U.S. Treasury Secretary John Snow warned lawmakers on Thursday that a legally set limit on the government's ability to borrow will be hit in mid-February and urged Congress to raise it quickly.Oh, and:
Failure to do so potentially risks throwing the country into its first default in history, Snow warned in what has become virtually an annual rite as U.S. borrowing needs spiral.
'The administration now projects that the statutory debt limit, currently $8.184 trillion, will be reached in mid-February 2006,' Snow said in a letter to 21 members of the U.S. House of Representatives and Senate released by Treasury after financial markets had closed.
The debt limit was last raised in November 2004 by $800 billion to its current level. The letter to Congress does not specify an amount the Treasury wants the ceiling set at this time.Call me nuts, but I have a feeling those limits are there for a reason - namely, to keep us from falling hopelessly, forever into debt. Why didn't anyone plan for this? What happens when the debt hits $10 trillion? Do we all have to sell our houses to the Chinese?
But 51 percent of those polled said they were more likely to vote for a candidate in congressional elections who opposes Bush, while 40 percent said they were likely to vote for a candidate who backs the president.How embarrassing would it be to be the President of the United States, offer your support to a congressional candidate, and hear back: "Yeah, uh, thanks, but... we're all set."
"Abortion rights have been slowly whittled away while we haven’t even been looking," said Kitty Striker, 22, who decorated her hair with small coat hanger replicas for the counter-protest. "That’s what’s so shocking and so scary to me."Maybe I'm confused, but I'd think that if you're trying to make a statement in support of abortion, you'd want to avoid all references to coat hangers. You might be trying to make the point that without legal abortions, people would get them done in back alleys, but it just looks like you're celebrating the off-label (if you will) use of coat hangers.
'Clearly the al Qaeda leaders and other terrorists are on the run. They're under a lot of pressure,' White House spokesman Scott McClellan said. 'We do not negotiate with terrorists. We put them out of business.'
A pair of recent University of Michigan graduates are each $5,000 richer for being the best at a national tournament involving a campus drinking game popular among many college students.
Jason Coben and Nick Velissaris are the champions of the 'World Series of Beer Pong,' which took place earlier this month near Las Vegas. The two beat out more than 160 other competitors to split the $10,000 grand prize.
HOW OJ SIMPSON'S DOG PROVED HE DID IT
The only known living witness to the Nicole Simpson murder is Kato. The dog, that is, not Kato Kaelin. But why didn't Kato (the dog, or the one with brushed hair), try to stop the murder, and why did he behave so oddly afterwards?
Why didn't the Akita attack the killer that night? The dog probably not only knew the killer, but the killer was a boss to him or he would have attacked him. If the killer is also a boss to the dog, he becomes confused, doesn't know who to defend, and does nothing. 'An Akita will attack someone harming his family unless it's another dominant household member,' says Barbara Bouyet, national coordinator of the Akita Rescue Society of America, and author of Akita: Treasure of Japan.
How else did the dog prove that OJ did it? People who have dogs know that when they come home, their dogs greet them warmly. But OJ's dog barked angrily at him when he saw him right after the murder.
When OJ arrived back home in his white Bronco after the famous chase, the Akita, who had been taken to OJ's home, did not act normal. He did not greet O.J., or go up to anyone in the car. 'Instead, that dog looked into the car, stiffened, backed up, barked, and backed up again when he saw OJ,' says Bouyet who watched the scene on local TV.
Why did the dog show such defensive behavior? 'I don't believe that an Akita would ever behave that way toward someone unless that person had done something very bad,' she says.
Did Nicole's Akita do anything else incriminating after the murder? People reported that they heard strange howls of a confused and anguished dog. 'These are quiet dogs,' says Bouyet. 'They hunt silently like cats. I think he was confused because the person attacking his mistress was not an outsider.'
"It’s time for us to come together. It’s time for us to rebuild New Orleans — the one that should be a chocolate New Orleans," the [New Orleans] mayor said. "This city will be a majority African American city. It’s the way God wants it to be. You can’t have New Orleans no other way. It wouldn’t be New Orleans."
Nagin described an imaginary conversation with King, the late civil rights leader.
"I said, ‘What is it going to take for us to move on and live your dream and make it a reality?’ He said, ‘I don’t think that we need to pay attention any more as much about other folks and racists on the other side.’ He said, ‘The thing we need to focus on as a community — black folks I’m talking about — is ourselves."’
Fed a generous helping of CO2-laden emissions, courtesy of the power plant's exhaust stack, the algae grow quickly even in the wan rays of a New England sun. The cleansed exhaust bubbles skyward, but with 40 percent less CO2 (a larger cut than the Kyoto treaty mandates) and another bonus: 86 percent less nitrous oxide.
After the CO2 is soaked up like a sponge, the algae is harvested daily. From that harvest, a combustible vegetable oil is squeezed out: biodiesel for automobiles. Berzin hands a visitor two vials - one with algal biodiesel, a clear, slightly yellowish liquid, the other with the dried green flakes that remained. Even that dried remnant can be further reprocessed to create ethanol, also used for transportation.
Mike Mularkey submitted his resignation to the Buffalo Bills on Thursday, a person familiar with discussions between the coach and the team told The Associated Press.
A mouse got its revenge against a homeowner who tried to dispose of it in a pile of burning leaves. The blazing creature ran back to the man’s house and set it on fire.
Web developer (both full-time and freelance on the side) living in sunny Rochester, NY. Married to a kickass lady-type. I spend far too much time in front of a computer, but I love building web sites (not that you could tell from looking at this blog... actual design coming someday) so it's fine by me. I also drink beer.