The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see what it was missing.
The Fed didn’t tell anyone which banks were in trouble so deep they required a combined $1.2 trillion on Dec. 5, 2008, their single neediest day. Bankers didn’t mention that they took tens of billions of dollars in emergency loans at the same time they were assuring investors their firms were healthy. And no one calculated until now that banks reaped an estimated $13 billion of income by taking advantage of the Fed’s below-market rates, Bloomberg Markets magazine reports in its January issue.
Secret Fed Loans Gave Banks Undisclosed $13B
Six HIV patients die after church tells them to stop taking meds because they were healed by God
At least six HIV-positive people have died after evangelical churches in Britain reportedly told them to stop taking their medication because they had been healed by God.
Pastors at several churches in England and Scotland told undercover Sky News reporters that they could be healed through an exorcism-like process that involves shouting over the patients and spraying water in their faces.
Medicare's drug coverage gap shrinks
Medicare's prescription coverage gap is getting noticeably smaller and easier to manage this year for millions of older and disabled people with high drug costs.
The "doughnut hole," an anxiety-inducing catch in an otherwise popular benefit, will shrink about 40 percent for those unlucky enough to land in it, according to new Medicare figures provided in response to a request from The Associated Press.
The boys who cry “Holocaust”
The same neocon hawks who lied us into Iraq are using the ultimate argument-stopper to push war with Iran
When hawks begin beating the drums for war in the Middle East, Israel is usually a big reason why. That was true in the run-up to the war in Iraq, and it is doubly true with the current hysteria over Iran. Despite disingenuous claims to the contrary, the only reason the U.S. is even talking about war with Iran is Israel. As the invaluable M.J. Rosenberg, who knows the working of the Israel lobby as only a former card-carrying member can, notes, “It is impossible to find a single politician or journalist advocating war with Iran who is not a neocon or an AIPAC cutout. (They’re often both.)”
Man-Made Super-Flu Could Kill Half Humanity
A virus with the potential to kill up to half the world’s population has been made in a lab. Now academics and bioterrorism experts are arguing over whether to publish the recipe, and whether the research should have been done in the first place.
The virus is an H5N1 bird flu strain which was genetically altered to become much more contagious. It was created by Ron Fouchier of the Erasmus Medical Centre in Rotterdam, the Netherlands, who first presented his work to the public at an influenza conference in Malta in September.
Israel's desert plan would uproot 30,000 Bedouin
Bulldozed by Israel more than two dozen times, a village known by Bedouin Arabs as Al-Arakib is one of many ramshackle desert communities whose names have never appeared on any official map.
If Israel's parliament adopts proposed new legislation, it never will.
The plan to demolish more Bedouin homes in the southern Negev region and move 30,000 people to government-authorized villages connected to power and water lines has been hailed by Prime Minister Benjamin Netanyahu as a "historic opportunity" to improve Bedouin lives.
The shocking truth about the crackdown on Occupy
The violent police assaults across the US are no coincidence. Occupy has touched the third rail of our political class's venality
The National Union of Journalists and the Committee to Protect Journalists issued a Freedom of Information Act request to investigate possible federal involvement with law enforcement practices that appeared to target journalists. The New York Times reported that "New York cops have arrested, punched, whacked, shoved to the ground and tossed a barrier at reporters and photographers" covering protests.
Three Aftershocks Jolt Central Oklahoma Friday
After nearly three days without one, the past two days have been active for earthquakes in central Oklahoma, with three more recorded Friday, including two within 53 seconds of each other.
A 2-point-7 magnitude quake was reported at 2:08 p.m. Friday about nine miles north-northeast of Shawnee. It was followed less than a minute later by a 3-point-3 temblor about eight miles northeast of the first.
UK extremely worried about stolen nukes
Is the UK frantically trying to find out where they were sold on the “Black Market”?
We know something that you don't…… but can't talk about it Under the Nuclear Explosions Act otherwise we will all end up in goal for life.
Chris McGreal of the Guardian newspaper published an article 24th of May 2010 revealing how Israel offered to sell nukes to South Africa during the apartheid era. What he failed to reveal was that Israel struck up a deal with South Africa to move its technicians down to the high-security weapons research and development facilities at Pelindaba.
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