Bill O'Reilly Blasts Barney Frank About Fannie Mae [Video]
In July Barney Frank said Fannie Mae was fundamentally sound and a good investment going forward. Bill O'Reilly calls him on it and Frank denies it in a very heated exchange.
(10/4/2008)
Views: 899 - User Comments: 0 - 
The lender carnage, death and destruction litter the home page of Aaron Krowne’s Mortgage Lender Implode-O-Meter like the beach at Normandy on D-Day. The infamous list has grown from September 2006 when Aaron started the website with approximately 10 failed lenders to a whopping 276 major U.S. failed lending operations today. (8/29/2008)
Views: 273
This week has come encouraging news for anyone with an interest in signs and wonders, or desperate for a chink of light in the prevailing gloom, which probably means most of us: a saviour is at hand. (12/22/2008)
Views: 216
New Orleans authorities Monday warned residents who ignored a mandatory hurricane evacuation that police may arrest anyone found outside their properties during a dusk-to-dawn curfew. Nearly two million inhabitants of the US Gulf Coast fled before Hurricane Gustav made landfall in Louisiana, but around 10,000 people stayed in the city despite the mandatory evacuation ordered by Mayor Ray Nagin on Sunday. (9/2/2008)
Views: 212
Cuba is limiting how much basic fruits and vegetables people can buy at farmers' markets, irritating some customers but ensuring there's enough—barely—to go around. (10/11/2008)
Views: 210
The ATF says it has broken up a plot to assassinate Democratic presidential candidate Barack Obama and shoot or decapitate 102 black people in a Tennessee murder spree. In court records unsealed Monday, agents said they disrupted plans to rob a gun store and target an unnamed but predominantly African-American high school by two neo-Nazi skinheads. (10/27/2008)
Views: 205
Almost a quarter of teachers have voiced their concerns about hidden surveillance cameras in schools, a survey said Monday. (8/18/2008)
Views: 204
Hundreds of proponents of gay marriage rallied in Salt Lake City Saturday, as speakers predicted a groundswell of activism unleashed by the LDS Church's support of Proposition 8 in California. 'I'm so glad Salt Lake City has become ground zero,' exclaimed Jeff Key, a former U.S. Marine and Iraq War veteran who was discharged after coming out as gay. Diversity trainer Dominique Storni told the crowd she was grateful that the The Church of Jesus Christ of Latter-day Saints had 'wakened our sleeping giant. We finally have a civil rights movement equal to that of the '50s and '60s.' (11/15/2008)
Views: 198
Toyota Motor slashed its profit forecast Thursday, warning the global auto industry faces an unprecedented crisis as Asian stocks tumbled on fears the US is sinking deeper towards recession. The Japanese giant became the latest automaker to reveal plunging profits due to the financial crisis, following on the heels of BMW, Nissan and Honda. (11/6/2008)
Views: 193
Former Federal Reserve Chairman Alan Greenspan said falling U.S. home prices are ``nowhere near the bottom'' and the resulting market turmoil isn't showing signs of abating. (8/1/2008)
Views: 193
Royal Bank of Scotland, one of Britain's biggest banks, was yesterday driven to the brink of nationalisation amid fears that the Government's latest bailout package would fail to alleviate the credit crisis... Concerns were also raised about how Britain will be able to pay for the bail-out, which follows last October's £500 billion bank rescue package. Some experts warned that Britain could be brought to the verge of bankruptcy by the taxpayer-funded intervention. (1/21/2009)
Views: 187
In a swift victory for President Barack Obama, the Democratic-controlled House approved a historically huge $819 billion stimulus bill Wednesday night, filled with new spending and tax cuts at the core of the young adminstration's revival plan for the desperately ailing economy.
How did your congressman vote?
The vote was 244-188.
We don't have a moment to spare, Obama declared at the White House as congressional allies hastened to do his bidding in the face of the worst economic crisis since the Great Depression.
The vote sent the bill to the Senate, where debate is expected to begin as early as this week on a companion measure already taking shape. Democratic leaders have pledged to have legislation ready for Obama's signature by mid-February.
(1/28/2009)
Views: 186Hundreds of civilians were reported dead in the worst outbreak of hostilities since the province won defacto independence in a war against Georgia that ended in 1992. Witnesses said the South Ossetian capital of Tskhinvali was devastated.
(8/8/2008)
Views: 186
Russia will place short-range missile systems on the EU's eastern border to counter planned US missile defence installations in Eastern Europe, President Dmitry Medvedev said on Wednesday. 'Iskander missile systems will be deployed in the Kaliningrad region to neutralise the missile defence system,' Medvedev said. (11/5/2008)
Views: 184
The Democratic-controlled House approved a budget blueprint drawn to President Barack Obama's specifications Thursday and the Senate hastened to follow suit after administration allies rejected alternatives from liberals and conservatives alike.
The vote in the House was 233-196, largely along party lines, for a $3.6 trillion plan that includes a deficit of $1.2 trillion.
See how your Rep. voted
Read It (4/3/2009)
Views: 177In an embarrassment to the French President, and with just two days to go before the seventh anniversary of the deadly terrorist strikes, Jean-Marie Bigard - a member of Mr Sarkozy's inner circle of showbiz friends - said the official version was a lie. We are now absolutely certain that these two planes - the one that supposedly fell into a forest (flight 93 in Pennsylvania) and onto the Pentagon don't exist... those planes are still flying. It's an enormous lie, he told Europe 1 radio. It's an American missile that hit the Pentagon, they provoked it themselves, they killed fellow Americans. Usually one learns of these things 30 years afterwards. We know it now, he went on. (9/11/2008)
Views: 177
WASHINGTON: The Federal Reserve on Monday said it had agreed to inject 70 billion dollars into financial markets amid turmoil following the bankruptcy of Wall Street giant Lehman Brothers. (9/15/2008)
Views: 175
Incredible discussion of recent conversation with elite insider about the near-term impact of oil policy on the US economy and the world. Says he was told oil would drop to $50 per barrel.
(7/31/2008)
Views: 168 - User Comments: 4 - Throughout the sub-prime crisis, each step appears to have been reasonable and proper, but in fact each one was expanding and accumulating risks, said the commentary by Yi Xianrong, an economist at the Chinese Academy of Social Sciences, a leading government think-tank. The People's Daily is the ruling Communist Party's official paper. (10/9/2008)
Views: 165
We need to strengthen our practices and financial infrastructure in the OTC derivatives market and in the tri-party repo system. Important work is underway in each of these areas, and needs to be completed quickly. To address the perception that some institutions are too big to fail, we must improve the tools at our disposal for facilitating the orderly failure of a large complex financial institution. It is clear that some institutions, if they fail, can have a systemic impact, so we must give regulators the authorities to limit that impact and facilitate an orderly failure. (7/8/2008)
Views: 163
Corn ethanol is no better fuel than gasoline, and it may even be worse for air quality, according to a new University of Minnesota study. (2/9/2009)
Views: 162
Oil prices spiked more than $25 a barrel Monday—the biggest one-day price jump ever—as anxiety over the government's $700 billion bailout plan, a weak dollar and an expiring crude contract ignited a dramatic rally. (9/22/2008)
Views: 158
George Bush is expected to summon Gordon Brown and other European leaders to an emergency summit to discuss the economic crisis. The prospect of a high-level global meeting came as the US central bank launched a new bid to unfreeze credit markets by effectively lending billions of dollars to US companies. The Federal Reserve moved after lending in the commercial paper market - where companies raise money from the open money markets - all but ceased, raising a serious threat to many American businesses' operations. (10/7/2008)
Views: 157
Sacramento's homeless rate is rising fast. With more foreclosures, jobs lost and full shelters, all you have to do is walk downtown or cruise the American River and you'll meet people who are homeless for the first time.
The sea of tents along the American River is hard to miss, and their number is growing. (3/1/2009)
Views: 155
The federal government would need to quarantine infected households and ban public gatherings to contain pandemic flu, according to a computer simulation study conducted by researchers from Virginia Tech and published in the Proceedings of the National Academy of Sciences.
(8/12/2008)
Views: 154
President Hugo Chavez said on Sunday that Russian President Dimitri Medvedev wants to send a Russian naval fleet to visit Venezuela. (8/19/2008)
Views: 152
New foreclosures almost quadrupled in Los Angeles and doubled in Miami in the second quarter, with as much as $5 billion worth of loans going bad in L.A. alone... (7/8/2008)
Views: 152
The top congressional budget analyst says pension plans have lost as much as $2 trillion in the past 15 months. The Fed announced it would begin buying companies' short-term debt. The powers were bestowed during the Depression as part of the Federal Reserve Act. (10/7/2008)
Views: 151
The banking industry has plunged into unprecedented turmoil as share prices plummeted, knocking billions off the value of some of the High Street's top banks within minutes. (10/7/2008)
Views: 149
The largest U.S. market-based system for addressing climate change would be created under a plan released today by a group of Western states and Canadian provinces. The Western Climate Initiative, a collaboration of seven Western states including California and four Canadian provinces, has vowed to cut emissions by 15 percent of 2005 levels by 2020. The group plans to create a regional cap-and-trade program starting in four years that requires polluters to have permits for emitting carbon dioxide. (9/24/2008)
Views: 149
Mike Larson, an analyst at Weiss Research, says the long-term bond market could be the biggest bubble of all, worse than the dot-com and real estate bubbles.
Treasury bonds almost never move this far, this fast. And interest rates, which move in the opposite direction of bond prices, almost never fall this far, this fast, Larson said.
Larson said the yield on the 10-year Treasury bond plunged from a mid-October high of 4.08 percent to nearly 2.5 percent this week, yielding lows not seen since the mid-1950s.
There are lots of reasons to believe this Treasury rally is unsustainable, and that a day of reckoning is fast approaching, he said. (12/7/2008)
Views: 147
California voters are beginning to ask deeper questions about Proposition 8 and wondering what will happen if same-sex marriage is permanently legalized. The answers are unsettling. Consider these consequences if Prop 8 fails. (9/8/2008)
Views: 146
The US is negotiating with Georgia and Turkey to establish a naval base at one of the two key Georgian ports of Batumi or Poti, reports say. Russia had previously announced its intention to station its own special forces at the Georgian ports. (9/8/2008)
Views: 146
Japan, China and other holders of U.S. government debt must quickly reach an agreement to prevent panic sales leading to a global financial collapse, said Yu Yongding, a former adviser to the Chinese central bank. 'We are in the same boat, we must cooperate,' Yu said in an interview in Beijing on Sept. 23. 'If there's no selling in a panicked way, then China willingly can continue to provide our financial support by continuing to hold U.S. assets.' An agreement is needed so that no nation rushes to sell, 'causing a collapse,' Yu said. Japan is the biggest owner of U.S. Treasury bills, holding $593 billion, and China is second with $519 billion. Asian countries together hold half of the $2.67 trillion total held by foreign nations. (9/26/2008)
Views: 144
A senior financial source said: There is a real urgency about this in Government and it is the main thing the Treasury is focused on.
Britain's banks are expecting to be told their fate by the Treasury on Sunday afternoon, with news about what form a bad bank would take.
Most believe a bad bank will still not be enough, and that it may be accompanied by the Government taking further equity stakes in lenders.
What is clear is that the Government is set to become a major stakeover in banks for the next decade or more. (1/16/2009)
Views: 141
The Federal Reserve, the European Central Bank and the Bank of England have all cut interest rates in an emergency move to restore confidence in the global financial system. (10/9/2008)
Views: 141
World markets suffered massive losses Monday, striking four-year lows, as panic-stricken investors doubted whether a Wall Street bailout package would stem the global financial crisis. London, Frankfurt and Paris all tumbled more than six percent approaching the half-way mark while a 15-percent dive in Moscow forced a halt to Russian trading. We have a seriously weak and fear driven market at our hands, said Tom Hougaard, chief market strategist at City Index. It is anyone's guess where we will end the day. (10/6/2008)
Views: 141
The consumer price index fell 0.4pc in March from a year before, and 0.1pc from the previous month, the Labor Department said in Washington. Output at factories, mines and utilities dropped 1.5pc last month, when the share of industrial capacity in use slid to 69.3pc, the Fed said.
Today’s figures signal deflation, or prolonged price declines, is the bigger danger, and underscores calls by Ben Bernanke, chairman of the Federal Reserve, for inflation to remain “quite low for some time”. (4/16/2009)
Views: 139
Barack Obama will unveil plans to save American home owners from repossession this week, in a bid to recapture public support for his economic recovery programme and pave the way for other big plans. (2/14/2009)
Views: 139
Vladimir Putin has warned Europe that Russia's energy reserves will flow to the Far East if the continent's leaders seek to punish his country for invading Georgia. (9/2/2008)
Views: 139
The US military was surprised by the timing and swiftness of the Russian military's move into South Ossetia and is still trying to sort out what happened, a US defense official said Monday. (8/11/2008)
Views: 138
The widening housing crisis took center stage on the presidential campaign trail Saturday after the Treasury Department confirmed to the candidates it was preparing a historic seizure of mortgage finance giants Fannie Mae and Freddie Mac. Treasury Secretary Henry Paulson briefed Obama late Friday on plans to seize, perhaps as early as this weekend, Fannie Mae and Freddie Mac in an effort to bolster the pair and calm jittery global financial markets. (9/7/2008)
Views: 137
The head of Chicago's school system has proposed the creation of a gay-friendly high school to counter the high bullying, depression and drop-out rates among homosexual pupils. The proposals were supported by most of the 50 Chicago residents who attended a public meeting on the city's education. They will be voted on by the Chicago board of education on October 22. If approved, the Pride Campus would be unlikely to open until 2010 and would teach 600 students. (10/9/2008)
Views: 136
35 Christians killed and 50,000 forced from their homes by Hindu mobs enraged at Swami's murder. (10/9/2008)
Views: 134
It's called "Operation Sentinel" and it proves just how far the NYPD will go to protect this city from terrorists. The plan involves some high-tech tracking that is coming under fire from some groups.
(8/13/2008)
Views: 133
Sterling jumped more than a cent against a sharply falling dollar on Wednesday, with the greenback winded after US Treasury Secretary Timothy Geithner said he was quite open to China's suggestion of moving toward SDR-linked currency system, Reuters reported. (3/25/2009)
Views: 131
Thousands of men, women, and children dragged from churches and slashed. This has been India's reality for the last four weeks. The genocide of the Christian minority in the country once called the world's greatest democracy has been as much brutal as neglected by the international community. The 20 million people who admit to believing in Jesus Christ are on the brink of physical extermination. (10/9/2008)
Views: 131
Nicolas Sarkozy, the French president, has threatened to walk out of London's G20 summit if France's demands for stricter financial regulation are rejected, it has been reported. (4/2/2009)
Views: 128
California Governor Arnold Schwarzenegger may order lawmakers into emergency session to address a mounting deficit, two weeks after a record-long impasse ended with the Legislature over the budget. The situation is complicated by frozen credit markets that may impede the state's ability to borrow as much as $7 billion of short-term notes next week. Without the loan, the state could run out of cash by month's end. 'The first quarter of the fiscal year has just ended, and we already are short $1.1 billion,' California Controller John Chiang said in statement. 'Revenues are deteriorating faster than expected, and September's cash flows send strong signals that the recently enacted budget is more out of balance than we feared.' (10/7/2008)
Views: 127
It’s over for Mervyns. The Hayward retailer said Friday that it would close its remaining 149 locations. The stores will remain open through the holiday season with liquidation sales. Mervyns previously planned to close 26 underperforming locations. The 59-year old chain, with a California-heavy store base, filed for Chapter 11 bankruptcy protection at the end of July, but proved unable to gain any traction on its turnaround efforts. (10/18/2008)
Views: 126
Lindsey's latest information from inside sources. Hyperinflation will be rampant within 2 years to the point 'the dollar will be dead.' 'After two years you will be so poor you will not be able to do anything.' The elite have used the devil's messiah or a long-term system of deception to take away America's God in order to destroy them and take control of the world.
(2/2/2010)
Views: 125 - User Comments: 0 - 
The African Press International news agency now is calling on the possible first lady of the United States to come clean about her call. The Obama campaign immediately denied there was any telephone call, and API later announced it had recorded the conversation. The recordings that API will release soon will not lie to the American people. Most probably, it will change the political landscape, something the Americans should start getting prepared to face, Korir suggested. (10/16/2008)
Views: 125
Hailing Barack Obama's win as a victory for the working class, the Communist Party USA is calling on the president-elect to carry out his promises, including his noted commitment to 'spread the wealth.' 'We are partisan to the working class, racially and nationally oppressed peoples, women, youth, seniors, international solidarity, Marxism and socialism. We enjoy a special relationship with the Communist Party USA, founded in 1919, and publish its news and views,' the publication states. (11/11/2008)
Views: 124
China is rapidly developing a highly modern military that will be the equal of Western armies with the ability to operate anywhere in the world. (9/29/2008)
Views: 124
The federal government plans to give children – possibly millions of them – a live influenza vaccine they could transmit to anyone with whom they come into contact. (7/7/2008)
Views: 124
The European Central Bank has dramatically changed its tune over the last twenty-four hours as the credit freeze worsens, acknowledging for the first time that the world faces the gravest crisis since the Great Depression. “We’ve got to get together on both sides of the Atlantic. It is absolutely essential to co-ordinate everything, including monetary policy,” Spain's governor said. (10/7/2008)
Views: 123
The constitutional amendment to ban same-sex marriage has the support of 55 percent of Florida voters, which is not enough to get approved in the state. (9/9/2008)
Views: 123
Internet critics, made bold by their uncensored criticism of the Games’ opening ceremony, are seeking new targets. The mystery of the half-filled stands at many events at the 2008 Olympic Games has been solved, according to Chinese internet users, who say it is the result of a policy to prevent the gathering of large and possibly uncontrollable crowds. (8/18/2008)
Views: 123
(7/27/2009)
Views: 122 - User Comments: 0 - Some Utah legislators are eyeing a bill aimed at preventing the federal government from regulating guns in the state.
Montana's Legislature recently passed a bill that Gov. Brian Schweitzer signed into law that would exempt guns made in the state and kept within its borders from federal regulations, including registration, background checks and dealer-licensing. (5/7/2009)
Views: 122
While the economic sun was shining, most other economists scoffed at Roubini and his predictions of imminent disaster. They dismissed his warnings that the sub-prime mortgage disaster would trigger a financial meltdown. They could not quite believe his view that the US mortgage giants Fannie Mae and Freddie Mac would collapse, and that the investment banks would be crushed as the world headed for a long recession. (10/27/2008)
Views: 122
Actual copy of Obama's endorsement of Ayers' book in newspaper in 1997. In his book, Ayers says the following about close association with Obama and Farrakhan: Our neighbors include Muhammad Ali, former mayor Eugene Sawyer, poets Gwendolyn Brooks and Elizabeth Alexander, and writer Barack Obama. Minister Louis Farrakhan lives a block from our home and adds, we think, a unique dimension to the idea of 'safe neighborhood watch': the Fruit of Islam, his security force, has an eye on things twenty-four-hours a day. (10/22/2008)
Views: 122
The government of Kenya is holding WND senior staff reporter Jerome Corsi in custody at immigration headquarters after police picked him up at his hotel just prior to a scheduled news conference in which he planned to announce the findings of his investigation into Barack Obama's connections in the country. Corsi is the author of the No. 1 best-selling book The Obama Nation and has also written extensively about administration plans to create a North American Union. (10/7/2008)
Views: 122
Google, the Internet search behemoth, is urging Californians to trash traditional marriage with a new website statement that campaigns against a constitutional amendment proposal that would define – again – marriage in California as being between one man and one woman. 'It is the chilling and discriminatory effect of the proposition on many of our employees that brings Google to publicly oppose Proposition 8,' said the statement, posted on the blog by Sergey Brin, co-founder and president of technology. 'Google should focus on technology instead of warring against marriage and family values held by the majority of people worldwide,' said Mathew Staver, founder of Liberty Counsel and dean of the Liberty University School of Law. (9/30/2008)
Views: 122
AIG's death would be far worse than Lehman's. (9/16/2008)
Views: 122
After reading about the droughts in two major agricultural countries, China and Argentina, I decided to research the extent other food producing nations were also experiencing droughts. This project ended up taking a lot longer than I thought. 2009 looks to be a humanitarian disaster around much of the world. The world is heading for a drop in agricultural production of 20 to 40 percent, depending on the severity and length of the current global droughts. Food producing nations are imposing food export restrictions. Food prices will soar, and, in poor countries with food deficits, millions will starve. (3/18/2009)
Views: 121
Are males becoming an endangered species?
That's the question scientists and researchers have been pondering since alarming trends in male fertility rates, birth defects and disorders began emerging around the world. More and more boys are being born with genital defects and are suffering from learning disabilities, autism and Tourette's syndrome, among other disorders. (11/10/2008)
Views: 121
Economist Nouriel Roubini, who predicted much of the financial catastrophe that has unfolded worldwide over the last year, now says governments may have to temporarily close markets as a way to try to halt another massive wave of selling. Roubini, an economics professor at New York University and head of Roubini Global Economics, warned a conference of hedge fund managers in London on Thursday that the risk to the financial system has become bigger and bigger and could result in market holidays ordered by desperate governments. (10/25/2008)
Views: 121
After a Northern Virginia public school system banned books containing a Christian viewpoint on homosexuality from its library shelves, saying the texts might make gays feel inferior, students and parents are fighting back. More than 40 Christian parents and students held a protest Thursday to speak out against Fairfax County public school librarians' decision to refuse titles such as Marriage on Trial: The Case Against Same-Sex Marriage and Parenting and Someone I Love Is Gay. (10/4/2008)
Views: 121
This weekend a select team of 33 pastors in 22 states will be preaching on politics in a direct challenge to a federal tax statute that forbids churches from interfering with political campaigns. The pastors are participating in Pulpit Freedom Sunday as part of an effort called the Pulpit Initiative developed by the Alliance Defense Fund, an organization of lawyers dedicated to defending religious liberty. The ADF believes that pastors have a First Amendment right to speak on politics if they choose, and that by using its tax authority to limit pulpit content, it is the government, and not the preacher, who is violating the separation of church and state. (9/27/2008)
Views: 121
The $54trillion credit derivatives market faces a delicate test as $360bn worth of contracts on now-defaulted derivatives on Lehman Brothers are due to be settled on Tuesday. Due to the opacity of the market, which is one of the most complex, least regulated and least understood in the global financial system, it is still not clear how many contracts have to be settled or which institutions will take the ultimate hits once the billions of dollars worth of contracts have been unravelled. (10/19/2008)
Views: 120
I thought at first it was just conjecture and gossip, but the more I have researched it, the more I believe it is not only real…but coming soon. And as a writer who has your best monetary interests at heart, I feel you need to know at least a little about this. A North American Union (NAU) with a common currency is not a new idea. Herbert G. Grubel, a senior fellow of the Fraser Institute, came out with a book entitled “The Case for the Amero” in September of 1999. Discussion of SPP and NAFTA Superhighway. Many links to other sites with detailed information. (10/9/2008)
Views: 120
Parents who took their children out of school in protest at them being taught about gay, bisexual and transgender history could be prosecuted. (3/6/2009)
Views: 119
The price of key industrial metals has fallen further over the last four months than occurred during the worst years of Great Depression between 1929 and 1933, according to research by Barclays Capital. (12/3/2008)
Views: 119
The Russian president, Dmitry Medvedev, has called on European leaders to create a new world order that minimises the role of the US. (10/8/2008)
Views: 119
The Securities and Exchange Commission has backed away from its plan to force money managers to publicly disclose how they’ve shorted stocks. The agency announced changes late Wednesday to a series of emergency rules it put in place beginning Sept. 17 to curb short selling, which has been fingered -- some say unfairly -- as a major cause of the collapse of many bank and brokerage stocks. As expected, the SEC, under Chairman Christopher Cox, said it would extend its outright ban on shorting of nearly 1,000 financial stocks beyond the scheduled expiration Thursday. (10/3/2008)
Views: 119
North Atlantic Treaty Organization member Turkey is expressing alarm about Russia's military advance into Georgia territory because of the possibility of a return of the historic Russo-Turkish conflicts over sea lanes as well as the new potential conflict over energy, according to a report from Joseph Farah's G2 Bulletin. (9/9/2008)
Views: 119
Japan has warned of an increasing Russian military presence in North-East Asia, with additional exercises and incursions into Japanese territory in the last 12 months by naval and airborne forces. (9/7/2008)
Views: 119
Councils and health authorities are to be given the right to access e-mail and internet records under surveillance powers to be introduced next year, the Home Office said yesterday. (8/13/2008)
Views: 119
Of the estimated 50,000 Christians forced to flee, most have little to go back to: more than 3,000 homes and 115 churches have been destroyed. (9/7/2008)
Views: 118
From India to Africa to North Korea to Pakistan and even in New York City, higher grain prices, fertilizer shortages and rising energy costs are combining to spell hunger for millions in what is being characterized as a global "silent famine."
(8/4/2008)
Views: 118
Venezuelan President Hugo Chavez sought Arab support Tuesday for a proposed oil-backed currency to challenge the U.S. dollar in his latest swipe at Washington's dominance in global financial affairs. (3/31/2009)
Views: 117
Venezuelan President Hugo Chavez has seized control of a rice mill owned by the US food giant Cargill as he tightens state control over the food supply and continues his policy of nationalisation. (3/5/2009)
Views: 117
On Monday, December 1, a SWAT team with semi-automatic rifles entered the private home of the Stowers family in LaGrange, Ohio, herded the family onto the couches in the living room, and kept guns trained on parents, children, infants and toddlers, from approximately 11 AM to 8 PM. The team was aggressive and belligerent. The children were quite traumatized. At some point, the “bad cop” SWAT team was relieved by another team, a “good cop” team that tried to befriend the family. The Stowers family has run a very large, well-known food cooperative called Manna Storehouse on the western side of the greater Cleveland area for many years. [Update] (12/8/2008)
Views: 117
Tim Gill, the secretive Colorado software multi-millionaire and behind-the-scenes gay activist who has boasted of his strategy to buy up campaigns for pro-homosexual candidates soon may be learning he cannot buy the First Amendment. Christian Family Alliance of Colorado and Liberty Counsel are teaming up on a soon-to-be-filed lawsuit expected to highlight the apparent First Amendment violations ofSB200, the state law that bans references to homosexuals that could be perceived as discriminatory and raises the issue of whether the law applies to the Bible's label of homosexuality as an abomination. (10/9/2008)
Views: 117
Russia will stage its largest air force war games since Soviet times next week in the latest stage of the Kremlin's strategy to show off the country as a military superpower reborn. The aerial exercises, which will take place close to American airspace in Alaska, are part of a month-long war game known as Stability 2008 that Russia claims is the biggest for 20 years. As the bombers take to the air next week, Russian ships will also be conducting exercises in the North Sea and the Baltic as well as in the Atlantic and Pacific Oceans. A flotilla of war ships is also sailing to the Caribbean for joint exercises with Venezuela, Washington's greatest foe in South America, which will come within a few hundred miles of the US coastline. (10/5/2008)
Views: 117
The US economy is facing slow growth and higher prices, according to the most recent survey by the US central bank, the Federal Reserve. (9/7/2008)
Views: 117
The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks. (7/6/2008)
Views: 117
The chief ethicist for the diocese of London in Ontario Canada recently admitted to LifeSiteNews.com in an interview that St. Joseph's Catholic Hospital in London has been performing early induction procedures in cases of diagnosed lethal fetal anomalies for twenty years, under his ethical direction. While Fr. Michael Prieur attempted to justify early induction for lethal fetal anomaly as not being abortion, the procedure has been condemned as illicit by the US Bishops' Doctrinal Committee and called direct abortion by the National Catholic Bioethics Center (12/14/2008)
Views: 116
A home school legal advocate is disturbed by the recent actions of a social worker in Florida.
According to Kris Klicka of the Home School Legal Defense Association (HSLDA), a social worker in Miami, Florida, overstepped the boundary of law when she demanded to interview a home schooler's children. He says the social worker showed up at the family's home when the father was at work -- and out of fear and intimidation, the mother let the social worker into the home to interview her children, even though the worker neither had a warrant nor would disclose why she was there. (11/18/2008)
Views: 116
An associate editor of the campus newspaper at Massachusetts' Smith College has joined the chorus attributing to Democratic presidential candidate Barack Obama messianic characteristics, but she has gone one step further, calling Obama her Jesus. (10/19/2008)
Views: 116
Europe must pull together if it is to avoid further financial disaster. My view is that Washington has done what is needed to prevent the collapse of the US economy. It has taken over the entire credit system, after all, surpassing Roosevelt's New Deal. The US has guaranteed the $3.5 trillion money market funds. It has nationalised the $5.3 trillion pillars of the mortgage market, Fannie and Freddie. The Fed is accepting any junk as collateral at its lending window. This week it went the whole hog after panic hit the $1.6 trillion market for commercial paper. It is now offering loans without any security at all. The US government has become a bank. Yes, this is US socialism. What is the alternative? (10/9/2008)
Views: 116
NASA has confirmed that the Phoenix Mars Lander has identified one of the crucial ingredients for life in a soil sample. "We have water," said William Boynton of the University of Arizona, one of the lead scientists monitoring the mission. (8/1/2008)
Views: 116
A report from the federal Commission to Assess the Threat to the United States from Electromagnetic Pulse (EMP) Attack has painted a bleak picture for America under such attack: Electricity grids down, uncontrolled fires from exploding gas transport systems, no communication to summon firefighters and if they could come, no water to battle fires.
(7/26/2008)
Views: 116
Lindsey Williams talks about his first hand knowledge of Alaskan oil reserves larger than any on earth. And he talks about how the oil companies and U.S. government won't send it through the pipeline for U.S. citizens to use. This Video was taken on December 08, 2005.
(7/18/2008)
Views: 116 - User Comments: 1 - With wheat harvest finally creeping into northeast Kansas, the folks who harvest, sell and buy the breadbasket grain are finding themselves looking back with a sense of frustration. Too bad the combines couldn’t have gone to work a month earlier.
(7/7/2008)
Views: 116
MILLIONS face being struck down by a deadly winter vomiting bug sweeping the country. Scores of hospitals have been forced to close wards to new patients as they struggle to cope with the influx of norovirus sufferers. One of London’s leading hospitals has even had to turn away 999 emergency patients after being overwhelmed with cases of the virus, while another hospital has drafted in GPs to cover for staff hit by the bug. As the crisis deepens, health campaigners are warning that hospitals face going into “complete meltdown” over Christmas and New Year. (12/15/2008)
Views: 115
For several years now, senior officials of the Bush administration including the President and the Vice President have intimated, in no certain terms, that there will be a Second 9/11. Quotations from presidential speeches and official documents abound. (11/9/2008)
Views: 115
North Korea is clamping down on mobile phones and long distance telephone calls to prevent the spread of news about a worsening food crisis, according to the United Nations investigator on human rights for the isolated communist country. (10/24/2008)
Views: 115
William Poole, former president of the Federal Reserve Bank of St. Louis, said taxpayers may face a $300 billion bill to revive Fannie Mae and Freddie Mac, the mortgage giants being taken over by the Federal government. `I would not be surprised if their total losses aggregate about 5 percent of their obligations' of about $6 trillion, Poole said today in an interview on Bloomberg Radio. `Five percent does not seem to me to be an outrageous guess.' (9/8/2008)
Views: 115
Scientists have devised a cheap and simple method of turning water into rocket fuel using solar power in a development that could generate a new source of green energy for the home and workplace. (8/1/2008)
Views: 115
A pamphlet set to be distributed by the California secretary of state warns voters that if they do not pass Proposition 8 in November to constitutionally define marriage between one man and one woman, thay will face an unexpected consequence: children as young as kindergarten will be subject to mandatory teaching on the virtues of homosexual marriage. (7/26/2008)
Views: 115
New legislation backed by Prime Minister Vladimir Putin would allow Russian authorities to label any government critic a traitor—a move that rights activists said Wednesday was a chilling throwback to times of Soviet dictator Josef Stalin.
The bill, which is expected to become law, would expanded the definition of treason to include damaging Russia's constitutional order, sovereignty or territorial integrity. That, rights activists said, would essentially let authorities interpret any act against state as treason—a crime punishable by up to 20 years in prison. (12/17/2008)
Views: 114
Oil prices tumbled below $50 a barrel today for the first time in three and a half years as the slowdown in the global economy dragged down demand for fuel. (11/20/2008)
Views: 114
California Gov. Arnold Schwarzenegger Sunday said 'we will ... maybe undo' a measure passed by voters Tuesday stripping same-sex couples of the right to marry. 'It's unfortunate, obviously, but it's not the end,' Schwarzenegger told CNN. 'I think that we will again maybe undo that, if the court is willing to do that, and then move forward from there and again lead in that area.' (11/10/2008)
Views: 114
A federal court decision approving mandatory public school instruction for children as young as kindergarten in how to be homosexual is being allowed to stand, drawing a description of despicable from the parent who unsuccessfully challenged his school district's gay advocacy agenda. The U.S. Supreme Court without comment has refused to intervene in a case prompted by the actions of officials at Estabrook Elementary school in Lexington, Mass., who not only were teaching homosexuality to young children, but specifically refused to allow Christian parents to opt their children out of the indoctrination. (10/9/2008)
Views: 114
The Senate Select Committee on Intelligence and the House Judiciary Committee say they will review allegations the White House ordered the CIA to forge and disseminate false intelligence documents linking al-Qaeda and Iraq. He also reveals details of his lengthy conversations with the late Pakistani politician Benazir Bhutto and her frustrations with the Bush administration in the months before her assassination, and discloses the previously unknown case of an interrogation “cell” beneath the White House. (8/13/2008)
Views: 114
Swiss consumer prices fell 0.4pc in March (year-on-year). Swiss CPI will be minus 1pc at least by July, nearing the level where spending psychology changes. By the time you have a self-feeding spiral, it is too late.
This is something that we must prevent at all costs. The current situation is extraordinarily serious, said Philipp Hildebrand, a governor of the Swiss National Bank. (4/6/2009)
Views: 113
Researchers have demonstrated a flexible television screen which could result in people folding up their computer and putting it in their pocket. The design could be used for television and posters, as well as computers, while it could also pave the way for the development of newspaper display technology which would allow readers to upload daily news to an easy-to-carry display contraption. (10/4/2008)
Views: 113
Billionaire Warren Buffett, calling turmoil in the markets an 'economic Pearl Harbor,' said his $5 billion investment in Goldman Sachs Group Inc. is an endorsement of the Treasury's $700 billion bank rescue plan. 'I am betting on the Congress doing the right thing for the American public and passing this bill,' Buffett said on cable channel CNBC today. 'I certainly have a vote of confidence in Goldman and vote of confidence in Congress.' (9/25/2008)
Views: 113
The Treasury Department says the federal government already has run up a record deficit of $485.2 billion in just the first three months of the current budget year. (1/13/2009)
Views: 112
The flaw allows criminal gangs to take control of people's computers and steal their personal information when they visit websites that have been corrupted by malicious hackers.
It is believed that as many 10,000 sites have been compromised since last week.
Microsoft said that it had detected attacks on machines using Internet Explorer 7, the most widely-used version of the browser, but that other versions are potentially vulnerable. (12/16/2008)
Views: 112
Homosexuals and their supporters in California are vowing to fight the passage of a state constitutional amendment that defines marriage as only between a man and a woman. Even as the last votes were being counted, the American Civil Liberties Union and other opponents of Proposition 8 filed a challenge with the state Supreme Court. They contended that it cannot be used to undermine one group's access to rights enjoyed by other citizens. (Read earlier story: Major pro-family victory in California) The city attorneys in Los Angeles and San Francisco also filed a request with the Supreme Court to invalidate the amendment's approval, arguing that it deprives homosexuals of constitutional rights. (11/6/2008)
Views: 112
A group of the world's biggest hedge funds are planning to sue the Financial Services Authority for millions of pounds of losses incurred as a result of the regulator's ban on short-selling last week. Lawyers are being galvanised on behalf of a raft of hedge funds which claim the financial watchdog has illegitimately extended its powers and caused wide-spread capital destruction. (9/21/2008)
Views: 112
U.S. and European banks, already burdened by losses and concerns about their financial health, face a new challenge: paying off hundreds of billions of dollars of debt coming due. The crunch will begin next month, when some $95 billion in floating-rate notes mature. J.P. Morgan Chase & Co. analyst Alex Roever estimates that financial institutions will have to pay off at least $787 billion in floating-rate notes and other medium-term obligations before the end of 2009. That's about 43 percent more than they had to redeem in the previous 16 months. (8/29/2008)
Views: 112
Activist groups say the converted warehouse poses a threat to civil liberties. The city maintains the facility is needed in case of mass arrests during the Democratic National Convention. (8/18/2008)
Views: 112
Since World War II, U.S. military dominance has underpinned the Asia-Pacific region's prosperity and relative peace. So it's cause for concern when one of America's closest allies sees that power ebbing amid unstable nuclear regimes such as Pakistan and North Korea and the expanding military power of China. (5/8/2009)
Views: 111
A program to exchange guns for gifts has brought in a record number of weapons this year as residents hit hard by the economy look under the bed and in closets to find items to trade for groceries. (12/7/2008)
Views: 111
People in a vast seismic zone in the southern and midwestern United States would face catastrophic damage if a major earthquake struck there and should ensure that builders keep that risk in mind, a government report said on Thursday.
The Federal Emergency Management Agency said if earthquakes strike in what geologists define as the New Madrid Seismic Zone, they would cause the highest economic losses due to a natural disaster in the United States. (11/21/2008)
Views: 111
World leaders holding an emergency meeting to combat the economic crisis agreed Saturday to a far-reaching action plan that, over the next 4 1/2 months, would begin to reshape international financial institutions and reform worldwide regulatory and accounting rules. The leaders' 11-page statement spoke of broad principles, leaving the details to be worked out by lower-level aides before another summit meeting in April, after Barack Obama assumes the presidency. But the gathering in Washington of the nearly two dozen nations - from every region of the world - reflected the new balance of power emerging in the aftermath of a financial crisis that has devastated even well-run economies, a wrenching process that British Prime Minister Gordon Brown has dubbed 'the birth pangs of this new global order.' (11/16/2008)
Views: 111
The websites will be blocked as part of a government-sponsored trial of its filter technology that will start before Christmas and last six weeks. The government has already identified 1300 websites that it wants to black list as part of the clean feeds scheme. (11/15/2008)
Views: 111
Does that sound like an exaggeration? Read on. If you’re like me, you’ll be amazed and disgusted at the attacks on people of faith who are only expressing their religious consciences through the ballot process, and are doing so in the most all-American ways: Grassroots organizing and small financial donations. (11/3/2008)
Views: 111
North Korean diplomats abroad have been ordered to stay close to their embassies and await an important announcement, according to a Japanese newspaper. The news has prompted speculation that North Korea's officials are to be informed that Dear Leader Kim Jong-il has died or that Pyongyang is carrying out its threat to sever all ties with South Korea. (10/19/2008)
Views: 111
Hawaii is dropping the only state universal child health care program in the country just seven months after it launched. People who were already able to afford health care began to stop paying for it so they could get it for free, said Dr. Kenny Fink, the administrator for Med-QUEST at the Department of Human Services. I don't believe that was the intent of the program. (10/17/2008)
Views: 111
Christians are gathering on Capitol Hill in Washington, D.C. to fast and pray all week. Leaders say they are humbly calling upon God in a time when our country needs it the most. God is really our only hope, said Katie Mahoney. Now is the time to pray that the right leaders will come, explained Nathan Rummage. (10/7/2008)
Views: 111
Russian strategic bombers will conduct training flights with full combat payloads and live fire all cruise missiles on board for the first time in over two decades, an Air Force spokesman said. During these exercises, for the first time in many years, the crews of Tu-160 Blackjack and Tu-95MS Bear-H strategic bombers will fly missions carrying the maximum combat payload and fire all the cruise missiles on board, Lt. Col. Vladimir Drik said. (10/5/2008)
Views: 111
You know where that very important $700-billion figure came from? Here's a quote from that Forbes story: It's not based on any particular data point, a Treasury spokeswoman told Forbes.com Tuesday. We just wanted to choose a really large number. They made it up to be sufficiently ginormous to frighten everyone into rapid action. (9/30/2008)
Views: 111
Federal Reserve Chairman Ben S. Bernanke and Treasury Secretary Henry Paulson warned skeptical lawmakers that failure to pass a plan to buy troubled assets from financial firms would threaten markets and the U.S. economy. 'Action by the Congress is urgently required to stabilize the situation and avert what could otherwise be very serious consequences for our financial markets and for our economy,' Bernanke told the Senate Banking Committee at a hearing today. 'Global financial markets remain under extraordinary stress.' (9/23/2008)
Views: 111
The Supreme Court in Pennsylvania has declared the "hate crimes" laws used to jail the Philadelphia 11 in 2004 violated the state constitution. (7/26/2008)
Views: 111
Share prices have fallen by a fifth since their peak a year ago, and the majority of City analysts believe worse is still to come. (7/8/2008)
Views: 111
The tax-exempt bond market costs the U.S. government $36 billion a year in forgone taxes. Replace the exemption with a credit and the government would lose less. (8/19/2009)
Views: 110
Six months ago, Jim Wiseman didn't even have a spare nutrition bar in his kitchen cabinet.
Now, the 54-year-old businessman and father of five has a backup generator, a water filter, a grain mill and a 4-foot-tall pile of emergency food tucked in his home in the expensive San Diego suburb of La Jolla. (5/25/2009)
Views: 110
Debate rages over the endgame for the Great Recession. The broad consensus of policy makers, financial market participants, business leaders and academics concurs that the world is in the midst of its worst decline since the 1930s. In making that comparison, there is a presumption that another depression is a distinct possibility if immediate steps aren’t taken to contain the downward spiral.
This debate misses the point -- and dangerously so. While I have been as bearish as anyone over the past several years, I would still assign a very low probability to a 1930-style depression for the U.S. and the broader global economy. Monetary and fiscal authorities have made it quite clear that they are prepared to do everything in their power to avoid such an outcome. Ultimately, I suspect they will get their way.
Yet there is a serious and worrisome risk to this policy strategy. By fixating on the anti-depression drill, authorities are failing to address the root cause of the current crisis and recession -- the lethal unwinding of unsustainable global imbalances. (4/20/2009)
Views: 110
Inheritance and estate taxes tend to be fairly high, which is one of the reasons controversy surrounds them. The exact rates vary from state to state, but inheritance taxes tend to be set up on a progressive scale. The more valuable the estate, the higher the tax rate. (1/27/2009)
Views: 110
Since the Maya calendar and mythology are both based on the underlying astronomy, it can be very helpful to understand this astronomy. For me personally, the more I dug into this material, the more mind-blowing it all became. (10/8/2008)
Views: 110
New oil sands extraction technology, the uncertainty of future access to Middle East oil and the expectation that high prices are permanent have combined to shift the focus of future U.S. oil supplies to Canada. The higher extraction costs for heavy oil and bitumen is outweighed by relatively lower exploration costs. It’s hard not to find oil in the three oil sands areas in northern Alberta that collectively hold about 14 percent of the world’s known oil reserves, roughly equivalent to those in Saudi Arabia, the world’s No. 1 producer. (9/16/2008)
Views: 110
A San Francisco Wachovia branch was under siege Wednesday afternoon by people on the verge of losing their homes. Those people accuse the bank of giving them mortgages that the bank knew they couldn't afford. Wachovia is the owner of the former Oakland-based World Savings, a bank that CBS 5 has been investigating for months. The bank is one of the Bay Area's largest, but one that advocates say repeatedly refuses to modify loans and help keep customers in their homes. (9/7/2008)
Views: 110
A group of citizens is outraged at a growing number of sexually explicit children's books offered at local public libraries – including stories about lap dancing, touching, oral sex, gay relationships, love triangles and masturbation. (9/5/2008)
Views: 110
Jerusalem’s Temple Institute takes biblical statement ‘build me a Temple and I shall dwell amongst you’ literally, enlisting hundreds of teens for this endeavor (8/1/2008)
Views: 110
Russian military intelligence services are reporting a flurry of activity by U.S. Armed Forces near Iran's borders, a high-ranking security source said Tuesday. 'The latest military intelligence data point to heightened U.S. military preparations for both an air and ground operation against Iran,' the official said, adding that the Pentagon has probably not yet made a final decision as to when an attack will be launched. (3/27/2007)
Views: 110
The United States House of Representatives passed the American Clean Energy and Security Act or Cap & Trade bill.
See how your representative voted (6/26/2009)
Views: 109The Environmental Protection Agency concluded Friday that greenhouse gases linked to climate change endanger public health and welfare, setting the stage for regulating them under federal clean air laws. (4/17/2009)
Views: 109
The number of UK homes repossessed last year rose 54pc to a 12-year high of 40,000, figures from the Council of Mortgage Lenders show. (2/20/2009)
Views: 109
With a week away, and a sure sign of things to come, OWSweather.com is making preparations on the server to handle the traffic from this next event. UJEAS is in line with the majority if not all the other models in keeping a near historical arctic air mass into the Southern California region. (12/9/2008)
Views: 109
Treasury Secretary Henry Paulson is considering a new plan to reduce mortgage rates in another bid to revive the U.S. housing market, a government official said.
The Treasury, which already has a program to buy mortgage- backed securities issued by Fannie Mae and Freddie Mac, could step up those purchases to drive down interest rates on some loans to 4.5 percent, the official said on condition of anonymity. The plan is preliminary and could change. (12/4/2008)
Views: 109
The number of attacks on US government, defence companies and businesses rose by a third in 2007, to 43,880 incidents affecting five million computers, according to the claims by the US-China Economic and Security Review Commission.
Some were so sophisticated that they might be impossible to counteract, or even detect. Meanwhile, its space programme, targeted at what one Chinese military strategist called America's soft ribs, was steadily increasing the vulnerability of US assets.
China is intent on expanding its sphere of control even at the expense of its Asian neighbours and the United States, it said. (11/21/2008)
Views: 109
U.S. Sen. Jim Inhofe said Saturday that Congress was not told the truth about the bailout of the nation's financial system and should take back what is left of the $700 billion 'blank check' it gave the Bush administration. 'It is just outrageous that the American people don't know that Congress doesn't know how much money he (Treasury Secretary Henry Paulson) has given away to anyone,' the Oklahoma Republican told the Tulsa World. 'It could be to his friends. It could be to anybody else. We don't know. There is no way of knowing.' (11/17/2008)
Views: 109
A website launched Friday with the backing of technology industry and Hollywood elite urges people worldwide to help craft a framework for harmony between all religions. (11/14/2008)
Views: 109
in a blog posting entitled 'A McCain 'Win' Will Be Theft, Resistance Is Planned', David Swanson, Washington director of Democrats.com and a board member of Progressive Democrats of America, writes: 'If your television declares John McCain the president elect on the evening of November 4th, your television will be lying. You should immediately pick up your pre-packed bags and head straight to the White House in Washington, DC, which we will surround and shut down until this attempt at a third illegitimate presidency is reversed. We may be there for days or weeks or months. But we must be there. We must be there by the millions. We must show each other, and the nation, and the world that we have had enough, that we will not stand for one more stolen election, that we will not give in to fear, lies, theft, and intimidation.' (10/25/2008)
Views: 109
In the last decade, we experienced the growth of the greatest number and size of asset bubbles in history made possible by a bubble in instruments that Warren Buffett has labeled “financial weapons of mass destruction.” Now that this mother of all bubbles is breaking, who can afford to pick up the tab? A very comprehensive article about derivatives, credit default swaps and banking, including what has happened and what likely will happen in the future. (10/21/2008)
Views: 109
The European Union and Russia formally got their relations back on track Wednesday when French President Nicolas Sarkozy and his Russian counterpart, Dmitry Medvedev, met for talks on a common future. Sarkozy also proposed a summit meeting of the Organization for Security and Cooperation in Europe to be held at the end of 2009 to discuss (Russian) proposals and those of the European Union for new concepts of a pan-European defence. For his part, Medvedev urged the convening of a special forum at which the leaders of all European states and the leaders of key organisations in the Euro-Atlantic area could take part. (10/13/2008)
Views: 109
During deliberations over the $700 billion federal bailout of banks and financial institutions, several members of Congress were threatened with the prospect of martial law if they did not act quickly and decisively to approve the measure, according to Rep. Brad Sherman, D-Calif., an ardent opponent of the plan. Many of us were told in private conversations, that if we didn't pass this bill on Monday, the sky would fall, the market would drop two or three thousand points, another couple thousand the second day, and a few members were even told that there would be martial law in America if we voted no, he said on the House floor Oct. 2. (10/13/2008)
Views: 109
Public Law 97-280 passed unanimously by the House and the Senate and signed into law by President Reagan, requesting 1983 be officially recognized as the Year of the Bible. (10/1/2008)
Views: 109
New concerns are being raised by the possibility that Syria may launch troops into Lebanon by using a pretext of concern over assaults on a Lebanese faction sympathetic to the Syrian leadership. Confirmed reports reveal that there are some 10,000 Syrian special forces troops massed on the northern border of Lebanon. (9/25/2008)
Views: 109
Haiti was reeling last night from a series of tropical storms which devastated crops and infrastructure and left bodies floating in flooded towns. Three storms in three weeks unleashed catastrophe and submerged much of the impoverished Caribbean nation, said President Rene Preval. A fourth storm, Ike, was gathering force in the Atlantic and could strike next week. (9/5/2008)
Views: 109
Security is being heightened along the southern U.S. border because of a threat that warring Mexican cartels may send hit men into the United States, authorities said Monday. (8/25/2008)
Views: 109
A state Supreme Court today ruled that constitutional freedom of religion does not permit doctors to refuse services to homosexual clients, even when those services would violate doctors' moral and religious convictions. (8/19/2008)
Views: 109
Two remarkable developments took place recently that are extremely relevant to students of Bible prophecy. For the first time in 1,600 years, the Israeli Sanhedrin was re-established. It occurred in Tiberius, the site of the Sanhedrin's last meeting in AD 425. These religious authorities believe it was necessary to re-establish the Sanhedrin because only this properly ordained body of sages can authenticate a Messiah when he comes. There is a growing expectation of the long-awaited Messiah to appear among devout Jews. The rebirth of the Jewish state and recapture of Jerusalem has increasingly influenced this conviction. On Feb. 9, just a few weeks after the Sanhedrin's re-establishment, another enormously important development took place. The religious sages began to consider the rebuilding of the Temple and reinstitution of ancient animal sacrifices as prescribed in the Law of Moses. (8/1/2008)
Views: 109
A coalition of black pastors, activists and leaders has challenged the National Association for the Advancement of Colored People to oppose a "slick racist" – Margaret Sanger – and her life's work, the abortion-industry leader Planned Parenthood. (7/16/2008)
Views: 109
Helicopter Ben Bernanke’s Federal Reserve is dropping trillions of fresh paper dollars on the world economy, the President of the United States is cracking jokes on late night comedy shows, his energy minister is threatening a trade war over carbon emissions, his treasury secretary is dithering over a banking reform program amid rising concerns over his competence and a monumentally dysfunctional U.S. Congress is launching another public jihad against corporations and bankers. (3/20/2009)
Views: 108
Ben's going to have a lot of explaining to do when he gets back from London. He flew out there to tell them the economy is worse then admitted? He probably knew he'd get raked over the coals if he said that in front of Dr Paul and the financial committee. (1/15/2009)
Views: 108
Three big city mayors asked the federal government Friday to use a portion of the $700 billion financial bailout to assist struggling cities. The mayors sought help with their pension costs, infrastructure investment and cash-flow problems stemming from the global financial crisis. The mayors—Michael Nutter of Philadelphia, Shirley Franklin of Atlanta and Phil Gordon of Phoenix—made their request in a letter to Treasury Secretary Henry Paulson. (11/16/2008)
Views: 108
We speak to Pulitzer-winning journalist Sydney Schanberg about how the “war hero” candidate Sen. John McCain buried information about POWs left behind in Vietnam. (10/25/2008)
Views: 108
A Nevada voter-fraud task force Tuesday raided the state headquarters of a Democrat-allied organization that works to get low-income people to vote, setting off a skirmish over efforts to expand the electorate on behalf of Sen. Barack Obama. Authorities searched the Las Vegas office of the Association of Community Organizations for Reform Now, or ACORN, which is accused of submitting multiple voter registrations with duplicate and false names, including names of former Dallas Cowboys players. (10/9/2008)
Views: 108
Any aggression against Iran will start a world war, deputy chief of staff for defence publicity, Brigadier General Masoud Jazayeri, said in a statement carried by the agency. The unrestrained greed of the US leadership and global Zionism... is gradually leading the world to the edge of a precipice, Jazayeri said, citing the unrest in Afghanistan, Iraq, Sudan and Georgia. (8/30/2008)
Views: 108
Lehman Brothers, the Wall Street investment bank, is understood to be in talks to sell its entire $40 billion (£21.5 billion) real estate portfolio in a move to stem losses incurred during one of the worst property slumps since the Great Depression. (8/19/2008)
Views: 108
When the public moves to an investment in large numbers, it usually signals the end of a run. (6/17/2009)
Views: 107
Since CNBC's Rick Santelli first suggested a Chicago Tea Party to protest President Obama's plans to stimulate the economy and bailout homeowners through unrestrained government spending, organized demonstrations have been occurring across the fruited plain.
Unfortunately, unless you frequent conservative websites, you'd have no idea that such events were being staged.
Despite their lack of coverage, as Knoxnews.com revealed Sunday, these Tea Parties are springing up all over the country...
Did you know there have been that many? If you didn't, don't feel embarrassed for these have gone almost totally ignored.
For instance, with the exception of Fox News and CNN, no major television outlet has covered even one of these events except the original proposed by Santelli on February 19. (3/17/2009)
Views: 107
Sarah Palin has returned to Alaska after her whirlwind 68-day exposure to America's national political scene, but the controversy over her vice-presidential candidacy shows no sign of abating. As the state governor stepped off a plane in icy Anchorage on Wednesday, she faced fresh allegations over her behaviour on the campaign trail and renewed attacks on her lack of readiness for the White House. Many of the attacks were from disgruntled aides within John McCain's campaign. (11/7/2008)
Views: 107
Mark my words, the Democratic vice presidential nominee warned at the second of his two Seattle fundraisers Sunday. It will not be six months before the world tests Barack Obama like they did John Kennedy. The world is looking. We're about to elect a brilliant 47-year-old senator president of the United States of America. Remember I said it standing here if you don't remember anything else I said. Watch, we're gonna have an international crisis, a generated crisis, to test the mettle of this guy. (10/20/2008)
Views: 107
Vint Cerf, the man who helped invent the system and one of the world's leading computer scientists, said that the web does not have enough unique codes that allow computers to communicate with each other. He said that when the internet protocol (IP) addresses do run out, the connectivity of the internet will be damaged and some computers will not be able to go online. This is like the internet running out of telephone numbers and with no new numbers, you can't have more subscribers, he said. (9/26/2008)
Views: 107
Israel has warned Russia that further weapons sales to Syria would upset the power balance in the Middle East. (8/22/2008)
Views: 107
Russia would cross "a red line for the United States of America" if it were to base nuclear capable bombers in Cuba, a top US air force officer warned on Tuesday.
"If they did I think we should stand strong and indicate that is something that crosses a threshold, crosses a red line for the United States of America," said General Norton Schwartz, nominated to be the air force's chief of staff.
He was referring to a Russian news report that said the military is thinking of flying long-range bombers to Cuba on a regular basis. (7/23/2008)
Views: 107
In an interview with The Real News Network, filmmaker Marie-Monique Robin discussed her recent film 'The World According to Monsanto.' The documentary exposes Monsanto's controversial practices, which range from concealing knowledge of toxicity of PCBs to producing genetically modified seeds and related herbicides. (7/8/2008)
Views: 107
This morning, the Bureau of Labor Statistics (BLS) released the June Employment Report . Jobs were negative for a 6th consecutive month. My target of 6% or higher stated unemployment by the end of the year remains on track. Here is a synopsis of that report. (7/8/2008)
Views: 107
Very few people realize that the worst epidemic ever to hit America, the Spanish Influenza of 1918 was the after effect of the massive nation-wide vaccine campaign. (7/15/2009)
Views: 106
Banks in Florida, Illinois, Nebraska and Oregon were shut by state regulators, boosting the toll of failed institutions to 13, as a worsening economy and slumping housing market pushes home foreclosures to records. (2/14/2009)
Views: 106
Up to 15 regional and national retail chains face going bankrupt within the next month, insolvency experts warned yesterday, as one of the largest post-Christmas sales for decades got under way today. (12/26/2008)
Views: 106
Michelle Obama placed a surprise call to an African news agency to protest its coverage of WND investigative stories about her husband – characterizing the source of the material as racist and Jerome Corsi as evil. (10/15/2008)
Views: 106
Hundreds of educators have endorsed a letter opposing the demonization of Williams Ayers – the domestic terrorist who helped launch Barack Obama's poliltical career. Ayers was a key member of the radical Weathermen group – a band of revolutionaries who declared war on the U.S. government and the free enterprise system – during the 1970s and has written about his involvement in bombing the New York City police headquarters in 1970, the Capitol in 1971 and the Pentagon in 1972. (10/7/2008)
Views: 106
The nation's largest group of atheists and agnostics is suing President Bush, the governor of Wisconsin and other officials over the federal law designating a National Day of Prayer. The Freedom From Religion Foundation sued Friday in U.S. district court, arguing that the president's mandated proclamations calling on Americans to pray violates a constitutional ban on government officials endorsing religion. (10/4/2008)
Views: 106
Keeping track of your carbon footprint could become as simple as slipping a mobile phone in your pocket: a London-based start-up company has developed software for mobile phones that uses global positioning satellites to work out automatically whether you are walking, driving or flying and then calculate your impact on the environment. (9/29/2008)
Views: 106
The US stock market could suffer a devastating crash with shares losing a third of their value this week if Hank Paulson’s financial bailout plan fails, US Treasury officials have warned. The financial system could face a meltdown of 1929 proportions unless US politicians succeed in their efforts for a $700bn rescue scheme, experts added. One Republican said that the message from government officials is that “the economy is dropping into the john.” He added: “We could see falls of 3,000 or 4,000 points on the Dow. Amazing pressure being applied! (9/28/2008)
Views: 106
The list, in alphabetical order, of companies scoring a perfect 100 percent on the Human Rights Campaign's 2009 Corporate Equality Index, with policies beneficial toward homosexuals. (9/13/2008)
Views: 106
The Environment Minister Sammy Wilson has angered green campaigners by describing their view on climate change as a hysterical psuedo-religion. In an article in the News Letter, Mr Wilson said he believed it occurred naturally and was not man-made. (9/5/2008)
Views: 106
Ministers are bracing themselves for a rise in violent crime and burglaries and a shift to far-right extremism as the effects of the economic downturn take their toll, a leaked Home Office report to the Prime Minister says. (9/2/2008)
Views: 106
Parents in England will for the first time be routinely informed if a child is clinically overweight under controversial plans to tackle an epidemic of obesity that were announced yesterday by the Department of Health. (8/5/2008)
Views: 106
Young girls consider self-harm to be normal teenage behaviour, according to research by mental health and volunteer organisations published today.
A study of the attitudes of 10 to 14-year-old girls found that two fifths know someone who has harmed herself and many believe it to be an accepted way of dealing with teenage angst. (7/16/2008)
Views: 106
Ministers are in talks with supermarkets about emergency food reserves in case fuel protests lead to shortages at shops. The government wants to ensure retailers and suppliers can continue to sell basics such as meat, bread and milk if hauliers bring the country to a halt. (7/7/2008)
Views: 106
Sen. Barbara Boxer, D-Calif., is urging a hurry-up timetable for adoption of a United Nations treaty she says provides for basic human rights for children but opponents argue would destroy parental rights to raise their children as they choose. The document would create the right of the child to freedom of thought, conscience and religion, which critics say would usurp the role of parents in directing their children's religious training. (2/28/2009)
Views: 105
Russian warships pulled into Havana yesterday for the first time since the end of the Soviet era in the last port of call on an expedition designed to send a message to Washington about the military reach of Moscow. (12/21/2008)
Views: 105
Almost a third of hedge funds will shut or merge after the $1.5 trillion industry posted its worst ever performance this year, according to IGS Group, which advises hedge funds on raising money.
“The failure rate is going to go up, the closure rate is going up, and the merger rate is going up,” IGS Chief Executive Officer John Godden said in an interview in London. “It’s going to be a 30 percent wipe out.” (12/15/2008)
Views: 105
In the next three years the military plans to activate and train an estimated 4,700 service members for specialized domestic operations, according to Air Force Gen. Gene Renuart, commander of U.S. Northern Command, which was created in 2002 for homeland defense missions. Military representatives claim that the unit, now referred to as the Consequence Management Response Force, is only supposed to assist in responding to terrorist attacks or natural disasters, but that hasn’t stopped numerous civil liberties advocates from speculating just how closely the military will be involved with law enforcement issues falling under a state’s jurisdiction. (11/8/2008)
Views: 105
If somebody wants to build a coal power plant they can, it's just that it will bankrupt them because they are going to be charged a huge sum for all that greenhouse gas that's being emitted, Barack Obama said to the San Francisco Chronicle in January. (11/3/2008)
Views: 105
Glenn Beck answers email from his family regarding the current financial crisis. He explains how we got here and what do for your families. This letter is broken up into three parts. Read the articles in the links. (10/6/2008)
Views: 105
The United States needs new weapon systems, including missile defenses and other advanced military capabilities, to deter and counter China's steady buildup of nuclear and conventional arms, according to a draft internal report by a State Department advisory board. (10/1/2008)
Views: 105
The census' American Community Survey figures for 2007 indicate that 74 percent of all residents in the El Paso metropolitan area spoke Spanish at home, even if they are fluent in English. The numbers also say that one out of every five people living in the states of Texas, New Mexico, Arizona and California use mainly Spanish, and not English, at home. (9/24/2008)
Views: 105
The United States is mired in a once-in-a century financial crisis which is now more than likely to spark a recession, former Federal Reserve chief Alan Greenspan said Sunday. The former Federal Reserve chairman also predicted that the financial crisis would see the failure of more major financial institutions, even as embattled Wall Street investment giant Lehman Brothers scrambled to find a buyer. (9/14/2008)
Views: 105
Despite brutal and horrifying persecution that has left countless dead and an estimated 50,000 homeless, Christians in India's Orissa state are determined that God will have the victory in their violence-torn homeland. (9/9/2008)
Views: 105
At least two counties in California have begun reviewing a plan to uphold the state's laws regarding marriage as being between one man and one woman and disregard a state Supreme Court opinion that has yet to be implemented by the Legislature.
(7/7/2008)
Views: 105
Detailed analysis of the impact when trucking stops (7/7/2008)
Views: 105
The US Federal Reserve took the unprecedented step of setting an inflation target for the first time as it warned the American economy will contract more sharply than first thought in 2009. (2/20/2009)
Views: 104
Like the
Baltic Dry Index, air cargo traffic has plummeted as a result of the global recession, according to the latest figures released by the aviation industry... The slump, described as free fall by Giovanni Bisignani, IATA's director general, is even worse than that which followed September 11, when much of the global fleet was grounded.
(1/29/2009)
Views: 104Calls are growing louder for Russia to face international isolation because of its invasion and partition of Georgia, as European leaders prepared for an emergency summit on the Caucasus crisis and Moscow continued to speak out against its neighbour. Western support for Georgian leadership would be a mistake of 'historic proportions', says foreign minister. (9/2/2008)
Views: 104
The world's biggest and most expensive scientific experiment has been hit by a last minute legal challenge, amid claims that the research could bring about the end of the world. The device is designed to replicate conditions that existed just a fraction of a second after the Big Bang, and its creators hope it will unlock the secrets of how the universe began. (8/31/2008)
Views: 104
Georgia cabinet minster says Georgian troops are in control of capital of South Ossetia, four Russian warplanes shot down; Russian military officials claiming 10 "peacekeepers" killed, 30 wounded in fighting.
(8/8/2008)
Views: 104
Brazilian President Luiz Inacio Lula da Silva recently revealed that the South American countries are planning for a common currency as part of the integration of the individual countries into the Union of South American Nations. This integration is patterned after the formation of the European Union, and parallels the plan for the North American Union.
(8/4/2008)
Views: 104
According to the Economist, Saudi Arabia, Kuwait, and China have been “quietly” buying up more than $20 billion of this asset.
It’s not oil or natural gas assets though. And it’s not the molybdenum they need to build thousands of miles of new pipelines. They’re buying up one of my favorite long-term investments, farmland. (6/15/2009)
Views: 103
Buildings were shaking in Mexico City after an earthquake hit, Reuters reported.
It was a magnitude 5.8 earthquake, according to the U.S. Geological Survey. (4/27/2009)
Views: 103
PAKISTAN could collapse within months, one of the more influential counter-insurgency voices in Washington says.
The warning comes as the US scrambles to redeploy its military forces and diplomats in an attempt to stem rising violence and anarchy in Afghanistan and Pakistan.
We have to face the fact that if Pakistan collapses it will dwarf anything we have seen so far in whatever we're calling the war on terror now, said David Kilcullen, a former Australian Army officer who was a specialist adviser for the Bush administration and is now a consultant to the Obama White House. (4/13/2009)
Views: 103
President Barack Obama's $3.5 trillion budget plan contains a number of tax increases on wealthier Americans to pay for his spending proposals. But tucked away in the plan is one tax provision that could hurt the most needy citizens. Obama's tax plan would raise taxes on charitable contributions for families making over $250,000 per year. The Wall Street Journal reports that families in the top two tax brackets would see the value of the tax break for their donations to charity limited. Households paying taxes at the 33% and 35% rates can currently claim deductions at those rates. Under the Obama proposal, they could deduct only 28% of the value of those payments, the report says. (3/3/2009)
Views: 103
A defector from Germany's hard-core neo-Nazi party the NPD has painted a chilling picture of the rise of new Hitler worshippers and their plans to build the Fourth Reich. (2/26/2009)
Views: 103
The stately senator from South Carolina sees America's unique centuries-old system of freedom dying out.
I would think it's time to start thinking about peaceful demonstrations, he told us last week.
The power of the people is there. Freedom is in the people's hands right now, and it's about to slip through. (2/23/2009)
Views: 103
Gold has surged to an all-time high against the euro, sterling, and a string of Asian currencies on mounting concerns that global authorities are embarking on a Zimbabwe-style debasement of the international monetary system. (2/18/2009)
Views: 103
Republican Senators are questioning whether President Barack Obama’s stimulus bill contains the right mix of tax breaks and cash infusions to jump-start the economy.
Tragically, no one from either party is objecting to the health provisions slipped in without discussion. These provisions reflect the handiwork of Tom Daschle, until recently the nominee to head the Health and Human Services Department. (2/9/2009)
Views: 103
President Barack Obama on Saturday laid out more pieces of an economic plan he says would add 3,000 miles of electrical lines, increase security at 90 ports and double the United States' renewable energy capacity within three years. (1/24/2009)
Views: 103
Mexico and Pakistan are at risk of a rapid and sudden collapse, according to a recent report from the U.S. Joint Forces Command. (1/15/2009)
Views: 103
Russia would come under crippling financial pressure and may need to raise money externally if oil languishes at an average of $30 a barrel over the next two years, the World Bank predicted Friday. (12/19/2008)
Views: 103
Israel is drawing up plans to attack Iran's nuclear facilities and is prepared to launch a strike without backing from the U.S., an Israeli newspaper reported Thursday.
Officials in the Israeli Defense Ministry told The Jerusalem Post that while they prefer to act in consultation with the U.S., they are preparing plans that would allow them to act alone.
It is always better to coordinate, a senior Defense Ministry official told the newspaper. But we are also preparing options that do not include coordination. (12/4/2008)
Views: 103
A perfect storm could be building for US election day on November 4 because of a combination of sky-high voter interest, new ballot machines and a shortage of poll staff, the independent Pew group warned yesterday. The launch of the 77-page report came as legal clashes over voter registration and hours-long queues formed outside booths set up for early voting in states across the US. Voting is now underway in 46 of the 50 states, though election day is still almost a fortnight away. (10/24/2008)
Views: 103
Linens 'n Things will close all 317 of its remaining stores in 48 states, including nearly a dozen throughout Washington, after finishing going-out-of-business sales. The bankrupt New Jersey-based retailer was unable to find a buyer willing to take over the locations as a going concern. It already has closed 218 stores this year. (10/18/2008)
Views: 103
Baggage searches are SOOOOOO early-21st century. Homeland Security is now testing the next generation of security screening — a body scanner that can read your mind. Most preventive screening looks for explosives or metals that pose a threat. But a new system called MALINTENT turns the old school approach on its head. This Orwellian-sounding machine detects the person — not the device — set to wreak havoc and terror. (9/24/2008)
Views: 103
The government-backed Korea Development Bank (KDB) today ended weeks of speculation and declared that it was assembling a bidding consortium to negotiate a possible investment in Lehman Brothers. The announcement, first revealed by Times Online, could enable the struggling Wall Street investment bank to taken over by an “all-Korea” consortium that would give managerial control to KDB. (9/3/2008)
Views: 103
Thailand sank deeper into political chaos yesterday as anti-government demonstrators forced the closure of airports and railway lines, stranding foreign and domestic passengers and increasing fears of yet another military coup. (8/31/2008)
Views: 103
A U.S. decision to bend policy and sit down with Iran at nuclear talks fizzled Saturday, with Iran stonewalling Washington and five other world powers on their call to freeze uranium enrichment.
(7/20/2008)
Views: 103
The panic in world financial markets has led to sharp falls in share prices and led to the contraction of credit markets. BBC News looks at how key indicators around the world have moved as recession fears grow. (12/21/2008)
Views: 102
Millions of people across the Middle East and Asia have lost access to the internet after two undersea cables in the Mediterranean suffered severe damage.
Huge numbers in Egypt and India were left struggling to get online as a result of the outage, when the major internet pipeline between Egypt and Italy was cut. (12/21/2008)
Views: 102
A pro-life group in Washington has launched a campaign to oppose what it calls president-elect Barack Obama's planned $1.5 billion bailout of the abortion industry.
Last week, the Obama-Biden Transition Project posted a report on its website that calls for dramatic policy reversals on abortion, including $1 billion in taxpayer money for international abortion groups like Planned Parenthood. The report, titled Advancing Reproductive Rights and Health in a New Administration, also calls for a 133-percent increase in funding for the Title X program, which funds Planned Parenthood clinics across the country.
Marjorie Dannenfelser, president of the Susan B. Anthony List, is hoping a Republican-led effort in the Senate will block Obama's plan to substantially increase taxpayer funding of Marjorie Dannenfelserthe abortion industry. (12/18/2008)
Views: 102
Thousands of hedge funds are expected to go bust in the next few months, amid fears that the secretive sector of the financial industry will be the next to buckle under the pressure of global market turmoil. Yesterday two major funds in the US revealed they were under pressure. It is estimated that 20-50% of the 10,000 hedge funds worldwide are vulnerable to a squeeze on their funds. (10/19/2008)
Views: 102
Downing Street's desperate efforts to shore up the economy in the face of the escalating credit crash may not be enough to rescue the transport, building and car industries, as a tidal wave of job losses are predicted in the coming months. More than a million Britons will be out of work and on the dole by next month as the toxic fallout from Black October filters down to ordinary families, economists are warning. (10/13/2008)
Views: 102
Starting Tuesday, New Yorkers will be able to buy new driver's licenses containing a radio chip that will let them travel between the U.S. and Canada or Mexico without a passport. (9/17/2008)
Views: 102
Eleven decapitated bodies have been found outside the city of Merida on the Yucatan peninsula, heightening fears that Mexico's recent descent into violence has reached even heavily protected tourist areas. All the bodies showed signs of torture and were tattooed with star signs and the letter “Z”, suggesting that they had fallen victim to the country's growing drug war, which has left more than 2,700 dead so far this year. (8/30/2008)
Views: 102
Iranian state radio is quoting the country's defense minister as saying Iran's military capabilities "increased remarkably" after the construction of a new submarine. (8/12/2008)
Views: 102
Cops allowed to seize firearms even before crime is committed. A new report to the Connecticut state legislature shows police have used the state's unique gun seizure law to confiscate more than 1,700 firearms from citizens based on suspicion that the gun owners might harm themselves or others.
(8/4/2008)
Views: 102
George Bush has today lifted a presidential ban on oil drilling off American coastlines that was first signed by his father – a symbolic move aimed at pressuring Congress into lifting its own similar ban.
(7/17/2008)
Views: 102
Christian doctrine is offensive to Muslims, the Archbishop of Canterbury said yesterday.
Dr Rowan Williams also criticised Christianity's history for its violence, its use of harsh punishments and its betrayal of its peaceful principles.
His comments came in a highly conciliatory letter to Islamic leaders calling for an alliance between the two faiths for 'the common good'. (7/16/2008)
Views: 102
U.S. foreclosure filings increased 53 percent in June from a year earlier and bank seizures rose the most on record as deteriorating property values and higher rates on adjustable mortgages forced more people to give up their homes.
(7/11/2008)
Views: 102
Russia threatened to retaliate by military means after a deal with the Czech Republic brought the US missile defence system in Europe a step closer. (7/8/2008)
Views: 102
Teachers are being turned into social workers and surrogate parents under Labour, according to the headteacher of the country's most popular school. (7/8/2008)
Views: 102
The [UK] government will increase its top rate of income tax to a higher than expected 50 percent from next year, Chancellor Alistair Darling said on Wednesday as he delivered the government's annual budget...
In order to help pay for additional support for people now, I have decided that the new rate will be 50 percent and will come in from next April -- a year earlier. (4/22/2009)
Views: 101
ANGRY residents last night accused local authorities of contributing to the bushfire toll by failing to let residents chop down trees and clear up bushland that posed a fire risk. (2/11/2009)
Views: 101
One of the top lawyers in the nation in the battle to protect traditional marriage, historically Christian lifestyle choices, parental rights and the key freedoms provided by the U.S. Constitution is warning that there eventually could be no lawyers left to take up those disputes. (1/2/2009)
Views: 101
The UK's economy will shrink by 2.5pc in 2009 - a significantly worse year than any experienced either in the early 1990s or the 1970s, a number of economists warned. (12/23/2008)
Views: 101
Obama's campaign headquarters in Lake City, Fla., has posted a victory sign in its window stating, To God be the glory. Great things he has done. Obama. Thy kingdom come, thy will be done. (11/8/2008)
Views: 101
Every police force in the UK is to be equipped with mobile fingerprint scanners - handheld devices that allow police to carry out identity checks on people in the street. The new technology, which ultimately may be able to receive pictures of suspects, is likely to be in widespread use within 18 months. Tens of thousands of sets - as compact as BlackBerry smartphones - are expected to be distributed. (10/27/2008)
Views: 101
U.S. House of Representatives votes for the $700 Billion bailout. (10/3/2008)
Views: 101
On Wednesday, finance chiefs of five of the six-member, oil-rich Gulf Cooperation Council approved a proposal to create a monetary union as a move toward adopting a single currency, according to the AFP. The emergence of an Islamic single currency among these oil-rich Middle Eastern countries marks a significant step in the emerging worldwide movement to abandon national currencies in favor of regional currencies, along the model where the EU states have abandoned their national currencies in favor of the European Central Bank and the euro. (9/21/2008)
Views: 101
Two Tu-160 Russian strategic bombers landed Wednesday at an airbase in Venezuela to take part in military exercises, Russian news agencies reported, citing the Russian defence ministry. (9/11/2008)
Views: 101
The deepening toll from the global financial crisis could trigger the failure of a large US bank within months, a respected former chief economist of the International Monetary Fund claimed today, fuelling another battering for banking shares. “We’re not just going to see mid-sized banks go under in the next few months, we’re going to see a whopper, we’re going to see a big one — one of the big investment banks or big banks.” (8/19/2008)
Views: 101
President Dimitry Medvedev delivered his most hawkish statement yet in the current Georgian crisis today when he warned that any further aggression against Russian citizens would prompt a crushing response. (8/18/2008)
Views: 101
Oil demand in Western countries is set for its biggest fall in 25 years as the global economic slowdown intensifies and consumers respond to high prices. (8/16/2008)
Views: 101
President Bush has issued a blunt condemnation of Beijing’s repression of its people on the eve of the Olympics, just as three American Christians were arrested for protesting for religious freedom in Tiananmen Square.Those remarks are likely to anger China’s leadership, but some Chinese analysts said Beijing would probably give no sign of its irritation when Mr Bush meets his Chinese counterpart, Hu Jintao. (8/7/2008)
Views: 101
Deep in the northernmost reaches of the Amazon jungle, a land conflict between rice farmers and a handful of Indian tribes has turned so violent that the country's Supreme Court warns it could escalate into civil war.
(8/6/2008)
Views: 101
Alan Greenspan, former Federal Reserve chairman, has warned that more banks and financial institutions could end up being bailed out by governments before the credit crunch is over. He added that the insolvency crisis will come to an end only when house prices in the US even out.
(8/5/2008)
Views: 101
Prime Minister Gordon Brown says leaders at the G-20 summit have agreed to give $1 trillion to the International Monetary Fund and the World Bank to help struggling nations around the world. (4/2/2009)
Views: 100
The Nobel Prize-winning economist, speaking a day after the Dow Jones Industrial Average rose by almost 7pc in support of the novel public-private partnership (PPIP), said that the plan is very flawed and amounts to robbery of the American people. (3/24/2009)
Views: 100
The Bank of England has slashed interest rates to the lowest level on record and pledged to pump up to £150bn of new money into the economy as it embarks on a radical new policy to fight recession. (3/5/2009)
Views: 100
In his final acts of clemency, President George W. Bush on Monday commuted the prison sentences of two former U.S. Border Patrol agents whose convictions for shooting a Mexican drug dealer ignited fierce debate about illegal immigration.
Bush's decision to commute the sentences of Ignacio Ramos and Jose Compean, who tried to cover up the shooting, was welcomed by both Republican and Democratic members of Congress. They had long argued that the agents were merely doing their jobs, defending the American border against criminals. They also maintained that the more than 10-year prison sentences the pair was given were too harsh. (1/19/2009)
Views: 100
The cost of hedging against losses on European government bonds jumped as Standard & Poor's cut Greece's credit rating after threatening to downgrade Ireland, Portugal and Spain. (1/15/2009)
Views: 100
The nation's unemployment rate bolted to 7.2% in December, the highest level in 16 years, as nervous employers slashed 524,000 jobs. The labor market is expected to remain weak as mass layoffs continue. (1/9/2009)
Views: 100
US President George W. Bush said in an interview Tuesday he was forced to sacrifice free market principles to save the economy from collapse.
I've abandoned free-market principles to save the free-market system, Bush told CNN television, saying he had made the decision to make sure the economy doesn't collapse. (12/17/2008)
Views: 100
Good news: we were all able to testify against the bill today, and we gave them a response they weren’t expecting. There were 10 of us who spoke out against it, ZERO who spoke in support. Members from Campaign for Liberty, Ohio Freedom Alliance, We Are Change Ohio, John Birch Society, Institute for Principled Policy, Constitution Party of Ohio, and the Libertarian Party of Ohio showed up in support, most of them testified. (12/11/2008)
Views: 100
Let’s try a thought experiment. Say John McCain attended a party at which known racists and terror mongers were in attendance. Say testimonials were given, including a glowing one by McCain for the benefit of the guest of honor ... who happened to be a top apologist for terrorists. Say McCain not only gave a speech but stood by, in tacit approval and solidarity, while other racists and terror mongers gave speeches that reeked of hatred for an American ally and rationalizations of terror attacks. Now let's say the Los Angeles Times obtained a videotape of the party. (10/28/2008)
Views: 100
‘You’ve got only a couple thousand bucks in the bank. Your job pays you dog-food wages. Your credit history has been bent, stapled, and mutilated. You declared bankruptcy in 1989. Don’t despair: You can still buy a house.” So began an April 1995 article in the Chicago Sun-Times that went on to direct prospective home-buyers fitting this profile to a group of far-left “community organizers” called ACORN, for assistance. In retrospect, of course, encouraging customers like this to buy homes seems little short of madness. At the time, however, that 1995 Chicago newspaper article represented something of a triumph for Barack Obama. That same year, as a director at Chicago’s Woods Fund, Obama was successfully pushing for a major expansion of assistance to ACORN, and sending still more money ACORN’s way from his post as board chair of the Chicago Annenberg Challenge. Through both funding and personal-leadership training, Obama supported ACORN. And ACORN, far more than we’ve recognized up to now, had a major role in precipitating the subprime crisis. (10/9/2008)
Views: 100
We face extreme danger. Unless there is immediate intervention on every front by all the major powers acting in concert, we risk a disintegration of global finance within days. Nobody will be spared, unless they own gold bars. (10/6/2008)
Views: 100
Most adults in the United States believe there is no need to launch military action against Iran right now, according to a poll by CBS News and the New York Times. 61 per cent of respondents believe Iran can be contained with diplomacy, and 20 per cent believe it is not a threat to the U.S. at this time. Only 10 per cent of respondents consider Iran a threat to the United States that requires military action now. (10/3/2008)
Views: 100
UN chief Ban Ki-moon on Tuesday stressed the need for global leadership as he pressed world leaders not to pursue narrow national interests in the face of hard economic times. I see a danger of nations looking more inward, rather than toward a shared future, he said at the opening of the UN General Assembly's annual debate. (9/23/2008)
Views: 100
Dick Cheney, the US Vice-President, upbraided Ukraine's bickering leaders on Friday as he warned that Russia was using blackmail and intimidation to divide America's allies. (9/7/2008)
Views: 100
Lehman Brothers is planning to axe up to 1,500 more jobs, as part of its desperate struggle to reduce costs, raise money and rebuild its battered balance sheet. (8/30/2008)
Views: 100
The Bible's history and literature will be required to be taught in public schools in Texas under a new law that has been clarified by the state attorney general to mean exactly what it says. This is a huge victory for the people of Texas and, I think, for people across the country for academic freedom, said Jonathan Saenz, a lawyer for Liberty Legal. (8/30/2008)
Views: 100
Russia says its response to the further development of a U.S. missile shield in Poland will go beyond diplomacy. (8/20/2008)
Views: 100
A leading energy analyst is telling clients these days to prepare for crude oil to retreat back below $65 per barrel over the next three years. (8/15/2008)
Views: 100
Every time the national debt is spoken of I wonder how the whole thing works. For most of us it's just a jingoistic term thrown around for political purposes. So, in search for that answer, I came across an article that explains the whole situation best. It's a wakeup call for anyone who starts to dig into the inner workings of our Federal Reserve system.
(7/9/2008)
Views: 100 - User Comments: 0 - Quote by William Cohen, Secretary of Defense
(7/8/2008)
Views: 100 - User Comments: 0 - Doctors at University College Hospital in London have given Reinbach the most advanced therapies, including a one-off treatment with an artificial liver from San Diego, Calif. But all have failed and they believe only a transplant will save him.
Reinbach, from Dagenham, Essex, does not qualify for an organ because official guidelines state that heavy drinkers must prove that they can be abstinent outside the hospital before they are considered. But his condition is so severe that he cannot be discharged to prove he can remain sober. (7/23/2009)
Views: 99
Russia is planning to create a dedicated military force to help protect its interests in the disputed Arctic region.
The presidential Security Council has released a document outlining goverment policy for the Arctic that includes creating a special group of military forces. The report was released this week and reported by Russian media on Friday. (3/28/2009)
Views: 99
An emboldened Hugo Chávez vowed to speed up “the construction of true socialism” in Venezuela after winning the right to stand for reelection indefinitely – a measure that opponents say puts the country on the path to dictatorship. (2/16/2009)
Views: 99
Greece has been in turmoil for 11 days. The mood seems to have turned pre-insurrectionary in parts of Athens - to borrow from the Marxist handbook.
This is a foretaste of what the world may face as the crisis of capitalism - another Marxist phase making a comeback - starts to turn two hundred million lives upside down.
We are advancing to the political stage of this global train wreck. Regimes are being tested. Those relying on perma-boom to mask a lack of democratic or ancestral legitimacy may try to gain time by the usual methods: trade barriers, sabre-rattling, and barbed wire. (12/23/2008)
Views: 99
Q. Will Barack Obama be the last president of the United States? I believe it was either Maitreya's associate or your Master who said that eventually the US presidency will be replaced by a group of wise elder statesmen and that former president Jimmy Carter (in office, 1976-1980) will be invited to join them if he lives long enough.
A. That is still the Plan so there is every chance that Mr Obama will be the last President. (12/22/2008)
Views: 99
The governor of the Bank of Spain on Sunday issued a bleak assessment of the economic crisis, warning that the world faced a total financial meltdown unseen since the Great Depression. (12/21/2008)
Views: 99
Venezuelan President Hugo Chavez's government will take over and nationalize La Cristinas, the biggest gold mine in the country owned by Canada's Crystallex, Mining Minister Rodolfo Sanz said Wednesday. The move is part of leftist Chavez's socialist agenda that calls for nationalizing Venezuela's natural resources. Over the past year, he has taken over the electricity, oil, steelmaking, cement and telephone enterprises (11/6/2008)
Views: 99
The world is on the brink of financial meltdown, the head of the International Monetary Fund (IMF) said last night. His bleak warning came as finance ministers tried to calm the frenzy in markets that saw share prices crash by more than 20% last week. Separately, the IMF’s chief economist predicted that shares could slump by another 20% before stabilising. (10/13/2008)
Views: 99
Syria raised the prospect yesterday of having Russian missiles on its soil, sparking fears of a new Cold War in the Middle East. President Assad said as he arrived in Moscow to clinch a series of military agreements: “We are ready to co-operate with Russia in any project that can strengthen its security.” (8/22/2008)
Views: 99
Georgia's president says a column of more than 100 Russian tanks and other vehicles is moving toward the country's second-largest city. (8/14/2008)
Views: 99
Mourning over the destruction of Jerusalem is normal in the month of Av, but at the Temple Mount and Land of Israel Faith Movement all focus is on the “big day” - the day in which the Third Temple will be built. (8/1/2008)
Views: 99
As the number of suspected or confirmed local cases of swine flu climbed to 12, the Schertz-Cibolo-Universal City Independent School District said Sunday it will close all its schools for at least one week. (4/27/2009)
Views: 98
The German cabinet approved a law on Wednesday letting it nationalise banks, setting aside a reluctance to seize private property in the latest government intervention worldwide to tackle the financial crisis. (2/18/2009)
Views: 98
As drug cartels continue to terrorize Mexico, Texas officials are planning for the worst-case scenario: how to respond if the violence spills over the border, and what to do if thousands of Mexicans seek refuge in the United States. (2/13/2009)
Views: 98
A two-decade-old state law that grants authorities the power to seize property used in crimes is wielded by some agencies against people who never are charged with — much less convicted of — criminal activity.
Law enforcement authorities in this East Texas town of 1,000 people seized property from at least 140 motorists between 2006 and 2008, and, to date, filed criminal charges against fewer than half, according to a review of court documents by the San Antonio Express-News. (2/9/2009)
Views: 98
Mahmoud Ahmadinejad, the Iranian president, suffered a serious blow yesterday when parliament sacked his interior minister for faking a law degree from Oxford University. Ali Kordan, a powerful figure on Iran's complex political scene, was told by the Majlis that he must face impeachment after he also admitted trying to bribe MPs not to proceed against him. By backing Kordan until the eve of the vote, the president has tarnished his reputation as a fighter against corruption. (11/7/2008)
Views: 98
Trading in futures on the Standard & Poor's 500 Index, the Dow Jones Industrial Average and the Nasdaq 100 Index was limited until U.S. markets open to stop the contracts from extending losses of more than 6 percent today. (10/24/2008)
Views: 98
After a four-year spending spree, Icelanders are flooding the supermarkets one last time, stocking up on food as the collapse of the banking system threatens to cut the island off from imports. (10/14/2008)
Views: 98
A coal fired power-plant in Oregon has started a pilot project to curb pollution by using algae to harvest greenhouse gases and make fuel and other useful products. How does it work? Just like you and I breathe in oxygen to make energy, algae breathe in carbon dioxide to make energy. So, if you capture all that carbon dioxide and feed it to the algae, they grow. Algae are particularly oily little buggers so after they’ve matured they can be squeezed to make oil. The leftover algae carcasses can then be converted to ethanol and used as feed for livestock. (10/3/2008)
Views: 98
Gordon Brown is promoting his plan for an international regulator to oversee the international financial markets and prevent further economic turbulence during talks with world leaders in New York. (9/26/2008)
Views: 98
In his New York Times column this morning, David Brooks announces that as a result of the financial crisis, a new center and a new establishment is emerging that will rule as a Benevolent Oligarchy over economic policy and will be comprised of Old Wise Men from Wall Street. Bankers are attempting to rule openly instead of doing so from the shadows. (9/24/2008)
Views: 98
German Chancellor Angela Merkel sent a clear “I told you so!” to the United States and Britain at the weekend, criticising them in unusually frank terms for resisting measures that might have contained the current financial crisis. The conservative leader of Europe’s largest economy reminded her partners that she had pushed for steps to boost the transparency of hedge funds during Germany’s presidency of the Group of Eight last year. ”We got things moving, but we didn’t get enough support, especially in the United States and Britain,” she told the Muenchner Merkur newspaper. (9/23/2008)
Views: 98
In a letter to the editor of the Boston Globe, the son of radical socialist community organizer Saul Alinsky praised Barack Obama for stirring up the masses at the Democratic National Convention Saul Alinsky style, saying, 'Obama learned his lesson well.' Saul Alinsky was a social revolutionist who advocated going beyond leftist approaches to the point of stirring mass organizations of Have-nots that would rise up and seize power from the Haves. Alinsky's radical methods were often controversial, as were his words, such as the dedication of his book 'Rules for Radicals': To the first radical known to man who rebelled against the establishment and did it so effectively that he at least won his own kingdom – Lucifer. (9/13/2008)
Views: 98
The Dutch intelligence service, the AIVD, has called off an operation aimed at infiltrating and sabotaging Iran's weapons industry due to an assessment that a US attack on the Islamic Republic's nuclear program is imminent, according to a report in the country's De Telegraaf newspaper on Friday. (9/1/2008)
Views: 98
A new Cold War between Russia and the West grew steadily closer yesterday after the Kremlin gave a warning about “direct confrontation” between American and Russian warships in the Black Sea. (8/27/2008)
Views: 98
An appeals court in California has ruled that state law does permit homeschooling "as a species of private school education" but that statutory permission for parents to teach their own children could be "overridden in order to protect the safety of a child who has been declared dependent."
(8/8/2008)
Views: 98
Air fares are expected to rise dramatically after it emerged that 60m seats will be cut in the run-up to Christmas.
(8/7/2008)
Views: 98
As new figures reveal the massive increase in multiple abortions, a mother tells of their devastating legacy (7/16/2008)
Views: 98
Over the past five months Michelle Obama has basked in some of the most flattering reviews ever earned by an American first lady. Yet the first stirrings of discontent are beginning to surface as President Barack Obama’s wife emerges from her newly installed White House vegetable garden in search of a meatier political role. (6/29/2009)
Views: 97
Rep. Ron Paul has introduced the Parental Consent Act to protect families from mandatory mental health screening -- a thinly-veiled attempt by Big Pharma to drug expectant mothers and new moms with dangerous psychiatric drugs. (5/3/2009)
Views: 97
Redundancy plans have caused violent protests in private sector companies, left-wing students have blocked universities and unions are planning a demonstration on Labour Day. “There is a risk of revolution,” Dominique de Villepin, the former prime minister, said. (4/24/2009)
Views: 97
President Barack Obama spoke of seeing glimmers of hope in the economic outlook for the first time since the current downturn began, while Federal Reserve chairman Ben Bernanke said he was witnessing tentative signs that the sharp decline in economic activity may be slowing. (4/14/2009)
Views: 97
It looks like Monopoly money, but the colorful currency created by collaborators in the western Massachusetts town of Great Barrington is legal tender. (4/9/2009)
Views: 97
Russia and China are coordinating proposals on a new global currency that could replace the US dollar as a reserve currency to prevent a repeat of the global economic crisis, the Kremlin said on Monday. (3/31/2009)
Views: 97
Ministers led by Peter Mandelson are considering a power grab at the independent company at the centre of UK's internet infrastructure, The Register can reveal. Mandelson's Department for Business, Enterprise and Regulatory Reform (BERR) has asked Nominet, which is in charge of the .co.uk registry, to justify its independence from Whitehall. (11/1/2008)
Views: 97
Yesterday, a highly placed source in Moscow was reported as saying the Kremlin intends to turn off the oil export pipeline to the EU on Monday, so great is Russian ire about the rhetoric in Brussels and warships in the Black Sea. If this is true, we are entering a whole new ball game in what has come to be called energy security. Even if the report proves false, the west should be on red alert about energy export weaponry. (8/30/2008)
Views: 97
Integrity Bank, with $1.1 billion in assets and $974 million in deposits, was shuttered by the Georgia Department of Banking and Finance and the Federal Deposit Insurance Corp. Regions Financial Corp., Alabama's biggest bank, will assume all deposits from Integrity, which was run by Integrity Bancshares Inc. The failed bank's five offices will open on Sept. 2 as branches of Regions, the FDIC said. (8/29/2008)
Views: 97
The financial crisis will probably not end until next year or even 2010, Germany's Handelsblatt newspaper quoted Morgan Stanley co-President Walid Chammah as saying in a preview of its Monday edition. Chammah also expected more banks to fall victim to the crisis, the paper said. (8/18/2008)
Views: 97
Buried deep within the bill, and not mentioned in any MSM source that I am aware of, is the provision that every credit card transaction will now be reported to the IRS. How this fits into the housing crisis is anyone's guess.
(8/13/2008)
Views: 97 - User Comments: 0 - Five children taken into state custody by police in Germany will remain under supervision of government agents because their parents provide homeschool education, according to the Home School Legal Defense Association.
(8/7/2008)
Views: 97
Scientists have detected a spike in underground rumblings on a section of California's San Andreas Fault that produced a magnitude-7.8 earthquake in 1857. (7/9/2009)
Views: 96
Last month the Christian Children's Fund announced it is adopting a new strategy to continue its work in aiding the world's impoverished children. Along with the new strategy comes a name change -- specifically, removal of the word Christian from its title.
The new name, ChildFund International, was approved at the Christian Children's Fund (CCF) Board of Director's meeting on April 21 and will take effect July 1. As AlertNet.org reports, CCF hopes to continue easing the burden of poverty for children and their families under the new, globally unified branding. (5/11/2009)
Views: 96
A British hacker has shown how easy it is to clone US passport cards that use RFID by conducting a drive-by test on the streets of San Francisco.
Chris Paget, director of research and development at Seattle-based IOActive, used a US$250 Motorola RFID reader and an antenna mounted in a car’s side window and drove for 20 minutes around San Francisco, with a colleague videoing the demonstration.
During the demonstration he picked up the details of two US passport cards, which are fitted with RFID chips and can be used instead of traditional passports for travel to Canada, Mexico and the Caribbean.
“I personally believe that RFID is very unsuitable for tagging people,” he said.
“I don’t believe we should have any kind of identity document with RFID tags in them. My ultimate goal here would be, my dream for this research, would be to see the entire Western Hemisphere Travel Initiative be scrapped.”
Read full article (2/5/2009)
Views: 96 - User Comments: 0 - Russia was rocked today by some of its strongest protests yet as thousands rallied across the vast country to attack the Kremlin's response to the global economic crisis.
The marches, complete with Soviet-style red flags and banners, pose a challenge to a government which has faced little threat from the fragmented opposition and politically apathetic population during the boom years fuelled by oil. (2/1/2009)
Views: 96
Powell and the PIC will hold a joint press conference at 12:15 pm ET at the Mayflower hotel in Washington, D.C. A statement from the Obama transition team said Powell, who was said to be a contender for a Cabinet post under the new administration, will discuss President-elect Obama's call to national service. (1/9/2009)
Views: 96
On Tuesday, Hamas legislators marked the Christmas season by passing a Shari'a criminal code for the Palestinian Authority. Among other things, it legalizes crucifixion.
Hamas's endorsement of nailing enemies of Islam to crosses came at the same time it renewed its jihad. Here, too, Hamas wanted to make sure that Christians didn't feel neglected as its fighters launched missiles at Jewish day care centers and schools. So on Wednesday, Hamas lobbed a mortar shell at the Erez crossing point into Israel just as a group of Gazan Christians were standing on line waiting to travel to Bethlehem for Christmas. (12/31/2008)
Views: 96
Picture a highway gridlocked by 41,815 abandoned trucks -- because Volvo's order book got destroyed to the tune of 99.63 percent, with customers signing up for just 155 vehicles in the three-month period, the Gothenburg, Sweden-based company said last week. (12/18/2008)
Views: 96
Dozens of young Somali men in the Minneapolis-St. Paul area have disappeared in recent months, causing community members and U.S. intelligence officials to fear that they are joining jihadist groups in Somalia.
Officials are especially concerned that some of the men may be destined to return to the U.S. after they have received terrorist training.
The missing young men have been the focus of some attention since late October, when Shirwa Ahmed, a naturalized U.S. citizen, died in a suicide bombing in northern Somalia. Ahmed was a 1999 graduate of Minneapolis's Roosevelt High School. (12/4/2008)
Views: 96
Britain is considering joining the eurozone as a direct consequence of global financial turmoil, European Commission President Jose Manuel Barroso said Sunday. We are now closer than ever before. I'm not going to break the confidentiality of certain conversations, but some British politicians have already told me: 'If we had the euro, we would have been better off. (11/30/2008)
Views: 96
While the G20 summit is almost certain not to create a new Bretton Woods system overnight, countries led by Britain and France want an enhanced role for the International Monetary Fund, to improve surveillance of complex financial markets and help prevent such excesses building up in future. They also favour increased funding for the IMF. (11/15/2008)
Views: 96
The financial crisis that has been sweeping the globe has reshaped nearly every corner of the economy, but no industry has been altered more radically than banking. Several of the nation's biggest banks have failed or been absorbed by healthier institutions, leaving three giant superbanks with an unprecedented concentration of market power: Bank of America, JPMorgan Chase and Wells Fargo. (11/10/2008)
Views: 96
Anxious British savers seeking to take advantage of the blanket guarantee on deposits offered by the German Government may be disappointed. Even if it eventually turns out that foreign depositors are covered by the guarantee, UK savers would have to clear some pretty formidable hurdles before they can open a German bank or savings account. (10/8/2008)
Views: 96
Gov. Timothy Kaine of Virginia has affirmed his support for a new statewide policy under which state troopers serving as chaplains will not be allowed to pray in Jesus name, explaining that he can pray without mentioning Jesus. I would never do anything to inhibit anybody's religious worship. It doesn't diminish my ability to worship my God, to pray to the Father or the Lord without mentioning Jesus Christ, he said. (10/4/2008)
Views: 96
France heaped pressure on Gordon Brown last night by floating an ambitious plan for a ¤300 billion (£237 billion) bailout fund to rescue crippled banks across Europe. As the world held its breath on the fate of America’s $700 billion bank bailout plan, President Sarkozy was seeking the backing of European leaders for his own lifeboat. (10/1/2008)
Views: 96
Mr. Chavez recently banned the activity of Christian missionaries in his country, accusing them of spying for America. Instead, Shiite imams are indoctrinating a growing number of indigenous Venezuelans. Intelligence sources tell me that newly converted Muslim recruits from Venezuela are receiving military training from Hezbollah in southern Lebanon. A Western source recently spoke to the Los Angeles Times of a strategic partnership between Iran and Venezuela, saying Hezbollah is moving people and things into the Americas. (9/15/2008)
Views: 96
Supreme Court Justice Clarence Thomas said Tuesday that African-Americans are better served by colorblind programs than affirmative action. (9/9/2008)
Views: 96
The argument for embryonic stem cells as the potential solution for a vast array of human diseases has taken another significant hit with the successful testing of an adult cell that can match tissues in the heart, lung, liver, pancreas, blood vessels, brain, muscle, bone and fat. (8/22/2008)
Views: 96
China has made headlines in its efforts to clean smog from Beijing's Olympic skies, but word is leaking out that the government is also making efforts to clean Christians out of the streets as the games draw near. (8/5/2008)
Views: 96
The global food crisis won't go away any time soon. Capitalism has the average consumer by the belly. Amid growing signs of famine and outrage, the entire chain of commodities and resources of the world are now being cornered by giant corporations. (8/4/2008)
Views: 96
In a recent paper published in Nature Geoscience, the geophysicist Mioara MANDEA and her Danish colleague Nils OLSEN, have shown that motions in the fluid in the Earth’s core are changing surprisingly fast, and that this, in turn, effects the magnetic field of our Planet. (7/8/2008)
Views: 96
US lurching towards 'debt explosion' with long-term interest rates on course to double (7/6/2009)
Views: 95
Supreme Court Justice Ruth Bader Ginsburg on Monday delayed Chrysler's sale of most of its assets to a group led by Italy's Fiat, but didn't say how long the deal will remain on hold. (6/8/2009)
Views: 95
Bill Gross, founder of Pacific Investment Management Co., advised holders of U.S. dollars to diversify before central banks and sovereign wealth funds ultimately do the same amid concern about surging deficits.
The U.S.’s fortune-producing capabilities seem to be declining, which might suggest that its relative standard of living is doing so as well, Gross wrote in his June investment outlook posted today on the Newport Beach, California-based firm’s Web site. If so, the implications are serious. (6/3/2009)
Views: 95
The government has announced plans to make sex education compulsory for pupils aged five to 11, dividing faith groups and safer sex campaigners. (4/29/2009)
Views: 95
Moody's and Standard & Poor's are reviewing the UK's rating in light of the Chancellor's revelation in the Budget that national debt will reach £1.4 trillion over the next five years. Spain, Ireland, Greece and Portugal have already been downgraded. (4/24/2009)
Views: 95
The top executive of General Electric Co. said Wednesday he couldn't predict when the recession would end or how bad it will be, but said the global economic crisis has fundamentally reset the way companies do business and capitalism itself. (4/22/2009)
Views: 95
Hungary is teetering on the edge of bankruptcy with its citizens struggling to pay off mortages and personal loans taken out in foreign currency during one of the post-Communist era's most exhuberant booms. (2/27/2009)
Views: 95
Violence from Mexican drug cartels has spilled over into Texas, state Homeland Security Director Steve McCraw said Monday. (2/24/2009)
Views: 95
Unemployment is mounting around the world as big international companies, including Boeing, Starbucks, ConocoPhillips, GKN, in Britain, and SAP, of Germany, rush to cut costs.
The jobs scythe, which could put 50 million people out of work worldwide, according to the International Labour Organisation (ILO), is reaching beyond the financial sector and into every corner of the global economy. (2/17/2009)
Views: 95
A recent article published in the China Business News sent yet another warning shot in the direction of the United States. The article would not have seen the light of day had it not been approved for publication by the Chinese government. The author, Xiang Songruo, a professor at Central China University, said that America must repay its debts and lead a more frugal life. (1/18/2009)
Views: 95
The German economy is on the brink of the abyss, says the IMK institute in Dusseldorf. The country's GDP could contract by 3.5pc next year... We are reaching depression levels here. (12/23/2008)
Views: 95
Last weekend, that heroically diligent US meteorologist Anthony Watts noticed that something very odd had happened to the daily updated graph on the official Nansen website that shows how much sea-ice there is in the Arctic. Without explanation, as he reported on his Watts Up With That website, half a million square kilometres of ice simply vanished overnight. (12/21/2008)
Views: 95
One can criticize the Federal Reserve for a number of its actions in this 2007-2008 credit crisis, but it has not lacked for creativity. The most recent possibility that is being broached would be the sale of its own debt, in order to raise money so it can continue to support troubled credit markets, which are basically stuck. (12/11/2008)
Views: 95
It is a world of encrypted laptops, unmarked mail and the briefest stops in multiple hotels. Accusations by US prosecutors this week shed a fascinating light on the allegedly cloak-and-dagger world of UBS, Switzerland's biggest bank. A grand jury in Florida has charged one of UBS's top executives, Raoul Weil, with helping 17,000 Americans to avoid tax by safeguarding their money in secret Swiss bank accounts. (11/15/2008)
Views: 95
From the people that brought you GE Capital’s participation in the Temporary Liquidity Guarantee Program - FDIC is now insuring 'Stored Value Cards'. (11/14/2008)
Views: 95
Derivatives at the heart of the crisis, catastrophic losses are inevitable, financial system headed for oblivion, the new world disorder, EU doomed, Credit Default Swaps at the heart of the problem, Plunge Protection Team history, coverups for globalization failures, Bloodbath for the Yen... The heart of the current crisis is the quadrillion plus derivative market. (10/13/2008)
Views: 95
A stronger-than-expected Senate vote Wednesday night gives the White House new confidence that it has turned the corner and can win final approval from Congress Friday of Treasury’s $700 billion rescue plan for the financial markets. (10/1/2008)
Views: 95
The market was 500 trades away from Armageddon on Thursday, traders inside two large custodial banks tell The Post. Had the Treasury and Fed not quickly stepped into the fray that morning with a quick $105 billion injection of liquidity, the Dow could have collapsed to the 8,300-level - a 22 percent decline! - while the clang of the opening bell was still echoing around the cavernous exchange floor. According to traders, who spoke on the condition of anonymity, money market funds were inundated with $500 billion in sell orders prior to the opening. The total money-market capitalization was roughly $4 trillion that morning. (9/21/2008)
Views: 95
(9/19/2008)
Views: 95 - User Comments: 0 - “Train-wreck” doesn't even begin to describe what is starting to happen to the U.S. today with the financial crisis, an onrushing depression, and the failure of George W. Bush's war policy as he is faced down by Iran and the Russian bear. (9/16/2008)
Views: 95
The ripples from a short and brutal war in the Caucasus spread out to encompass the Middle East yesterday, when the Syrian president rekindled a strategic alliance with Moscow that had been neglected since the Cold War. (9/5/2008)
Views: 95
So the recent events in Georgia involving Russian troops sent shock waves all the way down Chicago's Michigan Avenue to Obama headquarters. He decided to call in one of the Senate's top foreign policy experts to counter another of the Senate's top foreign policy experts. Sen. Barack Obama, the Democrats' about-to-be presidential nominee, has chosen a fellow senator, Joe Biden of Delaware, as his about-to-be running mate for the Nov. 4 general election. (8/23/2008)
Views: 95
A Wall Street Journal columnist has advised people to "start stockpiling food" and an ABC News Report says "there are worrying signs appearing in the United States where some … locals are beginning to hoard supplies." Now there's concern that the U.S. government may be competing with consumers for stocks of storable food.
(8/4/2008)
Views: 95
A 19 year old factory worker in Indonesia has died of bird flu in a hospital just west of the capital, Jakarta, bringing the country's death toll from the virus to 112 people. (8/4/2008)
Views: 95
A leading Russian political analyst has said the economic turmoil in the United States has confirmed his long-held view that the country is heading for collapse, and will divide into separate parts. (8/1/2008)
Views: 95
On Friday, July 10th, Alaska Governor Sarah Palin signed House Joint Resolution 27 (HJR27), sponsored by State Rep. Mike Kelly. The resolution “claims sovereignty for the state under the Tenth Amendment to the Constitution of the United States over all powers not otherwise enumerated and granted to the federal government by the Constitution of the United States.” (7/19/2009)
Views: 94
The Pentagon has removed a controversial question from its anti-terrorism training exam that labeled “protests” a form of “low-level terrorism,” calling the question “poorly worded.” (6/18/2009)
Views: 94
With the unemployment rate in South Florida rising, Miami Fire Rescue was inundated with hundreds of applications for only a few positions.
Hector Mirabile, the director of employee relations at the City of Miami offered a harsh reality of the job application process. There are 35 openings that we have, he said. We will accept 750 qualified applications who will compete for those 35 positions. (2/3/2009)
Views: 94
Guy Ryder, the general secretary of the International Trade Union Confederation (ITUC), said that the current financial turmoil had triggered a social timebomb that would lead to deepening civil unrest and soaring crime. (1/29/2009)
Views: 94
There was a very strange announcement made recently in the form of a press release posted on the Dow Jones & Company’s Market Watch website dated December 12, 2008, that bears mentioning, if for no other reason, because it reads like something from a supermarket tabloid. The article in question titled, Share International Reveals Christmas Miracle, advises readers to prepare for a coming miracle that all of us will see in the sky shortly before the “emergence of Maitreya and his group, the Masters of Wisdom.” (12/22/2008)
Views: 94
An export slowdown amidst the global financial crisis has contributed to the shutdown of at least 67,000 factories across China in the first half of 2008. The social problems arising from the slowdown have stirred anxiety in China's government, which has unveiled a $586 billion stimulus package to help create jobs, mostly by building transportation infrastructure.
Due to the mass layoffs, many migrant workers are heading home early for the Chinese New Year, in late January. Many of the 7,000 workers who lost their jobs when a Hong Kong-owned toy factory called Smart Union shut down last month have returned home. Many such factories were run by Taiwanese or Hong Kong managers who fled the mainland.
- Looking back in history, the sudden closure of the Smart Union toy factory leading to 7000 job losses, together with the plunge in global stock markets in the Oct 2008 period, would probably mark the point at which the global economic collapse started, kicking off the Second Great Depression. (12/18/2008)
Views: 94
The California secretary of state should refuse to allow the state's 55 Electoral College votes to be cast in the 2008 presidential election until President-elect Barack Obama verifies his eligibility to hold the office, alleges a California court petition filed on behalf of former presidential candidate Alan Keyes and others. (11/15/2008)
Views: 94
Rep. Rahm Emanuel of Illinois, President-Elect Barack Obama's choice for chief of staff in his incoming administration, is co-author of a book, The Plan: Big Ideas for America, that calls for, among other things, compulsory service for all Americans ages 18 to 25. The following excerpt is from pages 61-62 of the 2006 book:
It's time for a real Patriot Act that brings out the patriot in all of us. We propose universal civilian service for every young American. Under this plan, All Americans between the ages of eighteen and twenty-five will be asked to serve their country by going through three months of basic training, civil defense preparation and community service. ...
Here's how it would work. Young people will know that between the ages of eighteen and twenty-five, the nation will enlist them for three months of civilian service. They'll be asked to report for three months of basic civil defense training in their state or community, where they will learn what to do in the event of biochemical, nuclear or conventional attack; how to assist others in an evacuation; how to respond when a levee breaks or we're hit by a natural disaster. These young people will be available to address their communities' most pressing needs. (11/8/2008)
Views: 94
Law suit filed in Hawaii (11/3/2008)
Views: 94
Syria's state-run television and witnesses say U.S. military helicopters have attacked an area along the country's border with Iraq, causing casualties. Local residents told The Associated Press by telephone that two helicopters carrying U.S. soldiers raided the village of Hwijeh, 10 miles inside Syria's border, killing seven people and wounding five. (10/26/2008)
Views: 94
Iranian leaders say the world financial crisis indicates the end of capitalism, the failure of liberal democracy and divine punishment -- marking the superiority of the Islamic republic's political model. (10/15/2008)
Views: 94
Germany shattered any semblance of European unity on the global credit crisis last night by announcing that it was ready to guarantee €568 billion of personal savings in domestic accounts. The move – which came as Berlin announced a new rescue package for an ailing mortgage bank – is sure to anger France, which, holding the European Union presidency, tried to create the illusion of a common front at a weekend summit in Paris. Instead, the message coming loud and clear from Berlin is that it is every man for himself. (10/5/2008)
Views: 94
For the first time since 9/11, counterterrorism field agents have been authorized to spy on young Muslim men and women – including American citizens – who have traveled to Pakistan without any specific evidence of wrongdoing. A coast-to-coast dragnet has been launched partly in response to leads developed in the arrest of one of al-Qaida's fixers in the U.S., say FBI officials. They report the bureau is in a race against time to identify Pakistan-trained sleeper cells and disrupt a possible pre-election October surprise. (9/29/2008)
Views: 94
Very broad powers outlined. Financial institutions become agents of the federal government. Specific prohibition against reviewing actions of Treasury Department and against being subject to any court of law. (9/21/2008)
Views: 94
In the aftermath of last month's war between Russia and U.S.-backed Georgia, Kremlin-watchers in Moscow are worried that Russia and America are closer to direct confrontation than at any point since the end of the Cold War. During the Cold War, the sides were very careful of each other. They were careful not to come too close, said Alexander Pikayev, a prominent military analyst in Moscow who works for a government-funded research center. The risk of direct military clashes is (now) much higher. . . . This situation is much riskier than the Cold War. (9/7/2008)
Views: 94
Britain today called on the EU to suspend talks on closer ties with Russia in protest at its invasion of Georgia. In light of Russia's actions we should suspend negotiations on a successor to the partnership and cooperation agreement, said a spokesman for the prime minister, Gordon Brown. (9/2/2008)
Views: 94
Iran has warned it is ready to shut down the shipping lanes of the Gulf as it boasted of a new missile system designed to "prolong" war at sea. (8/4/2008)
Views: 94
After a week at camp, the kids were supposed to come home more understanding, but they also returned as burgeoning political activists. (7/27/2009)
Views: 93
Various Levels of Alert Signify the Threat of Novel Viruses (4/27/2009)
Views: 93
Nine families have filed a lawsuit against Minnesota's health department over its practice of collecting DNA from newborns and then keeping and using the private information.
The announcement was made by the Citizens' Council on Health Care, which said the department has been violating the state's 2006 genetic privacy law by collecting, storing, using and disseminating blood samples and DNA information. (4/24/2009)
Views: 93
The United States today formally endorsed a UN statement calling for the worldwide decriminalisation of homosexuality, a measure that former president George W Bush had refused to sign. (3/19/2009)
Views: 93
An Ohio Holiday Inn will allow a sadomasochism sex-fest this weekend, but the property will be closed to other travelers, and extra security guards will accommodate participants in the Winter Wickedness event, officials have confirmed. (2/7/2009)
Views: 93
While the nomination of Treasury Secretary Timothy Geithner generated plenty of heat because of his failure to pay income taxes for five years, almost unnoticed amid the controversy is the fact that he presided over the failure of some of the largest banking institutions in the world – institutions he was charged with overseeing and regulating as head of the New York region of the Federal Reserve Bank. (1/30/2009)
Views: 93
A call to utilize the current global economic crisis as a panic in which governments worldwide can move to nationalize banks is emerging from the 2009 World Economic Forum in Davos, Switzerland. (1/29/2009)
Views: 93
An Ohio family whose members have served their friends and neighbors with food cooperative services involving bulk and discount supplies has been targeted in a raid by armed law enforcement officers wearing black fatigues who forcibly rounded up the mom and 10 children and held them for six hours. (12/19/2008)
Views: 93
The Federal Reserve on Monday evening granted a request by American Express to become a bank holding company, giving it access to low-cost financing from the Fed. (11/10/2008)
Views: 93
Former Soviet leader Mikhail Gorbachev has said that the Obama administration in the United States needs far-reaching 'perestroika' reforms to overcome the financial crisis and restore balance in the world. The term perestroika, meaning restructuring, was used by Gorbachev in the late 1980s to describe a series of reforms that abolished state planning in the Soviet Union. (11/10/2008)
Views: 93
The financial crisis spreading like wildfire across the former Soviet bloc threatens to set off a second and more dangerous banking crisis in Western Europe, tipping the whole Continent into a fully-fledged economic slump. Currency pegs are being tested to destruction on the fringes of Europe’s monetary union in a traumatic upheaval that recalls the collapse of the Exchange Rate Mechanism in 1992. “This is the biggest currency crisis the world has ever seen,” said Neil Mellor, a strategist at Bank of New York Mellon. (10/27/2008)
Views: 93
The U.S. Federal Deposit Insurance Corp. said its ``problem list'' of banks increased 30 percent in the second quarter to the highest total in five years as more commercial real-estate loans were overdue. The list had 117 banks as of June 30, up from 90 in the first quarter and the highest since mid-2003, the agency said today in its quarterly report without naming any institutions. (8/27/2008)
Views: 93
Seventy-five years after it was launched during the Great Depression, the bank regulator and insurer is facing its biggest challenge in decades. Many banks in Georgia and across the nation have been battered by the slumping economy and troubled loans to home builders, developers and homeowners. Hundreds could fail, some industry experts predict. That could force the agency to make good on its promise to insure most customers' checking and savings deposits up to $100,000 and some retirement accounts up to $250,000, putting pressure on its insurance fund. (8/25/2008)
Views: 93
Nearly 600,000 people never convicted of any crime now have their details stored on Labour’s DNA database, shock figures reveal. More than 400,000 of those were added in the past two years, further fuelling the belief that the Government is building a genetic record of the entire population by stealth. (8/18/2008)
Views: 93
A First-Hand Report By An American In Russia. This article was written by a retired Lt.-Col. in the U.S. military, who is currently residing in Russia. His article here helps clear up much of the misinformation people have been fed by the sadistic folks in Washington who are trying to promote WWIII. (8/18/2008)
Views: 93
Russia threatened to deploy bombers and short-range missiles on the Polish border if Warsaw agrees to host elements of a US missile defence shield on its territory. (8/7/2008)
Views: 93
More than a dozen Christians in Saudi Arabia who were accused by government officials of worshipping in their homes have been ordered deported.
(8/4/2008)
Views: 93
First it was Citibank. Now it's Barclay's and New York City's Chrysler Building skyscraper. Muslim Arabs are buying out collapsing Western banks and businesses and gaining growing international power, but some Arab investors are worried their investments may go down the drain with the American economy.
(7/27/2008)
Views: 93
President Bush dropped his opposition Wednesday to legislation aiming to calm the chaotic housing market despite his objections to a $3.9 billion provision. The House was expected to vote on the bill Wednesday, and it could become law as early as this week... As of Tuesday, the national debt that counts toward the limit stood at about $9.5 trillion, roughly $360 billion below the statutory ceiling. (7/23/2008)
Views: 93
Relentlessly rising unemployment is triggering more home foreclosures, threatening the Obama administration's efforts to end the housing crisis and diminishing hopes the economy will rebound with vigor. (7/17/2009)
Views: 92
China may press for the sale of the entire gold reserves of the International Monetary Fund (IMF) to raise money for the least developed countries. (4/16/2009)
Views: 92
US industrial companies such as Eastman Kodak, media firms such as Univision Communications and carmakers including Ford and General Motors have a 45% chance of going bust in the next 12 months, according to a report published today.
In a new Bottom Rung list, credit ratings agency Moody's names 283 American companies that it says may file for insolvency in the medium term. (3/12/2009)
Views: 92
So how much will President Barack Obama's budget cost us? The projected 2010 budget of $3.552 trillion can be found on page 114 of the New Era of Responsibility budget here.
The US Census bureau estimates that the current US population is 304,059,724. Dividing the $3.552 trillion by that gives us close to the $11,833 that Drudge came up with. ABC's Jake Tapper reports that there wil be $989 billion in new taxes over the next decade.
I'm an American taxpayer and the starkest figure is what this could cost me. The latest figure I could find for the number of US taxpayers is 138,893,908 returns in 2007 here. By my reckoning, that's $25, 573.48 each. (2/26/2009)
Views: 92
The White House on Friday insisted it's not trying to take over two ailing financial institutions, even as stocks tumbled again.
On Wall Street, talk of nationalization of Citigroup Inc., and Bank of America Corp., prompted investors to continue to balk, worried that the government would have to take control and wipe out shareholders in the process. Citigroup fell 20 percent, while Bank of America fell 12 percent in afternoon trading but also came off their lowest levels. (2/20/2009)
Views: 92
Fears are growing that Ireland could default on its national debt after the cost to insure against possible losses on loans to the country rose to record highs at the end of last week. (2/16/2009)
Views: 92
South Carolina lawmakers have delayed voting on whether to charge obese public employees higher premiums in the state health insurance plan.
A Senate Finance subcommittee delayed its vote Tuesday. Republican Sen. Greg Ryberg of Aiken said he would be willing to rewrite his bill as a way to reward healthy residents rather than punish overweight workers. (2/11/2009)
Views: 92
The indicators were so bad that analysts have described it as the day the perfect storm came ashore. (1/30/2009)
Views: 92
A public policy organization has issued an urgent alert stating affirmative votes are needed from only two more states before a Constitutional Convention could be assembled in which today's corrupt politicians and judges could formally change the U.S. Constitution's 'problematic' provisions to reflect the philosophical and social mores of our contemporary society. (12/12/2008)
Views: 92
The calls for President-elect Barack Obama to move quickly on health care reform will strengthen Wednesday with a call from the head of the powerful Senate Finance Committee, Sen. Max Baucus (D-Mont). Baucus will unveil a white paper report titled Call to Action: Health Reform 2009 at a Washington news conference. The package will recommend policy changes in numerous areas as a means of achieving a goal of affordable, accessible health care for every single American, Baucus' office said Tuesday. (11/12/2008)
Views: 92
Gordon Brown said today he was hopeful of success in his attempts to persuade dollar-rich Gulf states to prop up ailing national economies through a massive injection of capital into the International Monetary Fund (IMF). The prime minister spent three hours in one-to-one talks with Saudi Arabia's King Abdullah, trying to persuade the monarch to invest in a revamped IMF. (11/2/2008)
Views: 92
Former members of Kenyan opposition leader Raila Odinga's Orange Democratic Movement party have told WND when Democratic presidential candidate Barack Obama visited Kenya on a fact-finding trip in 2006, he was carrying out part of a secret election strategy that also included exploiting divisive tribal tensions and ultimately taking advantage of rioting that left 1,000 dead. (10/16/2008)
Views: 92
Seven trillion dollars of wealth has been vaporized in US Stocks in the last seven days alone, with five of it since the passage of that ill-designed and foolhardy bailout bill. The selloff this afternoon is the real deal. It was not caused by the stock market getting mad, it was caused by the short-term credit market along with the Treasury market suddenly dislocating at a few minutes before the bond pit closed at 2:00 PM. Worse is also the fact that institutional lending has essentially disappeared - both between banks and now it is choking off commercial short-term credit across the board. It doesn't get any more serious than this. To repeat: short-term commercial credit is threatening to completely disappear from the American scene. (10/13/2008)
Views: 92
Two Ohio voters, including Domino's pizza worker Christopher Barkley , claimed yesterday that they were hounded by the community-activist group ACORN to register to vote several times, even though they made it clear they'd already signed up. Barkley estimated he'd registered to vote 10 to 15 times after canvassers for ACORN relentlessly pursued him and others. A third subpoenaed voter, Freddie Johnson, 19, filled out registration cards 72 times over 18 months, officials said. (10/9/2008)
Views: 92
LaRouche 'Tragedy & Hope' address in Washington D.C. on May 7, 2008. LaRouche talked about Obama getting the nomination and the evil mindset behind the Lisbon Treaty to create a British-European totalitarian superstate. The brilliant, but wicked and evil spirited occult New World Order masterplan is unfolding. The ultimate goal of globalization (or globalisation) through propaganda and rhetoric (War on Terror) and initiating chaos that will lead to depopulation (genocide).
(9/24/2008)
Views: 92 - User Comments: 1 - Treasury Secretary Henry Paulson's $700 billion plan to buy devalued assets from financial companies is 'a joke' because it doesn't go far enough to calm markets, said Kenichi Ohmae, president of Business Breakthrough Inc. Ohmae, nicknamed 'Mr. Strategy' during his 23 years as a McKinsey & Co. partner, called for a $5 trillion 'international facility' to be made available to financial institutions. The system could be modeled on one used by Sweden during its banking crisis in the early 1990s, he said. (9/24/2008)
Views: 92
Bank of America Corp., the biggest U.S. consumer bank, said credit weakness is spreading to commercial borrowers from residential customers and loan losses probably will deepen in the third quarter. Home builders unable to repay their loans are contributing to deterioration among commercial borrowers, said Brian Moynihan, head of the global corporate and investment banking unit, at a New York conference today. More than half the Charlotte, North Carolina-based bank's $13.4 billion in loans to builders are considered troubled, 19 percent are not paying interest and losses are likely to mount, Moynihan said. (9/11/2008)
Views: 92
Polish intelligence sources have for the first time confirmed that the US Central Intelligence Agency (CIA) ran a secret prison facility on Polish soil. The admission comes after a report found the CIA had operated prisons for terror suspects in Poland and Romania. (9/7/2008)
Views: 92
Navy fears Hezbollah bringing drugs, weapons to United States.In 2006, we were tracking around three of these, said Navy Admiral James Stavridis, commander of U.S. Southern Command. In the year 2007, (the number) jumped to about 30. This year so far, in three months, we've seen about 30. (9/5/2008)
Views: 92
MSNBC and the Jewish Telegraphic Agency (JTA) are reporting that Gov. Palin met this afternoon with the board of directors of the America Israel Public Affairs Committee (AIPAC) and Sen. Joe Lieberman to, in the words of one McCain campaign official cited by MSNBC, put “the American Jewish community at ease over her understanding of US-Middle East relations.” “I think it speaks volumes that she keeps an Israeli flag on the wall of her office,” RJC’s executive director, Matt Brooks, told Politico in an e-mail. (9/3/2008)
Views: 92
Ukraine inflamed mounting East-West tensions yesterday by offering up a Soviet-built satellite facility as part of the European missile defence system. (8/18/2008)
Views: 92
Merrill Lynch & Co. said it will offer to buy back about $10 billion in auction-rate securities from retail clients after Citigroup Inc. agreed to take similar steps under a settlement with U.S. and state regulators. "Our clients have been caught in an unprecedented liquidity crisis,'' Chief Executive Officer John Thain said in the statement. ``We are solving it by giving them the option of selling their positions to us.'' Regulators have been probing how banks and Wall Street firms sold auction-rate securities before the $330 billion market collapsed in February. (8/8/2008)
Views: 92
Senior Chinese leaders have privately voiced fear over the soaring US budget deficit and are increasingly looking to diversify from the dollar, a Republican congressman said. (6/9/2009)
Views: 91
The first round of Toledo police layoffs, in which 75 officers were let go, may already be having an affect on gun ownership. (5/27/2009)
Views: 91
The British economy sank deeper into deflation last month to the lowest level in more than 60 years as the effect of falling house prices and lower mortgage repayments escalated. (5/19/2009)
Views: 91
The American Family Association is now sponsoring Independence Day tea parties in more than 640 U.S. cities in all 50 states.
According to a Zogby poll commissioned by the O'Leary Report that was released April 28, the survey of 3,937 voters in the last election shows a full 57.1 percent of respondents somewhat or strongly support beliefs of tea party organizers, while 39.3 percent somewhat or strongly opposed them. (5/12/2009)
Views: 91
A clutch of political and labour leaders in Germany have raised the spectre of civil unrest after the country's leading institutes forecast a 6pc contraction of gross domestic product this year, a slump reminiscent of 1931 and bad enough to drive unemployment to 4.7m by 2010. (4/24/2009)
Views: 91
An ammunition manufacturer and a non-profit group are teaming up in a unique venture to help address both the short supply of commercial ammo and the need to alert Americans about the threat of radical Islam. (3/30/2009)
Views: 91
Federal Deposit Insurance Corp. Chairman Sheila Bair said the deposit insurance fund could dry up amid a surge in bank failures, as she responded to an industry outcry against new fees approved by the agency.
“Without these assessments, the deposit insurance fund could become insolvent this year,” Bair wrote in a March 2 letter to the industry. (3/4/2009)
Views: 91
Hundreds of panicked savers on Wednesday rushed to withdraw their money from banks linked to Sir Allen Stanford, the Texan billionaire who has been charged by US securities regulators with “massive” investment fraud. (2/18/2009)
Views: 91
Britain is heading for economic depression for the first time since the 1930s, economists have warned.
Families must brace themselves for a slump of far greater severity and longevity than the recessions of the 1980s and 1990s, they warned. They said the current crisis will be of a scale to rival the biggest peace-time crisis in modern history — the Great Depression. (1/23/2009)
Views: 91
When the Federal Reserve policymakers decide on interest rates Tuesday, investors will probably look one step beyond their decision, to gauge how much money will the Fed be willing to print once it is out of rate ammunition.
Rates won't likely hit zero Tuesday, but this could be unavoidable in the near future, according to strategists and market experts.
Nobody really knows how these policies will work out, Stoeferle said. If it were another country, the U.S. should probably declare bankruptcy. (12/16/2008)
Views: 91
Russia's Communists expect the global financial crisis will cause social unrest and help them challenge for power, the party's leader said on Saturday. (11/30/2008)
Views: 91
Hamas held a meeting in the Gaza Strip several months ago with aides to President-elect Barack Obama, but the terror group was asked to keep the contacts secret until after last week's elections, according to a senior Hamas official. (11/11/2008)
Views: 91
More than 1,100 people have been slaughtered in a bloodbath of drug-related violence in one city just south of the U.S.-Mexico border this year – that's nearly four victims each day – and some say it is just part of a large crisis that is will soon spill over the border. The U.S. State Department issued a travel advisory for Americans who visit Mexico, citing Ciudad Juarez as a hotbed of criminal activity. Juarez is Mexico's deadliest narcotics-war zone with two criminal gangs fighting for power – over city streets and drug-smuggling routes into the United States. The State Department is warning U.S. citizens of escalating crime along the border, stating that 1,600 cars were stolen in Juarez in July alone. (10/16/2008)
Views: 91
Here is the third letter I promised you. In my earlier letters I've explained what happened and what's coming. Today, I want to answer the questions you've asked regarding what can I do to prepare myself and my family. (10/15/2008)
Views: 91
Ambrose Evans-Pritchard says it is ironic that European banks have turned out to be deeper in debt than their US counterparts. It turns out that European regulators have allowed even greater use of off-books chicanery than the Americans. Mr Paulson may have saved Europe. Most eyes are still on Washington, but the core danger is shifting across the Atlantic. Germany and Italy have been contracting since the spring, with France close behind. They are sliding into a deeper downturn than the US. (10/3/2008)
Views: 91
The “debate” taking place in Washington and the media is being carefully controlled. The Republican Bush Administration supports the plan and Congressional Democrats want to take it further. The Democrats want even more federal involvement in the firms that are being acquired. In other words, it is a question of how much socialism they want. The Democrats want more socialism; the Bush Republicans want slightly less. But it is still socialism. The liberal media are, of course, also trying to keep the American people in the dark about what is happening. The Washington Post deceptively calls it a “rescue plan.” (9/27/2008)
Views: 91
Defense strategists place their stakes on high-tech weapons. Nearly all superpowers of the world conduct their works in the development of such weapons. It transpired recently that Russian scientists developed a generator, the capacity of which is comparable to that of a nuclear unit. It is a genuine scientific breakthrough, and it is already clear that the defense industry will not be the only field where the new super device is going to be used. The devices generating such power – billions of watts – used to be very large in size before. This appliance has a very short impulse, which makes it possible to have it on a desk with the ability to generate electromagnetic impulses comparable to a huge water power plant. (9/7/2008)
Views: 91
Canada's prime minister on Sunday triggered an early election, dissolving Parliament in a bid to bolster his party's grip on power in a vote next month that will be the country's third national ballot in four years. (9/7/2008)
Views: 91
Condoleezza Rice will this week become the first US Secretary of State to visit Libya for more than half a century, in a move that appears to complete the former pariah state's transformation in its relations with the West. (9/4/2008)
Views: 91
A detailed proposal for the creation of a Palestinian state that reportedly was presented by Israel to the Palestinian Authority in recent weeks was heavily influenced by the U.S. and is largely based on an American-drafted plan, WND has learned. (8/12/2008)
Views: 91
Europe should consider sharing vast amounts of intelligence and information on its citizens with the US to establish a "Euro-Atlantic area of cooperation" to combat terrorism, according to a high-level confidential report on future security.
(8/7/2008)
Views: 91
A Nebraska state senator is moving forward with his controversial lawsuit against his maker, requesting "a permanent injunction ordering [God] to cease certain harmful activities and the making of terroristic threats."
(8/5/2008)
Views: 91
In five years' time, we could be living in a world where millions are dying in famines with no food aid to hand, regular storms and droughts wipe out acres of crops, and skyrocketing food prices have created global political panic, food experts say. (7/8/2008)
Views: 91
The number of Britons who have died after contracting swine flu has almost doubled in two days to 14, officials said yesterday. (7/10/2009)
Views: 90
The hate crimes plan pending in the Senate that has been dubbed the Pedophile Protection Act would break the U.S. Constitution if adopted and enforced, according to an Arizona congressman. (5/7/2009)
Views: 90
Hundreds of Brown students had asked the Providence, R.I. school to stop observing Columbus Day, saying Christopher Columbus's violent treatment of Native Americans he encountered was inconsistent with Brown's values. (4/8/2009)
Views: 90
This city is considering joining a rising number of others across the country that are imposing criminal penalties on kids who skip school to hang out at the mall or on local street corners. (3/26/2009)
Views: 90
A revolution is brewing as American patriots and free-market advocates unite in protest against out-of-control government spending – with a wildfire movement of more than 150 nationwide tea parties. (3/17/2009)
Views: 90
A net-neutrality activist group has uncovered plans for the demise of the free Internet by 2010 in Canada. By 2012, the group says, the trend will be global. Bell Canada and TELUS, Canada's two largest Internet service providers (ISPs), will begin charging per-site fees on most Internet sites, reports reliable sources within TELUS [2012 also coincides with the planned full launching of the so-called North American Union].
It's beyond censorship: it is killing the biggest ecosystem of free expression and freedom of speech that has ever existed, I Power spokesperson Reese Leysen said. (3/15/2009)
Views: 90
China should seek guarantees that its $682 billion holdings of U.S. government debt won’t be eroded by “reckless policies,” said Yu Yongding, a former adviser to the central bank.
The U.S. “should make the Chinese feel confident that the value of the assets at least will not be eroded in a significant way,” Yu, who now heads the World Economics and Politics Institute at the Chinese Academy of Social Sciences, said in response to e-mailed questions yesterday from Beijing. He declined to elaborate on the assurances needed by China, the biggest foreign holder of U.S. government debt. (2/27/2009)
Views: 90
Eastern Europe is about to blow. If it does, it could take much of the EU with it. It's an emergency situation but there are no easy solutions. The IMF doesn't have the resources for a bailout of this size and the recession is spreading faster than relief efforts can be organized. Finance ministers and central bankers are running in circles trying to put out one fire after another. Its only a matter of time before they are overtaken by events. If one country is allowed to default, the dominoes could begin to tumble through the whole region. This could trigger dramatic changes in the political landscape. The rise of fascism is no longer out of the question. (2/18/2009)
Views: 90
Massive deficits could force the post office to cut out one day of mail delivery, the postmaster general told Congress on Wednesday, in asking lawmakers to lift the requirement that the agency deliver mail six days a week. (1/28/2009)
Views: 90
The U.S. Supreme Court has turned aside a request to stop the Electoral College from selecting the 44th president, in a vote scheduled for Monday, until Barack Obama documents his eligibility for the office under the Constitution's requirement that presidents must be natural born citizens. 'I know that Mr. Obama is not a constitutionally qualified natural born citizen and is ineligible to assume the office of president of the United States,' Berg said in a statement on his ObamaCrimes.com website. (12/11/2008)
Views: 90
The full scope of the housing meltdown is not clear, and already there are ominous signs of a new crisis -- one that could turn out the lights on malls, hotels and storefronts nationwide. Even as the holiday shopping season begins in full swing, the same events poisoning the housing market are now at work on commercial properties, and the bad news is trickling in. Malls from Michigan to Georgia are entering foreclosure. Hotels in Tucson, Ariz., and Hilton Head, S.C., also are about to default on their mortgages. (12/5/2008)
Views: 90
What some are advocating... The world is heading for an ecological credit crunch far worse than the current financial crisis because humans are over-using the natural resources of the planet, an international study warns today. (10/30/2008)
Views: 90
Fearing a US strike on Iran during President George W. Bush's last months in office, a senior Iranian official has suggested the Islamic regime should target London to deter such an attack. (10/26/2008)
Views: 90
Sir David Pepper, the feisty director-general of GCHQ, Britain's Government Communications Headquarters, is planning to create the most intrusive ever surveillance system in Britain. He is the head of an 8,000-strong team, whose members spend their round-the-clock shifts listening to every conversation their computers can pick up. His proposal is to not only intercept the three billion e-mails a day sent in the UK, but extend the reach of its powerful computers into hundreds of thousands of targets in Europe: business firms, defense contractors and communications between diplomats. (10/9/2008)
Views: 90
In what Curry called a “dramatic statement,” Cramer emphatically urged any investor who has money they may need in the next five years tied to stocks to pull their dough out. “I thought about this all weekend,” Cramer told Curry. “I do not want to say these things on TV. “Whatever money you may need for the next five years, please take it out of the stock market right now, this week. I do not believe that you should risk those assets in the stock market right now.” The bank lending default crisis that put financial firms around the country on the brink of collapse could bring “as much as a 20 percent decrease in the stock market,” Cramer predicted.
(10/6/2008)
Views: 90 - User Comments: 1 - Former U.S. Treasury Secretary Paul O'Neill said the $700 billion bank-rescue proposal under negotiation in Washington is 'crazy,' with potentially 'awful' consequences for the world's largest economy. 'Doesn't this seem like lunacy to you?' said O'Neill, who was President George W. Bush's first Treasury chief, from 2001 to 2002, in a telephone interview today. 'The consequences of it are unbelievably bad in terms of public intrusion into the private sector.' (10/3/2008)
Views: 90
After 1st BCT finishes its dwell-time mission, expectations are that another, as yet unnamed, active-duty brigade will take over and that the mission will be a permanent one. The Times column also reported that the Army brigade may be called upon to help with civil unrest and crowd control . . . It seems that the Army's new domestic duties also include traffic control as well as subduing unruly or dangerous individuals. (10/1/2008)
Views: 90
They need about a half a trillion dollars in borrowing authority, and they need a vehicle to own these banks while we triage them and sell them. (8/29/2008)
Views: 90
The fact that a home on the city's east side was listed for $1 recently shows how depressed the real estate market has become in one of America's poorest big cities. And it still took 19 days to find a buyer. (8/13/2008)
Views: 90
http://www.un.org/apps/news/infocus/sgspeeches/statments_full.asp?statID=557 (8/12/2009)
Views: 89
Chloe Buckley, the six-year-old swine flu victim, died of septic shock following a bout of tonsillitis, it has emerged. (7/21/2009)
Views: 89
Our friends at The Patriot Depot just received a call from Rosemarie in Ball, Louisiana alerting Patriot Depot that her brother-in-law was stopped by small town Louisiana police and detained by the roadside for half an hour. A background check was conducted to determine whether he was a member of an “extremist” group. Why? Her brother-in-law (name not disclosed for privacy) had purchased and displayed a conservative “Don’t Tread on Me” bumper sticker on his car. (5/9/2009)
Views: 89
Miss California Carrie Prejean, who finished runner-up in the Miss USA pageant after affirming on air that marriage should be between a man and a woman, claims that her state sponsors urged her afterwards to apologize for the statement and keep quiet about her Christian faith. (4/28/2009)
Views: 89
A program to exchange guns for gifts has brought in a record number of weapons this year as residents hit hard by the economy look under the bed and in closets to find items to trade for groceries. (12/13/2008)
Views: 89
American teenagers lie, steal and cheat more at alarming rates, a study of nearly 30,000 high school students concluded Monday.
The attitudes and conduct of some 29,760 high school students across the United States doesn't bode well for the future when these youngsters become the next generation's politicians and parents, cops and corporate executives, and journalists and generals, the non-profit Josephson Institute said. (12/1/2008)
Views: 89
Arizona Supreme Court Chief Justice Ruth McGregor stirred up a hornet's nest by endorsing a demand from the Hispanic Bar Association to censor words and phrases such as illegal aliens and illegal immigrants and substitute foreign nationals in court documents. (11/8/2008)
Views: 89
Powerful generals and admirals from some of the most powerful nations on Earth are reportedly meeting somewhere in the local area this weekend after flying into the Adirondack Regional Airport in Lake Clear on Friday. (10/21/2008)
Views: 89
Under the martial law procedure, long-standing House rules that require at least one day between the unveiling of significant legislation and the House floor vote on that legislation so that Members can learn what they are being asked to vote on are swept away. (9/30/2008)
Views: 89
The U.S. Mint is temporarily halting sales of its popular American Buffalo 24-karat gold coins because it can't keep up with soaring demand as investors seek the safety of gold amid economic turbulence. Mint spokesman Michael White said Friday that the sales were being suspended because demand for the coins, which were first introduced in 2006, has exceeded supply and the Mint's inventory of the coins has been depleted. (9/26/2008)
Views: 89
(9/19/2008)
Views: 89 - User Comments: 0 - Israel's defence minister has warned of his country's readiness to act against Iran if it feels threatened. (7/11/2008)
Views: 89
Christians increasingly targeted in blogs for anti-homosexual positions. Some are advocating well organized acts of terrorism. (11/10/2009)
Views: 88
With the serious topic of abortion making headlines around the world and here at home, it is important to understand the position our President truly has on this topic. (5/18/2009)
Views: 88
US medical authorities expressed strong concern Friday about an unprecedented multi-strain swine flu outbreak that has killed at least 60 people in Mexico and infected seven people in the United States. (4/24/2009)
Views: 88
Gov. Pat Quinn confirmed Friday that he plans to raise taxes on some Illinois residents to combat deficits in a difficult state budget, and called for broader tax reform. (3/13/2009)
Views: 88
From 18 until 28 December there is a ten-day “Christmas Festival” for homosexuals, including a “gay X-mas open-air market”, gay nativity scenes – featuring Baby Jesus with either two Josephs or two Marys – several gay gatherings, a “pink ice skating rink” (for travestites), and streets lined with pink Christmas trees. (12/23/2008)
Views: 88
Vice President-Elect Joe Biden said the U.S. economy is in danger of absolutely tanking and will need a second stimulus package in the $600-billion to $700-billion range... The economy is in much worse shape than we thought it was in. (12/19/2008)
Views: 88
The biggest foreign-exchange strategists and investors say the best may be over for the dollar after a four-month, 24 percent rally... U.S. policy makers are flooding the world with an extra $8.5 trillion through 23 different plans designed to bail out the financial system and pump up the economy. The decline shows that the increased supply of money may be overwhelming investors just as the government steps up debt sales, the trade and budget deficits grow and de-leveraging by investors slows. “The dollar will go to new lows as the U.S. attacks its currency,” said John Taylor, chairman of New York-based FX Concepts Inc., which manages about $14.5 billion of currencies. (12/15/2008)
Views: 88
Treasury Secretary Henry Paulson's plan to end the rout in U.S. financial markets may derail the dollar's three-month rally as investors weigh the costs of the rescue. The combination of spending $700 billion on soured mortgage-related assets and providing $400 billion to guarantee money-market mutual funds will boost U.S. borrowing as much as $1 trillion. As we get to the other side of this, the dollar will get crushed,'' said John Taylor, chairman of New York-based International Foreign Exchange Concepts Inc., the world's biggest currency hedge-fund firm. (9/22/2008)
Views: 88
British banks soon could be scrambling for short-term funding once more amid reports that supplies from Threadneedle Street and from Frankfurt may be drying up. The Bank of England explicitly ruled out extending its Special Liquidity Scheme (SLS), while the European Central Bank is reportedly considering tightening its lending criteria. (9/3/2008)
Views: 88
Advertisements looking for people to sign up for the unpaid environmental volunteer jobs have been posted across the country in recent months. Critics said the scheme is encouraging a Big Brother society where friends and neighbours will be encouraged to snoop on one another. (8/31/2008)
Views: 88
Russia said U.S. ships could only stay in the Black Sea for 21 days according to the Montreux Convention, and warned if they do not leave by then Turkey would be responsible. (8/29/2008)
Views: 88
A Muslim father cut out his daughter's tongue and lit her on fire upon learning that she had become a Christian. The child became curious about Jesus Christ after she read Christian material online, the Gulf News reported. (8/13/2008)
Views: 88
MI5 is using a fleet of sophisticated surveillance aircraft to search for unidentified Britons who fought alongside the Taliban in Afghanistan.
(8/4/2008)
Views: 88
Former U.S. Secretary of Agriculture, Ezra T. Benson warns Americans of the dangers of socialism facing our country. This speech was given in 1965.
(7/24/2008)
Views: 88 - User Comments: 0 - The Vatican has said it regrets the decision by the Church of England to allow the ordination of women bishops.
(7/8/2008)
Views: 88
(8/9/2009)
Views: 87 - User Comments: 0 - Federal Reserve Bank of Philadelphia President Charles Plosser said prices may rise 2.5 percent in 2011, a rate well above central bankers’ preferred range, and cautioned against complacency on inflation. (5/22/2009)
Views: 87
A 13-year-old boy's vow to resist chemotherapy by punching or kicking anyone who tries to force it on him will present doctors with a tough task if they can't change his mind. (5/19/2009)
Views: 87
One-third of Travis Elementary School pupil missed school Thursday because of a mysterious illness, leaving Houston ISD and city officials scrambling to diagnose the cause. (5/15/2009)
Views: 87
TOP secret contingency plans have been drawn up to counter the threat posed by a “summer of discontent” in Britain. (3/2/2009)
Views: 87
(2/4/2009)
Views: 87 - User Comments: 0 - An unexpected collapse in demand for Chinese goods has confirmed fears that the world's fourth-largest economy is on the precipice of a major crisis.
The collapse in exports has triggered a series of violent riots at factories across China's south in recent months, with thousands of laid-off workers rampaging through Dongguan and Guangzhou, previously the centre of China's economic miracle. (12/10/2008)
Views: 87
It's not preferable, but all major U.S. financial companies will eventually be under government control because the alternative is so much worse, Hugh Hendry, chief investment officer at hedge fund Eclectica Asset Management, said Friday. All financials will be owned by the U.S. government in a year, Hendry said. I bet you. (11/30/2008)
Views: 87
Congress: Think. Ben and Hank have both told you that the critical issue for the economy is for lending to resume, stating that it has dramatically contracted. If this was the truth, then Ben and Hank would have come to you for $700 billion in the TARP, but instead of TARPing the money, they would have asked for permission to use it to capitalize 10 new banks which would be immediately IPO'd off to the public with the stake being in the form of some kind of super-senior debt that held a coupon high enough to encourage immediate (or nearly-so) replacement with private capital. That would have immediately solved the credit freeze problem. So why wasn't this proposed? This is the reason: (10/25/2008)
Views: 87
A Council on Foreign Relations member and former policy planner under prominent Bilderberger Henry Kissinger has penned a piece in the Financial Times of London calling for a 'new global monetary authority' that would have the power to monitor all national financial authorities and all large global financial companies. 'Even if the US's massive financial rescue operation succeeds, it should be followed by something even more far-reaching – the establishment of a Global Monetary Authority to oversee markets that have become borderless.' writes Jeffrey Garten, also a former managing director of Lehman Brothers. (9/28/2008)
Views: 87
A boardwalk pavilion [owned by a Methodist) in the seaside town of Ocean Grove, N.J., that has been at the center of a battle over gay civil union ceremonies has lost its tax-exempt status because the state ruled it no longer met the requirements as a place open to all members of the public. (9/18/2008)
Views: 87
In his last call, he asked me to make his technology public. So, here below is a description of his technology. Would people please pass it on and would as many people, in a tribute to a man who has probably been killed by mercenaries hired by the oil industry, and make sure that prototypes are developed. (9/5/2008)
Views: 87
Summary of Treasury Secretary Paulson's statements and actions in conflict with reality. Also, includes a large incomplete list of retail chain stores that have shut down or gone bankrupt and independent statistics that totally disagree with official government economic statistics. (8/2/2008)
Views: 87
Paulson appears on Face The Nation and says "Our banking system is a safe and a sound one." If the banking system was safe and sound, everyone would know it (or at least think it). There would be no need to say it. (7/24/2008)
Views: 87
WITH ACCOUNTABILITY TO NO ONE BUT OBAMA, our new puppet president has embarked upon a wholesale power grab in his appointments of over 16 White House ‘czars.’ In a recent CBS News Interview, Senator Robert Byrd expressed his and many Americans’ concerns with the unconstitutional ‘czardom’ in Obama’s White House:
“Obama’s czars are a slick way of governing without having to answer to Congress. The rapid and easy accumulation of power by White House czars threatens the constitutional system of checks and balances.
Oversight of federal agencies is the responsibility of officials approved by the Senate, not appointees of the White House who operate with complete autonomy. These czars are accountable to no one but Obama. They have far reaching powers and Congress cannot stop a single decision they make.” (6/15/2009)
Views: 86
The Chinese cyber spies have penetrated so deep into the US system - ranging from its secure defence network , banking system, electricity grid to putting spy chips into its defence planes - that it can cause serious damage to the US any time, a top US official on counter-intelligence has said. (4/17/2009)
Views: 86
OPEC again revised down its estimate for world crude demand on Wednesday, saying a devasting contraction in consumption would keep prices under pressure in the months ahead.
In the coming months, the market is expected to remain under pressure from uncertainties in the economic outlook, demand deterioration and the substantial overhang in supply, the Organization of Petroleum Exporting Countries wrote in its latest monthly report. (4/15/2009)
Views: 86
The issue of a Civilian National Security Force – already discussed by President Obama several times – has come up again, this time before the National Defense University. But there's no information from the White House on what was meant. (3/18/2009)
Views: 86
After making millions selling New Jersey bonds to investors, Wall Street giant Goldman Sachs told other wealthy clients they could profit by betting the Garden State may not be able to pay off its bonds as scheduled, according to a confidential presentation made two months ago...
In the 58-page proposal, Goldman said it identified 11 states where prospects for a default might be on the upswing. (12/11/2008)
Views: 86
A 19-year-old man has committed suicide live on the internet encouraged by others who were watching, according to reports. (11/21/2008)
Views: 86
At least one state coal industry leader said he was shocked by comments Democratic presidential candidate Barack Obama made earlier this year concerning his plan to aggressively charge polluters for carbon and greenhouse gas emissions. (11/3/2008)
Views: 86
Libya is willing to host a Russian naval base as a means of security against any possible U.S. attack, a Russian business daily said on Friday. (11/1/2008)
Views: 86
Financial Armageddon, the meltdown, the crisis, or whichever title fits the bill this week, is about to enter another even more damaging phase in America. So what's next? What could possibly come along in the middle of this series of economic nightmares to make things even worse? How about a total depletion of local government finances that pay for the things that make up the very fabric of American society. Imagine that rippling across the rest of the world, reducing public services to skeleton operations. (10/13/2008)
Views: 86
Over the summer he was all the rage - a Texas oil billionaire ready to make a difference and get the U.S. off of foreign oil dependency. Pickens certainly advocates drilling more American oil, but also came up with a reasonable-sounding plan to make wind power a reality. People quickly responded to support his efforts. Environmentalists praised him. Pro- free market advocates have flocked to him, invited him to address their conferences and hailed him as a hero. That's the Public Relations story. It's not the whole story. (10/8/2008)
Views: 86
It is reported that, in three years, buildings covered in steel sheets could be generating large amounts of solar electricity, thanks to a new photovoltaic paint that is being developed in a commercial partnership between UK university researchers and the steel industry. (10/5/2008)
Views: 86
The oil price rebounded this morning after Opec announced a surprise cut in production in an attempt to halt the recent decline in the cost of a barrel of crude. Having fallen by almost 30% in the last two months to the fringes of the symbolic $100 mark, US crude jumped by over a dollar to $103.30 this morning. (9/11/2008)
Views: 86
Scientists preparing to fire up the world's largest atom smasher are being flooded with phone calls and emails – even death threats – from people worried that the Large Hadron Collider, when activated, will obliterate planet Earth. (9/6/2008)
Views: 86
After months of denials the status of Jerusalem is on the table during negotiations, Prime Minister Ehud Olmert's office today confirmed to WND that a mechanism has been created to deal with the issue of the holy city in U.S.-backed Israeli-Palestinian talks aimed at creating a Palestinian state by the end of the year. (8/31/2008)
Views: 86
Only a year after banning all negative messages about homosexuality in public schools throughout the state, the California Legislature now is ordering school children to celebrate "gay" lifestyle choices.
(8/7/2008)
Views: 86
Some might not recognize it, but Yes Virginia, There Is A Credit Crunch. Let's look at a few examples of the credit crunch in action. (8/1/2008)
Views: 86
Incredible JFK speech that reveals the reality and methods utilized by secret societies to gain control of the world and a plea to help reveal the information to the people. No wonder they didn't want him to stay alive.
(12/4/2009)
Views: 85 - User Comments: 0 - flag@whitehouse.gov asks Americans to send them sources of disinformation in the health care debate.
The White House is now urging we, the people to turn against one another and report spreading what they deem to be disinformation pertaining to the health care debate. (8/5/2009)
Views: 85
Pupils and their families will be required to agree to the deal - setting out minimum standards of behaviour and attendance - before the start of term. Contracts, known as Home School Agreements, will also establish parents' responsibilities for the first time. They face court action and possible fines of up to £1,000 for repeatedly breaking rules. The contracts will become compulsory in all English state schools under plans laid out in a Government White Paper. Ministers suggested that good parents would be able to complain about other mothers and fathers who fail to ensure their children behave. (7/23/2009)
Views: 85
The U.S. Senate rejected a proposal by President Barack Obama to finance an overhaul of the nation’s health-care system by limiting the ability of the well-to-do to take tax deductions for charitable contributions. (4/2/2009)
Views: 85
A mystery electronic spy network apparently based in China has infiltrated hundreds of computers around the world and stolen files and documents, Canadian researchers have revealed.
The network, dubbed GhostNet, appears to target embassies, media groups, NGOs, international organisations, government foreign ministries and the offices of the Dalai Lama, leader of the Tibetan exile movement. The researchers, based at Toronto University's Munk Centre for International Studies, said their discovery had profound implications. (3/30/2009)
Views: 85
The multi-billionaire, who is an informal advisor to President Barack Obama, conceded the economy had approached close to the worse case possible. He also warned that recovery would not come quickly. Acknowledging his own failure to foresee the scale of the crisis, he admitted: It's fallen off a cliff. Not only has the economy slowed down but people have really changed their habits like I haven't seen. (3/12/2009)
Views: 85
The Defense Department is forming a civilian expeditionary workforce that will be trained and equipped to deploy overseas in support of military missions worldwide, according to department officials.
The intent of the program “is to maximize the use of the civilian workforce to allow military personnel to be fully utilized for operational requirements,” according to a Defense Department statement.
Deputy Defense Secretary Gordon England signed Defense Department Directive 1404.10, which outlines and provides guidance about the program, on Jan. 23.
View the DoD directive (1/31/2009)
Views: 85The White House is promising new reviews of the obligations to the government by broadcasters who occupy the nation's spectrum just as the president has targeted conservative talk radio icon Rush Limbaugh for a public attack, raising concerns over the possible restoration of the Fairness Doctrine, a policy that failed as unneeded and unconstitutional two decades ago. (1/27/2009)
Views: 85
In an interview with ABC's George Stephanopoulos, Speaker of the House Nancy Pelosi, D-Calif., defended huge sums of money for family planning services tucked into President Obama's proposed economic stimulus package, claiming contraception will reduce government costs. (1/26/2009)
Views: 85
The U.S. government’s decision to pledge billions of additional dollars with strings attached to Citigroup Inc. and Bank of America Corp. may be nationalization by another name, according to former bankers and regulators.... While avoiding steps taken by the U.K., which this week acquired a 70 percent stake in Royal Bank of Scotland Plc, U.S. regulators are no longer passively injecting capital into the nation’s biggest banks. (1/23/2009)
Views: 85
The Bank of England on Thursday cut interest rates to the lowest level in its 315-year history, taking it into uncharted territory as it attempts to ward off a prolonged recession. (1/9/2009)
Views: 85
The turmoil in the financial markets has taken hold of the strategically important trade in long-term interest rate derivatives, pushing rates to levels once thought to be a 'mathematical impossibility'. Such interest rate swaps are the most widely traded over-the-counter derivative and are crucially important for insurers, pension funds and other companies that need to fund liabilities decades into the future. (10/25/2008)
Views: 85
A public school in San Francisco bused 18 first-graders to City Hall yesterday, so the youngsters could scatter rose petals in celebration of their lesbian teacher's wedding
. (10/12/2008)
Views: 85
The Russian president said in a speech Thursday that the financial crisis in the United States should be taken as a sign that America's global economic leadership is drawing to a close, reiterating an argument that leaders here have been making for some time, though investors in recent weeks have been fleeing Russia and depositing money in U.S. Treasury bills. (10/2/2008)
Views: 85
Author Ron Suskind says he will release transcripts of his interviews with a top CIA official that will confirm his story that in 2003 the White House ordered the agency to fabricate a phony document linking Iraq to the Sept. 11, 2001 terrorist attacks on New York and Washington, D.C. (8/8/2008)
Views: 85
Like many stores in Europe, the Coop chain of supermarkets in Switzerland does not specify whether goods are genetically modified - because none are. But a wave of food-price inflation may help wash away popular opposition to so-called Frankenstein foods. (7/16/2008)
Views: 85
It became apparent that since the day I was born (1958), the reality of my very existence had been indirectly controlled and dictated by a conspiratorial group of super rich and powerful individuals, working behind the scenes, manipulating the events which shaped all our lives, creating chaos all around, causing reactions from the unsuspecting majority, which then in turn enabled them to advance their nefarious agenda, by responding with their `ready made` solutions. Solutions carefully designed to advance the imposition of a Global State. (8/2/2009)
Views: 84
Even if Russia's call for a global currency failed to gain much traction at a G8 summit, President Dmitry Medvedev took home a coin meant to symbolize that the dream may one day come true. (7/12/2009)
Views: 84
Dai Bingguo, who is standing in for the Chinese president Hu Jintao at the G8 meetings, raised questions over the dominant role of the dollar as the world's reserve currency. (7/12/2009)
Views: 84
It's time for WWDD.
That's not a typo on the familiar WWJD -- What Would Jesus Do? -- a theme among Christians. It stands for What Would Dumbledore Do? a new move to answer such questions and spark social change through the teachings available in the Harry Potter witchcraft books and movies. The campaign has begun specifically promoting gay marriage. (7/3/2009)
Views: 84
It has finally happened. With yesterday's naming of Border Czar Alan Bersin, the Obama administration has by any reasonable reckoning passed the Romanov Dynasty in the production of czars. The Romanovs ruled Russia from 1613 with the ascension of Michael I through the abdication of Czar Nicholas II in 1917. During that time, they produced 18 czars. While it is harder to exactly count the number of Obama administration czars, with yesterday's appointment it seems fair to say it is now certainly in excess of 18. (6/8/2009)
Views: 84
The British economy has entered deflation for first time in almost half a century, heralding a fall in wages and freeze in pensions, experts warned. (4/21/2009)
Views: 84
Anyone departing the UK by land, sea or air will have their trip recorded and stored on a database for a decade. Passengers leaving every international sea port, station or airport will have to supply detailed personal information as well as their travel plans. The owners of light aircraft will also be brought under the system, known as e-borders, which will eventually track 250 million journeys annually. (3/14/2009)
Views: 84
The International Monetary Fund could run out of cash to firefight the economic crisis in as little as six months, its managing director has warned. The Fund is seeking pledges from nations with large current account surpluses and foreign exchange reserves to donate it cash to help bolster troubled countries. (2/10/2009)
Views: 84
Iran will have enough enriched uranium to make a single nuclear weapon later this year, the prestigious International Institute for Strategic Studies (IISS) predicts. (1/27/2009)
Views: 84
That was the message Vice President Dick Cheney brought to a closed-door Senate GOP lunch Wednesday, reportedly warning that it’ll be “Herbert Hoover” time if aid to the industry was rejected, according to a senator familiar with the remarks. (12/12/2008)
Views: 84
Venezuela plans to build mines at its largest gold deposits with Russian help, the mining minister said on Thursday, apparently killing a years-long bid by two Canadian companies to develop the projects... The statements came a day after Venezuela, which frequently warns against building reserves in U.S. dollars, said it wanted to recover control over its gold to boost its gold reserves as a shield from global financial crisis. (11/7/2008)
Views: 84
Our Founding Fathers were collectively the brightest, wealthiest, and most powerful men of their era. They risked everything they had by declaring their independence from what was, at that time, the greatest military and economic power in the world. Quite frankly, we have not had such intellect, innovation, and “testicular fortitude” at the helm of our country since then, and I believe will never see men of such strong backbone in our government again. (11/3/2008)
Views: 84
OPEC, the supplier of more than 40 percent of the world's oil, plans to cut output for the first time in almost two years as the worst financial crisis since the 1930s sends crude toward $50 a barrel. Options contracts to sell oil at $50 by December soared 50- fold in the past two weeks on the New York Mercantile Exchange. Goldman Sachs Group Inc. and Merrill Lynch & Co. analysts say crude, which fell more than 50 percent from a record high in July to a 14-month low last week, may drop another 44 percent should the world economy slip into a recession. (10/20/2008)
Views: 84
If given the choice, a new poll reveals, 59 percent of Americans would sweep Capitol Hill clean of the current batch of senators and representatives to elect an entirely new Congress. Only 17 percent of voters polled said they would be willing to keep the current legislature. (10/6/2008)
Views: 84
Ukraine's ruling pro-Western coalition has officially collapsed, the speaker of the Ukrainian parliament says. President Viktor Yushchenko has been involved in a long-running dispute with Prime Minister Yulia Tymoshenko. The president's Our Ukraine bloc left the coalition earlier this month. Parliament now has 30 days to try to form a new ruling coalition. (9/17/2008)
Views: 84
European Union officials expect Ireland to cave in and hold a second referendum on the Lisbon Treaty in Autumn 2009. (9/11/2008)
Views: 84
Foreign money, which up to now has focused its attention on investing in iconic commercial real estate - like Barneys New York and the Chrysler Building - is now moving to scoop up tens of thousands of discounted foreclosed homes across the country. (8/12/2008)
Views: 84
The head of Mexico's intelligence service has said that drug cartels are threatening the country's democratic institutions, including Congress. (7/16/2008)
Views: 84
Last year, lawmakers excoriated the CEOs of the Big Three automakers for traveling to Washington, D.C., by private jet to attend a hearing about a possible bailout of their companies.
But apparently Congress is not philosophically averse to private air travel: At the end of July, the House approved nearly $200 million for the Air Force to buy three elite Gulfstream jets for ferrying top government officials and Members of Congress.
See how your representative voted (8/5/2009)
Views: 83Very lively video interview with Max Keiser about Goldman Sachs and the Fed and their role in creating financial terrorism. Also discussion about corruptness of the Bank of International Settlements, importance of gold and the need for new worldwide reserve currency and global governance. (7/18/2009)
Views: 83
The U.S. Senate is set to vote on HR 1409 (Employee Free Choice Act of 2009) also know as Card Check. (6/24/2009)
Views: 83
GORDON BROWN hopes to forge a partnership with President Barack Obama in Washington this week, to call for a “global new deal” to lift the world out of recession. (3/2/2009)
Views: 83
A recent poll of more than 350,000 Americans on the importance of religion revealed that the nation is separated into enclaves of widely divergent viewpoints on faith, with some states and regions clearly religious and others significantly secular.
Gallup conducted a telephone poll of 355,334 U.S. adults, asking the question, Is religion an important part of your daily life?
(2/16/2009)
Views: 83It was initially believed that they could have caught the disease through fleas on rats attracted by poor living conditions in their forest hideout.
But there are now claims the cell was developing the disease as a weapon to use against western cities.
Experts said that the group was developing chemical and biological weapons. (1/22/2009)
Views: 83
M1's multiplier going below 1 strongly implies (but does not yet prove) that we have reached that zero hour. (1/5/2009)
Views: 83
The controversy over whether Barack Obama has been in contact with Gov. Rod Blagojevich about filling his vacated Senate seat took another turn, with two reports of alleged conversations now retracted by their sources. (12/11/2008)
Views: 83
A former chairman of the Bar Council is calling for an international court for the environment to punish states that fail to protect wildlife and prevent climate change. (11/30/2008)
Views: 83
A California school system refuses to say what action, if any, it will take after it received complaints about a kindergarten teacher who encouraged her students to sign pledge cards in support of gays. (11/1/2008)
Views: 83
Unrepentant terrorist William Ayers and his wife, onetime federal fugitive Bernardine Dohrn, are releasing a new book that blames whites for the problems in the U.S. since its independence from Great Britain more than two centuries ago. As WND reported this week, a former FBI informant who penetrated the group claims he participated in a discussion in which members of the group Ayers and Dohrn co-founded, the Weather Underground, discussed a future communist takeover of the United States in which 25 million diehard capitalists would need to be killed to prevent counterrevolution. Republican John McCain's presidential campaign has made Ayers an issue, charging Democrat Sen. Barack Obama has had a working relationship with Ayers, including service together on two nonprofit boards. Critics also maintain Obama's political career was launched at the home of Ayers and his wife, Dohrn, also a former Weather Underground leader. (10/25/2008)
Views: 83
State and local officials are investigating if state and law-enforcement computer systems were illegally accessed when they were tapped for personal information about Joe the Plumber. (10/24/2008)
Views: 83
French President Nicolas Sarkozy, who convened the Oct. 4 meeting, called for a global summit 'as soon as possible' to implement 'a real and complete reform of the international financial system.' He said 'all actors' must be supervised, including credit-rating firms and hedge funds. Executive-pay systems must also be reviewed, he said. 'We want a new world to come out of this,' Sarkozy said. (10/7/2008)
Views: 83
Half the world economy, including the UK, is in recession or on the brink, according to research from Goldman Sachs. The investment bank has warned that the world's major economies, including the US, Japan, the eurozone and the UK, are either in recession or face significant recession in the months ahead. (8/22/2008)
Views: 83
The existence of a secret, CIA-run prison on the island of Diego Garcia in the Indian Ocean has long been a leaky secret in the “War on Terror." (8/2/2008)
Views: 83
This week's confirmation by NASA that the Phoenix lander had confirmed the presence of water ice on Mars was just the tip of the iceberg. White House alerted by NASA of major announcement soon.
(8/2/2008)
Views: 83
Crude oil futures fell below $125 a barrel for the first time in seven weeks after a U.S. government report showed that fuel stockpiles increased as consumption tumbled to the lowest in more than a year.
(7/23/2008)
Views: 83
Video taken last year at the Urban Community Leadership Academy in Kansas City, MO. Students dressed in military fatigues march and pledge allegiance to Obama. Is this what results from his community organizing efforts?
(8/28/2009)
Views: 82 - User Comments: 2 - 
The global financial crisis has reduced the differences between nations and created the opportunity to form a new world order, Brazilian President Luiz Inacio Lula da Silva said Wednesday. (6/17/2009)
Views: 82
Guns purchased legally in the United States this year could outfit two armies – and not just any armies, the armies of China and India, according to new government reports cited by a website for sport-shooting enthusiasts. (5/1/2009)
Views: 82
A U.S. health official said at least five people are hospitalized with swine flu in the United States and deaths are likely.
I fully expect we will see deaths from this infection, as swine flu cases are investigated, said Richard Besser, acting director of the federal Centers for Disease Control. He said he did not know about a newspaper report of two deaths in two southern California hospitals in which the victims seemed to be suffering from swine flu symptoms. (4/28/2009)
Views: 82
A California attorney lobbying the U.S. Supreme Court for a review of Barack Obama's qualifications to be president confronted the chief justice yesterday with legal briefs and a WND petition bearing names of over 325,000 people asking the court to rule on whether or not the sitting president fulfills the Constitution's natural-born citizen clause. (3/17/2009)
Views: 82
Anger rises in Germany as the economy falls. Trade unions and globalization-critical protesters are planning demonstrations in Berlin and Frankfurt under the banner: We're not paying for your crisis. Alexis Passadakis, 31, an activist from the group Attac, tells SPIEGEL what's wrong with the system. (2/27/2009)
Views: 82
The world’s richest nations have called for urgent reform of global finance to save the world from the economic devastation that is dragging more and more countries into recession.
Italy’s finance minister called for a “new world economic order” as he wrapped up the crisis meeting of finance leaders from the Group of Seven leading economies over which he presided here.
(2/15/2009)
Views: 82
A second wave of countries will fall victim to the economic crisis and face being bailed out by the International Monetary Fund, its chief warned at the G7 summit in Rome.
Dominique Strauss-Kahn's warning comes amid growing concern that at some point in the next year a major economy could have to seek support from the Fund. Mr Strauss-Kahn, who was yesterday attending the Group of Seven leading finance ministers' meeting in Rome, said: I expect a second wave of countries to come knocking. (2/14/2009)
Views: 82
Birthplace, religion, black liberation theology, passport, Pakistan, school expenses and records, house deal, friends, mentors and clients. These are among the questions that despite months of campaigning for the presidency, thousands of hours in front of reporters and cameras, and hundreds of members of a massive campaign staff, the public still doesn't have fully answered about Illinois Sen. Barack Obama. (11/4/2008)
Views: 82
If you thought my first email letter answering the question how did we get here was on the scary side you’re really going to find this email letter that answers the what's coming question very sobering. I promise you though, my next letter addressing what you can do to prepare you and your family will be positive. (10/15/2008)
Views: 82
Brides and grooms are no longer allowed to marry in the State of California. That privilege is only extended to individuals who allow themselves to be called Party A and Party B on marriage licenses. License rejected for couple seeking traditional marriage. (9/8/2008)
Views: 82
World oil prices dropped near 110 dollars on Tuesday as traders expressed relief after Tropical Storm Fay avoided oil and gas production facilities in the Gulf of Mexico. The market was also dragged down by worries that weaker US oil demand could spread to Europe and Japan, analysts said. (8/19/2008)
Views: 82
A Georgia company looking to solve America's energy problem has finally teamed up with the federal government, hoping to make millions of barrels of oil every day from virtually anything that grows out of the Earth. (8/13/2008)
Views: 82
There’s a huge concern among conservative talk radio hosts that reinstatement of the Fairness Doctrine would all-but destroy the industry due to equal time constraints. But speech limits might not stop at radio. They could even be extended to include the Internet and “government dictating content policy.” (8/13/2008)
Views: 82
Workers of the world unite is the rallying cry of Marxist revolutionaries. This mantra is so well-known and specific to it's cause (communism), there's no way it can be taken out of context. (11/13/2009)
Views: 81
The majority of people feel that the CDC can no longer be trusted. Many doctors and health care professionals are beginning to challenge the assumptions of our current vaccine programs, and question the sanity and safety of rushing to mass-vaccinate against such a mild virus as H1N1 with untested and unproven vaccines.
Furthermore, one physician, Dr. Blaylock, board certified neurosurgeon, author, and lecturer, who has written over 30 scientific papers in peer-reviewed journals on a number of subjects, says that the CDC is leading America into an unfounded mass vaccination emergency. (11/7/2009)
Views: 81
Mikhail Voitenko, editor of Russia's Sovfracht maritime bulletin, said the ship, carrying about £1 million-worth of sawn timber from Finland to Algeria, might have been targeted because it was also loaded with an unknown cargo.
He told the Russia Today news channel: The only sensible answer is that the vessel was loaded secretly with something we don't know anything about. We have to remember that before loading in Finland the vessel stayed for two weeks in a shipyard in Kaliningrad. I'm sure it cannot be drugs or illegal criminal cargo. I think it is something much more expensive and dangerous. (8/13/2009)
Views: 81
The world has not seen the end of the financial crisis and the recent surge in markets was a result of excess liquidity coming from central banks, Marc Faber told CNBC in an interview. (7/18/2009)
Views: 81
The boys in green are coming as the Environment Agency sets up a squad to police companies generating excessive CO2 emissions.
The agency is creating a unit of about 50 auditors and inspectors, complete with warrant cards and the power to search company premises to enforce the Carbon Reduction Commitment (CRC), which comes into effect next year. (7/8/2009)
Views: 81
The physicians, medical students, nurses and laboratory technicians who demonstrated at the National Press Club earlier this month to advocate against President Obama's proposal to rescind the HHS provider conscience rule put in place under former President George W. Bush are worried that the move will drive pro-life doctors out of the profession (4/22/2009)
Views: 81
(4/2/2009)
Views: 81 - User Comments: 0 - Barack Obama inherits an economy already contracting at an annual rate of 6pc, much like the mid-Depression year of 1931 (-6.4pc) (1/26/2009)
Views: 81
A Pakistani scientist who has worked to develop his nation's nuclear weapons says the missiles are on rocket launchers and can be fired in 10 minutes. (12/5/2008)
Views: 81
Informer says communist U.S. envisioned, re-education centers, 25 million 'eliminated.' In a session with members of the radical group, founded in 1969, Grathwohl said discussion centered on a future in which the communist nations of Cuba, North Korea, China and the Soviet Union would occupy various parts of the U.S., with re-education centers established in the Southwest to prevent counterrevolution. (10/24/2008)
Views: 81
At this point, Mr. Obama has not allowed independent or official access to his birth records nor supporting hospital records, Marquis wrote. The Hawaii Health Department has violated Federal law by ignoring formal Freedom of Information requests for the same. Mr. Obama failed to respond to the District Court's request to produce or allow access to the official documents (should they exist) and instead filed a motion to dismiss arguing the Plaintiff had no 'standing' or right to know, he said. This non-response as of 9/24/2008 in Federal court casts doubt on the veracity of the electoral system and is the principal reason for this lawsuit. (10/16/2008)
Views: 81
Plans to build support for identity cards by introducing them among 'guinea pig' groups, such as airport staff and students, are in crisis after 10,000 airline pilots vowed to take legal action to block them and opposition swept through Britain's universities and councils. (10/13/2008)
Views: 81
The man suing Sen. Barack Obama and the Democratic National Committee for proof of Obama's American citizenship is outraged that his own party – rather than just providing the birth certificate he seeks – would step in to silence him by filing a motion to dismiss his lawsuit. (10/4/2008)
Views: 81
Wachovia, who at last count owned $122bb of the most toxic loan every created (the Pay Option ARM), has taken on an aggressive initiative with mortgage brokers/bankersto help them refi their way out of their financial troubles. They hope to refi about 30% or 135k loans over the next couple of years. The Pay Option ARM, in part, just took WaMu down and many think Wachovia will be next. (9/27/2008)
Views: 81
The Democratic-controlled Congress, acknowledging that it isn't equipped to lead the way to a solution for the financial crisis and can't agree on a path to follow, is likely to just get out of the way. One reason, Senate Majority Leader Harry Reid said yesterday, is that ``no one knows what to do'' at the moment. (9/18/2008)
Views: 81
The following is a compilation from mainstream media reports and other investigative research available on the web. (see also Paul Thompson, The Terror Timeline, 2004). These rarely repeated clues create a very disturbing picture. (9/13/2008)
Views: 81
The US vice-president, Dick Cheney, yesterday issued a direct challenge to Moscow's sway over Georgia, pledging Washington's support for its eventual membership of Nato, while denouncing Russia's illegitimate invasion. Georgia will be in our alliance, Cheney said after talks with President Mikheil Saakashvili. (9/7/2008)
Views: 81
More borrowers with good credit are defaulting on their home loans, and that's going to make it even harder for the staggering housing market to recover. The delinquency rate for prime mortgages worth less than $417,000 was 2.44% in May, compared with 1.38% a year earlier. (8/18/2008)
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The European Court of Human Rights ruled Tuesday that crucifixes in Italian schools violate the religious rights of both children and parents. (11/12/2009)
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What 80 percent of economists call Recovery is a Cover up. Trillions in losses papered over with trillions of phantom dollars printed out of thin air and backed by nothing produce nothing except the mirage of recovery. The dollar's dive and gold's historic high is no mirage. Gold doesn't lie.
In the Autumn Trends Journal® we dispel the recovery as fantasy and show how and why America and much of the world will plunge into the Greatest Depression. The global equity market surge and bankers' bonuses do absolutely nothing for the man on the street. Foreclosures are at an all time high, businesses are going bankrupt, jobs continue to disappear.
While Wall Street cheers, Main Street seethes. The 2nd American Revolution has already begun, and it's much more than a right wing, militia driven movement. Who's behind it, will it be velvet or violent, waged with guns or won by minds?
Across America and around the world, everyone wants to know what's going to happen and nobody knows better than Gerald Celente. Google it up. Celente is today's # 1 trend expert, sought by the major media world wide.
(10/21/2009)
Views: 80 - User Comments: 0 - Before the meeting began, Bilderberg investigative journalist Daniel Estulin reported on the main item of the agenda, which was leaked to him by his sources inside. Though such reports cannot be verified, his sources, along with those of veteran Bilderberg tracker, Jim Tucker, have proven to be shockingly accurate in the past. Apparently, the main topic of discussion at this year's meeting was to address the economic crisis, in terms of undertaking, “Either a prolonged, agonizing depression that dooms the world to decades of stagnation, decline and poverty ... or an intense-but-shorter depression that paves the way for a new sustainable economic world order, with less sovereignty but more efficiency.” Other items on the agenda included a plan to “continue to deceive millions of savers and investors who believe the hype about the supposed up-turn in the economy. They are about to be set up for massive losses and searing financial pain in the months ahead,” and “There will be a final push for the enactment of Lisbon Treaty, pending on Irish voting YES on the treaty in Sept or October,”[1] which would give the European Union massive powers over its member nations, essentially making it a supranational regional government, with each country relegated to more of a provincial status.
Shortly after the meetings began, Bilderberg tracker Jim Tucker reported that his inside sources revealed that the group has on its agenda, “the plan for a global department of health, a global treasury and a shortened depression rather than a longer economic downturn.” Tucker reported that Swedish Foreign Minister and former Prime Minister, Carl Bildt, “Made a speech advocating turning the World Health Organization into a world department of health, advocating turning the IMF into a world department of treasury, both of course under the auspices of the United Nations.” Further, Tucker reported that, “Treasury Secretary Geithner and Carl Bildt touted a shorter recession not a 10-year recession ... partly because a 10 year recession would damage Bilderberg industrialists themselves, as much as they want to have a global department of labor and a global department of treasury, they still like making money and such a long recession would cost them big bucks industrially because nobody is buying their toys.....the tilt is towards keeping it short.”[ (5/30/2009)
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Mexico’s peso sank to the lowest level in almost three weeks against the dollar on concern an outbreak of the deadly swine flu will deepen the country’s recession... (4/27/2009)
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The Obama administration economic stimulus package is going to force the Treasury to borrow approximately $2.5 trillion in 2009 and another $4 trillion in 2010, with the result of increasing the current $10 trillion national debt by 65 percent in just two years.
If the Obama administration increases the national debt by 65 percent every two years, the debt will be $16.5 trillion in 2010 and $27.225 trillion by 2012, the year of the next presidential election.
To answer the question of how big a problem borrowing $6.5 trillion will be over the next two years, we decided to examine just how large 1 trillion actually is. (2/14/2009)
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The level of debt in the UK is disturbing, the head of the International Monetary Fund has said. (12/21/2008)
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Until recently, Europe's politicians held their noses when they spoke of the United States. Now they are falling over each other to associate themselves with the president-elect, to attach themselves to the most attractive, most popular and soon-to-be most powerful man on the planet. Everyone wants a piece of Barack Obama. (11/15/2008)
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Some parents are shocked to find their children are learning to be homosexual allies and will participate in Coming Out Day at a public elementary school tomorrow – and they claim the school failed to notify parents. (10/23/2008)
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On the day the North American Monetary Union is created--perhaps on January 1, 2010--Canada, the United States, and Mexico will replace their national currencies with the amero.1 On that day, all American dollar notes and coins will be exchanged at the rate of one US dollar for one amero (). Canadian and Mexican currencies will be exchanged at rates that leave unchanged their nations' competitiveness and wealth. In all three countries, the prices of goods and services, wages, assets, and liabilities will be simultaneously converted into ameros at the rates at which currency notes are exchanged. At the same time, the national central banks of the three countries will be replaced by the North American Central Bank. (10/9/2008)
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It is shocking to find the kind of misinformation we discovered in American textbooks and supplemental materials being used by schools in every state in the country, said Dr. Gary Tobin, president of the Institute for Jewish & Community Research and a co-author of the study. Elected officials at every level should investigate how these offensive passages are creeping into our textbooks. Presenting false information in the classroom undermines the very foundation of the American educational system, he said. (10/3/2008)
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Recent terror attacks in New Delhi on September 13, 2008, raise the questions of who was responsible and for what reason these attacks occurred. Terror attacks in India are not a new phenomenon, however, in their recent past, they can be largely attributed to the actions, finances, training and resources of one organization: The Pakistani Inter-Services Intelligence (ISI). The ISI appears to play the role of a force for the destabilization of Central Asia, India and the Middle East. It acts as a Central Asian base of operations for the CIA and British Intelligence to carry out Anglo-American imperial aims. (9/18/2008)
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Civil liberties and privacy are being eroded at a breathtaking rate by European Union governments, according to a report. Civil liberties watchdog Statewatch criticised the EU's post-9/11 security strategy as a frightening grab for every aspect of individual information. (9/11/2008)
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The widower of slain former leader Benazir Bhutto will succeed Pervez Musharraf as president of Pakistan after winning a landslide victory in Saturday's election. (9/6/2008)
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Does the liberal-left have a clue? I sometimes think not. In his book, “What’s the Matter With Kansas?,” Thomas Frank made the excellent point that the Karl Rove Republicans take advantage of ordinary’s people’s frustrations and resentments to lead them into voting against their best interest. Frank’s new book, “The Wrecking Crew: How Conservatives Rule,” lacks the insight that distinguished his previous book. Why does Frank think that conservatives or liberals rule? Neither rule. (9/4/2008)
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The U.S. Congress may inadvertently lay the foundations for war against Iran when it reconvenes in Washington this month. Two essentially identical nonbinding resolutions call upon President Bush to immediately and dramatically increase the economic, political and diplomatic pressure on Iran to verifiably suspend its nuclear enrichment activities. (9/4/2008)
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In a crowded laboratory painted in gray and cooled like a cave, half a dozen specialists embarked this week on a historic undertaking: digitally photographing every one of the thousands of fragments of the Dead Sea Scrolls with the aim of making the entire file — among the most sought-after and examined documents on earth — available to all on the Internet. (8/27/2008)
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The purpose of this essay is to highlight petroleum inventory issues likely to cause shortages this fall. Several events can create instant, grave shortages. Following is an incomplete list of known risks. There are still more unknown risks of unknown magnitude. As explained below, gas lines will be accompanied by a price jump of about $1.50 per gallon, even if crude oil does not increase in price.
(7/16/2008)
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Both the 1918 and 1968 pandemics showed a wave as lasting 17 weeks with a peak at week 8. Current estimates for start of vaccine production in the EU from time of identifying the pandemic virus is 22 weeks. (7/7/2008)
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Check out the Los Angeles Police Department’s creepy new public service announcement for its city-wide anti-terrorism iWatch program. The civilian program was launched earlier this month and is endorsed by 63 police chiefs around the country.
(10/24/2009)
Views: 79 - User Comments: 0 - The year is 2020 and the gasoline tax is history. In its place you get a monthly tax bill based on each mile you drove - tracked by a Global Positioning System device in your car and uploaded to a billing center. (7/1/2009)
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Executives at U.S. companies are taking advantage of the biggest stock-market rally in 71 years to sell their shares at the fastest pace since credit markets started to seize up two years ago. (6/22/2009)
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The leaders of Russia and China agreed to expand use of the ruble and yuan in bilateral trade to lessen dependence on the U.S. dollar a day after they took part in the first summit of the so-called BRIC countries...
Russia, the world’s biggest energy supplier, wants to start selling oil to China in rubles, said Deputy Prime Minister Igor Sechin, who is also chairman of OAO Rosneft, Russia’s biggest oil company. Energy sales in rubles are a “strategic” issue for Russia, he said, adding that oil exports to China over the next 20 years will surpass $100 billion. (6/17/2009)
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Here's the advantage of having once owned a luxury motor home, one of those 40-foot behemoths with a huge turning radius: It's pretty much like driving a school bus! That's how perfectly things work out sometimes, even when you've lost the motor home and a $60 million fortune. (6/15/2009)
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Greeks disgruntled by their country's economic woes ramped up protests against the government on Wednesday, shutting down airports and disrupting many public services. (2/25/2009)
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California lawmakers on Monday were locked in a frustrating search for one more vote to approve a $42 billion budget-balancing plan state leaders say is needed to stave off fiscal disaster. (2/16/2009)
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I am a little surpised that the riot phase of this long politico-economic drama known as EMU has kicked off so soon, and that it has done so first in Greece where the post-bubble hangover has barely begun.
The crisis is much further advanced in Spain, which is a year or two ahead of Greece in the crisis cycle. (12/10/2008)
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Citigroup's stock plunged below $5-a 13-year low-and the banking giant's troubles may be just beginning.
Most institutional investors and pension funds are barred from owning stocks below $5. So if Citigroup's stock remains below that level, it could trigger a wave of selling that would send the share price even lower.
That's the danger of crossing that $5 threshold, says Owen Malcolm, senior vice president of Sanders Financial Management in Atlanta. They're (Citigroup) already in trouble. It could get worse. (11/20/2008)
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Italian Prime Minister Silvio Berlusconi said political leaders are discussing the idea of closing the world's financial markets while they rewrite the rules of international finance. The idea of suspending the markets for the time it takes to rewrite the rules is being discussed,'' Berlusconi said today after a Cabinet meeting in Naples, Italy. A solution to the financial crisis ``can't just be for one country, or even just for Europe, but global.'' (10/10/2008)
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Supermarket prices for 16 basic food items surged to a record in the third quarter because of higher commodity costs and increased processing and transportation expenses, the American Farm Bureau Federation said Thursday.
The average cost of typical weekly consumer purchases rose 11% to $48.68 in the three months ended Sept. 30, from $44.03 a year earlier, the federation said. Costs rose 4.3% from the second quarter. (10/6/2008)
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The financial storm that crossed the Atlantic into Europe is exposing limits of economic coordination within the 27-nation European Union that belie the bloc's history. the weekend failure of the region's four economic heavyweights - France, Germany, Italy and Britain - to follow the U.S. in crafting a unified financial bailout is raising alarm among officials and analysts, who worry that the European Union is also buffeted by Washington-style partisanship. (10/5/2008)
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Shell and BP have been warned by Greenpeace and other investors that their involvement in unconventional energy production such as Canada's oil sands could turn out to be the industry's equivalent of the sub-prime lending that poisoned the banking sector and triggered the current financial crisis. The global warming agenda is being used to control the energy sector. What would we do without these environmental saviors? (9/20/2008)
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Russia snubbed its nose at the United States today by announcing plans to sell military equipment to both Iran and Venezuela. The head of the state arms exporter said that Russia was negotiating to sell new anti-aircraft systems to Iran despite American objections. (9/18/2008)
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A federal hate crimes plan to criminalize speech or thoughts critical of homosexuality – dropped from Congress' agenda earlier because of a veto threat from President Bush – may be resurrected before the election, according to an opponent of such advocacy laws. Pro-homosexual advocates long have sought such a law but opponents fear it would be used to crack down on those who maintain a biblical perspective that condemns homosexuality as sin. (9/11/2008)
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Lindsey Williams expounds the coming oil discoveries and their related impact on the world with Alex Jones, Bob Chapman and Dr. Stanley Monteith.
(8/12/2008)
Views: 79 - User Comments: 0 - Reading these tea leaves, if you are a hedge-fund manager who has spent the past year smugly amassing "oil up" positions in sophisticated financial instruments, you will certainly be trying to get out of them now: hence the sheer speed of the recent falls.
(8/8/2008)
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U.S. drivers found more relief at the pump as the national price for gasoline dropped to its lowest level in 11 weeks, the government said on Monday.
(8/4/2008)
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A group called Utahns for Ethical Government will be passing around a petition during the coming year asking Utah voters to create an independent ethics commission and a code of conduct for the Legislature. It sounds good on the surface. But if ever the devil were in the details of a reform proposal, this is it. (10/8/2009)
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ACORN -- the Association of Community Organizations for Reform Now -- a publicly funded national organization linked to voter fraud in several states, is now actively interfering with the exercise of firearm civil rights in New Jersey, and the Second Amendment Foundation is calling for an immediate federal investigation. (9/17/2009)
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Philadelphia's court system will face a virtual shutdown if the cash-strapped city does not get state approval for a sales tax increase and changes to how it makes its pension payments. (8/19/2009)
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A measure in President Barack Obama's health care plan could allow for special interest groups like Planned Parenthood, the nation's largest abortion services provider, to operate health care clinics, at taxpayer expense, inside America's public schools. (8/19/2009)
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Militia groups with gripes against the government are regrouping across the country and could grow rapidly, according to an organization that tracks such trends. (8/12/2009)
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Dr. Rima E. Laibow, MD., Natural Solutions Foundation Medical Director, completing a visit to Italy to attend the annual Codex Alimentarius meeting, discusses recent developments in the ongoing saga.
(7/24/2009)
Views: 78 - User Comments: 0 - Officials in Shanghai have issued a call encouraging couples to have a second child to help avert a labour shortage in the years to come. (7/24/2009)
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PRYING EYES ON THE WEB (6/1/2009)
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The House of Representatives passed legislation last week to add sexual orientation and gender to the list of categories covered by federal hate-crimes laws.
Pedophilia is one of the scores of sexual orientations that are included, that are protected, that are granted special preferred status under this legislation to the exclusion of other classifications of people, says Matt Barber of Liberty Counsel. (5/6/2009)
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Fannie Mae and Freddie Mac mortgage delinquencies among the most creditworthy homeowners rose 50 percent in a month as borrowers said drops in income or too much debt caused them to fall behind, according to data from federal regulators. (4/22/2009)
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What we can learn from history and demographic trend analysis about the next 15 years. (3/27/2009)
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(1/31/2009)
Views: 78 - User Comments: 0 - Regardless of how much credit Paulson and Bernanke waste on bailouts, this economy simply is not going to recover with the unemployment picture looking as bleak as it does.Day in and day out someone is announcing job cuts.It's depressing.And unlike 2001-2003, the bulk of those financial and auto sector job cuts are never coming back.I expect the reported unemployment numbers to rise to 7.5% to 8% in 2009 and keep rising into 2010. (10/25/2008)
Views: 78
In 1913, at 11:45 p.m., on the eve of Christmas, a group of powerful men came together to form a private corporation, designed to control the monetary system of our country. They moved with a calculated craftiness and deceit to pass legislation that would enslave every American as a debtor to their corporation. In short, we have been set up! Laws were designed and passed to specifically get us into this position! Unless you know the chicanery of how the Federal Reserve Act was passed in 1913, unless you understand the central banking system that runs almost all the countries of the world and their history of manipulation, deceit, deception, and distortion, you will not be able to hear, see, and understand what is happening under your nose. (9/27/2008)
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All the financial markets are showing green lights, joyous profits! Have real profits returned to the world markets? NO! This is a trap of global proportions designed to complete the shell game over 'the ownership society's' claims on everything that matters, to them. What's at stake is the future of everyone... a bailout plan that has no limits! All of this has been quietly put into play over the decades beginning with Reagan and continuing through Bush senior, Clinton, and finally to be enacted under Bush Jr. If you liked Patriot Acts, One and Two, or HR 1955 & S1959 (Thought-control legislation) then you're going to love this one because it's another VOTE ONLY DO NOT READ, in the interests of National Security of course, and the panicked need to appear to get a solution quickly! (9/20/2008)
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John McCain's selection of Alaska Governor Sarah Palin as his Vice Presidential running mate was exactly what he needed to do to make himself competitive against Barack Obama in the November elections. By all appearances, Governor Palin is a true conservative. Unfortunately, the things that make Palin so attractive (her conservative principles) are the things that she will be forced to surrender in order to be John McCain's running mate. (9/3/2008)
Views: 78
The Wall Street investment bank Lehman Brothers is this weekend locked in talks with a group of foreign government-backed investment funds in an effort to secure billions of dollars in new equity capital. The acceleration of the negotiations, which Lehman wants to have wrapped up before it reports third-quarter earnings in mid-September, underlines the urgency with which one of the US banking industry's most venerable names is seeking capital. (8/31/2008)
Views: 78
A source in Beijing says that the murder in Beijing of American Todd Bachman and the wounding of his wife Barbara and their Chinese tour guide were committed by someone other than the individual identified in China’s state-run press. (8/13/2008)
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Iran's official IRNA news agency quoted the chief of the elite Revolutionary Guards on Monday as saying that Iran has tested a new marine weapon that is "unique in the world" and has a range of 300 kilometers, or 186 miles.
(8/5/2008)
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Defaults on American corporate junk bonds could more than quadruple in the next year as the declining economy in the United States severely restricts companies' ability to repay their debts, the Standard & Poor's ratings agency has said.
(8/4/2008)
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A Christian minister who has spent time in jail because of a state hate crimes law is warning that the federal legislation, now pending on President Obama's desk, is one of the most dangerous pieces of federal legislation in the history of our nation. (10/27/2009)
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The D.C. Council Tuesday gave final approval to legislation recognizing same-sex marriages performed in other jurisdictions and paved the way for an effort to allow such unions to be performed in the nation's capital - an effort one council member said could prompt civil war in the city. (5/6/2009)
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Sean Hannity on FOX had a jigsaw puzzle featured on his set and each day for the first 100 days of the Messiah Barack’s presidency he planned to remove a piece and he wanted to see who could guess what it was. At about the 75th day, he had a winner. It was a picture of Bill, Hillary and Chelsea Clinton. The motto: “More of the Same” but allow me to share some of the differences from the Clinton’s first 100 days era. (4/23/2009)
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President Barack Obama on Friday struck down the Bush administration's ban on giving federal money to international groups that perform abortions or provide abortion information - an inflammatory policy that has bounced in and out of law for the past quarter-century. (1/23/2009)
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Despite more than $1 trillion in federal largesse, they still may not have the capital cushions to bear the risks of making fresh loans (1/12/2009)
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Whether it is the Indian rupee, the Shanghai bourse, or Kremlin debt, the stars of the credit boom have fallen to earth. Investors are retreating into 3-month US Treasury bills – the ultimate safe-haven. The yield has fallen to 0.02pc, less than zero after costs. You pay Washington to guard your money.
The working assumption of the Great Boom is – or was – that we live in a benign era where most societies are converging towards some form of market liberalism; where trade and capital flows are unrestricted; where governments have enough legitimacy to keep order by light touch; where a major war is unthinkable.
This illusion is now being tested. (12/3/2008)
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Sen. Barack Obama is a friend of the left who will make important changes to the U.S., including a hoped-for trillion-dollar stimulus package focused on low-income families as well as a reconfiguring of the role and function of the American government and corporations to favor working people, according to the leader of the Communist Party USA. (12/2/2008)
Views: 77
Bank of America, the largest US bank, said on Monday it would raise $10bn in capital and halve its dividend in an effort to ride out the credit crisis.
The moves came as the bank reported third quarter earnings of $1.2bn - a third of the level of a year ago. Ken Lewis, Bank of America chief executive, said it was prudent to raise capital to very substantial levels in this uncertain environment. (10/7/2008)
Views: 77
In a speech before the United Nations last month, Georgian President Mikheil Saakashvili implored world leaders to set up an international investigation to find out the truth about the war in South Ossetia. I couldn't agree more. But I think the results of an honest investigation would reveal a very different truth than what President Saakashvili claims. I know this because I was in Tskhinvali, the capital of South Ossetia, on Aug. 7 when Georgian troops marched into the city and killed my friends and neighbors. I also have good reason not to trust what Saakashvili says. For three days before the attack I had been getting calls from many Georgian friends warning me to get out. They said Saakashvili was planning an attack. Most of the Georgians living in South Ossetia left because they knew what was coming. (10/7/2008)
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Madame Speaker, only in Washington could a bill demonstrably worse than its predecessor be brought back for another vote and actually expect to gain votes. That this bailout was initially defeated was a welcome surprise, but the power-brokers in Washington and on Wall Street could not allow that defeat to be permanent. It was most unfortunate that this monstrosity of a bill, loaded up with even more pork, was able to pass. (10/3/2008)
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'Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna: Regarding the Great Depression. You're right, we did it. We're very sorry. But thanks to you, we won't do it again.' (9/29/2008)
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Former General Electric Co (GE.N: Quote, Profile, Research, Stock Buzz) Chairman and Chief Executive Officer Jack Welch said the U.S. economy faces a deep downturn in coming quarters, and he supports a proposed $700 billion government rescue package for the financial sector. I now believe we are in for one hell of a deep downturn, Welch told the World Business Forum in New York on Wednesday, adding that the first quarter of 2009 will likely be brutal. (9/25/2008)
Views: 77
Russian markets stopped trading for a second day after emergency funding measures by the government failed to halt the biggest stock rout since the country's debt default and currency devaluation a decade ago. (9/17/2008)
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Banking / Money (969)
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