Cory Booker ‘Excited’ to Officiate Gay Marriages

Photo Credit: APNew Jersey Sen.-elect Cory Booker will officiate some of the first gay marriages in New Jersey early Monday morning, his office in Newark announced Friday.

“Mayor Booker has refused all requests to officiate New Jersey marriages because gay couples have been denied that equal right. After today’s wonderful news, Mayor Booker is excited to marry both straight and gay couples in City Hall on Monday morning beginning at 12:01 a.m.,” said Booker spokesperson James Allen in a written statement out Friday.

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Mexican Consulate Plans Saturday, Oct. 19, Asheville Visit to Aid Immigrants

Photo Credit: mountainxMore than 24,000 Mexicans live in Western North Carolina, according to the Consulate General of Mexico’s Raleigh, N.C., office. Nearly 9,000 of them live in Buncombe County, and about 8,500 in Henderson County. For the past three years, the Consulate has brought its office to Asheville so that these legal immigrants can get help with a variety of needs.

“Without the proper identification, people who have immigrated to this country from Mexico cannot even get a library card, let alone utilities or a bank account,” says Carolina McCready, co-director of the nonprofit El Centro of Henderson County. To overcome such barriers and help meet vital identification needs in the local Mexican community, El Centro is hosting a visit from the Mexican Consulate on Saturday, Oct. 19, from 8 a.m. until 8 p.m. at the WNC AG Center in the Expo Building.

Usually, in order to process the paperwork needed to obtain/renew passports, Mexican ID cards or power of attorney, WNC immigrants have to go to the Mexican Consulate’s office in Raleigh, which requires taking time off of work and taking children away from school. In addition to eight hours of driving, most visits require many hours at the Consulate office and an overnight stay. These logistics present an insurmountable challenge for many Mexicans living in this area, say organizers of the October event.

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Steyn: Potemkin Parliament

Photo Credit: National Review The least dispiriting moment of another grim week in Washington was the sight of ornery veterans tearing down the Barrycades around the war memorials on the National Mall, dragging them up the street, and dumping them outside the White House. This was, as Kevin Williamson wrote at National Review, “as excellent a gesture of the American spirit as our increasingly docile nation has seen in years.” Indeed. The wounded vet with two artificial legs balancing the Barrycade on his Segway was especially impressive. It would have been even better had these disgruntled citizens neatly lined up the Barrycades across the front of the White House and round the sides, symbolically Barrycading him in as punishment for Barrycading them out. But, in a town where an unarmed woman can be left a bullet-riddled corpse merely for driving too near His Benign Majesty’s palace and nobody seems to care, one appreciates a certain caution.

By Wednesday, however, it was business as usual. Which is to say the usual last-minute deal just ahead of the usual make-or-break deadline to resume spending as usual. There was nothing surprising about this. Everyone knew the Republicans were going to fold. Folding is what Republicans do. John Boehner and Mitch McConnell are so good at folding Obama should hire them as White House valets. So the only real question was when to fold. They could at least have left it for a day or two after the midnight chimes of October 17 had come and gone. It would have been useful to demonstrate that just as the sequester did not cause the sky to fall and the shutdown had zero impact on the life of the country so this latest phoney-baloney do-or-die date would not have led to the end of the world as we know it. If you’re going to place another trillion dollars of debt (or more than the entire national debts of Canada and Australia combined) on the backs of the American people in one grubby late-night deal, you might as well get a teachable moment out of it.

The GOP was concerned about polls showing their approval ratings somewhere between Bashar Assad and the ebola virus, but it’s hard to see why capitulation should command popularity: The late Osama bin Laden’s famous observation about the strong horse and the weak horse has some relevance to domestic politics, too. Republicans spent a lot of time whining that, if Obama was prepared to negotiate with the Iranians, the Syrians, and the Russians, why wouldn’t he negotiate with the GOP? Well, the obvious answer is Rouhani, Assad, and Putin don’t curl up in a fetal position at the first tut-tut from Bob Schieffer or Diane Sawyer.

The thesis of my recent book After America is stated on page six thereof — “that the prevailing political realities of the United States do not allow for any meaningful course correction.” That’s what the political class confirmed yet again this week. Which brings me to the sentence immediately following: “And, without meaningful course correction, America is doomed.”

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A Moneyball Approach to Government

Photo Credit: Politico Millions of Americans have felt the direct effects of the ongoing government shutdown, just the latest in a series of fiscal standoffs that have threatened our economic recovery and distracted leaders from the country’s real challenges. Welcome to the new normal of our polarized political system.

With a last-minute deal to avert an unprecedented and potentially catastrophic default on U.S. debt, we have gotten beyond the latest stalemate – for now. But with leaders from both sides of the aisle perpetually miles apart on overall spending levels, and with no agreed-upon method for carving up the federal pie, failure seems forever on the horizon. The next budget drama has been merely delayed, not resolved.

Yet, just as Americans are increasingly tuning out the political squabbling in Washington, millions are tuning in to a battle of a different kind: the Major League Baseball playoffs. They watched as the Oakland As, the team that transformed baseball by focusing on data and statistics in a way never before seen in professional sports, once again marched their way into the postseason. In 2002, Billy Beane, general manager of the As and creator of the “Moneyball” approach to baseball, found a way to get better results with fewer resources, building a team that successfully took on its big-budget competitors despite a substantial financial disadvantage.

Could Washington do the same? By applying the Moneyball approach to government funding, Congress and the administration could help government work better despite constrained spending levels. By taking a cue from Billy Beane and implementing a series of three key Moneyball tactics, policymakers can make better decisions, get better results and create more areas of bipartisan agreement – and even help avert future crises.

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Fla. Republican Rep. C.W. ‘Bill’ Young Dies at 82

Photo Credit: APRep. C. W. “Bill” Young, a Florida Republican who was the longest-tenured Republican in the House and served as the longtime top appropriator for the defense industry, died Friday at 82.

Hospitalized at Walter Reed for a back injury, Young received a call earlier this week from former President George W. Bush thanking him for backing the military.

Young announced in recent weeks he was retiring from Congress.

He did not vote Wednesday night on the bill to raise the debt limit and fund the government.

First elected in 1970, Young became the chairman of the House Appropriations Committee’s panel on defense in 1995, serving until his death.

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In 23 Advanced Economies: U.S. Adults Rank 21st in Math Skills

Photo Credit: APThe U.S. Department of Education’s National Center for Education Statistics (NCES) on Friday released the initial results of an international survey of adult skills in literacy and mathematics, revealing that Americans rank 21st in “numeracy” and are tied for 15th in literacy among adults in 23 advanced economies.

American adults also scored below the average in both numeracy and literacy for all respondents in all 23 advanced economies.

Japan and Finland ranked first and second in both categories and Italy and Spain took the bottom two spots in both.

The international survey–the Program for the International Assessment of Adult Competencies (PIAAC)–was developed by the Organization for Economic Cooperation and Development.

The data from Russia was not included in the initial results, the NCES said, “because they were released too late for publication.”

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Chinese Couple Sold Baby to Pay for iPhone

Photo Credit: EPAAn unemployed couple will stand trial in Shanghai for allegedly selling their baby and using the proceeds to bankroll an online shopping spree, including the purchase of an iPhone.

The couple, named only as Mr Teng and Ms Zhang, began posting online adverts for the child in June this year, Shanghai’s Jiefang Daily newspaper reported on Friday. The adverts suggested they would be willing to part with their unborn baby in exchange for up to 50,000 yuan (£5,070).

After a home birth, designed to cover-up the crime, they handed over the baby girl and received a large cash payment into their bank account on the very same day.

Mr Teng and Ms Zhang reportedly told prosecutors they were acting in their daughter’s best interests, claiming they had hoped to place her with a financially stable family who could provide an education.

“We did not give the baby away for money but in order to give it more security,” they were quoted as saying.

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Obama to Republicans: ‘Go Win an Election’

Photo Credit: APBy Dan Weil.

In an apparent attempt to rub Republicans’ noses in their defeat on the debt ceiling conflict, President Barack Obama said Thursday that they should “win an election” if they want to change his policies.

“To all my friends in Congress, understand that how business is done in this town has to change,” Obama said in a statement to reporters at the White House.

“You don’t like a particular policy or a particular president? Then argue for your position. Go out there and win an election. But don’t break it.”

Visit NBCNews.com for breaking news, world news, and news about the economy

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‘Win an election’ is Obama’s new catchphrase

By CNBC.

“Go out there and win an election” may be the one thing everyone remembers about the government shutdown of 2013.

That was President Barack Obama’s mantra on Thursday, hours after Congress passed a deal to reopen the government and raise the debt ceiling.

Obama, widely seen as having won the fight with House Republicans, used an address to condemn Congress for the budget fight and to try and set priorities for the next year.

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Cramer: Dollar is a Laughing Stock Worldwide (+video)

Photo Credit: APCNBC’s Jim Cramer said the U.S. is “a laughing stock around the world, maybe worse than Italy in some ways when I look at benchmarks. We have obviously lost the faith of a lot of countries.”

“If there was a way to be able to take your money out of this country and put it in Germany … if I were Brazil, if I were Japan I would do it immediately,” he said Thursday on “Squawk Box.”

He went on to say that the slumping dollar index, which measures the greenback’s value against a basket of currencies, reflects the current sentiment of investors around the world. They are saying “lets go into gold, lets get out this dollar … lets not be in bonds in the United States, we’d rather be in any other currency because they basically have lost control,” he said.

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The U.S. Default Risk May be Passing, but a Downgrade Could Still Lie Ahead

Photo Credit: Justin Lane/EPAIf the U.S. government’s credit rating is the backbone of the public financial system, then the negative credit watch issued by Fitch Ratings on Tuesday is akin to a bulging disc.

It may never cause a problem. But if it ruptures, the results could be painful. For the next few months, as the government approaches another debt limit and Fitch evaluates how the political system responds, the threat of a downgrade remains — and with it the risk of a broad rise in borrowing costs, not just for the federal government but also for countless state, city and local agencies whose credit ratings could be at risk as well.

The Fitch action highlights the central — and controversial — role played by the three large credit ratings agencies in the U.S. and global financial systems. The grades that Fitch, Moody’s and Standard & Poor’s use to rate the creditworthiness of institutions, governments and financial securities partly determine how much nations pay to raise money, how much a local sewer authority must charge its customers for debt service and whether a company can get the money it needs to build a factory.

The process is complex — combining hard data analysis, dense statistics and assessments of national politics and governance — and it sometimes has blunt results. The differences among the top ratings are not great, but a downgrade that pushes a country or company across the line from “investment grade” to “speculative” — a junk bond — can be catastrophic.

The ratings companies were criticized for the high grades given to the complex securities that helped spark the U.S. financial crisis. They were slammed in Europe as being too slow to downgrade Greece — the country kept investment-grade status through years of financial shenanigans — and too quick and vicious once they decided officials in Athens had lost credibility.

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