Rooster “Crowing”
“Okeydoke”
History
1822 Brazil declared its independence from Portugal.
1825 the Marquis de Lafayette, the French hero of the American Revolution, bade farewell to President John Quincy Adams at the White House.
1892 James J. Corbett knocked out John L. Sullivan to win the world heavyweight crown in New Orleans in the first major prize fight conducted under the Marquis of Queensberry rules.
1901 the Peace of Beijing ended the Boxer Rebellion in China.
1914 Jean Blackwell Hutson, who will serve as curator of the Schomburg Center for Research in Black Culture in New York, is born in Summerfield, FL.
1917 Jacob Lawrence, famous for his modernistic painting style depicting the Great Migration from the South to the promised land in the North, is born in Atlantic City, NJ.
1936 rock legend Buddy Holly was born Charles Hardin Holley in Lubbock, Texas.
1940 Nazi Germany began its initial blitz on London during World War II.
1954 Public schools in Washington, D.C. and Baltimore, MD integrate
1963 the National Professional Football Hall of Fame was dedicated in Canton, Ohio.
1977 In Washington, President Jimmy Carter and Panamanian dictator Omar Torrijos sign a treaty agreeing to transfer control of the Panama Canal from the United States to Panama at the end of the 20th century. The Panama Canal Treaty also authorized the immediate abolishment of the Canal Zone, a 10-mile-wide, 40-mile-long U.S.-controlled area that bisected the Republic of Panama. Many in Congress opposed giving up control of the Panama Canal--an enduring symbol of U.S. power and technological prowess--but America's colonial-type administration of the strategic waterway had long irritated Panamanians and other Latin Americans.
1979 the Entertainment and Sports Programming Network (ESPN) made its cable TV debut.
1990 Kimberly Bergalis of Fort Pierce, Fla., came forward to identify herself as the young woman who had been infected with AIDS, apparently by her late dentist.
2002 Serena Williams wins the U.S. Open tennis tournament to win a third straight Grand Slam title. Serena, the # 1 player beats her sister, Venus, the # 2 player 6 – 4, 6 –3. This becomes the first time in tennis history a pair of siblings are ranked 1 and 2.
There is no "Missing in Action" POW report today, evidently September 7th was a victimless day. A little odd but there are days when there are only one or two so why wouldn't none be possible.
Indystar
Hurricane Katrina to reduce employment
By MARTIN CRUTSINGER
AP Economics Writer
WASHINGTON (AP) -- Hurricane Katrina will have a greater economic impact that previous killer storms, though the energy price spikes, slower growth and job losses won't be enough to push the country into a recession.
That's the view of the Congressional Budget Office which on Wednesday provided the government's first assessment of the economic impact from the country's worst natural disaster.
http://hosted.ap.org/dynamic/stories/K/KATRINA_ECONOMY_HK3?SITE=ININS&SECTION=US&TEMPLATE
Delphi chairman asking union for concessions
By Ted Evanoff
KOKOMO, Ind. -- Troubled auto parts maker Delphi Corp. will open detailed concession negotiations in October with General Motors Corp. and the United Auto Workers union, Delphi Chairman Robert “Steve’’ Miller said this morning.
Delphi, GM and the union have had “conceptual discussions’’ regarding a bail-out of Michigan-based Delphi, but the talks are now at a fact-finding stage and won’t become detailed until next month, Miller told news reporters in Kokomo.
http://www.indystar.com/apps/pbcs.dll/article?AID=/20050907/BUSINESS/50907007
Haaretz
Israel holding secret talks with Hamas, Arab states over Gaza synagogues
Efforts to prevent the demolition of the synagogues in Gush Katif have been underway over the past few days through a number channels.
* Sephardic Chief Rabbi Yehuda Amar has raised the issue with Moroccan King Mohammed and has asked him to take the matter up with the Palestinian Authority.
* Shas chairman Eli Yishai has had talks on the matter with members of Egyptian President Hosni Mubarak's staff.
http://www.haaretz.com/hasen/spages/622274.html
Israel to seal Rafah crossing on Thursday as part of Gaza pullout
Israel is to close the Rafah border crossing between Gaza and Egypt
until further notice, Israel Defense Forces officials said Wednesday, after Cabinet ministers proposed new arrangements that could include movement of Palestinians in and out of Gaza under the supervision of foreign inspectors without an Israeli presence.
The officials said the crossing, the only land link between Gaza and the outside world without passing through Israel, would be shut down on Thursday.
http://www.haaretz.com/hasen/spages/621913.html
IDF demands resignation of two yeshiva heads who called on troops to refuse orders
The Israel Defense Forces on Wednesday demanded the resignations of directors of two hesder yeshivas who called on their soldier-students to refuse orders during the disengagement from the Gaza Strip and northern West Bank.
Head of Personnel Directorate Major General Elazar Stern said that if the heads of the religious institutions don't quit, their students will be removed from the hesder yeshivas. (The hesder yeshiva framework allow soldiers to combine military service with religious studies).
Stern spoke Wednesday at a meeting of the personnel subcommittee of the Knesset Foreign Affairs and Defense Committee.
http://www.haaretz.com/hasen/spages/622260.html
I don’t think I'd go as far as the Rabbi, but, Bush claims god is on his side. I won't be so sure. It might not be god at all.
Shas rabbi: Hurricane is Bush's punishment for pullout support
Rabbi Ovadia Yosef, a former chief rabbi and the spiritual leader of the ultra-Orthodox Shas movement, said on Wednesday that Hurricane Katrina was God's punishment for U.S. President George W. Bush's support for Israel's Gaza pullout.
"It was God's retribution. God does not shortchange anyone," Yosef said during his weekly sermon on Tuesday. His comments were broadcast on Channel 10 TV on Wednesday.
Yosef also said recent natural disasters were the result of a lack of Torah study and that Katrina's victims suffered "because they have no God," singling out black people.
http://www.haaretz.com/hasen/spages/622278.html
Investor's Business Daily
This is an administration with such a safety margin that it's agenda can be undone by one storm? Granted it was significant, but, they didn't foresee this issue?
They must have, they have been denying funding for the levee and wetlands. They weren't prepared to fill in the gaps in the case of the worst case scenario?
Really?
Reactionaries.
We don't need reactionaries for this country. We need competent people who understand the demands of a country without people who are used in a game of chance. Waging with human life is not the way I see my life. It was not the way the people of New Orleans saw their lives. Evidently, it is the way Bush/Cheney does see the lives of the citizens of this country.
GOP Agenda Blown Off Course By Storm Amid New Priorities
BY JED GRAHAM
INVESTOR'S BUSINESS DAILY
Posted 9/6/2005
Congress is back from its summer recess, but the Republicans' prized legislative agenda remains on extended leave.
On Monday, Senate Majority Leader Bill Frist, R-Tenn., tabled plans to call a vote this week repealing the estate tax amid the focus on hurricane relief.
Frist, who said only last week that the estate-tax vote would be among the first items on the agenda, reconsidered after Democratic complaints and a weekend assisting Katrina's victims as a medical volunteer.
Pressing ahead with the vote would have been "politically suicidal," said Greg Valliere, chief political strategist at Stanford Washington Research Group.
President Bush, working hard to overcome criticism that initial federal relief efforts were deficient, had already cleared this week's agenda, canceling a meeting with Chinese President Hu Jintao.
http://www.investors.com/editorial/IBDArticles.asp?artsec=5
Search Firms: Google, Yahoo ... And Sun?
BY KEN SPENCER BROWN
INVESTOR'S BUSINESS DAILY
Posted 9/6/2005
Can Sun (SUNW) do for audio what Google (GOOG) did for the Web?
Searching for ways to set its servers apart, Sun Microsystems is working on a trio of projects to develop software designed to make it easier to find and organize digital media, including music and spoken words.
The server maker has no plans to become a search giant like Google or Yahoo. (YHOO) But it does see search as a more integral part of computing.
Users are drowning in a sea of data, and they need better tools to wade through it, says Paul Lamere, a researcher at Sun Labs, the Santa Clara, Calif., firm's research arm.
Case in point: Today's biggest iPod music devices hold about 10,000 songs, up from 1,000 in the first-generation iPod.
The devices, which also hold photos and other files, might be able to hold 10 times as much in just a few years.
"Imagine an iPod with a million songs on it," Lamere said. "Trying to scroll through a million songs, you'll never find what you want. Hit shuffle play (plays songs at random), and you'll never hear what you want."
Song Choice Harmony
http://www.investors.com/editorial/IBDArticles.asp?artsec=17
Firms Start To Expense Options, But Many Dismiss New Figures
BY PATRICK SEITZ
INVESTOR'S BUSINESS DAILY
Posted 9/6/2005
Public companies opposed to expensing stock options are trying to undermine the new accounting rules that mandate it by getting sell-side analysts on their side.
Firms with fiscal years starting after June 15, which include giants such as Microsoft (MSFT) and Cisco, (CSCO) are required to treat stock options as an expense on their income statements. Previously this information was buried in the footnotes of their financial reports.
The impact of the accounting rule change is being felt as those companies provide fiscal first-quarter guidance during their fourth-quarter earnings calls with analysts.
While the companies are deducting the value of stock options from income, as they're supposed to under the new Financial Accounting Standards Board rule, many are telling Wall Street to ignore those figures.
Two Sets Of Books
http://www.investors.com/editorial/IBDArticles.asp?artsec=16
continued …
