POLITICAL HOT TOPICS: Friday, May 4, 2012
May 4th, 2012
04:27 AM ET
2 years ago

POLITICAL HOT TOPICS: Friday, May 4, 2012

The CNN Washington Bureau’s morning speed read of the top stories making news from around the country and the world. Click on the headlines for more.

WASHINGTON/POLITICAL:

CNN: Gingrich says he's already endorsed Romney, still critical
A day after a seemingly lukewarm embrace of presumptive GOP nominee Mitt Romney, Newt Gingrich said Thursday he had fully endorsed the former Massachusetts governor and would enthusiastically campaign on his behalf.

CNN: House committee weighs Holder contempt resolution
The top Republican on the House Oversight Committee is moving to hold Attorney General Eric Holder in contempt of Congress for failing to cooperate in the panel's investigation of the controversial "Operation Fast and Furious" weapons sting.

CNN: Wisconsin recall will have wider impact
When voters in Wisconsin decide whether to recall Gov. Scott Walker next month, they'll also be shaping the dialogue going into the fall. The recall vote is considered the first major one in this presidential election year and powerful forces are lining up behind the two sides in the debate over whether taxpayers should fund public worker unions' collective bargaining rights.

CNN: Poll: Obama ahead of Romney in Virginia
As President Barack Obama and Mitt Romney campaign in Virginia this week, a new poll shows the president with a seven point advantage over his likely opponent in the Commonwealth.

NATIONAL:

CNN: Judge postpones liability trial in BP Gulf oil spill
A federal judge in Louisiana on Thursday rescheduled the liability trial in the BP oil spill in Gulf of Mexico and postponed it to early next year from later this year. BP earlier asked the court to delay the liability trial until it decides whether to grant final approval to a class-action settlement that BP reached with attorneys representing thousands of businesses and individuals who made claims after the 2010 spill.

CNN: FAMU hazing suspects turning themselves in
Eight of the 13 people facing hazing charges after the death of a Florida A&M University band member had turned themselves in by Thursday afternoon, a state police spokeswoman said. All eight who have surrendered so far face felony charges in the November death of 26-year-old Robert Champion, said Gretl Plessinger, a spokeswoman for the Florida Department of Law Enforcement.

CNN: Rules 'holdup' puzzles food industry and food-safety advocates
Most of the provisions in a landmark food safety law which passed 16 months ago still haven't gone into effect and are stuck in a rule-making process at the White House, four months overdue. That leaves 80% of the U.S. food supply operating largely under safety laws dating from the Great Depression, and safety advocates and the food industry alike are puzzled.

CNN: Ex-government worker sentenced for stealing recordings
A former employee of the National Archives was sentenced Thursday to 18 months in prison for stealing rare recordings from the government to sell on the Internet. Leslie Waffen, 67, of Rockville, Maryland, pleaded guilty in October to an eight-year scheme to embezzle historic recordings donated to the government in order to peddle them on eBay.

INTERNATIONAL:

CNN: Bin Laden's letters reveal a terrorist losing control
A trove of never-before-seen letters by Osama bin Laden portray the terrorist leader as an irritated boss chiding his underlings for mistakes yet sure that they could pull off elaborate attacks against the United States.

CNN: China says activist 'can apply' to study abroad
China said Friday that the Chinese activist at the center of a diplomatic storm has the right apply to study abroad after he told U.S. lawmakers that he wants to leave his homeland for the United States. If Chen Guangcheng wants to go overseas to study, "as a Chinese citizen, he may apply like other Chinese citizens according to the laws and normal procedures of the relevant departments," Liu Weimin, a spokesman for the Chinese Foreign Ministry said in a statement posted on the ministry's website.

CNN: Prosecutor recommends 80 years for Charles Taylor
Former Liberian President Charles Taylor should receive an 80-year sentence for his conviction for aiding and abetting war crimes in neighboring Sierra Leone's civil war, the chief prosecutor in the international court case recommended Thursday.

CNN: With Gitmo hearing, a legal 'circus' resumes
The Obama administration's struggle over how to handle the prisoners and prison at Guantanamo Bay, Cuba, enters a new chapter Saturday when a military judge there will convene an arraignment for Khalid Sheikh Mohammed and four other men for their alleged roles in the September 11 terrorist attacks.

BUSINESS:

CNN Money: Stocks stumble ahead of April jobs report
U.S. stocks stumbled Thursday, as investors digested conflicting economic data ahead of Friday's all-important jobs report. The day started on an optimistic note, as a decline in weekly jobless claims lifted hopes ahead of the April jobs reading, due Friday morning.

CNN Money: AIG inches closer to paying back bailout funds
American International Group posted first-quarter profits on Thursday that rose sharply versus last year, as the bailed-out insurer inches closer to paying back the U.S. government. The boost came through lower catastrophe claims, after the tsunami disaster in Japan ate into insurers' profits early last year, as well as investment gains.

CNN Money: Zuckerberg to raise $1 billion cash from Facebook IPO
The Facebook CEO plans to sell 30.2 million shares of his stake in the social network when it publicly offers its stock later this month. If the company's IPO prices at the top of its $28 to $35 per-share range, Zuckerberg would pocket $1.1 billion. However, most of that cash will go straight to Uncle Sam and California.

In case you missed it…
Former GOP candidate Newt Gingrich gives his two cents on who should be on the short list for Romney's running mate.


Filed under: Political Hot Topics
soundoff (3 Responses)
  1. Marlee

    al queda has taken root in Africa and Indonesia-far from defeated. The taliban will take back over Afghanistan as soon as we pull out. US foreign policy breeds terrorists. ~beams out liberty signal~ we need a hero! Out of the distance comes a man, a simple and honest man. "Get on your bikes and ride"! The Doctor is in! Ron Paul 2012

    May 4, 2012 06:30 am at 6:30 am |
  2. Another Day in the RW Idiot MInes

    Hot Topics for today . . . .

    The GOBP's new campaign slogan: "Take America Backwards!"
    The GOBP's new campaign strategy: "Hype and Blame"

    May 4, 2012 07:01 am at 7:01 am |
  3. ladyjag

    God help us if Romney wins, he is a liar, a thief and no good. We can only hope the ll the repubs are booted this year. They have done enough to our countr and destroyed so much, let's hope they on't destroy what is left. Who cares who endores this nut cake, it is all for the prty. give me a break.

    May 4, 2012 08:03 am at 8:03 am |