The advocates for nationalizing U.S. banks have been out in force recently. Senator Lindsay Graham, who almost certainly does not have a PhD in economics or finance told ABC News that banks were in such deep trouble that government ownership of the institutions may be the only way to save the financial system
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For many Chinese, literary dreams go online
If it weren’t for the Internet, Murong Xuecun might still be working as a sales manager at a car company in the southern Chinese city of Chengdu. That is what he was doing when he started writing his first novel on his office’s online bulletin board system back in 2001
Reporter’s Notebook: Visiting Lincoln’s Springfield
The best thing and the worst thing about Springfield is the same: the location. Middle of Illinois, which is not far from the middle of nowhere.
How to Fix the Housing Market
Here’s a thought: let’s have the government do something to fix the housing market. Now what would that be? Ideas are flying around Washington.
Recovering bodies from plane crash may take days, NTSB says
Recovering all the bodies from Thursday’s deadly passenger plane crash may take four days as investigators work through freezing temperatures and piles of wreckage, a federal transportation official said Saturday.
Obama planning ambitious road ahead
Fresh off victory on President Obama’s signature $787 billion economic recovery plan, several top White House aides say they’re planning an ambitious agenda for the rest of February. The Senate had waited for the return of Democrat Sherrod Brown, who was returning from his mother’s wake in his home state of Ohio, to close the voting late Friday. For the rest of the month, the White House agenda will focus on addressing the housing crisis, cleaning up the banking mess and laying the groundwork for reform of the health care system and entitlement programs like Medicare.
Google tests home energy-use tracker
You can manage your bank balance and social life on the Internet and very soon you will be able to manage your electricity consumption online.
Witnesses saw and heard plane going down
The plane that crashed Thursday night near Buffalo, New York, had its nose down and wings tilted to the left just before impact, a witness told CNN on Friday morning. “The plane was nose down — not as steep as is being reported but steep enough that it didn’t look right,” said Tony Tatro, who lives next to the crash site in Clarence Center.
50 killed in crash as plane hits Buffalo house
A Continental Airlines plane crashed into a house near Buffalo, New York, late Thursday, killing all 49 people aboard and a person in the home, authorities said.
Plane crashes into suburban Buffalo home; 49 killed
A Continental Airlines plane crashed into a home near Buffalo, New York, late Thursday, killing 44 passengers and four crew members on board, according to New York State police. Authorities said one person in the Clarence Center, New York, home was also killed. Four people were injured at the crash site, including a mother and daughter inside the house that was hit.