Friday’s Mini-Report


Today’s edition of quick hits:

* Squeezing Tehran: “President Barack Obama said Friday he was plowing ahead with potential sanctions against countries that keep buying oil from Iran, including allies of the United States, in a deepening campaign to starve Iran of money for its disputed nuclear program.”

* Will that send oil prices soaring? Maybe not: “President Barack Obama determined there is enough crude on world markets to take the step without harming U.S. allies.”

* In case you missed the news out of Wisconsin earlier: “A federal judge in Madison on Friday ruled that portions of Act 10 – which removed most collective bargaining for most public employees – are unconstitutional.”

* Pushing back against the rumors: “South Carolina Gov. Nikki Haley strongly denied rumors Thursday that she could be indicted on charges of tax fraud in connection with a Sikh center where her parents are top officials.”

* Congress is out for a recess, but under an agreement reached with the Senate, President Obama will not be making any recess appointments.

* Wall Street: “Rising consumer spending boosted stocks on Friday as Wall Street closed its best first quarter since 1998.”

* Speaking of Wall Street, though initial expectations were that TARP would cost taxpayers $700 billion, the new price tag appears to be $32 billion.

* McCain, Lieberman, and Graham are nothing if not predictable.

* In retrospect, Mr. Elevator For My Cars probably shouldn’t have made fun of John Kerry’s wealth and the size of his house in 2004.

Anything to add? Consider this an open thread.

Friday's Mini-Report