
(CNN) - With the vice presidential selection process perhaps nearing its end, Gov. Kathleen Sebelius, D-Kansas, appeared with a high profile Republican guest Wednesday.
Sebelius, thought to be a possible choice as Barack Obama’s running mate, introduced T. Boone Pickens at a town hall in Topeka that focused on his new energy plan.
“We have a crisis in America, no question,” the Democratic governor told the crowd, “It’s pretty simple to understand. We’re borrowing money from China to import 70 percent of oil, much of it from nations that don’t like us very much. And when we burn it, it harms out planet. Now, if that doesn’t seem like a lose-lose-lose situation to you.”
Pushing the Pickens proposal, Sebelius said, “I think we’re right in the middle of a big hole..when you’re in a hole, you stop digging.”
Pickens is calling for an investment plan to make wind and natural gas the main sources of energy in the United States. He told The Hill this week, “I’ll vote for McCain. But I’m not working on his campaign….I don’t see a plan by either Obama or McCain that is going to solve the $700 billion problem. Neither one of them address that.”
But he had words of praise for Sebelius, saying, “you know it, but you have a fabulous governor. Smart, working for Kansas, and highly intelligent.”
(CNN) - Former president Bill Clinton earned $10.1 million in 2007 from paid speeches, according to Sen. Hillary Clinton’s U.S. Senate financial disclosure reports released Wednesday.
Clinton delivered a total of 54 paid speeches in 12 states, the District of Columbia, and 11 countries. His haul from speaking fees for 2006 was $10.2 million.
His most expensive address was delivered on August 14, 2007, in London to AEG, a Los Angeles-based entertainment company, for $425,000. The former president earned $150,000 for 31 of his 54 speeches and an overall average of $186,759.26 per speech. He did not deliver any paid speeches for less than $100,000 in 2007.
The groups he addressed last year include large companies, such as General Electric (delivered on January 13 for $150,000) and Goldman Sachs (delivered on March 1 for $150,000); civic organizations, such as the Boys and Girls Club of Los Angeles (delivered on March 6 for $150,000); and media organizations, such as TVLand (delivered on March 23 for $150,000) and KCBS Radio in San Francisco (delivered on April 14 for $150,000).
Just over half of Clinton’s income from paid speeches came from overseas. He earned a total of $5,150,000 from speeches in 10 countries: Canada (six speeches for a total of $1.1 million); Denmark (three speeches for a total of $790,000); Great Britain (2 speeches for a total of $595,000); Germany (one speech for $250,000); Greece (one speech for $300,000); Hungary (one speech for $275,000); Korea (one speech for $150,000); the Netherlands (one speech for $250,000); Norway (three speeches for $870,000); and Sweden (two speeches for $595,000)
WASHINGTON (CNN) - Indicted Sen. Ted Stevens will make his first court appearance Thursday afternoon in Federal District Court in Washington, according to court records.
The Alaska Republican was indicted Tuesday on charges of lying about receiving gifts from an Alaska-based energy company on whose behalf he intervened in Washington.
Stevens has denied the charges.
"I am innocent of these charges and intend to prove that," the veteran lawmaker said in a written statement Tuesday.
He told reporters Wednesday he would make a statement later, but refused to elaborate.
The seven-count indictment says Veco Energy paid for hundreds of thousands of dollars worth of work on Stevens' home over a period of about seven years. It says that he made false statements regarding the property on his mandatory Senate financial disclosure forms.
Stevens is to appear Thursday before Judge Emmet G. Sullivan after an interview with court authorities in the morning, according to an order signed by Sullivan.
NEW YORK (CNNMoney.com) – President Bush on Wednesday signed into law a sweeping housing bill that aims to boost the struggling housing market and bolster mortgage finance giants Fannie Mae and Freddie Mac.
The Senate voted 72-13 in favor of the bill on Saturday, after the House passed it three days earlier.
"We look forward to put in place new authorities to improve confidence and stability in markets, and to provide better oversight for Fannie Mae and Freddie Mac," said White House spokesman Tony Fratto. "The Federal Housing Administration will begin to implement new policies intended to keep more deserving American families in their homes."


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