Monday, September 29, 2008

News for Monday/Tuesday, 9-29 and 9-30

Lawmakers quickly point fingers after bailout fails--NATE

The bill was aimed at buying up bad mortgages and stabilizing the falteringn economy. The bill failed in the house by a vote of 228-205. Nearly 60% of the democrats supported the bill, and about 1/3 of the republicans supported the approval of this bill. President Bush, who is a strong supporter of the bill, was very upset that the bill did not pass in the house vote. Also after the bill did not pass the DOW plunged 777 points at the end of Monday. This is a record plunge for the DOW. After the bill did not pass both Democrats and Republicans started to blame the other party for the failure of the 700 billion dollar bailout plan. John Boeckner from Ohio said that there would be no revote of Monday because most of the House Members left the Capital.

http://www.cnn.com/2008/POLITICS/09/29/bailout.fallout/index.html

Stocks crushed--ANDREA
http://money.cnn.com/2008/09/29/markets/markets_newyork/index.htm?cnn=yes
Basically what this story is about is the stock market crashing. On Monday, September 29 the Dow dropped almost 788 points. This is the biggest single-day drop ever. This happened after the House of Representatives rejected the 700 billion dollar bail-out.That days loss made the market value drop $1.2 trillion.

Amazon forest destruction speeding up, officials say--APRIL
http://www.cnn.com/2008/WORLD/americas/09/29/amazon.rainforest.destruction.ap/index.html
The article was talking about how the Amazon Forest was slowly being deforestated in years before, but in the last the year, deforestation has jumped to 228 percent compared to August of last year.
Because of things going so bad, they have been using satelites to watch for illegal loggers, which should help things a lot. SOme have said that the reason things are going so bad is because the government there has turned their eye away and really not been watching what has been going on.


VP hopefuls in debate prep mode--DANIELLE
http://www.cnn.com/2008/POLITICS/09/29/vp.debate/index.html
The vice precident candidates is taking some time off this week, because of the debate on Thursday. Campaigns are trying to lower expectations for their candidate while raising it for their opponent. Biden was preparing for the debate in his home state of Delaware, Michigan. He is a far more experienced debater, and he scored really good in the Democratic presidential debates. Biden has also done more than 100 interviews since being picked for Barrocks Obamas runnin mate.

Analysis: A few jabs, but no knockout in first debate--HANNAH
http://www.cnn.com/2008/POLITICS/09/27/debate.analysis/index.html
Sens. Barack Obama and John McCain square off, with no clear winner. Both parties are claiming the win. Democrats are saying they won in the sense that Obama didn't fold when faced with foreign policy. Republicans declare a win saying that when people head to the polls they want someone with experience.
Both candidates discuss the nation's economic woes before delving into foreign policy. Obama was much more comfortable with the econimic woes and people favor him when it comes to economic matters. However, people favor McCain when it comes to foreign policy.
McCain tries to label Obama as inexperienced while Obama tries to tie McCain to Bush.

Part I



Part 2



Part 3

Friday, September 26, 2008

News for Friday, 9-26

JPMorgan buys WaMu:--THERESA
http://money.cnn.com/2008/09/25/news/companies/JPM_WaMu/index.htm?postversion=2008092519

This article is about JPMorgan Chase buys WaMu (Washington Mutual).

This was marking the biggest bank failure in the history of the nation and the "latest" in the credit crisis.

In the deal that was struck JPMorgan will get all banking operations of WaMu; that included $307 Billion in assets and $188 Billion in deposits.

JPmorgan will pay the Federal Deposit Insurance Corporation $1.9 Billion.

JPMorgan also said they were going to raise $8 Billion additional capital through the sale of stock, but raised to $10 Billion.

JPMorgan will now have 5,400 branches in 23 states from the New York base.

Federal regulators reassured that the transition will be seamless for customers....bank customers should expect business as usual come Friday morning.

Shares for WaMu plummeted to $0.16--down 90%; JPMorgan was up 2.5%.

Four banks bid on WaMu: Wells Fargo, Citigroup, HSBS, and JPMorgan Chase. JPMorgan "won". Earlier in the year there was talk on JPMorgan's side to buy out WaMu, but did not propose and official offer.

It was said that, "Quite possibly the biggest losers in Thursday's deal, however, are WaMu's stock and debt holders, who were effectively wiped out."

Bailout package will get passed, Bush says:--SARAH K.
http://www.cnn.com/2008/POLITICS/09/26/bailout.talks/index.html

This article is about the $700 billion bailout. Rep. Barney Frank believes that there will be a deal by Sunday. A Democratic source says that if a plan is reached, the $700 billion will be broken down into smaller transactions, not given at one time. "We're back on the progress track. We had a little bit of a glitch yesterday." says Barney Frank of Missouri. He also talked about John McCain being in Mississippi for the debate. Many negotiations were still happening on Friday, and some Republicans felt like they were being rushed into making a huge decision without enough time.

-SARAH KONZ

The bailout: What's at stake:--SETH
http://money.cnn.com/2008/09/26/news/economy/bailout_impact/index.htm?cnn=yes

Basically this article said first that we can be pretty certain that another Great Depression will not happen. On the other hand however, times aren't very good right now. The government is debateing whether or not it would help to put 700 billion dollars to Wall Street. The theory is that it would jump start the economy. If the stock market is stronger than people have more money to spend and then the economy starts getting stronger. Since the economy is weak no one is paying off loans so the bank doesn't have any money to loan out. So if the bank can't loan any money people aren't buying houses. In return house prices fall. Overall, the 700 billion dollars would hopefully jumpstart the economy.

Border Clashes Add to US-Pakistani Tensions:--BREANN
http://www.time.com/time/world/article/0,8599,1844722,00.html?cnn=yes

School makeup battle:



CBS Sarah Palin Interview


Watch CBS Videos Online

Thursday, September 25, 2008

News for Thursday, 9-25


UPDATE: 2 More Kids Abandoned; 11 Total In Past 24 Hours--DAJSA
http://www.ketv.com/cnn-news/17553170/detail.html

Bush: Bailout plan necessary to deal with crisis:--RILEY
http://www.cnn.com/2008/POLITICS/09/24/bush.bailout/index.html
This story talks about how President Bush say that the bailout plan is necessary. He also warns that our whole economy is in danger. Bush says that the bailout is needed to reestablish confidence in the market. Bush said, "if Congress fails to approve the rescue plan, the nation could face a long and painful recession." Federal Reserve chief said that the Wall Street crisis worst the country has faced since the conclusion of World War II.

Was Obama blindsided by McCain announcement?--LAURA
http://www.cnn.com/2008/POLITICS/09/24/suspend.timeline/index.html

This article is about how John McCain announced he would take a break from campaigning and return to Washington to work on the economic recovery plan in Congress. Obama made plans with McCain to announce their similar thoughts about the recovery plan. McCain publicized the suspension of his campaign, on television, shortly after their conversation. Obama thought they had come to an agreement that they were going to issue a joint statement. McCain claims they did not agree to that and said, “This is not a time for statements.” Obama supporters criticized McCain for trying to up-stage his candidate.

McCain, Obama headed to Washington for bailout talks:--JENNA
http://www.cnn.com/2008/POLITICS/09/24/campaign.wrap/index.html
This article is about how John McCain suspended his campaign because of the nation's ecomonic crisis, and how Barack Obama won't. McCain will be going to Washington to participate in the negotiations on the bailout plan, and he is postponing Friday's debate. Obama said that this is the time the American people need to hear from the person who could be the next president. Also, McCain and Obama accepted Bush's invitation to discuss the proposed $700 billion bailout with him at the White house.-Jenna Hoch
Governor Terminates Texting While Driving:--SARA H.
http://www.kcra.com/news/17551235/detail.html

Governor Arnold Swartzenegger signed a bill, that banned all sending, writing, and reading of text messages while driving, this will be in effect January 1st. Senator Joe Simitan suggested this bill because he thought that the roads would be less dangerous if more drivers had their eyes on the road, and their hands on the wheels. For your first offense, you will get a $20 fine, and a $50 fine on any offenses after that.

Wednesday, September 24, 2008

News Stories for Wednesday, 9-24

Ahmadinejad: 'American empire' nearing its end--AUSTIN
Iranian president said "A few bullying powers" have created the world's problems. He says "I have no preference between McCain, Obama. He also says that attacking Iran would be "worst thing the U.S. government can do" and that hostility with the U.S. "has not been from our end,"


http://www.cnn.com/2008/WORLD/meast/09/24/ahmadinejad.us.iran/index.html

U.S. ship fires shots toward boats off Somalia:--DRAKE

Warning shots were fired after two boats were raising suspicions of piracy. These Pirate Boats were approaching a U.S. Navy ship used for refueling. Warning shots were fired, landed in water, forcing Pirate boats to turn away. The military says, "Pirates known to prowl waters off African nation of Somalia".


http://www.cnn.com/2008/WORLD/africa/09/24/somalia.pirates/index.html

Monday, September 22, 2008

News for Monday, 9-22

Congress scrambles on rescue bill:
http://money.cnn.com/2008/09/22/news/economy/bailout_proposal_Monday/index.htm?cnn=yes
Congress is taking over financial institutions.

Gas prices extend decline: 5 days and counting
http://money.cnn.com/2008/09/22/news/economy/gas_prices/index.htm?cnn=yes
Gas Prices average 3.75 a gallon. Still on a decline but still really high.

How We Became the United States of France:
http://www.time.com/time/nation/article/0,8599,1843168,00.html?cnn=yes

China quality chief quits over milk scandal:
http://www.cnn.com/2008/WORLD/asiapcf/09/22/china.tainted.milk/index.html
53,000 Children and infants made sick and four dead from contaminated milk. Melamene is the chemical that contaminated the milk.

Dinner plans save Pakistan's rulers from hotel bomb attack :
http://www.cnn.com/2008/WORLD/asiapcf/09/22/pakistan.islamabad.marriott.blast/index.html
A truck bomb made a two storie crater just outside the Marriott hotel. Many dead and hotel ruined.

N. Korea seeks removal of nuke plant seals:
http://www.cnn.com/2008/WORLD/asiapcf/09/22/nkorea.nuclear.seals/index.html
Angry at U.S. for not taking North Korea off the terrorist countrys list. U.S. won;t take North Koea off the list until the nuclear program is dismanteled. North Korea stopped the dismanteling process.

U.S. military: Iraqis trained for assassination coming home:
http://www.cnn.com/2008/WORLD/meast/09/21/iraq.assassination.squads/index.html
Iraqi Sheite fighters are being trained to take out U.S and Iraqi military officials.

CUTOFF--ALL STORIES ABOVE ARE FOR TEST 3

All stories above this will be the the third current events test.

Thursday, September 18, 2008

New Stories for Thursday, 9-18

Central banks' $180 billion deal
http://money.cnn.com/2008/09/18/news/international/central_banks_liquidity/index.htm?cnn=yes
Central banks are pumping $180 billion dollars into the economy in hopes to gain confidence. When the stock markets go down people start selling.


AIG booted out of the Dow
http://money.cnn.com/2008/09/18/news/companies/aig_dow/index.htm?cnn=yes
People look at the Dow Jones to see how the economy is doing. Kraft food will take over AIG, because the Dow Jones has crashed 96%.Dow Jones is the 30 largest companies.

U.S. death sparks Yemen embassy pullout
http://www.cnn.com/2008/WORLD/meast/09/18/embassy.yemen.blast/index.html
A US women was killed in the attack. The attack also killed six Yemeni police and four civilians. Quaida has suspects in custody right now.

By Andrea

Wednesday, September 17, 2008

News for Wednesday, 9-17

Al Qaeda blamed for U.S. Embassy attack:
http://www.cnn.com/2008/WORLD/meast/09/17/yemen.blast/index.html
Several injured and killed. People are wondering whether this attack is connected to Al Qaeda. Attackers disgiused as gaurds. No Americans were killed.

Fed in AIG rescue - $85B loan:
http://money.cnn.com//2008/09/16/news/companies/AIG/index.htm?cnn=yes
FED has control of inflation and deflation of money and can put money into circulation and take it out of circulation. FED getting 8% in company by lending money so they wont have to fire people. A lot of people have insurence worldwide through AIG.

McCain gets grilled on 'The View'
http://www.cnn.com/2008/POLITICS/09/12/campaign.wrap/index.html

Tuesday, September 16, 2008

News for Tuesday, 9-16

GM debuts the Chevy Volt:
http://money.cnn.com/2008/09/11/autos/volt_official_reveal/index.htm?cnn=yes

This car will go on sale in 2010, there will be a lithium ion pack that will be able to be charged, which will let you drive 40 miles without gas. It should cost less than 2 cents a mile on electricty. It is not like a hybrid, in that the wheels are not directly connected to gasoline. Some people were dissapointed, though, because the car was not as angular and appealing as the original concept. Sarah H. CWI-3


Obama ad hammers McCain on economy comment:
http://politicalticker.blogs.cnn.com/2008/09/16/obama-ad-says-mccain-doesnt-understand-economic-crisis/

Mudslinging campaigns are happening now, they want to bring the other person down. Mccain said that the foundation of our economy is strong, but indicators are saying that it isn't because of gas prices, unempoloyment, and the sell of houses. He was criticized, because people suggest that he is "out of the loop." "I think the fundamentals of our economy is strong," was Mccain's quote. People will start to make ads, that go against different canidates, made by third parties, and not official presidential messages. Sarah H. CWI-3

Stocks slide at the open:
http://money.cnn.com/2008/09/16/markets/stockswatch/index.htm?cnn=yes

The Dow Jones is used to see if the general stock market is doing well, and the Dow Jones stocks went down. So people are concerned that the stock markets will crash again. Sarah H. CWI-3

Monday, September 15, 2008

News for Monday, 9-15

Gas prices surge nearly 5 cents:
http://money.cnn.com/2008/09/15/news/economy/gas_prices/index.htm
Since the hurricane, gas prices have gone up.
Oil tumbles below $96 after Ike passes:
http://money.cnn.com/2008/09/15/markets/oil/index.htm?cnn=yes
Wall street pulls down to 94 dollars. Crude oil has gone down sharply. Ike wasn't as bad as suspected. A barrell of crude oil is now under 100 dollars. So... gas is going up and oil is going down.
Ike's trail of destruction stretches into Midwest:
http://www.cnn.com/2008/US/weather/09/15/hurricane.ike/index.html
Ike left a lot of destruction in Texas. Cold and rain in midwest might have been due from Ike. Galvesston, Texas got hit hard from Ike. Football games have been rescheduled because of Ike. The hurricane has made rainfall in the midwest. Homes on the coast of the Gulf of Mexico in Texas have been pretty much destroyed from hurricane....so don't build a house near the coast:). Flooding is much worse than the wind, although some people believe wind creates the most damage. Also, caskets have come up from under the ground.
Teen drivers with ADD a problem on the road:
http://www.cnn.com/2008/HEALTH/conditions/09/15/hm.driving.add/index.html
Teen drivers with ADD is a problem on the road. It's especially challenging for those with ADD because they have trouble focusing. Those with ADD or ADHD are 4 times more likely to speed, and 2 to 3 times more likely to get in an accident. It's hard for teens to focus when driving without ADD or ADHD so it's even more difficult with kids with ADD.

Thursday, September 11, 2008

News for Thursday, 9-11

9-11: Know what happened as discussed in class.

Official: Bush OK'd raids into Pakistan:
http://www.cnn.com/2008/POLITICS/09/11/us.pakistan.raids/index.html

President Bush ok the special units to invade pakistan border.
Pakistan's leaders will be notified right after or before we attack it.
We are attacking Pakistan cuz the taliban are in Pakistan.

Bill Clinton predicts big win for Obama:
http://www.cnn.com/2008/POLITICS/09/11/campaign.wrap/index.html

Clinton thinks Obama will win the election this year.
He thinks Obama is going to win big.

Poll: Concerns about terrorist attacks at lowest level since 9/11 :\
http://www.cnn.com/2008/POLITICS/09/11/terrorism.poll/index.html


People feel safe because there is a lot of security on U.S. now.
Some believe McCain will do a better job on terrorists.

Poll: McCain better to handle terrorism:
http://www.cnn.com/2008/POLITICS/09/11/candidates.sept11/index.html

Polls show McCain will handle terrorism more because of experience.
But some people believe terrorism is not that important in voting.

Wednesday, September 10, 2008

News for Wednesday, 9-10

Large Hadron Collider fired up in 'God particle' hunt:
http://www.cnn.com/2008/TECH/09/10/lhc.collider/index.html

Lawsuits say that the Hadron Collider could create a black hole that could swallow the Earth. The Hadron COllider is a tunnel underneath France and Switzerland.

'Lipstick on a pig': Attack on Palin or common line?:
http://www.cnn.com/2008/POLITICS/09/10/campaign.lipstick/index.html



U.S. teen: 'I felt like there were no dreams for me':
http://www.cnn.com/2008/LIVING/wayoflife/09/10/citizen.children/index.html

N.Korea denies Kim Jong Il health 'conspiracies':
http://www.cnn.com/2008/WORLD/asiapcf/09/10/north.korea.60th.anniversary/index.html

North Korea is a very poor. If North Korea would get rid of nuclear weapons the would have the sanctions removed. Kim Jong Il is the dictator of North Korea. There was a parade for the anniversary of North Korea, and Kim Jong Il was no where in sight. We think that he might have had a severe stroke.

Out of retirement, Armstrong eyes 8th Tour de France win:
http://www.cnn.com/2008/US/09/09/armstrong.returns/index.html

Lance Armstrong is hoping to return from retirement and compete in the Tour De France and win his eighth title.

Tuesday, September 9, 2008

News for Tuesday, 9-9

Bush to trim U.S. troops in Iraq by 8,000:
http://www.cnn.com/2008/POLITICS/09/09/us.iraq.military/index.html

President Bush is moving troops
from Iraq to Afganastan. 4000-Home 4500-to Afghanistan McCain didn't make mention, because he doesn't want to act like he is the next Bush. This is good for some people because in their opionion, We need to fight in A

Men's support gives Palin edge in latest poll:
http://www.cnn.com/2008/POLITICS/09/09/palin.poll/index.html

Men agree that Palin is qualified, even more approval then women. Possibly beacause of her looks.

Secret killing program is key in Iraq, Woodward says:
http://www.cnn.com/2008/WORLD/meast/09/09/iraq.secret/index.html

Washington Post reporters in 1970s, reported Watergate. He still rites books. In his new one, hes says that secret killing program is deceasing violence in Iraq. Very effective in last few years. Surge in troops was thought to be the cause, but he says it's because of the secret killing methods.

Monday, September 8, 2008

News for Monday, 9-8

Sarah Palin's style:

People like her for her good looks. She has to talk right and look right, too.
Candidates head to battleground states as polls tighten:
http://www.cnn.com/2008/POLITICS/09/08/campaign.wrap/index.html
The presidential race is very close.

Friday, September 5, 2008

News for Friday, 9-5

Jobless rate soars to 6.1%:
http://money.cnn.com/2008/09/05/news/economy/jobs_august/index.htm?cnn=yes
Unemployment rate is at a 5-year high. This isn't good for Republicans. There was 605,000 job losses in 2008.
John McCain's Speech Part I:



John McCain's Speech Part II:

EVERYTHING ABOVE IS FOR CURRENT EVENTS QUIZ #2

This is the separator between quiz #1 and quiz #2.

Thursday, September 4, 2008

Don't Forget Page 2 and 3!!

Don't forget to look at page two and three. Scroll to the bottom and you will see an option to see "Older Posts".

I also plan to be in my Meebo Chat Room after the volleyball match tonight. It is at the bottom of my main website. If I am not in there, leave a message and I will respond back.

Mr. Bruns

News for Thursday, 9-4

Palin comes out throwing punches:
http://www.cnn.com/2008/POLITICS/09/03/rnc.day/index.html?iref=mpstoryview




Source: U.S. troops launch helicopter assault in Pakistan:
http://www.cnn.com/2008/WORLD/asiapcf/09/03/pakistan.attack.afghanistan.deaths/index.html

Wednesday, September 3, 2008

Palin prepares for speech at GOP convention:
http://www.cnn.com/2008/POLITICS/09/03/rnc.day/index.html

Analysis: Bush relationship a balancing act for McCain:
http://www.cnn.com/2008/POLITICS/09/03/rnc.post.analysis/index.html

Democrats attack Lieberman, saying he lied to delegates:
http://www.cnn.com/2008/POLITICS/09/03/rnc.democrat.reaction/index.html

Pakistan's PM 'escapes' assassination attempt:
http://www.cnn.com/2008/WORLD/asiapcf/09/03/pakistan.assassination.gilani/index.html

Review: Google's Chrome needs more polish:
http://www.cnn.com/2008/TECH/ptech/09/03/review.chrome.ap/index.html

Tuesday, September 2, 2008

Arrests at RNC

So i read about how like almost 300 people we arrested and 120 of the people were being held on felony charges. There was also a group of self-described anarchist that over threw benches and broke windows in protest. There was about 2000 people in a anti-poverty march and it lasted about three hours. There was also three people arrested after police fire chemicals into the crowd.

-Breann Lehr
CWI 3rd hour
9/2/08

News for Tuesday, 9-2

Rain, tornado threat lingers as Gustav fades:
http://www.cnn.com/2008/US/weather/09/02/gustav/index.html

With Gustav, things have deffioniatly changed compared to what happened with Katrina. There has been a lower death toll because people listened to the Governor when he told everyone to evacuate. They have been telling everyone to wait until Thursday to return, but business are able to return Wednesday. Gustav has stall caused plenty of damage with thousands of homes and towns with out electricity. THe total death toll has only been to 4. President Bush has said that 34 of Lousiana's parishes will become disaster areas.
*april t.
3rd hour
9/8/07

Hundreds to be charged in court after RNC protests
http://www.cnn.com/2008/POLITICS/09/02/rnc.security/index.html

Oil plunges more than $7:
http://money.cnn.com/2008/09/02/markets/oil/index.htm?cnn=yes

Oil went down $7 a barrel and the hurricane season they say has just started.Oil production, natural gas production and refineries were suspended as Gustav approached the Gulf Region In addition, 23 refineries in the Gulf region had been shut down or were operating at reduced capacity by Tuesday, according to the report. In advance of Gustav's movement into the Gulf Coast region, 95.4% of natural gas facilities had been shut down.100% of crude oil production was shut down in the Gulf of Mexico. By Dajsa Deuel



Russia plays down EU threats over Georgia:
http://www.cnn.com/2008/WORLD/europe/09/02/russia.georgia.summit.sanctions/index.html
This article is more about the Gorgia conflict. The Russian Prime Minister says he doesnt understand why American ships are on Georgian shores.He also accuses the U.S. of pushing Poland, Baltic states to demand tougher sanctions. Russia doesnt like the idea that the humanitarian aid ships in Goregia are armed with the latest rocket systems. Russia still has not pulled out all troops from Gorgeia. It claims they are "Peace Keeping" troops. Austin C.H. 3rd hour.

CNN Poll of polls: Obama holds slim lead
http://politicalticker.blogs.cnn.com/2008/09/01/cnn-poll-of-polls-obama-holds-slim-lead/

Monday, September 1, 2008

News For 9-1

Republican National Convention, September 1-4:
http://www.cnn.com/ELECTION/2008/conventions/

Palin's teen daughter is pregnant
http://www.cnn.com/2008/POLITICS/09/01/palin.daughter/index.html

Obama says Palin's family off-limits:
http://www.cnn.com/2008/POLITICS/09/01/obama.palin/index.html
Basically what this story is about is,is Barack saying families should not be involved in politics. This all started when rumors that Sarah Palin's son was thought to be her daughter Bristol's son. This rumor isn't true, but she is 5 months pregnant(when only a senior in high school).
-Andrea 3rd hour

Palin has hired lawyer as trooper probe continues:
http://politicalticker.blogs.cnn.com/2008/09/01/palin-has-hired-lawyer-as-trooper-probe-continues/
Very short article about how Palin has hired a lawyer because she's being investigated to see if she abused her power by firing a police chief who wouldn't fire her ex-brother-in-law. by:Hannah W


Hurrican Gustav:
http://www.cnn.com/SPECIALS/2008/news/hurricane.gustav/index.html

Report card: U.S. workers worse off:
http://www.cnn.com/2008/US/09/01/workers.report.ap/index.html

This article mainly says that it is harder to find full time jobs and 10 percent of Americans are unemployed. This is nearly a 25 percent increase from last year. About four percent of working people want full time jobs but can only find part time jobs.
Heather Murray 3rd hour