Illinois House Considers Blagojevich Impeachment
SPRINGFIELD, Ill. (AP) — Illinois lawmakers were unanimous on how they should handle disgraced Gov. Rod Blagojevich — potential impeachment. And the embattled Democrat signaled he isn’t going down without a fight. Lawmakers Monday quickly shelved the idea of setting a special election where voters would fill the vacant Senate seat of President-elect
More Articles
Obama Announces Daschel For Health and Human Services
Tom Daschle will be a “leading architect” of efforts to revamp the U.S. health-care system, President-elect
Musical Performers Set for Obama Inaugural
Online rumors are circulating that Leona Lewis has been asked to sing for US President-elect Barack Obama at his inauguration ceremony in Washington DC on January 20. The British singer is set to join Jay-Z and Beyonce who will reportedly also be performing. Millions are expected to converge in DC
Citibank’s Bailout
The second largest bank in the United States is receiving another significant bailout. The federal government announced late Sunday night it has agreed to invest $20 billion more and accept 90% of the losses on more than $300 billion worth of troubled mortgage-backed assets. The company will cover
Fed Cuts Interest Rate
The Fed announced its cutting its interest rates down to a single point from one and a half percent. The new rate will be the lowest since 2004. It’s primary objectives are to increase the sinking consumer confidence levels and help battle high unemployment levels.
Ted Stevens: Guilty On All Counts
After three weeks of trial and only a week before the Alaska Senator is up for re-election Ted Stevens was found guilty on all counts of violating state ethics laws. While it is unlikely the Senate will pass a two thirds initiative