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After winning three matches in the consolation bracket, Burroughs again met Palmer for the bronze medal and won a 2-1 tiebreaker decision. Rider junior Doug Umbehauer (Lenape), the ninth seed at 184, placed fourth. Sixth a year ago in Las Vegas, Umbehauer was 5-2 in the two-day tournament, defeating the third, fifth and eighth seeds. He lost to top-seeded Mike Pucillo of Ohio State 7-4 and 5-2 to fourth-seeded Raymond Jordan of Missouri in the bronze medal bout. Hofstra senior Dave Tomasette (Washington Township), the No. 3 seed at 125, went 5-2 and finished fourth. Both losses were to Rollie Peterkin of Penn, 9-5 in the quarterfinals and 4-3 in the bronze medal bout. Nebraska junior Vince Jones (Winslow Township), seeded sixth, went 5-3 and finished sixth at 184. Jones lost twice to third-seeded Louis Caputo of Harvard, 6-4 in the championship bracket and 8-6 in the match for fifth place.
Mortgage Crisis to Corporate Debt Crisis
Real Estate loans increased $0.5bn (up 7.9% y-o-y). Consumer loans fell $5.0bn. Securities loans declined $9.3bn, and Other loans dropped $14.4bn. On the liability side, (previous M3) Large Time Deposits rose $12.6bn. M2 (narrow) "money" supply increased $4.3bn to a record $7.472 TN (week of 12/31). Narrow "money" expanded $411bn during 2007, or 5.8%. For the week, Currency added $0.8bn, and Demand & Checkable Deposits increased $8.2bn. Savings Deposits fell $13.1bn, and Small Denominated Deposits dipped $0.3bn. Retail Money Fund assets rose $8.7bn. Total Money Market Fund assets (from Invest. Co Inst) surged $52bn last week to a record $3.165 TN. Money Fund assets have posted a 24-week rise of $582bn (49% annualized) and a one-year increase of $775bn (32.4%). Total Commercial Paper rose $14.4bn to $1.813 TN.
Dirty 1.1.2 iPhone jailbreak gains activation, PPC support
Remember that dirty 1.1.2 iPhone jailbreak that debuted from conceited software last week? Well it hasn't lost any of its clunk, but it has gained a handful of new features and support to let even more of you get your jailbreak on. According to TUAW (as conceited software's site is painfully low on details), this new jailbreak version gains activation (so iPhones can work non-activated), YouTube support, and opens the doors for PowerPC owners. Plenty of caveats and workarounds still exist in this jailbreak though, and it still requires a downgrade to 1.1.1 if you already stepped up to 1.1.2. We'll let you know when the 1.1.2 jailbreak reaches one-click territory, though with the way things are going, we'll probably be letting you know a few minutes later that 1.1.3 sends jailbreakers back to the drawing board.
Spitzer appears willing to compromise with lawmakers
But a year after that pent-up resentment evolved into one of New York's most intransigent political gridlocks and a loss of the governor's popular and political clout, a new Spitzer may be emerging. In his two major presentations of this year -- the State of the State address Jan. 9 and his budget proposal last Tuesday -- Spitzer took great effort to recognize, thank and even try to joke with lawmakers in both houses and both parties. Internally, Spitzer is even considering naming a Hudson River park for Pataki, the Republican on whose watch Spitzer's inaugural speech compared New York to Rip Van Winkle. In the State of the State address, he ignored snickering senators and their heckling to single out several Republicans -- even when their colleagues derided them for getting Spitzer's favor with laughs and a "There goes your re-election!" But Spitzer, uncharacteristically, didn't fight back.
Don't vote for socialism
Many want government interference in climate control, energy production, auto manufacturing. The list goes on. Hillary Clinton has a goal to limit "talk radio." The other major Democratic candidates have the same kind of ideas in their heads. Russell Bender Nephi .
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