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Articles Archive for 5 October 2008

Election08, Politics »

[5 Oct 2008 | Comments Off | ]

Via Talking Points Memo, I see that Joe McCain, John McCain’s brother, referred to two Northern Virginia counties as “communist country” at a campaign stop earlier today.
Joe McCain, speaking at an event in support of his brother, called two Democratic-leaning areas in Northern Virginia “communist country,” according to a report on The Washington Post’s Web site.
“I’ve lived here for at least 10 years and before that about every third duty I was in either Arlington or Alexandria, up in communist country,” Joe McCain said at an event in Loudon County, …

Economy, Society & World »

[5 Oct 2008 | 2 Comments | ]

Things are not looking good for Iceland. Paul Krugman mentioned last week that the country’s government had performed its own bank bailout to the tune of $859 million (adjusted to the small population size, that is equivalent to $850 billion). The government asked for a 75% stake in the equity of that bank in return. But the bailout might not help much in the long run as the beleaguered country sinks into the waves of the global credit crisis. 
Iceland is on the brink of collapse. Inflation and interest rates are …

Military, Society & World »

[5 Oct 2008 | Comments Off | ]

Though the motive remains a mystery, charges have been filed in the deaths of two soldiers shot by a member of their own squad on an Army control base in Iraq. Sgt. Joseph Bozicevich, 39, is accused of shooting down Army Staff Sgt. Darris Dawson, 24, and Sgt. Wesley Durbin, 26, during a meeting on September 14th that concerned Bozicevich’s leadership performance.  The three men belonged to the 4th Brigade Combat Team of the 3rd Infantry Division. Bozicevich and Durbin were team leaders while Dawson was their superior squad leader. 
Bozicevich …