Emergency Rate Cut
The Federal Reserve cut U.S. interest rates by three quarters of a percent. That is the federal funds rate or the interest rate that banks charge each other on overnight loans. The new rate is 3.5% down from 4.25%. This is the first emergency rate cut by the Fed since September 11, 2001. International markets [...]
Kiefer Sutherland out of Jail
Kiefer Sutherland, star of the hit TV series 24 spent 48 days in jail for a drunken driving charge, and will be released today. Officers at the lock-up reported he was a model inmate, with no complaints and had little contact with other inmates. He was visited only once, and that was by his lawyer. [...]
Osama Bin Laden’s Son Omar Bin Laden
Osama Bin Laden’s son, Omar, says he has not spoken to his father since early 2001. He said there is a better way to defend Islam than with a gun, and he wishes to be a peace envoy. “It’s about changing the ideas of the Western mind. A lot of people think Arabs – especially [...]
Britney Spears Custody Trial
Britney Spears goes into a valley boutique followed by a throng of reporters. Ten minutes later she reemerges with new clothes. 24 hours later, she briefly stepped out of her SUV on the steps of the Courthouse where he custody trial was taking place and exclaimed “I am scared” (claiming that the paparazzi were keeping [...]
How to Rig an Election
Allen Raymond was convicted of illegally jamming telephone lines to Democratic Party offices on election day 2002 in New Hampshire. He knows how to do it. After he spent five months in jail he walked away a free man, and wrote a book with Co-author Ian Spiegelman called: How to Rig an Election: Confessions of [...]
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