Bernanke, Paulson Pressed to Seek Big-Government Bank Bailout

July 21 (Bloomberg) – Ben S. Bernanke and Henry Paulson are under pressure to embrace the big-government policies of America in the 1930s, or Sweden in the 1990s, to contain the conflagration engulfing the U.S. housing and financial markets.Among the ideas: Using taxpayer money to shore up the capital of loss-ridden Fannie Mae and Freddie [...] continue reading the breaking news

Top 25 Things Vanishing From America: No.1 The Family Farm

Here you will find all Top 25 Things Vanishing From America.This series explores aspects of America that may soon be just a memory — some to be missed, some gladly left behind. From the least impactful to the most, here are 25 bits of vanishing America.1. The Family FarmMy mother grew up on her family’s [...] continue reading the breaking news

Is America too big to fail?

NEW YORK: In the narrative that has governed American commercial life for the last quarter-century, saving companies from their own mistakes was not supposed to be part of the government’s job description. Economic policymakers in the United States took swaggering pride in the cutthroat but lucrative form of capitalism that was supposedly indigenous to their [...] continue reading the breaking news

Governor Proposes Martial Law Choppers For Chicago

Blagojevich wants National Guard helicopters to patrol gun control capital of AmericaThe gun control capital of America - Chicago - where only the criminals are allowed to own firearms - has been hit by a fresh wave of crime and violence, prompting Governor Rod Blagojevich to call for National Guard helicopters to be used in [...] continue reading the breaking news

Raytheon: Directed Energy Weapons Set To Go

FARNBOROUGH, Britain - Work on laser, infrared and microwave defensive systems has reached a high level of readiness, with the possibility of deployment close at hand, a Raytheon executive said at the Farnborough Airshow.Development has advanced on products that can protect troops against mortar rounds, guard against shoulder-launched missiles fired at helicopters and airliners taking [...] continue reading the breaking news

CENTCOM’s Master Plan and U.S. Global Hegemony

Many people deny that the U.S. government presides over a global empire. If you speak of U.S. imperialism, they will fancy that you must be [...] continue reading the breaking news

US general warns Russia on nuclear bombers in Cuba

Installing a missile defense system in eastern Europe is alright and cannot be seen as a provocation, but….__________________________________________________________________________________________Russia would cross “a redline 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 [...] continue reading the breaking news

Thanks to you, impeachment will be heard Friday

President Bush and Vice-President Cheney must be impeached.Added: July 22, 2008Source: YouTubeA message from Congressman Dennis Kucinich.Log on to: http://kucinich.us to sign the petition. continue reading the breaking news

Plane carrying Ron Paul, congressmen makes emergency landing

A plane carrying Ron Paul and six other congressmen made an emergency landing Tuesday.(CNN) - A plane carrying Texas Rep. Ron Paul and six other members of Congress was forced to make an emergency landing Tuesday due to mechanical issues.According to the Federal Avaiation Administration (FAA), Continental Airlines flight 458, a Boeing 737 en [...] continue reading the breaking news

FEMA seeks immunity from suits over trailer fumes

NEW ORLEANS (AP) - The Federal Emergency Management Agency is requesting immunity from lawsuits filed on behalf of Gulf Coast hurricane victims who claim they were exposed to dangerous fumes while living in government-issued trailers.On Wednesday, U.S. District Judge Kurt Engelhardt is scheduled to hear FEMA’s bid to be dismissed from a series of consolidated [...] continue reading the breaking news

FDIC Faces Mortgage Mess After Running Failed Bank

Subprime Lender Made Problem Loans On Regulators’ Watch Federal officials heap much of the blame for the subprime mortgage mess on lenders, claiming they recklessly made too many high-cost home loans to borrowers who couldn’t afford them.It turns out that the U.S. government itself was one of the lenders giving out high-interest, subprime mortgages, some [...] continue reading the breaking news

Exposing Bush’s historic abuse of power

Salon has uncovered new evidence of post-9/11 spying on Americans. Obtained documents point to a potential investigation of the White House that could rival Watergate.Excerpts (Full article follows):“According to several former U.S. government officials with extensive knowledge of intelligence operations, Main Core in its current incarnation apparently contains a vast amount of personal data on [...] continue reading the breaking news

Governor plans to slash state workers’ pay to the federal minimum

Gov. Arnold Schwarzenegger plans next week to slash the pay of more than 200,000 state workers to the federal minimum of $6.55 per hour to help ease the state’s budget crisis, according to a draft executive order obtained by The Chronicle on Wednesday.The governor also will order an end to overtime pay for all but [...] continue reading the breaking news

Ron Paul on the Housing Bill 7/23/08

“The Mother of All Bailouts” Ron Paul talks about the bailout out of the housing industry and how it really just destroys the dollar and adds enormously to the debt.Also, slipped into the bill, was the stipulation that ALL credit card transactions must now be reported to the IRS.Added: July 23, 2008Source: YouTube continue reading the breaking news

Housing bailout bill - another $800 billion gift from the taxpayer to Wall Street

This bill will probably pass in Senate tomorrow. You, your children and generations to come will pay for this. All taxes will be spent servicing this debt.Cost of 5 years of Iraq war: $560 billion Cost of this bill: $800 billionIt will be spent bailing out the same fraudsters who got us into this mess. [...] continue reading the breaking news

Quotes from the Great Depression

September 1929“There is no cause to worry. The high tide of prosperity will continue.” — Andrew W. Mellon, Secretary of the Treasury.October 14, 1929“Secretary Lamont and officials of the Commerce Department today denied rumors that a severe depression in business and industrial activity was impending, which had been based on a mistaken interpretation of a [...] continue reading the breaking news

U.S. government: We know parenting better than you

Proposals would give Washington unprecedented control over kids The U.S. House of Representatives is scheduled to debate two bills that could give the federal government unprecedented control over the way parents raise their children - even providing funds for state workers to come into homes and screen babies for emotional and developmental problems.The Pre-K Act [...] continue reading the breaking news

Are You On the Terror Watch List? Good Luck Getting Off It

The TSA’s “no fly” terrorism watch list contains between 400,000 and 1,000,000 names. If you’re on the list by mistake, good luck getting off of it.After having begun a series of investigative stories criticizing the Transportation Security Administration (TSA) in May 2008, CNN reporter Drew Griffin reports being placed with more than a million other [...] continue reading the breaking news

US Military Recruits Children: “America’s Army” Video Game Violates International Law

“America’s Army” is a video game developed in part by the US Army to lure potential recruits. (Photo: techtarget.com)In May of 2002, the United States Army invaded E3, the annual video game convention held in Los Angeles. At the city’s Convention Center, young game enthusiasts mixed [...] continue reading the breaking news

Obama Delivers Berlin Address: ‘A World that Stands as One’

‘A World that Stands as One’ = ‘A One World Order’ = ‘The New World Order’Sen. Barack Obama’s vote for a federal surveillance law that he had previously opposed has sparked a backlash from his online advocates, who had energized his campaign for the Democratic presidential nomination. Source: CNNThe elite knows that in the coming [...] continue reading the breaking news

2008 Bohemian Grove Guest List Obtained By 9/11 Truth Activists

Guests included George H. W. Bush, David Rockefeller, Henry Kissinger An official guest list for Bohemian Grove’s 2008 midsummer encampment [...] continue reading the breaking news

‘Imperial presidency’ hearing to feature 13 witnesses

Kucinich, Barr, Bugliosi among those testifying The House Judiciary Committee has released a witness list for its hearing to examine “the imperial presidency” of George W. Bush.Testifying Friday morning will be Rep. Dennis Kucinich, who has introduced several resolutions calling for President Bush’s and Vice President Dick Cheney’s impeachment; former Rep. Bob Barr, the Libertarian [...] continue reading the breaking news

Imprisonment By Executive Order

In a victory for tyranny and injustice, a federal appeals court ruled the president has the power to arrest American citizens and imprison them indefinitely without charging them - at whim.Judges of the U.S. Fourth Circuit Court of Appeals in Richmond, Virginia, in a 5-4 decision, ruled that the president can legally, by simply labeling [...] continue reading the breaking news

Bush Impeachment Hearings: Vincent Bugliosi

Vincent Bugliosi’s opening statements during the House Judiciary Committee hearing on the constitutional limits of executive power…are a must see.Vincent Bugliosi: “I have been told that the rules of this house dictate that although I can quote what president George Bush said I am forbidden from accusing him of a crime or even of any [...] continue reading the breaking news

U.S. let bin Laden’s top bodyguard go

GUANTANAMO BAY NAVY BASE, Cuba - Soon after Osama bin Laden’s driver got here in 2002, he told interrogators the identity of the al Qaeda chief’s most senior bodyguard - then a fellow prison camp detainee.But, inexplicably, the U.S. let the bodyguard go.This startling information was revealed in the fourth day of the war crimes [...] continue reading the breaking news

Bush Impeachment Hearings: Bruce Fein

Bruce Fein’s opening statements during the House Judiciary Committee hearing on the constitutional limits of executive power…are a must see.Added: July 25, 2008Source: YouTube continue reading the breaking news

Rep Kucinich Takes Phone Caller Questions on Impeachment

Part 1Added: July 25, 2008Source: YouTubePart 2Added: July 25, 2008Source: YouTubePart3Added: July 25, 2008Source: YouTube continue reading the breaking news

FDIC takes over 2 more banks, closing 28 branches

CARSON CITY, Nev. (AP) - The 28 branches of 1st National Bank of Nevada and First Heritage Bank, operating in Nevada, Arizona and California, were closed Friday by federal regulators.The banks, owned by Scottsdale, Ariz.-based First National Bank Holding Co., were scheduled to reopen on Monday as Mutual of Omaha Bank branches, the Federal Deposit [...] continue reading the breaking news