World-News: USA

USA

Pentagon budget must rise to fund current plans

An average of $567 billion would be needed annually, in constant 2010 dollars, from 2011 to 2028, not including any war funding, the nonpartisan Congressional Budget Office estimated.

http://www.forbes.com/feeds/afx/2009/11/19/afx7141640.html

Problem mortgages hit new high at 14 percent

More than 14 percent of borrowers were in trouble on their mortgage during the third quarter, a new record, according to an industry survey released Thursday.

http://www.washingtonpost.com/wp-dyn/content/article/2009/11/19/AR2009111903885.html

How many delinquencies are on new mortgages?

Mortgage delinquencies keep rising and are now occurring in a huge way among borrowers who had been rated good credit risks. Just about every category of mortgages gone bad hit a new record in the third quarter, according to the Mortgage Bankers Association.

http://snipurl.com/tc6st

New wave of foreclosures lurks as defaults pile up

Unless foreclosure modification efforts begin succeeding on a permanent basis - a scenario that many analysts think is unlikely - millions more foreclosed homes will come to market.

http://www.charlotteobserver.com/topstories/story/1065863.html

Banks face major commercial real estate storm

Sooner or later, office buildings and other commercial real estate financed during the credit bubble will generate hurricane-scale losses for banks.

http://www.reuters.com/article/email/idUSTRE5AH5FM20091118

From Information Clearing House

http://freepage.twoday.net/search?q=Congressional+Budget+Office
http://freepage.twoday.net/search?q=war+funding
http://freepage.twoday.net/search?q=bubble
http://freepage.twoday.net/search?q=mortgage
http://freepage.twoday.net/search?q=foreclosure
http://freepage.twoday.net/search?q=real+estate

rudkla - 21. Nov, 10:47

Get Out Of My Country

Interview With Malalai Joya

A lone Afghan woman is making her way across to Canada arguing that our troops and all foreign forces should get out.

http://www.informationclearinghouse.info/article24026.htm

Outrage as Nato attack 'kills Afghan civilians'

A joint Afghan-Nato raid has outraged Afghan villagers, who claim innocent civilians were killed. The operation took place in the village of Haiderabad in Ghazni province early on Friday morning.

http://english.aljazeera.net/news/asia/2009/11/2009112016917138492.html

Afghan governor turned 3,000 men over to Taliban

"Lots of people, including my family members, went back to the Taliban because they had lost respect for the government. The British bore the brunt of this because the Taliban became the defenders of Helmand, where the local tradition doesn't allow foreigners to go into people's homes."

http://snipurl.com/tc6li

From Information Clearing House

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National Peace Groups: Peace Groups Call Nationwide Phone-In to White House Against Afghanistan Escalation

http://www.commondreams.org/newswire/2009/11/20-8

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Angela Keaton’s speech to the L.A. End the Fed! rally 11/22/09

Stress
by Angela Keaton

11/22/09

You are intelligent people. You have eyes and ears. You know that today is more than a protest of currency based on magic beans and wishful thinking. We are demanding that not one more generation of young people be sent back to their mothers in body bags. We are demanding that not one more dime of fiat currency be used to murder innocent men, women and children with whom we have no quarrel. We are demanding an end to imperialism based on our labor, our treasure...

http://tinyurl.com/y9mvf6o

The Democrats’ war tax

AntiWar.Com
by Justin Raimondo

Sen. Carl Levin has a solution to the problem of how to finance our losing, futile war in Afghanistan — a war we are fighting to support what has now been officially deemed the second most corrupt government on earth: he wants a war tax. An ‘additional income tax to the upper brackets, folks earning more than $200,000 or $250,000′ a year is what the Michigan Democrat and powerful chairman of the Senate Armed Services Committee proposes. His colleagues in the House have the same idea, only their tax is far less ‘progressive.’ David Obey, chairman of the influential Appropriations Committee, John Murtha, who chairs the Defense Subcommittee, and Barney Frank, the banksters’ catamite who heads up the House Financial Services Committee, have proposed the ‘Share the Sacrifice Act of 2010′ — and isn’t that a title worthy of Atlas Shrugged’s mealy-mouthed villains?

http://original.antiwar.com/justin/2009/11/22/the-democrats-war-tax/

Informant: Thomas L. Knapp

http://freepage.twoday.net/search?q=Carl+Levin
http://freepage.twoday.net/search?q=Murtha
http://freepage.twoday.net/search?q=Barney+Frank
http://freepage.twoday.net/search?q=Afghanistan
http://freepage.twoday.net/search?q=Pakistan
http://freepage.twoday.net/search?q=drone
http://freepage.twoday.net/search?q=Taliban
http://freepage.twoday.net/search?q=civilian+deaths
http://freepage.twoday.net/search?q=body+bag
http://freepage.twoday.net/search?q=imperialism
http://freepage.twoday.net/search?q=Sacrifice+Act
http://freepage.twoday.net/search?q=Malalai+Joya
http://freepage.twoday.net/search?q=Scott+Horton
http://freepage.twoday.net/search?q=raimondo

rudkla - 21. Nov, 10:26

Secession from Obama’s America

http://www.lewrockwell.com/spl/secession-from-obamas-america.html

Begging and Bowing
http://www.lewrockwell.com/maloney/maloney18.1.html

Secession and the State Militia
http://www.lewrockwell.com/longcore/longcore12.1.html

http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=secession
http://freepage.twoday.net/search?q=Zach+Jones
http://freepage.twoday.net/search?q=/maloney
http://freepage.twoday.net/search?q=/longcore

rudkla - 21. Nov, 09:43

The Pending Collapse Of The U.S.A.

Fed Audit Shield Takes Blow After Ron Paul Proposal Advances
http://www.lewrockwell.com/paul/paul610.html

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Bill To Audit Federal Reserve Passes Key Hurdle

By Ryan Grim

In an unprecedented defeat for the Federal Reserve, an amendment to audit the multi-trillion dollar institution was approved by the House Finance Committee with an overwhelming and bipartisan 43-26 vote on Thursday afternoon despite harried last-minute lobbying from top Fed officials and the surprise opposition of Chairman Barney Frank (D-Mass.), who had previously been a supporter.

http://www.informationclearinghouse.info/article24018.htm

The Great Stimulus Debate of '09

"Crybabies need not apply"

By Mike Whitney

Barack Obama has decided to push the economy back into recession, and no one can figure out why. Perhaps the impressionable Obama has come under the spell of the deficit hawks and crystal gazers who see Armageddon around every corner.

http://www.informationclearinghouse.info/article24025.htm

The Pending Collapse Of The U.S.A.

By Timothy V. Gatto

The truth that most people realize but can't openly talk about is that America has seen better days and that the system of capitalism has long outlived its usefulness.

http://www.informationclearinghouse.info/article24020.htm

Economic Crisis Is Getting Bloody

Violent Deaths Are Now Following Evictions, Foreclosures and Job Losses

By Nick Turse

Despite ever rosier economic predictions and a surging stock market, the body count from the economic crisis is destined only to grow in the weeks and months ahead.

http://www.informationclearinghouse.info/article24023.htm

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Seven big lies about the stimulus

National Review
by Stephen Spruiell

11/24/09

1. Raises = jobs: This one turns out to be pretty common. For example, the Associated Pressreported that one nonprofit in Georgia used stimulus money to give its employees raises, then multiplied its total number of employees (508) by the percentage points of the raises (1.84) and told the White House that the stimulus had saved 935 jobs. (Its directors said they were just following instructions they received from the White House.) Other nonprofits did the same. According to the AP, this fraud exaggerated the number of jobs created or saved by 9,300...

http://tinyurl.com/ylnqr6k

Informant: Thomas L. Knapp

http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=Barney+Frank
http://freepage.twoday.net/search?q=capitalism
http://freepage.twoday.net/search?q=economic+crisis
http://freepage.twoday.net/search?q=recession
http://freepage.twoday.net/search?q=stimulus
http://freepage.twoday.net/search?q=Federal+Reserve
http://freepage.twoday.net/search?q=stock+market
http://freepage.twoday.net/search?q=foreclosure
http://freepage.twoday.net/search?q=job+loss
http://freepage.twoday.net/search?q=Ron+Paul
http://freepage.twoday.net/search?q=com/paul
http://freepage.twoday.net/search?q=Scott+Lanman
http://freepage.twoday.net/search?q=Ryan+Grim
http://freepage.twoday.net/search?q=Mike+Whitney
http://freepage.twoday.net/search?q=Timothy+V.+Gatto
http://freepage.twoday.net/search?q=Nick+Turse
http://freepage.twoday.net/search?q=Stephen+Spruiell

rudkla - 21. Nov, 09:39

Decide How (Not If) the Government Will Default

http://www.lewrockwell.com/north/north784.html

http://freepage.twoday.net/search?q=com/north

rudkla - 21. Nov, 09:35

Freitag, 20. November 2009

The financial crisis: What we (still) haven’t learned

Acton Institute
by Samuel Gregg

11/18/09

It’s over a year now since the 2008 financial crisis spread havoc throughout the global economy. Dozens of books and articles have appeared to explain what went wrong. They identify culprits ranging from Wall Street financiers overleveraging assets, to ACORN lobbying policy-makers to lower mortgage standards, to politicians closely connected to government-sponsored enterprises such as Freddie Mac and Fannie Mae failing to exercise oversight of those agencies. As time passes, armies of doctoral students will explore every nook and cranny of the 2008 meltdown. But if most governments’ policy responses to the crisis are any guide, it’s apparent that many lessons from the financial crisis are being ignored or escaping most policy-makers’ attention. Here are five of them...

http://tinyurl.com/yg9wy3e

Informant: Thomas L. Knapp

http://freepage.twoday.net/search?q=financial+crisis
http://freepage.twoday.net/search?q=Wall+Street
http://freepage.twoday.net/search?q=Freddie+Mac
http://freepage.twoday.net/search?q=Fannie+Mae
http://freepage.twoday.net/search?q=mortgage
http://freepage.twoday.net/search?q=Samuel+Gregg

rudkla - 20. Nov, 11:58

Jeder siebte US-Amerikaner hungert zeitweise

Die Zahl der US-Haushalte, die aus Geldmangel zeitweise hungern, ist im Vorjahr von 13,0 Millionen auf 17,1 Millionen angestiegen.

http://www.heise.de/tp/r4/artikel/31/31530/1.html

Im Irak droht Obamas Abzugsplan ins Stocken zu geraten

In Afghanistan waren die Wahlen ein Desaster, im Irak ist nun wieder unsicher, ob sie tatsächlich im Januar stattfinden können.

http://www.heise.de/tp/r4/artikel/31/31533/1.html

http://freepage.twoday.net/search?q=Hunger
http://freepage.twoday.net/search?q=Obama

rudkla - 20. Nov, 10:06