In stealth succession on Wednesday evening, both the House and Senate approved three so-called free trade agreements with South Korea, Panama, and Colombia. The Obama administration claims that the three pacts will boost exports by $13 billion and result in the creation of tens of thousands of American jobs.

Herman CainRepublican presidential candidate and former Godfather's Pizza CEO Herman Cain admitted to MSNBC's Chuck Todd October 12 that he had "missed" the housing bubble and 2008 financial collapse.

Tom Cross (left) the House Republican leader in the Illinois legislature, filed a bill Wednesday to probe a "charitable interpretation" of state law that granted at least eight Chicago labor officials eligibility for both city pensions and union pensions covering the same work periods. A Chicago Tribune/WGN-TV investigation discovered that some of these union officials await millions of dollars more in retirement due to double and even triple dipping on pensions.

The political climate surrounding the GOP presidential nomination has changed dramatically over the course of the last few months. Months ago, when Texas Governor Rick Perry entered the race, he virtually skated into the frontrunner position. However, in the weeks that followed, and after a few failed debates, Perry has quickly fallen, and former Godfather Pizza CEO Herman Cain has emerged as a new top tier candidate. In fact, according to a new poll, Cain is the man to beat at the moment.

The announcement on Wednesday that the City Council of Pennsylvania's capital city, Harrisburg, voted to file for bankruptcy was the latest in a long series of federal mandates, bad luck, and poor planning that has plagued the city since the early 1970s.

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