American Security Council Foundation (ASCF)

FEATURED NEWS POST

One quarter of Lockheed executives take buyout offer

By The Washington Post September 8, 2010 @ 1:25pm

Bethesda-based contracting giant Lockheed Martin announced Wednesday that more than 600 executives have taken the company up on an early-exit program that provides financial incentives in exchange for leaving.

The total represents about 25 percent of all company executives and follows Lockheed's move to cut its workforce nationally by about 10,000 since the beginning of last year.

Iran suspends plans to stone a woman to death for adultery

By USA Today September 8, 2010 @ 1:20pm

Iran has suspended plans to stone to death a 43-year-old woman convicted of adultery, Iran Press TV reports.

The Iranian news agency quotes Iranian Foreign Ministry spokesman Ramin Mehmanparast as saying the adultery conviction against Sakineh Mohammadi Ashtiani is being "reviewed."

Pakistan bombing kills at least 14

By The Los Angeles Times September 8, 2010 @ 1:18pm

A powerful suicide bomb blast Tuesday tore through a police compound in the northwestern Pakistani town of Kohat, killing at least 14 people, the latest in a string of attacks carried out by Islamic militants as the government and security forces are struggling to cope with this summer's catastrophic floods.

The bombing in Kohat, situated between Taliban strongholds in Pakistan's tribal areas and the volatile city of Peshawar, was the fourth such strike in the country in a week. At least 102 people died in those blasts.

Boehner goes on media offensive as Obama goes to Cleveland for economic recovery address

By The Los Angeles Times September 8, 2010 @ 1:16pm

House Republican Minority Leader John Boehner and President Obama will go toe to toe Wednesday over economic issues and whether to allow the Bush-era tax cuts for the rich to expire.

With about eight weeks to go before the midterm elections, Boehner took to the airwaves to call for extending the tax cuts, due to expire in months.

With Elections Looming, Congress Is Unlikely to Act Soon

By The Wall Street Journal September 8, 2010 @ 1:10pm

Congress is unlikely to quickly pass President Barack Obama's latest proposals to jump-start the economy, reflecting the president's weakened political position and a bruising election just two months away.

Mr. Obama travels to Cleveland to deliver a key-note economic speech Wednesday that will outline plans to enhance and permanently extend the research and experimentation tax credit, allow businesses to write 100% of their investments off their taxes through 2011, and pump another $50 billion of infrastructure spending into the economic bloodstream.