Thursday, March 19, 2009

Daily Updates from The Page on TIME.com

The Page --- The Latest Updates

Duke Coach to Obama: Forget the Brackets!

Mike Krzyzewski says the president should spend his time addressing the economy, rather than the Final Four. "Really, the economy is something that he should focus on, probably more than the brackets." Obama has Duke rival North Carolina winning the tournament.

Meeting with the Regulators

Geithner sits down Thursday morning with the President's Working Group on Financial Markets . Attendees expected to include heads of the Fed, SEC and Commodity Futures Trading Commission.

New Jobless Claims Dip

New claims drop unexpectedly by 12,000, to 646,000. But continuing jobless claims-- now at 5.5 million-- set a record for the 8th straight week.

Really in the Red

Congressional Budget Office likely to add over $1 trillion to the debt already in Obama's spending plan when releasing deficit estimates Friday.

Stimulus Czar: Waste Happens

The top auditor overseeing stimulus spending tells Congress that some waste and fraud are inevitable but that his team's job is to minimize those losses.

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Swampland

Citibank's Free Hot Dogs and Premium Millwork

Last Friday, the Citibank branch nearest the White House (14th and G) bought out a street corner hot dog stand for a few hours, and gave anyone who passed by free hot dogs. As a regular purchaser of hot dogs at this particular hot dog stand--cost $1.50, condiments included--I considered writing a funny blog post [...]

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