President Obama’s next move on leadership for consumer finance …

As expected, last week the Senate Republicans blocked President Obama's nomination of Rich Cordray to lead new consumer financial protection Bureau (CFPB). They kept the hostages, took the unprecedented step of blocking his first body weakened. unless

However, there are a few little signs that Republicans feel some heat over American consumers against them. On the eve of voting, Ohio Senator Rob Portman has said that even if the Republican filibuster held, he did not think Cordray's the nomination is dead and he will be supported, which makes three Cordray Republican Senator who has been showing signs of strain.

The key question is, what's next for nominees Cordray? Will President Obama's press and won the nomination, profit or will attempt to stall?

The President has two good options. One is to appoint the next Senate Cordray during the break, which means by 3 January. The other is kept hold votes on Cordray, forcing the Republicans to take on increased public pressure until they provide (or the President to make recess appointments). Although President Obama said after the vote that he would not "take options off the table", there is little reason to think he is so far the charting one of these courses. But he had to.

First, let's do a quick recap of the law on the promise of a break. Then we will talk politics.

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Congress: the rich get richer

Gee, You think there are some of the key in this story of how the entire nation has been getting into shape is the degree of difference? (in addition to the hard work of the good old fasioned, of course …)

The game play is never a right-wing end with Neanderthals. "the motto" fly in the face of the establishment clause, should never have been mandated in the first place and should immediately retire.

Yeah man newday told us about playing games and rich 1%. How is that investor money gambling with Corzine and lost it all. The dirty is good for nothing, oh wait, he's what, which cannot be, are you kidding me, former Governor and Senator, what a big campaign contributor, and he is Barry, liberal Democrats, said it was not so. LMFAO! "popcorn")

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Verizon’s $ 3.6 billion spectrum deal: who wins and who loses?

Verizon Wireless ' move to buy 20 MHz of AWS spectrum wireless cable operators has led to a shift in the seismic industry wireless.

Today announced the deal will give Verizon access to spectrum licences that cover about 259 million potential customers. The company plans to pay for cable SpectrumCo-consortium of Comcast, Time Warner and Bright House Networks-$ 3.6 billion for spectrum licenses.

In markets where wireless operators are all scrambling for more spectrum resources, Verizon has scored a major victory by taking a large swath of unused spectrum for itself. The spectrum is the lifeblood of the wireless industry. And with this, Verizon guarantees the dominance also needed resources from the desk to the player's left.

T-Mobile USA (and the parent company of Deutsche Telekom): Craig Moffett, an analyst with Sanford Bernstein, said it best in his note of research to investors: "pity poor T-Mobile. Verizon just ran with last beautiful girl in the bar. "

Indeed, this latest move by Verizon means that T-Mobile will have fewer choices if Deutsche Telekom deal to sell T-Mobile AT

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Finance Minister of Germany: Eurozone States must give the EU more power

BERLIN-States of the eurozone must do more at European level and pass some of their responsibility for setting the budget and fiscal policy for the European institutions to find a way out of debt crisis, Germany's Finance Minister on Saturday was quoted as saying.

Wolfgang Schaeuble told a weekly news magazine focus Germany that Italy will be able to resolve the problem, stemming from the crisis of confidence in the market.

"The Economic Data that is actually not so bad. The problem only needs to be addressed … It also dissolved by Italy itself. What to tackle Roma is nothing like the mountain of Greece had to climb, "he said in an interview published on Saturday

Although Europe now has more rigorous growth and stability pact which allowed the opportunity to intervene earlier, countries must also do more on the level of the European Union, he said.

"Pressure crisis allows things to happen that otherwise would not be possible … the greater the greater the need for change in crisis."

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