Obama hype
Any hyperbole attached to the Core i7 launch was dwarfed by the froth surrounding the election of Barack Obama as the new US President. There's no doubting that for a man with a Kenyan father to get the top job in a country where race is still such a major issue is remarkable, but the messianic significance being attached to his election is going to be hard to live up to.
In our analysis of the election and what effect it was having on stock markets we revealed that Obama didn't win by a landslide. That, coupled with the debt he's inheriting from George "drop taxes but spend more" W Bush, means that Obama might have to put the parting of the Red Sea on hold while he attends to more immediately pressing matters like finding out what's happened to all the money.
We had to send off for a new exclamation mark key when the Bank of England announced its latest plan for dealing with the aftermath of Bankageddon - dropping interest rates by a whopping 1.5 percent.
Until recently even a reduction of 0.5 percent would have raised eyebrows, so a drop of three times that produced cartoon-like double-takes all round. Unfortunately, since all the rules seem to have changed as a result of Bankageddon, many banks may not bother to pass on this cut to beleaguered home owners and businesses. Hmmmm.
