The war in Afghanistan has a new military leader. Army General Stanley McChrystal resigned after a meeting with President Obama. McChrystal was called to the White House to explain his public criticism of the civilian leaders who are shaping policy for the 9-year old war. The general's comments came in a profile that was published in Rolling Stone magazine. McChrystal's boss General David Petraeus will take over command of the Afghan war. Source Link
There's no question that the federal homebuyer's tax credit has been propping-up the housing market, but now we know just how much of a difference it made. New home sales dropped 33% in May after the expiration of the tax credit program in April. It's the biggest monthly drop since the government began tracking new home sales in 1963. Sales of existing homes also declined last month without the boost from the tax credit. Source Link
From 1960's stand-up comedy to country classics and music from a hip-hop legend, the Library of Congress has selected 25 recordings for preservation. The list of culturally or historically significant items joining the National Recording Registry includes albums from Willie Nelson and Loretta Lynn, a rap song from Tupac Shakur, and comedian Bill Cosby's second stand-up album. It's not just performances either; the list also includes a collection of Marine Corps combat field recordings from World War Two. Source Link
