Another day has begun and I have read the early news...that's probably not a good thing to do.
The first thing I noted was a press release from the new "owner" of the combined Sears/Kmart operation, Edward S. Lampert. He vowed to have "a very low cost structure to compete effectively" What could that mean? He's going to take a cut in pay?
With Wal-Mart driving both economies, China's and the U.S.'s, I don't know how he expects to compete unless he goes to the battleground...and that is China.
On another note; according to Secretary of State Colin Powell, the United States has some intelligence indicating Iran is trying to fit missiles to carry nuclear weapons. Powell said there is no evidence to suggest that Iran has developed the technology to make a nuclear weapon. Right! Although...Iran received a supply of enriched uranium from the former head of Pakistan's nuclear development. That's the same Pakistan that is currently one of our "trusted" allies in our war on terror.
And speaking of terrorism, those darn French are at it again, spreading rumors..."I am not at all sure that one can say the world is safer," Chirac said in a BBC interview. "There is no doubt that there has been an increase in terrorism."
Sometimes it just doesn't pay to wake up early.
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