FDIC Faces Mortgage Mess
After Running Failed Bank
Subprime Lender
Made Problem Loans
On Regulators' Watch

By MARK MAREMONT
July 21, 2008; Page A1

Federal officials heap much of the blame for the subprime mortgage mess on lenders, claiming they recklessly made too many high-cost home loans to borrowers who couldn't afford them.
[Loan Troubles]

It turns out ( Read more... )

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The Game is Over: an Interview with Michael Hudson on the Economy
How Countrywide Leveraged Washington

The US economy is likely to “stagnate” in the second half of this year, the IMF warned on Friday, as stock markets in the US and Europe fell to their lowest levels since March.

- 21 / 06 / 2008 09:58

The US economy is likely to “stagnate” in ( Read more... )

Finance & Economics

International taxation

America's Berlin Wall

Jun 12th 2008 | HONG KONG
From The Economist print edition

Congress increases the ransom expats must pay to escape the taxman

QUEUES of frustrated foreigners crowd many an American consulate around the world hoping to get into the United States. Less noticed are the heavily taxed ( Read more... )

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'Rice wants March 14 Defense Ministry'

( Read more... )

Related
Another step towards tyrany? McCain believes in politicizing the military to support his views

June 14, 2008

McCain doesn't pick up on Michelle Obama joke

So a man finally got a question into McCain and he had a very different sort of question.

The questioner noted that he had been educated at Princeton and Harvard and made more than $300,000 a ( Read more... )

"US Secretary of State Condoleezza Rice, who voices concern over the 'captivity' of Israeli soldiers, expresses no sympathy over the appalling condition of 11,000 Palestinians subject to psychological and physical torture in Israeli prisons, the cleric argued."

Sat, 14 Jun 2008 12:30:06

Lebanon's top cleric Mohammad Hussein Fadlallah draws a parallel ( Read more... )

McClatchy Washington Bureau

Posted on Fri, Jun. 13, 2008

Maliki raises possibility that Iraq might ask U.S. to leave

Leila Fadel and Mike Tharp | McClatchy Newspaper

last updated: June 13, 2008 08:44:46 PM

BAGHDAD - Iraqi Prime Minister Nouri al Maliki raised the possibility that his country won't sign a status of forces agreement with the United ( Read more... )

Independent.co.uk

By Steve Bloomfield in Nairobi

Friday, 13 June 2008

The British and US governments are complicit in war crimes and crimes against humanity committed by the Ethiopian army in the Ogaden region of the Horn of Africa, a human rights group has claimed.

A report by Human Rights Watch details allegations of rape, torture and public ( Read more... )

Pakistan blames US coalition for troops' death

By RIAZ KHAN, Associated Press Writer1 hour, 11 minutes ago

U.S.-led coalition forces along the volatile Afghan border launched an airstrike that killed 11 Pakistani paramilitary troops, Pakistan's army said Wednesday. The military ( Read more... )

By MEERA SELVA

The Associated Press
Wednesday, May 28, 2008; 1:03 AM

LONDON -- The United States is shirking its duty to provide the world with moral leadership and China is letting its business interests trump human rights concerns in Myanmar and Sudan, a human rights group said Wednesday.

Amnesty International's annual report on the state of the ( Read more... )