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CBS: Wall Street caused oil price spike

The historic swings in oil prices last year were the result of financial speculation from Wall Street and not supply and demand. CBS’ Steve Kroft investigates. This video is from CBS’ 60 Minutes, broadcast Jan. 12, 2009. Download video via RawReplay.com…

Sen. Dodd: Obama stimulus plan ‘about right’

Sen. Chris Dodd, Chairman of the Senate Banking Committee, joined CBS’ Maggie Rodriguez to talk about president-elect Barack Obama’s stimulus package. Dodd supports Obama’s plan to deal with the economy. “I suppose each one of us might write it a bit differently, but the fact that there are some tax…

Bush warns GOP to be more ‘open-minded’

As President Bush prepares to leave office, he had some words of caution for the Republican Party. Bush believes that Republicans should open-minded as they struggle to remake the party. “It’s very important for our party not to narrow its focus, not to become so inward looking that we drive…

Obama vows to tackle Middle East ‘on day one’

WASHINGTON (AFP) – US president-elect Barack Obama on Sunday vowed to take swift action on the Middle East peace process and Iran’s nuclear ambitions but played for time to shut down the Guantanamo Bay prison camp. In an interview with ABC’s This Week program broadcast Sunday, Obama defended his reluctance…

George Will: Obama on torture like Ford pardon of Nixon

Conservative commentator George Will see similarities between president-elect Barack Obama’s suggestion that he will probably not prosecute the Bush administration for torture to president Gerald Ford pardon of Richard Nixon. “With regard to investigating the Bush administration, he’s made the decision that Gerald Ford made with regard to pardoning Richard…

Obama not likely to prosecute torture

President-elect Barack Obama suggested that he prosecuting torture committed by the Bush administration would not be a priority for him. “We have not made final decisions, but my instinct is for us to focus on how to we make sure we’re moving forward, we are doing the right thing. that…

Bush says torture still necessary

President George W. Bush told Fox’s Brit Hume that he approved enhanced interrogation tactics for suspected terrorists like Khalid Sheikh Mohammed. Bush explained, “My view is the techniques were necessary and are necessary.” Many critics view waterboarding and other enhanced interrogation tactics approved by Bush to be torture. The president…

Blagojevich: Impeachment ‘not a surprise’

Gov. Rod Blagojevich made a statement to the press about being impeached by the Illinois state House earlier today. “The houses action today was not a surprise. It was a foregone conclusion,” explained Blagojevich. The governor said that he was sure he would be vindicated. Blagojevich ended the press conference…

Clearest video so far of BART shooting

A video being distributed on the internet showing the shooting of Oscar Grant by BART police is the clearest so far. Carlos Miller posted a report on the new video on his blog: BART police officer Johannes Mehserle appears to be trying to handcuff him. A second cop appears to…

Blagojevich goes jogging after being impeached

The Illinois state House voted to impeach Gov. Rod Blagojevich, 144-1. This video is from MSNBC’s News Live, broadcast Jan. 9, 2009. Download video via RawReplay.com…

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