Thursday, May 31, 2012

Yahoo! News: Politics News

Yahoo! News: Politics News


Minn. could test Obama influence on gay marriage

Posted: 31 May 2012 02:52 PM PDT

The political impact of President Barack Obama's support for gay marriage will be tested this fall in Minnesota, where opponents of a proposed gay marriage ban are hoping the president's enduring popularity here will help persuade skeptical Democrats to vote it down.

Day of stunts, stagecraft on presidential campaign

Posted: 31 May 2012 02:35 PM PDT

Republican presidential candidate, former Massachusetts Gov. Mitt Romney holds a news conference outside the Solyndra manufacturing facility, Thursday, May 31, 2012, in Fremont, Calif. (AP Photo/Mary Altaffer)Stunts, stagecraft, scripts — and a touch of the surreal — shaped the presidential campaign Thursday as Mitt Romney and President Barack Obama sought an edge on voters' No. 1 issue, the economy.


Presidential campaign ad spending tops $87M

Posted: 31 May 2012 02:47 PM PDT

President Barack Obama and Republican Mitt Romney and their allies already have spent $87 million on TV ads in the nine most hotly contested states.

U.S. prosecutor in Swiss tax probe to exit

Posted: 31 May 2012 03:00 PM PDT

(Reuters) - The U.S. prosecutor most responsible for piercing the veil of Swiss bank secrecy has resigned, but tax experts said his exit was unlikely to slow Justice Department efforts to rein in American offshore tax evasion there. Kevin Downing, 46, who for several years has led the department's criminal probe of the Swiss banking industry, will leave effective June 4 to become a partner at a major law firm, a source familiar with the matter said on Thursday. ...

Russian protest fund manager looks to elite for cash

Posted: 31 May 2012 02:59 PM PDT

MOSCOW (Reuters) - Almost a decade after Russia's richest man was jailed after funding groups opposed to Vladimir Putin, a former top bank manager is chipping at the wall between politics and business in a renewed challenge to the Russian president. With his Wharton Business School degree and expensive suits, Vladimir Ashurkov, 40, cuts an unlikely figure within the rag-tag ranks of Russia's political opposition. ...

Marines expand probe of urination video

Posted: 31 May 2012 02:55 PM PDT

The Marine Corps is investigating other possible misconduct by members of a battalion who drew worldwide attention when a video surfaced purporting to show them urinating on Afghan corpses, officials said Thursday.

Minn. could test Obama influence on gay marriage

Posted: 31 May 2012 02:52 PM PDT

The political impact of President Barack Obama's support for gay marriage will be tested this fall in Minnesota, where opponents of a proposed gay marriage ban are hoping the president's enduring popularity here will help persuade skeptical Democrats to vote it down.

House votes small boost in intelligence spending

Posted: 31 May 2012 02:51 PM PDT

The House voted to give the intelligence community a few billion dollars more Thursday than the White House wanted for next year's budget — a price tag that covers the range of intelligence needs from the CIA to the high-tech satellites that spied on Osama bin Laden's compound.

Gov't cracking down on curbside bus companies

Posted: 31 May 2012 02:51 PM PDT

FILE - In this March 12, 2011 file photo, Emergency personnel investigate the scene of a bus crash on Interstate-95 in the Bronx borough of New York. Twenty-six bus operations that transported more than 1,800 passengers a day along Interstate 95 between New York and Florida have been closed for safety violations in what federal officials say is the government's largest single safety crackdown of the motor coach industry in at least a decade. (AP Photo/David Karp, File)Government safety officials swooped down on more than two dozen curbside bus operations that mostly ferry passengers in the busy East Coast transportation corridor between New York and Florida, shuttering them for safety violations in the largest-ever single federal crackdown on the industry.


Alongside Obama, George W. Bush steals the WH show

Posted: 31 May 2012 02:51 PM PDT

From left, President Barack Obama, former President George W. Bush, former first lay Laura Bush and first lady Michelle Obama, pose in the East Room of the White House in Washington, Thursday, May 31, 2012, during a ceremony to unveil the Bush portraits. (AP Photo/Pablo Martinez Monsivais)It's Barack Obama's house now, but his predecessor and political foil, George W. Bush, stole the show at the White House on Thursday with his wisecracks and grin.


House takes up veterans funding bill

Posted: 31 May 2012 02:51 PM PDT

The Republican-controlled House is debating legislation to boost health care spending for veterans and compensation for record numbers of Iraq and Afghanistan war veterans who are claiming service-related disabilities as they return to the United States.

Marco Rubio Warns of Failure in Iranian Nuclear Talks

Posted: 31 May 2012 02:48 PM PDT

Sen. Marco Rubio, R- Fla., predicted today that nuclear talks with Iran ultimately will fail and said he would sanction a military strike before tolerating a nuclear Iran, warning that the United States should begin to prepare the country for that situation. "This is nothing...

Lawmakers tell Obama to rein in energy exports

Posted: 31 May 2012 02:48 PM PDT

WASHINGTON (Reuters) - President Barack Obama must crack down on energy exports from the United States to protect consumers and manufacturers from price spikes, two influential Democrats said on Thursday. Obama needs to use his authority to limit exports of natural gas, as well as coal and petroleum products, and lay out a framework for assessing whether such exports are in the national interest, Congressman Edward Markey and Senator Ron Wyden said in a letter to the president. ...

U.S. tells Spain solution needed for troubled banks

Posted: 31 May 2012 02:47 PM PDT

WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner told Spain that a solution is needed for its financial system, where major lender Bankia has asked for additional rescue funds, Spanish Deputy Prime Minister Soraya Saenz de Santamaria told reporters on Thursday. Saenz de Santamaria said she discussed with Geithner strategies to recapitalize her country's banks. "The treasury secretary pointed out that we are working toward the same goal and a solution for the banks must be found," she said after her meeting. ...

Presidential campaign ad spending tops $87M

Posted: 31 May 2012 02:47 PM PDT

President Barack Obama and Republican Mitt Romney and their allies already have spent $87 million on TV ads in the nine most hotly contested states.

Gunman kills five people and himself in Seattle rampage

Posted: 31 May 2012 02:43 PM PDT

Friends and patrons of Cafe Racer console each other at the scene of a crime in North Seattle, where earlier a gunman shot two men and a woman to deathSEATTLE (Reuters) - A gunman killed four people at a popular Seattle cafe on Wednesday then fled to a downtown parking lot where he killed a fifth person and stole her car before shooting himself in the head as police closed in, authorities said. The suspect, identified as Ian Lee Stawicki, 40, and described as mentally disturbed, died at a hospital hours after the late-morning slayings, which police initially treated as two separate incidents. ...


UPDATE 1-Argentine farmers call strike as tax bill advances

Posted: 31 May 2012 02:43 PM PDT

* Lawmakers in top grains province set to approve tax reform * Farmers say will halt grain, cattle sales * Soybean, corn growers say tax hike will erode profits BUENOS AIRES, May 31 (Reuters) - Growers in Argentina'sbiggest farming province will halt sales of grain and livestockfor nine days to protest a tax-hike bill advancing in theprovincial Congress, agricultural groups said on Thursday. Cash-strapped Buenos Aires province is the country's topproducer of soybeans, corn and wheat, and the protest couldaffect grain shipments, though the level of disruption woulddepend on exporters' stocks. ...

Former Senator Edwards: I am responsible for my sins

Posted: 31 May 2012 02:43 PM PDT

GREENSBORO, North Carolina (Reuters) - Former U.S. Senator John Edwards said on Thursday after his acquittal on a campaign finance charge that he did "an awful, awful lot that was wrong" even if he did not believe he broke the law. "While I do not believe I did anything illegal, or ever thought I was doing anything illegal, I did an awful, awful lot that was wrong and there is no one else responsible for my sins," he said. "I am responsible, and if I want to find the person who should be held accountable for my sins, honestly I don't have to go any further than the mirror. It's me. ...

Edwards found not guilty on one count; mistrial on others

Posted: 31 May 2012 02:43 PM PDT

John Edwards arrives for the ninth day of jury deliberations at the federal courthouse in GreensboroGREENSBORO, North Carolina (Reuters) - Jurors acquitted former U.S. Senator John Edwards on one count of taking illegal campaign contributions on Thursday and the judge declared a mistrial on five other counts because the jury was deadlocked. Edwards, who did not testify in the trial, was found not guilty of accepting illegal campaign contributions from supporter Rachel "Bunny" Mellon in 2008. ...


Day of stunts, stagecraft on presidential campaign

Posted: 31 May 2012 02:35 PM PDT

Republican presidential candidate, former Massachusetts Gov. Mitt Romney holds a news conference outside the Solyndra manufacturing facility, Thursday, May 31, 2012, in Fremont, Calif. (AP Photo/Mary Altaffer)Stunts, stagecraft, scripts — and a touch of the surreal — shaped the presidential campaign Thursday as Mitt Romney and President Barack Obama sought an edge on voters' No. 1 issue, the economy.


Recall news

Posted: 31 May 2012 02:32 PM PDT

The following recall has been announced:

Obama Campaign Calls Romney Hecklers 'Juvenile'

Posted: 31 May 2012 02:30 PM PDT

Obama Campaign Calls Romney Hecklers 'Juvenile'The Obama campaign today offered a sharp rebuke to hecklers who tried to shout down senior strategist David Axelrod at a news conference in Boston, calling their tactics "juvenile" and "circus-like." Axelrod took to the steps of the Massachusetts State House this morning to criticize...


IMF denies it in talks with Spain on funding help

Posted: 31 May 2012 02:25 PM PDT

IMF Managing Director Lagarde addresses graduates at Harvard Kennedy School in CambridgeWASHINGTON (Reuters) - The head of the International Monetary Fund said on Thursday the global lender had not received a request for financial support from Spain and described her meeting with Spain's Deputy Prime Minister Soraya Saenz de Santamaria as "very productive". After the meeting with Saenz, IMF Managing Director Christine Lagarde denied a media report that the IMF was considering contingency plans for a Spanish bailout. "There is no such plan. ...


IMF denies it in talks with Spain on funding help

Posted: 31 May 2012 02:22 PM PDT

WASHINGTON (Reuters) - The head of the International Monetary Fund said on Thursday the global lender had not received a request for financial support from Spain and described her meeting with Spain's Deputy Prime Minister Soraya Saenz de Santamaria as "very productive". After the meeting with Saenz, IMF Managing Director Christine Lagarde denied a media report that the IMF was considering contingency plans for a Spanish bailout. "There is no such plan. ...

Money flies out of Spain, regions pressured

Posted: 31 May 2012 02:22 PM PDT

MADRID (Reuters) - Spaniards alarmed by the dire state of their banks are squirreling money abroad at the fastest rate since records began, figures showed on Thursday, and the credit ratings of eight regions were cut. Spain is the next country in the firing line of the euro zone's debt crisis, with spendthrift regions and shaky banks threatening to blow a hole in state finances and pushing funding costs towards levels that signal the need for a bailout. ...

FARC ready for peace or war, says French reporter

Posted: 31 May 2012 02:21 PM PDT

French reporter Romeo Langlois gives a news conference in BogotaBOGOTA (Reuters) - Looking relaxed and healthy after a month in jungle captivity, French journalist Romeo Langlois said Colombia's FARC rebel leaders may be prepared for peace talks, but younger fighters are ready for 50 more years of war. Langlois, 35, was released on Wednesday after being taken hostage in late April when the military unit he was reporting alongside came under fire from heavily armed rebels. Aided by billions of dollars in U.S. funding, Colombia's armed forces have debilitated the FARC, leaving it arguably at its weakest in almost five decades. ...


China deflects pressure for new approach on Syria

Posted: 31 May 2012 02:19 PM PDT

HAMMAMET, Tunisia (Reuters) - China's foreign minister said on Thursday his country was keeping faith with mediator Kofi Annan's peace plan for Syria, sidestepping calls for tougher action after the killing of more than 100 people in the town of Houla. China, along with Russia, has for months blocked efforts to take more robust action against Syrian President Bashar al-Assad in the United Nations, but the massacre last week in Houla prompted an outcry and fresh calls for a more decisive response. ...

Court says marriage law discriminates against gay couples

Posted: 31 May 2012 02:16 PM PDT

A same-sex wedding cake topper is seen in Los AngelesBOSTON/NEW YORK (Reuters) - A federal appeals court in Boston found on Thursday that a U.S. law defining marriage as a union between a man and a woman unconstitutionally denies federal benefits to lawfully married same-sex couples in a ruling that promises to push the issue of gay marriage to the U.S. Supreme Court. The ruling on the 1996 law, the Defense of Marriage Act, marked a victory for gay rights groups and U.S. President Barack Obama, whose administration announced last year it considered the law unconstitutional and would no longer defend it. In its 3-0 ruling, a panel of the U.S. ...


Minn. to test Obama influence on gay marriage

Posted: 31 May 2012 02:11 PM PDT

Voters in Minnesota will test the political impact of President Barack Obama's support for gay marriage this fall, when they decide whether to ban gay marriage in the state Constitution.

Ex-Senator Edwards: tarnished golden boy

Posted: 31 May 2012 02:11 PM PDT

(Reuters) - As a highly successful lawyer and a fast-rising politician, John Edwards grew accustomed to people voting for him. With his boyish looks and a sincere demeanor, he won enough jurors' votes in courtrooms to become a multimillionaire as one of the top personal injury lawyers in the nation. In 1998, in his first political campaign, voters sent Edwards to Washington as a senator from North Carolina. Six years later he was the Democratic Party's vice presidential nominee. ...

Jobs data points to recovery losing momentum

Posted: 31 May 2012 02:06 PM PDT

Job seekers speak with with job recruiters while they attend the Coast to Coast job fair in New YorkWASHINGTON (Reuters) - Private payroll growth accelerated only slightly last month and claims for jobless benefits rose last week, suggesting the U.S. labor market recovery was stalling after a strong performance early in the year. Other data on Thursday showed factory activity in the Midwest slowed considerably this month and economic growth in the first quarter was a bit softer than initially estimated. Economists said the reports reflected business anxiety amid an uncertain global economic outlook as the euro zone's debt crisis escalates and China's economy slows. ...


Hill GOP leaders make new offer on student loans

Posted: 31 May 2012 02:06 PM PDT

House Speaker John Boehner of Ohio meets with reporters following a GOP strategy session on Capitol Hill in Washington, Thursday, May 31, 2012. (AP Photo/J. Scott Applewhite)Top congressional Republicans made a new offer to President Barack Obama on Thursday in their fight over heading off a doubling of interest rates on federal college loans for 7.4 million students, proposing fresh ways to cover the effort's $6 billion cost.


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