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Second Iraq War vet hospitalized after Oakland protest

The Guardian reported on Friday that a second Iraq War veteran is in intensive care in an Oakland Hospital, with a lacerated spleen allegedly resulting from a beating by police during the protests on Wednesday night. This follows the case of Scott Olsen, who was shot in the head with…

Occupy Wall Street beset by rumors of police crackdown

By Sebastian Smith NEW YORK — Fears of a possible police crackdown spread Friday through New York’s Occupy Wall Street camp in the wake of violent clashes between police and protesters in California. The camp that popped up in Manhattan’s Zuccotti Park seven weeks ago, inspiring similar anti-Wall Street demonstrations…

CIA monitoring Twitter, Facebook for intel and tips

The Central Intelligence Agency is clandestinely gathering troves of information from social media sites, according to a huge report released Friday by The Associated Press’ Kimberly Dozier. Based out of an unassuming building in Virginia, a team known within the organization as the ”vengeful librarians” are tracking chat rooms, blogs, Facebook,…

Nation’s oldest Catholic newspaper retracts column saying devil may control gays

CONWAY, Mass (Reuters) – The nation’s oldest Roman Catholic newspaper retracted an opinion column that said the devil may be behind gay attraction after the essay was condemned as cruel and wrong by gay rights groups. The weekly paper, the Boston Pilot, which is run by the Archdiocese of Boston,…

U.S gets reprieve to deal with deficit, no downgrades for now

NEW YORK (Reuters) – Financial markets appear willing to give the United States something they offer fewer and fewer countries these days — time to get public finances in order. It remains to be seen how long investors will remain patient, but many are betting the respite will last until…

Texas state rep: ‘Don’t try to Jew them down’

A Texas legislator let one slip on Thursday when he presented his case for quick payments to storm damage victims by saying, “Don’t nitpick, don’t try to Jew them down.” State Rep. Larry Taylor (R), Chairman of the Joint Legislative Committee on Windstorm Insurance, made the comment during a hearing…

Former NJ Gov. Jon Corzine resigns from MF Global amid scandal

Wall Street star Jon Corzine resigned Friday as chief executive of bankrupt futures broker MF Global, the first major US casualty of the European debt crisis. Corzine, whose activities in the last weeks of the failing firm have attracted regulator scrutiny, stepped down four days after the company sought bankruptcy…

US unemployment rate drops to 9%

The US unemployment rate ticked down slightly to 9.0 percent last month, the Labor Department reported Friday, adding that a modest 80,000 jobs were created. Breaking three months of unemployment stuck at 9.1 percent, the October rate was modestly better than economists expected, but will provide little succor to President Barack Obama as he races to create jobs before 2012…

Oakland port reopens after Occupy protests

One of the United States’ busiest sea ports reopened, a day after being closed down by anti-Wall Street protests that again turned violent in Oakland, Californian. The Port of Oakland resumed full operations after the docks, the fourth biggest in the United States by cargo volume, were closed overnight as…

U.S. considers scaling back combat operations in Afghanistan

President Barack Obama’s advisers are debating a shift in the military’s mission in Afghanistan that would focus on advising Afghan forces while scaling back combat operations much earlier than planned, officials say. The potential change raises the possibility of a faster-paced drawdown of US troops, but administration officials insist it…

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