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Tag archive for ‘War In Iraq’

Reserve Money Market Fund Collapses as Lehman default spreads through the market’s balance sheets.

Reserve Money Market Fund Collapses as Lehman default spreads through the market’s balance sheets.

The “Reserve Primary Fund”, just saw its shares fall below $1 a share. For all intensive purposes - this means that the money market fund has collapsed. This is the first, and perhaps most cataclysmic implosion following the wake of Lehman Brother’s collapse Monday morning.

Make mine a mocha-layoffa-chino please…

Make mine a mocha-layoffa-chino please…

Starbucks, the nation’s left-wing-nutjob-8-dollars-a-cup-of-joe shop, has finally figured out the economy is slowing down. I suppose when gas costs more than four bucks a gallon - getting that mocha frappachino for six bucks doesn’t seem like such a good idea. Starbucks Corp. announced today it will close 600 company-operated stores in the next year. The [...]

McCain Attacks Obama over Iran Comments

Chicago, IL (AP) - Republican John McCain accused Democrat Barack Obama of inexperience and reckless judgment for saying Iran does not pose the same serious threat to the United States as the Soviet Union did in its day.
McCain made the attack Monday in Chicago, Obama’s home turf.
“Such a statement betrays the depth of Senator Obama’s [...]

White House Admits fault on “Misson Accomplished” banner

WASHINGTON (AP) - The White House said Wednesday that President Bush has paid a price for the “Mission Accomplished” banner that was flown in triumph five years ago but later became a symbol of U.S. misjudgments and mistakes in the long and costly war in Iraq.
Thursday is the fifth anniversary of Bush’s dramatic landing in [...]

Oh geeze… next she’ll claim she wrote the Declaration of Independence.

Eugene, Oregon (CBSNEWS) During a campaign stop in Oregon, Hillary Clinton fielded testier questions from the audience, more so than she has in quite a while. It was a typical campaign rally where Clinton delivered her now typical campaign speech, but twice during her remarks Clinton was heckled by a gentleman who wanted to know [...]