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According to his latest financial disclosure statement, which covers the year 2010 and has been publicly available since this spring, Cantor still has up to $15,000 in the same fund. Contacted by Salon this week, Cantor’s office gave no indication that the Virginia Republican, who has played a leading role in the debt ceiling negotiations, has divested himself of these holdings since his last filing. Unless an agreement can be reached, the U.S. could begin defaulting on its debt payments on Aug. 2. If that happens and Cantor is still invested in the fund, the value of his holdings would skyrocket.
“If the debt ceiling isn’t raised, investors would start fleeing U.S. Treasuries,” said Matt Koppenheffer, who writes for the investment website the Motley Fool. “Yields would rise, prices would fall, and the Proshares ETF should do very well. It would spike.”
The fund hasn’t significantly spiked yet because many investors believe Congress will eventually raise the debt ceiling. However, since Cantor abruptly called off debt ceiling negotiations last Thursday, the fund is up 3.3 percent. Even if an agreement is ultimately reached before Aug. 2, the fund could continue to benefit between now and then from the uncertainty. (One tactic some speculators are using is to “trade the debt ceiling debate” — that is, to place short-term bets on prices as they fluctuate with the news out of Washington.)
But a source with knowledge of the firm said Soros was not involved in the rumoured trade and questioned whether in fact there had been such a trade at all.
House Minority Leader Nancy Pelosi’s husband, a real estate developer and investment banker, stands to make millions of dollars in a previously undisclosed residential real estate project in California as a partner with the father of a woman Mrs. Pelosi helped become ambassador to Hungary, records show.
/'l¿b¿r¿l, 'l¿br¿l/ Show Spelled[lib-er-uhl, lib-ruhl] Show IPA
favorable to progress or reform, as in political or religious affairs.
(often initial capital letter) noting or pertaining to a political party advocating measures of progressive political reform.
of, pertaining to, based on, or advocating liberalism.
favorable to or in accord with concepts of maximum individual freedom possible, especially as guaranteed by law and secured by governmental protection of civil liberties.
favoring or permitting freedom of action, especially with respect to matters of personal belief or expression: a liberal policy toward dissident artists and writers.
of or pertaining to representational forms of government rather than aristocracies and monarchies.
free from prejudice or bigotry; tolerant: a liberal attitude toward foreigners.
open-minded or tolerant, especially free of or not bound by traditional or conventional ideas, values, etc.
characterized by generosity and willingness to give in large amounts: a liberal donor.
given freely or abundantly; generous: a liberal donation.
not strict or rigorous; free; not literal: a liberal interpretation of a rule.
of, pertaining to, or based on the liberal arts.
of, pertaining to, or befitting a freeman.
a person of liberal principles or views, especially in politics or religion.
(often initial capital letter) a member of a liberal party in politics, especially of the Liberal party in Great Britain.
“I mean, you got the first mainstream African-American presidential candidate who is articulate and bright and clean-cut and a nice-looking guy. I mean, that’s a storybook, man"
"You CANNOT go into a 7-11 or a Dunkin Donuts without an Indian accent."
There are white n**gers. I've seen a lot of white n**gers in my time.
You never let a good crisis go to waste.
WASHINGTON — For the last four years, Vice President Dick Cheney has made the controversial claim that his office is not fully part of the Bush administration in order to exempt it from a presidential order regulating federal agencies' handling of classified national security information, officials said Thursday.
Cheney has held that his office is not fully part of the executive branch of government despite the continued objections of the National Archives, which says his office's failure to demonstrate that it has proper security safeguards in place could jeopardize the government's top secrets.
Quite frankly, I would have done the same thing as Cheney (if I wasn't 9 at the time). The difference between the Veep and me is that I wouldn't have the temerity to criticize someone who not only served in Viet Nam, but was wounded three times and won several honors for courage and bravery.
That would simply be hypocritical.
Cheney apparently has no such restraints. Of the American involvement in Vietnam, Dick Cheney was asked: "Was it a noble cause?
His answer: "Yes, indeed, I think it was."
Just not for him . . .
Saddam Hussein and al-Qaeda link allegations were made by U.S. Government officials who claimed that a highly secretive relationship existed between former Iraqi President Saddam Hussein and the radical Islamist militant organization Al-Qaeda from 1992 to 2003, specifically through a series of meetings reportedly involving the Iraqi Intelligence Service (IIS). In the lead up to the Iraq War, U.S. President George W. Bush alleged that Iraqi President Saddam Hussein and militant group al-Qaeda might conspire to launch terrorist attacks on the United States, basing the administration's rationale for war, in part, on this allegation and others. The consensus of intelligence experts has been that these contacts never led to an operational relationship, and that consensus is backed up by reports from the independent 9/11 Commission and by declassified Defense Department reports as well as by the Senate Select Committee on Intelligence, whose 2006 report of Phase II of its investigation into prewar intelligence reports concluded that there was no evidence of ties between Saddam Hussein and al-Qaeda. Critics of the Bush Administration have said Bush was intentionally building a case for war with Iraq without regard to factual evidence. On April 29, 2007, former Director of Central Intelligence George Tenet said on 60 Minutes, "We could never verify that there was any Iraqi authority, direction and control, complicity with al-Qaeda for 9/11 or any operational act against America, period."
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