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Noontime News Roundup – February 14, 2012

February 14, 2012

Noontime & Nighttime News

Noontime News Roundup – February 14, 2012

Noontime News is a snapshot of our RSS feeds from the noon (Eastern time) hour.


Billionaire George Soros: I Should Pay More In Taxes

paragraphPresident Obama’s most recent budget, released today, featured the “Buffett Rule,” named after and supported by billionaire investor Warren Buffett, which would require millionaires to pay a minimum 30 percent tax rate . Republicans have repeatedly denounced attempts to raise taxes on the wealthy as “class warfare,” neglecting to mention that their policies would actually raise taxes on the middle class.

Ten Facts About The Obama Budget

President Obama unveiled his budget for fiscal year 2013 this morning in Virginia, touting it as a budget that took a balanced approach toward investigating in American economic growth now while reducing the nation’s deficit over the long-term. The budget is a step in the right direction, using both tax increases and spending cuts to cut the deficit and investing in infrastructure and other job creation measures to continue the economic recovery.

Right Wing Praises MEK For Conducting Acts Of Terrorism In Iran

Last Thursday, NBC News reported that the Mujahedeen-e Khalq (MEK), an exiled Iranian opposition group designated a “foreign terrorist organization” by the State Department, conducted a series of assassinations of Iranian nuclear scientists.

Fox Pundit Says Women In The Military Should ‘Expect’ To Be Raped

The Pentagon announced new rules last week easing the ban on women serving in combat. While conservatives like Rick Santorum are a little uneasy with the news, the announcement only formalizes military practices that were already taking place.

But Fox News contributor Liz Trotta’s commentary on the matter took the issue to a whole other level. She’s not really concerned about the “controversy” surrounding the Pentagon’s announcement. For Trotta, the issue is having “women once more, the feminist, going, wanting to be warriors and victims at the same time.”

Ex-Bear Stearns Executives Pay Fines, Accept Bans

Two former Bear Stearns executives reached settlements Monday with federal regulators over civil charges they misled investors about risky mortgage securities when the housing market was collapsing.

The Securities and Exchange Commission said Ralph Cioffi will pay $800,000 and be barred from the industry for three years, and Matthew Tannin will pay $250,000 and be banned for two years. The deal means that the pair will avoid a civil trial, which was scheduled to begin Monday in federal court in Brooklyn, N.Y.

New Arrests in Murdoch Bribery Scandal Raise Question of U.S. Charges

This weekend, five more journalists from a Rupert Murdoch-owned British tabloid were arrested as part of an ongoing bribery investigation.

Firm in Apple dispute seeks to ban China iPad imports

An electronics firm said Tuesday it would ask customs in China to block iPad imports after it won a copyright case against Apple, prompting one city to pull some of the tablet computers from shops.

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