Obama wants new banking rules put in place soon

Obama wants new banking rules put in place soonPresident Barack Obama says the big trading loss at JPMorgan Chase shows the need to finally put in place banking rules he signed into law two years ago. He also is calling on Congress to stop trying to ...


Obama to Congress: Put in place banking rules now

President Barack Obama waves as he walks from the White House in Washington, Friday, May 18, 2012, to board Marine One, as he travels to Camp David for the G8 Summit. (AP Photo/Carolyn Kaster)President Barack Obama says the big trading loss at JPMorgan Chase shows the need for Congress to finally put in place banking rules he signed into law two years ago. He also is calling on lawmakers to stop trying to weaken the regulations.


Obama: More teeth needed for Wall Street reforms

President Barack Obama waves as he walks from the White House in Washington, Friday, May 18, 2012, to board Marine One, as he travels to Camp David for the G8 Summit. (AP Photo/Carolyn Kaster)President Barack Obama says the big trading loss at JPMorgan Chase shows the need for Congress to put more teeth into Wall Street reforms intended to prevent the practices that led to the 2008 financial meltdown.


How Has Comedy Fared at Cannes?

The last time a movie that could in no way be argued as belonging to any other genre than Comedy won the Best Picture prize at the Oscars, Jimmy Carter had barely occupied the White House long enough to know where all the bathrooms were located. Since "Annie Hall" upset that little saga taking place in a galaxy far away, a handful of titles have been typed on that page sealed inside the final remaining envelope at the Academy Awards ceremony that contain healthy doses of humor, but that also immediately stimulate disagreement over whether or not they are really comedies.

Bush returning to White House to unveil official portrait

Washington, May 19 (ANI): George W. Bush is returning to 1600 Pennsylvania Avenue after more than two years.

Obama touts reforms after bank’s $2 billion loss

President Barack Obama waves as he walks from the White House in Washington, Friday, May 18, 2012, to board Marine One, as he travels to Camp David for the G8 Summit. (AP Photo/Carolyn Kaster)President Barack Obama on Saturday pointed again to the multi-billion-dollar trading loss at JPMorgan Chase as a reason Congress should retain and continue to implement Wall Street reforms to prevent the kinds of practices that he says led to the financial meltdown in 2008.


Bush to return to White House to unveil official portrait

Washington, May 19 (Xinhua-ANI): Former U.S. President George W. Bush is expected to return to the White House for the unveiling of his official portrait honored by sitting President Barack Obama later this month, both Bush's office and the White House confirmed Friday.

What is the Answer to the Problems in America’s Prisons?

“EVIL DOESN’T LIKE THE TRUTH” by Todd Sweet, ©2012 (May 18, 2012) —[Editor's Note:  The following letter from Todd Sweet is his assessment of his situation after having been relocated to CCA in Clifton, TN in early February of this year.  Some of the material contained herein is not suitable for children, but we have [...]

Bush to unveil his portrait in White House

Washington, May 19 (IANS) Former US President George W. Bush will unveil his portrait in the White House later this month, his office said Friday.

At ‘bridge to nowhere,’ Romney slams Obama on economy

Republican presidential candidate and former Massachusetts Governor Romney speaks to supporters in front of Sawyer Bridge during campaign event in HillsboroughHILLSBOROUGH, New Hampshire (Reuters) - Republican presidential candidate Mitt Romney returned to his economic message on Friday, highlighting a "bridge to nowhere" rebuilt by stimulus money and warning the U.S. economy could suffer a fiscal crisis like California's if he is not elected in November. Rising in the polls this week, Romney is eager to follow through by hammering at the White House's handling of the weak economy. ...