New Stuff to Blog About and More

In the News, September 30, 2008

The Bailout Fails

Constituents made it known to their representatives- they didn't like the $700,000,000,000 bailout of financial institutions who took part in risky practices. The result will most likely a credit problem like most American's could never imagine. American's made it known that they are willing to deal with the credit limits coming their way rather than have to bail out Wall St. fools.

The House rejected the rescue plan and stunned the White House. Sen. Barack Obama blasted Congress for not passing a financial rescue package saying that inaction in Congress and partisanship have made people lose faith in Washington. Sen. John McCain's campaign accused Obama and Democrats of putting "politics ahead of country."

As a result, the Dow plunged a record 777 points, the worst percentage drop since the 1987 crash.

The bill failed by a vote of 205 to 228, with 140 Democrats and 65 Republicans voting in favor and 95 Democrats joining 133 Republicans against.

"This is a moment of national crisis, and today's inaction in Congress as well as the angry and hyper-partisan statement released by the McCain campaign are exactly why the American people are disgusted with Washington," the Obama-Biden campaign said in a statement released shortly after the vote.


........
Froze her Children
Renee Bowman, 43, told police the bodies of two of her children were in the freezer since February.


A mother told police that child-sized human remains uncovered in her basement freezer were those of her two adopted daughters, and police believe that she is responsible for their deaths.

Police were at the woman's home with a search warrant to investigate the treatment of a girl who had run away and "showed signs of extreme abuse and neglect," the sheriff's department said.

She is charged with first-degree child abuse in the beating of the runaway 7-year-old, who was found wandering in the neighborhood wearing only a blood- and feces-soaked T-shirt.



........
Round 2- this Thursday

SARAH PALIN, U.S. Republican vice presidential candidate, on the upcoming debate with her Democratic rival

Sen. Joe Biden and Gov. Sarah Palin , the vice presidential nominees will debate each other at 8 p.m. (CDT) Oct. 2 in the Washington University in St. Louis Athletic Complex, according to the Commission on Presidential Debates (CPD).

ABC News' George Stephanopoulos reports: At Thursday night's vice presidential debate between Alaska Gov. Sarah Palin and Sen. Joe Biden, D-Dela., in St. Louis, Palin cannot afford to make a mistake.

A major mistake, particularly on foreign policy, would be absolutely fatal to her candidacy.

Palin must also avoid what we've seen from her in recent media interviews: those deer in the headlight moments where it seems like she doesn't know what to say.

Palin's favorability numbers have gone down from 58 percent on Sept. 7 to 52 percent, according to the latest ABC News/Washington Post poll. The number of people who say she's not qualified to be vice president is going up. Almost half the country, 49 percent, say she's not qualified, compared to only 21 percent for Biden, according to the latest ABC News/Washington Post poll.

As for the debate that took place last week, the most recent is the USA Today/Gallup poll released today which shows 46 percent of people though Obama won and 34 said McCain won.

abcnews.com



Subscribe to USA TODAY

Subscribe to Sports Weekly


0 comments:

Find it Here

Custom Search