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Former CIA Director David Petraeus arrived on Capitol Hill Friday to testify.
Washington (CNN) — Former CIA Director David Petraeus arrived on Capitol Hill Friday to testify before congressional lawmakers that he knew “almost immediately” the attack on the U.S. Consulate in Benghazi, Libya, was the work of a loosely-formed militia with members sympathetic to al Qaeda. Petraeus’ testimony will be behind closed doors before Republican and…
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Study shows no one can live on $14,500 a year. Minimum Wage sucks.
Americans Want to Raise the Minimum Wage Bryce Covert on November 15, 2012 – 10:35 AM ET Voters didn’t just send President Obama back to the White House on Election Day. They also voted to raise the minimum wage in three different cities. Albuquerque, NM raised its minimum wage from $7.50 to $8.50 per hour,…
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Top 1% Are Getting Richer.
The United States of America is number one in an unfortunate category. The top one percent’s share of total income has risen the more in the U.S. than in any other major Western country since 1960, according to a new paper by Thomas Piketty and Emmanuel Saez, economics professors at the Paris School of Economics…
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Israel Adding 16,000 Reservist.
(Reuters) – Israel has started drafting 16,000 reserve troops, the military said on Friday, in a sign that violence could escalate further with Palestinian militants in the Gaza Strip. Israel’s two-day assault on Gaza has largely been from the air, but officials have said a ground incursion could be necessary to stem rocket fire into…
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The sore losers club – Salon.com
The sore losers club – Salon.com. Sometimes, losing national candidates actually manage to enhance their reputations in defeat. The most famous example of this is probably Bob Dole, who growled his way through the 1996 campaign but then turned in a winning performance on David Letterman’s “Late Show” a few days after the election, giving…
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The Most Important Tax Break Is the One That Nobody Talks About – James Kwak – The Atlantic
The Most Important Tax Break Is the One That Nobody Talks About – James Kwak – The Atlantic. What do all of these proposals have in common? They pass silently over the most important loophole for the rich: artificially low tax rates on investment income, whether capital gains (profits from sales of assets) or dividends…
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From the 47% to ‘gifts’: Mitt Romney’s ugly vision of politics
From the 47% to ‘gifts’: Mitt Romney’s ugly vision of politics. During the campaign, Mitt Romney repeatedly promised seniors that he’d restore President Obama’s $716 billion in Medicare cuts. He promised them that, unlike Obama, he wouldn’t permit a single change to Medicare or Social Security for 10 years. He promised them, in other words,…
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McCain skips Benghazi briefing, gets testy when questioned by CNN – CNN Political Ticker – CNN.com Blogs
McCain skips Benghazi briefing, gets testy when questioned by CNN – CNN Political Ticker – CNN.com Blog When a top secret security hearing was going on over the Benghazi event, Sen. John McCain of Arizona, held a press conference in the Capitol to call for the creation of a Watergate-type special Congressional committee to investigate…
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It’s Time for the Republican Freakout Over Susan Rice to Stop | Mother Jones
It’s Time for the Republican Freakout Over Susan Rice to Stop | Mother Jones. The Washington Post, in a piece about how President Obama’s national security team is likely to shake out in the wake of David Petraeus’s departure and the expected resignation of Hillary Clinton, says that Susan Rice is his top pick to take…
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Congressman Butterfield Elected First Vice Chair of Congressional Black Caucus
WASHINGTON, D.C. – Earlier today, Congressman G. K. Butterfield (NC-01) was unanimously elected by his colleagues as First Vice Chair of the Congressional Black Caucus (CBC). As First Vice Chair, Butterfield will hold the number two position in the Caucus for the duration of the 113th Congress, which begins in January. Butterfield is presently Second…