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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Oct 26, 2005
Page
23
The Consumer Confidence Index from a 5 000 household survey shows a seasonally adjusted reading of 100 in 1985 indicating improved sentiment across the United States.
The Conference Board reports the Consumer Confidence Index dropping to 85 for October, the lowest since 2003, with a slide from September’s 87.5 amid Hurricanes, rising fuel costs, and job worries. Cindy Sheehan links anti war activism to Clinton’s political ambitions urging war opponents to withhold support.
A Pew Research Center poll shows the public rating of the federal government dropping from 59 to 45 percent favorable and a similar 45 percent for business corporations. Oil company views fell from 32 to 20 percent.
President Bush names Ben Bernanke as next Fed chairman with a pledge to maintain Greenspan's policy framework. Markets rally as the Dow climbs about 170 points amid the nomination, while some Democrats pledge to question Bernanke on Fed independence. Greenspan will retire after 18 years and five months.
Rising natural gas and heating oil prices push up heating bills for new large homes with high ceilings. Families like the Mackenfuss have seen bills surge from 75 to 161 dollars monthly as they adjust by cooking at home more, drying clothes outside, and choosing efficient heating. Higher taxes and mortgages compound the strain.
The White House refused to comment on whether Vice President Cheney disclosed the CIA officer's identity. Notes suggest Libby learned of the officer from Cheney, while Libby's testimony claims he heard of Plame from journalists. The Times cites legal sources and Fitzgerald's probe context.
UN investigator Detlev Mehlis urged Syria to deepen cooperation as the Mehlis report implicated top Syrian and Lebanese officials in Rafik Hariri’s Feb bombing. Washington and Paris backed the findings and pressed for tangible evidence and fuller disclosure by Damascus.
Militants opened fire on a police vehicle near Kabul killing two senior officers who taught at a police academy. A botched ambush of a U.S.-led convoy south of the city killed six Afghans, including a child, with three wounded. Police uncovered a bombs cache tied to militants plotting against peacekeepers.
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