Fresh Loaf

HAULING ASSET: U.S. Treasury Secretary Henry Paulson held a press conference this morning about the federal government’s plan to take all those pain-in-the-ass assets off the hands of struggling financial companies. It’s expected to be the biggest federal meddling in the free market since the 1930s, and markets around the world are digging it.

HADRON COLLIDER: A 30-ton transformer breaks in the world’s largest particle collider, halting the experiment. I can only assume it’s because of black holes.

FLORIDA: Thinks it’s too good for Clayton students.

HEAD-TO-HEAD: NFL commish Roger Goodell issues a warning about helmet-to-helmet collisions following Tampa Bay cornerback Elbert Mack’s skull-rattling hit on Matt Ryan.

DICK CHENEY: Can’t get enough war.

GA. MUSIC HALL OF FAME: Accepting seven new inductees Saturday, including Ludacris and Widespread Panic.

IT’S NOT THE HUMIDITY: UGA prepares to play in the Arizona desert for the first time in its 115-year history.

COKE: Named the No. 1 brand in the world for the eighth year in a row.

LANIER: Five feet away from last December’s all-time low.

Bookmark It

SARAH PALIN: The NY Times examines her governing style, which includes hiring several high school friends to high-paying state jobs for which they had no relevant experience.

BEAR MARKET TO FLEA MARKET: The Lehman Brothers investment bank announces it will file for bankruptcy, and despite the possibly market-soothing buyout of Merrill Lynch by Bank of America, the Dow drops 300 points.

FALCONS: Can’t overcome early deficit to the Bucs despite a near-comeback in the fourth quarter.

LAWYER MILLOY: The Falcons’ star safety was arrested on charges of DUI and speeding early this morning. No word yet on whether he will represent himself.

GALVESTON: Rendered a wasteland by Ike, with packs of stray dogs and loose steer wandering the sewage-strewn streets. Hurricane hold-outs now want off the island after lack of power and water has made it almost uninhabitable.

CUTBACKS: State lawmakers, judiciary and the governor’s office say they’ll cut back on their budgets in addition to upcoming state budget cuts made necessary by the colossal statewide shortfall.

QUORUM: The revamped Clayton school board can now move forward with official business after reaching a quorum by recruiting two former candidates for board seats.

DOG CALLS 911: To report owner’s seizure.

LANIER: Not filling back up anytime soon.

LINGERING: Linger Longer Communities says it’s making progress on plans for its Jekyll Island redevelopment, but navigating the environmental laws and public input may be bogging down the process.

UGA: Drops to No. 3 despite staying undefeated, but still has four top-10 teams on its schedule, all SEC foes.

Bookmark It

ELECTORAL CURRENT: The Christian Science Monitor examines this year’s swingingest states, and how swinging they are compared with 2004.

HURRICANE IKE: Hits Cuba, downgraded to a Category 2. It’s expected to head Gulfward from there, meaning Georgia’s streak of dodging major hurricanes will likely stay intact. The downside of that is Lake Lanier won’t get much rain from it.

FALCONS: Win their season opener against Detroit behind breakout performances from their two new stars. QB Matt Ryan threw a a 62-yard touchdown on his first NFL pass and had an unrookielike afternoon, while RB Michael Turner set a team rushing record to power a surprisingly potent offense.

BEGGARS CAN BE BOOZERS: Atlanta city officials are starting a new campaign to discourage downtown pedestrians from filling handled pans, and giving the money to charities instead.

FOOD BANK: The Atlanta Community Food Bank is suffering from the lowest food supply of its 30-year history.

LEAVING HOME: Richard Blais leaves his job at Tom Catherall’s restaurant to focus on several personal business ventures, including FLIP, his new burger joint.

EXOTIC GECKO: Found in Savannah.

BLACK BEARS: Are attacking people more often throughout their ranges in North America, including Southeastern forests such as the Great Smoky Mountains.

Bookmark It

“FIGHT WITH ME”: Says John McCain during his speech accepting the Republican nomination for president. I haven’t listened to the audio of his speech, but I assume he emphasized “with,” and not “fight.”

WARRIN’ POLICY: The New York Times examines how the hawkish and moderate wings of the GOP are vying beneath the surface to influence McCain’s foreign-policy compass, and what to make of his bellicose statements about Iran and Russia.

FIRING RANGE: After her aides improperly peeked at her sister’s ex-husband’s personnel files in an effort to get the Alaska state trooper fired, and then unsuccessfully pressured the public safety commissioner to fire him, Gov. Sarah Palin just fired the public safety commissioner, according to the Alaska state police union.

GATOR CHOMPED: The alligator that’s been sporadically spotted around Lake Lanier during the past month has been caught.

MASS TRANSIT: Can save the average Atlanta household $9,129 a year, according to the American Public Transportation Association. But APTA assumes the household would also get rid of a car, so those estimated savings include no longer paying to register and insure it.

NO BLACKOUT: Three Falcons sponsors bought the remaining 1,500 tickets to Sunday’s season opener to prevent a TV blackout. The game marks the beginning of the Mike Smith era, which players are thrilled about, especially when compared with the Bobby Petrino error “era.”

HOT PANTS: In addition to the ongoing rash of high-priced blue-jean thefts in Atlanta, four Gustav evacuees from New Orleans were arrested Thursday afternoon and charged with yet more blue-jean banditry. Hours earlier, Atlanta police arrested three other smash-and-grab suspects after a car chase.

HANNAH: Will bypass the Georgia coast today, bringing just wind and rain, but Savannah officials hope the false-ish alarm won’t discourage future hurricane wariness.

IKE THE DICKENS: The hurricane, which had been a Category 4 storm, is “extremely dangerous,” according to forecasters, even though it’s weakened to a Category 3.

TURF WARS: California’s attorney general and the nonprofit Center for Environmental Health are suing artificial-turf makers in Georgia and Florida for their turfs’ lead-based coloring, which the lawsuits claim violate California’s environmental laws.

Bookmark It

Number of tornado warnings issued last Tuesday in metro Atlanta because of Tropical Storm Fay: 5

Gallons of rain the tempest added to Lake Lanier, the metro area’s main source of drinking water: 22 billion

Number of days that additional water can last metro Atlanta: 50

Inches Lake Lanier rose last Monday and Tuesday thanks to the storm: 30

Number of feet the lake is still below full level: 15

Average number of gallons released daily from Lake Lanier this month: 1.2 billion

Number of years since the lake’s level has been that low: 52

Gallons that could be saved if pre-1993 metro Atlanta homes replaced their antiquated plumbing fixtures: 183 million

Percentage of respondents in a recent poll who said they were less concerned about the drought this year than they were in 2007: 48

Sources: Atlanta Journal-Constitution, Rasmussen Reports, Metropolitan North Georgia Water District, U.S. Army Corps of Engineers

Bookmark It

MCCAIN: Picks Alaska Gov. Sarah Palin as his running mate. He’ll introduce her in Dayton, Ohio today.

ROCKY MOUNTAIN HIGH: Barack Obama accepts the Democratic nomination for president in Denver with a speech CNN analyst David Gergen calls a “political masterpiece.”

CLAYTON: School system loses accreditation, but can get it back at any point during the next school year if it can meet the SACS mandates. Superintendent John Thompson plans to appeal the SACS decision.

GUSTAV: Bearing down on Cuba as it becomes a hurricane, with a Tuesday landfall in Louisiana expected.

LANIER: The U.S. Army Corps of Engineers has slowed flows from the lake because tributaries and reservoirs south of Buford Dam were replenished by Fay.

UGA VII: The new mascot will be announced today and debuted tomorrow when Georgia hosts Georgia Southern in Athens.

RAMBLIN’ WRACK: Fay pushed excessive wrack, or decomposing seaweed that’s naturally washed ashore, beyond normal high tide in coastal Georgia, and it’s filled with trash.

RAMBLIN’ WRECK: Tech beats Jacksonville State 41-14 to open the season.

MEDAL OF SCIENCE: The nation’s highest science award will be given to Georgia Tech chemistry professor Mostafa El-Sayed, who’s working to treat cancer with cylindrical gold nanorods and lasers.

Bookmark It

OBAMA: Officially becomes the Democratic nominee for president, the first black person ever nominated by a major party. He’ll give his acceptance speech tonight.

MCCAIN: Has picked his running mate, whom he’ll inform of his decision today and introduce Friday in Ohio.

UNDERDRIVE: As gas prices and environmental worries have driven down driving, highways and other transportation projects, including commuter rail, have lost a major source of funding — gas taxes.

CLAYTON IS THE HARDEST PART: SACS will announce its accreditation decison at a 1 p.m. press conference today. [UPDATE: Accreditation lost.] Meanwhile, a state judge has recommended that Gov. Perdue remove four Clayton school board members from office for violating Georgia’s open-meetings laws and ethics code. 

FREE REFILL: Fay has now added two feet back to Lake Lanier, as rainwater continues to move downhill through the basin. It’s still 15 feet below full pool, but that one storm has made up for the month of August so far, which has been especially dry.

FUNNEL VISION: The National Weather Service says up to four tornadoes may have touched down in Hall County as Fay passed through.

OUR DEERLY DEPARTED: Rome’s world-famous six-legged deer died last week after surgery to remove his two unnecessary legs.

PAUL JOHNSON: The New York Times profiles Georgia Tech’s new skipper and his stubbornly distinctive coaching style, which he’ll debut in Atlanta tonight as Tech hosts Jacksonville State to open the season.

BRAVES: Call up minor-league outfielder Josh Anderson after trading CF Mark Kotsay to Boston Wednesday for minor-league outfielder Luis Sumoza. Atlanta also signed journeyman relief pitcher Elmer Dessens.

Bookmark It

CLINTON: Addresses the Democratic National Convention by pleading for unity in supporting Obama, telling her supporters, “I want you to ask yourselves: Were you in this campaign just for me?” Bill speaks tonight, along with Biden.

GLITCH, PLEASE: A computer glitch at an FAA facility south of Atlanta is blamed for delaying hundreds of flights across the country Tuesday.

SAXBY ON THE BEACH: Saxby Chambliss, who helped secure federal funding for the pork project, attended a coastal ceremony on Tybee Island Tuesday to announce a restoration plan for its eroding beaches. “I’m a beach bum,” he announced. “I love the beach.”

KOTSAY: The Braves’ center fielder may be headed to Boston, with Atlanta unlikely to get much besides a free roster spot in return.

SPELMAN: Gets an anonymous donation of $17 million.

ROCK YOU LIKE A TROPICAL DEPRESSION: Fay flooded Helen, Ga., and battered Hall County, but she also put a dent in our drought and raised Lake Lanier by a foot.

NO. 1 WITH A BULLET: UGA’s offense and defense say they’re ready to live up to the hype, but the loss of OL Trinton Sturdivant and “sloppy” blocking in practice has raised some nerves.

Bookmark It

SPY VS. PIE: The AP reports that Julia Child left a career as a WWII-era spy to become a chef; Child is one of several well-known Americans whose previously secret spy career was revealed this morning, as the personnel files of the pre-CIA Office of Strategic Services were declassified.

SHOOTING: The chairman of the Arkansas Democratic Party is dead after a recently fired Target employee mysteriously drove more than 30 miles to Little Rock and shot him.

LANIER: Georgia officials asked SCOTUS this morning to overturn a February appeals-court ruling requiring congressional approval for the state to take more water from Lake Lanier to quench Atlanta’s growing thirst.

STREETCAR NAMED DESIRE: The NYT reports on the resurgent popularity of streetcars in at least 40 U.S. downtowns such as Cincinnati, New Orleans, Houston and Charlotte. Not mentioned: Atlanta’s distant visions for the Beltline and Peachtree Street streetcar.

SACS: The accrediting agency is in Clayton County today, part of its review to determine whether the school system will be the first since 1969 to have its accreditation revoked.

SCRATCH PAPER: Cox Newspapers is selling all but three of its newspapers.

RESCUE 911: The recent death of a Johns Creek woman highlights problems in the Fulton County emergency services, as the 911 operator who sent emergency crews 30 miles in the wrong direction had a long history of such routing mistakes. She also repeatedly was disciplined for sleeping on the job, chronic tardiness and fighting with co-workers, and records show her behavior wasn’t uncommon in the department.

Bookmark It

MICHAEL PHELPS: The U.S. swimmer becomes the winningest Olympian ever with his 11th career gold medal.

RUSSIAN INTO WAR: Georgia’s government continues to accuse Russia of attacking the city of Gori despite the cease-fire, and even of moving toward the capital of Tbilisi, although confirmation is difficult.

DRINKING PROBLEM: A judge will decide whether metro Atlantans ever had the right to use Lake Lanier for drinking water.

JOSH SMITH: Interviewed on the Sporting Blog by Bethlehem Shoals following his re-signing with the Hawks.

SILVER BULLET: Transportation officials are discussing the possibility of building a 310-mph, mag-lev bullet train connecting Nashville, Chattanooga and Atlanta.

LAVONIA: Police are accusing a man of