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Palin to eat fried butter in Iowa

08/10/11 11:12PM

The Sarah Palin “One Nation” publicity bus tour rolls into Iowa later in the week. While not running for president, she plans to join fellow Republicans who have descended upon The Hawkeye state for a visit to the Iowa State Fair (I’m sure actual candidates will love that).Team Palin released a teaser trailer of sorts today on her travel plans, tossing out Midwestern imagery like Abe Lincoln, corn fields and combines. In an email to SarahPAC supporters and on her Facebook page, she confirmed it.“We are very happy to jump back on the bus for another leg of our "One Nation Tour"! read more

Super committee co-chairs Sen. Patty Murray (file) and Rep. Jeb Hensarling (file)

Debt super committee takes shape

08/10/11 05:24PM

Congressional leaders appointed nearly all of the members on the Joint Select Committee on Deficit Reduction. We're still waiting on House Minority Leader Nancy Pelosi's three appointees. Those are expected to come in soon.Comprised of 12 members, the bi-partisan committee is equally divided between Democrats and Republicans and each chamber. They've got until Thanksgiving to figure out at least $1.2 trillion dollars in government savings.Today, House Majority Leader John Boehner appointed Rep. Jeb Hensarling to serve as a co-chair. He's also the Republican Conference Chairman. read more

First Word: August 10, 2011

08/10/11 03:16PM

More names are starting to trickle in on the debt super committee. Plus, we'll have more on the Wisconsin recall election results tonight. Here's a look at stories shaping the Wednesday rundown so far.Boehner, McConnell announce picks for deficit super committeeFor Tim Pawlenty, it's Ames or bustMichele Bachmann repeatedly sought stimulus, EPA, other government fundsDemocrats fall short in Wisconsin recall elections Poll: Record low inclined to reelect congressional representativesOverriding a key education law read more

Obama campaign on the offense

08/09/11 09:19PM

Politico reported the Obama campaign has a new tactic: Make people think Mitt Romney is weird and socially awkward. msnbc's Lawrence O'Donnell discusses this strategy with msnbc contributor Jonathan Alter. read more

A smartly dressed customer enters an Apple store. (file)

World's most valuable company?

08/09/11 08:21PM

For a short time today, Apple's rising stock price pushed its value past Exxon Mobil making it — for a time — the most valuable company on the planet. According to our colleagues over at CNBC, just before 2pm ET Apple's stock price hit $365.10 bringing the company's total market cap close to a whopping $338 billion. read more

Wishing for a downgrade?

Wishing for a downgrade?

08/09/11 08:00PM

Speaker John Boehner was not the only one who got 98 percent of what he wanted out of the debt deal. MSNBC’s Lawrence O’Donnell explains why Fox News got... watch