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AP Photo/J. Scott Applewhite

New IRS Audit Process: Still Trouble for Conservative ‘Dark Money’

The Internal Revenue Service is trying to recover from allegations of obstruction of justice regarding Lois Lerner’s regarding purported biased recommendations that targeted conservative groups for audit and prevented Tea Parties from gaining not-for-profit status. Now, the IRS just appointed three relatively inexperienced managers to serve as the gatekeepers for reviewing 501(c)4 “dark money pools” and their political activity, according to an agency memo leaked to the OpenSecrets Blog.

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Experts Warn Royce, House About Iran Nuclear Deal

The House Foreign Affairs Committee hosted experts on the Middle East on Thursday to examine the new Iran deal and its consequences for U.S. national security and foreign policy. Committee chair Ed Royce (R-CA) put the question to expert witnesses and fellow representatives: “[A]re temporary constraints on Iran’s nuclear program worth the price of permanent sanctions relief?”

Apple logo darkness (Justin Sullivan / Getty)

Wall Street’s Love Affair with Apple May Be Over

In its last quarter that will be impacted by innovation on Steve Jobs’ watch, Apple booked strong quarterly revenue and earnings yesterday. But the company had to admit that existing Apple customers were slow to upgrade to new iPhone releases and Apple as a status symbol in China may be coming to an end. The stock plunged by -10 percent, or about $80 billion, before recovering somewhat today. But as Breitbart News warned last month, ‘Apple Products: Without Steve Jobs, the Thrill is Gone.’

Bear Bomber (U.S. Navy / Getty)

Russian Nuclear Bear Bombers Fly 40 Miles off California Coast

On July 4, Two Russian Tu-95 Bear Bombers, which can carry nuclear warheads, flew within 40 miles of the Northern California Coast around the time Russia’s President Putin and America’s President Obama conducted a private telephone call that the Kremlin referred to as an effort to “find solutions” to international issues.

<> on April 8, 2015 in Pleasanton, California.

Met Water District Just Lost up to 5% of SoCal Water to San Diego

The San Diego County Water Authority not only won $190 million last week from the Metropolitan Water District of Southern California, but may have also won $2 billion in future costs savings and another 5 percent of all “Met” water that is currently being wholesaled to the other 25 other Southern California water districts.

Mount Soledad Cross (Sandy Huffaker / Getty)

Private Group Buys Land Under Mt. Soledad Cross

After two decades of battling over the fate of the Mount Soledad Veterans Memorial and the cross that stands atop it, the federal land under the memorial has been sold to the private Mount Soledad Memorial Association in a $1.4 million fair value exchange.