Anti-austerity demonstrations took place across southern Europe today, from Portugal to Greece. Large crowds voiced anger over budget cuts imposed by their governments or by multinational financial institutions. This is the first time that austerity protests have been coordinated across European borders.
After President Obama's news conference today, he moved on to a meeting with the CEOs of a number of big corporations to talk about avoiding the fiscal cliff. We're going to talk now with one business leader who has advised the White House in the past, although he was not at today's meeting. Gary Loveman is the CEO of Caesars Entertainment, the worldwide casino company. He's been a member of President Obama's export council, and he's also part of the Fix the Debt campaign. Welcome to the program.
Audie Cornish talks with Wired contributing editor Joshua Davis about anti-virus software pioneer John McAfee. McAfee is wanted for questioning in the death of a fellow American ex-pat Gregory Faull in Belize.
The anti-austerity protests in Greece were relatively small, reflecting the frustration that two and a half years of demonstrations haven't changed the course of austerity.
Anti-austerity protests in Italy were coordinated with those in other southern European countries. Italian demonstrators reveal growing anger at Prime Minister Mario Monti, who was hailed as the man who could lead Italy out of its crisis just a year ago.
Susan Rice, the U.S. ambassador to the United Nations, is considered a leading candidate to become the next secretary of state. Leading Senate Republicans say they would seek to block her if she's nominated.
President Obama sounds like he's in for a fight over the woman who could be the next secretary of state. Republicans have been blasting U.N. Ambassador Susan Rice for the way she characterized the attack on the U.S. Consulate in Benghazi, Libya, on Sept. 11.
But the president came to her defense in his news conference Wednesday afternoon.
"When they go after the U.N. ambassador, apparently because they think she's an easy target, then they've got a problem with me," he told reporters.
Millions of U.S. families have a recent foreclosure on their record. Typically, that means waiting at least seven years before securing another home loan. But some families say they are having luck buying again — sometimes in as few as three years.
Buyers are coming back into the housing market after losing their homes during the financial crisis — returning to homeownership more quickly than lenders have typically allowed.
With millions of families with recent foreclosures on their records, some report that they are having luck buying a house — in some cases within three years.
Originally published on Thu November 15, 2012 7:31 am
Reps. Ron Paul (R-Texas) and Barney Frank (D-Mass.) are asking the White House to respect the voters of Colorado and Washington, who decided that recreational marijuana use should be legal.