Making the rounds on the Sunday morning talk shows, Treasury Secretary Henry Paulson repeatedly said today's financial problems were long in the making. He should know. He was part of the Gold Rush that has brought the global financial system to the brink of collapse.
Paulson presided over one of the most profitable runs on Wall Street as chairman and chief executive officer of investment banking titan Goldman Sachs & Co. from 1999 until President Bush nominated him on May 30, 2006 to take over the Treasury Department.
Can you trust a Wall Street veteran with a Wall Street bailout?
World's common birds 'declining'
The populations of the world's common birds are declining as a result of continued habitat loss, a global assessment has warned.
The survey by BirdLife International found that 45% of Europe's common birds had seen numbers fall, as had more than 80% of Australia's wading species.
DOJ Says Cheney's Testimony in Valerie Plame Leak Classified
The Department of Justice, in refusing to release Vice President Dick Cheney’s interview transcript with the special prosecutor who investigated the leak of covert CIA operative Valerie Plame Wilson said for the first time last week that contents of Cheney’s interview have been classified.
Iraqi's warmth to Israel exacts a heavy price
First his two sons were murdered. Now he faces prosecution. The reason for Mithal al-Alusi's troubles? Visiting Israel and advocating peace with the Jewish state — something Iraq's leaders refuse to consider.
The Iraqi is at the center of a political storm after his fellow lawmakers voted overwhelmingly to strip him of his immunity and allow his prosecution for visiting Israel — a crime punishable by death under a 1950s-era law. Such a fate is unlikely for al-Alusi, though he may lose his party's sole seat in parliament.
A Disability Epidemic [RIP-OFF] Among a Railroad’s Retirees
Virtually every career employee — as many as 97 percent in one recent year — applies for and gets disability payments soon after retirement, a computer analysis of federal records by The New York Times has found. Since 2000, those records show, about a quarter of a billion dollars in federal disability money has gone to former L.I.R.R. employees, including about 2,000 who retired during that time.
TVNL Comment: This is one of the biggest disability rip-offs ever. See if it gets any air time.
Alaska town opens 'road to nowhere'
Alaska now has a Road to Nowhere going to what would have been the Bridge to Nowhere.
Alaska Gov. Sarah Palin's transportation department has completed a $25 million gravel road leading to the site of a bridge that Palin, as John McCain's vice presidential candidate, now boasts that she stopped, so as to save taxpayers money. The road was built with federal tax dollars.
Ketchikan Mayor Bob Weinstein said the 3.2-mile road will be useful for road races, hunters and possibly future development. But with no bridge to serve it, that's probably about it.
Treasury Seeks Asset-Buying Power Unchecked by Courts
The Bush administration sought unchecked power from Congress to buy $700 billion in bad mortgage investments from financial companies in what would be an unprecedented government intrusion into the markets.
Through his plan, Treasury Secretary Henry Paulson aims to avert a credit freeze that would bring the financial system and the world's largest economy to a standstill. The bill would prevent courts from reviewing actions taken under its authority.
Incredible Documentary Footage of Mass Arrest in St. Paul
Newly released footage, which was buried to avoid confiscation, shows riot cops arresting and abusing a giant group of people for nothing.
Welcome to the final stages of the coup...
In 2000, the long fought for and long admired democracy of the United States of America began a slow and steady decline toward fascism - a Bush family tradition - with the installment of a president - a man the citizens overwhelmingly rejected (although the funny math told a still believed myth) - by a few corrupt judges on the US Supreme Court. That coup is now nearly complete and checkmate is all but unavoidable.
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