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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (131456)5/1/2012 1:27:38 PM
From: TideGlider1 Recommendation  Respond to of 224769
 
How much did you make off the positive move? I made a bundle that I took off the table. I still have even more still out there! I will be bringing much in tomorrow win or lose.



To: Kenneth E. Phillipps who wrote (131456)5/1/2012 2:43:56 PM
From: Hope Praytochange2 Recommendations  Respond to of 224769
 
Wife of Edwards Aide to Continue Testimony By LIZETTE ALVAREZ Published: May 1, 2012






GREENSBORO, N.C. — One day after her testimony was cut short by a migraine headache, Cheri Young, the wife of a former aide to John Edwards, is expected to return to the witness stand on Tuesday morning and then face cross-examination in Mr. Edwards's federal corruption trial. Ms. Young, who was by turns tearful, incredulous and angry as she testified on Monday, explained to jurors how she was reluctantly drawn into an intricate web of deceit in an effort to help Mr. Edwards in his quest for the presidency.

Weeping on the witness stand, Ms. Young, whose husband, Andrew Young, is the star witness against Mr. Edwards, recounted to the jury the moment in 2007 when she was asked to allow her husband to falsely claim he was the father of a baby that Mr. Edwards had conceived with his mistress, Rielle Hunter. The Youngs had been helping to cover up Mr. Edwards's and Ms. Hunter's extramarital affair.

"My first thought was, ‘How in the world could Mr. Edwards ask one more thing of me, of us?’ ” said Ms. Young, a pediatric oncology nurse and the mother of three young children. “I was mad. I was upset, of course. I said, ‘Absolutely not.’ I screamed at him, cursed at him.”

Mr. Edwards, a former senator from North Carolina and two-time Democratic presidential candidate, later pressed her in a telephone call to come “on board,” offering a pep talk, Ms Young testified: “This is it! This is our time!” Mr. Edwards, she said, told her that it was “good for America.”

If Ms. Young went along, he said, it would be a “one-day story.”

He also said he did not want his wife, Elizabeth, to know about the affair “because she was going to die soon.” Ms. Edwards died of breast cancer in December 2010.

Ms. Young agreed, saying that she believed there was no other way to protect Mr. Edwards’s presidential bid and her husband’s career.

“I didn’t want the campaign to explode and for it to be my fault,” she said. “I ultimately decided to live with a lie.”

By the end of the day, Ms. Young’s testimony about her complicity in the scandal and the stress of the cover-up on her family proved too much. She complained of a migraine headache and was dismissed midafternoon.

In the course of her testimony, Ms. Young led the jury through her “journey,” as it was later characterized, to cover up the affair. Mr. Edwards’s defense team has contended that the Youngs benefited financially from an arrangement that funneled hundreds of thousands of dollars into their bank account to help silence Ms. Hunter and indulge her plush lifestyle.

But in telling her story, Ms. Young painted a picture of hardship, a family turned upside down for more than a year in the service of Mr. Edwards. After shuttling around the country with Ms. Hunter, moving to California, uprooting their children and enduring Ms. Hunter’s moody temperament, she said, the Youngs were told to get jobs and never move back to North Carolina. By that point, Mr. Edwards had stopped returning their calls.

Ms. Hunter’s baby was born in February 2008, and Ms. Young said the stress of their thrown-together living arrangement became almost unbearable. Ms. Hunter, infuriated that Mr. Edwards did not call enough, kept threatening to go public, Ms. Young said. But Mr. Edwards was now a contender for the vice presidency.

When Ms. Young insisted on returning to North Carolina, a warning was issued by the wife of Fred Baron, the wealthy Texas donor who paid for the private jets and swank hotel rooms for the Youngs and Ms. Hunter:

“Mrs. Edwards is not well,” said the wife, Lisa Blue, according to Ms. Young. “I am a doctor. She is not mentally healthy, and there is a great chance she would be a harm to you or your family.”

Mr. Edwards subsequently called the Youngs, she said, leaving a seemingly carefree message.

“Hey Buddy, how are you?” it began. “Long time no see.”

It had been more than a year since Ms. Young said she first agreed to endorse the checks from another wealthy donor, Rachel Mellon, and deposit them into her own account to pay for Ms. Hunter’s needs. Fearing it was illegal, she did so only after Mr. Edwards reassured her it was not, she said.

The checks are a crucial element in the charge that Mr. Edwards violated federal election laws in accepting them. Government prosecutors contend that about $900,000 received from two donors amounted to illegal campaign donations; Mr. Edwards, who faces 30 years in prison, says the money was a personal gift from friends.

“I heard John Edwards tell me on the phone that he checked with the campaign lawyers and this was not a campaign donation and it was not illegal,” Ms. Young told the court. “ ‘Get the money in!’ He was very short and very angry.”



To: Kenneth E. Phillipps who wrote (131456)5/1/2012 3:05:11 PM
From: Farmboy4 Recommendations  Respond to of 224769
 
The Dow, sir, is supposed to go up ...

Tell me, are the prices of gasoline, food items, clothing, and basic essential supposed to always go up? Well, they are now, and at a faster rate than the Dow ...

Housing prices are supposed to go up. They aren't, in case you haven't noticed. They're going down, still, even though Obama was supposed to have 'fixed' that problem many moons ago.

Got any more stupid links to post?



To: Kenneth E. Phillipps who wrote (131456)5/2/2012 9:31:10 AM
From: Hope Praytochange4 Recommendations  Read Replies (1) | Respond to of 224769
 
U.S. stock market futures are down after disappointing data on Europe's economy and a report showing slowing job growth at home.

Dow Jones industrial average futures are slipped 0.44 percent to 13,160. Standard & Poor's 500 futures are off 0.54 percent to 1,392. Nasdaq 100 futures are down 0.52 percent to 2,704.

Earlier, reports showed record high unemployment in the 17 countries that use the euro. In the U.S., the payroll processor ADP said new jobs created in April were far below expectations. sh*thead kennytroll opened fouled mouth jinxed markets



To: Kenneth E. Phillipps who wrote (131456)5/2/2012 11:40:51 AM
From: FJB2 Recommendations  Read Replies (1) | Respond to of 224769
 
US Treasury Prices Climb To Session Highs After ADP Jobs Report

May 2, 2012, 8:40 a.m. ET

By Cynthia Lin Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--U.S. Treasury prices shot up to session highs Wednesday after a report showed fewer private-sector jobs were added in April than most economists had expected.

Private-sector jobs in the U.S. increased just 119,000 last month, according to a national employment report calculated by payroll processor Automatic Data Processing Inc. (ADP) and consultancy Macroeconomic Advisers. The gain was far below economists' median expectation of 175,000 contained in a survey done by Dow Jones Newswires.


The disappointing report feeds into increasing fears that the U.S. economic recovery might hit a snag as it did around this time of year in 2011 and 2010. The discouraging read on the country's labor-market conditions for April also doesn't bode well for the government's much-anticipated nonfarm-payrolls release due Friday.

In recent trading, bids for safe-haven Treasurys strengthened, taking benchmark 10-year notes up 15/32 in price to yield 1.905%. The 30-year bond gained 1 4/32 to yield 3.104%, while two-year notes edged up a fraction in price to yield 0.262%. Debt prices move inversely to their yields.

Tuesday, a strong manufacturing indicator had dented the appeal of Treasurys. But the tone quickly shifted Wednesday as investors were confronted with a slew of disappointing economic signals. U.S. Treasurys were gaining ahead of the ADP data, following worrisome releases from the euro zone earlier in the session.

Manufacturing activity in the euro zone shrank as its fastest pace in April in nearly three years, with the reading on Germany's sector falling to 46.2 from 48.4 last month. Meanwhile, the region's unemployment rate increased to match its record high hit in March.

The concerns also sent buyers into German bunds, regarded as a harbor within their region. The yield on 10-year German bunds sank about 0.05 percentage point on the day, to 1.614%, testing its record low of 1.598%.