McCain
Says It's "Common Knowledge" That Iran
Is Training Al Qaeda During
another photo-op flying visit to Iraq, John McCain
told reporters that it is well known that Iran
is training Al Qaeda terrorists, a patently ludicrous
claim that had to be immediately corrected by
his traveling circus.
Fed
Affords Dollar Brief Respite With Lower Rate Cut The
dollar enjoyed its biggest gains against the Yen
in nine years and pared losses against the Euro
after the Federal Reserve delivered a lower than
expected 75 basis points interest rate cut after
traders had priced in a full 100 points cut.
Will
Fed Act To Save Dollar With Modest Rate Cut? The
Federal Reserve will today let its actions speak
louder than words and likely deliver a full percentage
point interest rate cut, a move that will send the
ailing U.S. dollar tumbling.
