What going on – News Roundup

Tuesday Morning News Roundup

I’m sorry I haven’t been able to post much over the last couple of days. Part of the problem has been a persistent bug in my blog. The other part of the problem has to do with being too busy… and mourning the Dallas Cowboys’ last disaster.

  • If I see another commercial for Tom Cruise’s new movie, Valkyrie, I may feel compelled to storm City Hall, asking them to pass a law banning the movie from being shown anywhere within the city limits. I understand the concept of saturating the market but this is ridiculous.
  • The New York Times has another excellent article on our financial crisis. It’s another in a series called The Reckoning. This article outlines how the White House and George W. Bush wanted to increase home ownership at almost any cost. It discusses how White House ignored warnings. One of the most interesting contrasts in this whole story is how Mr. Deregulation, George W. Bush, wanted tougher regulations on Freddie Mac and Fannie Mae but was unwilling to compromise with Congress. This article is worth reading in its entirety.
  • For those of you conspiracy buffs, you’ve probably already read about the death of Michael Connell. I’d never heard of him. Mr. Connell was a top Republican information technology consultant, the IT guy for Karl Rove. Cornell’s company, New Media Communications, did the website for George Bush’s 2004 campaign and also for John McCain’s campaign. He had been subpoenaed to testify in Ohio to talk about some of the shenanigans that went on within the campaigns, but his single engine private plane crashed about three miles shy of the Akron runway. Was he killed because he was going to talk? I’m sure that we will hear a lot more on this story.
  • Do you remember the five Muslims that were going to attack the Army base, Fort Dix? After a 14-month investigation and a trial, all five were found guilty of conspiracy to kill US soldiers. Well, this is a step in the right direction.  Now, can we go after bin Laden?
  • Toyota has announced that it expects to post its first quarterly loss in its 70-year history. Well, I guess it is now official. The economy is really in the tank.
  • Israeli archaeologists have found over 200 gold coins in an early seventh-century collapsed building. Excavation of the site is ongoing.
  • A Continental 737 jet slid off the runway at Denver International Airport on Sunday. The circumstances of the crash are unclear but the NTSB has released a statement saying that neither the wheels nor brakes caused the crash. Although it appears there were injuries, as of now, no one was killed.

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