Samstag, 6. September 2008

US Rescue Seen at Hand for Two Mortgage Giants

Stephen Labaton and Andrew Ross Sorkin, The New York Times: "Senior officials from the Bush administration and the Federal Reserve on Friday called in top executives of Fannie Mae and Freddie Mac, the mortgage finance giants, and told them that the government was preparing to place the two companies under federal control, officials and company executives briefed on the discussions said."


Government to Wipe Out Fannie/Freddie Shareholders by Sunday

By Peter Cohan

And now what could become history's biggest transfer of tax dollars to bail out bad lending begins.

U.S. to take control of Fannie and Freddie: reports

The two government sponsored enterprises (GSEs) own or guarantee almost half of the country's $12 trillion in outstanding home mortgage debt.

Silver State Bank in Nevada is shut

Regulators shut failed Silver State Bank in Nevada; 11th bank failure this year.

9% of homeowners are late with bill or in foreclosure, study says

An industry group says a record 9.2% of American homeowners with a mortgage were either behind on their payments or in foreclosure at the end of June, as damage from the housing crisis continued to mount.

From Information Clearing House

The myth of McCain

Fears in Old Colwyn over planned mobile masts

Sep 6 2008 by David Powell, Daily Post

CAMPAIGNERS worried about possible health risks from radiation are trying to stop Vodafone from putting up two 30ft masts in Old Colwyn.

Two hundred residents have raised concerns with Conwy county councillors Cheryl Carlisle and Brian Cossey.


US-Iraq Agreement Leaked

Maya Schenwar, Truthout: "A leaked version of last month's draft of the proposed US-Iraq status of forces agreement (SOFA) suggests that the Iraqi parliament may not be consulted before it is signed, despite Prime Minister Nouri al-Maliki's promises to do so. The pact would govern the future US presence in Iraq. The draft indicates no intent to set a deadline for withdrawal of 'noncombat' troops from Iraq. It also grants immunity from Iraqi law to US military personnel, no matter where they are located."

When it really matters, information in the US is censored

Ein Handy beeinflusst den Fahrer wie 0,8 Promille

Stuttgarter Zeitung (Abonnement)

40 Euro Bußgeld werden einem Handy-Sünder abverlangt, zuzüglich rund 25 Euro Verwaltungsgebühr. Geahndet wird der Verstoß außerdem mit einem Punkt in der ...


Handy-Verbot von vielen missachtet

Why Can't You Use Your Cell Phone on a Plane?

EPRI To Pay for NIEHS EMF Booklet


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