johnhanblog

Capitol clout funnels funding home
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For decades, senior members of the appropriations committees from both
parties
have used "earmarks" - money for specific projects or programs added to
spending bills at a lawmaker's request - to direct federal money to
their home
states. A USA TODAY analysis of a White House budget office database
released
this month illustrates the clout of top appropriators.

Execute bin Laden? Nations differ on answer
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The bulk of Americans and a slim majority in Mexico want Osama bin Laden
executed if caught, but most people in seven other countries would
rather he spend life or many years in prison, an AP-Ipsos poll says.

Border storms' death toll rises to 10
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All residents were accounted for after U.S. Border Patrol agents and
rescuers picked through smashed homes, schools and trailers outside the
South Texas town of Eagle Pass on Wednesday. Tornadoes that ripped
through the area killed
10 people in this border town and in Mexico.

MONEY

Minorities hit hard by rising costs of subprime loans
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Charles Davis bought his home on the South Side of Chicago in 2003 using
adjustable-rate, high-interest loans and betting an improving economy
would
help him handle rising payments ahead. Things didn't go as planned.

Dow today: 13,000 and counting?
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The Dow Jones industrial average shot past 13,000 for the first time
Wednesday as stronger-than-expected earnings reports streamed in,
suggesting to investors that business is successfully weathering the
cooling economy.

# posted by John @ 4/26/2007 09:26:00 AM