The Bush administration sought unchecked power from Congress to buy $700 billion in bad mortgage investments from financial companies in what would be an unprecedented government intrusion into the markets.
Through his plan, Treasury Secretary Henry Paulson aims to avert a credit freeze that would bring the financial system and the world's largest economy to a standstill. The bill would prevent courts from reviewing actions taken under its authority.
Treasury Seeks Asset-Buying Power Unchecked by Courts
Incredible Documentary Footage of Mass Arrest in St. Paul
Newly released footage, which was buried to avoid confiscation, shows riot cops arresting and abusing a giant group of people for nothing.
Welcome to the final stages of the coup...
In 2000, the long fought for and long admired democracy of the United States of America began a slow and steady decline toward fascism - a Bush family tradition - with the installment of a president - a man the citizens overwhelmingly rejected (although the funny math told a still believed myth) - by a few corrupt judges on the US Supreme Court. That coup is now nearly complete and checkmate is all but unavoidable.
Pakistani President Delivers Broadside Against Terrorism and U.S. Intervention
President Asif Ali Zardari addressed a joint session of Parliament on Saturday, his first speech there since his election two weeks ago, and offered a program of peace and reform while vowing to root out terrorism and extremism.
But he also warned that Pakistan would not abide further American military incursions into the border areas. “We will not tolerate the violation of our sovereignty and territorial integrity by any power in the name of combating terrorism,” he said in a comment that was broadly greeted by legislators, who loudly thumped on their desks to show their support.
TVNL Comment: Now, THAT'LL scare the hell out of George Bush for sure!
The Army's Totally Serious Mind-Control Project
Soldiers barking orders at each other is so 20th Century. That's why the U.S. Army has just awarded a $4 million contract to begin developing "thought helmets" that would harness silent brain waves for secure communication among troops. Ultimately, the Army hopes the project will "lead to direct mental control of military systems by thought alone."
The Army's initial goal is to capture those brain waves with incredibly sophisticated software that then translates the waves into audible radio messages for other troops in the field. "It'd be radio without a microphone, " says Dr. Elmar Schmeisser, the Army neuroscientist overseeing the program. "Because soldiers are already trained to talk in clean, clear and formulaic ways, it would be a very small step to have them think that way."
Confessions of a sub-prime mortgage baron
The former loan company boss now sees himself as little better than a mid-rank drug dealer.
"I almost look at the mortgage industry kind of like the drug trade. Wall Street and the investment banks are the Bolivian drug lords," he says. "You look at this and you go: What were we doing? Who doesn't want the feeling of euphoria? Who doesn't like to get money?"
He continues: "Wall Street, the drug lords, were creating this product. Lenders and brokers are the street dealers who were largely making it available based on a consumer desire; a want for it."
Mobile phone use 'raises children's risk of brain cancer fivefold'
Professor Hardell told the conference – held at the Royal Society by the Radiation Research Trust – that "people who started mobile phone use before the age of 20" had more than five-fold increase in glioma", a cancer of the glial cells that support the central nervous system. The extra risk to young people of contracting the disease from using the cordless phone found in many homes was almost as great, at more than four times higher.
Why does the US think it can win in Afghanistan?
Poor old Algerians. They are being served the same old pap from their cruel government. In 1997, the Pouvoir announced a "final victory" over their vicious Islamist enemies. On at least three occasions, I reported – not, of course, without appropriate cynicism – that the Algerian authorities believed their enemies were finally beaten because the "terrorists" were so desperate that they were beheading every man, woman and child in the villages they captured in the mountains around Algiers and Oran.
And now they're at it again. After a ferocious resurgence of car bombing by their newly merged "al-Qa'ida in the Maghreb" antagonists, the decrepit old FLN government in Algiers has announced the "terminal phase" in its battle against armed Islamists.
Blocking Care for Women
LAST month, the Bush administration launched the latest salvo in its eight-year campaign to undermine women’s rights and women’s health by placing ideology ahead of science: a proposed rule from the Department of Health and Human Services that would govern family planning. It would require that any health care entity that receives federal financing — whether it’s a physician in private practice, a hospital or a state government — certify in writing that none of its employees are required to assist in any way with medical services they find objectionable.
Laws that have been on the books for some 30 years already allow doctors to refuse to perform abortions. The new rule would go further, ensuring that all employees and volunteers for health care entities can refuse to aid in providing any treatment they object to, which could include not only abortion and sterilization but also contraception.
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