Dow Takes a Dive, Gaybusters Busted

 Diving Dow: The Dow Jones is slightly down again this morning after a 353-point drop yesterday. A kneejerk selloff followed the Fed announcement that it will start raising interest rates later this year. That made for a 556-point dive in two days. Markets also reacted to word that Chinese banks were becoming reluctant to loan to each other, a sign of economic slowdown. The Chinese government eased credit today.

NBA Final: LeBron James led with 37 points as The Miami Heat beat San Antonio 95-88 to take their second straight NBA title. 

National: Southern cooking belle Paula Deen is under the broiler for having admitted in a racial discrimination lawsuit that she used to use the so-called “N-word”.  She said, “Yes, of course. … But that’s just not a word that we use as time has gone on.”

  • The FBI this week failed to find Jimmy Hoffa in a Michigan field, but did find human remains at the former home of Long Island mobster “Jimmy the Gent” Burke, who was involved in the infamous 1978 Lufthansa heist.

Trump Jump: Three parachutists broke onto the roof of the Trump tower in Chicago and jumped from the 1,389 foot building at about 12:30 AM, Thursday. Surveillance photos show the young men climbing the stairs, one of them wearing a white shirt and tie for the occasion.

World: As many as half a million Brazilians filled the streets of 80 cities protesting corruption and demanding better government services. The crowd reached 300,000 in Rio de Janeiro and riot police fired teargas.

  • Air pollution in Singapore reached a record level of 371 Thursday, according to the government’s own measurement index. A level of 300 is considered unhealthy. The city-state is clouded by smoke from a giant forest fire on the Indonesian island of Sumatra.

Gaybusters Bust: A Christian group that claimed homosexuals could be “cured” with prayer and psychotherapy announced it is disbanding. Exodus International was based on the belief that people choose their sexual orientation rather than being born with it. Critics said the treatment didn’t work and could actually do harm. The group was also up against increased acceptance of homosexuality and gay marriage.

The Obit Page: The NY Giants great punter Dave Jennings died of effects of Parkinson’s disease at 61. His “coffin corner” kicks that went out of bounds just feet from the goal line changed how punters are judged. After Jennings, kickers were evaluated not just for length of kicks, but also for how close they pinned the opposition to their own goal.

-30-

Sunday, December 22, 2024

Page Two

Subscribe and Read

Thursday, October 31, 2024

The Most Corrupt Justice

Monday, October 2, 2023

Democracy and Video in the Dark

Sunday, February 26, 2023

Page Two: Do the Right Thing

Tuesday, February 1, 2022

Page Two: Sound Recall

Monday, September 13, 2021

Page Two: Cuomo Must Go

Friday, August 13, 2021

Trump and the Truth

Tuesday, November 3, 2020

The “Great” President

Monday, March 30, 2020

It's Been Said

"Christians, get out and vote, just this time. You won't have to do it anymore. Four more years, you know what, it will be fixed, it will be fine, you won't have to vote anymore, my beautiful Christians. I love you Christians. I'm a Christian. I love you, get out, you gotta get out and vote. In four years, you don't have to vote again, we'll have it fixed so good you're not going to have to vote."

  • Donald Trump courting the vote of the Christian right

Leave a Reply

Your email address will not be published. Required fields are marked *