Category Archives: #breaking news
Donald Trump’s rally in the Phoenix suburbs on Saturday was briefly delayed as dozens of protesters carrying signs that denounced racism blocked an Arizona highway leading to the rally site.
The route was first blocked by a pair of pickup trucks decorated with banners reading “Comb Over Racism: Dump Trump” and “Shut Down Trump.” Dozens of protesters then filled in the roadway, carrying signs reading “Love Trumps Hate” and “Stand Against Racism.” One homemade sign said, “Combat White Supremacy.”
As the trucks were towed away, protesters formed a human wall. Traffic finally resumed after officers began arresting
Later Saturday afternoon, scores of protesters temporarily blocked the entrance to the Tucson Convention Center, chanting “Shut it down!” and preventing supporters from entering a Trump rally there.
And in New York City, protesters from a wide range of left-leaning organizations organized a roaming protest Saturday targeting two of Trump’s most prominent properties in midtown Manhattan. There were reports that the police used tear gas to prevent a group of protesters from moving past barriers near Trump Tower on Fifth Avenue. Read More
The opening itself represented a victory for Obama’s signature domestic policy achievement after years of attack from Republican foes and delays in building the technology infrastructure to support sites in 50 U.S. states. It defied a partial federal government shutdown precipitated by Republican efforts to delay the law’s implementation.
“As long as I’m president I won’t give in to reckless demands by some in the Republican Party to deny affordable health insurance to millions of hard-working Americans,” Obama said in the White House Rose Garden after his meeting with people who stand to benefit from the healthcare overhaul.
The Patient Protection and Affordable Care Act, commonly known as Obamacare, will provide subsidized health insurance based on income through the state exchanges and expand Medicaid coverage for the poor from January 1, representing the most ambitious U.S. social program since Medicare plans for the elderly launched in the 1960s.
Reuters checks in at least 47 states throughout the day turned up frequent error messages or traffic overload notices, particularly for 36 sites run by the federal government. One frequently observed glitch involved a page asking the user to answer security questions that either went blank or would not accept new data. Kansas officials urged residents to wait a few weeks for the “bugs” to be worked out before enrolling. Read More
On a Monday morning five years ago this week, thousands of employees at mortgage giants Fannie Mae and Freddie Mac went to work to find a new boss: The federal government.
Crushed under the weight of thousands of defaulted mortgages and bleeding cash, Fannie Mae and Freddie Mac were put into government conservatorship.
Now, a short five years later, the two are making billions of dollars in profit—profit that goes straight to the U.S. Treasury. Against this backdrop, lawmakers are setting the stage for an epic debate on the future of U.S. housing finance, a future that will likely mean the end of Fannie Mae and Freddie Mac.
“Everyone gets so caught up in their profitability, but everyone forgets that profitability is tied to their direct government support,” said Jaret Seiberg of Guggenheim Partners.
That’s why the debate over government involvement in the mortgage market is so fierce. Lawmakers are eager to protect taxpayers, but they also need to keep home finance afloat. How do you “wind down” two entities that now back two thirds of the U.S. mortgage market? And how do members of Congress reconcile that goal with the fact that the two are now huge cash cows? In order to look forward, it is essential to understand how we got here. Read More
An illustration of a human settlement on Mars.
Daniac and more than 100,000 other eager applicants have signed up for theMars One project, a plan to send humans to Mars—on a one-way trip—starting in 2022. (Related: “Ancient Mars Was Snowy, New Model Suggests.”)
The Mars One team plans to pick 40 astronauts from the more than 100,000 applications received from people worldwide. The crew will spend eight years undergoing specialized training in an isolated location to learn skills like dental work and electrical maintenance. In 2022, four of them will be launched into space on a one-way trip to Mars—with more astronauts slated for future missions. (See: “Mars Gets Its Close-Up.”)
To help the team winnow down the applicant field, we watched dozens of videos from the Mars One website, deciding who had the skills and the fortitude to take a giant leap into space. Below are several of our favorites: See Them
The US Air Force unit that oversees a remote Cold War-era nuclear missile installation has failed a safety test, the Air Force has said.
The 341st Missile Wing at Malmstrom Air Force Base in Montana made “tactical-level errors” in an exercise, it said.
The exercise concluded on Tuesday was meant to test the unit’s ability to operate safely, the Air Force said.
But a senior Air Force commander said the failure did not indicate the US nuclear arsenal was at risk.
“These inspections are designed to be tough to pass,” Lt Gen James Kowalski said in a statement. “A failure doesn’t mean the wing isn’t able to accomplish its mission.”
On Tuesday, the Air Force revealed the 341st Missile Wing was rated “unsatisfactory” after making errors during exercises conducted during an inspection 5-13 August. As a result of the failure, the entire inspection was graded “unsatisfactory”.
The Air Force did not reveal details on the exercise in question.
But Gen Kowalski told the Associated Press the airmen “fumbled” on a “small team exercise” that did not involve the crews who monitor the missiles from underground launch control capsules. Read More