Thursday, August 5, 2010

In the news: company misses deadline by five minutes, bid rejected

Missing air tanker deadline by 5 minutes, company files protest |
U.S. Aerospace Inc., one of three competitors for the potential $40 billion deal, was disqualified by the Pentagon because it missed the Air Force's deadline for submitting bids.

Almost Half of U.S. Fatalities in Afghan War Took Place Since Obama Took Office
( – As of July 31, almost half of all U.S. fatalities in Afghanistan have happened on President Barack Obama’s watch. Since Obama took office in January 2009, 558 U.S. troops have died in Afghanistan, out of 1,127 since the war began nine years ago, according to’s tally.

BP plans to pump cement into blown-out oil well
NEW ORLEANS -- BP planned to start pumping cement into its blown-out oil well in the Gulf of Mexico on Thursday, following up on a key development in the effort to kill the well when mud that was shoved in successfully held back the flow of crude.

Stalkers Exploit Cellphone GPS
Phone companies know where their customers' cellphones are, often within a radius of less than 100 feet. That tracking technology has rescued lost drivers, helped authorities find kidnap victims and let parents keep tabs on their kids. But the technology isn't always used the way the phone company intends.

Elvis Presley Running for Arkansas Governor
Elvis D. Presley of Star City filed papers with the secretary of state's office on Wednesday to run as a write-in candidate for governor. Presley indicated in the paperwork that he wants to "supply the people with a broader array of employment and newer chain of state government." He declined to tell The Associated Press how he got his name but says he is an Elvis impersonator in his spare time.

Is Obama about to forgive billions in mortgage principal?
With the government fully in control of Fannie Mae and Freddie Mac, Barack Obama may issue an order to forgive portions of underwater mortgages processed through the GSEs, where negative equity approaches $800 billion overall. Some financial houses have begun quietly preparing for the possibility.

Sarah Palin on Obama: “I think He’s In Over His Head & Has Poor Advisors” (Video)
Former Alaska Governor Sarah Palin blasted President Obama last night on Hannity. The popular conservative told Hannity that “Obama is in over his head.”

Breaking: Feds To Announce New Terror Arrests
American Jihadi Omar Hammam aka Abu Mansoor al-Amriki possibly arrested, details sketchy. Feds to hold a news conference today

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