TPM News

The Justice Department announced Wednesday that Kevin Harpham, the man arrested for planting a bomb along the route of a Martin Luther King, Jr. Day parade in January, has pleaded guilty to attempted use of a weapon of mass destruction and attempt to commit a federal hate crime.

Harpham's plea agreement calls for a sentence of between 27 and 32 years in prison as well as a lifetime term of court supervision after he is released from prison, according to DOJ.

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What's next for Yahoo in the wake of its abrupt firing of CEO Carol Bartz?

If someone really knows, then Yahoo probably wouldn't be in the position it is now, a rudderless, gutted ghost ship that enjoys a huge legacy audience, but that hasn't managed to upgrade or direct itself sufficiently to compete in a media world that is increasingly centered around users' behavior and social connections.

While the well-compensated Bartz took the fall for the lack of lift-off of Yahoo's stock price under her relatively short tenure, Yahoo's board has also come under fire in popular commentary. After all, it has replaced three CEOs in just over four years.

Nevertheless, investors cheered the move Wednesday, sending the stock up 4 percent Wednesday in the wake of Bartz's firing.

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GOP presidential candidate Jon Huntsman announced that he will host his first town hall in New Hampshire next week. The state, which holds the first primary, is a vital part of his campaign’s strategy. Spokesman Michael Levoff explains, ‘Town halls are a quintessential part of the primary process in New Hampshire. Governor Huntsman looks forward to answering voters’ questions and sharing with them his record of leading Utah to number one in job creation and making the largest tax cuts in the state’s history.

Fellow candidates Mitt Romney, Newt Gingrich, Ron Paul, and Rick Santorum have all already held town halls in the state.

Politico’s Ben Smith reports:

Democratic National Committee Chairwoman Debbie Wasserman Schultz, a party source said, has nominated Minneapolis Mayor R.T. Rybak as DNC vice chairman, a move expected to be finalized at a party gathering this weekend.

By Nikki Gordon-Bloomfield

Bringing a new car to market costs a lot of money -- around $1-2 billion per platform on a new volume vehicle.

As any auto industry insider will tell you, it isn't just money either -- it's about years of planning, development and testing before a car is ready to make the transition from computer renderings to the dealer's lot.

For most automakers, building a new model involves looking back on years of experience developing engines, tweaking chassis and perfecting drivetrains -- but what does it cost to develop an entirely new range of cars from scratch?

That's a question we've all wondered for some time. According to Nissan/Renault CEO Carlos Ghosn, the answer is a lot.

$5.6 billion.

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Pretty massive. The Atlantic’s Alexis Madrigal has put together several Google maps charts comparing the area of the Texas wildfires compared to the country’s 10 biggest cities. Check it out.

In an opinion piece published today, Newt Gingrich accused the Obama administration of engaging in a ‘vendetta’ against the Gibson Guitar Company, which was raided by the Justice Department earlier this month on suspicion that Gibson had illegally imported wood from Madagascar and India. The former Speaker was horrified that the Justice Department would waste the resources of 26 agents to raid the ‘small business’ when they could have been used to secure our borders or ‘hunt down terrorists.’

Gingrich called the raid ‘insanity’ and asked Congress to investigate the ‘bizarre events and the Obama appointees responsible.’

In an interview with Greta Van Susteren, former Secretary of Defense Donald Rumsfeld claims that President Obama has accepted much of the Bush Doctrine out of necessity, contrary to many of his own campaign promises. As evidence, Rumsfeld pointed to the administrations enforcement of the Patriot Act, indefinite detention of terror suspects, and the continued operation of the detention facility at Guantanamo Bay.

‘All of those things were criticized,’ said Rumsfeld, ‘but today are still in place two-and-a-half years later because they are the best alternative to other choices—and they are in fact successful in keeping America safer.’

Bob Turner, the Republican candidate in the NY-9 special election, is under fire from Democrats for telling an audience in a debate Tuesday night that he "never met a loophole I didn't like." But according to Turner, the real problem is that people can't take a joke.

Turner's loophole quote came in response to a question asking him to name one tax break he'd eliminate. "As a Republican, I never met a loophole I didn't like," he said. "I really don't know."

His rival, Democrat David Weprin, put out a statement on Wednesday condemning his comments.

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