Thursday, April 9, 2009

News Summary

Fox (1) Positive Economic News. Dow Up. More refinance loans. Wells Fargo makes 3 billion. Trade deficit falls to 10 year low. 654K new unemployed, less than last week. 8.5% unemployed.
(2) CT says nothing it can do about AIG bonuses.
(3) Tarp,of $700 billion $32.5B unallocated. $371B undisbursed.
(4) Pirates/Captain held hostage.
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(5) Carbon emission fee may die of politics. Administration deferring to congress.
(6) West Virginia - Cap - and Trade. Coal mining drives economy there. The two democratic senators against Obama's plan. Solar 20 / Wind 14/ Coal 3 cents per kilowatt hour.
Caterpiller, 75% of revenue comes from coal.
(7) Jeb Bush says Obama should stop saying everything was bad before I got here.
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(8) Iran: Says it is open to talks.
(9) North Korea: new pictures of president, looks older.
(10) White House to seek $83 Billion in supplemental spending for the war.
(11) Dodd wants to save defense contractor jobs.
(12) England counter-terrorism official resigns.
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Grapevine: Although almost every media showed images of Bush holding hands with the King of Saudia Arabia, almost none are showing Obama's bow to the King. The White House says Obama did not bow, he use both hands to shake his hand. Michael Goldbarb of the weekly Standard says " ... a violation of more than two centuries of tradition and protocol holding that American presidents never bow before royalty."
For the first time a Saudi man divorced his wife by text message.
(13) New pollution control for CA gas station, $11K per pump. A 3% increase in pollution reduction.
(14) Moran wants to say illegals have nothing to fear from the census.
(15) Military desserts in Canada being sent back to U.S.
(16) Critics say black caucus ignored political prisoners in Cuba
(17) Rove calls Biden a serial exaggerator..
Discussion Panel:
Economic turnaround. Unemployment may go over 10%.
Iran says willing to talk about nuclear program. Iran claims it has 7000 centrifuges.
ABC:
(1) Pirates.
(2) Dow Up. WellsFargo. Refinancing Push
(3) Scotland yard, security blunder.
(4) Baseball pitcher dies in hit and run accident.
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(5) A Closer look: Primary Care. Mayo Family care clinics to reduce emergency room expense.
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(6) On the Money: Us gov buy 17,600 fuel efficient cars, china buying GM cars. GM auctioning show vehicles."Bling" SUV.
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(7) Cuddle fish.
CBS:
(1) Pirates."Full attention of the Obama administration"
(2) Iran, open to holding talks. First reactor fuel rod mad entirely in Iran. Closer to be able to make weapon.
(3) Iraq tens of thousands of protestors mark sixth anniversary of fall of Baghdad, demanding troops go home, burn Bush effigy on pedestal Saddam statue once stood
(4) Surprising results from Wells Fargo, causing rise in banks stocks. Government "stress test" rallies market. Mutual funds developing for "bad loans"
(5) Retails sales 2% in March. Dismal new car sales, 37% decline from last year. American car sales up 25% in China.
(6) Korea: Kim makes appearance.
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(7) U.S. military suicides. 54 year to date. 143 last year.
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(8) Deadly trend in Chicago, 32 students murdered.
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(9) Home gardens.
NBC:
(1) American Hostage: Pirates.
(2) Retail Sales 1.8% down, 64,000 jobless, 5.84 million, dow up 246
(3) Obama urges American to refinance loans. CA market encouraging signs. Stockton market up. Second wave of foreclosures expected.
(4) Government buy 17,600 cars. Out of economic stimulus package.
(5) Wildfires in Oklahoma
(6) Baseball pitcher dies in hit and run accident.
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(7) Iran: making nuclear progress, real goal to build weapons
(8) Korea: Kim makes appearance.
(9) Economic downturn affecting pre-K kids. Funding cuts.
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(10) In depth report: growing homeless population living in tent city, Sacramento. City forcing people to move.
(11) Obama hosting a passover dinner tonight.
(12) M. Obama working on vegetable garden.
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(13) Making a difference: acts of kindness in cruel economy. Down syndrome children ballet class.

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