Friday, October 17, 2014

Larry Summers: Worry About Deflation Not Inflation | Here & Now

Larry Summers: Worry About Deflation Not Inflation | Here & Now: "On the national debt and spending

“We saw yesterday that the deficit was 2.8 percent of GDP. And that is smaller relative to GDP than we’ve had on average over the last 40 years. That’s a pretty good deficit figure.

“Are there issues for the long run? Yes there are. But we have had a massive excess of focus on financial debt, but I’m much more worried about the legacy we are leaving our children of inadequate infrastructure.”"

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Thursday, October 9, 2014

Study: Voter ID laws hit minorities - Associated Press - POLITICO.com

Study: Voter ID laws hit minorities - Associated Press - POLITICO.com: "-Found that in 17 states, the costs of acquiring the required ID’s ranged from $14.50 to $58.50;"



The office compared election turnout in Kansas and Tennessee — which tightened voter ID requirements between the 2008 and 2012 elections — to voting in four states that didn’t change their identification requirements.
It estimated that reductions in voter turnout were about 2 percent greater in Kansas and from 2 percent to 3 percent steeper in Tennessee than they were in the other states examined. The four other states, which did not make their voter ID laws stricter, were Alabama, Arkansas, Delaware, and Maine.
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Thursday, September 25, 2014

Dollar Rallying September 25 - Business Insider

Dollar Rallying September 25 - Business Insider: "The dollar is the hottest currency in the world, and it's booming again.

Major counterparts are all getting slammed."

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Dollar Rallying September 25 - Business Insider

Dollar Rallying September 25 - Business Insider: "The dollar is the hottest currency in the world, and it's booming again.

Major counterparts are all getting slammed."

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Tuesday, September 23, 2014

Iraq’s Government, Not Obama, Called Time on the U.S. Troop Presence | TIME.com

Iraq’s Government, Not Obama, Called Time on the U.S. Troop Presence | TIME.com: "President Barack Obama’s announcement on Friday that all 40,000 U.S. troops still in Iraq will leave the country by New Year’s Eve will, inevitably, draw howls of derision from GOP presidential hopefuls — this is, after all, early election season. But the decision to leave Iraq by that date was not actually taken by President Obama — it was taken by President George W. Bush, and by the Iraqi government. 

In one of his final acts in office, President Bush in December of 2008 had signed a Status of Forces Agreement (SOFA) with the Iraqi government that set the clock ticking on ending the war he’d launched in March of 2003."



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Bush's finest moment on Iraq: SOFA, not the surge

Bush's finest moment on Iraq: SOFA, not the surge: "I am willing to offer an alternative as Bush's finest hour in Iraq:  the Status of Forces Agreement.
Signing a Status of Forces Agreement requiring the full withdrawal of U.S. military forces from Iraq on a fixed three year timeline demonstrated a real flexibility on Bush's part. It demonstrated a pragmatism and willingness to put the national interest ahead of partisanship that few of us believed he possessed. It is largely thanks to Bush's acceptance of his own bargaining failure that Barack Obama will inherit a plausible route to successful disengagement from Iraq. 
Conservatives now like to claim the SOFA as a "Bush-negotiated" success. But Bush entered the SOFA negotiations looking for something entirely different than what emerged at the end. The U.S. went into the SOFA talks intent on obtaining legitimacy for a long-term military presence in Iraq once the Security Council mandate ended. When negotiations began, it was widely assumed that Bush would extract from the Iraqis an agreement which made the removal of U.S. troops entirely contingent upon American assessments of conditions on the ground.  There were widespread discussions of permanent U.S. bases and a Korea-style presence for generations, an assumption that the U.S. would retain a free hand in its operations, and an absolute rejection of an Obama-style timeline for withdrawal."



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Monday, September 22, 2014

In Tense Woods, Pennsylvania State Police Shift From Prey to Hunters - NYTimes.com

In Tense Woods, Pennsylvania State Police Shift From Prey to Hunters - NYTimes.com: "On Sunday, the state police announced some progress in their pursuit of the suspect, Eric M. Frein, 31, whose otherwise unremarkable face appears on billboards and posters throughout the area. Lt. Col. George Bivens said that trackers had discovered a few items that the suspect had abandoned or stowed away in the wooded shadows, including a military-style rifle and some ammunition."

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