Day: December 18, 2008

Gary Gensler — a former Treasury official under President Clinton — will have to regulate financial instruments that made the subprime mortgage crisis worse.

A federal grand jury is investigating whether Gov. Bill Richardson’s administration gave lucrative contracts to a donor to his political action committees, a person familiar with the proceedings said.

A Bush administration official said a managed bankruptcy would be a last resort. The president is set to make a statement at 9 a.m. Eastern time.

E-mail messages that included racist jokes about President-elect Barack Obama were circulated on state government accounts.

Obama advisers and Congressional Democrats are aiming for a package by late January that could total just under $1 trillion.

The U.S. and Other States on the Road for Tolls

Here in Texas Gov. Rick Perry, Lt. Gov. David Dewhurst, and House Speaker Tom Craddick Texas will get more toll roads even if they have to kill Texas taxpayers/drivers financially to do it.

According to the governor and his “Lieutenants” in the Texas Department of Transportation (TxDOT) and legislature, they are trying to finance toll roads from a ‘new creative’ approach in taking tax dollars and retirement funds to ensure that their special interests make a fortune from toll roads.

An Interior Department proposal raised tensions between hikers and bikers, who face off on dirt byways all over the country.

The Congressional Budget Office said many plans championed by President-elect Barack Obama would generate only modest savings.

The Minnesota Supreme Court ruled Thursday that counties could count additional absentee ballots, which was a boost for Al Franken.

The Federal Bureau of Investigation paid $7.8 million in improper wages for agents temporarily posted in Iraq from 2003 through 2007.