HavenWorks.com/business/archive/2007

A-Z

!Search

News by Date

NewsStand

_Global_

_US_

A-B-C-D-E-F-G-H-I-J-K-L-M-N-O-P-Q-R-S-T-U-V-W-X-Y-Z

- Business Archive
Business News, Business News History Archives
2008 Business Archive <- 2007 -> 2006 Business Archive

Use "Ctrl F" [control F] to FIND what you're looking for.
"Right Click" - "Open in New Window." to avoid reloading this page.

2007 Business News History Archive


	ARCHIVES NEWS Business News History Archives BUSINESS ARCHIVES 2007 Business Archive 2006 Business Archive 2005 Business Archive 2004 Business Archive 2003 Business Archive 2002 Business Archive 2001 Business Archive 2000 Business Archive

2007 Business Archive:

20071231

John Edwards - Iowa - Families - Jobs - Money- Attorney General - North Carolina - 2008 Election - "Edwards the orator energizes audience." ... "Dayton Countryman said he's been around long enough to know what it means when a supposedly underdog presidential candidate can pack more than 500 folks into a social hall in this town [Boone, Iowa] of 12,000 people." ... ""This ought to scare the hell out of the other campaigns," Countryman said Sunday as he watched more and more people come in from the cold to hear [2008 Election Democratic Presidential Candidate] Democrat John Edwards speak." ... "The 89-year-old lawyer is a former Iowa attorney general who recently became a Democrat after more than 50 years as a Republican. He said he's fed up with what's going on in Washington, D.C., and he'll caucus for Edwards because he believes the former North Carolina senator will stand up." ... "Edwards has been drawing increasingly large and energetic crowds in recent weeks as he presses his case that America needs a fighter in the White House. His audiences are filled mainly with people who are middle age or older, and he's banking that such Iowans have been most likely to show up in caucuses." ... ""The corporate greed that's stealing your children's future, that's destroying middle-class jobs in this country, it's not just destroying the middle class for Democrats. It's destroying the middle class for independents. It's destroying the middle class for Republicans," Edwards said." -By Tony Leys -DesMoinesRegister
John Edwards - Iowa - North Carolina - Barack Obama - Hillary Clinton - Corporate - Government - Illinois - New York - 2008 Election - "Edwards in Iowa's Spotlight as Finish Line Nears." ... "With the sounds of the Bruce Springsteen song "America Rising" as a backdrop, former North Carolina [Senator and 2008 Election Democratic Presidential Candidate] Sen. John Edwards walked into the [Iowa's] Sioux City Convention Center and stood before hundreds of people to deliver his closing argument." ... ""Thank you for coming. There's an incredible energy and momentum behind this campaign. We can feel it everywhere we go, everywhere," he said." ... ""My job as president is to work with the Congress to unify America," Edwards told the crowd. "I will do that as president of the United States, but we have a huge battle with these entrenched moneyed interests. Those people have a stranglehold on your democracy, an iron-fisted hold on your democracy. Nothing will change until we break that hold."" ... "Edwards compares himself on the stump to former presidents such as [Republican President] Teddy Roosevelt, who fought the big trusts, or [Democratic President] Franklin Roosevelt, who faced down corporate bullies." ... "Edwards has also stopped playing Mr. Nice Guy, as he did four years ago. He recently took a thinly veiled swipe at Democratic rivals Illinois [Senator and 2008 Election Democratic Presidential Candidate] Sen. Barack Obama and New York [Senator and 2008 Election Democratic Presidential Candidate] Sen. Hillary Clinton." ... ""We have very good presidential candidates. I know them and I respect them," he said, but admonished that "the first time the tough fight comes, they will do the political thing. You can take that to the bank."" -By David Welna-NPR
Mike Huckabee - Mitt Romney - Iowa - Television - Ads - Crime - Money - Illegal - Immigrants - Colleges - Abortion- Health-Care - Arkansas - Massachusetts - 2008 Election - "Huckabee: Romney running 'dishonest' campaign." ... "Former Arkansas [Governor and 2008 Election Republican Presidential Candidate] Gov. Mike Huckabee blasted Republican presidential rival [2008 Election Republican Presidential Candidate] Mitt Romney as running a "desperate and dishonest" campaign and predicted the former Massachusetts governor won't be the Republican nominee." ... "Romney has been blasting Huckabee's record on crime and taxes as governor of Arkansas in [Iowa] television ads in the last days of the race." ... "Asked on Monday on CNN's "American Morning" why he felt the need to respond to Romney's attacks, Huckabee said, "I think a lot of people are deceived, and you have to ask do people want to elect a president who has been dishonest in order to get the job and said things about his opponents that simply aren't true?"" ... "With the two men locked in a statistical dead heat atop the latest Iowa polls, Romney has been airing television ads criticizing Huckabee for raising state spending, backing in-state tuition for illegal immigrants at state colleges and granting more than 1,000 pardons and commutations." ... "Huckabee has said the claims are taken out of context, and hit back by questioning the sincerity of Romney's opposition to abortion -- which was covered by the state health care program Romney pushed through in Massachusetts."-CNN
Money - Politics - Federal - Housing - Legislation - New Jersey - Georgia - California - Texas - Utah - Maryland - Nevada - Oregon - Washington - 2004 Election - US - Netherlands - "Lender Lobbying Blitz Abetted Mortgage Mess: Ameriquest Pressed For Changes in Laws; A Battle in New Jersey." ... "During the housing boom, the subprime industry succeeded at more than just writing mortgages. It also shot down efforts by some states to curtail risky lending to borrowers with spotty credit." ... "Ameriquest Mortgage Co. [ACC Capital Holdings], until recently one of the nation's largest subprime lenders, was at the center of those battles. Working with a husband-and-wife team of Washington lobbyists, it handed out more than $20 million in political donations and played a big role in persuading legislators in New Jersey and Georgia to relax tough new laws. Those victories, in turn, helped blunt efforts by other states to crack down on reckless lending, critics of the industry contend." ... "Home loans made by Ameriquest and other subprime lenders are defaulting now in large numbers, roiling global credit markets and sparking debate about whether regulators and lawmakers should have anticipated the mess and taken action. A close look at Ameriquest's lobbying and political donations shows how the subprime industry maneuvered to defeat legislation that might have contained some of the damage." ... "Data from federal and state campaign-finance records, Internal Revenue Service filings, and the National Institute on Money in State Politics show that from 2002 through 2006, Ameriquest, its executives and their spouses and business associates donated at least $20.5 million to state and federal political groups. In comparison, over the same time period, Countrywide Financial, another large subprime lender, gave about $2 million in campaign gifts, and spent an additional $6.7 million lobbying in Washington, records indicate." ... "Some of the giving by Ameriquest executives and associates was high-profile. [Republican] President Bush received more than $200,000 for his 2004 re-election campaign, and Ameriquest founder Roland Arnall and his wife, Dawn, contributed more than $5 million to political organizations that backed the president. Last year, [Republican] President Bush appointed Mr. Arnall ambassador to the Netherlands, and his wife took over as chairman of Ameriquest's parent company. California [Republican Governor] Gov. Arnold Schwarzenegger's campaigns received at least $1.4 million, along with stacks of tickets to a Rolling Stones concert that were used to lure big donors." ... "Last year, ACC Capital, its [Ameriquest Mortgage Company] parent company, agreed to pay $325 million to settle regulators' claims that it charged excessively high mortgage rates and didn't adequately disclose loan risks. Some of the state attorneys general who signed the settlement, including Greg Abbott of Texas, received campaign donations from the firm. Utah's attorney general, Mark Shurtleff, received a $1,000 contribution and Rolling Stones tickets." ... "Ameriquest also handed out Rolling Stones tickets to state legislators in Georgia, Maryland, Nevada, Oregon, Utah, Washington and California, according to ethics records and local news accounts." ... "Federal lawmakers didn't pose much of a threat to the subprime industry in recent years. Members of Congress received at least $645,000 in donations from Ameriquest and large sums from other big subprime lenders, Federal Election Commission records indicate." ... "ACC Capital, Ameriquest's parent company, and its executives gave more than $350,000 to Texas politicians in 2006, including $100,000 to [Republican Governor] Gov. Rick Perry, according to state records." -By Glenn R. Simpson -WSJ.com

20071230

John Edwards - Mike Huckabee - Hillary Clinton - Barack Obama - Mitt Romney - Money - Religion - People - US - Iraq - Military - Iowa - 2008 Election - Poll - "Iowa: Edwards surges, Huckabees bubble bursts." ... "[2008 Election Democratic Presidential Candidate] John Edwards has clawed his way into contention to win Iowa's caucuses on Thursday in the first vote for the Democratic presidential nomination, gaining strength even as rivals [2008 Election Democratic Presidential Candidate] Hillary Clinton and [2008 Election Democratic Presidential Candidate] Barack Obama have lost ground, according to a new McClatchy-MSNBC poll." ... "At the same time, [2008 Election Republican Presidential Candidate] Mitt Romney has regained the lead among Iowa Republicans as [2008 Election Republican Presidential Candidate] Mike Huckabee has lost momentum and support, even among the evangelical Christians who had propelled him into the top spot just weeks ago." ... "If all second-tier Democratic candidates fall short [in Iowa’s Democratic caucuses] and their supporters switch to other candidates, Edwards gains the most, rolling up a clear lead at 33 percent to 26 percent each for Clinton and Obama." ... "Edwards, pushing a people-versus-the powerful message, owes his gains to voters looking for a general election winner, someone who agrees with them on the issues, and those who rank Iraq their top concern." -By Steven Thomma -McClatchyDC.com

20071229

John Edwards - Barack Obama - Oil - Drug - Money- Foreign - Government - United States - Iowa - 2008 Election - "Edwards Pledges Ban on Lobbyists." ... "[2008 Election Democratic Presidential Candidate] John Edwards vowed Saturday that corporate lobbyists would not be allowed to work in his administration, if elected." ... "“When I am president of the United States, no corporate lobbyists or anyone who has lobbied for a foreign government will work in my White House,” Mr. Edwards said, speaking at a public library." ... "He followed it up with an implicit attack on [2008 Election Democratic Presidential Candidate Barack Obama] Mr. Obama." ... "[John Edwards said,] “I hear people argue that the way you can get things done is you sit at a table with drug companies, insurance companies, oil companies and negotiate with them, and somehow they will voluntarily give away their power,” he said. “I think it is a complete fantasy.”" ... "In a November speech to Iowa Democrats, Mr. Obama promised that lobbyists would not work in his White House." ... "But he [Obama] later amended his position, saying that lobbyists would not “dominate” his White House.”" ... "When campaigning, Mr. Edwards frequently reminds voters that he has never taken campaign contributions from lobbyists." -By Julie Bosman -NYTimes

20071228

John Edwards - Barack Obama - Money - Iowa - 2008 Election - "Edwards ties rivals to special interests." ... "[2008 Election] Democratic presidential candidate John Edwards said Friday that those who take money from special interests cannot bring change to Washington, a criticism aimed at his leading rivals as they compete for undecided voters in Iowa's upcoming caucuses." ... ""To get real change, we need a president who will stand up against the big corporations and powerful interests who control Washington," the former North Carolina senator told about 250 people in Dubuque [Iowa]. "Nobody who takes their money and defends the broken system is going to bring change."" ... "In veiled criticism of [2008 Election Democratic Presidential Candidate Barack] Obama, Edwards has said at recent campaign events that if a candidate believes that he or she can sit down at the table and negotiate with special interests, then the candidate is living in "Never-Never Land" and that it's a "fantasy" to think that way." ... ""I'm not talking about fighting politicians. Nobody is interested in seeing a bunch of politicians fight," he said. "We're going to put the power in the people, and that's what this democracy is."" -By Amy Lorentzen -AP via -Yahoo
John Edwards - Working - Family - Economics - Iowa - 2008 Election - "Edwards says he's ready to fight for the middle class." ... "[2008 Election Democratic Presidential Candidate John] Edwards has been trying to hammer home his message that he'll stand up to special interests in Washington. As part of the effort, he has launched an eight-day, 38-county tour keeping him in Iowa until the caucuses, which begins the 2008 nominating process." ... ""My belief is that we desperately need to make this government work for everybody again. We need to stand up to the forces of corporate greed that are destroying the middle class of this country," he told a crowd of about 150 people packed tightly into a small restaurant bar in northeastern Iowa." ... "Edwards reminded them that despite his wealth as an adult, he grew up in a working-class family and knows their struggles." ... ""The truth is, all of us have an enormous responsibility to our children, to our grandchildren to do what our parents did for us and our grandparents did for us _ to give them a better life," he said. "I have no intention of letting this corporate power and corporate greed get in the way"" -By Amy Lorentzen -QCTimes
Economic - Construction - History - "Sales of New Homes in U.S. Dropped 9% to 12-Year Low (Update3)." ... "Sales of new homes in the U.S. fell to a 12-year low in November, pointing to bigger declines in construction that will hobble economic growth throughout 2008." ... "Purchases dropped 9 percent to an annual pace of 647,000 and October sales were revised down to a 711,000 rate, the Commerce Department said today in Washington. Last month's sales were weaker than the lowest forecast in a Bloomberg survey. " ... "A Bloomberg survey of 68 economists forecast sales would fall to an annual pace of 717,000 from a previously reported 728,000 rate in October, according to the median estimate. Economists' forecasts ranged from a low of 685,000 to a high of 750,000." ... "Sales of new homes were down 34 percent from the same time last year, the biggest 12-month drop since January 1991." ... "The housing recession has deepened since the August turmoil in subprime mortgages led to a worldwide credit shortage. Stricter borrowing standards and a freeze on lending to borrowers with poor credit put mortgages out of reach for more potential buyers. That's driving home prices lower, weakening sales as people hold out for even bigger reductions." -By Bob Willis -Bloomberg
US - Iraq - Afghanistan - Military - Money - Legislation - Reconstruction - "Bush rejects defense bill by pocket veto." ... "[Republican] President Bush on Friday used a "pocket veto" to reject a sweeping defense bill because he dislikes a provision that would expose the Iraqi government to expensive lawsuits seeking damages from the Saddam Hussein era." ... "In a statement, Bush said the legislation "would imperil billions of dollars of Iraqi assets at a crucial juncture in that nation's reconstruction efforts."" ... "The president's objections were focused on a provision deep within legislation that sets defense policy for the coming year and approves $696 billion in spending, including $189 billion for the wars in Iraq and Afghanistan. Also in the legislation were improved veterans benefits and tighter oversight of contractors and weapons programs." ... "The pocket veto means that troops will get a 3 percent raise Jan. 1 instead of the 3.5 percent authorized by the bill." -By Ben Feller -AP via -Yahoo

20071227

Government - Corporations - Employee - Retirees - Health - Law - Politics - History - "U.S. Ruling Backs Benefit Cut at 65 in Retiree Plans." ... "The [Republican President Bush run] Equal Employment Opportunity Commission said Wednesday that employers could reduce or eliminate health benefits for retirees when they turn 65 and become eligible for Medicare." ... "The policy, set forth in a new regulation, allows employers to establish two classes of retirees, with more comprehensive benefits for those under 65 and more limited benefits — or none at all — for those older." ... "More than 10 million retirees rely on employer-sponsored health plans as a primary source of coverage or as a supplement to Medicare, and Naomi C. Earp, the commission’s chairwoman, said, “This rule will help employers continue to voluntarily provide and maintain these critically important health benefits.”" ... "But AARP and other advocates for older Americans attacked the rule. “This rule gives employers free rein to use age as a basis for reducing or eliminating health care benefits for retirees 65 and older,” said Christopher G. Mackaronis, a lawyer for AARP, which represents millions of people age 50 or above and which had sued in an effort to block issuance of the final regulation. “Ten million people could be affected — adversely affected — by the rule.”" ... "The new policy creates an explicit exemption from age-discrimination laws for employers that scale back benefits of retirees 65 and over. Mr. Mackaronis asserted that the exemption was “in direct conflict” with the Age Discrimination in Employment Act of 1967." ... "Under the new rule, employers may, if they choose, provide retiree health benefits “only to those retirees who are not yet eligible for Medicare.” Likewise, the rule says, retiree health benefits can be “altered, reduced or eliminated” when a retiree becomes eligible for Medicare." ... "Further, employers will be able to reduce or eliminate health benefits provided to the spouse or dependents of a retired worker 65 or over, regardless of whether benefits for the retiree are changed." -By Robert Pear -NYTimes
US - Iraq - Afghanistan - Worldwide - Military - Government - Accounting - Terrorism - Politics - History - Alaska - Ted Stevens - "Wars Cost $15 Billion a Month, GOP Senator Says." ... "The latest estimate of the growing costs of the wars in Iraq and Afghanistan and the worldwide battle against terrorism -- nearly $15 billion a month -- came last week from one of the Senate's leading proponents of a continued U.S. [United States] military presence in Iraq." ... ""This cost of this war is approaching $15 billion a month, with the Army spending $4.2 billion of that every month," [Alaska GOP=Grand Old Party=Republican Senator] Sen. Ted Stevens (Alaska), the ranking Republican on the Appropriations defense subcommittee, said in a little-noticed floor speech Dec. [December] 18." ... "While most of the public focus has been on the political fight over troop levels, the Congressional Research Service (CRS) reported this month that the [Republican President] Bush administration's request for the 2008 fiscal year of $189.3 billion [$189.3/12=$15.775 billion per month] for Defense Department operations in Iraq, Afghanistan and worldwide counterterrorism activities was 20 percent higher than for fiscal 2007 and 60 percent higher than for fiscal 2006." (1, 2) -By Walter Pincus -WashingtonPost
Mike Huckabee - Money - Religion - Abortion - 2008 Election - Polls - Marketing - Arkansas - Iowa - South Carolina - "Huckabee's Rise Drives Wedge Between Wall Street, Evangelicals." ... "The former Arkansas governor [2008 Election Republican Presidential Candidate Mike Huckabee] has surged in Republican presidential-preference polls, winning the support of Christian fundamentalists while peppering his campaign rhetoric with jabs at the financial industry. He calls himself the candidate who isn't a ``wholly owned subsidiary'' of investment banks, decries large executive-pay packages and says the party needs to shift its focus from Wall Street to Main Street." ... "In doing so, he threatens the uneasy if effective coalition Republicans have counted on for three decades: abortion opponents and other social-issue activists supplying foot soldiers, proponents of tax cuts and business-friendly regulatory policies putting up the money and getting the biggest economic benefits." ... "``Huckabee puts this long-simmering feud between the social-conservative wing and the country-club and business crowd into starker contrast,'' said Stuart Rothenberg, publisher of the nonpartisan Rothenberg Political Report in Washington." ... "The stronger he gets in the polls, the stronger the intra- party backlash against him. ``He's sort of a populist, and that doesn't sell too well on Wall Street,'' said David Hedley, a retired managing director at Donaldson Lufkin & Jenrette who raised at least $100,000 for [Republican President] George W. Bush in the 2000 presidential election." ... "The Club for Growth, a Washington-based group that advocates tax and spending cuts, has mounted a [marketing] campaign against Huckabee in Iowa and South Carolina, which holds its Republican primary on Jan. 19." ... "After Huckabee finished second in an August Iowa straw poll, he said in an interview that his biggest asset going into the contest ``was the negative attack ads that the Club for Greed, excuse me, the Club for Growth was running.''" -By Matthew Benjamin -Bloombergvia -Yahoo

20071226

John Edwards - Barack Obama - Hillary Clinton - Iowa - Manufacturing - Jobs - Family - Health-Care - Environment - Human Rights - US - China - Corporations - Iraq - Military - Indiana - Idaho - Illinois - Homes - Consumers - 2008 Election - "Behind the Edwards Surge: Right Message at the Right Time." ... "To a far greater extent than [2008 Election Democratic Presidential Candidates Barack] Obama or [Hillary] Clinton, [John] Edwards has struck at the heart of issues that should matter most in the race to replace not just [Republican President] George W. Bush, but the Bush agenda of corporate giveaways, job-crushing free trade deals, war profiteering in Iraq, and subprime mortgage profiteering in Indiana, Idaho, Illinois and, yes, Iowa." ... "Edwards summed up his increasingly aggressive and powerful anti-corporate themes with a declaration: "What makes America America is at stake: jobs, the middle class, health care, preserving the environment in the world for future generations."" ... ""But all those things are at risk. And why are they at risk? Because of corporate power and corporate greed in Washington, D.C. And we have to take them on. You can't make a deal with them. You can't hope that they're going to go away. You have to actually be willing to fight. And I want every caucus-goer to know I've been fighting these people and winning my entire life. And if we do this together, rise up together, we can actually make absolutely certain, starting here in Iowa, that we make this country better than we left it."" ... "Edwards got to know workers in Iowa. He stood with them in their struggles." ... "Turning a broad question about human rights toward the specific issue of trade policy, the former senator said that human rights, human needs and human values "should be central to our trade policy."" ... ""But," he added, "if you look at what's happened with American trade policy, look at what America got: Big corporations made a lot of money, are continuing to make a lot of money in China. But what did America get in return? We got millions of dangerous Chinese toys. We lost millions of jobs." ... ""And right here in Iowa, the Maytag plant in Newton [Iowa] closed. A guy named Doug Bishop, who I got to know very well, had worked in that plant, and his family had worked in that plant literally for generations. And his job is now gone. The same thing, by the way, happened in the plant that my father worked in when I was growing up. It is so important that we stop allowing these corporate powers and corporate profits to run America's policy, whether it's trade policy, how we engage with China. This is not good for America. It's not good for American jobs. And it's not good for working people in this country."" ... "That's an issue Edwards has taken far, far more seriously than his opponents in what is now a three-way race in Iowa. And that seriousness has benefitted the former senator." -By John Nichols -TheNation
Consumer - Money - History - "U.S. Home Prices Fell 6.1% in October, Index Shows (Update2)." ... "Home prices in 20 U.S. metropolitan areas fell in October by the most in at least six years, a private survey showed today." ... "Property values fell 6.1 percent from October 2006, more than forecast, after dropping 4.9 percent in September, according to the S&P/Case-Shiller home-price index. The decrease was the biggest since the group started keeping year-over-year records in 2001. The index has fallen every month this year." ... "Prices will probably remain under pressure as the jump in foreclosures puts even more homes on the market just as stricter lending rules make it harder for buyers to find financing. Declining values make it harder for owners to tap home equity for extra cash, posing a risk to consumer spending." -By Joe Richter and Courtney Schlisserman -Bloomberg

20071224

Dick Cheney - Car - Manufacturers - Fumes - Corporate - Government - Environmental - Science - Politics - California - Climate - "Cheney accused of blocking Californian bid to cut car fumes." ... "The US [United States Republican] vice-president, Dick Cheney, was behind a controversial decision to block California's attempt to impose tough emission limits on car manufacturers, according to insiders at the government Environmental Protection Agency." ... "Staff at the agency, which announced last week that California's proposed limits were redundant, said the agency's chief went against their expert advice after car executives met Cheney, and a Chrysler executive delivered a letter to the EPA [Environmental Protection Agency] saying why the state should not be allowed to regulate greenhouse gases." ... "EPA staff members told the Los Angeles Times that the agency's head, the [Republican President] Bush appointee Stephen Johnson, ignored their conclusions and shut himself off from consultation in the month before the announcement. He then informed them of his decision and instructed them to provide the legal rationale for it, they said." -By Dan Glaister -Guardian.co.uk

20071222

Mitt Romney - Political - Corporation - Marketing - History - Gay-Rights - Pro-Choice - Stem Cell - Science - Health - Law - Religious - Salt Lake City - Utah - Massachusetts - New Hampshire - US - Torture - Prison - Guantanamo Bay - Cuba - 2008 Election - "Romney should not be the next president." ... "[2008 Election Republican Presidential Candidate Mitt] Romney's main business experience is as a management consultant, a field in which smart, fast-moving specialists often advise corporations on how to reinvent themselves. His memoir is called Turnaround - the story of his successful rescue of the 2002 Winter Olympics in Salt Lake City [Utah] - but the most stunning turnaround he has engineered is his own political career." ... "If you followed only his tenure as governor of Massachusetts, you might imagine Romney as a pragmatic moderate with liberal positions on numerous social issues and an ability to work well with Democrats. If you followed only his campaign for president, you'd swear he was a red-meat conservative, pandering to the religious right, whatever the cost. Pay attention to both, and you're left to wonder if there's anything at all at his core." ... "As a candidate for the U.S. [United States] Senate in 1994, he boasted that he would be a stronger advocate of gay rights than his opponent, [Massachusetts Democratic Senator] Ted Kennedy. These days, he makes a point of his opposition to gay marriage and adoption." ... "There was a time that he said he wanted to make contraception more available - and a time that he vetoed a bill to sell it over-the-counter." ... "The old Romney assured voters he was pro-choice on abortion. "You will not see me wavering on that," he said in 1994, and he cited the tragedy of a relative's botched illegal abortion as the reason to keep abortions safe and legal. These days, he describes himself as pro-life." ... "There was a time that he supported stem-cell research and cited his own wife's multiple sclerosis in explaining his thinking; such research, he reasoned, could help families like his. These days, he largely opposes it. As a candidate for governor, Romney dismissed an anti-tax pledge as a gimmick. In this race, he was the first to sign." ... "In the 2008 campaign for president, there are numerous issues on which Romney has no record, and so voters must take him at his word. On these issues, those words are often chilling. While other candidates of both parties speak of restoring America's moral leadership in the world, Romney has said he'd like to "double" the U.S. prison at Guantanamo Bay [Cuba], where inmates have been held for years without formal charge or access to the courts. He dodges the issue of torture - unable to say, simply, that waterboarding is torture and America won't do it." ... "When New Hampshire partisans are asked to defend the state's first-in-the-nation primary, we talk about our ability to see the candidates up close, ask tough questions and see through the baloney. If a candidate is a phony, we assure ourselves and the rest of the world, we'll know it." ... "Mitt Romney is such a candidate. New Hampshire Republicans and independents must vote no." -ConcordMonitor.com
Families - Poverty - Agriculture - Christmas-Holidays - Thanksgiving - Gasoline - Households - Money - People - "Food Bank Shelves Going Bare At Holidays: High Living Costs Hurting Donations, While Increasing Demand By Needy Families." ... "The reports from across the country are dismaying: Food pantries are running short and cannot meet the needs of all those seeking help." ... "In the Department of Agriculture's most recent study of hunger in America, released in November, more than 35.5 million Americans, including 12.6 million children, were found to have "low" or "very low food security" (defined as households where hunger was prevalent, where there was not enough money to buy adequate food supplies, where food purchased did not last, or where family members had to cut down or skip meals - sometimes not eating for a day or longer)." ... "That's roughly 1 in 9 households. And the numbers are rising from last year." ... "Everywhere, people are feeling the crunch of rising gasoline and grocery prices, as well as utility bills, rent and mortgage payments." ... "Those factors also are cutting into people's ability to donate to food banks for others in need." ... "At Thanksgiving, the [America's Second Harvest] organization estimated that food banks nationally were short a total of 15 million pounds of food, or roughly 11.7 million meals. " -AP via -CBSNews

20071221

John Edwards - Working - Family - College-Education - Money - Race - Des-Moines - Iowa - NC - Barack Obama - Hillary Clinton - 2008 Election - "The Road Warrior: Even if he loses in Iowa's bigger cities, [2008 Election Democratic Presidential Candidate John] Edwards can still win by wrapping up smaller, far-flung precincts." ... "For months, Edwards has been rounding up support in the state's rural precincts where the front runners have paid less attention. While [2008 Election Democratic Presidential Candidate Barack] Obama and [2008 Election Democratic Presidential Candidate Hillary] Clinton have drawn crowds in the thousands in places like Des Moines [Iowa] and Ames [Iowa], Edwards has been winning over people in tiny towns like Sac City [Iowa] (population: 2,189). That's important, the strategists say, because under Iowa's arcane caucus rules, a precinct where 25 people show up to vote gets the same number of delegates as a place that packs in 2,500. In other words, even if he loses to Obama and Clinton in the state's bigger cities, he can still win by wrapping up smaller, far-flung precincts that other candidates have ignored. "The bulk of our support is in small and medium counties," says Jennifer O'Malley, Edwards's Iowa state director. O'Malley says Edwards has visited all 99 counties in the state; the campaign has so far trained captains covering 90 percent of all 1,781 precincts. Rural voters are sometimes reluctant to caucus, so the campaign has been enlisting respected community leaders to encourage first-timers to get past their apathy or fear." ... "This could be wishful thinking from an ailing campaign. But it's worth keeping in mind just how wrong the media echo chamber can be when it comes to predicting winners and losers. At about this time four years ago, Vermont Gov. Howard Dean was the press-anointed darling who could seemingly do no wrong in Iowa. Dour John Kerry was scorned by reporters as the should-have-been who had blown it and couldn't possibly win. But on caucus night, Kerry wound up the victor—and Dean wound up screaming. Reporters were left to wonder what they had missed. One story the talking heads may be missing this time: just how badly John Edwards hates to lose." ... "The desire to get ahead—to win—is no small thing for Edwards. He was raised in the depressed town of Robbins, N.C. [North Carolina], where his father, Wallace, worked in a now long-gone textile mill. It's a biographical detail the candidate mentions so often in speeches and campaign ads that it can sometimes border on self-parody. Yet his father's story is what Edwards's campaign, and political career, is all about. His dad worked his way up in the mill and was promoted to supervisor. But without a college degree, there was only so far he could rise. "He heard his mother and I talk about it at the dinner table, so he knew what I was faced with," his father tells NEWSWEEK. Money was scarce. Wallace was determined that John and his younger brother and sister, Wesley Blake and Kathy, would attend college. He set an example of self-improvement. He took classes offered by the mill, and tuned in to the education channel on TV early each morning when the station aired lessons in statistics and probability." ... "Tall and good-looking—and he knew it—John Edwards was a popular student and a star football player, skinny but fast. His high-school friend John Mashburn remembers Edwards as a leader. "In a little redneck town, he was different," he says. There was still racial tension in Robbins in the early 1970s, and black students were sometimes mistreated. In protest, several of them once held a sit-in. Edwards persuaded his white friends to join in. "Johnny got a lot of the athletes, myself, our girlfriends … he was instrumental in encouraging us," Mashburn says. John Frye, another high-school friend, says it was a gutsy thing to do. He "stuck his neck out," Frye recalls. "There was a price to pay in how some folks treated him after that. We had people who didn't embrace desegregation even though it had been a bridge crossed years earlier."" (1, 2, 3, 4, 5) -By Arian Campo-Flores and Suzanne Smalley Dec 24, 2007 Issue -Newsweek

20071220

Mitt Romney - Rudy Giuliani - Mike Huckabee - Tom Tancredo - Criminal - Illegal - Employer - Immigrants - Employees - Language - Terrorism - History - Colo - New York - Arkansas - US - Mexican - People - Noteworthy - 2008 Election - "GOP hopefuls run in a hypocrisy derby." ... "Everybody knows that [2008 Election Republican Presidential Candidate] Mitt Romney was running - as [2008 Election Republican Presidential Candidate] Rudy Giuliani put it - a "sanctuary mansion." But not many people know that he was not the only one." ... "No less an anti-immigrant zealot than [2008 Election Republican Presidential Candidate and Colorado Representative] Rep. Tom Tancredo (R-Colo.[Republican-Colorado]), the would-be President who built a failing campaign on the single issue of persecuting "criminal aliens" - as he is fond of calling undocumented immigrants - also has a few skeletons in his closet." ... "Listen to this: Five years ago, when Tancredo wanted to install a home theater and make other renovations in his house, he had no qualms hiring a contractor that - gasp! - also employed undocumented workers." ... "The man who had said, "[The face of illegal immigration] is the face of murder. It is the face of infiltration into the country of people who are coming to do us great harm," wasn't at all troubled by the fact that only two in the crew of five or six laborers spoke English." ... "[In 1994, then New York Republican Mayor Rudy Giuliani said] "If you come here and you work hard, and you happen to be in an undocumented status, you're one of the people who we want in this city," he told The New York Times in 1994." ... "While in Arkansas, he [Arkansas Republican Governor and 2008 Election Republican Presidential Candidate Mike Huckabee] was instrumental in bringing a Mexican Consulate to Little Rock [Arkansas's capital]. That consulate issued thousands of identification forms that now, after he has become a presidential hopeful, Huckabee has begun to call "illegal immigrant identification cards."" ... "And do not forget that if he is elected President, he has vowed to expel the nation's estimated 12 million undocumented immigrants within 120 days, which comes to deporting 100,000 people per day." -By Albor Ruiz -NYDailyNews.com

20071219

Stephen Johnson - Mary E Peters - Dick Cheney - Government -