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24 Jul 2011 21:49

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Politics: Box office: Sarah Palin documentary not showing long-term staying power

  • 63% the 2nd week box-office dip for “The Undefeated” source
  • » Not showing staying power: While the Sarah Palin documentary didn’t suffer the steepest dip this weekend (that honor goes to the final “Harry Potter” film, which didn’t even score two consecutive weeks at the top of the box office), it didn’t show the growth that many slow-rollout films often do. For a small release like “The Undefeated,” though (which actually expanded its theater count slightly, but has only made roughly $100,000 during its two-week run), that’s not very good for its long-term prospects — nor was its $1,714 per-screen count. You know what would be? If Sarah Palin announces a presidential run. (h/t ohheybill)

24 Jul 2011 10:59

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Politics: Troubled congressman David Wu now faces new world of trouble

Wu reportedly had what was described as an “unwanted sexual encounter” with an unnamed woman right around the period this super-weird photo of him was taken. Uh-oh. source

24 Jul 2011 10:42

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Politics: The long and short of it: Debt ceiling talks get complicated, stay complicated

  • long The Democrats are pushing for a longer-term debt ceiling increase in a deal that includes some revenue increases. House Speaker John Boehner has suggested that he favors a long-term plan that goes through 2012, but is having trouble selling it to his own party.
  • short Republicans, on the other hand, have suggested increasing the debt ceiling for a period less than a year in length, in part for political leverage so they can push for later long-term spending cuts during an election year. Obama suggests this is akin to playing with fire. source
  • » So, who’s the loser in all of this? The consumer and taxpayer. The uncertainty on this issue has affected the markets in some ways already (see the price of gold for example), and could endanger your ability to get a loan at a reasonable rate if the talks fail to straighten course. You may see some possible instability this week, as a deal perilously hangs in the balance.