Archive for August, 2009
Megrahi Will Accuse an American of Carrying Out Lockerbie Bombing
August 24th, 2009UPDATE: From 2008: Was Lockerbie Suspect Working for US? —End Update— I can’t find any other articles about this latest wrinkle to the story. I don’t know how much of this is credible, but it makes for an interesting read in any event. Via: Daily Express: AN AMERICAN citizen is to be named by the […]
Real Estate Short Sales in Las Vegas
August 24th, 2009Via: Time: The real estate mistakes on the Strip were made in miniature by thousands of Vegas homeowners. To see the real devastation, I have to leave the line of casinos along the Strip and drive to where people in Las Vegas actually live. I head out to spend the day with real estate agent […]
FDIC Friday: Guaranty Bank Goes Down; and a Few Others
August 22nd, 2009Via: Bloomberg: Banco Bilbao Vizcaya Argentaria SA, Spain’s second-biggest bank, took over Guaranty Financial Group Inc. of Texas, the first foreign company to buy a failed U.S. bank this year as the toll of seized lenders climbed to 81. Branches of Guaranty in Texas and California tomorrow will become offices of Birmingham, Alabama-based BBVA Compass, […]
Chart of S&P 500 P/E Ratios
August 22nd, 2009Must see. Via: Chart of the Day: Today’s chart illustrates how the recent plunge in earnings has impacted the current valuation of the stock market as measured by the price to earnings ratio (PE ratio). Generally speaking, when the PE ratio is high, stocks are considered to be expensive. When the PE ratio is low, […]
Obama to Raise 10-Year Deficit to $9 Trillion
August 22nd, 2009Via: Reuters: The Obama administration will raise its 10-year budget deficit projection to approximately $9 trillion from $7.108 trillion in a report next week, a senior administration official told Reuters on Friday. The higher deficit figure, based on updated economic data, brings the White House budget office into line with outside estimates and gives further […]
High Desert Ghetto Birds Fly Over Neighborhoods and Announce Suspect Descriptions with Megaphones
August 21st, 2009In the best of times, the vast blast furnace of the California’s wastelands never made sense to me. And now, as we head into collapse, I can’t begin to imagine what will happen in a place like Victorville as order breaks down. Maybe something between Mad Max and Dawn of the Dead. Via: ExiledOnline: High […]
Senator Moves to Block Medical Ghostwriting
August 21st, 2009Via: New York Times: A growing body of evidence suggests that doctors at some of the nation’s top medical schools have been attaching their names and lending their reputations to scientific papers that were drafted by ghostwriters working for drug companies — articles that were carefully calibrated to help the manufacturers sell more products. Experts […]
Demand Rises for Publicly Funded Burials
August 21st, 2009Via: USA Today: The rough economy is inflicting hardship on people even in death. Coroners and funeral directors in several cities say the number of people seeking government-paid funerals, cremations and burials is spiking. Most counties and states will use public money to cremate or bury people who are too poor to pay for private […]
California spends $216,000 annually on each inmate in the juvenile justice system. It spends $8,000 on each child attending the Oakland public school system.
August 21st, 2009I’m definitely not for the expansion of the public indoctrination and lobotomy system, but this is Batshit insanity of the highest order. Via: New York Times: It’s time for a fundamental re-evaluation of the criminal justice system, as legislation sponsored by Senator Jim Webb has called for, so that we’re no longer squandering money that […]
CIA Hired Blackwater for Assassination Program
August 21st, 2009“Blackwater is a CIA cutout that got so big that it just happened to become a household name.” —Feds Investigating Blackwater USA for Selling Weapons to Iraqi Insurgency I’ve asserted (for years) that Blackwater was a CIA contractor. Now that Blackwater’s involvement with CIA covert assassination programs has been admitted, my guess is that it’s […]
