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WASHINGTON (AP) — Irked by the Federal Reserve’s bailout of Wall Street, Sen. Bernie Sanders of Vermont said Wednesday that he will seek to block the Senate from confirming Ben Bernanke to a second term as chairman of the nation’s central bank.

For now, the move isn’t expected to derail Bernanke’s confirmation, but it could slow down the process.

The maneuver by Sanders, an independent, comes on the eve of Bernanke’s confirmation hearing before the Senate Banking Committee.

“The American people are disgusted with the greed and recklessness of Wall Street …. People are asking why didn’t the Fed intervene at the appropriate time to stop the casino-type activities of large financial companies,” Sanders said in an interview with The Associated Press.

Lax oversight by the Fed as well as other banking regulators has been blamed for contributing to the worst financial crisis since the 1930s.

Sanders told the AP he placed a “hold” on Bernanke’s nomination. The Senate would need to have 60 votes to override Sander’s maneuver to move forward with a vote on the nomination. Bernanke probably has sufficient support to overcome that procedural hurdle.

President Barack Obama nominated Bernanke to a second, four-year term. That requires Senate approval. The Fed chief’s term expires on Jan. 31.

Sanders said Bernanke should have done more to help struggling Americans, such as demanding that bailed-out banks cut interest rates on credit cards.

One of the biggest grievances of the public — and their representatives in Congress — is the government’s bailout of Wall Street. The multibillion-dollar bailouts of American International Group and other financial firms that continued to hand out huge bonuses sparked fury. They’ve also fueled worries that the Fed’s moves will encourage further reckless bets by companies in the future.

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PHNOM PENH, Dec. 2 (Xinhua) — In an effort to build confidence and ease down the situation along the Cambodia-Thai border, 20 Cambodian and Thai troops played volleyball on Tuesday afternoon at the border area, local newspaper the Cambodia Daily reported Wednesday.

The paper quoted Gen. Srey Dek, commander of armed forces’ Division 3 based at Preah Vihear Temple as saying that 10 Cambodian soldiers and 10 Thai soldiers joined a “friendly volleyball game” on Tuesday.

He said the move will strengthen the cooperation between the two armies.

At the game, Srey Dek said, the two sides did not keep score, but for fun.

He, meanwhile, said both sides of military wish not to have a repeated armed clash.

Armed forces from the two countries had exchanged two times of gun fires and left several people dead and more than a dozen others injured since their border conflict began in July last year.

BANGKOK, Dec. 1 (Xinhua) — Thailand’s Deputy Prime Minister Suthep Thaugsuban Tuesday has reassured that the Thai government will not close the Thai-Cambodian border.

The Thai deputy prime minister’s statement was made amid the ongoing diplomatic tension between Thailand and Cambodia. Full story

BANGKOK, Nov. 27 (Xinhua) — Cambodian and Thai militaries agreed at a meeting Friday they will not use force to deal with border issues.

The agreement was made at a meeting of the Thai-Cambodian General Border Committee (GBC), which is being held in eastern beach resort town Pattaya on Friday and Saturday, the Thai News Agency reported.

Jake Gyllenhaal and Reese Witherspoon are still going strong, a rep for Jake told Access Hollywood on Sunday.

“No split!” the rep told Access.

VIEW THE PHOTOS: Reese Witherspoon

Similarly, a rep for Reese told Us Weekly that the couple was still together.

Earlier on Sunday, People reported that the couple had called it quits, citing a source close to Reese.

The couple, thought to have linked up on the set of 2007’s “Rendition,” have been photographed in recent months out hiking in Los Angeles and enjoying the performances at the Coachella Music Festival earlier this year. The couple moved in together last year, according to several reports.

“He’s fabulous,” Reese said about Jake in the April 2009 issue of ELLE. “He really is a fantastic guy.”

Jake appeared happy and animated to Access Hollywood producers at the press junket for his latest film, “Brothers,” at the Four Seasons Hotel in New York last Saturday, joking with members of the press and showing no signs that any split was imminent.

NEW YORK (AP) — Investors may have to do some emotional juggling as the trading week begins.
While markets around the world continue to assess the fallout from Dubai’s worrisome debt problems, investors trying to get a handle on the global economy will also factor in some encouraging U.S. retail sales over the Thanksgiving weekend. The question for many is whether they should focus on the possibility of another spreading credit crisis, or signs that consumer spending in this country may indeed be stabilizing.

News that Dubai’s investment arm, Dubai World, could default on $60 billion in debt sent world markets skidding on Thanksgiving, and U.S. stock markets initially followed when trading resumed Friday after the holiday. Wall Street regained some ground as overseas exchanges stabilized and as analysts reported that U.S. banks had relatively limited exposure to the problems in the Persian Gulf city-state.

Stock index futures showed more signs of steadying late Sunday. Dow Jones industrial average futures were up 0.3 percent, while Standard & Poor’s 500 futures rose 0.4 percent.

Stock markets were also up as the week’s trading began Monday in Asia.

Investors might have had some reassurance from Sunday’s news that the United Arab Emirates’ central bank will offer additional liquidity to banks, a move designed to keep credit markets from freezing up.

Still, Dubai World’s troubles gave a jolt to investors who had set aside many of their concerns about risk during the stock market’s almost nine-month rally. Suddenly, they had to worry that the crisis in Dubai could be a harbinger of similar problems in other countries. And if traders decide to hunker down rather than take on more risk, they’re likely to keep selling stocks and turn to the relative safety of Treasury bonds and the dollar.

“Markets were getting a bit complacent,” said Jeff Mortimer, chief investment officer at Charles Schwab Investment Management. “This is a wake-up call” that the economic recovery is going to be choppy and uneven, he added.

Right now, some analysts aren’t worried that the stock rally might be in jeopardy — and say traders may decide to focus on growing evidence of a U.S. economic recovery.

“I don’t think it’s big enough to be a game-changer,” Mortimer said of Dubai’s debt problems. “It gets my attention. But does it push the trains off the tracks and is everything lost? Certainly not.”

Retailers’ reports that Thanksgiving weekend sales were respectable may be a pleasant distraction for the stock market. Store owners said shopper traffic was up from a year ago, and held steady through the weekend after a big surge Friday. However, consumers were focusing on the basics, as expected.

Investors have been concerned that rising unemployment would make consumers reluctant to spend on nonessentials. The market will get stores’ official take on the weekend on Thursday, when many of the big companies release their sales results for November.

The first few days of December will also bring key economic reports including the Labor Department’s November employment report, scheduled for Friday. The number of jobs being lost each month has generally been declining, with 190,000 slashed in October, and economists surveyed by Thomson Reuters expect that number to have fallen to 130,000 in November.

The unemployment rate, meanwhile, is forecast to remain stable at 10.2 percent.

Analysts have been questioning whether the stock market has gotten ahead of the actual economic recovery, especially since some of its recent advance has been due to the dollar’s weakness. Many investors were theorizing that the falling dollar would help guarantee that U.S. interest rates would remain stable, making it easier for companies to borrow. Moreover, when the dollar is down, companies that do business with other countries find it easier to sell their goods and services overseas, and their profits rise when those sales are translated into dollars.

Stocks have been on a fairly steady churn higher since hitting 12-year lows in March. Even with Friday’s sell-off, the Dow is still up more than 57 percent from the March bottom.

The Dow lost 1.5 percent on Friday, but was down less than 0.1 percent for the holiday-shortened week. U.S. markets were closed Thursday for Thanksgiving and closed three hours early on Friday.

The S&P 500 index tumbled 1.7 percent Friday, and was essentially flat for the week after a big rally Monday was offset by Friday’s declines.

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To escape these labels, Schneider said, young women especially often try to distance themselves from their Jewish identity.
In the spring of 2007, his students conducted a study in order to determine the origin of the term. Students sent surveys to multiple schools in Minnesota, Illinois and Iowa to see if the term is used regularly there and which definition is ascribed to it — someone from out-of-state or a slur against Jewish women.

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