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Five family members killed in Manhattan blaze
Sun, 12 Oct 2008 18:27:34 -0000
A family of five, including three children as young as 15 months, died in a blaze that filled an apartment with thick black smoke ...
Gas prices drop sharply across U.S.
Sun, 12 Oct 2008 20:19:14 -0000
A national survey shows gas prices tumbled 35 cents in the last two weeks, following price declines in world oil markets. The ...
Fire burns 750 acres northeast of Los Angeles
Sun, 12 Oct 2008 20:31:57 -0000
Firefighters backed by water-dumping helicopters and planes gained ground Sunday on a wildfire that destroyed two homes and forced ...
About 2,500 OK'd to return home after Pa. chemical leak
Sun, 12 Oct 2008 12:36:25 -0000
A corrosive liquid overflowed from a tank at a chemical plant in western Pennsylvania on Saturday, evaporating into a toxic cloud ...
Former astronaut Alan Bean embarks on artistic voyage
Sun, 12 Oct 2008 01:43:36 -0000
Alan Bean always had a creative streak: as a child, tinkering with his model airplanes until they became perfect little replicas ...
Hundreds battle wildfire in California's Napa Valley
Sat, 11 Oct 2008 23:55:14 -0000
Hundreds of firefighters are battling a fast-growing wildfire that is threatening homes and wineries in California's Napa Valley.

The Economist: United States

California's budget : No money to pay the bills
Thu, 09 Oct 2008 11:48:13 -0000
The state’s finances are worsening by the dayTWO weeks ago Arnold Schwarzenegger, California’s governor, signed a state budget that was a record 85 days late. Much cajoling and bullying was required to get it to his desk. At one point the governor threatened to pay state bureaucrats the minimum wage; at another he promised to veto every bill he saw. Few like the end result, which involves spending cuts and a good deal of what John Chiang, the state controller, described as “Enron-style accounting tricks”. And yet it became clear this week that the budget is hopelessly optimistic and will almost certainly have to be renegotiated. The world’s eighth biggest economy has two problems, both stemming from the economic downturn. First, it is finding it hard to raise enough money to pay the bills. Under normal circumstances the state would sell $7 billion in bonds to tide it through until April, when income taxes flood in. Thanks in part to the delayed budget, the state has been forced to go to the bond markets at a time when investors are wary of everything but Treasury notes. ...
The candidates at home (2): Mean streets
Thu, 09 Oct 2008 11:48:13 -0000
The Democrat’s most vulnerable point is also his strongest base“BARACK OBAMA, born of the corrupt Chicago political machine”, begins a sinister voice in a McCain advertisement. Among the Democrat’s “friends from Chicago”, Sarah Palin tells crowds, is a former violent radical, William Ayers. Mrs Palin also says that Republicans should highlight another Chicagoan, Mr Obama’s divisive former pastor, Jeremiah Wright. Chicago, for better or worse, is a principal part of the McCain campaign’s effort to bring Mr Obama down. Chicago itself remains the centre of efforts to lift him up. This is not just because nomadic campaign staffers have claimed every sofa in the city. Most Chicagoans love Mr Obama. Linda Randle, one of his biggest fans, met him in 1986 when she was living in public housing and he was a young organiser. Today she owns more than 20 Obama T-shirts and has campaign signs taped to her windows. “I always thought he was going to be the greatest civil-rights lawyer,” she says, “but I don’t have a problem with him being president.” ...
The bail-out bill: Someone to watch over me
Thu, 09 Oct 2008 11:48:13 -0000
The bail-out law brings more oversight of the Fed and the financial systemTHE 451-page bail-out bill passed by Congress on October 3rd contained reams of extraneous stuff, ranging from $150 billion in tax breaks to increased insurance cover for mental illness. No surprise there. It also includes two little-noticed provisions that portend closer oversight of the financial system and of its single biggest player, the Federal Reserve. The law orders up two reports on regulatory overhaul. The first, by a congressional panel created to monitor exactly how the Treasury is to spend up to $700 billion on mortgage assets and stakes in financial companies, is due by January 20th 2009, the date of the next president’s inauguration. The second, to be written by the next treasury secretary, is due on April 30th. ...
The candidates at home (1): A moderate among hotheads
Thu, 09 Oct 2008 11:48:13 -0000
Why Arizonans aren’t as keen as they might be on John McCainIN A Paradise Valley shopping mall, Martin Dunleavy takes a break from the scorching Arizona sun. He is wearing a cap emblazoned with an eagle and an American flag, and describes himself as somewhat conservative. He adores Sarah Palin, whom he describes as “every man’s woman”. How about John McCain, Arizona ’s senior senator and the state’s first plausible presidential candidate since Barry Goldwater in 1964? Mr Dunleavy shakes his head: “You just can’t trust McCain.”Nobody besides a few excitable Democrats believes John McCain will lose Arizona. Presidential candidates nearly always carry their home states. But Mr McCain is less popular at home than one might expect. On February 5th he won less than half of the vote in Arizona’s Republican primary. A state poll conducted two weeks ago put him seven points ahead of Barack Obama. It is hardly an overwhelming lead in a state that has voted for a Democratic president only once since 1948. ...
The economy and the election: It’s an ill wind
Thu, 09 Oct 2008 11:48:13 -0000
As the economy sags, Barack Obama’s electoral prospects soarIN A small town in Pennsylvania, where the liquor store is called “Beer World”, the mini-golf course has a Statue of Liberty hole and a sign boasts that this is the “21st best town in the US”, Barack Obama is making a speech. The latest unemployment statistics have just been released, and they are grim. It is the day after the vice-presidential debate, during which Sarah Palin accused the Democrats of wanting to impose job-killing tax hikes on business. “Just since January, we’ve lost more than 750,000 jobs across America, 7,000 in Pennsylvania alone,” says Mr Obama. “So when Senator [John] McCain and his running-mate talk about job-killing, that’s something they know a thing or two about. Because the policies they’re supporting are killing jobs every single day.” ...
Swing states: Indiana: Hoosier Daddy?
Thu, 09 Oct 2008 11:48:13 -0000
A state that dislikes change may contemplate it after allAT MIDDAY in downtown Indianapolis, Kathy Vari leads 50 schoolchildren out of the City-County Building, each wearing a sticker reading “I voted”. It is the first day of early voting in Indiana, and students from the elementary school in Lawrence Township—a political battleground on the suburban fringe—are on a field trip to see the newly opened polling place. They even fill out ballots. The results? Twenty five vote for John McCain, 25 for Barack Obama. That, says Ms Vari, is about what it feels like in Indiana these days. To many Americans, Indiana conjures up images of corner churches, high-school basketball and endless fields of maize. It is whiter, a bit less educated and slightly poorer than America at large, and perhaps most famous for the Indianapolis 500, a huge car race. “They don’t like change very much” in Indiana, explains John Hurt, a resident of Martinsville, a small town south-west of Indianapolis lobbying to get a proposed interstate highway diverted away from its shuttered main street. ...

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