Lehman Brothers is reportedly looking for a buyer. The Federal
Government will be assisting with the sale, trying to make sure the taxpayers, do not have to take the brunt of the loss, if there is any loss on the sale, according to the Washington Post.
The Federal Reserve auctioned, another twenty-five billion dollars in loans, to help the Banking system in the United States.
OPEC has announced, that it will cut the production of oil, five hundred thousand barrels per day.
Ford Motors is reportedly going to cut five hundred workers, at it's Ontario plant.
Amtrax has suspended it's service through parts of Texas, affected by Hurricane Ike.
Airlines are cancelling flights into Houston, Texas.
Apple unveils, revamped line of iPods.
A 6.9 earthquake hit northern Japan, a tsunami warning was issued. Another 6.6 earthquake hit Indonesia.
A tornado damaged homes and cars, in the upper Florida Keys.
There has been a warning, to those in the path of Hurricane Ike, that if they don't evacuate, they will face "certain death". This hurricane has a diameter of 700 miles, it has been called a "monster storm". The western edge of Galveston does not have a storm wall of
protection, which leaves it exposed, to extreme storm surges. Eighty per-cent of the inhabitants of that western area, have reportedly been evacuated.
A state of emergency, has been declared by President Bush, for Texas.
China is reportedly, building up its army at a rapid pace.
Pakistan, under a new president, is raising objections, about the
United States, trying to root out terrorists, on its borders, where Bin Laden is thought to be hiding.
Russian bomber planes, are reportedly, being deployed to Venezuela, to participate with its government, in military exercises in the Caribbean. Russia has reportedly said that the bomber planes do not carry any weapons. Let's hope not, parts of the United States military, flies around in the same area, it has been noted, no dog fights guys, please.
An American satellite discovered, that North Korea, has completed a second launching site, for deploying missiles and satellites. Also, it is reported that Kim Jung Il, is recovering from his stroke and is still in chsrge of his isolated country.
September 11, is really too depressing to speak of in any depth, without great sadness. I am hoping that all of the survivors of those, who were brutally killed or suffered and eventually died from their injuries, will take comfort and solace in the fact, that their loved ones were with them, for part of their lives, and that God's grace will always be, with all the survivors. Take care.
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