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10 Feb 2009 20:59

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Biz, U.S.: Experts didn’t like the bailout plan

  • This policy is just inadequate. The first quarter is just going to be grotesque for the banks – and then we’re going to have to have this discussion all over again.
  • Chris Whalen • A managing director at financial research provider Institutional Risk Analytics, on Treasury Secretary Timothy Geithner’s bailout plan, which proved to be highly unpopular on its announcement. • source
Posted by Ernie Smith • 0 Comments • Permalink

10 Feb 2009 10:34

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U.S.: The Senate votes on the stimulus bill today. How big is it?

  • $827 billion right now, $100 billion less than before source
Posted by Ernie Smith • 0 Comments • Permalink

10 Feb 2009 10:06

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U.S.: Treasury secretary: “American people have lost faith”

  • Our challenge is much greater today because the American people have lost faith in the leaders of our financial institutions, and are skeptical that their government has – to this point – used taxpayers’ money in ways that will benefit them.
  • Timothy F. Geithner • Treasury secretary, who will announce a bailout plan for the banks today. • source
Posted by Ernie Smith • 0 Comments • Permalink

09 Feb 2009 22:54

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U.S.: Ex-eBay CEO plans California governor run, auctioning of seat

  • California faces challenges unlike any other time in its history – a weak and faltering economy, massive job losses, and an exploding state budget deficit. I refuse to stand by and watch it fail.
  • Meg Whitman • One of Silicon Valley’s most prominent conservatives. Whitman plans to run for governor of California in 2010. On a side note, how weird would it be to go from the Terminator, Arnold Schwarzenegger, to someone who made her money auctioning off Beanie Babies? • source
Posted by Ernie Smith • 0 Comments • Permalink

09 Feb 2009 10:29

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U.S.: The grandmother of the octet is ticked at her daughter, a.k.a. mom

  • She already has six beautiful children, why would she do this? I’m struggling to look after her six. We had to put in bunk beds, feed them in shifts and there’s children’s clothing piled all over the house.
  • Angela Suleman • Mother of Nadya Suleman and grandmother of the octuplets born last month. Suleman was interviewed by celebrity news site RadarOnline.com, which also posted photos of their disheveled three-bedroom home. In other news, Nadya has a publicist *sigh*. • source
Posted by Ernie Smith • 0 Comments • Permalink

08 Feb 2009 21:29

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U.S.: Gas is creeping up in price again

  • 6¢ national rise in prices in the last two weeks; it’s nearly $2 a gallon source
Posted by Ernie Smith • 0 Comments • Permalink

08 Feb 2009 21:25

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U.S.: Harsh criticism of the stimulus thing from a top senator

  • Everybody on the street in America understands that. This is not the right road to go. We’ll pay dearly.
  • Sen. Richard Shelby • The ranking Republican on the Senate Banking Committee. So, if this isn’t the right road to go down, why didn’t we go down the right road with our last president? Just sayin’. • source
Posted by Ernie Smith • 0 Comments • Permalink
 

08 Feb 2009 21:14

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Offbeat, U.S.: What bothers people about McMansions? They’re too tall.

  • Somebody did a study on this. Not a parody one, either. Ohio State University, that school we love to hate (we’re from Michigan, OK?) did a study on the proliferation of McMansions, those really nice-looking standardized houses that have started cropping up in exurbs across the country. Most participants in the study said they didn’t mind the giant houses – as long as they didn’t stick out like a sore thumb, lording over the neighborhood like a castle. Personally, we think they’re perfect for Jesusland. source
Posted by Ernie Smith • 0 Comments • Permalink

08 Feb 2009 10:40

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Offbeat, U.S.: The FDA’s got your goat; it makes your medicine

They just approved gene-altered goats for drug-making. That’s baahhhhdass. source
Posted by Ernie Smith • 0 Comments • Permalink

08 Feb 2009 10:19

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U.S.: Obama ups the pass-the-stimulus pressure on Congress

  • In the midst of our greatest economic crisis since the Great Depression, the American people were hoping that Congress would begin to confront the great challenges we face. That was, after all, what last November’s election was all about.
  • Barack Obama • in his weekly radio address. Obama has pushed hard for the $800+ billion stimulus bill to pass, particularly in the last week, when he’s seen resistance from Republican senators. They’re trying to accomodate, though: Senators debated the details of the plan in a rare Saturday session. • source
Posted by Ernie Smith • 0 Comments • Permalink
 
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