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General News Archive - September 08, 2008

By The Associated Press WASHINGTON (AP) - The historic takeover of Fannie Mae and Freddie Mac, which could come as soon as today, moved to the forefront of the presidential campaign Saturday as candidates and congressional leaders seized on the enormous implications for taxpayers and the economy.

By HOWARD FENDRICH By Howard Fendrich The Associated Press New York No one ever seems to run Rafael Nadal ragged, and yet Andy Murray did just that in the U.S. Open semifinals.

The Associated Press WASHINGTON Democrat Sen. Barack Obama says he would delay rescinding President Bush's tax cuts on wealthy Americans if he becomes the next president and the economy is in a recession, suggesting such an increase would further hurt the economy.

By BRIAN SKOLOFF By Brian Skoloff The Associated Press KEY WEST, Fla.

By WILL WEISSERT By Will Weissert The Associated Press CAMAGUEY, Cuba Hurricane Ike roared into Cuba on Sunday after destroying houses and crops on low-lying islands and worsening floods in Haiti that have already killed more than 300 people.

By ALAN ZIBEL By Alan Zibel and Martin Crutsinger The Associated Press WASHINGTON The Bush administration seized control Sunday of troubled mortgage giants Fannie Mae and Freddie Mac, aiming to stabilize the housing market turmoil that is threatening financial markets and the overall economy.

Hurricane Ike lost some punch as it crossed Cuba but forecasters Monday said the Gulf of Mexico's environment could lead to the storm's strengthening.

The Bush administration ripped up years of laissez-faire economic policies last night and launched a government takeover of two of the most powerful mortgage companies in the US.

By WESLEY JOHNSON OJ Simpson was due to go on trial over kidnapping and armed robbery charges in Las Vegas today. More than 10 years after the former American football star was acquitted of his wife's murder, Simpson will return to court surrounded by a media circus.

HURRICANE Ike roared on to Cuba today after destroying houses and crops on low-lying islands and worsening floods in Haiti that have already killed more than 300 people.

Word of the Day
mallemaroking
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.