28 March 2008
News and Comments - 03/28/08
Posted by Roy Bischoff under: What's News .
8 Comments so far...
Jesse Says:
28 March 2008 at 1:06 am.
Gore’s Message To Climate Change Skeptics
Tells 60 Minutes That Doubting Global Warming Is Man-Made Is Akin To Believing Earth Is Flat
(CBS) Self-avowed “P.R. agent for the planet” Al Gore says those who still doubt that global warming is caused by man - among them, Vice President Dick Cheney - are acting like the fringe groups who think the 1969 moon landing never really happened, or who once believed the world is flat.
http://www.cbsnews.com/stories/2008/03/27/60minutes/main3974389.shtml
Jesse Says:
28 March 2008 at 1:07 am.
Drudge has a big picture of McCain and Romney front and center with the words: Is This the Ticket?
Cameron Says:
28 March 2008 at 6:42 am.
Is the money just coming from the executives? Does it make it different if the money is not coming from registered lobbyists?
Obama blames ‘ethic of greed’ for economy
Jeanne Cummings Thu Mar 27, 7:54 PM ET
Barack Obama went to New York Thursday and blamed lobbyists, greedy businessmen and complacent Washington politicians for creating “an ethic of greed” that led to today’s foreclosure crisis.
Not long after he left the stage, the Democratic presidential hopeful attended a fundraiser held by his campaign in a room in the Manhattan headquarters of Credit Suisse, one of the major investment companies caught up in the subprime lending mess.
While the fundraiser was not sponsored by the mortgage lender, Obama’s dual appearances highlight a challenge for all three of the remaining presidential candidates: convincing ordinary citizens they have the right formula for fixing the economy and enough independence from the nation’s financial mandarins to push it through Washington.
Hillary Rodham Clinton’s campaign pounced on the mixed images evoked by Obama’s New York schedule.
“According to the standard set by the Obama campaign, it looks like Sen. Obama will have a hard time cracking down on the practices that caused the credit and housing crises,” said Phil Singer, the Clinton campaign spokesman.
But Bill Burton, an Obama spokesman, fired right back.
“Today’s event was a general fundraiser in a room paid for by our campaign and attended by people from varied backgrounds who are committed to changing the tone of our politics — and rejecting the kind of tactics that the Clinton campaign is now embracing. Any suggestion that this was a fundraiser hosted by the mortgage industry is laughable,” he said.
In truth, all of the candidates have made multiple trips to New York’s financial district — including the big investment firms now caught up in the mortgage meltdown — to collect cash for their campaigns in the past two years.
Bear Stearns, the near-bankrupt investment house that set off the latest market upheaval and the largest underwriter of mortgage bonds last year, was a regular donor.
Clinton has received $122,160 from Bear executives. Obama collected $40,925 and presumptive GOP nominee John McCain pocketed $66,800.
Morgan Stanley ranked second among mortgage underwriters last year. Its executives have given $383,420 to Clinton, $161,850 to Obama and $80,651 to McCain.
http://news.yahoo.com/s/politico/20080327/pl_politico/9238
Matt Says:
28 March 2008 at 10:34 am.
Good thing they aren’t going to charge Rush because the democrats did it to help nominate McCain.
Limbaugh safe from voter-fraud charges
Radio host encouraged fans to vote Democratic
Friday, March 28, 2008 2:59 AM
Radio talk-show host Rush Limbaugh has been telling his audience for days now that he could be indicted for encouraging Ohio Republicans to take a Democratic ballot in the March 4 primary in what he calls “Operation Chaos.”
Could that actually happen?
Not likely, Ohio officials say.
“We have no intention of prosecuting Rush Limbaugh because lying through your teeth and being stupid isn’t a crime,” said Leo Jennings, a spokesman for Democratic Attorney General Marc Dann.
Matt Says:
28 March 2008 at 10:38 am.
Darn, I was hoping the worst was over.
Dollar Heads for Biggest Weekly Drop Against Euro in a Month
March 28 (Bloomberg) — The dollar headed for its biggest weekly decline in a month against the euro as traders raised bets the Federal Reserve will cut interest rates to avert a recession.
The currency was also poised to drop versus the British pound and the Swiss Franc before a U.S. government report today that will probably show growth in consumer spending slowed. The yen fell against the Australian and New Zealand dollars as gains in Asian stocks prompted traders to increase holdings of higher- yielding assets funded with loans from Japan.
“There are further declines ahead for the dollar,” said Antje Praefcke, a Frankfurt-based currency strategist at Commerzbank AG, Germany’s second-largest lender. “The U.S. is probably facing a recession and the Fed will cut rates further. There are ongoing problems with the financial sector. All of this is not good news for the dollar.”
http://www.bloomberg.com/apps/news?pid=20601087&sid=arRP1iTbLQ94&refer=home
Carrie Says:
28 March 2008 at 2:14 pm.
Condeleeza Rice said she would take the VP if it was offered. Before she said she wouldn’t. I wonder what changed her mind?
M.G. Says:
28 March 2008 at 4:49 pm.
Condi seems like a very nice woman and I think she would be an all right choice except for one thing. The economy. We need Romney’s expertise and it should be obvious to everyone that he is the man for the job. I think McCain would win with him. Maybe McCain is so arrogant he thinks he doesn’t need anyone but himself but I think he does.
Benjamin Says:
28 March 2008 at 5:37 pm.
McCain might think a black woman would help him more than a white male Mormon. And speaking as a white male Mormon, he may be right.
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