The precarious position of commercial banking also puts the FDIC at risk. As I wrote two weeks ago, with $45 billion in its insurance fund, and the prospect that WaMu—with $140 billion of insured deposits—could fail, it seems inevitable that FDIC wil
The chairman of the Republican Party in Macomb County Michigan, a key swing county in a key swing state, is planning to use a list of foreclosed homes to block people from voting in the upcoming election as part of the state GOP’s effort to challenge
The 2008 election has many unusual aspects, but none is more bizarre than the sorry spectacle of the bailout for Fannie Mae and Freddie Mac. American voters are like the lambs being led to slaughter and at the very height of the presidential campaign
Check out this thread on Ron Paul Forums. The forum members are very angry that Bob Barr did not show up for the Ron Paul press conference. Bob Barr had backed out 30 minutes before the press conference stating "It's just not worth
2,500 years ago, when there were few books to read and a fast-expanding population of the curious, an Athenian playwright dramatized three big questions in three great tragedies. Where do I come from? How do I prepare for my death? What should I obey
The coverage of the presidential election is designed to be a grand distraction. This is not new, but this year, it’s more so than ever. Pretending that a true difference exists between the two major candidates is a charade of great proportion. Many
As is customary with Apple Events these days, the company has posted a streaming QuickTime video of its September event, where CEO Steve Jobs revealed new iPod nanos, updated iTunes, updated iPod touch and updated iPhone software.
Senator Barack Obama, responding in part to new competition for the women's vote from Republican vice presidential nominee Sarah Palin, outlined his plan to overhaul education yesterday, pledging to double federal funding for public charter schoo
(AP) Comedian Al Franken grabbed the Democratic nomination Tuesday for U.S. Senate in Minnesota, setting up a showdown with Republican Sen. Norm Coleman that had been years in the making.
GENEVA (AP) — The world's largest particle collider successfully completed its first major test by firing a beam of protons around a 17-mile underground ring Wednesday in what scientists hope is the next great step to understanding the makeup of
Penny Currie has a Solar system installation on her home in Peoria, Arizona by United Sustainable Energy and we turn on the power. Call 602-434-1725 Thomas Costanzo
A weak economy and a sharp increase in government spending will drive the federal budget deficit to a near-record $407 billion when the budget year ends later this month, and the next president is likely to face a shortfall in January of well over $5
Newly merged Sirius XM Radio said yesterday that it doesn't have enough cash to pay back the $300 million in debt due early next year but that it has not looked into selling its Northeast Washington building to raise money.
[Hope] lies in American people becoming resentful enough and indignant enough over what has happened to their country, over the loss of dignity in the world, over the starving of human resources in the United States, the starving of education and hea
The Justice Department has threatened to file criminal charges against a former top National Archives official if he testifies as a defense witness in a high-profile national security case.
“Within seconds the bus had become semi-molten, sagging “like a wet rag” as he put it. He said the bus rapidly melted under this withering blast, shrinking until it was a twisted blob about the dimensions of a VW bug. Numerous human bodies shriveled
They said they would not have convicted Montes and Scarmazzo of engaging in a continuing criminal enterprise had they realized the felony carries a mandatory prison sentence of 20 years to life.
It goes without saying that this is a racket. The city is many hundreds of dollars richer because of my penchant for law breaking alone, and probably hundreds of thousands richer if you include everyone else's.
The unusual steps come after speculation negotiations with Korea Development Bank broke down, causing shares of Lehman Brothers to plunge 45%! Puts Lehman's market value at just $5.4 billion, down from $36 billion just one year ago
Stocks tumbled Tuesday, nearly erasing the previous session's big gains, after fresh concerns about the stability of Lehman Brothers punctured a sense of optimism about the financial sector. Each of the major indexes lost more than 2%.
Rep. Ron Paul’s Rally for the Republic. Paul ran a contrarian campaign for the Republican nomination this year on a platform of individual liberty, a foreign policy of non-interventionism, a gold-backed monetary system, and a return to constitutional
With increased manpower in Washington state, Border Patrol agents ignore the border in favor of harassing domestic traffic inside the country at suspicionless checkpoints
Libertarian-leaning congressman Ron Paul is urging voters to reject John McCain and Barack Obama and support one of the third-party candidates for president.
Barr, Baldwin, Nader, and McKinney have agreed to sign on to a four-point plan that includes balancing the federal budget, bringing American troops home, protecting civil liberties and investigating the Federal Reserve.