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Flickr / Rain Rannu

What’s a Few Trillion Yuan Between Comrades?

Instead of buying lots of new cheap things, people are busy stuffing what’s left of their money in mattresses. That has China, where the goodies come from, worried. The Chinese government has decided a stimulus is in order, to the tune of 4 trillion yuan (more than $550 billion).

Posted on Nov 9, 2008 READ MORE


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Obama Keeps On Winning

Two states, Nebraska and Maine, have rules that call for splitting their electoral votes by congressional district. Now, for the first time in the modern era, one has done so. Barack Obama has won one of Nebraska’s five electoral votes, according to the Omaha World-Herald. (Maine’s four votes went to Obama on Election Day.) The president-elect’s total now stands at 365.

Posted on Nov 9, 2008 READ MORE



Flickr / Matthias Winkelmann

Obama in Charge

For all the talk of checks and balances, the president has sweeping powers. Barack Obama is expected to demonstrate that by quickly reversing as many as 200 of President Bush’s executive orders after taking the oath of office Jan. 20. The president-elect has reportedly had scores of advisers working on the matter for months.

Posted on Nov 9, 2008 READ MORE


More Than 20 Killed in Russian Sub Accident

A Russian navy submarine propelled by nuclear power was heading back to port during a test run in the Sea of Japan when the fire-extinguishing system was accidentally activated near the sub’s bow, killing over 20 people and injuring at least 21 others aboard.

Posted on Nov 8, 2008 READ MORE


Al Gore
Flickr / World Economic Forum

Al Gore Back With a Plan

Former Vice President and presidential hopeful Al Gore seized upon the “change” theme that Barack Obama so successfully rode to victory in this year’s election to remind readers of Sunday’s New York Times that there’s one kind of change we don’t need: climate change.

Posted on Nov 8, 2008 READ MORE


Halberstam
nndb.com

FBI Tracked Halberstam for Over Two Decades

This is spooky: A group of journalism students from the City University of New York filed a Freedom of Information request and discovered that the FBI tracked the late Pulitzer Prize-winning journalist David Halberstam for more than two decades.

Posted on Nov 8, 2008 READ MORE


Barack and Nancy
Composite: Wikimedia Commons

Obama Sorry for Nancy Reagan Séance Remark

Oh, to have been a fly on the wall during Barack Obama’s apology call to Nancy Reagan on Friday. Obama called Mrs. Reagan after making a jokey comment, during his first press conference since he was elected president, in which he referred obliquely to her reported esoteric interests during her time in the White House.

Posted on Nov 7, 2008 READ MORE


Al Franken
realcities.com

Franken Closes In on Coleman

Having suggested that fellow Minnesotan Al Franken should concede defeat earlier in the week, Norm Coleman was keeping mum by Friday afternoon, when it was discovered that Franken was trailing his Republican rival for the U.S. Senate by only 238 votes.

Posted on Nov 7, 2008 READ MORE


Eliot Spitzer
diggersrealm.com

Spitzer Avoids Prosecution

Former New York Gov. Eliot Spitzer has avoided criminal charges for his well-publicized escapades with sex workers while in office. Largely responsible for the development was a decision by federal prosecutors to investigate Spitzer on questionable financial transactions—where they found no evidence of misuse—rather than the more titillating accusation of “transporting prostitutes across state lines.”

Posted on Nov 7, 2008 READ MORE


Unemployment
wfxl.com

Jobless Rate Hits 14-Year High

As if to prevent surplus national exuberance over the electoral defeat of John McCain on Tuesday, the Labor Department announced that the country’s unemployment rate has hit a 14-year high of 6.5 percent, with 240,000 jobs lost in October as joblessness continues to increase in the face of economic turmoil.

Posted on Nov 7, 2008 READ MORE


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