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Corporate America has best quarter in US history as real unemployment rate soars

Even amid the most turbulent economic conditions since the Great Depression, US corporate profits are at an all time high, according to a Tuesday report [PDF link] by the US Bureau of Economic Analysis. At the same time, America’s poor and middle classes are under siege, with a mostly stagnant job…

Krugman: Obama has embraced conservative worldview

New York Times columnist Paul Krugman says President Barack Obama has adopted a right-wing mindset on American politics and is allowing conservative “mythology” to instruct his view of US history. The Nobel Prize-winning economist and superstar commentator of the left excoriated Obama’s allegation that President Franklin Roosevelt initially dragged his…

Murkowski emerges as winner in Alaska Senate race

Murkowski wins Alaska Senate race to make history as victorious write-in candidate Sen. Lisa Murkowski on Wednesday became the first Senate candidate in more than 50 years to win a write-in campaign, emerging victorious over her tea party rival following a painstaking, week-long count of hand-written votes. The victory completes…

Cheney: History beginning to ‘come around’ on ‘stand up guy’ Bush

Dick Cheney thinks the sun of history is beginning to shine on his former boss. Speaking at a groundbreaking ceremony for the George W. Bush presidential center in Dallas, Cheney said that “history is beginning to come around” to a rosier view of Bush’s presidency. Cheney asserted that history’s view…

Caught: Rush Limbaugh makes race baiting comment about Obama: ‘Gang’ making ‘graffiti’

Rush Limbaugh is adept with words. In a little noticed comment on his radio show, posted Monday on his website, Limbaugh appears to race bait the president by linking him to a “gang” creating “graffiti” on the “walls of American history.” “This guy is an utter wrecking ball all by…

BP quarterly profit nears $2 billion despite largest oil spill in history; Cost replacement profit actually rises

British Petroleum, the oil juggernaut responsible for the worst oil spill in history, posted a nearly $2 billion profit for the third quarter, despite the fact it has been dealing with the costs of its massive spill. “The U.K.-based energy giant said net profit for the three months ended Sept.…

WikiLeaks plans ‘major’ announcement in Europe

WikiLeaks plans ‘major’ documents announcement as Pentagon braces for massive Iraq war leak The WikiLeaks website appears close to releasing what the Pentagon fears is the largest cache of secret U.S. documents in history — hundreds of thousands of intelligence reports compiled after the 2003 invasion of Iraq. In a…

Study: Audio recordings of US history fading fast

Study: Sounds of US history at great risk, even in digital age; includes Ellington, Crosby New digital recordings of events in U.S. history and early radio shows are at risk of being lost much faster than older ones on tape and many are already gone, according to a study on…

Contractor deaths exceed military ones in Iraq, Afghanistan this year

More private contractors than soldiers were killed in Iraq and Afghanistan in recent months, the first time in history that corporate casualties have outweighed military losses on America’s battlefields. More than 250 civilians working under U.S. contracts died in the war zones between January and June 2010, according to a…

Texas board looks to ban ‘pro-Islamic bias’ from school books

Led by a conservative majority, the Texas Board of Education is stepping into the national media furor over a rising tide of anti-Muslim sentiment in the United States, gearing up to vote later this week on whether or not “pro-Islamic bias” should be banned from school books. Granted, there’s not…

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