Gilberto Barros é condenado à prisão por crime de homofobia

https://www.youtube.com/watch?v=cf3jJ_OAIAo

In recent months, fallout from the sub-prime mortgage scandal has been estimated in the hundreds of billions, up from figures of $100 billion maximum from the Federal Reserve only three months ago. While the Fed has, in an unprecedented move, cut interest rates three consecutive times in as many months, their cuts have always given investors the impression that a later cut was inevitable, cycling in a self-fulfilling prophesy that has played out poorly for the American economy as investment and stocks have been relatively cool. This behavior reflects a prevalent attitude that the situation will get worse before it gets better, and that uncertainty is the single biggest enemy of economic growth.

If nothing else you have to admire the perseverance of this administration. No matter how bleak the news, the White House continues to put on a happy face and the December 2007 employment report is no exception.