14 Jul
Posted by charles as News
Talk about reaching a milestone–the U.S. watch list of those suspected of being terrorists now tops 1 million cases representing some 400,000 people. If there really were 400,000 terrorists in the world, the world would have blown up a long time ago.
This is utter nonsense and the American Civil Liberties Union is correct [...]
The U.S. government’s proposed bailout of Fannie Mae and Freddie Mac, the government sponsored but shareholder owned and run mortgage giants, poses new questions for both Republican John McCain and Democrat Barack Obama.
The government plan, announced Sunday before the U.S. markets opened Monday morning and had a chance to react, could end up costing taxpayers [...]
11 Jul
Posted by charles as Journalism, News, commentary
The storm clouds are gathering and getting nearer.
All but the most myopic among us should clearly see that an economic meltdown of the U.S. financial system of nearly historic proportions has begun.
Foreclosures continue to rise with millions more expected over the next several months.
Home prices continue to fall and it is anticipated that this, too, [...]
09 Jul
Posted by charles as Journalism, News, commentary
The U.S. Senate once again showed that it can’t stand up to Bush–this time by approving a new surveillance bill that, among other things, will block lawsuits against telecommunications companies such as AT&T and Verizon that accuse them of helping to spy on U.S. citizens.
It has already passed the House and Bush is expected to [...]
08 Jul
Posted by charles as News
They’re baaaaaaaaack! The Soviets that is. Or at least the Russians trying their best to sound like those nasty old comrades from the former Soviet Union.
Russia says, “If the real deployment of an American strategic missile defense shield begins close to our borders, then we will be forced to react not with diplomatic methods, but [...]
07 Jul
Posted by charles as Journalism, News, commentary
Guess this is what Barack Obama meant by change–he says he will accept the Democratic party’s presidential nomination at a football stadium in Denver instead of at the convention center where the convention will actually take place.
Obama’s rationale is that more people can fit into Invesco Field (about 75 thousand) than in the 21 thousand seat [...]