From American Progress:
"The number of job cuts announced in September rose as the economy slowed," according to a report released today by outplacement consultancy Challenger, Gray & Christmas, Inc. Cuts "rose 7.2% to 95,094 from 88,736 the previous month, and were 33% higher than the same month last year, when 71,739 cuts were announced."
The Senate will vote on its version of the bailout bill today, which added tax breaks for businesses and alternative energy and higher government insurance for bank deposits to the version rejected by the House earlier this week.
According to a new USA Today/Gallup poll, "just 27 percent of Americans approve of the job George W. Bush is doing as president, the lowest rating of his presidency." Bush’s approval rating declined from 31 percent in the last Gallup poll.
Yesterday, Rep. Peter DeFazio (D-OR) "created legislation meant to help the capsizing financial markets right themselves." "DeFazio, a vociferous opponent of the Bush Administration's $700 billion Wall Street bailout, calls his legislation the 'No BAILOUTS Act.'" Read about the details of the legislation here.
Former VECO head Bill Allen testified against Sen. Ted Stevens (R-AK) yesterday, detailing the free gifts he exchanged with Stevens. Allen said he gave Stevens a 1999 "loaded" Land Rover, valued at $44,000, in exchange for a 1964 Mustang and $5,000, explaining he went through with the sweetheart deal "because I liked Ted."
And finally: Sin City has launched a new marketing campaign geared at Election Day. According to Vegas.com President Howard Lefkowitz, "[B]y the time voters go to the polls, their frustration is bound to manifest itself in drinking, gambling and other questionable behavior. 'This is our attempt to make the campaign a little more tolerable,' he said. New bumper stickers being sold by Vegas.com read: "Vegas: Because you need to be drunk to make it through this election."