Under the government plan, the long-gone CEOs would not have to give anything back, said Steven W. Adamske, a spokesman for the House Committee on Financial Services. He said there was no constitutional way to recoup pay retroactively.
Meanwhile, the former CEOs who accepted fat severance packages from the banks at the heart of the crisis are long gone.
For the first time ever, the US military is deploying an active duty regular Army combat unit for full-time use inside the United States to deal with emergencies, including potential civil unrest.
Beginning on October 1, the First Brigade Combat Team of the Third Division will be placed under the command of US Army North, the Army’s component of the Pentagon’s Northern Command (NorthCom), which was created in the wake of the September 11, 2001 terrorist attacks with the stated mission of defending the US "homeland" and aiding federal, state and local authorities.
Colorado Democrats accused a Republican county clerk Wednesday of falsely informing Colorado College that students from outside the state could not register to vote if their parents claimed them as a dependent on their tax returns.
At a news conference in Colorado Springs, Democrats also criticized Robert Balink, the El Paso County clerk and recorder, who was a delegate to the Republican National Convention, for taking other steps they said would dampen voting by college students, who are expected to heavily favor Democratic presidential candidate Barack Obama.
President Peres of Israel yesterday met for the first time with Governor Palin and with Senator McCain, who called the veteran Israeli statesman "my old friend." The warm handshake and exchange of broad smiles occurred during an international gathering known as the Clinton Global Initiative, hosted by President Clinton. "I wanted to meet you for many years," Ms. Palin told Mr. Peres, according to an aide to the president. "The only flag at my office is an Israeli flag," she was quoted as saying, "and I want you to know and I want Israelis to know that I am a friend."
TVNL Comment: Any questions?
High intake of the artificial sweetener aspartame may lead to the degeneration of brain cells and various mental disorders, according to a research review conducted by South African scientists from the University of Pretoria and the University of Limpopo and published in the European Journal of Clinical Nutrition.
"We propose that excessive aspartame ingestion might be involved in the pathogenesis of certain mental disorders, and also in compromised learning and emotional functioning," the researchers concluded.
The US government will own every house that is foreclosed on as well as those where people simply decide to walk away.
- Exactly what will the Government do with those houses?
- What will the losses be?
- How much would it cost to prevent foreclosures?
- What about walk-aways?
Questions like these are why Treasury Secretary Paulson and Chairman Ben Bernanke want you to rush passage of this bill. Both want you to pass Paulson's bill before you have time to think.
The rise in global carbon dioxide emissions last year outpaced international researchers' most dire projections, according to figures being released today, as human-generated greenhouse gases continued to build up in the atmosphere despite international agreements and national policies aimed at curbing climate change.
In 2007, carbon released from burning fossil fuels and producing cement increased 2.9 percent over that released in 2006, to a total of 8.47 gigatons, or billions of metric tons
The Iraqi Red Crescent, the country's leading humanitarian organization, has been crippled by allegations of embezzlement and mismanagement, including what Iraqi officials call the inappropriate expenditure of more than $1 million on Washington lobbying firms in an unsuccessful effort to win U.S. funding.
The group's former president, Said I. Hakki, an Iraqi American urologist recruited by Bush administration officials to resuscitate Iraq's health-care system, left the country this summer after the issuance of arrest warrants for him and his deputies. He and his aides deny the allegations and call them politically motivated.
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