Daily Political Wire

George Wenschhof

Obama Addresses UN This Morning - a busy day for the President as he also attempts some one on one talks with Palestine Authority President Mahmoud Abbas and Israel Prime Minister Benjamin Netanyahu. Obama wants to avert the statehood bid by Palestine set for Friday. If Palestine moves forward, the U.S. will veto the effort, causing even more confusion to a already difficult Middle East situation. The BBC.com has more here.

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Solyndra Executives To Use Fifth Amendment Rights - when appearing today in front of a House committee investigating the failed company's receipt of 500 million in federal loans. Stay tuned as this may easily become a 2012 campaign issue. The Washington Post has more here.

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Eyes on The Federal Reserve - as they meet for the next two days to discuss U.S. monetary policy. Several Republican leaders have sent a letter asking that no further action be taken at this time, fearing inflation would be the result. Indications are Federal Reserve Chair Ben Bernanke will announce a shift in U.S. investment strategy aimed at furthering lowering interest rates. Meanwhile, economists are saying the odds of the U.S. slipping into another recession is one in three. TheHill.com has more here.

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U.S. Hikers Freed in Iran - held for the last two years and charged with espionage, they were freed on bail estimated to be $500,000 to $1,000,000. You can read more here.

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