
International:
China begins to shift foreign reserves into private investments...
The Chinese government is to use $3bn of its vast foreign exchange reserves to buy a 9.9 per cent stake in Blackstone, the US buy-out fund, in an unprecedented move that underlines Beijing’s desire to tap into the private equity boom.
Bush preparing for British U-turn on Iraq
US President George W. Bush has been told to prepare for a British U-turn on
Iraq once Gordon Brown becomes prime minister, The Sunday Telegraph newspaper said.
A Bush administration official, however, described the report as "baseless." Bush has been briefed by White House officials to expect an announcement on British troop withdrawals during Brown's first 100 days in office, the weekly said.
The president was advised on how to handle the aftermath of a British pullout and the end of steadfast support from London, said the broadsheet, citing senior officials. Read on...
National:
Carter Blasts Bush on His Global Impact
Former President Carter says President Bush's administration is "the worst in history" in international relations, taking aim at the White House's policy of pre-emptive war and its Middle East diplomacy.
The criticism from Carter, which a biographer says is unprecedented for the 39th president, also took aim at Bush's environmental policies and the administration's "quite disturbing" faith-based initiative funding.
"I think as far as the adverse impact on the nation around the world, this administration has been the worst in history," Carter told the Arkansas Democrat-Gazette in a story that appeared in the newspaper's Saturday editions. "The overt reversal of America's basic values as expressed by previous administrations, including those of George H.W. Bush and Ronald Reagan and Richard Nixon and others, has been the most disturbing to me." Read more here
Bush White House fires back at Jimmy Carter
The White House on Sunday fired back at former President Jimmy Carter, calling him "increasingly irrelevant" a day after Carter described George W. Bush's presidency as the worst in history in international relations.
Carter, a Democrat, said on Saturday in an interview with the Arkansas Democrat-Gazette that "as far as the adverse impact on the nation around the world, this administration has been the worst in history."
White House spokesman Tony Fratto had declined to react on Saturday but on Sunday fired back.
"I think it's sad that President Carter's reckless personal criticism is out there," Fratto told reporters. "I think it's unfortunate. And I think he is proving to be increasingly irrelevant with these kinds of comments." Get the details.
For 2008, Who Isn't a Flip-Flopper?
Former Massachusetts governor Mitt Romney (R) used to support abortion rights, but now, seeking the votes of conservatives in New Hampshire and South Carolina, he doesn't. Former senator John Edwards (D-N.C.) voted to store nuclear waste at Yucca Mountain in Nevada, but now that the state is hosting an early caucus, he opposes such a plan. Sen. John McCain (R-Ariz.) said in 2000 that he saw no benefit from ethanol, but now, hoping for a win in corn-crazy Iowa, he sees the alternative fuel as practical, though he's still opposed to subsidizing it. Read more
'Sicko' Shows Michael Moore's Maturity as a Filmmaker
Filmmaker Michael Moore's brilliant and uplifting new documentary, "Sicko," deals with the failings of the U.S. healthcare system, both real and perceived. But this time around, the controversial documentarian seems to be letting the subject matter do the talking, and in the process shows a new maturity.
Unlike many of his previous films ("Roger and Me," "Bowling for Columbine," "Fahrenheit 9-11"), "Sicko" works because in this one there are no confrontations. Moore smartly lets very articulate average Americans tell their personal horror st****s at the hands of insurance companies. The film never talks down or baits the audience. Read more at FOX
In Other News...
The search for three missing Americans taken during Saturday's ambush enters its seventh day. "Thousands of soldiers" sifting through the tips from Iraqis "has become the hub of the manhunt." Most have led nowhere -- "deliberately so in some cases, many Americans suspect." The false alarms "highlight the challenge American troops face...in a Sunni stronghold where many residents resent the American presence."
"YouTube's co-founders on Thursday challenged the Pentagon's assertion that soldiers overseas were sapping too much bandwidth by watching online videos." Chief Executive Chad Hurley "expressed doubt that soldiers' use of YouTube could have any real effect on the military's massive network."
"A bipartisan group of senators is pushing legislation that would force the CIA to release an inspector general's report on the terrorist attacks of Sept. 11, 2001." The CIA is the only federal agency to not make a version of such a report public.
From The Right: Fred Thompson: The Immigration Bill: Comprehensive or Incomprehensible? I'd tell you what was in the legislation, but 24 hours after the politicians agreed the bill looked good, the Senate lawyers were still writing what may turn out to be a one thousand page document.
From The Left: Dan Eggen and Amy Goldstein: In Closed Meeting With Gonzales, Prosecutors Express Their Dismay Even as he came under renewed political pressure in Washington this week, Attorney General Alberto R. Gonzales faced sharp criticism from many of his own US attorneys at a private meeting in San Antonio, prosecutors who were there said.
Quote Of The Day: "F**k you! I know more about this than anyone else in the room." --Sen. John McCain (R-AZ), to Sen. John Cornyn (R-TX), during a testy exchange about immigration legislation
China begins to shift foreign reserves into private investments...
The Chinese government is to use $3bn of its vast foreign exchange reserves to buy a 9.9 per cent stake in Blackstone, the US buy-out fund, in an unprecedented move that underlines Beijing’s desire to tap into the private equity boom.
Bush preparing for British U-turn on Iraq
US President George W. Bush has been told to prepare for a British U-turn on
Iraq once Gordon Brown becomes prime minister, The Sunday Telegraph newspaper said.
A Bush administration official, however, described the report as "baseless." Bush has been briefed by White House officials to expect an announcement on British troop withdrawals during Brown's first 100 days in office, the weekly said.
The president was advised on how to handle the aftermath of a British pullout and the end of steadfast support from London, said the broadsheet, citing senior officials. Read on...
National:
Carter Blasts Bush on His Global Impact
Former President Carter says President Bush's administration is "the worst in history" in international relations, taking aim at the White House's policy of pre-emptive war and its Middle East diplomacy.
The criticism from Carter, which a biographer says is unprecedented for the 39th president, also took aim at Bush's environmental policies and the administration's "quite disturbing" faith-based initiative funding.
"I think as far as the adverse impact on the nation around the world, this administration has been the worst in history," Carter told the Arkansas Democrat-Gazette in a story that appeared in the newspaper's Saturday editions. "The overt reversal of America's basic values as expressed by previous administrations, including those of George H.W. Bush and Ronald Reagan and Richard Nixon and others, has been the most disturbing to me." Read more here
Bush White House fires back at Jimmy Carter
The White House on Sunday fired back at former President Jimmy Carter, calling him "increasingly irrelevant" a day after Carter described George W. Bush's presidency as the worst in history in international relations.
Carter, a Democrat, said on Saturday in an interview with the Arkansas Democrat-Gazette that "as far as the adverse impact on the nation around the world, this administration has been the worst in history."
White House spokesman Tony Fratto had declined to react on Saturday but on Sunday fired back.
"I think it's sad that President Carter's reckless personal criticism is out there," Fratto told reporters. "I think it's unfortunate. And I think he is proving to be increasingly irrelevant with these kinds of comments." Get the details.
For 2008, Who Isn't a Flip-Flopper?
Former Massachusetts governor Mitt Romney (R) used to support abortion rights, but now, seeking the votes of conservatives in New Hampshire and South Carolina, he doesn't. Former senator John Edwards (D-N.C.) voted to store nuclear waste at Yucca Mountain in Nevada, but now that the state is hosting an early caucus, he opposes such a plan. Sen. John McCain (R-Ariz.) said in 2000 that he saw no benefit from ethanol, but now, hoping for a win in corn-crazy Iowa, he sees the alternative fuel as practical, though he's still opposed to subsidizing it. Read more
'Sicko' Shows Michael Moore's Maturity as a Filmmaker
Filmmaker Michael Moore's brilliant and uplifting new documentary, "Sicko," deals with the failings of the U.S. healthcare system, both real and perceived. But this time around, the controversial documentarian seems to be letting the subject matter do the talking, and in the process shows a new maturity.
Unlike many of his previous films ("Roger and Me," "Bowling for Columbine," "Fahrenheit 9-11"), "Sicko" works because in this one there are no confrontations. Moore smartly lets very articulate average Americans tell their personal horror st****s at the hands of insurance companies. The film never talks down or baits the audience. Read more at FOX
In Other News...
The search for three missing Americans taken during Saturday's ambush enters its seventh day. "Thousands of soldiers" sifting through the tips from Iraqis "has become the hub of the manhunt." Most have led nowhere -- "deliberately so in some cases, many Americans suspect." The false alarms "highlight the challenge American troops face...in a Sunni stronghold where many residents resent the American presence."
"YouTube's co-founders on Thursday challenged the Pentagon's assertion that soldiers overseas were sapping too much bandwidth by watching online videos." Chief Executive Chad Hurley "expressed doubt that soldiers' use of YouTube could have any real effect on the military's massive network."
"A bipartisan group of senators is pushing legislation that would force the CIA to release an inspector general's report on the terrorist attacks of Sept. 11, 2001." The CIA is the only federal agency to not make a version of such a report public.
From The Right: Fred Thompson: The Immigration Bill: Comprehensive or Incomprehensible? I'd tell you what was in the legislation, but 24 hours after the politicians agreed the bill looked good, the Senate lawyers were still writing what may turn out to be a one thousand page document.
From The Left: Dan Eggen and Amy Goldstein: In Closed Meeting With Gonzales, Prosecutors Express Their Dismay Even as he came under renewed political pressure in Washington this week, Attorney General Alberto R. Gonzales faced sharp criticism from many of his own US attorneys at a private meeting in San Antonio, prosecutors who were there said.
Quote Of The Day: "F**k you! I know more about this than anyone else in the room." --Sen. John McCain (R-AZ), to Sen. John Cornyn (R-TX), during a testy exchange about immigration legislation
Thought(s) To Ponder: Why is the "Support The Troops" administration prepared to veto the budget line item for a 3 point+% military pay raise?
Surpreme Court Justice Clarence Thomas sat through over 68 hours of oral arguments without asking a question or making a comment. Why is HE on the Supreme Court bench replacing Thurgood Marshall?!
(Sources: AFP, MyWay, AP, Reuters, DrudgeReport, FinancialTimes, WashingtonPost, LATimes, FOXNews, NYTimes, TownHall, ThinkProgress, PoliticalHumor)
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