Monday, May 7, 2012

Yahoo! News: Politics News

Yahoo! News: Politics News


Obama targets middle-class voters through airwaves

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Republican presidential candidate, former Massachusetts Gov. Mitt Romney talks to a supporter at a town hall-style meeting in Euclid, Ohio, Monday, May 7, 2012. (AP Photo/Jae C. Hong)Targeting middle-class voters, President Barack Obama on Monday unveiled a sweeping $25 million, nine-state ad campaign whose centerpiece is a commercial portraying him as the steward of an economic comeback and confronting Republican criticism that recovery has sputtered on his watch.


Romney: Obama shouldn't be tried for treason

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Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks at a town hall-style meeting in Euclid, Ohio, Monday, May 7, 2012. (AP Photo/Jae C. Hong)Republican Mitt Romney says he doesn't think President Barack Obama should be tried for treason.


Obama campaign emphasizes economy in newest ad

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President Barack Obama's re-election team plans to spend $25 million on advertising this month, a dramatic escalation of its media presence in a handful of states that could determine the outcome on Nov. 6.

Ind. early voting down in Sen. Lugar's GOP primary

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Sen. Richard Lugar talks with Martha Faust during his visit to Wesley Manor, Monday, May 7, 2012, in Frankfort, Ind. Lugar is being challenged by two-term state Treasurer Richard Mourdock, (AP Photo/Darron Cummings)As the toughest primary battle in his almost four-decade Senate career neared its end, Republican Richard Lugar tossed darts at a wooden board in an Indiana retirement home Monday and left hopeful that the residents would be more impressed by his message than his aim.


IMF shows new flexibility on fiscal austerity

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IMF Managing Director Christine Lagarde speaks at a news conference following the ACG meeting in WashingtonWASHINGTON/ZURICH (Reuters) - The International Monetary Fund showed some new flexibility on Monday over how quickly it would press deeply indebted countries to bring their budgets under control if economic growth weakens. Its shift in tone could prove important for Athens where chances have jumped that a new Greek government would seek to renegotiate its 130-billion-euro bailout package with the IMF and the European Union, after Greek voters resoundingly rejected austerity measures in weekend elections. ...


Apparent airline bomb plot thwarted: U.S. officials

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WASHINGTON (Reuters) - The FBI is investigating an explosive device that could have been used by a suicide bomber on an airliner, and which was seized when the United States and its partners thwarted a plot believed linked to al Qaeda, U.S. officials said on Monday. They said no plane was actually at risk. They said the device was a redesigned model of the bomb used by the so-called "underwear bomber", who failed to blow up an airliner bound for Detroit on Christmas Day in 2009. That plot originated in Yemen. ...

White House promises veto of GOP spending bill

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The White House on Monday vowed to veto a House spending bill for the Justice Department, NASA and several other agencies, charging its GOP authors with violating last summer's budget pact and cutting programs like legal aid to the poor too deeply.

Obama targets middle-class voters through airwaves

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Republican presidential candidate, former Massachusetts Gov. Mitt Romney talks to a supporter at a town hall-style meeting in Euclid, Ohio, Monday, May 7, 2012. (AP Photo/Jae C. Hong)Targeting middle-class voters, President Barack Obama on Monday unveiled a sweeping $25 million, nine-state ad campaign whose centerpiece is a commercial portraying him as the steward of an economic comeback and confronting Republican criticism that recovery has sputtered on his watch.


Lockheed wins $237 million more for F-35 work

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WASHINGTON (Reuters) - Lockheed Martin Corp has won $237 million in extra funding for a fourth batch of F-35 Joint Strike Fighters to account for changes to the hardware and software of the stealthy, supersonic new warplanes, the Pentagon said on Monday. The modified contract increases the cap on retrofits needed on early production planes due to issues that arose in testing, which is still continuing, the U.S. Defense Department said in a daily listing of contract awards. ...

Anti-austerity ballot backlash rattles euro zone

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Supporters of the extreme-right Golden Dawn party raise flares as they celebrate polls results in ThessalonikiATHENS/PARIS (Reuters) - An anti-austerity backlash by voters in Greece and France shook the euro zone on Monday, causing jitters for the euro currency and stock markets amid deepening doubts about whether Greece has a future in the single currency. Greece, where Europe's sovereign debt crisis began in 2009, slid into turmoil after an election on Sunday boosted left and right-wing fringe parties, stripping the two mainstream parties that backed a painful EU/IMF bailout of their parliamentary majority. ...


Murdoch's Fox TV licenses seen surviving UK scandal

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News Corporation Chief Executive and Chairman, Rupert Murdoch, leaves after giving evidence for the second day at the Leveson Inquiry at the High Court in LondonREUTERS - Rupert Murdoch faces limited risk of losing News Corp's broadcast permits in America, even amid screaming headlines in Britain that the media mogul is unfit to run a major company. The U.S. Federal Communications Commission has the power to deny a license renewal if it finds the license is not being used by people of good "character" who will serve "the public interest." But former FCC officials and other experts say the agency has been loathe to use that power in the past, and is highly unlikely to challenge News Corp's 27 Fox U.S. ...


Sources Say Drone Strike, AQAP Bomb-maker, Tied to Recent Foiled Plot

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A drone missile strike in Shabwa, Yemen, on Sunday killed a man named Fahd Mohammad Ahmed Al-Quso, the Yemeni government said in a statement. Al-Quso, 37, from Yemen, was best known in the United States for heading terrorist operations in the USS Cole bombing, which...

China, U.S. vow cooperation on cyber security

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WASHINGTON (Reuters) - Washington and Beijing recognize that all cyber attacks on the United States cannot be attributed to China, Chinese Defense Minister Liang Guanglie said during a visit to the Pentagon on Monday. The visiting minister, speaking to reporters alongside U.S. Defense Secretary Leon Panetta, said the two countries would work together to strengthen cyber security. (Reporting By David Alexander; Writing by Missy Ryan; Editing by Sandra Maler)

Putin pledges unity on return to Kremlin, protesters held

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Putin is sworn in as the new Russian president during a ceremony at the Kremlin in MoscowMOSCOW (Reuters) - Vladimir Putin took the oath as Russia's president on Monday with a ringing appeal for unity at the start of a six-year term in which he faces growing dissent, economic problems and bitter political rivalries. Parliament is expected to approve to his ally Dmitry Medvedev, 46, as prime minister on Tuesday, completing a job swap that has left many Russians feeling disenfranchised two decades after the Soviet Union collapsed. ...


Playboy model steals the show at Mexican election debate

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MEXICO CITY (Reuters) - Mexico's electoral authority apologized to voters on Monday after a sober presidential debate was upstaged by a former Playboy model and her revealing outfit. Clad in a tight-fitting white dress with a cut below the neckline to show much of her cleavage, Julia Orayen was working as an assistant on the televised debate, which focused on the economy and the drug-related violence ravaging Mexico. At the start of Sunday night's debate, Orayen walked in front of the camera to hand out cards to the four candidates, and created an immediate stir on online social media. ...

IMF shows new flexibility on fiscal austerity

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WASHINGTON/ZURICH (Reuters) - The International Monetary Fund showed some new flexibility on Monday over how quickly it would press deeply indebted countries to bring their budgets under control if economic growth weakens. Its shift in tone could prove important for Athens where chances have jumped that a new Greek government would seek to renegotiate its 130-billion-euro ($170-billion) bailout package with the IMF and the European Union, after Greek voters resoundingly rejected austerity measures in weekend elections. ...

Obama's Very Long Evolvement, Ron Paul's Plot, Hillary's Astrology, Portman's New Voice (PM Note)

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New Underwear Bomb Plot Foiled, Per AP and Confirmed By ABC – http://abcn.ws/JavWZA A Very Long Evolvement – White House Struggles with Gay Marriage – The day before North Carolinians will consider a gay marriage amendment, one Cabinet official said he supports same sex marriage,...

Device was to be used by suicide bomber on aircraft: U.S. official

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WASHINGTON (Reuters) - Al Qaeda in the Arabian Peninsula, which operates out of Yemen, is believed to have produced the explosive device that was to be used by a suicide bomber on an aircraft in plot that was foiled, a senior U.S. official said on Monday. Separately, the Department of Homeland Security said there was no active plot against the United States at this time. "We have no specific, credible information regarding an active terrorist plot against the U.S. at this time," DHS spokesman Matt Chandler said. (Reporting by Tabassum Zakaria; Editing by Jackie Frank)

Heiress money for Edwards wasn't political: government witness

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Former Senator John Edwards walks to the federal courthouse in GreensboroGREENSBORO, North Carolina (Reuters) - A government witness on Monday supported former Senator John Edwards' claim that he didn't know about payments used to conceal his pregnant mistress during his 2008 presidential bid, and the money wasn't intended as a campaign contribution. Heiress Rachel "Bunny" Mellon's attorney testified there was "no doubt" that the wealthy supporter said the $725,000 she provided to an Edwards aide were not political donations. ...


Analysis: Murdoch's Fox TV licenses seen surviving UK scandal

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A still image from broadcast footage shows Rupert Murdoch speaking at the Leveson Inquiry at the High Court in London(Reuters) - Rupert Murdoch faces limited risk of losing News Corp's broadcast permits in America, even amid screaming headlines in Britain that the media mogul is unfit to run a major company. The U.S. Federal Communications Commission has the power to deny a license renewal if it finds the license is not being used by people of good "character" who will serve "the public interest." But former FCC officials and other experts say the agency has been loath to use that power in the past, and is highly unlikely to challenge News Corp's 27 Fox U.S. ...


Left gets historic chance to pull Greece out of limbo

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File photo of Greek conservative party leader Samaras greeting supporters during a pre-election rally in the town of HeraklionATHENS (Reuters) - Greece's Left Coalition party will get an historic chance on Tuesday to form a government opposed to the country's EU/IMF bailout, after the mainstream conservatives failed to cobble together a coalition following a shock inconclusive election. Alexis Tsipras, whose party was catapulted into second place by voters angry with austerity, will take on the tough task of wooing small groups into forming the first leftist government in Greece's modern history. ...


California seller of suicide kits sentenced for tax offense

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Sharlotte Hydorn is interviewed by local media outlets at her home in El CajonSAN DIEGO (Reuters) - A 93-year-old woman who made headlines by selling suicide kits from her California home was placed on five years of supervised probation on Monday and ordered to pay a $1,000 fine for a tax-related offense stemming from her mail-order business. Sharlotte Hydorn, a great-grandmother and retired science teacher, pleaded guilty in December to a federal charge of failing to file income tax returns from 2007 through 2010, a period during which investigators said at least seven customers used her kits to kill themselves. ...


GOP plan protects Pentagon, cuts social programs

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FILE -- In a Dec. 7, 2011 file photo House Budget Committee Chairman Rep. Paul Ryan, R-Wis., second from right, accompanied by fellow committee members, gestures during a news conference on Capitol Hill in Washington . From left are, Rep. Diane Black, R-Tenn., Rep. Tom Price, R-Ga., Ryan, and Rep. Jason Chaffetz, R-Utah. The Republicans who control the House are using cuts to food aid, health care and social services like Meals on Wheels to protect the Pentagon from a wave of budget cuts come January. (AP Photo/Manuel Balce Ceneta, file)Moving to protect the military from a crippling wave of budget cuts next year, a key House committee voted Monday to cut instead food aid, health care and social services like Meals on Wheels.


AdWatch: Obama pushes recovery in new ad

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TITLE: "Go"

Did Romney earn tax credits for overseas profits?

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Republican presidential candidate, former Massachusetts Gov. Mitt Romney talks to a supporter at a town hall-style meeting in Euclid, Ohio, Monday, May 7, 2012. (AP Photo/Jae C. Hong)Do you remember what's on page 169 of your income tax return? Neither does Mitt Romney.


Obama's vague gay marriage stance under scrutiny

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FILE - In this April 20, 2012, file photo Education Secretary Arne Duncan speaks durng the daily news briefing at the White House in Washington. President Barack Obama's vague stance on gay marriage is facing fresh scrutiny. Duncan has broken ranks with the White House, stating his unequivocal support for same-sex marriage. Duncan's comments on Monday, May 7, 2012, came one day after Vice President Joe Biden suggested he supported gay marriage, too. (AP Photo/Carolyn Kaster, File)President Barack Obama's election-year vagueness on gay marriage is coming under fresh scrutiny.


White House pressures GOP on student loan bill

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FILE - In this March 13, 2012, file photo Sen. Jack Reed, D-R.I., joins students at a Capitol Hill news conference to announce the collection of over 130,000 letters to Congress to prevent student loan interest rates from doubling this July. With Congress returning from a weeklong spring recess, the Senate plans to vote Tuesday, May 8, on whether to start debating a Democratic plan to keep college loan interest rates for 7.4 million students from doubling. The $6 billion bill would be paid for by collecting more Social Security and Medicare payroll taxes from high-earning owners of some privately held corporations. (AP Photo/Manuel Balce Ceneta, File)The White House pressed Republicans Monday to back Democratic legislation preventing interest rates on federal student loans from doubling in July as the two parties remained deadlocked over how to pay for the move.


Republicans take the "initiative" in 2012 vote

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Republican presidential candidate and former Massachusetts Governor Mitt Romney, with his wife Ann at his side, applauds before Game 4 of the NBA Eastern Conference playoff basketball series between the Atlanta Hawks and the Boston Celtics in BostonWASHINGTON (Reuters) - Many conservatives are unexcited about Mitt Romney's presidential candidacy, but Republicans are counting on them to come out to vote on issues like abortion and gay marriage, and perhaps tick the Romney box while at the polling station. This tactic helped President George W. Bush win re-election in 2004. Ballot initiatives opposing same-sex marriage in 11 states tapped into the passion of conservative Christians and pushed him to a narrow victory. ...


Warren Buffett says buying stocks amid market dip

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Berkshire Hathaway Chairman Warren Buffett wanders the company trade show before his company's annual meeting in OmahaREUTERS - Berkshire Hathaway Inc is adding to its shareholdings of two U.S. companies amid a market dip, billionaire investor Warren Buffett said on Monday. Buffett, Berkshire's controlling shareholder, also forecast record results this year for Berkshire's largest non-insurance businesses, among them railroad BNSF and utility MidAmerican. Berkshire class B shares led the insurance sector to close 1.9 percent higher at $82.47 on Monday. ...


Sarkozy seeks party unity after French defeat

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PARIS (Reuters) - Outgoing French President Nicolas Sarkozy urged his divided conservative UMP party on Monday to pull together quickly after his election defeat to fight off a double challenge from the left and far-right in parliamentary polls next month. Sarkozy, who lost Sunday's presidential election to Socialist Francois Hollande, told senior UMP members to "play hard" and warned against splitting into factions that would weaken the party's standing in parliament. ...

Army: no bullet wound found in soldier Skype death

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FILE - This undated file photo provided by the U.S. Army shows Capt. Bruce Kevin Clark, who died while speaking to his wife on a Skype video chat on May 1, 2012, from his base in Tarin Kot, Afghanistan, southwest of Kabul. Clark's wife, Susan Orellana-Clark, has suggested that he was shot, citing a hole visible in the closet behind him that she believed was a bullet hole. Army investigators said an initial probe showed no trauma to the body except that Clark broke his nose when he fell forward. (AP Photo/U.S. Army, File)Army investigators say they found no bullet wound and no foul play in the death of a soldier who died during a Skype video chat with his wife.


Warren Buffett says buying stocks amid market dip

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Warren Buffett is surrounded by the media, security and shareholders during the Berkshire Hathaway Annual shareholders meeting in Omaha(Reuters) - Berkshire Hathaway Inc is adding to its shareholdings of two U.S. companies amid a market dip, billionaire investor Warren Buffett said on Monday. Buffett, Berkshire's controlling shareholder, also forecast record results this year for Berkshire's largest non-insurance businesses, among the railroad BNSF and utility MidAmerican. Berkshire class B shares led the insurance sector to close 1.9 percent higher at $82.47 on Monday. ...


Five suspected in Ohio bombing attempt plead not guilty

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FBI handout photo of Baxter, Hayne, Stafford, Stevens and WrightCLEVELAND (Reuters) - Five men charged with trying to blow up a four-lane highway south of Cleveland pleaded not guilty on Monday in a federal court crowded with their supporters. The five, Douglas Wright, Brandon Baxter, Anthony Hayne, Connor Stevens and Joshua Stafford, were arrested last Tuesday after allegedly paying an undercover FBI agent $900 for what they believed to be bombs, but were actually fakes. The men, ranging in age from 20 to 37, had attempted to use the fake bombs to blow up a bridge on a four-lane highway in a May Day protest, according to prosecutors. ...


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