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Dec 12, 2011
via Tales from the Trail

Gay Vietnam vet tackles Romney

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Republican Mitt Romney probably didn’t know what hit him in a Manchester diner on Monday when he tucked into a booth to make small talk with an older man wearing a “Vietnam Vet” baseball cap.

Romney has been vocal in opposing cuts to U.S. military spending, and chatting up a veteran would seem like an easy warm-up to a day on the campaign trail.

Dec 12, 2011

Romney looks to bounce back after $10,000 bet gaffe

HUDSON, New Hampshire (Reuters) – Republican Mitt Romney was back on familiar turf in New Hampshire on Sunday, looking to steady his White House campaign after a potentially damaging gaffe over a wager he offered at a candidate’s debate in Iowa.

Speaking to reporters after a town hall meeting, Romney made light of the incident on Saturday when he offered to bet Texas Governor Rick Perry $10,000 over what Romney wrote in his book about Massachusetts’ controversial healthcare law that he helped engineer as governor.

Dec 7, 2011
via Tales from the Trail

Romney takes a swing at Obama golf habit

Most presidents have their hobbies. George W. Bush loved to clear brush on his Texas ranch, and to take long mountain bike rides. Bill Clinton played the saxophone. John Quincy Adams reportedly liked to skinny-dip in the Potomac River.

Barack Obama likes to play golf. And Republican challenger Mitt Romney doesn’t approve.

Dec 7, 2011
via Tales from the Trail

Conservatives bash Obama for gay rights stand

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Conservative groups and Republican White House hopeful Rick Perry wasted no time in panning the Obama administration for its move on Tuesday to stand up for gay rights abroad – the first-ever U.S. government strategy to tackle LGBT human rights abuses worldwide.

In an seven-point executive order on Tuesday, Obama told U.S. diplomats and foreign aid workers to do more to advance rights of lesbians, gays, bisexuals and transgendered persons abroad – a move that promotes U.S. human rights policies and speaks to a key Democratic constituency at home.

Dec 6, 2011

S&P hears unusual sound: investor praise on Europe

NEW YORK (Reuters) – Standard & Poor’s Ratings Services is finding itself in a rare position, winning praise for warning it may downgrade the sovereign debt of 15 European countries.

The move, along with a similar warning by S&P that it could cut the credit rating on the euro zone’s financial bailout fund, served as a call to action on the need to truly tackle the euro zone debt crisis ahead of a summit of European leaders on Thursday and Friday.

Dec 5, 2011

U.S. will avoid euro zone contagion: top investors

NEW YORK (Reuters) – The United States faces only limited fallout from the euro zone debt crisis and the struggling European economy, a situation that bodes well for U.S. equity markets in 2012, top U.S. money managers said on Monday.

Hedge fund managers and institutional investors at the Reuters 2012 Investment Outlook Summit in New York said the chances for a recession in the world’s largest economy look very low and Europe’s struggles will be no more than a headwind.

Dec 5, 2011

Penn State punished in bowl sweepstakes after abuse scandal

NEW YORK (Reuters) – Major college football postseason bowls spurned Penn State on Sunday because of the recent sex abuse scandal, and the Nittany Lions instead will play in a far less prominent game than its record suggests.

Jerry Sandusky, 67, a former assistant football coach at Penn State, was charged in November with multiple counts of sexually abusing eight young boys over a 15-year period. Sandusky has denied he abused the boys.

Dec 2, 2011

Herman Cain heads home for “kitchen summit”

WASHINGTON (Reuters) – Republican presidential candidate Herman Cain heads home from the campaign trail to Atlanta on Friday for an unconventional strategy meeting that could decide the fate of his White House bid – with his wife.

The one-time front-runner has been rocked by allegations this week of a long-term extra-marital affair, on top of recent claims of sexual harassment by four women.

Dec 2, 2011

U.S. Republican Cain heads home for ‘kitchen summit’

WASHINGTON (Reuters) – Republican presidential candidate Herman Cain heads home from the campaign trail to Atlanta on Friday for an unconventional strategy meeting that could decide the fate of his White House bid – with his wife.

The one-time front-runner has been rocked by allegations this week of a long-term extra-marital affair, on top of recent claims of sexual harassment by four women.

Dec 2, 2011

The legacy of Romney’s healthcare Rx

BOSTON (Reuters) – For many years, Rebeccah Pearson, a retail store manager in Newburyport, Massachusetts, was among the state residents who had to forego medical insurance. “It was pretty much pay rent and eat, or go to the doctor. I chose the rent and food,” she recalls. “I would have to save up for two months before going to the doctor because it was ridiculously expensive.”

When the state enacted comprehensive healthcare reform in 2006, Pearson, then 30, was able to buy into a subsidized Commonwealth Care insurance program. Then she made her first doctor’s visit in several years, complaining of fatigue.

    • About Ros

      "Ros Krasny is Boston Bureau Chief, leading coverage of the New England scene. She was previously a regional Federal Reserve correspondent based in Chicago, and spent many years writing about agricultural commodity markets with Bridge News and Knight-Ridder Financial news."
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