One year after the near collapse of the global financial system, this much is clear: The financial world as we knew it is over, and something new is rising from its ashes. Historians will look to September 2008 as a watershed for the U.S. economy.
TVNL Comment: Keeping consumers in constant debt is the strategy that feeds capitalism as we know it. Don't kid yourself. The cycle will crawl back and debt will rule once again.




An Atlas V rocket blasted off from Cape Canaveral Air Force Station Tuesday.
An Israeli human rights group says many more Palestinian civilians were killed in the Israeli military's campaign this year in Gaza than the army admits.
The Arlington Independent School District, which passed on airing President Barack Obama's live classroom address, has announced that some students will be bussed off campus to hear a message from former President George W. Bush on Sept. 21.
For sport, they rolled through the streets of Baghdad hurling frozen oranges and water bottles at civilians and nearby vehicles, trying to smash windshields and injure bystanders. Convoying through the city in armored vehicles, the contractors fired their weapons indiscriminately. One member of the Blackwater security team known as Raven 23 regularly bragged about his body count and viewed killing Iraqis as "payback for 9/11."
Antiviral medications such as Tamiflu and Relenza, which are effective in treating the H1N1 swine flu, should be taken only by people hospitalized with the flu or those at high risk for complications from the disease, U.S. health officials said Tuesday.





























