US
States
_Canada
New York capital:
Albany,
New
York
US
Capitals
State Postal Code: NY:
New
York State Abbreviation
State
Abbr.
New York state is
bordered by the states of Vermont, Massachusetts, Connecticut (east), New
Jersey and Pennsylvania (south).
New York state also borders the Atlantic Ocean (east) and Lake Erie
and Lake Ontario (northwest).
Canada
New York state is also bordered by the country of Canada and the
Canadian provinces of Ontario (northwest) and Quebec (north).
~~~~~~~~~~~~~
|
New
York
NEW YORK News:
20080805
John
McCain - Oil
- Politics
- 2008
Election - NY
"Did
New York couple give $61,600 to McCain, GOP?" ...
"Alice Rocchio is an office manager at the New York headquarters of the
Hess Corp. [Corporation], drives a 1993 Chevy Cavalier and lives in an
apartment in Queens, N.Y. [New York], with her husband, Pasquale, an Amtrak
foreman." ... "Despite what appears to be a middle-class lifestyle, the
couple has written $61,600 in checks to John McCain's presidential campaign
and the Republican National Committee, most of it within days of McCain's
decision to endorse offshore oil drilling." ... "At a June fundraiser,
the Rocchios joined top executives at Hess Corp. — Chairman and Chief Executive
Officer John Hess, his wife, Susan, his mother, Norma Hess, and six other
officials in giving a total of $313,500 to a joint McCain-RNC [Republican
National Committee] fundraising committee, Federal Election Commission
records show." ... "The donations, first traced by Campaign Money Watch
last week, were part of $1.2 million in oil industry contributions to McCain's
Victory '08 Committee, 73 percent coming after McCain reversed his long-held
opposition to offshore oil drilling." -ByGreg
Gordon -McClatchyDC.com
CampaignMoney.org/mccainoil
John
McCain - Oil
- Money
- Politics
- 2008
Election - New
York - Texas
- Ocean
- Environment
"Oilman
greases skids for McCain campaign: Among the donors
from John B. Hess' company are an office manager and her husband, who pony
up $57,000." ... "On June 10, John B. Hess, a top executive at the oil
company with his family name, summoned friends to the 21 Club, a former
speakeasy in Manhattan [New York], and delivered $285,000 to [2008 Election
Republican Presidential Candidate] John McCain and the Republican National
Committee." ... "A week later, McCain traveled to Texas and announced his
support for offshore oil drilling." ... "Hess Corp. is an East Coast gasoline
retailer with major refining and exploration operations, some of which
happen to be offshore in the Gulf of Mexico." ... "Hess was one of half
a dozen hosts who tapped friends for the maximum $28,500 donation to the
GOP. Others included investor Henry Kravis and hedge fund mogul Paul E.
Singer." -By Dan Morain
-LAtimes
20080804
US_Debt
- Government
- Money
- Countrywide
Financial Corporation - Real
Estate - North
Carolina - New
York - US
- United
Kingdom
"Fewest
Treasury Traders Since 1960 Hit Taxpayers (Update4)."
... "For the first time since 1960, when it created the network of securities
firms obligated to buy and sell Treasury bonds, the U.S. government has
the fewest bond traders making markets in its debt and a bigger burden
for American taxpayers financing record federal deficits."
... "The number of so-called primary government securities dealers declined
to 19 last month when Bank of America Corp., based in Charlotte, North
Carolina, acquired the troubled Countrywide Financial Corp. The sale was
the climax of dozens of bank failures, triggered by the biggest decline
in residential real estate since the Great Depression and the seizing up
of credit markets from New York to London [United Kingdom's capital]. The
Federal Reserve Bank of New York, the agent of the U.S. Treasury, plans
to shrink the dealers again when JPMorgan
Chase & Co. completes its takeover of Bear Stearns Cos." ...
"The paucity of primary dealers coincides with the largest borrowing requirement
in American history and the acknowledgment by the administration of [Republican]
President George W. Bush that the U.S. will finance a budget deficit totaling
a record $482 billion next year. When the dealer system began 48 years
ago with 18 firms, the U.S. had a $300 million surplus. The group has shrunk
from a peak of 46 in 1988. " -By Sandra Hernandez
-Bloomberg
20080729
Homes
- Nevada
- Florida
- Phoenix
- Arizona
- Los
Angeles - San
Diego - San
Francisco - California
- Florida
- Michigan
- Minnesota
- Illinois
- Ohio
- Georgia
- New
York - Seattle
- Washington
- Massachusetts
- Portland
- Oregon
- Colorado
- Texas
- North
Carolina
"Home
prices down 15.8% in past year, S&P says: Seven
of 20 cities tally monthly price gains in May, Case-Shiller data show."
... "Prices in 10 cities fell 16.9% in the past year." ... "Prices thus
are at the same levels as they were in the summer of 2004, which means
four years of appreciation have been effectively wiped out. Prices are
down 18.4% from peak levels seen two years ago." ... "Here's a list of
the 20 cities in the Case-Shiller index with the annual decline through
May: Las Vegas [Nevada], down 28.4%; Miami [Florida], down 28.3%; Phoenix
[Arizona], down 26.5%; Los Angeles [California], down 24.5%; San Diego
[California], down 23.2%; San Francisco [California], down 22.9%; Tampa
[Florida], down 20.2%; Detroit [Michigan], down 17.4%; Washington [DC],
down 15.4%; Minneapolis [Minnesota], down 14.8%; Chicago [Illinois], down
9.4%; Cleveland [Ohio], down 8%; Atlanta [Georgia], and New York [City,
New York], both down 7.9%; Seattle [Washington], down 6.3%; Boston [Massachusetts],
down 6.2%; Portland [Oregon], down 5.2%; Denver [Colorado], down 4.8%;
Dallas [Texas], down 3.1%; and Charlotte, N.C. [North Carolina], down 0.2%."
-By Rex Nutting -MarketWatch
20080718
Hillary
Clinton - Women's
- Medical
- Science
- Abortion
- Language
- Politics
- Family
- Federal
- Money
- New
York
"Clinton
vows to fight "insulting" abortion plan." ... "A
[Republican President] Bush administration plan to define several widely
used contraception methods as abortion is a "gratuitous, unnecessary insult"
to women and faces tough opposition, [New York Democratic Senator] Sen.
Hillary Clinton said on Friday." ... "The former Democratic presidential
candidate joined family planning groups to condemn the proposal that defines
abortion to include contraception such as birth control pills and intrauterine
devices." ... "It would cut off federal funds to hospitals and states where
medical providers are obligated to offer legal abortion and contraception
to women." ... ""We will not put up with this radical, ideological agenda
to turn the clock back on women's rights," the New York senator told a
joint news conference with New York [Democratic Representative] Rep. Nita
Lowey, also a Democrat, at Bellevue Hospital." ... ""Women would watch
their contraceptive coverage disappear overnight," said Clinton." (1, 2)
-By Michelle Nichols with contributions by Ellen Wulfhorst
and Eric Beech -Reuters
20080612
John
E Sweeney - Jack
Abramoff - Criminal
- Money
- Politics
- Jobs
- New
York - Federal
- Law
"Job
for funding at issue: Work record of Gayle Sweeney
[former wife of former New York Republican Representative John Sweeney]
scrutinized as FBI [Federal Bureau of Investigation] probes congressional
spouses getting work." ... "Federal investigators, several wearing Glock
pistols, asked question after question about Gayle Sweeney's work habits
in interviews with current and former employees of [Republican lobbyist]
William D. Powers' lobbying firm, sources close to the investigation said
Wednesday." ... "The FBI seized documents, computers and BlackBerries in
a roughly six-hour occupation of Powers & Co.'s Albany office on Friday
and questioned Powers, at least one of his sons and others who work for
the influential lobbying firm, according to the informed sources." ...
"Central to the inquiry is whether Powers and former Rep. John Sweeney,
R-Clifton Park, were involved in an improper quid pro quo arrangement in
which Sweeney steered federal funds to Powers' lobbying clients and Powers
set up a make-believe job for Gayle Sweeney, the congressman's wife at
the time." ... "They are are now divorced." ... "Powers, of Chatham, is
the former head of the New York Republican Party." ... "[Sweeney's lawyer
E. Stewart Jones Jr.] Jones said he doubts the investigation is a remnant
from the probe of former Washington [Republican] lobbyist Jack Abramoff."
... "But a person involved in the case, said the investigation is tied
to the FBI's probes into congressional spouses getting jobs, an offshoot
to the Abramoff bribery case." ... "Gayle Sweeney's work history did not
include politics or directing donation drives, but her husband hired her
as a fundraising consultant for his campaign. The job paid her consulting
company a commission and it received at least $42,000, according to Sweeney's
campaign records." ... "A person close to the investigation said the consulting
arrangement, first reported in the Times Union, is the root of the current
investigation." ... "Critics have questioned whether Sweeney was converting
campaign cash for personal use." (1, 2)
-By James
M. Odato -TimesUnion.com
John
McCain - Rick
Davis - Paul
J Manafort Jr - Foreign
- Money
- Politicians
- Russia
- Ukraine
- Military
- Intelligence
- Legislation
- History
- Germany
- US
- New
York - 2008
Election
"Lawmakers
Seek to Close Foreign Lobbyist Loopholes." ... "Loopholes
that lobbyists for foreign clients sometimes use to keep their activities
under wraps would be closed under legislation that two Democratic senators
are expected to offer on Thursday." ... "“The idea you could lobby an American
citizen and that it would not be disclosed is really very troubling,” [New
York Democratic Senator Charles] Mr. Schumer said in a telephone interview."
... "The issue of foreign lobbying has flared up in the current presidential
campaign because of past dealings abroad by several former lobbyists working
for Mr. McCain, the presumptive Republican nominee." ... "For instance,
a lobbying firm owned by Rick Davis, the McCain campaign manager, has worked
in recent years for a Ukraine politician, Viktor Yanukovich. Both Mr. McCain
and the [Republican President] Bush administration supported the opponent
of Mr. Yanukovich, who had close ties to Vladimir V. Putin, then the president
of Russia and now prime minister." ... "During this time, however, Mr.
Davis’s firm, Davis Manafort, never registered as a lobbyist for Mr. Yanukovich
even though Paul Manafort, Mr. Davis’s business partner, had met with the
United States ambassador in Kiev [Ukraine's capital] on Mr. Yanukovich’s
behalf." ... "In a related development, Mr. McCain may have first become
aware of Davis Manafort’s activities in Ukraine as far back as 2005. At
that time, a staff member at the National Security Council called Mr. McCain’s
Senate office to complain that Mr. Davis’s lobbying firm was undercutting
American foreign policy in Ukraine, said a person with direct knowledge
of the phone call who spoke on condition of anonymity." ... "Such a call
might mean that Mr. McCain has been long aware of Mr. Davis’s foreign clients."
... "The current law governing foreign lobbying, the Foreign Agents Registration
Act, requires those representing a foreign government or foreign officials
in the United States to inform the Department of Justice. The act does
not cover meetings abroad with United States officials." ... "The law was
enacted in the late 1930s in an effort to flush out Nazi propagandists
working in the United States. As a result, several experts have said, the
law is outdated and fails to reflect the current global nature of lobbying.
" -By Barry Meier -NYTimes
20080611
John
E Sweeney - Criminal
- Money
- Politics
- New
York - Federal
"Sweeney
connections to lobbyist examined: Relationship is
part of federal criminal probe related to earmarks." ... "A federal criminal
investigation is focusing on the relationship of lobbyist [Republican]
William D. Powers and former U.S. [United States New York Republican Representative]
Rep. John E. Sweeney in connection with a series of federal grants that
were steered to Powers' clients, according to several people familiar with
the probe." ... "The probe is being overseen by the Justice Department's
Public Integrity Section in Washington, D.C." ... "Several people familiar
with the case said it is centered on a period when Powers' clients received
the earmarks while Sweeney's then-wife, Gayle, was working for Powers'
Albany-based lobbying firm." ... "Armed with a search warrant, federal
attorneys and FBI [Federal Bureau of Investigation] agents from Albany
[New York's capital] and Washington appeared at Powers & Co.'s 90 State
St. office building on Friday. They confiscated files and interviewed employees
who were encouraged to remain in the office during the search." ... "Powers,
66, of Chatham, has been a lobbyist since he stepped down as state GOP
chairman in 2001 after holding the position for 11 years." ... "Sweeney's
wife has also been in the news for running a consulting company that received
tens of thousands of dollars from Sweeney's campaign." (1, 2)
-By Brendan
J. Lyons and James
M. Odato -TimesUnion.com
20080608
Barack
Obama - John
McCain - Hillary
Clinton - 2008
Election - North
Carolina - Missouri
- Montana
- Virginia
- Illinois
- Arizona
- New
York - Economy
- History
- Gasoline
- Unemployment
"Obama
Maps a Nationwide Push in G.O.P. Strongholds." ...
"[2008 Election Democratic Presidential Candidate and Illinois] Senator
Barack Obama’s general election plan calls for broadening the electoral
map by challenging [2008 Election Republican Presidential Candidate and
Arizona] Senator John McCain in typically Republican states — from North
Carolina to Missouri to Montana — as Mr. Obama seeks to take advantage
of voter turnout operations built in nearly 50 states in the long Democratic
nomination battle, aides said." ... "On Monday, Mr. Obama will travel to
North Carolina — a state that has not voted for a Democratic presidential
candidate in 32 years — to start a two-week tour of speeches, town hall
forums and other appearances intended to highlight differences with Mr.
McCain on the economy. From there, he heads to Missouri, which last voted
for a Democrat in 1996. His first campaign swing after securing the Democratic
presidential nomination last week was to Virginia, which last voted Democratic
in 1964." ... "With [New York] Senator Hillary Rodham Clinton now having
formally bowed out of the race and thrown her backing to him, Mr. Obama
wants to define the faltering economy as the paramount issue facing the
country, a task probably made easier by ever-rising gasoline prices and
the sharp rise in unemployment the government reported on Friday." (1,
2)
-By Adam Nagourney and Jeff Zeleny with contributions
by Jim Rutenberg -NYTimes
20080607
Hillary
Clinton - Barack
Obama - New
York - Illinois
- 2008
Election
"Clinton
endorses Obama, calls for party unity." ... "[2008
Election Democratic Presidential Candidate and New York Senator] Sen. Hillary
Clinton formally ended her presidential campaign Saturday, saying to a
packed house of thousands of supporters, "I will continue to stand strong
with you every time, every place and every way that I can."" ... "She urged
the cheering crowd to support [2008 Election Democratic Presidential Candidate
and Senator from] Illinois Sen. Barack Obama, the presumptive Democratic
nominee, in his bid for the White House, saying she and supporters should
"take our energy, our passion and our strength and do all we can to help
elect Barack Obama ... I ask all of you to join me in working as hard for
Barack Obama as you have for me."" ... "Shortly after the speech, Obama
released a statement praising Clinton's presidential run." ... ""Obviously,
I am thrilled and honored to have Sen. Clinton's support. But more than
that, I honor her today for the valiant and historic campaign she has run.
She shattered barriers on behalf of my daughters and women everywhere,
who now know that there are no limits to their dreams. And she inspired
millions with her strength, courage and unyielding commitment to the cause
of working Americans."" ... "Clinton has battled Obama in a primary season
that stretched over nearly 18 months and 57 contests, culminating in Obama's
winning the 2,118 delegates needed to clinch the party's nomination Tuesday."
-Contribution to by Mark Preston, Sasha Johnson, Candy
Crowley, Scott J. Anderson and Ed Hornick -CNN
20080603
Abortion
- Law
- History
- Politics
- Women's
- Health
- Science
- New
York
"Repairing
the Damage, Before Roe." ... "I am a retired gynecologist,
in my mid-80s. My early formal training in my specialty was spent in New
York City [New York], from 1948 to 1953, in two of the city’s large municipal
hospitals." ... "There I saw and treated almost every complication of illegal
abortion that one could conjure, done either by the patient herself or
by an abortionist — often unknowing, unskilled and probably uncaring. Yet
the patient never told us who did the work, or where and under what conditions
it was performed. She was in dire need of our help to complete the process
or, as frequently was the case, to correct what damage might have been
done." ... "The patient also did not explain why she had attempted the
abortion, and we did not ask. This was a decision she made for herself,
and the reasons were hers alone. Yet this much was clear: The woman had
put herself at total risk, and literally did not know whether she would
live or die." ... "This, too, was clear: Her desperate need to terminate
a pregnancy was the driving force behind the selection of any method available."
... "The familiar symbol of illegal abortion is the infamous “coat hanger”
— which may be the symbol, but is in no way a myth. In my years in New
York, several women arrived with a hanger still in place. Whoever put it
in — perhaps the patient herself — found it trapped in the cervix and could
not remove it. " -By Waldo L. Fielding, M.D. [Doctor
of Medicine] -NYTimes
Hillary
Clinton - John
McCain - Barack
Obama - 2008
Election - New
York - Arizona
- Illinois
- Nevada
- California
- "Pelosi,
Reid, Dean Go Public: Democrats Need To Endorse."
... "In the absence of a concession speech from [2008 Election Democratic
Presidential Candidate and New York Senator] Sen. Hillary Clinton on Tuesday
night, top figures in the Democratic Party went public, urging all uncommitted
officials to declare their presidential affiliations." ... "[Nevada Democratic
Senator and] Senate Majority Leader Harry Reid, [California Democratic
Representative and] House Speaker Nancy Pelosi, DNC Chairman Howard Dean,
and an official with the Democratic Governors Association released a public
statement on Wednesday morning requesting that the party close its ranks
and prepare for the race against [2008 Election Republican Presidential
Candidate and Arizona Senator] Sen. John McCain." ... "The move, which
had been anticipated but seemed unnecessary following [2008 Election Democratic
Presidential Candidate and Illinois Senator Barack] Obama's clinching of
the nomination on Tuesday night, is an indication that few figures beyond
Clinton's utmost loyalists are willing to stomach a prolonged vacation
period for the New York Democrat to make up her mind."
-By
Sam
Stein -HuffingtonPost.com
20080602
John
Hagee - John
McCain - Joseph
Lieberman - Racist
- Homosexual
- Religious
- Military
- Politics
- Arizona
- Connecticut
- New
York
- Indiana
- History
- Germany
- Israel
- Iraq
- US
- 2008
Election - "Pastor
Hagee: The Antichrist Is Gay, "Partially Jewish, As Was Adolph Hitler"
(Paging Joe Lieberman!)." ... "On March 16, 2003,
on the eve of the United States' invasion of Iraq, [Republican Televangelist]
Pastor John Hagee took to the pulpit to warn of the coming Antichrist.
In his sermon, "The
Final Dictator," Hagee described the Antichrist as a seductive figure
with "fierce features." He will be "a blasphemer and a homosexual," the
pastor announced. Then, Hagee boomed, "There's a phrase in Scripture used
solely to identify the Jewish people. It suggests that this man [the Antichrist]
is at least going to be partially Jewish, as was Adolph Hitler, as was
Karl Marx."" ... "This "fierce" gay Jew, according to Hagee, would "slaughter
one-third of the Earth's population" and "make Adolph Hitler look like
a choirboy."" ... "Exposed here for the first time, Hagee's comments identifying
the Antichrist as a partly Jewish homosexual arrive in the wake of a furor
the pastor provoked by describing the Holocaust as an act of God. Hagee's
chilling sermon
about the Holocaust prompted [2008 Election Republican Presidential Candidate
and Arizona Senator] Sen. John McCain to reject the preacher's support,
an unexpected turnabout after McCain spent over a year soliciting his endorsement."
... "Days after McCain's rejection, I reported
that a key McCain ally, [Connecticut Independent Senator] Sen. Joseph Lieberman,
planned to deliver the keynote speech at Hagee's upcoming Christians United
For Israel (CUFI) summit. As the story exploded
into the mainstream press, pressure mounted on Lieberman to withdraw."
... "[New York Democratic Representative Eliot] Engel is slated to speak
on CUFI's "Middle East Briefing" panel this July. He will be joined on
the panel by Republican [Indiana Representative] Rep. Mike Pence, Weekly
Standard editor and New York Times columnist [and Fox contributor] Bill
Kristol, and Christian right activist Gary Bauer." -By
Max
Blumenthal -HuffingtonPost.com
LISTEN
to McCAIN endorser John HAGEE claim the Antichrist will be a Jewish homosexual.
WATCH
McCAIN endorser John HAGEE relate a story of how Florida Jews "mysteriously"
voted for Republican George W Bush and subsequently explain, "And I believe
it is because that this nation is doing what God intended us to do from
the day that Christopher Columbus discovered this nation.".
20080519
-
Vito
Fossella - Money
- Politics
- Government
- New
York
- Virginia
- "Ethics
complaint filed against NY Rep. Fossella." ... "A
watchdog group asked lawmakers Monday to investigate whether New York [Republican
Representative] Rep. Vito Fossella used government resources to conduct
an extramarital affair." ... "The Staten Island [New York City, New York
burrough] Republican has been under fire since his drunken-driving arrest
at the beginning of the month led to revelations of an affair that produced
a daughter. The 43-year-old congressman also has three children with his
wife." ... "He faces five days in a Virginia jail if convicted of the drunken-driving
charge." -By Devlin Barrett
-AP via -Newsday.com

-
Vito
Fossella - Politicians
- Family
- Virginia
- Law
- New
York
- 2008
Election - "Signs
Fossella May Run Again Unnerve G.O.P.." ... "All
signs indicate that [New York Republican Representative Vito] Mr. Fossella,
a Republican who was arrested in Virginia on May 1 on a drunken driving
charge and then admitted to fathering a child out of wedlock, is leaning
toward running for a sixth term in November [2008 Election]." ... "Mr.
Fossella, the only New York City [New York] Republican in Congress, represents
a district that includes [New York City, New York burroughs] Staten Island
and parts of southern Brooklyn. It is the most conservative-leaning district
in the city. And he has portrayed himself during his years in politics
as a Republican moderate who exemplified traditional family values." ...
"As a result, many politicians on Staten Island initially expected that
he would resign shortly after the revelations of an extramarital affair
and a daughter born from that relationship — or at least not run again."
... "Stephen A. Harrison, a Brooklyn lawyer who was Mr. Fossella’s Democratic
opponent in 2006 and hopes to challenge him again this year [2008 Election],
has stopped short of calling for Mr. Fossella to resign or step down after
his present term. In a statement, Mr. Harrison said, “If he decides to
run, the people will decide in November if his recent behavior and revelations
should disqualify him from continuing in office.”" -By
Jonathan
P. Hicks -NYTimes
20080514
-
Barack
Obama - Hillary
Clinton - New
York
- South
Dakota - Illinois
- Nevada
- California
- US
- Israel
- Iran
- Syria
- Military
- Terrorism
- Politics
- History
- 2008
Election - "Bush
Assails ‘Appeasement,’ Touching Off Storm." ... "[Republican]
President Bush used a speech to the Israeli Parliament on Thursday to liken
those who would negotiate with “terrorists and radicals” to appeasers of
the Nazis — a remark widely interpreted as a rebuke to [2008 Election Democratic
Presidential Candidate and Illinois] Senator Barack Obama, who has advocated
greater engagement with countries like Iran and Syria." ... "The comments
created an angry tussle back home, as Democrats accused Mr. Bush of breaching
protocol by playing partisan politics overseas." ... "Mr. Obama delivered
a quick and pointed response, saying in an e-mail statement to reporters
that he had no intention of dealing with terrorists and accusing Mr. Bush
of using his visit, timed for the 60th anniversary of Israel’s independence,
to “launch a false political attack.”" ... "On Thursday, other Democrats
leapt to the Illinois senator’s defense. Senator Harry Reid of Nevada,
the Democratic leader, called Mr. Bush’s remarks “reckless and irresponsible.”
Speaker Nancy Pelosi of California said Mr. Bush had behaved in a manner
“beneath the dignity of the office of president.” Representative Rahm Emanuel
of Illinois, chairman of the House Democratic caucus, accused Mr. Bush
of violating the unwritten rule against playing politics overseas." ...
"[2008 Election Democratic Presidential Candidate and New York] Senator
Hillary Rodham Clinton, Mr. Obama’s rival for the Democratic presidential
nomination, joined him in taking issue with Mr. Bush. Weighing in from
South Dakota, Mrs. Clinton said: “President Bush’s comparison of any Democrat
to Nazi appeasers is offensive and outrageous, especially in the light
of his failures in foreign policy. This is the kind of statement that has
no place in any presidential address.”" -By Sheryl
Gay Stolberg and Jim
Rutenberg -NYTimes
WATCH
Pelosi's comment on Bush's criticism of Democrats while in Israel,
"What the President did in that regard is beneath the dignity of the office
of the President and unworthy of our representation at that observance
in Israel. And I would hope that any serious person would disassociate
themselves from the President's remarks who aspires to leadership in our
country."

-
John
McCain - Hillary
Clinton - Barack
Obama - US- Iraq
- Afghanistan
- Military
- People
- Money
- Legislation
- Politics
- 2008
Election - Ariz
- Ill
- NY
- "McCain,
Military Oppose Expanding GI Bill." ... "[2008 Election
Republican Presidential Candidate and Arizona Senator] Sen. John McCain,
R-Ariz. [Republican-Arizona], the presumptive Republican presidential nominee,
seemed to give a thumbs down to bipartisan legislation that would greatly
expand educational benefits for members of the military returning from
Iraq and Afghanistan under the GI Bill." ... "Both [2008 Election] Democratic
presidential candidates — Sens. Barack Obama, D-Ill. [Democratic-Illinois],
and Hillary Clinton, D-N.Y. [Democratic-New York], — have signed on as
co-sponsors, and the bill has gained bipartisan support from 54 senators
on Capitol Hill in addition to [Virginia Democratic Senator Jim] Webb.
A vote on the proposal is expected before the summer." ... "But the bill,
which would dramatically increase educational compensation for American
troops, has run into some unexpected resistance, both at the Pentagon and
now from McCain, who has remained silent on the issue, saying he had not
studied the bill close enough." ... "Pressure had mounted on McCain to
support the bill — a veterans group, which backs the legislation, delivered
a petition to McCain's Senate office, signed by 30,000 veterans." ... "[Matt]
Flavin joined the military out of patriotism shortly after 9/11, went to
Officer Candidate School and, over the next five years, served tours in
Bosnia, Afghanistan and with Naval special forces in Iraq." ... "While
he did not join the military specifically to get benefits from the GI Bill
and does not think most troops do, Flavin supports the legislation." ...
""We owe them something," Flavin said of his comrades. "They've given life,
limb, everything there is to give. The people who bore the most pain and
suffering are the people who could use these benefits."" (1, 2,
3)
-By Z. Byron Wolf with contributions by Bret Hovell
-ABCNEWS.com

-
Barack
Obama - Government
- Financial
- Law
- Illinois
- New
York
- 2008
Election - "Obama
to Receive Endorsement Of 3 Former SEC Chairmen."
... "Three former chairmen of the Securities and Exchange Commission will
publicly endorse Democratic [2008 Election Presidential Candidate and Illinois
Senator] Sen. Barack Obama's bid for the presidency Wednesday, including
one who served under [Republican] President Bush." ... "William Donaldson,
who was SEC [Securities and Exchange Commissio] chairman for about 2½
years from early 2003, along with [Democratic President Bill] Clinton and
[Republican President Ronald] Reagan appointees Arthur Levitt and David
Ruder, will join former Fed Chairman Paul Volcker in endorsing Sen. Obama,
his campaign said. Mr. Volcker endorsed Sen. Obama in January." ... "In
a statement released by the campaign, the four men said they believed Sen.
Obama would take a "reasoned approach" to "balanced regulatory reform.""
... "The endorsements, especially that of Republican appointee Mr. Donaldson,
could give a boost to Mr. Obama in the general election this fall." ...
"Mr. Donaldson, a former Wall Street banker, also is a former head of the
New York Stock Exchange. In government, Mr. Donaldson's tenure was marked
by his push for greater regulation of hedge funds. The SEC eventually passed
a hedge-fund-regulation package, in the face of vocal critics. A federal
court later overturned the regulation." ... "In an interview Tuesday, Mr.
Donaldson said he was struck by a speech Sen. Obama gave calling for a
revamping of regulation for any business that borrows money from the government.
Sen. Obama, he said, saw the "need to take a good hard look at how things
are organized" and "just exactly what went wrong in terms of the regulatory
oversight that we have."" -By Christopher Cooper and
Kara Scannell -WSJ.com
20080509
-
Oil
- Government
- New
York
- Missouri
- US
- Euro
- History
- "Oil
Climbs Above $126 to Record as Dollar Weakens Against Euro."
... "Crude oil for June delivery rose $2.27, or 1.8 percent, to a record
closing price of $125.96 a barrel at 2:55 p.m. on the New York Mercantile
Exchange. The contract surged to $126.27 today, the highest since futures
began trading in 1983. Prices are up 8.3 percent this week, the biggest
weekly gain in more than a year. Futures have more than doubled in the
past year." ... "The dollar fell 9.6 percent since Sept. 18, when the Federal
Reserve began cutting rates to ease financial-market strains and stave
off a recession. The U.S. [United States] central bank cut rates seven
times while the ECB [European Central Bank] has left rates unchanged. The
dollar fell 0.6 percent to $1.5483 per euro at 3:27 p.m. in New York."
... "``Fed policy is accommodating the rise in energy prices,'' said Bill
O'Grady, director of fundamental futures research at Wachovia Securities
in St. Louis [Missouri]. ``The Fed and federal government are putting more
liquidity in people's pockets, which is being spent on expensive oil.''"
... "The U.S. government started sending $117 billion in tax rebate checks
last week as part of its fiscal stimulus plan." ... "Heating oil for June
delivery climbed 12.62 cents, or 3.6 percent, to close at a record $3.636
a gallon in New York." ... "Gasoline futures for June delivery rose 6.34
cents, or 2 percent, to $3.2012 a gallon in New York after reaching a record
$3.2038 today." ... "Regular gasoline, averaged nationwide, rose 2.6 cents
to a record $3.671 a gallon, AAA, the nation's largest motorist organization,
said today." -By Mark Shenk
-Bloomberg
20080508
-
Vito
J Fossella - New
York
- Parent
- Va- Law
- Investigation
- "Fossella
Admits to Extramarital Affair." ... "[New York Republican]
Representative Vito J. Fossella, a Staten Island Republican who was arrested
on May 1 in Alexandria, Va. [Virginia], and charged with drunken driving,
issued a statement on Thursday acknowledging that he had had an extramarital
affair with Laura Fay, a former Air Force lieutenant colonel, and that
the two of them have a 3-year-old daughter together." ... "The prospect
that Mr. Fossella could face a mandatory jail sentence if convicted had
already threatened to bring to an end his decade-long career in the House,
where Mr. Fossella is the only Republican representing New York City [New
York]." ... "He faces a mandatory five days in jail if convicted." ...
"The House ethics committee also could open an investigation into the matter."
... "Mr. Fossella and his wife, the former Mary Patricia Rowan, married
in 1990. They have two sons and a daughter." ... "“Vito Fossella’s behavior
is a disgrace to himself, his family and to Staten Island,” said an anesthesiologist,
Dr. John Ferguson, 44. “Given the fact that he votes along the Bush-Cheney
line 90 percent of the time, which means he sees himself as a moral values
candidate, I find his behavior completely, but not surprisingly, hypocritical.
He should resign immediately.”" -By Jonathan
P. Hicks with contributions by Sewell Chan, Carl Hulse, Maureen Seaberg
and David Stout -NYTimes

-
Vito
J Fossella - New
York
- Parent
- "Fosella
Admits Fathering Child out of Wedlock." ... "Republican
Congressman [New York Representative] Vito Fosella has admitted to having
an affair and fathering a child out of wedlock. His confession today has
some speculating that his seat in Congress might be in peril. WNYC's Kathleen
Horan has more." ... "Fosella says he fathered a child three years ago
and has had a relationship with the child's mother." -By
Kathleen Horan -WNYC.org
20080507
-
Vito
J Fossella - New
York
- Virginia
- Cops
- Law
- "Vito
Fossella told cops he was on way to see 'my sick kid' at mystery gal's
address." ... "When cops stopped [New York Republican
Representative] Rep. Vito Fossella for drunken driving, the married congressman
said he was rushing to see his sick daughter on nearby Grimm St. [Street,
Alexandria, Virginia] - the home of the mystery woman who later plucked
him from jail." ... "Fossella's spokeswoman has insisted the single mom,
Air Force Col. Laura Fay, 45, was only a "good friend," but the Staten
Island Republican implied to suburban D.C. cops that Fay's 3-year-old was
his." ... ""The subject stated that he was driving down from Washington,
D.C., to Grimm St. because his daughter was sick and needed to go to the
hospital," a police report obtained by the Daily News reveals." ... "The
report describes how Fossella, who has a wife and three children in New
York, failed a sobriety test by reciting the alphabet wrong, swaying while
standing on one leg and stumbling while trying to walk a straight line.
" -By Rich Schapiro and James Gordon Meek, and Tina
Moore -NYDailyNews.com

-
Vito
J Fossella - New
York
- Va
- Law
- Cheney
- "After
Fossella’s D.W.I. Arrest, District Is Puzzled and Torn."
... "Across Staten Island [New York] on Tuesday, voters were wondering
what [New York Republican] Representative Vito J. Fossella was thinking
when, the police say, he drove into a Washington suburb while severely
intoxicated early one morning last week." ... "Prosecutors in Alexandria,
Va. [Virginia], said Mr. Fossella, 43, was driving with a blood-alcohol
level more than twice the legal limit when he was pulled over just after
midnight last Thursday. Since last week, tabloid newspapers and the blogosphere
have been filled with accounts of Mr. Fossella’s night, and The Daily News
has taken to referring to him as “Vino Fossella.”" ... "An ally of [Republican]
President Bush and Vice President Dick Cheney — who appeared at a fund-raiser
for him last month — Mr. Fossella remains politically strong in Staten
Island, but his margins of victory have been shrinking." -By
Jonathan
P. Hicks -NYTimes
20080505
-
Vito
J Fossella - New
York
- Virginia
- Cops- Driving
- Law
- Marketing
- Money- 2008
Election - "Vito
Fossella's relationship with 'mystery woman' under scrutiny."
... "This is the first look at the mystery woman whom [Staten Island, New
York Republican Representative] Rep. Vito Fossella (R-S.I. [Republican-Staten
Island]) called for help after he was charged with drunken driving in Virginia."
... "Fossella aides continued to describe the two only as good friends."
... "In other developments:" ... "Watchdog groups questioned Fossella's
use of campaign funds to pay a high-priced damage control expert." ...
"The Republican, facing reelection in November [2008 Election], had a blood-alcohol
level of 0.17 - twice the legal limit, cops said, and hired damage consultant
Susan Del Percio with money from his campaign war chest." -By
Kenneth R. Bazinet, Joe Gould, and Tina Moore -NYDailyNews.com
20080503
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