Bush aims to ease US mortgage woes: report

Posted by Rob Fleming on Aug 31st, 2007
2007
Aug 31

US President George W. Bush is set to announce for the first time a series of measures aimed at easing the US mortage crisis marked by rising defaults and foreclosures, US media said Friday.
The proposals target homeowners who have fallen behind on their mortgages and are the administration’s first official response to the troubled [...]

GOP reacts quickly to Craig sex scandal

Posted by Rob Fleming on Aug 31st, 2007
2007
Aug 31

Sen. Larry Craig of Idaho pleaded guilty in June to lewd conduct in a restroom.

By Linda Feldmann | Staff writer of The Christian Science Monitor
from the August 31, 2007 edition
Perhaps the most relieved Republican in the country this week is Alberto Gonzales. On the day the much-maligned attorney general announced his resignation, spurring renewed [...]

Hugo Chavez is an annoyance who only acts crazy

Posted by Rob Fleming on Aug 30th, 2007
2007
Aug 30

By WILLIAM F. BUCKLEY JR.

The most recent initiative of the president of Venezuela, Hugo Chavez, is to change Venezuela’s time zone by one half-hour. Why? There is only one reasonable answer: to annoy the United States.
Why should the U.S. be annoyed by such a time change? Answer: It shouldn’t be, really.
We tamper with the clock [...]

Drop in U.S. stockpiles supports oil price

Posted by Rob Fleming on Aug 30th, 2007
2007
Aug 30

By Mark Shenk Bloomberg News
 

U.S. crude oil prices rose to a three-week high above $73 a barrel Wednesday after a government report showed a larger-than-expected drop in oil and gasoline inventories.
The Energy Department reported that crude oil stockpiles fell 3.49 million barrels to 333.6 million in the week ended Aug. 24. Analysts surveyed by Bloomberg [...]

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