| | April 27, 2012 | | FULL STORY Karyn Kay held her teenage son in her arms to help him ride out his seizure, and died as a result. The Daily Beast’s Michael Daly on why Henry Wachtel is a victim, not a murderer—and shouldn’t be behind bars. RECOVERY U.S. economic growth slowed in the first quarter on the heels of Ben Bernanke’s announcement Thursday. The latest GDP report revealed that The GDP expanded at a 2.2 percent annual rate, according to the Commerce Department, disappointing economists’ expectations for a 2.5 percent rate. Though the economy has been growing at a snail’s pace since the second half of 2009, the report sent mixed signals: businesses cut back on investments and unemployment rates are soaring, but a surge in consumer spending softened those blow. Stocks saw their best day in 2012 Thursday, and the Fed decided not to continue efforts to spur growth for now. No Chance Just because Mitt Romney supports keeping student loan rates low, doesn’t mean he and President Obama see eye to eye on how to do so. The President has been touting his plan for stopping a steep loan-rate increase, but he’s already threatened to veto the GOP proposal for the same thing. A memo from the Office of Management and Budget explains that the GOP plan “includes an attempt to repeal the Prevention and Public Health Fund, created to help prevent disease, detect it early, and manage conditions before they become severe. Women, in particular, will benefit from this Prevention Fund, which will provide for hundreds of thousands of screenings for breast and cervical cancer.” FINAL DESTINATION New York City residents and workers took a moment Friday morning to watch the space shuttle Enterprise make a dramatic flight along the Hudson River before arriving at John F. Kennedy airport. Perched atop a Boeing 747 jet, the retired Enterprise flew from Washington D.C. into the New York region, swooping in at a low altitude and passing city monuments like the Empire State Building, the Statue of Liberty, and the World Trade Center. The shuttle will remain at JFK for several weeks until it will be removed from the jet and carried on a barge to its final destination at New York’s Intrepid Sea, Air, and Space Museum. MORE TROUBLE First Colombia, then El Salvador, now Moscow? The U.S. government is investigating reports that the Secret Service Colombia-prostitute scandal was far from an “isolated incident” but rather one of many occasions when agents misbehaved. Following the allegation that agents paid for sexual favors at a strip club in El Salvador in March 2011, there are now reports that Secret Service personnel partied at strip clubs in Buenos Aires while traveling with former president Bill Clinton in 2009, and of a similar incident in Moscow in 2000. The latest allegations have triggered growing demands by members of Congress who feel it’s their duty to oversee the investigation. | |
GET The Cheat Sheet A speedy, smart summary of news and must-reads from across the Web. You'll love the featured original stories on politics, entertainment, and more from The Daily Beast's diverse group of contributors. GET The Yes List Weekly cultural recommendations from The Daily Beast.
| |
No comments:
Post a Comment