- Cheney Gives Palin Nod:
From the man who may know best, Cheney says Sarah Palin has no restrictions from being a great vice president. In Italy today, Cheney told reporters that he ''loved'' Palin's speech to the convention, especially tickled by her joke about the difference between hockey moms and pit bulls being a coat of lipstick. He said, ''I thought her appearance at the convention was superb." He went on to add, ''There's no reason why Sarah Palin can't be a successful vice president in a McCain administration.'' - Fannie and Freddie Takeover:
The US government takeover of mortgage giants Frannie Mae and Freddie Mac caused stocks to rally in Europe and Asia. A provision in the bailout plan where the Treasury buys Fannie and Freddie securities in the open market has economists optimistic saying, "it means the US is serious about fixing the problems in the market.” - Cairo Rockslide Death Toll:
With reports saying hundreds more could still be buried and 47 left dead, a rock slide has decimated a Cairo shanty town. Eight boulders barreled down from high in the Muquattam hills and rescuers are criticizing authorities for delays in sending heavy machinery. Some are using their bare hands to search for survivors. One survivor says, "We saw a boulder coming down on us, on our houses, on the children, our belongings, and our neighbours and they pulled them out dead. Just as you see, no one has done anything to help since yesterday."
Read Related: 2008 Presidential Election Congress Dick Cheney Egypt Fannie Mae Freddie Mac Front Page Housing Crisis Rockslide Sarah Palin
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wow - that's just horrible to hear about the situation in cairo - i would hate to know that there's such a lag in rescue efforts and that people are trying their best to search for loved ones and they have no mechanical support. i hope that someone steps in soon.
i love that cheney is so supportive of the choice of palin. i think that it's says a lot for the party - that they are truly being supported by those in power right now - and hopefully we'll see some good come of this. i was really impressed with palin at the convention and i can't wait to learn more about her.
as for the mortgage bailout - it's still so up in the air to me. when the federal government comes in to help out - well you just don't know where the stability of the government will go from there. there's such a major problem with people defaulting on their mortgages that i don't know if our government can handle that. we're arleady in an INSANE deficit - that we'll just have to wait and see what happens.