Personal Money Store

Columbia University drug bust: five students arrested

info@personalmoneystore.com (Personal Money Store) — Fri, 24 May 2013 21:39:47 +0000

(Photo: Scott Sanchez/Wikimedia.org)

Five students were arrested Tuesday as part of the massive Columbia University drug bust. The young suspects said nothing as they were handcuffed and taken into custody early that morning. They are being charged for selling thousands of dollars worth of drugs out of dorm rooms and fraternity houses.

Suspects in the Columbia University drug bust

The students involved in the Columbia University drug bust said they sold drugs to pay for school tuition, according to the Columbia Spectator. Adam Klein, Chris Coles, Jose Perez, Harrison David, all 20, and former student council member Michael Wymbs, 22, were charged with selling cocaine, ecstasy, marijuana, Adderall and LSD from their dormitories, fraternity houses and other spots on school campuses.

A spokesperson for the Narcotics Prosecutor’s Office said the only one prepared to post bail -- set at $25,000 -- was Wymbs, who was expected to be released Tuesday night. The other four were taken to Rikers Island. The spokesperson also stated that David was the main target of the investigation. He was the only student to sell cocaine -- including an $880 sale of nearly 20 grams in September. Undercover detectives made their first several purchases from David, and the other four were later added to the string of drug deals in October and November. Altogether, since the investigation began in July, the students tied to the Columbia University drug bust made nearly $11,000 in sales to undercover officers. ... click here to read the rest of the article titled "Columbia University drug bust: five students arrested"

How to find a cheap couch or love seat

info@personalmoneystore.com (Personal Money Store) — Fri, 24 May 2013 15:30:56 +0000

It's easy to replace a couch or love seat for very cheap, if someone takes the right shortcuts. Image from Wikimedia Commons.

Every now and again, people do have to buy new furniture. For some it is not always the most pleasant experience, but there are some ways to make it easier and a lot lighter on the wallet. There are a few excellent places to look for great deals.

Replacing a couch or love seat

Replacing furniture and appliances is part of every day life, and for some it can be a somewhat unpleasant experience. Replacing living room furniture such as a recliner, a couch or love seat can also be expensive. New furniture can cost hundreds of dollars, and financing can be risky. However, there are some ways to find a great deal on home furnishings if a person is determined enough.

Be all right with used furniture

When putting together a living room on a budget, the fact may be that there is not a new piece in the right price range. Therefore, a person has to be willing to buy used furniture. Used furniture does not automatically mean lower quality. There are plenty of well maintained used sofas, recliners, love seats, coffee tables and other furniture out there, one must simply be willing to look. Here are some great starting points.

Craigslist - look for picture ads, as Craigslist ads can run from awful to amazing.
Garage sales - look for garage sales put on by housing communities, especially the kind where a home owners association only allows them now and again.
"Ding and dent" stores - furniture and appliance stores have their slightly damaged goods resold for them, at discounts up to 50 percent off or more.
Call furniture and appliance stores directly - ask about dinged and dented pieces, and try to negotiate a bargain. It could be easier than one might think.

Rent to own and financing

Going the rent-to-own route or financing through a furniture store might not be the best choice. Rent to own stores mark their furniture up, and consumers in the end pay more than retail. Financing furniture through a store usually means a no interest period before the balance is due, but if whatever is not paid off has the interest assessed automatically. ... click here to read the rest of the article titled "How to find a cheap couch or love seat"

BP oil leak live video feed will continue during top kill attempt

info@personalmoneystore.com (Personal Money Store) — Fri, 24 May 2013 09:26:07 +0000

The top kill attempt to plug the BP oil leak will be tested tested Wednesday, and BP will continue the oil spill live video feed during the procedure. Flickr photo.

A top kill will be the latest attempt to plug the BP oil leak as the oil spill in the Gulf of Mexico spews crude into the ocean for the 36th day today (May26). After first saying the BP live video feed would be cut during the procedure, BP relented to public pressure and will keep the cameras rolling. As a fleet of ships and robotic subs prepare for the top kill, oil company executives will testify at federal hearings on the disaster in New Orleans. Meanwhile, the oil spill in the Gulf of Mexico has possibly totaled up to 88 million gallons and counting, according to some estimates.

BP testing top kill Wednesday

The top kill, pumping thousands of pounds of mud into a five-story tall stack of pipes at the bottom of the sea, was still being debated like a mortgage modification Wednesday morning. The New York Times reports that BP would review 12 hours of tests before deciding whether to proceed. On its website, BP says the tests involve pumping drilling fluids into the well's failed blowout preventer to measure pressures and validate flow paths.

BP top kill not a guarantee

A top kill, proven successful at plugging ruptured oil wells on land, has never been tried a mile below the ocean's surface. Officials said it could take several days to determine whether the top kill has stopped the BP oil leak and there is no guarantee it will work. It could be the last best hope of shutting down the BP oil leak until relief wells can be drilled. BP has already spent an estimated $760 million fighting the oil spill, and two relief wells being drilled as a last resort to seal the well may take until August to complete. ... click here to read the rest of the article titled "BP oil leak live video feed will continue during top kill attempt"

Gen. David Petraeus replaces commander disgraced by Rolling Stone

info@personalmoneystore.com (Personal Money Store) — Fri, 24 May 2013 03:21:45 +0000

Gen. David Petraeus is the new U.S. commander in Afghanistan. Wikipedia photo.

Gen. David Petraeus was named to replace Gen. Stanley McChrystal as the new U.S. commander in the Afghanistan war. After a profile of McChrystal in Rolling Stone portrayed him as openly contemptuous of President Obama and key members of his national security team, McChrystal offered his resignation and Obama accepted it. Opinion has been nearly universal so far that to preserve America's civilian control over the military, McChrystal had to go and that Petraeus is the best choice to take over in Afghanistan.

Petraeus' political savvy

Gen. David Petraeus, who heads U.S. Central Command, took what looked like certain failure in Iraq and brought the U.S. war there toward an acceptable outcome. David Ignatius of the Washington Post said that if the Taliban sold stock, its price would surely have fallen after Wednesday's announcement that Petraeus would assume control in Afghanistan. Ignatius also said that Petraeus is the most deft political figure he's seen in uniform who always remembered that he worked for civilian leadership.

Petraeus a 'win-win' for Obama

Appointing Gen. Petraeus after McChrystal's challenge to his leadership is a win-win for Obama, according to the Christian Science Monitor. Obama gains a top commander back in the field, and he also reasserts his role as civilian commander in chief. After insulting comments about the president and top administration officials made by Gen. McChrystal and his staff to a reporter from Rolling Stone, Obama quickly summoned the general from Afghanistan to Washington and he won't be going back. ... click here to read the rest of the article titled "Gen. David Petraeus replaces commander disgraced by Rolling Stone"

Romaine Lettuce Recall 2010 incites calls for stronger regulation

info@personalmoneystore.com (Personal Money Store) — Thu, 23 May 2013 21:18:56 +0000

Red and green romaine lettuce is a favorite in salads. Image from Flickr.

Freshway Foods, based in Ohio, has instituted a romaine lettuce recall 2010. In all, 19 cases of E Coli have been confirmed in connection to the romaine lettuce recall. If you have possibly been sickened by the Freshway Foods lettuce recall, you may need money now to go see a doctor - though most cases are not severe.

Romaine lettuce recall 2010 affects shredded romaine

The romaine lettuce recall 2010 announced yesterday evening includes only shredded romaine lettuce. Any Freshway Foods shredded romaine with a "use by" date after May 12 should be thrown out. Additionally, grab-and-go salads from in-store salad bars at Kroger, Giant Eagle, Ingles Markets and Marsh stores should not be eaten. Other suppliers of romaine lettuce and other fresh greens are not included in the lettuce recall. It appears the recalled lettuce was grown in Arizona and shipped to wholesalers across the country.

Calls for stronger food safety after romaine lettuce recall 2010

The romaine lettuce recall 2010 has once again raised calls for stronger food-safety regulation. Last year, the House passed a bill that gave the FDA stronger food-regulation powers, but the Senate has yet to vote on the bill. E. Coli infections are usually found in undercooked meat, but because lettuce and other greens are not usually cooked, there is no way for the infection to be killed. Thorough washing and proper storage help minimize the risk.

Why stronger regulations may hurt, even with lettuce recall

The lettuce recall, like spinach and fresh greens recalls before it, has raised questions of food safety. Though many often call for "stronger regulation" to "protect food safety" after lettuce recalls, there is an argument against this stronger regulation. This lettuce recall originated with a large grower who grows hundreds of thousands of acres of lettuce and ships it across the country. Stronger regulation on food tends to favor mega-food companies who can afford the new inspections, equipment or processes required. Small growers, who are not usually at fault for issues like the lettuce recall, are usually pushed out of business. Stronger across-the-board regulation, unless written carefully, tends to make the problem worse by pushing out small growers. ... click here to read the rest of the article titled "Romaine Lettuce Recall 2010 incites calls for stronger regulation"

Will Chevy Volt battery warranty convince electric car skeptics?

info@personalmoneystore.com (Personal Money Store) — Thu, 23 May 2013 15:16:00 +0000

GM has announced that the Chevy Volt battery warranty extends for 8 years or 100,000 miles in a bid to inspire confidence among potential buyers. Picasa web photo.

The Chevy Volt lithium-ion battery has emerged as the most worrisome part of the electric car General Motors is staking its future on. To inspire confidence among potential buyers of a limited number of Chevy Volts, GM announced Wednesday that the Volt's lithium-ion battery will be guaranteed for eight years or 100,000 miles, whichever comes first.

Chevy Volt battery different from other electric cars

The Chevy Volt battery warranty is better than warranties on GM's conventional car engines and transmissions, which run for five years or 100,000 miles. CNN reports that popular hybrid car models currently winning bank loans on the market, including the Toyota Prius and the Ford Escape Hybrid, have similar warranties on their battery packs. But the Volt's lithium-ion battery uses a chemistry different from Ford and Toyota. And concerns are that the Volt battery will have to work harder, since the car is powered solely by the battery for up to 40 miles before the gas motor kicks in. ... click here to read the rest of the article titled "Will Chevy Volt battery warranty convince electric car skeptics?"

Keep your lights on with a payday loan

info@personalmoneystore.com (Personal Money Store) — Thu, 23 May 2013 09:11:59 +0000

A payday loan can mean the difference between having your lights on and sitting in the dark. My energy company tends to send out disconnection notices if their customers are even two weeks late paying the bill. Even if the customer is caught up from prior months' bills, a notice is still sent. I received such a notice just recently, and I may have to take out a payday loan in the future if this keeps happening. Have you ever faced a situation like this? Or maybe you are facing this situation right now. Could a payday loan help you keep your lights on?

How much should I take out on a payday loan?

How much you borrow from a payday loan company depends on how much you have to pay your energy company to keep your lights on. It could be as low as $100, or as much as $1,500. It just depends on how much you owe. A payday loan is meant to tide you over to your next payday, so choose the amount you take out carefully.

Decide on how much you can reasonably afford to pay back when your next paycheck arrives. If it falls short of how much money you need to pay off the total light bill, take out only what you can afford to pay back. Of course, you will need to talk with the energy company and work out a payment plan if this is the case. Do not take out what you cannot pay back quickly on your next payday.

Applying is quick and painless

With the many payday loan companies online today, the application process has become quick and painless. You can even apply for a payday loan online. In fact, for your convenience, there is a green "Apply" button right below this article you are reading. It is secure, so no worries about someone hacking your information. Just fill in the required details and you are on your way to keeping the lights on. ... click here to read the rest of the article titled "Keep your lights on with a payday loan"

Tips for staying on budget when the urge gets to be too much

info@personalmoneystore.com (Personal Money Store) — Thu, 23 May 2013 02:57:47 +0000

One saved is one earned. Image: stevendepolo/Flickr/CC BY

The economic crisis affects most of us every day as we tighten our belts and keep our wallets in check. But like a dieter craving sweets, temptation is always there to consume beyond our means. Thankfully, there are simple things you can do when the cravings get to be too much.

Think ahead

Thinking long term can help. Instead of seeing savings and frugality as a chore, think big picture. You and your family will be happier if you aren't overextending to pay off last month's splurge.

Realistic frugality begins with a realistic plan. If a budget is too restrictive, it adds stress to your life. That constant pressure may lead to abandoning the budget altogether. Make your plan realistic, but not a "starvation diet."

Include some fun

While a budget must begin with month-to-month obligations and essentials -- mortgage, groceries, car insurance, utilities -- it should also include some "fun money." If you enjoy sports, make sure to include some greens fees or club dues. If concerts or theater are your thing, figure in a ticket every couple of months.

Another way to achieve this is to keep a "fun fund," which is reserved only for a specific goal. Instead of giving in to every impulse, focus on the really satisfying ones and put a little away toward it out of every paycheck. Maybe there is a trip you want to take, or one luxury item that you truly want. With a little patience and persistence, it can be yours. ... click here to read the rest of the article titled "Tips for staying on budget when the urge gets to be too much"

Hybrid policies replacing traditional term life insurance

info@personalmoneystore.com (Personal Money Store) — Wed, 22 May 2013 20:53:19 +0000

Hybrid policies redfine life insurnce. Image: alancleaver_2000//Flickr/CC BY-SA

The nature of long-term care and life insurance policies has changed rapidly in these uncertain financial times. Many consumers are reluctant to put up large amounts of money for future benefits, especially when those benefits may never become necessary. The insurance industry has countered this trend by offering combination products that blend long-term-care with traditional life insurance.

Long-term care option

Generally blended life insurance policies utilize universal life, in which a portion of the death benefit may be used early to help pay for long-term care should it become necessary. These hybrid policies have been available for a while but have recently been gaining popularity. A hybrid product, combining two products into one, sounds attractive to many consumers. If the long-term care never becomes necessary, the policy holder may still benefit from the life insurance.

Traditional policies in decline

Sales of the hybrid policies more than doubled in 2010, according to Gebworth Financial Inc. By contrast, the sales of traditional long-term-care insurance has plummeted by nearly 25 percent over the last five years.

“Most people who buy hybrid insurance are not buying it because they want life insurance," said John Ryan, a Colorado-based broker. "They’re buying it because they need long-term-care insurance, and the sales pitch that you can get your money back no matter what is pretty compelling,” ... click here to read the rest of the article titled "Hybrid policies replacing traditional term life insurance"

Banks under SEC antitrust investigation for rate manipulation

info@personalmoneystore.com (Personal Money Store) — Wed, 22 May 2013 14:51:10 +0000

Bank of America Corp. and other large banks may have colluded to manipulate interest rates in their favor, allege the U.S. Justice Department and SEC. (Photo Credit: CC BY/MoneyBlogNewz/Flickr)

The Wall Street Journal reports that the U.S. Justice Department and Securities and Exchange Commission are examining whether a group of the world's largest banks – led by Bank of America Corp, Citigroup Inc. and UBS – colluded to manipulate the London Interbank Offered Rate of interest (LIBOR) on trillions of dollars in loans and derivatives before and during the global financial crisis. LIBOR represents the rate at which banks borrow funds from each other. It is the world's most widely used benchmark interest rate and is applied to everything from adjustable rate mortgages (ARMs) to corporate bonds and car loans.

LIBOR collusion investigation ongoing for past year

Law enforcement officials have been investigating whether banks have intentionally been understating their own borrowing costs to benefit a secret global banking cartel. It is suspected that such LIBOR interest rate manipulation occurred in excess between 2006 and 2008. If banks that were secretly struggling with bad debt and liquidity had reported borrowing at higher interest rates then peers, the plight would have been revealed to the public. ... click here to read the rest of the article titled "Banks under SEC antitrust investigation for rate manipulation"

Yellow Sea turns black from China oil spill

info@personalmoneystore.com (Personal Money Store) — Wed, 22 May 2013 08:45:47 +0000

Dalian, China (Photo: Ash-rly/Flickr/cc by-nd)

An oil slick is covering the Yellow Sea following a recent pipeline explosion. Efforts are already under way in containing the China oil spill, as oil gathering vessels have already started to soak up as much of the oil as possible. The oil slick already covers about 165 square miles of water. So far, it is nowhere close to the size of the BP oil spill off the Gulf coast.

The China oil spill began with exploding pipelines

An oil pipeline exploded in Dalian, a port in Liaoning province. It is one of the largest shipping centers in China. The explosion dumped thousands of tons of oil into the ocean, and the spill was set aflame by the explosion. It took 15 hours for firefighters to put out the lion's share of the blaze. Oil containment workers began work as soon as it was possible to clean up the China oil spill, using more than 1,000 vessels and oil consuming bacteria.

Response to spill was fast

Tourist beaches were closed down, but normal shipping activity returned by Tuesday afternoon. The fire was extinguished early, but original estimates of the size of the oil slick underestimated the amount of oil that had been released. The estimates for the area of water covered by oil have doubled as of Wednesday, though it is still far smaller than the oil spill in the Gulf of Mexico. The China oil spill covers less than 200 square miles, and the BP oil spill is about 10 times that size. The government in Dalian estimates the spill will be cleaned up in a week or two. It is the second largest oil receiving port in China.

Greenpeace sounds off

Greenpeace put out a statement saying the China oil spill was a reminder of the risks of dependence on fossil fuels. The Gulf oil spill and the countless accidents of coal mining were mentioned as well. The pipelines that exploded were at an oil storage facility owned by the China National Petroleum Corporation. ... click here to read the rest of the article titled "Yellow Sea turns black from China oil spill"

Gene Sperling is new U.S. National Economic Council director

info@personalmoneystore.com (Personal Money Store) — Wed, 22 May 2013 02:39:56 +0000

File photo of Gene Sperling. (Photo Credit: CC BY-ND/Center for American Progress/Flickr)

To fill the void left by controversial (and recently resigned) Lawrence Summers, President Obama has named Gene Sperling as the new director of the administration's National Economic Council. The Huffington Post calls Sperling a “veteran policy and political player.” Considering the divided nature of the current Congress, experts predict Gene Sperling will have difficult economic policy work ahead.

Gene Sperling will watch unemployment, budget and deficit

The challenges Gene Sperling, 52, will face in his position as head of the NEC will be made none the easier by a divided Congress and an Obama administration that is currently in the middle of major shake-ups. However, the December jobs report – where unemployment is down to 9.4 percent, the lowest figure since May 2009 – could shed some positive light on Sperling's road ahead.

Once he takes hold of the reins of his new office, Gene Sperling will be charged with accelerating the U.S. economic recovery, which will include deflating the still-daunting unemployment figures. By the time President Obama is in full re-election mode for 2012, Sperling will be waist-deep in the economic policies the president plans to feature.

A pragmatic approach to policy

A former senior adviser to Treasury Secretary Timothy Geithner, Gene Sperling was deputy NEC director under former President Bill Clinton. In 1993, Sperling played a significant role in devising a deficit reduction bill. Sperling was also as an economic adviser to 2004 Democratic presidential nominee John Kerry. ... click here to read the rest of the article titled "Gene Sperling is new U.S. National Economic Council director"

Florida judge rules entire health care law unconstitutional

info@personalmoneystore.com (Personal Money Store) — Tue, 21 May 2013 20:34:35 +0000

A Florida judge has ruled the health care law unconstitutional in a state v. federal case that could ultimately end up before the Supreme Court. Image: dbaron/Flickr

A Florida judge has ruled against the health care law passed by Congress in 2010. U.S. District Court Judge Roger Vinson is the second judge to support a suit against the health care law filed by attorneys general in 26 states. At issue is the individual mandate in the health care law requiring all Americans to buy health insurance, which Vinson ruled unconstitutional.

Individual mandate and the Commerce Clause

In his ruling that the individual mandate in the health care law is unconstitutional, U.S. District Court Judge Roger Vinson, a Reagan-appointed Republican, declared that the entire Affordable Care Act should be thrown out. Vinson said in requiring the individual mandate, Congress over-stepped its powers as limited by the Commerce Clause of the U.S. Constitution. A similar ruling last month by a judge in Virgina also cited the Commerce Clause. However, Vinson takes it a step further by insisting that the entire health care law be voided. He concluded that the individual mandate and the rest of the law are "inextricably bound together in purpose and must stand or fall as a single unit." ... click here to read the rest of the article titled "Florida judge rules entire health care law unconstitutional"

Cheap and Simple New Year's Eve Party Ideas 2010

info@personalmoneystore.com (Personal Money Store) — Tue, 21 May 2013 14:31:36 +0000

New Year’s Resolution

(Image from atbaker, Flickr.com)

This year is no different from last year. Saving money is still the main concern for many consumers these days. If anything has changed over the past years, then it’s definitely more people joining in on the quest to save money.

New Year’s Eve is just three days away, and it’s going to take a lot to come up with some New Year’s Eve party ideas – or not. In order to save a trip to your local payday loan store, you have to be creative. There are tons of cheap and simple New Year’s party ideas available for your New Year’s celebration that everyone will remember throughout the years to come.

New Year’s Eve Party Menu

You don’t necessarily have to spend big bucks to have a great New Year’s Party. One of the best things you can do is get together with friends and family and plan out a get-together that will be easy on everyone’s pocket. Write down different food items on small pieces of paper, fold them up one by one, throw it in a hat or a bag, and have each participant pick one out. You’d be amazed how much food you can put together with just a little touch of teamwork.

Party Decorations – Head North to the Attic

If you’re anything like me, you probably don’t waste anything that can still be used again. As a matter of fact, right before Christmas, I found a box of used gift bags that were still in great shape. I also found party streamers, opened bags of balloons, strings and fancy ribbons that came in quite handy while awaiting Santa’s arrival last week. I saved a bunch of money just by digging around the house and reusing items I saved from previous years. And you can do the exact same thing. Christmas and birthday decorations can definitely turn your New Year’s party into something explosively chic. Like I said earlier on, all you really need is to be creative. ... click here to read the rest of the article titled "Cheap and Simple New Year's Eve Party Ideas 2010"

Research Shows Decline in Borrowing Money

info@personalmoneystore.com (Personal Money Store) — Tue, 21 May 2013 08:27:10 +0000

Borrowing in America today

Recent research is showing a decline in borrowing money. The Federal Reserve announced that Americans borrowed less for a tenth consecutive month. This marks the lowest amount on the records going back for seven years. It seems that most Americans are getting smarter about credit after the recession taught a hard lesson about credit.

In former years credit cards were thought of as emergency options when people needed money. People stuffed one credit card away for those times when cash wasn’t readily available. Once the recession began, people were surprised at how credit lending companies dealt with them. Many good customers saw their credit limits slashed. Other customers had huge hikes in their interest rates. Still others saw added fees attached to their bills.

The lessons learned on credit

The Federal Reserve reported that total borrowing dropped by $17.5 billion in November, which was much more than projected. In fact, economists calculated the fall of borrowing at only $5 billion. It seems that Americans learned the lesson on credit and new studies are giving reasons for their decline in borrowing. Some are fearful about their job prospects for 2010 and they are trying to replenish savings that were ravished by the recession. It was reported on Friday that employers cut another 85,000 jobs in December and that brings the total job losses in the country to 7.2 million since December of 2007. ... click here to read the rest of the article titled "Research Shows Decline in Borrowing Money"

Juan-Carlos Cruz | Food Network chef arrested

info@personalmoneystore.com (Personal Money Store) — Tue, 21 May 2013 02:16:01 +0000

The Food Network Chef that was arrested has not worked for the network for years. Image from Flickr.

When a Food Network chef is arrested, the situation is ripe for humor, but the arrest of Jan-Carlos Cruz is no laughing matter. The Food Network chef arrested no longer works for the Food Network, which may explain why he was "very cheap" when he allegedly hired three people to kill his wife. Perhaps he was using no fax payday loans to pay for the hit?

Food Network Chef arrested in Santa Monica

The Food Network Chef arrested, Juan-Carlos Cruz, is due to appear in a Santa Monica courtroom this morning. His alleged plot to hire three homeless people to kill his wife fell apart when one of the individuals he hired turned him in. Identified as "Big Dave," "Little Dave" and "Shane," the three men described Cruz as "very meticulous" and "very cheap." He is currently being held on $5 million bail.

Food Network chef arrested specializes in low-calorie cooking

Juan-Carols Cruz, the Food Network chef arrested, has made his public celebrity chef name on low-calorie cooking. After appearing on a Discovery Channel Body Challenge show, Juan-Carlos Cruz dropped a significant amount of weight. A former pastry chef, Cruz changed his cooking focus to low-calorie meals. The Food Network chef arrested starred in Calorie Commando, a show dedicated to "replacing the junk in food with healthy alternatives."

Watch the demo reel of the Food Network Chef arrested

... click here to read the rest of the article titled "Juan-Carlos Cruz | Food Network chef arrested"

Defense attorneys call for Blagojevich/Obama subpoena

info@personalmoneystore.com (Personal Money Store) — Mon, 20 May 2013 20:07:12 +0000

A Blagojevich Obama subpoena may be just a dodge. From Wikimedia Commons.

The case against disgraced former Illinois Governor Rod Blagojevich is progressing, and his defense team plans to attempt to call President Obama to the stand. A Blagojevich/Obama subpoena could mean nothing. It may also spell disaster for either the indicted ex-politician or the president. The kind of legal team necessary for this case would send anyone running for a no fax cash advance at least. It wouldn't be the first time a sitting president has been given a subpoena to testify, but there is a wide latitude in avoiding the witness chair should he be served.

Blagojevich Obama ties do exist

Allegations of Blagojevich/Obama ties have been surmised since the former governor was arrested and later thrown out of office. President Obama was a Senator in the state where Rod Blagojevich was governor, and they are familiar. The judge presiding over Blagojevich's trial, District Judge James Zagel, for trying to sell a Senate seat has been requested to subpoena the President, as the defense claims President Obama has knowledge relating to the alleged events. So far, there doesn't seem to be any suggestion of impropriety on the part of the President, though it seems he did offer notes on proposed replacements in the Senate.

Motion accidentally leaked

The motion filed with the court by the defense was leaked onto the internet. Parts of it were blacked out when posted. It was discovered, however, that the blacked out portions would be uncovered if copied and posted out of the online court document. A link is available on Fox News. It isn't known if President Obama has pertinent information, or if Blagojevich needs small loans for more smoke and mirrors. ... click here to read the rest of the article titled "Defense attorneys call for Blagojevich/Obama subpoena"