|
Russia plans to raise navy presence in Syria: diplomat
reuters.com
8/28/8 ["The Russian navy will make
more use of Syrian ports as part of increased military presence
in the Mediterranean, a Russian diplomat said on Wednesday."]
Thomas L. Friedman: A biblical seven years iht.com
8/28/8 ["...I couldn't help but
reflect on how China and America have spent the last seven
years: China has been preparing for the Olympics; we Americans
have been preparing for Al Qaeda. They've been building better
stadiums, subways, airports, roads and parks. And we've been
building better metal detectors, armored Humvees and pilotless
drones. ...The rich parts of China, the modern parts of
Beijing or Shanghai or Dalian, are now more state of the art
than rich America. The buildings are architecturally more
interesting, the wireless networks more sophisticated, the roads
and trains more efficient and nicer."]
Mainstream Media Admits Anti-Family Bias: NBC to 'Gay'
Activists: 'Your Victories Are Our Victories'
lifesitenews.com
8/28/8 ["The National Lesbian and
Gay Journalists Association (NLGJA) just held its annual
convention here in Washington D.C., attracting hundreds of
journalists - and ringing endorsements - from virtually every
major publication and broadcaster in the news media. In a
full-page ad in the convention program, NBC Universal declared
it is "proud to support NLGJA," under the bold headline: "YOUR
VICTORIES ARE OUR VICTORIES.""]
Pro-life Volunteer Allegedly Assaulted as Group Unfurls "World's
Largest" Sign Overlooking Democratic Convention
lifesitenews.com
8/28/8 ["The message - claimed by
American RTL to be the world's largest sign - initially appeared
with three 160-foot tall, bright yellow letters, D-N-C, stacked
on top of each other. After those letters appeared on Table
Mountain, just west of Denver, American Right to Life unfurled
the complete message: Destroys uNborn Children."]
Condi pulls a Solomon: Split Jerusalem in 2
worldnetdaily.com
8/28/8 ["...has been pressing Israel
to sign a document by the end of the year that would divide
Jerusalem by offering the Palestinians a state in Israel's
capital city as well as in the West Bank and Gaza Strip,
according to top diplomatic sources involved in the talks."]
Obama speech stage resembles ancient Greek temple
reuters.com
8/28/8 ["Democratic presidential
candidate Barack Obama's big speech on Thursday night will be
delivered from an elaborate columned stage resembling a
miniature Greek temple."]
Bankruptcy filings surge to 1 million - up 29% cnn.com
8/28/8 ["Business filings jumped
more than 41% to 33,822 from 23,889 in the year-ago period.
Personal filings totaled 934,009, up 28% from last year."]
Bank borrowing from ECB is out of control telegraph.co.uk
8/28/8 ["The European Central Bank
has issued the clearest warning to date that it cannot serve as
a perpetual crutch for lenders caught off-guard by the severity
of the credit crunch. Not Wellink, the Dutch central bank
chief and a major figure on the ECB council, said that banks
were becoming addicted to the liquidity window in Frankfurt and
were putting the authorities in an invidious position."]
HIV Infections in N.Y. Rising Faster Than U.S. Rate
bloomberg.com
8/28/8 ["``The populations that bear
the greatest burden nationally - - blacks, for example, and men
who have sex with men -- are highly represented in New York
City,'' the health department said in its statement. ``Because
HIV is more prevalent within those groups, the risk of HIV
infection per sexual contact is higher.''"]
Canada requires ship registration in Arctic ap.google.com
8/28/8 ["Global warming has raised
the stakes in the scramble for sovereignty in the Arctic because
shrinking polar ice could someday open up resource development
and new shipping lanes. The rapid melting of ice has
raised speculation that the Northwest Passage linking the
Atlantic and Pacific oceans could one day become a regular
shipping lane. This summer has seen record traffic by cruise
ships and pleasure craft in the Arctic."]
Billionaire Tim Gill tells DNC delegates his strategy to advance
the homosexual cause catholicnewsagency.com
8/27/8 ["Gill, who was
introduced at the caucus as one of the nation’s largest funders
of LGBT “civil rights initiatives,” reportedly has spent $150
million on LGBT issues. He is the former CEO of the software
publishing company Quark, Inc. and is also the founder of the
Gill Action Fund, a major backer of homosexual political
candidates and causes. “Every single advance for gay
rights has come at the state level,” Gill said, saying the most
important thing the Democratic LGBT delegates could do is “go
back and support those pro-gay state legislators, and eliminate
the anti-gay state legislators.”"]
Merrill, Wachovia Hit With Record Refinancing Bill
bloomberg.com
8/27/8 ["Banks, securities
firms and lenders have a record $871 billion of bonds maturing
through 2009, according to JPMorgan Chase & Co., just as yields
are at their most punitive compared with Treasuries. The
increase in yields may cost them as much as $23 billion more in
annual interest versus a year ago based on Merrill Lynch index
data. Higher refinancing expenses will restrict the
ability of banks to borrow in the capital markets and lend,
further cutting off credit to consumers and businesses and
curbing what is already the slowest growing economy since 2001."]
U.S. heating oil dealers clamp down on unpaid bills
ca.reuters.com
8/27/8 [" U.S. heating oil
futures have shot up more than 60 percent from the same time
last year, from $1.98 per gallon to $3.21. The
data-sharing software, called "OilWell," allows dealers to share
information with each other about clients who do not pay their
bills on time."]
When All Your Best
Employees are Going Broke blogspot.com
8/27/8 ["The combination of
skyrocketing food and energy costs, rising medical costs,
falling real estate values and stagnant wages is putting
increasing numbers of workers in financial distress. A
distressed workforce can hardly be a productive workforce, and
companies must do whatever it takes to make it physically
possible for their employees to function. What can companies do
to remedy this situation?"]
More Than 1 Million Stranded by Floods in India foxnews.com
8/27/8 ["Air force helicopters
and troops were trying to get food to people in the stricken
areas of Bihar state that were inundated by flood waters last
week after torrential rains caused the Kosi river in neighboring
Nepal to burst its banks. ...Kumar said more than 1
million people were cut off from the rest of the country because
the floods had washed away roads and made railway lines
impassable."]
FDIC sees 117 problem banks; most since 2003 guardian.co.uk
8/27/8 [" Federal Deposit
Insurance Corp (FDIC) Chairman Sheila Bair said on Tuesday she
expects more banks to join the agency's watchlist of problem
banks, which tallies institutions with financial, operational or
managerial weaknesses that threaten their financial viability.
"We don't think the credit cycle has bottomed out yet," Bair
told a quarterly news conference, adding that U.S. banks will
not return to high levels of earnings anytime soon."]
FDIC says bank profits have fallen by 86 percent
ap.google.com
8/27/8 ["Pasadena, Calif.-based
IndyMac was taken over by the FDIC on July 11 with about $32
billion in assets and deposits of $19 billion. It was the
second-largest financial institution to close in U.S. history,
after Continental Illinois National Bank in 1984. Its
failure is expected to cost the federal deposit insurance fund,
currently at $53 billion, between $4 billion and $8 billion."]
AL: Jeffco expects to default on bond debt payment Fri.
al.com
8/27/8 ["Jefferson County
expects to default on its $3.2 billion sewer debt Friday... The
forbearance agreement that expires Friday hinged on Gov. Bob
Riley calling a special session of the Legislature to consider
property and sales taxes, among other revenue increases.
Riley declined to call the session because the plan that a
divided commission approved on a 3-2 vote generated intense
opposition from lawmakers and the public. If another
extension is not signed, the county will face sharply increased
interest, penalties and principal payments on its sewer debt. "]
FDIC gets ready for bank failures statesman.com
8/27/8 ["FDIC officials said
they expect the Deposit Insurance Fund, which had $52.8 billion
at the end of March, to remain sound. "The losses would
have to be pretty catastrophic" to create a deficit, said Arthur
Murton, the FDIC's director of insurance and research. That's
because, Murton said, under a federal reform law passed after
the S&L crisis, the agency was given more flexibility to raise
the deposit insurance rates it charges banks whenever needed."]
Europe sets date when deaths overtake births: 7 years
iht.com
8/27/8 ["The findings come in
an official EU study, released Tuesday, which concedes for the
first time that Europeans will begin their long foreseen
demographic decline in just seven years' time - the point at
which deaths exceed births. The report, published by the
European Union's statistical agency Eurostat, reveals large
variations between the birth rates of member states but paints
an overall picture of an aging population. The document
does not explore the reasons for differences in European
fertility..."]
Abortion and Morning After Pill Rates Rise in Tandem in Sweden
lifesitenews.com
8/27/8 ["The morning-after
pill, which functions as an abortifacient, has also become
increasingly popular. Recorded uses of it have doubled in Sweden
and tripled in Stockholm since it became a non-prescription drug
in 2001. Many advocates of contraception claim that by
promoting the use of contraceptives, abortion rates will
decrease. However, experience has repeatedly shown that, rather
than decreasing abortion rates, widespread contraceptive use
increases the number of abortions."]
Tests clear way for "Big Bang" experiment uk.reuters.com
8/26/8 ["Recreating a "Big
Bang," which most scientists believe is the only explanation of
an expanding universe, ought to show how stars and planets came
together out of the primeval chaos that followed, the CERN team
believes. Efforts to track it down in a predecessor to the
LHC at CERN, and in another experiment in the United States,
failed. But scientists are confident that the vast leap in
technologies represented by the LHC will make the difference.
Higgs, a 79-year-old Edinburgh University professor who as an
atheist angrily rejects the idea of calling the boson the "God
particle" -- believes it will show up very quickly once the
beams are colliding in the LHC. "If it doesn't," he said
during a visit to CERN earlier this year, "I shall be very, very
puzzled."" Editor: Someone once said it is ironic
that intelligence men and women will spend their entire lives
trying to prove that intelligent life was not necessary for life
to form.]
240
elephants in a tunnel nanowerk.com
8/26/8 ["With an investment of
four billion euros, 24 years of planning, development and
construction, and around 7,000 employees, the LHC is one of the
largest research projects that the world has ever taken on. In
the four underground caves that contain the large-scale
experiments, physicists want to uncover the secret of why matter
exists and how it came about. ...Why, they ask, is there
almost no antimatter in our world, although as much antimatter
was created during the Big Bang as matter? And why does matter
exist in our universe at all when they should have destroyed
each other? ...the CERN computer center will be engulfed
by a data tsunami: the information received per second is
equivalent to the text printed in all books in every library
worldwide. ...CERN – where, incidentally, the World Wide
Web was invented – has developed a new initiative for this job:
the GRID, which distributes computing and memory power to around
70 large participating computer centers."]
Financials drag on market; Dow falls more than 240
ap.google.com
8/26/8 ["Stocks sank in light
trading Monday as worries about American International Group
Inc. touched off broader concerns that the deterioration of the
credit markets will bring more big losses for financial
companies. The major indexes lost about 2 percent. The Dow
Jones industrial average fell by nearly 250 points, erasing a
gain of about 200 points seen Friday."]
Mexico City abortion law in supreme court battle
afp.google.com
8/26/8 ["Mexico's top court on
Monday began debate on a bid to reverse a law which allows
abortions in the country's capital. Mexico City's
left-wing government last April legalized abortion for women who
are up to 12 weeks pregnant."]
Russia Aims to
Keep Control of Georgian Port City abcnews.go.com
8/26/8 ["Thousands of Georgians
demanded that Russian troops leave the outskirts of this
strategic Black Sea port on Saturday and took to the streets in
protest, while a top Russian general said his country's forces
would keep patrolling the area. The comments by deputy
head of the general staff Col.-Gen. Anatoly Nogovitsyn, reported
by Russian news agencies, showed that despite protests from the
United States, France and Britain, Russia was confident enough
to occupy whatever part of Georgia it deemed necessary."]
Alabama County's Kids Will Ask Voters to Go Belly Up: Joe Mysak
bloomberg.com
8/26/8 ["All that will go on at
the local level. A bankruptcy of this magnitude, however, takes
the national stage, and damages not only the county but the
municipal bond market in general. Jefferson County's bankruptcy
is going to get the unwelcome (or, depending on your point of
view, welcome) attention that the collapse of the bond insurers
and the freeze of the auction-rate securities market failed to
attract."]
U.S. and global economies slipping in unison iht.com
8/26/8 ["Only a few months ago,
some economists still offered hope that robust expansion could
continue in much of the world even as the United States slowed.
Foreign investment was expected to keep replenishing American
banks still bleeding from their disastrous bets on real estate
and to provide money for companies looking to expand. Foreign
demand for American goods and services was supposed to continue
compensating for waning demand in the United States. Now,
high energy prices, financial systems crippled by fear, and the
decline of trading partners have combined to choke growth in
many major economies."]
Regulators close Kansas bank marketwatch.com
8/25/8 ["State and Federal
regulators shut down Columbian Bank and Trust of Topeka, Kan. --
the ninth bank to fail so far this year and the fifth since
mid-July."]
Detroit pushes for a $50-billion bailout latimes.com
8/25/8 ["In recent months, the auto
industry has been lobbying Congress to back $25 billion in
low-interest loans for automakers and suppliers. Now, along with
the United Auto Workers union, it's asking for $25 billion more."]
Illegal Immigrants Returning to Mexico in Record Numbers
foxnews.com
8/25/8 ["Some say illegal immigrants
are leaving because a soft economy has led to fewer jobs,
causing many laborers to seek work elsewhere. Others argue
that a tough stance on immigration through law enforcement has
spread fear throughout the illegal population."]
Real ID: Connecting The Dots To An International ID
newswithviews.com
8/25/8 [By Representative Sam E.
Rohrer "...Most importantly in this standardized process,
REAL ID mandates a certain picture quality. A footnote issued by
the Department of Homeland Security establishes this quality as
compliant with the ICAO Document 9303 biometric format. The
global body setting this format, the International Civil
Aviation Organization (ICAO), is a specialized agency created
under the United Nations. Biometric data can be produced from a
simple digital photograph of this quality"]
Russia rolls into Georgia, rolls back the clock iht.com
8/25/8 ["This spring, Russian tanks
and missiles rolled across the cobblestones of Red Square as
soldiers in olive green uniforms goose-stepped and a military
band played the revived Soviet anthem. It was the first
full-scale military display at the annual Victory Day parade in
almost two decades."]
Now on the Hallmark aisle: Gay marriage cards ap.google.com
8/23/8 ["Hallmark started offering
"coming out" cards last year, and the four designs of same-sex
marriage cards are being gradually released this summer and will
be widely available by next year. No sales figures were
available yet."]
Sharp US money supply contraction points to Wall Street crunch
ahead telegraph.co.uk
8/23/8 ["The M3 data measures both
cash and a wide range of bank instruments. It tends to provide
an early warning signal of major shifts in the economy, although
the US Federal Reserve took the controversial decision to stop
reporting the statistics in 2005 on the grounds that the modern
financial system had rendered the data obsolete."]
Brazilian Homeschool Couple May be Jailed if Their Children Fail
Harsh Government Tests lifesitenews.com
8/23/8 ["Although the Nunes family
was initially told that the tests the children would be given
were to be on mathematics, geography, science, and history, they
were told only a week in advance that they would also be tested
on Portuguese, English, arts, and physical education, including
questions about the history of handball, basketball, soccer, and
other sports."]
Neb. 'safe-haven' law allows abandonment of teens
ap.google.com8/23/8
["Nebraska's new "safe-haven" law allowing parents to abandon
unwanted children at hospitals with no questions asked is unique
in a significant way: It goes beyond babies and potentially
permits the abandonment of anyone under 19."]
US envoy: Russia's first Georgia move legitimate
ynetnews.com
8/23/8 ["In rare American comment,
ambassador to Moscow describes Kremlin's first military response
as justified after Russian troops came under attack. Senior
Georgian official says Russian forces leaving flashpoint city of
Gori"]
West baffled by 2 heads for Russian government iht.com
8/22/8 ["American and European
officials say there is no doubt that it is Putin who maintains
the real power, making the decisions on how to prosecute and
conclude the conflict. But they have felt compelled to follow
diplomatic protocol that requires them to focus their
negotiating efforts on Medvedev, who succeeded Putin in May to
become the head of state."]
Russia can undermine U.S. interests in many arenas iht.com
8/22/8 ["The list of ways a
more hostile Russia could cause problems for the United States
extends far beyond Syria and the mountains of Georgia. In
addition to increased arms sales to other anti-American states
like Iran and Venezuela, policymakers and specialists here
envision a freeze in cooperation on counterterrorism and nuclear
nonproliferation, manipulation of oil and natural gas supplies,
pressure against U.S. military bases in Central Asia and the
collapse of efforts to extend Cold War-era arms-control
treaties."]
NATO ships enter Black Sea for exercises iht.com
8/22/8 ["for what the alliance
said were long-planned exercises and routine visits to ports in
Romania and Bulgaria."]
Does Evil Exist? newswithviews.com
8/22/8 [By Coach Dave Daubenmire "Sin
is defined as “the transgression of divine law.” Divine means
“proceeding from God or a god.” Failure to call sin what it is a
denial of God. No God, no sin. That is where the secular left
has taken us and where Warren and his acolytes have come on
board the wagon. Sin is now a “moral failure.” Morality is open
for interpretation. Individuals are no longer responsible for
their behavior. The religious left wants the government to pay
for the consequences of sinful behavior."]
Obama 'credential' criticized for upside-down flag
worldnetdaily.com
8/22/8 ["The "credentials"
issued by the Democratic National Convention for fans of Sen.
Barack Obama to attend his nomination-acceptance speech next
week at Denver's football stadium are raising questions because
they apparently have the U.S. flag flying upside down – an
international signal of distress."]
Satellites track Mexico kidnap victims with chips
reuters.com
8/22/8 ["More people, including
a growing number of middle-class Mexicans, are seeking out the
tiny chip designed by Xega, a Mexican security firm whose sales
jumped 13 percent this year. The company said it had more than
2,000 clients."]
John McCain ProLife? What A Joke newswithviews.com
8/22/8 [By Chuck Baldwin "John
McCain openly embraces embryonic stem cell research. In 2000, he
boldly said he did not favor the overturn of Roe v. Wade. John
McCain was a member of the infamous "Gang of 14" senators from
both parties whose purpose was to oppose pro-life, strict
constructionist judges."]
FDA: Irradiating spinach, lettuce OK to kill germs
ap.google.com
8/22/8 ["The Food and Drug
Administration on Friday will issue a regulation allowing
spinach and lettuce sellers to take that extra step, a
long-awaited move amid increasing outbreaks from raw produce."]
Brrr!
Farmers' Almanac says cold winter ahead news.mainetoday.com
8/22/8 ["Weatherbee's outlook
is borne out by e-mail comments that the almanac has received in
recent days from readers who have spotted signs of nature that
point to a rough winter, Geiger said. The signs range from an
abundance of acorns already on the ground to the frequency of
fog in August."]
Fannie and Freddie shares dive on bailout fears iht.com
8/21/8 ["while the mortgage
companies' bonds rallied on the belief that an increasingly
likely government bailout would wipe out shareholders but secure
their massive debt."]
Petition of 30,000 Canadians Asks Governor General to Rescind
Order of Canada to Abortionist lifesitenews.com
8/21/8 ["Adding insult to
injury, the Governor General’s office, despite giving assurances
that the petition would be officially received at the Governor
General’s residence, refused to receive the petitions."]
"One World - One Dream" crossroad.to
8/21/8 [By Berit Kjos "Communism
has always clashed with truth, freedom and integrity, and
China's choices illustrate the point. Only by unthinkable
compromise can the "free world" find "common ground" with
Communist totalitarianism. Yet, countless clues suggest that its
masses are now marching blindly toward an illusion of unity,
following leaders who willingly trade conviction for compromise. "]
Lithuanian Government Bans EU Pro-Homosexual Tour Truck
lifesitenews.com
8/21/8 ["In February of this
year Estonia, France, Finland, Greece, Hungary, Republic of
Ireland, Italy, Malta, the Netherlands, Sweden, and the Czech
Republic were listed in a memo that detailed those countries'
failings in living up to the EU's definitions and directives for
"discrimination" legislation."]
Russia rejects UN call to pull out of Georgia
telegraph.co.uk
8/21/8 ["The French-drafted
Security Council resolution called for Moscow's forces to
retreat to positions they held before the conflict that broke
out on August 7 after Georgia attemped to reclaim South Ossetia,
a rebel province. But Moscow insists the ceasefire deal
brokered last week by Nicolas Sarkozy, the French President,
allows for its troops to remain in a buffer zone well inside the
Georgian side of the South Ossetian border, and that any UN
resolution must reflect this."]
The War in Georgia Is a War for the West wsj.com
8/21/8 [By Mikheil Saakashvili,
president of Georgia "No country of the former Soviet
Union has made more progress toward consolidating democracy,
eradicating corruption and building an independent foreign
policy than Georgia. This is precisely what Russia seeks to
crush."]
USDA: Food prices to post biggest rise this year since 1990
usatoday.com
8/21/8 ["Food prices are
forecast to rise by 5% to 6% this year, making it the largest
annual increase since 1990. Just last month, USDA forecast food
prices would climb between 4.5% and 5.5% in 2008."]
Large US bank collapse ahead, says ex-IMF economist
guardian.co.uk
8/20/8 ["The worst of the
global financial crisis is yet to come and a large U.S. bank
will fail in the next few months as the world's biggest economy
hits further troubles, former IMF chief economist Kenneth Rogoff
said on Tuesday."]
Russia warns Ukraine not to interfere at navy base
ap.google.com
8/20/8 ["Many Ukrainians worry
that after dealing with Georgia, the Russians might set their
sights on Ukraine, which like Georgia is a former Soviet
republic government that has angered by Moscow by seeking closer
ties with the West and membership in the NATO military alliance.
Russia's critics say the conflict in Georgia heralds a new,
worrying era in which an increasingly assertive Kremlin has
shown itself ready to resort to military force outside its
borders in pursuing its goals."]
Iran satellite launch a failure, U.S. officials say
washingtonpost.com
8/20/8 ["said Iran appeared to
have succeeded in igniting the second stage of its booster
rocket and gained data that will help it perfect its launch
system. The technology could also be used to develop a rocket
capable of carrying nuclear weapons that could strike Europe or
China, he said."]
Polish government approves missile deal ap.google.com
8/20/8 ["Moscow says the U.S.
installations in Poland will target Russia, but Washington
strongly denies that — arguing that the system is designed to
protect the U.S. and Europe against threats from countries like
Iran, and would in any case be powerless against Russia's
arsenal of missiles. In light of Poland's security
concerns, the missile defense deal also provides for Patriot
missiles to be placed in Poland."]
Russia 'makes 1 bln dlrs' on Fannie Mae, Freddie Mac bonds:
reports afp.google.com
8/20/8 ["The report gave no
further details nor an explanation of how the investment had
been able to produce a return worth some 670 million euros at a
time when Fannie Mae and Freddie Mac shares have tumbled on
concerns they will have to be bailed out by the US government as
a result of the US subprime home-loan collapse."]
More American women choose not to have children iht.com
8/20/8 ["Twenty percent of
American women from the ages of 40 to 44 have no children,
double the level of 30 years ago, the report says, and women in
that age bracket who do have children have fewer than ever - an
average of 1.9, compared with the median of 3.1 in 1976."]
Russian Forces Detain Georgian Soldiers at Port nytimes.com
8/20/8 ["...a network of
Russian forces took up positions along Georgia’s main highway.
Some of the troops who on Monday packed their equipment and said
they were ready to leave Gori had unpacked and moved back to
checkpoints at the city’s edge. A large part of the
conflict area remained lawless and in need of water and food,
several residents remaining in four villages said."]
High borrowing costs defy Fed's interest rate cuts
usatoday.com
8/20/8 ["One reason mortgage
rates are so high: Fannie Mae and Freddie Mac are buying far
fewer mortgages for their own portfolios. The mortgage giants
were major buyers in mortgage markets, and lower demand has
pushed yields higher."]
Goodyear to close 92 U.S. stores, cut jobs reuters.com
8/20/8 [""In the current
economic condition, people are driving less and it obviously
affects every facet of the U.S. auto industry, including how
often they replace tires or buy new cars," Goodyear spokesman
Keith Price said on Tuesday after the announcement."]
Depression survivors: 'We lived the hard way' jacksonsun.com
8/20/8 [""But I thought those
were some wonderful times, and I wouldn't mind going through
them again. We didn't know there was a depression because we
didn't have any money to begin with." Smith said his
family always had enough to eat. They grew their own fruits and
vegetables and hunted and fished."]
Christians Gather on National Mall for ‘Call’ to End Abortion
cnsnews.com
8/20/8 ["The number of people
on the Mall fell short of the 1 million organizers had hoped
for, but thousands showed up to fast, pray and listen to
speakers, including former Arkansas Governor and presidential
candidate Mike Huckabee, Norma McCorvey – the "Jane Roe" of Roe
v. Wade – and a stream of women and men who said abortion had
nearly destroyed their lives and relationships."]
States throw out costly electronic voting machines
ap.google.com
8/20/8 ["The demise of
touch-screen voting has produced a graveyard of expensive
corpses: Warehouses stacked with thousands of carefully wrapped
voting machines that have been shelved because of doubts about
vanishing votes and vulnerability to hackers."]
NYPD seeks to screen vehicles entering Manhattan
ap.google.com
8/19/8 ["Police officials say
Operation Sentinel would rely on license-plate readers,
radiation detectors and closed-circuit cameras installed at the
16 bridges and four tunnels serving Manhattan. About a million
vehicles drive onto the island every day. ...Operation
Sentinel is in just the planning phase."]
California doctors lose gay discrimination case
afp.google.com
8/19/8 ["Doctors in California
may not discriminate against gay patients on the basis of their
religious beliefs, the state's supreme court ruled on Monday."]
Pledging to leave Georgia, Russia instead tightens grip
iht.com 8/19/8 ["The
Russian military deployed several SS-21 missile launchers and
supply vehicles to South Ossetia on Friday, according to
American officials familiar with intelligence reports. From the
new launching positions north of Tskhinvali, the South Ossetian
capital, the missiles can reach much of Georgia, including
Tbilisi, the capital. ...Beyond South Ossetia, the Russian
military has taken other steps to raise its profile. In recent
days, several Bear-H bombers have carried out training missions
over the Black Sea"]
Security
officials to scan D.C. area license plates wtop.com
8/19/8 ["Officials from
Maryland, Virginia and the District of Columbia have agreed to
install 200 license plate readers on police vehicles, at
airports and along roads. The plan announced Friday will be
funded by federal homeland security grants for the area."]
Homeschooling Showdown in Brazil: Children to be Tested by Court
in Battle Over Educational Rights of Parents
lifesitenews.com
8/19/8 ["The outcome could
determine the future of homeschooling for countless families who
are currently forced to homeschool their children secretly, or
submit to the public education system."]
How to Survive (Almost) Anything: 14 Survival Skills
nationalgeographic.com
8/19/8 ["After more than three
decades of analyzing who lives, who dies, and why, I realized
that character, emotion, personality, styles of thinking, and
ways of viewing the world had more to do with how well people
cope with adversity than any type of equipment or training."]
Curiosity about U.S. Navy buildup in Persian Gulf
onenewsnow.com
8/19/8 ["In recent days
military sources have revealed that three new American flotillas
have arrived in Middle Eastern waters to join two other carrier
groups already there. The marshalling of such a vast armada of
more than 40 carriers, warships, and submarines has not been
seen since just before the 2003 U.S.-led invasion of Iraq."]
Back to school: Shaky economy hits kids ap.google.com
8/19/8 ["Nationwide, at least
14 other districts are switching to four-day weeks, and dozens
more are considering it, according to a recent survey by the
American Association of School Administrators. About 100
districts made the switch years ago, in many cases because of
the 1970s oil crisis. ...most schools will charge more for
lunch, the School Nutrition Association said. Schools will
still not break even."]
U.S. export boom helps farms, not factories iht.com
8/18/8 ["...Exports are the bright
spot this year in an otherwise bleak American economy. But the
world is not suddenly snapping up made-in-America goods like
aircraft, machinery and staplers. The great attraction is
decidedly low-luster commodities like corn, wheat, ore and scrap
metal. This helps explain why manufacturing jobs are
continuing to disappear by the tens of thousands and factories
are closing even during a miniboom in exports. While the surge
in commodities is a welcome relief, it is an unreliable prop for
an industrial power."]
Honeybee deaths reaching crisis point guardian.co.uk
8/18/8 ["The survey by the British
Beekeepers' Association (BBKA) revealed that nearly one in three
of the UK's 240,000 honeybee hives did not survive this winter
and spring. The losses are higher than the one in five
colonies reported dead earlier this year by the government after
10% of hives had been inspected. "]
Six days that broke one country - and reshaped the world order
guardian.co.uk
8/18/8 ["Gori and Senaki are not
ramshackle relics of the old Red Army of the type that litter
the landscape of eastern Europe. "These bases have only recently
been upgraded to Nato standard," ...The "enormous
arsenals" are American-made or American-supplied. American
money, know-how, planning, and equipment built these bases as
part of Washington's drive to bring Nato membership to a small
country that is Russia's underbelly."]
Russia: Poland risks attack because of US missiles
ap.google.com
8/16/8 [""Poland, by deploying
(the system) is exposing itself to a strike — 100 percent," Gen.
Anatoly Nogovitsyn, the deputy chief of staff of Russia's armed
forces, was quoted by the Interfax news agency as saying.
He noted Russia's military doctrine sanctions the use of nuclear
weapons "against the allies of countries having nuclear weapons
if they in some way help them." Nogovitsyn said that would
include elements of any strategic deterrence system, according
to Interfax."]
Georgia-Russia conflict shows EU's energy vulnerability
csmonitor.com
8/16/8 ["The Russo-Georgian
conflict is the latest in a series of setbacks for Europe's
planned Nabucco pipeline – its best hope of weaning itself off
Gazprom, which set off alarm bells by cutting crucial gas
supplies to the continent in the winters of 2006 and 2008."]
War shows that Putin is running things in Russia
apnews.excite.com
8/16/8 ["a prominent Russian
sociologist who studies the Russian political elite said Putin
is steadily expanding the powers of the prime minister. Many
members of the government who used to answer directly to the
president, including the defense minister and foreign minister,
now take their orders from Putin, said Olga Kryshtanovskaya."]
Russia-Georgia Conflict Offers Glimpse at New World Order
wsj.com
8/16/8 ["the troubling
strategic reality that is emerging is bigger and starker than
just that. The rise of energy prices also is enriching other bad
actors, creating a kind of globe-girdling string of well-heeled
regional antagonists the U.S. can't ignore."]
McDonald's Restaurants Continue to Promote Homosexuality
lifesitenews.com
8/15/8 ["A press release from
the American Family Association has given an update on the
involvement of McDonald's in the promotion of homosexuality.
"Now we learn that McDonald's sponsors training for homosexuals
on how to promote their agenda among corporations from the
inside. Out & Equal™ Workplace Advocates is a national
organization devoted to the lesbian, gay, bisexual and
transgender (LGBT) community in the workplace," the press
release states."]
Russia: Georgia can 'forget' regaining provinces
ap.google.com
8/15/8 ["The foreign minister
of Russia said Thursday that Georgia could "forget about"
getting back its two breakaway provinces, and the former Soviet
republic remained on edge as Russia sent tank columns to search
out and destroy Georgian military equipment."]
Conflict in Georgia narrows oil options for West iht.com
8/15/8 ["...energy experts say
that the hostilities between Russia and Georgia could threaten
American plans to gain access to more of Central Asia's energy
resources at a time when booming demand in Asia and tight
supplies helped push the price of oil to record highs."]
Cyberattacks on Georgian Web Sites Are Reigniting a Washington
Debate wsj.com
8/15/8 ["Among the biggest
questions: When is a cyberattack an act of war?"]
In the U.S., banks see more lending pain to come iht.com
8/15/8 ["About 75 percent of
U.S. lenders tightened their standards for home buyers, even the
best borrowers, in the second quarter. That's a huge majority
and up from 60 percent of lenders in the April survey. And
if you want a home equity loan, forget it. About 80 percent of
banks have raised their hurdles for making loans."]
New England Journal of Medicine: 'Brain Death' is not Death -
Organ Donors are Alive lifesitenews.com
8/15/8 ["In an article that is
sure to rock the world of organ donation, the highly respected
New England Journal of Medicine (NEJM) has backed up the
objections of various pro-life groups, as well as some
scientists and physicians, to certain types of organ donation
which involve the removal of vital organs from patients believed
to be dead. The problem, say the authors of the NEJM article, is
that in many cases these patients may not be dead at all."]
US foreclosure filings surge 55 percent biz.yahoo.com
8/15/8 ["Nationwide, more than
272,000 homes received at least one foreclosure-related notice
in July, up 55 percent from about 175,000 in the same month last
year and up 8 percent from June, RealtyTrac Inc. said. That
means one in every 464 U.S. households received a foreclosure
filing last month."]
Batman The Dark Knight - Should We Fear Imitation of the Joker?
lifesitenews.com
8/15/8 ["Seeing the film only a
few days after the very disturbing, unexplainable beheading of a
passenger on a Canadian bus, I could not help wonder if the
perpetrator had seen the Batman film. The description of the
killing and decapitation as having been carried out in a calm
manner, entirely without emotion, and the killer taking the head
of the man and glibly showing it to horrified witnesses, seemed
to fit with the Joker's character. Media screen shots of the
film showing the Joker holding up his "calling card" (a Joker
playing card with a decapitated head dripping blood) added
powerfully to the association."]
48% of America's Minors Exposed to R-rated Entertainment:
Dartmouth College Study lifesitenews.com
8/15/8 ["Dartmouth researchers
found that approximately 22 million of America's young people
between the ages of 10 and 14 (12.5%) have viewed one or more
restricted films. The most alarming numbers were recorded for
the film Scary Movie with an estimated 48% (10 million) of this
same age group having viewed the film despite the 'restricted'
rating. The online, family-friendly film reviewing site,
Screenit.com, gives "Scary Movie" an "extreme" rating (the
highest possible) for sexuality, violence and profanity. "]
Democratic Platform Calls for Homosexuals in the Military
cnsnews.com
8/15/8 ["The national platform
approved at a Democratic Platform Committee meeting in
Pittsburgh on Saturday includes language that calls for
repealing the “Don’t Ask, Don’t Tell” policy implemented by
Democratic President Bill Clinton and for allowing homosexuals
to serve openly in the military."]

'It's For The Children' newswithviews.com
8/15/8 [By Coach Dave Daubenmire "If
we really loved our children... If our children were
really our future we would teach them..."]
Psst, information tips on the rise from public to FBI
usatoday.com
8/15/8 ["Numbers spike with
publicity, O'Neill says. An Oprah segment on child predators
spurred a flurry of activity. He credits the steady rise this
year to growing public interest in news events, such as the
upcoming presidential election and the Olympics. "When you
have two candidates talking about terrorism, then you have the
public thinking about terrorism again," he says."]
Gay Candidate Wins a Colorado Primary nytimes.com
8/14/8 ["Mr. Udall, a Democrat, is
running for the Senate, and if Mr. Polis is elected to replace
him in November, he would become the third openly gay or lesbian
member of Congress. “I think this sends a signal to young
gays and lesbians across the country that they can consider a
career in public service and they shouldn’t be scared away from
that merely because of their sexual orientation,” said Mr.
Polis, who introduced his partner, Marlon Reis, during a raucous
victory party on Tuesday night."]
Banks' Subprime Losses Top $500 Billion on Writedowns
bloomberg.com
8/14/8 ["The writedowns and credit
losses at more than 100 of the world's biggest banks and
securities firms rose after UBS AG reported second-quarter
earnings today, which included $6 billion of charges on subprime-related
assets."]
One Third of New Owners Owe More Than House Is Worth
bloomberg.com
8/14/8 ["Almost one-third of U.S.
homeowners who bought in the last five years now owe more on
their mortgages than their properties are worth, according to
Zillow.com, an Internet provider of home valuations.
Second-quarter home prices fell 9.9 percent from a year
earlier..."]
Russia May Focus on Pro-U.S. Ukraine After Georgia
bloomberg.com
8/14/8 ["Moving to counter any
threat, Ukraine President Viktor Yushchenko today restricted the
movement of Russia's Black Sea fleet, based in the Ukrainian
port of Sevastopol, citing national security. The Foreign
Ministry in Moscow denounced the decision as a ``serious, new
anti-Russian step.''"]
Before the gunfire, cyberattacks iht.com
8/14/8 ["As it turns out, the July
attack may have been a dress rehearsal for an all-out cyberwar
once the shooting started between Georgia and Russia. According
to Internet technical experts, it was the first time a known
cyberattack had coincided with a shooting war."]
Fed holds first auction for 84-day loans ap.google.com
8/14/8 ["The Federal Reserve has
auctioned another $25 billion in loans to the nation's banks and
given them more time to pay the money back in an effort to
combat a serious credit squeeze. The Fed announced Tuesday
that the money would be loaned at a rate of 2.754 percent. In
the latest auction, the Fed offered the loans for an extended
period of 84 days, rather than the 28-day period for the
previous loans."]
Brazil Begins Pro-Homosexual "Diversity" Classes for Grades 1-9
lifesitenews.com
8/14/8 ["In the State of Sao Paulo,
the Secretary of Education has announced that, beginning in
2009, students will be taught "the importance of respecting the
sexual choice of every individual, destroying the taboos and
doubts of the students," according to the state's website."]
Abortion has no Negative Psychological Consequences: American
Psychological Association lifesitenews.com
8/14/8 ["The study's conclusions
dovetail neatly with the insistence of abortion industry
lobbyists that the key issue in abortion is "wantedness." If a
woman aborts an unwanted baby, the 90-page study says, the
psychological consequences are negligible. It is when a "wanted"
child is killed or dies, that a woman experiences subsequent
negative mental consequences."]
China to overtake US as largest manufacturer ft.com
8/12/8 ["is set to overtake the US
next year as the world’s largest producer of manufactured goods,
four years earlier than expected, as a result of the rapidly
weakening US economy."]
Federal Reserve finds deepening credit crisis ap.google.com
8/12/8 ["The new survey, conducted
in early July, found that about 75 percent of the banks surveyed
indicated they had tightened their lending standards for prime
mortgages. That was up from about 60 percent of banks who said
they were tightening lending standards for prime mortgages in
the previous survey."]
Russia Jets Bomb Georgia Oil Pipeline nysun.com
8/12/8 ["Georgia is a crucial link
in a three-country energy corridor, vital to western Europe's
oil and gas supply. The pounds $3.8 billion pipeline is the only
major conduit for Central Asian resources not under Russian
control."]
Russia opens new front, drives deeper into Georgia
ap.google.com
8/12/8 ["Georgia's president said
his country had been sliced in half with the capture of a
critical highway crossroads near the central city of Gori, and
Russian warplanes launched new air raids across the country."]
US military surprised by speed, timing of Russia military action
afp.google.com
8/12/8 ["But the official said there
was no obvious buildup of Russian forces along the border that
signaled an intention to invade. "Once it did happen they were
able to get the forces quickly and it was just a matter of
taking the roads in. So it's not as though they were building up
forces on the border, waiting," the official said."]
Eritrea: Christian Students Shut Into Shipping Containers
compassdirect.org
8/12/8 ["The eight male students
from the Sawa Defense Training Centre in Sawa, near Eritrea’s
border with Sudan, were incarcerated after military authorities
confiscated more than 1,500 personal Bibles from new students
arriving for the 2008-2009 academic year. The eight
students objected when military officials began burning the
Bibles. "]
U.S. Court of Appeals Upholds First-Amendment Right to
Distribute Religious Materials lifesitenews.com
8/12/8 ["Granite City, Ill.
ordinance restricting distribution of pro-Life handbills found
unconstitutional"]
Germany
Declares War on Home-Schoolers cbn.com
8/12/8 ["After an international
uproar, Melissa was returned to her family. But other
home-schooling families face even worse persecution. More and
more parents are being sent to prison. Heavy fines are leaving
home-schooling families destitute. And more and more children
have been taken into state custody. ...German home-schooler
Heiko Krautter told us he would be sinning to put his children
in a state school. He said, "These things in the school,
the official state school, they destroy the children. And we
teach the children in the things of God. And the people in the
official school teach the children in other things, against
God."" Editor: Why isn't that the conviction of
American Christian parents?]
Wachovia boosts loss to $9.11 bln, cuts more jobs
guardian.co.uk
8/12/8 ["... increased its
previously reported second-quarter loss to $9.11 billion to
cover costs to settle a probe of auction-rate securities sales,
and said it will cut more jobs as the housing market
deteriorates. The fourth-largest U.S. bank is now reporting a
loss of $4.31 per share, up from the $8.86 billion, or $4.20 a
share, it reported on July 22"]
FDIC Fund Strained by Bank Failures May Lift Premiums
bloomberg.com
8/12/8 ["The failure of IndyMac
Bancorp Inc. and seven other banks this year may erase as much
as 17 percent of a government insurance fund and raise premiums
for all banks..."]
Russia pursues retreating Georgian troops iht.com
8/11/8 ["Russian tanks and troops
moved through the separatist enclave of South Ossetia and
advanced on the city of Gori in central Georgia on Sunday night,
for the first time directly assaulting a Georgian city with
ground forces after three days of heavy fighting, Georgian
officials said."]
For U.S., bigger issues require Russian help iht.com
8/11/8 ["While the United States
considers Georgia its strongest ally in the bloc of former
Soviet countries, Washington needs Russia too much on big issues
like Iran to risk it all to defend Georgia."
Editor: I believe this discrepancy will grow until the US
literally becomes a mute point on the international stage,
probably after economic collapse in our land, thus enabling
Russia and Persia (Iran), et al to move against Israel.]
DHS
stays mum on new 'Cyber Security' center news.cnet.com
8/11/8 ["The Bush administration's
newly created National Cyber Security Center remains shrouded in
secrecy, with officials refusing to release information about
its budget, what contractors will run it, and how its mission
relates to Internet surveillance."]
Paulson says won't stay at Treasury past January reuters.com
8/11/8 ["in an interview aired on
Sunday he had no interest in staying in his post beyond January
when a new administration takes office."]
When Pessimism Prevails, It's Time to Get Rich
finance.yahoo.com
8/11/8 [By Robert Kiyosaki "Am
I optimistic for the long-term? Absolutely not. I still believe
we're due for the mother of all market crashes, and that the
U.S. economy is running on borrowed time -- and I do mean
borrowed. I think most baby boomers are in serious financial
trouble, and that oil will climb above $200 a barrel. Inflation
will also increase, causing more pain for the poor and middle
class. The Fed is flooding the market with nearly a
trillion dollars of liquidity, which is why I believe gold under
$1,200 an ounce and silver under $30 an ounce are bargains."
Editor: Great financial writer - I've read several of his
earlier books. Good reads on your concept of assets.
However, for this article, it is interesting that he sees
basically the collapse of our economy, yet he does not also
realize the associated disorder and chaos that accompanies it.
His analysis on the financial situation is straight on, though.
Stay away from stocks, etc., though.]
UBS counts the cost of subprime after 'annus horribilis'
afp.google.com
8/11/8 ["But the bank's woes are far
from behind it, and certainly not in the key American market.
Just on Friday, UBS agreed to buy back 18.6 billion dollars'
worth of stressed securities in a deal with US authorities.
UBS said it would endure a pre-tax charge of around 900 million
dollars related to its settlement. Analysts say other banks are
also likely to undergo financial hits from the buybacks."]
Credit crisis
triggers unprecedented response msnbc.msn.com
8/11/8 ["...the Great Depression was
the last time financial markets were hammered by such a variety
of factors. "But we did not even have credit cards in the 1930s;
there were no such thing as student loans," he added. The
breadth and speed of events have sent federal officials
scrambling to plug leaks in the financial system. In the
process, the government has bound taxpayers to the fate of a
wide variety of banks and borrowers and could ultimately be
responsible for losses in the tens of billions of dollars or
more, according to estimates by congressional reports and
interviews with regulators."]
Noah
Floated His Whole Stock newswithviews.com
8/11/8 [By Betty Freauf "
McGee was firmly convinced that if God’s people today would give
out His Word and live lives that would commend the gospel, He
would make their witness effective. There are many pastors in
our day who are so afraid they will lose the crowd that they do
anything to attract people to their church. They’ll send spies
into other churches that seem to attract crowds to emulate them.
But God has never asked us to compromise. "]
In Beijing, Bush balances diplomacy, faith and the Olympics
iht.com
8/11/8 ["He also thanked Hu for
helping to arrange a visit to services at the Beijing Kuanjie
Protestant Christian Church, one of the relatively small number
of officially registered institutions, which he attended with
his wife, Laura, and their daughter Barbara. Before the
visit, aides had considered visiting an unauthorized "house
church," but the Chinese authorities had objected, and the White
House opted not to press the matter."]
Who's Guiding The Olympic Vision? newswithviews.com
8/11/8 [By Berit Kjos "The new
acropolis is here! It's making a difference! For whenever groups
of people tune their hearts to a shared experience, their
personal values tend to change and blend -- be it ever so
slightly each time. Change agents in churches as well as in
government, community organizations, the UN, or the Olympic
Committee are counting on it! Whether true or false, enticing
stories and visual images can plant transformational suggestions
in the collective mind."]
Olympic Games begin in Beijing iht.com
8/9/8 [""The historic moment we
have long awaited is arriving," President Hu Jintao said earlier
Friday at a luncheon with visiting heads of state, including
President George W. Bush. "The world has never needed mutual
understanding, mutual toleration and mutual cooperation as much
as it does today.""]
Secret EU security draft risks uproar with call to pool policing
and give US personal data guardian.co.uk
8/9/8 ["The 53-page report
drafted by the Future Group of interior and justice ministers
from six EU member states - Germany, France, Sweden, Portugal,
Slovenia, and the Czech Republic -argues Europe will need to
integrate much of its policing, intelligence-gathering, and
policy-making if it is to tackle terrorism, organised crime, and
legal and illegal immigration."]
Legislature Passes Bill for "Gay Day" Celebrations in California
Public Schools lifesitenews.com
8/9/8 ["...unless Governor
Arnold Schwarzenegger vetoes the legislation. ...The bill
will require all public schools to "conduct suitable
commemorative exercises" in commemoration of the anti-religious,
homosexualist agenda of the late San Francisco Supervisor Harvey
Milk."]
Putin Says `War Has Started,' Georgia Claims Invasion
bloomberg.com
8/9/8 ["Russian Prime Minister
Vladimir Putin said ``war has started'' over the breakaway
region of South Ossetia as Georgian President Mikheil
Saakashvili accused its neighbor of a ``well-planned invasion.''"]
'2 US aircraft carriers headed for Gulf' jpost.com
8/9/8 ["...according to the
Kuwaiti newspaper Kuwait Times. Kuwait began finalizing
its "emergency war plan" on being told the vessels were bound
for the region. The US Navy would neither confirm nor deny
that carriers were en route. US Fifth Fleet Combined Maritime
Command located in Bahrain said it could not comment due to what
a spokesman termed "force-protection policy." "]
U.S. Department of Health Backing Down on Controversial Freedom
of Conscience Regulation lifesitenews.com
8/9/8 ["A U.S. Department
Health and Human Services proposed regulation that would protect
freedom of conscience for pro-life physicians and pharmacists
will likely be rewritten to reflect pro-abortion demands."]
Obama Pledges ‘Total Equality’ for Same-Sex Families
cnsnews.com
8/9/8 ["In an Aug. 1 letter to
a Boston-based homosexual rights group, the Family Equality
Council, Obama specifically pledged to use the presidency to
overturn DOMA – and pledged his support for homosexual
“families” and efforts to totally redefine marriage."]
The Global Ambition of Rick Warren time.com
8/9/8 ["A shift away from "sin
issues" — like abortion and gay marriage — is reflected in
Warren's approach to his coming sit-downs with the candidates.
He says he is more interested in questions that he feels are
"uniting," such as "poverty, HIV/AIDS, climate change and human
rights," and still more in civics-class topics like the
candidates' understanding of the role of the Constitution. There
will be no "Christian religion test," Warren insists. "I want
what's good for everybody, not just what's good for me. Who's
the best for the nation right now?""]
Homeschooling OK – even in California worldnetdaily.com
8/9/8 ["An appeals court in
California has ruled that state law does permit homeschooling
"as a species of private school education" but that statutory
permission for parents to teach their own children could be
"overridden in order to protect the safety of a child who has
been declared dependent.""]
AL: Residents tell Jefferson County commissioners to file for
bankruptcy al.com
8/9/8 [" Jefferson County now
is faced with the possibility of filing for bankruptcy, which
would become the largest municipal bankruptcy filing in the
nation's history. ...Jefferson County sold bonds to raise
about $3.2 billion to pay for improvements to its sewer system,
but now is in danger of defaulting on the debt. "]
Airlines to cut 60m seats for Christmas telegraph.co.uk
8/9/8 ["the equivalent of one
in every 14 seats, in response to high oil prices and the global
credit crisis, according to the Official Airline Guide (OAG).
Reduced availability is almost certain to force up ticket
prices. ...Routes will be scrapped at 275 airports around
the world and 3,500 fewer planes will be needed, according to
the OAG. While Europe will suffer the loss of 5.5m seats,
America will be worst hit, with a reduction of about 20m. "]
Fannie Mae loses $2.3B in quarter as defaults rise
ap.google.com
8/9/8 ["Fannie Mae is making
bold cutbacks that will send shock waves through the mortgage
market, after posting a quarterly loss Friday that was
three-times larger than Wall Street expected."]
RBS falls into huge loss after subprime hit afp.google.com
8/9/8 ["The Royal Bank of
Scotland revealed an 11.4-billion-dollar hit from the US
subprime crisis on Friday, and a resulting half-year loss among
the biggest in British banking history. RBS, the
second-biggest British bank..."]
Prices for some drugs skyrocket usatoday.com
8/9/8 ["The number of
brand-name drugs with increases of 100% or more could double
this year from four years ago, researchers from the University
of Minnesota say. Many of the drugs are older products that
treat fairly rare, but often serious or even life-threatening,
conditions."]
A
Peculiar People newswithviews.com
8/8/8 [By Coach Dave Daubenmire "It
is so hard to recognize a Christian any more. For the most part
we are a bunch of Chameleons, we Christians."]
Foremost UK Gay Activist Admits there is No Gay Gene
lifesitenews.com
8/8/8 ["The "gay gene" theory
has been used by gay activists "to deny choice, to make it
appear that homosexuals cannot help it, and to argue that any
criticism of the gay lifestyle is as silly as criticism of being
left-handed or red-haired." "And this has been a
deliberate strategy by homosexual activists. They have done a
very good job to convince a gullible public that homosexuals are
born that way and cannot change.""]
Peter G. Peterson Foundation
pgpf.org
8/8/8 [David Walker]
E.P.A. Won’t Ease Requirements for Ethanol in Gas
nytimes.com
8/8/8 ["The Environmental
Protection Agency rejected on Thursday a request to cut the
quota for the use of ethanol in cars, concluding, for the time
being, that the goal of reducing the nation’s reliance on oil
trumps any effect on food prices from making fuel from corn."]
China cracks down to clean Christians out of Beijing
worldnetdaily.com
8/7/8 ["Burton told WND that in
most cases, the Beijing Public Security Bureau uses the same
terror-raid tactics to stifle free associations of Christians in
what the government calls the "unregistered church": Police
storm a building where a house church is meeting, arrest the
pastor, disband the members and warn them not to meet again.
Those arrested in the raids are charged with "participation in
evil cults" or "disrupting social order," Burton reports."]
Freddie Mac's rising losses bode ill for US housing crisis
afp.google.com
8/7/8 ["a shocking loss in the
second quarter that bodes ill for the US taxpayer after the
government's huge rescue package. ...loss of 821 million
dollars, with the loss per share at 1.63 dollars, more than
triple most analysts' forecasts of 53 cents per share."]
AIG loses $5 billion iht.com
8/7/8 ["After excluding
one-time items, the loss was 51 cents a share — much worse than
the 63-cent gain that analysts were anticipating."]
Senator
Suing God Urges Judge to Proceed abcnews.go.com
8/7/8 ["A senator for 38 years,
Chambers skips morning prayers during the legislative session
and often criticizes Christians. He is being pushed out of the
Legislature by term limits."]
Canadian Same-sex "Marriage" Forces Spousal Insurance Coverage
in New York lifesitenews.com
8/6/8 ["Last week, a New York
lesbian woman won a lawsuit forcing her insurance company to
provide her "spouse," who she "married" in Canada, with
insurance coverage."]
U.S. spending obligations surge csmonitor.com
8/6/8 ["Moreover, last week the
White House Office of Management and Budget (OMB) projected the
US budget deficit for the next fiscal year to be $482 billion,
the largest deficit in US history in nominal terms.
...pass an economic package, including stimulus checks for most
American families. If that plan had not been passed, the
projected deficit for the current fiscal year would be $117
billion lower than the estimated $389 billion"]
Planned Layoffs Jumped 26 Percent in July: Survey
newsmax.com
8/6/8 ["Planned layoffs at U.S.
companies totaled 103,312 in July, compared with June's 81,755,
employment consulting firm Challenger, Gray & Christmas Inc
said. Announced job cuts at U.S. companies last month were
the second highest total so far in 2008, more than double the
42,897 a year earlier..."]
State: Just in case, we'll take your gun worldnetdaily.com
8/6/8 ["A new report to the
Connecticut state legislature shows police have used the state's
unique gun seizure law to confiscate more than 1,700 firearms
from citizens based on suspicion that the gun owners might harm
themselves or others. ...The vast majority of cases,
however, begin when a person – usually a spouse or live-in,
according to the OLR report – file a complaint."]
Hundreds of banks will fail, Roubini tells Barron's
reuters.com
8/6/8 ["The United States is in the
second inning of a recession that will last for at least 18
months and help kill off hundreds of banks, influential
economist and New York University Professor Nouriel Roubini told
Barron's in Sunday's edition. Taxpayers will pay a
big price for helping bail out the rest of the financial
services industry as well, Roubini said -- at least $1 trillion
and more likely $2 trillion. The banks will become
insolvent because of mounting losses as a result of the housing
bust and because they have only written down their subprime
loans so far, he said. Still in front of them are their
consumer-credit losses"]
Companies Tap Pension Plans To Fund Executive Benefits
wsj.com
8/6/8 ["...shows how it works and
reveals that the maneuver, besides being a dubious use of tax
law, risks harming regular workers. It can drain assets from
pension plans and make them more likely to fail. Now, with the
current bear market in stocks weakening many pension plans, this
practice could put more in jeopardy."]
Inflation Takes Steam Out of Rise in Spending nytimes.com
8/5/8 ["Consumers spent more in
June, but only because the things they bought cost more."]
Troops
patrolling Italian cities news.bbc.co.uk
8/5/8 ["Italian troops have
begun patrolling cities as part of a government campaign to
combat crime and boost security. Some 3,000 soldiers will
be deployed over the next week in major cities including Milan,
Rome and Naples. "]
Greenspan warns governments may have to bail out more banks
afp.google.com
8/5/8 ["Greenspan also extolled
the virtues of globalisation, describing it as having been "at
the root of the past decade's unprecedented surge in world
economic activity.""]
U.N. grants status to homosexual-rights groups
worldnetdaily.com
8/5/8 ["recently accorded two
homosexual-rights groups "consultative status," raising
opposition from pro-family advocates who see the move as a
weakening of national sovereignty that could result in lowering
the age of consent for homosexual sex. U.N. watchdogs also
cite homosexual-rights groups' historical alignment with
organizations advocating pedophilia."]
Housing Lenders Fear Bigger Wave of Loan Defaults
nytimes.com
8/5/8 ["Homeowners with good
credit are falling behind on their payments in growing numbers,
even as the problems with mortgages made to people with weak, or subprime, credit are showing their first, tentative signs of
leveling off after two years of spiraling defaults."]
UNFPA's Annual
Report Focuses on "Reproductive Health," Meaning Abortion
lifenews.com
8/5/8 ["The United Nations
Population Fund (UNFPA) recently released its annual report for
2007, touting principally the organization’s work in the field
of “sexual and reproductive health.” The radical nature of
the document is revealed in the number of times certain issues
are mentioned. In a 36 page document "reproductive health" or
"reproductive rights", which are used as euphemisms for
abortion, are mentioned 80 times. "]

Televangelists Snicker All The Way To The Banks
newswithviews.com
8/4/8 [By Marsha West "After a
rambling, free-ranging talk about the worsening economy and the
price of gas, he told us that he would give us all two things to
help us get through perilous times. The first was a list of 7
Bible promises, as he called them, that he had printed up on a
card. The mixture of truth and error was very evident here."]
Aleksandr Solzhenitsyn dies at 89 iht.com
8/4/8 [""Gulag" was a monumental
account and analysis of the Soviet labor camp system, a chain of
prisons that by Solzhenitsyn's calculation some 60 million
people had entered during the 20th century. The book led to his
expulsion from his native land. George Kennan, the American
diplomat, described it as "the greatest and most powerful single
indictment of a political regime ever to be leveled in modern
times.""]
Stressed banks borrow record amount from Fed reuters.com
8/4/8 ["Secondary credit the Fed
extended, which is usually taken out by banks in need of
emergency cash, rose to $89 million in the latest week, from $34
million the week before. Although these numbers are still very
small compared with primary credit, "What that tells you is that
there's an increasing number of banks that the Fed is
classifying as 'unsound' or inadequately capitalized," Low said."]
Total Borrowings of Depository Institutions from the Federal
Reserve stlouisfed.org
8/4/8 [""]
Small Florida bank is 8th U.S. failure this year reuters.com
8/4/8 ["The Federal Deposit
Insurance Corp said First Priority Bank had $259 million in
assets and $227 million in deposits and its failure will cost
the federal fund that insures deposits an estimated $72 million."]
More than 56,000 in U.S. infected with AIDS each year
reuters.com
8/4/8 ["The CDC stressed that actual
infection rates have not risen but said better methods of
measuring newly diagnosed infections and extrapolating these to
the general population led to the higher estimates."]
D.C. State Board of Education Approves New Restrictive
Homeschool Regulations lifesitenews.com
8/2/8 ["Among other things, the new
regulations require annual notification of a parent's intent to
homeschool on a form to be developed by the OSSE, maintenance of
a portfolio of schoolwork, and up to two annual portfolio
reviews by the OSSE to determine whether a homeschool program,
in OSSE's opinion, is providing "regular, thorough instruction"
in the required subjects."]
S&P cuts
U.S. automakers' ratings further into junk status
mercurynews.com
8/2/8 [" "We believe sharply lower
U.S. light-vehicle demand and the recent dramatic shift in
demand away from large pickup trucks and SUVs amid higher gas
prices will complicate the turnaround efforts of all three
automakers and reduce their currently adequate liquidity
considerably over the next year and a half," S&P Credit Analyst
Robert Schulz said in a statement."]

America – A Seething Cauldron! lasttrumpetministries.org
8/1/8 [By Pastor David Meyer
"We live in a nation that accepts every kind of idol, religion,
sexual orientation, perversion, gambling, abortion, and other
unmentionable evils. Truly, our erstwhile great nation of the
United States has become a pot of scum. This is the way God
described backslidden Israel, and they didn’t like hearing it
either."]
"Dark
knight" of hollywood's soul christiantelegraph.com
8/1/8 ["It's not because "Dark
Knight" is graphically violent (violence has become the sine qua
non of action films), but because it's sickeningly sadistic and
nihilistic to the point of howling-at-the-moon madness.
...Heath Ledger was so messed up by his performance (getting
into the Joker's character) that he suffered from insomnia.
Ledger used six different prescription medications, including
the elephant-gun painkiller Oxycotin and anti-depressants like
Valium and Xanax. He ended up dying of an overdose in January."]
Toying with Death crossroad.to
8/1/8 [By Berit Kjos ""Are we
training our children to kill?" asked Lieutenant Colonel David
Grossman, an expert in the field of killology. For many years,
he has "traveled the world training medical, law enforcement,
and U.S. military personnel about the realities of warfare." He
contends that point-and-shoot video games actually train young
players to accurately shoot and kill human targets in spite of
their natural, God-given resistance. His statistics validate his
frightening conclusions..."]
Thousands laid off in California news.bbc.co.uk
8/1/8 ["Governor Arnold
Schwarzenegger of California has moved to end a budget crisis by
sacking 22,000 state workers and ordering pay cuts for
200,000."]
Bush signs sweeping housing bill iht.com
8/1/8 ["To accommodate the rescue
plan for the mortgage companies, the bill raises the national
debt ceiling to $10.6 trillion, an increase of $800 billion. The
bill also creates significant liabilities and risks for
taxpayers, that are virtually impossible to calculate."]
Official spending outpaces revenue usatoday.com
8/1/8 ["State and local government
spending has been rising three times as fast as revenue amid
warnings from governors that their finances are nearing crisis
stage. As many Americans face stagnant wages, high gas
prices and job uncertainty, new government figures show that
state and local governments boosted spending 7.8% in the second
quarter compared with 2007 while revenue rose 2.5%."]
India Learns from Uganda: New AIDS Strategy Rejects Failed UN
Approach - Will Focus on Abstinence, Fidelity
lifesitenews.com
8/1/8 ["One of the only national
programs ever to effectively combat HIV/AIDS was the Ugandan ABC
program, which focused on abstinence and being faithful to one
partner. Now the Indian national AIDS committee is adopting this
same approach in their effort to curb HIV/AIDS rates. A
spokesperson for India's National Council of Educational
Research and Training (NCERT) told the media yesterday that
sex-education taught to students will focus on abstinence and
fidelity, not condoms and 'safer sex.'"]
Bush Administration Announces Restructuring of Intelligence
Agencies washingtonpost.com
8/1/8 [""]
|