$1 trillion deficits seen for next 10 years
President Barack Obama's budget would generate deficits averaging almost $1 trillion a year over the next decade, according to the latest congressional estimates, significantly worse than predicted by the White House just last month.
Credit Unions With $57 Billion in Assets Seized; 3 Banks Fail
Two corporate credit unions, with combined assets of $57 billion, were seized by the National Credit Union Administration yesterday to stabilize a system used by 90 million customers amid a worldwide financial crisis. Three U.S. banks failed, bringing this year’s total to 20.
Renewed strength of euro threatens economy
After a brief respite, the euro is gaining strongly against the currencies of its main trading partners, further threatening the Continent's wilting economy. That is adding to pressure on the European Central Bank to enact radical steps similar to those that are weakening the dollar, the pound and the Swiss franc.
CIA Says It Has 3,000 Documents Related To Destroyed Interrogation Tapes
In connection with an American Civil Liberties Union lawsuit seeking information on detainee abuse, the CIA today disclosed that it has a list of roughly 3,000 summaries, transcripts, reconstructions and memoranda relating to 92 interrogation videotapes that were destroyed by the agency. The CIA refused, however, to disclose the list to the public. The agency also refused to publicly disclose a list of witnesses who may have viewed the videotapes or retained custody of the videotapes before their destruction.
White House: Agenda on track despite worsening deficits
President Barack Obama's budget would produce $9.3 trillion in deficits over the next decade, more than four times the deficits of Republican George W. Bush's presidency, congressional auditors said Friday.
Pelosi's Hate Bill Strategy
By Rev. Ted Pike
House Speaker Nancy Pelosi recently said Democrats will soon formulate a strategy to pass the federal hate crimes bill, HR 256. This comment should deeply concern all freedom-loving Americans.
Peaceful Dissent and Government Witch Hunts
By Anthony Gregory
As most readers of this are probably aware, the Campaign for Liberty has been singled out, along with a few other political groups, in a leaked Missouri state government report, "The Modern Militia Movement." The document tells state officials to be on the lookout for violent extremists while conflating them with pretty much anyone who criticizes the government. Perhaps most troubling, the information apparently comes from the Department of Homeland Security, meaning that similar documents could be circulating in states other than Missouri.
The Big Takeover
The global economic crisis isn't about money - it's about power. How Wall Street insiders are using the bailout to stage a revolution
France officially asks to rejoin NATO command
President Nicolas Sarkozy has submitted a formal request to rejoin the NATO command structure following a 43-year absence, French and NATO officials said Friday.
Obama apologizes for remark
After comparing his bowling to the Special Olympics on "The Tonight Show" Thursday, President Obama called Special Olympics Chairman Tim Shriver to apologize before the program even aired.
US flag-burning marks war anniversary
American flags were set on fire Friday to chants of "no, no for occupation" as followers of an anti-U.S. Shiite cleric marked the sixth anniversary of the Iraq war.
Iran gives cautious welcome to Barack Obama video message
Iran today hailed an unprecedented direct appeal by the US president, Barack Obama, for better relations between the two countries, but urged the US to "realise its previous mistakes" as well as end sanctions and drop its support for Israel.
Obama and Israeli Leader Make Taped Appeals to Iran
The groundbreaking message to Iran that President Obama delivered by videotape on Friday was part of a strategy intended to emphasize a positive message to Iran in the prelude to that nation’s presidential election this summer, according to administration officials and European diplomats.
Israeli soldiers admit to deliberate killing of Gaza civilians
The Israeli army has been forced to open an investigation into the conduct of its troops in Gaza after damning testimony from its own front line soldiers revealed the killing of civilians and rules of engagement so lax that one combatant said that they amounted on occasion to “cold-blooded murder”.
Postal Service to Close Offices, Seek Retirements
The U.S. Postal Service said it will offer early retirement to almost one in four workers, close administrative offices and eliminate more than 3,000 jobs as it grapples with a financial crisis.
Tax Time Covert Ops
By Catherine Austin Fitts
How do you prevent a class war? How do you stop people from starting or joining tax resistance movements? Well, believe it or not, you start a race war. You target people who understand their rights and are working to build self sufficiency. If people are afraid, they will want more law and order. So they will pay their taxes. They will worry about the gangs next door instead of the gangs in the City of London. They will not realize the two are intimately connected.
The Fed Did It, and Greenspan Should Admit It
By Frank Shostak
In his Wall Street Journal article from March 11, 2009, former Fed chairman Alan Greenspan rejects the idea that the Fed's low-interest-rate policy between December 2000 and June 2004 fueled the housing bubble, which in turn laid the foundation for the current economic crisis.
Madagascar faces diplomatic isolation
Madagascar is facing international isolation as the African Union has suspended its membership and threatened sanctions, while the United States, France and Germany have rallied behind the deposed president.
Several Clay County (Kentucky) Officials Arrested On Federal Charges
Five Clay County officials, including the circuit court judge, the county clerk, and election officers were arrested Thursday after they were indicted on federal charges accusing them of using corrupt tactics to obtain political power and personal gain
Voting machine maker pays state to settle suit
A Nebraska election-equipment company has paid $3.25 million to settle a lawsuit charging that it used unauthorized hardware in 972 voting machines sold to California counties in 2006 and 2007.
Fake Outrage in Washington
By Robert Weissman
Watch out if you live in or visit Washington, D.C. If you see a camera or microphone, be careful not to be trampled by a politician rushing to shout their "outrage" at AIG, and its brazen scheme to pay $165 million in bonuses to employees at the company unit responsible for driving the company to the edge of insolvency.
States, Not Washington, D.C., Need Our Attention
By Chuck Baldwin
It seems that most everyone focuses his or her attention on what is happening in Washington, D.C. People don't seem to get excited about politics until a national election rolls around or unless the President makes some startling announcement. Even well-meaning Christian leaders seem to spend the vast majority of their time dealing with policies that emanate from Washington, D.C. Already, I'm hearing leaders of the so-called Religious Right talk gushingly about who the next Presidential nominee of the Republican Party will be. Who cares? Do you mean to tell me that with all we have to deal with right now, we can't find anything else to talk about? How shallow--and utterly ineffective--can we be?
Drug raids gone bad
Shopkeepers say plainclothes cops barged in, looted stores & stole cash
TALF raises red flags for U.S. toxic-asset plan
The lack of big investor interest in the debut of the Federal Reserve's consumer lending program is heightening fears private capital will also shun the government's toxic-asset plan amid public outrage over outsized executive bonuses.
Case Against Gun-Store Owner Dismissed
An Arizona court on Wednesday dismissed the case against a gun-store owner accused of looking the other way while front men purchased weapons to deliver to Mexico's drug cartels.
CBS: Rapists allowed to join US military
The military is increasingly issuing something called "moral waivers," so they can enlist military personnel with felony convictions for crimes like rape and sexual assault.
Judge Orders Michigan Couple To Testify Against Themselves
On February 26, 2007 and again on May 2 of that year, a team of U.S. Department of Justice (DOJ) Attorneys and Federal District Court Judge Nancy G. Edmunds of the Eastern District of Michigan tried to order Peter and Doreen Hendrickson to testify against themselves.
A.I.G. Sues U.S. for Return of $306 Million in Tax Payments
While the American International Group comes under fire from Congress over executive bonuses, it is quietly fighting the federal government for the return of $306 million in tax payments, some related to deals that were conducted through offshore tax havens.
What role will China play in G20 summit?
As a major emerging market, what role will China play in trying to salvage the global economy during the upcoming Group of 20 (G20) summit?
Newspaper cuts open door to more political trickery
Political consultants aren't exactly rubbing their hands together and snickering. But as the hired guns look over a landscape of closing newspapers and laid-off investigative reporters, they sense an opening that leaves them both excited and queasy.
One operative told me this week about planting attacks on opponents in partisan blogs, knowing the stories could bleed into mainstream news outlets, without leaving any incriminating fingerprints. Another described how he got green reporters to write stories (no campaign cash wasted!) on ads that the candidate had no intention of ever paying to put on TV.
Albany County's ammunition sales law is way out of step
Gun control at a highly restrictive level New York has never seen before is imbedded in a local law under consideration at the moment by the Albany County Legislature.
Local Law "A" for 2009 would tightly regulate "in the interests of public safety" all ammunition sold in Albany County. Not just ammo for handguns, which already is closely monitored by state law, but all rifle and shotgun ammunition as well. Hunting and target shooting ammo, basically. Anyone buying rounds or shells, even .22s, would have to show identification, declare the gun and have its serial number registered with the ammo seller. The buyer would have to state his intent of use, and could be refused the purchase. The ammo seller, at the same time, would be required to keep records for 10 years.
HR 45 May be More Troubling Than the Average Anti-gun Bill
We may soon see a more horrific, nastier side of Barack Obama... and a capacity to go after his political enemies. And we have to assume that he will view gun owners as just about the most important of those enemies.
Obama Bombshell Redistribution of Wealth Audio Uncovered (Video)
Obama Bombshell Audio Uncovered. He wants to Radically Reinterpret the Constitution to Redistribute Wealth!!
In a 2001 Chicago Public Radio Interview
Obama is discussing the best way to bring about a Redistribution of Wealth!!!
This Video Exposes the radical underneath the rhetoric!!!
Dollar steadies, eyes steepest weekly fall in 24 years
The dollar inched higher on Friday, but was still on track for its biggest weekly drop in 24 years against a basket of currencies as investors feared the Federal Reserve's plans to buy longer-term government debt would undermine the value of the world's main reserve currency.
Latest CIA Scandal Puts Focus on How Agency Polices Self
As a novice CIA case officer in the Middle East, Andrew Warren quickly learned the value of sex in recruiting spies. Colleagues say that he made an early habit of taking informants to strip clubs, and that he later began arranging out-of-town visits to brothels for his best recruits. Often Warren would travel with them, according to two colleagues who worked with him for years.
Why it matters that the Army was on the streets of Samson, Alabama
Now that the Army has conceded that 22 military police soldiers were dispatched from Fort Rucker to Samson, Alabama, in the wake of the horrific mass murder there, local officials are coming out to take responsibility for inviting the military presence and to thank the troops for their assistance.
Constitutionalists, Ron Paul Supporters and Real Terrorists
By Szandor Blestman
By now many of you have probably heard about the Missouri Information Analysis Center (MIAC) report that labeled constitutionalists, Ron Paul supporters and others as possible domestic terrorists. When I first heard about it my first thought was something like, "Oh no, here we go again. The government propaganda machine is at work again. They are trying to equate ordinary folk and peace loving activists with violent extremists." Indeed, from my point of view this seems correct.
The Mother of All Depressions (MOAD)
The US government lit the fuse to the $683 trillion dollar derivative's debt bomb on Wednesday March 18, 2009 with the announcement the Fed would purchase $300 billion dollars worth of US Treasury used toilet paper and an additional $750 billion dollars worth of mortgage backed used toilet paper.
California "tent city" for homeless to be closed
The mayor of California's state capital unveiled plans on Thursday to shut down a sprawling "tent city" of the homeless that has drawn worldwide media attention as a symbol of U.S. economic decline.
A Call to Boycott Monsanto - Seminis Seeds
Did you know that Seminis, “the largest developer, grower and marketer of fruit and vegetable seeds in the world,” is owned by Monsanto?
A Lexicon of Conservative Bullshit
By Dylan Hales
While a large segment of the Alternative Right believes it is time to abandon the term “conservative” altogether, I’m not so sure. From where I stand, turning over an intellectual tradition that includes men like Russell Kirk and Robert Nisbet to a movement that regards Sean Hannity as a serious thinker is surrendering far too much. The reputations of these great men should not become the property of neoconservatives or the warmongering faux-nationalists that now dominate the GOP. Efforts to stop this may be futile or too little too late but out of respect for our tradition, efforts should be made.
UN sees grave war crime in Gaza war
A United Nations human rights investigator says the Israeli military action on densely populated Gaza Strip constitutes grave war crime.
Two US Navy vessels collide in Strait of Hormuz
Two U.S. Navy vessels—a submarine and an amphibious ship—collided early Friday in the Strait of Hormuz between Iran and the Arabian peninsula, the U.S. Navy's 5th Fleet reported.
U.S., Mexican security chiefs to meet on gun trade
U.S. and Mexican security officials will strategize next month on fighting the arms trade fueling Mexico's bloody drug war, but a U.S. ban on assault rifles favored by the traffickers will not be on the agenda.
Obama Envoy Holbrooke Served on AIG's Board
Obama administration special envoy Richard Holbooke was on the American International Group Inc. board of directors in early 2008 when the insurance company locked in the bonuses now stoking national outrage. Holbrooke, a veteran diplomat who is now the administration's point man on Pakistan and Afghanistan, served on the board between 2001 and mid-2008.
Head of the U.N. Environment Program Wants Global Warming Tax
Investments of $750 billion could create a "Green New Deal" to revive the world economy and protect the environment, perhaps aided by a tax on oil, the head of the U.N. environment agency said on Thursday.
Ex-Bush official: Many at Gitmo are innocent
Many detainees locked up at Guantanamo were innocent men swept up by U.S. forces unable to distinguish enemies from noncombatants, a former Bush administration official said Thursday.
"There are still innocent people there," Lawrence B. Wilkerson, a Republican who was chief of staff to then-Secretary of State Colin Powell, told The Associated Press. "Some have been there six or seven years."
Treasury Secretary Timothy Geithner told CNN Thursday his department asked Sen. Chris Dodd to include a loophole in the stimulus bill that allowed bailed-out insurance giant American International Group to keep its bonuses.
Geithner: Treasury pushed for bonus loophole
Treasury Secretary Timothy Geithner told CNN Thursday his department asked Sen. Chris Dodd to include a loophole in the stimulus bill that allowed bailed-out insurance giant American International Group to keep its bonuses.
Gold Re-Couples with Euro, "Dollar Getting Destroyed"
Gold Prices continued to rise for US-Dollar investors early Thursday, hitting $951 an ounce in London's wholesale market as the greenback fell vs. all asset classes.
US admiral condemns China's 'aggressive' actions
A top U.S. commander says China's "aggressive and troublesome" run-in with an unarmed American ship shows that Beijing won't behave acceptably.
Baghdad's water still undrinkable 6 years after invasion
In the absence of adequate sewers, squatters run pipes from their bathrooms into the street, turning it into a standing cesspool. The water lines are poorly sealed, and as the pressure goes down, raw sewage mixes with drinking water, not only for the squatters but also for anyone who relies on that water main.
Sarkozy under pressure as 'millions' take to streets
Bright spring sunshine helped the turnout and the total reported by union organisers surpassed the 2.5 million seen on an earlier day of protest on
Jan. 29.
US court postpones Madoff bail decision
A US court said today that it was delaying a decision on an appeal by jailed Wall Street fraudster Bernard Madoff to be granted bail.
Durban II: no-show is slap in face of victims of apartheid
More and more Western countries are either announcing their boycott or are threatening to boycott Durban II, a United Nations conference scheduled for April to review progress made since the World Conference Against Racism (WCAR) held in Durban, South Africa in 2001, nicknamed Durban I. Earlier this month, Italy became the first EU member to withdraw from the event, stating that it could not endorse a draft agenda that criticizes Israel. Italy followed in the footsteps of Israel, Canada and the United States.
Group says files show US knew of Guatemala abuses
The U.S. government knew that top Guatemalan officials it supported with arms and cash were behind the disappearance of thousands of people during a 36-year civil war, declassified documents obtained by a U.S. research institute show.
Was the Bailout Itself a Scam?
By Paul Craig Roberts
The Bush/Obama bailouts require serious investigation. Were these bailouts necessary, or were they a scam, like “weapons of mass destruction,” used to advance a private agenda behind a wall of fear?
Former President Katsav indicted
Former President Moshe Katsav was indicted on several counts of sexual offences Thursday. The charges were filed with the Tel Aviv District Court.
Chinese spy who defected tells all
A veteran Chinese intelligence officer who defected to the United States says that his country's civilian spy service spends most of its time trying to steal secrets overseas but also works to bolster Beijing's Communist Party rule by repressing religious and political dissent internally.
House passes bill taxing AIG and other bonuses
Acting with lightning speed, the Democratic-led House has approved a bill to slap punishing taxes on big employee bonuses from firms bailed out by taxpayers. Who elected these incompetent morons?
Obama's $500,000 book bonanza
As he empathized with recession-weary Americans, President Obama arranged in the days just before he took office to secure a $500,000 advance for a children's book project, a disclosure report shows.
Obama considers expanding Afghan security force
U.S. President Barack Obama is considering a plan that would double the size of Afghanistan's security force to about 400,000 troops and police officer to stabilize the nation, The New York Times reported on Wednesday.
Records show school held 'cage fights'
The principal and other staff members at South Oak Cliff High School were supposed to be breaking up fights. Instead, they sent troubled students into a steel utility cage in an athletic locker room to battle it out with bare fists and no head protection, records show.
The Geithner-Summers-Bernanke Plan to Prop Up Asset Prices Has Failed
One reason is that economic psychologists tells us that consumer psychology has shifted for many years to come, and Americans are hunkering down and not buying anything other than the bare necessities. The Fed can try to play the part of all of the actors in the economy, but it won't work.
The Radical Polarization of Law Enforcement
By Patrick Wood
Patriots, Christians and concerned citizens are increasingly in the cross hairs of the U.S. intelligence community, and battle lines are being quietly drawn that could soon pit our own law enforcement and military forces against us.
Total Jobless Claims Up By 185,000
The number of Americans collecting jobless benefits for the first-time has dropped slightly but the number of continuing claims has reached another record high at 5.5 million, according to the weekly jobs report from the U.S. Labor Department.
Some rescued companies owe U.S. taxes-lawmaker
Some top recipients of U.S. bailout money owe the federal government more than $220 million in unpaid taxes, a U.S. lawmaker said on Thursday.
Israeli soldiers break ranks over Gaza war
Israel's military was rocked on Thursday by Gaza war veterans' accounts of soldiers' killings of civilians and allegations that deep contempt for Palestinians pervaded its ranks.
House Passes Volunteerism Bill Critics Call Pricey, Forced Service
The House of Representatives passed a measure Wednesday that supporters are calling the most sweeping reform of nationally-backed volunteer programs since AmeriCorps. But some opponents are strongly criticizing the legislation, calling it expensive indoctrination and forced advocacy.
Role and value of U.S. dollar set to fall: Asia think tanks
The role of the U.S. dollar as the key global currency will decline after the financial crisis, and its value may also weaken due to America's current account deficit, officials at some of Asia's top think tanks said.
Obama Drops Plan to Bill Veterans' Private Insurers
President Obama yesterday abandoned a proposal to bill veterans' private insurance companies for the treatment at VA hospitals of combat-related injuries amid an outcry over the measure from veterans' service organizations and members of Congress.
US Army Confirms Israeli Nukes
The Army has let slip one of the worst-kept secrets in the world -- that Israel has the bomb.
The Fight for States’ Rights
The following text was delivered at a rally in defense of the Tenth Amendment, held at the statehouse in Harrisburg, Pennsylvania on March 16, 2009 and organized by Representative Samuel Rohrer. The rally was well attended and the hundreds of people who crowded the rotunda, and who were shown on TV, carried such signs as “Give Us Back States Rights!” and “Guns and Property.” Never has this author seen such an exuberant outpouring of what has been described as the “Alternative Right.” These were the members of the true conservative movement, who would never be invited on to FOX news or asked to write for National Review or the New York Times. In short, they are the real Right, which the media have worked energetically to keep out of view. May their number increase!
Busted while reporting in Alexandria, Va.
By Wayne Madsen
Last night, while meeting the source in O’Connell’s Irish pub in Alexandria, Alexandria police, who apparently had plainclothes police inside the St. Patrick’s Day-jam packed establishment, arrested my source for no apparent reason while I and the source’s wife looked on in shock.
Colin Powell’s former chief of staff: Cheney is ‘evil,’ his fearmongering is ‘assisting’ al Qaeda
Weeks after President Obama was inaugurated, Dick Cheney gave an interview to Politico slamming Obama’s detainee policies and warning that he was making America less safe (charges he repeated again last Sunday). Lawrence Wilkerson, Colin Powell’s former chief of staff who left the Bush administration in protest, wrote an essay on the Washington Note last evening slamming Cheney’s fearmongering. Wilkerson calls Cheney “evil” and says his detainee policies were only “assisting” terrorists.
Attorney general signals shift in marijuana policy
Attorney General Eric Holder signaled a change on medical marijuana policy Wednesday, saying federal agents will target marijuana distributors only when they violate both federal and state law.
Scenes from the recession
The state of our global economy: foreclosures, evictions, bankruptcies, layoffs, abandoned projects, and the people and industries caught in the middle. It can be difficult to capture financial pressures in photographs, but here a few recent glimpses into some of the places and lives affected by what some are calling the "Great Recession".
Symbionese Liberation Army Worked For The Man
This post will have the greatest meaning for older people. Nevertheless, I hope that younger folk will pay attention, because this strange and complex tale from days of yore has a lesson for our own time.
61% Say Secret Ballot Is Fair Way To Vote For A Union
Sixty-one percent (61%) of Americans say it is fair to require a vote by secret ballot if workers want to form a union. The latest Rasmussen Reports national telephone survey found that just 18% say it is not fair to require a secret ballot.
New nationwide strike hits France
Hundreds of thousands of French workers are expected to join the country's second nationwide strike in two months.
Unions are protesting against President Nicolas Sarkozy's economic policies. Unemployment has reached two million and is expected to rise further.
State considers return to gold, silver dollars
A bill being considered in the Montana Legislature blasts the Federal Reserve's role in America's money policy and permits the state to conduct business in gold and silver instead of the Fed's legal tender notes.
Forget the bonuses: AIG can't repay its loans, GAO says
Lost in all the shouting over the $165 million in bonuses paid to executives of disgraced insurer American International Group was this sober message delivered to Congress on Wednesday by a government watchdog: AIG's ability repay its $170 billion in loans from taxpayers has eroded significantly.
Obama Knew About AIG Bonuses and is Assaulting Capitalism! (Video)
This was what I immediately reported when Obama faked outrage while he was the one that gave AIG all the tools they needed to rape the public. This does seem all staged to further demonize free enterprise. How much did Obama’s campaign receive from AIG? Over $100,000!
Death of the Internet
More and more I'm hearing alarmism about the "takeover of the internet" or the "death of the internet". Some in the survivalist and patriot movements fear that any day now, the Federal Government is going to move to take down half of the sites on the World Wide Web, and restrict access to the other half.
White House may seek to bypass filibuster rule in Senate
A top White House official threatened Tuesday to use a congressional rule to force some controversial proposals through the Senate by eliminating the Republicans' power to block legislation.
Peter Orszag, the director of the White House Office of Management and Budget, said the Obama administration would prefer not to use the budget "reconciliation" process that allows measures to pass the Senate on simple majority votes.
Pentagon to end unpopular 'stop-loss' program
The military will phase out its "stop-loss" program the controversial practice of holding troops beyond their enlistment dates for all but extraordinary situations, Defense Secretary Roberts Gates announced on Wednesday.
U.S. Injecting Billions Into Foreign Central Banks
For more than a year, the U.S. Federal Reserve System has been increasingly acting as the world's central bank, injecting hundreds of billions of dollars into foreign government treasuries in an effort to increase liquidity in those countries.
'The End Of History'
By Peter Lavelle
The world is experiencing a paradigm shift that will fundamentally change how we think and live. Conventional wisdoms, some held in the West since the end of World War II and others dating from the end of the Cold War, are not only being challenged, but swept into the dustbin of history.
Six Jewish Companies Own 96% of the World’s Media
“You know very well, and the stupid Americans know equally well, that we control their government, irrespective of who sits in the White House. You see, I know it and you know it that no American president can be in a position to challenge us even if we do the unthinkable. What can they (Americans) do to us? We control congress, we control the media, we control show biz, and we control everything in America. In America you can criticize God, but you can’t criticize Israel…”
Now We Can See Why Open Government Is the Only Way to Go
By Dave Lindorff
If you thought that the banking mess was a horrible rip-off, just try to imagine what level of corruption there must be in the Pentagon and the Intelligence programs that have been operating in absolute secrecy and with no scrutiny for decades!
Prosecutors Charge Madoff's Accountant With Fraud
Bernard Madoff's longtime accountant was arrested on fraud charges Wednesday as authorities blamed him for failing to make the most basic auditing checks that would have exposed an epic fraud that cost investors billions of dollars.
White House Admits Cap-And-Trade Tax Costs Triple Their Official Estimate
I’ve already explained here on the Forum how the cap-and-trade energy tax works, and would be the biggest tax increase in the history of the country. Now, amazingly, the White House is telling something closer to the truth about this tax hike, admitting that the official budget estimate of $646 billion over 8 years—already a mighty steep price to pay—is far, far lower than the real cost.
US births break record; 40 pct. are out-of-wedlock
More babies were born in the United States in 2007 than any year in the nation's history, topping the peak during the baby boom 50 years earlier, federal researchers reported Wednesday.
Dollar plunges on Fed plan to buy Treasurys
The U.S. dollar extended its dramatic plunge against major rivals Wednesday afternoon following the Federal Reserve's surprise decision to expand its financial-rescue strategy to include purchases of $300 billion in longer-term Treasury bonds.
National Debt Hits Record $11 Trillion
The Federal Government’s flood of red ink hit another high-water mark as the Treasury Department quietly reported today that the National Debt hit $11-trillion for the first time ever.
Ron Paul and Peter Schiff on Freedom Watch 03/18/09
Congressman Paul appeared on Judge Andrew Napolitano's internet show to discuss CEO bonuses, corporate bailouts, and further government economic intervention
Hill panel testimony to accuse ACORN of mob tactics
A lawyer for a whistleblower on the activist group ACORN is prepared to tell a House panel Thursday that the group provided liberal causes with protest-for-hire services and coerced donations from the targets of demonstrations through a mob-style "protection" racket.
ACORN to Play Role in 2010 Census
The U.S. Census Bureau is working with several national organizations to help recruit 1.4 million workers to produce the country's 2010 census, including one with a history of voter fraud charges: ACORN.
LP Missouri Condemns Missouri Highway Patrol Training Document as Political Profiling
The Missouri Libertarian Party, the third-largest political party in the state, issued the following statement regarding a “Strategic Report” issued by the Missouri Information Analysis Center (MIAC) on February 22nd, which became known to the public late last week
Fed to Buy $300 Billion of Longer-Term Treasuries
The Federal Reserve plans to buy $300 billion in Treasury securities and acquire more mortgage and agency debt in an effort to bolster housing and hasten the end of the recession.
Netanyahu embraces threat to US security
Israeli prime minister-designate Benjamin Netanyahu has tapped a former spy feared by the United States as his national security advisor.
Claim: Civilian security force on agenda again
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.
The long and sadistic history behind the CIA's torture techniques
In the 20th century, there were two main traditions of clean torture—the kind that doesn't leave marks, as modern torturers prefer. The first is French modern, a combination of water- and electro-torture. The second is Anglo-Saxon modern, a classic list of sleep deprivation, positional and restraint tortures, extremes of temperature, noise, and beatings.
Military Laser Hits Battlefield Strength
Huge news for real-life ray guns: Electric lasers have hit battlefield strength for the first time -- paving the way for energy weapons to go to war.
Kentucky counties fined $400,000 for posting Ten Commandments
Two southern Kentucky counties where officials posted copies of the Ten Commandments in courthouses have been ordered by a federal judge to pay more than $400,000 to the American Civil Liberties Union and citizens who successfully challenged the displays.
TSA: More gate searches in store for fliers
A new, more aggressive effort by airport screeners aims to halt randomly selected passengers for a security check just before they step onto their departing plane, according to a government memo obtained by USA TODAY.
Fannie plans bonuses of up to $611K for 4 execs
Fannie Mae is planning to pay retention bonuses of as much as $611,000 each to several top executives of the government-controlled mortgage finance titan. Sibling company Freddie Mac is planning similar awards.
Misplaced Anger
By Jacob G. Hornberger
It’s nice that people are angry and upset over those bonuses paid by taxpayer-bailout beneficiary AIG, but what fascinates me is the lack of anger and outrage over the really horrific things the federal government has done for the past 8 years, including the invasion and occupation of Iraq, the out-of-control federal spending, the inflation, the mortgaging of our nation to the communist regime in China, the terrible assaults on civil liberties, kidnapping and rendition, torture and sex abuse of prisoners and detainees, indefinite detentions, illegal wiretapping and monitoring of telephone calls and emails, and nullification of the Bill of Rights in cases involving terrorism.
In other words, for 8 years U.S. officials have been taking our nation down the road to dictatorship, financial ruin, and moral debauchery. Yet, all too many Americans haven’t been angry or upset with any of it. Then, along come some bonuses paid to the AIG people and everyone goes ballistic. Order your emergency storable food supply today at eFoodsDirect.com!
