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UN
chief warns of civil unrest amid world food shortage
abc.net.au 4/31/8 ["Mr Ban says 100 million people are
estimated to have been pushed into poverty over the last two
years. "We see farmers in developing countries planting
less, producing less, due to the escalating cost of fertiliser
and energy," he said. Estimates are that world prices for
foods like cereals, dairy, meat, sugar and oils are more than 50
per cent higher than they were at the same time last year."]
Dollar Slide Drives Budget as Japan Shuns Treasuries
bloomberg.com 4/31/8 ["The Japanese, who own $586.6
billion, or 12 percent of U.S. government debt, had their worst
quarter in Treasuries this decade, losing 7 percent in the first
three months of the year as the dollar fell to the lowest since
1995 versus the yen, Merrill Lynch & Co. indexes show. Dai-ichi
Mutual Life Insurance Co., Meiji Yasuda Life Insurance Co. and
Sumitomo Life Insurance Co., three of the nation's four-biggest
insurers, would rather accept the world's lowest bond yields in
Japan than buy U.S. debt. ...America relies on foreign
investors, who own more than half the U.S. government debt
outstanding, to finance a deficit..."]
Barclays Issues Warning on ‘Underwater’ Borrowers
housingwire.com 4/31/8 ["None other than Barclays Capital
warned Tuesday that roughly half of all subprime and Alt-A
borrowers in the U.S. could soon owe more than their house is
worth, or have extremely minimal equity left — a problem that is
imperiling more homeowners in the States than mortgage rate
resets, which have received far greater press coverage."]
Wal-Mart to cash tax rebate checks for free
reuters.com 4/31/8 ["to entice U.S. shoppers to spend their
tax rebates in its discount stores, offering to cash the checks
for free and saying it has cut prices on staple items such as
cereal and lunch meat."]
Maine: Class for kids: How to be homosexual
worldnetdaily.com 4/31/8 ["A state-funded organization in
Maine touted as "a stellar program for social change" is
advertising a seminar that essentially provides information to
impressionable school-age boys on how to be homosexual,
according to a pro-family organization opposing the plans."]
State by state foreclosure filings, Q1 2008
usatoday.com 4/31/8 [""]
Scientists seek clues as Reno earthquakes keep shaking
ap.google.com 4/31/8 ["What they can't say is whether the
hundreds of temblors that have rattled the area for two months —
the largest a magnitude 4.7 Friday night — are subsiding or a
prelude to bigger things to come."]
Petrodollars could be panacea to US financial quagmire
gulfnews.com 4/29/8 ["The year 2007 witnessed one of the largest
shopping sprees by the Arab world in Wall Street which resulted
in six Gulf states together controlling Sovereign Wealth Fund
(SWF) assets of some $1.7 trillion which constitutes 50 per cent
of the world's sovereign wealth fund holdings. The trend
set is clear. The void created by American investment and
private equity firms which refrained from further investments
due to the credit crunch which has taken its toll on the US
economy, is being filled by Gulf investments. "]
Truckers protest high gasoline prices
ap.google.com 4/29/8 ["Members of Truckers and Citizens United
circled the National Mall before parking their rigs at RFK
Stadium. From there, about 100 protesters marched and took
shuttles to the Capitol, where an afternoon rally was held.
...A similar protest in Pierre, S.D., drew about a dozen trucks.
An organizer said drivers decided not to attend because they
couldn't afford the diesel."]
Britain Marks 40
Years of Legalized Abortion on Sunday, No Change Likely
lifenews.com 4/29/8
["Britain's Abortion Act came into force 40 years ago, but women
who have had abortions and regret their decisions join millions
of unborn children as victims."]
GM to lay off 3,500 at 4 pickup truck and SUV factories
ap.google.com 4/29/8 ["The world's largest automaker by sales
said Monday that the cuts, to take effect starting this summer,
were brought on by weak demand due to high gasoline prices and
an economic downturn."]
Planned
Parenthood Paints False Choice on Birth Control vs. Groceries
lifenews.com 4/29/8 ["Planned Parenthood emailed its supporters
on Monday urging them to contact Congress and ask for more
funding for birth control. The abortion business claims college
students need the funding because they're supposedly choosing
between birth control and groceries."]
Putting pollution on grocery bills
iht.com
4/28/8 ["Under longstanding trade agreements, fuel for
international freight carried by sea and air is not taxed. Now,
many economists, environmentalists and politicians say it is
time to make shippers and shoppers pay for the pollution,
through taxes or other measures."]
North Sea oil pipeline closure sparks fuel panic
afp.google.com
4/28/8 ["Britain on Sunday shut down a North Sea pipeline
which supplies 40 percent of its oil and gas, sparking
panic-buying of petrol after a strike at a major refinery.
The start of a two-day walkout by around 1,200 workers at the
Grangemouth refinery, west of Edinburgh, in Scotland, forced the
neighbouring Forties pipeline to close down at the same time,
operator BP said."]
Crucial week seen for markets
iht.com
4/27/8 ["Investors who believe financial markets have a
reached a turning point will get to test the thesis this week
with the latest on central bank thinking, major corporate
earnings and U.S. and European economic health."]
1,500 gallons of gas swiped
mercurynews.com
4/27/8 [Editor: This is just one of many news stories
about the recent rise in gasoline thefts.]
Stem Rust Never Sleeps
nytimes.com
4/27/8 ["The new strains of stem rust, called Ug99 because
they were discovered in Uganda in 1999, are much more dangerous
than those that, 50 years ago, destroyed as much as 20 percent
of the American wheat crop. Today’s lush, high-yielding wheat
fields on vast irrigated tracts are ideal environments for the
fungus to multiply, so the potential for crop loss is greater
than ever."]
Reno urged to prepare for worse as earthquakes continue
ap.google.com
4/27/8 ["Seismologists said the recent activity is unusual
because the quakes started out small and continue to build in
strength. The normal pattern is for a main quake followed by
smaller aftershocks. "A magnitude 6 quake wouldn't be a
scientific surprise," John Anderson, director of the
seismological lab, said Saturday. "We certainly hope residents
are taking the threat seriously after last night.""]
FHLB Chicago stock redemption request denied
reuters.com
4/26/8 ["The Federal Housing Finance Board, which ensures
the safety and soundness of the entire Federal Home Loan Bank
system, in October reserved the right to approve stock
redemptions based on capital adequacy, which has been under
pressure."]
Aurora,
Illinois Pro-Life Advocates Expected at Massive Abortion Center
Protest lifenews.com
4/26/8 ["Hundreds of pro-life people are expected to turn
out this weekend at the first major pro-life protest of 2008 at
the new Planned Parenthood abortion center. The abortion
business was the subject of controversy in 2007 because it used
a fictitious name to deceive local officials about the nature of
its new construction."]
Unpaid utility bills soar as economy sags
usatoday.com
4/26/8 ["Hundreds of thousands of utility customers are at
risk of disconnections as the sagging economy drives up the
number of past-due home heating bills and the amounts owed,
utility companies in cold-weather states say."]
Face scans for air passengers to begin in UK this summer
guardian.co.uk
4/26/8 ["From summer, unmanned clearance gates will be
phased in to scan passengers' faces and match the image to the
record on the computer chip in their biometric passports."]
New home sales plunge to lowest level in 16 1/2 years
ap.google.com
4/26/8 ["The median price of a new home compared to a year
ago fell by the largest amount in nearly four decades."]
At Expense of All Others, Putin Picks a Church
nytimes.com
4/26/8 ["Just as the government has tightened control over
political life, so, too, has it intruded in matters of faith.
The Kremlin’s surrogates in many areas have turned the Russian
Orthodox Church into a de facto official religion, warding off
other Christian denominations that seem to offer the most
significant competition for worshipers. They have all but banned
proselytizing by Protestants and discouraged Protestant worship
through a variety of harassing measures, according to dozens of
interviews with government officials and religious leaders
across Russia."]
Creationist school's plea is denied by state board
chron.com
4/26/8 ["Institute for Creation Research ...The issue
was whether the institute, whose leaders believe in creationism,
or that the world was literally created as recounted in the
Bible, could adequately prepare its graduates to teach science
in middle schools and high schools. Education Commissioner
Raymund Paredes had found — and board members agreed — that it
could not."]
Indonesians hold major drill for bird flu pandemic
ap.google.com
4/26/8 ["Indonesia has been worst affected by bird flu
since it started ravaging Asian poultry stocks in late 2003,
with its 107 human deaths accounting for nearly half the 240
recorded fatalities worldwide. The government has come under
fire for failing to slow the spread of the virus, which is now
endemic in poultry in all but two of the countries' 33
provinces."]
US Navy re-establishes fleet for Caribbean, Latin America
afp.google.com
4/26/8 ["Beginning July 1, the fleet will have operational
responsibility over navy ships assigned to the region from the
US Atlantic and Pacific Fleets, the navy said. Admiral
Gary Roughead, the chief of naval operations, said the decision
to establish a separate fleet for the region "recognizes the
immense importance of maritime security in the southern part of
the Western Hemisphere.""]
U.S. Navy shipbuilding program runs aground
iht.com
4/26/8 ["Even as spending on new military projects has
risen to its highest point since the Reagan years, being over
budget and behind schedule have become the norm: a recent
Government Accountability Office audit found that 95 projects -
including warships, helicopters and satellites - were delayed an
average of 21 months and cost 26 percent more than initially
projected, a bill of $295 billion."]
California foreclosure "surge": Up 327% from '07 levels
latimes.com 4/25/8 ["DataQuick
president Marshall Prentice: "The main factor behind this
foreclosure surge remains the decline in home values.
Additionally, a lot of the 'loans-gone-wild' activity happened
in late 2005 and 2006 and that's working its way through the
system. The big 'if' right now is whether or not the economy is
in recession. If it is, the foreclosure problem could spread
beyond the current categories of dicey mortgages, and into
mainstream home loans.""]
India's kinder, gentler debt collectors remind Americans to pay
their bills iht.com
4/25/8 ["Debt collectors in India often cost about one-quarter
the price of their American counterparts, and are often better
at the job, debt collection company executives say."]
Wal-Mart restricts rice purchases
news.bbc.co.uk 4/24/8 ["Sam's Club, Wal-Mart's
cash-and-carry division, says customers can buy a maximum of
four bags per visit. ...The international price of rice
has risen by 68% this year and Wal-Mart said the restrictions
were "due to recent supply and demand trends"."]
Harper warns U.S. that Canada will bite back on NAFTA
theglobeandmail.com 4/24/8 ["Prime Minister Stephen Harper
issued a warning yesterday to future U.S. leaders wanting to
renegotiate the North American free-trade agreement, saying
Canada would drive a tougher bargain because of its position as
America's biggest energy supplier."]
Israel: Court applies Law of Return to Messianic Jews because of
fathers jpost.com 4/24/8 ["Messianic
Jews are entitled to Israeli citizenship according to the Law of
Return if their father is Jewish, according to a
precedent-setting ruling handed down last week by the High Court
of Justice. Fifteen years ago, the court rejected a
petition by Messianic Jews who demanded to be recognized as Jews
so as to automatically receive Israeli citizenship according to
the Law of Return. In that landmark case, the court ruled that
Messianic Jews had converted, and therefore were no longer
Jewish. "]
The
end of cheap clothes is near
news.bbc.co.uk 4/24/8 ["In the US, ever more cotton farmers
are switching to more lucrative crops - soybeans, corn, and
wheat - whose market prices are rising even faster. The
prices of these crops have been pushed higher by a mixture of
subsidies, growing demand from biofuel producers and market
speculation. "Cotton is taking its cue from whatever the
other [commodity] markets are doing," according to a US
commodities broker. "]

Parents, 54 Unique Benefits of Homeschooling
newswithviews.com 4/23/8 [By Joel Turtel "Public
schools can destroy your children’s self-esteem, destroy their
ability to read, strangle their love of learning, put them in
physical and moral danger, and wreck their future."]
In lean times, biotech grains are less taboo iht.com 4/23/8 ["In
Japan and South Korea, some manufacturers for the first time
have begun buying genetically engineered corn for use in soft
drinks, snacks and other foods. Until now, to avoid consumer
backlash, the companies have paid extra to buy conventionally
grown corn. But with prices having tripled in two years, it has
become too expensive to be so finicky."]
United Airlines shares plummet on 1Q loss, planned cuts
ap.google.com 4/23/8 ["The loss, in what UAL called an
"extraordinarily difficult" environment for airlines, was the
biggest since the nation's second-largest carrier emerged from
bankruptcy in 2006 and worse than Wall Street expected. Shares
in the company plummeted 34 percent to $14.06 in morning
trading. UAL said its nearly 8 percent growth in revenue
from the first quarter of 2007 was more than offset by a $618
million jump in fuel costs, which rose nearly 50 percent in a
year."]
Children's Hospital Boston Offers "Sex Change" to Adolescents
lifesitenews.com 4/23/8 [""Unique in the Western
hemisphere, the clinic will also care for children and young
adults who present as transgendered - those who have no known
anatomic or biochemical disorder, yet feel like a member of the
opposite sex," stated the Pediatric Views, a publication of the
CHB."]
The trillion-dollar mortgage time bomb cnn.com 4/23/8 ["Risks
are rising that Fannie Mae and Freddie Mac may need a government
bailout that could cost far more than previous rescues.
...at the end of January, 82% of all mortgages in the U.S. were
backed by one of the firms, up from only 46% in the second
quarter of 2007. Fannie and Freddie primarily back
so-called conforming loans, those made to borrowers with good
credit and large down payments. But even limited exposure to
subprime loans hasn't stopped them from running up huge losses
as home prices tumbled and foreclosures soared."]
Temple rebuilt
ynetnews.com 4/23/8 ["New museum with Temple replica to be
erected opposite Western Wall. Project’s sponsors include actors
Kirk, Michael Douglas "]

Load Up the Pantry wsj.com 4/23/8 ["Reality: Food
prices are already rising here much faster than the returns you
are likely to get from keeping your money in a bank or
money-market fund. And there are very good reasons to believe
prices on the shelves are about to start rising a lot faster.
...Even the best one-year certificate of deposit you can find is
only going to pay you about 4.1%, according to Bankrate.com. And
those yields are before tax. Meanwhile the most recent
government data shows food inflation for the average American
household is now running at 4.5% a year. And some prices
are rising even more quickly. The latest data show..."]
National Day of Silence to be Held in Record 6,000 Schools on
Friday earthtimes.org 4/22/8 ["...to bring attention to
anti-lesbian, gay, bisexual and transgender (LGBT) name-calling,
bullying and harassment in schools."]
"Gay" Sex Kills lifesitenews.com 4/22/8 [by J. Matt Barber
""In light of the irrefutable medical facts, it should be
considered criminally reckless for educators to teach children
that homosexual conduct is a normal, safe and perfectly
acceptable alternative form of sexual expression (or 'sexual
orientation'). " ...Consider that, according to the Food
and Drug Administration, MSM, "have an HIV prevalence 60 times
higher than the general population, 800 times higher than first
time blood donors and 8,000 times higher than repeat blood
donors." Adults and children who engage in homosexual conduct,
especially males, are also susceptible, at an astronomical rate,
to nearly all other forms of sexually transmitted disease (STD).
For example, the Hepatitis B virus is about five to six times
more prevalent among "gays," and Hepatitis C is twice as common. "]
Vt. commission stops short of recommending gay marriage
boston.com 4/22/8 ["A special commission appointed by
legislative leaders to study same-sex marriage stopped just
short in its final report Monday of recommending that the state
become the second in the country -- after Massachusetts -- to
allow gay and lesbian couples to marry. The Vermont
Commission on Family Recognition and Protection was appointed
last summer to study whether Vermont, which became the first
jurisdiction in the United States to offer legal recognition to
same-sex couples with its civil union law in 2000, should take
the next step."]
Bank of America's 1Q profit shrinks amid economic worries
ap.google.com 4/22/8 ["If the 77 percent drop in Bank of
America's first-quarter earnings is any indication, the economy
may have a long way to go before it works out the problems that
began with the subprime mortgage crisis. The nation's
largest retail bank on Monday quintupled the money it set aside
for loans that go sour, and hinted that consumer weakness and
the housing slump means that things will not get better for it,
or for the economy, for some time."]
Gas prices are the highest they have ever been usatoday.com
4/22/8 ["...eclipsing the inflation-adjusted peak of $3.413 set
in March 1981, when the average was $1.417, according to the
U.S. Energy Information Administration. ...Gasoline sales
have fallen 2% to 11% every month since December at 13 gasoline
retailers scattered across the USA and who are not direct
competitors, according to Jay Ricker, member of a study group
that includes the 13."]
North American leaders meet on NAFTA afp.google.com 4/22/8
["The trade pact, one of the largest in the world, has been a
frequent target of labor union charges that it has helped bleed
the United States of manufacturing jobs."]
Bank of England Swaps Bonds to Revive Bank Lending
bloomberg.com 4/22/8 ["The measures, backed by Prime Minister
Gordon Brown's government, mimic a swap of $200 billion of
securities by the U.S. Federal Reserve last month as central
banks around the world struggle to prop up financial markets. A
surge in borrowing costs prompted U.K. banks to withdraw their
best mortgage offers, threatening to exacerbate the worst
housing downturn since 1992."]
Russia writes off Libya's Soviet-era debt janes.com 4/22/8
["Russian President Vladimir Putin's visit to the North African
state and followed the 14 April announcement that the two
countries were discussing military contracts valued at a total
of USD2.5 billion. Jane's reported that the list of
materiel included "several squadrons" of Russian anti-aircraft
missile system, the S-300 PMU2 Favorit; about 20 Tor-M1 and
Buk-M1-2 anti-aircraft missile systems; two aircraft squadrons -
one Mikoyan MiG-29 SMT and one Sukhoi Su-30MK - and several
dozen Mil Mi-17, Mi-35 and Kamov Ka-52 helicopters. "]
Japan: Honda Overlays Crime Data on SatNav Systems
pcmag.com 4/22/8 ["What works in Japan may have trouble getting
off the ground in the U.S., however. Japan is a
comparatively homogenous country, and criminals look more or
less like the rest of the population, give or take a few scars,
tattoos, or missing fingers. In the U.S., automakers have
privately said it's not a big problem acquiring and overlaying
crime data onto navigation systems, and it would be the kind of
information that would benefit from being updated in real time,
rather than relying on disc-based data that might be several
years out of date. "]
Food Rationing
Confronts Breadbasket of the World nysun.com 4/22/8 ["Major
retailers in New York, in areas of New England, and on the West
Coast are limiting purchases of flour, rice, and cooking oil as
demand outstrips supply. There are also anecdotal reports that
some consumers are hoarding grain stocks."]
OPEC chief: Oil prices would go higher regardless of supply
ap.google.com 4/21/8 [""But how much higher it will go, of
course it depends on a number of things: the political
situation, whether there is a natural catastrophe, whether there
are speculations in the market, whether there are strikes in
certain producing countries. So there are many other factors
other than OPEC production," al-Badri said."]
Bank of England announces $100b bank rescue package
abc.net.au 4/20/8 ["The cash package is designed to help banks
cope with the after effects of the subprime mortgage crisis in
the United States. Britain's banks have for years raised
vital finance by selling tens of billions of pounds of mortgages
to international investors."]
RBS mulls writedown as high as $14 billion reuters.com 4/20/8
["Royal Bank of Scotland's board is due to meet this weekend to
discuss writedowns as high as 7 billion pounds ($14 billion) and
a rights issue of as much as 12 billion, people familiar with
the matter said on Saturday. The rights issue, which could
be Europe's largest, comes as pressure grows on global banking
giants to shore up battered balance sheets, but it would mark a
radical u-turn for Britain's second-largest bank and the first
major fundraising for a UK lender since the start of the credit
crunch."]
President Bush Lets His Love for the Pope Show at Catholic
Prayer Breakfast lifesitenews.com 4/19/8
["...it was a special moment to be able to visit with the
Holy Father in the Oval Office. He is a humble servant of God.
He is a brilliant professor. He is a warm and generous soul."
The President specified the attributes which he appreciates in
Benedict XVI. "He is courageous in the defense of fundamental
truths. His Holiness believes..." Editor:
In John 17:11, Jesus addresses His Father as "Holy Father"
- this title is only for God, not for some idolatrous sinner.
Jesus even went so far as to warn us that that title was for God
only! Matthew 23:9 warns, "And call no man your father
upon the earth: for one is your Father, which is in heaven."
In regards to the blasphemy of that sinner calling himself "His
Holiness" March 10:18 again warns, "And Jesus said unto him,
Why callest thou me good? there is none good but one, that is,
God."]
UN food aid agency's gap grows swissinfo.ch 4/19/8
["In February, WFP announced it needed extra donations to
help cover a $500 million shortfall, driven by soaring food and
fuel costs, and avoid cutting back food aid deliveries in 2008.
Since then, costs have spiked even more even as tight crop
supplies and high food prices intensify hunger, WFP Executive
Director Josette Sheeran said on Friday, bringing the total
shortfall for this year to $755 million."]
China passes US as second-biggest exporter timesonline.co.uk 4/19/8
["Another stellar performance by China, which recorded a 26
per cent rise in its merchandise exports to $1.2 trillion,
enabled it to surge ahead of the US to be ranked the world's
second biggest exporter and is breathing down the neck of
top-placed Germany."]
Wall St. braces for thousands of pink slips reuters.com 4/19/8
["So far this year, 36,000 job cuts have been announced in
the U.S. financial services sector, according to job placement
consultancy Challenger, Gray & Christmas, Inc. The figure does
not include Citi's announcement on Friday to cut another 9,000
jobs."]
Asian food crisis has political and civil implications
iht.com 4/19/8
["The price of rice, which on world markets surged 165
percent over the past year, is being closely watched as a
barometer of potential unrest. "Rice is a political
commodity," said Kwanchai Gomez, the executive director of the
Thai Rice Foundation, a research center. "It's not only an
economic one." In the Philippines, President Gloria
Macapagal Arroyo is scrambling to ensure that there is enough
subsidized rice available for the poor."]
China to Raise Fertilizer Export Tax to Boost Supply
bloomberg.com 4/18/8
["China, the world's largest grain producer, will increase
export duties on all fertilizers and some related raw materials
by 100 percentage points to ensure domestic supply for farmers
during the main growing season. ...If China effectively
restricts exporting fertilizers, it could be ``fatal'' to global
supplies of some products, such as ammonium phosphate, as it
supplies between 20 to 30 percent of global trade volume of the
plant feed, Xu said."]
The Prodigal Nation newswithviews.com 4/18/8
[By Coach Dave Daubenmire "As I was thinking about
this yesterday it reminded me of the story of the Prodigal Son.
Take time to read it, only replace “son” with “nation.” “And he
went and joined himself to a citizen of that country; and he
sent him into his fields to feed swine. And he would fain have
filled his belly with the husks that the swine did eat: If
we continue down this road, America we will end up “eating the
husks.”"]
Bush calls for halt in growth of emissions sfgate.com 4/18/8
["...called Wednesday for a halt in the growth of U.S.
greenhouse gases by 2025 and said emissions from power plants
should peak in the next 10 to 15 years - the first time he has
set specific targets for limiting emissions that contribute to
global warming."]
Looming Deficit Impedes Federal Housing Agency nytimes.com 4/18/8
["Housing officials say the agency will face a deficit for
the first time in its 74-year history, starting in the fiscal
year that begins in October. And they blame a rapidly growing
and increasingly troubled sector of the F.H.A.’s mortgage
portfolio, known as the seller-financed down payment loan
program, which has suffered from high delinquency and
foreclosure rates in recent years."]
Bangladesh army feeds troops potatoes reuters.com 4/18/8
["More than half a million Bangladeshi troops have been
ordered to eat potatoes in an attempt to ease the impact of
surging rice and wheat prices. ...Bangladesh was hit last
year by two severe floods and a cyclone that destroyed around 3
million tonnes of food grains, raising fears of a possible
famine."]
Feds to collect
DNA from every person they arrest abcnews.go.com 4/18/8
["Using authority granted by Congress, the government also
plans to collect DNA samples from foreigners who are detained,
whether they have been charged or not. The DNA would be
collected through a cheek swab, Justice Department spokesman
Erik Ablin said Wednesday. That would be a departure from
current practice, which limits DNA collection to convicted
felons. Expanding the DNA database, known as CODIS, raises
civil liberties questions about the potential for misuse of such
personal information, such as family ties and genetic
conditions."]
Congress moves to calm student loan turmoil reuters.com 4/18/8
["The student loan business is in disarray because of
fallout from the subprime mortgage crisis, as well as deep cuts
in federal subsidies paid to federally guaranteed student loan
providers that were approved last year by Congress. The
House bill would also let the Education Department buy federal
student loans from lenders unable to sell them on the largely
paralyzed secondary market, and funnel loan capital to colleges
through state guaranty agencies."]
Congress tackles credit card reform cnn.com 4/18/8
["Thursday's hearing, which marked the fourth time in the
past year that House lawmakers tackled the issue, has become an
issue that has taken on more relevance as Americans face rising
unemployment, rising inflation and have had to increasingly rely
on their credit cards to make ends meet. Based on the most
recent data from the Federal Reserve, the average American
family carries an average of $2,200 in credit card debt."]
Dutch Govt' to Marriage Commissioners: Won't do Gay "Marriages"?
Then No Natural Marriages Either lifesitenews.com 4/18/8
["The Netherlands equality commissioners have ruled that if
a civil marriage commissioner refuses to conduct wedding
ceremonies for homosexual partners, they must be barred from
conducting ceremonies between men and women as well."]
National Gypsum to close morningjournal.com 4/18/8
["''The wallboard industry is down about 30 percent
nationwide due to the housing correction,'' Spurlock said.
''We're closing the Lorain plant temporarily because of business
conditions.''"]
Merrill Lynch announces job cuts after $2 billion loss
iht.com 4/18/8
["...announced that it would lay off about 2,900 additional
workers. Including about 1,000 jobs already eliminated this
year, the company's work force is to shrink by 10 percent, or
about 4,000 jobs, over the course of 2008. The bank
reported worst-than-expected earnings for the first quarter,
including $6.5 billion in write-downs and adjustments to assets
in its mortgage, leveraged finance and other divisions. The
write-downs bring the total taken by Merrill Lynch in the last
three quarters to more than $30 billion."]
Euro Just Half Cent From $1.60 wsj.com 4/17/8 ["The euro
rose as high as $1.5980 after the inflation data came out."]
Biggest grain exporters halt foreign sales ninemsn.com.au
4/17/8 ["The global food crisis intensified on Tuesday as
Kazakhstan, one of the world's biggest wheat exporters halted
foreign sales and rice prices shot to a record high after
Indonesia stopped its farmers from selling the grain abroad."]
As Australia dries, the world suffers iht.com 4/17/8 ["The Deniliquin mill, the largest rice mill in the Southern
Hemisphere, once processed enough grain to satisfy the daily
needs of 20 million people. But six long years of drought have
taken a toll, reducing Australia's rice crop by 98 percent and
leading to the mothballing of the mill last December."]
Goldman Sachs and Wells Fargo warn 'delusional' investors on
stocks telegraph.co.uk 4/17/8 ["David Kostin, the chief US
investment guru for Goldman Sachs, expects the S&P 500 index of
Wall Street equities to plummet a further 15pc over the "near
term" as companies scramble to lower their outlook for this
year. "Although only a few firms have reported first
quarter results, early signs are awful. We expect a swath of
lowered profit guidance," he said in a research note published
today, entitled 'Fasten Seatbelts'."]
Oil futures
jump to record over $115 on supply concerns abcnews.go.com
4/17/8 ["Oil prices were also boosted by the falling dollar,
which declined to a new low against the euro on Wednesday. Many
investors buy commodities such as oil as a hedge against
inflation and a falling greenback. A weaker dollar also makes
oil cheaper to investors overseas."]
'I'm a parent, arrest me,' woman tells lawmakers
worldnetdaily.com 4/17/8 ["The proposal next goes to the
Assembly Appropriations Committee, the body that halted last
year's plan by Lieber because of the expected costs, and the
status of California's red-drenched state checkbook. "This
bad bill labels tens of thousands of good fathers and good
mothers as violent child abusers," Thomasson said. "Under AB
2943, all mandatory reporters, including teachers, police
officers, social workers, counselors and clergy, must be trained
to see parents who spank as potential child abusers. The fact
that Sally Lieber wants to order good parents into a 'nonviolent
parental education class' demonstrates that she thinks parents
who spank are violent child abusers.""]
Police on high alert ahead of Passover, Israel 60 celebrations
ynetnews.com 4/17/8 ["Police have raised their alert level
throughout the country on Wednesday ahead of the Passover
holiday and a series of events related to Israel’s 60th
anniversary celebrations. ...Police forces are also
preparing for the arrival of 20 heads of state to Israel,
including US president George W. Bush, for a conference hosted
by President Shimon Peres"]
Council of Europe Declares Unlimited Abortion an Unconditional
Right for all of Europe lifesitenews.com 4/17/8 ["The
Parliamentary Assembly of the Council of Europe has passed a
resolution to declare unlimited legal abortion an unconditional
right. The Assembly passed the resolution with 102 to 69 votes
with 14 abstentions. Amendments seeking to make the resolution
less extreme in its promotion of abortion were rejected.
...The Assembly, the oldest of the pan-European organisations,
has no power to compel compliance among member states, but its
recommendations are nonetheless influential in other bodies such
as the European Court of Human Rights."]
Wholesale prices soared in March ap.google.com 4/17/8
["Inflation at the wholesale level soared in March at nearly
triple the rate that had been forecast as energy prices kept
rising and food costs posted a much bigger jump than
anticipated. The Labor Department reported Tuesday that
wholesale prices rose by 1.1 percent last month, the largest
increase since a 2.6 percent rise last November."]
Foreclosures
jump 57 percent in last 12 months reuters.com 4/16/8 ["Home
foreclosure filings surged 57 percent in the 12 month-period
ended in March and bank repossessions soared 129 percent from a
year ago, as homeowners struggled to make mortgage payments,
real estate data firm RealtyTrac said on Tuesday."]
"Truth
Booth" Shows Fetal Development in Ohio Mall lifesitenews.com
4/16/8 [""Being unmanned will actually help people just wander
up to it. They won't feel threatened. They won't feel like
there's any pressure. Any preachiness or debate that will take
place…They'll debate this within their own minds," explained
said Paige Scarlett, development director of Foundation for
Life."]
School
coach violated religion ban in prayer ritual: US court
afp.google.com 4/16/8 ["A football coach violated a ban on
teaching religion in public schools when he joined his players
in kneeling and head-bowing rituals before games, a US appeals
court ruled Tuesday. The decision could have national
implications and may ultimately affect thousands of schools
throughout the United States, many of which are believed to
employ coaches who engage in prayer with their teams."]
US
banks set to offer fresh apologies as losses rack up
google.com
4/15/8 ["Some of America's biggest banks are due to release
their latest earnings this week, but investors are likely to be
disappointed as many banks are expected to announce fresh
losses. Wachovia bank set the tone Monday, as it revealed
a first quarter loss of 350 million dollars which it largely
blamed on the ailing US housing market, but also on mounting
auto loan defaults."]
Europe
Demands More Say in World Economy ap.google.com
4/15/8 ["...as the euro continues gaining ground as the
world's second major currency. EU Economic and Monetary
Affairs Commissioner Joaquin Almunia said the rest of the world
now sees the euro currency zone as "a pole of stability" and the
currency could become even more important. The euro is now
second to the U.S. dollar as a reserve currency held by foreign
investors..."]
Wal-Mart Toughens Gun Policies
ap.google.com
4/15/8 ["J.P. Suarez, the chief compliance officer for Wal-Mart
Stores Inc., appeared with outspoken gun control advocate Mayor
Michael Bloomberg of New York to announce the changes at a
gathering of Bloomberg's group Mayors Against Illegal Guns.
...Retaining the recorded images of gun sales in case law
enforcement wants to view them later as part of an
investigation."]
U.S.
retail chains caught in a wave of bankruptcies iht.com
4/15/8 ["But the troubles are quickly spreading to bigger
national companies, like Linens 'n Things, the bedding and
furniture retailer with 500 stores in 47 states. It may file for
bankruptcy as early as this week, according to people briefed on
the matter. Even retailers that can avoid bankruptcy are
shutting down stores to preserve cash through what could be a
long economic downturn. Over the next year, Foot Locker said it
would close 140 stores, Ann Taylor will start to shutter 117 and
the jeweler Zales will close 100. ...retailers rely
heavily on borrowed money to finance their purchases of
merchandise and even to meet payrolls during slow periods. Yet
the nation's banks, struggling with the growing mortgage crisis,
have started to balk at extending new loans, effectively cutting
up the retail industry's collective credit cards."]
Retail
gasoline, diesel prices set records reuters.com
4/15/8 ["The price of crude oil accounts for about 70 percent of
the cost for making gasoline."]
Idaho
Becomes First State to Criminalize Coercing a Woman to Have an
Abortion lifesitenews.com
4/15/8 ["House Bill 654 criminalizes any physical harm or
threats used with the intention of inducing an abortion.
Thanks to the new law, "a woman or girl wronged by a predator or
abusive partner would not have to wait upon the mercies of some
prosecuting attorney to seek justice - even after an abortion.
In fact, the language of the law allows a woman to seek civil
damages even if she doesn't undergo an abortion," explained an
Idaho Chooses Life web report."]
US
in $200m food crisis response news.bbc.co.uk
4/15/8 [""This additional food aid will address the impact of
rising commodity prices on US emergency food aid programmes and
be used to meet unanticipated food aid needs in Africa and
elsewhere," the White House said in a statement."]
Russia:
President-elect may turn Russia on its head - literally
iht.com
4/15/8 ["President-elect Dmitri Medvedev has joined the
thousands of Russians eager to learn the ancient Indian art of
yoga. ...Prohibited during the Soviet era due to its
connection with Hindu religious practices, yoga is becoming more
and more popular in Russia. Yoga centers are opening every month
in Moscow"]
Obama
promises 'gays' 'strongest possible bill' worldnetdaily.com
4/14/8 [" In a sit-down interview with the "gay" magazine the
Advocate, Sen. Barack Obama said, if elected, he foresees
eliminating the military's "don't ask, don't tell policy" and
passing the Employment Non-Discrimination Act, opposed by many
faith-based groups that argue it would force them to accept
homosexuals in leadership. Obama indicated he wants the
bill to include protection for transgenders..."]
Christian
photographers fined for refusing same-sex ceremony
worldnetdaily.com 4/14/8 ["The state of New Mexico has ordered a
family owned photography company to pay more than $6,600 for
declining a demand to take pictures at a same-sex ceremony, and
a lawyer who is working on an appeal says it is an example of
how "non-discrimination" or "hate" laws can be weapons in the
hands of homosexual activists."]
U.S.
lenders freeze home equity credit lines iht.com 4/14/8
["Reeling from losses on their wretched loan decisions of recent
years, lenders are preventing borrowers with pristine credit and
significant equity in their homes from tapping into credit lines
that they paid dearly to secure. In the past 30 days,
lenders have sent several hundred thousand letters advising
borrowers that their home equity lines of credit are frozen..."]
Paulson
says food price controls won't work reuters.com 4/14/8
["...warned on Sunday that governments should resist temptation
to try to control soaring food costs through price controls,
which he said would likely make the situation worse."]
World
Bank echoes food cost alarm bbc.co.uk 4/14/8 ["The price of
staple crops such as wheat, rice and corn have all risen,
leading to an increase in overall food prices of 83% in the last
three years, the World Bank has said. The sharp rises have
led to protests and unrest in many countries, including Egypt,
Ivory Coast, Ethiopia, the Philippines and Indonesia. "]
Bangladesh
workers riot over soaring food prices breitbart.com 4/14/8
["...involved around 10,000 workers from several garment
factories, adding, "They became unruly demanding higher wages,
saying their current wages don't even meet basic food needs."
The government says food prices, notably the staple rice, have
doubled in the last year, caused by a massive shortfall in
production after devastating floods and a cyclone last year. "]
Lehman
Makes Move to Turn Unsold Debt to Cash cnbc.com 4/14/8 ["The
bank used a relatively small amount of those securities as
collateral for a low-interest, short-term cash loan from the
Federal Reserve. The move should give Lehman more money to
finance its activities but also raises questions about the
quality of the collateral the Federal Reserve is receiving from
dealers to which it lends money. "There's a significant
hazard to the Federal Reserve taking poor assets onto its
balance sheet," said James Ellman, president of hedge fund
Seacliff Capital in San Francisco. "]
US
banks Citigroup and Merrill Lynch reveal fresh $15bn loss
timesonline.co.uk 4/14/8 ["Huge exposure to American mortgages
is expected to result in Citi taking a $10 billion hit to its
accounts, dragging the bank to a first-quarter loss of almost $3
billion. Some analysts believe Citi’s write-downs could stretch
to as much as $12 billion. Merrill will suffer $5 billion
of write-downs, analysts say, which would push the bank $2.7
billion into the red. "]
High
diesel prices squeeze truckers csmonitor.com 4/14/8 ["While
all Americans are facing sticker shock at the pump these days,
truckers have been hit particularly hard, watching the cost of
diesel skyrocket past gasoline. The national average for diesel
is hovering just above $4 a gallon, due to high crude-oil prices
and rising demand for diesel, especially in China and Europe.
Truckers often pay close to $1,000 to fill up a tank that might
have cost $600 to fill a few years ago."]
Economists:
Abortion Didn't Decrease Crime, UK Stats Show Increase
lifenews.com
4/11/8 ["The three focused on England because abortions have
been legal there longer (1969 versus 1973 for the United States)
and because the British health system requires all abortions be
reported to the government, unlike in the U.S. "As a
result, data on (legal) abortions are complete and of high
quality," the trio wrote in their report on the VoxEU web site.
The economists evaluated both violent and nonviolent (property)
crimes in the U.S. and England and found violent crimes in the
UK increasing steadily over the years following legalized
abortion."]
O
Jerusalem! America drafts plan to cut in 2 worldnetdaily.com
4/11/8 ["To demonstrate the level of U.S. involvement, the
source pointed to recent U.S. supervision of Israeli commitments
to dismantle about 50 West Bank anti-terror roadblocks and to
bulldoze what are called illegal outposts, or West Bank Jewish
communities constructed without government permits. "The
U.S. oversaw the removal of each and every roadblock, making
sure the roadblocks were actually removed," said the source."]
EU
urged to ban food additives over child hyperactivity fears
afp.google.com
4/11/8 ["A study published in September in the British science
review, The Lancet, found that a cocktail of artificial colours
and the commonly-used preservative sodium benzoate are linked to
hyperactivity in children."]
Oprah
And The Gospel Of Me newswithviews.com
4/10/8 [By Paul Proctor "...Christians today are
gradually and carefully being led astray from true faith in
Christ – even in their own churches – through their feelings and
opinions – their egos and experiences – by pragmatism and
consensus..."]
McDonald's
Throws up A Smoke Screen to Cover Support for Homosexual Agenda
lifesitenews.com
4/10/8 ["While McDonald's did not disclose the amount of
money given to the National Gay & Lesbian Chamber of Commerce (NGLCC)
in order to have Ellis placed on NGLCC Board of Directors, the
McDonald's logo now appears on the NGLCC website under the
heading of "Corporate Partners & Organizational Allies", which
certainly does seem like aggressive promotion of the homosexual
agenda."]
As
prices rise, U.S. farmers abandon conservation iht.com
4/10/8 ["For years, the problem with cropland was that
there was too much of it, which kept food prices low to the
benefit of consumers and the detriment of farmers. Now,
because of a growing global middle class as well as federal
mandates to turn large amounts of corn into ethanol-based fuel,
food prices are beginning to jump. Cropland is suddenly in heavy
demand, a situation that is fraying old alliances, inspiring new
ones and putting pressure on the Agriculture Department, which
is being lobbied by all sides without managing to satisfy any of
them."]
Democrats
to push second economic stimulus reuters.com
4/10/8 ["Hoping to build on a $168-billion economic
stimulus bill already enacted, Hoyer said new legislation would
focus on broadening food stamps for the poor, extending jobless
benefits for the long-term unemployed and investing in
construction and other public works projects to create domestic
jobs."]
Gas,
Oil Prices Hit New Records ap.google.com
4/10/8 ["The EIA report, closely watched by the futures
market, also said crude oil supplies fell by a surprising 3.2
million barrels last week; analysts surveyed by Dow Jones
Newswires, on average, had expected an increase of 2.4 million
barrels."]
Fed
Auctions Another $50 Billion breitbart.com 4/9/8 ["...has
auctioned another $50 billion to cash-strapped banks at an
interest rate of 2.820 percent. It marked the ninth in a
series of auctions that began in December that so far have
pumped $310 billion in short-term loans into the nation's
banking system. "]
Who
caused the world food crisis? nationalpost.com 4/9/8
["...the G8 -- home of the world's leading biofuels subsidies --
is being called on to do something. At the World Bank, president
Robert B. Zoellick last week proposed a "New Deal for Global
Food Policy." The bank estimates that 33 countries face
potential social unrest because of the "acute hike in food and
energy prices.""]
WaMu
gets $7 bln infusion, cuts jobs, sees loss reuters.com 4/9/8
["Washington Mutual Inc, battered by mortgage delinquencies and
defaults, said Tuesday it obtained a $7 billion capital
injection from private equity firm TPG Inc and other investors,
but projected a $1.1 billion quarterly loss and set plans to
eliminate 3,000 jobs. The largest U.S. savings-and-loan
also said it will close its 186 stand-alone home lending offices
and stop offering loans through mortgage brokers by the end of
June."]
Citigroup,
Wells Fargo May Loan Less After Downgrades bloomberg.com
4/9/8 ["Credit ratings on $704 billion of bonds have been cut
this year following the collapse of the U.S. housing market.
Sheila Bair, chairman of the Federal Deposit Insurance Corp.,
said last week that downgrades may compromise bank capital
ratios enough that some of the largest institutions will no
longer be considered well capitalized."]
Could
we really run out of food? msn.com 4/8/8
["Russia, Ukraine and Kazakhstan in recent weeks have
restricted wheat exports as well, slapping on big tariffs to
make sure shelves are stocked in their homelands amid soaring
prices. A major Russian grains-company chief told Reuters that
his country "is in a condition that has never happened before."
Higher prices are not meeting any resistance from desperate
buyers. Most unusual about this phenomenon, according to BMO Financial Group strategist Don Coxe, is that until now, food
crises in world history were regional concerns that arose from
crop failures, war or pests. Once global trade of grains got
going in the 19th century in a major way, food shortages in one
country were ameliorated by imports, he said. What's happening
now is a lack of supply everywhere at once."]
Is
India facing a food crisis? bbc.co.uk 4/8/8
["In the capital, Delhi, milk costs 11% more than last
year. Edible oil prices have climbed by a whopping 40% over the
same period. More crucially, rice prices have risen by 20%
and prices of certain lentils by 18%. Rice and lentils comprise
the staple diet for many Indians. ...At least 10,000
farmers have committed suicide each year over the last decade
because of their inability of repay loans taken at usurious
rates of interest from local moneylenders."]
Putin
to become ruling party leader, PM afp.google.com 4/8/8
["...as well as prime minister after he steps down from the
presidency on May 7, the speaker of parliament said Monday.
"I will propose to Vladimir Putin that he takes over the
leadership of United Russia," said Boris Gryzlov, the current
head of the party, which controls a two-thirds majority in the
lower house of parliament, the Duma."]
Food
Prices Soar as Farmers Bail on Corn moneymorning.com 4/8/8
["The price of corn has surged 35% in the past year. And
Terry Franci, a senior economist for the American Farm Bureau
Federation, said last week that corn prices will continue to
rise. In fact, Franci thinks that after averaging between $2 and
$3 a bushel for decades, prices could climb as high as $6 a
bushel - a threefold increase from 2005."]
Washington
Mutual seen near $5 bln TPG deal reuters.com 4/8/8
["the largest U.S. savings and loan, is close to obtaining
a $5 billion injection from investors led by private equity firm TPG Inc"]
1
Year of Legal Abortion in Mexico: 6400 Legal Abortions, 22
Injuries, 8 Dead Mothers lifesitenews.com 4/8/8
["Provida is among a group of organizations that requested
that the Mexican Supreme Court hold public hearings on the
legalization of abortion, a measure the Mexican Supreme Court
has agreed to. Serrano Limón says that he will give "scientific
evidence" to the justices to show that life begins from the
moment of fertilization, according to the Mexican publication El
Economista."]
Jefferson
County, Alabama narrowly avoids bond default al.com 4/8/8
["to stave off the possibility of the nation's largest
municipal bankruptcy."]
Feds
Backtracking: An Admission On National ID newswithviews.com
4/8/8
[By Devvy Kidd "Many Americans believe the push for a
national ID came about because of 911. The same applies to the
nefarious and unnecessary Department of Homeland Security. Wrong
on both accounts. Back on July 22, 1999, Wired.com carried an
article titled: 'Your license or your life': "At a hearing
Thursday, the House Immigration subcommittee will debate the
future of modified driver licenses, which detractors derisively
call a "national ID card." "]
Australia
incest pair in TV plea news.bbc.co.uk 4/8/8
[""John and I are in this relationship as consenting
adults. We are just asking for a little bit of respect and
understanding."" Editor: Signs of the times.
Much more of this sick filth will become 'mainstream' and
'accepted']
Former
German Minister Offers Killing Machine for Terminally Ill
dw-world.de 4/8/8
["Presenting his machine to reporters on Friday, March 28,
former Hamburg Justice Minister Roger Kusch said that it would
give terminally ill people in Germany a chance to end their
lives instead of forcing them to travel to Switzerland, where
assisted suicide is legal."]
Key
scientist sure "God particle" will be found soon reuters.com 4/8/8
["Scientists at the centre hope the process will produce
clear signs of the boson, dubbed the "God particle" by some, to
the displeasure of Higgs, an atheist. He came up with his
theory to explain why mass disappears as matter is broken down
to its smallest constituent parts -- molecules, atoms and
quarks." Editor: Col. 1:16-17 tells us, "...by him
were all things created, that are in heaven, and that are in
earth, visible and invisible, whether they be thrones, or
dominions, or principalities, or powers: all things were created
by him, and for him: And he is before all things, and by him all
things consist." ]
Ailing
IMF seeks to sell 403 tonnes of gold to boost coffers
afp.google.com 4/8/8
["The sale, amounting to some 12 percent of its gold
reserves, could yield around 11 billion dollars, IMF officials
said, supporting a reorganization of the institution as it seeks
to survive a downturn in lending to troubled countries, its main
income source."]
Bankruptcies
Jump 30% in March, Led by Housing-Bust States bloomberg.com 4/7/8
["The states most affected by the housing recession,
including California, Nevada and Florida, were among those with
the largest increases in bankruptcies. They are also among
states where unemployment rates exceed the national average. The
jobless rate in California is 5.7 percent and Nevada's is 5.5
percent in February."]
Jobs
slashed, pointing to recession yahoo.com 4/7/8
["When government hiring was removed, the numbers looked
even worse. Private employers shed 98,000 jobs in March."]
Payroll
figures show an economy tumbling seattletimes.nwsource.com 4/7/8
["The dismal jobs report renewed talk of economic stimulus.
House Speaker Nancy Pelosi, D-Calif., said she would propose a
second such package. Hers would supplement the $150 billion in
tax rebates to be mailed to millions of Americans beginning in
May. In separate statements Friday, Democratic
presidential rivals Sens. Hillary Rodham Clinton and Barack
Obama supported another stimulus package and an extension of
unemployment benefits..."]
Egyptian
Workers Riot Over Rising Prices ap.google.com 4/7/8
["Nearly 40 percent Egypt's 76 million people live below or
near the poverty line of $2 a day. The prices of staples such as
cooking oil and rice have nearly doubled in recent months, amid
widespread shortages of government-subsidized bread."]
Gulf
banks stick to 2010 single currency target afp.google.com 4/7/8
["The leaders of the oil-rich Gulf bloc decided during a
summit in Qatar in December to stick to the 2010 deadline, but
doubts about whether they can meet the target grew after Kuwait
unilaterally dropped its currency's link to the US dollar last
May and opted for a basket of currencies, and Oman said it would
not join the scheme."]
Want
A Dumb, Non-Reading Child? Keep Them In Public School
newswithviews.com 4/7/8
["Thirty percent of Americans functionally illiterate. The
child who is taught phonics is able to read thousands of words
in a few semesters. The “whole-word” child-victim is able to
“recognize” only a few hundred words. Thus we have the crash in
reading skills, the dumbing-down of our kids, the millions of
frustrated teens who drop out of school, turn to crime, and end
up in prison because they can’t get a decent job."]
Leaders
call for urgent financial reforms reuters.com 4/6/8
["The leaders, also including South African President Thabo
Mbeki, New Zealand Prime Minister Helen Clark and Austrian
Chancellor Alfred Gusenbauer, gathered just before key Group of
Seven and IMF meetings in Washington next week which will
discuss the financial turbulence. ...Brown is pressing for
global, rather than national supervision of financial markets
and for banks to come clean on the losses they have suffered due
to the sub-prime crisis."]
Unsold
Homes Tie Down Would-Be Transplants nytimes.com 4/6/8
["Now that mobility is increasingly restricted. Unable to
sell their homes easily and move on, tens of thousands of people
like Mr. Kirkland and Dr. Morgan are making the labor force less
flexible just as a weakening economy puts pressure on workers to
move to wherever companies are still hiring.
...“You hear a lot about foreclosure and the thousands of
families who are being forced out,” said Joseph S. Tracy,
director of research at the Federal Reserve Bank of New York.
“But that is swamped by the number of people who want to sell
their homes and can’t.”"]
US
job losses deepen in March as employers cut 80,000 posts
afp.google.com 4/5/8 ["The mounting job losses swelled the
national unemployment rate to 5.1 percent last month compared
with 4.8 percent in February."]
MBIA
Loses AAA Insurer Rating From Fitch Over bloomberg.com 4/5/8
["MBIA, the world's largest financial guarantor, would need as
much as $3.8 billion more in capital to deserve an AAA, New
York-based Fitch said today in a report. The outlook is
negative, Fitch said."]
Wall
St trauma cuts their New York tax bills: Governor
reuters.com 4/5/8 ["New York gets about 20 percent of its tax
revenues from banks and brokerages, which had already written
off more than $150 billion of investments due to the subprime
quagmire before the first quarter ended on March 31. Many
other states and countries around the world could also see tax
revenues slide."]
Food
Price Inflation Changes How We Shop chicagotribune.com 4/5/8
["Record-high energy, corn and wheat prices in the past year
have led to sticker shock in the grocery aisles. At $1.32, the
average price of a loaf of bread has increased 32 percent since
January 2005. In the last year alone, the average price of
carton of eggs has increased almost 50 percent."]
Haitians
riot over prices and attack U.N. peacekeepers uk.reuters.com
4/5/8 ["Food prices in Haiti, the poorest country in the
Americas, have soared in recent months, stoking anger against
the government of President Rene Preval."]
Gas
Prices Hit Record on Low Supplies ap.google.com 4/5/8
["...analysts now expect gas prices to continue rising
regardless of what direction crude takes. The Energy Department
expects prices to peak near $3.50 a gallon later in the spring,
but many analysts predict the spike could approach $4.
That's because gasoline supplies are falling, in part because
producers are cutting back on output of the fuel due to the high
cost of crude"]
Corn
Hits $6 a Bushel on Tight Supplies ap.google.com 4/4/8 ["driven
up by an expected supply shortfall that will only add to
Americans' growing grocery bill and further squeeze struggling
ethanol producers. Corn prices have shot up nearly 30
percent this year amid dwindling stockpiles and surging demand
for the grain used to feed livestock and make alternative fuels
including ethanol. Prices are poised to go even higher after the
U.S. government this week predicted that American farmers — the
world's biggest corn producers — will plant sharply less of the
crop in 2008 compared to last year."]
Cuba's
New Leadership Opens Doors to Sodomy, "Sex Changes", and
Consumerism lifesitenews.com 4/4/8 ["The impetus for
the changes in Cuba's policy towards homosexuals seems to be
coming primarily from Raul Castro's daughter, Mariela Castro,
who is the head of the National Center for Sex Education (CENESEX),
a government-supported organization. Although homosexual
behavior is no longer illegal in Cuba, the government has not
yet followed the example of other socialist countries that have
institutionalized homosexual relationships. Mariela Castro is
seeking to do just that, and is promoting what the BBC is
calling "among the most liberal gay and transsexual rights law
in Latin America"."]
Visa
Will Put A Microchip In New Card nytimes.com 4/4/8 ["Unlike
debit cards, which transfer money electronically from customers'
bank accounts, the new "electronic purse" cards will have an
amount of money stored on them. They are similar to the cards
issued for some telephone and mass transit systems, but are
designed to be used interchangeably in pay phones, vending
machines, taxi cabs and for other small purchases. "It
will be just like cash, but more simple and easier to use for
making everyday purchases,""]
Third-graders
plot revenge crossroad.to 4/4/8 [By Berit Kjos "
Before television and video games won the hearts of children,
real life was learned by observing nature. Children discovered
the basics of physics by climbing trees, jumping off rocks,
building mud castles, bridging creeks, making kites, etc. They
would read stories and hear some fables, but they knew enough
about real life to separate fact from fiction. Through
contemporary entertainment, life and learning have been turned
upside down. The emphasis is now on feelings and fantasy, not on
facts or reality. In comparison, the latter may seem downright
boring."]
Straight
or gay? U.S. court says Web site can't ask reuters.com 4/4/8 ["A
roommate-finding site cannot require users to disclose their
sexual orientation, a U.S. appeals court ruled on Thursday, in
the latest skirmish over whether anti-discrimination rules apply
to the Web."]
Israel
readies largest exercise ever to prepare for Iran-Syria missile
war worldtribune.com 4/4/8 ["Israel plans to conduct
its largest exercise ever to set contingencies for massive
missile attacks by Iran and Syria. The government has been
preparing for a five-day exercise in April that would simulate
conventional and nonconventional missile strikes from Iran,
Lebanon and Syria."]
U.S.
passes big hike in global AIDS funds iht.com 4/3/8 ["The
U.S. House of Representatives on Wednesday passed a bill to more
than triple spending to fight AIDS in Africa and other parts of
the world, one of President George W. Bush's foremost foreign
aid quests. ...Bush had initially proposed doubling the
program to $30 billion. The Democratic-led House boosted it to
$50 billion."]
Nearly
3,000 Rally in Support of Oklahoma Legislator Threatened for
Talk Against Homosexual Agenda lifesitenews.com 4/3/8
["...at the Oklahoma State Capitol in support of Rep. Sally Kern
(R-Oklahoma City), reportedly spilling over onto all levels of
the Rotunda."]
Seeing
Is Believing? newswithviews.com 4/3/8 [By Paul Proctor
"Faith, you see, requires no visual evidence, though the Lord
often provided it after the fact, which might explain why the
Bible is God’s Word and not His picture book."]
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