Monday, March 02, 2009

SPB News for Monday.



AIG to get next bailout: $30b
4th rescue for AIG since September, government has 80% stake.

Stanford's CFO refuses to cooperate
Stanford and Davis have yet to be charged for Ponzi scheme.

SLIDESHOW: Conservative Activists Party Like It's 1999 At CPAC 2009

Burris Speaks To Supporters At Chicago Church

Revealed: 'There was no Cabinet debate in run-up to war,' says Short as Government refuses to release minutes The Government is refusing to release minutes of Cabinet meetings before the Iraq War because they would reveal there was no discussion on the issue. Details surrounding two crucial meetings on the eve of the conflict were laid bare for the first time yesterday when former Cabinet Minister Clare Short, who was present at both, gave a full account of what happened. She told The Mail on Sunday the main reason for the 'scandalous' decision not to publish the minutes was not to protect confidential discussions about the war, but to cover up the fact there was no such discussion.
Iran's supreme leader warns against "long-term" U.S. stay in Iraq Iran's Supreme Leader Ayatollah AliKhamenei warned Saturday that the United States was planning a "long-term stay" in Iraq, Iran's Press TV reported. "The occupiers are preparing the ground for a long-term stay in Iraq. This is a serious matter which Iraqi authorities should not neglect," Khamenei said in a meeting with visiting Iraqi President Jalal Talabani.

Emanuel: Rush is the GOP's brain — White House Chief of Staff Rahm Emanuel charged Sunday that conservative radio host Rush Limbaugh is “the voice and the intellectual force and energy behind the Republican Party.” — Emanuel, speaking in deliberately soothing tones, told anchor Bob Schieffer on CBS's …

Brown woos Obama on global deal — GORDON BROWN hopes to forge a partnership with President Barack Obama in Washington this week, to call for a “global new deal” to lift the world out of recession. — As he prepares for his first White House visit since the president's inauguration

Orszag: Deficit Will Go Down In Near Future
Appearing on This Week, White House Budget Director Peter Orszag reaffirmed the White House's projections that they can cut the deficit in half in the next few years, as the economy recovers and the Bush tax cuts expire. "We've got both spending constraints and additional revenue, as the economy recovers," Orszag explained. "That's where a lot of the deficit reduction comes from."
Last week's poll had asked:
British film Slumdog Millionaire won eight Oscars including best director and best picture. Do you agree with the Oscar choices? The majority of the readers answered no. New poll is now up.

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