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Economic News



Goldman Sachs ready to hand out £7bn salary and bonus package... after its £6bn bail-out

By Simon Duke, the Daily Mail (UK), October 30, 2008



Uses for $700 billion bailout money ever shifting

By JOHN DUNBAR, Associated Press Writer, October 25, 2008



House panel to tackle meltdown reason, remedy

By MARTIN CRUTSINGER, AP Economics Writer, October 23, 2008



The Guys From 'Government Sachs'

By JULIE CRESWELL and BEN WHITE, New York Times, October 17, 2008



Secretive sector next to face the squeeze

Phillip Inman, The Guardian, Friday, October 17 2008



Ron Paul: Bailout means we'll all suffer

CNN, Friday, October 17, 2008



Paulson tries again
Unlike the UK plan, the revamped American bail-out puts banks first and taxpayers second

by Joseph Stiglitz (nobel-prize winning economist), The Guardian, October 16 2008



US to buy stake in banks, first since Depression

By JEANNINE AVERSA, AP Economics Writer, October 10, 2008



Lehman Bros head took home $300m

BBC, Monday, October 6, 2008



Economy creates surge in homeless Mass. families

By STEVE LeBLANC, Associated Press Writer, Mon October 6, 2008



Subprime Derivatives Explained

A quick segment from CNBC. Watch this and you will understand what all this derivative and tranches stuff is. From July 2007.


Mike Doyle voted FOR the bailout
House rejects $700B bailout in stunning defeat

By JULIE HIRSCHFELD DAVIS, Associated Press Writer, September 29, 2008

Why we reject the "choice" between Democrats and Republicans, in 2 1/2 minutes



Amid GOP revolt, bailout deal breaks down

By JENNIFER LOVEN and JULIE HIRSCHFELD DAVIS, Associated Press Writers, September 26, 2008



WaMu becomes biggest bank to fail in US history

By MARCY GORDON, SARA LEPRO and MADLEN READ, AP Business Writers, September 26, 2008


Look out for Article 8!

Text of Draft Proposal for Bailout Plan

New York Times, September 20, 2008

Conflict of interest -- Congressional leaders are big shareholders in AIG

Pelosi, Kerry May Share Investor Pain as AIG Stakes Evaporate

By Jonathan D. Salant, Bloomberg News, September 19, 2008



Fury at $2.5bn Lehman bonus

By John Waples and Danny Fortson, The Times (U.K.), September 21, 2008



Bush team, Congress negotiate $700B bailout

By JULIE HIRSCHFELD DAVIS and DEB RIECHMANN, Associated Press Writers, September 20, 2008



After the Financial System Fall:
The Financial Re-Regulatory Agenda

By ROBERT WEISSMAN, Counterpunch, September 18, 2008



AIG bailout fails to end panic on Wall Street

By James Quinn, Wall Street Correspondent, The Telegraph (U.K.), Sepember 17, 2008



Bank of America is to buy Merrill Lynch in a deal worth $50bn

BBC, Monday, 15 September 2008



Lehman set to go into insolvency

BBC, Sunday, 14 September 2008


U.S. Seizes Mortgage Giants -- Government Ousts CEOs of Fannie, Freddie; Promises Up to $200 Billion in Capital
By JAMES R. HAGERTY, RUTH SIMON and DAMIAN PALETTA, Wall Street Journal, September 8, 2008; Page A1


U.S. Nears Rescue Plan For Fannie And Freddie
Deal Said to Involve Change of Leadership, Infusions of Capital

By David S. Hilzenrath, Neil Irwin and Zachary A. Goldfarb, Washington Post Staff Writers, Saturday, September 6, 2008


FDIC: 117 troubled banks, highest level since 2003
By MARCY GORDON, Associated Press, Tuesday, August 26, 2008


Buffett Says Fannie Mae, Freddie Mac `Game Is Over'
By Josh P. Hamilton, Bloomberg News, August 22, 2008



Jim Cramer of CNBC voices outrage at Fed, SEC over Fannie/Freddie debacle

CNBC, August 20 2008

http://www.youtube.com/watch?v=SptB3STL5rs



William Greider disusses the Financial Crisis with Bill Moyers

Bill Moyers Journal, July 18, 2008

Foreign News

Russia/Georgia



Oligarchs oblige as Kremlin steps in

By Konstantin Rozhnov, Business reporter, BBC News, October 31, 2008



Russia recognizes breakaway Georgian regions

By STEVE GUTTERMAN, Associated Press Writer, August 26, 2008



Russian MPs back Georgia's rebels

BBC, Monday, 25 August 2008



Russia Never Wanted a War

Op-Ed by By MIKHAIL GORBACHEV, New York Times, August 19, 2008



Biden calls for $1 billion in emergency aid to Georgia

Yahoo News, Monday Aug 18, 2008



Our friends in Georgia

By Anshel Pfeffer, Haaretz, 14/08/2008



This is a tale of US expansion not Russian aggression,

by Seumas Milne, The Guardian, Thursday August 14 2008

Israel/Palestine



Settlers preparing for war, says Shin Bet chief

By Aluf Benn, Haaretz, November 03, 2008


He should have said this two years ago instead of bombing Lebanon!
Olmert: Israel must quit East Jerusalem and Golan

Haaretz, September 30, 2008



Olmert: Binational state is alternative to peace deal with Palestinians

Haaretz, September 16, 2008


U.S. to Sell Bunker Busters Needed for Israeli Attack on Iran

U.S. to sell IAF smart bombs for heavily fortified targets

Haaretz, September 14, 2008



Israel asks U.S. for arms, air corridor to attack Iran

By Amos Harel and Aluf Benn, Haaretz Correspondents, September 14, 2008



Bush 'approved' Pakistan attacks

BBC, Thursday, 11 September 2008



Israel 'annexes' West Bank area

BBC, Thursday, 11 September 2008



Activist boats reach Gaza Strip

BBC, Saturday, 23 August 2008


Israeli W Bank building 'doubles'
BBC, Tuesday, 26 August 2008


West Bank struggles for water
By Wyre Davies, BBC News, Wednesday, August 20 2008


Israel Losing its Moral Compass --
The general of onions and garlic

By Gideon Levy, Haaretz, Sunday, July 20, 2008

Other Foreign News



US aircraft attack Syria border

BBC, Sunday, October 26, 2008



Dissent in Iraq at accord with US

By Jim Muir, BBC News, Baghdad,
Friday, October 17, 2008 /i>



China to 'bail-out' near bankrupt Pakistan

By Isambard Wilkinson in Islamabad, October 18, 2008



Venezuela-Russia ties deepen despite US pressure

By IAN JAMES, Associated Press, September 18, 2008



Expulsions stoke US-LatAm dispute

BBC, September 12, 2008


Dutch intel: US to strike Iran in coming weeks
The Jerusalem Post, September 1, 2008

Constitutional News


Polish agents tell of CIA jails
By Adam Easton, BBC News, Warsaw, September 6, 2008


Where are the anti-war liberals? --
And None Dare Call It Treason
By Pat Buchanan, Yahoo News, Friday August 22, 2008


One step closer to a police state --
New Guidelines Would Give F.B.I. Broader Powers

By ERIC LICHTBLAU, New York Times, August 20, 2008



NYPD's 'Operation Sentinel' To Track EVERYTHING

CBS Broadcasting, Aug 13, 2008


Travelers' Laptops May Be Detained At Border --
No Suspicion Required Under DHS Policies

By Ellen Nakashima, Washington Post, Friday, August 1, 2008

Other News



Michael Moore supports Obama because he hopes he will "break his promises." This is the real audacity of hope!

Speaking on Democracy Now!, October 31, 2008




Who will win the electoral college?

BBC, Monday, November 3, 2008

Republican pollster Frank Luntz says he sees "no scenario for McCain victory



In bloom: growing algae for biofuel

By Paul Henley, BBC News, October 9, 2008



Nader addresses throngs of students

Pitt News, Thursday, September 25, 2008



Third part candidate Ralph Nader speaks at University of Pittsburgh

by Katelyn Malongowski, September 25, 2008



Top Republican says Palin unready

BBC, Thursday, September 18, 2008



Bob Barr sues to remove Obama, McCain from Texas ballot

Houston Chronicle, September 16, 2008


Now is the time for opposition forces to unite!
Two-party 'charade' must end, Ron Paul says
CNN, Wednesday, September 10, 2008


The military-industrial complex has spoken: global warming is real!
Conflict fear over Arctic borders

By David Shukman, Science reporter, BBC News, September 10, 2008


Jimmy Carter Conspicuously Absent From Podium
By Brett Lieberman and Nathan Guttman, Forward, Thursday, August 28, 2008


Plot to Kill Obama: Shoot From High Vantage Point
by Brian Maass and cbs4denver.com staff, August 26, 2008



Obama to announce Biden as running mate
Reuters, Sat Aug 23, 2008

http://www.youtube.com/watch?v=oYjyvkR0bGQ