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Posts archive for: April, 2009
  • Chrysler & Fiat Agree, Bankruptcy Still toTake Place!

    Chrysler, one of the three major automobile companies in the United States, will undergo bankruptcy proceedings, while yet agreeing to a partnership with Fiat. The Federal Government will extend another eight billion dollars to the company, as the UAW agrees to major concessions along with other stakeholders. The government will receive an equity stake in the company, with future payment back to taxpayers, according to the agreement. The only holdouts were a group of hedge fund managers who wanted more than the company could afford to pay out. The President was not pleased with the hedge fund managers and said so at the announcement made today. Canada will also assist with the restructuring, to help the company stablize its operations and future viability. The company will idle its manufacturing as of next Monday, and the CEO says he will leave the company, once it emerges from bankruptcy.

    The World Health Organization raised the pandemic alert level to a 5 on a scale of 1 to 6, for the swine flu. The level is said to mean that a pandemic is imminent. There have been 91 confirmed cases of the illness in the United States. One confirmed death of a Mexican infant, brought to the U. S. for treatment, has occured. Fort Worth Texas school system shut down all classes from kindergarten to twelveth grade until May 9. Eighty thousand children are affected. California has declared a health state of emergency. Those most affected in the U. S. are reportedly teenagers, in Mexico those in their 20's, 30's and 40's are more prone to fall ill. President Obama has requested 1.5 billion dollars from Congress to fight the swine flu health problem.

    Schools in 16 states are reportedly going to be closed due to the outbreak of the swine flu.

    Egypt is reportedly considering a pig cull to combat the spread of the swine flu.

    Cuba has suspended flights to and from Mexico, as a precaution against the swine flu.

    The Federal Reserve reports, after it's two day meeting, that there are signs that the economic recession in the United States, is easing.

    There is a report that 60% of Americans live in areas where the air quality is at a harmful level.

    Two car bombs killed 48 people and wounded 6 in Baghdad.

    Austrialia is reportedly sending 450 soldiers to Afghanistan.

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  • Specter Returns to the Democrats!

    After twenty-nine years of serving as a Republican Senator from Pennsylvania, Arlen Specter shocked the political world today, by announcing that the Republican party was not where he felt he was comfortable. The Senator was a Democrat many years ago, until he ran for District Attorney in Pennsylvania and switched to Republican. Today, he in essence said he had decided to register as a Democrat in May of this year, and run as a Democrat in the upcoming election. The word was that he found himself behind in the polls against Representative Pat Toomey, who Specter narrowly beat in the last election. This should very well guarantee, barring any strange turn of events, a victory for Senator Specter in Pennsylvania. With Al Franken winning the Minnesota election, this would give the Democrats 60 votes in the Senate. Senator Specter did say, that his joining the Democrats did not mean that he would be voting with them all the time. Senator Specter, the election is not over yet, should you not be quiet?

    President Obama completes his 100th day in office tomorrow,
    a news conference will be held in the evening, and other activities are planned to mark the event during the day. President Obama is still receiving very good approval ratings from the American people. The White House was thrilled, it has been reported, that Senator Specter will be joining the Democratic party, the President has reportedly said that he would be campaigning for the Senator in Pennsylvania, they can probably count on Governor Ed Rendell as well. There was a note of interest from former Governor Tom Ridge, as to a possible run against Senator Specter, after his announcement today. Now that would be a very interesting race, we are talking gladiators in the political field in Pennsylvania.

    Chrysler and the Government have agreed to a deal to reduce the company's debt and also to provide more money to try to save it from bankruptcy, which is still a possibility.

    Carnival and Princess Cruise lines have cancelled port stops in Mexico, due to the swine flu outbreak.

    The number of cases of swine flu in the United States grows, some people have been hospitalized, no deaths as yet reported, due to the illness.

    Thw World Health Organization upgraded the outbreak of swine flu, to a 4, out of a possible 1-6. The status rating could change, according to a spokesman for the organization, if it is found that the transmission of the illness is moving from person to person in many countries, which is not the case as yet.

    Governor Kathleen Sebilius of Kansas, was confirmed today as the new Secretary of Health and Human Services. She resigned as Governor of the State of Kansas, as reported today as well. We are guessing that the Republicans who were holding up her confirmation, felt a litle pressure from the
    increasing number of cases of swine flu being reported.

    North Korea is reportedly reprocessing nuclear fuel rods.

    President Kim's son has reportedly joined the North Korean Military Board.

    Center left victory reported in the election in Iceland.

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  • U. S. Swine Flu Outbreak!

    An outbreak of swine flu has occured in various states, which seems to have started in Mexico City. The states so far reporting cases of the illness include California, New York, Texas and Kansas. Nineteen cases of swine flu have been confirned in the states. The Federal Government has declared a health state of emergency regarding the swine flu. The Homeland Security Department will be monitoring the evolving situation. Reports are that many hundreds of cases of the illness may be in the states already, but unconfirmed. Your doctor should be consulted if the illness is suspected. The cases are among those in their 20's, 30's and 40's reportedly.

    Mexico City reportedly has been shut down due to the outbreak of the swine flu, which has killed many people in the area.

    New Zealand has instituted a quarantine, to try to stem the outbreak of the swine flu.

    Treasury Secretary Geithner reportedly said that the economic decay is lessening.

    Summers: The economic decline will continue for some time.

    The Pentagon will reportedly release more pictures of aledged prisoner abuse.

    Some Chinese Muslim Gitmo detainees may be released in the U. S.

    GM will reportedly discontinue producing their Pontiac model.

    Two time Emmy winning actress of the "Golden Girls", Bea Arthur has died at 86.

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