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McCain calls Obama tax plan a threat to all Americans (U.S., 28 articles)
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In an analysis of how the candidates' tax proposals would affect federal revenues, the Brookings Institution and the Urban Institute said McCain's plans would cut receipts by $3.72 trillion from 2009-2018 compared with current tax law. PHILADELPHIA- Avoiding casualties in Iraq is more important than bringing troops home, Republican John McCain said Wednesday, feeding an outcry from Democrats who quickly declared him to be out of touch with the public and the needs of the military. Speaking to a group of small-business owners in Washington, D.C., McCain pushed an agenda that emphasizes reduced regulation and long-term economic growth through cuts in corporate taxes, expanded free-trade agreements and cuts in government spending. John McCain, she said, promises four more years of job losses, soaring gas prices, home foreclosures, budget deficits, tax cuts for the rich and "war without end" in Iraq. While hardworking families are hurting and employers are vulnerable, Barack Obama has promised higher income taxes, Social Security taxes, capital gains taxes, dividend taxes, and tax hikes on job creating businesses' campaign spokesman Tucker Bounds said.
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Kobe Bryant leads Lakers to 87-81 win over Celtics in Game 3 (Sports, 31 articles)
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Boston's Big Three shot awfully as did most of the Celtics, but the NBA s top-seeded team stayed competitive for much of the game thanks to a stark disparity in free throws. The Lakers led by 11 points early but saw the Celtics come back to take the lead midway through the third quarter, at which point Pau Gasol and Lamar Odom had combined to score no field goals. League MVP Kobe Bryant scored 36 points, had seven rebounds and played superb defense on the Celtics' Paul Pierce to help the Lakers avoid opening the series in an 0-3 hole.
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Energy Dept. Says Oil, Gas Prices to Stay High (Finance, 26 articles)
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The oil company's annual Statistical Review of World Energy, published yesterday, offered a vivid illustration of the fundamental imbalance between supply and demand that has helped to drive crude prices to record highs of $139 a barrel this month. What has driven oil prices to their current dizzy heights? According to the oil producers' cartel Opec, the blame lies with speculators in the international markets. Although the decline in the dollar against other currencies has been a popular explanation for oil's record run, Rosengren said data show the increases in oil prices have far outstripped the pace of the dollar's decline.
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US strikes undercut efforts on Pakistan-Afghan border (World, 17 articles)
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PESHAWAR, PAKISTAN The Pakistani army Wednesday accused the U.S. military of an "unprovoked and cowardly" airstrike that resulted in the deaths of 11 Pakistani infantrymen, threatening the cooperation between the two countries in combating terrorism. Yesterday the clash erupted when US-supported Afghan troops tried to establish a checkpost near Sheikh Baba in the Mohmand tribal region, along the disputed knife's-edge border between Afghanistan and Pakistan, according to local villagers and Pakistani military officials. The Pentagon has said an air strike by US forces in the Afghan-Pakistani border region, said to have killed 11 Pakistani soldiers, was legitimate.
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University of Sask. researcher gets $1.4 million for residential school research (U.S., 11 articles)
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OTTAWA Canadian Prime Minister Stephen Harper apologized Wednesday to the nation's native people for " a sad chapter in our history acknowledging the physical abuses and cultural damage they suffered during a century of forced assimilation at residential schools. " The treatment of children in Indian residential schools is a sad chapter in our history Harper said in an apology on behalf of the government Wednesday. Today's First Nations youth say the schools the federal government sent their ancestors to continue to cast a long shadow over their families and their communities.
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blaster@cs.columbia.edu
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