Entries

Cops Look for DNA Evidence in Strauss-Kahn Case

The New York Times reports : Dominique Strauss-Kahn, the leader of the International Monetary Fund, spent most of Sunday at the Manhattan Special Victims Unit in East Harlem as prosecutors sought additional evidence, including possible DNA evidence on his skin or beneath his fingernails…

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Written by FrumForum News on Monday May 16, 2011

IMF Arrest Causes Euro's 7-Week Low

Reuters reports The euro fell to a seven-week low against the dollar and a two-month trough against the yen on Monday and is seen testing pivotal support areas after IMF chief Dominique Strauss-Kahn was charged with attempted rape on the weekend, increasing uncertainty on aid for Greece and …

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Written by FrumForum News on Monday May 16, 2011

Newt's Businesses Owed Taxes

The Huffington Post reports ATLANTA -- Companies run by Republican presidential candidate Newt Gingrich have faced overdue tax bills in four states worth more than $6,000, according to records reviewed by The Associated Press. The tax liens, which generally allow governments to seize …

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Written by FrumForum News on Monday May 16, 2011

York: Cain's Rise in Popularity

Byron York writes STOCKBRIDGE, Ga. - Herman Cain's handsome glass-walled office overlooks the first fairway of the Eagle's Landing Country Club in this exurb of Atlanta, about 20 miles south of Hartsfield Airport. It is here that the 65-year-old Cain planned to spend what he calls his …

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Written by FrumForum News on Monday May 16, 2011

Obama to Meet With Flood Victims

CNN reports President Barack Obama is scheduled to travel to Memphis, Tennessee, Monday to meet with families displaced by the historic flooding of the Mississippi River, as well as state and local officials, emergency responders and volunteers. The president's planned visit, just 17 …

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Written by FrumForum News on Monday May 16, 2011

Strauss-Kahn Identified in Lineup

The AP reports : Dominique Strauss-Kahn's reputation with women earned him the nickname "the great seducer," and not even an affair with a subordinate could knock the International Monetary Fund leader off a political path pointed in the direction of the French presidency. All that changed …

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Written by FrumForum News on Monday May 16, 2011

IMF Head's Arrest May Stall Europe's Debt Talks

The Wall Street Journal reports : The arrest of Dominique Strauss-Kahn, head of the International Monetary Fund, on attempted rape charges complicates European debt bailout negotiations and raises questions about who will eventually get the top job at the fund. Guilty or not, former and …

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Written by FrumForum News on Monday May 16, 2011

Strauss-Kahn's Lawyer Denies Rape Charges

CBS News reports : Dominique Strauss-Kahn's reputation with women earned him the nickname "the great seducer," and not even an affair with a subordinate could knock the International Monetary Fund leader off a political path pointed in the direction of the French presidency. All that …

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Written by FrumForum News on Monday May 16, 2011

Gates: Obama Made 'Gutsy' Call

On CBS News' 60 Minutes , outgoing Defense Secretary Robert Gates praised President Obama's decision to raid Osama Bin Laden's compound in Pakistan.

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Written by FrumForum News on Monday May 16, 2011

Ryan: Senate Decision This Week

The Hill reports : Rep. Paul Ryan (R-Wis.) will announce sometime this week whether he plans to run to fill the seat of retiring Sen. Herb Kohl (D-Wis.). The House Budget Committee chairman's name was quickly passed around as a potential candidate when Kohl announced his retirement …

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Written by FrumForum News on Monday May 16, 2011

Boehner: Debt Ceiling Must Rise

The Hill reports : Speaker John Boehner (R-Ohio) said he’s “ready to cut a deal today” to raise the debt ceiling. “I think it is necessary, but I understand the doubts, ” Boehner said on “Face the Nation.” “They’ve pushed the date back, pushed the date back, pushed the date back. But …

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Written by FrumForum News on Monday May 16, 2011

No Deal in Sight as Debt Deadline Nears

As the U.S. hits its debt limit, it's time for Republicans to take the matter seriously. They can start by putting revenue expenditures on the negotiating table. The debt limit that the United States hit yesterday isn't a big deal yet but, by any reasonable accounting, it could be pretty soon. If …

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Written by Eli Lehrer on Sunday May 15, 2011

Sex Assault Charge Shocks France's Socialists

IMF head Dominique Strauss-Kahn’s arrest for sexual assault pretty much puts an end to his candidacy for 2012 and has thrown the Socialist party into turmoil. IMF head Dominique Strauss-Kahn’s arrest for sexual assault pretty much puts an end to his candidacy for 2012, and possibly to his career …

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Written by Jean Granville on Sunday May 15, 2011

Is Boehner Ready for the Budget Backlash?

Republicans may have signed up for the fight of a generation, without understanding how much is at stake - or how fierce the resistance is likely to be. Here's another bit from Speaker Boehner's Thursday speech to the Economic Club of New York that commands some attention: There's another …

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Written by David Frum on Sunday May 15, 2011

IMF Appoints Interim Director

The New York Times reports : Hours after its chief, Dominique Strauss-Kahn , was arrested in connection with the alleged sexual attack of a maid at a Midtown Manhattan hotel, the International Monetary Fund on Sunday named John Lipsky as acting managing director. Mr. Lipsky, the …

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Written by FrumForum News on Sunday May 15, 2011

Sarkozy Benefits from IMF Sex Scandal

The Wall Street Journal reports : PARIS—Sexual-assault charges leveled earlier Sunday against Dominique Strauss-Kahn are likely to force the International Monetary Fund chief out of next year's French presidential race, a contest in which he was considered a top contender, …

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Written by FrumForum News on Sunday May 15, 2011

Debt Default Means New Recession

Tim Geithner has taken heat for suggesting that a debt default could lead to a double dip recession, but unfortunately he's absolutely right. There's no doubt that Tim Geithner is right to say that a debt default would result in a double dip recession. If anything, Geithner understates the case: a …

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Written by Eli Lehrer on Sunday May 15, 2011

IMF Head Arrested For Sexual Assault of Maid

The New York Times reports : The managing director of the International Monetary Fund , Dominique Strauss-Kahn , was taken off an Air France plane at Kennedy International Airport minutes before it was to take off for Paris on Saturday and arrested in connection with the sexual …

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Written by FrumForum News on Sunday May 15, 2011

Newt's Daughter Says Divorce Story is False

Politico reports : Jackie Gingrich Cushman wants to set the record straight: Her dad didn't press her mom for a divorce while she was in the hospital. Cushman, Gingrich's daughter from his first marriage, writes that her parents discussed splitting up long before the infamous 1980 …

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Written by FrumForum News on Sunday May 15, 2011

Pakistan, India Exchange Fire

Reuters reports : Indian and Pakistani troops exchanged sustained cross-border fire on Sunday, security officials said, a day after an Indian soldier was killed by Pakistani troops while patrolling one of the world's most heavily guarded borders. The two sides exchanged small arms fire for …

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Written by FrumForum News on Sunday May 15, 2011