Member Submitted News

Oct 02 08:23

Homer Simpson Tries To Vote For Obama (VIDEO)

Homer tries to vote for Barack Obama, but runs into a few problems.

Oct 02 07:33

US economic dominance over - Russia

THE era of US global economic dominance is over and the world now needs a new and "more just" financial system, Russian President Dmitry Medvedev said today.

"The time of domination by one economy and one currency has been consigned to the past once and for all," Mr Medvedev said in an address to a Russian-German development forum, with German Chancellor Angela Merkel at his side.

"We must work together towards building a new and more just financial-economic system in the world based on the principles of multipolarity, supremacy of the law and taking account of mutual interests."

Oct 02 07:30

London 2012 Olympics Feels The Credit Crunch

The credit crunch is leaving its mark on everybody and everything, even future developments. The building work for the London 2012 Olympic games is no different. The banking collapse has seen developers take the strain and put the building of the Olympic village and many other centres tied into the 2012 Olympics on the line. The matter is so serious that there is talk that the Government may have to step in and become guaranteer, for bank loans for the developers.

Oct 02 07:23

Mars Clay "Layer Cake" Adds to Proof of Watery Past

A Martian "layer cake" of clay minerals sliced open by an ancient channel adds to evidence of the red planet's watery past, according to a new study.

The clays could be key to determining which areas of Mars, if any, were habitable and how long life-sustaining conditions might have lasted.

"We see big, deep clay deposits, so there must have been water for a long time," said study co-author Janice Bishop of the SETI Institute and NASA Ames Research Center in Mountain View, California.

Oct 02 07:21

Wreckage Spotted in Fossett Search

California authorities said they have spotted wreckage of a plane in an area where a hiker discovered identification cards belonging to Steve Fossett, the millionaire adventurer who vanished more than a year ago after embarking on a solo flight.

Oct 02 07:16

FBI Prevents Agents from Telling 'Truth' About 9/11

The FBI has blocked two of its veteran counterterrorism agents from going public with accusations that the CIA deliberately withheld crucial intelligence before the Sept. 11, 2001 attacks.

Oct 02 07:15

[Video] McCain on the bailout bill he supported last night: "This bill is putting us on the brink of economic disaster"

John McCain was on "Morning Joe" a few minutes ago to talk mostly about the bailout bill. His answers were, as usual, discombobulated as he ranted about Washington (as if he hasn't served in D.C. for 26 years.) When pressed as to why he voted for the bailout package given all his ranting and complaining, McCain responded "This bill is putting us on the brink of economic disaster." Does McCain know that he voted for the bailout bill?

Oct 02 06:57

India's outsourcing bubble is bursting

Once a high-flying tech hub, Bangalore is seeing more sober days in the wake of the credit crisis.

It looks like the global economic turmoil and the dramatic Wall Street meltdown is beginning to hit Bangalore.

Until recently, in India's outsourcing hub it used to be one big Googlefest, with all the pampering and cosseting that employees enjoy at the company's Googleplex headquarters in Silicon Valley. I don't know what the latest from Googleplex is. But in Bangalore, it sure looks like the party is slowing down.

Oct 02 06:53

Check Your Registration and Polling Place

Make sure you are registered to vote by the deadline in your state, and find out where you vote on election day. Many voters went to the polls in the primary election and discovered they weren't on the registration rolls. Don't let that happen to you.

Oct 02 05:38

How the financial bubble burst

The roots of the panic in financial markets around the world are deep and complex but they lie in the convergence of three factors.

Millions of people pursuing the "American dream" of home ownership, politicians and regulators who dismantled a system of financial safeguards and then ignored warnings of impending disaster, and financial markets and institutions disregarding risk in their headlong pursuit of profit.

Oct 02 02:43

Bid of $1.75 on eBay gets abandoned Saginaw home

With a winning bid of just $1.75, a Chicago woman has won an auction for an abandoned home in Saginaw. Joanne Smith, 30, recently was the top bidder for the home during an auction on eBay, The Saginaw News reported. Her bid was one of eight for the home. "I am going to try and sell it," she told the newspaper. "I don't have any plans to move to Saginaw."

There's a notice on the door of the home saying a foreclosure hearing is pending, the newspaper said. She must pay about $850 in back taxes and yard cleanup costs.

Oct 01 23:53

The Art of Politics

Jim Kirwan

Oct 01 23:48

Not One Dime! By Mike Whitney

01/10/08 - "ICH" - -- The mystery has been solved.

For nearly a year, we have been asking ourselves why the investors and foreign banks that bought up hundreds of billions of dollars of worthless mortgage-backed securities (MBS) from US investment banks have not taken legal action against these same banks or initiated a boycott of US financial products to prevent more people from getting ripped off?

Oct 01 23:18

Senate passes $700B rescue; House votes lured

WASHINGTON - After one spectacular failure, the $700 billion financial industry bailout found a second life Wednesday, winning lopsided passage in the Senate and gaining ground in the House, where Republicans opposition softened.

Senators loaded the economic rescue bill with tax breaks and other sweeteners before passing it by a wide margin, 74-25, a month before the presidential and congressional elections.

Oct 01 22:49

Alabama County Misses Bond Payment

Jefferson County, Alabama, will vote tomorrow on extending for a week the agreement with creditors that has allowed it to avoid making full payments on some of the $3.2 billion of bonds that have pushed it toward bankruptcy.

Oct 01 21:11

Foreclosure Alley

For the past few years, the Inland Empire in Riverside County has been one of the fastest growing counties in the state - home to a major housing boom. But now the Inland Empire is pretty much the poster child for the foreclosure crisis. SoCal Connected tracked down some surreal sights associated with the crisis, including a guy who started a business turning abandoned, dead lawns green - with spray-paint.

Oct 01 21:08

VIDEO: McCain: "I always aspire to be" a "dictator!" Des Moines Register interview

Discussing the Wall Street bailout yesterday during an interview with the Des Moines Register editorial board, Sen. John McCain (R-AZ) said the failure of Congress to act is “just not acceptable.” Then — presumably making an attempt at humor — McCain added that, if only he were a dictator, then the bill would be just right:

Oct 01 21:03

The Nearly $700 Billion Payout No One Talked Much About

Decrier of American expansionist foreign policy Chalmers Johnson gripes at Antiwar.com (scroll down a bit) about how no one paid much mind to the casual passage by the House this week of a $612 billion defense authorization:

Oct 01 20:22

The Financial Crisis is a Failure of Government Policy

The credit crunch and foreclosure problems are failures of government policy. In fact, what we see now is a market correction to foolhardy government policy. Congress' move to bailout lenders and borrowers who made poor decisions will simply create incentives for people to make unwise decisions in the future. English philosopher Herbert Spencer said, "The ultimate result of shielding men from the effects of folly is to fill the world with fools."

Oct 01 19:51

[Video] Mad As Hell ...

Clip From Network (1976)

Oct 01 19:41

12 members who might switch their vote

Check out the article, and contact your rep if he or she is on this list.

Oct 01 19:20

Obama calls for military service from every single American youth, CNN, (10/01/08)

Serve your country and we will give you an education.

Oct 01 18:55

The Financial Disappearing Act of 2008

The financial markets are in a crisis of confidence because the US government is debasing its currency and stiffing its creditors. Uncle Sam is a deadbeat and the world knows it. The world is worrying what to do about the useless paper it's holding. That's what the panic is about.

Oct 01 18:50

Senate passes billionaire bailout

The measure was passed by a vote of 74 to 25 after more than three hours of floor debate in the Senate. Both presidential candidates, Sens. Barack Obama, D-Illinois, and John McCain, R-Arizona, voted in favor.

Oct 01 17:34

Obama's Race to Lose; Pressure Points on Palin

Rule One: When a campaign starts attacking the media, things aren't going well.

Rule Two: When a campaign says the polls are wrong, things aren't very good.

Rule Three: When a campaign says "the only poll that counts is the one on election day" usually means a campaign is about to lose.

Oct 01 17:10

[Video] Cynthia McKinney - 5000 "Black Looters" Executed During Katrina

Cynthia McKinney reveals 5000 executed during Katrina....No evidence given but a huge statement to be researched.

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