The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

LIVE AT FIVE: 07.10.12

Posted on | July 10, 2012 | 4 Comments

— compiled by Wombat-socho


TOP NEWS
Obama Stumps In Iowa For Limited Tax Cuts

President Obama

Romney pushes back, wants all cuts extended

Generals Warn Egyptian President Over Parliament
Morsi calls for court-dissolved legislature to reconvene today


Romney, Republicans Outraise Obama, Democrats In June
Two months in a row now as GOP moneymen rally to the candidate



POLITICS
Rick Perry Becomes Sixth Governor To Reject Obamacare

Rick Perry makes a stand

Texas governor rejects Medicare expansion, state insurance exchanges, other works of the devil PPACA
Related: Arizona’s Gov. Brewer undecided


Senate Democrats Push Tax Credits For Business

Episcopalians Set To Be First Major Denomination To Approve Gay Marriage

Redistricting Makes Veteran Democratic Congressmen Vulnerable To Challenges

Rep. Shelley Berkley (D-NV) To Face House Ethics Probe

DIRNSA Calls For Passage Of Cyberdefense Law, Promises Not To Read Your E-Mail



THE ECONOMY, STUPID
Oil Down Slightly As Norway Strike Averted, PRC Imports Down; NYMEX $84.62, Brent $98.56
LIBOR Scandal Turns Spotlight On Regulators
EU Finance Ministers Agree To Speed Spanish Bank Bailout
Wall Street Slumps On Danger Signs From Europe
US 10-Year T-Notes Edge Up But Supply Caps Gains
Campbell To Buy Bolthouse For $1.55 Billion To Add Juice To Soup
Top Fed Officials Argue Case For QE3
DNS Changer Malware Threat Passes With No Significant Outages
More Confident Microsoft Serves Up Full Slate Of Plans
Google May Face Record $22.5 Million Fine To Settle FTC Privacy Charges
UK Judge Rules Samsung Tablets Not As Cool As iPad, Rejects Apple’s Suit Seeking Sales Ban
Cellphone Surveillance Requests Surged To 1.3 Million Last Year
Steam’s Greenlight Lets Gamers Pick The Next Big Release




SPORTS
Cano Shut Out By Pops, Draws Jeers From Fans

Kansas City fans jeer Yankees' Cano

Yankees slugger comes up empty at Home Run Derby, takes heat from fans over failure to pick hometown hero Butler

Bryce Harper Among Record Five Rookie All-Stars

All-Star Game Another Stop On Dickey’s Incredible Journey

Marcus Camby Returns To Knicks

Judge Swiftly Dismisses Lance Armstrong’s USADA Suit

Drug Test Parks Allmendinger For NH Race

Robinson Leaves Devils For Sharks

Strasburg, Gonzalez. Night, Day.



FAMOUS FOR BEING FAMOUS
Cruise, Holmes Reach Divorce Settlement

The divorcing couple in happier days

Details not yet public; sources say Holmes keeps cutody of daughter Suri while Cruise has extensive visitation rights
Tom Cruise “Very Pleased” With Settlement, Lawyer Says

Miley Cyrus, Katy Perry, Nicki Minaj, Fergie, Will.i.am Being Considered As Judges For “American Idol”

$carJo Makes ‘Em Pay: Actress To Get $20 Million For “Avengers” Sequel

Mick Jagger’s Affair With David Bowie Revealed In New Book

Barry Watson From “7th Heaven” To Join “Gossip Girl” Final Season

Sam Ronson: Paris Hilton A Disgrace To DJs

Fassbender Game For “Assassin’s Creed”



FOREIGNERS
Annan Asks For Iran’s Help On Syria Peace Plan
Ex-PM Olmert Found Guilty Of Corruption, Innocent On Other Charges
Russia To Halt Arms Shipments To Syria
Neither Liberal Nor Islamist: Who Are Libya’s Election Frontrunners?
ASEAN Seeks PRC Agreement On South China Sea Code
Egyptian Couple Caught Trying To Smuggle Baby In Hand Luggage



BLOGS & STUFF
Weasel Zippers: White House Promises Veto Of Any Bill Failing To Raise Taxes On Those Earning Over $250K
Scared Monkeys: Former Florida Governor Jeb Bush Not Being Vetted For VP…Thank God
Moe Lane: Tom Junod’s Cowardly Attack On Obama’s Cowardly Drone Strikes
Ed Driscoll: The Evil Of Banality
Hugh Hewitt: The U-Turn Election
Weekly Standard Blog: Lobbyists Hold “White Trash Reception” On Capitol Hill
Rep. Allen West: No, I Am Not Equating Social Security To Slavery
Legal Insurrection: Conservatives On SCOTUS Feel Betrayed? Welcome To The Club
Gateway Pundit: Former Obama Donor Holds High-Dollar Fundraiser With Other Former Obama Donors
Allahpundit: Romney Ready To Hit Back Against Bain Attacks By Calling Out Obama As A Liar
Lonely Conservative: Survey Shows 83% Of Doctors Considering Quitting Over Medicare
Riehl World View: Dems Losing Their “Trumka” Card?
NRO Corner: Good Bye And Good Luck
Hit & Run: Unindividualistic Americans Already Live In A “European-Style Social Democracy”
The Conservatory: I Was A Right-Wing Child Star

Category: Live at Five

Comments

4 Responses to “LIVE AT FIVE: 07.10.12”

  1. Adjoran
    July 10th, 2012 @ 7:45 am

    Obama is now advocating less of a tax cut than he could not convince the Democratic Senate to pass two years ago.  And that he only wants a one-year extension should tell everyone what happens to their taxes if Fustercluck Boy gets reelected.

    Raw material inventories in China are starting to mount up, so we can’t count on Asia leading a worldwide recovery.  Europe is still trying to figure out if they can write themselves and check and hold it, and here we have Obama snuffing out any hope of resurgence like he was tossing babies into a blender.

    Things aren’t looking so hot – so naturally, market futures are up.

  2. Adobe_Walls
    July 10th, 2012 @ 11:28 am

    The “LIBOR scandal” will never become the major scandal it should. It is or should be a much bigger deal than most people realize.

  3. Wombat_socho
    July 10th, 2012 @ 12:27 pm

     A friend of mine in the venture capital biz agrees with you.

  4. Wombat_socho
    July 10th, 2012 @ 12:30 pm

     The spin on this is wondrous to behold, is it not? There’s no “tax cut” involved – the proposal is to continue the “Bush tax cuts” for everyone earning below $250K, and let them go back to the pre-2001 rates for those over $250K. Once people catch on to this, most of the middle class is going to turn its back on Obama.