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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

05 Feb 2009 10:32

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U.S.: How many jobs were lost in January? A lot.

  • 540,000 says the gov’t. Yikes. source
Posted by Ernie Smith • 0 Comments • Permalink

03 Feb 2009 06:47

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World: The Muslim world joins the space race, thanks to Iran

  • With God’s help and the desire for justice and peace, the official presence of the Islamic Republic was registered in space.
  • Mahmoud Ahmadinejad • Iranian president, on the country’s first homemade satellite launched into orbit today. They’re only about 60 years behind Russia and the U.S., but who’s counting? The country claims it was for peaceful reasons, but don’t tell that to people who might be sweating over this move. • source
Posted by Ernie Smith • 0 Comments • Permalink

02 Feb 2009 01:15

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Biz, U.S.: Did bailed-out banks hire foreign workers over U.S. citizens?

  • The numbers suggest it. Just before the economic collapse that required hundreds of billions of dollars in bailouts, banks were attempting to hire foreign workers en masse, an Associated Press investigation recently found. The dozen banks getting the biggest chunks of the $150 billion set aside just for them applied for 21,800 visas in the last six years. That number only increased over time; in fiscal 2008 alone, it was 4,163. source
Posted by Ernie Smith • 0 Comments • Permalink

29 Jan 2009 15:10

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U.S.: Today’s big scary number (it’s about jobs and unemployment)

  • 4.78 million people are on state jobless benefits rolls source
Posted by Ernie Smith • 0 Comments • Permalink

28 Jan 2009 16:56

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Biz, U.S.: Here’s a visual to put those scary economic numbers in perspective

Interest rates have gone down like this in the last two years. Yeah. Scared yet? source
Posted by Ernie Smith • 0 Comments • Permalink

28 Jan 2009 16:47

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Biz, U.S.: Scary depressing numbers of the day (they’re about the economy)

  • 0-0.25% the current Federal interest rate, a historical low; the Feds are willing to take drastic measures to speed up the economy source
Posted by Ernie Smith • 0 Comments • Permalink
 

28 Jan 2009 15:31

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Tech, U.S.: After a House vote fails, the Digital TV transition is still on.

  • 6.5 million homes aren’t ready for the Feb. 17th change. Scary. source
Posted by Ernie Smith • 0 Comments • Permalink

28 Jan 2009 09:04

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U.S., World: Iran to Obama: Regarding that change thing, not so fast

  • Those who speak of change must apologize to the Iranian people and try to repair their past crimes.
  • Mahmoud Ahmadinejad • Iranian president, on U.S. president Barack Obama’s proposed olive branch to the Muslim world and the Middle East • source
Posted by Ernie Smith • 1 Comment • Permalink

27 Jan 2009 15:05

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U.S.: According to the polls, Obama’s a popular dude

  • 63% His current approval rating; that’s good, but it’s early source
Posted by Ernie Smith • 0 Comments • Permalink
 
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