Presidential Candidates To Meet With Bush
With hopes of boosting support for an increasingly controversial
$700 billion Wall Street bailout, President Bush hit the prime time
airwaves last night with the warning: “Our entire economy is in
danger.” This afternoon he'll meet with the presidential candidates to
mull over the proposed bailout package, but many on Capitol Hill are
skeptical that the meeting will accomplish much.
The $700 Billion Question: What's It Worth?
While the Treasury Department pushes a plan to spend up
to $700 billion worth of taxpayer money on troubled investments,
there's still no clear figure on how much the assets are actually
worth. Not even Wall Street has been able to put a price tag on them.
Some say that the unanswered question heightens the investment risk for
taxpayers.
Out To Save The Economy Or His Campaign?
If McCain hoped to come off looking as if he is "rising against
politics" by announcing that he'll suspend his presidential
campaign and attempt to wiggle out of Friday night's debate, it
doesn't appear to be working. Instead, the GOP candidate is drawing criticism for the "somewhat desperate" attempt to shake up the race just as his poll numbers hit the skids.
Daley To Meeks: Back Off Wrigley Protest
State Sen. James Meeks says he'll take the debate over school funding -- along
with 6,000 demonstrators -- to Wrigley Field during the Cubs' opening playoff
game even after Mayor Richard Daley asked him to back off. "We’ve waited
100 years to have [school] funding reform. I’m surprised that the mayor
. . . would put more emphasis on a game than on peoples’ lives. These
kids are being miseducated. They’re killing each other. A game is not
more important than the future of public school children," Meeks said.
Blagojevich Indictment In The Works?
A source told CBS2 yesterday that a team of federal agents believe they have the evidence they need to indict
Gov. Rod Blagojevich on fraud and conspiracy charges. It's up to
U.S. Attorney Patrick Fitzgerald and the Justice Department in
Washington to act on the information. Meanwhile, others have reported that an indictment is not imminent.
State Out To Recoup $1 Million 'Accidental' Grant
The state is attempting to recover $1 million that was given to a
private school with ties to the governor's office in a "bureaucratic
mistake" last year. Within 30 days, the state wants the money
wrongly returned. The school, which was
supposed to use the money to relocate
after a 2006 fire at the historic Pilgrim Baptist Church, remains closed.
Image used under a Creative Commons license by Flickr user Atelier Teee.
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