The Stories

Page 559

• Tech Entrepreneurs Take Caution With Obama’s New Patent Law
  Posted September 28, 2011 at 11:00 pm by Liz Klimas

  "Independent inventors and small start-ups [...] will be forced to the back of line at the patent office."

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• Al Qaeda to Ahmadinejad: Stop ‘Ridiculous’ 9/11 Conspiracy Theories…We Want the Credit
  Posted September 28, 2011 at 10:49 pm by Tiffany Gabbay

  With friends like this, who needs enemies?

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• Former Marine Saves Woman from Rape in Queens
  Posted September 28, 2011 at 10:20 pm by Christopher Santarelli

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• Longtime Democrat and Obama Contributor Allegedly Defects to Romney Camp
  Posted September 28, 2011 at 9:46 pm by Becket Adams

  “I don’t think the president of the United States should paint everyone with the same brush.”

  JP Morgan CEO and once financial supporter of President Obama has allegedly defected to the Mitt Romney camp.

  Dimon, a lifelong Democrat who was rumored to be on Obama’s short list for treasury secretary before he settled on Tim Geithner, met privately with Romney on Tuesday morning before a fund-raiser at Brasserie 8¹/2 hosted by Highbridge Capital, a JPMorgan-owned hedge fund.

  Dimon, who was spotted “in a discreet one-on-one” discussion with Romney, cannot publicly endorse a candidate because he sits on the board of the Federal Reserve Bank of New York. However, he donated to Democratic candidates in 2008 and privately supported Obama.

  
  While Dimon’s spokesperson declined to comment, a JP Morgan insider tells us that Dimon has not attended an Obama fund-raiser and has not contributed to his campaign during this election cycle. And Dimon has met privately with many of the Republican presidential candidates.

  Political insiders are buzzing that a defection would signal further Wall Street hostility toward Obama, who famously called them “fat cat” bankers in 2009. Dimon responded, “I don’t think the president of the United States should paint everyone with the same brush.”

  One insider said, “There is not a person on Wall Street, with the exception of the genetic Democrats, who would get anywhere near supporting Obama. The hostility to the administration is huge. Dimon will continue to look bipartisan, then work behind the scenes to get a Republican elected.”

  There were few big Wall Street names openly linked to Obama’s fund-raisers in New York. And we’re told ticket sales for Obama’s Friday event with Warren Buffett have been slower than expected, with staffers calling and e-mailing supporters to shift tickets at up to $35,800. Obama’s team insist they are expecting a “packed house,” but didn’t get back to us about Dimon last night.

  The New York Post

  "Dimon will continue to look bipartisan, then work behind the scenes to get a Republican elected," said one "insider" quoted by the Post.

  New York Magazine

  Romney has so far raised twice as much money as Obama from Wall Street, with at least 100 donors who backed the president in 2008 switching sides. Dimon puts an influential, deep-pocketed face to that shift, and is clearly still smarting from the president's put-downs and snubs.

  "It’s never fair to punish everybody regardless of their behavior," Dimon said last year of Obama's anti-Wall Street push. "There are good banks and bad banks just like there are good politicians and bad politicians, and I’m not going to sit here and accept that somehow it’s OK." With a warm smile and a soothing back rub — not to mention a business pedigree of his own — Romney has positioned himself for the rebound.

  Jamie Dimon, CEO of JPMorgan Chase, is not supposed to endorse a presidential candidate, because he sits on the board of the Federal Reserve Bank of New York, but he is out partying and attending fundraisers with former Massachusetts governor Mitt Romney. (Of course, Dimon also probably shouldn't have accepted billions of dollars from the Fed while sitting on the New York Fed board either, but that happened.)

  Dimon is a Democrat and former BFF of President Barack Obama, but one day Obama said "fat cat bankers" and everyone on Wall Street threw a tremendous tantrum. The president has gone on to lightly criticize the financial industry and endorse a plan to slightly raise income taxes on very wealthy people, which has reportedly driven scores of Democratic backers from the finance industry into the open arms of the GOP.

  Here's someone explaining the switch (this is an anonymous source talking to the New York Post, which has a vested interest in presenting the Democratic Party and Barack Obama as avowed enemies of capitalism and free enterprise, but I assume this is a fairly accurate explanation of Dimon's thinking):

  One insider said, “There is not a person on Wall Street, with the exception of the genetic Democrats, who would get anywhere near supporting Obama. The hostility to the administration is huge. Dimon will continue to look bipartisan, then work behind the scenes to get a Republican elected.”

  Salon

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• Could Wireless Signals Allow You to be ‘Watched’ Through Solid Walls?
  Posted September 28, 2011 at 8:49 pm by Liz Klimas

  "...could spy on people as they move around a hotel room, for example."

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• Report: Teenage Syrian Girl Decapitated by Assad’s Secret Police
  Posted September 28, 2011 at 8:14 pm by Buck Sexton

  "There are no signs of torture and murder abating in Syria."

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• MSNBC’s Martin Bashir: ‘Go Home, Mr. Christie. Your State Needs You Much More Than America Does’
  Posted September 28, 2011 at 7:42 pm by Tiffany Gabbay

  "...he really ought to stop flirting with donors on the West Coast."

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• Radical Cleric Who Called for Murder of ‘Every Zionist Who Enters Egypt’ Lived & Lectured in America
  Posted September 28, 2011 at 7:07 pm by Billy Hallowell

  ...he has lectured at a local, Islamic elementary school

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• Baby Great White Shark Rescued On Venice Beach Shore
  Posted September 28, 2011 at 7:00 pm by Christopher Santarelli

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• NYC Mayor Tells U.N.: Healthy Foods Are Government‘s ’Highest Duty’
  Posted September 28, 2011 at 6:24 pm by Buck Sexton

  "make healthy solutions the default social option"

  213 Comments »

• Man Charged with Shooting Rep. Gabrielle Giffords Will Soon Be Mentally Fit for Trial
  Posted September 28, 2011 at 6:16 pm by Tiffany Gabbay

  Experts have concluded Loughner suffers from schizophrenia...

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• Rick Perry Now Regrets ‘Heartless’ Immigration Comment During GOP Debate
  Posted September 28, 2011 at 5:39 pm by Billy Hallowell

  "What's really sad is when you reward lawbreakers."

  226 Comments »

• Iraqi Poet in St. Louis Allegedly Had Star of David Carved Into His Back During Attack
  Posted September 28, 2011 at 5:18 pm by Tiffany Gabbay

  He supports Israel and wrote a poem mourning Jewish deaths in the Holocaust.

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• Solyndra Allegedly Violated Loan Guarantee Terms in 2010 but Feds Restructured Anyway
  Posted September 28, 2011 at 4:49 pm by Becket Adams

  ". . . [we] were trying to protect taxpayers."

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• Why Did Glenn Change His Mind on Chris Christie in a Matter of Hours?
  Posted September 28, 2011 at 4:04 pm by Jonathon M. Seidl

  "You hear what he said?"

  288 Comments »

• Seven Arrested in SAT Cheating Ring at Top 100 Public School
  Posted September 28, 2011 at 4:00 pm by Christopher Santarelli

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• Feds: Mass. Man Planned to Blow Up Pentagon
  Posted September 28, 2011 at 3:29 pm by Billy Hallowell

  ...he wanted to deal a psychological blow to Americans, the "enemies of Allah"

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• Amazon Is on ‘Fire’: Your Guide to the New Tablet for Under $200
  Posted September 28, 2011 at 3:21 pm by Liz Klimas

  "We don’t think of the Kindle Fire as a tablet. We think of it as a service."

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• Christians Outraged After BBC Bans Network Mentions of Christ-Centric Timestamps
  Posted September 28, 2011 at 2:45 pm by Billy Hallowell

  "it is appropriate that we use terms that do not offend...non-Christians.”

  242 Comments »

• Federal Judge Allows Key Parts of Ala. Immigration Law to Stand
  Posted September 28, 2011 at 2:07 pm by Jonathon M. Seidl

  Read: The parts the Judge upheld

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• Wife of Mexican Drug Lord Crosses the Border to Give Birth to Twins on U.S. Soil
  Posted September 28, 2011 at 1:54 pm by Christopher Santarelli

  ..."Name of the Father" was left blank on the birth certificates...

  193 Comments »

• Was NC Gov. Perdue Really Joking About Suspending Elections? Listen to the Audio
  Posted September 28, 2011 at 1:09 pm by Jonathon M. Seidl

  "If it was a joke, what was the set-up? What was the punch-line?"

  363 Comments »

• Iranian Pastor Must Disavow His Christian Faith This Week…or He’ll Be Executed
  Posted September 28, 2011 at 12:41 pm by Billy Hallowell

  ...against both Iranian law and the nation's constitution?

  369 Comments »

• Feds Frisk Finance Firm
  Posted September 28, 2011 at 12:12 pm by Becket Adams

  "Today's action comes as a complete surprise."

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• Former Obama Fundraiser Gloria Estefan Turning to…Herman Cain?
  Posted September 28, 2011 at 12:07 pm by Jonathon M. Seidl

  "kind of liking a lot of the message that Cain is talking about"

  --

  Rasmussen Poll: Obama 39% Cain 34%

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