Tuesday, December 16, 2008

ABC News: Fed Expected to Slash Rates but Will It Matter? PLUS: The Grinch Who Stole Holiday Tips

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December 16, 2008

All About the Cut: Fed to Slash Interest Rates Again, but Will It Matter?
Another Federal Reserve Interest Rate Cut Will Have Limited Impact, Economists Say more
 
The Grinch Who Stole...Holiday Tips?
Workers Report Receiving Fewer Tips As Economy Falters
Recession Nation: No State Spared
No Single State Economy Is Expanding Anymore, Not Even Oil-Rich Alaska
Public Offers No Relief for Big Three Bailout
ABC News/Washington Post Poll Finds 55 percent Oppose Bailout Loan, 75 percent Blame Management
Can You Avoid a Madoff-Style Rip-Off?
Protect Your Money From Fraudulent Advisers by Asking the Right Questions

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Poll Watch: The Latest ABC News Poll

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Poll Watch: The Latest ABC News Polls

Blaming Management, Not Economy, Most Still Oppose Automaker Loans

Despite dire warnings, more than half of Americans still oppose federal loans to rescue the Big Three automakers, with two main reasons: Six in 10 doubt their reorganization in bankruptcy would hurt the economy. And three-quarters say they made their own bed.

Overall, 55 percent in this ABC News/Washington Post poll oppose such loans; 42 percent support them. Support has advanced modestly from 35 percent three weeks ago. But opposition has been steady, and more strongly felt.

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Today's Top Stories

Madoff Victims Look for Ways to Recover Their Money

By STEPHEN GANDEL

Some of the defrauded investors are covered by federal insurance. Others are considering lawsuits

Pat Quinn: The Man Who Would Replace Blagojevich

By ERIC FERKENHOFF / CHICAGO

In a state that the local head of the FBI called one of the nation's most corrupt, the disgraced governor's possible replacement is considered something of a Goody Two-Shoes

Is Caroline Kennedy Ready for the Senate?

By KAREN TUMULTY / WASHINGTON

She has thrown her hat into the ring for Hillary Clinton's seat. But some family friends are skeptical that the job would suit her

Obama Power Will Be in White House, Not Cabinet

By MICHAEL GRUNWALD

Analysis: He's picked some impressive names, and, unlike the past administration, they may have real power

Sewage That's Clean Enough to Drink

By BRYAN WALSH

To ease the local water crisis, a new sewage-treatment center in Orange County, Calif., turns wastewater into something potable. Could a similar system help the rest of the world?

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Swampland

By KAREN TUMULTY

Not an obvious move.

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Odd Protests

When Iraqi TV reporter Muntadar al-Zeid hurled a pair of shoes at President George W. Bush, he joined a long line of protesters who went to great lengths means to get attention

Quotes of the Day

"We are not planning any military action."
A.K. ANTONY,
India's defense minister, stating that last month's militant attacks in Mumbai, which were linked to Pakistan, will not escalate into a war between the two nuclear states
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Gloom Time for Moscow's Millionaires

By John Wendle

At the annual Millionaire Fair, there are signs that Russia's richest are feeling the pinch

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Kennedy Goes After Hillary's Seat | Meet the Man Who Threw His Shoes at Bush | A Big, Bad Bailout Loophole

AlterNet: The Mix is the Message   PEEK Newsletter
December 16th, 2008
More blogs and video »
 

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Why Did Kennedy Call on Elites Instead of Reaching Out to the Public?  

Why Did Kennedy Call on Elites Instead of Reaching Out to the Public?

How do you spell entitlement? Read more »

Meet the Man Who Threw His Shoes at Bush: Muntader al-Zeidi  

Meet the Man Who Threw His Shoes at Bush: Muntader al-Zeidi

Learn more about the man who threw the 'shoes heard round the world,' and find out what's happening to him now. Read more »

A Big, Bad Bailout Loophole: BushCo's Last-Minute Change Allows Golden Parachutes  

A Big, Bad Bailout Loophole: BushCo's Last-Minute Change Allows Golden Parachutes

"The flimsy executive-compensation restrictions in the original bill are now all but gone." Read more »

The Death Penalty Is Dying  

The Death Penalty Is Dying

Why American juries are less likely today to condemn another to die. Read more »

Iraqi Journalist Throws His Shoes at Bush During Baghdad Press Conference  

Iraqi Journalist Throws His Shoes at Bush During Baghdad Press Conference

Journalist to Bush: "This is a farewell kiss, you dog." Read more »

Bring Your Shoes to the White House!  

Bring Your Shoes to the White House!

The folks at CODEPINK are calling for Muntader's release and staging a protest on Wednesday in Washington, D.C. Read more »

Prudish NYT Columnist Condemns 'Hooking-Up'  

Prudish NYT Columnist Condemns 'Hooking-Up'

Charles Blow has discovered 'the demise of dating' -- and he is not happy about it. Read more »

 

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