Friday, January 27, 2012

Obama administration bolsters homeowner lifeline (Reuters)

Obama administration bolsters homeowner lifeline (Reuters)


Obama administration bolsters homeowner lifeline (Reuters)

Posted: 27 Jan 2012 04:07 PM PST

A new home development is shown in Miami in this January 26, 2010 file photo. Housing-related stocks declined after data showed sales of new single-family homes fell for the first time in four months in December of 2011 and were shy of Wall Street expectations. The data followed the soft pending home sales report on January 25, 2012 and dented optimism that the housing market may have reached a bottom.  REUTERS/Joe Skipper/Files   (UNITED STATES - Tags: BUSINESS REAL ESTATE)Reuters - The Obama administration, in an election-year bid to help distressed homeowners, on Friday expanded its main foreclosure prevention program, and pushed for Fannie Mae and Freddie Mac to forgive mortgage debt.


"Barefoot Bandit" gets 6.5 years for federal charges (Reuters)

Posted: 27 Jan 2012 05:58 PM PST

Reuters - A serial burglar nicknamed the "Barefoot Bandit" was sentenced on Friday in Seattle to 6-1/2 years in prison for his guilty plea to federal charges stemming from a sensational, two-year crime spree as a sometimes-shoeless teenage runaway.

St. Louis to host first major parade for Iraq War vets (Reuters)

Posted: 27 Jan 2012 06:35 PM PST

Reuters - At least 1,000 Iraq War veterans and their family members are expected to march in St. Louis on Saturday in the nation's first major homecoming parade honoring U.S. soldiers who served in the war, a coalition of veteran groups, private citizens and local officials said.

Should Undercover Video Be Banned at Livestock Farms? (Time.com)

Posted: 27 Jan 2012 05:35 PM PST

Time.com - In a controversy raging in six states, lawmakers are debating whether to criminalize the covert filming of farm activity

Tax Returns and Tithing: How Mitt Romney Gives Away 16% of His Income (Time.com)

Posted: 27 Jan 2012 05:35 PM PST

Time.com - When Mitt Romney released his 2010 tax returns on Tuesday, the one number that stood out wasn't his 14% effective tax rate or his $20 million-plus annual income. It was the $7 million he gave to charity over the last two years

Connecticut killer sentenced to die for "unimaginable horror" (Reuters)

Posted: 27 Jan 2012 12:12 PM PST

Reuters - A judge ordered Joshua Komisarjevsky to be executed this summer for the 2007 murders of a mother and her two daughters during a brutal home invasion in Connecticut, saying on Friday that he committed a crime of "unimaginable horror."

Student charged in Utah school bomb plot (AP)

Posted: 27 Jan 2012 04:40 PM PST

In this police booking photo released by Weber County Sheriff's Dept. showing Dallin Morgan, 18, a high school student who was arrested with another student on Wednesday Jan. 25,2012 on conspiracy charges after authorities uncovered a plot to use explosives during a school assembly. (AP Photo/Weber County Sheriff's Dept.)AP - The two teens had a detailed plot, blueprints of the school and security systems, but no explosives. They had hours of flight simulator training on a home computer and a plan to flee the country, but no plane.


Army chief lays out Army cuts in Europe (AP)

Posted: 27 Jan 2012 01:44 PM PST

Army Chief of Staff Gen. Raymond T. Odierno speaks during a news conference at the Pentagon, Friday, Jan., 27, 2012, to discuss US Army cuts. (AP Photo/Pablo Martinez Monsivais)AP - The Pentagon's decision announced Friday to take two heavy armor brigades out of Europe in 2013 and 2014 will not necessarily force NATO allies to shoulder more of the load if ground forces are needed for a large-scale conflict in the region, Gen. Raymond Odierno, the Army chief of staff, said Friday.


Many Mo. farmers shut out of federal flooding aid (AP)

Posted: 27 Jan 2012 04:15 PM PST

AP - Farmers whose land was damaged by Missouri River flooding expressed frustration Friday that a missed deadline will keep them from sharing in $215 million from one federal disaster program.

Ex-Boston Mayor White, led in turbulent '70s, dies (AP)

Posted: 27 Jan 2012 07:24 PM PST

AP - Former Mayor Kevin H. White, who led the city for 16 years including racially turbulent times in the 1970s, died Friday, a family spokesman said. He was 82.

'Barefoot Bandit' sentenced to 6 1/2 years (AP)

Posted: 27 Jan 2012 05:17 PM PST

FILE - In this Dec. 16, 2011 file photo, Colton Harris-Moore, also known as the 'Barefoot Bandit,' glances at the courtroom gallery as he walks to the defense table, in Island County Superior Court, in Coupeville, Wash. Harris-Moore is scheduled to be sentenced Friday, Jan. 27, 2012, in a U.S. federal court for his two-year international crime spree of break-ins and boat and plane thefts. (AP Photo/Ted S. Warren, File)AP - After a two-year international crime spree in which he survived a handful of crash landings, Colton Harris-Moore — the infamous "Barefoot Bandit" — says he's lucky to be alive.


Probe of NYPD boss' son puts DA in spotlight, too (AP)

Posted: 27 Jan 2012 03:09 PM PST

FILE - New York Police Commissioner Raymond Kelly and son Greg attend the New York City Police Foundations 31st Annual Gala in New York, in this March 3, 2009 file photo. Kelly, son of the city police commissioner, is under investigation by prosecutors and denies any wrongdoing, his lawyer said Wednesday, Jan. 25, 2012, without elaborating on the allegations. (AP Photo/Charles Sykes, File)AP - While the city's powerful police commissioner faced questions Friday about a rape allegation against his TV-anchor son, the probe has also put the district attorney in a delicate position.


Long road ahead for Conn. home invasion survivor (AP)

Posted: 27 Jan 2012 06:35 PM PST

FILE - This June 2007 file photo provided by Dr. William Petit Jr., shows Dr. Petit, left, with his daughters Michaela, front, Hayley, center rear, and his wife, Jennifer Hawke-Petit, on Cape Cod, Mass. Dr. Petit was severely beaten and his wife and two daughters were killed during a home invasion in Cheshire, Conn., July 23, 2007. Joshua Komisarjevsky was convicted Thursday, Oct. 13, 2011 for the crimes, and will be formally sentenced to death Friday, Jan. 27, 2012.  (AP Photo/William Petit, File)AP - How does a man move on with his life after losing his wife and daughters to two ruthless home invaders who tormented, then killed them?


Actress' claim to be gay by choice riles activists (AP)

Posted: 27 Jan 2012 03:16 PM PST

FILE - This is a Tuesday, May 25, 2010 file photo of actress Cynthia Nixon attending the Designing Women Awards in New York. Gay rights activists say actress Cynthia Nixon's insistence she chose to be a lesbian gives fodder to those who argue gays don't deserve marriage rights. (AP Photo/Peter Kramer, file)AP - Cynthia Nixon learned the hard way this week that when it comes to gay civil rights, the personal is always political. Very political.


Panetta cites key intelligence on bin Laden raid (AP)

Posted: 27 Jan 2012 06:49 PM PST

AP - Defense Secretary Leon Panetta is acknowledging publicly for the first time that a Pakistani doctor provided key information to the U.S. in advance of the successful Navy SEAL assault on Osama bin Laden's compound last May.

Friend says on 911 call Demi Moore was convulsing (AP)

Posted: 27 Jan 2012 04:37 PM PST

FILE - In this Oct. 17, 2011 file photo, actress Demi Moore attends the premiere of 'Margin Call' in New York. A spokeswoman for Moore on Tuesday, Jan. 24, 2012 said the actress is seeking professional help to treat her exhaustion and improve her health. (AP Photo/Peter Kramer, File)AP - Demi Moore smoked something before she was rushed to the hospital on Monday night and was convulsing and "semi-conscious, barely," according to a caller on a frantic 911 recording released Friday by Los Angeles fire officials.


Iraq War veteran accused of posing as Ore. officer (AP)

Posted: 27 Jan 2012 04:20 PM PST

AP - Eugene Police Officer Dan Baker drove a blue SUV and set off sirens to clear cars in front of him at traffic lights. He pulled over motorists — though it's unclear if he ever gave out tickets. And when he stopped by a youth shelter as a volunteer, he came in full uniform.

St. Louis hosts 1st big parade on Iraq War's end (AP)

Posted: 27 Jan 2012 01:17 PM PST

Niliah Banks, foreground, works with other students in her fifth grade class at Ross Elementary create hand-made signs Wednesday, Jan. 25, 2012, in Creve Coeur, Mo. The signs will be used when St. Louis hosts a 'Welcome Home the Heroes from Iraq Day' on Jan. 28 with a noontime parade through downtown to welcome veterans of the war in Iraq. (AP Photo/Jeff Roberson)AP - Since the Iraq War ended there has been little fanfare for the veterans returning home. No ticker-tape parades. No massive, flag-waving public celebrations.


Workers hurt in collapse at Cincinnati casino site (AP)

Posted: 27 Jan 2012 05:44 PM PST

Work continues near a collapse at the Horseshoe Casino under construction, Friday, Jan. 27, 2012, in Cincinnati. Around a dozen workers have been taken to hospitals with minor injuries from the partial collapse. (AP Photo/Al Behrman)AP - A floor collapsed into a V shape Friday at the construction site of a new Ohio casino, sending workers sliding to the ground, leaving one worker with serious injuries and hurting at least a dozen others.


Justice unit to probe mortgage-backed securities (AP)

Posted: 27 Jan 2012 02:12 PM PST

Attorney General Eric Holder announces the formation of the Residential Mortgage-Backed Securities Working Group, Friday, Jan. 27, 2012, during a news conference at the Justice Department in Washington. President Barack Obama directed Holder to collaborate with several state attorneys general and other federal entities to investigate those responsible for misconduct contributing to the financial crisis through the pooling and sale of residential mortgage-backed securities. This working group will be operated out of the President's Financial Fraud Enforcement Task Force, which is chaired by Holder. (AP Photo/Cliff Owen)AP - Federal and state law enforcement officials announced Friday they have launched a fraud-fighting unit, starting with 55 prosecutors and investigators, to root out wrongdoing in the market for residential mortgage-backed securities.


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