Weekly Review — October 28, 2008, 12:00 am

Weekly Review

[Image: All In My Eye, December 1853]
An American cattleman.

On the 79th anniversary of the stock market crash of 1929, the Dow fell 312.3 points, closing below 8400. Chrysler announced that it would cut 25 percent of its salaried jobs, OPEC said that it was cutting oil production by 1.5 million barrels a day, and former Federal Reserve chairman Alan Greenspan declared that financial markets were engulfed in a “once-in-a-century credit tsunami” and admitted that he had “found a flaw” in his free-market ideology. “I don’t know how significant or permanent it is,” he said of his mistake. “But I’ve been very distressed by that fact.”The New York Daily NewsThe New York Daily NewsThe New York Daily NewsMSNBCNew York TimesThe total number of U.S. banks seeking a cash injection from the government rose from nine to 24, and it was determined that home values declined by 9 percent in September.New York TimesFederal Reserve chairman Ben Bernanke endorsed the idea of an economic stimulus package to boost the U.S. Economy;Washinton PostAIG announced that it would halt $19 million in payments to its former chief executive, Martin Sullivan, and freeze its $600 million deferred-compensation and bonus pools; Wall Street Journaland more than 50 banks received letters containing a white powder, warning “It’s payback time.”CNNAt the annual convention of the nation’s mortgage bankers in San Francisco, protestors used bullhorns to heckle attendees and demanded a moratorium on foreclosures, and Karl Rove, appearing as a convention panelist, was accosted on stage by a hippie who tried to arrest him for treason. “We had streakers during the 1990s, but that was a joyful, happy thing,” said Gregor Lucas, a mortgage broker. “Now everyone is blaming us for everything.”New York Times

U.S. helicopters attacked a Syrian village near the border with Iraq, killing eight civilians, among them four children. The Syrian government condemned the attack as “serious aggression.”BreitbartIranian authorities captured two spy pigeons near the country’s uranium enrichment facility,AFPSaudi authorities indicted 991 people on charges of participating in terrorist attacks,New York Timesand Al Qaeda endorsed John McCain for president. “Al Qaeda,” read a message posted to a password-protected website, “will have to support McCain in the coming election so that he continues the failing march of his predecessor, Bush.”YahooFinancial records revealed that the Republican National Committee has spent more than $150,000, or $2,500 per day, to clothe and accessorize vice-presidential candidate Sarah Palin. “She needed some clothes,” explained McCain.Huffington PostPoliticoScientists found that hydrogen sulfide, which is produced in the colon and causes the rotten-egg stink in flatulence, helps keep blood pressure low in mice. Live ScienceAlaskaSenator Ted Stevens was found guilty on charges that he lied about receiving $250,000 in gifts. Stevens testified that the items were not gifts, merely things he was holding onto for friends. “We have lots of things in our house that don’t belong to us,” he said.Washington PostResearchers using cheap computer software found that showing a person a picture of a political candidate “morphed” with one of the person’s own face made that test subject more likely to vote for the candidate. “Candidates spend seven-, eight-, or nine-figure budgets on their campaign,” said the study’s author. “So it’s not outrageous to think that in a swing state such as Ohio or Pennsylvania, you can have 2,000 people sitting in a room morphing every single citizen in the state.”Science DailyScott McClellan, former White House press secretary for George W. Bush, endorsed Barack Obama,Washington Postand Obama edged out Apple and Zappos.com to become “Advertising Age” 2008 Marketer of the Year. “It’s the fuckin’ Web 2.0 thing,” explained BusinessWeek marketing and media columnist Jon Fine. Advertising Age

The British Food Standards Agency recalled edible sex toys, including chocolate and strawberry body pens and a chocolate lotion, after the Chinese-made products were discovered to contain trace amounts of melamine, an industrial chemical that can cause kidney failure;New York Timestrials of the new obesity drug Tesofensine, which is expected to be launched worldwide in a few years, found that the medicine allowed patients to lose up to twice as much weight as did other drugs; Science Dailyand Iran’s quest to set a Guinness record for World’s Longest Sandwich, a stunt meant to encourage Iranians to eat healthful meals, failed when spectators began consuming the sliced-ostrich-and-chicken sandwich before it could be measured.Daily MailA team of Canadian and U.S. scientists announced the discovery of the “Magnetic Death Star,” a microscopic fossil composed of bacterial iron-oxide crystals, created during a global-warming event that transpired 55 million years ago.Science DailyBritish atheists, furious about ads for Christianity that appear on London buses, were raising money in order to buy their own ads featuring the slogan “There’s probably no God. Now stop worrying and enjoy your life.”New York TimesA New York firefighter used an air-powered wizzer saw to cut off an inch-long steel pipe that was stuck to a 73-year-old man’s penis,Times Herald RecordJoe the Plumber said he was considering running for Congress in 2010,CNNand a 27-year-old woman was arrested for shoplifting from a Walgreens in Florida and for brandishing, according to the arrest affidavit, “a well-used and bloody female sanitary napkin.” “I delivered a firm, lawful command to the suspect to drop the object,” stated one of the officers, “and told her it was gross.”TCPalm

Share
Single Page

More from Claire Gutierrez:

Weekly Review May 31, 2011, 12:00 am

Weekly Review

Weekly Review May 30, 2011, 12:00 am

Weekly Review

Weekly Review March 22, 2011, 12:00 am

Weekly Review

Get access to 165 years of
Harper’s for only $45.99

United States Canada

CATEGORIES

THE CURRENT ISSUE

October 2016

The Hamilton Cult

= Subscribers only.
Sign in here.
Subscribe here.

Held Back

= Subscribers only.
Sign in here.
Subscribe here.

Division Street

= Subscribers only.
Sign in here.
Subscribe here.

Innocents

= Subscribers only.
Sign in here.
Subscribe here.

The Quiet Car

= Subscribers only.
Sign in here.
Subscribe here.

Psychedelic Trap

= Subscribers only.
Sign in here.
Subscribe here.

view Table Content

FEATURED ON HARPERS.ORG

Article
The Hamilton Cult·

= Subscribers only.
Sign in here.
Subscribe here.

"The past is complicated, and explaining it is not just a trick, but a gamble."
Illustration by Jimmy Turrell
Article
Division Street·

= Subscribers only.
Sign in here.
Subscribe here.

"Perfectly sane people lose access to housing every day, though the resultant ordeal may undermine some of that sanity, as it might yours and mine."
Photograph © Robert Gumpert
Article
Held Back·

= Subscribers only.
Sign in here.
Subscribe here.

"'We don’t know where the money went!' a woman cried out. 'They looted it! They stole our money!'"
Artwork by Mischelle Moy
Article
The Quiet Car·

= Subscribers only.
Sign in here.
Subscribe here.

Flor Arely Sánchez had been in bed with a fever and pains throughout her body for three days when a July thunderstorm broke over the mountainside. She got nervous when bolts of light flashed in the sky. Lightning strikes the San Julián region of western El Salvador several times a year, and her neighbors fear storms more than they fear the march of diseases — first dengue, then chikungunya, now Zika. Flor worried about a lot of things, since she was pregnant.

Late in the afternoon, when the pains had somewhat eased, Flor thought she might go to a dammed-up bit of the river near her house to bathe. She is thirty-five and has lived in the same place all her life, where wrinkled hills are planted with corn, beans, and fruit trees. She took a towel and soap and walked out into the rain. Halfway to the river, the pains returned and overcame her. The next thing Flor remembers, she was in a room she didn’t recognize, unable to move. As she soon discovered, she was in a hospital, her ankle cuffed to the bed, and she was being investigated for abortion.

Photograph by Joshua Lutz
Article
Innocents·

= Subscribers only.
Sign in here.
Subscribe here.

"The next thing Flor remembers, she was in a room she didn’t recognize, unable to move. As she soon discovered, she was in a hospital, her ankle cuffed to the bed, and she was being investigated for abortion."
Photograph © Nadia Shira Cohen

Average amount of time a child spends in Santa Claus’s lap at Macy’s (in seconds):

37

Beer does not cause beer bellies.

Following the arrest of at least 10 clowns in Kentucky and Alabama, Tennesseans were warned that clowns could be “predators” and Pennsylvanians were advised not to interact with what one police chief described as “knuckleheads with clown-like clothes on.”

Subscribe to the Weekly Review newsletter. Don’t worry, we won’t sell your email address!

HARPER’S FINEST

Mississippi Drift

By

“Matt was happy enough to sustain himself on the detritus of a world he saw as careening toward self-destruction, and equally happy to scam a government he despised. 'I’m glad everyone’s so wasteful,' he told me. 'It supports my lifestyle.'”

Subscribe Today