Morning headlines
September 18, 2008 at 11:05 am by Russell McLendon in NewsTHE VISIBLE HAND: Smugness is growing abroad over the global free-market champion — especially under such an anti-regulation Republican administration — essentially nationalizing private corporations to combat its sputtering economy.
PAIN IN THE BANK: Top central banks of the world unite to infuse $247 billion into money markets in an attempt to stave off a global financial meltdown.
GOUGING: The state has subpoenaed at least nine gas stations for price-gouging after Hurricane Ike shut down oil production on the Texas coast.
EUGLENA: A big swath of slimy plant/animal goo is floating down the Oostanaula River toward Rome.
ZONE DEFENSE: Metro Atlanta communities are more often having to deal with abandoned clear-cut lots and subdivisions that developers couldn’t afford to finish, often doing so by revisiting zoning conditions.
CLAYTON: Corrective Superintendent John Thompson meets with SACS president, says he’ll soon unveil the school system’s plan to regain accreditation in the next 12 months.
THE HOOKY CRUMBLES: Nine DeKalb parents have been arrested for educational neglect based on their children’s truancy; police have arrest warrants for 59 people in all, some of whose kids have missed 40-50 days of school.
DOT: Auditors discover the department’s financial situation is even worse than previously thought.
DENNIS QUAID: Visits Falcons practice to promote a movie.
Send to a friend:
September 18th, 2008 at 7:44 pm
We haven’t had a “unfettered free market” since about 1910.
The AIG bailout is wrong.
Sometimes the Invisible Hand works by making a fist and punching someone in the nose. Hard.
This effectively ties the Invisible Hand behind the back.