The U.S. Postal Service said its net loss last year widened to $15.9 billion, more than the $15 billion it had projected, as mail volume continued to drop, falling 5 percent. Without action by Congress, the service will run out of cash on Oct. 15, 2013, after it makes a required workers compensation payment to the U.S. Labor Department and before revenue typically jumps with holiday season mailing, Chief Financial Officer Joe Corbett said. The service, whose fiscal year ended Sept. 30, lost $5.1 billion a year earlier. It announced the net loss today
Politicians -- and, come to think of it, criminals under interrogation -- are famous for answering the questions they want to answer, which are often not the questions asked. And they frequently attempt to bury a query with words that sound good, but end up revealing very little. Not to mention, consume valuable time, precluding additional questions. Barack Obama has long been reputed as the Real Good Talker, a fellow who says things that sound fine, even at times eloquent to his carefully-picked, eager audiences.
ATLANTIC HIGHLANDS, N.J. –Love letters from World War II written by a New Jersey woman to her boyfriend washed ashore during Superstorm Sandy. A 14-year-old found the 57 letters inside a box walking along a beach in Atlantic Highlands the day after Sandy struck. They chronicled life for Dorothy Fallon and Lynn Farnham from 1942 until the week before they married in 1948. The Vermont native served in the Pacific during the war. Kathleen Chaney tells WNBC-TV in New York (http://bit.ly/RDSPJq ) she started playing amateur detective as her son dried the letters.
It seems with each passing day since the President was re-elected another business owner is coming out to address how he or she is going to make up for the additional costs that will occur once health care reform is fully implemented. On Wednesday, John Metz, the CEO of Hurricane Grill & Wings restaurants said that he´s going to impose an Obamacare surcharge on customers. Speaking with the Huffington Post, Metz said, "If I leave the prices the same, but say on the menu that there is a 5 percent surcharge for Obamacare, customers have two choices.
The FBI agent who exposed the affair between Gen. David Petraeus and his married mistress, which led to Petraeus’ public downfall as head of the CIA, has been identified as Frederick W. Humphries II, according to a New York Times report Wednesday. Associates of Humphries, 47, described him as a “hard-charging” veteran counterterrorism investigator who helped foil the terrorist plot to bomb Los Angeles International Airport on New Year’s Eve in 1999. “Fred is a passionate kind of guy,” a former colleague told The Times. “He’s kind of an obsessive type. If he locked his teeth onto something, he’d be a bulldog.”
Just in case the unaffordable price tag and rising costs don´t quite do the trick, America´s spiraling dearth of doctors will contribute heavily to the collapse of our re-engineered health care system, according to a new study: The United States will require at least 52,000 more family doctors in the year 2025 to keep up with the growing and increasingly older U.S. population, a new study found. The predictions also reflect the passage of the Affordable Care Act -- a change that will expand health insurance coverage to an additional 38 million Americans.
BANGKOK- Citing a string of ethical lapses by senior military officers, Defense Secretary Leon Panetta has asked the Joint Chiefs of Staff to review ethics training and to brainstorm on ways to steer officers away from trouble. The move is a reflection of the depth of concern triggered by a series of misconduct cases in a military that prides itself on integrity and honor but has suffered an unusual number of stumbles after a decade of war. In a memo to Gen. Martin Dempsey, chairman of the Joint Chiefs of Staff, Panetta made no explicit reference
Time for Chicago´s vending machines to chip up or chip out. Mayor Rahm Emanuel said Wednesday he´s cracking down on the caloric content of vending machines in city buildings and plans to replace them all with healthy vending by next year. A proposed ordinance, to be introduced this week, will lay out plans for the new machines and detail guidelines on fat, sugar and calorie content starting in January 2013. “These new vending machines will make it easier than ever before for city employees and the public to make healthy lifestyle decisions,” Emanuel said.
WASHINGTON- It started in May with a spiteful email to the top U.S. commander in Afghanistan. An anonymous writer warned Gen. John Allen that a friend with whom he was meeting in Washington the following week was trouble and he should stay away from her. Allen thought the email was a joke because he didn´t know how anybody else would know about his personal plans with his friend, Florida socialite Jill Kelley, a person close to Kelley said. That email started a chain of events that led to the downfall of
In the midst of a political tempest that has engulfed his former CIA director and his top military commander in Afghanistan, President Barack Obama is traveling to New York City to view recovery efforts from the massive East Coast storm Sandy. While there Thursday, Obama will meet with affected families, local officials and first responders who have been dealing with the deadly storm, which slammed into New York, New Jersey and other East Coast states late month, killing more than 100 people and leaving millions without power.
ALBANY — A district attorney in Syracuse suggested that the Division of Lottery issued a news release last month that may not have been faithful to the facts, a tactic that led to the arrest of two alleged scammers. But the defense lawyer for the men arrested, brothers from Onondaga County who claimed a winning $5 million jackpot, emphasized on Wednesday that the Lottery Division´s Oct. 16 missive to the media was right on target. Some news agencies are unhappy with the communications department of the Lottery
Speaking at an event at the conservative Heritage Foundation on Wednesday, Mark Levin said conservatism is the key to winning the presidential race. “Well, first of all, the lesson we’ve learned is from time to time we ought to nominate a conservative,” said Levin, author, radio host and president of Landmark Legal Foundation. Levin was interviewed by Ed Meese, who named Levin chief of staff when he was serving as attorney general during the Reagan administration. “What lessons should we draw from (the election) as conservatives and what reasons do we
Kmart, the discounting pioneer owned by Sears Holdings (SHLD), is in the throes of a mass shutdown of stores. After a bad 2011 Christmas, Sears Holdings said it would close up to 120 Sears and Kmart locations; as of January, there were just over 1,300 Kmarts in the U.S. and territories, 800 fewer than a decade earlier, when Kmart slid into bankruptcy as an independent company. In February, the parent posted its biggest quarterly loss in at least nine years. It lost $132 million in the July quarter, and analysts expect another loss, on a 10 percent drop in sales
Former CIA Director David Petraeus, in conversations with an HLN journalist, insisted that his resignation had nothing to do with his scheduled testimony about the September attack that killed four Americans in Benghazi, Libya. (Snip) Among other things, Petraeus said he has not talked with Paula Broadwell, his biographer and woman he admitted an affair with, since the scandal broke. "He insisted to me that he has never passed classified information to Paula Broadwell," Phillips said. "He said this has nothing to do with Benghazi, and he wants to testify. He will testify."
The agency’s acting director will tell Congress today that agents on the ground the night Ambassador Chris Stevens was killed never requested military assistance, Eli Lake reports. When the CIA’s acting director, Michael Morell, testifies Thursday before the Senate Select Committee on Intelligence, he is expected to say that the agency never requested Europe-based special operations teams, specialized Marine platoons, or armed drones on the night of the Sept. 11 attack in Benghazi, Libya, according to a senior U.S. intelligence official. The disclosure may put an end to one line of inquiry into the Benghazi affair about why
Michelle Malkin was on Fox and Friends this morning to weigh in on President Obama’s news conference, particularly one reporter taking a moment to congratulate him on his election victory. Here’s the relevant portion of the news conference: CHRISTI PARSONS (REPORTER): Thank you, Mr. President, and congratulations by the way. OBAMA: Thanks QUESTION: One quick follow up… OBAMA: She was there in — when I was running for state Senate, so…QUESTION: That’s right, I was. OBAMA: … Christi and I go back a ways. QUESTION: I’ve never seen you lose. (CROSSTALK) QUESTION: I wasn’t looking that one time.
Some House conservatives who unsuccessfully fought last year to require budget cuts to pay for the disaster aid needed after Hurricane Irene now say they are open to helping the Northeast rebuild from superstorm Sandy. One difference between now and then is the reputation built by Governor Christie among Republicans — including those he campaigned for this year.(Snip) But the push for what is likely to be tens of billions of extra federal dollars comes as Congress is grappling with larger questions tied to the fiscal cliff about how to cut long-term deficits by trillions. And some Democrats and Republicans
In the wake of Barack Obama’s victory at the polls, I’ve received a torrent of emails from liberal friends asking me how I can possibly stand by my characterization of the president as an amateur. After all, they say, Obama ran a masterful election campaign—conclusive proof that he’s a pro, not an amateur. As usual, my liberal friends are conflating two different Obamas—the campaigner and the president—and in doing so, they are missing an important point. Obama has a political sense, but he lacks an executive sense. He is a happy warrior on the campaign trail, doing and
Presidential news conferences aren´t what they used to be. Barack Obama´s 52-minute encounter with the White House press corps Wednesday was less of an illuminating give-and-take and more of a television promotion in which the president demonstrated his ability to avoid answering questions and at the same time showed a fresh sense of confidence and command spawned by his re-election victory last week. (Snip) The president was able to easily slip and slide away from questions he didn´t want to address, such as what happened in the deadly attack on the U.S. Consulate in Benghazi, Libya. I´ve covered nearly all
Let´s get a few things straight right up front: Republicans lost the presidential campaign in part because their nominee did not have the resources to respond to several hundreds of millions of dollars of attack ads launched by the president in May, June and July. They also lost it because they had an inferior get-out-the vote operation in comparison with the president´s. And yes, they also because they alienated several large blocks of voters, including blacks, Latinos, gays and women voters who focused primarily on reproductive rights. Those are the cold, hard facts. I´m a lifelong Republican, but I´ve never
Over at Slate, Dave Weigel has a post up mocking Arizona Senator John McCain’s threat to filibuster Ambassador Susan Rice. In the course of the post Weigel writes the following: “We have a process for nominations, and we want to give her a full hearing,” said Sen. Marco Rubio yesterday when asked about Rice. “I’m concerned with the fact she went on Sunday shows and said this was the product of a spontaneous uprising and not a terrorist attack. Obviously she based those comments on directives or information that she had,
Conservative House member Rep. Louie Gohmert (R-Texas) nominated former House Speaker Newt Gingrich (R-Ga.) to replace current Speaker John Boehner (R-Ohio) in a closed-door meeting of House Republicans on Wednesday. Gohmert reportedly felt it was time to halt "business as usual" in Congress. His nomination of Gingrich did not receive a second and Boehner was reelected. House Republicans held a closed-door meeting at the Capitol on Wednesday to elect their leaders for the upcoming Congress in January. Gohmert nominated Gingrich – who led House Republicans during the Clinton presidency –
Thanks, Obama voters. You just imposed on the rest of us degraded medical care and rising costs. This is no longer hypothetical or abstract. It´s real. It´s the law. Here are some of the bad repercussions of your vote: 1. Decline in pay for doctors Medicare pays doctors only a small fraction of the work they put in. So if she does $100.00 worth of work, Medicare sends him $20.00 or $25.00. Is it any wonder that doctors pad the bill? One of my students who works in a doctor´s office said in class she´s in charge
Even with his own reelection soundly in the bag, President Barack Obama is keeping the truth about the deaths of four Americans in Benghazi as secret as his own locked-from-public-knowledge credentials. With four more years in his pocket to complete his destructive Fundamental Transformation of America, Obama is refusing outright to inform Americans why calls for help from American Libyan Ambassador Chris Stevens and three other Americans to save their lives were ignored until their own violent deaths silenced them. This was Obama’s non-answer to Fox News reporter Ed Henry’s simple question at the White House yesterday:
WASHINGTON - The number of Americans filing new claims for jobless benefits surged last week to a 1 1/2-year high, a sign superstorm Sandy had dented the economy by leaving tens of thousands of people out of work. Initial claims for state unemployment benefits rose 78,000 to a seasonally adjusted 439,000, the Labor Department said on Thursday. That was well above the median forecast in a Reuters poll of 375,000. An analyst from the department said several states from the mid-Atlantic and Northeast reported large increases in claims due to Sandy, a mammoth storm