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Protesters besiege Wall Street, pledging ‘long term’ occupation

After a “day of rage” on Friday that saw over 5,000 protesters march through Wall Street, only to be rebuffed by a police barricade, organizers say their struggle has only just begun. Presently encamped one block from the Federal Reserve are several hundred protesters, in a tent city that’s sprung…

Moody’s stays negative on states, local governments

(Reuters) – Even though the recession officially ended more than two years ago, the still-weak U.S. economy and a pullback in federal support means the outlook for states and local governments remains negative, Moody’s Investors Service said on Monday. The two sectors of the $3.7 trillion U.S. municipal bond market…

U.S. families call for courts martial over deadly mission

Family members of US war dead from a disastrous Afghan mission — from which a young Marine got the highest US military decoration — called Sunday for senior officers to be court-martialed. Former marine sergeant Dakota Meyer, 23, defied orders and repeatedly drove into a village despite a Taliban firestorm…

U.S. presses Pakistan for action on Haqqani network

US Secretary of State Hillary Clinton pressed Pakistan to take action against Haqqani militants the United States blames for an attack on the US embassy in Kabul, officials said. Clinton met in New York with Pakistani Foreign Minister Hina Rabbani Khar for 3.5 hours of “very substantial” and “very candid”…

Obama to call for $3 trillion in deficit savings

President Barack Obama will Monday call for new deficit cuts of $3.0 trillion but warn Republicans he will veto any bill that trims healthcare for the elderly without hiking taxes on the rich. In a speech in the White House Rose Garden, Obama will ignite a new clash with political…

PETA to launch porn site in name of animal rights

NEW YORK (Reuters) – People for the Ethical Treatment of Animals, no stranger to attention-grabbing campaigns featuring nude women, plans to launch a pornography website in the name of animal rights. The nonprofit organization, whose controversial campaigns draw criticism from women’s rights groups, said it hopes to raise awareness of…

Child abuse climbs with recession: study

NEW YORK (Reuters Health) – As the U.S. economy began to tank, the number of abused kids landing in the hospital with severe brain injuries spiked, a new study shows. Anecdotes linking child abuse to the recession have surfaced before, but there had been no hard data to back the…

Families call for courts martial over Afghan ambush

WASHINGTON — Family members of US war dead from a disastrous Afghan mission — from which a young Marine got the highest US military decoration — called Sunday for senior officers to be court-martialed. Former marine sergeant Dakota Meyer, 23, defied orders and repeatedly drove into a village despite a…

Black caucus chair: We’d ‘be marching on the White House’ if not for Obama

The Congressional Black Caucus is growing increasingly frustrated with a black unemployment rate of nearly 17% — almost twice the national average. Even the group’s chairman, Rep. Emanuel Cleaver (D-MO), believes they’d already be leading a march on Washington if not for a desire to avoid weakening President Obama. “If…

Fed debates approach as inflation fears grow

A fight looms Tuesday in the US Federal Reserve as policy makers wrestle over whether the threat of inflation should prevent them from feeding more money into the economy to boost jobs. While one camp on the Federal Open Market Committee is believed to favor a hopefully stimulative economic measure…

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