Posts Tagged “economy”
- Saudi Arabia’s information and cultural minister says his nation will call for a summit between oil producing countries and consumer states to talk about the spike in oil prices, for which the minister says there is no justification. That’s encouraging, but sounds like diplomat-speak for "don’t blame us–it ain’t our fault"…
- Presumptive presidential nominees Barack Obama and John McCain traded barbs over the economy yesterday, with Obama working to tie McCain’s policies to what many see as President Bush’s failed initiatives, and McCain claiming that Obama’s plan to end Bush’s tax cuts would only worsen the economy. In other words, it’s a "my tax cuts can beat up your tax cuts"…
- The new Apple iPhone introduced by CEO Steven Jobs yesterday will be faster, cheaper and have more bells and whistles than the inital model’s debut a year ago. Unfortunately, it will also require an $800 software upgrade about 30 days after purchase…
- Chemical giant DuPont says it will launch a study into why workers at their West Virginia plant appear to be getting a rare form of cancer at a faster rate than normal. Company executives insist it is a coicidence, just like the orange-colored tint given off by the plant’s graveyard shift…
- The Supreme Court agreed to hear a civil case against tobacco giant Phillip Morris for the third time, after twice rejecting a lower court decision. Maybe one of the attorneys has a thing for Ruth Bader Ginsberg…
- Baseball great Ken Griffey Junior hit his 600th career home run yesterday, becoming only the sixth player ever to reach that mlestone. That list includes Barry Bonds and Sammy Sosa, so you could say Junior is the fourth player ever to reach that milestone on his own…
Tags: Barack Obama, crude oil, economy, iPhone, John McCain, Supreme Court
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- Barack Obama’s campaign says that today’s Kentucky and Oregon primaries will give him a majority of pledged delegates–which they feel should convince more superdelegates to endorse him. Hillary Clinton wants the Michigan and Florida delegations seated, which would change the math involved in determining which candidate has a majority of all delegates–and John McCain would like this process to go on indefinitely…
- The Supreme Court has upheld laws that make it a crime to let someone believe you have child pornography, despite concerns that it could also apply to books or movies that depict adolescent sex–or even innocent emails that describe photos of grandchildren. Justice Anton Scalia wrote that the law had to be interpreted narrowly–in other words, the email would remain innocent unless it was sent to Michael Jackson…
- President Bush acknowledged the economic hard times faced by many Americans, but said he remained opposed to any legislation to rescue homeowners that would be a bailout for lenders. I think he’s still sore about the last auto financing deal he got…
- Experts say Americans are being affected by what they call "disaster fatigue", a condition where our usually generous donations to relief efforts dry up as we become overwhelmed by a never-ending, uncontrollable, and overwhelming series of disasters–such as the Myanmar cyclone and China’s earthquake. It also doesn’t help when it looks like Myanmar’s government took lessons on handling relief efforts from FEMA…
- A federal study found that more than two-thirds of young passengers and drivers in traffic fatalities were not wearing seat belts. What if we could make them MySpace friends–would that help?
- NASA says its next shuttle mission will launch May 31, a two-week trip to the International Space Station in order to deliver a Japanese lab. The crew aboard the ISS is anxiously awaiting its arrival–I guess they’re going through some sort of sushi withdrawal…
Tags: Barack Obama, child pornography, disaster, economy, Florida, Hillary Clinton, International Space Station, Kentucky, Michigan, NASA, Oregon, President Bush, space shuttle, superdelegates, Supreme Court
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- Senator Ted Kennedy remains in the hospital while doctors evaluate test results to determine what caused the 76-year-old Democrat to suffer a seizure Saturday morning. Hillary Clinton is especially anxious about his condition–she’s hoping he’ll have forgotten that he endorsed Barack Obama…
- Despite improvements in housing and credit, forecasters suggest the economy will weaken further and unemployment will increase. Luckily, we’re all too busy choking on $4 a gallon gas to take much notice…
- Governor Mike Huckabee said yesterday that he would very much like to be John McCain’s running mate in the presidential election. Huckabee probably figures he’ll be in the Oval Office inside of six months…
- Gas prices took another leap the past two weeks, as industry analysts say it jumped an average of 17 cents a gallon nationwide. The upside is that crime is down, since crooks can’t afford to fill up the getaway car…
- A brand of organic baby formula has become very popular with parents and infants in the US, but its use of cane sugar as a sweetener has many pediatricians concerned about dental problems and potential obesity–which is why the European Union will ban it use at the end of next year. What a tragedy that exercise and toothbrushes aren’t an option…
- Two Colorado men attacked each other with Tasers Saturday over a parking dispute. Police called it a "bonehead" confrontation–that’s where these two geniuses will likely feel the effects…
Tags: Barack Obama, economy, Gas prices, Hillary Clinton, John McCain, Mike Huckabee, Ted Kennedy
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- The economy got sort of a break in April, as the Labor Department reported that prices last month only rose 0.2%. When that’s the good news, you know you’re driving the wrong way on the Recovery Expressway…
- Former Democratic presidential hopeful John Edwards officially endorsed Barack Obama yesterday, the biggest among several recent endorsements for the candidate who many now believe will face John McCain in the general election. Hillary Clinton vows to continue to fight–not unlike a basketball team down by 30 with a minute to go…
- Former New Jersey governor James McGreevey told a judge in his divorce case that he’s too poor to pay alimony, claiming his resignation from office and marital problems have financially crippled him. Generally speaking, publicly throwing over your wife for another man puts you at a disadvantage in many ways…
- The Interior Department has declared the polar bear a threatened species due to the loss of Arctic ice, but said this should not be considered a global warming initiative. So–it must have been those darn Eskimos and their wienie roasts on the tundra…
- An international business school survey says the US tops the world in competitveness for the 15th straight year, but cautions that our economic problems may keep us from staying there. I understand Dick Cheney offered to take them out, but the president talked him out of it…
- Paul McCartney has angered environmentalists with his purchase of a high-priced hybrid car–because he chose to have it flown to him in Britain from Japan instead of via ship, completely negating the benefits the car would provide. Poor Paul–he couldn’t decide between being green and rich…
Tags: Barack Obama, Democrat, economy, global warming, Hillary Clinton, hybrid vehicle, John Edwards, Paul McCartney
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- The Olympic torch’s trip through San Francisco prior to this year’s Beijing Summer Games was significantly altered to avoid thousands of demonstrators protesting China’s treatment of Tibet. Perhaps securing the torch ought to be a new event…
- The White House is proposing mortgage assistance legislation, only Congressional Democrats say it doesn’t do enough for homeowners or help enough of them to avoid foreclosure. The administration says it wants to keep taxpayers out of the solution, and it appears they have…
- Federal officials predict that summer air travel could be worse than ever with skyrocketing fuel prices adding to already congested airports and possible further safety issues canceling flights. It could be that the only place you’ll be flying is off the handle…
- A new survey of middle-class Americans found that well over half don’t believe they are better off than they were 5 years ago. That was when we invaded Iraq–what an interesting coincidence…
- Animal shelter officials say that big black dogs like Rottweilers and Labradors are often the least adopted and most euthanized. Trust me, the only thing scary about most of these pooches is how they look trying to fit in someone’s purse…
- Dubai’s crown prince paid $2.7 million for a camel during a festival organized to help preserve the Arab region’s nomadic way of life. It appears it will help the sellers to buy themselves their own Mercedes limos…
Tags: 2008 Summer Olympics, airline, Animal shelter, Congress, economy, foreclosure, White House
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