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USA UK and Malta News
16/12/2007 - 22:23

USA today, Editoweb 16 dec 2007


Greenspan: Give homeowners financial aid - Romney: Huckabee wrong on Bush - Obama describes faith amid false rumors - President Bush signed the U.S.-Peru Trade Promotion Agreement Implementation Act - Big winter storm pummels Northeast.



Greenspan: Give homeowners financial aid
Alan Greenspan, former chairman of the Federal Reserve, suggested Sunday that a tax break or other government financial help for homeowners facing the mortgage crunch would be the best political fix for the economy.
He cautioned against meddling with home prices or interest rates to address the housing problem. Greenspan did not specifically call for a tax cut. Instead, he called for the government to apply money to the severe housing market slump.

Romney: Huckabee wrong on Bush
Former Massachusetts Gov. Mitt Romney took aim at Mike Huckabee's grasp of foreign affairs Saturday, complaining that his Republican rival was sounding like a Democratic presidential candidate in criticizing President Bush.
Romney cited published remarks by Huckabee in which the former Arkansas governor said "the Bush administration's arrogant bunker mentality has been counterproductive at home and abroad." Romney expressed astonishment with the comment.

Obama describes faith amid false rumors
Democrat Barack Obama on Sunday confronted one of the persistent falsehoods circulating about him on the Internet.
He went to church.
His attendance here at the First Congregational United Church of Christ, with the news media in tow, was as much an observation of faith as it was a rejoinder to the e-mailed rumors that he is a Muslim and poses a threat to the security of the United States.

President Bush
President Bush waves at right as Peru's President Alan Garcia, second from left, embraces Treasury Secretary Henry Paulson after the president signed the U.S.-Peru Trade Promotion Agreement Implementation Act, Friday, Dec. 14, 2007, in the Eisenhower Executive Office Building in Washington. State Condoleezza Rice is at left.

Big winter storm pummels Northeast
Motorists slid off roads Sunday across the Great Lakes states and into New England as a storm already blamed for three deaths cut visibility and iced over highways with a wind-blown brew of snow, sleet and freezing rain.
The National Weather Service posted winter storm warnings from Michigan and Indiana all the way to Maine. Around a foot of snow had fallen on parts of the Chicago area and Ann Arbor, Mich., with 10 inches in Vermont. Meteorologists said that 18 inches was possible in northern New England and that there was a chance of 14 inches in parts of Michigan.

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