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Best Buy stock plunges

CNN Money, by Aaron Smith Original Article

Posted By: NorthernDog- 10/25/2012 2:16:48 PM Post Reply

NEW YORK -- Best Buy's stock plummeted, one day after the retailer unveiled a management shakeup and reduced its profit expectations for the third quarter. Best Buy's (BBY, Fortune 500)stock dropped 10% in Thursday afternoon trading. The company, which operates 1,400 stores selling electronics goods, warned Wednesday that it expects profits to drop by at least 10% in the third quarter, compared to last year. Best Buy also expects sales to decline at a similar pace to what it has experienced earlier this year. Its sales fell 5.3% in the first quarter and 3.2% in the second quarter.

Former Obama adviser says US back
where it was '3 or 4 years ago'
with Mideast, Iran

Fox News, by Staff Original Article

Posted By: JoniTx- 10/25/2012 2:13:24 PM Post Reply

Shortly after President Obama claimed the U.S. has made significant progress in isolating Iran, his former national security adviser suggested the administration is actually back to the drawing board with the entire region. Retired Gen. James Jones, who served as the president's first security adviser, discussed the changing Middle East in an interview with PBS' Charlie Rose Tuesday night. He talked about coming into office and addressing those actors who historically were "causing us difficulties," and claimed "in some cases we made some progress." (Snip) "On the other hand," he continued, "with the Middle East and Iran,
Headline resplit by staff.

Obama makes phone call to Colin
Powell for endorsement thanks

Yahoo! News, by Chris Moody Original Article

Posted By: NorthernDog- 10/25/2012 2:13:09 PM Post Reply

RICHMOND, Va. -- President Barack Obama phoned Colin Powell Thursday to thank him for endorsing him for a second term, a White House official said. Powell, the former Secretary of State under Republican president George W. Bush, endorsed Obama in 2008 and told CBS in an interview Thursday morning that he still supports him. "The president is very appreciative of the endorsement," White House spokesman Dan Pfeiffer told reporters on a plane ride from Tampa, Florida, where Obama held a rally. "He called Colin Powell this morning before the event to thank him." The president did not discuss

Goods Orders Point to U.S. Business
Spending Slump: Economy

Bloomberg News, by Shobhana Chandra Original Article

Posted By: Photoonist- 10/25/2012 2:08:59 PM Post Reply

Washington - Orders for business equipment such as computers and communications gear stalled in September, signaling a slowdown in investment that may curb U.S. economic growth. Bookings for non-defense capital goods excluding aircraft, considered a proxy for future spending, were little changed after rising 0.2 percent in August, a Commerce Department report showed today in Washington. Other data showed consumer confidence is climbing even as the labor market makes limited progress.

Romney camp kicked off
October with a bang,
collecting $111.8 million in
the first half of the month

New York Daily News, by Kristen A. Lee Original Article

Posted By: Photoonist- 10/25/2012 2:04:29 PM Post Reply

Mitt Romney’s team and the GOP raised more than $111.8 million in the first half of October alone — kicking off the campaign’s last full month with a bang. Romney spokesperson Andrea Saul announced the massive fundraising haul in a tweet on Thursday morning: "BOOM: In first half of October alone, @MittRomney effort raised $111.8 million. #RomneyRyan2012." (Snip) The Romney camp said about 92 percent of the donations it received between Oct. 1 and Oct. 17 were $250 or less — amounting to $38.2 million in total.

East Coast braces for '$1B' storm
as Hurricane Sandy barrels
through Bahamas

Fox News, by Joshua Rhett Miller Original Article

Posted By: Attercliffe- 10/25/2012 2:03:24 PM Post Reply

Emergency management teams and utilities along the East Coast are bracing for what could be a $1 billion punch as Hurricane Sandy's 100 mph winds barrel toward the heavily populated region between the Carolina coast and Cape Cod. The Category 2 storm, which has killed two in the Caribbean as it swept through Cuba and blew toward the Bahamas, may combine with other, rain-heavy weather systems to create what meteorologists are calling a "perfect storm" that could wreak havoc from North Carolina to Massachusetts early next week. Sandy will likely maintain its hurricane status as it passes over the Bahamas

Paul Ryan presents Republican
ticket as solution to
poverty woes in speech
at Cleveland State (updated)

Plain Dealer [Cleveland OH], by Henry J. Gomez Original Article

Posted By: JoniTx- 10/25/2012 2:02:24 PM Post Reply

CLEVELAND, Ohio- As the race for the White House continued its constant orbit around Ohio on Wednesday, poverty -- a rarely broached subject on this year's campaign trail -- made a brief cameo. In an afternoon speech at Cleveland State University, Republican vice presidential candidate Paul Ryan said he and Mitt Romney would improve prospects for the less-fortunate by keeping the federal government at arm's length. The Wisconsin congressman, who proposed no new programs to combat poverty,
Author's name corrected by staff.

Court allows testimony by Mitt
Romney in Stemberg divorce
case to be unsealed

Boston Globe, by Callum Borchers Original Article

Posted By: Photoonist- 10/25/2012 1:59:12 PM Post Reply

Canton - Mitt Romney’s sworn testimony in a post-divorce lawsuit against Staples founder Tom Stemberg was unsealed on Thursday at Norfolk Probate and Family Court. The suit was filed in 1990 by Stemberg’s ex-wife, Maureen Sullivan Stemberg, who sought to amend the couple’s financial agreement after Staples went public in 1989 and began trading at 10 times the stock value she had received in the divorce a year earlier. (Snip) The court ruled that because the Globe was no longer petitioning to modify the confidentiality order, and was satisfied by the release of Romney’s testimony, that Sullivan Stemberg would have

U.N. Human Rights Council Calls
for Boycott of U.S. Companies

Washington Free Beacon, by Staff Original Article

Posted By: Calvinesq- 10/25/2012 1:57:48 PM Post Reply

The Washington Free Beacon has obtained a report soon to be released by the United Nations that calls for an international campaign of legal attacks and economic warfare on a group of American companies that do business in Israel, including Hewlett-Packard, Caterpillar Inc., and Motorola Solutions Inc. The Human Rights Council (HRC), a body dominated by Islamic countries and known for its hostility to, and heavy focus on, the Jewish State, issued the report. The George W. Bush administration refused to participate in the HRC, but President Barack Obama joined it soon after taking office.

Two Big Shifts In This New
Poll Should Frighten Obama

Business Insider, by Brett LoGiurato Original Article

Posted By: Photoonist- 10/25/2012 1:55:44 PM Post Reply

A new Associated Press/GfK poll released Thursday shows some disconcerting signs for President Barack Obama just 12 days before Election Day. Republican nominee Mitt Romney has flipped two crucial issues in the poll and is gaining in another measure, driving an overall 47% to 45% lead among likely voters. (Snip) Among registered voters, Obama has lost 13 and 10 points to Romney on the two issues, according to the poll. The flips are significant. A recent Gallup poll showed the overall economy (plus unemployment) and the federal deficit remain the top two issues for voters this election.

President “you don’t deserve a
bunch of name-calling” Obama
goes smaller and smaller

Hot Air, by Erika Johnsen Original Article

Posted By: Photoonist- 10/25/2012 1:53:17 PM Post Reply

“If you were looking for a bunch of partisan rhetoric, I’m probably not your guy. “If you can’t beat your opponent’s ideas, you distort those ideas — maybe you just make some up. If you don’t have a record to run on, then you paint your opponent as somebody people should run away from. You make big elections about small things.” (Snip) Obama has lately been making the same point (albeit, in more genteel terms) while out on the campaign trail, extolling the supposed lack of flip-flops and self-contradictions in his political past because “trust matters” and Mitt Romney doesn’t

What is our foreign policy?

Tribune Media Services, by Cal Thomas Original Article

Posted By: Maryland_Patriot- 10/25/2012 1:52:47 PM Post Reply

After watching the third presidential debate, are you clear on America's foreign policy? I thought not. That's because there appears to be no singular foreign policy -- rather a series of foreign policies, which must be tailored to fit each nation. I expected Mitt Romney to go after President Obama on his most recent foreign policy failure, the terrorist attack on the U.S. consulate in Benghazi, Libya, in which four Americans were killed, including the U.S. ambassador. The president had no explanation as to why there was inadequate security in Benghazi,

Team Romney boasts of raising
$112 million in first half
of October

The Hill [Washington DC], by Jonathan Easley Original Article

Posted By: JoniTx- 10/25/2012 1:50:46 PM Post Reply

The Romney campaign took to Twitter on Thursday to tout having raised nearly $112 million in the first half of October alone. Romney senior adviser Kevin Madden said: Kevin Madden@KevinMaddenDC -In first half of October alone, @MittRomney effort raised $111.8 million. (Snip) If that pace keeps up, the Romney campaign would be on pace to dwarf previous fundraising efforts by either campaign. The Romney campaign raised $170 million in September, nearly matching President Obama's $181 million haul and far surpassing his previous record, an August effort that brought in just under $112 million.

Who Won the Debates? 49%
Say Romney, 41% Obama

Rasmussen Reports, by Staff Original Article

Posted By: Photoonist- 10/25/2012 1:48:27 PM Post Reply

Most voters consider the three presidential debates at least somewhat important to how they will vote, and a plurality of those that watched thinks Mitt Romney was the overall debate winner. The latest Rasmussen Reports national telephone survey finds just eight percent (8%) of Likely U.S. Voters did not watch any of the debates. Sixty-three percent (63%) watched a portion or all of all three debates. (Snip) The national survey of 1,000 Likely Voters was conducted on October 23-24, 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence.

Obama's own flip-flop past

Washington Examiner, by Philip Klein Original Article

Posted By: Maryland_Patriot- 10/25/2012 1:48:12 PM Post Reply

In recent days, President Obama has hammered Mitt Romney on the campaign trail for being a flip-flopper. There's plenty of material there, and it's a wonder that Obama didn't exploit it earlier. But Obama overreached on Wednesday. "You could take a videotape of things I said 10 years ago, 12 years ago ... and you'd say, 'Man, this is the same guy,' " Obama boasted at a campaign stop in Iowa. Oh really? In the immortal words of Warner Wolf, let's go to the videotape. "I happen to be a proponent of a single-payer universal health care plan," Obama declared

Mitt Romney is the clear
choice for troubled times

Washington Examiner, by Editorial Original Article

Posted By: Maryland_Patriot- 10/25/2012 1:36:05 PM Post Reply

On July 15, 2010, President Obama appeared at a groundbreaking ceremony in Holland, Mich. to tout a $151 million stimulus grant his administration made to build the LG Chem electric car battery factory. "[W]hat this plant will prove is that we're headed in the right direction," he said. (snip) With his successful business career, Romney understands how government policies, however well-intentioned, can harm business growth and exacerbate unemployment. He will restore pragmatism, balance and fairness to a business climate that has been chilled by Obama's ideological approach to regulation.

Romney's 'October surprise' WILL be released:
Judge allows Mitt's secret evidence in
bitter divorce of ex-Staples CEO
to be finally made public

Daily Mail [UK], by Lydia Warren Original Article

Posted By: Attercliffe- 10/25/2012 1:35:29 PM Post Reply

Celebrity attorney Gloria Allred has won her battle to have Mitt Romney's sworn testimony in the bitter divorce of the ex-Staples CEO released to the public--in what is claimed could provide a damaging blow to his campaign. The Boston Globe filed the application to unseal the records and lift a gagging order on all parties involved after receiving a tip-off that there was 'juicy information about Romney' in the documents. There have been claims Romney's suggestions that Staples' stock was 'overvalued' meant Maureen Stemberg received a poor settlement in the divorce from the company's former CEO Tom Stemberg. But Romney's

Keeping it classy, Mr President: Obama
describes Romney as 'a bulls***ter'

Daily Mail [UK], by Toby Harnden Original Article

Posted By: Attercliffe- 10/25/2012 1:27:41 PM Post Reply

When asked whether he had a message for a six-year-old supporter, President Barack Obama took the opportunity to describe his opponent Mitt Romney as 'a bulls***ter'. The extraordinary comment - most mainstream media outlets decline to print such a word - came at the end of an interview with 'Rolling Stone' when Obama was asked one of the softest softball questions ever lobbed at him. As he left the Oval Office, Eric Bates, executive editor of 'Rolling Stone', told Obama that he had asked his six-year-old if there was anything she wanted him to say to the president and

Women stage topless
demo at Ikea in Germany

The Local (Sweden), by Staff Original Article

Posted By: PrairieAnemone- 10/25/2012 1:25:43 PM Post Reply

"Ikea has obeyed the wild Wahhabi regime of the Saudis and 'adapted' its catalogue by Shariah by deleting all of the images of women and girls," feminist movement Femen, which claimed responsibility for the protest action, said on its website. The three women, aged 32, 23 and 22, were fully clothed when they entered the Ikea store near Hamburg in northern Germany. In the toilets, however, they removed their tops and painted German flags over their breasts and daubed feminist messages across
Headline split, content added by staff

President Obama Uses Some
Choice Words to Describe Romney in
Rolling Stone Interview

Fox News, by Staff Original Article

Posted By: abuela10- 10/25/2012 1:20:06 PM Post Reply

In recent days, President Obama has been ramping up the rhetoric on the campaign trail, trying to convince voters they cannot trust Mitt Romney. Obama has suggested on many occasions that Romney has been dishonest with regard to his tax plan and other proposals. But in a recent Rolling Stone interview, he was a bit more frank in his assessment of the former Massachusetts governor.

Romney Campaign on Obama’s
BS’er Remark: It Shows the
‘President is Enormously Frustrated’

Fox News, by Staff Original Article

Posted By: JoniTx- 10/25/2012 1:18:00 PM Post Reply

In a recent Rolling Stone interview, President Obama had an uncharacteristically frank assessment of Gov. Mitt Romney. In the article by Douglas Brinkley, Obama is referring to a six-year-old girl who told her dad to tell the president, “you can do it,” referring to winning on Election Day. “You know, kids have good instincts,” Obama told Rolling Stone. “They look at the other guy and say, ‘Well, that’s a bull****ter, I can tell.’”

Gloria Allred met with Obama
before 'October Surprise'

Fox News, by Staff Original Article

Posted By: Emerson- 10/25/2012 1:15:28 PM Post Reply

DNC delegate and partisan Democrat lawyer Gloria Allred attended the “30 Days to Victory” Obama fundraiser at the Nokia Theatre in Los Angeles on October 7th…featuring George Clooney and musical acts Katy Perry, Stevie Wonder, Jennifer Hudson, Bon Jovi and Earth, Wind & Fire. After the fundraiser, Allred admitted to O’Reilly Factor correspondent Jesse Watters that she “just had a few words with the President” backstage, “he had some very kind words for me,” and “knows of my work…” but would not elaborate more on the details of her conversation. Now, two weeks later Allred is

Families who have more than two
children will lose benefits as ministers
claim Labour's welfare state promoted
'destructive' behaviour

Daily Mail [UK], by Matt Chorley, James Chapman Original Article

Posted By: Attercliffe- 10/25/2012 1:14:58 PM Post Reply

Parents will only be allowed to have two children before facing curbs on benefits, Iain Duncan Smith revealed today. The Work and Pensions Secretary took aim at the ‘madness’ of taxpayers subsiding poorer people to have ever-bigger families. He said for too long money had been spent trapping people on state handouts, as he set out how the government hopes to save £10billion in savings from the welfare budget by 2016. Ahead of a lecture in Cambridge today, Mr Duncan Smith said people in work make decisions about having children based on their finances and those on benefits should do

Ann Romney Shares Her
$137.50 Costco List for 30

ABC News, by Abby Phillip Original Article

Posted By: JoniTx- 10/25/2012 1:12:08 PM Post Reply

When Ann Romney cooks for the Romney clan, she goes big. “I always start at Costco,” Romney said on the “Rachel Ray Show” today as the audience watched pre-taped video of her pushing an over-sized grocery cart at the bulk-goods store. Zooming around the store that she’ didn’t name by location, Romney grabbed large bags of spinach, several containers of frozen cream puffs and pre-cooked rotisserie chicken. “The great thing about frozen desserts, they’re always ready to go,” Romney gushed. For roughly $4.50 per person – a $137.50 tab – Romney can feed all

How Gloria Allred Got To Be An
Absolutely Shameless Media Hound

Business Insider, by Erin Fuchs Original Article

Posted By: SoCalGal- 10/25/2012 1:10:03 PM Post Reply

Gloria Allred dropped her big October surprise this week. The news about Mitt Romney's testimony in a divorce is a little anti-climactic, but Allred is getting tons of press nonetheless. How does she manage to take up so much of the spotlight? Here's a quick history of her ascent. Allred, a former high school teacher, graduated from LA's Loyola Law School when she was almost 33 years old. She went on to become a representative for the National Organization of Women, according to this New York Magazine profile.

Who Is Fethullah Gülen?

City Journal, by Claire Berlinski Original Article

Posted By: Robinsolana- 10/25/2012 12:47:40 PM Post Reply

Controversial Muslim preacher, feared Turkish intriguer—and “inspirer” of the largest charter school network in America. With the American economy in shambles, Europe imploding, and the Middle East in chaos, convincing Americans that they should pay attention to a Turkish preacher named Fethullah Gülen is an exceedingly hard sell. Many Americans have never heard of him, and if they have, he sounds like the least of their worries.

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