Clinton’s nomination constitutional?

"Article 1, Section 6 of the Constitution says the following: “No Senator or Representative shall, during the time for which he was elected, be appointed to any civil office under the authority of the United States, which shall have been created, or the emoluments...

Value of Wall Street C.E.O

What's the value of a Wall Street C.E.O now in this economy crisis. Could they get away with tax payers money to compensate them to stay in their top position or would they perhaps bail out too? The pay is not...

Merrill, BofA Shareholders Approve the Combination

The Shareholders of both Merrill Lynch & Co. and Bank of America have approved the sale of Merrill to Bank of America, this friday Dec, 5. This will in turn create the U.S. largest financial-services firm....

Legal Group says Clinton can't be Secretary of State

Here is an Opinion by Legal Newsline.  Politisite is a Conservative but sees the Nomination of Senator Clinton as a Positive Move my the Obama Campaign.  There was an issue during the Nixion...

Cost of terror: Indian subcontinent may lose 2011 World Cup

Bring back the old name of Mumbai( BOM-BAY), the latest bombing and killing incident in mumbai is showing its impact in sports particularly cricket.Allmost all the upcomong series have been cancelled and talks are on to shift the venue of next world cup to some where...

Wall Street executives should not get bonuses, says Obama

With anouncment of  his economic team President Elect Barack Obama has indicated his priorities of reviving US Economy. Obama has also said  that top bank executive of struggling Wall street...

The foreclosure freeze tide

"WASHINGTON (Legal Newsline)--As Capitol Hill remains under siege from all sides of America's faltering economy, pressure to stem the tide of foreclosures continued to make inroads as Fannie Mae and Freddie Mac became the latest to join the foreclosure freeze movement.The...

Bank of America is Not Backing Out

"Bank of America Corp. Chief Executive Officer Kenneth Lewis said the bank's takeover of Merrill Lynch & Co. will be completed by the end of the year. "Lewis reaffirms Bank of America is buying Merrill...

U.S. financial giant Citigroup to cut another 53,000 jobs

U.S. financial giant Citigroup to cut another 53,000 jobs    0 ...

Obama Executive Order Will fund Embryonic Stem Cell Research

Conservatives had concerns about Obama's views on Abortion and Embryonic Stem Cell Research but thought that any change would have to be approved by Congress.  Not the case as President Elect Obama has...

Obama 'to reverse Bush decisions'

Bush rushing to issue midnight exec orders Mr Obama's team is scrutinising Mr Bush's executive orders US President-elect Barack Obama will seek to...

UK energy prices rise twice of EU average

The astonishing rise of gas and electricity prices in Britain have been a worrying trend to many British consumers. Those consumers may be distressed today to learn that gas prices in the UK have risen at twice the EU average. This may frustrate them considering that the UK...

McCain Sharply Criticizes Bush's Policies as 'Abuse of Power'

"In his most forceful effort yet to distance himself from President Bush, John McCain slammed the current administration's policies and chastised Bush for increasing the debt burden for future generations, failing to fund expanding Medicare and abusing executive powers. In...

FBI's Top Ten News Stories for the Week Ending October 17, 2008

" 1. FBI Coordinates Global Effort to Nab “Dark Market” Cyber Criminals A two year undercover...

Barclays, RBS in Talks on U.K. Government Funding

RBS and Barclays banks in the UK are thought to be the next to be in trouble, with shares in both banks plummeting today. It is thought that the UK government is going to take partial ownership in both banks."The U.K. government may invest at least 45 billion pounds ($79...

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