Rick Santelli's Chicago Tea Party |
- ‘God’ particle finally found?
- Volatile silver cuts early gain toward 1980 record
- Ron Paul Launches Presidential Campaign
- Boehner won’t promise debt limit vote
- Barbour rules out 2012 presidential run
- Andrew Breitbart Talks to Heritage Foundation
- Tom Coburn & Chris Van Hollen:Fox News Sunday Deficit Debate
- Facebook Lobby Keeps Growing
- Sen. Coburn: Raising tax revenue may be necessary
- Rand and Ron Paul: The libertarian Kennedys
| Posted: 26 Apr 2011 02:00 AM PDT Published April 25, 2011 | FoxNews.com The news was simply too exciting to keep under wraps: A Swiss particle accelerator may have found a long-sought subatomic bit called the Higgs Boson — something never before seen, but thought to be the fundamental unit of matter. It’s called the “God Particle” because it is the one thing that lends mass to all other stuff. But is it too good to be true? Or merely blabbering physicists, battling it out for a spot in the public eye? The controversial rumor is based on a leaked internal note from physicists at the Large Hadron Collider (LHC), a 17-mile-long particle accelerator near Geneva that sits on the sharpest part of the cutting edge of science. The note details an unexpected “bump” in emissions that may be proof of the long-sought particle. If the find is true, it’s a game changer for science, explained Dmitri Denisov, a physicist with Fermilabs in Illinois. “I would compare it to the discovery of electricity,” he told FoxNews.com. |
| Volatile silver cuts early gain toward 1980 record Posted: 26 Apr 2011 02:00 AM PDT By Frank Tang NEW YORK | Mon Apr 25, 2011 4:58pm EDT (Reuters) – Silver surged as much as 8 percent on Monday before pulling back sharply when a failure to pierce the all time high from 1980 unleashed a wave of technical selling amid record volume in U.S. futures. After briefly dipping into negative territory midmorning as speculators sharply took profits near the $50 psychological level, silver later found its footing again. The metal traded largely flat, steadying at just below $47 after the CME Group raised the maintenance margins of silver futures by 9.2 percent. Gold prices also recoiled from early gains of nearly 1 percent after touching a seventh successive record high with volatility spiking to its highest since November. The whipsaw in silver prices amid otherwise thin trading market conditions was a stark reminder of the volatile nature of this year’s best-performing major commodity, which has gained about 150 percent since the U.S. Federal Reserve signaled new easing measures last August. Silver has risen for nine straight days, matching a record winning streak from 2008. “Silver has transformed itself from an inflation hedge to a speculation tool,” said Hakan Kaya, commodities portfolio manager at Neuberger Berman, which manages about $190 billion client assets. “At current prices, we find it highly overvalued with no fundamental reasons backing it up.” |
| Ron Paul Launches Presidential Campaign Posted: 26 Apr 2011 02:00 AM PDT
Rep. Ron Paul, R-Texas, whose outspoken libertarian views and folksy style made him a cult hero during two previous presidential campaigns, will announce on Tuesday that he’s going to try a third time. Sources close to Paul, who is in his 12th term in the House, said he will unveil an exploratory presidential committee, a key step in gearing up for a White House race. He will also unveil the campaign's leadership team in Iowa, where the first votes of the presidential election will be cast in caucuses next year. Paul, 75, ran as the Libertarian Party candidate in 1988, finishing with less than one half a percent of the vote. After more than a decade as a Republican congressman, Paul gave it another shot in the 2008 presidential election, gaining attention for being the only Republican candidate calling for the end to the war in Iraq and for his "money bomb" fundraising strategy, which brought in millions of dollars from online donors in single-day pushes. Paul took 10 percent of the vote in the Iowa caucuses and 8 percent in New Hampshire's primary. He finished second, with 14 percent of the vote, in the Nevada caucuses, and eventually finished fourth in the Republican nominating process with 5.6 percent of the total vote. Paul's campaign book, The Revolution: A Manifesto also reached No. 1 on The New York Times best-seller list in 2008. This would seem to be an ideal year for Paul: Since the last election, the Republican Party has moved much closer to his view on deficit reduction, which made him an early tea party favorite. All of the party’s top-tier presidential hopefuls are focusing on lowering debt, government spending, and tax rates, issues Paul has long advocated. |
| Boehner won’t promise debt limit vote Posted: 26 Apr 2011 02:00 AM PDT By JAKE SHERMAN | 4/25/11 6:33 PM EDT | POLITICO GREENVILLE, Ohio —Speaker John Boehner won't guarantee a vote on raising the debt limit, the latest threat in an increasingly high stakes game of chicken with the White House over whether Congress will inch closer to letting the nation default on its credit. Boehner, in an interview with POLITICO here Monday, also demanded that President Barack Obama give in to Republican demands to slash spending and dramatically change "the way we spend the peoples' money." "If the president doesn't get serious about the need to address our fiscal nightmare, yeah, there's a chance it [the debt limit vote] could not happen," Boehner told POLITICO after he toured a manufacturing company in this western Ohio town. "But that's not my goal." The vote to increase the borrowing ceiling beyond the current limit of $14 trillion has become one of the defining issues for a House Republican majority that ran campaigns that promised dramatic cuts in government spending. As the deadline draws closer to a debt ceiling vote, Republicans are starting to sound less compromising in their stance, even as Treasury officials warn of market calamity and economic "Armageddon" if Congress refuses a vote. Boehner laid out several goals for any potential deal on the debt limit: He is calling for controls on discretionary spending and altering the nation's entitlements like Medicare and Medicaid to be attached to the legislation to hike the debt ceiling. He was noncommittal about holding a vote on that bill before July 4 — very close to the deadline in which Treasury says the U.S. will have hit its borrowing limit. Boehner's comments are his strongest to date in the debate over the debt limit – a stark contrast to his tight-lipped demeanor when he was negotiating with Obama over the budget deal earlier this month that kept the government open while cutting $38 billion in spending. |
| Barbour rules out 2012 presidential run Posted: 25 Apr 2011 12:46 PM PDT Apr 25, 3:25 PM EDT JACKSON, Miss. (AP) — Mississippi Gov. Haley Barbour isn’t running for president in 2012. The Republican issued a statement Monday saying he “will not be a candidate for president next year.” Barbour says it was a difficult, personal decision. But he said that it would have been an all-consuming effort to the exclusion of all else. He says he cannot offer “absolute fire in the belly” and “total certainty” that a presidential candidate should have. Barbour says he will continue his job as Mississippi governor and help elect governors across the country. |
| Andrew Breitbart Talks to Heritage Foundation Posted: 25 Apr 2011 12:33 PM PDT |
| Tom Coburn & Chris Van Hollen:Fox News Sunday Deficit Debate Posted: 25 Apr 2011 12:09 PM PDT |
| Posted: 25 Apr 2011 12:05 PM PDT By TONY ROMM | 4/21/11 11:57 AM EDT | Politico.com Facebook ratcheted up its lobbying expenditures in the first three months of 2011, spending more than its tiny Washington office ever has to reach lawmakers and federal regulators on big tech issues. The social network shelled out around $230,000 in the first quarter of this year, according to its latest lobbying disclosure posted early Thursday. That’s a pittance compared with D.C. tech powerhouses such as Google and Microsoft, who spend millions over the course of a few months — but it marks a notable growth spurt for a Facebook’s fledgling D.C. team. “This increase represents a continuation of our efforts to explain how our service works as well as the important actions we take to protect people who use our service and promote the value of innovation to our economy,” spokesman Andrew Noyes told POLITICO. In the first quarter of 2010, Facebook spent a little more than $41,000 to reach congressional offices and agencies on issues such as online privacy and security. For the same period this year, it shelled out more than five times as much while simultaneously beefing up its own D.C. office. |
| Sen. Coburn: Raising tax revenue may be necessary Posted: 25 Apr 2011 11:49 AM PDT April 25, 2011 11:18 AM As many as 237 members of the House and 41 senators have signed a conservative pledge not to raise taxes, but one conservative senator suggested Sunday that it’s time to break that pledge. Changing the tax code to increase federal tax revenue “would be fine with me,” Republican Sen. Tom Coburn (Okla.) said on NBC’s “Meet the Press” on Sunday. Coburn is part of the “Gang of Six,” a bipartisan group of senators attempting to come up with a plan to address the nation’s deficit and debt problems. Along with Coburn, the group includes Senators Mark Warner (D-Va.), Kent Conrad (D-N.D.), Dick Durbin (D-Ill.), Saxby Chambliss (R-Ga.) and Mike Crapo (R-Idaho). While declining to give too many details of the plan-in-progress, Coburn said Sunday that the group is not talking about including tax rate increases. He said, however, there are other ways to raise revenue, such as taking away tax credits. |
| Rand and Ron Paul: The libertarian Kennedys Posted: 25 Apr 2011 11:45 AM PDT
Ron Paul, the Texas congressman, is thinking about another presidential run. His son, Rand, the newly elected Kentucky senator, has a book out and is himself traveling to early states and keeping open the possibility of a White House bid. And another Paul progeny, Texas doctor Robert Paul, has recently flirted with the idea of attempting to join his brother in the Senate. Call them the libertarian Kennedys. Four years after the family patriarch was mocked as a gadfly during his failed presidential bid—his second—the 75-year-old Paul is more recognizable than ever. And there are signs of a dynasty in the making, with his devoted following likely to be passed down to his children even if his White House hopes end with this election. Ron's discussion of a probable run and Rand's recent dalliance—and seemingly inevitable future bid—offer a vivid preview of the future: the Pauls, to the consternation of some in their Republican Party, are here to stay. With Rand's higher-profile platform, better-polished presentation and similar adherence to the small-government ideals that animate his father, it seems likely that a Paul will be participating in presidential debates, winning straw polls and helping to shape the party's debate for years, perhaps even decades, to come. |
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