Greek man's pot luck runs out
Welcome to ...
Windmills Tilted, Scared Cows Butchered, Lies Skewered on the Lance of Reality ... or something to that effect.
Saturday, September 19, 2009
Greek man's pot luck runs out
Greek man's pot luck runs out
Fed Considers Bank Pay Limits
The Federal Reserve and the Treasury are preparing broad new rules that would force banks to rein in practices that made multimillionaires out of many financial executives during the housing bubble, officials said.
Expectant Fathers, Firefighters, Police Officers, Those With Toenail Fungus Denied Insurance
Obama to host meeting with Netanyahu and Abbas in New York on UN sidelines
Criminally Insane Killer on the Loose
Criminally Insane Killer on the Loose following field trip to state fair in Washington State.
Penmanship going the way of the Dodo
Cursive may be on its last loop
Schools are phasing out penmanship in favor of computer-based writing skills.
Crossovers becoming the new family car
Crossovers becoming the new family car
The auto industry is rolling out more downsized SUVs for cost-conscious drivers.
Fruity Tomatoes
Why is it considered a fruit?
Signs you're in a toxic friendship
Signs you're in a toxic friendship
8 more red flags
'How we paid off $106,000 in debt'
'How we paid off $106,000 in debt'
The Hildebrandts paid off a whopping amount of credit card and personal debt in just a few years.
In Health News
Genetic seamstress uses molecular fingers to tweak DNA
Zinc "fingers" that use viral enzymes insert or delete genes could lead to safer and more accurate gene therapies
Maybe it was the wind
Wind, not water, may explain Red Planet's hue
Better World
Better world: Be nice to people
Becoming more compassionate can improve your health, and altruism is infectiousWhy are we the naked ape?
But we must keep trying to find out, says Elaine Morgan.
Why are we the naked ape?
Irving Kristol, godfather of the wing-nuts is dead
Irving Kristol, the writer, editor and publisher known as the godfather of the wing-nuts whose radicalism perverted itself into a historic rejection of all things American has died.
Denver Man Admits Possible Al Qaeda Link, Officials Say
The Denver shuttle bus driver at the center of a federal terrorism investigation has begun to cooperate with the authorities, admitting that he had perhaps unwittingly crossed paths in Pakistan with extremists allied with Al Qaeda , according to government officials briefed on the case.
FCC to Propose 'Net Neutrality' Rules on Monday
Chairman Julius Genachowski’s [pictured] speech on Monday will strive to “codify into new regulations the principle of nondiscrimination," according to a source speaking to The New York Times.
The issue is a hot one with the online adult industry, because most content is driven by video-on-demand.
Proponents of net neutrality say ISPs should be barred from blocking or slowing traffic based on content.
But the ISPs argue the increasing volume of bandwidth-heavy Internet applications require active management of their networks that drive up costs. They also claim that net neutrality could stifle innovation.
Genachowski is expected to announce plans for the agency to open a formal rule-making process on the issue at its October meeting. The rules would have to be approved by a majority of the FCC's five-person board.
Genachowski’s speech on Monday will be delivered at the Brookings Institute.
Looking for answers
Amnesia patient still looking for answers
Weeks after making headlines as Seattle's "mystery man," Edward Lighthart faces a new dilemma.
Pre-Existing Condition Craziness Highlights the Need for Health Insurance Reform
Hell remains frozen!
Bill O'Reilly Supports a "Public Option?"
Bill O'Reilly, on his Wednesday show, seemingly endorsed the public option for health care reform.
It is, of course, possible he was endorsing the public co-ops proposed in Sen. Max Baucus' bill, but it sure sounds like it's the public option.
Faux News Caught Lying
The ad falsely claimed that other major media outlets did not cover the 9/12 "tea party" in Washington, D.C. last Saturday.
Iran reformist attacked
Home Value
Top cities for rising home values
These real estate markets will likely be the first to show signs of recovery.
We're upping the 'cute' factor
Puppy tries to roll over
This playful bulldog pup is still figuring out how to stay up on all four paws.
He doesn't pay ...
An executive who can't pay his loans
Jim Press once ran Chrysler, but now he's surrounded by unpaid bills.
President Obama's Weekly Address
Remarks of President Barack Obama
Weekly Address
The White House
September 19, 2009
Leaders of the world’s largest economies will gather next week in Pittsburgh for the second time this year. The first meeting of the G-20 nations in April came at the height of the global financial crisis – a crisis that required unprecedented international cooperation to jumpstart the world’s economies and help break the downward spiral that enveloped all our nations.
At next week’s summit, we’ll have, in effect, a five-month checkup to review the steps each nation has taken – separately and together – to break the back of this economic crisis. And the good news is that we’ve made real progress since last time we met – here at home and around the world.
In February, we enacted a Recovery Act, providing relief to Americans who need it, preventing layoffs, and putting Americans back to work. We’ve worked to unlock frozen credit markets, spurring lending to Americans looking to buy homes or cars, take out student loans, or finance small businesses. And we’ve challenged other nations to join us not only to spur global demand, but to address the underlying problems that caused such a deep global recession in the first place.
Because of the steps taken by our nation and all nations, we can now say that we have stopped our economic freefall. But we also know that stopping the bleeding isn’t nearly enough. Our work is far from over. We know we still have a lot to do here at home to build an economy that is producing good jobs for all those who are looking for work today. And we know we still have a lot to do, in conjunction with nations around the world, to strengthen the rules governing financial markets and ensure that we never again find ourselves in the precarious situation we found ourselves in just one year ago.
As I told leaders of our financial community in New York City earlier this week, a return to normalcy can’t breed complacency. To protect our economy and people from another market meltdown, our government needs to fundamentally reform the rules governing financial firms and markets to meet the challenges of the 21st century. We cannot allow the thirst for reckless schemes that produce quick profits and fat executive bonuses to override the security of our entire financial system and leave taxpayers on the hook for cleaning up the mess. And as the world’s largest economy, we must lead, not just by word, but by example, understanding that in the 21st century, financial crises know no borders. All of us need to act more responsibly on behalf of a better economic future.
That is why, at next week’s G20 summit, we’ll discuss some of the steps that are required to safeguard our global financial system and close gaps in regulation around the world – gaps that permitted the kinds of reckless risk-taking and irresponsibility that led to the crisis. And that’s why I’ve called on Congress to put in place a series of tough, common-sense rules of the road that will protect consumers from abuse, let markets function fairly and freely, and help prevent a crisis like this from ever happening again.
Central to these reforms is a new Consumer Financial Protection Agency. Part of what led to this crisis were not just decisions made on Wall Street, but also unsustainable mortgage loans made across the country. While many folks took on more than they knew they could afford, too often folks signed contracts they didn’t fully understand offered by lenders who didn’t always tell the truth. That’s why we need clear rules, clearly enforced. And that’s what this agency will do.
Consumers shouldn’t have to worry about loan contracts written to confuse, hidden fees attached to their mortgages, and financial penalties – whether through a credit card or debit card – that appear without a clear warning on their statements. And responsible lenders, including community banks, trying to do the right thing shouldn’t have to worry about ruinous competition from unregulated and unscrupulous competitors.
Not surprisingly, lobbyists for big Wall Street banks are hard at work trying to stop reforms that would hold them accountable and they want to keep things just the way they are. But we cannot let politics as usual triumph so business as usual can reign. We cannot let the narrow interests of a few come before the interests of all of us. We cannot forget how close we came to the brink, and perpetuate the broken system and breakdown of responsibility that made it possible.
In the weeks and months ahead, we have an opportunity to build on the work we’ve already done. An opportunity to rebuild our global economy stronger that before. An opportunity not only to protect the American people and America’s economy, but to promote sustained and balanced growth and prosperity for our nation and all nations. And that’s an opportunity I am determined to seize.
So, thanks for listening and thanks for watching, and to our Jewish friends, who are celebrating Rosh Hashanah, have a happy and healthy New Year. Shanah Tovah.
Unusual Holidays and Celebrations
Big Whopper Liar Day,
and
International Eat An Apple Day
as well as
Talk Like A Pirate Day
According to the official Talk Like a Pirate Day was a goofy idea until Dave Barry mentioned it in his nationally syndicated newspaper column.
Now it's an international event. Arrr!
Oh, and for our Jewish readers today is Rosh Hashanah.
Daily Almanac
There are 103 days left in the year.
Today in History, September 19.