UPDATE: On Keith Olbermann's Countdown on MSNBC, a guest, Kate Martin, talked about this administration's surveillance of people without warrants. Martin, who is a national security expert, said that the administration knew that Al Quieda people were in the U.S. before 9/11, but they did nothing about it. According to Martin, this was confirmed by the 9/11 Commission. She said that the administration's claim that if their surveillance (without warrants) had been in use before 9/11 that it would have prevented the attack, does not hold water.
I really don't care who wins the Super Bowl. However, I am cheering both teams. Why? The Pittsburgh Steelers and the Seattle Seahawks are from blue states and the Super Bowl will be played in a blue state.
The White House used their spying activities to watch Democrats and peace activists. Big brother is watching!
Ford Motor Company will announce today that they are laying off approximately 25,000 workers. Once again they are blaming workers and their healthcare costs. Ford would not have these problems if they were able to sell their cars, but they have designed an inferior product. Ford's other problem is that it has not embraced the hybrid car program and has continued its love affair with the SUV.
Bloomberg reports that the Bank of America is having some problems:
Bank of America Corp., the second- largest U.S. bank, unexpectedly reported its first quarterly earnings decline in more than four years as bankruptcies surged and profit from trading bonds and currencies dropped.
Fourth-quarter net income fell 2 percent to $3.77 billion, or 93 cents a share, from $3.85 billion, or 94 cents, a year earlier, the Charlotte, North Carolina-based company said today in a statement. Revenue increased 3 percent to $14.1 billion.
Bank of America underestimated the impact of a bankruptcy law that took effect in October, which swelled credit losses by $524 million. The 5.9 percent drop in trading profit was also a surprise, after analysts predicted an increase. Investment- banking earnings tumbled almost 80 percent as Chief Executive Kenneth Lewis spent more to hire bankers and salespeople...
I have a suggestion for the Democrats while President Bush gives his state of the union speech: Walk out to show that you do not support the war or the NSA spying. The Republicans would gets their panties in a "frist."
