Archive for December 24th, 2008

  • Newsweek: The looming fight over re-regulation

    Some financial experts worry that the incoming Obama administration, populated with protégés of Rubin and Greenspan, may continue to resist the necessary regulation needed to restore confidence in Wall Street and prevent another subprime-type disaster.

  • Obama offers appreciation to U.S. military

    President-elect Barack Obama greets well-wishers after his workout at the Kaneohe Bay Marine Corps Base in Kailua, Hawaii, Wednesday, Dec. 24.President-elect Barack Obama offered appreciation to the U.S. military on Christmas Eve in a recorded message and then asked children of uniformed troops if they had their wish lists ready.

  • Obama basks in political honeymoon: poll (AFP)

    US President Elect Barack Obama (centre), seen here greeting supporters in Hawaii, is riding the crest of the best approval ratings of any president-elect in decades, according to a new poll as the next US leader relaxed on his Hawaii Christmas vacation.(AFP/File/Tim Sloan)AFP – Barack Obama is riding the crest of the best approval ratings of any president-elect in decades, according to a new poll as the next US leader relaxed on his Hawaii Christmas vacation.

  • Minn. court blocks Coleman on double recount votes (AP)

    Election judges Willy Lee (L) and Joanne Caspersen recount marked ballots cast for the 2008 Minnesota senate race between former Saturday Night Live comedian Al Franken (DFL-MN) and incumbent Norm Coleman (R-MN) at an elections warehouse in Minneapolis November 19, 2008. (Eric Miller/Reuters)AP – Minnesota’s highest court on Wednesday ruled against Republican Sen. Norm Coleman’s attempt to keep dozens of possible double votes from Democratic-heavy precincts out of the long-running U.S. Senate recount, but left the door open for a lawsuit.

  • Bush revokes pardon issued a day earlier

    President Bush pardoned 19 people on Tuesday, including Isaac Robert Toussie of Brooklyn, N.Y., but on Wednesday, the White House issued a statement saying the president was reversing his decision in Toussie's case. NBC’s John Yang reports. (Nightly News)President George W. Bush took the very rare step Wednesday of revoking a pardon he had granted only a day before, after learning in news reports of political contributions to Republicans by the man’s father and other information.

  • Minnesota Court Denies Coleman’s Request on Ballots (Bloomberg)

    Bloomberg – Dec. 24 (Bloomberg) — The Minnesota Supreme Court ruled
    against Republican incumbent Norm Coleman in his U.S. Senate
    recount battle with Democrat Al Franken, refusing to order
    election officials to throw out more than 100 ballots Coleman’s
    campaign says may have been double-counted.

  • Obama Scatters His Grandmother’s Ashes

    The president-elect and his family attend services in Hawaii for the woman who raised him

  • Obamas begin Christmas Eve with workout, Marines (AP)

    President-elect Barack Obama (with baseball cap) greets well-wishers after his workout at the Kaneohe Bay Marine Corps Base in Kailua, Hawaii, Wednesday, Dec. 24, 2008. (AP Photo/Lawrence Jackson)AP – President-elect Barack Obama offered appreciation to the U.S. military on Christmas Eve in a recorded message and then asked children of uniformed troops if they had their wish lists ready.

  • Obama Should Be Ready to Stand Against Advisers, Author Says (Bloomberg)

    Bloomberg – Dec. 25 (Bloomberg) — President-elect Barack Obama must be
    prepared to disregard senior foreign-policy advisers and ignore
    the “noise and distraction” of politics in making strategic
    decisions, the author of a new book on how Presidents John F.
    Kennedy and Lyndon Johnson handled Vietnam said.

  • Obama Honors Military, Asks Americans to Help Economy (Bloomberg)

    Bloomberg – Dec. 24 (Bloomberg) — President-elect Barack Obama, wishing
    the nation a happy, yet sober New Year, honored the service of
    the U.S. military and asked Americans to help pull the country
    out of recession.