Tuesday, November 25, 2008

SPB News for Tuesday


Medvedev hopes Obama will be 'more careful' on missile defense shield plan.

NYT columnist: 'Consider moving up inauguration date...'


Bush pardons 14, commutes twoThieves, drug offenders, tax evaders on list of latest excused from sentences.

Nobel Laureate to lead Obama climate push

Fed Pledges Top $7.4 Trillion to Ease Frozen Credit (Bloomberg) — The U.S. government is prepared to lend more than $7.4 trillion on behalf of American taxpayers, or half the value of everything produced in the nation last year, to rescue the financial system since the credit markets seized up 15 months ago.

Citi, AIG Won't Drop Big Sports Sponsorships — Critics Slam Bailed-Out Firms' Pricey Deals for Naming Rights, Logo Placement — AIG, Citibank and a number of other federally bailed-out financial institutions have no plans to cancel hundreds of millions of dollars in sports team sponsorships …

ANOTHER SETBACK FOR GOP MINORITY OUTREACH.... Over the weekend, Sophia Nelson, a former congressional staffer and a black Republican, had an op-ed piece lamenting the fact that her party seems wholly disinterested in minority outreach.

Russia president, warships to Venezuela to counter US Warships, nuclear power, arms sales and perhaps cooperation on oil prices -- Russia's President Dmitry Medvedev is in Venezuela this week. The U.S. government dismisses the importance of Medvedev's visit on Wednesday to meet Venezuelan President Hugo Chavez and the deployment of several Russian warships for joint military exercises with Venezuelan forces in the Caribbean.

Builders Make Plea for Federal Aid --Critics Warn That Propping Up Housing Demand Will Only Prolong Market's Woes The builders' lobby is ramping up its sales pitch for a $250 billion stimulus package called "Fix Housing First," arguing that financial markets won't recover until home prices stop falling. They are calling for a generous tax credit for home purchases and a federal subsidy that would lower a homeowner's mortgage rate.

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