"The economy has collapsed! And it's Obama's fault!" That's the rightwing reaction to the 0.1% shrinking of the GDP in the 4th quarter, never mind that the year overall was pretty good considering the Republican agenda.
The reality is that the GDP is being depressed by the loss of exports to Europe because of their idiotic austerity measures, and the reduction in military spending as the endless war on terror is finally coming to an end. That, and the Mitt Romney crowd's practice of closing down high tech factories and shipping them to China, - also the 'job creators who run corporate America are driving down wages.
Judy Armstrong Stiles had no idea what she was signing away when she and her husband Carl agreed to let Chesapeake Energy operate natural gas wells on their Bradford County land.
John Brennan, President Barack Obama's nominee to head the CIA, had detailed, contemporaneous knowledge of the use of "enhanced interrogation techniques" on captured terrorism suspects during an earlier stint as a top spy agency official, according to multiple sources familiar with official records.
It had all the trappings of sabotage: an explosion at a major nuclear facility in Iran, allegedly confirmed by an Israeli official. But it all turned out to be speculation, the White House said on Monday, debunking the sensational story.
China's largest auto parts maker won U.S. government approval to buy A123 Systems Inc (AONEQ.PK), a maker of electric car batteries, despite warnings by some lawmakers that the deal would transfer sensitive technology developed with U.S. government money.
The dash for unconventional gas may have brought financial benefits to some, but for struggling dairy farmers in Bradford County, Pennsylvania, the arrival of drilling wells could be the final nail in the coffin. Dimiter Kenarov reports
