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Re: daytraderkidd post# 19462

Friday, 12/05/2008 6:55:39 PM

Friday, December 05, 2008 6:55:39 PM

Post# of 95274
Today's edition of quick hits:

* Wall Street ended the week on a high note, with the Dow closing up about 3%. The other indexes did even better, with the S&P finishing 3.6% higher, and the Nasdaq closing up 4.4%.

* The markets upswing happened despite dismal employment numbers, and a new report that U.S. retailers posted the worst November sales in more than three decades.

* Those were some pretty scary right-wing activists at the Supreme Court today, convinced that Obama isn't an American. It was quite a sight.

* It seems the rumors about Caroline Kennedy possibly replacing Hillary Clinton in the Senate are fairly serious.

* A few more Obama White House staffing announcements were made this afternoon.

* Ana Marie Cox is leaving Time's "Swampland" blog.

* Miami Mayor Manny Diaz has been rumored as a leading candidate to become Secretary of Housing and Urban Development, but he's starting to draw heat from labor and activist groups, including the South Florida AFL-CIO.

* Former Rep. David Bonior (D-Mich.) is trying to rally support to make union activist Mary Beth Maxwell the next Secretary of Labor.

* No one should listen to Henry Kissinger.

* Sarah Palin has decided the Troopergate scandal has been resolved. Demonstrating her commitment to transparency and accountability, Palin is also refusing to release a transcript of the testimony she made during the investigation.

* I'm starting to think Alberto Gonzales is in a bit of trouble.

* Rep. Charlie Rangel (D-N.Y.) has some more explaining to do.

* In light of his presidential inauguration, Barack Obama has decided to finally buy a new tuxedo. It will be, for those who are curious, a union-made tux.


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