An American cattleman. The Congressional Budget Office announced that a proposed plan to control health-care spending would save only $2 billion over ten years, compared to a proposed $1 trillion in spending, although the agency also pointed out that the legislation could increase the proportion of people receiving insurance through their employers, despite Republican claims to the contrary. Democrats, with control of both the House and Senate, fought among themselves. House Energy and Commerce Chairman Henry Waxman threatened to move the bill to the floor without a committee vote if the Blue Dogs, seven conservative Democrats, refused to cooperate; Nancy …

President Barack Obama addressed a joint session of Congress, offering a broad outline of a massive spending plan paired with $2 trillion in spending cuts over the next decade. “Now is the time,” he said, “to jump-start job creation, restart lending, and invest in areas like energy, health care, and education.”NPR.orgIt was announced that General Motors lost $30.9 billion last year; that U.S. GDP fell 6.2 percent in the fourth quarter of 2008, exceeding the officially predicted 3.8 percent drop, and even the 5.5 percent drop economists had expected; and that the U.S. government will own up to 36 percent …

An American cattleman. The U.S. Senate and House of Representatives passed the Emergency Economic Stabilization Act of 2008. The legislation, which originated as a three-page proposal by Treasury Secretary Henry Paulson and grew to 451 pages after House and Senate negotiations, established the Troubled Asset Relief Program (TARP) to grant the Secretary of the Treasury up to $700 billion to buy troubled assets owned by financial institutions, to allow the Treasury to limit executive compensation and “golden parachutes” at those institutions, and to establish an oversight board to monitor the Treasury. The act also provides wooden arrow manufacturers an exemption …

One million people fled New Orleans to avoid Hurricane Gustav, which landed in Louisiana as a weakened category-2 hurricane and caused relatively little damage. Mississippi officials ordered people still living in the FEMA trailers erected after Hurricane Katrina to evacuate, and John McCain canceled opening-day ceremonies for the Republican National Convention at the Xcel Energy Center in Saint Paul, Minnesota. “This is a time when we have to do away with our party politics and we have to act as Americans,” said McCain. “Not as Republicans.”GuardianIOL.co.zaNew York TimesUSA TodayYahoo!McCain picked Alaska Governor Sarah Palin, 44, as his running mate. Palin, …

Radovan Karadzic was arrested in Belgrade and awaits imminent extradition to The Hague, where he will face charges of genocide for his role in the Srebrenica massacres and the siege of Sarajevo. The former Bosnian Serb president, a psychiatrist and poet who in 1991 pledged to drive Bosnian Muslims down “the highway of hell and suffering,” had been living in the Serbian capital as a New Age guru, promoting alternative medicine and “Human Quantum Energy” under the name “Dragan David Dabic.” Serbia hoped the arrest would hasten its campaign to join the European Union, and it was reported that Ratko …

An American cattleman. As the war in Iraq stretched beyond its fifth year the U.S. death toll rose to 4,000, and a national conference intended to reconcile sectarian groups was boycotted by Sunnis.BBC NewsAssociated PressMSNBCSenator John McCain visited Jordan and told reporters that it was “common knowledge and has been reported in the media that Al Qaeda is going back into Iran and receiving training and are coming back into Iraq from Iran.” Senator Joe Lieberman was seen whispering into McCain’s ear, after which McCain apologized. “The Iranians are training extremists,” he explained. “Not Al Qaeda.” Later, in Jerusalem, a …

An American cattleman. In the G.O.P. primaries on Super Tuesday, John McCain emerged as the likely Republican presidential nominee after winning California,New York, New Jersey, and other “blue states”; Mike Huckabee won states in the South, and Mitt Romney won states in which he has owned a home. Romney later announced the end of his presidential campaign to an audience that moaned and cried “No, no!” “Size,” explained Romney, referring to the number of delegates pledged to McCain, “does matter.”Talking Points MemoNational PostBreitbartDemocratic primaries left neither Senator Barack Obama nor Senator Hillary Clinton with a clear lead over the other, …

President George W. Bush predicted a “nuclear holocaust” if Iran develops weapons of mass destruction and accused the country of undertaking “murderous activities in Iraq”; Iran’s foreign minister described Bush’s comments as a sign of “political despair” caused by “a serious problem in creating propaganda for the next election.” BBCBBCBreitbart.com via Drudgereport.comBush announced his intention to found a “fantastic Freedom Institute” after he leaves office,NY Timesand two brothers survived in a collapsed Beijing coal mine for five days by eating coal and drinking their own urine. “You can only take small sips,” said Meng Xianchen, “and when you’ve finished, you …

In the midst of a brief thunderstorm that transfixed the New York City subway system and killed one motorist, a tornado formed over the Atlantic Ocean, grazed the north coast of Staten Island, and blew into Brooklyn, felling 292 trees, ripping roofs off dozens of buildings, and displacing 200 people from their homes. New York TimesNY1Losses among lenders to American debtors led to a one-day plunge of 387 points in the Dow Industrial Average. The Federal Reserve injected $62 billion into the market–its largest intervention since September 19, 2001–and its international counterparts followed suit. Hedge funds were in the red. …

The Cloaca Maxima, 1872 Iraqis took to the streets after the national soccer team beat Saudi Arabia 1?0 in the Asian Cup championship. At least four people were killed by “happy fire” in the midst of what were reported to be the largest spontaneous celebrations in Iraq since the fall of Saddam Hussein. “Sport brings us together while the heads of everything in Baghdad can’t bring us together for five years,” said one reveler. “If the Iraqi football team ruled us, peace would spread in our home.” Each member of the Lions of the Two Rivers will receive $10,000 from …

Caught in the Web, 1860. British prime minister Tony Blair announced that he will resign next month after ten years in power. Much speculation ensued about what the 54-year-old Blair would do next, and it was thought that he might establish a foundation to fight poverty in Africa. “[Blair] was the worst thing that ever happened to Africa,” said Bright Matonga, the deputy information minister of Zimbabwe. “We hope that the children of Iraq and Afghanistan he is killing everyday will haunt him for the rest of his life.”Daily MailThe AustralianGuardian A majority in Iraq’s parliament backed a bill drafted …

In Iraq, armed men believed to be working for the Ministry of Defense kidnapped an Iranian diplomat, a car bomb killed at least 33 policemen, a political officer affiliated with the Mahdi Army was assassinated, and in Sadr City, Baghdad’s largest Shiite slum, conditions were much improved following the input of $41 million in reconstruction funds.NY TimesCNNNY TimesNY TimesA mistrial was declared in the court-martial of Lieutenant Ehren K. Watada, the first American military officer to refuse to deploy to Iraq,.NY Times and Vivelacanadaand Secretary of Defense Robert Gates dismissed Vladimir Putin’s criticisms of U.S. foreign policy as the “blunt …

An American cattleman. Robert Gates was approved by the Senate to replace Donald Rumsfeld as the new secretary of defense; senators described themselves as “very pleased,” “very impressed,” “very enthusiastic,” “very grateful,” and “very happy” with the confirmation. Rumsfeld gave an emotional farewell speech to Pentagon employees, and had to wipe his nose.Washington PostWashington PostNew York TimesPresident George W. Bush blamed John Bolton’s departure from the U.N. on the “shallow politics” of the Senate, and Kofi Annan, who will leave the U.N. on December 31 after completing his second five-year term as secretary general, said that he and Bolton were …

Runaway Raft on the Tigris. Thousands of U.S. Marine reserves were involuntarily recalled to active duty to offset a lack of volunteers for the fighting in Iraq and Afghanistan.CNNPresident George W. Bush admitted that the Iraq war was “straining the psyche of our country,”Washington Postand Secretary of State Condoleezza Rice refused to categorize the fighting in Iraq as a civil war, citing instead “sectarian differences.”Washington PostThree Kurdish women testified against Saddam Hussein in his chemical-weapons genocide trial, describing a “sweet, mysterious smell” that blinded them, killed their relatives, and forced them to hide in caves.New York TimesA senior U.S. general …

Connecticut Senator Joseph Lieberman lost the DemocraticSenate primary election to anti-Iraq-war candidate Ned Lamont. Lieberman then announced that he would run as an independent candidate, and that “Team Connecticut” would “surge forward to victory.” Vice President Dick Cheney said that Lamont’s victory was encouraging to “Al Qaeda types.”Chicago Sun-TimesUnder pressure from U.S. officials, authorities in the United Kingdom announced the discovery of a terrorist plot to blow up as many as ten passenger planes in the air, possibly by using explosive liquids hidden inside sports-drink bottles. Twenty-one suspects were arrested. Britain raised its threat level to “critical”; the United States …

Israeli Prime Minister Ehud Olmert insisted that the war with Lebanon would continue, and the Lebanese government rejected an internationally-brokered peace plan, claiming it favored Israel.Washington PostHezbollah leader Sheik Hassan Nasrallah boasted that his forces were inflicting “maximum casualties” and warned Israel that if it “bombed our capital Beirut, we will bomb the capital of your usurping entity”; he also called on his fellow Arab leaders to “be men for just one day.”NY TimesCNNLebanon’sstock exchange reopened,NY TimesNY TimesBBCand the mayor of Beirut said war with Israel was bad for the environment.Globe and MailEnglish Prime Minister Tony Blair said there was …

In Iraq over 66 people were killed in attacks, including two CBS News employees when their convoy was struck by a car bomb; a CBS correspondent was seriously injured in the same attack. In Baghdad two tennis players and their coach were killed for wearing shorts, and a Marine helicopter was shot down over the Anbar province.ABC NewsAP via Forbes.comABC NewsABC NewsABC NewsSoldiers were developing emotional relationships with their bomb-defusing robots. “Please fix Scooby Doo,” said one soldier, “because he saved my life.”MSNBCSenator John Warner called for hearings into the killings of more than 20 civilians in Haditha by U.S. …

The U.S. State Department issued a report criticizing human rights abuses in China, North Korea, Iran, and Cuba. It also criticized the rights records of Jordan and Egypt, two countries where the United States has sent detainees to be interrogated. The report noted that the United States’ “own journey towards liberty and justice for all has been long and difficult,” and is “far from complete.”The New York TimesThe IndependentA bombing at a Shiite market in Sadr City, Iraq, killed at least 50 people; Shiite vigilantes responded by abducting four men, beating and executing them, and hanging them from lampposts.The New …

Secretary of Defense Donald Rumsfeld called for the United States to increase its propaganda efforts in the Middle East,BBC Newsas riots over cartoons of the Prophet Muhammad continued around the world. In Nigeria 16 people were killed in rioting and 11 churches were burned; in Libya at least 10 people were killed; and in Pakistan at least 5 people were killed. In Volgograd, Russia, officials closed the city newspaper after it published a cartoon that showed Muhammad, Jesus, Moses, and Buddha watching TV together. Fifteen thousand people protested the cartoons in London. “We have to speak up,” said a Muslim …

The Conservative Party won a plurality of seats in Canada’s federal election, making Stephen Harper Canada’s next prime minister.CBC.caThe Islamic group Hamas won 76 of 132 parliamentary seats in Palestine’s parliamentary elections, unseating the Fatah party. U.S. President George W. Bush, whose administration supported open democratic elections in Palestine, said that the United States would not negotiate with Hamas until the organization renounced its chartered goal of destroyingIsrael,BBC Newsand U.S. Secretary of State Condoleezza Rice announced that the United States would cut off aid to Palestine if Hamas assumed power without changing its policies. “I’ve asked why nobody saw it …