Saturday, March 31, 2012
· After receiving assurances from Saudi Arabia to increase production, President Obama feels confident he can successfully play the oil game and allow countries to significantly reduce their Iranian imports, opening the door for Washington to impose severe new sanctions intended to pressure Tehran to abandon its nuclear ambitions. With gas nearing $5 a gallon in the U.S. markets, many doubt Obama’s chutzpah. · After a splashy launch 14 months ago, Keith Olbermann was fired at Current TV. The network’s founders, former Vice President Al Gore and Joel Hyatt issued a pithy statement that Olbermann didn’t reflect their values of mutual respect, openness, collegiality, and loyalty to our viewers. Which begs the question whether the prickly Olbermann is employable? He will be replaced by the disgraced, former NY Gov. Eliot Spitzer. · Burma’s Aung San Suu Kyi is poised to win a seat in the parliament of the military-dominated country looking to normalize relations with the west and the USA. The Nobel Peace laureate said Friday that she does not expect Burma’s election to be fair, but still significant. · Finally, three lucky ticket holders in Maryland, Illinois and Kansas will split the Mega Millions jackpot. The $640 million prize was the largest lottery jackpot in U.S. history. The winning numbers were: 46, 23, 38, 4, 2, and mega ball 23. If the winners take the cash distribution option, each player will receive $154 million before taxes.