Gaffney: The Democrats' 'Soft' Jihadist

Democrats choose Obama in historic acclamation   By Ron Edmonds (AP)

Clinton forcefully endorses Obama By Jae C. Hong (AP)

Former President Clinton has pledged to cheering Democratic National Convention delegates to strongly support Barack Obama's campaign for the White House.

Clinton told the convention Wednesday night that Obama "has a remarkable ability to inspire people." The former president's speech had been eagerly awaited by Democrats in view of his own past criticism of Obama and his ambivalence about the Illinois senator.

Clinton said that Obama had "hit one out of the ballpark" when he chose Sen. Joseph Biden to run with him. Read More...

Mortgage finance giant Fannie Mae shook up its executive ranks Wednesday, after shares in it and sibling company Freddie Mac rose for a third straight day as investors appeared less certain a government bailout of the two troubled companies is imminent.

Fannie Mae, the largest buyer and backer of U.S. home mortgages, said its chief financial officer and two other top executives are leaving the company. Three current executives were promoted to replace them.

Fannie Chairman Stephen B. Ashley said in a statement that board members remain "firmly committed" to Chief Executive Daniel Mudd. Read More...