Fannie Mae loses $2.3B in quarter as defaults rise

More bad news in the U.S. housing sector -- which is bad news for the U.S. (and other) economies. You have to wonder why Fannie Mae would respond by raising prices for borrowers. Won't this ultimately lead to more defaults? You'd think they would prefer to refinance existing...

McCain, Obama tiptoe across vice presidential minefield

"McCain, Obama tiptoe across vice presidential minefield For both candidates, the goal is the same: Who will help them while angering the fewest people?...

Anthrax investigation should be investigated, congressmen say

As the FBI and the US Justice Department try to close the anthrax investigation, some members of Congress are not so quick to do so. An opinion crossing the aisle holds that the released documents are woefully incomplete, and that errors during the investigation caused it to...

Beijing Aims to Clean Indoor Air Pollution

Washington Post today reveals that Beijing aims to be the GREEN OLYMPICS.   " Beijing’s bad luck with weather and geography compounded the city’s heavy industrial pollution. Olympic organizers are torn...

Hamdan gets 5 1/2 years on terror charge

I was very suprised by the sentence that was given to Hamdan in light of the way other terror suspects have been treated. Hoever, I cannot say that I disagree with the sentence, if he is indeed telling the truth then...

US, Thailand: A conflicted alliance

Recent praise of Tahiland by visiting George W Bush has rvived concern over the Washington suppor of  the military and its political allies in the country's ongoing political conflict over democracy.  ...

ROCKEFELLER Could be WANTED 1980's Murder Suspect, say Detectives

IN a sensational twist to the Rocke-phoney tale, it has been revealed that Boston Detectives are anxious to quiz Clark Rockefeller about a 1980 murder in California, which appears to match his fingers prints...

Bin Laden's driver found guilty in a split verdict

"GUANTANAMO BAY NAVAL BASE, Cuba - A jury of six U.S. military officers convicted Osama bin Laden's former driver of supporting terrorism but cleared him of conspiracy Wednesday in the first war crimes trial at Guantanamo Bay. A...

Anthrax Investigation Implicates Suicide Researcher

Bruce Ivins, the researcher who committed suicide, is implicated in the 2001 anthrax attacks New Jersey. Following a breifing for family members of the victims, the info was made public by the FBI."The Justice Department released hundreds of pages of documents related to the...

I Am Become Death: Atomic Bomb Dropped 8/6/1945

"Am Become Death: Atomic Bomb Dropped 8/6/1945 Posted on 06 August 2008 by Kevin Today in history, on this day August 6, 1945, U.S. bomber, the Enola Gay dropped the first atomic bomb on the city of Hiroshima Japan...

Obama praises Sen. Evan Bayh but not as VP

Senator Barack Obama praised Senator Evan Bayh today 'as one of the finest United States senators that we have' but he avoided any mention of Bayh as his potential vice president. Bayh introduced Barack Obama, so...

Japan marks 1945 Hiroshima atomic bomb

Amidst the race to acquire Nuclear weapon today Japan is paying homage to residents of Hiroshima who died in the first atom bomb attack in the world war  Two. US Army pounded atom bomb on Hiroshima and also...

Pentagon to test unclassified alternative to Talon

The program known as Eguardian is slated to be tested in response to concerns about TALON and personal privacy. TALON, also known as Threat and Local Observation Notice, is maintained by the United States and used to...

Starbucks' afternoon drink deal goes nationwide

"NEW YORK (AP) -- Looking to bring more value-seeking consumers through its doors for a late afternoon caffeine fix, Starbucks Corp. said it will now offer its morning customers any iced grande beverage for $2 after...

S. Koreans fire water cannons at Bush protesters

President Bush didn't exactly get a rock star's welcome when he arrived in Seoul today. Instead, he got a mixed reception involving a large pro-US Christian prayer service, as well as a protest from thousands who...

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