TV News LIES

In the second quarter, 117 FDIC-insured institutions were on the list. Now, at 171, the number of institutions on the FDIC's "problem list" is at its highest level since late 1995.

"We've had profound problems in our financial markets that are taking a rising toll on the real economy," said FDIC Chairman Sheila Bair in a statement, adding that Tuesday's report "reflects these challenges."

Total assets held by troubled institutions climbed from $78.3 billion to $115.6 billion — a figure that suggests that the nation's top 20 banks aren't on the list, even though they are getting slammed, too, by the growing credit crisis. The FDIC does not reveal the institutions it deems troubled.

TVNL Comment: So we are to believe that every bank in the country made the same mistakes? We are falling for the second biggest scam in US history, the first being the incarnation of the Federal Reserve.

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With the recount in the razor-thin Minnesota U.S. Senate race continuing into its second week, Democratic candidate Al Franken's campaign says it has uncovered 6,400 rejected absentee ballots and will ask a state board to count at least some of those votes.

Franken's campaign also says several dozen ballots have gone missing. 

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While the Irvine subprime lender was failing, key executives continually changed their stock trading plans and often sold within days of colleagues' trades, a Times investigation shows.

No charges have been filed, and attorneys for the company's former top executives say that none of the executives sold stock based on information that had not been disclosed to the public and that the executives retained most of their shares when the company went under.

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Observing that prisoners have no right to be served food at "the most aesthetically pleasing temperature," the First District Court of Appeal in San Francisco overturned a judge's ruling that would have required Pelican Bay State Prison in Del Norte County to turn up the heat on meals to inmates in the security housing unit.

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You hear about them every year: gee-whiz, plug-in, battery-powered vehicles poised to change the world. Granted, they’re tiny, or expensive, or both. And if they ever make it to the United States, they’ll be downgraded from electric vehicles (EVs) to neighborhood electric vehicles (NEVs)—glorified golf carts with a top speed of 25 mph. But overseas, where getting gouged at the pump is a fact of life, EVs are a growth market.

TVNL Comment: The reason the big 3 US automakers have not made thist type of vehicle available is bacuse they conspire with the oil companies to keep us dependent on oil.

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U.S. health officials have found trace amounts of the chemical melamine in one sample of infant formula sold in the United States, a Food and Drug Administration spokeswoman said on Tuesday.

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President Hamid Karzai demanded at a meeting with a UN Security Council team Tuesday that the international community set a "timeline" for ending military intervention in Afghanistan, his office said. Karzai told a delegation from the Council that his country needed to know how long the US-led "war on terror" was going to be fought in Afghanistan or it would have to seek a political solution to a Taliban-led insurgency.

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Before invading Iraq in 2003, the Bush administration mounted a significant diplomatic offensive to rally international support, and officials at the White House, Pentagon and State Department went to great lengths to trumpet those nations that joined what they termed “the coalition of the willing.”

But historians researching those early alliance-building efforts say they are troubled by what seem to be deletions of and alterations to the early official lists of nations that supported the war effort. The lists were posted on the White House Web site.