Salem Radio Network News Thursday, November 27, 2014

politics

WASHINGTON (Reuters) – President Barack Obama pledged on Tuesday to veto a deal still under negotiation in Congress that would make several expiring business tax breaks permanent. The warning marks a major setback to House and Senate negotiators who were trying to reach a deal on so-called “tax...
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FILE- In this Oct. 27, 2014 file photo, Georgia Democratic gubernatorial candidate Jason Carter speaks during a campaign stop in Columbus, Ga. Many Democrats say the way to recover lost ground in the conservative South is to reclaim the party’s lost identity as a champion of the middle class. Georgia Democrats thought legacy candidates were the answer, but Senate hopeful Michelle Nunn, former Sen. Sam Nunn’s daughter, and gubernatorial challenger Jason Carter, former President Jimmy Carter’s grandson, each lost by about 8 percentage points even after well-funded campaigns and ambitious voter-registration drives. (AP Photo/David Goldman, File)

Southern Democrats trying to recover lost ground

ATLANTA (AP) — To rebuild in the conservative South, Democratic leaders say their party must become more aggressive advocates for the middle class in an effort to energize African-Americans and attract whites. After the Republicans’ success in the midterm elections, many...
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Flournoy withdraws from consideration as U.S. defense secretary: sources

WASHINGTON (Reuters) – Michele Flournoy, a former top U.S. Department of Defense official widely tipped as a possible replacement for Defense Secretary Chuck Hagel, has taken herself out of consideration for the job, according to multiple sources familiar with the...
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OPEC Keeps Oil Output on Hold Despite Low Prices

Nov 27, 2014

Reflecting its lessening oil clout, OPEC decided Thursday to keep its output target on hold and sit out falling crude prices that will likely spiral even lower as a result. Oil prices fell sharply on the news. Even though the decision was largely expected, it showed the once-powerful cartel is losing the power to push up markets to its own advantage. The move to maintain a production target of 30 million barrels a day appeared to reflect acceptance of the Saudi view within OPEC that short-term pain had to be accepted for later gain.

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Gary Varvel
Thu, Nov 20, 2014

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