September 30, 2008

House rejects Wall Street bailout, stocks crash (AFP)

anchorman wrote this mid-morning:

US Capitol at sunset in Washington, DC. The US House of Representatives Monday dramatically rejected a 700-billion-dollar Wall Street bailout, sending stocks crashing to their worst single day loss ever and deepening the US financial crisis.(AFP/File/Karen Bleier)AFP - The US House of Representatives Monday dramatically rejected a 700-billion-dollar Wall Street bailout, sending stocks crashing to their worst single day loss ever and deepening the US financial crisis.


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Egypt desert hostages freed after 10-day ordeal (AFP)

anchorman wrote this mid-morning:

European tourists, who were taken hostage by bandits in the Egyptian desert 10 days ago and rescued today by the Egyptian army, hold bunches of flowers after leaving an Egyptian military airplane. A group of European tourists and their guides snatched by armed bandits in a remote desert 10 days ago were freed unharmed in a pre-dawn raid by Egyptian Special Forces today, officials said.(AFP/Cris Bouroncle)AFP - A group of European tourists and their guides snatched by armed bandits in a remote desert 10 days ago were freed unharmed in a pre-dawn raid by Egyptian special forces on Monday, officials in Egypt said.


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Gates predicts no sharp cuts in defense budgets (Reuters)

anchorman wrote this mid-morning:

U.S. Sheridan are mothballed at Fort Irwin, California Army National Training Center April 10, 2006. (Rick Wilking/Reuters)Reuters - Defense Secretary Robert Gates predicted on Monday that growth in U.S. military spending would level off in the coming years but not face severe cutbacks, despite the current economic crisis.


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Prosecutor appointed to probe attorney firings (Reuters)

anchorman wrote this mid-morning:

Attorney General Michael Mukasey speaks about the Administration's legal approach in the conflict with al Qaeda at the American Enterprise Institute in Washington July 21, 2008. (Joshua Roberts/Reuters)Reuters - Attorney General Michael Mukasey on Monday appointed a prosecutor to examine potential criminal charges in the Justice Department’s firings of nine federal prosecutors after an inquiry found evidence several of the dismissals were politically motivated.


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Ex-CIA official pleads guilty in contracts case (Reuters)

anchorman wrote this mid-morning:

A van with evidence from a federal raid departs the home of former CIA Executive Director Kyle 'Dusty' Foggo in Vienna, Virginia, May 12, 2006. (Jonathan Ernst/Reuters)Reuters - A former third-ranking official at the CIA pleaded guilty on Monday to fraud charges related to accusations he improperly steered agency contracts to his best friend, the Justice Department said.


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Fearful consumers stop spending in August (Reuters)

anchorman wrote this mid-morning:

Shoppers walk along Broadway in New York's Soho shopping district August 13, 2008. (Brendan McDermid/Reuters)Reuters - Consumers facing rising unemployment kept their spending unchanged in August even though incomes rose, according to a government report Monday that showed optimism about the economy’s direction was fading.


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McCain attacks Obama over bailout failure (Reuters)

anchorman wrote this mid-morning:

Republican presidential nominee Senator John McCain (R-AZ) walks to the podium to make a statement to reporters in West Des Moines, Iowa about the failure of the Wall Street Bailout bill to pass in the U.S. House of Representatives September 29, 2008. (Brian Snyder/Reuters)Reuters - Republican John McCain accused presidential rival Barack Obama on Monday of helping sink a $700 billion rescue plan for Wall Street, but Democrats said McCain was deflecting attention from his own failures.


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Taliban’s Omar offers deal to U.S. on withdrawal (Reuters)

anchorman wrote this mid-morning:

Reuters - Taliban leader Mullah Omar on Monday urged U.S. and NATO forces in Afghanistan to withdraw or face a similar defeat to occupying Soviet troops a generation ago.

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Medicaid long-term health care costs to soar (Reuters)

anchorman wrote this mid-morning:

Charles Todd Lee is seen in his room at the Community Care Center in Plant City, Fla., Tuesday, Sept. 16, 2008. He's among the Medicaid recipients across Florida challenging the nightmare of the old and disabled: to be forced from comfort and familiarity into a nursing home. They say the state is illegally forcing them to live in nursing homes when they should be able to live where they choose.(AP Photo/John Raoux)Reuters - Fueled by the needs of a growing elderly population, U.S. spending on long-term health care under the Medicaid program will soar in the next 20 years, a report released on Monday predicted.


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Ramirez slams White Sox into playoff with Twins (AP)

anchorman wrote this mid-morning:

Chicago White Sox's Paul Konerko, left, hugs Alexei Ramirez after Ramirez's grand slam that scored Jermaine Dye, Ken Griffey Jr. and Konerko, during the sixth inning of a baseball game against the Detroit Tigers in Chicago, Monday, Sept. 29, 2008. (AP Photo/Charles Rex Arbogast)AP - Alexei Ramirez spread his arms wide, raced around the bases like a little kid and jumped into Paul Konerko’s embrace at home plate. No wonder they were so happy. The White Sox would play one more day.


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