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Entries for February 2009

Presdent Obama puts astronomical $4 trillion price tag on new budget

BY Kenneth R. Bazinet And Michael Mcauliff | NYDailyNews.com | Feb. 26, 2009
President Obama  unveiled a staggeringly huge budget this morning, telling the country it will take almost $4 trillion to run the U.S. next year.

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Politics & Government :: 712 Views :: 0 Comments ::Article Rating
Obama’s Stimulus Bill is a Banker Contrived Debt Scam

By Kurt Nimmo | Infowars.com | Feb. 26, 2009
It was a joke, but not funny. Ben Bernanke, Federal Reserve mob boss, declared in his semi annual report to the Senate Banking Committee earlier this week “there is a reasonable prospect” the “recession” will end this year. The stock market responded with an upward blip of conditional and cynical enthusiasm.

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Economics :: 907 Views :: 0 Comments ::Article Rating
Obama's Budget: Almost $1 Trillion in New Taxes Over Next 10 yrs, Starting 2011

By Jake Tapper | ABC News | Feb. 26, 2009
President Obama's budget proposes $989 billion in new taxes over the course of the next 10 years, starting fiscal year 2011, most of which are tax increases on individuals.

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Economics :: 841 Views :: 0 Comments ::Article Rating
Schwarzenegger "absolutely" loves the idea of holding a constitutional convention

By George Skelton | L.A. Times | February 26, 2009
From Sacramento -- Gov. Arnold Schwarzenegger says he "absolutely" loves the idea of holding a constitutional convention to overhaul state government.

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Politics & Government :: 645 Views :: 0 Comments ::Article Rating
Justice Department will stop medical marijuana raids, Attorney General says

By John Byrne and David Edwards | RawStory.com | Feb. 26, 2009
In a little-noticed remark Wednesday, Obama Attorney General Eric Holder said that the Justice Department will no longer raid medical marijuana dispensaries established under state laws but technically prohibited by the federal government.

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Civil Liberties, Video :: 2434 Views :: 0 Comments ::Article Rating
Rocky Mountain News publishes final edition

By Catherine Tsai | The Associated Press | Feb. 26, 2009
Questions about the future of the Rocky Mountain News had become so common, the newspaper's staff put up a handwritten paper sign on the news desk that said, "We don't know."

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Media :: 615 Views :: 0 Comments ::Article Rating
Fannie Mae seeks $15.2B in US aid after 4Q loss

By Alan Zibel | The Associated Press | Feb. 26, 2009
Fannie Mae said Thursday it needs $15.2 billion in government aid -- though that figure is expected to grow -- because it lost nearly $59 billion last year as the foreclosure crisis mushroomed.

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Economics :: 562 Views :: 0 Comments ::Article Rating
C.I.A. Pakistan Campaign Is Working, Director Says

By Mark Mazzetti and Helene Cooper |  NY Times | Feb. 25, 2009
Leon E. Panetta, the new director of the Central Intelligence Agency, said Wednesday that the agency’s campaign against militants in Pakistan’s tribal areas was the “most effective weapon” the Obama administration had to combat Al Qaeda’s top leadership.

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War & The Military :: 828 Views :: 0 Comments ::Article Rating
The Credit Card Debt Crisis: The Next Economic Domino

By Arianna Huffington | HuffingtonPost.com | Feb. 24, 2009
Hot on the heels of the banking crisis, the employment crisis, and the mortgage/foreclosure crisis, the country is on the verge of experiencing a credit card crisis.

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Economics :: 792 Views :: 1 Comments ::Article Rating
While trying to expand drug running MS-13 gang dealt huge blow in Colorado busts

By Judi Villa | Rocky Mountain News | Feb. 24, 2009
Law enforcement officials say they have crippled a notoriously violent street gang as its members were attempting to expand into Colorado and establish a foothold here for drug trafficking.

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Social Issues :: 844 Views :: 0 Comments ::Article Rating
Obama to Seek $634 Billion for Health Care, Official Says

By Hans Nichols | Bloomberg.com | Feb. 25, 2009
President Barack Obama will ask Congress to set aside $634 billion over 10 years to help pay for an overhaul of the nation’s health-care system, an administration official said.

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Politics & Government :: 581 Views :: 0 Comments ::Article Rating
Feds: CIA boss had history of bad behavior

AP | Feb. 25, 2009
A former CIA agent rose to the agency's No. 3 rank despite a record of misconduct that stretched over 20 years, prosecutors said, but his career came to an end with his conviction in a bribery scheme. In court papers, prosecutors describe how, Kyle "Dusty" Foggo was investigated in the late 1980s for punching a bicyclist in a traffic dispute and for numerous relationships with foreign women that could have compromised security.

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Politics & Government :: 501 Views :: 0 Comments ::Article Rating
India names Pakistani colonel in connection with Mumbai terror attacks

By Mark Tran | Guardian | Feb. 26, 2009
Indian police have named a Pakistani colonel who they say was connected to November's Mumbai terror attacks which left 164 people dead. An 11,509-page charge sheet filed by the Mumbai police yesterday named the officer as Colonel Sadatullah, the highest-ranked Pakistani to be implicated in the three-day siege of two luxury hotels and other sites that strained tensions between the two neighbours.

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Terrorism :: 733 Views :: 0 Comments ::Article Rating
Drug-Related Killings Skyrocket In Mexico

By Jason Beaubien | NPR | Feb. 26, 2009
Mexico is at war, and the drug violence this month alone has flared all across the country. More people were killed in Mexico's drug war in 2008 than all the U.S. service members killed in the entire Iraq war. This year, the death rate has more than doubled, and experts say there's no end in sight.

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Immigration & Borders :: 711 Views :: 0 Comments ::Article Rating
Lawyer says Guantanamo abuse worse since Obama

By Luke Baker | Reuters | Feb. 25, 2009
Abuse of prisoners at Guantanamo Bay has worsened sharply since President Barack Obama took office as prison guards "get their kicks in" before the camp is closed, according to a lawyer who represents detainees.

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Civil Liberties :: 704 Views :: 0 Comments ::Article Rating
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