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Romney asks London hedge funds, bankers for financial support

BOSTON (Reuters) – Republican presidential hopeful Mitt Romney takes his fund-raising machine to London next month, holding a reception aimed at wealthy American expatriates working at banks and hedge funds. A handful of London fund-raisers were held during the 2008 presidential election cycle, but Romney’s event, scheduled for July 6,…

Obama to meet U.S. senate leaders on debt talks

WASHINGTON (AFP) – President Barack Obama is scheduled to meet leaders of the US Senate Monday in an attempt to break the impasse over raising the country’s debt limit, with a deadline fast approaching. Treasury Secretary Timothy Geithner has warned lawmakers they have until August 2 to raise the debt…

Poll surge boosts Bachmann to frontrunner status

WATERLOO, Iowa (AFP) – Michele Bachmann’s Republican presidential nomination bid received a boost with a poll showing her virtually tied with party frontrunner Mitt Romney in the key state of Iowa. The Iowa caucuses in early February are the first electoral event in the US presidential nomination process. They can,…

U.S. lightbulb rules spark new political fight

WASHINGTON (AFP) – With a January deadline looming on a US law mandating energy efficiency standards for lightbulbs, some political forces don’t want to turn out the lights. More than a dozen Republican lawmakers are backing efforts to repeal the 2007 law that requires bulbs to consume less energy. Meanwhile…

Cost of air conditioning for U.S. troops in MidEast more than NASA budget

The United States spends $20.2 billion annually on air conditioning for troops stationed in Iraq and Afghanistan — more than NASA’s entire budget, NPR reported. In fact, the same amount of money that keeps soldiers cool is the amount the G-8 has committed to helping the fledgling democracies in Tunisia…

Vandals slash tires of 51 gay pride parade floats in Chicago

This year, Pride Weekend — celebrated by the LGBT community on the last Sunday in June, as usual — has been extra-festive, owing to New York’s passage of equal marriage rights for same-sex couples. In Chicago, however, vandals tried to dampen the weekend’s celebrations by slashing the tires of 51…

Chris Christie: ‘I’m not a fan’ of marriage equality

When Republican New Jersey Governor Chris Christie appeared on NBC Sunday, he wasn’t celebrating the legalization of marriage equality in New York. “I am not a fan of same sex marriage, it’s not something I support,” Christie told NBC’s David Gregory. “I believe marriage should be between one man and…

TSA asked 95-year-old woman to remove adult diaper

UPDATE: TSA denies telling elderly woman to remove adult diaper A woman has filed a complaint with the Department of Homeland Security over how her elderly mother was detained and searched by Transportation Security Administration officers at the Northwest Florida Regional Airport last weekend. News Herald reported that Jean Weber…

McCain: Egypt’s military wants power transfer to elected leader

CAIRO — Egypt’s military rulers want to hand over powers to an elected government “as soon as possible,” US Senator John McCain said after talks on Sunday with the head of the Supreme Council of the Armed Forces. Power was transferred to the armed forces by former president Hosni Mubarak…

Pelosi: ‘Cantor can’t handle the truth’ on big oil subsidies

House Minority Leader Nancy Pelosi (D-CA) explained Sunday that Republicans had walked away from negotiations on raising the debt ceiling because Democrats had suggested closing special interest tax loopholes for big corporations. “Leader Cantor can’t handle the truth when it comes to these tax subsidies for big oil, for corporations…

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