World-News: USA

USA

BANKS AROUND the world still have to reveal about half their likely losses resulting from the financial and economic crisis, the International Monetary Fund said yesterday, warning there was still a "significant" risk of another downward lurch in the global recession.

http://www.irishtimes.com/newspaper/finance/2009/1001/1224255613222.html

Banks With 20% Unpaid Loans at 18-Year High Amid Recovery Doubt

The number of U.S. lenders that can't collect on at least 20 percent of their loans hit an 18-year high, signaling that more bank failures and losses could slow an economic recovery.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aXZinRhF5tlA

We're broke: time for a new tax

Given the country's fiscal hole, former Fed chair Paul Volcker and many tax experts say there may be a need for a value-added tax.

http://money.cnn.com/2009/10/01/news/economy/new_tax_needed/index.htm

U.S. Factory Orders Plunge Unexpectedly in August

New orders to U.S. factories fell in August by the largest amount in five months, as American manufacturers struggle to emerge from the recession.

http://www.foxnews.com/politics/2009/10/02/factory-orders-plunge-unexpectedly-august/

U.S. loses 263,000 jobs in September

The United States lost 263,000 jobs in the month of September and unemployment continued to trend upward to 9.8 percent, according to a new report from the U.S. Department of Labor Bureau of Labor Statistics.

http://dallas.bizjournals.com/dallas/stories/2009/09/28/daily48.html

From Information Clearing House

http://freepage.twoday.net/search?q=IMF
http://freepage.twoday.net/search?q=Paul+Volcker
http://freepage.twoday.net/search?q=financial+crisis
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=fiscal+hole
http://freepage.twoday.net/search?q=taxpayer
http://freepage.twoday.net/search?q=unemploy
http://freepage.twoday.net/search?q=job+loss

rudkla - 3. Okt, 05:44

Judge orders partial release of Cheney CIA leak interview

A federal judge has ordered the Justice Department to release notes and summaries of former Vice President Dick Cheney's 2004 interview with Special Prosecutor Pat Fitzgerald in the CIA leak case, but is allowing the deletion of what may be some of the most interesting details in the documents.

http://snipurl.com/saejd

From Information Clearing House

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Judge's Ruling Means Public May Learn New Details About Cheney's Role in CIA Leak

Jason Leopold, Truthout: "A federal court judge ordered the Justice Department Thursday to release portions of an interview transcript between former Vice President Dick Cheney and the special prosecutor assigned to investigate the leak of covert CIA operative Valerie Plame Wilson and the role Bush administration officials played in her outing six years ago."

http://www.truthout.org/1002092

http://freepage.twoday.net/search?q=Cheney
http://freepage.twoday.net/search?q=Bush+legacy
http://freepage.twoday.net/search?q=Pat+Fitzgerald
http://freepage.twoday.net/search?q=Valerie+Plame
http://freepage.twoday.net/search?q=DoJ
http://freepage.twoday.net/search?q=CIA+leak+case
http://freepage.twoday.net/search?q=Jason+Leopold

rudkla - 3. Okt, 05:39

Italian Prosecutor Urges Prison for Americans in CIA Case

Prosecutor: Italy kidnapping too grave to cover up:

The kidnapping of a terror suspect is too grave a crime to be covered up just to protect government secrets, a prosecutor declared Wednesday in the trial of 26 Americans and seven Italians charged in the abduction of an Egyptian cleric.

http://snipurl.com/saeih

Italian Prosecutor Urges Prison for Americans in CIA Case

An Italian prosecutor has urged a court in Milan to convict and sentence 26 U.S. intelligence operatives to prison terms of up to 13 years for their suspected roles in the 2003 kidnapping of a Muslim cleric.

http://www.voanews.com/english/2009-09-30-voa50.cfm

From Information Clearing House

http://freepage.twoday.net/search?q=terror+suspect

rudkla - 3. Okt, 05:35

Unemployment Rate is Highest in 26 Years

By Kevin G. Hall

The nation's unemployment rate ticked up to 9.8 percent in September, its highest level in 26 years, as employers hastened their pace of layoffs, the government reported Friday in a worse-than-expected jobs report that was sure to quash any notion that the economic downturn is over.

http://www.informationclearinghouse.info/article23615.htm

The Truth About The Economy

Video Interview

Marc Faber and Nouriel Roubini.
http://www.informationclearinghouse.info/article23620.htm

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Unemployment Rate Is Highest in 26 Years

Dean Baker, The Center for Economic and Policy Research: "The data in this report indicates that a turnaround in the labor market is not imminent. Continuing losses of jobs and declines in hours, coupled with stagnant or declining real wages, means that workers’ purchasing power is still falling. There are no further tax breaks scheduled to boost demand and state and local governments are cutting back and raising taxes to address budget shortfalls. The immediate future does not look good."

http://www.truthout.org/100309A

http://freepage.twoday.net/search?q=unemploy
http://freepage.twoday.net/search?q=layoff
http://freepage.twoday.net/search?q=Kevin+G.+Hall
http://freepage.twoday.net/search?q=Marc+Faber
http://freepage.twoday.net/search?q=Roubini
http://freepage.twoday.net/search?q=Dean+Baker

rudkla - 3. Okt, 05:25

Freitag, 2. Oktober 2009

Politics as a war against life

LewRockwell.Com
by Butler Shaffer

10/02/09

The self-interest motivations of individuals assures us that they will always act for the purpose of enhancing their lives, however they define such ends; to be better off after acting than if they had not chosen to act. Liberty is the condition in which individuals are able to act in pursuit of their highest interests. By its very nature, then, liberty enhances the quality of life. By contrast, the state — which is universally defined as an agency with a monopoly on the use of violence within a given territory — never acts to enhance life. It is inconceivable that it could ever do so, for violence forces life to be what it does not choose to be...

http://www.lewrockwell.com/shaffer/shaffer199.html

Informant: Thomas L. Knapp

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

rudkla - 2. Okt, 10:14

"I Would Like To Apologize To The Dead"

By Congressman Alan Grayson

44,789 U.S. residents die every year because they have no health insurance.
http://www.informationclearinghouse.info/article23610.htm

John Murtha's Pork Laden Airport

Video

As the U.S. Stimulus Plan continues, just take a look at the way our politicians spend our tax money.

http://www.informationclearinghouse.info/article23609.htm

US Census Bureau report: 40 million living in poverty

By Kate Randall

The overall poverty rate in the US rose to 13.2 percent in 2008, as workers across all sectors of the economy became jobless and increasing numbers of families were forced into destitution, according to a new government report. Real median household income also declined by 3.6 percent.

http://www.informationclearinghouse.info/article23604.htm

Detroit: Too broke to bury their dead

Money to bury Detroit's poor has dried up, forcing struggling families to abandon their loved ones in the morgue freezer.

http://money.cnn.com/2009/10/01/news/economy/_morgue/index.htm

Foreclosed On Homeowner Wanted Cops To Kill Him

Kurt Aho's home was sold at a foreclosure auction on Tuesday. When the new owners came by and asked him when he was going to vacate, he shot out their tires. He had a beer with a neighbor right before the police came.

http://snipurl.com/s9mhy

From Information Clearing House

http://freepage.twoday.net/search?q=Alan+Grayson
http://freepage.twoday.net/search?q=Murtha
http://freepage.twoday.net/search?q=stimulus
http://freepage.twoday.net/search?q=poverty
http://freepage.twoday.net/search?q=taxpayer
http://freepage.twoday.net/search?q=health+insurance
http://freepage.twoday.net/search?q=jobless
http://freepage.twoday.net/search?q=foreclos
http://freepage.twoday.net/search?q=homeowner
http://freepage.twoday.net/search?q=Kate+Randall

rudkla - 2. Okt, 09:06

A Truly Shocking Guantanamo Story

Judge Confirms That an Innocent Man Was Tortured to Make False Confessions

By Andy Worthington

In four years of researching and writing about Guantánamo, I have become used to uncovering shocking information, but for sheer cynicism, I am struggling to think of anything that compares to the revelations contained in the unclassified ruling in the habeas corpus petition of Fouad al-Rabiah, a Kuwaiti prisoner whose release was ordered last week by Judge Colleen Kollar-Kotelly.

http://www.informationclearinghouse.info/article23603.htm

http://freepage.twoday.net/search?q=habeas+corpus
http://freepage.twoday.net/search?q=Fouad+al-Rabiah
http://freepage.twoday.net/search?q=torture
http://freepage.twoday.net/search?q=Guantanamo
http://freepage.twoday.net/search?q=Andy+Worthington

rudkla - 2. Okt, 09:00