Daily Political Wire

George Wenschhof

Colorado Legislature Rejects Civil-Unions - a House committee, with a 5-4 vote, kept the bill from going in front of the full House for a vote.  The state senate had already passed the measure and passage was anticipated by the House, before Republicans on the committee blocked the bill from moving forward.  Colorado is one of a dozen critical swing states in the presidential election.  Politico.com has more here.

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Ron Paul Suspends Campaign - finally acknowledging the inevitable.  Representative Ron Paul (R-Tex.) said he no longer had the money to campaign in the remaining primaries.  The Fix has more here.

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Past Time To Reinstate Glass-Steagall Act - the lastest revelation of the $2 Billion loss by JP Morgan Chase resulting from risky investments in derivatives clearly shows why Glass-Steagall needs to be reinstated.  Wall Street lobbyists have worked hard at diluting the regulations from the Dodd-Frank bill, including those dealing with investments in derivatives.  TheHill.com has more here.

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French President Hollande Calls for European Pact For Growth - to balance out the Germany led austerity measures.  The newly elected President, in his inaugural address, vowed to delay ratifying a Germany led austerity budget treaty until Germany accepts growth and job creating measures.  Reuters.com has more here.

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Still No Agreement on Government in Greece - repeated talks with the three different major political parties have failed to result in a coalition government, making a new election vey likely.  Thursday is the deadline to form a coalition government.  CNN.com has more here.

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Maryland Special Session Convenes to Raise Taxes - Democratic Governor Martin O'Malley called the three day special session in order to avoid draconian cuts.  While, some disagreement still exists among Democratic lawmakers, look to see taxes raised on high earners.  The Baltimore Sun has more here.

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