Candidates gear up for Super Tuesday

With no clear front runners political experts believe that Super Tuesday will be very important for the candidates vying for their parties nomination. Candidates will be forced to decide which states they will hit as 22 states will be up for grabs. States have pushed up their primary or caucus dates in order to have more influence in the process. Some state parties have been penalized and delagate counts when violating the national parties directives.

Congress Bush to head off possible recession

With the stockmarket in freefall this week and the Federal Reserve Board cutting interest rates this week Congress got into the act as well by offering tax rebates and business incentives to stave off a possible recession. Many world markets fell in after hours trading as a result of the troubling US real estate market which has been in decline due to major losses in the subprime market. A shrinking US dollar has not helped the situation. These efforts are designed to instill confidence to the world that the US market is stable. World markets quickly recovered when the Federal Reserve announced an emergency rate cut of 3/4 basis points. The Federal Reserve is also expected to cut interest rates even lower at its next regular meeting.

NTSB determines gussets were cause of bridge collapse

The NTSB determined yesterday that gussets were the primary cause of the 35W bridge collapse in its preliminary report. They said that there was a flaw in the orginally design such that a inspection would not have discovered the problem. Gov. Pawlenty's office asked for the public and legislative leaders to withold judgement enlight of the news until the full report is released. He also ordered new bridge inspections as well based on the preliminary.