Detroit Automakers A Relic Of The Past
Celebrity Fires Consume the Media
To Battle Stations
Failure To Blow Election Stuns Democratic Party Faithful Mourn End To Losing Tradition
Looking Past Palin
The Earth’s Not Flat and It’s Not Warming
A Force For Good -- But Not At State
Palin Saboteurs Want to Kill Her Career Now
As GM Goes, So Goes The GOP
Happy Thanksgiving
Quantum Of Nonsense
Obama's School Choice
And They're Off
Time To ReassessThe Iraq War?
Erbe: Liberals,Get A Grip
Leaving Home
From Victim To Victor In Black America
They Gave All, For . . . This?
'No' To Obama'S Experimental Government
Failure Is Not An Option
Weekly Review
Keeping Cool Over Joe Lieberman
Leaders Duck And Hide While Wall Street Steals From Us
Obama's Call To Service Meets The Economic Meltdown
A Bridge We Need
Trusting Paulson
The Secret Of Happiness
History Is Screaming
'Keynsian Moment' Needed To Fight 'Great Recession'
A Lemon Of A Bailout
For Obama, A Game Of High-Stakes Fiscal Poker
No One Should Be Railin' Or Bailin' On Palin
Must Obama 'Discipline' Democrats?
A Warrior Departs: 'Tell Them My Story'
The Insane Rage Of The Same-Sex Marriage Mob
Sarah Palin Is Not The Future Of The GOP
Walking On Sunshine
Hillary Appointment: The Audacity Of Broken Promises
GOP Needs Night Of The Long Knives
Obama's Washington
The New World Financial Order
A Bomb Thrower Vs. Obama Bashers
Let'S Hope Gop Will Give Us SomeThing To Vote For Rather Than Against
Is Gay The New Black?
DiscriminaTion Still Lives
The Truth about Government
Quo Vadis GOP
Sunset For The Old White Guys
Note To Gop: Get Serious About Women Candidates
Revenge Of The Boxes
Change We Can Bank On
Let Them Eat Spam
Choices Have Consequences -- Unless You're Joe Lieberman
Dean: Dems 'Big Tent' Party Now
Don't Bail Out the Big 3 -- Interview With Dan Ikenson
The Other Deficit
Blind Defense of Koran Abrogates Reality
Some Of My Best Friends Are…
In Detroit, Failure's a Done Deal
Evil Concealed By Money
The Clinton Gamble



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Weekly Review
Harpers Magazine 10/15/2008
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The world economy continued its collapse. The Dow Jones Industrial Average declined 22 percent over eight days, Wall Street lost $2.4 trillion in market value, and Iceland went bankrupt. The head of the International Monetary Fund warned that the world was on the "brink of systemic meltdown," and Democrats in Congress called for a $150 billion economic-stimulus plan to rebuild America's crumbling infrastructure. Barack Obama called for firms that create jobs to be rewarded with tax credits and for a moratorium on foreclosures; John McCain refused to answer questions about his economic plan, but was reportedly considering a cut in the capital-gains tax. "I'm not sure anyone is FDR this time," said one historian of Wall
Street. "I don't think either candidate has a clue what they're dealing with here." General Motors was talking to Chrysler about a merger, and a yacht-maker in Snohomish, Wash., announced it would lay off 780 employees and close its doors. The British funeral-services industry faced a backlog of hundreds of corpses as undertakers, unable to obtain credit, refused to perform burials for the poor until the government guarantees reimbursements. Britain, France, Germany and other European nations agreed to provide hundreds of billions of dollars to guarantee loans and to prop up banks, leading to a 936-point rally in the Dow, and the big counter in New York City that tracks the national debt ran out of digits.

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Sinking US Economy
By Angel Boligan - Cagle Cartoons, El Universal, Mexico City * Posted 10/10/2008 12:00:00 AM
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Sinking US Economy
© Copyright 2008  Angel Boligan - All Rights Reserved.
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