Posts Tagged ‘recovery



22
Jul
13

Rise and Shine

A year ago: “The President hugs Stephanie Davies, who helped her friend, Allie Young, left, stay alive after she was shot during the movie theater shootings in Aurora, Colo. The President visited patients and family members affected by the shootings at the University of Colorado Hospital. Photo by Pete Souza, July 22, 2012

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The Week Ahead:

Today:

3:0: The President meets with Secretary of State Kerry

7:25: Delivers remarks at an Organizing for Action event, Mandarin Oriental Hotel, Washington, DC (Open Press)

8:10: Delivers remarks and answers questions at an Organizing for Action dinner, Mandarin Oriental Hotel (Print Pool for Remarks Only)

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Tuesday: The President will welcome NCAA Champion Louisville Cardinals to the White House to honor the team and their 2013 NCAA Men’s Basketball Championship

Wednesday: He will travel to Galesburg, Illinois and Warrensburg, Missouri for events on the economy

Thursday: He will welcome President Truong Tan Sang of Vietnam to the White House. In the afternoon, the President will travel to Jacksonville, Florida for an event on the economy. On Thursday evening, he will host an Iftar dinner celebrating Ramadan at the White House

Friday: The President will attend meetings at the White House.

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Time: Drawing renewed attention to the economy, President Barack Obama will return this week to an Illinois college where he once spelled out a vision for an expanded and strengthened middle class as a freshman U.S. senator, long before the Great Recession would test his presidency.

The address Wednesday at Knox College in Galesburg, Ill., will be the first in a new series of economic speeches that White House aides say Obama intends to deliver over the next several weeks ahead of key budget deadlines in the fall. A new fiscal year begins in October, and the government will soon hit its borrowing limit.

…. The president will also speak Wednesday at the University of Central Missouri in Warrensburg, Mo.

More here – and more at the NYT

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AP: Survey: Brighter U.S. Economic Outlook Boosts Hiring

Companies are increasingly confident the economy will grow at a modest pace over the next year and are hiring more, according to a survey of business economists.

Nearly one-third of the economists surveyed said their companies added jobs in the April-June quarter …. That’s the highest percentage in nearly two years. And 39 percent expect their firms will hire more in the next six months. That’s near the two-year high of 40 percent reached in the January-March quarter.

…. Optimism about future economic growth increased. Nearly three-quarters of the survey respondents forecast growth of 2.1 percent or more over the next 12 months. That’s up from two-thirds in the first quarter survey, released in April, and the most in a year.

More here

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ThinkProgress: No, Obamacare Won’t Raise Insurance Premiums In Indiana By 72 Percent

On Friday, the Indiana Department of Insurance announced that initial rates submitted by individual health plan providers for the state’s Obamacare insurance marketplace would cost 72 percent more than currently available plans …. Gov. Mike Pence’s (R) administration was quick to use the figures to criticize the health law….

The problem is, the Department of Insurance didn’t really release “data” in the plural — it released a single data point. The $570 per month figure is the average of all of the submitted rates, including cheaper plans with less benefits (so-called “Bronze” and “Silver” level plans) as well as the more generous and expensive “Gold” and “Platinum” level plans. That’s like saying the average cost of a car in an Indiana dealership is $100,000 because it sells $20,000 Fords, $60,000 BMWs, and $220,000 Lamborghinis — technically true, but highly misleading.

More here

And see Jonathan Cohn – ‘Hoosier Hustle? Another Dubious Attack on Obamacare’

Also too – ThinkProgress: Tea Party Senator Concedes Defeat: We Won’t Be Able To Fully Repeal Obamacare

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USA Today: Vice President Biden is off on a six-day trade and diplomatic trip to India and Singapore.

…. The vice president and his wife Dr Jill Biden land Monday in New Dehli; they will travel to Mumbai later this week …. they arrive Thursday in Singapore…

… The Bidens will stop in Hawaii on their way back to the United States; they return to Washington on Sunday.

More here

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Continue reading ‘Rise and Shine’

18
Jul
13

Rise and Shine

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First Lady Michelle Obama talks with children attending Camp Noah as they make trail mix at the McAlpine Park Recreation Center in Birmingham, Ala., July 18, 2012 (Photo by Chuck Kennedy)

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Presidential Daily Schedule (All Times Eastern)

11:25: The President delivers a statement on the Affordable Care Act

12:25: First Lady Michelle Obama, Rahm Emanuel and Amy Rule visit Urban Alliance Chicago

3:0: The President participates in an Ambassador Credentialing Ceremony (closed press)

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Steve Benen: Jobless claims show sharp improvement, reach three-month low

Last week’s report on initial unemployment claims was unexpectedly discouraging, making the good news this morning that more reassuring.

The number of people who applied for regular state unemployment-insurance benefits dropped 24,000 to 334,000 in the week that ended July 13, hitting the lowest level of new claims since early May, signaling a slower pace of layoffs, the U.S. Department of Labor reported Thursday. Economists polled by MarketWatch had expected initial claims to fall to 341,000 from an original estimate of 360,000 in the prior week. However, it’s difficult to precisely measure claims this month because of distortions from events such as annual auto plant shutdowns and the July 4 holiday, they said…. The four-week average of initial claims, a less volatile gauge, declined 5,250 to 346,000.

More here

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Philip Bump: Those of you who are old enough may remember a time when Barack Obama was plagued with scandal. “Scandal politics sweep Capitol Hill,” Politico yelped. The suffix “-gate” was added to various words. So what happened to the scandals? For the most part, they’ve been hollowed out. The scandal: Benghazi. What it was: The death of four Americans at a diplomatic (read: CIA) outpost in the Libyan city of Benghazi last September 11th bubbled for a while. The release of emails suggesting a cover-up kicked conspiracy theories into high gear.

How real it was in the first place: Not very. Current status: Last rites administered Those emails reported by ABC News were only part of the story. The White House released the full email chain, making it clear that the administration’s involvement in drafting a set of post-attack talking points wasn’t what opponents suggested. (We even declared the scandal dead the same week.)

More here

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President Barack Obama meets with senior advisors in the Oval Office before a phone call with President Vladimir Putin of Russia, July 18, 2012. Pictured, from left, are: Chris Mizelle, Director for Russia and Central Asia, NSS; National Security Advisor Tom Donilon; Chief of Staff Jack Lew; and Denis McDonough, Deputy National Security Advisor. (Official White House Photo by Pete Souza)

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Paul Krugman: Obamacare Is the Right’s Worst Nightmare

News from New York: it looks as if insurance premiums on the individual market are going to plunge thanks to Obamacare. This shouldn’t come as a surprise; in fact, the New York experience perfectly illustrates why Obamacare had to look the way it does. And it also illustrates why conservatives should be terrified about this legislation, as it takes effect. Americans may have had a lot of misgivings in advance, thanks to vast, deliberately spread misinformation. But I agree with Matt Yglesias — unless the GOP finds even more ways to sabotage the plan, this thing is going to work, it’s going to be extremely popular, and it’s going to wreak havoc with conservative ideology.

Conservatives are right to be hysterical about this: it’s an attack on everything they believe — and it’s going to make Americans’ lives better. What could be worse?

Full post here

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Abby Ohlheiser: House Republicans followed up on the Obama administration’s decision to delay the implementation of the employer mandate for one year by voting to make that decision a law, and to extend that delay to all individuals, too. It’s a more limited protest vote than what we’re used to seeing from the House GOP on Obamacare: There have been 38 legislative attempts to revoke either all or part of the health care reform law since 2011.

On Wednesday, both votes to delay passed easily: 264 – 161 for the employer mandate, and 251 – 174 for the individual mandate. They will not become law: President Obama would veto both bills if they made it to his desk.

More here

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Sen. Elizabeth Warren embraces Richard Cordray following a statement by President Barack Obama on Cordray’s confirmation as director of the Consumer Financial Protection Bureau, July 17

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Happy 95th Birthday Nelson Mandela!

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Continue reading ‘Rise and Shine’

06
Jul
13

Rise and Shine

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President Barack Obama shoots baskets on the White House basketball court with Justin Friedlander and his family, July 6, 2010. Friedlander, who was diagnosed with an inoperable brain tumor in March, 2009, has launched an initiative called “Justin’s Quest,” in which he will shoot 63,000 basketball shots, one for every person diagnosed with a primary brain tumor each year in the United States. (Official White House Photo by Pete Souza)

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ThinkProgress: While the unemployment rate for all veterans fell below the national unemployment rate months ago, one group of veterans — those who have served since September 11, 2001 in Iraq and Afghanistan — continued to lag behind as the rest of the job market recovered. But in the last few months, the unemployment rate for so-called Gulf War II era veterans —defined by the BLS as those who served in the Armed Forces sometime since September 2001 and have since returned to civilian life — has steadily declined, even eventually dipping below the national unemployment rate for the first time since February 2012. That trend continued on Friday, when the Bureau of Labor Statistics released its June jobs report showing that the unemployment rate for this newest group of veterans fell to just 7.2 percent last month, its lowest level ever since the BLS regularly began tracking veterans’ unemployment rates in 2009. June also marks the fifth consecutive month in which the unemployment rate for new veterans has fallen.

The unemployment rate for veterans overall still remains lower than the national average, at just 6.3 percent. A coalition of businesses and officials in the Obama administration have placed a premium on the hiring of veterans. Legislation like the VOW to Hire Heroes Act of 2011 offer businesses tax credits for each veteran a company hires and strengthens federal transition assistance programs, while companies like Tesla Motors, Southwest Airlines and JPMorgan Chase have been commended by veterans groups like the Iraq and Afghanistan Veterans of America (IAVA) for their commitment towards the hiring of returning veterans.

First Lady Michelle Obama has also made a big effort to help transition veterans into civilian jobs upon their return, most recently with the announcement of a new credentialing program that aims to help veterans acquire the necessary civilian certification for jobs in the IT industry.

More here

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Bryce Covert: Rhode Island state House voted 53-18 to pass a bill that would allow workers to take paid time off to care for a new child or a sick or injured family member. The Senate had previously passed the bill, but due to a technical change in the House version it headed back for a final vote in the Senate. That vote will send it to Gov. Lincoln Chafee’s (D) desk, who activists expect will sign it into law.

 The bill expands the state’s current Temporary Disability Insurance (TDI) program, which currently only covers those who need time off for a work-related illness or injury, to cover those who need family leave. Temporary Caregiver Insurance (TCI) will allow workers to pay into the program through a payroll deduction and then, starting January 2014, take up to four weeks of paid leave, which would rise to six weeks the year after and eight weeks by 2016. Paying into the program would cost someone making $43,000 a year 83 cents a week. The minimum weekly payment for the TDI program is currently $72 and the maximum is $752. It would cover nearly 80 percent of the state’s workforce. California and New Jersey are the only other two states that have programs similar to this one, which allow employees to pay into paid leave insurance. Connecticut also took a step toward creating such a program recently by setting up a task force to study the feasibility.

More here

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Bryce Covert: All but 12 House Republicans voted for the Pain-Capable Unborn Child Protection Act two weeks ago, which would ban abortions in the country 20 weeks after fertilization. But for the party of supposed fiscal restraint, such a move comes with a cost. The Congressional Budget Office (CBO) scored the bill last week and found that it would increase government spending and deficits. This should surprise no one, however. Reducing access to women’s reproductive choices comes with a high price tag for taxpayers. In scoring the House bill, the CBO said, “Depending on the number of additional births under H.R. 1797, such Medicaid costs could range from about $75 million over the next 10 years to more than $400 million over that period.” The bill would increase the deficit by $75 million between 2014 and 2018 and by $225 million from 2014 to 2023. These costs are thanks to the fact that 40 percent of all births are paid for by Medicaid and additional births will drive up those costs.

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Texas, however, should know that cutting off reproductive choices can drive up the government’s costs. In 2011, state legislators slashed funding for family planning services by $73 million in an attempt to deny Planned Parenthood taxpayer dollars because it provides abortions, despite the fact that the clinics that receive state subsidies didn’t provide the service. Denying low-income women access to family planning services was going to mean the delivery of 24,000 babies that they wouldn’t otherwise have had, which were going to cost Texans as much as $273 million thanks to medical expenses and covering their infants under Medicaid. After staring down those numbers, Texas lawmakers on both sides of the aisle have started working to reinstate the funds.

More here

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Guests take pictures as President Barack Obama signs HR 4348, the Transportation and Student Loan Interest Rate bill, during a ceremony in the East Room of the White House, July 6, 2012. (Official White House Photo by Pete Souza)

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Jamelle Bouie: Today’s story from the New York Times on IRS “filtering” should be the final word on whether this was political targeting or a more mundane instance of mistakes and misjudgments from overworked bureaucrats. Of the nearly 200,000 applications for tax-exempt status the IRS received between 2010 and 2012, it flagged 22,000 for further review. Of those, just 296 came from partisan political groups. In other words, notes the Times, “most of the applications pulled aside for further scrutiny in those years had nothing to do with politics, conservative or liberal, just as most of the red flags thrown up by the I.R.S.’s lookout lists were not overtly political.”

What were some of the other groups flagged by the IRS? “Medical marijuana purveyors, organizations formed to carry out President Obama’s health care law, and open source software developers who create software tools for computer code writers and distribute them free of charge.” Unless Republicans can prove that the White House has it out for open-source developers as well as tea party activists, it’s hard to see how they continue to stand by their claims.

More here

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President Barack Obama listens during a communications planning meeting in the Roosevelt Room of the White House, July 6, 2010. (Official White House Photo by Pete Souza)

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Neil Irwin: Usually, we are among the first to insist that the monthly jobs report matters not for the wild swings it can create on financial markets but for what it tells us about the state of the U.S. economy and the employment and earnings prospects of our 300 million fellow citizens. Not today. The jobs numbers were pretty good: The nation added 195,000 positions in June, and job creation was significantly stronger than it seemed in April and May. The unemployment rate was unchanged, but more people joined the workforce. All in all, things seem to be getting better, and maybe getting better more quickly than it had seemed 24 hours ago.

More here

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Tom Kludt: The 7-year-old Virginia boy who was struck by a stray bullet while on his way to watch a Fourth of July fireworks display died Friday, according to Richmond-based NBC affiliate WWBT. Police said the accident was likely the result of someone firing a gun in the air to celebrate the holiday. It is still unknown who fired the shot.

The boy and his father were walking to watch a fireworks show in Brandermill, Va. when the youngster fell behind before suddenly dropping to the ground. His father thought his son had passed out until he noticed the bullet wound on top the boy’s head. The boy died at Virginia Commonwealth University Medical Center in Richmond, Va.

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Zoe Schlanger: A South Dakota man fell asleep on his back porch while holding a loaded handgun, and accidentally shot himself in the midsection when a relative turned on the porch light, the Daily Republic reported.

The 34-year-old man suffered minor flesh wounds and was able to transport himself to the hospital.

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TPM: Baltimore man Lassiter Basket, 82, was careful to use blanks and shoot indoors when he fired his handgun to celebrate the Fourth of July, the Baltimore Sun reported. Fragments of a blank moved through his great-granddaughter’s bedroom wall, and burned into her wrists and leg.

More here

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LOLGOP: As some debate whether this country has become more like George Orwell’s 1984 of Aldous Huxley’s Brave New World, keep in mind that for millions of Americans who have no time to debate such a lofty question, actual oppression exists. This oppression isn’t a overwhelming fear of a the Thought Police or even a steady drugging that manufactures consent. It isn’t theoretical or some slippery slope that slowly envelops true liberty. It’s a never-ending concern about survival and sustenance. It’s a need to keep children fed, clothed and well. It’s knowing that disaster lurks every time your boss is unhappy with you.

The dystopian future we may fear already exists for millions. If you’re expecting fascism to come with a cross and a flag, you’re immune — due to over or underexposure — to the actual economic feudalism that has always trapped the working poor in the country. It’s called wage slavery. The easiest way to trap someone into a life of wage slavery is deny them education and have them start a family before they can afford it. Texas Republicans have this formula for a lifetime of poverty worked out to a science.

The Texas GOP’s jihad against family planning and Planned Parenthood creates unintended pregnancies and leaves poor women with no options. This creates generational poverty and a low-wage workforce with no time to consider how the petrol-funded theocracy of the Lone Star state is designed to make the rich richer and workers less safe and more dependent on the corporations that have indentured them.

 More here

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President Barack Obama shares his strawberry pie with a boy during a lunch stop at Kozy Corners restaurant in Oak Harbor, Ohio. (Official White House Photo by Pete Souza)

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Christopher S. Rugaber: U.S. employers added a robust 195,000 jobs in June and many more in April and May than previously thought. The job growth raises hopes for a stronger economy in the second half of 2013. The unemployment rate remained 7.6 percent. That was because more people started looking for work in June — a healthy sign. Once people without jobs start looking for one, the government counts them as unemployed. Pay also rose sharply in June, the Labor Department’s monthly jobs report Friday showed. Pay has now outpaced inflation over the past year.

Stock index futures rose shortly after the report was released at 8:30 a.m. EDT. And the yield on the 10-year Treasury note jumped from 2.56 percent to 2.65 percent, a sign that investors think the economy is improving. Friday’s report showed that the economy added 70,000 more jobs in April and May than the government had previously estimated — 50,000 in April and 20,000 in May. Average hourly pay rose 10 cents to $24.01, 2.2 percent higher than a year ago. The hotels, restaurants and entertainment industry added 75,000 jobs last month. Retailers added 37,000. Temporary jobs rose 10,000. Manufacturing shed 6,000 jobs. But construction added 13,000, and health care gained 20,000.

Auto sales in the January-June period topped 7.8 million, their best first half since 2007, according to Autodata Corp. and Ward’s AutoInfoBank. Sales of previously occupied homes exceeded 5 million in May, the first time that’s happened since November 2009. New-home sales rose at their fastest pace in five years.

More here

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First Lady Michelle Obama huddles with children during a Joining Forces event with military families at Nationals Park in Washington, D.C. (Official White House Photo by Samantha Appleton)

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President Barack Obama gets a hug from a little girl as he greets Wounded Warriors and their families in the State Dining Room of the White House. (Official White House Photo by Pete Souza)

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Have A Frank Lampard Winning Streak Day! :D

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05
Jul
13

Rise and Shine

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Today:

2:30: President Obama departs Joint Base Andrews en route Camp David

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Steve Benen: U.S. job growth improves, exceeds expectations

Going into this morning, most economists projected job growth from June to be about 155,000 new jobs. With this in mind, the new report from the Bureau of Labor Statistics shows not only good news, but unexpectedly good news…..

The U.S. economy added a better-than-expected 195,000 jobs in June and employment gains for May and April were revised sharply higher, the U.S. government said Friday. The unemployment rate was unchanged at 7.6%, but the size of the labor force increased by 177,000, according to the Labor Department said.

…. Perhaps the most important – and most heartening – detail in this new report is the upward revisions for the previous two months…

More here

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Business Insider: It’s a beat!

195K new private sector jobs was well ahead of the 165K new jobs that was expected.

More here

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Ah, funny how this didn’t get much attention….

NYT: I.R.S. Scrutiny Went Beyond the Political

In 2010, a tiny Palestinian-rights group called Minnesota Break the Bonds applied to the Internal Revenue Service for tax-exempt status. Two years and a lot of prodding later, the I.R.S. sent the group’s leaders a series of questions and requests almost identical to the ones it was sending to Tea Party groups at the time.

…. The controversy that erupted in May has focused on an ideological question: Were conservative groups singled out for special treatment based on their politics, or did the I.R.S. equally target liberal groups? But a closer look at the I.R.S. operation suggests that the problem was less about ideology and more about how a process instructing reviewers to “be on the lookout” for selected terms was applied to any group that mentioned certain words in its application.

More here

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ThinkProgress: What The Mainstream Media Misses About Texas’ Ongoing Abortion Battle

Over the past week, Texas has captured national attention with a dramatic show-down between a Republican-controlled legislature and thousands of reproductive health advocates…. but many of the narratives the media is crafting aren’t actually getting at the full scope of the story.

In addition to criminalizing abortion services after 20 weeks, the other provisions in Texas’ abortion proposals would impose harsh restrictions on abortion providers. By subjecting abortion clinics to new regulations that would force them to make expensive updates to their facilities — unnecessary measures that major medical groups, like the American College of Obstetricians and Gynecologists, oppose — Texas’ bill would force 90 percent of the state’s clinics to close their doors. That would leave just five abortion clinics in the entire Lone Star State, which happens to be the second most populous state in the country.

…. And the real catch? Outside of the debate about abortion access after 20 weeks — even outside of the fight for abortion rights altogether — the “abortion clinics” in question are often providing health services that encompass much more than helping women terminate a pregnancy. Many of them also provide preventative care, family planning counseling, STD testing, and cancer screenings. And they offer those health services to Texans of both genders who are typically uninsured.

More here

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News Observer: Gov. Pat McCrory doled out handshakes and hailed parade-goers as he rode in this Rowan County town’s Fourth of July parade Thursday, but he wouldn’t say what he’d do about a controversial abortion bill if it reaches his desk.

That question has been on many minds in North Carolina this week, after the N.C. Senate Wednesday approved sweeping new rules that could limit abortions. The bill now goes to the N.C. House.

The legislation would require N.C. abortion clinics to meet tougher standards similar to those governing outpatient surgery clinics. As a result, critics say, it would effectively close the majority of the state’s 16 abortion clinics. It would also require doctors to be present when women take pills to induce abortions.

More here

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Oh boy…..

Mediaite: Cardinal Nicolas de Jesus Lopez Rodriguez, the Archbishop of Santo Domingo, was a little shocked when reporters switched from questioning him about the U.S.’s openly gay nominee for Ambassador to the Dominican Republic to the subject of the regional egg trade: “We go from faggots and lesbians to this?” he said, laughing. “We’re jumping to chickens now?”….

More here

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Woah – nice voice! Chairman of the Joint Chiefs of Staff General Martin E. Dempsey sings the National Anthem at the Washington Nationals versus Milwaukee Brewers at Nationals Park on July 4:

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MooooOOOOoooorning!

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