Monday, November 24, 2008

OFFBEAT: University of Illinois Coach Alledgedly Does Something He Should Not Have Done

This is certainly offbeat news away from the depressing economic information we're being bombarded with.  According to the Associated Press and Fan I.Q , a now former gymnastics coach at the University of Illinois was rumored, but not confirmed to have placed a camera in the women's gymnastic team's locker room.  


Yikes!  And he was the coach!  






Why do that?  If he wanted to date one of them, yes they're young but not that young, but reportedly so was he -- all in their 20s for the most part and well over 18 and in college -- just ask for a date.  U.S.A Soccer star Brandy Chastain dated her coach and now they're married!  It's not an unusual happening by any stretch in college -- sorry, it's not.  And it's far better than dating a student who's class he teaches because he's not giving her a grade.  Believe me, it happens more than you think.  But this?  WFT was he thinking?  (If it's true; I hope not.)  


Geez.  

Obama Economic Team: Tim Geithner, Christine Rohmer, Lawrence Summers

President-Elect Barack Obama's just annouced his new economic team this morning :  New York Federal Reserve head Tim Geithner as Treasury Secretary, UC Berkeley Professor Christine Rohmer as chair of his Council of Economic Advisers, and former Harvard President Lawrence Summers as head of National Economic Council.


Geithner and Summers have been much-talked about. Summers, even with his mistatements on women, is considered a bright and effective economic policy-maker. Geithner is so well respected on Wall Street that the Dow jumped 200 points after Friday's news leak of his selection as Treasury Secretary.



The surprise is Christine Rohmer, who's well-known in the San Francisco Bay Area as a professor of Economics at Cal-Berkeley. I personally met Professor Rohmer during my second year as a graduate student at UC Berkeley. I found her to be a delightful mix of the personable and the intellectual. A great mix to advance policy points and ideas. On that, Dr. Rohmer was well-regarded and popular with students, and I think if memory serves, won an award for teaching. The point is she can take complex economic matters and explain them in such a way that people can learn them.

MyBO Grassroots Inauguration Ball WDC 1/19/2009

Official website of the Grassroots Inauguration Ball set for January 19, 2009 - for celebration of our Victory - and the Inauguration of Our President Barack Obama as President of Our United States of America. We Did It!

read more | digg story

Obama Eyes $500 Billion in Stimulus

Obama and Bush are rushing to craft measures to bolster financial markets and prevent a policy vacuum during the transition. Meanwhile, Paulson is considering tapping the second half of the government's rescue fund.

read more | digg story

Citigroup Saw No Red Flags Even as It Made Bolder Bets

“Our job is to set a tone at the top to incent people to do the right thing and to set up safety nets to catch people who make mistakes or do the wrong thing and correct those as quickly as possible. And it is working. It is working.”

read more | digg story

Bloomberg: US could lend as much as $7.4 trillion

Financial institutions have purportedly already tapped $2.8 trillion in credit lines from the Treasury. The loans are the largest provided in an economic emergency since the New Deal of the 1930s, in the wake of the Great Depression.

read more | digg story

Barack Obama Reveals Two-Year Plan to Create 2.5m Jobs

Spending programme to target roads, schools and renewable energy

read more | digg story

Swedish CEO says he will work for free

Lars G. Nordstrom isn't the only CEO being criticized these days for earning too much money during the world financial crisis. But he may be one of the few who has reacted by deciding to work for free.

read more | digg story

IMF chief: Worst yet to come for global financial crisis

The IMF's chief economist has warned that the global financial crisis is set to worsen and that the situation will not improve until 2010, a report said Saturday.

read more | digg story

Why Unemployment Could Be Worse This Time

This fall a number of economists began predicting unemployment would rise to 8% during this recession, up from a reading of 6.5% in October. It would be the highest jobless rate in years.

read more | digg story

BREAKING: U.S. Provides Massive Bailout to Citigroup

The U.S. federal government on Sunday announced a massive rescue package for Citigroup, saying it would guarantee more than $300 billion in company assets, while injecting an additional $20 billion in capital into the embattled bank.

read more | digg story

Obama Inaguration Talk On Zennie62 BlogTalkRadio December 1st - 2:30 PM PST

I'm annoucing my first online radio broadcast.  This one is on the "Obama Inauguration" and set for December 1st.  I'm also expecting great special guests from various organizations to help us all get ready for this great event.  Question about hotels and loging?  What about events both paid and free?  What should you prepare for in the matter of the weather?  Safety?  Budget?   This show will help answer those questions.  


I've moved the recording time up to 2:30 PM Pacific Standard Time, 4:30 PM Central , and 5:30 PM Eastern to make sure we can have more people engaged in hearing and responding to this conversation.  The call in phone number is 646-929-0855, or you can talk through your computer.  The FAQ page reports: "BlogTalkRadio includes a feature on the show page which allows listeners to select the "Click to Talk" button during any live show and, through a microphone connected to the listener's computer, join the show as a caller. This service is free to listeners."  

Here's the show link, or you can go to http://www.zennie62.com and
click on the link there.

http://www.blogtalkradio.com/Zennie62