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TODAY IN HISTORY

    ANHEUSER- BUSCH TAKEN OVER
    July 14, 2008 - USA

    After a $52 billion takeover deal, American beer maker, Anheuser- Busch, was taken over by the Belgian beer maker InBev on this day. The merging of the two companies made the newly combined company, Anheuser-Busch InBev, the largest beer maker in the world. The new combined company produces some of the most well known beer brands in the world including Bud Light, Budweiser, Becks and Stella Artois.

    FREDDIE MAC AND FANNIE MAE BAILOUT
    July 14, 2008 - USA

    Freddie Mac and Fannie Mae who own or guarantee about $5.3 trillion worth of home loans about half of all US mortgages have seen a loss of confidence my the market due to the mortgage forclosure increase and the drop in property values in the United States. Both company Shares have been under increasing pressure and have lost as much as 80% of share value in just 12 months . The Fed has given the green light for the Federal Reserve Bank of New York authority to lend any money needed to allow them to continue providing mortgages at 2.25% and will expand its current line of credit to the two companies and buy shares of the companies if needed to prop up share price in these troubled times. Congress is also to approve a package next week which includes a foreclosure rescue to help strapped homeowners get new, more affordable government-backed mortgages through the Federal Housing Administration.

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Once upon a time deep into an enchanted forest, was a beautiful flower garden.

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Once upon a time deep into an enchanted forest, was a beautiful flower garden. Inside of this precious flower garden was tulips of every color. Marigolds that reflected the yellow of the sun. Purple gardenias that glistened with the drips of the morning dew.

Deep in this magical garden were talking roses. Amongst these roses was a georgeous Red one. So as the story goes,the Red rose looked at the Blue rose and said, Blue Rose, oh Blue Rose how could you ever be as beautiful as I, your petals hang so low to your thorns.

Then the Blue Rose cried and then the Red Rose laughed. She then looked over at the Yellow Rose and said to her, Yellow Rose, Yellow Yose how could you ever be as beautiful as I, you don't reflect the rainbows of rain in the sky like I. and the yellow rose did cry. the red rose just snickerd.

Just then in the distance the Red Rose did see. The most beautiful White Rose bud growing in extravagance. delicate with grace. petals firmed with desire. Just as fury burned inside Red Rose. Jealousy took over the Red Roses heart.

The Red Rose suddenly began to speak. then instantly the gardener came by and plucked the little red rose from off her stem right out of the bush.

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