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Economic crisis can’t be solved overnight: Bush

On the eve of the crucial G-20 summit on the current financial crisis, US President George Bush acknowledged on Thursday that the global economic meltdown can’t be solved overnight and called for decisive action from governments around the world.

“This crisis did not develop overnight, and it will not be solved overnight. But our actions are having an impact,” Bush said while addressing the prestigious Manhattan Institute in New York on ‘Financial Markets and the World Economy’.

Bush, who is the host of the G-20 summit in Washington over the weekend, said in addition to addressing the current economic crisis it is also essential for the world leaders to make broader reforms to strengthen the global economy over the long term.

Arguing that nations must make their financial markets more transparent, like improving accounting rules for securities, the US president also emphasised on the need to ensure that markets, firms and financial products are properly regulated.

“By bringing greater stability to this large and important sector, we would reduce the risk to our overall financial system,” he said, and called for enhancing the integrity of the financial markets.

For example, authorities in every nation should take a fresh look at the rules governing market manipulation and fraud, and ensure that investors are properly protected, he said.

Observing that all these steps require decisive actions from the governments of the world, Bush said: “At the same time, we must recognise that government intervention is not a cure-all.”

Fed cuts rates by 0.5 percentage points

For example, some blame the crisis on insufficient regulation of the American mortgage market. But many European countries had much more extensive regulations and still experienced problems almost identical to our own, he said.

History has shown that the greater threat to economic prosperity is not too little government involvement in the market – but too much, Bush said, adding: “Our aim should not be more government – it should be smarter government.”

Making a case for free market in the wake of growing criticism against it, Bush said: “While reforms in the financial sector are essential, the long-term solution to today’s problems is sustained economic growth. And the surest path to that growth is free markets and free people.”

The crisis, Bush argued, is not a failure of the free market system. The answer was not to try to reinvent that system but to fix its problems, he said.
“It is to fix the problems we face, make the reforms we need, and move forward with the free market principles that have delivered prosperity and hope to people around the world,” Bush said.


November 13, 2008 Posted by | Finance, News, Politics | , | 1 Comment

Police: No gunfire at Virginia Tech dorm 2 hours ago

Virginia Tech police say there were no gunshots fired near a residence hall on campus.

Authorities locked down a dorm Thursday afternoon after two people reported hearing something that sounded like gunfire. Police are still investigating.

A university spokesman said the sounds may have come from a construction site nearby.

Police from Virginia Tech and nearby departments searched every room of Pritchard Hall, a dorm on the Blacksburg campus that is home to 1,000 students. No one was allowed in or out of the dorm, but the entire campus was not locked down.

In 2007, 32 people were killed by a gunman on campus who later killed himself.

November 13, 2008 Posted by | News | , , , , | Leave a comment

Instead of Wikipedia – may I present…..CHICKAPEDIA

Chickipedia is the world’s largest web-based, women-based, wiki-based database of hot chicks on the planet. It is entirely user generated, making it the first female-only encyclopedia of the people, by the people, and for the people. All you have to do is have access to the internet, log on, go to our “Add New Chick” link, and voila—you can create a new article, or revise an existing one. Just be sure to do so within our guidelines or risk being spanked. Hard.

November 13, 2008 Posted by | Computer, Entertaintment, News | , , , , | Leave a comment

Pregnant Man Thomas Beatie Is Pregnant Again

With the world abuzz of the news of his second pregnancy, Thomas Beatie tells the definitive story of his first pregnancy this Tuesday on Discovery Health. Discovery Health presents the only documentary featuring professional footage of Thomas and his wife, Nancy, through the final weeks of his first pregnancy, the landmark birth of their first child and their eventual return home. PREGNANT MAN premieres Tuesday, November 18, at 9:00 PM ET/PT on Discovery Health. In addition, an encore presentation of PREGNANT MAN will air the following day, Wednesday, November 19, at 10:00 PM ET/PT.

PREGNANT MAN provides the only all-access look inside the everyday household of America’s most unconventionally conventional family. Originally born female, Thomas, 34, underwent multiple medical treatments to biologically, socially and legally re-identify as a man. After marrying, the couple decided to start a family, but Nancy was unable to have children. Faced with this reality, Thomas made the unprecedented decision to suspend his testosterone treatments in hopes of becoming pregnant. Following successful artificial insemination, he gave birth to a healthy baby girl in June 2008.
Since announcing Thomas’ pregnancy on national television, the Beaties have become a worldwide media obsession. Seeking to satisfy an insatiable public curiosity, journalists from countless countries have requested interviews and pictures of the family. The Beaties have ignited nonstop conversation and interest among everyday people from all walks of life — some extremely supportive of the family, and others outraged at what they interpret as disregard for familial and societal norms.
In PREGNANT MAN, Thomas and Nancy welcome viewers into their idyllic suburban world in scenic Bend, Ore. Before Thomas’ pregnancy, the Beaties looked and acted just like any other married couple in the neighborhood — but once the world learned of Thomas’ news, their charming Pacific Northwest town became the center of a global media storm. Constantly pursued by the press, Thomas and Nancy are barely able to leave their house to go to work each morning. Meanwhile, their neighbors are left to ponder the couple next door that is both drastically different yet strikingly similar to them. PREGNANT MAN is an engrossing examination of family, gender and tolerance in America today.

November 13, 2008 Posted by | Entertaintment, News | , , , , | 1 Comment

Who is Vince DeMentri?

Vince DeMentri was an anchorman and reporter for the NBC owned-and-operated television station WCAU in Philadelphia, Pennsylvania. There he was the anchor of NBC 10 News at 4 and the weekday edition of MyPHL News at Ten Powered by NBC 10. He is married to Pat James DeMentri, a morning show hostess for QVC, and has one daughter. DeMentri appeared in the 1998 film U.S. Marshals as a reporter.

DeMentri graduated from Temple University with a B.A. in broadcast journalism. He began his career as a sportscaster for WPVI-TV in Philadelphia and worked for WOI-TV as a weekend anchor in 1989. He was later an investigative reporter for WDIV-TV in Detroit, Michigan and WPRI-TV in Providence, Rhode Island. DeMentri worked for WCBS-TV from 1993 to 2002. He joined WCAU in 2003. DeMentri has won several awards, including seven Emmys for investigative reporting and a National Edward R. Murrow Award for his reporting on the September 11, 2001 attacks on the World Trade Center.

On September 13, 2001, while covering the aftermath of the World Trade Center attacks, DeMentri was arrested for impersonating an agent of the Bureau of Alcohol, Tobacco and Firearms in order to pass a police barricade while dressed in an ATF hat and jacket. The charge was later reduced to trespassing and later dismissed.

In July 2006, NBC10 suspended DeMentri, presumably for an incident between him and Glenn “Hurricane” Schwartz. Schwartz had implored viewers not to act like Dementri in the wake of early July’s flooding: Dementri had waded into dangerously deep flood waters. According to witnesses, Dementri, apparently upset about the incident, arrived back at the station where he confronted Schwartz and an altercation occurred, necessitating intervention from Doug Kammerer.

Dementri was fired from NBC10 in August 2008 for alledgedly vandalizing a co-worker’s vehicle and stealing possessions from morning anchor Lori Delgado.

November 13, 2008 Posted by | Entertaintment, News, Sports | , , , , | 1 Comment

Guyana Tragedy Revisited

It’s been 30 years since a great tragedy occurred in Guyana. In 1978 918 followers of Jim Jones died after swallowing a Kool-aid which contained cyanide. The event was the origin of the term “drinking the Kool-aid” to describe close adherents of dogma.

Both MSNBC and CNN are revisiting the subject 30 years later.

Tonight CNN is launching “Escape from Jonestown” where they look at what happened in Guyana with the ‘People’s Temple.’

That’s quite a bit of attention on an extremely disturbing moment in religious history.

November 13, 2008 Posted by | Uncategorized | , , , , | Leave a comment

Man Circumcises Sons With Utility Knife

Investigators say a man has been charged with child abuse in Caldwell County for circumcising his two infant sons with a utility knife.

Johnny Eric Marlowe, 32, pleaded no contest to more than a dozen counts of child neglect and one count of assaulting his wife. “I’d rather just take the maximum and let it go,” Marlowe said to the judge, reports CBS News affiliate WBTV in Charlotte.

Authorities said Marlowe fathered children with his legal wife and another woman who lives in their home. One gave birth to a boy at their home in the rural Kings Creek community in November 2005, and the other gave birth to a boy there four months later.

The Associated Press reported that Marlowe had a total of 11 children with the two women, but WBTV reports that he is actually the father of 12.

Marlowe’s wife, Amber, tried to tell the judge that her husband was married to another women at the same time and they all lived together in a very small house, the station reports.

Caldwell County Sheriff’s Detective Shelly Hartley said Marlowe denied the women prenatal care in both cases and circumcised the boys when they were 8 days old.

Police reports indicate that Marlowe used a utility knife and one of the boys bled extensively, reports WBTV.

Marlowe said in 2004, doctors at a Pennsylvania hospital tried to force Amber to have a C-section, which Marlowe opposed, the station reports.

The doctors even went to court to try and get legal guardianship of Marlowe’s unborn daughter.

The story made national news, but Marlowe won the case. Amber gave birth without complications at another hospital.

Marlowe later moved to Gaston County and is serving a 150-day jail sentence there on charges of resisting a public officer, assault on a female and multiple counts of child neglect.

© MMVIII, CBS Interactive Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.

November 13, 2008 Posted by | News | , , , , | Leave a comment

Short Bio of Tatum O’Neal

Tatum Beatrice O’Neal (born November 5, 1963 in Los Angeles, California) is an Academy Award-winning American actress best known for her film work as a child actress in the 1970s. She remains the youngest actor, at the age of 10, to win a contended Oscar.

atum O’Neal was born into the motion picture family of actor Ryan O’Neal and actress Joanna Cook Moore. Her brother, Griffin, was born in 1964. In 1967, her parents divorced. Her father married actress Leigh Taylor-Young, a marriage which produced her half-brother, Patrick. She also has another half-brother, Redmond, from Ryan O’Neal’s relationship with actress Farrah Fawcett. Tatum’s mother died in 1997 of lung cancer at age 63, after a career in which she had appeared in such movies as Touch of Evil.

In 1974, Tatum O’Neal became the youngest person ever to win a contended Academy Award, a record that still stands as of 2008. She won the Academy Award for Best Supporting Actress and the Golden Globe Award for New Star Of The Year – Actress for her performance in Paper Moon. O’Neal played the role of Addie Loggins, a child con artist being tutored by a Depression-era grifter played by her father, Ryan. She was 10 years old at the time she won the award.

Other movies in which O’Neal appeared include The Bad News Bears, Nickelodeon, International Velvet, and Little Darlings. She appeared as the title character in the Faerie Tale Theatre episode Goldilocks and the Three Bears. Her acting career took a backseat to her marriage to John McEnroe, the professional tennis player, for many years, but in 2005 she began a recurring role as Maggie Gavin on the firehouse drama series Rescue Me, portraying the unbalanced and lively sister of Tommy Gavin, played by Denis Leary. O’Neal’s character is married to a firefighter in her brother’s firehouse.

In January 2006, she participated in the second season of ABC’s reality series Dancing with the Stars but was eliminated in the second round. She went on to do commentary for the series on Entertainment Tonight.

From 2006 to early 2007, Tatum starred as the vindictive and psychotic Blythe Hunter in the My Network TV prime-time drama Wicked Wicked Games. She appears opposite Nashawn Kearse and Vanessa L. Williams in the Liberty Artists feature film My Brother (2007).

November 13, 2008 Posted by | Entertaintment | , , , , | Leave a comment

Lipstick Jungle Cancelled

Lipstick Jungle

NBC just cancelled two of it’s biggest shows – Brooke ShieldsLipstick Jungle and Christian Slater‘s My Own Worst Enemy.

After the numbers plummeted from the premiere episode, My Own Worst Enemy is currently filming the ninth of the 13 episodes ordered. The ninth episode is now expected to be the last episode.

Based on Candace Bushnell‘s book, Lipstick jungle filmed all 13 episodes, but after viewers started dropping off, they were moved from their Wednesday night slot to Friday – a death sentence for many shows. There has been no word on how NBC will fill these now vacant time slots.

Yesterday, Fox cancelled it’s longest-running show Mad TV, while the drama Pushing Daisies is also in trouble.

November 13, 2008 Posted by | Entertaintment, News | , , , , | Leave a comment

Newest SNL Castmember Already Well-Versed in Political Humor

Meet Michaela Watkins, newest member of the SNL troupe, doing her Arianna impression. And ha! It’s pretty good. Especially how she incorporated her dorm room or whatever into her audition tape.

But if Lorne Michaels was going the political route for the rest of the season and trying to keep cashing in on the post-election viewership, why not hire a guy who looks reasonably like Obama? Not that there is anything wrong with Fred Armisen, but he just plays it so straight, and it brings up that issue of how do you make fun of a guy who represents real change and hope for our country? Blah bah. You guys know what I’m talking about.But hey, at least Michaela will make a good Michelle Obama? And her Arianna is still way better than Tracy Ullman’s.

November 13, 2008 Posted by | Entertaintment | , , , , | Leave a comment