Investors across the world have been given hope after the U.S. government took over and backed Fannie Mae and Freddie Mac Sept. 7, according to the New York Times. The move ensures that credit will continue to function despite the damage to the nation’s mortgage system and investors from around the world, especially in Asia where billions of dollars worth of the two company’s bonds are located.
Demand for internet access across the country is exceeding what libraries can provide, and Kentucky and Ohio libraries are among the states with the largest demand, according to Gannett News Service. The internet, once thought a risk to the continued existence of libraries, has brought on a resurgence in library attendance across the nation, but very few libraries are able to meet the demands.
A 26 year old man in Zephyrhills, Fl. was arrested Sept. 6 for stealing $50,000 worth of bottled water from his work within a six week period, according to tbo.com. Michael Gordon Fernandes allegedly sold the water by the case load for $500 a piece to support his family.