Stock Market Down!
Ok, I’m official and total mad at people mis-managing publicly traded companies. And on top of that, the U.S. government needs to make you’re there over seeing them in a much better way. I mean come on here, how can two of the biggest players (Fannie Mae and Freddie Mac) in the mortgage business be in so much trouble. And as always, when stocks drop oil climbs to record highs. The Dow Jones industrials fell more than 250 points, which dropped it below 11,000 for the first time in two years. I honestly never thought that the Dow would trade below 11,000 ever again, but I was wrong. Treasury Secretary Henry Paulson stated, “the government’s focus is ensuring that Fannie Mae and Freddie Mac keep operating in their current form”. Which he was countering reports from some that the government would announce plans to take over both of the companies. I really can’t trust our government to maintain any order. The only time they ever open their mouth crap comes out. They need to just watch what is going on around them. Because their mistakes are costing all American’s their life savings.
Tim Russert Meet the Press!
Breaking News - Tim Russert, the moderator of NBC’s “Meet the Press,” died Friday of an apparent heart attack. He was only 58 years young. I loved watching his show Meet The Press. Tim would never hold back, he always would ask the hard questions of anyone. He seemed to be such a down to earth honest guy. He was NBC’s Washington bureau chief and a senior vice president. I can say honestly, this guy will be missed.
The White House!
It appears that ex White House Press Secretary Scott McClellan decided to through President Bush under the bus. He pretty much wrote in his book that the Iraq war was all based on lies. Staffers of the White House find it hard to believe what McClellan has written about such things. Press Secretary Dana Perino issued a statement - “Scott, we now know, is disgruntled about his experience at the White House,” no kidding. It also appears that President Bush will not comment on this, and I don’t blame him. My view is, “you may not like what Bush does, but you need to respect the President”. Think about what the President goes through every day. He has to make real hard decisions; do you think you can do it? If so, go run to be President of the United States of America.
Sen. Edward M. Kennedy Part 3!
I posted information on this topic on Saturday the 17th when this had happened. First reported was that the Senator had stroke-like symptoms. Then reported was that Sen. Edward M. Kennedy had suffered from a seizure. Now the doctors are reporting that he has a cancerous brain tumor. The tests that were ran on the Senator after the seizure showed a tumor in Kennedy’s left parietal lobe. The course of treatment hasn’t been determent yet. The doctors are still running tests. I’ll do my best to keep everyone up to date.
