Monday Evening News Roundup
Brookshire Hathaway, the investment group led by Warren Buffett, posted a third-quarter profit of $1.06 billion. This was a net income decrease by 77%. It is the fourth straight quarter of profit loss, but it must be understood that they made a profit. It was just less profit than they’ve made in the past.
Political Animal’s Hilzoy had a nice post this morning on trusting Barack Obama. Personally, I believe that Barack Obama will have trouble from the left and from the right. He will not be liberal enough for the left and he won’t be conservative enough for the right.
Barack Obama and his advisers are working on a plan to close Guantánamo Bay, which needed to be done two years ago. Well, to be honest, Guantánamo Bay should never have been opened as the come one, come all detention center for folks we had no idea what to do with. We should have spent the intellectual capital to figure out the problem.
China is planning a massive investment in its own infrastructure. They are looking at $586 billion worth of investment.
Senator Harry Reid seem to be supporting Joe Lieberman, while at the same time speaking out relatively strongly against Senator Ted Stevens. The Lieberman saga continues.
Al Franken continues to narrow his deficit against incumbent Senator Norm Coleman. Franken now trails by only 204 votes.
Governor Howard Dean plans to step down as chair of the Democratic National Committee. I guess when all the pundits said you were wrong and foolish to believe in a 50-state strategy and you prove that the pundits were, beyond a shadow of a doubt, all morons…yep, it is time to step down.
MSNBC has extended Keith Olbermann’s contract and has given him any “healthy” raise. Congratulations, Keith.