Archive for July, 2011

Perry Backs A Constitutional Limit On Marriage

Perry Backs A Constitutional Limit On Marriage

exas Gov. Rick Perry says he supports a constitutional amendment limiting marriage to a man and a woman, though just last week he said New York’s gay marriage law is fine with him. In an interview Saturday with The Associated Press, Perry said he supports federal limits on who can marry but also supports the [...]

July 31, 2011 | 0 Comments More
Pelosi ‘Clearly’ Backs 14th Amendment Option In Debt Standoff .

Pelosi ‘Clearly’ Backs 14th Amendment Option In Debt Standoff .

House Minority Leader Nancy Pelosi (D-Calif.) may not be pushing the issue publicly, but in private she “clearly” supports President Barack Obama using the Constitution to raise the debt ceiling as a last resort, according to one Democratic lawmaker. “Nancy clearly wants it,” said the lawmaker, who requested anonymity. “Publicly? No. Privately? She thinks the [...]

July 31, 2011 | 0 Comments More
24-year-old mother killed after truck ploughs into her and drives off

24-year-old mother killed after truck ploughs into her and drives off

A young mother died after being struck by a truck in a late night hit and run. Erika Hughes, 24, from Long Island, had been walking along a busy main road in Suffolk County at 11.59pm yesterday when the dark-coloured truck ploughed into her. The single mother of a toddler was sent flying across the [...]

July 30, 2011 | 0 Comments More
Consumer Sentiment Falls to Lowest Level in 2 Years

Consumer Sentiment Falls to Lowest Level in 2 Years

Consumer sentiment fell in July to its lowest point in more than two years, as anxieties over stagnant wages and rising unemployment deepened, a survey released on Friday showed. Concerns about the U.S. debt crisis also loomed large, as lawmakers in Washington continue to wrangle over plans to raise the debt ceiling before the government [...]

July 30, 2011 | 0 Comments More
The Goldman Sachs Traders Quit With Big Bonuses Drying Up

The Goldman Sachs Traders Quit With Big Bonuses Drying Up

NEW YORK, July 28 (Lauren Tara LaCapra) – More than a dozen traders have quit Goldman Sachs Group Inc’s (GS.N) North American government bonds and derivatives trading desk in New York in recent months as the bank takes fewer risks and big bonuses for ambitious traders dry up. Goldman has been handing out promotions and [...]

July 30, 2011 | 0 Comments More
Apple has more cash than the U.S. Now,Treasury as debt crisis continues

Apple has more cash than the U.S. Now,Treasury as debt crisis continues

Perhaps the U.S. government should start selling iPhones. As the endless negotiations over raising the debt ceiling stalled yet again, it emerged the U.S. Treasury officially has less cash than Apple. While Uncle Sam’s cash reserves fell to $74billion this week, the technology empire headed by Steve Jobs has a balance of $76billion. Need advice? [...]

July 30, 2011 | 0 Comments More
US Is Playing With Fire On Debt Limit, Says World Bank Chief

US Is Playing With Fire On Debt Limit, Says World Bank Chief

WASHINGTON (Lesley Wroughton) – The United States is courting calamity with the continuing stalemate in Congress over raising the country’s debt limit, the World Bank’s chief said on Friday. “Whatever the logic about the tactics, it’s a very dangerous environment,” Robert Zoellick told a meeting of the Society for International Development, adding that people were [...]

July 30, 2011 | 0 Comments More
US 2Q GDP Grows at 1.3% Rate, Missing Expectations

US 2Q GDP Grows at 1.3% Rate, Missing Expectations

The economy grew less than expected in the second quarter as consumer spending barely rose amid higher gasoline prices, and growth braked sharply in the prior quarter, a government report showed on Friday. Growth in gross domestic product — a measure of all goods and services produced within U.S. borders – rose at a 1.3 [...]

July 30, 2011 | 0 Comments More
Got $799000? You Could Buy A Town In South Dakota

Got $799000? You Could Buy A Town In South Dakota

Those who say money doesn’t go as far as it used to should take a look at this CNN story, pointed out by Yahoo News. The town of Scenic, South Dakota is now on sale for $799,000. The 12-acre town, established in 1906, includes a saloon, dance hall, museum, bunkhouse, two stores, a train depot, and two [...]

July 30, 2011 | 0 Comments More
Michele Bachmann tries to widen appeal ahead of crucial Ames straw poll,More than a Tea Party darling?

Michele Bachmann tries to widen appeal ahead of crucial Ames straw poll,More than a Tea Party darling?

She has soared to the top of the polls as the Tea Party favourite. But now Michele Bachmann is desperately trying to transform herself from a minority candidate into a plausible White House contender. She is seeking to widen her appeal ahead of the crucial Ames straw poll in Iowa next month, amid increasing speculation [...]

July 30, 2011 | 0 Comments More
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