The housing situation is deteriorating even further with the recent report showing that the median price is now back to $250,000; at this level we would have to go back to February of 2002 which means we have erased 6 years of price gains. And we ar
That’s $8,000 per borrower, broken down to $1,600 a year, to offset the cost of mortgage modification. Ross told CNBC’s Squawk Box this morning, “Does anyone really think that all that keeps 9 million people from losing their homes is $1,600 per year
But given the remorseless rise in unemployment, which, if anything, is destined to accelerate in the months ahead, the simple fact that so many people are too strapped to afford to buy a home, is, we believe, the most formidable barrier to even a tep
President Barack Obama signaled Friday he will continue Bush Administration policy with regard to detainees held at a US airbase in Afghanistan, saying they have no right to challenge their detentions in US courts -- and denying them legal status alt
VIDEO (This video is very well done and a very good representation of what actually happened here in Phoenix,... not what the Lame-Stream Media said happened. Please watch this quality production by our friends here in Arizona)
The banking system of Europe is at the edge of the abyss. A brief story by The Telegraph revealed this last week. The original was almost immediately deleted. A new version was substituted. (IMPORTANT READING)
No, the lost city of Atlantis has not been found. Google Earth images showing what appeared to be a grid of streets on the ocean floor off the coast of Africa were actually tracks left by boat sonar.
The Carroll National Guard unit will train on urban military operations by holding a four-day exercise at Arcadia.The purpose of the April 2-5 drill will be to gather intelligence, then search for and apprehend a suspected weapons dealer,
The legislation “restricts the power of a peace officer to confiscate firearms and ammunition in an emergency or during a time of martial law,” according to the website. It is significant that Lieutenant Governor Bryant mentions the law applies to ma
During the darkest 10 years of the Great Depression, from September 1929 to September 1939, the stock market dropped roughly 50%, adjusted for inflation. With today's drop in the stock market, the U.S. has now matched that unfortunate milestone.
Could this be an ominous shadow drawing on the end of the United States of America? For years the Federal Government has presumed to be the all-powerful force governing our country,
With two missile strikes over the past week, the Obama administration has expanded the covert war run by the Central Intelligence Agency inside Pakistan, attacking a militant network seeking to topple the Pakistani government.
On Dec. 4, Staff Sgt. Alberto B. Martinez was found not guilty of killing two New York Army National Guard officers in Iraq — a rare case of soldier-on-soldier violence in the war and a crime for which prosecutors had sought the death penalty.
General Motors Corp. shares on Friday tumbled to their lowest level in more than 70 years, pulled down by a drop in the broader markets and continued speculation about the future of the struggling automaker.
The deepening economic recession hasn't stopped members of Congress from throwing lavish events to raise campaign money for the 2010 election. This weekend, donors to a political action committee run by Rep. Jeb Hensarling are invited
The students wanted NYU to release information on its budget and endowment, including staff salaries and financial aid. The students also wanted the university to release its investment strategy and the names of the people and firms involved in it.
Big Brother CCTV cameras are to be fitted inside shops and supermarkets on the orders of the state to keep track on anybody buying alcohol. A law is being quietly pushed through Parliament to order licensed premises to fit the surveillance cameras. P
Federal water managers said Friday they plan to cut off water, at least temporarily, to thousands of California farms as a result of the deepening drought gripping the state.
A legal commission began work investigating the conduct of a Texas judge who sent a condemned man to his death rather than receive his last-minute appeal after office hours. Sharon Keller -- the Presiding Judge of the Texas Court of Criminal Appeals
The Justice Department has granted Minor just three hours today to visit his dying wife in hospice, accompanied by four armed guards. The Department says they consider Minor a "threat" to society, though he was not convicted of a violent cr
George Mason U. senior Ryan Allen dresses in drag and doesn't mind being called a queen - homecoming queen, to be exact. Allen, who is gay and performs in drag at nightclubs in the region, entered the homecoming contest as his drag queen persona.
President Barack Obama on Friday rejected his transportation secretary's suggestion that the administration consider taxing motorists based on how many miles they drive instead of how much gasoline they buy.
Secretary of State Hillary Clinton faced a storm of criticism from human rights activists on a maiden visit to China after saying she will not let rights concerns hinder cooperation. China had given a nervous welcome to US President Barack Obama, fea
The metallic-looking images show outlines of private body parts... Miller, 34, a sales representative from St. Louis, had no concerns. "It makes me feel a little safer," she said, taking "maybe a few seconds longer — not a big deal.
Chandler PD’s professionalism is in sharp contrast to the authoritarian intimidation tactics utilized in the past by the Arizona Department of Public Safety (DPS), the same agency which helps run the state’s profitable—and illegal—automated ticketing
The global economy may be deteriorating even faster than it did during the Great Depression, Paul Volcker, a top adviser to President Barack Obama, said on Friday.
For all the fears of sophisticated digital intrusions preoccupying many computer security professionals, President Obama’s leading candidates for “cyber czar” also are focusing on taking control of the internet.
Kris Cantu - producer of the film “The United States of Terror” speaks on the recent signing of the Stimulus Recovery Bill of 2009 and what it means to the rounding up of free-thinkers.