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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 24, 2009
Page
12
A suicide bombing at a Kurdish funeral north of Baghdad leaves 25 dead and 45 wounded, part of four attacks across Iraq that killed 37 and injured 60. The violence underscores Kurdish Arab land disputes and shifts in regional power.
A Robert Wood Johnson Foundation study shows nearly 1 in 5 workers ages 19 to 64 were uninsured in 2006 07 up from 1994 95 and 1996 97 as employer premiums outpaced wages six to eightfold. Workers fund Medicare and aid others but lack direct safety nets for themselves.
Israel's military condemned IDF soldiers for wearing T-shirts showing a pregnant Arab woman in rifle cross hairs and a gun-toting child with violent captions. Haaretz cited the incident as tasteless and not sanctioned by the army, which pledged disciplinary action where appropriate. The shirts appeared at the end of training and followed Gaza war misconduct allegations.
The Obama administration proposed taking over up to 1 trillion dollars in four mortgage securities with private investor help. Treasury, Fed, and FDIC coordinate a mix of government and private funds to unclog the credit system and advance the recovery.
The Dow rose about 500 points after a plan to use 8B for hedge funds to help banks value real estate securi ties and toxic assets. Obama said the goal is to restore consumer and auto loans student loans and small business financing to move the economy forward. The plan seeks to value damaged mortgage loans and other toxic securities.
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