Politicians, not corporate titans, are poised to be the big draw at this year?s World Economic Forum gathering, as power shifts away from the free market.
AP - President Barack Obama's ban on earmarks in the $825 billion economic stimulus bill doesn't mean interest groups, lobbyists and lawmakers won't be able to funnel money to pet projects.
AP - The White House warned Sunday that the country could face a long and painful financial recovery, even with major government intervention to stimulate the economy and save financial institutions.
AP - President Barack Obama's pledge of bipartisan cooperation with Congress will be tested as he tries to fulfill a campaign promise to close Guantanamo Bay and establish a new system for prosecuting suspected terrorists.
City officials announced a state of emergency after the fourteenth suspicious fire in a month's time hit a small community near Philadelphia before dawn today. The seven-alarm fire in Coatesville caused nearly $2 million in damage, according to a city spokeswoman. "It's really scary. ... I mean we're all afraid to even be in our houses right now," said one resident.
President Barack Obama, who arguably won a large chunk of political capital in the 2008 election, is now looking to cash in as he urges Congress to pass a massive economic stimulus package.
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