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McDonalds Homosexual Advocacy Increases - Now Funds Pride Parade
lifesitenews.com
7/31/8 [""McDonald's expressed
its support for the Pride parade via a television commercial, in
which a company representative said, amidst montage shots of the
parade, "McDonald's is proud of our diverse workforce and of our
recognition by the Human Rights Campaign as a company that
actively demonstrates its commitment to the gay and lesbian
community."]
Central banks fire new round at credit crisis uk.reuters.com
7/31/8 ["The U.S., European,
and Swiss central banks on Wednesday extended emergency lending
facilities for investment banks and expanded other liquidity
programs to ease credit market strains that have weighed on the
global economy for nearly a year."]

Rick Warren Still Doesn't Get It? newswithviews.com
7/31/8 ["Pastor Warren is
reportedly gathering bodies - any willing bodies - to help him
"cure societal problems" for the "common good." Jesus
Christ, on the other hand, is gathering saved souls to a Kingdom
not of this world for God's Glory. Big difference… "]
GM May Cut Salaried Workforce in U.S., Canada by 15%
bloomberg.com
7/31/8 ["General Motors Corp.
may cut 15 percent of its salaried workforce in the U.S. and
Canada by the end of the year as the money-losing automaker
tries to pare annual costs by $10 billion, people familiar with
the plan said."]
Rape Victim's
Book Recounts Added Horror of Abortion After Sexual Abuse
lifenews.com
7/31/8 ["Cooley is the author
of "Into the Light: Rape, Abortion and the Truth that Set Me
Free" (Pleasant Word, 2007), which provides an intimate look at
the trauma associated with abortion - even in the case of rape.
"At the time of my abortion I believed that I didn't have
another choice. It's devastating to believe you have to choose
between your life and the life of your child - and then live
with the aftermath of that decision," she explains in a
statement to LifeNews.com."]
Bush quietly signs mortgage relief measure ap.google.com
7/31/8 ["intended to rescue
about 15 percent of the cash-strapped homeowners in fear of
foreclosure in the next year or so."]
NY gov slashes spending; state said in "recession"
reuters.com
7/31/8 ["New York, which faces
a steep budget deficit due to declining tax revenues, will slash
spending by $630 million by laying off workers, imposing a
hiring freeze and other measures, Gov. David Paterson said on
Wednesday."]
Merrill to Sell $8.5 Billion of Stock, Unload CDOs
bloomberg.com
7/31/8 ["...will sell $8.5
billion of stock and liquidate $30.6 billion of bonds at a fifth
of their face value to shore up credit ratings imperiled by
mortgage losses."]
Out-of-stage gay marriage closer in Massachusetts
reuters.com
7/30/8 ["Massachusetts
lawmakers cleared the way for out-of-state same-sex couples to
marry in the state by voting on Tuesday to repeal a 1913 law
that banned marriages not considered valid in the couples' home
states. Gov. Deval Patrick, a Democrat whose daughter has
come out as a lesbian, has said he plans to sign the repeal
measure."]
Price
Increase Plagues Discount Shoppers abcnews.go.com
7/30/8 ["Costco has announced
that it will have to raise its prices, on some items by as much
as 15 percent. ...Kraft Foods, Kellogg's and Tyson -- some
of Costco's suppliers -- have said they may be forced to raise
prices on some items by more than 20 percent, citing higher
energy costs."]
California 'dodges bullet' as 5.4 earthquake rocks region
afp.google.com
7/30/8 ["The quake, which was
followed by 27 minor aftershocks, rippled across California and
Nevada, rattling city officials in San Diego, tourists in
Disneyland and residents as far east as Las Vegas, officials
said."]
Starbucks Cuts 1,000 Jobs, Makes Executive Changes (Update3) bloomberg.com
7/30/8 ["Earlier today, the
coffee-shop chain said it will shut three-fourths of its 84
stores in Australia within the next five days, backing away from
a market it entered eight years ago."]
Census reports more unmarried couples living together
usatoday.com
7/29/8 ["The number of
opposite-sex couples who live together, less than a million 30
years, hit 6.4 million in 2007, show federal data released
Monday. Cohabiting couples now make up almost 10% of all
opposite-sex U.S. couples, married and unmarried."]
Merrill sets $5.7 billion write-down, to sell stock
uk.reuters.com
7/29/8 ["The company has lost
$19.2 billion in the last year and suffered more than $40
billion of write-downs from subprime mortgages and other risky
debt."]
McCain's son resigns from two Boards of Directors
rawstory.com
7/29/8 ["McCain had served on
the board of Silver State Bank, originally Choice Bank, and
Silver State Bancorp since February 2008, having been a director
with Choice Bank starting in 2006."]
Florida: Court Orders that Pro-Homosexual Proselytism by
Students be Permitted in Schools lifesitenews.com
7/29/8 ["Justice Smoak ordered
that the school board "shall take such affirmative steps as are
necessary to remedy the past restraints of expression of support
for the respect, equal treatment, and acceptance of
homosexuals.""]
Obesity has more children taking adult medicines iht.com
7/29/8 ["...hundreds of
thousands of children are taking medication to treat Type 2
diabetes, high blood pressure, high cholesterol and acid reflux
- all problems linked to obesity that were practically
unheard-of in children two decades ago."]

Will
Pride Destroy America? newswithviews.com
7/28/8 [By Betty Freauf "In
Genesis 36 we see Esau a few years later under a microscope and
the nation of Edom filled with pride and God said to Edom: “The
pride of thine heart hath deceived thee, thou that dwelleth in
the clefts of the rock, whose habitation is high, that saith in
his heart, who shall bring me down to the ground? Though thou
exalt thyself as the eagle, and though thou set they nest among
the stars, thence will I bring thee down, saith the Lord.” (Obad.
1:3-4) When I read this scripture, America came to mind."]
Yale hosts high-level Christian-Muslim dialogue reuters.com
7/28/8 ["Senior Christian and Muslim
scholars and leaders are meeting in the United States this week
seeking common ground in their different faiths to foster better
understanding between Islam and the West. Hosted by Yale
University Divinity School, the conference is the first public
dialogue launched by Muslim intellectuals in the Common Word
group that appealed to Christian leaders last year for
discussions among theologians to promote peace."]
As costs rise, inflation's next front is retailers
ap.google.com
7/28/8 ["Hasbro said the retailers
it sells to didn't like price increases the company announced
Monday "but they recognize that their own private-label costs
are going up and they've accepted it." The increases leave
retailers in a bind: They can keep prices steady and cut profit
margins or raise prices and risk losing sales."]
Obama's $845 billion U.N. plan forwarded to U.S. Senate floor
worldnetdaily.com
7/28/8 ["He said the legislation, if
approved, dedicates 0.7 percent of the U.S. gross national
product to foreign aid, which over 13 years, he said, would
amount to $845 billion "over and above what the U.S. already
spends.""]
Floods strip Midwest of tons of valuable topsoil
ap.google.com
7/28/8 ["The floods may have caused
up to $3 billion in crop losses in Iowa and $800 million in crop
damage in Indiana, according to estimates from agriculture
secretaries in those states. Erosion damage is harder to
tally."]
McDonald's critics enlist YouTube, Martin Luther King Jr.
worldnetdaily.com
7/28/8 ["It was triggered by a
decision by the restaurant chain known for Happy Meals and Big
Macs to advocate for homosexuality. The company has given
$20,000 to the National Gay and Lesbian Chamber of Commerce and
placed one of its executives on that group's board. The NGLCC,
among other things, lobbies for same-sex "marriage" provisions."]
Failed Bank List fdic.gov
7/28/8 [""]
U.S. regulators seize two more banks, engineer sale
reuters.com
7/28/8 ["Two weeks after the Federal
Deposit Insurance Corp seized IndyMac Bancorp Inc, the Office of
the Comptroller of the Currency said it closed First National
Bank of Nevada and First Heritage Bank NA of California."]
California: Governor vetoes climate change curriculum
mercurynews.com
7/28/8 [" In his veto statement,
Schwarzenegger said he supported education that spotlights the
dangers of climate change. However, the Republican governor said
he was opposed to educational mandates from Sacramento."]
Sub-prime losses hit National Australia Bank telegraph.co.uk
7/27/8 ["National Australia Bank
(NAB), which owns Clydesdale and Yorkshire banks in the UK,
shocked the market by hiking up provisions for losses on US
subprime loans. Australia's largest bank booked A$830m
(£400m) in losses, and said the move could wipe A$600m off
profits this year. "]
NAB will shock Wall Street businessspectator.com.au
7/27/8 ["The National Australia
Bank's decision to write off 90 per cent of its US conduit loans
will have dramatic repercussions around the world. Wall Street
will be deeply shocked when they understand the repercussions of
what NAB has done. It is clear global banks have nowhere near
provided for their exposures to US housing loans which in the
words of John Stewart are experiencing a “meltdown”. "]
No angry lines of customers after bank takeover
ap.google.com
7/27/8 ["Customers of two banks
closed by federal regulators were assured that every penny of
their money was protected, preventing lines of angry
accountholders from forming Saturday."]
US food groups plan hefty price rises ft.com
7/27/8 ["Sara Lee, maker of meat
products such as Jimmy Dean sausages, said costs would compel it
to push up prices on meat lines by up to a fifth later this
year."]
GM, Ford `On the Verge of Bankruptcy,' Altman Says
bloomberg.com
7/27/8 ["The Z-scores for GM and
Ford give both a bond rating equivalent to a CCC ranking, though
GM is in slightly worse condition than Ford, Altman said. GM
reported a $38.7 billion loss in 2007, the biggest in its
100-year history, and hasn't posted a profit since 2004. The
scores are based on the companies' finances at the end of the
first quarter."]
Obama promises to 'remake the world' politico.com
7/26/8 ["Addressing more than
200,000 elated Europeans massed in Berlin at twilight,
presumptive Democratic nominee Barack Obama promised Thursday
that he would work to unite Christians, Muslims and Jews in a
safer, more united world. ...Billed as a speech about
Transatlantic relations, it turned out to be a manifesto for the
planet, with an appeal to “the burdens of global citizenship.”"]
Indian monkey god sent to Obama afp.google.com
7/26/8 ["The group decided to
despatch the idol after reading reports that Obama carried a
good luck "monkey king charm with him all the time in his
pocket," said Brij Mohan Bhama, an Indian fan of Obama."]
Fuel cost now driving up electric bills csmonitor.com
7/26/8 ["On a national basis,
the federal Energy Information Administration (EIA) estimates
that electric bills will rise 5.2 percent this year. But next
year, they're expected to rise 9.8 percent."]
Sales of Foreclosed Homes Are Up Nationwide businessweek.com
7/26/8 ["Even Michigan and
Ohio—Rust Belt states that didn't experience the same level of
overbuilding, rapid home-price inflation, aggressive lending,
and speculation during the boom—hit the top 10, largely because
of the loss of manufacturing jobs and other economic hardships."]
Tracing tomatoes from field to fork _ a new system
ap.google.com
7/26/8 ["Dr. David Acheson, the
Food and Drug Administration's food safety chief, says a better
tracing system needs three key components: a unique identifier
that follows each food item from field to consumer, electronic
record keeping and a common framework for sharing information
among all the players. "It is unquestionable that we need
to put more emphasis on the importance of traceability," said
Acheson. "Tracing foods back can be really tough, or pretty
straightforward, depending on the system.""]
Parents of Dead
Teen Whose Unborn Child Was Stolen Forgive Culprit at Funeral
lifenews.com
7/26/8 ["An AP report indicated
Johnson's father, Eric Johnson Sr., said he forgave Curry-Demus,
too, because he is a Christian. "I'm just glad my daughter
knew the Lord and she was saved. She's with Jesus," her father
said, according to the Associated Press."]
Pennsylvania Supreme Court Rules that Homosexual 'Hate Crimes'
Law Violates Pennsylvania Constitution lifesitenews.com
7/26/8 ["The Commonwealth Court
of Pennsylvania agreed last November that the law was
unconstitutional and struck it down. On appeal the Supreme Court
of Pennsylvania sided with the Commonwealth Court, saying on
Wednesday: "The order of the Commonwealth Court is AFFIRMED for
the reasons ably set forth in the opinion of the Honorable James
Gardner Colins, which opinion is adopted as that of the Supreme
Court.""]
Ford posts worst loss, puts turnaround plan into overdrive
afp.google.com
7/25/8 ["...posted its worst
quarterly loss in history. The 8.7-billion-dollar loss in
the second quarter was largely due to hefty charges as Ford
wrote down the value of its assets and recognized losses from
auto leasing. ...Ford also will accelerate plans to
streamline its global operations and will reduce the number of
vehicle platforms it offers to nine from 25"]
Costco Gets Bitten by Inflation businessweek.com
7/25/8 ["...Costco could choose
to please either investors by maintaining profit margins or its
customers by keeping prices low. It chose its customers.
...As the cost of goods rose over the last year, Costco has
passed on only a small portion to customers and will continue to
do so as long as possible."]
Conspiracy Collapses Dollar, Crime Does Pay
newswithviews.com
7/25/8 [By Alan Stang "Remember
also that IndyMac consumed at least 10% of the “funds” FDIC has
for the purpose. What happens when they are exhausted? We are
told that many more of the nation’s biggest banks – including
WaMu and Wachovia – are in trouble. What happens if they go
belly up? Word arrives from Australia that banks there are
putting sixty day holds on U.S. tellers’ checks. The “almighty
dollar” is now just a piece of paper."]
Minimum wage rises to $6.55 an hour starting Thursday
ajc.com
7/25/8 ["Since FDR, many
businesses have argued that any kind of wage floor not only
damages profits, by forcing companies to pay the minimum to even
the least-experienced worker, but is actually counterproductive."]
Chicago Suburb Tries to Quietly Issue Permit to Largest Planned
Parenthood in the Nation - Appeal Filed lifesitenews.com
7/25/8 ["The appellants claim
that the City continues to refuse to apply the correct ordinance
to Planned Parenthood, even after the City conceded that its
outside attorneys applied the wrong ordinance during their legal
review in September of last year. The facility has been dogged
by claims that Planned Parenthood's subsidiary, Gemini Office
Development, falsified permit applications, obtained an invalid
building permit, had invalid building inspections, and violated
numerous Aurora laws."]
Regional US banks in fears of cash calls ft.com
7/25/8 ["US regional banks will
draw scrutiny during earnings season this week amid fears that
losses on home equity and residential construction loans may
force some to raise fresh capital or put themselves up for sale
in turbulent markets."]
Pittsburgh cancer center warns of cell phone risks
ap.google.com
7/25/8 ["The head of a
prominent cancer research institute issued an unprecedented
warning to his faculty and staff Wednesday: Limit cell phone use
because of the possible risk of cancer. The warning from
Dr. Ronald B. Herberman, director of the University of
Pittsburgh Cancer Institute... "Although the evidence is
still controversial, I am convinced that there are sufficient
data to warrant issuing an advisory to share some precautionary
advice on cell phone use," he wrote in his memo."]
Last Abortion Clinic in South Dakota Closes after Law Requires
Patients be Informed of Possible Side Effects
lifesitenews.com
7/25/8 ["Planned Parenthood
closed its doors after their abortionists, who are flown in from
other states, refused to work under the new law that went into
effect last Friday. The law orders abortionists to inform
patients of the humanity of their babies and that the procedure
could affect their mental health two hours before the abortion
is set to be performed. The law also provides that abortionists
can be sued if they do not comply."]
California's state workers face pay cuts ft.com
7/25/8 ["Arnold Schwarzenegger
is threatening to slash the -salaries of California state
employees to the federal minimum wage to keep the state solvent
amid a deepening cash crisis. ...The temporary pay cuts
would affect 200,000 people"]
Jobless claims jump as housing market gets weaker
ap.google.com
7/25/8 ["The Labor Department
said the number of newly laid-off people filing for unemployment
benefits rose to 406,000 last week, a jump of a seasonally
adjusted 34,000. The last time jobless claims were higher was
after the Gulf Coast hurricanes in 2005."]
Court affirms online content law unconstitutional
ap.google.com
7/23/8 ["In its ruling Tuesday,
the federal appeals court concluded that the Child Online
Protection Act also violates the First Amendment because
filtering technologies and other parental control tools offer a
less restrictive way to protect children from inappropriate
content online."]
WaMu has $3.33 bln loss, may be cut to "junk" guardian.co.uk
7/23/8 ["Washington Mutual Inc,
the largest U.S. savings and loan, posted a $3.33 billion
second-quarter loss on Tuesday ...said its third straight
quarterly loss was $3.34 per share, more than triple the $1.09
per share loss that analysts on average expected"]
GSE rescue gets big price tag; House vote looms
uk.reuters.com
7/23/8 ["Administration plan
could cost taxpayers $25 billion"]
Two troubled U.S. banks each post billions in losses iht.com
7/23/8 ["Wachovia said it would
also eliminate about 10,750 jobs, including about 6,350
positions, largely in its mortgage business, and another 4,400
contractors and other positions across the bank."]
Food banks turn to gleaning in lean times usatoday.com
7/23/8 ["Gleaning is growing in
importance, in part, because fewer people are donating as fuel
and food prices rise..."]
Speculators aren't driving up oil prices, report finds
iht.com
7/23/8 ["The preliminary study
concluded that the rise in oil prices over the last five years
was "largely due" to fundamental factors like rapidly rising
consumption and sluggish growth in energy supplies worldwide.
The analysis was spearheaded by the Commodity Futures Trading
Commission with help from six other agencies, including the
Federal Reserve and the Treasury."]
Problems at loan giants push mortgage rates higher in the U.S.
iht.com
7/23/8 ["Worried about the
companies' financial health, bond investors are driving up
interest rates on their debt, and the added cost is being passed
on to consumers through the mortgage markets. For a $400,000
loan, the increase in 30-year rates in the last few days would
add $71 to a monthly bill, or $852 a year."]
Court upholds prison porn law onenewsnow.com
7/23/8 ["A 1996 law that
prohibits tax dollars from being used to distribute pornography
is being used to argue against the distribution of porn to
prison inmates."]
Court Rules Bush Admin Wrong to Fine CBS for Super Bowl Janet
Jackson Striptease lifesitenews.com
7/22/8 ["The court claims this
notorious act was not 'pervasive as to amount to "shock
treatment" for the audience' but the wardrobe malfunction was
clearly intended to shock the worldwide audience. It incited
unprecedented outrage and immediate phone calls and emails from
viewers to the FCC."]
Closing the
Loophole on Pornography Sales cwalac.org
7/22/8 ["Congressman Paul C.
Broun (R-Georgia), M.D., introduced the “Military Honor and
Decency Act (H.R. 5821),” which closes that loophole so
pornographic publications aren’t sold or subsidized by military
exchanges. Legislation like H.R. 5821 would protect military
families from the harmful effects of pornography and would
encourage a family-friendly environment on military
installations."]
Miami International Airport scanners see through clothes
miamiherald.com
7/22/8 ["Miami is one of 21
airports nationwide receiving the new technology. The whole body
imaging machines are already in use in Los Angeles, New York's
JFK, Baltimore-Washington, Denver, Albuquerque, Ronald Reagan
Washington, Detroit, Dallas-Fort Worth and Phoenix Sky-Harbor,
Washington Dulles and Las Vegas airports."]
Canadians, Americans, International - Sign the On Line Petition:
"Rescind Order of Canada From Morgentaler" lifesitenews.com
7/22/8 ["Over 2000 Have Signed
"Rescind Order of Canada From Morgentaler" Petition in First 24
Hours"]
In tight times, shunning materialism saves money
ap.google.com
7/22/8 ["On Wednesday, the
Labor Department said consumer prices rose 1.1 percent in June,
nearly the fastest pace in a generation."]
Family Farms sustainabletable.org
7/22/8 ["Family farmers are being
forced out of business at an alarming rate. According to Farm
Aid, every week 330 farmers leave their land.i As a result,
there are now nearly five million fewer farms in the U.S. than
there were in the 1930's."]
Is America too big to fail? iht.com
7/21/8 ["Together, Fannie and
Freddie own or guarantee nearly half of the nation's $12
trillion worth of home mortgages. ...The central banks of
China and Japan are on the hook for hundreds of billions of
dollars worth of Fannie's and Freddie's bonds - debts they took
on assuming that the two companies enjoyed the backing of the
American government, argues Brad Setser, an economist at the
Council on Foreign Relations."]
Overseas investors take hard look at U.S. mortgage giants
iht.com
7/21/8 ["About one-fifth of
securities issued by Fannie, Freddie and a handful of much
smaller quasi-government agencies, some $1.5 trillion worth,
were held by foreign investors at the end of March. One-tenth of
all American mortgages are, in effect, in the hands of
institutions and governments outside the United States."]
Paulson braces public for months of tough times
ap.google.com
7/21/8 ["Paulson said the
number of troubled banks will increase as they struggle to cope
with big losses on bad mortgages. The government this month took
over IndyMac after a run led it to become the largest regulated
thrift to fail."]
Fuel's surge a headache for home health providers
ap.google.com
7/21/8 ["...who care for
roughly 12 million elderly and disabled patients nationwide and
drive an estimated 5 billion miles a year, according to a recent
study by the National Association for Home Care and Hospice.
The industry is also contemplating abandoning uneconomical home
visits in far-flung locations..."]
UK: 'No decision' on giant database news.bbc.co.uk
7/21/8 ["No decision has been
taken to create a huge database containing details of all phone
calls, e-mails and internet use, security minister Lord West
says. ...There have been reports that the giant database
is planned for the government's proposed Communications Data
Bill."]
Saudis host a global interfaith conference in Madrid: a 'first
step' csmonitor.com
7/19/8 ["In his opening remarks
Wednesday at the three-day conference, host Saudi King Abdullah
reminded his audience – nearly 300 religious, political, and
cultural leaders from 50 different countries – of their shared
purpose. "If we want this historic encounter to succeed,
we must look to the things that unite us: our profound faith in
God, the noble principles and elevated ethics that represent the
foundation of religions," he said. "]
Brazil:
Offend a homosexual ... Go to prison for 5 years
worldnetdaily.com
7/19/8 ["The bill also seeks to
penalize private and public school administrators with up to
three years in prison if they refuse to hire openly "gay"
teachers. According to the CNA, the measure will force
prison time for any "moral, ethical, philosophical or
psychological expression that questions homosexual practices.""]
US activists praise Senate for lifting HIV travel ban
afp.google.com
7/19/8 ["With the vote, the
secretary of the Department of Health and Human Services now has
the authority to lift the HIV ban. It remained unclear if
President George W. Bush's administration would take action or
leave the issue to the next president, US media reported."]
Nintendo says sold 666,000 Wii in U.S. in June
uk.reuters.com
7/18/8 [Editor: II Timothy
3:1-4 foretells, "This know also, that in the last days perilous
times shall come. For men shall be lovers of their own selves,
covetous, boasters, proud, blasphemers, disobedient to parents,
unthankful, unholy ...lovers of pleasures more than lovers
of God"]
U.S. jobless claims rise, showing companies are staying lean
iht.com
7/18/8 ["The number of people
continuing to draw unemployment benefits fell to 3.1 million for
the week ending July 5, the most recent period for which that
information is available. That compared with 2.6 million a year
ago."]
Merrill Lynch reports $4.9 billion loss cnn.com
7/18/8 ["Nation's largest brokerage
suffers its fourth-straight quarterly loss, confirms plans to
sell Bloomberg stake for $4.43 billion."]
Weis says he's open to assistance from State Police, but
National Guard wouldn't help chicagotribune.com
7/18/8 ["A day after Gov. Rod
Blagojevich called Chicago's rising crime rate "out of control"
and offered state manpower to help, Police Supt. Jody Weis
carefully waded into the political fray Thursday on the city's
behalf ...The governor's offer, which the administration
said potentially involved using state troopers to patrol streets
and National Guard helicopters to carry out surveillance, raised
questions about whether it was more the result of a political
struggle with Mayor Richard Daley rather than the need for more
police."]
Virgin Mobile Solicits Youth to Strip for Charity, Posts Videos
on Website lifesitenews.com
7/18/8 ["US mobile phone provider
Virgin Mobile... The "Strip2Clothe" drive has horrified
parents, charities, and youth and family organizations with some
saying that the campaign amounts to a gross exploitation of
young people via the internet. Virgin Mobile, however, has
refused thus far to back down."]
SC gay group to pay for ads after state balks
seattlepi.nwsource.com
7/18/8 ["A gay pride organization
said Thursday it plans to raise $5,000 to pay for an advertising
campaign that proclaimed "South Carolina is so gay" after the
state refused to pick up the tab."]
As price of corn rises, catfish farms in U.S. dry up iht.com
7/18/8 [""It's a dead business,"
said John Dillard, who pioneered the commercial farming of
catfish in the late 1960s. Last year Dillard & Company raised 11
million fish. Next year it will raise none. People can eat
imported fish, Dillard said, just as they use imported oil.
...Feed is now more than half the total cost of raising catfish,
compared with a third of the cost of beef and pork production"]
US Senate triples funding for global AIDS fight
afp.google.com
7/18/8 ["The Senate voted 80 to 16
to authorize 48 billion dollars over the next five years -- 18
billion dollars more than Bush had requested -- for the program,
which also includes funds to battle tuberculosis."]
Malls get creative to draw more shoppers in tough economy
usatoday.com
7/18/8 ["The International Council
of Shopping Centers projects 144,000 store closures this year —
up 7% from last year. That's the largest increase in the 14
years that the council has tracked the data."]

Our
Prognosis Is Terminal newswithviews.com
7/18/8 [By Jim R. Schwiesow "A
people without God have no spiritual discernment and therefore
have no wisdom. We clamor after the academicians and the
so-called super intelligent and think their works brilliant.
...it is the people - a godless and perverted people – of an
iniquitous and degenerate mind that are perfectly and utterly
responsible for the deterioration of our system and our society,
and for the degenerates who rule over us."]
Freddie & Fannie Unconstitutional Bail Out Using What?
newswithviews.com
7/18/8 [By Devvy Kidd "The
nation is awash in fear because they are coming to realize that
while they've been buying all the hype from the cabal of
gangsters in Washington for decades, reality is now setting in
as poverty is slamming millions who used to belong to the middle
class. From dangerous lending practices to the derivatives time
bomb waiting to go off and inflation getting ready to launch
into hyper inflation, the situation is more grim by the week."]
Family Advocates Take McDonald's Boycott to Home of the Golden
Arches After "Hate" Smear lifesitenews.com
7/17/8 ["The American Family
Association (AFA), Americans for Truth, the Illinois Family
Institute, and the legal advocacy group Liberty Counsel held a
joint press conference Wednesday in front of the McDonald's
restaurant across from McDonald's corporate headquarters in Oak
Brook, Illinois to protest the corporation's statements that
people opposed to its support of the National Gay and Lesbian
Chamber of Commerce (NGLCC), were motivated by "hate.""]
Calif. court rejects gay-marriage-initiative case
ap.google.com
7/17/8 ["The unanimous decision
means that, barring further legal action, voters will consider a
constitutional amendment in November that would again limit
marriage in California to a union between a man and a woman. The
court did not give a reason for deciding not to accept the case."]
Planned Parenthood in Hysterics over Bush Memo Defining
Abortifacient Contraception as Abortion lifesitenews.com
7/17/8 ["Planned Parenthood and its
abortion allies are apoplectic over a new Bush Administration
memo that defines abortifacient contraception as abortion and
proposes regulations that would prevent individuals and entities
receiving federal money from discriminating against pro-life
health care providers."]
The Fed's Cure for "Nature Deficit Disorder" in Our Kids
crossroad.to
7/17/8 [By Professor Allen Quist
"Claiming to have the remedy for "nature deficit disorder,"
Congressional Democrats (along with some Republicans) are in the
process of passing a new federal education program for all 50
states. The bill is called "No Child Left Inside" and is a major
expansion of the federal education train-wreck, the No Child
Left Behind Act (NCLB). ...This radical bill says that it
will make K-12 students "environmentally literate" before they
graduate. If passed, the program will actually indoctrinate our
kids with the values of the sky-is-falling type of
environmentalists, the same crowd that has given us $4.00 plus
per gallon gasoline by making it impossible to tap into our huge
oil reserves on the North Slope of Alaska and the outer
continental shelf."]
Gay couples in U.S. are one step closer to marriage in
Massachusetts iht.com
7/16/8 ["The Massachusetts
Senate voted Tuesday to repeal a 1913 law that has been used to
bar gay couples residing in other states from marrying in
Massachusetts. The law prohibited couples from obtaining
marriage licenses if they could not legally wed in the states in
which they reside."]
Banks hit by fallout from the crisis at IndyMac latimes.com
7/16/8 ["As thousands of
customers waited hours in the heat Monday to withdraw deposits
from failed IndyMac Bank, investors dumped the stocks of many
mortgage lenders, precipitating the steepest one-day decline in
banking shares since 1989. Southern California fixtures
Downey Financial Corp. and FirstFed Financial Corp., specialists
in the nontraditional mortgages that fueled the housing boom,
were among the hardest hit, with their stock prices down 24% and
19% respectively. Shares of Washington Mutual Inc., the biggest
savings and loan, fell nearly 35%."]
Police show up at IndyMac Branches in Encino, Northridge as
waiting customers clash latimes.com
7/16/8 ["Los Angeles police
were dispatched to IndyMac Bank branches in Encino and
Northridge this morning when customers waiting to withdraw money
became irate after several people tried to cut in line on the
second day of the failed institution's federal takeover.
...By 9:30 a.m., there were more than 100 customers waiting in
two lines -- one for people who had put their names on the list
Monday, and one for everyone else."]
Calif. blazes called state's largest 'fire event'
ap.google.com
7/16/8 ["The emergency services
office says it's the single largest fire event in the history of
California."]
Monsanto patent fight ensnares Missouri farm town
kansascity.com
7/16/8 ["Now Monsanto is
raising the stakes against this so-called seed piracy with an
unprecedented lawsuit against a farm co-op it accuses of aiding
the illegal practice by cleaning seeds for use in future crops.
That practice violates the contract between Monsanto and farmers
which prohibits farmers from stockpiling seeds or selling
second-generation seeds."]
The Shack's Wayne Jacobsen Resonates with Contemplative/Emerging
Writers crossroad.to
7/16/8 ["...readers need to be
aware that Jacobsen is a proponent of emerging and contemplative
books and authors. It's an important thing to know because
Christian figures are heralding the book, helping it to remain
on the New York Times Best Seller list. Those that understand
this book -- its obvious and its not so obvious messages--know
that it's important to issue a warning. And the fact that
popular Christian authors like Eugene Petersen and Gayle Erwin
(The Jesus Style) endorse the book..."]
Iran and Russia sign major oil deal jpost.com
7/16/8 ["Gazprom's Chief
Executive Alexei Miller met on Sunday with Iranian President
Mahmoud Ahmadinejad and went on to sign an agreement for
developing Iranian oil and gas fields."]
GM to cut jobs, raise liquidity by $15 billion
guardian.co.uk
7/16/8 ["The automaker said it
would cut white-collar employment costs by 20 percent, a step
expected to mean the loss of thousands of jobs among the 40,000
salaried workers GM employs in North America. ...Wagoner
said GM assumed U.S. industrywide auto sales would drop to 14
million vehicles this year and stay at that level in 2009, down
from 16.15 million in 2007. GM also assumed that oil prices
would average between $130 and $150 per barrel by 2009."]
Paulson Seeks Authority to Shore Up Fannie, Freddie
bloomberg.com
7/15/8 ["...asked Congress for
authority to buy unlimited stakes in and lend to the companies,
aiming to stem a collapse in confidence. The Federal Reserve
separately authorized the firms to borrow directly from the
central bank."]
General Motors to announce more cuts Tuesday ap.google.com
7/15/8 ["General Motors Corp.
is expected to cut several thousand salaried jobs and further
slash truck production in response to falling U.S. sales and
Wall Street's demands for more action to stem its losses,
according to two people briefed on the plan."]
Investors seek solace in gold ft.com
7/15/8 ["On Friday there was a
record one-day increase in holdings in gold exchange traded
funds as Fannie Mae and Freddie Mac, linchpins of the US
mortgage market, threatened to collapse and IndyMac Bank
imploded – the third-largest financial institution to fail in
the US."]
Wall Street's woes escalate ahead of earnings wave
ap.google.com
7/15/8 ["None of the troubles
that have rocked the market over the past year have let up yet:
not the housing market, not high commodities costs, not the
ailing financial system."]
Khamenei aide: Iran would attack heart of Israel jpost.com
7/15/8 ["Iran would "destroy"
Israel as well as 32 US army bases in the region if the Islamic
Republic is attacked, an aide to Iran's Supreme Leader Ayatollah
Ali Khamenei said Saturday."]
President George W Bush backs Israeli plan for strike on Iran
timesonline.co.uk
7/15/8 ["President George W
Bush has told the Israeli government that he may be prepared to
approve a future military strike on Iranian nuclear facilities
if negotiations with Tehran break down, according to a senior
Pentagon official."]
Bold Mediterranean summit opens diplomatic doors iht.com
7/14/8 ["Leaders of 43 nations
with nearly 800 million inhabitants inaugurated a new Union for
the Mediterranean on Sunday, designed to bring the northern and
southern countries that ring the sea closer together through
practical projects dealing with the environment, climate,
transportation, immigration and policing. ...Sarkozy spoke
of partnership and urged the leaders toward peace, saying: "The
European and the Mediterranean dreams are inseparable." He said
that "everyone is going to have to make an effort, as the
Europeans did, to put an end to the deadly spiral of war and
violence, that, century after century, periodically brought
barbarity to the heart of civilization.""]
IndyMac one of the largest bank failures in U.S. history
iht.com
7/14/8 ["But IndyMac's
customers, afraid their savings might disappear, stampeded
tellers, demanding their money back. Most of Indymac's deposits
are guaranteed by the Federal Deposit Insurance Corp., which
will operate the bank and try to sell it."]
Diesel hits record, gas ticks higher money.cnn.com
7/14/8 ["The price of diesel,
which is used to power most trucks and commercial vehicles, hit
$4.817 a gallon. ...Prices for regular unleaded gas are
35% higher than where they were last year, and diesel prices
have risen by more than 65% over the same period."]
US spells out Fannie-Freddie backstop plan ap.google.com
7/14/8 ["The Fed said it
granted the Federal Reserve Bank of New York authority to lend
to the two companies "should such lending prove necessary." They
would pay 2.25 percent for any borrowed funds — the same rate
given to commercial banks and Big Wall Street firms. The
Fed said this should help the companies' ability to "promote the
availability of home mortgage credit during a period of stress
in financial markets.""]
Oil fired up for an assault on $150 level ft.com
7/14/8 ["US crude on Tuesday
recorded its largest one-day dollar decline - $5.33 a barrel -
since the start of the first Gulf war in January 1991. Thursday
saw the second largest one-day dollar gain - $5.60 - since crude
futures started trading in the 1980s... Some traders
argued that the dollar was likely to come under further pressure
as the Federal Reserve would find its ability to use interest
rates to battle commodityrelated inflation pressures severely
constrained by the increased threat of systemic failure across
the financial markets."]
Government not expected to help more companies
apnews.myway.com
7/14/8 ["Such an approach could
mean beaten-down investment banks like Lehman Brothers Holdings
Inc. (LEH) and regional banks must now fend for themselves as
they try to recover from billions of dollars in mortgage-related
losses. That is bound to unnerve Wall Street, already anxious as
it awaits financial companies' earnings reports that are
expected to be down a stunning 69 percent from a year ago when
all the numbers are in."]
Spain to grant anonymity for women who have abortions
afp.google.com
7/14/8 ["The majority of
abortions in Spain take place in private clinics and are
justified on the grounds that the pregnancy posed a
"psychological risk" for the health of the woman."]
OPEC warns against military conflict with Iran iht.com
7/12/8 ["...warned Thursday
that oil prices would see an "unlimited" increase in the case of
a military conflict involving Iran, because the group's members
would be unable to make up the lost production."]
IndyMac seized by FDIC; Office of Thrift Supervision reproaches
Sen. Schumer forbes.com
7/12/8 [" IndyMac is the
second-largest financial institution to close in U.S. history,
said the Office of Thrift Supervision, which regulates the
company."]
Economics Undone crossroad.to
7/12/8 [By Carl Teichrib "During
the past fourteen months, the threat of economic uncertainty has
permeated the business and financial communities. From the
American sub-prime crisis to the globally expanding costs of
energy and food, it’s evident that a major shake-up is in the
works, and this economicturbulence has resulted in some very
interesting stories. Here are a few that cropped up toward the
end of June."]
Are You Ready for the Next Disaster? nytimes.com
7/12/8 ["Disaster psychology
tells us that few of us judge the risk of prospective hazards
accurately, or take sensible precautions even if we do. We may
believe that something terrible will happen in our nation or
even our in city, but we tend to think it won’t touch us
directly. Moreover, we’re often skeptical of official advice
about public safety."]
McDonalds Strikes Back at Family Boycott with Charges of "Hate"
lifesitenews.com
7/12/8 ["...the AFA, which has
over 2.2 million members, has pointed out that its boycott has
nothing to do with McDonald's homosexual employees, but
everything to do with McDonald's cash from its 31,000
restaurants worldwide flowing from families into anti-family
endeavors."]
Chinese Government is Top Foreign Holder of Fannie Mae, Freddie
Mac Bonds marketwatch.com
7/12/8 ["The top five foreign
holders of Freddie and Fannie long-term debt are China, Japan,
the Cayman Islands, Luxembourg, and Belgium. In total foreign
investors hold over $1.3 trillion in these agency bonds..."]
Food Costs Driving Up School Meal Prices usnews.com
7/12/8 ["According to the
School Nutrition Association, 75 percent of school nutrition
directors who responded to a recent survey said they plan to
raise meal prices to cope with soaring costs. Prices for foods
such as bread, milk, and cheese have jumped 17 percent in the
past year alone. Some districts say they have no choice but to
pass on the extra cost to students. In Tempe, Ariz., for
example, students will no longer get Peter Piper Pizza, and a
rice bowl—one of the most popular items—will now cost $4.25."]
Senate passes mortgage rescue plan seattletimes.nwsource.com
7/12/8 ["The new program would
let the FHA insure as much as $300 billion in new mortgages,
helping an estimated 400,000 homeowners."]
Another Disabled Young Person Dehydrated to Death in Terri
Schiavo's Hospice lifesitenews.com
7/12/8 ["Unquestionably
conscious cognitively disabled patients are now being denied
sustenance in every state in U.S."]
Mediterranean Union to
be launched euobserver.com
7/12/8 ["France will on Sunday
(13 July) launch the Union for the Mediterranean – the
brainchild of President Nicolas Sarkozy, which will bring
together EU member states and a number of North African and
Middle East countries."]
Oil sets new trading record above $147 a barrel
ap.google.com
7/12/8 ["...s hostilities rise
between the West and Iran — raising the likelihood that this
winter's heating bills will be the priciest yet. Crude
oil's brief jump past $147 a barrel Friday arrived not only as
the United States and Israel view Iran as a growing threat, but
also as the U.S. dollar fell and worries erupted over possible
supply disruptions in two other major oil-producing nations:
Nigeria and Brazil."]
U.S. Considers Takeover of Two Mortgage Giants nytimes.com
7/11/8 ["The government
officials said that the administration had also considered
calling for legislation that would offer an explicit government
guarantee on the $5 trillion of debt owned or guaranteed by the
companies. But that is a far less attractive option, they said,
because it would effectively double the size of the public debt."]
Fears rise on trillion-dollar trouble for Fannie Mae and Freddie
Mac afp.google.com
7/11/8 ["...as fears intensify
about a potential calamity at the firms, which underpin
trillions of dollars in home loans. On Thursday, Freddie
Mac shares plunged 22 percent to eight dollars, and are down
over 40 percent this week and 75 percent this year. Fannie
Mae sank 14 percent to 13.20 dollars, down 26 percent in the
week and 64 percent for the year."]
Fannie, Freddie insolvent, Poole tells Bloomberg reuters.com
7/11/8 ["Chances are increasing
that the government may need to bail out the two mortgage
companies, Poole was quoted as saying."]
Fake euro notes on the rise ECB reveals guardian.co.uk
7/11/8 ["The ECB said the
number of fake euro notes seized by authorities had jumped more
than 15 percent in the first six months of the year."]
Americans use less gas, hurt highway trust fund-CBO
reuters.com
7/11/8 ["The fund is built on
an 18.4 cent tax levied on each gallon of gas. It had been
forecast to run out by 2009, but the fund is now shrinking more
quickly, Peter Orszag testified to a Senate panel."]
Some in U.S. replace oil heat with wood stoves reuters.com
7/11/8 ["In New England, which
has the nation's highest rates of heating oil use, homeowners
are bracing for a near doubling in the cost to fill home oil
storage tanks compared with last year. The surging cost
has spread alarm among heating oil distributors, mainly small
and often family-run businesses. Their profit margins already
squeezed, they now face the prospect of taking on unprecedented
amounts of debt to buy fuel for winter."]
IndyMac depositors pull cash as mortgage woes grow
uk.reuters.com
7/10/8 ["...said on Tuesday
depositors had been withdrawing cash at an "elevated" pace since
a key U.S. senator questioned its ability to survive the housing
crisis. ...collapse of the largest independent, publicly
traded U.S. mortgage lender could prove a headache for U.S.
regulators since more than $17 billion of its deposits carry
federal insurance."]
Abu Dhabi fund snaps up NY's Chrysler Building
afp.google.com
7/10/8 ["The cash-rich Abu Dhabi
Investment Council has bought one of New York's best-known
skyscrapers, the Chrysler Building, for a heady 800 million
dollars ...Investors from Dubai, Kuwait and Qatar bought
the General Motors building, which is located on Fifth Avenue,
last month for 2.8 billion dollars."]
1,000 Attend Ottawa Rally Demanding Order of Canada to
Abortionist be Revoked lifesitenews.com
7/10/8 ["She added that giving the
highest Canadian award to an individual who, for 40 years, has
earned his living - not by saving babies, but by aborting them -
causes national division. "Henry Morgentaler has not consoled
the thousands of Canadian mothers and fathers who are still
suffering … and he is unrepentant.""]
Reasons To Just Say No To Vaccines newswithviews.com
7/10/8 [Dr. Sherri Tenpenny, DO
"With the passage of the Newborn Screening Saves Lives Act of
2007, signed into law April 24, 2008, the blood will be
collected and warehoused for scientific research.[1] Parents
have little or no say in any of these events."]
Food Shortages in Syria, United Arab Emirates jpost.com
7/10/8 ["...the news could not have
come at a worse time for the Syrian government: Instead of being
able to export wheat and enjoy the current high prices on the
world market, the government will now have to import wheat,
adding an extra burden to the country's economy. Over the
past few years Syria has earned some $200 million from wheat
export. "]
Fed may extend Wall Street lending reuters.com
7/9/8 ["Federal Reserve
Chairman Ben Bernanke said on Tuesday the U.S. central bank may
keep an emergency lending facility for big Wall Street firms
open longer than it initially intended, a signal the Fed is
fearful of shutting down a vital backstop."]
Today's Christians: No Hope In God's Way newswithviews.com
7/9/8 [By Chuck Baldwin "What
they were saying was, "Doing it God's way offers no hope. We
will do it our way. We will rely upon our own devices, wisdom,
and strength. We can get ourselves out of this mess." That is
the spirit these people possessed. Ladies and Gentlemen, I
submit that this is exactly the same spirit that many professing
Christians display today."]
World Bank: Biofuels lift food prices 75 percent
news.cnet.com
7/9/8 ["The World Bank argues
that these policies have distorted the market for grains in
three ways, according to The Guardian. First, crops that would
have been sold for food have been diverted for biofuels
production. Second, land is now being used for fuels rather than
food. And third, the mandates have set off speculation in
financial markets"]
Gardasil - 18 Dead, Thousands Suffer Complications
lifesitenews.com
7/9/8 ["The public interest
group Judicial Watch recently obtained more than 8,000 reports,
under the US Freedom of Information law, of adverse events in
girls and young women after they were injected with the HPV
vaccine Gardasil."]
Wisconsin
Abortion Numbers Plummet 14 Percent in 2007 as Centers Close
lifenews.com
7/9/8 [""With five abortion
clinics in Wisconsin, 40% were closed last year. It is quite
possible that abortions will go up in 2008 because the clinics,
unfortunately, have re-opened," WRTL indicated.
"Nonetheless, nothing can diminish the fact that 1,313 babies
were saved from abortion in 2007 and their mothers spared the
lifetime impact of abortion," the Right to Life group concluded."]
Colorado
Planned Parenthood Finishes New Denver Abortion Center Early
lifenews.com
7/9/8 ["No one knew about the
new abortion center until August or that the new facility will
house the pro-abortion group's headquarters and an abortion
facility in the same 50,000-square foot space."]
Feds target children with live flu vaccine worldnetdaily.com
7/9/8 ["The vaccinations could
start as early as a few weeks from now, and the infections could
be spread for up to three weeks following the vaccinations,
officials confirmed. Each half milliliter portion of the
formula, called FluMist, contains particles of "live, attenuated
influenza virus," writes Robert Carrillo on his extensive blog
posting about the vaccine."]
Golden Arches Awash in Rainbow Colors: Family Group Boycotts
McDonalds for Support for Homosexual Agenda lifesitenews.com
7/8/8 ["The American Family
Association, which has at least 2.2 million members, declared
the boycott of McDonald's after the company refused repeated
requests to withdraw McDonald's name, logo, and endorsement from
the National Gay and Lesbian Chamber of Commerce (NGLCC)
website, which lists McDonald's as a "Corporate Partner.""]
Crisis wipes $1 trillion from financial stocks ap.google.com
7/8/8 ["U.S. financial companies
have lost more than $1 trillion in value this year..."]
U.S. gasoline price at record $4.11/gallon: gov't
reuters.com
7/8/8 [""]
Report: Emirates calls on GCC countries to depeg currencies from
US dollar jpost.com
7/8/8 ["The National, which is owned
by the Abu Dhabi ruling family, reported Sunday that the UAE is
calling on all six Gulf Cooperation Council member states to
"rethink" their monetary policy amid soaring inflation in the
oil-rich region."]
Americans Will Be Taxed For Their Carbon Emissions
newswithviews.com
7/8/8 [By Jim Kouri "On July
1, citizens of Canada's British Columbia began paying a
so-called carbon tax for reducing greenhouse gas emissions. The
provincial government is levying the tax on most fossil fuels,
including gasoline and home heating fuel."]
IndyMac deemed under-capitalized by regulators
marketwatch.com
7/8/8 ["IndyMac Bancorp said late
Monday that regulators have told the lender it isn't "well
capitalized" after failing to raise new capital. The
company said it has agreed to a new business plan with
regulators which includes halting new mortgages to shrink its
balance sheet and improve capital ratios. It will also cut 3,800
jobs, bringing staff levels to roughly 3,400. "]
UK: Government asks stores to stockpile food to overcome
hauliers strike timesonline.co.uk
7/7/8 ["Ministers are in talks
with supermarkets about emergency food reserves in case fuel
protests lead to shortages at shops. The government wants
to ensure retailers and suppliers can continue to sell basics
such as meat, bread and milk if hauliers bring the country to a
halt. They have asked supermarkets to make contingency
plans “in case the infrastructure of the country breaks down”. "]
U.S. is in no shape to give advice, Medvedev says iht.com
7/7/8 ["Medvedev made his
comments on Tuesday in a meeting with a small group of foreign
journalists a day after the American treasury secretary, Henry
Paulson Jr., appealed in Moscow for Russian investment in the
United States. The symbolism of the visit resonated here, in
that only a decade had passed since the Russian economy was in
shambles and the country was desperate for Western aid."]
OPEC president blames ethanol for crude-price rise
marketwatch.com
7/7/8 ["...said in an interview
with an Algerian newspaper. "We have to follow the evolution of
the dollar, because a 1% fall in the dollar means $4 more on the
price of oil." Khelil said the weak dollar and
geopolitical worries are responsible for 60% of the rise in
crude prices"]
The buck doesn't stop here; it just keeps falling
ap.google.com
7/7/8 ["...The gaping U.S.
current-account deficit — the amount by which the value of
goods, services and investments bought in the U.S. from overseas
exceeds the amount the U.S. sells abroad — and the low levels of
domestic savings means that foreigners must purchase more than
$3 billion every business day to fund the imbalance. Since
roughly half of the nation's nearly $10 trillion national debt
is held by foreigners, mostly in Treasury bills and bonds, such
a withdrawal could have enormous consequences."]
Inexpensive
Cancer Treatments cancertutor.com
7/7/8 ["While this website has
articles for recently diagnosed cancer patients ..., the main
focus of this website is on identifying the very small number of
the 300+ alternative cancer treatments which are strong enough
to deal with the disastrous condition of cancer patients who
have had extensive orthodox treatments, many of whom have been
given up on by orthodox medicine."]
Shares tumble worldwide on "Super Thursday" uk.reuters.com
7/4/8 ["The gloom was rampant
everywhere with Tokyo stocks setting their longest losing streak
in more than half a century while the dollar hit a two-month low
against the euro. Government bonds largely benefited from a
global risk aversion."]
Abortionists in South Dakota Now Required to Admit Abortion
Kills a "Whole, Separate, Unique, Living Human Being"
lifesitenews.com
7/4/8 ["The United States Court of
Appeals for the Eighth Circuit, in a 7-4 decision, will allow
South Dakota to begin enforcing a state law that requires
abortion providers to tell women, in writing, that the abortion
procedure "will terminate the life of a whole, separate, unique,
living human being." In Planned Parenthood v. Rounds, the Court
vacated a temporary injunction that had been issued by the trial
court, which had blocked the law from going into effect."]
62,000 jobs lost, off nearly half-million for year
ap.google.com
7/4/8 ["With more job cuts expected
in coming months, there's growing concern that many people will
pull back on their spending later this year when the bracing
effect of the tax rebates fades, dealing a dangerous setback to
the shaky economy."]
Oil price hits yet another record bbc.co.uk
7/4/8 [" The price of oil has
continued to climb with US light, sweet crude reaching a record
closing price and London Brent rising above $146 a barrel."]
Fed auctions $75 billion to ease credit stresses
ap.google.com
7/4/8 ["in loans to squeezed banks
to help them overcome credit problems and announced it will
provide a fresh batch of the loans this month."]
L.A., Miami Home Foreclosure Rates More Than Double
bloomberg.com
7/4/8 ["The company's report focused
on four metropolitan areas, including New York City and Seattle.
New York's foreclosures climbed 49 percent, to include 961
properties with an average lien of $460,970 for a total of $424
million in outstanding debt. Los Angeles had about 15 times as
many foreclosed properties set to be sold. "]
Controversial HPV Vaccine Causing One Death Per Month: FDA
Report lifesitenews.com
7/4/8 ["140 "serious" adverse
reactions, including 27 "life threatening" cases, 10 spontaneous
abortions, and 6 cases of the debilitating Guillain-Barre
Syndrome reported since January 2008"]
US army would find 'third front' hard if Israel attacks Iran
afp.google.com
7/4/8 ["Israel is a key US ally in
the volatile Middle East, with the two countries enjoying
privileged ties, meaning that any conflict between Iran and the
Jewish state would inevitably involve the United States.
But the US Army is already stretched with thousands of troops
committed to fighting insurgencies in Afghanistan and Iraq."]
UK: Jobs blow as haulage firm crashes bbc.co.uk
7/4/8 ["One of Britain's biggest
road hauliers, Leeds-based Macfarlane Transport, has gone into
administration with the loss of about 300 jobs."]
Charities feel drag of gas crisis usatoday.com
7/4/8 [""We're in a bad crisis right
now," says Enid Borden, chief executive of the Meals on Wheels
Association of America. A survey found that 58% of its local
chapters had lost volunteers because of gas prices."]
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