Obama staffer to testify at John Edwards trail

(AP) Obama staffer to testify at John Edwards trail
GREENSBORO, N.C.
A former campaign spokeswoman for John Edwards will testify about a 2007 argument where the presidential candidate's wife confronted donors about support for her husband's pregnant mistress.

Jennifer Palmieri is expected to testify at Edwards' corruption trial Wednesday that she was in an Iowa hotel room in October 2007 when Elizabeth Edwards confronted campaign finance chairman Fred Baron and his wife about the couple's financial help to Rielle Hunter. John Edwards was also there.

According to Palmieri, Baron tried to calm Edwards' angry wife by saying Hunter was a "loose cannon" who had to be kept happy, lest she go to the press.

Palmieri is now the deputy communications director for President Barack Obama.

Edwards has pleaded not guilty to six criminal counts related to campaign finance violations.

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The past several months have seen the price of gold slump even as the Fed and other central banks have accelerated their massive expansion of paper money. Gold is off about 20% so far this year with silver down almost 30%. The old adage--“don’t fight the Fed”--particularly comes to mind now because the US equity markets have been setting new highs during this same period. All of these gains are nominal, you understand, but for terrified American policy makers and investors, nominal is just fine.

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