Tuesday, Nov 18th
Last update12:46:48 AM GMT
In December 2006, Goldman Sachs embarked on a frantic effort to shed billions of dollars in risky mortgage securities and purchase exotic insurance to protect itself against what it had concluded could be the collapse of America's housing market.
Statistics from a study conducted by the New Zealand Ministry of Health suggest that there are no advantages derived from fluoridation. These statistics actually match similar arguments set forth by the American Dental Association.
The police chief of Arizona's largest city said on Friday the state's controversial new crackdown on illegal immigrants would likely create more problems than it solved for local law enforcement.
The remarks by Phoenix Police Chief Jack Harris came as U.S. Senate Democrats vowed to push ahead with their uphill bid to pass legislation this year overhauling the nation's immigration laws, saying the furor in Arizona has given them a lift despite a lack of support from Republicans.
The Justice Department's decision to subpoena a New York Times reporter this week has convinced some press advocates that President Obama's team is pursuing leaks with the same fervor as the Bush administration.
James Risen, who shared a Pulitzer Prize for disclosing President George W. Bush's domestic surveillance program, has refused to testify about the confidential sources he used for his 2006 book "State of War: The Secret History of the C.I.A. and the Bush Administration."
Fed Chairman Ben Bernanke admitted the central bank created $1.3 trillion out of thin air to buy mortgage backed securities. This shocking admission came from the Joint Economic Committee hearing on Capital Hill last week. I was dumbfounded when I saw Bernanke shake his head in the affirmative as Representative Ron Paul said, “Well, where did you get the money? You created this money. So you did monetize debt, and that went into the banking system.” I was amazed he admitted this. I looked up the original hearing on C-Span to make sure the clip was not edited. It was not.
The only democracy in the Middle East is perhaps unique, but it's doubtful if it's the real thing. Results of a poll published in Haaretz yesterday reflect what has been known for a long time: a combination of ignorance, a basic lack of understanding and a fascist mood. An ill and dangerous wind is blowing toward a government that is threatened with collapse.
AIDS, smoking and obesity are reversing progress made in helping people live longer around the world, with mortality rates worsening over the past 20 years in 37 countries, researchers reported on Thursday.
They found Icelandic men have the lowest risk of premature death, while Cypriot women do. Some rich countries such as the United States and Britain scored relatively poorly, the survey found.
Orange County authorities are launching an investigation into possible voter registration fraud after a local newspaper reported over a hundred cases of voters being tricked into registering as Republicans by petitioners who asked them to sign petitions for, among other causes, legalizing pot.
The stark admission – made by the bank's chairman at the end of a more than nine-hour marathon hearing before the US Senate – came in spite of his assertion that "I think people trust us" as he tried to fend off accusations that Goldman inflated the US housing bubble.
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