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30 Apr 2011 17:06

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Biz: Warren Buffett: Don’t not raise the debt ceiling, Congress

  • Protip: Trust a guy with a Presidential Medal of Freedom. During Berkshire Hathaway’s annual meeting in Omaha, the investor icon suggested that if Congress failed to raise the federal debt ceiling in the middle of May (as some completely uninformed RedState blogger suggested and Timothy Geithner pleaded against), it would be the “most asinine act” in the chamber’s history. And Congress has done a lot of stupid crap in their day. Perhaps we should listen to this highly-regarded rich guy! (photo by Medill DC‘s Flickr photostream) source

30 Apr 2011 16:44

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World: Did Yemen’s Saleh actually sign that agreement to step down?

  • NO guess who’s suddenly having reservations? source
  • » Protesters aren’t really into it, either: For whatever reason, the Yemeni leader has started to waver on his agreement last week to leave office in exchange for his immunity, and has refused to sign it. Yemeni protesters want Ali Abdullah Saleh to be tried for both corruption and the deaths of protesters, which currently number around 142. If Saleh doesn’t agree to step down, it could be a huge setback for negotiations (obviously).

30 Apr 2011 15:38

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Politics: Obama, GOP appear to agree: Big oil needs no tax subsidies

  • Obama Today, the president used his weekly radio address to suggest, in the wake of high gas prices and huge oil company profits, to remove the oil subsidies big oil companies enjoy. This might just be the time to pull it off.
  • GOP In this case … it appears that top GOP figures agree. John Boehner recently suggested removing corporate tax breaks for oil companies (which his staffers have tried to walk back), and Paul Ryan recently made a similar pitch. source

30 Apr 2011 11:47

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Politics: Birther drama: People who Donald Trump has pissed off lately

  • Letterman’s lashing out On a Thursday night episode of “The Late Show with David Letterman,” the host ripped into one of Trump’s friends, Dr. Phil, over Trump’s behavior in recent weeks. “It’s all fun, it’s all a circus, it’s all a rodeo, until it starts to smack of racism. And then it’s no longer fun,” he said. Letterman also noted that they may not bring Trump back on the show as a guest in the future over the birther stuff.
  • Seinfeld’s Charity drop-out The incident mirrors a recent decision by Jerry Seinfeld to not take part in a Trump-sponsored charity event. Rather than handle the real issue at hand, Trump went after Seinfeld’s admittedly terrible “The Marriage Ref.” “What I do feel badly about is that I agreed to do, and did, your failed show, ‘The Marriage Ref,'” he wrote, “even though I thought it was absolutely terrible.” Damn brah. source

30 Apr 2011 10:59

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World: Libya: Gaddafi wants a ceasefire … aww how cute. But no!

  • Gaddafi’s regime has lost all credibility. The people of Libya cannot possibly envisage or accept a future Libya in which Gaddafi’s regime plays any role.
  • Libyan Transitional National Council vice president Abdul Hafidh Ghoga • In a statement rejecting a conditional ceasefire and a spot at the negotiating table with that Gaddafi guy. While Gaddafi will not leave Libya, he seems ready to bargain: “We were the first to welcome a ceasefire and we were the first to accept a ceasefire … but the crusader NATO attack has not stopped,” Gaddafi said. Essentially, he really wants NATO to leave. source