Some Democrats are increasingly concerned about President Obama’s $787 billion financial fix for the ailing economy, and are demanding greater transparency on further spending.
Tag Archives: government
No Deal for Bernard Madoff, As Victims Prepare to Face Him in Court
Bernie Madoff’s lawyer, Ira Sorkin, told a federal Judge Denny Chin on Tuesday that Madoff expects to plead guilty to charges that will put him in prison for up to 150 years. The U.S.
Army desertions hurting Mexico’s war on drugs
In the face of spiraling drug violence that has shaken the country, the Mexican army has taken a lead role in attempting to thwart the narcotraffickers. But its ability to do so has been hurt by a large number of desertions, government officials say. At present, some 40,000 forces are deployed throughout the nation against the traffickers, according to the secretary of defense
China’s imports and exports tumble
Chinese exports plunged 25.7 percent, to $64.90 billion, in February compared with the previous year, the government reported Wednesday, as the once-white hot economy fell victim to the international economic downturn.
Lawyer: Madoff to plead guilty, faces 150 years
Accused investment swindler Bernard L. Madoff will plead guilty later this week to 11 counts that could bring a sentence of 150 years in prison, one of his attorneys told CNN. Prosecutors stressed that there is no plea deal and that Madoff, 70, will have to forfeit any money he made from his crimes.
Accused enemy combatant moved from military custody
Accused enemy combatant Ali al-Marri was served with an arrest warrant Tuesday and transferred out of U.S. military custody for the first time since 2003, according to the U.S. Justice Department.
Talking with the Taliban: Obama Idea Draws Skepticism
Seeking alliances with more moderate Taliban elements against al-Qaeda is not a new idea in the Afghanistan-Pakistan context, but until now it is one that has typically drawn a skeptical response — from U.S. officials who have regularly cast doubt on the wisdom of Pakistan pursuing such agreements
Workers stranded as North Korea closes border
Hundreds of South Koreas were left in limbo after North Korea shut its borders Monday at the start of joint military exercises between the United States and South Korea. When Pyongyang took the action, 573 South Koreans were staying at the Kaesong industrial complex, north of the demilitarized zone, South Korea’s Yonhap news agency reported.
Commentary: Deals with Taliban could be dangerous
It is a longstanding cliché that there is no military solution in Afghanistan, only a political one. (CNN) — It is a longstanding cliché that there is no military solution in Afghanistan, only a political one. Linked to this is the newer, related notion, rapidly becoming a cliché, that the United States should start making deals with elements of the “reconcilable” Taliban.
Commentary: Is it Obama’s economy yet?
President Obama currently has the polls on his side. In numerous surveys, Americans have said they are pleased with Obama’s performance thus far and confident the president can fix the economy, acknowledging this will take some time.