Stories Mexico from September, 2008
To Bailout or not to Bailout?
It’s been 19 days since the Federal Housing Finance Agency became conservators of GSE’s Fannie Mae and Freddie Mac; Eleven days since Bank of America purchased Merrill Lynch for the “bargain†price of $50 million dollars and holding company Lehman Brothers had to file for bankruptcy; Ten days since the Federal Reserve spent $85 billion to rescue insurance corporation American International Group; Less than 24 hours since the FDIC seized bank Washington Mutual Inc., and sold its assets to JPMorgan Chase for $1.9bn; and nine days since the U.S. administration first proposed a Wall Street bailout of nearly $700bn. Following are some blog reactions from around the world.
Global: Obama’s record-breaking fund raising effort
Democratic presidential nominee Barack Obama broke yet another record – raising over $66 million in August with about 500,000 new donors. International bloggers react.
Global: Blogging about Todd Palin's Subpoena
Sarah Palin’s main man, Todd Palin, may be subpoenaed to speak about the firing of Alaska’s public safety commissioner, Walter Monegan. According to recent reports, Monegan believes his release was brought upon him because of his refusal to fire trooper Mike Wooten, Palin’s former brother-in-law. World bloggers used the weekend to soak in the news and write their thoughts.
Global: Palin pushes McCain up the Gallup Poll ladder
It’s been a week since the Republican National Convention and statistics are showing the convention worked in Republican nominee John McCain’s favor. The Gallup Poll recently released scores showing that 48 per cent of registered voters would elect McCain over 45pc for Democratic presidential nominee Barack Obama. For three of the world’s bloggers, the results didn’t come as a surprise after viewing both the Democratic and Republican Conventions.
