murphy's law7

This is a delicate time for both India and Pakistan. After the end of the horrific seige, fingers are being pointed at rogue elements of the Pakistani Intelligence arm. Some are saying that Pakistan has not done enough to control those elements, and if evidence is found that clearly shows, that this is the case and Pakistan people committed this atrocity, it will be hard to for India to maintain civil relations with Pakistan. The reason these things are being said about Pakistan, is that the sole terrorist who was captured, contrary to early reports of four being captured, was from Pakistan. He said, again reportedly, that he was trained in Pakistan, on Pakistan soil, by Pakistan terrorists. The young man also said that two of their group members, came to Pakistan, gathered information on their targets, and the group of trained terrorosts, were given Goggle maps, and told to follow the maps to find the places. The Pakistan Government is telling the Indian Government, that they will do whatever it takes to find those responsible, if indeed they came from Pakistan. The Chief of Intelligence for Pakistan, is traveling to India to assist with the investigation, as well as a team from the United States and Britain. One analyst reported that time is running out, as President-Elect Obama is going to try to keep the relationship between the two countries, on an even keel, but there is only about two months time to shore up these, tattered feelings, as India might want some sort of response to this attack, not necessarily militant, but some sort of action to inform Pakistan, that it must do more to control the terrorist within its borders, or they will be called on it.
The investigation will be on-going. There were reports that some Indian police, in the rescue effort, were killed while wearing bullet proof vests, and were ill-equipped to deal with the attack. In addition, reportedly, it took three hours for the fire truck to get to the scene of the fire at the Taj Hotel.
It is obvious, Ratan Tata, the owner of the Taj Hotel said, in an interview, that India needs a Crisis Management Team, well trained and equipped, to deal with these types of situations.

The Endeavor Space Shuttle, landed safely, today, at Edwards Air Force Base, in California, after bad weather scrapped their landing in Florida. They had spent seven days at the International Space Station, the landing was uneventful.

Chris Matthews, he of Hardball fame, on MSNBC, reportedly met with Democratic party officals, to discuss a run for the Senate, against Republican Senator, Arlen Specter, at the next
election. No one had verification, if Matthews, was indeed going to enter the race.

Union officials, accused Walmart of blantant disregard for security and safety, in the death of a thirty-four year old man, during the opening of the store, on Friday morning. The management reportedly said they had put in extra security, they are investigationg, A dozen people were run over by the
customers, rushing into the store. Other employees, who were trying to help the man, were also run over. The police reporedly said, there may be charges filed in the incident.

London luxury housing prices dropped for the eighth month in a row, October showed a price drop of 0.3%.

Japan, will hold an emergency policy meeting this week.

Reports are, that China's economy may expand by 10% in 2009.

Somali pirates to release, hi-jacked Ukranian ship in days, the AP reports.

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You may go your own way, but stop and ask for directions once in a while.

It took some three days, but the seige by terrorists in Mumbai, India has been bought under control, by the Indian Commandos. It is reported that ten terroists waged unbearable destruction and chaos, upon the city of Mumbai. The terrorists, were reportedly wearing simple tee shirts, no masks, and they carried dried fruit with them, to sustain themselves, while they terrorized the city and its people. They
were described as being under thirty years old, well trained, well financed, and emotionless. The commandos did not know the layout of the Taj Hotel, as well as the terrorists, as the hotel had multiply twists and turns, which made it very difficult. The tourists also had their room doors locked, to try to protect themselves, and while the commandos were looking for the terrorists in the hotel, they did not break down the doors. The commandos found timed explosives, in various areas of the hotel.
The remaining two terrorist were said to be holded up in the ballroom of the Taj Hotel. Hours before dusk, there was on-going gunfire, and then a loud explosion inside the hotel. This was the beginning of the end of the seige, the two terrorists were killed, and it was over. The Taj Hotel was very damaged, fires on the fourth, sixth and eighth floors were said to have severly compromised the hotel. The hotel is a landmark which will be repaired if possible, reportedly as a symbol to the terrorists. The number of injured was reduced to two-hundred and ninety-six, the number of those who were killed was reported at one-hundred and ninety-five.
A total of twenty police and soliders were killed, during the standoff. Two terrorists were said to have escaped, four were captured, and the remaining four were killed. The Pakistani Minister of Intelligence, is being sent to India, to try to assist with the investigation, and to reduce the tensions between the two countries. U. S. citizens, have been warned by the State Department, that they are still at risk in Mumbai.

The President of the United States, held a video conference with his National Security team, and Secretary Rice, to stay on top of the situation. He has also offered India, whatever it is they need, from the United States. President-Elect Obama, is being given daily intelligence briefings, as well.

The New York City police, have ramped up security on subways and trains, in the city, in view of a threat, without specifics, aimed at the transportation system of New York, during the holidays.

The Thai Prime Minister, declared a state of emergency at the Bangkok Airport, protesters continued their rallies. Thousands of travelers have been stranded, by the ongoing incident.

The Iraqi Parliament voted on, and passed the Security Agreement between the United States and the Iraqi Government, which in effect will have the U. S. troopes out of the populated areas in June, 2009, they will remain on their bases, unless authority is given, by the Iraqi Government to leave the bases, to participate in any mission. All of the troops will leave in 2012, as per the agreement, there is flexibility, it is reported, whereby one or the other countries can make the decision to alter the date of complete withdrawal of the troops.

There are huge markdowns, in high-end luxary stores in the United States, which is indicitive of the slowdown in spending by consumers.

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It is never a sign of weakness to cry, as a man or a woman.

In Mumbai, India, the standoff by terrorists is not quite over, but the Indian Commandos have most of the problem areas under control. There are thought to be at least two terrorists still holded up in one of the hotels, sparodic gunfire, is still being heard. The incident at the jewish Center, which was attacked, was very brutal. The Rabbi in charge of the center and his wife were killed. Rabbi Gabriel Holtaberg, 29, and his wife, 28, were from New York, their toddler was saved, when the nanny managed to escape the center. It was thought that some of the terrorists worked in the kitchen at the Taj hotel. The attack was being planned for six months, reportedly. The Indian Commandos were very much the reason, the terrorists were captured, or killed, but not before causing much death and destruction. There were one-hundred and sixty people reported killed thus far, and three-hundred and forty-six people reported injured. Scotland Yard is invloved in the investigation, along with British Intelligence. Some of the terrorists, reportedly had British identification. The F.B.I. is traveling to India with a team consisting of forensic experts, negotiators and interrogation experts. The Indian people were shocked, that India's security people had no idea this attack was coming.
President Bush had been working fervently, to try to push for closer relationship between the two countries, Pakistan and India, each of whom have nuclear weapons power. This attempt may be set back now, as India is pointing fingers at Pakistan, as having something to do with the attack. It is also thought, without any proof, that Al Queda may have been behind the terrorist attack. The operation was too well planned, it is thought, to have been carried out by a local group. Also rumored, that rogue elements of Pakistani Intelligence, may have been involved.

Both President Bush and President-Elect Obama are being briefed regarding the ongoing crisis. They have both condemned the attacks and the brutality.

Goldman Sachs has received approval, from New York's State
Government, to become a bank and to accept deposits.

The DOW managed to finish the week with four days of positive
movement. The S & P 500, had it's largest weekly gain since 1976.

Inflation in Europe, dropped 2.1%, the lowest in two decades.

Japan's recession deepened, as factory output slumped and consumer spending dropped.

GM and Ford stock prices, showed big gains, as their plans develop, to qualify for Government aid.

A Walmart temporary employee, was trampled and died, as the doors opened for shopping, and patrons stormed into the store on Friday. A pregnant woman had to be taken to the hospital as well. The store is located in the New York area.

A New Zealand A320 plane, being taken on a maaintainence run, crashed into the Mediterranean Sea, with seven people on board, no word of survivors.

First Lady Barbara Bush, has been moved out of intensice care, after being operated on, for a ruptured ulcer.

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Things found by accident, can turn out to be huge surprises.
Such as a ring with an engraving inside, bought at a flea market for about five dollars, researched, and found to be worth five-hundred thousand dollars plus. Once was owned by Louie XIV. You never know.

Mumbia,India, has been subject to a series of attacks, by
terrorists, thought to have come from Pakistan. Attacks took place against a restaurant, two hotels, and a train station,
also a hospital. Hostages were taken by those who may be Islamic terrorists. There are individuals still holed up in their hotel rooms, they were calling in to the TV News stations, telling what they had witnessed. The terrorists requested the passports of those they confronted, and took those with British and American passports as hostages. Some hostages were reportedly released. Eighty people were reportedly killed, and two-hundred and forty were reportedly injured. The Chief of the Anti-Terrorism Unit along with at least nine other police officers were also killed. Seven British people were injured in the attacks. The Taj Mahal and the Oberoi Hotels were targets in the ten co-ordinated attacks, throughout the area. The Indian Army came in to try to quell the violence. Nine of the terrorists were captured, two killed and three escaped. The situation is still evolving. The attacks have beeb condemned by both President Bush and President-Elect Obama.

The EU put forth a plan to support the economy with two hundred billion pounds, which some felt was not enough. A decision will be made on December 11, at another summit.

President-Elect Obama's News Conference was directed at explaining that although he has people from the Clinton administration in his cabinet, the new ideas will be coming
directly from him. He said he would be criticized if he had all new people without anyone with experience working with him to solve these economic and other problems, facing the country. He said he is determined to cut waste from the budget, such as the thriving farmers, who are receiving subsidies from the Government, even though they are not
eligible, which had just been reported that morning.

GDP growth in the United States fell by .5% in the third quarter.

U. S. mortgage loan interest rates, fell below six percent, on Tuesday.

Germany is reportedly in the worst recession in twelve years.

General Motors mulling whether to sell two of its models.

Former First Lady Barbara Bush hospitalized with stomach pains on Tuesday,was to be released on Wednesdqy, will now remain in the hospital until next week.

Secretary of Defense, Robert Gates has decided, to remain in his position, for at least another year.

The bailout has been redirected at consumers, by Secretary Paulson, to try to make student loans,car loans and credit more available.

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Enjoy your Thanksgiving if you celebrate. Eat, drink and be merry, because we need pacification, especially now. )

Information reportedly coming from the Obama camp, is that the selection and acceptance by Senator Hillary Clinton, to be U. S. Secretary of State, is on track. The announcement is set, say some, to be made after Thanksgiving. They also say, that all the flurry of news about the push and pull, that she would be offered, she wouldn't, Mr. Clinton was not cooperating, Mrs Clinton wasn't sure, was all fictitious in effect, and that things have been going as they should. So look for the announcement, sometime after the holiday. Okay.

Other Obama possible choices, Tom Daschle, for Health and Human Services Secretary, and an additional title of Health Czar, if a few things can be cleared up, and Governor Janet Napolitiano, of Arizona, for Homeland Security Chief.

Speaker of the House Pelosi, firmly rejects bankruptcy, as solution for the Big Three Automobile problem. Congress is said to awaiting some sort of plan, for profitability and better car production, from the Big Three auto companies, before giving them the money they need to stay solvent.
I'd say we are trying to play for time until, the 20th of jabuary, although President Bush reportedly has said he would consider a compromise plan put forth by the Congress. As long as it does not interfere with his planned trip back to Texas. ) My bad.

J. P. Morgan is reportedly cutting 10%, of its work force.

Citibank's stock, has fallen under four dollars, even though a Saudi Prince upped his investment level in the company. The company is adament that Smith Barney, will not be spun off from the company. The company is reportedly looking to merge, of seeking a buyer for the company.

Toyota's sales have slumped, and the company is supposed to cut three thousand jobs, in the near future.

Nationwide's CEO to receive $24 million, in a customer based
$2.5 billion dollar takeover.

ECB is possibly going to cut interest rates in December, as the Euro-region economy, continues its downturn.

U.S. Attorney General Mukasey, released from hospital, after collapsing, during a speech.

Gap soars, after company reaffirms full year's forecast, analysts upgrade stock.

Stock tumbled at Yahoo, CEO resigned, but Microsoft reportedly, says talks are "done", regarding interest in a Yahoo deal.

Walmart unexpectedly, replaced Lee Scott with Mike Duke as Chief Executive.

Agreement made in Iraq that U. S. Troops will stop patrolling
the populated areas in Iraq, and that all the U. S. troops will leave the country in 2011. The agreement has to be ratified by the Parliment. It was reported that President Bush did not want to leave any decisions for President-Elect Obama, so he agreed to things not quite acceptable to him, just to finalize the deal. Really!

The Saudi's are set, to join NATO in countering the Somalian piracy, along the African coastal waters, as the pirates bolster their defenses.

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Advice is free, reasoned action is essential.

Grandma, Grandma, lend me your old rocking chair,

So I can sit, ease my mind, and just rock away.

Don't feel much like walking, running or such,

Just want to rock, rock my cares away.

So Grandma, please, take a short break,

Give me time, to sit where you have sat,

I for one, feel like rocking my blues away.

Don't need forever, a little deliberate time will do,

Because for now, I really need to rock,

My various, somewhat meaningful cares away.
11.20.08
hlm

The DOW has fallen another 427 points, taking it below 8,000,
the lowest since March 2003. The S & P is at a very low point at well. With the news coming out of Washington, no positive bailout vote for the auto companies, possibly this week, from Congress, foreclosures not being addressed, in a seemingly, serious way, consumers pulling in their horns, and not spending enough to boost the economy, and jobs being cut in every corner, with no positve view in sight.
All this does not make for the DOW to be on the upswing, all be it, the buying opportunities are huge. With the DOW breaking through 8,000, on thebdownside, it is a bit scary for the financial markets.
If Congress, as it appears they may, allows the Automobile Industry, to lose one of the big three, to bankruptcy, this monkey wrench, may ultimately bring things to a screeching halt, and all bets may be off, as to how far the DOW falls.
This Friday may bring things to a head, or start the beginning of the end, there is a thought process, by some in Congress, that the auto companies should go into bankruptcy, reorganize,
and come back strong with new policies, new ideas, new cars, and a restructuring. My question, who would buy a car from a
company that is in bankruptcy? If the companies are going to file Chapter 11 bankruptcy, it will be a destruction in confidence, and no one will turn to these companies for an automobile, warranties would be out the window, where would the responsiblilty be, if the new car was a lemon? Forget it, not to mention the millions of jobs, that would be lost, all around the country. Bad news, and the fact that there will probably be a negative vote, in Congress. to provide a bailout loan is baffaling.

More interesting dangerous news, the pirates are having a ball, hi-jacking cargo ships and tankers, off the coast of Africa. This year alone, there have been 95 attacks, double the amount in 2007, by pirates, there are not enough warships, patrolling the area, to control the attacks. There are hundreds of miles of water to patrol, with twelve warships trying to control the area. The pirates are not interested in harming the crews, twenty ships have been held, with three hundred crew members on board, they are holding the ships for ransom. There has been twenty million dollars, in ransom paid to rescue these ships and crew members. The shipping owners, are considering avoiding the coast of Africa altogether, and going all the way around South Africa, which would add many miles and wuld reportedly cost an additional thirty thousand dollars per extra day. This will ultimately bring a rise, in the cost of oil, to Europe and the United States.

Lastly, there were remarks made by former Secretary of State Lawrence Egleberger, forgive me if I misspelled his name, but no matter, he was answering a question, regarding the selection of Senator Hillary Clinton as the new Secretary of State by the Obama camp. Mr Egleberger, said "that since the President-Elect did not know a foreign affairs policy, from a hole in the wall", then it would be good to have Mrs. Clinton,
as his Secretary of State. Well Mr. Egelberger, with all due respect, let's see now, number one, when the war began, and Obama was not in the U. S. Senate, he made it known that the Iraq war, before it started, would be a bad idea, right!. When Mr. Obama said during the debates, that if he had actionable intellegence, and Osama Bin Laden was somewhere on the Pakistan, Afghanistan border, he would take him out in essence, if Pakistan would not do it. Everyone, including Senator Clinton, jumped all over him for being naive, and not knowing what he was doing. A month or so later, the Bush administration, with a drone, bombed the same border, and killed a couple of terrorists, right! Then, when the Afghanistan war was starting to fail, Senator John McCain said we would be able to "muddle through", or words to that effect, Obama said we needed more troops, lets get out of Iraq, and send troops where they were needed, at least two bridgades should be sent. A month or so later the Generals in charge, said they needed more troops in Afghanistan, John McCain jumped on board and said we should send three brigades to the area, right!. It seems as though the one, Secretary Egleberger, who has been leading the military and foreign
strategy has been Obama. Oh yes, he also said he would talk to Iran, he was chastized for that remark, next thing we know, the current administration was sending an envoy, to Iran, not to talk, but to listen, strange, but more than they had been doing for six years, right!. Now it would appear, that there has not been a Republican in the last 50 years, who has garnered such attention and goodwill as Obama. Now the newness will surely wear off, but could it be, that you and your ilk, are just a bit jealous of the man, who can draw two hundred thousand people, in a foreign country, and be in awe of it himself, and that this is more than you can take? Thou doth protest too much sir, and you should just shut up, and go jogging or something, you need something to do, with your fat self. You are not the smartest banana in the bunch, otherwise you would have stopped your party and it's leaders from destroying the country for the last eight years, and leaving this freaking mess for Obama to try to clean up. Right, right!

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Remember the words "thank you" every now and then.

Today was the day that the Democrats met, to decide whether to take away the Chairmanship of the Homeland Security Committee,
held by Senator Joseph Lieberman. After the meeting today, Senator Harry Reid explained what had happened. They had voted, by secret ballot, to allow Senator Lieberman to keep the Chairmanship, as well as be on one other committee, he had to relinquish his seat an Envoirmental & Security Committee. Mr. Lieberman had no problem doing that. he was repentent to a degree, say there were some things he wished he had not said. Sure, anyone would apologize at this point, when you might be kicked to the curb, for absurdity. During his support, for Senator McCain, he called Senator everything from socialist to communist and some things in between. President-Elect Obama had said to Senator Reid that he wanted Senator Lieberman to continue to causus with the Democrats, especially with things in the shape that they are, he needs every vote that he can get, to push his programs through the senate. Taking the high road serves Obama well, smart play.

Speculation continues, regarding Senator Clinton as Secretary of State. Her husband, former President, Bill Clinton is supposedly being vetted. There is word that the Senaten will not have a problem confirming Senator Clinton, there is a lot of respect for her work ethic.

Japan is technically in a recession at this time, first time since 2001.

Citigroup will cut fifty-two thousand jobs, in addition to the twenty-three thousand, jobs already slated to be cut.

An emerging market expert, reported on BBC news, that he felt that the recession, would not be long. No reason why.

CEO Nardelli, of Chrysler, stated that if one of the auto companies, GM, Ford or Chrysler, goes under, they all would go under. The auto company executives testified on Capitol Hill today, explaining why they needed twenty-five billion dollars more, than they had already been allocated. The members in Congress, were divided over whether to provide the money, Democrats were slightly more willing than the Republicans. It's reported that GM, may fail before years end, for lack of operating cash.

Greg Craig has been chosen as White House Counsel , for the Obama administration, Eric Holder, former Deputy Attorney General under Janet Reno, was offered the position of Attorney General of the United States, and accepted, making him the first African-American Attorney General in history, if he is confirmed.

Senator Ted Stevens, of Alaska, has lost his bid to Democratic Mark Begich, the election has not been certified as yet, but the winner was declared. The Republicans are breathing a sigh of relief, as they had drawn up a resolution, to expel Senator Stevens from the Senate, because of his felony conviction, if he won. They tabled it, until Thursday of this week, awaiting the outcome of the election. Today was Senator Steven's birthday.

President-Elect Obama is said to be considering two new cabinet positions, Car Czar, to oversee the restructuring of the Automobile Industry, and Chief Technology Officer, to bring the Government into the twenty-first century, and the internet era.

A blind woman (true story) was sent a letter, telling her that her water would be shut off, unless she paid a one-cent overdue bill, and a lien would be put on her home.

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Go forward, but do remember the past, but only for the help, that experience provides you.

It was reported in so many other words, that the person that the G-20 leaders at the Economic Summit on Saturday in Washington, D. C., wanted to meet was not in attendance. Who might that be, you ask, how about the President-Elect Barack Obama. mr. Obama sent former Secretary of State madeline Albright and former Republican Representative, Jim Lynch, who had endorsed Obama early on. The summit ended with a call for another meeting in April 2009. The leaders agreed to stronger regulations, more visability, more free trade, and more stimulus, to aggressively attack the global market turndown.

The IMF is increasing its war chest, to tackle the global economic crisis.

There will be a debate regarding the bailout needed by the Automobile Industry, when the Congress returns to work, this week. A decision has to be made, whether there will be a loan extended to the big three to keep them afloat or will they have to file bankruptcy papers, effecting millions of employees.

It would appear that President-Elect Obama, has read Doris Kearns Goodwin's book about President Abraham Loincoln's grand idea, to bring those who were running against him for President, and other people who had opposed his ideas, into his Presidential cabinet,and let them assist him in running the country. This truned out to be a fantastic idea, get the best to help with the problems facing your administration. Yesterday President-Elect Obama, met with Senator Hillary Clinton in Chicago. The word is being spreade around, that he would like her to be the Secretary of State, we will have to waith for an annoucement, to confirm. Obama is also scheduled to meet with Senator John McCain and Senator Lynsey Graham, next week in Chicago, as well. Very smart strategy, we would think. Also a sign of confidence on President-Elect Obama's part.

The G-20 will be meeting in Washngton, D. C. , to try to find sme solutions to the global economic crisis. Prime Minister Brown of England and President Bush will be the main leaders, hoping to find some sound answers as we go forward.

Citgroup will begin today, cutting some ten thousand jobs worlwide. Sunmicrosystems, has announced plans to cut seven thousand jobs.

Ann Dunwoody, has been promoted to four star General, becoming the first female four star General.

AIG is reporting aloss of twenty-four billion dollars, Freddie Mac is reporting a loss of twenty-three billion dollars and Fannie mae reports a loss of twenty-nine billion dollars.

Retail sales, for the month of October in the U. S., were down 2.8%. The consumer is continuing to pull back on their purchasing.

Unemployment in the U. S., is the highest in the country since September 11th.

There is a report that thirty countries will see their economies shrink in the future.

There is a raging wildfire in California, which has forced the evacuation of two thousand people, and has caused twenty thousand homes to be without power.

Correction: The name of the Governor of Texas is Rick Perry not Rick Davis as reported here yesterday.

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It's going to be okay, but you might want to close your ears. When a tree falls, there is some noise, when it is falling slowly, the anticipation of noise could be worse than the final crash. The U. S. DOW moved soundly down yesterday, falling 411 points at the close of the session. Overseas markets follwed suit, with the Nikki and Hong Kong markets, worried about the global markets, getting worse and taking longer to turn around. The worries were not without cause, as Treasury Secretary Paulson, nervously drinking water continuously during his speech, explained to the audience, that things had gotten much worse in the economy, and the credit markets, and that the original plan, of buying up bad mortgages, was not going to work and they had to start over with a new plan. From what he reported, the Government is now going to purchase a stake in the banks and financial companies, with hopes of stimulating lending. The two-hundred and fifty billion dollar amount alloted to Paulson from the seven-hundred billion dollar package, is evidently not doing what they thought it would. This caused a lack of confidence in the public at large, as to whether anybody knows what the heck to do with this monster of a problem. Let's all hope that somebody gets a grip, before we cascade completely downhill.
Just saw this, the U. S. atock market has reportedly lost
over a trillion dollars in the past three days.

J. P. Morgan and Citi-Bank are starting to modify those loans in their portfolio's, that are headed for foreclosure, reducing interest rates and payments to try to keep some people, in their homes.

Fannie Mae and Freddie Mac are also modifying a large portion
of their FHA mortgages, to stay the foreclosures on the properties.

The Automobile Industry, in the U. S. is hearing some sounds of possible relief from Congress, as word is, that Representative Barney Frank, is set to write up a bill, by Tuesday of next week, allowing the industry to receive the twenty-five billion that it says it needs to survive. Secretary Paulson had said that the money should not come from the initial bailout funds, as the industry was not covered in the package. The industry gave notice that it had about one-hundred days before possibility of filing bankruptcy papers, as they have minimal daily operating capital. President-Elect Obama, reportedly, would like to appoint a Car Czar, to oversee the industry, at some time in the future.

Now here's a sad statement, American Express is reporting that they may need a cash infusion from the Government. May the rest of us please, put in our bid, for a little of the passing out of available funds. Jimmynies.

Governor Sarah Palin is in a "Girl Gone Wild" stage, having interviews with no less than Larry King, Matt Lauer, Wolf Blitzer, and Greta Van Sustern. She is into overdrive, explaining why she does not feel that she was the reason her ticket lost, and declaring her intent to help the Obama administration to go forward, while still saying, that if people want her to talk about the Bill Ayers situation, she certainly is willing. She would like to be a person who provides strategy for the energy policies in the future, for the Obama administration, as she has expertise in the Alaskan oil industry particulars. Sarah, don't call them, they will call you, if they need you, I'm sure. Can anybody spell overexposure. Please send her a text message. She is scheduled to give another press conference today, and a speech later, then it's on to the Republican Governor's Conference in Florida, where they will welcome her with open arms, not.

News bulletin: Governor Palin spoke, opening the session with the Governor Davis of Texas, at the Republican Conference in Flordia. Then she opened up the session for questions, she answered about three questions, and Governor Davis abruptly shut down the press session.

Two of the Governors speaking to the cameras in Flordia at their Conference, made these assessments, Governor Sanford, of South Carolina, stated that debt in the U. S., grew at a rate of three times GDP, and it is going to be brutal, unraveling this situation, in essence, Governor Tim Pawlenty, of Minnesota, said the Republican party, will need more than a comb-over, to right itself.

Time magazine's new issue, has a cover picture, depicting President-Elect Barack Obama, in the back seat of a convertible, as Franklin D. Roosevelt was pictured, in the past, with the same type of hat on, with the caption "The New, New Deal". Quite smart looking. May your skills be many, sir. we've got a rocky road ahead.

There was a fake N. Y. Times newspaper, issued by a group today, with the headline, "The Iraq War is Over", "Bush is Indicted for War Crimes", and other things, that the group would like to see happen in the future, the date of the paper was July 4, 2009.

Germany is reportedly in a technical recession.

Three Senate races have yet to be determined, in Minnesota, Republican Norm Coleman leads Democrat Al Franken, by 206 votes, A hand recount is scheduled. In Georgia Republican Saxby Chambliss, and Democrat Mark Bedich, will have a run-off election in December, and In Alaska, Republican Ted Stevens, of late, convicted felon, is behind by 800 votes, as they count the final votes. If Stevens wins the election, his collegues are set, it is reported to expel him from the Senate, setting the stage for a special election which could include, guess who, Governor Sarah Palin, who will "plow right through that door". John McCain, you unleashed a woman with an agenda on the country.

There is a "Save Lieberman" commmittee, headed by Senator Chris Dodd, along with several other Senators, fighting to allow Lieberman to keep his chairmanship. Senator Lieberman is trying to hold on to his Chairmanship of the Home Land Security committee, after helping John McCain, run against the Democrat candidate during the election.

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Stand tall, even when you feel very short, in mental stature.

All's well that ends well. I guess. During the General Election, Democratic Senator, Joseph Lieberman of Connecticut, choose to support his good buddy, Republican John McCain, for President. Great, your choice, Mr. Lieberman. Lobbing names like socialist and other choice titles, like communist and terrorist, by association, at Senator Obama during the race.
Nice words for a supposed Democratic leaning Senator. Now all of that would have been a very good tactic, if, if, Senator McCain had been elected, but hold on, the President-elect, is now Barack Obama. Now what? With hat in hand, so to speak, Senator Lieberman, strolls on back to Washington, D. C., for a meeting with the leader of the Senate, Harry Ried, who wants Joe Lieberman, to take a hike. Hit the road Jack! Reportedly, Senator Reid told Mr. Lieberman, that he could still caucus with the Democrats, if he choose to, but they were going to strip him of his Chairmanship of the Home Land Security Committee. No joke. So Senator Lieberman reportedly said, not acceptable. There will be a meeting of the Democratic caucus, with a secret ballot vote, to determine if Mr. Lieberman will continue as Chairman. There are a lot of Senators, like Chris Dodd, and others who want him to continue in his position, President-elect Obama even offered an olive branch, suggesting to Senator Reid, that Lieberman be allowed to continue. The Republicans are looking to pull him over to their side, leaving the Dems with one less vote, if Mr. Lieberman, moves to the other side. Connecticut voters will have an interesting scenario on their hands, come next election. Stay tuned.

President-elect Obama met with President Bush at the White House, on Monday, along with First Lady, Laura Bush, and Mrs, Obama. It was reported that the meeting was productive and friendly. President-elect Obama supposedly related to the President, that he would like help for the Automobile Industry, and a 2nd stimulus package, and help for the people being hit with foreclosures, prior to his inaugration, on January 20th.

It has been reported that the G-20 during their meeting, stated that they were going to urgently boost global growth,
with a coordinated program of rate cuts and increased spending.

DHL, the massive shipping company, announced it is cutting 9,500 jobs overall. The state of Ohio will be hit hard. Ohio Governor Strickland, is prosposing a program to use the vacanted plants to initiate new jobs in the state.

Circuit City has filed for bankrupcty protection.

Starbucks has suffered a loss of 97% in revenue, aS people cut back on pricey coffee treats.

Kim Jung Il, leader of North Korea, reportedly had a second stroke last month. He suffered damage to his left hand and foot, and his speech from the stroke, it has been said, no one from North Korea will verify that Kim had a second stroke.

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Stop and appreciate the smallest miracles.

President-elect Obama, held his first press conference, on Friday afternoon. He urged the U. S. Congress to pass part of the newest stimulus package, as soon as possible, and stated that if they did not pass it, prior to his taking office, it will be the first thing he gets done, after he is sworn into office. The puppy for his two girls, was a very important
problem, which had to be worked out, as one of his girls was allergic, and the puppy would have to be hypo-allergenic. Very serious take on the problem by the President-elect.

Jobs data signal, that President-elect Obama will inherit the worse U. S. recession, since the Reagan era.

It has been reported, that it will take Mr.Obama, at least 18 months to turn the U. S. economy around. That would be amazing, if he could accomplish such a feat. Seems to be much deeper than that at the moment. One can hope.

Asia stocks rise on rate cuts, Obama victory.

Buffett's Berkshire Hathaway net, falls 77%, fourth straight loss.

U. S. World and News Report, will be shifting its content, to the internet.

Cisco forecasts first revenue decline, in five years. Second quarter, 2009, revenue will fall between five and ten percent, according to Cisco officials.

Reportedly, Russia, India, China and Brazil, may co-ordinate a crisis response.

Reports indicate, that the European Central Bank, may have to cut deposit rates, even further.

The G-20 is promoting a co-ordinated fiscal stimulus, to combat the global slowdown.

Two more U. S. banks have failed, bringing the total failures to 18, since January, 2008.

In the U. S., for the month of October, there were 240 thousand jobs lost. The unemployment rate jumped to 6.5%.

Chinese growth, reportedly, may be the slowest in two decades.

Hurricane Paloma slammed into Cuba, as a category 3 storm, with wind and rain.

O.J. Simpson reportedly, lost his appeal for a new trial, and will be sentenced, for the crime of kidnapping and robbery.
He could receive life in prison, many doubt that he will receive life.

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Never, ever doubt yourself, before you try, and even if you fail the first time, read up on one of our greatest Presidents, Abraham Lincoln. He failed himself to success, many times.

General Motors officials have ststed that the next 100 days, are going to be very crucial, to General Motors, and the entire automobile industry. The officials of General Motors, Ford and Chyrsler, are reportedly meeting with Speaker of the House, Nancy Pelosi, regarding another twenty-five billion dollars, to assist in helping the automobile industry, on top of the first twenty-five billion dollar amount, allocated by Congress to the industry.

September sales in the U. S. were reportedly very dismal. Department store sales were down by double digits. Only Wal-Mart reported an increase in sales.

Toyota announced, that it was slashing its profit projection in half, as a result, the stock dropped 10%. This would represent Toyota's biggest profit drop in 18 years.

It has been reported, that the first thing that President-elect Obama might do, would be to put forth the S-chip health care program for children, promoted by Senator Ted kennedy, and vetoed by President Bush.

Report put forth that Robert Rubin, Treasury Secretary under former President Clinton, will not seek a position in an Obama administration.

Caroline Kennedy is rumored, to possibly be offered the position, of Ambassador to the United Nations.

The stories are coming out about Governor Sarah Palin, one of which is that they spent more than the initial one-hundred and fifty thousand dollars on her wardrobe. Her husband and children were also included, to the tune of tens of thousands of dollars more. A staff member reportedly said that the "Wisilla hillbilles", were looting Neiman Marcus from coast to coast. Anothe tidbit reported, was that Governor Palin did not know that Africa is a Continent. The story is in the newest issue of Newsweek.

Representative Rahm Emanuel, has reportedly accepted the position of Chief of Staff for the Obama administration.
As an aside, Mr. Emanuel's two brothers are very interesting, one is an oncologist, the other was the inspiration for the
character R. E. Gold, on the hit show, Entourage. Mr. Emauel himself, used to be a ballet dancer.

Many companies in U. S., reporting job cuts today. The anticipation is that the unemployment number, will rise at the next report.

The President-elect received his first, CIA briefing today. The Obama family will meet with President Bush, at the White House, on the 10th of November.

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Never dwell on the past so much, that you lose sight of the future.

An overwhelming approval for the 44th President-Elect, Barack Obama. With 349 electoral votes, the new President will take a mandate into the oval office. it is interestimg to note, that
with the ongoing wars in effect, the Taliban has raised the issue of talking with the new President, which is a positive
change of events. We do wish our new President and his family, the best, and that his way will be lit by the lights of wisdom, patience, strength and courage, the hard task of governing is before him. He will have to begin his transition
as soon as possible. His Chief of Staff is reportedly going to be announced on Thursday, with a press conference to follow.
It is a great day in America. The change in red and blue state
line-up has been altered. Virginia had not voted for a democrat in some thirty years, other states such as Indiania
turned purple, this was a monumental election.

The race for Senator from Minnesota, between Norm Coleman and Al Franken, will be decided by a recount.

Dell has put in place, a hiring freeze, and the company will enter into a restructuring phase, to try to put the company back on solid footing.

This holiday season, luxury retailers, will reportedly, be hit with the grimmest of shopping for goods by the public, in the United States, due to the economic slow down.

New York City will be eliminating 3,000 jobs, due to a ballooning deficit.

U. S. Troops in Baghdad stopped their patrols, in order to watch "History in the Making".

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When all seems lost, try to find your lighthouse, to take you safely ashore.

In anticipation of a new President, the DOW is having an up day. At one point on this election day in the United States, the stock market was up 300 points. It is 3:00 p.m. EST, and the DOW is up 177 points. The new President should have a much more positive approval rating, than the current President, be it Senator Barack Obama or Senator John McCain.

Tonight, if there is a call, to announce who the next president will be, either McCain or Obama, will be celebrating his win. Obama will be at Grant Park in Chicago, expectations are that it is possible that one million people will be there. Mr. McCain will be celebrating in Arizona at a hall, should he win. Whoever does not win, will have a thank you party and a concession to the winner.

On Sunday evening, of this week, Senator Obama's grandmother passed away, after battling cancer. He had gone to Hawaii, a short while ago to see his grandmother, one last time as she was gravely ill. She told him to "go and do what you have to do". And so he has, he spoke about his grandmother at one of his rallies, saying that she was not well know, or famous, but she was an ordinary hero, as many in his audience were, someone who had worked hard and did the right thing. He was not ashamed to cry as he spoke.

This election day in the United States, there have been people, standing in line, for five and six hours, in order to cast their vote. This is a historical election, people are excited to vote to change the country for the better. There have been thousands of
new people registered to vote. Those who follow trends in elections, have looked at what is going on this time, and there are those who are seeing a realignment in the states, whether, it is a one time change, or a lasting event, we will have to wait to see. But the typical red states are turning towards blue. This has been the call by Senator Obama, since he spoke at the Democratic convention, when Senator John Kerry was running for president. When Obama said during his speech, that there were no red states, and no blue states, there was only the United States of America. This election will be history making whoever wins, because there will be the first African-American male, elected President or the first female elected as Vice-President of the United States. Everyone in the U.S., should go out and vote, so that they will be able to say in the future, that they were a part of history.

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We must try to be accountable, to ourselves.