Lawmakers, aides seek Obamacare exemption
Congressional leaders in both parties are engaged in high-level, confidential talks about exempting lawmakers and Capitol Hill aides from the insurance exchanges they are mandated to join as part of President Barack Obama’s health care overhaul, sources in both parties said.
The talks — which involve Senate Majority Leader Harry Reid (D-Nev.), House Speaker John Boehner (R-Ohio), the Obama administration and other top lawmakers — are extraordinarily [...]
Congressional leaders in both parties are engaged in high-level, confidential talks about exempting lawmakers and Capitol Hill aides from the insurance exchanges they are mandated to join as part of President Barack Obama’s health care overhaul, sources in both parties said.
The talks — which involve Senate Majority Leader Harry Reid (D-Nev.), House Speaker John Boehner (R-Ohio), the Obama administration and other top lawmakers — are extraordinarily sensitive, with both sides [...]
Italian magistrates investigating losses at Banca Monte dei Paschi say the mushrooming scandal has taken a dramatic turn, with political fallout that threatens to rock the country’s elections next month and upset eurozone plans for a banking union.
Read more:
http://www.telegraph.co.uk/…/Italy-risks-political-crisis-as-MPS-bank-scandal-turns-explosive.html
From FT:
The US Federal Reserve was always going to catch a few political bullets if it launchedan aggressive new easing only eight weeks before a presidential election.
…
Faber: If I Were Bernanke, I Would Resign
Central bankers are “counterfeit money printers” and Federal Reserve Chairman Ben Bernanke should resign for messing up the U.S. economy so badly, Marc Faber, author of the Gloom, Doom and Boom, told CNBC on Friday.
He said Bernanke was one of [...]
jsmineset.com
July 6, 2012, at 6:06 pm
by Jim Sinclair in the category General Editorial | Print This Post | Email This Post
My Dear Extended Family,
Next week is the war between manipulation of gold by the West, and appetite for buying gold in the East, both from friendlies and enemies. Anyone that does not see today’s gold market as a rig is blind or brain dead. There is a full blown crisis in Western world banking today, right here [...]
Washington (CNN) – Karen Harned has been going to the Supreme Court every day it has met since June 11 so there would be no chance she would miss the health care law ruling.
Harned is director of the small business legal center of the National Federation of Independent Business, one of the plaintiffs in the lawsuit that seeks to strike down the law. She and her group have worked through all [...]
Gallup is out with a new poll suggesting a whopping 40 percent of Americans say President Obama’s newly public support of gay marriage will affect their votes.
Of those, 26 percent say it will make them less likely to vote for Obama, while 13 percent say it will make them more likely to vote for him.
The critical number in the poll, though is for independents – 23 percent of whom said [...]
WASHINGTON (AP) — President Barack Obama’s election-year vagueness on gay marriage is coming under fresh scrutiny.
Education Secretary Arne Duncan broke ranks with the White House on Monday, stating his unequivocal support for same-sex marriage one day after Vice President Joe Biden suggested that he supported gay marriage as well.
Obama aides worked to manage any political fallout. They said the back-to-back remarks by two top administration officials represented personal viewpoints and [...]
In 2009, the deputy chief of mission of the U.S. embassy in Baku, Donald Lu, sent a cable to the State Department’s headquarters in Foggy Bottom titled “Azerbaijan’s discreet symbiosis with Israel.” The memo, later released by WikiLeaks, quotes Azerbaijan’s President Ilham Aliyev as describing his country’s relationship with the Jewish state as an iceberg: “nine-tenths of it is below the surface.”
Why does it matter? Because Azerbaijan is strategically located on Iran’s [...]
From FT:
Asian and Middle Eastern central banks and sovereign wealth funds are increasingly anxious about the safety of their investments in the debt of Fannie Mae and Freddie Mac , despite the assurances of US government officials.
Spooked by US political wrangling, major investors including the National Pension Service of Korea and the Kuwait Investment Authority have sold out of their holdings of the debt of the [...]
An elite Obama fundraiser hired to help oversee the administration’s energy loan program pushed and prodded career Department of Energy officials to move faster in approving a loan guarantee for Solyndra, even as his wife’s law firm was representing the California solar company, according to internal emails made public late Friday.
“How hard is this? What is he waiting for?” wrote Steven J. Spinner, a high-tech [...]
LONDON (AP) — A senior London police officers says it is possible that U.K. authorities will use plastic bullets to quell rioting.
Deputy Assistant Commissioner Stephen Kavanagh said Tuesday such bullets are “one of tactics” being considered. Plastic bullets have never been used before during British disturbances.
THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP’s earlier story is below.
LONDON (AP) — British [...]
1) ECB Said to Buy Bonds of Italy, Spain to Cap Gain in Yields
“The European Central Bank bought Italian and Spanish government bonds amid concern their rising bond yields may force the two countries to seek bailouts, according to six people with knowledge of the transactions.
The ECB isn’t buying Irish or Portuguese bonds, said one of the people, who asked not to be identified because the [...]
They report the Irish Prime minister is refusing to resign amidst calls for him to resign, even though part of the coalition has already called for a General election in January. They interviewed some Irish citizens, who were saying how they felt about economic developments and in it soaring unemployment many Irish young people were talking of emigrating to find work, something that’s about to [...]
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