Browsing the blog archives for November, 2009.


Climate change: this is the worst scientific scandal of our generation

Commentary, Economy, Laws, Stocks, U.S. Infrastructure, budget

By Christopher Booker Published: 6:10PM GMT 28 Nov 2009

Our hopelessly compromised scientific establishment cannot be allowed to get away with the Climategate whitewash, says Christopher Booker.

A week after my colleague James Delingpole , on his Telegraph blog, coined the term “Climategate” to describe the scandal revealed by the leaked emails from the University of East Anglia’s Climatic Research Unit, Google was showing that the word now appears across the internet more than nine million times. But in all these acres of electronic coverage, one hugely relevant point about these thousands of documents has largely been missed.

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Obama’s expected new Afghan plan sparks debate

Economy, Stocks, U.S. Infrastructure

As President Barack Obama gets ready to announce a redrawn battle plan for Afghanistan, lawmakers are weighing in on the expected large increase in U.S. forces there.

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Tough times turning newspaper lenders into owners (AP)

Economy, Stocks, U.S. Infrastructure

FILE - In this Dec. 8, 2008 file photo, the Los Angeles Times building is seen in downtown Los Angeles. Newspaper headlines have skewered money lenders for dubious decisions that stoked the recession. Now the financiers are starting to headline newspapers in a new way, as the owners. (AP Photo/Kevork Djansezian, File)AP – Newspaper headlines have skewered money lenders for dubious decisions that stoked the recession. Now the financiers are starting to headline newspapers in a new way — as the owners.


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Treasury, Fed delay Internet gambling ban 6 months

Economy, Laws, Uncategorized

David Lawder Fri Nov 27, 2009
WASHINGTON (Reuters) – The U.S. Treasury and Federal Reserve on Friday delayed the implementation date for a new Internet gambling payment ban for six months, a move that gives lawmakers time to overturn it or end confusion over illegal practices.

In a joint statement, the Treasury and Fed said the December 1 implementation date for the law passed in 2006 would not be achievable for some financial institutions. They set a new compliance deadline of June 1, 2010.

“Commentators expressed concern that the act and the final regulation do not provide a clear definition of ‘unlawful Internet gambling,’ which is central to compliance,” the two agencies said.

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Wall Street set to open lower

Defense, Economy, Foreign Affairs

By Aaron Smith and Ben Rooney, CNNMoney.com staff writer. November 27, 2009

Dubai World’s hesitancy to pay off its debt sparks a selloff in Asia. European markets pare earlier losses.

Are things really getting better? Last quarter, the economy grew by the largest amount since the summer of 2007, but there are signs that things are still getting worse.

NEW YORK (CNNMoney.com) — U.S. stocks were set to open lower Friday, following sharp declines in Asian markets, as Dubai World and its debt woes threatened Wall Street’s confidence.

Dow Jones industrial average, Nasdaq and S&P 500 futures plummeted, with Dow futures down 222 points, hinting that stocks could take a dive during their abbreviated session on Black Friday.

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Tight economy forces some to stay home for holiday (AP)

Economy, Stocks, U.S. Infrastructure

A weary Thanksgiving holiday traveler rubs her eyes while waiting for a Concord Coach bus to depart from Portland, Maine, Wednesday evening, Nov. 25, 2009. (AP Photo/Robert F. Bukaty)AP – There’s still family, turkey and football, but one Thanksgiving tradition is taking a hit this year. Millions of Americans are spending the holiday at home, saying the poor economy has made it unaffordable to hit the road or board a plane.


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Obama and GOP differ over recipe for jobs, economy (AP)

Economy, Stocks, U.S. Infrastructure

FILE - In this Nov. 25, 2009  file photo, President Obama speaks during the pardoning of the National Thanksgiving Turkey, Courage, in a ceremony in the North Portico of the White House, in Washington. President Barack Obama is committing the United States to a goal of substantial cuts in greenhouse gas pollution over the next decade when he travels to a widely anticipated climate conference in Copenhagen next month.   (AP Photo/Pablo Martinez Monsivais, File)AP – President Barack Obama and a top House Republican acknowledged in holiday messages Thursday the economic struggles facing Americans this Thanksgiving but offered starkly different recipes for relief.


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Rasmussen Reports: 42% Strongly Disapprove Of President Obama

Economy, Stocks, U.S. Infrastructure

The Rasmussen Reports daily Presidential Tracking Poll for Tuesday shows that 27% of the nation’s voters Strongly Approve of the way that Barack Obama is performing his role as President. Forty-two percent (42%) Strongly Disapprove giving Obama a Presidential Approval Index rating of -15. This is the lowest Approval Index rating yet measured for President Obama.

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