Robert Rubin, Alan Greenspan, Lawrence Summers "We didn't truly know the dangers of the market, because it was a dark market," says Brooksley Born, the head of an obscure federal regulatory agency -- the Commodity Futures Trading Commission [CFTC] -- who not only warned of the potential for economic meltdown in the late 1990s, but … Continue reading Frontline: The Warning
Category: Currrent Events
Great Depression Remix
by Robert Morley | From the Nov/Dec 2009 Trumpet Print Edition » The lyrics are different in 2009 than 1929—but it’s still the same song. The 1929 financial crash unfolded in just such a way as to inflict punishment. Every time stock investors thought it was safe to get back in the dance, they just … Continue reading Great Depression Remix
An Imperial Strategy for a New World Order: The Origins of World War III (Part 1)
by Andrew Gavin Marshall | Global Research, October 16, 2009 Introduction In the face of total global economic collapse, the prospects of a massive international war are increasing. Historically, periods of imperial decline and economic crisis are marked by increased international violence and war. The decline of the great European empires was marked by World … Continue reading An Imperial Strategy for a New World Order: The Origins of World War III (Part 1)
“A Gravely Wicked Thing”
By Gary Bauer Being pro-life, I reject the killing of every defenseless, innocent human being. So without any hesitation, I condemn the murder of Dr. George Tiller at his church yesterday morning. As you probably know, George Tiller specialized in performing late-term abortions. I agree with the statement of Dr. Robert George: “Whoever murdered George … Continue reading “A Gravely Wicked Thing”
General Motors Files for Bankruptcy Protection
By U.S. News & World Report With time running out on its June 1st restructuring deadline, GM expected to file for bankruptcy today. ABC World News reported last night it is a "foregone conclusion" that GM "will file for bankruptcy" Monday, "all in an effort to survive." One "estimate of best case scenarios predicts that … Continue reading General Motors Files for Bankruptcy Protection
Groups Urge Obama to Proclaim “Inclusive” Day of Prayer
By Bob Allen | Associated Baptist Press The Interfaith Alliance and Jews on First called on President Obama to proclaim an "inclusive" national day of prayer May 7 instead of endorsing a National Day of Prayer Task Force headed by Shirley Dobson. Critics say the Bush administration tacitly endorsed the National Day of Prayer Task … Continue reading Groups Urge Obama to Proclaim “Inclusive” Day of Prayer
All Violent Crimes are “Hate Crimes”
Family Research Council President Tony Perkins released the following statement after approval by the House Judiciary Committee of a proposed federal "hate crimes" bill, H.R. 1913. This measure would allow the federal government, for the first time ever, to prosecute any violent crime anywhere in the country that "is motivated by prejudice" against a number … Continue reading All Violent Crimes are “Hate Crimes”
DHS Right-Wing Extremism Warning
From U.S. News and World Report: Reports of a warning about "rightwing extremism" issued by the Homeland Security Office of Intelligence and Analysis have been met with denunciations from conservative talk show hosts. Highlighting the reaction of the American Legion, which took issue with suggestions "that some soldiers returning from Iraq and Afghanistan could be … Continue reading DHS Right-Wing Extremism Warning
Bible Use in the U.S.
According to the national Study of Christian Attitudes and Behavior conducted by Christianity Today International and Zondervan in 2006, 95% of all U.S. people who label themselves as Christians have a Bible in their home. Active Christians have an average of six Bibles. 25% of Active Christians bought a new Bible in the past 12 … Continue reading Bible Use in the U.S.
Million, billion, trillion. What’s the difference?
Photo: MashGet, Flickr What’s a trillion dollars? In the past couple of months we’ve heard the number tossed around like we are shopping for used cars. “This ‘02 Windstar is $850 billion, but this ‘06 Fusion is $1.1 trillion.” Here’s some examples from some recent news stories: The federal budget deficit will hit an unparalleled … Continue reading Million, billion, trillion. What’s the difference?