The News

Congress Wary of Blank-Check Bailout for Banks; GOP Wants C. de Baca to Resign Over Remarks

New Mexico GOP Leader Urged to Resign After Remarks
“The head of New Mexico’s Republican Party is urging a county GOP leader to step down for saying “Hispanics consider themselves above blacks” and they will not vote for Democratic presidential candidate Barack Obama.” Las Cruces Sun-News.

Congress Striking Deals to Settle Bailout Plan Demands
Top economic officials warn lawmakers that delaying the bailout proposal would only lead to recession, layoffs, and foreclosures, but members of both parties are demanding changes, like “additional steps to help homeowners avoid foreclosure and the absence of any demands for ownership stakes in the banks that would be helped.” New York Times.

New York City Cuts Funding to Agencies
“With an eye on Wall Street’s turmoil and New York City’s fragile economy, Mayor Michael R. Bloomberg ordered city agencies on Tuesday to cut spending by about $500 million this year and $1 billion next year.” New York Times.

Judge Rejects Suit to Restore Felon Voting Rights
“A federal judge in Nashville has rejected all but one portion of a suit that could have restored the voting rights of thousands of convicted felons in time for the Nov. 4 election. Tennessee is one of only 11 states that do not automatically restore those rights when offenders complete their sentences and probation or parole requirements.” Tennessean.

Posted at 5:22 AM, Sep 24, 2008 in News | Permalink | View Comments