This is the lead article in the Progress Report, but there are quite a few good tidbits in that report. Check it out if you have the time.
http://www.americanprogressaction.org/site/apps/nl/newsletter2.asp?c=klLWJcP7H&b=917053Federal prosecutors have already secured a guilty plea from former Rep. Randy "Duke" Cunningham (R-CA), who had admitted to "to taking more than $2 million in bribes in a criminal conspiracy involving at least three defense contractors." But the investigation is far from over. In the end, two powerful House chairman -- Rep. Duncan Hunter (R-CA) of the Armed Services Committee and Rep. Jerry Lewis (R-CA) of the Appropriations Committee -- could become ensarled in the legal probe. Both men have close connections to military contractor Brent Wilkes -- who is referred to as "co-conspirator No. 1" in Justice department documents -- and who provided more that $630,00 in cash and favors to Cunningham "for help in landing millions of dollars in federal contracts."
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Here's another note!
LABOR -- JOB GROWTH SLOW IN DECEMBER: Looks like President Bush's boasting came too soon. "President Bush and his top economic team made plans before Friday's reports were even out to fan out across the country to trumpet positive new numbers," reports the Associated Press. But the new job numbers should disappoint Bush. The Labor Department's report was "a net gain of 108,000 jobs in the month
, compared with a revised gain of 305,000 jobs seen in November." The past month's job numbers fall far short of the White House's hopes and economist expectations, who predicted the job gain to reach 200,000 jobs. "Unfortunately, December’s disappointing result has been the rule more than the exception since March 2001, when this business cycle began," points out American Progress economist Christian Weller. "Since March 2001, jobs grew by 0.03 percent per month, about one-seventh of the historical average. This employment record is still the weakest of any business cycle since World War II."