Word: cancelations
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...Singaporeans waiting in a long line outside the offices of U.S. insurance giant AIG's Singapore subsidiary, AIA, during the afternoon of Sept. 17. Aee had been standing in the searing sunshine for three hours, but he wasn't giving up. He and his fellow petitioners were desperate to cancel their insurance policies and withdraw investments, just in case AIG went belly up, leaving assets held by AIA in limbo. Aee was well aware that the U.S. Federal Reserve had extended an $85 billion lifeline to AIG several hours before. But the news did little to calm his nerves...
...hurricane gave the McCain camp something it could hardly have hoped for a few days ago: a reason to cancel Bush's speech on the opening day of the party's coronation of his successor. The President, with favorability ratings stuck below 30% for months, may be popular in the convention hall with loyal GOP soldiers. But with the Democrats doing everything they can to paint McCain's candidacy as a third term of Bush, the President is the last person McCain wants as the party's face going into the fall campaign...
...problem with silver linings, though, is that they disappear as fast as the clouds they surround. Gustav's negligible impact and early demise meant that the GOP couldn't cancel Bush completely - throwing a sitting President under a bus must be done discreetly. So they've settled for the next best thing: a very short speech via satellite by the President from the White House tonight around 9:30 p.m. E.T. Bush will speak for all of eight minutes, thanking Republicans for their backing over the years and urging them to work hard to help elect McCain...
...PAUL, Minn.—Delegates and Harvard affiliates at the Republican National Convention applauded the Republican leadership's decision to cancel the festivities of the first day out of respect to victims of Hurricane Gustav, which is threatening the Gulf Coast...
...message before the chaotic fall battle ensues. But now, thanks to that most unpredictable of factors, the weather, McCain and the Republican Party face an unexpected challenge, and potential opportunity, in their quadrennial gathering. With Hurricane Gustav bearing down on the Gulf Coast, the GOP decided late Sunday to cancel most of the first day of the Republican National Convention. The storm is the worst to pass over the Gulf of Mexico since 2005, when President Bush and the federal government horribly botched the rescue and relief response to Hurricane Katrina, unmistakably tarnishing the Republican brand...