November 2008 Archives
8:27 PM Wed, Nov 26, 2008 | Permalink
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It may never have to shell out every cent of it, but the U-S has now pledged a staggering $7-trillion dollars to stop the financial meltdown. That's equivalent to $24,000 for every man, woman and child in America.
The Associated Press estimates the figure at $7-trillion and Bloomberg estimates the figure at $7.7-trillion.
The total committment dwarfs the original plan by the Treasury Department to shore things up with a $700-bi...
8:33 PM Mon, Nov 24, 2008 | Permalink
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Due to the generosity in our community, everyone in Spokane should be able to have a wonderful Thanksgiving dinner.
Last Friday and Saturday KREM TV conducted its 9th annual Tom's Turkey Drive. It was an incredible success with more than over 9,200 complete turkey dinners donated and $88,000 raised for the Second Harvest Food Bank.
Thank you!
During one of the most serious economic downturns in modern history it is j...
8:59 PM Thu, Nov 20, 2008 | Permalink
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The federal government is throwing money at the financial crisis so quickly many taxpayers might have lost count. Let's bring you up to date.
Forget the so-called $750-billion dollar bail out. We have gone well beyond that figure.
There is actual spending, along with guarantees, loans, swaps and other complicated measures taken by the Federal Reserve and the Treasury over the past year. Remember the AIG bailout and others? Acco...
10:45 PM Tue, Nov 11, 2008 | Permalink
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Under normal circumstances there's a need for the traditional holiday meal for those who can't afford it. The local community has always responded to that need, but circumstances have changed.
Wage freezes, cutbacks in spending and a tragic economy spawning layoffs is pushing the need even higher and donations ever lower. It's a double whammy! Just at the time when the need is the most many can't afford to help.
So I'm writing ...
8:15 AM Tue, Nov 04, 2008 | Permalink
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While the pundits have weighed in on the recently concluded presidential election, it's at least time for one last parting shot on campaign '08 from a meteorologist.
We get blamed for a lot of things - trust me, I know. However, we can't be held responsible for the outcome of last week's election ... or could we?
A study completed by a group of political scientists in 2007 suggested that the weather has the ability to play a fa...
