Volcker and Reform Defeated
by Stephen Michael Apatow
I would like to extend a special thanks EducationNews.org [1] for facilitating international peer reviewed discussion of subject matter associated with the global economic crisis.
As noted in the paper “Financial Market Legitimacy Critical for Sustainable Global Recovery” [2], containment of the damage caused by regulatory failures facilitated by the Glass-Steagall repeal and [...]
GDP for the Fourth Quarter of 2009
Statement by Chair of the Council of Economic Advisers Christina Romer on the Advance Estimate of GDP for the Fourth Quarter of 2009
The latest GDP report is the most positive news to date on the economy. The data show that the total output of the U.S. economy increased strongly in the fourth quarter [...]
Indian Tribes Buy Back Land
For hundreds of years, Native American tribes have been trying to deal with U.S. government treaties. Time after time, they have received the short end of the stick. Instead, they have started buying back thousands of acres of land that use to be theirs.
The Winnebago put more than 700 acres in eastern Nebraska [...]
Russia Vs. USA Nuclear Treaty
MR. GIBBS: All right, I’ll just get slightly organized.
Q Russian Foreign Minister Lavrov said not too long ago that a signing on a START I replacement would happen soon, and I’m wondering if you can flesh that out and if that might be something that’s going to be happening in conjunction [...]
Healthcare Concerns
Submitted by Betty, Age 50, Kentucky
I am concerned about the healthcare / medical insurance issue. My husband and I are low income and are the people this so-called bill is supposed to be able to help; however, due to our ages and other circumstances, we are more than likely to be rejected for any [...]
Secret Treaties Gag Free Speech
Operating in secrecy, the USA and other countries conspire to remove free speech protections. Orwell was right. How long before we see “Newspeak” and “Thoughtcrime” ?
Global DMCA
Obama Awarded Nobel Peace Prize?
by Michael S. Steele, Chairman, Republican National Committee
I’m sure you’ve heard the news — Barack Obama has been awarded the Nobel Peace Prize. It’s a stunning, if not truly surprising, indication of just how meaningless a once honorable and respected award has become.
What has President Obama actually accomplished? It is unfortunate that the president’s [...]
Expect Millions Of Foreclosures
Washington, DC — The loan modification that was supposed to offered to homes going into foreclosure does not appear to be working. Michael Barr, assistant Treasury secretary for financial institutions, said, “The recent crisis in the housing sector has devastated families and communities across the country and is at the center of our financial [...]
The Cities On Flame
California has at least five major forest fires that are not under control. The largest is The Station Fire:
Name: Station Fire
County: Los Angeles County
Location: Hwy 2, 1.5 miles north of USFS Angeles Crest Station
Administrative Unit: Angeles National Forest
Status/Notes: 144,743 acres – 38% contained
Date Started: August 26, 2009 3:30 pm
Last update: September 3, 2009 7:00 [...]
Bernanke To Stay On As Fed Chairman
Statement by Chairman Ben S. Bernanke:
Thank you, Mr. President.
I would like to express my gratitude to President Obama for the confidence he has shown in me with this nomination and for his unwavering support for a strong and independent Federal Reserve.
It has been a particular privilege for me to serve with extraordinary colleagues throughout the [...]