December 12, 2012
Are we going over the cliff? So what if we do?
With all the hand-wringing about the so-called “fiscal cliff,” no one is really discussing what going off the cliff would really do. Conventional wisdom says it’s a really, really, terrible, horrible, very bad thing. It could cause another recession, warn some economists. And this one would be really, really bad. But is it true? There […]
GOP editorial was wasted ‘claptrap’
Toof theEditor:ceiling, the U.S. willI’mdefaultnot sureon itsI understanddebts, thewhichpurposeis unconstitutionalof today’s editorial and will( “definitelyOther Voices:sparkTowarda worldwide a GOP recessionrevival,” orDec.even10). It’s a joke?depression.Or you’re just reminding *TheyourPoliticalreadersReality*of how crazy theThisRepublicanis basicallywingthenutssamestill are?position the two sides started atJustin theexactlysummerwhatof 2011;is the Caglehowever,Newspaperwith the newSyndicate?Congress, It wouldDemocratshave beenhavenicesomeif you hadleeway.identifiedThe Senate,it. with its newUsuallyfilibuster yourules, willreprintlikely […]
North Korea successfully fires rocket
PYONGYANG, North Korea (AP) — North Koreans danced in the streets of their capital today after the Pyongyang regime successfully fired a long-range rocket, defying international warnings and taking a big step forward in its quest to develop a nuclear-tipped missile. The rocket launch will enhance the credentials of 20-something leader Kim Jong Un at […]
Pope hits 1 million Twitter follower mark
VATICAN CITY (AP) — Pope Benedict XVI hit the 1 million Twitter follower mark today as he sent his first tweet from his new account. In perhaps the most drawn out Twitter launch ever, the 85-year-old Benedict pushed the button on a tablet brought to him at the end of his general audience today. “Dear […]
Autopsy results on nurse out Thursday
LONDON (AP) — London police say the result of an autopsy on the nurse involved in a prank call for information about the former Kate Middleton’s hospital stay will be revealed Thursday. Scotland Yard said today the cause of Jacintha Saldanha’s death will not be released until a Westminster Coroner’s Court hearing. Saldanha took the […]
OPEC ministers signal no change in output
VIENNA (AP) — OPEC oil ministers are signaling that they will stick to present daily output targets of 30 million barrels at their meeting today. Prices are relatively high. The average cost of the group’s oil basket — a mix of grades produced by OPEC countries — has been above $100 a barrel for the […]
Fed expected to revamp bond buying program
The Federal Reserve is wrapping up 2012 the way it began the year, searching for ways to help a U.S. economy that is still struggling with high unemployment and subpar growth. The expectation is that the Fed will announce a revamped bond-buying plan at the conclusion of their second day of discussions today. The Fed’s […]
Eagles get opening win
Mt. Ararat/Lisbon boys high school hockey forward Eric Stuckey has been described by his coach as “skating with reckless abandon,” often taking on one, two or even three defenders in the hopes of getting a shot past an opposing goaltender. Stuckey didn’t score in the season opener for the Eagles on Tuesday at Sidney J. […]
Player suspensions tossed out in bounty case
Four players embroiled for nearly 10 months in the NFL’s bounty investigation of the New Orleans Saints no longer have to worry about suspensions or fines, and can try to move on with their careers on the field. Off the field, the fallout from the dispute could endure for some time, particularly in federal court. […]