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 Posted: Tue Nov 25, 2008 3:50 pm
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Obama wants econ rescue approved 'right away'
CHICAGO - With the economy in crisis, President-elect Barack Obama urged the new Congress to pass a quick economic stimulus bill, pledged help for the troubled auto industry and blessed the Bush administration's bailout of the financial industry.
Even so, he conceded, "The economy is likely to get worse before it gets better," a downbeat forecast, delivered 57 days before he takes the oath of office and as Americans headed into the year-end holiday season.
Barring swift action, "most experts now believe that we could lose millions of jobs next year," he said, urging the newly elected Congress to act quickly on his plans after opening its session on Jan. 6.
At a news conference, Obama was critical of the Big Three automakers, saying he was surprised they did not have a better-thought-out plan for their future before asking Congress to approve $25 billion in emergency loans.
He said once he sees a plan, he expects "we're going to be able to shape a rescue."
Obama declined to say how large a stimulus package he wants from Congress. Democratic lawmakers speculated over the weekend that the price tag could reach $700 billion over two years as the nation struggles to emerge from a recession compounded by a credit crunch. "It's going to be costly," the president-elect said.
The stock market had been climbing before Obama spoke but then slipped during his news conference, reducing its gain from 300 points to 200. It rose higher again later. Analysts said investors were looking for more specifics of an economic stimulus plan, and also wanted Obama to state that he would set aside a plan to raise taxes on the richest Americans.
Obama made his comments as he unveiled the top members of his economic team, beginning with New York Federal Reserve President Timothy Geithner to be his treasury secretary. Geithner, 47, is a veteran of financial crises at home and overseas and has worked closely with the Bush administration in recent months.
Obama chose Lawrence Summers as director of his National Economic Council. Summers was treasury secretary under former President Bill Clinton.
Obama said his newly minted economic team offered "sound judgment and fresh thinking" at a time of economic peril.
He expressed confidence the nation would weather the crisis "because we've done it before."
Obama also announced two other members of his economic team in the making. He named Christina Romer as chair of his Council of Economic Advisers, and Melody Barnes as director of his White House Domestic Policy Council.
Obama's principal theme was urgency.
"We do not have a minute to waste," he said, citing the turmoil in the financial markets as well as the deterioration of the broader economy.
He also said he would "honor the commitments made by the current administration" to deal with the problems, signaling approval of the Bush administration's latest effort to rescue Citigroup as well as the broader $700 billion bailout designed to shore up the financial markets.
Bush said earlier in the day that the government's dramatic rescue of Citigroup was necessary to "safeguard the financial system" and help the economy recover, and he said there could be more such moves if other institutions need help.
"We have made these kind of decisions in the past. We made one last night. And if need be we will make these kind of decisions to safeguard our financial system in the future," Bush said.
As a candidate, Obama was a supporter of the $700 billion bailout measure.
Any stimulus plan would greatly exceed the $175 billion price tag Obama had suggested as a candidate.
At the news conference, he said he wanted to create 2.5 million jobs by the end of 2010. He also said he wants the legislation to incorporate his campaign ideas for new jobs in environmentally friendly technologies - the "green economy." He added that deficit concerns would have to take a back seat to the goal of reinvigorating the economy.
As a candidate, Obama called for cutting taxes for the middle class and said he wanted to eliminate Bush-era tax cuts for the wealthy. In his news conference, he reaffirmed support for reducing the burden on the middle class but was equivocal on how quickly he would act on taxes affecting those who are better off. Many economists caution that raising taxes can make a recession worse, and the president-elect said he would await a recommendation from his advisers on whether to follow through on his earlier pledge.
His call for quick congressional action was welcomed by Senate Majority leader Harry Reid, D-Nev. "With the cooperation of our Republican colleagues, we intend to send a plan to the White House as soon as possible following President-elect Obama's inauguration," Reid said.
Obama spoke one day after a senior adviser, David Axelrod said, "We want to hit the ground running on Jan. 20."
Echoing that, the second-ranking House Democrat, Rep. Steny Hoyer of Maryland, said, "We expect to have during the first couple of weeks of January a package for the president's consideration when he takes office."
While Obama and his team are focused on the work of the new Congress, they also weighed in on work pending before the current one.
Axelrod warned automakers seeking billions in government help to devise a plan to retool and restructure that they can present to Congress next month. Otherwise, he said, "there is very little taxpayers can do to help them."
The emphasis on the economy began Saturday when Obama outlined the framework to save or create 2.5 million jobs by the end of 2010.
But there were no plans to balance the tax cuts with an immediate tax increase on the wealthy. During the campaign, Obama said he would pay for increased tax relief by raising taxes on people making more than $250,000.
"There won't be any tax increases in the January package," said one Obama aide, who spoke on condition of anonymity because the details of the Obama package have not been fleshed out.
Obama could delay any tax increase to 2011, when current Bush administration tax cuts expire.
House Republican leader John Boehner of Ohio urged Obama to make that explicit. "Why wouldn't we have the president-elect say, `I am not going to raise taxes on any American in my first two years in office?'"
Some economists have endorsed spending up to $600 billion to revive the economy. Sen. Charles Schumer, D-N.Y., and former labor Secretary Robert Reich, a member of Obama's economic advisory board, both suggested $500 billion to $700 billion.
Axelrod and Schumer appeared on ABC's "This Week"; Hoyer and Boehner appeared on "Fox News Sunday," and Reich appeared on CNN's "Late Edition."
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Associated Press writer Jim Kuhnhenn contributed to this story from Washington.
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Posted: Tue Nov 25, 2008 3:52 pm
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Posted: Wed Nov 26, 2008 3:15 am
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Crash Maniac RALEIGH, N.C. - Stopped. Cold turkey. North Carolina authorities say a shopper clubbed an alleged carjacker with a frozen turkey as he tried to steal a woman's car in a grocery store parking lot Sunday. Police say 30-year-old Fred Louis Ervin of Raleigh stole money from a gas station before running across the street to a Harris Teeter store in a town just south of Raleigh. Garner police say he began beating Irene Moorman Bailey while stealing her car. Other shoppers came to her rescue, including one who hit Ervin with the turkey. Police did not release the person's name. Despite serious head injuries, Ervin got away in Bailey's car and hit several other cars as he fled. But police arrested him a short time later.
He faces several charges including assault inflicting serious injury. Ervin was hospitalized Monday in good condition, a hospital spokeswoman said. He had not yet been assigned a lawyer and was to appear in court Dec. 30.
I hope they're charging him with everything they ******** can.
Beating the woman? Hell, he could have been trying to beat her to death.
Hitting the cars while driving off? Hit and run charges from every vehicle hit.
I think that's all that I can think of. |
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Posted: Wed Nov 26, 2008 6:52 am
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OberFeldwebel Crash Maniac RALEIGH, N.C. - Stopped. Cold turkey. North Carolina authorities say a shopper clubbed an alleged carjacker with a frozen turkey as he tried to steal a woman's car in a grocery store parking lot Sunday. Police say 30-year-old Fred Louis Ervin of Raleigh stole money from a gas station before running across the street to a Harris Teeter store in a town just south of Raleigh. Garner police say he began beating Irene Moorman Bailey while stealing her car. Other shoppers came to her rescue, including one who hit Ervin with the turkey. Police did not release the person's name. Despite serious head injuries, Ervin got away in Bailey's car and hit several other cars as he fled. But police arrested him a short time later.
He faces several charges including assault inflicting serious injury. Ervin was hospitalized Monday in good condition, a hospital spokeswoman said. He had not yet been assigned a lawyer and was to appear in court Dec. 30. I hope they're charging him with everything they ******** can. Beating the woman? Hell, he could have been trying to beat her to death. Hitting the cars while driving off? Hit and run charges from every vehicle hit. I think that's all that I can think of. |
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Posted: Wed Nov 26, 2008 6:55 am
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Orkronos OberFeldwebel Crash Maniac RALEIGH, N.C. - Stopped. Cold turkey. North Carolina authorities say a shopper clubbed an alleged carjacker with a frozen turkey as he tried to steal a woman's car in a grocery store parking lot Sunday. Police say 30-year-old Fred Louis Ervin of Raleigh stole money from a gas station before running across the street to a Harris Teeter store in a town just south of Raleigh. Garner police say he began beating Irene Moorman Bailey while stealing her car. Other shoppers came to her rescue, including one who hit Ervin with the turkey. Police did not release the person's name. Despite serious head injuries, Ervin got away in Bailey's car and hit several other cars as he fled. But police arrested him a short time later.
He faces several charges including assault inflicting serious injury. Ervin was hospitalized Monday in good condition, a hospital spokeswoman said. He had not yet been assigned a lawyer and was to appear in court Dec. 30. I hope they're charging him with everything they ******** can. Beating the woman? Hell, he could have been trying to beat her to death. Hitting the cars while driving off? Hit and run charges from every vehicle hit. I think that's all that I can think of. If only something would have been handy like... oh say a rock or a brick rather then a turky
Personaly i would have rather gotten hit by the rock or the brick than a frozen turkey, thats 30lbs of rock hard material aimed at your head. |
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Posted: Wed Nov 26, 2008 12:33 pm
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war_junky 91 Orkronos OberFeldwebel Crash Maniac RALEIGH, N.C. - Stopped. Cold turkey. North Carolina authorities say a shopper clubbed an alleged carjacker with a frozen turkey as he tried to steal a woman's car in a grocery store parking lot Sunday. Police say 30-year-old Fred Louis Ervin of Raleigh stole money from a gas station before running across the street to a Harris Teeter store in a town just south of Raleigh. Garner police say he began beating Irene Moorman Bailey while stealing her car. Other shoppers came to her rescue, including one who hit Ervin with the turkey. Police did not release the person's name. Despite serious head injuries, Ervin got away in Bailey's car and hit several other cars as he fled. But police arrested him a short time later.
He faces several charges including assault inflicting serious injury. Ervin was hospitalized Monday in good condition, a hospital spokeswoman said. He had not yet been assigned a lawyer and was to appear in court Dec. 30. I hope they're charging him with everything they ******** can. Beating the woman? Hell, he could have been trying to beat her to death. Hitting the cars while driving off? Hit and run charges from every vehicle hit. I think that's all that I can think of. If only something would have been handy like... oh say a rock or a brick rather then a turky Personaly i would have rather gotten hit by the rock or the brick than a frozen turkey, thats 30lbs of rock hard material aimed at your head. |
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Posted: Wed Nov 26, 2008 1:44 pm
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Fresnel war_junky 91 Orkronos OberFeldwebel Crash Maniac RALEIGH, N.C. - Stopped. Cold turkey. North Carolina authorities say a shopper clubbed an alleged carjacker with a frozen turkey as he tried to steal a woman's car in a grocery store parking lot Sunday. Police say 30-year-old Fred Louis Ervin of Raleigh stole money from a gas station before running across the street to a Harris Teeter store in a town just south of Raleigh. Garner police say he began beating Irene Moorman Bailey while stealing her car. Other shoppers came to her rescue, including one who hit Ervin with the turkey. Police did not release the person's name. Despite serious head injuries, Ervin got away in Bailey's car and hit several other cars as he fled. But police arrested him a short time later.
He faces several charges including assault inflicting serious injury. Ervin was hospitalized Monday in good condition, a hospital spokeswoman said. He had not yet been assigned a lawyer and was to appear in court Dec. 30. I hope they're charging him with everything they ******** can. Beating the woman? Hell, he could have been trying to beat her to death. Hitting the cars while driving off? Hit and run charges from every vehicle hit. I think that's all that I can think of. If only something would have been handy like... oh say a rock or a brick rather then a turky Personaly i would have rather gotten hit by the rock or the brick than a frozen turkey, thats 30lbs of rock hard material aimed at your head. And it's got mechanical advantage, what with the net bag and all. If he was swinging it right, it's got an incredible force behind it.
It's a potentially tasty and rather lethal flail.
Personally, the best thing would for him to have been beaten to death with it or, have been shot to death by someone. |
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Posted: Sat Nov 29, 2008 5:04 pm
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Giants’ Burress shot in right thigh
By TOM CANAVAN, AP Sports Writer
Super Bowl hero Plaxico Burress accidentally shot himself in the right thigh and spent the night in the hospital, another dramatic turn in a tumultuous season in which the star New York Giants receiver has been fined and suspended.
The Giants said the shooting happened Friday night and he was released from the hospital early Saturday. The team did not say which hospital Burress went to or how badly he was injured.
However, a team official told The Associated Press that Burress shot himself in a nightclub. The official spoke on condition of anonymity because the team was still trying to sort out all the facts.
“Our primary concern is for Plaxico’s health and well-being, and given the circumstances, we are relieved to say he was released from a New York City hospital,” the Giants said in a statement.
New York City police said they were investigating whether the incident took place at Latin Quarter, a sprawling 15,000-square-foot, two-story restaurant and club located in the Radisson Lexington Hotel in midtown Manhattan.
full story here
Yahoo's great for these sort of things.
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Posted: Sun Nov 30, 2008 1:04 am
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war_junky 91 Orkronos OberFeldwebel Crash Maniac RALEIGH, N.C. - Stopped. Cold turkey. North Carolina authorities say a shopper clubbed an alleged carjacker with a frozen turkey as he tried to steal a woman's car in a grocery store parking lot Sunday. Police say 30-year-old Fred Louis Ervin of Raleigh stole money from a gas station before running across the street to a Harris Teeter store in a town just south of Raleigh. Garner police say he began beating Irene Moorman Bailey while stealing her car. Other shoppers came to her rescue, including one who hit Ervin with the turkey. Police did not release the person's name. Despite serious head injuries, Ervin got away in Bailey's car and hit several other cars as he fled. But police arrested him a short time later.
He faces several charges including assault inflicting serious injury. Ervin was hospitalized Monday in good condition, a hospital spokeswoman said. He had not yet been assigned a lawyer and was to appear in court Dec. 30. I hope they're charging him with everything they ******** can. Beating the woman? Hell, he could have been trying to beat her to death. Hitting the cars while driving off? Hit and run charges from every vehicle hit. I think that's all that I can think of. If only something would have been handy like... oh say a rock or a brick rather then a turky Personaly i would have rather gotten hit by the rock or the brick than a frozen turkey, thats 30lbs of rock hard material aimed at your head.
A turkey falling out of a refrigerator or freezer can kill any pets that it lands on or can smash your foot. |
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Posted: Wed Dec 03, 2008 11:58 am
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ST. LOUIS - A city alderman frustrated with the police response to rising crime called Tuesday on residents to arm themselves to protect their lives and property.
Alderman Charles Quincy Troupe said police are ineffective, outnumbered or don't care about the increase in crime in his north St. Louis ward. St. Louis has had 157 homicides in 2008, 33 more than last year at this time.
"The community has to be ready to defend itself, because it's clear the economy is going to get worse, and criminals are getting more bold," Troupe, 72, said Tuesday.
Troupe said that when he and residents approached a district police commander last year, they were told "there was nothing he could do to protect us and the community ... that he didn't have the manpower."
Police did not immediately return requests for comment. Chief Dan Isom told the St. Louis Post-Dispatch he understands Troupe's frustration but doesn't support citizens arming themselves.
Carrying guns, he said, is not a "recipe for a less violent community."
Mayor Francis Slay wrote in his blog Tuesday that some of the most violent crimes in Troupe's ward are committed with guns stolen from law-abiding citizens.
He said Troupe could do more good urging residents to cooperate with investigating police officers, lending support for activities for children, and lobbying legislators to increase funding for jobs training and economic development.
Troupe's reaction to the spike in homicides is understandable, but his idea is not likely to be effective, said University of Missouri-St. Louis criminologist Richard Rosenfeld.
"Much of the problem is free and easy access to guns," Rosenfeld said. "This hope that by putting guns in the right hands will have an influence on criminals is a false hope. There's no evidence for that."
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Posted: Wed Dec 03, 2008 12:23 pm
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Posted: Wed Dec 03, 2008 12:37 pm
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Posted: Wed Dec 03, 2008 2:47 pm
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war_junky 91 ArmasTermin Crash Maniac "This hope that by putting guns in the right hands will have an influence on criminals is a false hope. There's no evidence for that." I lol'd. So did I, what was it last week a fellow guild member prevented themself from robery? Oh and not to mention the FBI published a study on criminals and firearms that basically sides with "us" (i have personaly borrowed a copy of the report from a local library and read it cover to cover).
I remember watching a interview that some TV station did with criminals at a prison somewhere... about gun control.
one of the inmates said something like this, "I dont care about no gun control... i dont care what the PO-lice tell me to do any how. Why am i gonna listen to someone say'in i cant carry my piece?"
Then they asked him if he knew about CCW's and he said yes, then they asked if he would commit a crime if they started a CCW program in their state... He said "No, cause i wouldnt know who would fight back" or something like that.
I just think its funny, we had more car jackings, armed robberies, and violent crimes in 6 months, just in LA county... than Texas had in a YEAR... thats all of Texas. not any particular county or city. THE STATE.
Why? cause they carry GUNS there... |
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Posted: Wed Dec 03, 2008 10:24 pm
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Posted: Thu Dec 04, 2008 3:32 am
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Fresnel Crash Maniac I remember watching a interview that some TV station did with criminals at a prison somewhere... about gun control. one of the inmates said something like this, "I dont care about no gun control... i dont care what the PO-lice tell me to do any how. Why am i gonna listen to someone say'in i cant carry my piece?" . That it?
Another one also said that they liked gun control because it keeps the civilians or law abiding from owning them right? |
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