In the wake of the Gaza war, Israel is preparing to defend itself and its soldiers against possible criminal charges in European courts that claim 'universal jurisdiction.'
AP - President Barack Obama on Wednesday imposed $500,000 caps on senior executive pay for the most distressed financial institutions receiving federal bailout money, saying Americans are upset with "executives being rewarded for failure."
AP - Republicans tried to push back against the ballooning size of President Barack Obama's economic recovery plan Wednesday, even as he warned that the financial crisis will turn into "a catastrophe" if the bill isn't passed quickly.
AP - The House overwhelmingly approved a bill extending health coverage to 4 million uninsured children, giving President Barack Obama a much-needed win on health care and taking a first step toward his promise of universal coverage.
An explosion that critically injured the chairman of the Arkansas Medical Board was caused by a bomb, police said. Dr. Trent Pierce was wounded when the car blew up in front of his West Memphis, Arkansas, home, authorities said. "It's a terrorist attack on Dr. Pierce, and we don't know why someone would do this," said Police Chief Robert Paudert.
Tom Daschle's decision to drop his bid to head the Department of Health and Human Services has observers buzzing about what the loss means to President Obama's health care agenda. Senate Majority Leader Harry Reid said finding a new nominee quickly is imperative. "You have 50 million people with no insurance, and we need to step forward on health care for the American people," Reid said.
Pledging to take "the air out of golden parachutes," President Obama announced today that executives of companies receiving federal bailout money will have their pay capped at $500,000. "For top executives to award themselves these kinds of compensation packages in the midst of this economic crisis isn't just bad taste -- it's a bad strategy -- and I will not tolerate it," Obama said.
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