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The Suburbanite
  • Week in review: iPhone 5 debuts

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    Here are the top news stories from the past week:



     
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  • News of the week
    Here are the top news stories from the past week:
    - "I've been doing it since Day One. It's the experience more than anything. It just happens to be the hottest phone on the market." - Kelson Horton, 39, who stood in line for 15 hours to get the newiPhone 5. The phone was available at stores starting this morning.
    - Mitt Romney released his 2011 tax information Friday, and the numbers show that he made $13.7 million last year and paid $1.94 million in taxes, a rate of 14.1 percent. Romney has been criticized for not releasing tax information, including information from earlier in the 2000s.
    - "We will continue this tradition in the over 1,600 restaurants run by independent owner/operators. Going forward, our intent is to leave the policy debate over same-sex marriage to the government and political arena." – Statement from Chick-fil-A that was released earlier this year and sent again this week when it was reported that the company has decided to stop supporting anti-gay groups. Chick-fil-A was the center of a controversy over gay rights earlier this year.
    - Mortgage rates hit record lows this week, a drop that comes on the heels of the Federal Reserve’s announcement that it would buy billions in home loans. The 30-year rate fell to 3.49 percent, a record low that also was reached in July.
    - The U.S. Justice Department's inspector general announced Wednesday that 14 Bureau of Alcohol, Tobacco, Firearms and Explosives employees are responsible for failures in the “Fast and Furious” operation. Attorney General Eric Holder was cleared in the case, as the report found he wasn’t informed of the operation until after the death of a Border Patrol agent. Two of the 14 resigned immediately, and the other 12 may face disciplinary action.
    - "The U.S. housing recovery is for real. Great affordability, pent-up demand and strong investor interest in rental units are driving the market." - Sal Guatieri of BMO Capital Markets, commenting on the fact that home sales are up. The National Association of Realtors said sales of occupied homes rose 7.8 percent in August.
    - A new report says that half of U.S. adults will be obese by 2030. The report, done by the Trust for America's Health and the Robert Wood Johnson Foundation, builds on data released earlier this year from the Centers for Disease Control and Prevention that reported 35.7 percent of adults are now obese, as are almost 17 percent of kids.
    Page 2 of 2 - - President Barack Obama announced Monday in Ohio that his administration has filed a complaint with the World Trade Organization over China. Obama said China illegally subsidized auto exports.
    -- "When you are president of the United States, you are president of all the people, not just the people who voted for you. You have heard the president saying so many times, because he deeply believes it, that we are in this together - all of us." – White House spokesman Jay Carney
    -- "We do not believe that the role of government is to equalize the results of people's lives. It's a very different idea. Government is instituted to protect our natural rights. The idea of government is not to invent new rights so that ... we can have a government-centered society that defines and regulates our rights. That's up to us." – Vice presidential candidate Paul Ryan
    -- Both men were responding to the video that showed Mitt Romney talking bad about 47 percent of the population. The Romney campaign is in defensive mode and is trying to move past this controversy.
    Video of the week: Raw video: Panda cub groomed at National Zoo
    "Panda Cam" viewers got another peek at the new panda cub at the Smithsonian's National Zoo in Washington. Female giant panda Mei Xiang can be seen picking up the squeeling cub, then placing it on the ground for grooming. 
    GateHouse News Service