Obama rushes to quell racial uproar he helped fire WASHINGTON - Knocked off stride by a racial uproar he helped stoke, President Barack Obama hastened Friday to tamp down the controversy. Obama, who had said Cambridge, Mass., police "acted stupidly" in arresting black scholar Henry Louis Gates Jr., declared the white arresting officer was a good man and invited him and the professor to the White House for a beer. Obama picks Florida's Fugate to head FEMA WASHINGTON - President Barack Obama on Wednesday tapped Florida emergency manager Craig Fugate to head the Federal Emergency Management Agency, turning to a Republican appointee who has steered the Southern state through numerous hurricanes since 2001. Regulators were warned about parachuting financier INDIANAPOLIS - An Indiana financial manager who parachuted from a small plane in a suspected bid to fake his death handled lucrative accounts in several states for years despite repeated accusations that he was bilking investors.
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