Watch the hurricane that is about to hit Texas
• Video linksmultiple beach head video cameras ... give it a watch while they still work.
Page Two
Conversation on a plane: Re: "legal plunder"
• Nolan Chart-Seeking Truth column by C. SmithA conversation of socialism and libertarianism, humanism and spirituality.
Man proves what women have known all along
• videoWoman plays with gun. Man plays with woman. Man not get laid for many weeks.
Watchdog: Leaked photos show troops fly in squalor
• RawstoryUS troops on their way to battlefields in Afghanistan travel in squalor while top military and government officials are cocooned in "comfort capsules" with reclining leather seats and flat-screen TVs. [It is fine to be an officer.]
Blackwater CEO: US government will always need 'companies like us'
• RawstoryBlackwater founder and CEO Eric Prince foresees that "whoever takes over in January, whatever party, the US government is still going to need a lot of this kind of work done. Companies like us are going to be necessary to do the work."
GM, Ford 'On the Verge of Bankruptcy'
• BloombergGeneral Motors Corp. and Ford Motor Co., the two biggest U.S. automakers, have about a 46 percent chance of default within five years, according to Edward Altman, a finance professor at New York University's Stern School of Business.
They tried to take Ron Paul out today
• RawstoryA flight with members of Texas' U.S. Congressional delegation aboard, including former Republican presidential candidate Ron Paul, "took a major nosedive" and was forced to make an emergency landing on Tuesday afternoon, accordin
Daily Show on press idolatry: Call him 'Barack Oboner'
• Comedy Central videoWithin moments, the whole cast of reporters were declaring a phallic affection of the presumptive Democratic nominee, at Rob Riggle's declaration that, "Barack Obama ... Kinda gives me a boner."
The Mother Of All Short Squeezes May End Badly
• www.marketoracle.co.ukIn the words of the notorious 19th century speculator Daniel Drew: "He who sells what isn't his'n must buy it back or go to pris'n."
RON PAUL 4409 -- Stripped, Implanted, and Raped
Google 4409This woman has been Stripped, Implanted, and Raped.
Entered By: Forty Four O Nine
How safe is your bank?
• St. Petersburg TimesDoes the FDIC insure safe deposit boxes if a bank fails? - No. In the event of a bank failure, the FDIC usually arranges for an acquiring bank to take over the failed bank's offices, including locations with safe deposit boxes.
Debt Rattle, July 19 2008: Less corn and more hell
• theautomaticearth.blogspot.comThe British government faces new mayhem on a daily basis, and there’s no stopping it anymore. It will therefore have to be absorbed. And that will mean a return to mass unemployment and subsequent new found poverty.
Islam subway ads cause stir in New York
• CNNAds promoting Islam are to be placed on New York subway cars in September, but a U.S. congressman finds people sponsoring the messages unacceptable.
US general warns Russia on nuclear bombers in Cuba
• RawStory.comNewspaper Iszvestia on Monday cited an unnamed senior Russian air force official in Moscow as saying that Russia may start regular flights by long-range bombers to Cuba in response to US plans to install a missile defense system in eastern Europe.
CONNECTING THE DOTS
With a Planet Full of Beings Like Ourselves: Even the Stars Aren't Safe!
Frosty WooldridgeWhat species wrecks this planet faster than a roller-car derby? Which species poisons, burns, digs and destroys everything in its path? Humanity! Some great philosopher once said, "Humanity is God's worst mistake!"
Bush Administration Promises Full Effort on India Nuclear Deal
• www.voanews.comThe Bush administration says it will do all it can to try to remove remaining obstacles to the U.S.-India nuclear cooperation accord
CONNECTING THE DOTS
U.S. Government No Longer Values Citizenship
Frosty WooldridgeWhy does the US government support illegality over US citizenship? Why do McCain and Obama speak at a racist organization such as La Raza? Why would Obama call ICE agents 'terrorists'? Why do you think America citizens get screwed while ille
Paul announces counter-rally
• Boston GlobeRon Paul, the iconclastic former Republican presidential hopeful, announced today that he will hold a rally at the Target Center in Minneapolis on Sept. 2, as the GOP holds its convention across the river in St. Paul.
Why did it take so long to look at Fannie/Freddie's books?
• www.bloggingstocks.comThey owe $1.5 trillion; they "own or guarantee more than $5 trillion in mortgages"; and they have derivative contracts to hedge $2 trillion worth of mortgage risks. I am curious what else the Fed and the OCC will be looking for as they insp
California Foreclosures Flying Off The Chart
• CalculatedRisk.blogspot.comForeclosure resales have emerged as a significant market factor, accounting for 40.0 percent of all California resale activity last quarter. A year ago it was 5.4 percent.
Eurex Will Offer Central Clearing Service for OTC Derivatives
• www.securitiesindustry.comDesigned to address industry concerns about systemic risk due to backlogs of transaction confirmations in the credit derivatives arena. (this means that the real value of $100's of Trillions in derivatives will be settled, stay tuned)
With transparency and truth in short supply, caution is warranted
• www.financialsense.com"They're ruining what has been one of the greatest economies in the world,'' said Rogers. “Bernanke and Paulson are bailing out their friends on Wall Street but there are 300 million Americans that are going to have to pay for this.*
Markit and DTCC form derivatives trade processing JV
• www.efinancialnews.com/Single gateway for confirming OTC derivative transactions globally and the initiative will accelerate the adoption of electronic processing services across the rapidly growing $454 trillion OTC derivative market where around 50% of transactions are s
The Philly Fed's Graph From Hell - Still think were not in a recession?
• CalculatedRisk.blogspot.comThis recession already looks worse than the one in the early eighties.
FHA Delinquency Crisis: 1 in 6 Borrowers in Default
• whistleblower.ml-implode.comSurprisingly, 4 out of the 10 largest servicers have default rates exceeding 20% of their active servicing portfolios. This translates into 1 out of every 5 borrowers either being delinquent or in foreclosure.
Phoenix Foreclosures: They're Not Just For Outlying Areas Anymore
• HousingDoom.comForeclosures across metro Phoenix number 16,647 for the first half of the year compared with 9,966 during all of 2007 and 1,070 in 2006.
Russia mulls sending bombers to Cuba
• Rawstory.comRussia may start regular flights by long-range bombers to Cuba in response to US plans to build missile defense sites in Eastern Europe, the newspaper Izvestia reported Monday, quoting an official.
Court determines use of file erasure software may indicate wrongdoing
• Schneier on SecurityHelpful Tip: If you EVER plan on erasing a document so it won't be found by the government, make a habit of erasing files a very common part of your routine,...or else.
Fannie, Freddie bailout may have $25 billion tag...for now suckers
• ReutersCongressional budget analysts on Tuesday put a $25 billion cost estimate on a Bush administration plan to bolster mortgage finance giants Fannie Mae and Freddie Mac, but raised questions about a key assumption underlying the plan.
Wachovia loses $8.86 billion, slashes jobs
• ReutersWachovia Corp, the fourth-largest U.S. bank, on Tuesday posted an $8.86 billion second-quarter loss, slashed its dividend and announced the elimination of more than 10,700 jobs after losses tied to mortgages soared.
Watch Streaming Broadcast Live:
