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10:01pm

Tue November 15, 2011
It's All Politics

Illegal During Watergate, Unlimited Campaign Contributions Now Fair Game

Originally published on Wed November 16, 2011 2:23 pm

President Richard Nixon faced television cameras in the Oval Office on April 30, 1973 to announce the departure of his two closest assistants in the deepening Watergate scandal.
CBS AP

The 2012 presidential campaign is already being shaped by new rules for political money. The Supreme Court's Citizens United ruling allows corporations to jump into the presidential contest, as lower-court rulings and the Federal Election Commission provide new avenues through which corporate money can flow.

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10:01pm

Tue November 15, 2011
Politics

Keynes' Consuming Ideas On Economic Intervention

The ideas of John Maynard Keynes, seen here around 1940, had great influence over the economic policies that followed the Great Depression and World War II.
Walter Stoneman Getty Images

The last in a three-part series on thinkers who have had a lasting influence on economic policymakers. Other stories featured Ayn Rand and Friedrich Hayek.

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10:01pm

Tue November 15, 2011
Around the Nation

New York Town Pulls Funds From Big Bank

Originally published on Wed November 16, 2011 10:08 am

The Village of Hempstead, N.Y., sounds like a posh resort in the Hamptons. But if you ride the train an hour east from Penn Station, what you'll find is a working-class town of about 54,000 people, more than 80 percent of them African-American and Hispanic.

Nearly a third of local residents are underwater on their mortgages, six times the state average. Mayor Wayne Hall says he heard story after story from local residents who tried to get banks to refinance their loans but couldn't. Finally, Hall got fed up.

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10:01pm

Tue November 15, 2011
Law

Penn State Scandal Emboldens Other Abuse Victims

The man said the advances began when he was 10 years old. He was a fourth-grader and an altar boy at a Catholic school in Hudson, Mass. He said the priest would try to touch the altar boys when they were putting on their robes, and he'd invite them to the rectory, one at a time.

"He'd want to show us pornographic magazines, and ask us to take our pants down, and he'd take his pants down and expose himself and things like that," he said.

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10:01pm

Tue November 15, 2011
Middle East

Egyptian Groups Plan Mass Anti-Military Protests

Egyptians attend a rally calling for a rapid transition from military to civilian rule in following the February ouster of president Hosni Mubarak in Cairo's Tahrir Square.
Mahmud Hams AFP/Getty Images

Political parties, activists and Islamist groups in Egypt are threatening more mass protests in Cairo and other cities Friday against a document drafted by the interim government that would enshrine the powers of the Egyptian military.

It's the latest clash between Egypt's pro-democracy factions and the ruling military council, which is accused of clinging to power despite its pledge to cede control to an elected government.

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