CE #2

My second current event blog is about the big news that Time Warner and AOL have decided to go their separate ways after nine-years. Chairman executive of Time Warner Jeffery Bewkes said that he believes AOL has a better opportunity to achieve its full potential as a leading independent internet provider. This will happen near the end of the year. Tech analysts say that if nothing else, this will allow AOL to pursue a wider range of business allies. AOL bought social networking Bebo for $850 million last year to try and compete in the social networking area of the internet. AOL will be competing with three other giants of the internet. Google,Yahoo, and Microsoft.

CE # 1

My current event blog post will be on Obama's nomination of Supreme Court official Sonia Sotomayo. On Thursday, the longest serving Republican on the Senate Judiciary Committee said that she will be confirmed--barring any surprises. She will be only the third woman serving on the Supreme Court and the first hispanic. The Judiciary Committee has not yet announced when the hearings will be held. But the Democrats are trying to get her confirmed as soon as possible. The democrats are trying to give Sonia Sotomayoras much preperation time before the high court's next term begins.

CE #2 Reflection

My second post is from an article from cnn.com
The article is about Sydney Frank who made millions marketing jagermeister and other alcohol brands. He became a hit among college students not because of what he sold but because he gave them a college education. On Sunday, 49 students from low-income families became the first four-year Sidney E. Frank Scholars to graduate from Brown.

Frank gave Brown a $100 million dollar endowment exclusively to pay all the tuition and expenses for the neediest of Brown's applicants.

CE #1 Reflection

My blog is going to be on a recent article I read on foxsports.com. The article is about how while everyone is focused on wanting to watch a Lebron vs Kobe match in the finals, there is a decent chance that it might not be either going to the finals. The article goes on to talk about how the NBA has created an idea that is based around the clash of superstars. And that the only problem with the dream matchup of Lebron vs Kobe is that there are too many good players right now.

I don't really agree with the article because for one. I think that a Lebron vs Kobe match up would do wonders for NBA viewership. And because I myself am a Lakers fan and I want Kobe to finally prove he is better then Lebron

5th editorial

Although most newspapers are claiming that they are a bit dissappointed with Obama's performance so far, he showed this Sunday with GM's CEO Richard Wagoner stepping down that he is going to start stepping it up. The next day Obama made it clear that Wagoner had been forced out instead of on his own will. Obama also declared that if GM's creditors, workers and suppliers did not deliver the concessions the administration task force thought necessary, no further taxpayer-financed aid would be forthcoming. In addition, Obama announced, Chrysler would have only 30 days more to work out its merger with Fiat or it, too, would be ticketed for bankruptcy.

4th editorial.

The biggest new from Europe was of Obama's meeting with Russian president, Dmitry Medvedev. Obama claims they came to an agreement on quickly negotiating a nuclear arms treaty. This comes as good news with a increasing nuclear threat from North Korea and Iran. Russian officials also say that unlike Bush who said " he glimpsed at Putin's soul in their first meeting", Obama seems as though he is not trying to develop a personal relationship but one more based on concrete subjects.

3rd editorial

Today the senate is weighing wether to give the wealthiest of the wealthy should get a tax break worth $250 billion dollars over 10 years. The Senate today could take up an amendment to the budget resolution proposed by Sens. Blanche Lincoln (D-Ark.) and Jon Kyl (R-Ariz.) that would shield the first $10 million of estates from taxation and lower to 35 percent the tax on amounts beyond that. Under Bush's tax cuts, the estate tax is supposed to dissappear in 2010 and then it's supposed to come back in 2011. It's supposed to come back at the 2001 levels where any couple with estates over $2 million dollars at %55.