Daily Political Wire

George Wenschhof

Obama Supports Rebels as Gaddafi Loses Control of Tripoli - the 42 years of rule by Muammar Gaddafi of Libya is coming to an end as rebels now control major sections of Tripoli. Reports indicate two of Gaddafi's sons are now in the custody of the rebels.

Britain has announced it will soon release their freeze on Libyan assets so the new rebel provisional government may use as they move to restore order in the country. Reuters.com has more here.

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Another 1.2 Trillion was Spent to Bail out Banks - Bloomberg.com is reporting another 1.2 Trillion of previously undisclosed government funds were used to aid the financial industry in the midst of the housing and mortgage crisis. You can read more here.

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What Will be in Obama Economic Plan? - is the question as the economy continues to sputter. E.J. Dionne has a good editorial in the Washington Post today - you can read it here. Much of what he states supports my call for a federally funded public service employment program.

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Cummings Urges Obama To Fight Harder for jobs - yesterday on CNN "State of The Union", Maryland Representative Elijah Cummings urged the president to do more, pointing out unemployment among African-Americans was much higher. TheHill.com has more here.

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Rove Says Palin Will Run - Republican adviser Karl Rove says all indications are Sarah Palin will enter the Republican field for president. She obviously sees what everyone else sees; a weak Republican field. Look to see her announce by the end of September. CNN.com has more here.

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Charges Against Dominique Strauss-Kahn Expected to Be Dropped - prosecutors are expected to drop their charges of sexual assault against the former head of the International Monetary Fund. You can read more here.

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Race for Vacant Weiner Seat a Harbinger for 2012? - the N.Y. congressional seat has long been held by Democrats and is known as a solid blue district. However, the latest polls are indicating a closer than expected contest between Democratic David Weprin and Republican Bob Turner. A recent poll, with a margin of error of 4 points showed Weprin leading by a mere 6 points for the special election to be held September 13. Stay tuned... The NY Times has more here.

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