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11 Feb 2011 20:33

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Politics: Dead-on Sarah Palin impersonator causes scene at CPAC

  • Here at ShortFormBlog, we have instituted a standing no-Sarah-Palin policy until she actually announces she’s running for political office again. But that doesn’t mean we can’t post anything about Sarah Palin impostors hilariously storming CPAC. She’s not technically Sarah Palin. So, there you go guys … a Sarah Palin impostor hilariously storming CPAC. It’d be much funnier if it was a dude in drag, but we’ll take it. source

11 Feb 2011 20:04

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World: On the Islamic Revolution’s 32nd anniversary, could Iran be next?

If Ahmadinejad has a nervous look on his face, it’s because the Egyptian protests may give Iranian activists new life on Monday. Especially after Wael Ghonim gave the Green Revolution a big up. source

11 Feb 2011 18:07

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World: One country not cheering about Mubarak’s exit: Israel

  • The Muslim Brotherhood has already said they won’t be committed to the peace treaty. I don’t see a military conflict with Israel. But the whole regional order of the last 30 years will be totally shattered.
  • Former Israel ambassador to Egypt Eli Shaked • Expressing his, and by extension his country’s fears over losing a major ally in the revolution that ousted Hosni Mubarak. Unlike the United States, Israel never turned away from their longtime ally in fear of what would come for Egypt after. Their biggest fear? While they don’t expect another war in the region, they fear the possibility that the Muslim Brotherhood, a group they feel would be against Israel, would gain a foothold in Egyptian politics. There’s a point where diplomatic concerns becomes a poor reason to diplomatically block a country’s freedoms, and most countries feel we passed it. Israel apparently didn’t. source

11 Feb 2011 12:36

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U.S.: Chandra Levy’s convicted killer sentenced, didn’t get life in prison

  • 60 years in prison for convicted killer Ingmar Guandique source

11 Feb 2011 11:21

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World: Mohamed ElBaradei on Mubarak: “The country has been liberated”

  • This is the greatest day of my life. The country has been liberated.
  • Egyptian opposition figure Mohamed ElBaradei • In his immediate reaction to the news that Hosni Mubarak has left power in Egypt. It’s too soon to tell what happens next, but the excitement is strong in Tahrir Square. source

11 Feb 2011 11:10

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World: BREAKING: Hosni Mubarak steps down as Egyptian president

  • yesterday In a defiant speech, Hosni Mubarak made it clear that he was in fact not stepping down from his perch as Egyptian leader.
  • today Vice President Omar Suleiman announced that Mubarak just stepped down today. Guess that wasn’t so true, huh? source

11 Feb 2011 10:57

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Biz: Fannie Mae and Freddie Mac getting kicked onto the curb?

  • This is a plan for fundamental reform — to wind down the GSEs, strengthen consumer protection and preserve access to affordable housing for people who need it.
  • Treasury Secretary Timothy Geithner • Explaining how he wants to wind down Fannie Mae and Freddie Mac, two government-owned mortgage-securities organizations which helped fuel the housing bubble and were ultimately felled by the subprime mortgage crisis. Geithner laid out three different ways to solve the Fannie and Freddie problem, all of which involve getting them off the taxpayer’s dime. The solutions rank in varying degrees – one is completely privatized with government guidance, one plays middle ground, and the third is a more-regulated version of Fannie and Freddie. The current organizations would pay off their massive debts, though. source
 

11 Feb 2011 10:37

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Biz: Fannie Mae, Freddie Mac: When does “bailout” become “sinkhole”?

  • $153
    billion
    the amount that taxpayers have lost already on bailing out Fannie Mae and Freddie Mac
  • $68
    billion
    the amount expected to fall into that money pit by 2013 – a $211 billion grand total source

11 Feb 2011 10:05

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Biz: Groupon listens to angry people, takes controversial ads off air

  • Five days have passed since the Super Bowl, and one thing is clear – our ads offended a lot of people. Tuesday I posted an explanation, but as many of you have pointed out, if an ad requires an explanation, that means it didn’t work.
  • Groupon CEO Andrew Mason • Being forced to back down on those cause-mocking Super Bowl ads which seem to have pissed off just about everybody. Within the next day or so, they’re going off the air, kids. ” We thought we were poking fun at ourselves,” he continued. but clearly the execution was off and the joke didn’t come through.” Mason says he personally takes blame for approving the ads. (thanks abcworldnews) source

11 Feb 2011 09:34

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World: Is Hosni Mubarak effectively out? Most signs point to yes.

So, what happens when you claim to still be the leader of a country, then immediately leave the city as if in exile? Considering Hosni Mubarak’s recent moves, we may find out. source