The $1.1 Trillion HELOC Problem
• Michael Shedlock / MishAmericans owe a staggering $1.1 trillion on home equity loans — and banks are increasingly worried they may not get some of that money back.
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Florida Auction: No bids on most properties
• HeraldTribune.com"This was a disaster," said Fort Lauderdale broker Paul Merlesena as he stood near the door following the auction. "They're basically going to have to give them away now."
John Cusack: Neo-Cons - "complete spiritual bankruptcy"
• Rawstory.comAdding later, "Some of these truths are so horrible you don't want to think about that, but it's just -- I mean the gig's up.
Fed Offers $100 Billion More to Commercial Banks to Fight Credit Crisis
• RawStory.comThe Federal Reserve announced Friday it will auction another $100 billion in April to cash-strapped banks as it continues to combat the effects of a credit crisis.
American Generations Since 1913
• MondorebEveryone's heard of the Baby Boomers and Generation X, but what are the names of the other American Generations?
Journey to the Center of FARK
• MondorebWe interviewed Drew Curtis, founder of FARK.com, on Fark past, present and future--and the squirrel.
Yemeni Playboy Says He's Innocent in Death of Norwegian Beauty
• GinnYemen playboy, Farooq Abdulhak - son of one of Yemen’s richest businessmen, insists he’s innocent in the murder of Norwegian beauty, Martine Magnussen. Yemen won't talk extradition.
Films: "Rendition" & "The Fountainhead" (Christine Smith)
• The Nolan ChartTorture is never justified...& libertarianism and individualism at its heart in Ayn Rand's work
Bush Says Administration Will Expand Socialism in Mortgages
• BloombergPresident George W. Bush said the government will expand efforts to help [irresponsible] homeowners avoid foreclosure as Democrats increase pressure on his administration to reduce unaffordable home-loan payments. [suckers]
Job Market 2009
• twango.comNow that hurts!
Glenn Beck: The $53 trillion asteroid
• Glenn Beck - CNN# $200 billion amount of write-downs announced so far as a result of the current credit crisis. # $14.1 trillion is the size of the entire U.S. economy # And $53 trillion size of this country's bill for the Social Security and Medicare promises
COUP ALERT: The FED is taking over Wall Street
• HousingPanic.blogspot.comRon Paul is going to go nuts when he hears about this.
Computer Hacker Contest makes short work of Vista and Mac's Air
• Cnet News.comA Sony Vaio laptop running Ubuntu remained unscathed at the end of the conference.
SEC Openly Invites Corporations To Lie
• Michael Shedlock / MishIn the end all this does is create more mistrust and suspicion about what is real and what is imaginary. That suspicion may be more damaging than actual disclosure....
Stealthy surveillance robots designed for police, military
• Rawstory.comOther flying spy machines made news, when it was reported that tiny, dragonfly-like machines were seen flying among anti-war protesters in Washington, DC.
Cops bust high school root beer kegger
• Raw StoryCars lining the street. A house full of young people. A keg and drinking games inside. Police thought they had an underage boozing party on their hands. But though they made many dozens of teens take breath tests, none tested positive for alcohol.
ECB to offer markets 150 billion euros as analysts warn of wider crisis
• AFPThe European Central Bank said it would provide banks with 150 billion euros ($235 billion dollars) in additional liquidity, including its first ever six-month refinancing operations.
U.S. forces drawn deeper into Iraq crackdown: Airstrikes, Urban Combat
• ReutersU.S. forces were drawn deeper into Iraq's four-day-old crackdown on Shi'ite militants on Friday, launching air strikes in Basra for the first time and battling militants in Baghdad in heavy clashes.
French recording may be world's first
• APAt first listen, the grainy high-pitched warble doesn't sound like much, but scientists say the French recording from 1860 is the oldest known recorded human voice.
Colleges are watching troubled students
• APOn the agenda: A student who got into a shouting match with a faculty member. Another who harassed a female classmate. Someone found sleeping in a car. And a student who posted a threat against a professor on Facebook.
Charges dropped against Marine in Haditha case
• ReutersMilitary prosecutors dropped all charges against a Marine accused of killing unarmed Iraqi women and children at Haditha in 2005, abruptly dismissing the case on the eve of trial with little explanation. He became the 5th out of 8 to see charges drop
Treasury’s Plan Would Give Fed Wide New Power
• NY TimesThe Treasury Department will propose that Congress give the [private] Federal Reserve broad new authority to oversee financial market stability, in effect allowing it to send SWAT teams into any corner of the industry or any institution that might po
Please,... Steal this Logo!!! (the Ron Paul Revolution Artwork)
Ernest Hancock(I am constantly sought for permission to use the Ron Paul Revolution logo. The following is my standard answer...)
Attorney General Mukasey: Piracy Funding Terror
• AP[RIAA's latest talking point.] Attorney General Mukasey warned the huge profits generated from piracy and counterfeiting are fostering terrorism. Terror groups are funding their operations with money made from intellectual property crimes.
Muslim, UN outrage over Dutch MP's anti-Islam film
• AFPUN chief Ban called Geert Wilders' film offensive while Iran and Bangladesh warned it could have grave consequences and Pakistan protested to the Dutch ambassador. To watch film: http://tinyurl.com/28vmlb (English; violence)
Obama calls for financial regulations, stimulus
• ReutersDemocratic presidential candidate Barack Obama proposed greater government regulation of the U.S. financial system and a new $30 billion economic stimulus plan in response to the housing crisis. [just great, more inflation, more failing regs]
4,000 U.S. deaths in Iraq bring 100 protestors to McCain's office
• www.asuwebdevil.com/Rustling signs, glowing candles and bowed heads illustrated the feelings of Valley protestors Tuesday night as they gathered in Phoenix to honor America's 4,000 fallen soldiers. About 100 anti-war activists gathered outside Sen. John McCain'
Gates orders inventory of US nukes
• wiredispatch.comGates Orders Full Inventory of US Nuclear Weapons, Related Materials After Mistaken Delivery
California Real Estate: The Worst Market in 70 Years
• MyBudget360.comIn the last year median home prices in Sacramento and the High Desert have fallen 31 percent, with the Riverside/San Bernardino median following close behind at -27.2 percent.
Bob Barr, Mike Gravel Eye Libertarian Nod for President
• www.queerty.comMike Gravel may have some competition! The presidential candidate, who yesterday ditched the Democrats for the Libertarian party, will now have to face off against former Congressman Bob Barr.
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