2. President Obama said on Sunday that he plans to take on the issue of credit card abuse, cracking down on card companies that attempt to deceive consumers. Obama says misleading interest rate hikes may be to blame for so many Americans incurring such record debt. The President also highlighted the need for individual financial responsibility by finally paying off a jacket he put on layaway in 1983.
3. A book given to President Obama by Venezuelan President Hugo Chavez has soared to the tops of bestseller lists. On Saturday Chavez presented Obama with a copy of The Open Veins of Latin America by Eduardo Galeano. Also given to Obama, though not quite as popular, was Chavez's own debut album entitled Venez-swingin'.
4. A new investigation by the Associated Press reports that U.S. manufacturers have legally released about 270 million pounds of pharmaceutical chemicals into the nation's waterways, including some that provide drinking water. In a completely unrelated story, Bret Michaels' VH1 show Rock Of Love received record viewership for its 3rd season finale.
5. Leading auto companies have reached an agreement on the common plug to be used for recharging electric vehicles. Volkswagon, BMW, Ford, GM and others have decided on a 3-pronged, 400 volt plug that can recharge an electric car in minutes. The fueling nozzle for gas-powered vehicles will, however, go unchanged and remain in the shape of an Oil CEO's penis.
High five.
