Tuesday, August 10, 2010

221 News Script

221 News Script
Economy, Weather and Sports
Welcome to Communication 221, I’m Joshua Cappannelli.

A disappointing jobs report last Friday has intensified speculation that the Federal Reserve could take steps this week to stimulate the faltering recovery.

The Fed's most dramatic move would be to purchase new mortgage-backed securities or Treasury bonds to lower interest rates.

Far more likely, many economists say, is that the central bank will take a middle-ground.

From the economy at home, to the weather abroad.

Yesterday, Moscow's chief health official reported that the daily mortality rate has nearly doubled in recent days, singling out the heat as the primary factor.

Independent doctors said a rise in mortality was to be expected for a heat wave in a northern city ill-equipped for such temperatures. Temperatures have been in the high 90s for weeks.

From hot weather to the hottest team in the N-F-L.

The Super Bowl champion New Orleans Saints visited the White House yesterday morning.

President Barack Obama lauded Saints coach Sean Payton for starting the second half of the Super Bowl with an onside kick.

A bold maneuver that helped trigger New Orleans' win over the Indianapolis Colts.

Obama said quote, "I make some tough decisions every day, but I never decided on an onside kick in the second half of the Super Bowl. That took some guts. ... I'm glad that thing went all right," end quote.

I’m Joshua Cappannelli. Thank you.

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