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Carlo Gabriel Simbajon
Carlo Gabriel Simbajon
 White House drug czar Gil Kerlikowske applauded the defeat of Proposition 19, the controversial initiative that would have made the state of California the first to legalize recreational use and sales of marijuana. In a statement, Kerlikowske, the Obama administration’s drug policy director, hailed the vote said: “Today, Californians recognized that legalizing → Read More  5 comments - (Comments are closed)  Based on the comments of the judges during a hearing over the Arizona Immigration law (SB 1070), observers think the appeals court is inclined to lift the ban on one important provision of the controversial act against illegal immigration. The provision authorizing police authorities to demand papers from individuals suspected of being → Read More Comments are closed  Finally. After more than two months since the megachurch scandal erupted, Bishop Eddie Long has categorically denied allegations that he lured four young men into homosexual relationships with him. Megachurch pastor Eddie Long filed his response to the lawsuits against him on Monday, the AP reported. Since September 21, the time → Read More 4 comments - (Comments are closed)  An obscure documentation requirement under the Immigration Reform and Control Act of 1986 (IRCA) is emerging as a critical issue in President Barack Obama’s campaign against employers who hire undocumented workers. One critic described the Employment Eligibility Verification Form I-9 system as “deeply flawed.” The Form I-9 system under IRCA requires all → Read More Comments are closed  The Federal Reserve is expected to announce its plan to implement quantitative easing this week. Some economists have expressed concern that the move, dubbed as QE2, won’t work. According to a CNNMoney report, the Fed is likely to announce within the week their move to pump more money into the economy. The → Read More 2 comments - (Comments are closed)  The U.S. Securities and Exchange Commission is reminding banks of their “disclosure obligations” in the light of the ongoing mortgage and foreclosures scandal. In a letter, the SEC said the banks should disclose, among others, their expected losses arising from fraudulent paperwork. The SEC said the letter, which was posted in the → Read More Comments are closed  The US Food and Drug Administration has turned down experimental weight loss drug Qnexa in its present form, the drug’s manufacturer Vivus Inc. (NASDAQ:VVUS) said Thursday. The company issued a statement saying the FDA requested, among others, for more study results, the Associated Press reported. The Food and Drug Administration was asking → Read More One comment - (Comments are closed)  Wells Fargo & Company (NYSE:WFC) has admitted on Wednesday that it discovered mistakes in its foreclosures paperwork process. The admission came after the bank had been insistent, amidst the brewing mortgage and foreclosures scandal, that its policies and procedures were “sound.” Earlier, it was Bank of America who acknowledged there were mistakes → Read More 2 comments - (Comments are closed) |
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