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Morgan Stanley Reaches $1.25
Billion Settlement of FHFA Suit
Bloomberg News, by Michael J. Moore    Original Article
Posted By: JoniTx- 2/4/2014 6:54:45 PM     Post Reply
Morgan Stanley (MS) agreed to pay $1.25 billion to settle a U.S. regulator’s claims the investment bank sold faulty mortgage-backed securities to Fannie Mae and Freddie Mac (FMCC) that added to their losses in the financial crisis. Morgan Stanley took a $150 million charge, reducing fourth-quarter and full-year 2013 earnings by 5 cents a share, the New York-based bank said today in a regulatory filing. That would bring last year’s earnings per share to $1.36. The Federal Housing Finance Agency sued 18 banks in 2011 seeking to recoup some of the losses taxpayers covered when the government took control of

Bozell Takes Aim at GOP Leadership
National Review Online, by Andrew Stiles    Original Article
Posted By: Desert Fox- 2/4/2014 6:41:55 PM     Post Reply
Conservative activist Brent Bozell says it’s time for Republican leaders in Congress to step aside. His organization, ForAmerica, announced “an aggressive, six-figure social media and digital ad campaign” on Tuesday against top Republicans in the House and Senate between now and the midterm elections in November. “It’s a simple proposition,” Bozell tells National Review Online. “The Republican leadership that has been championing conservative principles and promising action has just failed miserably. A day doesn’t go by where they’re not surrendering on something, and it is the sense of conservatives around the country that they have to step down, that it’s time

Navy probing alleged cheating
on nuke reactor work
Associated Press, by Robert Burns*    Original Article
Posted By: JoniTx- 2/4/2014 6:38:43 PM     Post Reply
WASHINGTON— The Navy is investigating 30 or more senior sailors in connection with alleged cheating on written tests designed to qualify them as instructors at a school that trains younger sailors to operate naval nuclear power reactors, officials said Tuesday. The reactors at Charleston, S.C., are of the kind used in propulsion systems for Navy submarines and aircraft carriers. The alleged misbehavior is unrelated to Navy nuclear weapons carried aboard Trident submarines, according to Adm. John Richardson, the director of the Navy´s nuclear propulsion program. He said it came to light on Monday when a senior enlisted sailor at the



NAACP Official: GOP Uses
‘People of Color’ as ‘Mouthpieces’
National Review Online, by Andrew Johnson    Original Article
Posted By: Desert Fox- 2/4/2014 6:34:11 PM     Post Reply
The same NAACP official who called South Carolina Republican senator Tim Scott a ventriloquist’s “dummy” is at it again. On Tuesday, Reverend William Barber, director of the North Carolina NAACP, described minorities who support conservative causes “mouthpieces.” “They frantically seek out people of color to become mouthpieces for their particular agenda,” Barber said on a conference call. He also addressed the Scott comments, which he had previously defended. He said his remarks had “nothing to do with color,” because they were intended to apply to anyone who supported Republican platforms, such as South Carolina governor Nikki Haley and North Carolina governor Pat

What is the farm bill?
Associated Press, by Mary Clare Jalonick    Original Article
Posted By: JoniTx- 2/4/2014 6:29:13 PM     Post Reply
WASHINGTON— The huge, five-year farm bill that Congress sent to President Obama on Tuesday sets policy for hundreds of programs, including farm subsidies and food stamps. It would make small cutbacks to both, eliminating some subsidy programs and cutting the $80 billion-a-year food stamp program by $800 million a year, or 1 percent. Conservatives had proposed much higher cuts. President Obama is scheduled to sign the bill in East Lansing, Mich. on Friday. Some questions and answers about the farm bill and its politics: Q: What is the farm bill? A: It´s a wide-ranging bill, usually written every five years, that

Republicans to the Rescue
TownHall, by Thomas Sowell    Original Article
Posted By: Periwinkel- 2/4/2014 5:58:37 PM     Post Reply
Some supporters of President Obama may be worried about how he and the Democrats are going to fare politically, as the problems of ObamaCare continue to escalate, and it looks like the Republicans have a chance to win a majority in the Senate. But Democrats may not need to worry so much. Republicans may once again come to the rescue of the Democrats, by discrediting themselves and snatching defeat from the very jaws of victory. The latest bright idea among Republicans inside the Beltway is a new version of amnesty

´Evidence Exists´
Wall Street Journal, by James Taranto    Original Article
Posted By: Drive- 2/4/2014 5:28:46 PM     Post Reply
The New York Times finally ran a correction today of its much-criticized Chris Christie scoop: An article on Saturday about the contention of David Wildstein, a former Port Authority official, that "evidence exists" that Gov. Chris Christie of New Jersey knew about the closing of lanes on the George Washington Bridge as it was happening misidentified, at one point, the person for whom a lawyer wrote a letter to a panel investigating the closings. The letter was written for Bill Stepien by Kevin H. Marino, his lawyer; it was not written for Mr. Marino. So, other than that the story



San Antonio most romantic
city in U.S.
Houston Chronicle, by Kolten Parker    Original Article
Posted By: JoniTx- 2/4/2014 4:21:30 PM     Post Reply
SAN ANTONIO — Whether it´s riding in a horse-drawn carriage down Houston Street, eating a candlelit dinner at an intimate restaurant on the River Walk or having a cocktail atop the Tower of the America´s, San Antonians know how to spice up a date. In fact, just ahead of Valentine´s Day, the Alamo City was named the most romantic city in the country by Amazon.com, who tabulated purchases per capita from 2013 of romantic propaganda ranging from Marvin Gaye albums to adult toys. “Love is in the air in San Antonio,” said Stacy Keller, a spokeswoman for Amazon, adding that

Boehner: ‘No Sense Picking a Fight We
Can’t Win’ on Debt Limit (Updated)
Roll Call, by Daniel Newhauser    Original Article
Posted By: mikkins2- 2/4/2014 4:19:39 PM     Post Reply
Just days away from the administration’s deadline to extend the nation’s borrowing authority, Speaker John A. Boehner told House Republicans he sees no reason to pick a fight they cannot win on the issue. “There’s no sense picking a fight we can’t win,” the Ohio Republican told members in a private conference meeting, according to sources in the room. Leadership has been looking for a plan that could draw Republican support for a debt limit increase, and Boehner urged his members to coalesce around a plan. If they do not, he warned, the Senate could move first and tack a provision to

Russia President Putin
encounters Sochi leopard cubs
BBC News [UK], by Staff    Original Article
Posted By: Attercliffe- 2/4/2014 4:17:02 PM     Post Reply
Russian President Vladimir Putin has taken senior Olympics officials on a tour of a Persian leopard sanctuary ahead of the Winter Games in Sochi. He tried to calm one leopard cub, which had become agitated and attacked two journalists, Russian media said. The visit to Sochi National Park comes amid efforts to show the games are positive for the environment. President Putin is well known for his encounters with wild animals which have helped burnish his outdoors image. In the past, he has been shown on state TV tagging whales, saving a TV crew from a tiger and taking to

Gov defends policy allowing
criminals to qualify as prospective
foster parents
Boston Herald, by Matt Stout    Original Article
Posted By: JoniTx- 2/4/2014 4:15:40 PM     Post Reply
Gov. Deval Patrick acknowledged today that under Massachusetts policy, prospective foster parents can have a criminal record, but said he has faith in officials at the embattled Department of Children and Families to weed out those who could harm at-risk children. “You can have a record. It might be stealing a candy bar when you’re 14, 15 years old. That’s a record,” Patrick said today after cutting the ribbon on Vertex’s new Seaport building. “You’ll have a CORI for that or similar sorts of things. ... That’s why I say they are right to take into account the specific circumstances



Reid: Obamacare Doesn’t Cost Jobs,
It Turns Workers Into ‘Free Agents’
PJ Media, by Bridget Johnson    Original Article
Posted By: JoniTx- 2/4/2014 4:12:27 PM     Post Reply
Senate Majority Leader Harry Reid (D-Nev.) said the Congressional Budget Office report that shows Obamacare will make the labor force lose 2.3 million full-time workers by 2021 is positive because it lets Americans be “free agents.” “We have the CBO report, which rightfully says, that people shouldn’t have job lock. If they — we live in a country where there should be free agency. People can do what they want,” Reid told reporters outside of a close policy luncheon. “And what they’re saying here is — and the fact checkers have already done this — the Republicans talk about losing

Truthful Tuesday protest at South
Carolina Statehouse today seeks
better health care to the poor
Associated Press, by Staff    Original Article
Posted By: Attercliffe- 2/4/2014 4:10:43 PM     Post Reply
COLUMBIA, S.C. - A group of protesters who want South Carolina to do more to provide health care to the poor is bringing its rally inside the Statehouse. This week´s Truthful Tuesday protest will take place at 12:30 p.m. outside the governor´s office. About a half-dozen people will talk about how they have struggled to pay for health insurance or how the new federal health care law has helped them get coverage. South Carolina´s Republican dominated Legislature has been adamantly against the new health care law and refused federal money to expand Medicaid. After the rally outside the governor´s office, protesters plan

More than 2.3 MILLION full-time jobs
will be lost because of Obamacare by
2021 - three times the initial estimate,
finds shocking official report
Daily Mail [UK], by David Martosko    Original Article
Posted By: Attercliffe- 2/4/2014 3:53:04 PM     Post Reply
The Affordable Care Act will push the equivalent of 2.3 million full-time workers out of the U.S. labor force by the year 2021, according to a stunning report from the nonpartisan Congressional Budget Office on Tuesday. The office´s latest estimates threaten to puncture the Obama administration´s argument that Obamacare won´t be a long-term job killer, since incentives built into the health care law appear to be discouraging taxpayers from working. ´CBO estimates that the ACA will reduce the total number of hours worked, on net, by about 1.5 to 2 percent during the period from 2017 to 2024,´ the CBO

First on CNN: Conservative group pushes
to topple GOP leaders in Congress
CNN, by Paul Steinhauser    Original Article
Posted By: mikkins2- 2/4/2014 3:50:04 PM     Post Reply
Washington - A conservative group is launching a new campaign which calls on "the GOP leadership in both the House and the Senate to step aside." ForAmerica told CNN that it´s putting six figures behind its "Dump the Leadership" campaign between now and November´s leadership elections. The group says that its digital ads will target House Speaker John Boehner, Majority Leader Eric Cantor and Majority Whip Kevin McCarthy, as well as Senate Minority Leader Mitch McConnell and Minority Whip John Cornyn, and the group adds that the first paid spots are now up online. "Time and again, year after year, the Republican leadership in the



Shivering can help you stay slim
Telegraph [UK], by Richard Gray    Original Article
Posted By: Attercliffe- 2/4/2014 3:45:54 PM     Post Reply
It is usually a signal to reach for a jumper or turn up the heating, but it seems shivering may also be an effective way to stay slim. A new study from scientists at Sydney University has found that placing volunteers in temperatures of less than 59F (15C) for around 10-15 minutes caused hormonal changes equivalent to an hour of moderate exercise. These same hormonal changes have been linked to the creation of brown fat, a form of fat that actually burns up energy. Brown fat was once only thought to be found in babies, but scientists have since discovered that adults

Mind-Boggling Stats on Illegal Immigrants
With Criminal Records the Press
Rarely If Ever Publishes
NewsBusters, by Tom Blumer    Original Article
Posted By: mikkins2- 2/4/2014 3:41:30 PM     Post Reply
As we head into yet another year wondering whether Washington, meaning President Obama and both political parties, will finally betray the nation and pass some form of illegal-immigrant amnesty, "Machiavelli" at the Virtuous Republic blog reminds us that the argument is about more than depressed wages, "keeping families together," and (in the misguided minds of Catholic bishops) Christian charity. Machiavelli went to Immigration and Customs Enforcement records for 2013 and found the following crime-related information the establishment press is extremely reluctant to acknowledge at its main page for removal statistics (bolds are mine throughout this post):

Return of the Reagan Revolution
American Spectator, by Jeffrey Lord    Original Article
Posted By: mikkins2- 2/4/2014 3:19:52 PM     Post Reply
The Reagan Revolution is back. In fact, as documented side-by-side on the front page of the New York Times — on the Sunday before the February 6 celebration of Reagan’s 101st birthday no less — the Reagan Revolution is not just alive but thriving. Ironically, one story was about The Why. The other story was about The Results of The Why. The first Times headline put it this way in describing The Why: Law Doesn’t End Revolving Door on Capitol Plenty of Exemptions Ex-Aides Find Ways to Rapidly Begin New Lobbying Jobs The first paragraph of this story began this

Obama: Coffee shops shouldn´t
have better Internet than schools
Washington Examiner, by Brian Hughes    Original Article
Posted By: grace52- 2/4/2014 3:09:19 PM     Post Reply
President Obama, outlining his push Tuesday to bring high-speed Internet access to more U.S. schools, said Americans should demand the same level of technology in learning facilities as they do in coffee shops. “In a country where we expect free Wi-Fi with our coffee, we should definitely demand it in our schools,” Obama said in Adelphi, Md., highlighting $750 million in new commitments from private companies to put digital learning labs in schools. Under his plan, the Federal Communications Commission will also spend $2 billion to connect 20 million students to wireless technologies.

Fry Cook Shifted to Part-Time
Work Confronts Obama
National Review Online, by Andrew Johnson    Original Article
Posted By: PageTurner- 2/4/2014 2:54:19 PM     Post Reply
During a Google Hangout session on Friday, fry cook Darnell Summers told President Obama that his hours were cut due to the Affordable Care Act. “We were broken down to part time to avoid paying health insurance,” he said. Summers explained that he makes $7.25 an hour and has been on strike four times seeking a wage increase. “We can’t survive, it’s not livin’,” he said. The president responded by urging states to increase the minimum wage. “I am working to encourage states, governors, mayors, state legislators to raise their own minimum wage,” Obama said. “Obviously, the way to reach


Stockman urged to quit
Senate race over “antics”
Dallas Morning News [TX], by Todd J. Gillman    Original Article
Posted By: StormCnter- 2/4/2014 2:53:40 PM     Post Reply
WASHINGTON — Ken Cope, one of seven Republicans running against Sen. John Cornyn in the March 4 primary, today called on Rep. Steve Stockman to drop out, asserting that he has become an embarrassment to the party. “The unserious antics you have engaged in since entering the Senate race have done damage to the Republican brand,” Cope wrote Stockman in a letter shared by his campaign. “There are a number of serious candidates opposing Senator Cornyn. But the way you have conducted your campaign has caused the news media and other observers to view all of the challenging candidates negatively

Hillary Clinton begins partnership with
Univision to reach Hispanic parents
Washington Post, by Philip Rucker    Original Article
Posted By: KarenJ1- 2/4/2014 2:48:25 PM     Post Reply
NEW YORK — For a stateswoman-celebrity whose public life has been a whirl of black-tie galas and glitzy awards ceremonies, Hillary Rodham Clinton’s event here Tuesday morning was a stark departure. The prospective 2016 presidential candidate came to an East Harlem classroom, sat beneath crayon posters and alphabet letters and urged Hispanic parents to read and sing to their children to help develop their language skills. “Every child — every single child — in our country deserves to have a fair chance to live up to his or her God-given potential,” Clinton said. The appearance was tied to the launch

Aiming for a World Series next?
Super Bowl champ Russell Wilson
is heading to a minor league
BASEBALL spring training
Daily Mail (UK), by Meghan Keneally    Original Article
Posted By: JoniTx- 2/4/2014 2:44:37 PM     Post Reply
The Seattle Seahawks are not going to rest on their Super Bowl laurels as victorious quarterback Russell Wilson has announced plans to head to a baseball team´s spring training session. The professional football player has a history of switching between sports, as he played in one of the minor league baseball teams before being drafted into the NFL. He played as a part of the Class A teams for the Colorado Rockies baseball teams in 2010 and 2011 before switching his sights to football in 2012. Back in December, a year after signing his four-year $2.99million contract with the Seahawks,

Grassroots GOP looking for Hill
leaders with backbone
Washington Examiner, by Staff    Original Article
Posted By: mikkins2- 2/4/2014 2:41:20 PM     Post Reply
To understand why grassroots dissatisfaction with the Republican establishment in Washington is so intense, look no further than the Agriculture Act of 2014 produced by a Senate-House conference committee. The measure will soon be on President Obama´s desk, and he will sign it into law. The conventional wisdom inside the Beltway is that the farm bill shows it remains possible for the Democratic Senate and Republican House to put their profound differences aside and compromise in order to move important legislation. On closer inspection, however, it´s business-as-usual in Washington, with Republican conference committee negotiators collapsing like an old sports stadium

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