| Monday's Agenda, Jan. 28
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McCain's Cheap Dates?
OK, let's concede there are some unpleasant, unskilled jobs that need doing. How to get them done? 1) One solution is to raise the pay until enough Americans--including teens and college-age kids--and legal immigrants are willing to take the jobs. If the wage gets so high that machines can do the job more efficiently, then unskilled workers will gradually be replaced by robots. (Maybe Rove could tolerate having his son run a computerized robotic tomato picker.) 2) We could in effect draft Americans to do these lousy jobs. It would be a duty of citizenship, like serving on juries. I have a vague memory of Michael Walzer suggesting something along these lines in Spheres of Justice; 3) A third solution would be to import foreigners to work the lousy jobs, but offer them a deal in which, if they work for x number of years, they could gain equal citizenship.
At the Mercy of the Market
COMMERCE CITY, COLO.—At least the pounding hammers have stopped for now. Until a few weeks ago, the relentless whack, whack, whack of the construction crews down the street from Randy and Lacy Sullivan's Colorado home was a constant reminder of the competition the father and daughter face as they try to sell her three-bedroom house before the bank forecloses on it. "Why are you people still building?" Randy, 62, asked the construction supervisor for Richmond American Homes recently. "You've already got all these houses on the market." .
President Hillary
Of course, anything can happen in a political campaign, but the latest Field Poll of likely California Democrats and independent voters gives Hillary a 39 to 27 percent lead over Obama. This is bad news for Obama, because California is a progressive state where race is less likely to be a handicap. Obama is favored by those who rank the Iraq war and foreign policy as the most important issues, by blacks, college graduates, and those with higher incomes. Hillary is favored two to one by women, two to one by lower income groups and three to one among Latinos. Hillary has a further advantage. At the 2004 Democratic National Convention approximately 50 per cent of the delegates were women. As Democratic delegates are invariably feminists, they are not going to miss the chance of putting a woman in the presidency.
Vulture investor gives advice on success at a turbulent time
David Dweck considers himself an optimist, rather than a vulture real estate investor. But, it seems possible to be both. The strategies of an investor who buys low and sells at just the right moments in real estate cycles show vultures probably are the most optimistic buyers in soft residential markets. South Florida's sluggish residential market is not likely to turn around before 2010 for new construction and condos, but resales may see some improvement in 2009, Dweck said, if tax and insurance issues are more favorable and we don't have a hurricane. "If you have staying power, this is a great time to buy," said Dweck, the founder and president of the Boca Real Estate Investment Club. "Like my friend says: 'Those who survive will thrive.' Many people are treading water now.
Giuliani rues tactics as poll lead slumps
It was meant to be a rally in the bright Florida sunshine, overlooking the shores of the Gulf of Mexico to hear 'America's Mayor', Rudy Giuliani, make his pitch to be the next President. But Florida has a way of upsetting the best-laid plans and a surprise storm hit Pensacola. Instead of basking in the winter sun, 150 people crammed inside a bar, sheltering from the driving rain, freezing temperatures and blustery wind. 'This is strange. No one expected it to be like this,' said a puzzled Michael O'Hare, a firm Giuliani supporter. .
History Channel from Amsterdam
The 57-year-old former market trader and Birmingham city council chief executive emerged as the strongest contender in what was a small field of candidates. Sir Michael said: "It is a great privilege to be appointed chairman of the BBC Trust. As the BBC's sovereign body, our duty is to ensure the public who pay for the BBC retain overall control of their BBC. Back to top CNN digital research team CNN International has launched a newly formed global digital research team based in London, to coordinate research across new platforms. The team has been created to measure how audiences are consuming CNN across non-linear devices such as the Internet, mobile and IPTV. In 2007 CNN is set to see the launch of new CNN IPTV services across Europe and has already seen the re-launch of CNNs mobile product in Europe, Middle East, Africa and Latin America.
Bush strikes a stance for history
The speech, delivered to the joint houses of Congress on Monday night, has been weeks in the making. It had one eye on shaping Mr Bush's legacy, and put particular emphasis on the economy, Iraq and his efforts to forge a peace deal in the Middle East - the issues which will shape how history treats his presidency. But it also included signs that despite having less than 12 months in office, Mr Bush remains committed to the domestic agenda. He still wants Congress to act on some pressing domestic problems: extending his "no child left behind" schools program, dealing with the unfunded liability in the social security system, moving forward on climate change and energy security, and coming up with a humane program to deal with the millions of illegal immigrants already in the US.
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