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Clinton
Flickr/marcn

Clinton Pick Wins Conservatives’ Approval

It’s not entirely clear whether this represents cause for encouragement or alarm, but there are some from the right and even far-right reaches of the U.S. political scene who applaud Barack Obama’s rumored choice of Hillary Clinton as his secretary of state.

Posted on Nov 22, 2008 READ MORE


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Geithner
Wikimedia Commons / federalreserve.gov

Stocks Rise as Geithner Becomes Treasury Front-Runner

Friday brought more news from purportedly reliable sources close to Barack Obama, this time suggesting that the president-elect was zeroing in on Timothy Geithner as his pick for treasury secretary and New Mexico Gov. Bill Richardson for commerce secretary.

Posted on Nov 21, 2008 READ MORE


Gitmo Flag
AP photo / Brennan Linsley

5 Guantanamo Detainees Ordered Freed

In yet another decision that chips away at the Bush administration’s withering theory of executive dominance, a federal judge ruled Thursday that the evidence presented against five Algerians—who have been in U.S. custody since 2001—was insufficient, freeing the detainees from the bowels of the prison at Guantanamo.

Posted on Nov 21, 2008 READ MORE


ENTER_ALT_TEXT
signonsandiego.com

U.S. Hegemony on the Outs

Maybe it was the past eight years, or maybe it was the past three months, but a new report by the U.S. intelligence community estimates that American global power is on the decline, and will be for the next two decades as upcoming powers like China and India gain greater international standing.

Posted on Nov 21, 2008 READ MORE


Iraq Protest Sadr
AP photo / Hadi Mizban

Thousands Protest U.S. Pact

Nothing says “go home” like 10,000 people yelling at you in a language you don’t quite understand. And nothing says “go home” with more irony than an effigy of your president hanging at the very spot where a statue of Saddam was famously toppled after the fall of Baghdad in 2003.

Posted on Nov 21, 2008 READ MORE


Hillary Clinton
Flickr/marcn

Report: Clinton Nomination Looking Likely

A source from within President-elect Barack Obama’s transition team said Thursday that Obama is “on track” to tap Hillary Clinton as his secretary of state after Thanksgiving, according to the Associated Press.

Posted on Nov 20, 2008 READ MORE



Flickr / Center for American Progress Action Fund

Dems Dump Detroit’s Man on the Hill

House Democrats are serious about going green. To prove it, they just ousted auto hawk John Dingell from his perch as chairman of the House Energy and Commerce Committee. Rep. Henry Waxman, a California liberal and occasional Dingell foe, supplied the boot.

Posted on Nov 20, 2008 READ MORE



minnesota.publicradio.org

Fun With Ballots

Minnesota’s ballot showdown is underway as Al Franken and Norm Coleman’s contest for the U.S. Senate comes down to a recount and voter intent. Minnesota Public Radio has decided not to let the campaigns have all the fun of chucking (or un-chucking) ballots. Now you can, too!

Posted on Nov 20, 2008 READ MORE


Fannie Mae
foreclosurewearhouse.com

Fannie, Freddie to Give Foreclosures a Holiday

Starting on Nov. 26, mortgage finance mega-firms Fannie Mae and Freddie Mac will take a time out from foreclosures and evictions until Jan. 9—a welcome holiday break for struggling homeowners that hopefully will catch on among other corporate players in the mortgage market.

Posted on Nov 20, 2008 READ MORE



finance.google.com

Dow-nward Spiral

In a little over two weeks, the Dow has tumbled more than 2,000 points as bad economic news continues to pile up. Word on Thursday that jobless claims hit a 16-year high, combined with a dreary outlook for Detroit and a lack of confidence in major financial institutions, helped drive the DJIA down to 7,552.29.

Posted on Nov 20, 2008 READ MORE


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