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And Happy Birthday to my little Brother, BP.
Thanks fer stopping by and be safe.
Large banks are on the verge of losing a key legislative battle over the shape of financial reform, an unusual setback that reflects the continued political backlash over their role in creating the financial crisis.
The House Financial Services Committee is expected to vote Tuesday to let state governments protect bank customers by imposing restrictions that go beyond existing federal laws, according to congressional and industry sources.
The move would roll back a doctrine called preemption that has allowed big banks to answer solely to federal regulators. The banks argue that operating under a single set of rules is more efficient and results in lower prices for customers. But the Obama administration, which is pushing for the change, regards preemption as a cause of the crisis because it prevented state regulators from quashing obvious abuses.
The change essentially would unleash 50 additional regulators on the largest banks.
CBS/AP) Former House Speaker Newt Gingrich was having an extramarital affair even as he led the charge against President Clinton over the Monica Lewinsky affair, he acknowledged in an interview with a conservative Christian group.
"It was common knowledge that Newt was involved with other women during his [first] marriage to Jackie. Maybe not on the level of John Kennedy. But he had girlfriends -- some serious, some trivial." -- Dot Crews, his campaign scheduler throughout the 70s. One woman, Anne Manning, has come forward and confirmed a relationship with him during the 1976 campaign. "We had oral sex. He prefers that modus operandi because then he can say, 'I never slept with her.'"
I rest my case right there.
Kip Carter, his former campaign treasurer, was walking Newt's daughters back from a football game one day and cut across a driveway where he saw a car. "As I got to the car, I saw Newt in the passenger seat and one of the guys' wives with her head in his lap going up and down. Newt kind of turned and gave me this little-boy smile. Fortunately, Jackie Sue and Kathy were a lot younger and shorter then."
"He walked out in the spring of 1980.... By September, I went into the hospital for my third surgery. The two girls came to see me, and said, "Daddy is downstairs. Could he come up?" When he got there, he wanted to discuss the terms of the divorce while I was recovering from my surgery." - Jackie, his first wife".
French special forces soldiers later interviewed for a documentary film will claim that they had Osama bin Laden in their sights once in 2003 and once in 2004 but were never given the go-ahead to fire from their US superiors. One French soldier says, “In 2003 and 2004 we had bin Laden in our sights. The sniper said ‘I have bin Laden’.” It then reportedly takes two hours for the request to shoot to reach US officers who could authorize it, but the French soldier says, “There was a hesitation in command,” and the authorization never came. Four French soldiers are interviewed who back up this claim, but a French military spokesperson denies it. France has roughly 200 elite troops operating under US command near Afghanistan’s border with Pakistan at the time. [Reuters, 12/19/2006; CBC News,