Politicians battle to salvage bailout
By Emmanuel Parisse
US politicians are grappling to set aside political divisions and the distractions of the White House race to hammer out a $US700 billion ($840bn) Wall Street bailout and reassure jittery markets.
By early today (AEST), politicians were still debating after the Senate's Democratic majority leader, Harry Reid, vowed Congress would stay in session, and not adjourn ahead of the November 4 elections, until the deal was done.
Democrats were upbeat after their eighth straight day of talks, with Speaker Nancy Pelosi saying they would get a draft deal "that will be signed by the president and we will be working through the weekend to achieve that end". - If Obama hadn't wanted to grandstand during a debate, the Dems might have passed the measures already. - ed.
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'School to blame' for muck-up day rampage
ZERO tolerance of muck-up day at a prestigious boys school has been blamed for a student rebellion. - the outrageous situation is not the fault of the school, but some over indulged boys. - ed.
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Obama, McCain in head-to-head debate
WHITE House hopefuls Republican John McCain and Democrat Barack Obama launched into their first eagerly awaited debate today, capping a rollercoaster week in American politics.
"Good evening," said journalist Jim Lehrer, moderating his 11th presidential debate at the start of the McCain-Obama clash in the University of Mississippi. - now, maybe the Dems will allow the bills to pass congress. - ed.
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Kevin Rudd ignored on world stage
Kevin Rudd went to New York to learn more about the financial crisis gripping the globe but has ended up prescribing a reform plan to help world leaders fix the problem. -So much has been attributed to Rudd in this article that one might think he has said something or done something. In fact he has prescribed nothing. He has warned of nothing that isn't happening. Been critical of no one and presented no strategy. He states hare brained ideas like licensing institutions .. won't people be happy to learn that banks could lose their license and deposits? He did not even win Clinton's backing .. he already had it. He might be competitive .. on a different race track.- ed.
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$12b a year in drug money going out
As much as $12 billion in illicit drug money is flowing out of Australia on an annual basis, the country's most powerful crime fighting agency says.
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Rail services to be slashed in Sydney
Rail commuters living in Ryde are expected to have half their services slashed and face longer trips into the city. -Yet another way that the NSW govt targets wealthy people without getting more money or introducing better service anywhere else. What is the bet no government members live that way? - ed.
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Weapons cache discovered in Sydney's south
Amie Meehan
A cache of illegal weapons, including knuckle dusters and knives have been seized during a raid on a Mascot property.
An anonymous tip-off to the Crime Stoppers hotline has led police to the Kent Road address, where police and Customs officers made the discovery.
George Khamo from police headquarters says the weapons have been linked back to a website selling the illegal merchandise. - now what are the schools supposed to do on muck up day? -ed.
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