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Fed to buy long-term U.S. government debt

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Submitted by IceCreamYou on Wed, 03/18/2009 - 7:20pm
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<a href="http://news.yahoo.com/s/nm/20090318/bs_nm/us_usa_fed_5">Yahoo!</a> wrote:
The Federal Reserve on Wednesday said it would pump an additional $1 trillion into the U.S. economy to try to pull it out of a deep recession, partly by buying longer-term government debt for the first time in more than 40 years.

Mexican drug cartels' expanding U.S. influence

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Submitted by IceCreamYou on Tue, 03/17/2009 - 7:52pm
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<a href="http://www.cnn.com/2009/POLITICS/03/17/mexican.drug.war/index.html">CNN</a> wrote:
About 90 percent of guns seized in Mexican raids are traced back to the United States, according to the federal Bureau of Alcohol, Tobacco, Firearms and Explosives, said [Senator Dick Durbin, D-IL]. About 2,000 firearms cross the border into Mexico daily, according to the Brookings Institution, he added.

The Future of U.S.-Russia Relations

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Submitted by IceCreamYou on Sun, 02/08/2009 - 1:48pm
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<a href="http://news.yahoo.com/s/nm/20090208/pl_nm/us_security_russia_usa_6">Russian Deputy Prime Minister Sergei Ivanov</a> wrote:
It is obvious the new U.S. administration has a very strong desire to change and that inspires optimism.

Obama meets with GOP

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Submitted by IceCreamYou on Tue, 01/27/2009 - 8:02pm
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Obama has been meeting with Republican leaders from Congress over the past few days to try to resolve potential sticking points in his economic stimulus plan.  The meetings reportedly did not resolve the differences but both sides came away optimistic.  The full House might vote on the bill, called the American Recovery and Reinvestment Act, by next Wednesday.  Obama has helped to remove pork supported by House Speaker Nanci Pelosi, but Republicans are still concerned that the Act doesn't do enough to help the economy in the right ways.

Coleman: Franken win bogus

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Submitted by IceCreamYou on Tue, 01/27/2009 - 7:53pm
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In a long-drawn-out battle for a Minnesota senate seat, Norm Coleman is challenging Al Franken's 255-vote lead after a recount.  Before the recount, Coleman was ahead by a few hundred votes, out of about 3 million.  Franken will ask the state Supreme Court to require that he be seated temporarily until the dispute is resolved--a request turned down by the governor and attorney general.  Coleman has three points that he'll argue, each of which could swing the balance back.

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