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The Obama administration will ask Congress to give the Treasury secretary unprecedented powers to initiate the seizure of non-bank financial companies, such as large insurers, investment firms and hedge funds, whose collapse would damage the broader economy, White House spokesman Robert Gibbs said this morning.

Black lawmakers pitched a hissy fit and stormed out of the Georgia House on Friday claiming that white Republicans’ decision to delay a resolution honoring President Barack Obama had racist overtones. (Gasp) They say it’s an intentional snub to the nation’s first black president. “It drips with racism,” Democrat Representative Al Williams said. “I call it just like it is.” Republicans simply objected to the over-the-top wording that declared Obama to be a man of “unimpeachable reputation for integrity.” .....

When US banks are in trouble, the FDIC is empowered to seize the banks, and dispose of the assets. Now Obama is fast tracking legislation to create a new regulatory agency - a "resolution authority" to do the same for other "financial institutions" using AIG, and it's bonus contracts, as the example for it's need. AP's Economic Writer, Martin Crutsinger's lead paragraph chills one to the bone... President Barack Obama seeks new powers that would allow his administration to seize troubled companies like the insurer AIG — and take ownership of their toxic assets — if their collapse would threaten...

[Watch shocking video in article!!]If an U.N. Anti-Blasphemy Resolution is passed, it will outlaw criticism of Islam in any form. Even talking about the religion’s influence on terrorism could be a crime. “A group of 57 Organization of Islamic Countries,” a February 25 Lou Dobbs report says, “the largest block at the United Nations, has been pushing it, out of concern, it says, for anti-Islamic behavior, saying, “This resolution is a major step towards sensitizing the international community on the serious impact of defamation of religions….” “While appearing in name to promote tolerance, the implementation of this concept actually fosters...

TO AFFIRM SOUTH CAROLINA'S SOVEREIGNTY UNDER THE TENTH AMENDMENT TO THE UNITED STATES CONSTITUTION OVER ALL POWERS NOT ENUMERATED AND GRANTED TO THE FEDERAL GOVERNMENT BY THE UNITED STATES CONSTITUTION.

Can we learn anything from our current economic situation? With Uncle Sam throwing his protective tarp over the investment bankers who got us into this mess, you know those pirates won't learn anything other than, "let's do it again!"We commoners must be content with nothing but good advice. WikiHow provides us with seven steps for applying lessons from the Great Depression:1. Stop using credit2. Nurture positive relationships with family and friends 3. Do it yourself4. See Frugality as a virtue5. Treat food with respect6. Reuse, reuse, reuse7. Be thankful Those of us who grew up in a working class family...

See what happens when you behave like a lefty?Believe it or not, there are some GOPers who hate it when that happens - and they're determined to do all that is necessary to make their disdain official.When the Republican National Committee has their monthly get-together in January, President George W. Bush could be on the hook - along with some less than principled Congressional elephants - for embracing socialism.Harsh words, indeed.Ralph Z. Hallow at the Washington Times writes: Republican Party officials say they will try next month to pass a resolution accusing President Bush and congressional Republican leaders of embracing...

Why would Obama and Clinton include this line in a resolution for John McCain? "Whereas previous presidential candidates were born outside of the United States of America and were understood to be eligible to be President;" and

NEW YORK (AP) -- Wall Street surged higher Thursday, with the Dow Jones industrials up more than 400 points after a report that the federal government is considering creation of a repository for banks' bad debt. CNBC said Treasury Secretary Henry Paulson is considering creation of an entity like the Resolution Trust Corp. that was formed after the failure of savings and loan banks in the 1980s.

HOLLAND - The mayor of this small community 15 miles south of Temple said Tuesday the commission of which she is president is ready to take by the horns the Texas Department of Transportation and its controversial proposal, the Trans-Texas Corridor. Armed with an 80-page manual, “How to Fight the TTC,” and backed by two non-profits who say they protect private property rights, Holland mayor Mae Smith said rural Bell County is ready for a fight. “Bell County sits here like a stepchild and they’re cramming this corridor down our throats,” Ms. Smith said, regarding the commission’s relationship with TxDOT....

County commissioners reaffirmed their stance against the Trans-Texas Corridor, and they took another step toward keeping county government transparent when they met Tuesday. First up on the court's agenda, commissioners heard a presentation by Connie Fogle on behalf of the newly formed Pineywoods Sub-Regional Planning Commission. According to Fogle, the Texas Local Government Code, Chapter 391, requires state agencies to coordinate with local commissions to "ensure effective and orderly implementation of state programs at the regional level." "Critical in the code is the word 'coordinate,'" she said. "This does not mean the commission has to cooperate. The intent is to...

It has been roughly three months since residents of Huntsville and Walker County attended town hall meetings to voice their opinion on the Trans-Texas Corridor/I-69 project to the Texas Department of Transportation. There was no question then that there was strong opposition to the proposed 1,600-mile national highway, and it seems as though residents’ efforts to stop it has not lost any of its momentum. Several residents attended the Walker County Commissioners Court on Monday morning, expressing concerns about the project and encouraged the court to take another step of action. The five-member court agrees with the majority of the...

The first has long since lapsed. It permitted the president to "defend the national security of the United States against the continuing threat posed by Iraq." This threat came to an end with the destruction of Saddam Hussein's government. Instead, U.S. military intervention is authorized under the second prong of the 2002 resolution. This authorizes the president to "enforce all relevant United Nations Security Council resolutions regarding Iraq." This has allowed the Bush administration to satisfy American law by obtaining a series of resolutions authorizing the United States to serve as the head of the multinational force in Iraq. But...

In the midst of inflation, funding difficulties and halted expansion projects, a budget error on the part of the Texas Department of Transportation (TxDOT) may have exacerbated their challenges. "TxDOT does some mysterious accounting," said Rep. Chuck Hopson (D-Jacksonville). "They had close to $1 billion counted in their budget twice." "That was a serious error on our part and we have made changes to try to prevent that type of error from occurring again," said TxDOT Spokesman Chris Lippincott, adding that the amount added twice in their financial statement was unrelated to the $1.2 billion in federal rescissions, which are...

REFUGIO, Texas - With an abandoned Wild West-vintage town of storefronts slumbering just a block from old US 77, tiny Refugio is a place where myth and reality coexist in a ghostly silence. more stories like this Obama faces heat over aide's NAFTA remarks to Canadians Texas, Ohio could decide Dem nomination Canada says didn't misrepresent Obama over NAFTA McCain tags Dems on trade treaty NAFTA seen differently in Ohio, Texas And now this South Texas outpost is swept up in one of the more intriguing tests of myth vs. reality in today's political life: the battle over the so-called...

Resolution encourages U.S. 59 development El Campo City Council joined in the protest cries against the proposed Trans-Texas Corridor Monday night advocating an improved and expanded U.S. 59 instead. Possible economic impacts from the proposed TTC corridor caused concern with draft versions of the roadway limiting access, cutting through family farms and bypassing many cities completely.

The proposed Trans Texas Corridor did not find any fans, or any support, in Fort Bend County this week. At public meetings hosted by the Texas Department of Transportation in both Katy and Rosenberg, speaker after speaker, many in emotional tones, voiced their opposition to the proposed transportation corridor. No one spoke up in support of the proposal at either meeting. The Tuesday night session took place at Katy High School’s Performing Arts Center with over 200 residents in attendance. The evening before at the Rosenberg Civic and Convention Center, a similar crowd showed up to voice their opinions. In...

The Nacogdoches County commissioners court voted Tuesday to support numerous community members who have recently turned out in droves opposing the proposed I-69/Trans-Texas Corridor by adopting a resolution against the project. The resolution is expected to be sent to the Texas Department of Transportation and to the governor's office. Precinct 4 Commissioner Tom Strickland said that it's apparent most people in Nacogdoches County approved of the original project — a standard Interstate roadway. But now most are opposed to the large TTC structure. 145th District Court Judge Campbell Cox II submitted a map that showed several oil and gas wells...

ROBSTOWN, Tex. — Leon Little’s farm here near Corpus Christi would not be seized for Texas’s proposed $184-billion-plus superhighway project for 5 or 10 years, if ever. But Mr. Little was alarmed enough to show up Wednesday night with hundreds of his South Texas coastal neighbors to do what the Texas Department of Transportation has been urging: “Go ahead, don’t hold back.” Don’t worry. Texans have gotten the message, swamping hearings and town meetings across the state to grill and often excoriate agency officials about a colossal traffic makeover known as the Trans-Texas Corridor, a public-private partnership unrivaled in the...

My wife and I recently decided to look through the myriad pictures, mementoes and papers we have gathered over our 46 years together. We found pictures of my father (who I barely remember since he passed when I was 15). Of course there are pictures of our 40+ vacations, many not labeled so they are nearly impossible to truly identify. There are too many memories to mention but one stood out. It is a pamphlet, given to me by my dad's brother in the early 60's. Now he was a Christian Scientist (as was my dad) and since it looked...