Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Save to My Library
Look up keyword
Like this
3Activity
0 of .
Results for:
No results containing your search query
P. 1
Liberty Newspost Feb-08-2011

Liberty Newspost Feb-08-2011

Ratings: (0)|Views: 84 |Likes:
America's daily newstablet edition. A compelling mix of news. Easy to read. Great content.
America's daily newstablet edition. A compelling mix of news. Easy to read. Great content.

More info:

Published by: Liberty Newspost Corp. on Feb 08, 2011
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

02/09/2011

pdf

text

original

 
Newstablet Editionhttp://www.LibertyNewspost.com- 08/02/11
Submitted at 2/8/2011 10:04:05 AM
It didn’t take Rand Paul long tobecomeCaptain Americaof theU.S. Senate. He’s tough-minded,strong-willed and he’s ready tobattle the most dangerous titanson the political landscape, likeSocial Security and Medicare.In fact, the Republican Tea Partyfavorite from Kentucky tellsMSNBC’s “Morning Joe”thatacourageous and comprehensiveplanfor fixing America’s publicfinances will soon be on themarch. And if all goes as planned,much may be accomplishedbefore the start of this year’sMajor League Baseballseason.“Within two to three weeks, I’mgoing to propose a fix for SocialSecurity,” says Rand, son of Ron,who has already far surpassed thefiscal aims of the Republicanleadership on Capitol Hill byproposing $500 billion in budgetcuts.“We’re going to fix the budget thefirst week. The second month, I’mgoing to fix Social Security andthen the third month, we’re goingto work on Medicare,” he adds,with tongue somewhat in cheek.At the moment, his blueprint forMedicare still amounts to “asecret plan.” But on SocialSecurity, we can expect whatother Republicans are avoiding:an increase in the retirement ageand means testing for wealthierbeneficiaries.Paul says the difference betweenhim and other Republicans is thathe’s “unafraid” of voter reaction:“If you talk frankly and speak boldly, you’ll get more people tovote for you.”Another important difference isthat his brave ambitious plans areunlikely to succeed at a time whencongressional leaders seemincreasingly unwilling to considerlarge-scale reductions. Look at itthis way: the GOP’s boldcampaign pledge to cut 2011spending by $100 billion shrank first to about $50 billion and nowto $32 billion.So the senator can talk tough onspending without voters feelingthe material effects of his fiscalhigh-mindedness.Still, he makes an interestingpoint about his fellowRepublicans as they strive inearnest to distinguish their deficit-cutting policies from those of President Barack Obama.“If the president gets his way,over the next five years we addnearly $4 trillion worth of debt. If the Republicans get their way, weadd $3 trillion worth of debt,”Paul says.And he adds,perhapswith fansof mixed-metaphors in mind:“The Republican plan is better.But it’s still too little and we’redrowning under a mountain of debt.”Reuters Photo Credits: JasonReed (Captain America);Jonathan Ernst (Rand Paul);Kevin Lamarque (John Boehnerand Mitch McConnell)Click herefor more politicalcoverage from ReutersThis entry passed through theFull-Text RSSservice — if this isyour content and you're reading iton someone else's site, please readour FAQ page atfivefilters.org/ content-only/faq.php Five Filtersfeatured article:Collateral Damage - WikiLeaks InThe Crosshairs.
Submitted at 2/8/2011 12:40:16 PM
AP - A young leader of Egypt'santi-government protesters, newlyreleased from detention, joined amassive crowd in Cairo's TahrirSquare for the first time Tuesdayand was greeted with cheers,whistling and thunderousapplause when he declared: "Wewill not abandon our demand andthat is the departure of theregime."
Submitted at 2/8/2011 12:40:16 PM
AP - A young leader of Egypt'santi-government protesters, newlyreleased from detention, joined amassive crowd in Cairo's TahrirSquare for the first time Tuesdayand was greeted with cheers,whistling and thunderousapplause when he declared: "Wewill not abandon our demand andthat is the departure of theregime."
 
2Newstablet Edition
Submitted at 2/7/2011 5:04:17 PM
If only he’d sent fruitcake…President Barack Obama isclearly trying to make nice withthe business community and hepromised the Chamber of Commerce a new friendly eraafter two years of coldness.The White House and U.S.Chamber of Commerce can seeeach other across a park, but untilrecently acted like the other wason the wrong side of the tracks.But it’s never too late to make-upin Washington, where yesterday’senmities are often tomorrow’salliances.Obama handled it with humor. “Itis good to be here today at theChamber of Commerce. I’m herein the interest of being moreneighborly.”“I strolled over from across thestreet, and look, maybe if we hadbrought over a fruitcake when Ifirst moved in, we would havegotten off to a better start. But I’mgoing to make up for it,” Obamasaid.Perhaps fruitcakes could be thenew balm to soothe political spats.Maybe Republicans should sendfruitcakes to their new Tea Partycolleagues on Capitol Hill. Andthe White House could send afruitcake to new House SpeakerJohn Boehner as a sign of intenton bipartisanship.Warm and sincere words are niceand everything, but anyone who’shad a fruitcake knows it lastsforever.Here are our top stories fromWashington today…Obama tries to woo business,assails ‘burdensome’ taxPresident Obama stepped upefforts to woo the businesscommunity, seeking their help totackle “burdensome” corporatetaxes, but offering no newinitiatives. Obama, on a drive towin over business andindependent voters before the2012 presidential election, alsorepeated a promise to advancetrade deals with Panama andColombia that would helpcompanies. “Another barriergovernment can remove is aburdensome corporate tax codewith one of the highest rates in theworld,” Obama told the powerfulU.S. Chamber of Commerce,reiterating a pledge from his Stateof the Union address last month.For more of this story by AlisterBull and David Morgan, readhere.Senate memo shows hard roadfor Dodd-Frank foesThe steep uphill climb faced byRepublicans in trying to roll back last year’s Dodd-Frank law wasmade clear by a memo from theSenate Banking Committeepledging to protect financialreforms. The agenda memo,obtained by Reuters, showed thecommittee will examine much thesame issues being targeted by itscounterpart panel in theRepublican-controlled House —but with different goals. TheSenate panel will focus onassuring that “the letter and thespirit of the law are beingimplemented by the regulatoryagencies,” the memo said.For more of this story by KevinDrawbaugh, readhere.Big US banks face delayedbonusesRegulators made their mostforceful attempt yet to clampdown on bank bonuses since the2007-2009 financial crisis, but theproposals pale in comparison toharsher restrictions already set inEurope. The FDIC proposed thatexecutives at the largest financialinstitutions have half of theirbonuses deferred for at least threeyears. But the U.S. plan ismarkedly softer than the EU,which in December set guidelinesthat top bankers be limited toreceiving 20 percent of theirannual bonuses upfront in cash,with some exceptions.For more of this story by DaveClarke, readhere.AOL to buy The Huffington Postfor $315 millionAOL will buy AriannaHuffington’s influential websitefor $315 million, looking to thehigh-profile liberal pundit torescue it from the dustbin of Internet history. The move comesat a hefty premium. AOL isestimated to be paying 32 timesearningsbefore interest, taxes,depreciation and amortization forThe Huffington Post, saidBenchmark Co analyst ClaytonMoran. “AOL just spent 40percent of their cash for very littlenear-term return,” said Moran.For more of this story byAnthony Boadle and JenniferSaba, readhere.Obama sees progress in Egyptpolitical talksPresident Obama said talks toresolveEgypt’s crisis weremaking progress despite fewconcrete advances betweenPresident Hosni Mubarak’sgovernment and protestersdemanding his immediate ouster.“Obviously, Egypt has tonegotiate a path and they’remaking progress,” Obama saidwhile returning to the WhiteHouse after a speech.For more of this story by AndrewQuinn and Matt Spetalnick, readhere.Republican governors take onU.S. insurance exchangesAs Republican governors take onthe healthcare reform law incourts, they are also challenging iton the administrative side, with 21registering discontent withinsurance exchanges in a letter toHHS Secretary Kathleen Sebelius.The reform act “is seriouslyflawed, favors dependency overpersonal responsibility, and willultimately destroy the privateinsurance market,” the governorswrote in the letter. They addedthat if Sebelius does not agreewith their requests formodifications, then thegovernment “should beginmaking plans to run exchangesunder its own auspices.”For more of this story by LisaLambert, readhere.FCC looks to revamp rural phoneservice subsidySome 24 million Americans livein areas not served by broadbandservice, but a modernized,streamlined universal serviceprogram could begin to bridgethese gaps in infrastructure, FCCChairman Julius Genachowski
Headline/ 
WASHINGTON page 3
 
3Newstablet Edition
WASHINGTON
continued from page 2
said. He laid out a plan forrevamping the $8 billion universalservice fund — paid for throughfees added to consumers’telephone bills to subsidizelandline phone service for low-income and rural families — in aspeech at the InformationTechnology and InnovationFoundation.For more of this story by JasminMelvin, readhere.Panel OKs final duties on Chinadrill pipeA trade panel approved combinedfinal duties ranging up to nearly450 percent on steel drill pipefrom China used in oil production.The U.S. International TradeCommission said there wassufficient evidence U.S.companies are threatened withharm by unfairly low pricedcompetition from China.For more of this story by DougPalmer, readhere.What we are blogging…California Democrat JaneHarman plans to step down fromCongressDemocrat Jane Harman plans toresign from her congressional seatrepresenting California’s 36thdistrict if she is named to head aWashington think tank. In a letterto constituents, Harman said shehad filed paperwork notifying theHouse that she is in discussions tobecome president and CEO of theWoodrow Wilson InternationalCenter for Scholars.“This is anexcruciating decision because thedistinction of representing thesmartest constituents on earth willnever be surpassed – nor will myrelationships with my exceptionalstaff and colleagues in Congress.But shaping and leading theWilson Center is a thrilling newchallenge,” she writes.For Tabassum Zakaria’s full post,click here.From elsewhere…Geithner urged Brazil to lobbyChina on yuan: sourceTreasury Secretary TimothyGeithner urged Brazilian officialsto lobby China to let its currencyappreciate, a Brazilian officialwith direct knowledge of thediscussions told Reuters. In ameeting with Brazilian FinanceMinister Guido Mantega,Geithner argued that theundervalued yuan is just as muchas a problem for Brazil as it is forthe United States, and urgedBrazil “to lobby the Chinese tocorrect that situation,” the sourcesaid on condition of anonymity.Mantega replied: “We’re againstmanipulating exchange rates,” thesource added.For this story, readhere.Photo credit: Reuters/Jim Young(Obama walks through park toWhite House after addressingChamber of Commerce)This entry passed through theFull-Text RSSservice — if this isyour content and you're reading iton someone else's site, please readour FAQ page atfivefilters.org/ content-only/faq.php Five Filtersfeatured article:Collateral Damage - WikiLeaks InThe Crosshairs.
Submitted at 2/8/2011 11:40:58 AM
NEW YORK – Keith Olbermann,who last month abruptly left hisMSNBC talk show, is headed tothe Current TV public-affairschannel to do a similar politicallypointed show.Current announced Tuesday thatOlbermann will host a prime-timenews and commentary show eachweeknight. His program willbegin late this spring.The network said Olbermann willalso serve as chief news officerand have an equity stake inCurrent Media.The outspoken Olbermann hadbeen at MSNBC since 2003,where his nightly "Countdown"was the top-rated program andhelped mold that network as a left-leaning alternative to Fox NewsChannel. But his relationship withnetwork bosses was stormy.Current, co-founded in 2005 byformer Vice President Al Gore, isnow revamping its little-seenschedule. The addition of Olbermann could raise its profileamong viewers. It is nowavailable in about 60 millionhomes, a little more than half of the nation's homes with television.The show has no name yet or setstarting time. Olbermann said itwill be similar to what he hadbeen doing at "Countdown."An MSNBC spokesman said thenetwork had no comment onOlbermann's move.___Current TV is owned by CurrentMedia.___Online: http://current.comThis entry passed through theFull-Text RSSservice — if this isyour content and you're reading iton someone else's site, please readour FAQ page atfivefilters.org/ content-only/faq.php Five Filtersfeatured article:Collateral Damage - WikiLeaks InThe Crosshairs.
Submitted at 2/8/2011 12:29:42 PM
AFP - Hundreds of thousands of demonstrators flooded Cairo'siconic Tahrir Square and townsacross Egypt on Tuesday, in thebiggest show of defiance toEgyptian President HosniMubarak since the revolt began.
Submitted at 2/8/2011 12:40:21 PM
AP - President Barack Obama iscalling for a six-year, $53 billionspending plan for high-speed rail,as he seeks to use infrastructurespending to jumpstart jobcreation.
Top News/ 

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->