The Federal Open Market Committee decided today to lower its target for the federal funds rate 50 basis points to 1 percent.
The pace of economic activity appears to have slowed markedly, owing importantly to a decline in consumer expenditures. Business equipment spending and industrial production have weakened in recent months, and slowing economic activity in [...]

PARIS, France – BAE Systems has launched its ARTISAN 3D (Advanced Radar Target Indication Situational Awareness and Navigation) radar for the export market at Euronaval.
ARTISAN is designed as a main surveillance and target indication radar for surface vessels.  It provides high performance in difficult environmental and clutter conditions and is ideally suited for operation in [...]

Two white supremacists allegedly plotted to go on a national killing spree, shooting and decapitating black people and ultimately targeting Democratic presidential candidate Barack Obama, federal authorities said Monday.
Jim Cavanaugh, special agent in charge of ATF’s Nashville field office, said the two men whom he described as neo-Nazi skinheads planned to kill 88 people — [...]

In a new TV ad, “Try This” (subscription), Obama directs viewers to TaxCutFacts.org, where they can plug in their income, marital status and number of dependents and calculate how much they would save with each candidate. “The independent Tax Policy Center says Obama offers middle-class tax cuts three times as big as McCain’s,” the announcer [...]

Mayor Michael Bloomberg, the multibillionaire able to finance his own re-election bid, can now seek four more years after the City Council in a 29-22 vote passed a bill changing local law to allow for three terms for citywide offices.
Opponents vowed to wage a court battle and accused Bloomberg and his supporters of ignoring voters, [...]

HUDSON, New Hampshire — BAE Systems has teamed with General Dynamics to compete for the U.S. Navy’s upcoming Surface Electronic Warfare Improvement Program (SEWIP) Block 2 upgrade effort.
The next-generation electronic warfare system, called Sea Lightning, is designed to defeat increasingly sophisticated maritime threats by intercepting and classifying threat radars, particularly those on anti-ship cruise missiles. [...]

See the real Sarah Palin on the SNL video here:

Also featuring Alec Baldwin and Tina Fey.

Maverick solutions for fixing the financial crisis. And a guy coming from the absolute worst place in this World.

YORK, Pennsylvania – BAE Systems, under a U.S. Army contract worth $11.6 million, will provide engineering changes to the Bradley Automated Fire Extinguishing Systems (AFES) for up to 419 Bradley reset vehicles.
“The AFES includes sensors placed strategically within the vehicle that detect fire and signal the release of flame retardant,” said Andy Hove, vice president [...]

3rd Presidential Debate Wednesday October 15th 2008 Third Presidential Debate in High Quality. McCain Obama debate from Hofstra University in Hempstead New York.
Part 15
The topic is education.

Part 16
The topic is education and vouchers. Should schools get more federal funding?

Part 17
These are the closing statements.