Fed
to be given MORE authority The
Federal Reserve and Treasury are playing a dominant
day-to-day role in overseeing Wall Street following
this week’s rescue of Bear Stearns, raising
the prospect that the central bank might be given
more permanent authority over securities firms.
Global
Warming Bill Would Inflict New Great Depression A new bill
aimed at combating global warming currently being
considered by the Senate would, if passed, inflict
a new great depression on America by reducing GDP
by 6.9 percent - a figure comparable with the economic
meltdown of 1929 and 1930.
Taser
Claims Its Latest Young Life The "less
than lethal" Taser has claimed another life
after a seventeen year old was tasered by cops inside
a grocery store he worked at in Charlotte, North
Car
China
ships 80 truckloads of troops toward Tibet China sent
additional troops into restive areas Thursday
and made more arrests in the Tibetan capital in
an effort to suppress anti-government protests.
Outside
the Box Bullhorns the Fox Alex Ansary
makes some noise outside a concert hall in Portland,
Oregon where Vincente Fox spoke on March 19th, 2008.
The
Triple Failing of the Big Private Banks Since August
2007, US and European banks have constantly made
headline news concerning the deep crisis they are
going through and its knock-on effect on the neoliberal
economic system as a whole.
Dick
Cheney tour sparks Iran war rumours Dick Cheney,
the US vice-president, has triggered speculation
that he has been using a tour of the Middle East
to prepare Iran's neighbours for a possible war
with Tehran.