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Obama’s Poll Surge Continues

With the campaign headed into the final weeks before the election, new polls pop up every day, and they continue to show a strong trend in favor of Barack Obama. Depending on the survey, Obama is ahead or tied in as many as 10 states won by George W. Bush in 2004, including faux-purple Florida and ruddy Indiana. But just being ahead in the polls doesn’t mean Obama will win. Update

Posted on Oct 7, 2008 READ MORE


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AP photo / Manuel Balce Ceneta

And Now, Even More Bad Financial News

There will hopefully come a day when the news from Wall Street is actually good (at the moment, anything better than utterly terrifying news would be nice), but Tuesday was not that day, despite Federal Reserve Chairman Ben Bernanke’s intimations that help could soon be on the way.

Posted on Oct 7, 2008 READ MORE


Anti-Obama Author Deported From Kenya

Jerome Corsi’s scheduled visit to Kenya to promote his latest book, “The Obama Nation: Leftist Politics and the Cult of Personality,” was cut short after local authorities, who claimed that Corsi didn’t have the right permit, arrested the author and sent him packing on a plane to Europe on Tuesday.

Posted on Oct 7, 2008 READ MORE

Reporters Blocked From Interviewing Palin Supporters

The McCain-Palin campaign has been criticized for limiting media access to VP hopeful Sarah Palin, and now it seems some journalists are having trouble interviewing her supporters, judging by the situation at the Alaska governor’s campaign stop Monday in Clearwater, Fla.

Posted on Oct 7, 2008 READ MORE

money bags

Just How Fat Are Wall Street’s Fat Cats?

Sure, we’ve all heard the stories about Wall Street bigwigs lining their pockets with gold dubloons while the rest of us scramble to save pennies, but The New York Times has drawn out that contrast in graphic detail with a handy series of charts showing the total earnings (including bonuses) of 12 top executives from 2003-2007.

Posted on Oct 7, 2008 READ MORE

wikimedia commons / Samuel Blanc

One-Fourth of Mammals Face Extinction

According to a new report, roughly a quarter of the world’s mammal species are at risk of extinction. Deforestation, loss of habitat and hunting are to blame for declining mammal populations around the world.

Posted on Oct 6, 2008 READ MORE

Richard Fuld Jr.
World Economic Forum / Remy Steinegger

Lehman Bros. Paid Execs Millions as Company Tanked

On Monday, the House Oversight and Reform Committee took a look into the collapse of Lehman Brothers as part of a larger review of the factors leading to the current economic crisis, and it wasn’t a pretty sight. Judging by the committee’s account, leaders at Lehman Bros. disregarded key warnings of impending trouble and cut hefty checks for their fellow executives even as the firm teetered on the brink of disaster.

Posted on Oct 6, 2008 READ MORE

Timeline: The Global Credit Crisis

To help all those still reeling from sudden onset econo-tastrophe syndrome, the BBC has put together a handy timeline, which connects the dots between events over the last couple years but doesn’t quite take the long view, thus leaving out a few key moments and players from, say, the 1990s (paging Phil Gramm).

Posted on Oct 6, 2008 READ MORE

DoD / Michael L. Casteel

British Commander Calls Taliban Unbeatable

Victory in Afghanistan? That’s “neither feasible nor supportable,” according to the outgoing commander of British forces there, who tells The Times of London that the Taliban “seems relatively impervious to losses.” The Afghan government must instead reach some political settlement with more moderate insurgents, concluded Brigadier Mark Carleton-Smith.

Posted on Oct 5, 2008 READ MORE

Europe Catches Bailout Fever

European leaders decided against a joint bailout of the Continent’s financial system, but that hasn’t stopped individual governments from trying to save failing and financially shaky institutions. The German government, which has been highly critical of U.S. economic mismanagement, just backed a $68-billion deal to save one of its biggest banks.

Posted on Oct 5, 2008 READ MORE

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