Friday, September 7, 2012

Yahoo! News: Politics News

Yahoo! News: Politics News


Analysis: Weak jobs report delivers blow to Obama

Posted: 07 Sep 2012 02:18 PM PDT

President Barack Obama speaks at a campaign event at Strawbery Banke Museum in Portsmouth, N.H., Friday, Sept. 7, 2012. (AP Photo/Carolyn Kaster)The disappointing August jobs report raises yet another campaign obstacle for President Barack Obama and makes his hopes of holding onto his own job even more challenging — especially in closely contested battleground states with painfully high levels of unemployment.


Gloomy jobs report shadows race with 60 days left

Posted: 07 Sep 2012 01:06 PM PDT

President Barack Obama arrives at a campaign event at Strawbery Banke Museum in Portsmouth, N.H., Friday, Sept. 7, 2012. (AP Photo/Carolyn Kaster)A dismal new snapshot of jobs in America shadowed the presidential campaign on Friday, testing the voter patience that will save or sink President Barack Obama's re-election bid. Seizing on the timing, Republican Mitt Romney said Obama's convention party had given way to quite a "hangover."


Romney, Obama in battle for working-class whites

Posted: 07 Sep 2012 02:20 PM PDT

Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks during a campaign rally, Friday, Sept. 7, 2012, in Orange City, Iowa. (AP Photo/Evan Vucci)President Barack Obama and Republican rival Mitt Romney are working feverishly for an increasingly smaller but crucial slice of the electorate — white, working-class voters.


Eastwood calls Republican speech "unorthodox," dismisses critics

Posted: 07 Sep 2012 02:38 PM PDT

Actor Clint Eastwood addresses the final session of the Republican National Convention in Tampa(Reuters) - Actor Clint Eastwood said he came up with idea for his "very unorthodox" speech at the Republican convention just hours ahead of time, and made a last-minute decision to cast an empty chair as an invisible President Barack Obama. In his first public comments about the unscripted speech last week, the Oscar-winning actor and director said he had little public speaking experience but felt his improvized chat with the president -- which puzzled viewers and has become the brunt of jokes -- had accomplished his goals. ...


U.S. to blacklist Pakistan-based Haqqani as terrorists: NYT

Posted: 07 Sep 2012 03:16 PM PDT

An Afghan security personnel holds his weapon as he leaves the area after a battle with insurgents who took over a building near the U.S. embassy in Kabul September 14, 2011. REUTERS/Ahmad MasoodWASHINGTON (Reuters) - The United States is preparing to designate the Pakistan-based Haqqani network as a terrorist group as early as Friday, the New York Times said on its website. The Haqqanis, a Pashtun tribe with strongholds in southeastern Afghanistan and across the border in Pakistan, have been blamed for an attack on the U.S. embassy in Kabul and other high-profile assaults in Afghanistan. ...


Ann Romney Refuses To Answer Questions On Social Issues

Posted: 07 Sep 2012 02:23 PM PDT

Ann Romney has a message and she's sticking to it. Pressed to expand on her campaign talking points during an interview today with Davenport, Iowa's KWQC, the Republican candidate's wife accused anchor David Nelson of trying to drag her into a debate about "hot-button issues that distract...

Romney, Obama in battle for working-class whites

Posted: 07 Sep 2012 02:20 PM PDT

Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks during a campaign rally, Friday, Sept. 7, 2012, in Orange City, Iowa. (AP Photo/Evan Vucci)President Barack Obama and Republican rival Mitt Romney are working feverishly for an increasingly smaller but crucial slice of the electorate — white, working-class voters.


Romney: Obama gives no confidence of creating jobs

Posted: 07 Sep 2012 02:20 PM PDT

Republican presidential candidate Mitt Romney speaks during a campaign stop in Orange City, Iowa, Friday, Sept. 7, 2012. (AP Photo/Nati Harnik)Republican presidential candidate Mitt Romney claimed Friday that President Barack Obama has failed to fulfill his promises in part because he does not understand what it takes to ignite a more robust economic recovery.


Paul Ryan Calls Obama 'Not a Bad Guy,' But 'Bad at Creating Jobs'

Posted: 07 Sep 2012 02:19 PM PDT

SPARKS, Nevada–Traditionally the No. 2 on a presidential ticket is the attack dog, and Paul Ryan in recent days has been going after the president pretty hard. But Friday the GOP vice presidential candidate lodged his attack beginning with a compliment. "You know the president...

Analysis: Weak jobs report delivers blow to Obama

Posted: 07 Sep 2012 02:18 PM PDT

President Barack Obama speaks at a campaign event at Strawbery Banke Museum in Portsmouth, N.H., Friday, Sept. 7, 2012. (AP Photo/Carolyn Kaster)The disappointing August jobs report raises yet another campaign obstacle for President Barack Obama and makes his hopes of holding onto his own job even more challenging — especially in closely contested battleground states with painfully high levels of unemployment.


Discouraged Workers, 3 Obamas, Eastwood Talks to Pine Cone (PM Note)

Posted: 07 Sep 2012 02:14 PM PDT

Discouraged Workers – The unemployment rate dropped, but for all the wrong reasons as nearly 400,000 Americans stopped looking for work. http://abcn.ws/Q4E3fg Mitt Romney called "the hangover" from last night's speech by President Obama to the Democratic National Convention. Paul Ryan said This Is  'Not...

U.S. Ex-Im Bank backs $2 billion loan for UAE nuclear plant

Posted: 07 Sep 2012 02:14 PM PDT

WASHINGTON (Reuters) - The U.S. Export-Import Bank said on Friday it authorized a $2 billion direct loan to Barakah One Co of the United Arab Emirates to purchase U.S. equipment and construction services to build one of the world's largest nuclear power plants. The credit line is expected to support approximately 5,000 jobs across 17 U.S. states and has the support of the White House's National Security Council as well as the departments of State and Energy, Ex-Im Bank said. ...

Analysis: Military spending cuts squeeze suppliers - CEOs

Posted: 07 Sep 2012 02:00 PM PDT

A flight deck crew runs as he prepares a U.S. Navy F/A-18F Super Hornet for take-off on the U.S. Navy's USS George Washington aircraft carrier during a joint military drills between the U.S. and South Korea in the West SeaWASHINGTON (Reuters) - Declines in U.S. and European defense spending are putting heavy pressure on thousands of small and mid-sized companies that together build about 70 percent of major weapons systems, top defense and industry officials warned this week. They forecast a new wave of consolidation as smaller companies adjust to more austere times, but say some may exit the arms business completely, which could result in bottlenecks and strains in the supply chain for years. ...


THE RACE: Obama-Romney contest goes into high gear

Posted: 07 Sep 2012 01:56 PM PDT

President Barack Obama speaks at a campaign event at Strawbery Banke Museum in Portsmouth, N.H., Friday, Sept. 7, 2012. (AP Photo/Carolyn Kaster)The presidential race is moving into high gear.


Obama takes slim post-convention lead over Romney: Reuters/Ipsos poll

Posted: 07 Sep 2012 01:52 PM PDT

U.S. President Barack Obama accepts the 2012 U.S Democratic presidential nomination as he addresses delegates during the final session of the Democratic National Convention in CharlotteWASHINGTON (Reuters) - President Barack Obama regained some footing and overtook his Republican rival Mitt Romney in a new Reuters/Ipsos poll released on Friday, a day after the end of the Democratic convention. In what appears to be a convention-induced bounce, Obama jumped ahead in the latest daily tracking poll with 46 percent of 1,434 likely voters saying they would vote for him if the November 6 elections were held today, topping Romney's 44 percent. The rolling four-day online poll was conducted through early Friday. ...


Romney pounces on Obama over disappointing job news

Posted: 07 Sep 2012 02:47 PM PDT

Republican presidential candidate and former Massachusetts Governor Mitt Romney speaks at a campaign rally at Northwestern College in Orange City, IowaPORTSMOUTH, N.H./ORANGE CITY, Iowa (Reuters) - President Barack Obama charged back onto the campaign trail on Friday and faced a withering attack from Republican rival Mitt Romney over disappointing new U.S. jobs numbers that dimmed the afterglow from Obama's Democratic convention. Just hours after basking in his supporters' adulation in Charlotte, North Carolina, Obama was hit by a stark reminder of the challenge he faces convincing voters to give him a second term despite stubbornly high unemployment on his watch. ...


US declares Haqqani network a terrorist body

Posted: 07 Sep 2012 03:01 PM PDT

FILE - In this Oct. 27, 2011 file photo, Secretary of State Hillary Rodham Clinton testifies on Capitol Hill in Washington before the House Foreign Affairs Committee following her trip the week before to Afghanistan and Pakistan. Clinton notified Congress Friday, Sept. 7, 2012, that the Obama administration has declared the Pakistan-based insurgent Haqqani network a terrorist body. The move, which bans Americans from doing any business with members of the group and blocks any assets it holds in the United States, could undermine Afghan peace efforts and test fragile U.S.-Pakistani relations. (AP Photo/Pablo Martinez Monsivais, File)The Obama administration declared Friday that the Pakistan-based Haqqani network of militants is a terrorist body despite misgivings about how the largely symbolic act could further stall planned Afghan peace talks or put yet another chill on the United States' already fragile counterterrorism alliance with Islamabad.


Dow Chemical loses U.S. court test of R&D tax credits

Posted: 07 Sep 2012 01:40 PM PDT

WASHINGTON/NEW YORK (Reuters) - In a tax decision with broad impact for manufacturing companies, a U.S. appeals court ruled on Friday that Dow Chemical Co could not retroactively claim research and development tax credits for improving how it made an existing product. The case pitted the largest U.S. chemicals maker against the Internal Revenue Service, which often fights with companies over the R&D credit. The IRS had argued that a unit of Dow improperly claimed the credit for normal manufacturing operations. ...

Obama's speech stirs record response on Twitter

Posted: 07 Sep 2012 01:29 PM PDT

U.S. President Barack Obama, first lady Michelle Obama, U.S. Vice President Joe Biden, and Biden's wife Jill wave at a campaign event at the Strawbery Banke Museum in Portsmouth, New HampshireLOS ANGELES (Reuters) - President Barack Obama's speech at the Democratic National Convention on Thursday night ranked as the biggest political moment ever on the social media site Twitter. The number of tweets about the Democratic convention blew away similar figures from the Republican National Convention a week earlier. The Obama campaign has always made extensive use of social media to reach young voters and media scholar Robert Thompson of Syracuse University said Thursday night's speech was split up into seven-minute sections that make it ideal for Web distribution. ...


Plouffe Sees Post-Convention 'Momentum' but No Bounce

Posted: 07 Sep 2012 01:17 PM PDT

The Obama camp is downplaying any expectation of a bounce in the polls as its waits to see whether its convention will move the needle on a race that has been neck-and-neck for months. "Our belief is we entered the convention with a small but important lead...

Facebook pix spat sparks Philadelphia plane bomb hoax

Posted: 07 Sep 2012 01:11 PM PDT

Christopher Shell is seen in this DFW Airport Department of Public Safety handout booking photoPHILADELPHIA (Reuters) - A man avenging his girlfriend over a questionable Facebook photograph was charged on Friday with falsely reporting explosives aboard a plane that was ordered to return to Philadelphia Airport, authorities said. Kenneth Smith Jr., 26, was charged with using a telephone to convey false information about the woman's former boyfriend, who was a passenger aboard the US Airways flight from Philadelphia to Dallas on Thursday. ...


Gloomy jobs report shadows race with 60 days left

Posted: 07 Sep 2012 01:06 PM PDT

President Barack Obama arrives at a campaign event at Strawbery Banke Museum in Portsmouth, N.H., Friday, Sept. 7, 2012. (AP Photo/Carolyn Kaster)A dismal new snapshot of jobs in America shadowed the presidential campaign on Friday, testing the voter patience that will save or sink President Barack Obama's re-election bid. Seizing on the timing, Republican Mitt Romney said Obama's convention party had given way to quite a "hangover."


Eastwood talks about convention chat with chair

Posted: 07 Sep 2012 12:49 PM PDT

FILE - This Aug. 30, 2012 file photo shows actor Clint Eastwood addressing an empty chair at the Republican National Convention in Tampa, Fla. More than a week after Clint Eastwood delivered a speech to the Republican National Convention, the veteran Hollywood actor-director continues to be mocked for his peculiar, rambling conversation with an imaginary President Barack Obama in an empty chair on stage, begging the question: Will his latest film also be playing to empty seats when it debuts later this month? (AP Photo/Charles Dharapak, file)Clint Eastwood said the idea to use an empty seat as a prop at the Republican National Convention was a spur-of-the-moment decision when someone backstage asked if he wanted to sit down.


Ex-Im Bank approves $2 billion loan for UAE nuclear plant

Posted: 07 Sep 2012 12:42 PM PDT

WASHINGTON (Reuters) - The U.S. Export-Import Bank said on Friday it has authorized a $2 billion direct loan to the Barakah One Company of the United Arab Emirates to purchase U.S. equipment and construction service to build a nuclear power plant. "In addition to bolstering American jobs, Ex-Im Bank will make history by backing the construction of the first nuclear power plant on the Arabian peninsula," Fred Hochberg, President of the U.S. Export-Import Bank, said in a statement. (Reporting by Doug Palmer)

Kenyan police seize over 150 bomb detonators from Nairobi house

Posted: 07 Sep 2012 12:26 PM PDT

NAIROBI (Reuters) - Kenyan police seized more than 150 detonators in Nairobi on Friday, highlighting the security risks the east African country faces ahead of an election next year because of its struggle with al Qaeda-linked militants in neighboring Somalia. Home to a large Somali population, Kenya has been hit by a wave of grenade attacks after its troops crossed into Somalia last year to crush al Shabaab Islamists it blamed for kidnappings and bomb attacks on its own soil. ...

Ryan says Obama 'really bad' at creating jobs

Posted: 07 Sep 2012 12:25 PM PDT

Republican vice presidential nominee Paul Ryan says President Barack Obama isn't a bad guy — he's just "really bad" at creating jobs.

AdWatch: Swarm of Romney ads strikes local chords

Posted: 07 Sep 2012 02:58 PM PDT

TITLE: "Better Future"

U.S. may fight Solyndra tax breaks in bankruptcy plan

Posted: 07 Sep 2012 12:20 PM PDT

A sign at the entrance to the headquarters of bankrupt Solyndra LLC is shown in FremontWILMINGTON, Delaware (Reuters) - The U.S. government is gearing up for a politically charged fight over Solyndra's bankruptcy plan, as the former solar panel maker supported by President Barack Obama revealed a further $23 million in potential tax breaks for its venture capital backers. A U.S. bankruptcy judge on Friday cleared the way for creditors to vote on the plan, and scheduled a hearing to consider approval on October 17, less than three weeks before the November 6 election. ...


Romney Calls Obama Speech 'Disappointing'

Posted: 07 Sep 2012 12:13 PM PDT

Romney Defends His Foreign Policy CredsORANGE CITY, Iowa – In his first public campaign event in five days, Mitt Romney gave a scathing review of President Obama's convention speech, referring to it as "extraordinarily, surprisingly disappointing." "I was surprised by his address because I expected him to confront the major...


White House Misses Deadline Outlining Defense Cuts

Posted: 07 Sep 2012 12:08 PM PDT

White House officials today acknowledged that they had not met the deadline to outline how the president would make the defense cuts required by law to be made because of the failure of the bipartisan, poorly-named Super-committee to agree on $1.5 trillion in deficit reduction...

Shepard Fairey spared prison in Obama poster image fraud

Posted: 07 Sep 2012 12:07 PM PDT

Street artist Fairey exits the Manhattan Federal Court after being sentenced in the case against him, in New YorkNEW YORK (Reuters) - The artist who created the "Hope" portrait of Barack Obama that became emblematic of the president's triumphant 2008 campaign was sentenced to community service on Friday after admitting he had lied about which image he used. Los Angeles-based street artist Shepard Fairey, 42, became a celebrity for creating the red, white and blue image of Obama silhouetted above the word "Hope" on a poster. ...


Bolivia says Washington won't extradite former leader

Posted: 07 Sep 2012 11:59 AM PDT

LA PAZ (Reuters) - Washington has refused to extradite a former Bolivian president to the South American country to stand trial over political violence that forced him from office nine years ago, President Evo Morales said on Friday. Former leader Gonzalo Sanchez de Lozada is accused of corruption and responsibility for the deaths of 63 people killed in clashes between security forces and anti-government protesters in October 2003. ...

Chicago braces for first teacher strike in a generation

Posted: 07 Sep 2012 11:53 AM PDT

Chicago Mayor Emanuel addresses first session of the Democratic National Convention in CharlotteCHICAGO (Reuters) - A bitter dispute between unionized public school teachers and Chicago Mayor Rahm Emanuel has residents of the third-largest U.S. city bracing for a possible teachers' strike on Monday in a showdown over education reform that has national implications. Nearly 30,000 public school teachers and support staff represented by the Chicago Teachers Union have vowed to walk off the job starting at 12:01 a.m. (0401 GMT) on Monday if an impasse in contract talks with the city is not broken. ...


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