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    • killer of Rainier ranger reportedly found dead
      Authorities say the body of an Iraq war veteran suspected in the slaying of a Mount Rainier National Park ranger was believed to have been found dead. He apparently died after trudging into chest-deep snow while trying to elude snow-shoe wearing SWAT team members and other police who were on his trail. Twenty-four-year-old Benjamin Colton […]
    • North Korean upheaval hits Asian tech markets
      Several large publicly trading technology companies in Asia have seen a drop in share value today following the announcement of the death of Kim Jong-il, North Korea’s leader. Smartphone giant Samsung saw a drop of 3.6 percent in large cap stocks. Stocks in LG Electronics also dropped 4.7 percent, and LG Display fell 5.3 percent […]
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    • VIDEO: Stamp duty holiday ends February 11, 2012
      First-time buyers are being urged not to rush into hasty property transactions just to benefit from the stamp duty holiday which is due to end next month. […]
    • Greek cabinet approves new cuts February 11, 2012
      Greece's cabinet approves a draft bill committing to austerity reforms required to get new bailout funds, amid warnings of "chaos" if parliament fails to ratify. […]
    • VIDEO: Greek cabinet agree austerity plan February 11, 2012
      The Prime Minister of Greece, Lucas Papademos, has insisted his country must do "whatever it takes" to avoid bankruptcy and catastrophe. […]
    • New deals as stamp duty holiday ends February 11, 2012
      Buyers are being urged not to rush into hasty property transactions just to benefit from the stamp duty holiday which is due to end next month. […]
    • Downgrade for most Italian banks February 10, 2012
      The credit ratings agency Standard and Poor's has downgraded its assessment of almost all of Italy's major banks. […]
    • Network Rail pay chief to stay February 10, 2012
      Network Rail dismisses calls for the chairman of its remuneration committee to step down following the controversy over executive bonuses. […]
    • VIDEO: 'Don't forget tax from bonuses' February 10, 2012
      Each million paid in bonuses is worth over £600,000 in taxes, says Michael Spencer, head of financial services company ICAP and former fundraiser for the Conservatives. He tells Evan Davis why the British taxpayer should be careful what they wish for when bashing the bonus culture. […]
    • De Beers annual profits jump 62% February 10, 2012
      Diamond producer De Beers has announced a surge in annual profits as Chinese and US shoppers snapped-up its gems. […]
    • AUDIO: What are cold weather payments? February 10, 2012
      A benefit and tax credit entitlement advisor told Radio 5 live Wake Up To Money how cold weather payments work. […]
    • Small business loan target missed February 10, 2012
      The five main UK banks missed their Project Merlin target for lending to smaller firms, but exceeded the overall lending target, BBA figures show. […]

2008 Election Guide: Obama vs. McCain

Barack Obama,
Democrat

John McCain,
Republican

ECONOMY Plans to repeal Bush’s tax cuts for rich households while helping middle-class households cope with financial issues with targeted tax relief. Obama also plans to renegotioate free trade and reform healthcare. Plans to keep Bush’s tax cuts while abolishing the Alternative Minimum tax to lower taxes for middle-class family, as well as reducing government spending. McCain also plans to focus on reforming healthcare and social security.
WAR IN IRAQ Obama believes there is no military solution for Iraq and has opposed the war from the beginning. He would pull all troops out of combat operations within 16 months of taking office through phased withdrawal. McCain backed Bush’s troop escalation, and believes US forces should remain in Iraq until the country can defend itself Under his presidency, he predicts most would be withdrawn by 2013.
IRAN Believes that, if offered incentives, Iranian leaders would change their behaviors, and would meet them without preconditions. Obama favors “aggresive personal diplomacy” and has not ruled out military option. Opposes unconditional diplomacy and will use military action if deemed necessary to prevent nuclear arms in Iran. Would try to escalate economic sanctions against Iran using a league of democracies.
NATIONAL SECURITY Voted to re-authorize the Patriot Act in 2006 after criticizing it previously. Would allocate national securty funding to the most at-risk areas. Voted against bill to ban water boarding in 2008, but plans to prevent the CIA from using “cruel, inhumane, or degrading treatment.” Is a former Vietnam POW.
GLOBAL WARMING Wants to invest $150 billion in clean energy over the next decade. Wants the US to lead a global effort to combat global warming, starting with a 80% decrease in US greenhouse gas emissions by the year 2050. Wants all changes to work together, especially China and India, to reduce greenhouse gas emissions. Admits that climate change is, indeed, “real and devastating.”
HEALTH CARE Would only make insurance compulsory for children, but backs universal coverage. Would instate subsidies to mage coverage more affordable and prevent insurers from refusing coverage to people with pre-existing conditions. Would offer tax incentives to encourage people to get personal health insurance. Continues to support healthcare for military veterans.
ILLEGAL IMMIGRATION Believes offering an opportunity for citizenship to illegal immigrants who pay a fine does not amount to amnesty. Wishes to police the US/Mexican border more heavily, and backs stricter penalties for those who employ undocumented workers. Supports amnesty to illegal immigrants, as well as heavier border control. Supports offering a path to citizenship to illegal workers already in the US.
ABORTION Supports women’s choice in conjunction with counseling from doctors and clergy. Opposes the Supreme Court’s ban on late-term abortion. Previously supported Roe vs. Wade, but now wishes to overturn it. Supports ban on late-term abortion. Wishes to aid statewide efforts to boost adoption.

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