Forums: Warning Light

Fed chief Bernanke issues debt warningBy North America correspondent Jill Colgan, ABC February 3, 2012, 11:08 am United States Federal Reserve Chairman Ben Bernanke has warned that the US economy could face the same fate as troubled European countries if it fails to curb its growing debt. Mr Bernanke delivered a sobering assessment of the economy that defies recent attempts by the Obama administration to talk up the economic turnaround. Testifying before a House Budget Committee, he said the pace of recovery had been "frustratingly slow". He urged lawmakers to be more aggressive in reducing the nation's $15 trillion debt...

DOWNTOWN CLEVELAND, OH (WOIO) - Safety inspectors are on site of the Horseshoe Casino in downtown Cleveland. This after rescue crews were called Friday to Ontario and Prospect for a collapse near the Horseshoe Casino construction site. According to officials with Rock Gaming LLC the collapse happened across from Higbee building, on the site of the parking structure that is currently being erected. The collapse happened around 3:00 PM. There were 22 workers below when the floor with tons of steel, iron, and concrete, came crashing down above them. "They were pouring the concrete in the second floor and there...

Consider yourselves warned. @GridlockSam, our favorite source of New York City traffic information, calls today "the gridlock alert day of the decade." It's going to be a traffic nightmare today as President Barack Obama is in town for three fundraisers, coinciding with the annual lighting of the Rockefeller Center Christmas Tree. Obama is landing at JFK around 5 p.m., choppering in Marine One to Wall Street, and then attending three events in Greenwich Village, the Upper East Side, and West Midtown. Each neighborhood will be subject to a traffic freeze while the President is on the move. Plus, the area...

FULL TITLE: 'This isn't a party town!' Mayor warns Prince Harry not to 'fornicate the night away' as he settles into sleepy Arizona township He has already made a splash in the States, drinking until dawn and kissing a heavily tattooed cocktail waitress. But party loving Prince Harry has been ordered to be on his best behaviour while he trains in a heavily Christian desert town. Indeed the Mayor of Gila Bend, a tiny community in the heart of the Arizona desert, has warned that the lively British royal risks being taken to task by more than one angry father...

WASHINGTON (Reuters) - President Barack Obama hailed Muammar Gaddafi's death on Thursday as a warning to authoritarian leaders across the Middle East that iron-fisted rule "inevitably comes to an end," and as vindication for his cautious strategy toward Libya. Obama joined U.S. politicians and ordinary Americans in welcoming the demise of Gaddafi, who was for decades regarded as a nemesis of American presidents, and also claimed some of the credit for the Libyan strongman's downfall. ... "This marks the end of a long and painful chapter for the people of Libya who now have the opportunity to determine their own...

An unknown number of the over 1,000 terrorists who are to be freed in exchange for Gilad Shalit will be allowed to return to Jerusalem. A group of concerned residents has responded by announcing the creation of an informal “terrorist warning system.” The system is simple: activists will keep tabs on freed terrorists, and will alert the public if they attempt to enter public areas or use public transportation. In addition, the terrorists’ pictures and personal information will be made available.... “The public does not know them, and they could wander freely. People do not realize that these are terrorists...

Funny, Former White House Chief of Staff Rahm Emanuel just can’t remember a darn thing about White House involvement in the $535 Department of Energy loan to bankrupt solar company Solyndra. In an interview with Chicago radio station WLSAM on Tuesday, now-Chicago Mayor Emanuel said that, while he can’t remember anything about Solyndra because he’s so terribly focused on being mayor of Chicago, the investment had nothing to do with “warning signs.” Emanuel originally dodged questions about Solyndra when asked by WSLAM about it several weeks ago, saying, “I don’t actually remember that or know about it.”