Mitt Romney’s presidential campaign has received donations from 67 Wall Street executives who gave to President Obama in 2008, The Hill reported today. Romney, who has often criticized the Dodd-Frank financial reform law signed by Obama, collected $147,000 from the donors, whose employers include Goldman Sachs, Credit Suisse, and other banks, equity firms, and hedge-fund managers.
The economic recovery is likely to be one of the longest and most difficult in American history, according to studies by a group of economists. Full recovery could take years, the economists say, due to the severity of the recession and the accompanying banking crisis. Said one economist: “The first lesson is don’t expect miracles.”
Libyan rebels are making what is considered their final push in the capital of Tripoli, as it now seems all but certain that president Muammar Qaddafi will be deposed. “The zero hour has started. The rebels in Tripoli have risen up,” said Abdel Hafiz Ghoga, a spokesman for the National Transitional Council, which represents the rebels.
110 people were arrested over two days of environmental protests this weekend at the White House. The protesters are calling for President Obama to reject TransCanada’s proposal for a 1,700 mile-long tar sands pipeline that would stretch from Alberta, Canada to refineries in the United States. See ThinkProgress coverage here.
Rep. Michele Bachmann (R-MN) blamed her frequent gaffes on her busy speaking schedule, saying Friday in South Carolina, “When you speak six times a day, slip-ups can occur.”
House Republicans are accusing President Obama of a “blatant attempt” at amnesty after he announced new rules to review deportations on a case-by-case basis last week. GOP Reps. Peter King (NY) and Candice Miller (MI) called the “non-enforcement policy” “totally unacceptable” because they believe it will “grant amnesty to potentially millions of illegal aliens in this country.”
After launching a 14-day strike this month, Verizon workers will return to work tonight without reaching a deal on health care benefits, pensions, and work rules. Verizon and the union workers say “they have agreed to narrow the issues in dispute and have set up a process to negotiate a new contract.”
And finally: Long-shot presidential candidate Gary Johnson often brags about his athleticism, including climbing Mt. Everest, but on Friday he admitted he never quite made it to the summit, offering this eyebrow-raising metaphor on the near miss: “I did not conquer Mt. Everest. She lifted her skirt and I got in there and got a peek,” Johnson said.