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Obama praises ‘gang of six’ debt ceiling proposal

US President Barack Obama said Tuesday that “some progress” has been made in tough debt talks, as he congratulated a bipartisan group of senators busy hammering out a “balanced approach.” “Some progress was made, in some of the discussions. Some narrowing of the issues,” the president told journalists as Democrats…

Bachmann denies migraines ‘incapacitate’ her

Republican presidential candidate Michele Bachmann (R-MN) responded Tuesday to reports that she suffers from migraines, saying the condition would “not affect my ability to serve as Commander in Chief.” Tucker Carlson’s The Daily Caller published an anonymously sourced report Monday alleging that migraines “incapacitate” the Minnesota Republican for “days at…

Aaron Swartz, co-founder of Reddit, accused of stealing data from MIT

Aaron Swartz, the 24-year-old co-creator of popular Internet community Reddit, has been charged with stealing data from Massachusetts Institute of Technology (MIT) and faces up to 35 years in prison if convicted. The charges against Swartz include computer fraud, unlawfully obtaining information, wire fraud and recklessly damaging a protected computer.…

Bachmann: Divert black farmer money to flood victims

Republican presidential candidate Michele Bachmann (R-MN) used her tour of flood damage in Iowa Monday as an opportunity to assert that it was a waste to pay African American farmers who sued the government over discrimination. Bachmann and Rep. Steve King (R-IA) told reporters that funds intended for a 1999…

Pot-smoking diabetic woman receives $125,000 settlement after police abuse

A woman arrested for smoking pot on the Lower East Side last year actually came out of the ordeal not with a ticket, but instead with a $125,000 settlement check from the New York Police Department, the New York Post reported. The woman, Jaime Rutkowski, is diabetic. While police held…

Documents: Alleged anthrax killer lacked necessary equipment

Court documents filed this week by the Department of Justice claim that Dr. Bruce Ivins, an army scientist who allegedly mailed packages of anthrax spores to government officials and members of the press in 2001, did not possess the equipment necessary to have orchestrated the attacks. Despite the admission, discovered…

How kids helped elect Michele Bachmann

While Minnesota Rep. Michele Bachmann (R) is well-known for her small army of foster children, it’s another group of youngsters that she credits with her 2008 re-election, Mother Jones reported. It was the nearly six dozen 12 to 19-year-old homeschooled kids who went door to door for Bachmann who helped…

Attractive candidates have an advantage among some voters: study

Though then-vice presidential candidate Sarah Palin was chastised for spending campaign money on high heels and tight suits in 2008, and John Edwards was mocked for being caught fussing over his hair before a television appearance, they may have been onto something in trying to look their best. Results of…

Colbert: Fox News ‘blew the lid back on’ the News Corp. hacking story

On Monday night’s Colbert Report, Comedy Central host Stephen Colbert praised Fox News host Steve Doocy as a “voice of reason” in the News Corp. hacking scandals, helping to “blow the lid back on” the story. “We’ve got some serious problems in this country,” Doocy said during a recent broadcast.…

BofA posts second-quarter loss on mortgage settlement

CHARLOTTE, North Carolina (Reuters) – Bank of America Corp posted a second-quarter net loss after agreeing to an $8.5 billion settlement with mortgage bond investors. The largest U.S. bank by assets reported on Tuesday a net loss of $8.8 billion, or 90 cents per share, compared with net income of…

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