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Friday, September 26,2008
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JON good morning
American Express
he final destination for most souls waiting for an affirmative resolution to the bumpy ride that is life is sometimes referred to as “the light at the end of the tunnel.” A select few develop tunnel vision along the way and do not notice the transition between darkness and illumination; they keep their hand on the throttle.
On and off the football field, running back Ernie Davis, alias the Elmira Express, was like the headlight on a northbound train, shining through blitzing defenses and, as an African-American, the hard rain of the American civil rights movement. During his enrollment at Syracuse University, Davis, who wore the vaunted No. 44, led the football team to its first national championship in 1959; in 1961, he was the first African-American to win the Heisman Trophy in college football; two years later, he died of leukemia at age 23. On Friday, Sept. 12, 2008, the stars were aligned like rails on a cosmic track, and the light of the Elmira Express shined on Syracuse one more time
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Elections 2008
Obama seeks greater rein on financial institutions
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AP - President Barack Obama says he wants Congress to pass legislation giving the government greater regulatory authority over financial institutions like American International Group.
Sources: Pentagon to stop forced tour extension
(AP)
AP - The Army will substantially reduce use of the unpopular practice of holding troops beyond their enlistment dates and will pay $500 to those still forced to stay in the service, defense and congressional officials said Wednesday.
AIG head shares US anger of bonuses but backs them
(AP)
AP - The chief executive officer of failed insurance conglomerate AIG acknowledged Wednesday that the company's multimillion-dollar bonuses were "distasteful" to many and had provoked a firestorm of wrath. "I share that anger," Edward Liddy, chairman and CEO of the American International Group Inc., said in testimony prepared for Congress.
Analysis: White House, Dems backpedaling on AIG
(AP)
AP - For the first time since last fall's election, Democrats and the Obama administration are backpedaling furiously on an issue easily understood by financially strapped taxpayers: $165 million in bonuses paid out at bailed-out AIG.
Pence: Return AIG donations
(Politico)
Politico - House Republican Conference Chairman Mike Pence is urging politicians from both parties to strongly consider returning campaign contributions from AIG.
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AIG head shares US anger of bonuses but backs them
(AP)
AP - The chief executive officer of failed insurance conglomerate AIG acknowledged Wednesday that the company's multimillion-dollar bonuses were "distasteful" to many and had provoked a firestorm of wrath. "I share that anger," Edward Liddy, chairman and CEO of the American International Group Inc., said in testimony prepared for Congress.
Obama seeks greater rein on financial institutions
(AP)
AP - President Barack Obama says he wants Congress to pass legislation giving the government greater regulatory authority over financial institutions like American International Group.
Consumer prices rise by largest amount in 7 months
(AP)
AP - Consumer prices rose in February by the largest amount in seven months as gasoline prices surged again and clothing costs jumped the most in nearly two decades.
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