Tuesday, December 07, 2004
Caveat Emptor
Before statutory law the buyer of a product had no guarantee of the product's quality. Hence the latin term caveat emptor, which means let the buyer beware. I only wish that our nation had headed that advice on November 2. Now we are stuck with what we voted for. Let's take a look at what we're getting for our votes.
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And all of this from just one day's news cycle. Thanks George. Thanks red America. I hope you're satisfied with what you got for your vote because we're stuck with him now.
- Hit by rising health care and energy costs, employers announced more than 100,000 job cuts in November, capping the first three-month stretch above that level since early 2002. Link
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- The situation in Iraq is unlikely to improve anytime soon, according to a classified cable and briefings from the Central Intelligence Agency, The New York Times reported Tuesday.
The assessments are more pessimistic than the Bush administration's portrayal of the situation to the public, government officials told the newspaper. Link
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- In 2003, U.S. performance in mathematics literacy and problem solving was lower than the average performance for most OECD countries. The United States also performed below the OECD average on each mathematics literacy subscale representing a specific content area (space and shape, change and relationships, quantity, and uncertainty). This is somewhat different from the PISA 2000 results, when reading literacy was the major subject area, which showed the United States performing at the OECD average. Link
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- The dollar slid to new lows earlier in the day as investors, tiring of tough talk on exchange rates by European officials, dismissed new warnings from euro zone finance ministers about the dangers of the rising euro. Link
And all of this from just one day's news cycle. Thanks George. Thanks red America. I hope you're satisfied with what you got for your vote because we're stuck with him now.