by lhay_knews
Prior to the start of the school year, a parent very wisely asked me to write an article which essentially responds to the following question - "How can a Christian effectively respond to ‘Walking with Dinosaurs: The Life Experience,' a traveling stage show which depicts dinosaurs as they lived prior to extinction?"
The "Walking with Dinosaurs" production is described by the producers as a "dazzling arena spectacle of unprecedented size and quality," and it is scheduled in Des Moines for October 1-5 at the Iowa Events Center.
What's the rub?! Why any controversy?! Dinosaurs are cool! Dinosaurs fascinate people, particularly schoolchildren. "There's no harm in studying dinosaurs," you might say.
by Art Smith
It probably comes as no big surprise that Wells Fargo (WFC), one of the largest banking concerns in the US, well diversified in financial products across deposits, lending, credit cards, sales finance, and a smart mortgage originator, announced Friday that they had made a deal to purchase the entire Wachovia package for $15.4 Billion. The surprise comes with the fact it was five days late. The deal undercuts CitiGroup's (C) announced purchased of part of the Wachovia (WB) operation, and does what CitiGroup could not do: completes the deal without Federal Funding.
I was shocked when I heard, since Wells had originally participated in negotiations last weekend along with CitiGroup. Wells evidently was able to use the week, in which a contract had not yet been signed, to perform additional due diligence, and came up with an offer Thursday evening.
by Fersboo
If you’ve not read Daniel Henninger’s column in the October 2, 2008 edition of The Wall Street Journal, I encourage you to. In this column, Mr. Henninger defines the term “moral hazard”, particularly as it relates to Wall Street, Fannie Mae...
by Art Smith
Talking Heads: No visible means of support and you have not seen nuthin yet ~ ~ ~ ~ ~ The House of Representatives today passed the Senate version of the $700 Billion Bail-out. For now, it’s over. Bush signed the bill shortly after the vote, and we have not...
by Art Smith
In case you missed tonight’s debate, video courtesy of C-SPAN. Hat tip to fellow Swamp Stomper Sister Toldjah. Follow our comments in the Live Blog of the debate.
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