U. S. missile strikes, on Al Queda strongholes took place in Pakistan, killing at least 15 people, including 4 militants.
Americans supported Israel over the Palestinians in the war in Gaza, according to a CNN poll.
Vice-President Cheney was not too happy with President Obama's closing of Gitmo, and outlawing torture. He reportedly said that Mr. Obama should look at what they did, review it and look at the information that was derived from their tactics, and then make a decision as to what to do to change those tactics, in essence. Senator Rockafeller of the Senate Armed Services Committee, thought that, basically the Vice-President should enjoy himself whereever he is, and not worry about President Obama, as Obama has been reading the information for a long time, and his decisions are well thought out. Mr. Rockafeller said that the President is going to establish a special committee to review all of the prisoners records and the policies being employed and make recommendations based on that review.
President Obama is reportedly going to insist on new restrictions on federal aid to the banks, he also blasted those who spent over a million dollars on office renovations, at Merrill Lynch.
First Lady Michelle Obama, wants the doll makers to stop using her children for their product images.
Wal-Mart has purchased a 58% stake in the largest grocery
chain in Chili, according to reports.
Tight credit is reportedly the biggest problem for U. S. auto dealers, acccording to GM Sales Chief.
Microsoft will be cutting five thousand jobs, due to slow down in sales.
Freddie Mac seeks thirty-five million more from the Treasury, Fannie Mae to follow.
California will be sending out I.O.U.'s instead of checks to residents who have refunds coming from State tax returns. The budget shortfall is causing the state to run out of cash.
Third bank closure in U. S., this year occurred in California.
Toyota reporting that its domestic output, will fall in February and March, due to slowdown.
The British banking system almost collapsed, in October according a British Minister who spoke to the Times.
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