Saturday, March 20, 2010

Black Members: Tea Partiers Used N-Word

“They were shouting the N-word,” Carson said. “It was like a page out of a time machine.” Carson said Capitol Police surrounded the group and escorted them across the street to the Capitol.

The lawmaker said he didn’t feel physically threatened though he was concerned for Lewis. But he added Lewis, a veteran of the civil rights movement, remained calm, telling him, “I’m being reminded of an old time.”

Thousands of tea party activists descended on the Capitol complex today to register their opposition to the health care overhaul.

Proposed Changes in the Final Health Care Bill - NYTimes



To avoid the threat of a filibuster by Senate Republicans, Democratic leaders are planning to pass health care overhaul in a three-step process. Under this plan, the House would pass the health bill approved in December by the Senate, and both chambers would approve a separate package of changes in a budget reconciliation measure, which could be adopted by a simple majority. A look at key provisions of the Senate bill and the changes proposed in the reconciliation bill unveiled Thursday:

Link

7 banks fail; year's total at 37


Federal regulators shut down seven banks in five states on Friday, bringing to 37 the number of bank failures so far this year.

The closings follow the 140 banks that succumbed in 2009 to mounting loan defaults and the recession.

The Federal Deposit Insurance Corporation took over the First Lowndes Bank, in Fort Deposit, Ala.; the Appalachian Community Bank in Ellijay, Ga.; the Bank of Hiawassee, in Hiawassee, Ga.; and the Century Security Bank in Duluth, Ga.


The agency also closed down the State Bank of Aurora, in Aurora, Minn.; the Advanta Bank Corporation, based in Draper, Utah; and the American National Bank of Parma, Ohio.

Saturday, March 13, 2010

Federal News Radio 1500 AM: China to bid on US high-speed rail projects


Federal News Radio 1500 AM: China to bid on US high-speed rail projects

Pro-life group urges Congress to pass Senate health care bill | National Catholic Reporter

Pro-life group urges Congress to pass Senate health care bill | National Catholic Reporter
Twenty-five pro-life Catholic theologians and Evangelical leaders yesterday sent letters to members of Congress urging them not to let misleading information about abortion provisions in the Senate health care bill block passage of sorely-needed reform.
Catholics in Alliance for the Common Good, a Washington-based advocacy group, said that the Senate health bill upholds abortion funding restrictions and supports pregnant women.
The letter included a page by page analysis of the Senate bill as it pertains to abortion.
The group asked members of Congress “to make an informed decision about this legislation based on careful deliberation guided by facts.”

Federal News Radio 1500 AM: China to bid on US high-speed rail projects

Federal News Radio 1500 AM: China to bid on US high-speed rail projects

Saturday, March 6, 2010

Four U.S. Banks Shut Down as Failure Count This Year Reaches 26 - Bloomberg.com

Four U.S. Banks Shut Down as Failure Count This Year Reaches 26 - Bloomberg.com: "Four U.S. Banks Shut Down as Failure Count This Year Reaches 26"

Regulators shut banks in Maryland, Illinois, Florida and Utah, pushing the number of U.S. failures to 26 this year and placing more pressure on the Federal Deposit Insurance Corp. to dispose of a growing pile of toxic assets.

The FDIC was unable to find buyers for two banks -- Centennial Bank in Ogden, Utah, and Waterfield Bank of Germantown, Maryland -- according to statements posted on the agency’s Web site. In the largest of yesterday’s failures by assets, Boca Raton, Florida-based Sun American Bank was purchased by First-Citizens Bank & Trust Co.

Monday, March 1, 2010

Hundreds pack church to say goodbye to plane crash victim

Hundreds pack church to say goodbye to plane crash victim

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A short summary of Hunter's life was read aloud by his neighbor, Amy Sweet, who said Hunter was born to a cotton worker and minister in South Carolina. He spent 20 years in the Army before working for the IRS for 28 years in El Paso and Austin.