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BAGHDAD (Reuters) - A senior Iraqi official on Thursday explicitly backed U.S. President-elect Barack Obama's plans to withdraw combat troops from the country by mid-2010, Baghdad's clearest endorsement yet of Obama's exit strategy.
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Charles Gibson interviews Barack Obama the day after the second debate.
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WASHINGTON -- Esquire is backing Democrat Barack Obama for president _ its first endorsement in the magazine's 75-year history.
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Political experts wonder whether his time would be better spent in closer battleground states.
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DAYTON, Ohio (AP) -- Democrat Barack Obama told a campaign audience Thursday that Republican John McCain's mortgage buyout plan would cost taxpayers billions of dollars and reward bad behavior by lenders....
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The Democrat derided his Republican opponent's mortgage buyout plan on Thursday as a misdirected effort that rewards bad behavior by lenders and takes billions of dollars from taxpayers.
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The Senator releases a statement after Thursday’s devastating Wall Street decline: “…It is critical that the Treasury Department move as quickly possible to implement the rescue plan that passed Congress so that we can ease this credit crisis.” Adds: “Now is not the time for fear or panic….” Read the full statement here.
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Democrat Barack Obama told a campaign audience Thursday that Republican John McCain's mortgage buyout plan would cost taxpayers billions of dollars and reward bad behavior by lenders.
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CHILLICOTHE, Ohio (Reuters) - Democratic presidential candidate Barack Obama on Friday proposed a new loan program for small businesses, saying it would help stem job losses amid the deepening financial crisis.
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THE country's second largest trade union is aiming to scupper the national pay agreement as it begins balloting its members for a "No" vote.
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PHILADELPHIA (Reuters) - U.S. presidential candidate Barack Obama on Friday welcomed a plan by Treasury Secretary Henry Paulson to buy equity in financial institutions if necessary to halt market turmoil.
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Seven-time world champion Stephen Hendry believes the formation of a snooker players' union is long overdue.
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On the weekend before the commencement of public hearings on a legislative proposal to extend term limits, City Council Speaker Christine Quinn held a brief press conference to announce what everyone around City Hall already suspected—that she favors Mayor Bloomberg’s plan to allow elected officials to serve three terms in office, up from the two currently allowed. Quinn painted her decision as a demonstration of leadership in a divided City Council, and also as a bold stand during a financial crisis which, ultimately, will give voters more choices in next year’s election. “As we move forward in these very difficult times, continuity in leadership will allow our city to continue to work,” Quinn said this afternoon at a press conference in City Hall’s Red Room. read more »
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Legendary investor sees "quite serious recession" on the way.
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TOLEDO, Ohio (Reuters) - Democratic presidential candidate Barack Obama will give a "major" speech outlining his economic rescue plan at 1:30 p.m. EDT on Monday, his campaign said.
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Democratic candidate Barack Obama unveiled the specifics of a $60 billion package to stimulate the US economy and shield Americans from the most severe effects of the looming recession.
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The GOP candidate tries to rejuvenate his flagging campaign, while the Democrat opts for more specifics
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I've been reading the speech Barack Obama made on the economy this afternoon, plus his new Rescue Plan for the Middle Class. The speech ends with an eloquent farewell to the age of easy money: We’ve lived through an era of easy money, in which we were allowed and even encouraged to spend without limits; to borrow instead of save. Now, I know that in an age of declining wages and skyrocketing costs, for many folks this was not a choice but a necessity. People have been forced to turn to credit cards and home equity loans to keep up, just like our government has borrowed from China and other creditors to help pay its bills. But we now know how dangerous that can be. Once we get past the present emergency, which requires immediate new investments, we have to break that cycle of debt. Our long-term future requires that we do what’s necessary to scale down our deficits, grow wages and encourage personal savings again. Well said. If President Bush had said something like that in September 2001, instead of tell ...
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Former North Carolina Tar Heels coach Dean Smith, a beloved figure in the state, has endorsed Barack Obama. "There is a point in every contest when sitting on the sidelines is not an option," Smith writes in a message posted on the Obama web site. "That is why Linnea and I are writing to urge you to join Barack Obama"s campaign for President." Smith is known for liberal politics - he pushed for a program to provide medical insurance to children of low-income families, according to this story - but as Jason Zengerle notes, one of the three blurbs on the back of Smith's autobiogrpahy comes from none other than John McCain. "Dean Smith is not merely a basketball coach of historic accomplishments," McCain wrote. "He is also a man of uncommon integrity and decency." In his endorsement of Obama, Smith wrote that he and his wife "respect all that Senator McCain has done for our country." He adds: "However, we feel strongly that it is Barack Obama who offers the real leadership our nation needs to tap its potenti ...
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Barack Obama called for temporary but costly new programs to aid employers, automakers, homeowners, the unemployed, and state and local governments.
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Jake Tapper reports on Barack Obama's rescue plan for the middle class.
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Sen. Obama unveils expanded economic plan to help the middle class.
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TOLEDO, Oct. 13 -- Democrat Barack Obama advocated an immediate and expensive economic assistance package Monday, while Republican John McCain readied a set of specific new proposals of his own, as the candidates entered a three-week sprint toward a presidential election that appears certain to turn...
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Finance Minister Jim Flaherty says he strongly supports the G7 action plan to stabilize the world's markets and restore credit flow to stamp out the spreading financial crisis.
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It's one of the few things on which he and John McCain can agree.
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OREGON, Ohio (AP) -- Democratic presidential candidate Barack Obama endorsed the federal government's plan to invest $250 billion in the nation's banks, saying it will strengthen the financial system and give taxpayers some extra protection....
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McCain criticizes Obama for raising taxes of people like 'Joe the Plumber.'
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Internet legend says he's casting his vote because of Obama's position on Net neutrality.
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“Joe the Plumber” isn’t technically a plumber, and he probably wouldn’t be adversely affected by Barack Obama’s tax plan. But that doesn’t mean the issues he raises aren’t important.
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“Joe the Plumber” isn’t technically a plumber, and he probably wouldn’t be adversely affected by Barack Obama’s tax plan. But that doesn’t mean the issues he raises aren’t important.
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Returning home from a European Union summit on Thursday, leaders were united on measures to fix the global financial crisis and common immigration laws but divided over an ambitious climate plan and repairing ties with Russia.
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European Union leaders adopted sweeping new immigration guidelines seeking more effective border controls and favouring skilled workers over refugees, angering human rights groups.
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Obama: "Senator McCain would pay for part of his plan by making drastic cuts in Medicare -$882 billion worth." Roanoke, VA., October, 17
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On his talk show on WPHT today, conservative Philadelphian Michael Smerconish endorsed Sen. Barack Obama, D-Ill. Listen HERE. Smerconish did so by reading a couple paragraphs from his pending op-ed in the Philadelphia Inquirer. "I’ve decided," he said. "My conclusion...
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Sen. John McCain stepped up his rhetoric against his Democratic rival on taxes in his weekly radio address Saturday, comparing his plan to "socialist" programs.
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George W Bush's former secretary of state Colin Powell endorses Barack Obama for US president, in a sharp rebuke to Republicans.
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Colin Powell, the former Republican US secretary of state, endorsed Barack Obama, the Democratic presidential candidate, in the latest sign of fracturing unity in the Republican party ahead of next month's election