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Tag Archive 'U.S. Congress'


Wall Street confidence improves as Dow closes with largest point gain ever in a single day

October 13th, 2008

Over the past few weeks while investors, investment bankers, and others, all whining that Wall Street was going to collapse. The federal government – pushed by President George W. Bush, as well as others in the administration, put together two bailout packages, with the latter with a $700 billion price tag, was eventually being approved by the House and Senate.

Some wise people I know, people I trust, were saying the past few weeks, while tough economic times were upon us, to chill out and wait. In fact, buy stocks while everyone was selling off and prices were low. The folks on the other side of the street, where it seemingly always rains, were talking doom, gloom, and stock market crashes.


U.S. Rep. Stephanie Tubbs Jones has died; news is confirmed

August 20th, 2008

Earlier today, around 2:10 p.m., miscommunication between a Congressional staffer, as well as workers at Cleveland’s City Hall, led to news reports from the Cleveland Plain Dealer, the Associated Press, and CNN, among other news outlets, to prematurely report the death of U.S. Representative Stephanie Tubbs Jones, 57, who was serving her fifth term in Congress.

This evening, at 6:12 p.m., however, the Congresswoman was pronounced dead about 24 hours after being taken to the hospital by ambulance. She would have celebrated her 59th birthday in 21 days, on September 10.

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