Yahoo! News: Elections

Chorus of outrage over millions in AIG bonuses (AP) Posted: 15 Mar 2009 04:25 PM PDT AP - Leaders of the White House economic team and the Senate's top Republican bellowed about bonuses at a bailed-out insurance giant and pledged to prevent such payments in the future.

Cheney: Obama detainee policies make US less safe (AP) Posted: 15 Mar 2009 10:56 AM PDT AP - Former Vice President Dick Cheney said Sunday that Americans are less safe now that President Barack Obama has overturned Bush terrorism-fighting policies and that nearly all the Republican administration's goals in Iraq have been achieved.

Summers calls AIG bonuses 'outrageous' (AP) Posted: 15 Mar 2009 11:39 AM PDT AP - "Outrageous." That's what the president's chief economic adviser calls the tens of millions of dollars in new bonuses paid out by the troubled insurance giant American International Group.

Obama plans to boost small biz (Politico) Posted: 15 Mar 2009 11:02 AM PDT Politico - President Barack Obama is looking for some sector of the economy to lead the nation out of recession, and he's putting down a $730 million dollar bet Monday on small businesses.

Health insurance industry works on image makeover (AP) Posted: 15 Mar 2009 11:50 AM PDT AP - The health insurance industry is working on a transformation that could come right out of "Extreme Makeover."

Obama to unveil plans to help small businesses (AP) Posted: 15 Mar 2009 04:24 PM PDT AP - Amid misgivings over his spending blueprint, President Barack Obama has decided to provide billions of dollars in federal lending aid aimed at struggling small business owners.

Cheney going high-tech and driving a car (AP) Posted: 15 Mar 2009 08:06 AM PDT AP - Dick Cheney's going high-tech with a BlackBerry and a wireless device for reading books. And he's driving a car these days.

For Liberians in US, a frightening waiting game (AP) Posted: 15 Mar 2009 07:42 AM PDT AP - Alexander Collins has two homes: a new one in the U.S. where he wants to stay and one in Africa he wants to leave for good.

Cheney dismisses idea that Limbaugh is bad for GOP (AP) Posted: 15 Mar 2009 11:00 AM PDT AP - A debate between President Barack Obama and Rush Limbaugh? If it ever happens, Dick Cheney will be in line for a ticket.

Polls close in Salvador vote (AFP) Posted: 15 Mar 2009 04:59 PM PDT AFP - Polls closed in El Salvador Sunday in a potentially historic presidential election that could see former leftist rebels complete their political takeover, 17 years after a devastating civil war.

VIDEO: Economy dominates shows (Politico) Posted: 15 Mar 2009 01:54 PM PDT Politico - Several key members of President Obama’s economic team used Sunday’s talk show circuit to project an upbeat long-term outlook for the U.S. economy—although they faced tough questions over AIG employee bonuses, taxing employee health benefits, and the details of further White House efforts to bail out American banks by buying up hundreds of billions of dollars in “toxic assets.”

Obama to announce steps to aid small businesses (Reuters) Posted: 15 Mar 2009 01:18 PM PDT Reuters - U.S. President Barack Obama will announce steps on Monday to make it easier for small business owners to borrow money, using $730 million in stimulus funds to cut lending fees, boost loan guarantees and expand other programs, officials said.

Biden aids Lincoln reelection bid (Politico) Posted: 15 Mar 2009 10:25 AM PDT Politico - Vice President Joe Biden helped bank $800,000 Saturday for the reelection campaign of Sen. Blanche Lincoln (D-Ark.). It was the first fundraising event attended by either Biden or President Barack Obama since the inauguration.

Cheney: US less safe under Obama (AFP) Posted: 15 Mar 2009 10:20 AM PDT AFP - President Barack Obama has made Americans more vulnerable to attack, former vice president Dick Cheney said Sunday in a trenchant defense of his own divisive prosecution of the "war on terror."

Summers: AIG bonuses 'outrageous' (Politico) Posted: 15 Mar 2009 10:00 AM PDT Politico - Lawrence Summers, the director of the National Economic Council, said the $165 million in bonus payouts to AIG employees was "outrageous."

Lawmakers take aim at AIG (Politico) Posted: 15 Mar 2009 09:58 AM PDT Politico - While lawmakers are vowing to investigate huge bonuses paid by American International Group—the struggling mega-insurer that has received more than $170 billion in government rescue funds—they admit it's not clear the government has the authority to stop them, or recoup the bonus money.

Romer: Obama is against taxing health care (Politico) Posted: 15 Mar 2009 09:38 AM PDT Politico - Dr. Christina Romer, chairwoman of the White House Council of Economic Advisors, took a slightly different tack from other administration officials on the hugely controversial issue of whether President Obama would support taxing health-care benefits in order to pay for expanding health care to uninsured Americans.

Possible therapy takes bite out of peanut allergy (AP) Posted: 15 Mar 2009 01:50 PM PDT AP - Scientists have the first evidence that life-threatening peanut allergies may be cured one day.

Lawmakers angry over AIG (Politico) Posted: 15 Mar 2009 08:03 AM PDT Politico - Lawmakers reacted angrily, but with a hint of caution, on the issue of failed insurance giant AIG paying out $165 million in bonuses to its employees despite receiving $170 billion in federal bailout funds.

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