January 5th, 2009 admin
AP - Senate Democrats struggled to avert a showdown steeped in race and corruption Monday as a defiant Roland Burris declared, "I'm a United States senator" and flew to the capital to claim President-elect Barack Obama's old seat in Congress.
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January 5th, 2009 admin
AP - President-elect Barack Obama plunged into rare pre-inaugural crisis talks with congressional leaders Monday, declaring the national economy was "bad and getting worse" and embracing tax cuts now expected to reach $300 billion. He predicted lawmakers would approve a mammoth revitalization package within two weeks of his taking office.
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January 5th, 2009 admin
AP - Republican and Democratic House members said Monday that the alleged $50 billion fraud involving Wall Street figure Bernard Madoff reflects deep, systemic problems at the Securities and Exchange Commission.
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January 5th, 2009 admin
Politico - Barack Obama’s transition fundraising has fallen off its earlier pace and may just squeak by in reaching its target before he’s sworn in as president Jan. 20.Posted in news | Comments Off
January 5th, 2009 admin
In its latest concession to the worst revenue slide since the Depression, The New York Times has begun selling display advertising on its front page, a step that has become increasingly common across the newspaper industry.What really makes this sad is that it didn't have to happen. The Times has always skewed left, but for the most part, they played fair. Under the management of "Pinch" Sulzberger, however, the reporting has grown more shrill, partisan and libelous.The first such ad, appearing Monday in color, was bought by CBS. The ad, two-and-a-half inches high, lies horizontally across the bottom of the front page, below the news articles and a brief summary of some articles in the paper. In a statement, the paper said such ads would be placed “below the fold” — that is, on the lower half of the page.
The Times and other papers may try to blame the recession for their woes, but the downturn in the newspaper industry goes back too far for that simple explanation to fully work. They just can't seem to bring themselves to consider the possibility that it's not just the market or the internet that is killing them - their death might be self-inflicted. (H/t: Hot Air)
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