Oct 20, 2008

The Daily Buzz - Bernanke Says That 700 Billion Is Not Enough And That We May Need ANOTHER Wall Street Bailout

-Apparently $700 billion was not enough - Federal Reserve Chairman Ben Bernanke told Congress on Monday that another Wall Street bailout package may be needed.

-Today Deutsche Bank said that we could be facing the worst financial crisis since the Great Depression.

The Telegraph is being more pessimistic - they say that this crisis may make 1929 look a "walk in the park".

Meanwhile the Washington Post is reporting that the federal budget deficit for this year alone is likely to approach a TRILLION dollars.

-Barack Obama now says that Colin Powell will have a role in his adminstration. Oh - that is how he got that endorsement.....

-Is John McCain conceding the popular vote?

-More than 15,000 Iraqi Christians have been driven out of the Iraqi city of Mosul over the past two weeks. Isn't America supposed to be providing some kind of order over there?

-Watch out for those American exchange students - Amanda Knox, an American exchange student, stabbed her British fellow student and roommate Meredith Kercher in the neck at the culmination of a satanic rite.

-A British aid worker has been shot dead in Afghanistan for "preaching Christianity".

-Lastly, investigators have uncovered shocking abuse at a pig farm. How we treat our animals says a lot about who we are.

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