When the dust settles, the federal bailout of Fannie Mae and Freddie Mac will be the most expensive government rescue of the financial crisis — it already stands at $153 billion and counting.
Even as the Obama administration unveiled its plan for reforming the firms, experts agree taxpayer losses
Fourteen current and former members of the U.S. military charged in a lawsuit filed Tuesday that the Pentagon turned a blind eye when they reported being sexually harassed, assaulted and raped by fellow service members while on active duty.
Interviews by NBC News with some of the plaintiffs in the case reveal disturbing and
Yemeni police with clubs on Saturday beat anti-government protesters who were celebrating the resignation of Egyptian leader Hosni Mubarak and demanding the ouster of their own president.
The crackdown reflected an effort to undercut a protest movement seeking fresh momentum from the
Television and laptop makers are trying to make 3D displays which can be watched without wearing 3D glasses - the thought being that the glasses may put a lot of people off 3D TV in the home.
But there are rumblings which suggest that 3D may have bigger problems - with holographic TV planned to be its successor.
On a holo-TV, images will be
Local Chemtrail activists in Alachua County, Florida recently took the initiative and asked for a meeting with their local EPA officials to express their concerns.
They viewed portions of “What in the World Are They Spraying” to open the meeting, and then discussed the need fo
Editors Note: This appears to be some sort of psychological mind game that certain elements of our government are using on the people, almost as if they are prepping us for the reality of a nuclear attack in America.
Al Hallor, the
CAIRO (AP) - It was the people who forced President Hosni Mubarak from power, but it is the generals who are in charge now. Egypt's 18-day uprising produced a military coup that crept into being over many days - its seeds planted early in the crisis by Mubarak himself.
The telltale signs of a coup
In 2008, the Alliance of Youth Movements held its inaugural summit in New York City. Attending this summit was a combination of State Department staff, Council on Foreign Relations members, former National Security staff, Department of Homeland Security advisers, and a myriad of
NEW YORK - The Federal Reserve Bank of New York said Thursday it plans to purchase about $97 billion in Treasury debt in the next month, continuing its policy of buying bonds to keep interest rates low and aid the economy's recovery. The purchases also include $17 billion of reinvestments of
The U.S. Navy has been criticised for spending almost half a million dollars of taxpayers' money on a flyover at the Super Bowl - while the stadium roof was closed.
The estimated $450,000 expense was for four fighter jets that flew from Virginia to Texas and over the
The US House of Representatives voted Thursday night to clear the road for an extension of controversial provisions in the USA PATRIOT Act.
Hosni Mubarak stepped down as president of Egypt and handed power to the military, bowing to the demands of protesters who have occupied central Cairo for the past three weeks demanding an end to his 30-year rule.
“Mubarak has decided to relinquish the office of the presidency,” said Vice Pre
Economic Policy Journal - Simon Black
In the late 1920s, the economy of the Weimar Republic was beset by numerous fiscal troubles. The global depression spread quickly to Germany, undermining the government's ability to make its reparation payments from the Great War.
Fearing a return to hyperinflation, many
WASHINGTON - Tens of thousands of the nation's war widows find it perplexing and downright disrespectful to their late military husbands: In order to fully collect on insurance their husbands bought for them when alive, they must marry another man.
And to qualify, the widows must remarry when
February 11th, 2011 Mix the big confetti currencies together and what do you get? Confetti.Via: CNN:The International Monetary Fund issued a report Thursday on a possible replacement for the dollar as the world’s reserve currency.The IMF said Special Drawing Rights, or SDRs, could help stabilize the global financial system.SDRs represent