Lots going on today. Here are a few headlines for your consideration …
China removed as top priority for spies
The decision downgrades China from “Priority 1” status, alongside Iran and North Korea, to “Priority 2,” which covers specific events such as the humanitarian crisis after the Haitian earthquake …
Obama Cuts Deal that Will Reduce Social Security, Medicare and all Entitlements
“While the Massachusetts voters were casting their ballots to install the upstart Republican Scott Brown to Ted Kennedy’s Senate seat, President Obama was hammering out an agreement with Democratic leaders to support a plan to issue an executive order to cut entitlements, including Social Security, Medicare and Medicaid.”
SCOTUS rolls back McCain-Feingold
Writing for the court’s five conservatives, Justice Anthony Kennedy ruled that a central provision of the 2002 McCain-Feingold campaign finance act violated the First Amendment by restricting corporations from funding political messages in the run-up to elections.
Pelosi: House lacks votes to pass the Senate version of Obamacare
Pelosi threw cold water on the idea that the House could muster enough support to pass the Senate’s health bill, which includes a number of provisions liberals in the House find distasteful.
Obama looks to limit bank size, seeks new regulation
President Barack Obama, eager to harness and redirect voter anger over bank bailouts, is ramping up his war on Wall Street Thursday by pushing tougher regulation of big banks.
Is the market on the brink of a major correction?
Analysis from CNBC
And, finishing up with a nice opinion piece, “Rethinking Bush”
Why Didn’t the President Fight Back Against the MSM?
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Filed under: News and politics | Tagged: bush, China, market correction, mccain feingold struck down, new bank regulations, News and politics, obamacare, pelosi | Comments Off on Busy news day
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