One of the terms of the recent debt ceiling deal between Congress and the White House was that Congress would vote on, but not necessarily pass, a Balanced Budget Amendment to the Constitution. The deal did not, however, specify the language in the amendment, giving legislators plenty of opportunities to sneak in loopholes that might very well render any amendment that does pass meaningless.
Not surprisingly, reports that the Federal Emergency Management Agency (FEMA) is running out of money have surfaced. The fund�s capacity has been maximized by the most recent natural disaster, Hurricane Irene (path shown at left), which is estimated to cost billions of dollars.
President Obama has nominated Princeton University�s Alan Krueger (left) for Chairman of the White House Council of Economic Advisers (CEA), and if approved by the Senate, Krueger, a labor economist and the Treasury Department�s former chief economist, will replace Austan Goolsbee. "I am very pleased to appoint Alan and I look forward to working with him," Obama stated, shifting his eyes between two flat-screen teleprompters during a statement on Monday. "I have nothing but confidence in Alan as he takes on this important role as one of the leaders of my economic team."
New York City Mayor Michael Bloomberg (pictured at left) has decided there will be no clergy presence at the upcoming ceremony observing the tenth anniversary of the September 11, 2001 terrorist attacks at the World Trade Center. “City Hall officials, who are coordinating the ceremony, confirmed that spiritual leaders will not participate this year — just as has been the case during past events marking the anniversary,” reported the Wall Street Journal. “The mayor has said he wants the upcoming event to strike a similar tone as previous ceremonies.”
As Rick Perry preaches his down home, “Don’t mess with Texas” version of the neo-con gospel (see his latest comment regarding “taking the fight to the enemy”), he is coming under increased scrutiny not just of his record (and there is plenty there to scrutinize), but of his gravitas.