Sen. Patty Murray answers a question during a brief news conference following a visit to the headquarters of Amazon.com Wednesday, Aug. 10, 2011, in Seattle. On Tuesday, Senate Majority Leader Harry Reid named Murray as part of a powerful new committee tasked to find a bipartisan plan to slash the federal budget deficit.
Senate Majority Leader Sen. Harry Reid speaks about debt ceiling legislation on Capitol Hill in Washington, on Monday, Aug. 1, 2011. On Tuesday, Reid announced his super-committee picks.
Daniel Halper is the deputy online editor for The Weekly Standard.
Senate majority leader Harry Reid picked his three representatives to the twelve congressional member supercommittee Tuesday, selecting Max Baucus, John Kerry, and Patty Murray. The first two choices make sense: Baucus is chairman of the Senate Finance Committee, and Kerry was the Democratic nominee for president in 2004 and, as his website describes, "holds senior positions on the Finance, Commerce, and Small Business Committees."
At opening the markets opened low, then regained their steam on the good news we reported earlier about lower unemployment claims. Then, the stocks headed lower. All of that to say, it looks like it's going to be another dramatic day on Wall Street.
The European markets still dealing with fears about France's credit ratings could give us some indication of the type of up-and-down day we may be in for. Here's Dow Jones Newswires with what happened there:
If you remember the iPhone 4 frenzy back in 2010, then you remember Jason Chen, a writer for Gizmodo. He was the one who bought a prototype of the iPhone 4 that an Apple engineer left at a bar and then Chen published a story about it that revealed the new phone's new specs.
Probably because Apple is known to be so secretive, the story blew up. And a few days later Chen's home was raided by a law enforcement task force called the Rapid Enforcement Allied Computer Team.