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Renewable energy is the path that would create tens of thousands of jobs at home while reducing the dependence on foreign oil and unstable foreign governments. As it stands the 
POLITICS(11-18-2008) Velvet Revolution ("VR"), a non-profit dedicated to clean and honest elections, today offers a $100,000 reward for hard information leading to the arrest and conviction of any person or persons who may have rigged the 2002 Senate race in Georgia in favor of Saxby Chambliss. That election pitted popular incumbent Max Cleland, a war hero, against conservative novice Saxby Chambliss. The pre-election polls showed Cleland with a comfortable lead but the end results had Chambliss winning by a wide margin. more...
Sarah Palin’s failure set to reap her $7m book deal (11-17-2008) She failed to save John McCain from presidential election doom, but Sarah Palin, the Republican senator’s controversial running mate, may yet emerge as the saviour of the American publishing industry. Literary agents are queueing up to sign her to a book deal that could earn her up to $7m. more...
The Grand New Party: Arizona congressional Republicans look to GOP’s future (11-14-2008) The”R” that follows Republican lawmakers’ names may soon come to symbolize more than their party affiliation — Regroup. Reorganize. Reinvigorate. Resist. Anything except retreat. more...
Paulson backs off asset plan; crisis deals at risk (11-12-2008) The Treasury backed away from using a $700 billion bailout fund to cleanse bank balance sheets of toxic mortgage debt, while Europe reported more gloomy economic news and the World Bank warned that international trade may contract in 2009. more...
GOP stalwarts regroup during Caribbean cruise (11-11-2008) When Joe Six-pack suffers a severe setback, he might cry in his beer. The Republican elite could be found this week on a Caribbean cruise after being stung in the Nov. 4 elections. more...
Less Room for Breakthrough Ideas (11-11-2008) President-elect Barack Obama is currently mulling one of the largest legislative agendas in modern history. He promised it, and the public expects it. But if the past is prologue, his agenda is likely to be one of the smallest since the 1960s. more...
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ECONOMICS(11-20-2008) In mid-2007 I began to compile new data on wholesale mortgage interest rates, which promised to provide better insights into the market than any existing data source. These rates are those quoted by wholesale lenders who offer their loan programs through mortgage brokers and mortgage banks. In offering these programs to borrowers, the loan providers add their retail markups, which can vary widely between different programs and lenders. Wholesale price data thus has less statistical "noise" than retail data. Recently I decided it was time to take a hard look at the data to see what they say about the evolution of the financial crisis. The beginning point for the data is May 4, 2007, and the end point is November 7, 2008. The interest rates quoted all assume zero points. more...
Home Prices Tumble in 80 Percent of U.S. Cities (11-18-2008) Home prices fell in four out of every five U.S. cities in the third quarter, a record spurred by distressed foreclosure sales across the country. The median price of a U.S. home declined 9 percent from a year earlier and sales of properties with mortgages in default accounted for at least a third of all transactions, the Chicago- based National Association of Realtors said today. Prices fell in 120 U.S. metropolitan areas, rose in 28 and were unchanged in four, the biggest share of declines in data going back to 1979. more...
Stalemate dims prospects for $25B auto bailout (11-17-2008) Prospects dimmed Monday for enactment of a $25 billion bailout for the faltering auto industry before year's end, as congressional Democrats and the Bush administration seemed headed for a stalemate. more...
Forecasters: U.S. in 14 month recession (11-17-2008) The U.S. economy fell into a recession last spring and will contract sharply this quarter as more than 200,000 workers per month are added to the rolls of the unemployed, a survey said on Monday. more...
Internet sales hurting US economy (11-17-2008) Much talk is going on about the tumbling economy, job crisis and financial recession. An economist in a radio talk recently hinted that many big stores will be closing in coming months. That means more job cuts, higher unemployment rate! What really ails US economy? The experts need to study the root causes. The economy recession began as soon as Americans started losing jobs due to outsourcing. But it was not the only the "outsourcing" hammer that is the real culprit or the only cause. The unbridled 'monster of internet' has eaten up thousand of jobs in US since the last four years. If you visited any big store like Best Buy or Circuit City four years ago and visiting now you feel the difference. There used to be long queues on each cashier counter but now you hardly see any queue over there. The reason is evident but ignored by federal government or economists so far. more...
Political Economy: Selling Us Short (11-16-2008) It’s becoming evident that Treasury Secretary Henry M. Paulson Jr. has conceded defeat in his battle to repair the U.S. economy and to mitigate the global financial crisis. That’s truly frightening. The core problems with the economy — slumping home prices and the related collapse of the housing finance system — have proved too difficult to resolve with a bailout, no matter how costly. Paulson doesn’t agree with this harsh assessment, of course. But it’s hard to conclude otherwise. What he says has been an evolution in thinking about the way to manage the crisis looks more like a punt. more...
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SOCIETY(11-17-2008) Now that America's gadget-loving President-elect is giving up his "BlackBerry" - or "crackberry," as addicted users call it - will New Yorkers do the same? more...
Industries' prospects under Obama (11-06-2008) Here are industries that are potentially out of favor or are relatively well positioned under an Obama administration: more...
No black America or white America (11-05-2008) Some said that white Americans wouldn't vote for an African-American presidential candidate. Others said that Barack Obama would not be able to reach the white working class. Quite a few people predicted that white voters who said they'd vote for Obama would do the opposite once they got into the voting booth. more...
An Official Apology From White America (11-04-2008) To Every African American, Chinese American, Japanese American, Native American, and Latin American that has lived in a nation that has treated them as second class citizens: America has apologized! more...
Voters offered free coffee, ice cream, bubbly, sex toys (11-03-2008) These are some of the freebies that companies are offering customers who participate in the electoral process: more...
Blacks see hope, doubt in an Obama victory (11-03-2008) The prospect that in a matter of hours an African American could be elected president of the United States has triggered a complex set of emotions for many black people. more...
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WAR(11-16-2008) Iraq's Cabinet on Sunday approved a security pact with the United States that will allow American forces to stay in Iraq for three years after their U.N. mandate expires at the end of the year. more...
U.S. probes airstrikes as Afghan fury grows (11-06-2008) The U.S. military is investigating two airstrikes this week that Afghan officials say killed as many as 60 civilians. more...
'Drone' raid kills 20 in Pakistan (10-26-2008) Missiles from a suspected US drone (unmanned plane) have killed 20 people in a militant camp near Pakistan's Afghan border, security officials say. more...
US special forces launch rare attack inside Syria (10-26-2008) U.S. military helicopters launched an extremely rare attack Sunday on Syrian territory close to the border with Iraq, killing eight people in a strike the government in Damascus condemned as "serious aggression." more...
U.S. considers sending special ops to Afghanistan (10-26-2008) In a sign that the U.S. military is scaling back its goals in Afghanistan, senior Pentagon officials are weighing controversial proposals to send additional teams of highly trained special operations forces to narrowly target the most violent insurgent bands in the country. more...
US airstrike kills 9 Afghan soldiers at checkpoint (10-22-2008) A U.S.-led coalition airstrike hit an Afghan army checkpoint Wednesday, killing nine soldiers, Afghan officials said, and the American military acknowledged that its forces may have "mistakenly" killed allied troops. more...
| RELIGION(11-14-2008) A priest at a South Carolina Roman Catholic church says his parishioners shouldn't take Holy Communion if they voted for Barack Obama because of the Democrat's stance on abortion. more...
Bishops Call Obama-Supported Abortion Rights Bill a Threat to Catholic Church (11-11-2008) The nation's Catholic bishops Tuesday approved a statement declaring that if the Democratic-controlled Congress and the incoming Obama administration enact proposed abortion rights legislation, they would see it as an attack on the church more...
Va. pharmacy follows faith, no birth control sales (10-22-2008) "I am grateful to be able to practice," pharmacy manager Robert Semler said, "where my conscience will never be violated and my faith does not have to be checked at the door each morning." more...
Taliban gunmen kill Christian aid worker in Kabul (10-20-2008) Taliban assailants on a motorbike gunned down a Christian aid worker in Kabul on Monday and the militants said she was killed for spreading her religion... more...
Befuddlement of a Born Again Fundamentalist Christian (10-19-2008) This is an attempt to explain way Born Again Fundamentalist Christians follow the Republican Party which in spite of all their public mention of God and Jesus is actually Anti-Christ. more...
Legal case against God dismissed (10-16-2008) A US judge has thrown out a case against God, ruling that because the defendant has no address, legal papers cannot be served. more...
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HUMOR(11-08-2008) This would be a great job for John McCain! more...
Sarah's new job, maybe? (11-06-2008) This would be a great job for Sarah Palin! more...
Every Republican Endorsing Obama (10-25-2008) The past week has been so insane and frantic — thanks, Ashley Todd! — that we never got around to mentioning the daily endorsements of “That One” by myriad Republican politicians and power-brokers. So let’s run down the list, and maybe even figure out what it all means, at this late stage in the game. more...
Side by side. (10-23-2008) John McCain and Sarah Palin side by side. more...
Joe the Plumber (10-22-2008) We found the official license. more...
Joe, the Plumber? (10-15-2008) The last Presidential debate highlight. more...
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GEOPOLITICS(11-10-2008) Four elections to be held over the next year in the Middle East and its outer fringes — all of them potentially affected by Barack Obama's historic win on Tuesday — could substantially alter the region's troubled dynamic. more...
President Obama and the world (11-05-2008) The United States has seen the biggest transformation in its standing in the world since the election of John Fitzgerald Kennedy in November 1960. more...
Global interest in U.S. election reaches a crescendo (11-04-2008) Newspapers across the globe came out in support of the Democratic candidate Monday. more...
What's Behind the US Military Raid on Syria? (10-27-2008) Sunday's surprise raid by helicopter-borne U.S. troops in eastern Syria raises at least three key questions. Given that the U.S. is saying the number of volunteer fighters infiltrating Iraq from Syria has dwindled significantly in the past 18 months, why was this action deemed necessary? Does the raid signal a shift in U.S. tactics in the region? And with just over a week before the U.S. presidential election, why now? more...
Report Finds Iraq Water Treatment Project to Be Late, Faulty and Over Budget (10-27-2008) A huge American-financed wastewater treatment plant in the desert city of Falluja, which United States troops assaulted twice to root out insurgents in 2004, was supposed to be the centerpiece of an effort to rebuild Iraq, a country smashed by war and neglect, and bring Western standards of sanitation. more...
Photo exhibition to show the face of war in Georgia and South Ossetia (10-23-2008) Photos taken by RIA Novosti photojournalists during the five-day conflict between Georgia and the breakaway republic of South Ossetia will go on display at a photo exhibition in Moscow. Tbilisi launched a military attack against Tskhinvali, the capital of South Ossetia on August 8 in an effort to regain control over the separatist republic. The attack forced Russia to send troops into the region. Approximately 1,600 South Ossetians were killed in the fighting, and thousands more were forced to flee the region. more...
| WORLD(11-05-2008) Many people were pleased that Americans would elect a black man to the most powerful post in the world. They are aware of the USA's history of racial division, and many live in countries where minorities have a slim chance of gaining access to the top office. more...
Israeli Politics: ANALYSIS / Does failure to form a government make Livni a loser? (10-25-2008) When Tzipi Livni tells President Shimon Peres on Sunday that she is unable to form a government, she will suffer the worst of all political fates: She will look like a loser. She tried to form a government, but failed. Her winning image, already cracked by her narrow victory over Shaul Mofaz in Kadima's leadership primary, will be dealt another blow. more...
Mexico's poverty rate decreases over past 10 years (10-22-2008) The poverty rate in Mexico has dropped from 21 percent to 18.5 percent over the past 10 years, said a report published by the Organization for Economic Cooperation and Development (OECD) Tuesday. more...
2 Killed on Thai-Cambodian Border (10-15-2008) Thai and Cambodian soldiers exchanged rocket and rifle fire for about an hour on Wednesday in a confrontation at their border over a disputed 900-year-old mountaintop temple, according to reports from the area. At least two Cambodian soldiers were killed, the Cambodian foreign minister said. more...
New intelligence report says Pakistan is 'on the edge' (10-14-2008) A growing al Qaida-backed insurgency, combined with the Pakistani army's reluctance to launch an all-out crackdown, political infighting and energy and food shortages are plunging America's key ally in the war on terror deeper into turmoil and violence, says a soon-to-be completed U.S. intelligence assessment. more...
Is the Second Superpower of the Cold War Going Down? (10-09-2008) Is a grotesque irony: as the U.S. seems to be experiencing the beginning stages of its imperial implosion, it is also -- as the Soviet Union was in the 1980s -- enmired in a war without end in Afghanistan against a ragtag army of Afghan insurgents supported by foreign jihadist volunteers. more...
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ENERGY(10-31-2008) It will be 35 years next week since President Richard Nixon, responding to an Arab oil embargo, vowed to make the United States energy independent — and do it in seven years. America is still waiting. more...
The Pickens Plan (10-28-2008) T. Boone Pickens made billions of dollars in the oil business. Today, he’s selling a plan to get America off foreign oil dependence, turning instead to natural gas and wind power. He’s spent millions promoting what he calls “The Pickens Plan.” more...
Building Jobs With Renewable Energy (10-24-2008) Just a few years ago, Bob Erbelding was building homes in Colorado. But he never thought he'd be building wind turbines. wind turbines workers Erbelding, 50, who works for the Denmark-based Vestas American Wind Technology, the world's largest manufacturer of wind turbines, says his business is part of an energy revolution that's changing the environment and the face of American industry. more... Mini: Small, Cute and Electric (10-22-2008) BMW Group will showcase a lithium-ion battery powered version of the MINI at next month's Los Angeles Auto Show more...
Pilot Project with 500 All-Electric Minis in Three US States (10-20-2008) BMW plans to test a fleet oft some 500 all-electric Mini models that will be made available to select private and corporate customers as part of a pilot project in the US states of California, New York and New Jersey. more...
Future planes, cars may be made of `buckypaper' (10-17-2008) It's called "buckypaper" and looks a lot like ordinary carbon paper, but don't be fooled by the cute name or flimsy appearance. It could revolutionize the way everything from airplanes to TVs are made. more...
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