FUBAR

Olbermann, Matthews demoted at MSNBC

MSNBC is replacing Keith Olbermann and Chris Matthews as co-anchors of political night coverage with David Gregory, and will use the two newsmen as commentators.

Uncle Sam becomes a mortgage banker

Fannie Mae and Freddie Mac are, at least for the time being, curious entities called Government Sponsored Enterprises, federally chartered mortgage giants run as private for-profit businesses. And for a long time its executives and shareholders did very well out of them.

Be careful what you wish for

Oh, how I remember all those wonderful children I was going to have.

The perfect children who wouldn’t talk back to me, ever have a bad attitude, fight with their siblings, the ones who wouldn’t disobey.

The power of petroleum

Perhaps money can’t buy love, but it can certainly purchase power. So as oil prices have been rising, the major oil-producing nations have been gaining clout.

What’s good for General Motors…

You’re watching the Olympics and finding yourself bedazzled by the feats of utterly dedicated, amazing athletes when a commercial intervenes, likewise promising a bedazzling feat, this one by a major U.S. corporation. It’s the sort of thing that just could alter American lives for the better.

The dollar makes a comeback

Almost out of nowhere, the once-ailing U.S. dollar has come storming back. That’s good news on several fronts.

A stronger dollar will quell simmering domestic inflation, which last month reached a worrisome 5.6 percent over July a year ago, a 17-year high.

Getting hacked at the Olympics

U.S. athletes, journalists, public officials and tourists attending the Summer Olympic Games in Beijing are at risk of Chinese hackers — most likely with Chinese government approval — infiltrating their laptops, Black Berrys and other electronic devices, security experts are warning.

When the minority is the majority

In 34 years, a generation from now, America truly will be a melting pot. The Census Bureau estimates that minorities, currently one third of the U.S. population, will constitute just over half of the population by 2042.

The ever-changing face of America

One of the coolest things about the Olympics has been that the U.S. athletes do not all have the same last name and do not all look like one another. They boast an amazing array of ethnic and racial heritages.

How should the U.S. respond?

The war in the Caucasus has been compared by some on the right to Germany’s seizure of the Sudetenland from Czechoslovakia in 1938. Officials such as Vice President Dick Cheney and Sen. John McCain, the GOP presidential candidate, have argued for a forceful American response to the new crisis.