- The stock market returned to its wild ride Monday, as news of a global plan for buying directly into banks sent prices surging everywhere–including the US, where the Dow posted a gigantic 932 point gain, it’s biggest one-day bump in history. Brokers everywhere celebrated by taking off their homeless person disguises…
- President Bush said he would announce new plans Tuesday that will use a portion of the $700 billion bailout money for the purchase of stock in major US banks–the same plan adopted in Great Britain and throughout Europe. It must be strange for the president to announce a policy that wasn’t dictated to him while asleep by Karl Rove or Dick Cheney…
- Democratic Congressman Tim Mahoney of Florida called for a House Ethics Committee investigation into his own conduct after an ABC News report that he agreed to pay $121,000 to a former mistress and staff worker after being threatened with a sexual harassment suit. He’s either incredibly confident, insane or calculating–in other words, a politician…
Princeton professor and New York Times columnist Paul Krugman is the recipient of the Nobel Prize for Economics for his work on international trade patterns–making Krugman the best-known American economist to win the award in decades. Krugman has been a relentless critic of the Bush administration’s economic policies, particularly the bailout package–which to much of the world would qualify him as a genius…- Canada is wrapped up in an election campaign as well, with voters going to the polls Tuesday to likely re-elect Conservative Party incumbent prime minister Stephen Harper over Liberal Party leader Stephane Dion. A native of Quebec, Dion’s struggles with the English language have been a campaign issue–you mean like Sarah Palin?
Wildifres in Southern California are moving into suburban Los Angeles neighborhoods, fanned by the area’s legendary Santa Ana winds, forcing frantic evacuations by homeowners–some given as little as 20 minutes to escape the engulfing flames. There are those trying to put a positive spin on the tragedy–their commute just got a lot shorter…
|
Leave a Reply
|
Entries (RSS)