| The Editorial Board
But Democrats have their hopes up this year because the GOP incumbent up for re-election, John Cornyn, 56, doesn't seem as popular as his Republican colleague, Sen. Kay Bailey Hutchison. Also, the GOP in general seems to be on the defensive over a deeply unpopular war and a struggling economy. Still, this race is a long shot for Democrats, who have not won a U.S. Senate race in Texas since Lloyd Bentsen did it in 1988. Democrats in the March 4 primary have four choices in nominating a candidate to run in this fall's general election, and easily the most qualified is Rick Noriega of Houston, a state representative and Texas National Guard officer. The other three candidates are Ray McMurrey, an earnest Corpus Christi government teacher; Rhett Smith, a San Antonio security guard who ran as a Republican for governor in 2006; and Gene Kelly, a Universal City retiree and perennial candidate.
Winning the war on …
Granted, I was not stupid enough to sign up for an Adjustable Rate Mortgage nor did I sit around the last 7 years whining about how bad things were and not doing a damn thing to make my situation better, like all of the cry baby lib losers, who were apparently too ignorant to succeed in this fiscally beneficial environment, have done. I crank out the greenbacks and the libs whimper. Thank You Very Much, Luckoduh P.S. Can you believe that all of these libs that have failed financially and only know how to whine about it are now wanting to run the whole country? Ah-hahahahaha, yeah, right. $$$$$$ Guess who: John McCain is Bob Dole minus the charm, conservatism and youth. $$$$$$ {{{{So here we are back in the politics of the 1990s and the Clintons have not even gotten into a race with the diabolical Republicans.
Report Raises Alarm over 'Superweeds'
It's been 12 years since the first genetically modified crop was sown in the U.S., and controversy has raged since. Now, another salvo has been launched, in the form of a new report from environmental activist organization Friends of the Earth International and the Center for Food Safety, a Washington (D.C.) advocacy group. Called Who Benefits from GM Crops?, the study examines the emergence of "superweeds" that have developed a resistance to conventional herbicides such as Monsanto's (MON) Roundup. The culprits, says the report, are plants like corn, soybeans, and cotton that have been genetically modified to survive Roundup. Farmers can spray their fields and the weeds will die but the crops will thrive. As more acres of "Roundup Ready" crops are planted, the use of the pesticide has increased.
Yesterday's trading: Disaster at Debenhams
Wall Street jumped 68 points in the early stages ahead of President Bush's sub-prime aid package. Speculation suggested he was ready to freeze interest rates for a long as five years for sub-prime borrowers. Housebuilders certainly thought the reduction in mortgage rates would be insufficient to resuscitate the housing market. Persimmon lost 45½p to 750½p, Barratt Developments 19½p to 448¼p and Taylor Wimpey 3.95p to 199.3p. In the absence of an increased offer from BHP Billiton (28p off at 1619p) or a rival bid from Chinese top steelmaker Baosteel, Rio Tinto succumbed to profit-taking and shed 137p to 5583p. Nervous selling ahead of Tuesday's thirdquarter trading statement left Whitbread 22p off at 1390p. Tracker buying following its historic promotion into the Footsie helped the London Stock Exchange climb 67p to 1870p.
Australian stock market closes lower after US dip and inflation ...
At the 4.15pm AEDT close, the benchmark S&P/ASX200 index was 1.6 points lower at 5980.0 while the All Ordinaries index fell 13.5 points to 6040.9. On the Sydney Futures Exchange, the March share price index futures contract was down 23 points to 5981 on a volume of 21,062, according to preliminary calculations. Today, the monthly inflation gauge prepared by TD Securities-Melbourne Institute rose by 0.6 per cent in December, and by 3.7 per cent in the 12 months to December. The annual reading was the highest since December 2006. On the local bourse, the big miners and major banks were weaker. In the resources sector, global miner BHP Billiton was down six cents at $38.24, and Rio Tinto was off 60 cents at $125.00. Takeover target Allegiance Mining slipped 0.5 cents to $1.045 as it said a recent vote of support from its largest shareholder, China's Jinchuan Group, was a sign of the strength of the relationship between the companies.
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