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The Two-Way
10:00 am
Thu January 12, 2012

Justice Dept. Legal Counsel Says Obama Had Recess Authority

Originally published on Thu January 12, 2012 10:01 am

President Obama acted within his legal authority to appoint Richard Cordray to lead the National Consumer Protection Bureau last week, during a period when the Senate was conducting "pro forma" holiday sessions, according to a memo released this morning by a key unit of the Justice Department.

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It's All Politics
9:55 am
Thu January 12, 2012

Obama's Ex-Car Czar Defends Romney, Bain From GOP Attacks

Steven Rattner.
Carlos Osorio AP

Originally published on Thu January 12, 2012 10:13 am

Steven Rattner, the Wall Street financier who oversaw the Obama Administration's successful rescues of General Motors and Chrysler, now comes to the aid of some other beleaguered members of corporate America — Mitt Romney in his former role as a private-equity CEO, and Bain Capital, the company the Republican presidential candidate once ran.

In a Politico opinion piece, former "car czar" Rattner defends Romney and Bain which he says was among the better angels in the world of private-equity firms.

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The Two-Way
8:50 am
Thu January 12, 2012

VIDEO: 'Sofia The Lion Tamer' Goes Nose-To-Nose With Big Cat

"Sofia the Lion Tamer."
YouTube.com

When 3-year-old Sofia Walker was with her family at New Zealand's Wellington Zoo last week, she had quite a close encounter with, as The New Zealand Herald says, a grumpy lion who didn't like having his breakfast disturbed.

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The Two-Way
8:05 am
Thu January 12, 2012

Stephen Colbert Looks For Fresh Face In GOP Race And Sees Himself

A Colbert candidacy?
ColbertNation.com

We've been through this with him before, so talk from Comedy Central's Stephen Colbert about running for president needs to be viewed with suspicion.

But he's at it again and promises a "major announcement" on his show tonight (it airs at 11:30 p.m. ET).

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It's All Politics
8:03 am
Thu January 12, 2012

In South Carolina, Perry Tries To Revive His Flagging Campaign

Texas Gov. Rick Perry announced his presidential campaign in South Carolina last August, but now his campaign may soon come to an end in the same state where it started. Ben Philpott of KUT News reports on Morning Edition that with the clock ticking down to the Jan. 21 primary, Perry is polling in single digits.

That means Perry has just over a week to convince South Carolinians to vote for him. Philpott spends some time on the campaign trail with Perry, reporting that those attending stops, like Lexington resident Glenn Gainey, know the deal.

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