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McConnell: Republicans will block debt ceiling again in 2013

In a Fox News interview yesterday, Senate Minority Leader Mitch McConnell (R-K.Y.) said that the debt crisis which threatened to destroy the global financial crisis was just a “template” for what Republicans hope to do in the future, when the U.S. debt ceiling comes up again. “No president, in the…

Olbermann on debt deal: ‘You’ve got to get mad!’

An outraged Keith Olbermann Monday urged his viewers to take to the streets to protest a recent deal between Republicans and Democrats to raise the nation’s debt ceiling. “We have, in this deal, declared that we hold these truths to be self-evident: that all political incumbents are created equal, that…

Gore: U.S. suffering from a ‘broken system’ of government

In an interview with progressive news host Keith Olbermann, former vice president and Current TV founder Al Gore called the U.S. system of government “broken” and “in real trouble,” delivering a passionate plea for Democratic voters to make the 2012 election a “referendum” on conservative tactics. “Money plays way too…

Government hankers to employ hackers

WASHINGTON (Reuters) – The National Security Agency has a challenge for hackers who think they’re hot stuff: prove it by working on the “hardest problems on Earth.” Computer hacker skills are in great demand in the U.S. government to fight the cyber wars that pose a growing national security threat…

U.S. troops in Iraq will need legal immunity: U.S. chief

BAGHDAD (Reuters) – Any agreement for U.S. troops to stay in Iraq beyond a year-end deadline for their withdrawal would require the Iraqi parliament to agree to grant American soldiers legal immunity, the top U.S. military officer said on Tuesday. Immunity for American troops staying on in Iraq could complicate…

New lead in 1970s US skyjacking case

The FBI is investigating a lead in an unsolved 1970s skyjacking where the hijacker escaped by parachuting out of a plane at night with $200,000 in cash and disappeared. The lead in the legendary “D.B. Cooper” case points to a man who died 10 years ago, the FBI said. If…

Top U.S. officer pushes for troop decision in Iraq

Iraq must decide on the future of the US troop presence in the country as soon as possible and include provisions on immunity for American soldiers, the top US military officer said in Baghdad on Tuesday. The remarks by Admiral Mike Mullen, outgoing chairman of the Joint Chiefs of Staff,…

U.S. Senate to hold 11th hour vote on debt plan

With only hours to go before a deadline, the US Senate is expected Tuesday to approve a massive austerity plan to avert a debt default that would have wreaked havoc through the global economy. The vote comes a day after the polarized US House of Representatives came down on a…

Shot U.S. lawmaker Giffords makes dramatic return for debt vote

Seven months after she was shot in the head, US lawmaker Gabrielle Giffords made a dramatic return to the House of Representatives on Monday to vote for a major austerity bill. The House chamber broke into a sudden standing ovation in the midst of voting as word spread that Giffords…

U.S. company profits surge, even as economy slows

Major US companies are packing away record profits even as the economy falters, unemployment remains high and the debt-ceiling crisis has shaken confidence in the country, analysts said. In July, corporate giants such as 3M, Caterpillar, Goodyear, Microsoft and Apple reported blockbuster results in the second quarter of 2011, though…

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