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Keyword: crisis

Brevity: Headers | « Text »
  • John Galt Hates Ben Bernanke

    04/25/2015 10:24:41 PM PDT · by nickcarraway · 4 replies
    New York Times ^ | APRIL 3, 2015 | Paul Krugman
    Ah: I see that there was a Twitter exchange among Brad DeLong, James Pethokoukis, and others over why Republicans don’t acknowledge that Ben Bernanke helped the economy, and claim credit. Pethokoukis — who presumably gets to talk to quite a few Republicans from his perch at AEI — offers a fairly amazing explanation: B/c many view BB as enabling Obama’s spending and artificially propping up debt-heavy economy in need of Mellon-esque liquidation Yep: that dastardly Bernanke was preventing us from having a financial crisis, curse him. Actually, there’s a lot of evidence that this was an important part of the...
  • CPS' financial straits cost taxpayers with sharply higher interest rates on bond sale (Chicago)

    04/23/2015 1:27:44 PM PDT · by george76 · 3 replies
    Chicago Sun Times ^ | 04/22/2015 | Chris Fusco
    The Chicago Public Schools — already facing a federal criminal investigation of its CEO and a projected $1.1 billion budget deficit next school year — now must pay a price for those problems through higher interest rates on a new $300 million bond deal. The rates lured investors to buy the bonds, which CPS says it will use to pay off recently completed construction projects. But they also mean Chicago taxpayers will pay more over the life of the borrowing deal, financial analysts said Wednesday. The main bond issue — for $280 million to be repaid over 25 years —...
  • Wind Turbines Kill More Birds Than BP Oil Spill

    04/20/2015 10:08:28 AM PDT · by E. Pluribus Unum · 31 replies
    The Daily Caller ^ | 2015-04-20 | Michael Bastasch
    It's been five years since BP’s Deepwater Horizon oil rig exploded and released 5 million barrels of crude oil into the Gulf of Mexico. Environmentalists are highlighting the disaster by pointing to the 800,000 birds that have died because of the spill in the five years since the disaster, but activists have been eerily silent about the fact that way more birds have been killed by wind turbines — a supposedly “eco-friendly” energy source.The liberal blog Mother Jones reports that 800,000 birds have been killed and the Pelican population in the Gulf has decreased 12 percent. While the 2010 Gulf spill was...
  • The Crisis in Yemen Intensifies as Houthi Fighters Push Deeper Into Aden

    04/06/2015 1:50:29 AM PDT · by kingattax · 42 replies
    Time ^ | 4-6-15 | David Stout
    Saudi-led air strikes have failed to reverse the rebels' momentum Houthi militia inched closer Sunday to capturing the port city of Aden, where Saudi-backed forces loyal to Yemeni President Abdel Rabbo Mansour Hadi continue to hold out. The Shi‘ite rebels unleashed artillery barrages on residential areas in the city and targeted a pro-Hadi television station with mortar rounds, forcing it off the air, reports AFP. “There are bodies in the streets, and we can’t get close because there are Houthi snipers on the rooftops. Anything that gets near, they shoot at,” an unidentified medic told Reuters. Houthi militants continue to...
  • What can We do?

    03/31/2015 1:11:10 PM PDT · by demshateGod · 33 replies
    3.31.2015 | Me
    I've just about given up on America. My hope is to teach my kids so they can maintain decency in an evil world. We're educating them, teaching them about God, decency, Western culture, beauty, and truth. My fear is they'll inherit an Idiocracy at best, and a Satanic theocracy at worst. We're on the road to both. God will not be surprised by it either way. Nothing in the political process gives me any hope. Nothing. Not even Ted Cruz because he still has faith in the political system. Even when he gets bounced out of the primary by the...
  • Moody's downgrades CPS credit rating [ Chicago Public Schools ]

    03/07/2015 5:45:37 AM PST · by george76 · 7 replies
    Chicago Sun Times ^ | 03/06/2015 | Maudlyne Ihejirika
    Moody’s Investors Service on Friday announced it had reduced its rating on Chicago Board of Education debt to one level above junk bond status. Moody’s downgraded the rating to Baa3 from Baa1 on the board’s general obligation debt. That rating applies to a total of $6.3 billion in outstanding debt held by Chicago Public Schools. That lowered rating, according to Moody’s, “reflects CPS’s continued reliance” on its reserves to cover ongoing operating expenditures, “particularly pension contributions, which will steadily increase in the coming years.” ... the lowered CPS rating also takes into account the city’s own credit rating, which also...
  • There's a new mortgage crisis brewing [Richard Bove]

    02/24/2015 4:49:11 PM PST · by CutePuppy · 24 replies
    CNBC ^ | 2015 February 23 | Richard X. Bove
    In 2008, the nation entered into a financial crisis widely believed to have been caused by excesses in the residential mortgage industry. By 2010, the nation thought it had put in place a series of measures that not only would resolve the crisis but would insure that it never happened again. Yet, here we are in 2015 looking at another potential mortgage crisis. Only this time it is different. In 2008, funds flowed in waves into the mortgage industry. In 2015, it appears the funds are drying up. The solutions to the problem in 2010 and thereafter included: Suing and...
  • V.A. Crisis Call Center Documentary Wins Oscar

    02/23/2015 9:29:13 PM PST · by RonPaulLives · 1 replies
    Breitbart.com ^ | 22 Feb 2015 | Breitbart
    The HBO documentary Crisis Hotline: Veterans Press 1 picked up the Oscar for Best Short-Subject Documentary at Sunday night’s 87th annual Academy Awards. The 40-minute film follows staffers at the Department of Veterans Affairs’ 24-hour call center as they speak with veterans experiencing emotional crises.
  • Euro crisis, banking crisis, debt crisis - 5 yrs rearranging deck chairs on the Titanic

    01/26/2015 5:24:20 AM PST · by alexmark1917 · 1 replies
    5 years into the euro zone crisis the ECB announces a €1.1 trillion quantitative easing programme to boost economy. Bolder than expected. Draghi Commits ECB to Trillion-Euro Asset-Purchase Plan to Fight Deflation Mario Draghi led the European Central Bank into a new era, committing to a quantitative easing program worth at least 1.1 trillion euros ($1.3 trillion) to counter the threat of a deflationary spiral. The ECB president shrugged off determined opposition led by German officials with a pledge to buy 60 billion euros every month through September next year in a once-and-for-all push to put more cash into circulation...
  • Rickards: Brace For Financial Storm 6x Larger Than 2008

    01/21/2015 12:09:48 PM PST · by alexmark1917 · 38 replies
    Over the coming months, I believe we could see an economic meltdown at least six times the size of the 2007 subprime mortgage meltdown... The next financial collapse, already on our radar screen, will not come from hedge funds or home mortgages. It will come from junk bonds, especially energy-related and emerging-market corporate debt. The Financial Times recently estimated that the total amount of energy-related corporate debt issued from 2009-2014 for exploration and development is over $5 trillion. Meanwhile, the Bank for International Settlements recently estimated that the total amount of emerging-market dollar-denominated corporate debt is over $9 trillion. Energy-sector...
  • Don’t Believe the Hype: There’s Still a Student Loan Crisis

    01/05/2015 2:29:33 PM PST · by SeekAndFind · 11 replies
    TIME Money ^ | 01/05./2015 | Mitchell D. Weiss
    When it comes to student debt, it's not fair to blame students for being in over their heads. In the first of its reports (April 2014), the BCEP concluded that not only is the price tag for governmental student loan relief programs much higher than originally thought, but their existence presents an irresistible temptation for students to “engage in more risky behavior because they don’t have to bear the full cost of their actions.” As such, the center urges policymakers to eliminate the forgiveness portions of the various relief programs to “reduce the potential for over-borrowing by requiring borrowers to...
  • Obama's Constitutional Crisis: What Should the House Do?

    12/11/2014 11:04:36 AM PST · by upbeat5 · 25 replies
    Brietbart ^ | December 11, 2014 | Rep. Tom McClintock (R-CA)
    The constitutional issues involving President Barack Obama's executive orders on amnesty far transcend the issue of illegal immigration. The president’s action strikes at the very heart of our separation of powers. The Constitution reserves to Congress alone the power to enact and alter law, and charges the president with the responsibility to faithfully execute those laws. If the president can seize legislative power in this manner and then boast to an audience that he himself has changed the law, then the separation of powers becomes meaningless, and our constitutional Republic will have crossed a very bright line that separates a...
  • U.S. Constitutional Crisis: November 20, 2014 - Mexican National Revolution Day: November 20, 1910

    The Mexican Revolution, which began on November 20, 1910, and continued for a decade, is recognized as the first major political, social, and cultural revolution of the 20th century. The United States, Mexico’s northern neighbor, was significantly affected by the human dislocation that resulted: if someone did not want to fight, the only alternative was to leave the country—and over 890,000 Mexicans did just that by legally emigrating during the second decade of the 20th century….
  • The Rosary is the remedy in this present crisis

    11/03/2014 2:51:26 AM PST · by cleghornboy · 8 replies
    La Salette Journey ^ | November 3, 2014 | Paul Melanson
    MONDAY, NOVEMBER 03, 2014 The German magazine Stimme des Glaubens reported years ago that Pope John Paul II had commented on the Third Secret of Fatima during a conference in Fulda, Germany in 1980. In this report, Pope John Paul II said, "...it should be sufficient for all Christians to know this: if there is a message in which it is written that the oceans will flood whole areas of the earth, and that from one moment to the next millions of people will perish, truly the publication of such a message is no longer something to be so much...
  • The shiny object election (Obama and Dems just can't catch a break...)

    10/26/2014 5:35:36 AM PDT · by Cincinatus' Wife · 19 replies
    The Hill ^ | October 26, 2014 | Justin Sink
    The short-attention span generation has birthed the shiny-object election. The theme of the 2014 midterms — to whatever extent one is discernable — has been an explosion of one crisis after another, each of which demands an enormous amount of media attention before fading for the next one. From the Secret Service to ISIS, Ebola to immigration, mistreated veterans to Ferguson and race relations, candidates and the president have been forced to react to the controversy du jour. Strategists and experts say the result has been bad news for Democrats, who have had a tougher time underscoring their preferred campaign...
  • Ebola crisis: Nigeria declared free of virus

    10/20/2014 9:34:36 AM PDT · by Alter Kaker · 38 replies
    BBC ^ | October 20, 2014 | BBC
    Nigeria has been declared officially free of Ebola after six weeks with no new cases, the World Health Organization (WHO) says. WHO representative Rui Gama Vaz, speaking in the capital Abuja, said it was a "spectacular success story". Nigeria won praise for its swift response after a Liberian diplomat brought the disease there in July. The outbreak has killed more than 4,500 people in West Africa, mostly in Liberia, Guinea, and Sierra Leone. An estimated 70% of those infected have died in those countries. The WHO officially declared Senegal Ebola-free on Friday. Meanwhile, European Union foreign ministers are meeting in...
  • Peak Ebola? Even Goldman Is Now Warning About The Ebola Fear Factor

    10/17/2014 5:11:20 PM PDT · by Morgana · 9 replies
    ZeroHedge.com ^ | 10-17-14 | Tyler Durden
    News about the spread of the Ebola virus has been an increasing focus for market participants in recent days. Despite rising media coverage, Ebola seems to have had little discernible effect on consumer sentiment to date. However, as Goldman Sachs notes, the "fear factor" associated with Ebola appears more significant than in past instances of pandemic concern. While expert opinion sees the likelihood of a significant outbreak of Ebola in the US as very low, it is likely any negative macroeconomic consequences are most likely to be transmitted through fear or risk-aversion channels.
  • Saudi billionaire Alwaleed warns over impact of falling oil price

    10/14/2014 10:54:23 PM PDT · by Enterprise · 41 replies
    ft.com ^ | October 14, 2014 | Simeon Kerr
    In an open letter to Saudi ministers posted via Twitter, Prince Alwaleed bin Talal al-Saud expressed his “astonishment” at comments made by Ali al-Naimi, the oil minister, who reportedly played down the impact of oil prices falling below $100 a barrel. Prices have since fallen below $88 a barrel, or a quarter since June. Prince Alwaleed, noting the kingdom’s 2014 budget was 90 per cent dependent on oil revenues, said belittling the impact of lower prices was a “catastrophe that cannot go unmentioned”.
  • Time

    09/16/2014 12:39:30 PM PDT · by mojito · 3 replies
    Belmont Club/PJ Media ^ | 9/15/2014 | Richard Fernandez
    The signs of the times as read by the Roger Cohen of New York Times at least in his piece The Great Unraveling throw shadows upon a doubtful scene. He surveys our age and writes, “it was a time of beheadings. … a time of aggression. … a time of breakup. … a time of weakness…. a time of hatred. … a time of fever. … a time of disorientation.” And yet they had come to that pass sleep-walking, unmindful “until it was too late and people could see the Great Unraveling for what it was and what it had...
  • Got room for one more crisis? In Pakistan, protesters threaten government’s stability

    09/01/2014 7:12:44 PM PDT · by SeekAndFind · 17 replies
    Hotair ^ | 09/01/2014 | NOAH ROTHMAN
    With international crises boiling on three continents, it is easy to think that things could not possibly get any worse. But, of course, they can, and that proposition is being tested presently in Pakistan where anti-government protests area growing more aggressive.300 were injured in overnight battles with government forces on Saturday night into Sunday morning. Demonstrations by Pakistanis loyal to opposition politician Imran Khan and cleric Muhammad Tahir-ul-Qadri that began two weeks ago became more violent this weekend as police used tear gas and rubber bullets to disperse crowds. The protest movement has been camped outside of Pakistan’s parliament...
  • Governor Palin: ‘No Drama Obama’s Summer Casual Agenda for America’

    08/29/2014 9:15:39 PM PDT · by Bratch · 11 replies
    Conservatives4Palin ^ | August 29 2014 | Sarah Palin via Steve Flesher
    Via Facebook: No Drama Obama’s Summer Casual Agenda for America (or What He Didn’t Do On My Summer Vacation)There is absolutely nothing important going on in the world right now.There are no security threats, no worldwide turmoil affecting America’s interests, no civil war in Syria, South Sudan, or Libya. No war on our ally, Israel. No Ebola epidemic devastating West Africa and spreading. No race riots tearing apart a whole community in Missouri. No Russian aggression in Ukraine. No deranged North Korean dictator testing more missiles. No Chinese jets getting up close and personal with our American military. No brave American...
  • The ‘We Can’t Wait’ Clause

    08/28/2014 6:21:46 PM PDT · by afraidfortherepublic · 4 replies
    National Review Online ^ | 8-28-14 | Charles C. W. Cooke
    Unlike most American presidents, Barack Obama took his inaugural oath of office twice, the latter affirmation serving as a private belt-and-braces remedy to a verbal mistake, the former as the usual public spectacle. Four years later, he repeated the trick, promising fealty first during an exclusive White House ceremony, and then, a day later, before the nation at large. Thus did our 44th president bring to a remarkable four the number of times that he had solemnly sworn to faithfully execute the Office, and, to the best of his ability, to preserve, protect, and defend the Constitution of the United...
  • As Argentina Peso Plummets To Record, BofA Warns Of Looming Economic Crisis

    08/26/2014 10:03:45 AM PDT · by blam · 6 replies
    Zero Hedge ^ | 8-26-2014 | Tyler Durden
    Tyler Durden 08/26/2014 After spending time in Argentina, BofA's Marcos Buscaglia is concerned... The perception of many locals is that the risks of an economic/currency crisis before year-end have increased significantly. This compares to a view they had before of a muddle-through till the 2015 presidential elections. Policy decision-making is ever more concentrated, and the administration has radicalized, but the severe economic downturn will change political incentives in 2015, in BofA's view. With the official peso rate at record lows once again, the black-market Dolar-Blue tumbled to over 14/USD - a record low indicating dramatic devaluation ahead (which of course,...
  • Israel and the US: Whose Survival Instinct Is Stronger?

    08/12/2014 11:48:36 AM PDT · by Kaslin · 8 replies
    Townhall.com ^ | August 12, 2014 | Diana West
    There’s something darkly coincidental in the fact that the latest weapon to be deployed against the survival instinct of both Israel and the United States is an alleged “heartlessness” when it comes to children. The people of Israel are castigated in news media, social media and the “international community” (read: the scoundrel United Nations, of whose budget U.S. taxpayers pay 22 percent) as lacking in “humanity” itself. Why? Because as the IDF fights to end Gaza’s endless rocket barrages against Israel, many children under the age of 18 number among the civilian dead. This London Telegraph headline is not...
  • Iraq crisis: Kurds plead for weapons to counter Islamic State fighters as critics attack (Obama)

    08/10/2014 4:28:47 PM PDT · by Libloather · 11 replies
    ABC News ^ | 8/11/14
    The leader of the Kurds in Iraq has pleaded for arms shipments to fend off onslaught from extremist Islamic State (IS) militia, who are accused of burying women and children alive. United States officials have warned IS is a direct threat to the US, and other western nations, and is more powerful now than Al Qaeda was when it struck the US on September 11, 2001. The US forces have continued airstrikes against IS targets in northern Iraq as political friends and foes criticise president Barack Obama's decision to limit American action in the country.
  • EXCLUSIVE: 'A lot of people die out here' and 'all this blood...is on Obama's hands'...

    08/01/2014 10:24:52 AM PDT · by Beave Meister · 17 replies
    The Daily Mail ^ | 8/1/2014 | David Martosko
    Dead bodies of illegal immigrants are turning up in south Texas as Central Americans pour across the U.S.-Mexico border, and a veterinarian who ranches cattle 70 miles from ground zero has the photos to prove it. Dr. Mike 'Doc' Vickers of Brooks County, Texas showed some of the grisly images to MailOnline, all of them far too grotesque to publish unedited. One picture shows a corpse propped up against a tree near his ranch in Brooks County, his eyes missing and dried blood cascading down his shirtless body. 'This guy, obviously, had to lay down up against that tree, and...
  • The Myth of Child Immigration at the Border

    07/22/2014 7:38:02 PM PDT · by Jan_Sobieski · 13 replies
    Breitbart ^ | 22 July 2014 | Ian Hanchett
    Texas Lt. Governor David Dewhurst (R) reported that the vast majority of illegal immigrants coming over the southern border are not unaccompanied minors in an appearance on Tuesday’s broadcast of MSNBC’s “The Daily Rundown.” “Our effort in Texas is not focused on the unaccompanied children...we are focused on-the unaccompanied children represent some 12%-20%. We're focused on that 80, the 85% of which a quarter according to the border patrol, have a criminal record” he said ...
  • Mechanicsburg [Pennsylvania] children's home asked to prepare to take in immigrant children

    07/22/2014 3:14:59 AM PDT · by Timber Rattler · 16 replies
    Penn Live ^ | July 21, 2014 | Anna Orso
    A local home for children has been asked by the federal government to prepare itself to take in unaccompanied immigrant children from Central America who continue to cross over into the United States. The United Methodist Home for Children in Mechanicsburg has not taken in any children from Central America yet, and it continues to assist children sent to it from the local county courts systems, the group's Board of Trustees Chairwoman Karen Best said Monday. But the agency has been contacted to prepare itself to provide shelter and care for unaccompanied minors, she said. The home has been approved...
  • Poll: Most Americans Give Obama Failing Grade on Immigration Crisis

    07/16/2014 7:11:43 AM PDT · by Cringing Negativism Network · 2 replies
    Newsmax ^ | July 16 2014 | Drew MacKenzie
    The Washington Post-ABC News poll reveals that 58 percent of Americans, including 54 percent of Latinos, are disappointed with his policies on the surge of thousands of undocumented immigrants, many of them children, across the southern border. Read Latest Breaking News from Newsmax.com http://www.newsmax.com/Newsfront/poll-Obama-immigration-children/2014/07/16/id/582962#ixzz37dmNzdPV Urgent: Should Obamacare Be Repealed? Vote Here Now!
  • The Timeline Of The “Border Crisis” – An Intentionally Manufactured Crisis

    07/12/2014 5:39:26 PM PDT · by sheikdetailfeather · 37 replies
    The Conservative Treehouse ^ | 7-12-14 | sundance
    Several key empirical facts do not lend credibility to the White House claim of a “surprise crisis”. Actually quite the opposite – But to really absorb the issue we must analyze current year events through the reality of prior events; we must look into the way-back machine. To that end we have read the entirety of: A March 2014 Final Report from the National Center For Border Security – HERE A June 2014 (Declassified) Intelligence Report on UAC’s and Central America – HERE A June 2014 Congressional Research Report analyzing the prior four years of Central American UAC’s (Unaccompanied Alien...
  • Called my Congressman to Inquire if Military (or other) Sites in My State are Housing Illegal Aliens

    07/11/2014 5:22:01 AM PDT · by The_Media_never_lie · 22 replies
    vanity | self
    Yesterday I called my Congressman to inquire if illegal aliens were being shipped into South Carolina.
  • Where Are The Federal, State, County & City Health Agencies While Obama Spreads Contagious Diseases?

    07/04/2014 5:57:45 PM PDT · by Stayfree · 17 replies
    Self | July 4, 2014 | Self(vanity)
    While Obama is spreading 65,000 illegal alien children most of whom have serious communicable diseases around the country, where are the thousands of health agencies around the country trying to fight this massive injection of disease into this country?
  • The Basics of the Border Crisis: How Did We Get Here?

    07/04/2014 5:23:46 PM PDT · by Libloather · 15 replies
    NBC News ^ | 7/04/14
    More than 52,000 unaccompanied children have crossed the U.S.-Mexico border since October. Here's a look at why it's happening and how authorities and communities are coping: When did the crisis start? The Department of Homeland Security said the uptick in unaccompanied minors crossing the border began last year but accelerated in the last few months. Since October, more than 52,000 children traveling without an adult were caught entering the United States through Mexico — double the number of the previous year and triple the number in 2011. **SNIP** How do they get to the U.S.? They travel by bus, train,...
  • A Public Health Crisis at the Border (tuberculosis, dengue fever on the rise)

    07/04/2014 10:20:36 AM PDT · by Libloather · 6 replies
    Slate ^ | 7/03/14 | Marc Siegel
    **SNIP** Drug-resistant tuberculosis also appears to have spread, with several counties in southern Texas reporting twice the usual average number of cases. TB is a disease that needs to be carefully monitored and screened for, a prospect that is not possible under the current circumstances. Dengue fever, a potentially deadly mosquito-borne disease that causes fatigue, pain in the bones and muscles, and fever, and infects close to 100 million people worldwide every year, has been detected this year in southern Texas for the first time since 2005. Illegal immigrants, possibly from Mexico, are a likely source. If infected mosquitoes begin...
  • White House Passing the Buck to Biden to Deal with Iraq Crisis

    06/12/2014 8:16:31 PM PDT · by Nachum · 32 replies
    PJ Media ^ | 6/12/14 | Bridget Johnson
    As Ukrainian protesters rallied against the Kremlin-backed government, were killed by government forces and weathered a subsequent Russian invasion, President Obama left it up to Vice President Joe Biden to directly communicate with the Ukrainian government. Obama even went so far as a skip a national security meeting on the Russian invasion at the beginning of March, which Biden joined via teleconference. Now, it appears that foreign policy methodology is playing out again in Iraq. Last night, the White House announced that Biden had jumped on the phone with Turkish Prime Minister Erdogan “regarding the security situation around Mosul, Iraq,...
  • Iraq crisis: Militants 'seize Tikrit' after taking Mosul (Next up? Place your bets!)

    06/11/2014 10:31:39 AM PDT · by NormsRevenge · 26 replies
    BBC News ^ | 6/11/14 | BBC
    Islamist insurgents in Iraq have seized the city of Tikrit, their second major gain after capturing Mosul on Tuesday, security officials say. Tikrit, the hometown of former leader Saddam Hussein, lies just 150km (95 miles) north of the capital Baghdad. Iraqi PM Nouri Maliki vowed to fight back against the jihadists and punish those in the security forces who fled, offering little or no resistance. The insurgents are from the Islamic State of Iraq and the Levant (ISIS). ISIS, which is also known as ISIL, is an offshoot of al-Qaeda. It controls considerable territory in eastern Syria and western and...
  • Ham radio: Old technology gets new respect

    05/20/2014 7:28:53 AM PDT · by Olog-hai · 44 replies
    Fox News ^ | May 19, 2014 | Jonathan Serrie
    Seeking reliable backup communication in a crisis, emergency managers are finding new solutions in an old technology: ham radio. “It’s just another avenue, another opportunity for us to be able to communicate,” said Herb Schraufnagel, public safety captain with Emory University Hospital Midtown. Emory HealthCare is among a growing number of hospital systems to adopt ham radio. Hospital administrators and government officials took a lesson from Hurricane Katrina, which left some Gulf Coast medical centers isolated from the outside world, as landlines and cell towers failed. …
  • U.S. Backs Off Tight Mortgage Rules

    05/14/2014 6:02:50 AM PDT · by mac_truck · 42 replies
    WSJOnline ^ | 5/13/2014 | Nick Timiraos and
    WASHINGTON—The Obama administration and federal regulators are reversing course on some of the biggest postcrisis efforts to tighten mortgage-lending standards amid concern they could snuff out the fledgling housing rebound and dent the economic recovery. On Tuesday, Mel Watt, the newly installed overseer of Fannie Mae and Freddie Mac, said the mortgage giants should direct their focus toward making more credit available to homeowners, a U-turn from previous directives to pull back from the mortgage market. In coming weeks, six agencies, including Mr. Watt's, are expected to finalize new rules for mortgages that are packaged into securities by private investors....
  • UKRAINE: Slavyansk local cleric instrumental father in activity

    04/20/2014 6:24:16 AM PDT · by UMCRevMom@aol.com · 2 replies
    According to the information of the resistance, "controlled by extremists, the city Slavyansk finally plunged into chaos and anarchy." Extremists on the roadblocks being taken away from local personal vehicle "for the purposes of the Donetsk Republic', the people running out of cash, began armed criminal showdown." In addition to holding earlier seizures of buildings "green men" (Russian forces) were a group of armed men in uniform black uniform. At this time we do not have membership of these groups. But note that they are not coordinated by the city representatives of GRU HEADQUARTERS ARMED FORCES of the RUSSIAN FEDERATION....
  • Europe faces worst human rights ‘crisis’ in decades

    04/17/2014 1:11:34 AM PDT · by Olog-hai · 7 replies
    EU Observer ^ | 17.04.14 @ 09:29 | Nikolaj Nielsen
    Europe is facing its largest human rights crisis in over two decades, according to the Strasbourg-based Council of Europe (CoE). The human rights watchdog, in a report published on Wednesday (16), says corruption, human trafficking, racism and discrimination persist across Europe. […] CoE secretary general Thorbjørn Jagland—in a statement entitled “Europe in biggest human rights crisis since Cold War”—said the lack of democratic checks and balances, free media and an independent judiciary is the cause of widespread corruption and misuse of power. He is calling for a “new pan-European security agenda” to help stem the abuse. …
  • UKRAINE: Russian troops

    04/11/2014 8:03:48 AM PDT · by UMCRevMom@aol.com · 8 replies
    Ukraine Crisis Media Center ^ | 11-04-2014 16 mins ago | Dmitry Tymchuk
    In my remarks today in the Ukrainian crisis Media Center Dmitri Tymchuk: Crimea Ukraine scenario will not pass-a critical moment for the invasion here Putin missed in March Kiev, April 11, 2014 year-on the accumulation of Russian forces on the Ukrainian border, the most likely SCENARIOS FOR FURTHER ACTION and the main THREAT to the integrity of Ukraine today is driving the separatists in Eastern Ukraine said Dmitry Tymchuk, Director of the Center for political-military studies, Coordinator of the "resistance" of the Information in the Ukrainian crisis Media Center. According to the information of the resistance, in the last 24...
  • Venezuela on the Brink – Infographic and Poll data

    03/14/2014 7:43:55 AM PDT · by politisite · 9 replies
    Iron Mill News ^ | 3/14/2014 | Chris Wawra
    As the Venezuelan government continues to violently crack down on protesters, the credibility of Maduro’s regime hangs in the balance. The world has been watching Venezuela, as well as both Ukraine and Thailand, during these difficult political times Maduro’s government has been accused of human rights violations by the U.N. and over half the 1World voters on the ground in the three embattled countries around the world (Ukraine, Venezuela and Thailand) feel unsafe in their country. To make matters worse, 30% feel the domestic media coverage of the unrest is inaccurate and 50% think the coverage has been mixed.
  • Obama to Cut Key Reconnaissance Fleet By 25 Percent Planes being used to monitor Ukraine crisis

    03/10/2014 9:44:13 PM PDT · by Nachum · 13 replies
    Free Beacon ^ | 3/10/14 | Adam Kredo
    A key fleet of U.S. reconnaissance planes used to detect enemy aircraft in hostile settings will to be cut by 25 percent under President Obama’s fiscal year 2015 budget, according to multiple sources familiar with the budget proposal. A fleet of 31 AWACs, or Airborne Warning and Control System planes, will be reduced to 24 by 2015 under Obama’s budget proposal. The situation has prompted concern in defense circles and elsewhere, where sources have pointed out that AWACS are currently deployed in Poland and Romania in order to help monitor the standoff in Ukraine. AWACS are a highly advanced type...
  • Experts: ‘Retirement Crisis’ Concerns Might Be Overblown

    03/07/2014 7:00:22 AM PST · by SeekAndFind · 23 replies
    Pajamas Media ^ | 03/07/2014 | RODRIGO SERMEÑO
    WASHINGTON – Experts have cautioned against concerns over a retirement crisis, saying the most commonly cited measure of retirement income ignores a large portion of the money retirees receive.Recently, many pundits and policymakers have expressed much concern [1] about the U.S. retirement system. They argue that the United States is facing a crisis due to the shift over the past three decades from defined-benefit pensions to defined-contribution savings plans. They also worry Americans do not seem to save enough when they are working and in retirement their meager pension income will force them to rely on Social Security.In response,...
  • Ukraine crisis: Crimea parliament asks to join Russia

    03/06/2014 2:47:48 AM PST · by Zajko · 102 replies
    BBC ^ | 6th March 2014 | BBC
    <p>MPs in the southern Ukrainian region of Crimea have voted to formally become part of the Russian Federation.</p> <p>Parliament said the decision would be put to the Crimean people for their verdict in a referendum on 16 March.</p> <p>Crimea, whose population is mostly Russian, has been at the centre of tensions following the fall of Ukraine's pro-Moscow president.</p>
  • MSNBC's Maddow: G.W. Bush Is to Blame for Ukraine Crisis

    03/03/2014 4:03:23 PM PST · by Tailgunner Joe · 79 replies
    newsmax.com ^ | March 03, 2014 | Cathy Burke
    MSNBC host Rachel Maddow charged Monday that the George W. Bush administration's Middle East policy has steered America's current security policy and response to global crises — including the one in Ukraine. Talking about her new documentary, "Why We Did It," involving circumstances leading to the Iraq War, Maddow told MSNBC colleague Andrea Mitchell that the Bush administration is largely responsible for the nation's current course overseas. “The decisions of our generation on national security are determined more than anything by what the George W. Bush administration did with that nine-year war in Iraq and, alongside it, a 13-year war...
  • How Russia Today Is Covering the Crisis In Ukraine

    03/02/2014 9:36:07 PM PST · by Nachum · 42 replies
    the Blaze ^ | 3/2/14 | Oliver Darcy
  • Ukraine Crisis: Russia Brands New Leaders "Mutineers" (We All Knew This Was Coming Alert)

    02/24/2014 8:12:05 AM PST · by goldstategop · 87 replies
    BBC News ^ | 2/24/2014 | BBC News
    Mr Medvedev, quoted by Russian news agencies, suggested that Western countries that accepted Ukraine's new authorities were mistaken. "Strictly speaking, there is no-one for us to communicate with there today," he said. "The legitimacy of a whole number of organs of power that function there raises great doubts. "Some of our foreign, Western partners think otherwise. This is some kind of aberration of perception when people call legitimate what is essentially the result of an armed mutiny." He added: "We do not understand what is going on there. There is a real threat to our interests and to the lives...
  • China Starts To Make A Power Move Against The US Dollar

    02/21/2014 8:11:40 PM PST · by Tolerance Sucks Rocks · 38 replies
    Freedom Outpost ^ | February 21, 2014 | Michael Snyder
    In order for our current level of debt-fueled prosperity to continue, the rest of the world must continue to use our dollars to trade with one another and must continue to buy our debt at ridiculously low interest rates. Of course the number one foreign nation that we depend on to participate in our system is China. China accounts for more global trade than anyone else on the planet (including the United States), and most of that trade is conducted in U.S. dollars. This keeps demand for our dollars very high, and it ensures that we can import massive quantities...
  • The crisis in Venezuela broadens and deepens

    02/18/2014 5:50:31 AM PST · by DanMiller · 7 replies
    Dan Miller's Blog ^ | February 18, 2014 | Dan Miller
    As the day progresses, I expect there to be substantial activity in Venezuela. As I learn of it, updates will be provided here or through new posts. Few seem to know what to do. Perhaps Leopoldo Lopez does.According to Daniel, as far as I knew until recently the only English language blogger still hanging on in Venezuela, the country is adrift. The question here is who is most adrift in Venezuela today, the regime or the opposition?  The crisis that started late January in Tachira has spread as no other crisis has spread in Venezuela since "el caracazo" when looting happened in...