U.S. Takes $9.7 Bil Hit in GM Bailout

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TweetYumPresident Obama loves taking credit for saving the American auto industry and this week a federal audit reveals that the rescue effort has fleeced U.S. taxpayers out of an astounding $ 9.7 billion. While this may seem inconceivable to most, the numbers don’t lie. The United States Treasury has recorded a $ 9.7 billion loss […]

Pentagon requests $49 million to build new prison at Guantanamo for ‘special’ detainees

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TweetYumShareThis Pentagon requests $ 49 million to build new prison at Guantánamo for ‘special’ detainees 21 Mar 2013 The United States Southern Command has requested $ 49 million to build a new prison building at Guantánamo Bay, Cuba, for “special” detainees prisoners on top of other renovations it says are necessary since Congress has decided […]

Obama defends energy policies amid gas price pain

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TweetYum By Alister Bull, Reuters.com President Barack Obama launched the most comprehensive defense to date of his energy policies on Monday, pushing back against election-year attacks from Republicans who say they are to blame for high gas prices that are eroding his popularity with voters. Heralding a report on energy security showing a big drop […]

Study says ambitious people live shorter, unhappier lives

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TweetYumPeople who attended America’s most prestigious schools may seem to have the world by the tail, but it turns out all that high achievement may come at a steep price. The ambitious alumni of elite universities such as Harvard, Yale and Princeton don’t live as long as those who are less upwardly mobile, and they’re […]

Gas Prices Could Hit $5 by Summer

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TweetYum By: CNBC As the average gas price nationwide climbs towards $ 4 a gallon, analysts and energy experts are forecasting that prices could hit the $ 5 mark at the pumps this summer. Rising gas prices could set the economy back. Crude prices surged last year, causing prices at the pump to shoot up. […]