In an interview with CNBC, Warren Buffett, the Oracle of Omaha and one of the world's wealthiest men, took sharp shots at politicians in Washington negotiating over raising the debt ceiling. Buffett said if the debt ceiling isn't raised, the U.S. would default on its debt and that is unprecedented and we simply don't know how that would turn out. That's why he compared the situation to a game of russian roulette. He said five times out of six everything would be fine but that one bullet could do a ton of damage. Playing, he said, is "silly."
President Barack Obama meets with congressional leaders in the Cabinet Room on July 7.
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The scene has become strikingly familiar over the 2 1/2 years of the Obama administration: congressional leaders footslogging in front of cameras to the White House for another "bipartisan" meeting to resolve yet another stalemate.
This time, however, the Thursday morning debt-ceiling confab in the Cabinet Room opened with a slightly different feel.
Scientists have finally demonstrated that sex is useful.
A team from Indiana University found that worms that have sex were better able than asexual worms to stay one evolutionary step ahead of dangerous parasites.
The finding, published in the journal Science, provides the first direct evidence that sexual reproduction improves a species' ability to survive in a fast-changing environment. And it suggests that parasites, including bacteria and viruses, are one reason species developed sexual reproduction in the first place.
A Florida panther ended up dead after it got into a fight with another panther. The story wouldn't be remarkable, if it weren't for the fact that scientists say only about 160 Florida panthers remain the wild.
Florida Fish and Wildlife Conservation Commission panther team leader Darrell Land says the male panther was between 7 and 9 years old. Its carcass was found Wednesday by a citrus grove manager near Immokalee.
Starting today at 5:oo this afternoon, Ford will begin hiring 1,800 workers for the newly re-tooled Louisville Assembly Plant. The plant recently underwent a $600 million renovation project to prepare it to build several new types of vehicles, including variations on the popular Escape. Ford says the plant is the most modern and flexible in the company. Louisville Mayor Greg Fischer praised the move as an important step in his plans for the city.
Come this fall, a large percentage of Kentucky's Medicaid patients will enter a managed care program. Governor Steve Beshear hails the change as a major cost saver that ensures quality care The Governor says the statewide expansion of Medicaid managed care will save taxpayers more than a billion dollars over three years. Beshear announced the state has awarded three contracts to firms which will manage the care given thousands of Medicaid recipients.
Sixteen months out from the 2012 election, U.S. presidential campaigns are already in hyperdrive. There have been debates, stump speeches and attack ads, and the candidates are obsessed with winning over voters.
Russia also has a presidential election next year, but it's a very different kind of democracy. Russia will choose a president sooner, in March, but right now there's no visible campaign. And it's no secret that President Dmitry Medvedev and Prime Minister Vladimir Putin will essentially decide the winner behind closed doors.