John Byrne

It’s a new day for AlterNet

Effective today, AlterNet has been acquired by the owners of Raw Story. It’s part of a long-planned transition that will ensure the stability and future of the AlterNet brand, and allow AlterNet’s former parent to return to focusing on what they do best – producing the amazing and insightful news and commentary you expect every day.

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Obama Reportedly Agrees to Allow Rich Bigger Tax Cut Than Middle Class

David Axelrod, the senior adviser to President Barack Obama, says that the White House has conceded to Republicans in giving into tax cuts for the wealthy, a legacy of a Bush-era policy to reduce federal taxes for various income classes. He doesn't, however, say that the rich should enjoy the tax cuts forever, but the decision to agree to a temporary extension of the cuts may be a moot point, because it likely will simply push the issue to a future presidential term.

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Kagan Helped Shield Saudi Royal Family from 9/11 Lawsuits

Elena Kagan, President Barack Obama's latest nominee to the Supreme Court, helped protect the Saudi royal family from lawsuits that sought to hold al Qaeda financiers responsible in the wake of the Sept. 11, 2001 attacks.

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Top Five Health Insurers Posted 56 Percent Profit Gains in 2009

If no health care overhaul passes Congress, health insurers may be in for a windfall -- and one far larger that most Americans probably realize.

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Are Democrats Dropping the Ban on Preexisting Conditions?

Among the casualties of President Barack Obama's healthcare agenda may be those who suffer from pre-existing medical conditions and can't get insurance.

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Obama Picks Sotomayor for Supreme Court Slot

President Barack Obama has chosen Sonia Sotomayor as his choice to succeed Justice David Souter on the Supreme Court and will announce her nomination Tuesday at 10:15 AM ET.

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