YOUR FRIENDS' ACTIVITY

    Bachmann says she, not husband, running for office

    WASHINGTON (AP) — Rep. Michele Bachmann steadfastly refused Thursday to answer questions about her family's business and finances, saying that she — not her husband — was the one seeking the White House.

    The Minnesota Republican faced queries about Marcus Bachmann's Christian counseling clinic that attempts to convert gay patients as well as her own beliefs on sexuality during a luncheon at the National Press Club. With her husband sitting nearby, Bachmann said she expected scrutiny as a candidate but questions about her family were off-limits.

    "I'm running for the presidency of the United States. My husband is not running for the presidency. Neither are my children. Neither is our business," she said.

    "I am more than happy to stand for questions on running for the presidency of the United States," she continued. "I have no doubt that every jot and tittle of my life will be fully looked at and inspected prior to November of 2012."

    Bachmann, who is campaigning hard ahead of next month's debate and straw poll in Iowa, has steadfastly refused to discuss the family's business that has faced criticism from gay rights groups. When asked to describe her beliefs on gay therapy, Michele Bachmann said she loved her husband of 32 years and then said her husband was not a campaign issue.

    She also faced questions about her opposition to Fannie Mae and Freddie Mac. The Washington Post reported this week that its analysis of her loan documents suggests her family used those federally subsidized programs in 2008.

    "Unlike all of you, who I'm sure paid cash for your homes, there are people out there like myself who actually have to go to a bank to get a mortgage. This is a problem: it's almost impossible to buy a home in this country today without the federal government being involved," she said.

    "We need to get the federal government out of these programs."

    Bachmann used her speech to discuss Congress' ongoing effort to increase the limit on the nation's credit card. She downplayed the catastrophic consequences predicted if lawmakers allow the United States to default on its debts.

    Bachmann, a darling of the libertarian tea party, has vowed to vote against any increase in the debt ceiling and called the deal being negotiated on Capitol Hill as one based on "illusory" and "counterfeit" savings. She said President Barack Obama has misled the American people on when the government would run out of borrowing authority and has employed "scare tactics" that have needlessly spooked Wall Street.

    "The current negotiations over the debt ceiling illustrate exactly what is wrong with Washington, D.C., today," said during her speech. "The lack of a clear plan from our president to substantially reduce our debt is what's scaring the markets. ... The markets know when politicians are serious about spending cuts and the markets know when politicians are not."

    The nation faces a Tuesday deadline to increase Washington's borrowing power to pay its bills. Congressional leaders were working to find a compromise that cuts future spending as a trade-off to avoid a government default that could send world markets crashing and could downgrade the United States' credit rating.

    Bachmann said that would not happen; she offered no specifics to back up that claim.

    Loading...
    • C’est La Vie! Thousands of Wealthy French Taxed More Than They Earned

      "tax rate higher than 66.66 percent on a single household risked being considered...confiscatory"

    • What We Know About the Record Breaking Powerball Jackpot's Mystery Winner

      The frenzy for last minute tickets is over. The numbers have been picked out. Somewhere, a single person is $590.5 million richer. Last night's record Powerball jackpot has a winner but we have no idea who that person is yet. 

    • Soccer-Bulgarian championship results and standings

      May 19 (Infostrada Sports) - Results and standings from the Bulgarian championship matches on Sunday Sunday, May 19 Beroe Stara Zagora 0 CSKA Sofia 1 Pirin Gotse Delchev 0 Litex Lovech 2 Saturday, May 18 Botev Plovdiv 5 Botev Vratsa 0 Cherno More Varna 3 Lokomotiv Plovdiv 0 Chernomorets Burgas 3 Lokomotiv Sofia 1 FK Montana 2 Minyor Pernik 0 Levski Sofia 1 Ludogorets 0 Standings P W D L F A Pts 1 Levski Sofia 28 21 4 3 55 19 67 -------------------------2 Ludogorets 28 20 6 2 53 13 66 3 CSKA Sofia 28 18 6 4 50 18 60 -------------------------4 Botev Plovdiv 28 17 6 5 48 19 57 ...

    • Horseracing-2013 Preakness Stakes result

      May 18 (Reuters) - Result and finishing order of the 2013 Preakness Stakes at Pimlico racecourse on Saturday. 1. Oxbow (Gary Stevens) 2. Itsmyluckyday (John Velazquez) 3. Mylute (Rosie Napravnik) 4. Orb (Joel Rosario) 5. Goldencents (Kevin Krigger) 6. Departing (Brian Hernandez) 7. Will Take Charge (Mike Smith) 8. Govenor Charlie (Martin Garcia) 9. Titletown Five (Julien Leparoux) Winner trained by: D. Wayne Lukas Winner paid $32.80 for a $2 win bet Winning margin: 1-3/4 lengths Time: one minute 57.54 seconds (Compiled by Steve Ginsburg; Editing by Greg Stutchbury)

    • After nearly 30 years, Camp Lejeune coming clean

      CAMP LEJEUNE, N.C. (AP) — Purple wildflowers sprout in abundance around the bright-yellow pipe, one of several jutting from the sandy soil in this unassuming patch of grass and mud. A dirty hose runs from the pipe to an idling truck and into a large tank labeled, "NON-POTABLE WATER."

    • Soccer-Ferguson criticises City for Mancini sacking

      LONDON, May 18 (Reuters) - Manchester United's outgoing manager Alex Ferguson has criticised neighbours Manchester City for sacking Roberto Mancini. The Italian boss was sacked on Monday having failed to retain the Premier League title he won last season and after losing the FA Cup final to Wigan Athletic. Mancini took out a full-page advertisement in the Manchester Evening News on Saturday, thanking fans for their support during his time in charge. ...

    • A record Powerball jackpot isn't a record to celebrate

      When the 43-state Powerball lottery jackpot hit a record at $600 million Friday, many Americans who would otherwise not gamble rushed out to buy the $2 tickets. “Just on the off-chance,” many probably said.

    • American Idol Candice Glover Talks Emotional 'Ugly Cry' & Her First Thoughts After Win

      Candice Glover was crowned "American Idol's" twelfth winner on Thursday night - and after the show, she was still soaking it all in.

    Loading...

    Follow Yahoo! News