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.
