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Senators to Unveil the ‘Ex-Patriot Act’ to Respond to Facebook’s Saverin’s Tax ‘Scheme’

(ABC News) Sen. Chuck Schumer, D-N.Y., has a status update for Facebook co-founder Eduardo Saverin: Stop attempting to dodge your taxes by renouncing your U.S. citizenship or never come to back to the U.S. again.

shawn703

Obama's clean debt-ceiling request stuns Boehner

(MarketWatch) President Barack Obama's refusal to tie spending cuts to a hike in the U.S. debt limit "almost took my breath away," House Speaker John Boehner said on Thursday. Obama met Boehner and other congressional leaders for a White House lunch on Wednesday and reportedly clashed over raising the debt ceiling. Boehner wants spending cuts to equal any hike in the debt limit.

kpete

Bringing Back Rev. Jeremiah Wright Puts 'Mormonism On The Table'

Roland Martin was on CNN this morning along with The Blaze's Will Cain, who also had questions about the latest anti-Obama ad that emphasized his middle name: "what are you trying to reinforce there?" Martin interjected that this was precisely "why this is so stupid." "You can try all day to drudge up Jeremiah Wright," he warned conservatives, "but you're now putting Mormonism on the table..."

deacon

Romney Ropes Off Media to Avoid Making Unscripted Gaffes

(Businessweek) Mitt Romney’s presidential campaign is clamping down on unrehearsed comments by the presumed Republican nominee, tightening control of his message to limit gaffes as he courts a broader swath of the electorate that will decide the November election.

progressoid

Uber-Wealthy Capitalist Gave a TED Talk -"Rich People Don't Create Jobs"- And TED Refuses to Post It

(Business Insider) As the war over income inequality wages on, super-rich Seattle entrepreneur Nick Hanauer has been raising the hackles of his fellow 1-percenters, espousing the contrarian argument that rich people don't actually create jobs. The position is controversial — so much so that TED is refusing to post a talk that Hanauer gave on the subject.

kpete

Bill Clinton on John Boehner

"Mr. Speaker, I like it when you cry. You give new meaning to compassionate conservative."

Drunken Irishman

WaPo/ABC poll: 54% of blacks support gay marriage in wake of Obama announcement...

To quote Joe Biden, this is a big fucking deal because I think with the President coming out in support of gay marriage, it will help inch more and more blacks toward it. While 54% is not a huge number, only 37% now say they don't have a favorable impression of it. To compare, in '08, only 35% said gay marriage was acceptable. The biggest holdouts? White Protestants. Anyone really surprised?

ProSense

"...Romney is operating from the assumption that voters are stupid."

(Steve Benen) Mitt Romney delivered a curious speech in Iowa yesterday, presenting his thoughts on the budget deficit, the debt and debt reduction, which is worth reading if you missed it. We often talk about the problem of the left and right working from entirely different sets of facts, and how the discourse breaks down when there's no shared foundation of reality, and the Republican's remarks offered a timely peek into an alternate reality where facts have no meaning.

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Former Editor Says Murdoch Sowed Seeds of Hacking Scandal

49 min ago - Former editor says Murdoch sowed seeds of hacking scandal By Guy Faulconbridge and Kate Holton LONDON | Fri May 18, 2012 3:16am BST (Reuters) - Rupert Murdoch sowed the seeds of the phone hacking scandal that has tarnished his reputation by forcin ... (Reuters)

Eduardo Saverin Can Be Barred From U.S. By Homeland Security, Sen. Jack Reed Says

1 hr ago - WASHINGTON -- A Democratic senator has asked the Obama administration to immediately bar Facebook co-founder Eduardo Saverin from re-entering the U.S., based on a previously unenforced 1996 law. Sen. Jack Reed of Rhode Island, who as a congressman i ... (Huffington Post)

Documents Show Cops Believed Trayvon Martin Killing Was ‘Ultimately Avoidable’

1 hr ago - The killing of Trayvon Martin was “ultimately avoidable” if George Zimmerman had just stayed in his vehicle instead of pursuing the unarmed teen, Florida police investigators concluded in one of a series of reports on the case released late Thursday. ... (Talking Points Memo)

Manny Pacquiao: 'To the gay community, I apologize'

1 hr ago - To the gay community, I apologize,” “What I said is a reporter asked me about gay marriage …. I am against gay marriage, but I’m not condemning gays,” “I have family — a cousin — who’s gay, and friends too. I’m just against gay marriage. I don’t ev ... (Los Angeles Times)

US envoy to Israel: US ready to strike Iran

1 hr ago - The U.S. has plans in place to attack Iran if necessary to prevent it from developing nuclear weapons, Washington's envoy to Israel said, days ahead of a crucial round of nuclear talks with Tehran. Dan Shapiro's message resonated Thursday far beyond ... (CBS)

Romney denounces idea of Obama-Wright campaign ads

1 hr ago - By BETH FOUHY and PHILIP ELLIOTT JACKSONVILLE, Fla. (AP) - Mitt Romney swiftly and firmly distanced himself Thursday from a group exploring plans to target President Barack Obama's relationship with a controversial former pastor. But the revival of ... (AP-Excite)

Facebook's IPO one of world's largest

1 hr ago - By BARBARA ORTUTAY NEW YORK (AP) - Facebook found more than enough friends. The world's definitive online social network said Thursday that it raised $16 billion for itself and its early investors in an initial public stock offering that values Fac ... (AP-Excite)

Exclusive: U.N. probes possible NKorea arms trade with Syria, Myanmar

1 hr ago - (Reuters) - A U.N. panel of experts that monitors compliance with sanctions on North Korea is investigating reports of possible weapons-related deals between Pyongyang and Syria and Myanmar, the panel said in a confidential report seen by Reuters on ... (Reuters)

Prison Rape: Department Of Justice Orders Increase In Anti-Rape Efforts

2 hrs ago - WASHINGTON — The Obama administration ordered federal, state and local officials Thursday to adopt zero tolerance for prison rape as it issued mandatory screening, enforcement and prevention regulations designed to reduce the number of inmates who su ... (Huffington Post)

Reports: HP poised to eliminate up to 30,000 jobs

2 hrs ago - SAN FRANCISCO (AP) — Hewlett-Packard is poised to eliminate as many as 30,000 jobs to compensate for dwindling demand for personal computers as more people connect to the Internet on smartphones and tablets, according to reports published Thursday. ... (Associated Press)

‘Born in Kenya': Obama's literary agent misidentified his birthplace in 1991

3 hrs ago - <snip> Obama's former literary agency misidentified his birthplace as Kenya while trying to promote the then-Harvard Law grad as an author in 1991. According to a promotional booklet produced by the agency, Acton & Dystel, to showcase its ... (abcnews.go.com)

Rahm Emanuel ‘livid,’ not returning calls from Ricketts family

4 hrs ago - Chicago Mayor Rahm Emanuel is not returning calls from the Ricketts family and is “livid” over a New York Times report that Joe Ricketts commissioned a proposal for a multimillion-dollar ad campaign linking President Obama to the president’s former p ... (Washington Post)

Marshall says 'sodomy is not a civil right'

6 hrs ago - In a testy interview today with CNN's Brooke Baldwin on the Virginia legislature's recent refusal to appoint openly gay Richmond prosecutor Tracy Thorne-Begland to a judgeship, Del. Robert G. Marshall, R-Prince William, declared that "sodomy is ... (Richmond Times-Dispatch (Virginia))

Exclusive | Geithner: 'I Don't Understand' Why Debt Ceiling Debate Is Back

6 hrs ago - Treasury Secretary Timothy Geithner told the PBS NewsHour's Jeffrey Brown during a factory tour Thursday that he couldn't understand why the debate over the federal debt limit is back again. The visit to Marlin Steel Wire Products, a Baltimore manuf ... (PBS)

Cops, Witnesses Back Up George Zimmerman's Version of Trayvon Martin Shooting

6 hrs ago - Two police reports written the night that George Zimmerman shot Trayvon Martin said that Zimmerman had a bloody face and nose, according to police reports made public today. The reports also note that two witness accounts appear to back up Zimmerman ... (ABC News)

Raul Castro's daughter granted US visa

6 hrs ago - The daughter of Cuban president Raul Castro has been granted a US visa to attend an academic conference in San Francisco and another event, one of her associates confirmed Thursday. The decision has already drawn fire from Cuban American politicians ... (The Guardian)

U.S. Slaps High Tariffs on Chinese Solar Panels

6 hrs ago - The United States Commerce Department announced on Thursday the imposition of anti-dumping tariffs of more than 31 percent on solar panels from China, a decision certain to infuriate Chinese officials already upset after recent bilateral frictions ov ... (NYT)

Alabama governor wants more discussion on immigration law

6 hrs ago - Alabama's governor on Thursday called in lawmakers for a special session in part to further explore changes to the state's anti-illegal immigration law, considered the country's toughest. The day before, lawmakers had passed a bill, HB 658, which pr ... (CNN)

Senate Banking Committee to ask Dimon to testify

7 hrs ago - By Dave Clarke WASHINGTON | Thu May 17, 2012 3:50pm EDT (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon will be invited to testify before Congress over the recent trading losses announced by the bank, U.S. Senate Banking Committee C ... (Reuters)

H-P gains on layoff reports (30,000 jobs); techs slip

7 hrs ago - Hewlett-Packard was able to defy a sell-off across the rest of the tech sector on Thursday afternoon, as news leaked out that the troubled industry titan was planning to cut as many as 30,000 jobs. Reports in various media outlets said H-P HPQ +0.05 ... (MarketWatch)

(Maryland) Delegate warns of 'black youth mobs'

8 hrs ago - A Baltimore County delegate said Wednesday that the governor should send in the Maryland State Police to control "roving mobs of black youths" at Baltimore's Inner Harbor, prompting a colleague to label the message "race-baiting." ... (Baltimore Sun)

Australasia has hottest 60 years in a millennium, scientists find

9 hrs ago - The last 60 years have been the hottest in Australasia for a millennium and cannot be explained by natural causes, according to a new report by scientists that supports the case for a reduction in manmade carbon emissions. In the first major study o ... (The Guardian)

Senate Republicans block Iran sanctions vote

9 hrs ago - WASHINGTON (Reuters) - Senate Republicans blocked new economic sanctions on Iran's oil sector on Thursday, saying they needed more time to study revisions, a surprise move that drew anger from Senate Democrats who had expected unanimous approval ahea ... (Chicago Tribune)

Vermont first state to ban fracking

9 hrs ago - Vermont's governor has signed a bill making it the first U.S. state to ban fracking, the controversial practice to extract natural gas from the ground. "This is a big deal," Gov. Peter Shumlin said Wednesday. "This bill will ensure th ... (CNN)

French ministers sign up to austerity wages and sober code of conduct

9 hrs ago - Members of France's new government took up their posts on Thursday with President François Hollande's promise of "dignity, simplicity and sobriety" ringing in their ears. For the first time, half of the 34 appointed ministers are women, an ... (The Guardian)

Obama's clean debt-ceiling request stuns Boehner

9 hrs ago - WASHINGTON (MarketWatch) -- President Barack Obama's refusal to tie spending cuts to a hike in the U.S. debt limit "almost took my breath away," House Speaker John Boehner said on Thursday. ... (Marketwatch)

Iran Attack Decision Nears, Israeli Elite Locks Down

10 hrs ago - By Michael Stott JERUSALEM | Thu May 17, 2012 12:39pm EDT (Reuters) - --clip This inner sanctum at the end of a corridor between Netanyahu's private room and the office of his top military adviser, is where one of the decade's most momentous milit ... (REUTERS)

Fred Davis, Joe Ricketts Disavow Rev. Wright Proposal

10 hrs ago - Fred Davis, the Republican ad man whose firm was responsible for the plan to attack President Obama by emphasizing his connection to the Rev. Jeremiah Wright, sent the following statement to TPM from his firm Strategic Perception: The document refer ... (talkingpointsmemo.com)

Senate Confirms Fed Board Nominees

10 hrs ago - WASHINGTON — The Senate on Thursday confirmed two nominees chosen by President Obama for the Federal Reserve Board of Governors, overcoming Republican objections and bringing the seven-member board to full strength for the first time since 2006, befo ... (New York Times)

Bill to decriminalize small amount of marijuana gets N.J. Assembly committee hearing

10 hrs ago - TRENTON — A bill to decriminalize possession of up to 15 grams of marijuana is up for an Assembly committee hearing Monday. Under the bill (A1465), those caught the first time would face a $150 fine. A second offense would carry a $200 fine and a th ... (Star-Ledger)

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