Member Submitted News

Sep 26 18:01

Daily Show: Bush 'won't be satisifed until American children are eating roadkill'

Stewart turned next to Daily Show analyst John Oliver, saying, “After Katrina, after Iraq … I didn’t think there was another area that these guys could screw up.”

“It wasn’t easy,” Oliver replied. “It was like finding a vein on a failure junkie.”

“Is this economic crisis, then, sort of the turd icing on this administration’s shitcake?” Stewart wondered.

“Don’t count them out, Jon,” Oliver cautioned. “It’s a long way to January.”

“You think there’s more out there?” Stewart asked. “What’s left for them to — decomplish, if you will.”

Sep 26 17:51

[Video] John McCain's "Yes I Can"

Sep 26 17:49

[Video] Putin message for west and USA

Sep 26 16:55

[Video] REID: McCain was silent at the White House; Lacks Temperament to be president

Sen. Harry Reid gives an inside account of the White House meeting on 9/25/08, reporting Sen. John McCain barely said a word, and that his participation "blew up" negotiations on Capitol Hill. Reid says McCain's behavior this week shows he doesn't have the temperment to be President.

"He is erratic."

Sep 26 12:40

Why is a U.S. Army brigade being assigned to the "Homeland"? by Glenn Greenwald

For more than 100 years -- since the end of the Civil War -- deployment of the U.S. military inside the U.S. has been prohibited under The Posse Comitatus Act (the only exceptions being that the National Guard and Coast Guard are exempted, and use of the military on an emergency ad hoc basis is permitted, such as what happened after Hurricane Katrina). Though there have been some erosion of this prohibition over the last several decades,~~snip~~ the bright line ban on using the U.S. military as a standing law enforcement force inside the U.S. has been more or less honored -- until now.

Sep 26 12:07

They have done more to hurt this nation than bin Laden could ever dream of.

Robert Scheer: "I don’t know why we’re not considering criminal charges against these people."

Sep 26 11:30

Blast from the Past: Peter Schiff on FOX

Peter Schiff appeared on Fox News’ “Bulls and Bears” on December 16, 2006, and warned about the future of the economy. Playing fast and loose with money and endlessly borrowing would come back to haunt us, he said.

He was overwhelmingly laughed at for his assertions. “Our housing market is great!”, they proclaimed, fighting through fits of giggling.

Sep 26 09:53

The Bailout Reader

It's never been more important to spread a sound view of money and banking, not only as a protection against the fallacies of "stabilization" and "reflation" but also as way to see what kind of reforms are essential now.

Sep 26 09:18

AP: "it was hard to tell who had suffered a worse evening, Bush or McCain."

So, get this straight: McCain made a big announcement that he was suspending his campaign (which he didn't do) and planning to bag the first debate because of the economic crisis. He swooped into D.C., caused a stir -- but no one knows what his position is. That's some kind of crazy. He hasn't solved the problem. It's no kind of leadership.

Sep 26 09:13

No cash for trash!

a non-partisan effort against the bailouts

Sep 26 09:07

Ron Paul: Greenspan, Bernanke Should Be Criminally Charged

Congressman Ron Paul says that the bailout bill is likely to pass, heralding a 10-year plus economic depression for America and the potential for martial law should civil unrest arise as the financial meltdown worsens.

Speaking on The Alex Jones Show, Paul said of the bailout, “They want dictatorship, they want to pass all the penalties and suffering on to the average person on Main Street,” adding, “We will have a depression or recession, it’s locked in place due to previous Federal Reserve actions.”

Sep 26 09:04

Be prepared for the value of your wealth to deteriorate.

A central bank cannot abandon all restraint in financing an economy without the currency losing value. The bailout of Wall Street is being done with total disregard of the secondary and tertiary consequences. If you own paper assets instead of Gold, be prepared for the value of your wealth to deteriorate.

Sep 26 08:59

Wall Street Executives Scored $3 Billion as Banks Rose and Fell

Wall Street's five biggest firms paid more than $3 billion in the last five years to their top executives, while they presided over the packaging and sale of loans that helped bring down the investment-banking system.

Sep 26 08:55

Horrid Data: Housing, Jobs, Durable Goods

Housing, jobs, and durable goods were all disasters. Expect to see production cutbacks and rising unemployment. Anyone who thinks the US is not in recession is in absolute fantasyland.

Sep 26 06:29

Palin won't reveal her finances until after debate

Sarah Palin requested and received an extension of the deadline for revealing her personal finances, until the day after her only debate with Democrat Joe Biden.

The Republican vice presidential candidate received a four-day extension Thursday from the Federal Election Commission.

The federal financial disclosure report was initially due next Monday. Now, Palin has until Oct. 3, the day after her debate in St. Louis with Biden, the Democratic vice presidential nominee.

Sep 26 06:07

We don’t need no water

I’m just not buying it.

Sorry, but I am not buying that the only way to “save the economy” is with a $700 billion bailout package that has to be passed NOW! NOW! NOW!

Admittedly, I am not an economist. But there has to be a better way to right the ship than charging every American taxpayer $5000 to make sure George Bush’s Trust Fund buddies get their golden parachutes.

Sep 26 05:52

George Bush, proud parent of the mortgage crisis

The traditional media apparently have very short memories. At least, that's the only reason I can think of, short of outright moral corruption, that would explain why George Bush's rhetoric and policy centered on an 'Ownership Society' hasn't received any scrutiny whatsoever.

Sep 26 05:42

Stopping a Financial Crisis, the Swedish Way

A banking system in crisis after the collapse of a housing bubble. An economy hemorrhaging jobs. A market-oriented government struggling to stem the panic. Sound familiar?

It does to Sweden. The country was so far in the hole in 1992 — after years of imprudent regulation, short-sighted economic policy and the end of its property boom — that its banking system was, for all practical purposes, insolvent.

Sep 26 05:29

Constituents Make Their Bailout Views Known

WASHINGTON — Americans’ anger is in full bloom, jumping off the screen in capital letters and exclamation points, in the e-mail in-boxes of elected representatives in the nation’s capital.

“I am hoping Congress can find the backbone to stand on their feet and not their knees before BIG BUSINESS,” one correspondent wrote to Representative Jim McDermott of Washington.

“I’d rather leave a better world to my children — NOT A BANKRUPT NATION. Whew! Pardon my shouting,” wrote another.

Sep 26 04:58

October Surprise: Goverment Computers To Go Offline During Voter Registration Peak

A recent alert by the Social Security Administration announces that the agency plans to shut down its databases for maintenance from October 11 through October 13. While this might not sound like an election issue, it turns out that this could significantly impede registration of first-time voters as well as the re-registration of eligible citizens.

Sep 26 04:29

The Austrian School and the Meltdown by Ron Paul

The financial meltdown the economists of the Austrian School predicted has arrived.

We are in this crisis because of an excess of artificially created credit at the hands of the Federal Reserve System. The solution being proposed? More artificial credit by the Federal Reserve. No liquidation of bad debt and malinvestment is to be allowed. By doing more of the same, we will only continue and intensify the distortions in our economy

Sep 26 04:24

Bush the Socialist and Destroyer

Anyone who has read a good economics book would be quickly reduced to laughter and tears by George Bush's ridiculous economic address to the nation. He put on his 9-11 suit and tried to warn Americans about the impending disaster: that their access to an infinite stream of paper money might be imperiled if they don't cough up hundreds of billions immediately. It is very tempting to go line by line and shout back.

Sep 26 03:19

A bad day for the GOP on politics, bailout plan

By CHARLES BABINGTON, Associated Press Writer
59 minutes ago

WASHINGTON - Even for a party whose president suffers dismal approval ratings, whose legislative wing lost control of Congress and whose presidential nominee trails in the polls, it was a remarkably bad day for Republicans.

A White House summit meeting on Thursday meant to shore up John McCain's shaky campaign "devolved into a contentious shouting match." And that's how McCain's own campaign described it.

Sep 26 02:04

China banks told to halt lending to US banks

BEIJING, Sept 25 (Reuters) - Chinese regulators have told domestic banks to stop interbank lending to U.S. financial institutions to prevent possible losses during the financial crisis, the South China Morning Post reported on Thursday.

Sep 26 01:52

Full text of Ahmadinejad's speech to the UN General Assembly

The following is a copy of Iranian President Ahmadinejad's speech to the United Nations General Assembly early Wednesday morning, as translated by the Presidency of the Islamic Republic of Iran News Service:

Sep 26 01:46

Is The Bailout A Rothschild Trick?

The Rothschilds, who are Zionist Jews, are the principal owners of the Federal Reserve Bank. The Rothschild trick is that there is no real money in the system, no goods that they provide, only debts with compounded interest - chargeable to the ‘dumb goyim’ US taxpayers.

Sep 26 01:38

Show Us the Money By William Greider

Taxpayers should wake up the politicians and ask them to tell Wall Street: "We want the same deal Warren Buffett got." The Omaha billionaire announced he is playing White Knight to Goldman Sachs by investing $5 billion in the endangered investment house. What a big-hearted guy. Buffett is an old-fashioned capitalist who invests in companies for the long term and I am a big admirer. But Warren Buffett did not get to be a billionaire by committing public-spirited acts of charity. He plays to win.

Sep 25 22:13

Washington Mutual closed in biggest U.S. bank failure

U.S. authorities closed Washington Mutual and sold its assets in America's biggest ever bank failure.