Too Late to Say You’re Sorry
When apologies are thin solace.
New York Times
Gates Apologizes for Afghan Deaths: With all the hoopla on Wall Street, this story got little play.
CNN
McCain, Obama: Fighting for Middle-Class Voters: Don’t promise what you won’t deliver, just to get votes. We won’t forget.
BBC
Bitter Taste Over China Baby Milk: Got regulators?
Minnesota Post
St. Paul dropping all misdemeanor charges for journalists arrested during RNC: So, the whole point of the arrests really was intimidation?
Time
McCain and the Lying Game: Not that anyone disagrees, but Joe Klein (author) always does know which way the wind blows.
Breaking the Buck
What’s a hard-working taxpayer, who’s saving for retirement during a time of few safety nets, supposed to do with a shrinking nest egg?
New York Times
Money Market Funds Enter a World of Risk: The unthinkable could happen, when one of our ’safest’ investment products “breaks the buck.”
Reuters
China paper urges a new currency order after “tsunami”: Beijing newspaper urging their government to reduce financial dependency on US. They cite our lack of “oversight and supervision.” China buys most of our Treasury bonds. How about some regulation with our morning coffee?
NPR
Could Wall Street Woes Set Off a Global Crisis?: Michael Greenberger explains (podcast) to all us what just occurred on Wall Street. It’s not pretty. He says it’s 50/50 that the AIG bailout will work. You need to hear this.
Bloomberg
Savings bonds face ill wind from Treasury: Jane Bryant Quinn questions why the Treasury no longer encourages purchasing government savings bonds? What, the government no longer needs our money?
