Friday, January 07, 2005

Afternoon Update - 1.7.05

The former finance director for Sen. Hillary Clinton's campaign has been indicted on charges of causing false campaign finance reports to be filed with the Federal Election Commission (FEC).

The indictment of David Rosen stems from a fund-arising gala for Clinton in August 2000. The junior senator from New York was still first lady at the time.

The four counts of the indictment charge Rosen with knowingly provide false documents to the Commission that overstated contributions to Clinton and understating costs of the events.

If convicted, Rosen could receive 5 years in prison and fines up to $250,000 for each count.

It is likely that Senator Clinton and her husband were aware of the false reports and approved them
wnbc.com - Politics - Hillary Clinton's Campaign Finance Director Indicted

Sen. Barbara Boxer (D-CA) may not be a very good Senator, but she is branching out into acting.

The AP is publishing pictures of the liberal Democrat crying as she joined the objection to the Electoral Vote in Ohio.

There is nothing more phony than a phony and Senator you are one of the biggest phonies in politics.
Yahoo! News - Top Stories Photos - AP

The airline price war is heating up. Earlier this week Delta announced a dramatic cut in fares along with the elimination of Saturday night stays. The Atlanta based airline also announced a top fare of $599.

American Airlines quickly followed suit, but did not set a fare cap.

Now other airlines including United, Continental, US Airways, and Northwest are announcing similar price and rules restructuring.

The reduction in fares and other changes are in response to the growth of low fare airlines such as Southwest and JetBlue.
Northwest, US Airways, United and American are all now matching or coming close to matching Delta's 50 percent fare cuts in competing markets

If events warrant, more in the Evening Update or Weekend Briefing.

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