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In the News, October 23rd, 2008

GOP spent $150,000 in donations on Palin's look

Many contributors are asking how the Republican National Committee could spend t about $150,000 on clothing, hair styling, makeup and other "campaign accessories" in September for the McCain campaign after Alaska Gov. Sarah Palin joined the ticket as his running mate.

According to, the expenses include $75,062 spent at Neiman Marcus in Minneapolis and $41,850 in St. Louis, $4,100 for makeup and hair consulting, $4,902 at Atelier (a stylish men's clothing store in New York)and a $92 romper and matching hat with ears froma baby store in Minneapolis.
Democrat Barack Obama's lead over Republican rival John McCain has grown to 12 points in the U.S. presidential race, with crucial independent and women voters increasingly moving to his side, according to a Reuters/C-SPAN/Zogby poll released today. Obama leads McCain 52 percent to 40 percent among likely voters in the latest three-day tracking poll, which had a margin of error of 2.9 points.

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Foreclosures up 21% from this time last year.

According to RealtyTrac, the number of homeowners hit by the foreclosure crisis grew by more than 70 percent in the third quarter of this year compared with the same period in 2007. In September, 81,312 homes were lost to foreclosure. 265,968 troubled borrowers received foreclosure filings, such as default notices, auction sale notices and bank repossessions in September -- a 12 percent decline from August's record high number and a 21 percent increase since September 2007.

Nationwide, nearly 766,000 homes received at least one foreclosure-related notice from July through September. By the end of the year, RealtyTrac expects more than a million bank-owned properties to have piled up on the market, representing around a third of all properties for sale in the U.S.

Six states; California, Florida, Arizona, Ohio, Michigan and Nevada were the hardest hit.

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