vicariously_i's calendar


Started On:

1/25/08 (Day 302)

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live while the whole world dies: the top google news clipping of each and every day.
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Senate leaders have agreed to move forward on stalled legislation aimed at easing the impact of the falling housing market, the chamber's top Republican and Democrat announced Tuesday.'Every day Congress and the president do nothing is another day closer to another American family losing their home,' Reid had warned on the Senate floor. The bill would, for the first time, allow bankruptcy judges to reset mortgages on primary residences. It would also provide $4 billion for local communities to buy and refurbish foreclosed properties; provide $200 million for counseling to help homeowners avoid foreclosure; give tax breaks for the homebuilding industry; and improve loan disclosure and transparency. Republicans threatened to block the bill, as they did before the recess, unless Democrats gave in to their demands to allow votes on certain GOP amendments.
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Democrat Harry Reid, the Senate majority leader, is in a unique position to settle his party's presidential nomination battle between Hillary Clinton and Barack Obama. And the solution he could offer his party would not involve winning another primary or caucus, negotiating redo votes in Florida and Michigan, convincing superdelegates to make or break commitments, or masterminding convention floor fights. The solution that is within his power is simpler, yet more profound than any of the extraordinary political events America has witnessed this election year. It requires only the rarest of things: an individual willing to set aside his own power and ambition for the good of his party and his country. It is this: Mr. Reid could step aside as leader of the Senate and hand the post to Mrs. Clinton. Only the proffer of this consolation prize would likely persuade Mrs. Clinton to drop her divisive, and now futile, quest for her party's nomination.
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80,000 Jobs Lost, Worst Since 2003; Jobless Rate Spikes- mployers shed 80,000 jobs in March, the worst decline in five years, the Labor Department said Friday, the strongest sign the U.S. is in a recession. The jobless rate jumped to 5.1% from 4.8% in February, the highest since September 2005. Along with big downward revisions to January and February employment, payrolls fell by 232,000 jobs in the first quarter, a sharp reversal from the 241,000 gained in the fourth quarter in 2007. 'After three consecutive months of losses, it's hard to argue we're not in a recession,' said Joel Naroff, chief economist at Naroff Economic Advisors. 'The question is how deep will it be and how long it will last.'
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harlton Heston, who won the 1959 best actor Oscar as the chariot-racing 'Ben-Hur' and portrayed Moses, Michelangelo, El Cid and other heroic figures in movie epics of the '50s and '60s, has died. He was 84. The actor died Saturday night at his home in Beverly Hills with his wife Lydia at his side, family spokesman Bill Powers said.
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Protesters scuffle with police during Olympic torch relay in London: In west London, a protester tried to grab the torch out of the hands of a TV presenter, forcing police to briefly stop the procession as officers detained the man. Another demonstrator tried to snuff out the flame with what appeared to be a fire extinguisher. Others in the crowd threw themselves at torchbearers running past in official Beijing 2010 Olympics tracksuits. The protests have forced officials to make unscheduled changes to the relay route, Metropolitan Police said. Thirty people have been arrested.
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Paula Radcliffe believes Beijing's heat and humidity will be more of a threat at the Olympics this summer than the Chinese capital's pollution. Beijing's air quality has been flagged up as a potential problem for athletes in endurance events like the marathon. But Radcliffe, who has asthma, believes the risks have been exaggerated. 'I need the right dosages of my asthma medication but after that I don't think it's something you can worry about too much,' Radcliffe told BBC Sport. 'It might not even be as bad as everyone thinks because I'm sure the Chinese will do everything they can to reduce the problem.
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