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Front Page: Federal Bailout Lacks Oversight

    • Although $290 billion of the $700 billion allocated to the bailout program has been dispersed, Congress has taken no action to fill the independent oversight posts established to prevent corruption and waste. — Washington Post
    • Germany has already entered a recession, according to the latest data, which also shows that most industrialized countries are facing a major slowdown. — New York Times
    • The Austrian man accused of keeping his daughter in his basement for 24 years and forcing her to father his children has been charged with murdering one of their children. — CCN
    • MSNBC retracted its story about Sarah Palin that proved to be a hoax. MSNBC reported an adviser to John McCain had identified himself as the source of an embarrassing Fox News story that Palin did not know Africa was a continent. The man who came forward was not in fact the source. — AP


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