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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (686506)	6/21/2005 10:45:13 PM
From: CYBERKEN	Read Replies (1) \| Respond to of 769670

Reagan saved the world and made America rich. Bush is saving the world and making America rich. What YOU don't like is he's laying the political groundwork for ENDING the Great Social Security Fraud-which has YOU blind to everything else. Blind, on top of stupid, which you brought in the DOOR with you...

To: Kenneth E. Phillipps who wrote (686506)	6/22/2005 9:06:16 AM
From: Hope Praytochange	Read Replies (2) \| Respond to of 769670

kennyboy: dont touch market today -- dummy will be killed Stocks Set to Open Up Ahead of Earnings By THE ASSOCIATED PRESS Filed at 8:35 a.m. ET NEW YORK (AP) -- U.S. stock futures are trading in positive territory Wednesday, ahead of the release of Morgan Stanley's fiscal second-quarter earnings. Dow Jones futures were recently up 28 points, Nasdaq futures were ahead 4.50 points and S&P futures were up 2.60 points. Investment bank Morgan Stanley reports fiscal second-quarter results before the bell Wednesday. The firm has warned investors its earnings could be down about 15 percent to 20 percent from a year earlier, citing weakened market conditions. Analysts expect the Wall Street firm to earn $1 a share. In Japan, the Nikkei 225 Stock Average closed up 0.5 percent to 11547.28, its highest level since mid-April, in a rally that some traders attributed to global hedge funds increasing their exposure to Asian markets. In London, the FTSE 100 was recently higher 0.49 percent at 5107.2, following the release of the Bank of England's minutes for June that were seen more dovish than expected. In corporate news, billionaire investor Warren Buffett said Berkshire Hathaway is willing to invest more money in the U.S. energy sector than the $10 billion to $15 billion he previously discussed. Buffett said he sees more opportunities in the utilities industry, including nuclear power, according to the The Wall Street Journal's Wednesday edition. The European Commission Wednesday said it has reached an antitrust settlement with Coca-Cola Co. that will see the U.S. soft-drinks giant escape a fine but have to significantly change its business practices. The settlement is binding on Coca-Cola until 2010 and it faces the threat of a penalty equivalent to 10 percent of worldwide revenue if it breaches the agreement terms. After the bell Tuesday, Ford Motor, blaming a worse-than-expected sales slump among its core sport-utility vehicles amid rising gasoline prices, slashed its full-year earnings outlook for 2005 for the second time this year and said it would make deeper job and cost cuts than originally announced. The No. 2 U.S. auto maker in terms of production said it would terminate 5 percent of its salaried work force in North America automotive operations, or 1,700 jobs, to cut costs. Besides Morgan Stanley, metal processor Worthington Industries will report earnings results Wednesday, seen at 51 cents a share for its fiscal fourth-quarter. Also reporting earnings are energy and chemicals company Kerr-McGee and home-furnishings retailer Bed Bath & Beyond. No major economic data is scheduled for release Wednesday. Stocks finished mixed Tuesday, but Dow Jones Industrial Average members Caterpillar and Hewlett-Packard both had a banner day as they hit new highs. The Dow Jones Industrial Average dropped 9.44, or 0.09 percent, to 10599.67. The Nasdaq Composite Index added 2.94, or 0.14 percent, to 2091.07, and the Standard & Poor's 500 Index shed 2.49, or 0.2 percent, to 1213.61.

To: Kenneth E. Phillipps who wrote (686506)	6/22/2005 10:42:25 AM
From: Hope Praytochange	Read Replies (1) \| Respond to of 769670

kennyboy ???Sen. Durbin Apologizes for Gitmo Remarks By THE ASSOCIATED PRESS Filed at 10:04 a.m. ET WASHINGTON (AP) -- A week after comparing interrogation at the Guantanamo Bay prison camp to the methods of Nazis and other repressive regimes, Sen. Dick Durbin apologized on the Senate floor. ''Some may believe that my remarks crossed the line,'' said the Illinois Democrat, at times holding back tears. ''To them I extend my heartfelt apologies.'' Durbin said he never intended disrespect for U.S. soldiers around the world. ''They're the best,'' he said Tuesday. His apology drew praise from Republicans. ''I think it was the right thing to do and the right thing to say to our men and women in uniform,'' said White House press secretary Scott McClellan. Senate Majority Leader Bill Frist called Durbin's apology ''an honorable step'' along the road to understanding how words strengthen the nation's enemies in the war against terror. ''Intended or not, damage was being done,'' Frist, R-Tenn., said Wednesday on the Senate floor. ''It's a lesson that we all learn over and over again and again.'' The apology came a week after Durbin quoted from an FBI agent's memo describing detainees at the naval base in a U.S.-controlled portion of Cuba as being chained to the floor without food or water in extreme temperatures. ''If I read this to you and did not tell you that it was an FBI agent describing what Americans had done to prisoners in their control, you would most certainly believe this must have been done by Nazis, Soviets in their gulags or some mad regime -- Pol Pot or others -- that had no concern for human beings,'' the senator said last week. The comment drew criticism from the White House, Republicans in Congress and others after creating a buzz on the Internet and among conservative talk radio hosts. Some Democrats also disapproved of the comparison. One reason for the apology Tuesday was ''this loud, continuous drumbeat of misinformation that was being broadcast and printed,'' said Durbin spokesman Joe Shoemaker. Last Friday, Durbin tried to clarify his comments with a statement that he sincerely regretted if his comments caused anyone to misunderstand his true feelings. Still, the criticism poured in. Defense Secretary Donald H. Rumsfeld, in an interview to air Wednesday on Fox News Radio's ''The Tony Snow Show,'' tried to equate Durbin's comment with actress Jane Fonda calling U.S. soldiers war criminals during a visit to North Vietnam in 1972. ''Some people always in their lives say something they wish they hadn't said,'' Rumsfeld said. ''We just watched Jane Fonda run around trying to recover from the things she did and said during the Vietnam War. ... He said some things and he's going to have to live with them, and I think that that's not a happy prospect.'' Defense Department spokesman Glenn Flood said Rumsfeld stands by his statements, even in light of the apology.