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Tuesday, March 15, 2011

Daily Political Wire

George Wenschhof

Nuclear Crisis Continues in Japan -
four nuclear plants have been damaged significantly and desperate attempts are being made to keep radiation leaks at a minimum. Meanwhile, the japan stock exchange has lost 30% since the earthquake hit the country. Reuters.com has an update here.

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New York Stock Exchange Invokes Rule 48 to Slow Drop -
Dow was down 273 at the open and rule 48 was invoked to slow down a run on the market. As I predicted yesterday, this comes as a result of the disaster in Japan. Bloomberg.com has more here.

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Obama Works to Receive Attention and Support to End "No Child left Behind" -
the president follows up on his announcement yesterday with a series of interviews today. he is calling for Congress to end "No Child Left Behind" as he wants to see education reform. politico.com has more here.

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Kaine Tells Students He is Running For Senate -
during a speech to University of Richmond students. What has been widely rumored, the DNC chair is now likely to make it official in the near future. He would face the presumptive Republican nominee George Allen. The other hot rumors surround who will be Kaine's replacement. You can read more here.

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House Republicans Want To Repeal Wall Street Reform Bill -
The Dodd-Frank Act faces repeal by a series of five bills put forward by House Republicans. TheHill.com has more here.

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Hillary Clinton in Cairo - all reports indicate the U.S. is not officially endorsing a no-fly zone in Libya. Instead, the U.S. will let the debate take place in the United Nations, where it is expected to be stopped by a veto by China. You can read more
here.

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