| 7:15 PM: | The Times Interviews John McCain. Following are excerpts of a transcript of an interview conducted by The New York Times's Adam Nagourney and Michael Cooper with Senator John McCain in Hudson, Wisconsin, on July 11. NYT. | |
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| 7:03 PM: | Feds cite Schumer in collapse of IndyMac. The immediate cause of the closing was a deposit run that began and continued after the public release of a June 26 letter to the OTS and the FDIC from Senator Charles Schumer of New York. The letter expressed concerns about IndyMac's viability. In the following 11 business days, depositors withdrew more than $1.3 billion from their accounts. LA Times. | |
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| 6:17 PM: | Barack Obama's Strategic Miscalculation on Public Finance. With him formally capturing the nomination in June, that doesn't seem to be happening. In fact, Obama's opting out is starting to look at best premature and at worst a complete strategic blunder. Patrick Ruffini. | |
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| 5:36 PM: | The rise and fall of IndyMac. Feds seize bank -- once a leading mortgage lender. It may turn out to be most expensive collapse ever. One thing is sure: The credit crisis is still with us. CNN. | |
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| 4:46 PM: | Bill Clinton addresses governors. Former President Bill Clinton journeyed to the "center of wonkdom" this afternoon, as he spoke to current and former governors about the challenges America faces and potential solutions to them -- with climate change among the most pressing. MSNBC. | |
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| 4:44 PM: | U.S. Considers Increasing Pace of Iraq Pullout. The Bush administration is considering the withdrawal of additional combat forces from Iraq beginning in September, and one factor is a need for more troops in Afghanistan, officials said. NYT. | |
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| 4:27 PM: | Phil Gramm Is No Longer 'Giving Advice To Senator McCain' Appearing on PBS's Nightly Business Report last night, McCain’s senior policy adviser, Douglas Holtz-Eakin, claimed that because of the comments, Gramm would no longer be giving McCain advice. Think Progress. | |
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| 4:14 PM: | Voter registrations in Florida show 'huge swing' toward Democrats. An escalating number of voters registering as Democrats is providing evidence that the 2008 election could produce a wave of support for Barack Obama and trigger a decades-long shift of party allegiance that could affect elections for a generation. Sun-Sentinel. | |
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| 4:10 PM: | Bush backs Israeli plan for strike on Iran. President George W Bush has told the Israeli government that he may be prepared to approve a future military strike on Iranian nuclear facilities if negotiations with Tehran break down, according to a senior Pentagon official. Times of London. | |
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| 4:00 PM: | John McCain's Home While He Was a POW in Vietnam. These are the never-before-seen last known photos of Sen. John McCain's Hoa Lo prison cell, images that prove that even after being cleaned up for an American historical filmmaker, the terror of the Hanoi Hilton is real. US News. | |
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| 3:16 PM: | Obama Supporters on Far Left Cry Foul. "I'm disgusted with him," said Ms. Shade, an artist. "I can't even listen to him anymore. He had such an opportunity, but all this 'audacity of hope' stuff, it's blah, blah, blah. For all the independents he's going to gain, he's going to lose a lot of progressives." NYT. | |
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| 11:44 AM: | Border fence concerns Rio Grande defenders. The federal government's border fence plans in South Texas have been attacked by property owners, wildlife advocates and land conservationists. The next wave of opponents could come from the water - and they're carrying paddles. AP. | |
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| 11:43 AM: | German row over Obama speech plan. A leading German politician is the latest to reject a tentative plan by Barack Obama to speak at Berlin's historic Brandenburg Gate. BBC. | |
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| 8:31 AM: | Phil Gramm is right. Gas prices are ruining vacation plans and killing businesses. Many Americans have lost or are about to lose their homes to foreclosure or in distress sales. The federal government may not be talking about it much yet, but inflation plagues the country. The weak dollar is altering our everyday calculations. For many, this is not a happy summer. Washington Post. | |
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| 7:50 AM: | Tony Snow, Former White House Press Secretary, Dies at 53. The conservative columnist and television commentator, who served for 17 months as President Bush's press secretary, died after a long battle with colon cancer. NYT. | |
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| 5:51 AM: | MO Poll: Obama +5. Research 2000 has done a new poll in Missouri for the St. Louis Post Dispatch which shows Barack Obama leading John McCain by 5 points: Obama 48 McCain 43 Undecided 9. Time. | |
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| 5:50 AM: | Fox News: Ex-Bush spokesman Tony Snow dies. Fox News is reporting that conservative commentator and former White House press secretary Tony Snow has died of cancer. USA Today. | |
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| 5:49 AM: | World Bank's Zoellick says food prices high until 2012. World Bank President Robert Zoellick said on Saturday he expected food prices to remain above 2004 levels until at least 2012 and energy prices would also remain high and volatile. Reuters. | |
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| 12:35 AM: | Editorial: There He Goes Again. A leader who wants to steer the nation through tough times should not spend the campaign, as Senator John McCain has so far, telling Americans they can have it all. NYT. | |
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