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What IS going on is approximately 600 billion dollars’ worth of subprime adjustable rate mortgages (ARMs) will go through rate-resetting between now and the end of 2008. About 15% of these ARMs are predicted to default, representing $75...
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On Friday at the Netroots Nation conference, New York Times columnist Paul Krugman spoke on a panel about Â?How the media learned to bend over backwards to please the right.Â? Krugman discussed the right wingÂ?s success at pressuring the media and how some of that filtered down to him: --KRUGMAN:...
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http://www.techmeme.com/img/pml.pngKarl Bode / DSLreports:
AT&T Hints That Usage-Based Billing Is Coming - New, more specific speed tiers may come with a catch... At the FCC's hearing on broadband yesterday in Pittsburgh, AT&T Senior Federal Regulatory Vice President Robert Quinn said the...
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Dr. Paul droppin' Truth on monetary policy AGAIN....definitely worth reading if you want a solid understanding how Americans are getting poorer without realizing it. -- KM
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Some are blaming the recent shakeup in the markets to “whining” or financial fear-mongering,...
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Those who hate on virtual currencies will often cite failed virtual currencies, like Flooz, as an example. Flooz is not really a virtual currency; it was more like a gift certificate. Beenz is a better example of a virtual currency. Here's an article comparing Flooz and Beenz. Beenz I think had...
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“I’m concerned about the weak spots,” said Rosemary E. Rodriguez, the chairwoman of the United States Election Assistance Commission, which oversees voting. “So much depends on whether there will be enough poll workers, whether they are trained enough and whether their state and county election...
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For a deeper look into Bohemian Grove, one of the meeting spots where the criminal elite gathers to discuss how they will further enslave us while engaging in their magick rituals (seriously), check out the movie Dark Secrets Inside the Bohemian Grove, available for free on Google Video. I can...
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A great article on the economy and Zimbabwe, a country that in 1980 had a more valuable currency than the US. Now Zimbabwe, a country with an extraordinarily corrupt government and a fiat currency, is experiencing hyperinflation. The currency has become so unstable that bartering mechanisms and...
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Excerpt: Wake up, America! On July 15, the Court of Appeals for the Fourth Circuit ruled by 5 votes to 4 in the case of Al-Marri v. Pucciarelli that the president can arrest U.S. citizens and legal residents inside the United States and imprison them indefinitely, without charge or trial, based...
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Neithercorp Forum July 18, 2008. Yep, these are cheap plastic coffins. Hundreds of thousands of them. Don’t believe it? Why coffins? Why in the middle of Georgia? Well, apparently the Government is expecting a half million people to die ...
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OMG. This might be more frightening than anything else -- it shows how far gone America is. The people don't realize that war with Iran will accelerate the arrival of an economic nightmare. -- KM
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If we are to believe the results of a Rasmussen poll released on July 20, an...
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Remember that Paulson said this. Because it will become apparent that he's lying. -- KM
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He said about 99 percent of the 8,500 U.S. banks, holding about 99 percent of bank assets, fell into the highest category of capitalization, a measure of financial health.
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Dr. Paul dropping truth on the economy, history, and imperialist agendas. Definitely worth reading for a clearer idea of what's going on in our world. -- KM
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The problem we face is not new in history. Authoritarianism has been around a long time. For centuries, inflation and debt...
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However, that fund is "a myth," according to longtime banking consultant Bert Ely, and consumers may end up paying the price of what is expected to be a growing wave of bank failures.
NYU Economics Professor Nouriel Roubini predicts that Congress will have to intervene in order to bail out the...
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A leading cyber-security expert and former adviser to Sen. John McCain (R-AZ) says he has fresh evidence regarding election fraud on Diebold electronic voting machines during the 2002 Georgia gubernatorial and senatorial elections... http://feeds.feedburner.com/~a/rawstory/gKpz?i=FistOD
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