Statement From President Obama on Ted Kennedy
Michelle and I were heartbroken to learn this morning of the death of our dear friend, Senator Ted Kennedy.
For five decades, virtually every major piece of legislation to advance the civil rights, health and economic well being of the American people bore his name and resulted from his efforts.
I valued his wise counsel in the [...]
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CIA Responds To Abuse Allegations
Statement to Employees by Director of the Central Intelligence Agency Leon E. Panetta on Release of Material on Past Detention Practices
Today, as part of a number of Freedom of Information Act cases, the government is responding to court orders to release more documents related to the Agency’s past detention and interrogation of foreign terrorists. The [...]
Bernanke To Stay On As Fed Chairman
Statement by Chairman Ben S. Bernanke:
Thank you, Mr. President.
I would like to express my gratitude to President Obama for the confidence he has shown in me with this nomination and for his unwavering support for a strong and independent Federal Reserve.
It has been a particular privilege for me to serve with extraordinary colleagues throughout the [...]
New Found Planet Going the Wrong Way?
A newly found “ultra-low density planet is in a probable retrograde orbit”. All known planets rotate in the same direction as the stars. All known planets except for one — WASP-17. The knewly found planet was discovered by a graduate student under the direction of Coel Hellier of Keele University.
“This planet is [...]
Fed Sees Economy Leveling Out
Washington, DC — Information received since the Federal Open Market Committee met in June suggests that economic activity is leveling out. Conditions in financial markets have improved further in recent weeks. Household spending has continued to show signs of stabilizing but remains constrained by ongoing job losses, sluggish income growth, lower housing wealth, and tight [...]
Donald Trump: The Art Of A Steal
Atlantic City, NJ — Someone recently asked me, “How did Donald Trump get all his money.” The reply, “Taking everybody else’s money by going public with a company. Then, watching the people lose all their money while the company goes bankrupt.”
Now, The Donald is adding another twist by buying back the bankrupt [...]