Friday, February 26, 2010

Senator Judd Gregg Tells it Like It Is...

US senator warns of ‘financial meltdown’ risk
By Edward Luce in Washington

Published: February 25 2010 22:30



The US is heading for a debt-driven “financial meltdown” within five to seven years, according to Judd Gregg, the outgoing Republican senator for New Hampshire.

In a robust and at times testy video interview for the Financial Times’s View from DC series, Mr Gregg also complimented China for showing rising alarm about the US’s mounting levels of public debt.

We have had China say that they are looking for other places to put their reserves and that is probably a smart decision on their part,” said Mr Gregg, who will not seek re-election in November. “So the warning signs are pretty clear and the path is unsustainable and, at this point, unless we take different actions...

Financial Times of London - FT.com

Wednesday, February 10, 2010

Weather Hyped to the Max!

Does weather need to be hyped? Does it need exaggeration worthy of a carny barker?

Case in point:

Issued by The National Weather Service
Philadelphia, PA
10:55 am EST, Wed., Feb. 10, 2010

A BLIZZARD WARNING REMAINS IN EFFECT UNTIL MIDNIGHT EST TONIGHT.

A COASTAL STORM DEVELOPING OFF THE CENTRAL MID ATLANTIC COAST WILL INTENSIFY EXPLOSIVELY TODAY. ...

Who writes this stuff?