Investors to blame for not assessing the risks

The United States is not the only nation confronting a household debt crisis. We, too, have a subprime lending market and it is managed by our collective bag of finance companies. The collective sum of savings at risk in this sector is reported to be $16 billion. Put another way, that’s nearly a third of […]

US jobs data in shock fall

Fiona Walsh, business editor Friday September 7, 2007 Guardian Unlimited Shares in London, the rest of Europe and the United States went into sharp retreat this afternoon after shock US data showed the housing crisis and credit squeeze are starting to hit growth in the world’s biggest economy.The dollar also tumbled as the US government […]

USA 1984 has arrived

Big Brother USA: Surveillance Via “Tagging, Tracking, and Locating” The Militarization of U.S. Public Service Agencies by Laurel Federbush Global Research, September 3, 2007 According to the 2005 Strategy for Homeland Defense and Civil Support, “the terrorist enemy now considers the US homeland a preeminent part of the global theater of combat, and so must […]

U.S. at risk of recession from housing

By Mark Felsenthal and Alister Bull JACKSON HOLE, Wyoming (Reuters) – The weak housing market could topple the country into a full-blown recession and the Federal Reserve should slash interest rates aggressively, one of the country’s most prominent economists warned on Saturday. “Lower interest rates now would help,” Martin Feldstein, president of the influential National […]

Insurers demand sensitive files from doctors

By MARY JANE BOLAND – Sunday Star Times | Sunday, 2 September 2007Email a Friend | Printable View | Have Your SayRelated Links • Subscribe to Archivestuff • Have your say Advertisement AdvertisementInsurence companies are demanding access to patients’ confidential medical records in a move which has alarmed doctors and prompted privacy complaints. The new […]

Interstate toll roads eyed

Polly Ross Hughes Express-News Austin BureauAUSTIN – The Texas Department of Transportation is pushing Congress to pass a federal law allowing the state to “buy back” parts of existing interstate highways and turn them into toll roads. The 24-page plan, outlined in a “Forward Momentum” report that escaped widespread attention when published in February, drew […]