Swedish Meatballs
14 hours ago
Sen. Barack Obama (D-Ill.) may have one of the best-known faces in the world, but that doesn’t mean he is recognized everywhere, even in Washington.Read More......
Washington Sports Club employee Takehia Wheeler was manning the front desk to scan members’ identification cards Friday morning when the presidential candidate walked in with his entourage. The gym opened a month ago in the Columbia Heights district.
“He came in and walked past me,” Wheeler told In The Know. “I was like, ‘Sir, you need to come back.’ ”
Wheeler said Obama looked familiar, but she didn’t recognize him. So she asked for his ID card.
“I said, ‘What’s your last name?’ He said ‘Obama,’ ” Wheeler explained. “I said, ‘So what’s your first name?”
Then she laughed because it was at that point that Wheeler realized who she was talking to. How did she make amends? By saying, “Sorry, Mr. Future President!”
Democrats currently hold a majority of 235-199, with one vacancy. Speaking privately, numerous Republicans have long conceded they are well on their way to additional, possibly significant losses in November, given President Bush's low approval ratings, opposition to the war in Iraq and polls that show a large majority of Americans wanting change.Karen Hanretty, communications director for the NRCC, reacted to the private report by acknowledging the difficulties confronting her party."This is a challenging environment," she said. "Any Republican running for office has to run basically on an independent platform, localize the race and not take anything for granted. There are no safe Republican seats in this election."Read More......
Since last June, we've seen a fairly consistent pattern to the economic mood swings. Every three months or so, there's a round of bad news about housing, followed by warnings of more bank write-offs and then a string of disappointing corporate earnings reports. Eventually, things stabilize and there are hints that the worst may be behind us. Stocks regain some of their lost ground, bonds fall and then -- bam -- the whole cycle starts again.Read More......
It was only in November that the Dow had recovered from the panicked summer sell-off and hit a record, just above 14,000. By March, it had fallen below 12,000. By May, it climbed above 13,000. Now it's heading for a new floor at 11,000. Officially, that's bear market territory. We'll be lucky if that's the floor.
In explaining why that second-half rebound never occurred, the Fed and the Treasury and the Wall Street machers will say that nobody could have foreseen $140 a barrel oil. As excuses go, blaming it on an oil shock is a hardy perennial. That's what Jimmy Carter and Fed Chairman Arthur Burns did in the late '70s, and what George H.W. Bush and Alan Greenspan did in the early '90s. Don't believe it.
"I think there's a good chance that the Fed itself will fail one day if they say 'we're not going to let you fail' and the government will have to bail out the entire system," Faber said.Read More......
"If I'm a bad businessman and I go out of business, who's gong to help me?" he said. "But Bear Stearns and the Wall Street elite, because they are tied into the Treasury and the Federal Reserve and they have lunch together, it's a club and so forth, they're bailed out. It's a joke!"
"I think a lot of banks are already bankrupt … but they hide their rotten assets … in categories where you don't really need to value them," Faber said. "I think the financial sectors, by-and large, has much larger problems than is perceived by the investment community and the stock market to some extent is telling you that."
Four members of the U.S.-led coalition force have been killed in insurgent attacks in Afghanistan, the force said on Friday, making June the deadliest month for foreign soldiers since the Taliban were ousted in 2001.If my history serves me, we went to war in Afghanistan directly because of the 9/11 attacks. But, then Bush forgot about Afghanistan to launch the war against Iraq, which had nothing to do with the 9/11 attacks.
The deaths took the number of foreign troops killed in Afghanistan this month to 40. More than 200 foreign troops were killed in Afghanistan last year.
Three soldiers from the U.S.-led force and an interpreter were killed in Wardak province southwest of Kabul on Thursday when their convoy was blown up by a bomb, the force said in a statement.
In another attack on Thursday, in the southwestern province of Farah, a coalition soldier was killed and seven people, including two Afghan soldiers, were wounded, the U.S. military said.
By the way, isn't it interesting how local political coverage tends to focus on real issues, whereas national political coverage tends to focus on the meaningless stuff? I wonder what Dean Broder has to say about that.All politics is local and all presidential elections are really state-by-state elections. So simple, but lost on so many of those pundits riding around on the bus with John McCain. Read More......
I think this helps explain why Barack manages to do so well in so many state and national polls despite having a national media that is in love with Teflon John.
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