Author: Joshua De Leon

GOP lines up, yet again, more Benghazi “Whistleblowers”

Rep. Mike Rogers (R-Mich.) said on “Fox News Sunday” that “more whistleblowers” are to come forth with testimony about the Benghazi attacks, reports The Washington Post.  The fiasco continues, even after House Oversight and Government Reform Committee Chairman Rep. Darrell Issa (R-Calif.) admitted “that the facts as we were told before during and after the attack at Benghazi just simply aren’t what they really were” when speaking after the first oversight hearing. What the Obama administration is covering up still remains unclear, according to ThinkProgress.   What began as an attempt to jab the Obama Administration’s credibility has gained...

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GOP House Majority Leader Blames Media for GOP Looking Dumb

During a speech to the Ripon Society, House Majority Leader Eric Cantor (R-Va.) blamed the media for the GOP’s “messaging woes,” according to The Hill. In a nutshell, Cantor thinks it’s the media’s fault for the American public’s criticism of that dirty-faced kindergarten classroom that is the GOP.  He believes “the party’s economic message is drowned out by coverage of debt and deficits.”  Maybe, perhaps, the GOP’s “message” was the cause of all the “debt and deficits” that the country accrued during the ill-fated Bush Administration that some seem to forget about.  But who would really want to remember...

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Bill Proposes Student Loan Interest Rates to Match Those of Big Banks

College students who have borrowed money from the government to pay for their education now have a glimmer of hope as they face crippling loan balances and interest rates.  Sen. Elizabeth Warren (D-Mass.) has proposed a bill, called the Bank on Students Loan Fairness Act, that will lower student loan interest rates to match those placed upon corporate banks. To date, students have accumulated a total of $1 trillion in debt to pay for school, “more than all outstanding credit card debt,” said Warren.  But here’s the kicker, students who are now paying 3.4 percent interest on their loans...

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California City Defrauds Investors

The city of Victorville, CA and several others were charged with defrauding investors with misleading statements made during a 2008 Airport Authority bond offering, according to a press release from the U.S. Securities and Exchange Commission.  Of the accused is the Airport Authority’s bond underwriting firm Kinsell, Newcomb & DeDois (KND), which is suspected to have misappropriated and misused $2.7 million. Elaine C. Greenberg, Chief of the SEC’s Municipal Securities and Public Pensions Unit, said, “Investors are entitled to full disclosure of material financial arrangements entered into by related parties. Underwriters who secretly line their own pockets by taking...

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Many Diabetes Drugs Under FDA Review, Linked to Cancer

The U.S. Food and Drug Administration is reviewing new, unpublished reports made by academic researchers that indicate patients taking certain drugs to treat Type-2 diabetes possess an increased risk of acute pancreatitis resulting in pancreatic cancer, according to an FDA press release, released on March 13. The drugs in question are Byetta, Januvia, Janumet, and Victoza.  Byetta is an injectable drug, known as an incretin mimetic, that regulates blood sugar and glucose levels by increasing insulin in the pancreas and decreasing glucose levels in the liver.  Although the medication guide attached to the drug points out very serious side effects...

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