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30 Jun 2011 19:00

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Politics: Timothy Geithner: Don’t believe the hype, I’m not leavin’ guys!

  • I live for this work. It’s the only thing I’ve ever done. I believe in it. I’m going to be doing it for the forseeable future.
  • Treasury Secretary Timothy Geithner • Denying the speculation about his possible departure from his post. By the way, has anyone figured out a way to see into next week? We’re not sure if we believe him. That said, he did claim that personal issues were weighing on his mind right now: “I have a family, and my son’s going back to New York to finish high school,” he said. “I’m going to be commuting for a while.” Hope he learns to love Amtrak. source
Posted by Ernie Smith • 0 Comments • Permalink

30 Jun 2011 18:05

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Politics: Report: Geithner may resign following debt limit deal

  • Timothy Geithner’s last rodeo? It’s reported that Treasury Secretary Timothy Geithner may walk away from his post once a deal is reached to raise the U.S. debt limit. Geithner has served in that position since 2009. (Photo by Moritz Hager, courtesy World Economics Forum) source
Posted by Chris Tognotti • 0 Comments • Permalink

30 Jun 2011 17:27

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World: Nicolas Sarkozy grabbed during public appearance

  • The dangers of the rope-line: French President Nicolas Sarkozy was grabbed and pulled by a man while walking past a rope-line at a public event today. What we find most interesting about this: “Sarkozy says he will take no action against the man.” Now, we’d be shocked if this guy isn’t in a world of legal trouble right now, but for Sarkozy to openly state he’ll take no action against him sort of surprised us. If this happened to President Obama, we bet there would be a lot more emphasis and on this, both from the administration and the media. source
Posted by Chris Tognotti • 0 Comments • Permalink

30 Jun 2011 16:36

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Culture: NBA headed for a lockout as collective bargaining talks fall apart

  • NBA headed for lockout: As talks between league officials and the player’s union on a new collective bargaining agreement have fallen apart, it’s clear that the NBA will suffer a work stoppage. It’s been thirteen years since this last happened, when the 1998-1999 season was cut 32 games short. The impasse is mainly about salary versus revenue; the NBA claims 22 of its 30 franchises are losing money, and they want lower player salaries (likely a lower cap) to compensate — obviously, the players feel otherwise. Said union head Billy Hunter: “I’ve been waiting for a lockout for two, three years. Now it’s here. Our guys are anxious to get a deal.” source
Posted by Chris Tognotti • 0 Comments • Permalink

30 Jun 2011 16:01

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U.S.: David Petraeus unanimously confirmed as new CIA chief

  • 94-0 Senate vote confirming Petraeus as CIA director source
  • » The big shuffle continues: With Robert Gates’ retirement, and Leon Panetta imminently poised to become the new Secretary of Defense, the Senate has voted to confirm General David Petaeus to take Panetta’s old job. Petraeus had been serving as the Commander of U.S. forces in Afghanistan, but will be departing to become the number one man of the government agency we all think of when we think about high-level secrecy. Of note in this confirmation — ninety-four to nothing! Even in a thoroughly divided Washington, it’s clear Petraeus is still one of the most politically popular people to stand in support of, no matter the political party.
Posted by Chris Tognotti • 0 Comments • Permalink

30 Jun 2011 15:24

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U.S.: Robert Gates awarded Presidential Medal of Freedom

  • Last day on the job: The path Robert Gates took as a defense secretary for successive administrations (under the control of different parties) is very unique, and as such you can understand President Obama wanting to give him this sort of an honored send-off. You can be sure that Gates feels the love. source
Posted by Chris Tognotti • 0 Comments • Permalink

30 Jun 2011 14:05

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U.S.: FDA decides against controversial breast cancer drug

  • 6-0 vote to take the breast cancer indication off Avastin source
  • » Even though lots of people liked the drug, the FDA has decided that it shouldn’t be used to treat breast cancer. However, European regulators allowed its use (as long as it was with another drug) at essentially the same time — which begs the question, why would the FDA be taking a drug off the market that so many people felt so passionate about?
Posted by Justin Jones • 0 Comments • Permalink
 

30 Jun 2011 13:41

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Culture: So, Stephen Colbert has his own PAC.

  • Making a better tomorrow, tomorrow.
  • The slogan for Stephen Colbert’s PAC • Yeah, you read that right. Stephen Colbert now heads a PAC, and he can raise money and run ads for candidates at his choosing, so long as he has the money. The main battle Colbert has been fighting, though, is when he has to disclose what he’s paying for the ads. As long as they air during his show, he won’t have to say how much he’s paying because of a media exemption. In trying to get an exemption, Colbert was able to expose some loopholes in the law, causing for a pretty narrow ruling on it…which is a good thing, as it leads to more disclosure from big companies contributing to political campaigns. source
Posted by Justin Jones • 0 Comments • Permalink

30 Jun 2011 13:26

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Tech: If you’re looking to join Google+, you’re out of luck for now

  • before People who were on Google’s new social networking site had the ability to invite their friends to join in. That’s good because it allows Google to test their new service on a smaller amount of people, but make sure that they still have friends to talk to.
  • now It should have worked, at least. Google had to shut down the invite feature because too many people were joining. That’s how popular Google+ is. If you’re looking to join, you’re going to have to wait for a little bit — they haven’t announced when invites will be back. source
Posted by Justin Jones • 0 Comments • Permalink

30 Jun 2011 13:18

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Tech, U.S.: Obama’s high-tech version of Fireside Chats — via Twitter

Obama is really embracing this whole Twitter thing. On July 6, he’s going to be on Twitter talking about the economy, hashtags and all. Be sure to tune in to talk to our prez … virtually. source
Posted by Justin Jones • 0 Comments • Permalink
 
 
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