5 QuickLinks
Thursday, May 18, 2006
House budget sees $348 billion deficit - FISCAL INSANITY!!
(3 comments)
House passed reckless 2007 wartime budget that would continue a string of large deficits and trigger an increase in government borrowing authority - Debt $8.342 TRILLION. By a vote of 218-210, the House passed the $2.7 trillion budget. No Democrat voted for this disservice to the American taxpayer.
Thursday, May 18, 2006
Inflation...It's BACK says Labor Dept. - Rents a Key Driver
(3 comments)
Higher consumer inflation crashed the economy's growth party Wednesday. Rising rents and higher prices for a wide variety of consumer goods, including prescription drugs, were key factors behind a higher-than-expected 0.6% increase in consumer prices. The inflation news sparked a stock market sell-off amid fears that it would lead to higher interest rates and an economic slowdown.
Thursday, May 18, 2006
Up to 105 Die in Fierce Afghan Violence
(3 comments)
Fierce violence erupted across southern Afghanistan, with militants battling U.S. and Canadian forces, detonating car bombs and attacking a small village. Up to 105 people were killed. Much of the violence occurred in the southern provinces of Helmand and Kandahar, where thousands of extra
NATO troops are scheduled to deploy this summer to counter an increasing number of attacks from a stubborn insurgency.
Thursday, May 18, 2006
Oil Diplomacy
(3 comments)
Why the Bush administration makes nice with Moammar of Libya but goes beserk over Hugo in Venezuela
Thursday, May 18, 2006
Telecom Sector Donates To Senate Commerce Chairman
(3 comments)
Telecommunications, media and Internet conglomerates seeking regulatory relief from the Senate Commerce Committee are giving generously to the campaign coffers of panel Chairman Ted Stevens, R-Alaska.
The largesse is notable because Stevens, who is drafting the most comprehensive overhaul of telecom laws in a decade, is not up for re-election until 2008.
