Archive for December 24th, 2008
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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.
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Obama offers appreciation to U.S. military
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)
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)
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 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 Colemanâs 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 Colemanâs
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
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Obamas begin Christmas Eve with workout, Marines (AP)
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 ânoise and distractionâ 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.