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OH, AIG
Connecticut Attorney General says AIG documents show $218 million -- not $165 million -- paid in bonuses.
Iran's Supreme Leader: Obama Hasn't Brought Change
Ayatollah Ali Khamenei brushes off the president's overtures Saturday saying U.S. policy under Obama hasn't been any different toward Tehran. Tells thousands in Mashhad: "They chant the slogan of change but no change is seen in practice. We haven't seen any change." Comes after Obama sent Iran a video message Friday, on the Persian New Year, expressing [...]
POTUS Lists Four Budget Priorities
[youtube=http://www.youtube.com/watch?v=vIPUrZuLlCQ&w=360] Uses his weekly address to stress that the budget must cut the deficit, reform health care, invest in education, reduce U.S. dependence on foreign oil. "I didn't come here to pass on our problems to the next president or the next generation -- I came here to solve them." Click above to watch. Full remarks here. [...]
Geithner's Toxic Assets Plan Coming Soon
AP: Treasury boss is putting the finishing touches on plan to toxic assets off the books of the country's struggling banks using Fed and FDIC resources. Announcement could come as early as Monday.
Biden to Gridiron in Obama's Absence
The VP will make remarks at the annual Washington banquet Saturday night. His wife will also attend. Comes after Obama snubs the group, instead goes to Camp David for the weekend.
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Swampland
Making Heads And Tails Of The CBO Budget Numbers
Numbers are flying all around Washington today, giant numbers with more zeroes than you have toes. A new Congressional Budget Office report projects that President Obama's budget will produce $9,300,000,000,000 (of $9.3 trillion) worth of red ink for the U.S. Treasury between 2010 and 2019. That is $2,300,000,000,000 ($2.3 trillion) worse than White House bean [...]
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