race, but he offered scant details when asked if he plans to endorse a candidate or recruit a new face into the …

Read more

Written by FrumForum News on Tuesday May 24, 2011

Texans Would Not Support Perry

CNN reports : According to the latest University of Texas/Texas Tribune poll , only four percent of Texas Republicans would support Republican Gov. Rick Perry in a bid for the White House. Former Alaska Gov. Sarah Palin leads the pack of registered voters who expect to vote in the Lone …

Read more

Written by FrumForum News on Tuesday May 24, 2011

Warren Considers Mass Senate Bid

CNN.com reports : (CNN) - Elizabeth Warren, who is the acting head of the Consumer Financial Protection Bureau, is considering a Senate run in Massachusetts against incumbent Republican Sen. Scott Brown. Officials within the Democratic Party are urging the Massachusetts native and …

Read more

Written by FrumForum News on Tuesday May 24, 2011

Chrysler Repays Government Loans

The Hill reports : One of the Detroit car companies bailed out in 2008 by the U.S. said Tuesday it had repaid $6.7 billion in loans to the federal government and Canada, plus interest. Chrysler said it was paying both the initial money the government put up in the controversial auto …

Read more

Written by FrumForum News on Tuesday May 24, 2011

Palin Aide Rips Rivals on Twitter

The Daily Caller reports : A series of messages forwarded to The Daily Caller show a top aide to former Alaska Gov. and possible presidential candidate Sarah Palin mocking top political figures and even her boss’s own daughter, Bristol Palin. Red State Editor-in-Chief and CNN contribut…

Read more

Written by FrumForum News on Tuesday May 24, 2011

Iran Continues Developing Nuclear Weapons

Politico reports : The agency that monitors nuclear energy around the world says it has been given new evidence that Iran is working to develop nuclear weapons. Just as Israeli Prime Minister Benjamin Netanyahu delivered a speech to a joint session of Congress on Tuesday warning about …

Read more

Written by FrumForum News on Tuesday May 24, 2011

Rand Paul Skips Netanyahu's Speech

Politico reports : As Israeli Prime Minister Benjamin Netanyahu received a warm welcome from a joint session of Congress on Tuesday, freshman Sen. Rand Paul (R-Ky.) skipped out on the speech, staging what appeared to be a silent protest of America’s foreign aid to Israel. As senators …

Read more

Written by FrumForum News on Tuesday May 24, 2011

House GOP to Vote on 'Clean' Debt Bill

The Hill reports : House Republicans will hold a vote next week on a "clean" bill to raise the debt limit, without corresponding spending cuts, GOP aides said. The vote is aimed at demonstrating that such a measure cannot pass the House, increasing pressure on President Obama and Senate …

Read more

Written by FrumForum News on Tuesday May 24, 2011

Bibi on Bin Laden: 'Good Riddance'

The New York Times reports : Prime Minister Benjamin Netanyahu today capped off a turbulent visit to Washington with a speech to a more sympathetic audience in Congress than he found at the White House, emphasizing the close ties between allies and urging the spread of democracy while …

Read more

Written by FrumForum News on Tuesday May 24, 2011

Ash Cloud Causes Flt Cancellations

Guardian reports : Thousands of air passengers face delays and cancellations as another volcanic ash cloud threatens travel chaos for those flying to and from Scotland, despite hopes there would not be a repeat of last year's mass groundings across Europe. Although airports remained …

Read more

Written by FrumForum News on Tuesday May 24, 2011

Mubarak to be Tried for Deaths of Protesters

BBC News reports : Egypt's ousted President Hosni Mubarak and his two sons are to be tried over the deaths of anti-government protesters, judicial officials say. Mr Mubarak, who was ousted in February, is being detained at a hospital in the Red Sea resort of Sharm el-Sheikh. He and …

Read more

Written by FrumForum News on Tuesday May 24, 2011

You Read It First at FrumForum

The Washington Post fact-checks the story about Newt's Tiffany's account and finds it lacking. F F readers though knew it didn't bling true. WaPo fact-checks the story about Newt Gingrich's Tiffany credit card account today and finds it lacking . Or you could have read it on Frum Forum …

Read more

Written by David Frum on Tuesday May 24, 2011

Israel's Borders: The Wrong Fight for Obama

Veteran US Middle East negotiator Aaron David Miller gives his verdict on Obama's proposal on 1967 border lines: It was "dumb." Veteran US Middle East negotiator Aaron David Miller on Obama's Middle East speech. It was " dumb ." To pick a fight with the Israelis on the eve of the visit of an …

Read more

Written by David Frum on Tuesday May 24, 2011