Archive for March, 2008

On the Press Bus, Some Questions Over Favoritism

Did Saturday Night Live get it right last week?  Their depiction of  the press fawning over Obama has hit a cord with many people.  Even the press are beginning to look at themselves and evaluate their “fair and equal” treatment of the Democratic candidates.

““I don’t think that it’s kind treatment versus unkind treatment,” Mr. Cowan began, taking issue with the depiction of journalists fawning over Mr. Obama in a “Saturday Night Live” skit last Saturday, a characterization stoked nearly every day since by Mrs. Clinton and her aides.”

“And yet, Mr. Cowan then described several advantages that he saw Mr. Obama as having over his rival. “He hasn’t been around as long, so there isn’t as much to pick at,” Mr. Cowan said. “He plays everything very cool. He’s not as much of a lightning rod. His personality just doesn’t seem to draw that kind of coverage.””
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Free Lunch Isn’t Cool, So Some Students Go Hungry

How can such a good idea, and an important one, get so fouled up?  Oh, I know.  The government got involved.  Many children are being singled out in front of their peers and that’s not a good thing in this case.

“Lunchtime “is the best time to impress your peers,” said Lewis Geist, a senior at Balboa (High School) and its student body president. Being seen with a subsidized meal, he said, “lowers your status.””

” . . . a 14-year-old freshman with spiky hair and sunglasses, qualifies for a free lunch at Balboa High School here, he was not eating.”
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Markets Fall on Drumbeat of Grim Reports

There are a few stalwart fellows left.  There is no recession.  It’s only angst stirred up by the media.  That may be true.  The fact of the matter is that yesterday banks and other lenders further tightened credit in their struggle to contain damage from losses on mortgages, business loans and related debt.

“Shares sank, and investors fled to the safety of Treasuries as the Standard & Poor’s 500-stock index fell 2.71 percent and the Dow Jones industrial average dropped 315.79 points, or 2.51 percent, to 12,266.39. Both indexes capped their worst four months since 2002.”

““The drumbeat of economic news has been unrelentingly bad,” said Edward Yardeni, a normally upbeat investment strategist. “The recession scenario is looking more and more credible.””
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