Its just like the SouthPark episode, pretty much scripted and dead on (per se). From Goth vs. Vampire comparisons, to alarmist and uninformed masses. This is America’s “news” room.
and just for comparison, the South Park Episode The Ungroundable aired 11/19/08.
WASHINGTON (AP) — President Bush expressed regret Monday that the global financial crisis has cost jobs and shrinking retirement accounts and said he will support more government intervention if needed to ease the recession.
"I’m sorry it’s happening, of course," Bush said in a wide-ranging interview with ABC’s World News, which was airing Monday. "Obviously I don’t like the idea of people losing jobs, or being worried about their 401(k)s. On the other hand, the American people got to know that we will safeguard the system. I mean, we’re in. And if we need to be in more, we will."
The retirement account known as 401(k) is a government-approved system that allows workers to save before-tax dollars in stock or other accounts, with tax to be paid only after retirement when the retiree can expect his income to be smaller and thus be taxed at a lower rate under the U.S. progressive income tax system.
The U.S. economy fell into a recession in December 2007, the National Bureau of Economic Research reported on Monday. Many economists believe the current downturn will last until the middle of 2009 and will be the most severe slump since the 1981-82 recession.
Bush said he felt responsible for the economic downturn because it is occurring on his watch, but he added: "I think when the history of this period is written, people will realize a lot of the decisions that were made on Wall Street took place over a decade or so" before he became president. Via USA TODAY.
On Nov 30th, the fastest production electric vehicles in the U.S. went head-to-head. While their first meeting had a number of issues, most notably the underfilled Tango battery pack, and the Tesla’s non-upgraded drivetrain, the 1/4 mile time is quite close and indicative of races to come.
In this race, the Tango got 92.15mph in 14.480 seconds, beating its 14.7 "dial" handicap and thus losing the competition; the Tesla got 101.23mph in 14.666 seconds, slower than its 14.5 "dial" handicap and allowing it to proceed to the next round. (Two rounds later, the Tango’s driver got behind the wheel of the Tesla and also beat its "dial" handicap… and thus lost!)
With redundancies rising and job vacancies shrinking, unemployment is back in the headlines. But for millions it never went away. As part of a series on Britain’s jobless, one family explains how and why lack of work has touched their lives.
Elizabeth Malcolm, 43, has never had a job. She lives in a two-bedroom council flat in Glasgow with her three children, one grandchild, two cats and a hamster.
Neither of her two working-age children has a job.
The family is what the statistics gatherers call a "workless household" - one of three million in the country. In reality it’s not quite so easy to put every jobless person into a neat little box. This is their story.
Elizabeth, known as "Biff" to family and friends, wishes now that she had got into work or college back in 1980, when she left school at 15.
It was hardly a great time to be a jobseeker, especially living in Easterhouse, a part of Glasgow long synonymous with deprivation and unemployment. But she concedes that she doesn’t really know why she didn’t get a job, and that there was an element of just "not getting round" to it.
She doesn’t think school wanted her to stay on because she "wasn’t too bright" and used to bunk off a lot.
Without any qualifications she assumed she wasn’t able to follow her chosen path and join the Army. She never actually made it to the recruitment office to ask. Via BBCNews.
Just weeks before the 2008 LA Auto Show, hybrid car and powertrain maker AFS Trinity is pulling out after saying that show management “muzzled” them by disallowing claims that their highly modified Saturn Vue plug-in hybrids can achieve 150 mpg.
In a statement, AFS Trinity said that “carmakers continue to seek tens of billions of taxpayer dollars, ostensibly to develop fuel-efficient vehicle technologies, but their conduct is evidence they are reluctant to embrace solutions they didn’t invent.”
EPA has been struggling with how to rate the fuel economy of plug-in hybrids — the most recent being a spat between EPA and GM about how to rate the upcoming Chevy Volt. So, for the LA Auto Show management to claim that AFS Trinity is not using approved EPA methods to estimate fuel economy, they’re kind of off base, because even the EPA doesn’t really know how to rate fuel economy with some of the new alternative powered vehicles. more at Gas2.0
Syndicate
Just weeks before the 2008 
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