Yahoo! News: Elections

AIG chairman says retention payments distasteful (AP) Posted: 18 Mar 2009 08:29 AM PDT AP - The chief of failed insurance conglomerate AIG acknowledged Wednesday to skeptical congressional interrogators that the company's multibillion bonuses to employees were "distasteful" to many Americans including himself and that "I share that anger." Lawmakers from both parties expressed fury over the company's behavior.

Analysis: White House, Dems backpedaling on AIG (AP) Posted: 18 Mar 2009 08:01 AM PDT AP - For the first time since last fall's election, Democrats and the Obama administration are backpedaling furiously on an issue easily understood by financially strapped taxpayers: $165 million in bonuses paid out at bailed-out AIG.

Analysis: AIG bonuses new cloud over Treasury boss (AP) Posted: 18 Mar 2009 07:07 AM PDT AP - If not distancing itself from Treasury Secretary Timothy Geithner, the White House is placing firmly on his shoulders responsibility for how the government handled the $165 million in bonuses paid to about 400 executives and traders at American International Group Inc.

Obama calls on Americans to support budget (AP) Posted: 18 Mar 2009 05:53 AM PDT AP - In a new Web video, President Barack Obama is asking Americans to help him pass his $3.6 trillion budget.

Bush promises not to attack Obama (Politico) Posted: 18 Mar 2009 03:30 AM PDT Politico - Getting two standing ovations at his first speech since leaving office, former President George W. Bush said that if President Obama wants help, “he can pick up the phone and call.” Otherwise, Bush said: “He deserves my silence.”

Obama heads to California for town-hall meetings (AP) Posted: 18 Mar 2009 04:41 AM PDT AP - President Barack Obama heads to California today, where he will preside over a couple of town hall-style meetings and become the first incumbent chief executive to appear on "The Tonight Show." The visit comes at a time when California is being hit hard economically.

More feds headed to border to quell drug violence (AP) Posted: 18 Mar 2009 03:35 AM PDT AP - Seeking to stanch the flow of drugs, guns and violence saturating the Mexico-U.S. border, the Obama administration is preparing to send more federal agents as reinforcements.

Bush says it's 'essential' to help Obama (AP) Posted: 18 Mar 2009 03:35 AM PDT AP - Former President George W. Bush, making his first public speech since leaving office in January, says he wants Barack Obama to succeed and that it's "essential" to support the new leader.

Sources: US to sign UN gay rights declaration (AP) Posted: 17 Mar 2009 09:28 PM PDT AP - The Obama administration will endorse a U.N. declaration calling for the worldwide decriminalization of homosexuality that then-President George W. Bush had refused to sign, The Associated Press has learned.

SPIN METER: Cue the Washington outrage (AP) Posted: 18 Mar 2009 03:25 AM PDT AP - Cue the outrage.

Correction: Michelle Obama story (AP) Posted: 18 Mar 2009 08:52 AM PDT AP - In a March 17 story about Michelle Obama and community service, The Associated Press erroneously reported that President Barack Obama's budget proposal for 2010 would expand the YouthBuild program from 8,000 to 50,000 young people annually. The proposed expansion was part of candidate Obama's national service platform and would be carried out over eight years.

NJ governor's e-mails with ex will remain private (AP) Posted: 18 Mar 2009 08:48 AM PDT AP - The New Jersey Supreme Court on Wednesday declined to force Gov. Jon S. Corzine to release e-mail exchanges with his ex-girlfriend, ending a potential distraction to his fall re-election bid.

Divide (Electoral Votes) and Conquer? No, Obama Still Won (CQPolitics.com) Posted: 18 Mar 2009 08:00 AM PDT CQPolitics.com - What if the 2008 presidential election had been re-run using a district-based system of awarding electoral votes -- used only in two states -- instead of the winner-take-all method that every other state uses?

Pence: Return AIG donations (Politico) Posted: 18 Mar 2009 07:54 AM PDT Politico - House Republican Conference Chairman Mike Pence was politicians from both parties to return campaign contributions from AIG.

Voters Continue to Give Obama's Budget Mixed Reviews, Worry About Spending (Rasmussen Reports) Posted: 18 Mar 2009 07:48 AM PDT Rasmussen Reports - President Obama took the offensive this week, urging passage of his $3.6-trillion budget, as voters remain divided over the president's plan and continue to worry about the large amount of spending it proposes.

Obama commerce pick vows strict trade enforcement (Reuters) Posted: 18 Mar 2009 07:23 AM PDT Reuters - Former Washington state Governor Gary Locke said on Wednesday he would insist on tough enforcement of U.S. trade laws if confirmed by the Senate to lead the U.S. Commerce Department.

AIG's Liddy says bonus payments were required (Reuters) Posted: 18 Mar 2009 06:36 AM PDT Reuters - American International Group Inc. Chief Executive Officer Edward Liddy gave no indication the insurer would pull back bonuses to employees that have outraged Congress and the Obama administration.

NATO says 4,000 extra troops needed for Afghan poll (Reuters) Posted: 18 Mar 2009 04:55 AM PDT Reuters - NATO's secretary-general said on Wednesday 4,000 more soldiers were needed to secure Afghanistan's presidential election in August and to make sure the vote was credible and fair.

Congress to assist Madoff victims (Politico) Posted: 18 Mar 2009 01:41 AM PDT Politico - When there’s a scandal as big as Bernie Madoff bilking investors out of billions of dollars in a massive Ponzi scheme, expect Congress to get involved.

W.H. goes green, down to the water (Politico) Posted: 18 Mar 2009 01:39 AM PDT Politico - It was gushing green at the White House on Tuesday, and we’re not talking about money (sadly) or environmental reforms, but the water fountain on the front lawn. The water was dyed green in honor of St. Patrick’s Day.

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