Tuesday, May 22, 2012

MSW Newsletter - Stories of Interest 5/22/12

Here's the second newsletter so far, the plan is to post "stories of interest" a few times a week. Here are a few stories I found that stuck out the most over the past few days, check them out. 

China can now bypass Wall Street when buying U.S. government debt and go straight to the U.S. Treasury, in what is the Treasury's first-ever direct relationship with a foreign government, according to documents viewed by Reuters. The relationship means the People's Bank of China buys U.S. debt using a different method than any other central bank in the world.

U.S. Marines joined American military contractors at a training base nestled in Uganda's rolling countryside about 2 1/2 hours drive from the capital, helping fill gaps where the al-Qaida-linked fighters have found weaknesses. The base, called Singo, was built by the U.S. and is a key part of the Obama administration's strategy to bring stability to Somalia.

Veterans from the wars in Iraq and Afghanistan rallied near the site of the NATO summit in Chicago. The veterans threw their medals toward the summit on Sunday afternoon.

For a law that supposedly sticks it to big business, President Obama’s health care overhaul sure has a lot of industries counting on it for profits. In recent weeks, plenty of new evidence suggests Obamacare was a boondoggle for special interests.

Tuesday brought the dispiriting news that CNN had its lowest-rated week in primetime in a staggering 20 years last week.

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