News and Information // Current

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2 months ago

Top 10 News Headlines of 2009

Current News' Andrew Fitzgerald presents the top 10 headlines of 2009. Which stories made the list? Was it Balloon Boy or... more

afitzgerald
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Why the AK-47

After sending out my Blog last week that provided you with a Front Sight Citizen Soldier Lifetime Rifle Membership for only $995... more

Ihatethemall
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Soldier's Remains Dumped In Landfill

Records at Arlington National Cemetery suggest that workers found an urn of cremated remains that had been dumped -- presumably... more

Future_America
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How stupid are American voters?

CNN shows some shocking revelations about American voters and just how uninformed American voters are.

Future_America
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Fox News poll claims 120% of public has opinion on global warming (Video)

Fox and Friends showed a Rasmussen poll graphic revealing that a whopping 120 percent of the American public believes scientists... more

Future_America
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Reid: This is Healthcare not Abortion

They want to "replace the public option with national plans that would be offered by private insurers but negotiated by the... more

JonRaymond
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Global Warming Trend Continues, Agency Says

Despite recent fluctuations in global temperature year to year, which fueled claims of global cooling, a sustained global warming... more

Future_America
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Report: Situation for Afghan women may ‘deterioriate’ as war is escalated

The international human rights organization Human Rights Watch (HRW) released a new 96-page report titled “We Have the... more

Future_America
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War costs, while high, are a small part of budget deficits

President Barack Obama insisted last week that as the nation confronts record government debt and pressing economic needs at home,... more

Future_America
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Taxpayers Unwittingly Fund Animal Cruelty

***Go to the link & click on TAKE ACTION to send an email to Philip Boudjouk, Ph.D. (NDSU’s vice president for research)... more

ajrmy
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Dubai debt crisis rocks U.S., Asia markets

Stock markets tumbled in the United States and across Asia on Friday as shocks from the ongoing debt crisis in the Persian Gulf emirate of Dubai continued to reverberate around the globe.

The once high-flying city-state, which has been ruled by the same family since 1833, announced its intention Wednesday to reschedule payment of $3.5 billion in bonds due in mid-December, rattling investors around the world.

The surprise announcement from Dubai began exacting its toll in Asia on Thursday, afflicted European bourses several hours later and battered Asian indexes Friday before clobbering the U.S. stock market, which had been closed for Thanksgiving.

The Dow Jones Industrial Average, after dropping 233 points, finished the day down 154.48 points (1.5 percent), closing at 10,309.92. All 30 components lost value. The broad-based Standard & Poor's 500 stock index lost 19.14 points (1.7 percent), finishing the shortened post-Thanksgiving session at 1091.49. The tech-heavy Nasdaq composite index dropped 37.61 points (1.7 percent) and ended the day at 2138.44.

In Asia, Japan's Nikkei average tumbled 3.2 percent, Hong Kong's Hang Seng index plummeted 4.8 percent, and the Shanghai composite index lost 2.4 percent after dropping 3.6 percent Thursday. European stock markets showed gains Friday after retreating the day before.

Dubai World Group, a holding company owned 100 percent by Dubai, asked its creditors Wednesday for a six-month "standstill" on its obligations due Dec. 14.

One of seven emirates that comprise the United Arab Emirates, Dubai has been suffering from a catastrophic property slump since the world financial crisis deepened last year. Once sky-high property prices for apartments built on land-reclamation projects in the Persian Gulf have already plunged 50 percent, and UBS AG, a Swiss-based bank, estimates prices could plummet another 30 percent.

"I don't see what the big deal is," said Willem Buiter, a London-based economist who advises governments, central banks and private financial institutions. "Dubai has experienced for most of this decade the craziest construction boom seen in the Middle East since the construction of the Great Pyramids. That boom turned to bust - as booms invariably doStock markets tumbled in the United States and across Asia on Friday as shocks from the ongoing debt crisis in the Persian Gulf... more

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2 months ago

Body of trapped Utah spelunker won’t be recovered

SPANISH FORK, Utah — The popular Utah cave where a 26-year-old medical student died earlier in the week will be closed... more

Ihatethemall
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3 months ago

US Soldier describes how Iraq War is a Hoax

The truth from an American Warrior about the Lies we were sold by our government to kill innocent Men, Women and Children.... more

MetalestDragoon
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27 comments

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3 months ago

Obama's slavery czar

His title is a jawbreaker: director of the Office to Monitor and Combat Trafficking in Persons. But Ambassador-at-Large Luis... more

Future_America
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43 comments

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3 months ago

Charities Need Your Help More Than Ever This Thanksgiving

A new report released by the U.S. Department of Agriculture confirms that almost 50 million Americans had a hard time putting food... more

Future_America
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3 months ago

UC Tuition Hike Explained: Corporatization

Bob Samuels, president UCAFT, describes the investment banking aspect of how the UC schools are run on a profit motive and not for... more

JonRaymond
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2 comments

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3 months ago

Anti-Gay And Religious-Motivated Crimes Up In 2008

Reports of hate crimes against gays and religious groups increased sharply in 2008, according to FBI data released Monday.

Overall, the number of reported hate crimes increased about 2 percent. These same figures show a nearly 11 percent increase in hate crimes based on sexual orientation, and a nearly 9 percent increase in hate crimes based on religion.

The largest category, racially motivated hate crimes, fell less than 1 percent.

Joe Solmonese, president of Human Rights Campaign, the nation's largest gay civil rights group, called the numbers unacceptable and said they showed the need for the expanded federal hate crimes law signed last month by President Barack Obama.

Among all categories of hate crimes, roughly a third are vandalism or property damage. About 30 percent involve intimidation of some kind, and another 30 percent were physical attacks.

The FBI does not compare year-to-year trends in hate crimes, saying the number of agencies reporting changes too much. In fact, the bureau cautioned that the increase reported Monday might well be due to more agencies tracking such incidents.

Overall, “the 2008 numbers are up slightly — 7,783 incidents and 9,691 victims” were reported last year. Hate crimes based on sexual orientation had the largest increase — nearly 11 percent. Hate crimes based on religion rose 9 percent and the “largest category, racially-motivated hate crimes, fell less than 1 percent.” A breakdown of the 1,706 victims of sexual-orientation hate crimes:

– 57.5 percent were victims of an offender’s anti-male homosexual bias.
– 27.3 percent were victims because of an anti-homosexual bias.
– 11.6 percent were victims because of an anti-female homosexual bias.
– 2.0 percent were victims because of an anti-heterosexual bias.
– 1.6 percent were victims because of an anti-bisexual bias.

The FBI notes that with the recent passage of the Matthew Shepard and James Byrd, Jr., Hate Crimes Prevention Act, it will now “begin the process of adding the collection of hate crimes motivated by gender and gender identity and incorporating them into our annual report.”Reports of hate crimes against gays and religious groups increased sharply in 2008, according to FBI data released Monday.... more

Future_America
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3 comments

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3 months ago

U.N. Warns Gaza at Risk From Winter Elements

A senior U.N. official said this past week that thousands of Palestinians in Gaza made homeless by Israel’s invasion nine... more

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12 comments

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4 months ago

Watch Your Wallet: Congress is in Session

The President has said that the health care insurance industry is 1/6 of our economy. Which 1/6 would that be? Because 1% of the... more

JonRaymond
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3 months ago

The critical unraveling of US society

You may have missed it in the mainstream news media, but statistical societal indicators are reading red across the board. Before exposing the root causes of this breakdown, let’s look at some vital statistics and facts:

* The inequality of wealth in the United States is soaring to an unprecedented level. The US already had the highest inequality of wealth in the industrialized world prior to the financial crisis. Since the crisis, which has hit the middle class and poor much harder than the top one percent, the gap between the top one percent and the remaining 99% of the US population has grown to a record high.

* As the stock market went over the 10,000 mark and just surged to a 13-month high, the three big banks that took taxpayer money and benefit the most from the government bailout have just set a new global economic record by issuing $30 billion in annual bonuses this year, “up 60 percent from last year.” Bloomberg reported: “Goldman Sachs, the most profitable securities firm in Wall Street history, had a record profit in the first nine months of this year and set aside $16.7 billion for compensation expenses.” Goldman Sachs is on pace for the best year in the firm’s history, they are also benefiting by only paying 1% in taxes.

* The profits of the economic elite are “now underwritten by taxpayers with $23.7 trillion worth of national wealth.”

As the looting is occurring at the top, the US middle class is just beginning to collapse.

* Workers between the age of 55 – 60, who have worked for 20 – 29 years, have lost an average of 25 percent off their 401k. During the same time period, the wealth of the 400 richest Americans went up by $30 billion, bringing their total combined wealth to $1.57 trillion.

* Home foreclosure filings “hit a record high in the third quarter [of 2009]… They were the worst three months of all time… 937,840 homes received a foreclosure letter” in this three month period. “3.4 million homes are expected to enter foreclosure by year’s end, with some experts estimating that next year will be even worse.”

President Obama has enacted a $75 billion taxpayer funded program that has been a spectacular failure in stemming the foreclosure crisis and has proven to be another massive waste of billions of taxpayer dollars.

* 25 Million people are unemployed or underemployed.

This means we have 25 million people who urgently need to increase their income, and they’re quickly running out of options. The unemployment rate is expected to rise further and remain high for several years. “The president’s chief economic adviser warned that the nation’s unemployment rate could stay ‘unacceptably high’ for years to come.”

[More at link] http://pubrecord.org/commentary/6084/critical-unraveling-society/

http://current.com/items/91511835_the-critical-unraveling-of-u-s-society.htmYou may have missed it in the mainstream news media, but statistical societal indicators are reading red across the board. Before... more

SleepDirt
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News and Information 419 items | updated 3 days ago

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All Rights Reserved