Swedish Meatballs
12 hours ago
Prices of existing U.S. single-family homes in the third quarter slumped 4.5 percent from a year earlier, matching a record decline from the previous period as the housing downturn deepened, according to a national home price index on Tuesday.Read More......
The S&P;/Case-Shiller National Home Price Index fell 1.7 percent from June, marking the largest quarterly decline in the index's 21-year history, S&P; said in a statement.
I asked Mr. Romney whether he would consider including qualified Americans of the Islamic faith in his cabinet as advisers on national security matters, given his position that "jihadism" is the principal foreign policy threat facing America today. He answered, "…based on the numbers of American Muslims [as a percentage] in our population, I cannot see that a cabinet position would be justified. But of course, I would imagine that Muslims could serve at lower levels of my administration."Well, as long as they can carry Mitt's bags or perhaps sweep a floor or two. This is all quite interesting coming from a guy who belongs to a faith that barely represents 2% of the population, compared to the 1% in America who are Muslims. Are we really doing that well with our existing Muslim outreach programs that we can afford to exclude Muslims from senior positions in the next administration? Yes, he's the guy who cries "foul" when anyone discusses his Mormon faith (that he can't stop talking about) but he doesn't mind making a bigoted remark about Muslims. During our so-called war on terror, no less. How insulting, careless and downright offensive. Read More......
Romney, whose Mormon faith has become the subject of heated debate in Republican caucuses, wants America to be blind to his religious beliefs and judge him on merit instead. Yet he seems to accept excluding Muslims because of their religion, claiming they're too much of a minority for a post in high-level policymaking. More ironic, that Islamic heritage is what qualifies them to best engage America's Arab and Muslim communities and to help deter Islamist threats.
Political Wire got an advance look at a new Strategic Vision poll in Iowa that shows Sen. Hillary Clinton and Sen. Barack Obama tied in the Democratic presidential race at 29%, with John Edwards trailing at 23%.Read More......
On the Republican side it shows, Mitt Romney barely leading with 26%, followed closely by Mike Huckabee at 24%, Rudy Giuliani at 14%, Fred Thompson at 10% and Sen. John McCain at 7%.
Mr. Bush made no comment when the Nobel was announced, and today, the two stood silently, and a bit awkwardly, during the photo opportunity.(Hat tip to Riki.) Read More......
But the president did personally telephone Mr. Gore to extend the invitation, and the White House changed the date of the event so Mr. Gore could attend. Mr. Bush’s press secretary, Dana Perino, told reporters the president is willing to let bygones be bygones.
“This president does not harbor any resentments,” she said. “He never has.”
In fact, Mr. Bush and his aides still deplore what they view as President Clinton’s disastrously hands-on involvement in the peace process in 2000. And they insist that Mr. Bush does not intend to negotiate personally the two-state peace he has pronounced as his vision . . . For all the pomp of the Annapolis gathering, the White House is not calling it a summit meeting or anything else suggestive of substantive progress. Mr. Bush’s vision is ambitious, but his strategy is cautious — he may be repeating Mr. Clinton’s role, yet he rejects what he sees as the meddlesome quality of it.To call this "repeating" the role that President Clinton played is hyperbole, to say the least -- while people can (and do) argue over particular Clintonian successes and failures, by all accounts he really, really knew his stuff when it came to Israel/Palestine issues. Down to the neighborhoods in Jerusalem, locations of settlements, etc. Somehow I don't think Bush has quite the same command of the details.
Mr. Bush’s aides often point out that in 2002 he was the first American president to declare support for a Palestinian state. That is true, but they fail to mention that he did so while refusing to negotiate with Yasir Arafat, then the Palestinian leader, effectively endorsing a deadly stalemate.Far too often, that kind of ridiculous administration claim is allowed to pass without context of, y'know, the facts. Nice to have them in this instance. Read More......
Senate Minority Whip Trent Lott's resignation announcement on Monday was the latest in a wave of retirements to hit congressional Republicans, making an already difficult 2008 electoral landscape even more complicated for the minority party.Read More......
Party officials insist that the retirements -- 17 members of the House and six senators -- are simply the result of individual decisions and not indicative of a broader negative sentiment within the party. "I don't hear a drumbeat that 'We're not effective and I don't like it here anymore,' " said National Republican Congressional Committee Chairman Tom Cole (Okla.).
But with so many lawmakers -- including a large number from competitive states and districts -- heading for the exits, it's hard not to point to the GOP's newfound minority status in Washington, the turnover in party leadership and the perilous political environment heading into 2008 to explain the exodus.
The Supreme Court struggled with the changed world of retirement plans Monday, trying to decide whether a worker has a right to sue to recover losses when his instructions on where to invest his retirement money are disregarded.Read More......
The justices debated the case of James LaRue, who says he lost $150,000 in a market downturn when administrators at his 401(k) retirement plan twice failed to carry out his requests to sell stocks and move his money into safer investments.
Citigroup, Wall Street’s largest financial services firms, is planning its second round of large-scale layoffs in less than a year, CNBC has learned.This comes on the heels of 17,000 people fired earlier this year. Merry Christmas from the GOP and Greenspan. Read More......
People inside Citigroup say the firm hasn’t set a target number of cuts from its roughly 320,000 employees. But people with knowledge of the matter have described the pending job reductions as "massive" and "large." The total number could reach as high as 45,000, these people estimate.
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