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Keyword: 2008

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  • As Europe Closes, Top German Bank Chief Warns: Banking Situation Is "More Dramatic" Than In 2008

    09/05/2011 9:09:52 AM PDT · by blam · 9 replies
    TBI ^ | 9-5-2011 | Joe Weisenthal
    As Europe Closes, Top German Bank Chief Warns: Banking Situation Is "More Dramatic" Than In 2008 Joe Weisenthal Sep. 5, 2011, 11:56 AMRight at 11:30 AM (ET) when Europe closed, an ominous headline came out. RTRS-GERMAN DEVELOPMENT BANK KFW CHIEF SCHROEDER- SITUATION OF BANKING INDUSTRY IS "MUCH MORE DRAMATIC THAN IN 2008 We haven't seen more context yet. That's from FT Alphaville's Neil Hume. Needless to say, the funding situation in Europe is very bad. Along the same themes, earlier FT's Tracy Alloway published chart from Deutsche Bank, showing that through 2011, there's been no net new issuance of bank...
  • Timeline shows Bush McCain Warning Dems of financial and housing crisis; meltdown - YouTube

    09/04/2011 10:24:05 AM PDT · by Sons of Union Vets · 163 replies · 1+ views
    Fox News ^ | Sept. 24, 2008 | Fox news
    From Fox News Channel Wednesday, September 24, 2008 Special Report With Brit Hume
  • 25 Signs That The Financial World Is About To Hit The Big Red Panic Button

    08/30/2011 10:09:59 PM PDT · by blam · 50 replies
    TEC ^ | 8-30-2011
    25 Signs That The Financial World Is About To Hit The Big Red Panic ButtonAugust 30, 2011 Most of the worst financial panics in history have happened in the fall. Just recall what happened in 1929, 1987 and 2008. Well, September 2011 is about to begin and there are all kinds of signs that the financial world is about to hit the big red panic button. Wave after wave of bad economic news has come out of the United States recently, and Europe is embroiled in an absolutely unprecedented debt crisis. At this point there is a very real possibility...
  • Richfield man among 6 accused of illegal voting in Duluth, Iron Range

    08/18/2011 8:39:09 AM PDT · by WOBBLY BOB · 11 replies · 1+ views
    duluth news tribune ^ | 8-18-11 | Mark Stodghill
    Six people have recently been charged in St. Louis County with a felony crime that is rarely seen on a Northeastern Minnesota court docket: "Voting while ineligible." It's a felony punishable by a maximum sentence of five years in prison and a $10,000 fine, but a conviction most likely will result in a probationary sentence. Under Minnesota law, a person is ineligible to vote if their civil rights had not been restored after being convicted of treason, or any felony, or while under a guardianship in which a court order revoked the ward's right to vote, or if found by...
  • The lesson of 2008

    08/16/2011 3:16:39 PM PDT · by Quicksilver · 41 replies
    August 16, 2011 | Quicksilver
    The lesson of 2008 was that when we are divided we lose. Any of the 2008 GOP candidates were vastly preferable to Obamanation, especially given that Pelosi and Reid controlled Congress. When liberals have unchecked power an epic amount of damage can be (and was) done. It was (and still is) imperative that Obama be defeated. You never win by losing. My most preferred 2008 candidate was Fred Thompson. Sadly, for whatever reasons, Fred never got traction. It was clear to me that it would come down to either Romney or McCain; I felt that Rudy Giuliani and Mike Huckabee...
  • “The Sequel”: How 2011 Is A Repeat of 2008—Only Bigger, Longer, and Uncut by Bailouts

    08/15/2011 2:28:21 PM PDT · by SeekAndFind · 4 replies
    Zero Hedge ^ | 08/15/2011 | Gonzalo Lira
    I might have missed it, but I don’t think anyone has noticed this simple truism: The structural causes that led to the Global Financial Crisis of 2008 are identical to the structural causes that are leading us to another systemic financial crisis in 2011. The only difference is the kind of debt at the core of the looming crisis: Mortgage-backed securities in 2008, as opposed to European sovereign debt in 2011. And of course, the debt hole in 2011 is bigger than in 2008—a lot bigger. That’s why I am confident in predicting we are about to have another Global...
  • Wake County Voters Arrested For Voting Twice In 2008 (some typical RAT fraud in Raleigh)

    08/11/2011 10:06:32 PM PDT · by Libloather · 14 replies · 1+ views
    WITN ^ | 8/11/11
    Wake County Voters Arrested For Voting Twice In 2008Three Raleigh residents apparently thought casting one ballot in 2008 wasn't enough. Posted: 9:16 PM Aug 11, 2011 **SNIP** Authorities said Kierra Fontae Leache, Shelia Romona Hodges and Brandon Earl McLean each cast early ballots in the 2008 presidential election, then voted again on Election Day. They are charged with voter fraud and are free on $10,000 bond apiece. Wake County District Attorney Colon Willoughby said six more arrests are pending. Republicans leapt on news of the arrests Thursday to bolster support for a GOP-backed bill to require voters to show photo...
  • Nevada Judge Calls ACORN 'Reprehensible,' Slaps Group With Maximum Fine for Voter Fraud

    08/10/2011 10:37:41 PM PDT · by Hunton Peck · 26 replies
    FoxNews.com ^ | August 10, 2011 | Eric Shawn
    A Nevada judge on Wednesday gave ACORN, the defunct grass-roots community organization, the maximum fine for its illegal voter-registration scheme in that state. District Court Judge Donald Mosley was blunt and unsparing in his criticism of the discredited activist group. Citing the long history of voter registration fraud allegations that engulfed ACORN across the country, he slapped the group with a $5,000 fine for violating Nevada election law during the 2008 presidential election. Mosley, reading the pre-sentence report, listed a series of voter registration fraud allegations against ACORN workers. He said that if the claims have been true, then "It...
  • Obama tells donors, "Remember 2008!?"

    07/01/2011 7:37:16 AM PDT · by erod · 30 replies
    My Way ^ | Jul 1, 1:08 AM | BETH FOUHY and KEN THOMAS
    Obama seemed to acknowledge the dampened expectations Thursday during a fundraiser in Philadelphia, telling campaign donors that he knew there would be setbacks in governing, just like he faced setbacks during his campaign in 2008. But he appealed to supporters to show the same vigor they did more than two years ago to send him to victory. "I understand that sometimes generating the same energy is difficult," he said at an event later. "We've gone through two years of very difficult work." He then added, with a chuckle: "My hair is grayer. I'm not as young and vibrant as I...
  • Obama urges supporters to regain 2008 energy

    06/30/2011 10:58:14 PM PDT · by Hunton Peck · 28 replies
    Associated Press ^ | Friday, July 1, 2011 1:08 AM EDT | BETH FOUHY and KEN THOMAS
    PHILADEPHIA (AP) — Even as President Barack Obama's re-election effort is powering toward an impressive early fundraising haul, campaign officials are trying to reassure donors who have concerns about a range of policy decisions and pace of change during Obama's first term. Some top donors and even members of Obama's campaign team say that to replicate the success of 2008, the president and his advisers must reassure the fundraising community on a number of issues, from regulations on Wall Street to the Middle East peace process to the president's refusal to endorse gay marriage. "It's not unfair to say the...
  • The Troubling Election of Barack Obama ZOT 2 of 2

    06/15/2011 9:59:30 PM PDT · by BeAFlyOnTheWall · 99 replies
    No Such Thing As An Opinion. Can YOU Outsmart Me? ^ | January 7, 2011 | NoSuchThingAsAnOpinion
    In this series of articles, I will refer to Barack Obama as Barry Soetoro. You may be wondering why I've chosen to reference the name Barry Soetoro and not Barack Obama.  Simple.  I found more credible evidence (ie. actual documentation) that references the name Barry Soetoro rather than Barack Obama. Yes, really! Now, how did this bizarre situation occur? How could there be so little existing evidence in support of such basic, non-controversial information: one's legal name? Well, Soetoro has covered up the evidence!  So we simply don't know what his legal name is! On January 21, 2009, amid the...
  • Nixon and today's progressive GOP (RINOs talk like conservatives, govern like Socialists)

    06/04/2011 11:15:14 AM PDT · by rabscuttle385 · 18 replies · 1+ views
    World Net Daily ^ | 2011-06-04 | Ellis Washington
    Despite the past two and a half years America has been run by a president who is in every respect a socialist with communist tendencies, the pathetic GOP cannot effectively mount a first-tier candidate to seriously challenge this diminutive Marxist professor. Why? Because for 40 years the GOP has used the rhetoric of conservative Ronald Reagan, but the tactics, strategies and policies of RINO Richard Nixon. Indeed, Reagan is lionized by today's GOP and has been for 30 years since his two successful presidential terms (1981-89), yet it reminds me of the words of Christ rebuking the hypocritical and power-hungry...
  • New Jersey Gov. Chris Christie pulls out of greenhouse gas effort

    05/26/2011 7:04:46 PM PDT · by markomalley · 12 replies
    WaPo ^ | 5/27/11
    New Jersey Gov. Chris Christie (R) announced Thursday that he would pull out of a regional climate pact by the end of the year, delivering a political setback to the fledging effort to curb greenhouse gas emissions linked to global warming. In a news conference, Christie said the Regional Greenhouse Gas Initiative (RGGI), a 2005 accord in which 10 states agreed to cut greenhouse gas emissions from power plants 10 percent by 2018, would not be able to meet its goals. The program requires plants in the region that burn fossil fuels to buy pollution allowances for the carbon they...
  • Shades of 2008: A Greek Default Won’t Be ‘Contained’, John Mauldin Says

    05/24/2011 2:36:28 PM PDT · by blam · 7 replies
    The Market Ticker ^ | 5-24-2011 | Aaron Task/John Mauldin
    Shades of 2008: A Greek Default Won’t Be ‘Contained’, John Mauldin Says By Aaron Task Daily TickerMay 24, 2011(Click to the site to see a video) Financial markets shuddered Monday as fears over Europe's sovereign debt crisis resurfaced yet again. Still, the Dow closed off its worst levels of the session amid the conventional view that Greece's debt crisis can be managed. But Endgame author John Mauldin says Greece won't be any more "contained" than subprime mortgages were in 2008. "It's not something that stops at the European waters," Mauldin says. "Just like the subprime crisis didn't stop in California…I'm...
  • Obama drops climate change talk as green movement fizzles

    04/28/2011 2:06:19 PM PDT · by Ernest_at_the_Beach · 34 replies
    Baltimore Sun ^ | 1:21 p.m. EDT, April 27, 2011 | By Jonah Goldberg
    The public is increasingly skeptical of global warming and far more worried about the economy than the environmentWhat the heck went wrong?" That, apparently, is the question roiling the environmental community as it realizes that the fight against climate change has fizzled. As Brad Plumer writes in the New Republic, everything was looking great in 2008 for a sweeping effort to make good on candidate Barack Obama's pledge to start turning back the rising oceans. The Democrats held Congress. Both John McCain and Mr. Obama had promised to push for capping carbon emissions. Corporations had gotten on board. Al Gore...
  • Hezbollah terror attack on Israelis abroad ‘is imminent’

    04/21/2011 5:31:02 PM PDT · by Free ThinkerNY · 22 replies
    Jerusalem Post ^ | April 21, 2011 | YAAKOV LAPPIN
    Cell seeks to avenge assassination of Imad Mughniyeh; attack could target Israelis in immediate future, security sources warn; Talal Hamia named as Hezbollah commander charged with carrying out strike. Hezbollah is planning a terrorist attack against Israelis abroad within days, security sources warned on Thursday night. The warning of the imminent attack did not mention specific locations. It was issued as many Israelis were abroad for the weeklong Pessah holiday. Security is being stepped up at potential Jewish and Israeli targets overseas, the sources said. They named Hezbollah operative Talal Hamia as the commander of a small but well-organized overseas...
  • Obama 2008 campaign under scrutiny

    04/18/2011 7:47:21 AM PDT · by Phlap · 25 replies
    CNN ^ | 04/16/2011 | Rebecca Stewart
    No one is immune from an audit, including President Barack Obama. The Federal Election Commission has begun an audit of Obama’s 2008 presidential campaign, according to Roll Call newspaper. The campaign, a record-breaking fund-raising machine that brought in nearly $750 million for then-candidate Obama, attributed most of its contributions to small-dollar donors. But the size of the haul almost guaranteed an audit would eventually occur.
  • Kmiec Comes Home: Ambassador Resigns Position in the Obama Administration

    04/17/2011 5:52:39 PM PDT · by tcg · 23 replies
    Catholic Online ^ | 4/17/2011 | Deacon Keith Fournier
    Readers of Catholic Online recall the series of back and forth disagreements which flowed between now Ambassador Doug Kmiec and I during the last Presidential campaign. Doug is a friend, albeit one with whom I held a very serious disagreement. His quickly written book released during the last Presidential campaign was entitled "Can a Catholic Support Him?" and subtitled "Asking the Big Question about Barrack Obama". It made a serious impact on the last Presidential election. In the forward to the book he was kind enough to acknowledge me with these words "Deacon Keith Fournier's writing and editing of Catholic...
  • Trump lashes out at George W. Bush and Obama

    04/16/2011 7:51:11 AM PDT · by Sub-Driver · 94 replies
    Trump lashes out at George W. Bush and Obama By: CNN Political Producer Shannon Travis Palm Beach, Florida (CNN) – Donald Trump has more harsh criticism for one of the most recognizable men in the world: George W. Bush. In a display of bipartisan bashing, Trump lashed out at the nation's 43rd president as he criticized the 44th. "George Bush gave us Barack Obama. If it weren't for George Bush, we wouldn't have Barack Obama," Trump said on Friday. "So I'm not thrilled with George Bush." The billionaire real estate mogul made the comments at his famed Palm Beach estate...
  • Obama and the Ghost of '68

    03/27/2011 6:27:41 AM PDT · by Kaslin · 29 replies
    Townhall.com ^ | March 27, 2011 | Steve Chapman
    In 2008, Democratic voters had their pick of many candidates for president -- from Hillary Clinton to John Edwards to Joe Biden. Why did they choose Barack Obama? After all, he had less experience in office than many of his rivals. He was not as well-known. He had the potential electoral liability of being black. No one knew if he was tough enough to stand up to Republican assaults in a nasty campaign. So what accounts for his success? More than any other reason, he won because he had opposed the invasion of Iraq -- which Clinton and others had...
  • Palin: I could have brought change in '08

    03/20/2011 9:21:53 PM PDT · by Libloather · 163 replies
    The Hill ^ | 3/19/11 | Jordan Fabian
    Palin: I could have brought change in '08By Jordan Fabian - 03/19/11 12:52 PM ET Republicans would have been more successful in the 2008 presidential elections if she was at the top of the ticket, former Alaska Gov. Sarah Palin suggested Saturday. Speaking at the India Today Conclave in New Delhi, Palin was asked why the GOP ticket did not defeat then-Sen. Barack Obama (D). Palin said that Obama ran a strong campaign and effectively billed himself as a change candidate. Pressed by India Today editor Aroon Purie that she also represented change, Palin replied, "I wasn't at the top...
  • Sarah Palin Suggests Things Might Have Been Better For GOP Had She Been On Top Of Ticket In ‘08

    03/20/2011 7:05:46 AM PDT · by Ira_Louvin · 96 replies
    Former Alaska Governor Sarah Palin suggested Republicans would have fared better in 2008 had she, not John McCain, been the messenger of change for the GOP. “I wasn’t at the top of the ticket, remember?” Speaking at the India Today Conclave in New Delhi, Palin was asked why Republicans were unable to defeat Barack Obama in 2008. Palin told Aroon Purie, editor of India Today that Obama was able to cast himself as the change candidate, and that things might have gone differently had she been the GOP’s presidential candidate. Palin did not suggest that she should have been the...
  • Harvard for Tyrants - How Muammar al-Qaddafi taught a generation of bad guys

    03/10/2011 2:25:36 PM PST · by Tailgunner Joe · 1 replies
    foreignpolicy.com ^ | MARCH 4, 2011 | DOUGLAS FARAH
    Col. Muammar al-Qaddafi is well known now for the abuses he has inflicted on his own people during more than four decades of brutal rule in Libya, but few remember the vast campaign of carnage and terrorism he orchestrated across West Africa and Europe when he was at the height of his powers. Nor are his more recent alliance with Hugo Chávez of Venezuela and his long-standing relationship with Daniel Ortega of Nicaragua -- both of whom are busy trampling their constitutions and moving toward dictatorship -- well understood. And the fact that all three governments support the Revolutionary Armed...
  • Kanjorski and the Money Market Funds: The Facts

    07/09/2010 8:57:10 AM PDT · by Toddsterpatriot · 15 replies
    Seeking Alpha ^ | February 12, 2009 | Felix Salmon
    With the Kanjorski Meme still spreading (see Ben Smith, Andrew Leonard, Moldbug, and more), I think I'm finally able to squash it with some hard figures: there never was a $500 billion outflow from any asset class in the space of a couple of hours or even weeks, and the Fed never shut down or froze any money-market accounts. This is not the first time that Kanjorski has made these allegations. But first, it's worth going through the timeline. On September 15, Lehman Brothers failed. The Reserve fund -- which was $64 billion that morning, and which had a substantial...
  • Did China or Jihadists try to bankrupt America?

    03/01/2011 3:12:04 PM PST · by Niuhuru · 71 replies
    Daily Mail ^ | Last updated at 10:16 PM on 1st March 2011 | Daily Mail Reporter
    Full Title: "Did China or Jihadists try to bankrupt America? Pentagon report reveals financial terrorists may have triggered economic crash" Terrorists and other 'financial enemies' were likely responsible for the near collapse of the U.S. financial system in 2008, a new Pentagon report has concluded. The 2009 report, Economic Warfare: Risks and Responses, said financial terrorism by Jihadists or countries such as China may have cost the global economy $50 trillion in a series of co-ordinated strikes against the U.S. economy. In an astonishing conclusion, the report claims two unidentified traders deliberately devalued trillions of dollars' worth of stocks at...
  • Financial Terrorism Suspected in 2008 Economic Crash Pentagon study sees element

    03/01/2011 7:32:45 PM PST · by khnyny · 51 replies
    The Washington Times ^ | February 28, 2011 | Bill Gertz
    Evidence outlined in a Pentagon contractor report suggests that financial subversion carried out by unknown parties, such as terrorists or hostile nations, contributed to the 2008 economic crash by covertly using vulnerabilities in the U.S. financial system. The unclassified 2009 report “Economic Warfare: Risks and Responses” by financial analyst Kevin D. Freeman, a copy of which was obtained by The Washington Times, states that “a three-phased attack was planned and is in the process against the United States economy.” While economic analysts and a final report from the federal government's Financial Crisis Inquiry Commission blame the crash on such economic...
  • Why nobody went to jail. The truth of the 2008 financial collapse

    03/01/2011 7:18:05 AM PST · by SeekAndFind · 22 replies
    New York Post ^ | 03/01/2011 | Charles Gasparino
    'Not a single financial executive has gone to jail, and that's wrong," bellowed Charles Ferguson at Sunday night's Academy Awards. Is it really? Consider the source: "Inside Job," Ferguson's Oscar-winning documentary on the financial collapse of 2008, proudly features Eliot Spitzer -- who, as New York's attorney general, went on a tear against the big brokerages and their executives over various alleged crimes. In the film, Spitzer discusses how he uncovered various misdeeds, and claims the feds could have used their investigative powers to bring the bad guys to justice before it all blew up. But why didn't Spitzer do...
  • Al-Qaida figure believed killed in US drone strike

    02/21/2011 12:35:58 PM PST · by MissesBush · 20 replies
    Yahoo News ^ | 02/21/11 | ISHTIAQ MAHSUD
    DERA ISMAIL KHAN, Pakistan – An Iraqi al-Qaida operative was believed to be one of 15 militants killed in two U.S. missile strikes in Pakistan's tribal belt along the Afghan border Monday, Pakistani intelligence officials said. The officials said the man, identified as Abu Zaid al-Iraqi, handled the terrorist group's finances in Pakistan. He was not known to be on any published U.S. lists of wanted al-Qaida leaders, and U.S. officials do not normally acknowledge the existence of the CIA-led missile program or talk about who is being killed. The two strikes, coming roughly 24 hours apart, were the first...
  • Issa demands details on Countrywide's VIP loan program (Friends of Angelo)

    02/16/2011 6:46:41 PM PST · by Libloather · 21 replies
    The Hill ^ | 2/16/11 | Peter Schroeder
    Issa demands details on Countrywide's VIP loan programBy Peter Schroeder - 02/16/11 06:31 PM ET Bank of America will have to turn over all documents and records tied to Countrywide Financial's VIP lending program after House Oversight Committee Chairman Darrell Issa (R-Calif.) issued a subpoena for them Wednesday. Issa announced the far-reaching subpoena, his first as chairman of the panel, and made clear that he wanted to know specifically what public employees or elected officials may have benefited from the program. Issa is looking for all documents about the program, and is particularly interested in what "covered borrowers" were involved...
  • Che Guevara Ordered His Father's Death, So Gustavo Villoldo Promised Payback

    08/05/2009 3:30:39 AM PDT · by BGHater · 20 replies · 2,191+ views
    Broward-Palm Beach ^ | 04 Aug 2009 | Tim Elfrink
    Ernesto "Che" Guevara's famous beret is gone. His iconic beard is filthy and matted against skeletal cheekbones. One bushy eyebrow arches over his half-open eyes. As a Bolivian country surgeon methodically saws off his lifeless hands, Che appears vaguely amused. Gustavo Villoldo, a stocky figure in green army fatigues, stands just inside the tiny laundry room where the Cuban revolutionary's corpse rests atop a sink. For five months, the CIA operative has led soldiers hunting Guevara through the rough crags and valleys of southern Bolivia. Less than 24 hours ago, his team had captured and executed him in a village...
  • Cairo worries as IAEA probes enriched uranium find (Egypt's Secret Nuclear Weapons Program)

    11/14/2010 10:35:42 AM PST · by mojito · 2 replies
    Jerusalem Post ^ | 11/13/2010 | Unattributed
    VIENNA — Egypt fears being grouped with the likes of Iran and Syria if a UN investigation into traces of highly enriched uranium found in the country isn't brought to a swift end, according to what officials describe as a confidential report from the country's nuclear agency. The particles — enriched close to the levels required to arm nuclear missiles — have been under investigation since being detected by the International Atomic Energy Agency in 2007 and 2008. Egypt, a US ally in the Middle East, has said the particles originated from abroad and were inadvertently imported, but the agency...
  • Rezko gave Gutierrez a deal on town house (Gutierrez, IL Dem Rep)

    11/14/2010 8:06:03 PM PST · by STARWISE · 11 replies
    Chicago Sun Times ^ | 11-8-10 | Natasha Korecki
    Congressman told FBI he asked for -- and got -- free home upgrades ### Convicted political fixer Tony Rezko gave U.S. Rep. Luis Gutierrez free upgrades on a riverfront town house after the congressman asked for them, Gutierrez told the FBI, the Chicago Sun-Times has learned. Gutierrez's comments to federal agents in a previously undisclosed 2008 interview contradict what the congressman told the Sun-Times in 2006 about the purchase. "I walked in with my wife -- as any other consumer could have -- and purchased the unit at the listed price, with no considerations," the Northwest Side congressman said then,...
  • Blagojevich Wants 'Missing' Phone Calls Recovered

    02/08/2011 8:48:58 AM PST · by safetysign · 28 replies
    NBC Chicago ^ | 02/08/2011 | Phil Rogers
    Attorneys for former governor Rod Blagojevich have asked a federal judge to order prosecutors to produce two phone calls his lawyers say are mysteriously missing from evidence. In a motion filed overnight, Blagojevich's attorneys say the calls would support the former governor's contention that he is innocent of charges alleging he attempted to sell Barack Obama's U.S. Senate seat after the November 2008 election. While much of the motion is blacked out to comply with orders that the conversations remain under seal, it appears at least one of the alleged conversations was between then Chief of Staff John Harris and...
  • Obama, Code Pink and Egypt: 'There Are No Coincidences in Politics' (as seen on Glenn Beck)

    02/03/2011 3:42:54 PM PST · by kristinn · 75 replies
    Big Peace ^ | Thursday, February 3, 2011 | Kristinn Taylor and Andrea Shea King
    As the cliche goes, there are no coincidences in politics. Obama fundraiser group Code Pink just happened to have arrived in Cairo last week for the group’s ninth visit there in two years as part of its campaign to undermine the Mubarak government and help Hamas, the terrorist group that controls Gaza. Code Pink and the media are trying to portray the leftist group's 'sudden' appearance in Cairo Wednesday as an act of courageous support for a democratic revolution. Nothing could be further from the truth.Code Pink protests the Mubarak government in Tahrir Square, Cairo, Egypt. February 2, 2011. Code...
  • Financial Meltdown Was ‘Avoidable,' Inquiry Concludes

    01/25/2011 10:38:06 PM PST · by CutePuppy · 14 replies
    CNBC / NYTimes ^ | January 25, 2011 | Sewell Chan
    The 2008 financial crisis was an “avoidable” disaster caused by widespread failures in government regulation, corporate mismanagement and heedless risk-taking by Wall Street, according to the conclusions of a Congressional inquiry. The government commission that investigated the financial crisis casts a wide net of blame, faulting two administrations, the Federal Reserve and other regulators for permitting a calamitous concoction: shoddy mortgage lending, the excessive packaging and sale of loans to investors, and risky bets on securities backed by the loans. < snip > ..... Many of the findings have been widely described, but its synthesis of interviews, documents and testimony,...
  • In 2008, Sen. Obama offered his own response to Bush's State of the Union

    01/25/2011 2:32:45 PM PST · by Nachum · 4 replies
    Los Angeles Times ^ | 1/25/11 | Michael A. Memoli
    WASHINGTON – Speaking about the State of the Union, Barack Obama slams the notion of extending tax breaks for millionaires, rails against the war in Iraq and speaks of a time when one party would not sit on its hands while another across the aisle stood and applauded the president.Obama was then a United States senator, speaking in a video response to President Bush's final State of the Union address that was sent to supporters just days after Obama won the South Carolina Democratic primary, and while he was preparing for 22 primaries and caucuses on Super Tuesday.
  • 'Israel tested Stuxnet virus on Dimona plant'

    01/15/2011 9:55:37 PM PST · by americanophile · 54 replies
    Jerusalem Post ^ | 1/16/2011 | staff
    Report: Israel used centrifuges identical to those in Iran to test out worm that set Teheran's nuclear program years back; virus was authorized by Bush administration, rather than allow an Israeli attack. Israel tested the Stuxnet virus in Dimona, according to a Sunday report by The New York Times. Israel reportedly has centrifuges that are identical to those at the Iranian nuclear site in Natanz, which were used to test the Stuxnet computer worm. In 2008, the Times reported, German company Siemens cooperated with the Idaho National Laboratory, allowing it to identify problems in the comany's computer controllers, which are...
  • Donald Trump: "I Trust Sarah Palin to handle the economy"

    01/03/2011 8:54:02 PM PST · by GlockThe Vote · 79 replies
    Youtube ^ | Donald Trump
    http://www.youtube.com/watch?v=QeApP0G7e_I Clear as Day. Trump is a huge Palin fan.
  • CIA Pulls Its Chief From Pakistan

    12/18/2010 4:05:59 AM PST · by deks · 30 replies
    Radio Free Europe - Radio Liberty ^ | December 18, 2010 | Claire Bigg
    The CIA has recalled it top officer from Pakistan after his cover was blown and his life threatened. The alleged name of the CIA's station chief in Islamabad was revealed by a Pakistani man, Kareem Khan, who has threatened to sue the intelligence agency over the death of his son and brother in a U.S. missile strike. Khan and his lawyers told a news conference in November that they would seek a $500 million payment for his family members' deaths and warned they may sue CIA director Leon Panetta, U.S. Defense Secretary Robert Gates, and the man they identified as...
  • Leaked cables show US, UK quarrel on spy flights

    12/04/2010 5:48:18 PM PST · by ErnstStavroBlofeld · 4 replies
    Washington Post ^ | 12/4/2010 | Sylvia Hui
    British officials complained to U.S. diplomats about secret American spy flights using foreign U.K. airbases, fearing that the data collected during those missions could implicate their country in potential human rights violations, according to secret diplomatic memos released by WikiLeaks. The British officials demanded from American diplomats that all such flights in the future be cleared by London, according to the cables sent by U.S. Embassy in London in 2008, and which were released by WikiLeaks on Wednesday. American officials dismissed the British concerns and demands as burdensome and obstructive to counterterrorism efforts, the cables showed.
  • CAMP OBAMA: Dean Lays Out the Creepy Saul Alinsky Ties That Got Obama Elected

    12/03/2010 5:38:41 AM PST · by Pacothecat · 19 replies · 4+ views
    CAMP OBAMA: Dean Lays Out the Creepy Saul Alinsky Ties That Got Obama Elected http://www.theblaze.com/stories/camp-obama-dean-lays-out-the-creepy-saul-alinsky-ties-that-got-obama-elected/
  • Franken Gets Bump From 171 Found Ballots (2008 flashback)

    A newly discovered group of ballots is giving a slight boost to Democrat Al Franken's chances in the disputed Minnesota Senate race, but it still isn't enough to undo the incumbent's persistent lead. Ramsey County officials found the 171 ballots yesterday, just as they were wrapping up their recount. After the votes were tallied, Franken gained 37 votes on incumbent Sen. Norm Coleman's lead. Through yesterday, Coleman's margin was 303 votes. However, the numbers can still shift as the last counties wrap up their work this week.
  • Barack Obama Lays Plans to Deaden Expectation After Election Victory (2008: Bait N' Switch)

    10/28/2010 1:01:36 AM PDT · by AmericanInTokyo · 17 replies
    The Sunday Times (UK), Archives (2008) ^ | 31 October 2008 | Tim Reid, Washington Correspondent
    "Barack Obama’s senior advisers have drawn up plans to lower expectations for his presidency if he wins next week’s election, amid concerns that many of his euphoric supporters are harbouring unrealistic hopes of what he can achieve. The sudden financial crisis and the prospect of a deep and painful recession have increased the urgency inside the Obama team to bring people down to earth, after a campaign in which his soaring rhetoric and promises of "hope" and "change" are now confronted with the reality of a stricken economy...."(snip)
  • Poll: Many Obama 2008 supporters defecting to GOP

    10/17/2010 2:52:52 AM PDT · by South40 · 31 replies
    YahooNews (AP) ^ | 10/16/2010 | LIZ SIDOTI
    WASHINGTON – President Barack Obama's winning coalition from 2008 has crumbled and his core backers are dispirited. It's now Republicans who stand to benefit from an electorate that's again craving change. Nearly two years after putting Obama in the White House, one-quarter of those who voted for the Democrat are defecting to the GOP or considering voting against the party in power this fall. Just half of them say they definitely will show up Nov. 2, according to an Associated Press-Knowledge Networks poll released two weeks before Obama's first midterm elections.
  • (Sen) Obama Tried to Stall GI's Iraq Withdrawal Unlawfully using "foreigners" to sway an election.

    10/12/2010 6:27:43 AM PDT · by atc23 · 13 replies
    New York Post ^ | Sept. 15 2008 | Amir Taheri
    WHILE campaigning in public for a speedy withdrawal of US troops from Iraq, Sen. Barack Obama has tried in private to persuade Iraqi leaders to delay an agreement on a draw-down of the American military presence. According to Iraqi Foreign Minister Hoshyar Zebari, Obama made his demand for delay a key theme of his discussions with Iraqi leaders in Baghdad in July."He asked why we were not prepared to delay an agreement until after the US elections and the formation of a new administration in Washington," Zebari said in an interview. Obama insisted that Congress should be involved in negotiations...
  • Black Panthers: King Samir Says Whites Use Black Babies As ‘Alligator Bait,’ Laments FOX

    09/29/2010 8:46:31 AM PDT · by blog.Eyeblast.tv · 46 replies
    Well, it looks like the New Black Panther Party is finally back in the news once again. A couple of months ago, as many of you will remember, Attorney General Eric Holder dropped the voter intimidation case against the Philadelphia chapter after they were caught on video carrying batons at a polling station in ’08, which led to a firestorm of videos being released against the group. Now, a new video has surfaced showing King Samir saying that whites use black babies as ‘alligator bait’, while lambasting Fox News for the coverage after it was found the case was dropped....
  • Christine O'Donnell criticized by former aides

    09/17/2010 8:52:26 AM PDT · by truthandlife · 183 replies
    Politico ^ | 9/17/10 | DAVID CATANESE
    By pulling off arguably the biggest upset of the primary election season Tuesday, Christine O'Donnell shocked the Republican establishment and political pundits who didn’t think her campaign for the Delaware GOP Senate nomination had a chance. But none were more surprised then the staffers who worked for O’Donnell in 2008, when she made the second of two prior unsuccessful bids for the Senate. Continue Reading Text Size * - * + * reset Listen to this article. Powered by Odiogo.com Listen VIDEO: O'Donnell on media Latest on POLITICO * Dean: 'I actually approve' of tea party * Pelosi keeps losing...
  • Was the 2008 Panic Preventable? (What if the Government had saved Lehman?)

    09/13/2010 6:43:04 AM PDT · by SeekAndFind · 13 replies
    Wahsington Post ^ | 09/14/2010 | Robert Samuelson
    It's been two years since Lehman Brothers failed (Sept. 15, 2008), and we still can't conclusively answer this question: What if the government had saved Lehman? Its bankruptcy was pivotal. Until then, deteriorating housing and mortgage markets had triggered what seemed a serious -- but not unprecedented -- recession. Once Lehman failed, the economy went into a frenzied free fall. It's hard not to wonder whether some of the ensuing turmoil could have been avoided. Consider what happened after Lehman: -- Credit tightened. Banks wouldn't lend to each other, except at exorbitant interest rates. Rates on high-quality corporate bonds went...
  • Meghan McCain admits to Romney 'obsession' in 2008 campaign memoir

    08/31/2010 12:24:56 PM PDT · by speciallybland · 56 replies
    The Boston Globe ^ | 08/31/2010 | Sasha Issenberg
    WASHINGTON -- On the day her father won the New Hampshire primary in 2008, Meghan McCain feared she would be arrested for removing Mitt Romney campaign signs from a Nashua street corner. "Stealing campaign signs is technically illegal, but I never thought anyone would enforce this. Nor did I expect we'd get caught," McCain confesses in her memoir, "Dirty Sexy Politics," which is released today. McCain writes that she "had gotten pretty sick" of seeing Romney's signs, particularly a cluster she and friends suspected had been strategically placed outside the McCain campaign's hotel. After stashing several of them in a...
  • Texas Man Indicted for Attempting to Provide Material Support to al Qaeda in the Arabian Peninsula

    06/03/2010 4:32:30 PM PDT · by Free ThinkerNY · 10 replies · 251+ views
    FBI Houston ^ | June 3, 2010
    HOUSTON—A federal grand jury in U.S. District Court for the Southern District of Texas returned an indictment today charging Barry Walter Bujol, Jr., with attempting to provide material support to a designated terrorist organization and aggravated identity theft, U.S. Attorney José Angel Moreno and FBI Houston Special Agent in Charge Richard C. Powers announced today. “Protecting the American public from the threat of terrorism, both international and home-grown, is the highest priority of the U.S. Department of Justice and the U.S. Attorney’s Office for the Southern District of Texas,” said U.S. Attorney Moreno. “Proactive investigative efforts and cooperation between the...