Saturday, January 12, 2008

Saturday, January 12 in the news....

  • One of the largest bombing campaigns of the war destroyed extremists' "defensive belts" south of Baghdad, allowing American soldiers to push into areas where they have not been in years, a top commander said Friday. He denied these areas were 'back home'.

  • About a dozen senior campaign staffers for Rudy Giuliani are forgoing their January paychecks, aides said Friday, a sign of possible money trouble for the Republican presidential candidate. When questioned on the state of the donours Giuliani would only say that he hopes they haven't forgot about 9/11.

  • The U.S. trade deficit in November surged to the highest level in 14 months, reflecting record foreign crude oil prices. The deficit with China declined slightly, but was later found to be an issue with warehouses running out of storage room for American paper dollars.