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Wall Street plunged for a second day, triggered by computer gear maker Cisco Systems warning of slumping demand and retailers reporting weak sales for October. Concerns about widespread economic weakness sent the major stock indexes down more than 4
By the time Obama is through making his appointments, all those Hollywood liberals over at the HuffPuffPost will be huffing and puffing with outrage: and, in true Hollywood style, they'll be screaming: "Forget the honeymoon – I want a divorc
4 weeks of strikes. Tens of thousands marching. Workers are demanding wage increases President Toledo promised them during his election campaign, but which he has now agreed with the IMF to shelve.
The most comprehensive report on unregulated credit-default swaps didn't disclose bets in the section of the more than $47 trillion market that helped destroy American International Group Inc.
“To put it very simply, he is our first African American president; or he will be. And we wish him well. But his choice, basically, is whether he’s going to be Uncle Sam for the people of this country, or Uncle Tom for the giant corporations.”
During the 1991 Gulf War, Rahm Emanuel a U.S. citizen volunteered to serve not the U.S. Army but rather the Israeli Army. According to officail reports Rahm was “rust proofing brakes on an army base in northern Israel.”
"We had one supplier go from 92 assault rifles to 12 in one day. Our suppliers are just frantically scrambling." Many people are buying $3,000 worth of guns, accessories and spare parts instead of the more typical $1,000.
Voodoo economics and Mr. Nice Guy knocked out McCain in this 2008 presidential election. There is no “clean politics”.
Most ominously for Republicans, the GOP is increasingly becoming less grand than old - and outdated.
Interest rate cuts, designed to bolster investor confidence, failed to stop world stock markets from sliding today as the prospect of recession hung over Europe and the US.
Former Gov. Eliot Spitzer will not be charged with any crime for his patronage of a prostitution ring, federal prosecutors announced on Thursday.
Dear Ron Paul Revolutionaries, This incredible new pamphlet, "COMMON SENSE; Revisited", deals with the crucial issue of who holds the power; government or the people? This pamphlet clearly explains the difference between indigenous po
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The case of the little Caylee Anthony, has riveted the nation. Caylee’s mother, Casey Anthony, has been charged with seven counts of first degree murder even though Caylee’s body hasn’t been found. DBKP takes a look at other similar cases that involv
Election 2008 will be remembered as a year in which the losing campaign’s aides and advisers acted like losers–with the leaking of anti-Palin gossip months before the election took place–from almost the very moment that John McCain’s pick of Sarah Pa
History tells us that nations caught in this mess, if they pass the event horizon of monetary failure and are representative governments, never escape without passing through a totalitarian regime.
Las Vegas Sands' rush to raise capital ``points to the deterioration of fundamentals, not just for the company, the fundamentals of Las Vegas,'' said Dennis Farrell, a debt analyst with Wachovia
Gov. Arnold Schwarzenegger unveiled a plan today for a steep sales tax increase, new levies on alcoholic drinks and the oil industry, and deep cuts in services to wipe out a budget shortfall that is expected to swell to more than $24 billion by the m
Look for the national debt to surpass $12 trillion next year. CNN published a good piece today summarizing all the bailouts to date. They put the price tag, so far, at $3 trillion. That’s not money we’ve spent yet, it’s commitments the Feds have m
Ron Paul Hits one out of the park!
The Bernanke Twist is a direct effort to try and support prices; to stop destructive debt deflation. We are in uncharted territory though. The Fed is not just trying to game the market in US government debt. It’s trying to support the entire asset-ba
Yep, 420+ Phoenix residents will soon be in the unemployment line as their jobs have been shipped overseas to Indonesia and Malaysia starting late this year. (Honeywell is having company wide meeting TODAY!)
Meredith Whitney spoke to Maria from the trading floor. She was sharp as usual, talking about the banks. She gave her predictions for the future of the financials and was especially poignant on Wells Fargo, predicting $20 per share.
A former aide to President Clinton, Emanuel also engineered passage of the North American Free Trade Agreement.
Dear Editor, When the Founding Fathers established our form of Government it was not based upon a two party system. It was a "Republic" form of government of the people for the people and by the people. In other words, we are N
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The reasoning cited is the "ill effects of second-hand smoke". As opposed to the "ill effects" of not having a f%king family, which is so much more minor in comparison.
A call to unity “And he will turn many of the children of Israel to the Lord their God. He will also go before Him in the spirit and power of Elijah, 'to turn the hearts of the fathers to the children,' and the disobedient to the wi
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In a heartbreaking defeat for the gay-rights movement, California voters put a stop to gay marriage, creating uncertainty about the legal status of 18,000 same-sex couples who tied the knot during a 4-month window of opportunity opened by the state**
With all precincts reporting, preliminary election results showed House Speaker Pelosi with 72% of the vote. Sheehan, who appeared on the ballot as an independent, garnered 17% support. Republican Dana Walsh received 9% of the vote and Libertarian Ph
Tensions between American forces and the Afghan government over civilian casualties from coalition airstrikes spiked again after a missile from a US aircraft killed 40 civilians and wounded 28 others at a wedding party in the southern province of Kan
[now the election's over] Mayor Michael Bloomberg said he would immediately halt a popular $400 property tax rebate and he might need to raise the city’s personal income tax by up to 15% to help plug a budget shortfall expected to hit $4 billion
