12:58 PM, July 11th, 2012

Frontpage: Wednesday, July 11th

  1. Spain Unleashes New Austerity MeasuresThe Spanish government is celebrating being granted a big bank bailout by the U.N. with a brand-new plan for austerity. Spain plans to tighten its belt even further through a new hike in sales tax on such things as cigarettes, cars, clothing, and telephone services, as well as public transportation, processed foods, and hotel and bar services. They’re also adding several more spending cuts in the hope of taking $79.85 billion off its total budget over the next two and a half years.
  2. Parliament: Diamond Misled UsBob Diamond may have resigned and agreed to testify in front of British Parliament when an interest-rate-fixing scandal within Barclays Bank, of which he was CEO, came to light. But now British lawmakers think Diamond misled Parliament during its inquiry into the Barclays scandal. 
  3. GOP: Stop Health Care Law, Stop Tax: House Republicans are on a mission to repeal President Obama’s health-care overhaul, and they’re latching onto the wording of the Supreme Court’s recent decision two weeks ago. The House of Representatives has voted at least 30 times to get rid of Obamacare in some way and will do so yet again on Wednesday, this time making the argument that by doing so, they’d be saving about 20 million Americans from paying an unnecessary tax. 
  4. Hillary Clinton Visits Laos: Secretary of State Hillary Clinton made a stop in Laos Wednesday while traveling through Asia, and was faced with several reminders of the Vietnam War. Her visit was the first by an American secretary of state in 57 years.
  5. Holder: Texas ID Law a Poll Tax: Embattled Attorney General Eric Holder spoke at the NAACP’s annual convention on Tuesday just after federal judges in Washington began hearing a lawsuit over Texas’s voter-identification law. “We will not allow political pretext to disenfranchise American citizens of their most precious right,” Holder declared before the crowd of 600 in Houston. The U.S. Justice Department, led by Holder, has opposed Texas’s photo-ID requirement for voters, finding it more harmful to minorities than helpful.

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Photo via picturedept:

Photo of The Day: July 10, 2012

President Barack Obama discusses middle class tax cuts with Jason and Ali McLaughlin at their home in Iowa.


Reblogged from Picture Dept
1:24 PM, July 9th, 2012

Frontpage: Monday, July 9th 

  1. Obama: Extend Tax Cuts: President Obama is gearing up for his latest fight with Congress as he plans to push for a one-year extension of the Bush-era tax cuts for anyone with a yearly income under $250,000. House Republicans want to keep the tax cuts in place permanently for both middle- and upper-income Americans, and congressional Democrats such as Nancy Pelosi and Chuck Schumer have been pushing to extend them to anyone earning up to $1 million. 
  2. Egypt’s Parliament Closure ‘Final’: Egypt’s highest court has spoken: the decision to dissolve the country’s parliament is binding. Monday’s ruling is a blow to newly-elected president Mohammed Morsi, whose Muslim Brotherhood party won most seats in the chamber in a the recent election.
  3. Euro Zone Aims to Create AgencyThe euro zone is in the process of creating a new agency to supervise banks within the currency union that would report to the European Central Bank. Germany and other European nations with strong economies see the establishment of one overarching authority as necessary to keep the rest of the bloc in line. 
  4. Annan, Assad Have ‘Constructive Talk’: The United Nations’ envoy to Syria and the Arab League, Kofi Annan, held “constructive” talks with Syrian President Bashar al-Assad in Damascus Monday. Assad reportedly claimed that any effort to end the 16 months of violence that has torn through his country has been hindered by the U.S.’s support of “terrorists” and support from Saudi Arabia, Qatar, and Turkey—both via weaponry and other logistical aid—to the rebels attempting to take down his regime. The two have agreed on an “approach” to end the violence. 
  5. Lance Armstrong Suing USADA: Livestrong, litigate stronger. Lance Armstrong is turning the tables on the U.S. Anti-Doping Agency by suing the organization for charging that he used performance-enhancing drugs throughout his career. The seven-time Tour de France winner filed the lawsuit Monday and is expected to argue that the USADA’s doping investigations violate the constitutional rights of athletes. 

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Photo via blakegopnik:

DAILY PIC: Jeff Brouws takes photos of abandoned railroad rights-of-way.  The “train-track” perspective that still lurks in his pictures is the last trace of technology’s encounter with nature. His photos are haunted by the trains that no longer cross them. One way or another, such haunting is the central subject of “The Permanent Way”, a show at the New York non-profit gallery called Apexart. In honor of the 150th anniversary of the law that paved the way (almost literally) for the first transcontinental railroad, Brian Shollis, a brilliant young scholar now transitioning from art into history, has put together a small survey of railroad-themed images. It includes vintage train maps, old railroad postcards and contemporary art about trains and their riders. No matter how commonplace trains became, I don’t think we ever grew completely blase about them. As they disappear, we may become less neglectful than ever.

The Daily Pic, along with more global art news, can also be found on the  Art Beast page at thedailybeast.com.

Reblogged from Picture Dept
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