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first_imgThe Texas Longhorns mascot standing in his corner during a game.AUSTIN, TX – OCTOBER 10: Bevo, the mascot of the Texas Longhorns, stands in his corner during a game against the Colorado Buffaloes on October 10, 2009 at Darrell K Royal-Texas Memorial Stadium in Austin, Texas. Texas won 38-14. (Photo by Brian Bahr/Getty Images)Tuesday night, ahead of the Sugar Bowl, there was an incident between the mascots for Texas and Georgia. Bevo, the Longhorns mascot, charged Uga, the Bulldogs mascot.Luckily, nobody was seriously injured. But it was a scary scene for those in attendance.Video of the incident went viral. As you’ll see, it’s actually surprising that Bevo didn’t accidentally hook anyone with his horns while on his way to Uga.Check it out:Bevo just came after Uga X and the Sugar Bowl has officially begun. pic.twitter.com/aUFvRkbEwb— Mike Reiter (@Mike_Reiter) January 2, 2019Wednesday, PETA issued a press release, calling for both Texas and Georgia to end the practice of having live mascots. They want the schools to just use human mascots instead.Their main beef? They think it’s “indefensible” that the animals are brought from game to game to be “paraded” in front of fans.So … @peta is calling for Bevo and Uga to retire after the Texas and Georgia mascots got into a little dust up before the Sugar Bowl.Seriously, this is a real life press release. pic.twitter.com/dpK2Ogbg4n— Barrett Sallee (@BarrettSallee) January 3, 2019It’s unclear if either school will respond – but it’s a fair bet they won’t be changing their ways. Bevo and Uga are two of the most beloved mascots in college football.As for the game itself, Texas scored an upset win over Georgia. Bevo set the tone from before kickoff.last_img read more


WASHINGTON – U.S. consumers expanded their borrowing at a slower rate in June compared to the prior month.Overall credit rose by $18.3 billion in June to a total of $3.17 trillion, the Federal Reserve said Thursday. The rise was down from a gain of $21.5 billion in May.The smaller increase suggests that consumers remain sheepish about spending, which could limit how fast the economy can grow. Rising debt loads are generally a sign of greater confidence in the economy and fuel faster growth.Auto and student loans drove much of the gains in June, up $16.2 billion. They have risen 8.4 per cent year-over-year.Credit card debt increased by a slight $2.1 billion in June. The increase in credit card debt over the past year has been 1.3 per cent, evidence that consumers are restrained.Americans still have a limited appetite for debt after gorging themselves on sub-prime mortgages and credit cards before recession seized the country in late 2007.When the rate of borrowing increases, growth usually accelerates. People increase their spending on the assumption that they will have income to repay the debt, kicking off a cycle that leads the economy to grow faster and potentially overheat.The most recent credit cycle was broken by the housing bust and the Great Recession. Millions of people lacked the income to pay their mortgages, in some cases because they lost their jobs following the downturn that began in late 2007.Over the five years in which the country’s economy has rebounded, Americans have remained hesitant to take on debt. Consumer spending growth has averaged a tepid 2.2 per cent a year during the recovery, compared to a 2.9 per cent average during the previous expansion.The average household debt-to-income ratio has fallen to 77 per cent from the 2008 peak of 95 per cent, according to analysis by the bank HSBC. That debt ratio remains higher than the 69 per cent average in 2001. US consumer borrowing up $18.3B in June; slower pace may signal restrained consumer spending AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email by Josh Boak, The Associated Press Posted Aug 7, 2014 1:22 pm MDT read more

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