FIFA - No Replay for Ireland - Referees Decision Final

Ireland lost a close match to France on Wednesday as a result of a controversial goal.  France's Thiery Henry had played the ball illegally twice before Galles scored to end Ireland's World Cup...

This Is Not A Normal Recession: Moving on to Plan B

""The Winter of 2008-2009 will prove to be the winter of global economic discontent that marks the rejection of the flawed ideology that unregulated global financial markets promote financial innovation, market efficiency, unhampered growth and endless prosperity while...

Miss Philippines is crowned Miss Earth 2008

"Environmental knowledge is something that all of us must share, but most importantly we must teach the youth that this is something that we should instill in them so that in the near future they will be the ones...

Shooting near Detroit high school kills student

In this fatal shootout latest report says that Three teens have been arrested in connection with a shooting outside Henry Ford High School Thursday that killed one student and wounded three others, Detroit Police...

Main Street turns against Wall Street & Politicians BailOut

"NEW YORK (Fortune) -- In one frenzied month Treasury Secretary Henry Paulson and Federal Reserve chairman Ben Bernanke remade Wall Street. Along the way they may also have recast American politics. A month of...

Obama, McCain, Kissinger: American Realpolitiks

I love Zoe Strauss. Here is a post she just did about an exchange between Obama and McCain about Kissinger. The post then goes on to provide links and information about the controversial career of Kissinger..."war criminal". Go Zoe! "During the presidential debate Obama and...

Crash looms as McCain rejects bail

" All eyes will again be on the Treasury Secretary Henry Paulson for a statement to shore up market confidence at the opening today, but it is hard to know what he can say as his authority appears to have been undermined at the highest political level, and President Bush...

No deal reached at White House, officials say

Alabama Senator Richard Shelby came out of the meeting and said there is NO Deal.  He also raised his hand holding 5 pages of copy that related that this plan wont work.  He related to reporters that...

Palin Media Blackout Continues

Fox News says Sarah Palin is not being open to her traveling press corps and her staff is working overtime to control access and images."Palin Media Blackout Continues by Shushannah...

Democrats want homeowner relief as part of bailout plan

The US government's corporate bailout plan will cost taxpayers hundreds of millions, if not trillions, of dollars, calling some Democrats to ask the obvious; will a similar aid plan be put in place for bankrupt...

Update Goldman: After the party, the hangover, buying an AIG lifeinsurance now?

Who ever will buy now a lifeinsurance policy from AIG, not trustworthy you may say.Who ever will invest in Goldman & Sachs, still healthy, can they repeat to make profiton short selling of mortgage contracts?...

McCain speaks out against government bailouts

Republican presidential candidate John McCain spoke out against the mass government bailouts being given to crumbling financial sector companies, in a speech given Friday, at a Republican rally in Minnesota.McCain...

Bush, a Georgie come lately, as always

Have you noticed over the last 8 yrs, that Bush is always a day late and a dollar short......on brains and action?"Bush: 'We must act now'Bush, Paulson outline powerful steps targeting troubled mortgage-related assets weighing down the finance industry. Plan could cost...

US creates government sponsored Bad Bank

Bad Bank Paulson, Pelosi had the task to announce the "Bad bank" creation finally by the US government. Originally the banks themselves proposed a $70 bn "Bad bank". Obviously the $70bn would have been just...

White House warns, no more Wall Street bailouts

After taking the rare move of bailing out mortgage companies Fannie Mae and Freddie Mac, Washington is warning other struggling Wall Street firms not to expect the same helping hand.  The warning was issued...

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