Scientists are questioning a $433-million government contract for an experimental smallpox drug (ST-246) awarded to Siga Technologies by the Obama administration. Siga, a New York-based pharmaceutical company specializing in disease-causing pathogens, was given a contract in May through a "sole-source" procurement: It was the only company asked to submit a proposal, while the government reportedly blocked other companies from bidding after Siga nearly lost the contract a year ago.
After receiving heated criticism from Republicans and conservative groups, the White House swiftly delayed implementation of a proposed 15-cent tax on fresh-cut Christmas trees. In what critics were calling a government attack on Christmas, Acting Administrator of Agricultural Marketing David Shipman announced Tuesday that the Secretary of Agriculture would appoint a new federal board contrived to help market the Christmas tree industry.
Only days after Freddie Mac sought a $6-billion cash lifeline from the Treasury Department, Fannie Mae is now chasing a $7.8-billion check in federal aid. Attributing its steep $5.1-billion third-quarter deficit to losses on derivatives and the persistent failings of the housing market, the government-controlled firm is furthering its heedless course to fiscal Armageddon — while draining the bank accounts of American taxpayers all along the way.
Rep. Darrell Issa (R.-Calif., left) Chairman of the House Oversight Committee, is pushing for a federal probe of the post-ACORN group New York Communities for Change (NYCC) for engaging "in fraud through its participation in the Occupy Wall Street protests." The proposed investigation stems from a Fox News article published in late October regarding the organization's crooked involvement in the OWS movement, where NYCC officials allegedly coordinated "guerrilla" protest events and hired ACORN-affiliated employees to attend the protests and collect donations in a deceitful manner.
The House Ethics Committee announced Friday that it is launching a probe into whether Rep. Laura Richardson (D-Calif.) required congressional aides to work on her 2010 reelection campaign on the government's clock while using House resources. The ethics panel had voted unanimously Thursday to establish a special subcommittee to investigate the Congresswoman, who was already investigated last year by the panel for receiving preferential treatment from a bank on her foreclosed home in Sacramento.
After being exposed for their involvement in the Occupy Wall Street protests, officials with the former New York office of ACORN are firing staff, shredding documents, and blaming "disgruntled ex-employees" for leaking information relating to their collaboration with various protests in and around Zuccotti Park. Fox News reported last week that the former ACORN office, now operating as New York Communities for Change (NYCC), coordinated "guerrilla" protest events, hired "door-to-door canvassers" to collect donations, and gathered 100 former ACORN-affiliated employees to attend OWS protests. The organization also recruited homeless people and paid them $10 an hour to protest, sources told Fox News.
Only days before Solyndra’s bankruptcy, the Obama administration mulled over a last-minute bailout plan that would have granted the federal government part ownership of the solar panel-maker. The financial rescue would have infused cash into the company and delegated a new board of directors, two of whom would have been appointed by the Energy Department. The bailout plan was orchestrated by the investment banking firm Lazard, which was paid one million dollars to analyze the company’s financial options — and whose Vice Chairman is a major Democratic donor who contributed more than $2,000 to Obama’s 2008 campaign. However, the plan was ultimately rejected by the Energy Department.
The ideologies and demographics of the Occupy Wall Street movement have been obscured by disorganization and media rhetoric, but emerging surveys and analyses are attempting to decipher the defining attributes of the rooted crowds in Manhattan's Zuccotti Park and in other cities across the country. Who are these protesters? What are their political ideologies? Are they educated? Do they have jobs? In a poll conducted by Costas Panagopoulos, a political science professor at Fordham University in New York, a team of 15 researchers ventured out to survey 301 New York protesters to find the answers to these questions.
A highlight of President Obama's 2008 campaign was his purported drive to end "special interest politics," as he assured American voters that he would not accept contributions from Washington's vast army of lobbyists. "You need leadership you can trust to work for you, not for the special interests who have had their thumb on the scale," Obama declared at an October 2008 campaign stop in La Crosse, Wisconsin. "And together, we will tell Washington, and their lobbyists, that their days of setting the agenda are over. They have not funded my campaign. You have. They will not run my White House. You'll help me run my White House."
During recent political rallies, President Obama ambitiously claimed that he has delivered 60 percent of his 2008 campaign promises, but the watchdog organization Politfact.com reveals that the President's assertion is far from accurate. Speaking at two fundraisers earlier this week, Obama recounted a list of "accomplishments" which he has resolved during his first term in the White House, as he rattled off a catalog of completed initiatives, including financial regulation, healthcare reform, and pulling U.S. troops out of Iraq.