Wednesday, 26 November 2008

Is Hillary Barred from Becoming Secretary of State?

'The media and blogosphere is abuzz with questions about whether Hillary Clinton is constitutionallyprohibited from accepting the position of Secretary of State in Obama's administration -- based on Article 1, Section 6, which states:

"No Senator or Representative shall, during the time for which he was elected, be appointed to any civil office under the authority of the United States, which shall have been created, or the emoluments whereof shall have been increased during such time: and no person holding any office under the United States, shall be a member of either House during his continuance in office.''

Read more...

 
Wednesday, 26 November 2008

Citigroup collapses! Banking Shutdown Possible

'It pains me deeply to announce that, despite the massive government rescue, yesterday’s collapse of Citigroup could ultimately lead to a shutdown of the global banking system. For many years, I hoped this would never happen, and I thought we might be able to avoid it.'

Read more...