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O’Reilly: Social Security ‘isn’t exactly a Ponzi scheme, but it’s close’

In Bill O’Reilly’s universe, Social Security isn’t a Ponzi scheme — it just plays one on TV. On Monday evening, the Fox host defended Rick Perry from campaign rivals’ attacks on the Texas governor. And O’Reilly made certain to emphasize his support for Perry and his controversial statements on the…

O’Reilly: Social Security ‘isn’t exactly a Ponzi scheme, but it’s close’

In Bill O’Reilly’s universe, Social Security isn’t a Ponzi scheme — it just plays one on TV. On Monday evening, the Fox host defended Rick Perry from campaign rivals’ attacks on the Texas governor. And O’Reilly made certain to emphasize his support for Perry and his controversial statements on the…

Iran judiciary denies U.S. hikers’ release is imminent

TEHRAN (Reuters) – Iran’s judiciary said on Wednesday the release on bail of two U.S. citizens convicted of espionage was not imminent, state media reported, rejecting President Mahmoud Ahmadinejad’s announcement that they will be freed in a couple of days. Analysts say the contrast between the judiciary’s statement and Ahmadinejad’s…

Fight brewing over U.S. offshore profit taxation

WASHINGTON (Reuters) – Large U.S. corporations are pressuring Congress and the White House to exempt overseas corporate profits from taxes, a policy shift that critics say would hurt the economy and increase the federal deficit. A fight is shaping up between supporters of territorial taxation, as this policy proposal is…

FBI interrogator: 9/11 could have been prevented

In an interview with Current TV’s liberal news host Keith Olbermann, former FBI interrogator Ali Soufan — who was pulled off terrorist interrogations by the Bush administration in the months before the CIA began torturing suspects — claimed the attacks of Sept. 11, 2001 could have been prevented if he’d…

Release of key BP oil spill report expected soon

WASHINGTON (Reuters) – The results of a pivotal federal U.S. probe of last year’s massive BP oil spill could be released as early as Wednesday, according to a source familiar with the matter. The final report from U.S. Coast Guard and Bureau of Ocean Energy Management(BOEM) investigators has been heavily anticipated by investors eager for clues…

Battle in Kabul heightens Afghan security fears

A deadly 19-hour Taliban assault on Kabul that turned its most heavily secured district into a battle zone has heightened fears the government is unable to protect the country as foreign troops depart. Insurgents managed to occupy a high-rise building site that towers over the US embassy and NATO’s headquarters…

Ambassador says U.S. embassy attack in Kabul ‘no big deal’

United States ambassador to Afghanistan Ryan Crocker said Wednesday that his embassy was hit with six grenades in a Taliban attack, but played down the insurgents’ raid as “not a very big deal”. The attack launched on Tuesday lasted for 19 hours and left 14 people dead in a barrage…

Jackie Kennedy disliked de Gaulle, India’s Gandhi

The wife of assassinated US president John F. Kennedy did not care for French leader Charles de Gaulle or India’s Indira Gandhi, according to newly-released taped interviews. The interviews with Jacqueline Kennedy, recorded months after the 1963 assassination of her husband and aired for the first time by ABC News,…

Taiwan crash sparks calls for U.S. jets sale

The crash of two Vietnam War-era jets in Taiwan that killed three sparked calls for the US to sell the island new planes and save its pilots from “risking their lives” in old aircraft. The defence ministry’s plea for advanced aircraft to defend the exposed island from its giant neighbour…

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