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America
- An Abomination That Maketh Desolate! lasttrumpetministries.org 2/29/8 [By
Pastor David Meyer "The entire world is beginning to feel the
heavy effects of global sinning and rebellion against the Almighty
Creator. In the United States, the economy is so far gone that it is on
life support. The government doesn't want you to think about that, but
even the biggest optimists are finding themselves whistling in the
graveyard to keep their courage up! Something spiritually strange is going
on regarding all of this."]
'Panic'
wheat buying across the US farmonline.com.au 2/29/8 ["In the
wheat price surge this week, the leading wheat contract in Minneapolis,
US, has risen by more than the entire worth of the contract just months
ago. Prices rallied by $5.75 a bushel on Monday, being up by nearly
30pc at one point compared with Friday’s close. Eight months ago on
June 19, the lead Minneapolis wheat contract settled at over $US5.00 a
bushel. Panic over commodity shortages continues to emerge as the dominant
factor in the global markets, with both end user and speculative buyers of
corn, soybean, cotton, rice and a host of other commodities taking note of
what’s happening in the wheat pit."]
New Day, New Lows for Dollar ap.google.com 2/29/8 ["The U.S.
economy grew at a scant 0.6 percent pace in the October-to-December
quarter, according to the Commerce Department report, compared with a much
healthier 4.9 percent in the previous quarter. That finding pushed
the 15-nation euro to a record $1.5229 in New York — past its previous
record of $1.5143 set Wednesday."]
Lawmakers clash on mortgage bill, bankruptcy changes iht.com 2/29/8 ["Lawmakers
clashed on how to deal with the home lending crisis Thursday, as Senate
Republicans blocked a Democratic bid to let bankruptcy courts ease the
burden on borrowers who can't make their mortgage payments."]
Calif. City of 120,000 Faces Bankruptcy ap.google.com 2/29/8 [""It's
a nightmare for city governments because they have to continue to pay
these benefits that were granted when they had extra money from real
estate and sales tax," Fritz said. More California cities may file
for bankruptcy because they face the same toxic mix of falling tax
revenue, rising payroll expenses and a slumping housing market, experts
say."]
New York
Judge Permits Lesbian Divorce Despite State's Non-Recognition of Same-sex
"Marriage" lifesitenews.com 2/29/8 ["It is the first time in New
York judicial history that a judge has allowed homosexuals to seek a
divorce. While Donna M. contends that a divorce case is impossible
in a state that does not allow for same-sex "marriages," Supreme Court
Justice Laura Drager ruled the state can still recognize the marriage that
took place outside of New York. "]
'Virtual Fence' Along Border To Be Delayed washingtonpost.com 2/29/8 ["delaying
completion of the first phase of the project by at least three years
...authorities confirmed that Project 28, the initial deployment of the
Secure Border Initiative network, did not work as planned or meet the
needs of the U.S. Border Patrol."]
What bad banking news means to you cnn.com 2/29/8 [""Regulators
are bracing for 100-200 bank failures over the next 12-24 months," says
Jaret Seiberg, an analyst with the financial services firm, the Stanford
Group. ...Banking experts say there is one thing that will save your
money if your bank goes under. That's FDIC insurance. "It's the gold
standard," says banking consultant Bert Ely. "The FDIC has ample
resources. It's never been an issue," he says." Editor: They
haven't had to deal with anywhere near 100-200 bank failures in a period
of months...]
Florida Power Blackout Remains a Puzzle ap.google.com
2/28/8 ["Power executives were still in the dark Wednesday about how a
glitch at a substation triggered a blackout that cut power to millions
across south Florida. The outage darkened traffic signals, forced
hospitals to scramble for generators and cut off air conditioners in the
afternoon heat. ...The president of Florida Power & Light said an
equipment malfunction at one electrical substation should not have caused
the outages."]
Commodity boom means double whammy for food groups
reuters.com
2/28/8 ["Europe's top food makers are under pressure on two fronts.
With rampant commodity costs forcing them to raise prices, hard-pressed
consumers are opting for cheaper products while critics insist that the
industry is milking the situation." ...all have faced higher
mineral oil prices which have raised production, packaging and transport
costs. The pressures show no sign of abating with the Chicago Board
of Trade corn, soybean and wheat markets rising 15 to 21 percent since the
start of this year]

Worst time for price of gasoline to be soaring
seattletimes.nwsource.com
2/28/8 ["The depth of the nation's economic problems became clearer
Tuesday with the release of figures showing prices at the producer level
rose 1 percent in January from December, driven in large measure by energy
costs. Compared with a year ago, prices were up 7.4 percent, the worst
producer-price inflation in the United States since 1981."]
Federal panel recommends almost all kids get flu shots each year
mercurynews.com
2/28/8 [" An advisory panel to the U.S. Centers for Disease Control said
all children aged 6 months to 18 years should receive the vaccine,
extending a previous recommendation to immunize children up to 5 years.
"It is a big deal," said flu expert Dr. Roger Baxter, co-director of
Kaiser Permanente Vaccine Study Center in Oakland. "It's adding an
incredibly large number of people to the recommendations." "]
Planned Parenthood Web Site Promotes Porn to Teens cnsnews.com
2/28/8 ["Teenwire.com, the Planned Parenthood Web site that says it was
created "to provide medically accurate sexual health information for teens
on the Internet," is advising teens that viewing pornography is a normal
and "safer" way of enjoying sex."]
Oil Hits Record
$102 As Dollar Tumbles abcnews.go.com
2/28/8 ["The dollar sank to a record low against the euro after the
release of three disheartening U.S. economic reports Tuesday that show
that the economy is slowing as prices for consumer goods rise. The
dollar's decline prompted investors to seek a safe haven from turmoil in
the financial markets and the threat of inflation."]
National Pastors
Convention: It’s a Leftie-Palooza sliceoflaodicea.com
2/28/8 [By Ingrid "As if eastern spirituality wasn’t bad enough , Zondervan, who sponsors the NPC, has brought in political liberals like
Shane Claiborne and Jim Wallis to make sure that left-wing theology
matches left-wing politics. You can see the full line-up of speakers here.
The National Pastors Convention is an indication of evangelicalism’s
future. Only those whose feet are on the rock of the unchanging Word of
God will not be swept away by this tsunami of spiritual deception. The
deception is not the exception, it is the norm now. Contend for the faith."]
Medical Journal:
Adult Stem Cell Research Trumps Embryonic in Helping Patients
lifenews.com
2/28/8 ["...in the Journal of the American Medical Association makes it
clear adult stem cell research is leading the way in providing tangible
assistant to patients with a variety of ailments. The article validates bioethicists who have said the use of adult stem cells can treat a wide
variety of diseases already."]
India: More than 800 farmers commit suicide in six months asianews.it
2/28/8 ["...many farmers borrow from village moneylenders at rates as high
as 10 per cent a month. And their debts soar when crops fail due to poor
rains or when prices tumble."]
Visionaries take on life, evil, and the universe at TED conference
afp.google.com
2/28/8 ["The list of past speakers features novelist Isabel Allende; rock
stars Bono and Peter Gabriel; former US president Bill Clinton and vice
president Al Gore; Wikipedia creator Jimmy Wales, and Google founders
Serge Brin and Larry Page."]
Study: Spanking may lead to sexual problems later usatoday.com
2/28/8 ["...suggests that children whose parents spanked, slapped, hit or
threw objects at them..."]
Bankruptcy Act wsj.com
2/28/8 ["On the same day that President Bush signed the bill, February 13,
the Senate Majority Leader introduced Son of Stimulus, with plans for a
floor vote today. For this bill Mr. Reid decided to ignore the
normal vetting of committee hearings and markups, and it shows. Democrats
laud the $200 million in the bill for credit counseling, but the actual
language of the bill directs $200 billion to something called the
Neighborhood Reinvestment Corporation."]
One Iraq war –that’s $3 trillion to you, Mr Bush timesonline.co.uk
2/28/8 ["The Nobel laureate economist Joe Stiglitz says the US has grossly
understated the cost of the conflict ...Eight years ago he quit his
position as chief economist at the World Bank, having launched an
outspoken attack on its sister organisation, the International Monetary
Fund. He said the fund was made up of “third-rate economists from
first-rate universities”, peddling snake-oil remedies to poor countries
desperate for economic development."]
France, Gulf states begin war games jpost.com
2/28/8 ["France, Qatar and the United Arab Emirates have begun joint
military drills in the shadow of the crisis over neighboring Iran's
nuclear program. ...The strategic location of the Hurmuz straits is
a factor to reckon with, and since so many countries have forces based in
the Gulf, it is only natural that they be involved in training and
coordination maneuvers with their GCC partners, Qallab said."]
Canada concerned about protectionism if NAFTA dies reuters.com
2/28/8 ["Canada voiced concern on Wednesday about "protectionist
outbursts" from the United States if that country were to pull out of the NAFTA trade agreement as Barack Obama and Hillary Clinton are threatening."]
Moneychangers Destroying America, And Christians Don't See It
newswithviews.com
2/27/8 [By Pastor Chuck Baldwin "In an exclusive interview with
WND during Vigilant Shield 2008, Gen. Renuart affirmed USNORTHCOM would
deploy U.S. troops on U.S. soil should the president declare a domestic
emergency in which the Department of Defense ordered USNORTHCOM
involvement. "In May 2007, WND reported President Bush, on his own
authority, signed National Security Presidential Directive 51, also known
as Homeland Security Presidential Directive 20, authorizing the president
to declare a national emergency and take over all functions of federal,
state, local, territorial and tribal governments, without necessarily
obtaining the approval of Congress to do so." "]
One in 10 home loans is under water: Economy.com reuters.com
2/27/8 ["Nearly 8.8 million homeowners, or 10.3 percent, are in over
their heads, its chief economist, Mark Zandi, estimates. As a
result, millions of U.S. homeowners have the incentive to abandon their
properties. With an already unwieldy supply of homes for sale, more
inventory could prolong a recovery of the hard-hit U.S. housing sector,
suffering one of the worst downturns in history."]
Housing Slump Puts Mortgages Underwater courant.com
2/27/8 ["By the end of this year, as many as 15 million U.S.
households may owe more on their mortgages than their homes are worth,
according to an estimate from Jan Hatzius, chief U.S. economist of New
York-based Goldman Sachs Group Inc. That may fuel an increase in
foreclosures, erode prices and increase mortgage bond losses..."]
US Home Foreclosures Soar
in January abcnews.go.com
2/27/8 ["The number of homes facing foreclosure jumped 57 percent in
January compared to a year ago, with lenders increasingly forced to take
possession of homes they couldn't unload at auctions, a mortgage research
firm said Monday. Nationwide, some 233,001 homes received at least
one notice from lenders last month related to overdue payments, compared
with 148,425 a year earlier, according to Irvine, Calif.-based RealtyTrac
Inc. Nearly half of the total involved first-time default notices."]
Greenspan touts solution to Gulf inflation businessday.co.za
2/27/8 ["Former Federal Reserve chairman Alan Greenspan said
yesterday near-record Gulf Arab inflation would fall “significantly” were
the oil producers to drop their dollar pegs, in contradiction to Saudi
policy. ... Divergence in Gulf monetary policy widened last May when
Kuwait broke ranks with its neighbours by severing its link to the dollar
in favour of a basket of currencies, saying a weak dollar was driving
imported inflation."]
NJ Gov's "cold turkey" budget slashes spending reuters.com
2/27/8 ["A slowing economy has also damaged the state's tax revenue.
...The $500 million cut reflected a downturn in revenue from income and
other taxes because of the slowing economy. ...He also renewed an
appeal to legislators to back his efforts to pay down debt and fund
transportation infrastructure renewal by handing management of the state's
major toll roads to a public benefit corporation that would issue bonds
based on sharply increased toll revenues."]
States Seek Congress's Aid as Subprime Boosts Costs bloomberg.com
2/27/8 ["nterest on insured bonds, including debt with rates set at
periodic auctions, rose to as high as 20 percent because investors shunned
the securities or demanded higher yields on waning confidence in the
companies guaranteeing repayment. The jump in borrowing costs is another
consequence of a credit pinch tied to the subprime collapse that led to
$163 billion in Wall Street writedowns. ``A lot of governors really
hadn't anticipated that,'..."]
Euro surpasses 1.50-dollar mark for first time afp.google.com
2/27/8 [""With so few consumers expecting conditions to turnaround in
the months ahead, the outlook for the economy continues to worsen and the
risk of a recession continues to increase," said Lynn Franco, a director
of the Conference Board's consumer research center."]
Rescues for Homeowners in Debt Weighed nytimes.com
2/27/8 ["Not since the Depression has a larger share of Americans
owed more on their homes than they are worth. With the collapse of the
housing boom, nearly 8.8 million homeowners, or 10.3 percent of the total,
are underwater."]
When credit cards put you in jeopardy cnn.com
2/26/8 ["The overall credit card debt grew by 315 percent from 1989
to 2006, according to public policy research firm Demos. To compound
the problem, fewer people are paying their credit cards bills on time. The
percentage of people delinquent on their credit cards is the highest it's
been in three years, according to CardTrack.com. "]
A
critique of The Shack crossroad.to
2/26/8 [By Julie Klassen Editor: Good points; quotes non-kjv.]
After
housing bust, hard times in Arizona csmonitor.com
2/26/8 ["Phoenix city officials are considering eliminating some 500
jobs, closing public pools for an additional two months each year, and
reducing the hours of city museums and community centers to combat a $67.1
million projected shortfall in revenues this year. ...mainly because
sales-tax revenues are far below projected levels. In fact, Arizona has
the dubious distinction – along with California, Nevada, and Florida – of
leading the country in the current economic slide."]
Ambac Rises on $3 Billion Rescue to Avert Downgrade bloomberg.com
2/26/8 ["Citigroup Inc. and seven other banks are working with Ambac
to prevent rating cuts that would throw doubt on the credit quality of the
$553 billion of municipal and asset-backed securities it guarantees. Banks
stand to lose as much as $70 billion from any downgrades to Ambac, MBIA
Inc. and FGIC Corp., Oppenheimer & Co. analysts estimated. "]
Wheat
shortage gets bakers right in the bread basket pressofatlanticcity.com
2/25/8 ["ike flour-dependent businesses all over the country, Formica
Brothers has been hit hard by the drastically rising price of flour, which
has increased by about 250 percent in just six months. "In August, a
100-pound bag of flour cost about $15. Today it's over $50," said Formica,
of Margate. "For us, that means we went from paying $7,500 a week for a
shipment of 500 pounds of flour to now paying over $25,000.""]
Wall Street Bank Run washingtonpost.com 2/25/8 ["As each financier
tries to protect against the next one's mistakes, the whole system begins
to sag. That's what we're seeing now, as credit market troubles spread
from bundles of subprime residential mortgages to bundles of other kinds
of debt -- from student loans to retailers' receivables to municipal
bonds. Investors are nervous because they aren't sure how to value
these bundles of securitized assets. So buyers stay away, prices fall
further, and the damage spreads. "]
Dubai
ruler fund shuns U.S.; eyes India, China instead reuters.com 2/25/8 [""]
Washington governor calls for federal infrastructure bonds reuters.com
2/25/8 ["...called on Sunday for the federal government to issue up to $60
billion in bonds to fund infrastructure projects across the country.
..."What is the source of funds that would repay those bonds?" she said.
Peters is staunchly opposed to raising the federal gas tax and worried
increased taxes would be used to pay the debt."]
Florida Schools, California Convert Auction-Rate Debt bloomberg.com
2/25/8 ["Thousands of auctions run by banks to set rates on the debt
failed this month as investors shunned the securities and bankers refused
to submit bids, sending interest costs to 10 percent or higher on some
bonds."]
North American Army created – without OK by Congress worldnetdaily.com
2/25/8 ["In a ceremony that received virtually no attention in the
American media, the United States and Canada signed a military agreement
Feb. 14 allowing the armed forces from one nation to support the armed
forces of the other nation during a domestic civil emergency, even one
that does not involve a cross-border crisis."]
Credit crisis hits Main Street cnn.com
2/22/8 ["The credit crisis that began in the subprime mortgage market last
year has now spread to municipal bonds. Governments and public authorities
face steep increases in borrowing costs because investors are losing
confidence in the credit markets and the companies that insure the debt.
Public officials nationwide are now weighing whether to restructure their
debt to lower rates - if they have good enough credit ratings - or to ride
out the storm with the hope that investors will return. However, some are
concerned they may have to raise taxes or cut services to balance their
budgets."]
Pro-Homosexual Booklet to Be Distributed to All 16,000 US School Districts
lifesitenews.com
2/22/8 ["The 24-page booklet by the National Education Association and
American Psychological Association, tells students that homosexuality is a
"normal expression of human sexuality". "What's so scary and
dogmatic about this report is that it communicates that religious-based
viewpoints are harmful, and even dangerous," said Candi Cushman, education
analyst for Focus on the Family Action. The booklet particularly
targets the idea that homosexuality is a condition that can be changed. It
instructs educators, "Schools should be careful to avoid discussions of
transformational ministry in their curriculum.""]
Radical
Kosovo Constitution Removes all Protection for the Unborn and Traditional
Family lifesitenews.com
2/22/8 ["The draft constitution, which is circulating now, would transform
the traditional Muslim and Orthodox Christian society by removing all
legal protection from unborn children and granting special rights on the
basis of sexual orientation. Additionally, the draft document cedes the
interpretation of social norms to international human rights bodies
centered at the United Nations."]
More people are tapping
their 401(k) for cash msnbc.msn.com
2/22/8 ["...if the trend grows, many Americans will risk coming up short
on retirement savings or may have to rely on an overburdened Social
Security system. "People who take out a loan or withdrawal are
adding to a looming retirement crisis over the next 30 to 40 years," said
Eric Levy, a partner at global consulting firm Mercer. "And what
implications will that have (for) our economy?""]
Bill
Banning Discussion on Homosexuality in Tennessee Schools Fails
lifesitenews.com
2/22/8 ["After the bill was defeated, Campfield continued to insist it is
a necessary measure. Schools, he said, should not be "pushing a position
one way or the other" on sexuality. "A lot of places are starting to push
these topics on to children and talk about these lifestyles and advocate a
position one way or the other on these lifestyles," he said."]
Famines May Occur Without Record Crops This Year, Potash Says
bloomberg.com
2/22/8 [" Global grain stockpiles fell to about 53 days of supply last
year, the lowest level since record-keeping began in 1960, according to
the U.S. Department of Agriculture. ``If you had any major upset
where you didn't have a crop in a major growing agricultural region this
year, I believe you'd see famine,'' Doyle, 57, said in New York. "]
Israel
Opposed US Lawmakers’ Offer to Move Embassy to J’lem
israelnationalnews.com
2/22/8 ["Currently, all the nations with which Israel has diplomatic
relations refuse to recognize Israel’s Basic Law designating Jerusalem as
the capital of the Jewish State. ...During the 2000 election
campaign, US President George W. Bush pledged that if he was elected, he
would "begin the process" of moving the embassy to Jerusalem on his "first
day in office." He has not done so, however - invoking the waver for the
13th time on December 12, 2007."]
Missile hits spy satellite: Pentagon source reuters.com
2/21/8 [""]
Total lunar eclipse will turn Moon red uk.reuters.com
2/21/8 ["Sunlight will pass through the edge of the Earth's
atmosphere, scattering blue light and giving the Moon a reddish hue."]
Gold rises to
record; platinum ends streak guardian.co.uk
2/21/8 ["as a sharp turnaround in crude oil prices and a U.S. report
on rising consumer prices boosted bullion's appeal as a hedge against
inflation. Platinum slipped on profit taking, ending a
record-setting streak after 14 straight days of gains. But analysts said
it persistent supply problems should start platinum back on its upward
path after a pause."]
America’s economy risks mother of all meltdowns ft.com
2/21/8 ["Professor Roubini’s scenarios have been dire enough to make
the flesh creep. But his thinking deserves to be taken seriously. He first
predicted a US recession in July 2006*. At that time, his view was
extremely controversial. It is so no longer. Now he states that there is
“a rising probability of a ‘catastrophic’ financial and economic
outcome”**. The characteristics of this scenario are, he argues: “A
vicious circle where a deep recession makes the financial losses more
severe and where, in turn, large and growing financial losses and a
financial meltdown make the recession even more severe.”"]
Luxembourg Could Become
Third European Country to Legalize Euthanasia lifenews.com
2/21/8 ["Just 30 of the 59 members of the nation's parliament
approved the bill, a slim majority, although nearly all of the members of
Prime Minister Jean-Claude Juncker's Social Christian Party voted against
it. The bill needs one more vote to approve it, according to an AFP
report, and Catholic leaders are continuing a lobbying campaign with the
hopes of defeating it. Medical and physicians groups have joined
them in opposing the bill."]
The
Pride Of Perversion newswithviews.com
2/21/8 [By Paul Proctor "It goes without saying that the world
around us is becoming an increasingly vulgar place. One need only turn on
network television in the morning to see and hear things once reserved for
cable, satellite or after hours viewing."]
Russian
Homosexual Activists Complain of Pride Ban to European Court of Human
Rights lifesitenews.com
2/21/8 ["The Russian Federation currently has no specific legislation
regarding "discrimination," as do many countries of the west. Homosexual
acts between consenting males were decriminalized in 1993 and
homosexuality was removed from the list of mental disorders in Russia in
1999."]
Girlfriend: Shooter was taking cocktail of 3 drugs cnn.com
2/21/8 ["...had been taking Xanax, used to treat anxiety, and Ambien,
a sleep agent, as well as the antidepressant Prozac. ..."It's not
terribly unusual to prescribe all three," said Dr. Nada Stotland,
professor of psychiatry at Rush Medical College in Chicago and
president-elect of the American Psychiatric Association."]
The twisted
"truths" of The Shack & A Course in Miracles crossroad.to 2/20/8 [By
Berit Kjos "Two books (one new, one old) have suddenly grabbed
public attention and captured the hearts of multitudes. One is long and
instructional -- a dictation from a channeled spirit guide. The other is a
fictional testimony full of tear-jerking dialogue. A Course in Miracles (ACIM)
is obviously occult, while the more subtle message of The Shack by William
P. Young has been widely accepted in postmodern churches. ...The
Shack is written as a personal testimony that draws readers into virtual
dialogues with a fun, culturally relevant "God.""]
Bank reserves category goes negative worldnetdaily.com 2/20/8 ["A new
report from the Federal Reserve has confirmed the non-borrowed reserves of
U.S. banks plummeted to a negative $18 billion at a recent accounting,
reflecting an apparently worsening situation from the negative $8.8
billion reported at the end of January."]
Banks "quietly" borrow $50 billion from Fed: report reuters.com 2/20/8
["The Financial Times said the move has sparked unease among some analysts
about the stress developing in opaque corners of the U.S. banking system
and the banks' growing reliance on indirect forms of government support."]
Oil Jumps Above $100 on Refinery Outage ap.google.com 2/20/8 ["A
weekend refinery explosion in Texas and the possibility that OPEC will cut
production next month are driving prices higher, although analysts say
there isn't a single factor to explain the move."]
Wall
Street banks expect billions more in write-downs iht.com 2/20/8
["...as the crisis that began with subprime mortgages spreads through the
credit markets. In recent weeks, one part after another of the debt
market has buckled. High-risk loans used to finance corporate buyouts have
plummeted in value. Securities backed by commercial real estate mortgages
and student loans have fallen sharply. Even auction-rate securities,
arcane investments usually considered as safe as cash, have stumbled."]
Subprime woes spread to loans; stocks next:James Saft reuters.com
2/20/8 ["The credit pullback has spread from the mortgage market for
subprime, or less creditworthy, borrowers to the most aggressive sectors
of corporate and buyout lending -- in part because the hedge funds and
complex financing vehicles that extend credit to both have taken a hit in
housing finance. And because the corporate credit market now facing
difficulties is the bulwark of private equity, share market valuations may
soon come under pressure."]
Banks at Risk of $203 Billion in Writedowns, Says UBS bloomberg.com
2/20/8 ["The world's biggest banks may have to book as much as $203
billion of writedowns, in addition to the $152 billion reported so far, if
bond insurers the lenders rely on become insolvent, UBS AG said."]
Generation Me: Why Today's Young Americans Are More Confident, Assertive,
Entitled -- and More Miserable Than Ever Before. newoxfordreview.org
2/20/8 [Catholic site - "When the only opinion that counts is your own,
you tend to develop a pretty high opinion of yourself. Twenge recounts the
aftermath of this preoccupation with the self by examining attitudes of
that same army of kids once they entered college. In the modern
university, students challenging obvious mistakes on their tests have
become the norm, rather than merely an aberration."]
Why Are We
Tolerating This Madness? newswithviews.com 2/20/8 [By Lynn Stuter
"How many of these shootings have to happen before the people rise up and
demand accountability for young people being put on these mind-altering
drugs? How many more people have to die before we finally say “enough is
enough”? In the case of the young man in Coeur d’Alene, he had
recently been diagnosed with “social anxiety” and “depression”. Where have
we heard those terms used repeatedly before?"]
A single cigarette can cause addiction, says study afp.google.com
2/20/8 ["...the teenagers who said they found it hard to repress an urge
to smoke, 10 percent had the impulse within two days of smoking their
first cigarette and 25 percent within one month of that event."]
Planned Parenthood to
Create New Abortion Center in Southwest Houston, Texas lifenews.com 2/19/8
["...is moving to an abortion facility in Houston that could be the
largest in the nation. The abortion center with dwarf the size of the
others and have an entire floor dedicated to late-term abortions.
...will open the abortion center just outside the gates of the University
of Houston’s main campus."]
Woman
Diagnosed as "Brain Dead" Walks and Talks after Awakening lifesite.net 2/19/8
[""Brain death" or "death by neurological criteria," is common media
terminology for patients who are said to be in an irreversible coma,
sometimes referred to as a "persistent vegetative state" (PVS).
Physicians and bioethicists who support "brain death" criteria claim that
such a diagnosis is reliable and means that a patient is beyond any hope
of recovery. Under new bioethics criteria, "brain death" can be used
as a condition under which organs are removed from a patient while his
heart is kept beating. Organ transplant requires that tissue be recovered
from donors as close to physical death as possible and physicians are
under heavy pressure to procure more organs."]
Wheat hits $20 northlandag.com 2/19/8
["The wheat market moved into historic ground Friday in North Dakota
and Minnesota, as short-term demand from mills pushed prices up to $20 a
bushel at one elevator in an after-hours scramble. Most elevators in
northeast North Dakota and northwest Minnesota posted prices of $16.70 to
$17.30 Friday, according to an Agweek survey; that's four times as high as
a year ago and the highest figures ever seen."]
Wakf:
Quake caused crater on Temple Mount, Israeli tunnels to blame
israelinsider.com 2/19/8
["There were only two reports of damage in Israel from Friday's
quake, and one of them was in the most politically sensitive place on
earth. Muslim authorities report that the tremor, centered in southern
Lebanon and measuring 5.3 on the Richter scale, opened a crater on
Jerusalem's Temple Mount, adjacent to the Dome of the Rock. Officials from
the Wakf blamed Israel for the 6-foot by 5-foot hole, about three feet
deep, accusing the Jewish State of tunneling beneath the Temple Mount. the
Wakf demanded an end to all Israeli excavations in the area. "]
American
Public Health Association Backs Partial Birth Abortion
lifesitenews.com 2/19/8
["Among a long list of generally positive health policy initiatives
is a call for the removal of all restrictions that limit access to
abortion in the US, including the repeal of parental consent laws and
partial birth abortion bans. The APHA promotes itself as the largest
association of "public health professionals" in the world."]
Ambac
considering option to split itself: report reuters.com 2/19/8
["...is in discussions to split itself up in a move aimed at ensuring
that municipal bonds backed by the company retain high credit ratings, the
Wall Street Journal said on its Web site on Monday. A deal could
fall apart because of the complexities in such a move, said the report,
quoting a source familiar with the situation."]
Heavy mobile phone use a cancer risk telegraph.co.uk 2/19/8
["Research author Dr. Siegal Sadetzki, a cancer specialist at Tel
Aviv University, investigated the cases of nearly 500 people diagnosed
with benign and malignant tumours of the salivary gland. The study
is regarded as significant as it was conducted on the Israeli population
who were among the first to widely adopt mobile phone technology and are
among its heaviest users."]

Without
Natural Affection newswithviews.com 2/18/8
[By Coach Dave Daubenmire "The desire of a mother to defend her
child is a natural thing. Watch any animal and notice how the mother
naturally does all that she can to protect her babies. The Women’s
Liberation movement in America has taken from our young mothers their
natural affection for their babies. Those who kill their children have
been stripped of their “natural affection.” They love themselves, their
bodies, and their freedom more than they love their baby."]
Film raises troubling questions about U.S. students usatoday.com 2/18/8
["And Two Million Minutes finds plenty to be worried about: not
enough study or homework time, not enough parental pressure, not enough
focus on math or engineering. American teens, it argues, are preoccupied
with sports, after-school jobs and leisure. The film repeatedly
contrasts foreign students' drive with what seems like American cluelessness"]
Hard Times Heighten Long-Felt Unease ap.google.com 2/18/8
["Many people gauged their well-being in wealth — looking at the
stock market, and much more broadly, the rise of real estate prices, said
Susan Sterne, president of Economic Analysis Associates. Americans
borrowed freely against the value of their homes. But now there is nothing
left to shield them from the insecurities rooted in the old measures of
economic prosperity. "]
Banks
to ask government to take bad loan risk: report reuters.com 2/18/8
["The banking industry is proposing to members of the U.S. Congress
and the White House that some of the risk of troubled mortgages should be
shifted to the federal government, according to a report in the Wall
Street Journal on Thursday."]
US: Foodmakers squeezed by costs, strapped consumers reuters.com 2/18/8
[" "When you say input costs are going up 6 percent and you are only
getting 4 percent net pricing, where do you make up the rest?" asked Gregg
Warren, an analyst at Morningstar. Rising commodity costs and
economically stressed consumers are expected to be the key topics when
consumer products company executives meet with analysts at the Consumer
Analyst Group of New York conference in Florida that begins Tuesday."]
UK: Soaring Costs Cripple 95 Per Cent Of Familes dailyexpress.co.uk 2/18/8
["Big rises in gas, electricity, food and petrol prices combined with
a raft of Government stealth taxes mean that already hard-up families are
now barely able to make ends meet."]
Best U.S.
factory jobs in rising jeopardy csmonitor.com 2/18/8
["this week as General Motors announced the largest ever annual loss
by a maker of automobiles. In a bid to restore profitability, GM said it
would offer incentives to convince older, highly paid assembly workers to
retire early. Ford and Chrysler are pursuing similar worker buyouts.
...Many US manufacturers are facing rising pressure from foreign rivals.
The good news is that US factories are becoming more competitive. The bad
news is that the needed streamlining is coming at the expense of American
workers. "]
Susan
Jacoby: Bemoaning an America that values stupidity iht.com 2/18/8
["But now, Jacoby said, something different is happening:
anti-intellectualism (the attitude that "too much learning can be a
dangerous thing") and anti-rationalism ("the idea that there is no such
things as evidence or fact, just opinion") have fused in a particularly
insidious way. Not only are citizens ignorant about essential
scientific, civic and cultural knowledge, she said, but they also don't
think it matters. ...The surprise at her own dependency on
electronic and visual media made her realize just how pervasive the
culture of distraction is and how susceptible everyone is..."]
Iran Opens Its 1st Oil Products Bourse ap.google.com 2/18/8
["Iran has already registered for another oil bourse, in which it has
said it hopes to trade oil in Euros instead of dollars, to reduce any
American influence over the Islamic Republic's economy. ...As the
fourth-largest oil producer in the world, Iran has a measure of influence
over international oil markets. The country ranks second for output among
OPEC Countries, and controls about 5 percent of the global oil supply."]
Dozens of
U.S. banks will fail by 2010: analyst reuters.com 2/14/8
["...as losses from soured loans mount and regulators crack down on
lenders that take too much risk, especially in real estate and
construction..." Editor: Probably sooner than that...]
Fed auctions another $30 billion to combat severe credit crisis
iht.com 2/14/8
["It marked the fifth in a series of auctions that so far have pumped
$130 billion (€89.42 billion) in money into the U.S. banking system in an
effort to provide cash-strapped banks with extra reserves. The Fed's hope
is that the increased resources will keep banks lending and prevent a
severe credit squeeze from making the current economic slowdown worse."]
East Coast mayors to launch illegal gun database philly.com 2/14/8
["The database, expected to be operational later this year, will pool
data from the federal Bureau of Alcohol, Tobacco, Firearms and Explosives
with information collected by local agencies, including ballistics
information and intelligence gathered from debriefings of gun offenders.
New York Mayor Michael Bloomberg, Baltimore Mayor Sheila Dixon and other
urban leaders said Wednesday that the first-of-its-kind database will make
it more difficult for illegal gun dealers to do business throughout the
Interstate 95 corridor."]
Hidden Swap Fees by JPMorgan, Morgan Stanley Hit School Boards
bloomberg.com 2/14/8
["`It's a serious issue, not only in Pennsylvania but across the
country,'' says Cox, 55, who has headed the SEC since 2005. ``That is what
we have seen repeatedly. More often than not, the municipalities aren't
configured to have financial sophisticates in charge of these offerings --
and the result is that the firms are the only ones who know what's going
on.''"]
EU
executive calls for creation of a European border patrol iht.com 2/14/8
["The far-reaching package, designed to combat terrorism, illegal
migration and organized crime, would involve setting up a comprehensive
electronic register of travelers' biometric data. It also proposes
greater cooperation and use of technology, including high resolution
satellites and unmanned aircraft, to monitor remote areas for movements of
migrants."]
Obama's Global
Tax Proposal Up For Senate Vote newswithviews.com 2/14/8
[By Cliff Kincaid "“Global Poverty Act” (S.2433) through his
committee. The legislation would commit the U.S. to spending 0.7 percent
of gross national product on foreign aid, which amounts to a phenomenal
13-year total of $845 billion over and above what the U.S. already spends."]
South African
Parliament Votes Overwhelmingly to Remove Abortion Restrictions
lifesite.net 2/14/8
["...bill that would allow girls as young as 12 to obtain abortions
without their parents' consent, provide for 24-hour abortion facilities,
eliminate pre-approval processes, and allow all nurses, as well as doctors
and midwives, to perform the procedure, Reuters reports."]
Hillary in
Exclusive Homosexual Mag Interview: I'm More Pro-Homosexual than Obama
lifesite.net 2/13/8 ["Hilary said that if elected she would be the first
U.S. president to march in a homosexual-pride parade."]
US, banks unveil aid for homeowners facing foreclosure afp.google.com 2/13/8
["n a separate statement, the Hope Now Alliance said that "hundreds of
thousands" of homeowners are at least 90 days delinquent in their
payments."]
Buffett offers 800 bln dlr backup to troubled bond insurers
afp.google.com 2/13/8 ["Bond insurers have been forced to take massive
writeoffs on corporate bonds and complex financial structures involved in
the subprime, or high-risk, mortgage crisis that began to roil markets in
August. Buffett's offer would reduce uncertainty in markets over the
possibility of downgrades of bond insurers such as Ambac and MBIA and
allow a speedier recovery from the subprime-related credit problems."]
'Friend locator' could become next craze for social networkers
afp.google.com 2/13/8 ["...owing to new technology that uses the mobile
phone as a tracking device, experts say. ...The ease with which
phones can be located -- to within 25-50 metres of their position, say
experts -- has sparked a wave of innovation in the mobile phone industry.
Operators and application designers are touting services that range from
personal navigation, to locating children and fighting terrorism at this
year's event in Barcelona, one of the mobile industry's biggest trade
shows."]
GM offers all U.S. union workers buyouts, retirement reuters.com 2/13/8
["General Motors Corp will offer buyouts or early retirements to all
74,000 U.S. hourly workers represented by the United Auto Workers in a
sweeping deal with the union intended to clear the way for GM to hire
lower-cost replacements."]
Navy Intercepts Russian Bombers ap.google.com 2/12/8 ["A U.S.
military official says that one Russian Tupolev 95 flew directly over the
aircraft carrier USS Nimitz twice, at a low altitude of about 2,000 feet,
while another bomber circled about 58 miles out."]
UK Anglican
Bishop Fined £47,345 and Sent for "Re-Education" in Gay Employment Case
lifesite.net 2/12/8 ["The Anglican bishop of Hereford has been
ordered by a court to undergo "equal opportunities training" and pay a
fine of £47,345.00, the equivalent of $92,106.00 Cn., for refusing to hire
an active homosexual for a position of trust with young people. The ruling
also stated that Hereford diocese staff "involved in recruitment should
receive equal opportunities training"."]
Israel: Attorney-general: Let same-sex couples adopt jpost.com 2/12/8 ["In
a landmark decision, Attorney-General Menahem Mazuz on Sunday handed down
a legal opinion that homosexual couples may adopt children in Israel "in
the proper circumstances and when it is in the best interest of the
child.""]
New Mortgage Rescue Goes Beyond Subprime ap.google.com 2/12/8 ["The
plan will allow seriously overdue homeowners to suspend foreclosures for
30 days while lenders try to work out more affordable loans are worked
out. On a pilot basis, the plan will involve six of the largest
mortgage lenders, in hopes that more lenders will sign on. The
participants are Bank of America Corp., Citigroup Inc., Countrywide
Financial Corp., JPMorgan Chase & Co., Washington Mutual Inc. and Wells
Fargo & Co."]
AIG discloses
hole in derivatives valuation guardian.co.uk 2/12/8 ["...pushing
its shares down almost 12 percent to a 5-year low. AIG's disclosure,
in a regulatory filing on Monday, is the latest sign that credit worries
sparked by the subprime mortgage crisis are feeding through to insurers.
Swiss Re, the world's largest reinsurer, last November stunned markets
with a 1.2 billion Swiss franc ($1.1 billion) write-down related to credit
default swaps."]
Studies conclude that biofuels are not so green iht.com 2/12/8 ["The
land-use issue makes the balance sheet far more problematic: The clearance
of grassland releases 93 times the amount of greenhouse gas that would be
saved by the fuel made annually on that land ..."We fully believe
that if biofuels are to be part of the solution rather than part of the
problem, there urgently needs to be better sustainability criterion." He
added that the United Nations had recently created a panel to study the
evidence." Editor: This article brings to our attention the
possible future intervention by international organizations concerning
'land usage'.]
State of the Union Address by President Bush america.gov 2/12/8 ["And
tonight I am pleased to announce that in April we will host this year's
North American Summit of Canada, Mexico, and the United States in the
great city of New Orleans."]
Chavez Threatens to Halt Oil Sales to US ap.google.com 2/11/8 ["in
an "economic war" if Exxon Mobil Corp. wins court judgments to seize
billions of dollars in Venezuelan assets. ...the U.S.'s
fourth-biggest oil importer"]
EU plans
to require biometrics of all non-European visitors iht.com 2/11/8 ["under
sweeping European Union proposals to combat illegal migration, terrorism
and organized crime that are to be outlined this week. The plans -
arguably the biggest shake-up of border management in Europe since the
creation of an internal travel zone - would apply to citizens of the
United States and all other countries that now enjoy visa-free status."]
Goldman Sachs boosts wheat price forecast reuters.com 2/11/8 ["Record
high wheat prices were sparked on Friday by new world agriculture supply
and demand estimates by the USDA, which cut projected U.S. wheat stocks at
the end of the 2007/08 marketing year on May 31 to 272 million bushels
from its estimate of 292 million bushels in January. This is the
lowest levels of stocks since 1947/48..."]
Your cost of living may be rising faster than the Consumer Price Index
consumerreports.org 2/10/8 ["Grocery prices are up 5.6 percent overall,
led by 13.4 percent increase in dairy products, with the price per gallon
for milk sometimes vying with the tab for a gallon of gas."]
Using Highways For No-Notice Evacuations ops.fhwa.dot.gov 2/10/8
["Routes to Effective Evacuation Planning Primer Series"]
OPEC Rattles the Dollar wsj.com 2/9/8
["The possibility that OPEC would make an active decision to price
oil barrels in a currency other than the dollar has been bandied about,
but never spoken of by anyone with any real power. That changed today,
after OPEC Secretary-General Abdullah al-Badri was quoted in the Middle
East Economic Digest, saying “maybe we can price the oil in the euro.”"]
Putin vows 'arms
race' response news.bbc.co.uk 2/9/8
["n a nationally-televised speech, he condemned Nato's expansion and
the US plan to include Poland and the Czech Republic in a missile defence
shield. It is already clear that a new phase in the arms race is
unfolding in the world," Mr Putin said. "It is not our fault,
because we did not start it," he said."]
Still at the Forefront financialarmageddon.com 2/9/8
["In this meltdown scenario US and global financial markets will
experience their most severe crisis in the last quarter of a century."]
Calif. 'gay marriage'
case set for March 4 bpnews.net 2/9/8
["Florida will have a marriage amendment on the November ballot,
thanks to a successful petition drive there, and conservatives in
California also are trying to place an amendment on the ballot.
Additionally, the issue could attract further attention when the
Connecticut Supreme Court issues its "gay marriage" decision, due any day.
But a "gay marriage" victory in California, the nation's most populous
state, would be the biggest win yet for homosexual activists."]
Az Illegal-Immigrant Hiring Law Upheld ap.google.com 2/9/8
["U.S. District Judge Neil Wake dismissed a lawsuit filed by business
groups that argued that federal immigration law severely restricts
Arizona's ability to punish people who knowingly employ illegal
immigrants. The law won approval last year from the
Republican-majority Legislature and Democratic Gov. Janet Napolitano amid
frustration over what they said were inadequate federal efforts to
confront illegal immigration. Many cities across the country have passed
similar measures, though some have been rejected in court."]
LA Times
Reveals Horrific New Details about Raided Abortion Clinics
lifesite.net 2/9/8
["Rand's negligence was called "barbaric" and a "severe departure"
from a reasonable standard of care by the medical board, which revoked his
license in 2005. He had previously been involved in 40 malpractice suits,
numerous botched abortions, and several license suspensions for gross
negligence."]
French parliament adopts EU treaty afp.google.com 2/9/8
["Both the National Assembly and Senate voted resoundingly in favour
of the treaty, a tailored-down version of the constitution that was
consigned to oblivion in French and Dutch referendums. It is now to
be formally ratified by President Nicolas Sarkozy, who played a leading
role in drawing up the new text. France will be the fifth EU country
-- and the first major EU power -- to ratify the new treaty, which must be
approved in all 27 member states before it can come into force as planned
in 2009."]
More shoppers head to discount stores usatoday.com 2/9/8
["The trend could carry long-term implications for all the retailers.
People who try — and like — stores in shaky economic times are more likely
to stick with them after the economy rebounds. Wal-Mart is "in the
right place at the right time," says Dreher, who follows the discounter.
It "provides a solution to consumers during those rough economic times
when they're driven to the stores because of economic need." Once the
economy improves, those shoppers "tend to stay with Wal-Mart for the more
discretionary categories as they come out of recession.""]
Judge:
Teaching How to Use Condom and that Homosexuality is Inborn to 8th and
10th Graders is OK lifesite.net 2/8/8 ["Maryland Circuit Court Judge
William J. Rowan, III, ruled last week that it is permissible to teach 8th
and 10th grade Montgomery County public school students how to use condoms
during anal and oral sex, as well as that homosexuality is inborn, even
though in 2007 Maryland's highest appellate court ruled there is no
scientific basis for such a conclusion. The controversial new
curriculum was adopted as a result of pressure by homosexual advocacy
groups. "]
Mortgage
crisis fallout spreads to 'muni market' csmonitor.com 2/8/8
["Municipal bonds, securities issued by local governments to fund anything
from new sewers to airport improvements, are now caught in the backwash.
Though defaults by communities are rare, buyers of their bonds are now
wary of investing in any but the best-run and highest-rated communities."]
Stores Post Disappointing January Sales ap.google.com 2/8/8 ["Wal-Mart
says its shoppers are redeeming their holiday gift cards for basic items —
pasta sauce, diapers, laundry detergent — instead of iPods or DVDs."]
What happened to the right to privacy? calcatholic.com 2/8/8
["Authored by Assemblyman Joe Coto (D-San Jose), AB 624 would “require a
private, corporate, or public operating foundation with assets over
$250,000,000 to collect specified ethnic and, gender, and sexual
orientation data pertaining to its governance and grantmaking,” says the
bill’s Legislative Counsel’s Digest. "]
Archbishop: UK Should Allow Shariah ap.google.com 2/8/8 ["Archbishop
Rowan Williams said in a radio interview with British Broadcasting Corp.
that incorporating Islamic law could help improve Britain's flagging
social cohesion. "Certain provisions of Shariah are already
recognized in our society and under our law, so it's not as if we're
bringing in an alien and rival system," said Williams, who gave a speech
on the topic Thursday night. Prime Minister Gordon Brown's spokesman
immediately rejected Williams' proposal. "The prime minister
believes British law should apply in this country, based on British
values," said Michael Ellam."]
Climate
set for 'sudden shifts' news.bbc.co.uk 2/8/8 [Editor: Increasingly
violent natural disasters are being expected in the name of nature - all
to get people ready to reject God's judgments on this world.]
California
Assemblyman Seeks State Holiday Commemorating Homosexual Activist
lifesite.net 2/7/8 ["Last Friday, February 1, Mark Leno (D-San
Francisco) and Equality California (EQCA) announced plans to introduce a
measure that would formally establish a non-fiscal state holiday to
commemorate gay-activist Harvey Milk. If passed, the bill would see the
holiday take place on the anniversary of Milk's birth, May 22."]
Despite Warnings, Tornadoes Kill 55 ap.google.com 2/7/8 ["At
least 55 people were killed and hundreds injured Tuesday and Wednesday by
dozens of tornadoes that plowed across Mississippi, Arkansas, Tennessee,
Kentucky and Alabama. It was the nation's deadliest barrage of twisters in
almost 23 years."]
Joel Osteen
60minutes.yahoo.com 2/7/8 ["He's the most popular preacher in
America, with his services attended by thousands and seen by more than 7
million viewers around the world on television each week."]
Russia plans buildup in the Mediterranean: 'Russia has strategic
interests' worldtribune.com 2/7/8 ["The operation was deemed the
first large-scale Russian navy exercise in the region in 15 years.
Moscow has been conducting naval exercises with such Mediterranean states
as Algeria and Syria. Russia has been financing the upgrade of Syria's
port of Tartous to accommodate large naval ships."]
Wheat continues to surge above $10 a bushel usatoday.com 2/7/8 ["Overall,
wheat prices have doubled since last June at the Chicago Mercantile
Exchange (CME), which owns the Chicago Board of Trade. Prices have been
pushed higher by surging world demand and bad weather in some major
producing nations."]
Beware: "Free"
Medical Care Will Kill You - On Purpose! newswithviews.com 2/7/8 [By
Tom DeWeese "When government gets overburdened and revenues
don't keep up with all the grand plans of a horde of politicians, someone
has to feel the pain. Today, England's treasury can't keep up with the
massive costs of health care. So the bureaucrats, such fiscally
responsible folks - just serving the people, you understand - have decided
the best way to cut costs is to stop providing health care to those who
are too old or those who leave "unhealthy lives." Of course, government
gets to decide who they are."]
National Animal
Identification System: Update newswithviews.com 2/7/8 [By Doreen
Hannes "To sum it up in a rather succinct fashion, the current
game plan is to require compliance with NAIS through the registration of
your property as a premise and attachment of NAIS "840" tags to your
animals as a requirement of engaging in interstate commerce in any way."]
Stocks Plunge on Service Sector Weakness ap.google.com 2/6/8 ["Wall
Street plunged Tuesday, driving the Dow Jones industrials down 370 points
after investors saw an unexpected contraction in the service sector as
evidence the economy is sinking into recession. It was the Dow's biggest
percentage drop in almost a year."]
Popular songs play up drugs, cigarettes, booze news.com.au 2/6/8 ["Parents
trying to steer their children away from the evils of drugs and alcohol
should switch off the radio. A third of all songs are filled with
lyrics about drugs, alcohol and tobacco – with two-thirds of the
references showing substance abuse in a positive light, research shows.
Researchers from the University of Pittsburgh School of Medicine reviewed
280 of the most popular songs of 2005 and found drugs were often linked
with references to sex, partying and humour."]
Economist: Expect Fed to lower Dow to 8,000 worldnetdaily.com 2/6/8 ["Fed
wants the Dow Jones Industrial Average and other financial indicators to
descend in a managed way," Bolser said. "The Fed wants to drive the DJIA
toward the 8,000 level, or below, in order to help create a deep recession
which will have the effect of slowing consumption across the board, and
dampening the otherwise harmful effects of inflation."]
How risky are uninsured bank deposits? marketwatch.com 2/6/8 ["The
Federal Deposit Insurance Corp. is gearing up for the prospect of a large
bank failure. So double-check that all your deposits, including interest,
are well within FDIC insurance limits."]
If recession strikes the USA, Britain may follow usatoday.com 2/6/8 ["But
a credit crunch, spawned by the collapse of the subprime lending market in
the USA, threatens to deflate Britain's housing balloon, prompt consumers
to tighten their purse strings and make banks that are posting big
write-downs reluctant to lend. Housing prices dropped for the
fourth-consecutive month in January, residential housing analysis firm
Hometrack reported last week. "]
Medicaid Kids In Psych-Rx $urge nypost.com 2/6/8 ["New York
state's Medicaid program paid $82.8 million in 2006 for two dozen
psychiatric drugs for tens of thousands of children - with many of the
meds not FDA-approved for kids, records obtained by The Post show."]
ICBC Deposes Citigroup as Chinese Banks Rule in New World Order
bloomberg.com 2/5/8 ["...The reversal of fortunes is the clearest sign yet
that shareholders are betting on banks in the emerging markets rather than
the U.S. institutions that dominated the financial landscape for most of
the past century. As recently as 2003, there were 13 American banks ranked
in the top 20 and not a single Asian rival, data compiled by Bloomberg
show. Now, there are four Asian and six U.S. institutions. The collapse of
the subprime mortgage market wiped out almost $100 billion of value from
the three biggest U.S. banks in the past six months."]
I'll be president of Europe if you give me the power - Blair
guardian.co.uk 2/5/8 ["Blair, currently the Middle East envoy for the US,
Russia, EU and the UN, has told friends he has made no final decision, but
is increasingly willing to put himself forward for the job if it comes
with real powers to intervene in defence and trade affairs. Blair,
who is being actively promoted by the French president Nicolas Sarkozy..."]
Lawyers Fighting D.C. Gun Ban Argue Against Militia Focus
washingtonpost.com 2/5/8 ["The U.S. Court of Appeals for the District of
Columbia Circuit last spring became the first appeals court to use the
individual-rights interpretation of the amendment to strike a gun-control
law. Most of the courts that have examined the issue have ruled that it
protects only the collective right. But Heller's brief said the
amendment's preamble referring to the militia gives one, but not the only,
reason the framers considered the amendment necessary. "]
UK: 66
British Babies Survived Abortion - All Were Left to Die Without Medical
Aid lifesite.net 2/5/8 [""]
"Super Tuesday" -
The Heading Technique newswithviews.com 2/5/8 [By Devvy Kidd
"The push to get the nominee for the conventions by tomorrow is
deliberate, calculated and toxic. The delay and tampering with the ballots
before the recount started in New Hampshire was also deliberate. Tomorrow
all the networks will be giving their big ballyhoo coverage, but in my
eyes, it's nothing but a huge scam. The Republican convention isn't until
September. We shall see what unfolds between now and then on vote fraud
during these primaries, legal remedies and mounting a fight in
Minneapolis-St. Paul at the GOP convention. While millions of Americans
will roll over and be willing to hold their nose and vote, I am not one of
them."]
Iran launches its 1st space rocket worldnetdaily.com 2/5/8 ["In a
separate development, the Russian news agency RIA Novosti published a
report Friday that Iran was continuing to negotiate with the Russian
government for the delivery of an advanced S-300 air defense missile
system to Iran."]
Rebel
army swarms Chad's capital iht.com 2/5/8 ["Using tanks and helicopter
gunships, the Chadian military struggled to regain control of the city.
Thousands of Chadians have fled Ndjamena to neighboring Cameroon."]
Abstinence funding may be axed from AIDS package onenewsnow.com 2/5/8
["President Bush wants to double and House Democrats want to triple
spending on a program that is now treating 1.4 million people, most of
them in sub-Saharan Africa, where he will visit in two weeks.
Democrats also want to slash spending on a multimillion-dollar component
that emphasizes sexual abstinence. And that has conservative groups
furious."]
Carter Launches Bold Baptist Movement to End Factions
christianpost.com 2/5/8 ["What will mark this convocation as a success is
the attendance number as well as "the fact that we want to avoid anything
other than harmony, cooperation [and] a positive attitude as a group of
Christians," Carter said at a press conference Wednesday just before the
meeting began."]
Putin's man takes chance to stress continuity reuters.com 2/4/8 ["Putin,
Russia's most popular politician, has said he will consider becoming
Medvedev's prime minister. Medvedev, chairman of Russia's gas giant
Gazprom..."]
Bush Proposes First $3 Trillion Budget ap.google.com 2/4/8 ["will
project huge budget deficits, around $400 billion for this year and next
and more than double the 2007 deficit of $163 billion. But even those
estimates could prove too low given the rapidly weakening economy and the
total costs of the wars in Iraq and Afghanistan, which Bush does not
include in his request for the budget year beginning Oct. 1."]
Bird
flu spreads in Bangladesh, port city on alert reuters.com 2/4/8 ["So
far no human infection has been reported in Bangladesh, though some 4
million people are involved in poultry farming across the country.
The neighbouring Indian state of West Bengal has put 26 people in
isolation with bird flu symptoms after the most serious outbreak of the
disease in poultry."]
Getting Knocked Down by Prime ARMs businessweek.com 2/3/8 ["In
Arizona, between the third quarters of 2006 and 2007, there was a 902%
rise in foreclosures started against homeowners who had prime
adjustable-rate mortgages, known as ARMs, according to the Mortgage
Bankers Assn. ARMs, whether prime or subprime, are the real culprit in the
housing crisis because they've allowed too many people to buy homes with
almost no money down, with the hope that they could flip the properties or
have rates drop before the loans reset. The rise in prime ARM
foreclosure starts isn't isolated to a few states. Nationally, foreclosure
starts related to prime ARMs jumped 253% in the third quarter of 2007 when
compared to a year earlier. "]
Judges: 'Gay'
exposure OK for kindergarteners wnd.com 2/3/8 ["In a case that could
wind up in the U.S. Supreme Court, an appeals panel upheld dismissal of a
lawsuit by Massachusetts parents seeking to prevent discussion of
homosexual families in their children's elementary school classrooms."]
Biggs's Tips for Rich: Expect War, Study Blitz, Mind Markets
bloomberg.com 2/3/8 ["Barton Biggs has some offbeat advice for the rich:
Insure yourself against war and disaster by buying a remote farm or ranch
and stocking it with ``seed, fertilizer, canned food, wine, medicine,
clothes, etc.'' ...Biggs is no paranoid survivalist. He was chief
global strategist at Morgan Stanley before leaving in 2003 to form hedge
fund Traxis Partners." Editor: It is not a good sign when
such a respected man is making such suggestions in such a widespread media
such as Bloomberg.]
U.S. loses its status as economic world power newsday.com 2/3/8 ["What
makes the American case so acute, in foreign eyes, is that it comes at a
time when the United States is massively in debt to China and oil-rich
countries like Russia and the nations of the Arab gulf. As America cuts
interest rates to keep banks solvent, the dollar becomes less attractive
to those countries who are keeping America afloat. Yet we need their
capital to keep our ailing banks afloat."]
Wheat Rallies, Extending Record in Minneapolis, on Low Supply
bloomberg.com 2/3/8 ["Wheat rose in Chicago on signs of rising demand for
limited U.S. supplies of high-protein spring varieties. Prices touched a
record in Minneapolis, topping $14 a bushel for the first time for any
U.S. wheat contract."]
Another undersea Internet cable damaged in Mideast: Indian firm
afp.google.com 2/3/8 ["The cause of the latest cable damage was not
immediately known. Flag Telecom owns another undersea cable which
was damaged off Egypt on Wednesday in the Mediterranean. Indian media
reports have attributed that damage to a ship's anchor which dropped on
the cable. On the same day in Kuwait, the government reported two
cables damaged by "weather conditions and maritime traffic.""
Editor: Now I'm very suspicious...]
Middle East Internet Blackouts Spur Geopolitical Suspicions
prisonplanet.com 2/3/8 ["Unprecedented mass Internet outages throughout
the Middle East and Asia after no less than four undersea Internet cables
were cut without explanation are spurring suspicions that a major event of
geopolitical proportions may be just around the corner."]
US mock
disaster drill: Trains, planes and bloggers threaten America
dailyherald.com 2/3/8 ["The $3 million, invitation-only war game simulated
what the U.S. described as plausible attacks over five days in February
2006 against the technology industry, transportation lines and energy
utilities by anti-globalization hackers. The government is organizing
another multimillion-dollar war game, Cyber Storm 2, to take place in
early March."]
Hypocrites Gather In Atlanta newswithviews.com 2/3/8 [By Paul Proctor
"According to the Associated Press, a group of Baptists recently met in
Atlanta at a gathering called, Celebration of a New Baptist Covenant, "to
develop common ministries" and "challenge any perception that all Baptists
accept conservative Southern Baptist views." The AP reported that host and
former president, Jimmy Carter "hopes [the] moderate Baptist meeting in
Georgia will serve as [a] model of unity.""]

America – A Nation of Forgetfulness and Neglect!
lasttrumpetministries.org
2/2/8 [By Pastor David Meyer ""]
A New Century: A New Reformation crossroad.to 2/2/8 [""To that end,
Warren is trying to increase civility in the world, and he is calling
Christians to act on their own teachings. 'I think we need a second
Reformation in the church about how we behave,' he asserts. 'The
first Reformation was about creeds. I think the second Reformation needs
to be about deeds…' "He calls this second Reformation a
'mobilization.' Saddleback is developing a 'Peace Plan” and worldwide
mission to promote reconciliation through service.... "]
Reconciling Faith and Politics barackobama.com 2/2/8 ["In June of
2006, Senator Obama delivered what was called the most important speech on
religion and politics in 40 years. Speaking before an evangelical
audience, Senator Obama candidly discussed his own religious conversion
and doubts... if we don't reach out to evangelical Christians and
other religious Americans and tell them what we stand for, then the Jerry
Falwells and Pat Robertsons and Alan Keyeses will continue to hold sway.
...Pastors, friends of mine like Rick Warren and T.D. Jakes are wielding
their enormous influences to confront AIDS, Third World debt relief, and
the genocide in Darfur. Religious thinkers and activists like our good
friend Jim Wallis and Tony Campolo are lifting up the Biblical injunction
to help the poor as a means of mobilizing Christians against budget cuts
to social programs and growing inequality."]
N.Y.
court declares out-of-state gay marriages valid reuters.com 2/2/8
["...appeals court ruled on Friday that valid same-sex marriages performed
in other states or countries must be recognized in New York, the first
known ruling of its kind in the country, a rights group said."]
Bush Subprime Plan Undermined, States Shun Borrowers bloomberg.com
2/2/8 ["The reluctance to lend threatens to undermine a pivotal part of
the president's plan for alleviating the worst housing slump in 26 years.
More than 50 percent of subprime borrowers are being rejected by state
programs because their homes have lost too much value or they've
accumulated excessive debt, estimates Geoffrey Cooper, emerging markets
director at a unit of MGIC Investment Co., the country's biggest mortgage
insurer."]
Third
undersea Internet cable cut in Mideast cnn.com 2/2/8 [Editor: Moral
of the story, do not rely too heavily on the Internet - for business,
news, or communication. Invest in shortwave radios and other means
of obtaining the news and for communication.]
The Turtle Has
Landed newswithviews.com 2/2/8 [By Dr. Laurie Roth "The AAM puts
it in perspective for us reminding us that domestic manufacturing was at a
high of 53 percent in 1965 but 40 years later it accounts for ONLY 9
percent of our GDP."]
UK:
Survival of early babies 'doubles' telegraph.co.uk
2/2/8 ["A study at one of Britain's top neonatal units found that one
third of babies born between 22 and 25 weeks' gestation survived in the
early 1980s but this had risen to 71 per cent by the late 1990s. The
biggest improvements were among the 24 and 25-week babies.
Campaigners have already called for the 24-week abortion limit to be
lowered, but experts have previously argued there has been little
improvement in the chances of babies born very early."]
[Ron] Paul: No federal funds for TTC herald-coaster.com 2/2/8 ["has
filed a bill in the House of Representatives to prevent the proposed
Trans-Texas Corridor from receiving federal dollars. The TTC is a
large transportation network championed by Gov. Rick Perry and the Texas
Department of Transportation that would carve a wide swath out of central
Texas to add highway lanes, rail lines and other infrastructure to major
trade routes in the state."]
NYC
Subways Adding Dogs, Armed Officers newsday.com 2/2/8 ["Teams of
police officers armed with submachine guns and bomb-sniffing dogs will
soon be patrolling the busiest parts of New York City subways as part of a
major increase in regional security funding. The subway initiative
is one use of the $151.2 million in new grant money from the Department of
Homeland Security to transit systems in New York, Connecticut and New
Jersey. Last year, they received $98 million."]
Banks
join to rescue Ambac: sources reuters.com 2/2/8 ["The stakes are high
for banks, insurers and the broader economy. Bond insurers, which
guarantee more than $2.4 trillion of debt, are expected to suffer billions
of dollars of losses after insuring repackaged subprime mortgages. They
are looking to raise capital to protect their credit ratings."]
Economic Stimulus
Package: Macabre Waltz Into The Abyss newswithviews.com 2/1/8 [By
Devvy Kidd "By the time the interest is paid to the privately
owned FED, it will be roughly $300 billion borrowed dollars."]
S&P Lowers or May Cut $534 Billion of Subprime Debt bloomberg.com 2/1/8 ["The
downgrades may extend bank losses to more than $265 billion and have a
``ripple impact'' on the broader financial markets, S&P said in a
statement today. The securities represent $270.1 bi |