Treasury Secretary Timothy F. Geithner said the U.S. is in no danger of losing its Aaa debt rating even though the Obama administration has predicted a $1.6 trillion budget deficit in 2010.
“Absolutely not,” Geithner said, when asked in an ABC News interview broadcast today whether a downgrade is a concern. “That will never happen to this country.”
Geithner said investors around the world turn to U.S. Treasury securities and dollar-denominated assets whenever they are worried about global stability. That reflects “basic confidence” in the U.S. and its ability to bounce back from the global recession, he said.
At least three Swedish newspapers on Wednesday published a cartoon depicting the Prophet Muhammad with the body of a dog after an alleged plot to murder the artist who created it was uncovered in Ireland.
The controversial drawing by Swedish artist Lars Vilks was printed in Stockholm papers Dagens Nyheter and Expressen and the Malmo daily Sydsvenska Dagbladet.
Irish authorities had said Tuesday they detained four men and three women suspected of involvement in an alleged plot to kill Vilks.
Google said it is fully prepared to shut down its China operation if that is the only way to end the country’s censorship of its networks.
“Google is firm in its decision to stop censoring in China,” said Nicole Wong, Google’s deputy general counsel, in a hearing today before the House Committee on Foreign Affairs. “We do not underestimate the seriousness or sensitivity of the decision is made…We are not going to change our decision.”
“If the option is that we shutter our .cn operation and leave the country, we are prepared to do that,” she said.
The recession and the ongoing jobless recovery devastated much of the private-sector work force last year, sending unemployment soaring, but government workers emerged essentially unscathed, according to data released Wednesday by the Labor Department.
Meanwhile, the compensation for state and local government employees continued to easily outdistance the wages and benefits for workers in private business, a separate Labor Department report showed.
Private-industry employers spent an average of $27.42 per hour worked for total employee compensation in December, while total compensation costs for state and local government workers averaged $39.60 per hour.
Email messages obtained by the Competitive Enterprise Institute via a Freedom of Information Act request reveal that the climate dataset of NASA’s Goddard Institute for Space Studies (GISS) was considered — by the top climate scientists within NASA itself — to be inferior to the data maintained by the University of East Anglia Climate Research Unit (CRU).
The NASA scientists also felt that NASA GISS data was inferior to the National Climate Data Center Global Historical Climate Network (NCDC GHCN) database.
These emails, obtained by Christopher Horner, also show that the NASA GISS dataset was not independent of CRU data.
Further, all of this information regarding the accuracy and independence of NASA GISS data was directly communicated to a reporter from USA Today in August 2007.
Harrison Schmitt’s credentials as a space policy analyst include several days of walking on the moon. The Apollo 17 astronaut, who is also a former U.S. senator, is aghast at what President Obama is doing to the space program.
“It’s bad for the country,” Schmitt said. “This administration really does not believe in American exceptionalism.”
Schmitt’s harsh words are part of a furious blowback to the administration’s new strategy for NASA. The administration has decided to kill NASA’s Constellation program, crafted during the Bush administration with an ambitious goal of putting astronauts back on the moon by 2020. Obama’s 2011 budget request would nix Constellation’s rocket and crew capsule, funnel billions of dollars to new spaceflight technologies, and outsource to commercial firms the task of ferrying astronauts to low-Earth orbit.
From Pelosi’s remarks at the 2010 Legislative Conference for National Association of Counties,
You’ve heard about the controversies within the bill, the process about the bill, one or the other. But I don’t know if you have heard that it is legislation for the future, not just about health care for America, but about a healthier America, where preventive care is not something that you have to pay a deductible for or out of pocket. Prevention, prevention, prevention—it’s about diet, not diabetes. It’s going to be very, very exciting. But we have to pass the bill so that you can find out what is in it, away from the fog of the controversy
In the very body sworn to protect and defend the Constitution, an e-mail is circulating warning U.S. Senate staffers not to view one of the most popular news sites on the Web, claiming it could spread computer viruses.
The Senate Sergeant-at-Arms, the chamber’s official gatekeeper, said the Drudge Report, a news aggregator, and whitepages.com, a telephone directory site, “are responsible for the many viruses popping up throughout the Senate,” according to an e-mail from the Environment and Public Works Committee obtained by FoxNews.com.
Another e-mail from a separate office warned that staffers who had visited the Drudge Report or White Pages had experienced viruses on their PCs.
A Pennsylvania woman known to authorities as “JihadJane” has been charged in federal court with using the Internet to recruit jihadist fighters to carry out murders and violent attacks overseas.
The woman, Colleen R. LaRose, was charged with conspiracy to provide material support to terrorists, conspiracy to kill in a foreign country, making false statements to a government official and attempted identity theft, according to the indictment, unsealed Monday.
Sources tell Fox News the “Swedish citizen” who “JihadJane” was allegedly looking to kill is Lars Vilks, who drew one of the controversial Prophet Muhammad cartoons. There was a series of arrests in Ireland earlier Tuesday that are reportedly connected to LaRose’s case.
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