Welcome to NEWS.com.au Business. Skip to: Search Box Section Navigation Network Navigation Content View the Sitemap
news.com.au Network
news.com.au
FOX SPORTS
Newspapers
CareerOne
carsguide
TrueLocal
Real Estate
eBay
business - Home
* News
o Breaking News
o National
o World
o In-depth Features
o The Other Side
o Weather
o Interactives
o Galleries
o Games
o Tools
o Archives
* Business
* Money
o Banking
o Property
o Money Matters
o Superannuation
o Investing
o Guides & Tools
o Blogs
o Interest Rates
* Entertainment
o Celebrity
o Movies
o TV
o Music
o Fashion & Beauty
o Horoscopes
o body+soul
o Puzzles
o Multimedia
o Blog
* Travel
o Travel News
o Australia
o World Destinations
o Holiday Ideas
o Activities
o Travel Advice
o Multimedia
* Technology
o Mobile Phones
o iPhone
o Computers
o Digital Cameras
o Home Entertainment
o Gaming
o Reviews
o Blogs
o IT Jobs
* Opinions
o Readers' Comments
o Daily Cartoons
o Most Popular
* Blogs
* Video
* Mobile
o Mobile/PDA
o Games, Tones & Wallpapers
o CARSguide.mobi
o 3
o Optus
o Vodafone
o iPhone
* AUSTRALIAN IT
* FOX SPORTS
o Beijing Olympics
* CLASSIFIEDS
o Carsguide
o CareerOne
o Real Estate
o TrueLocal
o GetPrice Shopping
o Dating
o Other Classifieds
o Place a classified newspaper ad
* NEWS NETWORK
o NEWS.com.au
o The Australian
o The Daily Telegraph
o The Courier-Mail
o Herald Sun
o AdelaideNow
o PerthNow
o The Mercury
o NT News
o Community Papers
* Breaking News
* Markets
* Money Matters
* Business Owner
* Business Sense
* Archive
Business
Search for:
News
News
Doubts grow over US bank rescue plan
By Rob Lever
Agence France-Presse
September 23, 2008 07:39am
* Text size
o +
o -
* Print
* Email
* Share
o Add to MySpace
o Add to Digg
o Add to del.icio.us
o Add to Fark
o Post to Facebook
o Add to Kwoff
o What are these?
A PROPOSED $US700 billion ($830 billion) bailout for the banking industry leaves many questions unanswered, but has prompted fears about giving the US government unprecedented power to intervene in the economy, analysts said Monday.
The plan would allow the US Treasury to sell new debt to purchase the vast amounts of mortgage securities and other "toxic'' assets that have caused a freezeup of the financial system.
Markets welcomed the announcement of the plan last week, but analysts say the sobering reality may make it highly complex to implement. Some critics say it gives unparalleled authority to the government in the finance system.
The plan is "three pages long'' and "asks for a staggering sum of money with wide-ranging powers to buy the broadest amount of mortgage-related securities with a minimal of oversight,'' said Andrew Busch at BMO Capital Markets.
"This is a huge leap of faith and I suspect that leaders of Congress and the presidential candidates will urge caution or act cautiously.''
One key question is how the government will value the dodgy mortgage-backed paper that the banking system refuses to buy.
"The Treasury did not provide much detail on how the assets will be priced, other than through market mechanisms where possible,'' said economist Brian Bethune at Global Insight.
NOTE: RECENT REPORT ON AIG HAS CAUSED MAJOR EFFECTS.
"We expect discounts on asset transactions will be anywhere from 20 per cent to 80 per cent, depending on the quality of the assets or the asset package involved.''
Some analysts point out that if the Treasury pays fair value -- Merrill Lynch, for example, sold some of its distressed securities for 22 cents on the dollar -- it could create fresh losses for banks and lead to more failures.
Mark Zandi at Economy.com said the idea was positive but may be hard to implement.
"In practice, a reverse auction for mortgage assets may be tricky to pull off,'' he said. "Auctioning mortgage-backed securities could prove especially problematic, since each security is so idiosyncratic.''
Beyond the technical questions, the plan dubbed by some as "the mother of all bailouts'' has raised hackles among some who fear it gives too much power to the government in the financial markets, especially with a clause providing immunity from lawsuits.
Robert Brusca at FAO Economics said the bailout plan "really isn't a plan and may not bail anything out ... The crux of it seems to be to dump the losses on taxpayers.'
"It gives the Treasury imperial power with respect to a simply huge amount of funds,'' said Yves Smith, a financial analyst with the website Naked Capitalism. "This is a financial coup d'etat, with the only limitation the 700-billion-dollar balance sheet figure.''
Some lawmakers also were sceptical about the carte blanche authority the proposal would give the government.
Texas Republican Representative Jeb Hensarling said lawmakers should carefully study options before approving the plan.
"Congress is being asked to support an uncertain entity, costing an uncertain amount of dollars, for an uncertain duration,'' he said.
"My fear is that taxpayers will be left with the mother of all debts, the federal government becomes the lender and guarantor of last resort, and our nation finds itself on the slippery slope to socialism.''
Despite the protests, many expect the plan to be approved to help stave off a further meltdown of the financial system with dire economic consequences.
"We were on the edge of the abyss last week,'' said Ed Yardeni at Yardeni Research.
"The question is whether so much government intervention will avert the most dreaded consequences of Wall Street's excesses, namely a financial meltdown and an economic depression .... The answer, I think is that it will work, and that the economy should grow next year.''
Economist Scott Anderson at Wells Fargo said the plan is needed even if it was imperfect.
"An economist's instincts are never in favor of a solution that puts taxpayer money and the US Treasury's finances at risk to correct the mistakes of a profit-driven industry,'' he said.
"Nevertheless, we are left with the realization today that this is a Great Depression-style financial crisis that requires a Great Depression-style solution.
"Indeed, the US government alone is the only institution uniquely equipped to deal with a problem of this magnitude. It is precisely for moments like this we have a government. Failure to act would be a failure of leadership.''
* Email
* Print
* Share:
o Add to MySpace
o Add to Digg
o Add to del.icio.us
o Add to Fark
o Post to Facebook
o Add to Kwoff
o What are these?
* Send us your news
Advertisement
Stock Quotes
Search ASX code or name
ASX Company A - Z
Most Popular
1. Business
2. News
1. Shares slump as Wall St slides
2. Wall St plunges on rescue doubts
3. Anger over short selling ban
4. How the market meltdown affects you
5. Lehman sells Australian, Asian assets
6. More gloom at Babcock & Brown
7. Dollar up on US debt plan fears
8. Global financial crisis spooks homebuyers
9. Media fined for boy 'divorce' story
10. Tenants just need tender loving care
1. Mud rains on outback as red dust storms hit
2. Britney's sister in porn storm
3. Fight over women threatens men's club
4. Costello defends his 'low-paying' bank job
5. Fashion main event at Brownlow
6. Shares slump as Wall St slides
7. Kiwis carve up washed up mystery lump
8. Finally a suit to be worn in the shower
9. Monster pig holds woman hostage in home
10. Roberta chased by ATO over tax returns
Download Adobe Flash Player
Market Charts
at 02:24PM
AUS/ASIA USA European AUD/USD Oil
Switch to Chart: Points Change Percent
ASX200 4918.1 -102.0 -2.03%
ASX200 daily chart
All Ords 4955 -95 -1.88%
All Ords daily chart
Nikkei 12090.59 +169.73 +1.42%
Nikkei daily chart
Hang Seng 19632.2 +304.47 +1.58%
Hang Seng daily chart
Switch to Chart: Points Change Percent
DJIA 11015.69 -372.75 -3.27%
DJIA daily chart
S&P 500 1207.09 -47.99 -3.82%
S&P 500 daily chart
NASDAQ 1665.94 -79.12 -4.53%
NASDAQ daily chart
S&P 100 557.51 -20.4 -3.53%
S&P 100 daily chart
Switch to Chart: Points Change Percent
FTSE 5236.26 -75.04 -1.41%
FTSE daily chart
DAX 30 6107.75 -81.78 -1.32%
DAX 30 daily chart
CAC 40 4223.51 -101.36 -2.34%
CAC 40 daily chart
Euro Top100 2380.39 -51.49 -2.12%
Euro Top100 daily chart
Switch to Chart: Points Change Percent
AUD/USD 0.8376 -0.0058 -0.69%
AUD/USD daily chart
Switch to Chart: Points Change Percent
Oil 120.92 +16.37 +15.66%
Oil daily chart
More Markets
ASX200 - Top Gainers & Losers
at 01:53PM
Code Name Price Percent
SGX Sino Gold 5.23 +11.27%
IGO Independence Group NL 3.00 +10.29%
SBM St Barbara 0.35 +7.57%
SGP Stockland 5.69 -10.12%
GPT GPT Group 1.89 -8.72%
HFA HFA Holdings 0.67 -8.28%
More Gainers & Losers
Currency Converter
Currency Value
AUD/USD 0.8384
AUD/EUR 0.5672
AUD/GBP 0.4547
AUD/JPY 88.98
1. Convert:
2. From:
3. To:
4.
Sponsored Links
The Australian News Bites Bite sized news all in one place brought to you by the new Holden Caprice
Guide to search marketing 10 steps to promoting your business online through SEM
WIN! HP $20K printing upgrade
SUBSCRIBE: ADOBE Fr$129/mth.Incl Photoshop,InDesign,Acrobat+more
Click here to find out more!
Feedback
Drop us a line at business@news.com.au
Ads By Google
*
Financial Executive?
Network with C-level Management and Share Your Expertise!
www.MeetTheBoss.com/Banking
*
Why Your Stomach is Fat
Stop making these 5 mistakes & you will finally lose your ugly belly.
www.StomachFatIsUgly.net
*
Business in Iraq
Detailed Company Database & News Reliable, Timely and Accurate
www.zawya.com
More news
business
Crude oil trades down
CRUDE oil traded lower in Asia today after the benchmark New York futures contract soared more than 16 dollars for its biggest one-day gain ever.
* Just Group profit down 23pc
* Woolworths confident on earnings
* Media fined for boy 'divorce' story
* US lawmakers discuss bailout
More business breaking news
business
Just Group profit down 23pc
Solomon Lew's investment vehicle Premier Investments says the retail environment in Australia and New Zealand will continue to be difficult in fiscal 2009, and may weigh on the performance of the newly-acquired Just Group.
* Woolworths confident on earnings
* Nomura acquires Lehman Australia
* Lehman sells Australian, Asian assets
* Mitsubishi buys stake in Morgan Stanley
More business news
Inside
Latest
Shares slump as Wall St slides
Shares slump as Wall St slides
SHARES have tanked on the back of heavy losses on Wall St and the biggest ever spike in the price of oil.
* Google launches fuel price tracking gadget
* Police raid journo's home after spy story
More latest news
Business
ASIC allows some short selling
ASIC allows some short selling
ASIC says some some short selling will be allowed on the local share market under new orders effective from today.
* Nomura acquires Lehman Australia
* Just Group profit down 23pc
More business
Money
How the market meltdown affects you
How the market meltdown affects you
LAST week's global financial meltdown wiped trillions of dollars from world markets. Find out how you're affected here.
* Tenants just need tender loving care
* Investors keeping the faith
More money
Entertainment
Britney's sister in porn storm
Britney's sister in porn storm
A PICTURE of 17-year-old Jamie Lynn Spears breastfeeding her baby has sparked a police pornography investigation.
* Will you be our next top model?
* Metallica prove they're still No.1
More entertainment
Travel
Cheap tricks for a great trip
Cheap tricks for a great trip
SUPERANNUATION and savings taken a hit this month? Donna Coutts shares some money secrets to help you still afford that holiday.
* Qantas engineer's false safety checks
* Passenger jet slams into brick wall
More travel
Technology
SanDisk to introduce music on micro-cards
SanDisk to introduce music on micro-cards
SANDISK plans to challenge the compact disc industry by selling music on "micro-cards" that fit into mobile phones and MP3 players.
* Investigation into atom-smasher under way
* Pakistan blocks 'blasphemous' YouTube
More technology
Get More from NEWS.com.au
* News on your mobile
* RSS feeds
* Newsletters
* Send your news stories
* Send your news photos
* Help|
* Contact Us|
* Advertise with Us|
* Job Opportunities|
* Terms & Conditions|
* Privacy Policy|
* Accessibility|
* Sitemap|
* News Headlines from Our Partners
Copyright 2008 News Limited. All times AEDT (GMT +11).
Thursday, September 25, 2008
Wednesday, September 24, 2008
A SIGN OF THE ECONOMIC TIMES
Bookmark & Share © Add This
Favorites Del.icio.us
Digg Google
MySpace Facebook
Reddit Live
Furl Yahoo MyWeb
StumbleUpon More...
48°Clear North @ 0mph
* Fosters.com
* Citizen.com
* Foster's Daily Democrat
* The Citizen of Laconia
* Rochester Times
* Sanford News
jobshomesautos
* Towns
o Lakes
o Laconia Region
o Newfound Region
o Belmont Region
o Inter-Lakes Region
o Northern Lakes Region
o Plymouth Region
o Tilton Region
o Seacoast
o Dover Region
o Rochester Region
o Portsmouth & Southern Maine Region
o Sanford Region
o All Regions
* News
o Newspaper
o The Citizen of Laconia
o Foster's Daily Democrat
o Rochester Times
o Sanford News
o Subject
o History
o In Case You Missed It
o Lottery
o Nation/World
o Oddly Enough
o Politics
o Weather
o New Hampshire
o Maine
o Massachusetts
o Columnists
o Most Viewed
o All Regional News
* Obits
* Community
o Honor Rolls
o Our Yesterdays
o Weddings/Anniversaries
o Births
o Obituaries
o Police Logs
o Churches
o Columnists
o Most Viewed
o All Community
* Opinion
o Submit Letter to the Editor
o All Opinion
* Sports
o Olympic Games
o Youth Sports
o Local Leagues
o High School
o UNH/College
o Plymouth State
o Bruins/NHL
o Celtics/NBA
o Red Sox/MLB
o Golf Guide
o Columnists
o Most Viewed
o All Sports
* Business
* Entertainment
o Showcase
o Movies
o TV
o Event Calendar
o Music
o Most Viewed
o All Entertainment
* Lifestyles
o Home & Garden
o Science and Technology
o Pets
o Family
o Food
o Books
o Travel
o Tourism
o Health
o Columnists
o Most Viewed
o All Lifestyles
* MultiMedia
o Prints for Sale
o Slide Shows
o AP Video
* Site Tools
o Advertise
o Contact
o Email Headlines
o Home Delivery
o News Feeds
o Place a Classified Ad
o Prints for Sale
o Site Map
o Submit Calendar Event
o Text Alerts
o Toolbar
o Site Search
* Classifieds
o Jobs
o Autos
o Real Estate
o Marketplace/Stuff
o Place a Classified Ad
o Dining
o All Marketplaces
SITE SEARCH
calendar listingsmusicartliterary eventsstagefoodview complete calendar
print this Print email this Email
small textmedium textlarge text
A sign of the economic times
Reverse mortgages available to help area seniors
By JOHN KOZIOL
jkoziol@citizen.com
Article Date: Monday, September 22, 2008
Picture
DARYL CARLSON/CITIZEN PHOTO RUSSELL BUKER was on hand to discuss reverse mortgages with interested participants during a seminar in Laconia last week. Similar programs were held earlier this month in Plymouth.
If you're 62 or older and want or need some extra money, then a reverse mortgage might be for you.
That's the message Russell Buker is trying to spread throughout the Lakes Region to seniors who are feeling the pinch of the current economic slowdown, or who just want to improve their lifestyles.
"Anybody can get a reverse mortgage loan as long as they own their house," Buker said recently during a reverse mortgage seminar at the Belknap Mill, and the proceeds can be used for "anything you want," including a second home.
NOTE: REVERSE MORTGAGE IS COMMONLY PRACTICED BY THE ELDERLY.
Proceeds from reverse mortgages can be paid in a lump sum, monthly, as a credit line or a combination of the three. Repayment of the reverse mortgage is due when the applicant no longer uses the mortgaged property as their primary domicile, when, as Buker noted, "You permanently leave your house," due to relocation to a nursing home, to another residence or death.
Reverse mortgages have been around for about 10 years, said Buker, but have become prominent in the last 3-4 years. He added, however, that they remain misunderstood and some people fear them because they sound "too good to be true."
"A lot of seniors are literally in debt," he said, and a reverse mortgage could be a good way out for them.
In response to the "negativism" surrounding reverse mortgages, Buker holds occasional seminars on the subject and he hands out a pamphlet that corrects eight of the "myths" behind reverse mortgages.
Among the myths the pamphlet addresses are that "you sell your house to the bank" when the reality is that "you always keep title of your house and have complete control over it."
Also, you cannot be forced from your home, nor do you have to be debt-free to qualify for a reverse mortgage. Homeowners can get a reverse mortgage but must first pay off any current mortgages or debts.
There are no income qualifications to obtain a reverse mortgage, which is based on the applicant's age, value of their home, amount of equity in the home and current interest rates.
Money received under a reverse mortgage is considered a loan, not income, meaning that an applicant's Medicare and Social Security benefits will not be affected.
Heirs to a property that has a reverse mortgage on it can repay the loan when it becomes due or sell the property and use the money to repay the reverse mortgage.
Also, there are no monthly payments and reverse mortgages can be obtained for condominiums, multi-family dwellings as well as manufactured housing.
Reader Services
Text Alerts Advertise Email Headlines Buy Photos Tool Bar Home Delivery
HOT TOPICS
Most Viewed Community
1. Laconia District Court
2. Laconia police log
3. State Police log Troop E
4. Mary Moreau: Dress up or dress down
5. Laconia police log
Notable Passings
Earl Palmer - Drummer
Henry Steinway - Great-Grandson of Piano-Making Co. Founder
View All Local Obituaries
Today's Featured Properties
Oddly Enough
Woman named Bacon wins Idaho hog-calling title
Pirate ship tree house dismantled in Vancouver
Owner of defunct Pa. diner offers it for free
Today's Featured Jobs
Avis Goodwin Community Health - Multiple Openings
Easter Seals - Nurse Case Manager
North Country Auctions
North Country Auctions
Northeast Healthcare - Registered Nurses
Vyn-All Pool Products - Production Positions
Wentworth Douglass - Multiple Openings
Wentworth Douglass - Multiple Openings
ADS BY GOOGLE
Copyright © 2008 Geo. J. Foster Company. Site Design: Harbour Light Strategic Marketing.
Internet Services: BayRing Communications.
Favorites Del.icio.us
Digg Google
MySpace Facebook
Reddit Live
Furl Yahoo MyWeb
StumbleUpon More...
48°Clear North @ 0mph
* Fosters.com
* Citizen.com
* Foster's Daily Democrat
* The Citizen of Laconia
* Rochester Times
* Sanford News
jobshomesautos
* Towns
o Lakes
o Laconia Region
o Newfound Region
o Belmont Region
o Inter-Lakes Region
o Northern Lakes Region
o Plymouth Region
o Tilton Region
o Seacoast
o Dover Region
o Rochester Region
o Portsmouth & Southern Maine Region
o Sanford Region
o All Regions
* News
o Newspaper
o The Citizen of Laconia
o Foster's Daily Democrat
o Rochester Times
o Sanford News
o Subject
o History
o In Case You Missed It
o Lottery
o Nation/World
o Oddly Enough
o Politics
o Weather
o New Hampshire
o Maine
o Massachusetts
o Columnists
o Most Viewed
o All Regional News
* Obits
* Community
o Honor Rolls
o Our Yesterdays
o Weddings/Anniversaries
o Births
o Obituaries
o Police Logs
o Churches
o Columnists
o Most Viewed
o All Community
* Opinion
o Submit Letter to the Editor
o All Opinion
* Sports
o Olympic Games
o Youth Sports
o Local Leagues
o High School
o UNH/College
o Plymouth State
o Bruins/NHL
o Celtics/NBA
o Red Sox/MLB
o Golf Guide
o Columnists
o Most Viewed
o All Sports
* Business
* Entertainment
o Showcase
o Movies
o TV
o Event Calendar
o Music
o Most Viewed
o All Entertainment
* Lifestyles
o Home & Garden
o Science and Technology
o Pets
o Family
o Food
o Books
o Travel
o Tourism
o Health
o Columnists
o Most Viewed
o All Lifestyles
* MultiMedia
o Prints for Sale
o Slide Shows
o AP Video
* Site Tools
o Advertise
o Contact
o Email Headlines
o Home Delivery
o News Feeds
o Place a Classified Ad
o Prints for Sale
o Site Map
o Submit Calendar Event
o Text Alerts
o Toolbar
o Site Search
* Classifieds
o Jobs
o Autos
o Real Estate
o Marketplace/Stuff
o Place a Classified Ad
o Dining
o All Marketplaces
SITE SEARCH
calendar listingsmusicartliterary eventsstagefoodview complete calendar
print this Print email this Email
small textmedium textlarge text
A sign of the economic times
Reverse mortgages available to help area seniors
By JOHN KOZIOL
jkoziol@citizen.com
Article Date: Monday, September 22, 2008
Picture
DARYL CARLSON/CITIZEN PHOTO RUSSELL BUKER was on hand to discuss reverse mortgages with interested participants during a seminar in Laconia last week. Similar programs were held earlier this month in Plymouth.
If you're 62 or older and want or need some extra money, then a reverse mortgage might be for you.
That's the message Russell Buker is trying to spread throughout the Lakes Region to seniors who are feeling the pinch of the current economic slowdown, or who just want to improve their lifestyles.
"Anybody can get a reverse mortgage loan as long as they own their house," Buker said recently during a reverse mortgage seminar at the Belknap Mill, and the proceeds can be used for "anything you want," including a second home.
NOTE: REVERSE MORTGAGE IS COMMONLY PRACTICED BY THE ELDERLY.
Proceeds from reverse mortgages can be paid in a lump sum, monthly, as a credit line or a combination of the three. Repayment of the reverse mortgage is due when the applicant no longer uses the mortgaged property as their primary domicile, when, as Buker noted, "You permanently leave your house," due to relocation to a nursing home, to another residence or death.
Reverse mortgages have been around for about 10 years, said Buker, but have become prominent in the last 3-4 years. He added, however, that they remain misunderstood and some people fear them because they sound "too good to be true."
"A lot of seniors are literally in debt," he said, and a reverse mortgage could be a good way out for them.
In response to the "negativism" surrounding reverse mortgages, Buker holds occasional seminars on the subject and he hands out a pamphlet that corrects eight of the "myths" behind reverse mortgages.
Among the myths the pamphlet addresses are that "you sell your house to the bank" when the reality is that "you always keep title of your house and have complete control over it."
Also, you cannot be forced from your home, nor do you have to be debt-free to qualify for a reverse mortgage. Homeowners can get a reverse mortgage but must first pay off any current mortgages or debts.
There are no income qualifications to obtain a reverse mortgage, which is based on the applicant's age, value of their home, amount of equity in the home and current interest rates.
Money received under a reverse mortgage is considered a loan, not income, meaning that an applicant's Medicare and Social Security benefits will not be affected.
Heirs to a property that has a reverse mortgage on it can repay the loan when it becomes due or sell the property and use the money to repay the reverse mortgage.
Also, there are no monthly payments and reverse mortgages can be obtained for condominiums, multi-family dwellings as well as manufactured housing.
Reader Services
Text Alerts Advertise Email Headlines Buy Photos Tool Bar Home Delivery
HOT TOPICS
Most Viewed Community
1. Laconia District Court
2. Laconia police log
3. State Police log Troop E
4. Mary Moreau: Dress up or dress down
5. Laconia police log
Notable Passings
Earl Palmer - Drummer
Henry Steinway - Great-Grandson of Piano-Making Co. Founder
View All Local Obituaries
Today's Featured Properties
Oddly Enough
Woman named Bacon wins Idaho hog-calling title
Pirate ship tree house dismantled in Vancouver
Owner of defunct Pa. diner offers it for free
Today's Featured Jobs
Avis Goodwin Community Health - Multiple Openings
Easter Seals - Nurse Case Manager
North Country Auctions
North Country Auctions
Northeast Healthcare - Registered Nurses
Vyn-All Pool Products - Production Positions
Wentworth Douglass - Multiple Openings
Wentworth Douglass - Multiple Openings
ADS BY GOOGLE
Copyright © 2008 Geo. J. Foster Company. Site Design: Harbour Light Strategic Marketing.
Internet Services: BayRing Communications.
Tuesday, September 23, 2008
'SPECIAL REPORT' PANEL ON PAULSON, BERNANKE'S HANDLING OF CURRENT FINANCIAL CRISIS
FOX News.com
We Report. You Decide.
SEARCH
UREPORT
Send us your video,
photos and news
On FOX News CHANNEL:
Hannity & Colmes
Political Insight! (12:00am EST)
View Schedule
* Home
* U.S.
* World
* Politics
* Business
* Health
* SciTech
* Entertainment
* Video
* Opinion
* uReport
* Sports
* Weather
* RADIO
* MOBILE
* FOX & Friends
* Live Desk
* Studio B
* Your World
* Special Report
* FOX Report
* O'Reilly Factor
* Hannity & Colmes
* On the Record
* FNC iMag
* FOX Fan
Special Report w/ Brit Hume
* SCHEDULE
* The Grapevine
* Special Report Panel
* Podcasts
* FOX News Mobile
* FOX Fan
* NEWS ARCHIVE
* HOT TOPICS
o FOX News Election Coverage
o Celebrity Gossip
o FOX Movietone News
Send news tip to FOXNews.com
SUBMIT
FOXNEWS.COM HOME > SPECIAL REPORT W/ BRIT HUME
'Special Report' Panel on Paulson, Bernanke's Handling of Current Financial Crisis
Friday, September 19, 2008
* E-Mail
* Print
* Share:
o Digg
o Facebook
o StumbleUpon
o Post to MySpace!
o
o
AP
Sept. 19: Treasury Secretary Henry Paulson briefs reporters about efforts to heal the crisis in the U.S. financial markets at the Treasury Department
This is a rush transcript of "Special Report With Brit Hume" from September 18, 2008. This copy may not be in its final form and may be updated.
(BEGIN VIDEO CLIP)
GEORGE BUSH, PRESIDENT OF THE UNITED STATES OF AMERICA: Financial markets continue to deal with serious challenges. As our recent actions demonstrate, my administration is focused on meeting these challenges.
(END VIDEO CLIP)
BRIT HUME, HOST: And by his administration, he means principally two people, that would be Federal Reserve Chairman Ben Bernanke, appointed by President Bush, and his Treasury Secretary Henry Paulson.
Indeed, Barney Frank, the Chairman of the Financial Services Committee and the House Representative said today about those two guys, quote, "What we have is over the horizon comes the Loner Ranger, that's Bernanke, and his faithful companion Paulson.
They're good guys, but that's not how it should be, that is unilaterally using their powers to help these struggling companies. That is why we're having hearings."
Related
*
Column Archive
o 'Special Report' Panel on Paulson, Bernanke's Handling of Current Financial Crisis
o 'Special Report' Panel on the Candidates' Plan to Regulate the Economic Sector; How Congress Will Address the Energy Sector
o 'Special Report' Panel on How Candidates Plan to Fix Financial Crisis; Sarah Palin Investigation
o 'Special Report' Panel on Wall Street Financial Crisis; Political Battle Waged Through Ads
o 'Special Report' Panel on Sarah Palin's First Big Media Interview
Full-page Interview Archive
Show Info
Airs Weekdays at 6 p.m. ET
o E-mail the Show: special@foxnews.com
o Brit Hume's Bio
o Grapevine Archive
o Interview Archive
o Meet the Panel
Well, the question arises how are the Lone Ranger and his faithful companion Paulson doing?
Questions and some thoughts on this now from Bill Sammon, Fox News Washington Deputy Managing Editor, Jeff Birnbaum, Managing Editor- Digital, of The Washington Times, and FOX News contributor and syndicated columnist Charles Krauthammer, also a FOX News contributor.
Jeff, you have been watching these financial matters for a long time, and you even once worked for The Wall Street Journal and Fortune magazine. So this is your territory. How are Bernanke and Paulson doing?
NOTE: JEFF BIRNBAUM IS A RESPECTED COLUMNIST.
JEFF BIRNBAUM, COLMUNIST, THE WASHINGTON POST: I think they're running as fast as they can to stay ahead of a massive wave, and they're doing fairly well.
I think that, especially if they take another step, which is rumored, and we mentioned earlier in the show that there might be a special agency set up to take the billions of dollars of mortgage securities and other debts that cannot be valued.
That's the whole basis of this crisis. There are all sorts of debt instruments, securities of various kinds that are traded that nobody is willing to buy, because they don't know how much they're worth. Many of them —
HUME: They don't know how bad mortgage — how many bad mortgages may be attached to those packages of loans that they're buying.
BIRNBAUM: It's mortgages and other fancy financial instruments that are derived from mortgages.
HUME: Right.
BIRNBAUM: So no one know how much they are worth, really, or, another way to say it is no one knows how much they're really willing to pay for them because they don't know how much they're worth and how to profit from them.
HUME: So they can't be traded, really.
BIRNBAUM: They cannot be traded and have not been traded. In fact, the core here is that credit markets are completely seized up. The amount of money that normally flows from banks to investors and then to businesses has basically stopped.
That's why the federal government has been pouring tens of billions into the marketplace. They may take this additional step to finally collect some of these unsellable securities and try to sell them themselves.
HUME: But the fact that they're unsellable and unvaluable doesn't mean that they're worthless, does it?
BIRNBAUM: Oh, these are billions of dollars of securities that may be worth $100 billion or $50 billion. They're worth something, but no one knows exactly how much.
BILL SAMMON, FOX NEWS WASHINGTON DEPUTY MANAGING EDITOR: We will just have to wait for the market to come back and properties to start selling to see how much money you can get on the dollar for those properties.
But for the moment, since no one is buying and they are seized up, they are treated almost as worthless assets in some regard.
I think the fact that, as Jeff said, the administration is dumping tens of billions of cash into the credit markets to stimulate the credit markets so that it doesn't seize up answers your question about whether they are being proactive enough in the Bush administration.
As we speak, Paulson and Bernanke are on their way to Capitol Hill to meet with lawmakers of both parties, both houses of congress. President Bush has canceled a number of trips to hunker down.
He has gotten a lot of criticism because he hasn't come out and done a big speech or a big, high-profile press conference.
But you have to remember, this is the kind of crisis — this isn't like the Russian-Georgia crisis where you want to be out in front every day using the bully pulpit. This is the kind of crisis where you don't want to exacerbate it by exposing yourself to a bunch of reporters that are going to turn it into a feeding frenzy, and Bush says some gaffe that further de- stablizes the market.
So I think it is better to be discreet and prudent and carefully measured with your words.
HUME: Do you give them reasonably high marks?
SAMMON: I do.
HUME: What about you, Charles?
NOTE: KRAUTHAMMER IS A WELL KNOWN COLUMNIST.
CHARLES KRAUTHAMMER, SYNDICATED COLUMNIST: On the issue of these instruments, if there's something you can't sell, it may be worth a lot, but its price is zero as of today.
HUME: Right.
KRAUTAHMMER: And that's why all of this stuff is seizing up.
As for the Lone Ranger and Tonto, I think on a day in which the market widely swings up, you don't want to at attack them.
However, a criticism of them could be made that they have been acting without a principle or a rule or a logic. They come in, swoop in, and they save Bear Stearns. They then nationalize Fannie. They then let Lehman dissolve and disappear, saying, "The bank window is closed. We're not going to bail people out." Three days later AIG is nationalized.
Now, I could argue, and the markets will decide if all of this was wise and had to be done, but in a market in which the panic is ensuing because people have uncertainty as, for example, you mentioned on the value of these instruments, you would think that you don't want to add uncertainty.
And I think what Paulson and Bernanke have done has been reasonable. But it does introduce extra uncertainty in a situation in which it is already rampant.
I'm not sure that they had other alternatives, but, in the end, the judge of all this will be the market. If it survives, these guys are geniuses, and they are the David Petraeus of this campaign. Otherwise, they will be the William Caseys.
HUME: All right. What has all this economic uncertainty done to the presidential race? We'll talk about that next.
(COMMERCIAL BREAK)
(BEGIN VIDEO CLIP)
SEN. JOHN MCCAIN, (R) PRESIDENTIAL CANDIDATE: While Senator Obama and congressional leaders don't know what to think about the current crisis, we know what their plans are for the economy.
Today, Senator Obama's running mate said that raising taxes is patriotic.
CROWD: (BOOING)
MCCAIN: Raising taxes in a tough economy isn't patriotic. It's not a badge of honor. It's just plain dumb.
SEN. BARACK OBAMA, (D) PRESIDENTIAL CANDIDATE: With the magnitude of the crisis apparent even to the Bush White House, John McCain wants to reverse himself. He wants to reverse course.
Now, all of a sudden, he has become a populist. Now he's unleashed an angry tirade against all the insiders and lobbyists who happen to have supported him for the last 26 years, the same folks who are running his campaign right now.
(END VIDEO CLIP)
HUME: Well, McCain has come out with some proposals. One of them is to fire the head the Securities and Exchange Commission and one of his former Republican colleagues Chris Cox. The administration rejects that idea.
He has also come out with the idea of basically reconstituting the old resolution trust company which bought out the bad assets in the savings and loan mess some years ago, an idea that other have proposed as well.
He is also, as you heard, attacking Obama for the idea of raising taxes.
Obama, of course, as you heard, attacking him for the same old policies and same old people.
The polls suggest that this crisis has given Obama a distinct bounce. The debate is now unfolding. We have seen McCain, as Obama correctly said, trying to reconstitute himself a bit here. Who is coming out ahead here, Bill?
SAMMON: I think generally speaking bad news on the economy is good news politically for Barack Obama.
HUME: We understand that, that's the bounce. But what about how the two are responding to the crisis itself?
SAMMON: McCain is, as of today, trying to aggressively pivot to an attack on Obama on taxes, because if he can get beyond the discussion of how dire the economic meltdown is and say how will you deal with it, by lowering or raising taxes, you can perhaps position yourself a little bit better than he has been.
And he has been hurt in the last few days by this economic crisis.
HUME: Jeff, your thoughts on what he has proposed in addition to attacking Obama? It is more than Obama has proposed.
BIRNBAUM: Much more, and more on the point, I think. I think McCain stumbled badly for the last couple of days, at one point repeating his line about the fundamentals of the economy being strong. He shouldn't have said it on that day.
HUME: It may be true, but he shouldn't have said.
BIRNBAUM: Exactly. The idea of calling for a commission — not a good idea.
But he has recouped. I think this resolution trust agency idea is one that the administration may, in fact, accept. That is to put all of these securities in one place and try to sell them now that they can't be sold.
HUME: Or to buy them up.
BIRNBAUM: Buy them up-
HUME: Hold them and try to sell them later.
BIRNBAUM: And then try to sell them later.
HUME: But it essentially takes them off the market.
BIRNBAUM: Right. And that idea is what was responsible for the run up in the stock market at the end of today.
I think that McCain finally is getting it right. Attacking Wall Street, coming up with concrete proposals, and saying that a tax increase is the wrong idea against Obama.
It may be a little too late politically, but at least he has a proposal that I think fits the subject, something that Obama yet has not come up with.
HUME: Well, then it might not be too late, or might it, Charles?
And it's a remarkable move for McCain.
KRAUTAHMMER: Yes.
HUME: He's nothing if not trying to be agile.
KRAUTAHMMER: I think the word I would use to describe it is "audacity," and it really is.
But, look, I think what he has said has additionally hurt him. I think it had an effect, and now I think he is regaining his ground.
But I'm not sure that anybody is believing in the proposals of either candidate. They are both now wildly populist on this, and I think ordinary folks have a sense, as I do, that neither of them has the slightest idea what to do.
As Harry Reid has said —
HUME: Harry Reid said he doesn't know what to do, and he said nobody knows what to do.
KRAUTAHMMER: Outside of the Lone Ranger and Tonto, I'm not sure a lot of people do.
I think what is really happening here and the reason Obama is recovering is because the crisis trumps and negates celebrity. The bump McCain had was entirely a Palin effect. It was a "Sarah surge." And at the time, three weeks ago, the economy is calm, Iraq is basically not an issue, and she seized the public imagination.
In a crisis, if you're worrying about your retirement and money market account, celebrity and charisma disappears. And that's why her bounce has disappeared.
BIRNBAUM: I think that's where McCain can get back momentum. Experience will be very important here.
The problem is that I'm not sure he's credible as having experience on the economy. But experience in Washington helps when there's so much of a crisis that it's facing.
HUME: That's it for the panel.
Copy: Content and Programming Copyright 2008 FOX News Network, LLC. ALL RIGHTS RESERVED. Transcription Copyright 2008 ASC LLC (www.ascllc.net), which takes sole responsibility for the accuracy of the transcription. ALL RIGHTS RESERVED. No license is granted to the user of this material except for the user's personal or internal use and, in such case, only one copy may be printed, nor shall user use any material for commercial purposes or in any fashion that may infringe upon Fox News Network, LLC'S and ASC LLC's copyrights or other proprietary rights or interests in the material. This is not a legal transcript for purposes of litigation.
PEOPLE WHO READ THIS...
Also read these stories:
Embattled Congressman Charlie Rangel's Parking Troubles
[2008-09-18]
special report, political grapevine, special, report
328 visitors also liked this.
The Federal Government Takes Over Financial Institutions
[2008-09-22]
23 visitors also liked this.
Transcript: 'FOX News Watch,' September 20, 2008
[2008-09-22]
17 visitors also liked this.
Voting Angry
get talking points transcripts, o'reilly factor, o'reilly, factor, transcript
459 visitors also liked this.
Senator Under Federal Indictment Still 'King of Pork'
[2008-09-17]
special report, report, special
369 visitors also liked this.
powered by Baynote
See Interview Archive
* E-Mail
* Print
* Share:
o Digg
o Facebook
o StumbleUpon
o Post to MySpace!
o
o
Weekdays
6 p.m. ET
Tuesday, September 23:
• Join host Brit Hume and FOX's Team Washington to find out what's happening inside the Beltway and on the world stage
ADVERTISEMENT
ONLY ON FOX
*
Jim Angle
Angle is FOX News Channel's chief Washington correspondent
*
Bret Baier
Baier is the chief White House correspondent for FOX News Channel
*
Carl Cameron
Cameron is FOX News Channel�s chief political correspondent and reports on presidential, gubernatorial, and congressional elections
*
Steve Centanni
Steve Centanni is a national correspondent for the FOX News Channel
*
Mike Emanuel
Emanuel is a White House correspondent for FOX News Channel
*
Major Garrett
Garrett is responsible for covering congressional elections and all breaking news on Capitol Hill
*
Wendell Goler
Goler served as a panel member at the �First in the South� GOP Presidential Debate in South Carolina in May 2007
*
Jennifer Griffin
Griffin joined FOX News Channel in October 1999
*
Molly Henneberg
Henneberg provided extensive coverage of the Virginia Tech massacre in April 2007 as the first national reporter on the scene
*
Catherine Herridge
Herridge is a national correspondent for FOX News covering homeland security, the Department of Justice and the intelligence community
*
James Rosen
James Rosen is a Washington correspondent for FOX News Channel
*
Caroline Shively
In the spring of 2007, Shively was named a general news correspondent for FOX News Channel
*
Brian Wilson
Wilson is the vice-president and bureau chief for Washington, D.C.
ADVERTISEMENT Click to learn more...
Fox News Video
Top Video
'Stop Iran Now'
Activists protest arrival of President Ahmadinejad at the United Nations
Special Report
* Rights of home school families
* Pennsylvania starting to favor Obama
* McCain says he saw credit crisis coming
* Bush pushes market intervention
* U.S.
* World
* Politics
* Health
* SciTech
* Entertainment
AP Wires
* Ga. court uphelds conviction in socialite slaying
* Children interviewed after raid on Ark. compound
* Officials raid suburban Dallas swingers club
* JetBlue reopens NY JFK terminal
* 2 NM hospital workers fired for taking photos
* Global financial crisis could hurt UN program
* Galveston area remains dangerous in Ike's wake
* Case of dead NY girl raises fairness questions
* Solution sought for N.D. power line bird strikes
* 2 rare capital trials conducted in New Hampshire
* News Archive
Marketplace
* Autos
* Mortgages
Find a Car
Find a Mortgage
Get Voicemail
Free Credit Score
Fox News Shop
Celebrity News
SEARCH
News Alerts RSS Feeds Podcasts Make FOXNews.com Your Home Page Careers
* Home
* U.S.
* World
* Politics
* FOX News Polls
* Business
* Health
* SciTech
* Entertainment
* Video
* Opinion
* uReport
* Sports
* Weather
* Radio
* Mobile
* FOX & Friends
* Live Desk
* Studio B
* Your World
* Special Report
* FOX Report
* O'Reilly Factor
* Hannity & Colmes
* On the Record
* RedEye
* FNC iMag
* FOX Fan
* News Archive
* FOX Around The World
* Contact US
* Upgrade Central
* FAQs
* Fox News Video Archive
Advertise on FOXNews.com, FOX News Channel , and FOX News Radio Jobs at FOX News Channel. Internships At Fox News (Deadline for summer applications: Feb. 29, 2008)
Terms of use. Privacy Statement. For FOXNews.com comments write to foxnewsonline@foxnews.com; For FOX News Channel comments write to yourcomments@foxnews.com
This material may not be published, broadcast, rewritten, or redistributed. © 2008 FOX News Network, LLC. All rights reserved. All market data delayed 20 minutes.
We Report. You Decide.
SEARCH
UREPORT
Send us your video,
photos and news
On FOX News CHANNEL:
Hannity & Colmes
Political Insight! (12:00am EST)
View Schedule
* Home
* U.S.
* World
* Politics
* Business
* Health
* SciTech
* Entertainment
* Video
* Opinion
* uReport
* Sports
* Weather
* RADIO
* MOBILE
* FOX & Friends
* Live Desk
* Studio B
* Your World
* Special Report
* FOX Report
* O'Reilly Factor
* Hannity & Colmes
* On the Record
* FNC iMag
* FOX Fan
Special Report w/ Brit Hume
* SCHEDULE
* The Grapevine
* Special Report Panel
* Podcasts
* FOX News Mobile
* FOX Fan
* NEWS ARCHIVE
* HOT TOPICS
o FOX News Election Coverage
o Celebrity Gossip
o FOX Movietone News
Send news tip to FOXNews.com
SUBMIT
FOXNEWS.COM HOME > SPECIAL REPORT W/ BRIT HUME
'Special Report' Panel on Paulson, Bernanke's Handling of Current Financial Crisis
Friday, September 19, 2008
* Share:
o Digg
o Facebook
o StumbleUpon
o Post to MySpace!
o
o
AP
Sept. 19: Treasury Secretary Henry Paulson briefs reporters about efforts to heal the crisis in the U.S. financial markets at the Treasury Department
This is a rush transcript of "Special Report With Brit Hume" from September 18, 2008. This copy may not be in its final form and may be updated.
(BEGIN VIDEO CLIP)
GEORGE BUSH, PRESIDENT OF THE UNITED STATES OF AMERICA: Financial markets continue to deal with serious challenges. As our recent actions demonstrate, my administration is focused on meeting these challenges.
(END VIDEO CLIP)
BRIT HUME, HOST: And by his administration, he means principally two people, that would be Federal Reserve Chairman Ben Bernanke, appointed by President Bush, and his Treasury Secretary Henry Paulson.
Indeed, Barney Frank, the Chairman of the Financial Services Committee and the House Representative said today about those two guys, quote, "What we have is over the horizon comes the Loner Ranger, that's Bernanke, and his faithful companion Paulson.
They're good guys, but that's not how it should be, that is unilaterally using their powers to help these struggling companies. That is why we're having hearings."
Related
*
Column Archive
o 'Special Report' Panel on Paulson, Bernanke's Handling of Current Financial Crisis
o 'Special Report' Panel on the Candidates' Plan to Regulate the Economic Sector; How Congress Will Address the Energy Sector
o 'Special Report' Panel on How Candidates Plan to Fix Financial Crisis; Sarah Palin Investigation
o 'Special Report' Panel on Wall Street Financial Crisis; Political Battle Waged Through Ads
o 'Special Report' Panel on Sarah Palin's First Big Media Interview
Full-page Interview Archive
Show Info
Airs Weekdays at 6 p.m. ET
o E-mail the Show: special@foxnews.com
o Brit Hume's Bio
o Grapevine Archive
o Interview Archive
o Meet the Panel
Well, the question arises how are the Lone Ranger and his faithful companion Paulson doing?
Questions and some thoughts on this now from Bill Sammon, Fox News Washington Deputy Managing Editor, Jeff Birnbaum, Managing Editor- Digital, of The Washington Times, and FOX News contributor and syndicated columnist Charles Krauthammer, also a FOX News contributor.
Jeff, you have been watching these financial matters for a long time, and you even once worked for The Wall Street Journal and Fortune magazine. So this is your territory. How are Bernanke and Paulson doing?
NOTE: JEFF BIRNBAUM IS A RESPECTED COLUMNIST.
JEFF BIRNBAUM, COLMUNIST, THE WASHINGTON POST: I think they're running as fast as they can to stay ahead of a massive wave, and they're doing fairly well.
I think that, especially if they take another step, which is rumored, and we mentioned earlier in the show that there might be a special agency set up to take the billions of dollars of mortgage securities and other debts that cannot be valued.
That's the whole basis of this crisis. There are all sorts of debt instruments, securities of various kinds that are traded that nobody is willing to buy, because they don't know how much they're worth. Many of them —
HUME: They don't know how bad mortgage — how many bad mortgages may be attached to those packages of loans that they're buying.
BIRNBAUM: It's mortgages and other fancy financial instruments that are derived from mortgages.
HUME: Right.
BIRNBAUM: So no one know how much they are worth, really, or, another way to say it is no one knows how much they're really willing to pay for them because they don't know how much they're worth and how to profit from them.
HUME: So they can't be traded, really.
BIRNBAUM: They cannot be traded and have not been traded. In fact, the core here is that credit markets are completely seized up. The amount of money that normally flows from banks to investors and then to businesses has basically stopped.
That's why the federal government has been pouring tens of billions into the marketplace. They may take this additional step to finally collect some of these unsellable securities and try to sell them themselves.
HUME: But the fact that they're unsellable and unvaluable doesn't mean that they're worthless, does it?
BIRNBAUM: Oh, these are billions of dollars of securities that may be worth $100 billion or $50 billion. They're worth something, but no one knows exactly how much.
BILL SAMMON, FOX NEWS WASHINGTON DEPUTY MANAGING EDITOR: We will just have to wait for the market to come back and properties to start selling to see how much money you can get on the dollar for those properties.
But for the moment, since no one is buying and they are seized up, they are treated almost as worthless assets in some regard.
I think the fact that, as Jeff said, the administration is dumping tens of billions of cash into the credit markets to stimulate the credit markets so that it doesn't seize up answers your question about whether they are being proactive enough in the Bush administration.
As we speak, Paulson and Bernanke are on their way to Capitol Hill to meet with lawmakers of both parties, both houses of congress. President Bush has canceled a number of trips to hunker down.
He has gotten a lot of criticism because he hasn't come out and done a big speech or a big, high-profile press conference.
But you have to remember, this is the kind of crisis — this isn't like the Russian-Georgia crisis where you want to be out in front every day using the bully pulpit. This is the kind of crisis where you don't want to exacerbate it by exposing yourself to a bunch of reporters that are going to turn it into a feeding frenzy, and Bush says some gaffe that further de- stablizes the market.
So I think it is better to be discreet and prudent and carefully measured with your words.
HUME: Do you give them reasonably high marks?
SAMMON: I do.
HUME: What about you, Charles?
NOTE: KRAUTHAMMER IS A WELL KNOWN COLUMNIST.
CHARLES KRAUTHAMMER, SYNDICATED COLUMNIST: On the issue of these instruments, if there's something you can't sell, it may be worth a lot, but its price is zero as of today.
HUME: Right.
KRAUTAHMMER: And that's why all of this stuff is seizing up.
As for the Lone Ranger and Tonto, I think on a day in which the market widely swings up, you don't want to at attack them.
However, a criticism of them could be made that they have been acting without a principle or a rule or a logic. They come in, swoop in, and they save Bear Stearns. They then nationalize Fannie. They then let Lehman dissolve and disappear, saying, "The bank window is closed. We're not going to bail people out." Three days later AIG is nationalized.
Now, I could argue, and the markets will decide if all of this was wise and had to be done, but in a market in which the panic is ensuing because people have uncertainty as, for example, you mentioned on the value of these instruments, you would think that you don't want to add uncertainty.
And I think what Paulson and Bernanke have done has been reasonable. But it does introduce extra uncertainty in a situation in which it is already rampant.
I'm not sure that they had other alternatives, but, in the end, the judge of all this will be the market. If it survives, these guys are geniuses, and they are the David Petraeus of this campaign. Otherwise, they will be the William Caseys.
HUME: All right. What has all this economic uncertainty done to the presidential race? We'll talk about that next.
(COMMERCIAL BREAK)
(BEGIN VIDEO CLIP)
SEN. JOHN MCCAIN, (R) PRESIDENTIAL CANDIDATE: While Senator Obama and congressional leaders don't know what to think about the current crisis, we know what their plans are for the economy.
Today, Senator Obama's running mate said that raising taxes is patriotic.
CROWD: (BOOING)
MCCAIN: Raising taxes in a tough economy isn't patriotic. It's not a badge of honor. It's just plain dumb.
SEN. BARACK OBAMA, (D) PRESIDENTIAL CANDIDATE: With the magnitude of the crisis apparent even to the Bush White House, John McCain wants to reverse himself. He wants to reverse course.
Now, all of a sudden, he has become a populist. Now he's unleashed an angry tirade against all the insiders and lobbyists who happen to have supported him for the last 26 years, the same folks who are running his campaign right now.
(END VIDEO CLIP)
HUME: Well, McCain has come out with some proposals. One of them is to fire the head the Securities and Exchange Commission and one of his former Republican colleagues Chris Cox. The administration rejects that idea.
He has also come out with the idea of basically reconstituting the old resolution trust company which bought out the bad assets in the savings and loan mess some years ago, an idea that other have proposed as well.
He is also, as you heard, attacking Obama for the idea of raising taxes.
Obama, of course, as you heard, attacking him for the same old policies and same old people.
The polls suggest that this crisis has given Obama a distinct bounce. The debate is now unfolding. We have seen McCain, as Obama correctly said, trying to reconstitute himself a bit here. Who is coming out ahead here, Bill?
SAMMON: I think generally speaking bad news on the economy is good news politically for Barack Obama.
HUME: We understand that, that's the bounce. But what about how the two are responding to the crisis itself?
SAMMON: McCain is, as of today, trying to aggressively pivot to an attack on Obama on taxes, because if he can get beyond the discussion of how dire the economic meltdown is and say how will you deal with it, by lowering or raising taxes, you can perhaps position yourself a little bit better than he has been.
And he has been hurt in the last few days by this economic crisis.
HUME: Jeff, your thoughts on what he has proposed in addition to attacking Obama? It is more than Obama has proposed.
BIRNBAUM: Much more, and more on the point, I think. I think McCain stumbled badly for the last couple of days, at one point repeating his line about the fundamentals of the economy being strong. He shouldn't have said it on that day.
HUME: It may be true, but he shouldn't have said.
BIRNBAUM: Exactly. The idea of calling for a commission — not a good idea.
But he has recouped. I think this resolution trust agency idea is one that the administration may, in fact, accept. That is to put all of these securities in one place and try to sell them now that they can't be sold.
HUME: Or to buy them up.
BIRNBAUM: Buy them up-
HUME: Hold them and try to sell them later.
BIRNBAUM: And then try to sell them later.
HUME: But it essentially takes them off the market.
BIRNBAUM: Right. And that idea is what was responsible for the run up in the stock market at the end of today.
I think that McCain finally is getting it right. Attacking Wall Street, coming up with concrete proposals, and saying that a tax increase is the wrong idea against Obama.
It may be a little too late politically, but at least he has a proposal that I think fits the subject, something that Obama yet has not come up with.
HUME: Well, then it might not be too late, or might it, Charles?
And it's a remarkable move for McCain.
KRAUTAHMMER: Yes.
HUME: He's nothing if not trying to be agile.
KRAUTAHMMER: I think the word I would use to describe it is "audacity," and it really is.
But, look, I think what he has said has additionally hurt him. I think it had an effect, and now I think he is regaining his ground.
But I'm not sure that anybody is believing in the proposals of either candidate. They are both now wildly populist on this, and I think ordinary folks have a sense, as I do, that neither of them has the slightest idea what to do.
As Harry Reid has said —
HUME: Harry Reid said he doesn't know what to do, and he said nobody knows what to do.
KRAUTAHMMER: Outside of the Lone Ranger and Tonto, I'm not sure a lot of people do.
I think what is really happening here and the reason Obama is recovering is because the crisis trumps and negates celebrity. The bump McCain had was entirely a Palin effect. It was a "Sarah surge." And at the time, three weeks ago, the economy is calm, Iraq is basically not an issue, and she seized the public imagination.
In a crisis, if you're worrying about your retirement and money market account, celebrity and charisma disappears. And that's why her bounce has disappeared.
BIRNBAUM: I think that's where McCain can get back momentum. Experience will be very important here.
The problem is that I'm not sure he's credible as having experience on the economy. But experience in Washington helps when there's so much of a crisis that it's facing.
HUME: That's it for the panel.
Copy: Content and Programming Copyright 2008 FOX News Network, LLC. ALL RIGHTS RESERVED. Transcription Copyright 2008 ASC LLC (www.ascllc.net), which takes sole responsibility for the accuracy of the transcription. ALL RIGHTS RESERVED. No license is granted to the user of this material except for the user's personal or internal use and, in such case, only one copy may be printed, nor shall user use any material for commercial purposes or in any fashion that may infringe upon Fox News Network, LLC'S and ASC LLC's copyrights or other proprietary rights or interests in the material. This is not a legal transcript for purposes of litigation.
PEOPLE WHO READ THIS...
Also read these stories:
Embattled Congressman Charlie Rangel's Parking Troubles
[2008-09-18]
special report, political grapevine, special, report
328 visitors also liked this.
The Federal Government Takes Over Financial Institutions
[2008-09-22]
23 visitors also liked this.
Transcript: 'FOX News Watch,' September 20, 2008
[2008-09-22]
17 visitors also liked this.
Voting Angry
get talking points transcripts, o'reilly factor, o'reilly, factor, transcript
459 visitors also liked this.
Senator Under Federal Indictment Still 'King of Pork'
[2008-09-17]
special report, report, special
369 visitors also liked this.
powered by Baynote
See Interview Archive
* Share:
o Digg
o Facebook
o StumbleUpon
o Post to MySpace!
o
o
Weekdays
6 p.m. ET
Tuesday, September 23:
• Join host Brit Hume and FOX's Team Washington to find out what's happening inside the Beltway and on the world stage
ADVERTISEMENT
ONLY ON FOX
*
Jim Angle
Angle is FOX News Channel's chief Washington correspondent
*
Bret Baier
Baier is the chief White House correspondent for FOX News Channel
*
Carl Cameron
Cameron is FOX News Channel�s chief political correspondent and reports on presidential, gubernatorial, and congressional elections
*
Steve Centanni
Steve Centanni is a national correspondent for the FOX News Channel
*
Mike Emanuel
Emanuel is a White House correspondent for FOX News Channel
*
Major Garrett
Garrett is responsible for covering congressional elections and all breaking news on Capitol Hill
*
Wendell Goler
Goler served as a panel member at the �First in the South� GOP Presidential Debate in South Carolina in May 2007
*
Jennifer Griffin
Griffin joined FOX News Channel in October 1999
*
Molly Henneberg
Henneberg provided extensive coverage of the Virginia Tech massacre in April 2007 as the first national reporter on the scene
*
Catherine Herridge
Herridge is a national correspondent for FOX News covering homeland security, the Department of Justice and the intelligence community
*
James Rosen
James Rosen is a Washington correspondent for FOX News Channel
*
Caroline Shively
In the spring of 2007, Shively was named a general news correspondent for FOX News Channel
*
Brian Wilson
Wilson is the vice-president and bureau chief for Washington, D.C.
ADVERTISEMENT Click to learn more...
Fox News Video
Top Video
'Stop Iran Now'
Activists protest arrival of President Ahmadinejad at the United Nations
Special Report
* Rights of home school families
* Pennsylvania starting to favor Obama
* McCain says he saw credit crisis coming
* Bush pushes market intervention
* U.S.
* World
* Politics
* Health
* SciTech
* Entertainment
AP Wires
* Ga. court uphelds conviction in socialite slaying
* Children interviewed after raid on Ark. compound
* Officials raid suburban Dallas swingers club
* JetBlue reopens NY JFK terminal
* 2 NM hospital workers fired for taking photos
* Global financial crisis could hurt UN program
* Galveston area remains dangerous in Ike's wake
* Case of dead NY girl raises fairness questions
* Solution sought for N.D. power line bird strikes
* 2 rare capital trials conducted in New Hampshire
* News Archive
Marketplace
* Autos
* Mortgages
Find a Car
Find a Mortgage
Get Voicemail
Free Credit Score
Fox News Shop
Celebrity News
SEARCH
News Alerts RSS Feeds Podcasts Make FOXNews.com Your Home Page Careers
* Home
* U.S.
* World
* Politics
* FOX News Polls
* Business
* Health
* SciTech
* Entertainment
* Video
* Opinion
* uReport
* Sports
* Weather
* Radio
* Mobile
* FOX & Friends
* Live Desk
* Studio B
* Your World
* Special Report
* FOX Report
* O'Reilly Factor
* Hannity & Colmes
* On the Record
* RedEye
* FNC iMag
* FOX Fan
* News Archive
* FOX Around The World
* Contact US
* Upgrade Central
* FAQs
* Fox News Video Archive
Advertise on FOXNews.com, FOX News Channel , and FOX News Radio Jobs at FOX News Channel. Internships At Fox News (Deadline for summer applications: Feb. 29, 2008)
Terms of use. Privacy Statement. For FOXNews.com comments write to foxnewsonline@foxnews.com; For FOX News Channel comments write to yourcomments@foxnews.com
This material may not be published, broadcast, rewritten, or redistributed. © 2008 FOX News Network, LLC. All rights reserved. All market data delayed 20 minutes.
Friday, September 12, 2008
California Life Home Car Insurance Quote Auto Insurance CALIFORNIA, CA
Bookmark & Share NewDesignWorld.com
Favorites Digg
Del.icio.us Google
MySpace Facebook
Reddit Newsvine
Live More ...
To:
From:
Note:
*
* Home Login Register Top users Tag cloud
Breaking News Press PR and More
* Published PR
* Queued Press Releases
* Submit a new press story
# Editorial Guidelines
# Contact Us
* Press Release Home » Financial » California Life Home Car Insurance Quote Auto Insurance CALIFORNIA,CA
*
* 1
* Vote
California Life Home Car Insurance Quote Auto Insurance CALIFORNIA,CA
[California Life Home Car Insurance Quote Auto Insurance CALIFORNIA,CA]
California Life Home Car Insurance Quote Auto Insurance CALIFORNIA,CA
California Life Home Car Insurance Quote Auto Insurance CALIFORNIA,CA
Avatar Posted by bestantiochagent 1 day 21 hours ago (http://www.bestantiochagent.com) View profile
Category: Financial | Tags: california life insurance california home insurance californ
BESTANTIOCHAGENT.COM OFFER YOU PROFESSIONAL AND EXPERT INSURANCE HELP
Welcome to Farmers CALIFORNIA LIFE INSURANCE. The best resource for CALIFORNIA LIFE INSURANCE, AUTO INSURANCE, HOME INSURANCE, CAR INSURANCE etc. We are the top service providers in Domain of INSURANCE in CALIFORNIA (ca). The Farmers Insurance Group of Companies was founded in 1928 when Farmers Insurance Exchange, an automobile insurer, was formed. As customer demand for additional insurance services increased, the Fire Insurance Exchange and Truck Insurance Exchange were established for home and commercial insurance needs. Today, CALIFORNIA LIFE INSURANCE, CALIFORNIA HOME INSURANCE, CALIFORNIA INSURANCE QUOTE, INSURANCE CALIFORNIA, CALIFORNIA INSURANCE, CALIFORNIA CAR INSURANCE QUOTE, AUTO INSURANCE CA, CALIFORNIA AUTO INSURANCE, INSURANCE CA, AUTO INSURANCE CALIFORNIA, CAR INSURANCE CALIFORNIA, CALIFORNIA CAR INSURANCE, the Farmers Insurance Group of Companies is the country's third-largest writer of both private passenger automobile and homeowners insurance. You will have the added benefit of working with Farmers California agents who understand your needs.
We provide best services for California Insurance, (http://www.bestantiochagent.com/site/) and all you needs for Insurance California. A one stop shop for top rated services for Insurance ca.
We are best insurance quote in California to meet you investing as well as required needs of insurance. California Insurance Quote: Get a Personal Quote on your Insurance Needs, be it California Life Insurance, California Home Insurance, California Insurance Quote, Insurance California, California Insurance, California Car Insurance Quote, Auto Insurance CA, California Auto Insurance, Insurance CA, Auto Insurance California, Car Insurance California, California Car Insurance. etc, in ca. Home Insurance, Auto Insurance, Renters Insurance, Motorcycle Insurance, Boat/Watercraft Insurance , Recreational Vehicle (RV) Insurance, Camper/Trailer Insurance Flood Insurance Life Insurance, Health Insurance, Dental Insurance, Disability Insurance Long Term Care, Mortgages/Loans, Planning .
The term HEALTH INSURANCE is generally used to describe a form of insurance that pays for medical expenses. It is sometimes used more broadly to include insurance covering disability or long-term nursing or custodial care needs. Covered groups or individuals pay premiums or taxes to help protect themselves from high or unexpected healthcare expenses.
Health insurance works by estimating the overall risk of healthcare expenses and developing a routine finance structure (such as a monthly premium or annual tax) that will ensure that money is available to pay for the healthcare benefits specified in the insurance agreement. i, e : California Life Insurance, California Home Insurance.
Note: Insurance has been a must in California.
Everything that you must know before buying Home Insurance in California (ca), California life insurance, California home insurance, California insurance quote, insurance California, California insurance, California car insurance quote, auto insurance ca, California auto insurance, insurance ca, auto insurance California, car insurance California, California car insurance.
California AUTO INSURANCE protects you against financial loss if you have an accident. It provides best Medical coverage, liability coverage etc including complete Car Insurance in California. Auto Insurance provides financial protection for you and your family. Pays against Damage, injuries. repairing or stolen etc.
Thank you for visiting our Farmers California website. We have set up this website to be your complete California insurance resource and to assist you with all of your Ca. insurance needs. For More details Please contact us : http://www.bestantiochagent.com/site/ you can also contact on our toll free number :888-318-5626 or call us on phone : 925-777-9400 you can also fax us :925-777-9008.
Discuss Bury
Comments Who Voted Related Links
Make Your Comments
Log in to comment or register here.
Who voted for this story
1. Avatar bestantiochagent
Related Links
Process of Submitting a Free Press Release PR
expand What is NDW Press Release Center?
NDW PR Center is a Web 2.0 News release and distribution service
* read more
Register Login
expand Login
Username:
Password:
Remember:
* read more
expand Register
Username:
Email:
Password:
Verify password:
* read more
expandTop Today
expandSubmit Press Release: Published PR
1
PBEL India to build 1200 cr to...
1
ServeGuru - Launch - Business ...
1
Free Tuition, year long class ...
2
SourcingMap Launches Gadget Sh...
1
RedAlkemi Launches Right-sourc...
expand Categories
* RSS Science RSS Technology RSS World & Business RSS Gaming RSS Sports RSS Entertainment RSS Art RSS Society RSS Media RSS Marketing RSS Internet RSS Computing RSS Consumer RSS Financial
expandLatest Comments
you get what you pay for - this witch seems to be utterly delusional to...couldn't log into site. here's the error message...
Hope I...Through Outsourcing one can get best possible solution at lowest cost...related ibm laptop battery:
IBM THINKPAD T40 BATTERY
The person that wrote this release needs help.
I am still...So is this the story of the Giant Google crushing yet another search...
* read more
expand Top 5 Tags
axigen business gold hyderabad real estate investing metals mining seo software web
* read more
Powered By Submit Press Release Free Center | Other : Submit a Site Directory | Submit an Article Free
Disclaimer: If you have any questions regarding information in these press releases please contact the company listed in the press release.
Please do not contact NewDesignWorld.com. We will be unable to assist you with your inquiry.
NewDesignWorld.com disclaims any content contained in these releases.
© Copyright 2004-2008, NewDesignWorld.
StatCounter - Free Web Tracker and Counter
Favorites Digg
Del.icio.us Google
MySpace Facebook
Reddit Newsvine
Live More ...
To:
From:
Note:
*
* Home Login Register Top users Tag cloud
Breaking News Press PR and More
* Published PR
* Queued Press Releases
* Submit a new press story
# Editorial Guidelines
# Contact Us
* Press Release Home » Financial » California Life Home Car Insurance Quote Auto Insurance CALIFORNIA,CA
*
* 1
* Vote
California Life Home Car Insurance Quote Auto Insurance CALIFORNIA,CA
[California Life Home Car Insurance Quote Auto Insurance CALIFORNIA,CA]
California Life Home Car Insurance Quote Auto Insurance CALIFORNIA,CA
California Life Home Car Insurance Quote Auto Insurance CALIFORNIA,CA
Avatar Posted by bestantiochagent 1 day 21 hours ago (http://www.bestantiochagent.com) View profile
Category: Financial | Tags: california life insurance california home insurance californ
BESTANTIOCHAGENT.COM OFFER YOU PROFESSIONAL AND EXPERT INSURANCE HELP
Welcome to Farmers CALIFORNIA LIFE INSURANCE. The best resource for CALIFORNIA LIFE INSURANCE, AUTO INSURANCE, HOME INSURANCE, CAR INSURANCE etc. We are the top service providers in Domain of INSURANCE in CALIFORNIA (ca). The Farmers Insurance Group of Companies was founded in 1928 when Farmers Insurance Exchange, an automobile insurer, was formed. As customer demand for additional insurance services increased, the Fire Insurance Exchange and Truck Insurance Exchange were established for home and commercial insurance needs. Today, CALIFORNIA LIFE INSURANCE, CALIFORNIA HOME INSURANCE, CALIFORNIA INSURANCE QUOTE, INSURANCE CALIFORNIA, CALIFORNIA INSURANCE, CALIFORNIA CAR INSURANCE QUOTE, AUTO INSURANCE CA, CALIFORNIA AUTO INSURANCE, INSURANCE CA, AUTO INSURANCE CALIFORNIA, CAR INSURANCE CALIFORNIA, CALIFORNIA CAR INSURANCE, the Farmers Insurance Group of Companies is the country's third-largest writer of both private passenger automobile and homeowners insurance. You will have the added benefit of working with Farmers California agents who understand your needs.
We provide best services for California Insurance, (http://www.bestantiochagent.com/site/) and all you needs for Insurance California. A one stop shop for top rated services for Insurance ca.
We are best insurance quote in California to meet you investing as well as required needs of insurance. California Insurance Quote: Get a Personal Quote on your Insurance Needs, be it California Life Insurance, California Home Insurance, California Insurance Quote, Insurance California, California Insurance, California Car Insurance Quote, Auto Insurance CA, California Auto Insurance, Insurance CA, Auto Insurance California, Car Insurance California, California Car Insurance. etc, in ca. Home Insurance, Auto Insurance, Renters Insurance, Motorcycle Insurance, Boat/Watercraft Insurance , Recreational Vehicle (RV) Insurance, Camper/Trailer Insurance Flood Insurance Life Insurance, Health Insurance, Dental Insurance, Disability Insurance Long Term Care, Mortgages/Loans, Planning .
The term HEALTH INSURANCE is generally used to describe a form of insurance that pays for medical expenses. It is sometimes used more broadly to include insurance covering disability or long-term nursing or custodial care needs. Covered groups or individuals pay premiums or taxes to help protect themselves from high or unexpected healthcare expenses.
Health insurance works by estimating the overall risk of healthcare expenses and developing a routine finance structure (such as a monthly premium or annual tax) that will ensure that money is available to pay for the healthcare benefits specified in the insurance agreement. i, e : California Life Insurance, California Home Insurance.
Note: Insurance has been a must in California.
Everything that you must know before buying Home Insurance in California (ca), California life insurance, California home insurance, California insurance quote, insurance California, California insurance, California car insurance quote, auto insurance ca, California auto insurance, insurance ca, auto insurance California, car insurance California, California car insurance.
California AUTO INSURANCE protects you against financial loss if you have an accident. It provides best Medical coverage, liability coverage etc including complete Car Insurance in California. Auto Insurance provides financial protection for you and your family. Pays against Damage, injuries. repairing or stolen etc.
Thank you for visiting our Farmers California website. We have set up this website to be your complete California insurance resource and to assist you with all of your Ca. insurance needs. For More details Please contact us : http://www.bestantiochagent.com/site/ you can also contact on our toll free number :888-318-5626 or call us on phone : 925-777-9400 you can also fax us :925-777-9008.
Discuss Bury
Comments Who Voted Related Links
Make Your Comments
Log in to comment or register here.
Who voted for this story
1. Avatar bestantiochagent
Related Links
Process of Submitting a Free Press Release PR
expand What is NDW Press Release Center?
NDW PR Center is a Web 2.0 News release and distribution service
* read more
Register Login
expand Login
Username:
Password:
Remember:
* read more
expand Register
Username:
Email:
Password:
Verify password:
* read more
expandTop Today
expandSubmit Press Release: Published PR
1
PBEL India to build 1200 cr to...
1
ServeGuru - Launch - Business ...
1
Free Tuition, year long class ...
2
SourcingMap Launches Gadget Sh...
1
RedAlkemi Launches Right-sourc...
expand Categories
* RSS Science RSS Technology RSS World & Business RSS Gaming RSS Sports RSS Entertainment RSS Art RSS Society RSS Media RSS Marketing RSS Internet RSS Computing RSS Consumer RSS Financial
expandLatest Comments
you get what you pay for - this witch seems to be utterly delusional to...couldn't log into site. here's the error message...
Hope I...Through Outsourcing one can get best possible solution at lowest cost...related ibm laptop battery:
IBM THINKPAD T40 BATTERY
The person that wrote this release needs help.
I am still...So is this the story of the Giant Google crushing yet another search...
* read more
expand Top 5 Tags
axigen business gold hyderabad real estate investing metals mining seo software web
* read more
Powered By Submit Press Release Free Center | Other : Submit a Site Directory | Submit an Article Free
Disclaimer: If you have any questions regarding information in these press releases please contact the company listed in the press release.
Please do not contact NewDesignWorld.com. We will be unable to assist you with your inquiry.
NewDesignWorld.com disclaims any content contained in these releases.
© Copyright 2004-2008, NewDesignWorld.
StatCounter - Free Web Tracker and Counter
Ash Refuses to Rule Out Further Surgery
Register
Sign In
Premium Content
Drag this link onto your Home button to make us your homepage
Help Sitemap Home Skip Navigation Contact Us Disability Statement
The Scotsman - Scotland's national newspaper
Jobs today Property today Motors today Local Pages Today Business Directory
Site Web
Search
* Home
* News
* Sport
* Business
* Your Say
* Newspaper
* Health Info
enhanced by
Google
scotsman.com
Scotland
UK
International
Politics
Health
Education
Entertainment
Opinion
Games
Features
Monday, 8th September 2008 Change Date
Premium Article !
Your account has been frozen. For your available options click the below button.
Options
Premium Article !
To read this article in full you must have registered and have a Premium Content Subscription with the The Scotsman site.
Subscribe
Registered Article !
To read this article in full you must be registered with the site.
Sign In
Register
Ash refuses to rule out further surgery
Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image
« Previous
« Previous
Next »
Next »
View Gallery
ACTRESS Leslie Ash has said she would "never say never" about having more cosmetic surgery despite her botched "lip job" in 2002.
In a TV documentary to be screened later this month, the Men Behaving Badly star investigates regulation of the industry and attitudes toward plastic surgery.
Note: Cosmetic Surgery is becomming a Fad in the entertainment industry.
The full article contains 54 words and appears in The Scotsman newspaper.
Page 1 of 1
* Last Updated: 07 September 2008 10:11 PM
* Source: The Scotsman
* Location: Edinburgh
Bookmark:
Del.icio.us Post this story to Del.icio.us
Digg Post this story to Digg
Facebook Post this story to Facebook
reddit Post this story to reddit
StumbleUpon Post this story to stumbleupon
Comment on this Story
In order to post comments you must Register or Sign In
RSS Feed of this article's comments
Delivery formats: RSS, Atom, Javascript & Email
Sections
* Scotland
* UK
* International
* Sport
* Business
* Politics
* Sci-Tech
* Health
* Education
* Entertainment
* Gaelic
* Opinion
* Obituaries
* Games
* Article Index
Other Sections
* Features
* Critique
* Scotsman Magazine
* NewsStand
* Back Issues
* Supplements
Other Sites
* More News
* More Sport
* More Business
* Scotland on Sunday
* Evening News
* Heritage & Culture
* Living
* Dating
* Announcements
* Money
* Scotsman Shop
* Fantasy Golf
* Photos Today
* Scotsman Hotels
* SuperScotBingo
* Local Pages
* Edinburgh Festivals
RSS Feed What's this?
* Email a friend
* Print article
* Increase text size
* Decrease text size
* Be the first to comment on this article...
More Entertainment
* Corinne Brewery - Still in full swing
* Metallica - They're Back from never never land
* The Hot Ticket: The Mighty Boosh on Tour
* What's on today? Dance, visual art, film and theatre
* Skye wedding for rocker KT Tunstall
* Final curtain call for Anita Page, 98
* Ash refuses to rule out further surgery
More Entertainment >>
Features
Supplements
Scotsman Digital Archive
Featured Advertising
* Contact us
* Help
* Accessibility
* Terms & Conditions
* Archive
* Our sister newspapers
* RSS Feed
All rights reserved ©2008
Johnston Press Digital Publishing
Sister Newspapers:
Visit edinburghnews.scotsman.com
Edinburgh News
Visit scotlandonsunday.scotsman.com
Scotland On Sunday
Press Complaints Commission
This website and its associated newspaper adheres to the Press Complaints Commission's Code of Practice. If you have a complaint about editorial content which relates to inaccuracy or intrusion, then contact the Editor by clicking here.
If you remain dissatisfied with the response provided then you can contact the PCC by clicking here.
Sign In
Premium Content
Drag this link onto your Home button to make us your homepage
Help Sitemap Home Skip Navigation Contact Us Disability Statement
The Scotsman - Scotland's national newspaper
Jobs today Property today Motors today Local Pages Today Business Directory
Site Web
Search
* Home
* News
* Sport
* Business
* Your Say
* Newspaper
* Health Info
enhanced by
scotsman.com
Scotland
UK
International
Politics
Health
Education
Entertainment
Opinion
Games
Features
Monday, 8th September 2008 Change Date
Premium Article !
Your account has been frozen. For your available options click the below button.
Options
Premium Article !
To read this article in full you must have registered and have a Premium Content Subscription with the The Scotsman site.
Subscribe
Registered Article !
To read this article in full you must be registered with the site.
Sign In
Register
Ash refuses to rule out further surgery
Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image
« Previous
« Previous
Next »
Next »
View Gallery
ACTRESS Leslie Ash has said she would "never say never" about having more cosmetic surgery despite her botched "lip job" in 2002.
In a TV documentary to be screened later this month, the Men Behaving Badly star investigates regulation of the industry and attitudes toward plastic surgery.
Note: Cosmetic Surgery is becomming a Fad in the entertainment industry.
The full article contains 54 words and appears in The Scotsman newspaper.
Page 1 of 1
* Last Updated: 07 September 2008 10:11 PM
* Source: The Scotsman
* Location: Edinburgh
Bookmark:
Del.icio.us Post this story to Del.icio.us
Digg Post this story to Digg
Facebook Post this story to Facebook
reddit Post this story to reddit
StumbleUpon Post this story to stumbleupon
Comment on this Story
In order to post comments you must Register or Sign In
RSS Feed of this article's comments
Delivery formats: RSS, Atom, Javascript & Email
Sections
* Scotland
* UK
* International
* Sport
* Business
* Politics
* Sci-Tech
* Health
* Education
* Entertainment
* Gaelic
* Opinion
* Obituaries
* Games
* Article Index
Other Sections
* Features
* Critique
* Scotsman Magazine
* NewsStand
* Back Issues
* Supplements
Other Sites
* More News
* More Sport
* More Business
* Scotland on Sunday
* Evening News
* Heritage & Culture
* Living
* Dating
* Announcements
* Money
* Scotsman Shop
* Fantasy Golf
* Photos Today
* Scotsman Hotels
* SuperScotBingo
* Local Pages
* Edinburgh Festivals
RSS Feed What's this?
* Email a friend
* Print article
* Increase text size
* Decrease text size
* Be the first to comment on this article...
More Entertainment
* Corinne Brewery - Still in full swing
* Metallica - They're Back from never never land
* The Hot Ticket: The Mighty Boosh on Tour
* What's on today? Dance, visual art, film and theatre
* Skye wedding for rocker KT Tunstall
* Final curtain call for Anita Page, 98
* Ash refuses to rule out further surgery
More Entertainment >>
Features
Supplements
Scotsman Digital Archive
Featured Advertising
* Contact us
* Help
* Accessibility
* Terms & Conditions
* Archive
* Our sister newspapers
* RSS Feed
All rights reserved ©2008
Johnston Press Digital Publishing
Sister Newspapers:
Visit edinburghnews.scotsman.com
Edinburgh News
Visit scotlandonsunday.scotsman.com
Scotland On Sunday
Press Complaints Commission
This website and its associated newspaper adheres to the Press Complaints Commission's Code of Practice. If you have a complaint about editorial content which relates to inaccuracy or intrusion, then contact the Editor by clicking here.
If you remain dissatisfied with the response provided then you can contact the PCC by clicking here.
Thursday, September 11, 2008
Receipts detail meals, car washes, insurance
Container Top
September 08, 2008
Weather Complete Forecast
Click here to find out more!
* News
* Sports
* Business
* Editorial
* Lifestyle
* Entertainment
* Multimedia
* UPublish
* Classifieds
* Obituaries
Click here to find out more!
LOCAL NEWS
* Today's Local News
* Breaking
* Obituaries
* Crime Watch
* Education
* Politics
* Medina County
* Portage County
* Stark County
* Summit County
* Wayne County
* Corrections
COLUMNISTS
* Jewell Cardwell
* Bob Dyer
* David Giffels
* Dennis Willard
NATION/WORLD
* Nation
* World
* AP News
OHIO NEWS
* State News
* Ohio Lottery
* Dennis Willard
PUBLISH YOUR NEWS
* News Story
* Upcoming Event
* School/Education
* Military News
* Social Event
SPECIAL PROJECTS
* Akron's War Dead
* American Dream series
* Natural Gas
* Welcome Home
ARCHIVES
* Beacon Journal
* Historical
* NewsLibrary
* 7-Day Archives
* Photo Reprints
SOAP BOX DERBY
* Full Derby Coverage
SPORTS
* Today's Sports News
* High School
* High school football preview
* Golf (Pro and Amateur)
* Motor Sports
* Olympics
PRO
* Aeros
* Browns
* Cavs
* Gladiators
* Indians
COLLEGE
* Akron Zips
* Kent State
* Ohio State
COLUMNISTS
* Patrick McManamon
* Marla Ridenour
* Sheldon Ocker
* George Thomas
* Brian Windhorst
PUBLISH SPORTS NEWS
* Sports Story
* Upcoming Event
* Read UPublish News
BLOGS
* Akron Aeros
* Akron Zips
* Balanced Ledger
* Browns Bulletin
* Cleveland Browns
* Cleveland Cavaliers
* Cleveland Indians
* Kent State
* Patrick McManamon
* The Sports Blitz
* Varsity Letters
ARCHIVES
* Beacon Journal
* Historical
* NewsLibrary
* 7-Day Archives
* Photo Reprints
BUSINESS
* Today's Business
* Betty Lin-Fisher
* Natural Gas
AP BUSINESS NEWS
* Stocks and Money
PUBLISH NEWS
* On the Move
* Story
* Upcoming Event
REAL ESTATE TRANSFERS
* Database search: 2002 to Present
PROJECTS
* Home Buying Series
ARCHIVES
* Beacon Journal
* Historical
* NewsLibrary
* 7-Day Archives by Section
* Photo Reprints
PUBLIC NOTICES
* Public Notices
* Yellow Pages Search
EDITORIAL INDEX
* Today's Editorial Page
* Editorial Opinions
* Editorial Commentaries
LOCAL COLUMNISTS
* Michael Douglas
* Steve Hoffman
* Laura Ofobike
EDITORIAL CARTOONS
* Chip Bok's BokBluster
VOICE OF THE PEOPLE
* Read Letters to the Editor
* Submit a Letter to the Editor
ARCHIVES
* Beacon Journal
* Historical
* NewsLibrary
* 7-Day Archives by Section
* Photo Reprints
TOPICS
* Lifestyle News
* Books
* Celebrations
* Education
* Family
* Food
* Health
* Home & Garden
* Local History
* Ohio Travel
* Pets
* Religion
* Travel
COLUMNISTS
* Lisa Abraham
* Connie Bloom
* Mary Beth Breckenridge
* Bob Downing
* Kim Hone-McMahan (Sketches)
* Dear Abby
PUBLISH NEWS
* Upcoming Event
* Social Event
* Military News
* School/Education
ARCHIVES
* Beacon Journal
* Historical
* NewsLibrary
* 7-Day Archives by Section
* Photo Reprints
TOPICS
* Entertainment News
* Arts & Culture
* Comics & Games
* Enjoy listings
* Heldenfels' Mailbag
* Horoscopes
* Movies
* Music
* Ohio Travel
* Performing Arts
* Television
COLUMNISTS
* Malcolm X Abram
* Elaine Guregian
* Rich Heldenfels
* Dottie Shinn
* Dear Abby
WHAT TO DO
* Dining
* Events
* Exhibits
BLOGS
* Heldenfiles
* Ohio Travels with Betty
* Sound Check
PUBLISH NEWS
* Upcoming Event
* Story
ARCHIVES
* Beacon Journal
* Historical
* NewsLibrary
* 7-Day Archives by Section
* Photo Reprints
VIDEOS
* View Videos
* Upload a Video
PHOTO GALLERIES
* View Photo Galleries
* Order Photo Reprints
* Upload a Photo
AP VIDEOS
* Caught on Tape
* Science & Tech
* ShowBiz
* Sports
* U.S.
* Top Videos
* World
READER BLOGS
* All Da King's Men
* Blog of Mass Destruction
* Young Professionals Loop
PUBLISH NEWS
* General News
* School and Education
* Sports
* Social Events
* On the Move
* Military News
* Upcoming Event
* Upload a Photo
* Upload a Video
READ NEWS
* Community News by Area and Topic
* School and Education
* Sports
* Social Events
* On the Move
* Military News
* Aeros Best Memory Contest
PUBLISHING GUIDE
* How to Publish News
CARS
* Find a Car
* Sell a Car
* Compare Cars
* Find a Dealer
* Other Transportation
* Research a Vehicle
HOMES
* Find a Home
* Sell a Home
* Commercial Real Estate
* Mortgage Information
* Open Houses
* Real Estate Transfers
RENTALS
* Search Rentals
* Place a Rental Ad
JOBS
* Search Jobs
* Post Jobs
* Upload your Resume
SHOPPING
* Newspaper Ads Online
* Search Local Businesses
* Shop Local
* Special Sections
STUFF
* Buy Stuff
* Sell Stuff
PUBLIC NOTICES
* Public Notices
OBITUARIES
* Search or Browse Obituaries
* Browse Today's Obituaries
* View or Create a Moving Tribute
* Browse Full Text of Today's Obituaries
* View and Sign Guest Books
* Obituary Questions or Problems
Homes Jobs Cars Shopping
Search
About Us | Make Us Your Home Page | RSS
Events Calendar
September 2008
Visit Zvents.com
Su Mo Tu We Th Fr Sa
31 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 1 2 3 4
5 6 7 8 9 10 11
EVENT SEARCH:
==> Submit an Event
In This Section
Officials salute Akron pastor as pillar of faith and wisdom
Candles to glow at Tallmadge Circle
Section lineup change starts today in Beacon
Park's friends open store
Train ride deadline is Oct. 1
HISTORYON WHEELS
Scene
Bath may act today on emergency sirens
State database lists emergency contacts ...
Pesky bedbugs invade shelters
Most Read Stories
24 hrs 7 days
Cavaliers sign second-round pick
What they are saying about Browns
Steptoe is prepared to step in
Patrick McManamon: Random NFL and Browns thoughts
Housing crisis upends kids' lives
Cavaliers brief
Alexander confident he'll find job in NFL
Change of scenery good for Rogers
Zips' simple game plan makes Orange see red
Comics & Games
Complete List >>
24 hrs 7 days
Cavs looking to add big man
Cowboys will face prayerful Browns
Teammates' return no Browns fairy tale
Crash victim is haunted by suspect
George family offers settlement to slain man's son
Pat's Beside the Point: Failing to fill in the blanks
LeBron, prep pals set to hit big screen
Comics & Games
Browns try to regroup before facing Cowboys
UA food fee leaves bad taste
Complete List >>
Blogs:
Akron Law Café:
The Supreme Court at the Tipping Point - Be Sure to Vote
Car Chase:
The Heldenfiles:
The Sporting Life
Patrick McManamon:
Browns lose the opener, and look bad doing it
Browns Bulletin:
Cleveland Browns:
Cleveland Browns v. Dallas Cowboys - Stallworth injured.
Cleveland Indians:
Akron Aeros:
For those tracking the Aeros Saturday…
Akron Zips:
The morning after
Varsity Letters:
Week 3 Football Scoreboard
Kent State Sports:
Singletary suspended and other notes
The Sports Mix:
OSU v. OU: Third Quarter
Ohio Politics:
Ad Watch: Kilroy and Stivers Release New Ads
All Da King's Men:
Palin Derangement Syndrome
Blog of Mass Destruction:
Biden Sums Up GOP Convention
HRLite House:
Request for Publications - Fire, Police, & Job Analysis
Akrocentric:
"Sunflower," a poem by Frank Steele
Akron Gamer:
BokBluster:
Ohio Travels with Betty:
Marilyn asks, when is the pumpkin festival?
Sound Check:
LeRoi Moore, Dave Matthews Band saxophonist dies
Tia's Trends:
ICSC Columbus
Homepage > Local News >
Receipts detail meals, car washes, insurance
By Rick Armon
Beacon Journal staff writer
Published on Sunday, Sep 07, 2008
Summit County MRDD Superintendent Tom Armstrong is meticulous about keeping receipts to back up his expenses.
Note: Armstrong is a respected personality in the Summit County.
In the last three years, he has been paid nearly $32,000 in expenses, ranging from meals to hotel stays to auto repair bills, according to a Beacon Journal review of his expense reports.
The receipts show:
• He has lunch and dinner meetings several times a month. He favors bars and taverns as opposed to high-end restaurants, often eating at places such as the Rusty Bucket Corner Tavern, Fado Irish Pub, Winking Lizard Tavern and Bennigan's.
''I'm not an extravagant guy,'' Armstrong said. ''I'm not trying to wine and dine on the county's dime.''
• The MRDD has a policy of not paying for alcohol. And while receipts often show alcoholic drinks, Armstrong doesn't seek reimbursement for them.
• County government workers aren't reimbursed for travel and meals inside the county. Armstrong is. MRDD is governed by an independent board and supported by a levy, with different rules applying to agency employees.
• Some of Armstrong's lunches and dinners are with board members and MRDD workers. Asked why meetings couldn't take place without billing taxpayers for a meal, board President Linda Bordenkircher and member William Ginter said the expenses are justified.
Lunch or dinner may be the only time available to meet, they said. Many meetings often take place without a meal, they added.
• Taxpayers paid his $750 membership to the NAACP in 2006.
• Armstrong doesn't skimp on car washes. He often has his car washed at the Ultimate Wash & Lube in Hudson and is charged $14. He usually provides a $3 tip — which also is picked up partially by taxpayers.
Armstrong said the washes are a legitimate maintenance expense.
• Taxpayers have paid $1,160 toward his personal auto insurance over the last three years. That expense also is justified, Armstrong said, because he has to pay more for insurance since he uses his vehicle more for work.
• Armstrong has his 2001 Land Rover Discovery II serviced at the Land Rover dealership in Akron. In February 2007, he paid $83 to have three new windshield wipers installed. Taxpayers picked up more than half that cost.
Carolyn Holladay, president of the Weaver Workshop and Support Association, representing 290 MRDD workers, said the union has raised questions about Armstrong's expenses in the past, but their concerns have been ignored.
''The taxpayers are going to be horrified, I think,'' she said.
Rick Armon can be reached at 330-996-3569 or rarmon@thebeaconjournal.com.
Summit County MRDD Superintendent Tom Armstrong is meticulous about keeping receipts to back up his expenses.
In the last three years, he has been paid nearly $32,000 in expenses, ranging from meals to hotel stays to auto repair bills, according to a Beacon Journal review of his expense reports.
The receipts show:
• He has lunch and dinner meetings several times a month. He favors bars and taverns as opposed to high-end restaurants, often eating at places such as the Rusty Bucket Corner Tavern, Fado Irish Pub, Winking Lizard Tavern and Bennigan's.
''I'm not an extravagant guy,'' Armstrong said. ''I'm not trying to wine and dine on the county's dime.''
• The MRDD has a policy of not paying for alcohol. And while receipts often show alcoholic drinks, Armstrong doesn't seek reimbursement for them.
• County government workers aren't reimbursed for travel and meals inside the county. Armstrong is. MRDD is governed by an independent board and supported by a levy, with different rules applying to agency employees.
• Some of Armstrong's lunches and dinners are with board members and MRDD workers. Asked why meetings couldn't take place without billing taxpayers for a meal, board President Linda Bordenkircher and member William Ginter said the expenses are justified.
Lunch or dinner may be the only time available to meet, they said. Many meetings often take place without a meal, they added.
• Taxpayers paid his $750 membership to the NAACP in 2006.
• Armstrong doesn't skimp on car washes. He often has his car washed at the Ultimate Wash & Lube in Hudson and is charged $14. He usually provides a $3 tip — which also is picked up partially by taxpayers.
Armstrong said the washes are a legitimate maintenance expense.
• Taxpayers have paid $1,160 toward his personal auto insurance over the last three years. That expense also is justified, Armstrong said, because he has to pay more for insurance since he uses his vehicle more for work.
• Armstrong has his 2001 Land Rover Discovery II serviced at the Land Rover dealership in Akron. In February 2007, he paid $83 to have three new windshield wipers installed. Taxpayers picked up more than half that cost.
Carolyn Holladay, president of the Weaver Workshop and Support Association, representing 290 MRDD workers, said the union has raised questions about Armstrong's expenses in the past, but their concerns have been ignored.
''The taxpayers are going to be horrified, I think,'' she said.
Rick Armon can be reached at 330-996-3569 or rarmon@thebeaconjournal.com.
Story tools
Email Email Print Print Save Save Reprint Reprint Popular Most Popular Reprint Subscribe
Share this story
AddThis Social Bookmark Button
Comments Click here to post your comments
Posted by alan 04:49 AM, 09/07/2008
Given the success the guy has clearly achieved (great increase in money brought to Summit MRDD during his tenure), the small expense is money well spent. Must be a slow news day to make an issue over a NON-ISSUE...
Sign-in to report abuse
Report abuse
Posted by Dennis 07:20 AM, 09/07/2008
NAACP dues are NOT a Legitimate Expense....it's not necessary to do the job!!! What Fools are running slummit county!
Sign-in to report abuse
Report abuse
Posted by Greg 07:47 AM, 09/07/2008
Increased Medicaid $ resulted from efforts at the State level and benefiited all 88 counties in Ohio. Giving Armstrong credit for the additional medicaid $ is quite a stretch.
Sign-in to report abuse
Report abuse
Posted by Missy 09:01 AM, 09/07/2008
bring back topix
Sign-in to report abuse
Report abuse
Post a comment:
Email Address: Password:
Forgot your password?
Register to comment:
Why are we asking you to register? We've made some changes to the Ohio.com commenting system to increase the quality of the user experience and dialogue, and reduce the number of inappropriate or offensive posts. You're now required to have a registered username and account before adding a comment. This will improve the comments for everyone. We apologize for the inconvenience. Join the conversation!
Sign Up Now
Post a comment:
Click here to find out more!
September 08, 2008
Weather Complete Forecast
Click here to find out more!
* News
* Sports
* Business
* Editorial
* Lifestyle
* Entertainment
* Multimedia
* UPublish
* Classifieds
* Obituaries
Click here to find out more!
LOCAL NEWS
* Today's Local News
* Breaking
* Obituaries
* Crime Watch
* Education
* Politics
* Medina County
* Portage County
* Stark County
* Summit County
* Wayne County
* Corrections
COLUMNISTS
* Jewell Cardwell
* Bob Dyer
* David Giffels
* Dennis Willard
NATION/WORLD
* Nation
* World
* AP News
OHIO NEWS
* State News
* Ohio Lottery
* Dennis Willard
PUBLISH YOUR NEWS
* News Story
* Upcoming Event
* School/Education
* Military News
* Social Event
SPECIAL PROJECTS
* Akron's War Dead
* American Dream series
* Natural Gas
* Welcome Home
ARCHIVES
* Beacon Journal
* Historical
* NewsLibrary
* 7-Day Archives
* Photo Reprints
SOAP BOX DERBY
* Full Derby Coverage
SPORTS
* Today's Sports News
* High School
* High school football preview
* Golf (Pro and Amateur)
* Motor Sports
* Olympics
PRO
* Aeros
* Browns
* Cavs
* Gladiators
* Indians
COLLEGE
* Akron Zips
* Kent State
* Ohio State
COLUMNISTS
* Patrick McManamon
* Marla Ridenour
* Sheldon Ocker
* George Thomas
* Brian Windhorst
PUBLISH SPORTS NEWS
* Sports Story
* Upcoming Event
* Read UPublish News
BLOGS
* Akron Aeros
* Akron Zips
* Balanced Ledger
* Browns Bulletin
* Cleveland Browns
* Cleveland Cavaliers
* Cleveland Indians
* Kent State
* Patrick McManamon
* The Sports Blitz
* Varsity Letters
ARCHIVES
* Beacon Journal
* Historical
* NewsLibrary
* 7-Day Archives
* Photo Reprints
BUSINESS
* Today's Business
* Betty Lin-Fisher
* Natural Gas
AP BUSINESS NEWS
* Stocks and Money
PUBLISH NEWS
* On the Move
* Story
* Upcoming Event
REAL ESTATE TRANSFERS
* Database search: 2002 to Present
PROJECTS
* Home Buying Series
ARCHIVES
* Beacon Journal
* Historical
* NewsLibrary
* 7-Day Archives by Section
* Photo Reprints
PUBLIC NOTICES
* Public Notices
* Yellow Pages Search
EDITORIAL INDEX
* Today's Editorial Page
* Editorial Opinions
* Editorial Commentaries
LOCAL COLUMNISTS
* Michael Douglas
* Steve Hoffman
* Laura Ofobike
EDITORIAL CARTOONS
* Chip Bok's BokBluster
VOICE OF THE PEOPLE
* Read Letters to the Editor
* Submit a Letter to the Editor
ARCHIVES
* Beacon Journal
* Historical
* NewsLibrary
* 7-Day Archives by Section
* Photo Reprints
TOPICS
* Lifestyle News
* Books
* Celebrations
* Education
* Family
* Food
* Health
* Home & Garden
* Local History
* Ohio Travel
* Pets
* Religion
* Travel
COLUMNISTS
* Lisa Abraham
* Connie Bloom
* Mary Beth Breckenridge
* Bob Downing
* Kim Hone-McMahan (Sketches)
* Dear Abby
PUBLISH NEWS
* Upcoming Event
* Social Event
* Military News
* School/Education
ARCHIVES
* Beacon Journal
* Historical
* NewsLibrary
* 7-Day Archives by Section
* Photo Reprints
TOPICS
* Entertainment News
* Arts & Culture
* Comics & Games
* Enjoy listings
* Heldenfels' Mailbag
* Horoscopes
* Movies
* Music
* Ohio Travel
* Performing Arts
* Television
COLUMNISTS
* Malcolm X Abram
* Elaine Guregian
* Rich Heldenfels
* Dottie Shinn
* Dear Abby
WHAT TO DO
* Dining
* Events
* Exhibits
BLOGS
* Heldenfiles
* Ohio Travels with Betty
* Sound Check
PUBLISH NEWS
* Upcoming Event
* Story
ARCHIVES
* Beacon Journal
* Historical
* NewsLibrary
* 7-Day Archives by Section
* Photo Reprints
VIDEOS
* View Videos
* Upload a Video
PHOTO GALLERIES
* View Photo Galleries
* Order Photo Reprints
* Upload a Photo
AP VIDEOS
* Caught on Tape
* Science & Tech
* ShowBiz
* Sports
* U.S.
* Top Videos
* World
READER BLOGS
* All Da King's Men
* Blog of Mass Destruction
* Young Professionals Loop
PUBLISH NEWS
* General News
* School and Education
* Sports
* Social Events
* On the Move
* Military News
* Upcoming Event
* Upload a Photo
* Upload a Video
READ NEWS
* Community News by Area and Topic
* School and Education
* Sports
* Social Events
* On the Move
* Military News
* Aeros Best Memory Contest
PUBLISHING GUIDE
* How to Publish News
CARS
* Find a Car
* Sell a Car
* Compare Cars
* Find a Dealer
* Other Transportation
* Research a Vehicle
HOMES
* Find a Home
* Sell a Home
* Commercial Real Estate
* Mortgage Information
* Open Houses
* Real Estate Transfers
RENTALS
* Search Rentals
* Place a Rental Ad
JOBS
* Search Jobs
* Post Jobs
* Upload your Resume
SHOPPING
* Newspaper Ads Online
* Search Local Businesses
* Shop Local
* Special Sections
STUFF
* Buy Stuff
* Sell Stuff
PUBLIC NOTICES
* Public Notices
OBITUARIES
* Search or Browse Obituaries
* Browse Today's Obituaries
* View or Create a Moving Tribute
* Browse Full Text of Today's Obituaries
* View and Sign Guest Books
* Obituary Questions or Problems
Homes Jobs Cars Shopping
Search
About Us | Make Us Your Home Page | RSS
Events Calendar
September 2008
Visit Zvents.com
Su Mo Tu We Th Fr Sa
31 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 1 2 3 4
5 6 7 8 9 10 11
EVENT SEARCH:
==> Submit an Event
In This Section
Officials salute Akron pastor as pillar of faith and wisdom
Candles to glow at Tallmadge Circle
Section lineup change starts today in Beacon
Park's friends open store
Train ride deadline is Oct. 1
HISTORYON WHEELS
Scene
Bath may act today on emergency sirens
State database lists emergency contacts ...
Pesky bedbugs invade shelters
Most Read Stories
24 hrs 7 days
Cavaliers sign second-round pick
What they are saying about Browns
Steptoe is prepared to step in
Patrick McManamon: Random NFL and Browns thoughts
Housing crisis upends kids' lives
Cavaliers brief
Alexander confident he'll find job in NFL
Change of scenery good for Rogers
Zips' simple game plan makes Orange see red
Comics & Games
Complete List >>
24 hrs 7 days
Cavs looking to add big man
Cowboys will face prayerful Browns
Teammates' return no Browns fairy tale
Crash victim is haunted by suspect
George family offers settlement to slain man's son
Pat's Beside the Point: Failing to fill in the blanks
LeBron, prep pals set to hit big screen
Comics & Games
Browns try to regroup before facing Cowboys
UA food fee leaves bad taste
Complete List >>
Blogs:
Akron Law Café:
The Supreme Court at the Tipping Point - Be Sure to Vote
Car Chase:
The Heldenfiles:
The Sporting Life
Patrick McManamon:
Browns lose the opener, and look bad doing it
Browns Bulletin:
Cleveland Browns:
Cleveland Browns v. Dallas Cowboys - Stallworth injured.
Cleveland Indians:
Akron Aeros:
For those tracking the Aeros Saturday…
Akron Zips:
The morning after
Varsity Letters:
Week 3 Football Scoreboard
Kent State Sports:
Singletary suspended and other notes
The Sports Mix:
OSU v. OU: Third Quarter
Ohio Politics:
Ad Watch: Kilroy and Stivers Release New Ads
All Da King's Men:
Palin Derangement Syndrome
Blog of Mass Destruction:
Biden Sums Up GOP Convention
HRLite House:
Request for Publications - Fire, Police, & Job Analysis
Akrocentric:
"Sunflower," a poem by Frank Steele
Akron Gamer:
BokBluster:
Ohio Travels with Betty:
Marilyn asks, when is the pumpkin festival?
Sound Check:
LeRoi Moore, Dave Matthews Band saxophonist dies
Tia's Trends:
ICSC Columbus
Homepage > Local News >
Receipts detail meals, car washes, insurance
By Rick Armon
Beacon Journal staff writer
Published on Sunday, Sep 07, 2008
Summit County MRDD Superintendent Tom Armstrong is meticulous about keeping receipts to back up his expenses.
Note: Armstrong is a respected personality in the Summit County.
In the last three years, he has been paid nearly $32,000 in expenses, ranging from meals to hotel stays to auto repair bills, according to a Beacon Journal review of his expense reports.
The receipts show:
• He has lunch and dinner meetings several times a month. He favors bars and taverns as opposed to high-end restaurants, often eating at places such as the Rusty Bucket Corner Tavern, Fado Irish Pub, Winking Lizard Tavern and Bennigan's.
''I'm not an extravagant guy,'' Armstrong said. ''I'm not trying to wine and dine on the county's dime.''
• The MRDD has a policy of not paying for alcohol. And while receipts often show alcoholic drinks, Armstrong doesn't seek reimbursement for them.
• County government workers aren't reimbursed for travel and meals inside the county. Armstrong is. MRDD is governed by an independent board and supported by a levy, with different rules applying to agency employees.
• Some of Armstrong's lunches and dinners are with board members and MRDD workers. Asked why meetings couldn't take place without billing taxpayers for a meal, board President Linda Bordenkircher and member William Ginter said the expenses are justified.
Lunch or dinner may be the only time available to meet, they said. Many meetings often take place without a meal, they added.
• Taxpayers paid his $750 membership to the NAACP in 2006.
• Armstrong doesn't skimp on car washes. He often has his car washed at the Ultimate Wash & Lube in Hudson and is charged $14. He usually provides a $3 tip — which also is picked up partially by taxpayers.
Armstrong said the washes are a legitimate maintenance expense.
• Taxpayers have paid $1,160 toward his personal auto insurance over the last three years. That expense also is justified, Armstrong said, because he has to pay more for insurance since he uses his vehicle more for work.
• Armstrong has his 2001 Land Rover Discovery II serviced at the Land Rover dealership in Akron. In February 2007, he paid $83 to have three new windshield wipers installed. Taxpayers picked up more than half that cost.
Carolyn Holladay, president of the Weaver Workshop and Support Association, representing 290 MRDD workers, said the union has raised questions about Armstrong's expenses in the past, but their concerns have been ignored.
''The taxpayers are going to be horrified, I think,'' she said.
Rick Armon can be reached at 330-996-3569 or rarmon@thebeaconjournal.com.
Summit County MRDD Superintendent Tom Armstrong is meticulous about keeping receipts to back up his expenses.
In the last three years, he has been paid nearly $32,000 in expenses, ranging from meals to hotel stays to auto repair bills, according to a Beacon Journal review of his expense reports.
The receipts show:
• He has lunch and dinner meetings several times a month. He favors bars and taverns as opposed to high-end restaurants, often eating at places such as the Rusty Bucket Corner Tavern, Fado Irish Pub, Winking Lizard Tavern and Bennigan's.
''I'm not an extravagant guy,'' Armstrong said. ''I'm not trying to wine and dine on the county's dime.''
• The MRDD has a policy of not paying for alcohol. And while receipts often show alcoholic drinks, Armstrong doesn't seek reimbursement for them.
• County government workers aren't reimbursed for travel and meals inside the county. Armstrong is. MRDD is governed by an independent board and supported by a levy, with different rules applying to agency employees.
• Some of Armstrong's lunches and dinners are with board members and MRDD workers. Asked why meetings couldn't take place without billing taxpayers for a meal, board President Linda Bordenkircher and member William Ginter said the expenses are justified.
Lunch or dinner may be the only time available to meet, they said. Many meetings often take place without a meal, they added.
• Taxpayers paid his $750 membership to the NAACP in 2006.
• Armstrong doesn't skimp on car washes. He often has his car washed at the Ultimate Wash & Lube in Hudson and is charged $14. He usually provides a $3 tip — which also is picked up partially by taxpayers.
Armstrong said the washes are a legitimate maintenance expense.
• Taxpayers have paid $1,160 toward his personal auto insurance over the last three years. That expense also is justified, Armstrong said, because he has to pay more for insurance since he uses his vehicle more for work.
• Armstrong has his 2001 Land Rover Discovery II serviced at the Land Rover dealership in Akron. In February 2007, he paid $83 to have three new windshield wipers installed. Taxpayers picked up more than half that cost.
Carolyn Holladay, president of the Weaver Workshop and Support Association, representing 290 MRDD workers, said the union has raised questions about Armstrong's expenses in the past, but their concerns have been ignored.
''The taxpayers are going to be horrified, I think,'' she said.
Rick Armon can be reached at 330-996-3569 or rarmon@thebeaconjournal.com.
Story tools
Email Email Print Print Save Save Reprint Reprint Popular Most Popular Reprint Subscribe
Share this story
AddThis Social Bookmark Button
Comments Click here to post your comments
Posted by alan 04:49 AM, 09/07/2008
Given the success the guy has clearly achieved (great increase in money brought to Summit MRDD during his tenure), the small expense is money well spent. Must be a slow news day to make an issue over a NON-ISSUE...
Sign-in to report abuse
Report abuse
Posted by Dennis 07:20 AM, 09/07/2008
NAACP dues are NOT a Legitimate Expense....it's not necessary to do the job!!! What Fools are running slummit county!
Sign-in to report abuse
Report abuse
Posted by Greg 07:47 AM, 09/07/2008
Increased Medicaid $ resulted from efforts at the State level and benefiited all 88 counties in Ohio. Giving Armstrong credit for the additional medicaid $ is quite a stretch.
Sign-in to report abuse
Report abuse
Posted by Missy 09:01 AM, 09/07/2008
bring back topix
Sign-in to report abuse
Report abuse
Post a comment:
Email Address: Password:
Forgot your password?
Register to comment:
Why are we asking you to register? We've made some changes to the Ohio.com commenting system to increase the quality of the user experience and dialogue, and reduce the number of inappropriate or offensive posts. You're now required to have a registered username and account before adding a comment. This will improve the comments for everyone. We apologize for the inconvenience. Join the conversation!
Sign Up Now
Post a comment:
Click here to find out more!
Tuesday, September 9, 2008
Worst " Alleged" Celebrity Cosmetic Tweaks
Skip navigation
msnbc.com home
*
* MSN Home |
* Mail
* More
o Hotmail
o Messenger
o My MSN
o MSN Directory
o Air Tickets/Travel
o Autos
o Careers & Jobs
o City Guides
o Dating & Personals
o Election 2008
o Games
o Green Living
o Health & Fitness
o Horoscopes
o Lifestyle
o Maps & Directions
o Money
o Movies
o Music
o News
o Real Estate/Rentals
o Shopping
o Spaces
o Sports
o Tech & Gadgets
o TV
o Weather
o White Pages
o Yellow Pages
* Sign In
* msn.com
* featuring
* Today Show
* Nightly News
* Dateline
* Meet the Press
* MSNBC TV
* NBC Sports
* Entertainment
* Celebrities
sponsored by
Categories
U.S. news
World news
Politics
Business
Sports
Entertainment
Gossip
Celebrities
Reality TV
Television
Movies
Music
Arts, books, more
Horoscope
Lottery
Comics, Sudoku
Health
Tech & science
Travel
Weather
Local news
Browse
Video
Photos
Community
Disable Fly-outWhat are flyouts?
* Marketplace
* Credit Score $0at CreditReport.com
* Auto Insurance Quotes
* Start a businessEntrepreneur.com
* Career Centervia Monster
* Homes for Salevia HomePages.com
* Investments $7 online stock trades
* Autosvia MSN Autos
* Shoppingvia MSNBC Shopping
Worst 'alleged' celebrity cosmetic tweaks
By Ree Hines
MSNBC contributor
Michael Jackson
Image: Michael Jackson
Mark Mainz / Getty Images
It just wouldn't be a Tinseltown plastic surgery roundup without Michael Jackson topping the list of the alleged. Appearances aside, the only procedures Michael himself owns up to are a couple of nose jobs and the creation of a cleft chin, which he wrote about in his 1988 memoir, "Moon Walk." Photos tell a very different story. From the looks of things (like his eyes, lips, cheekbones and jaw, for instance), the King of Pop hardly has any untouched facial real estate left.
Note: Cosmetic Surgery's a Fad in the entertainment industry.
Lara Flynn Boyle
Image: Lara Flynn Boyle
Showbizireland / Getty Images
Edging out the expected Meg Ryan entry for the troutiest pout spot (and that's no small feat), is Lara Flynn Boyle. Lara's just a newbie in the world of alleged celebrity overhauls, but she's already making up for lost time. As recently as last year, the actress could be seen looking pretty much like her usual self, but in March of this year she debuted a whole new look featuring a frozen face and a balloonish mouth. The change was so sudden and drastic that many viewers had a hard time even recognizing Lara when she appeared on "Law & Order" this season.
Priscilla Presley
Image: Priscilla Presley
Tammie Arroyo / Associated Press
She was the oldest contestant to ever move across the dance floor on "Dancing With the Stars," but Priscilla Presley's face remained completely still the whole time. The limited motion and lineless look the 63-year-old wears is a result of botched silicone injections. Rather than pretend nothing happened, as is the typical Hollywood habit, Priscilla admits that Dr. Daniel Serrano "worked on" her. The (not-so) good "doctor" supposedly erased the telltale signs of aging by injecting his victims, er, patients with industrial grade silicone. Serrano served some prison time for malpractice, but Priscilla's the one left with the life sentence.
Story continues below ↓advertisement
Mickey Rourke
Image: Mickey Rourke
Valery Hache / AFP/Getty Images
Former '80s heartthrob Mickey Rourke looks remarkable nowadays — in the worst possible way. The actor-turned-boxer-turned-alleged-plastic surgery sucker is barely recognizable from the man who graced the screen in "9 ½ weeks." There's no single feature that stands out as too tweaked, as Mickey's entire face was affected by whatever happened. From his tight eyes to his altered nose to the complete wind-swept look of his face, he's truly a changed man.
Nicole Kidman
Image: Nicole Kidman
Isaac Brekken / AP
According to Nicole Kidman, she doesn't belong on this list. Last year the "Margot at the Wedding" star told Marie Claire, "To be honest, I am completely natural." Despite her oddly wrinkle-free flesh, she added, "I have nothing in my face or anything." Well, her lips say no, but her forehead says yes. Actually, her lips are sending mixed messages. See, Nicole, who's earned the unfortunate moniker "Bat Brow" due to what many suspect is an over-Botoxed brow line, also sports a plumper than usual pucker. Somehow, over the years, her au naturale pencil thin lips have grown to mini-Jolie proportions.
Click for related content
Talk about 'alleged' celeb cosmetic tweaks on Newsvine
Live Vote
Which star has the worst "alleged" cosmetic surgery tweak?
Michael Jackson Lara Flynn Boyle
Priscilla Presley Mickey Rourke
Nicole Kidman Meg Ryan
Joan Rivers Liza Minelli
Demi Moore Victoria Beckham
Ashlee Simpson David Guest
Lil Kim Courtney Love
Tara Reid Cher
Michael Douglas Kenny Rogers
Melanie Griffith LaToya Jackson
Vote to see results
Live Vote
Which star has the worst "alleged" cosmetic surgery tweak? * 65638 responses
Michael Jackson
50% Lara Flynn Boyle
1%
Priscilla Presley
8.6% Mickey Rourke
4.6%
Nicole Kidman
1% Meg Ryan
2.8%
Joan Rivers
7.3% Liza Minelli
0.5%
Demi Moore
0.4% Victoria Beckham
0.9%
Ashlee Simpson
0.4% David Guest
2%
Lil Kim
1.1% Courtney Love
0.6%
Tara Reid
1.3% Cher
1.4%
Michael Douglas
0.4% Kenny Rogers
10%
Melanie Griffith
3.9% LaToya Jackson
0.9%
Not a scientific survey. Click to learn more. Results may not total 100% due to rounding.
© 2008 MSNBC Interactive
* Discuss Story On Newsvine
* Rate Story:
View popularLow
Rate it 0.5
Rate it 1
Rate it 1.5
Rate it 2
Rate it 2.5
Rate it 3
Rate it 3.5
Rate it 4
Rate it 4.5
Rate it 5
High
2.5 after 138 ratings
* Email
* Instant Message
* Print
MORE FROM CELEBRITIES
Celebrities Section Front
Stephen Colbert's DNA to be shot into space
Donny and Marie bring sincere to Sin City
Police say Gary Coleman involved in accident
Tommy Lee Jones sues makers of 'No Country'
'40-Year-Old Virgin' actor charged again
Hulk Hogan claims he's worth $32 million
David Spade fathers Playboy pinup's baby
Man denies killing Kutcher's former girlfriend
Man gets prison for crime at Dunst's hotel
Access Hollywood section
Celebrities Section Front
Add Celebrities headlines to your news reader:
Add to MyMSNAdd to My Yahoo!Subscribe with Bloglines
• More RSS feeds from MSNBC.com
Top msnbc.com stories
Hurricane Ike begins lashing Cuba
Report: Pats' Brady out for season
U.S. to revisit Afghan civilian deaths
Wall St. may cheer Fannie, Freddie bailout
Obama says he regrets abortion answer
NBC News highlights
'Fat mom' loses 127 lbs.
Images from Fashion Week
Biden: Palin a 'smart, tough politician'
Humans to blame for storm season?
Makeover! Pastor ready to 'rock pulpit'
SPONSORED LINKS Get listed here
Sponsored links
Resource guide
Get Your 2008 Credit Score
Click Here!
Save Money On Car Insurance
Click Here!
Find a business to start
Movies delivered - Try free
Click Here!
Search Jobs
Click Here!
Find Your Dream Home
Click Here!
$7 trades, no fee IRAs
Click Here!
Find your next car
.
msnbc.com home
Featuring
* Today
* Nightly News
* Dateline
* Meet the Press
* MSNBC TV
* Newsweek
Categories
* Top stories
* Local news
* U.S.
* World
* Politics
* Business
* Sports
* Entertainment
* Health
* Tech & science
* Travel
* Weather
About
* About us
* Contact
* Site map
* Jobs
* Terms & conditions
Alerts via IM
E-mail updates
RSS & feeds
Mobile headlines
Podcasts
Widgets
* © 2008 Microsoft
* MSN Privacy
* Legal
* Advertise
* Help
msnbc.com home
*
* MSN Home |
* More
o Hotmail
o Messenger
o My MSN
o MSN Directory
o Air Tickets/Travel
o Autos
o Careers & Jobs
o City Guides
o Dating & Personals
o Election 2008
o Games
o Green Living
o Health & Fitness
o Horoscopes
o Lifestyle
o Maps & Directions
o Money
o Movies
o Music
o News
o Real Estate/Rentals
o Shopping
o Spaces
o Sports
o Tech & Gadgets
o TV
o Weather
o White Pages
o Yellow Pages
* Sign In
* msn.com
* featuring
* Today Show
* Nightly News
* Dateline
* Meet the Press
* MSNBC TV
* NBC Sports
* Entertainment
* Celebrities
sponsored by
Categories
U.S. news
World news
Politics
Business
Sports
Entertainment
Gossip
Celebrities
Reality TV
Television
Movies
Music
Arts, books, more
Horoscope
Lottery
Comics, Sudoku
Health
Tech & science
Travel
Weather
Local news
Browse
Video
Photos
Community
Disable Fly-outWhat are flyouts?
* Marketplace
* Credit Score $0at CreditReport.com
* Auto Insurance Quotes
* Start a businessEntrepreneur.com
* Career Centervia Monster
* Homes for Salevia HomePages.com
* Investments $7 online stock trades
* Autosvia MSN Autos
* Shoppingvia MSNBC Shopping
Worst 'alleged' celebrity cosmetic tweaks
By Ree Hines
MSNBC contributor
Michael Jackson
Image: Michael Jackson
Mark Mainz / Getty Images
It just wouldn't be a Tinseltown plastic surgery roundup without Michael Jackson topping the list of the alleged. Appearances aside, the only procedures Michael himself owns up to are a couple of nose jobs and the creation of a cleft chin, which he wrote about in his 1988 memoir, "Moon Walk." Photos tell a very different story. From the looks of things (like his eyes, lips, cheekbones and jaw, for instance), the King of Pop hardly has any untouched facial real estate left.
Note: Cosmetic Surgery's a Fad in the entertainment industry.
Lara Flynn Boyle
Image: Lara Flynn Boyle
Showbizireland / Getty Images
Edging out the expected Meg Ryan entry for the troutiest pout spot (and that's no small feat), is Lara Flynn Boyle. Lara's just a newbie in the world of alleged celebrity overhauls, but she's already making up for lost time. As recently as last year, the actress could be seen looking pretty much like her usual self, but in March of this year she debuted a whole new look featuring a frozen face and a balloonish mouth. The change was so sudden and drastic that many viewers had a hard time even recognizing Lara when she appeared on "Law & Order" this season.
Priscilla Presley
Image: Priscilla Presley
Tammie Arroyo / Associated Press
She was the oldest contestant to ever move across the dance floor on "Dancing With the Stars," but Priscilla Presley's face remained completely still the whole time. The limited motion and lineless look the 63-year-old wears is a result of botched silicone injections. Rather than pretend nothing happened, as is the typical Hollywood habit, Priscilla admits that Dr. Daniel Serrano "worked on" her. The (not-so) good "doctor" supposedly erased the telltale signs of aging by injecting his victims, er, patients with industrial grade silicone. Serrano served some prison time for malpractice, but Priscilla's the one left with the life sentence.
Story continues below ↓advertisement
Mickey Rourke
Image: Mickey Rourke
Valery Hache / AFP/Getty Images
Former '80s heartthrob Mickey Rourke looks remarkable nowadays — in the worst possible way. The actor-turned-boxer-turned-alleged-plastic surgery sucker is barely recognizable from the man who graced the screen in "9 ½ weeks." There's no single feature that stands out as too tweaked, as Mickey's entire face was affected by whatever happened. From his tight eyes to his altered nose to the complete wind-swept look of his face, he's truly a changed man.
Nicole Kidman
Image: Nicole Kidman
Isaac Brekken / AP
According to Nicole Kidman, she doesn't belong on this list. Last year the "Margot at the Wedding" star told Marie Claire, "To be honest, I am completely natural." Despite her oddly wrinkle-free flesh, she added, "I have nothing in my face or anything." Well, her lips say no, but her forehead says yes. Actually, her lips are sending mixed messages. See, Nicole, who's earned the unfortunate moniker "Bat Brow" due to what many suspect is an over-Botoxed brow line, also sports a plumper than usual pucker. Somehow, over the years, her au naturale pencil thin lips have grown to mini-Jolie proportions.
Click for related content
Talk about 'alleged' celeb cosmetic tweaks on Newsvine
Live Vote
Which star has the worst "alleged" cosmetic surgery tweak?
Michael Jackson Lara Flynn Boyle
Priscilla Presley Mickey Rourke
Nicole Kidman Meg Ryan
Joan Rivers Liza Minelli
Demi Moore Victoria Beckham
Ashlee Simpson David Guest
Lil Kim Courtney Love
Tara Reid Cher
Michael Douglas Kenny Rogers
Melanie Griffith LaToya Jackson
Vote to see results
Live Vote
Which star has the worst "alleged" cosmetic surgery tweak? * 65638 responses
Michael Jackson
50% Lara Flynn Boyle
1%
Priscilla Presley
8.6% Mickey Rourke
4.6%
Nicole Kidman
1% Meg Ryan
2.8%
Joan Rivers
7.3% Liza Minelli
0.5%
Demi Moore
0.4% Victoria Beckham
0.9%
Ashlee Simpson
0.4% David Guest
2%
Lil Kim
1.1% Courtney Love
0.6%
Tara Reid
1.3% Cher
1.4%
Michael Douglas
0.4% Kenny Rogers
10%
Melanie Griffith
3.9% LaToya Jackson
0.9%
Not a scientific survey. Click to learn more. Results may not total 100% due to rounding.
© 2008 MSNBC Interactive
* Discuss Story On Newsvine
* Rate Story:
View popularLow
Rate it 0.5
Rate it 1
Rate it 1.5
Rate it 2
Rate it 2.5
Rate it 3
Rate it 3.5
Rate it 4
Rate it 4.5
Rate it 5
High
2.5 after 138 ratings
* Instant Message
MORE FROM CELEBRITIES
Celebrities Section Front
Stephen Colbert's DNA to be shot into space
Donny and Marie bring sincere to Sin City
Police say Gary Coleman involved in accident
Tommy Lee Jones sues makers of 'No Country'
'40-Year-Old Virgin' actor charged again
Hulk Hogan claims he's worth $32 million
David Spade fathers Playboy pinup's baby
Man denies killing Kutcher's former girlfriend
Man gets prison for crime at Dunst's hotel
Access Hollywood section
Celebrities Section Front
Add Celebrities headlines to your news reader:
Add to MyMSNAdd to My Yahoo!Subscribe with Bloglines
• More RSS feeds from MSNBC.com
Top msnbc.com stories
Hurricane Ike begins lashing Cuba
Report: Pats' Brady out for season
U.S. to revisit Afghan civilian deaths
Wall St. may cheer Fannie, Freddie bailout
Obama says he regrets abortion answer
NBC News highlights
'Fat mom' loses 127 lbs.
Images from Fashion Week
Biden: Palin a 'smart, tough politician'
Humans to blame for storm season?
Makeover! Pastor ready to 'rock pulpit'
SPONSORED LINKS Get listed here
Sponsored links
Resource guide
Get Your 2008 Credit Score
Click Here!
Save Money On Car Insurance
Click Here!
Find a business to start
Movies delivered - Try free
Click Here!
Search Jobs
Click Here!
Find Your Dream Home
Click Here!
$7 trades, no fee IRAs
Click Here!
Find your next car
.
msnbc.com home
Featuring
* Today
* Nightly News
* Dateline
* Meet the Press
* MSNBC TV
* Newsweek
Categories
* Top stories
* Local news
* U.S.
* World
* Politics
* Business
* Sports
* Entertainment
* Health
* Tech & science
* Travel
* Weather
About
* About us
* Contact
* Site map
* Jobs
* Terms & conditions
Alerts via IM
E-mail updates
RSS & feeds
Mobile headlines
Podcasts
Widgets
* © 2008 Microsoft
* MSN Privacy
* Legal
* Advertise
* Help
Subscribe to:
Posts (Atom)