World-News: USA

USA

The U.S. dollar continued to tumble against most Asian currencies Thursday, prompting a wave of foreign-exchange intervention by central banks in South Korea, Taiwan, the Philippines and Thailand seeking to limit damage to their export industries.

http://snipurl.com/sejxh

Budget deficit hit record $1.4T in 2009

The federal budget deficit tripled to a record $1.4 trillion for the 2009 fiscal year that ended last week, congressional analysts said Wednesday.

http://www.nbc26.com/Global/story.asp?S=11276306

Treasuries Fall After Weaker-Than-Forecast Demand at Bond Sale

Treasuries declined after the government's $12 billion auction of 30-year bonds drew weaker- than-forecast demand.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aoRzFRtXIRdA

34 banks don't pay their quarterly TARP dividends

In a sign that more banks are under great pressure from the recession, 34 financial institutions did not pay their quarterly dividends in August to the Treasury on funds obtained under the Troubled Asset Relief Fund (TARP). The number almost doubled from 19 in May when payments were last made, and also raised questions about Treasury's judgment in approving these banks as "healthy"...

http://snipurl.com/sejy2

Fed Ratchets Up Warnings on Commercial Real Estate Debt

Two officials from the U.S. Federal Reserve issued strong signals this week that the central bank is very concerned over the banking industry's exposure to commercial real estate loans and considers it to be a major stumbling block to the road to economic recovery.

http://snipurl.com/sejyo

Bankruptcy Filings Spiking: Chapter 7 Booming

It is interesting what passes for good news in today's market. For example, Alcoa announced a profit for the third quarter. Good news right? Well if you look into the details the company has cut 18,000 jobs in the 12 months ending on June 30th and also planned on cutting an additional $2.4 billion in costs. In this economic crisis people need to look at the details before assuming something is just good news.

http://snipurl.com/sejz5

From Information Clearing House

http://freepage.twoday.net/search?q=economic+crisis
http://freepage.twoday.net/search?q=recession
http://freepage.twoday.net/search?q=recovery
http://freepage.twoday.net/search?q=Treasury
http://freepage.twoday.net/search?q=Federal+Reserve
http://freepage.twoday.net/search?q=budget+deficit
http://freepage.twoday.net/search?q=treasuries
http://freepage.twoday.net/search?q=bond+sale
http://freepage.twoday.net/search?q=TARP
http://freepage.twoday.net/search?q=bankruptcy

rudkla - 9. Okt, 09:39

Japan threatens to kick out US troops

Japan is threatening to ask US troops based on the island of Okinawa to leave the country amid growing resentment over crime.

http://snipurl.com/sejwp

Egyptian imam seeks $10 million in CIA renditions trial

Twenty-six Americans, all but one believed to be CIA agents, face between 10 and 13 years in jail for kidnapping, but are being tried in absentia. The United States has ruled out extraditing them, so any conviction would be purely symbolic.

http://www.reuters.com/article/worldNews/idUSTRE5964FC20091007

From Information Clearing House

http://freepage.twoday.net/search?q=rendition

rudkla - 9. Okt, 09:34

What's Changed in Washington?

Health Care Reform
Saving American Lives

Keith Olbermann Special Comment

Death is the issue! How can we not be unified against death? I want my government helping my father to fight death! I want my government to spend taxpayer money to help my father fight to live and I want my government to spend taxpayer money to help your father fight to live! I want it to spend my money first on fighting death. Not on war! Not on banks! Not on high speed rail!

http://www.informationclearinghouse.info/article23672.htm

What's Changed in Washington?

By Laura Flanders

Think things have changed in Washington? You might be surprised by a quick review of today's headlines.

http://www.informationclearinghouse.info/article23673.htm

http://freepage.twoday.net/search?q=what+change
http://freepage.twoday.net/search?q=healthcare
http://freepage.twoday.net/search?q=taxpayer
http://freepage.twoday.net/search?q=Olbermann
http://freepage.twoday.net/search?q=Laura+Flanders

rudkla - 9. Okt, 09:24