It’s not confirmed if Nancy Pelosi will run for President. Dare we say “Let’s Hope Not!!”; she’s already third in line. The 2010 election campaigns are at their starting blocks so Nancy Pelosi is sure to be someones target.  She may not even manage to get reelected as House Speaker let alone run for President. What would [...]

President Obama recently announced plans to reform complicated and misleading credit card practices. It is going to be hard for critics to point out fault in Obama’s plans without appearing crooked or unsympathetic in the eyes of the public. Reading that fine print has become essential to anybody signing up for a credit card, but with so many unfamiliar financial abbreviations, percentages and numbers to sort through, understanding exactly what you’re signing up for can bring you to tears. [...]

Walking away from a meeting with Cuban President Raul Castro on Monday, the leader of a seven-member Congressional delegation, Rep. Barbara Lee (D-CA), is convinced that the Cuban President would be willing to reexamine the diplomatic relationship between the United States and Cuba. [...]

North Korea claims it is a peaceful, scientific endeavor, while the rest of the world, particularly the US, Japan and South Korea, doesn’t buy it. The United States has warned that the launch would trigger harsher sanctions against the communist country, although China would probably use its veto power in the United Nations Security Council to block any attempt to tighten restrictions. As the Japanese and United States deployed their anti-missile defense systems this week, the situation has become a royal mess.[...]

Some call it ‘cash for trash’, while Morgan Stanley believes it will do some good for the credit markets. Treasury Secretary Timothy Geithner revealed the Obama administration’s plan to help buy up to $1 trillion in bad bank debt. These toxic assets have been weighing heavily on the financial and banking institutions, limiting their ability to loan money and making credit hard to come by for many families. The plan was met with general approval from Wall Street investors, as the Dow Jones industrial average skyrocketed 497 points, making March 23, 2009 the fifth largest single-day point gain ever.

On Sunday, Venezuelan President Hugo Chavez shared his thoughts on new US President Barack Obama’s policies and comments about the South American country’s government. It wasn’t pretty, although it fit appropriately with Chavez’s stance toward the US. The remarks are reminiscent of comments made in a January interview that compared President Obama to his predecessor.