Yahoo! News: Elections

Obama throws $75 billion lifeline to homeowners (AP) Posted: 18 Feb 2009 10:55 PM CST AP - President Barack Obama threw a $75 billion lifeline to millions of Americans on the brink of foreclosure Wednesday, declaring an urgent need for drastic action — not only to save their homes but to keep the housing crisis "from wreaking even greater havoc" on the broader national economy.

US commander: Troops 'stalemated' in Afghanistan (AP) Posted: 18 Feb 2009 08:36 PM CST AP - The top U.S. commander in Afghanistan offered a grim view Wednesday of military efforts in southern Afghanistan, warning that 17,000 new troops will take on emboldened Taliban insurgents who have "stalemated" U.S. and allied forces.

Clinton hammers home Obama message in Asia (AP) Posted: 19 Feb 2009 12:29 AM CST AP - Secretary of State Hillary Rodham on Thursday relentlessly hammered home the Obama administration's message that America is under new management and ready to listen and engage the world.

Billionaire's bank customers denied their deposits (AP) Posted: 18 Feb 2009 07:39 PM CST AP - Panicky depositors were turned away from Stanford International Bank and some of its Latin American affiliates Wednesday, unable to withdraw their money after U.S. regulators accused Texas financier R. Allen Stanford of perpetrating an $8 billion fraud against his companies' investors.

McKiernan: 'Tough year' in Afghanistan (Politico) Posted: 18 Feb 2009 06:03 PM CST Politico - The United States will have to remain “heavily engaged” in Afghanistan for the next three to four years, the senior U.S. commander said Wednesday, suggesting that the insurgency may not be contained until the end of President Barack Obama’s first term.

Feds cite poor information-sharing in ship crash (AP) Posted: 18 Feb 2009 08:15 PM CST AP - A medically unfit pilot, an ineffective captain and poor communications between the two were the cause of a November 2007 accident leading a ship to spill thousands of gallons of fuel oil into the San Francisco Bay, safety officials said Wednesday.

UBS to pay $780M, open secret Swiss bank records (AP) Posted: 18 Feb 2009 07:15 PM CST AP - Banking giant UBS has agreed to pay $780 million and turn over once-secret Swiss banking records to settle allegations it conspired to defraud the U.S. government of taxes owed by thousands of American clients.

Gates hoping for better relations with Russia (AP) Posted: 19 Feb 2009 01:39 AM CST AP - Defense Secretary Robert Gates said he sees a chance for better relations with Russia with a new president in the White House, but warned that Moscow is trying to "have it both ways" by offering help in Afghanistan and undermining U.S. efforts there at the same time.

FAA, NTSB feud over safety recommendations (AP) Posted: 18 Feb 2009 07:09 PM CST AP - A week after Continental Flight 3407 fell from the sky on an icy night near Buffalo, N.Y., the crash has exposed a long simmering rift in Washington between the two agencies responsible for air safety.

First lady hosts Black History Month celebration (AP) Posted: 18 Feb 2009 06:14 PM CST AP - Foot-stomping music filled the East Room of the White House on Wednesday as first lady Michelle Obama hosted nearly 200 schoolchildren for a Black History Month celebration featuring Sweet Honey in the Rock, an award-winning female a cappella ensemble.

US to press allies for more Afghanistan troops (AFP) Posted: 19 Feb 2009 12:49 AM CST AFP - The administration of President Barack Obama will expect NATO allies to up troop levels in Afghanistan ahead of elections there in August, US Secretary of Defense Robert Gates said.

Obama to address protectionist fears on Canada trip (Reuters) Posted: 19 Feb 2009 12:20 AM CST Reuters - Barack Obama will seek to quell Canadian concerns about U.S. protectionism when he makes his first foreign trip as president on Thursday to the United States' biggest trading partner and energy supplier.

Groups caution Obama not breaking from Bush secrecy (Reuters) Posted: 19 Feb 2009 12:16 AM CST Reuters - Civil liberties experts say ongoing cases related to torture and rendition are testing the Obama administration's assertion it will be more open and transparent than the Bush administration.

NY Post cartoon of dead chimpanzee stirs outrage (AP) Posted: 19 Feb 2009 12:08 AM CST AP - A New York Post cartoon that some have interpreted as comparing President Barack Obama to a violent chimpanzee gunned down by police drew outrage Wednesday from civil rights leaders and elected officials who said it echoed racist stereotypes of blacks as monkeys.

VIDEO: Bash, King: Cable's couple (Politico) Posted: 18 Feb 2009 10:24 PM CST Politico - CNN's John King and Dana Bash aren't just colleagues — they're spouses. The two got hitched last year and quickly earned the coveted title of Washington "power couple."

Sources: Mo. Rep. Blunt to run for Senate in 2010 (AP) Posted: 18 Feb 2009 09:07 PM CST AP - People close to Missouri congressman Roy Blunt say he is running for the U.S. Senate in 2010.

Sebelius top choice for U.S. health secretary: report (Reuters) Posted: 18 Feb 2009 07:14 PM CST Reuters - Kansas Governor Kathleen Sebelius has emerged as President Barack Obama's top choice for health secretary, a key post in helping to overhaul the U.S. healthcare system, the New York Times reported on Wednesday, citing Obama advisers.

Obama unveils plan to tackle housing crisis (Reuters) Posted: 18 Feb 2009 07:13 PM CST Reuters - U.S. President Barack Obama pledged up to $275 billion on Wednesday to help stem a wave of home foreclosures, part of a broad effort using massive sums of government money to lift the country out of recession.

Dems abandon Burris (Politico) Posted: 18 Feb 2009 05:48 PM CST Politico - Sen. Roland Burris is rapidly losing any political support he once had among colleagues, with Democrats from the statehouse to the White House raising questions about his entanglements with ousted Illinois Gov. Rod Blagojevich.

Automakers need major restructuring: White House (Reuters) Posted: 18 Feb 2009 05:47 PM CST Reuters - The U.S. auto industry needs a "fundamental restructuring," but it is too soon to gauge where a government review of restructuring plans will end up, a top White House official said on Wednesday.

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