Posts tagged ‘Politics’

‘Fiscal cliff’ deal: After rush of relief, debt ceiling clash already looms



'Fiscal cliff' deal: After rush of relief, debt ceiling clash already looms (via The Christian Science Monitor)

Just 10 hours before the New York stock exchange opened on Wednesday, the GOP-controlled House passed the Senate's "fiscal cliff" bill, 257-167, marking the first time that Republicans have, effectively, voted to raise income taxes in 20 years. Markets from Tokyo to Wall Street surged at the news that…

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NRA coming to White House: Will there be fireworks? (via The Christian Science Monitor)

Vice President Joe Biden kicked off three days of meetings on gun violence Wednesday as part of his task force aimed at presenting proposals to President Obama by the end of the month. But even before the first session could begin – a closed-door meeting with representatives of gun-control groups…

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Armed guards in schools? Reaction to NRA is swift and strong.



Armed guards in schools? Reaction to NRA is swift and strong. (via The Christian Science Monitor)

Gun-control advocates responded swiftly – and negatively – to the National Rifle Association’s unusual presentation Friday to the media calling for armed guards in the nation’s schools. New York Mayor Michael Bloomberg, cochair of the group Mayors Against Illegal Guns, said the NRA “offered…

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Pro-gun Democrat says NRA must be ‘at the table’ for gun control talks



Pro-gun Democrat says NRA must be ‘at the table’ for gun control talks (via Raw Story )

The National Rifle Association has gone silent since the Dec. 14 mass school shooting in Newtown, Connecticut, but a Democratic senator endorsed by the group said on Monday his “friends” from the group should be involved in any future discussions regarding gun legislation. “They have to be at…

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Sandy Hook tragedy: Pro-gun senator says it’s time to ban assault rifles (+video)



Sandy Hook tragedy: Pro-gun senator says it's time to ban assault rifles (+video) (via The Christian Science Monitor)

Will the tragedy of Sandy Hook Elementary School lead to a new ban on assault rifles? That’s one question emerging in Washington as lawmakers react to a mass shooting that has left a Connecticut town in mourning and the nation itself wrestling with the single word, “why." Most if not all of the…

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Politics Roundup: Gun Restrictions And The Fiscal Cliff



Evening politics roundup: Gun restrictions, fiscal cliff patches (via NJ.com)

  In the wake of the Newtown school shootings, lawmakers and government officials have begun to set the stage for gun reforms. Public sentiment has surged as the national debate about gun control continues. Assemblyman Joseph Cryan (D-Union) said today that he plans to introduce a bill that would…

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Credit union flap may reveal Goldman Sachs is bullying community banks



Credit union flap may reveal Goldman Sachs is bullying community banks (via Raw Story )

When it was announced recently that Goldman Sachs had withdrawn its sponsorship of the small community bank at which Occupy Wall Street had set up an account for its donations, it appeared to be merely a petty act of vindictiveness. According to investigative reporter Greg Palast, however, the motivations…

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Taibbi: Secret and Lies of the Bailout



Taibbi: Secret and Lies of the Bailout (via Market Shadows)

  Source: Uploaded by user via Lisa on Pinterest   Taibbi: Secret and Lies of the Bailout Courtesy of Jesse's Cafe Americain This is a long piece from Matt Taibbi about the financial crisis and the bank bailout. It is under-reported, too often overlooked, and well worth understanding. I find it…

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Thousands in Spain protest to defend pensions



Thousands in Spain protest to defend pensions (via AFP)

Whistles blowing and horns honking, thousands of people demonstrated Monday in Madrid to defend their pensions from the austerity policies of the right-wing government of Mariano Rajoy. Spain's government broke a key election commitment in November by saying it would fail to raise pensions in line…

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Spain Plunders 90% Of Social Security Fund To Buy Its Own Debt



Spain Plunders 90% Of Social Security Fund To Buy Its Own Debt (via Market Shadows)

Courtesy of ZeroHedge. View original post here. Submitted by Tyler Durden. With Spanish 10Y yields hovering at a 'relatively' healthy 5%, having been driven inexorably lower on the promise of ECB assistance at some time in the future, the market has become increasingly unsure of just who it is that…

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